AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)
Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-06-01
Treasury yields dip on month-end buying

Treasury yields dip on month-end buying

Yields on most US Treasury bonds and notes fell to their lowest levels in more than a week on Tuesday on month-end buying and after US inflation data reinforced doubts that the Federal Reserve would raise interest rates more than one more time in 2017. Pu
Published 01 Jun, 2017 12:00am
Ezdan spooks Qatar; Dana jumps, MSCI shares lift Egypt
Exchange

Ezdan spooks Qatar; Dana jumps, MSCI shares lift Egypt

A sharp drop in property developer Ezdan Holding rippled across Qatar's stock market on Wednesday while profit-taking in blue chips dragged Abu Dhabi lower, although Dana Gas jumped on hopes for payments from the Kurdistan Regional Government (KRG). Share
Published 01 Jun, 2017 12:00am
European shares close with fourth straight month of gains

European shares close with fourth straight month of gains

European shares posted their fourth straight month of gains on Wednesday though fresh political worries and the lack of new catalysts following a surprisingly strong earnings season spurred investors to lock in some profits in banks and commodities-relate
Published 01 Jun, 2017 12:00am
Australian shares up; New Zealand flat

Australian shares up; New Zealand flat

Australian shares ended marginally higher on Wednesday as gains in the consumer and financial sectors offset losses in energy and materials stocks, which suffered from weak commodity prices. The S&P/ASX 200 index closed up 0.1 percent at 5,724.60 points,
Published 01 Jun, 2017 12:00am
Indian shares flat

Indian shares flat

India's benchmark BSE index ended flat on Wednesday after hitting a record high earlier as caution set in ahead of gross domestic product data later in the day, but still posted a 4.1 percent gain for May, its best monthly performance in a year. The BSE i
Published 01 Jun, 2017 12:00am
UK stocks post best month of the year as sterling swings

UK stocks post best month of the year as sterling swings

Britain's FTSE 100 ended its strongest month of the year on a quiet note on Wednesday as a choppy day for sterling, thanks to an increasingly cloudy picture painted by polls about next week's general election, gave investors little reason to chase the ral
Published 01 Jun, 2017 12:00am
Pound drops in Asia

Pound drops in Asia

The British pound dropped on Wednesday after a new poll found that British Prime Minister Theresa May's Conservative Party risks falling short of an overall majority in the June 8 national election. The pound was down 0.3 percent at $1.2816 after falling
Published 01 Jun, 2017 12:00am
Sterling recovers, euro climbs in Europe

Sterling recovers, euro climbs in Europe

Britain's pound recovered from a half a percent drop on Wednesday after a poll showed the country's ruling Conservative party still in the lead, overriding a previous projection of a hung parliament in elections next week. Research company Panelbase said
Published 01 Jun, 2017 12:00am
Dollar stumbles in New York as global sentiment weakens

Dollar stumbles in New York as global sentiment weakens

The dollar fell to two-week lows against the safe-haven yen and Swiss franc on Tuesday, as investors turned cautious amid political worries in Europe as well as weaker stock and commodity markets after a long US holiday weekend. "There is a whiff of risk
Published 01 Jun, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 80.57-80.57 (previous 80.55-80.57).
Published 01 Jun, 2017 12:00am
Sri Lankan rupee up

Sri Lankan rupee up

Sri Lankan rupee ended slightly firmer on Wednesday due to dollar selling by a foreign bank, but the rupee is expected to weaken as floods and landslides brought damage and dented market sentiment, dealers said. Rupee forwards were active on Wednesday, wi
Published 01 Jun, 2017 12:00am
Asian forex: Yuan hits 6-1/2-month high; other currencies rise

Asian forex: Yuan hits 6-1/2-month high; other currencies rise

Asian currencies rose on Wednesday as strong manufacturing data from China coupled with a risk-happy market environment spurred interest in emerging currencies, with the Chinese yuan jumping to its highest in six-and-a-half months. The Chinese yuan shot u
Published 01 Jun, 2017 12:00am
Sterling bounces as new polls lean May's way
Exchange

Sterling bounces as new polls lean May's way

Sterling recovered from its lowest level in more than a month on Wednesday after two surveys showed Prime Minister Theresa May's poll lead in double digits, countering signs she might be set to fall short of a majority in next week's election. The pound s
Published 01 Jun, 2017 12:00am
Kiwi climbs, Aussie down
Exchange

Kiwi climbs, Aussie down

The New Zealand dollar climbed to a three-month peak on Wednesday, while its Australian counterpart drifted lower on falling commodity prices, having paid little attention to better-than-expected manufacturing data from China. The New Zealand dollar soare
Published 01 Jun, 2017 12:00am
Wenger signs new Arsenal contract

Wenger signs new Arsenal contract

Long-serving Arsenal manager Arsene Wenger has signed a new two-year contract, the club announced on Wednesday, ending months of speculation about his future. Wenger has presided over a gruelling season, which saw his team fail to qualify for the Champion
Published 01 Jun, 2017 12:00am
Kvitova looks to Wimbledon as 'fairytale' ends

Kvitova looks to Wimbledon as 'fairytale' ends

Petra Kvitova said she is eagerly looking ahead to returning to Wimbledon after her "fairytale" French Open comeback ended in the second round. The Czech star lost 7-6 (7/5), 7-6 (7/5) to American qualifier Bethanie Mattek-Sands at Roland Garros on Wednes
Published 01 Jun, 2017 12:00am
Muguruza survives, no problems for Djokovic

Muguruza survives, no problems for Djokovic

Reigning champion Garbine Muguruza survived a tough French Open second-round challenge from Anett Kontaveit, while men's title-holder Novak Djokovic stormed into the last 32 on Wednesday. Muguruza's patchy form this season included a loss to the world num
Published 01 Jun, 2017 12:00am
Mijatovic remembers goal that restored Real's Euro reign

Mijatovic remembers goal that restored Real's Euro reign

As Real Madrid and Juventus prepare to lock horns once more in a Champions League final, memories of their first final meeting 19 years ago come flooding back for one of Madrid's unlikely heroes Predrag Mijatovic. Mijatovic scored "the most beautiful and
Published 01 Jun, 2017 12:00am
England trio to pioneer bat sensors in Champions Trophy

England trio to pioneer bat sensors in Champions Trophy

England trio Jason Roy, Alex Hales and Ben Stokes will be among the players from around the world pioneering new bat sensors during the upcoming Champions Trophy, it was announced Tuesday. Technology giant Intel has developed a sensor, placed on top of th
Published 01 Jun, 2017 12:00am
FIFA signs China's Vivo as new sponsor

FIFA signs China's Vivo as new sponsor

Chinese smartphone maker Vivo has signed on to sponsor the 2018 and 2022 World Cups, FIFA said Wednesday, adding to a string of deals between Chinese firms and football's governing body. FIFA has suffered financial hits in the wake of damaging corruption
Published 01 Jun, 2017 12:00am
Three more Russians get IAAF green light to compete

Three more Russians get IAAF green light to compete

Three female Russian athletes were given the green light Wednesday to compete internationally as neutrals, world athletics' governing body announced. The International Association of Athletics Federations (IAAF) said its doping review board had agreed tha
Published 01 Jun, 2017 12:00am
Isinbayeva quits as Russian anti-doping board chief

Isinbayeva quits as Russian anti-doping board chief

Pole vault star Yelena Isinbayeva on Wednesday quit as head of the supervisory council at Russia's anti-doping agency, a step demanded by international officials as Moscow seeks to get its suspension lifted. Russian sports bosses agreed earlier this month
Published 01 Jun, 2017 12:00am
England and Bangladesh aim to banish batting blues in Trophy opener

England and Bangladesh aim to banish batting blues in Trophy opener

Spectators have long been advised to get to sporting events early and they could miss the key part of Thursday's Champions Trophy opener between England and Bangladesh at the Oval if they aren't in on time. Even in June, early morning cloud cover that aid
Published 01 Jun, 2017 12:00am
New protests shake Morocco's north

New protests shake Morocco's north

Thousands staged demonstrations for a fifth night running in northern Morocco to demand the release of the leader of a months-long protest movement in the neglected Rif region. The region has been shaken by social unrest since the death in October of fish
Published 01 Jun, 2017 12:00am
US successfully tests ICBM defence system

US successfully tests ICBM defence system

The US military said Tuesday it had intercepted a mock-up of an intercontinental ballistic missile in a first-of-its-kind test that comes amid concerns over North Korea's weapons program. A ground-based interceptor launched from Vandenberg Air Force Base
Published 01 Jun, 2017 12:00am
UN launches $75 million appeal for Libya

UN launches $75 million appeal for Libya

The United Nations on Tuesday launched a $75.5-million (67.5-million-euro) appeal to tackle a swelling humanitarian and migration crisis in Libya. The UN's High Commissioner for Refugees (UNHCR) said the funds would go toward providing essential services
Published 01 Jun, 2017 12:00am
World watches as Yemen descends into total collapse: UN

World watches as Yemen descends into total collapse: UN

Yemen is descending into total collapse, its people facing war, famine and a deadly outbreak of cholera, as the world watches, the UN aid chief said on Tuesday. Speaking to the UN Security Council, Stephen O'Brien said "the time is now" to end the world's
Published 01 Jun, 2017 12:00am
Slovak foreign minister elected UN General Assembly president

Slovak foreign minister elected UN General Assembly president

The United Nations General Assembly on Wednesday picked Slovak Foreign Minister Miroslav Lajcak to be its next president. He will succeed Fiji's former ambassador to the United Nations, Peter Thomson, in September and chair the assembly's 72nd session tha
Published 01 Jun, 2017 12:00am
Syrian hospital saves lives by going solar

Syrian hospital saves lives by going solar

Neo-natal wards and emergency rooms in a northern Syrian hospital will from Tuesday have uninterrupted electricity for the first time in years thanks to new solar panels, a charity said. Hospitals in rebel-controlled Syrian territory face life-threatening
Published 01 Jun, 2017 12:00am
Russia fires cruise missiles at Islamic State targets from Mediterranean

Russia fires cruise missiles at Islamic State targets from Mediterranean

A Russian warship and submarine have fired four cruise missiles from the Mediterranean at Islamic State targets near the Syrian city of Palmyra, the Defence Ministry said on Wednesday. The strike, which Russian news agencies said was the first of its kind
Published 01 Jun, 2017 12:00am
Duterte slams Clinton over rape criticism

Duterte slams Clinton over rape criticism

Philippine leader Rodrigo Duterte angrily hit back Wednesday at Chelsea Clinton for criticising remarks he made about rape, using vulgar language while referring to her father's infidelities as American president. Duterte on Friday told soldiers they coul
Published 01 Jun, 2017 12:00am
Israeli rule 'key cause' of Palestinian hardship: UN

Israeli rule 'key cause' of Palestinian hardship: UN

Fifty years after Israel occupied the Palestinian territories, its policies in the West Bank and Gaza are at the root of Palestinian hardship, the United Nations said Wednesday. "Occupation policies and practices remain the key cause of humanitarian needs
Published 01 Jun, 2017 12:00am
Russia relaxes economic sanctions, visa rules on Turkey

Russia relaxes economic sanctions, visa rules on Turkey

Russian President Vladimir Putin on Wednesday signed a decree relaxing some restrictions on Turkey over business and visa-free entry imposed after Ankara shot down a Russian warplane on the Syrian border. A decree posted on the Kremlin website lifted a ba
Published 01 Jun, 2017 12:00am
Two dead in Saudi school shooting

Two dead in Saudi school shooting

A teacher killed two staff at a private school owned by a prominent Saudi billionaire in Riyadh on Wednesday, a security source told AFP. The school was closed and no children were there at the time, the US embassy in Riyadh said. Police were hunting a su
Published 01 Jun, 2017 12:00am
Trump keeps world guessing on Paris climate deal pullout

Trump keeps world guessing on Paris climate deal pullout

Donald Trump has decided to pull the United States out of the Paris climate accord, US media reported Wednesday, as the president kept the world guessing - saying an announcement will come in the "next few days." An American pullout would deal a devastati
Published 01 Jun, 2017 12:00am
Sub-committee on electoral reforms finalises recommendations

Sub-committee on electoral reforms finalises recommendations

The sub-committee of the Parliamentary Committee on Electoral Reforms on Wednesday concluded its recommendations related to the future electoral process in the country. The committee met for the 92nd session with its convenor Zahid Hamid, Minister for Law
Published 01 Jun, 2017 12:00am
Zubair, NA Deputy Speaker discuss matters of mutual interests

Zubair, NA Deputy Speaker discuss matters of mutual interests

Governor Sindh, Muhammad Zubair called on Deputy Speaker National Assembly Murtaza Javed Abbasi and discussed various issues of mutual interests including the matters related the budget Fiscal Year 2017-18. During the meeting held in Parliament House on W
Published 01 Jun, 2017 12:00am
Shahbaz meets legislators from Gujranwala

Shahbaz meets legislators from Gujranwala

Punjab Chief Minister Muhammad Shehbaz Sharif has said that new energy projects would be completed in next two months and 5000 megawatt additional electricity will be included in national grid. "Additional 660 megawatt electricity will be gained from Sahi
Published 01 Jun, 2017 12:00am
Punjab to bear expenses of Fajar Noor's treatment

Punjab to bear expenses of Fajar Noor's treatment

Provincial Minister for Schools Education Rana Mashood Ahmad Khan has said that Punjab government will bear all the expenses of Fajar Noor's treatment in the hospital. He said this while talking to the media in Ghurki Hospital where he went to inquire aft
Published 01 Jun, 2017 12:00am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

ABOUT THE COMPANY: The flagship company of Pakistan's largest business house Nishat Group, Nishat Mills Limited (PSX: NML) has been around since 1951. With 32 manufacturing units that specialise in specific product ranges in Faisalabad, Sheikhupura
Published 01 Jun, 2017 12:00am
Nishat Mills Limited
Mutual Funds

Nishat Mills Limited

ABOUT THE COMPANY: The flagship company of Pakistan's largest business house Nishat Group, Nishat Mills Limited (PSX: NML) has been around since 1951. With 32 manufacturing units that specialise in specific product ranges in Faisalabad, Sheikhupura
Published 01 Jun, 2017 12:00am
Navy's humanitarian services continue in Sri Lanka

Navy's humanitarian services continue in Sri Lanka

Pakistan Navy continues to provide Humanitarian Assistance and Disaster Relief (HADR) Operations in Flood Stricken Sri Lanka through Pakistan Navy Ship ZULFIQUAR. The Ship has already arrived at Colombo with embarked Helicopter ALOUETTE, relief goods, par
Published 01 Jun, 2017 12:00am
BoI to share details of SEZs with ADB

BoI to share details of SEZs with ADB

Azher Ali Chaudhry, Secretary, Board of Investment on Wednesday said that the BOI will share details of Special Economic Zones (SEZs) with Asian Development Bank for its comprehensive analysis which can serve as a study for BOI to market and match a locat
Published 01 Jun, 2017 12:00am
ANP warns government against excessive power outages in KP

ANP warns government against excessive power outages in KP

Awami National Party (ANP) has warned the federal government to protest against the excessive unscheduled power outages in Khyber Pakhtunkhwa. Addressing a news conference at Peshawar Press Club on Wednesday, ANP Central Senior Vice President, Ghulam Ahma
Published 01 Jun, 2017 12:00am
Turkey to provide $10 million for TDPs' rehabilitation

Turkey to provide $10 million for TDPs' rehabilitation

Turkey will provide $10 million to Pakistan for rehabilitation of temporarily displaced persons (TDPs) in Federally Administered Tribal Areas (FATA) and affectees of 2014 floods. An agreement to this effect was signed by Turkish Ambassador Sadik Babur Gir
Published 01 Jun, 2017 12:00am
Pakistan wants to resolve issues with India through dialogue: President

Pakistan wants to resolve issues with India through dialogue: President

President Mamnoon Hussain on Wednesday said that Pakistan wants to resolve all of the problems with India through dialogue including the core issue of Indian occupied Kashmir (IOK). "India is violating the resolutions of the United Nations which is furthe
Published 01 Jun, 2017 12:00am
Khattak directs against imposition of new taxes in budget

Khattak directs against imposition of new taxes in budget

Chief Minister Khyber Pakhtunkhwa (KP) Pervez Khattak has directed against the imposition of new taxes or any increase in the existing taxation system. He stressed for realistic approach through strict financial discipline, cutting down of non-development
Published 01 Jun, 2017 12:00am
FBR plans to set up DTO offices across country

FBR plans to set up DTO offices across country

The Federal Board of Revenue (FBR) is planning to establish the office of District Taxation Officer across the country, with the target to broaden the tax base and extend the penetration of tax collecting body into the society. "There is a need to expand
Published 01 Jun, 2017 12:00am
Market manipulation: SECP files criminal case
Exchange

Market manipulation: SECP files criminal case

The Securities and Exchange Commission of Pakistan (SECP) has filed a criminal complaint in the Karachi sessions court against a group comprising of two brothers, their cousin and their facilitator broker namely Adam Securities Limited, for manipulating i
Published 01 Jun, 2017 12:00am
Senators slam government for presenting budget sans NFC Award

Senators slam government for presenting budget sans NFC Award

The government drew flak from MPs in Senate on Wednesday for presenting a budget without National Finance Commission (NFC), as one opposition senator said that the budgetary allocations sans NFC was like giving alms to orphans. The opposition lawmakers ca
Published 01 Jun, 2017 12:00am
Mastung attack: Haideri slams Balochistan CM, home minister

Mastung attack: Haideri slams Balochistan CM, home minister

Deputy Chairman Senate Maulana Abdul Ghafoor Haideri, who was recently, escaped an assassination attempt, on Wednesday warned in Senate if Balochistan provincial government fails to take action against terrorists, election campaign in the province for nex
Published 01 Jun, 2017 12:00am
SSAI urges Sindh government to compensate factory owners

SSAI urges Sindh government to compensate factory owners

Senior Vice President of Site Superhighway Association of industry (SSAI), Sultan Salahuddin Chishti has urged the government of Sindh to compensate the owners of Super Plastic Industries to overcome losses they suffered due to fire in the unit. Expressin
Published 01 Jun, 2017 12:00am
SECP proposes new Modaraba law
Exchange

SECP proposes new Modaraba law

The Securities and Exchange Commission of Pakistan has proposed new Modaraba law, which shall replace the 37-year-old Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980. The SECP has initiated consultation with the stakeholders and t
Published 01 Jun, 2017 12:00am
Shifa International observes World No Tobacco Day

Shifa International observes World No Tobacco Day

More than seven million deaths from tobacco use every year, a figure that is predicted to grow to more than eight million a year by 2030 without intensified action, says a press release issued here on Wednesday. Tobacco use is a threat to any person, rega
Published 01 Jun, 2017 12:00am
ST reduced to 19.5 percent on motor spirit

ST reduced to 19.5 percent on motor spirit

The Federal Board of Revenue (FBR) has reduced sales tax from 20 to 19.5 percent on motor spirit from June 1, 2017. In this regard, the FBR has issued a notification here on Wednesday. According to the notification, sales tax on High speed diesel oil has
Published 01 Jun, 2017 12:00am
Women Resource Centre inaugurated

Women Resource Centre inaugurated

Provincial Minister for Minorities and Human Rights Khalil Tahir Sandhu has said that solution of all domestic problems is possible only through education and initiative of women resource centre will be a milestone in this regard. He expressed these views
Published 01 Jun, 2017 12:00am
RTO detects tax evasion case against cigarette manufacturing firm

RTO detects tax evasion case against cigarette manufacturing firm

Regional Tax Office (RTO) Rawalpindi has detected alleged evasion of sales tax and federal excise duty (FED) by a Karachi-based multinational cigarette manufacturing company and also exposed an undeclared warehouse which was being misused for storage and
Published 01 Jun, 2017 12:00am
Efforts under way to provide quality foodstuff at Ramazan Bazaars

Efforts under way to provide quality foodstuff at Ramazan Bazaars

Under the directions of CM Punjab Shahbaz Sharif, all out efforts are being made to provide the quality items of daily use to the consumers on specially reduced prices through the network of Ramazan Bazaars set up in the district. This was said by Deputy
Published 01 Jun, 2017 12:00am
Bail petition of cashier rejected

Bail petition of cashier rejected

A division bench of the Lahore High Court on Wednesday rejected bail of cashier of M/S Hali Motors who had collected billions of rupees from people offering them a car on instalments. The applicant counsel said that Azam was an employee and had no role in
Published 01 Jun, 2017 12:00am
Crackdown launched against substandard ghee, oil-makers

Crackdown launched against substandard ghee, oil-makers

The Punjab Food Authority (PFA) launching a crackdown against substandard cooking oil and ghee manufacturers has started lifting all those brands, who failed the tests conducted last week, from the market. According to information released by the Authorit
Published 01 Jun, 2017 12:00am
'Tobacco claims 80,000 lives annually in Pakistan'

'Tobacco claims 80,000 lives annually in Pakistan'

"Tobacco is responsible for approximately 80,000 deaths annually in Pakistan directly or indirectly. It was major cause of lung cancer and heart diseases globally in addition to many other diseases attributed to smoking. The number of young female smokers
Published 01 Jun, 2017 12:00am
PAF to upgrade Multan Air university

PAF to upgrade Multan Air university

Pakistan Air Force is going to launch enhancement plan of the new campus of "Air University Multan Sub-Campus" at Bahawalpur Road, Multan at a distance of 19-km from the Multan city. Currently, a sub-campus of Air University Islamabad is working at Abdali
Published 01 Jun, 2017 12:00am
Metro train's operation: PTA issues two licences for wireless system

Metro train's operation: PTA issues two licences for wireless system

Pakistan Telecommunication Authority (PTA) has issued two licences for wireless system for metro train's operation in the provincial metropolis. This was revealed in the weekly progress review meeting in connection with the Lahore Orange Line Metro Train
Published 01 Jun, 2017 12:00am
Stone crushing: environment department launches crackdown

Stone crushing: environment department launches crackdown

The Punjab Environment Department has launched a crackdown against stone crushing and grinding units in Southern Punjab causing dust pollution leading to increased incidence of diseases among the citizen residing in these areas. Field teams of the departm
Published 01 Jun, 2017 12:00am
PHFMC to take over control of 14 BHUs

PHFMC to take over control of 14 BHUs

The Punjab Health Facilities Management Company (PHFMC) will take over the management of basic health units of 14 districts which are currently operated under the Punjab Rural Supports Programme (PRSP). Punjab Minister for Primary & Secondary Health Kh Im
Published 01 Jun, 2017 12:00am
Lady health worker among two killed in firing

Lady health worker among two killed in firing

A security guard allegedly killed two people including a lady health worker over a monetary dispute in Shahdara area on Wednesday, police officials said. The accused was caught by the locals who handed him over to the police when he tried to flee the scen
Published 01 Jun, 2017 12:00am
Citizens up in arms against LESCO

Citizens up in arms against LESCO

Citizens were up in arms against the Lahore Electric Supply Company in an open court organised by a Member Provincial Assembly Rana Mubashir. The open court was organised to listen to the problems of the residents of Khyaban-e-Amin. Majority of the reside
Published 01 Jun, 2017 12:00am
e-Rozgaar Centre to open at UET-Taxila today

e-Rozgaar Centre to open at UET-Taxila today

The Punjab Information Technology Board (PITB) and Youth Affairs, Sports, Archaeology & Tourism (YASAT)'s joint project, 'Chief Minister's eRozgaar Programme' is opening its third Centre at University of Engineering & Technology (UET), Taxila on Thursday
Published 01 Jun, 2017 12:00am
APCNGA demands withdrawal of taxes imposed in budget

APCNGA demands withdrawal of taxes imposed in budget

The All Pakistan CNG Association (APCNGA) has rejected increased taxes slapped on the CNG sector in the budget 2017-18 and called for its immediate reversal. Talking to Business Recorder on telephone, Central Chairman(APCNGA Ghiyas Abdullah Paracha
Published 01 Jun, 2017 12:00am
APCNGA demands withdrawal of taxes imposed in budget

APCNGA demands withdrawal of taxes imposed in budget

The All Pakistan CNG Association (APCNGA) has rejected increased taxes slapped on the CNG sector in the budget 2017-18 and called for its immediate reversal. Talking to Business Recorder on telephone, Central Chairman(APCNGA Ghiyas Abdullah Paracha
Published 01 Jun, 2017 12:00am
Education can help overcome challenge of extremism: CM

Education can help overcome challenge of extremism: CM

Punjab Chief Minister Shehbaz Sharif has said that war against poverty, unemployment, ignorance and extremism can only be won through education. He said this while chairing a meeting, which reviewed plan of bringing improvement of teachers' training progr
Published 01 Jun, 2017 12:00am
Bank Alfalah launches self-service banking kiosks

Bank Alfalah launches self-service banking kiosks

In continuation of its efforts to digitize the country's financial services landscape and promote financial inclusion here, Pakistan's top banking institution, Bank Alfalah Limited, has partnered with CSquare Consulting to install self-service banking kio
Published 01 Jun, 2017 12:00am
National Bank signs MoU with PPAF

National Bank signs MoU with PPAF

Chairperson Prime Minister's Youth Program, Leila Khan witnessed along with Chairperson BISP, Marvi Memonan witnessed the MoU signing ceremony between National Bank of Pakistan (NBP) and Pakistan Poverty Alleviation Fund (PPAF) for offering graduates of P
Published 01 Jun, 2017 12:00am
Online exporters' directory launched

Online exporters' directory launched

Trade Development Authority of Pakistan (TDAP) has developed its first online Pakistan Exporters' Directory. The directory is now on stream and can be accessed both through TDAP's website and direct search using the link www.pakistanexportersdirectory.gov
Published 01 Jun, 2017 12:00am
UBL Funds to launch six new investment centres
Mutual Funds

UBL Funds to launch six new investment centres

UBL Fund Managers Limited (UBL Funds) has announce the expansion of its network with the launch of 6 new investment centres all across Pakistan during the course of May & June 2017. Aiming to increase its reach and customer base, UBL Funds will inaugurate
Published 01 Jun, 2017 12:00am
UBL Funds to launch six new investment centres
Mutual Funds

UBL Funds to launch six new investment centres

UBL Fund Managers Limited (UBL Funds) has announce the expansion of its network with the launch of 6 new investment centres all across Pakistan during the course of May & June 2017. Aiming to increase its reach and customer base, UBL Funds will inaugurate
Published 01 Jun, 2017 12:00am
Resumption of hedge trading in cotton hailed
Cotton

Resumption of hedge trading in cotton hailed

In his budget speech on 26-05-2017, the announcement made by the Federal Finance Minister that in order to stabilise cotton prices in the country, a system of hedge trading for the domestic cotton will be initiated in consultation with all stakeholders.
Published 01 Jun, 2017 12:00am
Syngenta to support small, medium growers

Syngenta to support small, medium growers

Syngenta Pakistan, a premier crop protection company in Pakistan and the third largest seeds business, is at the fore front in supporting small and medium growers to take up modern ways of farming, with the primary objective of ensuring food security in t
Published 01 Jun, 2017 12:00am
ECP adjourns contempt hearing against Imran

ECP adjourns contempt hearing against Imran

The Election Commission of Pakistan (ECP) on Wednesday adjourned the hearing in the contempt case against Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan till June 7. Spokesman PTI Fawad Chaudhry submitted the chairman PTI's response with the ECP, prom
Published 01 Jun, 2017 12:00am
Bilawal inaugurates 100 megawatts gas-fired power project at Nooriabad

Bilawal inaugurates 100 megawatts gas-fired power project at Nooriabad

PPP chairman Bilawal Bhutto Zardari accused Prime Minister Nawaz Sharif of scrapping a 25,000MW power project approved and signed by Prime Minister Benazir Bhutto when she was in power, calling it "political short-sightedness." Speaking at an inaugural ce
Published 01 Jun, 2017 12:00am
Government urged to make zero-rating part of an Act

Government urged to make zero-rating part of an Act

Despite of assurances in budget meetings held with ministers and officials from the government the zero-rating currently regulated under SRO taxation system has not been transformed to an Act, Pakistan Apparel Forum Chairman Jawed Bilwani and Office Beare
Published 01 Jun, 2017 12:00am
KP Assembly body reviews Societies Registration Bill, 2017

KP Assembly body reviews Societies Registration Bill, 2017

A meeting for Select Committee on Societies Registration (Amendment) Bill, 2017 held here Wednesday with Special Assistant to KP CM for Industries, Abdul Karim Khan in the chair. Besides, members Provincial Assembly, Mufti Said Janan, Mufti Fazal Ghafoor,
Published 01 Jun, 2017 12:00am
Senate body voices concern over inordinate delay in ST refunds

Senate body voices concern over inordinate delay in ST refunds

The Senate Standing Committee on Finance has shown concern over pending sale tax refunds with the Federal Board of Revenue (FBR), saying the refund issue has become a major problem for business community. A meeting of the finance committee chaired by Sena
Published 01 Jun, 2017 12:00am
APTMA rejects federal budget
Cotton

APTMA rejects federal budget

All Pakistan Textile Mills Association (APTMA) on Wednesday rejected the proposed Federal Budget 2017-18. The government is not serious in implementing Rs 180 billion Prime Minister's export led growth package as up till now only Rs 1 billion has been rel
Published 01 Jun, 2017 12:00am
APTMA rejects federal budget
Cotton

APTMA rejects federal budget

All Pakistan Textile Mills Association (APTMA) on Wednesday rejected the proposed Federal Budget 2017-18. The government is not serious in implementing Rs 180 billion Prime Minister's export led growth package as up till now only Rs 1 billion has been rel
Published 01 Jun, 2017 12:00am
Police SMS system launched in D I Khan

Police SMS system launched in D I Khan

The newly designed SMS system known as Police Access Service (PAS) was launched in D.I. Khan on Wednesday to address public complaints promptly. Regional Police Officer (RPO) Syed Fida Hassan Shah unveiled the plaque here in a ceremony to launch the servi
Published 01 Jun, 2017 12:00am
Sherpao condemns Kabul bomb blast

Sherpao condemns Kabul bomb blast

Qaumi Watan Party Chairman, Aftab Ahmad Khan Sherpao, has condemned a huge bomb blast that shook Kabul on Wednesday, killing at least 80 people, and injuring hundreds of others. The QWP chief in a statement said that terrorism had played havoc with lives
Published 01 Jun, 2017 12:00am
Opposition holds mock session outside Parliament

Opposition holds mock session outside Parliament

Members of the Opposition parties in the National Assembly held a mock session outside the Parliament House on Wednesday to register a protest against the government for not telecasting their speeches about the budget 2017-18 live on Pakistan Television N
Published 01 Jun, 2017 12:00am
Hashmi's threats to judiciary part of N-League's politics: Imran

Hashmi's threats to judiciary part of N-League's politics: Imran

The chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan termed the Nehal Hashmi's threatening statement to JIT and SC; the culture of PML-N political culture. "Hashmi's embarrassing threats to judiciary is part of N-League politics and them always tries to
Published 01 Jun, 2017 12:00am
Kaira vows to organise party without relying upon electables

Kaira vows to organise party without relying upon electables

Pakistan Peoples Party (PPP) Punjab president Qamar Zaman Kaira has vowed to organise party without relying upon electables. He has also criticised the Pakistan Tehreek-e-Insaf for accepting turncoats of PPP, questioning the myth of change agitated by the
Published 01 Jun, 2017 12:00am
Heatwave subsides after scattered rain

Heatwave subsides after scattered rain

The week-long scorching heat wave subsided after scattered rain in parts of Punjab, KPK, Gilgit Baltistan and Kashmir Tuesday night dropping the maximum highest temperature by 10 to 15 degree Celsius on Wednesday. The Pakistan Meteorological Department (P
Published 01 Jun, 2017 12:00am
Previous Day