AGL 39.10 Decreased By ▼ -0.90 (-2.25%)
AIRLINK 129.00 Decreased By ▼ -0.06 (-0.05%)
BOP 6.76 Increased By ▲ 0.01 (0.15%)
CNERGY 4.70 Increased By ▲ 0.21 (4.68%)
DCL 8.46 Decreased By ▼ -0.09 (-1.05%)
DFML 40.98 Increased By ▲ 0.16 (0.39%)
DGKC 81.40 Increased By ▲ 0.44 (0.54%)
FCCL 32.96 Increased By ▲ 0.19 (0.58%)
FFBL 74.00 Decreased By ▼ -0.43 (-0.58%)
FFL 11.80 Increased By ▲ 0.06 (0.51%)
HUBC 109.50 Decreased By ▼ -0.08 (-0.07%)
HUMNL 14.00 Increased By ▲ 0.25 (1.82%)
KEL 5.26 Decreased By ▼ -0.05 (-0.94%)
KOSM 7.69 Decreased By ▼ -0.03 (-0.39%)
MLCF 38.40 Decreased By ▼ -0.20 (-0.52%)
NBP 64.60 Increased By ▲ 1.09 (1.72%)
OGDC 193.50 Decreased By ▼ -1.19 (-0.61%)
PAEL 25.65 Decreased By ▼ -0.06 (-0.23%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 154.75 Decreased By ▼ -0.70 (-0.45%)
PRL 25.52 Decreased By ▼ -0.27 (-1.05%)
PTC 17.40 Decreased By ▼ -0.10 (-0.57%)
SEARL 79.47 Increased By ▲ 0.82 (1.04%)
TELE 7.75 Decreased By ▼ -0.11 (-1.4%)
TOMCL 33.66 Decreased By ▼ -0.07 (-0.21%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.25 Decreased By ▼ -0.02 (-0.12%)
TRG 57.80 Decreased By ▼ -0.42 (-0.72%)
UNITY 27.70 Increased By ▲ 0.21 (0.76%)
WTL 1.40 Increased By ▲ 0.01 (0.72%)
BR100 10,510 Increased By 64.7 (0.62%)
BR30 31,214 Increased By 24.8 (0.08%)
KSE100 98,301 Increased By 502.8 (0.51%)
KSE30 30,692 Increased By 211.3 (0.69%)
Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-06-05
Fruit prices slashed as boycott enters into third day

Fruit prices slashed as boycott enters into third day

The social media-driven 'fruits boycott' campaign against buying fruits on exorbitant prices in the holy month of Ramzan has forced the profiteers to lower the prices as consumers stayed away from fruit markets for two consecutive days of the campaign. Th
Published 05 Jun, 2017 12:00am
Two gunned down in Quetta firing

Two gunned down in Quetta firing

Two including a woman shot dead by armed assailants here on Sunday afternoon. Rescue sources said that armed men of rival groups opened indiscriminate fire at their opponents at Spini Road in the provincial capital Quetta. A woman was among two people die
Published 05 Jun, 2017 12:00am
Boosting Exports: a tête-à-tête with the Secretary Commerce
Cotton

Boosting Exports: a tête-à-tête with the Secretary Commerce

Mohammad Younus Dagha is a career civil servant serving in BPS 22. Since April 2017, he has been handling the portfolio of the Secretary of the Commerce Division. Prior to that, Dagha served as Secretary for Water and Power for two and a half years. BR Re
Published 05 Jun, 2017 12:00am
Boosting Exports: a tête-à-tête with the Secretary Commerce
Cotton

Boosting Exports: a tête-à-tête with the Secretary Commerce

Mohammad Younus Dagha is a career civil servant serving in BPS 22. Since April 2017, he has been handling the portfolio of the Secretary of the Commerce Division. Prior to that, Dagha served as Secretary for Water and Power for two and a half years. BR Re
Published 05 Jun, 2017 12:00am
Prince Harry starts visit in Singapore

Prince Harry starts visit in Singapore

Britain's Prince Harry began a goodwill visit to Asia on a subdued note Sunday following a deadly terror attack in London. The fifth in line to the throne attended a reception at Eden Hall, the British High Commissioner's official residence in Singapore w
Published 05 Jun, 2017 12:00am
Syria's army takes Aleppo town from IS

Syria's army takes Aleppo town from IS

Syria's army Sunday seized a key town from the Islamic State group in the east of Aleppo province, a military source said, nearing its goal of expelling the jihadists from the region. The capture of Maskana, on the western bank of Lake Assad, comes as par
Published 05 Jun, 2017 12:00am
Iran's leader lashes out at Trump, Saudis for anti-Tehran alliance

Iran's leader lashes out at Trump, Saudis for anti-Tehran alliance

Iran's Supreme Leader Ayatollah Ali Khamenei lashed out on Sunday against US President Donald Trump and Saudi Arabia's leaders for their new regional alliance against Tehran, saying it would bear no fruit. Khamenei called the visit a display of brazenness
Published 05 Jun, 2017 12:00am
Residents trapped as gunfire mars truce in Philippines city

Residents trapped as gunfire mars truce in Philippines city

Thousands of civilians hoping to flee fighting in the besieged Philippines city of Marawi remained trapped on Sunday after a four-hour truce to evacuate residents was disrupted by gunfire. Only 134 were freed on Sunday, less than on previous days, despite
Published 05 Jun, 2017 12:00am
North Korea says rejects new sanctions, to continue nuclear programme

North Korea says rejects new sanctions, to continue nuclear programme

North Korea "fully rejects" the latest U.N sanctions against its citizens and entities as a "hostile act" and will continue its nuclear weapons development without a delay, its foreign ministry spokesman said on Sunday. The UN Security Council on Friday e
Published 05 Jun, 2017 12:00am
Brazil prison riot leaves seven youths dead

Brazil prison riot leaves seven youths dead

A riot at a youth detention center in Brazil left seven adolescents dead Saturday and two injured in the latest spasm of violence in the country's decrepit, overcrowded jails. The uprising at the facility in north-east Brazil began before dawn when a grou
Published 05 Jun, 2017 12:00am
Child stabbed to death at German refugee shelter

Child stabbed to death at German refugee shelter

A five-year-old child was stabbed to death by an Afghan national at a refugee shelter in south-eastern Germany, German authorities said Sunday. The 41-year-old assailant also injured the child's mother, a Russian national, and a six-year-old child at the
Published 05 Jun, 2017 12:00am
Four confirmed dead in small plane crash in Japan

Four confirmed dead in small plane crash in Japan

Four people were killed when a Cessna aircraft crashed into a snow-covered mountain in central Japan, local police said on Sunday. The single-propeller plane with four people on board plunged into Japan's Northern Alps in Tateyama on Saturday, police said
Published 05 Jun, 2017 12:00am
Thousands gather at Hong Kong Tiananmen vigil

Thousands gather at Hong Kong Tiananmen vigil

Thousands gathered at a candlelit vigil in Hong Kong Sunday night to mark 28 years since China's bloody Tiananmen Square crackdown but the annual event is struggling for support among younger generations. Semi-autonomous Hong Kong is the only place on Chi
Published 05 Jun, 2017 12:00am
Maltese PM Muscat wins second term in snap election

Maltese PM Muscat wins second term in snap election

Maltese Prime Minister Joseph Muscat won a second term in office after calling a snap parliamentary election last month to counter allegations of corruption against his wife and some of his political allies. Muscat's Labour Party won 55 percent of votes i
Published 05 Jun, 2017 12:00am
Unsure of US, Asia builds new alliances to counter China

Unsure of US, Asia builds new alliances to counter China

Several Asian nations are seeking to bolster informal alliances among themselves, regional diplomats and officials said, unsettled by growing fears that the United States could not be relied on to maintain a buffer against China's assertiveness. Countries
Published 05 Jun, 2017 12:00am
Secretary visits NS hospital

Secretary visits NS hospital

Secretary Specialised Healthcare and Medical Education Najam Ahmad Shah paid a random visit to the Nawaz Sharif Hospital Yakki Gate. The Secretary inspected pharmacy, emergency, laboratory, CMO Office, ICU, CSSD, Gasses room, Orthopaedic Surgery wards and
Published 05 Jun, 2017 12:00am
EOBI disburses Rs 17,921.699 million among beneficiaries

EOBI disburses Rs 17,921.699 million among beneficiaries

Employees Old Age Benefits Institution (EOBI) has disbursed an amount of Rs 17,921.699 million among 405,460 beneficiaries through various programmes from July 2016 to March 2017. EOBI distributed Rs 11,278.511 million under Old-age pension programme amon
Published 05 Jun, 2017 12:00am
97 percent TDPs of North, South Waziristan return to native areas

97 percent TDPs of North, South Waziristan return to native areas

Ninety-seven percent TDPs of North and South Waziristan agencies have returned to their native areas. A spokesman of FATA Disaster Management Authority told Radio Pakistan that the remaining TDPs will be sent back to their homes within next three months.
Published 05 Jun, 2017 12:00am
LUMHS refutes corruption charges

LUMHS refutes corruption charges

In response to a news appeared in a part of print media on 3rd June 2017, regarding the allegation of corruption in establishment of Bilawal Medical College at LUMHS Jamshoro, the management of Liaquat University of Medical & Health Sciences has taken a s
Published 05 Jun, 2017 12:00am
Officers of Inland Revenue have unblemished integrity: FBR

Officers of Inland Revenue have unblemished integrity: FBR

Referring to the news reports published in some national dailies on Sunday, the FBR's official spokesperson has clarified that his remarks during the hearing of the Senate Standing Committee on Finance have been twisted wrongly. He said he never stated th
Published 05 Jun, 2017 12:00am
SRB cannot impose ST on services provided by CAA: SC

SRB cannot impose ST on services provided by CAA: SC

Supreme Court of Pakistan has declared that the functions and regulatory duties performed by Civil Aviation Authority (CAA) are within the exclusive sphere of the Federal Legislature and the Sindh Revenue Board (SRB) cannot impose sales tax on the purport
Published 05 Jun, 2017 12:00am
Man shoots dead nine in drunken Russian village quarrel

Man shoots dead nine in drunken Russian village quarrel

A man has been detained after shooting dead nine people in a drunken dispute at a weekend cottage in a village outside Moscow, Russian investigators said Sunday. The alleged assailant gunned down five men and four women after a drinking session on Saturda
Published 05 Jun, 2017 12:00am
Iraqi forces retake area near Syrian border from IS

Iraqi forces retake area near Syrian border from IS

Iraqi forces retook an area near the Syrian border from the Islamic State group on Sunday as part of operations to expel the jihadists from strongholds in the country's north. The Hashed al-Shaabi (Popular Mobilisation) forces announced the "total liberat
Published 05 Jun, 2017 12:00am
Japan holds evacuation drills as North Korea missile fears grow

Japan holds evacuation drills as North Korea missile fears grow

Hundreds of residents of a small Japanese coastal town took part in an evacuation drill Sunday as fears grow that a North Korean missile could hit the country. The drill in the town of Abu, about 800 kilometres (500 miles) west of Tokyo facing the Sea of
Published 05 Jun, 2017 12:00am
Nine migrants killed in Bulgaria accident

Nine migrants killed in Bulgaria accident

Nine migrants from Afghanistan and Pakistan were killed and nine others were injured in a minibus accident in southern Bulgaria on Sunday, police said. The minibus was apparently driven by a 16-year-old Bulgarian who did not have a driver's licence. He wa
Published 05 Jun, 2017 12:00am
Moroccan police stifle women's protest in northern city

Moroccan police stifle women's protest in northern city

Moroccan authorities stifled a women's protest against official abuses and corruption on Saturday in a northern town where months of unrest has tested the North African kingdom. The protest in the town of Al-Hoceima was organised by the "Hirak" movement,
Published 05 Jun, 2017 12:00am
Zuma denies owning 'palace' in Dubai

Zuma denies owning 'palace' in Dubai

South African President Jacob Zuma has denied owning a "palace" in the United Arab Emirates, his office said on Sunday, after local media reported that an influential family bought him a home in the wealthy Gulf state. Graft accusations in more than 100,0
Published 05 Jun, 2017 12:00am
What ails PIA?

What ails PIA?

This is apropos a Business Recorder news item "PIA hunts for CEO after Hildenbrand exit" carried by the newspaper on Saturday. According to it, Pakistan International Airlines (PIA) advertised the vacant position of Chief Executive Officer (CEO) on
Published 05 Jun, 2017 12:00am
Slovenia's 'eco-hero' who crushed a cement giant

Slovenia's 'eco-hero' who crushed a cement giant

When he saw swallows nesting in the barn for the first time in almost two decades, Slovenian farmer Uros Macerl felt vindicated. His exhausting battle against a polluting industrial giant had been worthwhile. A role model to some, an "eco-terrorist" to ot
Published 05 Jun, 2017 12:00am
Hurdles to Franco-German bargain on euro zone are high

Hurdles to Franco-German bargain on euro zone are high

Midway through their news conference in Berlin last month, French President Emmanuel Macron turned to German Chancellor Angela Merkel and laid out a quid pro quo on strengthening Europe's single currency project. "Everyone has a job to do," Macron said. "
Published 05 Jun, 2017 12:00am
A set of broken promises

A set of broken promises

The PML-N government was swept to power in 2013 after successfully highlighting the PPP-led coalition government's appalling performance in terms of provision of basic utilities particularly electricity and the numerous multi-billion dollar scams associat
Published 05 Jun, 2017 12:00am
After the Riyadh summit

After the Riyadh summit

Pakistan's reluctant participation in the Riyadh-based Islamic military alliance to fight terrorism (IMAFT) and appointment of former Army chief General Raheel Sharif as head of the alliance have been creating much unease and controversy in this country d
Published 05 Jun, 2017 12:00am
Finance Bill: NPOs

Finance Bill: NPOs

Federal Finance Minister Ishaq Dar in his budget speech clarified that those non-profit organizations (NPOs) unable to spend more than 75 percent of their income on charitable and welfare activities would retain their NPO status after payment of a 10 perc
Published 05 Jun, 2017 12:00am
Risk management framework

Risk management framework

It is good to see that the State Bank regularly monitors the operational side of banks and provides the necessary guidelines when needed. In order to minimise the technology risks, it issued on 30th May, 2017 Enterprise Technology Governance and Risk Mana
Published 05 Jun, 2017 12:00am
India beat Pakistan in Champions Trophy

India beat Pakistan in Champions Trophy

India captain Virat Kohli and Yuvraj Singh made Pakistan pay for fluffing catches with quickfire fifties as the holders launched their Champions Trophy title-defence with a rain-affected 124 run thrashing of their arch-rivals at Edgbaston on Sunday. After
Published 05 Jun, 2017 12:00am
India beat Pakistan in Champions Trophy

India beat Pakistan in Champions Trophy

India captain Virat Kohli and Yuvraj Singh made Pakistan pay for fluffing catches with quickfire fifties as the holders launched their Champions Trophy title-defence with a rain-affected 124 run thrashing of their arch-rivals at Edgbaston on Sunday. After
Published 05 Jun, 2017 12:00am
Forces kill dozen IS terrorists in Mastung raid

Forces kill dozen IS terrorists in Mastung raid

Forces on Sunday said they had killed around a dozen Islamic State militants in a three-day raid prompted by intelligence reports that the group were holding two recently kidnapped Chinese nationals. The operation took place in the rugged Mastung district
Published 05 Jun, 2017 12:00am
Forces kill dozen IS terrorists in Mastung raid

Forces kill dozen IS terrorists in Mastung raid

Forces on Sunday said they had killed around a dozen Islamic State militants in a three-day raid prompted by intelligence reports that the group were holding two recently kidnapped Chinese nationals. The operation took place in the rugged Mastung district
Published 05 Jun, 2017 12:00am
Army issues video showing destruction of India post at LoC

Army issues video showing destruction of India post at LoC

Military on Sunday released a video showing the destruction of an Indian army post at LoC, and said that five Indian soldiers had been killed in the incident. The military's media wing released a 27-second video showing the attack, which came in response
Published 05 Jun, 2017 12:00am
Army issues video showing destruction of India post at LoC

Army issues video showing destruction of India post at LoC

Military on Sunday released a video showing the destruction of an Indian army post at LoC, and said that five Indian soldiers had been killed in the incident. The military's media wing released a 27-second video showing the attack, which came in response
Published 05 Jun, 2017 12:00am
Malaysia Airlines close to deal for more widebody Airbus planes

Malaysia Airlines close to deal for more widebody Airbus planes

Malaysia Airlines is close to signing deals for six or seven second-hand widebody A330 planes for its fleet this year as it seeks to grow on international routes amidst good demand for summer bookings, its chief executive said on Sunday. Malaysia Airlines
Published 05 Jun, 2017 12:00am
Pakistan rejects Afghan allegations

Pakistan rejects Afghan allegations

Pakistan on Sunday strongly rejected baseless and unfounded allegations levelled by Afghan government against Pakistan after the recent terrorist attack in Kabul. Adviser to Prime Minister on Foreign Affairs Sartaj Aziz said that "we have witnessed with s
Published 05 Jun, 2017 12:00am
Hussain's picture leakage against investigation rules: Marriyum

Hussain's picture leakage against investigation rules: Marriyum

Minister of State for Information, Broadcasting and National Heritage (IB&NH), Marriyum Aurangzeb taking strong exception to the leakage of Hussain Nawaz's picture during investigations by the joint investigation team (JIT) has termed it an unusual happen
Published 05 Jun, 2017 12:00am
Case registered against Nehal Hashmi

Case registered against Nehal Hashmi

Bahadurabad Police has registered an FIR against PML-N Senator Nehal Hashmi, Aaj News reported on Sunday night. The case was registered on the complaint of a policeman. It is relevant to add here that Attorney General Pakistan had written a letter to Sind
Published 05 Jun, 2017 12:00am
Imported fuel power projects: government mulling lifting ban
Exchange

Imported fuel power projects: government mulling lifting ban

The government is considering lifting a ban on imported fuel power projects reportedly to "facilitate" those sponsors who failed to get the go-ahead during the tenure of Younas Dagha as Secretary Water and Power. Well-informed sources told Business Rec
Published 05 Jun, 2017 12:00am
Imported fuel power projects: government mulling lifting ban
Exchange

Imported fuel power projects: government mulling lifting ban

The government is considering lifting a ban on imported fuel power projects reportedly to "facilitate" those sponsors who failed to get the go-ahead during the tenure of Younas Dagha as Secretary Water and Power. Well-informed sources told Business Rec
Published 05 Jun, 2017 12:00am
Imported fuel power projects: government mulling lifting ban
Exchange

Imported fuel power projects: government mulling lifting ban

The government is considering lifting a ban on imported fuel power projects reportedly to "facilitate" those sponsors who failed to get the go-ahead during the tenure of Younas Dagha as Secretary Water and Power. Well-informed sources told Business Rec
Published 05 Jun, 2017 12:00am
Futures spread increases by 37 basis points

Futures spread increases by 37 basis points

The futures spread increased by 37bps to 8.52 percent during the outgoing week ended June 02, 2017. Trading activities on futures counter remained dull as average daily trading volumes decreased by 65.8 percent to 37.11 million shares. The average daily t
Published 05 Jun, 2017 12:00am
Futures spread increases by 37 basis points

Futures spread increases by 37 basis points

The futures spread increased by 37bps to 8.52 percent during the outgoing week ended June 02, 2017. Trading activities on futures counter remained dull as average daily trading volumes decreased by 65.8 percent to 37.11 million shares. The average daily t
Published 05 Jun, 2017 12:00am
Index remains under selling pressure
Exchange

Index remains under selling pressure

Contrary to expectations, Pakistan Stock Exchange (PSE) remained under heavy selling pressure during the week of re-entry in MSCI Emerging Market Index. The benchmark KSE-100 declined by 4081.57 points or 7.8 percent on week-on-week basis and closed at 48
Published 05 Jun, 2017 12:00am
Index remains under selling pressure
Exchange

Index remains under selling pressure

Contrary to expectations, Pakistan Stock Exchange (PSE) remained under heavy selling pressure during the week of re-entry in MSCI Emerging Market Index. The benchmark KSE-100 declined by 4081.57 points or 7.8 percent on week-on-week basis and closed at 48
Published 05 Jun, 2017 12:00am
Index remains under selling pressure
Exchange

Index remains under selling pressure

Contrary to expectations, Pakistan Stock Exchange (PSE) remained under heavy selling pressure during the week of re-entry in MSCI Emerging Market Index. The benchmark KSE-100 declined by 4081.57 points or 7.8 percent on week-on-week basis and closed at 48
Published 05 Jun, 2017 12:00am
Trump targets London mayor

Trump targets London mayor

Donald Trump lashed out Sunday at London's mayor Sadiq Khan, accusing him of downplaying the threat of terrorism a day after knife-wielding men mowed down and stabbed revellers in the British capital. London's mayor swiftly shot down the US president's re
Published 05 Jun, 2017 12:00am
Trump targets London mayor

Trump targets London mayor

Donald Trump lashed out Sunday at London's mayor Sadiq Khan, accusing him of downplaying the threat of terrorism a day after knife-wielding men mowed down and stabbed revellers in the British capital. London's mayor swiftly shot down the US president's re
Published 05 Jun, 2017 12:00am
London attackers kill seven

London attackers kill seven

British Prime Minister Theresa May called on Sunday for a stronger response to Islamist extremism after three attackers rammed a hired van into pedestrians on London Bridge and stabbed others nearby, killing seven people and injuring 48. The attack occurr
Published 05 Jun, 2017 12:00am
London attackers kill seven

London attackers kill seven

British Prime Minister Theresa May called on Sunday for a stronger response to Islamist extremism after three attackers rammed a hired van into pedestrians on London Bridge and stabbed others nearby, killing seven people and injuring 48. The attack occurr
Published 05 Jun, 2017 12:00am
THE RUPEE: firm trend
Exchange

THE RUPEE: firm trend

The rupee managed to hold present levels versus the dollar on the money market during the week, ended on June 3, 2017. The rupee shed paisas versus the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee lost Re one in relation to the euro
Published 05 Jun, 2017 12:00am
THE RUPEE: firm trend
Exchange

THE RUPEE: firm trend

The rupee managed to hold present levels versus the dollar on the money market during the week, ended on June 3, 2017. The rupee shed paisas versus the dollar for buying and selling at Rs 105.90 and Rs 106.10. The rupee lost Re one in relation to the euro
Published 05 Jun, 2017 12:00am
Apple set to expand Siri, taking different route from Amazon's Alexa

Apple set to expand Siri, taking different route from Amazon's Alexa

Apple Inc is expected to announce plans this week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc's competing Alexa service. But the Cupertino, Californi
Published 05 Jun, 2017 12:00am
Egypt aims to cut fuel imports to 10 percent of consumption by 2019

Egypt aims to cut fuel imports to 10 percent of consumption by 2019

Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about 10 percent of total consumption from 30 percent currently, media quoted Oil Minister Tarek El Molla as saying. Once an energy exporter, Egypt
Published 05 Jun, 2017 12:00am
Egypt's foreign reserves rise to $31.126 billion

Egypt's foreign reserves rise to $31.126 billion

Egypt's foreign reserves jumped to $31.126 billion at the end of May from $28.641 billion at the end of April, boosted by last month's Eurobond sale, the central bank said on Sunday. Egypt, which has been struggling to revive its economy since a 2011 upri
Published 05 Jun, 2017 12:00am
Saudi Arabia raises July crude prices to Asia

Saudi Arabia raises July crude prices to Asia

Saudi Arabia has raised its official selling prices (OSPs) for all its crude oil grades sold to Asia in July, in line with market expectations, after OPEC and non-OPEC producers agreed to extend supply cuts last month. State oil giant Saudi Aramco said on
Published 05 Jun, 2017 12:00am
Blockchain seen as tool in food safety

Blockchain seen as tool in food safety

The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table. Working with IBM, retail giant Wal-Mart Stores is testing the technology syst
Published 05 Jun, 2017 12:00am
South Korea plans energy U-turn away from coal, nuclear

South Korea plans energy U-turn away from coal, nuclear

A proposed energy U-turn by South Korea's new government would put the environment at the centre of energy policy, shifting one of the world's staunchest supporters of coal and nuclear power towards natural gas and renewables. If implemented, the ambitiou
Published 05 Jun, 2017 12:00am
Bangladesh seizes half tonne of gold from top jeweller

Bangladesh seizes half tonne of gold from top jeweller

Bangladeshi authorities have confiscated half a tonne of gold from a top jeweller, officials said Sunday, amid a crackdown on a booming smuggling trade. Customs officials raided five outlets of Apan Jewellers over several days last month and seized around
Published 05 Jun, 2017 12:00am
Audi CEO may not stay until end 2022 due to board pact

Audi CEO may not stay until end 2022 due to board pact

Embattled Audi Chief Executive Rupert Stadler only got a five-year contract extension last month because of an agreement among supervisory board members that he would not serve out his full term, two sources close to the company's supervisory board told R
Published 05 Jun, 2017 12:00am
Deutsche Bank's Baenziger not in bonus clawback talks

Deutsche Bank's Baenziger not in bonus clawback talks

Deutsche Bank is not in advanced talks over frozen bonus payments, former board member Hugo Baenziger told Frankfurter Allgemeine Sonntagszeitung. Baenziger's remarks run counter to comments made by the bank's current chairman Paul Achleitner who said the
Published 05 Jun, 2017 12:00am
Tunisia Prime Minister warns no one safe in anti-graft 'war'

Tunisia Prime Minister warns no one safe in anti-graft 'war'

Tunisian Prime Minister Youssef Chahed was reported on Sunday as saying no one in the North African country involved in corruption would emerge unscathed in his government's "war" on graft. Corruption was widespread in Tunisia under longtime president Zin
Published 05 Jun, 2017 12:00am
The Weather

The Weather

The weather report on Sunday (June 04, 2017) and the forecast for Monday (June 05, 2017).

Published 05 Jun, 2017 12:00am
Your rupee last week
Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (May 29 to June 02, 2017).

Published 05 Jun, 2017 12:00am
Financial aspects of our transmission line project

Financial aspects of our transmission line project

Today marks a significant achievement for STDC, witnessing the exceptional hard work and dedication of our colleagues towards achieving our set goals. Our deep appreciation to the clients, vendors and investors for their continuous help and support.
Published 05 Jun, 2017 12:00am
CEO STDC: An Interview

CEO STDC: An Interview

Tell us something about your credentials?I graduated back in 1984 from Mehran University of Engineering & Technology and started serving K-Electric, then KESC and during my stay in K-Electric I served many areas, viz. Meter Test Department, 11 KV o
Published 05 Jun, 2017 12:00am
STDC remains committed to safety protocols

STDC remains committed to safety protocols

The energy sector of Pakistan is facing the problem of load shedding since long. Reliable and un-interruptible power to all the electricity consumers is indispensable for the fast-track progress of the country.
Published 05 Jun, 2017 12:00am
Message from Chief Executive Officer, STDC

Message from Chief Executive Officer, STDC

I'm pleased to extend my warmest admirations to the whole team of STDC for taking this project towards successful completion with the explicit show of hard work and dedication. Our team is one of the dreamers, who have the technical skills in project mana
Published 05 Jun, 2017 12:00am
Message from Secretary (Energy) Government of Sindh

Message from Secretary (Energy) Government of Sindh

It is a delight to witness the inauguration of the first ever transmission line project of Sindh Transmission and Dispatch Company Pvt Ltd (STDC) by any province in Pakistan. It is a proud moment for the Energy department, Government of Sindh and STDC man
Published 05 Jun, 2017 12:00am
Message from Chief Secretary Sindh
Exchange

Message from Chief Secretary Sindh

In pursuance of the national development goals, the government of Sindh is giving highest priority to the energy sector. Realizing this in 2013, a new department ie Energy was created by the provincial government to serve as a pivot point for all activiti
Published 05 Jun, 2017 12:00am
Message from Chief Minister Sindh

Message from Chief Minister Sindh

It gives me immense pleasure witness the newly established STDC Sindh Transmission and Dispatch Company Pvt Ltd for achieving successful completion of first ever provincial 132KV double circuit transmission line from Sindh Nooriabad Power Company Ltd to K
Published 05 Jun, 2017 12:00am
West Indies rout Afghans in T20 series

West Indies rout Afghans in T20 series

Another abject batting display by Afghanistan paved the way for the West Indies to complete a series-clinching 29-run win on the Duckworth Lewis System (DLS) in the rain-affected second fixture of the three-match T20 International series at Warner Park in
Published 05 Jun, 2017 12:00am
Terror in Turin as stampede leaves 1,500 injured

Terror in Turin as stampede leaves 1,500 injured

More than 1,500 people were injured, three seriously, after a bomb scare triggered a stampede among Juventus fans watching the Champions League final in Turin, local authorities said Sunday. In an update on Saturday's dramatic events in a square packed wi
Published 05 Jun, 2017 12:00am
Terror in Turin as stampede leaves 1,500 injured

Terror in Turin as stampede leaves 1,500 injured

More than 1,500 people were injured, three seriously, after a bomb scare triggered a stampede among Juventus fans watching the Champions League final in Turin, local authorities said Sunday. In an update on Saturday's dramatic events in a square packed wi
Published 05 Jun, 2017 12:00am
Two-goal Ronaldo keeps Madrid kings of Europe

Two-goal Ronaldo keeps Madrid kings of Europe

Cristiano Ronaldo scored twice as Real Madrid crushed Juventus 4-1 in Cardiff on Saturday to become the first team to retain the European Cup in the Champions League era. The Portugal superstar's opener was cancelled out by an astonishing Mario Mandzukic
Published 05 Jun, 2017 12:00am
England call up Finn as Woakes replacement

England call up Finn as Woakes replacement

Steven Finn will replaced injured fellow paceman Chris Woakes in England's Champions Trophy squad, the International Cricket Council confirmed Sunday. Woakes was ruled out of the rest of the 50-over tournament, which features the world's top eight one-day
Published 05 Jun, 2017 12:00am
Diligence key in light of attack, says Aussie captain

Diligence key in light of attack, says Aussie captain

Australia's cricketers have been told to be extra attentive by captain Steve Smith in the wake of the attack in London that left seven dead and dozens injured late on Saturday. Australia are due to play Bangladesh - a country where they postponed a Test s
Published 05 Jun, 2017 12:00am
Boxing: Stevenson stops Fonfara in second round

Boxing: Stevenson stops Fonfara in second round

Canadian champion Adonis Stevenson stopped challenger Andrzej Fonfara 28 seconds into the second round to retain his World Boxing Council world title on Saturday. "I was very focused on him. I took my time and finished the job," said Stevenson. The 39-yea
Published 05 Jun, 2017 12:00am
US earn 1-1 draw with Venezuela

US earn 1-1 draw with Venezuela

Christian Pulisic scored the equalizer in the 61st minute as the United States rallied to earn a 1-1 draw with Venezuela in a football World Cup qualifying tune-up game Saturday night. Jose Manuel opened the scoring for Venezuela in the 29th minute in fro
Published 05 Jun, 2017 12:00am
Australian McDermott applies for India coach job

Australian McDermott applies for India coach job

Former Australia fast bowler Craig McDermott has applied for the post of India head coach, which will become vacant after the ongoing Champions Trophy campaign. The Indian cricket board (BCCI) advertised the post last month, while maintaining that incumbe
Published 05 Jun, 2017 12:00am
Bacsinszky downs Venus

Bacsinszky downs Venus

Switzerland's Timea Bacsinszky qualified for her third successive French Open quarter-final with a 5-7, 6-2, 6-1 win over 2002 runner-up Venus Williams on Sunday. The 30th seed will take on France's Kristina Mladenovic, conqueror of defending champion Gar
Published 05 Jun, 2017 12:00am
King of errors Raonic stumbles out

King of errors Raonic stumbles out

Fifth seed Milos Raonic had only himself to blame after he was dumped out of the French Open fourth round by claycourt specialist Pablo Carreno Busta 4-6 7-6(2) 6-7(6) 6-4 8-6 on Sunday, with the Canadian committing a staggering 84 unforced errors. The wo
Published 05 Jun, 2017 12:00am
Ballroom teen queen Ostapenko in French Open quarters

Ballroom teen queen Ostapenko in French Open quarters

Latvian teenager Jelena Ostapenko reached her first Grand Slam quarter-final on Sunday with a 2-6, 6-2, 6-4 win over 2010 runner-up Samantha Stosur. Ostapenko, 19, who uses ballroom dancing as part of her training regime, hit 46 winners past the 23rd-seed
Published 05 Jun, 2017 12:00am
Nadal motors into quarters, champion Muguruza exits

Nadal motors into quarters, champion Muguruza exits

Nine-time champion Rafael Nadal surged into the French Open quarter-finals for a record-equalling 11th time on Sunday, while reigning women's title-holder Garbine Muguruza crashed out in the last 16. Nadal continued his ruthless form at Roland Garros by d
Published 05 Jun, 2017 12:00am
Pregnancy after breast cancer doesn't raise recurrence risk

Pregnancy after breast cancer doesn't raise recurrence risk

Women who have had breast cancer often forego pregnancy for fear that it will increase the chances of their cancer coming back. But a study of more than 1,200 women, presented on Saturday at the American Society of Clinical Oncology (ASCO) meeting in Chic
Published 05 Jun, 2017 12:00am
US climate pact pullout could add 0.3 degrees of warming: UN

US climate pact pullout could add 0.3 degrees of warming: UN

The US withdrawal from the Paris climate pact could "in a worst case scenario" add a 0.3 degree Celsius rise in global temperatures over the 21st century, the UN said on Friday. The head of the World Meteorological Organization's atmospheric research and
Published 05 Jun, 2017 12:00am
The dementia timebomb: Ageing Japan faces healthcare crisis

The dementia timebomb: Ageing Japan faces healthcare crisis

Kanemasa Ito compares caring for his wife Kimiko to waging a daily war with the devil. The woman he loved has all but disappeared - lost to dementia, she can no longer eat, bathe, or go to the toilet alone. "There is a demon inside her head," Ito told AFP
Published 05 Jun, 2017 12:00am
Tobacco kills seven million a year: WHO

Tobacco kills seven million a year: WHO

Smoking and other tobacco use kills more than seven million people each year, the World Health Organization said on Tuesday, also warning of the dire environmental impact of tobacco production, distribution and waste. The UN agency said tougher measures w
Published 05 Jun, 2017 12:00am
Cities may be 8 degrees Celsius hotter by 2100

Cities may be 8 degrees Celsius hotter by 2100

Under a dual onslaught of global warming and localised, urban heating, some of the world's cities may be as much as eight degrees Celsius (14.4 degrees Fahrenheit) warmer by 2100, researchers warned Monday. Such a temperature spike can have dire consequen
Published 05 Jun, 2017 12:00am
Healthy arteries rare but not impossible for elderly

Healthy arteries rare but not impossible for elderly

Some people who avoid risk factors for heart disease like obesity and diabetes may be able to maintain the blood vessels of a healthy 29-year-old well into old age, a U.S. study suggests. Researchers examined data on 3,196 adults age 50 and older to see h
Published 05 Jun, 2017 12:00am
Great Barrier Reef bleaching worse than first thought

Great Barrier Reef bleaching worse than first thought

Coral bleaching on Australia's Great Barrier Reef is worse than first thought and the impact will accelerate unless global greenhouse gas emissions are cut, scientists said on Monday. The 2,300-kilometre (1,400-mile) World Heritage-listed reef suffered it
Published 05 Jun, 2017 12:00am
Previous Day