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Print - 2017-07-21
PTI MNA may join PML-N

PTI MNA may join PML-N

Pakistan Tehreek-e-Insaf (PTI) leader and member of national assembly, Ali Mohammad Khan, may join Pakistan Muslim League-Nawaz. According to the post shared on social media, PTI Member National Assembly (MNA), Ali Mohammad Khan, arranged a meeting with f
Published 21 Jul, 2017 12:00am
PTI leader urges NA to get ready for electing new PM

PTI leader urges NA to get ready for electing new PM

Foreseeing imminent disqualification of Prime Minister Nawaz Sharif for ten years and his children's imprisonment for 14 years in Panama Papers case, Pakistan Tehreek-e-Insaf (PTI) called upon the National Assembly to get ready for electing a new prime mi
Published 21 Jul, 2017 12:00am
'Kashmiris will soon achieve their freedom'

'Kashmiris will soon achieve their freedom'

JI Secretary General Liaqat Baloch has said that Kashmir was an integral part of Pakistan and the Kashmiris would soon achieve their freedom and right of self determination. He was talking to a delegation of the Ulema and the Jammu and Kashmir Muslim Conf
Published 21 Jul, 2017 12:00am
PS-114 by-election: ECP disposes of MQM-P's plea for recount

PS-114 by-election: ECP disposes of MQM-P's plea for recount

The Election Commission of Pakistan (ECP) Thursday disposed of a petition of Muttahida Qaumi Movement-Pakistan challenging the victory of PPP candidate Saeed Ghani in PS-114 by-election. The by-election in Sindh Assembly constituency, PS-114, was held on
Published 21 Jul, 2017 12:00am
Indian DHC summoned over ceasefire violations

Indian DHC summoned over ceasefire violations

The Director General (SA&SAARC) summoned the Indian Deputy High Commissioner on Thursday, and condemned the unprovoked ceasefire violations by the Indian occupation forces in Nikial and Nezapir Sectors on July 19, resulting in Shahadat of two civilians, o
Published 21 Jul, 2017 12:00am
There is a long charge sheet against Nawaz: Sharjeel Memon

There is a long charge sheet against Nawaz: Sharjeel Memon

Leader of PPP and former Information Minister Sindh has said that Prime Minister Nawaz Sharif is reaping what he had sowed. Talking to media at the Accountability Court here in a case pertaining to corruption of over Rs 5 billion related to advertisement
Published 21 Jul, 2017 12:00am
NA body passes resolution to rename Islamabad airport

NA body passes resolution to rename Islamabad airport

The National Assembly Standing Committee on Rules of Procedure and Privileges unanimously passed a resolution to give the name of new Islamabad airport as 'Quaid-e-Azam International Airport.' The committee met with Muhammad Junaid Anwar Chaudhry in the c
Published 21 Jul, 2017 12:00am
PAC irked over performance of senior officials of ministry

PAC irked over performance of senior officials of ministry

The Public Accounts Committee (PAC) Thursday expressed displeasure over the senior officials of Ministry of Information Technology for their inability to rein in corrupt elements. A meeting of the subcommittee of the PAC held here under the chairmanship o
Published 21 Jul, 2017 12:00am
Prime Minister's rhetoric and his political career

Prime Minister's rhetoric and his political career

Prime minister Nawaz Sharif is said to have remarked that he would not step down as all those who have been rejected by the nation are asking him to tender his resignation. Addressing the Sialkot Chamber of Commerce and Industry the other day, the premier
Published 21 Jul, 2017 12:00am
Goldman's rotten trading quarter is a familiar smell on Wall Street

Goldman's rotten trading quarter is a familiar smell on Wall Street

Big Wall Street banks have spent billions of dollars and untold man-hours in recent years transforming their trading desks from hedge-fund like operations trading on their own account into market-making businesses offering a price based on what customers
Published 21 Jul, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (July 20, 2017) and the forecast for Friday (July 21, 2017).

Published 21 Jul, 2017 12:00am
The Al Capone formula?

The Al Capone formula?

This week the Panama case entered its last, and possibly decisive round. On May 16, 2016, the PM had unequivocally stated in the National Assembly (NA) that a complete record of all his sources of income and assets was available; these have neither been p
Updated 21 Jul, 2017 11:29am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
Myths busted

Myths busted

The myth that no proceedings can be taken against a sitting Prime Minister for alleged financial crimes and that he is above law has been busted in the Panama case, still sub judice in the highest court of the land. The outcome may be against or in favour
Updated 21 Jul, 2017 11:51am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
India-China tensions

India-China tensions

China has briefed foreign diplomats in Beijing, particularly the representatives of the five permanent members of the UN Security Council, that its troops have been waiting patiently at the Doklam plateau on the border between China and Bhutan in a stando
Published 21 Jul, 2017 12:00am
The export slide
Cotton

The export slide

The Economic Co-ordination Committee (ECC) of the Cabinet, the highest economic decision-making body in the country, under the chairmanship of Finance Minister Ishaq Dar approved export of 300,000 tons of sugar, half of the 600,000 tons recommended by the
Published 21 Jul, 2017 12:00am
US to deploy officials in Qatar in counter-terrorism accord

US to deploy officials in Qatar in counter-terrorism accord

The United States will post officials at the Qatari state prosecutor's office as part of a Qatari-US agreement signed this month to fight the financing of terrorism, people familiar with the matter said. U.S. Secretary of State Rex Tillerson reached the d
Published 21 Jul, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
US to deploy officials in Qatar in counter-terrorism accord

US to deploy officials in Qatar in counter-terrorism accord

The United States will post officials at the Qatari state prosecutor's office as part of a Qatari-US agreement signed this month to fight the financing of terrorism, people familiar with the matter said. U.S. Secretary of State Rex Tillerson reached the d
Published 21 Jul, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 20, 2017)

Published 21 Jul, 2017 12:00am
Pemra bill deferred

Pemra bill deferred

The Standing Committee on Information, Broadcasting and National Heritage on Thursday deferred 'The Pemra (Amendment) Bill, 2017' till its next meeting. The committee met in the Parliament House under the chairmanship of Pir Muhammad Aslam Bodla. The chai
Published 21 Jul, 2017 12:00am
Pemra bill deferred

Pemra bill deferred

The Standing Committee on Information, Broadcasting and National Heritage on Thursday deferred 'The Pemra (Amendment) Bill, 2017' till its next meeting. The committee met in the Parliament House under the chairmanship of Pir Muhammad Aslam Bodla. The chai
Published 21 Jul, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
PML-N leaders link PM's ordeal to CPEC

PML-N leaders link PM's ordeal to CPEC

Pakistan Muslim League-Nawaz (PML-N) government has alleged that opposition is taking advantage of the Panama Papers case while twisting facts. Talking to media persons outside the Supreme Court building on Thursday, State Minister for Information and Bro
Published 21 Jul, 2017 12:00am
PML-N leaders link PM's ordeal to CPEC

PML-N leaders link PM's ordeal to CPEC

Pakistan Muslim League-Nawaz (PML-N) government has alleged that opposition is taking advantage of the Panama Papers case while twisting facts. Talking to media persons outside the Supreme Court building on Thursday, State Minister for Information and Bro
Published 21 Jul, 2017 12:00am
Low-caste leader elected president in India

Low-caste leader elected president in India

Ram Nath Kovind, a low-caste politician backed by the ruling Hindu nationalist-led coalition, easily won India's presidential election on Thursday, tightening the government's hold on positions of power. India's constitution provides a largely ceremonial
Published 21 Jul, 2017 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Declining trend persisted on the money market on Thursday in the process of trading, dealers said. The rupee lost 10 paisas against the dollar for buying and selling at Rs 105.33 and Rs 105.35, dealers said.
Published 21 Jul, 2017 12:00am
Low-caste leader elected president in India

Low-caste leader elected president in India

Ram Nath Kovind, a low-caste politician backed by the ruling Hindu nationalist-led coalition, easily won India's presidential election on Thursday, tightening the government's hold on positions of power. India's constitution provides a largely ceremonial
Published 21 Jul, 2017 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

Declining trend persisted on the money market on Thursday in the process of trading, dealers said. The rupee lost 10 paisas against the dollar for buying and selling at Rs 105.33 and Rs 105.35, dealers said.
Published 21 Jul, 2017 12:00am
Kuwait expels Iranian diplomats over 'terror' cell

Kuwait expels Iranian diplomats over 'terror' cell

Kuwait on Thursday expelled Iranian diplomats and closed some embassy missions after the emirate's top court convicted a "terror" cell of links to the Islamic republic, the foreign ministry said. Sunni-ruled Kuwait, which has a sizeable Shia minority, is
Published 21 Jul, 2017 12:00am
Kuwait expels Iranian diplomats over 'terror' cell

Kuwait expels Iranian diplomats over 'terror' cell

Kuwait on Thursday expelled Iranian diplomats and closed some embassy missions after the emirate's top court convicted a "terror" cell of links to the Islamic republic, the foreign ministry said. Sunni-ruled Kuwait, which has a sizeable Shia minority, is
Published 21 Jul, 2017 12:00am
AFD to provide euro 165 million for energy sector development

AFD to provide euro 165 million for energy sector development

Pakistan and French Agency for Development (AFD) Thursday signed Euro 165 million soft loan agreements to improve energy sector. The agreements were signed by Secretary, Economic Affairs Division (EAD), Shahid Mahmood, Ambassador of France, Martine Doranc
Published 21 Jul, 2017 12:00am
AFD to provide euro 165 million for energy sector development

AFD to provide euro 165 million for energy sector development

Pakistan and French Agency for Development (AFD) Thursday signed Euro 165 million soft loan agreements to improve energy sector. The agreements were signed by Secretary, Economic Affairs Division (EAD), Shahid Mahmood, Ambassador of France, Martine Doranc
Published 21 Jul, 2017 12:00am
AFD to provide euro 165 million for energy sector development

AFD to provide euro 165 million for energy sector development

Pakistan and French Agency for Development (AFD) Thursday signed Euro 165 million soft loan agreements to improve energy sector. The agreements were signed by Secretary, Economic Affairs Division (EAD), Shahid Mahmood, Ambassador of France, Martine Doranc
Published 21 Jul, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (July 20, 2017).

Published 21 Jul, 2017 12:00am
People won't come out if Nawaz disqualified: Imran

People won't come out if Nawaz disqualified: Imran

Nawaz Sharif should not be under any misconception that people will come out for him on the streets if he is disqualified from Supreme Court in the ongoing Panama Papers case. Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said this here on Thursday w
Published 21 Jul, 2017 12:00am
People won't come out if Nawaz disqualified: Imran

People won't come out if Nawaz disqualified: Imran

Nawaz Sharif should not be under any misconception that people will come out for him on the streets if he is disqualified from Supreme Court in the ongoing Panama Papers case. Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said this here on Thursday w
Published 21 Jul, 2017 12:00am
Saudi prince 'arrested over leaked abuse videos'

Saudi prince 'arrested over leaked abuse videos'

A Saudi prince was arrested Thursday on King Salman's order, a state-run broadcaster reported, as outrage grew on social media over videos appearing to show him abusing members of the public. Salman issued a warrant for "the immediate arrest and imprisonm
Published 21 Jul, 2017 12:00am
Saudi prince 'arrested over leaked abuse videos'

Saudi prince 'arrested over leaked abuse videos'

A Saudi prince was arrested Thursday on King Salman's order, a state-run broadcaster reported, as outrage grew on social media over videos appearing to show him abusing members of the public. Salman issued a warrant for "the immediate arrest and imprisonm
Published 21 Jul, 2017 12:00am
Country''s reserves decline to $21 billion mark
Exchange

Country''s reserves decline to $21 billion mark

The country''s foreign exchange reserves continued downward trend and reached below $21 billion mark in the end of the last week. According to State Bank of Pakistan''s (SBP) weekly foreign exchange reserves report issued on Thursday, the country''s total
Published 21 Jul, 2017 12:00am
Country's reserves decline to $21 billion mark
Exchange

Country's reserves decline to $21 billion mark

The country's foreign exchange reserves continued downward trend and reached below $21 billion mark in the end of the last week. According to State Bank of Pakistan's (SBP) weekly foreign exchange reserves report issued on Thursday, the country's total li
Published 21 Jul, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Jul, 2017 12:00am
Country's reserves decline to $21 billion mark
Exchange

Country's reserves decline to $21 billion mark

The country's foreign exchange reserves continued downward trend and reached below $21 billion mark in the end of the last week. According to State Bank of Pakistan's (SBP) weekly foreign exchange reserves report issued on Thursday, the country's total li
Published 21 Jul, 2017 12:00am
Saudi Arabia sets up state security agency

Saudi Arabia sets up state security agency

Saudi Arabia's King Salman issued a decree Thursday setting up a new security agency for the oil-rich kingdom which will be overseen by him directly, the SPA news agency said. The new agency, which will be headed by intelligence chief General Abdel Aziz b
Published 21 Jul, 2017 12:00am
Tanzanian leader urges Burundian exiles to go home

Tanzanian leader urges Burundian exiles to go home

Tanzanian President John Magufuli on Thursday called on Burundians who have fled their country to return home, after talks with President Pierre Nkurunziza who was making his first foreign trip in more than two years. The visit - kept secret up to the las
Published 21 Jul, 2017 12:00am
Thai 'Red Shirt' leader jailed for defamation ahead of polls

Thai 'Red Shirt' leader jailed for defamation ahead of polls

A leader of Thailand's 'Red Shirt' movement was jailed Thursday for defaming an ex-prime minister, sidelining a key voice of dissent against the ruling junta ahead of polls expected in 2018. Thailand's Supreme Court sentenced Jatuporn Prompan over a 2009
Published 21 Jul, 2017 12:00am
France lifts ban on embalming HIV deceased

France lifts ban on embalming HIV deceased

France on Thursday lifted a ban on embalming the bodies of HIV-positive people, ending three decades of discrimination in death against people infected with the AIDS virus. Since 1986, the process of embalming bodies to delay their decomposition - a custo
Published 21 Jul, 2017 12:00am
Fiscal accounts: IMF/World Bank to assist in improving compilation

Fiscal accounts: IMF/World Bank to assist in improving compilation

The International Monetary Fund/World Bank will provide technical assistance to improve/strengthen compilation of fiscal accounts to Pakistan and the government has given its assurance that it would adopt government finance management manual GFSM (2001) o
Published 21 Jul, 2017 12:00am
Fiscal accounts: IMF/World Bank to assist in improving compilation

Fiscal accounts: IMF/World Bank to assist in improving compilation

The International Monetary Fund/World Bank will provide technical assistance to improve/strengthen compilation of fiscal accounts to Pakistan and the government has given its assurance that it would adopt government finance management manual GFSM (2001) o
Published 21 Jul, 2017 12:00am
Fiscal accounts: IMF/World Bank to assist in improving compilation

Fiscal accounts: IMF/World Bank to assist in improving compilation

The International Monetary Fund/World Bank will provide technical assistance to improve/strengthen compilation of fiscal accounts to Pakistan and the government has given its assurance that it would adopt government finance management manual GFSM (2001) o
Published 21 Jul, 2017 12:00am
BoD finalises valuation of PSM land

BoD finalises valuation of PSM land

Pakistan Steel Mills (PSM) Board of Directors (BoD) on Thursday finalised valuation of 1,500 acres of land at Rs 14 million per acre for establishment of Special Economic Zone (SEZ) near PSM under the aegis of China Pakistan Economic Corridor (CPEC). Howe
Published 21 Jul, 2017 12:00am
BoD finalises valuation of PSM land

BoD finalises valuation of PSM land

Pakistan Steel Mills (PSM) Board of Directors (BoD) on Thursday finalised valuation of 1,500 acres of land at Rs 14 million per acre for establishment of Special Economic Zone (SEZ) near PSM under the aegis of China Pakistan Economic Corridor (CPEC). Howe
Published 21 Jul, 2017 12:00am
BoD finalises valuation of PSM land

BoD finalises valuation of PSM land

Pakistan Steel Mills (PSM) Board of Directors (BoD) on Thursday finalised valuation of 1,500 acres of land at Rs 14 million per acre for establishment of Special Economic Zone (SEZ) near PSM under the aegis of China Pakistan Economic Corridor (CPEC). Howe
Published 21 Jul, 2017 12:00am
US, European police say ''''dark web'''' markets shut down

US, European police say ''''dark web'''' markets shut down

US and European police on Thursday announced the shutdown of two huge "dark web" marketplaces that allowed the anonymous online trade of druggs, hacking software and guns US Attorney General Jeff Sessions said underground websites AlphaBay and Hansa had t
Published 21 Jul, 2017 12:00am
US, European police say ''dark web'' markets shut down

US, European police say ''dark web'' markets shut down

US and European police on Thursday announced the shutdown of two huge "dark web" marketplaces that allowed the anonymous online trade of druggs, hacking software and guns US Attorney General Jeff Sessions said underground websites AlphaBay and Hansa had t
Published 21 Jul, 2017 12:00am
US, European police say 'dark web' markets shut down

US, European police say 'dark web' markets shut down

US and European police on Thursday announced the shutdown of two huge "dark web" marketplaces that allowed the anonymous online trade of druggs, hacking software and guns US Attorney General Jeff Sessions said underground websites AlphaBay and Hansa had t
Published 21 Jul, 2017 12:00am
US, European police say 'dark web' markets shut down

US, European police say 'dark web' markets shut down

US and European police on Thursday announced the shutdown of two huge "dark web" marketplaces that allowed the anonymous online trade of druggs, hacking software and guns US Attorney General Jeff Sessions said underground websites AlphaBay and Hansa had t
Published 21 Jul, 2017 12:00am
ECB leaves ultra easy monetary policy unchanged despite better growth

ECB leaves ultra easy monetary policy unchanged despite better growth

The European Central Bank left its ultra easy monetary policy unchanged on Thursday and did not even discuss clawing back stimulus, suggesting it may delay an inevitable decision on tapering bond buys until the latest possible moment. Maintaining a pledge
Published 21 Jul, 2017 12:00am
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