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May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-02
Fishing season starts but offers low return on catch

Fishing season starts but offers low return on catch

The morning drizzle added to the joys of fishermen celebrating the start of new fishing season at the fish harbour on Tuesday, as hundreds of boats sailed into the sea for a hunt. Like every year, the overcast horizons welcomed the fishing season to begin
Published 02 Aug, 2017 12:00am
SU reopens after summer vacations

SU reopens after summer vacations

Life restored to SU main campus as one witnessed a huge number of enthusiastic students keenly walking their way uphill from Allama I I Kazi intersection to get to their respective classes across various academic departments. The timely reporting of class
Published 02 Aug, 2017 12:00am
Jhagra exhorts youth to acquire technical training

Jhagra exhorts youth to acquire technical training

Khyber Pakhtunkhwa Governor Engr. Iqbal Zafar Jhagra has said that youth proved to be the precious asset for any nation if they would be utilized properly by equipping them with technical and vocational training and skills.
Published 02 Aug, 2017 12:00am
Sales tax on motor spirit up three percent

Sales tax on motor spirit up three percent

The Federal Board of Revenue (FBR) has increased sales tax on motor spirit from 20.5 percent, to 23.5 percent, showing an increase of 3 percent from August 1, 2017. According to the SRO.731(I)/2017 issued here on Tuesday, , the FBR has increased sales tax
Published 02 Aug, 2017 12:00am
US, North Korea to ease tensions, not China: diplomat

US, North Korea to ease tensions, not China: diplomat

China hit back at the United States over North Korea on Monday with its ambassador to the United Nations saying Washington and Pyongyang bore primary responsibility for easing tensions, not Beijing. "No matter how capable China is, China's efforts will no
Published 02 Aug, 2017 12:00am
Fighting tax evasion will be priority, says new PM
Exchange

Fighting tax evasion will be priority, says new PM

The National Assembly on Tuesday elected Shahid Khaqan Abbasi, Pakistan Muslim League-Nawaz (PML-N) nominee, as the Leader of the House amid an uproar and exchange of harsh words between the members of treasury and opposition benches. Speaker National Ass
Published 02 Aug, 2017 12:00am
Fighting tax evasion will be priority, says new PM
Exchange

Fighting tax evasion will be priority, says new PM

The National Assembly on Tuesday elected Shahid Khaqan Abbasi, Pakistan Muslim League-Nawaz (PML-N) nominee, as the Leader of the House amid an uproar and exchange of harsh words between the members of treasury and opposition benches. Speaker National Ass
Published 02 Aug, 2017 12:00am
Khaqan administered oath

Khaqan administered oath

Newly-elected premier Shahid Khaqan Abbasi took oath of office of prime minister on Tuesday. President Mamnoon Hussain administered oath to him. He secured 221 out of 339 votes. Urdu was the language of the entire ceremony. Speaker National Assembly, gove
Published 02 Aug, 2017 12:00am
Khaqan administered oath

Khaqan administered oath

Newly-elected premier Shahid Khaqan Abbasi took oath of office of prime minister on Tuesday. President Mamnoon Hussain administered oath to him. He secured 221 out of 339 votes. Urdu was the language of the entire ceremony. Speaker National Assembly, gove
Published 02 Aug, 2017 12:00am
Opposition remains divided

Opposition remains divided

As expected, the opposition political parties remained divided on Tuesday as majority of them fielded their own candidates while Muttahida Qaumi Movement-Pakistan (MQM-P) sided with treasury in election for Prime Minister Shahid Khaqan Abbasi.
Published 02 Aug, 2017 12:00am
Opposition remains divided

Opposition remains divided

As expected, the opposition political parties remained divided on Tuesday as majority of them fielded their own candidates while Muttahida Qaumi Movement-Pakistan (MQM-P) sided with treasury in election for Prime Minister Shahid Khaqan Abbasi.
Published 02 Aug, 2017 12:00am
Law doesn't provide grounds to disqualify Imran: SC

Law doesn't provide grounds to disqualify Imran: SC

Resuming the hearing on a plea seeking Imran Khan's disqualification from the Parliament under the Political Parties Order-2002 for collecting funds through prohibited sources, Supreme Court on Tuesday observed the law doesn't provide grounds to disqualif
Published 02 Aug, 2017 12:00am
Law doesn't provide grounds to disqualify Imran: SC

Law doesn't provide grounds to disqualify Imran: SC

Resuming the hearing on a plea seeking Imran Khan's disqualification from the Parliament under the Political Parties Order-2002 for collecting funds through prohibited sources, Supreme Court on Tuesday observed the law doesn't provide grounds to disqualif
Published 02 Aug, 2017 12:00am
Clarification by SC

Clarification by SC

It is being insinuated in some sections of the social, print and electronic media that in a recent interview with a television channel Imran Khan, Chairman, Pakistan Tehreek-e-Insaf had stated that he had been requested by Justice Asif Saeed Khan Khosa, J
Published 02 Aug, 2017 12:00am
Clarification by SC

Clarification by SC

It is being insinuated in some sections of the social, print and electronic media that in a recent interview with a television channel Imran Khan, Chairman, Pakistan Tehreek-e-Insaf had stated that he had been requested by Justice Asif Saeed Khan Khosa, J
Published 02 Aug, 2017 12:00am
Bullish trend continues
Exchange

Bullish trend continues

Bullish trend continued on Pakistan Stock Exchange and the benchmark KSE-100 index increased by 522.98 points to close at 46,533.43 points on Tuesday. The market opened on strong positive note and the index hit 46,623.91 points intra-day high level, howev
Published 02 Aug, 2017 12:00am
Bullish trend continues
Exchange

Bullish trend continues

Bullish trend continued on Pakistan Stock Exchange and the benchmark KSE-100 index increased by 522.98 points to close at 46,533.43 points on Tuesday. The market opened on strong positive note and the index hit 46,623.91 points intra-day high level, howev
Published 02 Aug, 2017 12:00am
Bullish trend continues
Exchange

Bullish trend continues

Bullish trend continued on Pakistan Stock Exchange and the benchmark KSE-100 index increased by 522.98 points to close at 46,533.43 points on Tuesday. The market opened on strong positive note and the index hit 46,623.91 points intra-day high level, howev
Published 02 Aug, 2017 12:00am
BRIndex30 gains 634.79 points

BRIndex30 gains 634.79 points

On Tuesday, BRIndex30 opened at 24,659.55 points. It touched an intraday high of 25,311.32 points and an intraday low of 24,658.94 points and closed at 25,294.34 points which was 634.79 points or 2.57 percent higher than previous close. Total volume was 1
Published 02 Aug, 2017 12:00am
BRIndex30 gains 634.79 points

BRIndex30 gains 634.79 points

On Tuesday, BRIndex30 opened at 24,659.55 points. It touched an intraday high of 25,311.32 points and an intraday low of 24,658.94 points and closed at 25,294.34 points which was 634.79 points or 2.57 percent higher than previous close. Total volume was 1
Published 02 Aug, 2017 12:00am
Eurozone recovery on track as growth rises

Eurozone recovery on track as growth rises

Growth in the eurozone accelerated slightly in the second quarter of 2017 as Europe's tentative economic recovery remained on track, official EU data showed on Tuesday. The economy in the 19-country single currency area grew by 0.6 percent in the three mo
Published 02 Aug, 2017 12:00am
Eurozone recovery on track as growth rises

Eurozone recovery on track as growth rises

Growth in the eurozone accelerated slightly in the second quarter of 2017 as Europe's tentative economic recovery remained on track, official EU data showed on Tuesday. The economy in the 19-country single currency area grew by 0.6 percent in the three mo
Published 02 Aug, 2017 12:00am
Eurozone recovery on track as growth rises

Eurozone recovery on track as growth rises

Growth in the eurozone accelerated slightly in the second quarter of 2017 as Europe''s tentative economic recovery remained on track, official EU data showed on Tuesday. The economy in the 19-country single currency area grew by 0.6 percent in the three m
Published 02 Aug, 2017 12:00am
Bank of England staff strike for first time in 50 years

Bank of England staff strike for first time in 50 years

Staff at the Bank of England began a three-day strike Tuesday, the first at Britain's central bank in more than 50 years, as part of a dispute over pay. Employees from the maintenance, security and frontline hospitality departments walked out over what th
Published 02 Aug, 2017 12:00am
Bank of England staff strike for first time in 50 years

Bank of England staff strike for first time in 50 years

Staff at the Bank of England began a three-day strike Tuesday, the first at Britain's central bank in more than 50 years, as part of a dispute over pay. Employees from the maintenance, security and frontline hospitality departments walked out over what th
Published 02 Aug, 2017 12:00am
Bank of England staff strike for first time in 50 years

Bank of England staff strike for first time in 50 years

Staff at the Bank of England began a three-day strike Tuesday, the first at Britain''s central bank in more than 50 years, as part of a dispute over pay. Employees from the maintenance, security and frontline hospitality departments walked out over what t
Published 02 Aug, 2017 12:00am
Services account posts $3.5 billion deficit

Services account posts $3.5 billion deficit

The country's services trade posted $ 3.5 billion deficit during the last fiscal year (FY17) mainly due to higher imports. Analysts said although Pakistan had received less inflow on account of Coalition Support Fund (CSF) during last fiscal year, the cou
Published 02 Aug, 2017 12:00am
Services account posts $3.5 billion deficit

Services account posts $3.5 billion deficit

The country's services trade posted $ 3.5 billion deficit during the last fiscal year (FY17) mainly due to higher imports. Analysts said although Pakistan had received less inflow on account of Coalition Support Fund (CSF) during last fiscal year, the cou
Published 02 Aug, 2017 12:00am
Services account posts $3.5 billion deficit

Services account posts $3.5 billion deficit

The country''s services trade posted $ 3.5 billion deficit during the last fiscal year (FY17) mainly due to higher imports. Analysts said although Pakistan had received less inflow on account of Coalition Support Fund (CSF) during last fiscal year, the co
Published 02 Aug, 2017 12:00am
Headline inflation inches up by 2.91 percent

Headline inflation inches up by 2.91 percent

The headline inflation inched up by 2.91 percent in July 2017 over the same month a year before due to a considerable increase in health and education cost, according to Pakistan Bureau of Statistics (PBS). The CPI inflation data released by the PBS at a
Published 02 Aug, 2017 12:00am
Headline inflation inches up by 2.91 percent

Headline inflation inches up by 2.91 percent

The headline inflation inched up by 2.91 percent in July 2017 over the same month a year before due to a considerable increase in health and education cost, according to Pakistan Bureau of Statistics (PBS). The CPI inflation data released by the PBS at a
Published 02 Aug, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 02 Aug, 2017 12:00am
Headline inflation inches up by 2.91 percent

Headline inflation inches up by 2.91 percent

The headline inflation inched up by 2.91 percent in July 2017 over the same month a year before due to a considerable increase in health and education cost, according to Pakistan Bureau of Statistics (PBS). The CPI inflation data released by the PBS at a
Published 02 Aug, 2017 12:00am
Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh
Exchange

Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh

National Electric Power Regulatory Authority (Nepra) has approved upfront tariff of Rs 7.1129 kWh for coal-fired Captive Power Plants (CPP), which will remain applicable till Dec 31, 2018. The tariff will comprise of reference fuel cost component of Rs 5.
Published 02 Aug, 2017 12:00am
Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh
Exchange

Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh

National Electric Power Regulatory Authority (Nepra) has approved upfront tariff of Rs 7.1129 kWh for coal-fired Captive Power Plants (CPP), which will remain applicable till Dec 31, 2018. The tariff will comprise of reference fuel cost component of Rs 5.
Published 02 Aug, 2017 12:00am
Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh
Exchange

Coal-fired CPPs: Nepra approves upfront tariff of Rs 7.1129 kWh

National Electric Power Regulatory Authority (Nepra) has approved upfront tariff of Rs 7.1129 kWh for coal-fired Captive Power Plants (CPP), which will remain applicable till Dec 31, 2018. The tariff will comprise of reference fuel cost component of Rs 5.
Published 02 Aug, 2017 12:00am
At least 29 killed in Herat

At least 29 killed in Herat

A suicide bomber and a gunman killed more than 29 people at a Shia mosque in Afghanistan's main western city of Herat Tuesday, the latest attack to highlight a deteriorating security situation in the country. The assault on the Jawadya mosque in Herat, wh
Published 02 Aug, 2017 12:00am
At least 29 killed in Herat

At least 29 killed in Herat

A suicide bomber and a gunman killed more than 29 people at a Shia mosque in Afghanistan's main western city of Herat Tuesday, the latest attack to highlight a deteriorating security situation in the country. The assault on the Jawadya mosque in Herat, wh
Published 02 Aug, 2017 12:00am
Member to Member
Exchange

Member to Member

The following transactions member to member subsequently reported on Tuesday (August 01, 2017).

Published 02 Aug, 2017 12:00am
LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

The chief commissioners of large taxpayer units (LTUs) and regional tax offices (RTOs) and corporate RTOs (CRTOs) would submit comprehensive plan with the Federal Board of Revenue (FBR) to achieve monthly and quarterly revenue collection targets for 2017-
Published 02 Aug, 2017 12:00am
LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

The chief commissioners of large taxpayer units (LTUs) and regional tax offices (RTOs) and corporate RTOs (CRTOs) would submit comprehensive plan with the Federal Board of Revenue (FBR) to achieve monthly and quarterly revenue collection targets for 2017-
Published 02 Aug, 2017 12:00am
LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

LTUs, RTOs & CRTOs: Chief Commissioners to submit comprehensive plan

The chief commissioners of large taxpayer units (LTUs) and regional tax offices (RTOs) and corporate RTOs (CRTOs) would submit comprehensive plan with the Federal Board of Revenue (FBR) to achieve monthly and quarterly revenue collection targets for 2017-
Published 02 Aug, 2017 12:00am
BISE Mardan announces HSC exams results

BISE Mardan announces HSC exams results

The girl students of private college have got top positions in the results of Higher School Certificate (HSC) annual examinations 2017 as the board of intermediate and secondary education (BISE) Mardan announced result on Tuesday. No one student of the go
Published 02 Aug, 2017 12:00am
New world of cheap, plentiful energy

New world of cheap, plentiful energy

The good news for oil importing developing countries like Pakistan is that the commodity is losing and losing fast its socio-economic and political clout in world affairs. Thanks to the fast-paced on-going technological revolution in the last almost ten y
Published 02 Aug, 2017 12:00am
Precious

Precious

A general consensus between democracy loving Pakistanis, in these uncertain times, is that precious is in danger again. Personally, I belong to a small minority who remain unconvinced that precious, democracy, is what it claims to be; a panacea for all ev
Published 02 Aug, 2017 12:00am
Pulling the plug on Afghanistan

Pulling the plug on Afghanistan

Recent reports coming out of Washington suggest that the proposal by US National Security Adviser (NSA) MacMaster for a moderate rise in the number of US troops or their private security company substitutes has been rejected by President Trump. If this is
Published 02 Aug, 2017 12:00am
To be, or not to be: that is the question

To be, or not to be: that is the question

There comes a time in the life of every writer when he feels helpless to describe or truly depict a particular situation for the understanding or appreciation of his readers. For one Nawaz Sharif's present dilemma has brought one to face such a situation.
Updated 02 Aug, 2017 07:30am
By-poll schedule announced: Political heat grips NA-120

By-poll schedule announced: Political heat grips NA-120

Political heat has gripped NA-120 after announcement of schedule for by-polls by the Election Commission of Pakistan (ECP) on Tuesday. As per the schedule, nomination papers can be filed from 10th to 15th of August. It will be followed by scrutiny of pape
Published 02 Aug, 2017 12:00am
Hafiz Saeed's house arrest extended

Hafiz Saeed's house arrest extended

The Punjab government has extended the house arrest of Jamaat-ud-Dawah (JuD) Chief, Hafiz Saeed and his four aides for two more months. He was detained on January 30 this year along with four of his party leaders in Lahore for their alleged involvement in
Published 02 Aug, 2017 12:00am
India should not expect consular access to Jadhav: Basit

India should not expect consular access to Jadhav: Basit

Pakistan High Commissioner to India Abdul Basit has said India should not expect to provide consular access to Indian spy Kulbhushan Jadhav, condemned to death for espionage and his involvement in subversive activities, for his was not an ordinary case.
Published 02 Aug, 2017 12:00am
Exporters to EU countries urged to register under REX System

Exporters to EU countries urged to register under REX System

All Pakistani exporters to European Union (EU) member countries under GSP plus have been urged to register themselves under REX System because only REX registered exporters would subsequently be eligible for Statement On Origin (SOO) in respect of their E
Published 02 Aug, 2017 12:00am
LHCBA vows to resolve 'dispute' between bar and bench

LHCBA vows to resolve 'dispute' between bar and bench

The Lahore High Court Bar Association (LHCBA) on Tuesday vowed to play its role in resolving the issue of clash between the Lahore High Court (Multan Bench) and the bar leadership. The LHCBA office-bearers and representatives of the Lahore Bar Association
Published 02 Aug, 2017 12:00am
Muqam invites Gulalai to join PML-N

Muqam invites Gulalai to join PML-N

Senior Vice President of PML-N Ameer Muqam has invited Ayesha Gulalai to join PML-N. According to the details, PML-N influential party leader in KP has invited Ayesha Gulalai to join his party. He has extended the invitation to Ayesha and will meet in a d
Published 02 Aug, 2017 12:00am
Electoral Reforms Bill to be tabled in NA session

Electoral Reforms Bill to be tabled in NA session

A meeting of the House Business Advisory Committee has decided that Electoral Reforms Bill would be tabled in the ongoing session of the National Assembly. The meeting chaired by Speaker National Assembly Ayaz Sadiq took place hours before the sitting of
Published 02 Aug, 2017 12:00am
By-poll on NA-120 scheduled for September 17

By-poll on NA-120 scheduled for September 17

The Election Commission of Pakistan (ECP) on Monday announced the schedule of by-polls in NA-120, Lahore. According to the schedule, polling will be held on September 17. The candidates can file their nomination papers from August 10 to August 15 and scru
Published 02 Aug, 2017 12:00am
WWB KP: Senate body for strict action against illegal appointments

WWB KP: Senate body for strict action against illegal appointments

The Senate Standing Committee on Overseas Pakistanis and Human Resource Development has directed for taking strict action against illegal appointments made in Workers Welfare Board (WWB) Khyber Pakhtunkhwa. The committee headed by Senator Baz Muhammad Kha
Published 02 Aug, 2017 12:00am
Qureshi refuses to shake hands with new PM

Qureshi refuses to shake hands with new PM

In a surprising move, Pakistan Tehreek-e-Insaf (PTI) vice chairman Shah Mahmood Qureshi refused to shake hands with Prime Minister-elect Shahid Khaqan Abbasi upon his election as new leader of the House on Tuesday.
Published 02 Aug, 2017 12:00am
eLearn. Punjab becomes role model for education sector

eLearn. Punjab becomes role model for education sector

The eLearn. Punjab, a joint project of School Education Department and Punjab Information Technology board (PITB), has become a role model for the whole national education sector. Dr Umar Saif founding Vice Chancellor Information Technology University (IT
Published 02 Aug, 2017 12:00am
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