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Nov 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-12
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, the total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.522 billion and the number of lots traded was 20,006. PMEX Commodity Index closed at 2,991. Major business was contributed by g
Published 12 Aug, 2017 12:00am
CBOT soyabean futures mixed ahead of USDA reports

CBOT soyabean futures mixed ahead of USDA reports

Chicago Board of Trade soyabean futures closed mixed on Wednesday, with the benchmark November contract ending flat as traders squared positions ahead of key supply/demand reports due from the US Department of Agriculture on Thursday. CBOT November soyabe
Published 12 Aug, 2017 12:00am
US natural gas futures rise on cooling demand

US natural gas futures rise on cooling demand

US natural gas futures on Wednesday rose to their highest level this month with a change in the latest forecasts calling for warmer weather and more cooling demand over the next two weeks. Front-month gas futures rose 6.1 cents, or 2.2 percent, to settle
Published 12 Aug, 2017 12:00am
Paris wheat futures prices little changed
Exchange

Paris wheat futures prices little changed

Paris wheat futures prices ended little changed on Wednesday after earlier hitting new contract lows, as the market remained pressured by harvest supplies and chart-based selling. Trading was subdued as market participants awaited a US government crop rep
Published 12 Aug, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 158,839 tonnes of cargo comprising 120,059 tonnes of import cargo and 38,780 tonnes of export cargo including 6,448 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 120
Published 12 Aug, 2017 12:00am
Panic selling by ginners push cotton rates down
Cotton

Panic selling by ginners push cotton rates down

Panic selling by ginners pushed rates down on the cotton market on Friday, dealers said. The official spot rate drifted lower by Rs 50 to Rs 6400, they said. In the ready session over 20,000 bales of cotton changed hands between Rs 6375-6690, they said. I
Published 12 Aug, 2017 12:00am
US FOB Gulf corn, soyabean bids firmer on strong demand

US FOB Gulf corn, soyabean bids firmer on strong demand

CIF basis bids for corn and soyabeans shipped by barge to the US Gulf Coast were firmer on Wednesday on strong demand from at least one major exporter, traders said. Higher CIF basis values supported higher FOB basis offers for corn and underpinned soyabe
Published 12 Aug, 2017 12:00am
France private sector job growth increases in Q2

France private sector job growth increases in Q2

French private sector job growth grew at its fastest rate in least six years in the second quarter of the year, adding 91,700 jobs, data from the INSEE statistics agency showed on Friday. The new jobs represented a 0.5 percent increase on the previous qua
Published 12 Aug, 2017 12:00am
Dutch bank ING thrives in Germany with zero-fee, online-only accounts

Dutch bank ING thrives in Germany with zero-fee, online-only accounts

To find a bank that is thriving in Germany's troubled banking sector, look no further than ING of the Netherlands, which is upending German tradition with a radical online-only, no-frills and zero-fees offering. With its bright orange logo and catchy ads
Published 12 Aug, 2017 12:00am
Foundations for post-Libor system sliding into place
Libor

Foundations for post-Libor system sliding into place

Critical steps for replacing Libor could be taken by next year, British industry officials told Reuters, increasing the chances of a smooth transition from the interest rate benchmark used to price financial contracts worth tens of trillions of pounds. Wh
Published 12 Aug, 2017 12:00am
Malaysia's 1MDB makes payment to Abu Dhabi after delay

Malaysia's 1MDB makes payment to Abu Dhabi after delay

Malaysia's crisis-hit state investment fund 1MDB said Friday it has paid Abu Dhabi the equivalent of $350 million, the first installment under a deal to settle its debts after it missed previous deadlines. 1MDB and its founder Prime Minister Najib Razak a
Published 12 Aug, 2017 12:00am
Malaysia's 1MDB makes payment to Abu Dhabi after delay

Malaysia's 1MDB makes payment to Abu Dhabi after delay

Malaysia's crisis-hit state investment fund 1MDB said Friday it has paid Abu Dhabi the equivalent of $350 million, the first installment under a deal to settle its debts after it missed previous deadlines. 1MDB and its founder Prime Minister Najib Razak a
Published 12 Aug, 2017 12:00am
Credit Suisse bars trades on some Venezuelan bonds

Credit Suisse bars trades on some Venezuelan bonds

Credit Suisse barred its traders from transacting some Venezuelan government bonds and required other Venezuela-connected transactions to undergo a special review for reputational risk, a bank spokesman said Thursday. The Swiss bank ordered its traders to
Published 12 Aug, 2017 12:00am
Credit Suisse bars trades on some Venezuelan bonds

Credit Suisse bars trades on some Venezuelan bonds

Credit Suisse barred its traders from transacting some Venezuelan government bonds and required other Venezuela-connected transactions to undergo a special review for reputational risk, a bank spokesman said Thursday. The Swiss bank ordered its traders to
Published 12 Aug, 2017 12:00am
Fines surge in crackdown on Airbnb owners in Paris

Fines surge in crackdown on Airbnb owners in Paris

Fines imposed against owners renting their Paris apartments out on Airbnb surged more than tenfold in the first half of 2017 thanks to more rigorous monitoring, city authorities said Friday. Thirty-one owners of 128 units were slapped with a total of 615,
Published 12 Aug, 2017 12:00am
Modest rise in US consumer prices may delay Fed rate hike

Modest rise in US consumer prices may delay Fed rate hike

US consumer prices rose slightly in July as higher food costs were partly offset by falling prices for a range of other goods, suggesting benign inflation that could persuade a cautious Federal Reserve to delay raising interest rates until December. But w
Published 12 Aug, 2017 12:00am
Australian, New Zealand shares slide
Exchange

Australian, New Zealand shares slide

Australian shares closed at their lowest in nearly three weeks on Friday, as investors fled to safer assets amid the inflammatory exchange of words between North Korea and the United States. The S&P/ASX 200 index fell 67.83 points, or 1.2 percent, to 5,69
Published 12 Aug, 2017 12:00am
Indian shares post biggest weekly fall in 1-1/2 years

Indian shares post biggest weekly fall in 1-1/2 years

Indian shares fell for a fifth session and ended their worst week in one-and-a-half years after State Bank of India sank following weak June-quarter results, further weakening sentiment in a market reeling under North Korea tensions. Weakening global risk
Published 12 Aug, 2017 12:00am
S&P falls 1.4 percent in safety flight on North Korea tensions
Exchange

S&P falls 1.4 percent in safety flight on North Korea tensions

The S&P 500 index had its biggest one-day drop in almost three months on Thursday as investors fled riskier assets, with technology stocks leading the charge, in response to an increasingly aggressive exchange of threats between the United States and Nort
Published 12 Aug, 2017 12:00am
Hong Kong shares suffer worst week in 2017

Hong Kong shares suffer worst week in 2017

Hong Kong shares fell 2 percent on Friday, dragged down by a sell-off in internet-related shares and fears over the impact of rising tensions between the United States and North Korea. The Hang Seng index fell 2.0 percent, to 26,883.51, while the China En
Published 12 Aug, 2017 12:00am
Treasury yields sag on North Korea tensions

Treasury yields sag on North Korea tensions

US Treasury long-dated yields dropped to six-week lows on Thursday, pressured by continued tensions between the United States and North Korea as well as weak economic data that reduced expectations of an interest rate hike in December. Over the last two w
Published 12 Aug, 2017 12:00am
Treasury yields sag on North Korea tensions

Treasury yields sag on North Korea tensions

US Treasury long-dated yields dropped to six-week lows on Thursday, pressured by continued tensions between the United States and North Korea as well as weak economic data that reduced expectations of an interest rate hike in December. Over the last two w
Published 12 Aug, 2017 12:00am
Korea jitters reverberate in peripheral Europe, pushing bond spreads out

Korea jitters reverberate in peripheral Europe, pushing bond spreads out

The premium investors demand to hold southern European bonds over top-rated German peers hit its highest in over three weeks on Friday as the risk aversion caused by heightened tensions over North Korea reverberated across peripheral Europe. While safe-ha
Published 12 Aug, 2017 12:00am
Korea jitters reverberate in peripheral Europe, pushing bond spreads out

Korea jitters reverberate in peripheral Europe, pushing bond spreads out

The premium investors demand to hold southern European bonds over top-rated German peers hit its highest in over three weeks on Friday as the risk aversion caused by heightened tensions over North Korea reverberated across peripheral Europe. While safe-ha
Published 12 Aug, 2017 12:00am
Sri Lankan shares fall for fourth straight week

Sri Lankan shares fall for fourth straight week

Sri Lankan shares fell to a more than three-and-a-half month low and breached the psychological level of 6,500 points on Friday, dragged down by diversified and beverage shares. The market has ended lower in 10 out of the last 11 sessions through Friday,
Published 12 Aug, 2017 12:00am
China stocks lower

China stocks lower

China stocks stumbled on Friday as a growing war of words between the United States and North Korea combined with profit-taking in cyclical sectors to send shares down for the week. The blue-chip CSI300 index fell 1.8 percent, to 3,647.35 points. For the
Published 12 Aug, 2017 12:00am
European shares mark worst week this year as geopolitics bites

European shares mark worst week this year as geopolitics bites

A sell-off in heavyweight basic resources stocks prompted a third day of losses for European shares on Friday, posting their worst week this year amid a ramp-up of tensions between the United States and North Korea. Volatility jumped and the pan-European
Published 12 Aug, 2017 12:00am
Southeast Asian stocks end lower

Southeast Asian stocks end lower

Southeast Asian stock markets saw broad-based declines on Friday, with Indonesia and Singapore falling over 1 percent each, as the continuing standoff between the US and North Korea kept investors on edge. Fresh bouts of fiery rhetoric came as US Presiden
Published 12 Aug, 2017 12:00am
FTSE hits three-month low as miners wobble

FTSE hits three-month low as miners wobble

Britain's top share index dropped to a three-month low on Friday amid rising geopolitical tensions, with financials, miners and energy firms the biggest weights among blue chips. The blue chip FTSE 100 index ended the session 1.1 percent lower at 7,309.96
Published 12 Aug, 2017 12:00am
Dollar falls against yen in Asia

Dollar falls against yen in Asia

The dollar skidded to an eight-week low against the yen on Friday as escalating tensions between the United States and North Korea triggered yet more investor flight to safety. The dollar last changed hands at 108.96 yen, down 0.2 percent. Trading was thi
Published 12 Aug, 2017 12:00am
Korean tensions keep yen near eight-week highs in Europe
Exchange

Korean tensions keep yen near eight-week highs in Europe

The dollar was pinned close to an eight-week low against the yen on Friday as escalating tension over North Korea dominated currency markets thinned out by the summer holidays in Europe and the United States. The yen gained more than 0.2 percent in Asian
Published 12 Aug, 2017 12:00am
Early trade in New York dollar weakens against basket of currencies

Early trade in New York dollar weakens against basket of currencies

The US dollar weakened against a basket of currencies on Friday, after data showed US consumer prices rose less than expected in July, pointing to benign inflation that could make the Federal Reserve cautious about raising interest rates again this year.
Published 12 Aug, 2017 12:00am
Dollar at eight-week low against yen in New York

Dollar at eight-week low against yen in New York

The dollar hit an eight-week low against the Japanese yen on Thursday, as the escalating tensions between the United States and North Korea drove investors to seek safety in assets viewed as less risky. The dollar was down 0.77 percent against the yen at
Published 12 Aug, 2017 12:00am
Sri Lankan rupee up
Exchange

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Friday as banks and exporter dollar sales surpassed the mild importer demand for the US currency, dealers said. The spot rupee ended at 153.05/10 per dollar, compared with Thursday's close of 153.10/20.
Published 12 Aug, 2017 12:00am
Sterling slips to 10-month lows against euro

Sterling slips to 10-month lows against euro

Sterling fell to a fresh 10-month low against the euro on Friday as investors added bearish bets against the British currency on concerns the economy may be struggling to gain momentum. "Liquidity is usually quite thin in the summer months but that said t
Published 12 Aug, 2017 12:00am
Aussie, kiwi slip

Aussie, kiwi slip

The Australian and New Zealand dollars slipped for a third straight session on Friday as the escalating war of words over North Korea spooked investors toward safe harbours including the yen and Swiss franc. With stocks and equities falling across Asia an
Published 12 Aug, 2017 12:00am
Independence Day cycling race tomorrow

Independence Day cycling race tomorrow

A 42-km Independence Day Cycling Race will be organized from Peshawar to Nowshera on Sunday (August 13, 2017). According to President, KP Cycling Association Nisar Ahmad the race will paddle off from historical Bala Hisar For, Peshawar at 9.00 am with a t
Published 12 Aug, 2017 12:00am
SEA Games: Philippines says 50 golds 'reasonable' in Malaysia

SEA Games: Philippines says 50 golds 'reasonable' in Malaysia

The Philippines is targeting 50 gold medals at the upcoming Southeast Asian Games in Malaysia, one of their biggest tallies on foreign soil, the head of the country's delegation said Friday. Chef de mission Cynthia Carrion-Norton said 50 was a "reasonable
Published 12 Aug, 2017 12:00am
Morocco to bid for 2026 World Cup: Federation

Morocco to bid for 2026 World Cup: Federation

Morocco's football federation (FRMF) announced on Friday it had told the sport's world governing body FIFA it will bid to host the 2026 World Cup. It would be Morocco's fifth candidacy having come up short already in 1994, 1998, 2006 and 2010. "Morocco co
Published 12 Aug, 2017 12:00am
Root warns against Crane hype

Root warns against Crane hype

England captain Joe Root has warned not to expect too much from Mason Crane after the leg-spinner received his first call-up into a Test squad. The 20-year-old Hampshire rising star was something of a surprise inclusion in a 13-man squad announced Thursda
Published 12 Aug, 2017 12:00am
Guliyev ruins Van Niekerk's double dream

Guliyev ruins Van Niekerk's double dream

Azeri-born Turk Ramil Guliyev ruined Wayde van Niekerk's bid for a first 200/400m double in 22 years when he outsprinted the South African to the 200m world title on Thursday. Guliyev, who took up Turkish citizenship in 2011 and was cleared to compete for
Published 12 Aug, 2017 12:00am
Women cricket trials of RCA Abbottabad on August 19

Women cricket trials of RCA Abbottabad on August 19

PCB Cricket Coordinator in Mardan and former national cricketer Aasia Noor on Friday said that the Women Under-21 Cricket trials of the Regional Cricket Association Abbottabad will be organized for the first time at Government Post Graduate College for Wo
Published 12 Aug, 2017 12:00am
Azadi Cup Falak Sher Junior Squash begins

Azadi Cup Falak Sher Junior Squash begins

To celebrate the 70th Independence Day, the Khyber Pakhtunkhwa Azadi Cup Falak Sher Junior Squash Tournament for both boys and girls under the aegis of KP Squash Association got under way here at PAF Hashim Khan Squash Complex on Friday. PAF leading quali
Published 12 Aug, 2017 12:00am
Nadal's pursuit of No 1 derailed by Canadian teen

Nadal's pursuit of No 1 derailed by Canadian teen

Canadian teenager Denis Shapovalov shocked top seeded Rafael Nadal to reach the quarter-finals of the ATP Montreal Masters tournament, temporarily spoiling the Spaniard's chances of returning to world number one. The 18-year-old Shapovalov continued his g
Published 12 Aug, 2017 12:00am
Barcelona receive PSG money to free up Neymar

Barcelona receive PSG money to free up Neymar

Neymar is free to make his Paris Saint-Germain debut at Guingamp on Sunday after Barcelona confirmed on Friday the 222 million-euro ($261 million) cheque used to pay his buyout clause had cleared. "The cheque has cleared and therefore puts in motion the p
Published 12 Aug, 2017 12:00am
India bid to reinstate Sreesanth fixing ban

India bid to reinstate Sreesanth fixing ban

India's cricket board will appeal against a court order that lifted fast bowler Shanthakumaran Sreesanth's life ban for match-fixing, a senior official told AFP on Friday. The Board of Control for Cricket in India (BCCI) does not agree with the Kerala sta
Published 12 Aug, 2017 12:00am
Chandimal eyes win over India in Jadeja's absence

Chandimal eyes win over India in Jadeja's absence

The absence of world number one allrounder Ravindra Jadeja from India's team has given Sri Lanka hope that they can avoid a series whitewash in the third and final Test starting Saturday, home skipper Dinesh Chandimal said. Left-arm spinner Jadeja was ban
Published 12 Aug, 2017 12:00am
Contaminated eggs scandal spreads from Europe to Asia

Contaminated eggs scandal spreads from Europe to Asia

A scandal involving eggs contaminatedwith insecticide spread to 15 EU countries, Switzerland and as far away as Hong Kong on Friday as the European Commission called for a special meeting on the growing crisis. Ministers and food safety chiefs from around
Published 12 Aug, 2017 12:00am
World's oldest man dead in Israel at 113

World's oldest man dead in Israel at 113

Israeli Holocaust survivor Yisrael Kristal, certified last year by Guinness World Records as the world's oldest man, died on Friday aged 113, Israeli media reported. Since he was an observant Jew, his family could not be reached on Friday evening, the ons
Published 12 Aug, 2017 12:00am
South Korea stem cell scandal official resigns

South Korea stem cell scandal official resigns

A top South Korean technology official accused of covering up a notorious stem cell research fraud resigned Friday, a blow to new President Moon Jae-In. Park Ki-Young stepped down as the head of a newly-created science centre, which is responsible for all
Published 12 Aug, 2017 12:00am
Egypt train collision kills at least 36

Egypt train collision kills at least 36

At least 36 people were killed as two trains collided Friday outside the Mediterranean city of Alexandria, in one of the deadliest in a string of such accidents in Egypt, the health ministry said. The crash also injured 123 people, the ministry said in a
Published 12 Aug, 2017 12:00am
At least 36 killed in China bus crash

At least 36 killed in China bus crash

At least 36 people were killed and 13 injured when a packed bus slammed into a wall at the mouth of an expressway tunnel in northern China, authorities said Friday. The coach crashed at the Qinling tunnel in Ankang, a city in Shaanxi province, on Thursday
Published 12 Aug, 2017 12:00am
Iran accuses Trump of 'bad faith' on nuclear deal
Exchange

Iran accuses Trump of 'bad faith' on nuclear deal

Iran hit back Friday at Donald Trump's warnings on Tehran's ballistic missiles programme, accusing the US president of showing "bad faith" over the 2015 nuclear accord. "POTUS (president of the United States) always wanted to kill" the deal, Foreign Minis
Published 12 Aug, 2017 12:00am
US airstrike kills several civilians in Afghanistan

US airstrike kills several civilians in Afghanistan

Several civilians have been killed in an US airstrike in eastern Afghanistan, local officials said Friday, the latest setback in efforts to bring peace to the war-torn country. Saaz Wali Shinwari, the district governor of Haska Mina in Nangarhar province,
Published 12 Aug, 2017 12:00am
Sydney homeless 'tent city' packs up after new law

Sydney homeless 'tent city' packs up after new law

A homeless tent city in the heart of Sydney was being dismantled Friday, after political wrangling over who was responsible for the plight of those sleeping rough in winter sparked the introduction of new laws. More than 50 people had been camping in colo
Published 12 Aug, 2017 12:00am
Zuma 'a fighter' after surviving vote: minister

Zuma 'a fighter' after surviving vote: minister

South African President Jacob Zuma, who survived a vote of no confidence in parliament this week, is "a fighter but he knows he is bowing out," one of his closest allies told AFP on Friday. Police Minister Fikile Mbalula called for ANC lawmakers to rally
Published 12 Aug, 2017 12:00am
Trump says US military 'locked and loaded' on North Korea
Exchange

Trump says US military 'locked and loaded' on North Korea

President Donald Trump on Friday turned up the heat on North Korea, warning Pyongyang that the US military is "locked and loaded" in the event of a misstep by the totalitarian state, despite mounting international calls for restraint. Trump launched anoth
Published 12 Aug, 2017 12:00am
Cotton rebounds after hitting three-week low
Cotton

Cotton rebounds after hitting three-week low

ICE cotton futures rebounded slightly on Friday after hitting a three-week low earlier in the session on the back of a bearish supply report from the US Department of Agriculture. Cotton contracts for December settled up 0.14 cent, or 0.21 percent, at 68.
Published 12 Aug, 2017 12:00am
Shanghai metals fall on US-North Korea tensions
Exchange

Shanghai metals fall on US-North Korea tensions

Chinese base metals traded lower on Friday, pressured by uncertainty over US-North Korea tensions that was shifting investment into gold and low-risk instruments. "Rising geopolitical tension was once again the dominant theme in commodity markets," ANZ Ba
Published 12 Aug, 2017 12:00am
Nickel slides as investors shun risk, take profits
Exchange

Nickel slides as investors shun risk, take profits

Nickel and other base metals slumped on Friday as investors shunned risky assets amid tensions on the Korean peninsula and secured profits after a recent rally. US President Donald Trump issued a new threat to North Korea, saying American weapons were "lo
Published 12 Aug, 2017 12:00am
Oil prices up amidst higher global demand, Nigeria instability

Oil prices up amidst higher global demand, Nigeria instability

Oil prices rose slightly on Friday in volatile trading as the market weighed lower US crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing. Brent crude settled up 20 cents or 0.39 percent to $52.10 a b
Published 12 Aug, 2017 12:00am
Global coffee exports rise 5.7 percent in June

Global coffee exports rise 5.7 percent in June

Global coffee exports rose 5.7 percent in June from a year earlier to 10.44 million 60-kg bags, data from the International Coffee Organization (ICO) showed on Monday. For the first nine months of the 2016/17 season, which began on Oct. 1 last year, coffe
Published 12 Aug, 2017 12:00am
Palm oil hits near two-week top on stronger soya
Exchange

Palm oil hits near two-week top on stronger soya

Malaysian palm oil futures rose on Friday evening to chart a fourth consecutive day of gains, reaching its highest levels in nearly two weeks as it tracked gains in soyaoil on the Chicago Board of Trade. The benchmark palm oil contract for October deliver
Published 12 Aug, 2017 12:00am
Raw sugar hits six-week low, coffee rebounds
Exchange

Raw sugar hits six-week low, coffee rebounds

Raw sugar futures on ICE fell for the ninth straight day and reached a six-week low on Friday, after data showed ample output in top grower Brazil and on expectations for more producer selling against the October contract. Coffee and cocoa prices rebounde
Published 12 Aug, 2017 12:00am
Gold moves up in New York
Exchange

Gold moves up in New York

The price of gold rose on Thursday for the third straight day, reaching a two-month high as another exchange of threats by the United States and North Korea prompted investors to buy bullion as a safe-haven asset. North Korea said it was completing plans
Published 12 Aug, 2017 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices held steady after touching their highest in more than two months on Friday, as rising tensions between the United States and North Korea triggered safe-haven buying. "Much of the rally (in gold) is because of the increased safe-haven demand,"
Published 12 Aug, 2017 12:00am
Gold rises in Europe

Gold rises in Europe

Gold prices climbed to two-month highs on Friday as investors sought refuge from escalating tensions between North Korea and the United States, while bullion also received support from weak US inflation data. US President Donald Trump issued a new threat
Published 12 Aug, 2017 12:00am
German 2017 wheat and rapeseed harvests seen up on year

German 2017 wheat and rapeseed harvests seen up on year

German wheat and rapeseed crops in 2017 are expected to increase on the year despite repeated rain in past weeks, the country's association of farm cooperatives said on Thursday. Germany's 2017 wheat crop will increase 3.8 percent on the year to 25.39 mil
Published 12 Aug, 2017 12:00am
US MIDDAY: US wheat falls

US MIDDAY: US wheat falls

US wheat futures fell on Friday, led lower by a sharp decline in MGEX spring wheat as investors liquidated bullish positions following the US Department of Agriculture's forecast for a bigger-than-expected crop in the northern Plains, traders said. The se
Published 12 Aug, 2017 12:00am
US MIDDAY: gold climbs

US MIDDAY: gold climbs

Gold prices climbed to two-month highs early on Friday, rising for the fourth straight day as investors sought refuge amid escalating tensions between North Korea and the United States, while bullion also received support from weak US inflation data. US P
Published 12 Aug, 2017 12:00am
Customs seize antiques, artifacts at BBIA

Customs seize antiques, artifacts at BBIA

Customs authorities at Benazir Bhutto International Airport Islamabad have seized huge quantities of antiques/artifacts from export consignment destined for Japan. According to details, the export consignment cleared vide GD # SICE-SB-20, dated 5.8.2017,
Published 12 Aug, 2017 12:00am
270 inmates of Karachi jail to be shifted to other prisons

270 inmates of Karachi jail to be shifted to other prisons

The provincial Apex Committee in its 20th meeting has decided to shift 270 prisoners from Central Jail Karachi to different jails of the province by declaring them high-security prisons. At least 19 of them are said to be the most notorious prisoners. Sin
Published 12 Aug, 2017 12:00am
Delay in GWSSP project attributed to financial constraints

Delay in GWSSP project attributed to financial constraints

Khyber Pakhtunkhwa Minister for local government and rural development, Inayatullah Khan, has revealed that the Greater Water Supply Scheme Peshawar (GWSSP) was delayed due to financial constraints. However, he said the project is still under consideratio
Published 12 Aug, 2017 12:00am
Delay in GWSSP project attributed to financial constraints

Delay in GWSSP project attributed to financial constraints

Khyber Pakhtunkhwa Minister for local government and rural development, Inayatullah Khan, has revealed that the Greater Water Supply Scheme Peshawar (GWSSP) was delayed due to financial constraints. However, he said the project is still under consideratio
Published 12 Aug, 2017 12:00am
PTI forms province-wise parliamentary boards

PTI forms province-wise parliamentary boards

Pakistan Tehreek-e-Insaf (PTI) on Friday formed province-wise parliamentary boards led by party Chairman Imran Khan for issuance of tickets to candidates in Punjab and Khyber Pakhtunkhwa for the next general election. The parliamentary board, comprising e
Published 12 Aug, 2017 12:00am
Nawaz reiterates his narrative against ouster

Nawaz reiterates his narrative against ouster

Former prime minister Nawaz Sharif has urged the nation to stand with him for changing the fate of Pakistan. Addressing a massive crowd in Gujrat on Friday, he asked if the people had accepted the verdict against his premiership that evoked a resounding c
Published 12 Aug, 2017 12:00am
Boy killed during ex-PM's rally

Boy killed during ex-PM's rally

The motorcade of former prime minister hit and killed a 13-year-old boy who had come to a rally Friday at which Nawaz Sharif was protesting his recent ouster, officials said. The ex-leader has been rallying crowds since Wednesday as he makes his way down
Published 12 Aug, 2017 12:00am
Nawaz individually in trouble: Bilawal

Nawaz individually in trouble: Bilawal

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that there is no threat to democratic system, adding Nawaz Sharif individually is in trouble and trying to save himself. "The PPP will stand in frontline if there is any threat to democ
Published 12 Aug, 2017 12:00am
Independence Day celebrations: participation of special children praised

Independence Day celebrations: participation of special children praised

The special children are also participating in the Independence Day Celebrations which depicts the patriotism of special children. This was stated by Director Social Welfare Muhammad Shahid Rana while addressing the ceremony held at main campus of Tanzeem
Published 12 Aug, 2017 12:00am
Qadri to stage sit-in on Mall Road on August 16

Qadri to stage sit-in on Mall Road on August 16

Pakistan Awami Tehrik (PAT) Chief Dr Tahirul Qadri on Friday announced to stage a sit-in on August 16, on Mall Road in the provincial metropolis. This sit-in will be staged only by women, especially the heirs of those who lost their lives in a crackdown o
Published 12 Aug, 2017 12:00am
Credit of economic revival goes to Nawaz, says Shahbaz

Credit of economic revival goes to Nawaz, says Shahbaz

Punjab Chief Minister Shehbaz Sharif on Friday said that revival of sagging economy is the golden achievement of Nawaz Sharif and economic policies of his four-year tenure have helped to give sound footing to the national economy.
Published 12 Aug, 2017 12:00am
Coke Studio's Season 10 launched

Coke Studio's Season 10 launched

The milestone tenth season of Pakistan's iconic music platform, Coke Studio, was launched at an emotionally-charged ceremony, attended by the show producers, leading singers and musicians of Pakistan, representatives of the mass media and digital media, c
Published 12 Aug, 2017 12:00am
Spurious drugs: DC for making operation result-oriented

Spurious drugs: DC for making operation result-oriented

Deputy Commissioner Salman Ghani ordered for making the operation against the spurious drugs result oriented and warned the Drug Inspectors for stern departmental action in case of poor performance regarding eradication of sale and produce of fake medicin
Published 12 Aug, 2017 12:00am
Security on high alert ahead of ex-PM's homecoming

Security on high alert ahead of ex-PM's homecoming

The security of the provincial metropolis has been put on high alert in the wake of the deposed prime minister's homecoming; particularly shrines, Imambargahs and other sensitive installations of city are under close-circuit monitoring as ousted Prime Min
Published 12 Aug, 2017 12:00am
LHC allows time for contemnor's appearance

LHC allows time for contemnor's appearance

The Chief Justice of Lahore High Court (LHC) allowed further time to bar representatives for appearance of contemnor Sher Zaman Qureshi, president High Court Bar Association-Multan, before the court. PBC vice chairman Ahsan Bhoon, Ghulam Sarwar Nehang and
Published 12 Aug, 2017 12:00am
Punjab government allocates Rs 250 million for Women Protection Centers

Punjab government allocates Rs 250 million for Women Protection Centers

The Punjab government has earmarked Rs 250 million for the establishment of Women Protection Centers in different districts of the province for the welfare and betterment of the women folk. This was stated by the Director General Social Welfare Waheed Akh
Published 12 Aug, 2017 12:00am
PPDWP approves four uplift projects

PPDWP approves four uplift projects

The Punjab Provincial Development Working Party (PPDWP) approved four development schemes of various sectors with an estimated cost of Rs 29 billion in its 10th meeting of current fiscal year 2017-18 presided over by the Chairman P&D Muhammad Jahanzeb Kha
Published 12 Aug, 2017 12:00am
Envoy invites Pakistani entrepreneurs to explore Mexican markets
Cotton

Envoy invites Pakistani entrepreneurs to explore Mexican markets

Mexican Ambassador, Jose Alfonso Zegbe, has said that Mexico could be a tangible and lucrative market for Pakistani products therefore Pakistani entrepreneurs must explore this huge untapped destination. He was speaking at the Lahore Chamber of Commerce &
Published 12 Aug, 2017 12:00am
Fifth BASR meeting 2017 held at University of Wah

Fifth BASR meeting 2017 held at University of Wah

University of Wah periodically schedules meeting of its statutory bodies in conformity with the charter issued by the Government of Punjab. University held fifth periodic meeting of Board of Advanced Studies and Research (BASR), in University's Seminar Ha
Published 12 Aug, 2017 12:00am
Nawaz committing contempt of court: opine experts

Nawaz committing contempt of court: opine experts

Prominent legal experts have said the disqualified Nawaz Sharif is grossly committing contempt of court by launching a campaign of vilification against the apex Court and his speeches at the public gatherings on the GT road are clear violation of Article
Published 12 Aug, 2017 12:00am
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