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Print - 2017-08-22
IMC lauded for high standards of automobile manufacturing

IMC lauded for high standards of automobile manufacturing

Federal Secretary Industries Khizar Hayat Gondal said that Indus Motor Company (IMC) sharing its experiences in and outside the company is encouraging and we can move on the path of growth and prosperity if other companies follow the suit. He stated this
Published 22 Aug, 2017 12:00am
Outgoing UAE envoy calls on CoAS

Outgoing UAE envoy calls on CoAS

Essa Abdullah Al Basha Al-Naimi, Ambassador of UAE to Pakistan called on Chief of Army Staff General Qamar Javed Bajwa to bid farewell at the end of his tenure in Pakistan. Matters of mutual interest including regional security issues were discussed durin
Published 22 Aug, 2017 12:00am
Balochistan needs attention

Balochistan needs attention

One of the achievements of his four-year rule that the disqualified prime minister Nawaz Sharif cites is what he says improved law and order situation in Balochistan. He is right but only up to an extent. What one can certainly observe in this province is
Published 22 Aug, 2017 12:00am
Money laundering probe exposes Australian banks' compliance frailties

Money laundering probe exposes Australian banks' compliance frailties

A money laundering probe at Commonwealth Bank of Australia is the latest in a slew of scandals denting the reputation of Australian banks as simple, reliable lenders at the forefront in the battle against financial crime. Australian banks have lagged thei
Published 22 Aug, 2017 12:00am
UAE nuclear programme edges toward 2018 launch

UAE nuclear programme edges toward 2018 launch

At first glance, the long hallway seems abandoned. But behind glass walls, in soundproof offices, engineers and physicists are putting the final touches to the Arab world's first nuclear programme. At the Federal Authority for Nuclear Regulation (FANR) in
Published 22 Aug, 2017 12:00am
Review of the federal PSDP

Review of the federal PSDP

The Federal Public Sector Development Programme (PSDP) has been set at Rs 1001 billion for 2017-18. This represents a 'big push', with a 40 percent growth over the development spending in 2016-17. In effect, the Federal PSDP is expected to rise from 2.2 p
Published 22 Aug, 2017 12:00am
Reforming arms licencing

Reforming arms licencing

A recent cabinet meeting was revealing in that how gun culture has become synonymous with social status. The first item on the agenda was Prime Minister Shahid Khaqan Abbasi's proposal to streamline arms licencing regime and placing a ban on automatic wea
Published 22 Aug, 2017 12:00am
The Weather

The Weather

The weather report on Monday (August 21, 2017) and the forecast for Tuesday (August 22, 2017).

Published 22 Aug, 2017 12:00am
Criticality of credible statistics

Criticality of credible statistics

A notification was issued separating the Statistics Division from the Finance Division soon after Prime Minister Shahid Khaqan Abbasi took oath on 1st August 2017 - a decision fully supported by this newspaper which has consistently maintained that Pakist
Published 22 Aug, 2017 12:00am
Ten sailors missing after US destroyer collision off Singapore

Ten sailors missing after US destroyer collision off Singapore

Ten US sailors were missing and five injured after their destroyer collided with a tanker near Singapore Monday, tearing a large hole in its hull in the second accident involving an American warship in two months. The badly damaged USS John S. McCain limp
Published 22 Aug, 2017 12:00am
Ten sailors missing after US destroyer collision off Singapore

Ten sailors missing after US destroyer collision off Singapore

Ten US sailors were missing and five injured after their destroyer collided with a tanker near Singapore Monday, tearing a large hole in its hull in the second accident involving an American warship in two months. The badly damaged USS John S. McCain limp
Published 22 Aug, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
37-day Khyber-IV operation huge success: ISPR

37-day Khyber-IV operation huge success: ISPR

Pakistan Army on Monday announced the successful completion of 37-day operation Khyber-IV, saying ground objectives in Rajgal and Shawal Valleys of Khyber Agency have been achieved. Addressing a press conference, Director General Inter-Services Public Rel
Published 22 Aug, 2017 12:00am
37-day Khyber-IV operation huge success: ISPR

37-day Khyber-IV operation huge success: ISPR

Pakistan Army on Monday announced the successful completion of 37-day operation Khyber-IV, saying ground objectives in Rajgal and Shawal Valleys of Khyber Agency have been achieved. Addressing a press conference, Director General Inter-Services Public Rel
Published 22 Aug, 2017 12:00am
Trump may announce modest troop increase for Afghanistan

Trump may announce modest troop increase for Afghanistan

President Donald Trump is likely to announce a modest increase in U.S. troop numbers in Afghanistan when he lays out his strategy on Monday for the war there, America's longest military conflict, a senior administration official said.
Published 22 Aug, 2017 12:00am
Lawyers take out protest rally against LHC CJ

Lawyers take out protest rally against LHC CJ

The lawyers on Monday broke into judges' entry gate of the Lahore High Court (LHC) after a larger bench issued non-bailable arrest warrants of Multan Bar President Sher Zaman Qureshi for not appearing before the bench in contempt of court proceedings init
Published 22 Aug, 2017 12:00am
Lawyers take out protest rally against LHC CJ

Lawyers take out protest rally against LHC CJ

The lawyers on Monday broke into judges' entry gate of the Lahore High Court (LHC) after a larger bench issued non-bailable arrest warrants of Multan Bar President Sher Zaman Qureshi for not appearing before the bench in contempt of court proceedings init
Published 22 Aug, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 21, 2017)

Published 22 Aug, 2017 12:00am
Panama Papers case: Dar files review petition

Panama Papers case: Dar files review petition

Federal Finance Minister Ishaq Dar on Monday filed a review petition before the Supreme Court, challenging the apex court's July 28 verdict in Panama Papers case through which National Accountability Bureau (NAB) has been asked to file reference against D
Published 22 Aug, 2017 12:00am
Panama Papers case: Dar files review petition

Panama Papers case: Dar files review petition

Federal Finance Minister Ishaq Dar on Monday filed a review petition before the Supreme Court, challenging the apex court's July 28 verdict in Panama Papers case through which National Accountability Bureau (NAB) has been asked to file reference against D
Published 22 Aug, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Nawaz still presiding over party meetings ECP seeks explanation

Nawaz still presiding over party meetings ECP seeks explanation

The Election Commission of Pakistan (ECP) on Monday sought explanation from Pakistan Muslim League-N on the allegation that disqualified Prime Minister Nawaz Sharif is chairing party meetings in violation of election rules. The ECP has summoned PML-N Chai
Published 22 Aug, 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 Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Nawaz still presiding over party meetings ECP seeks explanation

Nawaz still presiding over party meetings ECP seeks explanation

The Election Commission of Pakistan (ECP) on Monday sought explanation from Pakistan Muslim League-N on the allegation that disqualified Prime Minister Nawaz Sharif is chairing party meetings in violation of election rules. The ECP has summoned PML-N Chai
Published 22 Aug, 2017 12:00am
Thunderstorm with heavy downpour hit Karachi

Thunderstorm with heavy downpour hit Karachi

Karachi witnessed thunderstorm that hits the city with heavy rains that on one hand turned hot weather into pleasant and on the other caused power outages in many areas, Aaj News reported late Monday night. Major streets and thoroughfares were flooded wit
Published 22 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Thunderstorm with heavy downpour hit Karachi

Thunderstorm with heavy downpour hit Karachi

Karachi witnessed thunderstorm that hits the city with heavy rains that on one hand turned hot weather into pleasant and on the other caused power outages in many areas, Aaj News reported late Monday night. Major streets and thoroughfares were flooded wit
Published 22 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 21, 2017).

Published 22 Aug, 2017 12:00am
Total solar eclipse mesmerizes America

Total solar eclipse mesmerizes America

Emotional sky-gazers stood transfixed across North America Monday as the Sun vanished behind the Moon in a rare total eclipse that swept the continent coast-to-coast for the first time in nearly a century.
Published 22 Aug, 2017 12:00am
Total solar eclipse mesmerizes America

Total solar eclipse mesmerizes America

Emotional sky-gazers stood transfixed across North America Monday as the Sun vanished behind the Moon in a rare total eclipse that swept the continent coast-to-coast for the first time in nearly a century.
Published 22 Aug, 2017 12:00am
Bids to smuggle foreign currency foiled at Torkham border

Bids to smuggle foreign currency foiled at Torkham border

The custom officials foiled two bids of smuggling of foreign and fake currency from Pakistan to Afghanistan by recovering one million Saudi Riyals and 0.750 million fake Afghani currency notes from two smugglers at Torkham border. Sharing details, superin
Published 22 Aug, 2017 12:00am
THE RUPEE: modest appreciation

THE RUPEE: modest appreciation

The rupee recovered modest ground against the dollar on the money market on Monday in the process of trading, dealers said. The rupee posted fresh gain of 20 paisas in relation to the dollar for buying and selling at Rs 106.30 and Rs 106.50, they said. T
Published 22 Aug, 2017 12:00am
Marvi spot checks NSER survey in Sukkur

Marvi spot checks NSER survey in Sukkur

Chairperson Benazir Income Support Programme (BISP), Marvi Memon Monday visited Sukkur to spot check ongoing survey for National Socio Economic Registry (NSER) update. She visited houses in Nusrat Colony, Tamachi Village and Bagarji where she interacted w
Published 22 Aug, 2017 12:00am
THE RUPEE: modest appreciation

THE RUPEE: modest appreciation

The rupee recovered modest ground against the dollar on the money market on Monday in the process of trading, dealers said. The rupee posted fresh gain of 20 paisas in relation to the dollar for buying and selling at Rs 106.30 and Rs 106.50, they said. T
Published 22 Aug, 2017 12:00am
KMU launches prevention initiative in Kurram Agency

KMU launches prevention initiative in Kurram Agency

Khyber Medical University (KMU) Peshawar with sponsorship of The United Nations World Food (WFP) and in collaboration with Directorate of Health Services FATA has formally launched a programme to prevent stunting in the Kurram Agency. Vice Chancellor KMU,
Published 22 Aug, 2017 12:00am
PM defers CCI meeting till August 28

PM defers CCI meeting till August 28

Prime Minister Shahid Khaqan Abbasi has deferred Council of Common Interests (CCI) meeting till August 28, 2017, according to sources in the Ministry of Inter-Provincial Co-ordination. Sources said that previously the meeting was scheduled for August 23,
Published 22 Aug, 2017 12:00am
PM defers CCI meeting till August 28

PM defers CCI meeting till August 28

Prime Minister Shahid Khaqan Abbasi has deferred Council of Common Interests (CCI) meeting till August 28, 2017, according to sources in the Ministry of Inter-Provincial Co-ordination. Sources said that previously the meeting was scheduled for August 23,
Published 22 Aug, 2017 12:00am
Sindh moves CCI

Sindh moves CCI

The government of Sindh has approached the Council of Common Interests (CCI) to bar federal government from misuse of forums such as the Economic Co-ordination Committee (ECC) of the Cabinet and Cabinet Committee on Energy (CCoE) against Article 154 of th
Published 22 Aug, 2017 12:00am
Sindh moves CCI

Sindh moves CCI

The government of Sindh has approached the Council of Common Interests (CCI) to bar federal government from misuse of forums such as the Economic Co-ordination Committee (ECC) of the Cabinet and Cabinet Committee on Energy (CCoE) against Article 154 of th
Published 22 Aug, 2017 12:00am
Sindh moves CCI

Sindh moves CCI

The government of Sindh has approached the Council of Common Interests (CCI) to bar federal government from misuse of forums such as the Economic Co-ordination Committee (ECC) of the Cabinet and Cabinet Committee on Energy (CCoE) against Article 154 of th
Published 22 Aug, 2017 12:00am
Pakistan to host World XI, Sri Lanka and West Indies

Pakistan to host World XI, Sri Lanka and West Indies

Pakistan Monday announced the return of international cricket to its soil, with three separate sides scheduled to visit after years of isolation over security concerns. A World XI tour kicks off in September followed by a short visit by Sri Lanka for a Tw
Published 22 Aug, 2017 12:00am
Pakistan to host World XI, Sri Lanka and West Indies

Pakistan to host World XI, Sri Lanka and West Indies

Pakistan Monday announced the return of international cricket to its soil, with three separate sides scheduled to visit after years of isolation over security concerns. A World XI tour kicks off in September followed by a short visit by Sri Lanka for a Tw
Published 22 Aug, 2017 12:00am
CA posts over $2 billion deficit in July

CA posts over $2 billion deficit in July

The country''s current account posted a deficit of over $2 billion during the first month of this fiscal year, mainly due to rising goods'' imports/exports disparity. Economists said the rising goods'' imports largely contributed to higher current account
Published 22 Aug, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 22 Aug, 2017 12:00am
CA posts over $2 billion deficit in July

CA posts over $2 billion deficit in July

The country's current account posted a deficit of over $2 billion during the first month of this fiscal year, mainly due to rising goods' imports/exports disparity. Economists said the rising goods' imports largely contributed to higher current account de
Published 22 Aug, 2017 12:00am
CA posts over $2 billion deficit in July

CA posts over $2 billion deficit in July

The country's current account posted a deficit of over $2 billion during the first month of this fiscal year, mainly due to rising goods' imports/exports disparity. Economists said the rising goods' imports largely contributed to higher current account de
Published 22 Aug, 2017 12:00am
LNG operations: First-ever LNG terminal earns $91 million revenue

LNG operations: First-ever LNG terminal earns $91 million revenue

Pakistan''s first-ever LNG terminal at Port Qasim has earned revenue of approximately $ 91 million from LNG operations since the inception of the first LNG terminal in March 2015. FOTCO Oil Terminal at Port Qasim handles roughly 6 to 8 million tons per an
Published 22 Aug, 2017 12:00am
LNG operations: First-ever LNG terminal earns $91 million revenue

LNG operations: First-ever LNG terminal earns $91 million revenue

Pakistan's first-ever LNG terminal at Port Qasim has earned revenue of approximately $ 91 million from LNG operations since the inception of the first LNG terminal in March 2015. FOTCO Oil Terminal at Port Qasim handles roughly 6 to 8 million tons per ann
Published 22 Aug, 2017 12:00am
LNG operations: First-ever LNG terminal earns $91 million revenue

LNG operations: First-ever LNG terminal earns $91 million revenue

Pakistan's first-ever LNG terminal at Port Qasim has earned revenue of approximately $ 91 million from LNG operations since the inception of the first LNG terminal in March 2015. FOTCO Oil Terminal at Port Qasim handles roughly 6 to 8 million tons per ann
Published 22 Aug, 2017 12:00am
Reko Diq project controversy: PM to brief Senate in in-camera session

Reko Diq project controversy: PM to brief Senate in in-camera session

Prime Minister Shahid Khaqan Abbasi on Monday said that he would brief the house about Reko Diq gold and copper mining project controversy in an in-camera session as promised by him when he was minister for petroleum in Sharif administration. In April, th
Published 22 Aug, 2017 12:00am
Reko Diq project controversy: PM to brief Senate in in-camera session

Reko Diq project controversy: PM to brief Senate in in-camera session

Prime Minister Shahid Khaqan Abbasi on Monday said that he would brief the house about Reko Diq gold and copper mining project controversy in an in-camera session as promised by him when he was minister for petroleum in Sharif administration. In April, th
Published 22 Aug, 2017 12:00am
Reko Diq project controversy: PM to brief Senate in in-camera session

Reko Diq project controversy: PM to brief Senate in in-camera session

Prime Minister Shahid Khaqan Abbasi on Monday said that he would brief the house about Reko Diq gold and copper mining project controversy in an in-camera session as promised by him when he was minister for petroleum in Sharif administration. In April, th
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
External account examined
Exchange

External account examined

Finance Minister Ishaq Dar Monday chaired a meeting at the Ministry of Finance to review the external account position, including the current account, trade account, exports, imports, remittances and financing. The meeting was attended by Commerce Ministe
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
BRIndex100 sheds 95.84 points
Exchange

BRIndex100 sheds 95.84 points

Pakistan Stock Exchange witnessed another bearish session Monday. Investors opted to offload their holdings due to concerns over the prevailing political situation in the country. BRIndex100 declined by 95.84 points or 2.04 percent to close at 4,596.85 po
Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
Sartaj-led CDWP approves Rs 37 billion for 15 projects

Sartaj-led CDWP approves Rs 37 billion for 15 projects

A meeting of the Central Development Working Party (CDWP) on Monday approved over Rs 37 billion for 15 development projects of various sectors of economy. The CDWP meeting chaired by Deputy Chairman Planning Commission Sartaj Aziz was put up development p
Published 22 Aug, 2017 12:00am
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