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Dec 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-07
Canadian dollar slides to five-week low
Currency

Canadian dollar slides to five-week low

The Canadian dollar retreated to a five-week low against the US dollar on Thursday after domestic data showing a drop in exports for the third straight month further weakened prospects the Bank of Canada would increase interest rates again this year. Cana
Published 07 Oct, 2017 12:00am
Sri Lankan rupee rises

Sri Lankan rupee rises

The Sri Lankan rupee closed firmer on Friday due to heavy inward remittances and as a bank sold dollars for a stock-related transaction, dealers said. The spot rupee, which was traded at 153.34 per dollar during the day, ended at 153.22/28 per dollar, com
Published 07 Oct, 2017 12:00am
Asian currencies shade lower

Asian currencies shade lower

Asian currencies were modestly lower on Friday as hopes of tax reform in the United States lifted the dollar to seven-week highs, though improving risk sentiment helped contain the losses. The US House of Representatives approved a fiscal 2018 spending bl
Published 07 Oct, 2017 12:00am
Sterling has worst week in a year as political worries grow
Currency

Sterling has worst week in a year as political worries grow

Britain's pound fell to four-weeks lows on Friday, amid growing uncertainty over Prime Minister Theresa May's control of the leadership and strong U.S labour market data that boosted the dollar. Sterling was on track for its worst week in a year against t
Published 07 Oct, 2017 12:00am
Aussie, kiwi down
Currency

Aussie, kiwi down

The Australian dollar extended losses for a second straight session on Friday after a slump in retail sales reaffirmed the need for interest rates to remain at record lows, disappointing those bullish about the local currency. The Australian dollar stumbl
Published 07 Oct, 2017 12:00am
Chicherova doping appeal rejected

Chicherova doping appeal rejected

London Olympic champion Anna Chicherova had her appeal against a doping ban that saw her stripped of Games bronze from Beijing rejected on Friday by the Court of Arbitration for Sport. High jumper Chicherova was stripped of her bronze medal in October 201
Published 07 Oct, 2017 12:00am
15th AKU Inter University Football Tournament begins

15th AKU Inter University Football Tournament begins

The inaugural of the 15th Aga Khan University (AKU) Inter-University Football Tournament was held at the AKU Sports Centre Ground. Dr Ahmad Burq Maqsood, Senior Lecturer/Consultant Ophthalmologist, Department of Surgery, AKU along with Zeeshan Hashmi, Cha
Published 07 Oct, 2017 12:00am
Nadal defies 'tennis ball hair' mishap to sweep into Beijing semis

Nadal defies 'tennis ball hair' mishap to sweep into Beijing semis

Rafael Nadal got some fibre from a tennis ball lodged in his eye but that did not stop the world number one setting up a China Open semi-final on Saturday with "great guy" Grigor Dimitrov. The Spaniard tamed the big-serving American John Isner 6-4, 7-6 (7
Published 07 Oct, 2017 12:00am
India gives 27,000 free tickets to avert World Cup 'embarrassment'

India gives 27,000 free tickets to avert World Cup 'embarrassment'

India gave away 27,000 tickets for the opening games of the Under-17 World Cup in New Delhi on Friday in a bid to avoid the embarrassment of empty stands when Prime Minister Narendra Modi attends, an official said. Thousands of children filled the Jawahar
Published 07 Oct, 2017 12:00am
Iniesta agrees first 'lifetime' contract at Barca

Iniesta agrees first 'lifetime' contract at Barca

Barcelona tied down captain Andres Iniesta for the rest of his career as the club announced on Friday the 33-year-old midfielder has agreed the first "lifetime contract" in Barca's history. "It is a way of rewarding an exceptional player," said Barcelona
Published 07 Oct, 2017 12:00am
Germany, England seal 2018 World Cup berths

Germany, England seal 2018 World Cup berths

Defending champions Germany clinched a place at next year's World Cup in Russia with a 3-1 win in Northern Ireland on Thursday, while England beat Slovenia 1-0 to secure their berth. Sebastian Rudy and Sandro Wagner struck brilliant first-half goals in Be
Published 07 Oct, 2017 12:00am
South Africa top order piles on the runs again

South Africa top order piles on the runs again

South African opening batsmen Dean Elgar and Aiden Markram hit centuries as Bangladesh's bowlers took another pounding on the first day of the second and final Test at Mangaung Oval on Friday. Elgar made 113 and Markram hit 143 as South Africa piled up 42
Published 07 Oct, 2017 12:00am
Pakistan's ODI squad announced

Pakistan's ODI squad announced

Pakistan Cricket Board (PCB) Friday announced the 15-member squad for the five-match ODI series against Sri Lanka in the UAE starting from October 13. With only one change, the national selection committee opted for the same squad which won the Champions
Published 07 Oct, 2017 12:00am
Argentina in peril as World Cup race goes to wire

Argentina in peril as World Cup race goes to wire

Lionel Messi and Argentina's hopes of reaching the 2018 World Cup were left hanging in the balance on Thursday after another stalemate on a nail-biting day of South American qualifying action. Argentina were held to a 0-0 draw in Buenos Aires by Peru, lea
Published 07 Oct, 2017 12:00am
Karunaratne puts Sri Lanka in strong position

Karunaratne puts Sri Lanka in strong position

Opener Dimuth Karunaratne compiled a brilliant century to put Sri Lanka in a commanding position at 254 for three on the opening day of the second day-night Test in Dubai on Friday. The left-hander was unbeaten on 133, adding 118 for an unbroken fourth-wi
Published 07 Oct, 2017 12:00am
Iran vice president's brother arrested

Iran vice president's brother arrested

Iranian Vice President Eshagh Jahangiri said on Friday that his brother, who heads several major tourism projects, had been arrested. Mehdi Jahangiri has interests in large-scale developments, including a new tourism park outside Tehran, as well as a bran
Published 07 Oct, 2017 12:00am
Quake hits off Japan coast

Quake hits off Japan coast

A 6.0-magnitude earthquake hit off the coast of Fukushima in Japan on Friday but there was no risk of a tsunami, officials said. The shallow quake hit at 04:59 pm (0759 GMT), 255 kilometres east of Ishinomaki, according to the United States Geological Sur
Published 07 Oct, 2017 12:00am
Long-running UN mission to Haiti ends

Long-running UN mission to Haiti ends

The long-running United Nations mission in Haiti officially ended on Thursday after 13 years, but its aim of restoring stability in the Caribbean nation has yet to be fully achieved. The end of the United Nations Stabilization Mission in Haiti (MINUSTAH)
Published 07 Oct, 2017 12:00am
British PM fights back after plot to oust her

British PM fights back after plot to oust her

British Prime Minister Theresa May on Friday said she enjoyed the "full support" of her cabinet after a former Conservative Party chairman admitted he was behind a plot by around 30 MPs to urge her to resign. "What the country needs is calm leadership and
Published 07 Oct, 2017 12:00am
Moscow slams US for pressure on Russian media

Moscow slams US for pressure on Russian media

The Kremlin on Friday criticised "unprecedented pressure" on Russian media in the United States and warned of possible reciprocal action. The US Department of Justice has ordered the state-funded RT media group, a television channel which broadcasts in En
Published 07 Oct, 2017 12:00am
Spain apologises to injured Catalans

Spain apologises to injured Catalans

A Spanish government official Friday offered the first apology to Catalans injured by police during their outlawed independence vote as the sides showed tentative signs of seeking an exit from the crisis. In Spain's deepest political crisis in decades, Ca
Published 07 Oct, 2017 12:00am
At least 16 killed as train hits bus in Russia

At least 16 killed as train hits bus in Russia

At least 16 people were killed on Friday when a train slammed into a bus that had broken down on a level crossing east of Moscow, authorities said. The collision occurred before dawn on Friday near the town of Pokrov, some 110 kilometres (70 miles) from t
Published 07 Oct, 2017 12:00am
Popular Amsterdam mayor dies

Popular Amsterdam mayor dies

Amsterdam's popular mayor Eberhard van der Laan, widely seen as the embodiment of the Dutch capital's reputation for tolerance, has died of lung cancer aged 62, the city announced Friday. Condolences poured in throughout the day with European Commission c
Published 07 Oct, 2017 12:00am
PDWP okays two road schemes

PDWP okays two road schemes

The Punjab Provincial Development Working Party approved two schemes of roads sector with an estimated cost of Rs 4 billion in its 20th meeting of current fiscal year presided over by Chairman P&D Muhammad Jahanzeb Khan. Secretary P&D Iftikhar Ali Sahoo,
Published 07 Oct, 2017 12:00am
Nawaz can't escape accountability: Qadri

Nawaz can't escape accountability: Qadri

Pakistan Awami Tehreek (PAT) chief Allama Tahir ul Qadri has said that despite all unfair means and accusations against the Army and the judiciary, the disqualified prime minister Nawaz Sharif cannot escape accountability.
Published 07 Oct, 2017 12:00am
Miani Sahib Graveyard inaugurated

Miani Sahib Graveyard inaugurated

Deputy Commissioner Lahore Sumair Ahmed Syed on Friday inaugurated the construction and up-gradation work of Janazgha Miani Sahib Graveyard. The ceremony was attended by Additional Advocate General Punjab Umer Farooq Khan, legal advisor of Miani Sahib Gra
Published 07 Oct, 2017 12:00am
ITU holds seminar on 'Information Retrieval Skills'

ITU holds seminar on 'Information Retrieval Skills'

Pakistan's first leading Research University, the Information Technology University (ITU) library in collaboration with Quality Enhancement Cell (QEC) of the University organized a session on "Optimizing Information Searching and Retrieval Skills" here Fr
Published 07 Oct, 2017 12:00am
Shahbaz inaugurates 100-bed hospital

Shahbaz inaugurates 100-bed hospital

Chief Minister of Punjab Shahbaz Sharif said on Friday that the political opponents who have leveled allegations against him will be called 'IG of liars' if they fail to give proofs against him in the court of law. "All the people belonging to different s
Published 07 Oct, 2017 12:00am
LCCI seeks early discussion over imposition of RD on 250 items

LCCI seeks early discussion over imposition of RD on 250 items

The Lahore Chamber of Commerce & Industry has called for an immediate consultation over the imposition of additional regulatory duty on 250 items to ensure business-friendly decisions. LCCI President Malik Tahir Javed on Friday quoting news said that arou
Published 07 Oct, 2017 12:00am
Estate agents concerned over hike in tax rate

Estate agents concerned over hike in tax rate

Property dealers have raised concerns over high tax rate by the Punjab Revenue Authority (PRA). The dealers expressed these concerns in a seminar arranged by the PRA to create awareness on the provincial tax. Meanwhile, the participants of the seminar acc
Published 07 Oct, 2017 12:00am
EX-VP of Pak-Turk Schools: LHC extends stay against possible deportation

EX-VP of Pak-Turk Schools: LHC extends stay against possible deportation

The Lahore High Court on Friday extended stay against possible deportation of former vice president of Pak-Turk Schools Mesut Kacmaz and his family for two weeks after a lawyer representing the government told the court that enforcement agencies had been
Published 07 Oct, 2017 12:00am
Illegal plots' transfer: NAB Lahore arrests two LDA officials

Illegal plots' transfer: NAB Lahore arrests two LDA officials

National Accountability Bureau (NAB) Lahore has arrested Lahore Development Authority (LDA)'s senior accountant, Khalid Iqbal and co-accused Muhammad Abbas Ali, who is former Assistant in LDA for their involvement in a scam of illegal exemptions of plots
Published 07 Oct, 2017 12:00am
LGH to host workshop

LGH to host workshop

The Medical Unit II of Lahore General Hospital will host a workshop on "hands on diabetic workshops" from October 9 to 30, to train the staff of medical, surgical, gynae and nursing departments. These four sessions of workshop would take place on October
Published 07 Oct, 2017 12:00am
Karachi may sizzle at 40° Celsius

Karachi may sizzle at 40° Celsius

In a weather advisory, the Pakistan Meteorological department said that "Due to the developing low pressure area off Indian Coast in the Arabian Sea, the sea breeze along Pakistani coastline will weaken. Under such conditions, temperatures along Pakistan
Published 07 Oct, 2017 12:00am
Ansari for providing better health facilities to masses

Ansari for providing better health facilities to masses

The State Minister for Textile Haji Muhammad Akram Ansari has said that the government's primary focus is provision of quality and advanced healthcare facilities to the masses and a number of revolutionary steps have been taken to strengthen health sector
Published 07 Oct, 2017 12:00am
Efforts to initiate direct trade between Iran, Pakistan under way: envoy

Efforts to initiate direct trade between Iran, Pakistan under way: envoy

The Iranian Ambassador to Pakistan Mehdi Honardoost on Friday said that Iran and Pakistan are enjoying cordial relations since long are extending cooperation each other on mutual interests. Addressing the members of Sialkot Chamber of Commerce and Industr
Published 07 Oct, 2017 12:00am
'Intervention of UN must for peace in occupied Kashmir'

'Intervention of UN must for peace in occupied Kashmir'

Barrister Sultan Mehmood Choudhary, former Prime Minister of Azad Kashmir and Dr. Ghulam Nabi Fai, Secretary General, World Kashmir Awareness Forum in a memorandum submitted to the Secretary General of the United Nations, Antonio Guterres urged the UN to
Published 07 Oct, 2017 12:00am
Gap in imports & exports detrimental to economy: Chawla
Cotton

Gap in imports & exports detrimental to economy: Chawla

The widening gap between imports and exports is detrimental to the national economy and government must take immediate and necessary measures to curtail the unnecessary imports by encouraging their local substitutes, said Shabbir Hussain Chawla President
Published 07 Oct, 2017 12:00am
Plan to protect water resources unveiled

Plan to protect water resources unveiled

Nestlé Pakistan with Lahore University of Management Sciences (LUMS) on Wednesday unveiled a 'Water Plan' at LUMS with the aim to bring together multiple partners to preserve and protect water resources by leveraging research and technology to reduce and
Published 07 Oct, 2017 12:00am
DG immigration asked to update laws to facilitate citizens

DG immigration asked to update laws to facilitate citizens

Minister for Interior Ahsan Iqbal Friday said that the Directorate General of Immigration and Passport should review its current laws to further facilitate citizens and meet new challenges. "We are living in the 21st century but relevant laws of the depar
Published 07 Oct, 2017 12:00am
0.2 million children enrolled in Fata schools in six months

0.2 million children enrolled in Fata schools in six months

Over 200,000 children have been enrolled in various schools of Federally Administrated Tribal Areas (FATA) from April to October this year under the education emergency program of the Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra. A spokesman for FATA Se
Published 07 Oct, 2017 12:00am
Jadhav case discussed at AG office

Jadhav case discussed at AG office

A high-level meeting was held over the issue of India's case in International Court of Justice over Indian RAW officer Commander Kulbhushan Jadhav, who has been sentenced to death by a military court. The meeting was held at Attorney General Office which
Published 07 Oct, 2017 12:00am
Pakistan keen to develop cultural linkages with Cuba: Marriyum
Exchange

Pakistan keen to develop cultural linkages with Cuba: Marriyum

Pakistan is keen to develop cultural linkages with Cuba as cultures help people connect with each other to understand their diverse traits, values and traditions. Marriyum Aurangzeb, Minister of State for Information, Broadcasting and National Heritage st
Published 07 Oct, 2017 12:00am
Awareness session on 'financial literacy' held at RCCI
Exchange

Awareness session on 'financial literacy' held at RCCI

As part of its Investor Education Program and Financial Literacy the Securities and Exchange Commission of Pakistan (SECP) conducted an investor awareness session at Rawalpindi Chamber of Commerce and Industry as part of World Investor week 2017 here Frid
Published 07 Oct, 2017 12:00am
Ex-judge files petition against PHC verdict

Ex-judge files petition against PHC verdict

A former judge of the Islamabad High Court on Tuesday filed an appeal before the Supreme Court against the judgment of the Peshawar High Court which dismissed his plea seeking confirmation as a judge of the IHC. Azim Khan Afridi was appointed as additiona
Published 07 Oct, 2017 12:00am
Zubair for providing easy access to avenues of justice

Zubair for providing easy access to avenues of justice

The topmost responsibility of any government is to ensure easy public accessibility to the avenues of justice, said Governor of Sindh, Muhammad Zubair here on Friday. In a meeting with Sindh Ombudsman, Syed Ashraf Asad Malik, he also emphasized the utmost
Published 07 Oct, 2017 12:00am
Mayor reviews revenue collection from markets, shops

Mayor reviews revenue collection from markets, shops

Mayor Karachi Wasim Akhtar presided over a meeting of the Estate Department to review the revenue collection from markets and shops in the city. A committee comprising of Chairman of Estate Committee Nasir Khan Taimuri, Chairman Finance Committee Nadeem H
Published 07 Oct, 2017 12:00am
Investigators suspect 'Blue Whale' stunts behind women stabbing

Investigators suspect 'Blue Whale' stunts behind women stabbing

The investigators have extended the probe to spellbindingly malicious social networking task-oriented game 'Blue Whale' or similar dares to ascertain the motive behind stabbing attacks in the city. A nearly dozen women have so far been stabbed at differen
Published 07 Oct, 2017 12:00am
Seven recommended for NA deputy secretaries' posts

Seven recommended for NA deputy secretaries' posts

The Federal Public Service Commission (FPSC) has recommended seven candidates for appointment against the post of Deputy Secretaries (BS-19), National Assembly Secretariat Islamabad. According to a press release issued by FPSC, the candidates recommended
Published 07 Oct, 2017 12:00am
Nationwide public awareness drive 'Pehlay Zindagi' launched

Nationwide public awareness drive 'Pehlay Zindagi' launched

A nationwide public awareness campaign entitled "Pehlay Zindagi: Give Way to Ambulances - Give Way to Life" was launched here at a ceremony on Friday. The campaign draws attention to an important healthcare issue in Pakistan as part of the wider Internati
Published 07 Oct, 2017 12:00am
Community girl takes over as secretary Human Rights

Community girl takes over as secretary Human Rights

As part of a global initiative and under 'Because I Am a Girl' (BIAAG) Movement, Plan International supports young girls and women to symbolically takeover leadership roles in political, economic and social spaces. This initiative designed to give promine
Published 07 Oct, 2017 12:00am
NUST establishes country's first 'Patent Wall'

NUST establishes country's first 'Patent Wall'

National University of Sciences and Technology (NUST) has established the country's first patent wall. Rector NUST, Lieutenant General Naweed Zaman (retd), inaugurated the wall on Friday at NUST Centre for Innovation and Entrepreneurship, says a press rel
Published 07 Oct, 2017 12:00am
PKR under pressure: 'Country may face serious BoP issues'
Currency

PKR under pressure: 'Country may face serious BoP issues'

Given the existing trend and in the absence of clear policy Pakistan is likely to face serious balance of payment issues from March-April 2018 thus forcing the government to request global lenders to provide financial assistance. This was stated by Dr Ash
Published 07 Oct, 2017 12:00am
Corps Commander meets governor

Corps Commander meets governor

Corps Commander Lahore Lt General Sadiq Ali Friday paid a farewell call on Punjab Governor Rafique Rajwana in Lahore. Speaking on the occasion, Rajwana said that the entire nation stands by the armed forces in performing their sacred obligation of defence
Published 07 Oct, 2017 12:00am
Pak-Afghan ties: Sherpao expresses satisfaction over breakthrough

Pak-Afghan ties: Sherpao expresses satisfaction over breakthrough

Chairman Qaumi Wantan Party (QWP) Aftab Ahmad Khan Sherpao has expressed satisfaction over the breakthrough in ties between the brotherly countries of Pakistan and Afghanistan and welcomed General Bajwa recent visit to Afghan and also appreciated the sens
Published 07 Oct, 2017 12:00am
Anti-polio drive in 6 KP districts to begin on October 9

Anti-polio drive in 6 KP districts to begin on October 9

Emergency Operations Center Khyber Pakhtunkhwa has decided to carry out case response in Lakki Marwat, D I Khan, Hangu, Karak, Tank, Bannu and Hangu districts of the province following the report of the polio case from Lakki Marwat district last month.
Published 07 Oct, 2017 12:00am
KP government asked to address reservations on proposed PDA bill

KP government asked to address reservations on proposed PDA bill

Employees of Peshawar Development Authority have voiced concern over the proposed PDA Bill 2017, which they termed against their interest. They demanded of the provincial government to address their reservations on the Bill before its proper enactment fro
Published 07 Oct, 2017 12:00am
Water plays vital role in country's power dynamics: GM SIDA

Water plays vital role in country's power dynamics: GM SIDA

General Manager (Transition) Sindh Irrigation and Drainage Authority (SIDA) Nazeer A. Essani Memon said that water plays vital role in power dynamics of Pakistan, one who controls water is believed to be a powerful.
Published 07 Oct, 2017 12:00am
Rauf Siddiqui meets Musharraf

Rauf Siddiqui meets Musharraf

Muttahida Qaumi Movement-Pakistan (MQM-P) leader Rauf Siddiqui has met former President and APML chief General Pervez Musharraf (retd). Reports said that Siddiqui met General Musharraf (retd) in Dubai and held detailed discussion with him over the politic
Published 07 Oct, 2017 12:00am
KU Professor Mutahir Ahmed laid to rest

KU Professor Mutahir Ahmed laid to rest

Professor Dr Shaikh Mutahir Ahmed was laid to rest at the Karachi University's graveyard, here on Friday. He died of cancer, a day earlier. He was 54. Dr Mutahir Ahmed's funeral prayers were offered at the Jamia Masjid Ibrahim at the university. A large n
Published 07 Oct, 2017 12:00am
Government-army clash not a good omen: Asim

Government-army clash not a good omen: Asim

Pakistan Peoples' Party leader Dr Asim Hussain said on Friday that the government's clash with the army leadership is not good for Pakistan. Speaking at Jinnah International Airport after his return from London, he said that the Pakistan Peoples' Party (P
Published 07 Oct, 2017 12:00am
MCC Hyderabad surpasses collection target during first quarter

MCC Hyderabad surpasses collection target during first quarter

The Model Customs Collectorate (MCC) Hyderabad has surpassed the revenue in respect of customs duty, sales tax and federal excise duty as well as overall target for the Q1. The MCC collected Rs 3.362 billion against the target of Rs 2.491 billion assigned
Published 07 Oct, 2017 12:00am
Two-day PFE to commence on December 11

Two-day PFE to commence on December 11

Pakistan Franchise Expo (PFE), the premier event for Pakistan's franchise industry, will be held at the Karachi Expo Centre from December 11 to 12, 2017. From domestic or international expansion to selling single units, area developments or master franchi
Published 07 Oct, 2017 12:00am
PBIF opposes impounding of Afghan Transit Trade cargo

PBIF opposes impounding of Afghan Transit Trade cargo

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has urged that the Afghan Transit Trade (ATT) cargo should not be stopped illegally on way to Afghanistan. "The practice of impounding vehicles carrying ATT cargo in Baloc
Published 07 Oct, 2017 12:00am
NAB KP files reference in Hajj scam

NAB KP files reference in Hajj scam

National Accountability Bureau (NAB), Khyber Pakhtunkhwa, has formally filed a reference against the accused Ameer Ahmed Shah, Shahid Hussain, Humayun Khan and Naveed Akhtar (Traveling Agents), the owners of Al-Mustafa Manpower Agency Shakoor Japan at Cha
Published 07 Oct, 2017 12:00am
Shehzad Chamdia appointed PSX director
Exchange

Shehzad Chamdia appointed PSX director

Shehzad Chamdia has been appointed as Director of Pakistan Stock Exchange Limited (PSX). According to a notice issued by PSX on Friday, Shehzad Chamdia has been appointed PSX Director with effect from September 22, 2017 in place of Muhammad Yasin Lakhani.
Published 07 Oct, 2017 12:00am
Partly Facetious: Textbook democracy?

Partly Facetious: Textbook democracy?

"The army, the ISPR chief stated, believes in the rule of law and democracy, or so some government supporters are pointing out while the statement that sometimes silence is itself a response is being quoted by those who are inclined to be against the gove
Published 07 Oct, 2017 12:00am
Mamnoon exhorts universities to strengthen socio-economic structure

Mamnoon exhorts universities to strengthen socio-economic structure

President Mamnoon Hussain on Friday said that universities and other educational institutions had an additional responsibility of developing human resource and strengthening the country's socio-economic structure. The President was talking to Chancellor o
Published 07 Oct, 2017 12:00am
Companies Act 2017: cash dividend to be paid electronically

Companies Act 2017: cash dividend to be paid electronically

All cash dividends will only be paid electronically to shareholder's account with effect from November 1, 2017. The provision of Section 242 of Companies Act 2017 states that any dividend payable in cash shall only be paid through electronic mode directly
Published 07 Oct, 2017 12:00am
SECP plans events to celebrate World Investor Week
Exchange

SECP plans events to celebrate World Investor Week

The Securities and Exchange Commission of Pakistan (SECP) launched celebrations of the World Investor Week (WIW) 2017 through its nationwide educational activities. A variety of events were launched during the week where experts from private, public, acad
Published 07 Oct, 2017 12:00am
IEP to set up 'Technology Park' at Gwadar

IEP to set up 'Technology Park' at Gwadar

Institution of Engineers, Pakistan (IEP) has planned to set up a Technology Park and a housing society at Gwadar to provide professional support to China-Pakistan Economic Corridor (CPEC). The progress to this effect was reviewed at its 301st Central Coun
Published 07 Oct, 2017 12:00am
FUIC organises 'Annual Day'

FUIC organises 'Annual Day'

Foundation University Islamabad Campus (FUIC) organized its Annual Day on Friday. Major General Khadim Hussain(retd), HI(M), Rector Foundation University Islamabad, was the chief guest while Major General Dr Akhtar Waheed (retd), HI(M), Director Foundatio
Published 07 Oct, 2017 12:00am
Lecture on 'animal health economics' held at CAPRIL

Lecture on 'animal health economics' held at CAPRIL

The Center for applied policy research in Livestock (CAPRIL) and UVAS Business School of the University of Veterinary and Animals Sciences Lahore organized a lecture on the topic of "Animal Health Economics" here on Friday.
Published 07 Oct, 2017 12:00am
'Man posing as army major held in Karachi'

'Man posing as army major held in Karachi'

Sindh Rangers claimed on Friday to have arrested a man posing as an army major to swindle people during snap checking in Gulistan-e-Jauhar area, said a press release issued by the paramilitary force. Muhammad Rafiq, the con man, introduced himself as Majo
Published 07 Oct, 2017 12:00am
Oil tanker overturns near Nawabshah

Oil tanker overturns near Nawabshah

An oil tanker carrying 50,000 spirit fuel commuting on National Highway from Faisalabad to Karachi overturned near Qazi Ahmed area on Friday, informed local police officials.
Published 07 Oct, 2017 12:00am
Shaheen Air's post-Hajj operation concludes

Shaheen Air's post-Hajj operation concludes

Shaheen Air International (SAI) has completed its post-Hajj operations on October 5, wrapping up its largest Hajj operation to date. During this period, the airline flew around 49,000 pilgrims from Jeddah and Madinah to various cities across Pakistan. The
Published 07 Oct, 2017 12:00am
'Knifeman' attacks two more women

'Knifeman' attacks two more women

Two more women were attacked with sharp object in Karachi's Pehlwan Goth vicinity and Gulistan Jauhar late Thursday and Friday, after the police arrested 16 suspects.
Published 07 Oct, 2017 12:00am
11 victims of Jhal Magsi blast being treated at LGH: minister

11 victims of Jhal Magsi blast being treated at LGH: minister

Eleven of the injured victims of blast at Jhal Magsi shrine are presently under treatment at the Intensive Care Unit (ICU) of Larkana General Hospital. Sindh Health Minister Dr Sikandar Mahendero here on Friday told media that the victims were transported
Published 07 Oct, 2017 12:00am
FM Asif voices concern over role assigned to India in the region

FM Asif voices concern over role assigned to India in the region

Foreign Minister Khawaja Muhammad Asif has said that his meeting with Secretary Tillerson was an important interaction after President Trump announced US South Asia Strategy on August 21. At his interaction with US & Foreign Media at the Embassy late nigh
Published 07 Oct, 2017 12:00am
Fraud case: arrest made

Fraud case: arrest made

The Federal Investigation Agency (FIA) on Friday claimed on Friday to have arrested an accomplice of the former member of a bank, who allegedly misappropriated a sum of Rs 11.5 million. A spokesman for the agency said the accomplice, identified as Aamir H
Published 07 Oct, 2017 12:00am
Iraq's envoy rejects Kurdish referendum

Iraq's envoy rejects Kurdish referendum

Ambassador of the Republic of Iraq to the Islamic Republic of Pakistan, Dr Ali Yassin Mohammed Karim rejecting Kurdish Regional Government's (KRG) referendum asserted that states are not to be established on the basis of race as per the contemporary inter
Published 07 Oct, 2017 12:00am
European delegation meets Khursheed Shah

European delegation meets Khursheed Shah

A delegation comprising Lord Malcolm Gray Bruce, Baron Bruce of Bennachie, British Liberal Democrat politician, and Archie D Lightfoot, Project Director DAI Europe, and Haris Khaliq from DRI called on Leader of the Opposition in National Assembly Syed Khu
Published 07 Oct, 2017 12:00am
Chinese envoy calls on PM

Chinese envoy calls on PM

Outgoing Chinese Ambassador Sun Weidong made a farewell call on Prime Minister Shahid Khaqan Abbasi at Prime Minister's office on Friday. The Prime Minister commended the services of the outgoing ambassador in further strengthening and deepening the stron
Published 07 Oct, 2017 12:00am
PIA to introduce special flights from major cities to GB, Skardu

PIA to introduce special flights from major cities to GB, Skardu

Pakistan International Airlines (PIA) would soon start special flight operation from major cities including Lahore and Karachi to Gilgit and Skardu offering weekend and holiday packages in order to promote tourism activities in northern areas of the count
Published 07 Oct, 2017 12:00am
NDMA, Oxfam GB ink MoC

NDMA, Oxfam GB ink MoC

National Disaster Management Authority (NDMA) signed a Memorandum of Cooperation (MoC) with Oxfam GB on Friday to promote a culture of prevention, mitigation and better & enhanced preparedness ahead of disasters to make communities more resilient by joint
Published 07 Oct, 2017 12:00am
AIPS Asia Congress 2017: Marriyum vows to revive sports and heritage

AIPS Asia Congress 2017: Marriyum vows to revive sports and heritage

Minister of State for Information and Broadcasting, Marriyum Aurangzeb has said that the government is determined to accomplish challenging task of revival of sports, films and national heritage in the country. She was speaking at the 20th International S
Published 07 Oct, 2017 12:00am
AIPS Asia Congress 2017: Marriyum vows to revive sports and heritage

AIPS Asia Congress 2017: Marriyum vows to revive sports and heritage

Minister of State for Information and Broadcasting, Marriyum Aurangzeb has said that the government is determined to accomplish challenging task of revival of sports, films and national heritage in the country. She was speaking at the 20th International S
Published 07 Oct, 2017 12:00am
NCHD teachers will get salaries: Senate body assured

NCHD teachers will get salaries: Senate body assured

The Senate Standing Committee on Less Developed Areas has said that the government and federal cabinet are approving subsidies for traders and writing off loans of the industrialists but are unwilling to provide small funds for the salaries of the NCHD te
Published 07 Oct, 2017 12:00am
Air Marshal Farooq Habib appointed VCAS

Air Marshal Farooq Habib appointed VCAS

The government has appointed Air Marshal Farooq Habib as Vice Chief of the Air Staff (VCAS), Pakistan Air Force (PAF), said a statement issue here by media directorate of PAF on Friday. Air Marshal Farooq Habib was commissioned in the GD (P) Branch of Pak
Published 07 Oct, 2017 12:00am
Country needs brilliant bureaucrats

Country needs brilliant bureaucrats

This is apropos a Business Recorder op-ed "'Where have all the good bureaucrats gone'" carried by the newspaper yesterday. The writer, Shabir Ahmed, has argued that "The widely held opinion that the Army and the Judiciary are the only two 'working'
Published 07 Oct, 2017 12:00am
Russia's Rosneft aims for big boost in oil exports to China

Russia's Rosneft aims for big boost in oil exports to China

Russia's largest oil producer Rosneft wants to boost its supplies of oil to China through Kazakhstan to as much as 18 million tonnes (36,000 bpd) per year from around 10 million tonnes in 2017, three industry sources said on Friday. Such a big increase ma
Published 07 Oct, 2017 12:00am
Border control, management: utilization of technology
Exchange

Border control, management: utilization of technology

Pakistan faces border issues with Afghanistan and, to some extent, with Iran. Peaceful and secure borders between nations can ensure uninterrupted connectivity and trade that could lead to security and development. For countries with poorly and ill-define
Published 07 Oct, 2017 12:00am
BoI's grand plan

BoI's grand plan

It has been reported that the Board of Investment (BoI) is aiming to increase Pakistan's FDI to $ 250 billion by 2025 and is developing a long-term strategy to maximize benefits from the China-Pakistan Economic Corridor (CPEC) with a view to achieving the
Published 07 Oct, 2017 12:00am
Needless friction

Needless friction

The Rangers officers at the Federal Judicial Complex where former prime minister Mian Nawaz Sharif was to appear before a NAB accountably court may not have behaved subserviently towards their civilian boss, Interior Minister Ahsan Iqbal, in refusing to l
Published 07 Oct, 2017 12:00am
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