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Print - 2017-10-10
SJC takes up reference against LHC judge

SJC takes up reference against LHC judge

Supreme Judicial Council on Monday took up the reference filed against a sitting judge of Lahore High Court, Justice Muhammad Farrukh Irfan Khan, on Monday. Sources revealed that during the proceedings of the Supreme Judicial Council led by Chief Justice
Published 10 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
Thaler wins Nobel for 'making economics more human'

Thaler wins Nobel for 'making economics more human'

US economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human. Bridging the gap between economics and psychology, Thaler's research focuses on b
Published 10 Oct, 2017 12:00am
Thaler wins Nobel for 'making economics more human'

Thaler wins Nobel for 'making economics more human'

US economist Richard Thaler won the Nobel Economics prize on Monday for showing that economic and financial decision-makers are not always rational, but mostly deeply human. Bridging the gap between economics and psychology, Thaler's research focuses on b
Published 10 Oct, 2017 12:00am
'Days of depending on US are over': PM

'Days of depending on US are over': PM

The days of Pakistan depending on the US to meet its military and other requirements are over, Prime Minister Shahid Khaqan Abbasi said in an interview with Saudi "Arab News". The world should recognize Pakistan's efforts in fighting the "world's war" on
Published 10 Oct, 2017 12:00am
'Days of depending on US are over': PM

'Days of depending on US are over': PM

The days of Pakistan depending on the US to meet its military and other requirements are over, Prime Minister Shahid Khaqan Abbasi said in an interview with Saudi "Arab News". The world should recognize Pakistan's efforts in fighting the "world's war" on
Published 10 Oct, 2017 12:00am
Army chief warns enemies against aggression

Army chief warns enemies against aggression

Chief of the Army Staff, General Qamar Bajwa Monday said that the enemy would bear irreparable loss in case of any aggression. The army chief delivered an address to the passing out cadets of Pakistan Air Force Asghar Khan Academy and said that the milita
Published 10 Oct, 2017 12:00am
Army chief warns enemies against aggression

Army chief warns enemies against aggression

Chief of the Army Staff, General Qamar Bajwa Monday said that the enemy would bear irreparable loss in case of any aggression. The army chief delivered an address to the passing out cadets of Pakistan Air Force Asghar Khan Academy and said that the milita
Published 10 Oct, 2017 12:00am
'CPEC will end sense of deprivation in Balochistan'

'CPEC will end sense of deprivation in Balochistan'

Federal Minister for Interior and Narcotics Control Ahsan Iqbal Monday said that China-Pakistan Economic Corridor (CPEC), a masterpiece of ties between the two countries, was meant to connect the regional nations. "The CPEC is not against any country but
Published 10 Oct, 2017 12:00am
'CPEC will end sense of deprivation in Balochistan'

'CPEC will end sense of deprivation in Balochistan'

Federal Minister for Interior and Narcotics Control Ahsan Iqbal Monday said that China-Pakistan Economic Corridor (CPEC), a masterpiece of ties between the two countries, was meant to connect the regional nations. "The CPEC is not against any country but
Published 10 Oct, 2017 12:00am
''CPEC will end sense of deprivation in Balochistan''

''CPEC will end sense of deprivation in Balochistan''

Federal Minister for Interior and Narcotics Control Ahsan Iqbal Monday said that China-Pakistan Economic Corridor (CPEC), a masterpiece of ties between the two countries, was meant to connect the regional nations. "The CPEC is not against any country but
Published 10 Oct, 2017 12:00am
Nawaz to be indicted on October 13; arrest warrants issued for sons

Nawaz to be indicted on October 13; arrest warrants issued for sons

The Accountability Court on Monday fixed the date of October 13 for indictment of former Prime Minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Muhammad Safdar (retd) in graft references filed against them by National Account-abilit
Published 10 Oct, 2017 12:00am
Nawaz to be indicted on October 13; arrest warrants issued for sons

Nawaz to be indicted on October 13; arrest warrants issued for sons

The Accountability Court on Monday fixed the date of October 13 for indictment of former Prime Minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Muhammad Safdar (retd) in graft references filed against them by National Account-abilit
Published 10 Oct, 2017 12:00am
Rising world hunger requires rural rethink: UN

Rising world hunger requires rural rethink: UN

A sudden rise in hunger across the globe will require a new emphasis on developing rural economies, the United Nations said on Monday. After steadily declining for a decade, 2016 saw an increase in hunger, with 815 million people, or 11 percent of the wor
Published 10 Oct, 2017 12:00am
Rising world hunger requires rural rethink: UN

Rising world hunger requires rural rethink: UN

A sudden rise in hunger across the globe will require a new emphasis on developing rural economies, the United Nations said on Monday. After steadily declining for a decade, 2016 saw an increase in hunger, with 815 million people, or 11 percent of the wor
Published 10 Oct, 2017 12:00am
BRIndex100 loses 30.76 points
Exchange

BRIndex100 loses 30.76 points

Despite foreign buying, Pakistan Stock Exchange on Monday witnessed bearish trend due to selling by local investors. BRIndex100 lost 30.76 points or 0.69 percent to close at 4,455.14 points. During the session, the BRIndex100 touched an intraday high of 4
Published 10 Oct, 2017 12:00am
BRIndex100 loses 30.76 points
Exchange

BRIndex100 loses 30.76 points

Despite foreign buying, Pakistan Stock Exchange on Monday witnessed bearish trend due to selling by local investors. BRIndex100 lost 30.76 points or 0.69 percent to close at 4,455.14 points. During the session, the BRIndex100 touched an intraday high of 4
Published 10 Oct, 2017 12:00am
BRIndex100 loses 30.76 points
Exchange

BRIndex100 loses 30.76 points

Despite foreign buying, Pakistan Stock Exchange on Monday witnessed bearish trend due to selling by local investors. BRIndex100 lost 30.76 points or 0.69 percent to close at 4,455.14 points. During the session, the BRIndex100 touched an intraday high of 4
Published 10 Oct, 2017 12:00am
First quarter fiscal deficit restricted to 0.9 percent: government

First quarter fiscal deficit restricted to 0.9 percent: government

The government claimed on Monday that fiscal deficit has been restricted to 0.9 percent during the first quarter of the current fiscal year despite higher development spending. A senior official of Finance Ministry, who attended the meeting on fiscal oper
Published 10 Oct, 2017 12:00am
First quarter fiscal deficit restricted to 0.9 percent: government

First quarter fiscal deficit restricted to 0.9 percent: government

The government claimed on Monday that fiscal deficit has been restricted to 0.9 percent during the first quarter of the current fiscal year despite higher development spending. A senior official of Finance Ministry, who attended the meeting on fiscal oper
Published 10 Oct, 2017 12:00am
First quarter fiscal deficit restricted to 0.9 percent: government

First quarter fiscal deficit restricted to 0.9 percent: government

The government claimed on Monday that fiscal deficit has been restricted to 0.9 percent during the first quarter of the current fiscal year despite higher development spending. A senior official of Finance Ministry, who attended the meeting on fiscal oper
Published 10 Oct, 2017 12:00am
Deregulation of HSD may be notified today

Deregulation of HSD may be notified today

The government is likely to issue a notification on Tuesday (today) regarding deregulation of high speed diesel (HSD) price after seeking its approval from the federal Cabinet, which is scheduled to meet Tuesday under the chairmanship of Prime Minister Sh
Published 10 Oct, 2017 12:00am
Deregulation of HSD may be notified today

Deregulation of HSD may be notified today

The government is likely to issue a notification on Tuesday (today) regarding deregulation of high speed diesel (HSD) price after seeking its approval from the federal Cabinet, which is scheduled to meet Tuesday under the chairmanship of Prime Minister Sh
Published 10 Oct, 2017 12:00am
Deregulation of HSD may be notified today

Deregulation of HSD may be notified today

The government is likely to issue a notification on Tuesday (today) regarding deregulation of high speed diesel (HSD) price after seeking its approval from the federal Cabinet, which is scheduled to meet Tuesday under the chairmanship of Prime Minister Sh
Published 10 Oct, 2017 12:00am
SBP extends subsidy on export of wheat up to October 30

SBP extends subsidy on export of wheat up to October 30

Following the directives of the federal government, State Bank of Pakistan (SBP) has announced to extend the subsidy on export of wheat and its products up to October 30, 2017. According to SBP, in term of the Ministry of National Food Security and Resear
Published 10 Oct, 2017 12:00am
SBP extends subsidy on export of wheat up to October 30

SBP extends subsidy on export of wheat up to October 30

Following the directives of the federal government, State Bank of Pakistan (SBP) has announced to extend the subsidy on export of wheat and its products up to October 30, 2017. According to SBP, in term of the Ministry of National Food Security and Resear
Published 10 Oct, 2017 12:00am
SBP extends subsidy on export of wheat up to October 30

SBP extends subsidy on export of wheat up to October 30

Following the directives of the federal government, State Bank of Pakistan (SBP) has announced to extend the subsidy on export of wheat and its products up to October 30, 2017. According to SBP, in term of the Ministry of National Food Security and Resear
Published 10 Oct, 2017 12:00am
Five dead in Quetta sectarian attack

Five dead in Quetta sectarian attack

Gunmen Monday killed five people including three Shias in the latest sectarian attack on the religious minority in Quetta, police said. Two men on a motorbike attacked a vehicle carrying four Shia vegetable sellers as it left the provincial capital Quetta
Published 10 Oct, 2017 12:00am
Five dead in Quetta sectarian attack

Five dead in Quetta sectarian attack

Gunmen Monday killed five people including three Shias in the latest sectarian attack on the religious minority in Quetta, police said. Two men on a motorbike attacked a vehicle carrying four Shia vegetable sellers as it left the provincial capital Quetta
Published 10 Oct, 2017 12:00am
SJC takes up reference against LHC judge

SJC takes up reference against LHC judge

Supreme Judicial Council on Monday took up the reference filed against a sitting judge of Lahore High Court, Justice Muhammad Farrukh Irfan Khan, on Monday. Sources revealed that during the proceedings of the Supreme Judicial Council led by Chief Justice
Published 10 Oct, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Oct, 2017 12:00am
Trade unions back demands of dockers of Madagascar, Indonesia

Trade unions back demands of dockers of Madagascar, Indonesia

The Alliance of Trade Unions of Transport Workers (ATUTW) Pakistan on Monday staged a demonstration outside the Karachi Press Club to express solidarity with the protesting dockers of container terminals in Madagascar and Indonesia.
Published 10 Oct, 2017 12:00am
Australian publisher to challenge record Rebel Wilson payout

Australian publisher to challenge record Rebel Wilson payout

A leading publisher said Monday it would appeal Australia's largest defamation payout awarded to Hollywood actor Rebel Wilson as the "unprecedented" amount had major implications for the media industry. The "Pitch Perfect" star was awarded Aus$4.5 million
Published 10 Oct, 2017 12:00am
Australian publisher to challenge record Rebel Wilson payout

Australian publisher to challenge record Rebel Wilson payout

A leading publisher said Monday it would appeal Australia''s largest defamation payout awarded to Hollywood actor Rebel Wilson as the "unprecedented" amount had major implications for the media industry. The "Pitch Perfect" star was awarded Aus$4.5 millio
Published 10 Oct, 2017 12:00am
Bangladesh arrests top leaders of JI

Bangladesh arrests top leaders of JI

Bangladesh police Monday night arrested the top leaders of the country's largest Islamist party, an official said, as the government appeared to have launched a crackdown on the main opposition parties. Nine people were arrested after a raid on a house in
Published 10 Oct, 2017 12:00am
Bangladesh arrests top leaders of JI

Bangladesh arrests top leaders of JI

Bangladesh police Monday night arrested the top leaders of the country's largest Islamist party, an official said, as the government appeared to have launched a crackdown on the main opposition parties. Nine people were arrested after a raid on a house in
Published 10 Oct, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
Flawed US approach to OBOR
Currency

Flawed US approach to OBOR

That the China Pakistan Economic Corridor (CPEC) has already begun to accrue benefits to the Pakistani nation much before its full implementation is a welcome development. The outgoing Chinese ambassador to Pakistan, Sun Weidong, has given the good news t
Published 10 Oct, 2017 12:00am
Carnage at a Balochistan shrine

Carnage at a Balochistan shrine

Terrorists have stuck again, this time in central Balochistan's Jhal Magsi district, killing 19 people on the spot and wounding another 30, two of whom later died in hospital raising the death toll to 21. A suicide bomber struck at the entrance to a shrin
Published 10 Oct, 2017 12:00am
Outlook for growth
Cotton

Outlook for growth

Pakistan has moved into a period of uncertainty. On the one hand, there is political instability and the next few months could witness major unfolding events. On the other hand, there is some lack of clarity on the policy posture of the government, for ex
Published 10 Oct, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
As India's smaller firms struggle, Modi faces stimulus dilemma

As India's smaller firms struggle, Modi faces stimulus dilemma

India's festive season should be a time of celebration for textiles businessman Habib Ansari, who usually spends October counting a boom in profits from supplying retailers ahead of a month of peak shopping. This year, Ansari is grappling with losses, and
Published 10 Oct, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 09, 2017).

Published 10 Oct, 2017 12:00am
From flying taxis to robocops, Dubai as a tech pioneer

From flying taxis to robocops, Dubai as a tech pioneer

From flying taxis to Batman-style surveillance motorcycles, Dubai's GITEX expo this week showcased innovations that were symbols of the city-state's ambitions to be a metropolis of the future. Known for its futuristic skyline and artificial islands, Gulf
Published 10 Oct, 2017 12:00am
The Weather

The Weather

The weather report on Monday (October 09, 2017) and the forecast for Tuesday (October 10, 2017).

Published 10 Oct, 2017 12:00am
Government's growing reliance on borrowing
Exchange

Government's growing reliance on borrowing

This PML-N government is good at only one thing: borrowing. According to a Business Recorder news item "Global capital market: Govt seeks loan to ward off pressures on forex reserves" carried by the newspaper on Sunday, the government wants to rais
Published 10 Oct, 2017 12:00am
Collective efforts vital to encouraging actions resilient to disasters

Collective efforts vital to encouraging actions resilient to disasters

International Disaster Day marked on 8th Oct, 2017 across the globe. Also in Pakistan, small discussions, seminars were held to attract attention of policy-makers, government institutions and CSOs to work together by encouraging disaster resilient plannin
Published 10 Oct, 2017 12:00am