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Apr 05, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-12
National flag carrier: SAFA inspection index rises to critical level

National flag carrier: SAFA inspection index rises to critical level

Safety Assessment of Foreign Aircraft (SAFA) inspection index for Pakistan International Airlines (PIA) has risen to critical level; it was learnt. According to sources, the recent SAFA inspections revealed that PIA SAFA index has risen to a critical leve
Published 12 Oct, 2017 12:00am
Two IAF commandos killed in IHK

Two IAF commandos killed in IHK

Two air force commandos and two suspected freedom fighters were killed during a gunbattle Wednesday in Indian-held Kashmir, the army said, during an upsurge in violence in the disputed region. The fighting started when soldiers searching for freedom fight
Published 12 Oct, 2017 12:00am
Two IAF commandos killed in IHK

Two IAF commandos killed in IHK

Two air force commandos and two suspected freedom fighters were killed during a gunbattle Wednesday in Indian-held Kashmir, the army said, during an upsurge in violence in the disputed region. The fighting started when soldiers searching for freedom fight
Published 12 Oct, 2017 12:00am
Army chief explains criticality of economy

Army chief explains criticality of economy

Army Chief General Qamar Javed Bajwa on Wednesday said that Pakistan has undertaken scores of initiatives including diplomatic, economic and military, to pacify the western border. Besides, the country has also shown its desires for peace with a belligere
Published 12 Oct, 2017 12:00am
Army chief explains criticality of economy

Army chief explains criticality of economy

Army Chief General Qamar Javed Bajwa on Wednesday said that Pakistan has undertaken scores of initiatives including diplomatic, economic and military, to pacify the western border. Besides, the country has also shown its desires for peace with a belligere
Published 12 Oct, 2017 12:00am
Gross debt to soar to 68.7 percent of GDP in 2018: IMF

Gross debt to soar to 68.7 percent of GDP in 2018: IMF

The International Monetary Fund has projected an increase in Pakistan government gross debt - by 0.7 percent - to 68.7 percent of the Gross Domestic Product (GDP) in 2018 against 68 percent in 2017. According to the IMF "Fiscal Monitor, tackling inequalit
Published 12 Oct, 2017 12:00am
Gross debt to soar to 68.7 percent of GDP in 2018: IMF

Gross debt to soar to 68.7 percent of GDP in 2018: IMF

The International Monetary Fund has projected an increase in Pakistan government gross debt - by 0.7 percent - to 68.7 percent of the Gross Domestic Product (GDP) in 2018 against 68 percent in 2017. According to the IMF "Fiscal Monitor, tackling inequalit
Published 12 Oct, 2017 12:00am
Gross debt to soar to 68.7 percent of GDP in 2018: IMF

Gross debt to soar to 68.7 percent of GDP in 2018: IMF

The International Monetary Fund has projected an increase in Pakistan government gross debt - by 0.7 percent - to 68.7 percent of the Gross Domestic Product (GDP) in 2018 against 68 percent in 2017. According to the IMF "Fiscal Monitor, tackling inequalit
Published 12 Oct, 2017 12:00am
Gross debt to soar to 68.7 percent of GDP in 2018: IMF

Gross debt to soar to 68.7 percent of GDP in 2018: IMF

The International Monetary Fund has projected an increase in Pakistan government gross debt - by 0.7 percent - to 68.7 percent of the Gross Domestic Product (GDP) in 2018 against 68 percent in 2017. According to the IMF "Fiscal Monitor, tackling inequalit
Published 12 Oct, 2017 12:00am
Fund calls for fiscal policies that tackle rising inequality

Fund calls for fiscal policies that tackle rising inequality

Countries around the world are suffering the consequences of rising internal inequality and should seriously consider redistributing wealth through tax policies and transfers, the International Monetary Fund said on Wednesday. While overall global inequal
Published 12 Oct, 2017 12:00am
Fund calls for fiscal policies that tackle rising inequality

Fund calls for fiscal policies that tackle rising inequality

Countries around the world are suffering the consequences of rising internal inequality and should seriously consider redistributing wealth through tax policies and transfers, the International Monetary Fund said on Wednesday. While overall global inequal
Published 12 Oct, 2017 12:00am
Fund calls for fiscal policies that tackle rising inequality

Fund calls for fiscal policies that tackle rising inequality

Countries around the world are suffering the consequences of rising internal inequality and should seriously consider redistributing wealth through tax policies and transfers, the International Monetary Fund said on Wednesday. While overall global inequal
Published 12 Oct, 2017 12:00am
BRIndex100 drops 46.85 points
Exchange

BRIndex100 drops 46.85 points

Pakistan Stock Exchange Wednesday witnessed a dull session as the investors remained cautious due to prevailing political situation in the country. BRIndex100 lost 46.85 points or 1.07 percent to close at 4,344.42 points. BRIndex100 touched intraday high
Published 12 Oct, 2017 12:00am
BRIndex100 drops 46.85 points
Exchange

BRIndex100 drops 46.85 points

Pakistan Stock Exchange Wednesday witnessed a dull session as the investors remained cautious due to prevailing political situation in the country. BRIndex100 lost 46.85 points or 1.07 percent to close at 4,344.42 points. BRIndex100 touched intraday high
Published 12 Oct, 2017 12:00am
BRIndex100 drops 46.85 points
Exchange

BRIndex100 drops 46.85 points

Pakistan Stock Exchange Wednesday witnessed a dull session as the investors remained cautious due to prevailing political situation in the country. BRIndex100 lost 46.85 points or 1.07 percent to close at 4,344.42 points. BRIndex100 touched intraday high
Published 12 Oct, 2017 12:00am
LNG deal skewed in favour of Qatar?

LNG deal skewed in favour of Qatar?

If Pakistan State Oil (the buyer) is in breach of obligation to take delivery of the cargo (Liquefied Natural Gas) not previously notified to the seller then the buyer shall pay to the seller an amount equal to the prevailing price on the last day of the
Published 12 Oct, 2017 12:00am
LNG deal skewed in favour of Qatar?

LNG deal skewed in favour of Qatar?

If Pakistan State Oil (the buyer) is in breach of obligation to take delivery of the cargo (Liquefied Natural Gas) not previously notified to the seller then the buyer shall pay to the seller an amount equal to the prevailing price on the last day of the
Published 12 Oct, 2017 12:00am
LNG deal skewed in favour of Qatar?

LNG deal skewed in favour of Qatar?

If Pakistan State Oil (the buyer) is in breach of obligation to take delivery of the cargo (Liquefied Natural Gas) not previously notified to the seller then the buyer shall pay to the seller an amount equal to the prevailing price on the last day of the
Published 12 Oct, 2017 12:00am
Government disputes World Bank report

Government disputes World Bank report

Finance Ministry on Wednesday said the report released to media by an international financial institution was based on misinterpretation of standard definition of the gross financing needs of the country. In a statement issued here, Spokesman for the Mini
Published 12 Oct, 2017 12:00am
Government disputes World Bank report

Government disputes World Bank report

Finance Ministry on Wednesday said the report released to media by an international financial institution was based on misinterpretation of standard definition of the gross financing needs of the country. In a statement issued here, Spokesman for the Mini
Published 12 Oct, 2017 12:00am
Government disputes World Bank report

Government disputes World Bank report

Finance Ministry on Wednesday said the report released to media by an international financial institution was based on misinterpretation of standard definition of the gross financing needs of the country. In a statement issued here, Spokesman for the Mini
Published 12 Oct, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 12 Oct, 2017 12:00am
Trade deficit widens by $9 billion in first quarter fiscal year 2018

Trade deficit widens by $9 billion in first quarter fiscal year 2018

The country's trade deficit widened by $9.088 billion during the first quarter of the current fiscal year (July-September 2017). The deficit is higher by 29.75 percent over $7.004 billion for the same period of last fiscal year, Pakistan Bureau of Statist
Published 12 Oct, 2017 12:00am
Trade deficit widens by $9 billion in first quarter fiscal year 2018

Trade deficit widens by $9 billion in first quarter fiscal year 2018

The country's trade deficit widened by $9.088 billion during the first quarter of the current fiscal year (July-September 2017). The deficit is higher by 29.75 percent over $7.004 billion for the same period of last fiscal year, Pakistan Bureau of Statist
Published 12 Oct, 2017 12:00am
Trade deficit widens by $9 billion in first quarter fiscal year 2018

Trade deficit widens by $9 billion in first quarter fiscal year 2018

The country''s trade deficit widened by $9.088 billion during the first quarter of the current fiscal year (July-September 2017). The deficit is higher by 29.75 percent over $7.004 billion for the same period of last fiscal year, Pakistan Bureau of Statis
Published 12 Oct, 2017 12:00am
AG, minister mull over GSP Plus status

AG, minister mull over GSP Plus status

Attorney General for Pakistan Ashtar Ali Ausaf and Federal Commerce Minister Pervaiz Malik deliberated upon legal aspects of continuation of GSP Plus status in the country to develop a comprehensive approach and prepare a mid-term review plan due in Janua
Published 12 Oct, 2017 12:00am
AG, minister mull over GSP Plus status

AG, minister mull over GSP Plus status

Attorney General for Pakistan Ashtar Ali Ausaf and Federal Commerce Minister Pervaiz Malik deliberated upon legal aspects of continuation of GSP Plus status in the country to develop a comprehensive approach and prepare a mid-term review plan due in Janua
Published 12 Oct, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (October 11, 2017).

Published 12 Oct, 2017 12:00am
Ukraine detains two top defence officials in graft case
Exchange

Ukraine detains two top defence officials in graft case

Ukraine's anti-corruption bureau said Wednesday it had detained a deputy defence minister and another top military official for allegedly embezzling millions in state funding through an illegal oil-purchase scheme. The announcement was the highest-profile
Published 12 Oct, 2017 12:00am
Sherry not allowed to discuss Safdar's remarks

Sherry not allowed to discuss Safdar's remarks

Chairman Senate Raza Rabbani on Wednesday disappointed the liberal progressive class by barring Senator Sherry Rehman from speaking against a hate speech delivered by Captain Muhammad Safdar (retd) against Ahmedis in the National Assembly. Rabbani, a left
Published 12 Oct, 2017 12:00am
Sherry not allowed to discuss Safdar's remarks

Sherry not allowed to discuss Safdar's remarks

Chairman Senate Raza Rabbani on Wednesday disappointed the liberal progressive class by barring Senator Sherry Rehman from speaking against a hate speech delivered by Captain Muhammad Safdar (retd) against Ahmedis in the National Assembly. Rabbani, a left
Published 12 Oct, 2017 12:00am
THE RUPEE: dollar at Rs 107.30
Currency

THE RUPEE: dollar at Rs 107.30

The rupee extended overnight fall against the dollar on the money market on Wednesday in the process of trading, dealers said.
Published 12 Oct, 2017 12:00am
Economic impasse outcome of Nawaz's ouster: Saad

Economic impasse outcome of Nawaz's ouster: Saad

Federal Minister for Railways, Khawaja Saad Rafique Wednesday said that conspiracies hatched by political and non-political forces led to removal of an elected prime minister in a controversial way and this has created an uncertain political situation imp
Published 12 Oct, 2017 12:00am
Provision of facilities top priority, KP Governor

Provision of facilities top priority, KP Governor

A delegation from Mohmand Agency led by MNA Bilal ur Rehman called on the Governor Khyber Pakhtunkhwa Engr Iqbal Zafar Jhagra at Governor's House, Peshawar on Wednesday. The delegation highlighted some of the problems which the people of their area are fa
Published 12 Oct, 2017 12:00am
Plea to exempt traders filing IT returns from audit

Plea to exempt traders filing IT returns from audit

Chairman Federal Board of Revenue (FBR) Tariq Mahmood Pasha Wednesday received a tax policy proposal of Rawalpindi Chamber of Commerce (RCCI) to exempt traders, filing income tax returns, from Tax Audit as an incentive to encourage compliance.
Published 12 Oct, 2017 12:00am
PPP, MQM MNAs stage walkout

PPP, MQM MNAs stage walkout

Pakistan People's Party (PPP) and Muttahida Qaumi Movement (MQM) Wednesday staged a token walkout from National Assembly to protest the attitude of Pakistan Muslim League-Nawaz (PML-N) government and its lack of interest in revival of Pakistan Steel Mills
Published 12 Oct, 2017 12:00am
Afghanistan's stability vital for peace in the region: Dastgir

Afghanistan's stability vital for peace in the region: Dastgir

Defence Minister Khurram Dastgir Wednesday said that stability and prosperity of Afghanistan is important to bring peace and stability to the region. Talking to Iranian Ambassador Mehdi Honardoost, he expressed the hope that Pakistan-Iran bilateral relati
Published 12 Oct, 2017 12:00am
Senate's resolution embarrasses government

Senate's resolution embarrasses government

The Senate Wednesday adopted a joint resolution moved by opposition with a majority vote, stating that a person not eligible to be elected as a member of the Parliament on account of being disqualified to be a lawmaker should not become an office-bearer o
Published 12 Oct, 2017 12:00am
Jadhav case: ex-CJP Jillani to be judge ad hoc at ICJ

Jadhav case: ex-CJP Jillani to be judge ad hoc at ICJ

Pakistan has nominated former chief justice Tassaduq Hussain Jillani to be its Judge Ad hoc in Kulbhushan Jadhav case in the International Court of Justice (ICJ) and it was also communicated to the court on Wednesday, Foreign Office said. Foreign Office S
Published 12 Oct, 2017 12:00am
NA bodies' chairmen elected

NA bodies' chairmen elected

The Standing Committees on Narcotics Control, Privatization and Postal Services have elected their chairmen. In this regard, meetings for the elections of chairmen of the Standing Committees on Narcotics Control, Privatization and Postal Services were hel
Published 12 Oct, 2017 12:00am
PPP won't tolerate attacks on women: Bilawal

PPP won't tolerate attacks on women: Bilawal

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has said that better grooming, education and protection to our girl children is their basic right hence the government and the society are bound to provide the same.
Published 12 Oct, 2017 12:00am
Concern voiced over arrest of Bangladesh's JI chief

Concern voiced over arrest of Bangladesh's JI chief

Secretary General of Jamaat-e-Islami Women's Wing, Durdana Siddique, has expressed her serious concern on the arrest of Ameer JI Bangladesh and other leaders by the Bangladeshi Government. In her statement she said that Sheikh Haseena Wajid is making the
Published 12 Oct, 2017 12:00am
NHA, NAB hold seminar against corruption

NHA, NAB hold seminar against corruption

A seminar on "United against Corruption for a Prosperous Pakistan" was held under the joint auspices of the National Highway Authority (NHA) and National Accountability Bureau (NAB) at NHA headquarters here today. Additional Director Awareness & Preventio
Published 12 Oct, 2017 12:00am
Report of IB: Aitzaz calls for formation of probe body

Report of IB: Aitzaz calls for formation of probe body

Opposition Leader in Senate Aitzaz Ahsan on Wednesday called for formation of a committee to probe into a report of Intelligence Bureau - the top civilian spy agency - which exposed that 37 lawmakers, including two senators, have links with terrorist outf
Published 12 Oct, 2017 12:00am
KP-Fata merger: PTI decides to approach SC

KP-Fata merger: PTI decides to approach SC

Pakistan Tehreek-e-Insaf (PTI) on Wednesday decided to approach the Supreme Court over the delaying tactics of the government in merging Federally Administered tribal Areas (FATA) into Khyber Pakhtunkhwa. A statement issued by PTI central media cell said
Published 12 Oct, 2017 12:00am
JI slams India's increasing water aggression

JI slams India's increasing water aggression

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has said that if the government remained indifferent to India's increasing water aggression, Pakistan would soon become a desert. According to media cell of JI Lahore, while talking to the media in P
Published 12 Oct, 2017 12:00am
Etihad Airways to launch Abu Dhabi-Baku scheduled flights

Etihad Airways to launch Abu Dhabi-Baku scheduled flights

Etihad Airways has announced plans to launch scheduled flights between Abu Dhabi, the capital of the United Arab Emirates, and Baku, the capital city of the Republic of Azerbaijan, effective March 2, 2018. The new route is being introduced to capitalise o
Published 12 Oct, 2017 12:00am
Growers urged to remove weeds from crops

Growers urged to remove weeds from crops

The Met Office on Wednesday asked growers to remove weeds from standing crops manually or herbicides sprays to help yield grow. It warned the farmers of a considerable yield loss from weeds growth, saying that growers should evolve plans to irrigate crops
Published 12 Oct, 2017 12:00am
Auction for MTBs: government mops up Rs 785 billion

Auction for MTBs: government mops up Rs 785 billion

The federal government Wednesday borrowed some Rs 785 billion through the auction for short-term government papers. The State Bank of Pakistan (SBP) conducted the auction on Oct 11, 2017 for the sale of 3-month, 6-month and 12-month Government of Pakistan
Published 12 Oct, 2017 12:00am
Karachi sizzles at 42° Celsius

Karachi sizzles at 42° Celsius

Mercury continues to scorch Karachi, as Met Office on Wednesday forecast heat wave with a maximum 42 degrees Celsius for Thursday and Friday. Temperature during the day went up to 42 degrees Celsius in the city as heat wave tore at 12 nautical miles an ho
Published 12 Oct, 2017 12:00am
Baldia factory probe reports: SHC seeks reply from Sindh government

Baldia factory probe reports: SHC seeks reply from Sindh government

Sindh High Court (SHC) on Wednesday sought a reply from the provincial government over a petition seeking the release of three key inquiry reports into Baldia Factory fire, Nisar Morai's involvement in murder of former Pakistan Steel Mills (PSM) chairpers
Published 12 Oct, 2017 12:00am
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