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Print - 2017-10-18
Dollar up in New York as selloff pauses, inflation in focus

Dollar up in New York as selloff pauses, inflation in focus

The US dollar gained slightly on Monday as investors repositioned after disappointing inflation data on Friday sent the greenback to its lowest levels in more than two weeks, and with no major US releases on Monday to sway direction. Consumer price data o
Published 18 Oct, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 80.83-80.83 (previous 80.81-80.82).
Published 18 Oct, 2017 12:00am
Sri Lankan rupee down
Currency

Sri Lankan rupee down

The Sri Lankan rupee ended slightly weaker in dull trade on Tuesday as importer dollar demand surpassed mild exporter greenback sales, dealers said. Dealers said the rupee was under pressure last week due to dollar demand from state-run Ceylon Petroleum C
Published 18 Oct, 2017 12:00am
Most Asian currencies dip
Currency

Most Asian currencies dip

Most Asian currencies retreated against the dollar on Tuesday as the greenback strengthened following a report that US President Donald Trump was favouring a policy hawk as the next head of the Federal Reserve. The dollar rose against a basket of currenci
Published 18 Oct, 2017 12:00am
China's yuan slips

China's yuan slips

China's yuan slipped below a key threshold against the US dollar on Tuesday morning, in the wake of a weaker official midpoint and higher corporate demand for the greenback. Prior to Tuesday's market opening, the People's Bank of China set its midpoint fo
Published 18 Oct, 2017 12:00am
Sterling skids after BoE Comments
Currency

Sterling skids after BoE Comments

Britain's pound slid on Tuesday to a five-day low after comments by Bank of England policymakers were interpreted by markets as dovish despite newly published inflation data in line with expectations. The pound fell half a percent on the day to as low as
Published 18 Oct, 2017 12:00am
Kiwi climbs, Aussie steadies

Kiwi climbs, Aussie steadies

The New Zealand dollar briefly rose to a two-week high on Tuesday after inflation surpassed the central bank's forecasts in the third quarter, while its Australian cousin hovered around a recent three-week high. The New Zealand dollar climbed 0.4 percent
Published 18 Oct, 2017 12:00am
FATA Football Super League: Shams Landikotal, Kurrama Shaheen advance

FATA Football Super League: Shams Landikotal, Kurrama Shaheen advance

Shams Landikotal Tehsil Khyber Agency and Kurrama Shaheed of Kurram Agency advanced to next round after recording victories against their respective rivals in the ongoing FATA Football Super League-2017 being played here at Qayyum Sports Complex on Tuesda
Published 18 Oct, 2017 12:00am
ZTB win SBP Governor's Cup Inter-Bank Regional Cricket opener

ZTB win SBP Governor's Cup Inter-Bank Regional Cricket opener

Sports play a pivotal role to make youth healthy and productive for the society and it is in this respect that State Bank of Pakistan (SBP) is making conscious and practical efforts for the promotion of healthy sports activates within its domain, said Mr.
Published 18 Oct, 2017 12:00am
Khawaja takes swipe at Aussie selection policy

Khawaja takes swipe at Aussie selection policy

Usman Khawaja has taken a swipe at Australian selectors after being dropped for Tests this year in India and Bangladesh, saying chopping and changing created instability in the team. The 30-year-old batsman passed 50 in six consecutive Tests during the 20
Published 18 Oct, 2017 12:00am
Ashley puts Newcastle up for sale

Ashley puts Newcastle up for sale

Newcastle United owner Mike Ashley is ready to end his controversial reign after putting the Premier League club up for sale on Monday. Ashley has been a polarising figure at Newcastle since taking over at St James' Park in 2007 and the sports retail tyco
Published 18 Oct, 2017 12:00am
Marcelo accused of half a million euro tax fraud

Marcelo accused of half a million euro tax fraud

Spanish prosecutors have accused Real Madrid's Brazilian left-back Marcelo of tax fraud totalling nearly half a million euros, a judicial source confirmed on Tuesday. The tax authorities believe Marcelo hid 490,917 euros ($578,000) earned from his image r
Published 18 Oct, 2017 12:00am
Amir back in Pakistan's Twenty20 squad

Amir back in Pakistan's Twenty20 squad

Pakistan recalled pace spearhead Mohammad Amir in the 16-man squad for the three-match Twenty20 series against Sri Lanka starting next week. The 25-year-old suffered a shin injury during the second Test in Dubai but is included in the squad after rehab in
Published 18 Oct, 2017 12:00am
Indian court reinstates Sreesanth fixing ban

Indian court reinstates Sreesanth fixing ban

A life ban on Indian fast bowler Shanthakumaran Sreesanth for match-fixing was reinstated by a court on Tuesday following an appeal by the country's cricket board. The Board of Control for Cricket in India (BCCI) had moved the Kerala High Court in August
Published 18 Oct, 2017 12:00am
Sri Lanka eases ban on Gunathilaka before Pakistan tour

Sri Lanka eases ban on Gunathilaka before Pakistan tour

Sri Lanka's cricket board Tuesday halved a six-match ban imposed on all-rounder Danushka Gunathilaka for misconduct, amid speculation several players may drop out of an upcoming Twenty20 series final in Pakistan. The board's decision clears Gunathilaka to
Published 18 Oct, 2017 12:00am
New Zealand lose first warm-up to President's XI

New Zealand lose first warm-up to President's XI

New Zealand lost their opening warm-up match against the Indian Board President's XI by 30 runs in Mumbai on Tuesday, despite a gritty half-century from Tom Latham. The visitors faltered in their 296-run chase and were bowled out for 265. Number-nine bats
Published 18 Oct, 2017 12:00am
Indian cricket board slammed over Kumble birthday post

Indian cricket board slammed over Kumble birthday post

India's powerful cricket board hastily deleted a birthday message for record Test wicket-taker Anil Kumble Tuesday after irate fans took offence at the spinning great being described simply as a "former bowler". The row follows Kumble's acrimonious depart
Published 18 Oct, 2017 12:00am
Babar, Shadab steer Pakistan to win in second ODI

Babar, Shadab steer Pakistan to win in second ODI

Babar Azam scored a second succesive hundred while Shadab Khan gave his career best bowling and batting to help Pakistan thump Sri Lanka by 32 runs in the second day-night international in Abu Dhabi on Monday. One-drop batsman Babar knocked a fighting 133
Published 18 Oct, 2017 12:00am
Catalans rally against separatist leaders' detention

Catalans rally against separatist leaders' detention

Thousands of people took to the streets of Catalonia Tuesday after a judge ordered the detention of two separatist leaders, further inflaming tensions over the region's chaotic referendum on splitting from Spain. Thousands of workers in Barcelona and othe
Published 18 Oct, 2017 12:00am
UN family planning chief says Trump policies 'unfair'

UN family planning chief says Trump policies 'unfair'

The head of the UN Population Fund criticised US President Donald Trump's policies against family planning as "unfair" to women on Tuesday as she presented the organisation's annual report in London. "We're really sad that it's come to this," UNFPA's exec
Published 18 Oct, 2017 12:00am
US commander must 'imagine the unimaginable' on North Korea

US commander must 'imagine the unimaginable' on North Korea

The top US commander in the Pacific warned Tuesday he must "imagine the unimaginable" in responding to the threat posed by the North Korea's nuclear weapons programme. Admiral Harry Harris, head of the US Pacific Command, made clear that while diplomacy r
Published 18 Oct, 2017 12:00am
Iran warns Europe against new nuke deal conditions

Iran warns Europe against new nuke deal conditions

A top advisor to Iran's supreme leader warned European governments on Tuesday against imposing new conditions on the nuclear deal. "To say that they accept the JCPOA (nuclear deal) but should negotiate on Iran's regional presence or talk about Iran's miss
Published 18 Oct, 2017 12:00am
Six killed in Turkish coal mine collapse

Six killed in Turkish coal mine collapse

Six Turkish miners were killed when an unlicensed coal mine collapsed on Tuesday in the southeastern province of Sirnak, the country's emergencies agency said. Search and rescue teams were at the scene of the accident, the Disaster and Emergency Managemen
Published 18 Oct, 2017 12:00am
Iraq president blames Kurdish poll for Kirkuk assault

Iraq president blames Kurdish poll for Kirkuk assault

Iraqi President Fuad Masum on Tuesday blamed a Kurdish independence referendum for triggering a military intervention by Iraqi forces to take control of the disputed province of Kirkuk. "Holding a referendum on the Kurdistan region's independence from Ira
Published 18 Oct, 2017 12:00am
IS lost 87 percent of territory seized in 2014: coalition

IS lost 87 percent of territory seized in 2014: coalition

The Islamic State group has lost nearly 90 percent of the territory it controlled in 2014, when it proclaimed a "caliphate" straddling Iraq and Syria, the US-led coalition said Tuesday. "Our partners have removed ISIS from 87 percent of territory they onc
Published 18 Oct, 2017 12:00am
IS group loses emblematic Syria stronghold Raqqa

IS group loses emblematic Syria stronghold Raqqa

US-backed forces took full control of Raqqa from the Islamic State group on Tuesday, defeating the last jihadist holdouts in the de facto Syrian capital of their now-shattered "caliphate". The victory caps a battle of more than four months for Raqqa, and
Published 18 Oct, 2017 12:00am
Thousands still without power in Ireland after freak storm

Thousands still without power in Ireland after freak storm

Some 216,000 homes and businesses were still without electricity and 20,000 without running water in Ireland on Tuesday, the day after Storm Ophelia hit the country, claiming three lives. The outages mainly affected the south and west of Ireland. Irish Wa
Published 18 Oct, 2017 12:00am
Kuwait scraps mandatory DNA testing law: HRW

Kuwait scraps mandatory DNA testing law: HRW

Kuwait has dropped a controversial counterterrorism law mandating DNA testing for all citizens, residents and visitors which had been passed following a 2015 suicide attack, Human Rights Watch said Tuesday. "The court's decision to overturn the DNA law is
Published 18 Oct, 2017 12:00am
US says Venezuela regional vote neither free nor fair

US says Venezuela regional vote neither free nor fair

The United States on Monday condemned closely watched regional elections in Venezuela as neither free nor fair as European countries also voiced concerns, leaving President Nicolas Maduro increasingly isolated after declaring a landslide win. Maduro's opp
Published 18 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Oct, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 18 Oct, 2017 12:00am
Cotton futures up on short covering, mill fixations
Cotton

Cotton futures up on short covering, mill fixations

ICE cotton futures edged higher on Tuesday, supported by short-covering and mill fixations, but harvest pressure in the United States capped gains. Cotton contracts for December settled up 0.24 cent, or 0.36 percent, at 67.77 cents per lb. They traded wit
Published 18 Oct, 2017 12:00am
Oil steady as US output gains offset Middle East tensions

Oil steady as US output gains offset Middle East tensions

Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high US production and exports offset concerns that fighting between Iraqi and Kurdish forces could threaten the country's crude output. Brent crude f
Published 18 Oct, 2017 12:00am
Zinc, copper down
Exchange

Zinc, copper down

Zinc prices slipped to their lowest level in over three weeks on Tuesday as the dollar strengthened and inventories rose, highlighting concern that increasing supply would ease shortages. On-warrant zinc inventories on the London Metal Exchange - metal no
Published 18 Oct, 2017 12:00am
Gold plunges in Asia

Gold plunges in Asia

Gold prices fell on Tuesday, pressured by a firmer dollar but worries over geopolitical tensions in the Middle East and on the Korean peninsula kept further losses in check. Spot gold was down 0.4 percent at $1,289.20 an ounce, as of 0706 GMT, while US go
Published 18 Oct, 2017 12:00am
Gold slips in Europe

Gold slips in Europe

Gold prices fell to a one-week low on Tuesday on speculation that the eventual successor to US Federal Reserve Chair Janet Yellen will favour higher interest rates. Spot gold was down 0.7 percent at $1,285.40 an ounce as of 1417 GMT, while US gold futures
Published 18 Oct, 2017 12:00am
US MIDDAY: soya down

US MIDDAY: soya down

US soyabean futures fell for the second day in a row on Tuesday, pressured by improving weather for harvest in the US Midwest as well as rain forecasts that will boost early crop development in Brazil, traders said. "We are leaking lower," said Brian Rydl
Published 18 Oct, 2017 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices fell to a one-week low on Tuesday on speculation that the eventual successor to US Federal Reserve Chair Janet Yellen will favour higher interest rates. Spot gold was down 0.6 percent at $1,286.74 an ounce by 2:16 pm EDT (1816 GMT), after dipp
Published 18 Oct, 2017 12:00am
Jinnah university launches breast cancer awareness drive

Jinnah university launches breast cancer awareness drive

Jinnah University for Women on Tuesday kicked off breast cancer awareness campaign with a vision to sensitize students and teachers regarding this deadly disease. A five-day awareness campaign titled 'Pink Ribbon Youth Awareness Drive, PINKtober17' is bei
Published 18 Oct, 2017 12:00am
One more becomes victim of 'knifeman'

One more becomes victim of 'knifeman'

The mysterious stabbers are still challenging Karachi's security agencies, and on Tuesday attacked a girl in Jauharabad was stabbed in the early hours of the morning as she rode with her brother on a motorcycle, becoming the 16th stabbing victim in three
Published 18 Oct, 2017 12:00am
RCCI chief urges FBR to abolish Super Tax
Exchange

RCCI chief urges FBR to abolish Super Tax

The Federal Board of Revenue (FBR) has been proposed to abolish Super Tax and return enforcement powers of raids/monitoring of business units back to FBR Members from Regional Tax Offices (RTOs) to check harassment by tax officials in the field formations
Published 18 Oct, 2017 12:00am
Hub Power Company Limited
Exchange

Hub Power Company Limited

Hub Power Company Limited (PSX: HUBC) is one of the largest private power projects in the country. The company is listed on the Pakistan Stock Exchange with it its Global Depository Receipts (GDR's) also listed on the Luxembourg Stock Exchange.
Published 18 Oct, 2017 12:00am
Hub Power Company Limited
Exchange

Hub Power Company Limited

Hub Power Company Limited (PSX: HUBC) is one of the largest private power projects in the country. The company is listed on the Pakistan Stock Exchange with it its Global Depository Receipts (GDR's) also listed on the Luxembourg Stock Exchange.
Published 18 Oct, 2017 12:00am
Punjab government allocates Rs 190 million for 51 educational projects

Punjab government allocates Rs 190 million for 51 educational projects

Punjab government has earmarked Rs 190 million for the completion of 51 projects under Education Development package 2017-18 identified by the District Education Authority in District Sialkot. Under the programme, facilities like IT labs, reconstruction o
Published 18 Oct, 2017 12:00am
Pakistan grieved over Paktia blast's casualties

Pakistan grieved over Paktia blast's casualties

Pakistan strongly condemned the terrorist attack that targeted the police training academy in the Gardez City of Paktia Province, Tuesday, in which many precious human lives were lost while a number of innocent people were injured. "We are deeply saddened
Published 18 Oct, 2017 12:00am
ECP reserves judgement on cancelling Gulalai's NA membership

ECP reserves judgement on cancelling Gulalai's NA membership

The Election Commission of Pakistan (ECP) on Tuesday reserved its judgment in reference against disgruntled Pakistan Tehreek-e-Insaf (PTI) MNA Ayesha Gulalai seeking cancellation of her assembly membership. The five-member bench headed by the chief electi
Published 18 Oct, 2017 12:00am
Khattak directs FWO to clear liabilities, expedite pace of work

Khattak directs FWO to clear liabilities, expedite pace of work

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has directed the Frontier Works Organization (FWO) for clearing the liabilities of the provincial government and acceleration of work on both sides of the Swat Motorway to complete it within the specified t
Published 18 Oct, 2017 12:00am
MNC organizes drug awareness session at NH&MP HQ

MNC organizes drug awareness session at NH&MP HQ

The Ministry of Narcotics Control (MNC) in collaboration with the National Highways & Motorways Police, Islamabad, organized an awareness session on Narcotics Drugs on Tuesday at the NH&MP Headquarters. The session was attended by the field Inspectors/Sub
Published 18 Oct, 2017 12:00am
Imran vows to put institutions on right track if voted to power

Imran vows to put institutions on right track if voted to power

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan said on Tuesday that a country could make progress when its institutions were strong and it was the supremacy of law which strengthened the institutions. Addressing a gathering of students at the Universi
Published 18 Oct, 2017 12:00am
Expatriates' issues: Punjab OPC chief for evolving effective mechanism

Expatriates' issues: Punjab OPC chief for evolving effective mechanism

Commissioner Overseas Pakistanis Commission (OPC) Punjab Afzaal Bhatti has said that the ratio of resolved complaints of expatriate Pakistanis in Faisalabad division is satisfactory which was clear evidence of the hectic efforts of divisional, district an
Published 18 Oct, 2017 12:00am
SMEDA holds capacity-building training for honey bee-keepers

SMEDA holds capacity-building training for honey bee-keepers

Small and Medium Enterprises Development Authority (SMEDA) organized two training sessions at district Karak and Nowshera for capacity building of the honey bee keepers to enhance their knowledge and technical know-how for producing best quality of honey.
Published 18 Oct, 2017 12:00am
PML-N legislator's 'hate speech' fuels intolerance, says Rwadari Tehreek

PML-N legislator's 'hate speech' fuels intolerance, says Rwadari Tehreek

Rwadari Tehreek, a social movement working to promote religious and social harmony, in a press conference at Lahore Press Club on Tuesday expressed grave concerns and outrage over the hate speech in the parliament by a ruling party parliamentarian and has
Published 18 Oct, 2017 12:00am
LTBA accuses FBR of charging high tax from pensioners, BSC holders

LTBA accuses FBR of charging high tax from pensioners, BSC holders

President Lahore Tax Bar Association (LTBA) Ch Qamaruz Zaman has criticized Federal Board of Revenue (FBR) for charging high tax to pensioners and bearers of Bahbood Saving Certificates (BSC). He has demanded withdrawal of Circular No.06 of 2017 by the Fe
Published 18 Oct, 2017 12:00am
FCCI slams FBR for its new condition of levying more tax

FCCI slams FBR for its new condition of levying more tax

Sheikh Farooq Yusuf acting President Faisalabad Chamber of Commerce & Industry (FCCI) has welcomed the suspension of major condition of the SRO 1125(I) 2011 which has made levy of "further tax" applicable on goods supplied to persons having no sales tax r
Published 18 Oct, 2017 12:00am
'REX System mandatory for all exporters to EU'

'REX System mandatory for all exporters to EU'

The Registered Exporter System (the REX System) is the system of Certificate of Origin of Goods that applies in the Generalized System of Preference (GSP) of the European Union and observance of the same is mandatory for all exporters to the European Unio
Published 18 Oct, 2017 12:00am
Maryam unhappy over differences within party leaders

Maryam unhappy over differences within party leaders

Former Prime Minister Nawaz Sharif's daughter Maryam Nawaz Tuesday visited different parts of NA-120 to get first hand information about issues being faced by the people of the constituency. Sources said that Maryam first visited Islampura and reviewed de
Published 18 Oct, 2017 12:00am
Punjab government, LUMS sign MoU to facilitate research work

Punjab government, LUMS sign MoU to facilitate research work

The Government of Punjab and Lahore University of Management Sciences (LUMS) joined hands through a Memorandum of Understanding (MoU) in a signing ceremony, here Tuesday. This partnership aims to facilitate research-based policy making and innovation in e
Published 18 Oct, 2017 12:00am
UBL Literary Awards recognize emerging local talent in literature

UBL Literary Awards recognize emerging local talent in literature

The UBL Literary Awards, originally launched in 1967, recognize emerging local talent in Pakistani literature. The first edition of the refreshed UBL Literary Awards was held in Karachi in 2010. With each passing year, the Award has established itself as
Published 18 Oct, 2017 12:00am
Inauguration of Honda Heritage Centre

Inauguration of Honda Heritage Centre

Honda Atlas Cars (Pakistan) Limited has added a new facility - 'Honda Heritage Centre'- at its factory premises, Manga Mandi, Lahore. This facility was inaugurated by Toichi Ishiyama, President & CEO of the Company. Maqsood Rehmani, VP HR & Admin, Kenichi
Published 18 Oct, 2017 12:00am
Bid to smuggle falcons to Qatar foiled

Bid to smuggle falcons to Qatar foiled

Vigilance squad of the Wildlife & Parks Department Punjab foiled a bid to smuggle nine Peregrine falcons through Allama Iqbal International Airport Lahore and arrested one Qatari citizen Ahmad Hussain Ali Muhammad Alsada here on Tuesday. The squad also re
Published 18 Oct, 2017 12:00am
Pakistan believes in peaceful coexistence with neighbours: NSA

Pakistan believes in peaceful coexistence with neighbours: NSA

British Special Representative on Afghanistan and Pakistan Owen Jenkin accompanied by his High Commissioner Thomas Drew, met National Security Adviser Lieutenant-General Nasser Khan Janjua (retd) on Tuesday. Besides security and stability of the region, t
Published 18 Oct, 2017 12:00am
Sindh excise department collects Rs 14.811 billion in Q1

Sindh excise department collects Rs 14.811 billion in Q1

The Provincial Excise and Taxation department Tuesday claimed to have collected Rs 14.811 billion during first quarter of current fiscal year. The department has Rs 14.811 billion taxes in various heads against the collection of Rs 13.490 billion made dur
Published 18 Oct, 2017 12:00am
Dar reviews MoF's different draft laws

Dar reviews MoF's different draft laws

Finance Minister Senator Ishaq Dar here on Tuesday chaired a meeting to review progress on different draft laws initiated by the Ministry of Finance for enactment. Acting Finance Secretary briefed the meeting that presently there were 10 bills relating to
Published 18 Oct, 2017 12:00am
Guru Nanak's birthday: 3,000 Sikh pilgrims likely to arrive

Guru Nanak's birthday: 3,000 Sikh pilgrims likely to arrive

On the occasion of Guru Nanak birthday, 3000 Sikh pilgrims are expected to arrive in Pakistan from India. This was disclosed by Additional Deputy Commissioner (HQ) Arshad while presiding over a meeting, which was held here on Tuesday review arrangements f
Published 18 Oct, 2017 12:00am
GE hosts 'Transforming Power' event in Dubai

GE hosts 'Transforming Power' event in Dubai

Hosted by GE, the 'Transforming Power' conference brought together more than 200 global and regional energy sector experts in Dubai on Monday, October 16, 2017, to share experiences of industry-leading projects from around the world, identify the next gen
Published 18 Oct, 2017 12:00am
NED attains top ranking

NED attains top ranking

NED University of Engineering and Technology has become the top- ranked engineering university in Sindh and has second position in all public- sector universities of the province, according to QS Asia University Rankings 2018. Since 2014 NED has climbed t
Published 18 Oct, 2017 12:00am
SCCI voices concern over harassment of traders

SCCI voices concern over harassment of traders

President Sarhad Chamber of Commerce & Industry (SCCI) Zahidullah Shinwari has expressed concern over the harassment of traders and shopkeepers and imposition of unjustified and illegal penalties on them by district, town administration, food department a
Published 18 Oct, 2017 12:00am
USAID-funded schools to be administered by private sector

USAID-funded schools to be administered by private sector

The US Consul General Grace Shelton and Sindh Minister of Education Jam Mehtab Dahar Tuesday witnessed the agreement signing between School Education & Literacy Department and private organizations to manage government schools built under United States Ag
Published 18 Oct, 2017 12:00am
Sports goods' export witnesses 2 percent fall in two months

Sports goods' export witnesses 2 percent fall in two months

The country's export of sports goods declined by two percent to $51.992 million in first two months (July-August) of the current financial year 2017-18, official figures say. Fall in sports goods' export amounted $1.015 million in July-August this year. T
Published 18 Oct, 2017 12:00am
PBC DG visits Bhitshah Radio Station

PBC DG visits Bhitshah Radio Station

The Director General, Pakistan Broadcasting Corporation (PBC), Sheeraz Latif has informed that all technical issues of frequencies creating hurdles in smooth radio transmission are being tackled with appointment of required staff in order to provide bette
Published 18 Oct, 2017 12:00am
Profit after tax of ISL increases to Rs 1,003.345 million
Exchange

Profit after tax of ISL increases to Rs 1,003.345 million

The profit after tax of International Steel Limited has increased to Rs 1,003.345 million in the quarter ended September 30, 2017 as compared to Rs 565.718 million earned in the corresponding period in 2016. The board of directors of the company in its me
Published 18 Oct, 2017 12:00am
Profit after tax of ISL increases to Rs 1,003.345 million
Exchange

Profit after tax of ISL increases to Rs 1,003.345 million

The profit after tax of International Steel Limited has increased to Rs 1,003.345 million in the quarter ended September 30, 2017 as compared to Rs 565.718 million earned in the corresponding period in 2016. The board of directors of the company in its me
Published 18 Oct, 2017 12:00am
Askari Bank PAT increases to Rs 4.217 billion
Exchange

Askari Bank PAT increases to Rs 4.217 billion

The profit after tax of Askari Bank Limited has increased to Rs 4.217 billion in the nine month period ended September 30, 2017 as compared to Rs 4.187 billion earned in the corresponding period in 2016. The Bank's earning per share increased to Rs 3.35 i
Published 18 Oct, 2017 12:00am
Askari Bank PAT increases to Rs 4.217 billion
Exchange

Askari Bank PAT increases to Rs 4.217 billion

The profit after tax of Askari Bank Limited has increased to Rs 4.217 billion in the nine month period ended September 30, 2017 as compared to Rs 4.187 billion earned in the corresponding period in 2016. The Bank's earning per share increased to Rs 3.35 i
Published 18 Oct, 2017 12:00am
EFP for vocational skills in schools

EFP for vocational skills in schools

Zaki Ahmed Khan, Vice President, Employer Federation of Pakistan, has advised Sindh Chief Minister to direct the education department and STEVTA to introduce the dual-track educational system so that students can graduate with both academic and vocational
Published 18 Oct, 2017 12:00am
Byco Petroleum's SPM imports 5 million tons of crude oil since inception

Byco Petroleum's SPM imports 5 million tons of crude oil since inception

Byco Petroleum's Single Point Mooring (SPM) has imported 5 million tons of crude oil since its inception. It has been in continuous operation since 2012 including the severe monsoon season from June through September, which was previously considered impos
Published 18 Oct, 2017 12:00am
PBIF seeks government help for making Shikarpur hub of agro industries

PBIF seeks government help for making Shikarpur hub of agro industries

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has said that Shikarpur has the potential to become a hub of agro-based industries. "Shikarpur can become an important city as different industries are established there u
Published 18 Oct, 2017 12:00am
LRBT observes 'World Sight Day'

LRBT observes 'World Sight Day'

The 'World Sight Day' is an annual day of awareness to focus global attention on blindness and vision impairment. Every year, LRBT initiates a family festival with a variety of activities to create awareness for the cause. 'LRBT Ride for a cause 2017' was
Published 18 Oct, 2017 12:00am
Siraj urges government to uphold rule of law

Siraj urges government to uphold rule of law

Chief of Jamaat-e-Islami Senator Sirajul Haq has stressed upon the government to openly accept the supremacy of the judiciary and prove the same through its conduct. While talking to a delegation of journalists from Karachi at Mansoora on Tuesday, he said
Published 18 Oct, 2017 12:00am
Shahbaz pays tributes to martyred Captain Hasnain

Shahbaz pays tributes to martyred Captain Hasnain

The Punjab Chief Minister Muhammad Shahbaz Sharif Tuesday visited the residence of Capt. Hasnain Nawaz in Nankana Sahib who has embraced martyred in Kurram Agency. Shahbaz met with the parents and other family members of Hasnain Nawaz and paid tributes to
Published 18 Oct, 2017 12:00am
PU signs memo to bringing revolution in cotton industry
Cotton

PU signs memo to bringing revolution in cotton industry

Punjab University (PU) has signed a memorandum of understanding (MoU) to provide newly-invented disease resistant cotton seed to the farmers through 7 multi-national companies nationwide in order to bring revolution in the cotton industry. In this regard,
Published 18 Oct, 2017 12:00am
PPP won't make electoral alliance in KP: Tangi

PPP won't make electoral alliance in KP: Tangi

Pakistan People's Party (PPP) provincial deputy general secretary, Behramand Tangi has said that his party would not make any electoral alliance with other parties in the province and would clean sweep the up-coming 2018 general elections in Khyber-Pakhtu
Published 18 Oct, 2017 12:00am
National Youth Carnival's trials begin in KP
Exchange

National Youth Carnival's trials begin in KP

Open trials for various categories part of the National Youth Carnival formally launched in 210 educational institutions across the province simultaneously on Tuesday. To attract maximum number of youth, a formal launching of the trials ceremony was held
Published 18 Oct, 2017 12:00am
Farmers' protest continues unabated

Farmers' protest continues unabated

Farmers belonging to the Pakistan Kissan Ittehad (PKI) continued their protest on Tuesday to press the provincial government for acceptance of their demands. Kissan leadership held a round of negotiations with Punjab Law Minister Rana Sana Ullah to discus
Published 18 Oct, 2017 12:00am