News Archives for Print - 2017-10-18

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

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 17, 2017).

Published 18 Oct, 2017 12:00am

Police mulling arresting Imran

Islamabad police have received non-bailable arrest warrants against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan issued by the Election Commission of Pakistan (ECP)) in a contempt of court case The arrest warrants direct senior superintendent of pol

Published 18 Oct, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (October 17, 2017).

Published 18 Oct, 2017 12:00am

Police mulling arresting Imran

Islamabad police have received non-bailable arrest warrants against Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan issued by the Election Commission of Pakistan (ECP)) in a contempt of court case The arrest warrants direct senior superintendent of pol

Published 18 Oct, 2017 12:00am

The Weather

The weather report on Tuesday (October 17, 2017) and the forecast for Wednesday (October 18, 2017).

Published 18 Oct, 2017 12:00am

Journalist's murder turns spotlight on 'mafia island' Malta

The son of murdered Maltese journalist Daphne Caruana Galizia on Tuesday accused Prime Minister Joseph Muscat of being complicit in his mother's death as the shockwaves from a grisly car bomb killing reverberated across Europe. Matthew Caruana Galizia, al

Published 18 Oct, 2017 12:00am

Journalist's murder turns spotlight on 'mafia island' Malta

The son of murdered Maltese journalist Daphne Caruana Galizia on Tuesday accused Prime Minister Joseph Muscat of being complicit in his mother's death as the shockwaves from a grisly car bomb killing reverberated across Europe. Matthew Caruana Galizia, al

Published 18 Oct, 2017 12:00am

Land revenue record: Tareen granted another opportunity

The Supreme Court Tuesday granted another opportunity to PTI General Secretary Jehangir Khan Tareen to produce land revenue record pertaining to the owners of more than 18,000 acres of leased land. Resuming the hearing of Pakistan Muslim League-Nawaz lead

Published 18 Oct, 2017 12:00am

Land revenue record: Tareen granted another opportunity

The Supreme Court Tuesday granted another opportunity to PTI General Secretary Jehangir Khan Tareen to produce land revenue record pertaining to the owners of more than 18,000 acres of leased land. Resuming the hearing of Pakistan Muslim League-Nawaz lead

Published 18 Oct, 2017 12:00am

Trump's fortune slides by $600 million on Forbes wealth list

America's richest may be getting richer but President Donald Trump's fortune has slid by $600 million to $3.1 billion, according to a list of 400 billionaires released by Forbes magazine on Tuesday. Microsoft co-founder Bill Gates topped the list for a 24

Published 18 Oct, 2017 12:00am

Trump's fortune slides by $600 million on Forbes wealth list

America's richest may be getting richer but President Donald Trump's fortune has slid by $600 million to $3.1 billion, according to a list of 400 billionaires released by Forbes magazine on Tuesday. Microsoft co-founder Bill Gates topped the list for a 24

Published 18 Oct, 2017 12:00am

Trump''s fortune slides by $600 million on Forbes wealth list

America''s richest may be getting richer but President Donald Trump''s fortune has slid by $600 million to $3.1 billion, according to a list of 400 billionaires released by Forbes magazine on Tuesday. Microsoft co-founder Bill Gates topped the list for a

Published 18 Oct, 2017 12:00am

Proposal seeking Fata's share in divisible pool enters critical phase

The National Implementation Committee on FATA reforms met here Wednesday under the chairmanship of Prime Minister Shahid Khaqan Abbasi. The meeting was attended by Chief of Army Staff General Qamar Javed Bajwa, Minister for SAFRON Lieutenant-General Abdul

Published 18 Oct, 2017 12:00am

Proposal seeking Fata's share in divisible pool enters critical phase

The National Implementation Committee on FATA reforms met here Wednesday under the chairmanship of Prime Minister Shahid Khaqan Abbasi. The meeting was attended by Chief of Army Staff General Qamar Javed Bajwa, Minister for SAFRON Lieutenant-General Abdul

Published 18 Oct, 2017 12:00am

CPEC project: Pakistan, China agree to fast-track industrial Cooperation

Pakistan and China on Tuesday agreed to fast track the industrial cooperation under China-Pakistan Economic Corridor (CPEC) project to accrue maximum benefits of this important phase and ensure win-win situation for the both countries.

Published 18 Oct, 2017 12:00am

CPEC project: Pakistan, China agree to fast-track industrial Cooperation

Pakistan and China on Tuesday agreed to fast track the industrial cooperation under China-Pakistan Economic Corridor (CPEC) project to accrue maximum benefits of this important phase and ensure win-win situation for the both countries.

Published 18 Oct, 2017 12:00am

CPEC project: Pakistan, China agree to fast-track industrial Cooperation

Pakistan and China on Tuesday agreed to fast track the industrial cooperation under China-Pakistan Economic Corridor (CPEC) project to accrue maximum benefits of this important phase and ensure win-win situation for the both countries.

Published 18 Oct, 2017 12:00am

Wheat loan outstanding soars to Rs 600 billion in fiscal year 2017

With a bumper crop and rising stocks, the outstanding loan against wheat procurement soared to Rs 600 billion in FY17. The outstanding amount of loans against the procurement of wheat continues to move up as the domestic production is increasing supported

Published 18 Oct, 2017 12:00am

Wheat loan outstanding soars to Rs 600 billion in fiscal year 2017

With a bumper crop and rising stocks, the outstanding loan against wheat procurement soared to Rs 600 billion in FY17. The outstanding amount of loans against the procurement of wheat continues to move up as the domestic production is increasing supported

Published 18 Oct, 2017 12:00am

Wheat loan outstanding soars to Rs 600 billion in fiscal year 2017

With a bumper crop and rising stocks, the outstanding loan against wheat procurement soared to Rs 600 billion in FY17. The outstanding amount of loans against the procurement of wheat continues to move up as the domestic production is increasing supported

Published 18 Oct, 2017 12:00am

Exchange

World Bank concedes mistake

Subsequent to discussions with a Pakistani delegation led by Secretary Finance Division Shahid Mehmood, the World Bank has acknowledged the error it made in its recent report on the estimates of gross external financing needs for the current fiscal year -

Updated 18 Oct, 2017 12:43pm

Judicial system needs reform

In his keynote address at the concluding session of second Punjab Women Judges Conference, Chief Justice Mian Saqib Nisar was only iterating basic principles of justice when he advised his audience to know the law and ensure due process to improve the qua

Published 18 Oct, 2017 12:00am

IMF's anti-corruption role

The International Monetary Fund (IMF) is expected to add stricter anti-corruption clauses to its already long list of conditionalities to all its future loan arrangements. The Fund has made promises to the effect during its London summit last year and the

Published 18 Oct, 2017 12:00am

As Xi ascends, will economic reforms finally take off?

As Chinese President Xi Jinping prepares for a second five-year term, foreign investors will be watching for any sign of his long-promised reforms to further open up the world's second-largest economy. Xi will likely lay out his future economic policies o

Published 18 Oct, 2017 12:00am

Inspection battle threatens Egypt's wheat supply

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. Those trips, funded by

Published 18 Oct, 2017 12:00am

Currency

Clarification by MoF

This is apropos a Business Recorder op-ed "Between a rock and a hard place" carried by the newspaper recently. We submit the following in response:

Updated 18 Oct, 2017 04:48pm

IGP may be forced to revive decades-old black police uniform

Punjab Inspector General of Police (IGP) Arif Nawaz Khan is likely to be forced by his subordinates for revival of decades-old black police uniform as a large number of the police officials reportedly showed resentment over the newly-introduced olive-gree

Published 18 Oct, 2017 12:00am

No room for corrupt officials in NAB: Justice Iqbal

Chairman National Accountability Bureau (NAB), former Justice Javed Iqbal has asked the officers to refrain from indulging in corrupt practices as the corrupt had no place in the bureau, said a press release. Addressing a meeting here to review performanc

Published 18 Oct, 2017 12:00am

Energy, connectivity: Pakistan pursuing proactive approach for enhancing cooperation: Rabbani

Chairman Senate Raza Rabbani has said that Pakistan is pursuing a proactive approach for achieving an agenda of enhancing cooperation in the areas of energy and connectivity, greater economic interaction, addressing the security issues and forging closer

Published 18 Oct, 2017 12:00am

90 percent humidity forecast for Karachi

Humidity in Karachi is likely to shot up to 90 percent in the next 48 hours as the Met Office on Tuesday forecast warm weather. Temperature in the city is expected to range up to 38 degrees Celsius on Wednesday and 39 degrees Celsius on Thursday.

Published 18 Oct, 2017 12:00am

SCCI chief for 'support industry' to facilitate businessmen

President Sialkot Chamber of Commerce and Industry (SCCI) Zahid Latif Malik has stressed the need for setting up "Support industry" to facilitate industrial sector of the country. In order to cope with future challenges of industrial sector and government

Published 18 Oct, 2017 12:00am

Appointment of Member Ogra: three names short-listed

A selection committee has short-listed three candidates for the post of Member Gas Oil and Gas Regulatory Authority (Ogra) and sent it to Prime Minister for selection of final candidate for the post, sources said.

Published 18 Oct, 2017 12:00am

Consumers slam Lesco for extorting huge amount against faulty meters

The Lesco consumers have criticized overcharging against faulty meters while issuing them theft notices on disappearance of units from meter screens installed outside their residences. "They are also charging detection bill besides penalties on my bill th

Published 18 Oct, 2017 12:00am

Clash of institutions will hurt Pakistan, says Hamza

Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shahbaz has warned that political conflict among government institutions will hurt Pakistan. "Politics is not the name of leveling accusations but to serve the nation," he said while addressing a ceremony

Published 18 Oct, 2017 12:00am

Triple murder case: six condemned prisoners acquitted

The Lahore High Court on Tuesday acquitted six condemned prisoners including four real brothers convicted in a triple murder case. The convicts including Muhammad Hussain, Ahmad Din, Munir Ahmad, Rehmat Ali, Sarja and Soja had challenged their conviction.

Published 18 Oct, 2017 12:00am

Sindh CM-Sethi meeting today to discuss PSL matches plan

Pakistan Cricket Board (PCB) Chairman Najam Sethi will meet Sindh Chief Minister Syed Murad Ali Shah on Wednesday (today) to discuss preparations for hosting Pakistan Super League (PSL) matches in Karachi. Sethi took to Twitter to announce the development

Published 18 Oct, 2017 12:00am

Akhuwat to set up university in Lahore

The Akhuwat Foundation is going to set up a university in Lahore where deserving students will get free education or pay fee after getting jobs. Foundation's Executive Director Dr. Muhammad Amjad Saqib revealed this during a meeting with Federation of Pak

Published 18 Oct, 2017 12:00am

Middle East: speakers for cultivating partners beyond Saudi Arabia-Iran binary

Pakistan's decade-old approach to the Middle East, shaped by competing religious and post-colonial heritages needs re-imagining given the rise of new power poles in the Middle East, and focus on a more structured, firmer policy. The country needs to redef

Published 18 Oct, 2017 12:00am

Zardari slams Sharif for 'fighting' with courts

Co-chairman Pakistan Peoples' Party Asif Zardari has said that his policy of reconciliation was for the sake of democracy, not Nawaz Sharif. He criticised Nawaz Sharif for fighting with courts instead of contesting cases in the courts of law. PPP will not

Published 18 Oct, 2017 12:00am

'Subsidy on DAP fertilizer being provided to 5.2 millions farmers in Punjab'

A spokesman for Agriculture Department has said that under Khadam-E- Punjab Kissan package, the government is providing subsidy on DAP fertilizer to 5.2 million farmers in the province in the form of vouchers which will be sealed in the bag of DAP fertili

Published 18 Oct, 2017 12:00am

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

LCCI urges government to withdraw infrastructure development cess

The Lahore Chamber of Commerce and Industry has urged the Punjab government to withdraw Punjab infrastructure development cess as it is a dual tax and distressing the industries in Punjab.

Published 18 Oct, 2017 12:00am

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

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

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

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

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

Partly Facetious: Cover is not important

"I propose an amendment to the constitution."

Published 18 Oct, 2017 12:00am

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

Rural Women Day: Tarar for building trust of rural women in government policies

The government is taking all possible steps to address the problems faced by the rural women and there is a dire need to build trust of rural women in government policies. This was stated by Federal Minister for Human Rights Mumtaz Ahmed Tarar while addre

Published 18 Oct, 2017 12:00am

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

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

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

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

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

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

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

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

Deceptive marketing practices: CCP issues show-cause notices to fabric companies

The Competition Commission of Pakistan (CCP) has issued show cause notices to eight fabric and packaging companies for deceptively using the registered trademark of ShajarPak (Pvt) Limited, a fabric manufacturer.

Published 18 Oct, 2017 12:00am

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

2018 election: Kamal rules out possibility of alliance with any party

The Chairman Pak Sarzameen Party Mustafa Kamal has ruled out the possibility of electoral alliance with any political party and maintained that his party would take part in the general elections with its name and manifesto.

Published 18 Oct, 2017 12:00am

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

Ministry of Energy: proposal to recover Rs 12 billion GIDC from CNG sector may be submitted to ECC

Ministry of Energy is likely to submit a proposal to the Economic Coordination Committee (ECC) of the Cabinet for recovery of Rs 12 billion Gas Infrastructure Development Cess (GIDC) from CNG sector.

Published 18 Oct, 2017 12:00am

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

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

Probe body's findings: Kachhi Canal project okayed sans its feasibility study

An inquiry committee constituted by Council of Common Interest (CCI) to investigate the irregularities in mega Kachhi Canal Project has held the then deputy chairman Planning Commission and Chief (Water Resources) guilty in its final findings.

Published 18 Oct, 2017 12:00am

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

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

Deportation of Turkish family: LHC summons CAA's record about Turkish plane's arrival

The Lahore High Court (LHC) Tuesday summoned the record of Civil Aviation Authority (CAA) by October 25 regarding arrival of a Turkish plane allegedly to take out former vice president of Pak-Turk Schools Mesut Kacmaz and his family from Pakistan.

Published 18 Oct, 2017 12:00am

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

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

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

New York cotton

The following were the fluctuations observed during the day:

Published 18 Oct, 2017 12:00am

New York cotton

The following were the fluctuations observed during the day:

Published 18 Oct, 2017 12:00am

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Currency

Early trade in New York: dollar rises against basket of currencies

The dollar rose to a one-week high against a basket of currencies on Tuesday on speculation that US President Donald Trump was leaning towards nominating a Federal Reserve head who would be more inclined to raise interest rates at a faster pace. The green

Published 18 Oct, 2017 12:00am

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

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

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

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 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

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

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

FIFA Sec General hopes TV rights scandal 'will not disrupt' Qatar World Cup

FIFA's number two Fatma Samoura said Tuesday she hoped the criminal investigations into the sale of World Cup rights to the Qatari-owned beIN Media group will not "disrupt" Qatar's hosting of the 2022 World Cup. Swiss prosecutors said last week a criminal

Published 18 Oct, 2017 12:00am

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

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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