News Archives for Print - 2017-10-20

Print - 2017-10-20

LCCI, FMCG hold demonstration against levying RD on various items

Members of the Lahore Chamber of Commerce & Industry (LCCI) and the Pakistan FMCG Importers Association staged a strong protest demonstration here on Thursday to press the government for immediate withdrawal of recently levied regulatory duties on differe

Published 20 Oct, 2017 12:00am

Three candidates shortlisted for Ogra Member''s slot

The Petroleum Division has shortlisted three candidates for the post of Member Gas, Oil and Gas Regulatory Authority (Ogra) who do not meet the criteria for the post, sources revealed to this correspondent. A selection committee has shortlisted three cand

Published 20 Oct, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 19, 2017).

Published 20 Oct, 2017 12:00am

Another spate of RDs

The Federal Board of Revenue (FBR) has increased regulatory duty (RD) on 713 items ranging from between 5 and a whopping 80 percent as well as imposing RD on 97 new items. This decision was taken in the background of the worryingly persistent current acco

Published 20 Oct, 2017 12:00am

The Weather

The weather report on Thursday (October 19, 2017) and the forecast for Friday (October 20, 2017).

Published 20 Oct, 2017 12:00am

BJP trying to re-invent history

Ever since its massive victory in the 2014 general elections, India's ruling Bharatiya Janata Party would do anything and everything to alienate the minorities, particularly Muslims, to appease the Hindu majority. There is a difference, however subtle, be

Published 20 Oct, 2017 12:00am

Exchange

Need for National Tax Authority

All efforts in the name of tax reforms (so-called) undertaken in Pakistan till today have miserably failed. These were nothing but mere patchworks here and there. Restructuring and redesigning of tax system has not been given any serious thought by our po

Published 20 Oct, 2017 12:00am

Exchange

Reko Diq copper: blessing or curse?

Bad news has been coming recently of Pakistan losing the case in International tribunal on the Reko Diq case. The penalty expected varies from 300-400 million USD to many billions of USD, depending on the approach to loss compensation adopted. In this ver

Published 20 Oct, 2017 12:00am

Exchange

Surging wages lead to monetary tightening in Central Europe

Mounting labour shortages and surging wages across Central Europe are nudging inflation higher, prompting some central banks in the fast-growing region to tighten policy after years of monetary easing. The Czech central bank already delivered a first smal

Published 20 Oct, 2017 12:00am

Cotton

'Outlook for growth'

This is apropos an article "Outlook for growth" carried by Business Recorder recently. At the outset, with regard to overstated GDP, a number of clarifications have already been issued by the Ministry of Finance. However, it is stated again for the

Updated 20 Oct, 2017 01:42pm

IZUC using delaying tactics in providing details of various accounts

A parliamentary panel was informed on Thursday that the Islamabad Zakat and Usher Committee (IZUC) has been using delaying tactics since 2010 in providing details of various accounts for audit. The meeting of the sub-committee of the Public Accounts Commi

Published 20 Oct, 2017 12:00am

Exchange

Pakistan taking indiscriminate action against all terrorists: FO

Ahead of the an expected visit of US Secretary of State Rex Tillerson next week for talks, Foreign Office Thursday insisted that Pakistan has taken indiscriminate action against all terrorists and reiterated that terror groups are operating from the ungov

Published 20 Oct, 2017 12:00am

NA body approves Pakistan Private Courier Regulatory Authority Bill 2015

The National Assembly Standing Committee on Communication approved the Pakistan Private Courier Regulatory Authority Bill, 2015, which was moved by MNA Belum Hasnain. The committee considered the proposals by the courier companies' representatives before

Published 20 Oct, 2017 12:00am

Pakistan, US need to work jointly to achieve strategic targets: Aizaz

Pakistan Ambassador to the United States, Aizaz Ahmad Chaudhry, called on US Senator Elizabeth Warren at the Capitol Hill on Wednesday and apprised her on Pakistan's successes in the war against terrorism. Aizaz Chaudhry also briefed Elizabeth Warren, who

Published 20 Oct, 2017 12:00am

Exchange

SECP empowered to form panel on government bond pricing

The Securities and Exchange Commission of Pakistan has been empowered to constitute an advisory committee comprising SECP, State Bank of Pakistan (SBP) and market experts to formulate methodology for pricing of government securities. Under SRO 1064(I)/201

Published 20 Oct, 2017 12:00am

Exchange

SECP empowered to form panel on government bond pricing

Published 20 Oct, 2017 12:00am

Elimination of corruption top priority, says NAB chief

Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal on Thursday said elimination of corruption was top priority of NAB and promotions in the bureau would be given only on merit, seniority, performance and according to law.

Published 20 Oct, 2017 12:00am

Injustice, atrocities cannot go together: Maryam

Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz Thursday said that injustice and atrocities cannot go together and one day there would be accountability of the accountability process. Talking to media persons after her indictment by the accountab

Published 20 Oct, 2017 12:00am

National Savings: Dar asks FBR to remove anomaly in tax regime

Finance Minister Ishaq Dar Thursday chaired a meeting to review the performance and other matters related to National Savings. At the outset, the finance minister stated that it had come to his notice that an anomaly in the tax regime had resulted in taxa

Published 20 Oct, 2017 12:00am

Three militants held in Karachi

The Counter Terrorism Department (CTD) on Thursday apprehended three proclaimed terrorists in different localities of metropolis and recovered arms and ammunition from their possession. According to spokesman of CTD, the personnel conducted raids at late

Published 20 Oct, 2017 12:00am

CDWP approves 31 uplift projects

Central Development Working Party (CDWP) has approved as many as 31 development projects at the cost of Rs 360 billion, including 12 mega projects at an estimated cost of Rs 342 billion, which have been referred to Executive Committee of National Economic

Published 20 Oct, 2017 12:00am

NRL profit after tax stands at Rs 1.700 billion

The profit after tax of National Refinery Limited (NRL) stood at Rs 1.700 billion in the quarter ended September 30, 2017 as compared to Rs 1.905 billion in the corresponding period in 2016. The board of directors of the company in its meeting held on Thu

Published 20 Oct, 2017 12:00am

NRL profit after tax stands at Rs 1.700 billion

Published 20 Oct, 2017 12:00am

FFC launches drive against hepatitis C in district Ghotki

The largest fertilizer producer of the country, Fauji Fertilizer company limited (FFC) in collaboration with district government has launched a campaign against the fast increasing Hepatitis 'C' in district Ghotki of Sindh.

Published 20 Oct, 2017 12:00am

UHS issues fresh advisory for MDCAT candidates

The University of Health Sciences (UHS) has issued fresh instructions for the candidates who would appear in Medical & Dental Colleges' Admission Test (MDCAT) being re-conducted by the varsity on October 29.

Published 20 Oct, 2017 12:00am

UAF retains world's 97th best university title

The University of Agriculture Faisalabad has become 97th best university of world in the subject of Agriculture Sciences and 240th best university in the field of agriculture as per recent National Taiwan University ranking 2017 announced this month.

Published 20 Oct, 2017 12:00am

Development schemes: W&CD's XEN accused of discriminating against contractors

Government contractors of Orakzai tribal region have accused a local Xen of Works and Communication Department of discriminating in awarding of contracts of various developmental schemes and demanded of Khyber Pakhtunkhwa Governor Iqbal Zaffar Jhagra and

Published 20 Oct, 2017 12:00am

Dettol celebrates 'Global Hand Washing Day'

Dettol, one of the leading brands of Reckitt Benckiser (RB), celebrated the Global Hand Washing Day with their campaign 'Letter for Life' this week. The main objective of this campaign is to raise awareness about the importance of hand washing with soap,

Published 20 Oct, 2017 12:00am

Review board extends Hafiz Saeed's detention

A provincial review board comprising judges of the Lahore High Court on Thursday extended detention of Jamatud Dawa (JuD) Chief Hafiz Saeed for a month and refused to extend detention of his four aides.

Published 20 Oct, 2017 12:00am

Grenade attacks injure 44 in Gwadar, Mastung

Two separate hand grenade attacks in Mastung and Gwadar areas on Thursday injured 44 people, some of them seriously, police and hospital officials said. The incidents took place in Mastung and Gwadar districts.

Published 20 Oct, 2017 12:00am

SBP's booklet for consumers' awareness

The State Bank of Pakistan (SBP) has developed a booklet on 'Know Your Rights and Responsibilities as a Bank's Consumer' and a brochure on 'Protecting Your Payment Cards'. According to SBP, adequate financial literacy is one of the integral components of

Published 20 Oct, 2017 12:00am

NUST ranks 91st in Asian region: QS

According to the Quacquarelli Symonds (QS) Asian Ranking 2018, the National University of Sciences & Technology (NUST), Pakistan has moved up the ladder to No. 91 in the Asian region - this latest position by NUST is a whopping 38 ranks higher than 2014,

Published 20 Oct, 2017 12:00am

PPP will win elections from South Punjab in 2018: Zardari

Co-chairman Pakistan Peoples' Party (PPP) Asif Ali Zardari has said PPP would win elections from South Punjab in 2018. He was talking to PPP ticket holders from rural areas at the Bilawal House on Thursday. "Not only South Punjab but PPP would also secure

Published 20 Oct, 2017 12:00am

JI calls for reviving students' unions

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has called for reviving the students unions to enable the youth play their role in the nation building. While addressing a gathering of the JI youth in connection with the Azme Nau convention of the party

Published 20 Oct, 2017 12:00am

Exchange

Forex reserves up by $381 million

The country's liquid foreign exchange reserves rose by $ 381 million during last week supported by arrival of official inflows. According to State Bank of Pakistan, total liquid forex reserves reached $20.053 billion as on October 13, 2017, compared to $1

Published 20 Oct, 2017 12:00am

Cuban Food Festival at Islamabad Marriott Hotel

The Islamabad Marriott Hotel in collaboration with the Cuban embassy brings the first-of-its kind Cuban Food Festival to the capital. Sponsored by the Turkish Airlines, the festival will kick off on Saturday, October 21st, attracting food enthusiasts from

Published 20 Oct, 2017 12:00am

Partly Facetious: 'Captain retired Safdar'

"Maryam Nawaz has answered."

Published 20 Oct, 2017 12:00am

Exchange

PBIF's reservations over FTA with Thailand

The president of the Pakistan Businessmen and Intellectuals Forum, Mian Zahid Hussain, has said that the government plans to finalize a free trade agreement with Thailand in January, despite the reservations of the business community.

Published 20 Oct, 2017 12:00am

Self-clearance of 45 imported items suspended

Customs Appraisement South has ordered suspension of self-clearance of 45 imported items with effect from October 20, 2017 (today). According to sources, the commercial importers, who cleared consolidated or multiple consumer product consignments against

Published 20 Oct, 2017 12:00am

Exchange

United Bank posts Rs 5.855 billion PAT

United Bank Limited posted Rs 5.855 billion profit after tax in the quarter ended September 30, 2017 as compared to Rs 7.009 billion earned in the corresponding period in 2016. The bank's earning per share stood at Rs 4.78 in the period under review again

Published 20 Oct, 2017 12:00am

Exchange

United Bank posts Rs 5.855 billion PAT

Published 20 Oct, 2017 12:00am

Fishermen demand healthcare facilities at their doorsteps

Fishermen of Keamari's tiny islands have demanded healthcare facilities at the doorsteps to treat patients, especially women. The tiny islands, Baba and Bhit with a sizeable population mainly the fishermen, are unhappy with the government's lack of attent

Published 20 Oct, 2017 12:00am

Pakistan-based Japanese companies briefed on IPR Unit

The Consulate General of Japan in collaboration with Japan External Trade Organization (JETRO) co-hosted a seminar on "Intellectual Property Rights Enforcement" to brief the Japanese companies based in Pakistan about the newly-established IPR Unit and its

Published 20 Oct, 2017 12:00am

Hot and dry weather likely in most parts of country

Mainly hot and dry weather is expected in the most parts of the country in the next 24 hours, the Met Office said on Thursday. However, it said, rain-thunderstorm may occur at a few places in Malakand Division, Upper Fata and Gilgit-Baltistan. Highest tem

Published 20 Oct, 2017 12:00am

Exchange

Profit after tax of POL increases to Rs 2.534 billion

The profit after tax of Pakistan Oilfields increased to Rs 2.534 billion in the quarter ended September 30, 2017 as compared to Rs 2.317 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting held on Thurs

Published 20 Oct, 2017 12:00am

Exchange

Profit after tax of POL increases to Rs 2.534 billion

Published 20 Oct, 2017 12:00am

Exchange

Profit after tax of APL stands at Rs 1.330 billion

The profit after tax of Attock Petroleum Limited (APL) stood at Rs 1.330 billion in the quarter ended September 30, 2017 as compared to Rs 1.563 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting held

Published 20 Oct, 2017 12:00am

Exchange

Profit after tax of APL stands at Rs 1.330 billion

Published 20 Oct, 2017 12:00am

Exchange

Attock Refinery posts Rs 758.046 million profit after tax

Attock Refinery Limited posted Rs 758.046 million as profit after tax in the quarter ended September 30, 2017 as compared to Rs 1,227.987 million earned in the corresponding period in 2016. The board of directors of the company in its meeting held on Thur

Published 20 Oct, 2017 12:00am

Exchange

Attock Refinery posts Rs 758.046 million profit after tax

Published 20 Oct, 2017 12:00am

'Terrorist' gunned down in Karachi

Sindh Rangers have on Thursday gunned down a terrorist during an operation in Karachi's Memon Goth area. As per details, on a tip off about the presence of terrorists in the area, the paramilitary force carried out an operation in Memon Goth area of the m

Published 20 Oct, 2017 12:00am

Sindhi translation of OSH module: Minister announces Rs 2.5 million financial assistance for EFP

Sindh Minister for Labour, Transport and Information Minister Nasir Hussain Shah has announced the Rs 2.5 million financial assistance for Employers' Federation of Pakistan (EFP) to develop the Sindhi translation of OSH module with the help of the ILO-ITC

Published 20 Oct, 2017 12:00am

Exchange

Rice shipment: REAP rejects TDAP proposal

Rice Exporters Association of Pakistan (REAP) has rejected Trade Development Authority of Pakistan's proposal of making pre-shipment inspection of all rice shipments mandatory. A delegation of REAP led by its chairman Chaudhry Samee Ullah Naeem Thursday h

Published 20 Oct, 2017 12:00am

Exchange

Senate body approves 'Pakistan Marine Insurance Bill' with amendments

The Senate Standing Committee on Commerce and Textile Industry has approved the "Pakistan Marine Insurance Bill, 2017" with certain amendments to encourage and promote marine insurance sector, provide a legal framework for regulations and formulate rules

Published 20 Oct, 2017 12:00am

Lieutenant-General Zahid installed as Colonel Commandant of AMC

Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Army Medical Center(AMC), Abbottabad, Thursday in connection with installation ceremony of Colonel Commandant of Army Medical Corps and Commanding Officers' Conference. Lieutenant-General Zahid

Published 20 Oct, 2017 12:00am

PM arrives in Istanbul to attend D-8 conference

Prime Minister Shahid Khaqan Abbasi arrived at Istanbul, Turkey, on Thursday to attend the 9th D-8 conference. A statement issued by the Prime Minister Office stated that Abbasi was received by Deputy Governor of Istanbul Mehmet Ali Ulutas at the Istanbul

Published 20 Oct, 2017 12:00am

Maleeha apprises UNGA president about India's violation of LoC

Pakistan's Ambassador to the United Nations, Maleeha Lodhi, has drawn the attention of UN General Assembly President Miroslav Lajcak, to India's continuing violations of the Line of Control (LoC) in the disputed Kashmir region, and urged him to play a rol

Published 20 Oct, 2017 12:00am

Senate body directs CDA to propose amendments in its existing law

The Senate Standing Committee on Cabinet Secretariat has directed Capital Development Authority (CDA) to propose amendments in its existing law to allow public-private partnership development, open D-Chowk in front of the Parliament House building for the

Published 20 Oct, 2017 12:00am

Pakistan condemns attack on Afghan Army base

Pakistan Thursday strongly condemned the terrorist attacks that targeted the Afghan National Army base in Maiwind district in Kandhar province in which more than 40 soldiers were killed. "We are grieved at the loss of precious lives in the cowardly attack

Published 20 Oct, 2017 12:00am

Nawaz to deliver lecture on Pak-UK ties at British parliament

Pakistan's former Prime Minister Nawaz Sharif would be delivering a lecture on Pak-UK relations in the prestigious British parliament, said Britain's trade envoy to Pakistan and Conservative Member of Parliament (MP) Rehman Chishti. Rehman Chishti called

Published 20 Oct, 2017 12:00am

Students urged to engage in healthy debate for creative ideas

Ahmer Bilal Soofi, former federal minister for law and parliamentary affairs and an international lawyer Thursday emphasised need for the students to distance themselves from extensive use of technology while advising them to engage in healthy debate to g

Published 20 Oct, 2017 12:00am

Chemical arms: Pakistan takes action to prevent non-state actors: envoy

Pakistan has taken steps to prevent non-state actors from obtaining and using chemical and biological weapons, a senior Pakistani diplomat has told the United Nations, while sharing international community's concern over the danger of such arms falling in

Published 20 Oct, 2017 12:00am

All set to use EVMs in NA-4 by-poll: ECP

The Election Commission of Pakistan (ECP) has finalized the preparations to use the Electronic Voting Machines (EVMs) during by-election in NA-4, Peshawar. The voting system will be introduced first time in the country. Briefing the media persons at press

Published 20 Oct, 2017 12:00am

Exchange

SCCI demands withdrawal of RD on imported items

Sarhad Chamber of Commerce and Industry (SCCI) has slammed the Federal Government over the recent imposition of regulatory duty on imported items, and called it a 'mini budget', demanding of the federal government to immediately withdraw its decision. In

Published 20 Oct, 2017 12:00am

'Militants focusing on Balochistan, Sindh after Fata operations'

After a string of successful military operations in the FATA regions, the provinces of Balochistan and Sindh appear to have become the main hubs for militant activity, with a pronounced focus on security forces, a report said Thursday.

Published 20 Oct, 2017 12:00am

'Sharif family appearing in courts without inhibitions'

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb talking to the media outside the accountability court on the eve of appearance of Captain Safdar here Thursday strongly refuted the notion that the former Prime Minis

Published 20 Oct, 2017 12:00am

EDP regularly monitoring pollution in air: minister

The Environment Department Punjab (EDP) is regularly monitoring the pollution particles in the air through its six air-monitoring stations which are fully operational and working continuously. "Indian farmers had set the remnants of their rice crop on fir

Published 20 Oct, 2017 12:00am

Youth holds key of future: Shahbaz

Punjab Chief Minister Shehbaz Sharif on Thursday said that youth holds the key of future as the people of his age have played their innings and now it is turn of the youth to play its role in national development. Shehbaz said this while talking to a dele

Published 20 Oct, 2017 12:00am

Appointment of VCs: speakers call for reforming search committee

Speakers at the launch of a book titled "Need of reforms at the Universities in Sindh" have called for reconstituting the search committee appointing vice chancellors at the Universities in Sindh to appoint VCs purely on merit and appointing chancellor at

Published 20 Oct, 2017 12:00am

Tillerson to visit Pakistan, Saudi Arabia, Qatar

US Secretary of State Rex Tillerson travels to Saudi Arabia and Qatar this weekend to engage with two US allies locked in a protracted diplomatic row, the State Department said Thursday. After Riyad and Doha, the secretary will go to Islamabad and New Del

Published 20 Oct, 2017 12:00am

Democracy can't survive without accountability: Bilawal

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Thursday said that Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan opposes the rights of women. "My reservations are with Imran's policies," Bilawal said as he spoke at the media after att

Published 20 Oct, 2017 12:00am

IBAN mandatory for maintaining CDS account

Central Depository Company (CDC) has made it mandatory for account holders to provide International Bank Account Numbers (IBAN) as part of the registration details for existing and new accounts in the Central Depository System (CDS).

Published 20 Oct, 2017 12:00am

Chelsea snatch draw as Man Utd edge Benfica

Chelsea were grateful to Eden Hazard for grabbing a 3-3 draw in a Champions League thriller against Roma on Wednesday, while Manchester United, Barcelona, Paris Saint-Germain, Bayern Munich and Juventus all won. Hazard headed in his second goal of the nig

Published 20 Oct, 2017 12:00am

Merkel, Macron back Spain in Catalan crisis

German Chancellor Angela Merkel and French President Emmanuel Macron voiced strong support for Madrid in the Catalan independence crisis on Thursday, backing the Spanish government's response to the country's worst political crisis in decades.

Published 20 Oct, 2017 12:00am

Russia waging 'warfare' by interfering in elections: Haley

Russia is using election interference as a "weapon of choice" to undermine democracy worldwide and must be held accountable for this "warfare," US Ambassador to the United Nations Nikki Haley said Thursday. "When a country can come and interfere in anothe

Published 20 Oct, 2017 12:00am

Spain to push ahead with suspending Catalan autonomy

Spain said Thursday it will start seizing some of the Catalan regional government's powers after its leader warned he could declare independence, drastically upping the stakes as Madrid battles to keep the country together. The central government gave Cat

Published 20 Oct, 2017 12:00am

UK sets deadline for stalled Northern Ireland talks

Britain on Wednesday set a new deadline of October 30 for Northern Ireland's deadlocked political parties to reach a powersharing deal, warning it would otherwise have to impose direct rule. Northern Ireland Secretary James Brokenshire warned that without

Published 20 Oct, 2017 12:00am

Brexit will leave UK 'poorer and weaker': ex-MI6 chief

Britain could be left "poorer and weaker" by Brexit and needing to spend more to maintain influence abroad, the former head of the country's foreign intelligence agency warned on Thursday. John Sawers, head of the Secret Intelligence Service - known as MI

Published 20 Oct, 2017 12:00am

Uproar as Turkey detains top civil society figure

Turkish police have detained businessman and leading civil society activist Osman Kavala, reports and his lawyer said Thursday, raising fresh alarm over freedom of expression under President Recep Tayyip Erdogan. Kavala was detained at Istanbul's Ataturk

Published 20 Oct, 2017 12:00am

Huge cave found on moon, could house astronauts: Japan scientists

Scientists at Japan's space agency have discovered a huge moon cave that could one day house a base that would shelter astronauts from dangerous radiation and wild temperature swings, officials said Thursday. Data taken from Japan's SELENE lunar orbiter h

Published 20 Oct, 2017 12:00am

Blaze guts historic teak wood Yangon hotel

A Japanese man was killed when a fire tore through a luxury teak wood hotel in Myanmar's largest city Yangon on Thursday, destroying an iconic resort popular with foreign visitors. Hundreds of firefighters tried to quell the blaze, which broke out at arou

Published 20 Oct, 2017 12:00am

Iraqi Kurds say open to talks after Baghdad military operation

The Iraqi Kurdish regional government said Thursday it was open to talks with Baghdad after central government forces seized a swathe of disputed territory from Kurdish fighters. "The cabinet welcomes the initiative of Prime Minister Haider al-Abadi on st

Published 20 Oct, 2017 12:00am

Hafeez reported for suspect bowling action

Pakistan off-spinner Mohammad Hafeez has been reported for a suspect bowling action during the third one-day international against Sri Lanka in Abu Dhabi, the International Cricket Council said Thursday. The ICC said the match officials' report, which was

Published 20 Oct, 2017 12:00am

Rybolovlev charged in ongoing art legal battle

Dmitry Rybolovlev, the Russian billionaire president of Monaco football club was charged Thursday with "being complicit in violating privacy" as part of a long-running fraud dispute with Swiss art dealer Yves Bouvier. Legal sources said Rybolovlev "was ch

Published 20 Oct, 2017 12:00am

Donovan mulls run for US Soccer presidency

Landon Donovan, the all-time goals co-leader for the United States national team, is considering running for president of the US Soccer Federation, Sports Illustrated and ESPN reported Wednesday. The 35-year-old striker, who last played for the American s

Published 20 Oct, 2017 12:00am

Imam ready to follow Inzamam's footsteps

Pakistan cricket's newest discovery Imam-ul-Haq has some very large footsteps to follow in - those of his uncle, the great Inzamam-ul-Haq. But Imam wasted no time in getting started, smashing a match-winning century on his one-day international debut agai

Published 20 Oct, 2017 12:00am

Taylor, Latham steer Kiwi win in India

New Zealand batsmen hit two centuries to propel their team to victory, defeating the Indian Board President's XI by 33 runs on Thursday in the second and final warm-up match in Mumbai. Kiwi middle order batsmen Ross Taylor and Tom Latham struck centuries

Published 20 Oct, 2017 12:00am

PSG's Khelaifi to be quizzed in Swiss World Cup probe

Paris Saint-Germain president and beIN Media chief Nasser al-Khelaifi will be questioned by Swiss prosecutors on October 25 in a World Cup media rights probe, his lawyer told AFP Wednesday. Khelaifi, a Qatari, "wanted to be heard as soon as possible by th

Published 20 Oct, 2017 12:00am

English clubs bite back in Champions League

After several years in the doldrums, English clubs have returned to the fore in the Champions League with a succession of attention-grabbing performances. Manchester United, Chelsea, Liverpool, Manchester City and Tottenham Hotspur top their respective po

Published 20 Oct, 2017 12:00am

Chief of Naval Staff Amateur Golf from November 10

The 7th Chief of the Naval Staff Golf Championship will be played under the auspices of Pakistan Golf Federation (PGF) from November 10 to 12 here at Garrison Golf & Country Club. A large number of golfers from across the country are participating in the

Published 20 Oct, 2017 12:00am

Currency

Euro climbs to one-week high in Europe

The euro climbed to a one-week high on Thursday as investors shrugged off political uncertainty emerging from Spain before a central bank meeting next week where policymakers are expected to reveal plans to unwind their multi-year stimulus policies. The s

Published 20 Oct, 2017 12:00am

Yields on two-year Treasury notes rise

Yields on 2-year Treasury notes rose to their highest since November 2007 on Wednesday as expectations for tighter global monetary policy pushed bond investors to sell shorter-dated debt. The yield spread between US 2-year government debt and its German c

Published 20 Oct, 2017 12:00am

Yields on two-year Treasury notes rise

Published 20 Oct, 2017 12:00am

Tokyo stocks posts longest string of gains in 30 years

Tokyo's benchmark index rose Thursday to post its longest string of gains in nearly 30 years, as corporate earnings get into full swing and voters in the world's number-three economy head to the polls this weekend. The Nikkei 225 gained 0.40 percent, or 8

Published 20 Oct, 2017 12:00am

European shares fall on Catalonia standoff, disappointing Q3 earnings

European shares fell across the board on Thursday as Spain's political showdown with Catalonia deepened, and a batch of third-quarter results brought some disappointments for investors. The pan-European STOXX 600 touched its lowest level this month and en

Published 20 Oct, 2017 12:00am

Indian shares down in 'muhurat' trading

Indian shares ended lower on Thursday in a brief session of special 'muhurat' trading for the festival of Diwali, with banking stocks such as ICICI Bank Ltd and HDFC Bank Ltd declining the most. The trading session, which lasted for about an hour, saw the

Published 20 Oct, 2017 12:00am

Southeast Asian markets: Thai shares fall most in 11 months; Philippines rebounds

Thai shares on Thursday recorded their biggest single-day fall since mid-November while Philippine shares reversed losses by the end of the session. Sentiment in the region was dampened by a fall in Asian stocks which shed gains after data showed that gro

Published 20 Oct, 2017 12:00am

FTSE falls as profit warnings bruise IWG, Interserve

Britain's main share index fell 0.3 percent on Thursday as a weak third-quarter update from Unilever weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing

Published 20 Oct, 2017 12:00am

Currency

Dollar rises against yen in Asia

The dollar hit its highest in about two weeks against the yen on Thursday, supported by this week's rise in US bond yields, with the market's attention turning to who will next lead the Federal Reserve and this weekend's Japanese election. The dollar inde

Published 20 Oct, 2017 12:00am

Currency

Kiwi sinks, Aussie steadies

The New Zealand dollar tumbled to a 4-1/2 month low on Thursday after the left-leaning Labour Party won the support of a minor nationalist party to form a ruling coalition, following an inconclusive election last month. Winston Peters, the leader of the s

Published 20 Oct, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 15	281.68
USD PKR Interbank Buying / May 15	281.43
USD to Japanese Yen / May 15	145.80
USD to Swiss Franc / May 15	0.84
Pound Sterling to USD / May 15	1.33
Euro to USD / May 15	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
Nasdaq / May 14	19,146.81
Dow Jones / May 14	42,051.06
India Sensex / May 15	80,937.53
Tokyo Nikkei / May 15	37,755.51
Hang Seng / May 15	23,453.16
FTSE 100 / May 15	8,561.58
Germany DAX 30 / May 15	23,462.44
France CAC40 / May 15	7,814.71

Item	Value
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Petrol/Litre / May 15	252.63
Crude Oil USD/Barrel / May 15	60.66
Gold Spot USD/Ounce / May 15	3,162.99
Diesel/Litre / May 15	256.64
Cotton US¢/pound / May 15	65.21

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.02 ▲ 0.41 (15.71%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.70 ▲ 0.46 (14.2%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
S.G.Power / May 15 S.G. Power Limited(SGPL)	8.65 ▲ 0.94 (12.19%)
Premier Insurance / May 15 Premier Insurance Limited(PINL)	5.83 ▲ 0.63 (12.12%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	9.83 ▲ 1 (11.33%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
Flying Cement / May 15 Flying Cement Company Limited(FLYNG)	49.46 ▲ 4.5 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)

Stock	Price
Olympia Mills / May 15 Olympia Mills Limited(OML)	50.47 ▼ -5.06 (-9.11%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.65 ▼ -2.64 (-9.01%)
Apna Microfin. / May 15 Apna Microfinance Bank Limited(AMBL)	10.04 ▼ -0.91 (-8.31%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
Imperial Limited / May 15 Imperial Limited(IML)	16.52 ▼ -1.23 (-6.93%)
B. F. Mod. / May 15 B.F. Modaraba(BFMOD)	8.73 ▼ -0.61 (-6.53%)
Punjab Oil / May 15 Punjab Oil Mills Limited(POML)	186.82 ▼ -11.54 (-5.82%)
Equity Modaraba / May 15 First Equity Modaraba(FEM)	2.85 ▼ -0.16 (-5.32%)
Pakgen Power / May 15 Pakgen Power Limited(PKGP)	114.14 ▼ -6.39 (-5.3%)
Ashfaq Textile / May 15 Ashfaq Textile Mills Limited(ASHT)	12.34 ▼ -0.68 (-5.22%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	50,818,876 ▲ 2.68
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	47,570,881 ▲ 0.48
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	40,246,546 ▲ 0.16
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	32,888,417 ▲ 0.18
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	29,667,657 ▲ 4.48
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	25,344,612 ▲ 0.91
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	21,773,148 ▲ 0.29
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	16,962,449 ▲ 3.34
B.O.Punjab / May 15 The Bank of Punjab(BOP)	16,957,410 ▲ 0.15
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	16,572,822 ▲ 0.03

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