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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-10-20
Yields on two-year Treasury notes rise

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

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
Tokyo stocks posts longest string of gains in 30 years

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 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 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
FTSE falls as profit warnings bruise IWG, Interserve

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
Dollar rises against yen in Asia
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
Euro climbs to one-week high in Europe
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
Early trade in NY: euro hits six-day high
Currency

Early trade in NY: euro hits six-day high

The euro climbed to the highest in nearly a week on Thursday as US Treasury yields fell, pulling back from a two-year high, with the euro rebounding from losses from earlier in the week ahead of a policy meeting of the European Central Bank. Investors shr
Published 20 Oct, 2017 12:00am
Dollar dips in New York
Currency

Dollar dips in New York

The dollar reversed gains on Wednesday, losing steam after data showed US homebuilding fell last month, and was on track to snap four days of gains, even as higher US Treasury yields provided some support. The dollar index, which tracks the greenback agai
Published 20 Oct, 2017 12:00am
Sri Lankan rupee down
Currency

Sri Lankan rupee down

The Sri Lankan rupee ended marginally lower on Thursday as importer dollar demand surpassed mild selling of the greenback by exporters, dealers said. Dealers said the rupee was under pressure last week due to dollar demand from state-run Ceylon Petroleum
Published 20 Oct, 2017 12:00am
Asian currencies soften
Currency

Asian currencies soften

Asian currencies softened against the dollar on Thursday as the greenback firmed overnight, while the yuan retreated after data showed China's economic growth eased in the third quarter. The dollar hit its highest in about two weeks versus the yen on Thur
Published 20 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 Thursday. 80.83-80.83 (previous 80.83-80.83).
Published 20 Oct, 2017 12:00am
Sterling dips against euro on BoE rate uncertainty
Currency

Sterling dips against euro on BoE rate uncertainty

Sterling slipped to a one-week low against the euro on Thursday after data showing an unexpectedly sharp slowdown in British retail sales added to doubts over the outlook for Bank of England interest rate moves. The pound has been pushed lower this week b
Published 20 Oct, 2017 12:00am
Kiwi sinks, Aussie steadies
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
Hamilton in driving seat for fourth world title

Hamilton in driving seat for fourth world title

Lewis Hamilton will seek a fifth win in six visits to Texas this weekend and hope for further Ferrari misfortune as he bids to clinch his fourth world title at the United States Grand Prix. The Briton leads nearest rival Sebastian Vettel by 59 points with
Published 20 Oct, 2017 12:00am
Chelsea snatch draw as Man Utd edge Benfica

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
Chief of Naval Staff Amateur Golf from November 10

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
English clubs bite back in Champions League

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

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
Taylor, Latham steer Kiwi win in India

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
Imam ready to follow Inzamam's footsteps

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
Donovan mulls run for US Soccer presidency

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
Rybolovlev charged in ongoing art legal battle

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
Hafeez reported for suspect bowling action

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
Iraqi Kurds say open to talks after Baghdad military operation

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
Blaze guts historic teak wood Yangon hotel

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

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
Uproar as Turkey detains top civil society figure

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

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
UK sets deadline for stalled Northern Ireland talks

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
Spain to push ahead with suspending Catalan autonomy

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
Russia waging 'warfare' by interfering in elections: Haley

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
Merkel, Macron back Spain in Catalan crisis

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
US school to be named after Obama

US school to be named after Obama

A public school in Mississippi is to drop the name of the Civil War leader of the pro-slavery South and be named after the first black US president, Barack Obama, the local newspaper reported. The move in Jackson, Mississippi, comes amid a national debate
Published 20 Oct, 2017 12:00am
French film legend Danielle Darrieux dies

French film legend Danielle Darrieux dies

Danielle Darrieux, one of France's most enduring and glamourous film stars despite her wartime collaboration with the Germans, has died aged 100 at her home near Paris, her partner said Thursday. She became unwell "recently after a little fall", Jacques J
Published 20 Oct, 2017 12:00am
Ukraine makes first move to meet protester demands

Ukraine makes first move to meet protester demands

Ukrainian lawmakers on Thursday moved towards meeting one of the demands of anti-corruption protesters who have set up the first tent city in Kiev since the pro-EU revolt of 2014. The crisis-torn former Soviet republic has been on edge since nearly 5,000
Published 20 Oct, 2017 12:00am
US says Palestinian unity government must recognise Israel, disarm Hamas

US says Palestinian unity government must recognise Israel, disarm Hamas

A top aide to US President Donald Trump said Thursday that an emerging Palestinian unity government must recognise Israel and disarm Hamas, Washington's first detailed response to a landmark reconciliation deal signed last week. A Hamas official immediate
Published 20 Oct, 2017 12:00am
Cotton futures unchanged
Cotton

Cotton futures unchanged

ICE cotton futures were largely unchanged in subdued trading on Wednesday amid looming harvest pressure, ahead of weekly export data from the US Department of Agriculture. Cotton contracts for December settled down 0.14 cent, or 0.21 percent, at 67.63 cen
Published 20 Oct, 2017 12:00am
Shanghai copper down
Exchange

Shanghai copper down

Shanghai Futures Exchange copper ended down half a percent at 54,620 yuan ($8,249) a tonne on Thursday after in-line economic readings out of China signalled some moderation in growth. China's economic growth looked set to accelerate for the first time in
Published 20 Oct, 2017 12:00am
Copper extends fall after Chinese economic data
Exchange

Copper extends fall after Chinese economic data

Copper prices fell for a third straight day on Thursday after data showed economic growth in China, the world's biggest metals consumer, was in line was expectations. Investors have taken profits after copper rallied on Monday above $7,000 a tonne for the
Published 20 Oct, 2017 12:00am
Oil slips on profit-taking but ME tensions remain high

Oil slips on profit-taking but ME tensions remain high

Oil prices fell more than 1 percent on Thursday, pressured by larger-than-expected product inventories in the United States, and some profit-taking after a recent run-up in oil benchmarks. Ongoing tension in the Middle East has been supportive, however, a
Published 20 Oct, 2017 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures ended higher for a second consecutive session on Thursday as the dollar hit its highest in about two weeks against the yen, supported by the rise in US bond yields this week, brokers said. The Tokyo Commodity Exchange rubber
Published 20 Oct, 2017 12:00am
Gold eases in Asia

Gold eases in Asia

Gold prices touched the lowest in more than one week on Thursday, as the dollar stood firm on rising US Treasury yields, with investors focusing on who would replace Janet Yellen as the next chair of the Federal Reserve. US President Donald Trump is set t
Published 20 Oct, 2017 12:00am
Gold soars in Europe
Exchange

Gold soars in Europe

Gold prices recovered on Thursday from the more-than-one-week low they had reached overnight as a rally in both the dollar and equities ran out of steam, but the precious metal remained vulnerable to further declines. The dollar index fell against a baske
Published 20 Oct, 2017 12:00am
Weak Dalian soyaoil drags palm oil
Vegetable Oil

Weak Dalian soyaoil drags palm oil

Malaysian palm oil futures continued to fall on Thursday evening in its second consecutive session, tracking weakness on China's Dalian Commodity Exchange and on estimates of rising palm oil production. The benchmark palm oil contract for January delivery
Published 20 Oct, 2017 12:00am
US MIDDAY: gold recovers

US MIDDAY: gold recovers

Gold prices recovered on Thursday from the more than one-week low they had reached overnight as a rally in both the dollar and equities ran out of steam, but the precious metal remained vulnerable to further declines. The dollar index fell against a baske
Published 20 Oct, 2017 12:00am
Aftab Mahmood named KAPCO CEO
Exchange

Aftab Mahmood named KAPCO CEO

Aftab Mahmood Butt has been appointed Chief Executive Officer (CEO) of Kot Addu Power Company Limited with effect from August 01, 2017 for a period of three years following expiry of his three-year contract on July 31, 2017. This was announced by the comp
Published 20 Oct, 2017 12:00am
Imran accuses government of protecting tax evaders

Imran accuses government of protecting tax evaders

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Thursday accused the ruling Pakistan Muslim League-Nawaz (PML-N) government of continuously protecting tax evaders and money launderers. In a tweet, Khan said that money laundering of $10 billion per year
Published 20 Oct, 2017 12:00am
January-September period: PTC deposits Rs 53.4 billion to exchequer

January-September period: PTC deposits Rs 53.4 billion to exchequer

A leading multinational cigarette manufacturing company has deposited Rs 53.4 billion in the first nine months (January-September) of 2017 to the Federal Board of Revenue (FBR). According to the announcement of the company here on Thursday, Pakistan Tobac
Published 20 Oct, 2017 12:00am
FBR places 'FIFO' software for refunding payments: Senate panel told

FBR places 'FIFO' software for refunding payments: Senate panel told

The Federal Board of Revenue (FBR) has informed the Senate Standing Committee on Finance that the FBR has placed a 'First-in-First-out' built-in software system for speedy payment of refund payments. Sources told Business Recorder here on Thursday
Published 20 Oct, 2017 12:00am
NCHD affairs: Senate body irked over noncompliance of directives

NCHD affairs: Senate body irked over noncompliance of directives

The Senate Functional Committee on Problems of Less Developed Areas Thursday expressed displeasure for noncompliance with the committee's directives regarding matters related to National Commission for Human Development (NCHD). Senator Muhammad Usman Khan
Published 20 Oct, 2017 12:00am
'DPS World' opens today
Exchange

'DPS World' opens today

Third three-day International Digital Printing & Signage Technology Exhibition and Conference (DPS World) will be opened today (October 20th 2017) at Expo Centre Lahore. The DPS World is aimed to create a platform for buyers and sellers from different cou
Published 20 Oct, 2017 12:00am
Food fortification programme launched in Punjab

Food fortification programme launched in Punjab

Pakistan's Food Fortification Programme (FFP) was launched in Punjab by the Head of the UK's Department of International Development (DFID) on Thursday. The launching ceremony was held in Lahore to celebrate the start of edible oil, ghee and wheat flour f
Published 20 Oct, 2017 12:00am
PU pays rich tribute to Sir Syed Ahmed Khan

PU pays rich tribute to Sir Syed Ahmed Khan

Punjab Higher Education Commission Chairman Professor Dr Nizamuddin has said that Sir Syed struggled whole of his life to create awareness among the Muslims that how they can uplift their lives by acquiring modern education. He was addressing a seminar to
Published 20 Oct, 2017 12:00am
Sharifs' indictment first step towards justice: PTI leaders

Sharifs' indictment first step towards justice: PTI leaders

Pakistan Tehreek-e-Insaf (PTI) leaders here on Thursday termed the indictment of the Sharif family as a first step towards justice and demanded that the looted money laundered abroad should be brought back to Pakistan. In the accountability court, former
Published 20 Oct, 2017 12:00am
Punjab to cultivate wheat on 16.4 million acres of land

Punjab to cultivate wheat on 16.4 million acres of land

The Punjab government has set a target of cultivation of wheat on 16.4 million acre land in the province with an aim to achieve 20 million tons yield this year. This was stated by the Punjab Agriculture Minister Naeem Akhtar Bhabha while chairing high lev
Published 20 Oct, 2017 12:00am
Siraj urges government not to take side of indicted accused

Siraj urges government not to take side of indicted accused

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that after the indictment of ousted Prime Minister Nawaz Sharif, it was obligatory for the government to stop siding with the accused. While talking to delegations of different civil society organisa
Published 20 Oct, 2017 12:00am
Qandeel murder case: Mufti Qavi remanded into police custody

Qandeel murder case: Mufti Qavi remanded into police custody

The court on Thursday remanded into police custody Mufti Abdul Qavi, the accused in Qandeel Baloch murder case. Judicial magistrate Pervez Khan, after hearing the plea to remand the suspect into police custody for 14 days, issued orders to hand over the s
Published 20 Oct, 2017 12:00am
Punjab to build modern forensic training lab

Punjab to build modern forensic training lab

The Punjab government has decided to build modern Forensic Training Laboratory, having 14 disciplines under one roof at the cost of Rs 1.377 billion. According to the Training Incharge, the laboratory will provide affordable education, training and Punjab
Published 20 Oct, 2017 12:00am
FCCI voices concern over imposition of RD on 700 items

FCCI voices concern over imposition of RD on 700 items

President Faisalabad Chamber of Commerce & Industry (FCCI), Shabbir Husssain Chawla has expressed concern over the Regulatory Duty (RD) levied on more than 700 items without any consultation with stakeholders.
Published 20 Oct, 2017 12:00am
Tevta to provide training to 15,000 prisoners: Irfan

Tevta to provide training to 15,000 prisoners: Irfan

Chairman Technical Education and Vocational Training Authority (TEVTA) Irfan Qaiser Sheikh has said that TEVTA will extend its courses for prisoners from 15 jails to 25 jails. Minister Prisons Ahmad Yar Hanjra and IG Jails Farooq Nazir called upon Chairma
Published 20 Oct, 2017 12:00am
PIAF demands withdrawal of SRO 1035

PIAF demands withdrawal of SRO 1035

The Pakistan Industrial and Traders Association (PIAF) has demanded of the Ministry of Finance to immediately withdraw SRO 1035 under which 10 to 80 per cent regulatory duty has been increased on 731 items. PIAF Chairman Irfan Iqbal Sheikh while talking t
Published 20 Oct, 2017 12:00am
LCCI, FMCG hold demonstration against levying RD on various items

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
IBAN mandatory for maintaining CDS account

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
Democracy can't survive without accountability: Bilawal

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
Tillerson to visit Pakistan, Saudi Arabia, Qatar

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
Appointment of VCs: speakers call for reforming search committee

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
Youth holds key of future: Shahbaz

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
EDP regularly monitoring pollution in air: minister

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
'Sharif family appearing in courts without inhibitions'

'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
'Militants focusing on Balochistan, Sindh after Fata operations'

'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
SCCI demands withdrawal of RD on imported items
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
All set to use EVMs in NA-4 by-poll: ECP

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

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
Students urged to engage in healthy debate for creative ideas

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

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
Pakistan condemns attack on Afghan Army base

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
Senate body directs CDA to propose amendments in its existing law

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
Maleeha apprises UNGA president about India's violation of LoC

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
PM arrives in Istanbul to attend D-8 conference

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
Lieutenant-General Zahid installed as Colonel Commandant of AMC

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
Rice shipment: REAP rejects TDAP proposal
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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
'Terrorist' gunned down in Karachi

'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
Attock Refinery posts Rs 758.046 million profit after tax
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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
Attock Refinery posts Rs 758.046 million profit after tax
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
Profit after tax of APL stands at Rs 1.330 billion
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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
Profit after tax of APL stands at Rs 1.330 billion
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
Profit after tax of POL increases to Rs 2.534 billion
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
Profit after tax of POL increases to Rs 2.534 billion
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
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