Print - 2017-10-27
Euro rises in Asia

Euro rises in Asia

The euro inched higher on Thursday as investors awaited details of the European Central Bank's plans for scaling back its bond- buying programme, while the dollar took a breather after its recent rally. The euro inched up 0.1 percent to $1.1824, having ed
Published 27 Oct, 2017 12:00am
Euro falls in Europe as ECB curbs bond-buying
Currency

Euro falls in Europe as ECB curbs bond-buying

The euro fell half a percent on Thursday as investors took profits after the European Central Bank said it would extend its bond purchases at a reduced rate on Thursday, as widely expected. The ECB said it would cut asset purchases to 30 billion euro from
Published 27 Oct, 2017 12:00am
Euro falls in Europe as ECB curbs bond-buying
Currency

Euro falls in Europe as ECB curbs bond-buying

The euro fell half a percent on Thursday as investors took profits after the European Central Bank said it would extend its bond purchases at a reduced rate on Thursday, as widely expected. The ECB said it would cut asset purchases to 30 billion euro from
Published 27 Oct, 2017 12:00am
Dollar stalls broadly in New York

Dollar stalls broadly in New York

The dollar slipped on Wednesday against a basket of currencies, struggling to post further gains tied to speculation the next chair of the US Federal Reserve will steer policy in a more hawkish direction. A pullback in US bond yields, with two-year Treasu
Published 27 Oct, 2017 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee closed higher on Thursday, as exporter dollar sales surpassed demand for the US currency from importers, dealers said. The spot rupee, which traded at 153.90 per dollar during the day, closed at 153.55/65, firmer from Wednesday's clos
Published 27 Oct, 2017 12:00am
Asian currencies higher

Asian currencies higher

Asian currencies firmed against the dollar on Thursday, tracking gains in the euro ahead of the European Central Bank's decision at which it is expected to shift away from its accommodative monetary policy. With the euro zone's economic recovery now into
Published 27 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. 80.85-80.85 (previous 80.85-80.85).
Published 27 Oct, 2017 12:00am
Sterling slips against dollar
Currency

Sterling slips against dollar

The British pound skidded against the dollar on Thursday, reversing earlier gains as confidence inspired by stronger-than-expected growth results was replaced by caution over the likelihood of an interest rate hike next week. While the European Central Ba
Published 27 Oct, 2017 12:00am
Aussie, kiwi at multi-month lows

Aussie, kiwi at multi-month lows

The Australian dollar hovered around 3-1/2 month lows on Thursday in the wake of slower-than-expected inflation data, while its New Zealand cousin paused near a five-month trough as Jacinda Ardern was sworn in as Prime Minister. The Aussie dollar had stea
Published 27 Oct, 2017 12:00am
Millat Tractors Governors Cup Golf begins

Millat Tractors Governors Cup Golf begins

A three-day 34th 'Millat Tractors Governors Cup Golf Tournament' will be contested from 27th October to 29th October, here at the Lahore Gymkhana Golf Course. This was stated by Shaukat Javed, Convenor Golf of Lahore Gymkhana in a press conference attende
Published 27 Oct, 2017 12:00am
Sherwood in main final of Polo in Pink

Sherwood in main final of Polo in Pink

Sherwood qualified for the main final of the Shaukat Khanum Cancer Hospital-sponsored Polo in Pink 2017 tournament while Total Nutrition made way for the subsidiary final after registering contrastive victories in their respective matches played here at t
Published 27 Oct, 2017 12:00am
Peshawar Eagle win 5-A-side Super League Hockey trophy

Peshawar Eagle win 5-A-side Super League Hockey trophy

Peshawar Eagle clinched the trophy after defeating Peshawar Lions in a thrilling final of the 5-A-side Super Hockey League played here at Lala Ayub Hockey Stadium on Thursday. Director General (DG) Sports KP Junaid Khan was the chief guest on this occasio
Published 27 Oct, 2017 12:00am
Swiss great Hingis quits for third and 'final' time

Swiss great Hingis quits for third and 'final' time

Swiss tennis great Martina Hingis announced her "definite" retirement on Thursday, signalling the end of a career which took her from 1990s teenage superstar to doubles world number one some 20 years later. The 37-year-old "Swiss Miss" has retired twice b
Published 27 Oct, 2017 12:00am
Del Potro boosts ATP Finals hopes

Del Potro boosts ATP Finals hopes

Juan Martin del Potro edged closer to a spot at next month's ATP Finals as the fourth seed dispatched French qualifier Julien Benneteau 6-4, 6-4 to reach the Swiss Indoors quarter-finals on Thursday. Del Potro won the Basel title in 2012 and 2013, beating
Published 27 Oct, 2017 12:00am
Shahab win Peace Football Tournament

Shahab win Peace Football Tournament

Shahab Football Club clinched the winning trophy by defeating Zwan Khyber Club 2-1 in the final match of the Peace Football Tournament played here on Kwange ground of Tehsil Landi Kotal Khyber Agency. Representative of Member of Parliament from NA-45, Mal
Published 27 Oct, 2017 12:00am
Bridge is not a sport, EU court rules

Bridge is not a sport, EU court rules

The game of bridge may flex the intellectual muscles but the EU's top court ruled on Thursday that it is not a sport because it involves "negligible" physical activity. Beloved by seniors and requiring a sharp memory, a keen analytical brain and near tele
Published 27 Oct, 2017 12:00am
Venus stuns Muguruza to keep year-end bid alive

Venus stuns Muguruza to keep year-end bid alive

American veteran Venus Williams kept alive her dreams of winning the WTA Finals when she knocked out second-ranked Garbine Muguruza in straight sets on Thursday. Williams, 37, defeated Muguruza 7-5, 6-4 in one hour and 41 minutes to become the second semi
Published 27 Oct, 2017 12:00am
'We've lost public's trust', admits FA chairman

'We've lost public's trust', admits FA chairman

Under-pressure Football Association chairman Greg Clarke admitted Thursday the English game's governing body had "lost the trust of the public" after being widely criticised for its handling of racism allegations involving the former manager of the women'
Published 27 Oct, 2017 12:00am
Ostapenko in inspired farewell

Ostapenko in inspired farewell

World number three Karolina Pliskova remains confident she can rebound from a disappointing straight sets loss to Jelena Ostapenko in the WTA Finals on Thursday, as the Czech prepares for her semi-final debut in Singapore. The 25-year-old was outclassed i
Published 27 Oct, 2017 12:00am
India World Cup heading for attendance record

India World Cup heading for attendance record

The Under 17 World Cup final on Saturday between England and Spain will break an attendance record for the tournament and has convinced the Indian hosts to step up their bid for the Under 20 World Cup in 2019. Organisers said Thursday they expect a sellou
Published 27 Oct, 2017 12:00am
Arrangements finalised for Pakistan-Sri Lanka T20 in Lahore

Arrangements finalised for Pakistan-Sri Lanka T20 in Lahore

Arrangements for the third T20 between Pakistan and Sri Lanka to be played here at Lahore's Qadhafi Stadium on October 29 (Sunday) are being given final touches. Renovation of the stadium has been completed while law-enforcing agencies are also making nec
Published 27 Oct, 2017 12:00am
For country and money: Swiss man admits spying on Germans
Exchange

For country and money: Swiss man admits spying on Germans

A Swiss man accused of spying on German tax officials admitted to the espionage operation on Thursday, and told a court he acted out of "patriotism" as well as for profit. Daniel Moser, 54, was arrested in the German business capital Frankfurt in April on
Published 27 Oct, 2017 12:00am
Three killed in Kenya as protests prompt partial vote delay

Three killed in Kenya as protests prompt partial vote delay

At least three people were shot dead Thursday in clashes over Kenya's election re-run, prompting officials to delay the vote in four counties and further tarnishing the credibility of a deeply divisive poll. As counting began after a day marked by bloodsh
Published 27 Oct, 2017 12:00am
Nato challenges Russia on military drill numbers

Nato challenges Russia on military drill numbers

Nato members challenged Russia on Thursday over "discrepancies" in Moscow's account of controversial military exercises last month, alliance chief Jens Stoltenberg said. The Zapad drills that Moscow staged jointly with Belarus on Nato's eastern flank caus
Published 27 Oct, 2017 12:00am
Venezuelan opposition wins European rights prize

Venezuelan opposition wins European rights prize

The European Parliament on Thursday awarded the prestigious Sakharov human rights prize to the beleaguered Venezuelan opposition, calling for a "peaceful transition to democracy" in the crisis-hit country. The prize was awarded to the Venezuelan National
Published 27 Oct, 2017 12:00am
Turkmenistan independence amnesty pardons over 1,600

Turkmenistan independence amnesty pardons over 1,600

Gas-rich Turkmenistan pardoned 1,636 convicts ahead of a celebration of the country's independence day, official media in the authoritarian Central Asian state reported Thursday. Government newspaper Neutral Turkmenistan said the convicts had been pardone
Published 27 Oct, 2017 12:00am
Russian helicopter crashes at sea in Arctic, eight aboard

Russian helicopter crashes at sea in Arctic, eight aboard

A Russian helicopter with eight people on board crashed at sea in Norway's Svalbard archipelago in the Arctic on Thursday, Norwegian rescue services said. The fate of those on board the helicopter was not immediately known. The aircraft went down two or t
Published 27 Oct, 2017 12:00am
Iraqi PM wins Iran support as forces battle IS, Kurds
Exchange

Iraqi PM wins Iran support as forces battle IS, Kurds

Iraqi Prime Minister Haider al-Abadi, whose forces Thursday battled jihadists in the west of the country and Kurds in the north, won the support of Iranian leaders at talks in Tehran. Supreme leader Ayatollah Ali Khamenei "gave his support for measures ta
Published 27 Oct, 2017 12:00am
ICRC warns states against 'dehumanisation' of IS fighters

ICRC warns states against 'dehumanisation' of IS fighters

Governments must refrain from using language that speaks of the killing or "annihilation" of their citizens who have joined jihadist groups, the International Committee of the Red Cross said Thursday. The comments from the ICRC's deputy chief for the Near
Published 27 Oct, 2017 12:00am
Swiss tourists suffer brutal attack in India

Swiss tourists suffer brutal attack in India

A Swiss tourist has been left with a fractured skull after he and his girlfriend were attacked near the Taj Mahal during a holiday in India, police and media reports said Thursday. A group of men approached the couple near a local railway station and dema
Published 27 Oct, 2017 12:00am
Thais bid final goodbye to beloved King Bhumibol

Thais bid final goodbye to beloved King Bhumibol

Thailand bade farewell to late King Bhumibol Adulyadej Thursday in an elaborate, ritual-soaked funeral in Bangkok's historic quarter that gripped a nation mourning the loss of its chief unifying figure. But after a day of pomp, pageantry and high anticipa
Published 27 Oct, 2017 12:00am
US adds sanctions on North Korea for rights abuses
Exchange

US adds sanctions on North Korea for rights abuses

The United States layered a new round of sanctions on North Korea Thursday, blacklisting individuals and organizations involved in security and forced labor policies for "ongoing and serious human rights abuses." Amid the ongoing standoff over Pyongyang's
Published 27 Oct, 2017 12:00am
Cotton inches lower on rising harvest pressure
Cotton

Cotton inches lower on rising harvest pressure

ICE cotton futures edged lower on Wednesday as the market turned bearish due to growing harvest pressure and as weather concerns waned in Texas, the top-producing US state. "We don't believe the market is bullish. We have a pretty strong crop coming in an
Published 27 Oct, 2017 12:00am
Shanghai aluminium rises

Shanghai aluminium rises

Shfe aluminium closed up 1 percent at 16,490 yuan ($2,485.72) a tonne on Thursday, levels not seen in more than a week, but remained well below their recent near eight-year high of 17,345 yuan a tonne from last month as China imposes restrictions on indus
Published 27 Oct, 2017 12:00am
Aluminium rises to over five-year high, copper down
Exchange

Aluminium rises to over five-year high, copper down

Aluminium prices reached their highest in more than five years on Thursday, as expected capacity cuts during the winter drew closer and concerns grew of a supply shortfall as inventories in London fell to a nine-year low. London Metal Exchange aluminium e
Published 27 Oct, 2017 12:00am
Brent oil hits 27-month high on Saudi talk of extending supply cuts

Brent oil hits 27-month high on Saudi talk of extending supply cuts

Brent crude closed at a 27-month high on Thursday as the market focused more on comments from Saudi Arabia about ending a global supply glut instead of an unexpected increase in US crude inventories and high US production and exports. Brent futures gained
Published 27 Oct, 2017 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures hit a 10-day high on Thursday, buoyed by a slight gain in Shanghai futures, brokers said. The Tokyo Commodity Exchange rubber contract for new April delivery debuted on Thursday with an initial price of 199.8 yen ($1.76) and
Published 27 Oct, 2017 12:00am
Malaysian palm oil extends gains
Vegetable Oil

Malaysian palm oil extends gains

Malaysian palm oil futures extended gains on Thursday evening, supported by strength in soyaoil markets, favourable export numbers and end of year production concerns. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives
Published 27 Oct, 2017 12:00am
Raw sugar slips as Brazil currency resumes decline
Currency

Raw sugar slips as Brazil currency resumes decline

Raw sugar futures fell on Thursday as speculative selling emerged against a backdrop of a weaker Brazilian currency, while a weaker British pound boosted London cocoa prices. March raw sugar settled down 0.07 cent, or 0.5 percent, at 14.11 cents per lb, r
Published 27 Oct, 2017 12:00am
Gold turns positive in New York

Gold turns positive in New York

Gold steadied after touching a 2-1/2 week low on Wednesday on reports that Republican senators favored John Taylor to become the next head of the US Federal Reserve, which drove US bond yields to multi-month highs. The Stanford University economist is see
Published 27 Oct, 2017 12:00am
Gold gains in Asia

Gold gains in Asia

Gold prices gained amid a weaker dollar and a firmer euro on Thursday, with the market expecting the European Central Bank to taper monetary stimulus at a meeting later in the day. The ECB is all but certain to cut back on its bond-buying stimulus, taking
Published 27 Oct, 2017 12:00am
Gold dips in Europe

Gold dips in Europe

Gold dipped on Thursday as the dollar gained versus the euro after the European Central Bank said it would cut back its bond purchases but hedged the move by also extending the lifespan of its bond-buying programme. The ECB's decision to cut back bond pur
Published 27 Oct, 2017 12:00am
US MIDDAY: wheat eases

US MIDDAY: wheat eases

US wheat futures weakened for the second day in a row on Thursday, with technical sellers pushing prices lower after the market failed to hold support at key chart points, traders said. Corn and soyabeans were also lower. Ample supplies from the US harves
Published 27 Oct, 2017 12:00am
US MIDDAY: gold tumbles

US MIDDAY: gold tumbles

Gold fell to a nearly three-week low on Thursday as the dollar gained against the euro after the European Central Bank said it would extend the lifespan of its bond-buying program. The bank also decided to cut back bond purchases, a widely expected move t
Published 27 Oct, 2017 12:00am
Body formed to investigate sale of Airbus A-310

Body formed to investigate sale of Airbus A-310

The Senate Special Committee on Performance of Pakistan International Airlines (PIA) constituted a sub-committee to investigate the matter of sale of a PIA Airbus A-310 to a German firm in "violation" of Public Procurement Regulatory Authority (PPRA) rule
Published 27 Oct, 2017 12:00am
Engro Corporation announces Q3 results

Engro Corporation announces Q3 results

Engro Corporation on Thursday announced its third quarter results, showcasing a strong overall performance in its businesses. Profitability was augmented by the steady performances of terminal services and power, fertilizer, petrochemicals and the signing
Published 27 Oct, 2017 12:00am
Engro Corporation announces Q3 results

Engro Corporation announces Q3 results

Engro Corporation on Thursday announced its third quarter results, showcasing a strong overall performance in its businesses. Profitability was augmented by the steady performances of terminal services and power, fertilizer, petrochemicals and the signing
Published 27 Oct, 2017 12:00am
OGDCL net sales revenue increases

OGDCL net sales revenue increases

The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on Thursday at OGDCL Head Office Islamabad announced the financial results for the first quarter ended 30th September, 2017. The company's net sales revenue increa
Published 27 Oct, 2017 12:00am
Pakistan needs sound agriculture investment policy: Chinese expert

Pakistan needs sound agriculture investment policy: Chinese expert

Dr Siang Hee Tan, Executive Director, Crop Life Asia Thursday said that a very sound agricultural investment policy is needed in Pakistan for agriculture sector, benefiting both old age and young framers from biotechnology to reap the benefits of crop pro
Published 27 Oct, 2017 12:00am
'VEON will redefine connectivity', says Mark
Exchange

'VEON will redefine connectivity', says Mark

Mark MacGann is VEON's Group Chief Corporate & Public Affairs Officer and leads the Group's Communications, Regulatory and Government Affairs functions. Before joining VEON (former VimpelCom), Mark was Senior Board Advisor and Head of Public Policy EMEA a
Updated 15 Nov, 2017 10:39am
'VEON will redefine connectivity', says Mark
Exchange

'VEON will redefine connectivity', says Mark

Mark MacGann is VEON's Group Chief Corporate & Public Affairs Officer and leads the Group's Communications, Regulatory and Government Affairs functions. Before joining VEON (former VimpelCom), Mark was Senior Board Advisor and Head of Public Policy EMEA a
Published 27 Oct, 2017 12:00am
Appointment of judges: PBC hails parliamentary body's decision

Appointment of judges: PBC hails parliamentary body's decision

Muhammad Ahsan Bhoon, Vice-Chairman and Hafeez-ur-Rehman Ch, Chairman, Executive Committee, Pakistan Bar Council (PBC) have highly appreciated decision of the Parliamentary Committee on appointment of Judges, by not endorsing recommendations of the Judici
Published 27 Oct, 2017 12:00am
Chromite, coal mining: dumper trucks may be exempted from GST

Chromite, coal mining: dumper trucks may be exempted from GST

The government may grant sales tax exemption on dumper trucks used exclusively for the mining of chromite and coal in Balochistan and Thar. It is learnt that the recommendation has been made in last meeting of the Functional Committee on Problems of Less
Published 27 Oct, 2017 12:00am
Pakistan and Poland discuss cooperation in trade & energy
Exchange

Pakistan and Poland discuss cooperation in trade & energy

The sixth Round of Pakistan-Poland Bilateral Political Consultations (BPC) was held in Islamabad here on the other day. Pakistan side was led by Ambassador Zaheer A Janjua, Additional Secretary (Europe), while Marek Magierowski, Deputy Foreign Minister of
Published 27 Oct, 2017 12:00am
Musharraf rules out possibility of martial law

Musharraf rules out possibility of martial law

Chairman, All Pakistan Muslim League (APML), General Pervez Musharraf (retd) while addressing to the newly elected office-bearers of his party in Dubai said there were no chances of either martial law or immediate general elections but a national governme
Published 27 Oct, 2017 12:00am
KP cabinet approves three new universities

KP cabinet approves three new universities

The Khyber Pakhtunkhwa cabinet on Thursday approved setting up of three new public sector universities each in Lakki Marwat, DI Khan and Mardan with a view to promote higher education at district level. The cabinet meeting presided over by Chief Minister
Published 27 Oct, 2017 12:00am
Another list of 131 missing persons irks Senate body

Another list of 131 missing persons irks Senate body

The Senate Functional Committee on Human Rights on Thursday expressed serious concern over an additional list of 131 missing persons. While chairing the meeting, Nasreen Jalil said that it was a serious issue as no responsibility was fixed nor a single FI
Published 27 Oct, 2017 12:00am
NA-4 by-poll: polling remains peaceful largely

NA-4 by-poll: polling remains peaceful largely

Polling for by-election on National Assembly constituency NA-4, Peshawar-IV, was remained peaceful largely. The army men and police deployed for maintaining law and order during polling for by-election on NA-4 held here on Thursday strictly monitored the
Published 27 Oct, 2017 12:00am
Saarc Law President calls on Sipra

Saarc Law President calls on Sipra

President SAARC LAW, Mehmood Y Mandviwalla, a prominent lawyer of Pakistan, called on Acting High Commissioner of Pakistan, Dr Sarfraz Ahmed Khan Sipra, on Thursday at the High Commission. Mandviwalla briefed Dr Sipra about the 25th Anniversary of South A
Published 27 Oct, 2017 12:00am
Missing persons case: SC seeks report from interior ministry

Missing persons case: SC seeks report from interior ministry

The Supreme Court on Thursday sought comprehensive report from interior ministry pertaining to details of persons languishing in internment centers across the country, by November 13. Resuming the hearing of missing person's case, a two-member bench led b
Published 27 Oct, 2017 12:00am
Minister visit Mozang Hospital

Minister visit Mozang Hospital

Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafique has directed to conduct an inquiry into the newly-constructed building of emergency block of Government Mozang Hospital Lahore. During a surprise visit to the hospital o
Published 27 Oct, 2017 12:00am
Missing persons: governor to contact authorities

Missing persons: governor to contact authorities

Sindh Governor Muhammad Zubair Thursday assured Shia Ulema that he would contact the authorities concerned regarding the missing persons. He stated this in a meeting with a Shia Ulema delegation led by Allama Syed Ahmed Iqbal Rizvi at Governor House, a st
Published 27 Oct, 2017 12:00am
Retired employees of SBP threaten to take to streets

Retired employees of SBP threaten to take to streets

All retired employees of the State Bank of Pakistan and widows of the retired employees has condemned injustice and exploitation of the former employees and their widows by the management of the central bank and threatened to take streets against them.
Published 27 Oct, 2017 12:00am
Karwan-e-Khatam-e-Nabuwat rally to stage sit-in on Jinnah Avenue

Karwan-e-Khatam-e-Nabuwat rally to stage sit-in on Jinnah Avenue

Karwan-e-Khatam-e-Nabuwat rally on Thursday announced to stage a sit-in on Jinnah Avenue of the federal capital while presenting its six demands to the government. Speaking to media persons, Dr Asif Ashraf Jilani, one of the leaders of the rally, said the
Published 27 Oct, 2017 12:00am
Meeting with APNS team: army most organized institution: Shahbaz

Meeting with APNS team: army most organized institution: Shahbaz

Punjab Chief Minister Muhammad Shehbaz Sharif Thursday said that Pak Army is the most organized institution and every organization is duty-bound to fulfill the responsibility of moving the country further by getting rid of troubles.
Published 27 Oct, 2017 12:00am
OPC retrieves expat's Rs 300 million property

OPC retrieves expat's Rs 300 million property

Due to the intervention of Overseas Pakistanis Commission (OPC) Punjab, two properties of an expatriate Pakistani, worth Rs 300 million, have been recovered from illegal possession. Commissioner OPC Afzaal Bhatti while presiding over the departmental meet
Published 27 Oct, 2017 12:00am
Nawaz allocated huge amount for Azad Kashmir's development: PM

Nawaz allocated huge amount for Azad Kashmir's development: PM

Prime Minister Shahid Khaqan Abbasi Thursday strongly condemned the Indian brutalities in Occupied Kashmir and urged the international community to take notice of the situation as Indian forces used pellet guns on the innocent Kashmiri people. Chairing a
Published 27 Oct, 2017 12:00am
Imran's appearance before ECP to follow his disqualification: Marriyum

Imran's appearance before ECP to follow his disqualification: Marriyum

Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb has said that appearance of Imran Khan before ECP was just the beginning and it would be followed by disqualification and punishment. In a statement issued here Thurs
Published 27 Oct, 2017 12:00am
ACCA unveils new 'Ethics and Professional Skills module'

ACCA unveils new 'Ethics and Professional Skills module'

Marks a significant development in the ACCA Qualification as ACCA held the launch event for their Ethics and Professional Module in Pakistan. The event featured a panel discussion on ACCA's report, 'Ethics and trust in a digital age.' The panellists inclu
Published 27 Oct, 2017 12:00am
Study UK Exhibitions: British universities officials visit Karachi

Study UK Exhibitions: British universities officials visit Karachi

Students and professionals from Karachi and across Pakistan had the chance to meet some of the best British Universities, as part of the British Council Pakistan's four-city Study UK Exhibition Tour. The annual tour has been hosted by the British Council
Published 27 Oct, 2017 12:00am
BMP seeks one-window facility for investors
Currency

BMP seeks one-window facility for investors

The Businessmen Panel (BMP) of FPCCI has demanded that the government should provide one window facility to investors across the country with the support of chambers of Commerce and industries so that foreign direct investment (FDI) may be attracted for e
Published 27 Oct, 2017 12:00am
Universities must get their courses recognized from PHEC: minister

Universities must get their courses recognized from PHEC: minister

Provincial Higher Education Minister, Syed Raza Ali Gillani, said on Thursday that universities should get their programs recognized from the Punjab Higher Education Commission before starting admissions. He was addressing a seminar on 'Challenges of High
Published 27 Oct, 2017 12:00am
Parasitic diseases discussed at UVAS moot

Parasitic diseases discussed at UVAS moot

The Department of Parasitology of the University of Veterinary & Animal Sciences (UVAS) Lahore in collaboration with Pakistan Society of Parasitology and Higher Education Commission (HEC) organised concluding ceremony of a two-day International Parasitolo
Published 27 Oct, 2017 12:00am
PU VC calls for promoting industry-academia linkages

PU VC calls for promoting industry-academia linkages

Punjab University Vice Chancellor Professor Dr Zafar Moeen Nasir has stressed the need to promote industry-academia linkages for country's economic development and resolving socio-economic issues faced by the nation. He was addressing the 2nd awareness se
Published 27 Oct, 2017 12:00am
PPP will take exports to $60 billion if voted to power: Zardari

PPP will take exports to $60 billion if voted to power: Zardari

Co-chairman Pakistan Peoples' Party (PPP) Asif Zardari has vowed to take exports to $60 billion in three years after coming into power in 2018. "We will provide stipend to women workers of stitching industry in order to revive the whole textile industry a
Published 27 Oct, 2017 12:00am
Baloch urges government to adopt firm policy on Kashmir

Baloch urges government to adopt firm policy on Kashmir

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has called upon the government to adopt a firm policy on Kashmir and take up the issue of India's terrorism and human rights violations in Kashmir at world level through effective diplomatic efforts. He w
Published 27 Oct, 2017 12:00am
Feud between Qureshi brothers again comes to limelight

Feud between Qureshi brothers again comes to limelight

The feud between Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi and his brother Mureed Hussain Qureshi once again came to fore on the occasion of Urs celebrations of Hazrat Bahauddin Zakaria Multani here on Thursday. As per details, Mak
Published 27 Oct, 2017 12:00am
LTC plans free shuttle service for cricket enthusiasts

LTC plans free shuttle service for cricket enthusiasts

The Lahore Transport Company has planned to commence free shuttle service for cricket enthusiasts for reaching cricket stadium to experience on ground third T20 international cricket match which is being organized between Sri Lanka and Pakistan cricket te
Published 27 Oct, 2017 12:00am
LTC plans free shuttle service for cricket enthusiasts

LTC plans free shuttle service for cricket enthusiasts

The Lahore Transport Company has planned to commence free shuttle service for cricket enthusiasts for reaching cricket stadium to experience on ground third T20 international cricket match which is being organized between Sri Lanka and Pakistan cricket te
Published 27 Oct, 2017 12:00am
Breast cancer awareness drive held at GCU

Breast cancer awareness drive held at GCU

An on-campus "Pink Ribbon Youth Awareness" drive was held here on Thursday at the Government College University (GCU) Lahore, to raise awareness among the university female students and staff members about the breast cancer and eliminate social stigmas at
Published 27 Oct, 2017 12:00am
ADP reflective of development, prosperity: CM

ADP reflective of development, prosperity: CM

Punjab Chief Minister Shahbaz Sharif has said that Annual Development Program (ADP) of the provincial government is reflective of development and prosperity of the people as public welfare has been given special importance in development schemes. "Impleme
Published 27 Oct, 2017 12:00am
Shahbaz felicitates Xi Jinping

Shahbaz felicitates Xi Jinping

Punjab Chief Minister Shehbaz Sharif has congratulated Chinese President Xi Jinping on electing as General Secretary of the Communist Party of China for the second term. In his message of felicitation, the CM said that President Xi Jinping has played a le
Published 27 Oct, 2017 12:00am
LCCI for extension in IT return filing date

LCCI for extension in IT return filing date

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Board of Revenue to extend the date for filing of income tax returns till December 31. The LCCI President Malik Tahir Javed in a statement on Thursday said that extension in date of
Published 27 Oct, 2017 12:00am
Ninth 'Interiors Pakistan Expo' to begin on December 15

Ninth 'Interiors Pakistan Expo' to begin on December 15

The three-day 9th Interiors Pakistan Expo 2017 is being held from December 15 to promote the local furniture industry worldwide. According to PFC Chief Executive Mian Kashif Ashfaq, the exhibition will be held at the Expo Centre in Lahore where over 100 b
Published 27 Oct, 2017 12:00am
PRL's profit after tax increases to Rs 348.606 million
Exchange

PRL's profit after tax increases to Rs 348.606 million

The profit after tax of Pakistan Refinery Limited (PRL) has increased to Rs 348.606 million in the quarter ended September 30, 2017 as compared to Rs 122.211 million earned in the corresponding period in 2016. The board of directors of the company in its
Published 27 Oct, 2017 12:00am
PRL's profit after tax increases to Rs 348.606 million
Exchange

PRL's profit after tax increases to Rs 348.606 million

The profit after tax of Pakistan Refinery Limited (PRL) has increased to Rs 348.606 million in the quarter ended September 30, 2017 as compared to Rs 122.211 million earned in the corresponding period in 2016. The board of directors of the company in its
Published 27 Oct, 2017 12:00am
Bank Alfalah posts Rs 7.175 billion PAT

Bank Alfalah posts Rs 7.175 billion PAT

The Board of Directors of Bank Alfalah in their meeting held recently, approved the Bank's un-audited financial statements for the nine months period ended September 30, 2017. The Bank's performance remained impressive as a year-on-year growth of 14.3 per
Published 27 Oct, 2017 12:00am
Bank Alfalah posts Rs 7.175 billion PAT

Bank Alfalah posts Rs 7.175 billion PAT

The Board of Directors of Bank Alfalah in their meeting held recently, approved the Bank's un-audited financial statements for the nine months period ended September 30, 2017. The Bank's performance remained impressive as a year-on-year growth of 14.3 per
Published 27 Oct, 2017 12:00am
Sindh government grants Rs 12.5 million to KPC

Sindh government grants Rs 12.5 million to KPC

Sindh Minister for Information, Labour, Transport and Mass Transit Syed Nasir Hussain Shah Thursday handed over the cheque of amounting to Rs 12,500,000 to the Secretary Press Club Karachi Maqsood Ahmed Yousufi at his office here.
Published 27 Oct, 2017 12:00am
Oman Air plans three flights a week from Peshawar: RVP Sunil

Oman Air plans three flights a week from Peshawar: RVP Sunil

Oman Air, which is already operating from three major cities - Karachi, Islamabad and Lahore, is planning to expand its wings to Peshawar in near future. "Oman Air, which operate 13 flights weekly from Karachi, is in a process to commence three flights pe
Published 27 Oct, 2017 12:00am
Plea to introduce 'zero-rate regime' for five exports sectors

Plea to introduce 'zero-rate regime' for five exports sectors

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) blames the delay in restoring zero-rate regime as per the law for holding back the textile makers from modernizing their industrial units. In a letter to the Federal Commerce Ministry, Chief
Published 27 Oct, 2017 12:00am
BoP NIM improves during first nine months of 2017

BoP NIM improves during first nine months of 2017

A meeting of the Board of Directors of The Bank of Punjab was held on October 25, 2017. During the meeting, un-audited Financial Statements of the Bank for nine months ended September 30, 2017 were approved by the Board. During first nine months of the ye
Published 27 Oct, 2017 12:00am