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Jul 03, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-11-01
Most Asian currencies rise

Most Asian currencies rise

Most Asian currencies advanced on Tuesday with the dollar coming under pressure after investigators probing Russian meddling in the US election had charged President Donald Trump's former campaign manager. Federal investigators probing Russian interferenc
Published 01 Nov, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Inter-bank buy/sell rates for the taka against the dollar on Tuesday 80.88-80.90 (previous 80.85-80.87).
Published 01 Nov, 2017 12:00am
Sterling perks to a one-month high vs euro

Sterling perks to a one-month high vs euro

Sterling jumped to a one-month high against the euro on Tuesday, after the European Union's chief Brexit negotiator said he was ready to speed up discussions with Britain, easing concerns about the lack of progress in negotiations. Talks intended to unrav
Published 01 Nov, 2017 12:00am
Aussie slips

Aussie slips

The Australian dollar took a brief dip on Tuesday after data showed China's factories expanded at a slower pace in October, while the New Zealand dollar tripped after two rare days of gains. The Australian dollar, often traded as a liquid proxy for China
Published 01 Nov, 2017 12:00am
Vandeweghe beats Chinese wild card

Vandeweghe beats Chinese wild card

America's Coco Vandeweghe beat her Chinese wild card opponent on the first day of the WTA Elite Trophy on Tuesday, bringing her a step closer to a semi-final berth. The second seed, making her debut at the season-ending tournament, downed China's number o
Published 01 Nov, 2017 12:00am
SBP Governor's Cup Cricket ends: ABL, ZTBL qualify for 'Super Series'

SBP Governor's Cup Cricket ends: ABL, ZTBL qualify for 'Super Series'

In the final of 14th SBP Governor's Cup Interbank Regional Cricket Tournament recently held at Islamabad, the team ZTBL defeated ABL North Group after a nail-biting encounter. However, team ABL managed to secure a place in the SBP Governor's Cup Interbank
Published 01 Nov, 2017 12:00am
Farah splits with long-time coach Salazar

Farah splits with long-time coach Salazar

Long-distance running star Mo Farah is leaving long-time coach Alberto Salazar to return home to Britain but denies the split is related to doping allegations surrounding the Oregon-based guru. Farah, who retired from the track earlier this year after a g
Published 01 Nov, 2017 12:00am
Holder, Dowrich keep Windies in command

Holder, Dowrich keep Windies in command

An unbroken 144-run stand for the eighth wicket between Jason Holder and Shane Dowrich ensured the West Indies emerged from day three of the second Test against Zimbabwe on Tuesday with a vital first-innings lead. Holder and Dowrich came together with the
Published 01 Nov, 2017 12:00am
Sri Lanka plan more Pakistan trips after T20 success

Sri Lanka plan more Pakistan trips after T20 success

Sri Lanka are planning to send more teams to Pakistan after playing a Twenty20 match in Lahore for the first time since a gun attack eight years ago, a top official said Tuesday. Sri Lanka Cricket chief executive Ashley de Silva said the national team wer
Published 01 Nov, 2017 12:00am
SAI sponsors fourth Corps Commander's Open Golf

SAI sponsors fourth Corps Commander's Open Golf

Shaheen Air International (SAI) in collaboration with Pakistan Golf Federation and Punjab Golf Association sponsored the 4th Commander Open Golf Tournament 2017. Kashif Sehbai, Chairman, Shaheen Air International was the chief guest at the concluding cere
Published 01 Nov, 2017 12:00am
Bangladesh to probe South Africa debacle

Bangladesh to probe South Africa debacle

Bangladesh's cricket board said Tuesday it would launch an investigation into its humiliating drubbing during a recent tour of South Africa in one of its worst performances on record. Bangladesh lost every match in all three formats, with David Miller sma
Published 01 Nov, 2017 12:00am
Kiwis aim to extend perfect T20 record against India

Kiwis aim to extend perfect T20 record against India

Big-hitting batsman Colin Munro believes New Zealand's perfect Twenty20 record against India will inspire confidence as the Kiwis try to rebound from losing a one-day series. The Kiwis have won all five of the T20 matches they have played against India. H
Published 01 Nov, 2017 12:00am
Para athletes 'threatened' for raising concerns over classification

Para athletes 'threatened' for raising concerns over classification

Para athletes have been threatened with deselection for raising concerns over the classification of other competitors, ex-wheelchair racer Tanni Grey-Thompson told British lawmakers on Tuesday. The 11-time Paralympic champion said the classification syste
Published 01 Nov, 2017 12:00am
Greece hands Olympic torch to Pyoengchang

Greece hands Olympic torch to Pyoengchang

The Olympic torch was formally handed over from Greece to Pyeongchang 2018 Olympic Winter Games organisers on Tuesday in a simple ceremony. Under overcast skies at the Panathenaic Stadium that hosted the first modern Olympics in 1896, the torch was presen
Published 01 Nov, 2017 12:00am
IOC partially lifts Brazil committee ban

IOC partially lifts Brazil committee ban

The International Olympic Committee on Tuesday cleared Brazil's suspended Olympic body to participate in upcoming events but affirmed that a broader ban imposed amid a corruption scandal remains in force. "The Brazilian Olympic Committee (BOC)... will be
Published 01 Nov, 2017 12:00am
Wapda athletes shine in Athletics Competition

Wapda athletes shine in Athletics Competition

Pakistan Water and Power Development Authority (Wapda) athletes outclassed their competitors in the '2nd National Athletics Competition 2017,' as Wapda secures first position in three categories of the event, while second in the fourth category according
Published 01 Nov, 2017 12:00am
Witchcraft helped us win, says Sri Lanka captain

Witchcraft helped us win, says Sri Lanka captain

Sri Lanka's surprise two-match Test cricket win against Pakistan this month was down to witchcraft, captain Dinesh Chandimal said Tuesday, drawing mockery on social media. Chandimal told reporters he had received a special blessing from a meyni, or sorcer
Published 01 Nov, 2017 12:00am
Britain accelerates Brexit plans, talks also to speed up

Britain accelerates Brexit plans, talks also to speed up

Britain is accelerating preparations for "all eventualities" when it leaves the European Union, but both sides are hopeful an agreement on stepping up talks to unravel more than 40 years of partnership will be sealed soon. With only 17 months remaining un
Published 01 Nov, 2017 12:00am
Palestinian killed

Palestinian killed

Israeli forces opened fire on a "suspect" vehicle in the occupied West Bank on Tuesday, killing one Palestinian and wounding another, Israel's army and the Palestinian health ministry said. An army statement said a vehicle approached Israeli soldiers in a
Published 01 Nov, 2017 12:00am
Shortfall in climate action is 'catastrophic': UN

Shortfall in climate action is 'catastrophic': UN

There is a "catastrophic" gap between national pledges to reduce greenhouse gas emissions and the actions needed to cap global warming below two degrees Celsius, the UN's environment chief warned Tuesday, days ahead of global climate talks in Bonn. Even i
Published 01 Nov, 2017 12:00am
Suicide bomber attacks Kabul's diplomatic zone, five dead

Suicide bomber attacks Kabul's diplomatic zone, five dead

A suicide bomber believed to be as young as 12 struck Kabul's heavily fortified diplomatic quarter on Tuesday and killed at least five people, showing that militants can still hit the heart of the city despite tighter security. It was the first attack tar
Published 01 Nov, 2017 12:00am
Hollywood producers kick out disgraced Weinstein

Hollywood producers kick out disgraced Weinstein

The Producers Guild of America banned disgraced movie mogul Harvey Weinstein for life on Monday, vowing that sexual harassment would no longer be tolerated within its ranks. New accusations of sexual assault have continued to pour in since investigations
Published 01 Nov, 2017 12:00am
Russia says its submarine fired missiles at IS base in Syria

Russia says its submarine fired missiles at IS base in Syria

Russia said Tuesday its submarine deployed in the Mediterranean fired three ballistic missiles to destroy a command post of the Islamic State group in Syria's eastern Deir Ezzor province. "A missile strike with three Kalibr missiles destroyed a command po
Published 01 Nov, 2017 12:00am
US, Italy bid to sell Czech army 12 helicopters

US, Italy bid to sell Czech army 12 helicopters

The United States and Italy have offered to sell the Czech army 12 helicopters, the Czech Defence Ministry said on Tuesday, a deal worth an estimated $575 million that is on hold until a new government takes office. Bell Helicopter, a unit of Textron, and
Published 01 Nov, 2017 12:00am
UN names new coordinator to unblock aid for Myanmar

UN names new coordinator to unblock aid for Myanmar

The United Nations on Tuesday named a new interim relief coordinator in Myanmar as the government continues to block demands that humanitarian workers be allowed to reach Muslim Rohingya in Rakhine state. Knut Ostby of Norway, who has worked for the Unite
Published 01 Nov, 2017 12:00am
Syria regime shelling kills four schoolchildren

Syria regime shelling kills four schoolchildren

Syrian regime shelling killed four schoolchildren and a man on Tuesday in the rebel-held besieged town of Jisreen east of the capital Damascus, a Britain-based monitor and a medical source said. "A shell fired by regime troops hit the entrance of a school
Published 01 Nov, 2017 12:00am
Kenya's Odinga rejects 'sham' election, pledges to fight on

Kenya's Odinga rejects 'sham' election, pledges to fight on

Kenya's opposition leader Raila Odinga on Tuesday rejected outright the result of last week's "sham" election, vowing to fight on after the protest-hit poll that handed President Uhuru Kenyatta a landslide win. "This election must not stand. If allowed to
Published 01 Nov, 2017 12:00am
Bosnia extradites Kosovo jihadist to US

Bosnia extradites Kosovo jihadist to US

Bosnia has extradited to the United States a Kosovo jihadist whom Washington suspects of links to jihadist groups, four months after his arrest in Sarajevo, prosecutors said Tuesday. Bosnia's prosecutors "took part in a complex operation to locate and ext
Published 01 Nov, 2017 12:00am
Tensions rise after Israel blows up tunnel from Gaza

Tensions rise after Israel blows up tunnel from Gaza

Tensions rose Tuesday after an Israeli operation to blow up a tunnel from the Gaza Strip killed seven Palestinian militants in one of the deadliest incidents since a devastating 2014 war. The seven men, from the armed wings of Gaza's rulers Hamas and alli
Published 01 Nov, 2017 12:00am
China, South Korea agree to mend ties after THAAD standoff
Exchange

China, South Korea agree to mend ties after THAAD standoff

Seoul and Beijing on Tuesday agreed to move beyond a year-long stand-off over the deployment of a US anti-missile system in South Korea, a dispute that has been devastating to South Korean businesses that rely on Chinese consumers. The unexpected detente
Published 01 Nov, 2017 12:00am
Cotton up on lingering crop damage concerns
Cotton

Cotton up on lingering crop damage concerns

ICE cotton futures edged up on Monday as concerns of crop damage in top producer Texas persisted, ahead of crop progress data from the US government. "There is a little bit of concern over freezing temperatures in Lubbock, Texas," said Rogers Varner, pres
Published 01 Nov, 2017 12:00am
Shanghai copper up
Exchange

Shanghai copper up

The most-traded copper contract on the Shanghai Futures Exchange closed 0.58 percent higher at 53,820 yuan ($8,118.26) a tonne. ShFE nickel and zinc saw the greatest advances among Chinese metals futures, up 2.8 percent and 1.8 percent respectively in ste
Published 01 Nov, 2017 12:00am
Copper prices slip; nickel jumps
Exchange

Copper prices slip; nickel jumps

Copper fell on Tuesday as its rebound from Friday's 2 percent drop was arrested by concerns that the market had become overextended during this month's push to three-year highs above $7,000 a tonne. Nickel jumped sharply around the close of open outcry tr
Published 01 Nov, 2017 12:00am
Oil up near two-year highs, analysts see more US crude exports

Oil up near two-year highs, analysts see more US crude exports

Oil prices settled higher again on Tuesday, notching a monthly gain of more than 5 percent, but analysts said bullish sentiment that has driven Brent crude to its highest in more than two years could encourage US producers to export more oil. Brent settle
Published 01 Nov, 2017 12:00am
Rubber tumbles
Exchange

Rubber tumbles

Benchmark Tokyo rubber futures hit a four-month low on Tuesday, dragged lower by another decline in Shanghai futures as worries over sluggish demand weighed, brokers said. The Tokyo Commodity Exchange rubber contract for April delivery finished 2.8 yen lo
Published 01 Nov, 2017 12:00am
Palm oil plummets
Vegetable Oil

Palm oil plummets

Malaysian palm oil futures fell on Tuesday after four straight sessions of gains on weakness in related edible oils, while shipment data from cargo surveyors did little to support the market. The benchmark palm oil contract for January delivery on the Bur
Published 01 Nov, 2017 12:00am
Robusta coffee at six-month low, raw sugar up
Currency

Robusta coffee at six-month low, raw sugar up

Robusta coffee futures on ICE fell to a six-month low on Tuesday and the nearby premium declined on diminishing concern about nearby supply tightness, while raw sugar consolidated near the prior session's three-month high. January robusta coffee settled d
Published 01 Nov, 2017 12:00am
Gold rises in New York

Gold rises in New York

Gold rose on Monday ahead of a series of central bank meetings and US President Donald Trump's expected announcement of the next Federal Reserve chair, and amid a slightly weaker US dollar. The metal is facing a slew of potential risks this week, includin
Published 01 Nov, 2017 12:00am
Gold unchanged in Asia

Gold unchanged in Asia

Gold prices were largely unchanged on Tuesday after the Bank of Japan kept its monetary policy steady, with investors shifting their attention to other central bank meetings and economic events due this week. Gold markets remained cautious ahead of a two-
Published 01 Nov, 2017 12:00am
Gold slips in Europe
Currency

Gold slips in Europe

Gold slipped on Tuesday as the dollar recovered and precious metals investors turned cautious ahead of central bank meetings this week, US payrolls data and the announcement of who will be the next Federal Reserve chair.
Published 01 Nov, 2017 12:00am
US MIDDAY: wheat down

US MIDDAY: wheat down

US wheat futures fell to fresh contract lows on Tuesday as technical selling pressure dragged prices lower for a fifth straight session. Chart-based selling accelerated as prices slipped below the prior day's two-month low. That move more than offset supp
Published 01 Nov, 2017 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold prices fell on Tuesday as the US dollar was firm for much of the session and precious metals investors turned cautious ahead of central bank meetings this week, US payrolls data and the announcement of the next US Federal Reserve chair. Spot gold sli
Published 01 Nov, 2017 12:00am
Nadra urged to revise verification cost of micro-insurance
Exchange

Nadra urged to revise verification cost of micro-insurance

The Securities and Exchange Commission of Pakistan (SECP) has approached the National Database & Registration Authority (NADRA) for rationalisation of NADRA verification cost for micro-insurance in line with the rationalization approved for the branchless
Published 01 Nov, 2017 12:00am
About 123,346 tons of raw cotton exported in Q1
Cotton

About 123,346 tons of raw cotton exported in Q1

Raw cotton exports from the country during first quarter of current financial year grew by 69.70 percent as compared the exports of the corresponding period of last year. During the period from July-September, 2017-18, about 17,752 metric tons of raw cott
Published 01 Nov, 2017 12:00am
SECP proposes 'Awami Pension Scheme'
Exchange

SECP proposes 'Awami Pension Scheme'

The Securities and Exchange Commission of Pakistan's (SECP) proposed Awami Pension Scheme would make all Pakistani citizens aged between 18-60 years eligible to participate, except those who are covered under any other retirement scheme. Sources told B
Published 01 Nov, 2017 12:00am
Ittehad Chemicals Limited

Ittehad Chemicals Limited

Ittehad Chemicals Limited (PSX: ICL) was set up as United Chemicals in 1962 as a manufacturer of caustic soda. It was nationalised in 1971 and renamed as Ittehad Chemicals. Ultimately denationalised in 1971, it was acquired by Chemical Group of Industries
Published 01 Nov, 2017 12:00am
Ittehad Chemicals Limited

Ittehad Chemicals Limited

Ittehad Chemicals Limited (PSX: ICL) was set up as United Chemicals in 1962 as a manufacturer of caustic soda. It was nationalised in 1971 and renamed as Ittehad Chemicals. Ultimately denationalised in 1971, it was acquired by Chemical Group of Industries
Published 01 Nov, 2017 12:00am
SW&BM fails to devise mechanism for grants collection

SW&BM fails to devise mechanism for grants collection

After a period of over six years, the Social Welfare and Bait-ul-Maal (SW&BM) Punjab has not devised a 'coordinated mechanism' for the collection of grants from the government and private organizations to take rehabilitation measures for the Persons with
Published 01 Nov, 2017 12:00am
Low visibility, health hazard emerge as smog chokes Lahore

Low visibility, health hazard emerge as smog chokes Lahore

While a blanket of thick smog has enveloped Lahore and adjoining regions in central Punjab reducing visibility and resulting in breathing difficulties and irritation in eyes, health experts have advised people to take precautions to protect themselves fro
Published 01 Nov, 2017 12:00am
FPCCI urged to play role for withdrawal of RD

FPCCI urged to play role for withdrawal of RD

Pakistan FMCG Importers Association (PFIA) has urged the Federation of Pakistan Chamber of Commerce & Industry (FPCCI) to play its role in immediate withdrawal of regulatory duty recently imposed by the federal government on different items on the pretext
Published 01 Nov, 2017 12:00am
DIG Salik refuses to work under new IG Prisons

DIG Salik refuses to work under new IG Prisons

Deputy Inspector General of Prisons (Headquarters) Punjab, Salik Jalal has refused to work under the newly-appointed IG (Prisons) Punjab Mirza Shahid Saleem Baig. Well-informed sources told Business Recorder that DIG Salik has also written a letter
Published 01 Nov, 2017 12:00am
JI accords priority to religious, science education: Siraj

JI accords priority to religious, science education: Siraj

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq has said that the JI envisaged building Pakistan the super power of the Muslim world through promotion of education. According to media cell of JI at Lahore (Mansoora) he was addressing the prize dis
Published 01 Nov, 2017 12:00am
LHC seeks reply from ECP in plea against Nawaz's presidency of PML-N

LHC seeks reply from ECP in plea against Nawaz's presidency of PML-N

Chief Justice of the Lahore High Court Syed Mansoor Ali Shah on Tuesday sought reply from the Election Commission of Pakistan (ECP) by November 16 in a petition of outgoing secretary of the Supreme Court Bar Association against Nawaz Sharif for his electi
Published 01 Nov, 2017 12:00am
Saarc CCI's communication workshop held in Lahore

Saarc CCI's communication workshop held in Lahore

A two-day communications workshop was organized by SAARC Chamber of Commerce and Industry (SAARC CCI) to streamline strategies and mechanisms to optimize the external and internal communications of SAARC CCI with its key stake holders. The workshop was he
Published 01 Nov, 2017 12:00am
FCCI SVP urges business community to make CPEC favourable

FCCI SVP urges business community to make CPEC favourable

Senior Vice President of Faisalabad Chamber of Commerce & Industry (FCCI) Sheikh Farooq Yousaf has said that business community has to dig out the opportunities from CPEC to make it favourable for Pakistan. He was addressing the participants of 24th Mid C
Published 01 Nov, 2017 12:00am
PIAF calls for implementing of PM's package

PIAF calls for implementing of PM's package

The Pakistan Industrial and Traders Associations Front (PIAF) has called for the implementation of the Prime Minister Export Enhancement Package in its true spirit apart from initiating steps, such as providing uninterrupted energy supply to the industry
Published 01 Nov, 2017 12:00am
Business Forum holds Dar responsible for rising trade deficit
Exchange

Business Forum holds Dar responsible for rising trade deficit

The Business Forum of the Awam League while questioning the performance of Federal Finance Minister Ishaq Dar held him responsible for the fading national economy that led the country to face unprecedented rise in the trade deficit, and internal and exter
Published 01 Nov, 2017 12:00am
SECP directed to re-draft Motor Vehicles Act, 1939
Exchange

SECP directed to re-draft Motor Vehicles Act, 1939

Ministry of Law and Justice has directed Securities and Exchange Commission of Pakistan (SECP) to re-draft the Motor Vehicles Act, 1939 for smooth implementation of the Motor Third Party Liability Insurance Scheme to compensate the road accident victims.
Published 01 Nov, 2017 12:00am
Matco Foods applies for listing on PSX
Exchange

Matco Foods applies for listing on PSX

Matco Foods Limited has applied for listing on the Pakistan Stock Exchange and has submitted the draft prospectus for issue of shares to High Net-worth Individuals/Institutional Investors through Book Building followed by issue of shares of the Company to
Published 01 Nov, 2017 12:00am
Asma's group Pir Kaleem elected SCBA president

Asma's group Pir Kaleem elected SCBA president

Pir Kaleem Khurshid of Independent Group led by Asma Jahangir was elected as president Supreme Court Bar Association (SCBA) for year 2017-18 here on Tuesday. According to unofficial results, Pir Khurshid secured 1145 votes in a one-on-one contest with Haf
Published 01 Nov, 2017 12:00am
Mobile wallet-based remittances scheme on the cards

Mobile wallet-based remittances scheme on the cards

The government is likely to launch a mobile wallet-based remittances scheme under which clients will be given free air time to facilitate channelising remittances through formal channels. Sources said that the wallet-based remittances scheme was discussed
Published 01 Nov, 2017 12:00am
'Chemical composition in poultry feed spreading diseases'

'Chemical composition in poultry feed spreading diseases'

The poultry feed and use of injections of hormones to enhance milk production in buffalos and cows have been causing different diseases among the consumers. This was revealed in a meeting of Senate Standing Committee on National Health Services, Regulatio
Published 01 Nov, 2017 12:00am
Government comes under fire over ignoring NACTA in Senate

Government comes under fire over ignoring NACTA in Senate

The government came under fire in Senate on Tuesday for ignoring National Counter Terrorism Authority (NACTA) as joint opposition staged a walkout, saying the top counterterrorism body is fast becoming a "post office" due to no-allocation of adequate fund
Published 01 Nov, 2017 12:00am
Petition against tax amnesty scheme dismissed

Petition against tax amnesty scheme dismissed

The Lahore High Court dismissed a petition against the tax amnesty scheme on Tuesday. The court held that this was a reformist measure on the part of government to bring traders in the tax net. Petitioner Sheraz Zaka Advocate stated that traders had been
Published 01 Nov, 2017 12:00am
Need for ensuring protection of child rights stressed

Need for ensuring protection of child rights stressed

State Minister for Human Rights Barrister Usman Ibrahim has stressed the need for ensuring protection of the child rights by involving relevant stakeholders at all levels for creation of peaceful environment at home, work place and in the society at large
Published 01 Nov, 2017 12:00am
Stormy KMC Council's session ends in five minutes

Stormy KMC Council's session ends in five minutes

The Karachi Metropolitan Corporation's council session on Tuesday ended abruptly after the passage of a single resolution, leaving the opposition angered by the action. With mayor Waseem Akhtar in the chair, the session started half-an-hour later that the
Published 01 Nov, 2017 12:00am
CDA urged to formulate policy for Islamabad's master plan

CDA urged to formulate policy for Islamabad's master plan

The sub-committee of Senate Standing Committee on Cabinet Secretariat has asked the Capital Development Authority (CDA) to formulate a comprehensive policy about master plan of Islamabad to facilitate the people. A meeting of the sub-committee met with Se
Published 01 Nov, 2017 12:00am
PPSC retired employees demand restoration of pension

PPSC retired employees demand restoration of pension

Retired teachers and employees of Peshawar Public School and College (PPSC) voiced concern over suspension of pension without any specified reason and demanded of the provincial government for its immediate restoration.
Published 01 Nov, 2017 12:00am
Officers, prosecutors being trained on modern lines: NAB chief

Officers, prosecutors being trained on modern lines: NAB chief

Chairman, National Accountability Bureau (NAB), former Justice Javed Iqbal on Tuesday sought USAID assistance in further improving capacity of investigators and prosecutors of Bureau on modern lines. The officers and prosecutors of NAB are being provided
Published 01 Nov, 2017 12:00am
Sherry lashes out at government over mounting external debt
Exchange

Sherry lashes out at government over mounting external debt

Vice President PPPP, Senator Sherry Rehman slammed the government over Pakistan's mounting external debt. "This alarming rise in our external debt shows the downward trajectory of the government's lackluster economic vision," said the Senator in her state
Published 01 Nov, 2017 12:00am
Rashid meets Qadri in Toronto

Rashid meets Qadri in Toronto

Awami Muslim League (AML) chief Sheikh Rashid Ahmed met with Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri in Toronto and discussed current political situation in the country. According to Lal Haveli, Rawalpindi spokesman, both leaders also discusse
Published 01 Nov, 2017 12:00am
Pesco to purchase more electricity through net metering

Pesco to purchase more electricity through net metering

Board of Directors (BoD), Peshawar Electricity Supply Company (PESCO) has given approval for purchase of additional electricity from domestic, industrial and commercial consumers up to 1MW through net metering. The approval was accorded in a special meeti
Published 01 Nov, 2017 12:00am
Government plans to launch Asaan mobile account scheme in January

Government plans to launch Asaan mobile account scheme in January

The government is planning to launch Asaan Mobile Account (AMA) Scheme in January 2018 to allow any person with a basic mobile phone to open a digital transaction account swiftly through a unified Unstructured Supplementary Service Data (USSD) code or str
Published 01 Nov, 2017 12:00am
Foggy weather forecast

Foggy weather forecast

The Met Office on Tuesday said that fog is expected to grip plains of Punjab and forecast hot and dry weather for the most parts of the country in the next 24 hours. Heat wave spell is likely to continue in Karachi over the next two days (Wednesday and Th
Published 01 Nov, 2017 12:00am
Brother of ex-KCCI president among two arrested by NAB

Brother of ex-KCCI president among two arrested by NAB

National Accountability Bureau (NAB) Karachi on Tuesday arrested two persons including a brother of former president of Karachi Chamber of Commerce and Industry (KCCI) in fake sales tax case. Luqman Javed and Abdul Hameed Agar were said to be beneficiarie
Published 01 Nov, 2017 12:00am
P&G joins UN Women for women's economic empowerment

P&G joins UN Women for women's economic empowerment

Procter & Gamble (P&G) has partnered with UN Women to contribute towards the economic empowerment of women in Pakistan. The initiative includes supporting women entrepreneurship and gender-responsive procurement in the country. The partnership was announc
Published 01 Nov, 2017 12:00am
KCCI appoints heads of 16 sub-committees

KCCI appoints heads of 16 sub-committees

The Karachi Chamber of Commerce and Industry (KCCI) has appointed chairmen of 16 sub-committees and 4 special committees for the year 2017-18.
Published 01 Nov, 2017 12:00am
PBA office-bearers

PBA office-bearers

Pakistan Broadcasters Association held its Annual General Meeting on October 31, 2017 (today). Majority of members from TV +ACY- Radio category were present at the meeting.
Published 01 Nov, 2017 12:00am
Professor Kazmi elected KUTS president

Professor Kazmi elected KUTS president

Jamil Kazmi of the Karachi University Teachers Forum was elected president of the Karachi University Teachers Society on Tuesday, securing 303 votes. He closely defeated the candidate of the Teachers Alliance for Good Governance, Riaz Ahmed, who secured 2
Published 01 Nov, 2017 12:00am
Ban imposed on transfer, posting of teachers in Sindh

Ban imposed on transfer, posting of teachers in Sindh

Sindh Minister for Education and Literacy, Jam Mehtab Hussain Dahar, has said that a ban has been imposed on transfers and postings of teachers of the education department for two months. Presiding over a meeting, he said, purpose of this ban was to solve
Published 01 Nov, 2017 12:00am
Polio team attacked in Hyderabad

Polio team attacked in Hyderabad

Unidentified people assaulted a polio vaccination team in Heerabad Qureshi area of the city on Tuesday after a reported disagreement. The anti-polio team did not have a police escort with it. Following the incident, the vaccination campaign in the area ha
Published 01 Nov, 2017 12:00am
Mari Petroleum's PAT surges to Rs 3.613 billion

Mari Petroleum's PAT surges to Rs 3.613 billion

The profit after tax of Mari Petroleum Company Limited has increased to Rs 3.613 billion in the quarter ended September 30, 2017 as compared to Rs 2.765 billion earned in the corresponding period in 2016. The board of directors of the company in its meeti
Published 01 Nov, 2017 12:00am
Mari Petroleum's PAT surges to Rs 3.613 billion

Mari Petroleum's PAT surges to Rs 3.613 billion

The profit after tax of Mari Petroleum Company Limited has increased to Rs 3.613 billion in the quarter ended September 30, 2017 as compared to Rs 2.765 billion earned in the corresponding period in 2016. The board of directors of the company in its meeti
Published 01 Nov, 2017 12:00am
Students declare SU a 'safe campus'

Students declare SU a 'safe campus'

Thousands of female and male students declare University of Sindh a 'Safe Campus'. This declaration was voiced vociferously in a rally taken out by SU girl students from Mausoleum of Allama I I Kazi to Central Library as hundreds of girls, their class and
Published 01 Nov, 2017 12:00am
'World Savings Day 2017' celebrated

'World Savings Day 2017' celebrated

National Savings Karachi celebrated "World Savings Day-2017", celebrated globally on 31st October every year, to create awareness about the importance of savings. Being a member of World Savings Banks Institute (WSBI), National Savings also celebrates thi
Published 01 Nov, 2017 12:00am
Minister calls for property tax survey in Sukkur

Minister calls for property tax survey in Sukkur

Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla has directed relevant officers to accelerate property and professional tax survey in Sukkur and in this regard, all legal and technical issues should be removed at earliest. Pre
Published 01 Nov, 2017 12:00am
IT returns: LCCI for date extension

IT returns: LCCI for date extension

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Ministry of Finance and the Federal Board of Revenue (FBR) to extend the date for filing of income tax returns at least till December 31 as there is a huge decline in the number of filers. L
Published 01 Nov, 2017 12:00am
SECP incorporates 8,286 companies in fiscal year 2017
Exchange

SECP incorporates 8,286 companies in fiscal year 2017

Improvement in the macroeconomic environment of the country has led to increased incorporation of companies in FY 2017. The Securities and Exchange Commission of Pakistan incorporated 8,286 companies in FY 2017 compared to 6,200 companies in FY 2016. The
Published 01 Nov, 2017 12:00am
UET VC visits Frontier Foundation

UET VC visits Frontier Foundation

Vice Chancellor, University of Engineering and Technology Peshawar, Professor Dr Iftikhar Hussain visited the Frontier Foundation here on Tuesday. The Vice chancellor met Sahibzada Muhammad Haleem, Chief Executive Officer and greeted the Thalessemia patie
Published 01 Nov, 2017 12:00am
PMA stages demo

PMA stages demo

The Pakistan Medical Association on Tuesday staged a demonstration outside the Karachi Press Club, demanding regularization of all doctors of the health deepartment government of Sindh. They demanded time scale promotions for doctors' general cadre, a spe
Published 01 Nov, 2017 12:00am
Appointment

Appointment

The Governor/Chancellor has appointed Professor Dr Ashfaq Ahmad Maan, Chairman, Department of Rural Sociology as Dean Faculty of Social Sciences, University of Agriculture Faisalabad for the period of three years. Besides, 137 research publications to his
Published 01 Nov, 2017 12:00am
Moot on 'ADHD, dyslexia' held in AKUH

Moot on 'ADHD, dyslexia' held in AKUH

Kazim Trust held its 3rd annual conference on Attention Deficit Hyperactivity Disorder (ADHD) and Dyslexia at Aga Khan University Hospital, in Karachi. The conference was attended by parents, doctors, students of psychology and teachers of various schools
Published 01 Nov, 2017 12:00am
Ahsan urges people of Sindh to vote for socio-economic uplift

Ahsan urges people of Sindh to vote for socio-economic uplift

Federal Minister for Interior, Planning and Development, Professor Ahsan Iqbal on Tuesday emphasized that instead of remaining glued to one political party, the people of Sindh should be rationale and makes the best use of their votes for their better fut
Published 01 Nov, 2017 12:00am
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