News Archives for Print - 2017-11-08

Print - 2017-11-08

Gunmen storm Kabul TV station in deadly attack

Gunmen disguised as policemen stormed a television station in Kabul on Tuesday, killing one person and wounding two dozen others in the latest deadly attack targeting Afghan journalists. The assault, claimed by the Islamic State group, lasted about three

Published 08 Nov, 2017 12:00am

Two children die as car ploughs into Australia classroom

Two young children were killed and three seriously injured Tuesday when a car ploughed into their classroom at a Sydney school, with witnesses and emergency services describing "pandemonium" at the scene. The tragedy occurred at the Banksia Road Public Sc

Published 08 Nov, 2017 12:00am

UK politician found dead after misconduct claims

UK politician Carl Sargeant was found dead Tuesday just days after resigning over misconduct allegations as part of a wider harassment scandal embroiling parliament, police said. Sargeant's body was found on Tuesday at an address in Connah's Quay in north

Published 08 Nov, 2017 12:00am

South Korea to buy 'billions of dollars' of US weapons

South Korea has agreed to buy US weapons worth "billions of dollars" to guard against threats from nuclear-armed North Korea, US President Donald Trump said Tuesday. After a summit with South Korean President Moon Jae-In, Trump also said the US - the Sout

Published 08 Nov, 2017 12:00am

Trump claims progress on 'worldwide threat' of North Korea

North Korea poses a worldwide threat that needs worldwide action, President Donald Trump said in Seoul Tuesday, but insisted "we are making a lot of progress" in reining in the rogue state. The US leader, standing alongside his South Korean counterpart Mo

Published 08 Nov, 2017 12:00am

Cotton

New York cotton inches up on spillover buying

ICE cotton futures inched up on Monday supported by gains in other commodities markets, ahead of crop progress data from the US government due later in the day and monthly world agricultural demand and supply estimates data later in the week. Cotton contr

Published 08 Nov, 2017 12:00am

Exchange

China's nickel up

Nickel led gainers in mixed trading in Chinese metals futures on Tuesday, building on hefty gains in the London market overnight on positive demand signals from the electric vehicle battery market. Nickel, more so than other metals, is attracting investme

Published 08 Nov, 2017 12:00am

Exchange

Nickel falls as stronger dollar triggers profit-taking; copper down

Nickel fell sharply on Tuesday as a stronger dollar encouraged investors to take profits after prices rose almost 10 percent to two-year highs last week on growing expectations of demand from manufacturers of batteries used to power electric vehicles. Cop

Published 08 Nov, 2017 12:00am

Oil eases from 2-1/2 years highs, focus on Saudi tensions

Oil eased on Tuesday after rising to the highest since July 2015 the previous day, while tension flared between Saudi Arabia and Iran and the Saudi crown prince tightened his grip on power. Brent crude futures were down 51 cents, or 0.8 percent, at $63.76

Published 08 Nov, 2017 12:00am

Exchange

Rubber rises

Benchmark Tokyo rubber futures hit their highest in nearly a month on Tuesday, helped by a firm Shanghai market. The Tokyo Commodity Exchange rubber contract for April delivery finished up 1 yen at 206 yen ($1.81) per kg after touching 207 yen earlier, th

Published 08 Nov, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

Published 08 Nov, 2017 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT:

Published 08 Nov, 2017 12:00am

Vegetable Oil

Palm oil up on stronger overnight CBOT soyaoil

Malaysian palm oil futures rose slightly in evening trade on Tuesday, snapping three sessions of declines as they tracked overnight strength in Chicago Board of Trade (CBOT) soyaoil. Palm was also supported by Monday's surge in crude oil prices, but the m

Published 08 Nov, 2017 12:00am

Robusta coffee slumps to 14-month low

Robusta coffee futures on ICE fell to the lowest level in more than 14 months on Tuesday with new crop supplies beginning to flow from Vietnam while demand remains sluggish. January robusta coffee was down $50, or 2.7 percent, at $1,805 a tonne by 1518 GM

Published 08 Nov, 2017 12:00am

Gold jumps in New York

Gold rose more than 1 percent on Monday, extending gains as geopolitical risks drove investors to safe-haven assets after the metal's third-straight weekly decline. The US dollar dropped against a basket of currencies, also boosting gold. Spot gold was up

Published 08 Nov, 2017 12:00am

Gold down in Asia

Gold inched down on Tuesday as investors sold bullion to lock in profits after it gained nearly 1 percent in the previous session on safe-haven buying following concerns over the arrests of some Saudi royal family members and ministers on corruption charg

Published 08 Nov, 2017 12:00am

Gold slips in Europe

The price of gold eased on Tuesday as investors locked in gains following the biggest one-day rise in six weeks, after news of a string of high-profile arrests in Saudi Arabia sent the price of oil to a 2-1/2 year high, and the dollar and US Treasury yiel

Published 08 Nov, 2017 12:00am

Wheat falls

US wheat futures fell more than 1 percent on Tuesday after a weekly government report said the recently planted winter crop was in better-than-expected shape and as a firming dollar created headwinds for the grain in export markets. Corn prices eased alon

Published 08 Nov, 2017 12:00am

US MIDDAY: gold dips

Gold prices fell 0.5 percent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped. On Monday, bullion rose as much as 1 percent for its biggest daily ri

Published 08 Nov, 2017 12:00am

Smog-related issues: NTDC team off to China for studying Beijing model

Minister for Power Division Sardar Awais Leghari has dispatched a team of NTDC (National Transmission and Despatch Company) to China aimed at studying Beijing model to deal with smog in the country. Leghari held a special meeting on smog related issues at

Published 08 Nov, 2017 12:00am

Minister asks tax officials to follow SOP

Provincial Minister for Excise and Taxation & Narcotics Control Mukesh Kumar Chawla has directed to all Director Taxes including Regional Directors of Hyderabad, Larkana, Mirpurkhas, Sukkur and Shaheed Benazirabad to adopt standard operating procedure " S

Published 08 Nov, 2017 12:00am

PAC snubs CAA officials

Snubbing the senior officials of Civil Aviation Authority (CAA), the Public Accounts Committee (PAC) Tuesday observed that due to incompetence of CAA officials not only massive irregularities in various projects are surfacing but it is also putting additi

Published 08 Nov, 2017 12:00am

Mutual Funds

Lalpir Power Limited

Lalpir Power Limited (PSX: LPL) is part of the reputable Mansha Group, which also had power companies like Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It was set up in 1994 to operate a 362MW oil fired po

Published 08 Nov, 2017 12:00am

Mutual Funds

Lalpir Power Limited

Published 08 Nov, 2017 12:00am

Filing of returns: FBR conducts workshop to facilitate FFC employees

FBR conducts workshop on filing of returns for Fauji Fertilizer Company (FFC) employees Facilitation and Taxpayer Education (FATE) Wing of the FBR and FFC on Tuesday teamed up to hold an extensive training-cum-facilitation workshop for the FCC employees k

Published 08 Nov, 2017 12:00am

Senate body calls for representation of all provinces in CCI

The Senate Standing Committee on Law and Justice on Tuesday directed Law Division to look into the composition of Council of Common Interests (CCI) from 1990s till date and inform the same to the committee for further discussion on a constitutional amendm

Published 08 Nov, 2017 12:00am

52 senators to retire on March 11, 2018

As many as 52 senators including 12 each from Punjab and Sindh, 11 each from Khyber Pakhtunkhwa and Balochistan, two from the federal capital and four from the Federally Administered Tribal Areas (FATA) will retire on March 11, 2018. Some 18 senators of P

Published 08 Nov, 2017 12:00am

Faryal visits 'Sweet Home'

President Women's Wing Pakistan Peoples Party, Faryal Talpur visited Sweet Home Islamabad. Zamurrad Khan, in-charge of Sweet Home gave her a briefing about education to children at Sweet Home Islamabad. Talpur highly appreciated the efforts of Zamurrad Kh

Published 08 Nov, 2017 12:00am

MQM-P leaders call on Zardari

Muttahida Qaumi Movement Pakistan (MQM) leaders Senator Khushbakht Shujaat and a Member National Assembly Ali Rashid separately called on Asif Ali Zardari at Zardari House Islamabad on Tuesday. Prevailing political situation in the country and Karachi wer

Published 08 Nov, 2017 12:00am

Islamabad Red Zone sealed ahead of TLYR's rally

City police on Tuesday sealed majority of the routes leading to Red Zone by placing containers and barbed wires to stop the entry of participants of Tehreek-e-Labaik Ya Rasool Allah (TLYR) long march who are likely to reach Islamabad in the early hours of

Published 08 Nov, 2017 12:00am

Border closed as body of diplomat killed in Afghanistan arrives

The Khyber Pass border between Pakistan and Afghanistan was closed to all traffic on Tuesday for the return of a Pakistani diplomat who was shot dead in Afghanistan by unknown gunmen. Pakistan summoned the Afghan charge d'affaires in Islamabad to protest

Published 08 Nov, 2017 12:00am

Exchange

Exhibition to promote Pakistan's miniature paintings, calligraphy opens

A research based travelling exhibition "From the Scroll to the Book" to promote the traditional miniature painting and calligraphy of Pakistan was inaugurated at the Peace Garden Museum here on Tuesday. The exhibition, jointly organized by the Embassy of

Published 08 Nov, 2017 12:00am

Pakistan ranks five in 30 TB-affected countries' list: Parliamentary panel informed

A parliamentary panel was Tuesday informed that 366,000 out of an estimated 518,000 tuberculosis (TB) patients were registered with health service providers in the year 2016. Senator Dr Ghous Muhammad Khan Niazi chaired the Senate Standing Committee on Na

Published 08 Nov, 2017 12:00am

Appointments made in Tesco draw Senate body's ire

The Senate Standing Committee on States and Frontier Regions (SAFRON) has expressed displeasure over the recruitments made by TESCO in violation of the Rule 15 of Civil Servants (Appointment, Promotion and Transfer) Rules, 1973. The meeting of the committ

Published 08 Nov, 2017 12:00am

PFUJ, KhUJ condemn attack on TV channel in Kabul

Pakistan Federal Union of Journalists (PFUJ) and Khyber Union of Journalists (KhUJ) condemned the deadly terrorist attack against Shamshad Television in Kabul and urged the Afghan government to take early steps for the safety and protection of media house

Published 08 Nov, 2017 12:00am

JUI-S barred from holding public meeting

The political administration of North Waziristan Agency has barred activists of the Jamiat-e-Ulema-e-Islam (Sami) from holding public meeting in favour of Fata's merger in Khyber Pakhtunkhwa. Provincial Ameer of JUI-S Maulana Yousaf Shah said this while t

Published 08 Nov, 2017 12:00am

Kurai asks businessmen to export textile items to Japan

Pakistani textiles articles should be exported to Japan in order to reduce the import-export deficit, stated Takashi Kurai, Ambassador of Japan to Pakistan, at a public talk held at the Institute of Strategic Studies on Tuesday. Pointing towards import-ex

Published 08 Nov, 2017 12:00am

Multi-sector trade mission to visit in 2018: Belgian envoy

A multi-sector trade mission from Belgium will visit Pakistan in 2018 while another group of Belgian buyers will also participate in Expo to be organized by Trade Development Authority of Pakistan in Karachi, said Frederic Verheyden, ambassador of Belgium

Published 08 Nov, 2017 12:00am

Technical & Vocational University: Tevta, Chinese officials sign MoU

Punjab Minister for Industries, Commerce & Trade Sheikh Alla-u-din has said that many technical colleges including TEVTA have been playing a key role in promoting technical education across the Punjab. He said that the establishment of Tianjin University

Published 08 Nov, 2017 12:00am

Scholars stress need for religious harmony

Religious extremism and terrorism in Pakistan dating back to the 1980s involved domestic and global factors and adversely affected Pakistani society, and Pakistan lost the feature of cultural and religious tolerance and political accommodation, Dr Hasan A

Published 08 Nov, 2017 12:00am

Panama Papers case: SC shares FBR's details with Senate body

The Supreme Court has shared details submitted to it by Federal Board of Revenue (FBR) regarding its investigation against the persons named in Panama Papers with Senate Standing Committee on Finance, Revenue and Economic Affairs. Chairman Senate Standing

Published 08 Nov, 2017 12:00am

Powerful institution has intruded into trichotomy of power: Senators

The lawmakers in the Senate on Tuesday said that a powerful institution of the country has intruded into trichotomy of power - legislature, judiciary and executive - completely distorting the original concept of trichotomy of power. Senator Nasrin Jalil o

Published 08 Nov, 2017 12:00am

Unscheduled loadshedding: LCCI urges government for sustainable solution

The executive committee of the Lahore Chamber of Commerce and Industry in its first meeting on Tuesday expressed concern on the issues of unscheduled load shedding and encroachments and urged the Punjab government to find out a sustainable solution. LCCI

Published 08 Nov, 2017 12:00am

Afghan NSA phones Janjua to condole official's death

Afghan National Security Advisor Hanif Atmar on Tuesday telephoned his Pakistani counterpart Lieutenant-General Nasser Khan Janjua (retd) and condoled over the killing of Pakistani diplomatic official in Jalalabad. The Afghan advisor expressed his grief s

Published 08 Nov, 2017 12:00am

Child pneumonia: deadly, yet preventable

Eighty-four out of 1,000 infants die before reaching their first birthday due to pneumonia and diarrhoea, the two major "killer" diseases which are preventable in Pakistan, child health experts said at a press briefing on Tuesday. While diarrhoea has been

Published 08 Nov, 2017 12:00am

Tillerson assures Pakistan India not being assigned any strategic role: Asif

Foreign Minister Khawaja Asif on Tuesday informed the Senate that US Secretary of State Rex Tillerson has assured Pakistan that there is no need to be worried about as India is not being assigned any strategic role in the South Asia. Winding up a debate i

Published 08 Nov, 2017 12:00am

13,000 telecom towers of Jazz: $1 billion for expansion of edotco Group's network

The edotco Group, one of Asia's leading tower companies, Tuesday announced to invest $1 billion for its expansion in Pakistan by acquiring 13,000 telecom towers of the Jazz, which would create several hundreds of jobs. This was announced by Suresh Sidhu,

Published 08 Nov, 2017 12:00am

ANF seizes 51.4kg of drugs worth Rs 2.3 billion

The Anti-Narcotics Force (ANF) in 22 counter narcotics operations carried out across the country recovered 51.4 kg drugs worth Rs 2.3 billion in international market, and arrested 25 drug offenders including 2 women and impounded 3 vehicles. ANF spokesma

Published 08 Nov, 2017 12:00am

CM lauds role of PFA in providing hygienic food items

Punjab Chief Minister Shehbaz Sharif on Tuesday said that provision of hygienic food items to the people is his mission and acknowledged that the Punjab Food Authority (PFA) is playing an important role in this regard. He expressed these views while addre

Published 08 Nov, 2017 12:00am

Exchange

Manufacturers forecast surplus urea inventory for six months

Fertilizer manufacturers of Pakistan have forecast a surplus urea inventory in the country which will be enough to meet the local demand over the next six months (October 2017 to March 2018). According to the Fertilizer Manufacturers Pakistan Advisory Cou

Published 08 Nov, 2017 12:00am

More arguments sought in Pemra chief case

The Lahore High Court on Tuesday directed parties to come up with more arguments on November 9 in response to a petition challenging the appointment of Absar Alam as Chairman of the Pakistan Electronic Media Regulatory Authority (Pemra). The court express

Published 08 Nov, 2017 12:00am

PITB to hold first tech-based festival from November 11

Punjab Information Technology Board (PITB) presents Pakistan's first tech centered festival - The MIX to be held on November 11 and 12, 2017. A major initiative of PITB, The MIX will be an experiential zone focusing on engaging the public through advancem

Published 08 Nov, 2017 12:00am

Qavi's judicial remand extended for six more days

A Session's court judge on Tuesday extended Mufti Abdul Qavi's judicial remand for six more days during hearing in social media celebrity Qandeel Baloch murder case. During the hearing, Qavi was produced before the judicial magistrate, a day after his bai

Published 08 Nov, 2017 12:00am

Delimitation of constituencies: PPP accuses PML-N of playing to the gallery

The Pakistan Peoples' Party (PPP) Punjab spokesman has criticized the PML-N for playing to the gallery on delimitation of constituencies under fresh census. He said that the PML-N was trying to play games with the opposition while it has already reaped th

Published 08 Nov, 2017 12:00am

Shahbaz jettisons Imran's idea of early polls

Terming the demand of the PTI Chief for early elections as unreasonable, Punjab Chief Minister Shahbaz Sharif Tuesday said that those people are talking about holding of the snap elections that have ruined the KPK province. Talking to media during his vis

Published 08 Nov, 2017 12:00am

Smog continues to wreck havoc in Punjab

While there is no let up in current spell of smog, special counters have been set up in various public sector hospitals, to extend best possible treatment facilities to those affected by smog. In these centres, people are being sensitized about ill-effect

Published 08 Nov, 2017 12:00am

Elections on time unavoidable: Baloch

Secretary General Jamaat-e-Islami, Liaqat Baloch has said that legal hair splitting before the general elections was something common and there were always motives behind it. Talking to the media at the Syed Abul Ala Maudoodi Academy, he said that a game

Published 08 Nov, 2017 12:00am

Fog, poor visibility: PIA flights' schedule revised

Due to the weather conditions (dense fog and smog) prevailing in the country, some PIA flights operating on Wednesday and Thursday were revised and few of them were cancelled. According to a PIA spokesman here on Tuesday, the foggy weather condition is ex

Published 08 Nov, 2017 12:00am

JS Bank, JazzCash to integrate e-commerce gateway

JS Bank & Jazz cash has entered into an agreement whereby Jazz customers will have access to Direct Debit functionality. Developed on JazzCash Payment Gateway, Direct Debit will also bring convenience and ease to JS Bank customers, by enabling them to use

Published 08 Nov, 2017 12:00am

'Rang' to be held in Dubai on November 18

In a language that evolved from an amalgamation of Farsi, Arabic and Sanskrit; Urdu is one of the few scripts in the world, which has graced the courtyards of nobility as well as seeped into the homes of commoners, always agile and able to adapt to its su

Published 08 Nov, 2017 12:00am

Baba Farid Free Eye Camp to begin tomorrow

Baba Farid Free Eye Camp will begin from Thursday in Pak Pattan to provide free eye treatment to less-privileged people of remote areas. The free camp is being setup by the Haji Razzak Janoo Memorial Trust-one of the largest free eye camp trust in Pakista

Published 08 Nov, 2017 12:00am

KWSB to help resolve KATI's water, sewerage- related issued: MD

Karachi Water and Sewerage Board (KWSB) is ready to solve sewerage problems, despite many financial issues. Acting Managing Director of KWSB Asadullah Khan expressed these views speaking at a meeting of the Korangi Association of Trade and Industry (KATI)

Published 08 Nov, 2017 12:00am

Mangnejo assumes office of PSM CEO

Shakeel Ahmed Mangnejo has assumed the charge of Chief Executive Officer of Pakistan Steel Mills Corporation (PSMC). Mangnejo Tuesday visited zonal sales office of PSM and officially took charge of CEO. The federal government, on October 26, 2017, announc

Published 08 Nov, 2017 12:00am

Exchange

Filing of Form-A, Form-29: KTBA urges SECP to extend date

Karachi Tax Bar Association (KTBA) has requested the Securities & Exchange Commission of Pakistan (SECP) to extend the date for filing of Form-A and Form-29 till December 15, 2017. In a letter sent to Chairman SECP, the KTBA said that SECP has introduced

Published 08 Nov, 2017 12:00am

PBIF demands withdrawal of additional Saudi tax on pilgrimages

President of Pakistan Businessmen and Intellectuals Forum (PBIF) Mian Zahid Hussain has demanded withdrawal of additional tax imposed by Saudi kingdom on those who want to perform Hajj or Umrah. "Imposition of an additional tax by Saudi government will hi

Published 08 Nov, 2017 12:00am

Yayvo.com, JGI sign agreement

In a strategic collaboration aimed at driving wider digital inclusion in Pakistan, Yayvo.com, the fastest growing eCommerce store in Pakistan and owned by TCS, with Jubilee General Insurance, one of the fastest growing insurance providers has signed an ag

Published 08 Nov, 2017 12:00am

British Council's international'l school awards for 373 schools

The British Council in Pakistan hosted the International School Awards (ISA) ceremony on 7 November 2017, which recognizes and celebrates finest practice of internationalism in schools. 222 schools (159 Government, 63 Private schools) from across Punjab r

Published 08 Nov, 2017 12:00am

Opposition slams mills for not starting sugarcane crushing operations

Opposition parties in the Sindh Assembly on Tuesday denounced sugar mills for not starting sugarcane crushing operations in the province and asked the government to maintain its writ to protect the growers from financial losses. At the outset of the sessi

Published 08 Nov, 2017 12:00am

World Tsunami Day: SU holds awareness walk

An awareness walk was arranged in context to "World Tsunami Day" to commemorate the victims of Tsunami disasters. The event was organized by Centre for Coastal and Deltaic Studies, University of Sindh Thatta Campus. The walk started from University of Sin

Published 08 Nov, 2017 12:00am

Partly Facetious: I don't think they're fat

"Look at the bright side, you know as glass is half full instead of half empty - now if Maryam Nawaz is accepted as Nawaz Sharif's political heir then what will happen, do you reckon?"

Published 08 Nov, 2017 12:00am

Latest weapons being provided to SPU: IGP

Punjab Inspector General of Police (IGP) Arif Nawaz Khan has said that Punjab police department is providing latest weapons and speedy vehicles to the Special Protection Unit (SPU) for the protection of lives and properties of foreigners, especially Chine

Published 08 Nov, 2017 12:00am

Police seize 5,000 kg of drugs from truck

Police got hold of a truck carrying huge quantity of smuggled narcotics worth around rupees 200 million, from Manghopir, here on Tuesday. Police said that on a tip-off, they conducted a raid in Muhammad Khan Colony near Northern Bypass in Manghopir and re

Published 08 Nov, 2017 12:00am

Marriyum terms demand for early polls 'uncalled for'

The demand for early elections is unreasonable and it is being preferred by those people who have done nothing during the last four years except for deriding and denigrating the state institutions and churning out lies unabashedly. This was stated by Mini

Published 08 Nov, 2017 12:00am

Saindak Copper Gold Project: Senators voice concern over extension in lease contract

The lawmakers in Senate on Tuesday expressed concern over extension in lease contract of Saindak Copper Gold Project between Saindak Metals Limited and Metallurgical Corporation of China for another five years - November 01, 2017 to October 31, 2022. PkMA

Published 08 Nov, 2017 12:00am

Iranian media apprised about Pakistan's sacrifice in war against terror

Director General of Inter Services Public Relations (ISPR), Major-General Asif Ghafoor apprised Iranian media about Pakistan's efforts, achievements and sacrifices in war against terror and towards regional peace. According to Iranian media, addressing a

Published 08 Nov, 2017 12:00am

'SC's verdict a travesty of justice'

Maryam Nawaz on Tuesday termed detailed judgment of Supreme Court in response to review pleas of Sharif family in Panama Papers judgment a "travesty of justice." In a series of tweets following the detailed verdict, she said, "This decision could only be

Published 08 Nov, 2017 12:00am

Nawaz says he will not escape from 'so-called accountability process'

Disqualified Prime Minister Nawaz Sharif on Tuesday said that he would not escape from the "so-called accountability process" and insisted that he has not done anything against his conscience. In an informal chat with media persons after a consultative me

Published 08 Nov, 2017 12:00am

Chehlum of Imam Hussain (AS) Pillion riding banned on November 9 & 10 in Sindh

The government of Sindh on Tuesday banned pillion riding across the province from November 09-10 due to the Chehlum of Imam Hussain (AS). A notification has also been issued in this regard vowing strict action against the violators. The decision is taken

Published 08 Nov, 2017 12:00am

PTI challenges NA-120 by-poll results in ECP

Pakistan Tehreek-e-Insaf (PTI) Tuesday challenged by-poll results of NA-120 in the Election Commission of Pakistan (ECP), highlighting major irregularities in the results. The NA-120 seat stood vacated after Supreme Court of Pakistan disqualified the then

Published 08 Nov, 2017 12:00am

Tehmina briefs Senate body: 'RAW won't be allowed to use Afghan soil for terrorist activities'

Foreign Secretary Tehmina Janjua said on Tuesday that the United States has assured Pakistan that neither any terrorist group present in Afghanistan nor Indian spy agency RAW will be allowed to use Afghan soil for launching attacks inside Pakistan. Briefi

Published 08 Nov, 2017 12:00am

75 uplift schemes under SDGs planned for Lahore

For the uplift of the provincial capital, the Lahore city government has planned 75 development schemes under the sustainable development goals (SDGs) for FY2017-18, of which Rs 136.69 million have been released for 62 approved schemes. This was disclosed

Published 08 Nov, 2017 12:00am

Embarrassment awaits those doing 'negative' politics: Shahbaz

Punjab Chief Minister Shehbaz Sharif on Tuesday said the elements involved in negative politics will get nothing except embarrassment in the next general elections. He said this while talking to the provincial ministers and members of the Punjab Assembly,

Published 08 Nov, 2017 12:00am

GCU Lahore to host three int'l moots in November

The Government College University Lahore is going to host three international conferences this month, and besides hundreds of local scholars, more than 31 eminent international scientists from different parts of the world are participating in these confer

Published 08 Nov, 2017 12:00am

Britain owes an apology

This is apropos a Business Recorder editorial "A century of suffering" carried by the newspaper recently. The newspaper has argued, inter alia, that "The entity [ISIS] has demolished the so-called sanctity of another highly heinous agreement also i

Updated 08 Nov, 2017 09:53am

Exchange

Draining the dark pools? EU trading rules face uncertain launch

European Union efforts to bring greater transparency to stock dealing risk having the opposite effect, forcing regulators to intervene once again after new rules come into force in January. Overall, European regulators want to promote an orderly market fo

Published 08 Nov, 2017 12:00am

Currency

SBP on debt

"...Pakistan, where total debt and liabilities have crossed a whooping Rs 15 trillion. Considering the recent trends, there is zero probability of ever generating sufficient resources to meet this obligation. The more pertinent question is the extent to w

Published 08 Nov, 2017 12:00am

Currency

The rise of the renminbi

Now that Islamabad and Beijing are poised to enter into an expanded and intensified bilateral economic interaction as the first phase of implementation of China-Pakistan Economic Corridor (CPEC) project gets into top gear by end-2017, it is time for our o

Published 08 Nov, 2017 12:00am

Russian Revolution at 100

Speaking at a historians' conference held a few months after the disintegration of the Soviet Union, a veteran expert in this field had argued that historians cannot predict the future as they are no prophets. According to him, all historians examine the

Updated 08 Nov, 2017 09:36am

The shady paradise

The Federal Board of Revenue (FBR) has indicated that it will examine those Pakistani nationals whose names appear in the Paradise Papers, revealed by the International Consortium of Investigative Journalists (ICIJ) who are also credited with the release

Updated 09 Nov, 2017 09:48am

NA body told how economic situation can be improved

Experts, retired bureaucrats and businessmen have suggested National Assembly Standing Committee on Finance to take appropriate measures, including provision of incentives to exporters to reduce trade deficit, facilitating civil servants to improve their

Published 08 Nov, 2017 12:00am

NA body told how economic situation can be improved

Published 08 Nov, 2017 12:00am

NA body told how economic situation can be improved

Published 08 Nov, 2017 12:00am

Masood Azhar's nephew among four killed in held Kashmir

A soldier and three suspected freedom fighter, including the nephew of JeM founder Maulana Masood Azhar, were killed in a gun battle in Indian-held Kashmir, officials claimed Tuesday. Indian forces surrounded a home in the southern town of Pulwama late Mo

Published 08 Nov, 2017 12:00am

Masood Azhar's nephew among four killed in held Kashmir

Published 08 Nov, 2017 12:00am

Riyadh rejects reports of prince's death in graft purge

Saudi Arabia on Tuesday roundly rejected reports that a prominent prince had been killed in a sweeping anti-corruption purge of the kingdom's elite. Prince Abdulaziz bin Fahd, a son of the late king Fahd, was rumoured to have been killed in custody or whi

Published 08 Nov, 2017 12:00am

Riyadh rejects reports of prince's death in graft purge

Published 08 Nov, 2017 12:00am

Saudi banks freeze more than 1,200 accounts in probe

Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as part of the government''s anti-corruption purge, bankers and lawyers said on Tuesday. They added that the number is continuing to rise. Dozen

Published 08 Nov, 2017 12:00am

Saudi banks freeze more than 1,200 accounts in probe

Saudi Arabian banks have frozen more than 1,200 accounts belonging to individuals and companies in the kingdom as part of the government's anti-corruption purge, bankers and lawyers said on Tuesday. They added that the number is continuing to rise. Dozens

Published 08 Nov, 2017 12:00am

Saudi banks freeze more than 1,200 accounts in probe

Published 08 Nov, 2017 12:00am

Authenticity questioned: Senate panel for making census results public

The Senate Standing Committee on Privatization and Statistics questioning the authenticity of the latest census results in the country, recommended making the provisional results public as the delay is hampering delimitation process for the upcoming gener

Published 08 Nov, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	277.65
USD PKR Interbank Buying / Oct 4	277.45
USD to Japanese Yen / Oct 5	148.70
USD to Swiss Franc / Oct 5	0.86
Pound Sterling to USD / Oct 5	1.31
Euro to USD / Oct 5	1.10

Stock	Volume
S&P 500 / Oct 5	5,751.07
India Sensex / Oct 5	81,688.45
Tokyo Nikkei / Oct 5	38,635.62
Nasdaq / Oct 5	18,137.85
Hang Seng / Oct 5	22,736.87
FTSE 100 / Oct 5	8,280.63
Dow Jones / Oct 5	42,352.75
Germany DAX 30 / Oct 5	19,120.93

Item	Value
Crude Oil USD/Barrel / Oct 5	74.38
Karachi Cotton PKR/37.32 KG / Oct 5	18,285
Gold 10 Grams PKR / Oct 5	237,401.20
Gold Spot USD/Ounce / Oct 5	2,653.60
Cotton US¢/pound / Oct 5	73.27
Petrol/Litre / Oct 6	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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