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Nov 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-11-17
Oil slips, as US supply threatens to undermine OPEC cuts

Oil slips, as US supply threatens to undermine OPEC cuts

Oil prices edged lower on Thursday as rising US production and inventories threatened to undermine a rally sparked by tightening world supply as a consequence of OPEC's curbs on output. Brent crude futures were down 43 cents a barrel at $61.44 as of 12:17
Published 17 Nov, 2017 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures shed earlier gains to end lower on Thursday, closing at their lowest in nearly five months, as extended losses in Shanghai futures prompted fresh selling amid worries about oversupply and slowing economy in top buyer China.
Published 17 Nov, 2017 12:00am
Raw sugar climbs to 5-1/2 months high, cocoa up

Raw sugar climbs to 5-1/2 months high, cocoa up

Raw sugar futures on ICE rose to a 5-1/2 month high on Thursday, jumping above a technical resistance level and buoyed by fund short-covering, though producer selling prevented stronger gains. Cocoa prices edged up. March raw sugar settled up 0.17 cent, o
Published 17 Nov, 2017 12:00am
Gold drops in New York

Gold drops in New York

Gold prices dropped on Wednesday in see-saw trade, first rising to the highest since Oct. 20, then sliding and hovering near session lows, as the US dollar pared losses. US data showed a rise in retail sales data last month and an uptick in underlying inf
Published 17 Nov, 2017 12:00am
Gold down in Asia

Gold down in Asia

Gold edged lower in Asian on Thursday as upbeat US economic data bolstered the possibility of the Federal Reserve raising interest rates next month and beyond. Spot gold was down 0.1 percent at $1,276.95 per ounce at 0746 GMT, slipping from Wednesday's 3-
Published 17 Nov, 2017 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold prices were steady on Thursday as investors weighed the impact of an expected rise in US interest rates against uncertainty over the direction of US fiscal policy. Gold is highly exposed to interest rates and returns on other assets because rising ra
Published 17 Nov, 2017 12:00am
Major Chinese soyabean crusher halts operations at two plants

Major Chinese soyabean crusher halts operations at two plants

Shandong Bohi Industry Co Ltd, a major Chinese soyabean crusher, has suspended operations at two plants because of delays in soyabean imports, sources said on Friday, amid growing worries about tightening supplies due to safety checks at the country's por
Published 17 Nov, 2017 12:00am
US MIDDAY: corn sinks to contract lows

US MIDDAY: corn sinks to contract lows

US corn futures fell to new contract lows for the third straight day on Thursday as lower-than-expected weekly export sales and abundant supplies weighed on the market. Soyabeans also declined on disappointing weekly US Department of Agriculture export sa
Published 17 Nov, 2017 12:00am
LPG cylinder prices go up

LPG cylinder prices go up

Liquefied Petroleum Gas (LPG) companies have increased prices of domestic and commercial cylinder prior to imposition of regulatory duty (RD) on imported LPG, an official of the Ministry of Energy (Petroleum Division) told Business Recorder here on
Published 17 Nov, 2017 12:00am
METRO Cash & Carry ranked as the 'Best Place to Work'

METRO Cash & Carry ranked as the 'Best Place to Work'

Metro Cash & Carry Pakistan (METRO) has been ranked as the 'Best Place to Work' 2017 by Pakistan Society of Human Resource Management (PSHRM), a professional association for HR practitioners, in collaboration with Engage Consulting in two categories namel
Published 17 Nov, 2017 12:00am
Government committed to mainstreaming of Fata: PM

Government committed to mainstreaming of Fata: PM

Prime Minister Shahid Khaqan Abbasi on Thursday said that federal and provincial governments were unanimously committed for mainstreaming of Federally Administered Tribal Areas (FATA) and its merger with Khyber Pukhtunkhwa to ensure its development. Talki
Published 17 Nov, 2017 12:00am
Pakistan condemns Kabul suicide blast

Pakistan condemns Kabul suicide blast

Pakistan strongly condemns the suicide bomb attack in the Afghan capital Kabul this afternoon. We are deeply grieved at the loss of precious lives in this dastardly terrorist attack. We express our deepest sympathies and condolences to the bereaved famili
Published 17 Nov, 2017 12:00am
Overbilling: Pesco chief to be issued show-cause notice

Overbilling: Pesco chief to be issued show-cause notice

Federal Minister for Power Division, Sardar Awais Ahmed Khan Leghari Tuesday directed the officials concerned to issue final warning and show-cause notice to Chief Executive Officer Peshawar Electric Company, Shabbir Ahmed on non-compliance of directions
Published 17 Nov, 2017 12:00am
Non-customs paid mobile phones seized

Non-customs paid mobile phones seized

The anti-smuggling staff of Customs has launched a crackdown at the warehouse of a renowned cellular company and confiscated more over 40,000 non-customs paid mobile phones and accessories worth Rs 600 million. Sources said that the company has caused los
Published 17 Nov, 2017 12:00am
Unapproved textbooks: body formed to deal with presence of hate material

Unapproved textbooks: body formed to deal with presence of hate material

A special committee constituted on the directions of the Chief Minister Punjab Muhammad Shehbaz Sharif with Provincial Schools Education Minister Rana Mashhood Ahmad Khan in the chair to deal with the issue of the presence of hate material in unapproved t
Published 17 Nov, 2017 12:00am
Denmark keen to enhance bilateral trade: envoy
Exchange

Denmark keen to enhance bilateral trade: envoy

Denmark Ambassador to Pakistan Rolf Michael Hay Pereira Holmboe has said that Denmark government keen to enhance bilateral trade relations with Pakistan in different sectors including textile and knitwear. Addressing the members of Pakistan Hosiery Manufa
Published 17 Nov, 2017 12:00am
India using Afghan soil for terrorism in Balochistan: Ahsan

India using Afghan soil for terrorism in Balochistan: Ahsan

Interior Minister Ahsan Iqbal said on Thursday that India is using Afghan soil for terrorism in Balochistan. While talking to the media after addressing 24th convocation of the University of Engineering and Technology (UET), Ahsan Iqbal said that terror i
Published 17 Nov, 2017 12:00am
PFA seals six eateries, fines four food outlets

PFA seals six eateries, fines four food outlets

Punjab Food Authority (PFA) has sealed six eateries and discarded hundreds of kilograms of food items over adulteration and unhygienic arrangements during examining the quality of food in order to ensure the PFA food standards here on Thursday. Also, Rs 1
Published 17 Nov, 2017 12:00am
World must be apprised of India's acts of terrorism: Siraj

World must be apprised of India's acts of terrorism: Siraj

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the enemy had made Balochistan the centre of its subversive activities but the Pakistan government was keeping RAW agent Kalboshan as a state guest. While talking to different delegati
Published 17 Nov, 2017 12:00am
Central labs to be set up in Lahore, Multan: CM

Central labs to be set up in Lahore, Multan: CM

Punjab Chief Minister Muhammad Shehbaz Sharif on Thursday announced to set up latest central pathology labs in Lahore and Multan; small labs of hospitals will be connected with the central lab through satellite. He was addressing a high-level meeting whic
Published 17 Nov, 2017 12:00am
Prisons department's senior officers flout rules by wearing uniform

Prisons department's senior officers flout rules by wearing uniform

All senior officers of the Punjab Prisons Department up to the rank of superintendents are wearing police uniforms "illegally" as the official dresses are allowed only for the superintendents, deputy superintendents and warders of jails, Business Recor
Published 17 Nov, 2017 12:00am
Gas supply to Lahore increased: SNGPL GM

Gas supply to Lahore increased: SNGPL GM

Sui Northern Gas Pipe Lines Company (SNGPL) Lahore General Manager Qaiser Masood has said that supply of gas to Lahore region has been increased from 160MMCFD to 190MMCFD. While addressing a press conference at his Gulberg Office on Thursday, Qaiser said
Published 17 Nov, 2017 12:00am
Belgium envoy for sector specific steps to improve trade volume
Exchange

Belgium envoy for sector specific steps to improve trade volume

Honorary Consul of Pakistan in Belgium Luc Meurrens has called for sector specific measures to take the two-way trade volume to the desired level. He was speaking at a meeting with the office-bearers of Lahore Chamber of Commerce and Industry, here on Thu
Published 17 Nov, 2017 12:00am
Plea to announce verdict in OLMT case

Plea to announce verdict in OLMT case

The Wattan Party has approached the Supreme Court praying to announce the verdict reserved in a case of Orange Line Metro Train in Lahore without further delay. Barrister Zafarullah Khan of the Watan Party pleaded that the people of city have been facing
Published 17 Nov, 2017 12:00am
UBL Omni, TPL Rupiya and EvantageSoft sign MoU

UBL Omni, TPL Rupiya and EvantageSoft sign MoU

TPL Rupiya, TPL Holdings payment service vertical, has joined hands with UBL Omni and EvantageSoft to introduce cashless payments for its mass transit customers. This will allow passengers of Lahore Transport Company (LTC), a Lahore-based public transit b
Published 17 Nov, 2017 12:00am
ANF seizes 66 kg of drugs, arrests 22 accused

ANF seizes 66 kg of drugs, arrests 22 accused

The Anti-narcotic Force ANF in 20 counter narcotics operations carried out across the country recovered 66 kg drugs and 190 kg Acetone worth Rs 123.4 million in the international market. ANF also arrested 25 drug offenders including 2 foreigners and 3 wo
Published 17 Nov, 2017 12:00am
Baithak School System, Clarient Chemicals sign MoU

Baithak School System, Clarient Chemicals sign MoU

Baithak School System and Clarient Chemicals signed a memorandum of understanding (MoU) to establish a school in Sharafi Ghoth. Andy Walti Regional Head (Middle East and South Asia) Clarient Chemicals and Aamir Sulman Member Advisory of Baithak School Sys
Published 17 Nov, 2017 12:00am
ICAP's CAF exams results announced

ICAP's CAF exams results announced

The Institute of Chartered Accountants of Pakistan announces the result of Certificate in Accounting and Finance (CAF) Examination held in September 2017. 531 candidates have passed the CAF Examinations whereas 4703 students have obtained permanent credit
Published 17 Nov, 2017 12:00am
'The Evolution of Pakistan-Russia Relations'

'The Evolution of Pakistan-Russia Relations'

Strategic Studies Institute Islamabad (SSII) organized a roundtable discussion on "The Evolution of Pakistan-Russia Relations" The guest speaker was Andrew Korybko, a Moscow based American political analyst. According to Korybko the rerouting of global tr
Published 17 Nov, 2017 12:00am
OICCI Business Confidence Index turns positive, stands at 21 percent

OICCI Business Confidence Index turns positive, stands at 21 percent

Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey - Wave 15, which shows that the overall business confidence in Pakistan stands at 21 percent positive, a significant improvement o
Published 17 Nov, 2017 12:00am
MoC directed to probe into financial affairs of PHDEC

MoC directed to probe into financial affairs of PHDEC

A parliamentary panel has directed the Ministry of Commerce to conduct a thorough inquiry into multimillion rupees financial embezzlements in the accounts of Pakistan Horticulture Development and Export Company (PHDEC) from the date of its establishment.
Published 17 Nov, 2017 12:00am
Khattak for expediting BRT project's pace of work

Khattak for expediting BRT project's pace of work

KP Chief Minister Pervez Khattak while presiding over a meeting to review progress on the Bus Rapid Transit project Peshawar has directed for accelerated work on the project. The meeting focused on the pace of progress, smooth vehicular flow, construction
Published 17 Nov, 2017 12:00am
FBR to go after non-filers for broadening tax base: Haroon

FBR to go after non-filers for broadening tax base: Haroon

Special Assistant to Prime Minister on Revenue Haroon Khan has said the FBR has been making concerted efforts for the broadening of tax base and the focus has shifted from burdening the existing taxpayers to finding new taxpayers. "All our energies are no
Published 17 Nov, 2017 12:00am
Senate body asks CDA to curb violations of building laws

Senate body asks CDA to curb violations of building laws

A parliamentary body on Thursday expressed serious annoyance over non-implementation of building codes and civic regulations in sectors H-13 and E-11 as well as other private areas and asked Capital Development Authority (CDA) to submit a detailed report
Published 17 Nov, 2017 12:00am
PU to launch online learning system at IER

PU to launch online learning system at IER

Punjab University Vice Chancellor Professor Dr Zafar Moeen Nasir has said that the administration had aimed at introducing latest IT-based learning management system in all the academic departments of the university and now this system will be launched at
Published 17 Nov, 2017 12:00am
Jhagra lauds performance of Garrison Cadet College

Jhagra lauds performance of Garrison Cadet College

Khyber Pakhtunkhwa Governor, Iqbal Zafar Jhagra has appreciated the performance of the Garrison Cadet College, Kohat and said that a goal oriented education is the only barometer to gauge the altitude of any nation's progress and he is delighted to know t
Published 17 Nov, 2017 12:00am
JWSDF launches training programme for journalists

JWSDF launches training programme for journalists

Journalists Welfare, Safety and Development Foundation (JWSDF) here on Thursday formally launched a capacity training programme for journalists of Khyber Pakhtunkhwa and Fata. KP Secretary Information Qaiser Alam Khan was the chief guest in the launching
Published 17 Nov, 2017 12:00am
25 years of uplift work of Islamic Relief Pakistan marked

25 years of uplift work of Islamic Relief Pakistan marked

An evening celebrating 25 years of development and humanitarian work that Islamic Relief Pakistan has carried out took place at Serena Hotel, Islamabad in which Federal Minister for States and Frontier Regions (SAFRON), Lieutenant General Abdul Quadir Bal
Published 17 Nov, 2017 12:00am
USC slashes pulses' prices

USC slashes pulses' prices

The Utility Stores Corporation (USC) of Pakistan (Pvt) Limited has announced slashing the prices of different pulses from Rs 5 to Rs 50 per Kg countrywide, which included dal chana, moong, masoor, mash and kala chana. The spokesman said the Utility Stores
Published 17 Nov, 2017 12:00am
ARL holds maintenance and operation conference

ARL holds maintenance and operation conference

The 3rd Plant Maintenance and Operation Conference -ARMOC-2017 was organized by Attock Refinery Limited (ARL), at Rawalpindi. Imminent speakers and participants from widely diverse fields attended the event. The aim of this conference was to provide an op
Published 17 Nov, 2017 12:00am
Pakistan not meeting education financing benchmark: GEM report
Exchange

Pakistan not meeting education financing benchmark: GEM report

Pakistan is spending 2.6 percent of the GDP on education compared to 7.4 percent of the GDP by Bhutan, 5.2 percent by Maldives, 3.8 percent by India, 3.7 percent by Nepal, 3.3 percent by Afghanistan, 2.2 percent by Sri Lanka and 1.9 percent by Bangladesh,
Published 17 Nov, 2017 12:00am
IBA-CIEF training Programmes

IBA-CIEF training Programmes

The Centre for Excellence in Islamic Finance (IBA-CEIF) has announced two trainings. The first one-day training on the "Cases Development in Islamic Finance" will be held in collaboration with CEIF, IMSciences on November 28, 2017. According to IBA CEIF t
Published 17 Nov, 2017 12:00am
IBA holds seminar on promoting quality culture in education institutions

IBA holds seminar on promoting quality culture in education institutions

Quality Enhancement Cell of IBA Karachi organized a seminar on "Identification and Prioritization of Critical Issues and Challenges in Promoting the True Quality Culture in Higher Education Institutions" followed by a panel discussion. The seminar was att
Published 17 Nov, 2017 12:00am
Zakaria asks KCCI to identify fine quality exportable goods

Zakaria asks KCCI to identify fine quality exportable goods

Pakistan's High Commissioner to Malaysia, Muhammad Nafees Zakaria has called for export of the finest quality goods because these products represent Pakistan abroad. Speaking at a meeting of Karachi Chamber of Commerce & Industry (KCCI), he said Pakistani
Published 17 Nov, 2017 12:00am
MSA arrests 23 Indian fishermen, seizes six boats

MSA arrests 23 Indian fishermen, seizes six boats

The Pakistan Maritime Security Agency (PMSA) on Thursday arrested 23 Indian fishermen for fishing illegally in Pakistani territorial waters. An official of PMSA said that the Indian fishermen were arrested for violating territorial waters and their six fi
Published 17 Nov, 2017 12:00am
Cold, dry weather forecast for next 24 hours

Cold, dry weather forecast for next 24 hours

The Met Office on Thursday forecast cold and dry weather in the next 24 hours, as temperature fall continues to chill parts of the country. Over the past 24 hours, temperature dropped to minus four degrees Celsius in Kalat, minus two in Skardu, minus one
Published 17 Nov, 2017 12:00am
PSP leader voices conern over acts of terrorism in Balochistan

PSP leader voices conern over acts of terrorism in Balochistan

Pak Sarzameen Party (PSP) leader Raza Haroon on Thursday said that the Khan of Kalat recently held a meeting with the founder of the Muttahida Qaumi Movement at the party's international secretariat in London. Addressing a press conference, Raza Haroon sa
Published 17 Nov, 2017 12:00am
Plea to extend e-filing date

Plea to extend e-filing date

Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the date of e-filing of corporate returns and statement till November 30, 2017. In a letter sent to the chairman FBR, the KTBA said that they were facing severe
Published 17 Nov, 2017 12:00am
Zubair launches project for supplying gas to 100 villages

Zubair launches project for supplying gas to 100 villages

The current PML-N government is determined to provide all basic amenities to the people of Sindh in order to help improve their standard of living and remove a sense of deprivation from their lives. This was stated by Governor Sindh, Mohammad Zubair durin
Published 17 Nov, 2017 12:00am
Murad urges Azerbaijan's businessmen to invest in energy sector

Murad urges Azerbaijan's businessmen to invest in energy sector

Sindh Chief Minister Syed Murad Ali Shah invited Azerbaijan's businessmen and industrialists to take initiative and invest in Sindh's alternative energy projects which offer a good scope and returns. "The Thar coal and various fissile fuel energy projects
Published 17 Nov, 2017 12:00am
Isra University holds fourth Job & Trade Fair 2017

Isra University holds fourth Job & Trade Fair 2017

Career Development Centre (CDC) under the Office of Research, Innovation & Commercialization (ORIC) organized 4th Job & Trade Fair 2017 at Isra University, Hyderabad. The event was held on Thursday, where more than 60 companies from various sectors includ
Published 17 Nov, 2017 12:00am
International moot on ICTD begins at ITU

International moot on ICTD begins at ITU

The first day of the 9th International Conference on Information & Communication Technologies for Development (ICTD) Pakistan 2017, which opened under the auspices of Information Technology University (ITU), at Lahore on Thursday conducted four sessions p
Published 17 Nov, 2017 12:00am
Smog kills more people than militancy

Smog kills more people than militancy

The toxic smog that has covered parts of country for weeks has exposed official torpor over rampant pollution that has killed thousands more people than have died in years of militancy. The polluted air that has lingered in Islamabad in recent days was fi
Published 17 Nov, 2017 12:00am
NBP organizes beach cleaning drive

NBP organizes beach cleaning drive

National Bank of Pakistan (NBP) recently carried out a beach cleaning activity at the Sea View beach in Karachi. Sea View is one of Karachi's most frequented beaches, with thousands of visitors every day, which also results in littering along the scenic c
Published 17 Nov, 2017 12:00am
Is PM a 'monarch', asks MQM-P chief

Is PM a 'monarch', asks MQM-P chief

Muttahida Qaumi Movement-Pakistan (MQM-P) chief Dr Farooq Sattar had to face an embarrassing situation in the Parliament House when a security person stopped him from heading towards the Prime Minister's Chamber. The security man told Dr Sattar that they
Published 17 Nov, 2017 12:00am
Students are country's great assets: CM

Students are country's great assets: CM

Punjab Chief Minister Shahbaz Sharif has said that students are the great asset of any country and provision of quality educational facilities is their fundamental right. In his message on the International Students' Day, the Chief Minister said that stud
Published 17 Nov, 2017 12:00am
PCJCCI urges businessmen to take steps for promoting Pakistan products

PCJCCI urges businessmen to take steps for promoting Pakistan products

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President SM Naveed has urged the business community to take supportive measures to promote Pakistani products through international trade fairs and exhibitions. He was speaking at the Internationa
Published 17 Nov, 2017 12:00am
'Heavy groundwater pumping a serious threat to agriculture sector'

'Heavy groundwater pumping a serious threat to agriculture sector'

The quality of groundwater is deteriorating with each passing month due to heavy pumping, and industrial effluent, causing outbreak of various diseases in the country. It was discussed at the meeting of University of Agriculture Faisalabad(UAF) Vice Chanc
Published 17 Nov, 2017 12:00am
OPC asked not to interfare in sub judice matters

OPC asked not to interfare in sub judice matters

The Lahore High Court on Thursday restrained Punjab Overseas Pakistani Commission from interfering in civil and criminal nature cases pertained to property disputes. Hearing some identical petitions against the alleged illegal proceedings of the overseas
Published 17 Nov, 2017 12:00am
Senate body irked over non-observance of Balochistan's job quota

Senate body irked over non-observance of Balochistan's job quota

A parliamentary panel on Thursday expressed displeasure over non-observance of job quota allotted to Balochistan in the Ministry of Information and Broadcasting's attached departments and sought details of the recent recruitments. The Senate Standing Comm
Published 17 Nov, 2017 12:00am
PAMA resents RD on vehicles, air-conditioning items

PAMA resents RD on vehicles, air-conditioning items

Pakistan Automotive Manufacturers Association (PAMA) has expressed resentment over Regulatory Duty (RD) on vehicles' air-conditioning items. In a letter to the chairman FBR, the PAMA said that RD imposed through SRO-1035(1)/2017 on certain items - protect
Published 17 Nov, 2017 12:00am
Pakistan to work proactively with fellow SCO-member states: minister

Pakistan to work proactively with fellow SCO-member states: minister

Minister for Commerce and Textile of Pakistan Pervaiz Malik had visited Moscow from 13 to 16 November 2017 to attend the 16th Meeting of Ministers of SCO Member States responsible for Foreign Economic and Foreign Trade Activity. He was accompanied by MNA
Published 17 Nov, 2017 12:00am
Marriot Islamabad disputes CDA's action

Marriot Islamabad disputes CDA's action

We strongly dispute the action by Capital Development Authority at Islamabad Marriott owing to security issues and serious threats that Islamabad Marriot Hotel, and many other hotels in Pakistan face. Security measures are in place in coordination with th
Published 17 Nov, 2017 12:00am
JI leader asks politicians to help resolve political crisis

JI leader asks politicians to help resolve political crisis

Secretary General, Jamaat e Islami, Liaqat Baloch, has said that the armed forces, the security institutions and the masses had offered unparalleled sacrifices against terrorism and now it was the turn of the politicians to prove their merit in overcoming
Published 17 Nov, 2017 12:00am
JWG on industrial cooperation to meet on 21st November

JWG on industrial cooperation to meet on 21st November

The 7th meeting of Joint Working Group (JWG) on Industrial Cooperation under the China-Pakistan Economic Corridor (CPEC) has been scheduled for November 21 in Islamabad. According to the Board of Investment (BOI), Chinese experts from National Development
Published 17 Nov, 2017 12:00am
MT tragedy proceedings begin in ATC

MT tragedy proceedings begin in ATC

Trial of Model Town tragedy, 17th June 2014 in which 14 persons were killed and dozens injured, formally began in the Anti-Terrorism Court No, 2 Lahore on the private complaint of Pakistan Awami Tehrik (PAT) and the bereaved families on Thursday. On the o
Published 17 Nov, 2017 12:00am
Call for more provinces, greater autonomy

Call for more provinces, greater autonomy

Social activist Mehfooz-un-Nabi Khan said on Thursday the cultural identities exist in numerous parts of Pakistan and should be allowed a "just share" in provincial autonomy. Addressing as keynote speaker at the Karachi Press Club, he said that since the
Published 17 Nov, 2017 12:00am
FTA finalization: Pakistan, Iran to hold talks on November 21
Exchange

FTA finalization: Pakistan, Iran to hold talks on November 21

Pakistan and Iran are to hold talks on November 21-22, 2017 on finalization of Free Trade Agreement (FTA) and find ways to open banking channels, remove NTBs, and not to understate export and import figures well informed sources told Business Recorder.
Published 17 Nov, 2017 12:00am
Pir Hasnat meets Shahbaz

Pir Hasnat meets Shahbaz

Minister of State for Religious Affairs and Interfaith Harmony Pir Amin-ul-Hasnat called on the Punjab Chief Minister Muhammad Shahbaz Sharif, here Thursday and discussed matters of mutual interest, as well as promotion of interfaith harmony. On the occas
Published 17 Nov, 2017 12:00am
Zong 4G announces free WhatsApp offer

Zong 4G announces free WhatsApp offer

Zong 4G has announced new offer for its data users. Customers can now enjoy unlimited access to world's largest connectivity platform, WhatsApp, at Pakistan's largest data network, Zong 4G, for absolutely no charge. Powered by the fastest 4G network in th
Published 17 Nov, 2017 12:00am
Dr Asim allowed to go abroad for medical treatment

Dr Asim allowed to go abroad for medical treatment

Supreme Court Thursday allowed Pakistan People Party leader Dr Asim Hussain to visit abroad for medical treatment while issuing directives to the concerned authorities to remove his name from Exit Control List (ECL). A two-member bench comprising Justice
Published 17 Nov, 2017 12:00am
Pakistan Pavilion steals show at ADIPEC 2017

Pakistan Pavilion steals show at ADIPEC 2017

The Pakistan Pavilion at Abu Dhabi International Petroleum Exhibition and Conference or ADIPEC 2017, one of the world's most influential events for the oil and gas industry is the hub of activity of the 4-day mega exhibition-cum-conference, was quite extr
Published 17 Nov, 2017 12:00am
Rehabilitation of released prisoners through proper legislation urged

Rehabilitation of released prisoners through proper legislation urged

The Senate Standing Committee on Human Rights on Thursday called for a holistic legislation for rehabilitation of those Pakistani who have been released from Guantanamo Bay like prisons and tasked National Commission on Human Rights and Law and Foreign Af
Published 17 Nov, 2017 12:00am
Nature's revenge

Nature's revenge

How ironic it is that US president Donald Trump has doubts about the fact that man-made emissions are the main cause of rising global temperatures. This Doubting Thomas has certainly jeopardized the prospects of global talks. The UN Secretary General Anto
Published 17 Nov, 2017 12:00am
The latest drug of young millennials

The latest drug of young millennials

The millennials' dilemma is their growing addiction to technology from electronic gadgets to what are called smart phones. From toddlers to teenagers, student to executive, man or woman, everyone seems addicted to gadgets. Then there is the social media,
Published 17 Nov, 2017 12:00am
A feudal electoral system

A feudal electoral system

The Magna Carta, or the "Charter of Liberties", limiting the King's power and strengthening the rights of nobles was agreed to by King John at Runnymede near London on June 15, 1215. Brokered by the Archbishop of Canterbury and meant to rein in rebellious
Published 17 Nov, 2017 12:00am
Ailing economy, absconding FM
Currency

Ailing economy, absconding FM

In the absence of self-acclaimed genius Finance Minister, reportedly under treatment in London for heart ailment after being indicted for amassing wealth beyond means, who will fix the economic ailments of Pakistan? A reply to this question lies with Prim
Published 17 Nov, 2017 12:00am
Withering writ of the state

Withering writ of the state

For over a week now, some two to three thousand protestors of the Tehreek Labaik Ya Rasool Allah (TLYRA) have blocked traffic between Islamabad and Rawalpindi through a sit-in protest at Faizabad Interchange. This has made the lives of the residents and c
Published 17 Nov, 2017 12:00am
Widening trade deficit
Exchange

Widening trade deficit

The latest news on the trade account of the country is simply frightening. According to the data released by the Pakistan Bureau of Statistics (PBS) on 13th November, 2017, trade deficit of the country jumped to dollar 12.129 billion during July-October,
Updated 17 Nov, 2017 07:17am
Mugabe refuses to stand down in talks with military

Mugabe refuses to stand down in talks with military

Zimbabwean President Robert Mugabe, the world's oldest head of state, refused to resign during a crunch meeting Thursday with military generals who have seized control of the country. The talks in Harare came after tumultuous days in which soldiers blocka
Published 17 Nov, 2017 12:00am
Mugabe refuses to stand down in talks with military

Mugabe refuses to stand down in talks with military

Zimbabwean President Robert Mugabe, the world's oldest head of state, refused to resign during a crunch meeting Thursday with military generals who have seized control of the country. The talks in Harare came after tumultuous days in which soldiers blocka
Published 17 Nov, 2017 12:00am
Forex reserves down $217 million
Exchange

Forex reserves down $217 million

The country''s liquid foreign exchange reserves maintained downward trend during last week due to external debt servicing. According to the State Bank of Pakistan (SBP), Pakistan''s total liquid foreign exchange reserves posted a decline of $217 million d
Published 17 Nov, 2017 12:00am
Forex reserves down $217 million
Exchange

Forex reserves down $217 million

The country's liquid foreign exchange reserves maintained downward trend during last week due to external debt servicing. According to the State Bank of Pakistan (SBP), Pakistan's total liquid foreign exchange reserves posted a decline of $217 million dur
Published 17 Nov, 2017 12:00am
Forex reserves down $217 million
Exchange

Forex reserves down $217 million

The country's liquid foreign exchange reserves maintained downward trend during last week due to external debt servicing. According to the State Bank of Pakistan (SBP), Pakistan's total liquid foreign exchange reserves posted a decline of $217 million dur
Published 17 Nov, 2017 12:00am
Israel ready to cooperate with Saudi Arabia to face Iran
Exchange

Israel ready to cooperate with Saudi Arabia to face Iran

Israel's military chief of staff said in an interview Thursday that his country was prepared to cooperate with Saudi Arabia to face Iran's plans "to control the Middle East." "We are ready to exchange experience with the moderate Arab countries and exchan
Published 17 Nov, 2017 12:00am
Israel ready to cooperate with Saudi Arabia to face Iran
Exchange

Israel ready to cooperate with Saudi Arabia to face Iran

Israel's military chief of staff said in an interview Thursday that his country was prepared to cooperate with Saudi Arabia to face Iran's plans "to control the Middle East." "We are ready to exchange experience with the moderate Arab countries and exchan
Published 17 Nov, 2017 12:00am
Fertilizer industry approaches PM to get subsidy released

Fertilizer industry approaches PM to get subsidy released

The country''s fertilizer industry has reportedly knocked at the Prime Minister''s door to get the subsidy on urea sold to farmers released, well informed sources told Business Recorder. "The new Secretary Ministry of National Food Security and Res
Published 17 Nov, 2017 12:00am
Fertilizer industry approaches PM to get subsidy released

Fertilizer industry approaches PM to get subsidy released

The country's fertilizer industry has reportedly knocked at the Prime Minister's door to get the subsidy on urea sold to farmers released, well informed sources told Business Recorder. "The new Secretary Ministry of National Food Security and Resea
Published 17 Nov, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (November 16, 2017) and the forecast for Friday (November 17, 2017).

Published 17 Nov, 2017 12:00am
Fertilizer industry approaches PM to get subsidy released

Fertilizer industry approaches PM to get subsidy released

The country's fertilizer industry has reportedly knocked at the Prime Minister's door to get the subsidy on urea sold to farmers released, well informed sources told Business Recorder. "The new Secretary Ministry of National Food Security and Resea
Published 17 Nov, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 16, 2017).

Published 17 Nov, 2017 12:00am
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