News Archives for Print - 2018-01-11

Print - 2018-01-11

Muguruza pulls out of Sydney International after win

Spain's world number three Garbine Muguruza was forced out of the Sydney International with an injury following her win over Kiki Bertens on Wednesday.

Published 11 Jan, 2018 12:00am

ZTBL earn victory in Royal Marketing Pakistan Polo

Saqib Khan Khakwani steered Zarai Taraqiati Bank Limited (ZTBL) to a hard-fought 4-3 victory over Olympia Chemical in the Royal Marketing Pakistan Polo Cup 2018 match played here at the Lahore Polo Club (LPC) ground on Wednesday. Saqib Khakwani turned out

Published 11 Jan, 2018 12:00am

Shehzad in, Kamran ignored for New Zealand Twenty20

Pakistan Wednesday recalled Ahmed Shehzad for their three-match Twenty20 series against New Zealand later this month, but selectors ignored Kamran Akmal despite his recent form in domestic matches. The 26-year-old Shehzad was dropped for the third and fin

Published 11 Jan, 2018 12:00am

Sarkozy associate granted bail

An associate of French politician Nicolas Sarkozy was granted bail on Wednesday by a British court, after his arrest on charges linked to a probe into financing the ex-president's election campaign. French businessman Alexandre Djouhri appeared at a Londo

Published 11 Jan, 2018 12:00am

Turkey tensions with Iran, Russia mount ahead of Syria meet

Turkey on Wednesday warned Iran and Russia to make their Syrian regime ally stop bombing the rebel-held northern Idlib province, as tensions mounted ahead of mooted peace talks later this month. Ankara has been working closely with Russia and Iran to end

Published 11 Jan, 2018 12:00am

UK army seeks recruits by offering emotional support

The British Army launched a campaign Wednesday highlighting the emotional support available to new recruits as it seeks to address falling soldier numbers - but drew accusations of political correctness. Short films entitled "What if I get emotional in th

Published 11 Jan, 2018 12:00am

Head of powerful Muslim brotherhood dies in Senegal

The head of the influential Mouride brotherhood of Muslims in West Africa has died, Senegalese media reported on Wednesday. Around 95 percent of Senegal's population is Muslim and most men join Sufi brotherhoods that combine Islam with distinctive local b

Published 11 Jan, 2018 12:00am

New Iran drug law saves thousands from the noose

Thousands on death row for drug crimes in Iran will escape hanging as a new softened anti-narcotics law is enforced, local media reported on Wednesday. Judiciary chief Ayatollah Sadegh Larijani on Tuesday ordered judges to halt death sentences for concern

Published 11 Jan, 2018 12:00am

Greece makes Shariah law optional for Muslims

The Greek parliament on Tuesday made the practice of Islamic Shariah law in family disputes optional for the country's Muslim minority, changing a century-old legacy. Greece's leftist Prime Minister Alexis Tsipras immediately called the vote an "historic

Published 11 Jan, 2018 12:00am

Myanmar police charge Reuters reporters under Official Secrets Act

Two Reuters journalists were formally charged by police in a Myanmar court Wednesday with breaching a colonial-era secrecy law that carries up to 14 years in jail, provoking a barrage of calls for their immediate release. Myanmar nationals Wa Lone, 31, an

Published 11 Jan, 2018 12:00am

Somaliland MPs adopt first ever rape law

Lawmakers in the breakaway state of Somaliland have for the first time adopted a law criminalising rape, in what has been hailed as a "victory for women" in the conservative Muslim region. "This law is the most useful ever passed in Somaliland and it will

Published 11 Jan, 2018 12:00am

Iran slams US lawmakers' support for anti-regime protests

Iran lashed out at the US House of Representatives on Wednesday after lawmakers adopted a resolution supporting recent anti-government protests in the Islamic republic. Foreign ministry spokesman Bahram Ghasemi "strongly condemned" what he called "interfe

Published 11 Jan, 2018 12:00am

Berkshire edges towards naming successor to Buffett

Berkshire Hathaway announced a first move towards naming a successor to long-time chief executive Warren Buffett as it added two top executives to its board of directors Wednesday. The 87-year-old billionaire, who has been at the helm since 1970, describe

Published 11 Jan, 2018 12:00am

Exchange

US envoy clashes with Dutch reporters in 'no-go areas' row

The new US ambassador to the Netherlands refused on Wednesday to explain his 2015 comments that Muslims had brought chaos to the country "burning cars and politicians", as he took up his post. "I've made my statement about that. I've expressed my regrets

Published 11 Jan, 2018 12:00am

Ethiopia bans foreign adoptions

Ethiopia's parliament has passed a law banning the adoption of Ethiopian children by foreigners, a government spokesman and diplomats told AFP on Wednesday. The vote follows an April moratorium on foreign adoptions issued by Ethiopia's government which le

Published 11 Jan, 2018 12:00am

California mudslides death toll reaches 15

The death toll from devastating mudslides unleashed by a ferocious storm in southern California rose to 15 Wednesday as rescuers scoured the debris of demolished homes for survivors and bodies. A rainstorm sent rivers of waist-high mud and debris flowing

Published 11 Jan, 2018 12:00am

US revamps travel warning system, ranks countries

The United States unveiled a way to warn its citizens about the dangers of foreign travel Wednesday, with a four-point safety ranking system for countries and an interactive world map. Ten war zones and failed states are ranked Level Four, "Do Not Travel"

Published 11 Jan, 2018 12:00am

Cotton

Cotton futures gain on mill purchases

ICE cotton futures edged higher on Tuesday to settle up for the second straight session, supported by buying from the mills. The most active ICE cotton contract for March expiry settled up 0.21 cent, or 0.27 percent, at 78.35 cents per lb. It traded withi

Published 11 Jan, 2018 12:00am

Exchange

Shanghai copper flat

Shanghai Futures Exchange copper was flat at 54,800 yuan ($8,402) a tonne on Wednesday, having found support at the 100-day moving average of 53,180 yuan a tonne. ShFE nickel rose to its highest in nearly two months at 100,900 yuan a tonne. A trader said

Published 11 Jan, 2018 12:00am

Exchange

Nickel rises to 2-1/2 years high, copper up

Nickel broke through key technical levels to reach its highest since 2015 on Wednesday as a sharply weaker dollar helped push dollar-denominated industrial metals broadly higher by making them cheaper for users of other currencies. "The whole industrial m

Published 11 Jan, 2018 12:00am

US crude inventory fall buoys oil, worries about rally persist

Crude oil prices rose but backed away from three-year highs on Wednesday after US government data showed an increase in fuel inventories and a falloff in refining activity. US crude inventories fell 4.9 million barrels last week, more than the 3.9-million

Published 11 Jan, 2018 12:00am

Exchange

Tokyo rubber climbs

Benchmark Tokyo rubber futures hit their highest in nearly two weeks on Wednesday on the back of oil's rise to the highest since 2014, before paring gains on the yen's advance against the dollar and sluggish Shanghai futures, brokers said. Rubber prices h

Published 11 Jan, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 11 Jan, 2018 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

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

Published 11 Jan, 2018 12:00am

Vegetable Oil

Palm oil up nearly 1 percent on stronger export data

Malaysian palm oil futures rose nearly 1 percent on Wednesday, rebounding from a sharp drop in the previous session, as strong export data from a cargo surveyor supported market gains. Palm oil was up earlier on a weaker ringgit and gains in crude oil pri

Published 11 Jan, 2018 12:00am

New York cocoa climbs to one-month high, sugar slips

New York cocoa futures rose to a one-month high on Wednesday, boosted partially by expectations that upcoming fourth quarter grind data will provide further evidence that demand is beginning to increase. March New York cocoa settled up $42, or 2.2 percent

Published 11 Jan, 2018 12:00am

Exchange

Gold drifts lower in New York

Gold edged lower on Tuesday, weighed down by a stronger US dollar on the back of concerns about political uncertainty in Europe, while a buoyant stock market also drained enthusiasm for bullion. Palladium, meanwhile, recorded its third record high so far

Published 11 Jan, 2018 12:00am

Gold down in Asia

Gold prices edged down on Wednesday as a surge in US treasury yields and an ongoing rally in equities dented the precious metal's safe-haven appeal. Spot gold was down 0.2 percent at $1,310.16 an ounce by 0708 GMT. It declined 0.6 percent on Tuesday, in i

Published 11 Jan, 2018 12:00am

Exchange

Gold jumps in Europe

Gold jumped to its highest in nearly four months on Wednesday as a report that Chinese officials had recommended slowing or halting US Treasury purchases sparked a broad-based drop in the dollar, lifting assets priced in the US currency. The dollar, alrea

Published 11 Jan, 2018 12:00am

Brazil's Mato Grosso kicks off good soya harvest

Early harvesting in Brazil's Mato Grosso state indicates soya producers had a good start to the year, growers association Aprosoja told Reuters on Friday. Work began in the regions of Sinop, Sapezal and Primavera do Leste, said Aprosoja head Antonio Galva

Published 11 Jan, 2018 12:00am

US MIDDAY: gold jumps

Gold rose on Wednesday, hitting its highest in nearly four months as the dollar swooned after a report that Chinese officials had recommended slowing or halting purchases of US Treasury securities. The dollar, already under pressure versus the Japanese ye

Published 11 Jan, 2018 12:00am

Exchange

'Nominal rate of return' remains unchanged: SECP

The Securities and Exchange Commission of Pakistan (SECP) Wednesday conveyed to the insurance sector that no change has been made in the nominal rate of return and inflation adjusted rate of return during 2018 to demonstrate projected benefits to potentia

Published 11 Jan, 2018 12:00am

US firm to invest in mining, IT

A leading US-based company has shown interest for investment in Pakistan in the wake of opportunities offered by the China-Pakistan Economic Corridor (CPEC). A high-level eight-member delegation of the US-based international company, World Technological &

Published 11 Jan, 2018 12:00am

LHC ruling: IR commissioners can neither issue show-cause, nor assessment order

The Lahore High Court has held that deputy commissioner and assistant commissioner of Inland Revenue can neither issue show-cause notice under section 11 of the Sales Tax Act, 1990 nor pass assessment order against the taxpayers. According to a judgment o

Published 11 Jan, 2018 12:00am

Mutual Funds

Archroma Pakistan Limited

Archroma Pakistan Limited (PSX: ARPL) is primarily engaged in the manufacture and sale of chemicals, dyestuffs and emulsions. It also acts as an indenting agent and has a production site at Jamshoro which produces liquid indigo for the denim industry. ARP

Published 11 Jan, 2018 12:00am

Mutual Funds

Archroma Pakistan Limited

Published 11 Jan, 2018 12:00am

Judicious use of fertilizer stressed

Agri Scientists and Experts have observed that country can save billions of rupees by ensuring balanced usage of fertilizer that will also overcome decreasing soil fertility. It was discussed at a meeting of fertilizer model experts and soil fertility mod

Published 11 Jan, 2018 12:00am

Exchange

Narcotics worth Rs 387 million seized

The Anti Narcotics Force seized 286 Kg narcotics valuing Rs 387 million; arrested 28 persons including an Afghani National & a Nigerian women involved in drug smuggling and impounded 7 vehicles in 28 counter-narcotics strikes across the country. According

Published 11 Jan, 2018 12:00am

Raiwind hospital's extension project inaugurated

Punjab Chief Minister Muhammad Shahbaz Sharif, while inaugurating the extension project of THQ Hospital Raiwind, on Wednesday, warned the political jugglers to refrain from their designs of befooling the nation, otherwise, they will be held accountable an

Published 11 Jan, 2018 12:00am

Banks to receive Hajj applications from January 15

Director Hajj Saeed Ahmed Malik said the Ministry of Hajj would start receiving Hajj applications from 15th January and the number of banks has been increased to 13 from 10. He said the interested candidates can submit their applications until 24th of Jan

Published 11 Jan, 2018 12:00am

PITB's Tenants Registration System traces 7,532 criminals

Across the Punjab 637,635 tenants have been registered under Punjab Information Technology Board (PITB)'s Tenant Registration System (TRS), which has also helped in tracing 7,532 criminal record holders. Records of houses and landowners were available but

Published 11 Jan, 2018 12:00am

JI chief terms killers 'beasts'

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has strongly condemned the brutal murder of an abducted minor girl in Kasur after criminal assault and termed it the worst example of human degradation. In a statement here on Wednesday, he said that such sha

Published 11 Jan, 2018 12:00am

Kasur tragedy: culprits will be punished according to law: minister

Provincial Minister for Human Rights and Minorities Affairs Khalil Tahir Sandhu has condemned the incident of murder of an eight-year-old child/girl in Kasur area. He said that culprits involved in this crime will be punished according to the law. The min

Published 11 Jan, 2018 12:00am

Marble & granite industry: transfer of technology from China stressed

Marble and granite industry of Pakistan can be transformed into a cutting-edge stone industry by adopting Chinese quarrying techniques. Pak China Joint Chamber of Commerce and Industry (PCJCCI) President S M Naveed stated this at a meeting with PCJCCI Chi

Published 11 Jan, 2018 12:00am

APTMA chief for uniform gas price across country

The chairman of All Pakistan Textile Mills Association (APTMA), Aamir Fayyaz has demanded a domestically equal and regionally competitive energy price to revive $4 billion closed capacity and prospective investment of $7 billion to generate $20 billion wo

Published 11 Jan, 2018 12:00am

JAP seeks details of Purple Line Metro Train Project

Chairman Judicial Activism Panel (JAP) Muhammad Azhar Siddique Advocate has dispatched a notice to the heads of the departments concerned of the construction of proposed Purple Line Metro Train in Lahore. The notice has demanded the concerned departments

Published 11 Jan, 2018 12:00am

Elahi slams Nawaz for abusing judiciary

Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Pervez Elahi Wednesday criticized former Prime Minister Nawaz Sharif for abusing the judiciary. While talking to media at his residence here today, Elahi described the molestation and murder of innoc

Published 11 Jan, 2018 12:00am

FPCCI voices concern over FBR's inaction over bank transactions' WHT

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR's inaction on Section 38-B and withholding tax on bank transactions and urged the prime minister to intervene in the matter. FPCCI Vice President & R

Published 11 Jan, 2018 12:00am

Mutual Funds

Al Meezan Investments opens its branch in Site area

Al Meezan Investment Management Limited (Al Meezan Investments) announced the opening of a new branch in SITE, Karachi at Main Estate Avenue, SITE Area, Karachi. The opening of this branch took place on the 21st of December 2017 and is part of Al Meezan's

Published 11 Jan, 2018 12:00am

Exchange

CCL Pharmaceuticals gets Special Merit Export Award

CCL Pharmaceuticals was a proud recipient of the Special Merit Export Award at the 41st Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Export Award ceremony held in Karachi during December 2017. The award aims to recognize distinguished

Published 11 Jan, 2018 12:00am

Chinese language: sixth course to commence from January 15 at FCCI

Sixth Chinese language course will start in Faisalabad Chamber of Commerce & Industry (FCCI) from 15th January 2018. FCCI has arranged this course in collaboration with Pakistan-China Joint Chamber of Commerce & Industry.

Published 11 Jan, 2018 12:00am

Murad vows to help resolve industrialists' issues

Chief Minister Murad Ali Shah assured the industrialists on Wednesday that his government will resolve the issues facing by them. In a visit to the SITE Association of Industry, he also gave the assurance the association would receive grant of funds

Published 11 Jan, 2018 12:00am

PSQCA seizes 222 bottled water plants

Pakistan Standards and Quality Control Authority (PSQCA) has seized as many as 222 bottled drinking water plants operating without the authority's license in different cities during the last six month. Director General PSQCA Engineer Muhammad Khalid Siddi

Published 11 Jan, 2018 12:00am

Uzma Masood's book launched at National Book Foundation

A launching ceremony of book "Dawa-i-Dil" by Uzma Masood, a fiction writer and author of three books was held at National Book Foundation (NBF). The ceremony was presided over by famous poet Iftkhar Arif whereas MD NBF Dr Inamul Haq Javeid and author of b

Published 11 Jan, 2018 12:00am

Sindh MPAs flay killing of girl in Kasur

Opposition MPAs in the Sindh Assembly on Wednesday denounced the rape and murder of a seven-year old girl in the Punjab city of Kasur-with the PPP's Shamim Mumtaz demanding that the government of Chief Minister Shehbaz Sharif provide greater protection to

Published 11 Jan, 2018 12:00am

Martyred officers' brothers recruited

The city police on Wednesday recruited two brothers of deceased officials who embraced martyrdom in a suicide blast near Arfa Kareem Tower last year. In a ceremony arranged at the CCPO office here on Wednesday, Senior Superintendent of Police (SSP) Admin

Published 11 Jan, 2018 12:00am

WorldCall Telecom - on road to revival

Following a major restructuring, exit of previous international sponsors and re-invigorated drive for growth, WorldCall Telecom Ltd. (WTL) highlighted its corporate turnaround credentials to investment participants. Conveying their message to the PSX memb

Published 11 Jan, 2018 12:00am

Development projects: chief minister forms bodies to review pace of work

Chief Minister of Punjab, Shahbaz Sharif has constituted the monitoring committees headed by Provincial Ministers to review the work pace of development projects in the Punjab for ensuring early and timely completion of ongoing uplift schemes of public we

Published 11 Jan, 2018 12:00am

ABL launches Visa payWave credit card

Allied Bank Limited has become the first bank in Pakistan to launch Visa payWave Credit Card, the global payments technology company's contactless payment technology. With Visa payWave technology, Allied Bank Limited Visa credit card holders can simply sh

Published 11 Jan, 2018 12:00am

Killers of minor girl be given exemplary punishment: Bilawal

Chairman of Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Wednesday termed the brutal rape and murder of a 7-year-old girl Zainab in Kasur as shocking and a slap on the face of Sharif brothers, which continues to ignore such ghastly incidents. "T

Published 11 Jan, 2018 12:00am

Documentary on plight of slain journalists' families launched

The government should partner with media organizations to encourage and institutionalize life and health insurances for journalists, emerged as a key recommendation of the Field Study Report and the Documentary 'Surviving the Story', launched here at Nati

Published 11 Jan, 2018 12:00am

Filing of tax returns: FBR offers to help train NBP officials

A team of Facilitation and Taxpayer Education (FATE) Wing of FBR met the top leadership of the National Bank of Pakistan (NBP) in Karachi today as part of FBR's taxpayers' outreach programme started last year to create awareness and understanding of the a

Published 11 Jan, 2018 12:00am

Pak-US tension may flare up Afghan conflict: Chinese media

New tensions between the US and Pakistan will make the Afghan conflict more intense and violent, says Chinese media. Reacting against the suspension aid to Pakistan, the Global Times in an article published on Wednesday stated, the recent move by the US's

Published 11 Jan, 2018 12:00am

Rs 25-30 billion potential target: decision to levy RD on non-essential items not implemented in toto

The Abbasi Administration's decision on 16 October to generate Rs 25 to Rs 30 billion from imposing a regulatory duty on non-essential items to fund the export incentive package has yet to be fully implemented. The government not only decided to impose RD

Published 11 Jan, 2018 12:00am

NCHD chief calls on KP governor

Chairperson of National Commission of Human Development Razina Alam Khan called on Governor Khyber Pakhtunkhwa Iqbal Zafar Jhagra here at Governor's House, here on Wednesday. She apprised the governor about performance and activities of national commissio

Published 11 Jan, 2018 12:00am

Brigade level exercise held at Jalalpur Jattan: ISPR

A brigade level exercise held at Jalalpur Jattan for troops ex Jhelum formation, according to Inter Services Public Relations on Wednesday. The exercise was aimed at enhancing coordination between various components of the formation during the war, the st

Published 11 Jan, 2018 12:00am

Journalist escapes kidnap attempt

A journalist said on Wednesday he had narrowly escaped being kidnapped by armed men, in an incident that came months after he complained of being harassed by the security services. Taha Siddiqui, who reports for France 24 and is the Pakistan bureau chief

Published 11 Jan, 2018 12:00am

LPGDA threatens to suspend import if RD not withdrawn

The LPG importers on Wednesday threatened to suspend import of LPG from February in case the government does not withdraw regulatory duty and advance tax immediately. The government had imposed petroleum levy on locally produced LPG. Meanwhile, the govern

Published 11 Jan, 2018 12:00am

Exchange

Pakistan, Egypt sign MoU in defense field

Pakistan's achievements in successfully countering the menace of terrorism were acknowledged and appreciated in Pakistan-Egypt Military Cooperation Committee (MCC) meeting. An MoU in the field of defense has been signed between Pakistan and Egypt which wi

Published 11 Jan, 2018 12:00am

SaudiGulf Airlines to operate in Pakistan from March

SaudiGulf Airlines, a new national carrier of Saudi Arabia, has announced the start of its operations to four destinations in Pakistan as part of its international route expansion programme from March 1, 2018. Emphasizing on the pivotal role of travel tra

Published 11 Jan, 2018 12:00am

Khattak defends monthly stipends for Pesh Imams

Paying no heed to the protest of some clerics against Rs 10,000 monthly stipends for Pesh Imams of Jamia Mosques, Chief Minister Pervez Khattak on Wednesday defended the decision to this effect and held it in line with Shariat. Addressing a reception arra

Published 11 Jan, 2018 12:00am

PARTLY FACETIOUS: Twitter/Facebook wounds deeper than...

"So many wounds and even though our former Prime Minister Mian Nawaz Sharif says he wants to forget the wounds more are inflicted on him...not fair I say."

Published 11 Jan, 2018 12:00am

Dahar for resolving summer vacations' fee issue

Sindh's minister for education and literacy, Jam Mehtab Hussain Dahar, has directed the director general of private institutions, Dr Mansoob Siddiqui, to settle the matter of private schools' demanding advance recovery of tuition fees for June and July, t

Published 11 Jan, 2018 12:00am

Digital services PTCL 'reaches yet another milestone

Pakistan Telecommunications Company Limited (PTCL) reaches yet another milestone in digital services as it attains Payment Card Industry Data Security Standard (PCIDSS) certification v3.2 for its Infrastructure-As-A-Service (IaaS) offering - PTCL Smart Cl

Published 11 Jan, 2018 12:00am

Automechanika Expo to begin on May 1

The Trade Development Authority of Pakistan will participate with Pakistan pavilion in Automechanika Expo in Dubai, to be held on May1 to 3. TDAP is providing subsidized stalls to increase export of auto parts and systems, tyres and systems, products rela

Published 11 Jan, 2018 12:00am

Prime Minister assures taxes on transfer of properties to be reduced: ABAD

The Association of Builders and Developers of Pakistan (ABAD) Wednesday said Prime Minister Shahid Khaqan Abbasi has assured that the government will reduce federal taxes on transfer of properties and provide all basic amenities for ABAD's Social Housing

Published 11 Jan, 2018 12:00am

Two Chinese nationals held for installing skimming devices

Federal Investigation Agency (FIA) on Wednesday arrested two Chinese nationals while installing skimming devices in an ATM of a private bank in the limits of Artillery Madan police station. According to FIA officials, credible information was being receiv

Published 11 Jan, 2018 12:00am

Cold weather forecast for Quetta and Northern Areas

A very cold weather is expected in northern areas and Quetta Division in the next 24 hours with a fog griping plains of Punjab and Upper Sindh, the Met Office said on Wednesday. Elsewhere in the country, the forecaster said, a cold and dry weather is expe

Published 11 Jan, 2018 12:00am

Opposition won't be part of future government in Balochistan: Wasey

Opposition parties in Balochistan have made it clear that they will not be a part of the new government set-up after Nawab Sanaullah Zehri's resignation as chief minister of the province. "We will not be part of [the] future government", Leader of the Opp

Published 11 Jan, 2018 12:00am

Karachi University notifies fees schedule

The Controller Examinations of Karachi University on Wednesday notified the fees schedule of B.Com Part-1, Part-2 both; and improvement of Division (External Annual Examinations 2017). The candidates may submit the examination forms and fees from 11th Jan

Published 11 Jan, 2018 12:00am

SBP globally-voted best bank for Islamic Finance

State Bank of Pakistan (SBP) has been voted as the best central bank in promoting Islamic Finance by a poll conducted by International Finance News (IFN), an arm of Red Money Agency, Malaysia. SBP has also won this award in 2015. It is worth mentioning th

Published 11 Jan, 2018 12:00am

Expats remittances $9.7 billion in first half

Inflow of workers' remittances posted a slight increase of 2.5 percent during the first half (July-Dec) of this fiscal year (FY18). Overseas Pakistani workers remitted $9.745 billion in the first six months of FY18, compared with $9.505 billion received d

Published 11 Jan, 2018 12:00am

Firing incidents claim two lives

At least two people were killed and several others were injured in separate incidents of firing and other incidents. The police and Rangers arrested 40 suspects during search operations in the metropolis. Police said that armed men of rival group sprayed

Published 11 Jan, 2018 12:00am

Foreign Investors in upbeat mood: OICCI Perception & Investment Survey report presented to Prime Minister

The Managing Committee of the Overseas Investors Chamber of Commerce and Industry (OICCI) met Prime Minister Shahid Khaqan Abbasi and presented to him the results of the Perception and Investment Survey 2017 conducted in November 2017 among the leading 19

Published 11 Jan, 2018 12:00am

Dastgir visits Corps Headquarters Peshawar, Khyber Agency

Minister for Defense Khurram Dastgir visited Corps Headquarters Peshawar and Khyber Agency on Wednesday and lauded the operationaal preparedness of the troops According to Inter-Services Public Relations, the minister was briefed about the security situat

Published 11 Jan, 2018 12:00am

Exchange

Failure in achieving targets: FBR to penalize 250 officers for poor performance

Federal Board of Revenue (FBR) has decided to punish over 250 officers including commissioners, additional commissioners, etc for their worst performance that left the board behind its revenue target during first half of current fiscal year. The FBR, whic

Published 11 Jan, 2018 12:00am

Relocation of three sugar mills of Sharif family: SC seeks response in plea against LHC verdict

Saying that it will not allow financial loss of sugarcane growers of southern Punjab during current crushing season, the Supreme Court on Wednesday sought response from the JDW Sugar Mills' counsel in a farmers' body plea against Lahore High Court verdict

Published 11 Jan, 2018 12:00am

Embezzlement of funds: adjournment motion tabled in Punjab Assembly

Ch Amir Sultan Cheema, PML-Q MPA, tabled an adjournment motion in the Punjab Assembly over the embezzlement of funds in construction of trauma centres in various provincial hospitals. The adjournment motion said the Punjab Employees Social Security offici

Published 11 Jan, 2018 12:00am

PACRA maintains entity ratings of First Habib Modaraba

The ratings reflect FHM's strong business profile emanating from healthy asset base, sound asset quality and sustained profitability. The asset yield has declined; FHM has managed to cushion its impact by rationalizing cost of funding- hence slight diluti

Published 11 Jan, 2018 12:00am

PACRA maintains entity ratings of First Habib Modaraba

Published 11 Jan, 2018 12:00am

Farooq murder case: Interpol formally requested to issue red warrants

The Federal Investigation Agency (FIA) has filed a formal request with the International Criminal Police Organisation (Interpol) for issuing red warrants to arrest three suspects in connection with Muttahida Qaumi Movement (MQM) leader Imran Farooq murder

Published 11 Jan, 2018 12:00am

Exchange

China, Pakistan sign MoU to enhance cooperation

A memorandum of understanding on co-operation between the Foreign Service Academy of the Ministry of Foreign Affairs of Pakistan and China Foreign Affairs University of the Ministry of Foreign Affairs of China was signed in Beijing, the Chinese media repo

Published 11 Jan, 2018 12:00am

Senate body approves bill for setting up University

The Senate Standing Committee on Science and Technology on Wednesday approved "The National University of Technology Bill, 2017" to establish the university, first of its kind, with the Chief of Army Staff shall be the ex officio chairman of the board of

Published 11 Jan, 2018 12:00am

Malfeasance in medicines' purchase irks Senate body

The Senate Standing Committee on Cabinet Secretariat has expressed serious concern over irregularities and embezzlements committed in the purchase of substandard medicines from pharmaceutical companies for patients of Pakistan Institute of Medical Science

Published 11 Jan, 2018 12:00am

Exchange

British envoy for Pak-Afghan positive ties

British Ambassador to Afghanistan Nicholas Kay has urged Pakistan and Afghanistan to establish a constructive relationship for the regional peace and stability. In a statement here on Wednesday, the British High Commission stated that Ambassador Nicholas

Published 11 Jan, 2018 12:00am

PN moot concludes: CNS briefed about various navel projects

Command and Staff Conference of Pakistan Navy concluded on Wednesday after reviewing matters related to operational preparedness, developmental plans of Pakistan Navy, prevailing security situation and training/welfare of troops. The Conference was chaire

Published 11 Jan, 2018 12:00am

Kasur's gory incident: PTI lashes out at Punjab government's failure to nab culprits

In wake of brutal rape and murder of an eight-year-old girl in Kasur district, Pakistan Tehreek-e-Insaf (PTI) on Wednesday lambasted the provincial government of Punjab for its failure to nab the culprits. Speaking at a press conference, PTI MNAs Shireen

Published 11 Jan, 2018 12:00am

Military aid not cut-off, just suspended: US

The United States on Tuesday made its stand clear that the aid to Pakistan has only been suspended not cut-off, as it wanted the country to take an aggressive approach in eliminating terrorism. "The US would like Pakistan to come to the table and assist u

Published 11 Jan, 2018 12:00am

Imran to visit Kasur today

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan will visit Kasur today (Thursday) where he would go to the residence of deceased Zainab who was murdered, while he would also meet the families of Shoaib and Faizan who have lost their lives after police

Published 11 Jan, 2018 12:00am

Girl's killing in Kasur: SC seeks report from Punjab government

Supreme Court Wednesday sought report from Punjab police chief by today (Thursday) over heinous act of rape and murder of a minor girl in district Kasur. An eight-year girl Zainab was raped and brutally murdered in Kasur district five days ago while was g

Published 11 Jan, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 26	153.83
USD to Swiss Franc / Nov 26	0.89
Pound Sterling to USD / Nov 26	1.25
Euro to USD / Nov 26	1.05

Stock	Volume
S&P 500 / Nov 25	5,987.37
Nasdaq / Nov 25	18,054.84
Dow Jones / Nov 25	44,736.57
India Sensex / Nov 26	80,083.15
Tokyo Nikkei / Nov 26	38,266.61
Hang Seng / Nov 26	19,174.25
FTSE 100 / Nov 26	8,253.38
Germany DAX 30 / Nov 26	19,284.47

Item	Value
Gold 10 Grams PKR / Nov 25	244,860.20
Crude Oil USD/Barrel / Nov 26	69.17
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold Spot USD/Ounce / Nov 26	2,623.04
Cotton US¢/pound / Nov 26	71.35
Petrol/Litre / Nov 27	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 27 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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