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Nov 15, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-01-20
Wall Street pauses rally as utilities, industrials fall
Exchange

Wall Street pauses rally as utilities, industrials fall

Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks. Utilities and real estate dipped 0.6 percent and 1.0 percent, respectively. The two sectors, which are considered bond proxies,
Published 20 Jan, 2018 12:00am
Australian shares lower; New Zealand up

Australian shares lower; New Zealand up

Australian shares edged lower on Friday as mining stocks slipped following weakness in commodity prices, though gains in consumer staples and healthcare stocks helped stem some of the decline. The S&P/ASX 200 index fell 0.2 percent, or 8.8 points to 6,005
Published 20 Jan, 2018 12:00am
Benchmark yields at 10-month high

Benchmark yields at 10-month high

Yields on US 10-year notes reached a 10-month high on Thursday after China reported fourth-quarter growth that accelerated for the first time in seven years. China's gross domestic product grew 6.8 percent in the October to December period from a year ear
Published 20 Jan, 2018 12:00am
Benchmark yields at 10-month high

Benchmark yields at 10-month high

Yields on US 10-year notes reached a 10-month high on Thursday after China reported fourth-quarter growth that accelerated for the first time in seven years. China's gross domestic product grew 6.8 percent in the October to December period from a year ear
Published 20 Jan, 2018 12:00am
India's NSE index crosses 10,900 level for first time

India's NSE index crosses 10,900 level for first time

India's broader NSE index breached the 10,900 mark for the first time on Friday, with financial stocks leading the gains, as investors remained bullish after the government decided to cut tax rates on certain products and services. The NSE index closed up
Published 20 Jan, 2018 12:00am
China stocks scale two-year highs
Exchange

China stocks scale two-year highs

China stocks ended at fresh two-year highs on Friday, with the Shanghai index posting its fifth straight week of gains, as banks extended their rally and after the country posted its first acceleration in full-year growth in seven years. China's economy g
Published 20 Jan, 2018 12:00am
European shares on a high as optimism on earnings, economy, grow

European shares on a high as optimism on earnings, economy, grow

European shares rose to highs not seen since 2008 as growing confidence in corporate earnings and in the strength of the global economy continued to fuel a bull market, which shrugged off fears of a possible US government shutdown. The euro zone's STOXX b
Published 20 Jan, 2018 12:00am
Sri Lankan shares snap seven-session losing streak

Sri Lankan shares snap seven-session losing streak

Sri Lankan shares snapped a seven-session streak of declines on Friday, recovering from a near three-week closing low hit in the previous session, as investors picked up battered blue-chip and banking shares. However, foreign investors, who have been net
Published 20 Jan, 2018 12:00am
Southeast Asia stocks end on cheery note after China data

Southeast Asia stocks end on cheery note after China data

Vietnam briefly hit an over ten-year peak on Friday backed by foreign inflows while other markets in the region notched up weekly gains and finished higher after data showed China's growth accelerated for the first time in seven years. China's better-than
Published 20 Jan, 2018 12:00am
Retail gloom helps to end six weeks of FTSE gains
Exchange

Retail gloom helps to end six weeks of FTSE gains

Britain's major share index rallied to a higher close on Friday as strong metals prices boosted miners and investors sought out makers of consumer staples following fresh evidence of a slowdown in consumer spending. Profit warnings in the morning from ret
Published 20 Jan, 2018 12:00am
World Bank welcomes Ukraine president's comments on corruption law

World Bank welcomes Ukraine president's comments on corruption law

The World Bank is encouraged by signs from the Ukrainian president that a draft law to create an anti-corruption court could be revised following international criticism, the lender's Ukraine director Satu Kahkonen said. Ukraine's Western backers want the
Published 20 Jan, 2018 12:00am
Australia, Japan committed to signing Asia Pacific trade pact by March

Australia, Japan committed to signing Asia Pacific trade pact by March

Australia and Japan are committed to signing an Asia Pacific trade deal by March with countries in the region ready to forge a pact to replace the derailed Trans Pacific Partnership (TPP), Australian Prime Minister Malcolm Turnbull said on Thursday. "Prim
Published 20 Jan, 2018 12:00am
IMF urges Germany to loosen purse strings

IMF urges Germany to loosen purse strings

IMF chief Christine Lagarde has joined calls on Germany to invest in future economic growth even at the cost of relaxing its cherished budgetary discipline, raising hackles in Europe's powerhouse. Berlin should spend budget surpluses "to invest more in pu
Published 20 Jan, 2018 12:00am
Morgan Stanley tops estimates on underwriting, wealth management

Morgan Stanley tops estimates on underwriting, wealth management

Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue. The lender issued new targets that showed it will continue t
Published 20 Jan, 2018 12:00am
Morgan Stanley tops estimates on underwriting, wealth management

Morgan Stanley tops estimates on underwriting, wealth management

Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue. The lender issued new targets that showed it will continue t
Published 20 Jan, 2018 12:00am
China 2017 fixed asset investment grows 7.2 percent, slowest since 1999

China 2017 fixed asset investment grows 7.2 percent, slowest since 1999

China's fixed-asset investment rose 7.2 percent in 2017, more than expected but the slowest annual pace since 1999. Analysts polled by Reuters had predicted full-year investment growth of 7.1 percent, cooling from 7.2 percent in the first 11 months of the
Published 20 Jan, 2018 12:00am
China 2017 fixed asset investment grows 7.2 percent, slowest since 1999

China 2017 fixed asset investment grows 7.2 percent, slowest since 1999

China's fixed-asset investment rose 7.2 percent in 2017, more than expected but the slowest annual pace since 1999. Analysts polled by Reuters had predicted full-year investment growth of 7.1 percent, cooling from 7.2 percent in the first 11 months of the
Published 20 Jan, 2018 12:00am
South Korea's Incheon airport opens new terminal

South Korea's Incheon airport opens new terminal

South Korea's main international gateway Incheon airport opened its second terminal on Thursday, significantly increasing its capacity three weeks before the start of the Winter Olympics, airport authorities said. More than 300,000 tourists are expected t
Published 20 Jan, 2018 12:00am
UK's post-Brexit vote tourism boom fades
Currency

UK's post-Brexit vote tourism boom fades

Britain's tourism boom since Brexit vote faded in the three months to September as growth in the number of visitors slid to a one-year low, official data showed on Thursday. Tourism has been a winner from the 2016 Brexit vote which pushed down the value o
Published 20 Jan, 2018 12:00am
Dollar wallows near three-year trough in Asia
Currency

Dollar wallows near three-year trough in Asia

The dollar was lodged near a three-year low against a basket of currencies on Friday as fears of a possible US government shutdown added to underlying weakness that stems from the growing trend toward monetary policy normalisation around the world. The do
Published 20 Jan, 2018 12:00am
Dollar near three-year low in Europe
Currency

Dollar near three-year low in Europe

The dollar laboured near a three-year low against a basket of currencies on Friday, heading for a fifth week of falls that would be its longest losing streak since May 2015, as worries about a possible US government shutdown weighed. The US currency slipp
Published 20 Jan, 2018 12:00am
Early trade in New York: US shutdown fears pressure dollar
Currency

Early trade in New York: US shutdown fears pressure dollar

The dollar held near a three-year low versus a basket of currencies on Friday, poised for a fifth week of falls and its longest losing streak since May 2015 as worries over a possible US government shutdown weighed. On Thursday, the US House of Representa
Published 20 Jan, 2018 12:00am
Dollar slips broadly in New York
Exchange

Dollar slips broadly in New York

The US dollar fell on Thursday as traders piled into the euro, yen, sterling and other major currencies, prompted by concerns over a possible US government shutdown as lawmakers struggled to cobble together a federal budget deal. If an agreement to fund g
Published 20 Jan, 2018 12:00am
Sri Lanka rupee down
Exchange

Sri Lanka rupee down

The Sri Lankan rupee closed slightly weaker on Friday as dollar demand from importers and banks surpassed mild selling of the US currency by exporters, dealers said. The spot rupee ended at 153.90/154.00 per dollar, compared with Thursday's close of 153.8
Published 20 Jan, 2018 12:00am
Asian currencies strengthen
Exchange

Asian currencies strengthen

Asian currencies strengthened on Friday as the dollar languished on fears over a US government shutdown and as China's strong economic growth figures boosted sentiment in the region. The dollar index was down 0.165 at 90.35, hovering near the three-year l
Published 20 Jan, 2018 12:00am
Sterling falls after weak retail sales data
Currency

Sterling falls after weak retail sales data

Sterling weakened on Friday after disappointing UK retail sales data dented broadening optimism about a currency that is enjoying its best winning streak against the dollar since 2014. Before Friday's drop, sterling had been rallying against the dollar, w
Published 20 Jan, 2018 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian and New Zealand dollars both held handsome gains for the week on Friday as optimism on the global economy underpinned risk assets, largely at the expense of the US dollar. The Aussie stood at $0.8008, just off its recent four-month peak of
Published 20 Jan, 2018 12:00am
Nadal ominous as Wozniacki gets back on track

Nadal ominous as Wozniacki gets back on track

Rafael Nadal stormed into the round of 16 at the Australian Open Friday with a vintage performance as Grigor Dimitrov and Caroline Wozniacki kept their Grand Slam hopes alive on a hot draining day. But French Open champion Jelena Ostapenko's tournament is
Published 20 Jan, 2018 12:00am
Bangladesh thrash Sri Lanka for biggest one day win

Bangladesh thrash Sri Lanka for biggest one day win

Tamim Iqbal smashed 84 as Bangladesh hit 320 and then inflicted further misery on Sri Lanka to claim their biggest win in one-day cricket on Friday. Sri Lanka, under new coach Chandika Hathurusingha, were skittled out for 157 and the performance will set
Published 20 Jan, 2018 12:00am
Kyrgios topples idol Tsonga in electric clash

Kyrgios topples idol Tsonga in electric clash

Australia's Nick Kyrgios won an electric four-setter with his idol Jo-Wilfried Tsonga to advance to the round of 16 at the Australian Open on Friday. Kyrgios, seeded 17, needed three tiebreakers to win a crunch match with the former finalist 7-6 (7/5), 4-
Published 20 Jan, 2018 12:00am
Oldest medallist dies in Italy

Oldest medallist dies in Italy

Italian Carla Marangoni, who won a silver at the 1928 Games and was the oldest living Olympic medallist, has died at the age of 102 years, the Italian Olympic Committee (CONI) said on Friday. Marangoni, who competed in gymnastics, was the only surviving p
Published 20 Jan, 2018 12:00am
South Korea PM apologises for gaffe on unified team

South Korea PM apologises for gaffe on unified team

South Korea's prime minister apologised Friday for suggesting the country's women's ice hockey team had no chance of a medal at the Winter Olympics in an unsuccessful attempt to dampen criticism over a unified team with the North. The two Koreas agreed th
Published 20 Jan, 2018 12:00am
World Cup games will not be played outside Qatar: organizers

World Cup games will not be played outside Qatar: organizers

Qatar will host every game of the 2022 World Cup, the country's senior tournament organiser insisted Friday, amid speculation the Gulf political crisis would force the emirate to relocate matches. Hassan Al-Thawadi, secretary-general of Qatar's World Cup
Published 20 Jan, 2018 12:00am
England beat Australia in second ODI

England beat Australia in second ODI

England turned in an impressive all-round team performance to beat Australia by four wickets in the second one-day international at the Gabba on Friday. After restricting Australia to 270 for nine from their 50 overs, the English cruised past the total wi
Published 20 Jan, 2018 12:00am
Boxing Championship starts

Boxing Championship starts

The 36th National Men and the 1st National Women Boxing Championships will be played under the aegis of Wapda Sports Board at Wapda Sports Complex from January 20 to 24, 2018. As many as 15 teams will participate in the Men Championships ie Wapda, Army, N
Published 20 Jan, 2018 12:00am
Hussain Hamid takes Royal Palm golf title

Hussain Hamid takes Royal Palm golf title

A young promising golfer Hussain Hamid proved his class in the Royal Palm Annual Golf Championship. The golfer of substance is a five handicapper and through consistency, he managed to capture the Royal Palm Champions title for the year. He attained the h
Published 20 Jan, 2018 12:00am
New Zealand complete series whitewash over Pakistan

New Zealand complete series whitewash over Pakistan

New Zealand inflicted a rare 5-0 one-day international series whitewash over Pakistan on Friday with a 15-run win at Wellington's Basin Reserve. A century to Martin Guptill helped the Black Caps set a 272 total that proved too much for Pakistan after Matt
Published 20 Jan, 2018 12:00am
Seven years' jail for man who sold gun to Munich mass killer

Seven years' jail for man who sold gun to Munich mass killer

A German court jailed a man for seven years Friday for supplying a pistol to a teenager who killed nine people in a 2016 rampage at a Munich shopping centre. The court found Philipp Koerber, 33, guilty of nine charges of manslaughter as well as bodily har
Published 20 Jan, 2018 12:00am
Anti-abortion activists rally in Washington, fired up by Trump

Anti-abortion activists rally in Washington, fired up by Trump

Thousands of anti-abortion activists from around the US were scheduled to gather in the capital Washington Friday for the annual "March for Life" - fired up by the support of Donald Trump, who was slated to address the crowds via video link.
Published 20 Jan, 2018 12:00am
China to enshrine Xi's name in state constitution

China to enshrine Xi's name in state constitution

China's Communist Party proposed on Friday to engrave President Xi Jinping's guiding philosophy in the country's constitution, further cementing his status as its most powerful leader in decades. Xi's eponymous "thought" was already enshrined in the Commu
Published 20 Jan, 2018 12:00am
India's top court acquits Bollywood director of rape

India's top court acquits Bollywood director of rape

India's top court on Friday upheld the acquittal of a Bollywood director accused of raping an American research scholar in a case that has sparked intense debate about consent in a country with high levels of sexual violence. Mahmood Farooqui was initiall
Published 20 Jan, 2018 12:00am
Czech lawmakers strip PM Babis of immunity

Czech lawmakers strip PM Babis of immunity

The Czech parliament on Friday stripped billionaire Prime Minister Andrej Babis of immunity as a lawmaker, allowing the police to investigate his alleged role in EU subsidy fraud from 2007. "The decision was adopted," said deputy parliament speaker Tomio
Published 20 Jan, 2018 12:00am
Aid for millions caught up in US-Palestinian row: UN

Aid for millions caught up in US-Palestinian row: UN

The head of the United Nations agency for Palestinians said Friday the US decision to freeze tens of millions of dollars in aid resulted from diplomatic disputes rather than the agency's performance. The US State Department this week put on hold two plann
Published 20 Jan, 2018 12:00am
Pro-apartheid South Africa 'homeland' leader dies

Pro-apartheid South Africa 'homeland' leader dies

A former leader of a black tribal homeland that was one of the so-called Bantustans that helped to underpin South Africa's apartheid system has died, local media reported on Friday.
Published 20 Jan, 2018 12:00am
Macron sees IS military defeat in Syria, Iraq within 'weeks'

Macron sees IS military defeat in Syria, Iraq within 'weeks'

French President Emmanuel Macron said Friday that the Islamic State group in Syria and Iraq would be defeated militarily "in the coming weeks," as he laid out plans for bolstering France's defence capabilities. "Today, thanks to the efforts of all the nat
Published 20 Jan, 2018 12:00am
AFP and Reuters journalists detained covering Sudan protests

AFP and Reuters journalists detained covering Sudan protests

Journalists working for Agence France-Presse and Reuters were among three reporters being held by Sudanese authorities on Thursday a day after they were arrested covering demonstrations against rising food prices that were dispersed by police.
Published 20 Jan, 2018 12:00am
Second face transplant for Frenchman in world-first

Second face transplant for Frenchman in world-first

A man whose body rejected a face transplant he received seven years ago has been given a second donor face after living nearly two months without one, French medical agencies said Friday. It is the first time in transplant history that doctors have replac
Published 20 Jan, 2018 12:00am
Turkish troops shell Afrin to oust Kurdish militia

Turkish troops shell Afrin to oust Kurdish militia

Turkey on Friday started fresh shelling of the Syrian town of Afrin in a move to oust a US-backed Kurdish militia that Ankara considers "terrorists" and vowed to press on with a full-scale operation against them.
Published 20 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jan, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 20 Jan, 2018 12:00am
Cotton futures gain
Cotton

Cotton futures gain

ICE cotton futures rose for a second day on Thursday and traded within sight of a near four-year peak touched last week, helped by buying from speculators and mills. The most active ICE cotton contract for March expiry settled up 0.49 cent, or 0.60 percen
Published 20 Jan, 2018 12:00am
Shanghai aluminium, lead climb
Exchange

Shanghai aluminium, lead climb

Shanghai aluminium prices rose on Friday, buoyed by the first acceleration in China's GDP growth in seven years and by a pollution alert in a major industrial province. The most-traded March aluminium contract on the Shanghai Futures Exchange (ShFE) close
Published 20 Jan, 2018 12:00am
Supply fears drive zinc and lead to multi-year highs
Exchange

Supply fears drive zinc and lead to multi-year highs

Falling stockpiles and pollution alerts in top metals producer China fuelled supply concerns and helped to drive zinc and lead prices to multi-year highs and aluminium to a two-week peak on Friday. Demand for metals looked strong after data showed economi
Published 20 Jan, 2018 12:00am
Oil falls amid growing US crude output concerns

Oil falls amid growing US crude output concerns

Oil prices slid 1 percent on Friday and were on track for the biggest weekly falls since October despite hitting three-year highs earlier this week as concerns over growing US production outweighed tightening global supplies. Brent crude futures were trad
Published 20 Jan, 2018 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures ended down 1.3 percent on Friday, weighed down by a stronger yen against the dollar and weak Shanghai futures, brokers said. The Tokyo Commodity Exchange rubber contract for June delivery finished 2.8 yen lower at 209.2 yen
Published 20 Jan, 2018 12:00am
Malaysian palm oil slides for fourth day
Vegetable Oil

Malaysian palm oil slides for fourth day

Malaysian palm oil futures fell for a fourth straight day on Friday, weighed down by a stronger ringgit and concerns over slow exports. A stronger ringgit (MYR=), palm's currency of trade, makes the edible oil more expensive for foreign buyers and curbs d
Published 20 Jan, 2018 12:00am
New York cocoa tumbles as charts, weaker grind data weigh

New York cocoa tumbles as charts, weaker grind data weigh

New York cocoa futures fell sharply on Friday, moving further off a six-week high, as speculators resumed selling following data that showed an unexpected decline in North American grindings. March New York cocoa was down $55 or 2.8 percent, at $1,929 a t
Published 20 Jan, 2018 12:00am
Gold flat in New York

Gold flat in New York

Gold was flat in a narrow range on Thursday, first dipping as the dollar rose and then rising as the dollar moved lower, but bullion's gains were limited by higher US Treasury yields. Financial market players were concerned about a possible US government
Published 20 Jan, 2018 12:00am
Gold up in Asia

Gold up in Asia

Gold prices rose on Friday, supported by a weaker dollar amid worries about a possible US government shutdown, but the metal was still on track for its first weekly drop in six weeks. Spot gold was up 0.4 percent at $1,332 an ounce by 0659 GMT. On Thursda
Published 20 Jan, 2018 12:00am
Gold rises in Europe
Exchange

Gold rises in Europe

Gold prices rose half a percent on Friday as the dollar laboured near a three-year low amid heightened fears of a US government shutdown, but the precious metal was still on track for its first weekly drop in six. The US dollar fell versus a basket of cur
Published 20 Jan, 2018 12:00am
US MIDDAY: soyabean futures up

US MIDDAY: soyabean futures up

US soyabean futures rose for the fifth straight day on Friday, hitting their highest in 5-1/2 weeks as concerns about parched soil in Argentina underpinned prices, traders said. Signs of strong export demand also lent support to soyabeans which were on tr
Published 20 Jan, 2018 12:00am
US MIDDAY: gold surges

US MIDDAY: gold surges

Gold prices rose slightly on Friday as the US dollar hovered near a three-year low on heightened fears of a US government shutdown, but the precious metal was still on track for its first weekly drop in six weeks. The US dollar fell versus a basket of cur
Published 20 Jan, 2018 12:00am
Ibn Khaldun corner at NBF inaugurated

Ibn Khaldun corner at NBF inaugurated

Irfan Siddiqui, Advisor to the Prime Minister on National History and Literary Heritage, inaugurated the "Ibn Khaldun Corner" at NBF Head Office Islamabad on Thursday. The Ibn Khaldun Corner has been established in the name of great Historian, Philosopher
Published 20 Jan, 2018 12:00am
Government to fully support sustainable LNG investments: Haroon

Government to fully support sustainable LNG investments: Haroon

Special Assistant to Prime Minister/ Federal Minister on Revenue has said the government is committed to supporting early and sustainable investments in the LNG sector to meet the existing demands & growing energy requirements. He was speaking to a delega
Published 20 Jan, 2018 12:00am
KP Assembly adopts five unanimous resolutions

KP Assembly adopts five unanimous resolutions

Khyber Pakhtunkhwa Assembly on Friday passed five unanimous resolutions including one demanding judicial inquiry into extra-judicial killing of Naqeebullah Mehsud by Karachi police and exemplary punishment for culprits involved in sexual violence against
Published 20 Jan, 2018 12:00am
Dr Ayesha, Miftah discuss financial matters

Dr Ayesha, Miftah discuss financial matters

The Punjab Finance Minister Ayesha Ghaus Pasha had a meeting with the Adviser to Prime Minister on Finance, Dr Miftah Ismail on Friday and discussed Punjab related financial matters. Ayesha Ghaus apprised the Adviser of the resource mobilization efforts b
Published 20 Jan, 2018 12:00am
KP NAB recommends references against Double Shah, others

KP NAB recommends references against Double Shah, others

The Regional Board Meeting (RBM) of National Accountability Bureau Khyber Pakhtunkhwa was held under the chairmanship of Brigadier Farooq Naser Awan (retd), Director General NAB (KP) at Peshawar. The meeting was attended by Directors, Additional Directors
Published 20 Jan, 2018 12:00am
No new cement plant to be allowed near Katas Raj temples: CJP

No new cement plant to be allowed near Katas Raj temples: CJP

Chief Justice of Pakistan Mian Saqib Nisar observed on Friday that Supreme Court will not dismantle existing cement plants in the vicinity of Katas Raj Temples due to growing need of cement for China-Pakistan Economic Corridor projects in the country. Res
Published 20 Jan, 2018 12:00am
Tax withdrawal on sports goods recommended

Tax withdrawal on sports goods recommended

A parliamentary panel has recommended for withdrawing tax on sports goods to facilitate young talent in the country. The Senate Special Committee formed to examine overall working of the sports federations in Pakistan met with Dr Ashok Kumar in the chair
Published 20 Jan, 2018 12:00am
Entrepreneurs Festival held at UAF

Entrepreneurs Festival held at UAF

The University of Agriculture Faisalabad staged first Entrepreneurs Festival in which 70 start-up companies put their stalls on display to promote the culture of becoming job providers rather than job seekers. The exhibition was arranged by Office of Rese
Published 20 Jan, 2018 12:00am
Minister visits sugar mills

Minister visits sugar mills

Punjab Minister for Food Bilal Yaseen on Friday paid a visit to 10 sugar mills located in the four districts of Punjab and examined ongoing sugarcane procurement process and arrangements made for convenience of farmers. He met with district administration
Published 20 Jan, 2018 12:00am
Teachers urged to create awareness about child abuse

Teachers urged to create awareness about child abuse

Punjab University Vice Chancellor Professor Dr Zakaria Zakir has said that school is the most important institution to create awareness about child rights and school teachers can play pivotal role to sensitize children for prevention of child abuse. He sa
Published 20 Jan, 2018 12:00am
JI Shoora for making: ECP an autonomous body

JI Shoora for making: ECP an autonomous body

The central Shoora of the Jamaat-e-Islami has demanded that the Election Commission be made an independent and autonomous institution in administrative as well as financial matters like the Supreme Court to ensure fair, free and impartial elections.
Published 20 Jan, 2018 12:00am
Industrialists to support Tevta for providing quality education

Industrialists to support Tevta for providing quality education

Industrialists vowed their support to Technical Education and Vocational Training Authority (TEVTA) for producing skilled labor force as per their demand and need. Around 20 top industrialists and businessmen of Pakistan called upon Chairman TEVTA Irfan Q
Published 20 Jan, 2018 12:00am
Hoteliers asked to ban smoking

Hoteliers asked to ban smoking

The Punjab Food Authority (PFA) on Friday imposed ban on smoking corners and directed all the restaurants to immediately close all such corners on their premises. This decision was unanimously taken by PFA's board members in the 26th Board Meeting. PFA Di
Published 20 Jan, 2018 12:00am
Nawaz vows to foil conspiracies

Nawaz vows to foil conspiracies

Former Prime Minister and President PML-N Mian Nawaz Sharif on Friday said that the elements creating hurdles in the way of national development have been fully exposed and the people would show their anger against them in the 2018 general elections. Whil
Published 20 Jan, 2018 12:00am
Shahbaz pays tributes to Munnu Bhai, Dr Ashfaq

Shahbaz pays tributes to Munnu Bhai, Dr Ashfaq

Punjab Chief Minister Shahbaz Sharif has expressed his deep sense of sorrow and grief over the death of senior journalist, intellectual and ace columnist Munnu Bhai and extended sympathies to the bereaved family. In his condolence message, he paid rich tr
Published 20 Jan, 2018 12:00am
PU, FJMU sign MoU

PU, FJMU sign MoU

Punjab University and Fatima Jinnah Medical University have signed a memorandum of understanding to extend cooperation in the field of medical education between the both organizations. In this regard, a MoU signing ceremony was held at Punjab University's
Published 20 Jan, 2018 12:00am
PDWP approves three projects

PDWP approves three projects

Punjab Provincial Development Working Party (PDWP) approved three development schemes of various sectors with an estimated cost of Rs 2482.48 million here on Friday at its 46th meeting of current fiscal year 2017. The meeting presided over by Chairman P&D
Published 20 Jan, 2018 12:00am
Operation against 400,000 token tax defaulters

Operation against 400,000 token tax defaulters

The Excise Department has handed over data of 400,000 defaulters of token tax to the safe city officials. One officer of the department said the objective of handing over data is to locate the frequent presence of these defaulters on roads. Once located,
Published 20 Jan, 2018 12:00am
MEPA chief attends 'servant leadership' training programme in SA

MEPA chief attends 'servant leadership' training programme in SA

Chairman Middle East, Pakistan and Africa (MEPA) region for Entrepreneurs' Organisation (EO) S M Imran has attended and supported the first-ever regional leadership EO academy in Cape Town, South Africa, built around the theme of 'servant leadership' of N
Published 20 Jan, 2018 12:00am
Australians keen to invest in SEZs being set up under CPEC: HC
Exchange

Australians keen to invest in SEZs being set up under CPEC: HC

Australians are keen to invest in special economic zones being constructed under CPEC in Pakistan, said Ms. Margaret Adamson High Commissioner of Australia. She was addressing a delegation of Faisalabad Chamber of Commerce and Industry (FCCI) that met her
Published 20 Jan, 2018 12:00am
Shahbaz, Achakzai resolve to strengthen democratic system
Exchange

Shahbaz, Achakzai resolve to strengthen democratic system

Pakistan Muslim League-Nawaz (PML-N) and Pakhtunkhwa Milli Awami Party (PMAP) have expressed their resolve to work jointly for strengthening of democratic system in the country. This understanding was reached in a meeting between the Chief of Pakhtunkhwa
Published 20 Jan, 2018 12:00am
KP will lead country to polio-free status: CS

KP will lead country to polio-free status: CS

KP Chief Secretary Muhammad Azam Khan has highly appreciated the performance of district and provincial administrations for leading the programme to success saying that Khyber Pakhtunkhwa will lead the country to polio-free status. He said this during his
Published 20 Jan, 2018 12:00am
Bilawal grieved over Munnoo Bhai's death

Bilawal grieved over Munnoo Bhai's death

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has expressed deep grief and sorrow over the sad demise of Munnoo Bhai, a renowned Urdu columnist. "So sad to hear Munnoo Bhai has passed away. Pakistan loses another progressive voice of integrity an
Published 20 Jan, 2018 12:00am
Pakistan HC calls on Saarc secretary-general

Pakistan HC calls on Saarc secretary-general

Pakistan's High Commissioner to India Sohail Mahmood called on the Secretary General of South Asian Association for Regional Cooperation (SAARC), Amjad Hussain B. Sial, during the latter's visit to India. During the meeting, matters related to the SAARC p
Published 20 Jan, 2018 12:00am
LCCI, SCCI vow to work for well-being of businessmen

LCCI, SCCI vow to work for well-being of businessmen

The Lahore Chamber of Commerce & Industry (LCCI) and Sahiwal Chamber of Commerce & Industry (SCCI) have expressed resolve to make joint efforts for economic wellbeing of the business community. President Sahiwal Chamber Zeeshan Shahzad accompanied by Vice
Published 20 Jan, 2018 12:00am
Annual award ceremony of PNLC held

Annual award ceremony of PNLC held

The annual award ceremony of Pakistan Navy Logistics Command (PNLC) was held at PN Dockyard on Friday. Chief of the Naval Staff Admiral Zafar Mahmood Abbasi was the chief guest on the occasion. Annual award ceremony is held every year to review the perfor
Published 20 Jan, 2018 12:00am
SSP Rao Anwar submits Mehsud's 'criminal record' to probe body

SSP Rao Anwar submits Mehsud's 'criminal record' to probe body

SSP Malir Rao Anwar appeared before a departmental inquiry committee on Friday in relation to the controversial killing of a suspected terrorist in a police encounter. SSP Anwar, in a media talk on January 13, had claimed to have shot dead four alleged te
Published 20 Jan, 2018 12:00am
Indonesian president due on January 26

Indonesian president due on January 26

The President of Republic of Indonesia, Joko Widodo and First Lady Madam Iriana Widodo will pay a State visit to Pakistan on 26-27 Jan, 2018. President Widodo will be accompanied by Ministers and a large business delegation.
Published 20 Jan, 2018 12:00am
960 cases of child abuse registered, Sindh Assembly told

960 cases of child abuse registered, Sindh Assembly told

The Child Protection Authority has registered some 960 cases of children's maltreatment the province, Sindh social welfare Minster Shamim Mumtaz told the Sindh Assembly on Friday. Responding to a call-attention notice, she said that the provincial legisla
Published 20 Jan, 2018 12:00am
Rebound in tax collection helps contain fiscal deficit in Q1

Rebound in tax collection helps contain fiscal deficit in Q1

A sharp rebound in tax collection helped in containing fiscal deficit at 1.2 percent of GDP in the first quarter of FY18, lower than 1.4 percent in FY17. According to State Bank of Pakistan's first quarterly report on economy, in Q1-FY18, the primary bala
Published 20 Jan, 2018 12:00am
KCCI urges Sindh government to protect traders from extortion mafia

KCCI urges Sindh government to protect traders from extortion mafia

The president of the Karachi Chamber of Commerce and industry, Muffasar Atta Malik, and chairman of the Businessmen Group, and former president Siraj Kassam Teli have urged Chief Minister Murad Ali Shah, Home Minister Sohail Anwer Siyal, DG Rangers Major
Published 20 Jan, 2018 12:00am
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