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Print - 2018-02-03
Businessmen concerned at hike in prices of POL products
Currency

Businessmen concerned at hike in prices of POL products

The industrialists/traders have strongly criticized government's decision to increase price of petroleum products saying that repeated hike in the prices of oil and gas in recent past has badly eroded Pakistan's competitiveness due to which the country is
Published 03 Feb, 2018 12:00am
81,952 victims rescued in January

81,952 victims rescued in January

As many as 81952 victims of different emergencies were rescued by the Punjab Emergency Services (Rescue 1122) while conducting 81454 rescue operations in last month all over the Punjab, with average response time of 07 minutes. The emergency calls to whic
Published 03 Feb, 2018 12:00am
World Wetlands Day: IUCN, Engro hold campaign for schools

World Wetlands Day: IUCN, Engro hold campaign for schools

IUCN Pakistan in collaboration with Engro Foundation, organized an awareness raising campaign for schools located around the Karachi's Rehri Goth and Ibrahim Hyderi villages on the occasion of World Wetlands Day on Friday. The theme for this year is "Wetl
Published 03 Feb, 2018 12:00am
Customs claims seizing 16.7 MT of Acetic Anhydride

Customs claims seizing 16.7 MT of Acetic Anhydride

Model Customs Collectorate (MCC), Port Qasim claimed to have seized huge quantity of Acetic Anhydride weighing 16.7 metric tons on the other day. According to details, the consignment was shipped from Poland under description of "Summer Fluid" which was u
Published 03 Feb, 2018 12:00am
Dry, cold weather forecast

Dry, cold weather forecast

Temperature slumped to minus 9 degree Celsius in Quetta, as the Met Office on Friday forecast a dry and cold weather for the most parts of the country in the next 24 hours. Mercury plunged to the freezing level of minus 6 degrees Celsius in Kalam, minus 4
Published 03 Feb, 2018 12:00am
Construction permits under Category-I to be issued in 30 days: SBCA

Construction permits under Category-I to be issued in 30 days: SBCA

Sindh Building Control Authority (SBCA) has eased out the procedure for the approval and issuance of construction permits for residential houses and non-obnoxious warehouses (Category-I buildings). As part of the ground-breaking reform on the directive of
Published 03 Feb, 2018 12:00am
Judge bashing

Judge bashing

Supreme Court of Pakistan has disqualified PML-N Senator Nehal Hashmi over criticism of higher judiciary by him. He has also been awarded a one-month imprisonment and a Rs 50,000 fine. While there can be no dispute about the fact that a highly irresponsib
Published 03 Feb, 2018 12:00am
Gross domestic plot

Gross domestic plot

"Most importantly, why is a ratio which increases when you consume more, and hence save less, deemed to be an indicator of economic growth?... pretty soon GDP will be ditched and substituted by its critical component only, the trade balance; the sign are
Published 03 Feb, 2018 12:00am
Power losses

Power losses

The recently published report titled "Performance evaluation report of public sector GENCOs FY14-16" by the power regulator Nepra presents a dismal performance of Gencos. Facts and figures speak for themselves and so do the figures presented by Nepra.
Published 03 Feb, 2018 12:00am
A price one has to pay

A price one has to pay

After months of restraint the Supreme Court seems to have decided it is time to hold the PML-N leaders to account for repeatedly assailing the judiciary in reaction to former prime minister Nawaz Sharif's disqualification in the Panama Papers corruption c
Published 03 Feb, 2018 12:00am
India's budget: What lessons can we draw?

India's budget: What lessons can we draw?

That India is now a $2.5 trillion economy is a reality. Not only is Pakistan's economy ($300 billion) much smaller than India's, its growth rate is lower than its neighbour's. Moreover, the fiscal deficit and balance of payment woes are more pronounced in
Published 03 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Friday (February 02, 2018) and the forecast for Saturday (February 03, 2018).

Published 03 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Trump steps up fight over Russia probe, approves release of secret memo

Trump steps up fight over Russia probe, approves release of secret memo

President Donald Trump and his Republican allies on Friday escalated a campaign against U.S. law enforcement agencies over their probe into Russia by making public a classified memo that the FBI had sought to keep under wraps. The document, drawn up by co
Published 03 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Trump steps up fight over Russia probe, approves release of secret memo

Trump steps up fight over Russia probe, approves release of secret memo

President Donald Trump and his Republican allies on Friday escalated a campaign against U.S. law enforcement agencies over their probe into Russia by making public a classified memo that the FBI had sought to keep under wraps. The document, drawn up by co
Published 03 Feb, 2018 12:00am
Five dead after two army helicopters collide in France

Five dead after two army helicopters collide in France

Five army officers were killed Friday after two training helicopters crashed into each other near a lake in southern France, officials said, one of the deadliest such accidents involving the country's armed forces in recent years. The collision took place
Published 03 Feb, 2018 12:00am
Five dead after two army helicopters collide in France

Five dead after two army helicopters collide in France

Five army officers were killed Friday after two training helicopters crashed into each other near a lake in southern France, officials said, one of the deadliest such accidents involving the country's armed forces in recent years. The collision took place
Published 03 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Irsa takes notice of water shortages in Balochistan

Irsa takes notice of water shortages in Balochistan

Chairman Indus River System Authority (Irsa) Sher Zaman Khan has accused Sindh of not releasing due share of water to Balochistan, creating unrest in the province. In a letter to Secretary Irrigation Sindh, Jamal Mustafa Syed, Chairman Irsa said that sinc
Published 03 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 02, 2018)

Published 03 Feb, 2018 12:00am
Irsa takes notice of water shortages in Balochistan

Irsa takes notice of water shortages in Balochistan

Chairman Indus River System Authority (Irsa) Sher Zaman Khan has accused Sindh of not releasing due share of water to Balochistan, creating unrest in the province. In a letter to Secretary Irrigation Sindh, Jamal Mustafa Syed, Chairman Irsa said that sinc
Published 03 Feb, 2018 12:00am
Air Chief praises indigenously-produced JF-17 Thunder

Air Chief praises indigenously-produced JF-17 Thunder

It was a landmark occasion for the PAF and the nation when the indigenously produced JF-17 Thunder shot down a slow speed target with BVR (Beyond Visual Range) and IR (Infrared) missile with pin point accuracy at Sonmiani firing range on Friday, said Air
Published 03 Feb, 2018 12:00am
Air Chief praises indigenously-produced JF-17 Thunder

Air Chief praises indigenously-produced JF-17 Thunder

It was a landmark occasion for the PAF and the nation when the indigenously produced JF-17 Thunder shot down a slow speed target with BVR (Beyond Visual Range) and IR (Infrared) missile with pin point accuracy at Sonmiani firing range on Friday, said Air
Published 03 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Ex-PTV chairman Qasmi summoned by SC

Ex-PTV chairman Qasmi summoned by SC

Supreme Court on Friday summoned former chairman of Pakistan Television Attaul Haq Qasmi while hearing a matter relating to his appointment against the slot. Expressing surprise over a substantial amount of salary paid to Qasmi, a two-member bench raised
Published 03 Feb, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee inched down by one paisa in relation to the dollar for buying and selling at Rs 110.55 and Rs 110.56 respectively, they said
Published 03 Feb, 2018 12:00am
Ex-PTV chairman Qasmi summoned by SC

Ex-PTV chairman Qasmi summoned by SC

Supreme Court on Friday summoned former chairman of Pakistan Television Attaul Haq Qasmi while hearing a matter relating to his appointment against the slot. Expressing surprise over a substantial amount of salary paid to Qasmi, a two-member bench raised
Published 03 Feb, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee moved both ways against the dollar on the money market on Friday in process of trading activity, dealers said. The rupee inched down by one paisa in relation to the dollar for buying and selling at Rs 110.55 and Rs 110.56 respectively, they said
Published 03 Feb, 2018 12:00am
Supreme Court takes up Hamid Khan's appeal

Supreme Court takes up Hamid Khan's appeal

Supreme Court has decided to take up election appeal of Pakistan Muslim League-Nawaz stalwart, Federal Minister for Railways Khawaja Saad Rafiq; which he had filed against decision of re-election in NA-125 constituency. Rafiq had secured 123,416 votes whe
Published 03 Feb, 2018 12:00am
Supreme Court takes up Hamid Khan's appeal

Supreme Court takes up Hamid Khan's appeal

Supreme Court has decided to take up election appeal of Pakistan Muslim League-Nawaz stalwart, Federal Minister for Railways Khawaja Saad Rafiq; which he had filed against decision of re-election in NA-125 constituency. Rafiq had secured 123,416 votes whe
Published 03 Feb, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 02, 2018).

Published 03 Feb, 2018 12:00am
Pentagon pushes for new, low-yield nuclear bombs

Pentagon pushes for new, low-yield nuclear bombs

The US military wants to revamp its nuclear arsenal and develop new low-yield atomic bombs, largely in response to Russian actions in recent years, the Pentagon says in a policy statement released Friday. The so-called Nuclear Posture Review outlines the
Published 03 Feb, 2018 12:00am
Migrant boat capsizes off Libya, 90 feared dead, mostly Pakistanis

Migrant boat capsizes off Libya, 90 feared dead, mostly Pakistanis

An estimated 90 migrants are feared to have drowned off the coast of Libya after a smuggler's boat capsized early on Friday, leaving three known survivors and 10 bodies washed up on shore, the International Organisation for Migration (IOM) said. Survivors
Published 03 Feb, 2018 12:00am
Migrant boat capsizes off Libya, 90 feared dead, mostly Pakistanis

Migrant boat capsizes off Libya, 90 feared dead, mostly Pakistanis

An estimated 90 migrants are feared to have drowned off the coast of Libya after a smuggler's boat capsized early on Friday, leaving three known survivors and 10 bodies washed up on shore, the International Organisation for Migration (IOM) said. Survivors
Published 03 Feb, 2018 12:00am
China in talks over military base in remote Afghanistan

China in talks over military base in remote Afghanistan

Worried about militants sneaking into a restive Chinese region from war-torn Afghanistan, Beijing is in talks with Kabul over the construction of a military base, Afghan officials say, as it seeks to shore up its fragile neighbour. The army camp will be b
Published 03 Feb, 2018 12:00am
China in talks over military base in remote Afghanistan

China in talks over military base in remote Afghanistan

Worried about militants sneaking into a restive Chinese region from war-torn Afghanistan, Beijing is in talks with Kabul over the construction of a military base, Afghan officials say, as it seeks to shore up its fragile neighbour. The army camp will be b
Published 03 Feb, 2018 12:00am
Ghani slams Pakistan for 'harbouring' Taliban

Ghani slams Pakistan for 'harbouring' Taliban

The Afghan president slammed Pakistan on Friday, blaming it for a wave of massive deadly attacks that have ravaged his nation recently and accusing Islamabad of harbouring the Taliban. In a televised speech to the nation, Ashraf Ghani insisted the "center
Published 03 Feb, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 Feb, 2018 12:00am
Ghani slams Pakistan for 'harbouring' Taliban

Ghani slams Pakistan for 'harbouring' Taliban

The Afghan president slammed Pakistan on Friday, blaming it for a wave of massive deadly attacks that have ravaged his nation recently and accusing Islamabad of harbouring the Taliban. In a televised speech to the nation, Ashraf Ghani insisted the "center
Published 03 Feb, 2018 12:00am
NSC says Afghan government's reaction based on misconceptions

NSC says Afghan government's reaction based on misconceptions

The eighteenth meeting of the National Security Committee was chaired by Prime Minister Shahid Khaqan Abbasi Friday in Islamabad. Khawaja Muhammad Asif, Foreign Minister, Professor Ahsan Iqbal, Minister for Interior, General Zubair Mehmood Hayat, Chairman
Published 03 Feb, 2018 12:00am
NSC says Afghan government's reaction based on misconceptions

NSC says Afghan government's reaction based on misconceptions

The eighteenth meeting of the National Security Committee was chaired by Prime Minister Shahid Khaqan Abbasi Friday in Islamabad. Khawaja Muhammad Asif, Foreign Minister, Professor Ahsan Iqbal, Minister for Interior, General Zubair Mehmood Hayat, Chairman
Published 03 Feb, 2018 12:00am
PSX: banks lead 13-month high return in January

PSX: banks lead 13-month high return in January

In January 2018 the bourse gained 3,578 points, giving a 13-month high return of 8.8 percent, led by banks, analysts said. The top contributors were commercial banks, contributing 996 points to the index. Large banks being part of the MSCI EM main index a
Published 03 Feb, 2018 12:00am
PSX: banks lead 13-month high return in January

PSX: banks lead 13-month high return in January

In January 2018 the bourse gained 3,578 points, giving a 13-month high return of 8.8 percent, led by banks, analysts said. The top contributors were commercial banks, contributing 996 points to the index. Large banks being part of the MSCI EM main index a
Published 03 Feb, 2018 12:00am
PSX: banks lead 13-month high return in January

PSX: banks lead 13-month high return in January

In January 2018 the bourse gained 3,578 points, giving a 13-month high return of 8.8 percent, led by banks, analysts said. The top contributors were commercial banks, contributing 996 points to the index. Large banks being part of the MSCI EM main index a
Published 03 Feb, 2018 12:00am
'Contemptuous' speeches: Daniyal summoned by SC

'Contemptuous' speeches: Daniyal summoned by SC

Supreme Court on Friday took notice of "contemptuous" speeches of Minister for Privatization Daniyal Aziz against the judiciary and fixed the matter for Feb 07. A day after sentencing former Senator Nehal Hashmi and summoning Minister of State for Interio
Published 03 Feb, 2018 12:00am
'Contemptuous' speeches: Daniyal summoned by SC

'Contemptuous' speeches: Daniyal summoned by SC

Supreme Court on Friday took notice of "contemptuous" speeches of Minister for Privatization Daniyal Aziz against the judiciary and fixed the matter for Feb 07. A day after sentencing former Senator Nehal Hashmi and summoning Minister of State for Interio
Published 03 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange managed to close in positive territory on the back of healthy buying in various sectors Friday. BRIndex100 closed at 4,752.84 points, up 0.85 points or 0.02 percent. BRIndex100 touched intraday high of 4,799.09 and intraday low of
Published 03 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange managed to close in positive territory on the back of healthy buying in various sectors Friday. BRIndex100 closed at 4,752.84 points, up 0.85 points or 0.02 percent. BRIndex100 touched intraday high of 4,799.09 and intraday low of
Published 03 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange managed to close in positive territory on the back of healthy buying in various sectors Friday. BRIndex100 closed at 4,752.84 points, up 0.85 points or 0.02 percent. BRIndex100 touched intraday high of 4,799.09 and intraday low of
Published 03 Feb, 2018 12:00am
Draft Benami rules: PM authorizes submission of summary for approval

Draft Benami rules: PM authorizes submission of summary for approval

Prime Minister Shahid Khaqan Abbasi has authorized submission of a summary to the Cabinet for approval of the draft of Benami Transaction (Prohibition) Rules, 2018. A meeting of the Senate Standing Committee on Finance has been informed by the Federal Boa
Published 03 Feb, 2018 12:00am
Draft Benami rules: PM authorizes submission of summary for approval

Draft Benami rules: PM authorizes submission of summary for approval

Prime Minister Shahid Khaqan Abbasi has authorized submission of a summary to the Cabinet for approval of the draft of Benami Transaction (Prohibition) Rules, 2018. A meeting of the Senate Standing Committee on Finance has been informed by the Federal Boa
Published 03 Feb, 2018 12:00am
Draft Benami rules: PM authorizes submission of summary for approval

Draft Benami rules: PM authorizes submission of summary for approval

Prime Minister Shahid Khaqan Abbasi has authorized submission of a summary to the Cabinet for approval of the draft of Benami Transaction (Prohibition) Rules, 2018. A meeting of the Senate Standing Committee on Finance has been informed by the Federal Boa
Published 03 Feb, 2018 12:00am
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