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Print - 2018-02-14
Australian team for increased trade in pulses

Australian team for increased trade in pulses

A delegation of Australian pulses producers completed their three-day visit to Pakistan on Tuesday. The delegation explored opportunities for increased pulses trade and production with Pakistani businesses and importers, said a press release.
Published 14 Feb, 2018 12:00am
Opposition, treasury benches join hands with PTI legislator

Opposition, treasury benches join hands with PTI legislator

Opposition and treasury benches in Khyber Pakhtunkhwa Assembly Tuesday joined hands with PTI legislator Amjad Afridi for release of funds in head of oil and gas royalty for his constituency. Amjad Afridi on the second consecutive continued his protest by
Published 14 Feb, 2018 12:00am
Zainab case: Imran confesses crime

Zainab case: Imran confesses crime

Lawyer of Kasur serial killer withdrew his power of attorney after the suspect Imran Ali confessed to rape and kill Zainab and nine minor girls of Kasur. Advocate Mehar Shakeel Multani talking to media outside Kot Lakhpat jail said, "I have been misled by
Published 14 Feb, 2018 12:00am
NA body jettisons over four dozen uplift projects

NA body jettisons over four dozen uplift projects

National Assembly Standing Committee on Industries and Production headed by Asad Umar on Tuesday, rejected "wish list" of over four dozen ongoing and new development projects proposed by the Ministry of Industries and Production (MoI&P) for PSDP 2018-19.
Published 14 Feb, 2018 12:00am
Nawaz expresses gratitude to people of Lodhran

Nawaz expresses gratitude to people of Lodhran

Former Prime Minister Nawaz Sharif expressed his gratitude to the people of Lodhran for giving massive victory to his party's candidate in the bye-election on Monday, saying "the people are making distinction between development and discrimination through
Published 14 Feb, 2018 12:00am
Disclosure requirements

Disclosure requirements

Company Law and regulations lay down a number of specific disclosure requirements in financial statement of companies. Not included in these are disclosure of directors meetings expenses, often pretty huge. Cannot be ruled out that the more hefty payments
Published 14 Feb, 2018 12:00am
Olympic warmth splits views on divided Korean peninsula
Exchange

Olympic warmth splits views on divided Korean peninsula

Untouched by Olympic bonhomie and unified Korean teams, Southern soldiers patrol the barbed wire fences that run towards the Demilitarized Zone, guarding against the nuclear-armed North. At the northernmost tip of South Korea, just a few kilometres from t
Published 14 Feb, 2018 12:00am
Strengthening growth with social equity
Exchange

Strengthening growth with social equity

The World Economic Forum (WEF) has developed a new metric of national economic performance as an alternative to GDP - the Inclusive Development Index (IDI) - which focuses on living standards and the futureproofing (the process of anticipating the future
Published 14 Feb, 2018 12:00am
SBP autonomy and monetary policy - VI
Exchange

SBP autonomy and monetary policy - VI

The challenges facing the economy are deepening. As we pointed out last week, the main concerns of the central bank - government borrowing, policy rate and exchange rate - are under severe stress. Although the minutes of the last Monetary Policy Committee
Published 14 Feb, 2018 12:00am
The death of an oracle

The death of an oracle

The mortal remains of Asma Jahangir were laid to rest in her hometown after her funeral prayers were offered at Qadhafi Stadium yesterday. No private citizen in this country (with the exception of Abdul Sattar Edhi and Dr Ruth Pfau) has earned as much pub
Published 14 Feb, 2018 12:00am
LNG deal: SC gives boost to NAB jurisdiction

LNG deal: SC gives boost to NAB jurisdiction

The apex court ruled that it did not want to hear cases of a political nature and defined the petition filed by Sheikh Rashid through his counsel Sardar Latif Khosa challenging the Liquefied Natural Gas (LNG) agreement signed between Qatargas and Pakistan
Published 14 Feb, 2018 12:00am
Fed chief: US to maintain post-crisis regulations

Fed chief: US to maintain post-crisis regulations

Newly-installed US Federal Reserve chief Jerome Powell pledged Tuesday to preserve the key gains made in banking regulation since the global financial crisis and continue gradual interest rate increases. Powell, who took over as Fed chair February 5, just
Published 14 Feb, 2018 12:00am
Fed chief: US to maintain post-crisis regulations

Fed chief: US to maintain post-crisis regulations

Newly-installed US Federal Reserve chief Jerome Powell pledged Tuesday to preserve the key gains made in banking regulation since the global financial crisis and continue gradual interest rate increases. Powell, who took over as Fed chair February 5, just
Published 14 Feb, 2018 12:00am
Fed chief: US to maintain post-crisis regulations

Fed chief: US to maintain post-crisis regulations

Newly-installed US Federal Reserve chief Jerome Powell pledged Tuesday to preserve the key gains made in banking regulation since the global financial crisis and continue gradual interest rate increases. Powell, who took over as Fed chair February 5, just
Published 14 Feb, 2018 12:00am
Cabinet approves Anti-Terrorism (Freezing, Seizure) Rules 2018
Exchange

Cabinet approves Anti-Terrorism (Freezing, Seizure) Rules 2018

The federal cabinet has approved Anti-Terrorism (Freezing and Seizure) Rules 2018 in principle according to which the government would freeze or seize assets of proscribed individuals involved in terrorism. According to the summary tabled on Tuesday, the
Published 14 Feb, 2018 12:00am
Cabinet approves Anti-Terrorism (Freezing, Seizure) Rules 2018
Exchange

Cabinet approves Anti-Terrorism (Freezing, Seizure) Rules 2018

The federal cabinet has approved Anti-Terrorism (Freezing and Seizure) Rules 2018 in principle according to which the government would freeze or seize assets of proscribed individuals involved in terrorism. According to the summary tabled on Tuesday, the
Published 14 Feb, 2018 12:00am
US household debt rises for fifth year in 2017

US household debt rises for fifth year in 2017

Total debt held by US households surged in 2017 to more than $13 trillion, the fifth straight annual increase, amid a continued rise in home mortgages and auto loans, according to data released Tuesday. But nearly 10 years after the start of the global fi
Published 14 Feb, 2018 12:00am
US household debt rises for fifth year in 2017

US household debt rises for fifth year in 2017

Total debt held by US households surged in 2017 to more than $13 trillion, the fifth straight annual increase, amid a continued rise in home mortgages and auto loans, according to data released Tuesday. But nearly 10 years after the start of the global fi
Published 14 Feb, 2018 12:00am
US household debt rises for fifth year in 2017

US household debt rises for fifth year in 2017

Total debt held by US households surged in 2017 to more than $13 trillion, the fifth straight annual increase, amid a continued rise in home mortgages and auto loans, according to data released Tuesday. But nearly 10 years after the start of the global fi
Published 14 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (February 13, 2018) and the forecast for Wednesday (February 14, 2018).

Published 14 Feb, 2018 12:00am
Iraqi militia vows to back Hezbollah in war with Israel

Iraqi militia vows to back Hezbollah in war with Israel

The head of the powerful Iraqi militia Harakat al-Nujaba pledged on Tuesday to stand alongside its Lebanese ally Hezbollah if a new war breaks out with Israel. Harakat al-Nujaba and Hezbollah have fought side-by-side to bolster Syrian government troops si
Published 14 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 13, 2018).

Published 14 Feb, 2018 12:00am
Iraqi militia vows to back Hezbollah in war with Israel

Iraqi militia vows to back Hezbollah in war with Israel

The head of the powerful Iraqi militia Harakat al-Nujaba pledged on Tuesday to stand alongside its Lebanese ally Hezbollah if a new war breaks out with Israel. Harakat al-Nujaba and Hezbollah have fought side-by-side to bolster Syrian government troops si
Published 14 Feb, 2018 12:00am
Khursheed seeks suitable names for caretaker prime minister

Khursheed seeks suitable names for caretaker prime minister

In line with his constitutional responsibility, Opposition Leader in the National Assembly Syed Khursheed Shah has become more proactive about the appointment of the caretaker prime minister, asking the people to suggest suitable names in this regard. "Th
Published 14 Feb, 2018 12:00am
Khursheed seeks suitable names for caretaker prime minister

Khursheed seeks suitable names for caretaker prime minister

In line with his constitutional responsibility, Opposition Leader in the National Assembly Syed Khursheed Shah has become more proactive about the appointment of the caretaker prime minister, asking the people to suggest suitable names in this regard. "Th
Published 14 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 13, 2018).

Published 14 Feb, 2018 12:00am
War-battered Iraq says it's 'open for investors'

War-battered Iraq says it's 'open for investors'

War-battered Iraq sought Tuesday to attract international investors to rebuild the country after defeating the Islamic State group, offering hundreds of projects and touting extensive legal guarantees. "Iraq is open for investors," declared Sami al-Araji,
Published 14 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 13, 2018)

Published 14 Feb, 2018 12:00am
Turkish team, BoI discuss steps to boost investment

Turkish team, BoI discuss steps to boost investment

The possibilities of enhancing cooperation in the areas of bilateral trade, investment and business between Pakistan and Turkey were discussed at the Board of Investment (BoI) Tuesday. A Turkish delegation led by Turkey-Pakistan Business Council Chairman
Published 14 Feb, 2018 12:00am
Turkish team, BoI discuss steps to boost investment

Turkish team, BoI discuss steps to boost investment

The possibilities of enhancing cooperation in the areas of bilateral trade, investment and business between Pakistan and Turkey were discussed at the Board of Investment (BoI) Tuesday. A Turkish delegation led by Turkey-Pakistan Business Council Chairman
Published 14 Feb, 2018 12:00am
Turkish team, BoI discuss steps to boost investment

Turkish team, BoI discuss steps to boost investment

The possibilities of enhancing cooperation in the areas of bilateral trade, investment and business between Pakistan and Turkey were discussed at the Board of Investment (BoI) Tuesday. A Turkish delegation led by Turkey-Pakistan Business Council Chairman
Published 14 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 13, 2018).

Published 14 Feb, 2018 12:00am
Site/design plan: Imran asked to produce Banigala documents

Site/design plan: Imran asked to produce Banigala documents

Supreme Court on Tuesday sought documents from Chairman Pakistan Tehreek-e-Insaf Imran Khan about site plan approval of his residential property in Banigala by an authority. A three-member bench led by Chief Justice Mian Saqib Nisar while hearing a suo mo
Published 14 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 13, 2018).

Published 14 Feb, 2018 12:00am
Site/design plan: Imran asked to produce Banigala documents

Site/design plan: Imran asked to produce Banigala documents

Supreme Court on Tuesday sought documents from Chairman Pakistan Tehreek-e-Insaf Imran Khan about site plan approval of his residential property in Banigala by an authority. A three-member bench led by Chief Justice Mian Saqib Nisar while hearing a suo mo
Published 14 Feb, 2018 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

A downward trend continued on the money market on Tuesday as the rupee fell slightly against the dollar in the process of trading, currency experts said. The rupee depicted no variation in relation to the dollar for buying and selling at Rs 110.55 and Rs
Published 14 Feb, 2018 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

A downward trend continued on the money market on Tuesday as the rupee fell slightly against the dollar in the process of trading, currency experts said. The rupee depicted no variation in relation to the dollar for buying and selling at Rs 110.55 and Rs
Published 14 Feb, 2018 12:00am
Pakistan still going easy on militants: US intel chief

Pakistan still going easy on militants: US intel chief

Pakistan's military is holding back counter-terrorism cooperation with the United States while continuing to go easy on militant groups based in the country, US Director of National Intelligence Dan Coats said Tuesday. Coats told a hearing of the Senate I
Published 14 Feb, 2018 12:00am
US pushes motion to put Pakistan on global terrorist-financing watchlist

US pushes motion to put Pakistan on global terrorist-financing watchlist

The United States has put forward a motion to place Pakistan on a global terrorist-financing watchlist with an anti-money-laundering monitoring group, according to a senior Pakistani official. Pakistan has been scrambling in recent months to avert being a
Published 14 Feb, 2018 12:00am
US pushes motion to put Pakistan on global terrorist-financing watchlist

US pushes motion to put Pakistan on global terrorist-financing watchlist

The United States has put forward a motion to place Pakistan on a global terrorist-financing watchlist with an anti-money-laundering monitoring group, according to a senior Pakistani official. Pakistan has been scrambling in recent months to avert being a
Published 14 Feb, 2018 12:00am
Pakistan rejects Indian minister's allegations

Pakistan rejects Indian minister's allegations

In a tit-for-tat response to Indian defense minister's threatening statement, Pakistan Tuesday warned that any Indian aggression and strategic miscalculation will get an equal and proportionate response. "Pakistan will pay India in its own coin in case of
Published 14 Feb, 2018 12:00am
Pakistan rejects Indian minister's allegations

Pakistan rejects Indian minister's allegations

In a tit-for-tat response to Indian defense minister's threatening statement, Pakistan Tuesday warned that any Indian aggression and strategic miscalculation will get an equal and proportionate response. "Pakistan will pay India in its own coin in case of
Published 14 Feb, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 13, 2018).

Published 14 Feb, 2018 12:00am
Afghan army shake-up to push out old guard in fight against Taliban

Afghan army shake-up to push out old guard in fight against Taliban

Afghan President Ashraf Ghani plans to retire more than 2,000 army generals and other senior officers, aiming to bring new blood into the military's top ranks to battle a resilient Taliban insurgency, officials said. Many of the existing commanders are "t
Published 14 Feb, 2018 12:00am
Afghan army shake-up to push out old guard in fight against Taliban

Afghan army shake-up to push out old guard in fight against Taliban

Afghan President Ashraf Ghani plans to retire more than 2,000 army generals and other senior officers, aiming to bring new blood into the military's top ranks to battle a resilient Taliban insurgency, officials said. Many of the existing commanders are "t
Published 14 Feb, 2018 12:00am
Path to peace passes through Afghanistan: CoAS

Path to peace passes through Afghanistan: CoAS

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) attended Chiefs of Defence (CHOD) Conference held at Kabul today. Commander USCENTCOM, Commander Resolute Support Mission (RSM) and Army Chiefs of Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkm
Published 14 Feb, 2018 12:00am
Path to peace passes through Afghanistan: CoAS

Path to peace passes through Afghanistan: CoAS

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) attended Chiefs of Defence (CHOD) Conference held at Kabul today. Commander USCENTCOM, Commander Resolute Support Mission (RSM) and Army Chiefs of Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkm
Published 14 Feb, 2018 12:00am
Cabinet accords approval to Wapda tariff notification

Cabinet accords approval to Wapda tariff notification

The federal cabinet has granted approval to notification of Wapda hydroelectric tariff as determined by the Nepra for fiscal year 2017-18 for Khyber Pakhtunkhwa and Punjab and directed that the process of tariff determination for AJ&K should also be initi
Published 14 Feb, 2018 12:00am
Cabinet accords approval to Wapda tariff notification

Cabinet accords approval to Wapda tariff notification

The federal cabinet has granted approval to notification of Wapda hydroelectric tariff as determined by the Nepra for fiscal year 2017-18 for Khyber Pakhtunkhwa and Punjab and directed that the process of tariff determination for AJ&K should also be initi
Published 14 Feb, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Feb, 2018 12:00am
Cabinet accords approval to Wapda tariff notification

Cabinet accords approval to Wapda tariff notification

The federal cabinet has granted approval to notification of Wapda hydroelectric tariff as determined by the Nepra for fiscal year 2017-18 for Khyber Pakhtunkhwa and Punjab and directed that the process of tariff determination for AJ&K should also be initi
Published 14 Feb, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Fresh buying, mainly by local investors supported Pakistan shares to close in positive territory Tuesday. BRIndex100 gained 25.74 points or 0.55 points to close at 4,680.75 points. BRIndex100 touched intraday high of 4,705.39 and intraday low of 4,655.02
Published 14 Feb, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 14 Feb, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Fresh buying, mainly by local investors supported Pakistan shares to close in positive territory Tuesday. BRIndex100 gained 25.74 points or 0.55 points to close at 4,680.75 points. BRIndex100 touched intraday high of 4,705.39 and intraday low of 4,655.02
Published 14 Feb, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Fresh buying, mainly by local investors supported Pakistan shares to close in positive territory Tuesday. BRIndex100 gained 25.74 points or 0.55 points to close at 4,680.75 points. BRIndex100 touched intraday high of 4,705.39 and intraday low of 4,655.02
Published 14 Feb, 2018 12:00am
Rao Anwar asked to appear before SC on February 16

Rao Anwar asked to appear before SC on February 16

The Supreme Court on Tuesday granted protective bail to suspended SSP Malir Rao Anwar who is accused of extrajudicial killing of one Naqeebullah Mehsud in a fake police encounter in Karachi. Resuming the hearing of a suo motu notice, a three-judge bench l
Published 14 Feb, 2018 12:00am
Rao Anwar asked to appear before SC on February 16

Rao Anwar asked to appear before SC on February 16

The Supreme Court on Tuesday granted protective bail to suspended SSP Malir Rao Anwar who is accused of extrajudicial killing of one Naqeebullah Mehsud in a fake police encounter in Karachi. Resuming the hearing of a suo motu notice, a three-judge bench l
Published 14 Feb, 2018 12:00am
US output is putting brakes on oil prices: IEA

US output is putting brakes on oil prices: IEA

Surging oil production in the United States is putting the brakes on crude prices, recently in recovery from a long slump resulting from a worldwide supply glut, the International Energy Agency said on Tuesday. "Oil price rises have come to a halt and gon
Published 14 Feb, 2018 12:00am
US output is putting brakes on oil prices: IEA

US output is putting brakes on oil prices: IEA

Surging oil production in the United States is putting the brakes on crude prices, recently in recovery from a long slump resulting from a worldwide supply glut, the International Energy Agency said on Tuesday. "Oil price rises have come to a halt and gon
Published 14 Feb, 2018 12:00am
US output is putting brakes on oil prices: IEA

US output is putting brakes on oil prices: IEA

Surging oil production in the United States is putting the brakes on crude prices, recently in recovery from a long slump resulting from a worldwide supply glut, the International Energy Agency said on Tuesday. "Oil price rises have come to a halt and gon
Published 14 Feb, 2018 12:00am
First quarter branchless banking transactions fall to Rs 726 billion

First quarter branchless banking transactions fall to Rs 726 billion

Branchless Banking (BB) transactions fell by some 3 percent to Rs 726 billion in the July-Sep 2017 quarter, mainly due to decline in over the counter (OTC) transactions. The State Bank of Pakistan (SBP) has made it mandatory for the banks to conduct perso
Published 14 Feb, 2018 12:00am
First quarter branchless banking transactions fall to Rs 726 billion

First quarter branchless banking transactions fall to Rs 726 billion

Branchless Banking (BB) transactions fell by some 3 percent to Rs 726 billion in the July-Sep 2017 quarter, mainly due to decline in over the counter (OTC) transactions. The State Bank of Pakistan (SBP) has made it mandatory for the banks to conduct perso
Published 14 Feb, 2018 12:00am
First quarter branchless banking transactions fall to Rs 726 billion

First quarter branchless banking transactions fall to Rs 726 billion

Branchless Banking (BB) transactions fell by some 3 percent to Rs 726 billion in the July-Sep 2017 quarter, mainly due to decline in over the counter (OTC) transactions. The State Bank of Pakistan (SBP) has made it mandatory for the banks to conduct perso
Published 14 Feb, 2018 12:00am
Senate pays glowing tributes

Senate pays glowing tributes

The Upper House of the Parliament on Tuesday paid glowing tributes to leading lawyer and human rights champion Asma Jahangir for her services for rule of law, upholding the supremacy of the Constitution and democracy throughout her life. In a special refe
Published 14 Feb, 2018 12:00am
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