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Print - 2018-03-01
AJK government, Power Div to hold expert-level moot next week

AJK government, Power Div to hold expert-level moot next week

The Government of Azad Jammu and Kashmir (AJK) and Power Division have agreed to convene expert level meeting on Monday (March 5, 2018) in order to address electricity related matters of AJK. The AJK side will be led by Secretary Energy while the Power Di
Published 01 Mar, 2018 12:00am
FC seizes huge cache of arms in Balochistan: ISPR

FC seizes huge cache of arms in Balochistan: ISPR

Frontier Corps (FC) Balochistan recovered huge cache of arms and ammunition stashed in militants' hideouts during numerous Intelligence-Based Operations (IBOs) in various areas of the restive province. This was stated by Inter-Services Public Relations (I
Published 01 Mar, 2018 12:00am
Education ministry: Rs 11.824 billion budgetary proposals approved

Education ministry: Rs 11.824 billion budgetary proposals approved

A parliamentary panel has approved budgetary proposals of Ministry of Federal Education and Professional Training for financial year 2018-19 with recommendation for allocation of Rs 11.834 billion for 11 ongoing and five new development projects. National
Published 01 Mar, 2018 12:00am
Education ministry: Rs 11.824 billion budgetary proposals approved

Education ministry: Rs 11.824 billion budgetary proposals approved

A parliamentary panel has approved budgetary proposals of Ministry of Federal Education and Professional Training for financial year 2018-19 with recommendation for allocation of Rs 11.834 billion for 11 ongoing and five new development projects. National
Published 01 Mar, 2018 12:00am
JIY stages demo against bombardment on civilians in Syria

JIY stages demo against bombardment on civilians in Syria

Jamaat-i-Islami (JI) Youth Lower Dir chapter on Wednesday staged protest demonstration against ongoing bombardment on innocent civilians in Syria and expressed solidarity with them. Speaking on the occasion JI local leaders Malik Shafiullah, Malik Sher Ba
Published 01 Mar, 2018 12:00am
Jatoi to inaugurate SIDC

Jatoi to inaugurate SIDC

Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi will formally inaugurate Sports Industries Development Centre (SIDC) costing Rs 436 million tomorrow.
Published 01 Mar, 2018 12:00am
Government urged to eradicate irritants in export growth
Exchange

Government urged to eradicate irritants in export growth

Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove the major irritants in export growth. Extreme cash flow crunch is gradually eroding the biggest job providing textile export sector; consequently sizeable textile
Published 01 Mar, 2018 12:00am
CJP holds meeting with PMDC ad hoc body

CJP holds meeting with PMDC ad hoc body

Chief Justice of Pakistan (CJP) Justice Mian Saqib Nisar on Wednesday held a meeting with Adhoc Committee of Pakistan Medical and Dental Council (PMDC). The meeting was attended by the members of the committee headed by Chairman of the Committee, former J
Published 01 Mar, 2018 12:00am
NA body urges government to provide maximum funding to MoI

NA body urges government to provide maximum funding to MoI

National Assembly Standing Committee on Information, Broadcasting and National History and Literary Heritage has asked the government to provide maximum funding to the ministry of information (MoI) for promoting Pakistani culture, heritage, film industry,
Published 01 Mar, 2018 12:00am
ACE investors' claim: out-of-court settlement sought
Exchange

ACE investors' claim: out-of-court settlement sought

The Senate Standing Committee on Finance has directed the Securities and Exchange Commission of Pakistan (SECP) and the National Accountability Bureau (NAB) to meet investors of defaulted ACE Securities Pvt Limited and file an application in the court for
Published 01 Mar, 2018 12:00am
PN ship provides medical aid to Iranian vessel

PN ship provides medical aid to Iranian vessel

While conducting Maritime Security Operations (MSOs) at sea, PNS Shamsheer immediately responded to the emergency call of Iranian Fishing Vessel (FV) BURWARI with 17 x crew members onboard. Master of the fishing vessel requested for medical assistance for
Published 01 Mar, 2018 12:00am
Police take action against protesting teachers

Police take action against protesting teachers

City police Wednesday dragged daily-wage teachers of government schools and colleges of Islamabad into prison vans who have been protesting for last several days against non-payment of their salaries. The male and female teachers gathered at Kashmir Highw
Published 01 Mar, 2018 12:00am
Tenth round of Pakistan-Switzerland political consultations held

Tenth round of Pakistan-Switzerland political consultations held

The 10th round of bilateral political consultations between Pakistan and Switzerland was held in Berne on 26-27 February 2018. Ambassador Zaheer A. Janjua, Additional Secretary (Europe), led the Pakistan delegation, while the Swiss side was headed by Amba
Published 01 Mar, 2018 12:00am
Afghan envoy, NSA exchange views on bilateral ties
Exchange

Afghan envoy, NSA exchange views on bilateral ties

Ambassador of Afghanistan to Pakistan Omar Zakhilwal Wednesday called on National Security Adviser (NSA) Lieutenant General Nasser Khan Janjua and exchanged views on bilateral relations and ongoing efforts for peace and stability in the region. Ambassador
Published 01 Mar, 2018 12:00am
CEO PIA surrenders discretionary powers

CEO PIA surrenders discretionary powers

In order to give a boost to revenues and maintain transparency in the system President and CEO PIA Musharraf Rasool Cyan has withdrawn his discretionary powers to waive off excess baggage authority for all purposes. CEO has ordered a strict monitoring of
Published 01 Mar, 2018 12:00am
Bilawal challenges Shahbaz, Imran to contest from Karachi

Bilawal challenges Shahbaz, Imran to contest from Karachi

As the political atmosphere heats up ahead of the upcoming general election, Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari on Wednesday challenged PML-N's acting president Shahbaz Sharif and PTI chief Imran Khan to contest election from Kar
Published 01 Mar, 2018 12:00am
International moot on women, media and global perspective begins

International moot on women, media and global perspective begins

A two-day international conference on "Women, Media and Global Perspectives" organised by Punjab University's Institute of Communication Studies began here on Wednesday. Norwegian Ambassador Tore Nedrebo was the chief guest. Director ICS Dr Noshina Saleem
Published 01 Mar, 2018 12:00am
Four FC personnel martyred in Quetta attack

Four FC personnel martyred in Quetta attack

At least four security personnel were martyred in a suicide attack near Quetta on Tuesday evening, security sources said. The attack, targeting a Frontier Corps and Levies camp, also injured six personnel of FC.
Published 01 Mar, 2018 12:00am
PCJCCI arranges B2B meetings with Chinese delegation

PCJCCI arranges B2B meetings with Chinese delegation

The Pakistan China Joint Chamber of Commerce and Industry organized B2B meetings of 31-member high profile multi-sector Chinese trade delegation with Pakistani businessmen, investors and entrepreneurs. Deputy Minister China Council for the Promotion of In
Published 01 Mar, 2018 12:00am
Senate polls: ECP writes to ministry for Rangers' deployment

Senate polls: ECP writes to ministry for Rangers' deployment

The Election Commission of Pakistan (ECP) Wednesday wrote to Ministry of Interior for deployment of Rangers/Frontier Corps outside the Parliament and provincial assemblies on the occasion of Senate elections. The polling for 52 seats of Senate is schedule
Published 01 Mar, 2018 12:00am
Mamnoon urges people to promote cultural heritage

Mamnoon urges people to promote cultural heritage

President Mamnoon Hussain on Wednesday said the nations promoting their cultural heritage remained successful in all fields of life. Addressing here at the closing ceremony of Abdul Majeed Parveen Raqam Youth Calligraphy Competition, he said severing ties
Published 01 Mar, 2018 12:00am
Nawaz vows to fight for peoples' rights

Nawaz vows to fight for peoples' rights

Quaid Pakistan Muslim League (PML-N) and former premier Mian Muhammad Nawaz Sharif has said that his party will not respect the ones who do not respect the sanctity of people's mandate and votes. Addressing a public meeting in Kot Momin on Wednesday, Nawa
Published 01 Mar, 2018 12:00am
Dastgir visits Military Accountant General's office

Dastgir visits Military Accountant General's office

Federal Minister for Defence Engineer Khurram Dastgir Khan has directed the Military Accountant General (MAG) to ensure speedy disbursal and efficient handling of accounts of deployed units, widows of martyrs and retired personnel of armed forces. The def
Published 01 Mar, 2018 12:00am
Bani Gala residence: no NOC issued to Imran, SC told

Bani Gala residence: no NOC issued to Imran, SC told

Former secretary of a union council in Bhara Kahu on Wednesday claimed that no objection certificate (NOC) submitted by Chairman Pakistan Tehreek-e-Insaf Imran Khan in the Supreme Court about his Bani Gala residence was never issued by the local authority
Published 01 Mar, 2018 12:00am
Sale of milk at Sunday Bazaars: NA body for investigating matter

Sale of milk at Sunday Bazaars: NA body for investigating matter

National Assembly Standing Committee on National Health Services, Regulations and Coordination here on Wednesday directed the Ministry of National Health to investigate the matter of sale of milk at Sunday Bazaars which is injurious to the health of child
Published 01 Mar, 2018 12:00am
US urges Pak, India to end hostility

US urges Pak, India to end hostility

US State Department spokeswoman Heather Nauert has urged Pakistan and India to negotiate to end hostility in their relations. During a briefing in Washington, Nauert said that US wants both countries to resolve their problems as early as possible for regi
Published 01 Mar, 2018 12:00am
Three member states blocking Pakistan's entry to ASEAN: ministry

Three member states blocking Pakistan's entry to ASEAN: ministry

The Ministry of Commerce and Textile has revealed that three member countries are blocking Pakistan's entry to the Association of Southeast Asian Nations (ASEAN) bloc, which is hampering investment and trade relations with member countries. "Singapore und
Published 01 Mar, 2018 12:00am
Pesco disconnects power supply of defaulters

Pesco disconnects power supply of defaulters

On the directives of PESCO chief executive, recovery campaign against defaulter consumers has been geared up throughout Khyber Pakhtunkhwa. In this connection, teams of Pesco Hangu Division disconnected power supply to defaulters to the areas of Mhomand K
Published 01 Mar, 2018 12:00am
Pak-Philippines JEC's inaugural session held
Exchange

Pak-Philippines JEC's inaugural session held

The inaugural session of Pakistan- Philippines Joint Economic Commission (JEC) was held in the federal capital on February 27-28. The session was co-chaired by Arif Ahmed Khan, Secretary, Economic Affairs Division and Dr Ceferino S Rodolfo, Deputy Ministe
Published 01 Mar, 2018 12:00am
Moonis appears before NAB

Moonis appears before NAB

Pakistan Muslim League-Quaid (PML-Q) leader Chaudhry Moonis Elahi on Wednesday appeared before the National Accountability Bureau (NAB) regional office in Lahore. Moonis Elahi, who is son of former Punjab Chief Minister Chaudhry Pervez Elahi, remained at
Published 01 Mar, 2018 12:00am
What about new job opportunities?

What about new job opportunities?

Dr Hafiz Pasha is one the very few economists in the country who analyses even the most complex economic issues in most simple manner. In his last op-ed for the newspaper, Dr Pasha too has expressed optimism about country's growth prospects. According to
Published 01 Mar, 2018 12:00am
US regulators examine Wall Street's Volcker rule wish list
Exchange

US regulators examine Wall Street's Volcker rule wish list

US regulators are considering changes to the "Volcker rule" that Wall Street has sought for years, including eliminating big banks' responsibility to prove they do not trade on their own account, according to several regulatory and industry sources. Other
Published 01 Mar, 2018 12:00am
Why is there so much fuss over a corruption accused?

Why is there so much fuss over a corruption accused?

Following the arrest of a colleague, Ahad Cheema, by the National Accountability Bureau (NAB) a section of Pakistan Administrative Service officers in Punjab, led by a clique close to the provincial power centre, have been in protest mode. They announced
Published 01 Mar, 2018 12:00am
Chipping away of pillars of state
Currency

Chipping away of pillars of state

Executive is weary of the judiciary. Judiciary is weary of the executive. The parliament is weary of both, feeling ignored by one and threatened by the other. 'Check and balance' principle is in tatters. Each is over-eager to check the others. Balance has
Published 01 Mar, 2018 12:00am
Gas and electricity management

Gas and electricity management

The federal government during the Council of Common Interest (CCI) meeting held on 26 February 2018 offered provinces to take over gas production, transmission and generation activities - an offer reportedly accepted by Sindh and Khyber Pakhtunkhwa (KPK).
Published 01 Mar, 2018 12:00am
Quiet diplomacy
Exchange

Quiet diplomacy

The US has reverted to quiet diplomacy to prevent a complete breakdown of the increasingly dysfunctional relationship with Pakistan. Lisa Curtis, Senior Director for South and Central Asia at the National Security Council, returned to Islamabad for discus
Published 01 Mar, 2018 12:00am
Punjab Assembly passes resolution against NAB
Exchange

Punjab Assembly passes resolution against NAB

The Punjab Assembly on Wednesday passed a resolution against the National Accountability Bureau (NAB) for its actions terming them contrary to human rights and human dignity. The out-of-turn resolution was presented by Law Minister Rana Sanaullah. The res
Published 01 Mar, 2018 12:00am
Punjab Assembly passes resolution against NAB
Exchange

Punjab Assembly passes resolution against NAB

The Punjab Assembly on Wednesday passed a resolution against the National Accountability Bureau (NAB) for its actions terming them contrary to human rights and human dignity. The out-of-turn resolution was presented by Law Minister Rana Sanaullah. The res
Published 01 Mar, 2018 12:00am
Iran wrestling head quits, refusing to lie over facing Israelis

Iran wrestling head quits, refusing to lie over facing Israelis

The head of Iran's wrestling federation resigned on Wednesday after criticising authorities for letting athletes pay the price for the ban on facing Israeli opponents. Wrestling is a hugely popular sport in Iran where Rasoul Khadem, an Olympic gold medall
Published 01 Mar, 2018 12:00am
Iran wrestling head quits, refusing to lie over facing Israelis

Iran wrestling head quits, refusing to lie over facing Israelis

The head of Iran's wrestling federation resigned on Wednesday after criticising authorities for letting athletes pay the price for the ban on facing Israeli opponents. Wrestling is a hugely popular sport in Iran where Rasoul Khadem, an Olympic gold medall
Published 01 Mar, 2018 12:00am
Afghan president unveils plan for peace talks with Taliban

Afghan president unveils plan for peace talks with Taliban

Afghan President Ashraf Ghani on Wednesday unveiled a plan to open peace talks with the Taliban, including eventually recognising them as a political party, days after the militants called for direct negotiations with the US. The apparent openness by both
Published 01 Mar, 2018 12:00am
Afghan president unveils plan for peace talks with Taliban

Afghan president unveils plan for peace talks with Taliban

Afghan President Ashraf Ghani on Wednesday unveiled a plan to open peace talks with the Taliban, including eventually recognising them as a political party, days after the militants called for direct negotiations with the US. The apparent openness by both
Published 01 Mar, 2018 12:00am
Only five declare UAE properties

Only five declare UAE properties

Out of details about 55 Pakistanis'' property transactions provided by the United Arab Emirates (UAE) tax authorities to Pakistan, the Federal Board of Revenue (FBR) has found that only five individuals have declared their UAE properties in tax records.
Published 01 Mar, 2018 12:00am
Only five declare UAE properties

Only five declare UAE properties

Out of details about 55 Pakistanis' property transactions provided by the United Arab Emirates (UAE) tax authorities to Pakistan, the Federal Board of Revenue (FBR) has found that only five individuals have declared their UAE properties in tax records.
Published 01 Mar, 2018 12:00am
Only five declare UAE properties

Only five declare UAE properties

Out of details about 55 Pakistanis' property transactions provided by the United Arab Emirates (UAE) tax authorities to Pakistan, the Federal Board of Revenue (FBR) has found that only five individuals have declared their UAE properties in tax records.
Published 01 Mar, 2018 12:00am
Moody''''s maintains stable outlook for banks

Moody''''s maintains stable outlook for banks

Moody''''s Investors Service says that its outlook for banks in Pakistan (B3 stable) is stable over the next 12-18 months. The outlook is driven by an accelerating economy and stable funding, while also taking into account the banks'''' large holdings of
Published 01 Mar, 2018 12:00am
Moody''s maintains stable outlook for banks

Moody''s maintains stable outlook for banks

Moody''s Investors Service says that its outlook for banks in Pakistan (B3 stable) is stable over the next 12-18 months. The outlook is driven by an accelerating economy and stable funding, while also taking into account the banks'' large holdings of low-
Published 01 Mar, 2018 12:00am
Moody's maintains stable outlook for banks

Moody's maintains stable outlook for banks

Moody's Investors Service says that its outlook for banks in Pakistan (B3 stable) is stable over the next 12-18 months. The outlook is driven by an accelerating economy and stable funding, while also taking into account the banks' large holdings of low-ra
Published 01 Mar, 2018 12:00am
Moody's maintains stable outlook for banks

Moody's maintains stable outlook for banks

Moody's Investors Service says that its outlook for banks in Pakistan (B3 stable) is stable over the next 12-18 months. The outlook is driven by an accelerating economy and stable funding, while also taking into account the banks' large holdings of low-ra
Published 01 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (February 28, 2018) and the forecast for Thursday (March 01, 2018).

Published 01 Mar, 2018 12:00am
Russian hackers infiltrated German ministries' network

Russian hackers infiltrated German ministries' network

Russian hackers have infiltrated Germany's foreign and interior ministries' online networks, German news agency DPA reported Wednesday quoting unnamed security sources. The hacker group known as APT28 - which has been linked to Russia's GRU military intel
Published 01 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 28, 2018).

Published 01 Mar, 2018 12:00am
Son of India's former finance minister arrested

Son of India's former finance minister arrested

The son of India's former finance minister has been arrested as part of a financial misconduct investigation, officials say. Karti Chidambaram is accused of receiving bribes while his father was in office to help a media company get government clearance t
Published 01 Mar, 2018 12:00am
Son of India's former finance minister arrested

Son of India's former finance minister arrested

The son of India's former finance minister has been arrested as part of a financial misconduct investigation, officials say. Karti Chidambaram is accused of receiving bribes while his father was in office to help a media company get government clearance t
Published 01 Mar, 2018 12:00am
CoAS interacts with Army veterans in Karachi

CoAS interacts with Army veterans in Karachi

Chief of Army Staff (CoAS), General Qamar Javed Bajwa interacted with Army veterans in Karachi, said a statement issued here by Inter Services Public Relations (ISPR) on Wednesday. The CoAS will visit Karachi Corps HQ on Thursday for update on security si
Published 01 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 28, 2018).

Published 01 Mar, 2018 12:00am
CoAS interacts with Army veterans in Karachi

CoAS interacts with Army veterans in Karachi

Chief of Army Staff (CoAS), General Qamar Javed Bajwa interacted with Army veterans in Karachi, said a statement issued here by Inter Services Public Relations (ISPR) on Wednesday. The CoAS will visit Karachi Corps HQ on Thursday for update on security si
Published 01 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 28, 2018)

Published 01 Mar, 2018 12:00am
Establishment main hurdle to reach power corridor, claims Fazl

Establishment main hurdle to reach power corridor, claims Fazl

Chief of Jamiat Ulema-e-Islam Fazl (JUI-F) Maulana Fazlur Rehman has said establishment was main hurdle in the way of JUI-F to reach the power corridors. He was addressing conference organised under the auspices of Jamiat Tulba-e-Islam (JTI) here on Wedne
Published 01 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 28, 2018).

Published 01 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 28, 2018).

Published 01 Mar, 2018 12:00am
Two soldiers martyred in unprovoked Indian firing

Two soldiers martyred in unprovoked Indian firing

Two soldiers of Pakistan Army were martyred as Indian Border Security Forces (BSF) resorted to unprovoked firing across the Line of Control (LoC) on Wednesday. Inter-Services Public Relations (ISPR) said that the latest incident of unprovoked firing occur
Published 01 Mar, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee almost maintained the last levels against the dollar on the money market on Wednesday in the process of trading, currency experts said. The rupee held the overnight levels in terms of the dollar for buying and selling at Rs 111.70 and selling at
Published 01 Mar, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee almost maintained the last levels against the dollar on the money market on Wednesday in the process of trading, currency experts said. The rupee held the overnight levels in terms of the dollar for buying and selling at Rs 111.70 and selling at
Published 01 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Wednesday witnessed a positive trend due to fresh buying in various sectors. BRIndex100 gained 34.94 points or 0.76 percent to close at 4,641.19 points. BRIndex100 touched intraday high of 4,647.36 and intraday low of 4,606.28 poin
Published 01 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Wednesday witnessed a positive trend due to fresh buying in various sectors. BRIndex100 gained 34.94 points or 0.76 percent to close at 4,641.19 points. BRIndex100 touched intraday high of 4,647.36 and intraday low of 4,606.28 poin
Published 01 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Wednesday witnessed a positive trend due to fresh buying in various sectors. BRIndex100 gained 34.94 points or 0.76 percent to close at 4,641.19 points. BRIndex100 touched intraday high of 4,647.36 and intraday low of 4,606.28 poin
Published 01 Mar, 2018 12:00am
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