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Print - 2018-03-06
20kg of hashish seized

20kg of hashish seized

Sindh Excise and Taxation department on Monday claimed to have arrested two drugs peddlers and seized 20 kilograms of hashish from Dhabay Jee farmhouse. According to details, the information was received that some drugs peddlers were actively running thei
Published 06 Mar, 2018 12:00am
SHC bars private schools from charging late, extra fees

SHC bars private schools from charging late, extra fees

The Sindh High Court (SHC) on Monday barred private schools in the province from slapping on late fee surcharges and additional fees onto existing school fees. The court issued the ruling on a petition against a government notification on a five to 10 per
Published 06 Mar, 2018 12:00am
PPP braces for mass-contact campaign in Punjab, KP

PPP braces for mass-contact campaign in Punjab, KP

Pakistan Peoples Party (PPP) is preparing to hold public meetings under intensified mass contact campaign in Punjab and Khyber-Pakhtunkhwa ahead of general elections. PPP chairman Bilawal Bhutto-Zardari presided over a meeting at the Bilawal House, here o
Published 06 Mar, 2018 12:00am
Polish mountaineers call off winter K2 summit bid

Polish mountaineers call off winter K2 summit bid

A team of Polish mountaineers attempting the first winter summit of K2, the world's second highest peak, have called off their bid citing bad weather, after a drama-filled expedition which made international headlines. The decision means that K2, in north
Published 06 Mar, 2018 12:00am
Nawaz demands investigations into horse-trading allegations

Nawaz demands investigations into horse-trading allegations

Criticising the recent Supreme Court judgment that barred Pakistan Muslim League-Nawaz (PML-N) candidates from contesting election with party electoral symbol, former Prime Minister Nawaz Sharif Monday said, "They cannot eliminate us by snatching our elec
Published 06 Mar, 2018 12:00am
Zardari condoles death of Jam Saqi

Zardari condoles death of Jam Saqi

Former President of Pakistan and President Pakistan Peoples Party Parliamentarians Asif Ali Zardari has expressed his profound grief and sorrow over the death of a distinguished democrat and a valiant soldier of the rights of people, Jam Saqi. Former Pres
Published 06 Mar, 2018 12:00am
General elections: PEC starts training for Lead Trainers

General elections: PEC starts training for Lead Trainers

The Provincial Election Commission (PEC) started training session for Lead Trainers to further train polling staff for upcoming general elections, here on Monday. The training was being conducted as part of series of trainings launched simultaneously at p
Published 06 Mar, 2018 12:00am
JI's Fata chapter concerned at delay in passage of reforms bill

JI's Fata chapter concerned at delay in passage of reforms bill

Jamaat-e-Islami (JI) Fata expressed concern over delay in passage of the proposed bill from Senate regarding reforms in tribal region and warned it will move the Supreme Court, if the legislation was not passed from the upper house of the parliament forth
Published 06 Mar, 2018 12:00am
Defence minister meets AJK PM

Defence minister meets AJK PM

The Prime Minister of Azad Jammu & Kashmir Raja Farooq Haider called on Federal Minister for Defence, Engr Khurram Dastgir Khan in his office at Ministry of Defence, Rawalpindi on Monday. The Defence Minister appreciated the resilience of the brave citize
Published 06 Mar, 2018 12:00am
PPP, PML-N begin lobbying for Senate chairman's slot

PPP, PML-N begin lobbying for Senate chairman's slot

Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) are engaged in intense lobbying to get control of the Upper House of Parliament for the next three-years. Efforts for the top slot of Chairman Senate began on 4th March, the day followi
Published 06 Mar, 2018 12:00am
Speakers pay tributes to Asma

Speakers pay tributes to Asma

Speakers at a memorial reference on Monday expressed glowing tributes to late Asma Jahangir, a human rights activist and noted lawyer who passed away after a cardiac arrest in Lahore on February 11 last. The condolence reference was organized by Human Rig
Published 06 Mar, 2018 12:00am
Independent candidates: PML Senator seeks Senate chief's ruling

Independent candidates: PML Senator seeks Senate chief's ruling

A member of the ruling Pakistan Muslim League-Nawaz (PML-N) on Monday sought the chairman Senate's ruling on the status of candidates elected as independents to the House, as Constitution is silent on the time limit required for them to join any political
Published 06 Mar, 2018 12:00am
Tehmina to leave for US today

Tehmina to leave for US today

Foreign Secretary Tehmina Janjua will leave for the United States on Tuesday on a weeklong visit where she would hold talks with senor officials at the State Department on issues of mutual interest. Sources said that during her stay at the US, Secretary J
Published 06 Mar, 2018 12:00am
Election Act 2017: IHC seeks details of NA, Senate proceedings

Election Act 2017: IHC seeks details of NA, Senate proceedings

The Islamabad High Court (IHC) Monday directed secretaries of National Assembly and Senate to submit details of proceedings regarding passing of the Election Act, 2017. One-member bench of IHC comprising Justice Shaukat Aziz Siddiqui issued these directio
Published 06 Mar, 2018 12:00am
Desalination plant in Gwadar

Desalination plant in Gwadar

One of the most precious commodities in Gwadar district is water. Petty thieves mostly target water than anything else during the discharge of their professional activities. In this area, water tanks are often protected through padlocks. It is therefore h
Published 06 Mar, 2018 12:00am
As Congress moves to drop tariffs, some US firms cry foul

As Congress moves to drop tariffs, some US firms cry foul

Michael Korchmar was hiring. His family-owned travel-goods company was planning to make a new product, an insulated food bag, and he had put out help-wanted notices for up to 30 workers to run the sewing machines in his small factory on Florida's Gulf Coa
Published 06 Mar, 2018 12:00am
Senate elections and after

Senate elections and after

The dust had barely settled on the Senate elections on the 52 seats of the retiring members or half the house when the results indicated that the rumours of horse-trading may not have been without foundation. Both Nawaz Sharif and Imran Khan have asked fo
Published 06 Mar, 2018 12:00am
Growth in tax revenues

Growth in tax revenues

Tax revenues have shown buoyancy in the first half of 2017-18. The overall growth rate in these revenues of the federal and provincial governments combined is 16 percent. During the corresponding period of 2016-17, the growth rate was substantially lower
Published 06 Mar, 2018 12:00am
Senate elections: results feed euphoria and doubts

Senate elections: results feed euphoria and doubts

The results of mid-term Senate elections are notable more for the upsets these have caused to major parties than the wins. Until a few months ago, the PML-N was almost certain of gaining majority in the upper house. In the event, although it has emerged a
Published 06 Mar, 2018 12:00am
Rising deficit in services
Exchange

Rising deficit in services

The country's services sector posted a trade deficit of 2.95 billion dollars during the first seven months of the current fiscal year (July-January) - higher than 2.685 billion dollars during the comparable period of the year before. In 2008, the services
Published 06 Mar, 2018 12:00am
NAB KP arrests ex-DC, TMO, Tehsil Nazim and others

NAB KP arrests ex-DC, TMO, Tehsil Nazim and others

National Accountability Bureau (NAB) Khyber Pakhtunkhwa Monday arrested accused Dildar Muhammad Danish, ex-Deputy Commissioner Shangla, presently working as Additional Deputy Commissioner Mardan, accused Muhammad Mansoor Haider, TMO Tehsil Purn, accused I
Published 06 Mar, 2018 12:00am
ECP releases preliminary list of constituencies' delimitation

ECP releases preliminary list of constituencies' delimitation

The Election Commission of Pakistan on Monday released preliminary lists of delimitation of National Assembly and provincial assemblies. The voters can file objections to the new delimitations till April 3 as the preliminary list of the delimitations is j
Published 06 Mar, 2018 12:00am
Efforts being made again to put Nawaz behind bar: Saad

Efforts being made again to put Nawaz behind bar: Saad

Pakistan Muslim League-Nawaz (PML-N) senior leader Khawaja Saad Rafique has claimed that efforts are being made again to put the former Prime Minister Nawaz Sharif behind the bar who made the country a nuclear power. He made this disclosure while addressi
Published 06 Mar, 2018 12:00am
CoAS opens Turbat-Buleda Road

CoAS opens Turbat-Buleda Road

On the second day of his visit to Balochistan, Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Awaran and inaugurated work for Turbat-Buleda Road and earth breaking for construction of Cadet College Awaran (CCA) at Jhao, said a press release
Published 06 Mar, 2018 12:00am
CoAS opens Turbat-Buleda Road

CoAS opens Turbat-Buleda Road

On the second day of his visit to Balochistan, Chief of Army Staff (CoAS) General Qamar Javed Bajwa visited Awaran and inaugurated work for Turbat-Buleda Road and earth breaking for construction of Cadet College Awaran (CCA) at Jhao, said a press release
Published 06 Mar, 2018 12:00am
South Korean envoys in historic trip to North, meet Kim

South Korean envoys in historic trip to North, meet Kim

The most senior South Koreans to travel to North Korea for more than a decade met leader Kim Jong Un Monday, a Seoul official said, the latest step in an Olympics-driven rapprochement on the divided peninsula. The delegation, representing the South's Pres
Published 06 Mar, 2018 12:00am
South Korean envoys in historic trip to North, meet Kim

South Korean envoys in historic trip to North, meet Kim

The most senior South Koreans to travel to North Korea for more than a decade met leader Kim Jong Un Monday, a Seoul official said, the latest step in an Olympics-driven rapprochement on the divided peninsula. The delegation, representing the South's Pres
Published 06 Mar, 2018 12:00am
Government takes stock of power situation

Government takes stock of power situation

As the next general elections draw nearer, Prime Minister Abbasi-led administration is becoming cautious about demand-supply and generation situation of electricity in the country where circular debt poses challenge to the power production. On Monday, Pri
Published 06 Mar, 2018 12:00am
Government takes stock of power situation

Government takes stock of power situation

As the next general elections draw nearer, Prime Minister Abbasi-led administration is becoming cautious about demand-supply and generation situation of electricity in the country where circular debt poses challenge to the power production. On Monday, Pri
Published 06 Mar, 2018 12:00am
Government takes stock of power situation

Government takes stock of power situation

As the next general elections draw nearer, Prime Minister Abbasi-led administration is becoming cautious about demand-supply and generation situation of electricity in the country where circular debt poses challenge to the power production. On Monday, Pri
Published 06 Mar, 2018 12:00am
Mobile phones: RD valid, lawful even on imports from Beijing: SC

Mobile phones: RD valid, lawful even on imports from Beijing: SC

The Supreme Court Monday declared that the imposition of regulatory duty on mobile phones is valid and lawful even in the cases of import from Beijing under the agreement between Pakistan and China. A three-member bench, headed by Justice Ejaz Afzal, hear
Published 06 Mar, 2018 12:00am
Mobile phones: RD valid, lawful even on imports from Beijing: SC

Mobile phones: RD valid, lawful even on imports from Beijing: SC

The Supreme Court Monday declared that the imposition of regulatory duty on mobile phones is valid and lawful even in the cases of import from Beijing under the agreement between Pakistan and China. A three-member bench, headed by Justice Ejaz Afzal, hear
Published 06 Mar, 2018 12:00am
Mobile phones: RD valid, lawful even on imports from Beijing: SC

Mobile phones: RD valid, lawful even on imports from Beijing: SC

The Supreme Court Monday declared that the imposition of regulatory duty on mobile phones is valid and lawful even in the cases of import from Beijing under the agreement between Pakistan and China. A three-member bench, headed by Justice Ejaz Afzal, hear
Published 06 Mar, 2018 12:00am
Pakistan, Nepal agree to boost economic, defence ties

Pakistan, Nepal agree to boost economic, defence ties

Prime Minister Shahid Khaqan Abbasi and Nepal''''s Prime Minister Khadga Prasad Sharma Oli met here on Monday and agreed to enhance cooperation in areas of economy, defence and culture. Prime Minister Abbasi, who arrived in the Himalayan city to felicitat
Published 06 Mar, 2018 12:00am
Pakistan, Nepal agree to boost economic, defence ties

Pakistan, Nepal agree to boost economic, defence ties

Prime Minister Shahid Khaqan Abbasi and Nepal''s Prime Minister Khadga Prasad Sharma Oli met here on Monday and agreed to enhance cooperation in areas of economy, defence and culture. Prime Minister Abbasi, who arrived in the Himalayan city to felicitate
Published 06 Mar, 2018 12:00am
Pakistan, Nepal agree to boost economic, defence ties

Pakistan, Nepal agree to boost economic, defence ties

Prime Minister Shahid Khaqan Abbasi and Nepal's Prime Minister Khadga Prasad Sharma Oli met here on Monday and agreed to enhance cooperation in areas of economy, defence and culture. Prime Minister Abbasi, who arrived in the Himalayan city to felicitate h
Published 06 Mar, 2018 12:00am
Pakistan, Nepal agree to boost economic, defence ties

Pakistan, Nepal agree to boost economic, defence ties

Prime Minister Shahid Khaqan Abbasi and Nepal's Prime Minister Khadga Prasad Sharma Oli met here on Monday and agreed to enhance cooperation in areas of economy, defence and culture. Prime Minister Abbasi, who arrived in the Himalayan city to felicitate h
Published 06 Mar, 2018 12:00am
Trump 'may' attend US embassy opening in Jerusalem

Trump 'may' attend US embassy opening in Jerusalem

Donald Trump said he may attend the opening of a controversial new US embassy in Jerusalem, a fraught prospect designed to underscore close ties with Benjamin Netanyahu, as he hosted the Israeli leader at the White House on Monday. The embattled US presid
Published 06 Mar, 2018 12:00am
Trump 'may' attend US embassy opening in Jerusalem

Trump 'may' attend US embassy opening in Jerusalem

Donald Trump said he may attend the opening of a controversial new US embassy in Jerusalem, a fraught prospect designed to underscore close ties with Benjamin Netanyahu, as he hosted the Israeli leader at the White House on Monday. The embattled US presid
Published 06 Mar, 2018 12:00am
Left-leaning politician Jam Saqi passes away

Left-leaning politician Jam Saqi passes away

Renowned septuagenarian Sindhi politician and rights activist Jam Saqi passed away in Hyderabad on Monday. According to the family sources, Jam Saqi died because of kidney failure although he had been suffering from multiple diseases. He will be laid to r
Published 06 Mar, 2018 12:00am
Left-leaning politician Jam Saqi passes away

Left-leaning politician Jam Saqi passes away

Renowned septuagenarian Sindhi politician and rights activist Jam Saqi passed away in Hyderabad on Monday. According to the family sources, Jam Saqi died because of kidney failure although he had been suffering from multiple diseases. He will be laid to r
Published 06 Mar, 2018 12:00am
China's NPC rejects allegation for using BRI as geo-strategic tool

China's NPC rejects allegation for using BRI as geo-strategic tool

The National People's Congress (NPC), China's top legislature spokesperson Zhang Yesui has rebutted a comment that the Belt and Road Initiative (BRI) is a "geo-strategic tool", saying that the BRI has been successful so far and such comment is a "misinter
Published 06 Mar, 2018 12:00am
'Gwadar to transform destiny of Balochistan'

'Gwadar to transform destiny of Balochistan'

Punjab University Centre for South Asian Studies (CSAS) and Department of Political Science organised a seminar on "China-Pakistan Economic Corridor & Significance of Gwadar Port" at its auditorium. Brigadier Nadir Mir (retd) was the keynote speaker while
Published 06 Mar, 2018 12:00am
Four-member gang involved in killing of Chinese woman busted

Four-member gang involved in killing of Chinese woman busted

Inspector General of Islamabad Police (IGP) Sultan Azam Temuri has said that city police busted four-member gang involved in killing a Chinese woman during a robbery at her house and looting foreigners, especially Chinese nationals. Addressing a press con
Published 06 Mar, 2018 12:00am
The NAB noose tightens

The NAB noose tightens

The National Accountability Bureau (NAB) on Monday approved filing of three supplementary corruption references against former Prime Minister Nawaz Sharif and his family in connection with three corruption references filed earlier by the anti-graft body i
Published 06 Mar, 2018 12:00am
The NAB noose tightens

The NAB noose tightens

The National Accountability Bureau (NAB) on Monday approved filing of three supplementary corruption references against former Prime Minister Nawaz Sharif and his family in connection with three corruption references filed earlier by the anti-graft body i
Published 06 Mar, 2018 12:00am
BRIndex100 crawls up
Exchange

BRIndex100 crawls up

Pakistan Stock Exchange Monday managed to close in positive zone on the back of select buying at the fag end. BRIndex100 gained 13.53 points or 0.29 percent to close at 4,727.18 points. BRIndex100 touched intraday high of 4,732.80 and intraday low of 4,70
Published 06 Mar, 2018 12:00am
BRIndex100 crawls up
Exchange

BRIndex100 crawls up

Pakistan Stock Exchange Monday managed to close in positive zone on the back of select buying at the fag end. BRIndex100 gained 13.53 points or 0.29 percent to close at 4,727.18 points. BRIndex100 touched intraday high of 4,732.80 and intraday low of 4,70
Published 06 Mar, 2018 12:00am
BRIndex100 crawls up
Exchange

BRIndex100 crawls up

Pakistan Stock Exchange Monday managed to close in positive zone on the back of select buying at the fag end. BRIndex100 gained 13.53 points or 0.29 percent to close at 4,727.18 points. BRIndex100 touched intraday high of 4,732.80 and intraday low of 4,70
Published 06 Mar, 2018 12:00am
China's defence spending to accelerate

China's defence spending to accelerate

China announced on Monday an 8.1 percent defence budget increase for 2018, giving a boost to the modernisation of the world's largest military after spending slowed in the previous two years. Beijing will splash out 1.11 trillion yuan ($175 billion) on it
Published 06 Mar, 2018 12:00am
China's defence spending to accelerate

China's defence spending to accelerate

China announced on Monday an 8.1 percent defence budget increase for 2018, giving a boost to the modernisation of the world's largest military after spending slowed in the previous two years. Beijing will splash out 1.11 trillion yuan ($175 billion) on it
Published 06 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Monday (March 05, 2018) and the forecast for Tuesday (March 06, 2018).

Published 06 Mar, 2018 12:00am
Russian company eyeing up PSM deal

Russian company eyeing up PSM deal

As US influence in Islamabad wanes, Pakistan''s former adversary Russia is building military, diplomatic and economic ties that could upend historic alliances in the region and open up a fast-growing gas market for Moscow''s energy companies. Russia''s em
Published 06 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 05, 2018).

Published 06 Mar, 2018 12:00am
Russian company eyeing up PSM deal

Russian company eyeing up PSM deal

As US influence in Islamabad wanes, Pakistan's former adversary Russia is building military, diplomatic and economic ties that could upend historic alliances in the region and open up a fast-growing gas market for Moscow's energy companies. Russia's embra
Published 06 Mar, 2018 12:00am
Russian company eyeing up PSM deal

Russian company eyeing up PSM deal

As US influence in Islamabad wanes, Pakistan's former adversary Russia is building military, diplomatic and economic ties that could upend historic alliances in the region and open up a fast-growing gas market for Moscow's energy companies. Russia's embra
Published 06 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 05, 2018).

Published 06 Mar, 2018 12:00am
NIP BoD for removal of CEO

NIP BoD for removal of CEO

The Board of Directors (BoD) National Industrial Parks (NIP) Development and Management Company has recommended to the Secretary Industries and Production (MoI&P) to remove company''s incumbent CEO Mudassar Iqbal, for allegedly extending undue financial f
Published 06 Mar, 2018 12:00am
NIP BoD for removal of CEO

NIP BoD for removal of CEO

The Board of Directors (BoD) National Industrial Parks (NIP) Development and Management Company has recommended to the Secretary Industries and Production (MoI&P) to remove company's incumbent CEO Mudassar Iqbal, for allegedly extending undue financial fa
Published 06 Mar, 2018 12:00am
NIP BoD for removal of CEO

NIP BoD for removal of CEO

The Board of Directors (BoD) National Industrial Parks (NIP) Development and Management Company has recommended to the Secretary Industries and Production (MoI&P) to remove company's incumbent CEO Mudassar Iqbal, for allegedly extending undue financial fa
Published 06 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 05, 2018)

Published 06 Mar, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 05, 2018).

Published 06 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 05, 2018).

Published 06 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 05, 2018).

Published 06 Mar, 2018 12:00am
THE RUPEE: rising trend
Currency

THE RUPEE: rising trend

The rupee appreciated against the dollar on the money market on Monday in the process of trading, experts said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 110.57 and Rs 110.58 respectively, they said.
Published 06 Mar, 2018 12:00am
THE RUPEE: rising trend
Currency

THE RUPEE: rising trend

The rupee appreciated against the dollar on the money market on Monday in the process of trading, experts said. The rupee was almost unchanged versus the dollar for buying and selling at Rs 110.57 and Rs 110.58 respectively, they said.
Published 06 Mar, 2018 12:00am
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