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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-03-17
Sri Lankan rupee hits new low
Currency

Sri Lankan rupee hits new low

The Sri Lankan rupee hit an all-time low for a second straight session on Friday due to importer dollar demand, but ended steady as exporters sold the US currency in late trade, dealers said. The rupee fell to a low of 156.20 per dollar in intraday trade,
Published 17 Mar, 2018 12:00am
Sterling slips on dollar rebound, Brexit nerves
Currency

Sterling slips on dollar rebound, Brexit nerves

Sterling fell on Friday as the dollar rebounded across the board but it is still set for its biggest weekly rise in a month as investors became cautiously hopeful that Britain would strike a transition deal at a summit next week for its EU exit. The dolla
Published 17 Mar, 2018 12:00am
Aussie, kiwi under pressure
Currency

Aussie, kiwi under pressure

The Australian and New Zealand dollars were under pressure on Friday as a fresh bout of risk aversion gripped market, in part due to concerns about a global trade war and rapid-fire changes in top White House staff. The Aussie dollar slipped further to $0
Published 17 Mar, 2018 12:00am
Zimbabwe skipper hails Ireland win as 'best of his career'

Zimbabwe skipper hails Ireland win as 'best of his career'

Zimbabwe captain Graeme Cremer reveled in the "game of (his) career" after his team's 107-run victory over Ireland in their World Cup qualifying clash in Harare on Thursday. Scrapping to 211 for 9, Zimbabwe then bowled Ireland out for 104, taking virtuall
Published 17 Mar, 2018 12:00am
Nepal captain delights in 'massive' ODI status

Nepal captain delights in 'massive' ODI status

Nepal skipper Paras Khadka hailed his "amazing" team after they secured one-day international status for the first time with a six-wicket victory over Papua New Guinea in Harare on Thursday. The Asian side were in the World Cricket League Division Five as
Published 17 Mar, 2018 12:00am
First K-Electric Girls Football League begins

First K-Electric Girls Football League begins

A launching ceremony of first K-Electric Girls' Football League was held at the KPT Sports Complex, here on Friday. The initiative makes K-Electric the first corporate entity in the country to organize an exclusive female football tournament. Colonel Youn
Published 17 Mar, 2018 12:00am
Pakistan takes pride in producing FIFA World Cup 2018 ball

Pakistan takes pride in producing FIFA World Cup 2018 ball

Forward Group, an innovative sports company of Pakistan presented the large replica of football to the Secretary Commerce Mohammad Younus Dagha which will be used in the FIFA World Cup 2018. Forward Group is an innovation driven football making company wh
Published 17 Mar, 2018 12:00am
Haas retires from ATP Tour

Haas retires from ATP Tour

Former world number two Tommy Haas, who won 15 singles titles throughout his career, announced his retirement from the ATP Tour on Thursday. "I consider myself extremely fortunate that I was able play professional tennis for a living for more than two dec
Published 17 Mar, 2018 12:00am
Cricket world cup can give street children 'a voice': ex-British PM

Cricket world cup can give street children 'a voice': ex-British PM

Former British prime minister John Major hopes the 2019 Street Child Cricket World Cup will shame people around the globe into taking action to tackle the "unforgivable" conditions in which they live. The event, which will take place in London ahead of th
Published 17 Mar, 2018 12:00am
All set to host PSL matches in Lahore

All set to host PSL matches in Lahore

Lahore is all set to host Pakistan Super League (PSL) knock out stage matches with full fervour and these matches will definitely prove to be good omen for the future of Pakistan cricket, Punjab Secretary Sports Muhammad Aamir Jan said on Friday. He furth
Published 17 Mar, 2018 12:00am
Venus sets up semi-final clash with Kasatkina
Kerb

Venus sets up semi-final clash with Kasatkina

Seven-time Grand Slam winner Venus Williams reached the WTA Indian Wells semi-finals for the first time since 2001 on Thursday by routing Carla Suarez Navarro of Spain 6-3, 6-2. Despite the windy conditions, Williams improved to 5-2 on the season, which i
Published 17 Mar, 2018 12:00am
Narine's bowling action reported again

Narine's bowling action reported again

West Indian spinner Sunil Narine faced a new storm on Thursday when his bowling action was again reported during the ongoing Pakistan Super League Twenty 20 tournament in the United Arab Emirates, officials said. The 29-year-old, who is playing for Lahore
Published 17 Mar, 2018 12:00am
Injured Sharapova withdraws from Miami Open

Injured Sharapova withdraws from Miami Open

Maria Sharapova has withdrawn from next week's Miami Open after suffering an injury to her left forearm, organisers announced on Friday. The five-time Grand Slam champion has been replaced in the main draw for the Florida showpiece by American Jennifer Br
Published 17 Mar, 2018 12:00am
Federer chases Chung to reach semi-finals

Federer chases Chung to reach semi-finals

Defending champ Roger Federer equalled his best start to a season with a 7-5, 6-1 win over Chung Hyeon to book his spot in the semi-finals of the Indian Wells Masters on Thursday. Federer, who is seeking a record sixth Indian Wells title, extended his win
Published 17 Mar, 2018 12:00am
Bangladesh edge out Sri Lanka in bad-tempered T20, enter final
Exchange

Bangladesh edge out Sri Lanka in bad-tempered T20, enter final

Mahmudullah Riyad hit an unbeaten 43 to help Bangladesh edge out Sri Lanka by two wickets in a bad-tempered Twenty20 and enter the final of the tri-series in Colombo on Friday. Chasing 160 for victory in a virtual semi-final, Mahmudullah steered the team
Published 17 Mar, 2018 12:00am
Shanghai copper down
Exchange

Shanghai copper down

The most-traded May copper contract on the Shanghai Futures Exchange closed down 0.5 percent at 52,120 yuan ($8,238.88) on Friday but posted a weekly gain of 1.1 percent with the dollar giving up some of Thursday's gains following reports of another shake
Published 17 Mar, 2018 12:00am
Copper dips on dollar and politics; China hopes limit falls
Exchange

Copper dips on dollar and politics; China hopes limit falls

Copper hit a one-week low on Friday as the dollar recovered and concerns lingered that US tariffs could provoke a trade war, though hopes for strong growth in China kept losses in check. The dollar recovered its losses versus a currency basket while Wall
Published 17 Mar, 2018 12:00am
Angola drops Trafigura as Glencore and Total win major fuel tender

Angola drops Trafigura as Glencore and Total win major fuel tender

Angolan state oil company Sonangol awarded its rare refined products buy tender to Glencore and Total, Sonangol said on Friday, cutting out long-time supplier Trafigura. Total will supply Angola with gasoline while Glencore will supply diesel and marine d
Published 17 Mar, 2018 12:00am
Oil prices jump, Brent hits highest in more than two weeks

Oil prices jump, Brent hits highest in more than two weeks

Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as US stock prices rose and investors covered short bets ahead of a weekend in which the US news program "60 Minutes" will air an interview with Saudi Arabi
Published 17 Mar, 2018 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures ended down 1.7 percent on Friday, coming under pressure from a stronger yen and weak Shanghai futures amid concerns over rising stockpiles. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in So
Published 17 Mar, 2018 12:00am
Palm oil falls on rising production outlook
Vegetable Oil

Palm oil falls on rising production outlook

Malaysian palm oil futures fell one percent on Friday, ending four straight days of gains on forecasts for rising production in March. "Production figures are likely to be higher this month," said a Kuala Lumpur based trader, as March has more working day
Published 17 Mar, 2018 12:00am
White sugar extends losses to 2-1/2-year low, arabica coffee down

White sugar extends losses to 2-1/2-year low, arabica coffee down

White sugar futures on ICE extended losses to a 2-1/2-year low on Friday, while arabica coffee fell to its weakest point in 9 months as expectations for abundant global supplies pressured both markets. May white sugar settled down 70 cents, or 0.2 percent
Published 17 Mar, 2018 12:00am
Gold dips in New York
Currency

Gold dips in New York

Gold prices dipped on Thursday, under pressure from a stronger US dollar, although tensions between Britain and Russia limited the precious metal's decline a day after it hit a one-week high. The dollar rose versus a currency basket as traders, awaiting n
Published 17 Mar, 2018 12:00am
Gold rises in Asia
Exchange

Gold rises in Asia

Gold prices edged higher on Friday, supported by a weaker dollar and safe-haven demand amid US political concerns and tensions between the United Kingdom and Russia. However, further gains were capped by expectations that the US Federal Reserve would rais
Published 17 Mar, 2018 12:00am
Gold falls in Europe

Gold falls in Europe

Gold prices were set for their biggest weekly fall in a month on Friday, pushed lower by a stronger dollar and expectations that the US Federal Reserve will raise interest rates next week for the first time this year. Losses were limited, however, by poli
Published 17 Mar, 2018 12:00am
US MIDDAY Wheat drops
Exchange

US MIDDAY Wheat drops

Chicago wheat futures dropped to a 2-1/2-week low on Friday on outlooks for rains by this weekend that should alleviate stress on some crops in the parched US Plains growing region, traders said. CBOT May contract wheat settled down 11 cents at $4.67-3/4
Published 17 Mar, 2018 12:00am
US MIDDAY: gold dips

US MIDDAY: gold dips

Gold prices dipped on Friday and were set for their biggest weekly fall in three weeks on pressure from a stronger US dollar and expectations that the US Federal Reserve will raise interest rates next week for the first time this year. Losses were limited
Published 17 Mar, 2018 12:00am
Thousands of Slovaks protest government despite new Prime Minister

Thousands of Slovaks protest government despite new Prime Minister

Tens of thousands of protesters took to the streets across Slovakia on Friday to call for snap elections, saying the premier's resignation was not enough to fix what they see as a corrupt government. The local Dennik N newspaper said about 50,000 people t
Published 17 Mar, 2018 12:00am
African, EU states focus anti-trafficking efforts at source

African, EU states focus anti-trafficking efforts at source

Thirteen African and European countries and the EU agreed Friday that efforts to crack down on migrant trafficking to Europe should also focus on economic woes that prompt poor Africans to seek a better life in Europe. In ministerial-level talks, they agr
Published 17 Mar, 2018 12:00am
US congresswoman Louise Slaughter dies

US congresswoman Louise Slaughter dies

Louise Slaughter, a pioneering Democratic US lawmaker who rose to become the first female chair of the House Rules Committee, died Friday after suffering a concussion in a fall, her office announced. She was 88. First elected to Congress in 1986 in wester
Published 17 Mar, 2018 12:00am
Seven US personnel killed in Iraq helicopter crash

Seven US personnel killed in Iraq helicopter crash

Seven US troops were killed when their helicopter crashed during a transport mission in western Iraq, a defense official told AFP Friday. The Sikorsky HH-60 Pave Hawk chopper was on a routine troop transport operation Thursday flying from Iraq to Syria wh
Published 17 Mar, 2018 12:00am
Macron, Merkel promise EU reform roadmap by June

Macron, Merkel promise EU reform roadmap by June

French President Emmanuel Macron called Friday for a "clear, ambitious" roadmap for EU reforms by June as he sought crucial support for his shake-up of the bloc from German Chancellor Angela Merkel. Speaking after talks between the two leaders in Paris, M
Published 17 Mar, 2018 12:00am
European powers propose new Iran sanctions to meet Trump ultimatum

European powers propose new Iran sanctions to meet Trump ultimatum

Britain, France and Germany have proposed fresh EU sanctions on Iran over its ballistic missiles and its role in Syria's war, according to a confidential document, in a bid to persuade Washington to preserve the 2015 nuclear deal with Tehran. The joint pa
Published 17 Mar, 2018 12:00am
UN launches $1 billion Rohingya refugee appeal

UN launches $1 billion Rohingya refugee appeal

The United Nations on Friday launched an appeal for nearly $1 billion to care for Rohingya refugees in Bangladesh, while underscoring that efforts must remain focused on securing the safe return to Myanmar of those displaced. UN agencies asked for $951 mi
Published 17 Mar, 2018 12:00am
Brosnan says Indian company 'cheated' him over mouth freshener ads

Brosnan says Indian company 'cheated' him over mouth freshener ads

Former 007 star Pierce Brosnan has told Indian authorities he was "cheated" by a company that employed him to promote its mouth freshener brand, officials said Friday. Brosnan first appeared in the adverts on TV channels, newspapers and billboards in 2016
Published 17 Mar, 2018 12:00am
Air India to fly over Saudi airspace to Israel

Air India to fly over Saudi airspace to Israel

India's state-run carrier Air India said Friday it will fly over Saudi airspace to Tel Aviv, a move that ends a decades-long Saudi ban on the use of its airspace for flights to Israel. The decision comes at a time of growing ties between India and several
Published 17 Mar, 2018 12:00am
Hillary Clinton fractures hand on India trip

Hillary Clinton fractures hand on India trip

Hillary Clinton has fractured her hand during a tour of India, reportedly slipping in a bathtub at a luxury hotel in a former palace. A doctor at the private Goyal Hospital told AFP Friday that Clinton had undergone screening after suffering pain in her r
Published 17 Mar, 2018 12:00am
Two Israeli soldiers killed in West Bank car ramming

Two Israeli soldiers killed in West Bank car ramming

Two Israelis soldiers were killed and two others injured when a Palestinian rammed a car into a group of troops in the occupied West Bank on Friday, the Israeli army said. The four were struck when the car ploughed into their group close to the settlement
Published 17 Mar, 2018 12:00am
South Korea, US to scale down military drills

South Korea, US to scale down military drills

South Korea and the United States will scale down and shorten annual joint military exercises in light of a diplomatic thaw with Pyongyang, a report said Friday. The Key Resolve and Foal Eagle drills held every spring regularly infuriate the nuclear-armed
Published 17 Mar, 2018 12:00am
Turkish fire on Syria's Afrin kills 18 civilians: monitor

Turkish fire on Syria's Afrin kills 18 civilians: monitor

Turkish artillery fire on the Kurdish-majority enclave of Afrin in northern Syria killed at least 18 civilians on Friday, a monitor said. "Since midnight (2200 GMT Thursday), 18 civilians, including five children, were killed by Turkish artillery fire on
Published 17 Mar, 2018 12:00am
German consulate in Greece occupied over Afrin

German consulate in Greece occupied over Afrin

Germany's consulate on the Greek island of Crete was briefly occupied Friday by protesters decrying Turkey's offensive in the Syrian enclave of Afrin, police said. "A group of persons entered the consulate, took down frames from the walls and put up banne
Published 17 Mar, 2018 12:00am
Death and exodus as two Syria assaults escalate

Death and exodus as two Syria assaults escalate

Air strikes killed dozens of civilians in Eastern Ghouta and forced thousands to flee their homes Friday as Syrian and allied forces pressed their blistering assault on the six-year-old rebel stronghold. At least 76 civilians were killed as the toll for t
Published 17 Mar, 2018 12:00am
How to make external trade strategy work
Exchange

How to make external trade strategy work

The good news is that Strategic Trade Policy Framework (STPF) (2018-23) seeks to increase exports to $61 billion by 2023 with a minimum target of $36.2 billion which is roughly equal to $35 billion target of STPF 2015-18. Integration to global value chain
Published 17 Mar, 2018 12:00am
KP CM's plaint cell recovers Rs 1.8 billion

KP CM's plaint cell recovers Rs 1.8 billion

Chief Minister's Complaints & Redressal Cell, Khyber Pakhtunkhwa has made a record recovery of Rs 1.8 billion from different public sector departments of the provincial government. The cell since its inception after the assuming of power by PTI in the pro
Published 17 Mar, 2018 12:00am
PR losses may jump to around Rs 43 billion by end 2017-2018

PR losses may jump to around Rs 43 billion by end 2017-2018

Pakistan Railways losses were Rs 25 billion in the first eight months of the current fiscal year (July-February) but are projected to cross the 2016-17 total of Rs 40 billion, while total revenue has increased, sources revealed to Business Recorder.</i
Published 17 Mar, 2018 12:00am
Home Textile Exports: Naqi Bari made FPCCI body chief

Home Textile Exports: Naqi Bari made FPCCI body chief

President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Ghazanfar Bilour has appointed Muhammad Naqi Bari as Chairman of FPCCI Standing Committee on Home Textile Exports for the year 2018 in view of increasing business development an
Published 17 Mar, 2018 12:00am
'Demand for automobiles may cross 0.5 million mark by 2022'

'Demand for automobiles may cross 0.5 million mark by 2022'

Following progressive macroeconomic indicators, the demand for automobiles is expected to cross 500,000 mark by 2022. This was anticipated by speakers at an annual Auto Industry Workshop organized by Indus Motor Company (IMC) in collaboration with Pakista
Published 17 Mar, 2018 12:00am
KMC removes illegal Bachat Bazaar

KMC removes illegal Bachat Bazaar

Enterprises and Investment Promotion (E&IP) department officials of Karachi Metropolitan Corporation (KMC) on Friday removed a 'Bachat Bazaar' that was setup at Jefco Ground, in North Nazimabad's Block-L, without KMC's permission. The action was spearhead
Published 17 Mar, 2018 12:00am
WWF-Pakistan, Customs ink MoU to curb wildlife trade

WWF-Pakistan, Customs ink MoU to curb wildlife trade

WWF-Pakistan and Pakistan Customs signed a Memorandum of Understanding (MoU) on Friday to work together through innovative means to curb illegal wildlife trade in Pakistan. The collaboration will contribute towards enhancing capacities of Pakistan Customs
Published 17 Mar, 2018 12:00am
Raiwind suicide attack Another cop succumbs to injuries

Raiwind suicide attack Another cop succumbs to injuries

The death toll of the Raiwind suicide attack on a police check-post reached 11 after another victim succumbed to injuries in a local hospital on Friday morning. On Wednesday night, a Tehreek-e-Taliban Pakistan (Fazalullah group) sponsored attacker blew hi
Published 17 Mar, 2018 12:00am
Shahbaz reviews law and order situation ahead of PSL semi-finals

Shahbaz reviews law and order situation ahead of PSL semi-finals

Punjab Chief Minister Shahbaz Sharif presided over a high-level meeting to review the law and order situation here on Friday. The meeting strongly condemned the Raiwind blast and paid tributes to great sacrifices of police officials and other martyrs. It
Published 17 Mar, 2018 12:00am
Health staff's coverage improves with PITB's App

Health staff's coverage improves with PITB's App

Over 3,000 health facilities across the Punjab under e-monitoring through android phones by 281 health officers including the Chief Executive Officer (CEO) Health, District Officer Health (DOH) and Deputy District Officer Health (DDOH) under Health Watch
Published 17 Mar, 2018 12:00am
PPDWP okays another Rs 2.1 billion for Punjab Assembly building

PPDWP okays another Rs 2.1 billion for Punjab Assembly building

The Punjab Provincial Development Working Party has approved an expense of Rs 2.1 billion, Rs 742 million more than the original estimated cost of additional building of the Punjab Assembly. The project had been in limbo since 2005 and its cost had alread
Published 17 Mar, 2018 12:00am
Abid Boxer not extradited to Pakistan, FIA tells LHC

Abid Boxer not extradited to Pakistan, FIA tells LHC

The Federal Investigation Agency (FIA) on Friday told the Lahore High Court that former police inspector Abid Hussain alias Abid Boxer had not been extradited to Pakistan. FIA's Director Interpol Tahir Nawaz told this during hearing of a petition of Boxer
Published 17 Mar, 2018 12:00am
ECP urged to expose elements involved in horse-trading

ECP urged to expose elements involved in horse-trading

Chief of Jamaat-e-Islami, Siraj ul Haq has called upon the Election Commission to expose the elements indulging in horse-trading in the Senate election. He was talking to the media after addressing the Friday congregation at Timar Garah.Siraj ul Haq said
Published 17 Mar, 2018 12:00am
Hubco generation capacity doubles in six years: Chairman

Hubco generation capacity doubles in six years: Chairman

Leading investment holding company Dawood Hercules Corporation (DH Corp) has headed a six-year turnaround at Hubco during which the company invested in major energy projects augmenting generation to 3,276 Megawatts. The $3.5 Billion capital investment inc
Published 17 Mar, 2018 12:00am
Punjab Assembly condemns harassment of Pakistan diplomats by India

Punjab Assembly condemns harassment of Pakistan diplomats by India

The Punjab Assembly unanimously passed a resolution on Friday condemning the harassment of Pakistani diplomats and violations of international diplomatic norms by India. Moved by Opposition Leader Mian Mehmoodur Rashid, the resolution stated that intimida
Published 17 Mar, 2018 12:00am
Illegal products: deadline given to super stores

Illegal products: deadline given to super stores

Pakistan Standards and Quality Control Authority (PSQCA) has given a deadline of 30 days to all the super stores of the provincial capital for removing stock of all the illegal, sub standard and unregistered companies. It was decided in a dialogue between
Published 17 Mar, 2018 12:00am
CWRD official calls on Daniyal

CWRD official calls on Daniyal

Werner E Liepach, Director General Central West Asian Department (CWRD) along with his team called on Minister Privatisation, Daniyal Aziz here in the federal capital on Friday. Liepach is responsible for ADB operations in Pakistan and he appreciated the
Published 17 Mar, 2018 12:00am
Dialogue crucial for Pakistan, India: O P Shah
Exchange

Dialogue crucial for Pakistan, India: O P Shah

Chairman Centre for Peace and Progress, India, O. P. Shah stressed upon bilateral negotiations between Pakistan and India and exchange of delegations between the two sides to bring peace in the region. He was addressing as a chief guest at a roundtable di
Published 17 Mar, 2018 12:00am
Two held for raping, filming minor girls in Gujranwala

Two held for raping, filming minor girls in Gujranwala

Police arrested early Friday morning two suspects over their involvement in raping and filming underage girls in Gujranwala. Families of the victims staged a protest and demanded speedy justice for the victims of the heinous crime. A case against the two
Published 17 Mar, 2018 12:00am
Violence against women: KP government asked to expedite legislation

Violence against women: KP government asked to expedite legislation

Representatives of Civil Society organisation have demanded of the provincial government to expedite legislation regarding prevention of early child marriage and domestic violence against women in Khyber Pakthunkhwa. Speaking at a news conference at Pesha
Published 17 Mar, 2018 12:00am
SECP notifies draft rules on independent directors
Exchange

SECP notifies draft rules on independent directors

The Securities and Exchange Commission of Pakistan (SECP) has notified draft regulations regarding manner and selection of independent directors of companies. Independent directors play a key role in good governance and efficient functioning of the board.
Published 17 Mar, 2018 12:00am
Mari Petroleum & PGNiG inks MOU on strategic cooperation

Mari Petroleum & PGNiG inks MOU on strategic cooperation

Mari Petroleum Company Limited (MPCL) and PolskieGórnictwoNaftoweIGazownictwo SA (PGNiG) Polish oil & gas Exploration Company on Thursday, signed a strategic cooperation initiative for evaluating future potential business opportunities in local & internat
Published 17 Mar, 2018 12:00am
ACP hosts reception for Polish mountaineers

ACP hosts reception for Polish mountaineers

The Alpine Club of Pakistan (ACP) and National Mountaineering and Climbing Federation held a reception here at the Adventure Complex on Friday in the honour for Polish mountaineers who had returned from the National Winter Expedition to K-2. Speaking on t
Published 17 Mar, 2018 12:00am
'Gender balance, critical for business, society'

'Gender balance, critical for business, society'

Nestlé Pakistan presented Gender Diversity: A Business Case study at the '2nd Annual United Nation (UN) Women Empowerment Principles (WEPs) in Action' in New York on sidelines of 62nd session of the UN Commission on the Status of Women. This event brought
Published 17 Mar, 2018 12:00am
LHC issues notice to ministry in Hafiz Saeed case

LHC issues notice to ministry in Hafiz Saeed case

The Lahore High Court on Friday issued notices to interior ministry and provincial government for March 29 in response to a petition of Hafiz Muhammad Saeed challenging a ban on activities and freezing of bank accounts of his two organisations Jamatud Daw
Published 17 Mar, 2018 12:00am
Seven-bed cardiac ICU added to FIC

Seven-bed cardiac ICU added to FIC

A state of the art seven bedded Paediatric Cardiac Surgery ICU has been added at the cost of Rs 22 million in Faisalabad Institute of Cardiology (FIC) for the extension of Medical facilities to the children cardiac patients. The ICU has been set up with t
Published 17 Mar, 2018 12:00am
FBR urged to withdraw discretionary powers

FBR urged to withdraw discretionary powers

The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Budget Advisory Council under the chairmanship of Senior Vice President Syed Mazhar Ali Nasir has urged the Federal Board of Revenue (FBR) to withdraw the discretionary powers vested with
Published 17 Mar, 2018 12:00am
Bail plea of ex-DG KDA rejected

Bail plea of ex-DG KDA rejected

The Sindh High Court (SHC) on Friday turned down the bail application of Karachi Development Authority's (KDA) former director general Nasir Abbas in a case pertaining to illegal conversion of residential plots into commercial plots. Headed by Chief Justi
Published 17 Mar, 2018 12:00am
Tree plantation drive launched in district South

Tree plantation drive launched in district South

Deputy Commissioner District South Karachi Muhammad Asif Jameel has said that around 50,000 saplings will be planted across the city in coming two months especially targeting the under-privileged and low-income residential areas.
Published 17 Mar, 2018 12:00am
Land mafia, encroachers still active in KFH

Land mafia, encroachers still active in KFH

Strategically located Karachi Fish Harbour is faced with a severe encroachments and land grabbing from different illegal groups, which put a stiff resistance with threats if officials continued the cleaning operation against them. Officials of Karachi Fis
Published 17 Mar, 2018 12:00am
Gang held on charges of sexual assault

Gang held on charges of sexual assault

Four members of a gang allegedly involved in the sexual abuse of college students were apprehended from the Samanabad area of the metropolis on Friday, police said. DIG West Amir Farooqi said police also recovered videos of the alleged abuse from the susp
Published 17 Mar, 2018 12:00am
JI CEC meets today to discuss political situation

JI CEC meets today to discuss political situation

Jamaat-e-Islami has convened a meeting of its central executive committee today to discuss political situation and assess progress of the JI drive against corruption. According to official spokesman, JI Emir Senator Sirajul Haq has convened the meeting of
Published 17 Mar, 2018 12:00am
Obituary

Obituary

Aunt of Abdul-Qayyum Sheikh, former president Faisalabad Chamber of Commerce & Industry (FCCI) passed away here on Friday. Her funeral procession was taken out from her residence in Khayaban Garden Sargodha road Faisalabad. However funeral prayer was offe
Published 17 Mar, 2018 12:00am
Election of Sanjrani challenged

Election of Sanjrani challenged

A constitutional petition filed in the top court on Friday has challenged the age of Senate Chairman Sadiq Sanjrani. Petitioner Barrister Ammar Hussain Khushnood contended that the election of Sadiq Sanjrani as chairman Senate clearly violates the princip
Published 17 Mar, 2018 12:00am
PAD launches drive to eradicate fruit fly

PAD launches drive to eradicate fruit fly

Agriculture Department Punjab has launched campaign for eradication of fruit fly through un-conventional methods. According to a spokesman of the department, as per scheme terms and conditions, Agriculture Department will provide Mango, Citrus and Guava g
Published 17 Mar, 2018 12:00am
Seven model police stations: IGP Islamabad for monitoring of Performance

Seven model police stations: IGP Islamabad for monitoring of Performance

Inspector General of Police Islamabad Dr Sultan Azam Temuri has directed to monitor the performance of seven model police stations established in the federal capital and to computerize the record of all police stations. It was stated by him while presidin
Published 17 Mar, 2018 12:00am
Imran criticises Multan Metro Bus project

Imran criticises Multan Metro Bus project

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan Friday said that like other projects launched by ruling Pakistan Muslim League-Nawaz (PML-N), Multan Metro Bus project was also made by the Sharifs to siphon more wealth through kickbacks. In a tweet, he
Published 17 Mar, 2018 12:00am
'KACIAC likely to get status of university'
Exchange

'KACIAC likely to get status of university'

The Karachi Arts Council's Institute of Arts and Crafts (KACIAC), which is being revived, is likely to be granted the status of a university. Addressing a news conference at the Arts Council on Wednesday, Arts Council President Syed Ahmed Shah said that t
Published 17 Mar, 2018 12:00am
Murad approves distribution of free wheat in Thar

Murad approves distribution of free wheat in Thar

Sindh Chief Minister Syed Murad Ali Shah has approved distribution of free of cost wheat among the poverty-stricken people of Thar. The chief minister had constituted a committee under Local Government Minister Jam Khan Shoro to visit Thar to assess overa
Published 17 Mar, 2018 12:00am
IGP given two days to nab fugitive Rao

IGP given two days to nab fugitive Rao

The Supreme Court on Saturday directed the Sindh Inspector General of Police (IGP) to arrest former Senior Superintendent of Police (SSP) Malir Rao Anwar, who allegedly led the 'fake' police encounter to kill 27-year old Naqeebullah Mehsood, within two da
Published 17 Mar, 2018 12:00am
IIUI recognises services of Mushahid

IIUI recognises services of Mushahid

Islamic Research Institute (IRI) of International Islamic University Islamabad (IIUI) has conferred an educational award on Senator Mushahid Hussain Syed in recognition of his outstanding academic contributions in the Muslim world. The award was conferred
Published 17 Mar, 2018 12:00am
Karachi commissioner orders crackdown against milk 'mafia'

Karachi commissioner orders crackdown against milk 'mafia'

Commissioner Ejaz Ahmed Khan ordered on Friday crackdown against retailers and wholesalers who have refused to sell milk at government-approved price of Rs 85 per litre. Karachi commissioner called for immediate action to be taken against those who are se
Published 17 Mar, 2018 12:00am
Fake lady doctor running 'clinic on social media'

Fake lady doctor running 'clinic on social media'

A fake lady doctor arrested from Karachi's Jinnah Postgraduate Medical Centre (JPMC) was running a "clinic on social media", initial investigations revealed on Friday. An investigation officer probing into the case said that as per initial details, the ac
Published 17 Mar, 2018 12:00am
Pakistan has improved foreign investors' trust: Swiss CG

Pakistan has improved foreign investors' trust: Swiss CG

Karachi-based Swiss Consul General Philippe Crevoisier has said that Pakistan has improved confidence of foreign investors through actions which it took for betterment of security and continuous economic growth. "I see progress in law and order situation
Published 17 Mar, 2018 12:00am
JCSC lauds role of strategic organizations

JCSC lauds role of strategic organizations

Chairman Joint Chiefs of Staff Committee (JCSC), General Zubair Mahmood Hayat Friday emphasised that a strategic leader not only had a strategic direction but also exerted a strategic thrust. "Such dynamic leadership will accrue only when the leader is we
Published 17 Mar, 2018 12:00am
KP approves 10 hydro-power projects

KP approves 10 hydro-power projects

The provincial government of Khyber Pakhtunkhwa has approved the awarding of 10 hydropower projects in province having generation capacity of 388 Megawatt that will bring Rs 240 billion investment. These projects will generate new employment opportunities
Published 17 Mar, 2018 12:00am
Pakistan Resolution Day: Posthumous awards for Asma Jahangir, Castro

Pakistan Resolution Day: Posthumous awards for Asma Jahangir, Castro

President Mamnoon Hussain, on the occasion of Pakistan Resolution Day to be celebrated on 23rd March, has announced to confer 'Pakistan Civil Awards' to 141 Pakistanis as well as foreign nationals for showing excellence in the field of science, technology
Published 17 Mar, 2018 12:00am
NCAI opens at NUST

NCAI opens at NUST

National Center of Artificial Intelligence (NCAI) was inaugurated at the main campus of National University of Sciences & Technology (NUST) here on Friday. Speaking on the occasion, Minister for Planning, Development and Reform Ahsan Iqbal emphasized the
Published 17 Mar, 2018 12:00am
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