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May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-03-21
APFMA wants ST exemption for Pakistan-based foam makers

APFMA wants ST exemption for Pakistan-based foam makers

President of All Pakistan Foam Manufactures Association (APFMA), Nawaz Jadoon, has urged the chairman of Federal Board of Revenue (FBR) to ensure level playing field for all manufacturing sectors and exempt Pakistan-based foam manufactures from sales tax.
Published 21 Mar, 2018 12:00am
Power consumers: new surcharge of 70 paisa/unit to be imposed

Power consumers: new surcharge of 70 paisa/unit to be imposed

The government is all set to impose new surcharge of 70 paisa per unit on all categories of Disco consumers aimed at servicing of Rs 80 billion debt to be taken by Power Holding (Private) Limited (PHPL) from commercial banks, well informed sources told <i
Published 21 Mar, 2018 12:00am
Foreign asset declaration scheme: arrival of $5 billion likely
Exchange

Foreign asset declaration scheme: arrival of $5 billion likely

Special Assistant to Prime Minister on Revenue/Federal Minister, Haroon Akhtar Khan said on Tuesday that proposed Foreign Asset Declaration Scheme (FADS) would be a big success even if it fetches US $4-5 billion from non-resident Pakistanis, as the scheme
Published 21 Mar, 2018 12:00am
Foreign asset declaration scheme: arrival of $5 billion likely
Exchange

Foreign asset declaration scheme: arrival of $5 billion likely

Special Assistant to Prime Minister on Revenue/Federal Minister, Haroon Akhtar Khan said on Tuesday that proposed Foreign Asset Declaration Scheme (FADS) would be a big success even if it fetches US $4-5 billion from non-resident Pakistanis, as the scheme
Published 21 Mar, 2018 12:00am
Foreign asset declaration scheme: arrival of $5 billion likely
Exchange

Foreign asset declaration scheme: arrival of $5 billion likely

Special Assistant to Prime Minister on Revenue/Federal Minister, Haroon Akhtar Khan said on Tuesday that proposed Foreign Asset Declaration Scheme (FADS) would be a big success even if it fetches US $4-5 billion from non-resident Pakistanis, as the scheme
Published 21 Mar, 2018 12:00am
THE RUPEE: dollar soars
Currency

THE RUPEE: dollar soars

The rupee failed to maintain its present levels in terms of the dollar on the money market on Tuesday, experts said. The rupee depreciated by five percent or Rs 5 in terms of the dollar for buying and selling at Rs 114.80 and Rs 115.20 respectively, they
Published 21 Mar, 2018 12:00am
Online tax payment facility launched

Online tax payment facility launched

The Federal Board of Revenue (FBR) in collaboration with the State Bank of Pakistan (SBP) and 1-Link launched the facility for payment of federal taxes including income tax, sales tax, customs duty and federal excise duty through alternate delivery channe
Published 21 Mar, 2018 12:00am
THE RUPEE: dollar soars
Currency

THE RUPEE: dollar soars

The rupee failed to maintain its present levels in terms of the dollar on the money market on Tuesday, experts said. The rupee depreciated by five percent or Rs 5 in terms of the dollar for buying and selling at Rs 114.80 and Rs 115.20 respectively, they
Published 21 Mar, 2018 12:00am
Online tax payment facility launched

Online tax payment facility launched

The Federal Board of Revenue (FBR) in collaboration with the State Bank of Pakistan (SBP) and 1-Link launched the facility for payment of federal taxes including income tax, sales tax, customs duty and federal excise duty through alternate delivery channe
Published 21 Mar, 2018 12:00am
Online tax payment facility launched

Online tax payment facility launched

The Federal Board of Revenue (FBR) in collaboration with the State Bank of Pakistan (SBP) and 1-Link launched the facility for payment of federal taxes including income tax, sales tax, customs duty and federal excise duty through alternate delivery channe
Published 21 Mar, 2018 12:00am
Capital flight should be stopped: CJP
Exchange

Capital flight should be stopped: CJP

Chief Justice Mian Saqib Nisar has said that it is the main concern of the apex court that Pakistani money stashed abroad is brought back and capital flight should be stopped. A three-judge bench, headed by the Chief Justice, was hearing on Tuesday a suo
Published 21 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 20, 2018).

Published 21 Mar, 2018 12:00am
Capital flight should be stopped: CJP
Exchange

Capital flight should be stopped: CJP

Chief Justice Mian Saqib Nisar has said that it is the main concern of the apex court that Pakistani money stashed abroad is brought back and capital flight should be stopped. A three-judge bench, headed by the Chief Justice, was hearing on Tuesday a suo
Published 21 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 20, 2018).

Published 21 Mar, 2018 12:00am
'Employment certificate' of Nawaz produced
Exchange

'Employment certificate' of Nawaz produced

Key prosecution witness and head of Joint Inves-tigation Team (JIT) that probed the Panama Papers case, Wajid Zia, Tuesday produced employment certificate of former Prime Minister Nawaz Sharif at Capital FZE - a UAE-based company owned by his son - which
Published 21 Mar, 2018 12:00am
'Employment certificate' of Nawaz produced
Exchange

'Employment certificate' of Nawaz produced

Key prosecution witness and head of Joint Inves-tigation Team (JIT) that probed the Panama Papers case, Wajid Zia, Tuesday produced employment certificate of former Prime Minister Nawaz Sharif at Capital FZE - a UAE-based company owned by his son - which
Published 21 Mar, 2018 12:00am
MMA revived on the eve of general elections

MMA revived on the eve of general elections

Leaders of component parties finally chose Maulana Fazal-ur-Rehman of JUI-F to spearhead Muttahida Majlis-e-Amal (MMA), an alliance of politico-religious groups, here on Monday. "We congratulate the nation for restoration of MMA. This Islamic coalition wi
Published 21 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 20, 2018)

Published 21 Mar, 2018 12:00am
MMA revived on the eve of general elections

MMA revived on the eve of general elections

Leaders of component parties finally chose Maulana Fazal-ur-Rehman of JUI-F to spearhead Muttahida Majlis-e-Amal (MMA), an alliance of politico-religious groups, here on Monday. "We congratulate the nation for restoration of MMA. This Islamic coalition wi
Published 21 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 20, 2018).

Published 21 Mar, 2018 12:00am
Anchorperson banned from hosting TV show for three months

Anchorperson banned from hosting TV show for three months

The Supreme Court Tuesday banned TV anchorperson Dr Shahid Masood from conducting programme on any TV channel for three months after he tendered an unconditional apology. A three-member bench headed by Chief Justice Mian Saqib Nisar heard a suo motu case
Published 21 Mar, 2018 12:00am
Anchorperson banned from hosting TV show for three months

Anchorperson banned from hosting TV show for three months

The Supreme Court Tuesday banned TV anchorperson Dr Shahid Masood from conducting programme on any TV channel for three months after he tendered an unconditional apology. A three-member bench headed by Chief Justice Mian Saqib Nisar heard a suo motu case
Published 21 Mar, 2018 12:00am
Fifth parcel blast reported in Texas

Fifth parcel blast reported in Texas

A package exploded early Tuesday at a FedEx distribution facility in Texas, authorities said, following a series of other blasts in Austin in recent weeks that police had attributed to a serial bomber. The parcel exploded at a facility in the town of Sche
Published 21 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 20, 2018).

Published 21 Mar, 2018 12:00am
Fifth parcel blast reported in Texas

Fifth parcel blast reported in Texas

A package exploded early Tuesday at a FedEx distribution facility in Texas, authorities said, following a series of other blasts in Austin in recent weeks that police had attributed to a serial bomber. The parcel exploded at a facility in the town of Sche
Published 21 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (March 20, 2018) and the forecast for Wednesday (March 21, 2018).

Published 21 Mar, 2018 12:00am
Trump praises US military sales in talks with Saudi crown prince

Trump praises US military sales in talks with Saudi crown prince

President Donald Trump on Tuesday praised US defence sales to Saudi Arabia as a boost to American jobs, even as lawmakers criticized Riyadh's role in the war in Yemen where a humanitarian crisis has unfolded. In Oval Office talks, Trump and Saudi Crown Pr
Published 21 Mar, 2018 12:00am
Trump praises US military sales in talks with Saudi crown prince

Trump praises US military sales in talks with Saudi crown prince

President Donald Trump on Tuesday praised US defence sales to Saudi Arabia as a boost to American jobs, even as lawmakers criticized Riyadh's role in the war in Yemen where a humanitarian crisis has unfolded. In Oval Office talks, Trump and Saudi Crown Pr
Published 21 Mar, 2018 12:00am
Stop warmongering, FO tells India's leadership

Stop warmongering, FO tells India's leadership

Foreign Office Tuesday advised the Indian leadership to stop creating an atmosphere of warmongering and warned that any its "foolhardy" act would get a befitting response from Pakistan's side. "Indian leadership is advised to end this constant blustering
Published 21 Mar, 2018 12:00am
Stop warmongering, FO tells India's leadership

Stop warmongering, FO tells India's leadership

Foreign Office Tuesday advised the Indian leadership to stop creating an atmosphere of warmongering and warned that any its "foolhardy" act would get a befitting response from Pakistan's side. "Indian leadership is advised to end this constant blustering
Published 21 Mar, 2018 12:00am
Expelled Russian diplomats leave London embassy

Expelled Russian diplomats leave London embassy

Russian diplomats expelled from Britain in the worsening spat over the poisoning of a former double agent left the London embassy on Tuesday with their families in tow. Britain has thrown out Russian 23 diplomats over the March 4 nerve agent attack on for
Published 21 Mar, 2018 12:00am
Expelled Russian diplomats leave London embassy

Expelled Russian diplomats leave London embassy

Russian diplomats expelled from Britain in the worsening spat over the poisoning of a former double agent left the London embassy on Tuesday with their families in tow. Britain has thrown out Russian 23 diplomats over the March 4 nerve agent attack on for
Published 21 Mar, 2018 12:00am
French ex-president Sarkozy held in Libya financing probe

French ex-president Sarkozy held in Libya financing probe

French ex-president Nicolas Sarkozy was taken into police custody Tuesday and questioned over allegations that late Libyan dictator Moamer Kadhafi financed his 2007 election campaign via suitcases stuffed with cash, a source close to the inquiry told AFP.
Published 21 Mar, 2018 12:00am
French ex-president Sarkozy held in Libya financing probe

French ex-president Sarkozy held in Libya financing probe

French ex-president Nicolas Sarkozy was taken into police custody Tuesday and questioned over allegations that late Libyan dictator Moamer Kadhafi financed his 2007 election campaign via suitcases stuffed with cash, a source close to the inquiry told AFP.
Published 21 Mar, 2018 12:00am
AI calls on government to end 'enforced disappearances'

AI calls on government to end 'enforced disappearances'

Human rights watchdog Amnesty International has called on Pakistan to resolve hundreds of cases of enforced disappearances for which "no one has ever been held accountable". "Disappearances are a tool of terror... if committed as part of a widespread or s
Published 21 Mar, 2018 12:00am
AI calls on government to end 'enforced disappearances'

AI calls on government to end 'enforced disappearances'

Human rights watchdog Amnesty International has called on Pakistan to resolve hundreds of cases of enforced disappearances for which "no one has ever been held accountable". "Disappearances are a tool of terror... if committed as part of a widespread or s
Published 21 Mar, 2018 12:00am
Exports of textile group soar by 7.14 percent in February
Cotton

Exports of textile group soar by 7.14 percent in February

Exports of textile group increased by 7.14 percent in February 2018 and reached US $1.066 billion from US $995.223 million for the same month a year ago, according to Pakistan Bureau of Statistics (PBS). Provisional trade data of selected commodities uplo
Published 21 Mar, 2018 12:00am
Exports of textile group soar by 7.14 percent in February
Cotton

Exports of textile group soar by 7.14 percent in February

Exports of textile group increased by 7.14 percent in February 2018 and reached US $1.066 billion from US $995.223 million for the same month a year ago, according to Pakistan Bureau of Statistics (PBS). Provisional trade data of selected commodities uplo
Published 21 Mar, 2018 12:00am
Exports of textile group soar by 7.14 percent in February
Cotton

Exports of textile group soar by 7.14 percent in February

Exports of textile group increased by 7.14 percent in February 2018 and reached US $1.066 billion from US $995.223 million for the same month a year ago, according to Pakistan Bureau of Statistics (PBS). Provisional trade data of selected commodities uplo
Published 21 Mar, 2018 12:00am
Five percent census results face validation challenge

Five percent census results face validation challenge

There are some serious challenges in validation of five percent results of population census agreed upon between the federal government and provinces at the Council of Common Interests (CCI) forum and the decision may be reverted. Secretary Ministry of St
Published 21 Mar, 2018 12:00am
Five percent census results face validation challenge

Five percent census results face validation challenge

There are some serious challenges in validation of five percent results of population census agreed upon between the federal government and provinces at the Council of Common Interests (CCI) forum and the decision may be reverted. Secretary Ministry of St
Published 21 Mar, 2018 12:00am
Security pretext: IHC suspends verdict on mobile phone networks' closure

Security pretext: IHC suspends verdict on mobile phone networks' closure

The Islamabad High Court on Tuesday suspended a single bench verdict wherein it had declared the off and on closure of mobile phone networks by the government on security pretext as illegal. A division bench of IHC comprising Justice Aamer Farooq and Just
Published 21 Mar, 2018 12:00am
Security pretext: IHC suspends verdict on mobile phone networks' closure

Security pretext: IHC suspends verdict on mobile phone networks' closure

The Islamabad High Court on Tuesday suspended a single bench verdict wherein it had declared the off and on closure of mobile phone networks by the government on security pretext as illegal. A division bench of IHC comprising Justice Aamer Farooq and Just
Published 21 Mar, 2018 12:00am
Seychelles opposition to block India military deal

Seychelles opposition to block India military deal

Seychelles' opposition coalition, which holds a majority in parliament, said Tuesday it would not ratify a deal signed with India to build a military base on one of the archipelago's outlying islands. The deal would see India invest $550 million dollars (
Published 21 Mar, 2018 12:00am
Seychelles opposition to block India military deal

Seychelles opposition to block India military deal

Seychelles' opposition coalition, which holds a majority in parliament, said Tuesday it would not ratify a deal signed with India to build a military base on one of the archipelago's outlying islands. The deal would see India invest $550 million dollars (
Published 21 Mar, 2018 12:00am
Water resources now reaching critical mass

Water resources now reaching critical mass

The 41-page National Water Policy presented in the Council of Common Interest (CCI) on Tuesday is a comprehensive policy in that it covers drought and floods, which have alternately plagued Pakistan in recent years; its recommendations are succinct and, i
Published 21 Mar, 2018 12:00am
Bajwa's assurance to FATA

Bajwa's assurance to FATA

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has told a tribal Jirga in Landi Kotal, Khyber Agency, Federally Administered Tribal Areas (FATA), that he is very much in favour of the proposed merger of FATA into Khyber Pakhtunkhwa (KP) province. Ho
Published 21 Mar, 2018 12:00am
Reforming foreign exchange regime - III
Exchange

Reforming foreign exchange regime - III

The Protection of Economic Reforms Act (PERA) was an incredible law in the sense that it attracted a great deal of support across the political divide. Attempts to rationalize the law were frequently scuttled on the claim that it would discourage investme
Published 21 Mar, 2018 12:00am
New challenges facing global trading

New challenges facing global trading

Our exports sector has always remained afflicted by uncertainties. There are multiple reasons why it is so with the predominant reason being the lack of exportable surpluses in goods and services that are in demand in global markets. Periodic slump in glo
Published 21 Mar, 2018 12:00am
The 'Sheedas' of Lahore - I
Exchange

The 'Sheedas' of Lahore - I

I was introduced to the term "Sheedas" by my friend Masood Hassan. His family has deep roots in Lahore. So he knows best. I have done three stints in Lahore. The first was in 1960/1 when I did my matric from Azam Garrison School, Lahore Cantt. My uncle wa
Published 21 Mar, 2018 12:00am
Foreign investment drought likely to end

Foreign investment drought likely to end

This is apropos a Business Recorder news item "Unilever announces $120m investment in Pakistan" carried by the newspaper yesterday. According to it, Unilever has announced an investment of USD120 million (PKR 11 billion) in Pakistan acknowledging t
Published 21 Mar, 2018 12:00am
Rupee witnesses major setback against foreign currencies
Exchange

Rupee witnesses major setback against foreign currencies

The Pakistani rupee witnessed a major setback in terms of trading against the major foreign currencies including the US dollar and British pound in the local currency market on Tuesday. According to a survey conducted by Business Recorder of local
Published 21 Mar, 2018 12:00am
Shahbaz off to London

Shahbaz off to London

Punjab Chief Minister Shahbaz Sharif has left for London to inquire after the health of Begum Kulsoom Nawaz there. During his stay in London, Shahbaz will also get his routine medical checkup besides holding meetings with delegations of PML-N and overseas
Published 21 Mar, 2018 12:00am
New 'National Fertilizer Policy' on the anvil

New 'National Fertilizer Policy' on the anvil

The Ministry of Industries and Production has started the process of consultation with stakeholders for the finalization of new 'National Fertilizer Policy' which is set to be unfolded within this year. National Fertilizer Corporation (NFC) CEO /Managing
Published 21 Mar, 2018 12:00am
LCCI urges SBP to control rapid surge in dollar price
Exchange

LCCI urges SBP to control rapid surge in dollar price

The Lahore Chamber of Commerce & Industry has demanded of the State Bank of Pakistan to control rapid surge in dollar price through strict measures otherwise Pak rupee devaluation will give a big blow to the economy. "Inter-bank US dollar rate is ringing
Published 21 Mar, 2018 12:00am
Rain, gusty winds forecast for northern, western areas

Rain, gusty winds forecast for northern, western areas

The Meteorological department said on Tuesday that a westerly wave is affecting central parts of the country and may persist till Wednesday. At said that mainly dry weather is expected in most parts of the country. However, rain-thunderstorm with gusty wi
Published 21 Mar, 2018 12:00am
SC reserves judgement in Rashid case

SC reserves judgement in Rashid case

Hearing a petition against Awami Muslim League President Sheikh Rashid said on Tuesday, the Supreme Court said the findings of the Panama Leaks judgment will be applied on all those cases where candidates have provided incorrect information in their nomin
Published 21 Mar, 2018 12:00am
Imran Farooq murder case: IHC reserves judgement

Imran Farooq murder case: IHC reserves judgement

The Islamabad High Court Tuesday reserved its judgment on a petition of Moazzam Ali, an accused of MQM leader Dr Imran Farooq murder, seeking his trial in an open court instead of jail premises. A division bench of IHC comprising Justice Athar Minallah an
Published 21 Mar, 2018 12:00am
Mashal murder case: ATC sends accused on four-day remand

Mashal murder case: ATC sends accused on four-day remand

The Anti-Terrorist Court (ATC) Mardan on Tuesday handed over accused Sabir Mayar to local police on four-day physical remand in the lynching case of Mashal Khan. Police produced Sabir Mayar before the ATC Judge Mohammad Younas Khan, and prayed to the cour
Published 21 Mar, 2018 12:00am
NA body recommends action against NHA chief over continuous absence

NA body recommends action against NHA chief over continuous absence

A parliamentary panel on Tuesday expressed annoyance over continuous absence of chairman National Highways Authority (NHA) from the meeting and recommended an action against him as per law. The National Assembly Standing Committee on Communications met he
Published 21 Mar, 2018 12:00am
ECP verdict may resolve leadership issue of MQM-P

ECP verdict may resolve leadership issue of MQM-P

The Election Commission of Pakistan's verdict in a case pertaining to leadership of Muttahida Qaumi Movement-Pakistan (MQM-P) may settle the struggle between Bahadurabad group led by Khalid Maqbool Siddiqui and PIB group led by Dr Farooq Sattar.
Published 21 Mar, 2018 12:00am
Physical remand of Cheema, others extended

Physical remand of Cheema, others extended

Accountability Court on Tuesday extended for further 14-day physical remand of six accused including former Director General of Lahore Development Authority Ahad Khan Cheema in Aashiyana-i-Iqbal Housing Scam.
Published 21 Mar, 2018 12:00am
People with disabilities: Marriyum for providing opportunities

People with disabilities: Marriyum for providing opportunities

Media has an important role to foster inclusive culture for people with disabilities in Pakistan. This was stated by the Minister of State for Information, Broadcasting, National History and Literary Heritage while speaking as a chief guest at "Hazrat Kha
Published 21 Mar, 2018 12:00am
KPT orders probe into collision of ships

KPT orders probe into collision of ships

Karachi Port Trust (KPT) has ordered board of investigation comprised senior officers to probe the two-ship collision incident. According to details, on March 19, 2018 at 1334 hours, Container Vessel (CV) Tolten came in contact with CV Hamburg Bay berthed
Published 21 Mar, 2018 12:00am
Saudi billionaire Al-Waleed 'forgives' Ritz ordeal
Exchange

Saudi billionaire Al-Waleed 'forgives' Ritz ordeal

Billionaire Saudi Prince Al-Waleed bin Talal says all is forgiven after his three-month detention in an anti-corruption crackdown, dismissing speculation he had forfeited control of his assets in exchange for his freedom. The prince, dubbed the Warren Buf
Published 21 Mar, 2018 12:00am
NA body visits PMSA HQs

NA body visits PMSA HQs

The members of the National Assembly's Standing Committee on Defence visited Head Quarters of Pakistan Maritime Security Agency (PMSA) on Tuesday. The delegation, led by Shaikh Rohale Asghar, the Chairman of standing committee was welcomed by Director Gen
Published 21 Mar, 2018 12:00am
TMA lauds KE's decision of exempting Lyari's PMTs from loadshedding

TMA lauds KE's decision of exempting Lyari's PMTs from loadshedding

The Timber Market Association (TMA) hosted an event to honour K-Electric's recent announcement of exempting a further 19 PMTs from load-shedding in Lyari. This comes after K-Electric exempted 4 feeders from load-shed in Lyari, back in 2016. The community
Published 21 Mar, 2018 12:00am
Political instability affecting economy: ex-FPCCI chief

Political instability affecting economy: ex-FPCCI chief

Former President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Idrees has underlined the need for preparation of 25-year-long-development roadmap in order to make Pakistan developed and prosperous in comity of nations.
Published 21 Mar, 2018 12:00am
KCCI members advised to renew membership

KCCI members advised to renew membership

The Karachi Chamber of Commerce and Industry (KCCI) has advised all its members to renew their KCCI membership by March 31, 2018 in order to avoid any inconvenience, says a press release issued here on Tuesday. The process of membership renewal is current
Published 21 Mar, 2018 12:00am
Baluchistan Wheels Limited
Mutual Funds

Baluchistan Wheels Limited

Baluchistan Wheels Limited (PSX: BHWL) is a wheel manufacturing company in the country producing steel wheels for the automobile sector, including passenger cars, commercial vehicles and agriculture tractors. The company was setup in 1980 and had a techni
Published 21 Mar, 2018 12:00am
Baluchistan Wheels Limited
Mutual Funds

Baluchistan Wheels Limited

Baluchistan Wheels Limited (PSX: BHWL) is a wheel manufacturing company in the country producing steel wheels for the automobile sector, including passenger cars, commercial vehicles and agriculture tractors. The company was setup in 1980 and had a techni
Published 21 Mar, 2018 12:00am
WB-funded project to update tax administration data centres

WB-funded project to update tax administration data centres

The World Bank-funded Trust Fund for Accelerating Growth and Reform (TAGR) project would update tax administration data centers of the Federal Board of Revenue (FBR) and set up Tax Intelligence Unit (TIU) and market monitoring and intervention unit (MMI)
Published 21 Mar, 2018 12:00am
Betel nuts being smuggled under Afghan Transit: PKMA chief

Betel nuts being smuggled under Afghan Transit: PKMA chief

The government's ban on the import of betel nuts has paved the way for its smuggling into the country under the Afghan Transit. In a statement, Pakistan Kiryana Merchants' Association (PKMA) chairman Waseemur Rehman said that plant protection department h
Published 21 Mar, 2018 12:00am
Betel nuts being smuggled under Afghan Transit: PKMA chief

Betel nuts being smuggled under Afghan Transit: PKMA chief

The government's ban on the import of betel nuts has paved the way for its smuggling into the country under the Afghan Transit. In a statement, Pakistan Kiryana Merchants' Association (PKMA) chairman Waseemur Rehman said that plant protection department h
Published 21 Mar, 2018 12:00am
KU to have 'harassment watch' bodies in all departments

KU to have 'harassment watch' bodies in all departments

An inquiry committee for the protection against harassment of women at the workplace is functioning in accordance with the harassment at workplace act with complete autonomy; this committee has given independent decisions in the past. Any person, group or
Published 21 Mar, 2018 12:00am
US MIDDAY: gold falls
Exchange

US MIDDAY: gold falls

Gold prices fell on Tuesday as the US dollar strengthened ahead of a Federal Reserve meeting at which the US central bank is expected to raise interest rates for the first time this year. The looming Fed meeting has helped to push gold down 4 percent from
Published 21 Mar, 2018 12:00am
US MIDDAY: wheat up

US MIDDAY: wheat up

Chicago Board of Trade wheat futures rose about 1 percent on Monday in a recovery bounce after falling to a seven-week low, but trade was cautious after weekend rains on the parched US Plains offered respite for the winter wheat crop. Soyabeans firmed on
Published 21 Mar, 2018 12:00am
Gold down in Europe
Exchange

Gold down in Europe

Gold prices fell on Tuesday as the dollar strengthened ahead of a Federal Reserve meeting at which the US central bank is expected to raise interest rates for the first time this year. The looming Fed meeting has helped to push down gold by 4 percent from
Published 21 Mar, 2018 12:00am
Gold lower in Asia
Exchange

Gold lower in Asia

Gold edged lower on Tuesday as the dollar firmed while traders waited to gauge the path of US monetary policy for the rest of the year from the two-day Federal Reserve meeting that kicks off later in the day. Spot gold was down 0.1 percent to $1,314.98 pe
Published 21 Mar, 2018 12:00am
Malaysian palm oil gains
Exchange

Malaysian palm oil gains

Malaysian palm oil futures climbed in Tuesday evening's trade to chart a second straight session of gains on the back of stronger export data. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange rose 0.4 percent to
Published 21 Mar, 2018 12:00am
Oil up on ME tensions, Venezuela concerns
Exchange

Oil up on ME tensions, Venezuela concerns

Oil prices climbed to their highest level in three weeks on Tuesday as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude production. Brent crude futures for May delivery rose
Published 21 Mar, 2018 12:00am
Raw sugar slips as India scraps export tax

Raw sugar slips as India scraps export tax

Raw sugar futures on ICE were lower on Tuesday, pressured by India's decision to scrap an export tax that to concerns about oversupply, though prices held above the prior session's 2-1/2-year low. Cocoa rebounded from the prior session's tumble. May raw s
Published 21 Mar, 2018 12:00am
Copper slumps

Copper slumps

Copper slumped to its lowest level in more than three months on Tuesday as rising inventories highlighted healthy supplies. Concern about trade wars, higher US interest rates and a stronger dollar also weighed on industrial metals markets.
Published 21 Mar, 2018 12:00am
Rashid insists that Afghan World Cup hopes still alive

Rashid insists that Afghan World Cup hopes still alive

Rashid Khan insisted that "anything can happen" and that Afghanistan are still holding hopes of qualifying for next year's World Cup in England and Wales, after beating the United Arab Emirates by five wickets on Tuesday. Rashid took five for 41 as the UA
Published 21 Mar, 2018 12:00am
Rebel rocket fire kills 29 in Damascus suburb: state TV

Rebel rocket fire kills 29 in Damascus suburb: state TV

Rebel rocket fire on a market in a Damascus suburb killed 29 people Tuesday, Syrian state television said. The rocket fire by "terrorist groups" also wounded 23 people in the Jaramana area east of Damascus, state television cited a police official as sayi
Published 21 Mar, 2018 12:00am
Two hurt, shooter dead at Maryland high school: sheriff

Two hurt, shooter dead at Maryland high school: sheriff

A student armed with a handgun wounded two classmates at a Maryland high school on Tuesday, officials said, in an outburst of campus violence just days before a student-organized nationwide march for gun control. The shooter, who was not identified, has d
Published 21 Mar, 2018 12:00am
20 dead as powerful storm hits Madagascar

20 dead as powerful storm hits Madagascar

A powerful tropical storm that lashed the island of Madagascar has left 20 people dead and affected 19,000 more, according to an official toll. The storm also closed several national highways that were flooded by the heavy rain, the country's disaster man
Published 21 Mar, 2018 12:00am
ICC overturns ban, clears Rabada to play third Test

ICC overturns ban, clears Rabada to play third Test

South Africa fast bowler Kagiso Rabada has been cleared to play the remainder of the Test series against Australia having won his appeal against a Level Two breach of the International Cricket Council's (ICC) code of conduct. Rabada had his punishment for
Published 21 Mar, 2018 12:00am
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