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Print - 2018-03-22
THE RUPEE: resists sharp slide
Currency

THE RUPEE: resists sharp slide

An easier trend persisted on the money market on Wednesday as the rupee continued decline in terms of the dollar in process of trading, experts said. Commenting on the free-fall of the rupee against the dollar, some currency analysts said that the rupee m
Published 22 Mar, 2018 12:00am
Army opens 'Women PCO' in South Waziristan

Army opens 'Women PCO' in South Waziristan

For the very first time in history of FATA, the Pak Army has opened women Public Call Office (PCO) in Makeen area of South Waziristan Agency. Security sources told that a woman telephone operator would be appointed to work in women PCO. He said women PCO
Published 22 Mar, 2018 12:00am
Sugarcane growers likely to suffer Rs 133 billion loss

Sugarcane growers likely to suffer Rs 133 billion loss

Ministry of National Food Security and Research (MoNFS&R) has estimated that sugarcane growers in Sindh, Punjab and KP are expected to suffer a financial loss of upto Rs 133 billion due to less payment by mill owners, well-informed sources told Busines
Published 22 Mar, 2018 12:00am
Sugarcane growers likely to suffer Rs 133 billion loss

Sugarcane growers likely to suffer Rs 133 billion loss

Ministry of National Food Security and Research (MoNFS&R) has estimated that sugarcane growers in Sindh, Punjab and KP are expected to suffer a financial loss of upto Rs 133 billion due to less payment by mill owners, well-informed sources told Busines
Published 22 Mar, 2018 12:00am
Sugarcane growers likely to suffer Rs 133 billion loss

Sugarcane growers likely to suffer Rs 133 billion loss

Ministry of National Food Security and Research (MoNFS&R) has estimated that sugarcane growers in Sindh, Punjab and KP are expected to suffer a financial loss of upto Rs 133 billion due to less payment by mill owners, well-informed sources told Busines
Published 22 Mar, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 21, 2018).

Published 22 Mar, 2018 12:00am
Caretaker setup: Consultation process has begun: minister

Caretaker setup: Consultation process has begun: minister

As the government is completing its constitutional tenure in about two months, Prime Minister Shahid Khaqan Abbasi has kicked off consultation process with the opposition to develop a consensus on the names for caretaker setup, Interior Minister Ahsan Iqb
Published 22 Mar, 2018 12:00am
Caretaker setup: Consultation process has begun: minister

Caretaker setup: Consultation process has begun: minister

As the government is completing its constitutional tenure in about two months, Prime Minister Shahid Khaqan Abbasi has kicked off consultation process with the opposition to develop a consensus on the names for caretaker setup, Interior Minister Ahsan Iqb
Published 22 Mar, 2018 12:00am
Treason case registered against Haqqani

Treason case registered against Haqqani

A treason case has been registered against the former Pakistan Ambassador to US Hussain Haqqani in Karachi. The case was registered against Haqqani for conspiring against the state in Perredy Police Station. The case was registered on the complaint of law
Published 22 Mar, 2018 12:00am
Treason case registered against Haqqani

Treason case registered against Haqqani

A treason case has been registered against the former Pakistan Ambassador to US Hussain Haqqani in Karachi. The case was registered against Haqqani for conspiring against the state in Perredy Police Station. The case was registered on the complaint of law
Published 22 Mar, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 22 Mar, 2018 12:00am
Pakistan, Russia concerned at rising IS threat

Pakistan, Russia concerned at rising IS threat

Pakistan and Russia on Wednesday expressed grave concerns over the rising threat posed by Daesh and sought the regional countries to cooperate to jointly counter the threat. The high officials of both Pakistan and Russia expressed these concerns during th
Published 22 Mar, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 22 Mar, 2018 12:00am
Pakistan, Russia concerned at rising IS threat

Pakistan, Russia concerned at rising IS threat

Pakistan and Russia on Wednesday expressed grave concerns over the rising threat posed by Daesh and sought the regional countries to cooperate to jointly counter the threat. The high officials of both Pakistan and Russia expressed these concerns during th
Published 22 Mar, 2018 12:00am
IS suicide bomber kills 33 as Kabul marks Nauroz

IS suicide bomber kills 33 as Kabul marks Nauroz

A suicide bomber on Wednesday killed dozens of people, many of them teenagers, after detonating a device among a crowd in Kabul who were celebrating the Persian New Year holiday (Nauroz), officials said.
Published 22 Mar, 2018 12:00am
IS suicide bomber kills 33 as Kabul marks Nauroz

IS suicide bomber kills 33 as Kabul marks Nauroz

A suicide bomber on Wednesday killed dozens of people, many of them teenagers, after detonating a device among a crowd in Kabul who were celebrating the Persian New Year holiday (Nauroz), officials said.
Published 22 Mar, 2018 12:00am
Fed raises rates

Fed raises rates

The Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, signalling growing confidence that U.S. tax cuts and government spending will boost the economy and inflation and lead to more aggressive future tighteni
Published 22 Mar, 2018 12:00am
Fed raises rates

Fed raises rates

The Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, signalling growing confidence that U.S. tax cuts and government spending will boost the economy and inflation and lead to more aggressive future tighteni
Published 22 Mar, 2018 12:00am
Fed raises rates

Fed raises rates

The Federal Reserve raised interest rates on Wednesday and forecast at least two more hikes for 2018, signalling growing confidence that U.S. tax cuts and government spending will boost the economy and inflation and lead to more aggressive future tighteni
Published 22 Mar, 2018 12:00am
SBP review lists key developments in Q4CY17

SBP review lists key developments in Q4CY17

The Quarterly Performance Review (QPR) of the banking sector for the quarter ended 31st December, 2017 has been released by SBP Wednesday. As highlighted in the report, improving asset quality, stable liquidity, robust solvency and slow pick-up in private
Published 22 Mar, 2018 12:00am
SBP review lists key developments in Q4CY17

SBP review lists key developments in Q4CY17

The Quarterly Performance Review (QPR) of the banking sector for the quarter ended 31st December, 2017 has been released by SBP Wednesday. As highlighted in the report, improving asset quality, stable liquidity, robust solvency and slow pick-up in private
Published 22 Mar, 2018 12:00am
SBP review lists key developments in Q4CY17

SBP review lists key developments in Q4CY17

The Quarterly Performance Review (QPR) of the banking sector for the quarter ended 31st December, 2017 has been released by SBP Wednesday. As highlighted in the report, improving asset quality, stable liquidity, robust solvency and slow pick-up in private
Published 22 Mar, 2018 12:00am
Country receives $7.608 billion foreign aid till February

Country receives $7.608 billion foreign aid till February

The country provisionally received $7.608 billion ie 94 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in the current financial year (July-February) 2017-18. The country had received $4.87 billion during the sam
Published 22 Mar, 2018 12:00am
Country receives $7.608 billion foreign aid till February

Country receives $7.608 billion foreign aid till February

The country provisionally received $7.608 billion ie 94 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in the current financial year (July-February) 2017-18. The country had received $4.87 billion during the sam
Published 22 Mar, 2018 12:00am
Country receives $7.608 billion foreign aid till February

Country receives $7.608 billion foreign aid till February

The country provisionally received $7.608 billion ie 94 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors in the current financial year (July-February) 2017-18. The country had received $4.87 billion during the sam
Published 22 Mar, 2018 12:00am
BRIndex-100 maintains bullish spree
Exchange

BRIndex-100 maintains bullish spree

Pakistan Stock Exchange Wednesday witnessed another bullish session on the back of buying in various sectors. BRIndex100 gained 46.77 points or 0.98 percent to close at 4,833.14 points. BRIndex-100 touched intraday high of 4,860.69 and intraday low of 4,7
Published 22 Mar, 2018 12:00am
BRIndex-100 maintains bullish spree
Exchange

BRIndex-100 maintains bullish spree

Pakistan Stock Exchange Wednesday witnessed another bullish session on the back of buying in various sectors. BRIndex100 gained 46.77 points or 0.98 percent to close at 4,833.14 points. BRIndex-100 touched intraday high of 4,860.69 and intraday low of 4,7
Published 22 Mar, 2018 12:00am
BRIndex-100 maintains bullish spree
Exchange

BRIndex-100 maintains bullish spree

Pakistan Stock Exchange Wednesday witnessed another bullish session on the back of buying in various sectors. BRIndex100 gained 46.77 points or 0.98 percent to close at 4,833.14 points. BRIndex-100 touched intraday high of 4,860.69 and intraday low of 4,7
Published 22 Mar, 2018 12:00am
India warns against social media data misuse ahead of elections

India warns against social media data misuse ahead of elections

India''s information technology minister on Wednesday warned against any abuse of social media in elections, following reports that a British consultancy improperly accessed information on millions of Facebook users to target US voters. India is due to ho
Published 22 Mar, 2018 12:00am
India warns against social media data misuse ahead of elections

India warns against social media data misuse ahead of elections

India's information technology minister on Wednesday warned against any abuse of social media in elections, following reports that a British consultancy improperly accessed information on millions of Facebook users to target US voters. India is due to hol
Published 22 Mar, 2018 12:00am
India warns against social media data misuse ahead of elections

India warns against social media data misuse ahead of elections

India's information technology minister on Wednesday warned against any abuse of social media in elections, following reports that a British consultancy improperly accessed information on millions of Facebook users to target US voters. India is due to hol
Published 22 Mar, 2018 12:00am
EU unveils digital tax targeting Facebook, Google

EU unveils digital tax targeting Facebook, Google

The EU unveiled Wednesday proposals for a digital tax that targets US tech giants, heaping more problems on Facebook after revelations over misused data of 50 million users shocked the world. The special tax is the latest measure by the 28-nation European
Published 22 Mar, 2018 12:00am
EU unveils digital tax targeting Facebook, Google

EU unveils digital tax targeting Facebook, Google

The EU unveiled Wednesday proposals for a digital tax that targets US tech giants, heaping more problems on Facebook after revelations over misused data of 50 million users shocked the world. The special tax is the latest measure by the 28-nation European
Published 22 Mar, 2018 12:00am
EU unveils digital tax targeting Facebook, Google

EU unveils digital tax targeting Facebook, Google

The EU unveiled Wednesday proposals for a digital tax that targets US tech giants, heaping more problems on Facebook after revelations over misused data of 50 million users shocked the world. The special tax is the latest measure by the 28-nation European
Published 22 Mar, 2018 12:00am
Duty, tax revision: five big telecom companies approach MoF

Duty, tax revision: five big telecom companies approach MoF

Five leading telecom companies have collectively approached the Ministry of Finance for massive rationalization of duties and taxes on tele com industry at import as well as domestic stages in the coming budget (2018-19).
Published 22 Mar, 2018 12:00am
Duty, tax revision: five big telecom companies approach MoF

Duty, tax revision: five big telecom companies approach MoF

Five leading telecom companies have collectively approached the Ministry of Finance for massive rationalization of duties and taxes on tele com industry at import as well as domestic stages in the coming budget (2018-19).
Published 22 Mar, 2018 12:00am
Duty, tax revision: five big telecom companies approach MoF

Duty, tax revision: five big telecom companies approach MoF

Five leading telecom companies have collectively approached the Ministry of Finance for massive rationalization of duties and taxes on tele com industry at import as well as domestic stages in the coming budget (2018-19).
Published 22 Mar, 2018 12:00am
Duty, tax revision: five big telecom companies approach MoF

Duty, tax revision: five big telecom companies approach MoF

Five leading telecom companies have collectively approached the Ministry of Finance for massive rationalization of duties and taxes on tele com industry at import as well as domestic stages in the coming budget (2018-19).
Published 22 Mar, 2018 12:00am
PIA minority shareholding: PC to seek EoI from investors: minister

PIA minority shareholding: PC to seek EoI from investors: minister

Privatiz-ation Commission will seek expression of interest (EoI) from private investors for Pakistan International Airline (PIA) minority shareholding within three months, subject to the approval of Cabinet Committee on Privatization (CCoP). This was disc
Published 22 Mar, 2018 12:00am
PIA minority shareholding: PC to seek EoI from investors: minister

PIA minority shareholding: PC to seek EoI from investors: minister

Privatiz-ation Commission will seek expression of interest (EoI) from private investors for Pakistan International Airline (PIA) minority shareholding within three months, subject to the approval of Cabinet Committee on Privatization (CCoP). This was disc
Published 22 Mar, 2018 12:00am
PIA minority shareholding: PC to seek EoI from investors: minister

PIA minority shareholding: PC to seek EoI from investors: minister

Privatiz-ation Commission will seek expression of interest (EoI) from private investors for Pakistan International Airline (PIA) minority shareholding within three months, subject to the approval of Cabinet Committee on Privatization (CCoP). This was disc
Published 22 Mar, 2018 12:00am
Rao Anwar arrested from SC

Rao Anwar arrested from SC

After ordering Sindh police to arrest Rao Anwar, alleged murderer of Naqeebullah Mehsud, the Supreme Court (SC) constituted an investigation team on Wednesday to probe the suspended SSP Malir. Rao is considered to be the main accused in the murder of Naqe
Published 22 Mar, 2018 12:00am
Rao Anwar arrested from SC

Rao Anwar arrested from SC

After ordering Sindh police to arrest Rao Anwar, alleged murderer of Naqeebullah Mehsud, the Supreme Court (SC) constituted an investigation team on Wednesday to probe the suspended SSP Malir. Rao is considered to be the main accused in the murder of Naqe
Published 22 Mar, 2018 12:00am