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Print - 2018-03-27
NAB decides to conduct complaint verification against Safdar

NAB decides to conduct complaint verification against Safdar

A meeting chaired by Chairman NAB former Justice Javed Iqbal at NAB Headquarters decided to conduct complaint verification against MNA Captain Muhammad Safdar (retd) for having assets beyond known sources of income. Captain Muhammad Safdar (retd) allegedl
Published 27 Mar, 2018 12:00am
GM crops cause no harmful impact on environment: experts

GM crops cause no harmful impact on environment: experts

The introduction of genetically modified (GM) crops in Pakistan has confirmed that GM crops have no harmful impact on environment and no such crops came in the market without risk assessment. Experts told Business Recorder here on Monday that the e
Published 27 Mar, 2018 12:00am
Tributes paid to Khan Abdul Ghani

Tributes paid to Khan Abdul Ghani

General Secretary ANP, Mian Iftikhar Hussain on Monday said that those who had sold votes in Senate polls have been identified and the PTI chief (Kaptan) had received proofs and now they are waiting that what kind of action would be taken against those wh
Published 27 Mar, 2018 12:00am
Nehal leaves himself at mercy of court

Nehal leaves himself at mercy of court

The Supreme Court on Monday summoned vice-chairman Pakistan Bar Counsel to suggest a sentence for Nehal Hashmi, former senator of Pakistan Muslim League-Nawaz, for openly abusing and ridiculing the judges of the superior judiciary.
Published 27 Mar, 2018 12:00am
KBP to stage protest demonstration today

KBP to stage protest demonstration today

The Kisan Board Pakistan (KBP) has announced to stage a protest demonstration on Tuesday, in front of the Punjab Assembly for getting a suitable support price for coming wheat crop. KBP Central President Ch Nisar Ahmad announced this while talking to medi
Published 27 Mar, 2018 12:00am
LHC summons NAB officials on April 12

LHC summons NAB officials on April 12

A division bench of the Lahore High Court turned down the plea of Paragon City, Tipu Developers and Executive Builders against freezing of their bank accounts by National Accountability Bureau (NAB) and issued notices to NAB for April 12.
Published 27 Mar, 2018 12:00am
PM briefed on operational preparedness of armed forces

PM briefed on operational preparedness of armed forces

Prime Minister Shahid Khaqan Abbasi has expressed satisfaction over the operation preparedness of armed forces of Pakistan and they capability to neutralize and defeat complete spectrum of threats and challenges. The Prime Minister stated this while speak
Published 27 Mar, 2018 12:00am
CoAS meets Sultan of Brunei

CoAS meets Sultan of Brunei

Chief of Army Staff, General Qamar Javed Bajwa who is on an official visit to Brunei Darussalam, met leadership the country. The CoAS met Sultan of Brunei, Haji Hassanal Bolkiah Muizzaddin Waddaulah. Matters of mutual interest including bilateral defense
Published 27 Mar, 2018 12:00am
Imran steps up criticism of Sharifs

Imran steps up criticism of Sharifs

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that the PTI would defeat the 'thieves' in next general elections. He was addressing party workers during membership campaign in different parts of Hazara division on Monday. Sharif brothers are
Published 27 Mar, 2018 12:00am
Haroon issues stern warning to tax-evaders, non-filers

Haroon issues stern warning to tax-evaders, non-filers

Minister of State for Revenue, Haroon Akhtar, warned the tax-evaders on Monday of a tougher policy with an assured punishment. "We will not tolerate tax-evasion," he said at a pre-budget 2018-19 seminar under the aegis of ICAP at a hotel. However, he also
Published 27 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Monday (March 26, 2018) and the forecast for Tuesday (March 27, 2018).

Published 27 Mar, 2018 12:00am
Punjab to set up first-ever water testing lab

Punjab to set up first-ever water testing lab

The Punjab government has decided to set up the first-ever water testing laboratory of international standard, said sources. They said the water lab would be set up in the vicinity of Johar Town. The provincial Planning and Development department has rece
Published 27 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
AJ&K president rejects India's objection over CPEC

AJ&K president rejects India's objection over CPEC

President of Azad Jammu and Kashmir (AJ&K), Sardar Masood Khan has said that India's objection over China-Pakistan Economic Corridor's (CPEC) passing through a disputed area is unfounded. In a meeting with Laura Schuurman, an international researcher on K
Published 27 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
LHC directs Cheema's counsel to appear today

LHC directs Cheema's counsel to appear today

A division bench of the Lahore High Court on Monday expressed displeasure after former LDA head Ahad Khan Cheema's counsel failed to appear before the court in a petition against arrest of Cheema by the National Accountability Bureau (NAB) in Ashiana-i-Iq
Published 27 Mar, 2018 12:00am
NICOP rates to be reduced after cabinet's meeting, minister tells SC

NICOP rates to be reduced after cabinet's meeting, minister tells SC

Federal Interior Minister Ahsan Iqbal on Monday informed the apex court that the rates of identity cards for overseas Pakistanis would be reduced after cabinet meeting. A three-member bench headed by Chief Justice Mian Saqib Nisar heard suo motu case rega
Published 27 Mar, 2018 12:00am
MMA stands revived

MMA stands revived

Country's religious parties have taken the right decision on the eve of general elections. Now the Muttahida Majlis-e-Amal (MMA) stands revived. Maulana Fazlur Rehman is its president while Liaquat Baloch is its secretary general. The occasion recalls the
Published 27 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
Denmark faces dilemma over Russian gas pipeline

Denmark faces dilemma over Russian gas pipeline

Denmark is under pressure to rule on whether a new Russian pipeline supplying gas to Germany can be built near its Baltic coast, a decision that puts it in the line of fire from friend and foe alike.
Published 27 Mar, 2018 12:00am
Revival of the Left

Revival of the Left

The task of reviving the Left to once again become an effective player in the polity has been exercising minds in the surviving Left parties and groups for long but the achievement of this goal has proved difficult. It is therefore heartening to note the
Published 27 Mar, 2018 12:00am
Rising fiscal deficit

Rising fiscal deficit

There has been some concern about the rising consolidated fiscal deficit of the federal and provincial governments combined of Pakistan. During the last five years, the best year was 2015-16 when the deficit was successfully restricted to 4.6 percent of t
Published 27 Mar, 2018 12:00am
PSL 2018 finale: Karachi gets breakthrough

PSL 2018 finale: Karachi gets breakthrough

The prospects of international cricket in Karachi, the country's economic hub and financial centre, have certainly received a major boost following the successful holding of the final match of Pakistan Super League (PSL) 2018 on Sunday. An estimated 40,00
Published 27 Mar, 2018 12:00am
People-friendly or technocratic?

People-friendly or technocratic?

Former Prime Minister Nawaz Sharif, who the current Prime Minister Shahid Khaqan Abbasi as well as Advisor to the Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail have repeatedly declared is their supreme leader, has directed the gove
Published 27 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 26, 2018)

Published 27 Mar, 2018 12:00am
China oil futures launch may threaten primacy of US dollar: UBS
Exchange

China oil futures launch may threaten primacy of US dollar: UBS

China''s launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Manag
Published 27 Mar, 2018 12:00am
China oil futures launch may threaten primacy of US dollar: UBS
Exchange

China oil futures launch may threaten primacy of US dollar: UBS

China's launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Manage
Published 27 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 26, 2018).

Published 27 Mar, 2018 12:00am
China oil futures launch may threaten primacy of US dollar: UBS
Exchange

China oil futures launch may threaten primacy of US dollar: UBS

China's launch on Monday of its crude futures exchange will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Manage
Published 27 Mar, 2018 12:00am
KCCI carries out survey on electricity issues

KCCI carries out survey on electricity issues

The consumers don''t consider K-electric as a reliable source of electricity due to which almost 95% of the offices, factories and homes keep diesel/petrol generators as an alternate backup for electricity. This was claimed in a report "Karachi Electricit
Published 27 Mar, 2018 12:00am
KCCI carries out survey on electricity issues

KCCI carries out survey on electricity issues

The consumers don't consider K-electric as a reliable source of electricity due to which almost 95% of the offices, factories and homes keep diesel/petrol generators as an alternate backup for electricity. This was claimed in a report "Karachi Electricity
Published 27 Mar, 2018 12:00am
KCCI carries out survey on electricity issues

KCCI carries out survey on electricity issues

The consumers don't consider K-electric as a reliable source of electricity due to which almost 95% of the offices, factories and homes keep diesel/petrol generators as an alternate backup for electricity. This was claimed in a report "Karachi Electricity
Published 27 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
Sisi to win Egyptian election but seeks high turnout

Sisi to win Egyptian election but seeks high turnout

Egyptians began voting on Monday in a presidential election that guarantees victory to President Abdel Fattah al-Sisi, running virtually unchallenged with all credible candidates intimidated or locked up. Sisi, who appears to see the vote more as a refere
Published 27 Mar, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Falling trend was witnessed on the currency market on Monday in the process of trading activity, experts said. The rupee shed 15 paisas in terms of the dollar for buying at Rs 115.45, while the national currency stayed put for selling at Rs 115.50, they s
Published 27 Mar, 2018 12:00am
Sisi to win Egyptian election but seeks high turnout

Sisi to win Egyptian election but seeks high turnout

Egyptians began voting on Monday in a presidential election that guarantees victory to President Abdel Fattah al-Sisi, running virtually unchallenged with all credible candidates intimidated or locked up. Sisi, who appears to see the vote more as a refere
Published 27 Mar, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Falling trend was witnessed on the currency market on Monday in the process of trading activity, experts said. The rupee shed 15 paisas in terms of the dollar for buying at Rs 115.45, while the national currency stayed put for selling at Rs 115.50, they s
Published 27 Mar, 2018 12:00am
Two Indian journalists killed in 24 hours

Two Indian journalists killed in 24 hours

Hit-and-run attackers have killed two journalists in 24 hours in separate incidents that underlined India's reputation as one of the most dangerous places for reporters, police said Monday. Police on Monday detained a former village chief in Bihar state a
Published 27 Mar, 2018 12:00am
Two Indian journalists killed in 24 hours

Two Indian journalists killed in 24 hours

Hit-and-run attackers have killed two journalists in 24 hours in separate incidents that underlined India's reputation as one of the most dangerous places for reporters, police said Monday. Police on Monday detained a former village chief in Bihar state a
Published 27 Mar, 2018 12:00am
IHC rejects ex-SECP chief's petition

IHC rejects ex-SECP chief's petition

The Islamabad High Court on Monday dismissed former Chairman SECP Zafar Hijazi's petition to quash an FIR registered against him for allegedly tampering with the record pertaining to Sharifs' companies. A single bench of IHC comprising Justice Mohsin Akht
Published 27 Mar, 2018 12:00am
IHC rejects ex-SECP chief's petition

IHC rejects ex-SECP chief's petition

The Islamabad High Court on Monday dismissed former Chairman SECP Zafar Hijazi's petition to quash an FIR registered against him for allegedly tampering with the record pertaining to Sharifs' companies. A single bench of IHC comprising Justice Mohsin Akht
Published 27 Mar, 2018 12:00am
Fire engulfed shopping mall killing at least 64

Fire engulfed shopping mall killing at least 64

Investigators looking into a fire that killed at least 64 people at a busy shopping mall in Siberia said on Monday a security guard had turned off the public address system and exits had been illegally blocked. The fire, one of the deadliest in Russia sin
Published 27 Mar, 2018 12:00am
Fire engulfed shopping mall killing at least 64

Fire engulfed shopping mall killing at least 64

Investigators looking into a fire that killed at least 64 people at a busy shopping mall in Siberia said on Monday a security guard had turned off the public address system and exits had been illegally blocked. The fire, one of the deadliest in Russia sin
Published 27 Mar, 2018 12:00am
Economic stability, improved law, order boost investors'' trust: PM

Economic stability, improved law, order boost investors'' trust: PM

Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order situation it has boosted confidence of the local and foreign investors. Talking to a delegation of Mitsubishi Cor
Published 27 Mar, 2018 12:00am
Economic stability, improved law, order boost investors' trust: PM

Economic stability, improved law, order boost investors' trust: PM

Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order situation it has boosted confidence of the local and foreign investors. Talking to a delegation of Mitsubishi Cor
Published 27 Mar, 2018 12:00am
Economic stability, improved law, order boost investors' trust: PM

Economic stability, improved law, order boost investors' trust: PM

Prime Minister Shahid Khaqan Abbasi Monday said that Pakistan has achieved significant economic stability and with the improved law and order situation it has boosted confidence of the local and foreign investors. Talking to a delegation of Mitsubishi Cor
Published 27 Mar, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Mar, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 27 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Monday managed to close in positive territory on the back of buying in select stocks. BRIndex100 gained 16.24 points or 0.33 percent to close at 4,896.91 points. BRIndex100 touched intraday high of 4,900.88 and intraday low of 4,86
Published 27 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Monday managed to close in positive territory on the back of buying in select stocks. BRIndex100 gained 16.24 points or 0.33 percent to close at 4,896.91 points. BRIndex100 touched intraday high of 4,900.88 and intraday low of 4,86
Published 27 Mar, 2018 12:00am
BRIndex100 edges up
Exchange

BRIndex100 edges up

Pakistan Stock Exchange Monday managed to close in positive territory on the back of buying in select stocks. BRIndex100 gained 16.24 points or 0.33 percent to close at 4,896.91 points. BRIndex100 touched intraday high of 4,900.88 and intraday low of 4,86
Published 27 Mar, 2018 12:00am
Saudi-led coalition threatens retaliation against Iran over missiles

Saudi-led coalition threatens retaliation against Iran over missiles

A military coalition led by Saudi Arabia on Monday threatened retaliation against Iran, accusing the Shia power of being behind a barrage of Yemeni rebel missile attacks on the kingdom. Saudi forces said they intercepted seven missiles on Sunday, includin
Published 27 Mar, 2018 12:00am
Saudi-led coalition threatens retaliation against Iran over missiles

Saudi-led coalition threatens retaliation against Iran over missiles

A military coalition led by Saudi Arabia on Monday threatened retaliation against Iran, accusing the Shia power of being behind a barrage of Yemeni rebel missile attacks on the kingdom. Saudi forces said they intercepted seven missiles on Sunday, includin
Published 27 Mar, 2018 12:00am
AGP urged to carry out pre-audit of IPPs'' invoices

AGP urged to carry out pre-audit of IPPs'' invoices

Power Division has requested Auditor General of Pakistan to carry out pre-audit of IPPs'' invoices on an urgent basis aimed at paying multi-billion rupee liabilities of IPPs as early as possible, well-informed sources told Business Recorder. The Ec
Published 27 Mar, 2018 12:00am
AGP urged to carry out pre-audit of IPPs' invoices

AGP urged to carry out pre-audit of IPPs' invoices

Power Division has requested Auditor General of Pakistan to carry out pre-audit of IPPs' invoices on an urgent basis aimed at paying multi-billion rupee liabilities of IPPs as early as possible, well-informed sources told Business Recorder. The Eco
Published 27 Mar, 2018 12:00am
AGP urged to carry out pre-audit of IPPs' invoices

AGP urged to carry out pre-audit of IPPs' invoices

Power Division has requested Auditor General of Pakistan to carry out pre-audit of IPPs' invoices on an urgent basis aimed at paying multi-billion rupee liabilities of IPPs as early as possible, well-informed sources told Business Recorder. The Eco
Published 27 Mar, 2018 12:00am
ASEAN states: trade officials grilled for failing to make inroads
Cotton

ASEAN states: trade officials grilled for failing to make inroads

National Assembly Standing Committee on Commerce and Textile on Monday grilled Commerce Division officials for unremarkable achievement in trade in the ASEAN (Association of Southeast Asian Nations) countries as well as Commercial Counselors. ASEAN compri
Published 27 Mar, 2018 12:00am
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