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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
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (March 26, 2018).
Published 27 Mar, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (March 26, 2018).

Published 27 Mar, 2018 12:00am
ECP removes Farooq as convener of MQM-P

ECP removes Farooq as convener of MQM-P

The Election Commission of Pakistan (ECP) on Monday removed Dr Farooq Sattar as the convener of the Muttahida Qaumi Movement-Pakistan (MQM-P) while deciding the petitions filed against him by Bahadurabad group led by Dr Khalid Maqbool Siddiqui. Siddiqui a
Published 27 Mar, 2018 12:00am
ECP removes Farooq as convener of MQM-P

ECP removes Farooq as convener of MQM-P

The Election Commission of Pakistan (ECP) on Monday removed Dr Farooq Sattar as the convener of the Muttahida Qaumi Movement-Pakistan (MQM-P) while deciding the petitions filed against him by Bahadurabad group led by Dr Khalid Maqbool Siddiqui. Siddiqui a
Published 27 Mar, 2018 12:00am
Dual nationalities: 147 civil servants issued notices

Dual nationalities: 147 civil servants issued notices

The Supreme Court on Monday issued notices to 147 civil servants of grade-17 and above who did not voluntarily divulge their dual nationalities despite the court's offer. A three-judge bench headed by Chief Justice Mian Saqib Nisar, which heard the suo mo
Published 27 Mar, 2018 12:00am
Dual nationalities: 147 civil servants issued notices

Dual nationalities: 147 civil servants issued notices

The Supreme Court on Monday issued notices to 147 civil servants of grade-17 and above who did not voluntarily divulge their dual nationalities despite the court's offer. A three-judge bench headed by Chief Justice Mian Saqib Nisar, which heard the suo mo
Published 27 Mar, 2018 12:00am
US expels 60 Russians as allies back Britain in spy row

US expels 60 Russians as allies back Britain in spy row

The United States joined Britain's allies in Europe and around the world Monday in expelling scores of suspected Russian spies in an unprecedented response to a nerve agent attack. At least 114 alleged agents working under diplomatic cover were ordered ou
Published 27 Mar, 2018 12:00am
US expels 60 Russians as allies back Britain in spy row

US expels 60 Russians as allies back Britain in spy row

The United States joined Britain's allies in Europe and around the world Monday in expelling scores of suspected Russian spies in an unprecedented response to a nerve agent attack. At least 114 alleged agents working under diplomatic cover were ordered ou
Published 27 Mar, 2018 12:00am
China's PM pledges market opening in bid to avert US trade war
Exchange

China's PM pledges market opening in bid to avert US trade war

Premier Li Keqiang said on Monday China and the United States should maintain negotiations and he reiterated pledges to ease access for American businesses, as China scrambles to avert a trade war. Li told a conference that included global chief executive
Published 27 Mar, 2018 12:00am
China's PM pledges market opening in bid to avert US trade war
Exchange

China's PM pledges market opening in bid to avert US trade war

Premier Li Keqiang said on Monday China and the United States should maintain negotiations and he reiterated pledges to ease access for American businesses, as China scrambles to avert a trade war. Li told a conference that included global chief executive
Published 27 Mar, 2018 12:00am
China''s PM pledges market opening in bid to avert US trade war
Exchange

China''s PM pledges market opening in bid to avert US trade war

Premier Li Keqiang said on Monday China and the United States should maintain negotiations and he reiterated pledges to ease access for American businesses, as China scrambles to avert a trade war. Li told a conference that included global chief executive
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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