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Print - 2018-04-05
Role of micro-insurance industry highlighted

Role of micro-insurance industry highlighted

A workshop on Increasing Access to Inclusive Insurance, hosted by the Pakistan Microfinance Network (PMN) and the Microinsurance Network (MiN) developed consensus that client awareness and designing simple insurance products is necessary for growth of the
Published 05 Apr, 2018 12:00am
International Sport Day tomorrow

International Sport Day tomorrow

Like other parts of the globe, 'the International Day of Sport for Development and Peace' is being marked here on April 6 with a resolve to continue efforts for promotion of peace through sports activities.
Published 05 Apr, 2018 12:00am
BAJK opens 68th branch at Mang

BAJK opens 68th branch at Mang

Bank of Azad Jammu and Kashmir (BAJK) has opened its 68th full-service branch at Mang in Sudhanoti the other day. The new branch was inaugurated by Minister for Finance, Planning & Development, Azad Government of The State of Jammu and Kashmir, Dr Muhamma
Published 05 Apr, 2018 12:00am
Inflation rate halved in last five years: Haroon

Inflation rate halved in last five years: Haroon

Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government has doubled the country's GDP growth as well as the tax revenue and halved the inflation during the last five years.
Published 05 Apr, 2018 12:00am
Manufacturers of non-duty paid cigarette avoid documentation: FBR

Manufacturers of non-duty paid cigarette avoid documentation: FBR

The manufactures of non-duty paid and counterfeit cigarettes are constantly avoiding documentation measures of the Federal Board of Revenue (FBR) within the supply chain to avoid duties and taxes at each and every stage of cigarette manufacturing. Sources
Published 05 Apr, 2018 12:00am
March petroleum, lubricant sales down 11 percent YoY

March petroleum, lubricant sales down 11 percent YoY

Petroleum and lubricant sales clocked in at 1.79 million tons in March 2018, depicting a decline of 11 percent on year-on-year basis while up by 23 percent on month-on-month basis on account of additional working days in March compared to last month and h
Published 05 Apr, 2018 12:00am
Another MQM-P MNA joins PSP

Another MQM-P MNA joins PSP

In yet another blow to already beleaguered Muttahida Qaumi Movement-Pakistan (MQM-P), MNA Muzammil Qureshi parted ways with the party on Wednesday and joined Syed Mustafa Kamal led Pak Sarzameen Party (PSP). Muzammil Qureshi announced his decision of join
Published 05 Apr, 2018 12:00am
SC upholds 10-year sentence of man for possessing grenade

SC upholds 10-year sentence of man for possessing grenade

The Supreme Court (SC) on Wednesday upheld the 10-year imprisonment awarded to a man for possessing rifle grenade, observing that possessing grenade was a heinous crime. The Anti-Terrorism Court (ATC) had awarded 14-year term to accused Naeemullah Niazi a
Published 05 Apr, 2018 12:00am
April and May: below normal rains forecast across country

April and May: below normal rains forecast across country

Heat waves are widely expected to strike major cities occasionally, the Met Office has forecast with below normal rains in the country during April and May 2018. An average temperature is likely to remain above normal across Pakistan in both months. "The
Published 05 Apr, 2018 12:00am
PBIF president for revising petrol's quality standards

PBIF president for revising petrol's quality standards

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasized the need that the quality standard for petrol is required to be revised in Pakistan in accordance to geographical and vehicles' need in the country. In most o
Published 05 Apr, 2018 12:00am
Dry weather likely today

Dry weather likely today

Temperature on Wednesday scaled up to 42 degrees Celsius, each, in Shaheed Benazirabad and Padidan, as the Met Office forecast dry weather for Thursday across the country. Mercury struck 41 degrees Celsius, each, in Sukkur, Rohri, Jacobabad, Hyderabad and
Published 05 Apr, 2018 12:00am
MCC foils attempt to smuggle betel nuts

MCC foils attempt to smuggle betel nuts

Model Customs Collectorate (MCC) Port Qasim on Wednesday claimed to have confiscated huge quantity of betel nuts imported under the guise of 'Wax Granules' at Port Qasim. The MCC has received a tip-off which revealed that an attempt would be made to smugg
Published 05 Apr, 2018 12:00am
Customs value of different types of yarns revised

Customs value of different types of yarns revised

Directorate General Customs Valuation (DGCV) has revised the customs values of different types of yarns under section 25(9) of Customs Act 1969. According to details, the customs values of polyester spun yarn, viscose spun yarn, acrylic spun yarn and blen
Published 05 Apr, 2018 12:00am
One killed in Timergara accident

One killed in Timergara accident

One person was killed while three others sustained injuries when two cars collided head on at Trai Timergara in the wee hours of Wednesday. Police and local sources said that four friends Asghar Khan, Naeem Khan, Fazali Rabbi and Malik Fakhar Hayat were o
Published 05 Apr, 2018 12:00am
JI activist Sibghatullah joins PTI

JI activist Sibghatullah joins PTI

Prominent Jamaat-e-Islami (JI) activist of Dir Upper, Sahibzada Sibghatullah Wednesday quit his old party and announced joining of Pakistan Tehrik-e-Insaf (PTI).
Published 05 Apr, 2018 12:00am
PU takes out rally to express solidarity with Kashmiris

PU takes out rally to express solidarity with Kashmiris

Punjab University Centre for South Asian Studies and Department of Political Science has organized a rally to express solidarity with the people of Held Kashmir. CSAS and Department of Political Science's Chairperson Professor Dr Umbreen Javed, Academic S
Published 05 Apr, 2018 12:00am
Punjab budget's 15 percent being spent on health sector: minister

Punjab budget's 15 percent being spent on health sector: minister

Punjab government is spending 15 percent of the total budget of the province on health sector during the current financial year. Provincial Minister for Health Kh Suleman Raffique said here on Wednesday that keeping in view the public health as its first
Published 05 Apr, 2018 12:00am
Marriyum condemns journalist's murder

Marriyum condemns journalist's murder

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb has strongly condemned the heinous murder of Zeeshan Butt, a journalist, and vowed to ensure that his murderers would meet their due fate. The minis
Published 05 Apr, 2018 12:00am
LHC directs to consolidate petitions of JuD chief

LHC directs to consolidate petitions of JuD chief

Lahore High Court Justice Aminuddin Khan here Wednesday directed the office to consolidate all petitions pertaining the possible arrest of Jamatud Dawa (JuD) chief Hafiz Saeed allegedly on the behest of United States and Indian.
Published 05 Apr, 2018 12:00am
NAB gets physical remand of ETPB ex-chairman

NAB gets physical remand of ETPB ex-chairman

The National Accountability Bureau (NAB) on Wednesday obtained 15-day physical remand of former Chairman Evacuee Trust Property Board (ETPB) Asif Akhtar Hashmi from two different accountability courts in two different references of misuse of authority and
Published 05 Apr, 2018 12:00am
Fauji Meat launch 'Zabeeha' in DHA

Fauji Meat launch 'Zabeeha' in DHA

Fauji Meat Limited is building the domestic market stronghold by launching a meat shop by the name Zabeeha. In this regard, a brand launch ceremony was held at the first store located at 15 - C, Street 11, Badar Commercial, Phase 5, DHA, Karachi.
Published 05 Apr, 2018 12:00am
Trump administration's pressure on Pakistan continues unabated

Trump administration's pressure on Pakistan continues unabated

The Trump administration continues to put pressure on Pakistan to crackdown on militant organizations, but this time the target are those outfits once associated with the armed struggle for the independence of Kashmir. In a latest move, the US State Depar
Published 05 Apr, 2018 12:00am
Spring festival

Spring festival

Safa Gold Mall in collaboration with Islamabad Capital Territory Administration is organising a spring festival for the residents of Islamabad at the venue of Lake View Park, Islamabad on Saturday and Sunday (7-8 April) from 2pm to 10pm. This family festi
Published 05 Apr, 2018 12:00am
Speakers laud women entrepreneurs' role in economic growth

Speakers laud women entrepreneurs' role in economic growth

"Women entrepreneurs play vital role in the economic growth of any country. Women entrepreneurs face lot of problems right from the beginning till the enterprise functions."These views were expressed by speakers in a round table organized by HomeNet Pakis
Published 05 Apr, 2018 12:00am
Fazl accuses Musharraf of putting Kashmir issue on the back burner

Fazl accuses Musharraf of putting Kashmir issue on the back burner

While condemning Indian atrocities against the people of Indian Occupied Kashmir, Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman has said that only solution to this core issue is implementation on the United Nations resolutions, besides hold
Published 05 Apr, 2018 12:00am
ANF chief for eradicating menace of narcotics

ANF chief for eradicating menace of narcotics

Commander Anti-Narcotics Force Punjab Brigadier Khalid Mahmood Goraya has said that drug addicts have no future and it was our collective responsibility to eradicate menace of use of narcotics from the society.
Published 05 Apr, 2018 12:00am
Four human smugglers held

Four human smugglers held

The Federal Investigation Agency (FIA) on Wednesday arrested four human smugglers from different districts of the province. An FIA team headed by Anti-Human Trafficking Cell Assistant Director Ahsan Bajwa conducted raids in different parts of the province
Published 05 Apr, 2018 12:00am
Pemra not an independent body: CJP

Pemra not an independent body: CJP

The Supreme Court on Wednesday observed that Pakistan Electronic Media Regulatory Authority (Pemra) is not an independent body. "The PEMRA is not an independent body, as the policy decisions and the appointments of its chairman and members are made by the
Published 05 Apr, 2018 12:00am
Turkish Naval Forces Commander lauds PN's role for peace, stability

Turkish Naval Forces Commander lauds PN's role for peace, stability

Commander Turkish Naval Forces, Vice Admiral Adnan Ozbal was on an official visit to Pakistan. During the visit, Commander Turkish Naval Forces called on Chief of the Naval staff Admiral Zafar Mahmood Abbasi at Naval Headquarters Islamabad here on the oth
Published 05 Apr, 2018 12:00am
Tax returns' filing: FPCCI urges government to simplify procedure

Tax returns' filing: FPCCI urges government to simplify procedure

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Ch Arfan Yousaf has urged the government to simplify the procedure for filing the income tax returns. While speaking at a meeting at the FPCCI regional office here Wednesday h
Published 05 Apr, 2018 12:00am
ECP violated law on delimitation process: NA body told

ECP violated law on delimitation process: NA body told

Ministry of Law and Justice on Wednesday told the National Assembly Standing Committee on Parliamentary Affairs that Election Commission of Pakistan (ECP) has violated the law on delimitation process and anybody can challenge it in the Supreme Court.
Published 05 Apr, 2018 12:00am
Future of journalism in India

Future of journalism in India

India under Narendra Modi has been witnessing the killing of journalists these days. Late on Monday, the Information and Broadcasting Ministry had said the government would cancel its accreditation of journalists who peddled "fake news". But in an interes
Published 05 Apr, 2018 12:00am
Russia short of foreign policy options if bet on Trump fails

Russia short of foreign policy options if bet on Trump fails

Russia long saw Donald Trump as the wild card in its strategy to improve relations with the United States. But 14 months after he became US president, Moscow is close to viewing him as a busted flush, unable to enact his pledge for better ties. Trump relu
Published 05 Apr, 2018 12:00am
Weapons of 'mass contraction'

Weapons of 'mass contraction'

The United States has been the global economic leader since early 19th Century but global economic epicenter has shifted to Asia led by China. Today China is the largest economy on purchasing power parity but on current prices (2018 estimates) the US has
Published 05 Apr, 2018 12:00am
PML-N Quaid's 'alternative facts'

PML-N Quaid's 'alternative facts'

Ousted prime minister Mian Nawaz Sharif addressed a large public gathering the other day in Swat where he vented his anger at his arch rival, Imran Khan, calling him 'Ilzam Khan' (for taking him to court in the Panamagate case), and predicting PTI's perma
Published 05 Apr, 2018 12:00am
When the mild-mannered turn aggressive

When the mild-mannered turn aggressive

One knows that something is terribly wrong when the mild-mannered turn aggressive. Something of this nature appears to have overtaken Prime Minister (PM) Shahid Khaqan Abbasi. Normally known to be a cool if not phlegmatic character, Abbasi seems to have b
Published 05 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (April 04, 2018) and the forecast for Thursday (April 05, 2018).

Published 05 Apr, 2018 12:00am
Fall in inflation
Exchange

Fall in inflation

The latest price indices reveal that inflation continues to be at a low level. According to the latest statistics issued by the Pakistan Bureau of Statistics (PBS) on 2nd April, 2018, inflation as measured by the Consumer Price Index (CPI) decreased to 3.
Published 05 Apr, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 04, 2018).

Published 05 Apr, 2018 12:00am
YouTube shooter warned of 'injustice and disease' in online screeds

YouTube shooter warned of 'injustice and disease' in online screeds

An Iranian-born woman who blogged about veganism and warned that the planet was "full of injustice and disease" had accused YouTube of suppressing her videos before she opened fire at the company's California headquarters, wounding three and killing herse
Published 05 Apr, 2018 12:00am
YouTube shooter warned of 'injustice and disease' in online screeds

YouTube shooter warned of 'injustice and disease' in online screeds

An Iranian-born woman who blogged about veganism and warned that the planet was "full of injustice and disease" had accused YouTube of suppressing her videos before she opened fire at the company's California headquarters, wounding three and killing herse
Published 05 Apr, 2018 12:00am
India to offer $3-4 billion development plan for giant Iran gas field

India to offer $3-4 billion development plan for giant Iran gas field

India is set to offer a $3-4 billion development plan for the Farzad B gas field to Iran next week after Tehran reduced the scope of the project, two sources familiar with the matter said. Relations between the two countries, which have long held deep tra
Published 05 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 04, 2018).

Published 05 Apr, 2018 12:00am
India to offer $3-4 billion development plan for giant Iran gas field

India to offer $3-4 billion development plan for giant Iran gas field

India is set to offer a $3-4 billion development plan for the Farzad B gas field to Iran next week after Tehran reduced the scope of the project, two sources familiar with the matter said. Relations between the two countries, which have long held deep tra
Published 05 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 04, 2018)

Published 05 Apr, 2018 12:00am
India to offer $3-4 billion development plan for giant Iran gas field

India to offer $3-4 billion development plan for giant Iran gas field

India is set to offer a $3-4 billion development plan for the Farzad B gas field to Iran next week after Tehran reduced the scope of the project, two sources familiar with the matter said. Relations between the two countries, which have long held deep tra
Published 05 Apr, 2018 12:00am
Mob burns homes in fresh India caste violence

Mob burns homes in fresh India caste violence

Hundreds of Indian security forces enforced a curfew on a tense district Wednesday after a mob set fire to the homes of two political figures from the country's low-caste Dalit community. Amid heightened communal tensions over caste rights, some 5,000 peo
Published 05 Apr, 2018 12:00am
Mob burns homes in fresh India caste violence

Mob burns homes in fresh India caste violence

Hundreds of Indian security forces enforced a curfew on a tense district Wednesday after a mob set fire to the homes of two political figures from the country's low-caste Dalit community. Amid heightened communal tensions over caste rights, some 5,000 peo
Published 05 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 04, 2018).

Published 05 Apr, 2018 12:00am
Nawaz again criticises Senate chairman's election

Nawaz again criticises Senate chairman's election

Deposed Prime Minister Nawaz Sharif on Wednesday said that there is no reason to delay the next general elections and any delay in polls will not be accepted. Talking to reporters informally inside the Accountability Court hearing corruption cases against
Published 05 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 04, 2018).

Published 05 Apr, 2018 12:00am
Nawaz again criticises Senate chairman's election

Nawaz again criticises Senate chairman's election

Deposed Prime Minister Nawaz Sharif on Wednesday said that there is no reason to delay the next general elections and any delay in polls will not be accepted. Talking to reporters informally inside the Accountability Court hearing corruption cases against
Published 05 Apr, 2018 12:00am
Trump promises Syria pullout, but sets no end date

Trump promises Syria pullout, but sets no end date

President Donald Trump's White House vowed Wednesday that the US mission in Syria would come to a "rapid end" but failed to put a timetable on an eventual withdrawal. Just days after Trump shocked aides and allies by declaring that the 2,000 troops would
Published 05 Apr, 2018 12:00am
Trump promises Syria pullout, but sets no end date

Trump promises Syria pullout, but sets no end date

President Donald Trump's White House vowed Wednesday that the US mission in Syria would come to a "rapid end" but failed to put a timetable on an eventual withdrawal. Just days after Trump shocked aides and allies by declaring that the 2,000 troops would
Published 05 Apr, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Falling trend persisted on the money market on Wednesday as the rupee failed to come out of the wood versus the dollar in the process of trading activity, money experts said. The rupee shed two paisas in terms of the dollar for buying and selling at Rs 11
Published 05 Apr, 2018 12:00am
Saudi Arabia's first cinema to open on April 18

Saudi Arabia's first cinema to open on April 18

Saudi Arabia's first cinema in over three decades will open on April 18 in Riyadh, authorities said Wednesday, after a ban was lifted last year as part of a far-reaching liberalisation drive. AMC Entertainment has been granted the first licence to operate
Published 05 Apr, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

Falling trend persisted on the money market on Wednesday as the rupee failed to come out of the wood versus the dollar in the process of trading activity, money experts said. The rupee shed two paisas in terms of the dollar for buying and selling at Rs 11
Published 05 Apr, 2018 12:00am
'Derogatory' speeches: new bench constituted

'Derogatory' speeches: new bench constituted

Lahore High Court Chief Justice Muhammad Yawar Ali on Wednesday constituted a full bench third time to hear petitions against alleged anti-judiciary speeches of Nawaz Sharif, Maryam Nawaz and other leaders of Pakistan Muslim League-Nawaz (PML-N). The benc
Published 05 Apr, 2018 12:00am
'Derogatory' speeches: new bench constituted

'Derogatory' speeches: new bench constituted

Lahore High Court Chief Justice Muhammad Yawar Ali on Wednesday constituted a full bench third time to hear petitions against alleged anti-judiciary speeches of Nawaz Sharif, Maryam Nawaz and other leaders of Pakistan Muslim League-Nawaz (PML-N). The benc
Published 05 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 04, 2018).

Published 05 Apr, 2018 12:00am
Russia loses OPCW bid for joint spy poisoning probe

Russia loses OPCW bid for joint spy poisoning probe

Russia lost a bid Wednesday at the global chemical weapons watchdog to launch a joint probe with Britain into the spy poisoning scandal, and sought to press its case at the highest level calling for urgent UN Security Council talks. London has said it is
Published 05 Apr, 2018 12:00am
Russia loses OPCW bid for joint spy poisoning probe

Russia loses OPCW bid for joint spy poisoning probe

Russia lost a bid Wednesday at the global chemical weapons watchdog to launch a joint probe with Britain into the spy poisoning scandal, and sought to press its case at the highest level calling for urgent UN Security Council talks. London has said it is
Published 05 Apr, 2018 12:00am
SBP defends decision about defunct

SBP defends decision about defunct

The State Bank of Pakistan (SBP) on Wednesday reiterated that the decision concerning defunct KASB Bank has been taken on merit and in valid exercise of jurisdiction under the Banking Companies Ordinance. In a press statement, SBP said that of late, the c
Published 05 Apr, 2018 12:00am
SBP defends decision about defunct

SBP defends decision about defunct

The State Bank of Pakistan (SBP) on Wednesday reiterated that the decision concerning defunct KASB Bank has been taken on merit and in valid exercise of jurisdiction under the Banking Companies Ordinance. In a press statement, SBP said that of late, the c
Published 05 Apr, 2018 12:00am
SBP defends decision about defunct

SBP defends decision about defunct

The State Bank of Pakistan (SBP) on Wednesday reiterated that the decision concerning defunct KASB Bank has been taken on merit and in valid exercise of jurisdiction under the Banking Companies Ordinance. In a press statement, SBP said that of late, the c
Published 05 Apr, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 05 Apr, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 05 Apr, 2018 12:00am
Zardari says PPP will never make 'peace' with PML-N

Zardari says PPP will never make 'peace' with PML-N

PPP Co-Chairman Asif Ali Zardari said that the former Prime Minister Nawaz Sharif won 'RO elections'. He alleged that the Pakistan Muslim League-Nawaz leader has always disrupted the PPP governments with the support of the establishment. The former presid
Published 05 Apr, 2018 12:00am
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