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Print - 2018-04-07
People involved in Mashal's murder listed in Schedule-IV

People involved in Mashal's murder listed in Schedule-IV

Some influential persons involved in Mashal Khan murder case have been placed on Schedule-IV while the Federal Investigation Agency is still investigating the case from different angles. The district police officer Mardan informed this to the National Ass
Published 07 Apr, 2018 12:00am
'Kashmir Solidarity Day' held in Tehran

'Kashmir Solidarity Day' held in Tehran

The Embassy of Pakistan in Tehran organised a ceremony on Friday to observe 'Kashmir Solidarity Day' with the people of the Indian occupied Kashmir who have been recently subjected to worst kind of brutalities by Indian forces, a press release received he
Published 07 Apr, 2018 12:00am
Extensive data base of locals: PTBA suggests FBR to involve third party

Extensive data base of locals: PTBA suggests FBR to involve third party

Pakistan Tax Bar Association (PTBA) in its budget proposals suggested the Federal Board of Revenue (FBR) to involve an external, third-party to establish an extensive data base of locals to determine efficient compliance and removal of additional burdens
Published 07 Apr, 2018 12:00am
KCFR arranges interactive session with Vice Rector MGIMO
Exchange

KCFR arranges interactive session with Vice Rector MGIMO

The Karachi Council on Foreign Relations (KCFR) Friday arranged an interactive session at Hotel Marriot with the visiting Vice Rector of the Moscow State Institute of Foreign Relations (MGIMO) Evgeny Michailovich Kozhokinon on the topic of Current stage o
Published 07 Apr, 2018 12:00am
Gold import surges by 28 percent

Gold import surges by 28 percent

The country's import of gold surged by 28 percent to $13.180 million in July-February 2017-18, official figures say. Increase in gold import now comes to the value of $2.868 million in July-February 2017-18 from $10.312 million in July-February 2016-17, P
Published 07 Apr, 2018 12:00am
Masses prefer timely polls: Marriyum

Masses prefer timely polls: Marriyum

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb talking to the media outside Ehtesab and Supreme Court here Friday said that voices in support of giving respect to vote were resonating throughout
Published 07 Apr, 2018 12:00am
Festival to promote Punjabi language begins

Festival to promote Punjabi language begins

A three-day festival began on Friday in the provincial capital with an aim to highlight the culture and civilization of Punjab. The grand event, which saw the participation of more than 5,000 people from all walks of life on first day, was organized by Pu
Published 07 Apr, 2018 12:00am
Youth urged to fight against corruption

Youth urged to fight against corruption

The Liaqat University of Medical & Health Sciences Jamshoro in collaboration with National Accountability Bureau arranged a Seminar on "Role of Youth in Fighting against Corruption" on Friday at LUMHS Jamshoro. While addressing a large number of students
Published 07 Apr, 2018 12:00am
Dry weather likely today

Dry weather likely today

The country is expected to witness a dry weather on Saturday with chances of hot spell in its central and southern parts, the Met Office said on Friday.
Published 07 Apr, 2018 12:00am
Pakistan fences over 200 km of volatile areas along Afghan border

Pakistan fences over 200 km of volatile areas along Afghan border

Despite reservations by Afghan government, Pakistan has fenced more than 200 kilometers of the most porous and volatile areas of Pakistan-Afghan border to regulate the cross-border movement and check infiltration of terrorists. Sources in Foreign Office a
Published 07 Apr, 2018 12:00am
Mixed reaction over tax amnesty scheme
Exchange

Mixed reaction over tax amnesty scheme

The tax amnesty scheme announced by Prime Minister Shahid Khaqan Abbasi has evoked mixed reaction from businessmen, industrialists and political leaders as they foresee far-reaching implications of the scheme on Pakistan's economy and tax structure.
Published 07 Apr, 2018 12:00am
Turkish naval ship arrives

Turkish naval ship arrives

TCG GELIBOLU, a Turkish Navy Oliver Hazard Perry Class ship arrived in Karachi on a four days goodwill visit. Ship was escorted into harbour by Pakistan Navy ship ASLAT and was received with a warm welcome during an impressive reception at Pakistan Navy D
Published 07 Apr, 2018 12:00am
Raw material imports: PAMA seeks tax exemption under SRO 655(I)/2006

Raw material imports: PAMA seeks tax exemption under SRO 655(I)/2006

Pakistan Automotive Manufacturers' Association in its budget proposals recommended exemption to raw material imported under SRO 655(I)/2006. The imports made under SRO 655(I)/2006 should be exempted from regulatory duty as such exemption was also given to
Published 07 Apr, 2018 12:00am
Raw material imports: PAMA seeks tax exemption under SRO 655(I)/2006

Raw material imports: PAMA seeks tax exemption under SRO 655(I)/2006

Pakistan Automotive Manufacturers' Association in its budget proposals recommended exemption to raw material imported under SRO 655(I)/2006. The imports made under SRO 655(I)/2006 should be exempted from regulatory duty as such exemption was also given to
Published 07 Apr, 2018 12:00am
Educational Workshops held

Educational Workshops held

In a series of educational workshops conducted under Abasyn Health Society and Abasyn Industrial Liaison and Placement Committee at Abasyn University Islamabad Campus, two workshops were conducted on biosafety in healthcare laboratories and CV writing, re
Published 07 Apr, 2018 12:00am
Anti-corruption department directed not to harass ex-CM

Anti-corruption department directed not to harass ex-CM

Sindh High Court (SHC) on Friday restrained the anti-corruption department from harassing former chief minister Arbab Ghulam Rahim in connection with an inquiry of alleged embezzlement during his term. A division bench was hearing the plea of Arbab, who h
Published 07 Apr, 2018 12:00am
ABAD hails unified property tax

ABAD hails unified property tax

Association of Builders and Developers of Pakistan (ABAD) Chairman Arif Yousuf Jeewa Friday welcomed the announcement of unified property tax by Prime Minister Shahid Khaqan Abbasi saying that we are glad to hear that the Prime Minister has accepted the p
Published 07 Apr, 2018 12:00am
Use of non-degradable plastic product banned in Sindh

Use of non-degradable plastic product banned in Sindh

Sindh government has banned use of non-degradable plastic product for being dangerous to environment and human life. Citing the section 14 of subs-section 3 of Sindh Environmental Protection Act 2014, it said "no person shall import, manufacture, stockpil
Published 07 Apr, 2018 12:00am
Journalists visit NARC

Journalists visit NARC

The Directorate of Public Relations and Protocol (PR&P) of Pakistan Agricultural Research Council (PARC) arranged an exposure visit of electronic and print media group aiming to acquaint the media about agri-research and development activities being carri
Published 07 Apr, 2018 12:00am
Bilawal voices concern over Indus Delta issue

Bilawal voices concern over Indus Delta issue

Pakistan Peoples Party (PPP) chairman Bilawal Bhutto-Zardari has expressed serious concern over the accelerated rate with which the most fertile lands of Badin and Thatta Districts are being eroded by the sea.
Published 07 Apr, 2018 12:00am
Contempt case: Talal to record statement on April 30

Contempt case: Talal to record statement on April 30

Minister of State for Interior, Talal Chaudhry will record his statement in the contempt of court petition on April 30, as the prosecution witness completed his statement on Friday. A three-judge bench, headed by Justice Ejaz Afzal, heard the contempt cas
Published 07 Apr, 2018 12:00am
World community urged to take notice of HR violations in IHK

World community urged to take notice of HR violations in IHK

President Mamnoon Hussain and Prime Minister Shahid Khaqan Abbasi on Friday urged the international community to take notice of the gross human rights violations in Occupied Kashmir and fulfil its obligations under the United Nations Security Council reso
Published 07 Apr, 2018 12:00am
'Kashmir Solidarity Day' held in Tehran

'Kashmir Solidarity Day' held in Tehran

The Embassy of Pakistan in Tehran organised a ceremony on Friday to observe 'Kashmir Solidarity Day' with the people of the Indian occupied Kashmir who have been recently subjected to worst kind of brutalities by Indian forces, a press release received he
Published 07 Apr, 2018 12:00am
Punjab government shows solidarity with Kashmiri people

Punjab government shows solidarity with Kashmiri people

The Punjab government on Friday showed their complete solidarity with the people of Occupied Kashmir on the occasion of Kashmir Solidarity Day. Punjab Chief Minister Muhammad Shahbaz Sharif, ministers and officers attended various meetings with black ribb
Published 07 Apr, 2018 12:00am
NAB KP authorises inquiries against employees of Pesco, others

NAB KP authorises inquiries against employees of Pesco, others

A meeting of the Regional Board Meeting (RBM) of National Accountability Bureau (NAB) Khyber Pakhtunkhwa held here on Friday with Director General (DG) Farmanullah Khan in the chair. The meeting was attended by directors, deputy prosecutor general (DPGA),
Published 07 Apr, 2018 12:00am
PM to inaugurate Khuzdar-Shahdadkot section today

PM to inaugurate Khuzdar-Shahdadkot section today

Prime Minister Shahid Khaqan Abbasi will inaugurate Khuzdar-Shahdadkot section and start of work on Yakmach-Kharan road project during a ceremony in Kharan Today. Both the projects are part of government's plan to improve and widen road network in Balochi
Published 07 Apr, 2018 12:00am
Mushaal urges youth to raise voice for Kashmir's freedom

Mushaal urges youth to raise voice for Kashmir's freedom

Mushaal Hussein Mullick, a human rights activist and the wife of Kashmiri leader Yasin Malik, has called upon the youth to raise their voice at all platforms including social media for the rights and freedom of Kashmiris who are facing unabated brutalitie
Published 07 Apr, 2018 12:00am
There's a culture of defeat

There's a culture of defeat

Business Recorder op-ed writer Syed Bakhtiyar Kazmi is undoubtedly a very well-read person. In his last article, he had argued, among other things, "frankly, never have bad policy decisions ever been a bane for those at the helm of powers. The vote
Published 07 Apr, 2018 12:00am
Offshore oil industry suppliers fight to be fit for frugal future

Offshore oil industry suppliers fight to be fit for frugal future

Rising more than 20 metres above the sea, Statoil's Aasta Hansteen platform towers over the Stord shipyard in western Norway, representing the height of engineering in the offshore oil sector. It will probably be the last platform of its kind to leave her
Published 07 Apr, 2018 12:00am
China's leadership transition - I

China's leadership transition - I

China's National People's Congress (NPC) on March 5, 2018 approved President Xi Jinping's second five-year term in office. Earlier Deng Xiaoping, the architect of China's historic reforms, had two five-year terms and so did his successors - Jiang Zemin an
Published 07 Apr, 2018 12:00am
Pakistanis among the happiest people?

Pakistanis among the happiest people?

The 'World's Happiest Nations Index' was released by the Sustainable Development Solutions Network for the United Nations on March 14 ahead of the March 20 World's Happiness Day. The report ranks countries on six key variables that support people's well-b
Published 07 Apr, 2018 12:00am
The Syria cauldron

The Syria cauldron

Convergence of interests is a reality that usually trumps all other considerations. One of its glaring examples is how Turkey, Iran and Russia have pledged to accelerate efforts to bring stability to Syria, underlining their joint commitment to the countr
Published 07 Apr, 2018 12:00am
At tenure's fag end, govt struggles to remain sane
Exchange

At tenure's fag end, govt struggles to remain sane

The much talked-about tax amnesty scheme has been finally launched by prime minister Shahid Khaqan Abbasi through a live televised press conference; it is part of a tax policy package that seeks to enlarge the tax base, address the problem of tax evaded a
Published 07 Apr, 2018 12:00am
UK refuses visa for Russian ex-spy's niece

UK refuses visa for Russian ex-spy's niece

Britain on Friday rejected a visa application by the niece of Russian ex-spy Sergei Skripal, who was poisoned with a nerve agent along with his daughter Yulia in an English city last month. "We have refused a visitor visa application from Viktoria Skripal
Published 07 Apr, 2018 12:00am
UK refuses visa for Russian ex-spy's niece

UK refuses visa for Russian ex-spy's niece

Britain on Friday rejected a visa application by the niece of Russian ex-spy Sergei Skripal, who was poisoned with a nerve agent along with his daughter Yulia in an English city last month. "We have refused a visitor visa application from Viktoria Skripal
Published 07 Apr, 2018 12:00am
Virtual currencies: Banks must not facilitate customers: SBP
Exchange

Virtual currencies: Banks must not facilitate customers: SBP

The State Bank of Pakistan (SBP) has directed banks and other financial institutions not to facilitate their customers or accountholders for transaction of virtual currencies. The SBP through a circular issued on Friday has advised general public that vir
Published 07 Apr, 2018 12:00am
Virtual currencies: Banks must not facilitate customers: SBP
Exchange

Virtual currencies: Banks must not facilitate customers: SBP

The State Bank of Pakistan (SBP) has directed banks and other financial institutions not to facilitate their customers or accountholders for transaction of virtual currencies. The SBP through a circular issued on Friday has advised general public that vir
Published 07 Apr, 2018 12:00am
Virtual currencies: Banks must not facilitate customers: SBP
Exchange

Virtual currencies: Banks must not facilitate customers: SBP

The State Bank of Pakistan (SBP) has directed banks and other financial institutions not to facilitate their customers or accountholders for transaction of virtual currencies. The SBP through a circular issued on Friday has advised general public that vir
Published 07 Apr, 2018 12:00am
Three quit in protest as MeToo scandal rocks Nobel academy

Three quit in protest as MeToo scandal rocks Nobel academy

Three prominent members of the Swedish Academy resigned on Friday in protest at close ties between the institution, which awards the Nobel Literature Prize, and a high-profile man accused of sexual assault. The Academy has been reeling since it was reveal
Published 07 Apr, 2018 12:00am
Saudi crown prince to visit France

Saudi crown prince to visit France

Saudi Arabia's crown prince travels Sunday to France on the next leg of his global tour, extending his diplomatic charm offensive as he seeks to project a new liberal image of his conservative kingdom. Prince Mohammed bin Salman's two-day official visit,
Published 07 Apr, 2018 12:00am
Saudi crown prince to visit France

Saudi crown prince to visit France

Saudi Arabia's crown prince travels Sunday to France on the next leg of his global tour, extending his diplomatic charm offensive as he seeks to project a new liberal image of his conservative kingdom. Prince Mohammed bin Salman's two-day official visit,
Published 07 Apr, 2018 12:00am
Domestic debt does not carry currency risk: SBP
Exchange

Domestic debt does not carry currency risk: SBP

The State Bank of Pakistan (SBP) said on Friday any movement in the international currencies and PKR vs US dollar can change the dollar and PKR values of external debt respectively. According to SBP''s second quarterly report issued on Friday, within publ
Published 07 Apr, 2018 12:00am
Domestic debt does not carry currency risk: SBP
Exchange

Domestic debt does not carry currency risk: SBP

The State Bank of Pakistan (SBP) said on Friday any movement in the international currencies and PKR vs US dollar can change the dollar and PKR values of external debt respectively. According to SBP's second quarterly report issued on Friday, within publi
Published 07 Apr, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 07 Apr, 2018 12:00am
Domestic debt does not carry currency risk: SBP
Exchange

Domestic debt does not carry currency risk: SBP

The State Bank of Pakistan (SBP) said on Friday any movement in the international currencies and PKR vs US dollar can change the dollar and PKR values of external debt respectively. According to SBP's second quarterly report issued on Friday, within publi
Published 07 Apr, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 07 Apr, 2018 12:00am
PTI rejects tax amnesty scheme

PTI rejects tax amnesty scheme

Pakistan Tehreek-e-Insaf Chairman Imran Khan Friday rejected the government's new amnesty scheme allowing Pakistanis to remit offshore wealth at only two percent tax rate. In a tweet here, he termed the amnesty scheme a brazen attempt by Prime Minister Ab
Published 07 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Friday (April 06, 2018) and the forecast for Saturday (April 07, 2018).

Published 07 Apr, 2018 12:00am
PTI rejects tax amnesty scheme

PTI rejects tax amnesty scheme

Pakistan Tehreek-e-Insaf Chairman Imran Khan Friday rejected the government's new amnesty scheme allowing Pakistanis to remit offshore wealth at only two percent tax rate. In a tweet here, he termed the amnesty scheme a brazen attempt by Prime Minister Ab
Published 07 Apr, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 06, 2018).

Published 07 Apr, 2018 12:00am
India defence website 'hacked', three other government websites down

India defence website 'hacked', three other government websites down

India's defence minister said the department website was hacked on Friday, with the web portals of at least three other government departments including the interior, law and labour ministries also appearing to be down. Defence Minister Nirmala Sitharaman
Published 07 Apr, 2018 12:00am
India defence website 'hacked', three other government websites down

India defence website 'hacked', three other government websites down

India's defence minister said the department website was hacked on Friday, with the web portals of at least three other government departments including the interior, law and labour ministries also appearing to be down. Defence Minister Nirmala Sitharaman
Published 07 Apr, 2018 12:00am
Jameel to head Deposit Protection Corp board

Jameel to head Deposit Protection Corp board

Jameel Ahmed, Deputy Governor, State Bank of Pakistan (SBP) has been appointed Chairman Board of Directors of Deposit Protection Corporation. In pursuance of the Deposit protection Corporation Act 2016, and in the light of federal government notification,
Published 07 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 06, 2018).

Published 07 Apr, 2018 12:00am
Jameel to head Deposit Protection Corp board

Jameel to head Deposit Protection Corp board

Jameel Ahmed, Deputy Governor, State Bank of Pakistan (SBP) has been appointed Chairman Board of Directors of Deposit Protection Corporation. In pursuance of the Deposit protection Corporation Act 2016, and in the light of federal government notification,
Published 07 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 06, 2018)

Published 07 Apr, 2018 12:00am
Jameel to head Deposit Protection Corp board

Jameel to head Deposit Protection Corp board

Jameel Ahmed, Deputy Governor, State Bank of Pakistan (SBP) has been appointed Chairman Board of Directors of Deposit Protection Corporation. In pursuance of the Deposit protection Corporation Act 2016, and in the light of federal government notification,
Published 07 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 06, 2018).

Published 07 Apr, 2018 12:00am
'Kashmir Solidarity Day' observed

'Kashmir Solidarity Day' observed

The nation observed Kashmir Solidarity Day on Friday to condemn the fresh wave of Indian brutalities against innocent Kashmiris being perpetuated to stop their just struggle for securing their inalienable right to self determination. The people of Pakista
Published 07 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 06, 2018).

Published 07 Apr, 2018 12:00am
'Kashmir Solidarity Day' observed

'Kashmir Solidarity Day' observed

The nation observed Kashmir Solidarity Day on Friday to condemn the fresh wave of Indian brutalities against innocent Kashmiris being perpetuated to stop their just struggle for securing their inalienable right to self determination. The people of Pakista
Published 07 Apr, 2018 12:00am
Nawaz praises CJP's commitment to timely elections

Nawaz praises CJP's commitment to timely elections

Former Prime Minister Nawaz Sharif Friday appreciated Chief Justice Mian Saqib Nisar's remarks on the upcoming general elections, urging the CJP to ensure a level playing field for all parties. Talking to media persons here outside the Accountability Cour
Published 07 Apr, 2018 12:00am
Nawaz praises CJP's commitment to timely elections

Nawaz praises CJP's commitment to timely elections

Former Prime Minister Nawaz Sharif Friday appreciated Chief Justice Mian Saqib Nisar's remarks on the upcoming general elections, urging the CJP to ensure a level playing field for all parties. Talking to media persons here outside the Accountability Cour
Published 07 Apr, 2018 12:00am
THE RUPEE: rates almost unmoved
Currency

THE RUPEE: rates almost unmoved

The rupee was almost unchanged against the dollar on the money market on Friday in the process of trading, money experts said. The rupee fluctuated cautiously in terms of the dollar for buying and selling at Rs 115.59 and Rs 115.60 respectively, they said
Published 07 Apr, 2018 12:00am
THE RUPEE: rates almost unmoved
Currency

THE RUPEE: rates almost unmoved

The rupee was almost unchanged against the dollar on the money market on Friday in the process of trading, money experts said. The rupee fluctuated cautiously in terms of the dollar for buying and selling at Rs 115.59 and Rs 115.60 respectively, they said
Published 07 Apr, 2018 12:00am
South Korea's Park jailed for 24 years for corruption

South Korea's Park jailed for 24 years for corruption

South Korea's disgraced former president Park Geun-hye was jailed for 24 years Friday for corruption, completing a dramatic fall from grace for the country's first woman leader who became a figure of public fury and ridicule. A trial which lasted more tha
Published 07 Apr, 2018 12:00am
South Korea's Park jailed for 24 years for corruption

South Korea's Park jailed for 24 years for corruption

South Korea's disgraced former president Park Geun-hye was jailed for 24 years Friday for corruption, completing a dramatic fall from grace for the country's first woman leader who became a figure of public fury and ridicule. A trial which lasted more tha
Published 07 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (April 06, 2018).

Published 07 Apr, 2018 12:00am
Miftah, others discuss economic situation
Exchange

Miftah, others discuss economic situation

The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail chaired the meeting of Monetary and Fiscal Policies Coordination Board on Friday. The meeting was also attended by the Deputy Chairman Panning Commission, Finance Sec
Published 07 Apr, 2018 12:00am
Miftah, others discuss economic situation
Exchange

Miftah, others discuss economic situation

The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail chaired the meeting of Monetary and Fiscal Policies Coordination Board on Friday. The meeting was also attended by the Deputy Chairman Panning Commission, Finance Sec
Published 07 Apr, 2018 12:00am
Miftah, others discuss economic situation
Exchange

Miftah, others discuss economic situation

The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Miftah Ismail chaired the meeting of Monetary and Fiscal Policies Coordination Board on Friday. The meeting was also attended by the Deputy Chairman Panning Commission, Finance Sec
Published 07 Apr, 2018 12:00am
Domestic debt rose by Rs 588.2 billion in H1

Domestic debt rose by Rs 588.2 billion in H1

Domestic debt increased by Rs 588.2 billion during the first half of this fiscal year (FY18), slightly higher than the level observed in the same period last year. According to State Bank of Pakistan''s report most of the increase in domestic debt was con
Published 07 Apr, 2018 12:00am
Domestic debt rose by Rs 588.2 billion in H1

Domestic debt rose by Rs 588.2 billion in H1

Domestic debt increased by Rs 588.2 billion during the first half of this fiscal year (FY18), slightly higher than the level observed in the same period last year. According to State Bank of Pakistan's report most of the increase in domestic debt was conc
Published 07 Apr, 2018 12:00am
Domestic debt rose by Rs 588.2 billion in H1

Domestic debt rose by Rs 588.2 billion in H1

Domestic debt increased by Rs 588.2 billion during the first half of this fiscal year (FY18), slightly higher than the level observed in the same period last year. According to State Bank of Pakistan's report most of the increase in domestic debt was conc
Published 07 Apr, 2018 12:00am
SBP concerned at external account, BoP
Kerb

SBP concerned at external account, BoP

The State Bank of Pakistan (SBP) said on Friday that the external account remained a cause of concern for the macroeconomic stability and the brewing Balance of Payments (BoP) challenges warrant concerted and timely measures to preserve the macroeconomic
Published 07 Apr, 2018 12:00am