News Archives for Print - 2018-04-09

The Weather

The weather report on Sunday (April 08, 2018) and the forecast for Monday (April 09, 2018).

Published 09 Apr, 2018 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2017)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 09 Apr, 2018 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 2 to 6, 2018).

Published 09 Apr, 2018 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Apr, 2018 12:00am

Growers grouse about wheat procurement by Food Department

The Sindh Chamber of Agriculture (SCA) has complained that Sindh Food Department has failed to make the wheat procurement centres functional. A meeting of the SCA held at its office here on Sunday, chaired by the chamber's President Qabool Muhammad Khatia

Published 09 Apr, 2018 12:00am

Pakistan, China to be major contributors to BRI through CPEC: PM

Prime Minister Shahid Khaqan Abbasi has said that his government together with China looked forward to making Pakistan a major contributor to "building a community of shared future for mankind through China Pakistan Economic Corridor (CPEC)."

Published 09 Apr, 2018 12:00am

Islamabad police holds mock exercise at Faizabad

Islamabad Police on Sunday held a mock exercise at Faizabad to ensure the safety of Capital's residents' life and property and its law and order situation in emergency affairs. The Anti Riot Unit (ARU) and other security officials took the part in this ex

Published 09 Apr, 2018 12:00am

Declarant's details to be confidential

The particulars of any person making declaration under the amnesty scheme as per Voluntary Declaration of Domestic Assets Ordinance, 2018 and Foreign Assets (Declaration and Repatriation) Ordinance, 2018 would be confidential. According to the Voluntary D

Published 09 Apr, 2018 12:00am

Exchange

Online earning may not be a gravy train, warn experts

Tempting and seductive advertisements of significant online earning may be a trap by cyber-mafia to pick pocket vulnerable people, especially youth. Information technology (IT) experts have warned the youth that there should be specific steps to ensure th

Published 09 Apr, 2018 12:00am

'Public office holder' won't be able to avail amnesty scheme

The amnesty scheme announced under Voluntary Declaration of Domestic Assets Ordinance, 2018 and Foreign Assets (Declaration and Repatriation) Ordinance, 2018 cannot be availed by the 'holder of public office' covering Chief Justice, Judge of the Supreme C

Published 09 Apr, 2018 12:00am

Exchange

Presidential Ordinances

ORDINANCE No OF 2018 AN ORDINANCE

Published 09 Apr, 2018 12:00am

Exchange

Presidential Ordinances

ORDINANCE No OF 2018 AN ORDINANCE

Published 09 Apr, 2018 12:00am

Exchange

Presidential Ordinances

ORDINANCE No OF 2018 AN ORDINANCE

Published 09 Apr, 2018 12:00am

Exchange

Presidential Ordinances

ORDINANCE No OF 2018 AN ORDINANCE

Published 09 Apr, 2018 12:00am

Exchange

Presidential Ordinances

ORDINANCE No OF 2018 AN ORDINANCE

Published 09 Apr, 2018 12:00am

Exchange

Sterling forecasts at post-Brexit high on BoE, negotiation hopes

Sterling forecasts are at their highest since Britons voted to leave the European Union, a Reuters poll found, partly as a result of optimism driven by progress in divorce talks and expectations of another interest rate rise next month.

Published 09 Apr, 2018 12:00am

Exchange

Saudi exchange counting on foreign funds to aid Aramco IPO

Saudi Arabia's stock exchange expects an influx of foreign funds to smooth the listing of national oil firm Saudi Aramco, despite concern among some analysts about whether the market can absorb the huge offer, the exchange's chief executive said on Sunday

Published 09 Apr, 2018 12:00am

Exchange

Saudi exchange counting on foreign funds to aid Aramco IPO

Saudi Arabia's stock exchange expects an influx of foreign funds to smooth the listing of national oil firm Saudi Aramco, despite concern among some analysts about whether the market can absorb the huge offer, the exchange's chief executive said on Sunday

Published 09 Apr, 2018 12:00am

Exchange

Foreigners bought net $229 million Saudi stocks last week

Foreign investors bought a net $229 million of Saudi Arabian equities last week, exchange data showed on Sunday, indicating overseas demand remained strong despite a pull-back by the market index in the early part of the week.

Published 09 Apr, 2018 12:00am

Saudi index stays positive, Gulf markets mostly quiet

Gulf stock markets were generally quiet in early trade on Sunday although Saudi Arabia stayed positive after beginning to rebound late last week from several days of profit-taking. The Saudi stock index was up 0.2 percent in the first hour as Bank Aljazir

Published 09 Apr, 2018 12:00am

Exchange

Asia's cryptocurrency arbitrage boom fizzles, but profits persist

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin "mules" and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators' watchful eyes. Li, a Canada-based Chinese banke

Published 09 Apr, 2018 12:00am

Currency

India allows banks to spread bond trading losses

The Reserve Bank of India has allowed banks to spread their bond trading losses, a change that is likely to boost profitability of lenders as well as spur a rally in stock and bond markets. Under the change, lenders can spread bond-trading losses incurred

Published 09 Apr, 2018 12:00am

Currency

India allows banks to spread bond trading losses

The Reserve Bank of India has allowed banks to spread their bond trading losses, a change that is likely to boost profitability of lenders as well as spur a rally in stock and bond markets. Under the change, lenders can spread bond-trading losses incurred

Published 09 Apr, 2018 12:00am

Exchange

Iran's rial hits new record-low on Trump fears

Iran's currency fell more than six percent against the dollar on Sunday, hitting another record-low, as fears of a US withdrawal from the nuclear deal continued to drive speculation. The rial reached 55,200 to the dollar at the close on the open market -

Published 09 Apr, 2018 12:00am

Libor

New York Fed launches US Libor contender, slow takeup seen

The New York Federal Reserve launched a benchmark US rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long and complex switchover. The Secured Overnight Financing Rate (SOFR) set at 1.80 percen

Published 09 Apr, 2018 12:00am

Libor

New York Fed launches US Libor contender, slow takeup seen

The New York Federal Reserve launched a benchmark US rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long and complex switchover. The Secured Overnight Financing Rate (SOFR) set at 1.80 percen

Published 09 Apr, 2018 12:00am

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 82.98-82.98 (Previous 82.98-82.98).

Published 09 Apr, 2018 12:00am

Exchange

Swedish currency to rise against euro, dollar and Norwegian crown

Sweden's currency is set to rally against the euro and dollar in the next year despite a weak first-quarter performance, and will also gain on the Norwegian crown, a Reuters poll showed on Friday. The two Nordic currencies sharply underperformed in 2017 a

Published 09 Apr, 2018 12:00am

Wall Street week ahead: high stakes, expectations as earnings season heats up

The rockiest US stock market in two years will meet a major test in the coming weeks as first-quarter earnings pour in, with expectations that tax cuts will help Corporate America show its biggest quarterly profit growth in seven years. Any disappointment

Published 09 Apr, 2018 12:00am

Exchange

Scant data protection leaves internet users exposed in Africa

In Kenya, which has a large and fast growing population of internet users, there are no specific laws or regulations to protect the privacy of those individuals. Kenya is not alone in Africa, which as a region has clocked the world's fastest growth in int

Published 09 Apr, 2018 12:00am

Indonesia goes hi-tech in hunt for tax assets after amnesty

Indonesia's tax office plans to spend hundreds of millions of dollars to update its outdated technology to boost low tax compliance and raise revenue collection in Southeast's largest economy, the country's tax chief told Reuters. Indonesia completed one

Published 09 Apr, 2018 12:00am

Kerb

Four things to know about Telegram messenger

The popular messaging app Telegram risks being blocked in Russia after refusing demands to hand over its encryption keys to give the FSB security service access to users' data. Here are four things to know about the company, which says it has 200 million

Published 09 Apr, 2018 12:00am

Kerb

Facebook needs 'a few years' to fix problems: Zuckerberg

Facebook will likely need "a few years" to fix the problems uncovered by the revelations on the hijacking of private user data, chief executive Mark Zuckerberg said in an interview released Monday. Speaking to the news site Vox, Zuckerberg defended the co

Published 09 Apr, 2018 12:00am

Kerb

Facebook to offer 'clearer' terms on privacy, data use

Facebook said Wednesday it is updating its terms on privacy and data sharing to give users a clearer picture of how the social network handles personal information. The move by Facebook follows a firestorm over the hijacking of personal information on ten

Published 09 Apr, 2018 12:00am

Cellphones gaining acceptance inside US schools

Cellphones are still absent from most US schools but new data shows them steadily gaining acceptance as administrators bow to parents' wishes to keep tabs on their kids and teachers find ways to work them into lessons. The percentage of K-12 public school

Published 09 Apr, 2018 12:00am

QNB aims to raise profit by 5-8 percent

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told Reuters. QNB, the largest bank by assets in the Middle

Published 09 Apr, 2018 12:00am

GM to drop monthly US vehicle sale reports

General Motors Co said on Tuesday it will stop reporting monthly US vehicle sales, saying the 30-day snapshot does not accurately reflect the market and the company will, instead, issue quarterly sales reports. GM will also no longer report monthly sales

Published 09 Apr, 2018 12:00am

Volkswagen bets on Brazil rebound with SUV

Volkswagen AG plans to produce its first SUV in Brazil, it said on Wednesday, betting on a rebound in Latin America's market despite signs of caution from rivals such as Honda Motor Co. VW said in a statement it will invest 2 billion reais ($595 million)

Published 09 Apr, 2018 12:00am

Honda's China sales fall in March

A quality issue in China is threatening to put a stop to the growth run Japan's Honda Motor Co Ltd has been on in the world's biggest auto market for the last few years. Honda's sales in China fell 13.0 percent in March from a year earlier to 97,587 vehic

Published 09 Apr, 2018 12:00am

BHP confirms exit from world coal body over climate stance

The world's biggest miner BHP said on Thursday it was following through on a decision to leave the World Coal Association over climate change policy differences, but would remain a member of the US Chamber of Commerce. The Anglo-Australian giant announced

Published 09 Apr, 2018 12:00am

Exchange

Sberbank to increase gold sales to India, China in 2018

Sberbank CIB, an arm of Russia's largest lender, plans to more than double its gold sales to India this year and sell more gold than forecast to China, while keeping gold purchases in Russia flat, its head of global markets said.

Published 09 Apr, 2018 12:00am

As Australia regulators target broker fees, banks' mortgage business face risk

Australia's regulators criticised compensation methods used by lenders to win mortgage business in submissions to a powerful inquiry into financial sector misconduct, potentially leading to changes that could disrupt a major revenue source for the banks.

Published 09 Apr, 2018 12:00am

Smartphones may help measure Parkinson's disease

An experimental smartphone application could monitor changes in Parkinson's disease symptoms throughout the day, sending data to doctors to help them treat patients, US researchers say. "Like diabetes, Parkinson's has variability and symptom fluctuations,

Published 09 Apr, 2018 12:00am

Vegetables tied to artery health for older women

Elderly women who eat more vegetables may be less likely to develop hardening of the arteries, an Australian study suggests. Researchers surveyed 954 women aged 70 and older. They also used ultrasound to assess the thickness of the walls of the carotid ar

Published 09 Apr, 2018 12:00am

Climate change makes mountain tops bloom, for now

Europe's mountain summits are flush with new plant species, a greening that has increased in lock-step with the acceleration of global warming since the mid-20th century, researchers said on Wednesday. Looking at more than 300 summits scattered across the

Published 09 Apr, 2018 12:00am

Sudden loss of wealth in mid-life may boost death risk

People who suffer a sudden, major financial loss in mid-life may face a 50 percent higher risk of dying within the next 20 years, said the first long-term study of its kind on Tuesday. The report in the Journal of the American Medical Association (JAMA) e

Published 09 Apr, 2018 12:00am

The elderly may still generate new brain cells: US researchers

People as old as 79 may still generate new brain cells, US researchers said on Thursday, stoking fresh debate among scientists over what happens to our brains when we age. The report by scientists at Columbia University in New York, published in the journ

Published 09 Apr, 2018 12:00am

Developing nations to study ways to dim sunshine, slow warming

Scientists in developing nations plan to step up research into dimming sunshine to curb climate change, hoping to judge if a man-made chemical sunshade would be less risky than a harmful rise in global temperatures. Research into "solar geo-engineering",

Published 09 Apr, 2018 12:00am

Limiting global warming to 2o Celsius won't prevent deadly climate impact: experts

Limiting global warming to two degrees Celsius will not prevent destructive and deadly climate impacts, as once hoped, dozens of experts concluded in a score of scientific studies released on Monday. A world that heats up by 2C (3.6 degrees Fahrenheit) -

Published 09 Apr, 2018 12:00am

French rail strike resumes as government warns it won't back down

French rail workers launched their latest two-day strike on Sunday over plans to overhaul the heavily indebted train operator SNCF, the biggest test yet to President Emmanuel Macron's drive to reform the country's economy. Neither side appears ready to ba

Published 09 Apr, 2018 12:00am

Exchange

US approves licence for Taiwan submarine plan

Washington has agreed to allow US defence contractors help Taiwan construct its own submarines, Taipei said, welcoming the breakthrough in long-standing ambitions to build up its fleet to counter the threat from China. Taiwan last year launched a plan to

Published 09 Apr, 2018 12:00am

Exchange

China's forex reserves rise slightly

China's foreign exchange reserves rose slightly in March as broad US dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency. Reserves rose $9 billion in March t

Published 09 Apr, 2018 12:00am

Turkey's Dogus in talks with banks on debt restructuring

Turkey's Dogus Holding is in talks with banks on debt restructuring, sources familiar with the matter said on Saturday. Dogus' outstanding loans stood at 23.5 billion Turkish lira ($5.81 billion) at the end 2017, up 11 percent from the year before, includ

Published 09 Apr, 2018 12:00am

Zambian economy to grow over four percent

Zambia's economy is expected to grow by more than 4 percent this year helped by the mining, agriculture and construction sectors, Finance Minister Margaret Mwanakatwe said. Economic growth in Africa's second-largest copper producer rose to 4.1 percent las

Published 09 Apr, 2018 12:00am

Currency

Dubai cryptocurrency firm denies Alibaba trademark infringement

A Dubai-based cryptocurrency company called Alibabacoin Foundation has rebuffed allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding in a US lawsuit last week. A judge at the US District Court

Published 09 Apr, 2018 12:00am

Mutual Funds

Saudi Arabia to focus foreign debt issues on dollar for now

Saudi Arabia will focus on issuing bonds denominated in US dollars and riyals this year but consider debt sales in other currencies over the longer term, the president of the kingdom's Debt Management Office said on Sunday. "At least for 2018, we are not

Published 09 Apr, 2018 12:00am

Mutual Funds

Saudi Arabia to focus foreign debt issues on dollar for now

Saudi Arabia will focus on issuing bonds denominated in US dollars and riyals this year but consider debt sales in other currencies over the longer term, the president of the kingdom's Debt Management Office said on Sunday. "At least for 2018, we are not

Published 09 Apr, 2018 12:00am

Czech central banker Hampl sees faster rise in rates

The Czech National Bank (CNB) may raise its main interest rate above 1 percent by the end of this year, sooner than its staff forecast predicts, as the economy is overheating, Vice-Governor Mojmir Hampl was quoted as saying. The central bank's board kept

Published 09 Apr, 2018 12:00am

UK fishermen launch protests over Brexit

British fishermen launched protests in ports around the country Sunday over perceived capitulation to the European Union in Brexit negotiations. Organisers estimated as many as 200 vessels could participate in the day-long nationwide action, forming floti

Published 09 Apr, 2018 12:00am

US advances to semi-finals

The United States became the first country to punch their ticket to the Davis Cup semi-finals on Saturday following a doubles win by Jack Sock and Ryan Harrison. The pair had to work for the victory on the hardcourts which gave the Americans an insurmount

Published 09 Apr, 2018 12:00am

Cilic stars as Croatia reach Davis Cup semi-finals

Croatia set up a Davis Cup semi-final meeting with the United States after world number three Marin Cilic thrashed Kazakhstan's Mikhail Kukushkin in Varazdin on Sunday. Cilic's 6-1, 6-1, 6-1 victory gave 2005 champions Croatia an unassailable 3-1 lead in

Published 09 Apr, 2018 12:00am

Nadal beats Zverev to set up Davis Cup decider with Germany

Rafael Nadal kept Spain's Davis Cup hopes alive by beating Alexander Zverez on Sunday in the fourth rubber of their quarter-final against Germany. Nadal's 6-1, 6-4, 6-4 win in Valencia draew the tie level at 2-2, with Spanish world number 33 David Ferrer

Published 09 Apr, 2018 12:00am

Peshawar win overall trophy in Regional Male U-23 Games

Peshawar claimed the overall trophy of the Peshawar Region Under-23 Male Games which concluded here at Qayyum Sports Complex on Sunday. Peshawar claimed first position of athletics, volleyball, hockey, badminton, table tennis, tennis, kabaddi, basketball,

Published 09 Apr, 2018 12:00am

Vettel marks 200th race with thrilling Bahrain win

Sebastian Vettel marked his 200th Formula One race with a thrilling and brilliantly-judged victory for Ferrari in Sunday's dramatic Bahrain Grand Prix. The four-time ex champion, on severely-worn tyres, came home narrowly ahead of Valtteri Bottas and the

Published 09 Apr, 2018 12:00am

Islamabad United organise victory parade

Islamabad United, a cricket team, on Sunday organised a victory parade here in the capital to celebrate their Pakistan Super League 2018 win. The victory celebrations begin from Islamabad's D-Chowk where all the players carrying the trophy were aboard a c

Published 09 Apr, 2018 12:00am

Messi hat-trick helps Barcelona equal record unbeaten streak

Barcelona equalled the record longest unbeaten run in La Liga history as a Lionel Messi hat-trick inspired the runaway leaders to a 3-1 win over Leganes on Saturday to make it 38 league games unbeaten. The Catalan giants will look to break the record that

Published 09 Apr, 2018 12:00am

Ronaldo continues goal spree but Real held

Cristiano Ronaldo's 24th goal in 15 games for Real Madrid this year was not enough to earn his side a derby victory on Sunday as an Antoine Griezmann equaliser secured Atletico a 1-1 draw. Ronaldo followed up last week's brilliant bicycle kick against Juv

Published 09 Apr, 2018 12:00am

Bolt-inspired Blake puts one hand on Commonwealth title

Jamaica's Yohan Blake had the words of Usain Bolt ringing in his ears as he dominated the sprints on day one of the Commonwealth Games athletics on Sunday. Despite world athletics chief Sebastian Coe slamming the "obsession" with Bolt, Blake said he was i

Published 09 Apr, 2018 12:00am

Man City denied title by famous United comeback

Manchester City must wait to annex the Premier League title after an amazing Paul Pogba-inspired fightback from two goals down saw their biggest rivals Manchester United earn a famous 3-2 win to ruin the Etihad Stadium's dream party on Saturday.

Published 09 Apr, 2018 12:00am

Chelsea suffer fresh Champions League blow

Chelsea manager Antonio Conte slammed his side's profligacy in front of goal as their slim chances of a top-four Premier League finish slipped away with a 1-1 draw at Stamford Bridge on Sunday. Javier Hernandez salvaged a priceless point for West Ham in t

Published 09 Apr, 2018 12:00am

Clarke offers to play for Australia after ball scandal

Retired cricket Test captain Michael Clarke on Sunday offered to play for Australia for free to help the team recover after the downfall of his successor Steve Smith over a ball-tampering scandal in South Africa. Smith and vice-captain David Warner were s

Published 09 Apr, 2018 12:00am

High turnout in key poll for Hungary's Orban

Hungarians voted in large numbers Sunday in an election that is being keenly watched across Europe, with firebrand nationalist Prime Minister Viktor Orban tipped to win a third consecutive term and press ahead with his anti-immigration agenda. Orban has c

Published 09 Apr, 2018 12:00am

Brazil's Lula spends day in prison, already hoping to get out

Brazil's leftist icon Luiz Inacio Lula da Silva served the first day of a 12-year prison sentence for corruption Sunday, but was already hoping for a way out through the courts this week in a drama gripping the country ahead of presidential elections. The

Published 09 Apr, 2018 12:00am

Trump warns of 'big price' after suspected Syria gas attack

An alleged chemical attack that left dozens dead in Syria's rebel-held town of Douma sparked international outrage Sunday, with US President Donald Trump warning there would be a "big price to pay". As condemnation poured in, Syria's government and opposi

Published 09 Apr, 2018 12:00am

South Africa opposition leader re-elected as polls loom

Mmusi Maimane, the leader of South Africa's main opposition Democratic Alliance party, was re-elected on Sunday as the party kicked-off campaigning for elections due by 2019. The party which has the second largest number of parliamentarians is confronting

Published 09 Apr, 2018 12:00am

Still dissatisfied, Slovak protesters keep up pressure over corruption

Protests in Slovakia over the murder of a journalist have led to the prime minister's resignation and a cabinet reshuffle. Still not satisfied, the demonstrators now want the police chief out and a crackdown on corruption. Nearly 50,000 people marched thr

Published 09 Apr, 2018 12:00am

EU says 'evidence points' to chemical attack by Syria regime

The EU said Sunday that evidence suggested the Syrian regime carried out a chemical attack in Douma and urged Damascus's allies Russia and Iran to help prevent another one. The European Union's diplomatic arm said it condemns "in the strongest terms" the

Published 09 Apr, 2018 12:00am

Japan's vaunted alert system runs up against limits

On January 5, as Tokyo's commuters were struggling back to work after their long New Year break, blaring sirens from every phone pierced the sleepy atmosphere: "strong" earthquake coming. The message delivered via the country's alert system, part of its m

Published 09 Apr, 2018 12:00am

Exchange

Suspected toxic attack in Syria prompts outrage

A suspected chemical attack in Syria's Eastern Ghouta sparked international outrage Sunday, as state media reported that the last rebel holdouts in the onetime opposition stronghold had agreed to evacuate. State news agency SANA, citing a government sourc

Published 09 Apr, 2018 12:00am

Israeli minister says 'no innocent people' in Gaza

Israeli Defence Minister Avigdor Lieberman said Sunday there were "no innocent people" in the Hamas-run Gaza Strip after days of protests and clashes left 30 Palestinians dead, including a journalist. "There are no innocent people in the Gaza Strip," Lieb

Published 09 Apr, 2018 12:00am

Six killed in Ghana gold mining site collapse

Six miners were killed and two injured when the roof of a tunnel collapsed at a gold mining site operated by US-based Newmont in Ghana's southern region, the company said Sunday. "I can confirm six fatalities to you. Two others were treated at the clinic

Published 09 Apr, 2018 12:00am

Six arrested on suspicion of Berlin half marathon plot

Berlin authorities said they arrested six people Sunday over an alleged plot to carry out a "violent crime" at the German capital's half marathon which attracted 36,000 runners and big crowds of onlookers. Prosecutors and police said in a statement they h

Published 09 Apr, 2018 12:00am

Conditions in Myanmar 'not conducive' to Rohingya return: UN

Conditions in Myanmar's crisis-hit northern Rakhine state are "not conducive" to bringing back Rohingya who fled to Bangladesh, a senior UN official said, despite Myanmar's insistence that it is ready for returnees. Some 700,000 members of the Muslim mino

Published 09 Apr, 2018 12:00am

Japan, Cambodia sign $90 million aid agreement

Japan signed a grant and loan agreement with Cambodia on Sunday totaling over $90 million, despite concerns from the international community over Prime Minister Hun Sen's crackdown on government critics ahead of a July general election.

Published 09 Apr, 2018 12:00am

Japan, Cambodia sign $90 million aid agreement

Japan signed a grant and loan agreement with Cambodia on Sunday totaling over $90 million, despite concerns from the international community over Prime Minister Hun Sen's crackdown on government critics ahead of a July general election.

Published 09 Apr, 2018 12:00am

US, Afghan forces expand air strikes on Taliban drug labs

American and Afghan forces have expanded their air strikes against drug labs into western Afghanistan, aiming to choke Taliban revenue. Air strikes in Afghanistan, the world's main heroin source, also threaten civilians, however, and may not be an effecti

Published 09 Apr, 2018 12:00am

Runaway train rolls for miles in India without engine

India's railway ministry said Sunday a "ghastly" accident was narrowly avoided after 22 train coaches carrying some 1,000 passengers became detached from the engine and sped backwards for miles before being stopped.

Published 09 Apr, 2018 12:00am

Trump Tower fire kills one, injures four

An elderly man died late Saturday and four firefighters were injured after a blaze erupted on the 50th floor of Trump Tower in New York, officials said. The New York Police Department said 67-year-old Todd Brassner was found "unconscious and unresponsive"

Published 09 Apr, 2018 12:00am

Turkey deports hundreds of Afghan migrants after influx

Turkey was on Sunday deporting hundreds of Afghan migrants back home on special flights, in a major operation after thousands illegally entered the country in recent weeks. Early Sunday morning 227 Afghan migrants boarded a charter flight from Erzurum in

Published 09 Apr, 2018 12:00am

Kashmir's liberation struggle to continue: Sehrai

Senior All Parties Hurriyat Conference leader and the Chairman of Tehreek-e-Hurriyat, Muhammad Ashraf Sehrai has said that the people of Kashmir are determined to continue their liberation struggle and not surrender their right to self-determination, come

Published 09 Apr, 2018 12:00am

Kashmir Solidarity Day observed in Malaysia

Pakistan High Commission in Kuala Lumpur observed April 6 as 'Kashmir Solidarity Day' to sensitize the people about grave human rights violations perpetrated by the Indian troops in occupied Kashmir. A talk by the High Commissioner, Mohammad Nafees Zakari

Published 09 Apr, 2018 12:00am

HEC to get Rs 120 billion in budget 2018-19, says Dr Ahmed

The federal government will allocate Rs 120 billion for the Higher Education Commission in the budget of FY 2018-19 to be announced on April 28, said Chairman HEC Dr Mukhtar Ahmed while briefing reporters here the other day.

Published 09 Apr, 2018 12:00am

HEC to get Rs 120 billion in budget 2018-19, says Dr Ahmed

The federal government will allocate Rs 120 billion for the Higher Education Commission in the budget of FY 2018-19 to be announced on April 28, said Chairman HEC Dr Mukhtar Ahmed while briefing reporters here the other day.

Published 09 Apr, 2018 12:00am

Budget proposals: sales tax in the gamut of taxation rationale

Tax is a charge on persons, entities or property by an authority in the relevant scenario. Purpose is to raise funds from its subjects. The term 'tax' embraces levies by an authority, normally government, in relation to property, privileges, occupations a

Published 09 Apr, 2018 12:00am

Punjab PDWP approves uplift schemes worth Rs 3.543 billion

The Punjab Provincial Development Working Party approved five development schemes of various sectors with an estimated cost of Rs 3.543 billion. These schemes were approved in the special meeting of Provincial Development Working Party (PDWP) of current f

Published 09 Apr, 2018 12:00am

'Entrepreneurship cannot be taught' an interview with Shoukat Dhanani, CEO, Dhanani Group

Shoukat Dhanani is the CEO of The Dhanani Group, which is the largest franchisee in the Popeye system, as well as the Burger King franchisee, making it America's third-largest restaurant franchisee. The Dhanani Group is also involved in other business ven

Published 09 Apr, 2018 12:00am

'Entrepreneurship cannot be taught' an interview with Shoukat Dhanani, CEO, Dhanani Group

Shoukat Dhanani is the CEO of The Dhanani Group, which is the largest franchisee in the Popeye system, as well as the Burger King franchisee, making it America's third-largest restaurant franchisee. The Dhanani Group is also involved in other business ven

Published 09 Apr, 2018 12:00am

Bodies of two drowned students recovered

Bodies of the two students of a local seminary who drowned at River Kabul near Sardaryab were found on Sunday. According to Rescue 1122 officials the divers were trying their best to find the missing students identified as Yasir and Usama, who along with

Published 09 Apr, 2018 12:00am

Promotion of SMEs on top of SCCI's agenda: Malik

President Sialkot Chamber of Commerce and Industry (SCCI) Zahild Latif Malik has said that the promotion of SMEs and women entrepreneurs was top on agenda of SCCI. The SCCI President suggested that interest free loans should be provided to the business co

Published 09 Apr, 2018 12:00am

PRIME to launch MCI report on April 17

Policy Research Institute of Market Economy (PRIME) is going to launch recently completely report on 'Metropolitan Competitiveness Index (MCI) in five cities of the country during the current and next month. The MCI report covers five major metropolitan c

Published 09 Apr, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 19	278.36
USD PKR Interbank Buying / Dec 19	278.16
USD to Japanese Yen / Dec 19	155.92
USD to Swiss Franc / Dec 19	0.90
Pound Sterling to USD / Dec 19	1.26
Euro to USD / Dec 19	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
Nasdaq / Dec 18	19,392.69
FTSE 100 / Dec 18	8,199.11
Dow Jones / Dec 18	43,326.87
Germany DAX 30 / Dec 18	20,242.57
France CAC40 / Dec 18	7,365.70
India Sensex / Dec 19	79,339.96
Tokyo Nikkei / Dec 19	38,813.58

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold 10 Grams PKR / Dec 18	241,945.20
Petrol/Litre / Dec 19	252.10
Crude Oil USD/Barrel / Dec 19	70.19
Gold Spot USD/Ounce / Dec 19	2,613.73
Diesel/Litre / Dec 19	255.38

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Wah-Noble / Dec 19 Wah Noble Chemicals Limited(WAHN)	249.98 ▲ 22.73 (10.00%)
Al-Khair Gadoon / Dec 19 Al-Khair Gadoon Limited(AKGL)	46.35 ▲ 4.21 (9.99%)
Leather Up Ltd. / Dec 19 Leather Up Limited(LEUL)	29.41 ▲ 2.67 (9.99%)

Stock	Price
Ahmad Hassan / Dec 19 Ahmad Hassan Textile Mills Limited(AHTM)	49.50 ▼ -5.50 (-10.00%)
J.A.Textile / Dec 19 J.A. Textile Mills Limited(JATM)	40.70 ▼ -4.52 (-10.00%)
Mehmood Tex / Dec 19 Mehmood Textile Mills Limited(MEHT)	627.38 ▼ -69.70 (-10.00%)
Shadman Cotton / Dec 19 Shadman Cotton Mills Limited(SHCM)	26.80 ▼ -2.95 (-9.92%)
Sana Ind / Dec 19 Sana Industries Limited(SNAI)	33.24 ▼ -3.65 (-9.89%)
Ideal Sp. / Dec 19 Ideal Spinning Mills Limited(IDSM)	11.30 ▼ -1.20 (-9.60%)
Trust Sec.& Brok. / Dec 19 Trust Securities & Brokerage Limited(TSBL)	9.55 ▼ -1.00 (-9.48%)
Bilal Fibres / Dec 19 Bilal Fibres Limited(BILF)	11.45 ▼ -1.16 (-9.20%)
First Elite Cap.Mod / Dec 19 First Elite Capital Modaraba(FECM)	6.10 ▼ -0.61 (-9.09%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	139,290,885 ▼ -0.08
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	67,462,895 ▼ -0.13
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.22
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▲ 1.65
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	50,144,684 ▲ 0.92
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	46,773,842 ▼ -0.32
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 2.86
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▲ 0.06
Fauji Foods Ltd / Dec 19 Fauji Foods Limited(FFL)	21,856,915 ▼ -0.23

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