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Dec 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-04-12
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Tuesday, sparked by a rally in stocks after a friendlier tone from Chinese President Xi Jinping helped ease trade tensions and following data showing a pick-up in US inflation at the producer level. The yield curve continued to
Published 12 Apr, 2018 12:00am
China, Hong Kong stocks climb
Exchange

China, Hong Kong stocks climb

China and Hong Kong stocks rose on Wednesday, led by financial firms, as the market welcomed Beijing's pledge to further open the country's financial sector to foreign investors. On the mainland, the CSI300 index advanced 0.7 percent to 3,956.00 points, w
Published 12 Apr, 2018 12:00am
European shares pull back on Syria tensions

European shares pull back on Syria tensions

European shares fell on Wednesday in a broad-based pullback as rising tensions over Syria added to market worries, although solid results from Tesco and strength among telecoms stocks were a bright spot. The pan-European STOXX 600 index ended the session
Published 12 Apr, 2018 12:00am
Southeast Asian stocks rise

Southeast Asian stocks rise

Southeast Asian stock markets, except Vietnam, rose on Wednesday after US President Donald Trump and Chinese President Xi Jinping both struck conciliatory notes on trade, holding hopes of a compromise between Washington and Beijing on tariffs. While Xi pr
Published 12 Apr, 2018 12:00am
Tesco outperforms as tension over Syria drags FTSE down

Tesco outperforms as tension over Syria drags FTSE down

Renewed caution among investors dented Britain's top share index on Wednesday as Western forces discussed possible military action against Syria, although strong results from Tesco pushed its shares higher. The FTSE 100 was down 0.13 percent, though it re
Published 12 Apr, 2018 12:00am
Guardiola sent off as Salah sends Liverpool into semi-finals

Guardiola sent off as Salah sends Liverpool into semi-finals

Manchester City manager Pep Guardiola blasted Spanish referee Antonio Mateu Lahoz and lamented a number of decisions that cost his side dear after a 2-1 home defeat by Liverpool on Wednesday sealed a 5-1 aggregate Champions League quarter-final win for th
Published 12 Apr, 2018 12:00am
Roma dump Barca out after miracle comeback

Roma dump Barca out after miracle comeback

Kostas Manolas sent Roma through to the semi-finals of the Champions League after an incredible 3-0 victory over Barcelona at the Stadio Olimpico on Tuesday saw them overhaul a 4-1 first-leg deficit and advance on away goals. Manolas, who along with capta
Published 12 Apr, 2018 12:00am
Chennai to lose IPL matches amid water protests

Chennai to lose IPL matches amid water protests

India's cricket board is considering shifting Indian Premier League games from Chennai, which is in the grip of a water crisis, after protesters threatened to release snakes during the next match. The Board of Control for Cricket in India was mulling alte
Published 12 Apr, 2018 12:00am
Third Asghar Khan Memorial Amateur Golf from tomorrow

Third Asghar Khan Memorial Amateur Golf from tomorrow

The third edition of the Asghar Khan National Amateur Golf Championship will be commencing from April 13-15, 2018 over 54-holes, 18-hole each day at PAF Golf Course here. To pay rich tribute to late Asghar Khan, a former Chief of the Air Staff Pakistan Ai
Published 12 Apr, 2018 12:00am
Babar, Hasan awarded ICC ODI Team of the Year caps

Babar, Hasan awarded ICC ODI Team of the Year caps

Pakistani cricketers Babar Azam and Hasan Ali were awarded their caps for being named in the International Cricket Council (ICC) ODI Team of the Year. Both were awarded caps in the camp established by the PCB for selection of team for tours of England and
Published 12 Apr, 2018 12:00am
England women dominate Wisden awards

England women dominate Wisden awards

The England women's trio of Heather Knight, Natalie Sciver and Anya Shrubsole have all been selected among Wisden's Five Cricketers of the Year in a landmark move by the sport's 'bible'. Only two female cricketers - Claire Taylor and Charlotte Edwards, Kn
Published 12 Apr, 2018 12:00am
Post tampering era begins with new Australia contracted players

Post tampering era begins with new Australia contracted players

Fast bowlers were the winners as Australia's post ball-tampering era began Wednesday with a heavily revamped list of nationally contracted players, minus the suspended Steve Smith and David Warner. The list of 20 men's players offered deals by Cricket Aus
Published 12 Apr, 2018 12:00am
Pakistan to play for seventh and eighth spot in hockey

Pakistan to play for seventh and eighth spot in hockey

Pakistan just needed a win to book a 5th place but all such expectations and hopes went otherwise when the green-shirt played another draw against Malaysia in the XXI Gold Coast 2018 Commonwealth Games pool match played here at Gold Coast, Queensland (Aus
Published 12 Apr, 2018 12:00am
Leisure Leagues Season III: FC Evolution, RF United record victories

Leisure Leagues Season III: FC Evolution, RF United record victories

FC Evolution and RF United won their respective matches in the 10th round of the ongoing Leisure Leagues Season III here at Sixteen Star Ground. FC Evolution overpowered Zaim FC recording a 3-2 victory - thanks to Fahad Imran for his two goals. Alwaiz sco
Published 12 Apr, 2018 12:00am
Cameroon athletes vanish from Commonwealth Games

Cameroon athletes vanish from Commonwealth Games

A total of eight athletes from conflict-hit Cameroon are now missing from the Commonwealth Games in Australia, team officials said Wednesday. Three weightlifters and two boxers were initially reported to Australian police after not being seen since Tuesda
Published 12 Apr, 2018 12:00am
All smiles as Laugher wins Commonwealth diving title

All smiles as Laugher wins Commonwealth diving title

England's Jack Laugher gave a dominant performance to retain his Commonwealth Games one-metre springboard title on the Gold Coast on Wednesday. Elsewhere, Olympic silver medallists Pandelela Rinong and Cheong Jun Hoong led Malaysia to three medals on the
Published 12 Apr, 2018 12:00am
Ukraine rejects Russian gas transit offer

Ukraine rejects Russian gas transit offer

Ukraine on Wednesday rejected a natural gas transit proposal by Russian energy giant Gazprom as an unacceptable and unprofitable proposition for Kiev. Gazprom on Tuesday had said it could continue pumping reduced volumes of gas to western and central Euro
Published 12 Apr, 2018 12:00am
19 killed in clashes between UN and militia in Central African capital

19 killed in clashes between UN and militia in Central African capital

The Central African Republic, one of the world's poorest and most unstable countries, was rocked on Wednesday after 19 people, including a UN soldier, were killed and more than 100 wounded in clashes between peacekeepers and militias in a flashpoint Musli
Published 12 Apr, 2018 12:00am
US House Speaker Ryan won't seek re-election

US House Speaker Ryan won't seek re-election

The most powerful Republican in the US Congress, House Speaker Paul Ryan, said Wednesday he will not seek re-election in November, in a blow to President Donald Trump's party as it faces a bruising fight in midterm elections.
Published 12 Apr, 2018 12:00am
Russia, Egypt resume direct flights

Russia, Egypt resume direct flights

Russia and Egypt are to resume direct flights on Wednesday following a more than two-year hiatus after a bomb downed a Russian charter over the Sinai peninsula in 2015. Moscow officials stopped direct flights citing security concerns after the attack, in
Published 12 Apr, 2018 12:00am
Azerbaijan autocrat wins election boycotted by opposition: exit poll

Azerbaijan autocrat wins election boycotted by opposition: exit poll

Azerbaijan strongman Ilham Aliyev on Wednesday secured a fourth consecutive term in a snap election boycotted by the main opposition parties, exit polls showed. An Aliyev victory was widely seen as a foregone conclusion with the Caspian state's downtrodde
Published 12 Apr, 2018 12:00am
AFP CEO Emmanuel Hoog to step down

AFP CEO Emmanuel Hoog to step down

AFP's chief executive Emmanuel Hoog announced Wednesday that he was withdrawing his bid for a third term at the head of the international news agency after failing to secure government support. "I was made aware this morning that my programme did not have
Published 12 Apr, 2018 12:00am
Poisoned ex-spy's daughter refuses Russian help

Poisoned ex-spy's daughter refuses Russian help

Yulia Skripal, who was poisoned in England last month along with her Russian ex-spy father, has refused consular assistance from the Russian embassy, a British foreign ministry spokesman said. "We have previously passed on the Russian embassy's offer of c
Published 12 Apr, 2018 12:00am
US lifts travel ban on Chad

US lifts travel ban on Chad

The United States announced Tuesday the lifting of its six-month ban on visitors and immigrants from Chad, saying the country had met key security requirements for vetting travelers. "The president announced today that Chad has raised its security standar
Published 12 Apr, 2018 12:00am
Fox, Ziggo Sport raided

Fox, Ziggo Sport raided

US media giant Fox and Dutch broadcaster Ziggo Sport said Wednesday they were cooperating with EU anti-trust officials after unannounced searches of their offices as part of a probe into sports media rights. The office of Fox Networks Group, which operate
Published 12 Apr, 2018 12:00am
China to send art troupe to North Korea festival

China to send art troupe to North Korea festival

China will send a Communist Party official with an art troupe to North Korea for a festival celebrating the country's founder, state media said Wednesday, as the neighbours seek to heal battered relations. The delegation will leave on Friday to attend the
Published 12 Apr, 2018 12:00am
Tens of thousands rally as Bangladesh job protests spread

Tens of thousands rally as Bangladesh job protests spread

Tens of thousands of university students marched in cities across Bangladesh on Wednesday in one of the biggest protests faced by Prime Minister Sheikh Hasina in her decade in power. Students fighting against a controversial policy that sets aside governm
Published 12 Apr, 2018 12:00am
Russian helicopter crash kills six in far eastern city

Russian helicopter crash kills six in far eastern city

Six people died on Wednesday when a helicopter operated by a local airline crashed in a city in far eastern Russia, investigators said. The Mi-8 helicopter belonging to Vostok airline crashed in Khabarovsk at 11:30 am local time (0130 GMT), the Investigat
Published 12 Apr, 2018 12:00am
UN war crimes judges quash radical Serb's acquittal

UN war crimes judges quash radical Serb's acquittal

UN judges Wednesday found radical Serb Vojislav Seselj guilty on appeal of crimes against humanity, but the firebrand politician will remain a free man because of time already served behind bars. Seselj told AFP after the ruling that he was "proud" of the
Published 12 Apr, 2018 12:00am
One killed as landslide engulfs houses in Japan

One killed as landslide engulfs houses in Japan

A man has been found dead and several people are missing after a landslide engulfed houses in southern Japan on Wednesday, local officials said. "A man's body has been recovered" at the site of the landslide in a mountainous area of Nakatsu city, a munici
Published 12 Apr, 2018 12:00am
US displays military muscle as carrier sails in South China Sea

US displays military muscle as carrier sails in South China Sea

More than two dozen F/A-18 Hornets roared off the deck of the USS Theodore Roosevelt in an ear-splitting display of US military might as the aircraft carrier sailed through the South China Sea. The training exercise Tuesday came ahead of a port call in th
Published 12 Apr, 2018 12:00am
Bad weather hinders sugar beet sowing in Germany

Bad weather hinders sugar beet sowing in Germany

Poor weather has hindered the start of sugar beet sowing in Germany, the European Union's second largest beet producer, but the sowed area is likely to be similar to last year, the head of Germany's sugar industry association WVZ said on Monday. "Sowings
Published 12 Apr, 2018 12:00am
Shanghai copper up
Exchange

Shanghai copper up

The most-traded June aluminium contract on the Shanghai Futures Exchange (ShFE) closed up 0.2 percent at 14,375 yuan ($2,288.65) a tonne on Wednesday, having earlier touched 14,475 yuan, its highest since March 6. Physical premiums for aluminium deliverie
Published 12 Apr, 2018 12:00am
Aluminium extends rally, copper barely changed
Exchange

Aluminium extends rally, copper barely changed

Aluminium prices extended their rally on Wednesday to a sixth straight session, hitting an 11-week peak, amid persistent worries about shortages after the United States imposed sanctions on Russia's Rusal. Several metals went into the red after US Preside
Published 12 Apr, 2018 12:00am
Iraq completes southern crude oil export pipeline

Iraq completes southern crude oil export pipeline

Iraq has completed the construction of a pipeline that will boost its crude oil exports from southern ports, Oil Minister Jabar al-Luaibi said on Wednesday. The 11.6 kilometre (7.21 mile) pipeline has an export capacity of 1.5 million barrels per day (bpd
Published 12 Apr, 2018 12:00am
US crude hits highest since 2014 on missile concerns

US crude hits highest since 2014 on missile concerns

Oil prices jumped on Wednesday, hitting their highest in more than three years on Wednesday after Saudi Arabia said it intercepted missiles over Riyadh and US President Donald Trump warned Russia of imminent military action in Syria. Both US crude and glo
Published 12 Apr, 2018 12:00am
Rubber down
Exchange

Rubber down

Benchmark Tokyo rubber futures snapped three straight sessions of gains to close lower on Wednesday after hitting a more than one-week high earlier in the session, as the market came under pressure from weaker Shanghai futures. Tokyo Commodity Exchange (T
Published 12 Apr, 2018 12:00am
Malaysian palm oil slips
Vegetable Oil

Malaysian palm oil slips

Malaysian palm oil futures were lower in late trade on Wednesday, recording a third straight day of losses on the back of weaker related edible oils on the US Chicago Board of Trade and China's Dalian Commodity Exchange. The benchmark palm oil contract fo
Published 12 Apr, 2018 12:00am
Sugar prices fall to 2-1/2 year low, cocoa climbs
Currency

Sugar prices fall to 2-1/2 year low, cocoa climbs

Sugar futures on ICE extended losses to 2-1/2-year lows on Wednesday, pressured by producer hedging and ample global supplies, while cocoa prices rose. May raw sugar settled down 0.07 cent, or 0.6 percent, at 12.06 cents per lb, after hitting 11.93 cents,
Published 12 Apr, 2018 12:00am
Gold surges in New York

Gold surges in New York

Gold prices rose on Tuesday, hitting their highest in nearly a week as the US dollar weakened and investors awaited potential US action against suspected use of chemical weapons in Syria. Trump on Monday promised quick, forceful action in response to a de
Published 12 Apr, 2018 12:00am
Gold rises in Asia

Gold rises in Asia

Gold prices touched a one-week high on Wednesday, as the dollar fell to two-week lows and as a host of geopolitical factors stoked demand for the safe-haven metal. Spot gold rose 0.4 percent to $1,344.16 an ounce as of 0704 GMT, its fourth straight sessio
Published 12 Apr, 2018 12:00am
Gold climbs in Europe
Exchange

Gold climbs in Europe

Gold rose more than 1 percent on Wednesday as concerns over escalating tensions in Syria, US sanctions on Russia and the US-China trade stand-off weighed on stock markets and the dollar index. The metal hit a two-week high as appetite for nominally lower-
Published 12 Apr, 2018 12:00am
Ivory Coast cocoa farmers predict good harvest

Ivory Coast cocoa farmers predict good harvest

Ivory Coast cocoa farmers said their trees were loaded with ripe cocoa pods and that sunny intervals last week enabled crops to dry, quelling fears that low rainfall earlier this year might have hit production. The government last week said it is expectin
Published 12 Apr, 2018 12:00am
US MIDDAY: gold down
Exchange

US MIDDAY: gold down

Gold prices retreated from session highs on Wednesday but remained positive after the US Federal Reserve confirmed policymakers' sentiment of a stronger US economy, denting safe haven appeal. All Fed policymakers felt the US economy would firm further and
Published 12 Apr, 2018 12:00am
NAB arrests CEO of Consultancy Support Services

NAB arrests CEO of Consultancy Support Services

The NAB Karachi claimed to have arrested one Amir Hussain, Chief Executive Officer M/s Consultancy Support Services Karachi in the limit of North Nazimabad Karachi police station. According to details, the accused was wanted in investigation against Azim
Published 12 Apr, 2018 12:00am
Government committed to achieving SDGs: PM

Government committed to achieving SDGs: PM

Prime Minister Shahid Khaqan Abbasi has stated that Sustainable Development Goals (SDGs) are very important for development and the government has taken concrete measures in this regard. While speaking at closing session on 'Think Globally, Act Locally, S
Published 12 Apr, 2018 12:00am
28 companies to participate in Beautyworld Middle East 2018

28 companies to participate in Beautyworld Middle East 2018

A total of 28 companies from Pakistan are participating in Beautyworld Middle East 2018 scheduled to be held from 08-10 May at Dubai. A total of 16 direct exhibitors and 12 under the banner of Trade Development Authority of Pakistan (TDAP) will participat
Published 12 Apr, 2018 12:00am
PIA affairs: SC to hear cases today

PIA affairs: SC to hear cases today

The Supreme Court will hear today (Thursday) two suo motu cases pertaining to alleged irregularities and illegalities in Pakistan International Airlines (PIA) and its proposed privatization. A three-member bench headed by Chief Justice Mian Saqib Nisar an
Published 12 Apr, 2018 12:00am
PFA seals five outlets

PFA seals five outlets

The Punjab Food Authority (PFA) in its ongoing drive of checking food outlets on Wednesday inspected various sites while five outlets were sealed for not making proper cleanliness arrangements.
Published 12 Apr, 2018 12:00am
Lalpir Power Limited
Mutual Funds

Lalpir Power Limited

Lalpir Power Limited (PSX: LPL) is part of the reputable Mansha group, which also owns other power companies including Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It was set up in 1994 to operate a 362MW
Published 12 Apr, 2018 12:00am
Lalpir Power Limited
Mutual Funds

Lalpir Power Limited

Lalpir Power Limited (PSX: LPL) is part of the reputable Mansha group, which also owns other power companies including Pakgen Power Limited, Nishat Power Limited and Engen Private Limited as part of its portfolio. It was set up in 1994 to operate a 362MW
Published 12 Apr, 2018 12:00am
'MTFA Family Sports Festival 2018' from today

'MTFA Family Sports Festival 2018' from today

'Jashan-e-Baharan MTFA Family Sports Festival-2018' will get underway here at Model Town Football Ground from today. Over 4600 students' up to 18 years of age have registered so far to participate in this festival. On first day, three matches will be play
Published 12 Apr, 2018 12:00am
Government working on policy to address exporters' issues: DG TDAP

Government working on policy to address exporters' issues: DG TDAP

The government is working on a policy to address the trade related issues of the exporters to help generate the pace of economic development of the country. Mian Riaz Ahmed, Director General, Trade Development Authority of Pakistan (TDAP) stated this whil
Published 12 Apr, 2018 12:00am
Nestlé Pakistan, PARC to highlight water wastage issues, solutions

Nestlé Pakistan, PARC to highlight water wastage issues, solutions

To commemorate the celebration of World Water Day, Nestlé Pakistan joined hands with Pakistan Agriculture Research Council (PARC) to highlight water wastage issues faced in the country due to poor agriculture practices. The event marked the official inaug
Published 12 Apr, 2018 12:00am
Saarc member states urged to make self-regulating trade strategies

Saarc member states urged to make self-regulating trade strategies

SAARC Chamber of Commerce and Industry Vice President Iftikhar Ali Malik on Wednesday said that in the prevailing global economic scenario, it is need of the hour that SAARC member states should craft new self-regulating trade strategies to withstand the
Published 12 Apr, 2018 12:00am
Body formed to probe murder case

Body formed to probe murder case

The Punjab government on Wednesday constituted a high-level committee for investigation of an incident of setting a girl on fire after rape in Chichawatni. RPO Sheikhpura Zulfiqar Hameed will head the committee while SSP Range Investigation Gujranwala Kha
Published 12 Apr, 2018 12:00am
Crop insurance scheme launched in Punjab
Cotton

Crop insurance scheme launched in Punjab

The Punjab government has launched crop insurance scheme (Takaful) to protect the income of farmers against unfavorable circumstances. In this regard, from Kharif 2018 first phase will be launched from Sheikupura, Sahiwal, Loadhran and Rahim Yar Khan. Und
Published 12 Apr, 2018 12:00am
Pagara, Shujaat discuss grand alliance

Pagara, Shujaat discuss grand alliance

In a bid to evolve joint strategy for the forthcoming general elections, Functional Muslim League (FML) Chief Pir Pagara called on PML-Quaid's President Chaudhry Shujaat Hussain at his Gulberg residence on Wednesday. During the meeting, the country's poli
Published 12 Apr, 2018 12:00am
Farmers with 50 acres of land to be included in 'E-Credit Scheme'

Farmers with 50 acres of land to be included in 'E-Credit Scheme'

As many as 314,000 small farmers have been credited through E-Credit scheme aimed at financially empowering the growers to have sufficient sources to carry out agriculture. The provincial agriculture department is disbursing loan of Rs 40,000 per acre for
Published 12 Apr, 2018 12:00am
Motorway toll tax staff accused of corruption

Motorway toll tax staff accused of corruption

Motorway toll plazas staff is allegedly involved in corruption in connivance with heavy transport companies, causing millions of rupees loss to the exchequer. Well-placed sources in the National Highway Authority (NHA) said that efforts are being made to
Published 12 Apr, 2018 12:00am
Development sans proper revenue collection not possible: minister

Development sans proper revenue collection not possible: minister

Provincial Minister Excise and Taxation Mian Mujtaba Shuja-ur-Rehman has said that the ratio of annual tax collection of the department has raised from Rs8 million to Rs32 million due to the efficiency and transparency introduced in the system. No develop
Published 12 Apr, 2018 12:00am
'Health Asia Exhibition' begins

'Health Asia Exhibition' begins

Punjab Minister for Primary & Secondary Health Khawaja Imran Nazir has said that international exhibitions on health sector would help introduce modern trends and use of new technology in health sector would be promoted. He said this while inaugurating th
Published 12 Apr, 2018 12:00am
'Golden Dragon Navigator' series launched

'Golden Dragon Navigator' series launched

Premval (pvt) Ltd, a subsidiary of VPL Limited has launched Golden Dragon Navigator series for Pakistan's high-end bus market in a ceremony held at a local hotel. The ceremony was attended by transporters, partner banks and the company's management. Premv
Published 12 Apr, 2018 12:00am
Taxation system needs reforms based on ground realities: LCCI

Taxation system needs reforms based on ground realities: LCCI

Taxation system needs reforms based on ground realities and due consultation process with the stakeholders to ensure result-oriented policies for the businessmen. Harmonization in tax system across the country is also a must to get rid of the issue of dua
Published 12 Apr, 2018 12:00am
PYMA concerned over increase in yarn prices

PYMA concerned over increase in yarn prices

Central Chairman, Pakistan Yarn Merchants Association (PYMA) Khurshid A. Shaikh, Zonal Chairman, Muhammad Aslam Moten & Zonal Vice Chairman, Muhammad Khalid Gader have expressed deep concern over continuous increase in prices of yarn and urged government
Published 12 Apr, 2018 12:00am
Pak-Qatar Family Takaful, DIB generate over Rs 3 billion in BancaTakaful

Pak-Qatar Family Takaful, DIB generate over Rs 3 billion in BancaTakaful

Pak-Qatar Family Takaful has generated over Rs3 billion in BancaTakaful business with its first partner Dubai Islamic Bank (DIB). The 9-year-old business portfolio that commenced in October 2009 has now crossed PKR 3.05 Billion with 9,000 customers across
Published 12 Apr, 2018 12:00am
Pak-Qatar Family Takaful, DIB generate over Rs 3 billion in BancaTakaful

Pak-Qatar Family Takaful, DIB generate over Rs 3 billion in BancaTakaful

Pak-Qatar Family Takaful has generated over Rs3 billion in BancaTakaful business with its first partner Dubai Islamic Bank (DIB). The 9-year-old business portfolio that commenced in October 2009 has now crossed PKR 3.05 Billion with 9,000 customers across
Published 12 Apr, 2018 12:00am
'Pakistan loses three percent of GDP due to malnutrition'

'Pakistan loses three percent of GDP due to malnutrition'

Pakistan loses three percent of its GDP ($ 7.6 billion) every year due to enormous malnutrition of mothers and children, Chairman Planning and Development Board Punjab Muhammad Jehanzeb said while inaugurating seminar titled 'Nutrition National Perspectiv
Published 12 Apr, 2018 12:00am
'Total' to expand filling stations' network

'Total' to expand filling stations' network

Having more than 800 filling stations across the country, Total PARCO Pakistan Limited will expand its network by adding 50 filling stations annually to penetrate deeply in the local market. The company has also maintained high level of efficiency to achi
Published 12 Apr, 2018 12:00am
MCC Quetta generates Rs 5595 million in three quarters

MCC Quetta generates Rs 5595 million in three quarters

The Model Customs Collectorate (MCC) Quetta generated Rs5595 million additional revenue of all the duties and taxes during first three quarters (July to March) FY17-18 against the same corresponding FY16-17, while it took into possession 620 non-duty paid
Published 12 Apr, 2018 12:00am
SBP 'Shariah Board' renamed as 'Shariah Advisory Committee'

SBP 'Shariah Board' renamed as 'Shariah Advisory Committee'

The State Bank of Pakistan (SBP) has announced changes in nomenclature of "SBP Shariah Board" by converting it into "Shariah Advisory Committee". According to SBP IBD Circular Letter No. 01 of 2018, issued on Wednesday, the "Shariah Board" of State Bank h
Published 12 Apr, 2018 12:00am
Hot and dry weather forecast for Karachi

Hot and dry weather forecast for Karachi

Temperature in the metropolis is expected to scale up to 40 degrees Celsius, as Met Office on Wednesday alerted the public to a fresh heat wave spell. The scorching spell is likely to bring hot and dry weather for the city on Thursday (today) and Friday w
Published 12 Apr, 2018 12:00am
'Over 100 people diagnosed with Parkinson's disease daily'

'Over 100 people diagnosed with Parkinson's disease daily'

"Everyday more than 100 people are diagnosed with Parkinson's disease in Pakistan and an estimated 6 million people worldwide are suffering from this disease," revealed leading neurologists in a press briefing to mark World Parkinson's Awareness Week. Awa
Published 12 Apr, 2018 12:00am
SZABIST and Planet N collaborate to incentivize students

SZABIST and Planet N collaborate to incentivize students

Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (SZABIST) Karachi signed an MoU with Planet N Group (Feedience Pvt. Ltd). The agreement was signed with signatures of Shahnaz Wazir Ali, President SZABIST and Nadeem Hussain Coach Planet N Co
Published 12 Apr, 2018 12:00am
Pakistani-origin woman named High Sheriff of Greater Manchester

Pakistani-origin woman named High Sheriff of Greater Manchester

Pakistani-origin Dr Robina Shah has been named as the next High Sheriff of Greater Manchester, United Kingdom after approval of Queen Elizabeth II. Robina is a Chartered Psychologist and Senior Lecturer at Manchester Medical School, University of Manchest
Published 12 Apr, 2018 12:00am
Web version of NFEMIS launched

Web version of NFEMIS launched

Federal Minister for Education and Professional Training, Engr Muhammad Baligh Ur Rehman on Wednesday said web version of Non-Formal Education Management Information System (NFEMIS) will help boosting the number of literates in the country.
Published 12 Apr, 2018 12:00am
KP supports FWO's Machike-Tarujabba oil pipeline project

KP supports FWO's Machike-Tarujabba oil pipeline project

A public hearing was held by Oil & Gas Regulatory Authority (OGRA) in Peshawar regarding the grant of license to FWO for construction of oil pipeline from Machike to Tarujabba with an estimated project cost of $370 million. In a press statement issued by
Published 12 Apr, 2018 12:00am
Bizenjo meets CNS

Bizenjo meets CNS

Chief Minister Balochistan Mir Abdul Quddus Bizenjo called on Chief of the Naval Staff Admiral Zafar Mahmood Abbasi at Naval Headquarters Islamabad.
Published 12 Apr, 2018 12:00am
UNICEF official meets Asif

UNICEF official meets Asif

The new UNICEF Representative in Pakistan, Aida Girma-Melaku, met the Foreign Minister, Khawaja Muhammad Asif, here on Wednesday and presented her credentials. She recently arrived in the country and assumed charge of her office.
Published 12 Apr, 2018 12:00am
Nothing changed in Peshawar despite Imran's tall claims: Shahbaz

Nothing changed in Peshawar despite Imran's tall claims: Shahbaz

Pakistan Muslim League-Nawaz (PML-N) president and Punjab Chief Minister Shahbaz Sharif on Wednesday promised to complete the Bus Rapid Transit project in five months time if his party is given chance by the people of Peshawar in the next polls.
Published 12 Apr, 2018 12:00am
Bilawal pays tribute to Shaheed Najeeb

Bilawal pays tribute to Shaheed Najeeb

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has paid rich tributes to student leader Shaheed Najeeb Ahmed on his 28th martyrdom anniversary being observed today. In his message on the occasion, the PPP Chairman said that PSF leader Shaheed Naje
Published 12 Apr, 2018 12:00am
IGP Islamabad told to get public land retrieved from influential person

IGP Islamabad told to get public land retrieved from influential person

The Public Accounts Committee (PAC) has directed inspector general of Islamabad Police to get public land vacated from an influential encroacher in the federal capital and report the panel. The PAC meeting was held here on Wednesday under the chairmanship
Published 12 Apr, 2018 12:00am
Sale of cars soars to 16 percent YoY

Sale of cars soars to 16 percent YoY

Sales of locally assembled cars edged up 16 per cent year-on-year to 161371 units in July-March, Pakistan Automotive Manufacturers Association (PAMA) said on Wednesday. The local car assemblers (including LCVs, Vans and Jeeps) managed to sell 22,380 units
Published 12 Apr, 2018 12:00am
FFC's new CEO elected

FFC's new CEO elected

Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) has unanimously elected Lieutenant-General Tariq Khan, HI (M) (retd) Chief Executive and Managing Director Fauji Fertilizer Company (FFC) as new Chairman on retirement of Lieutenant-General Sha
Published 12 Apr, 2018 12:00am
Thar gives birth to economic revolution in country: Bilawal

Thar gives birth to economic revolution in country: Bilawal

Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari along with CM Sindh Syed Murad Ali Shah visited Thar Coal Block II and monitored the mining operations, construction of 2X330MW power plant, and the community development work done by Sindh Eng
Published 12 Apr, 2018 12:00am
'Pakistan Day' reception held in Tehran

'Pakistan Day' reception held in Tehran

The Ambassador of Pakistan to Iran hosted a reception to commemorate Pakistan's 78th National Day in a hotel on Tuesday evening. Interior Minister of Islamic Republic of Iran Abdolreza Rahmani Fazli was the Chief Guest on the occasion. A large number of g
Published 12 Apr, 2018 12:00am
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