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Nov 13, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-04-21
Shanghai aluminium down
Exchange

Shanghai aluminium down

The most-traded June aluminium contract on the Shanghai Futures Exchange closed down 2.2 percent at 14,955 yuan ($2,379.78) a tonne on Friday, but has still gained 3.7 percent this week, its biggest weekly jump since the week ended August 11, 2017. The mo
Published 21 Apr, 2018 12:00am
Russia sees 'solid foundation' for extending oil alliance

Russia sees 'solid foundation' for extending oil alliance

Russia said there was a "very solid foundation" for extending cooperation between Opec and non-Opec countries at a meeting Friday of oil producers in Saudi Arabia. Oil kingpin Saudi Arabia said a "consensus" was emerging for a long-term cooperation agreem
Published 21 Apr, 2018 12:00am
Oil prices recover after sliding on Trump tweet criticizing Opec

Oil prices recover after sliding on Trump tweet criticizing Opec

Oil prices edged up on Friday, stabilizing after an earlier slide driven by US President Donald Trump's criticism of Opec's role in pushing up global oil prices. Brent crude oil futures gained 28 cents, or 0.4 percent, to settle at $74.06 per barrel. West
Published 21 Apr, 2018 12:00am
Rubber steadies
Exchange

Rubber steadies

Benchmark Tokyo rubber futures dropped from a one-month high to end steady on Friday, as investors took profits after Shanghai futures, which rose earlier in the day, pared gains. "The market came off in the afternoon as investors booked profits ahead of
Published 21 Apr, 2018 12:00am
Palm oil edges up
Vegetable Oil

Palm oil edges up

Malaysian palm oil futures made gains on Friday evening, their first in three sessions, tracking strength in crude oil prices and as the market saw profit taking in evening trade. The benchmark palm oil contract for July delivery on the Bursa Malaysia Der
Published 21 Apr, 2018 12:00am
Cocoa retreats on weak N American grind data

Cocoa retreats on weak N American grind data

Cocoa futures on ICE fell on Friday, dropping below the highest levels since 2016 reached earlier this week on pressure from lower North American first-quarter grind data, while raw sugar inched down to a 2-1/2-year low on ample global supplies. July New
Published 21 Apr, 2018 12:00am
Gold dips in New York

Gold dips in New York

Gold prices dipped on Thursday, breaking a string of gains for four successive sessions, in response to a decline in global political tensions. Spot gold lost 0.2 percent at $1,346.20 per ounce by 1:38 pm EDT (1738 GMT), while June US gold futures settled
Published 21 Apr, 2018 12:00am
Gold lower in Asia

Gold lower in Asia

Gold prices inched lower on Friday and were headed for the first weekly decline in three weeks as expectations of higher US interest rates and easing political tensions on the Korean Peninsula and Syria weighed on demand for the safe-haven metal.
Published 21 Apr, 2018 12:00am
Gold eases in Europe

Gold eases in Europe

Gold prices eased on Friday and were on track to end the week lower as the dollar advanced on expectations of higher US interest rates and the view that global political and security risks were easing. Spot gold was down 0.6 percent at $1,333.66 an ounce
Published 21 Apr, 2018 12:00am
US MIDDAY: corn, soya and wheat fall

US MIDDAY: corn, soya and wheat fall

US wheat, corn and soyabean futures fell on Friday, with forecasts for beneficial crop weather across key growing areas sparking a round of fund liquidation ahead of the weekend, trader said. Wheat lead the declines with the front-month K.C. hard red wint
Published 21 Apr, 2018 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold prices eased on Friday and were on track to end the week lower as the dollar advanced on expectations of higher US interest rates and market players grew a bit less worried about global political and security risks. Spot gold lost 0.6 percent at $1,3
Published 21 Apr, 2018 12:00am
Former Chelsea skipper Bentley dies

Former Chelsea skipper Bentley dies

Roy Bentley, who captained Chelsea to their first league title and was the last remaining member of the England squad famously humbled by the United States at the 1950 World Cup, has died aged 93, the club announced on Friday.
Published 21 Apr, 2018 12:00am
Chelsea keep Champions League hopes alive at Burnley

Chelsea keep Champions League hopes alive at Burnley

Chelsea manager Antonio Conte defended misfiring striker Alvaro Morata despite the Spaniard missing a host of chances in a 2-1 win at Burnley on Thursday. Victory kept Chelsea's outside chances of chasing down Tottenham Hotspur for a place in next season'
Published 21 Apr, 2018 12:00am
Nadal thrashes Thiem to ease into Monte Carlo semis

Nadal thrashes Thiem to ease into Monte Carlo semis

Rafael Nadal crushed fifth seed Dominic Thiem 6-0, 6-2 to romp into the Monte Carlo Masters semi-finals on Friday as he stepped up his bid for an 11th title in style. A tight match had been anticipated, but Nadal produced one of the most dominant wins of
Published 21 Apr, 2018 12:00am
Amazon seals five-year deal for UK, Irish rights to US Open

Amazon seals five-year deal for UK, Irish rights to US Open

The US Open will become the first Grand Slam tournament to be broadcast solely online in the United Kingdom and Ireland after E-commerce giants Amazon signed a five-year deal for rights to the tournament on Thursday. The deal with the United States Tennis
Published 21 Apr, 2018 12:00am
30 young cricketers to attend NCA U-13 basic camp

30 young cricketers to attend NCA U-13 basic camp

The National Junior Selection Committee headed by former Test cricketer Basit Ali has selected as many as 30 players to attend NCA U-13 basic coaching camp 2018 being held from April 23 to May 4, 2018 at Hanif Muhammad High-Performance Centre, Karachi.
Published 21 Apr, 2018 12:00am
Turkey in shock after 'night football died'

Turkey in shock after 'night football died'

Turkish football was reeling on Friday from one of the grimmest nights in its recent history that saw an ill-tempered Istanbul derby abandoned after a club manager needed stitches in his head after being hit by an object hurled out of the stands. Besiktas
Published 21 Apr, 2018 12:00am
D I Khan sweep KP U-23 Regional Inter-District Female Games

D I Khan sweep KP U-23 Regional Inter-District Female Games

Dera Ismail Khan made a clean sweep by securing 130 points after obtaining all the winners trophies of the 13 different disciplines part of the Khyber Pakhtunkhwa Under-23 Dera Ismail Khan Region Inter-District Female Games which concluded at Ratta Gulach
Published 21 Apr, 2018 12:00am
Filipino sensation KO's Frenchman for IBO world title

Filipino sensation KO's Frenchman for IBO world title

Rising Filipino sensation Michael Dasmarinas knocked out his French opponent Karim Guerfi just seconds into the fourth round Friday to win the vacant International Boxing Organization bantamweight world title in Singapore. Dasmarinas, a southpaw, unleashe
Published 21 Apr, 2018 12:00am
Armstrong in $5 million settlement for US fraud case

Armstrong in $5 million settlement for US fraud case

Lance Armstrong has agreed to pay $5 million in order to settle the looming federal fraud case stemming from his drug-fuelled reign as king of the Tour de France, it was confirmed on Thursday. The former cycling superstar was due to face a trial next mont
Published 21 Apr, 2018 12:00am
ZTBL in final of Patron's Trophy Grade-II

ZTBL in final of Patron's Trophy Grade-II

Zarai Taraqiati Bank Limited cricket team qualified for the final of Patron's Trophy Grade-II on the basis of 1st inning lead of 35 runs. The final will be played ZTBL vs Ghani Glass on 21st to 24th April 2018 at Pindi Cricket Stadium Rawalpindi.
Published 21 Apr, 2018 12:00am
Ex-batsman Smith named as new England cricket selector

Ex-batsman Smith named as new England cricket selector

Former Test batsman Ed Smith has been appointed as England's new national selector, the England and Wales Cricket Board (ECB) announced Friday. The ECB said Smith, who succeeds James Whitaker, would be part of a "new approach to scouting, assessing and se
Published 21 Apr, 2018 12:00am
European lawmakers demand Russia Cup boycott

European lawmakers demand Russia Cup boycott

A group of EU lawmakers on Friday urged the bloc's leaders to boycott this year's football World Cup in Russia to protest over Moscow's "mockery of European values". The 60 MEPs said all European Union countries should follow the lead of Britain and non-E
Published 21 Apr, 2018 12:00am
Commonwealth backs Prince Charles as next head

Commonwealth backs Prince Charles as next head

Commonwealth leaders agreed Friday that Prince Charles should follow his mother Queen Elizabeth II as the next head of the group at the close of a summit overshadowed by a row over Britain's treatment of Caribbean immigrants.
Published 21 Apr, 2018 12:00am
UK teen who hacked CIA chief gets two-year prison term

UK teen who hacked CIA chief gets two-year prison term

A British teenager who accessed the email accounts of top US intelligence and security officials including the head of the CIA was sentenced to two years in prison on Friday. Kane Gamble, 18, founder of Crackas With Attitude, will serve his sentence in a
Published 21 Apr, 2018 12:00am
Iraq pays first war reparations to Kuwait since 2014

Iraq pays first war reparations to Kuwait since 2014

Iraqi dictator Saddam Hussein has been dead for more than a decade but Kuwait is still receiving reparations for his 1990 invasion, with the latest tranche of $90 million approved on Friday.
Published 21 Apr, 2018 12:00am
Four Saudi officers killed in gun attack

Four Saudi officers killed in gun attack

Four Saudi officers were shot dead and four others wounded Thursday when their check post came under gunfire in southern Asir province, state media said citing the interior ministry.
Published 21 Apr, 2018 12:00am
Cinema makes return to Saudi Arabia

Cinema makes return to Saudi Arabia

Saudi Arabia hosted its first public film screening in over 35 years on Friday, two days after US movie giant AMC unveiled the kingdom's debut theatre in Riyadh. Clutching prized tickets for the sold-out showing of Hollywood blockbuster action film "Black
Published 21 Apr, 2018 12:00am
North and South Korea open hotline between leaders
Exchange

North and South Korea open hotline between leaders

The two Koreas opened a hotline between their leaders Friday, a week before a summit between North Korea's Kim Jong Un and the South's President Moon Jae-in in the Demilitarized Zone. The line links the presidential Blue House in Seoul with the Pyongyang
Published 21 Apr, 2018 12:00am
Zimbabwe nurses stage public protest after being sacked

Zimbabwe nurses stage public protest after being sacked

Scores of Zimbabwe nurses on Friday protested in Harare's central city park after the government dismissed them for striking over low salaries and poor working conditions. The nurses, who wore their white uniforms, demanded the government reverse its deci
Published 21 Apr, 2018 12:00am
Democrats sue Trump campaign, Russia for alleged conspiracy

Democrats sue Trump campaign, Russia for alleged conspiracy

The Democratic Party filed a lawsuit Friday alleging that Russia, WikiLeaks and top officials from Donald Trump's campaign conspired to tilt the 2016 US presidential election in the Republican's favour. The civil complaint filed in federal district court
Published 21 Apr, 2018 12:00am
Shooting at Florida school as students stage walkout

Shooting at Florida school as students stage walkout

A Florida high school student shot and wounded a classmate on Friday as students around the United States staged walkouts to protest gun violence. The Sheriff's Office for Marion County said the suspect was in custody following the early morning shooting
Published 21 Apr, 2018 12:00am
US brands China, Russia 'forces of instability'

US brands China, Russia 'forces of instability'

The United States branded strategic rivals China and Russia "forces of instability" on Friday, grouping them with Iran and North Korea as countries whose rights abuses amount to a global threat. The charge was made by acting secretary of state John Sulliv
Published 21 Apr, 2018 12:00am
US woman gets life sentence for Canada mall massacre plot

US woman gets life sentence for Canada mall massacre plot

A US woman was sentenced to life in prison Friday for plotting to slaughter shoppers at a mall in the Canadian port city of Halifax. Lindsay Souvannarath, 26, pleaded guilty last year to conspiracy to commit murder in the case. With credit for time served
Published 21 Apr, 2018 12:00am
Top DJ Avicii dies

Top DJ Avicii dies

Avicii, one of the world's most successful DJs who helped lead the global boom in electronic music, died Friday in Oman, his representative said. He was 28. Two years after his unusually early retirement due to nagging health concerns, the Swedish DJ was
Published 21 Apr, 2018 12:00am
Kyrgyzstan forms new government

Kyrgyzstan forms new government

Kyrgyzstan's parliament on Friday voted overwhelmingly to confirm a new government led by the country's 30th prime minister in less than three decades, who is an ally of new President Sooronbai Jeenbekov. Mukhamedkali Abylgaziyev's installment is the late
Published 21 Apr, 2018 12:00am
US 'bombed' UN peace talks on Syria: Lavrov

US 'bombed' UN peace talks on Syria: Lavrov

The United States and its allies "bombed" UN-backed peace talks aimed at ending the war in Syria when they ordered strikes on the country this month, Russia's foreign minister said Friday. The US, France and Britain "on 14 April bombed not only made-up ch
Published 21 Apr, 2018 12:00am
Western powers amend UN draft resolution on Syria

Western powers amend UN draft resolution on Syria

France, the United States and Britain have amended a draft resolution on Syria, seeking UN Security Council support for a political and humanitarian response to the conflict that has so far met resistance from Russia. The original draft, which failed to g
Published 21 Apr, 2018 12:00am
'Made in Pakistan' products must be symbol of quality: Ahsan

'Made in Pakistan' products must be symbol of quality: Ahsan

Federal Minister for Planning, Development and Reform, Ahsan Iqbal has said that China-Pakistan Economic Corridor (CPEC) is attractive for investors across the world, urging the local business community to improve the quality of their products. Addressing
Published 21 Apr, 2018 12:00am
Peoples Unity wins PIA CBA union referendum

Peoples Unity wins PIA CBA union referendum

Peoples Unity won Pakistan International Airlines (PIA) CBA union referendum 2018 by securing 4,228 votes against Air League's 1,880 votes. Pakistan Peoples Party (PPP)-backed Peoples Unity leader Hidayatullah Khan has been elected as President of All Pak
Published 21 Apr, 2018 12:00am
CDNS offers 'Bahbood Savings Certificate' to special people

CDNS offers 'Bahbood Savings Certificate' to special people

The Central Directorate of National Savings (CDNS) in its landmark initiative to bring the people with disabilities under their social safety net was extending their specialised national savings scheme of 'Bahbood Savings Certificate' to all special peopl
Published 21 Apr, 2018 12:00am
CDNS offers 'Bahbood Savings Certificate' to special people

CDNS offers 'Bahbood Savings Certificate' to special people

The Central Directorate of National Savings (CDNS) in its landmark initiative to bring the people with disabilities under their social safety net was extending their specialised national savings scheme of 'Bahbood Savings Certificate' to all special peopl
Published 21 Apr, 2018 12:00am
Amreli Steels launches 'City of Jinnah' monument

Amreli Steels launches 'City of Jinnah' monument

Amreli Steels launched the 'City of Jinnah' Monument near Dolmen Mall, Clifton Karachi. The monument features 4 portraits of the Father of Nation, Muhammad Ali Jinnah, which have been made with Amreli Steel's product, steel bars. The monument was inaugura
Published 21 Apr, 2018 12:00am
SBP proposes withdrawal of 5 percent tax on bonus shares
Exchange

SBP proposes withdrawal of 5 percent tax on bonus shares

The State Bank of Pakistan (SBP) has strongly proposed that the five percent tax on bonus shares should be withdrawn in budget (2018-19). The budget proposals of the SBP for 2018-19 revealed that the company issuing bonus shares is responsible for collect
Published 21 Apr, 2018 12:00am
SAI to operate flights from new Islamabad airport

SAI to operate flights from new Islamabad airport

Shaheen Air International (SAI) will begin all Islamabad inbound and outbound flights from the new Islamabad International Airport (IIAP) starting from the inauguration of the new Airport on May 3. As Pakistan Civil Aviation Authority (PCAA) has conveyed
Published 21 Apr, 2018 12:00am
AGP's absence irks NA body

AGP's absence irks NA body

The National Assembly Standing Committee on Overseas Pakistanis and Human Resource Development on Friday took serious notice of attorney general of Pakistan's absence from its meeting without any prior intimation. The committee meeting was held here in th
Published 21 Apr, 2018 12:00am
EDB's worst performance highlighted at NA body's meeting

EDB's worst performance highlighted at NA body's meeting

The National Assembly Standing Committee on Industries and Production (MoI&P) Friday was sensitized about worst performance of Engineering Development Board (EDB), headed by a general manager who has been given the charge of acting CEO.
Published 21 Apr, 2018 12:00am
'Promoting quality culture': Wah University holds awareness session

'Promoting quality culture': Wah University holds awareness session

Directorate of Quality Assurance and Enhancement (QA&E), University of Wah organized an awareness session titled "Promoting Quality Culture". Brigadier Khalid Mahmood Anwar, Director QA&E, University of Wah was the resource person. Prof Khaliq ur Rehman S
Published 21 Apr, 2018 12:00am
MoIT&T proposes rebate on exports of IT & allied services

MoIT&T proposes rebate on exports of IT & allied services

Ministry of Information Technology & Telecommunication has proposed the government to give rebate on exports of IT & enabled services and separate them from other services in upcoming budget 2018-19 to help increase exports of the sector to $10 billion by
Published 21 Apr, 2018 12:00am
Forex reserves decrease by $58 millions

Forex reserves decrease by $58 millions

The State Bank of Pakistan's (SBP) reserves decreased by $58 million to $11.546 billion during the last week due to external debt servicing and other official payments. According to SBP, the country's total liquid foreign reserves stood at $17.545 billion
Published 21 Apr, 2018 12:00am
Nestlé Pure Life realigns its brand identity

Nestlé Pure Life realigns its brand identity

NESTLÉ PURE LIFE has launched a campaign that is designed to realign their brand identity. While strengthening the brand's focus on choosing healthy hydration for one's family, the new direction is aimed towards further championing the cause of pure water
Published 21 Apr, 2018 12:00am
Federal, provincial laws: SBP proposes uniform ST, FED rates

Federal, provincial laws: SBP proposes uniform ST, FED rates

The State Bank of Pakistan (SBP) has proposed uniform rates of sales tax and Federal Excise Duty (FED) under federal and provincial laws. The SBP has pointed out lack of uniformity in FED/Sales Tax Rates & Exemptions given by federal and provincial tax la
Published 21 Apr, 2018 12:00am
Federal, provincial laws: SBP proposes uniform ST, FED rates

Federal, provincial laws: SBP proposes uniform ST, FED rates

The State Bank of Pakistan (SBP) has proposed uniform rates of sales tax and Federal Excise Duty (FED) under federal and provincial laws. The SBP has pointed out lack of uniformity in FED/Sales Tax Rates & Exemptions given by federal and provincial tax la
Published 21 Apr, 2018 12:00am
Sindh Forest Department makes world record of mangroves plantation

Sindh Forest Department makes world record of mangroves plantation

Sindh Forest Department on Thursday made a world record planting over one million saplings of the mangrove species in a day in district Thatta in a day. However, the media was not given access to witness the plantation drive for the reason best known to t
Published 21 Apr, 2018 12:00am
Advance tax SBP suggests raise on cash withdrawals' limit

Advance tax SBP suggests raise on cash withdrawals' limit

The State Bank of Pakistan (SBP) has proposed enhancement in the limit of Rs50,000 to Rs100,000 for collection of advance tax on cash withdrawals and online transfers by Small And Medium Enterprises (SMEs) and three-years tax holiday for women entrepreneu
Published 21 Apr, 2018 12:00am
KCAET students urged to focus on research-oriented education

KCAET students urged to focus on research-oriented education

The Principal of Khairpur College of Agricultural Engineering and Technology Professor Dr Mohammad Ibrahim Keerio urged students to focus more on research-oriented education to meet major challenges being faced by agriculture sector of Sindh due to variou
Published 21 Apr, 2018 12:00am
OPPO launches F7

OPPO launches F7

OPPO, the selfie expert and leader, Friday launched the F7. Taking smartphone technology to new heights, the F7 utilizes improved AI technology for selfie photography in addition to many more AI-powered operational features.
Published 21 Apr, 2018 12:00am
Punjab CM vows to end power crisis soon

Punjab CM vows to end power crisis soon

Punjab Chief Minister Muhammad Shahbaz Sharif claimed that load-shedding will soon become a thing of past as the energy projects set up in Punjab with a cost of billions of rupees have been providing electricity to the whole of Pakistan through national g
Published 21 Apr, 2018 12:00am
Cotton growers advised to use only approved cotton seed varieties
Cotton

Cotton growers advised to use only approved cotton seed varieties

The Punjab Agriculture Department (PAD) has once again advised the cotton growers to use only approved cotton seed varieties for sowing which include MNH-886, VH-259, BH-178, CIM-602, FH Lalazaar, FH-142, IUB-13, MNH-988, VH-305, AGC-999 & AGC-777 for BT
Published 21 Apr, 2018 12:00am
Indian woman nationality: LHC asks ministry to decide visa applications

Indian woman nationality: LHC asks ministry to decide visa applications

The Lahore High Court on Friday directed the Ministry of Foreign Affairs to decide the applications for visa extension and nationality of an Indian woman Kiran Bala within three days who married to a Pakistani man. Kiran Bala, now holds Muslim name Amina,
Published 21 Apr, 2018 12:00am
UAF students visit ZTBL Farm

UAF students visit ZTBL Farm

A group of 37 students of BSc (Hons), Institute of Agriculture & Resource Economics Batch No 2014 from University of Agriculture, Faisalabad (UAF) with Assistant Professors Dr Muhammad Amjad Iqbal and Dr Azhar Abbas visited Zarai Taraqiati Bank Ltd (ZTBL)
Published 21 Apr, 2018 12:00am
Brazilian University, UAF sign MoU
Exchange

Brazilian University, UAF sign MoU

The Federal University of Lavras, Brazil and University of Agriculture Faisalabad on Friday inked a Memorandum of Understanding to develop cooperation in education, scientific research and other fields of common interest.
Published 21 Apr, 2018 12:00am
'Pakistan Paper & Stationery Show' opens
Exchange

'Pakistan Paper & Stationery Show' opens

"Pakistan needs to market itself as a land of trade and investment opportunities to get due share in the global exports of over US 15900 billion dollars and nothing can be good more than trade fairs & exhibitions." Lahore Chamber of Commerce and Industry
Published 21 Apr, 2018 12:00am
Shahbaz offers Waseem to rebuild Karachi together

Shahbaz offers Waseem to rebuild Karachi together

Pakistan Muslim League-Nawaz (PML-N) president Shahbaz Sharif in a meeting with the Mayor of Karachi, here Friday has assured all out assistance and cooperation for addressing the issues of the inhabitants of Karachi. Shahbaz said, "Waseem Bhai, let's joi
Published 21 Apr, 2018 12:00am
Wasim says he is 'devoid' of mayoral powers'

Wasim says he is 'devoid' of mayoral powers'

Mayor of Karachi Wasim Akhtar has said that he does not have any real mayoral powers. He expressed these views while talking to media during his visit to the Allama Iqbal's Tomb and a hospital here on Friday. He further said that the power should be devol
Published 21 Apr, 2018 12:00am
Hamza for forging unity to tackle challenges

Hamza for forging unity to tackle challenges

Pakistan Muslim League-Nawaz (PML-N) leader Hamza Shahbaz has called for forging unity setting aside petty gains to steer the country out of host of problems. While addressing the PML-N activists at Model Town, Hamza stressed the need of cooperation and c
Published 21 Apr, 2018 12:00am
DI&I FBR Peshawar launches drive against drug smugglers

DI&I FBR Peshawar launches drive against drug smugglers

Directorate Intelligence and Investigation FBR, Peshawar has launched a fresh enforcement drive against smuggling of narcotics and seized huge quantity of narcotics/vehicle having value of Rs 3 million. Sources told Business Recorder here on Friday
Published 21 Apr, 2018 12:00am
Soneri Bank announces 1Q 2018 results

Soneri Bank announces 1Q 2018 results

Soneri Bank Limited posted a profit before tax of Rs 1,015.803 million and profit after tax of Rs 660.012 million for the first quarter ended 31 March 2018. These amounts are higher than the corresponding period last year by 10.86 percent and 10.81 percen
Published 21 Apr, 2018 12:00am
Soneri Bank announces 1Q 2018 results

Soneri Bank announces 1Q 2018 results

Soneri Bank Limited posted a profit before tax of Rs 1,015.803 million and profit after tax of Rs 660.012 million for the first quarter ended 31 March 2018. These amounts are higher than the corresponding period last year by 10.86 percent and 10.81 percen
Published 21 Apr, 2018 12:00am
Use of plastic products a threat to marine life: experts

Use of plastic products a threat to marine life: experts

Experts on Friday warned that the use of plastic products is rapidly scaling up in Pakistan with a serious threat to freshwater and marine life. Speaking at an event, held jointly by the WWF-Pakistan and University of Karachi to mark the Earth Day at the
Published 21 Apr, 2018 12:00am
Sindh Assembly legislator's novel idea to slam water crisis
Exchange

Sindh Assembly legislator's novel idea to slam water crisis

A provincial lawmaker, who defected from MQM to PSP, refused to leave Sindh Assembly hall as a token of protest against acute shortage of potable water in Orangi Town - the city's western outskirt. Saifuddin Khalid first staged a sit-in, in front of the S
Published 21 Apr, 2018 12:00am
Bank Alfalah posts Rs 5.075 billion profit before tax

Bank Alfalah posts Rs 5.075 billion profit before tax

The Board of Directors of Bank Alfalah in their meeting held on Thursday, approved the bank's un-audited financial statements for the quarter ended March 31, 2018. The bank's profit before taxation for the quarter ended March 31, 2018 was recorded at Rs 5
Published 21 Apr, 2018 12:00am
Bank Alfalah posts Rs 5.075 billion profit before tax

Bank Alfalah posts Rs 5.075 billion profit before tax

The Board of Directors of Bank Alfalah in their meeting held on Thursday, approved the bank's un-audited financial statements for the quarter ended March 31, 2018. The bank's profit before taxation for the quarter ended March 31, 2018 was recorded at Rs 5
Published 21 Apr, 2018 12:00am
Deadline for implementation of CRM guidelines extended

Deadline for implementation of CRM guidelines extended

The State Bank of Pakistan (SBP) has announced to extend the timeline for implementation of Compliance Risk Management (CRM) guidelines. According to SBP BPRD Circular Letter No. 04 of 2018, based on the feedback received from Financial Institutions (FI),
Published 21 Apr, 2018 12:00am
Benazir Housing Scheme: SHC approves bail plea of three accused

Benazir Housing Scheme: SHC approves bail plea of three accused

Sindh High Court (SHC) on Friday approved the bail plea of three accused, charged with causing Rs 220 million losses to national exchequer in Benazir Housing Scheme. Three accused - Manzar Abbas, Abdul Mohiddin and Agha Ishrat filed the bail application b
Published 21 Apr, 2018 12:00am
Haris Mithani appointed FPCCI body chief

Haris Mithani appointed FPCCI body chief

Haris Ali Mithani is appointed as chairman of FPCCI (Central) Standing Committee on Infrastructure Planning & Development. This was announced by Senior Vice President of Federation of Pakistan Chambers of Commerce & Industry Mazhar A Nasir.
Published 21 Apr, 2018 12:00am
MQM-P Bahadurabad condemns removal of banners

MQM-P Bahadurabad condemns removal of banners

Muttahida Qaumi Movement Pakistan (MQM-P)- Bahadurabad Group- on Friday criticized the removing and tearing of their banners against power outages and acute water shortage in the city and demanded of the federal government to take strict legal action agai
Published 21 Apr, 2018 12:00am
SU Syndicate elections to be held on May 15

SU Syndicate elections to be held on May 15

The Registrar, University of Sindh, Jamshoro has notified for information of all concerned that the election for membership on the syndicate of the varsity under the constituency of the teachers of University of Sindh ie Professor, Associate Professor, As
Published 21 Apr, 2018 12:00am
Murad slams federal government for not resolving KE, SSGC dispute

Murad slams federal government for not resolving KE, SSGC dispute

Chief Minister Sindh Syed Murad Ali Shah on Friday blamed Federal government of showing indifference in resolving ongoing K-Electric (KE) and SSGC conflict, making lives of Karachiities miserable for last few weeks. Speaking at the inauguration ceremony o
Published 21 Apr, 2018 12:00am
Allocation of 24 bogus plots: PAC body grills CDA officials

Allocation of 24 bogus plots: PAC body grills CDA officials

A parliamentary panel on Friday grilled Capital Development Authority (CDA) officials over their failure to take serious action against the officials involved in allocation of 24 bogus plots, which caused Rs270 million financial loss to the civic body.
Published 21 Apr, 2018 12:00am
PM, May discuss bilateral ties, matters of mutual interest

PM, May discuss bilateral ties, matters of mutual interest

Prime Minister Shahid Khaqan Abbasi Friday met UK Prime Minister Theresa May on the sidelines of Commonwealth leaders retreat here at Windsor Castle. The two leaders discussed matters of bilateral interest. Prime Minister Abbasi congratulated Prime Minist
Published 21 Apr, 2018 12:00am
Rabbani urges PM not to change name of Benazir airport

Rabbani urges PM not to change name of Benazir airport

Former chairman Senate Raza Rabbani wrote a letter to Prime Minister Shahid Khaqan Abbasi on Friday, expressing anger over change in name of new Islamabad airport, saying it should have been named Benazir International Airport like the old airport which w
Published 21 Apr, 2018 12:00am
Shahbaz approves Ramazan package

Shahbaz approves Ramazan package

Punjab Chief Minister Muhammad Shahbaz Sharif has approved the Ramadan Package 2018 to provide relief to the people during the holy month of Ramadan. While presiding over a high level meeting, the CM said that a subsidy to the tune of Rs11 billion will be
Published 21 Apr, 2018 12:00am
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