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Print - 2018-06-08
CJP holds rulers responsible for water crisis

CJP holds rulers responsible for water crisis

As the country is facing a severe water scarcity, Chief Justice Mian Saqib Nisar on Thursday blamed the rulers for the water crisis, saying that they only ask for votes and do not provide basic necessities to the public. While hearing a suo motu notice on
Published 08 Jun, 2018 12:00am
Yusuf gets additional charge of IT & Telecom ministry

Yusuf gets additional charge of IT & Telecom ministry

Caretaker Federal Minister for Education and Professional Training Muhammad Yusuf Shaikh has been given additional charge of Ministry of Information Technology and Telecommunication. Caretaker Prime Minister of Pakistan former Justice Nasir-ul-Mulk induct
Published 08 Jun, 2018 12:00am
BRIndex100 reverses gains

BRIndex100 reverses gains

Pakistan Stock Exchange witnessed a declining trend as investors opted to book profit on available margins Thursday. BRIndex100 lost 24.11 points or 0.51 percent to close at 4,720.39 points. BRIndex-100 touched intraday high of 4,773.03 and intraday low o
Published 08 Jun, 2018 12:00am
0.5 million added to gas consumers' category every year, PM told

0.5 million added to gas consumers' category every year, PM told

The Ministry of Petroleum Thursday informed Prime Minister Nasir-ul-Mulk that every year 0.5 million consumers are being added to the existing 8.8 million gas consumers' category in the country. A meeting held to review the performance of Ministry of Petr
Published 08 Jun, 2018 12:00am
BRIndex100 reverses gains

BRIndex100 reverses gains

Pakistan Stock Exchange witnessed a declining trend as investors opted to book profit on available margins Thursday. BRIndex100 lost 24.11 points or 0.51 percent to close at 4,720.39 points. BRIndex-100 touched intraday high of 4,773.03 and intraday low o
Published 08 Jun, 2018 12:00am
Secret book project: India, Pakistan ex-spies spark furore

Secret book project: India, Pakistan ex-spies spark furore

It began with hushed conversations in hotels dotted around Asia, and resulted in a nearly unthinkable book: "Spy Chronicles", a secret collaboration by former intelligence chiefs of India and Pakistan that has caused uproar in Islamabad.
Published 08 Jun, 2018 12:00am
BRIndex100 reverses gains

BRIndex100 reverses gains

Pakistan Stock Exchange witnessed a declining trend as investors opted to book profit on available margins Thursday. BRIndex100 lost 24.11 points or 0.51 percent to close at 4,720.39 points. BRIndex-100 touched intraday high of 4,773.03 and intraday low o
Published 08 Jun, 2018 12:00am
Trump trade war threat sets up G7 summit clash

Trump trade war threat sets up G7 summit clash

Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron put Donald Trump on notice Thursday that they would not be intimidated at the upcoming G7 summit, as a trade war between Washington and its allies looms. Past summits of the Group
Published 08 Jun, 2018 12:00am
Directions to AC: IHC issues notices to NAB on Nawaz's petition

Directions to AC: IHC issues notices to NAB on Nawaz's petition

A division bench of Islamabad High Court (IHC) Thursday issued notices to the National Accountability Bureau (NAB) on former Prime Minister Nawaz Sharif's petition seeking directions to the Accountability Court to announce verdict simultaneously in three
Published 08 Jun, 2018 12:00am
Trump trade war threat sets up G7 summit clash

Trump trade war threat sets up G7 summit clash

Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron put Donald Trump on notice Thursday that they would not be intimidated at the upcoming G7 summit, as a trade war between Washington and its allies looms. Past summits of the Group
Published 08 Jun, 2018 12:00am
Suo motu powers: LHCBA asks SC full bench to devise rules

Suo motu powers: LHCBA asks SC full bench to devise rules

Lahore High Court Bar Association (LHCBA), here on Thursday demanded a Supreme Court full bench to devise rules on suo motu powers. Chief Justice of Pakistan, Justice Mian Saqib Nisar had taken suo motu notice on the verdict of Lahore High Court acquittin
Published 08 Jun, 2018 12:00am
Trump trade war threat sets up G7 summit clash

Trump trade war threat sets up G7 summit clash

Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron put Donald Trump on notice Thursday that they would not be intimidated at the upcoming G7 summit, as a trade war between Washington and its allies looms. Past summits of the Group
Published 08 Jun, 2018 12:00am
HRCP voices concern over forced disappearances

HRCP voices concern over forced disappearances

The Human Rights Commission (HRCP) has expressed its "grave concern" over the increasing frequency and "sheer impunity" with which anyone critical of the state is being targeted, reportedly by security agencies.
Published 08 Jun, 2018 12:00am
Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Pakistan and Russia have finalized a memorandum of understanding (MoU) on conducting feasibility study for implementation of $10 billion undersea gas pipeline project, Foreign Office said on Thursday. Responding to media queries during weekly briefing, Sp
Published 08 Jun, 2018 12:00am
Pakistan not represented at Trump's first Iftar dinner

Pakistan not represented at Trump's first Iftar dinner

Pakistan Ambassador to Untied States Ali Jahnagir Siddiqui, who is yet to present his credentials to President Donald Trump, was not invited to an Iftar dinner hosted by the US President on Wednesday. Pakistan, being the second largest Muslim country foll
Published 08 Jun, 2018 12:00am
Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Pakistan and Russia have finalized a memorandum of understanding (MoU) on conducting feasibility study for implementation of $10 billion undersea gas pipeline project, Foreign Office said on Thursday. Responding to media queries during weekly briefing, Sp
Published 08 Jun, 2018 12:00am
The interim setup

The interim setup

The caretakers know well that they have huge tasks before them to accomplish before they leave their offices in less than two months. But the question is whether or not they can deliver. Unfortunately, however, the prospects of their success are not quite
Published 08 Jun, 2018 12:00am
Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Undersea gas line: Islamabad, Moscow finalize MoU on feasibility study

Pakistan and Russia have finalized a memorandum of understanding (MoU) on conducting feasibility study for implementation of $10 billion undersea gas pipeline project, Foreign Office said on Thursday. Responding to media queries during weekly briefing, Sp
Published 08 Jun, 2018 12:00am
With friends like these Trump's points of friction with G7

With friends like these Trump's points of friction with G7

When Donald Trump sits down with his fellow G7 leaders in Canada on Friday, he should in theory be in the company of the United States' closest allies. But since taking office a little over 500 days ago, he has had a series of spats with his peers. AFP lo
Published 08 Jun, 2018 12:00am
PML-N rejects appointment of Askari

PML-N rejects appointment of Askari

Pakistan Muslim League-Nawaz (PML-N) has rejected the Election Commission of Pakistan's (ECP's) decision to name Prof Dr Hassan Askari as caretaker Punjab chief minister, arguing that his appointment would cast doubts over transparency of general election
Published 08 Jun, 2018 12:00am
'Gangsters' checkmated

'Gangsters' checkmated

Consensus on matters ensuring security and welfare of the common man is rarely achieved by our parliament. Such unanimity is only displayed when their own self-interest is at stake, like approving increments in their salaries, added perks and privileges,
Published 08 Jun, 2018 12:00am
PML-N rejects appointment of Askari

PML-N rejects appointment of Askari

Pakistan Muslim League-Nawaz (PML-N) has rejected the Election Commission of Pakistan's (ECP's) decision to name Prof Dr Hassan Askari as caretaker Punjab chief minister, arguing that his appointment would cast doubts over transparency of general election
Published 08 Jun, 2018 12:00am
Self-serving laws - I

Self-serving laws - I

Uninterrupted decade of democracy [2008 to 2018], unprecedented in our political history entailing smooth transfer of power to elected representatives, according to the Constitution, is an occasion for national jubilation and celebration. The elections fo
Published 08 Jun, 2018 12:00am
Caretaker CMs: Askari appointed in Punjab, Marri in Balochistan

Caretaker CMs: Askari appointed in Punjab, Marri in Balochistan

The Election Commission of Pakistan on Thursday has unanimously decided to appoint Rizvi as caretaker chief minister. The PML-N leaders objected to it, saying Askari is not an impartial person. But the ECP rejected all objections of Pakistan Muslim League
Published 08 Jun, 2018 12:00am
World Bank's 'advice'

World Bank's 'advice'

The World Bank has advised Pakistan to forego its demand of referring the Kishanganga Dam dispute to the International Court of Arbitration and accept India's offer of appointing a neutral expert. The issue has been hanging fire off and on since 1993, whe
Published 08 Jun, 2018 12:00am
Caretaker CMs: Askari appointed in Punjab, Marri in Balochistan

Caretaker CMs: Askari appointed in Punjab, Marri in Balochistan

The Election Commission of Pakistan on Thursday has unanimously decided to appoint Rizvi as caretaker chief minister. The PML-N leaders objected to it, saying Askari is not an impartial person. But the ECP rejected all objections of Pakistan Muslim League
Published 08 Jun, 2018 12:00am
POL products' prices

POL products' prices

Oil and Gas Regulatory Authority's (Ogra's) recommendation to the Abbasi-led administration to raise prices of petroleum and products in line with the rise in their international price on the last day of the month, which coincided with the last day of its
Published 08 Jun, 2018 12:00am
Pompeo speaks to Bajwa

Pompeo speaks to Bajwa

US Secretary of Sates Mike Pompeo on Thursday spoke with Chief of Army Staff Qamar Bajwa and discussed ways to advance Pakistan-US relations and the Afghan reconciliation efforts, the State Department said. In a press release, State Department spokesperso
Published 08 Jun, 2018 12:00am
IS attacks kill 17 pro-regime fighters in south Syria: monitor

IS attacks kill 17 pro-regime fighters in south Syria: monitor

Islamic State group jihadists on Thursday killed at least 17 pro-regime fighters including six soldiers in surprise attacks in southern Syria, a monitor said. Nine jihadists also lost their lives in the assaults in the desert of the southern province of S
Published 08 Jun, 2018 12:00am
Pompeo speaks to Bajwa

Pompeo speaks to Bajwa

US Secretary of Sates Mike Pompeo on Thursday spoke with Chief of Army Staff Qamar Bajwa and discussed ways to advance Pakistan-US relations and the Afghan reconciliation efforts, the State Department said. In a press release, State Department spokesperso
Published 08 Jun, 2018 12:00am
Modi to meet Xi for second talks in weeks

Modi to meet Xi for second talks in weeks

Indian Prime Minister Narendra Modi will meet Chinese President Xi Jinping on Saturday just weeks after the pair agreed to open a new chapter in their relationship following a tense border standoff. The leaders of the world's two most populous nations wil
Published 08 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (June 07, 2018) and the forecast for Friday (June 08, 2018).

Published 08 Jun, 2018 12:00am
Country Director World Bank calls on Dr Shamshad

Country Director World Bank calls on Dr Shamshad

Patchamuthu Illangovan, Country Director World Bank called on the Minister for Finance, Revenue, Economic Affairs, Statistics and Planning Development and Reforms Dr Shamshad Akhtar on Thursday. Illangovan felicitated the Finance Minister on assuming her
Published 08 Jun, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
Country Director World Bank calls on Dr Shamshad

Country Director World Bank calls on Dr Shamshad

Patchamuthu Illangovan, Country Director World Bank called on the Minister for Finance, Revenue, Economic Affairs, Statistics and Planning Development and Reforms Dr Shamshad Akhtar on Thursday. Illangovan felicitated the Finance Minister on assuming her
Published 08 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Jun, 2018 12:00am
Country Director World Bank calls on Dr Shamshad

Country Director World Bank calls on Dr Shamshad

Patchamuthu Illangovan, Country Director World Bank called on the Minister for Finance, Revenue, Economic Affairs, Statistics and Planning Development and Reforms Dr Shamshad Akhtar on Thursday. Illangovan felicitated the Finance Minister on assuming her
Published 08 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 08 Jun, 2018 12:00am
Pemra law amended

Pemra law amended

The caretaker government on the orders of the Supreme Court made an amendment in the PEMRA Ordinance on Thursday after which the apex court wrapped up the media commission case after 100 hearings spanning over six years. On Wednesday, during the hearing o
Published 08 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
Pemra law amended

Pemra law amended

The caretaker government on the orders of the Supreme Court made an amendment in the PEMRA Ordinance on Thursday after which the apex court wrapped up the media commission case after 100 hearings spanning over six years. On Wednesday, during the hearing o
Published 08 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 07, 2018)

Published 08 Jun, 2018 12:00am
Senate panel seeks details of $16 billion LNG deal with Qatar

Senate panel seeks details of $16 billion LNG deal with Qatar

The Senate Standing Committee on Petroleum has sought the details from Ministry of Energy (Petroleum Division) of $16 billion long-term LNG contract with Qatar, signed on February 10, 2016. Mohsin Aziz chaired the committee meeting on Thursday. The commit
Published 08 Jun, 2018 12:00am
Senate panel seeks details of $16 billion LNG deal with Qatar

Senate panel seeks details of $16 billion LNG deal with Qatar

The Senate Standing Committee on Petroleum has sought the details from Ministry of Energy (Petroleum Division) of $16 billion long-term LNG contract with Qatar, signed on February 10, 2016. Mohsin Aziz chaired the committee meeting on Thursday. The commit
Published 08 Jun, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
Senate panel seeks details of $16 billion LNG deal with Qatar

Senate panel seeks details of $16 billion LNG deal with Qatar

The Senate Standing Committee on Petroleum has sought the details from Ministry of Energy (Petroleum Division) of $16 billion long-term LNG contract with Qatar, signed on February 10, 2016. Mohsin Aziz chaired the committee meeting on Thursday. The commit
Published 08 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
NATO chief hails German defence spending boost

NATO chief hails German defence spending boost

NATO chief Jens Stoltenberg on Thursday hailed German plans to increase defence spending by 80 percent by 2024 as "a step in the right direction" amid US demands for Europe to pay its way. US President Donald Trump has repeatedly lashed European allies fo
Published 08 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
Palijo dies

Palijo dies

Founder of Qaumi Awami Tehreek, renowned intellectual, reputed lawyer and veteran politician Rasool Bux Palijo passed away on Thursday. He was 88. Rasool Bux Palejo was born on 21st of February 1930 in Jungshahi, Thatta. He remained active against the one
Published 08 Jun, 2018 12:00am
Palijo dies

Palijo dies

Founder of Qaumi Awami Tehreek, renowned intellectual, reputed lawyer and veteran politician Rasool Bux Palijo passed away on Thursday. He was 88. Rasool Bux Palejo was born on 21st of February 1930 in Jungshahi, Thatta. He remained active against the one
Published 08 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
Afghan government announces ceasefire with Taliban for Eid

Afghan government announces ceasefire with Taliban for Eid

Afghanistan announced Thursday an apparently unilateral ceasefire with the Taliban for Eid, the holiday that caps off Ramadan, though operations against other groups including Islamic State will continue. The week-long ceasefire, which was backed by the U
Published 08 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee showed stable trend against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
Published 08 Jun, 2018 12:00am
Afghan government announces ceasefire with Taliban for Eid

Afghan government announces ceasefire with Taliban for Eid

Afghanistan announced Thursday an apparently unilateral ceasefire with the Taliban for Eid, the holiday that caps off Ramadan, though operations against other groups including Islamic State will continue. The week-long ceasefire, which was backed by the U
Published 08 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 07, 2018).

Published 08 Jun, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee showed stable trend against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee was unchanged in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
Published 08 Jun, 2018 12:00am
Caretaker government decides not to increase POL products'' prices

Caretaker government decides not to increase POL products'' prices

The caretaker government on Thursday decided that it would not increase petrol prices in Pakistan. The caretaker government rejected the summary from Oil and Gas Regulatory Authority (Ogra). The government further decided to keep petrol prices maintained
Published 08 Jun, 2018 12:00am
Caretaker government decides not to increase POL products' prices

Caretaker government decides not to increase POL products' prices

The caretaker government on Thursday decided that it would not increase petrol prices in Pakistan. The caretaker government rejected the summary from Oil and Gas Regulatory Authority (Ogra). The government further decided to keep petrol prices maintained
Published 08 Jun, 2018 12:00am
Caretaker government decides not to increase POL products' prices

Caretaker government decides not to increase POL products' prices

The caretaker government on Thursday decided that it would not increase petrol prices in Pakistan. The caretaker government rejected the summary from Oil and Gas Regulatory Authority (Ogra). The government further decided to keep petrol prices maintained
Published 08 Jun, 2018 12:00am
NAB DPG claims Nawaz 'real owner' of Avenfield apartments

NAB DPG claims Nawaz 'real owner' of Avenfield apartments

Deputy Prosecutor General National Accountability Bureau (NAB), Sardar Muzaffar Abbasi on Thursday told the Accountability Court that former Prime Minister Nawaz Sharif is the real owner of the Avenfield apartments. "Accused Sharif and his other family me
Published 08 Jun, 2018 12:00am
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