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Print - 2018-06-25
Nato says ready to help Italy in Libya

Nato says ready to help Italy in Libya

Nato chief Jens Stoltenberg said Sunday the alliance was prepared to help out in troubled Libya as it grapples with a migrant crisis but warned there were no military solutions. Speaking to Italian daily La Repubblica, Stoltenberg said: "Nato is ready to
Published 25 Jun, 2018 12:00am
Three Turks kidnapped in Libya freed

Three Turks kidnapped in Libya freed

Three Turks kidnapped in Libya in November have been freed, the North African country's unity government said on Sunday, without mentioning the fate of a South African man abducted with them. The four men were working on the construction of a power plant
Published 25 Jun, 2018 12:00am
Electrical fault shuts Channel tunnel

Electrical fault shuts Channel tunnel

Train services between France and Britain were suspended for several hours on Sunday due to a major electrical problem in the tunnel linking the two countries, the train and tunnel operators said. Traffic was blocked for around three hours before lunchtim
Published 25 Jun, 2018 12:00am
More than 1,000 Macedonians protest country's name change

More than 1,000 Macedonians protest country's name change

More than 1,000 Macedonians protested on Saturday evening against the change of the name of the former Yugoslav Republic which was agreed with neighbouring Greece to end a decades-long dispute. Last week the foreign ministers of Greece and Macedonia signe
Published 25 Jun, 2018 12:00am
Israel fires at drone from Syria, forces retreat

Israel fires at drone from Syria, forces retreat

The Israeli air force on Sunday fired a missile at a drone approaching its northern border from Syria, causing it to turn back, the army said. "A Patriot aerial defence system missile was launched towards an unmanned aerial vehicle approaching the Israeli
Published 25 Jun, 2018 12:00am
Air strikes kill five as southern Syria assault looms

Air strikes kill five as southern Syria assault looms

Air strikes on rebel towns in southern Syria killed five civilians and damaged two hospitals on Sunday, a monitor said, in fresh signs of a looming government assault. Russian-backed regime forces have for weeks been preparing an offensive to retake Syria
Published 25 Jun, 2018 12:00am
Pro-Palestinian, Shoah survivor Langer dies

Pro-Palestinian, Shoah survivor Langer dies

Felicia Langer, an Israeli-German Holocaust survivor who won both plaudits and attacks for her activism and legal work in defence of Palestinians, has died aged 87 in Germany. She rose to prominence in the 1960s and 70s defending Palestinian detainees fro
Published 25 Jun, 2018 12:00am
France, Germany push for deal to end migration row

France, Germany push for deal to end migration row

The leaders of France and Germany said Sunday they were prepared to side-step anti-migrant EU members and do deals with individual countries on how to respond to a migrant influx that has caused deep splits in the bloc. The talks among 16 of the European
Published 25 Jun, 2018 12:00am
Pakistan well on its way towards revival: Siddiqui

Pakistan well on its way towards revival: Siddiqui

Ali Jahangir Siddiqui, Pakistan's new ambassador to the United States, has said Pakistan is well on its way to its revival and reemergence. Speaking at an event held to welcome the new envoy, Siddiqui said, "everyone needs to participate in Pakistan's rev
Published 25 Jun, 2018 12:00am
ANP sees nepotism in KP's bureaucratic reshuffle

ANP sees nepotism in KP's bureaucratic reshuffle

ANP's general secretary, Mian Iftikhar Hussain has expressed concern over nepotism and favoritism in the reshuffling of bureaucracy in Khyber Pakhtunkhwa and termed it failure of the interim government and Election Commission of Pakistan (ECP). In a state
Published 25 Jun, 2018 12:00am
Rashid begins election campaign on motor-bike

Rashid begins election campaign on motor-bike

Awami Muslim League (AML) chief Sheikh Rasheed has started his election campaign on motorcycle in Rawalpindi on early Sunday. Sheikh Rasheed visited his area, roads and streets on motorcycle and met people face to face. Talking to the media, the AML chief
Published 25 Jun, 2018 12:00am
Prices of essential commodities witness decline

Prices of essential commodities witness decline

Prices of essential kitchen items, including chicken, vegetables, pulses, fruits, flour and other commodities have been decreased in retail market, according to survey conducted by Business Recorder, here on Sunday.
Published 25 Jun, 2018 12:00am
Minister calls for protecting KP's archaeological, heritage sites

Minister calls for protecting KP's archaeological, heritage sites

Caretaker Minister for Sports, Tourism, Museums, Archaeology, Culture and Youth Affairs Muhammad Rashid Khan asked the department to continue efforts for the identification and excavation of archaeological and heritage sites in the province so they could
Published 25 Jun, 2018 12:00am
Railways earns record Rs 103 million from Eid special trains

Railways earns record Rs 103 million from Eid special trains

Pakistan Railways has set history by earning record Rs 103 million on the first and second day of Eid-ul-Fitr from Special Trains as compared to Rs 76 million earned during the corresponding period of the last year. "Pakistan Railways has made this record
Published 25 Jun, 2018 12:00am
Naan, roti prices up by Rs two in Rawalpindi

Naan, roti prices up by Rs two in Rawalpindi

Prices of 'naan and khameri roti' have been increased by Rs 2 a piece in most of localities of Rawalpindi as before Eid-ul-Fitr, a 'roti and naan' were available for Rs 8 and 10 per piece while 'pateeri' roti for Rs 7 each. A survey of different markets r
Published 25 Jun, 2018 12:00am
Demonstration held against Fata-KP merger in Landi Kotal

Demonstration held against Fata-KP merger in Landi Kotal

The tribal elders of Khyber and workers of Jamiat Ulema-e-Islam-Fazl (JUI-F) at Bacha Khan Chawk, Landi Kotal Bazaar on Sunday staged a protest rally against merging of Fata with Khyber Pakhtunkhwa. Scores of tribal elites, JUI-F workers and general masse
Published 25 Jun, 2018 12:00am
Another spell of rain with gusty winds likely from Tuesday

Another spell of rain with gusty winds likely from Tuesday

A new rain-spell with gusty winds of light to moderate is expected from Tuesday which will likely to continue till Wednesday in central and lower parts of Punjab, Khyber Pakhtunkhwa and north east Balochistan. Rainfall is likely at isolated places in Dera
Published 25 Jun, 2018 12:00am
SCCI hails SBP decision

SCCI hails SBP decision

Sialkot Chamber of Commerce and Industry's (SCCI) president Zahid Latif Malik thanked State Bank of Pakistan (SBP) Governor Tariq Bajwa for accepting the long standing demands of the export sector of Sialkot regarding making and dispatch of shipping docum
Published 25 Jun, 2018 12:00am
PTI leader joins JUI-F

PTI leader joins JUI-F

PTI received setback in district Swabi as its important local leader, senior member provincial council Mian Fahim Akbar advocate and brother of the district president, Noordad Khan Advocate announced joining JUI-F. On this occasion, ANP activists, Major J
Published 25 Jun, 2018 12:00am
Sherpao vows to strive for Pakhtuns' Rights

Sherpao vows to strive for Pakhtuns' Rights

Qaumi Watan Party (QWP) chairman Aftab Ahmad Khan Sherpao vowed to strive for the rights of Pakhtuns to ensure their progress and development. "PML-N government at the Centre and PTI-led coalition government in Khyber Pakhtunkhwa failed to resolve public
Published 25 Jun, 2018 12:00am
Indian forces following Modi's doctrine: AJK PM

Indian forces following Modi's doctrine: AJK PM

The Prime Minister of Azad Jammu and Kashmir Raja Farooq Haider Khan has said that Indian occupying forces were following Modi doctrine as they engaged in preplanned massacre of Kashmiri people to change the demography of Indian occupied Kashmir and that
Published 25 Jun, 2018 12:00am
Saarc chamber SVP hails Chinese offer of trilateral dialogue

Saarc chamber SVP hails Chinese offer of trilateral dialogue

SAARC Chamber of Commerce and Industry (SCCI) Senior Vice President, Iftikhar Ali Malik Sunday, hailing Chinese offer of trilateral dialogue to help de-escalate tensions between India and Pakistan, said that any positive role that the Chinese government p
Published 25 Jun, 2018 12:00am
Three abducted for ransom

Three abducted for ransom

Armed men abducted three persons for a ransom of two and a half million rupees here on Sunday. The kidnappers also took away cattle of the abductees. A local landlord of Moza Chakarwali of Rahim Yar Khan told police that a group of armed men who came thro
Published 25 Jun, 2018 12:00am
Three dead & as many hurt in jeep-van collision

Three dead & as many hurt in jeep-van collision

At least three people died and three others were injured in collision between two over speeding vehicles here on Sunday. Rescue sources said that due to over speeding a jeep and a van collided at Makran Coastal Highway in Hub. Three people died on the spo
Published 25 Jun, 2018 12:00am
Elder brother of Sindh governor dies

Elder brother of Sindh governor dies

Tariq Umar, the elder brother of Governor Sindh Mohammad Zubair, passed away after prolonged illness at a private hospital, here on Sunday. He was diagnosed with lung cancer in February this year and was hospitalized for the treatment for few months. He h
Published 25 Jun, 2018 12:00am
Nation pins high hopes on apex judiciary: Dr Fowzia

Nation pins high hopes on apex judiciary: Dr Fowzia

Aafia Movement leader and noted neuro-physician of the county, Dr Fowzia Siddiqui, here Sunday said that the whole nation including the Aafia family has pinned high hopes on the apex judiciary to dole out justice to the innocent daughter of the nation Dr
Published 25 Jun, 2018 12:00am
Nawaz says he will return after Kulsoom's recovery

Nawaz says he will return after Kulsoom's recovery

Former Prime Minister Nawaz Sharif has said that he would to return to Pakistan after the recovery of his wife Begum Kulsoom Nawaz, whose health condition was still critical and she was on a ventilator. Nawaz said he had planned to return to Pakistan soon
Published 25 Jun, 2018 12:00am
IGP takes notice of torture on police officer in Ghotki

IGP takes notice of torture on police officer in Ghotki

Inspector General of Police (IGP) Sindh Amjad Javed Saleemi has taken notice of media reports about torture on a police officer by some armed men in Ghotki district. The IGP has sought a detailed report from the Senior Superintendent of Police (SSP) Ghotk
Published 25 Jun, 2018 12:00am
Isle of dogs: fishermen feed islands full of strays

Isle of dogs: fishermen feed islands full of strays

More than a dozen decrepit dogs splash into the Arabian Sea as the small wooden boat approaches. They know the fishermen's mission: bringing food and water for the canine population of one of Karachi's "dog islands". The boat, powered by an old jeep engin
Published 25 Jun, 2018 12:00am
New faces pose challenge to Bilour in NA-31

New faces pose challenge to Bilour in NA-31

ANP veteran Haji Ghulam Ahmad Bilour is facing challenge from new faces on the National Assembly constituency NA-31 comprising of urban areas of city. Before new delimitation the constituency was known as NA-1 and Member of National Assembly from it was a
Published 25 Jun, 2018 12:00am
NA-8: dozens of political activists join PPP

NA-8: dozens of political activists join PPP

Dozens of political activists affiliated with PTI, JI and ANP quit their parties in Tehsil Dargai, District Malakand and announced joining PPP. These political activists joined PPP during different public meetings in Union Councils Hero Shah, Wartair and
Published 25 Jun, 2018 12:00am
ITU's live virtual walkthrough tour today

ITU's live virtual walkthrough tour today

The Information Technology University (ITU) Punjab will become the first Pakistani University by conducting live virtual walkthrough tour of the University by its founding Vice Chancellor Dr Umar Saif along with all Deans and Heads of the Departments on J
Published 25 Jun, 2018 12:00am
Minister apprised about PITB's projects

Minister apprised about PITB's projects

The Punjab's caretaker Minister for Information Ahmad Waqas Riaz called on Chairman Punjab Information Technology Board (PITB) Dr Umar Saif here on Sunday who was briefed regarding the digitalization of various functions of the Punjab Government and succe
Published 25 Jun, 2018 12:00am
625 minorities candidates file nomination papers: ECP

625 minorities candidates file nomination papers: ECP

A visible surge was witnessed in the number of minorities candidates from province of Punjab coupled with the federal capital that showed interest to come forward and contest in the upcoming general elections raising the number from 56 in last polls to 23
Published 25 Jun, 2018 12:00am
PML-N fields candidates against Nisar

PML-N fields candidates against Nisar

Pakistan Muslim League Nawaz (PML-N) on Sunday fielded candidates from four constituencies to contest elections against Chaudhry Nisar Ali Khan despite reconciliatory signals from the latter.
Published 25 Jun, 2018 12:00am
Motorcycles, 3-wheelers' sale up by 16.18 percent in 11 months

Motorcycles, 3-wheelers' sale up by 16.18 percent in 11 months

Sale of motor bikes and three wheelers in the country during first 11 months of current fiscal year (2017-18) increased by 16.18 percent as compared to the sale during July-May 2016-17. The motor bikes sale rose to 1,744,463 units during July-May 2017-18
Published 25 Jun, 2018 12:00am
PML-Q's concern over international forces' bid to sabotage elections

PML-Q's concern over international forces' bid to sabotage elections

Pakistan Muslim League-Q (PML-Q) President and former Prime Minister Ch Shujat Hussain has expressed grave concern over the statement of Secretary Election Commission he gave during briefing to the Senate Standing Committee on Interior that international
Published 25 Jun, 2018 12:00am
Muttahida Qabail Party demands polls in tribal areas

Muttahida Qabail Party demands polls in tribal areas

Leaders of Muttahida Qabail Party on Sunday demanded the Election Commission of Pakistan (ECP) and interim government to hold elections on provincial assembly seats in the tribal areas along with the general elections in other parts of the country.
Published 25 Jun, 2018 12:00am
Fencing along Pak-Afghan border to be completed: ISPR

Fencing along Pak-Afghan border to be completed: ISPR

Director General ISPR Major General Asif Ghafoor says Pakistan will complete fencing along the Pak-Afghan border undeterred. In a tweet message, he said Afghanistan's cooperation is required in mutual interest to safeguard the border.
Published 25 Jun, 2018 12:00am
Doctors don't give clear response on mother's health: Maryam

Doctors don't give clear response on mother's health: Maryam

Pakistan Muslim League-Nawaz (PML-N) leader Maryam Nawaz on Sunday said doctors have not yet given a clear response on her mother, Begum Kulsoom's health. "Doctors do not give clear answers when we ask them about my mother's health," Maryam said while res
Published 25 Jun, 2018 12:00am
The state of economy

The state of economy

It is a matter of deep concern for everyone that the country's external account continues to deteriorate as it has posted a record current account deficit of about $ 16 billion during the first 11 months of current fiscal year (FY18).
Published 25 Jun, 2018 12:00am
Now in the driver's seat, Saudi women eye more rights

Now in the driver's seat, Saudi women eye more rights

Hala al-Dosari, a Saudi women's rights activist, is celebrating. For the first time on Sunday, women could be seen behind the wheel in Saudi Arabia as a decades-long driving ban was lifted as part of a liberalization drive in the conservative kingdom.
Published 25 Jun, 2018 12:00am
Kashmir - a call to humanity

Kashmir - a call to humanity

Kashmir cries. The world turns a deaf ear. The institutions play dumb. The governments prefer a blind eye. That has been the state of affairs for 70 years. What is happening in occupied Jammu and Kashmir is the result of a lethal combination of cruel indi
Published 25 Jun, 2018 12:00am
Caretakers and the economy

Caretakers and the economy

Caretaker Finance Minister Shamshad Akhtar took oath on 5 June, and, reportedly, began work the same day. There is little doubt that, unlike Ishaq Dar and Miftah Ismail, she is a qualified economist, has spent the bulk of her working life with internation
Published 25 Jun, 2018 12:00am
US withdrawal from UNHRC

US withdrawal from UNHRC

In yet another unilateral approach to international issues, the Trump administration has walked out of the United Nations Human Rights Council calling it a "cesspool of political bias" and a hypocritical body that "makes mockery of human rights." The caus
Published 25 Jun, 2018 12:00am
Jump in C/A deficit
Currency

Jump in C/A deficit

Continuous increase in current account (C/A) deficit has become the biggest challenge to economic managers of the country. According to the latest data released by the State Bank, the country's C/A deficit has reached the historical level of dollar 15.96
Published 25 Jun, 2018 12:00am
PTI releases final list of candidates

PTI releases final list of candidates

Pakistan Tehreek-e-Insaf (PTI) on Sunday released final list of all national and provincial assemblies' candidates for general elections to be held on July 25. According to a statement issued by the PTI, the list has been released with Imran Khan's approv
Published 25 Jun, 2018 12:00am
PTI releases final list of candidates

PTI releases final list of candidates

Pakistan Tehreek-e-Insaf (PTI) on Sunday released final list of all national and provincial assemblies' candidates for general elections to be held on July 25. According to a statement issued by the PTI, the list has been released with Imran Khan's approv
Published 25 Jun, 2018 12:00am
Imran kicks off election drive, vows sweeping changes

Imran kicks off election drive, vows sweeping changes

Kicking-off election campaign from his home constituency NA-95 Mianwali, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday claimed that the country's future was about to change in four weeks. "I am launching the election campaign from Mianwali
Published 25 Jun, 2018 12:00am
Imran kicks off election drive, vows sweeping changes

Imran kicks off election drive, vows sweeping changes

Kicking-off election campaign from his home constituency NA-95 Mianwali, Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan on Sunday claimed that the country's future was about to change in four weeks. "I am launching the election campaign from Mianwali
Published 25 Jun, 2018 12:00am
Pakistan to launch remote sensing satellite in July

Pakistan to launch remote sensing satellite in July

Pakistan will be launching a PakTES-1A, a remote sensing satellite (RSS) in July this year, Foreign Office spokesperson Dr Muhammad Faisal said in a post on social media on Sunday. According to Dr Faisal, PakTES-1A, which is an indigenously developed sate
Published 25 Jun, 2018 12:00am
Pakistan to launch remote sensing satellite in July

Pakistan to launch remote sensing satellite in July

Pakistan will be launching a PakTES-1A, a remote sensing satellite (RSS) in July this year, Foreign Office spokesperson Dr Muhammad Faisal said in a post on social media on Sunday. According to Dr Faisal, PakTES-1A, which is an indigenously developed sate
Published 25 Jun, 2018 12:00am
Saudi women take victory lap as driving ban ends

Saudi women take victory lap as driving ban ends

Women in Saudi Arabia hit the roads on Sunday, ushering in the end of the world's last ban on female drivers, long seen as an emblem of women's repression in kingdom. "It's a beautiful day," businesswoman Samah al-Qusaibi said as she cruised around the ea
Published 25 Jun, 2018 12:00am
Saudi women take victory lap as driving ban ends

Saudi women take victory lap as driving ban ends

Women in Saudi Arabia hit the roads on Sunday, ushering in the end of the world's last ban on female drivers, long seen as an emblem of women's repression in kingdom. "It's a beautiful day," businesswoman Samah al-Qusaibi said as she cruised around the ea
Published 25 Jun, 2018 12:00am
Import policy order 2016 amended

Import policy order 2016 amended

The Ministry of Commerce (MoC) has amended Import Policy Order 2016 through an SRO 722 (I)/2018 and allowed import of arms and ammunition only to individual license holders or arms dealers to whom licenses have been granted by the relevant authorities inc
Published 25 Jun, 2018 12:00am
Import policy order 2016 amended

Import policy order 2016 amended

The Ministry of Commerce (MoC) has amended Import Policy Order 2016 through an SRO 722 (I)/2018 and allowed import of arms and ammunition only to individual license holders or arms dealers to whom licenses have been granted by the relevant authorities inc
Published 25 Jun, 2018 12:00am
Import policy order 2016 amended

Import policy order 2016 amended

The Ministry of Commerce (MoC) has amended Import Policy Order 2016 through an SRO 722 (I)/2018 and allowed import of arms and ammunition only to individual license holders or arms dealers to whom licenses have been granted by the relevant authorities inc
Published 25 Jun, 2018 12:00am
BR staffer Jalil Hassan laid to rest

BR staffer Jalil Hassan laid to rest

Senior staffer of Business Recorder Jalil Hassan Akhtar Raja was laid to rest here on Sunday afternoon. His funeral ceremony was attended by a large number of journalists and people from different walks of life. His qul ceremony will be held on Mon
Published 25 Jun, 2018 12:00am
BR staffer Jalil Hassan laid to rest

BR staffer Jalil Hassan laid to rest

Senior staffer of Business Recorder Jalil Hassan Akhtar Raja was laid to rest here on Sunday afternoon. His funeral ceremony was attended by a large number of journalists and people from different walks of life. His qul ceremony will be held on Mon
Published 25 Jun, 2018 12:00am
Erdogan declares victory in presidential election

Erdogan declares victory in presidential election

Turkish President Recep Tayyip Erdogan on Sunday declared victory in a tightly-contested presidential election, extending his 15-year grip on power in the face of a revitalised opposition. Turkish voters had for the first time cast ballots for both presid
Published 25 Jun, 2018 12:00am
Erdogan declares victory in presidential election

Erdogan declares victory in presidential election

Turkish President Recep Tayyip Erdogan on Sunday declared victory in a tightly-contested presidential election, extending his 15-year grip on power in the face of a revitalised opposition. Turkish voters had for the first time cast ballots for both presid
Published 25 Jun, 2018 12:00am
Arrests announced as death toll rises in Ethiopia attack

Arrests announced as death toll rises in Ethiopia attack

The death toll from a grenade attack on a pro-government rally in Ethiopia's capital climbed to two on Sunday, a cabinet minister said, as police announced arrests over the blast. "I'm so sorry to learn that we have lost another Ethiopian victim of yester
Published 25 Jun, 2018 12:00am
Mozambique's gas-fuelled future threatened by jihadists

Mozambique's gas-fuelled future threatened by jihadists

An unprecedented wave of jihadist attacks in northern Mozambique has raised fears the country will fail to fully cash in on a gas bonanza. After 180 trillion cubic feet (5.1 trillion cubic metres) of natural gas were discovered off the northeastern shore,
Published 25 Jun, 2018 12:00am
'1,000 migrants in boats off Libya' as Italy tells rescue ships to stop

'1,000 migrants in boats off Libya' as Italy tells rescue ships to stop

Italy's far-right Interior Minister Matteo Salvini on Sunday told foreign charities to stop rescuing migrants off Libya even as one group said 1,000 people were on boats in distress in the Mediterranean. With Italy - long the frontline in Europe's migrati
Published 25 Jun, 2018 12:00am
Grey list: Shamshad to fight case in FATF meeting

Grey list: Shamshad to fight case in FATF meeting

Caretaker Finance Minister Dr Shamshad Akhtar along with other officials of the ministry will fight Pakistan's case in the Financial Action Task Force (FATF) meeting being held in Paris from June 24-29. The finance minister and her team are expected to re
Published 25 Jun, 2018 12:00am
Grey list: Shamshad to fight case in FATF meeting

Grey list: Shamshad to fight case in FATF meeting

Caretaker Finance Minister Dr Shamshad Akhtar along with other officials of the ministry will fight Pakistan's case in the Financial Action Task Force (FATF) meeting being held in Paris from June 24-29. The finance minister and her team are expected to re
Published 25 Jun, 2018 12:00am
Amnesty scheme: not more than $1 billion in sight

Amnesty scheme: not more than $1 billion in sight

Federal Board of Revenue (FBR) is likely to bring back not more than $700 million against the declaration of foreign assets under tax amnesty scheme till June 30, it was learnt here. According to sources, the FBR has received $46 million tax against the d
Published 25 Jun, 2018 12:00am
Amnesty scheme: not more than $1 billion in sight

Amnesty scheme: not more than $1 billion in sight

Federal Board of Revenue (FBR) is likely to bring back not more than $700 million against the declaration of foreign assets under tax amnesty scheme till June 30, it was learnt here. According to sources, the FBR has received $46 million tax against the d
Published 25 Jun, 2018 12:00am
Amnesty scheme: not more than $1 billion in sight

Amnesty scheme: not more than $1 billion in sight

Federal Board of Revenue (FBR) is likely to bring back not more than $700 million against the declaration of foreign assets under tax amnesty scheme till June 30, it was learnt here. According to sources, the FBR has received $46 million tax against the d
Published 25 Jun, 2018 12:00am
Futures spread up by 13bps

Futures spread up by 13bps

The futures spread increased by 13bps to 7.70 percent on the last day of the outgoing week. Trading activities on the futures counter slightly improved as average daily volumes increased by 16.7 percent to 38.99 million shares.
Published 25 Jun, 2018 12:00am
Futures spread up by 13bps

Futures spread up by 13bps

The futures spread increased by 13bps to 7.70 percent on the last day of the outgoing week. Trading activities on the futures counter slightly improved as average daily volumes increased by 16.7 percent to 38.99 million shares.
Published 25 Jun, 2018 12:00am
Equities stay in red zone

Equities stay in red zone

Pakistan Stock Exchange remained under pressure during the outgoing week ended on June 22, 2018 due to selling in almost all sectors. BRIndex100 lost 230.66 points on week-on-week basis to close at 4,454.43 points. Average daily trading volumes stood at 1
Published 25 Jun, 2018 12:00am
Equities stay in red zone

Equities stay in red zone

Pakistan Stock Exchange remained under pressure during the outgoing week ended on June 22, 2018 due to selling in almost all sectors. BRIndex100 lost 230.66 points on week-on-week basis to close at 4,454.43 points. Average daily trading volumes stood at 1
Published 25 Jun, 2018 12:00am
Equities stay in red zone

Equities stay in red zone

Pakistan Stock Exchange remained under pressure during the outgoing week ended on June 22, 2018 due to selling in almost all sectors. BRIndex100 lost 230.66 points on week-on-week basis to close at 4,454.43 points. Average daily trading volumes stood at 1
Published 25 Jun, 2018 12:00am
As trade war looms, China cuts some banks'' reserve requirements

As trade war looms, China cuts some banks'' reserve requirements

China''s central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.
Published 25 Jun, 2018 12:00am
As trade war looms, China cuts some banks' reserve requirements

As trade war looms, China cuts some banks' reserve requirements

China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.
Published 25 Jun, 2018 12:00am
As trade war looms, China cuts some banks' reserve requirements

As trade war looms, China cuts some banks' reserve requirements

China's central bank said on Sunday it would cut the amount of cash that some banks must hold as reserves by 50 basis points (bps), releasing $108 billion in liquidity, to accelerate the pace of debt-for-equity swaps and spur lending to smaller firms.
Published 25 Jun, 2018 12:00am
Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Oil Companies Advisory Council (OCAC) has approached Federal Board of Revenue (FBR) seeking clarification on Finance Act 2018 whether advance tax imposed under section 236HA of the Income Tax Ordinance, 2001 is also required to be collected from distribut
Published 25 Jun, 2018 12:00am
Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Oil Companies Advisory Council (OCAC) has approached Federal Board of Revenue (FBR) seeking clarification on Finance Act 2018 whether advance tax imposed under section 236HA of the Income Tax Ordinance, 2001 is also required to be collected from distribut
Published 25 Jun, 2018 12:00am
Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Imposition of advance tax: OCAC seeks clarification on Finance Act 2018

Oil Companies Advisory Council (OCAC) has approached Federal Board of Revenue (FBR) seeking clarification on Finance Act 2018 whether advance tax imposed under section 236HA of the Income Tax Ordinance, 2001 is also required to be collected from distribut
Published 25 Jun, 2018 12:00am
Missing persons: SC orders establishment of special cell

Missing persons: SC orders establishment of special cell

The Supreme Court ordered on Sunday the establishment of a special cell to investigate the cases of missing persons. Chief Justice Mian Saqib Nisar had earlier taken suo motu notice of the missing persons and ordered the authorities concerned to locate th
Published 25 Jun, 2018 12:00am
Missing persons: SC orders establishment of special cell

Missing persons: SC orders establishment of special cell

The Supreme Court ordered on Sunday the establishment of a special cell to investigate the cases of missing persons. Chief Justice Mian Saqib Nisar had earlier taken suo motu notice of the missing persons and ordered the authorities concerned to locate th
Published 25 Jun, 2018 12:00am
Mixed patterns
Currency

Mixed patterns

The rupee adopted divergent trend versus the dollar on the money market during the shortened week, ended on June 23, 2018.
Published 25 Jun, 2018 12:00am
Mixed patterns
Currency

Mixed patterns

The rupee adopted divergent trend versus the dollar on the money market during the shortened week, ended on June 23, 2018.
Published 25 Jun, 2018 12:00am
Gas price may be increased from July 1

Gas price may be increased from July 1

Federal government may increase the price of gas upon the recommendations of Oil and Gas Regulatory Authority (Ogra) from July 1, 2018. Both utility companies - Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) had filed their
Published 25 Jun, 2018 12:00am
Gas price may be increased from July 1

Gas price may be increased from July 1

Federal government may increase the price of gas upon the recommendations of Oil and Gas Regulatory Authority (Ogra) from July 1, 2018. Both utility companies - Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) had filed their
Published 25 Jun, 2018 12:00am
Gas price may be increased from July 1

Gas price may be increased from July 1

Federal government may increase the price of gas upon the recommendations of Oil and Gas Regulatory Authority (Ogra) from July 1, 2018. Both utility companies - Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company (SSGC) had filed their
Published 25 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Sunday (June 24, 2018) and the forecast for Monday (June 25, 2018).

Published 25 Jun, 2018 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (June 19 to 22, 2018).

Published 25 Jun, 2018 12:00am
Zimbabwe pledges vote will go ahead despite rally attack

Zimbabwe pledges vote will go ahead despite rally attack

Zimbabwe ruled out Sunday delaying July elections after a bomb blast at a ruling party rally in which President Emmerson Mnangagwa narrowly escaped unharmed. Vice President Constantino Chiwenga - who was among those injured in Saturday's attack - said the
Published 25 Jun, 2018 12:00am
Prince William in Jordan for historic Middle East tour

Prince William in Jordan for historic Middle East tour

Prince William flew in to Jordan on Sunday at the launch of a Middle East tour that will see him become the first British royal to pay official visits to both Israel and the Palestinian territories. He was greeted at Amman's Marka military airport by Crow
Published 25 Jun, 2018 12:00am
Nicaragua clashes leave eight dead including baby

Nicaragua clashes leave eight dead including baby

At least eight people including a baby were killed Saturday when pro-government forces clashed with opponents in Nicaragua, according to a rights group. Seven people were killed in the capital Managua and one in Masaya and a baby was among the dead, said
Published 25 Jun, 2018 12:00am
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