News Archives for Print - 2018-06-29

Electioneering gears up in Sialkot

The election fever is on the rise as the rivals are flexing their political muscles diligently wooing voters to win their support in the elections in Sialkot district. The contesting candidates belonging to different political parties have started canvass

Published 29 Jun, 2018 12:00am

FCCI team arrives in Sydney

A 12-member FCCI (Faisalabad Chamber of Commerce & Industry) trade delegation headed by Shabbir Hussain Chawla has reached Sydney to explore business opportunities for Pakistani exporters in Australia. Addressing a meeting with businessmen from Australia

Published 29 Jun, 2018 12:00am

Maryam's election campaign begins

After submission of party affiliation certificates for NA-127 and PP-173, activists of the Pakistan Muslim League-Nawaz (PML-N) Thursday started the election campaign of Maryam Nawaz, daughter of Nawaz Sharif, who is currently in London due to illness of

Published 29 Jun, 2018 12:00am

MMA to inflict crushing defeat on agents of international establishment: JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the MMA was facing the agents of international establishment but it would inflict a crushing defeat on them in the election with the power of the people. According to media cell of JI

Published 29 Jun, 2018 12:00am

SECP, GCU sign MoU to raise awareness on investment

The Securities Exchange Commission of Pakistan (SECP) on Thursday signed a memorandum of understanding (MoU) with Government College University (GCU) Lahore for enhancing financial literacy and awareness about capital investment in the society especially

Published 29 Jun, 2018 12:00am

Commercial forestry project: SPFC signs agreement with 43 bidders

South Punjab Forest Company (SPFC) has signed agreement with 43 bidders under its commercial forestry project under Public Private Partnership (PPP) and is expected to handover the land to these projects during the next month so as they can take benefit o

Published 29 Jun, 2018 12:00am

Shumaila's investment in Sprinkles Café

In the traditional society of Balochistan, women seldom venture out unless accompanied by the men of the family. Women work in just a few professions, often choosing to teach, or work in the garment trade. Shumaila Afsheen had other ideas. She had trained

Published 29 Jun, 2018 12:00am

Irfan Wahab elected OICCI president

Irfan Wahab Khan, CEO & President, Telenor Pakistan has been elected as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) with effect from July 1, 2018. His appointment came following a successful tenure of Bruno Olierhoek,

Published 29 Jun, 2018 12:00am

UBL launches new digital banking app

United Bank Limited (UBL) has launched its new Digital Banking App where customers experience hassle-free banking on the go. The app combines cutting-edge technology with traditional world class banking solutions creating a seamless digital banking experi

Published 29 Jun, 2018 12:00am

Bank holiday

The State Bank of Pakistan will remain closed for public dealings on July 2, 2018 (Monday) which will be observed as Bank Holiday. All banks/DFIs/MFBs shall, therefore, remain closed for public dealings on the aforesaid date. However, all employees of the

Published 29 Jun, 2018 12:00am

Rain with thunderstorm forecast for Karachi

A light rain with thunderstorm is expected to continue in the city during the next two days, the Met Office said on Thursday. Temperature is likely to drop to 30 degrees Celsius on Friday and Saturday but humidity may remain high by 80 percent with mostly

Published 29 Jun, 2018 12:00am

LHC declares SRO 611(I)/2016 ultra vires, unlawful

Lahore High Court Thursday declared that notification SRO No 611(I)/2016, dated June 09, 2016, of the Federal Board of Revenue (FBR) is ultra vires and unlawful and Directorate General of Intelligence and Investigation Inland Revenue (IR) has no jurisdict

Published 29 Jun, 2018 12:00am

Currency

PPP manifesto unveiled: Bilawal pledges to rebuild 'staggering' economy

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto-Zardari on Thursday unveiled the party's manifesto and pledged strong reforms in agriculture, trade, industry, natural resource management, energy, taxation and infrastructure sectors for rebuilding the

Published 29 Jun, 2018 12:00am

PTI-led ex-KP government utilised LG's funds worth Rs 837 million: CGPA

Pakistan Tehreek Insaf Chairman Imran Khan wrote a letter to the then Chief Minister Parvez Khattak to stop the release of discretionary funds for himself and other Ministers and bureaucrats in year 2014, said Centre for Governance and Public Accountabili

Published 29 Jun, 2018 12:00am

Karandaaz Pakistan grants Rs 64 million to 15 women entrepreneurs

The UK-funded Karandaaz Pakistan, an NGO, has granted over Rs 64 million to 15 women entrepreneurs to expand their businesses. Karandaaz Pakistan has signed the financing agreements with 15 successful female entrepreneurs who took part in the Women Entrep

Published 29 Jun, 2018 12:00am

E-commerce readiness: Pakistan ranks 120th in ADB appraisal

The unavailability of e-payment options implies a large proportion of e-commerce transactions remain cash on delivery (COD) - over 95 percent in Pakistan, says a report launched jointly by the Asian Development Bank (ADB) and the United Nations Economic a

Published 29 Jun, 2018 12:00am

Sugar, wheat flour prices rise in Mohmand district

The price of wheat flour has gone up by Rs 60 per/20 kg bag and sugar by Rs 120 per 50 kg bag in the local markets of Mohmand tribal district. The increase in the prices has been witnessed after the government of Punjab increased the release price of whea

Published 29 Jun, 2018 12:00am

PPP, JUI-N enter into electoral alliance in Swabi

Leaders of Pakistan People's Party (PPP) and Jamait Ulema-e-Islam-Nazriati (JUI-N) have entered an electoral alliance at district Swabi level and vowed to contest July 25 general election from a joint platform.

Published 29 Jun, 2018 12:00am

Eighteen hosts its international launch in London

After establishing its strong presence within the real estate industry of Pakistan, and extending its foothold in Dubai, Eighteen has now announced its arrival in northwest Europe with a grand launch event in London, at The Dorchester.

Published 29 Jun, 2018 12:00am

Senators perturbed over participation of banned outfits in polls

Senators have expressed serious concerns over certain banned terrorist outfits taking part in July 25 general election either by changing names of their proscribed organizations or their members are contesting as independent candidates.

Published 29 Jun, 2018 12:00am

Oil & gas exploration, production companies: body formed to implement government's hiring policy

Senate Standing Committee on Petroleum has constituted a subcommittee to implement the government's hiring policy for oil and gas exploration and production companies. The members of the subcommittee will visit eight oil and gas exploration blocks and ana

Published 29 Jun, 2018 12:00am

JICA lauds services of Dr Zubair

On behalf of Japan International Cooperation Agency (JICA) Pakistan office and JICA project implementation team, Chief Representative JICA has offered deepest condolences over the sudden and sad demise of Dr Muhammad Zubair, Director of JICA grant aid pro

Published 29 Jun, 2018 12:00am

Partly Facetious: Dr Rashid has already won?

"He he he."

Published 29 Jun, 2018 12:00am

July-October 2018: KP caretaker government approves Rs 198.9 billion budget

A special meeting of the Khyber Pakhtunkhwa caretaker cabinet with Chief Minister, Dost Muhammad Khan in the chair on Thursday approved Rs 198.90 billion budget for July-October 2018, carrying Rs 53.10 billion for development programme. Secretary Finance,

Published 29 Jun, 2018 12:00am

KATI team apprises minister about issues

A delegation of Korangi Association of Trade and Industry (KATI) led by its President Tariq Malik met Sindh Minister for Environment Jameel Yusuf and discussed various issues including highly polluting batching plants which is not only a health hazard for

Published 29 Jun, 2018 12:00am

MQM announces candidates for Hyderabad

Muttahida Quami Movement Pakistan has announced the names of its candidates who will contest elections on two out of three national and six provincial assembly seats of Hyderabad district.

Published 29 Jun, 2018 12:00am

Farooq says not willing to contest election

Muttahida Qaumi Movement (MQM) Pakistan leader Dr Farooq Sattar remains unwilling to contest Elections 2018 and also shared his mood with the party's coordination committee head Khalid Maqbool Siddiqui. "I have told Dr Khalid Maqbool Siddiqui and Coordina

Published 29 Jun, 2018 12:00am

MA exams: admit cards: KU notification

KU Controller Examinations has notified that the admit cards to the candidates of External M A Previous and Final Annual Examinations 2017 had already been sent to their residential addresses by post. In case, they failed to receive it till 6th July 2018,

Published 29 Jun, 2018 12:00am

Caretaker minister visits Sindh IT department

Caretaker Minister for Information Technology, Science & Technology, law and Environment Jameel Yusuf Thursday visited the Sindh Information Technology Department. Secretary Information Technology Agha Zaheeruddin, Director General Muhammad Yousuf and oth

Published 29 Jun, 2018 12:00am

Treatment plants' installation: SWC grants three months time to 26 industries

Sindh Water Commission (SWC) on Thursday granted three months time to twenty six industries of Karachi for installation of treatment plants and two months for installation of septic tanks by directing to seal these industries if the orders are not complie

Published 29 Jun, 2018 12:00am

CS directed to submit details of Sindh Coal Authority's projects, funds

A two-member bench of Supreme Court (SC) on Thursday sought the details of Sindh Coal Authority's projects and the funds released against them and directed Sindh Chief Secretary to submit the detailed reply in the court in two weeks.

Published 29 Jun, 2018 12:00am

E&T department told to mail property tax challans through reputed courier service

Provincial Caretaker Minister for Excise and Taxation and Narcotics Control (ET&NC) Mushtaq Ahmed Shah has advised the department to send property tax challans through a reputed courier service or UMS to the houses in order to improve property tax collect

Published 29 Jun, 2018 12:00am

Pipeline bursts: Karachiites to face water shortage

Due to a sudden power outage at the Dhabeji pumping station in Thatta, a water supply line burst and work is currently under way to repair it. Dhabeji is one of the main sources of water supply to Karachi. Water supply to Karachi through that line has bee

Published 29 Jun, 2018 12:00am

SC's full court meeting urged: KBA dismayed at resignation of Larkana judge

Karachi Bar Association (KBA) on Thursday called upon Chief Justice of Pakistan (CJP) to urgently convene a full court meeting of the apex court to discuss concrete steps that all judges are enabled to decide cases independently and restore public confide

Published 29 Jun, 2018 12:00am

Rainy weather forecast

The Metrological Office has predicted continuity of rainy weather for next three days. It may be noted that the city has already witnessed rainy spells over the last two days.

Published 29 Jun, 2018 12:00am

UAF offers MSc (Hons), MPhil and MS programmes

The University of Agriculture Faisalabad has conducted MSc (Hons), MPhil and MS programmes for academic year 2018-19. The last date to apply (1st entrance test) online registration is July 3 and the test will be carried on July 9 whereas, the second entry

Published 29 Jun, 2018 12:00am

MMA allocates tickets to JUP candidates in Punjab

As only one day is left for the allocation of party symbols to the candidates, the conglomeration of six religious parties Muttahida Majlis-e-Amal has given party tickets to 13 candidates of its component party Jamiat-e-Ulema-e-Pakistan for contesting Nat

Published 29 Jun, 2018 12:00am

Cotton

Minister for increasing production of hybrid seeds of maize

Punjab Caretaker Minister for Agriculture, Food, Planning & Development Sardar Tanvir Ilyas Khan stressed the need to take solid measures for ensuring increased production of hybrid seeds of maize in the province and provision of good quality seeds to far

Published 29 Jun, 2018 12:00am

'Role of livestock, dairy sector pivotal to meet food needs'

Punjab Caretaker Livestock and Dairy Development Minister Mian Nauman Kabeer has said that role of livestock and dairy sector is very pivotal to meet the food needs of 220 million people of Pakistan.

Published 29 Jun, 2018 12:00am

Misappropriation of taxes & funds: KP NAB approves reference against senior auditor, others

The Regional Board Meeting (RBM) of National Accountability Bureau Khyber Pakhtunkhwa has approved reference against Yahya Khan, Senior Auditor, Regional Tax Office Peshawar and others regarding misappropriation of taxes and other funds. Besides, the boar

Published 29 Jun, 2018 12:00am

Tiles being smuggled from Iran hurting local industry: report

Increasing influx of smuggled and under-invoiced tiles from Iran are not only hurting the local industry but also inflicting a loss of billions of rupees every year to the government in form of duty evasion. As per estimates, around 1.2 to 1.3 million squ

Published 29 Jun, 2018 12:00am

USAID-sponsored school opens in Larkana

United States Agency for International Development (USAID) Deputy Mission Director for Sindh and Balochistan John Smith-Sreen and Interim Sindh Education Minister, Dr Saadia Rizvi inaugurated a recently completed school constructed with the support of USA

Published 29 Jun, 2018 12:00am

Poetry book launched

Rakhshanda Naveed's first Punjabi poetry book "Haali aata vismya naheenn" published by literary forum Roshnyck and printed by Mavra books comprises ghazals, nazms and geet and comments by prominent Punjabi language writers Mushtaq Sufi and Zahid Hassan wa

Published 29 Jun, 2018 12:00am

PHMA for clearing refunds before June 30

With a view to avoid the lapse of funds under the Export Package the Pakistan Hosiery Manufacturers and Exporters Association has asked the caretaker government to clear all the sales tax refunds of exporters approved by the last government for the curren

Published 29 Jun, 2018 12:00am

Pakistani delegation to participate in Saarc SDF conclave in India

A Pakistani delegation headed by SAARC Chamber of Commerce and Industry senior vice president Iftikhar Ali Malik will leave for India on June 30 to participate in three days SAARC Development Fund (SDF) Partnership Conclave 2018.

Published 29 Jun, 2018 12:00am

Zainab murder case: disposal of petition seeking public hanging of convict sought

Justice Muhammad Anwarul Haq of the Lahore High Court on Thursday referred a petition to Chief Justice for disposal of a petition by a larger bench seeking public hanging of convict Imran Ali in Zainab murder case. The judge observed that a division bench

Published 29 Jun, 2018 12:00am

Reconciliation process initiated with disgruntled workers: Qureshi

Pakistan Tehreek-e-Insaf (PTI) Vice chairman Shah Mahmood Qureshi has said that a reconciliation process has been initiated with disgruntled party workers and he has also appealed them to get united under the leadership of Imran Khan to strengthen his pos

Published 29 Jun, 2018 12:00am

Media urged to apprise voters about electoral procedure

Participants of a training workshop have said that media should not only play the role of critical watchdogs during upcoming general election 2018 but also inform citizens about conduct of election, political parties and their manifestoes.

Published 29 Jun, 2018 12:00am

SC orders removal of Azeem's name from ECL

Former Special Assistant to Prime Minister on Aviation, Shujaat Azeem is now free to take a flight abroad as Supreme Court Thursday ordered to immediately remove his name from Exit Control List (ECL). The decision from the apex court came during the heari

Published 29 Jun, 2018 12:00am

PTI issues tickets to Wattoo's son, daughter

Pakistan Tehreek-e-Insaf (PTI) Thursday issued party tickets to the son and daughter of Manzoor Wattoo, former president of Pakistan Peoples Party's Punjab chapter, for provincial assembly seats.

Published 29 Jun, 2018 12:00am

Nawaz warns of terrible consequences of rigging

Former prime minister and Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif on Thursday said that a new history of rigging is being written in the country but whatever is going to happen on July 25 is writing on the wall. "If this isn't stopped, t

Published 29 Jun, 2018 12:00am

Justice Yahya takes oath as SC judge

After a long time, the Supreme Court attained its sanctioned strength of judges on Thursday, when Justice Yahya Afridi, chief justice of Peshawar High Court, took oath as judge of the apex court. Justice Yahya Afridi was administered the oath of office by

Published 29 Jun, 2018 12:00am

CJP says unable to put his own house in order

While hearing a petition seeking judicial reforms, Chief Justice Mian Saqib Nisar Thursday admitted that as head of the country's top court, he has been unable to put his own house in order. "I openly admit that I have been unable to put the house in orde

Published 29 Jun, 2018 12:00am

ECP asks candidates to submit party affiliation certificates

The Election Commission of Pakistan (ECP) Thursday reminded candidates to submit party affiliation certificates by today (Friday). According to the election schedule announced by the ECP, the last date to submit party certificates for the general election

Published 29 Jun, 2018 12:00am

CJP bars schools from charging summer vacations' fee

In a bid to tighten the noose around private schools which are not ready to reduce the exorbitant fees, Chief Justice Mian Saqib Nisar on Thursday hinted at nationalization of all private schools across the country.

Published 29 Jun, 2018 12:00am

SC accepts apology

The Supreme Court Thursday accepted an unconditional apology tendered by a private media conglomerate Chief Executive Mir Shakilur Rehman and withdrew contempt of court notice against him. A three-member bench, headed by Chief Justice Mian Saqib Nisar, ha

Published 29 Jun, 2018 12:00am

Prosecution has failed to establish ownership of Avenfield properties, argues counsel

The counsel for Maryam Safdar and Captain Muhammad Safdar (retd), Amjad Pervez said on Thursday that the prosecution has completely failed to establish the ownership of the Avenfield properties, known sources of Nawaz Sharif's income, his expenditures, an

Published 29 Jun, 2018 12:00am

Imran urges workers not to underestimate opponents

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has said that his party will fight the general election till the last ball. While addressing the party workers in NA-131 constituency here on Thursday, he advised the PTI workers not to underestimate thei

Published 29 Jun, 2018 12:00am

100 EU observers to monitor July 25 polls

A 100-member European Union Election Observation Mission is all set to monitor July 25 general election with a hope this will strengthen the country's democratic process. Addressing a press conference here on Thursday, Chief Observer Michael Gahler, a mem

Published 29 Jun, 2018 12:00am

Girls outclass boys in SSC exams

Girls outshined boys in Secondary School Certificate (SSC) annual examination 2018 of the Board of Intermediate and Secondary Education Peshawar. According to results announced by the Board of Intermediate and Secondary Education Peshawar, Controller of E

Published 29 Jun, 2018 12:00am

MMA sets up election cell

An election cell of the MMA has been set up at Mansoora, under the supervision of the MMA Secretary General, Liaqat Baloch. Jamaat-e-Islami deputy chief Dr Farid Ahmed Piracha would be the head the election cell. The members include Azhar Iqbal Hasan, Naz

Published 29 Jun, 2018 12:00am

Upcoming July 25 elections

That Pakistan army shall never be complacent insofar as the scheduled July 25 elections are concerned is a fact. Chief of the Army Staff General Qamar Javed Bajwa has vowed support and cooperation of the armed forces to Election Commission of Pakistan wit

Published 29 Jun, 2018 12:00am

Saudi-Russian axis rules oil markets as Trump fights Iran

Iran may be Russia's ally in the Syrian conflict but when it comes to oil, Tehran's arch-enemy Saudi Arabia takes precedence - if last week's Opec meeting in Vienna is anything to go by. Iran had been pushing hard for oil producers to hold output steady a

Published 29 Jun, 2018 12:00am

Currency

The CPEC story

With the Pacific Ocean dominated by the US and Japan while the Indian Ocean by the US (conceivably along with its new ally India), China has to turn to its centuries old land routes. As far back as the 13th century, Genghis Khan was exhorting his generals

Updated 30 Jun, 2018 08:27am

Terrorism and drug trade

June 26, 2018 marks the International Day against drug abuse and illicit trafficking. The worldwide observance was decided by the United Nations General Assembly in 1987 to raise the level of awareness in the international community about the dangers of d

Published 29 Jun, 2018 12:00am

NAB's new-found zeal

The National Accountability Bureau (NAB) seems in recent days to have had a fire lit under it by its Chairman former Justice Javed Iqbal. Not only are accountability inquiries and cases being pursued with fresh zeal and vigour, this spurt of energy by the

Published 29 Jun, 2018 12:00am

Pakistan remains under observation

Caretaker Finance Minister Dr Shamshad Akhtar was successful in presenting Pakistan's case to the Financial Action Task Force (FATF) and the country was kept on grey list instead of being downgraded to the black list as had been feared since the last FATF

Published 29 Jun, 2018 12:00am

Envoy says Pakistan cooperating with US

Nikki Haley, the US envoy to the United Nations, said Thursday her country is urging Pakistan more strongly not to give safe haven to terrorists. She said Pakistan has been cooperating with the United States, but Washington cannot accept any government pr

Published 29 Jun, 2018 12:00am

Envoy says Pakistan cooperating with US

Nikki Haley, the US envoy to the United Nations, said Thursday her country is urging Pakistan more strongly not to give safe haven to terrorists. She said Pakistan has been cooperating with the United States, but Washington cannot accept any government pr

Published 29 Jun, 2018 12:00am

Amnesty scheme: Declarants facing delays in getting CPRs from SBP

Massive numbers of foreign assets declarants under tax amnesty scheme are facing delays (2 to 4 days) in getting Computerized Payment Receipts (CPRs) from the State Bank of Pakistan (SBP). According to sources, presently, around 700 CPRs are pending in th

Published 29 Jun, 2018 12:00am

Amnesty scheme: Declarants facing delays in getting CPRs from SBP

Massive numbers of foreign assets declarants under tax amnesty scheme are facing delays (2 to 4 days) in getting Computerized Payment Receipts (CPRs) from the State Bank of Pakistan (SBP). According to sources, presently, around 700 CPRs are pending in th

Published 29 Jun, 2018 12:00am

The Weather

The weather report on Thursday (June 28, 2018) and the forecast for Friday (June 29, 2018).

Published 29 Jun, 2018 12:00am

Amnesty scheme: Declarants facing delays in getting CPRs from SBP

Massive numbers of foreign assets declarants under tax amnesty scheme are facing delays (2 to 4 days) in getting Computerized Payment Receipts (CPRs) from the State Bank of Pakistan (SBP). According to sources, presently, around 700 CPRs are pending in th

Published 29 Jun, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Five dead as plane plunges into Mumbai building site

A small plane crashed into a construction site in a densely populated part of India's financial capital Mumbai on Thursday, killing five people including one on the ground, officials said. Images broadcast on Indian news channels showed flames and black s

Published 29 Jun, 2018 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Five dead as plane plunges into Mumbai building site

A small plane crashed into a construction site in a densely populated part of India's financial capital Mumbai on Thursday, killing five people including one on the ground, officials said. Images broadcast on Indian news channels showed flames and black s

Published 29 Jun, 2018 12:00am

LME official prices

The following were Wednesday official prices.

Published 29 Jun, 2018 12:00am

Pakistan, OECD to strengthen ties in various areas

Pakistan and Organization for Economic Cooperation and Development (OECD) would further strengthen their cooperation in various areas including tax related matters and sharing of experiences in social and economic development. The OECD will extend technic

Published 29 Jun, 2018 12:00am

LME official prices

The following were Wednesday official prices.

Published 29 Jun, 2018 12:00am

Pakistan, OECD to strengthen ties in various areas

Pakistan and Organization for Economic Cooperation and Development (OECD) would further strengthen their cooperation in various areas including tax related matters and sharing of experiences in social and economic development. The OECD will extend technic

Published 29 Jun, 2018 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Pakistan, OECD to strengthen ties in various areas

Pakistan and Organization for Economic Cooperation and Development (OECD) would further strengthen their cooperation in various areas including tax related matters and sharing of experiences in social and economic development. The OECD will extend technic

Published 29 Jun, 2018 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 28, 2018)

Published 29 Jun, 2018 12:00am

Medical supplies: SC to take up petition against Kayani today

Chief Justice Mian Saqib Nisar will take up a petition filed by a pensioned military officer today (Friday) against the apex court's registrar order for returning a constitutional petition against former Army Chief Ashfaq Parvez Kayani in medical scam. Ka

Published 29 Jun, 2018 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Medical supplies: SC to take up petition against Kayani today

Chief Justice Mian Saqib Nisar will take up a petition filed by a pensioned military officer today (Friday) against the apex court's registrar order for returning a constitutional petition against former Army Chief Ashfaq Parvez Kayani in medical scam. Ka

Published 29 Jun, 2018 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Health and Wellness Centre inaugurated at LUMS

Professor Dr S Sohail H Naqvi on behalf of LUMS signed an MoU with National Hospital and Medical Centre (NHMC) to develop and operate a "Health and Wellness Centre" on the University's premises for the provision of Emergency Medical Services to all member

Published 29 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

LHC allows Fawad to contest elections from NA 67

The Lahore High Court on Thursday allowed Information Secretary Pakistan Tehreek-i-Insaf Fawad Chaudhry to contest the election from NA-67, Jhelum. The tribunal comprising Justice Ibadur Rehman Lodhi had disqualified Fawad Chaudhry invoking the Article 62

Published 29 Jun, 2018 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Pakistan may remain on grey list: FO

The Foreign Office on Thursday confirmed that Financial Action Task Force (FATF) would most probably keep Pakistan on its grey list today (Friday) and ruled out any possibility of placing the country on the black list. In his weekly media briefing, Spokes

Published 29 Jun, 2018 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Pakistan may remain on grey list: FO

The Foreign Office on Thursday confirmed that Financial Action Task Force (FATF) would most probably keep Pakistan on its grey list today (Friday) and ruled out any possibility of placing the country on the black list. In his weekly media briefing, Spokes

Published 29 Jun, 2018 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Thursday (June 28, 2018).

Published 29 Jun, 2018 12:00am

Pakistan may remain on grey list: FO

The Foreign Office on Thursday confirmed that Financial Action Task Force (FATF) would most probably keep Pakistan on its grey list today (Friday) and ruled out any possibility of placing the country on the black list. In his weekly media briefing, Spokes

Published 29 Jun, 2018 12:00am

Currency

THE RUPEE: more gains

The rupee extended its overnight gains against the dollar on the money market on Thursday in the process of trading, marketmen said. The rupee moved cautiously, showing no change in relation to the dollar for buying and selling at Rs 121.54 and Rs 121.56

Published 29 Jun, 2018 12:00am

Currency

Moody''''s lists factors elevating external vulnerability risk

Fragile external payment position and low reserve adequacy elevated the external vulnerability risk for Pakistan, says Moody''''s Investors Services. Moody''''s in its latest report titled "US dollar appreciation raises credit risk for sovereigns with lar

Published 29 Jun, 2018 12:00am

Currency

THE RUPEE: more gains

The rupee extended its overnight gains against the dollar on the money market on Thursday in the process of trading, marketmen said. The rupee moved cautiously, showing no change in relation to the dollar for buying and selling at Rs 121.54 and Rs 121.56

Published 29 Jun, 2018 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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