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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-07-21
Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

Input tax adjustment: FBR to release Rs 1.8 billion, PRA assured

The Federal Board of Revenue (FBR) has assured Punjab Revenue Authority (PRA) that it will release Rs 1.8 billion on account of input tax adjustment to the province, saying it will also issue time schedules for provinces to resolve reconciliation issues o
Published 21 Jul, 2018 12:00am
Points raised by Nawaz, others need consideration: IHC

Points raised by Nawaz, others need consideration: IHC

The Islamabad High Court in its written order issued on Friday noted that the points raised by former Prime Minister Nawaz Sharif, his daughter Maryam Safdar and son-in-law Captain Muhammad Safdar (retd) need consideration. A division bench of IHC compris
Published 21 Jul, 2018 12:00am
Points raised by Nawaz, others need consideration: IHC

Points raised by Nawaz, others need consideration: IHC

The Islamabad High Court in its written order issued on Friday noted that the points raised by former Prime Minister Nawaz Sharif, his daughter Maryam Safdar and son-in-law Captain Muhammad Safdar (retd) need consideration. A division bench of IHC compris
Published 21 Jul, 2018 12:00am
BRIndex100 pares gains

BRIndex100 pares gains

Despite foreign buying, Pakistan Stock Exchange Friday closed on a negative note due to profit-taking, mainly by local investors. BRIndex100 lost 70.74 points or 1.57 percent to close at 4,441.34 points. BRIndex100 touched intraday high of 4,512.04 and in
Published 21 Jul, 2018 12:00am
BRIndex100 pares gains

BRIndex100 pares gains

Despite foreign buying, Pakistan Stock Exchange Friday closed on a negative note due to profit-taking, mainly by local investors. BRIndex100 lost 70.74 points or 1.57 percent to close at 4,441.34 points. BRIndex100 touched intraday high of 4,512.04 and in
Published 21 Jul, 2018 12:00am
BRIndex100 pares gains

BRIndex100 pares gains

Despite foreign buying, Pakistan Stock Exchange Friday closed on a negative note due to profit-taking, mainly by local investors. BRIndex100 lost 70.74 points or 1.57 percent to close at 4,441.34 points. BRIndex100 touched intraday high of 4,512.04 and in
Published 21 Jul, 2018 12:00am
Currency crisis tops agenda for whoever wins election
Currency

Currency crisis tops agenda for whoever wins election

Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being another bailout from the International Monetary Fund (IMF). Pak
Published 21 Jul, 2018 12:00am
Currency crisis tops agenda for whoever wins election
Currency

Currency crisis tops agenda for whoever wins election

Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being another bailout from the International Monetary Fund (IMF). Pak
Published 21 Jul, 2018 12:00am
Currency crisis tops agenda for whoever wins election
Currency

Currency crisis tops agenda for whoever wins election

Whoever wins next week''s election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being another bailout from the International Monetary Fund (IMF). Pa
Published 21 Jul, 2018 12:00am
PML-N seeks to exert pressure on ECP, army?

PML-N seeks to exert pressure on ECP, army?

The beleaguered Pakistan Muslim League-Nawaz lawmakers have warned in the Senate on Friday that their party will strongly react and expose those bent upon 'engineering' the crucial elections, if intimidation of the PML-N's electoral contestants as well as
Published 21 Jul, 2018 12:00am
PML-N seeks to exert pressure on ECP, army?

PML-N seeks to exert pressure on ECP, army?

The beleaguered Pakistan Muslim League-Nawaz lawmakers have warned in the Senate on Friday that their party will strongly react and expose those bent upon 'engineering' the crucial elections, if intimidation of the PML-N's electoral contestants as well as
Published 21 Jul, 2018 12:00am
Trump accuses China, EU of currency manipulation
Currency

Trump accuses China, EU of currency manipulation

President Donald Trump on Friday launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies, and he threatened to hit all imports from China with high tariffs. The comments also signalled an undiminish
Published 21 Jul, 2018 12:00am
Trump accuses China, EU of currency manipulation
Currency

Trump accuses China, EU of currency manipulation

President Donald Trump on Friday launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies, and he threatened to hit all imports from China with high tariffs. The comments also signalled an undiminish
Published 21 Jul, 2018 12:00am
Trump accuses China, EU of currency manipulation
Currency

Trump accuses China, EU of currency manipulation

President Donald Trump on Friday launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies, and he threatened to hit all imports from China with high tariffs. The comments also signalled an undiminish
Published 21 Jul, 2018 12:00am
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
Diamer-Bhasha, Mohmand dams: Financial models considered

Diamer-Bhasha, Mohmand dams: Financial models considered

The Implementation Committee of Diamer-Bhasha and Mohmand Dams (ICDBMD) headed by Chairman Water and Power Development Authority (Wapda) Lieutenant General Muzammal Hussain (retired) on Friday considered different financial models to finance both key proj
Published 21 Jul, 2018 12:00am
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:45pm
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:46pm
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
Upward revision of tariffs: Three Discos approach Nepra

Upward revision of tariffs: Three Discos approach Nepra

Three power Distribution Companies (Discos) have approached National Electric Power Regulatory Authority (Nepra), the power regulator, for upward revision of their tariffs for 2016-17 and 2017-18. Nepra had determined Multi- Year Tariff (MYT) of Islamabad
Updated 21 Jul, 2018 10:46pm
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Jul, 2018 12:00am
SBP places curbs on imports under open accounts

SBP places curbs on imports under open accounts

The State Bank of Pakistan (SBP) Friday restricted remittance payment on behalf of importers against imports made on open account basis. According to the SBP, now this facility will only be available to manufacturing and industrial users for import of spa
Published 21 Jul, 2018 12:00am
Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium

Presentation at P.S.X. Auditorium (only for TRE certificate holders and their authorised employees).

Published 21 Jul, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 21 Jul, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (July 20, 2018).

Published 21 Jul, 2018 12:00am
The Weather

The Weather

The weather report on Friday (July 20, 2018) and the forecast for Saturday (July 21, 2018).

Published 21 Jul, 2018 12:00am
Stagnation in FDI

Stagnation in FDI

Foreign Direct Investment (FDI) has almost stagnated at a lower level during the past few years. According to the latest data available, FDI has remained flat at dollar 2.76 billion during 2017-18, showing a meagre increase of only 0.8 percent over the pr
Published 21 Jul, 2018 12:00am
In its true colours

In its true colours

Israel's parliament has formally legalized its policy of segregation and discrimination against its Arab citizens. On Thursday, the Knesset passed Basic Law 14th - since Israel does not have a proper constitution, basic laws serve as its de facto constitu
Published 21 Jul, 2018 12:00am
The caretaker Governments
Currency

The caretaker Governments

The general perception was that the caretaker setup, which is entrusted with the governance of the state for an interim period will do much good for the state in its pretty short tenure. This optimism emanates from expectations that the caretakers are the
Published 21 Jul, 2018 12:00am
Right to vote
Currency

Right to vote

I have constantly maintained that financial independence is the foundation of freedom. While the irrelevant, in an attempt to become relevant, will continue to twist facts in their effort to project that the power or right to act, speak or think as one wa
Published 21 Jul, 2018 12:00am
Rival warplane projects underline Europe's divisions

Rival warplane projects underline Europe's divisions

Britain's showy launch of a new fighter jet project at this week's Farnborough Airshow has laid bare political tensions that are threatening to tear Europe apart and deepened scepticism about the future of European defence cooperation.
Published 21 Jul, 2018 12:00am
Misguiding people on debt?

Misguiding people on debt?

Dr Ashfaque Hassan Khan was among those independent economists who had been denigrated by the 'economic wizards' of the PML-N governments for their criticism of government's policies. They always speak clearly and directly about the economic mess; they're
Published 21 Jul, 2018 12:00am
80,000 prisoners to be deprived of their right to vote

80,000 prisoners to be deprived of their right to vote

Amid upcoming general elections 80,000 prisoners in jail cells across the country, despite having the "right and facility" to vote, will not be helping elect lawmakers for the next five years. According to the jail manual, every inmate has the right to ta
Published 21 Jul, 2018 12:00am
Two die as roof collapses

Two die as roof collapses

As many as two people died after the roof of a house collapsed in Peshawar's Dir Colony Kohat Road on Friday. The three were trapped in the rubble and were evacuated by the officials of Rescue 1122. They were provided first medical aid and later shifted t
Published 21 Jul, 2018 12:00am
PPP's Pervez Ashraf faces PML-N's Raja Javaid in NA-58 Pindi

PPP's Pervez Ashraf faces PML-N's Raja Javaid in NA-58 Pindi

A tough contest is expected between former Prime Minister and Pakistan People's Party (PPP) candidate Raja Pervez Ashraf and former MNA Raja Javaid Ikhlas of Pakistan Muslim League-Nawaz (PML-N) in NA-58 Rawalpindi-II, Gujar Khan.
Published 21 Jul, 2018 12:00am
MMA urges ECP to take notice of removal of banners

MMA urges ECP to take notice of removal of banners

Muttahida Majlis-e-Amal has urged the Election Commission of Pakistan (ECP) to take notice of removal of banners and posters of Mian Muhammad Aslam who is the MMA candidate for National Assembly constituencies NA-53 and NA-54, Islamabad. Talking to journa
Published 21 Jul, 2018 12:00am
Shahbaz vows to develop KP like Punjab

Shahbaz vows to develop KP like Punjab

PML-N president Shahbaz Sharif on Friday said that after coming into power he would develop Khyber Pakhtunkhwa like Punjab in terms of development and prosperity. While addressing at a public meeting in Mingora, district Swat, he slammed the five-year per
Published 21 Jul, 2018 12:00am
UN chief condoles death of Jamsheed Marker

UN chief condoles death of Jamsheed Marker

United Nations Secretary-General António Guterres has expressed great sadness at the sad demise of seasoned diplomat Ambassador Jamsheed Marker who died on June 21, 2018, Foreign Office said on Friday. Foreign Office Spokesperson Dr Mohammad Faisal, throu
Published 21 Jul, 2018 12:00am
MPC urges government to ensure quality education in government schools

MPC urges government to ensure quality education in government schools

With a few days left to the General Elections, several contesting candidates from major political parties gathered to speak at a multi-party convention to discuss the state of education in District Lahore, and commit to citizen-led charter of demands to e
Published 21 Jul, 2018 12:00am
Tillman highlights successes of BRI, CPEC projects

Tillman highlights successes of BRI, CPEC projects

Henry Tillman, in a comprehensive presentation made on the Belt and Road Initiative (BRI) and the China-Pakistan Economic Corridor (CPEC) at the Ministry of Foreign Affairs on Friday, outlined the impressive successes and milestones achieved by CPEC.
Published 21 Jul, 2018 12:00am
First 'Weaving City' to be set up at M-3 Industrial Estate
Cotton

First 'Weaving City' to be set up at M-3 Industrial Estate

The first Weaving City will be established on 100 acres of land at M-3 Industrial Estate to help organise the power looms sector. In this connection a Memorandum of Understanding ((MoU) was inked between Faisalabad Industrial Estate Development & Manageme
Published 21 Jul, 2018 12:00am
SAI begins Hajj operation

SAI begins Hajj operation

Shaheen Air International (SAI) has kicked off its Hajj operations for the year 2018. The first flight NL 705 has departed from Karachi to Madinah with 309 pilgrims while additional flights would also be operated from other parts of the country including
Published 21 Jul, 2018 12:00am
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