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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-08-01
US crude output slips 30,000 bpd to 10.44 million bpd

US crude output slips 30,000 bpd to 10.44 million bpd

US crude production fell 30,000 barrels per day (bpd) to 10.44 million bpd in May, as production declines in the Gulf of Mexico overshadowed gains in output from major shale basins. Production increased in Texas, New Mexico, North Dakota and Ohio in the m
Published 01 Aug, 2018 12:00am
Iraq has spent over $700 billion oil wealth since 2005

Iraq has spent over $700 billion oil wealth since 2005

Iraq has raised more than $700 billion from oil since 2005, but almost the entire amount has been spent, the central bank announced Tuesday. "Between 2005 and 2017, the finance ministry has taken in $706.23 billion dollars in foreign exchange" from oil, i
Published 01 Aug, 2018 12:00am
Oil posts biggest monthly loss since 2016 as OPEC boosts outputs

Oil posts biggest monthly loss since 2016 as OPEC boosts outputs

Oil prices fell on Tuesday, closing out the largest monthly decline in two years on supply worries after OPEC output reached a 2018 high in July, overshadowing reports that the United States and China might reopen trade talks that could boost demand.
Published 01 Aug, 2018 12:00am
Rubber recovers slightly

Rubber recovers slightly

Benchmark Tokyo rubber futures closed higher on Tuesday, recovering from a drop in early trade, tracking Shanghai market. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, have been fluctuating within a narr
Published 01 Aug, 2018 12:00am
Palm oil edges up
Vegetable Oil

Palm oil edges up

Malaysian palm oil futures edged up slightly on Tuesday, recovering from a one-week low hit earlier in the day, supported by gains in US soyaoil and a weaker ringgit. The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives E
Published 01 Aug, 2018 12:00am
Raw sugar falls to lowest level in almost three years
Currency

Raw sugar falls to lowest level in almost three years

Raw sugar futures fell to the lowest level in almost three years on Tuesday, weighed by excess supplies, while New York cocoa dipped to a five-month low. October raw sugar was down 0.21 cent, or 1.9 percent, at 10.61 cents per lb at 1408 GMT after dipping
Published 01 Aug, 2018 12:00am
Gold stabilises in New York
Currency

Gold stabilises in New York

Gold steadied on Monday ahead of a meeting of the US Federal Reserve this week that could yield clues to the future direction of US interest rates and the dollar, key factors for precious metals prices. Spot gold was steady at $1,223.14 per ounce by 1:34
Published 01 Aug, 2018 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices were steady on Tuesday within a tight range as investors adopted a wait-and-watch approach ahead of a two-day monetary policy meeting of the US Federal Reserve. Spot gold was up about 0.1 percent at $1,222.15 an ounce at 0705 GMT while US gold
Published 01 Aug, 2018 12:00am
Gold down in Europe
Currency

Gold down in Europe

Gold hit a 1-1/2 week low on Tuesday, heading for a fourth consecutive month of losses as a stronger dollar and rising US interest rates continue to weigh, pushing speculators to hold record short or sell positions. The dollar was flat versus a currency b
Published 01 Aug, 2018 12:00am
US MIDDAY: soyabeans climb

US MIDDAY: soyabeans climb

US soyabean futures surged more than 2 percent on Tuesday to one-month highs on hopes that the United States and China would restart stalled trade talks and avert a damaging trade war that has already slowed US soya exports. Corn and wheat climbed along w
Published 01 Aug, 2018 12:00am
US MIDDAY: gold springs back
Currency

US MIDDAY: gold springs back

Gold prices rose on Tuesday, reversing early losses as the Chinese yuan strengthened against the dollar after a report said the United States and China were trying to restart negotiations to defuse a trade war. In early trade, a stronger dollar and rising
Published 01 Aug, 2018 12:00am
KOICA's pre-departure orientation session for CCP officials

KOICA's pre-departure orientation session for CCP officials

Korea International Cooperation Agency (KOICA) Pakistan held a pre-departure orientation session for 10 participants from the Competition Commission of Pakistan (CCP) for the Country-Specific Training Programme on "Strengthening the Competition Regime (Pa
Published 01 Aug, 2018 12:00am
Indian Ocean: Pakistan, Russia discuss security environment

Indian Ocean: Pakistan, Russia discuss security environment

Vice Chief of the Naval Staff Vice Admiral Kaleem Shaukat during his official visit to Russian Federation called on Commander-in-Chief Russian Federation Navy Admiral Vladimir Ivanovich Korolev at Central Naval Museum at Saint Petersburg, Russia.
Published 01 Aug, 2018 12:00am
Amnesty Scheme: RTO-II collects Rs 9 billion

Amnesty Scheme: RTO-II collects Rs 9 billion

The regional tax office (RTO-II) has stood top of all field formations by collecting Rs 9 billion against 8256 declarations under the Tax Amnesty Scheme 2018, said Additional Commissioner RTO-II Ghazala Hameed Razi.
Published 01 Aug, 2018 12:00am
Minister lauds RDD's uplift work

Minister lauds RDD's uplift work

Caretaker Provincial Minister for Irrigation, Public Health Engineering, Rural Development, Inter Provincial Coordination and Excise & Taxation, Mushtaq Ahmed Shah has said that in Rural Development Department the development work is in satisfactory posit
Published 01 Aug, 2018 12:00am
KCCI chief for extension of amnesty scheme

KCCI chief for extension of amnesty scheme

President of Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik has urged the government to extend last date for amnesty scheme 2018 by at least one month so that maximum number of individuals may benefit from this scheme with an attracti
Published 01 Aug, 2018 12:00am
SNGP serves disconnection notice to TNB LPL

SNGP serves disconnection notice to TNB LPL

Sui Northern Gas Pipeline Limited (SNGPL) has served gas disconnection notice to TNB Liberty Power Limited (TNB LPL), a 235 MW (gross) Combined Cycle Power Plant at Daharki, Sindh due to non-payment of gas bills, well informed sources in PPIB told Busi
Published 01 Aug, 2018 12:00am
SS Oil Mills Limited
Mutual Funds

SS Oil Mills Limited

SS Oil Mills Limited (PSX: SSOM) was incorporated in 1990. Its business relates to extracting, refining, processing, and sale of edible oil, meal and their by-products. Canola oil, sunflower oil, and soybean oils and meals are some of the company's offeri
Published 01 Aug, 2018 12:00am
SS Oil Mills Limited
Mutual Funds

SS Oil Mills Limited

SS Oil Mills Limited (PSX: SSOM) was incorporated in 1990. Its business relates to extracting, refining, processing, and sale of edible oil, meal and their by-products. Canola oil, sunflower oil, and soybean oils and meals are some of the company's offeri
Published 01 Aug, 2018 12:00am
KP Bar Council rejects polls results

KP Bar Council rejects polls results

Majority members of Khyber Pakhtunkhwa Bar Council (KP BC) has rejected the results of the recent general elections and said that the Election Commission of Pakistan (ECP) and interim government have completely failed in conducting free, fair, independent
Published 01 Aug, 2018 12:00am
Amount of pending refund claims stands at Rs 200 billion: FBR

Amount of pending refund claims stands at Rs 200 billion: FBR

Pending refund claims amount to Rs 200 billion as per the Federal Board of Revenue (FBR) and Rs 250 billion according to exporters. FBR sources told Business Recorder that pending refund claims include: (i) sales tax refund claims including deferre
Published 01 Aug, 2018 12:00am
SJC adjourns hearing against IHC judge

SJC adjourns hearing against IHC judge

The Supreme Judicial Council on Tuesday adjourned the proceedings against Justice Shaukat Aziz Siddiqui, a judge of Islamabad High Court, for an indefinite period. At the outset of the hearing, Tariq Asad came to the rostrum and recited verses from the Ho
Published 01 Aug, 2018 12:00am
Telenor Microfinance Bank launches 'Easypaisa Loan'

Telenor Microfinance Bank launches 'Easypaisa Loan'

The Telenor Microfinance Bank has launched 'Easypaisa Loan', the country's first ever Digital Nano Loan, in continuation of its effort to increase financial inclusion, as part of the Government of Pakistan's National Financial Inclusion Strategy of 2015 a
Published 01 Aug, 2018 12:00am
Industrial policy EZDMC invites application for incentives

Industrial policy EZDMC invites application for incentives

Khyber Pakhtunkhwa Economic Zones Development and Management Company (KP EZDMC) has invited application from industrialists and investors for incentives offered under KP industrial policy. To attract the investment and in order to uplift the socio-economi
Published 01 Aug, 2018 12:00am
Brazilian army chief calls on CoAS

Brazilian army chief calls on CoAS

Brazilian Chief of Staff of the Armed Forces, Admiral Ademir Sobrinho called on Chief of Army Staff General Qamar Javed Bajwa at GHQ on Tuesday. According to the ISPR, matters of mutual interest were discussed during the meeting, including bilateral milit
Published 01 Aug, 2018 12:00am
PTI's MNAs-elect, senators eyeing berths in federal cabinet

PTI's MNAs-elect, senators eyeing berths in federal cabinet

The newly elected PTI's MNAs and Senators are eyeing berth in the federal cabinet of the upcoming government. PTI has swept elections in the provincial capital as its candidates on all five National Assembly and 13 provincial assembly have been elected wi
Published 01 Aug, 2018 12:00am
Germany to support Pakistan's new government: envoy

Germany to support Pakistan's new government: envoy

German ambassador Martin Kobler on Tuesday said the new government in Pakistan could face several challenges in areas of education, health, unemployment and climate change, however expressed his country's continued support in all fields. "Pakistan needs a
Published 01 Aug, 2018 12:00am
Bail to Raisani, Langove: NAB to move SC against BHC verdict

Bail to Raisani, Langove: NAB to move SC against BHC verdict

The National Accountability Bureau (NAB) Tuesday decided to file an appeal in the Supreme Court against Balochistan High Court (BHC) verdict to grant bail to former Balochistan finance secretary Mushtaq Raisani and former finance adviser to chief minister
Published 01 Aug, 2018 12:00am
HEC introduces scholarship schemes for Balochistan, Fata students

HEC introduces scholarship schemes for Balochistan, Fata students

The Higher Education Commission (HEC) has initiated various fully-funded scholarship schemes exclusively for students of Balochistan and erstwhile Federally Administered Tribal Areas (FATA). While briefing the Senate Functional Committee on Problems of Le
Published 01 Aug, 2018 12:00am
SECP for better corporate governance and transparency

SECP for better corporate governance and transparency

The SECP Chairman has directed the relevant department to ensure full compliance of public sector companies (PSCs) with Public Sector Companies (Corporate Governance) Rules, 2013, for better corporate governance and transparency.
Published 01 Aug, 2018 12:00am
Chief Secretary seeks proposals for future roadmap

Chief Secretary seeks proposals for future roadmap

Chief Secretary Punjab Akbar Durrani on Tuesday directed the administrative secretaries to submit issues of their departments and their suggested solution within five days for devising a future roadmap.
Published 01 Aug, 2018 12:00am
Mohmand Dam to store 1.2 MAF of water: Wapda chief

Mohmand Dam to store 1.2 MAF of water: Wapda chief

Pakistan Water and Power Development Authority (WAPDA) Chairman Lieutenant General Muzammil Hussain (retd) has said that Mohmand Dam is a project of immense importance in that it will store 1.2 million acre feet (MAF) of water for irrigated agriculture, h
Published 01 Aug, 2018 12:00am
CTP to distribute 2,000 helmets

CTP to distribute 2,000 helmets

The City Traffic Police (CTP) Lahore has finalised a plan to distribute almost 2,000 free-of-cost helmets among commuters in its ongoing traffic awareness campaign. Lahore Chief Traffic Officer (CTO) Liaqat Ali Malik while distributing free-of-cost helmet
Published 01 Aug, 2018 12:00am
Dr Ahmad named LUMS VC

Dr Ahmad named LUMS VC

The Lahore University of Management Sciences (LUMS) is pleased to announce the appointment of Dr Arshad Ahmad, Vice-Provost, Teaching and Learning and Professor of Finance and Business Economics at McMaster University, Canada, as the 5th Vice Chancellor o
Published 01 Aug, 2018 12:00am
Pervez Elahi may become Punjab Assembly speaker

Pervez Elahi may become Punjab Assembly speaker

The Pakistan Tehreek-e-Insaf (PTI) is considering an option to make leader of the Pakistan Muslim league-Quaid (PML-Q) Chaudhry Pervez Elahi as speaker of Punjab Assembly, it has been learnt.
Published 01 Aug, 2018 12:00am
HEC to cooperate with provincial HECs: Dr Banuri

HEC to cooperate with provincial HECs: Dr Banuri

Higher Education Commission (HEC) Chairman Dr Tariq Banuri has said that the HEC of Pakistan is ready to work with the provincial higher education commissions if they implement the standards set by the HEC.
Published 01 Aug, 2018 12:00am
Punjab CM lauds performance of LEAs

Punjab CM lauds performance of LEAs

Caretaker chief minister Punjab Dr. Hasan Askari has appreciated the performance of police and other law enforcement agencies for making foolproof security arrangements to provide peaceful atmosphere to the voters. He also commended the performance of pol
Published 01 Aug, 2018 12:00am
GM crops offer sustainable solution for food security

GM crops offer sustainable solution for food security

Apart from environmental perspective, Genetically Modified (GM) crops also offer sustainable solutions for ensuring food security. Today's world dilemma revolves around producing more food for the rapidly growing population while relying on depleting natu
Published 01 Aug, 2018 12:00am
PG Induction Committee reconstituted on SC orders

PG Induction Committee reconstituted on SC orders

On the orders of Supreme Court of Pakistan, PG Induction Committee has been reconstituted for the admission of post-graduate trainee doctors in the teaching hospitals and specialized healthcare institutions.
Published 01 Aug, 2018 12:00am
Seventh IFEC to begin tomorrow

Seventh IFEC to begin tomorrow

Seventh Islamic Finance Expo & Conference (IFEC-2018) is scheduled for 2nd August 2018 at a hotel under the strategic partnership with IBA-CEIF.
Published 01 Aug, 2018 12:00am
SHC seeks arguments over maintainability of Faryal's petition

SHC seeks arguments over maintainability of Faryal's petition

The Sindh High Court (SHC) on Tuesday sought the arguments about the maintainability of petition of Faryal Talpur, a leader of Pakistan Peoples Party (PPP) against Federal Investigation Agency (FIA)'s interim charge-sheet in the money laundering case.
Published 01 Aug, 2018 12:00am
WWF highlights dangers being faced by forest rangers

WWF highlights dangers being faced by forest rangers

Findings of a regional study conducted by WWF to mark the World Ranger Day, reveal that one in seven wildlife rangers-14 per cent-across Asia including Pakistan and Central Africa have been seriously injured during their duties over the past 12 months.
Published 01 Aug, 2018 12:00am
Collapse of swing: SHC seeks reply from park management

Collapse of swing: SHC seeks reply from park management

A divisional bench of Sindh High Court (SHC) on Tuesday ordered the management of Askari Park to submit its reply by August 09 when it sought the time in a case pertaining to collapse of a mechanical swing, killing one girl and wounding many others. The b
Published 01 Aug, 2018 12:00am
126th birth anniversary of Fatima Jinnah celebrated

126th birth anniversary of Fatima Jinnah celebrated

126th birth anniversary of Mohtarma Fatima Jinnah, Mother of the Nation and Quaid-e-Azam Muhammad Ali Jinnah's sister, was celebrated on Tuesday across the country. Fatima Jinnah was born on July 31, 1893, the youngest of seven children. Of her siblings s
Published 01 Aug, 2018 12:00am
Technical fault delays PIA's flights

Technical fault delays PIA's flights

The Toronto and Birmingham bound flights of Pakistan International Airlines (PIA) has caught serious technical issues and delayed for hours, creating serious hardships for the passengers.
Published 01 Aug, 2018 12:00am
SWC informed: Contaminated water being supplied to government hospitals

SWC informed: Contaminated water being supplied to government hospitals

The government hospitals in Sindh are being supplied with contaminated water, which is giving rise to water-borne diseases, Sindh Water Commission (SWC) was informed on Tuesday. Pakistan Council of Research in Water Resources submitted a report to the com
Published 01 Aug, 2018 12:00am
ICAP announces CFAP, MSA and final exam results

ICAP announces CFAP, MSA and final exam results

The Institute of Chartered Accountant of Pakistan has announced the results of Certified Finance and Accounting Professional (CFAP), Multi Subject Assessment (MSA) and Final Examination held in June 2018. As many as 318 candidates passed CFAP/final examin
Published 01 Aug, 2018 12:00am
Lucky Cement posts net profit after tax of Rs 14.82 billion

Lucky Cement posts net profit after tax of Rs 14.82 billion

On a consolidated basis, Lucky Cement Limited reported net profit after tax of Rs 14.82 billion after taking out Rs 1.35 billion attributable to non-controlling interests for the financial year ended June 30, 2018, which translates into earnings per share
Published 01 Aug, 2018 12:00am
Lucky Cement posts net profit after tax of Rs 14.82 billion

Lucky Cement posts net profit after tax of Rs 14.82 billion

On a consolidated basis, Lucky Cement Limited reported net profit after tax of Rs 14.82 billion after taking out Rs 1.35 billion attributable to non-controlling interests for the financial year ended June 30, 2018, which translates into earnings per share
Published 01 Aug, 2018 12:00am
AkzoNobel introduces 'Dulux Promise' paint

AkzoNobel introduces 'Dulux Promise' paint

AkzoNobel, the leading global paints and coatings company, has launched the latest addition to their paint family, Dulux Promise paint. The Dulux Promise range offers not only interior and exterior emulsions but primer and putty as well, therefore providi
Published 01 Aug, 2018 12:00am
PFA seals four food outlets

PFA seals four food outlets

The Punjab Food Authority (PFA) on Tuesday conducted raids on various food points across the city and closed down four food businesses over violation of food law on Tuesday. The raids were conducted at various parts of the city, especially in lower-class
Published 01 Aug, 2018 12:00am
Punjab police's HR management information system launched

Punjab police's HR management information system launched

The Punjab police on Tuesday launched 'Human Resource Management Information System' by computerizing service record of nearly 186148 gazetted and non-gazetted officers to ensure merit-based appointments in the force. A police spokesman said the initiativ
Published 01 Aug, 2018 12:00am
People throng cattle market set up at Sohrab Goth

People throng cattle market set up at Sohrab Goth

Camels in large numbers have also been brought this year and daily herds are arriving with consistency. Moreover, around 50,000 sacrificial animals have been brought so far in the mandi. Asia's biggest Maweshi Mandi at Sohrab Goth, superhighway has now be
Published 01 Aug, 2018 12:00am
AJK president says Pakistan is incomplete without Kashmir

AJK president says Pakistan is incomplete without Kashmir

Pakistan is incomplete without Kashmir. If Pakistan is stronger, "we will have a guaranteed success for the rights of self determination of the Kashmiris." This was stated by Sardar Masood Khan, President Azad State of Jammu and Kashmir during his address
Published 01 Aug, 2018 12:00am
AIOU admissions begin today

AIOU admissions begin today

Allama Iqbal Open University (AIOU) will open its SSC to PhD-level admissions for Semester Autumn 2018 in various academic programmes from Wednesday (1st August). Vice-Chancellor Prof Dr Shahid Siddiqui has approved an admission plan that includes setting
Published 01 Aug, 2018 12:00am
New fishing season begins today

New fishing season begins today

The new fishing season is starting Wednesday (today) with the same old problems ahead including poor working conditions for fishermen and use of banned nets to hunt marine species. The country's largest fisheries harbour with $450 million export of seafoo
Published 01 Aug, 2018 12:00am
US freezes assets of three Pakistanis

US freezes assets of three Pakistanis

The United States on Tuesday froze the assets of three Pakistanis it has linked to Lashkar-e-Taiba, the militant group blamed for the deadly 2008 attacks in India's financial capital, Mumbai. The State Department added Abdul Rehman al-Dakhil to its list o
Published 01 Aug, 2018 12:00am
Workshop on role of incubation centres held

Workshop on role of incubation centres held

Office of Research Innovation and Commercialization, Institute of Business Management (ORIC-IoBM) organized a Workshop on 'Role of Incubation Centres in Entrepreneurship Creation' at the institute's Entrepreneurship and Management Excellence Centre (EMEC)
Published 01 Aug, 2018 12:00am
Miani Sahib graveyard: LHC bans construction of new mosques

Miani Sahib graveyard: LHC bans construction of new mosques

The Lahore High Court on Tuesday put a ban on construction of new mosques on land of Miani Sahib Graveyard and sought assistance from religious scholars on the issue. A bar member Shahid Maqbool Sheikh had challenged construction of mosques on the land of
Published 01 Aug, 2018 12:00am
Pakistan Expo in Toronto: FPCCI's special discount package for women

Pakistan Expo in Toronto: FPCCI's special discount package for women

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has offered special discount package to women for participating in the forthcoming Pakistan Expo in Toronto, Canada scheduled from 23 to 26 October. The incentive will encourage women to par
Published 01 Aug, 2018 12:00am
Need stressed for implementing 25th amendment

Need stressed for implementing 25th amendment

Participants of the seminar were unequivocal in their demand to implement 25th constitutional amendment in its true letter and spirit. The 25th constitutional amendment has merged seven tribal districts and six Frontier Regions in Khyber Pakhtunkhwa.
Published 01 Aug, 2018 12:00am
BAP to form government with PTI in Balochistan

BAP to form government with PTI in Balochistan

Jamal Kamal, the chief of Balochistan Awami Party (BAP) Tuesday broke the ice and announced to form a coalition government in Balochistan with the help of Pakistan Tehreek-e-Insaf (PTI). After having a meeting with PTI Chairman Imran Khan here at latter's
Published 01 Aug, 2018 12:00am
Fazl for recounting of votes across country

Fazl for recounting of votes across country

President Muttahida Majlis-e-Amal, Maulana Fazlur Rehman has asked for vote recount in all the constituencies of the country. Addressing a press conference after chairing a meeting of the MMA here on Tuesday, he alleged that Pakistan Tehreek-e-Insaf (PTI)
Published 01 Aug, 2018 12:00am
Edhi gets 50 ambulances

Edhi gets 50 ambulances

Edhi Foundation has received 50 ambulances donated by overseas Pakistan in Australia. Talking to journalists here on Tuesday, Edhi Foundation's head Faisal Edhi said these ambulances would be sent to different parts of the country to help further strength
Published 01 Aug, 2018 12:00am
Italy mulling opening trade agency in Karachi: CG

Italy mulling opening trade agency in Karachi: CG

Italian Consul General Anna Ruffino has said Italy is considering to open its Trade agency in Karachi soon. Speaking at a meeting of Korangi Association of Trade and Industry (KATI), she said security situation in Karachi has improved remarkably and Itali
Published 01 Aug, 2018 12:00am
Amnesty Scheme: 26 NBP branches received deposits

Amnesty Scheme: 26 NBP branches received deposits

As many as 26 branches of the National Bank of Pakistan (NBP) continued receiving deposits up to 10pm on Tuesday night from those availing the Tax Amnesty Scheme 2018. A notification issued by the State Bank of Pakistan (SBP) stated that the NBP branches
Published 01 Aug, 2018 12:00am
Siddiqui, Mattis discuss Afghanistan in Pentagon

Siddiqui, Mattis discuss Afghanistan in Pentagon

The strain relations between Pakistan and United States moving towards thaw as Pakistan's ambassador to the US Ali Jahangir Siddiqui on Monday met with the US Secretary of Defence General James Mattis.
Published 01 Aug, 2018 12:00am
PTI chief finalises name of Atif Khan for CM's slot

PTI chief finalises name of Atif Khan for CM's slot

Pakistan Tehrik-e-Insaf (PTI) chairman Imran Khan Tuesday finalized the name of former provincial education minister Atif Khan for the post of Khyber Pakhtunkhwa Chief Minister. Media reports had it the decision was made at a high-level consultation meeti
Published 01 Aug, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (July 31, 2018) and the forecast for Wednesday (August 01, 2018).

Published 01 Aug, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 31, 2018).

Published 01 Aug, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 31, 2018).

Published 01 Aug, 2018 12:00am
SVI hails government's pro-active diplomacy for NSG membership

SVI hails government's pro-active diplomacy for NSG membership

Strategic Vision Institute (SVI) has hailed government's pro-active diplomacy for successfully advocating criteria based approach for membership of Nuclear Suppliers Group (NSG) and called for bolstering the country's candidature for admission into the mu
Published 01 Aug, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Aug, 2018 12:00am
'Illusory boom in manufacturing'

'Illusory boom in manufacturing'

I read with great interest Hafiz Pasha's article in yesterday's paper. He has argued that the Bureau of Statistics has grossly overstated the growth rate of large-scale manufacturing for the period July to February 2017-18. Against the claimed growth rate
Published 01 Aug, 2018 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 01 Aug, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 31, 2018).

Published 01 Aug, 2018 12:00am
The IMF challenge
Currency

The IMF challenge

Please don't ever go to the IMF. Also please refrain as far as possible from promising, even rhetorically, to emulate the Chinese model or to turn Pakistan into an Asian Tiger.
Published 01 Aug, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 31, 2018)

Published 01 Aug, 2018 12:00am
What went wrong after successful IMF programme?
Currency

What went wrong after successful IMF programme?

For the first time in country's history, the IMF programme (2013-16) was successfully completed. Surprisingly, it was under a democratic government. In its statement dated 28-9-2018, after approval of the 12th and final Review by the Board of Executive Di
Published 01 Aug, 2018 12:00am
A new chapter in Pak-India relations?

A new chapter in Pak-India relations?

In his victory speech, prime minister-designate Imran Khan had reached out to India with a conciliatory message saying "we are ready to improve ties with India. If you take one step forward we will take two steps forward." Indian Prime Minister Narendra M
Published 01 Aug, 2018 12:00am
Population planning

Population planning

Chief Justice Saqib Nisar while heading a three-member bench hearing a suo motu case on increasing population in the country observed that "if we are unable to control population, the goals in education, water, employment and health sectors can't be achie
Published 01 Aug, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 31, 2018).

Published 01 Aug, 2018 12:00am
Israeli court jails Arab poet

Israeli court jails Arab poet

An Israeli court jailed an Israeli Arab poet for five months on Tuesday after convicting her of incitement to terrorism for a poem and remarks she posted on social media during a wave of Palestinian street attacks.
Published 01 Aug, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 31, 2018).

Published 01 Aug, 2018 12:00am
Israeli court jails Arab poet

Israeli court jails Arab poet

An Israeli court jailed an Israeli Arab poet for five months on Tuesday after convicting her of incitement to terrorism for a poem and remarks she posted on social media during a wave of Palestinian street attacks.
Published 01 Aug, 2018 12:00am
No complaint received so far, says ECP

No complaint received so far, says ECP

The Election Commission of Pakistan (ECP) Tuesday claimed that it has received no complaint of rigging in the general election and urged all political parties to respect mandate of the people by accepting the results of free and fair polls. Speaking to me
Published 01 Aug, 2018 12:00am
No complaint received so far, says ECP

No complaint received so far, says ECP

The Election Commission of Pakistan (ECP) Tuesday claimed that it has received no complaint of rigging in the general election and urged all political parties to respect mandate of the people by accepting the results of free and fair polls. Speaking to me
Published 01 Aug, 2018 12:00am
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