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Print - 2018-08-20
Navy conducts beach cleaning campaign

Navy conducts beach cleaning campaign

To create awareness amongst general populace regarding importance of cleanliness, Pakistan Navy has conducted a beach cleaning campaign at Sea-view, where PN officers, men and students of Bahria Colleges participated. The participants amicably removed deb
Published 20 Aug, 2018 12:00am
Cop among two killed in Karachi

Cop among two killed in Karachi

Two including a head constable of police were killed and another injured in separate violent incidents in the metropolis on Sunday, police said. Unidentified armed men tried to snatch motorcycle from a citizen near Karimabad Bridge in Karachi when Head Co
Published 20 Aug, 2018 12:00am
CPG urges new leadership to give message of hope and harmony

CPG urges new leadership to give message of hope and harmony

The Corporate Pakistan Group (CPG) has congratulated the nation on successful culmination on democratic process through general elections. Nation exercised its right to vote on July 25, 2018 moving towards third consecutive transfer of power from one elec
Published 20 Aug, 2018 12:00am
KP educational board: FTO asks FBR to compensate for delayed refund

KP educational board: FTO asks FBR to compensate for delayed refund

Federal Tax Ombudsman (FTO) has directed Federal Board of Revenue (FBR) to allow additional payment (compensation) for delayed refund to an educational board of the government of Khyber Pakhtunkhwa for late returning money recovered through bank account a
Published 20 Aug, 2018 12:00am
Prices of essential kitchen items up in retail market

Prices of essential kitchen items up in retail market

Prices of essential food commodities, including vegetable, pulses, spices sugar, confectionary items, except chicken meat have increased in retail market, according to the survey conducted by Business Recorder here on Sunday. Price of tomato has gone up a
Published 20 Aug, 2018 12:00am
PML-Q, PTI enjoy mutual understanding: Elahi

PML-Q, PTI enjoy mutual understanding: Elahi

Speaker Punjab Assembly Ch Parvez Elahi has said that there is mutual understanding between Pakistan Muslim League and PTI. "We staged sit-in together, contested election jointly and now will serve the people together" he added. Responding to the question
Published 20 Aug, 2018 12:00am
Entrance test for KP's medical colleges held

Entrance test for KP's medical colleges held

A total of 38,062 candidates appeared in entrance test for admissions to medical and dental colleges of Khyber Pakhtunkhwa, which was held in designated centres in different parts of the province on Sunday. The Educational Testing and Evaluation Agency (E
Published 20 Aug, 2018 12:00am
Horse trading: Hamza demands parliamentary commission

Horse trading: Hamza demands parliamentary commission

PML-N leader and opposition leader in the Punjab Assembly Hamza Shahbaz has demanded setting up a parliamentary commission to probe into alleged rigging in elections 2018 and horse trading. Talking to media outside Punjab Assembly here on Sunday Hamza sai
Published 20 Aug, 2018 12:00am
Senate chief vows to make Gwadar, Dalian as sister cities

Senate chief vows to make Gwadar, Dalian as sister cities

Chairman Senate calls for declaring Dalian (China) and Gwadar as Sister Cities. Chairman Senate Muhammad Sadiq Sanjrani has proposed that Gwadar and Dalian, a major city and seaport in the south of Liaoning Province, China should be made sister cities kee
Published 20 Aug, 2018 12:00am
140 students get Chinese scholarships

140 students get Chinese scholarships

Chinese government has awarded 140 scholarships to Pakistani students providing them an opportunity to obtain higher education from bachelors to PhD from top Chinese universities. In a ceremony, held here at the Chinese Embassy on the other day, the admis
Published 20 Aug, 2018 12:00am
US welcomes PM Imran

US welcomes PM Imran

US State department's spokesperson Heather Nauert has welcome the New Pakistani Prime Minster, Imran Khan. In a statement, he said "We recognize and welcome the newly elected Pakistan Prime Minister Imran Khan on taking the oath of office. For over 70 yea
Published 20 Aug, 2018 12:00am
Rs 14 billion target achieved by CDNS

Rs 14 billion target achieved by CDNS

The Central Directorate of National Savings (CDNS) has achieved Rs 14 billion savings till second months of first quarter of current fiscal year, from July 1 to August 15, 2018-19. The CDNS has set Rs 210 billion net target for fiscal year (2018-19), seni
Published 20 Aug, 2018 12:00am
Federal cabinet's oath-taking ceremony today

Federal cabinet's oath-taking ceremony today

The newly formed 21-member federal cabinet of Prime Minister Imran Khan will take oath of their portfolios today (Monday). President Mamnoon Hussain would administer the oath to the federal cabinet here at the presidency which would be attended by lawmake
Published 20 Aug, 2018 12:00am
KP's HCC becomes functional

KP's HCC becomes functional

The Health Care Commission of Khyber Pakhtunkhwa has made functional the Monitoring and Evaluation Department so as to inspect and evaluate the conditions of public and private sectors hospitals and medical laboratories in the province. The Chief Executiv
Published 20 Aug, 2018 12:00am
Need for according priority to youths' health stressed

Need for according priority to youths' health stressed

Youth health must be given priority and health outlets must be developed youth friendly to address their health related issues. This was resolved in a closing ceremony of three days workshop for young people on Adolescent Health, Life Skills and Peer Educ
Published 20 Aug, 2018 12:00am
Murad asks IGP to eradicate menace of street crimes

Murad asks IGP to eradicate menace of street crimes

Sindh Chief Minister Syed Murad Ali Shah has directed the Inspector General of Police (IGP) Amjad Javed Saleemi to launch a result-oriented crackdown on street criminals to eradicate street crimes. Shah made this directive in his first meeting in the seco
Published 20 Aug, 2018 12:00am
CTP finalises traffic plan for Eidul Azha

CTP finalises traffic plan for Eidul Azha

The City Traffic Police (CTP) have chalked out a comprehensive plan for Eidul Azha under which enhanced number of traffic wardens will be deployed in main city areas to control traffic mess on 9th Zil Hajj and during Eidul Azha prayers, besides special ar
Published 20 Aug, 2018 12:00am
Hurriyat leaders felicitates Imran Khan

Hurriyat leaders felicitates Imran Khan

Chairman of Hurriyat forum, Mirwaiz Umar Farooq, and other pro-freedom leaders, in Indian occupied Kashmir, have felicitated Pakistan Tehreek-e-Insaf Chief, Imran Khan, on assuming the office of the Prime Minister of Pakistan. According to Kashmir Media S
Published 20 Aug, 2018 12:00am
PRGMEA for widening of tax net

PRGMEA for widening of tax net

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chief coordinator Ijaz A Khokhar on Sunday underscored the need of widening the tax net aimed at reducing the burden of existing taxpayers in the country. At present the existing
Published 20 Aug, 2018 12:00am
PRGMEA for widening of tax net

PRGMEA for widening of tax net

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) chief coordinator Ijaz A Khokhar on Sunday underscored the need of widening the tax net aimed at reducing the burden of existing taxpayers in the country. At present the existing
Published 20 Aug, 2018 12:00am
No compromise on KP's share in CPEC: NA speaker

No compromise on KP's share in CPEC: NA speaker

Speaker of National Assembly, Asad Qaisar has said that there would be no compromise on Khyber Pakhtunkhwa share in the China-Pakistan Economic Corridor (CPEC) and welfare of the people. He was addressing party workers who have come to receive him after h
Published 20 Aug, 2018 12:00am
Islamabad will continue support 'One China policy': Senate chief

Islamabad will continue support 'One China policy': Senate chief

Chairman Senate Muhammad Sadiq Sanjrani has said that the China is the closest and strongest friend of Pakistan and Islamabad will continue to support One China policy. Talking to Chairman Chinese Peoples' Political Consultative Conference, Wang Yang, in
Published 20 Aug, 2018 12:00am
Super Highway cattle market attracts big crowd

Super Highway cattle market attracts big crowd

As the city is gearing up to celebrate Eidul-Azha Wednesday, the main cattle market on Superhighway is witnessing rise in sell of sacrificial animals, mostly goats and sheep due to visits by large numbers of customers. People prefer buying these two anima
Published 20 Aug, 2018 12:00am
PM congratulates Buzdar

PM congratulates Buzdar

Prime Minister Imran Ahmed Khan Niazi Sunday congratulated Sardar Usman Ahmed Khan Buzdar on his election as the Chief Minister of Punjab. The prime minister also felicitated the parliamentary party of the Pakistan Tehreek-e-Insaf and allies, said a PM Of
Published 20 Aug, 2018 12:00am
Usman Buzdar's election as CM widely hailed

Usman Buzdar's election as CM widely hailed

Selection of Sardar Usman Khan Buzdar as the Punjab chief minister by Pakistan Tehreek-e-Insaf Chairman Imran Khan is widely hailed throughout the South Punjab. Soon after the announcement, the people of Barthi, an under-developed tribal area of tahsil Ta
Published 20 Aug, 2018 12:00am
KE extends billing date

KE extends billing date

In order to facilitate its consumers during the Eid-ul-Azha holidays, K-Electric has provided an extension in all billing due dates falling within these holidays. The extension is applicable on all electricity bills which have a due date from August 21-Au
Published 20 Aug, 2018 12:00am
Development of Karachi: Alvi expresses desire to work with PPP

Development of Karachi: Alvi expresses desire to work with PPP

President-designate and Pakistan Tehreek-e-Insaf (PTI) leader Arif Alvi on Sunday expressed desire to work with Pakistan Peoples Party (PPP) for uplift of Sindh. He was talking to the media in Karachi. Alvi renewed pledge to solve the festering issues of
Published 20 Aug, 2018 12:00am
Sindh CM presented guard of honour

Sindh CM presented guard of honour

The newly-elected Sindh Chief Minister Syed Murad Ali Shah was presented guard of honour on Sunday on his arrival at the Chief Minister House. Earlier on August 17, Syed Murad Ali Shah received second consecutive term at serving as the Sindh Chief Ministe
Published 20 Aug, 2018 12:00am
Mohmand tribe: 484 displaced persons return home after 10 years

Mohmand tribe: 484 displaced persons return home after 10 years

As many as 484 Pakistanis belonging to Mohmand tribal district of Khyber Pakhtunkhwa that have taken refuge in Afghanistan due to military operation, returned to Pakistan after 10-year through Torkham crossing of Pak-Afghan border on Sunday. Hundreds of f
Published 20 Aug, 2018 12:00am
Promises, promises, Imran Khan raises Pakistani hopes sky high
Currency

Promises, promises, Imran Khan raises Pakistani hopes sky high

From creating 10 million jobs to building an Islamic welfare state and restoring country's tattered image abroad, new premier Imran Khan is facing a problem of his own making: runaway expectations raised by his lofty rhetoric. A cricket legend and firebra
Published 20 Aug, 2018 12:00am
Azeri PM greets Khan

Azeri PM greets Khan

Prime Minister of Azerbaijan Novruz Mammadov has congratulated Imran Khan on his election as the Prime Minister of Pakistan. Novruz Mammadov, in a translated message issued by the Azeri Embassy here Sunday, said Azerbaijan and Pakistan were linked with st
Published 20 Aug, 2018 12:00am
Business fraternity pins high hopes in Imran-led government

Business fraternity pins high hopes in Imran-led government

Business community has felicitated Imran Khan on assuming the charge as 22nd Prime Minister of Pakistan and hoped the PTI-led government would make all out efforts to boost economic activities, improve investment climate and bring country out of economic
Published 20 Aug, 2018 12:00am
Surge in flow of remittances attributed to Imran's victory, Eidul-Azha

Surge in flow of remittances attributed to Imran's victory, Eidul-Azha

Many economic experts in the country attribute the increased flow of remittances from overseas Pakistanis in the month of July to the election victory of Pakistan Tehreek-e-Insaf chief Imran Khan and upcoming Eidul Azha while for some it is the impact of
Published 20 Aug, 2018 12:00am
External account challenge

External account challenge

Prime minister-elect Imran Ahmed Khan Niazi has taken oath of his office; he's now country's 22nd prime minister. He is fully aware of the fact that the task ahead is profoundly challenging particularly in areas of country's economy and its relations with
Published 20 Aug, 2018 12:00am
Greeks rebuild lives after debt crisis wrecked dreams

Greeks rebuild lives after debt crisis wrecked dreams

In 2010, Panagiota Kalliakmani had just secured her chemistry degree and dreamed of going into research. Then the Greek economic crisis struck. With the cash-strapped state forced into massive spending cuts, the plug was pulled on myriad research programm
Published 20 Aug, 2018 12:00am
The real challenge ahead!

The real challenge ahead!

The era of the Khan administration has begun. Prime Minister Imran Khan's focus to date has been on selecting names within his party as well as from allied parties for major executive offices in the centre as well as the provinces, including the federal c
Published 20 Aug, 2018 12:00am
An unsavoury spectacle

An unsavoury spectacle

The second successive democratic transition was expected to be a dignified affair, instead the very first session of the new National Assembly turned out to be a shouting match between the PTI and its main opposition, the PML-N. Since they came, led by th
Published 20 Aug, 2018 12:00am
Financial inclusion and economic stability

Financial inclusion and economic stability

Governor State Bank of Pakistan Tariq Bajwa while addressing the national flag hoisting ceremony on the country's Independence Day, stated that financial inclusion is important for monetary stability and economic development. He referred to the National F
Published 20 Aug, 2018 12:00am
Afghan president offers Taliban new provisional ceasefire

Afghan president offers Taliban new provisional ceasefire

Afghan President Ashraf Ghani declared a provisional three-month ceasefire with the Taliban in a televised broadcast Sunday, but said the truce would hold only if the insurgents reciprocated. The announcement followed a bloody week of fighting across Afgh
Published 20 Aug, 2018 12:00am
Afghan president offers Taliban new provisional ceasefire

Afghan president offers Taliban new provisional ceasefire

Afghan President Ashraf Ghani declared a provisional three-month ceasefire with the Taliban in a televised broadcast Sunday, but said the truce would hold only if the insurgents reciprocated. The announcement followed a bloody week of fighting across Afgh
Published 20 Aug, 2018 12:00am
Pakistan welcomes Ghani's ceasefire announcement

Pakistan welcomes Ghani's ceasefire announcement

Pakistan welcomed Afghan President Ashraf Ghani's ceasefire announcement on Eid-ul-Azha and reiterated its support to efforts aimed at achieving durable stability and lasting peace in the war-torn neighbouring country. "Pakistan welcomes the Afghan govern
Published 20 Aug, 2018 12:00am
Pakistan welcomes Ghani's ceasefire announcement

Pakistan welcomes Ghani's ceasefire announcement

Pakistan welcomed Afghan President Ashraf Ghani's ceasefire announcement on Eid-ul-Azha and reiterated its support to efforts aimed at achieving durable stability and lasting peace in the war-torn neighbouring country. "Pakistan welcomes the Afghan govern
Published 20 Aug, 2018 12:00am
Israel closes people crossing with Gaza after border violence

Israel closes people crossing with Gaza after border violence

Israel closed its only crossing for people with the Gaza Strip on Sunday except for humanitarian cases after weekend border clashes, the latest tightening of its blockade on the Palestinian enclave despite truce efforts. The move could prevent Gazans from
Published 20 Aug, 2018 12:00am
Israel closes people crossing with Gaza after border violence

Israel closes people crossing with Gaza after border violence

Israel closed its only crossing for people with the Gaza Strip on Sunday except for humanitarian cases after weekend border clashes, the latest tightening of its blockade on the Palestinian enclave despite truce efforts. The move could prevent Gazans from
Published 20 Aug, 2018 12:00am
800,000 displaced in flooding in southern Indian state

800,000 displaced in flooding in southern Indian state

Some 800,000 people have been displaced and over 350 have died in the worst flooding in a century in southern India's Kerala state, officials said Sunday, as rescuers searched for people stranded in the worst-affected areas.
Published 20 Aug, 2018 12:00am
800,000 displaced in flooding in southern Indian state

800,000 displaced in flooding in southern Indian state

Some 800,000 people have been displaced and over 350 have died in the worst flooding in a century in southern India's Kerala state, officials said Sunday, as rescuers searched for people stranded in the worst-affected areas.
Published 20 Aug, 2018 12:00am
10-member Sindh Cabinet takes oath

10-member Sindh Cabinet takes oath

Sindh Chief Minister Syed Murad Ali Shah on Sunday formed his cabinet, appointing eight ministers and two advisers whereas more ministers will be inducted after Eidul Azha. Acting Sindh Governor Agha Siraj Durrani administered oath to the newly-appointed
Published 20 Aug, 2018 12:00am
10-member Sindh Cabinet takes oath

10-member Sindh Cabinet takes oath

Sindh Chief Minister Syed Murad Ali Shah on Sunday formed his cabinet, appointing eight ministers and two advisers whereas more ministers will be inducted after Eidul Azha. Acting Sindh Governor Agha Siraj Durrani administered oath to the newly-appointed
Published 20 Aug, 2018 12:00am
Xi says military must resist 'corrosion' of corruption

Xi says military must resist 'corrosion' of corruption

China's military must resist the "corrosion" of corruption and ensure the fight against graft is deepened, President Xi Jinping told senior officers, state media said on Sunday, offering a renewed warning against a deep-seated problem. China's military, t
Published 20 Aug, 2018 12:00am
Xi says military must resist 'corrosion' of corruption

Xi says military must resist 'corrosion' of corruption

China's military must resist the "corrosion" of corruption and ensure the fight against graft is deepened, President Xi Jinping told senior officers, state media said on Sunday, offering a renewed warning against a deep-seated problem. China's military, t
Published 20 Aug, 2018 12:00am
Three top Russian space industry execs held for 'fraud'

Three top Russian space industry execs held for 'fraud'

Three top executives of the Russian space company Energia, which designs and manufactures the Soyuz and Progress spacecrafts, have been arrested for alleged fraud, investigators said on Sunday. "Energia's deputy director Alexei Beloborodov and two of his
Published 20 Aug, 2018 12:00am
Over 2 million perform Hajj today

Over 2 million perform Hajj today

More than two million Muslims from around the globe started the Hajj pilgrimage on Sunday in Saudi Arabia, one of the world's largest annual gatherings in a country undergoing unprecedented change. "It's the dream of every Muslim to come here to Makkah,"
Published 20 Aug, 2018 12:00am
Over 2 million perform Hajj today

Over 2 million perform Hajj today

More than two million Muslims from around the globe started the Hajj pilgrimage on Sunday in Saudi Arabia, one of the world's largest annual gatherings in a country undergoing unprecedented change. "It's the dream of every Muslim to come here to Makkah,"
Published 20 Aug, 2018 12:00am
Iran lawmakers target Rouhani's finance minister
Currency

Iran lawmakers target Rouhani's finance minister

Iranian lawmakers launched impeachment proceedings against the finance minister on Sunday, ramping up pressure on the president who is already facing attacks from hardliners over his handling of the economy in the face of new US sanctions. A group of 33 M
Published 20 Aug, 2018 12:00am
Iran lawmakers target Rouhani's finance minister
Currency

Iran lawmakers target Rouhani's finance minister

Iranian lawmakers launched impeachment proceedings against the finance minister on Sunday, ramping up pressure on the president who is already facing attacks from hardliners over his handling of the economy in the face of new US sanctions. A group of 33 M
Published 20 Aug, 2018 12:00am
Iran says no Opec member can take over its share of oil exports

Iran says no Opec member can take over its share of oil exports

Iran told Opec on Sunday no member country should be allowed to take over another member''s share of oil exports, expressing Tehran''s concern about Saudi Arabia''s offer to pump more oil in the face of US sanctions on Iranian oil sales. In a meeting with
Published 20 Aug, 2018 12:00am
Iran says no Opec member can take over its share of oil exports

Iran says no Opec member can take over its share of oil exports

Iran told Opec on Sunday no member country should be allowed to take over another member's share of oil exports, expressing Tehran's concern about Saudi Arabia's offer to pump more oil in the face of US sanctions on Iranian oil sales. In a meeting with Op
Published 20 Aug, 2018 12:00am
Iran says no Opec member can take over its share of oil exports

Iran says no Opec member can take over its share of oil exports

Iran told Opec on Sunday no member country should be allowed to take over another member's share of oil exports, expressing Tehran's concern about Saudi Arabia's offer to pump more oil in the face of US sanctions on Iranian oil sales. In a meeting with Op
Published 20 Aug, 2018 12:00am
Pompeo likely to visit next month

Pompeo likely to visit next month

United States (US) Secretary of State Michael Pompeo is likely to visit Islamabad in the first week of September for consultations with Prime Minister Imran Khan and his team on issues of mutual interests, diplomatic and official sources said. Pompeo, who
Published 20 Aug, 2018 12:00am
Pompeo likely to visit next month

Pompeo likely to visit next month

United States (US) Secretary of State Michael Pompeo is likely to visit Islamabad in the first week of September for consultations with Prime Minister Imran Khan and his team on issues of mutual interests, diplomatic and official sources said. Pompeo, who
Published 20 Aug, 2018 12:00am
Presidential candidate: PPP nominates Aitzaz

Presidential candidate: PPP nominates Aitzaz

Pakistan People's Party (PPP) has nominated Chaudhry Aitzaz Ahasan as the party candidate for presidential elections scheduled to be held on Sep 04 and also sought the support of Pakistan Muslim League-Nawaz (PML-N). PPP sources told that the party leader
Published 20 Aug, 2018 12:00am
Presidential candidate: PPP nominates Aitzaz

Presidential candidate: PPP nominates Aitzaz

Pakistan People's Party (PPP) has nominated Chaudhry Aitzaz Ahasan as the party candidate for presidential elections scheduled to be held on Sep 04 and also sought the support of Pakistan Muslim League-Nawaz (PML-N). PPP sources told that the party leader
Published 20 Aug, 2018 12:00am
Leader of Opposition in NA: PPP extends support to Shahbaz

Leader of Opposition in NA: PPP extends support to Shahbaz

Pakistan People's Party (PPP) on Sunday extended support to Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif as leader of the opposition in National Assembly. Through a letter sent to Speaker National Assembly Asad Qaiser and signed by PPP ch
Published 20 Aug, 2018 12:00am
Leader of Opposition in NA: PPP extends support to Shahbaz

Leader of Opposition in NA: PPP extends support to Shahbaz

Pakistan People's Party (PPP) on Sunday extended support to Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif as leader of the opposition in National Assembly. Through a letter sent to Speaker National Assembly Asad Qaiser and signed by PPP ch
Published 20 Aug, 2018 12:00am
PTI's Buzdar becomes new Punjab CM

PTI's Buzdar becomes new Punjab CM

PTI's Sardar Usman Buzdar defeated PML-N's dynamic candidate Hamza Shahbaz in the election of Punjab Chief Minister on Sunday. He secured 186 votes, 27 more as compared to 159 polled for his rival. With Buzdar's election, Prime Minister Imran Khan's Pakis
Published 20 Aug, 2018 12:00am
PTI's Buzdar becomes new Punjab CM

PTI's Buzdar becomes new Punjab CM

PTI's Sardar Usman Buzdar defeated PML-N's dynamic candidate Hamza Shahbaz in the election of Punjab Chief Minister on Sunday. He secured 186 votes, 27 more as compared to 159 polled for his rival. With Buzdar's election, Prime Minister Imran Khan's Pakis
Published 20 Aug, 2018 12:00am
Economy in dire straits: PM

Economy in dire straits: PM

Prime Minister Imran Khan on Sunday chalked out his strategy for massive reforms in all the sectors particularly in Federal Board of Revenue (FBR) to widen the tax net, ending foreign borrowing and putting the country''''s sinking economy back on track.
Published 20 Aug, 2018 12:00am
Economy in dire straits: PM

Economy in dire straits: PM

Prime Minister Imran Khan on Sunday chalked out his strategy for massive reforms in all the sectors particularly in Federal Board of Revenue (FBR) to widen the tax net, ending foreign borrowing and putting the country''s sinking economy back on track.
Published 20 Aug, 2018 12:00am
Economy in dire straits: PM

Economy in dire straits: PM

Prime Minister Imran Khan on Sunday chalked out his strategy for massive reforms in all the sectors particularly in Federal Board of Revenue (FBR) to widen the tax net, ending foreign borrowing and putting the country's sinking economy back on track.
Published 20 Aug, 2018 12:00am
Economy in dire straits: PM

Economy in dire straits: PM

Prime Minister Imran Khan on Sunday chalked out his strategy for massive reforms in all the sectors particularly in Federal Board of Revenue (FBR) to widen the tax net, ending foreign borrowing and putting the country's sinking economy back on track.
Published 20 Aug, 2018 12:00am
Futures spread down by 172 basis points

Futures spread down by 172 basis points

The futures spread declined by 172bps to 4.71 percent on the last day of outgoing week. Trading activities on the futures counter remained thin as average daily volumes declined by 17.0 percent to 42.44 million shares. The average daily trading value decr
Published 20 Aug, 2018 12:00am
Futures spread down by 172 basis points

Futures spread down by 172 basis points

The futures spread declined by 172bps to 4.71 percent on the last day of outgoing week. Trading activities on the futures counter remained thin as average daily volumes declined by 17.0 percent to 42.44 million shares. The average daily trading value decr
Published 20 Aug, 2018 12:00am
Equities remain under pressure

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on August 17, 2018 due to selling in various sectors. BRIndex100 lost 44.5 points on week-on-week basis to close at 4,586.51 points. Average daily volumes stood at 145.451 mill
Published 20 Aug, 2018 12:00am
Equities remain under pressure

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on August 17, 2018 due to selling in various sectors. BRIndex100 lost 44.5 points on week-on-week basis to close at 4,586.51 points. Average daily volumes stood at 145.451 mill
Published 20 Aug, 2018 12:00am
Equities remain under pressure

Equities remain under pressure

Pakistan Stock Exchange remained under pressure during the outgoing week ended on August 17, 2018 due to selling in various sectors. BRIndex100 lost 44.5 points on week-on-week basis to close at 4,586.51 points. Average daily volumes stood at 145.451 mill
Published 20 Aug, 2018 12:00am
China offers to ease trade deficit

China offers to ease trade deficit

China has reportedly offered Pakistan to start bilateral trade in Renminbi (Yuan) to address the issue of widening trade deficit for which meetings with the State Bank of Pakistan (SBP) have already been held, well-informed sources told Business Recorder.
Published 20 Aug, 2018 12:00am
China offers to ease trade deficit

China offers to ease trade deficit

China has reportedly offered Pakistan to start bilateral trade in Renminbi (Yuan) to address the issue of widening trade deficit for which meetings with the State Bank of Pakistan (SBP) have already been held, well-informed sources told Business Recorder.
Published 20 Aug, 2018 12:00am
China offers to ease trade deficit

China offers to ease trade deficit

China has reportedly offered Pakistan to start bilateral trade in Renminbi (Yuan) to address the issue of widening trade deficit for which meetings with the State Bank of Pakistan (SBP) have already been held, well-informed sources told Business Recorder.
Published 20 Aug, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

An easier trend was witnessed on the money market as the rupee showed slight fall in relation to the dollar during the week, ended on August 18, 2018.
Published 20 Aug, 2018 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

An easier trend was witnessed on the money market as the rupee showed slight fall in relation to the dollar during the week, ended on August 18, 2018.
Published 20 Aug, 2018 12:00am
The Weather

The Weather

The weather report on Sunday (August 19, 2018) and the forecast for Monday (August 20, 2018).

Published 20 Aug, 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. (August 13 to 17, 2018).

Published 20 Aug, 2018 12:00am
'Hacky hack hack': Australia teen breaches Apple's secure network

'Hacky hack hack': Australia teen breaches Apple's secure network

A schoolboy who "dreamed" of working for Apple hacked the firm's computer systems, Australian media has reported, although the tech giant said Friday no customer data was compromised. The Children's Court of Victoria was told the teenager broke into Apple
Published 20 Aug, 2018 12:00am
Google employees sign protest letter over China search engine: NYT

Google employees sign protest letter over China search engine: NYT

Hundreds of Google employees have signed a protest letter over the company's reported work on a censor-friendly search engine to get back into China, The New York Times said Thursday. The employees are demanding more transparency so they can understand th
Published 20 Aug, 2018 12:00am
Whether you like or not: Google records your movements, researchers

Whether you like or not: Google records your movements, researchers

Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android devices and iPhones store your location data even if you've use
Published 20 Aug, 2018 12:00am
As Nvidia expands in artificial intelligence, Intel defends turf

As Nvidia expands in artificial intelligence, Intel defends turf

Nvidia Corp dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp. Nvidia chips dominate the AI training chip market, where
Published 20 Aug, 2018 12:00am
Cubans cheer as internet goes nationwide for a day

Cubans cheer as internet goes nationwide for a day

Cuba's government said it provided free internet to the Communist-run island's more than 5 million cellphone users on Tuesday, in an eight-hour test before it launches sales of the service. Cuba is one of the Western Hemisphere's least connected countries
Published 20 Aug, 2018 12:00am
Researchers find new security flaw in Intel chips

Researchers find new security flaw in Intel chips

Researchers have discovered a new security flaw that could let hackers pry information from supposedly secure virtual vaults in Intel chips, the company warned on Tuesday. Intel said software updates are already available and it did not appear anyone had
Published 20 Aug, 2018 12:00am
Nvidia rolls out new chip technology for filmmakers

Nvidia rolls out new chip technology for filmmakers

Nvidia Corp on Monday released a new generation of chips aimed at helping expand its business among movie makers and other graphics professionals. At a gathering of graphics professionals on Monday, Nvidia rolled out its newest generation of chip technolo
Published 20 Aug, 2018 12:00am
Lenovo achieves strong double-digit growth

Lenovo achieves strong double-digit growth

Lenovo Group on August 15, announced results for its first fiscal quarter ended June 30, 2018. For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Group revenue reached US$11.91 billion, up 19% year-on-year
Published 20 Aug, 2018 12:00am
Lenovo achieves strong double-digit growth

Lenovo achieves strong double-digit growth

Lenovo Group on August 15, announced results for its first fiscal quarter ended June 30, 2018. For the second straight quarter, Lenovo achieved strong double-digit growth in revenue year-on-year. Group revenue reached US$11.91 billion, up 19% year-on-year
Published 20 Aug, 2018 12:00am
DP World posts 2.1 percent drop in first half profit

DP World posts 2.1 percent drop in first half profit

DP World, one of the world's biggest port operators, posted a 2.1 percent drop in first-half net profit on Thursday, and cautioned about geopolitical risks and recent changes to trade policies. US President Donald Trump is taking a more aggressive, protec
Published 20 Aug, 2018 12:00am
DP World posts 2.1 percent drop in first half profit

DP World posts 2.1 percent drop in first half profit

DP World, one of the world's biggest port operators, posted a 2.1 percent drop in first-half net profit on Thursday, and cautioned about geopolitical risks and recent changes to trade policies. US President Donald Trump is taking a more aggressive, protec
Published 20 Aug, 2018 12:00am