Print - 2018-08-21
Hugging CoAS Sedition case filed against Sidhu in Bihar court

Hugging CoAS Sedition case filed against Sidhu in Bihar court

A sedition case was filed against cricketer-turned-politician Navjot Singh Sidhu for hugging Pakistan's Chief of Army Staff (CoAS). Sidhu, a Minister in Congress-led government in Punjab, is under attack for hugging the Pakistan Army Chief, by the BJP and
Published 21 Aug, 2018 12:00am
Nawaz, sons: references to be heard simultaneously

Nawaz, sons: references to be heard simultaneously

The Accountability Court hearing corruption cases against former Prime Minister Nawaz Sharif and his sons on Monday decided that the hearing of Al-Azizia Steel Mills and the Flagship Investment references will be conducted simultaneously to decide the cas
Published 21 Aug, 2018 12:00am
FO clarifies Qureshi's statement on Modi's letter

FO clarifies Qureshi's statement on Modi's letter

The Foreign Office has to clarify the first statement of Foreign Minister Shah Mehmood Qureshi when he stated on Monday that Indian Prime Minister Narendra Modi in a letter to Prime Minister Imran Khan has expressed desire for resumption of stalled dialog
Published 21 Aug, 2018 12:00am
FO clarifies Qureshi's statement on Modi's letter

FO clarifies Qureshi's statement on Modi's letter

The Foreign Office has to clarify the first statement of Foreign Minister Shah Mehmood Qureshi when he stated on Monday that Indian Prime Minister Narendra Modi in a letter to Prime Minister Imran Khan has expressed desire for resumption of stalled dialog
Published 21 Aug, 2018 12:00am
Lira remains under pressure: Erdogan invokes patriotism, Islam
Currency

Lira remains under pressure: Erdogan invokes patriotism, Islam

President Tayyip Erdogan appealed to Turks' religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought "to their knees" by an economic crisis that has battered the lira currency. The lira has tumbled so
Published 21 Aug, 2018 12:00am
Lira remains under pressure: Erdogan invokes patriotism, Islam
Currency

Lira remains under pressure: Erdogan invokes patriotism, Islam

President Tayyip Erdogan appealed to Turks' religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought "to their knees" by an economic crisis that has battered the lira currency. The lira has tumbled so
Published 21 Aug, 2018 12:00am
Lira remains under pressure: Erdogan invokes patriotism, Islam
Currency

Lira remains under pressure: Erdogan invokes patriotism, Islam

President Tayyip Erdogan appealed to Turks'' religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought "to their knees" by an economic crisis that has battered the lira currency. The lira has tumbled s
Published 21 Aug, 2018 12:00am
Lira remains under pressure: Erdogan invokes patriotism, Islam
Currency

Lira remains under pressure: Erdogan invokes patriotism, Islam

President Tayyip Erdogan appealed to Turks'''' religious and patriotic feelings ahead of a major Muslim holiday on Monday, promising they would not be brought "to their knees" by an economic crisis that has battered the lira currency. The lira has tumbled
Published 21 Aug, 2018 12:00am
Turkey detains two men over shooting at US embassy in Ankara

Turkey detains two men over shooting at US embassy in Ankara

Turkish authorities detained two men suspected of shooting at the US Embassy in the capital Ankara on Monday, in an attack that coincides with increased tensions between the two NATO allies over the trial of a US pastor in Turkey.
Published 21 Aug, 2018 12:00am
Turkey detains two men over shooting at US embassy in Ankara

Turkey detains two men over shooting at US embassy in Ankara

Turkish authorities detained two men suspected of shooting at the US Embassy in the capital Ankara on Monday, in an attack that coincides with increased tensions between the two NATO allies over the trial of a US pastor in Turkey.
Published 21 Aug, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Due to selling in various sectors, Pakistan Stock Exchange ended on a negative note on the last day before long Eid holidays. BRIndex100 closed at 4,585.74 points, down 0.77 points or 0.02 percent on Monday. BRIndex100 touched intraday high of 4,609.63 an
Published 21 Aug, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Due to selling in various sectors, Pakistan Stock Exchange ended on a negative note on the last day before long Eid holidays. BRIndex100 closed at 4,585.74 points, down 0.77 points or 0.02 percent on Monday. BRIndex100 touched intraday high of 4,609.63 an
Published 21 Aug, 2018 12:00am
BRIndex100 rangebound

BRIndex100 rangebound

Due to selling in various sectors, Pakistan Stock Exchange ended on a negative note on the last day before long Eid holidays. BRIndex100 closed at 4,585.74 points, down 0.77 points or 0.02 percent on Monday. BRIndex100 touched intraday high of 4,609.63 an
Published 21 Aug, 2018 12:00am
Government mulling over fiscal year 2019 budget future

Government mulling over fiscal year 2019 budget future

While terming the budget 2018-19 presented by the previous government unrealistic, Finance Minister Asad Umar Monday announced that either the government will formally announce a new budget or the existing budget will be amended. "The budget presented by
Published 21 Aug, 2018 12:00am
Government mulling over fiscal year 2019 budget future

Government mulling over fiscal year 2019 budget future

While terming the budget 2018-19 presented by the previous government unrealistic, Finance Minister Asad Umar Monday announced that either the government will formally announce a new budget or the existing budget will be amended. "The budget presented by
Published 21 Aug, 2018 12:00am
Government mulling over fiscal year 2019 budget future

Government mulling over fiscal year 2019 budget future

While terming the budget 2018-19 presented by the previous government unrealistic, Finance Minister Asad Umar Monday announced that either the government will formally announce a new budget or the existing budget will be amended. "The budget presented by
Published 21 Aug, 2018 12:00am
16-member cabinet takes oath

16-member cabinet takes oath

Prime Minister Imran Khan's 16-member Federal Cabinet took oath of office at President House on Monday. President Mamnoon Hussain administered oath to the Ministers at a simple but impressive ceremony at Aiwan-e-Sadr. The ceremony was attended, among othe
Published 21 Aug, 2018 12:00am
16-member cabinet takes oath

16-member cabinet takes oath

Prime Minister Imran Khan's 16-member Federal Cabinet took oath of office at President House on Monday. President Mamnoon Hussain administered oath to the Ministers at a simple but impressive ceremony at Aiwan-e-Sadr. The ceremony was attended, among othe
Published 21 Aug, 2018 12:00am
Shahbaz declared as Leader of Opposition in NA

Shahbaz declared as Leader of Opposition in NA

President Pakistan Muslim League-Nawaz (PML-N) Mian Shahbaz Sharif has been declared as the leader of opposition in National Assembly. An application with signatures of 111 lawmakers was submitted to the National Assembly speaker to nominate Sharif as Lea
Published 21 Aug, 2018 12:00am
Shahbaz declared as Leader of Opposition in NA

Shahbaz declared as Leader of Opposition in NA

President Pakistan Muslim League-Nawaz (PML-N) Mian Shahbaz Sharif has been declared as the leader of opposition in National Assembly. An application with signatures of 111 lawmakers was submitted to the National Assembly speaker to nominate Sharif as Lea
Published 21 Aug, 2018 12:00am
Ehsan Mani made PCB chief

Ehsan Mani made PCB chief

Prime Minister Imran Khan Monday appointed former International Cricket Council (ICC) President Ehsan Mani as the new chairman of Pakistan Cricket Board (PCB) after Najam Sethi resigned from the post. Prime Minister Khan said in a tweet: "He [Ehsan Mani]
Published 21 Aug, 2018 12:00am
Ehsan Mani made PCB chief

Ehsan Mani made PCB chief

Prime Minister Imran Khan Monday appointed former International Cricket Council (ICC) President Ehsan Mani as the new chairman of Pakistan Cricket Board (PCB) after Najam Sethi resigned from the post. Prime Minister Khan said in a tweet: "He [Ehsan Mani]
Published 21 Aug, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 21 Aug, 2018 12:00am
Mahathir calls for China's help with fiscal problems

Mahathir calls for China's help with fiscal problems

Malaysian Prime Minister Mahathir Mohamad called on China's leadership Monday to help solve his country's fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor. The 93-year-old leader, who return
Published 21 Aug, 2018 12:00am
Mahathir calls for China's help with fiscal problems

Mahathir calls for China's help with fiscal problems

Malaysian Prime Minister Mahathir Mohamad called on China's leadership Monday to help solve his country's fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor. The 93-year-old leader, who return
Published 21 Aug, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 21 Aug, 2018 12:00am
Mahathir calls for China''s help with fiscal problems

Mahathir calls for China''s help with fiscal problems

Malaysian Prime Minister Mahathir Mohamad called on China''s leadership Monday to help solve his country''s fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor. The 93-year-old leader, who retu
Published 21 Aug, 2018 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Aug, 2018 12:00am
Mahathir calls for China''''s help with fiscal problems

Mahathir calls for China''''s help with fiscal problems

Malaysian Prime Minister Mahathir Mohamad called on China''''s leadership Monday to help solve his country''''s fiscal problems, as he tries to revise major Beijing-backed projects signed under his scandal-plagued predecessor. The 93-year-old leader, who
Published 21 Aug, 2018 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Pakistan Stock Exchange.

Published 21 Aug, 2018 12:00am
July current account posts over $2 billion deficit

July current account posts over $2 billion deficit

The country's current account posted a deficit of over $2 billion in July 2018 followed by a higher goods' import bill. Economists said the higher trade deficit is the primary reason behind this growing current account deficit. Although, the State Bank of
Published 21 Aug, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Aug, 2018 12:00am
July current account posts over $2 billion deficit

July current account posts over $2 billion deficit

The country's current account posted a deficit of over $2 billion in July 2018 followed by a higher goods' import bill. Economists said the higher trade deficit is the primary reason behind this growing current account deficit. Although, the State Bank of
Published 21 Aug, 2018 12:00am
July current account posts over $2 billion deficit

July current account posts over $2 billion deficit

The country''s current account posted a deficit of over $2 billion in July 2018 followed by a higher goods'' import bill. Economists said the higher trade deficit is the primary reason behind this growing current account deficit. Although, the State Bank
Published 21 Aug, 2018 12:00am
US service member killed

US service member killed

A US service member was killed and several other troops injured when their helicopter crashed during anti-jihadi operations in Iraq, officials said Monday. The crash appeared to have been accidental, as there were no indications it was caused by hostile f
Published 21 Aug, 2018 12:00am
US service member killed

US service member killed

A US service member was killed and several other troops injured when their helicopter crashed during anti-jihadi operations in Iraq, officials said Monday. The crash appeared to have been accidental, as there were no indications it was caused by hostile f
Published 21 Aug, 2018 12:00am
Accountability ordinance has no lawful effect, IHC told

Accountability ordinance has no lawful effect, IHC told

Islamabad High Court (IHC) was urged to declare that National Accountability Ordinance (NAO) 1999 ceased to exist after the promulgation of the 18th Amendment and insertion of Article 270-AA in the Constitution; therefore, all convictions under it, includ
Published 21 Aug, 2018 12:00am
Accountability ordinance has no lawful effect, IHC told

Accountability ordinance has no lawful effect, IHC told

Islamabad High Court (IHC) was urged to declare that National Accountability Ordinance (NAO) 1999 ceased to exist after the promulgation of the 18th Amendment and insertion of Article 270-AA in the Constitution; therefore, all convictions under it, includ
Published 21 Aug, 2018 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

Bears persisted on the money market on Monday as the rupee showed weakness in terms of the dollar in the process of trading activity, dealers said. The rupee lost 23 paisas in relation to the US currency for buying and selling at Rs 124.23 and Rs 124.27 r
Published 21 Aug, 2018 12:00am
ECB fines France's Credit Agricole over capital reserves

ECB fines France's Credit Agricole over capital reserves

The European Central Bank said Monday it had fined French lender Credit Agricole a total of 4.8 million euros ($5.5 million) over past irregularities in the way it declared its capital reserves. The ECB said in a statement it slapped Credit Agricole (CA)
Published 21 Aug, 2018 12:00am
THE RUPEE: weak trend
Currency

THE RUPEE: weak trend

Bears persisted on the money market on Monday as the rupee showed weakness in terms of the dollar in the process of trading activity, dealers said. The rupee lost 23 paisas in relation to the US currency for buying and selling at Rs 124.23 and Rs 124.27 r
Published 21 Aug, 2018 12:00am
ECB fines France's Credit Agricole over capital reserves

ECB fines France's Credit Agricole over capital reserves

The European Central Bank said Monday it had fined French lender Credit Agricole a total of 4.8 million euros ($5.5 million) over past irregularities in the way it declared its capital reserves. The ECB said in a statement it slapped Credit Agricole (CA)
Published 21 Aug, 2018 12:00am
ECB fines France''s Credit Agricole over capital reserves

ECB fines France''s Credit Agricole over capital reserves

The European Central Bank said Monday it had fined French lender Credit Agricole a total of 4.8 million euros ($5.5 million) over past irregularities in the way it declared its capital reserves. The ECB said in a statement it slapped Credit Agricole (CA)
Published 21 Aug, 2018 12:00am
Hugging CoAS Sedition case filed against Sidhu in Bihar court

Hugging CoAS Sedition case filed against Sidhu in Bihar court

A sedition case was filed against cricketer-turned-politician Navjot Singh Sidhu for hugging Pakistan's Chief of Army Staff (CoAS). Sidhu, a Minister in Congress-led government in Punjab, is under attack for hugging the Pakistan Army Chief, by the BJP and
Published 21 Aug, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 20, 2018).

Published 21 Aug, 2018 12:00am
PML-N not prepared to support Aitzaz

PML-N not prepared to support Aitzaz

Pakistan Muslim League-Nawaz (PML-N) is unlikely to extend support to the Pakistan People's Party (PPP) nominated candidate for presidential election Barrister Aitzaz Ahsan. The way the PPP had ditched the PML-N nominees in the elections of the PM and Pun
Published 21 Aug, 2018 12:00am
Usman Buzdar takes oath as 26th Punjab CM

Usman Buzdar takes oath as 26th Punjab CM

After having been elected as Leader of the House in the first session of the 17th Punjab Assembly, Sardar Usman Buzdar Monday was sworn in as the 26th Chief Minister of Punjab putting an end of 10-year rule of the PML-N in the country's biggest province.
Published 21 Aug, 2018 12:00am
FWMC chalks out plan for disposal of sacrificial animals' waste

FWMC chalks out plan for disposal of sacrificial animals' waste

Faisalabad Waste Management Company (FWMC) has chalked out comprehensive and elaborated cleanliness plan for prompt disposal of sacrificial animals waste during Eidul Azha days. This was revealed by MD FWMC Colonel Emad Gill during a media briefing. Manag
Published 21 Aug, 2018 12:00am
Experts hope new measures for increasing tax returns

Experts hope new measures for increasing tax returns

Tax experts have expressed hope that the new government of Pakistan Tehreek-e-Insaf (PTI) will take measures to increase the number of income tax returns under the reform of Federal Board of Revenue (FBR) drive. Talking to Business Recorder, they also str
Published 21 Aug, 2018 12:00am
BISE Lahore announces SSC Part 1 result

BISE Lahore announces SSC Part 1 result

The Board of Intermediate and Secondary Education (BISE), Lahore, has declared the result of secondary school (Class IX) annual examination, 2018. According to a notification issued by the board on Monday, 258,000 candidates appeared in the examination, o
Published 21 Aug, 2018 12:00am
Business community pins high hopes on PTI-led government

Business community pins high hopes on PTI-led government

Reacting to Prime Minister Imran Khan's maiden speech to the nation, the business community has expressed optimism that the new government will be able to pull the country out of multiple challenges being faced by the country. They hoped that the new gove
Published 21 Aug, 2018 12:00am
Eid-ul-Azha holidays in Sindh

Eid-ul-Azha holidays in Sindh

The Sindh Labour and Human Resources department has declared August 21 to 24 (Tuesday, Wednesday, Thursday and Friday) as public Holidays on the occasion of Eid-ul-Azha to be observed by all workers in the Province of Sindh.
Published 21 Aug, 2018 12:00am
China ready to work together with Imran

China ready to work together with Imran

China on Monday reiterated its willingness to work together with newly elected Prime Minister Imran Khan to enhance friendly exchanges in various fields, accelerate the construction of China Pakistan Economic Corridor (CPEC) and promote greater developmen
Published 21 Aug, 2018 12:00am
NAB chairman, PG directed to appear in CJP's chamber

NAB chairman, PG directed to appear in CJP's chamber

The Supreme Court on Monday took exception to a practice by the National Accountability Bureau (NAB) of leaking information to media. "The NAB has no right to ridicule anyone and we would not allow this kind of accountability," observed Chief Justice Mian
Published 21 Aug, 2018 12:00am
Khalid assumes charge of Ministry for IT & Telecommunications

Khalid assumes charge of Ministry for IT & Telecommunications

Federal Minister Dr Khalid Maqbool Siddiqui on Monday assumed the charge of Ministry for Information Technology and Telecommunication to implement an ambitious agenda of Pakistan Tehreek-e-Insaf-led coalition government for knowledge economy and digitisat
Published 21 Aug, 2018 12:00am
Rashid vows to reduce Railways losses

Rashid vows to reduce Railways losses

Federal Minister for Railways Sheikh Rashid Ahmed Monday expressed his resolve to initiate efficient train service, overcome losses, stop political interference and transform Pakistan Railways into an innovative and corruption-free organization. Addressin
Published 21 Aug, 2018 12:00am
Bakhtyar pays his maiden visit to his ministry's office

Bakhtyar pays his maiden visit to his ministry's office

Newly appointed federal minister for Planning, Development and Reform, Makhdum Khusro Bakhtyar paid his maiden visit to his office in the ministry on Monday. While assuming his duties he was briefed about the details of the federal development portfolio a
Published 21 Aug, 2018 12:00am
Eid holidays: CTP finalises foolproof security arrangements

Eid holidays: CTP finalises foolproof security arrangements

Islamabad Capital Territory Police Monday finalized all arrangements to ensure foolproof security in the federal capital during Eid holidays from August 21 to 23. As many as 2,000 policemen have been deployed across the capital to maintain law and order d
Published 21 Aug, 2018 12:00am
Ahsan accuses Imran of misleading nation on foreign debt

Ahsan accuses Imran of misleading nation on foreign debt

Pakistan Muslim League-Nawaz (PML-N) leader Ahsan Iqbal on Monday accused Prime Minister Imran Khan of misleading the nation on foreign debt. Speaking at a news conference, he said that Prime Minister Khan in his first speech to the nation mentioned that
Published 21 Aug, 2018 12:00am
CS orders steps to maintain historical status of 'The Mall'

CS orders steps to maintain historical status of 'The Mall'

Chief Secretary Punjab Akbar Durrani on Monday directed the authorities concerned to take into consideration the design, safety standards and traffic management before giving approval for construction of new buildings at The Mall to maintain its historica
Published 21 Aug, 2018 12:00am
Rain likely during Eid holidays

Rain likely during Eid holidays

Spokesman of Met-Office informed that weak monsoon currents are prevailing in upper parts of the country which seems to be strengthening from Friday. Under these conditions the expected weather during Eid days would be; Rain-thundershower with gusty winds
Published 21 Aug, 2018 12:00am
GIZ, BCI, LSF sign cooperation agreement
Cotton

GIZ, BCI, LSF sign cooperation agreement

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), Better Cotton Initiative (BCI) and Lok Sanjh Foundation (LSF) signed a cooperation agreement under its International Water Stewardship Programme (IWaSP) on Monday to address shared water r
Published 21 Aug, 2018 12:00am
Shahbaz appears before NAB

Shahbaz appears before NAB

Former Punjab chief minister Shahbaz Sharif on Monday appeared before the National Accountability Bureau (NAB) in a probe pertaining to Ashiana-e-Iqbal Housing scheme, Punjab Power Development Company (PPDC) and corruption in the Punjab Saaf Pani Company
Published 21 Aug, 2018 12:00am
Nepalese Deputy PM congratulates Qureshi

Nepalese Deputy PM congratulates Qureshi

Krishna Bahadur Mahara, Deputy Prime Minister and Minister for Foreign Affairs of Nepal telephoned Shah Mehmood Qureshi Monday to congratulate him on assuming charge as foreign minister of Pakistan. Qureshi expressed his admiration for the resolve and det
Published 21 Aug, 2018 12:00am