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Nov 09, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-09-18
Budget optimism lifts Italy's bonds

Budget optimism lifts Italy's bonds

Italian bond yields tumbled on Monday, as a report that Italy's economy minister is set on preventing the 2019 budget deficit rising above 1.6 percent of domestic output boosted investor hopes for a market-friendly budget. Bond yields in Cyprus also fell
Published 18 Sep, 2018 12:00am
Budget optimism lifts Italy's bonds

Budget optimism lifts Italy's bonds

Italian bond yields tumbled on Monday, as a report that Italy's economy minister is set on preventing the 2019 budget deficit rising above 1.6 percent of domestic output boosted investor hopes for a market-friendly budget. Bond yields in Cyprus also fell
Published 18 Sep, 2018 12:00am
European stocks keep steady amid tariffs fears; H&M surges

European stocks keep steady amid tariffs fears; H&M surges

European shares recovered from a weak start on Monday and closed in positive territory after a choppy session amid reports US President Trump plans new 10 percent tariffs on $200 billion of Chinese imports. The pan-European STOXX 600 reversed early losses
Published 18 Sep, 2018 12:00am
Brazilian equities up

Brazilian equities up

Brazil's benchmark Bovespa equities index rose more than 1 percent in morning trade on Monday as the expiry of options contracts and moves among some heavily weighed stocks offset concerns about the outcome of October's presidential election. Monthly opti
Published 18 Sep, 2018 12:00am
Australian share up, New Zealand flat

Australian share up, New Zealand flat

Australian shares rose on Monday as gains in financials outweighed a sharp fall in health care stocks which were hammered by the news of a public inquiry into the aged-care system. The S&P/ASX 200 index rose 0.3 percent or 19.70 points to 6,185.00 at the
Published 18 Sep, 2018 12:00am
UK shares flat as market awaits US trade move

UK shares flat as market awaits US trade move

UK shares were broadly unchanged at the close on Monday after a choppy session as investors waited for the next move in the trade dispute between China and the United States.
Published 18 Sep, 2018 12:00am
Petrobras to boost oil output in 2019, cut debt $10 billion

Petrobras to boost oil output in 2019, cut debt $10 billion

Brazil's state-run oil giant Petr?leo Brasileiro SA aims to raise output as much as 10 percent to around 2.3 million barrels per day (bpd) in 2019 and cut net debt by $10 billion, Chief Financial Officer Rafael Grisolia told Reuters.
Published 18 Sep, 2018 12:00am
Abu Dhabi to sell over 25 percent of Spain's Cepsa

Abu Dhabi to sell over 25 percent of Spain's Cepsa

Abu Dhabi's state investor plans to float at least 25 percent of Spain's Cepsa by the end of 2018, the energy company announced Monday, in what would be the largest listing in a decade on the Madrid stock exchange. Cepsa, which operates across the entire
Published 18 Sep, 2018 12:00am
Macron eyes purchasing power boost to ease reform fatigue

Macron eyes purchasing power boost to ease reform fatigue

With his popularity ratings in freefall, French President Emmanuel Macron is counting on a rebound in family purchasing power to keep voters from turning against his reforms. Macron's government has lined up several tax cuts taking effect in the coming mo
Published 18 Sep, 2018 12:00am
Amazon probing staff data leaks

Amazon probing staff data leaks

Amazon is investigating allegations that some of its staff sold confidential customer data to third party companies particularly in China, the online giant confirmed on Sunday. According to a Wall Street Journal report, which did not give figures, employe
Published 18 Sep, 2018 12:00am
IMF making progress on new Argentina crisis loan deal
Currency

IMF making progress on new Argentina crisis loan deal

International Monetary Fund officials are "making important progress" on a new crisis loan deal for troubled Argentina, which continues to see its currency decline, the fund said Monday. The team in Buenos Aires continues work to agree on a new package of
Published 18 Sep, 2018 12:00am
Over 28 percent of Japanese population old

Over 28 percent of Japanese population old

More than 28 percent of Japan's population is now officially classified as elderly according to government data, the highest rate in the world as the first wave of postwar baby boomers enter old age. Those aged 65 or older now make up a record 35.6 millio
Published 18 Sep, 2018 12:00am
Watchdog criticises Credit Suisse over FIFA money laundering

Watchdog criticises Credit Suisse over FIFA money laundering

Credit Suisse showed serious "deficiencies" in its efforts to prevent money laundering when dealing with FIFA, Brazilian oil giant Petrobras and Venezuela's state energy company, Switzerland's financial watchdog said Monday.
Published 18 Sep, 2018 12:00am
Germany rolls out world's first hydrogen train

Germany rolls out world's first hydrogen train

Germany on Monday rolled out the world's first hydrogen-powered train, signalling the start of a push to challenge the might of polluting diesel trains with costlier but more eco-friendly technology.
Published 18 Sep, 2018 12:00am
SpaceX counts down to reveal mystery Moon traveler

SpaceX counts down to reveal mystery Moon traveler

SpaceX says it will reveal on Monday the name of the mysterious passenger it plans to send into orbit around the Moon, an ambitious project spearheaded by eccentric CEO Elon Musk. An event to unveil the first lunar traveler since the last US Apollo missio
Published 18 Sep, 2018 12:00am
Algeria will take back its citizens illegally in Germany

Algeria will take back its citizens illegally in Germany

Algeria will take back its citizens illegally residing in Germany, Prime Minister Ahmed Ouyahia pledged Monday during a visit by the country's Chancellor Angela Merkel. "I confirm that Algeria will bring its citizens back, whether it's a matter of 3,000 o
Published 18 Sep, 2018 12:00am
Japan conducts first submarine drill in South China Sea

Japan conducts first submarine drill in South China Sea

Japan has carried out its first submarine drill in the South China Sea, local media said on Monday, a move that could provoke Beijing which claims most of the disputed waters. The anti-submarine drill was conducted on Thursday in the region to "improve st
Published 18 Sep, 2018 12:00am
Mauritania's ruling party sweeps polls

Mauritania's ruling party sweeps polls

Mauritania's ruling party swept legislative, municipal and local elections, according to final results announced Monday, in a key test before a presidential poll seven months away. The Union for the Republic (UPR) party of President Mohamed Ould Abdel Azi
Published 18 Sep, 2018 12:00am
Sri Lanka president tells diplomats: pick up phone or pack up

Sri Lanka president tells diplomats: pick up phone or pack up

Sri Lanka's president on Monday justified his decision to sack six diplomats - including an ambassador - for not answering his phone calls, saying more would follow if the foreign service did not shape up. Maithripala Sirisena was criticised for the shock
Published 18 Sep, 2018 12:00am
Japan's Murakami snubs 'alternative' Nobel prize

Japan's Murakami snubs 'alternative' Nobel prize

Thanks, but no thanks: Japanese author Haruki Murakami, a finalist for the "alternative Nobel Literature Prize", has withdrawn his nomination, telling organisers he wants to focus on work and avoid the spotlight. The New Academy Prize in Literature was fo
Published 18 Sep, 2018 12:00am
Protests paralyse Ethiopia capital after violence kills 23

Protests paralyse Ethiopia capital after violence kills 23

Demonstrators flooded the Ethiopian capital Addis Ababa on Monday, blocking roads and shutting businesses in an explosion of anger following the killing of 23 people on the city's outskirts over the weekend. The unrest in Ethiopia's largest city was the l
Published 18 Sep, 2018 12:00am
US, Russia clash at UN over North Korea sanctions

US, Russia clash at UN over North Korea sanctions

The United States on Monday accused Russia of "cheating" on UN sanctions against North Korea with plans for a railway project, oil transfers and ongoing business dealings with Pyongyang. Russia shot back and charged that Washington was blocking steps to f
Published 18 Sep, 2018 12:00am
Two dead after migrant boat capsizes off Turkey

Two dead after migrant boat capsizes off Turkey

Two women died and sixteen other mainly Iraqi migrants, including eight children, were rescued on Monday after their boat capsized off the southwestern Turkish coast, the coastguard said. The coastguard intervened to rescue the migrants after they were al
Published 18 Sep, 2018 12:00am
Major fire engulfs homes in downtown Hanoi

Major fire engulfs homes in downtown Hanoi

Firefighters late Monday battled a major blaze in central Hanoi that engulfed several homes near a children's hospital and sent panicked residents running for safety. There were no deaths or injuries reported hours after the fire started in a crowded part
Published 18 Sep, 2018 12:00am
Knife attacker wounds Belgian police officer

Knife attacker wounds Belgian police officer

A Belgian police officer received a knife wound to the head and his alleged attacker was shot and seriously wounded on Monday, Brussels police said. The city prosecutor's office said the attacker was a Belgian national "of Egyptian origin" who was born in
Published 18 Sep, 2018 12:00am
US shale oil production to rise to 7.6 million bpd

US shale oil production to rise to 7.6 million bpd

Oil output from seven major shale formations in the United States is expected to rise by 79,000 barrels per day to 7.6 million bpd in October, the US Energy Information Administration said Monday.
Published 18 Sep, 2018 12:00am
Oil near flat as market weighs US-China trade tensions, Iran sanctions

Oil near flat as market weighs US-China trade tensions, Iran sanctions

Oil prices were little changed on Monday as the market weighed deepening trade tension between the US and China that is expected to dent global crude demand and potential supply tightening due to Iran sanctions. Brent crude futures dipped 4 cents to settl
Published 18 Sep, 2018 12:00am
Typhoon has limited impact on China sugar

Typhoon has limited impact on China sugar

Typhoon Mangkhut did not damage China's sugarcane crop as severely as expected and its impact on sugar output is likely to be limited, two analysts and a sugar producer told Reuters. Shares in China's major sugar producers jumped on Monday as investors wo
Published 18 Sep, 2018 12:00am
EU crop monitor trims maize, sugar beet yields again

EU crop monitor trims maize, sugar beet yields again

The effects of a summer drought have continued to weigh on crops in the European Union despite less severe conditions in the past month, the EU's crop monitoring service said on Monday, as it trimmed its outlook for 2018 maize and sugar beet yields.
Published 18 Sep, 2018 12:00am
Arabica coffee falls to over 12-year low, sugar slumps
Currency

Arabica coffee falls to over 12-year low, sugar slumps

Arabica coffee futures on ICE fell to the lowest in more than 12 years on Monday, pressured by ample global supplies and the weak Brazilian currency, while sugar prices tumbled more than 4 percent on the possibility of strong Indian exports. December arab
Published 18 Sep, 2018 12:00am
Gold edges up in Asia

Gold edges up in Asia

Gold inched up on Monday as investors looked for short-term gains using the metal's recent narrow trading range, amid increasing Sino-US trade tensions and prospects of further interest rate hikes by the US Federal Reserve. Spot gold was up 0.2 percent at
Published 18 Sep, 2018 12:00am
Gold climbs in Europe
Currency

Gold climbs in Europe

A softer dollar and short-covering lifted gold on Monday after two sessions of declines, but investors prepared for more weakness as simmering US-China trade tensions suggested the currency would stay supported. Spot gold was up 0.7 percent at $1,201.01 a
Published 18 Sep, 2018 12:00am
US MIDDAY: corn falls

US MIDDAY: corn falls

US corn futures fell nearly 1 percent on Monday, with nearby months hitting contract lows as the harvest of a bumper crop picked up speed in the Midwest and early yield reports were strong, traders said. Soyabean futures also declined on harvest progress,
Published 18 Sep, 2018 12:00am
US MIDDAY: gold gains

US MIDDAY: gold gains

A softer dollar and short-covering lifted gold on Monday after two sessions of declines, but investors braced for more US-China trade tensions, with some buying bullion as a safe haven.
Published 18 Sep, 2018 12:00am
Number of 3G, 4G users reaches 58.56 million by August

Number of 3G, 4G users reaches 58.56 million by August

The number of 3G and 4G users in Pakistan reached 58.56 million by end-August 2018, said Pakistan Telecommunication Authority (PTA). The number of mobile phone users in Pakistan reached 151.09 million by end-August 2018 compared to 150.55 million by end-J
Published 18 Sep, 2018 12:00am
CRCC VP meets secretary Planning

CRCC VP meets secretary Planning

Vice President China Railway Construction Corporation Limited (CRCC) Yang Jinjun called on Secretary Planning Zafar Hassan in his office on Monday.
Published 18 Sep, 2018 12:00am
Farmers advised to stop burning of crop residuals

Farmers advised to stop burning of crop residuals

The Punjab Agriculture Department (PAD) has announced to monitor the burning of crop residuals and warned of strict action against those involved in this practice. A spokesman of the agriculture department said on Monday that Punjab is facing severe chall
Published 18 Sep, 2018 12:00am
Pakistan Oxygen Limited (formerly Linde Pakistan Limited)

Pakistan Oxygen Limited (formerly Linde Pakistan Limited)

Pakistan Oxygen Limited (PSX: PAKOXY) has gone by many names since it was incorporated as a private limited company in 1949. Converted to a public limited company in 1958, it was renamed BOC Pakistan in 1995. BOC and Linde AG, Germany merged to form the L
Published 18 Sep, 2018 12:00am
Pakistan Oxygen Limited (formerly Linde Pakistan Limited)

Pakistan Oxygen Limited (formerly Linde Pakistan Limited)

Pakistan Oxygen Limited (PSX: PAKOXY) has gone by many names since it was incorporated as a private limited company in 1949. Converted to a public limited company in 1958, it was renamed BOC Pakistan in 1995. BOC and Linde AG, Germany merged to form the L
Published 18 Sep, 2018 12:00am
10th of Muharram: Cellular services to remain partially suspended: CCPO

10th of Muharram: Cellular services to remain partially suspended: CCPO

The Punjab police have decided to partially suspend cellular service on the routes of main mourning procession on 10th of Muharram. "Keeping in view the prevailing security challenges, we have decided to partially suspend cellular service in Lahore on the
Published 18 Sep, 2018 12:00am
Pakistan urged to use Swedish technology

Pakistan urged to use Swedish technology

Pakistan should utilize Swedish technology for value addition of its local products, said Ahmed Hussain Dayo Pakistani ambassador to Sweden. Talking to a 10-member FCCI (Faisalabad Chamber of Commerce & Industry) delegation, he said that Swedish investors
Published 18 Sep, 2018 12:00am
Country's survival lies in construction of new dams: Buzdar

Country's survival lies in construction of new dams: Buzdar

Punjab Chief Minister Sardar Usman Buzdar on Monday said the country's survival lies in the construction of new dams and the passion with which the people are giving donations is praiseworthy. "The government is the custodian of every penny of the nation
Published 18 Sep, 2018 12:00am
Khaadi donates Rs 30 million to dams' fund

Khaadi donates Rs 30 million to dams' fund

Khaadi, Pakistan's premier fashion brand announced that it will donate rupees 30 million for the Diamer Basha and Mohmand Dam Fund. The announcement was made during a fund raising ceremony at the Governor House Karachi as part of Prime Minister, Imran Kha
Published 18 Sep, 2018 12:00am
PU launches online admission system

PU launches online admission system

For the first time in the history of Punjab University, the administration has launched online admission system in all its honors/master's level academic programs on the directions of PU Vice Chancellor Prof Niaz Ahmad from the current academic session. O
Published 18 Sep, 2018 12:00am
Nawaz, Maryam visit Kulsoom's grave before leaving for jail

Nawaz, Maryam visit Kulsoom's grave before leaving for jail

Former prime minister Nawaz Sharif, his daughter Maryam Nawaz and son-in-law Captain Safder (retd) visited the grave of Kulsoom Nawaz at Jati Umra before they were taken back to Rawalpindi's Adiala Jail after the end of five-day parole granted to them by
Published 18 Sep, 2018 12:00am
Punjab THQs hospitals asked to improve performance in 60 days

Punjab THQs hospitals asked to improve performance in 60 days

Punjab Minister for Health Dr Yasmin Rashid has given 60 days deadline to all tehsil headquarters (THQs) hospitals across the Punjab to improve their performance and warned "in future ACRs of medical officers and those of administrative officers shall be
Published 18 Sep, 2018 12:00am
HEC's TDF projects start yielding results

HEC's TDF projects start yielding results

The projects approved under Technology Development Fund (TDF), an initiative of the Higher Education Commission (HEC) to provide financial and technical support for development of products and prototypes, have started yielding outcomes.
Published 18 Sep, 2018 12:00am
Experts propose to declare Bhasha Dam a public limited company

Experts propose to declare Bhasha Dam a public limited company

The energy sector experts have floated a proposal of declaring Bhasha Dam Project a public limited company and offer its shares to the public for sale. They said the public should buy these shares for dividends besides owning the dam. "A share price of Rs
Published 18 Sep, 2018 12:00am
LCCI donates Rs 10 million to PM's dams fund

LCCI donates Rs 10 million to PM's dams fund

Lahore Chamber of Commerce & Industry President Malik Tahir Javaid in a meeting with Prime Minister Imran Khan donated Rs10 million to the PM Dam Fund.
Published 18 Sep, 2018 12:00am
Gurmani Centre at LUMS holds expo of renowned photographer Arif Mahmood

Gurmani Centre at LUMS holds expo of renowned photographer Arif Mahmood

The Gurmani Centre for Languages and Literature at Lahore University of Management Sciences (LUMS) held an exhibition of the work of renowned photographer, Arif Mahmood, where he discussed his project 'Napier Street' and highlighted some of his photograph
Published 18 Sep, 2018 12:00am
Islamabad Police conduct flag march

Islamabad Police conduct flag march

The Islamabad Police Monday conducted flag march with an objective to maintain peace and tranquility in the city during Muharram-ul-Haram. The flag march was conducted under the supervision of SP (City) Aamir Khan Niazi and was participated by all SDPOs a
Published 18 Sep, 2018 12:00am
PIA flight delayed over security threat

PIA flight delayed over security threat

PIA flight PK 595 for Sukkur-Karachi with departure time of 2:45 pm on Monday was delayed due to security check, on information from Sukkur Police to Airport Security Force for bomb threat. The information was received at 2:40 pm just before the pushback.
Published 18 Sep, 2018 12:00am
Norinco Group, PBIT sign memo for $20 million investment

Norinco Group, PBIT sign memo for $20 million investment

China's state owned Norinco Group will invest $20 million for the establishment of state of the art manufacturing unit in Punjab. Norinco Group has signed an MoU with Punjab Board of Investment & Trade (PBIT) in connection with establishment of the produc
Published 18 Sep, 2018 12:00am
Country to overcome all challenges under PM leadership: minister

Country to overcome all challenges under PM leadership: minister

Provincial Minister for Information & Culture Fayaz-ul-Hassan Chohan has said that Pakistan will overcome all the challenges with a renowned vigour under the leadership of Prime Minister Imran Khan, who is blessed with the acumen to steer the nation to su
Published 18 Sep, 2018 12:00am
KP food authority launches operation in educational institutes

KP food authority launches operation in educational institutes

Khyber Pakhtunkhwa Food Safety and Halal Food Authority on Monday launched operation school mission across the Province. A Communiqué shared with media reads that Operation Mission School kicked off in all seven divisional districts after receiving number
Published 18 Sep, 2018 12:00am
Government plans to introduce policies to benefit workers: Afridi

Government plans to introduce policies to benefit workers: Afridi

Minister of State for Interior Shehryar Khan Afridi on Monday said that national security is the top priority of the government and there would be no compromise on it. Addressing the concluding session of a two-day "Strategy Workshop Promoting Labor Stand
Published 18 Sep, 2018 12:00am
Economic corridor: Two hydel projects to be take up with China

Economic corridor: Two hydel projects to be take up with China

The Pakistan Tehreek-e-Insaf (PTI) government will take up the construction of two proposed hydel projects for financing under the China-Pakistan Economic Corridor (CPEC) in the next meeting with the Chinese government.
Published 18 Sep, 2018 12:00am
LHC approached against hurdles

LHC approached against hurdles

A citizen has approached the Lahore High Court against erection of barricades around residence of opposition leader in Punjab Assembly Hamza Sahbaz. The petitioner Munir Ahmed through Azhar Siddique pleaded that hurdles have been created in the name of se
Published 18 Sep, 2018 12:00am
Faiz Mohammad elected unopposed SCCI president

Faiz Mohammad elected unopposed SCCI president

Faiz Mohammad elected unopposed as President of Sarhad Chamber of Commerce and Industry (SCCI) for the next term 2018-19, while Saad Khan Zahid and Haris Mufti were elected senior vice-president and vice-president respectively unopposed, respectively. The
Published 18 Sep, 2018 12:00am
Nepra initiates legal proceedings against KE

Nepra initiates legal proceedings against KE

National Electric Power Regulatory Authority (Nepra) has initiated legal proceedings against K-Electric for purportedly failing to maintain its distribution network. An eight-year-old boy was critically injured after a high tension wire fell on his left a
Published 18 Sep, 2018 12:00am
1.4 million Afghan DPs, 700,000 undocumented living in country

1.4 million Afghan DPs, 700,000 undocumented living in country

Nearly 1.4 million Afghan refugees and 700,000 undocumented Afghans currently live in Pakistan. Many are women and girls who have suffered unspeakable trauma on their journey to safety. Based on MISP estimates, there are more than 56,000 pregnant women, w
Published 18 Sep, 2018 12:00am
Measures taken to secure prisoners jailed abroad

Measures taken to secure prisoners jailed abroad

Ministry of Foreign Affairs has taken measures to provide legal assistance to Pakistani prisoners languishing in foreign jails for their alleged involvement in heinous crimes, including drug smuggling and illegal immigration, for speedy justice. The Senat
Published 18 Sep, 2018 12:00am
'Edotco will not acquire PMCL towers'

'Edotco will not acquire PMCL towers'

Edotco Group Sdn Bhd ("edotco"), a subsidiary of Axiata Group Berhad ("Axiata"), Monday announced that they will not be moving forward with the acquisition of 13,000 towers from Pakistan Mobile Communications Limited ("PMCL") in Pakistan.
Published 18 Sep, 2018 12:00am
Partly Facetious: Zardari at Jati Umra

Partly Facetious: Zardari at Jati Umra

"I know one thing about Pakistani protocol - the person who is the last one to enter the venue is the one with the real power."
Published 18 Sep, 2018 12:00am
Illegal hooks, encroachments severe public safety hazard: KE

Illegal hooks, encroachments severe public safety hazard: KE

K-Electric (KE) reiterates that illegal hook connections and encroachments around power infrastructure is a severe public safety hazard. The power utility has also identified illegal settlements/encroachments around power infrastructure across its network
Published 18 Sep, 2018 12:00am
NBP to invest in system upgrade for boosting digital banking

NBP to invest in system upgrade for boosting digital banking

In order to facilitate customer, National Bank of Pakistan (NBP) has decided to invest in the system upgradation for digital banking. Talking to mediapersons Monday at NBP head office, Tariq Jamali, Acting President and Chief Executive Officer (CEO) Natio
Published 18 Sep, 2018 12:00am
PM's help sought for release of rice containers stuck in Kenya

PM's help sought for release of rice containers stuck in Kenya

Rice exporters have sought help from the Prime Minister for release of consignments stuck at Kenyan ports for the last six weeks. Since August 2, 2018, some 600 containers loaded with Pakistani rice have been stuck at Mombasa, Kenyan Port because Kenyan c
Published 18 Sep, 2018 12:00am
PSX holidays

PSX holidays

Pakistan Stock Exchange Limited will remain closed on Thursday and Friday (September 20 & 21) on account of Ashura; 9th and 10th of Muharram, 1440 A.H. This was announced by PSX through a notice issued to all TRE certificate holders, staff and concerned.
Published 18 Sep, 2018 12:00am
Musharraf donates Rs 15 million to dams' fund

Musharraf donates Rs 15 million to dams' fund

Former military dictator and All Pakistan Muslim League (APML) chairman General Pervez Musharraf (retd) has announced to donate Rs15 million into the dams fund. The announcement was made on the official twitter handle of the APML.
Published 18 Sep, 2018 12:00am
Body formed to investigate use of luxury vehicles in Sindh

Body formed to investigate use of luxury vehicles in Sindh

Sindh Chief Minister (CM) Syed Murad Ali Shah on Monday constituted a three-member committee to probe into use of luxury vehicles under provincial government. The committee comprises three provincial ministers including minister for excise and taxation. M
Published 18 Sep, 2018 12:00am
Karachi Shipyard hands over 32-T BP Tug to Navy

Karachi Shipyard hands over 32-T BP Tug to Navy

Handing Over ceremony of 32 T Bollard Pull (BP) Tug built for Pakistan Navy was held at Karachi Shipyard and Engineering Works (KS&EW) on Monday. Rear Admiral Ather Mukhtar HI (M), Deputy Chief of Naval Staff (Project) graced the occasion as Chief Guest.
Published 18 Sep, 2018 12:00am
PM needs time, support to make house in order: Hamdard Shura

PM needs time, support to make house in order: Hamdard Shura

Speakers at Shura Hamdard Karachi chapter meeting have urged people to give time to new government to resolve national problems while the government channelize energy and passion of youth in reconstruction of the country.
Published 18 Sep, 2018 12:00am
Meezan Bank, Honda Atlas Cars Pakistan sign MoU

Meezan Bank, Honda Atlas Cars Pakistan sign MoU

Meezan Bank has signed a Memorandum of Understanding with Honda Atlas Cars Pakistan Ltd to provide exclusive value-added services to its customers. Arshad Majeed Group Head Consumer Finance, Meezan Bank signed the MoU along with Hironobu Yoshmimura CEO of
Published 18 Sep, 2018 12:00am
Sindh ADP slashed by Rs 24 billion to Rs 228 billion

Sindh ADP slashed by Rs 24 billion to Rs 228 billion

Sindh's Annual Development Plan (ADP) has been slashed by Rs 24 billion to Rs228 billion from Rs252 billion for financial year 2018-19 after facing the shortfall in federal transfers. Sindh Chief Minister Syed Murad Ali Shah presenting the Sindh budget 20
Published 18 Sep, 2018 12:00am
Customs values of chewing gum, mint revised

Customs values of chewing gum, mint revised

Directorate General Customs Valuation (DGCV) has revised the customs values of chewing gum and mint under sub-section (7) of the section 25 of the Customs Act, 1969.
Published 18 Sep, 2018 12:00am
Chinese delegation meets minister

Chinese delegation meets minister

Federal Minister for Education and Professional Training, Shafqat Mahmood was called on by a Chinese delegation led by China's Ambassador to Pakistan Yao Jing. The education minister welcomed the Chinese delegation.
Published 18 Sep, 2018 12:00am
PK-71 by-poll: ECP urged to take notice of code of conduct violation

PK-71 by-poll: ECP urged to take notice of code of conduct violation

The expected candidate of Awami National Party (ANP) for by-election KP-71, Salahuddin has demanded of the Election Commission of Pakistan to take notice against using of government machinery and violation of code of conduct ahead of by-election in provin
Published 18 Sep, 2018 12:00am
LHC seeks suggestion to conserve clean water

LHC seeks suggestion to conserve clean water

The Lahore High Court on Monday directed the secretary for housing & urban Punjab to come up with suggestions on Tuesday (today) to stop waste of clean water. Petitioner Abdullah Malik of Civil Society Network pleaded that clean water was being wasted by
Published 18 Sep, 2018 12:00am
Senate panel dismayed over EPA's lack of facilities

Senate panel dismayed over EPA's lack of facilities

The Senate Standing Committee on Climate Change Monday expressed dismay while reviewing the status of international protocols and agreements regarding climate change, as Environmental Protection Agency (EPA) is faced with shortage of resources to ensure t
Published 18 Sep, 2018 12:00am
Eight injured in Kharan blast

Eight injured in Kharan blast

At least eight people were injured in a hand grenade blast near Kharan's Bazaar area on Monday. According to police sources, a security forces vehicle was patrolling in the area when unknown men riding a motorbike hurled hand grenades at the vehicle which
Published 18 Sep, 2018 12:00am
Outgoing Canadian HC calls on Qureshi

Outgoing Canadian HC calls on Qureshi

Perry John Calderwood, the outgoing Canadian High Commissioner in Islamabad called on Foreign Minister Shah Mahmood Qureshi at the Ministry of Foreign Affairs earlier on Monday. The foreign minister appreciated the contributions of the outgoing Canadian h
Published 18 Sep, 2018 12:00am
Five outlaws held

Five outlaws held

The police arrested five outlaws, recovered weapons, looted cash and other valuables from their possession, during separate actions in the metropolis on Monday. After exchange of fire with culprits fleeing after committing a robbery in Federal 'B' Area of
Published 18 Sep, 2018 12:00am
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