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Print - 2018-09-19
Claimants of 'Naya' Pakistan squeezing the poor: PPP

Claimants of 'Naya' Pakistan squeezing the poor: PPP

Spokesman to Chairman Pakistan Peoples Party Bilawal Bhutto Zardari, Senator Mustafa Nawaz Khokhar Tuesday said that the claimants of new Pakistan have started economically squeezing the poor people of Pakistan.
Published 19 Sep, 2018 12:00am
Claimants of 'Naya' Pakistan squeezing the poor: PPP

Claimants of 'Naya' Pakistan squeezing the poor: PPP

Spokesman to Chairman Pakistan Peoples Party Bilawal Bhutto Zardari, Senator Mustafa Nawaz Khokhar Tuesday said that the claimants of new Pakistan have started economically squeezing the poor people of Pakistan.
Published 19 Sep, 2018 12:00am
Dams'' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Dams'' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Pakistan Railways has decided to increase Re 1, Rs 2 & Rs10 on ticket fare for Economy and Business Class, in order to play a vital role in Dam Fund contribution. Decision was taken on the directives of Federal Minister for Railways, Sheikh Rasheed Ahmed.
Published 19 Sep, 2018 12:00am
Dams' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Dams' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Pakistan Railways has decided to increase Re 1, Rs 2 & Rs10 on ticket fare for Economy and Business Class, in order to play a vital role in Dam Fund contribution. Decision was taken on the directives of Federal Minister for Railways, Sheikh Rasheed Ahmed.
Published 19 Sep, 2018 12:00am
Dams' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Dams' funds: Railways to increase fares by Re 1, Rs 2, Rs 10

Pakistan Railways has decided to increase Re 1, Rs 2 & Rs10 on ticket fare for Economy and Business Class, in order to play a vital role in Dam Fund contribution. Decision was taken on the directives of Federal Minister for Railways, Sheikh Rasheed Ahmed.
Published 19 Sep, 2018 12:00am
Apparently, accountability court's verdict was based on assumption: IHC

Apparently, accountability court's verdict was based on assumption: IHC

Irked by consistent National Accountability Bureau (NAB) delaying tactics, the Islamabad High Court (IHC) division bench on Tuesday passed an order, saying whether or not the anti-graft body completes its arguments, the bench will announce its verdict in
Published 19 Sep, 2018 12:00am
Apparently, accountability court's verdict was based on assumption: IHC

Apparently, accountability court's verdict was based on assumption: IHC

Irked by consistent National Accountability Bureau (NAB) delaying tactics, the Islamabad High Court (IHC) division bench on Tuesday passed an order, saying whether or not the anti-graft body completes its arguments, the bench will announce its verdict in
Published 19 Sep, 2018 12:00am
US ranks low on commitment to development, France drops: report

US ranks low on commitment to development, France drops: report

The United States ranks near the bottom of the list of countries with the best commitment to global development, while France dropped several places, a report released Tuesday found. The rankings showed Sweden claimed the top spot, overtaking Denmark, acc
Published 19 Sep, 2018 12:00am
US ranks low on commitment to development, France drops: report

US ranks low on commitment to development, France drops: report

The United States ranks near the bottom of the list of countries with the best commitment to global development, while France dropped several places, a report released Tuesday found. The rankings showed Sweden claimed the top spot, overtaking Denmark, acc
Published 19 Sep, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (September 18, 2018) and the forecast for Wednesday (September 19, 2018).

Published 19 Sep, 2018 12:00am
US ranks low on commitment to development, France drops: report

US ranks low on commitment to development, France drops: report

The United States ranks near the bottom of the list of countries with the best commitment to global development, while France dropped several places, a report released Tuesday found. The rankings showed Sweden claimed the top spot, overtaking Denmark, acc
Published 19 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 18, 2018).

Published 19 Sep, 2018 12:00am
Afghan, Bengali families: PM to seek opposition's advice on citizenship

Afghan, Bengali families: PM to seek opposition's advice on citizenship

Prime Minister Imran Khan Tuesday said that he will consult all the political parties before taking a final decision on grant of citizenship to Afghans and Bengalis who have been living in Pakistan for decades. Speaking on the floor of National Assembly,
Published 19 Sep, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (September 18, 2018).

Published 19 Sep, 2018 12:00am
Afghan, Bengali families: PM to seek opposition's advice on citizenship

Afghan, Bengali families: PM to seek opposition's advice on citizenship

Prime Minister Imran Khan Tuesday said that he will consult all the political parties before taking a final decision on grant of citizenship to Afghans and Bengalis who have been living in Pakistan for decades. Speaking on the floor of National Assembly,
Published 19 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Sep, 2018 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan and all banks will remain closed on 20th and 21st September, 2018 (Thursday and Friday) being 9th & 10th Muharram-ul-Haram, 1440 A H on the occasion of Ashura.
Published 19 Sep, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 19 Sep, 2018 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan and all banks will remain closed on 20th and 21st September, 2018 (Thursday and Friday) being 9th & 10th Muharram-ul-Haram, 1440 A H on the occasion of Ashura.
Published 19 Sep, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (September 18, 2018).

Published 19 Sep, 2018 12:00am
Bank holidays

Bank holidays

The State Bank of Pakistan and all banks will remain closed on 20th and 21st September, 2018 (Thursday and Friday) being 9th & 10th Muharram-ul-Haram, 1440 A H on the occasion of Ashura.
Published 19 Sep, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (September 18, 2018)

Published 19 Sep, 2018 12:00am
CoAS, CMC Vice Chairman discuss military cooperation

CoAS, CMC Vice Chairman discuss military cooperation

Chief of Army Staff (COAS) General Qamar Javed Bajwa called on General Zhang Youxia, Vice Chairman of the Central Military Commission (CMC) here on Tuesday. According to ISPR, Gen Zhang Youxia speaking on the occasion said that China greatly values its ti
Published 19 Sep, 2018 12:00am
CoAS, CMC Vice Chairman discuss military cooperation

CoAS, CMC Vice Chairman discuss military cooperation

Chief of Army Staff (COAS) General Qamar Javed Bajwa called on General Zhang Youxia, Vice Chairman of the Central Military Commission (CMC) here on Tuesday. According to ISPR, Gen Zhang Youxia speaking on the occasion said that China greatly values its ti
Published 19 Sep, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (September 18, 2018).

Published 19 Sep, 2018 12:00am
Syria downs Russian military plane during Israeli air strike

Syria downs Russian military plane during Israeli air strike

Syria accidentally shot down a Russian military aircraft, killing all 15 crew members, when its air defences swung into action against an Israeli missile strike, Russian and Israeli forces said Tuesday. The incident late Monday was the most deadly known c
Published 19 Sep, 2018 12:00am
Syria downs Russian military plane during Israeli air strike

Syria downs Russian military plane during Israeli air strike

Syria accidentally shot down a Russian military aircraft, killing all 15 crew members, when its air defences swung into action against an Israeli missile strike, Russian and Israeli forces said Tuesday. The incident late Monday was the most deadly known c
Published 19 Sep, 2018 12:00am
Five companies irked by non-execution of land lease in BQIP

Five companies irked by non-execution of land lease in BQIP

Five major companies with a proposed investment of about Rs 35 billion in Bin Qasim Industrial Park (BQIP), Karachi have been financially choked due to non-execution of land lease by Pakistan Steel Mills (PSM) and National Industrial Parks (NIP).
Published 19 Sep, 2018 12:00am
Five companies irked by non-execution of land lease in BQIP

Five companies irked by non-execution of land lease in BQIP

Five major companies with a proposed investment of about Rs 35 billion in Bin Qasim Industrial Park (BQIP), Karachi have been financially choked due to non-execution of land lease by Pakistan Steel Mills (PSM) and National Industrial Parks (NIP).
Published 19 Sep, 2018 12:00am
Five companies irked by non-execution of land lease in BQIP

Five companies irked by non-execution of land lease in BQIP

Five major companies with a proposed investment of about Rs 35 billion in Bin Qasim Industrial Park (BQIP), Karachi have been financially choked due to non-execution of land lease by Pakistan Steel Mills (PSM) and National Industrial Parks (NIP).
Published 19 Sep, 2018 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

The rupee dropped overnight gains against the dollar on the money market on Tuesday in the process of trading, dealers said.
Published 19 Sep, 2018 12:00am
IMF team due on September 26

IMF team due on September 26

An International Monetary Fund (IMF) Mission is visiting Islamabad from September 26 to October 04, 2018 for consultation with new economic team led by Finance Minister, Asad Umar under Article IV consultations.
Published 19 Sep, 2018 12:00am
THE RUPEE: rates slip
Currency

THE RUPEE: rates slip

The rupee dropped overnight gains against the dollar on the money market on Tuesday in the process of trading, dealers said.
Published 19 Sep, 2018 12:00am
IMF team due on September 26

IMF team due on September 26

An International Monetary Fund (IMF) Mission is visiting Islamabad from September 26 to October 04, 2018 for consultation with new economic team led by Finance Minister, Asad Umar under Article IV consultations.
Published 19 Sep, 2018 12:00am
Budget measures: woefully inadequate

Budget measures: woefully inadequate

Finance Minister Asad Umar has finally unveiled the much-awaited economic measures to correct the deteriorating economic conditions. A day earlier, the government, after considerable to-and-fro, also announced a hefty gas price adjustment.
Published 19 Sep, 2018 12:00am
Budget measures: woefully inadequate

Budget measures: woefully inadequate

Finance Minister Asad Umar has finally unveiled the much-awaited economic measures to correct the deteriorating economic conditions. A day earlier, the government, after considerable to-and-fro, also announced a hefty gas price adjustment.
Published 19 Sep, 2018 12:00am
Election 2018: Government decides to form commission

Election 2018: Government decides to form commission

The National Assembly on Tuesday passed a motion, authorizing the speaker to constitute a committee to finalize terms of reference (ToRs) with regard to investigation into allegations of rigging in July 25 election. The committee will be constituted in co
Published 19 Sep, 2018 12:00am
Election 2018: Government decides to form commission

Election 2018: Government decides to form commission

The National Assembly on Tuesday passed a motion, authorizing the speaker to constitute a committee to finalize terms of reference (ToRs) with regard to investigation into allegations of rigging in July 25 election. The committee will be constituted in co
Published 19 Sep, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (September 18, 2018).

Published 19 Sep, 2018 12:00am
PM arrives in Saudi Arabia amid bailout speculation
Currency

PM arrives in Saudi Arabia amid bailout speculation

Prime Minister Imran Khan Tuesday reached Madina Munawara on his first official visit to Saudi Arabia for holding talks with the Kingdom's leadership on bilateral cooperation, the Foreign Office said. Governor Medina Munawara Prince Faisal Bin Salman rece
Published 19 Sep, 2018 12:00am
PM arrives in Saudi Arabia amid bailout speculation
Currency

PM arrives in Saudi Arabia amid bailout speculation

Prime Minister Imran Khan Tuesday reached Madina Munawara on his first official visit to Saudi Arabia for holding talks with the Kingdom's leadership on bilateral cooperation, the Foreign Office said. Governor Medina Munawara Prince Faisal Bin Salman rece
Published 19 Sep, 2018 12:00am
Rates of RD on mobile phones rationalised

Rates of RD on mobile phones rationalised

The government has rationalized rates of regulatory duty (RD) on import of different categories of low, medium and high value mobile phones in the Finance Supplementary (Amendment) Bill, 2018. This has been stated in the statement of Federal Board of Reve
Published 19 Sep, 2018 12:00am
Rates of RD on mobile phones rationalised

Rates of RD on mobile phones rationalised

The government has rationalized rates of regulatory duty (RD) on import of different categories of low, medium and high value mobile phones in the Finance Supplementary (Amendment) Bill, 2018. This has been stated in the statement of Federal Board of Reve
Published 19 Sep, 2018 12:00am
Rates of RD on mobile phones rationalised

Rates of RD on mobile phones rationalised

The government has rationalized rates of regulatory duty (RD) on import of different categories of low, medium and high value mobile phones in the Finance Supplementary (Amendment) Bill, 2018. This has been stated in the statement of Federal Board of Reve
Published 19 Sep, 2018 12:00am
Bank levy raised; exemptions for public servants withdrawn

Bank levy raised; exemptions for public servants withdrawn

The government has increased withholding tax rate from 0.4 percent to 0.6 percent on banking transactions of non-filers, withdrawn exemptions for public-office holders including provincial governors/federal ministers, abolished requirement for filing retu
Published 19 Sep, 2018 12:00am
Bank levy raised; exemptions for public servants withdrawn

Bank levy raised; exemptions for public servants withdrawn

The government has increased withholding tax rate from 0.4 percent to 0.6 percent on banking transactions of non-filers, withdrawn exemptions for public-office holders including provincial governors/federal ministers, abolished requirement for filing retu
Published 19 Sep, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 19 Sep, 2018 12:00am
Bank levy raised; exemptions for public servants withdrawn

Bank levy raised; exemptions for public servants withdrawn

The government has increased withholding tax rate from 0.4 percent to 0.6 percent on banking transactions of non-filers, withdrawn exemptions for public-office holders including provincial governors/federal ministers, abolished requirement for filing retu
Published 19 Sep, 2018 12:00am
Board meetings in progress

Board meetings in progress

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

Published 19 Sep, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Tuesday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.00 points or 1.95 percent to close at 4,433.29. BRIndex100 touched intraday high of 4,438.64 and intraday low of 4,332.42 points. Volu
Published 19 Sep, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 19 Sep, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Tuesday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.00 points or 1.95 percent to close at 4,433.29. BRIndex100 touched intraday high of 4,438.64 and intraday low of 4,332.42 points. Volu
Published 19 Sep, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Sep, 2018 12:00am
BRIndex100 turns green

BRIndex100 turns green

Pakistan Stock Exchange Tuesday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.00 points or 1.95 percent to close at 4,433.29. BRIndex100 touched intraday high of 4,438.64 and intraday low of 4,332.42 points. Volu
Published 19 Sep, 2018 12:00am
US, China escalate trade war

US, China escalate trade war

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump''s planned levies on $200 billion worth of Chinese goods. The tit-for
Published 19 Sep, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 19 Sep, 2018 12:00am
US, China escalate trade war

US, China escalate trade war

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on $200 billion worth of Chinese goods. The tit-for-
Published 19 Sep, 2018 12:00am
US, China escalate trade war

US, China escalate trade war

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of US products to its import tariff list in retaliation for President Donald Trump's planned levies on $200 billion worth of Chinese goods. The tit-for-
Published 19 Sep, 2018 12:00am
What would have been a better policy option?

What would have been a better policy option?

Asad Umar, the federal finance minister, presented a supplementary budget requiring a simple majority in the national assembly for its passage, though it contains few revenue measures that would raise the hackles of any powerful pressure group.
Published 19 Sep, 2018 12:00am
What would have been a better policy option?

What would have been a better policy option?

Asad Umar, the federal finance minister, presented a supplementary budget requiring a simple majority in the national assembly for its passage, though it contains few revenue measures that would raise the hackles of any powerful pressure group.
Published 19 Sep, 2018 12:00am
Minister raises the alarm about external account

Minister raises the alarm about external account

Finance Minister Asad Umar said on Tuesday that external account deficit has reached a dangerous level with stagnant exports and the country has been taking more loans to repay the debt.
Published 19 Sep, 2018 12:00am
Minister raises the alarm about external account

Minister raises the alarm about external account

Finance Minister Asad Umar said on Tuesday that external account deficit has reached a dangerous level with stagnant exports and the country has been taking more loans to repay the debt.
Published 19 Sep, 2018 12:00am
Minister raises the alarm about external account

Minister raises the alarm about external account

Finance Minister Asad Umar said on Tuesday that external account deficit has reached a dangerous level with stagnant exports and the country has been taking more loans to repay the debt.
Published 19 Sep, 2018 12:00am
Salaried individuals: Seven tax slabs introduced

Salaried individuals: Seven tax slabs introduced

The government has introduced seven tax slabs for salaried individuals and eight tax slabs for non-salaried individuals with no increase in tax burden upon salaried individuals/non-salaried individuals deriving monthly income up to Rs 200,000. Through the
Published 19 Sep, 2018 12:00am
Salaried individuals: Seven tax slabs introduced

Salaried individuals: Seven tax slabs introduced

The government has introduced seven tax slabs for salaried individuals and eight tax slabs for non-salaried individuals with no increase in tax burden upon salaried individuals/non-salaried individuals deriving monthly income up to Rs 200,000. Through the
Published 19 Sep, 2018 12:00am
Salaried individuals: Seven tax slabs introduced

Salaried individuals: Seven tax slabs introduced

The government has introduced seven tax slabs for salaried individuals and eight tax slabs for non-salaried individuals with no increase in tax burden upon salaried individuals/non-salaried individuals deriving monthly income up to Rs 200,000. Through the
Published 19 Sep, 2018 12:00am
PML-N government overestimated revenue, underestimated expenditure: Umar

PML-N government overestimated revenue, underestimated expenditure: Umar

Federal Finance Minister Asad Umar said on Tuesday that fiscal deficit for 2017-18 was 6.6 percent, about the same as what was inherited by the Pakistan Muslim League-Nawaz (PML-N) when it came to power in June 2013. Presenting a Finance Supplementary (am
Published 19 Sep, 2018 12:00am
PML-N government overestimated revenue, underestimated expenditure: Umar

PML-N government overestimated revenue, underestimated expenditure: Umar

Federal Finance Minister Asad Umar said on Tuesday that fiscal deficit for 2017-18 was 6.6 percent, about the same as what was inherited by the Pakistan Muslim League-Nawaz (PML-N) when it came to power in June 2013. Presenting a Finance Supplementary (am
Published 19 Sep, 2018 12:00am
PML-N government overestimated revenue, underestimated expenditure: Umar

PML-N government overestimated revenue, underestimated expenditure: Umar

Federal Finance Minister Asad Umar said on Tuesday that fiscal deficit for 2017-18 was 6.6 percent, about the same as what was inherited by the Pakistan Muslim League-Nawaz (PML-N) when it came to power in June 2013. Presenting a Finance Supplementary (am
Published 19 Sep, 2018 12:00am
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