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Print - 2018-10-05
Zardari slams violence on students

Zardari slams violence on students

Condemning brutal violence on students in Peshawar, former President Asif Ali Zardari said that it is most unfortunate to torture these students who were protesting in demand of their rights. He said that the 'change' has been exposed and the people who h
Published 05 Oct, 2018 12:00am
Dry weather likely for most parts of country

Dry weather likely for most parts of country

The Met Office on Thursday forecast mainly dry weather for the most parts of the country in the next 24 hours. However, an isolated rain-thunderstorm with gusty winds is expected in Malakand, Hazara, Mardan and Rawalpindi divisions, besides Islamabad, Kas
Published 05 Oct, 2018 12:00am
34,773 Pakistanis visited Malaysia in first half of 2018

34,773 Pakistanis visited Malaysia in first half of 2018

Malaysia has recorded 34,773 tourists from Pakistan during January to June 2018, depicting a growth of 29.4 percent as compared to the preceding period. This was stated by Malaysian Consul General Khairul Nazran Abdur Rahman during his visit to Tourism Ma
Published 05 Oct, 2018 12:00am
PTCL signs MoU with SAP

PTCL signs MoU with SAP

Pakistan Telecommunication Company Limited (PTCL) signed a Memorandum of Understanding (MoU) with SAP, a global technology company, to enhance Cloud-based digital business transformation, vital for enabling Pakistan Vision 2025, especially in agriculture,
Published 05 Oct, 2018 12:00am
SalamAir expands operations to Khartoum, Najaf and Dhaka

SalamAir expands operations to Khartoum, Najaf and Dhaka

SalamAir, Oman's first budget airline has expanded its wings to Khartoum, Kathmandu, Najaf and Dhaka. Speaking at a press briefing held on the sidelines of Pakistan Travel Mart (PTM) 2018, Country Manager SalamAir Nawaz Hussain said that with the addition
Published 05 Oct, 2018 12:00am
PBIF chief for revolutionary reforms in tourism sector

PBIF chief for revolutionary reforms in tourism sector

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasized the need for revolutionary reforms in tourism sector. He said that there is a huge potential of tourism in Pakistan. From Balochistan to KPK there are various
Published 05 Oct, 2018 12:00am
Lyari gangster Ghaffar Zikri, son, accomplice killed

Lyari gangster Ghaffar Zikri, son, accomplice killed

The 'most wanted' gangster Ghaffar Zikri and his abettor were killed in a targeted operation in Lyari early on Thursday. Zikri had used his 3-year-old son as a human shield to escape during the encounter with police and rangers. Unfortunately, the minor c
Published 05 Oct, 2018 12:00am
UAF student bags 1st prize in DICE festival

UAF student bags 1st prize in DICE festival

The University of Agriculture Faisalabad's student Muhammad Usman bagged the first position in the Distinguished Innovations, Collaboration and Entrepreneurship (DICE) festival for developing Invelox Wind Turbine enabling producing cheap and environmental
Published 05 Oct, 2018 12:00am
Hanif Abbasi shifted to Kot Lakhpat Jail

Hanif Abbasi shifted to Kot Lakhpat Jail

Former Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi was shifted on Thursday from Attock Jail to Kot Lakhpat Jail on medical grounds. "Abbasi has been shifted due to his bad health condition and lack of adequate medical facility in the Attock p
Published 05 Oct, 2018 12:00am
Choudhary Waseem Akhtar appointed Vice Chairperson OPC

Choudhary Waseem Akhtar appointed Vice Chairperson OPC

The Punjab Government has appointed Choudhary Waseem Akhtar as Vice Chairperson Overseas Pakistanis Commission (OPC) Punjab. Choudhary Waseem Akhtar carries Engineering and MBA degrees from prestigious educational institutions of UK and Singapore.
Published 05 Oct, 2018 12:00am
Siraj slams police torture on PU students

Siraj slams police torture on PU students

Chief of Jamaat-e-Islami Senator Sirajul Haq has condemned the police baton charge and the arrests of Peshawar University students protesting against increase in varsity fee. Terming the students as the future of the nation and a nursery of democracy, the
Published 05 Oct, 2018 12:00am
PML-N to resist dissolution of LG system in Punjab: Hamza

PML-N to resist dissolution of LG system in Punjab: Hamza

Opposition leader in the Punjab Assembly Hamza Shahbaz Sharif said on Thursday that Pakistan Muslim League (N) will exhaust all options besides moving courts if the present government tried to dissolve the local government system in Punjab. He said this d
Published 05 Oct, 2018 12:00am
Sarhadi elected APCAA vice chairman

Sarhadi elected APCAA vice chairman

Prominent businessman and former Senior Vice President of Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia-ul-Haq Sarhadi has been elected for third consecutive year as Vice Chairman All Pakistan Custom Agents Association (APCAA).
Published 05 Oct, 2018 12:00am
VC vows to make Karachi University a world-class academy

VC vows to make Karachi University a world-class academy

Karachi University's Vice Chancellor Prof Dr Muhammad Ajmal Khan on Thursday said that the computerized roll numbers and smart cards have been issued implementing Enterprise Resource Planning System (ERP System) and paper-free culture.
Published 05 Oct, 2018 12:00am
PML-N government sealed CPEC contract in haste: Firdous

PML-N government sealed CPEC contract in haste: Firdous

The 8th CPEC Sustainable Shipping, Logistics and Supply Chain Management Conference and Exhibition ended on Thursday. Speaking at the ceremony, Opposition Leader in Sindh Assembly Firdous Shamim Naqvi criticized the previous government saying PML-N had ma
Published 05 Oct, 2018 12:00am
Dam fund Banks told to change title of account

Dam fund Banks told to change title of account

The State Bank of Pakistan (SBP) has directed banks to change the title of dam fund account. According to a circular issued Thursday, the Supreme Court of Pakistan in its order in the Constitution Petition No.57 of 2016, has inter alia directed that the t
Published 05 Oct, 2018 12:00am
Cash management: SBP facilitates banks in DAP

Cash management: SBP facilitates banks in DAP

The State Bank of Pakistan (SBP) has made necessary developments in Data Acquisition Portal (DAP) to facilitate banks in submission of daily cash position. In September 2016, banks were asked for submission of denomination-wise and branch-wise monthly sto
Published 05 Oct, 2018 12:00am
NFC Award: provinces urged to reconfirm non-statutory members

NFC Award: provinces urged to reconfirm non-statutory members

Finance Ministry has reminded the provincial governments that they are yet to nominate or reconfirm their non-statutory members for National Finance Commission (NFC) Award. Sources said that the present government is keen to initiate discussion on NFC awa
Published 05 Oct, 2018 12:00am
IFC signs agreement with Gap Inc in Pakistan

IFC signs agreement with Gap Inc in Pakistan

IFC, a member of the World Bank Group, has signed an agreement with leading global apparel company, Gap Inc in Pakistan to boost resource efficiency in its operations and drive long-term sustainability. Under the agreement - the first of its kind in Pakis
Published 05 Oct, 2018 12:00am
IFC signs agreement with Gap Inc in Pakistan

IFC signs agreement with Gap Inc in Pakistan

IFC, a member of the World Bank Group, has signed an agreement with leading global apparel company, Gap Inc in Pakistan to boost resource efficiency in its operations and drive long-term sustainability. Under the agreement - the first of its kind in Pakis
Published 05 Oct, 2018 12:00am
Envoy's appointment: hearing adjourned

Envoy's appointment: hearing adjourned

Islamabad High Court on Thursday adjourned the hearing for one week in a petition challenging the appointment of Ali Jahangir Siddiqui as Pakistan's Ambassador to the US. A single bench of IHC comprising Justice Athar Minallah conducted the hearing of a p
Published 05 Oct, 2018 12:00am
Rawalpindi NAB DG visits Federal Judicial Complex

Rawalpindi NAB DG visits Federal Judicial Complex

Director General of National Accountability Bureau (NAB) Rawalpindi, Irfan Mangi, who was also member of joint investigation team (JIT) that probed Panama Papers case, Thursday, visited Federal Judicial Complex where the accountability courts hearing corr
Published 05 Oct, 2018 12:00am
PM briefed on MoIT&T's Working

PM briefed on MoIT&T's Working

Prime Minister Imran Khan on Thursday chaired a briefing on Ministry of Information Technology and Telecommunication at Prime Minister's Office. The briefing was attended by Minister for Finance Asad Umar, Minister for IT & Telecom Dr Khalid Maqbool Siddi
Published 05 Oct, 2018 12:00am
MoDP told to expeditiously complete Gwadar Shipyard

MoDP told to expeditiously complete Gwadar Shipyard

A parliamentary panel has directed the Ministry of Defence Production and other relevant departments to expedite completion of Gwadar Shipyard with an aim to facilitate cargo ships likely to dock on Gwadar Port in connection with China-Pakistan Economic C
Published 05 Oct, 2018 12:00am
Dawood to look into affairs of PSM

Dawood to look into affairs of PSM

The Imran Khan led government has yet to prepare future plan for Pakistan Steel Mills (PSM) which remains non operational since June 10, 2015 due to a reduction in natural gas pressure by SSGC.
Published 05 Oct, 2018 12:00am
Government decides to replace HC to London

Government decides to replace HC to London

The government has initiated a disciplinary action against Pakistan's High Commissioner in London Sahibzada Ahmad Khan and decided to replace him. Foreign Office Spokesperson Dr Mohammad Faisal, while responding a question during his weekly media briefing
Published 05 Oct, 2018 12:00am
Ministry not happy with NIP

Ministry not happy with NIP

Ministry of Industries and Production is reportedly unhappy with the NIP (National Industrial Parks Development & Management Company) for not providing basic facilities to five companies which are at various stages in the construction of their plants in B
Published 05 Oct, 2018 12:00am
SC orders removal of name of ex-CJP's son-in-law from ECL

SC orders removal of name of ex-CJP's son-in-law from ECL

The Supreme Court on Thursday ordered to remove the name of former Chief Justice Iftikhar Muhammad Chaudhry's son-in-law from the Exit Control List (ECL). While briefing the media persons, Federal Information Minister Fawad Chaudhry on September 26 had st
Published 05 Oct, 2018 12:00am
PPP-P sees yet another U-turn on IMF 'bailout'

PPP-P sees yet another U-turn on IMF 'bailout'

Pakistan Peoples Party Parliamentarians Thursday said Pakistan Tehreek-e-Insaf (PTI) government has not made its position clear on possible agreement with the International Monetary Fund (IMF) but the PPP-P can safely predict that there will be another U-
Published 05 Oct, 2018 12:00am
Partly Facetious: Shahbaz Sharif's accusation

Partly Facetious: Shahbaz Sharif's accusation

"What did you think of Asad Umar's response to Shahbaz Sharif's Urdu proverb of a cat compromised by its own actions, you know when Shahbaz Sharif accused the PTI government of misstating achievements of his brother's administration."
Published 05 Oct, 2018 12:00am
Government urged to set up authority to boost halal products' export

Government urged to set up authority to boost halal products' export

Senior Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Syed Mazhar Ali Nasir has said that despite being a Muslim country, Pakistan's share in the global Halal trade was merely 0.25 per cent which can be increased by upg
Published 05 Oct, 2018 12:00am
The 'mini-budget'

The 'mini-budget'

The PTI government has finally succeeded in getting the Finance Supplementary Amendment Bill passed by the National Assembly by majority vote. The upshot of the amendment happens to be the issue of tax filers and non-filers as the latter category would ag
Published 05 Oct, 2018 12:00am
Foreign drugs rare commodity in sanctions-hit Iran
Currency

Foreign drugs rare commodity in sanctions-hit Iran

"Talk of sanctions on Iran reemerged, and my essential medicine was no longer available," said Masoud Mir who suffers from thalassaemia, a genetic blood disease common in Iran. Mir, 36, is one of many patients in the Islamic Republic who not only have to
Published 05 Oct, 2018 12:00am
Understanding hybrid warfare

Understanding hybrid warfare

Gone are the days of fighting wars in the conventional manner; today's strategy combines conventional warfare, irregular tactics and terrorist acts, including subverting the media by using the advertising power of financial institutions, and maybe of the
Published 05 Oct, 2018 12:00am
Bridging tax gap - I

Bridging tax gap - I

Tax gap of a country is measured by the amount of tax that remains uncollected due to non-compliance with tax laws A study, 'Pakistan Tax Gaps: Estimates by Tax Calculation and Methodology', jointly undertaken by the Federal Board of Revenue (FBR) and the
Published 05 Oct, 2018 12:00am
Another U-turn
Currency

Another U-turn

The PTI government in its relatively short time in office has betrayed a tendency to go off half-cocked on important policy decisions and then be forced, once the implications come back amidst fresh controversies virtually every day, to retreat (popularly
Published 05 Oct, 2018 12:00am
'State is not as weak as it appears'

'State is not as weak as it appears'

The National Assembly passed the Finance Supplementary (Amendment) Bill 2018 with a majority vote as expected with one significant change: a ban on non-filers from purchasing property valued at 5 million rupees or above and luxury vehicles was restored wi
Published 05 Oct, 2018 12:00am
West accuses 'pariah state' Russia of global hacking campaign

West accuses 'pariah state' Russia of global hacking campaign

Western countries issued coordinated denunciations of Russia on Thursday for running what they described as a global hacking campaign, targeting institutions from sports anti-doping bodies to a nuclear power company and the chemical weapons watchdog. In s
Published 05 Oct, 2018 12:00am
West accuses 'pariah state' Russia of global hacking campaign

West accuses 'pariah state' Russia of global hacking campaign

Western countries issued coordinated denunciations of Russia on Thursday for running what they described as a global hacking campaign, targeting institutions from sports anti-doping bodies to a nuclear power company and the chemical weapons watchdog. In s
Published 05 Oct, 2018 12:00am
India bank chief Kochhar steps down amid probe

India bank chief Kochhar steps down amid probe

The chief executive of one of India''s largest banks, and a rare woman at the top of male-dominated corporate India, resigned on Thursday amid a favouritism probe. ICICI - India''s second-largest private bank by assets - said in a statement that Chanda Ko
Published 05 Oct, 2018 12:00am
India bank chief Kochhar steps down amid probe

India bank chief Kochhar steps down amid probe

The chief executive of one of India's largest banks, and a rare woman at the top of male-dominated corporate India, resigned on Thursday amid a favouritism probe. ICICI - India's second-largest private bank by assets - said in a statement that Chanda Koch
Published 05 Oct, 2018 12:00am
India bank chief Kochhar steps down amid probe

India bank chief Kochhar steps down amid probe

The chief executive of one of India's largest banks, and a rare woman at the top of male-dominated corporate India, resigned on Thursday amid a favouritism probe. ICICI - India's second-largest private bank by assets - said in a statement that Chanda Koch
Published 05 Oct, 2018 12:00am
Bahria Town asked to pay Rs 1 trillion if it wants settlement

Bahria Town asked to pay Rs 1 trillion if it wants settlement

Chief Justice Mian Saqib Nisar Thursday asked Bahria Town to pay Rs 1 trillion if it wants settlement of housing society in Karachi. "We will not lessen or increase a single penny," the Chief Justice said and asked Bahria Town counsel if the offer is not
Published 05 Oct, 2018 12:00am
Bahria Town asked to pay Rs 1 trillion if it wants settlement

Bahria Town asked to pay Rs 1 trillion if it wants settlement

Chief Justice Mian Saqib Nisar Thursday asked Bahria Town to pay Rs 1 trillion if it wants settlement of housing society in Karachi. "We will not lessen or increase a single penny," the Chief Justice said and asked Bahria Town counsel if the offer is not
Published 05 Oct, 2018 12:00am
Iran faces sensitive time due to US, economic woes: Khamenei

Iran faces sensitive time due to US, economic woes: Khamenei

The people of Iran face a sensitive time because of pressure from America and economic problems, Supreme Leader Ayatollah Ali Khamenei said in an address broadcast by state television on Thursday. Khamenei was speaking to tens of thousands of members of t
Published 05 Oct, 2018 12:00am
Iran faces sensitive time due to US, economic woes: Khamenei

Iran faces sensitive time due to US, economic woes: Khamenei

The people of Iran face a sensitive time because of pressure from America and economic problems, Supreme Leader Ayatollah Ali Khamenei said in an address broadcast by state television on Thursday. Khamenei was speaking to tens of thousands of members of t
Published 05 Oct, 2018 12:00am
Financial institutions (recovery of finances) Rules, 2018 announced

Financial institutions (recovery of finances) Rules, 2018 announced

The State Bank of Pakistan (SBP) on Thursday notified Financial Institutions (Recovery of Finances) Rules, 2018, asking the banks, Development Financial Institutions (DFIs) and Microfinance Banks for necessary action. A circular BPRD 15 of 2018 stated, "i
Published 05 Oct, 2018 12:00am
Financial institutions (recovery of finances) Rules, 2018 announced

Financial institutions (recovery of finances) Rules, 2018 announced

The State Bank of Pakistan (SBP) on Thursday notified Financial Institutions (Recovery of Finances) Rules, 2018, asking the banks, Development Financial Institutions (DFIs) and Microfinance Banks for necessary action. A circular BPRD 15 of 2018 stated, "i
Published 05 Oct, 2018 12:00am
Financial institutions (recovery of finances) Rules, 2018 announced

Financial institutions (recovery of finances) Rules, 2018 announced

The State Bank of Pakistan (SBP) on Thursday notified Financial Institutions (Recovery of Finances) Rules, 2018, asking the banks, Development Financial Institutions (DFIs) and Microfinance Banks for necessary action. A circular BPRD 15 of 2018 stated, "i
Published 05 Oct, 2018 12:00am
Nawaz's, NAB's counsel trade barbs

Nawaz's, NAB's counsel trade barbs

Former Prime Minister Nawaz Sharif's counsel and National Accountability Bureau (NAB) prosecutor traded barbs when the defense counsel asked prosecution witness that the latter lied to the court a day ago.
Published 05 Oct, 2018 12:00am
Nawaz's, NAB's counsel trade barbs

Nawaz's, NAB's counsel trade barbs

Former Prime Minister Nawaz Sharif's counsel and National Accountability Bureau (NAB) prosecutor traded barbs when the defense counsel asked prosecution witness that the latter lied to the court a day ago.
Published 05 Oct, 2018 12:00am
BDO Pakistan signs MoU with PICG on Family Business Governance

BDO Pakistan signs MoU with PICG on Family Business Governance

Pakistan Institute of Corporate Governance (PICG) and BDO Ebrahim & Co. Chartered Accountants (BDO Pakistan) entered into a Memorandum of Understanding in respect of Family Business Governance. The Pakistan Institute of Corporate Governance (PICG) is a no
Published 05 Oct, 2018 12:00am
PM forms 22-member Council of Business Leaders

PM forms 22-member Council of Business Leaders

Prime Minister Imran Khan has constituted a 22-member Council of Business Leaders to suggest measures for boosting exports, increasing investment and improving Pakistan''s ranking in ease of doing business.
Published 05 Oct, 2018 12:00am
PM forms 22-member Council of Business Leaders

PM forms 22-member Council of Business Leaders

Prime Minister Imran Khan has constituted a 22-member Council of Business Leaders to suggest measures for boosting exports, increasing investment and improving Pakistan's ranking in ease of doing business.
Published 05 Oct, 2018 12:00am
PM forms 22-member Council of Business Leaders

PM forms 22-member Council of Business Leaders

Prime Minister Imran Khan has constituted a 22-member Council of Business Leaders to suggest measures for boosting exports, increasing investment and improving Pakistan's ranking in ease of doing business.
Published 05 Oct, 2018 12:00am
Regulatory duty on import of LPG withdrawn

Regulatory duty on import of LPG withdrawn

The Federal Board of Revenue (FBR) has withdrawn regulatory duty (RD) of Rs4,669 per metric ton (PMT) on the import of Liquefied Petroleum Gas (LPG). In this regard, the FBR has issued SRO.1200(I)/2018 to amend SRO.640(I)/2018 here on Thursday. According
Published 05 Oct, 2018 12:00am
Regulatory duty on import of LPG withdrawn

Regulatory duty on import of LPG withdrawn

The Federal Board of Revenue (FBR) has withdrawn regulatory duty (RD) of Rs4,669 per metric ton (PMT) on the import of Liquefied Petroleum Gas (LPG). In this regard, the FBR has issued SRO.1200(I)/2018 to amend SRO.640(I)/2018 here on Thursday. According
Published 05 Oct, 2018 12:00am
Regulatory duty on import of LPG withdrawn

Regulatory duty on import of LPG withdrawn

The Federal Board of Revenue (FBR) has withdrawn regulatory duty (RD) of Rs4,669 per metric ton (PMT) on the import of Liquefied Petroleum Gas (LPG). In this regard, the FBR has issued SRO.1200(I)/2018 to amend SRO.640(I)/2018 here on Thursday. According
Published 05 Oct, 2018 12:00am
Regulatory duty on import of LPG withdrawn

Regulatory duty on import of LPG withdrawn

The Federal Board of Revenue (FBR) has withdrawn regulatory duty (RD) of Rs4,669 per metric ton (PMT) on the import of Liquefied Petroleum Gas (LPG). In this regard, the FBR has issued SRO.1200(I)/2018 to amend SRO.640(I)/2018 here on Thursday. According
Published 05 Oct, 2018 12:00am
Raise in gas prices notified by Ogra

Raise in gas prices notified by Ogra

Oil and Gas Regulatory Authority (Ogra) on Thursday notified new sale prices of natural gas being sold by gas utility companies to various categories of their retail consumers with effect from September 27, 2018. On September 16, 2018, the Economic Coordi
Published 05 Oct, 2018 12:00am
Raise in gas prices notified by Ogra

Raise in gas prices notified by Ogra

Oil and Gas Regulatory Authority (Ogra) on Thursday notified new sale prices of natural gas being sold by gas utility companies to various categories of their retail consumers with effect from September 27, 2018. On September 16, 2018, the Economic Coordi
Published 05 Oct, 2018 12:00am
Raise in gas prices notified by Ogra

Raise in gas prices notified by Ogra

Oil and Gas Regulatory Authority (Ogra) on Thursday notified new sale prices of natural gas being sold by gas utility companies to various categories of their retail consumers with effect from September 27, 2018. On September 16, 2018, the Economic Coordi
Published 05 Oct, 2018 12:00am
Aramco, PSO to sign refinery deal

Aramco, PSO to sign refinery deal

The government announced on Thursday the removal of heads of four banks and Competition Commission of Pakistan (CCP) as well as some other senior officials of different regulatory bodies, saying that they were appointed illegally by former Finance Ministe
Published 05 Oct, 2018 12:00am
Aramco, PSO to sign refinery deal

Aramco, PSO to sign refinery deal

The government announced on Thursday the removal of heads of four banks and Competition Commission of Pakistan (CCP) as well as some other senior officials of different regulatory bodies, saying that they were appointed illegally by former Finance Ministe
Published 05 Oct, 2018 12:00am
Aramco, PSO to sign refinery deal

Aramco, PSO to sign refinery deal

The government announced on Thursday the removal of heads of four banks and Competition Commission of Pakistan (CCP) as well as some other senior officials of different regulatory bodies, saying that they were appointed illegally by former Finance Ministe
Published 05 Oct, 2018 12:00am
BRIndex100 stays bearish

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost another 53.01 points or 1.22 percent to close at 4,284.69 points Thursday. BRIndex-100 touched intraday high of 4,337.71 and intraday low of 4,272.75 p
Published 05 Oct, 2018 12:00am
BRIndex100 stays bearish

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost another 53.01 points or 1.22 percent to close at 4,284.69 points Thursday. BRIndex-100 touched intraday high of 4,337.71 and intraday low of 4,272.75 p
Published 05 Oct, 2018 12:00am
BRIndex100 stays bearish

BRIndex100 stays bearish

A bearish trend continued on Pakistan Stock Exchange due to selling in various sectors. BRIndex100 lost another 53.01 points or 1.22 percent to close at 4,284.69 points Thursday. BRIndex-100 touched intraday high of 4,337.71 and intraday low of 4,272.75 p
Published 05 Oct, 2018 12:00am
No change in stance on Dr Afridi: FO

No change in stance on Dr Afridi: FO

The Foreign Office on Thursday insisted that there is no change in Pakistan's stance on Dr Shakil Afridi, a medic who helped the America's CIA track down al Qaeda chief Osama bin Laden in Abbottabad, and also claimed a 'positive' trajectory in Pakistan-US
Published 05 Oct, 2018 12:00am
No change in stance on Dr Afridi: FO

No change in stance on Dr Afridi: FO

The Foreign Office on Thursday insisted that there is no change in Pakistan's stance on Dr Shakil Afridi, a medic who helped the America's CIA track down al Qaeda chief Osama bin Laden in Abbottabad, and also claimed a 'positive' trajectory in Pakistan-US
Published 05 Oct, 2018 12:00am
US, Pakistan must bridge trust deficit: Qureshi

US, Pakistan must bridge trust deficit: Qureshi

Describing his meetings with top officials from the Trump administration as "engaging and forward looking", Foreign Minister Shah Mehmood Qureshi said on Wednesday that Pakistan and the United States need to bridge the trust deficit and build on their his
Published 05 Oct, 2018 12:00am
US, Pakistan must bridge trust deficit: Qureshi

US, Pakistan must bridge trust deficit: Qureshi

Describing his meetings with top officials from the Trump administration as "engaging and forward looking", Foreign Minister Shah Mehmood Qureshi said on Wednesday that Pakistan and the United States need to bridge the trust deficit and build on their his
Published 05 Oct, 2018 12:00am
Significant external financing needed: IMF

Significant external financing needed: IMF

The IMF staff team said that the policy measures adopted by the government since December 2017 were steps in the right direction, but not yet sufficient. The staff team from the International Monetary Fund (IMF), led by Harald Finger, visited Islamabad fr
Published 05 Oct, 2018 12:00am
Significant external financing needed: IMF

Significant external financing needed: IMF

The IMF staff team said that the policy measures adopted by the government since December 2017 were steps in the right direction, but not yet sufficient. The staff team from the International Monetary Fund (IMF), led by Harald Finger, visited Islamabad fr
Published 05 Oct, 2018 12:00am
Significant external financing needed: IMF

Significant external financing needed: IMF

The IMF staff team said that the policy measures adopted by the government since December 2017 were steps in the right direction, but not yet sufficient. The staff team from the International Monetary Fund (IMF), led by Harald Finger, visited Islamabad fr
Published 05 Oct, 2018 12:00am
Malaysian palm oil charts third day of gains
Vegetable Oil

Malaysian palm oil charts third day of gains

Malaysian palm oil futures rose more than 1 percent on Thursday evening, charting a third straight session of gains, as they tracked overnight strength in US soyaoil and drew support from a weaker ringgit. The benchmark palm oil contract for December deli
Published 05 Oct, 2018 12:00am
Aluminium weakens after touching 3-1/2 months peak

Aluminium weakens after touching 3-1/2 months peak

Aluminium retreated on Thursday after touching its highest price in more than three months on Thursday as speculators turned negative when US inflation concerns grew on the back of comments by central bank officials. US stock markets fell broadly while bo
Published 05 Oct, 2018 12:00am
Tokyo rubber steadies

Tokyo rubber steadies

Benchmark Tokyo rubber futures ended steady on Thursday as support on the back of a weaker yen against the dollar was offset by sluggish oil prices. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asia, on Wedne
Published 05 Oct, 2018 12:00am
Gold moves in narrow range in Asia
Currency

Gold moves in narrow range in Asia

Gold prices moved in a narrow range on Thursday after upbeat US economic data and hawkish comments from Federal Reserve policymakers raised prospects of the central bank sticking to its tighter monetary policy, boosting the dollar. About half of the Fed's
Published 05 Oct, 2018 12:00am
Gold gains in Europe

Gold gains in Europe

Gold prices rose on Thursday as surging US government bond yields and nervousness about inflationary pressures sent stock markets tumbling and investors to seek safety in the precious metal. Spot gold was up 0.5 percent at $1,202.96 an ounce by 1523 GMT.
Published 05 Oct, 2018 12:00am
US MIDDAY: corn, soya up

US MIDDAY: corn, soya up

US corn and soyabean futures firmed on Thursday on concerns that several days of rainy weather expected across the US Midwest could disrupt harvesting of what are forecast to be bumper US crops. Weather forecasters expect heavy rain across much of the wes
Published 05 Oct, 2018 12:00am
US MIDDAY: gold steadies

US MIDDAY: gold steadies

Gold steadied on Thursday as positive US economic data and prospects of tighter monetary policy offset limited gains from safe haven buying. Spot gold was up 0.1 percent at $1,197.87 an ounce by 2:14 p.m. EDT (1814 GMT). US gold futures settled down $1.30
Published 05 Oct, 2018 12:00am
Oil falls from four-year highs on profit-taking

Oil falls from four-year highs on profit-taking

Oil prices fell on Thursday as the prospect of increased crude production from Saudi Arabia and Russia prompted profit-taking the day after futures hit four-year highs on a boost from imminent US sanctions on OPEC's No. 3 producer Iran. Brent crude future
Published 05 Oct, 2018 12:00am
Raw sugar surges, arabica coffee advances
Currency

Raw sugar surges, arabica coffee advances

Raw sugar futures on ICE edged up on Thursday as the market consolidated just below the prior session's 3-1/2 month high while arabica coffee prices also rose. March raw sugar was up 0.01 cent, or 0.1 percent, at 12.24 cents per lb at 1401 GMT, holding ju
Published 05 Oct, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (October 04, 2018) and the forecast for Friday (October 05, 2018).

Published 05 Oct, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 04, 2018).

Published 05 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 05 Oct, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 05 Oct, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 04, 2018).

Published 05 Oct, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 04, 2018)

Published 05 Oct, 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 Thursday (October 04, 2018).

Published 05 Oct, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 04, 2018).

Published 05 Oct, 2018 12:00am
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