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Print - 2018-11-11
Oil slide, China worries send Wall Street tumbling

Oil slide, China worries send Wall Street tumbling

Wall Street's three major stock indexes lost ground on Friday, after a week of recovery from the October sell-off, as oil prices fell further and more evidence of a slowing Chinese economy was reported. Oil prices fell nearly 1.0 percent on Friday, and ha
Published 11 Nov, 2018 12:00am
UK funds shift into bonds, snap up US stocks

UK funds shift into bonds, snap up US stocks

British investors increased their fixed-income holdings and cut back their stock exposure in October, although they took a shine to North American companies within their equity allocations. Across global balanced portfolio strategies, exposure to bonds ro
Published 11 Nov, 2018 12:00am
UK funds shift into bonds, snap up US stocks

UK funds shift into bonds, snap up US stocks

British investors increased their fixed-income holdings and cut back their stock exposure in October, although they took a shine to North American companies within their equity allocations. Across global balanced portfolio strategies, exposure to bonds ro
Published 11 Nov, 2018 12:00am
Ukraine grain exports fall sharply

Ukraine grain exports fall sharply

Ukrainian grain exports from its Black Sea ports fell by around 40 percent in the week from October 27 to November 2 to 612,000 tonnes from 991,000 tonnes a week earlier, analyst APK-Inform said on Tuesday. The consultancy said smaller shipments of corn a
Published 11 Nov, 2018 12:00am
EU wheat futures lower after USDA hikes Chinese grain stocks

EU wheat futures lower after USDA hikes Chinese grain stocks

European wheat futures turned lower in late trading on Thursday after a closely watched US government crop report surprised traders with a massive increase to projected world corn supply due to revised Chinese statistics. The US Department of Agriculture
Published 11 Nov, 2018 12:00am
CBOT corn futures up

CBOT corn futures up

Chicago Board of Trade corn futures ended modestly higher on Thursday after the US Department of Agriculture lowered its estimates of US corn yield, production and ending stocks more than most analysts expected, traders said. CBOT December corn settled up
Published 11 Nov, 2018 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Chicago Board of Trade wheat futures closed lower Thursday on technical selling and a larger-than-expected world stocks forecast from the US Department of Agriculture, traders said. CBOT December soft red winter wheat settled down 2-1/2 cents at $5.07-3/4
Published 11 Nov, 2018 12:00am
Modest trade on cotton market
Cotton

Modest trade on cotton market

Rates held overnight levels on the cotton market amid modest trading, dealers said. The official spot rate was unchanged at Rs 8,900, they added. Prices of seed cotton in Sindh were at Rs 3700-4200, in the Punjab seed cotton prices were at Rs 3700-4300 an
Published 11 Nov, 2018 12:00am
USDA sees ballooning soya supplies as trade war roils exports

USDA sees ballooning soya supplies as trade war roils exports

The US soyabean crop will be smaller than expected but stocks are forecast to rise sharply as a trade fight with China weighs heavily on exports, the US Agriculture Department said on Thursday. The government also trimmed its outlook for domestic corn pro
Published 11 Nov, 2018 12:00am
Lower outlook for US domestic sugar supplies in 2018-19

Lower outlook for US domestic sugar supplies in 2018-19

The US Department of Agriculture on Thursday lowered its outlook for sugar stocks in the current crop year on reduced expectations for domestic production. The closely watched stocks-to-use ratio was seen at 11.3 for 2018/19, down from October's forecast
Published 11 Nov, 2018 12:00am
Toxin in US corn harvest poses latest headache for farmers

Toxin in US corn harvest poses latest headache for farmers

North American farmers are finding increased levels of a plant toxin known as vomitoxin in this year's corn harvest, adding insult to injury for growers already suffering as the US-China trade war hurts soyabean exports and crop prices.
Published 11 Nov, 2018 12:00am
Wave of Brazil conillon coffee boosts ICE exchange stocks
Currency

Wave of Brazil conillon coffee boosts ICE exchange stocks

Brazilian robusta coffee has been flowing into Europe - a market that traditionally doesn't consume it - with shipments in recent months fuelled by tight exchange supplies and a slump in the country's currency, trade sources said.
Published 11 Nov, 2018 12:00am
LME to test electronic close on other metals if nickel trial succeeds

LME to test electronic close on other metals if nickel trial succeeds

The London Metal Exchange (LME) plans to extend a trial of using electronic closing prices rather than open outcry for nickel to other metals, its chief executive told the Reuters Global Commodities Summit in London. The LME will begin a three-month trial
Published 11 Nov, 2018 12:00am
Argentina eyes soyameal export approval from China

Argentina eyes soyameal export approval from China

Argentine soya crushing factories want to revive their business with a deal permitting them for the first time to export soyameal livestock feed to China, a pact that the government said was being hammered out this week in Beijing.
Published 11 Nov, 2018 12:00am
Brazil in talks to boost soyameal exports to China

Brazil in talks to boost soyameal exports to China

Brazil's soya processing executives are in talks with Chinese government officials over ways to increase soyameal exports to the Asian nation, industry group Abiove said on Monday. China already buys around 80 percent of Brazilian soyabean exports. Accord
Published 11 Nov, 2018 12:00am
Tightening in global grain supply clouded by China, again

Tightening in global grain supply clouded by China, again

Agriculture analysts have gotten used to the routine of subtracting out China's wheat stocks from the world total for a better portrayal of exportable world supply since the Asian country is a minimal participant in wheat trade. China's grain stocks have
Published 11 Nov, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee showed further weakness against the dollar on the open market on Saturday in the process of trading, dealers said. The rupee shed 20 paisas in relation to the dollar for buying and selling at Rs 133.20 and Rs 133.70 respectively, they said. The
Published 11 Nov, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee showed further weakness against the dollar on the open market on Saturday in the process of trading, dealers said. The rupee shed 20 paisas in relation to the dollar for buying and selling at Rs 133.20 and Rs 133.70 respectively, they said. The
Published 11 Nov, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (November 10, 2018)

Published 11 Nov, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (November 10, 2018).

Published 11 Nov, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (November 10, 2018) and the forecast for Sunday (November 11, 2018).

Published 11 Nov, 2018 12:00am
Three arrested in Samiul Haq murder case

Three arrested in Samiul Haq murder case

Police on Saturday arrested three suspects in the murder case of Jamiat Ulema-e-Islam-S chief Maulana Samiul Haq. Aaj News reported that three suspects were nabbed through geo-fencing and with the help of mobile data of the slain cleric. The suspects are
Published 11 Nov, 2018 12:00am
Nawaz urges SC to reject NAB appeal against IHC verdict

Nawaz urges SC to reject NAB appeal against IHC verdict

Former Prime Minister Nawaz Sharif has submitted that Islamabad High Court judgement does not in any manner enter into the realm of deeper appreciation of evidence; therefore, appeal of National Accountability Bureau (NAB) against the verdict should be di
Published 11 Nov, 2018 12:00am
Nawaz urges SC to reject NAB appeal against IHC verdict

Nawaz urges SC to reject NAB appeal against IHC verdict

Former Prime Minister Nawaz Sharif has submitted that Islamabad High Court judgement does not in any manner enter into the realm of deeper appreciation of evidence; therefore, appeal of National Accountability Bureau (NAB) against the verdict should be di
Published 11 Nov, 2018 12:00am
Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Sui Northern Gas Pipelines Ltd (SNGPL) has extended the due date for payment of gas bills to five zero-rated sectors on old tariff till Tuesday (November 13). Amid textile exporters' threats not to pay gas bills, Adviser to Prime Minister on Commerce, Tex
Published 11 Nov, 2018 12:00am
Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Sui Northern Gas Pipelines Ltd (SNGPL) has extended the due date for payment of gas bills to five zero-rated sectors on old tariff till Tuesday (November 13). Amid textile exporters' threats not to pay gas bills, Adviser to Prime Minister on Commerce, Tex
Published 11 Nov, 2018 12:00am
Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Zero-rated sectors can pay bills on old tariff till November 13: SNGPL

Sui Northern Gas Pipelines Ltd (SNGPL) has extended the due date for payment of gas bills to five zero-rated sectors on old tariff till Tuesday (November 13). Amid textile exporters'' threats not to pay gas bills, Adviser to Prime Minister on Commerce, Te
Published 11 Nov, 2018 12:00am
Fertilizer sector: Government may review gas price increase

Fertilizer sector: Government may review gas price increase

The government is likely to review gas price increase of fertilizer sector aimed at bringing back local urea prices by Rs 128 bag as domestic industry is unwilling to accept the government proposal to sell urea at subsidised rates. The Economic Coordinati
Published 11 Nov, 2018 12:00am
Fertilizer sector: Government may review gas price increase

Fertilizer sector: Government may review gas price increase

The government is likely to review gas price increase of fertilizer sector aimed at bringing back local urea prices by Rs 128 bag as domestic industry is unwilling to accept the government proposal to sell urea at subsidised rates. The Economic Coordinati
Published 11 Nov, 2018 12:00am
Fertilizer sector: Government may review gas price increase

Fertilizer sector: Government may review gas price increase

The government is likely to review gas price increase of fertilizer sector aimed at bringing back local urea prices by Rs 128 bag as domestic industry is unwilling to accept the government proposal to sell urea at subsidised rates. The Economic Coordinati
Published 11 Nov, 2018 12:00am
Fertilizer sector: Government may review gas price increase

Fertilizer sector: Government may review gas price increase

The government is likely to review gas price increase of fertilizer sector aimed at bringing back local urea prices by Rs 128 bag as domestic industry is unwilling to accept the government proposal to sell urea at subsidised rates. The Economic Coordinati
Published 11 Nov, 2018 12:00am
FBR advises SBP to pay Rs 8.74 billion refunds to claimants

FBR advises SBP to pay Rs 8.74 billion refunds to claimants

Federal Board of Revenue (FBR) has issued an advice to the State Bank of Pakistan for making payment of sales tax refunds amounting to Rs 8,741 million to facilitate exports. The payment will benefit 739 claimants from five export-oriented zero-rated sect
Published 11 Nov, 2018 12:00am
FBR advises SBP to pay Rs 8.74 billion refunds to claimants

FBR advises SBP to pay Rs 8.74 billion refunds to claimants

Federal Board of Revenue (FBR) has issued an advice to the State Bank of Pakistan for making payment of sales tax refunds amounting to Rs 8,741 million to facilitate exports. The payment will benefit 739 claimants from five export-oriented zero-rated sect
Published 11 Nov, 2018 12:00am
FBR advises SBP to pay Rs 8.74 billion refunds to claimants

FBR advises SBP to pay Rs 8.74 billion refunds to claimants

Federal Board of Revenue (FBR) has issued an advice to the State Bank of Pakistan for making payment of sales tax refunds amounting to Rs 8,741 million to facilitate exports. The payment will benefit 739 claimants from five export-oriented zero-rated sect
Published 11 Nov, 2018 12:00am
Trump, Macron agree on defence after 'insulting' European army spat

Trump, Macron agree on defence after 'insulting' European army spat

US President Donald Trump and France's Emmanuel Macron agreed on Saturday on the need for more European defence spending, papering over an earlier Trump tweet that had described Macron's call for a European army as "very insulting". Meeting for talks at t
Published 11 Nov, 2018 12:00am
Trump, Macron agree on defence after 'insulting' European army spat

Trump, Macron agree on defence after 'insulting' European army spat

US President Donald Trump and France's Emmanuel Macron agreed on Saturday on the need for more European defence spending, papering over an earlier Trump tweet that had described Macron's call for a European army as "very insulting". Meeting for talks at t
Published 11 Nov, 2018 12:00am
Four wounded in unprovoked Indian firing along LoC

Four wounded in unprovoked Indian firing along LoC

At least four civilian sustained injuries after Indian border forces resorted to unprovoked fire in Leepa Sector of Line of Control (LoC) employing heavy caliber weapons. In a statement issued by the Inter-Services Public Relations (ISPR), the Indian forc
Published 11 Nov, 2018 12:00am
Four wounded in unprovoked Indian firing along LoC

Four wounded in unprovoked Indian firing along LoC

At least four civilian sustained injuries after Indian border forces resorted to unprovoked fire in Leepa Sector of Line of Control (LoC) employing heavy caliber weapons. In a statement issued by the Inter-Services Public Relations (ISPR), the Indian forc
Published 11 Nov, 2018 12:00am
Nine die in California wildfires, hundreds of thousands forced to flee

Nine die in California wildfires, hundreds of thousands forced to flee

Nine people were killed and hundreds of thousands ordered to evacuate as wildfires raged Saturday across California, with one rapidly spreading blaze threatening the resort of Malibu, home to Hollywood stars. The fatalities were reported in a massive late
Published 11 Nov, 2018 12:00am
Nine die in California wildfires, hundreds of thousands forced to flee

Nine die in California wildfires, hundreds of thousands forced to flee

Nine people were killed and hundreds of thousands ordered to evacuate as wildfires raged Saturday across California, with one rapidly spreading blaze threatening the resort of Malibu, home to Hollywood stars. The fatalities were reported in a massive late
Published 11 Nov, 2018 12:00am
Erdogan shares Khashoggi tapes

Erdogan shares Khashoggi tapes

Turkey has shared recordings linked to the murder last month of journalist Jamal Khashoggi with Riyadh, Washington and other capitals, President Recep Tayyip Erdogan said Saturday. "We gave them the recordings, we gave them to Saudi Arabia, we gave them t
Published 11 Nov, 2018 12:00am
Erdogan shares Khashoggi tapes

Erdogan shares Khashoggi tapes

Turkey has shared recordings linked to the murder last month of journalist Jamal Khashoggi with Riyadh, Washington and other capitals, President Recep Tayyip Erdogan said Saturday. "We gave them the recordings, we gave them to Saudi Arabia, we gave them t
Published 11 Nov, 2018 12:00am
Corpse went down the drains: report

Corpse went down the drains: report

The killers of Saudi journalist Jamal Khashoggi poured his remains down the drain after dissolving him in acid, a Turkish newspaper reported Saturday. Samples taken from the drains at the Saudi consulate in Istanbul showed traces of acid, pro-government d
Published 11 Nov, 2018 12:00am
Corpse went down the drains: report

Corpse went down the drains: report

The killers of Saudi journalist Jamal Khashoggi poured his remains down the drain after dissolving him in acid, a Turkish newspaper reported Saturday. Samples taken from the drains at the Saudi consulate in Istanbul showed traces of acid, pro-government d
Published 11 Nov, 2018 12:00am
Government releases Rs 110.6 billion under PSDP

Government releases Rs 110.6 billion under PSDP

Pakistan Tehreek-e-Insaf (PTI) government has released Rs 110.6 billion (16.39pc) including Rs 30.34 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation
Published 11 Nov, 2018 12:00am
Government releases Rs 110.6 billion under PSDP

Government releases Rs 110.6 billion under PSDP

Pakistan Tehreek-e-Insaf (PTI) government has released Rs 110.6 billion (16.39pc) including Rs 30.34 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation
Published 11 Nov, 2018 12:00am
Government releases Rs 110.6 billion under PSDP

Government releases Rs 110.6 billion under PSDP

Pakistan Tehreek-e-Insaf (PTI) government has released Rs 110.6 billion (16.39pc) including Rs 30.34 billion foreign aid for different development projects under the Public Sector Development Programme (PSDP) 2018-19 against the total budgeted allocation
Published 11 Nov, 2018 12:00am
Shelter Homes project: PM takes first 'welfare state' step

Shelter Homes project: PM takes first 'welfare state' step

Prime Minister Imran Khan Saturday said that the country has come out of the crisis of repayment of loans mainly due to strenuous efforts of the government during the last two months and it is also all set to launch a comprehensive poverty alleviation pro
Published 11 Nov, 2018 12:00am
Shelter Homes project: PM takes first 'welfare state' step

Shelter Homes project: PM takes first 'welfare state' step

Prime Minister Imran Khan Saturday said that the country has come out of the crisis of repayment of loans mainly due to strenuous efforts of the government during the last two months and it is also all set to launch a comprehensive poverty alleviation pro
Published 11 Nov, 2018 12:00am
Trump under fire after cancelling WWI cemetery visit

Trump under fire after cancelling WWI cemetery visit

US President Donald Trump came under fire on Saturday after cancelling a visit to an American World War I military cemetery in France because of rainy weather. Trump, who is in France for commemorations marking the centenary of the end of the war, and his
Published 11 Nov, 2018 12:00am
BoP chief resigns month before expiry of term

BoP chief resigns month before expiry of term

The Bank of Punjab (BoP) President Naeemuddin Khan resigned from his office a month before the expiry of his term, said sources. He was performing his duties as President BoP since the last decade and turnaround it from the brink of bankruptcy and convert
Published 11 Nov, 2018 12:00am
BoP chief resigns month before expiry of term

BoP chief resigns month before expiry of term

The Bank of Punjab (BoP) President Naeemuddin Khan resigned from his office a month before the expiry of his term, said sources. He was performing his duties as President BoP since the last decade and turnaround it from the brink of bankruptcy and convert
Published 11 Nov, 2018 12:00am
BoP chief resigns month before expiry of term

BoP chief resigns month before expiry of term

The Bank of Punjab (BoP) President Naeemuddin Khan resigned from his office a month before the expiry of his term, said sources. He was performing his duties as President BoP since the last decade and turnaround it from the brink of bankruptcy and convert
Published 11 Nov, 2018 12:00am
Cheema requests Tareen to 'rein in' Sarwar

Cheema requests Tareen to 'rein in' Sarwar

Differences between Punjab Governor Chaudhry Sarwar and PTI's coalition partner PML-Q surfaced after a video leaked in the media on Saturday. Speaker Punjab Assembly Chaudhry Parvez Elahi endorsed the reservations of PML-Q's Tariq Bashir Cheema in a meeti
Published 11 Nov, 2018 12:00am
Cheema requests Tareen to 'rein in' Sarwar

Cheema requests Tareen to 'rein in' Sarwar

Differences between Punjab Governor Chaudhry Sarwar and PTI's coalition partner PML-Q surfaced after a video leaked in the media on Saturday. Speaker Punjab Assembly Chaudhry Parvez Elahi endorsed the reservations of PML-Q's Tariq Bashir Cheema in a meeti
Published 11 Nov, 2018 12:00am
Rouhani says new US sanctions have no effect on Iran's economy

Rouhani says new US sanctions have no effect on Iran's economy

Iranian President Hassan Rouhani said on Saturday that US sanctions announced last week have had no effect on Iran's economy because Washington had already practically reimposed them earlier. The restoration of sanctions is part of a wider effort by US Pr
Published 11 Nov, 2018 12:00am
Rouhani says new US sanctions have no effect on Iran's economy

Rouhani says new US sanctions have no effect on Iran's economy

Iranian President Hassan Rouhani said on Saturday that US sanctions announced last week have had no effect on Iran's economy because Washington had already practically reimposed them earlier. The restoration of sanctions is part of a wider effort by US Pr
Published 11 Nov, 2018 12:00am
Rouhani says new US sanctions have no effect on Iran''s economy

Rouhani says new US sanctions have no effect on Iran''s economy

Iranian President Hassan Rouhani said on Saturday that US sanctions announced last week have had no effect on Iran''s economy because Washington had already practically reimposed them earlier. The restoration of sanctions is part of a wider effort by US P
Published 11 Nov, 2018 12:00am
560 women register to enter flashpoint Indian temple

560 women register to enter flashpoint Indian temple

A new standoff between Hindu traditionalists and Indian police over a flashpoint shrine is looming next week, with 560 women reportedly registering to visit the side when it reopens on November 17. India's Supreme Court in September ruled that all females
Published 11 Nov, 2018 12:00am
560 women register to enter flashpoint Indian temple

560 women register to enter flashpoint Indian temple

A new standoff between Hindu traditionalists and Indian police over a flashpoint shrine is looming next week, with 560 women reportedly registering to visit the side when it reopens on November 17. India's Supreme Court in September ruled that all females
Published 11 Nov, 2018 12:00am
SC delists fake degree case of NAB DG

SC delists fake degree case of NAB DG

The top court Saturday delisted the issue of fake degree of Director General National Accountability Bureau (NAB), Lahore, Shahzad Saleem, which was fixed for November 12 (Monday). The matter of Shahzad Saleem's alleged fake degree had been brought to the
Published 11 Nov, 2018 12:00am
SC delists fake degree case of NAB DG

SC delists fake degree case of NAB DG

The top court Saturday delisted the issue of fake degree of Director General National Accountability Bureau (NAB), Lahore, Shahzad Saleem, which was fixed for November 12 (Monday). The matter of Shahzad Saleem's alleged fake degree had been brought to the
Published 11 Nov, 2018 12:00am
Money laundering cases: Sindh's bigwigs may be arrested soon: Rasheed

Money laundering cases: Sindh's bigwigs may be arrested soon: Rasheed

Federal Minister for Railways Sheikh Rasheed Ahmed has claimed that a number of politicians, including Shahbaz Sharif have moved their requests for a National Reconciliation Ordinance (NRO). "He (Shahbaz Sharif) is more corrupt than Nawaz Sharif," he said
Published 11 Nov, 2018 12:00am
Money laundering cases: Sindh's bigwigs may be arrested soon: Rasheed

Money laundering cases: Sindh's bigwigs may be arrested soon: Rasheed

Federal Minister for Railways Sheikh Rasheed Ahmed has claimed that a number of politicians, including Shahbaz Sharif have moved their requests for a National Reconciliation Ordinance (NRO). "He (Shahbaz Sharif) is more corrupt than Nawaz Sharif," he said
Published 11 Nov, 2018 12:00am
Floods in Jordan kill 12, force tourists to flee Petra

Floods in Jordan kill 12, force tourists to flee Petra

Flash floods killed 12 people in Jordan and forced nearly 4,000 tourists to flee the famed ancient desert city of Petra, emergency services said on Saturday. Search teams were scouring valleys near the historic hill town of Madaba for a young girl who was
Published 11 Nov, 2018 12:00am
Floods in Jordan kill 12, force tourists to flee Petra

Floods in Jordan kill 12, force tourists to flee Petra

Flash floods killed 12 people in Jordan and forced nearly 4,000 tourists to flee the famed ancient desert city of Petra, emergency services said on Saturday. Search teams were scouring valleys near the historic hill town of Madaba for a young girl who was
Published 11 Nov, 2018 12:00am
FBR to engage new technology partner for PRAL

FBR to engage new technology partner for PRAL

The Federal Board of Revenue (FBR) has decided to engage a new technology partner of international repute to assist Pakistan Revenue Automation Limited (PRAL) - the IT arm of the FBR - for carrying out IT related functions and maintenance of electronic da
Published 11 Nov, 2018 12:00am
FBR to engage new technology partner for PRAL

FBR to engage new technology partner for PRAL

The Federal Board of Revenue (FBR) has decided to engage a new technology partner of international repute to assist Pakistan Revenue Automation Limited (PRAL) - the IT arm of the FBR - for carrying out IT related functions and maintenance of electronic da
Published 11 Nov, 2018 12:00am
FBR to engage new technology partner for PRAL

FBR to engage new technology partner for PRAL

The Federal Board of Revenue (FBR) has decided to engage a new technology partner of international repute to assist Pakistan Revenue Automation Limited (PRAL) - the IT arm of the FBR - for carrying out IT related functions and maintenance of electronic da
Published 11 Nov, 2018 12:00am
Saudi coalition halts refuelling deal with US for Yemen war

Saudi coalition halts refuelling deal with US for Yemen war

A controversial refuelling arrangement between the United States and the Saudi-led coalition that is bombing Yemen was ended on Saturday, halting a key part of Washington's involvement in the conflict. The move came as warplanes pounded the key strategic
Published 11 Nov, 2018 12:00am
Saudi coalition halts refuelling deal with US for Yemen war

Saudi coalition halts refuelling deal with US for Yemen war

A controversial refuelling arrangement between the United States and the Saudi-led coalition that is bombing Yemen was ended on Saturday, halting a key part of Washington's involvement in the conflict. The move came as warplanes pounded the key strategic
Published 11 Nov, 2018 12:00am
Risk to world economic order

Risk to world economic order

The world economic order established through the setting up of Bretton Woods institutions like the World Bank and the IMF in 1944 and running successfully since then seems to be gradually disintegrating. This trend seems to be particularly evident after t
Published 11 Nov, 2018 12:00am
India's latest war-game

India's latest war-game

Of late India has upped its anti-Pakistan ante by inducting weaponry into its arsenal that tends to disturb the strategic balance that obtains between the two countries, undermining the strategic stability in the region. Last month, it signed a deal with
Published 11 Nov, 2018 12:00am
Social security

Social security

The Merriam Webster dictionary defines 'social security' as "the principle or practice or a programme of public provision (as through social insurance or assistance) for the economic security and social welfare of the individual and his or her family". Ar
Published 11 Nov, 2018 12:00am
UK's Europeans want to know: should I stay or should I go?

UK's Europeans want to know: should I stay or should I go?

EU nationals who have settled in Britain are facing a dilemma as Brexit looms: pack their bags, apply for citizenship or stay put and hope for the best. In Manchester, northwest England, German national Melanie Moerbe has just become a British citizen at
Published 11 Nov, 2018 12:00am
After back-to-back mass shootings, America grows numb

After back-to-back mass shootings, America grows numb

When a gunman entered a California music bar this week and started firing, some of the patrons ran out of back doors, they smashed windows to escape, they hid. Unlike some mass shooting victims, they were not paralyzed by fear. But their quick action was
Published 11 Nov, 2018 12:00am
Afghan situation: major positive step

Afghan situation: major positive step

Who would have imagined in the late 1980s that Russia, the inheritor state of the then Soviet Union, would be hosting talks for peace in Afghanistan 30 years down the road. The Soviet defeat in Afghanistan is considered one of the factors behind the large
Published 11 Nov, 2018 12:00am
Government and opposition lock horns over PAC's chairmanship

Government and opposition lock horns over PAC's chairmanship

Pakistan Tehreek-e-Insaf (PTI) government and opposition parties have locked horns over the chairmanship of the Public Accounts Committee (PAC) as both are interested in getting their candidate elected to the key post.
Published 11 Nov, 2018 12:00am
Currency case: Ayyan challenges non-bailable arrest warrants
Currency

Currency case: Ayyan challenges non-bailable arrest warrants

Model Ayyan Ali on Saturday has challenged her non-bailable arrest warrants issued by Customs Court in currency smuggling case. Ayyan's counsel adopted the stance that his client's arrest warrants were issued even after submission of sick application and
Published 11 Nov, 2018 12:00am
Model Town case: SC to hear petition on November 16

Model Town case: SC to hear petition on November 16

The Supreme Court on Saturday fixed the date for hearing of a petition on Friday 16 Nov, 18 against the Lahore High Court's decision to not summon former Prime Minister Nawaz Sharif and former Punjab chief minister Shahbaz Sharif in the Model Town case.
Published 11 Nov, 2018 12:00am