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Nov 21, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-11-23
Domestic consumers: CM rejects move to increase water rates

Domestic consumers: CM rejects move to increase water rates

Punjab Chief Minister Sardar Usman Buzdar has rejected the proposal of increasing the rate of water for domestic consumers. While presiding over a meeting of Governing Body of Lahore Development Authority (LDA) here on Thursday, he also directed the conce
Published 23 Nov, 2018 12:00am
Leather sector deprived of ST refund: PTA chief

Leather sector deprived of ST refund: PTA chief

Pakistan Tanners Association (PTA) Chairman Agha Saiddain has said that Pakistan Revenue Automation (Pvt.) Ltd (PRAL) has deprived the entire leather sector from payment of sales tax refunds released by the Federal Board of Revenue (FBR) as it intentional
Published 23 Nov, 2018 12:00am
Talks to outsource PM's 'shelter project' under way

Talks to outsource PM's 'shelter project' under way

Lack of funding for the recently-inaugurated shelter project by Prime Minister Imran Khan in Lahore for the homeless people who usually spent their nights on footpaths, parks and other public places has compelled the provincial government to contemplate o
Published 23 Nov, 2018 12:00am
LHC seeks larger bench for petition against PM

LHC seeks larger bench for petition against PM

The Lahore High Court on Thursday referred a petition seeking disqualification of Prime Minister Imran Khan to the Chief Justice for its fixation before a full bench seized with an identical matter.
Published 23 Nov, 2018 12:00am
Thatta district: Second phase of 'Water for Women' project launched

Thatta district: Second phase of 'Water for Women' project launched

Phase 2 of the "Water for Women" project, which overall seeks to replenish 200 million litres of water in the arid area of Kohistan, district Thatta of Sindh has now been launched by the project partners Coca-Cola Pakistan and Indus Earth Trust. The aim o
Published 23 Nov, 2018 12:00am
Over 100 POs among 2561 held in different raids

Over 100 POs among 2561 held in different raids

Sindh Police on Thursday claimed to have arrested as many as 2561 people, including 1723 drug dealers and 102 proclaimed offenders (POs) in various parts of the province.
Published 23 Nov, 2018 12:00am
Jawad for boosting kinnow exports to Malaysia, China, Iran

Jawad for boosting kinnow exports to Malaysia, China, Iran

Secretary General (Federal) of Businessmen Panel (BMP) and former chairman FPCCI Standing Committee on Horticulture Exports, Ahmad Jawad, urged the kinnow exporters to boost kinnow export to Malaysia.
Published 23 Nov, 2018 12:00am
MENAP states need to unlock private investment to boost economy: IMF

MENAP states need to unlock private investment to boost economy: IMF

Facing increasing global headwinds, Middle East, North Africa, Afghanistan and Pakistan (MENAP) countries need to urgently unlock private investment, says International Monetary Fund (IMF). The IMF in its latest report "How can policymakers boost private
Published 23 Nov, 2018 12:00am
N-League parliamentarians meet today

N-League parliamentarians meet today

Pakistan Muslim League-Nawaz (PML-N) has convened its parliamentary party meeting at the Parliament House today (Friday) to discuss the prevailing political situation of the country.
Published 23 Nov, 2018 12:00am
COPD affects over 340 million people worldwide: Professor Rao

COPD affects over 340 million people worldwide: Professor Rao

Chronic obstructive pulmonary disease (COPD) affects more than 340 million people worldwide and represents the fourth leading cause of death, after heart attacks, strokes and infectious diseases, this was stated by Prof Nisar Rao, President Pakistan Chest
Published 23 Nov, 2018 12:00am
Azfar calls for urgent steps to check rising population growth

Azfar calls for urgent steps to check rising population growth

Kamal Azfar, former Governor of Sindh, has drawn the attention of the public and media towards the enormously growing population of Pakistan and the dangers that this could entail in the coming years. Kamal Azfar has said in a statement that while Pakista
Published 23 Nov, 2018 12:00am
MQM-P opposes passage of national census results from CCI

MQM-P opposes passage of national census results from CCI

Muttahida Qaumi Movement-Pakistan (MQM-P) on Thursday opposed the move of getting the results of national census passed from Council of Common Interests (CCI) and vowed to fight the case of Karachi at all forums, whose population has been undercounted. Ad
Published 23 Nov, 2018 12:00am
5000 lives saved at chest pain units of NICVD in a year

5000 lives saved at chest pain units of NICVD in a year

Lives of more than five thousand people, who were having heart attacks, were saved at the seven Chest Pain Units (CPUs) of National Institute of Cardiovascular Diseases (NICVD) at Karachi's various intersections and busy spots during last one year where p
Published 23 Nov, 2018 12:00am
Rabi crop: Rotation plan for canal systems prepared

Rabi crop: Rotation plan for canal systems prepared

The availability of water for current Rabi crop has been estimated to be short by about 40 percent. In order to ensure that all the irrigation channels and growers thereon get equitable share, the irrigation authorities have prepared a rotation plan for a
Published 23 Nov, 2018 12:00am
'Taxpayers can close audit by paying penalty or higher tax'

'Taxpayers can close audit by paying penalty or higher tax'

All those taxpayers who have been selected automatically for audit u/s 214D due to late filing of returns for Tax Year 2015, 2016 and 2017, have now the opportunity for automatic closure of audit u/s 214E by paying the penalty or higher tax than previousl
Published 23 Nov, 2018 12:00am
PEDO-KHNPC MoU on power project gets KP cabinet's nod

PEDO-KHNPC MoU on power project gets KP cabinet's nod

Khyber Pakhtunkhwa cabinet on Thursday ratified the memorandum of understanding (MoU) signed between the Provincial Energy Development Organization (PEDO) and Korea Hydro and Nuclear Power Company (KHNPC) for the construction of 496MW Spatgah Power Projec
Published 23 Nov, 2018 12:00am
KP NAB distributes cheques among affectees

KP NAB distributes cheques among affectees

The Director General NAB Khyber Pakhtunkhwa, Farman Ullah Thursday distributed cheques among the affectees of Khushal Garden, Nowshera, said a press release issued here on Thursday.
Published 23 Nov, 2018 12:00am
PM to inaugurate four more trains today

PM to inaugurate four more trains today

Prime Minister Imran Khan will inaugurate four more trains today (Friday). The four trains which are going to be inaugurated include Sindh Express (Karachi to Sukkur), Shah Abdul Latif Bhittai Express (Karachi to Mirpur Khas), Faisalabad Express, and Rehm
Published 23 Nov, 2018 12:00am
Prime Minister Office receives over 0.1 million plaints so far: Durrani

Prime Minister Office receives over 0.1 million plaints so far: Durrani

Special Assistant to Prime Minister Iftikhar Durrani Thursday said that so far 110,000 complaints have been received by the PM Office through web portal, of which 16,770 have been resolved while the rest are being addressed. Speaking at a news conference
Published 23 Nov, 2018 12:00am
SECP registers 92,000, strikes off 3,000 cos in 2017-18

SECP registers 92,000, strikes off 3,000 cos in 2017-18

Out of total 92,000 companies registered with the Securities and Exchange Commission of Pakistan (SECP), the commission has struck off 3,000 names of inactive companies from registers in 2017-18 to avoid any misuse of their accountts or suspicious transac
Published 23 Nov, 2018 12:00am
Roadmap for education to be unveiled in next few days: Shafqat

Roadmap for education to be unveiled in next few days: Shafqat

Pakistan is currently confronted with the challenges of out-of-school children and lack of standard curriculum and increasing number of unemployed PhD degree holders is one of its examples. This was stated by Federal Minister for Education and Professiona
Published 23 Nov, 2018 12:00am
KU and Canadian university sign MoU

KU and Canadian university sign MoU

A Memorandum of Understanding (MoU) for scientific and technical cooperation was signed here between Brock University of Canada and Karachi University's International Centre for Chemical and Biological Sciences (ICCBS), according to information reaching.
Published 23 Nov, 2018 12:00am
SHC dismayed at skills of Sindh police investigators

SHC dismayed at skills of Sindh police investigators

Sindh High Court (SHC) on Thursday showed dissatisfaction on the training and developing skills of investigators in Sindh Police and sought the details of efforts undertaken in this regard. SHC bench - headed by Justice Salahuddin Panhwar in an order of b
Published 23 Nov, 2018 12:00am
APCAA urges shipping agents to stop collecting hidden charges

APCAA urges shipping agents to stop collecting hidden charges

All Pakistan Customs Agents Association (APCAA) has demanded terminal operators and shipping agents to stop collecting hidden charges from the traders. The demand was raised by a delegation of APCAA headed by its acting chairman Arshad Jamal during meetin
Published 23 Nov, 2018 12:00am
KPRA sets up TFC in Abbottabad

KPRA sets up TFC in Abbottabad

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has set up its first tax facilitation centre (TFC) in Abbottabad to facilitate taxpayers in filing of their services tax returns timely. Muhammad Tahir Orakzai, Director General of the KPRA, in a press state
Published 23 Nov, 2018 12:00am
Projects NOCs: ABAD ends sit-in after KWSB chief's assurance

Projects NOCs: ABAD ends sit-in after KWSB chief's assurance

Association of Builders and Developers of Pakistan (ABAD) has called off its protest sit-in after the assurance given by MD Karachi Water and Sewerage Board (KW&SB) to issue all 535 NOCs within a week. Talking to Business Recorder, Chairman ABAD Hassan Ba
Published 23 Nov, 2018 12:00am
National aviation policy: CAA forms body to formulate recommendations

National aviation policy: CAA forms body to formulate recommendations

Secretary Aviation has constituted a committee to formulate recommendations on national aviation policy in two weeks. The Secretary Aviation chaired a meeting with industry stakeholders to discuss the national aviation policy and recommendations for revis
Published 23 Nov, 2018 12:00am
Vawda offers centre's help to Sindh's drive against hydrants

Vawda offers centre's help to Sindh's drive against hydrants

Federal Minister for Water Resources Faisal Vawda called on Governor of Sindh Imran Ismail at Governor House, here on Thursday. He briefed the Governor about various under consideration projects to meet water demand of the province. He also informed the G
Published 23 Nov, 2018 12:00am
Nawaz says case based on assumption

Nawaz says case based on assumption

Former Prime Minister Nawaz Sharif on Thursday said that filing of reference with respect to having assets beyond means against a politician shows that there is no corruption allegation against him or her.
Published 23 Nov, 2018 12:00am
Construction of dams imperative for Pakistan: CJP

Construction of dams imperative for Pakistan: CJP

Chief Justice of Pakistan Justice Mian Saqib Nisar, who is in the United Kingdom for a week-long visit, has said that construction of dams is imperative for Pakistan, Radio Pakistan reported on Thursday. The chief justice while, talking to British parliam
Published 23 Nov, 2018 12:00am
Exporters of small arms: Parliamentary panel for setting POF condition

Exporters of small arms: Parliamentary panel for setting POF condition

A parliamentary panel Thursday recommended the government to set a condition on exporters of small arms to obtain no-objection certificate (NOC) from Pakistan Ordnance Factories (POF). Chairman Board of POF, Wah Cantt, Lt General Sadiq Ali briefed the vis
Published 23 Nov, 2018 12:00am
IHC issues notice to secretary in ECL case

IHC issues notice to secretary in ECL case

The Islamabad High Court (IHC) Thursday issued notices to secretary interior for not removing former MNA and leader of Pakistan Peoples Party (PPP) Asma Arbab Alamgir's name from the Exit Control List (ECL).
Published 23 Nov, 2018 12:00am
Senate chief asks Mandviwalla not to invite any foreign dignitary

Senate chief asks Mandviwalla not to invite any foreign dignitary

Chairman Senate Sadiq Sanjrani has strictly warned Deputy Chairman Senate Saleem Mandviwalla against extending invitation to any foreign dignitary to visit the country, saying under the rules as the deputy chairman cannot do such things without consulting
Published 23 Nov, 2018 12:00am
Minister asks France to invest in energy and tourism sectors

Minister asks France to invest in energy and tourism sectors

Federal Minister for Planning, Development & Reform Makhdoom Khusro Bakhtiar has invited France to invest in clean energy production and tourism sector of the country. He made this offer while talking to Ambassador of France Marc Barety who along with Cou
Published 23 Nov, 2018 12:00am
Two killed in Bajaur blast

Two killed in Bajaur blast

At least two persons were killed after their vehicle was hit by a roadside explosion in Charmang area of district Bajaur on Wednesday. Tehsildar Abdul Haseeb told media that Amanullah and Gul Badin were travelling in their vehicle at around 5 pm when thei
Published 23 Nov, 2018 12:00am
Country's positive image

Country's positive image

This is apropos a Business Recorder news item "Pemra chairman, ISPR chief discuss steps to facilitate media" carried by the newspaper on Wednesday. It is indeed a matter of great satisfaction that the chairman of Pakistan Electronic and Media Regul
Published 23 Nov, 2018 12:00am
Libyan wealth fund to hire auditors in push to unfreeze assets

Libyan wealth fund to hire auditors in push to unfreeze assets

Libya's sovereign wealth fund will appoint auditors within weeks and conclude a wide-ranging examination of its assets by 2019 as part of its efforts to get billions of dollars of assets unfrozen, the fund's head told Reuters.
Published 23 Nov, 2018 12:00am
U-turns in decision-making

U-turns in decision-making

The recent controversy being generated about "U-turn" is potently childish. Accusing the government of taking "U-turns" is not only unfortunate but absurd. Without fully understanding the meaning of the term, the Opposition is misusing it to castigate Imr
Published 23 Nov, 2018 12:00am
Erroneous tax exemptions

Erroneous tax exemptions

The twenty-fifth Amendment in the Constitution of Islamic Republic of Pakistan, officially called 'The Constitution (Twenty-fifth Amendment) Act, 2018', previously named as 'The (Thirty-first Amendment) Act, 2018', was passed by the National Assembly (May
Published 23 Nov, 2018 12:00am
Twitter wars

Twitter wars

Social media has transgressed into the political and diplomatic field. In the case of US President Donald Trump, this is hardly new. From the election campaign trail to the White House, he is by now infamous for firing off messages on Twitter that have mo
Published 23 Nov, 2018 12:00am
External financing needs

External financing needs

Estimates of the immediate external financing needs of the country vary from between 12 billion dollars, as stated by the Federal Finance Minister Asad Umar, to 18 billion dollars by independent economists basing their estimate on the 19 billion dollar cu
Published 23 Nov, 2018 12:00am
MML seeks property PTM from PSM

MML seeks property PTM from PSM

M/s Master Motors Limited (MML) has sought help from Ministry of Industries and Production (MoI&P) to get Permission to Mortgage (PTM) of property from Pakistan Steel Mills (PSM) against loans from a private bank, well informed sources told Business Re
Published 23 Nov, 2018 12:00am
MML seeks property PTM from PSM

MML seeks property PTM from PSM

M/s Master Motors Limited (MML) has sought help from Ministry of Industries and Production (MoI&P) to get Permission to Mortgage (PTM) of property from Pakistan Steel Mills (PSM) against loans from a private bank, well informed sources told Business Re
Published 23 Nov, 2018 12:00am
MML seeks property PTM from PSM

MML seeks property PTM from PSM

M/s Master Motors Limited (MML) has sought help from Ministry of Industries and Production (MoI&P) to get Permission to Mortgage (PTM) of property from Pakistan Steel Mills (PSM) against loans from a private bank, well informed sources told Business Re
Published 23 Nov, 2018 12:00am
Government wants to regulate social media: minister

Government wants to regulate social media: minister

Information Minister Fawad Chaudhry has said that the government wants to regulate social media in the country and is in touch with international companies like Google and Facebook for the purpose. The minister said this while addressing a one-day confere
Published 23 Nov, 2018 12:00am
Government wants to regulate social media: minister

Government wants to regulate social media: minister

Information Minister Fawad Chaudhry has said that the government wants to regulate social media in the country and is in touch with international companies like Google and Facebook for the purpose. The minister said this while addressing a one-day confere
Published 23 Nov, 2018 12:00am
Five freed Iran troops flown home

Five freed Iran troops flown home

Five Iranian security personnel, who had been held by jihadists for a month, have been flown home after Pakistani forces secured their release, Iran's Revolutionary Guards said on Thursday. The five were part of a mixed unit of 12 border guards, militiame
Published 23 Nov, 2018 12:00am
Fahmida Riaz passes away

Fahmida Riaz passes away

Urdu writer, poet, human rights activist and feminist Fahmida Riaz passed away here on Wednesday night after prolonged illness. She had been living with her daughter in Lahore. She left behind two children from her second marriage with Zafar Ali Ujan and
Published 23 Nov, 2018 12:00am
Fahmida Riaz passes away

Fahmida Riaz passes away

Urdu writer, poet, human rights activist and feminist Fahmida Riaz passed away here on Wednesday night after prolonged illness. She had been living with her daughter in Lahore. She left behind two children from her second marriage with Zafar Ali Ujan and
Published 23 Nov, 2018 12:00am
India government dissolves held Kashmir state assembly

India government dissolves held Kashmir state assembly

India's government has dissolved the held Kashmir state assembly in a sudden move that could lead to fresh elections and further turmoil in the disputed region also claimed by Pakistan. The move, which came after two rival local alliances both staked clai
Published 23 Nov, 2018 12:00am
India government dissolves held Kashmir state assembly

India government dissolves held Kashmir state assembly

India's government has dissolved the held Kashmir state assembly in a sudden move that could lead to fresh elections and further turmoil in the disputed region also claimed by Pakistan. The move, which came after two rival local alliances both staked clai
Published 23 Nov, 2018 12:00am
SC asks whether 'insidious' forces going to determine country's future

SC asks whether 'insidious' forces going to determine country's future

The Supreme Court Thursday questioned whether the insidious forces, instead of the Parliament, are going to determine the future of Pakistan. Hearing the Faizabad sit-in case, Justice Qazi Faez Isa, a member of two-judge bench, said that the country was a
Published 23 Nov, 2018 12:00am
SC asks whether 'insidious' forces going to determine country's future

SC asks whether 'insidious' forces going to determine country's future

The Supreme Court Thursday questioned whether the insidious forces, instead of the Parliament, are going to determine the future of Pakistan. Hearing the Faizabad sit-in case, Justice Qazi Faez Isa, a member of two-judge bench, said that the country was a
Published 23 Nov, 2018 12:00am
UBL announces voluntary liquidation of NY branch

UBL announces voluntary liquidation of NY branch

United Bank Limited (UBL) on Thursday announced voluntary liquidation of its New York branch. According to bank management, the closure of branch is under the global realignment strategy. Sources said that UBL was facing some regulatory compliance issues
Published 23 Nov, 2018 12:00am
UBL announces voluntary liquidation of NY branch

UBL announces voluntary liquidation of NY branch

United Bank Limited (UBL) on Thursday announced voluntary liquidation of its New York branch. According to bank management, the closure of branch is under the global realignment strategy. Sources said that UBL was facing some regulatory compliance issues
Published 23 Nov, 2018 12:00am
UBL announces voluntary liquidation of NY branch

UBL announces voluntary liquidation of NY branch

United Bank Limited (UBL) on Thursday announced voluntary liquidation of its New York branch. According to bank management, the closure of branch is under the global realignment strategy. Sources said that UBL was facing some regulatory compliance issues
Published 23 Nov, 2018 12:00am
Russian army team meets Corps Commander Peshawar

Russian army team meets Corps Commander Peshawar

A delegation of the Russian Armed Forces called on Corps Commander Peshawar Lieutenant General Shaheen Mazhar Mehmood at Corps Headquarters, Peshawar, the Inter-Services Public Relations said in a statement on Thursday. The six-member delegation was heade
Published 23 Nov, 2018 12:00am
Russian army team meets Corps Commander Peshawar

Russian army team meets Corps Commander Peshawar

A delegation of the Russian Armed Forces called on Corps Commander Peshawar Lieutenant General Shaheen Mazhar Mehmood at Corps Headquarters, Peshawar, the Inter-Services Public Relations said in a statement on Thursday. The six-member delegation was heade
Published 23 Nov, 2018 12:00am
Reserves up by $1 billion

Reserves up by $1 billion

The State Bank of Pakistan''s foreign exchange reserves increased by some one billion dollar during the last week due to inflows from Saudi Arabia. According to official announcement, SBP has received $1 billion as on November 19, 2018 as placement of fun
Published 23 Nov, 2018 12:00am
Reserves up by $1 billion

Reserves up by $1 billion

The State Bank of Pakistan's foreign exchange reserves increased by some one billion dollar during the last week due to inflows from Saudi Arabia. According to official announcement, SBP has received $1 billion as on November 19, 2018 as placement of fund
Published 23 Nov, 2018 12:00am
Reserves up by $1 billion

Reserves up by $1 billion

The State Bank of Pakistan's foreign exchange reserves increased by some one billion dollar during the last week due to inflows from Saudi Arabia. According to official announcement, SBP has received $1 billion as on November 19, 2018 as placement of fund
Published 23 Nov, 2018 12:00am
The unsuccessful talks

The unsuccessful talks

In a surprising development the talks with the visiting IMF Mission have ended without an agreement on a program. This is an unusual outcome. It is hard to find an example in the previous history of country's relations with the Fund where a full-fledged p
Published 23 Nov, 2018 12:00am
The unsuccessful talks

The unsuccessful talks

In a surprising development the talks with the visiting IMF Mission have ended without an agreement on a program. This is an unusual outcome. It is hard to find an example in the previous history of country's relations with the Fund where a full-fledged p
Published 23 Nov, 2018 12:00am
Dar accuses government of failing to properly deal with IMF

Dar accuses government of failing to properly deal with IMF

Former Finance Minter Ishaq Dar said that the present government took a long time in properly dealing with IMF, "that reflects its inefficacy and bad-governance." Taking part in a TV's program, he said when he was at the helm of affairs in the country he
Published 23 Nov, 2018 12:00am
Dar accuses government of failing to properly deal with IMF

Dar accuses government of failing to properly deal with IMF

Former Finance Minter Ishaq Dar said that the present government took a long time in properly dealing with IMF, "that reflects its inefficacy and bad-governance." Taking part in a TV's program, he said when he was at the helm of affairs in the country he
Published 23 Nov, 2018 12:00am
Smuggled mobile phones: Cabinet may offer amnesty scheme today

Smuggled mobile phones: Cabinet may offer amnesty scheme today

The federal cabinet is likely to allow import of used mobile devices by amending the Import Policy Order 2016, besides offering amnesty scheme for regularisation of smuggled mobile phones available in the market. The cabinet meeting scheduled for today (F
Published 23 Nov, 2018 12:00am
Smuggled mobile phones: Cabinet may offer amnesty scheme today

Smuggled mobile phones: Cabinet may offer amnesty scheme today

The federal cabinet is likely to allow import of used mobile devices by amending the Import Policy Order 2016, besides offering amnesty scheme for regularisation of smuggled mobile phones available in the market. The cabinet meeting scheduled for today (F
Published 23 Nov, 2018 12:00am
Smuggled mobile phones: Cabinet may offer amnesty scheme today

Smuggled mobile phones: Cabinet may offer amnesty scheme today

The federal cabinet is likely to allow import of used mobile devices by amending the Import Policy Order 2016, besides offering amnesty scheme for regularisation of smuggled mobile phones available in the market. The cabinet meeting scheduled for today (F
Published 23 Nov, 2018 12:00am
Five-year NFIS approved by PM

Five-year NFIS approved by PM

Prime Minister Imran Khan Thursday approved a 5-year plan for enhanced National Financial Inclusion Strategy (NFIS) during a meeting held at the Prime Minister''s Office. The meeting was attended by Minister for Finance Asad Umar, Advisor to Prime Ministe
Published 23 Nov, 2018 12:00am
Five-year NFIS approved by PM

Five-year NFIS approved by PM

Prime Minister Imran Khan Thursday approved a 5-year plan for enhanced National Financial Inclusion Strategy (NFIS) during a meeting held at the Prime Minister's Office. The meeting was attended by Minister for Finance Asad Umar, Advisor to Prime Minister
Published 23 Nov, 2018 12:00am
Five-year NFIS approved by PM

Five-year NFIS approved by PM

Prime Minister Imran Khan Thursday approved a 5-year plan for enhanced National Financial Inclusion Strategy (NFIS) during a meeting held at the Prime Minister's Office. The meeting was attended by Minister for Finance Asad Umar, Advisor to Prime Minister
Published 23 Nov, 2018 12:00am
BRIndex100 succumbs to selling pressure

BRIndex100 succumbs to selling pressure

Pakistan Stock Exchange witnessed bearish trend due to selling in various sectors. BRIndex100 lost 77.86 points or 1.77 percent to close at 4,318.02 points on Thursday. During the session, the BRIndex-100 touched an intraday high of 4,400.25 and an intrad
Published 23 Nov, 2018 12:00am
BRIndex100 succumbs to selling pressure

BRIndex100 succumbs to selling pressure

Pakistan Stock Exchange witnessed bearish trend due to selling in various sectors. BRIndex100 lost 77.86 points or 1.77 percent to close at 4,318.02 points on Thursday. During the session, the BRIndex-100 touched an intraday high of 4,400.25 and an intrad
Published 23 Nov, 2018 12:00am
BRIndex100 succumbs to selling pressure

BRIndex100 succumbs to selling pressure

Pakistan Stock Exchange witnessed bearish trend due to selling in various sectors. BRIndex100 lost 77.86 points or 1.77 percent to close at 4,318.02 points on Thursday. During the session, the BRIndex-100 touched an intraday high of 4,400.25 and an intrad
Published 23 Nov, 2018 12:00am
Modi targets gas exchange to ease shift from oil

Modi targets gas exchange to ease shift from oil

India is working to establish a natural gas trading exchange, its Prime Minister Narendra Modi said on Thursday, as part of a shift away from a reliance on crude oil based products which are blamed for much of the country''s pollution problem. "We want to
Published 23 Nov, 2018 12:00am
Modi targets gas exchange to ease shift from oil

Modi targets gas exchange to ease shift from oil

India is working to establish a natural gas trading exchange, its Prime Minister Narendra Modi said on Thursday, as part of a shift away from a reliance on crude oil based products which are blamed for much of the country's pollution problem. "We want to
Published 23 Nov, 2018 12:00am
Modi targets gas exchange to ease shift from oil

Modi targets gas exchange to ease shift from oil

India is working to establish a natural gas trading exchange, its Prime Minister Narendra Modi said on Thursday, as part of a shift away from a reliance on crude oil based products which are blamed for much of the country's pollution problem. "We want to
Published 23 Nov, 2018 12:00am
Usmani likely to become President/CEO of NBP

Usmani likely to become President/CEO of NBP

The federal government is likely to appoint Arif Usmani as President/ CEO of National Bank of Pakistan (NBP) for a period of three years, subject to proper test clearance by State Bank of Pakistan (SBP), sources close to Finance Minister told Business
Published 23 Nov, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (November 22, 2018) and the forecast for Friday (November 23, 2018).

Published 23 Nov, 2018 12:00am
Usmani likely to become President/CEO of NBP

Usmani likely to become President/CEO of NBP

The federal government is likely to appoint Arif Usmani as President/ CEO of National Bank of Pakistan (NBP) for a period of three years, subject to proper test clearance by State Bank of Pakistan (SBP), sources close to Finance Minister told Business
Published 23 Nov, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 22, 2018).

Published 23 Nov, 2018 12:00am
Usmani likely to become President/CEO of NBP

Usmani likely to become President/CEO of NBP

The federal government is likely to appoint Arif Usmani as President/ CEO of National Bank of Pakistan (NBP) for a period of three years, subject to proper test clearance by State Bank of Pakistan (SBP), sources close to Finance Minister told Business
Published 23 Nov, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (November 22, 2018).

Published 23 Nov, 2018 12:00am
Nissan drives out chairman after arrest

Nissan drives out chairman after arrest

Nissan board members voted unanimously to sack Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss who was stripped of the role while languishing in a Japanese jail. Ghosn stands accused of under-reporting his inc
Published 23 Nov, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Nov, 2018 12:00am
Nissan drives out chairman after arrest

Nissan drives out chairman after arrest

Nissan board members voted unanimously to sack Carlos Ghosn as chairman on Thursday, a spectacular fall from grace for the once-revered boss who was stripped of the role while languishing in a Japanese jail. Ghosn stands accused of under-reporting his inc
Published 23 Nov, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 23 Nov, 2018 12:00am
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