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Print - 2018-11-29
Justice Minallah becomes CJ IHC

Justice Minallah becomes CJ IHC

Justice Athar Minallah became the third Chief Justice of Islamabad High Court on Wednesday. President Dr Arif Alvi administered oath from Justice Minallah here at Aiwan-i-Sadr. Justice Iqbal Hameedur Rehman was the first chief justice of IHC. After his el
Published 29 Nov, 2018 12:00am
Cabinet may approve national tariff policy today

Cabinet may approve national tariff policy today

A meeting of the federal cabinet may approve today (Thursday) national tariff policy and review the government's performance in the first 100 days. An official said that though discussion on the government's first 100 days is not on the agenda of the fede
Published 29 Nov, 2018 12:00am
Country needs more and more water reservoirs

Country needs more and more water reservoirs

That Chief Justice of Pakistan Mian Saqib Nisar is strongly committed towards building new dams in the country is a fact. The response his mission statement in this regard has elicited from the Pakistanis at home and abroad is amazing. More and more peopl
Published 29 Nov, 2018 12:00am
Regulating new industries for a better economic outlook

Regulating new industries for a better economic outlook

Since our nation's existence, Pakistanis have been in a constant 'state of demand' with the governments for the very basic rights, i.e., proper transportation system, quality education, uninterrupted supply of electricity, clean drinking water, proper hea
Published 29 Nov, 2018 12:00am
Saudi Arabia nabs new China oil demand

Saudi Arabia nabs new China oil demand

Saudi Arabia is set to expand its market share in China this year for the first time since 2012, with demand stirred up by new Chinese refiners pushing the kingdom back into contention with Russia as top supplier to the world's largest oil buyer.
Published 29 Nov, 2018 12:00am
100 days: the good and the ominous

100 days: the good and the ominous

Many voted for PTI not so much for the love of it as their disillusionment with the rest. PTI promised hope and the disillusioned grabbed it. Some even voted for the likes of (oh, forget it. It's quite a list) just to give PTI a lift up. The chance of New
Published 29 Nov, 2018 12:00am
A deeply disturbing Campaign

A deeply disturbing Campaign

India's Hindu zealots are threatening, once again, to build Ram Temple in Ayodhya at the site of the 16th century Babri Mosque they razed in December 1992, triggering bloody riots that left more than 2000 people dead, an overwhelming majority of them Musl
Published 29 Nov, 2018 12:00am
First 100 days of PTI govt

First 100 days of PTI govt

Prime Minister Imran Khan's persistent plea to the media as well as the public to give his administration a grace period of 100 days to sort out the serious issues that the party inherited expired this Tuesday. Notwithstanding the fact that little over th
Published 29 Nov, 2018 12:00am
Govt-Etisalat dispute: Minister optimistic about resolution

Govt-Etisalat dispute: Minister optimistic about resolution

The government is expecting a major breakthrough with Dubai-based Etisalat. This was claimed by Federal Minister for Information Technology and Telecommunication Khalid Maqbool Siddiqui on Wednesday while saying that recent engagements with Etisalat remai
Published 29 Nov, 2018 12:00am
Govt-Etisalat dispute: Minister optimistic about resolution

Govt-Etisalat dispute: Minister optimistic about resolution

The government is expecting a major breakthrough with Dubai-based Etisalat. This was claimed by Federal Minister for Information Technology and Telecommunication Khalid Maqbool Siddiqui on Wednesday while saying that recent engagements with Etisalat remai
Published 29 Nov, 2018 12:00am
Govt-Etisalat dispute: Minister optimistic about resolution

Govt-Etisalat dispute: Minister optimistic about resolution

The government is expecting a major breakthrough with Dubai-based Etisalat. This was claimed by Federal Minister for Information Technology and Telecommunication Khalid Maqbool Siddiqui on Wednesday while saying that recent engagements with Etisalat remai
Published 29 Nov, 2018 12:00am
Foreign banks: $399.5 million borrowed during July-October

Foreign banks: $399.5 million borrowed during July-October

The Pakistan Tehreek-e-Insaf (PTI)-led government borrowed $160 million from foreign commercial banks in October, bringing the total to $399.5 million under this head in the current fiscal year (July-October) 2018-19, compared to $1.022 billion during the
Published 29 Nov, 2018 12:00am
Foreign banks: $399.5 million borrowed during July-October

Foreign banks: $399.5 million borrowed during July-October

The Pakistan Tehreek-e-Insaf (PTI)-led government borrowed $160 million from foreign commercial banks in October, bringing the total to $399.5 million under this head in the current fiscal year (July-October) 2018-19, compared to $1.022 billion during the
Published 29 Nov, 2018 12:00am
Foreign banks: $399.5 million borrowed during July-October

Foreign banks: $399.5 million borrowed during July-October

The Pakistan Tehreek-e-Insaf (PTI)-led government borrowed $160 million from foreign commercial banks in October, bringing the total to $399.5 million under this head in the current fiscal year (July-October) 2018-19, compared to $1.022 billion during the
Published 29 Nov, 2018 12:00am
Nawaz urges NAB to probe PM's sister

Nawaz urges NAB to probe PM's sister

Former Prime Minister Nawaz Sharif Wednesday said that National Accountability Bureau (NAB) should investigate how Prime Minister Imran Khan's sister Aleema Khan purchased property in Dubai.
Published 29 Nov, 2018 12:00am
Nawaz urges NAB to probe PM's sister

Nawaz urges NAB to probe PM's sister

Former Prime Minister Nawaz Sharif Wednesday said that National Accountability Bureau (NAB) should investigate how Prime Minister Imran Khan's sister Aleema Khan purchased property in Dubai.
Published 29 Nov, 2018 12:00am
10 killed in attack at UK security firm's Kabul compound

10 killed in attack at UK security firm's Kabul compound

At least 10 people were killed after a massive blast outside a British security company's compound in Kabul late Wednesday, officials said, with the attack claimed by the Taliban in the latest violence to target the Afghan capital. The interior ministry a
Published 29 Nov, 2018 12:00am
10 killed in attack at UK security firm's Kabul compound

10 killed in attack at UK security firm's Kabul compound

At least 10 people were killed after a massive blast outside a British security company's compound in Kabul late Wednesday, officials said, with the attack claimed by the Taliban in the latest violence to target the Afghan capital. The interior ministry a
Published 29 Nov, 2018 12:00am
Digital payments: SBP enhances security against cyber crimes

Digital payments: SBP enhances security against cyber crimes

The State Bank of Pakistan (SBP) Wednesday issued fresh guidelines on security of digital payments to safeguard banks and their customers from potential losses due to cyber crimes and online banking frauds.
Published 29 Nov, 2018 12:00am
Digital payments: SBP enhances security against cyber crimes

Digital payments: SBP enhances security against cyber crimes

The State Bank of Pakistan (SBP) Wednesday issued fresh guidelines on security of digital payments to safeguard banks and their customers from potential losses due to cyber crimes and online banking frauds.
Published 29 Nov, 2018 12:00am
Digital payments: SBP enhances security against cyber crimes

Digital payments: SBP enhances security against cyber crimes

The State Bank of Pakistan (SBP) Wednesday issued fresh guidelines on security of digital payments to safeguard banks and their customers from potential losses due to cyber crimes and online banking frauds.
Published 29 Nov, 2018 12:00am
PIA plans to induct four new aircraft

PIA plans to induct four new aircraft

Pakistan International Airlines (PIA) has planned to induct four new aircraft into its fleet, said President & CEO PIA, Air Marshal Arshad Malik on Wednesday. Addressing to PIA employees at the airline''s head office, he said that PIA had already started
Published 29 Nov, 2018 12:00am
PIA plans to induct four new aircraft

PIA plans to induct four new aircraft

Pakistan International Airlines (PIA) has planned to induct four new aircraft into its fleet, said President & CEO PIA, Air Marshal Arshad Malik on Wednesday. Addressing to PIA employees at the airline's head office, he said that PIA had already started o
Published 29 Nov, 2018 12:00am
PIA plans to induct four new aircraft

PIA plans to induct four new aircraft

Pakistan International Airlines (PIA) has planned to induct four new aircraft into its fleet, said President & CEO PIA, Air Marshal Arshad Malik on Wednesday. Addressing to PIA employees at the airline's head office, he said that PIA had already started o
Published 29 Nov, 2018 12:00am
MPS tomorrow: Monetary tightening may push up policy rate

MPS tomorrow: Monetary tightening may push up policy rate

The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Friday (November 30th) for next two months. In the previous policy announced on September 29, 2018, reviewing the economic and evolving macroeconomic situation, the independen
Published 29 Nov, 2018 12:00am
MPS tomorrow: Monetary tightening may push up policy rate

MPS tomorrow: Monetary tightening may push up policy rate

The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Friday (November 30th) for next two months. In the previous policy announced on September 29, 2018, reviewing the economic and evolving macroeconomic situation, the independen
Published 29 Nov, 2018 12:00am
MPS tomorrow: Monetary tightening may push up policy rate

MPS tomorrow: Monetary tightening may push up policy rate

The State Bank of Pakistan (SBP) will announce the Monetary Policy Statement on Friday (November 30th) for next two months. In the previous policy announced on September 29, 2018, reviewing the economic and evolving macroeconomic situation, the independen
Published 29 Nov, 2018 12:00am
ISPR rejects Indian media propaganda

ISPR rejects Indian media propaganda

Pakistan Military Wednesday rejected Indian media propaganda involving Chief of Army Staff General Qamar Javed Bajwa's handshake with a pro-Khalistan leader Gopal Chawla on the occasion of Kartarpur corridor groundbreaking, saying a peace initiative shoul
Published 29 Nov, 2018 12:00am
ISPR rejects Indian media propaganda

ISPR rejects Indian media propaganda

Pakistan Military Wednesday rejected Indian media propaganda involving Chief of Army Staff General Qamar Javed Bajwa's handshake with a pro-Khalistan leader Gopal Chawla on the occasion of Kartarpur corridor groundbreaking, saying a peace initiative shoul
Published 29 Nov, 2018 12:00am
India turns down invitation to attend Saarc summit

India turns down invitation to attend Saarc summit

India has turned down Pakistan's invitation to attend the long-awaited 19th South Asian Association for Regional Cooperation (Saarc) Summit pending since November 2016. Indian External Affairs Minister Sushma Swaraj on Wednesday stated in categorical term
Published 29 Nov, 2018 12:00am
India turns down invitation to attend Saarc summit

India turns down invitation to attend Saarc summit

India has turned down Pakistan's invitation to attend the long-awaited 19th South Asian Association for Regional Cooperation (Saarc) Summit pending since November 2016. Indian External Affairs Minister Sushma Swaraj on Wednesday stated in categorical term
Published 29 Nov, 2018 12:00am
Kartarpur corridor: PM lays foundation stone

Kartarpur corridor: PM lays foundation stone

Prime Minister Imran Khan laid the foundation stone of the much-awaited corridor flanked by Chief of Army Staff General Qamar Javed Bajwa, Foreign Minister Shah Mahmud Qureshi, Indian Minister Navjot Singh Sidhu, Minister for Housing Hardeep S. Puri. The
Published 29 Nov, 2018 12:00am
Kartarpur corridor: PM lays foundation stone

Kartarpur corridor: PM lays foundation stone

Prime Minister Imran Khan laid the foundation stone of the much-awaited corridor flanked by Chief of Army Staff General Qamar Javed Bajwa, Foreign Minister Shah Mahmud Qureshi, Indian Minister Navjot Singh Sidhu, Minister for Housing Hardeep S. Puri. The
Published 29 Nov, 2018 12:00am
We want to move forward: PM

We want to move forward: PM

Pakistan Prime Minister Imran Khan said on Wednesday his government and the military want to mend ties with arch-foe India, in the latest bid to improve relations between the nuclear-armed neighbours. "I, the prime minister, my political party, the rest o
Published 29 Nov, 2018 12:00am
We want to move forward: PM

We want to move forward: PM

Pakistan Prime Minister Imran Khan said on Wednesday his government and the military want to mend ties with arch-foe India, in the latest bid to improve relations between the nuclear-armed neighbours. "I, the prime minister, my political party, the rest o
Published 29 Nov, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Pakistan Stock Exchange Wednesday ended on a negative note due to selling in various sectors. BRIndex100 lost 22.25 points or 0.51 percent to close at 4,307.22 points. BRIndex-100 touched intraday high of 4,353.85 and intraday low of 4,303.58 points. Volu
Published 29 Nov, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Pakistan Stock Exchange Wednesday ended on a negative note due to selling in various sectors. BRIndex100 lost 22.25 points or 0.51 percent to close at 4,307.22 points. BRIndex-100 touched intraday high of 4,353.85 and intraday low of 4,303.58 points. Volu
Published 29 Nov, 2018 12:00am
BRIndex100 retreats

BRIndex100 retreats

Pakistan Stock Exchange Wednesday ended on a negative note due to selling in various sectors. BRIndex100 lost 22.25 points or 0.51 percent to close at 4,307.22 points. BRIndex-100 touched intraday high of 4,353.85 and intraday low of 4,303.58 points. Volu
Published 29 Nov, 2018 12:00am
Army chief filed tax return last month

Army chief filed tax return last month

Pakistan Army has placed an effective mechanism for ensuring filing of tax returns from all personnel who are earning taxable income as the Federal Board of Revenue (FBR) has collected around Rs 400 million per month in shape of taxes from military''s acc
Published 29 Nov, 2018 12:00am
Army chief filed tax return last month

Army chief filed tax return last month

Pakistan Army has placed an effective mechanism for ensuring filing of tax returns from all personnel who are earning taxable income as the Federal Board of Revenue (FBR) has collected around Rs 400 million per month in shape of taxes from military's acco
Published 29 Nov, 2018 12:00am
Army chief filed tax return last month

Army chief filed tax return last month

Pakistan Army has placed an effective mechanism for ensuring filing of tax returns from all personnel who are earning taxable income as the Federal Board of Revenue (FBR) has collected around Rs 400 million per month in shape of taxes from military's acco
Published 29 Nov, 2018 12:00am
Indonesia allows 20 tariff lines under PTA
Cotton

Indonesia allows 20 tariff lines under PTA

Indonesia has allowed Pakistan 20 tariff lines under the preferential trade agreement (PTA) that would help increase trade by around $150 million, said Adviser to Prime Minister on Commerce, Textile, Industry and Investment Abdul Razak Dawood.
Published 29 Nov, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (November 28, 2018) and the forecast for Thursday (November 29, 2018).

Published 29 Nov, 2018 12:00am
Indonesia allows 20 tariff lines under PTA
Cotton

Indonesia allows 20 tariff lines under PTA

Indonesia has allowed Pakistan 20 tariff lines under the preferential trade agreement (PTA) that would help increase trade by around $150 million, said Adviser to Prime Minister on Commerce, Textile, Industry and Investment Abdul Razak Dawood.
Published 29 Nov, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Nov, 2018 12:00am
Indonesia allows 20 tariff lines under PTA
Cotton

Indonesia allows 20 tariff lines under PTA

Indonesia has allowed Pakistan 20 tariff lines under the preferential trade agreement (PTA) that would help increase trade by around $150 million, said Adviser to Prime Minister on Commerce, Textile, Industry and Investment Abdul Razak Dawood.
Published 29 Nov, 2018 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 29 Nov, 2018 12:00am
Extreme Brexit could be worse than financial crisis for UK: BoE

Extreme Brexit could be worse than financial crisis for UK: BoE

Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months' time, the Bank of England said on Wednesday.
Published 29 Nov, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 28, 2018).

Published 29 Nov, 2018 12:00am
Extreme Brexit could be worse than financial crisis for UK: BoE

Extreme Brexit could be worse than financial crisis for UK: BoE

Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months' time, the Bank of England said on Wednesday.
Published 29 Nov, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 28, 2018)

Published 29 Nov, 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 Wednesday (November 28, 2018).

Published 29 Nov, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 28, 2018).

Published 29 Nov, 2018 12:00am
Mounting challenges

Mounting challenges

With the publication of fiscal operations for Q1, the full set of information on economic performance for Q1 is available together with four months data on several variables. What are the key takeaways?
Published 29 Nov, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 28, 2018).

Published 29 Nov, 2018 12:00am
Mounting challenges

Mounting challenges

With the publication of fiscal operations for Q1, the full set of information on economic performance for Q1 is available together with four months data on several variables. What are the key takeaways?
Published 29 Nov, 2018 12:00am
Pakistan may pay back IMF before Chinese debt: US

Pakistan may pay back IMF before Chinese debt: US

Pakistan is likely to pay off an International Monetary Fund bailout before its loans from China come due, easing concerns that IMF funds will be used to pay back Chinese creditors, the US Treasury''s top diplomat said on Tuesday.
Published 29 Nov, 2018 12:00am
Pakistan may pay back IMF before Chinese debt: US

Pakistan may pay back IMF before Chinese debt: US

Pakistan is likely to pay off an International Monetary Fund bailout before its loans from China come due, easing concerns that IMF funds will be used to pay back Chinese creditors, the US Treasury's top diplomat said on Tuesday.
Published 29 Nov, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee did not move sharply against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee rose by five paisas in relation to the dollar for buying and selling at Rs 133.99 and Rs 134.00 respectively, dealers sai
Published 29 Nov, 2018 12:00am
Pakistan may pay back IMF before Chinese debt: US

Pakistan may pay back IMF before Chinese debt: US

Pakistan is likely to pay off an International Monetary Fund bailout before its loans from China come due, easing concerns that IMF funds will be used to pay back Chinese creditors, the US Treasury's top diplomat said on Tuesday.
Published 29 Nov, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee did not move sharply against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee rose by five paisas in relation to the dollar for buying and selling at Rs 133.99 and Rs 134.00 respectively, dealers sai
Published 29 Nov, 2018 12:00am
Post of NBP president: Usmani''s name approved by cabinet

Post of NBP president: Usmani''s name approved by cabinet

The federal cabinet was informed on November 23 that the President, NBP is appointed by the Federal Government in consultation with State Bank of Pakistan, for a term of three years, as provided under Section 11(3)(a) of Banks (Nationalization) Act 1974.
Published 29 Nov, 2018 12:00am
Post of NBP president: Usmani's name approved by cabinet

Post of NBP president: Usmani's name approved by cabinet

The federal cabinet was informed on November 23 that the President, NBP is appointed by the Federal Government in consultation with State Bank of Pakistan, for a term of three years, as provided under Section 11(3)(a) of Banks (Nationalization) Act 1974.
Published 29 Nov, 2018 12:00am
Post of NBP president: Usmani's name approved by cabinet

Post of NBP president: Usmani's name approved by cabinet

The federal cabinet was informed on November 23 that the President, NBP is appointed by the Federal Government in consultation with State Bank of Pakistan, for a term of three years, as provided under Section 11(3)(a) of Banks (Nationalization) Act 1974.
Published 29 Nov, 2018 12:00am
US stocks surge as Powell hints at slowing rate hikes

US stocks surge as Powell hints at slowing rate hikes

Wall Street extended its gains on Wednesday after Federal Reserve Chair Jerome Powell said that the central bank''s policy rate was "just below" neutral, hinting at a potential moderation in the pace of policy tightening. The S&P 500 was up 1.9 percent, w
Published 29 Nov, 2018 12:00am
US stocks surge as Powell hints at slowing rate hikes

US stocks surge as Powell hints at slowing rate hikes

Wall Street extended its gains on Wednesday after Federal Reserve Chair Jerome Powell said that the central bank's policy rate was "just below" neutral, hinting at a potential moderation in the pace of policy tightening. The S&P 500 was up 1.9 percent, wh
Published 29 Nov, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (November 28, 2018).

Published 29 Nov, 2018 12:00am
US stocks surge as Powell hints at slowing rate hikes

US stocks surge as Powell hints at slowing rate hikes

Wall Street extended its gains on Wednesday after Federal Reserve Chair Jerome Powell said that the central bank's policy rate was "just below" neutral, hinting at a potential moderation in the pace of policy tightening. The S&P 500 was up 1.9 percent, wh
Published 29 Nov, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Nov, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Nov, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 29 Nov, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 29 Nov, 2018 12:00am