News Archives for Print - 2018-12-17 - Business Recorder

AIRLINK 166.94 ▼ -1.57 (-0.93%)

BOP 9.71 ▼ -0.08 (-0.82%)

CNERGY 7.82 ▼ -0.17 (-2.13%)

CPHL 88.87 ▲ 0.90 (1.02%)

FCCL 44.58 ▲ 0.65 (1.48%)

FFL 15.41 ▼ -0.11 (-0.71%)

FLYNG 28.62 ▲ 0.68 (2.43%)

HUBC 139.39 ▲ 1.42 (1.03%)

HUMNL 12.07 ▼ -0.30 (-2.43%)

KEL 4.20 ▼ -0.04 (-0.94%)

KOSM 5.48 ▼ -0.08 (-1.44%)

MLCF 67.46 ▲ 2.67 (4.12%)

OGDC 212.37 ▲ 0.68 (0.32%)

PACE 5.53 ▼ -0.20 (-3.49%)

PAEL 44.31 ▼ -0.71 (-1.58%)

PIAHCLA 16.80 ▼ -0.29 (-1.7%)

PIBTL 9.37 ▲ 0.14 (1.52%)

POWER 14.28 ▼ -0.17 (-1.18%)

PPL 164.05 ▼ -2.35 (-1.41%)

PRL 29.41 ▼ -1.24 (-4.05%)

PTC 21.30 ▲ 0.10 (0.47%)

SEARL 88.99 ▼ -1.48 (-1.64%)

SSGC 40.49 ▼ -0.56 (-1.36%)

SYM 14.64 ▲ 0.16 (1.1%)

TELE 7.17 ▼ -0.22 (-2.98%)

TPLP 9.15 ▼ -0.22 (-2.35%)

TRG 64.27 ▼ -0.73 (-1.12%)

WAVESAPP 9.42 ▼ -0.09 (-0.95%)

WTL 1.29 ▼ -0.02 (-1.53%)

YOUW 3.65 ▼ -0.07 (-1.88%)

AIRLINK 166.94 ▼ -1.57 (-0.93%)

BOP 9.71 ▼ -0.08 (-0.82%)

CNERGY 7.82 ▼ -0.17 (-2.13%)

CPHL 88.87 ▲ 0.90 (1.02%)

FCCL 44.58 ▲ 0.65 (1.48%)

FFL 15.41 ▼ -0.11 (-0.71%)

FLYNG 28.62 ▲ 0.68 (2.43%)

HUBC 139.39 ▲ 1.42 (1.03%)

HUMNL 12.07 ▼ -0.30 (-2.43%)

KEL 4.20 ▼ -0.04 (-0.94%)

KOSM 5.48 ▼ -0.08 (-1.44%)

MLCF 67.46 ▲ 2.67 (4.12%)

OGDC 212.37 ▲ 0.68 (0.32%)

PACE 5.53 ▼ -0.20 (-3.49%)

PAEL 44.31 ▼ -0.71 (-1.58%)

PIAHCLA 16.80 ▼ -0.29 (-1.7%)

PIBTL 9.37 ▲ 0.14 (1.52%)

POWER 14.28 ▼ -0.17 (-1.18%)

PPL 164.05 ▼ -2.35 (-1.41%)

PRL 29.41 ▼ -1.24 (-4.05%)

PTC 21.30 ▲ 0.10 (0.47%)

SEARL 88.99 ▼ -1.48 (-1.64%)

SSGC 40.49 ▼ -0.56 (-1.36%)

SYM 14.64 ▲ 0.16 (1.1%)

TELE 7.17 ▼ -0.22 (-2.98%)

TPLP 9.15 ▼ -0.22 (-2.35%)

TRG 64.27 ▼ -0.73 (-1.12%)

WAVESAPP 9.42 ▼ -0.09 (-0.95%)

WTL 1.29 ▼ -0.02 (-1.53%)

YOUW 3.65 ▼ -0.07 (-1.88%)

BR100 12,327 71.3 (0.58%)

BR30 36,803 80.1 (0.22%)

KSE100 115,469 449.5 (0.39%)

KSE30 35,563 234.3 (0.66%)

اردو

Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2018-12-17

Explosion at Japan restaurant injures 42

Explosion at Japan restaurant injures 42

An explosion at a restaurant in northern Japan injured 42 people late Sunday, police said, with the blast reportedly causing surrounding buildings to collapse. Fires broke out following the incident in the northern city of Sapporo, Kyodo news agency said,

Published 17 Dec, 2018 12:00am

Explosion at Japan restaurant injures 42

Explosion at Japan restaurant injures 42

An explosion at a restaurant in northern Japan injured 42 people late Sunday, police said, with the blast reportedly causing surrounding buildings to collapse. Fires broke out following the incident in the northern city of Sapporo, Kyodo news agency said,

Published 17 Dec, 2018 12:00am

THE RUPEE: weak trend

Currency

THE RUPEE: weak trend

The rupee continued slide against the dollar on the money market during the week, ended on Dec 15, 2018. The rupee fluctuated within narrow ranges in relation to the dollar for buying and selling at Rs 138.89 and Rs 138.92.

Published 17 Dec, 2018 12:00am

THE RUPEE: weak trend

Currency

THE RUPEE: weak trend

The rupee continued slide against the dollar on the money market during the week, ended on Dec 15, 2018. The rupee fluctuated within narrow ranges in relation to the dollar for buying and selling at Rs 138.89 and Rs 138.92.

Published 17 Dec, 2018 12:00am

Strike, lockdown shut IHK amid anger over killings

Strike, lockdown shut IHK amid anger over killings

A security clampdown and a strike sponsored by Kashmiris fighting against Indian rule shut most of Indian-held Kashmir on Sunday, a day after chaotic protests and fighting martyred seven civilians and four freedom fighters. Armed police and paramilitary s

Published 17 Dec, 2018 12:00am

Strike, lockdown shut IHK amid anger over killings

Strike, lockdown shut IHK amid anger over killings

A security clampdown and a strike sponsored by Kashmiris fighting against Indian rule shut most of Indian-held Kashmir on Sunday, a day after chaotic protests and fighting martyred seven civilians and four freedom fighters. Armed police and paramilitary s

Published 17 Dec, 2018 12:00am

Prime Minister condemns killing of innocent Kashmiris

Prime Minister condemns killing of innocent Kashmiris

Condemning the killing of innocent Kashmiri civilians in Pulwama, the Indian held Kashmir, Prime Minister Imran Khan has called for India to allow Kashmiris to decide their future. In a message on Twitter, Imran Khan said that only dialogue, not violence

Published 17 Dec, 2018 12:00am

Prime Minister condemns killing of innocent Kashmiris

Prime Minister condemns killing of innocent Kashmiris

Condemning the killing of innocent Kashmiri civilians in Pulwama, the Indian held Kashmir, Prime Minister Imran Khan has called for India to allow Kashmiris to decide their future. In a message on Twitter, Imran Khan said that only dialogue, not violence

Published 17 Dec, 2018 12:00am

Pakistan urges UN, HR groups to intervene

Pakistan urges UN, HR groups to intervene

Pakistan Sunday appealed to the international community to intervene immediately and emancipate innocent people of occupied Kashmir from Indian atrocities an ongoing killing spree. Addressing a news conference here on Sunday over latest killing spree by I

Published 17 Dec, 2018 12:00am

Pakistan urges UN, HR groups to intervene

Pakistan urges UN, HR groups to intervene

Pakistan Sunday appealed to the international community to intervene immediately and emancipate innocent people of occupied Kashmir from Indian atrocities an ongoing killing spree. Addressing a news conference here on Sunday over latest killing spree by I

Published 17 Dec, 2018 12:00am

Nations agree milestone rulebook for Paris climate treaty

Nations agree milestone rulebook for Paris climate treaty

Nations on Sunday struck a deal to breathe life into the landmark 2015 Paris climate treaty after marathon UN talks that failed to match the ambition the world's most vulnerable countries need to avert dangerous global warming. Delegates from nearly 200 s

Published 17 Dec, 2018 12:00am

Nations agree milestone rulebook for Paris climate treaty

Nations agree milestone rulebook for Paris climate treaty

Nations on Sunday struck a deal to breathe life into the landmark 2015 Paris climate treaty after marathon UN talks that failed to match the ambition the world's most vulnerable countries need to avert dangerous global warming. Delegates from nearly 200 s

Published 17 Dec, 2018 12:00am

Proposal under study to raise additional customs duty

Cotton

Proposal under study to raise additional customs duty

The government is examining a proposal to increase the rate of additional customs duty from 2 to 3 percent on imports across the board to generate revenue to the tune of Rs 25-28 billion during 2018-19. Among other taxation measures under consideration, s

Published 17 Dec, 2018 12:00am

Proposal under study to raise additional customs duty

Cotton

Proposal under study to raise additional customs duty

The government is examining a proposal to increase the rate of additional customs duty from 2 to 3 percent on imports across the board to generate revenue to the tune of Rs 25-28 billion during 2018-19. Among other taxation measures under consideration, s

Published 17 Dec, 2018 12:00am

Proposal under study to raise additional customs duty

Cotton

Proposal under study to raise additional customs duty

The government is examining a proposal to increase the rate of additional customs duty from 2 to 3 percent on imports across the board to generate revenue to the tune of Rs 25-28 billion during 2018-19. Among other taxation measures under consideration, s

Published 17 Dec, 2018 12:00am

Rupee will stabilise: SBP governor

Rupee will stabilise: SBP governor

Governor State Bank of Pakistan Tariq Bajwa has expressed the hope that Pak rupee (PKR) will be stabilized once money flows into the economy. "Only inflow of more dollars and improvement in the economy will help to improve the standing of the rupee", he a

Published 17 Dec, 2018 12:00am

Rupee will stabilise: SBP governor

Rupee will stabilise: SBP governor

Governor State Bank of Pakistan Tariq Bajwa has expressed the hope that Pak rupee (PKR) will be stabilized once money flows into the economy. "Only inflow of more dollars and improvement in the economy will help to improve the standing of the rupee", he a

Published 17 Dec, 2018 12:00am

Rupee will stabilise: SBP governor

Rupee will stabilise: SBP governor

Governor State Bank of Pakistan Tariq Bajwa has expressed the hope that Pak rupee (PKR) will be stabilized once money flows into the economy. "Only inflow of more dollars and improvement in the economy will help to improve the standing of the rupee", he a

Published 17 Dec, 2018 12:00am

Rocky week witnessed

Rocky week witnessed

Pakistan Stock Exchange witnessed mixed trend as the investors remained cautious over various issues. BRIndex100 closed at 4,074.43 points, with minor gains of only 3.02 points from last week's close at 4,071.41 points. Average daily volumes stood at 111.

Published 17 Dec, 2018 12:00am

Rocky week witnessed

Rocky week witnessed

Pakistan Stock Exchange witnessed mixed trend as the investors remained cautious over various issues. BRIndex100 closed at 4,074.43 points, with minor gains of only 3.02 points from last week's close at 4,071.41 points. Average daily volumes stood at 111.

Published 17 Dec, 2018 12:00am

Rocky week witnessed

Rocky week witnessed

Pakistan Stock Exchange witnessed mixed trend as the investors remained cautious over various issues. BRIndex100 closed at 4,074.43 points, with minor gains of only 3.02 points from last week''s close at 4,071.41 points. Average daily volumes stood at 111

Published 17 Dec, 2018 12:00am

Futures spread up by 390 basis points

Futures spread up by 390 basis points

The futures spread increased by 390bps to 13.54 percent on the last day of the outgoing week. Trading activities remained thin as average daily volumes decreased by 24.8 percent to 41.95 million shares. Average daily trading value declined by 25.8 percent

Published 17 Dec, 2018 12:00am

Futures spread up by 390 basis points

Futures spread up by 390 basis points

The futures spread increased by 390bps to 13.54 percent on the last day of the outgoing week. Trading activities remained thin as average daily volumes decreased by 24.8 percent to 41.95 million shares. Average daily trading value declined by 25.8 percent

Published 17 Dec, 2018 12:00am

PTA chairman elected SATRC's Chairman

PTA chairman elected SATRC's Chairman

Pakistan holds highly successful South Asian Telecommunication Regulators Council (SATRC), attended by all member states of the region under the umbrella of the Asia-Pacific Telecommunity (APT). The Chairman SATRC, Digambar Jha, Chairman of Nepal Regulato

Published 17 Dec, 2018 12:00am

Number of IT return filers increases by 30 percent: minister

Number of IT return filers increases by 30 percent: minister

Minister of State for Revenue Hammad Azhar has said that the number of income tax return filers has increased by 30 percent this year as the last date for filing of IT returns expires today (Monday). Talking to newsmen, he said that the number of IT retur

Published 17 Dec, 2018 12:00am

Number of IT return filers increases by 30 percent: minister

Number of IT return filers increases by 30 percent: minister

Minister of State for Revenue Hammad Azhar has said that the number of income tax return filers has increased by 30 percent this year as the last date for filing of IT returns expires today (Monday). Talking to newsmen, he said that the number of IT retur

Published 17 Dec, 2018 12:00am

Number of IT return filers increases by 30 percent: minister

Number of IT return filers increases by 30 percent: minister

Minister of State for Revenue Hammad Azhar has said that the number of income tax return filers has increased by 30 percent this year as the last date for filing of IT returns expires today (Monday). Talking to newsmen, he said that the number of IT retur

Published 17 Dec, 2018 12:00am

Car bomb kills 8 people in Syria's Afrin

Car bomb kills 8 people in Syria's Afrin

A car bomb killed at least eight people including four civilians near a pro-Turkey rebel post in the northern Syrian city of Afrin on Sunday, a British-based war monitor said. The Syrian Observatory for Human Rights said it was not clear who was behind th

Published 17 Dec, 2018 12:00am

PM, CoAS pay rich tributes to APS martyrs

PM, CoAS pay rich tributes to APS martyrs

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Sunday paid rich tributes to the martyrs of Army Public School (APS) Peshawar and salute to their brave parents. "Remembering and praying for our APS martyrs. Salute to the brave parents. Nation has

Published 17 Dec, 2018 12:00am

PM, CoAS pay rich tributes to APS martyrs

PM, CoAS pay rich tributes to APS martyrs

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Sunday paid rich tributes to the martyrs of Army Public School (APS) Peshawar and salute to their brave parents. "Remembering and praying for our APS martyrs. Salute to the brave parents. Nation has

Published 17 Dec, 2018 12:00am

Recent market 'jolt' will be first of many as easy money era ends: BIS

Recent market 'jolt' will be first of many as easy money era ends: BIS

Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.

Published 17 Dec, 2018 12:00am

Recent market 'jolt' will be first of many as easy money era ends: BIS

Recent market 'jolt' will be first of many as easy money era ends: BIS

Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.

Published 17 Dec, 2018 12:00am

Recent market ''jolt'' will be first of many as easy money era ends: BIS

Recent market ''jolt'' will be first of many as easy money era ends: BIS

Recent sharp selloffs across global financial markets are probably the first of many, as investors adjust to a world of tighter monetary conditions and the threat of economic downturn, the Bank of International Settlements said on Sunday.

Published 17 Dec, 2018 12:00am

Abraaj Group shares in KE: PM orders resolution of NSC issue

Abraaj Group shares in KE: PM orders resolution of NSC issue

Prime Minister Imran Khan has reportedly directed his Secretary Muhammad Azam Khan to resolve the lingering issue of National Security Certificate (NSC) required for sale purchase of 66.4 per cent shares of M/s Abraaj Group in K-Electric to M/s Shanghai E

Published 17 Dec, 2018 12:00am

Abraaj Group shares in KE: PM orders resolution of NSC issue

Abraaj Group shares in KE: PM orders resolution of NSC issue

Prime Minister Imran Khan has reportedly directed his Secretary Muhammad Azam Khan to resolve the lingering issue of National Security Certificate (NSC) required for sale purchase of 66.4 per cent shares of M/s Abraaj Group in K-Electric to M/s Shanghai E

Published 17 Dec, 2018 12:00am

Abraaj Group shares in KE: PM orders resolution of NSC issue

Abraaj Group shares in KE: PM orders resolution of NSC issue

Prime Minister Imran Khan has reportedly directed his Secretary Muhammad Azam Khan to resolve the lingering issue of National Security Certificate (NSC) required for sale purchase of 66.4 per cent shares of M/s Abraaj Group in K-Electric to M/s Shanghai E

Published 17 Dec, 2018 12:00am

Maldives seize $6.5 million from former president

Maldives seize $6.5 million from former president

Former Maldives president Abdulla Yameen is under investigation for corruption, police said Sunday, after a court ordered accounts holding $6.5 million to be frozen. Yameen, who was defeated in a September election, was interviewed by police on the honeym

Published 17 Dec, 2018 12:00am

Maldives seize $6.5 million from former president

Maldives seize $6.5 million from former president

Former Maldives president Abdulla Yameen is under investigation for corruption, police said Sunday, after a court ordered accounts holding $6.5 million to be frozen. Yameen, who was defeated in a September election, was interviewed by police on the honeym

Published 17 Dec, 2018 12:00am

The dire need for wealth creation

The dire need for wealth creation

Prime Minister Imran Khan as chief guest at Pakistan Economic Forum organised by the Pakistan Business Council (PBC) stated that "we have to help investors within and outside the country through facilitation as no investor will invest in Pakistan with the

Published 17 Dec, 2018 12:00am

Bureaucracy under fire

Bureaucracy under fire

Speaking at a function to present the assessment and evaluation of the 100-day agenda of the Pakistan Tehreek-e-Insaf (PTI) government in Khyber Pakhtunkhwa (KP) on his one-day trip to Peshawar on December 14, 2018, Prime Minister (PM) Imran Khan thundere

Published 17 Dec, 2018 12:00am

SBP 'autonomized' or not!

SBP 'autonomized' or not!

The question of State Bank of Pakistan's (SBP) autonomy has periodically surfaced but usually only when the country is embarked on an International Monetary Fund (IMF) programme, as it is a standard normal condition. This time around the Khan administrati

Published 17 Dec, 2018 12:00am

No work, eat and play

No work, eat and play

Classics last. Whether in pieces of art or writing or architecture the term "classic" means it has timeless value. Rarely have TV shows become so universal and so funny as the British satire "Yes Minister" and then later "Yes Prime Minister". Yes Minister

Published 17 Dec, 2018 12:00am

Shenzhen, China's reform pioneer, leads tech revolution

Shenzhen, China's reform pioneer, leads tech revolution

The southern city of Shenzhen is the symbol of the transformative reforms launched by China 40 years ago: former fishing villages that morphed into a global manufacturing hub. Today Shenzhen is again at the heart of a new policy aimed at turning China int

Published 17 Dec, 2018 12:00am

The MoU debate - II

The MoU debate - II

This is apropos a letter carried by the newspaper in its "Letters to Editor" column yesterday. There is no doubt about the fact that Razzak Dawood is the right person to give advice to the prime minister on a variety of issues related to his portfolio. I

Published 17 Dec, 2018 12:00am

'No clarity on Gwadar for local investors': an interview with CEO Pakistan International Bulk Terminal (PIBT)

'No clarity on Gwadar for local investors': an interview with CEO Pakistan International Bulk Terminal (PIBT)

Sharique Azim Siddiqui is the CEO of PIBT which is Pakistan's first bulk terminal for handling cement, clinker and coal. He joined Marine Group of Companies in 1997. He has served as the Project Director and Chief Operating Officer at Pakistan Internation

Published 17 Dec, 2018 12:00am

'No clarity on Gwadar for local investors': an interview with CEO Pakistan International Bulk Terminal (PIBT)

'No clarity on Gwadar for local investors': an interview with CEO Pakistan International Bulk Terminal (PIBT)

Sharique Azim Siddiqui is the CEO of PIBT which is Pakistan's first bulk terminal for handling cement, clinker and coal. He joined Marine Group of Companies in 1997. He has served as the Project Director and Chief Operating Officer at Pakistan Internation

Published 17 Dec, 2018 12:00am

Panahgahs open in Lahore and Peshawar

Panahgahs open in Lahore and Peshawar

To give refuge to Pakistani men, women and children who have been compelled by circumstances to sleep under the sky, the Government of Pakistan has inaugurated shelters in the form of Panahgahs. On the 10th of November, PM Imran Khan inaugurated the first

Published 17 Dec, 2018 12:00am

National exchequer: Telecom sector's contribution on a decline

National exchequer: Telecom sector's contribution on a decline

The contribution of telecom sector to national exchequer is on a continuous decline, estimated at Rs 147.23 billion during 2017-18 compared to Rs 161.43 billion in 2016-17, a decline of over Rs 14 billion, revealed Pakistan Telecommunication Authority (PT

Published 17 Dec, 2018 12:00am

PMIS to be extended in six Punjab jails soon

PMIS to be extended in six Punjab jails soon

The Punjab Information Technology Board (PITB)'s Prison Management Information System (PMIS) team gave a detailed demonstration and presentation to the Punjab's Minister Prisons Zawar Hussain Waraich and IG Prisons Mirza Shahid Saleem Baig and briefed tha

Published 17 Dec, 2018 12:00am

Afghan peace to give Pakistan access to Central Asia: minister

Afghan peace to give Pakistan access to Central Asia: minister

Khyber Pakhtunkhwa Minister for Information, Shaukat Ali Yousafzai, said that Pakistan and its KP province would be the biggest beneficiary of peaceful Afghanistan. "Pakistan will get access to Central Asia through peaceful Afghanistan and Peshawar will b

Published 17 Dec, 2018 12:00am

PPP to form next government if mid-term polls held, claims Zardari

PPP to form next government if mid-term polls held, claims Zardari

Pakistan Peoples Party (PPP) co-chairman and former president of Pakistan Asif Ali Zardari on Sunday said that PPP would form the next government if mid-term elections are held. While addressing a ceremony in Tando Allahyar, Asif Ali Zardari said the PPP

Published 17 Dec, 2018 12:00am

Lieutenant-General Akram may assume charge of PHEC acting chairman

Lieutenant-General Akram may assume charge of PHEC acting chairman

Lieutenant General Muhammad Akram Khan (R) is likely to assume the charge of acting chairperson of the Punjab Higher Education Commission (PHEC) until a new chairperson is appointed. Sources said that as the tenure of the Chairperson of the Punjab Higher

Published 17 Dec, 2018 12:00am

PTI accuses Sindh government of persisting water shortage in Karachi

PTI accuses Sindh government of persisting water shortage in Karachi

Pakistan Tehreek-e-Insaf (PTI) here Sunday staged a big protest demonstration against acute shortage of water in the mega city Karachi and held the provincial government of Sindh responsible for persisting water crisis in the city.

Published 17 Dec, 2018 12:00am

15,000 gutka packets, 750kg stale fish seized

15,000 gutka packets, 750kg stale fish seized

The Punjab Food Authority (PFA) on Sunday confiscated thousands of gutka packets and hundreds of kilograms stale fish during raids conducted in different areas of metropolitans. PFA Director General Captain Muhammad Usman(R) said that the raids were made

Published 17 Dec, 2018 12:00am

Aleem vows to help resolve people's problems

Aleem vows to help resolve people's problems

Senior Minister Punjab Abdul Aleem Khan has said that merit to be observed but there would be no compromise on solving people's problems and providing them relief. He expressed these views while addressing here in Public Secretariat where people from diff

Published 17 Dec, 2018 12:00am

Buzdar lauds PM for setting new benchmarks of public service

Buzdar lauds PM for setting new benchmarks of public service

Punjab Chief Minister Sardar Usman Buzdar has said that credit goes to Prime Minister Imran Khan for breaking the status quo of last thirty years and setting new bench marks of public service. He was talking to Secretary General of PTI Arshad Dad and newl

Published 17 Dec, 2018 12:00am

KP Food Department: AGP refers over Rs 4 billion non-recovery to PAC

KP Food Department: AGP refers over Rs 4 billion non-recovery to PAC

Auditor General of Pakistan (AGP) has detected non-recovery of a huge amount of Rs 4197.74 million by the Food Department of Khyber Pakhtunkhwa in head of subsidy, security and missing wheat during financial year 2014-15, said Audit Report 2015-16. Speake

Published 17 Dec, 2018 12:00am

Government to provide all support to make PIA viable entity: Soomro

Government to provide all support to make PIA viable entity: Soomro

"PIA is moving in the right direction and government will provide all out support for its revival", this was said by the Federal Minister for Privatization and Aviation, Muhammadmian Soomro who visited PIA head office. The minister was received by the Pre

Published 17 Dec, 2018 12:00am

Iranian firms participate in Build Asia show

Iranian firms participate in Build Asia show

Some eight Iranian companies active in the field of construction are participating in the 14th edition of International Build Asia Exhibition, which is being held in Karachi from Dec 15-17. According to Mahmoud Haji Yousefipour, Iran's commercial attaché

Published 17 Dec, 2018 12:00am

Mixed trend witnessed in retail market prices

Mixed trend witnessed in retail market prices

Mixed trend in essential food commodities, including pulses, vegetable, sugar, chicken meat, eggs, fruits was witnessed in retail market, said in a survey conducted by Business Recorder here on Sunday. According to the survey, price of chicken meat

Published 17 Dec, 2018 12:00am

Fateha offered for victims of APS carnage

Fateha offered for victims of APS carnage

As the nation remembered the great sacrifices of martyrs of APS tragedy and observed the 4th anniversary of terrorist attack Fateha Khawani was held and prayers offered for the martyrs at the mosque of CM office and other mosques here on Sunday. Chief Min

Published 17 Dec, 2018 12:00am

ANP calls for indiscriminate action against terrorists

ANP calls for indiscriminate action against terrorists

ANP's secretary general, Mian Iftikhar Hussain has said that the situation in the world is changing fast and in this connection we should change policies and end all kind of differences to take indiscriminate action against all terrorists and their facili

Published 17 Dec, 2018 12:00am

Preparations for Chitirmas in full swing

Preparations for Chitirmas in full swing

There is an euphoria among the people of Kalash valley in Chitral district in the ongoing Chitirmas festival. The men, women and children on Sunday made various items and toy animals of wheat flour and distributed them in Ramboor, Bamburet and Birrir vall

Published 17 Dec, 2018 12:00am

CoAS confirms death sentence of 15 terrorists

CoAS confirms death sentence of 15 terrorists

General Qamar Javed Bajwa, Chief of Army Staff (CoAS) on Sunday confirmed the death sentence awarded to 15 hardcore terrorists, who were involved in heinous offences related to terrorism, i.e. attacking the Armed Forces/ Law Enforcement Agencies of Pakist

Published 17 Dec, 2018 12:00am

Industrial estate's land: AGP issues notice to KP industries department

Industrial estate's land: AGP issues notice to KP industries department

The Auditor General of Pakistan (AGP) has noticed the blockage of public money to the tune of Rs 160.56 million allocated for the acquisition of land for the establishment of industrial estate and un-authorized retention of a fund of Rs83.39 million alloc

Published 17 Dec, 2018 12:00am

Irregularities in misuse of ATL facility: FBR fails to file comments before FTO

Irregularities in misuse of ATL facility: FBR fails to file comments before FTO

Federal Board of Revenue (FBR) has failed to file comments by the deadline of December 12 before Federal Tax Ombudsman (FTO) who has started investigation against a complaint of massive irregularities in misuse of Active Taxpayer (ATL) facility to purchas

Published 17 Dec, 2018 12:00am

Fall of Dhaka outcome of rulers' betrayal of Pakistan ideology: JI

Fall of Dhaka outcome of rulers' betrayal of Pakistan ideology: JI

Chief of Jamaat e Islami, Pakistan, Senator Sirajul Haq, has said that the fall of Dhaka was the outcome of the rulers' betrayal of the Pakistan ideology. Addressing a Shan e Risalat conference at Mansehra on Sunday, he said that the wounds of the debacle

Published 17 Dec, 2018 12:00am

Need stressed for engaging youths in Fata's merger

Need stressed for engaging youths in Fata's merger

Speakers at a seminar have welcomed the Fata merger and highlighted the need for including youth in the process. The seminar on 'Fata Merger: Youth Leadership p and Aspiration' was organized by PAIMAN Trust, a non-government organisation, at a hotel on Su

Published 17 Dec, 2018 12:00am

Pakistan elected VP of COP to UN Convention on Climate Change

Pakistan elected VP of COP to UN Convention on Climate Change

Pakistan has been elected as the Vice President and the Rapporteur of the Conference of Parties (COP) to the United Nations (UN) Framework Convention on Climate Change, at COP24 in Katowice, Poland on 15 December 2018 and member of five other climate chan

Published 17 Dec, 2018 12:00am

Speakers for promoting ideology of Pakistan

Speakers for promoting ideology of Pakistan

Speakers at a national conference organized by the Jamaat e Islami in connection with the fall of Dhaka underlined the need for promoting national unity and harmony and educating the younger generation about the Pakistan ideology in order to prevent simil

Published 17 Dec, 2018 12:00am

Stability in Afghanistan will bring peace in region: Sherpao

Stability in Afghanistan will bring peace in region: Sherpao

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Sunday said that peace could not be restored in the region unless stability was brought to Afghanistan. In a statement issued from the party's provincial secretariat Watar Kor, he said that Paki

Published 17 Dec, 2018 12:00am

Polls for FPCCI VPs-KP/Capital Area deferred: BMP

Polls for FPCCI VPs-KP/Capital Area deferred: BMP

Businessmen Panel's spokesperson Ahmad Jawad has said that the electoral college for choosing FPCCI Vice Presidents of KP and Capital Area is abolished and the election schedule for these two areas likely to be announced later because last date for submis

Published 17 Dec, 2018 12:00am

Government to equip madressas with modern education system: minister

Government to equip madressas with modern education system: minister

Minister of State for Interior, Shahryar Afridi has expressed resolve of the government to strengthen madressa (religious seminaries) in the country with a view to promote peace and humanity as per Qurani education and Sunnah.

Published 17 Dec, 2018 12:00am

If payment not made within 180 days: LHC rules input tax can't be denied to registered person

If payment not made within 180 days: LHC rules input tax can't be denied to registered person

A division bench of Lahore High Court has ruled that if payment is not made within 180 days through banking channel, the input tax cannot be denied to a registered person and penalty can be levied for not making payment within the prescribed period.

Published 17 Dec, 2018 12:00am

If payment not made within 180 days: LHC rules input tax can't be denied to registered person

If payment not made within 180 days: LHC rules input tax can't be denied to registered person

A division bench of Lahore High Court has ruled that if payment is not made within 180 days through banking channel, the input tax cannot be denied to a registered person and penalty can be levied for not making payment within the prescribed period.

Published 17 Dec, 2018 12:00am

PPP slams PTI over using NAB against rivals

PPP slams PTI over using NAB against rivals

Pakistan Peoples Party (PPP) Khyber Pakhtunkhwa chapter's president Mohammad Hamayun Khan warned the Prime Minister Imran Khan over influencing National Accountability Bureau (NAB) against political rivals and fulfilment of electoral commitments. Otherwis

Published 17 Dec, 2018 12:00am

Canadian scholar calls for engaging men for gender justice

Canadian scholar calls for engaging men for gender justice

The Head International Social development Department at the University of Calgary Alberta Canada Dr Amir Jamal delivered key note lecture at Pakistan Study Centre, University of Peshawar. Faculty members and PhD scholars attended the seminar. Director Pak

Published 17 Dec, 2018 12:00am

Centre not getting Sindh's cooperation: Ismail

Centre not getting Sindh's cooperation: Ismail

Sindh Governor Imran Ismail on Sunday said that the Sindh government was reluctant to cooperate with him, despite the federal government was 'extending its all out cooperation' to the provincial government. Responding to media queries on the second day of

Published 17 Dec, 2018 12:00am

Sri Lanka reinstates ousted PM, begins uneasy truce

Sri Lanka reinstates ousted PM, begins uneasy truce

Sri Lanka's president on Sunday reappointed as prime minister the same man he sacked from the job nearly two months ago, ending a power struggle and immediately setting off an uneasy cohabitation government. Ranil Wickremesinghe, whose shock dismissal in

Published 17 Dec, 2018 12:00am

Macron's ratings fall further

Macron's ratings fall further

A month of "yellow vest" protests have taken a further toll on the popularity of French President Emmanuel Macron, a new poll showed Sunday, with analysts saying he will be forced to change his style of governing. Around 66,000 protesters turned out again

Published 17 Dec, 2018 12:00am

Hamas chief praises West Bank 'resistance'

Hamas chief praises West Bank 'resistance'

Hamas leader Ismail Haniya praised "resistance" in the occupied West Bank in a speech to tens of thousands on Sunday after recent deadly attacks against Israelis. Haniya made the comments at a rally in Gaza City for the 31st anniversary of the Palestinian

Published 17 Dec, 2018 12:00am

Six children among 10 dead in Russia house fires

Six children among 10 dead in Russia house fires

Six children and four adults died in house fires in several Russian cities on Sunday, Russian media reported. Three toddlers died in a house fire in a village in Bashkortostan, a region south of the Ural mountains, news agency RIA Novosti reported.

Published 17 Dec, 2018 12:00am

Earthquake rocks Indonesia's Papua

Earthquake rocks Indonesia's Papua

A 6.1-magnitude earthquake hit Papua, in eastern Indonesia Sunday, US seismologists said, but no tsunami warning was issued. The quake was about 158 kilometres (98 miles) south-southwest of the province's capital Jayapura at 6:42 pm (0942 GMT), at a depth

Published 17 Dec, 2018 12:00am

Scuffles as Brussels anti-migration rally draws thousands

Scuffles as Brussels anti-migration rally draws thousands

Police deployed teargas and water cannon after scuffles broke out Sunday as thousands of people answered a call by far-right groups to reject a UN migration pact. Police said some 5,500 people rallied in Brussels' European quarter housing a number of EU i

Published 17 Dec, 2018 12:00am

May clashes with Blair over Brexit

May clashes with Blair over Brexit

An extraordinary public row broke out Sunday between British Prime Minister Theresa May and former Labour party leader Tony Blair over her Brexit deal. May accused Blair of insulting voters and trying to undermine her government with calls for a second re

Published 17 Dec, 2018 12:00am

North Korea condemns US sanctions, warns denuclearization at risk

North Korea condemns US sanctions, warns denuclearization at risk

North Korea on Sunday condemned the US administration for stepping up sanctions and pressure on the nuclear-armed country, warning of a return to "exchanges of fire" and that disarming Pyongyang could be blocked forever. The North's stinging response came

Published 17 Dec, 2018 12:00am

UN calls for 'credible' probe into Khashoggi murder

UN calls for 'credible' probe into Khashoggi murder

UN chief Antonio Guterres called Sunday for a "credible" probe into journalist Jamal Khashoggi's murder in Saudi Arabia's consulate in Istanbul. "It is absolutely essential to have a credible investigation and to have the punishment of those that were gui

Published 17 Dec, 2018 12:00am

Seven dead in southwest China mining accident

Seven dead in southwest China mining accident

Seven miners were killed and three others injured in an accident at a coal mine in southwestern China, state media reported. The accident occurred around 6.00pm (1000 GMT) Saturday after the connecting segment of a mining skip broke, causing it to plummet

Published 17 Dec, 2018 12:00am

Dressel snatches gold to burnish US superiority at swim worlds

Dressel snatches gold to burnish US superiority at swim worlds

American swimming's new golden boy Caeleb Dressel emerged at the death to pip Russia's Vladimir Morozov by just 0.02secs to win the 100m freestyle at the short course World Championships on Sunday. The 22-year-old Dressel has drawn lofty comparisons with

Published 17 Dec, 2018 12:00am

Hirscher powers to sixth consecutive giant slalom win

Hirscher powers to sixth consecutive giant slalom win

Olympic champion Marcel Hirscher of Austria set a blistering pace to snatch a sixth consecutive victory in the men's World Cup giant slalom at Alta Badia on Sunday by a 2.5-sec margin on his nearest rival. The seven-time defending overall World Cup champi

Published 17 Dec, 2018 12:00am

Badminton gold at last for 'proud' Sindhu, Shi stuns Momota

Badminton gold at last for 'proud' Sindhu, Shi stuns Momota

An emotional P.V. Sindhu finally got her hands on gold at badminton's season-ending World Tour Finals on Sunday while in the men's decider China's Shi Yuqi exacted stunning revenge over number one Kento Momota. The 23-year-old Indian Sindhu has suffered a

Published 17 Dec, 2018 12:00am

Australia battle to build lead of 175 over India

Australia battle to build lead of 175 over India

Australia's batsmen battled a deteriorating pitch in their bid to build a match-winning lead on the third day of the second Test in Perth on Sunday. The hosts led by 43 after both teams' first innings despite a superb Virat Kohli century, but found battin

Published 17 Dec, 2018 12:00am

Latham puts New Zealand in charge

Latham puts New Zealand in charge

Opener Tom Latham's unbeaten century put New Zealand in charge of the first Test against Sri Lanka in Wellington on Sunday, as the Black Caps raced past the tourists' first-innings total and looked to build an imposing lead. Latham was 121 not out at stum

Published 17 Dec, 2018 12:00am

Symonds reveals Singh's emotional apology

Symonds reveals Singh's emotional apology

Indian spinner Harbhajan Singh "broke down crying" when he finally made up with Andrew Symonds after the infamous "monkeygate" scandal had sent the Australian all-rounder into a downward spiral, he revealed Sunday. A decade on from the ugly incident in th

Published 17 Dec, 2018 12:00am

Germany to tighten rules on foreign takeovers

Germany to tighten rules on foreign takeovers

Germany plans to toughen rules on non-EU share purchases and acquisitions of its strategic companies, a report said Sunday, amid growing disquiet about takeovers by Chinese firms. Chancellor Angela Merkel's cabinet plans to approve the law change on Wedne

Published 17 Dec, 2018 12:00am

Indian court allows Vedanta to reopen controversial plant

Indian court allows Vedanta to reopen controversial plant

An Indian copper smelter at the centre of a police shooting that left 13 protesters dead has been granted permission to reopen by the country's environmental court. The Sterlite plant, owned by British mining giant Vedanta Resources, was closed after the

Published 17 Dec, 2018 12:00am

Finland cuts debt for the first time in decade

Finland cuts debt for the first time in decade

Finland has cancelled planned bond auctions for the remainder of the year and is on course to cut debt in 2018 for the first time in a decade, the finance ministry said on Sunday. Government debt was previously expected to increase by 1.3 billion euros th

Published 17 Dec, 2018 12:00am

Finland cuts debt for the first time in decade

Finland cuts debt for the first time in decade

Finland has cancelled planned bond auctions for the remainder of the year and is on course to cut debt in 2018 for the first time in a decade, the finance ministry said on Sunday. Government debt was previously expected to increase by 1.3 billion euros th

Published 17 Dec, 2018 12:00am

Indonesia, EFTA sign long delayed free trade deal

Indonesia, EFTA sign long delayed free trade deal

Indonesia on Sunday signed an economic agreement with the European Free Trade Association (EFTA) aimed at increasing trade and investment, concluding almost eight years of negotiations. Under the deal, tariffs and non-tariff barriers would be eliminated f

Published 17 Dec, 2018 12:00am

Nord Stream 2 can be justified if Ukraine's interests safeguarded

Nord Stream 2 can be justified if Ukraine's interests safeguarded

Germany's economy minister said he believed the Russian-backed Nord Stream 2 pipeline can go ahead while preserving Ukraine's vital interests, but that Berlin is also in talks to diversify its energy supply with liquefied natural gas. US President Donald

Published 17 Dec, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular

Today
Yesterday
Past 3 Days

NJLI Sarmaya Growth Fund Rates

Pakistan misses wheat production target

Pakistan misses wheat production target

Aurangzeb showcases economic reforms, secures global support

Aurangzeb showcases economic reforms, secures global support

Pakistan, India exchange gunfire for 2nd day as ties plummet after attack

Pakistan, India exchange gunfire for 2nd day as ties plummet after attack

SBP injects massive Rs11.85 trillion into banking system for up to 14 days

SBP injects massive Rs11.85 trillion into banking system for up to 14 days

Trade tensions to affect Pakistan more in region: IMF

Trade tensions to affect Pakistan more in region: IMF

Gwadar Port: SRO issued to allow potassium sulphate export

Gwadar Port: SRO issued to allow potassium sulphate export

‘Rs1.6trn to be saved’: NEPRA says to discontinue dollar-based indexations for four power plants

‘Rs1.6trn to be saved’: NEPRA says to discontinue dollar-based indexations for four power plants

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

Pakistan open to ‘neutral, transparent’ probe into Pahalgam attack: PM Shehbaz

⇧