News Archives for Print - 2019-01-23

Rulers seeking charity instead of making reforms: JI chief

Chief of Jamaat e Islami, Senator Sirajul Haq, has said that countries were run not trough donations but through economic reforms but the present rulers were bent upon seeking charity instead of making reforms. While addressing the oath taking ceremony of

Published 23 Jan, 2019 12:00am

DIBPL issues Rs 3.12 billion additional Tier-I Sukuk

Dubai Islamic Bank Pakistan Limited (DIBPL) announced the successful issuance of fully paid up, rated, perpetual, unsecured, subordinated, non-cumulative and contingent convertible and privately placed Mudarabah Sukuk Certificates. The Rs 3 billion Sukuk

Published 23 Jan, 2019 12:00am

SAI suggests no advance income taxes on filers

Chairman Taxation Sub-Committee of SITE Association of Industry Saud Mehmood has demanded that all withholding taxes: u/s 148 (import), 153 (sales), 231 (Cash withdrawal from banks), 235 (electricity consumption) and 236 (Phones and internet) should be re

Published 23 Jan, 2019 12:00am

Currency

Kohinoor Textile Mills

Kohinoor Textile Mills (PSX: KTM) is a renowned name in Pakistan's textile sector and has grown massively from its humble origins. Over the past 30 years, KTM has transformed itself from a small weaving mill to one of Pakistan's largest vertically integra

Published 23 Jan, 2019 12:00am

Currency

Kohinoor Textile Mills

Kohinoor Textile Mills (PSX: KTM) is a renowned name in Pakistan's textile sector and has grown massively from its humble origins. Over the past 30 years, KTM has transformed itself from a small weaving mill to one of Pakistan's largest vertically integra

Published 23 Jan, 2019 12:00am

Cosmetics products' uniform standards finalized

Harmonized standards for all the cosmetics products have been finalized and forwarded to the National Standard committee (NSC) for final approval. The standards were finalized at a two-day meeting of technical committee on cosmetics held at Pakistan Stand

Published 23 Jan, 2019 12:00am

FPCCI, LCCI discuss economic situation

A delegation of the Federation of Pakistan Chambers of Commerce and Industry Tuesday visited the Lahore Chamber of Commerce & Industry and had a detailed discussion on the prevailing economic situation in the country. LCCI President Almas Hyder presided o

Published 23 Jan, 2019 12:00am

Lack of planning major hurdle in economic growth: minister

The Punjab Finance Minster has said that lack of proper planning is a major hurdle in the economic growth of country while there was shortage of donors and resources for Punjab.

Published 23 Jan, 2019 12:00am

APTMA urges government to help revive growth of textile industry

The All Pakistan Textile Mills Association (APTMA) Chairman Syed Ali Ahsan has urged the government to protect the domestic commerce for the revival and growth of textile industry.

Published 23 Jan, 2019 12:00am

Punjab government finalises draft for domestic workers

The Punjab government has finalized a draft for domestic workers and has fixed minimum age of 15 years for the job, said sources. According to the draft, the domestic servants would be known as domestic workers and no one would be allowed to have forced l

Published 23 Jan, 2019 12:00am

Punjab government expands provincial Zakat council

The Standing Committee of the Cabinet on Legislative Business has approved a number of legislative amendments to expand the membership of Provincial Zakat Council (PZC) and accorded approval for regularization of contract employees of the Population Welfa

Published 23 Jan, 2019 12:00am

Nawaz undergoes checkup at PIC

Medical examination of the former Prime Minister Nawaz Sharif was carried out at the Punjab Institute of Cardiology (PIC) on Tuesday. After the examination, doctors found that Nawaz's heart is larger than normal, said sources. Nawaz Sharif was brought to

Published 23 Jan, 2019 12:00am

Plan for Punjab's youths to be unveiled in February: minister

Punjab youth entrepreneurship programme will be launched next month, under which province's youth will be provided with grants - not loans to execute their innovative ideas and earn respectable livelihood. It was disclosed by Muhammad Taimoor Khan, Punjab

Published 23 Jan, 2019 12:00am

FPCCI urges government to cut paper prices

The government should play a decisive role for reduction in paper prices as recent massive hikes have given a big blow to this business. Executive Member Federation of Pakistan Chamber of Commerce and Industry (FPCCI) Khamis Saeed Butt stated this while t

Published 23 Jan, 2019 12:00am

Sahiwal incident: Buzdar vows punishment to responsible

Punjab Chief Minister Sardar Usman Buzdar postponed his engagements due to Sahiwal incident and presided over a meeting relating to law & order on Tuesday.

Published 23 Jan, 2019 12:00am

Cotton

FCCI chief calls for withdrawal of RD on polyester, cotton yarn

Regulatory duty on polyester and cotton yarn must be withdrawn in proposed mini-budget in order to strengthen domestic manufacturing units after the recovery of export sector due to the positive steps taken by the government.

Published 23 Jan, 2019 12:00am

Minister for improving examination system

At the opening ceremony of the Children's Literature Festival, the Chief Guest, Provincial Minister Higher Education Raja Yasir Humayun Sarfaraz said that the examination system of the country needs to be improved in order to the entry test to be abolishe

Published 23 Jan, 2019 12:00am

Rain and hailstorm paralyse life in Lahore

Hailstorm with heavy rain hit Lahore and its adjacent areas on Tuesday evening sharply dropping the temperature, tripping off the electricity feeders and disrupting the normal life of the citizens. The Met office told Business Recorder that during

Published 23 Jan, 2019 12:00am

JV for Rs 309 billion Mohmand dam: Financial evaluation of Descon-China Gezhouba under way: Wapda

The Water and Power Development Authority (Wapda) is conducting technical evaluation of the financial bid of Descon-China Gezhouba joint venture for Rs 309 billion Mohmand Dam in order to materialize mobilization of contractors to the site next month, sai

Published 23 Jan, 2019 12:00am

Man shot dead in PECHS area

A man was shot dead by unknown assailants in the jurisdictions of Ferozabad police station here on Tuesday. According to police, the incident took place near Tayyaba Mosque, in PECHS Block-2 when armed men opened multiple fires targeting Muhammad Ali Shah

Published 23 Jan, 2019 12:00am

Uzair Baloch's production: Federal government submits reply in SHC

Federal government on Tuesday submitted response in the Sindh High Court (SHC) over production of the Lyari gangwar and outlawed People's Aman Committee Uzair Baloch. Justice Aftab Ahmed Gorar heard the plea regarding production of Uzair Baloch.

Published 23 Jan, 2019 12:00am

Sahiwal killings: LHC summons IGP Punjab tomorrow

The Lahore High Court on Tuesday directed Inspector General of Police (IGP) Punjab to appear before the court along with record of Sahiwal killings on January 24 in two identical petitions demanding judicial inquiry of the incident. The LHC Chief Justice

Published 23 Jan, 2019 12:00am

Absence of ministers, movers of motions irk Punjab speaker

The absence of ministers and movers of adjournment motions and resolutions in the Punjab Assembly prompted the Deputy Speaker to direct the government to "make sure it doesn't happen again". It was witnessed on the private members day in Punjab Assembly t

Published 23 Jan, 2019 12:00am

Middle East crisis not going to end soon: ex-envoy

The crisis in Middle East is not going to end soon and if, ended would not be to the likening of US, former ambassador Karamatullah Ghauri stated on Tuesday. Speaking at Pakistan Institute of International Affairs (PIIA on the topic 'Endgame in Middle Eas

Published 23 Jan, 2019 12:00am

BNP leader holds NHA responsible for Lasbela accident

Balochistan National Party (BNP) lawmaker Abdul Rauf Mengal on Tuesday held the National Highway Authority (NHA) responsible for a horrific collision between a bus and truck near Lasbela that left at least 27 people dead. Speaking to the media, he said th

Published 23 Jan, 2019 12:00am

Adviser for joint efforts to eradicate corruption

Advisor to Chief Minister Sindh for Information, Law and Anti-corruption Barrister Murtaza Wahab said that corruption had destroyed the very structure of society adding that joint efforts were required to eradicate it. Provincial Advisor said this while t

Published 23 Jan, 2019 12:00am

Rabbani calls for Senate body meeting to discuss extrajudicial killings

As civil rights movement challenging law enforcement abuses is gaining momentum in the wake of Sahiwal shooting, former Chairman Senate Raza Rabbani on Tuesday called for convening a meeting of Senate Committee of the Whole to discuss never ending extraju

Published 23 Jan, 2019 12:00am

Food Fair held at Hamdard School

Hamdard Public School has organized a food fair on January 9, 2019 to celebrate the 99th birth anniversary of Hakim Mohammed Said at Bilawal Stadium, Madinat al-Hikmah Karachi.

Published 23 Jan, 2019 12:00am

Modalities to make Saarc Food Bank functional discussed

The government of Pakistan hosted the 10th SAARC Food Bank board meeting on Tuesday. Pakistan hosted the meeting at its turn in alphabetical order amongst SAARC States after Nepal. This meeting had particular significance from the perspective of deliberat

Published 23 Jan, 2019 12:00am

'Proposal to develop LNG storage facilities under consideration'

In a bid to meet the energy requirements of the country, a proposal to develop liquefied natural gas (LNG) storage facilities is under consideration of the federal government, said an official of Petroleum Division. There are reservoirs of petroleum produ

Published 23 Jan, 2019 12:00am

Pakistan Horti Expo 2019 concludes

Special Secretary Agriculture Ehsan Bhutta said here on Tuesday that Pakistan is the preferred country with all the resources for investment opportunities in quality food production sector. He said that the government is fully committed to facilitate fore

Published 23 Jan, 2019 12:00am

CEC appointment: Mazari elected parliamentary body's chairperson

The Parliamentary Committee on appointment of the Chief Election Commissioner and Members of the Election Commission of Pakistan Tuesday elected Dr Shireen Mehrunnisa Mazari, MNA as its chairperson. The secretary National Assembly Secretariat welcomed the

Published 23 Jan, 2019 12:00am

Amreli Steels chairman calls on Alvi

President Dr Arif Alvi has said that the government is committed to develop private sector through investment promotion, improving the ease of doing business, employment generation and fast growth of manufacturing sector.

Published 23 Jan, 2019 12:00am

German-French reconciliation act can inspire other countries: envoy

German-French reconciliation can be an inspiration for other countries and regions including South Asia and if there is stability in the region, there will be greater economic integration with open borders for trade between Pakistan and India. This was st

Published 23 Jan, 2019 12:00am

Peshawar BRI project: Credit facility accord for 130 million euros signed with AFD

Pakistan on Tuesday signed a credit facility agreement of 130 million euros with French Development Agency (AFD) for Peshawar Sustainable Bus Rapid Transit Corridor project. Secretary Economic Affairs Division (EAD) Noor Ahmed and Marc Barety, Ambassador

Published 23 Jan, 2019 12:00am

Over 400 children affected by Leishmania in Mohmand

Leishmania has affected more than 400 children in Pandiali tehsil of Mohmand district. Local residents of Pandiali tehsil told media at the district headquarters in Ghalanai on Tuesday, the most affected areas of tehsil Pandiali are Danish Kool, Darra, Ga

Published 23 Jan, 2019 12:00am

Currency

Efforts afoot to bring $1.5 billion investment for auto industry under way: Senate panel told

The automotive manufacturers operating in Pakistan have planned to bring an investment of $1.5 billion in auto industry of the country This was stated by Amir Allahwala, former Chairman Pakistan Association of Automotive Parts & Accessories Manufacturers,

Published 23 Jan, 2019 12:00am

Body formed for Thar's Development

Sindh Chief Secretary Syed Mumtaz Ali Shah has formed a committee to ensure the strengthening the development activities in Thar with a view to enhance the facilities of Food, Health and Education specifically, including water to people of Thar. The commi

Published 23 Jan, 2019 12:00am

Karachi Circular Railway: CM seeks financial assistance from federal government

Sindh Chief Minister Syed Murad Ali Shah sought the federal government's financial assistance to initiate the Karachi Circular Railway (KCR) project, saying the Chinese companies are interested to undertake the task.

Published 23 Jan, 2019 12:00am

Fisherman records waterspout in rare weather phenomenon

Boat skipper trawling a boat with his crew members for tuna fish about 57 nautical miles off the Ghora Bari coast of Sindh recorded the rare weather phenomenon of waterspout earlier this week, the WWF-Pakistan said on Tuesday.

Published 23 Jan, 2019 12:00am

SSGC tightens grip on gas thieves in Quetta

Sui Southern Gas Company (SSGC) has continued to tighten its grip on the miscreants involved in gas theft through its Operation, the anti-theft drive being carried out in the Company's franchise provinces of Sindh and Balochistan.

Published 23 Jan, 2019 12:00am

Need for ensuring import and export of quality items stressed

Director General Quarantine DPP, Dr Falak Naz has emphasised that the Department Plant Protection (DPP) has to ensure quality imports and exports at any cost. Speaking at a meeting of Karachi Chamber of Commerce & Industry (KCCI), he also called for strin

Published 23 Jan, 2019 12:00am

SBCA barred from issuing NoCs: SC orders to raze all illegal constructions in Karachi

The Supreme Court (SC) on Tuesday ordered to raze all illegal constructions in the metropolis and barred the Sindh Building Control Authority (SBCA) to issue NoCs for the commercial buildings unless these are approved by environment protection agency.

Published 23 Jan, 2019 12:00am

President confers Nishan-i-Imtiaz on Saudi Army chief

President Dr Arif Alvi conferred the Nishan-i-Imtiaz (Military) on the visiting Chief of the General Staff of Saudi Armed Forces, General Fayiadh Bin Hamed Bin Ragad Al-Rowaily at a special ceremony at Aiwan-e-Sadr in Islamabad on Tuesday.

Published 23 Jan, 2019 12:00am

Appointment of CEO PIA: Rabbani questions objective behind certain qualifications

Former Chairman Senate Raza Rabbani on Tuesday questioned the objective behind certain qualifications mentioned in the advertisement to seek applications for the post of CEO Pakistan International Airlines (PIA) including experience of war operations and

Published 23 Jan, 2019 12:00am

Shahbaz moves LHC for bail in Ashiana scam

Leader of Opposition in the National Assembly Muhammad Shahbaz Sharif on Tuesday approached the Lahore High Court for bail in Ashiana-e-Iqbal Housing Scheme scam on medical ground.

Published 23 Jan, 2019 12:00am

Parveen Rehman's case: federal, Sindh governments told to trace persons making threatening calls

The Supreme Court on Tuesday issued directives to the federal and Sindh governments to trace out persons who are making threatening calls to the family of slain social activist Parveen Rehman and Director Orangi Pilot Project (OPP) Anwar Rashid.

Published 23 Jan, 2019 12:00am

Mobile wallet accounts: PTA calls for growing G2P, B2P digital payment system

Out of 38.5 million mobile wallet accounts, 53 percent are inactive in the country due to lack of convenient options to use those funds for day-to-day transactions, revealed Pakistan Telecommunication Authority. According to the PTA documents, the country

Published 23 Jan, 2019 12:00am

IHC turns down petition challenging Shahbaz's appointment as PAC chief

The Islamabad High Court Tuesday turned down a petition challenging the appointment of Leader of the Opposition Shahbaz Sharif as chairman of the Public Accounts Committee (PAC).

Published 23 Jan, 2019 12:00am

FIR under ATA lodged against 16 CTD officials: NA told

Federal Minister for Human Rights Dr Shireen Mazari informed the National Assembly on Tuesday that first information report (FIR) under Anti-Terrorism Act has been registered against as many as 16 officials of the Counter-Terrorism Department (CTD) involv

Published 23 Jan, 2019 12:00am

Senate body seeks report on law reforms from Law ministry

Special Committee on Law Reforms Tuesday decided to write a letter to the Ministry of Law and Justice to seek a report on the work carried out with respect to law reforms in the country within seven days. The committee approved its terms of reference (ToR

Published 23 Jan, 2019 12:00am

'In cold blood'

This is apropos a Business Recorder op-ed "In cold blood" carried out by the newspaper yesterday. The writer, Rashed Rahman, has thrown ample light on the Sahiwal tragedy. He has plausibly argued, among other things, that "The first recipients of t

Published 23 Jan, 2019 12:00am

Little chance of quick end to painful month-long US shutdown

The United States on Tuesday enters the second month of a partial government shutdown over a lack of congressional funding, with no quick end in sight to the historic crisis weighing on the nation's economy and morale. Since December 22, a quarter of the

Published 23 Jan, 2019 12:00am

As outlook darkens, central banks think hard about their language

As central banks stock up on policy ammunition in the face of a worsening global economic outlook, they are having to reassess one of their most delicate weapons - the 'forward guidance' they use to flag their intentions to the markets.

Published 23 Jan, 2019 12:00am

AI brings down AML cost

The cost of fighting financial crime is said to be enormous. In the US alone, the cost of anti-money laundering ("AML") compliance is estimated at $23.5 billion per year. European banks come closer with $20 billion spent annually.

Published 23 Jan, 2019 12:00am

The gruesome CTD 'encounter'

What happened on Saturday near Sahiwal by all accounts was a case of 'police encounter', a seemingly inoffensive term used by the law enforcement agencies in this country to cover up extrajudicial killings. Four occupants of a car - a couple, their 13-yea

Updated 29 Jul, 2019 07:32am

Foreign investment decline

It is a matter of great concern that foreign investment in the country has dropped substantially during the first half of FY19. According to the latest data released by the State Bank of Pakistan (SBP), Foreign Direct Investment (FDI) in the country stood

Updated 29 Jul, 2019 07:32am

Taliban ready to proceed with US talks as Afghanistan counts dead

Preparatory talks for peace negotiations between the US and the Taliban will continue Tuesday, according to the Taliban, despite an attack by the militants the day before that left more than 100 dead at an Afghan spy agency base. Taliban representatives h

Published 23 Jan, 2019 12:00am

Taliban ready to proceed with US talks as Afghanistan counts dead

Preparatory talks for peace negotiations between the US and the Taliban will continue Tuesday, according to the Taliban, despite an attack by the militants the day before that left more than 100 dead at an Afghan spy agency base. Taliban representatives h

Published 23 Jan, 2019 12:00am

Cotton

PSDP will be reviewed with provinces' nod: minister

Federal Minister for Planning, Development & Reform Khusro Bakhtiar has said that Public Sector Development Programme (PSDP) will be reviewed in consultation with all the provincial governments with regard to needs of irrigation and agriculture sectors in

Published 23 Jan, 2019 12:00am

Cotton

PSDP will be reviewed with provinces' nod: minister

Federal Minister for Planning, Development & Reform Khusro Bakhtiar has said that Public Sector Development Programme (PSDP) will be reviewed in consultation with all the provincial governments with regard to needs of irrigation and agriculture sectors in

Published 23 Jan, 2019 12:00am

Kartarpur Corridor: India responds

The Indian government on Tuesday responded to Pakistan's proposed draft agreement on opening Kartarpur Corridor and proposed two set of dates, February 26 and March 7, 2019, for the talks on finalising the modalities in New Delhi instead of Islamabad. "Pu

Published 23 Jan, 2019 12:00am

Kartarpur Corridor: India responds

The Indian government on Tuesday responded to Pakistan's proposed draft agreement on opening Kartarpur Corridor and proposed two set of dates, February 26 and March 7, 2019, for the talks on finalising the modalities in New Delhi instead of Islamabad. "Pu

Published 23 Jan, 2019 12:00am

Land in Karachi: Bahria Town raises offer to Rs 358 billion

The Supreme Court on Tuesday turned down Bahria Town's offer of Rs 358 billion for over 16,000 acres of land in Karachi for developing a housing society. A three-judge implementation bench, headed by Justice Sheikh Azmat Saeed, heard the matter regarding

Published 23 Jan, 2019 12:00am

Land in Karachi: Bahria Town raises offer to Rs 358 billion

The Supreme Court on Tuesday turned down Bahria Town's offer of Rs 358 billion for over 16,000 acres of land in Karachi for developing a housing society. A three-judge implementation bench, headed by Justice Sheikh Azmat Saeed, heard the matter regarding

Published 23 Jan, 2019 12:00am

SRB to achieve FY19 target of Rs 120 billion: chairman

Sindh Revenue Board (SRB) will achieve its annual budgetary revenue target of Rs 120 billion in current fiscal year, said SRB chairman, Khalid Mehmood. During his visit to Karachi Chamber of Commerce and Industry (KCCI), Mehmood said that the provincial r

Published 23 Jan, 2019 12:00am

SRB to achieve FY19 target of Rs 120 billion: chairman

Sindh Revenue Board (SRB) will achieve its annual budgetary revenue target of Rs 120 billion in current fiscal year, said SRB chairman, Khalid Mehmood. During his visit to Karachi Chamber of Commerce and Industry (KCCI), Mehmood said that the provincial r

Published 23 Jan, 2019 12:00am

Keep humans in good jobs in the robot era: ILO

Governments must ensure the global economy keeps providing decent jobs - and not just for robots, a global commission set up by the International Labour Organization said on Tuesday. The "Global Commission on the Future of Work", co-chaired by South Afric

Published 23 Jan, 2019 12:00am

Keep humans in good jobs in the robot era: ILO

Governments must ensure the global economy keeps providing decent jobs - and not just for robots, a global commission set up by the International Labour Organization said on Tuesday. The "Global Commission on the Future of Work", co-chaired by South Afric

Published 23 Jan, 2019 12:00am

War against terror: UN values Pakistan's role: UNGA president

United Nations General Assembly President Maria Fernanda Espinosa Garces on Tuesday acknowledged and appreciated the Pakistan Army's contributions for the United Nations in maintaining peace and stability in conflict zones. According to Inter-Services Pub

Published 23 Jan, 2019 12:00am

War against terror: UN values Pakistan's role: UNGA president

United Nations General Assembly President Maria Fernanda Espinosa Garces on Tuesday acknowledged and appreciated the Pakistan Army's contributions for the United Nations in maintaining peace and stability in conflict zones. According to Inter-Services Pub

Published 23 Jan, 2019 12:00am

SC acquits death-row convicts

The Supreme Court on Tuesday rejected an appeal against acquittal of three death row convicts by the Lahore High Court (LHC) in the murder case of Asim Javed giving them benefit of doubt. A three-judge bench headed by Chief Justice of Pakistan Asif Saeed

Published 23 Jan, 2019 12:00am

Top US diplomat for Europe resigns, cites personal, professional reasons

The top US diplomat for European affairs, Wess Mitchell, has resigned, according to his resignation letter seen by Reuters on Tuesday at a time of strains in the trans-Atlantic relationship over US President Donald Trump's policies. In the letter to US Se

Published 23 Jan, 2019 12:00am

Office-bearers of People's Labour Bureau announced

With the approval of party Chairman Bilawal Bhutto Zardari, President Pakistan People's Party (PPP) Sindh Chapter Nisar Khuhro has appointed office bearers of People's Labour Bureau Sindh, and People's Labour Bureau Karachi Division.

Published 23 Jan, 2019 12:00am

Ronaldo accepts fine for tax evasion, avoids jail

Portuguese soccer star Cristiano Ronaldo was fined almost 19 million euros ($21.6 million) for tax fraud on Tuesday but will avoid serving a 23-month prison sentence after agreeing a deal. Ronaldo, holding hands with his Spanish fiancee Georgina Rodriguez

Published 23 Jan, 2019 12:00am

Special cabinet meeting

Prime Minister Imran Khan has convened a special cabinet meeting today (Wednesday) at 2:00pm, which will be followed by a Pakistan Tehreek-e-Insaf parliamentary party meeting wherein, according to sources, Finance Minister Asad Umar will brief the party p

Published 23 Jan, 2019 12:00am

Special cabinet meeting

Prime Minister Imran Khan has convened a special cabinet meeting today (Wednesday) at 2:00pm, which will be followed by a Pakistan Tehreek-e-Insaf parliamentary party meeting wherein, according to sources, Finance Minister Asad Umar will brief the party p

Published 23 Jan, 2019 12:00am

''Mini-budget'' today: Government to unveil its ''vision'' amid BoP woes

Minister for Information and Broadcasting Fawad Chaudhry Tuesday said that the government will present its economic agenda before the masses through the ''mini-budget'' in the National Assembly on Wednesday (today). "The government is going to present its

Published 23 Jan, 2019 12:00am

'Mini-budget' today: Government to unveil its 'vision' amid BoP woes

Minister for Information and Broadcasting Fawad Chaudhry Tuesday said that the government will present its economic agenda before the masses through the 'mini-budget' in the National Assembly on Wednesday (today). "The government is going to present its e

Published 23 Jan, 2019 12:00am

'Mini-budget' today: Government to unveil its 'vision' amid BoP woes

Minister for Information and Broadcasting Fawad Chaudhry Tuesday said that the government will present its economic agenda before the masses through the 'mini-budget' in the National Assembly on Wednesday (today). "The government is going to present its e

Published 23 Jan, 2019 12:00am

BRIndex100 stays in green zone

Bullish trend continued on Pakistan Stock Exchange on the back of healthy buying in various sectors. BRIndex100 gained 51.51 points or 1.23 percent to close at 4,245.33 points on Tuesday. During the session, the BRIndex-100 touched an intraday high of 4,2

Published 23 Jan, 2019 12:00am

BRIndex100 stays in green zone

Bullish trend continued on Pakistan Stock Exchange on the back of healthy buying in various sectors. BRIndex100 gained 51.51 points or 1.23 percent to close at 4,245.33 points on Tuesday. During the session, the BRIndex-100 touched an intraday high of 4,2

Published 23 Jan, 2019 12:00am

BRIndex100 stays in green zone

Bullish trend continued on Pakistan Stock Exchange on the back of healthy buying in various sectors. BRIndex100 gained 51.51 points or 1.23 percent to close at 4,245.33 points on Tuesday. During the session, the BRIndex-100 touched an intraday high of 4,2

Published 23 Jan, 2019 12:00am

Major-General Amir Azeem (retd) made new PTA chairman

The federal government has appointed Major-General Amir Azeem Bajwa (retd) as new chairman of Pakistan Telecommuni-cation Authority (PTA). The Cabinet Division Tuesday issued a notification to this affect which stated, "The federal government is pleased t

Published 23 Jan, 2019 12:00am

Major-General Amir Azeem (retd) made new PTA chairman

The federal government has appointed Major-General Amir Azeem Bajwa (retd) as new chairman of Pakistan Telecommuni-cation Authority (PTA). The Cabinet Division Tuesday issued a notification to this affect which stated, "The federal government is pleased t

Published 23 Jan, 2019 12:00am

Major-General Amir Azeem (retd) made new PTA chairman

The federal government has appointed Major-General Amir Azeem Bajwa (retd) as new chairman of Pakistan Telecommuni-cation Authority (PTA). The Cabinet Division Tuesday issued a notification to this affect which stated, "The federal government is pleased t

Published 23 Jan, 2019 12:00am

PM, Qatari emir discuss trade

Prime Minister Imran Khan held one-on-one meeting with Emir of Qatar Sheikh Tamim bin Hamad Al Thani here at Diwan-e-Amiri on Tuesday and discussed bilateral relations as well as the trade and economic cooperation between Pakistan and the State of Qatar.

Published 23 Jan, 2019 12:00am

PM, Qatari emir discuss trade

Prime Minister Imran Khan held one-on-one meeting with Emir of Qatar Sheikh Tamim bin Hamad Al Thani here at Diwan-e-Amiri on Tuesday and discussed bilateral relations as well as the trade and economic cooperation between Pakistan and the State of Qatar.

Published 23 Jan, 2019 12:00am

PM, Qatari emir discuss trade

Prime Minister Imran Khan held one-on-one meeting with Emir of Qatar Sheikh Tamim bin Hamad Al Thani here at Diwan-e-Amiri on Tuesday and discussed bilateral relations as well as the trade and economic cooperation between Pakistan and the State of Qatar.

Published 23 Jan, 2019 12:00am

NAB's CIT begins investigations into fake accounts case

The Combined Investigation Team (CIT) of National Accountability Bureau (NAB) has started investigation into the fake bank accounts and money laundering case against former President and Co-Chairman Pakistan Peoples Party Asif Ali Zardari, Chairman PPP Bi

Published 23 Jan, 2019 12:00am

NAB's CIT begins investigations into fake accounts case

The Combined Investigation Team (CIT) of National Accountability Bureau (NAB) has started investigation into the fake bank accounts and money laundering case against former President and Co-Chairman Pakistan Peoples Party Asif Ali Zardari, Chairman PPP Bi

Published 23 Jan, 2019 12:00am

Sahiwal operation '100 percent genuine', insists Basharat

Punjab Law Minister Raja Basharat has claimed that the Sahiwal encounter on Saturday in Quaidabad locality of Sahiwal district was "100 percent genuine" and an "in-camera" briefing will be arranged on Wednesday (today) for journalists about the links of o

Published 23 Jan, 2019 12:00am

The Weather

The weather report on Tuesday (January 22, 2019) and the forecast for Wednesday (January 23, 2019).

Published 23 Jan, 2019 12:00am

Sahiwal operation '100 percent genuine', insists Basharat

Punjab Law Minister Raja Basharat has claimed that the Sahiwal encounter on Saturday in Quaidabad locality of Sahiwal district was "100 percent genuine" and an "in-camera" briefing will be arranged on Wednesday (today) for journalists about the links of o

Published 23 Jan, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 22, 2019).

Published 23 Jan, 2019 12:00am

Abu Dhabi fund allocates $3 billion deposit to SBP

The Abu Dhabi Fund for Development has allocated $3 billion to Pakistan through a deposit into the country''s central bank, the fund said on Tuesday. Pakistan is battling to bring under control a gaping current account deficit that has hurt its economy an

Published 23 Jan, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 22, 2019).

Published 23 Jan, 2019 12:00am

Abu Dhabi fund allocates $3 billion deposit to SBP

The Abu Dhabi Fund for Development has allocated $3 billion to Pakistan through a deposit into the country's central bank, the fund said on Tuesday. Pakistan is battling to bring under control a gaping current account deficit that has hurt its economy and

Published 23 Jan, 2019 12:00am

LME official prices

The following were Monday official prices.

Published 23 Jan, 2019 12:00am

Abu Dhabi fund allocates $3 billion deposit to SBP

The Abu Dhabi Fund for Development has allocated $3 billion to Pakistan through a deposit into the country's central bank, the fund said on Tuesday. Pakistan is battling to bring under control a gaping current account deficit that has hurt its economy and

Published 23 Jan, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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