News Archives for Print - 2019-03-02

Currency

Most Asian units end week on weaker note

Most Asian currencies ended the week on a weaker note on Friday as the U.S dollar firmed and uncertainty over US-China trade negotiations kept many investors on the sidelines. The dollar was helped by a spike in Treasury yields after data showed the US ec

Published 02 Mar, 2019 12:00am

Currency

Sterling enjoys biggest weekly rise in a month

The pound slipped on Friday after survey data showed British factories slashed jobs in February, but still enjoyed its biggest weekly rise in a month on receding fears that Britain will leave the European Union without a deal. The British currency surged

Published 02 Mar, 2019 12:00am

Chlorine used in attack on Syria's Douma: watchdog

Chlorine was used in a deadly attack on the Syrian town of Douma in 2018, the world's chemical weapons watchdog said Friday in a long-awaited final report on the incident. The report by the Organisation for the Prohibition of Chemical Weapons (OPCW), swif

Published 02 Mar, 2019 12:00am

At least 23 Afghan security forces killed in Taliban attack

At least 23 Afghan security forces were killed in a Taliban attack on a joint US-Afghan base in southwestern Afghanistan, officials said Friday, as fighting continues amid a pause in peace talks between the insurgents and American negotiators.

Published 02 Mar, 2019 12:00am

Huawei invites foreign media to see for itself on spy claims

Chinese telecom giant Huawei has issued an unusual invitation to foreign media outlets to visit its facilities and meet staff as the company pushes back against global pressure arising from US accusations that it spies for Beijing. Huawei on Thursday purc

Published 02 Mar, 2019 12:00am

Nato chief says bloc preparing for more Russian missiles

Nato chief Jens Stoltenberg said Friday the military alliance needs to be ready for a world with more Russian missiles, after a UN warning that the global arms control system is collapsing. "Nato does not want a new Cold war, we don't want a new arms race

Published 02 Mar, 2019 12:00am

US strike kills 26 Shabaab fighters in Somalia

The US military has stepped up its air campaign against Al-Shabaab militants in Somalia in recent days, with officials on Friday saying another 26 "terrorists" had been killed. The latest air strike, which occurred in the Hiran region of central Somalia o

Published 02 Mar, 2019 12:00am

SpaceX to launch test for resumption of manned US flights

SpaceX will try to send a dummy to the International Space Station this weekend in a key test for resuming manned US space flights, perhaps this year if all goes well. Since the shuttle Atlantis returned to earth on July 21, 2011, no American astronaut ha

Published 02 Mar, 2019 12:00am

US sanctions six Venezuelan security officials over blocking aid

The United States imposed sanctions Friday on six Venezuelan security officials for obstructing aid that Washington had tried to force in as part of its effort to support the country's opposition leader against President Nicolas Maduro. "We are sanctionin

Published 02 Mar, 2019 12:00am

Russia promises more support for 'friend' Maduro, including aid

Russia on Friday vowed to maintain support for the embattled regime of its Venezuelan "friend" President Nicolas Maduro, including with humanitarian aid supplies. During talks with Venezuelan Vice President Delcy Rodriguez in Moscow, Russian Foreign Minis

Published 02 Mar, 2019 12:00am

Trump accuses Cohen of perjury, citing unpublished book

President Donald Trump accused his former lawyer Michael Cohen of perjury Friday, saying a manuscript Cohen wrote last year that complemented Trump contradicted his scathing testimony to Congress this week. "Wow, just revealed that Michael Cohen wrote a '

Published 02 Mar, 2019 12:00am

US vows Philippines defence if attacked in China-claimed sea

US Secretary of State Mike Pompeo on Friday vowed to defend the Philippines against "armed attack" in the disputed South China Sea, in Washington's starkest warning yet against Chinese claims to most of the strategic waterway. Speaking in Manila after mee

Published 02 Mar, 2019 12:00am

Minister vows to take austerity steps in NHA

As per vision of the present government and special direction of Federal Minster for Communications & Postal Services Murad Saeed, concrete steps are being taken in National Highway Authority (NHA) to control expenditures and ensure implementation of aust

Published 02 Mar, 2019 12:00am

SCCI slams crackdown against registered taxpayers

Sarhad Chamber of Commerce and Industry has expressed resentment over crackdown on major stores and registered tax-payers on pretext of tax-evasion, launched by regional tax office Peshawar. The chamber demanded that the deployment of FBR teams from outsi

Published 02 Mar, 2019 12:00am

Customs role in promoting industry highlighted

A meeting on the Customs Valuation was held on Friday in the Commerce Division with the Prime Minister's Advisor for Commerce & Textile, Industries & Production and Investment in chair. Member Customs Dr Jawad Owais Agha presented various aspects of Custo

Published 02 Mar, 2019 12:00am

Singaporean businessmen keen to invest in CPEC projects

A high powered business delegation from Singapore on Friday visited the Lahore Chamber of Commerce & Industry and held B2B meetings with their Pakistani counterparts to explore new trade and investment opportunities in Pakistan. Shamsher Zaman, who is als

Published 02 Mar, 2019 12:00am

LPG price jacked up by Rs 95/11.8kg domestic cylinder for March

The Oil and Gas Regulatory Authority (Ogra) has jacked up the price of indigenous liquefied petroleum gas (LPG) by Rs 95 per 11.8kg domestic cylinder for the month of March 2019. A notification issued by the Ogra stated that the new price of 11.8kg domest

Published 02 Mar, 2019 12:00am

Real estate sector: 'Government policy to help boost remittances by expats'

The government policy of ease of doing business for foreign investors in real estate sector would considerably increase foreign remittances by overseas Pakistanis. This has been stated by Chairman Imarat Group Shafiq Akbar here on Friday while discussing

Published 02 Mar, 2019 12:00am

Four gunned down in Moro

Unknown armed assailants gunned down four people here on Friday.

Published 02 Mar, 2019 12:00am

Customs collects Rs 444 billion in eight months

Pakistan Customs has surpassed its target by collecting Rs 444 billion in first eight months of the current financial year i.e., July-February 2018-19. Target for collection of customs duty for first eight months was Rs 436 billion, 21% higher than the ta

Published 02 Mar, 2019 12:00am

PM unites divided nation, foils unholy designs of Modi: FPCCI

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday said Prime Minister Imran Khan has united the divided nation and successfully foiled the unholy designs of Indian PM Modi. The statesmanship of PM Khan amid Pak-India conflict

Published 02 Mar, 2019 12:00am

NA body seeks action against parliamentarians' kids found drug addicts

Children of a number of parliamentarians living in the Parliament Lodges are drug addicts and departments concerned should take action in order to curb the menace. Chairman National Assembly Standing Committee on Narcotics Control, Salahuddin Ayubi reveal

Published 02 Mar, 2019 12:00am

AGPR directed to introduce e-pension system without any delay

Federal Ombudsman Syed Tahir Shahbaz has directed the Controller General of Accounts and AGPR to set up E-pension system on an early date and connect all federal government departments with this system. He also directed to the representatives of ministrie

Published 02 Mar, 2019 12:00am

ADB financing rehabilitation of farm to market roads in KP

The provincial government of Khyber Pakhtunkhwa in collaboration with Asian Development Bank (ADB) is rehabilitating and reconstructing farm to market roads in the province. In this connection a review meeting on such projects was held here with KP Chief

Published 02 Mar, 2019 12:00am

Gas thieves sentenced for 13 years, fined Rs 180 million

Sui Southern Gas Company's (SSGC's) efforts aimed at prosecuting the gas theft miscreants got a major boost when the Anti-Corruption Court (Central) Hyderabad announced a detailed judgment on pilferage in 2016 committed by Shahbaz CNG Station in Jamshoro

Published 02 Mar, 2019 12:00am

Rally held outside UN building expresses solidarity with Pakistan

Braving cold weather, hundreds of American Sikhs, Kashmiris and Pakistanis on Thursday demonstrated in front of the United Nations building to express solidarity with Pakistan and condemned India's aggression against it, as the UN and world powers worked

Published 02 Mar, 2019 12:00am

PTI raises issue of growing suicides in Thar in Sindh Assembly

The PTI on Friday raised voice against the growing suicides in Thar region of the province during the Sindh assembly session, pointing out that 43 people took their lives 'amid poverty, malnutrition and growing health crisis". "As many as 43 people have c

Published 02 Mar, 2019 12:00am

Rich tribute paid to ex-PPP minister

Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has paid rich tribute to ex-federal minister Shaheed Shahbaz Bhatti on his 8th martyrdom anniversary. In his message, the PPP Chairman said that Shaheed Shahbaz Bhatti was very vibrant PPP leade

Published 02 Mar, 2019 12:00am

Silkbank declares operating profit of Rs 3.146 billion

The Board of Directors of Silkbank Limited in their February 28, 2019 meeting declared an operating profit of Rs 3.146 billion, with a profit after tax of Rs 1.330 billion for the year ended December 31, 2018, reflecting a growth of 17 percent over the pr

Published 02 Mar, 2019 12:00am

Silkbank declares operating profit of Rs 3.146 billion

The Board of Directors of Silkbank Limited in their February 28, 2019 meeting declared an operating profit of Rs 3.146 billion, with a profit after tax of Rs 1.330 billion for the year ended December 31, 2018, reflecting a growth of 17 percent over the pr

Published 02 Mar, 2019 12:00am

Quality education government's top priority: minister

Punjab Industries and Trade Minister, Mian Aslam Iqbal has said that their government's top priority is to provide quality education, health facilities besides other basic amenities to the people; these facilities will be available at the people's doorste

Published 02 Mar, 2019 12:00am

Bilawal terms decision of not attending OIC meeting 'unfortunate'

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has termed the decision of Pakistan Tehreek-e-Insaf (PTI) government for not attending the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers in Abu Dhabi unfortunate. In a t

Published 02 Mar, 2019 12:00am

Fears grow for missing Italian, Britain on Pakistan peak

Bad weather forced rescuers to call off a search Friday for two climbers from Britain and Italy who went missing in northen Pakistan on a peak known as "Killer Mountain". Climbers Daniele Nardi and Tom Ballard were last heard from on Sunday as they climbe

Published 02 Mar, 2019 12:00am

Saudi FM's visit rescheduled, due today

As efforts continue to de-escalate tension between Pakistan and India, Saudi Minister of State for Foreign Affairs Adel al-Jubeir is arriving today (Saturday) followed by special Chinese envoy to discuss the evolving situation amid heightening tension. Th

Published 02 Mar, 2019 12:00am

LHC moved against hike in POL products price

Judicial Activism Penal (JAP) has approached the Lahore High Court against recent increase in prices of petroleum products for being unlawful. The petitioner JAP's counsel pleaded that the federal government on February 28 last increased the prices of pet

Published 02 Mar, 2019 12:00am

CPLC hosts event to laud performance of Karachi police

Citizen Police Liaison Committee (CPLC) on Friday organised a seminar titled 'Performance Appreciation and Capacity Building' which, the CPLC chief said, is aimed at encouraging those police officials who have rendered sacrifices in fight against terroris

Published 02 Mar, 2019 12:00am

Rabbani for breaking US-Israeli nexus

Former Chairman Senate Raza Rabbani on Friday proposed to reframe the country's foreign policy to break US-Israeli nexus, which is trying to make India policeman of the region in order to pressure Pakistan to "do more." Taking part in a debate in the Sena

Published 02 Mar, 2019 12:00am

PPP Punjab demands withdrawal of increase in petrol prices

Pakistan Peoples Party (PPP) Punjab has demanded of withdrawal of increase in petrol prices, saying that the government has increased prices in a situation when the nation was busy with a response to India aggression.

Published 02 Mar, 2019 12:00am

Imran's statesmanship portrays Pakistan as a peace-loving state: FCCI

Visionary approach, political maturity and statesmanship of Prime Minister Imran Khan coupled with gallantry of our armed forces has elevated the impression of Pakistan at international level as a responsible and peace loving nuclear state.

Published 02 Mar, 2019 12:00am

UAF, Chinese University sign MoU

The University of Agriculture Faisalabad and China Agricultural University (CAU) have inked a memorandum of understanding (MoU) to collaborate in the area of academia and research. The MoU was signed by UAF Vice Chancellor Dr Zafar Iqbal Randhawa and CAU

Published 02 Mar, 2019 12:00am

Ban on Indian films: LHC seeks replies from Centre, Pemra

The Lahore High Court on Friday sought replies from the federal government and Pakistan Electronic Media Regulatory Authority (Pemra) within a week on a petition seeking ban on Indian films in Pakistan. The petitioner Sheikh Muhammad through his counsel p

Published 02 Mar, 2019 12:00am

Release of IAF pilot termed Pakistan's moral victory

Punjab chief minister Sardar Usman Buzdar has said that Pakistan has achieved moral victory over India by announcing the release of Indian pilot. While talking to Riaz Fatayana MNA and Hamid Yar Haraj MPA, who called on him at his office Friday, the CM ma

Published 02 Mar, 2019 12:00am

PPDWP approves five schemes worth Rs 14068.395 million

The Punjab Provincial Development Working Party (PPDWP) has approved five development schemes of various sectors with an estimated cost of Rs 14068.395 million. These schemes were approved in the 18th meeting of PPDWP of current fiscal year 2018-19 presid

Published 02 Mar, 2019 12:00am

Punjab government to introduce Animal Health Act

Punjab government has decided to introduce Animal Health Act for the promotion and development of livestock sector in the province. This was decided in a meeting presided over by Punjab Chief Minister Sardar Usman Buzdar at his office on Friday in which t

Published 02 Mar, 2019 12:00am

AIOU to introduce new digitalization policy

Allama Iqbal Open University (AIOU) which is the biggest university of distance learning in the country has decided to introduce new digitalization policy in the university.

Published 02 Mar, 2019 12:00am

Government hospitals remain alert to deal with any untoward situation

Keeping in view the country's current situation, health department Punjab has issued the directions to all public sector hospitals of the province to remain alert in order to deal with any untoward situation. On the directions of provincial minister for h

Published 02 Mar, 2019 12:00am

Handing over of Indian pilot: opposition in Punjab Assembly expresses reservations

Opposition in Punjab Assembly on Friday showed their reservations on handing over Indian captured pilot Abhinandan Varthama to India without consultation with the opposition.

Published 02 Mar, 2019 12:00am

JUI-F activists stage rally in favour of army

Hundreds of workers of Jamiat Ullema-e-Islam, Fazl (JUI-F) and Pasban organization staged a rally in favour of armed forces and against Indian aggression in main Landi Kotal Bazaar on Friday. A large number of the JUI-F workers, volunteers of Pasban, peop

Published 02 Mar, 2019 12:00am

OPPO holds innovation event in Spain

OPPO hosted its first global innovation event in Barcelona, Spain. Within the top 5 smartphone brands in the world, OPPO shared some exciting announcements on the innovation behind its advancements in mobile technologies in 2019. Debuting a world-first 10

Published 02 Mar, 2019 12:00am

Registered Afghan refugees' voluntary repatriation plan resumes

The UN Refugee Agency's voluntary repatriation programme for registered Afghan refugees resumed on Friday after the winter break. The voluntary repatriation operation had been suspended for the winter period from December 01, 2018 until February 28, 2019,

Published 02 Mar, 2019 12:00am

Female directors': SECP grants temporary relief to listed companies

The Securities and Exchange Commission of Pakistan (SECP) has granted a temporary general relaxation/exemption to listed companies from appointment of female director on their board of directors as required under Regulation 7 of the Listed Companies (Code

Published 02 Mar, 2019 12:00am

SHC orders funding of DNA projects at district level

Sindh High Court (SHC) has ordered for allocation of funds in every district/range of the province for DNA purposes with the directives that no delay shall be caused with regard to payment of DNA cost. SHC also directed Police department to establish Vict

Published 02 Mar, 2019 12:00am

Business community slams Indian aggression across LoC

Business community has condemned the Indian acts of unilateral aggression across the Line of Control. They expressed solidarity with the Pakistani armed forces and congratulated them and the government for timely action against India and valiantly defendi

Published 02 Mar, 2019 12:00am

IGATEX Pakistan concludes

Attracting over 15,000 quality trade visitors and closing billions of rupees deals of the most modern technology and machinery, the three-day textile and garments exhibition IGATEX Pakistan successfully ended on Thursday at Expo Centre Karachi. More than

Published 02 Mar, 2019 12:00am

Sindh CM calls for 'Net Gas Profit'

Sindh Chief Minister Syed Murad Ali Shah has said that the natural gas produced in Sindh is being supplied to fertilizer and power sectors and the entire country benefits from power and fertilizer. Therefore, Sindh may be compensated for the amount of nat

Published 02 Mar, 2019 12:00am

Soomro hails role of government, armed forces in crisis

Federal Minister for Aviation and Privatization Mohammed Mian Soomro has appreciated the role of the government of Pakistan along with armed forces in the present crisis situation. In a press statement issued here on Friday, he applauded the prowess of th

Published 02 Mar, 2019 12:00am

Consulate official invites KCCI to SelectUSA Investment Summit

Senior Commercial Officer at the US Consulate General Mark Russel has invited Karachi Chamber of Commerce and Industry (KCCI) to participate in the 2019 SelectUSA Investment Summit that will be held in Washington DC from June 10 to 12 this year.

Published 02 Mar, 2019 12:00am

Governor inaugurates 10th Karachi Literature Festival

Sindh Governor Imran Ismail on Friday inaugurated the '10th Karachi Literature Festival (KLF)' here on Friday. The Oxford University Press (OUP) has been hosting the three-day event at a hotel every year since 2010. Sindh Governor said at the inaugural ce

Published 02 Mar, 2019 12:00am

FBR updates ATL on its website

The Federal Board of Revenue (FBR) Friday issued updated new Active Taxpayers List (ATL) on its website. The FBR has said that from March 1, 2019, Income Tax ATL is being updated on the basis of return filed for Tax Year 2018. According to a tax expert, t

Published 02 Mar, 2019 12:00am

IHC turns down petition against IAF pilot's release

The Islamabad High Court Friday turned down a petition challenging the release of captured pilot of Indian Air Force (IAF) after his jet was shot down by Pakistan Air Force (PAF). A singe bench of IHC comprising Chief Justice Athar Minallah heard the peti

Published 02 Mar, 2019 12:00am

Nawaz prays SC to set aside IHC verdict, release him on bail

Former Prime Minister Nawaz Sharif has prayed to the apex court to set aside Islamabad High Court verdict, suspend his sentence and release him on bail during pendency of his appeal in the IHC.

Published 02 Mar, 2019 12:00am

Quake jolts Quetta

An earthquake of moderate intensity was experienced here on Friday. A 4.5 magnitude earthquake was experienced in Balochistan's Quetta, Zhob cities where panic spread among the people in their homes and offices. However, no damage of property, life was re

Published 02 Mar, 2019 12:00am

Production order right of Saad Rafique: Khaqan

Pakistan Muslim League-Nawaz (PML-N) central leader and former Prime Minister Shahid Khaqan Abbasi has said that production order is right of Khawaja Saad Rafique and speaker National Assembly should make it clear whether he is under any pressure on this

Published 02 Mar, 2019 12:00am

Rallies held in support of Pakistan army

Workers of different political and religious parties staged rallies against Indian aggression and to express solidarity with Pakistan Army here on Friday. A number of workers of Jamiat Ulema-e-Islam-Fazl (JUI-F) and Jamiat Ulema-e-Islam-Sami (JUI-S), cons

Published 02 Mar, 2019 12:00am

Onus of de-escalating situation now lies on India: Maleeha

Pakistani Ambassador Maleeha Lodhi is keeping UN Secretary General Antonio Guterres's office as well as key diplomats, especially permanent members of the Security Council, briefed about the continuing tensions resulting from India's aggressive posture ag

Published 02 Mar, 2019 12:00am

Government advised to be cautious of Modi's Belligerence

Diplomatic and defence experts have advised the government to take all necessary steps and remain cautious as India can make more attempts to settle score with Pakistan as Indian prime minister Narendra Modi has recently hinted in this regard.

Published 02 Mar, 2019 12:00am

Partly Facetious: PM's speech was good one

"The Khan came out as a statesman for the first time I thought."

Published 02 Mar, 2019 12:00am

India still acting irresponsibly

Indian fighter pilot Wing Commander Abhinandan was released yesterday as a big gesture of peace. What else could Pakistan have done to de=escalate the conflict with its arch-rival India, although the latter continues to show its belligerence? How ironic i

Published 02 Mar, 2019 12:00am

Mutual Funds

China's fledgling junk bond market spawns new breed of vulture funds

When the Shanghai-traded bonds of conglomerate China Minsheng Investment Group plunged 40 percent over two days in January after news it had missed a repayment, Beijing-based hedge fund manager Jash Zhang smelled blood.

Published 02 Mar, 2019 12:00am

As Merkel readies to bow out, 'Angela I' hits the stage

As Chancellor Angela Merkel readies to slowly leave the political stage and her party consigns her immigration policy to history, a German theatre is putting on a play that already suggests the end of an era: "Angela I." The veteran leader affectionately

Published 02 Mar, 2019 12:00am

Eurozone's triple-A bond drought persists after ECB steps away

High-grade eurozone debt remains scarce even though the European Central Bank has stopped its huge purchases of new bonds, intensifying concerns that banks will face future collateral shortages and highlighting the need for safe assets.

Published 02 Mar, 2019 12:00am

Economic price of warmongering

In the current crisis following the Pulwama attack, Pakistan has undoubtedly come out as the winner in two bouts fought so far both in terms of diplomacy and military capacity and capability. Much of this has also been acknowledged by the intelligentsia o

Published 02 Mar, 2019 12:00am

PM's criticism of tax behaviour

Prime Minister Imran Khan while addressing a ceremony held to award appreciation certificates to 150 top taxpayers of the country referred to them as the country's "true VIPs" while lamenting the fact that a mere 1.7 million people out of a total populati

Updated 09 Mar, 2019 10:51am

Cotton

Olive farming

Although ordinary farmers do not give much importance to the cultivation of minor crops, yet these could be a handsome source for the income of farming community and contribute to the foreign exchange earning or saving for the country. However, of late, t

Updated 09 Mar, 2019 10:51am

Saudi says Hamza bin Laden stripped of his citizenship

Hamza Bin Laden, a son of late al-Qaeda chief Osama bin Laden seen as a rising jihadist leader, has been stripped of his Saudi citizenship, state newspaper Umm al-Qura said Friday. Bin Laden had his citizenship removed on February 22 by royal decree, the

Published 02 Mar, 2019 12:00am

Saudi says Hamza bin Laden stripped of his citizenship

Hamza Bin Laden, a son of late al-Qaeda chief Osama bin Laden seen as a rising jihadist leader, has been stripped of his Saudi citizenship, state newspaper Umm al-Qura said Friday. Bin Laden had his citizenship removed on February 22 by royal decree, the

Published 02 Mar, 2019 12:00am

Disarmament, non-proliferation Pak-Japan consultations held

The 7th Round of Pakistan-Japan Bilateral Consultations on Disarmament and Non-Proliferation was held in Tokyo.

Published 02 Mar, 2019 12:00am

Disarmament, non-proliferation Pak-Japan consultations held

The 7th Round of Pakistan-Japan Bilateral Consultations on Disarmament and Non-Proliferation was held in Tokyo.

Published 02 Mar, 2019 12:00am

'Eco-terrorism': complaint against India to be lodged

Pakistan plans to lodge a complaint against India at the United Nations, accusing it of "eco-terrorism" over air strikes that damaged pine trees and brought the nuclear-armed nations to blows, Climate Change Minister Malik Amin Aslam said on Friday.

Published 02 Mar, 2019 12:00am

'Eco-terrorism': complaint against India to be lodged

Pakistan plans to lodge a complaint against India at the United Nations, accusing it of "eco-terrorism" over air strikes that damaged pine trees and brought the nuclear-armed nations to blows, Climate Change Minister Malik Amin Aslam said on Friday.

Published 02 Mar, 2019 12:00am

Sushma addresses conclave

External Affairs Minister (EAM) Sushma Swaraj on Friday, addressed Organization of Islamic Cooperation (OIC) meeting in Abu Dhabi and urged OIC to work together to uproot terrorism from the world. This Indian minister said this amid heightened tensions be

Published 02 Mar, 2019 12:00am

Sushma addresses conclave

External Affairs Minister (EAM) Sushma Swaraj on Friday, addressed Organization of Islamic Cooperation (OIC) meeting in Abu Dhabi and urged OIC to work together to uproot terrorism from the world. This Indian minister said this amid heightened tensions be

Published 02 Mar, 2019 12:00am

FO explains why Pakistan not attending OIC summit

The Foreign Office said on Friday that Pakistan will not attend the 46th Session of the OIC Council of Foreign Ministers in protest against inviting Indian External Affairs Minister Sushma Swaraj as guest of honour to the forum.

Published 02 Mar, 2019 12:00am

FO explains why Pakistan not attending OIC summit

The Foreign Office said on Friday that Pakistan will not attend the 46th Session of the OIC Council of Foreign Ministers in protest against inviting Indian External Affairs Minister Sushma Swaraj as guest of honour to the forum.

Published 02 Mar, 2019 12:00am

Several hurt as tens of thousands protest in Algeria

Several people were hurt in clashes between protesters and police in the Algerian capital Friday, as tens of thousands rallied against a fifth term for ailing President Abdelaziz Bouteflika. AFP saw about a dozen people wounded after being hit by batons,

Published 02 Mar, 2019 12:00am

Several hurt as tens of thousands protest in Algeria

Several people were hurt in clashes between protesters and police in the Algerian capital Friday, as tens of thousands rallied against a fifth term for ailing President Abdelaziz Bouteflika. AFP saw about a dozen people wounded after being hit by batons,

Published 02 Mar, 2019 12:00am

Fakhar elected NA body on Kashmir chairman

Syed Fakhar Imam was elected unanimously as chairman of the National Assembly's Special Committee on Kashmir on Friday. The special secretary National Assembly Secretariat apprised the members of the committee of the agenda and procedure for election of c

Published 02 Mar, 2019 12:00am

Fakhar elected NA body on Kashmir chairman

Syed Fakhar Imam was elected unanimously as chairman of the National Assembly's Special Committee on Kashmir on Friday. The special secretary National Assembly Secretariat apprised the members of the committee of the agenda and procedure for election of c

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

Standard Chartered (Pakistan) earns highest-ever profit in 2018

Standard Chartered Bank (Pakistan) Limited on Friday announced its Annual Results for 2018. The Bank performed exceptionally well in 2018 and delivered a Profit before tax of PKR 18.5 billion. This is 37 percent higher than corresponding period last year

Published 02 Mar, 2019 12:00am

US could withdraw troops from Afghanistan within five years: NYT

US forces could leave Afghanistan within five years under a Pentagon plan being offered as part of a potential deal with the Taliban to end the nearly 18-year war, the New York Times has reported. Negotiations are believed to be progressing after h

Published 02 Mar, 2019 12:00am

US could withdraw troops from Afghanistan within five years: NYT

US forces could leave Afghanistan within five years under a Pentagon plan being offered as part of a potential deal with the Taliban to end the nearly 18-year war, the New York Times has reported. Negotiations are believed to be progressing after h

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country''s interests and increase exports. "Pakistan''s FTAs, especially with Ch

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country's interests and increase exports. "Pakistan's FTAs, especially with Chin

Published 02 Mar, 2019 12:00am

Cotton

Senate panel for revisiting all FTAs

A parliamentary panel Friday decided to review Free Trade Agreements (FTAs) with different countries in collaboration with the Ministry of Commerce and Textile to protect the country's interests and increase exports. "Pakistan's FTAs, especially with Chin

Published 02 Mar, 2019 12:00am

SC to hear high treason case against Musharraf on March 7

The Supreme Court will hear high treason case against former Army Chief General Pervez Musharraf (retd) on March 7. A three-member bench, headed by Chief Justice Asif Saeed Khan, will take up the constitution petition of Lahore High Court Bar Association,

Published 02 Mar, 2019 12:00am

SC to hear high treason case against Musharraf on March 7

The Supreme Court will hear high treason case against former Army Chief General Pervez Musharraf (retd) on March 7. A three-member bench, headed by Chief Justice Asif Saeed Khan, will take up the constitution petition of Lahore High Court Bar Association,

Published 02 Mar, 2019 12:00am

Punjab: PM imposes ban on use of agriculture land for housing schemes

In a high-level meeting with Prime Minister Imran Khan in the chair, it was decided to impose ban on the use of agricultural land for housing schemes. According to the Spokesman of Punjab Chief Minister, the meeting also approved a strategy to reduce the

Published 02 Mar, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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