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Jan 30, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-04-10
Gold moves higher in Asia
Currency

Gold moves higher in Asia

Gold edged up Tuesday to hold near its highest in more than a week, supported by a retreating dollar and by increased buying by central banks. Spot gold was up 0.4 percent at $1,301.64 per ounce, at 0958 GMT. It touched its highest since March 28 at $1,30
Published 10 Apr, 2019 12:00am
Gold surges in New York

Gold surges in New York

Gold rose 1 percent to briefly breach $1,300 an ounce on Monday and remained at its highest in more than a week as the dollar slipped and a recent equities rally paused. Spot gold was up 0.5 percent at $1,297.84 per ounce as of 2:12 p.m. EDT (1812 GMT) af
Published 10 Apr, 2019 12:00am
Raw sugar erases losses, arabica coffee climbs

Raw sugar erases losses, arabica coffee climbs

Raw sugar futures on ICE rose on Tuesday, erasing the previous session's losses, while New York cocoa climbed to new nine-month highs. May raw sugar settled up 0.21 cent, or 1.7 percent, at 12.78 cents per lb. Futures remained within their well-establishe
Published 10 Apr, 2019 12:00am
Palm oil edges up on bullish output forecasts
Vegetable Oil

Palm oil edges up on bullish output forecasts

Malaysian palm oil futures charted a sixth day of gains in seven on Tuesday evening as the market cheered a bullish outlook on March production and inventory levels. Traders expect Malaysian Palm Oil Board on Wednesday to show declines in March end-stocks
Published 10 Apr, 2019 12:00am
Tokyo rubber drops

Tokyo rubber drops

Tokyo Commodity Exchange (TOCOM) futures dropped on Tuesday, tracking weak Shanghai, and dragged by a decline in chemical and energy commodity futures in the Chinese market. The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for September deli
Published 10 Apr, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (April 09, 2019).

Published 10 Apr, 2019 12:00am
Oil drops on global growth worry, possible output rise

Oil drops on global growth worry, possible output rise

Oil prices edged lower on Tuesday, slipping off five-month highs after the International Monetary Fund cut its global economic growth forecasts and as Russia signalled it may retreat from its production-cutting deal with OPEC. A US threat to slap tariffs
Published 10 Apr, 2019 12:00am
Copper touches one-week high on Chinese hopes, soft dollar

Copper touches one-week high on Chinese hopes, soft dollar

Copper touched a one-week high on Tuesday and other base metals also gained on speculative buying fuelled by technical signals, optimism about a rebound in China's economy and a weaker dollar. Zinc, however, extended its decline on worries about rising su
Published 10 Apr, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 09, 2019)

Published 10 Apr, 2019 12:00am
China to review anti-dumping tariffs on US distillers grains

China to review anti-dumping tariffs on US distillers grains

China's Ministry of Commerce is set to review its anti-dumping tariffs on imports from the United States of distillers grains (DDGS), an animal feed ingredient, according to a document issued by the China Alcoholic Drinks Association.
Published 10 Apr, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 09, 2019).

Published 10 Apr, 2019 12:00am
PM sees better chance of talks with India if BJP wins election

PM sees better chance of talks with India if BJP wins election

Prime Minister Imran Khan said he thinks there may be a better chance of peace talks with India if Prime Minister Narendra Modi's Hindu nationalist Bharatiya Janata Party (BJP) wins the general election due to begin there on Thursday. Khan said that if th
Published 10 Apr, 2019 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 10 Apr, 2019 12:00am
PM sees better chance of talks with India if BJP wins election

PM sees better chance of talks with India if BJP wins election

Prime Minister Imran Khan said he thinks there may be a better chance of peace talks with India if Prime Minister Narendra Modi's Hindu nationalist Bharatiya Janata Party (BJP) wins the general election due to begin there on Thursday. Khan said that if th
Published 10 Apr, 2019 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 10 Apr, 2019 12:00am
IMF projects less than 3 percent growth, sharp rise in inflation

IMF projects less than 3 percent growth, sharp rise in inflation

International Monetary Fund (IMF) has projected a sharp decline in GDP growth rate for Pakistan from 5.2 percent in 2018 to 2.9 percent in 2019 and a further decline to 2.8 in 2020, and projected sharp rise in inflation from 3.9 percent in 2018 to 7.6 per
Published 10 Apr, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 09, 2019).

Published 10 Apr, 2019 12:00am
IMF projects less than 3 percent growth, sharp rise in inflation

IMF projects less than 3 percent growth, sharp rise in inflation

International Monetary Fund (IMF) has projected a sharp decline in GDP growth rate for Pakistan from 5.2 percent in 2018 to 2.9 percent in 2019 and a further decline to 2.8 in 2020, and projected sharp rise in inflation from 3.9 percent in 2018 to 7.6 per
Published 10 Apr, 2019 12:00am
The Weather

The Weather

The weather report on Tuesday (April 09, 2019) and the forecast for Wednesday (April 10, 2019).

Published 10 Apr, 2019 12:00am
IMF projects less than 3 percent growth, sharp rise in inflation

IMF projects less than 3 percent growth, sharp rise in inflation

International Monetary Fund (IMF) has projected a sharp decline in GDP growth rate for Pakistan from 5.2 percent in 2018 to 2.9 percent in 2019 and a further decline to 2.8 in 2020, and projected sharp rise in inflation from 3.9 percent in 2018 to 7.6 per
Published 10 Apr, 2019 12:00am
Government decides to revive PSM within 18 months

Government decides to revive PSM within 18 months

The federal government has decided to revive Pakistan Steel Mills (PSM) on Public Private Partnership (PPP) in two phases within 18 months through International Competitive Bidding (ICB) mode without trimming the present work force. This was stated by the
Published 10 Apr, 2019 12:00am
Government decides to revive PSM within 18 months

Government decides to revive PSM within 18 months

The federal government has decided to revive Pakistan Steel Mills (PSM) on Public Private Partnership (PPP) in two phases within 18 months through International Competitive Bidding (ICB) mode without trimming the present work force. This was stated by the
Published 10 Apr, 2019 12:00am
Government decides to revive PSM within 18 months

Government decides to revive PSM within 18 months

The federal government has decided to revive Pakistan Steel Mills (PSM) on Public Private Partnership (PPP) in two phases within 18 months through International Competitive Bidding (ICB) mode without trimming the present work force. This was stated by the
Published 10 Apr, 2019 12:00am
Advisor concerned at export decline

Advisor concerned at export decline

Prime Minister's Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood has expressed dissatisfaction at negative growth in exports in March 2019. In response to a question whether there was any need to have a Commerce Ministry
Published 10 Apr, 2019 12:00am
Advisor concerned at export decline

Advisor concerned at export decline

Prime Minister's Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood has expressed dissatisfaction at negative growth in exports in March 2019. In response to a question whether there was any need to have a Commerce Ministry
Published 10 Apr, 2019 12:00am
Advisor concerned at export decline

Advisor concerned at export decline

Prime Minister''s Advisor on Commerce, Industries and Production and Investment, Abdul Razak Dawood has expressed dissatisfaction at negative growth in exports in March 2019. In response to a question whether there was any need to have a Commerce Ministry
Published 10 Apr, 2019 12:00am
IMF says global economy cooling

IMF says global economy cooling

The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year. The global lende
Published 10 Apr, 2019 12:00am
IMF says global economy cooling

IMF says global economy cooling

The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year. The global lende
Published 10 Apr, 2019 12:00am
IMF says global economy cooling

IMF says global economy cooling

The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International Monetary Fund said on Tuesday as it cut its forecast for world economic growth this year. The global lende
Published 10 Apr, 2019 12:00am
BRIndex100 inches up

BRIndex100 inches up

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying at attractive low levels. BRIndex100 gained 24.59 points or 0.64 percent to close at 3,892.72 points on Tuesday. BRIndex100 touched intraday high of 3,914.47 and
Published 10 Apr, 2019 12:00am
BRIndex100 inches up

BRIndex100 inches up

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying at attractive low levels. BRIndex100 gained 24.59 points or 0.64 percent to close at 3,892.72 points on Tuesday. BRIndex100 touched intraday high of 3,914.47 and
Published 10 Apr, 2019 12:00am
BRIndex100 inches up

BRIndex100 inches up

Pakistan Stock Exchange partially recovered its overnight losses on the back of fresh buying at attractive low levels. BRIndex100 gained 24.59 points or 0.64 percent to close at 3,892.72 points on Tuesday. BRIndex100 touched intraday high of 3,914.47 and
Published 10 Apr, 2019 12:00am
Government mulling over discontinuing low-yielding WHTs

Government mulling over discontinuing low-yielding WHTs

The government has been mulling over discontinuing a large number of low yielding withholding taxes in the next year's budget. According to the Medium Term Economic Framework released by the government on Tuesday, the withholding taxes become regressive i
Published 10 Apr, 2019 12:00am
Government mulling over discontinuing low-yielding WHTs

Government mulling over discontinuing low-yielding WHTs

The government has been mulling over discontinuing a large number of low yielding withholding taxes in the next year's budget. According to the Medium Term Economic Framework released by the government on Tuesday, the withholding taxes become regressive i
Published 10 Apr, 2019 12:00am
Government mulling over discontinuing low-yielding WHTs

Government mulling over discontinuing low-yielding WHTs

The government has been mulling over discontinuing a large number of low yielding withholding taxes in the next year''s budget. According to the Medium Term Economic Framework released by the government on Tuesday, the withholding taxes become regressive
Published 10 Apr, 2019 12:00am
LHC judge Farrukh resigns

LHC judge Farrukh resigns

Justice Muha-mmad Farrukh Irfan Khan of the Lahore High Court facing a reference in money laundering and offshore properties case on Tuesday resigned to avoid disciplinary proceedings before the Supreme Judicial Council.
Published 10 Apr, 2019 12:00am
LHC judge Farrukh resigns

LHC judge Farrukh resigns

Justice Muha-mmad Farrukh Irfan Khan of the Lahore High Court facing a reference in money laundering and offshore properties case on Tuesday resigned to avoid disciplinary proceedings before the Supreme Judicial Council.
Published 10 Apr, 2019 12:00am
Amnesty scheme matter referred to law ministry

Amnesty scheme matter referred to law ministry

The federal cabinet on Tuesday decided to refer the amnesty scheme for legalisation of undisclosed assets and income to the Law Ministry for seeking its legal opinion on whether to launch the scheme through a presidential ordinance or in the form of a mon
Published 10 Apr, 2019 12:00am
Amnesty scheme matter referred to law ministry

Amnesty scheme matter referred to law ministry

The federal cabinet on Tuesday decided to refer the amnesty scheme for legalisation of undisclosed assets and income to the Law Ministry for seeking its legal opinion on whether to launch the scheme through a presidential ordinance or in the form of a mon
Published 10 Apr, 2019 12:00am
FIA seeks NAB-like powers

FIA seeks NAB-like powers

Federal Investigation Agency (FIA) has informed the National Assembly Standing Comm-ittee on Interior that it failed to achieve desired results against money-laundering due to multiple flaws in the Anti-Money Laundering (AML) Act, 2010. The meeting of the
Published 10 Apr, 2019 12:00am
FIA seeks NAB-like powers

FIA seeks NAB-like powers

Federal Investigation Agency (FIA) has informed the National Assembly Standing Comm-ittee on Interior that it failed to achieve desired results against money-laundering due to multiple flaws in the Anti-Money Laundering (AML) Act, 2010. The meeting of the
Published 10 Apr, 2019 12:00am
Shahbaz, Hamza indicted

Shahbaz, Hamza indicted

Opposition leader in National Assembly Shahbaz Sharif and his son, Punjab Assembly opposition leader Hamza Shahbaz, were indicted on Tuesday in the Ramzan Sugar Mills case. The father-son appeared before an accountability court in Lahore where they were i
Published 10 Apr, 2019 12:00am
Shahbaz, Hamza indicted

Shahbaz, Hamza indicted

Opposition leader in National Assembly Shahbaz Sharif and his son, Punjab Assembly opposition leader Hamza Shahbaz, were indicted on Tuesday in the Ramzan Sugar Mills case. The father-son appeared before an accountability court in Lahore where they were i
Published 10 Apr, 2019 12:00am
Terror financing, money launderingNACTA signs MoU with LEAs

Terror financing, money launderingNACTA signs MoU with LEAs

National Counter Terrorism Authority (NACTA) on Tuesday signed a multilateral memorandum of understanding (MoU) with different law enforcement agencies (LEAs) to enhance mutual coordination and exchange of information on terror financing and money launder
Published 10 Apr, 2019 12:00am
Terror financing, money launderingNACTA signs MoU with LEAs

Terror financing, money launderingNACTA signs MoU with LEAs

National Counter Terrorism Authority (NACTA) on Tuesday signed a multilateral memorandum of understanding (MoU) with different law enforcement agencies (LEAs) to enhance mutual coordination and exchange of information on terror financing and money launder
Published 10 Apr, 2019 12:00am
Interpol seeks more documents to issue red warrants against Dar

Interpol seeks more documents to issue red warrants against Dar

The International Criminal Police Organization (Interpol) on Tuesday sought more documents from Pakistan government to issue red warrants against former finance minister Ishaq Dar. Sources said that the Interpol declared the documents provided to issue Da
Published 10 Apr, 2019 12:00am
Interpol seeks more documents to issue red warrants against Dar

Interpol seeks more documents to issue red warrants against Dar

The International Criminal Police Organization (Interpol) on Tuesday sought more documents from Pakistan government to issue red warrants against former finance minister Ishaq Dar. Sources said that the Interpol declared the documents provided to issue Da
Published 10 Apr, 2019 12:00am
Commander of Royal Brunei Forces meets CoAS

Commander of Royal Brunei Forces meets CoAS

Commander of Royal Brunei Armed Forces Major General Pengiran Dato Paduka Seri Aminan bin Pengiran Haji Mahmud called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at General Headquarter (GHQ). The military's media wing, Inter Services Public Re
Published 10 Apr, 2019 12:00am
AJK enhances relief amount for LoC victims 3 times: Masood

AJK enhances relief amount for LoC victims 3 times: Masood

Azad Jammu and Kashmir (AJK) President Sardar Masood Khan has said that the AJK government had enhanced relief amount three times for the bereaved families of those martyred in Indian firing across the Line of Control (LoC).
Published 10 Apr, 2019 12:00am
Fazl, Nawaz discuss possibility of forging opposition alliance

Fazl, Nawaz discuss possibility of forging opposition alliance

Head of his own faction of the Jamiat Ulema-i-Islam Maulana Fazlur Rehman met the former prime minister Nawaz Sharif at his Jati Umra residence where the former inquired about the latter's health apart from exchanging views on the country's current politi
Published 10 Apr, 2019 12:00am
Fazl, Nawaz discuss possibility of forging opposition alliance

Fazl, Nawaz discuss possibility of forging opposition alliance

Head of his own faction of the Jamiat Ulema-i-Islam Maulana Fazlur Rehman met the former prime minister Nawaz Sharif at his Jati Umra residence where the former inquired about the latter's health apart from exchanging views on the country's current politi
Published 10 Apr, 2019 12:00am
Trump threatens tariffs on EU products over Airbus subsidies

Trump threatens tariffs on EU products over Airbus subsidies

President Donald Trump on Tuesday lashed out at the EU, vowing to slap tariffs on billions in imports over subsidies to the aviation giant Airbus, suddenly escalating a transatlantic skirmish that is more than a decade old.
Published 10 Apr, 2019 12:00am
Trump threatens tariffs on EU products over Airbus subsidies

Trump threatens tariffs on EU products over Airbus subsidies

President Donald Trump on Tuesday lashed out at the EU, vowing to slap tariffs on billions in imports over subsidies to the aviation giant Airbus, suddenly escalating a transatlantic skirmish that is more than a decade old.
Published 10 Apr, 2019 12:00am
Trump threatens tariffs on EU products over Airbus subsidies

Trump threatens tariffs on EU products over Airbus subsidies

President Donald Trump on Tuesday lashed out at the EU, vowing to slap tariffs on billions in imports over subsidies to the aviation giant Airbus, suddenly escalating a transatlantic skirmish that is more than a decade old.
Published 10 Apr, 2019 12:00am
Medium-term economic framework

Medium-term economic framework

Finance Minister Asad Umar took the occasion of his address at an event titled "A Roadmap for Stability Growth and Productive Employment" to state that the Medium-Term Economic Framework (MTEF) - a three-year economic treatise of the government - has been
Updated 12 Apr, 2019 06:46am
Lessons from economic history: Policy drivers of food inflation

Lessons from economic history: Policy drivers of food inflation

Overall inflation, compared to similar previous months of FY18, has been inching up from 5.1 percent in September 2018 to 9.4% in March 2019. For the ninth month period of FY19, the average inflation stands at 6.8 percent, compared to 3.8 percent in FY18.
Published 10 Apr, 2019 12:00am
AI, new weapon against money launderers

AI, new weapon against money launderers

Money laundering is a worldwide menace. According to the United Nations Office on Drugs and Crime, money laundering accounts for up to 5% of global GDP - or $2 trillion - every year.
Published 10 Apr, 2019 12:00am
The plight of Kashmiris

The plight of Kashmiris

The BJP leadership seems to have lost its marbles as it has said it will scrap decades-old special rights for the people of Occupied Jammu and Kashmir so as to "integrate" the state more closely with the rest of the country. Political leaders in Muslim-ma
Published 10 Apr, 2019 12:00am
JWG-ICC's inaugural meeting held in Beijing

JWG-ICC's inaugural meeting held in Beijing

The inaugural meeting of the Joint Working Group on International Cooperation and Coordination (JWG-ICC) was held on Tuesday in Beijing. The Pakistan side was led by Foreign Secretary, Tehmina Janjua while the Chinese side was led by Vice Foreign Minister
Published 10 Apr, 2019 12:00am
NAB summons ex-PM Abbasi again on April 25

NAB summons ex-PM Abbasi again on April 25

National Accountability Bureau (NAB) has again summoned former Prime Minister Shahid Khaqan Abbasi on April 25 in connection with cases including alleged corruption in liquefied natural gas (LNG) contract award and import of 34 bulletproof cars from Germa
Published 10 Apr, 2019 12:00am
Absence of NHA chief irks Senate panel

Absence of NHA chief irks Senate panel

A subcommittee of Senate Standing committee on Communications Tuesday showed grave displeasure over the absence of Chairman National Highway Authority (NHA) Jawad Rafique Malik from the meeting. Convener Committee Senator Bahramand Khan Tangi said that ha
Published 10 Apr, 2019 12:00am
Man commits suicide after killing wife, three kids in Tank

Man commits suicide after killing wife, three kids in Tank

A man allegedly killed four members of his family including his wife two daughters and a son before shooting himself dead in Tank district on Tuesday morning. The police said the man shot himself because he had taken many loans and didn't have a job. Syed
Published 10 Apr, 2019 12:00am
Money changer arrested for foreign currency's illegal dealing
Currency

Money changer arrested for foreign currency's illegal dealing

Federal Investigation Agency (FIA) has arrested a money changer for dealing with foreign currencies illegally during the ongoing campaign against illegal money changers involved in Hawala and Hundi. According to details, the officials intercepted a van, b
Published 10 Apr, 2019 12:00am
Parliamentary panel directs PTET to celar dues of pensioners in one week

Parliamentary panel directs PTET to celar dues of pensioners in one week

A parliamentary panel has directed the Pakistan Telecommunication Employees Trust (PTET) to pay pensioners' outstanding dues in one week, besides completing homework. The subcommittee of the Senate Standing Committee on Information Technology and Telecomm
Published 10 Apr, 2019 12:00am
Somalia wants to develop trade ties with Pakistan: envoy

Somalia wants to develop trade ties with Pakistan: envoy

Somalia is making adequate efforts on developing; promoting and strengthening trade relations with Pakistan said Commercial Attache Khadar Dheen Guiled while talking to President Sialkot Chamber of Commerce and Industry (SCCI) on Tuesday.
Published 10 Apr, 2019 12:00am
Zain Malik granted interim protective bail

Zain Malik granted interim protective bail

A division bench of the Lahore High Court on Tuesday granted interim protective bail to Zain Malik, son-in-law of property tycoon Malik Riaz, for ten days in the fake bank accounts case. PPP co-chairman Asif Ali Zardari, his sister Faryal Talpur, Omni Gro
Published 10 Apr, 2019 12:00am
PRGMEA for exploring non-conventional international markets

PRGMEA for exploring non-conventional international markets

Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar has urged upon the government to chalk out next five years plan to bring boom in exports and stabling national economy. Government should formul
Published 10 Apr, 2019 12:00am
Resources being utilised with utmost care: CM

Resources being utilised with utmost care: CM

Punjab Chief Minister Sardar Usman Buzdar has said that in the new Pakistan, national resources are being utilized with utmost care and honesty for public development.
Published 10 Apr, 2019 12:00am
Thar Coal project to bring prosperity: adviser

Thar Coal project to bring prosperity: adviser

Advisor to Chief Minister on Information Sindh Barrister Murtaza Wahab has said that Thar Coal Power Project will transform Pakistan into lights and will change its destiny. Talking to journalists at his office on Tuesday, the advisor said that Shaheed Mo
Published 10 Apr, 2019 12:00am
NAB's call-up notice: SHC approves Miftah's protective bail for 10 days

NAB's call-up notice: SHC approves Miftah's protective bail for 10 days

Sindh High Court (SHC) on Tuesday approved the protective bail of Miftah Ismail, former federal minister for finance for ten days in connection with the call-up notice of National Accountability Bureau (NAB) of an inquiry for awarding LNG tender to M/s El
Published 10 Apr, 2019 12:00am
Deadline for labelling Halal food extended till July 1

Deadline for labelling Halal food extended till July 1

The federal government has extended the deadline of Halal food labeling on edible products till July 1, 2019 with the approval of federal cabinet after importers made representation to the Prime Minister's Advisor on Commerce, Textile, Industries and Prod
Published 10 Apr, 2019 12:00am
'Government unnecessarily delaying use of biotech seeds'
Cotton

'Government unnecessarily delaying use of biotech seeds'

The government, apparently due to the pressuring tactics from local seed manufacturers, is unnecessarily delaying the use of the biotech seeds in Pakistan which can increase the crop productivity. Experts told Business Recorder here on Tuesday that
Published 10 Apr, 2019 12:00am
COMSATS University launches 'Say No to Plastics' campaign
Cotton

COMSATS University launches 'Say No to Plastics' campaign

A drive to stop use of plastics and reduce waste was organized by COMSATS University Islamabad (CUI) in the Sitara market area of Islamabad in which over 500 students and faculty members participated. The drive was aimed at creating awareness among the ma
Published 10 Apr, 2019 12:00am
Qureshi to visit Japan on April 22

Qureshi to visit Japan on April 22

Foreign Minister Shah Mehmood Qureshi will undertake a two-day official visit to Japan on April 22 to discuss prospects of cooperation in all the areas of mutual benefit, including political, economic, education and training of Pakistani workers.
Published 10 Apr, 2019 12:00am
Assets beyond means case: Asif appears before NAB's CIT

Assets beyond means case: Asif appears before NAB's CIT

Former Defence Minister Khawaja Muhammad Asif Tuesday appeared before Combined Investigation Team (CIT) of National Accountability Bureau (NAB) in connection with the assets beyond means case.
Published 10 Apr, 2019 12:00am
Fawad seeks Chinese help for Media University

Fawad seeks Chinese help for Media University

Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain Tuesday invited Chinese technological giant ZTE Corporation to give technical assistance in establishment of Media University and invite them to set up their manufacturing units in P
Published 10 Apr, 2019 12:00am
Diligence, dedication keys to success: Alvi

Diligence, dedication keys to success: Alvi

President Dr Arif Alvi on Tuesday said diligence and dedication were the keys to success for individuals as well as for the country's development. The President said this while interacting with a group of students from Federal Government Educational Insti
Published 10 Apr, 2019 12:00am
CDA fetches Rs 1,254 million through residential plots' auction

CDA fetches Rs 1,254 million through residential plots' auction

The Capital Development Authority (CDA) has fetched Rs 1,254 million from the auction of residential plots. During the first two days, 31 out of 38 residential plots were auctioned. Auction of commercial plots in different developed sectors of Islamabad w
Published 10 Apr, 2019 12:00am
SECP holds awareness session on AML/CFT regime

SECP holds awareness session on AML/CFT regime

As part of its ongoing awareness campaign, the SECP has organized three awareness sessions for the securities/commodities market, insurance/takaful sector and non-banking financial institutions in Karachi.
Published 10 Apr, 2019 12:00am
CCP fines UMT for false ranking claims

CCP fines UMT for false ranking claims

The Competition Commission of Pakistan (CCP) has passed an order imposing a penalty of PKR 5 million on the University of Management and Technology (UMT) for making false claims regarding its ranking and accreditation in violation of Section 10 of the Com
Published 10 Apr, 2019 12:00am
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