News Archives for Print - 2019-04-22

Apology

This apropos a news item titled 'Ex-interior minister meets army chief' carried by the newspaper in its yesterday's issue. The ISPR has denied this news and termed it fake. This newspaper which is known for its objectivity regrets the inadvertent publicat

Published 22 Apr, 2019 12:00am

Apology

This apropos a news item titled 'Ex-interior minister meets army chief' carried by the newspaper in its yesterday's issue. The ISPR has denied this news and termed it fake. This newspaper which is known for its objectivity regrets the inadvertent publicat

Published 22 Apr, 2019 12:00am

Currency

THE RUPEE: Mixed trend

The rupee showed mixed trend against the dollar on the money market during the week, ended on April 20, 2019. The rupee held the present levels in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40.

Published 22 Apr, 2019 12:00am

Currency

THE RUPEE: Mixed trend

The rupee showed mixed trend against the dollar on the money market during the week, ended on April 20, 2019. The rupee held the present levels in terms of the dollar for buying and selling at Rs 141.39 and Rs 141.40.

Published 22 Apr, 2019 12:00am

Blasts at Sri Lanka hotels, churches kill over 207

A series of eight devastating bomb blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka on Sunday, killing at least 207 people, including dozens of foreigners. The attacks were the worst act of violence to hit the countr

Published 22 Apr, 2019 12:00am

Blasts at Sri Lanka hotels, churches kill over 207

A series of eight devastating bomb blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka on Sunday, killing at least 207 people, including dozens of foreigners. The attacks were the worst act of violence to hit the countr

Published 22 Apr, 2019 12:00am

Pakistan condemns attacks

Foreign Minister Shah Mahmood Qureshi on Sunday telephoned Sri Lankan Prime Minister Ranil Wickremesinghe to condole and condemn the terrorist attacks that rocked the country on Easter Day. A devastating series of eight bomb blasts ripped through high-end

Published 22 Apr, 2019 12:00am

Pakistan condemns attacks

Foreign Minister Shah Mahmood Qureshi on Sunday telephoned Sri Lankan Prime Minister Ranil Wickremesinghe to condole and condemn the terrorist attacks that rocked the country on Easter Day. A devastating series of eight bomb blasts ripped through high-end

Published 22 Apr, 2019 12:00am

IMF not in favour of tax amnesty scheme

International Monetary Fund (IMF) has strongly opposed the proposed tax amnesty scheme under consideration by the Khan administration stating categorically that "such schemes fail to achieve their intended objectives". Business Recorder sent out wr

Published 22 Apr, 2019 12:00am

IMF not in favour of tax amnesty scheme

International Monetary Fund (IMF) has strongly opposed the proposed tax amnesty scheme under consideration by the Khan administration stating categorically that "such schemes fail to achieve their intended objectives". Business Recorder sent out wr

Published 22 Apr, 2019 12:00am

IMF not in favour of tax amnesty scheme

International Monetary Fund (IMF) has strongly opposed the proposed tax amnesty scheme under consideration by the Khan administration stating categorically that "such schemes fail to achieve their intended objectives". Business Recorder sent out wr

Published 22 Apr, 2019 12:00am

IMF not in favour of tax amnesty scheme

International Monetary Fund (IMF) has strongly opposed the proposed tax amnesty scheme under consideration by the Khan administration stating categorically that "such schemes fail to achieve their intended objectives". Business Recorder sent out wr

Published 22 Apr, 2019 12:00am

Currency

FBR told to fine tune assets declaration scheme

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Sunday directed Federal Board of Revenue (FBR) to further simple the proposed Assets Declaration Scheme 2019 for legalization of un-disclosed assets and income/ex

Published 22 Apr, 2019 12:00am

Currency

FBR told to fine tune assets declaration scheme

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Sunday directed Federal Board of Revenue (FBR) to further simple the proposed Assets Declaration Scheme 2019 for legalization of un-disclosed assets and income/ex

Published 22 Apr, 2019 12:00am

Currency

FBR told to fine tune assets declaration scheme

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Sunday directed Federal Board of Revenue (FBR) to further simple the proposed Assets Declaration Scheme 2019 for legalization of un-disclosed assets and income/ex

Published 22 Apr, 2019 12:00am

Government decides to issue fresh Sukuk worth Rs 200 billion

Federal Government has decided to issue fresh Sukuk worth Rs 200 billion, in addition to earlier Sukuk of Rs 200 billion through the same consortium of Islamic banks aimed at reducing circular debt prior to signing agreement with International Monetary Fu

Published 22 Apr, 2019 12:00am

Government decides to issue fresh Sukuk worth Rs 200 billion

Federal Government has decided to issue fresh Sukuk worth Rs 200 billion, in addition to earlier Sukuk of Rs 200 billion through the same consortium of Islamic banks aimed at reducing circular debt prior to signing agreement with International Monetary Fu

Published 22 Apr, 2019 12:00am

Government decides to issue fresh Sukuk worth Rs 200 billion

Federal Government has decided to issue fresh Sukuk worth Rs 200 billion, in addition to earlier Sukuk of Rs 200 billion through the same consortium of Islamic banks aimed at reducing circular debt prior to signing agreement with International Monetary Fu

Published 22 Apr, 2019 12:00am

Government decides to issue fresh Sukuk worth Rs 200 billion

Federal Government has decided to issue fresh Sukuk worth Rs 200 billion, in addition to earlier Sukuk of Rs 200 billion through the same consortium of Islamic banks aimed at reducing circular debt prior to signing agreement with International Monetary Fu

Published 22 Apr, 2019 12:00am

Foreign companies interested in housing project: PM

Prime Minister Imran Khan on Sunday said that the political leaders who had plundered the country during the last decade and burdened the country with excessive debts would be taken to task and made them an example. "How so long it takes, we will get them

Published 22 Apr, 2019 12:00am

Foreign companies interested in housing project: PM

Prime Minister Imran Khan on Sunday said that the political leaders who had plundered the country during the last decade and burdened the country with excessive debts would be taken to task and made them an example. "How so long it takes, we will get them

Published 22 Apr, 2019 12:00am

Foreign companies interested in housing project: PM

Prime Minister Imran Khan on Sunday said that the political leaders who had plundered the country during the last decade and burdened the country with excessive debts would be taken to task and made them an example. "How so long it takes, we will get them

Published 22 Apr, 2019 12:00am

Mixed trend witnessed

Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on April 19, 2019. BRIndex100 gained 10.64 points on week-on-week basis to close at 3,931.81 points. Average daily volumes stood at 146.194 million shares. BRIndex30 inched up by

Published 22 Apr, 2019 12:00am

Mixed trend witnessed

Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on April 19, 2019. BRIndex100 gained 10.64 points on week-on-week basis to close at 3,931.81 points. Average daily volumes stood at 146.194 million shares. BRIndex30 inched up by

Published 22 Apr, 2019 12:00am

Mixed trend witnessed

Pakistan Stock Exchange witnessed mixed trend during the outgoing week ended on April 19, 2019. BRIndex100 gained 10.64 points on week-on-week basis to close at 3,931.81 points. Average daily volumes stood at 146.194 million shares. BRIndex30 inched up by

Published 22 Apr, 2019 12:00am

Futures spread up by 202 basis points

The futures spread increased by 202bps to 3.09 percent on the last day of the week. Trading activities on the futures counter increased as average daily volumes improved by 39.5 percent to 64.41 million shares during this week.

Published 22 Apr, 2019 12:00am

Futures spread up by 202 basis points

The futures spread increased by 202bps to 3.09 percent on the last day of the week. Trading activities on the futures counter increased as average daily volumes improved by 39.5 percent to 64.41 million shares during this week.

Published 22 Apr, 2019 12:00am

PM arrives in Tehran

Prime Minister Imran Khan on Sunday arrived in Tehran on a two-day official visit to Iran at the invitation of Iranian President Dr Hassan Rouhani. As the prime minister landed at Mehrabad Airport of the Iranian capital city along with a high level delega

Published 22 Apr, 2019 12:00am

PM arrives in Tehran

Prime Minister Imran Khan on Sunday arrived in Tehran on a two-day official visit to Iran at the invitation of Iranian President Dr Hassan Rouhani. As the prime minister landed at Mehrabad Airport of the Iranian capital city along with a high level delega

Published 22 Apr, 2019 12:00am

Cash worth $113 million seized at Bashir's home

Sudan's army ruler General Abdel Fattah al-Burhan said Sunday that more than 113 million dollars worth of cash in three currencies has been seized from ousted leader Omar al-Bashir's residence. He said a team of police, army and security agents found seve

Published 22 Apr, 2019 12:00am

Cash worth $113 million seized at Bashir's home

Sudan's army ruler General Abdel Fattah al-Burhan said Sunday that more than 113 million dollars worth of cash in three currencies has been seized from ousted leader Omar al-Bashir's residence. He said a team of police, army and security agents found seve

Published 22 Apr, 2019 12:00am

King restores citizenship of 551 Bahrainis

Bahrain's king Sunday ordered the citizenship of 551 Bahrainis to be restored, after his country was harshly criticised by the UN and rights groups for revoking people's nationalities. "His Majesty King Hamad bin Isa Al Khalifa has issued an order, reinst

Published 22 Apr, 2019 12:00am

King restores citizenship of 551 Bahrainis

Bahrain's king Sunday ordered the citizenship of 551 Bahrainis to be restored, after his country was harshly criticised by the UN and rights groups for revoking people's nationalities. "His Majesty King Hamad bin Isa Al Khalifa has issued an order, reinst

Published 22 Apr, 2019 12:00am

Afghan Supreme Court extends Ghani's term until delayed elections

Afghanistan's supreme court has extended the term of President Ashraf Ghani until delayed elections take place, an official said Sunday, resolving for now the question of what would happen after his term expires on May 22. Presidential elections were init

Published 22 Apr, 2019 12:00am

Afghan Supreme Court extends Ghani's term until delayed elections

Afghanistan's supreme court has extended the term of President Ashraf Ghani until delayed elections take place, an official said Sunday, resolving for now the question of what would happen after his term expires on May 22. Presidential elections were init

Published 22 Apr, 2019 12:00am

US withdrawal from Afghanistan focus of next talks: Taliban

Upcoming talks between the Taliban and the United States will focus on the timetable for pulling all foreign forces from Afghanistan, according to a senior Taliban member. In an interview with AFP, the Taliban's political spokesman Suhail Shaheen said pre

Published 22 Apr, 2019 12:00am

US withdrawal from Afghanistan focus of next talks: Taliban

Upcoming talks between the Taliban and the United States will focus on the timetable for pulling all foreign forces from Afghanistan, according to a senior Taliban member. In an interview with AFP, the Taliban's political spokesman Suhail Shaheen said pre

Published 22 Apr, 2019 12:00am

Comedian Zelensky wins Ukraine presidency in landslide

A comedian with no political experience won a landslide victory in Ukraine's presidential election Sunday, exit polls showed, dealing a stunning rebuke to the country's political establishment. Volodymyr Zelensky, whose only previous political role was pl

Published 22 Apr, 2019 12:00am

Comedian Zelensky wins Ukraine presidency in landslide

A comedian with no political experience won a landslide victory in Ukraine's presidential election Sunday, exit polls showed, dealing a stunning rebuke to the country's political establishment. Volodymyr Zelensky, whose only previous political role was pl

Published 22 Apr, 2019 12:00am

Currency

Suspension of cross-LoC trade: Pakistan condemns India's unilateral decision

Pakistan on Sunday condemned India's unilateral decision to suspend cross-LoC trade and rejected the allegations regarding its misuse. "The Indian action is based on groundless accusations that this mechanism is being used for smuggling, narcotics, fake c

Published 22 Apr, 2019 12:00am

Currency

Suspension of cross-LoC trade: Pakistan condemns India's unilateral decision

Pakistan on Sunday condemned India's unilateral decision to suspend cross-LoC trade and rejected the allegations regarding its misuse. "The Indian action is based on groundless accusations that this mechanism is being used for smuggling, narcotics, fake c

Published 22 Apr, 2019 12:00am

Currency

Suspension of cross-LoC trade: Pakistan condemns India''s unilateral decision

Pakistan on Sunday condemned India''s unilateral decision to suspend cross-LoC trade and rejected the allegations regarding its misuse. "The Indian action is based on groundless accusations that this mechanism is being used for smuggling, narcotics, fake

Published 22 Apr, 2019 12:00am

Increase in defence-related output in POF: cabinet defers Ministry's proposal

The Federal Cabinet has reportedly deferred a proposal of Ministry of Defence Production regarding increase in defence-related industrial and commercial output in Pakistan Ordnance Factories for further consultation, well informed sources told Business Re

Published 22 Apr, 2019 12:00am

Increase in defence-related output in POF: cabinet defers Ministry's proposal

The Federal Cabinet has reportedly deferred a proposal of Ministry of Defence Production regarding increase in defence-related industrial and commercial output in Pakistan Ordnance Factories for further consultation, well informed sources told Business Re

Published 22 Apr, 2019 12:00am

Mueller report: top Democrats leave open option of impeaching Trump

Top congressional Democrats left the door open on Sunday to pursue the impeachment of US President Donald Trump, but said they would first need to complete their own investigations into whether he obstructed justice in Special Counsel Robert Mueller's Rus

Published 22 Apr, 2019 12:00am

Mueller report: top Democrats leave open option of impeaching Trump

Top congressional Democrats left the door open on Sunday to pursue the impeachment of US President Donald Trump, but said they would first need to complete their own investigations into whether he obstructed justice in Special Counsel Robert Mueller's Rus

Published 22 Apr, 2019 12:00am

Four militants dead after attack on Saudi security forces

Four men were killed Sunday as they attacked a Saudi security services base in a town north of the capital Riyadh, the official Saudi Press Agency (SPA) reported. The agency, quoting a spokesman for the state security services, said three policemen were a

Published 22 Apr, 2019 12:00am

Four militants dead after attack on Saudi security forces

Four men were killed Sunday as they attacked a Saudi security services base in a town north of the capital Riyadh, the official Saudi Press Agency (SPA) reported. The agency, quoting a spokesman for the state security services, said three policemen were a

Published 22 Apr, 2019 12:00am

Market access on ASEAN pattern

Special Advisor to the Prime Minister on Commerce and Textiles Abdul Razzak Dawood revealed during the relevant National Assembly Committee's meeting that China has agreed to allow market access to Pakistani exports on the pattern of Association of Southe

Updated 22 Apr, 2019 07:20am

Currency

Agreements with the IPPs

It is generally believed that Independent Power Producers (IPPs) were able to get very favourable terms and conditions from the government of Pakistan due to energy crisis in the country at that time. According to a report in this newspaper, the situation

Updated 22 Apr, 2019 07:20am

Where did MoF go so very wrong?

Prime Minister Imran Khan has replaced Asad Umar as the finance minister for one would assume poor performance. The question is how and when did he perform poorly?

Published 22 Apr, 2019 12:00am

Currency

Living in an instant world

At the speed of light used to be the cliché. At the speed of thought, is the new mantra. Fast, furious and asap (as soon as possible) is what everybody wants. Life has become a blur of frenetic activity. Countries are trying to become more developed in le

Published 22 Apr, 2019 12:00am

Care workers cross Europe's east-west divide

Every two weeks, Alena Konecna packs her bags to leave her own mother and daughter at home in Slovakia and travel some 400 kilometres (250 miles) across the border into Austria to take care of someone else's mother. As citizens across the continent prepar

Published 22 Apr, 2019 12:00am

Change of finance minister

While the prerogative of reshuffling the cabinet certainly rests with the prime minister, it is in his/her interest that the timing is such that it benefits rather than hurts his government and his party. The removal of the finance minister would appear t

Published 22 Apr, 2019 12:00am

Awareness walk to mark World IP Day held

In order to create maximum awareness among masses regarding the protection of Intellectual Property Rights (IPRs) and as a part of World IP Day celebrations, Intellectual Property Organization (IPO-Pakistan) held an awareness walk on Sunday. Mujeeb Ahmed

Published 22 Apr, 2019 12:00am

Money Bill 2019 to divert health revenue to federal consolidated fund: experts

The government move to introduce health tax through Money Bill 2019 would divert revenue from this tax to the federal consolidated fund and cannot be directly embarked for health related activities. Experts told Business Recorder that the additiona

Published 22 Apr, 2019 12:00am

JI leader seeks 10-year tax exemption for erstwhile Fata

Jamaat-e-Islami (JI) Khyber Pakhtunkhwa Ameer, and Senator Mushtaq Ahmad Khan demanded of the government to exempt the erstwhile Federally Administered Tribal Areas(Fata) from taxes for next ten years and share in multi-billion dollars, China-Pakistan Eco

Published 22 Apr, 2019 12:00am

Fazl vows to resist presidential form of government

Jamiat Ulema-e-Islam-Fazl (JUI-F) chief Maulana Fazlur Rehman has expressed strong opposition to the presidential form of government in the country and vowed to resist such bid. "The PTI government is trying to repeal the 18th Constitutional Amendment. Th

Published 22 Apr, 2019 12:00am

PDMA issues alert as Met Office forecasts heavy rains

The Provincial Disaster Management Authority (PDMA) has informed all Deputy Commissioners in Khyber Pakhtunkhwa about another wave of dust-thunder storm and rain in the province from Tuesday next. Directives were issued here on Sunday by PDMA after the we

Published 22 Apr, 2019 12:00am

NAB apprehends Zardari's close aide

National Accountability Bureau (NAB) conducted a raid at Naudero House and apprehended its in-charge Abdul Nadeem Bhutto in the fake accounts case. Sources said that Nadeem Bhutto was a close-aide of Pakistan Peoples Party's co-chairman Asif Ali Zardari a

Published 22 Apr, 2019 12:00am

Sri Lanka blasts: Firdous grieved over loss of lives

Special Assistant to Prime Minister (SAPM) on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday expressed deep grief and sorrow over loss of precious lives and damage to property in Sri Lanka blasts on the occasion of Easter.

Published 22 Apr, 2019 12:00am

Prices of essential kitchen items continue to soar

The upward trend in prices of important kitchen items, including vegetable, pulses, sugar, flour, dates, except live chicken/meat, eggs was witnessed in retail market ahead of Ramadan, said in a survey carried out by Business Recorder here on Sunda

Published 22 Apr, 2019 12:00am

Regulation of charities & funds: KP to establish charitable commission

The provincial government of Khyber Pakhtunkhwa is going to establish Charitable Commission to register and regulate charities and collection of charitable funds in the province. For the purpose, the provincial government has already introduced a draft le

Published 22 Apr, 2019 12:00am

Experts for making thyroid test mandatory for newborn

The experts at the concluding session of 2-day international symposium on Pediatric Endocrinology & Diabetes (PE&D) on Sunday emphasized the need to make new born thyroid testing mandatory to prevent development of mental retardation.

Published 22 Apr, 2019 12:00am

Poor performance: Punjab government initiates action against officers

The Punjab government has started "stern action" against the officers of various departments for showing irresponsible behavior in resolving public complaints received on Pakistan Citizen Portal. In this regard, Chief Secretary Punjab Yousaf Naseem Khokha

Published 22 Apr, 2019 12:00am

Mashal Malik plans to meet her ailing husband

Hurriyat Leader Yasin Malik's wife Mashal Malik on Sunday announced her intention of heading back to India to meet his ailing husband who is in custody of Indian forces. Talking to media at Lahore Press Club, Mashal Malik revealed that Indian forces were

Published 22 Apr, 2019 12:00am

PTI team lost match, says JI chief

Chief of Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has said that the PTI team had lost the match and its titanic had sunk in its own tsunami. Addressing the JI Arkan (members) at Lower Dir, he said that even those who brought the PTI into power, wer

Published 22 Apr, 2019 12:00am

UoG syndicate's meeting called despite incomplete quorum

The 37th meeting of the syndicate of University of Gujrat (UoG) has been called despite of the fact that quorum of the syndicate is not complete. Well informed sources told Business Recorder that acting vice chancellor university of Gujrat will pre

Published 22 Apr, 2019 12:00am

Punjab governor approves Punjab Aab-e-Pak Authority

The governor Punjab has formally approved the Punjab Aab-e-Pak Authority by signing bill approved by Punjab Assembly. Governor Punjab Ch Mohammad Sarwar will be patron-in-chief of authority. Punjab Aab-e-Pak Authority has been established to provide clean

Published 22 Apr, 2019 12:00am

Shujaat rejects contacts with Shahbaz Sharif

President of Pakistan Muslim League (PML-Q) Chaudhry Shujaat Hussain rejected the rumors of contact with PML-Nawaz leader Shahbaz Sharif. Former prime minister and PML-Q leader said this, talking to the media in London. He said neither he contacted any PM

Published 22 Apr, 2019 12:00am

Two dead, two injured in road mishap

At least two people died and two others injured in collision between dumper and a motorcycle here on Sunday. Rescue sources said that the accident took place near Ghagar Phatak in Karachi when an over speeding dumper knocked down a motorcycle carrying fou

Published 22 Apr, 2019 12:00am

Cotton

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

The prices of cotton remained stable. The government has set the target of production of 15 million bales according to the vision of Prime Minister Imran Khan. However the premium of Rs 200 per 40 Kg on Cotton Seed will be paid.

Published 22 Apr, 2019 12:00am

Cotton

Weekly Cotton Review: prices remain stable due to buying by textile, spinning mills

The prices of cotton remained stable. The government has set the target of production of 15 million bales according to the vision of Prime Minister Imran Khan. However the premium of Rs 200 per 40 Kg on Cotton Seed will be paid.

Published 22 Apr, 2019 12:00am

Tareen rejects reports of Punjab CM's removal

Rejecting media reports about removal of Punjab chief minister, Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen here on Sunday said that Prime Minister Imran Khan was not mulling to remove Sardar Usman Buzdar. Inaugurating the green and clean d

Published 22 Apr, 2019 12:00am

PPP has nothing to do with ZAB's ideology, says Firdous

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday said the Pakistan Peoples Party (PPP) would loose its grip on the Sindh province if it did not distance itself from corruption. The Pakistan Tehreek-e-

Published 22 Apr, 2019 12:00am

Pesco drive against power theft continues

Peshawar Electric Supply Company (Pesco) surveillance teams has checked commercial and industrial meters in the jurisdiction of Peshawar, Khyber, Mardan circles during ongoing campaign against power pilferage in the province. According to details, Pesco S

Published 22 Apr, 2019 12:00am

Asma bags ICAP's prestigious award

Dubai-based Pakistani Asma Jan Muhammad has won Chartered Accountant Woman of the Year Award held by the Institute of Chartered Accountants of Pakistan (ICAP) in Islamabad. President of Pakistan Dr. Arif Alvi presented the award to her. Asma has been livi

Published 22 Apr, 2019 12:00am

Haleem foresees next Sindh CM, Karachi mayor from PTI

Senior Acting President of Pakistan Tehreek e Insaf (PTI) Sindh chapters and parliamentary leader in Sindh Assembly Haleem Adil Sheikh has predicted that the next chief minister of the province and mayor of Karachi would be from his party. Addressing a co

Published 22 Apr, 2019 12:00am

Retired employees of KWSB deprived of outstanding dues

As many as 881 retired employees and the families of late workers of Karachi Water and Sewerage Board (KW&SB) are running from pillar to post to get their outstanding dues as the Sindh government seems least bothered to resolve the issue, putting hundreds

Published 22 Apr, 2019 12:00am

3,753 packets of unsafe meat removed from market

The Punjab Food Authority (PFA) on Sunday removed 3,753 packets of six meat companies from the market over failure to meet the food safety standards by sharing laboratory results of frozen meat products with media for the public interest.

Updated 23 Apr, 2019 07:40am

Hazarganji incident: perpetrators to be brought to justice: PM

Prime Minister Imran Khan on Sunday while expressing condolences with the victim families of recent terror attack in Quetta's Hazarganji market, called for joint efforts to foil the enemy's nefarious designs for creating any chaos in the country.

Published 22 Apr, 2019 12:00am

SWT to set up 99 water filtration plants in Lahore

Commissioner Lahore Division, Dr. Mujtaba Piracha and Sailani Welfare Trust signed MoU to establish 99 water filtration plants in Lahore at different locations. Commissioner Lahore, Dr Mujtaba Piracha and President Sailani Welfare Trust Yosuf Lakhani sign

Published 22 Apr, 2019 12:00am

Six die as building collapses

At least six people including two women were killed after a four-storey building collapsed in Bhati Chowk locality on Saturday night. According to details, three others including two children were also injured in the collapse. Officials said the four-stor

Published 22 Apr, 2019 12:00am

Tourism zone to prove milestone in uplift of sector: NTB chief

Chairman National Tourism Board (NTB) Zulfi Bukhari said that establishment of tourism zone would prove a milestone in the development of tourism sector and attracting more tourists and visitors to Khyber Pakhtunkhwa.

Published 22 Apr, 2019 12:00am

Bookme gets LIVC's investment in e-ticketing funding round

Bookme Tickets (Private) Limited (Bookme), a leading Pakistani e-ticketing platform for transport and entertainment, announced today that it has closed a Pre-Series A funding round for expansion in Pakistan. The funding round was led by Pakistan's rising

Published 22 Apr, 2019 12:00am

Murtaza condemns bombing of churches in Sri Lanka

Adviser to Sindh Chief Minister on Information & Archives, Law, and Anti-Corruption Barrister Murtaza Wahab on Sunday, on behalf of the Sindh government and Pakistan People's Party, felicitated the members of Christian community on the their religious fes

Published 22 Apr, 2019 12:00am

'We want to make the agri supply chain efficient through tech' an interview with Jehanzeb Nasir Chaudhri, founder Mandiexpress.pk

In the age of digital disruption, the possibilities for young tech entrepreneurs are endless. Though late to the game, Pakistani entrepreneurs have not been short of ideas. Some have worked, others faltered, many going out of business as rapidly as they c

Published 22 Apr, 2019 12:00am

'We want to make the agri supply chain efficient through tech' an interview with Jehanzeb Nasir Chaudhri, founder Mandiexpress.pk

In the age of digital disruption, the possibilities for young tech entrepreneurs are endless. Though late to the game, Pakistani entrepreneurs have not been short of ideas. Some have worked, others faltered, many going out of business as rapidly as they c

Published 22 Apr, 2019 12:00am

MDTF-funded ERKF project: Over 8000 crisis-hit SMEs of erstwhile Fata-KP apply for grants

More than 8,000 applications from the crisis-hit SMEs from the merged districts of erstwhile FATA have submitted applications for Economic Revitalization of KP and FATA (ERKF) project that is funded by the Project Unit of the Multi-Donor Trust Fund (MDTF)

Published 22 Apr, 2019 12:00am

100 more Indian fishermen released

Pakistan as goodwill gesture released another 100 Indian fishermen from Central Jail Karachi on Sunday. The said fishermen were arrested for fishing illegally in Pakistani waters during various operations. They will be taken to Lahore through train where

Published 22 Apr, 2019 12:00am

Baby Nishwa case: two more employees of Darul Sehat arrested

Police have arrested admin in-charge Shehzad and nurses' in-charge Atif Javeed of Darul Sehat Hospital in a case of administering a wrong injection to a nine-month-old girl Nishwa. According to police, the arrested suspects would be presented before a cou

Published 22 Apr, 2019 12:00am

Zardari condemns terrorist attacks in Sri Lanka

Former President of Pakistan and President Pakistan Peoples Party Parliamentarians (PPPP) Asif Ali Zardari has condemned terrorist attacks in Sri Lanka on the eve of Easter are heinous crimes against humanity. In a statement issued here on Sunday, Asif Za

Published 22 Apr, 2019 12:00am

Turkey opposition leader attacked at soldier's funeral

The leader of Turkey's main opposition party was attacked on Sunday at a funeral for a soldier killed fighting against Kurdish militants, a state news agency and his party said. Republican People's Party (CHP) chief Kemal Kilicdaroglu was taken to a nearb

Published 22 Apr, 2019 12:00am

Iraq condemns to death four IS members repatriated from Syria

Iraq's judiciary condemned to death four Islamic State group members on Sunday, the first known sentence for hundreds of Iraqi jihadists repatriated in recent months from neighbouring Syria. In early April, Iraq's specialised terrorism courts began prepar

Published 22 Apr, 2019 12:00am

Haftar forces press offensive on Libyan capital

Forces backing Libya's unity government battled to push back an offensive by strongman Khalifa Haftar on Sunday as his troops approached the gates of Tripoli after air raids overnight. Haftar's self-proclaimed Libyan National Army, galvanised by victories

Published 22 Apr, 2019 12:00am

Iran leader appoints new head of revolutionary guards

Iran's Supreme Leader Ayatollah Ali Khamenei has appointed a new head of the Revolutionary Guards, the country's ideological military force, Khamenei's official website reported late Sunday. Major General Hossein Salami, 58, replaces Major General Mohamma

Published 22 Apr, 2019 12:00am

Bangladesh puts anti-sexual harassment units in schools after girl's murder

Bangladesh has ordered some 27,000 schools to set up committees to prevent sexual violence, an official said Sunday, after a teenager who accused a teacher of sexual harassment was burned to death. The killing of 19-year-old Nusrat Jahan Rafi has sparked

Published 22 Apr, 2019 12:00am

New Istanbul mayor rallies supporters for 'new beginning'

Istanbul's new mayor rallied hundreds of thousands of supporters on Sunday to celebrate a "new beginning", urging people to unite after his highly contested win against President Recep Tayyip Erdogan's ruling party. Ekrem Imamoglu, 49, of the opposition R

Published 22 Apr, 2019 12:00am

Saudis grapple with ever-shifting 'red lines'

Two Saudis vent their opinions publicly. One is detained, the other is acquitted after the right to free speech is invoked. Such inconsistencies are provoking confusion over the kingdom's ever-shifting "red lines". Sex, religion and politics were once cle

Published 22 Apr, 2019 12:00am

Thousands protest in Morocco demanding release of jailed activists

Thousands of Moroccans staged a march on Sunday in downtown Rabat to demand the release of activists who led protests over economic and social problems in the northern Rif region in late 2016 and 2017.

Published 22 Apr, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.10
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.33
Euro to USD / May 13	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
India Sensex / May 13	81,148.22
Tokyo Nikkei / May 13	37,897.71
Nasdaq / May 13	19,010.09
Hang Seng / May 13	23,441.04
FTSE 100 / May 13	8,602.92
Dow Jones / May 13	42,140.43
Germany DAX 30 / May 13	23,638.56
France CAC40 / May 13	7,873.83

Item	Value
Crude Oil USD/Barrel / May 13	63.36
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Gold Spot USD/Ounce / May 13	3,227.76
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Diesel/Litre / May 14	256.64

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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