News Archives for Print - 2019-06-19

Atlas Group signs JV accord with DID Group

Atlas Group and DID Group (DID) Tuesday signed an agreement to establish a new joint venture to manufacture quality competitive motorcycle Chains in the country. The new company, Atlas DID (Private) Limited, will be established in July 2019. The two Group

Published 19 Jun, 2019 12:00am

Government may impose GST, IT on electricity bills

The government is likely to impose 17% GST and 5% income tax in the electricity bills which, coupled with Rs 1.5 per kWh increase in tariff, would have devastating effect on the industrial growth including the exporting industry where zero rating facility

Published 19 Jun, 2019 12:00am

PDA seeks withdrawal of 10pc tax on fat filled milk products

Pakistan Dairy Association (PDA) approached the Prime Minister and Finance Minister of Pakistan through a letter to request the withdrawal of 10 percent sales taxes on fat filled milk products classified under Eighth Schedule of the Sales Tax Act, 1990. M

Published 19 Jun, 2019 12:00am

Blocking passage of budget in NA: joint opposition body to approach PTI's allies

The joint opposition has decided to constitute a committee to approach the allies of the Pakistan Tehreek-e-Insaf (PTI) government to convince them for blocking the passage of 'anti-people' budget 2019-20 from the National Assembly.

Published 19 Jun, 2019 12:00am

KP government, Chinese company sign MoU for PCR feasibility study

Khyber Pakhtunkhwa Transport and Mass Transit Department signed a memorandum of understanding (MoU) with China Railway Construction Corporation Limited (CRCC) for preparation of feasibility study of Greater Peshawar Region Mass Transit Project also known

Published 19 Jun, 2019 12:00am

Pak Suzuki introduces new ALTO 660cc

Pak Suzuki Motor Company Limited hosted a launch event to introduce The All New ALTO 660cc. The event was held at Pak China Friendship Centre in Islamabad on June 15. The All New Alto has been developed keeping in mind the Pakistani customers' needs of a

Published 19 Jun, 2019 12:00am

Senate body not happy with low allocations for CPEC projects

Expressing serious reservations over low budgetary allocations for China-Pakistan Economic Corridor (CPEC) projects, especially Western route, a parliamentary panel on Tuesday urged the government to increase the funding. The Senate Standing Committee on

Published 19 Jun, 2019 12:00am

Relief to BRT-hit traders: business community voices concern over delay

Business community has expressed concern over delay in announcement of relief to the traders affected by Peshawar Bus Rapid Transit Project and asked the provincial government to materialize its commitment with letter and spirit and also complete Peshawar

Published 19 Jun, 2019 12:00am

Japanese companies in Pakistan: Ignite organises design thinking workshop

Ignite National Technology Fund an innovation value chain fixing arm of Ministry of IT & Telecom in coordination with Japan External Trade Organization, Karachi, organized a one day Design Thinking workshop for the Japanese companies working in Pakistan.

Published 19 Jun, 2019 12:00am

Prioritise electricity load-shedding: ministry seeks time again from SC to submit proposal

Ministry of Energy (Power Division) on Tuesday sought time again from the Supreme Court to submit proposal to prioritise electricity load-shedding among different categories of consumers. The apex court on May 21 gave four weeks to file the proposal. Howe

Published 19 Jun, 2019 12:00am

Journalist forum formed in Sialkot

A Journalist forum consisting of senior journalists had been established in Sialkot. The basic objectives of setting up the forum aimed at promoting healthy and impartial journalism in this export-oriented city and the hub of cottage industry of the count

Published 19 Jun, 2019 12:00am

Chinese firm, PHATA ink MoU for low-cost housing units

Punjab Housing and Town Planning Agency (PHATA) and a Chinese company Sunrise construction signed a Memorandum of Understanding (MoU) for the construction of low-cost houses under Naya Pakistan Housing scheme. Punjab Minister Mian Mehmood-ur-Rasheed, Chai

Published 19 Jun, 2019 12:00am

MPAs from Bahawalpur call on Buzdar

Members of the Punjab Assembly belonging to Bahawalpur division called on Punjab Chief Minister Sardar Usman Buzdar at his office on Tuesday and discussed various matters including public welfare schemes and development of the area. They also congratulate

Published 19 Jun, 2019 12:00am

Fishery sector's upgradation to boost exports: PCJCCI

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has said that Pakistan could make a quantum leap in exports by upgrading its marine fisheries sector in collaboration with China. PCJCCI President Shah Faisal Afridi stated this while addressing a

Published 19 Jun, 2019 12:00am

Pak-Italy businessmen urged to help enhance trade volume

Trade Commissioner of Italian Trade Agency (ITA) Gianpaolo Bruno has said that Pakistan's population of more than 200 million clearly indicates huge potential that needs to be exploited; therefore, the business communities of Pakistan and Italy should wor

Published 19 Jun, 2019 12:00am

KU extends date for admission to postgraduate courses

The University of Karachi has extended the last date for submission of application form for Karachi University Entrance Test 2019 for MPhil, PhD, MS and MD program till June 24, 2019. The KU registrar Professor Dr Saleem Shahzad announced this on Tuesday.

Published 19 Jun, 2019 12:00am

FBR team visits SAI: Industrialists briefed about Asset Declaration Ordinance 2019

President of Site Association of Industry (SAI), Saleem Parekh has emphasised that all the information disclosed under Asset Declaration Ordinance 2019 must be kept secret and should not be shared with any other department.

Published 19 Jun, 2019 12:00am

EFP chief for recognising private sector's role in ILO future of work agenda

"The present and future role played by the private sector in the ILO future of work agenda needs to be truly recognized in order to ensure sustainable economic growth based on productivity and enabling environment for business together with decent work. U

Published 19 Jun, 2019 12:00am

Sindh PA debate on budget: opposition deplores over mere one percent allocation for public transport

The opposition on Tuesday continued pilling up criticism on the provincial budget 2019-20, pointing out at a scant allocation for the public transport development, during the Sindh Assembly sitting. The house held its second sitting to discuss the budget

Published 19 Jun, 2019 12:00am

Treasury benches create furore on remarks against PM in Senate

The upper House of the Parliament on Tuesday saw a highly charged session after the treasury benches created a furore on the remarks of an opposition senator made against Prime Minister Imran Khan and these verbal skirmishes led to the adjournment of sess

Published 19 Jun, 2019 12:00am

Qureshi meets investors, British Pakistani MPs

Foreign Minister Shah Mahmood Qureshi met with Pakistani community, business persons, potential investors, young entrepreneurs and the British Pakistani parliamentarians at the Pakistan High Commission London. The foreign minister is currently in UK at th

Published 19 Jun, 2019 12:00am

Exchange

Pakistan, China will promote tourism: Yao Jing

Pakistan and China will promote tourism as well as people to people interaction in the new stage of China-Pakistan Economic Corridor (CPEC), said Yao Jing, Chinese Ambassador to Pakistan. "Both Pakistan and China are famous for the rich Asian civilisation

Published 19 Jun, 2019 12:00am

IHC dismisses petition challenging pre-arrest bail of Khokhar

The Islamabad High Court (IHC) Tuesday turned down a petition moved by the federation challenging the pre-arrest bail of Pakistan Peoples Party's (PPP) leader Senator Mustafa Nawaz Khokhar. A single bench of IHC comprising Justice Mohsin Akhtar Kayani hea

Published 19 Jun, 2019 12:00am

BNP-M to attend Opposition's APC: Mengal

The Balochistan National Party (Mengal) chief, Sardar Akhtar Mengal on Tuesday announced that his party, which is a critical ally of the Pakistan Tehreek-e-Insaf-led federal government, will attend the opposition's All Parties Conference (APC).

Published 19 Jun, 2019 12:00am

Army copter saves six climbers hit by avalanche

A army helicopter rescued on Tuesday four Italian and two Pakistani climbers stranded at an altitude of around 5,300 meters (17,390 feet) in the country's north, after an avalanche struck the team the previous day, a mountaineering worker said. A Pakistan

Published 19 Jun, 2019 12:00am

Pakistan government dossier to BBC, demands apology, removal of story

Pakistan government formally lodged protest with the British Broadcasting Company (BBC) for publishing baseless and one-sided story, Aaj News reported Tuesday The government sent a 19-page dossier to the BBC over June 2 story vis-à-vis alleged human right

Published 19 Jun, 2019 12:00am

Apex court moved to declare multiple-candidacy unlawful

Permissibility of multiple-candidacy in legislative forum is violative of the democratic process and causes inconvenience to the public at large. Advocate Qamar Afzal on Tuesday filed a constitutional petition through AOR Mir Aurangzaib, requesting the ap

Published 19 Jun, 2019 12:00am

Exchange

Zardari and Faryal's arrest: no ulterior motive can be attributed to NAB: IHC

The Islamabad High Court (IHC) has said that no ulterior motive can be attributed to National Accountability Bureau (NAB) for the arrest of former President Asif Ali Zardari and Faryal Talpur. The Pakistan Peoples Party's leaders were arrested by the NAB

Published 19 Jun, 2019 12:00am

Fake accounts case: Finance managers of 3 sugar mills remanded to NAB custody

The National Accountability Bureau (NAB) on Tuesday obtained 10-day physical remand of finance managers of three different sugar mills till June 28 from an accountability court on Tuesday. In the fake bank account case, NAB officials produced three accuse

Published 19 Jun, 2019 12:00am

A clever response

DG ISPR Major-General Asif Ghafoor has responded in a highly meaningful manner to Indian Home Minister Amit Shah's congratulatory message to the Indian cricket team after their win over Pakistan in the World Cup clash, in which he said: "Another strike on

Published 19 Jun, 2019 12:00am

Tanker attacks seen as calibrated but risky Iranian response to US sanctions

If, despite its firm denials, Iran was behind attacks on two oil tankers in the Gulf last week and a further four last month, they represent a calibrated yet risky pushback against a US sanctions squeeze, regional experts say.

Published 19 Jun, 2019 12:00am

The real RLNG controversy

Electricity is a unique commodity which cannot be stored, at an economical cost, and must be consumed as it is generated. It is important to recognise that in the short run, the installed generation capacity in a system cannot be increased or decreased. A

Published 19 Jun, 2019 12:00am

The other power struggle

Power shortage has been one of the chronic problems hampering Pakistan's socio-economic growth since late 1980s. The problem had assumed such acute dimensions that power supply fell short of demand by almost 2000MW during peak load hours by mid-1980s. The

Published 19 Jun, 2019 12:00am

Multiple fronts

The Pakistan Tehreek-i-Insaaf (PTI) government has shown a rare talent for opening up multiple fronts instead of concentrating efforts and minds on priority areas. Arguably, the single most important of these is the annual budget. In a situation where the

Updated 19 Jun, 2019 05:53am

Exchange

Towards stabilisation?

Governor State Bank of Pakistan (SBP), Dr Reza Baqir, in an unprecedented press conference where he took questions from journalists from all major cities, expressed his unequivocal support for the International Monetary Fund's (IMF's) prior conditions ref

Updated 19 Jun, 2019 05:54am

WHT, minimum tax to be cut if sugar dealers get registered: Shabbar

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi Tuesday said the FBR has agreed to reduce withholding tax and minimum tax for those sugar dealers who would get themselves registered with the FBR.

Published 19 Jun, 2019 12:00am

WHT, minimum tax to be cut if sugar dealers get registered: Shabbar

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi Tuesday said the FBR has agreed to reduce withholding tax and minimum tax for those sugar dealers who would get themselves registered with the FBR.

Published 19 Jun, 2019 12:00am

WHT, minimum tax to be cut if sugar dealers get registered: Shabbar

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi Tuesday said the FBR has agreed to reduce withholding tax and minimum tax for those sugar dealers who would get themselves registered with the FBR.

Published 19 Jun, 2019 12:00am

Exchange

Exports, imports witness decline in May

The country''s exports during May 2019 witnessed a decline of 1.72 percent and decreased from $2.14 billion to $2.10 billion against the exports of May 2018, said Pakistan Bureau of Statistics (PBS).

Published 19 Jun, 2019 12:00am

Exchange

Exports, imports witness decline in May

The country's exports during May 2019 witnessed a decline of 1.72 percent and decreased from $2.14 billion to $2.10 billion against the exports of May 2018, said Pakistan Bureau of Statistics (PBS).

Published 19 Jun, 2019 12:00am

Exchange

Exports, imports witness decline in May

The country's exports during May 2019 witnessed a decline of 1.72 percent and decreased from $2.14 billion to $2.10 billion against the exports of May 2018, said Pakistan Bureau of Statistics (PBS).

Published 19 Jun, 2019 12:00am

Exchange

Proposed AML amendment law; NA body postpones approval

National Assembly Standing Committee on Finance has put off the approval of the proposed AML amendment law with directives to the Finance Ministry to include deterrence in the law to prevent misuse of arrest powers by the investigating officer (IO)/agency

Published 19 Jun, 2019 12:00am

Exchange

Proposed AML amendment law; NA body postpones approval

National Assembly Standing Committee on Finance has put off the approval of the proposed AML amendment law with directives to the Finance Ministry to include deterrence in the law to prevent misuse of arrest powers by the investigating officer (IO)/agency

Published 19 Jun, 2019 12:00am

Forces committed to defend motherland with nation's help: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that Armed forces of the country are committed to defend the motherland with the nation's support.

Published 19 Jun, 2019 12:00am

Forces committed to defend motherland with nation's help: CoAS

Chief of Army Staff (CoAS) General Qamar Javed Bajwa has said that Armed forces of the country are committed to defend the motherland with the nation's support.

Published 19 Jun, 2019 12:00am

Progress regarding NPPMCL sell-off plan reviewed

The Privatisation Commission has reviewed the progress being made regarding the privatisation of National Power Parks Management Committee Limited (NPPMCL). The third meeting of the transaction committee for privatisation of National Power Parks Managemen

Published 19 Jun, 2019 12:00am

Progress regarding NPPMCL sell-off plan reviewed

The Privatisation Commission has reviewed the progress being made regarding the privatisation of National Power Parks Management Committee Limited (NPPMCL). The third meeting of the transaction committee for privatisation of National Power Parks Managemen

Published 19 Jun, 2019 12:00am

Progress regarding NPPMCL sell-off plan reviewed

The Privatisation Commission has reviewed the progress being made regarding the privatisation of National Power Parks Management Committee Limited (NPPMCL). The third meeting of the transaction committee for privatisation of National Power Parks Managemen

Published 19 Jun, 2019 12:00am

AGP Anwar Mansoor likely to resign

Attorney General for Pakistan (AGP) Anwar Mansoor may resign as pressure has been mounting on him since the meeting of Supreme Judicial Council that deliberated upon the references against Justice Qazi Faez Isa and Justice KK Agha last week.

Published 19 Jun, 2019 12:00am

AGP Anwar Mansoor likely to resign

Attorney General for Pakistan (AGP) Anwar Mansoor may resign as pressure has been mounting on him since the meeting of Supreme Judicial Council that deliberated upon the references against Justice Qazi Faez Isa and Justice KK Agha last week.

Published 19 Jun, 2019 12:00am

Exchange

Reinsurance business: Measures to reduce outflow of foreign exchange discussed

The Securities and Exchange Commission of Pakistan (SECP), held a roundtable in Karachi to discuss measures to reduce outflow of foreign exchange pertaining to reinsurance business through optimizing local risk retention. The representatives of the State

Published 19 Jun, 2019 12:00am

Exchange

Reinsurance business: Measures to reduce outflow of foreign exchange discussed

The Securities and Exchange Commission of Pakistan (SECP), held a roundtable in Karachi to discuss measures to reduce outflow of foreign exchange pertaining to reinsurance business through optimizing local risk retention. The representatives of the State

Published 19 Jun, 2019 12:00am

Exchange

Reinsurance business: Measures to reduce outflow of foreign exchange discussed

The Securities and Exchange Commission of Pakistan (SECP), held a roundtable in Karachi to discuss measures to reduce outflow of foreign exchange pertaining to reinsurance business through optimizing local risk retention. The representatives of the State

Published 19 Jun, 2019 12:00am

Exchange

$300 million surrendered to banks since May 15: ECAP chief

The members of Exchange Companies Association of Pakistan held a meeting with the Director of State Bank of Pakistan (SBP), Irfan Ali Shah.

Published 19 Jun, 2019 12:00am

Exchange

$300 million surrendered to banks since May 15: ECAP chief

The members of Exchange Companies Association of Pakistan held a meeting with the Director of State Bank of Pakistan (SBP), Irfan Ali Shah.

Published 19 Jun, 2019 12:00am

Exchange

$300 million surrendered to banks since May 15: ECAP chief

The members of Exchange Companies Association of Pakistan held a meeting with the Director of State Bank of Pakistan (SBP), Irfan Ali Shah.

Published 19 Jun, 2019 12:00am

Governor calls Sindh PA session unlawful

Governor Imran Ismail has written a letter to Speaker Agha Siraj Durrani in which he called Sindh Assembly's budget session as unlawful. Reports had it Governor stated that the June 10 requisition for the budget session carried fake signatures since many

Published 19 Jun, 2019 12:00am

Governor calls Sindh PA session unlawful

Governor Imran Ismail has written a letter to Speaker Agha Siraj Durrani in which he called Sindh Assembly's budget session as unlawful. Reports had it Governor stated that the June 10 requisition for the budget session carried fake signatures since many

Published 19 Jun, 2019 12:00am

FDI declines by 49.2 percent in July-May

The foreign direct investment (FDI) in Pakistan has drastically declined by 49.2 percent during the first 11 months of current fiscal year (FY19). The State Bank of Pakistan (SBP) reported on Tuesday that FDI in Pakistan declined to $1.606 billion in the

Published 19 Jun, 2019 12:00am

FDI declines by 49.2 percent in July-May

The foreign direct investment (FDI) in Pakistan has drastically declined by 49.2 percent during the first 11 months of current fiscal year (FY19). The State Bank of Pakistan (SBP) reported on Tuesday that FDI in Pakistan declined to $1.606 billion in the

Published 19 Jun, 2019 12:00am

FDI declines by 49.2 percent in July-May

The foreign direct investment (FDI) in Pakistan has drastically declined by 49.2 percent during the first 11 months of current fiscal year (FY19). The State Bank of Pakistan (SBP) reported on Tuesday that FDI in Pakistan declined to $1.606 billion in the

Published 19 Jun, 2019 12:00am

Body formed to remove anomalies in Finance Bill

Chairman, Federal Board of Revenue (FBR) Shabbar Zaidi has constituted an Anomaly Committee in order to identify and remove the technical and legal anomalies in the Finance Bill 2019. According to an office order issued by the FBR here on Tuesday, the com

Published 19 Jun, 2019 12:00am

Body formed to remove anomalies in Finance Bill

Chairman, Federal Board of Revenue (FBR) Shabbar Zaidi has constituted an Anomaly Committee in order to identify and remove the technical and legal anomalies in the Finance Bill 2019. According to an office order issued by the FBR here on Tuesday, the com

Published 19 Jun, 2019 12:00am

Body formed to remove anomalies in Finance Bill

Chairman, Federal Board of Revenue (FBR) Shabbar Zaidi has constituted an Anomaly Committee in order to identify and remove the technical and legal anomalies in the Finance Bill 2019. According to an office order issued by the FBR here on Tuesday, the com

Published 19 Jun, 2019 12:00am

WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A

Published 19 Jun, 2019 12:00am

WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A

Published 19 Jun, 2019 12:00am

WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A

Published 19 Jun, 2019 12:00am

ECC likely to impose ban on wheat export

The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet today (Wednesday), is likely to impose ban on export of wheat on the recommendations of Ministry of National Food Security and Research.

Published 19 Jun, 2019 12:00am

ECC likely to impose ban on wheat export

The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet today (Wednesday), is likely to impose ban on export of wheat on the recommendations of Ministry of National Food Security and Research.

Published 19 Jun, 2019 12:00am

ECC likely to impose ban on wheat export

The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet today (Wednesday), is likely to impose ban on export of wheat on the recommendations of Ministry of National Food Security and Research.

Published 19 Jun, 2019 12:00am

Exchange

Probe into debts: Asghar appointed head of commission

The federal cabinet Tuesday gave the go-ahead to appoint Deputy Chairman National Account-ability Bureau (NAB) Hussain Asghar as chairperson of the Commission of Inquiry, Special Assistant to the Prime Minister on Accountability Mirza Shehzad Akbar confir

Published 19 Jun, 2019 12:00am

The Weather

The weather report on Tuesday (June 18, 2019) and the forecast for Wednesday (June 19, 2019).

Published 19 Jun, 2019 12:00am

Exchange

Probe into debts: Asghar appointed head of commission

The federal cabinet Tuesday gave the go-ahead to appoint Deputy Chairman National Account-ability Bureau (NAB) Hussain Asghar as chairperson of the Commission of Inquiry, Special Assistant to the Prime Minister on Accountability Mirza Shehzad Akbar confir

Published 19 Jun, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Army chief among members: PM-led national policymaking body constituted

Prime Mini-ster Imran Khan has constituted a 13-member National Development Council (NDC) also comprising Chief of Army Staff aimed at setting policies and strategies for development and regional cooperation. The Council has been formulated at a time when

Published 19 Jun, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Army chief among members: PM-led national policymaking body constituted

Prime Mini-ster Imran Khan has constituted a 13-member National Development Council (NDC) also comprising Chief of Army Staff aimed at setting policies and strategies for development and regional cooperation. The Council has been formulated at a time when

Published 19 Jun, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 19 Jun, 2019 12:00am

Exchange

KSE-100 Index hit by selling: BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling by local and foreign investors. BRIndex100 lost 53.51 points or 1.45 percent to close at 3,636.47 points on Tuesday. BRIndex100 touched intraday high of 3,691.67 and intraday low of 3,630

Published 19 Jun, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 19 Jun, 2019 12:00am

Exchange

KSE-100 Index hit by selling: BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling by local and foreign investors. BRIndex100 lost 53.51 points or 1.45 percent to close at 3,636.47 points on Tuesday. BRIndex100 touched intraday high of 3,691.67 and intraday low of 3,630

Published 19 Jun, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Exchange

KSE-100 Index hit by selling: BRIndex100 extends losses

A bearish trend continued on Pakistan Stock Exchange due to selling by local and foreign investors. BRIndex100 lost 53.51 points or 1.45 percent to close at 3,636.47 points on Tuesday. BRIndex100 touched intraday high of 3,691.67 and intraday low of 3,630

Published 19 Jun, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 18, 2019)

Published 19 Jun, 2019 12:00am

Rs 319 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked a record Rs 319 billion, including Rs 236 billion for settled areas and Rs 83 billion for development the newly merged tribal districts, under Annual Development (ADP) for financial year 2019-20, showing an

Published 19 Jun, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 319 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked a record Rs 319 billion, including Rs 236 billion for settled areas and Rs 83 billion for development the newly merged tribal districts, under Annual Development (ADP) for financial year 2019-20, showing an

Published 19 Jun, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 319 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked a record Rs 319 billion, including Rs 236 billion for settled areas and Rs 83 billion for development the newly merged tribal districts, under Annual Development (ADP) for financial year 2019-20, showing an

Published 19 Jun, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 319 billion earmarked for ADP

The Khyber Pakhtunkhwa government has earmarked a record Rs 319 billion, including Rs 236 billion for settled areas and Rs 83 billion for development the newly merged tribal districts, under Annual Development (ADP) for financial year 2019-20, showing an

Published 19 Jun, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 27.92 billion supplementary budget unveiled

The Provincial Minister for Finance, Taimur Khan Jhagra, on Tuesday presented a Supple-mentary Budget of Rs 27.925 billion for outgoing financial year 2018-19. Presenting the supplementary budget, the provincial minister said the current revenue expenditu

Published 19 Jun, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 27.92 billion supplementary budget unveiled

The Provincial Minister for Finance, Taimur Khan Jhagra, on Tuesday presented a Supple-mentary Budget of Rs 27.925 billion for outgoing financial year 2018-19. Presenting the supplementary budget, the provincial minister said the current revenue expenditu

Published 19 Jun, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (June 18, 2019).

Published 19 Jun, 2019 12:00am

Rs 27.92 billion supplementary budget unveiled

The Provincial Minister for Finance, Taimur Khan Jhagra, on Tuesday presented a Supple-mentary Budget of Rs 27.925 billion for outgoing financial year 2018-19. Presenting the supplementary budget, the provincial minister said the current revenue expenditu

Published 19 Jun, 2019 12:00am

Currency

THE RUPEE: Firm trend

A kind of stability prevailed on the money market on Tuesday as the rupee gained slightly against the dollar in the process of trading activity, marketmen said.

Published 19 Jun, 2019 12:00am

Rs 27.92 billion supplementary budget unveiled

The Provincial Minister for Finance, Taimur Khan Jhagra, on Tuesday presented a Supple-mentary Budget of Rs 27.925 billion for outgoing financial year 2018-19. Presenting the supplementary budget, the provincial minister said the current revenue expenditu

Published 19 Jun, 2019 12:00am

Currency

THE RUPEE: Firm trend

A kind of stability prevailed on the money market on Tuesday as the rupee gained slightly against the dollar in the process of trading activity, marketmen said.

Published 19 Jun, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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