News Archives for Print - 2019-07-08

Bolsonaro defends child labor in Brazil, sparking outcry

Brazilian President Jair Bolsonaro, no stranger to controversy, sparked a new brouhaha this week by repeatedly defending the practice of child labor. "I've been working since I was eight years old... and today I am what I am," the far-right leader said du

Published 08 Jul, 2019 12:00am

RBS grapples with excess capital conundrum

Just over a decade after fending off insolvency, taxpayer-backed Royal Bank of Scotland is struggling with an unfamiliar dilemma: how to effectively deploy billions of pounds of excess capital on its balance sheet. Years of cost cuts and asset sales have

Published 08 Jul, 2019 12:00am

RBS grapples with excess capital conundrum

Just over a decade after fending off insolvency, taxpayer-backed Royal Bank of Scotland is struggling with an unfamiliar dilemma: how to effectively deploy billions of pounds of excess capital on its balance sheet. Years of cost cuts and asset sales have

Published 08 Jul, 2019 12:00am

Credit Suisse wealth boss quits in pursuit of top job

Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam. Khan's surprise move "to pursue other opportunities" sparked speculation that the 43-year-

Published 08 Jul, 2019 12:00am

Applied Materials to buy Japan's Kokusai

US chip gear maker Applied Materials Inc on Monday agreed to buy Japan's Kokusai Electric for $2.2 billion in cash from investment firm KKR & Co Inc, as it bets on rising demand for memory chips. While a decline in demand from smartphone makers has hurt m

Published 08 Jul, 2019 12:00am

Exchange

DP World acquires Topaz Energy for $1.1 billion

Dubai port and logistics giant DP World said on Monday it has acquired Topaz Energy and Marine, an offshore international vessel and marine logistics company for nearly $1.1 billion. Dubai-based Topaz is a subsidiary of Renaissance, a publicly traded firm

Published 08 Jul, 2019 12:00am

GM's China sales decline for fourth straight quarter

General Motors Co's second-quarter vehicle sales in China fell 12.2%, as the US automaker was hurt by a slowing economy amid the Sino-US trade war and by heightened competition in its key mid-priced SUV segment. GM delivered 753,926 vehicles in China in t

Published 08 Jul, 2019 12:00am

Reliance Group to lease out company headquarters to cut debt

Reliance Group is looking to lease out its headquarters in one of Mumbai's prime suburbs, the telecoms to infrastructure conglomerate said, a move that will help the company to raise funds to pay off debt. Some of the companies under the Reliance Group co

Published 08 Jul, 2019 12:00am

Rio Tinto's Icelandic aluminium plant attracts Glencore

At least three companies including Glencore have expressed an interest in buying Rio Tinto's aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million, banking sources said. Rio Tinto restarted the sale process for the assets in late

Published 08 Jul, 2019 12:00am

INRED to install, operate and maintain 1,000 Wi-Fi hotspots across Colombia

The Colombian Ministry of Telecommunications (Mintic) has selected local services provider INRED to install, operate and maintain 1,000 Wi-Fi hotspots in rural areas around the country as part of the Sustainable Universal Access project. Enabled by SES Ne

Published 08 Jul, 2019 12:00am

Samsung may end up in French court over ethics pledges: NGOs

Samsung Electronics could find itself in the dock in France for not abiding by its own ethics pledges, such as a ban on under-age labour and dangerous working conditions at its factories, two NGOs said on Wednesday.

Published 08 Jul, 2019 12:00am

Vegetable Oil

Total starts production at French biofuel refinery

Total on Wednesday said it had begun producing biofuel at a refinery in southern France, a project that has sparked an outcry from environmentalists and farmers over its plans to import palm oil.

Published 08 Jul, 2019 12:00am

EU okays IBM's $34 billion buyout of Red Hat

The EU's powerful anti-trust authority on Thursday cleared the buyout by IBM of open source software company Red Hat, one of the biggest tech mergers in history which the computing giant said would enhance its cloud offerings.

Published 08 Jul, 2019 12:00am

Varied bedtimes tied to obesity, diabetes, high BP

People who don't consistently get the same amount of sleep or go to bed at the same time each night may be more likely to develop health problems like obesity, high blood pressure, high cholesterol and diabetes, a recent study suggests.

Published 08 Jul, 2019 12:00am

Global warming targets at risk from energy plants' CO2 emissions

Carbon emissions from existing and planned fossil fuel energy plants and projects will exceed the amount needed to curb global warming, jeopardising a 1.5 degree Celsius temperature limit goal, scientists said in a study on Monday.

Published 08 Jul, 2019 12:00am

Antarctic sea ice in dizzying decline since 2014

After mysteriously expanding for decades, Antarctica's sea ice cover melted by an area four times greater than France in just a few years and now stands at a record low, according to a study published on Monday. Scientists already knew Antarctica was thaw

Published 08 Jul, 2019 12:00am

Genes, yes, but obesity pandemic mostly down to diet: study

A three-fold jump since 1975 in the percentage of adults worldwide who are obese has been driven mainly by a shift in diet and lack of exercise, but genes do play a role as well, according a large-scale study published on Thursday.

Published 08 Jul, 2019 12:00am

USA beat Netherlands to retain World Cup

The United States retained the women's World Cup on Sunday as a Megan Rapinoe penalty and a superb Rose Lavelle strike gave the holders a 2-0 victory over a battling Netherlands side in the final in Lyon. Having been kept at bay by the brilliant Dutch goa

Published 08 Jul, 2019 12:00am

Rapinoe wins Golden Ball and Golden Boot

Megan Rapinoe made it a special hat-trick on Sunday as she won Golden Ball and Golden Boot at the women's World Cup after scoring as the United States beat the Netherlands to retain their title. Rapinoe bagged the Golden Boot for top scorer after opening

Published 08 Jul, 2019 12:00am

Marquez wins seventh consecutive German MotoGP

Honda rider Marc Marquez extended his lead at the top of the championship with a seventh consecutive victory at the German MotoGP on Sunday. The 26-year-old Spaniard, who had earlier seen his brother Alex win the Moto2 race, led from start to finish to cr

Published 08 Jul, 2019 12:00am

Pogba included in Manchester United squad

Paul Pogba has been included in Manchester United's squad for their pre-season tour despite the France star's apparent desire to leave the Premier League club. It had been claimed Pogba might refuse to make the trip amid reports the midfielder is keen to

Published 08 Jul, 2019 12:00am

Wimbledon targets Asian fans 'nirvana' with lite app

Wimbledon has unleashed a new lightweight app to try and hook the growing tennis-loving market in Asia, while AI-generated highlights are getting smarter at spotting the most exciting action. The official Wimbledon app is packed with heavy graphics but th

Published 08 Jul, 2019 12:00am

Inaugural YahClick Invitational Golf opens in Karachi

YahClick, the satellite broadband service of UAE-based global satellite operator Yahsat and its partner Hughes Network Systems, held its inaugural YahClick Invitational Golf Tournament on Sunday. Hosted at Karachi Golf Club, the annual tournament brought

Published 08 Jul, 2019 12:00am

Mashrafe takes blame for 'disappointing' World Cup

Bangladesh captain Mashrafe Mortaza Sunday said he regretted his team let down its supporters and that he took responsibility for failing to reach the World Cup final four. "We are definitely disappointed. If some results had gone our way maybe we could h

Published 08 Jul, 2019 12:00am

High-flying Shaheen is future Pakistan star, says Wasim

Pakistan paceman Shaheen Shah Afridi enjoyed a breakthrough World Cup campaign, prompting Wasim Akram to hail the teenager as a future star. The teenager recorded Pakistan's best-ever World Cup bowling figures with a scintillating spell of 6-35 in Friday'

Published 08 Jul, 2019 12:00am

KP CM formally opens Shandor Polo Festival

KP Chief Minister Mahmood Khan formally inaugurated three-day Shandor Polo Festival on Sunday. The concluding ceremony of the festival will be hold on Tuesday (July 9, 2019). Besides, the Special Assistant to Prime Minister on Media, Iftikhar Durrani, Sen

Published 08 Jul, 2019 12:00am

Egypt FA chief quits after shock Cup of Nations exit

The president of the Egyptian Football Association Hani Abou Rida resigned late Saturday and "sacked" his technical team after the hosts' shock elimination from the African Cup of Nations. The decision had been "a moral obligation" said the Egyptian FA in

Published 08 Jul, 2019 12:00am

Madagascar edge DR Congo on penalties to keep dream run alive

Africa Cup of Nations debutants Madagascar kept their remarkable run going on Sunday with a penalty shootout victory over the Democratic Republic of Congo after a 2-2 draw to secure a place in the quarter-finals. Ibrahim Amada's wonder strike put Madagasc

Published 08 Jul, 2019 12:00am

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 08 Jul, 2019 12:00am

Exchange

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (July 2 to 5, 2019).

Published 08 Jul, 2019 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JULY TO DECEMBER 2018)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 08 Jul, 2019 12:00am

The Weather

The weather report on Sunday (July 07, 2019) and the forecast for Monday (July 08, 2019).

Published 08 Jul, 2019 12:00am

Afghan foes meet in bid to secure peace

Dozens of powerful Afghans including bitter rivals met the Taliban in Doha on Sunday, discussing a possible ceasefire and the future of women and minorities after 18 years of conflict. Stakes are high for the talks which follow a week of US-Taliban negoti

Published 08 Jul, 2019 12:00am

Afghan foes meet in bid to secure peace

Dozens of powerful Afghans including bitter rivals met the Taliban in Doha on Sunday, discussing a possible ceasefire and the future of women and minorities after 18 years of conflict. Stakes are high for the talks which follow a week of US-Taliban negoti

Published 08 Jul, 2019 12:00am

Currency

THE RUPEE: modest recovery

The rupee managed to recover some lost ground against the dollar on the back of easy supply of the greenback during the week, ended on July 6, 2019. The rupee managed to gain versus the dollar for buying and selling at Rs 156.80 and Rs 157.00.

Published 08 Jul, 2019 12:00am

Currency

THE RUPEE: modest recovery

The rupee managed to recover some lost ground against the dollar on the back of easy supply of the greenback during the week, ended on July 6, 2019. The rupee managed to gain versus the dollar for buying and selling at Rs 156.80 and Rs 157.00.

Published 08 Jul, 2019 12:00am

Video against facts: judge

Accountability Court Judge Muhammad Arshad Malik on Sunday categorically rejected the allegations levelled against him by Pakistan Muslim League-N (PML-N) Vice President Maryam Safdar, terming the video and audio tapes attributed to him as "fake and based

Published 08 Jul, 2019 12:00am

Video against facts: judge

Accountability Court Judge Muhammad Arshad Malik on Sunday categorically rejected the allegations levelled against him by Pakistan Muslim League-N (PML-N) Vice President Maryam Safdar, terming the video and audio tapes attributed to him as "fake and based

Published 08 Jul, 2019 12:00am

Maryam says judge must have signed press release under compulsion

Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz on Sunday said that "the [accountability court] judge must have signed on an already drafted press release under compulsion." The statement from Maryam came after the accountability judge Ar

Published 08 Jul, 2019 12:00am

Maryam says judge must have signed press release under compulsion

Pakistan Muslim League-Nawaz (PML-N) vice president Maryam Nawaz on Sunday said that "the [accountability court] judge must have signed on an already drafted press release under compulsion." The statement from Maryam came after the accountability judge Ar

Published 08 Jul, 2019 12:00am

PML-N trying to undermine national institutions: Firdous

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said that opposition was trying to create chaos for its personal gains. The ex-rulers were responsible for current price hike as a result of which the whole nati

Published 08 Jul, 2019 12:00am

PML-N trying to undermine national institutions: Firdous

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said that opposition was trying to create chaos for its personal gains. The ex-rulers were responsible for current price hike as a result of which the whole nati

Published 08 Jul, 2019 12:00am

Exchange

Activities remain low

Pakistan Stock Exchange witnessed bullish trend during first three sessions of the outgoing week, however the investors opted for profit taking in the last two days. BRIndex100 gained 36.80 points on week-on-week basis to close at 3,580.44 points. Average

Published 08 Jul, 2019 12:00am

Exchange

Activities remain low

Pakistan Stock Exchange witnessed bullish trend during first three sessions of the outgoing week, however the investors opted for profit taking in the last two days. BRIndex100 gained 36.80 points on week-on-week basis to close at 3,580.44 points. Average

Published 08 Jul, 2019 12:00am

Exchange

Activities remain low

Pakistan Stock Exchange witnessed bullish trend during first three sessions of the outgoing week, however the investors opted for profit taking in the last two days. BRIndex100 gained 36.80 points on week-on-week basis to close at 3,580.44 points. Average

Published 08 Jul, 2019 12:00am

Futures spread up by 513 basis points

The futures spread increased by 513bps to 0.60 percent on the last day of the outgoing week. Trading activities on the futures counter remained low as average daily turnover declined by 60.4 percent to 39.95 million shares. The average daily trading value

Published 08 Jul, 2019 12:00am

Futures spread up by 513 basis points

The futures spread increased by 513bps to 0.60 percent on the last day of the outgoing week. Trading activities on the futures counter remained low as average daily turnover declined by 60.4 percent to 39.95 million shares. The average daily trading value

Published 08 Jul, 2019 12:00am

Commercial and industrial meters: unregistered persons to be issued notices

Federal Board of Revenue (FBR) is going to issue notices to the unregistered persons having commercial and industrial meters of gas and power across the country for broadening of tax base. According to sources, the Broadening of Tax Base (BTB) Zone in Kar

Published 08 Jul, 2019 12:00am

Commercial and industrial meters: unregistered persons to be issued notices

Federal Board of Revenue (FBR) is going to issue notices to the unregistered persons having commercial and industrial meters of gas and power across the country for broadening of tax base. According to sources, the Broadening of Tax Base (BTB) Zone in Kar

Published 08 Jul, 2019 12:00am

Commercial and industrial meters: unregistered persons to be issued notices

Federal Board of Revenue (FBR) is going to issue notices to the unregistered persons having commercial and industrial meters of gas and power across the country for broadening of tax base. According to sources, the Broadening of Tax Base (BTB) Zone in Kar

Published 08 Jul, 2019 12:00am

Karachi traders call off strike after talks with Governor

Traders' action committee called off strike on Sunday after their meeting with Sindh Governor Imran Ismail, here. Aaj News reported that the Governor, who belongs to Pakistan Tehreek-e-Insaf, has assured them to ensure that their grievances would b

Published 08 Jul, 2019 12:00am

Karachi traders call off strike after talks with Governor

Traders' action committee called off strike on Sunday after their meeting with Sindh Governor Imran Ismail, here. Aaj News reported that the Governor, who belongs to Pakistan Tehreek-e-Insaf, has assured them to ensure that their grievances would b

Published 08 Jul, 2019 12:00am

Karachi traders call off strike after talks with Governor

Traders'' action committee called off strike on Sunday after their meeting with Sindh Governor Imran Ismail, here. Aaj News reported that the Governor, who belongs to Pakistan Tehreek-e-Insaf, has assured them to ensure that their grievances would

Published 08 Jul, 2019 12:00am

PM cites Russian novelist to describe 'elitist' economy inherited by PTI

Prime Minister Imran Khan Sunday shared the words of a renowned writer Ayn Rand eerily prescient of Pakistan's economy ruled by corrupt and elitist mindset as inherited by the current government. In her novel "Atlas Shrugged" in 1957, the Russian-American

Published 08 Jul, 2019 12:00am

PM cites Russian novelist to describe 'elitist' economy inherited by PTI

Prime Minister Imran Khan Sunday shared the words of a renowned writer Ayn Rand eerily prescient of Pakistan's economy ruled by corrupt and elitist mindset as inherited by the current government. In her novel "Atlas Shrugged" in 1957, the Russian-American

Published 08 Jul, 2019 12:00am

Fresh clashes in Hong Kong after huge march to China station

Fresh political violence broke out in Hong Kong on Sunday night as riot police baton-charged anti-government protesters seeking to keep the pressure up on the city's pro-Beijing leaders, after a mass rally outside a train station linking the finance hub t

Published 08 Jul, 2019 12:00am

Greek conservatives oust Tsipras in election landslide

Greek Prime Minister Alexis Tsipras admitted defeat Sunday in a general election won handily by the conservative New Democracy party after over four years in opposition, his office said. The result cuts short Tsipras's bid to lead Greece on into the post-

Published 08 Jul, 2019 12:00am

Nawaz ousted for demanding civilian supremacy: Maryam

Pakistan Muslim League-Nawaz (PML-N) Vice President Maryam Nawaz on Sunday said that her father Nawaz Sharif was ousted for demanding civilian supremacy in the country. Addressing a public rally in Mandi Bahauddin despite the government's refusal to give

Published 08 Jul, 2019 12:00am

PM-elect vows to make Greece 'proud' after vote triumph

Greece's conservative prime minister-elect Kyriakos Mitsotakis vowed that the country would "proudly" enter a post-bailout period of "jobs, security and growth" after winning a landslide victory in Sunday's general election. Official results showed Mitsot

Published 08 Jul, 2019 12:00am

DG ISPR condemns biased used of social media

Days after a hashtag calling for the arrest of journalists briefly became top trend on twitter, director general Inter Services Public Relations (ISPR) on Sunday warned against making "sweeping targeted statements or trends" against any individual, profes

Published 08 Jul, 2019 12:00am

DG ISPR condemns biased used of social media

Days after a hashtag calling for the arrest of journalists briefly became top trend on twitter, director general Inter Services Public Relations (ISPR) on Sunday warned against making "sweeping targeted statements or trends" against any individual, profes

Published 08 Jul, 2019 12:00am

Shah Jahan Mirza to be new MD PPIB

The Federal Cabinet has approved appointment of Shah Jahan Mirza as Managing Director Private Power & Infrastructure Board (PPIB) for three years. This was revealed by Secretary Power Division, Irfan Ali while talking to Business Recorder.

Published 08 Jul, 2019 12:00am

Shah Jahan Mirza to be new MD PPIB

The Federal Cabinet has approved appointment of Shah Jahan Mirza as Managing Director Private Power & Infrastructure Board (PPIB) for three years. This was revealed by Secretary Power Division, Irfan Ali while talking to Business Recorder.

Published 08 Jul, 2019 12:00am

Shah Jahan Mirza to be new MD PPIB

The Federal Cabinet has approved appointment of Shah Jahan Mirza as Managing Director Private Power & Infrastructure Board (PPIB) for three years. This was revealed by Secretary Power Division, Irfan Ali while talking to Business Recorder.

Published 08 Jul, 2019 12:00am

Iran defies US pressure, breaches nuclear deal

Iran announced on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, a major breach likely to draw a tougher reaction from President Donald Trump who has pressured Tehran to renegotiate the pact.

Published 08 Jul, 2019 12:00am

Iran defies US pressure, breaches nuclear deal

Iran announced on Sunday it will shortly boost its uranium enrichment above a cap set by a landmark 2015 nuclear deal, a major breach likely to draw a tougher reaction from President Donald Trump who has pressured Tehran to renegotiate the pact.

Published 08 Jul, 2019 12:00am

African leaders launch 'historic' free trade deal

African nations officially launched a landmark trade agreement at the African Union summit in Niger on Sunday, with the long sought-after agreement hailed as a historic step towards "peace and prosperity" across the continent.

Published 08 Jul, 2019 12:00am

African leaders launch 'historic' free trade deal

African nations officially launched a landmark trade agreement at the African Union summit in Niger on Sunday, with the long sought-after agreement hailed as a historic step towards "peace and prosperity" across the continent.

Published 08 Jul, 2019 12:00am

African leaders launch ''historic'' free trade deal

African nations officially launched a landmark trade agreement at the African Union summit in Niger on Sunday, with the long sought-after agreement hailed as a historic step towards "peace and prosperity" across the continent.

Published 08 Jul, 2019 12:00am

US billionaire arrested on sex trafficking charges

A hedge fund billionaire has been arrested on sex trafficking charges in the New York area, after having long been followed by accusations of molesting young girls, US media reported. Jeffrey Epstein, who is expected to appear before a federal magistrate

Published 08 Jul, 2019 12:00am

US billionaire arrested on sex trafficking charges

A hedge fund billionaire has been arrested on sex trafficking charges in the New York area, after having long been followed by accusations of molesting young girls, US media reported. Jeffrey Epstein, who is expected to appear before a federal magistrate

Published 08 Jul, 2019 12:00am

At least 12 dead in Taliban blast in Afghan city

A Taliban car bomb in eastern Afghanistan on Sunday killed at least 12 people and wounded many more - including dozens of children - in a massive blast that came amid ongoing peace talks in Qatar, officials said. The Taliban are meeting with US negotiator

Published 08 Jul, 2019 12:00am

At least 12 dead in Taliban blast in Afghan city

A Taliban car bomb in eastern Afghanistan on Sunday killed at least 12 people and wounded many more - including dozens of children - in a massive blast that came amid ongoing peace talks in Qatar, officials said. The Taliban are meeting with US negotiator

Published 08 Jul, 2019 12:00am

PEMRA sends notices to TV channels

Pakistan Electronic Media Regulatory Authority (PEMRA) has sent show-cause notices to various television channels over the live broadcast of the controversial press conference of Pakistan Muslim League Nawaz (PML-N) vice president Maryam Nawaz. The notice

Published 08 Jul, 2019 12:00am

PEMRA sends notices to TV channels

Pakistan Electronic Media Regulatory Authority (PEMRA) has sent show-cause notices to various television channels over the live broadcast of the controversial press conference of Pakistan Muslim League Nawaz (PML-N) vice president Maryam Nawaz. The notice

Published 08 Jul, 2019 12:00am

CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre

Published 08 Jul, 2019 12:00am

CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre

Published 08 Jul, 2019 12:00am

CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre

Published 08 Jul, 2019 12:00am

Increase in NSS profit rates

The government announced increase in the profit rates of all the National Saving Schemes (NSS) by up to 2.3 percent per annum on 5th July, 2019. However, the new rates will be effective from 1st July, 2019. Profit on Pensioners' Benefit Accounts, Behbood

Updated 08 Jul, 2019 06:30am

Revisiting production orders

It's not unusual in Third World democracies that elected prime ministers try monopolizing state power by sidelining the parliamentary opposition. In this regard, Pakistan is no exception, either. Prime Minister Imran Khan doesn't feel comfortable with inc

Updated 08 Jul, 2019 06:08am

Exchange

Budget shortcomings and the IMF

The same day as the board of directors of the International Monetary Fund (IMF) approved the staff-level agreement, 3 July 2019, a summary of the objectives of the programme and recent economic development and outlook, attributed to David Lipton, IMF's Fi

Published 08 Jul, 2019 12:00am

Pak-Afghan relations

A cricket match at Headingley Cricket Ground in Leeds. Emotions run high in the supporting crowd. And then we see chairs and bottles being hurled. Security police intervening to manage hurling howling, hitting spectators out of the ground. No, it is not a

Published 08 Jul, 2019 12:00am

In drought-hit Delhi, the haves get limitless water, the poor fight for every drop

In this teeming capital city of more than 20 million people, a worsening drought is amplifying the vast inequality between India's rich and poor. The politicians, civil servants and corporate lobbyists who live in substantial houses and apartments in cent

Published 08 Jul, 2019 12:00am

Reward for whistleblowers

Prime Minister Imran Khan has announced that his government would increase the reward for whistleblowers from 3 percent to 10 percent for pointing out Benami properties in the country. He has also said the law provides them 3 percent reward but the govern

Published 08 Jul, 2019 12:00am

Exchange

Manufacturers & sellers: Enablers Pakistan, Amazon hold training series on online business

Enablers Pakistan here on Sunday held a business training series in association with Amazon to facilitate local manufacturers and sellers who are looking to establish an online business or grow their existing business globally using Amazon's e-commerce pl

Published 08 Jul, 2019 12:00am

Torkham border to remain operational round-the-clock

Pak-Afghan border at Torkham will remain operational round the clock from next month to facilitate bilateral and transit trade activities. According to District Administration Khyber, necessary arrangements for this purpose have almost been completed. The

Published 08 Jul, 2019 12:00am

World Bank team, KMC officials discuss KNIP

A World Bank team, Metropolitan Commissioner Dr Syed Saif-ur-Rehman and other officials of Karachi Metropolitan Corporation (KMC) discussed the matters related to projects planned with the coordination of World Bank for Karachi Neighborhood Improvement Pr

Published 08 Jul, 2019 12:00am

World Bank team, KMC officials discuss KNIP

A World Bank team, Metropolitan Commissioner Dr Syed Saif-ur-Rehman and other officials of Karachi Metropolitan Corporation (KMC) discussed the matters related to projects planned with the coordination of World Bank for Karachi Neighborhood Improvement Pr

Published 08 Jul, 2019 12:00am

Protest against new taxes: Peshawar's traders to observe strike on July 13

The business community here announced complete shutter down on July 13 against the imposition of new taxes, increase in price of daily use commodities and documentation for retailers. "We took the decision on a call of Markazi Tanzeem Tajiran Pakistan (MT

Published 08 Jul, 2019 12:00am

All poling stations in NA-205 declared sensitive

The Election Commission of Pakistan (ECP) has declared all poling stations of NA-205 Ghotki as sensitive for by-election to be held on July 18. According to the sources of ECP, a total of 289 polling stations and 869 polling booth would be established in

Published 08 Jul, 2019 12:00am

PPP urges SC to take notice of controversial video

Pakistan People's Party (PPP) Secretary General Nayyar Hussain Bukhari on Sunday said that his party demanded the Supreme Court of Pakistan to take notice of the so-called judge video scandal. The Pakistan Muslim League-Nawaz (PML-N) had released a video

Published 08 Jul, 2019 12:00am

12 foreign firms barred from hiring Pakistani workforce

Bureau of Emigration and Overseas Employment (BEOE) has barred 12 foreign recruiting firms from hiring Pakistani workforce due to non-compliance of employment code, resulting into grave problems for the emigrants. The Bureau, working under the auspices of

Published 08 Jul, 2019 12:00am

ABL partners with 'EasyTickets' to provide online booking services

Allied Bank Limited (ABL) signed an agreement with EasyTickets as its partner to bring online cashless booking of movie, bus and event tickets on myABL Digital Banking platform. An official signing ceremony was held at ABL head office in Lahore. Thos atte

Published 08 Jul, 2019 12:00am

Cotton

WEEKLY COTTON REVIEW: prices show upward trend

The prices of cotton increased by Rs 300 per maund; production of 80 lac bales expected in Punjab. Strike of oil mills will affect the business. Business and industry circles are protesting against imposition of general sales tax. In the local cotton mark

Published 08 Jul, 2019 12:00am

Cotton

WEEKLY COTTON REVIEW: prices show upward trend

The prices of cotton increased by Rs 300 per maund; production of 80 lac bales expected in Punjab. Strike of oil mills will affect the business. Business and industry circles are protesting against imposition of general sales tax. In the local cotton mark

Published 08 Jul, 2019 12:00am

Recovery of tax demand: RTO Faisalabad's Jhang Zone brushes aside LHC order

Lahore High Court (LHC) has stopped the Regional Tax Office, Faisalabad (RTO) for recovery of tax demand vide order dated June 25, 2019 from a taxpayer, but the Jhang Zone of RTO Faisalabad has passed back dated order for recovering of the illegal tax dem

Published 08 Jul, 2019 12:00am

Miranshah girls college converted into judicial complex

In a major setback to girls education to war stricken North Waziristan tribal district, building of the only girls' degree college in Miranshah has been converted into a judicial complex, which has drawn criticism from social circles.

Published 08 Jul, 2019 12:00am

No-trust move against Senate chief to be fizzled out: Firdous

Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Sunday evening said that people will turned down the ill-motives and vote of no confidence against Chairman Senate will be fizzled out. In fact opposition was try

Published 08 Jul, 2019 12:00am

Six killed in a clash over water issue

At least six people were killed and other three got injured in an armed clash in village Satoriani, Dera Ismail Khan on Sunday. According to the local police, the armed clash erupted between the two groups over the turn of water in the area, resulted in i

Published 08 Jul, 2019 12:00am

JI urges CJP to probe into authenticity of video

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has called upon the Chief Justice of Pakistan to constitute a judicial commission to probe into the issue of the alleged video of Accountability Court judge Arshad Malik so that the nation could know the real

Published 08 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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