News Archives for Print - 2019-07-15

England win cricket World Cup after Super Over drama

England won the World Cup for the first time as they beat New Zealand in a dramatic Super Over after a nerve-shredding final ended in a tie at Lord's on Sunday. After Eoin Morgan's side finished on 241 all out in pursuit of New Zealand's 241-8, the final

Published 15 Jul, 2019 12:00am

England win cricket World Cup after Super Over drama

England won the World Cup for the first time as they beat New Zealand in a dramatic Super Over after a nerve-shredding final ended in a tie at Lord's on Sunday. After Eoin Morgan's side finished on 241 all out in pursuit of New Zealand's 241-8, the final

Published 15 Jul, 2019 12:00am

Exchange

Government all set to issue short-term bonds, Sukuks

The PTI government is all set to go for short term Bonds and Sukuks for one year to raise resources from the international market, well-informed sources in Finance Division told Business Recorder. For this purpose, Finance Division will initiate Me

Published 15 Jul, 2019 12:00am

Exchange

Government all set to issue short-term bonds, Sukuks

The PTI government is all set to go for short term Bonds and Sukuks for one year to raise resources from the international market, well-informed sources in Finance Division told Business Recorder. For this purpose, Finance Division will initiate Me

Published 15 Jul, 2019 12:00am

Exchange

Government all set to issue short-term bonds, Sukuks

The PTI government is all set to go for short term Bonds and Sukuks for one year to raise resources from the international market, well-informed sources in Finance Division told Business Recorder. For this purpose, Finance Division will initiate Me

Published 15 Jul, 2019 12:00am

Exchange

Government all set to issue short-term bonds, Sukuks

The PTI government is all set to go for short term Bonds and Sukuks for one year to raise resources from the international market, well-informed sources in Finance Division told Business Recorder. For this purpose, Finance Division will initiate Me

Published 15 Jul, 2019 12:00am

Currency

THE RUPEE: weak trend witnessed

The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for buying and selling at Rs 158.70 and Rs 158.75.

Published 15 Jul, 2019 12:00am

Currency

THE RUPEE: weak trend witnessed

The rupee depreciated against the dollar on the money market during the week, ended on July 13, 2019. The rupee dropped 40 paisas versus the dollar for buying and selling at Rs 158.70 and Rs 158.75.

Published 15 Jul, 2019 12:00am

Kartarpur corridor talks: positive developments seen: FO spokesman

Foreign Office spokesperson Dr Mohammad Faisal has said that Pakistan and India resolved and agreed over 80 percent modalities regarding Kartarpur Corridor. While talking to media after having second round of talks with Indian delegation here on Sunday at

Published 15 Jul, 2019 12:00am

Kartarpur corridor talks: positive developments seen: FO spokesman

Foreign Office spokesperson Dr Mohammad Faisal has said that Pakistan and India resolved and agreed over 80 percent modalities regarding Kartarpur Corridor. While talking to media after having second round of talks with Indian delegation here on Sunday at

Published 15 Jul, 2019 12:00am

Kartarpur corridor talks: positive developments seen: FO spokesman

Foreign Office spokesperson Dr Mohammad Faisal has said that Pakistan and India resolved and agreed over 80 percent modalities regarding Kartarpur Corridor. While talking to media after having second round of talks with Indian delegation here on Sunday at

Published 15 Jul, 2019 12:00am

Kartarpur corridor talks: positive developments seen: FO spokesman

Foreign Office spokesperson Dr Mohammad Faisal has said that Pakistan and India resolved and agreed over 80 percent modalities regarding Kartarpur Corridor. While talking to media after having second round of talks with Indian delegation here on Sunday at

Published 15 Jul, 2019 12:00am

DFID-funded aid projects: Shahbaz, family embezzled millions of pounds: report

The Sharif family, already facing charges of corruption and money laundering, had got a serious blow from the United Kingdom with the British investigators believing that Shahbaz Sharif and his family had embezzled millions of pounds from £ 500 million ai

Published 15 Jul, 2019 12:00am

DFID-funded aid projects: Shahbaz, family embezzled millions of pounds: report

The Sharif family, already facing charges of corruption and money laundering, had got a serious blow from the United Kingdom with the British investigators believing that Shahbaz Sharif and his family had embezzled millions of pounds from £ 500 million ai

Published 15 Jul, 2019 12:00am

PML-N terms allegations baseless

Pakistan Muslim League-Nawaz (PML-N) has termed alleged corruption in the Department International Development (DFID) Fund by former Chief Minister Shahbaz Sharif baseless, saying that news was planted by the Pakistan Tehreek-e-Insaf government. Addressin

Published 15 Jul, 2019 12:00am

PML-N terms allegations baseless

Pakistan Muslim League-Nawaz (PML-N) has termed alleged corruption in the Department International Development (DFID) Fund by former Chief Minister Shahbaz Sharif baseless, saying that news was planted by the Pakistan Tehreek-e-Insaf government. Addressin

Published 15 Jul, 2019 12:00am

World media exposes Shahbaz's 'corruption': Firdous

Special Assi-stant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said that a leading British newspaper, "Daily Mail" has also endorsed Shahbaz Shari's massive corruption and money-laundering. Talking to the media here on Sund

Published 15 Jul, 2019 12:00am

World media exposes Shahbaz's 'corruption': Firdous

Special Assi-stant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said that a leading British newspaper, "Daily Mail" has also endorsed Shahbaz Shari's massive corruption and money-laundering. Talking to the media here on Sund

Published 15 Jul, 2019 12:00am

Enhancing trade & investment: executives of top US firms due tomorrow

A high level delegation of US-Pakistan Business Council (USPBC) comprising over two dozen executives of top American companies is visiting Pakistan for three days (July 16-18), 2019 to explore new areas of cooperation in different fields, official sources

Published 15 Jul, 2019 12:00am

Enhancing trade & investment: executives of top US firms due tomorrow

A high level delegation of US-Pakistan Business Council (USPBC) comprising over two dozen executives of top American companies is visiting Pakistan for three days (July 16-18), 2019 to explore new areas of cooperation in different fields, official sources

Published 15 Jul, 2019 12:00am

Enhancing trade & investment: executives of top US firms due tomorrow

A high level delegation of US-Pakistan Business Council (USPBC) comprising over two dozen executives of top American companies is visiting Pakistan for three days (July 16-18), 2019 to explore new areas of cooperation in different fields, official sources

Published 15 Jul, 2019 12:00am

China drafts plan to make it easier to do business

China has come up with measures to make it easier to do business in the world's second largest economy, from nurturing private enterprises to widening market access, as economic growth slows amid a protracted trade war with the United States. The draft gu

Published 15 Jul, 2019 12:00am

China drafts plan to make it easier to do business

China has come up with measures to make it easier to do business in the world's second largest economy, from nurturing private enterprises to widening market access, as economic growth slows amid a protracted trade war with the United States. The draft gu

Published 15 Jul, 2019 12:00am

China drafts plan to make it easier to do business

China has come up with measures to make it easier to do business in the world''s second largest economy, from nurturing private enterprises to widening market access, as economic growth slows amid a protracted trade war with the United States. The draft g

Published 15 Jul, 2019 12:00am

Exchange

UK envoy said Trump ditched Iran deal to spite Obama: report

Britain's ambassador to Washington believed US President Donald Trump pulled out of the Iran nuclear deal because it was associated with his predecessor Barack Obama, according to leaked documents published Saturday. "The administration is set upon an act

Published 15 Jul, 2019 12:00am

Exchange

UK envoy said Trump ditched Iran deal to spite Obama: report

Britain's ambassador to Washington believed US President Donald Trump pulled out of the Iran nuclear deal because it was associated with his predecessor Barack Obama, according to leaked documents published Saturday. "The administration is set upon an act

Published 15 Jul, 2019 12:00am

Exchange

Equities remain lackluster

Pakistan Stock Exchange remained under pressure during the outgoing week ended July 12, 2019 due to selling in various sectors. BRIndex100 lost 55.01 points on week-on-week basis to close at 3,525.43 points. Average daily trading volumes stood at 46.822 m

Published 15 Jul, 2019 12:00am

Exchange

Equities remain lackluster

Pakistan Stock Exchange remained under pressure during the outgoing week ended July 12, 2019 due to selling in various sectors. BRIndex100 lost 55.01 points on week-on-week basis to close at 3,525.43 points. Average daily trading volumes stood at 46.822 m

Published 15 Jul, 2019 12:00am

Exchange

Equities remain lackluster

Pakistan Stock Exchange remained under pressure during the outgoing week ended July 12, 2019 due to selling in various sectors. BRIndex100 lost 55.01 points on week-on-week basis to close at 3,525.43 points. Average daily trading volumes stood at 46.822 m

Published 15 Jul, 2019 12:00am

World Bank court verdict: Pakistan to safeguard its interests

Pakistan reserves its rights to pursue any and all legal remedies available to it under the International Centre for Settlement of Investment Disputes (ICSID) regime, international law and all other relevant laws to safeguard its interests. Attorney Gener

Published 15 Jul, 2019 12:00am

World Bank court verdict: Pakistan to safeguard its interests

Pakistan reserves its rights to pursue any and all legal remedies available to it under the International Centre for Settlement of Investment Disputes (ICSID) regime, international law and all other relevant laws to safeguard its interests. Attorney Gener

Published 15 Jul, 2019 12:00am

World Bank court verdict: Pakistan to safeguard its interests

Pakistan reserves its rights to pursue any and all legal remedies available to it under the International Centre for Settlement of Investment Disputes (ICSID) regime, international law and all other relevant laws to safeguard its interests. Attorney Gener

Published 15 Jul, 2019 12:00am

Reko Diq case: government pays Rs 1 billion to former British PM's wife

The Gover-nment of Pakistan has paid former British Prime Minister Tony Blair's wife one billion rupees. Thus Barrister Cherie Blair and her team was hired at an exorbitant cost of Rs one billion to fight the case for Pakistan. Furthermore, it was nuclear

Published 15 Jul, 2019 12:00am

Reko Diq case: government pays Rs 1 billion to former British PM's wife

The Gover-nment of Pakistan has paid former British Prime Minister Tony Blair's wife one billion rupees. Thus Barrister Cherie Blair and her team was hired at an exorbitant cost of Rs one billion to fight the case for Pakistan. Furthermore, it was nuclear

Published 15 Jul, 2019 12:00am

Reko Diq case: government pays Rs 1 billion to former British PM''s wife

The Gover-nment of Pakistan has paid former British Prime Minister Tony Blair''s wife one billion rupees. Thus Barrister Cherie Blair and her team was hired at an exorbitant cost of Rs one billion to fight the case for Pakistan. Furthermore, it was nuclea

Published 15 Jul, 2019 12:00am

Exchange

PM to consult aides on upgradation of airports today

Prime Minister Imran Khan has convened a consultative meeting today (Monday) to decide about the up-gradation of the country's airports with modern and designs. An official said that a lot of meetings have been taking place recently for modernising main a

Published 15 Jul, 2019 12:00am

Exchange

PM to consult aides on upgradation of airports today

Prime Minister Imran Khan has convened a consultative meeting today (Monday) to decide about the up-gradation of the country's airports with modern and designs. An official said that a lot of meetings have been taking place recently for modernising main a

Published 15 Jul, 2019 12:00am

Exchange

PM to consult aides on upgradation of airports today

Prime Minister Imran Khan has convened a consultative meeting today (Monday) to decide about the up-gradation of the country''s airports with modern and designs. An official said that a lot of meetings have been taking place recently for modernising main

Published 15 Jul, 2019 12:00am

Journalist hits back at PML-N trolls

British Journalist David Rose Sunday hit back at Pakistan Muslim League-N leaders and fans for terming his news story on alleged embezzlement and money laundering by their party chairman Shahbaz Sharif as 'baseless' and 'propaganda campaign'. In his repor

Published 15 Jul, 2019 12:00am

Journalist hits back at PML-N trolls

British Journalist David Rose Sunday hit back at Pakistan Muslim League-N leaders and fans for terming his news story on alleged embezzlement and money laundering by their party chairman Shahbaz Sharif as 'baseless' and 'propaganda campaign'. In his repor

Published 15 Jul, 2019 12:00am

PAF Base Shahbaz, adjoining areas may be declared as cantonment

The Government is likely to declare PAF Base Shahbaz and its surrounding areas as Jacobabad Cantonment aimed at providing better conditions to the facilities and manpower, sources close to Defence Minister told Business Recorder. Pakistan Air Force

Published 15 Jul, 2019 12:00am

PAF Base Shahbaz, adjoining areas may be declared as cantonment

The Government is likely to declare PAF Base Shahbaz and its surrounding areas as Jacobabad Cantonment aimed at providing better conditions to the facilities and manpower, sources close to Defence Minister told Business Recorder. Pakistan Air Force

Published 15 Jul, 2019 12:00am

Mall clashes at latest Hong Kong anti-extradition march

Riot police and protesters fought running battles in a Hong Kong shopping mall Sunday night as unrest caused by a widely loathed plan to allow extraditions to mainland China showed no sign of abating. Police used pepper spray and batons against small grou

Published 15 Jul, 2019 12:00am

Mall clashes at latest Hong Kong anti-extradition march

Riot police and protesters fought running battles in a Hong Kong shopping mall Sunday night as unrest caused by a widely loathed plan to allow extraditions to mainland China showed no sign of abating. Police used pepper spray and batons against small grou

Published 15 Jul, 2019 12:00am

At least 50 dead in Nepal's monsoon

Floods and landslides caused by torrential monsoon rains have killed at least 50 people across Nepal while dozens more are missing, officials said Sunday. Northeast India has also been hit by floods with 11 deaths recorded as rivers burst their banks. Hea

Published 15 Jul, 2019 12:00am

At least 50 dead in Nepal's monsoon

Floods and landslides caused by torrential monsoon rains have killed at least 50 people across Nepal while dozens more are missing, officials said Sunday. Northeast India has also been hit by floods with 11 deaths recorded as rivers burst their banks. Hea

Published 15 Jul, 2019 12:00am

Paris clashes follow Macron's military parade

French President Emmanuel Macron on Sunday showcased European military cooperation in a Bastille Day parade but the glittering event was tarnished by violent clashes between police and protesters. Key EU leaders, including German Chancellor Angela Merkel

Published 15 Jul, 2019 12:00am

Paris clashes follow Macron's military parade

French President Emmanuel Macron on Sunday showcased European military cooperation in a Bastille Day parade but the glittering event was tarnished by violent clashes between police and protesters. Key EU leaders, including German Chancellor Angela Merkel

Published 15 Jul, 2019 12:00am

Suspension of ST registration: order is not a question of law but of facts, rules LHC

Lahore High Court (LHC) has ruled that order for suspension of sales tax registration under the Sales Tax Act, 1990 is not a question of law but of facts. Sales tax appeals filed by Federal Board of Revenue have been dismissed by the LHC. It is reliably l

Published 15 Jul, 2019 12:00am

Suspension of ST registration: order is not a question of law but of facts, rules LHC

Lahore High Court (LHC) has ruled that order for suspension of sales tax registration under the Sales Tax Act, 1990 is not a question of law but of facts. Sales tax appeals filed by Federal Board of Revenue have been dismissed by the LHC. It is reliably l

Published 15 Jul, 2019 12:00am

Suspension of ST registration: order is not a question of law but of facts, rules LHC

Lahore High Court (LHC) has ruled that order for suspension of sales tax registration under the Sales Tax Act, 1990 is not a question of law but of facts. Sales tax appeals filed by Federal Board of Revenue have been dismissed by the LHC. It is reliably l

Published 15 Jul, 2019 12:00am

7.3-magnitude quake hits remote Malukus in eastern Indonesia

A major 7.3-magnitude earthquake hit the remote Maluku islands in eastern Indonesia Sunday, sending panicked residents running into the streets, but no tsunami warning was issued. The shallow quake struck about 165 kilometres (100 miles) south-southwest o

Published 15 Jul, 2019 12:00am

7.3-magnitude quake hits remote Malukus in eastern Indonesia

A major 7.3-magnitude earthquake hit the remote Maluku islands in eastern Indonesia Sunday, sending panicked residents running into the streets, but no tsunami warning was issued. The shallow quake struck about 165 kilometres (100 miles) south-southwest o

Published 15 Jul, 2019 12:00am

Exchange

Fatal misperceptions

A briefing on the economy, presided over by the State Bank Governor, Dr Reza Baqir, was held in Karachi on 9th July to explain the fiscal and current account situation, exchange rate policy, inflation, IMF programme, the FATF challenge and investment in g

Updated 15 Jul, 2019 06:24am

Media under attack

On July 9, 2019, the federal cabinet 'decided' under-trial prisoners or convicted felons would not be allowed to give interviews on Television. Announcing this to the media after the cabinet meeting, Federal Education Minister Shafqat Mahmood trotted out

Updated 15 Jul, 2019 06:32am

Exchange

IMF programme design and public

The uploading of the International Monetary Fund (IMF) staff report on its website this week past highlights two major thrusts of the thirty nine-month Extended Fund Facility (EFF) that are not in conformity with past programmes and whose impact is being

Published 15 Jul, 2019 12:00am

Re-develop, re-visit and re-set Pak-US ties

In politics one week is long. In geo-politics one year is short. It only seems yesterday that a fierce twitter war between President Trump and Prime Minister Imran Khan seemed to have put the US-Pak relationship on a cease talk ground. But a few months la

Published 15 Jul, 2019 12:00am

Trump's favourite parts of US economy are also the weakest

At rallies and whistle-stop campaign tours, President Donald Trump proclaims a renaissance in US factories rebuilding the nation with "American steel," "American heart" and "American hands." But in reality, despite his relentless use of punitive tariffs t

Published 15 Jul, 2019 12:00am

Exchange

Adding insult to the injury

Recently, Prime Minister Imran Khan 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-Ameri

Published 15 Jul, 2019 12:00am

KP seeks FBR's assistance in tuning tax system for raising revenue

KP Minister for Finance, Taimur Saleem Jhagra, has said that Khyber Pakhtunkhwa would utilize the experiences and reforms of the Federal Board of Revenue (FBR) for increase in revenue, further tuning of the tax system and guaranteeing socio-economic uplif

Published 15 Jul, 2019 12:00am

KP to establish charities' registration, regulation commission

The provincial government of Khyber Pakhtunkhwa is going to establish a commission to register and regulate charities and collection of charitable funds in the province. A bill for the establishment of a regulator for the charities in the province was tab

Published 15 Jul, 2019 12:00am

Anti-polio campaign begins in KP today

A three day anti-polio campaign will begin in high-risk Malakand and Hazara division of Khyber Pakhtunkhwa from today (Monday). Over 0.6 million children below age of five will be vaccinated polio drops in Malakand and Hazara division after reporting of c

Published 15 Jul, 2019 12:00am

CM assures LBA of resolving issues on priority

Punjab Chief Minister Sardar Usman Buzdar has assured that issues faced by the Lahore Bar Association (LBA) would be resolved on priority basis. The chief minister made the assurance while talking to President LBA Asim Cheema who called on him here on Sun

Published 15 Jul, 2019 12:00am

Shoaib Siddiqui new secretary IT & Telecom Division

The federal government has appointed Shoaib Ahmad Siddiqui, as Secretary Information Technology and Telecommunication Division. According to a notification issued by the by the Cabinet Secretariat/Establishment Division, the federal government has appoint

Published 15 Jul, 2019 12:00am

'Traders successful strike proves public mistrust in government'

Qaumi Watan Party (QWP) Chairman, Aftab Ahmad Khan Sherpao said on Sunday that the successful traders strike was proved mistrust on poor economic policies of the incumbent PTI led government. In a press statement issued here by Watan Kor, QWP leader said

Published 15 Jul, 2019 12:00am

Moot on SDGs held at Peshawar university

The three day conference on Sustainable Development Goals (SDGs) held in Bara Gali Summer Camp at the University of Peshawar. The conference was aimed at providing future challenges to the youth of the province, the organizer of the Conference was the lea

Published 15 Jul, 2019 12:00am

'International Youth Skills Day' today

Like other parts of the globe, 'International Youth Skills Day' is being marked here today (July 15) with a resolve to equip the country's youth with modern and employable skills in order to ensure sustained socio-economic growth of the nation. To mark th

Published 15 Jul, 2019 12:00am

Cotton

Need stressed for free access to US markets

Business community Sunday hoped that Prime Minister Imran Khan's upcoming visit to United States of America (USA) would bring both the countries closer and help exploring new venues for mutual cooperation besides seeking direct access to American markets

Published 15 Jul, 2019 12:00am

SU reopens today

The University of Sindh (SU) is going to open from July 15 (today) after the summer vacation is over. According to SU spokesman, regular classes for morning and evening programmes at all teaching centres, institutes and departments will commence from July

Published 15 Jul, 2019 12:00am

LLB exams fee date extended

The controller of examinations, Sindh University Jamshoro Muhammad Ali Roshan Pathan has extended the date for depositing semester examination fees of LLB (Hons) regular and failure students up to July 23, 2019 without any late fee at public and private a

Published 15 Jul, 2019 12:00am

Nine held on street crime & theft charges

Pakistan Rangers (Sindh) on Sunday claimed to have arrested nine accused in raids which they conducted in the city. A spokesman of the paramilitary Rangers said that six accused were nabbed from Ferozabad. They were allegedly involved in street crimes/rob

Published 15 Jul, 2019 12:00am

Over 3,400 appear in KU test for admissions to PhD, MPhil, MS, MD

Over 3,400 candidates appeared in the written admission test of the University of Karachi on Sunday. The admission forms were collected till June 28, while as many as 3,803 entry test forms were received against the total 2,028 available seats in differen

Published 15 Jul, 2019 12:00am

FPCCI hails decision of constructing expo centre in Faisalabad

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engineer Daroo Khan Achakzai Sunday hailed the announcement of Advisor to Prime Minister on Commerce Abdul Razak Dawood for constructing state of the art Faisalabad Expo Center

Published 15 Jul, 2019 12:00am

KP to get technical help for improving PFM

The Khyber Pakhtunkhwa would receive technical assistance to bring improvement in Public Financial Management (PFM) under KP Revenue Mobilization and Resource Management Programme, said the White Paper on budget for financial year 2019-20. It said that un

Published 15 Jul, 2019 12:00am

Heavy rain inundates low-lying areas of KP, Punjab

Intermittent heavy rain in parts of the country has inundated low-lying areas on Sunday. Weather turned pleasant after rain lashed Lahore, Gujranwala, Gujrat, Pattoki, Mandi Bahauddin, Sheikhupura, Narowal and Daska. The current monsoon spell also relieve

Published 15 Jul, 2019 12:00am

APHC voices concern over Indian judiciary's biased role

All Parties Hurriyat Conference (APHC), in Indian Held Kashmir, Sunday said that illegally detained Kashmiris are kept in Indian jails, thousands of miles away from their homes and are forced to face biased and communal jail staff. The APHC in a statement

Published 15 Jul, 2019 12:00am

Business community accuses FPCCI of playing role of silent spectator

The Business circles condemned the silent mode of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on continues traders protest and termed it unjustified behavior of the country apex trade body. Secretary General (Federal) of the Busin

Published 15 Jul, 2019 12:00am

Opposition parties not capable of removing Sanate chief: CM

Punjab Chief Minister Sardar Usman Buzdar said on Sunday the opposition parties did not have the capability to remove senate chairman from his post and they would lose badly in their movement of no-confidence against Sadiq Sanjrani. The chief minister sai

Published 15 Jul, 2019 12:00am

'Ten Sports is an international channel built for Pakistan' an interview with Aly Rana-Tower Sports Pakistan

Aly Rana joined Tower Sports (Pvt.) Limited in July 2018. Prior to joining Tower, Aly was a director with Mashreq Bank in Dubai where he was responsible for creating Mashreq bank's real estate investment funds. Prior to Mashreq, Aly was the Vice President

Published 15 Jul, 2019 12:00am

'Ten Sports is an international channel built for Pakistan' an interview with Aly Rana-Tower Sports Pakistan

Aly Rana joined Tower Sports (Pvt.) Limited in July 2018. Prior to joining Tower, Aly was a director with Mashreq Bank in Dubai where he was responsible for creating Mashreq bank's real estate investment funds. Prior to Mashreq, Aly was the Vice President

Published 15 Jul, 2019 12:00am

PRCS highlights causes of depression

An enthusiastic group of volunteers of Pakistan Red Crescent Society (PRCS) held a demonstration on the root causes of depression and anxiety amongst the youth in front of the National Press Club on Sunday. "We have planned this activity as part of an awa

Published 15 Jul, 2019 12:00am

PHEC installs free-Wi-Fi in 63 universities, hostels

With an aim to provide hassle-free environment for better studies, the Punjab Higher Education Commission (PHEC) with the assistance of a technology company has completed installation of free-Wi-Fi at 63 public and private sector universities.

Published 15 Jul, 2019 12:00am

Siraj accuses govt of patronising sugar and medicines mafia

Chief of Jamaat-e-Islami, Senator Sirajul Haq, warned the government the government that furious public crowds could march to their palaces and besiege them if rulers did not mend their ways and listen to the people. "At present, the masses are only stagi

Published 15 Jul, 2019 12:00am

BISE Lahore announces SSC exams results

The Board of Intermediate and Secondary Education (BISE) Lahore on Sunday unveiled names of Students who grabbed top positions in the Secondary School Certificate (SSC) annual examination 2019. The overall first position was taken by Danish Tahir S/o Atha

Published 15 Jul, 2019 12:00am

Exchange

WEEKLY COTTON REVIEW: Cotton prices remain stable

The. The arrival of Phutti increased. Bearish trend was seen in international cotton market. The business was affected due to the imposition of sales tax on cotton, textile products, and on Khal. In the local cotton market during the last week textile and

Published 15 Jul, 2019 12:00am

Exchange

WEEKLY COTTON REVIEW: Cotton prices remain stable

The. The arrival of Phutti increased. Bearish trend was seen in international cotton market. The business was affected due to the imposition of sales tax on cotton, textile products, and on Khal. In the local cotton market during the last week textile and

Published 15 Jul, 2019 12:00am

Sumsam accuses Shahbaz of indulging in money laundering

Referring to an international newspaper report regarding Shahbaz Sharif, Punjab Information Minister Syed Sumsam Ali Bukhari said that the real face of self-proclaimed Khadim-e-Aala Punjab was now getting exposed blatantly. He said that the viewpoint of P

Published 15 Jul, 2019 12:00am

Erdogan says Trump can waive sanctions on Turkey

US President Donald Trump has the authority to waive sanctions on Turkey for its purchase of Russian air defence systems and should find a "middle ground" in the dispute, President Tayyip Erdogan was quoted as saying on Sunday. Erdogan's comments came two

Published 15 Jul, 2019 12:00am

Canada says another citizen detained in China amid row

China detained another Canadian citizen amid sour relations between the two countries, Canada's foreign ministry said on Saturday, though the reason for the jailing remains unclear. "Global Affairs Canada is aware of the detention of a Canadian citizen in

Published 15 Jul, 2019 12:00am

Rockets kill 6 civilians in Syria's Aleppo

Rockets fired by jihadists Sunday killed six civilians and wounded eight others in the government-held northern city of Aleppo, state news agency SANA reported. It said two neighbourhoods were struck in the "terrorist rocket attack" and that one rocket hi

Published 15 Jul, 2019 12:00am

Qatar opens biggest coast guard base

Qatar inaugurated its largest coast guard base Sunday as a standoff between Iran and the United States continues to boost tensions in strategic Gulf waters. Prime Minister Abdullah bin Nasser bin Khalifa Al-Thani and commander of US Naval Forces in the Mi

Published 15 Jul, 2019 12:00am

Small-aircraft crash kills nine in Sweden

Nine people died Sunday when a small aircraft being used for tourism crashed in northwest Sweden, the regional authority said. "The nine people on board are dead," Gabriella Bandling, spokeswoman for the Vaesterbotten region, told AFP. She did not say who

Published 15 Jul, 2019 12:00am

Trump tells Congresswomen to 'go back' where they're from

US President Donald Trump on Sunday told unnamed Democratic Congresswomen to "go back" where they came from, prompting senior members of the party to brand him a "racist" and a xenophobe. It is the latest controversial comment by Trump, who last year repo

Published 15 Jul, 2019 12:00am

Opposition figures arrested during Moscow vote demonstration

Allies of Russian opposition leader Alexei Navalny were arrested Sunday during a protest in Moscow to demand their names be included on the ballot for local elections in September. Around a dozen people, including three organisers close to Navalny, were d

Published 15 Jul, 2019 12:00am

Sudan paramilitaries shoot dead civilian

Members of a feared Sudanese paramilitary force shot dead a civilian Sunday in a town southeast of the capital as angry residents protested against the paramilitaries, witnesses and doctors said. The incident occurred in El-Souk in the state of Sinnar whe

Published 15 Jul, 2019 12:00am

US warnings of heavy rain, tornadoes from weakening storm Barry

Tropical Storm Barry buffeted the US state of Louisiana on Sunday, bringing more heavy rain and possible tornadoes to the region even as it weakened. After briefly becoming the first hurricane of the Atlantic season, Barry was downgraded to a tropical sto

Published 15 Jul, 2019 12:00am

Strong 6.6 quake hits off northwest Australia

A strong 6.6-magnitude earthquake struck off northwest Australia Sunday, shaking buildings over a wide area but causing no immediate reports of damage or injuries. The shallow quake hit early Sunday afternoon 10 kilometres under the Indian Ocean 203 kilom

Published 15 Jul, 2019 12:00am

Israeli city ends park ban seen racist by Arab citizens

An Israeli city will end a selective closure at one of its parks that Arab citizens said was a racist policy meant to keep them out after a court decision Sunday. The northern city of Afula had decided to keep the park open only to its residents during th

Published 15 Jul, 2019 12:00am

Wall Street week ahead: Union Pacific, other freight company earnings eyed for tariff effects

Results from two major US railroads next week are likely to attract more scrutiny than usual as investors look for signs of how deeply US President Donald Trump's multi-front trade war is affecting freight companies and the wider economy. Among those repo

Published 15 Jul, 2019 12:00am

Sovereign investors shun Europe for Asia, emerging markets

Nearly three times as many sovereign investors plan to raise exposure to emerging markets rather than Europe this year as the continent's attraction wanes due to slowing economic growth and rising political risk, a study by asset manager Invesco showed. E

Published 15 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.17
USD PKR Interbank Buying / Mar 7	279.97
USD to Japanese Yen / Mar 7	148.06
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 7	5,746.85
India Sensex / Mar 7	74,332.58
Tokyo Nikkei / Mar 7	36,887.17
Nasdaq / Mar 7	18,211.25
Hang Seng / Mar 7	24,231.30
FTSE 100 / Mar 7	8,679.88
Dow Jones / Mar 7	42,829.44
Germany DAX 30 / Mar 7	23,008.94
France CAC40 / Mar 7	8,120.80

Item	Value
Crude Oil USD/Barrel / Mar 7	67.03
Karachi Cotton PKR/37.32 KG / Mar 7	17,585
Gold 10 Grams PKR / Mar 7	263,203
Gold Spot USD/Ounce / Mar 7	2,916.80
Cotton US¢/pound / Mar 7	66.07
Petrol/Litre / Mar 9	255.63
Diesel/Litre / Mar 9	258.64

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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