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Print - 2019-07-18
Senate chairman: opposition set to withdraw no-confidence motion?

Senate chairman: opposition set to withdraw no-confidence motion?

In an unexpected twist to the turn of events involving joint opposition's no-trust motion against Senate Chairman Sadiq Sanjrani, Leader of the Opposition in Senate Raja Zafar-ul-Haq held a low-key meeting with the chairman Senate on Wednesday amidst spec
Published 18 Jul, 2019 12:00am
Pakistan's decision of reopening airspace hailed by Afghan leader

Pakistan's decision of reopening airspace hailed by Afghan leader

Afghan Chief Executive Dr Abdullah Abdullah has welcomed Pakistan's decision to reopen its airspace to all commercial flights, on Wednesday. In a tweet, Abdullah wrote that the air connectivity and affordable airfare played an important role in South Asia
Published 18 Jul, 2019 12:00am
Terror financing case: CTD arrests Hafiz Saeed under NAP

Terror financing case: CTD arrests Hafiz Saeed under NAP

The Counter-Terrorism Department (CTD) Punjab on Wednesday arrested Jamaat-ud-Dawa chief Hafiz Muhammad Saeed as he was going to Gujranwala to seek bail from an anti-terrorism court (ATC) in a terror financing case.
Published 18 Jul, 2019 12:00am
LHC dismisses bail petition of Shahid Rafiq
Exchange

LHC dismisses bail petition of Shahid Rafiq

The Lahore High Court (LHC) on Wednesday dismissed bail petition of Shahid Rafiq, an alleged front man of leader of the opposition in the Punjab Assembly Hamza Shehbaz, in a money laundering case. The defended counsel contended before the court that his c
Published 18 Jul, 2019 12:00am
PTCL Group's H1 revenue of 2019 up by nine percent
Exchange

PTCL Group's H1 revenue of 2019 up by nine percent

Pakistan Telecommunication Company Limited (PTCL) Group's revenue for the 1st half of 2019 has grown year on year (YoY) by 9 percent to Rs 66.3 billion compared to Rs 60.7 billion. However, PTCL revenue of Rs 35.8 billion for the half-year is lower than l
Published 18 Jul, 2019 12:00am
Zardari has nothing to do with benami properties: Chandio

Zardari has nothing to do with benami properties: Chandio

Senator Moula Bux Chandio of Pakistan Peoples Party (PPP) has said that there is no relation of party Co-Chairman Asif Ali Zardari with undocumented / benami properties. He expressed these views during a press conference here on Wednesday along with Nazir
Published 18 Jul, 2019 12:00am
Section 144 imposed for two months in capital

Section 144 imposed for two months in capital

Local administration on Wednesday imposed section 144 in the Islamabad Capital Territory (ICT) and banned use of loudspeakers, amplifiers and sound systems, except for Azaan (Islamic call to worship) and Friday sermons, for a period of two months.
Published 18 Jul, 2019 12:00am
Government must ease overseas Pakistanis' concerns
Exchange

Government must ease overseas Pakistanis' concerns

Ever-since announcement of budget 2019-20, followed by short announcements, press briefs and publications from time to time, various confusions horizoned over minds of overseas Pakistanis, as tax-net applicable on them must differentiate from citizens of
Published 18 Jul, 2019 12:00am
New EU chief faces battle for stable majority

New EU chief faces battle for stable majority

EU president-elect Ursula von der Leyen may have won a narrow majority in the European Parliament, but to lead the divided bloc she must build a stable support base. The outgoing German defence minister will not take office until November, but she already
Published 18 Jul, 2019 12:00am
Towards self-reliant defence capability
Exchange

Towards self-reliant defence capability

It is reassuring to hear Governor State Bank proclaim, every opportunity he gets, that things are getting better. He also wasted little time in pronouncing 'economic stability' soon as the IMF Board approved the programme.
Published 18 Jul, 2019 12:00am
AJK village calamity

AJK village calamity

Flash floods triggered by heavy rains caused an appalling loss of life and assets in a small village of AJK's Neelam Valley on Monday. According to press reports, at least 24 people, 18 of them young persons, who had come all the way from Faisalabad to st
Updated 18 Jul, 2019 06:22am
100bps hike in policy rate
Exchange

100bps hike in policy rate

In its meeting held on 16th July, 2019, the Monetary Policy Committee (MPC) of the State Bank again decided to raise the policy rate by another 100 basis points (bps) to 13.25 percent per annum for the next two months. According to the Monetary Policy Sta
Updated 18 Jul, 2019 06:19am
Trump hails arrest of Hafiz Saeed

Trump hails arrest of Hafiz Saeed

US President Donald Trump on Wednesday hailed the arrest in Pakistan of the firebrand cleric believed to be the mastermind of the deadly 2008 Mumbai attacks, who had been declared a global terrorist by Washington. Hafiz Saeed - who had a $10 million US bo
Published 18 Jul, 2019 12:00am
Trump hails arrest of Hafiz Saeed

Trump hails arrest of Hafiz Saeed

US President Donald Trump on Wednesday hailed the arrest in Pakistan of the firebrand cleric believed to be the mastermind of the deadly 2008 Mumbai attacks, who had been declared a global terrorist by Washington. Hafiz Saeed - who had a $10 million US bo
Published 18 Jul, 2019 12:00am
PTI says critical media coverage may be 'treason'

PTI says critical media coverage may be 'treason'

The ruling party of Pakistan Prime Minister Imran Khan has launched another blistering attack on the press, linking critical coverage to potential "treason" in the latest broadside against the beleaguered media. The official account of the Pakistan Tehree
Published 18 Jul, 2019 12:00am
PTI says critical media coverage may be 'treason'

PTI says critical media coverage may be 'treason'

The ruling party of Pakistan Prime Minister Imran Khan has launched another blistering attack on the press, linking critical coverage to potential "treason" in the latest broadside against the beleaguered media. The official account of the Pakistan Tehree
Published 18 Jul, 2019 12:00am
CoAS, PM discuss US visit

CoAS, PM discuss US visit

Chief of Army Staff (CoAS) General Qamar Javed Bajwa called on Prime Minister Imran Khan on Wednesday wherein the PM's upcoming visit to US especially deliberated upon. According to sources, the meet-up was held at the Prime Minister House wherein the pre
Published 18 Jul, 2019 12:00am
CoAS, PM discuss US visit

CoAS, PM discuss US visit

Chief of Army Staff (CoAS) General Qamar Javed Bajwa called on Prime Minister Imran Khan on Wednesday wherein the PM's upcoming visit to US especially deliberated upon. According to sources, the meet-up was held at the Prime Minister House wherein the pre
Published 18 Jul, 2019 12:00am
US Fed sees 'modest' growth despite 'widespread' trade fears

US Fed sees 'modest' growth despite 'widespread' trade fears

Fears President Donald Trump's trade wars will harm the economy are pervasive but for now America keeps chugging along with steady job creation and tame inflation, the Federal Reserve reported Wednesday. Worries about the trade outlook are likely to weigh
Published 18 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
SBP asks banks to provide special assistance to PEPs

SBP asks banks to provide special assistance to PEPs

The State Bank of Pakistan (SBP) has directed banks to provide special assistance to Politically Exposed Persons (PEPs) and ensure opening of their bank account within two working days, after meeting all due diligence requirements. In order to ensure fair
Published 18 Jul, 2019 12:00am
LNG contract case: NAB summons ex-PM Khaqan today

LNG contract case: NAB summons ex-PM Khaqan today

National Accountability Bureau (NAB) has summoned former prime minister Shahid Khaqan Abbasi today (Thursday) in connection with alleged corruption in liquefied natural gas (LNG) contract. An official source said that NAB''''s combined investigation team
Published 18 Jul, 2019 12:00am
LNG contract case: NAB summons ex-PM Khaqan today

LNG contract case: NAB summons ex-PM Khaqan today

National Accountability Bureau (NAB) has summoned former prime minister Shahid Khaqan Abbasi today (Thursday) in connection with alleged corruption in liquefied natural gas (LNG) contract. An official source said that NAB''s combined investigation team (C
Published 18 Jul, 2019 12:00am
LNG contract case: NAB summons ex-PM Khaqan today

LNG contract case: NAB summons ex-PM Khaqan today

National Accountability Bureau (NAB) has summoned former prime minister Shahid Khaqan Abbasi today (Thursday) in connection with alleged corruption in liquefied natural gas (LNG) contract. An official source said that NAB's combined investigation team (CI
Published 18 Jul, 2019 12:00am
LNG contract case: NAB summons ex-PM Khaqan today

LNG contract case: NAB summons ex-PM Khaqan today

National Accountability Bureau (NAB) has summoned former prime minister Shahid Khaqan Abbasi today (Thursday) in connection with alleged corruption in liquefied natural gas (LNG) contract. An official source said that NAB's combined investigation team (CI
Published 18 Jul, 2019 12:00am
Turkish diplomat shot dead in Iraq's Arbil

Turkish diplomat shot dead in Iraq's Arbil

The Turkish vice consul to Iraq's autonomous Kurdish region was among at least two people shot dead Wednesday in the regional capital Arbil, prompting pledges of "retaliation" from Ankara. No group has claimed responsibility for the attack so far, but Tur
Published 18 Jul, 2019 12:00am
Turkish diplomat shot dead in Iraq's Arbil

Turkish diplomat shot dead in Iraq's Arbil

The Turkish vice consul to Iraq's autonomous Kurdish region was among at least two people shot dead Wednesday in the regional capital Arbil, prompting pledges of "retaliation" from Ankara. No group has claimed responsibility for the attack so far, but Tur
Published 18 Jul, 2019 12:00am
Former judge: FIA arrests Mian Tariq for making controversial video

Former judge: FIA arrests Mian Tariq for making controversial video

Federal Investigation Agency (FIA) has arrested Mian Tariq for allegedly making a controversial video of former Accountability Court Judge Muhammad Arshad Malik, who was relieved from his duties following his alleged involvement in the video scandal.
Published 18 Jul, 2019 12:00am
Former judge: FIA arrests Mian Tariq for making controversial video

Former judge: FIA arrests Mian Tariq for making controversial video

Federal Investigation Agency (FIA) has arrested Mian Tariq for allegedly making a controversial video of former Accountability Court Judge Muhammad Arshad Malik, who was relieved from his duties following his alleged involvement in the video scandal.
Published 18 Jul, 2019 12:00am
Current account deficit down 32 percent in FY19
Exchange

Current account deficit down 32 percent in FY19

The country''s current account deficit narrowed substantially by 32 percent during the last fiscal year (FY19) supported by a significant decline in goods and services import bill. The State Bank of Pakistan (SBP) Wednesday reported that the country''s cu
Published 18 Jul, 2019 12:00am
Current account deficit down 32 percent in FY19
Exchange

Current account deficit down 32 percent in FY19

The country's current account deficit narrowed substantially by 32 percent during the last fiscal year (FY19) supported by a significant decline in goods and services import bill. The State Bank of Pakistan (SBP) Wednesday reported that the country's curr
Published 18 Jul, 2019 12:00am
Current account deficit down 32 percent in FY19
Exchange

Current account deficit down 32 percent in FY19

The country's current account deficit narrowed substantially by 32 percent during the last fiscal year (FY19) supported by a significant decline in goods and services import bill. The State Bank of Pakistan (SBP) Wednesday reported that the country's curr
Published 18 Jul, 2019 12:00am
Huawei to invest $100 million

Huawei to invest $100 million

Vice President of Chinese Huawei Group Mark Xueman has said that Huawei would invest $100 million in Pakistan this year and would also set up its regional headquarters at the cost of $ 55 million. "Pakistan is a strategic market and the company will inves
Published 18 Jul, 2019 12:00am
Huawei to invest $100 million

Huawei to invest $100 million

Vice President of Chinese Huawei Group Mark Xueman has said that Huawei would invest $100 million in Pakistan this year and would also set up its regional headquarters at the cost of $ 55 million. "Pakistan is a strategic market and the company will inves
Published 18 Jul, 2019 12:00am
Huawei to invest $100 million

Huawei to invest $100 million

Vice President of Chinese Huawei Group Mark Xueman has said that Huawei would invest $100 million in Pakistan this year and would also set up its regional headquarters at the cost of $ 55 million. "Pakistan is a strategic market and the company will inves
Published 18 Jul, 2019 12:00am
The Weather

The Weather

The weather report on Wednesday (July 17, 2019) and the forecast for Thursday (July 18, 2019).

Published 18 Jul, 2019 12:00am
Ban imposed on export of wheat, wheat flour

Ban imposed on export of wheat, wheat flour

The Economic Coordination Committee (ECC) of the Cabinet has imposed a ban on export of wheat and wheat flour following increase in price of bread ''Roti'' and sought suggestions to control increase in Roti and other wheat products'' prices in local marke
Published 18 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
Ban imposed on export of wheat, wheat flour

Ban imposed on export of wheat, wheat flour

The Economic Coordination Committee (ECC) of the Cabinet has imposed a ban on export of wheat and wheat flour following increase in price of bread 'Roti' and sought suggestions to control increase in Roti and other wheat products' prices in local market.
Published 18 Jul, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
Ban imposed on export of wheat, wheat flour

Ban imposed on export of wheat, wheat flour

The Economic Coordination Committee (ECC) of the Cabinet has imposed a ban on export of wheat and wheat flour following increase in price of bread 'Roti' and sought suggestions to control increase in Roti and other wheat products' prices in local market.
Published 18 Jul, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 17, 2019)

Published 18 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
Steps being taken to end corruption within FBR: PM

Steps being taken to end corruption within FBR: PM

Prime Minister Imran Khan on Wednesday said that the government is taking measures to bring every potential person into the tax system, introduce reforms in the Federal Board of Revenue (FBR), bring automaton in tax machinery and end massive corruption wi
Published 18 Jul, 2019 12:00am
Steps being taken to end corruption within FBR: PM

Steps being taken to end corruption within FBR: PM

Prime Minister Imran Khan on Wednesday said that the government is taking measures to bring every potential person into the tax system, introduce reforms in the Federal Board of Revenue (FBR), bring automaton in tax machinery and end massive corruption wi
Published 18 Jul, 2019 12:00am
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

An apparent recovery was witnessed in the value of the rupee against the dollar on the money market on Wednesday in the process of trading activity, marketmen said. Just after the Pakistan State Bank's (SBP) decision in which it raised its main policy rat
Published 18 Jul, 2019 12:00am
Steps being taken to end corruption within FBR: PM

Steps being taken to end corruption within FBR: PM

Prime Minister Imran Khan on Wednesday said that the government is taking measures to bring every potential person into the tax system, introduce reforms in the Federal Board of Revenue (FBR), bring automaton in tax machinery and end massive corruption wi
Published 18 Jul, 2019 12:00am
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

An apparent recovery was witnessed in the value of the rupee against the dollar on the money market on Wednesday in the process of trading activity, marketmen said. Just after the Pakistan State Bank's (SBP) decision in which it raised its main policy rat
Published 18 Jul, 2019 12:00am
KSE-100 Index lacks lustre: BRIndex100 inches down
Exchange

KSE-100 Index lacks lustre: BRIndex100 inches down

Pakistan Stock Exchange Wednesday witnessed a volatile session a day after the announcement of the monetary policy. Investors adopted cautious approach. BRIndex100 lost 2.96 points or 0.09 percent to close at 3,441.67 points. BRIndex100 touched intraday h
Published 18 Jul, 2019 12:00am
KSE-100 Index lacks lustre: BRIndex100 inches down
Exchange

KSE-100 Index lacks lustre: BRIndex100 inches down

Pakistan Stock Exchange Wednesday witnessed a volatile session a day after the announcement of the monetary policy. Investors adopted cautious approach. BRIndex100 lost 2.96 points or 0.09 percent to close at 3,441.67 points. BRIndex100 touched intraday h
Published 18 Jul, 2019 12:00am
KSE-100 Index lacks lustre: BRIndex100 inches down
Exchange

KSE-100 Index lacks lustre: BRIndex100 inches down

Pakistan Stock Exchange Wednesday witnessed a volatile session a day after the announcement of the monetary policy. Investors adopted cautious approach. BRIndex100 lost 2.96 points or 0.09 percent to close at 3,441.67 points. BRIndex100 touched intraday h
Updated 18 Jul, 2019 04:31am
Qureshi terms judgement Pakistan's 'victory'

Qureshi terms judgement Pakistan's 'victory'

Foreign Minister Shah Mehmood Qureshi on Wednesday described the International Court of Justice (ICJ) verdict in Indian spy Kulbhushan Jadhav case as 'welcoming' and a 'victory' of Pakistan. "Commander Jadhav shall remain in Pakistan. He shall be treated
Published 18 Jul, 2019 12:00am
Qureshi terms judgement Pakistan's 'victory'

Qureshi terms judgement Pakistan's 'victory'

Foreign Minister Shah Mehmood Qureshi on Wednesday described the International Court of Justice (ICJ) verdict in Indian spy Kulbhushan Jadhav case as 'welcoming' and a 'victory' of Pakistan. "Commander Jadhav shall remain in Pakistan. He shall be treated
Published 18 Jul, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (July 17, 2019).

Published 18 Jul, 2019 12:00am
DG ISPR describes ICJ verdict as 'win' for Pakistan

DG ISPR describes ICJ verdict as 'win' for Pakistan

Spokesperson to Pakistan Armed Forces, Director General (DG) Inter-Services Public Relations (ISPR) Major General Asif Ghafoor on Wednesday hailed the verdict of International Court of Justice (ICJ) over not releasing the alleged Indian spy Kulbhushan Jad
Published 18 Jul, 2019 12:00am
DG ISPR describes ICJ verdict as 'win' for Pakistan

DG ISPR describes ICJ verdict as 'win' for Pakistan

Spokesperson to Pakistan Armed Forces, Director General (DG) Inter-Services Public Relations (ISPR) Major General Asif Ghafoor on Wednesday hailed the verdict of International Court of Justice (ICJ) over not releasing the alleged Indian spy Kulbhushan Jad
Published 18 Jul, 2019 12:00am
ICJ rejects India's demand that Jadhav's conviction be dismissed

ICJ rejects India's demand that Jadhav's conviction be dismissed

International Court of Justice (ICJ) rejected remedies sought by India, including annulment of the military court decision convicting Jadhav, restricting Pakistani from executing the sentence and to release Jadhav, and ordering his return to India. ICJ Pr
Published 18 Jul, 2019 12:00am
ICJ rejects India's demand that Jadhav's conviction be dismissed

ICJ rejects India's demand that Jadhav's conviction be dismissed

International Court of Justice (ICJ) rejected remedies sought by India, including annulment of the military court decision convicting Jadhav, restricting Pakistani from executing the sentence and to release Jadhav, and ordering his return to India. ICJ Pr
Published 18 Jul, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Jul, 2019 12:00am