News Archives for Print - 2019-07-26

CBOT wheat futures rally

Chicago Board of Trade (CBOT) wheat futures rallied on Wednesday, with traders saying they had begun unwinding the corn-wheat spread after the US spring wheat tour found inconsistent yields in parts of North Dakota. CBOT September soft red winter wheat en

Published 26 Jul, 2019 12:00am

Exchange

Determined EU defies Johnson push for Brexit rewrite

The European Union on Thursday flatly rejected an aggressive push by Britain's new prime minister Boris Johnson to rewrite the Brexit agreement. Chief Brexit negotiator Michel Barnier warned EU member states that Johnson was trying to divide them by campi

Published 26 Jul, 2019 12:00am

Sudan rebels, protest leaders end rift over power deal

Sudanese protest leaders and their rebel partners have ended their differences over a power-sharing deal signed with the country's military rulers, vowing to work jointly for peace, a leading protest group said Thursday. On July 17, the umbrella protest m

Published 26 Jul, 2019 12:00am

Uncertainty for Tunisia as president dies at 92

Tunisian President Beji Caid Essebsi, the country's first leader elected in nationwide polls, died at the age of 92 on Thursday, triggering political uncertainty ahead of planned elections. The veteran politician, the oldest head of state after Britain's

Published 26 Jul, 2019 12:00am

BA resumes Cairo flights after security review

British Airways said Thursday it would resume flights to Cairo following a week's suspension, having reviewed its security measures. BA flights to and from the Egyptian capital will start again on Friday, it said in a statement. The flag carrier suspended

Published 26 Jul, 2019 12:00am

China launches first private rocket capable of carrying satellites

A Chinese startup successfully launched the country's first commercial rocket capable of carrying satellites into orbit Thursday, as the space race between China and the US heats up. Beijing-based Interstellar Glory Space Technology - also known as iSpace

Published 26 Jul, 2019 12:00am

Puerto Ricans celebrate word that governor will resign

Puerto Ricans waved flags and danced to thumping drum beats Thursday as they celebrated word that their governor will resign over derogatory comments he and aides made about women, gays and hurricane victims. After staying up to welcome Ricardo Rossello's

Published 26 Jul, 2019 12:00am

US to resume federal executions after 16-year break

The US government will resume its use of capital punishment after a 16-year hiatus and has set execution dates for five convicted murderers, Attorney General Bill Barr announced on Thursday. Acting on President Donald Trump's call for tougher penalties on

Published 26 Jul, 2019 12:00am

Palestinian president says to stop agreements with Israel

Palestinian president Mahmud Abbas said Thursday he has decided to stop implementing agreements with Israel amid worsening relations between the two sides. "We announce the leadership's decision to stop implementing the agreements signed with the Israeli

Published 26 Jul, 2019 12:00am

US sanctions Venezuela emergency food 'corruption network'

The US Treasury Department on Thursday announced sanctions against three of Venezuelan President Nicolas Maduro's stepsons, a Colombian businessman and six others for running a "corruption network" that profited from emergency food imports. The US has in

Published 26 Jul, 2019 12:00am

France to unveil new space defence strategy

France will on Thursday outline a new strategy for defence in space after President Emmanuel Macron announced the creation of a French space force command to deal with emerging threats to its interests in orbit. Defence Minister Florence Parly is due to g

Published 26 Jul, 2019 12:00am

North Korea fires short-range missiles in latest provocation

North Korea fired two short-range missiles into the sea on Thursday, complicating efforts to resume stalled nuclear talks with Washington and signalling its anger over planned US-South Korea joint military exercises. It was Pyongyang's first missile test

Published 26 Jul, 2019 12:00am

Cotton

New York cotton slips as lack of China sales weigh

ICE cotton futures inched down on Thursday, snapping a four-session gaining streak, as improved weekly export sales numbers were offset by lack of buying from China. The most-active cotton contract on ICE Futures US, the second-month December contract, se

Published 26 Jul, 2019 12:00am

Exchange

Nickel prices plunge as rally begins to unwind

Nickel prices dived more than 3% on Thursday, its blistering rally unwinding as a sharp slowdown in euro zone factory activity undermined the outlook for metals demand. Benchmark nickel on the London Metal Exchange (LME) ended 3.3% down at $14,075 a tonne

Published 26 Jul, 2019 12:00am

Oil climbs on Iran tensions, US inventory decline

Oil prices edged higher on Thursday supported by rising tensions between the West and Iran and a big decline in US crude stockpiles, but gains were capped due to lingering worries about slowing economic growth that could reduce fuel demand. Brent crude fu

Published 26 Jul, 2019 12:00am

Exchange

Tokyo rubber rises on reports of drought

Tokyo Commodity Exchange (TOCOM) futures jumped on Thursday as investors bet on rising prices of the commodity on reports of drought and disease in major producing regions. The benchmark TOCOM rubber contract for December delivery finished 2.6 yen ($0.024

Published 26 Jul, 2019 12:00am

Vegetable Oil

Malaysian palm oil hits near two-month top

Malaysian palm oil futures jumped more than 1% on Thursday evening to hit near two-month highs, extending gains on stronger US soyaoil on the Chicago Board of Trade (CBOT) and short covering. The benchmark palm oil contract for October delivery on the Bur

Published 26 Jul, 2019 12:00am

Raw sugar, arabica coffee edge downward

Raw sugar futures on ICE inched lower on Thursday, as the market weighed news of reduced output from top-grower Brazil against ample near-term global supplies, while arabica coffee fell for the fifth straight session. October raw sugar settled down 0.06 c

Published 26 Jul, 2019 12:00am

Gold gains in New York

Gold gained on Wednesday en route to snap a three-session losing streak on expectations the US Federal Reserve and other major central banks would adopt a dovish approach to monetary policy, while silver soared to a more than one-year high. Spot gold was

Published 26 Jul, 2019 12:00am

Exchange

Gold steadies in Asia

Gold held steady on Thursday ahead of European Central Bank's (ECB) policy meeting later in the day, while a stronger dollar pressured the safe-haven metal. Spot gold was flat at $1,425.80 per ounce, as of 0724 GMT. US gold futures were up 0.1% at $1,425.

Published 26 Jul, 2019 12:00am

Gold falls from one-week high in Europe

Gold eased off a one-week peak on Thursday as robust US economic data outweighed the European Central Bank's decision to hew to an accommodative monetary policy, with investor focus on next week's Federal Reserve meeting. Spot gold was down 0.7% at $1,416

Published 26 Jul, 2019 12:00am

US MIDDAY: soyabeans down

Chicago Board of Trade (CBOT) soyabean and corn futures dipped on Thursday after the US Department of Agriculture released its weekly export sales report that disappointed analysts. China, which is in a trade war with the United States and needs fewer soy

Published 26 Jul, 2019 12:00am

US MIDDAY: gold falls

Gold fell 1% on Thursday to touch an one-week low as robust US economic data outweighed the European Central Bank's decision to hew to an accommodative monetary policy, with investor focus on next week's Federal Reserve meeting.

Published 26 Jul, 2019 12:00am

Number of HIV cases in Larkana jumps to 957

Number of Human Immunodeficiency Virus (HIV) patients has mounted in Sindh's city of Larkana. According to the Sindh AIDS Control Programme (SACP), Larkana saw the tally reaching 957 patients out of which 784 are children whereas adult men and women, who

Published 26 Jul, 2019 12:00am

Scholarships worth Rs 2.7 million distributed among students

Educational scholarships amounting to Rs 2.7 million have been distributed among the 91 talented students belonging to the minority community of Faisalabad division.

Published 26 Jul, 2019 12:00am

OPC redresses 110 complaints in a week

The Overseas Pakistanis Commission has resolved 110 complaints of different nature within a week involving the hefty amount of Rs 215.6 million Commissioner Overseas Pakistanis Commission Syed Javed Iqbal Bokhari briefed the participants of a meeting chai

Published 26 Jul, 2019 12:00am

Exchange

Experts highlight role of APIs in transforming digital landscape

Telenor Pakistan Thursday organised thought leadership forum titled 'Digitising Pakistan through Application Programme Interface (APIs)' at its 345 Campus to accelerate the pace of digitisation. The event was attended by industry experts, government and s

Published 26 Jul, 2019 12:00am

'Local car sales to hit a million mark in 10 years': An interview with Asif Rizvi, CEO KIA-Lucky Motors Pakistan

Amidst the dark clouds of economic austerity, Pakistan's automotive industry is preparing for a makeover. Perhaps, of proportions the industry has not quite seen before. Over the years, many new players have thrown their hats in the ring vying for a spot

Published 26 Jul, 2019 12:00am

'Local car sales to hit a million mark in 10 years': An interview with Asif Rizvi, CEO KIA-Lucky Motors Pakistan

Amidst the dark clouds of economic austerity, Pakistan's automotive industry is preparing for a makeover. Perhaps, of proportions the industry has not quite seen before. Over the years, many new players have thrown their hats in the ring vying for a spot

Published 26 Jul, 2019 12:00am

Lahore rejects opposition's 'black day' call: claims minister

Punjab Information Minister Mian Aslam Iqbal has said that opposition has badly failed in gathering general public and the so-called leaders are left with no other option except hurling false allegations.

Published 26 Jul, 2019 12:00am

Opposition observes 'black day' in remembrance of their misdeeds: Buzdar

Punjab Chief Minister Sardar Usman Buzdar has said that positive new change has occurred in the political scenario of Pakistan on July 25, 2018 when the people wrote a new history with their votes. The people have broken away the idols of corruption with

Published 26 Jul, 2019 12:00am

Cotton

Punjab to launch mobile app for B2G & P2G payments

To facilitate the public and improve government revenue collection through easy payment collection, the Punjab government is launching a mobile phone application for business-to-government (B2G) and public-to-government (P2G) payments.

Published 26 Jul, 2019 12:00am

FBR clarifies

The Federal Board of Revenue (FBR) has clarified that no change or increase in tax has been levied on motor vehicles under the section 231B and 234 of Income Tax Ordinance-2001.

Published 26 Jul, 2019 12:00am

Pakistan condemns terrorist attack in Kabul

Pakistan strongly condemns the terrorist attack in Kabul on Thursday, on a bus carrying government employees. "We express our condolences to the bereaved families and pray for speedy recovery of the injured," says a press release issued here.

Published 26 Jul, 2019 12:00am

Bohra community's role in broadening tax net lauded

Sindh Governor Imran Ismail on Thursday hailed Bohra Community's role in broadening of tax net in the country. "Syedna Mufaddal Saifuddin's visit to Pakistan promotes religious tourism. He brings message of peace with him," governor said, talking to the m

Published 26 Jul, 2019 12:00am

Torrential rain disrupts life in Lahore

Widespread torrential rain disrupted life across the city badly on Thursday, turning streets into rivulets, causing traffic jams and upsetting power supply in many areas. Meanwhile, Pakistan Meteorological Department (PMD) sources have predicted widesprea

Published 26 Jul, 2019 12:00am

Exchange

Telenor Pakistan hosts Thought Leadership Summit

Being at the hub of technological innovation and aiming to accelerate the pace of digitization, Telenor Pakistan organized a first of its kind thought leadership forum titled 'Digitizing Pakistan through APIs' at its345 Campus. The event was attended by i

Published 26 Jul, 2019 12:00am

Ziauddin Hospital marks 'World hepatitis day'

"We are living in a very alarming condition where "Hepatitis belt" is dangerously increasing in Pakistan which includes areas like Southern Punjab, Northern Sindh, Upper Sindh district, and adjunct areas of Balochistan.

Published 26 Jul, 2019 12:00am

Democracy under 'selected' PM under threat: Bilawal

The allied-opposition parties vowed to continue their joint struggle against the PTI-led government as they showed their public support in Karachi on Thursday.

Published 26 Jul, 2019 12:00am

USC MD conducts Zonal Managers conference via video link

Managing Director Utility Stores Corporation (USC) conducts Zonal Managers conference via video link. Managing Director Omar Lodhi chaired the conference, reviewed all operations of USC and laid out a comprehensive strategy for the future.

Published 26 Jul, 2019 12:00am

Partly Facetious: Are you aware of Khan's hatred for the Maulana

"The Khan is going to get really mad at them for doing the same-o, same-o."

Published 26 Jul, 2019 12:00am

'Human Resource Development Scholarships': JPY 322 million grant agreement inked with Japan

Pakistan and Japan Thursday signed a grant agreement amounting to JPY 322 million for "Human Resource Development Scholarships" for the academic year 2020. Secretary Economic Affairs Division Noor Ahmed and Minister/ Deputy Chief of Mission (Charge d' Aff

Published 26 Jul, 2019 12:00am

Exchange

President hails Iraqi government's support for Kashmiri people

President Dr Arif Alvi appreciated the Government of Iraq for its staunch support of the right to self-determination of the people of Kashmir, while talking to Head of the Political Party, Islamic Supreme Council in Iraq, Shaikh Dr Hamam Hamoudi, who call

Published 26 Jul, 2019 12:00am

Fizza Rubab tops in Aga Khan Board HSSC exams

Fizza Rubab d/o Syed Samar Hasnain has got first position across Pakistan in Aga Khan Board in HSSC examinations, as per results announced on 24 July 2019. According to Aga Khan University Examination Board, the overall passing rate for HSSC students is 9

Published 26 Jul, 2019 12:00am

Two die as rainwater inundates house's basement

As many as two persons, including a minor, lost their lives when rainwater entered the basement of a house on Thursday. Local police said that six residents were sleeping when rainwater inundated the basement, making them unconscious. Sehrish, 30, drowned

Published 26 Jul, 2019 12:00am

Rampant tea smuggling: Importers back CCP's tax revision proposal

Tea importers have backed the recommendations of the Competition Commission of Pakistan (CCP) to rationalise taxes on imports of black tea to discourage its smuggling and revisit the negative list under the transit trade agreement. Shoaib Paracha, Chairma

Published 26 Jul, 2019 12:00am

Social Health Protection Phase-II: Rs 2.16 billion financing agreements signed with Germany

Pakistan and Germany Thursday signed financing agreements to the tune of around Rs 2.16 billion on Social Health Protection Phase-II. Secretary Economic Affairs Division Noor Ahmed and Country Director German Development Bank (KfW) Wolfgang Moeller signed

Published 26 Jul, 2019 12:00am

FIR lodged against PTI MPA

A case was filed on Thursday against Malik Shehzad Awan, who represents Pakistan Tehreek-e-Insaf at the Sindh Assembly. The FIR was registered in Ittehad Town police station over a video that went viral on social media where the PTI leader can be seen hur

Published 26 Jul, 2019 12:00am

Imran's US visit to help improve economic ties: PBIF

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has said that close ties between the US and Pakistan will not only beneficial for the economy but also improve the pace of work on CPEC which will be difficult for India to

Published 26 Jul, 2019 12:00am

LNG case: IHC grants interim pre-arrest bail to Miftah

The Islamabad High Court (IHC) on Thursday granted interim pre-arrest bail to former finance minister and Pakistan Muslim League-Nawaz (PML-N) leader Miftah Ismail in the liquefied natural gas (LNG) case. A division bench of IHC comprising Acting Chief Ju

Published 26 Jul, 2019 12:00am

STARZPLAY launches short film competition

After the successful launch of STARZPLAY by Cinepax, Pakistan's favorite Entertainment Company has launched STARZPLAY Short Film Competition (SSFC) and announced its film jury that will judge the top 10 finalists of the competition.

Published 26 Jul, 2019 12:00am

KTBA urges FBR to accept first biannual WHT statement for 4-months

Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to accept first biannual withholding tax statement for three/four months.

Published 26 Jul, 2019 12:00am

DPP's quarantine wing continue to create hindrances for traders: KCCI

President of Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda has said that the business community has been facing a lot of issues and barriers due to Department of Plant Protection's Quarantine department.

Published 26 Jul, 2019 12:00am

LG to introduce G series smartphone

LG Electronics (LG) is bringing the exceptional user experience of the G series to customers in more regions with the introduction of the LG G8SThinQ. The LG G8SThinQ is the perfect choice for consumers seeking a premium smartphone, offering many of the s

Published 26 Jul, 2019 12:00am

Gold prices surge to historic high

Gold prices on Thursday surged to a historic high to Rs 84400 per tola with Rs 200 increase on the local market, traders said. The yellow metal prices went up by $1 to $1427 per ounce on the world market. The price of gold per 10 grams reached Rs 72360 wi

Published 26 Jul, 2019 12:00am

Exchange

Forex reserves fall by $387 million

The country's total liquid foreign exchange reserves declined by $387 million during last week. According to weekly foreign exchange reserves report issued by the State Bank of Pakistan (SBP) Thursday, the total liquid foreign exchange reserves held by th

Published 26 Jul, 2019 12:00am

Murad orders release of Rs 600 million to NICVD

Sindh Chief Minister Syed Murad Ali Shah has approved release of Rs 600 million to National Institute of Cardiovascular Diseases (NICVD) of last financial year so that they could start their paediatric wards.

Published 26 Jul, 2019 12:00am

ICI Pakistan declares Rs 2.537 billion PAT for CY19

The Board of Directors of ICI Pakistan Limited is pleased to announce the Company's financial results for the year ended June 30, 2019. On a consolidated basis, including the results of the Company's subsidiaries, ICI Pakistan PowerGen Limited, Cirin Phar

Published 26 Jul, 2019 12:00am

Centre raises Rs 285 billion through sale of PIBs

The federal government raised some Rs 285 billion through the sale of long-term investment bonds. The massive borrowing shows that the government is shifting its borrowings from the State Bank to commercial banks following the IMF condition.

Published 26 Jul, 2019 12:00am

Centre raises Rs 285 billion through sale of PIBs

The federal government raised some Rs 285 billion through the sale of long-term investment bonds. The massive borrowing shows that the government is shifting its borrowings from the State Bank to commercial banks following the IMF condition.

Published 26 Jul, 2019 12:00am

Big Bad Wolf Book Sale starts at Expo Centre

The world's biggest book sale - the Big Bad Wolf Book Sale has officially launched its very first sale in Karachi at the Expo Centre here on Thursday. The sale is known for its unique feature of being open for 24 hours, non-stop. There will be a million b

Published 26 Jul, 2019 12:00am

SC summons CS, Secretary over new construction at Hindu Gymkhana

The Supreme Court on Thursday summoned Chief Secretary Sindh and provincial Secretary Cultural Department over new constructions for National Academy of Performing Arts (NAPA) at historical Hindu Gymkhana premises.

Published 26 Jul, 2019 12:00am

CSS leaked paper case: Senate panel seeks briefing from FIA DG

The Senate Standing Committee on Cabinet Secretariat has sought a briefing from Director General Federal Investigation Agency (FIA) Bashir Ahmed Memon over the progress in the case involving alleged question paper leak in the Central Superior Services (CS

Published 26 Jul, 2019 12:00am

Joint opposition holds public rally in Islamabad

Local leaders of opposition parties on Thursday held a joint public gathering here to observe 'Black Day' on the first anniversary of the 2018 general election. The local leadership and workers of Jamiat Ulema-e-Islam-Fazl (JUI-F), Pakistan Muslim League-

Published 26 Jul, 2019 12:00am

Rains claim one life in KP

One person has died, 18 cattle were killed and three houses have been damaged in torrential-rain related incidents in districts Buner and Torghar, said a spokesman of the Relief, Rehabilitation and Settlement Department, Khyber Pakhtunkhwa on Thursday. Th

Published 26 Jul, 2019 12:00am

'Black day' observed against PTI government in Bara

Likewise other parts of the country, the black day was observed against the incumbent government of Pakistan Tehreek-e-Insaf (PTI) in Tehsil Bara of Khyber district on Thursday. In this connection under the banner of Pakistan Awami Inqelabi League (PAIL)

Published 26 Jul, 2019 12:00am

References against judges: lawyers to observe strike tomorrow

Lawyers all over the country will observe nationwide strike on Saturday (tomorrow) to condemn the filing of references against Justice Qazi Faez Isa, a judge of Supreme Court, and Justice KK Agha, a judge of Sindh High Court. Vice-Chairman Pakistan Bar Co

Published 26 Jul, 2019 12:00am

Fake accounts case: AC sends Ghani Majeed to jail on 14-day judicial remand

The Accountability Court hearing multibillion rupees fake bank accounts case on Thursday sent Abdul Ghani Majeed to jail on 14-day judicial remand. The officials of National Accountability Bureau (NAB) produced Abdul Ghani Majeed before the Accountability

Published 26 Jul, 2019 12:00am

PTI marks July 25 as 'Youm-e-Tashakkur'

The ruling Pakistan Tehreek-e-Insaf (PTI) marked July 25 as 'Youm-e-Tashakkur' [Thanksgiving Day] on Thursday on the first anniversary of the 2018 general elections. The main event in this regard was organised at the party's central secretariat. According

Published 26 Jul, 2019 12:00am

Opposition parties observe 'black day' in KP

Hundreds of workers of JUI-F, ANP, PPP, PML-N and QWP on Thursday attended the anti-government rally in provincial capital Peshawar. The opposition parties in Khyber Pakhtunkhwa marked the first anniversary of the 2018 general elections as 'Youm-e-Siah',

Published 26 Jul, 2019 12:00am

Transfers and postings in FBR

Said Iqbal, a BS-19 officer of Inland Revenue Service, on Thursday assumed the charge of the post of secretary (Income Tax Budget), Federal Board of Revenue (FBR) (HQ), Islamabad. In pursuance of Board's notification No 1765-IR-I/2019, Said Iqbal, BS-19 o

Published 26 Jul, 2019 12:00am

The Kashmir dispute

India's Congress leader Shashi Tharoor has demanded prime minister Narendra Modi make a personal statement about US President Donald Trump's comments about Kashmir. He knows that Modi would never meet his demand. He is not satisfied with what India's fore

Published 26 Jul, 2019 12:00am

Big Tech antitrust review: tough policy or publicity stunt?

The antitrust review of Big Tech announced by US regulators could signal a tough new stand on competition policy, but it may just be a political publicity stunt.

Published 26 Jul, 2019 12:00am

Currency

'New' federation - I

ZA Bhutto while addressing the Constituent Assembly on 10 April 1973 as its President said: "The point of view that each and every federating unit must be party to the federal constitution applies when the States are sovereign and independent and when the

Published 26 Jul, 2019 12:00am

Making tax system functional

The primary function of a tax system is to raise revenue for the governments at various levels, in the case of Pakistan, federal and provincial, for their public expenditure as well as for local authorities and similar public bodies. Thus, the first goal

Published 26 Jul, 2019 12:00am

Many a slip...

US President Donald Trump's remarks about a possible mediation role in the Kashmir dispute between Pakistan and India have caused a furore in India and expressions of 'triumphalism' in Pakistan. Trump said during the meeting with Prime Minister Imran Khan

Updated 26 Jul, 2019 06:14am

Exchange

Clarifying Fund's position

Speaking at "Paisa Bolta Hai", an Aaj Television programme, the Resident Representative of IMF, Teresa Deban Sanchez, tried to explain the main features of the recently negotiated Extended Fund Facility (EFF) programme with Pakistan, emphasizing in partic

Updated 26 Jul, 2019 06:14am

RLNG: SNGPL seeks special incentives, tax regimes

Sui Northern Gas Pipeline Limited (SNGPL) has sought special incentives and tax regimes to maintain Re-gasified Liquefied Natural Gas (RLNG) as economically viable for all sectors, including domestic consumers. This demand has come from the SNGPL''s Board

Published 26 Jul, 2019 12:00am

RLNG: SNGPL seeks special incentives, tax regimes

Sui Northern Gas Pipeline Limited (SNGPL) has sought special incentives and tax regimes to maintain Re-gasified Liquefied Natural Gas (RLNG) as economically viable for all sectors, including domestic consumers. This demand has come from the SNGPL's Board

Published 26 Jul, 2019 12:00am

RLNG: SNGPL seeks special incentives, tax regimes

Sui Northern Gas Pipeline Limited (SNGPL) has sought special incentives and tax regimes to maintain Re-gasified Liquefied Natural Gas (RLNG) as economically viable for all sectors, including domestic consumers. This demand has come from the SNGPL's Board

Published 26 Jul, 2019 12:00am

Currency

Opposition parties hold protest rallies against PM

Joint opposition parties held protest rallies in cities across the country on Thursday, accusing Prime Minister Imran Khan's government of ruining the economy and seeking to intimidate and silence its opponents. The "Black Day" protests, a year after Khan

Published 26 Jul, 2019 12:00am

Currency

Opposition parties hold protest rallies against PM

Joint opposition parties held protest rallies in cities across the country on Thursday, accusing Prime Minister Imran Khan's government of ruining the economy and seeking to intimidate and silence its opponents. The "Black Day" protests, a year after Khan

Published 26 Jul, 2019 12:00am

Pompeo speaks with Ghani

US Secretary of State Mike Pompeo has spoken to Afghan President Ashraf Ghani on the phone, apparently to reassure him that US strategy hadn't changed after President Donald Trump's recent remarks about the war in Afghanistan raised concerns in Kabul. "I

Published 26 Jul, 2019 12:00am

Pompeo speaks with Ghani

US Secretary of State Mike Pompeo has spoken to Afghan President Ashraf Ghani on the phone, apparently to reassure him that US strategy hadn't changed after President Donald Trump's recent remarks about the war in Afghanistan raised concerns in Kabul. "I

Published 26 Jul, 2019 12:00am

SPI inflation for combined income group up 0.48 percent WoW

The weekly inflation measured through Sensitive Price Index (SPI) for the week ended July 18 for the combined income group witnessed an increase of 0.48 percent as compared to the preceding week. The Sensitive Price Indicator (SPI) for the week under revi

Published 26 Jul, 2019 12:00am

SPI inflation for combined income group up 0.48 percent WoW

The weekly inflation measured through Sensitive Price Index (SPI) for the week ended July 18 for the combined income group witnessed an increase of 0.48 percent as compared to the preceding week. The Sensitive Price Indicator (SPI) for the week under revi

Published 26 Jul, 2019 12:00am

SPI inflation for combined income group up 0.48 percent WoW

The weekly inflation measured through Sensitive Price Index (SPI) for the week ended July 18 for the combined income group witnessed an increase of 0.48 percent as compared to the preceding week. The Sensitive Price Indicator (SPI) for the week under revi

Published 26 Jul, 2019 12:00am

PTA clarification

This is apropos a news item titled "Licence renewal fee: PTA rejects mobile operators'' apprehensions" carried by the newspaper on 22nd July, 2019. The impression given in the news item that the operators were not informed till the first week of May 2019

Published 26 Jul, 2019 12:00am

PTA clarification

This is apropos a news item titled "Licence renewal fee: PTA rejects mobile operators' apprehensions" carried by the newspaper on 22nd July, 2019. The impression given in the news item that the operators were not informed till the first week of May 2019 i

Published 26 Jul, 2019 12:00am

PTA clarification

This is apropos a news item titled "Licence renewal fee: PTA rejects mobile operators' apprehensions" carried by the newspaper on 22nd July, 2019. The impression given in the news item that the operators were not informed till the first week of May 2019 i

Published 26 Jul, 2019 12:00am

Key conditions for licence renewal: Deadlock between mobile operators, PTA persists

The deadlock between Pakistan Telecommunication Authority (PTA) and mobile operators on quality of service and rollout obligations - two integral parts of licence renewal - persists, as the latter have linked them with the quantum of licence renewal fee,

Published 26 Jul, 2019 12:00am

Key conditions for licence renewal: Deadlock between mobile operators, PTA persists

The deadlock between Pakistan Telecommunication Authority (PTA) and mobile operators on quality of service and rollout obligations - two integral parts of licence renewal - persists, as the latter have linked them with the quantum of licence renewal fee,

Published 26 Jul, 2019 12:00am

Key conditions for licence renewal: Deadlock between mobile operators, PTA persists

The deadlock between Pakistan Telecommunication Authority (PTA) and mobile operators on quality of service and rollout obligations - two integral parts of licence renewal - persists, as the latter have linked them with the quantum of licence renewal fee,

Published 26 Jul, 2019 12:00am

Bombs kill at least 11 in Kabul as US general visits

Three bombs rocked the Afghan capital of Kabul on Thursday, killing at least 11 people and wounding 45, officials said, as the chairman of the US Joint Chiefs of Staff was meeting top US and Nato officials in the city. A suicide bomber blew himself near a

Published 26 Jul, 2019 12:00am

Bombs kill at least 11 in Kabul as US general visits

Three bombs rocked the Afghan capital of Kabul on Thursday, killing at least 11 people and wounding 45, officials said, as the chairman of the US Joint Chiefs of Staff was meeting top US and Nato officials in the city. A suicide bomber blew himself near a

Published 26 Jul, 2019 12:00am

Indian celebrities protest attacks on dissent, minorities

Dozens of Indian celebrities have asked Prime Minister Narendra Modi to intervene and stop rising incidents of attacks on minorities, misuse of religion by Hindu hard-liners and intolerance against dissent in the country. In a joint letter of protest to M

Published 26 Jul, 2019 12:00am

Indian celebrities protest attacks on dissent, minorities

Dozens of Indian celebrities have asked Prime Minister Narendra Modi to intervene and stop rising incidents of attacks on minorities, misuse of religion by Hindu hard-liners and intolerance against dissent in the country. In a joint letter of protest to M

Published 26 Jul, 2019 12:00am

US financier Epstein found injured in cell after possible suicide attempt

Disgraced US financier Jeffrey Epstein, who is accused of trafficking underage girls for sex, was found unconscious in his New York jail cell after a possible suicide attempt, US media reported Thursday. Epstein - a convicted pedophile - was discovered on

Published 26 Jul, 2019 12:00am

Shahbaz urges masses to struggle for government's removal

Opposition leader and PML-N President Muhammad Shahbaz Sharif urged the people to struggle for the removal of Imran Khan Niazi from the political scene to bring back prosperity in the country. He was addressing a joint rally of opposition parties to mark

Published 26 Jul, 2019 12:00am

No deadline for Afghan peace accord: US

United States Department of State spokesperson Morgan Ortagus has said no deadline could be announced for Afghanistan peace agreement, Aaj News reported late Thursday night. Ortagus spoke on Afghan-Pakistan affairs at a press briefing.

Published 26 Jul, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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