News Archives for Print - 2019-08-07

TAQ deploys HSE-compliant fleet of vehicles

TAQ Logistics, one of Pakistan's leading logistics companies achieved an important milestone in their history by deploying HSE (health, safety and environment) compliant fleet of vehicles for Syngenta Pakistan. The ribbon-cutting ceremony for the deployme

Published 07 Aug, 2019 12:00am

Pakistan seeks 10 LNG cargoes for October-December 2019

Pakistan issued a tender for the supply of 10 liquefied natural gas (LNG) cargoes between the start of October and the end of December, Pakistan LNG documents seen by Reuters showed on Tuesday. The tender is likely to be welcomed by the spot market, which

Published 07 Aug, 2019 12:00am

Power failure, electrocution cases: KE sympathises with bereaved families, form probe bodies

K-Electric is a law-abiding and responsible organisation. The power utility is extending full cooperation in investigation process and will also submit report to regulatory authority in due course. Here KE would also like to mention that the unprecedented

Published 07 Aug, 2019 12:00am

Mutual Funds

Exide Pakistan Limited

Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki

Published 07 Aug, 2019 12:00am

Mutual Funds

Exide Pakistan Limited

Battery manufacturer, Exide Pakistan (PSX: EXIDE) was incorporated in 1953 in association with Chloride Group PLC of the United Kingdom. The Chloride group had associates worldwide across 35 destinations and was supported by Chloride Technical. Exide Paki

Published 07 Aug, 2019 12:00am

Government urged to conduct LG polls in Punjab

WISE - a non-governmental organisation working for the empowerment of struggling women has urged the government to conduct local bodies' elections in Punjab without any further delay by ensuring at least 33 percent representation of women as it is the onl

Published 07 Aug, 2019 12:00am

Police of three provinces devising border security plan

The Punjab police in collaboration with the Sindh and Balochistan police have started devising a tri-border security plan which will be submitted to Prime Minister Imran Khan. A police spokesman said that IGP Arif Nawaz Khan on Tuesday chaired a meeting o

Published 07 Aug, 2019 12:00am

Preparations for 72nd Independence Day gaining momentum

Like other parts of the country, preparations to celebrate the 72nd Independence Day of Pakistan are in full swing in the provincial capital. A good number of stalls have been set up all over the city to sell national flags, buntings, badges, T-Shirts and

Published 07 Aug, 2019 12:00am

Five workers killed during stone-cutting process

Five labourers were killed in an incident of stone cutting in Sillanwali police limits here on Tuesday. Police spokesman said labourers were busy in cutting stones by drilling machines at the top of hills at Chak 126/SB, Block No.15 without safety equipme

Published 07 Aug, 2019 12:00am

Ahead of Eid-ul-Azha: Emirates introduces four additional return flights

On the occasion of Eid-ul-Azha, Emirates Airlines has introduced four additional return flights between Islamabad and Dubai, complementing its existing schedule and providing more choice and convenience to the Pakistani travellers. "The additional flights

Published 07 Aug, 2019 12:00am

IOK's status: PML-N tables resolution in PA for revocation

The Pakistan Muslim League-Nawaz (PML-N) on Tuesday tabled a resolution in the Punjab Assembly for revocation of independent status of the Occupied Kashmir, demanding from India to withdraw this illegal step and let the Kashmiris decide about their future

Published 07 Aug, 2019 12:00am

KMBL plants 6,000 trees in Changa Manga

True to its principal of preserving the natural environment, Khushhali Microfinance Bank has taken the initiative of the plantation and maintenance of 6,000 plants at Changa Manga, near Lahore. This initiative has been taken in partnership with the Punjab

Published 07 Aug, 2019 12:00am

Punjab CS launches monsoon tree plantation campaign

Punjab Chief Secretary Yousaf Naseem Khokhar on Tuesday launched monsoon tree plantation campaign by planting a sapling on the premises of Civil Secretariat. The Punjab government has set a target to plant nine million saplings during the ongoing drive. S

Published 07 Aug, 2019 12:00am

External threat: business community expresses solidarity with government

The entire business community on Tuesday expressed solidarity with the government and Pakistan armed forces and said that it stands united along with nation against any foreign aggression and external threat. Chairman Faisalabad Industrial Estate Developm

Published 07 Aug, 2019 12:00am

Buzdar condemns Indian violation of human rights

The Punjab chief minister Punjab Sardar Usman Buzdar Tuesday said that India has blatantly violated human rights by revoking the special status of the occupied state of Jammu and Kashmir and this decision is an all-out attack on human rights. "The power-d

Published 07 Aug, 2019 12:00am

Minister for strict monitoring of mosques

Punjab Law Minister Raja Basharat on Tuesday directed the district administration across the province to ensure strict monitoring of masajid, religious congregations and processions in their respective districts on the occasions of Eid-ul-Azha and Indepen

Published 07 Aug, 2019 12:00am

Partly Facetious: 'If wishes were horses my friend...'

"Modi did a Modi."

Published 07 Aug, 2019 12:00am

Japanese envoy meets Hafeez

Ambassador of Japan to Pakistan, Kuninori Matsuda called on the Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh, here on Tuesday. The adviser welcomed the Ambassador and called the relations between the two countries having immens

Published 07 Aug, 2019 12:00am

Exchange

US praises Pakistan's support to Afghan DPs

Minister of State for SAFRON & Narcotics Control Shehryar Khan Afridi called on Acting Assistant Secretary of United States of America (USA) for South and Central Asia Alice Wells and US Ambassador Paul Jones on Tuesday. The matters relating to overall re

Published 07 Aug, 2019 12:00am

JICA team, Razak discuss promotion of automobile sector

A delegation of Japan International Cooperation Agency (JICA) headed by its Chief Representative Shigeki Furuta called on Abdul Razak Dawood, Adviser to Prime Minister on Commerce, Textile, Industries & Production and Investment, to deliberate upon upgrad

Published 07 Aug, 2019 12:00am

Rallies held in Swat, Shangla & Buner against Indian atrocities

The residents of districts Swat, Shangla and Buner staged held protest demos and rallies at large against the atrocities of Indian security forces in Occupied Kashmir (IOK) and particularly the abolition of special status of Kashmir. Beside staging rallie

Published 07 Aug, 2019 12:00am

AJK President, PM discuss Kashmir issue with NA speaker

President Azad Kashmir Masood Khan and Prime Minister Raja Farooq Haider Khan separately called on Speaker National Assembly Asad Qaiser in Parliament House on Tuesday and discussed recent developments in Indian occupied Kashmir. The Speaker reiterated Pa

Published 07 Aug, 2019 12:00am

TCL launches P8S full-screen 4K AI TV in Pakistan

TCL, the Global No 2 TV brand for the year 2018* and leading consumer electronics company, has announced the launch of its brand new TV series, the P8S 4K UHD Android TV(tm). The P8S TV stands out with its full-screen, near Bezel-less design and metallic

Published 07 Aug, 2019 12:00am

Exchange

NBP partners with WorldRemit for digital money transfers

Leading digital money transfer service WorldRemit and National bank of Pakistan have launched safe, fast and low-cost international transfers to 1,500+ National Bank Pakistan (NBP) cash pickup locations and designated branches of Pakistan Post Office. The

Published 07 Aug, 2019 12:00am

Arrangements for post-Hajj flights operation reviewed

An important meeting to review arrangements for post-Hajj flights operation was held at Bacha Khan International Airport (BKIA) Peshawar on Tuesday. The post hajj flight operation will start from August 17. The meeting was chaired by Chief Operating Offic

Published 07 Aug, 2019 12:00am

Kashmir is globally recognised dispute: ANP

ANP's President Asfandyar Wali Khan on Tuesday said that Kashmir is internationally recognised dispute and India cannot change it's status, saying India would have to revisit its policy regarding Kashmir. In his reaction to the current situation in Kashir

Published 07 Aug, 2019 12:00am

Mutual Funds

NBFIs' assets stand at Rs 1.13 trillion

Total assets of 327 entities operating under Non-Banking Finance Institutions (NBFIs) stood at Rs 1,137.85 billion as on July 1, 2019. According to the latest document of the NBFI industry issued by the SECP here on Tuesday, 23 Asset Management Companies

Published 07 Aug, 2019 12:00am

Probe begins against ex-DIG

Punjab Anti-Corruption Establishment (ACE) has initiated an investigation against former deputy inspector general of police Azmat Ullah Gondal regarding illegal use of power to grab 30 kanal provincial government land in Chandrai village.

Published 07 Aug, 2019 12:00am

Sindh PA session adjourned even without traditional prayers

Deputy Speaker Rehana Leghari Tuesday announced adjournment of Sindh Assembly session in the presence of as less than as one legislator and he too hails from her Pakistan Peoples Party. The provincial legislature deals with the private members' proposed l

Published 07 Aug, 2019 12:00am

Basharat elected PSA president

Basharat Ullah Khan has been elected the president of PSX Stockbrokers Association (PSA). In line with the Memorandum and Articles of PSX Stockbrokers Association (PSA), Annual General Meeting (AGM) of PSA, held on August 06. The general body approved the

Published 07 Aug, 2019 12:00am

PAJCCI calls for upgrading infrastructure at Torkham border

Chairman Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) Zubair Motiwala has called for upgraded infrastructure and well-equipped and competent staff at Torkham border. He said that the business communities across the border welcomed the announ

Published 07 Aug, 2019 12:00am

Railway's Secretary chided: SC seeks final date for KCR's revival

The Supreme Court Tuesday ordered Secretary Railway to inform the court about the final date for revival of Karachi Circular Railway (KCR) and local train operation in the metropolis in the hearing, scheduled for August 9, 2019.

Published 07 Aug, 2019 12:00am

KU VC vows to cater to academia, students' needs

University of Karachi is providing maximum facilities to students and researchers, said the vice chancellor Professor Dr Khalid Mahmood Iraqi. He expressed these views, speaking at the concluding session of the third summer school workshop entitled "Green

Published 07 Aug, 2019 12:00am

SGM hails Trump's Kashmir mediation offer

"It is really heartening that US President Donald Trump has recognized the Kashmir dispute as one of the world's longest-festering political issues and is willing to mediate between India and Pakistan to find a solution to the dispute."

Published 07 Aug, 2019 12:00am

Illegal grey trafficking setup busted

Pakistan Telecommunication Authority (PTA) in its ongoing efforts to curb the menace of illegal grey trafficking carried out a successful raid on illegal VoIP setup in the area of Sabzazar, Block H Lahore, along with Federal Investigation Agency (FIA) and

Published 07 Aug, 2019 12:00am

Scrapping of Article 370 condemned by Sindh government: Murtaza

Spokesman of Sindh Government and Adviser to Sindh Chief Minister on Law, Environment and Coastal Development Barrister Murtaza Wahab has said that Sindh government condemned the Indian aggressing across the Line of Control and scrapping of Article 370.

Published 07 Aug, 2019 12:00am

Rainy spells likely to start from today, continue till Monday

Two monsoon rainy spells are expected to fall across the country from Wednesday till Monday, as the Met Office on Tuesday warned that the heavy falls are likely to unleash urban flooding in Karachi on Saturday.

Published 07 Aug, 2019 12:00am

Exchange

Arrives on five-day visit: Alice Wells to meet civil-military leadership

The US Acting Assistant Secretary for South and Central Asia, Alice Wells arrived here on a five-day long visit for talks with the Pakistani authorities on issues of mutual interests and regional stability. "The US Embassy in Islamabad welcomes Alice Well

Published 07 Aug, 2019 12:00am

Joint Parliament session: opposition slams government for not mentioning Article 370 in resolution

The opposition Tuesday strongly protested against the government for not mentioning the Indian government's step of revoking the Article 370 in its constitution in the resolution presented in the joint sitting of the Parliament; however, the resolution wa

Published 07 Aug, 2019 12:00am

Whereabouts of Tariq: FIA expresses ignorance before IHC

The Federal Investigation Agency (FIA) Tuesday expressed ignorance before the Islamabad High Court (IHC) about the whereabouts of Faisal Tariq, missing son of Mian Tariq who was arrested in connection with leaked video case of Judge Arshad Malik. A single

Published 07 Aug, 2019 12:00am

AJK PM meets Shahbaz, Bilawal

Prime Minister Azad Jammu and Kashmir Raja Farooq Haider called on Opposition Leader in the National Assembly and PML-N President Muhammad Shahbaz Sharif here on Tuesday. Both the leader discussed deteriorating human rights situation in Occupied Jammu and

Published 07 Aug, 2019 12:00am

Housing societies required to fulfil basic needs: CDA

Housing societies falling in the territorial limits of the Islamabad will have to fulfil the basic requirements as per rules and regulations and no relaxation in this regard will be given. Housing societies must take the steps for provision of all civic a

Published 07 Aug, 2019 12:00am

Government's stance on Indian acts not clear: Fazl

Denouncing the Indian government's move to end special status of Indian Occupied Kashmir (IoK), Emir Jamiat Ulema-e-Islam-Fazl (JUI-F) Maulana Fazlur Rehman has regretted that at present Pakistani government's stance on the Indian acts is not clear. Addre

Published 07 Aug, 2019 12:00am

Afridi, Gambhir in Twitter spat

Former stars of fierce cricket rivals India and Pakistan traded online barbs Tuesday over New Delhi's explosive decision to strip restive Kashmir of its autonomous status. Indian ex-cricketer Gautam Gambhir took a swipe at Pakistan's Shahid Afridi after h

Published 07 Aug, 2019 12:00am

Refugees in AJK fearful after India abolishes Kashmir autonomy

Refugees in Azad Jammu & Kashmir voiced fears for relatives still on the other side of the disputed Himalayan border Monday after India abolished the Muslim-majority region's special autonomy, raising fears of fresh violence. Many of the roughly 250 peopl

Published 07 Aug, 2019 12:00am

'She Loves Technology 2019' crowns winner in Pakistan

The final round of 'She Loves Tech Pakistan 2019' has been won by "DOT-Mind Unlocked" of Yishel Khan, a startup that has developed a headset that reads brainwave activity to diagnose and treat mental disorders such as ADHD more efficiently. 'She Loves Tec

Published 07 Aug, 2019 12:00am

A historical blunder

This is apropos a Business Recorder news item "Murder of 'democracy'" carried by the newspaper yesterday. No doubt, it was murder of so-called democracy in India after New Delhi deprived occupied Jammu & Kashmir of its special status by revoking Ar

Published 07 Aug, 2019 12:00am

Exchange

Asset managers farm out trading as costs and complexity climb

It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah. He's not trading his own book, but rather is t

Published 07 Aug, 2019 12:00am

Can South Asia learn any lessons from post-WW II Germany?

Today, Federal Republic of Germany is a major European power (in terms of population and economy) after having attained recognition for healthy blending of real politique and moralism. This combination is an object of emulation and holds lessons for many

Published 07 Aug, 2019 12:00am

Way out of external Dependence

The four essential ingredients needed to achieve a modicum of economic sovereignty and establish a social welfare state are: energy, capital, technology and manpower. Pakistan lacks the first three and has criminally neglected the last one. Therefore, it

Published 07 Aug, 2019 12:00am

INF demise

The US and Russia have announced their withdrawal from the Intermediate-Range Nuclear Forces (INF) treaty that placed limitations on the use of medium range conventional and nuclear missiles. Signed in 1987 between the then US President Ronald Reagan and

Updated 07 Aug, 2019 06:39am

Exchange

Mega Karachi project

The Executive Committee of National Economic Council (NEC) has approved a project titled Competitive and Livable City Karachi at an estimated cost of 33.6 billion rupees. Official documents reveal that the World Bank would pick up around 96 percent of the

Updated 07 Aug, 2019 06:39am

Dual nationality: SC issues notice to CM Sindh

Accepting a plea seeking disqualification of Sindh Chief Minister Murad Ali Shah on the basis of holding dual nationality, the apex court on Tuesday issued Shah a notice. A three-judge bench, headed by Justice Sheikh Azmat Saeed and comprising Justice Uma

Published 07 Aug, 2019 12:00am

Dual nationality: SC issues notice to CM Sindh

Accepting a plea seeking disqualification of Sindh Chief Minister Murad Ali Shah on the basis of holding dual nationality, the apex court on Tuesday issued Shah a notice. A three-judge bench, headed by Justice Sheikh Azmat Saeed and comprising Justice Uma

Published 07 Aug, 2019 12:00am

Government major beneficiary of LNG import terminal?

The major beneficiary of LNG import terminal in terms of financial benefits has been the government as well as its agencies, plucking one-third of overall revenue of LNG terminals on account of taxes and fees, etc. On Tuesday, Chief Executive of M/s Engro

Published 07 Aug, 2019 12:00am

Government major beneficiary of LNG import terminal?

The major beneficiary of LNG import terminal in terms of financial benefits has been the government as well as its agencies, plucking one-third of overall revenue of LNG terminals on account of taxes and fees, etc. On Tuesday, Chief Executive of M/s Engro

Published 07 Aug, 2019 12:00am

Government major beneficiary of LNG import terminal?

The major beneficiary of LNG import terminal in terms of financial benefits has been the government as well as its agencies, plucking one-third of overall revenue of LNG terminals on account of taxes and fees, etc. On Tuesday, Chief Executive of M/s Engro

Published 07 Aug, 2019 12:00am

Nobel laureate Toni Morrison dead at 88

Toni Morrison, the first African-American woman to win the Nobel Prize for Literature and one of America's best loved writers, has died following a brief illness, her family said in a statement Tuesday. She was 88. "It is with profound sadness we share th

Published 07 Aug, 2019 12:00am

Nobel laureate Toni Morrison dead at 88

Toni Morrison, the first African-American woman to win the Nobel Prize for Literature and one of America's best loved writers, has died following a brief illness, her family said in a statement Tuesday. She was 88. "It is with profound sadness we share th

Published 07 Aug, 2019 12:00am

Sushma Swaraj passes away

Indian politician Sushma Swaraj, who most recently served as minister of external affairs, passed away on Tuesday, following a cardiac arrest. Swaraj, 67, a senior leader of the ruling Bharatiya Janata Party (BJP), had opted out of contesting elections ea

Published 07 Aug, 2019 12:00am

Sushma Swaraj passes away

Indian politician Sushma Swaraj, who most recently served as minister of external affairs, passed away on Tuesday, following a cardiac arrest. Swaraj, 67, a senior leader of the ruling Bharatiya Janata Party (BJP), had opted out of contesting elections ea

Published 07 Aug, 2019 12:00am

Quarter of world's population facing extreme water stress

Nearly a quarter of the world's population lives in 17 countries facing extremely high water stress, close to "day zero" conditions when the taps run dry, according to a report released Tuesday. The World Resources Institute's Aqueduct Water Risk Atlas ra

Published 07 Aug, 2019 12:00am

Quarter of world's population facing extreme water stress

Nearly a quarter of the world's population lives in 17 countries facing extremely high water stress, close to "day zero" conditions when the taps run dry, according to a report released Tuesday. The World Resources Institute's Aqueduct Water Risk Atlas ra

Published 07 Aug, 2019 12:00am

Exchange

Removal of encroachments: SC orders Sindh govt to submit report

Supreme Court (SC) on Tuesday ordered Sindh Government to submit the report about removal of encroachment from parks, amenity plots and others places in two months after the court showed its displeasure over failure of authorities to implement its orders.

Published 07 Aug, 2019 12:00am

Exchange

Removal of encroachments: SC orders Sindh govt to submit report

Supreme Court (SC) on Tuesday ordered Sindh Government to submit the report about removal of encroachment from parks, amenity plots and others places in two months after the court showed its displeasure over failure of authorities to implement its orders.

Published 07 Aug, 2019 12:00am

Karachi & Lahore ports, airports: FBR officials deployed to monitor tax collection at import stage

Federal Board of Revenue (FBR) has deployed its officials at Karachi & Lahore ports and airports to monitor the tax collection at import stage from the importers, dealing in retails goods. According to the notification issued here, the FBR has posted its

Published 07 Aug, 2019 12:00am

Karachi & Lahore ports, airports: FBR officials deployed to monitor tax collection at import stage

Federal Board of Revenue (FBR) has deployed its officials at Karachi & Lahore ports and airports to monitor the tax collection at import stage from the importers, dealing in retails goods. According to the notification issued here, the FBR has posted its

Published 07 Aug, 2019 12:00am

Karachi & Lahore ports, airports: FBR officials deployed to monitor tax collection at import stage

Federal Board of Revenue (FBR) has deployed its officials at Karachi & Lahore ports and airports to monitor the tax collection at import stage from the importers, dealing in retails goods. According to the notification issued here, the FBR has posted its

Published 07 Aug, 2019 12:00am

Israel advances plans for more than 2,300 settlement homes

Israel has advanced plans for more than 2,300 settlement homes in the occupied West Bank, the latest in a surge of such approvals since US President Donald Trump took office, an NGO said Tuesday. A defence ministry planning committee issued the approvals

Published 07 Aug, 2019 12:00am

Israel advances plans for more than 2,300 settlement homes

Israel has advanced plans for more than 2,300 settlement homes in the occupied West Bank, the latest in a surge of such approvals since US President Donald Trump took office, an NGO said Tuesday. A defence ministry planning committee issued the approvals

Published 07 Aug, 2019 12:00am

Exchange

Financial institutions: SBP to disclose significant enforcement actions

The State Bank of Pakistan (SBP) has decided to disclose significant enforcement actions against the financial institutions for further improving the transparency and discipline. According to a circular issued Tuesday, enforcement actions are an integral

Published 07 Aug, 2019 12:00am

Exchange

Financial institutions: SBP to disclose significant enforcement actions

The State Bank of Pakistan (SBP) has decided to disclose significant enforcement actions against the financial institutions for further improving the transparency and discipline. According to a circular issued Tuesday, enforcement actions are an integral

Published 07 Aug, 2019 12:00am

Exchange

Financial institutions: SBP to disclose significant enforcement actions

The State Bank of Pakistan (SBP) has decided to disclose significant enforcement actions against the financial institutions for further improving the transparency and discipline. According to a circular issued Tuesday, enforcement actions are an integral

Published 07 Aug, 2019 12:00am

Who's behind display of such banners?

Despite unprecedented security arrangements in the federal capital, a number of banners supporting India's Kashmir decision appeared surreptitiously on different roads on Tuesday. The district administration took notice of the matter after pictures and vi

Published 07 Aug, 2019 12:00am

Who's behind display of such banners?

Despite unprecedented security arrangements in the federal capital, a number of banners supporting India's Kashmir decision appeared surreptitiously on different roads on Tuesday. The district administration took notice of the matter after pictures and vi

Published 07 Aug, 2019 12:00am

Three US tourists die in Caribbean drowning tragedy

Three American tourists have drowned in the Turks and Caicos Islands after apparently getting caught in a fast-moving tide fueled by high winds, authorities and local residents said Tuesday. The victims - two men and a woman - were from two families from

Published 07 Aug, 2019 12:00am

Cabinet to further discuss ECC''s RLNG decision today

The Economic Coordination Committee (ECC) of the Cabinet has set stringent conditions for LNG terminals to allocate additional capacity of Re-gasified Liquefied Natural Gas (RLNG) to third parties on commercial basis, sources close to Prime Minister''s Sp

Published 07 Aug, 2019 12:00am

Cabinet to further discuss ECC's RLNG decision today

The Economic Coordination Committee (ECC) of the Cabinet has set stringent conditions for LNG terminals to allocate additional capacity of Re-gasified Liquefied Natural Gas (RLNG) to third parties on commercial basis, sources close to Prime Minister's Spe

Published 07 Aug, 2019 12:00am

Cabinet to further discuss ECC's RLNG decision today

The Economic Coordination Committee (ECC) of the Cabinet has set stringent conditions for LNG terminals to allocate additional capacity of Re-gasified Liquefied Natural Gas (RLNG) to third parties on commercial basis, sources close to Prime Minister's Spe

Published 07 Aug, 2019 12:00am

Nepra approves refund of over Rs 1 billion to Discos consumers

National Electric Power Regulatory Authority (Nepra) on Tuesday approved a refund of over Rs 1 billion (Paisa 09 per unit) to consumers of Discos for June 2019 over charged in June 2019. The decision was taken by the Nepra Authority presided over by recen

Published 07 Aug, 2019 12:00am

Nepra approves refund of over Rs 1 billion to Discos consumers

National Electric Power Regulatory Authority (Nepra) on Tuesday approved a refund of over Rs 1 billion (Paisa 09 per unit) to consumers of Discos for June 2019 over charged in June 2019. The decision was taken by the Nepra Authority presided over by recen

Published 07 Aug, 2019 12:00am

Nepra approves refund of over Rs 1 billion to Discos consumers

National Electric Power Regulatory Authority (Nepra) on Tuesday approved a refund of over Rs 1 billion (Paisa 09 per unit) to consumers of Discos for June 2019 over charged in June 2019. The decision was taken by the Nepra Authority presided over by recen

Published 07 Aug, 2019 12:00am

The Weather

The weather report on Tuesday (August 06, 2019) and the forecast for Wednesday (August 07, 2019).

Published 07 Aug, 2019 12:00am

Exchange

Hafeez tells US team: Efforts afoot to implement FATF action plan

Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Tuesday that efforts are being made for implementation of Financial Action Task Force (FATF) Action Plan to enhance effectiveness of Anti-Money Laundering (AML)/Counter Terror Financing (

Published 07 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Exchange

Hafeez tells US team: Efforts afoot to implement FATF action plan

Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh said on Tuesday that efforts are being made for implementation of Financial Action Task Force (FATF) Action Plan to enhance effectiveness of Anti-Money Laundering (AML)/Counter Terror Financing (

Published 07 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Taliban threaten Afghan presidential elections

The Taliban warned Afghans on Tuesday to keep away from election rallies and ordered its fighters to "stand against" the planned September vote. The threat came as fresh violence gripped Afghanistan, including a bicycle bombing in Kabul that killed five p

Published 07 Aug, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 07 Aug, 2019 12:00am

Taliban threaten Afghan presidential elections

The Taliban warned Afghans on Tuesday to keep away from election rallies and ordered its fighters to "stand against" the planned September vote. The threat came as fresh violence gripped Afghanistan, including a bicycle bombing in Kabul that killed five p

Published 07 Aug, 2019 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 07 Aug, 2019 12:00am

Exchange

KSE-100 Index sheds more weight: BRIndex100 stays bearish

Pakistan Stock Exchange Tuesday witnessed a bearish trend as investors adopted a cautious approach over geopolitical situation. BRIndex100 lost 18.54 points or 0.57 percent to close at 3,235.77 points. BRIndex100 touched intraday high of 3,254.31 and intr

Published 07 Aug, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

Exchange

KSE-100 Index sheds more weight: BRIndex100 stays bearish

Pakistan Stock Exchange Tuesday witnessed a bearish trend as investors adopted a cautious approach over geopolitical situation. BRIndex100 lost 18.54 points or 0.57 percent to close at 3,235.77 points. BRIndex100 touched intraday high of 3,254.31 and intr

Published 07 Aug, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (August 06, 2019)

Published 07 Aug, 2019 12:00am

Exchange

KSE-100 Index sheds more weight: BRIndex100 stays bearish

Pakistan Stock Exchange Tuesday witnessed a bearish trend as investors adopted a cautious approach over geopolitical situation. BRIndex100 lost 18.54 points or 0.57 percent to close at 3,235.77 points. BRIndex100 touched intraday high of 3,254.31 and intr

Updated 07 Aug, 2019 04:39am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

China might escort ships in Gulf under US proposal

China might escort Chinese commercial vessels in Gulf waters under a US proposal for a maritime coalition to secure oil shipping lanes following attacks on tankers, its envoy to the United Arab Emirates said on Tuesday. "If there happens to be a very unsa

Published 07 Aug, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (August 06, 2019).

Published 07 Aug, 2019 12:00am

China might escort ships in Gulf under US proposal

China might escort Chinese commercial vessels in Gulf waters under a US proposal for a maritime coalition to secure oil shipping lanes following attacks on tankers, its envoy to the United Arab Emirates said on Tuesday. "If there happens to be a very unsa

Published 07 Aug, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

Most Popular