News Archives for Print - 2019-08-18

Cabinet meetings: Ministries told to come up with welfare plans: PM

Prime Minister Imran Khan Saturday said all the ministries have been asked to come up in every cabinet meeting with one measure to be taken by them to improve the life of common man. Addressing the launching ceremony of Sehat Insaf Cards for special perso

Published 18 Aug, 2019 12:00am

Cabinet meetings: Ministries told to come up with welfare plans: PM

Prime Minister Imran Khan Saturday said all the ministries have been asked to come up in every cabinet meeting with one measure to be taken by them to improve the life of common man. Addressing the launching ceremony of Sehat Insaf Cards for special perso

Published 18 Aug, 2019 12:00am

Gas projects: ISGS invites proposals for consultancy services

Inter State Gas Systems (Pvt) Limited (ISGS) has invited sealed proposals from experienced international/local consultancy firms for provision of commercial consultancy services with respect to commercial/financial aspect of its long-term gas import and i

Published 18 Aug, 2019 12:00am

Gas projects: ISGS invites proposals for consultancy services

Inter State Gas Systems (Pvt) Limited (ISGS) has invited sealed proposals from experienced international/local consultancy firms for provision of commercial consultancy services with respect to commercial/financial aspect of its long-term gas import and i

Published 18 Aug, 2019 12:00am

Gas projects: ISGS invites proposals for consultancy services

Inter State Gas Systems (Pvt) Limited (ISGS) has invited sealed proposals from experienced international/local consultancy firms for provision of commercial consultancy services with respect to commercial/financial aspect of its long-term gas import and i

Published 18 Aug, 2019 12:00am

Steps firmed up to further internationalise Kashmir issue

Foreign Minister Shah Mahmood Qureshi on Saturday said India went all out to stop United Nations Security Council (UNSC) consultative meeting on Kashmir but failed, while Pakistan achieved a milestone in its history. "Yesterday, we achieved a milestone wh

Published 18 Aug, 2019 12:00am

Steps firmed up to further internationalise Kashmir issue

Foreign Minister Shah Mahmood Qureshi on Saturday said India went all out to stop United Nations Security Council (UNSC) consultative meeting on Kashmir but failed, while Pakistan achieved a milestone in its history. "Yesterday, we achieved a milestone wh

Published 18 Aug, 2019 12:00am

Exchange

Some phones lines restored in IoK

Seventeen out of around 100 telephone exchanges were restored Saturday in the restive Kashmir Valley, the local police chief told AFP, after an almost two-week communications blackout. New Delhi cut landlines, mobile phones and the internet in early Augus

Published 18 Aug, 2019 12:00am

Exchange

Some phones lines restored in IoK

Seventeen out of around 100 telephone exchanges were restored Saturday in the restive Kashmir Valley, the local police chief told AFP, after an almost two-week communications blackout. New Delhi cut landlines, mobile phones and the internet in early Augus

Published 18 Aug, 2019 12:00am

Shopping centres, retail outlets: FBR launching major anti-smuggling drive from September 1

The special joint teams of the Federal Board of Revenue (FBR) will launch a major anti-smuggling drive from September 1, 2019 at major shopping centres and large retail outlets in all major cities to verify import documents of foreign goods available in t

Published 18 Aug, 2019 12:00am

Shopping centres, retail outlets: FBR launching major anti-smuggling drive from September 1

The special joint teams of the Federal Board of Revenue (FBR) will launch a major anti-smuggling drive from September 1, 2019 at major shopping centres and large retail outlets in all major cities to verify import documents of foreign goods available in t

Published 18 Aug, 2019 12:00am

Shopping centres, retail outlets: FBR launching major anti-smuggling drive from September 1

The special joint teams of the Federal Board of Revenue (FBR) will launch a major anti-smuggling drive from September 1, 2019 at major shopping centres and large retail outlets in all major cities to verify import documents of foreign goods available in t

Published 18 Aug, 2019 12:00am

Iran tanker in limbo off Gibraltar as US issues warrant

A last-minute US warrant to seize an Iranian oil tanker preparing to leave Gibraltar after weeks of detention cast doubt over its departure on Saturday, prolonging a diplomatic spat between Tehran, London and Washington. The US Justice Department alleged

Published 18 Aug, 2019 12:00am

Iran tanker in limbo off Gibraltar as US issues warrant

A last-minute US warrant to seize an Iranian oil tanker preparing to leave Gibraltar after weeks of detention cast doubt over its departure on Saturday, prolonging a diplomatic spat between Tehran, London and Washington. The US Justice Department alleged

Published 18 Aug, 2019 12:00am

Iran tanker in limbo off Gibraltar as US issues warrant

A last-minute US warrant to seize an Iranian oil tanker preparing to leave Gibraltar after weeks of detention cast doubt over its departure on Saturday, prolonging a diplomatic spat between Tehran, London and Washington. The US Justice Department alleged

Published 18 Aug, 2019 12:00am

Exchange

Taliban say killing of leader's brother will not derail US talks

Afghan Taliban officials said on Saturday the killing of the brother of their leader in a bomb attack would not derail talks with the United States aimed at securing the withdrawal of US troops after 18 years of war. Taliban leader Haibatullah Akhundzada

Published 18 Aug, 2019 12:00am

Exchange

Taliban say killing of leader's brother will not derail US talks

Afghan Taliban officials said on Saturday the killing of the brother of their leader in a bomb attack would not derail talks with the United States aimed at securing the withdrawal of US troops after 18 years of war. Taliban leader Haibatullah Akhundzada

Published 18 Aug, 2019 12:00am

Composition of SJC challenged

The Supreme Court has been urged to declare that Supreme Judicial Council, hearing references against Justice Qazi Faez Isa and Justice KK Agha, cannot consist of those members against whom references are pending. Abid Hassan Minto, a senior Supreme Court

Published 18 Aug, 2019 12:00am

Composition of SJC challenged

The Supreme Court has been urged to declare that Supreme Judicial Council, hearing references against Justice Qazi Faez Isa and Justice KK Agha, cannot consist of those members against whom references are pending. Abid Hassan Minto, a senior Supreme Court

Published 18 Aug, 2019 12:00am

China unveils reform to help firms borrow more cheaply

China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States. The People's Bank of China (PBOC) said it will i

Published 18 Aug, 2019 12:00am

China unveils reform to help firms borrow more cheaply

China's central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States. The People's Bank of China (PBOC) said it will i

Published 18 Aug, 2019 12:00am

China unveils reform to help firms borrow more cheaply

China''s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States. The People''s Bank of China (PBOC) said it will

Published 18 Aug, 2019 12:00am

Sudan generals, protest leaders sign transition deal

Sudan's military council and protest leaders on Saturday signed a hard-won "constitutional declaration" that paves the way for a transition to civilian rule. The agreement was signed by Mohamed Hamdan Daglo, deputy chief of the military council, and Ahmed

Published 18 Aug, 2019 12:00am

Sudan generals, protest leaders sign transition deal

Sudan's military council and protest leaders on Saturday signed a hard-won "constitutional declaration" that paves the way for a transition to civilian rule. The agreement was signed by Mohamed Hamdan Daglo, deputy chief of the military council, and Ahmed

Published 18 Aug, 2019 12:00am

All seven victims of land sliding laid to rest

All seven victims of a terrible land sliding in remote village Akhore Ban in Hajeera tehsil of Rawalakot district were laid to rest on Saturday afternoon after their bodies were recovered from the debris as a result of hectic relief and rescue operation.

Published 18 Aug, 2019 12:00am

One-person protests in Moscow for free elections

Russian opposition activists held one-person protests in Moscow Saturday to demand free elections, as the wave of the Russian capital's larger demonstrations took a breather this weekend.

Published 18 Aug, 2019 12:00am

North Korea's Kim supervised 'new weapon' test again

North Korean leader Kim Jong Un once again supervised a "new weapon" launch, state media said Saturday, complicating efforts at denuclearisation ahead of next week's visit to Seoul by the US envoy to Pyongyang. Friday's launch was the North's sixth test i

Published 18 Aug, 2019 12:00am

French waiter shot dead for being 'too slow with sandwich'

A customer shot a waiter dead at an eatery on the outskirts of Paris, apparently enraged at being made to wait for a sandwich, a source close to the investigation said Saturday.

Published 18 Aug, 2019 12:00am

Exchange

Aamir Khan made SECP Chairman

The federal government here on Saturday issued a notification, appointing Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The federal cabinet, earlier in its meeting held on August 9, 2019 had app

Published 18 Aug, 2019 12:00am

Exchange

Aamir Khan made SECP Chairman

The federal government here on Saturday issued a notification, appointing Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The federal cabinet, earlier in its meeting held on August 9, 2019 had app

Published 18 Aug, 2019 12:00am

Exchange

Aamir Khan made SECP Chairman

The federal government here on Saturday issued a notification, appointing Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The federal cabinet, earlier in its meeting held on August 9, 2019 had app

Published 18 Aug, 2019 12:00am

Yemen rebel attack sparks fire in Saudi gas plant: Aramco

An attack claimed by Yemeni rebels sparked a fire in a Saudi gas plant Saturday but caused no casualties or disruption to production, state-owned energy company Saudi Aramco said. "Saudi Aramco's response team controlled a limited fire this morning at the

Published 18 Aug, 2019 12:00am

Yemen rebel attack sparks fire in Saudi gas plant: Aramco

An attack claimed by Yemeni rebels sparked a fire in a Saudi gas plant Saturday but caused no casualties or disruption to production, state-owned energy company Saudi Aramco said. "Saudi Aramco's response team controlled a limited fire this morning at the

Published 18 Aug, 2019 12:00am

Yemen rebel attack sparks fire in Saudi gas plant: Aramco

An attack claimed by Yemeni rebels sparked a fire in a Saudi gas plant Saturday but caused no casualties or disruption to production, state-owned energy company Saudi Aramco said. "Saudi Aramco''s response team controlled a limited fire this morning at th

Published 18 Aug, 2019 12:00am

Rival rallies as Hong Kong's divisions deepen

Hong Kong democracy activists kicked off a weekend of fresh rallies on Saturday in a major test for the movement following criticism over an airport protest earlier this week - and as concerns mount over Beijing's next move. The new marches came as thousa

Published 18 Aug, 2019 12:00am

Rival rallies as Hong Kong's divisions deepen

Hong Kong democracy activists kicked off a weekend of fresh rallies on Saturday in a major test for the movement following criticism over an airport protest earlier this week - and as concerns mount over Beijing's next move. The new marches came as thousa

Published 18 Aug, 2019 12:00am

Currency

Banks and DFIs: SBP fixes max Rs 0.8 million limit for BoDs remuneration

The State Bank of Pakistan has fixed the maximum limit of remuneration at Rs 800,000 to be paid to the board members of banks and DFIs. While, amending the Para 2 of Section 'C' of Prudential Regulation G-1, which inter-alia deals with the remuneration of

Published 18 Aug, 2019 12:00am

Currency

Banks and DFIs: SBP fixes max Rs 0.8 million limit for BoDs remuneration

The State Bank of Pakistan has fixed the maximum limit of remuneration at Rs 800,000 to be paid to the board members of banks and DFIs. While, amending the Para 2 of Section 'C' of Prudential Regulation G-1, which inter-alia deals with the remuneration of

Published 18 Aug, 2019 12:00am

Currency

Banks and DFIs: SBP fixes max Rs 0.8 million limit for BoDs remuneration

The State Bank of Pakistan has fixed the maximum limit of remuneration at Rs 800,000 to be paid to the board members of banks and DFIs. While, amending the Para 2 of Section ''C'' of Prudential Regulation G-1, which inter-alia deals with the remuneration

Published 18 Aug, 2019 12:00am

Exchange

External borrowings

External borrowings of the country have continued to rise over the last few years but the present government claims to have improved the situation somewhat during its tenure. Speaking in the National Assembly on 8th August, 2019, Minister for Economic Aff

Updated 19 Aug, 2019 06:25am

Modi's fallacious Worldview

Narendra Modi couldn't be more fallacious than what he was in his speech that he made from the ramparts of Red Fort on the occasion of his country's Independence Day ['Black Day'] on Thursday - ironically, he takes shelter under the Mughal glory when his

Updated 19 Aug, 2019 06:25am

Currency

Think fiscal discipline

The SBP is running by design a policy of demand compression to shrink current account deficit. The SBP Governor is saying this to analyst community that bringing the CAD down is the main consideration and it will be done, no matter what it takes. The poli

Published 18 Aug, 2019 12:00am

Race to remember Berlin Wall victims, 30 years on

Where guard towers and barbed wire once stood, runners will this weekend pound the 100-mile (160 kilometre) path along the former Berlin Wall in a race with victims of the Cold War relic at its heart. On Saturday at 6:00 am (0400 GMT), around 500 individu

Published 18 Aug, 2019 12:00am

Exchange

Greenland isn't for sale but it is increasingly valuable

President Donald Trump's reported wish to buy Greenland may have been rejected by Denmark, but it underscores the rapidly rising value of the massive, ice-covered island due to global warming and to China's drive for an Arctic presence. The accelerating p

Published 18 Aug, 2019 12:00am

PIA pensioners

The management of PIA has recently increased pension of its employees. The board of directors in their meeting held on May 2ndapproved the said increase. According to a notification in this regard, 25% increase has been approved for the pensions being dra

Published 18 Aug, 2019 12:00am

President confers military awards on Pakistan Navy officers

President of Pakistan Dr Arif Alvi conferred military medals and honours upon valiant sons of the soil for their remarkable performance during recent standoff. During post Pulwama standoff, Indian Navy deviously deployed its submarine against Pakistan.

Published 18 Aug, 2019 12:00am

Landslide claims seven lives in Azad Kashmir

At least seven persons, mostly children, were killed while six others injured in a landslide incident in Hajira, Azad Kashmir amid heavy rainfall early Saturday. The landsliding incident at Village Pothi Chhaprian, Hiloti of Hajira, AJK amid heavy rainfal

Published 18 Aug, 2019 12:00am

Modi's stupidity makes Kashmir dispute alive: Rashid

Federal Minister for Railways Sheikh Rashid said the nation will fight till the last drop of their blood for Kashmir. He said Modi's stupidity has once again made the Kashmir dispute alive. Talking to media in London, he said the message from PM Imran Kha

Published 18 Aug, 2019 12:00am

Man sent on judicial remand for hoisting Afghan flag

A Peshawar court Saturday sent an Afghan national on 14 days' judicial remand to jail in a case of hoisting Afghanistan national flag to provoke people. Police had produced the Afghan citizen in local court, arrested on charges of displaying his country's

Published 18 Aug, 2019 12:00am

Ahad Cheema's judicial remand extended

An accountability court extended judicial remand of former director general Lahore Development Authority (LDA) Ahad Khan Cheema and two others till August 29 in LDA City scam. Cheema was brought to the court by the jail officials while other suspects Asif

Published 18 Aug, 2019 12:00am

Army to fight 'to the last bullet and the last soldier': ISPR

Amid escalating tension with India in the wake of August 5 illegal actions of Modi government, Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor Saturday reiterated that Pakistan armed forces will fight 'to the last bullet

Published 18 Aug, 2019 12:00am

FO boasts of achievements of its last one year's policies

The Foreign Office on Saturday issued the foreign policy achievements of the incumbent PTI government, claiming to have improved the image and standing of the country globally and regionally during the past one year, besides increased investment inflows.

Published 18 Aug, 2019 12:00am

Government urged to strengthen institutional protection of minority rights

CSJ and PCMR in collaboration with local rights-based organizations included Ministry for Human Rights and Minorities Affairs, Government of Punjab, National Commission for Justice and Peace, Cecil and Iris Chaudhry Foundation and Ajoka Theatre observed t

Published 18 Aug, 2019 12:00am

CDA completes H-11 graveyard (phase-III) development work

Capital Development Authority (CDA) has completed phase-III of development of H-11 graveyard. The project has been completed at a cost of Rs 17.7 million. After completion of work, the site soon will be handed over to Metropolitan Corporation Islamabad. U

Published 18 Aug, 2019 12:00am

PIA's post-Hajj operation begins

The Pakistan International Airlines' (PIA) post-Hajj operation to bring back Hajj pilgrims from Saudi Arabia began on Saturday. According to the details, PIA's first post-Hajj flight PK-8702 with 166 pilgrims on board landed at Jinnah International Airpor

Published 18 Aug, 2019 12:00am

Rs 80 million donations collected for 'Clean Karachi' drive: Zaidi

Federal Minister Maritime Affairs Ali Hyder Zaidi on Saturday reiterated the resolve to clean Karachi completely come what may and revealed that more than Rs 80 million has been collected in donations for "Clean Karachi" drive. Sindh Minister for Local Go

Published 18 Aug, 2019 12:00am

Ghani directs for draining out rainwater from roads, streets

Sindh Minister for Information & Archives and Labor Saeed Ghani taking serious notice of the accumulated rain water in Karachi Administration Employees Co-operative Housing Society has directed the concerned authorities for its instant drainage. He issued

Published 18 Aug, 2019 12:00am

Ismail terms UNSC session a diplomatic success

Governor Sindh Imran Ismail on Saturday said that issue of Kashmir had become very serious. Talking to media the Governor Sindh said that session of United Nations Security Council (UNSC) on Kashmir after 50 years was landmark diplomatic achievement of th

Published 18 Aug, 2019 12:00am

No fresh monsoon system expected in Karachi: PMD

Pakistan Meteorological Department (PMD) predicted partly cloudy to cloudy weather in Karachi on Saturday with chances of light rain or drizzle late night and early morning. No new monsoon system will affect Karachi and southern parts of Sindh in next 10

Published 18 Aug, 2019 12:00am

Exchange

Reserves up by $557 million on ADB inflow

The country's total liquid foreign exchange reserves rose by $557 million during last week following the arrival of official inflow from the Asian Development Bank. According to the State Bank of Pakistan (SBP), Pakistan's total liquid foreign exchange re

Published 18 Aug, 2019 12:00am

Murad attends Soyem of Malik Sikandar's mother

Chief Minister Sindh Syed Murad Ali Shah after attending the fateha soyyam of PPP leader Malik Asad Sikandar's mother at Jamshoro, in a media talk has said that he came here to condole with Malik Asad Sikandar, Malik Sikandar and my father were friends an

Published 18 Aug, 2019 12:00am

BNP's Nawab Amanullah Zehri killed in firing in Khuzdar

Balochistan National Party (BNP) leader Mir Nawab Amanullah Zehri was shot dead in Khuzdar, Balochistan late Friday night. Zehri's grandson and two other friends were also gunned down in the incident, Levies personnel said. BNP President and Member Nation

Published 18 Aug, 2019 12:00am

Funds under Karachi package not yet released

The federal government didn't release a single penny for the development projects of road infrastructure and mass-transit of city under Karachi Package so far during the current financial year, official data shows. According to details of releases of Publ

Published 18 Aug, 2019 12:00am

Cotton

Met department warns cotton farmers of worm attack

The Met Office on Saturday warned the farmers of a worm attack on cotton crop, asking them for steps to protect the production. It attributed a higher temperature for the worm attack, saying that the farmers should take adoptive measures in consultancy wi

Published 18 Aug, 2019 12:00am

Efforts afoot to promote art and culture in country: Alvi

President Dr Arif Alvi says the government is taking steps to promote art and culture in the country. He was addressing inaugural ceremony of a painting exhibition by eminent artist Jimmy Engineer at Aiwan-e-Sadr in Islamabad on Saturday. The President sa

Published 18 Aug, 2019 12:00am

Full potential of GSP plus not being availed by exporters, says ex-PIAF chief

Pakistan Industrial and Traders Associations Front (PIAF) former chairman Irfan Iqbal Sheikh has expressed his serious concern for not availing full potential of Generalized System of Preferences Plus (GSP plus), which is yet to be achieved despite the fa

Published 18 Aug, 2019 12:00am

Urban forest planned for Faisalabad

Following the 10 billion tree Tsunami program, the district administration has plan to establish urban forest around the city and comprehensive strategy is being devised for planting a number of trees and their nourishment. This was disclosed during a mee

Published 18 Aug, 2019 12:00am

PFD to release wheat to flour mills tomorrow

Punjab Food Department (PFD) will start issuing wheat to flour mills from Monday (tomorrow) at the rate of Rs 1375 per 40 kilograms (including the cost of bardana) to ensure uninterrupted supply of wheat flour to the masses on a fair price.

Published 18 Aug, 2019 12:00am

Punjab Sports Board scam: Judicial remand of six accused extended

An accountability court on Saturday extended judicial remand of six suspects including former director general Punjab Sports Board Usman Anwar till August 24 in an alleged corruption case of Punjab Youth Festivals. The suspects include Ahsanul Haq, Muhamm

Published 18 Aug, 2019 12:00am

The Guardian of Pakistan - General Akhtar Abdul Rahman Khan

17th of August 1988 was one of the darkest days in the history of Pakistan. It is the day when 29 high-level military officers, including the Chief of Army Staff, General Zia-ul-Haq and Joint Chief of Staff General Akhtar Abdul Rahman, were assassinated a

Published 18 Aug, 2019 12:00am

More rains forecast for Lahore in next 24 hours

Scattered spells of rain continued for the second consecutive day in the city amidst a fresh forecast of the Met office that rains would continue for another 24 hours. Torrential rain in major parts of the city cooled down the weather and the citizens too

Published 18 Aug, 2019 12:00am

JI flays BJP government for its threat of using atom bomb

Jamaat-e-Islami Chief Sirajul Haq has said that Indian fascist tactics and threats about the use of atom bomb have badly exposed the BJP government's war hysteria.

Published 18 Aug, 2019 12:00am

Floods feared in all major rivers of Punjab: PDMA

Provincial Disaster Management Commission (PDMA) issues flood alerts throughout the rivers in the province. According to details, floods are feared in rivers, Chenab, Ravi, Sutlej, Beas and Jehlum within the next 72 hours. The commission also directed the

Published 18 Aug, 2019 12:00am

Exchange

Government lauded for narrowing trade deficit

As the government is going to complete its one year in power the Friends of Economic and Business Reforms (FEBR) has hailed it for managing to narrow down the trade deficit by over 15 percent to around $32 billion in 2018-19 mainly due to drop in import f

Published 18 Aug, 2019 12:00am

India against Kartarpur Corridor project: Sarwar

Governor Punjab Chaudhry Muhammad Sarwar on Saturday said that India is against the Afghan peace process and Kartarpur Corridor project; but Pakistan will complete the project before the 550th celebrations of Baba Guru Nanak Dev.

Published 18 Aug, 2019 12:00am

Tree plantation drive begins in KP today

Chief Minister Khyber Pakhtunkhwa Mahmood Khan will formally launch 'Plant for Pakistan Drive in Khyber Pakhtunkhwa today at Shahkas Area (Adjacent to Masood Scouts) of District Khyber under which 5 million saplings will be planted throughout the province

Published 18 Aug, 2019 12:00am

PM for creating awareness about climate change issues

Prime Minister Imran Khan has directed for inclusion of every segment in the steps being taken to protect environment and deal with challenges of climate change.

Published 18 Aug, 2019 12:00am

Exchange

Babar Awan felicitates PM on diplomatic victory in UNSC

Prime Minister of Pakistan Imran Khan met PTI member Babar Awan to exchange ideas and seek counsel on constitutional, political and lawful matters, as well as Kashmir issue. Awan called on the Prime Minister and congratulated him on presenting the plight

Published 18 Aug, 2019 12:00am

Minor boy tortured to death by citizens over alleged robbery

A minor boy reportedly aged below 15 years was died due to inhumane torture of citizens over alleged robbery in Kokan housing society of Karachi, a private news channel reported on Saturday. Police officials have arrested two persons over the alleged invo

Published 18 Aug, 2019 12:00am

Nepra to probe into electrocution deaths, power outages in Karachi

The National Electric Power Regulatory Authority (Nepra) has launched a formal investigation against Karachi's power utility, K-Electric over fatal incidents and widespread outages during the recent heavy rainfall. Recent monsoon rains caused havoc due to

Published 18 Aug, 2019 12:00am

CEC set to retire in less than four months

Fear of Election Commission of Pakistan becoming inactive has been prevailing as incumbent Chief Election Commission (CEC) Justice Sardar Muhammad Raza Khan is also set to retire in less than four months after two others members retired earlier this year.

Published 18 Aug, 2019 12:00am

Mega corruption cases to be taken to logical end: NAB chairman

National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal here on Saturday reiterated the commitment that the anti-graft watchdog will take the mega corruption and white collar cases to their logical conclusion. Chairing a high-level meetin

Published 18 Aug, 2019 12:00am

PM to visit Lahore today

Prime Minister Imran Khan will visit Lahore today and is expected to hold meetings with Punjab's governor and chief minister. During his visit, Prime Minister Imran Khan will chair a meeting of the provincial cabinet. It is also expected that the prime mi

Published 18 Aug, 2019 12:00am

Modi's crimes against humanity in IoK: Rehman urges Qureshi to raise the issue at UN

Senate Standing Committee on Interior Chairman Senator Rehman Malik Saturday wrote a letter to the Foreign Minister Shah Mehmood Qureshi, urging him to move the United Nations against Indian Prime Minister Narendra Modi for his crimes against humanity in

Published 18 Aug, 2019 12:00am

Belgian tourists impressed by scenic beauty of G-B valleys

A group of Belgian tourists after exploring the scenic beauty of the valleys of Gilgit-Baltistan said more foreign tourists should come to Pakistan as it was a land full of wonders with its amazing natural attractions and unexplored mountains and valleys.

Published 18 Aug, 2019 12:00am

PZM holds rally against Indian brutalities in IoK

Pakistan Zindabad Movement (PZM) Saturday took out a big rally to condemn Indian atrocities in the occupied Kashmir and demanded of the world community and the Islamic countries to take notice of human rights violation against people of Indian held Kashmi

Published 18 Aug, 2019 12:00am

'World must take notice of Rajnath Singh's irresponsible statement'

Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan on Saturday stated that the United Nations Security Council's (UNSC) meeting on Kashmir has proved that Kashmir is considered as a disputed territory at the inte

Published 18 Aug, 2019 12:00am

Woman among five killed over marriage feud in Larkana

At least five people including a woman were killed in firing over marriage feud here on Saturday, police said. According to details, the incident took place in Yar Muhammad Colony of Larkana where armed men barge into house of rivals with whom they were i

Published 18 Aug, 2019 12:00am

Prices of essential kitchen items witness slump

Prices of essential kitchen items, especially perishable items, witnessed a reduction during this week as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.

Published 18 Aug, 2019 12:00am

Exchange

African currencies week ahead: Kenya, Tanzania shillings, Zambia kwacha to hold steady

Kenya's and Tanzania's shillings are expected to hold steady against the dollar in the next week to Thursday, as will Zambia's kwacha, traders said.

Published 18 Aug, 2019 12:00am

Currency

Canadian dollar trims decline as investors buy stocks

The Canadian dollar strengthened against its US counterpart on Friday, with the currency rebounding from an eight-day low it hit the previous session as investor appetite for risk increased. Global stocks gained as a waning bond rally and news of potentia

Published 18 Aug, 2019 12:00am

Exchange

New York regulator approves Bakkt trust license

Bakkt Trust Co LLC has been granted a license to operate as a limited liability trust company, the New York State Department of Financial Services said on Friday. Bakkt is a cryptocurrency platform affiliate of Intercontinental Exchange Inc, which also ow

Published 18 Aug, 2019 12:00am

Currency

Dollar flat on soft consumer sentiment, possible German stimulus

The dollar ended roughly flat on Friday, retracing the morning's move higher, after worries tied to trade tensions and a Federal Reserve rate cut weighed on consumer sentiment and a report that Germany may run a deficit to boost growth lifted the euro. Ge

Published 18 Aug, 2019 12:00am

Currency

Speculators trim long dollar bets

Speculators cut their bullish bets on the US dollar in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long position, derived from net positions of Inter

Published 18 Aug, 2019 12:00am

Exchange

Trade tensions and a weaker yuan drive Chinese crypto demand

Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said. Exchanges, researchers and brokers told Reuters they have seen an uptick i

Published 18 Aug, 2019 12:00am

Currency

From tsunami to ripples: other emerging markets surf Argentina's latest shock

Argentina's latest financial market shock has failed to swamp other emerging markets in the way its previous plunges have done - in part due to the increasing isolation of the country's credit and investments from the rest of the pool. Argentina's economy

Published 18 Aug, 2019 12:00am

Currency

From tsunami to ripples: other emerging markets surf Argentina's latest shock

Argentina's latest financial market shock has failed to swamp other emerging markets in the way its previous plunges have done - in part due to the increasing isolation of the country's credit and investments from the rest of the pool. Argentina's economy

Published 18 Aug, 2019 12:00am

Exchange

Wall Street ends sharply higher on German stimulus optimism

US stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major US stock averages ended the session higher, they

Published 18 Aug, 2019 12:00am

Exchange

Tech-oriented office company WeWork files to go public

Office sharing startup WeWork will be going public after its parent company filed papers Wednesday for a stock sale, despite losing money amid rapid expansion.

Published 18 Aug, 2019 12:00am

Wintershall Dea seeks European IPO in 2020

Newly created oil and gas group Wintershall DEA plans to hold an initial public offering in the second half of the next year, its chief executive told Reuters, in a deal that could become one of the largest European listings in 2020.

Published 18 Aug, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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