News Archives for Print - 2019-08-27

US President Donald Trump said on Monday that India and Pakistan could handle their dispute over Kashmir on their own, but he was there should they need him. The US president has previously offered to mediate between India and Pakistan on Kashmir. Trump d

Published 27 Aug, 2019 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Bilateral talks: 'Then do it,' Trump tells Modi

US President Donald Trump said on Monday that India and Pakistan could handle their dispute over Kashmir on their own, but he was there should they need him. The US president has previously offered to mediate between India and Pakistan on Kashmir. Trump d

Published 27 Aug, 2019 12:00am

Currency

THE RUPEE: slight recovery

The rupee depicted its firmness against the dollar on Monday, as slight recovery was observed on all fronts in the process of trading session, dealers said.

Published 27 Aug, 2019 12:00am

MoU signed between armed forces of China, Pakistan

A high-level Chinese Military delegation headed by General, Vice Chairman of Central Military Commission called on General Chief of Army Staff (CoAS) General Qamar Javed Bajwa at General Headquarters on Monday. In a statement issued by the Inter-Services

Published 27 Aug, 2019 12:00am

Currency

THE RUPEE: slight recovery

The rupee depicted its firmness against the dollar on Monday, as slight recovery was observed on all fronts in the process of trading session, dealers said.

Published 27 Aug, 2019 12:00am

MoU signed between armed forces of China, Pakistan

A high-level Chinese Military delegation headed by General, Vice Chairman of Central Military Commission called on General Chief of Army Staff (CoAS) General Qamar Javed Bajwa at General Headquarters on Monday. In a statement issued by the Inter-Services

Published 27 Aug, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Police in quandary after New Delhi revokes IoK autonomy

Without weapons, riot gear or even clean uniforms, a group of police officers sat on the sidewalk outside a shopfront in occupied Srinagar, the main city in the Himalayan region of Indian- occupied Kashmir, weighing their allegiances.

Published 27 Aug, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Police in quandary after New Delhi revokes IoK autonomy

Without weapons, riot gear or even clean uniforms, a group of police officers sat on the sidewalk outside a shopfront in occupied Srinagar, the main city in the Himalayan region of Indian- occupied Kashmir, weighing their allegiances.

Published 27 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Twitter sends notices to President of Pakistan, others

Twitter has sent notices to President Dr Arif Alvi and Minister for Communi-cations Murad Saeed along with several other politicians for raising voice over the ongoing human rights violations in Indian-Occupied Kashmir.

Published 27 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Twitter sends notices to President of Pakistan, others

Twitter has sent notices to President Dr Arif Alvi and Minister for Communi-cations Murad Saeed along with several other politicians for raising voice over the ongoing human rights violations in Indian-Occupied Kashmir.

Published 27 Aug, 2019 12:00am

Kerb

Pakistan Economic Indicators

Pakistan Economic Indicators - Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Twitter sends notices to President of Pakistan, others

Twitter has sent notices to President Dr Arif Alvi and Minister for Communi-cations Murad Saeed along with several other politicians for raising voice over the ongoing human rights violations in Indian-Occupied Kashmir.

Published 27 Aug, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Kashmir policy at decisive point: PM

Prime Minister Imran Khan has said there is a golden opportunity for the people of Indian Occupied Kashmir to get freedom after the 'historical blunder' committed by Modi's government and, therefore, it is important for the people and government of Pakist

Published 27 Aug, 2019 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Kashmir policy at decisive point: PM

Prime Minister Imran Khan has said there is a golden opportunity for the people of Indian Occupied Kashmir to get freedom after the 'historical blunder' committed by Modi's government and, therefore, it is important for the people and government of Pakist

Published 27 Aug, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Refund claims by textile exporters: Escrow account sought

Textile exporters have requested Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh to intervene for revision of sales tax refund policy for export-oriented sectors and create a dedicated head (escrow account) for refund claims to be

Published 27 Aug, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 26, 2019)

Published 27 Aug, 2019 12:00am

Refund claims by textile exporters: Escrow account sought

Textile exporters have requested Adviser to Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh to intervene for revision of sales tax refund policy for export-oriented sectors and create a dedicated head (escrow account) for refund claims to be

Published 27 Aug, 2019 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Exchange

KSE-100 Index closes in deep red: BRIndex100 nosedives

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a bearish trend. It closed in deep red due to panic selling by local investors. BRIndex100 lost 101.63 points or 3.09 percent to close at 3,186.31 points. BRIndex100 touched intraday high of

Updated 27 Aug, 2019 04:39am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Exchange

KSE-100 Index closes in deep red: BRIndex100 nosedives

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a bearish trend. It closed in deep red due to panic selling by local investors. BRIndex100 lost 101.63 points or 3.09 percent to close at 3,186.31 points. BRIndex100 touched intraday high of

Published 27 Aug, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Exchange

KSE-100 Index closes in deep red: BRIndex100 nosedives

Despite foreign buying, Pakistan Stock Exchange Monday witnessed a bearish trend. It closed in deep red due to panic selling by local investors. BRIndex100 lost 101.63 points or 3.09 percent to close at 3,186.31 points. BRIndex100 touched intraday high of

Published 27 Aug, 2019 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

UN project in Nepal to advance women entrepreneurship

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in partnership with Global Affairs Canada and the government of Nepal, on Monday held a national consultation in line with a new project to support the growth of women ent

Published 27 Aug, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 26, 2019).

Published 27 Aug, 2019 12:00am

Appointment of two ECP members challenged

After the refusal of chief election commissioner to administer oath from the two newly appointed members of Election Commission of Pakistan (ECP) from Sindh and Balochistan, their appointment has been challenged in Islamabad High Court (IHC).

Published 27 Aug, 2019 12:00am

Exchange

LME official prices

The following were Friday official prices.

Published 27 Aug, 2019 12:00am

Muharram arrangements: religious leaders call on Waseem

As the holy month of Muharram-ul-Haram is fast approaching, the religious leaders and organisers of Majalis expressed dissatisfaction over the poor sanitary conditions at various city neighbourhoods, urging Sindh Solid Waste Management Board (SSWMB) and K

Published 27 Aug, 2019 12:00am

Exchange

LME official prices

The following were Friday official prices.

Published 27 Aug, 2019 12:00am

Fake bank accounts: Judicial remand of Dr Anklesaria extended till September 17

The Accou-ntability Court hearing multibillion rupees fake bank accounts case on Monday extended judicial remand of Dr Dinshaw Anklesaria, an accountant of Park Lane Estate Company allegedly owned by former president Asif Ali Zardari, till September 17. T

Published 27 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 26, 2019).

Updated 27 Aug, 2019 08:15am

Exchange

Park Lane reference: SECP director arrested by NAB

National Accountability Bureau (NAB) has arrested a director of Securities and Exchange Commission of Pakistan (SECP) in connection with the Park Lane reference filed against former president Asif Ali Zardari and others. The officials of NAB produced Dire

Published 27 Aug, 2019 12:00am

7UP wedding expo concludes

The third edition of the biggest wedding expo, 7UP Pakistan Wedding Show successfully concluded in Lahore with an attendance of 60,000 over the two days of the event. At the 7UP PWS 2019, attendees got the chance to avail exciting offers and discounts, fr

Published 27 Aug, 2019 12:00am

'Pakistan Digital Health Day' celebrated

Novartis Pharmaceutical, in collaboration with Pakistan Digital Health Initiative (PDHI) and National Incubation Centre (NIC), organised Pakistan Digital Health Day here in Karachi at NIC. The event was organised in an effort to leverage digital initiativ

Published 27 Aug, 2019 12:00am

PBC's strike call: judicial activities in courts remain suspended

Judicial activities in courts of metropolis remained largely suspended on Monday after lawyers went on strike on the call of Pakistan Bar Council (PBC). PBC gave the call for strike against the references filed against Justice Qazi Faez Isa and Justice K

Published 27 Aug, 2019 12:00am

21st MAP convention tomorrow

The 21st Management Association of Pakistan (MAP) Convention will be held on Wednesday here with the theme "Challenging Times, Winning Strategies." The rich content for the day's proceedings begins with the welcome by the Aamir Jamil Abbasi President MAP

Published 27 Aug, 2019 12:00am

Gold price increases by Rs 450

Gold prices on Monday again reached the previous high of Rs 89,000 per tola with Rs 450 increase on the local market, traders said. The previous metal is now traded for Rs 76,303 per 10 grams with Rs 386 increase as it sold for $1531 an ounce the world ma

Updated 02 Sep, 2019 06:38am

Ghani slams KP CM over anti-Bilawal remarks

Sindh Minister for Information, Archives and Labour, Saeed Ghani in a statement on Monday said the Sindh government had completed a lot of development projects of historical value in Tharparkar on the instructions of Pakistan People's Party (PPP) chairman

Published 27 Aug, 2019 12:00am

KATI hails PM's policies for export promotion

Acting President of Korangi Association of Trade & Industry (KATI) Faraz-ur-Rehman has said that Prime Minister Imran Khan has given the vision for export promotion and to control unnecessary imports, gradually his policies are bringing encouraging result

Published 27 Aug, 2019 12:00am

Exchange

SBP sets up Kassim Parekh Memorial Chair at Gomal 'university

The State Bank of Pakistan (SBP) has established Kassim Parekh Memorial Chair at Gomal University, D I Khan. The State Bank regulates the monetary and credit system of Pakistan in the best national interest with a view to securing monetary stability and f

Published 27 Aug, 2019 12:00am

Arrest warrants for Adil Zaman issued in murder case

An anti-terrorism court issued on Monday non-bailable arrest warrants for the brother of the prime suspect in the Mureed Abbas murder case.

Published 27 Aug, 2019 12:00am

Exchange

Kashmir unfinished agenda of sub-continent's partition plan: NA Speaker tells Britain parliamentarians

Speaker National Assembly Asad Qaiser has said that Kashmir is the unfinished agenda of the partition plan of sub-continent. He urged upon Britain to assert its role for resolution of the Kashmir issue in accordance with the aspiration of people of Kashmi

Published 27 Aug, 2019 12:00am

Modi laying war foundation: governor

Governor Punjab Ch Muhammad Sarwar has said that by inhabiting RSS goons in Kashmir, Narendra Modi is laying the foundation for war. "We are also ready for war and to give India a befitting reply," he said, adding: "World cannot stay irrelevant to Kashmir

Published 27 Aug, 2019 12:00am

Cotton

Rains to have positive impact on major crops' output

Rains at this time of the year will have a positive impact on major kharif crops' production including sugarcane, rice, maize and cotton, agriculturists and Ministry of National Food Security and Research (MNS&R) said.

Updated 02 Sep, 2019 06:04am

24/7 operation at Torkham border will boost economic activities: CM

KP Chief Minister Mahmood Khan on Monday said that Khyber Pakhtunkhwa, especially Peshawar will become a hub of trade and economic activities after 24/7 operations at Torkham border as announced by Prime Minister Imran Khan.

Published 27 Aug, 2019 12:00am

LHC body to decide Judge Malik's fate today

The administration committee headed by the Chief Justice Lahore High Court on Monday discussed the matter of former Islamabad accountability court judge Arshad Malik suspended over a video leak controversy and it would release its decision formally on Tue

Published 27 Aug, 2019 12:00am

Dengue control lab inaugurated at GCU Lahore

A Wolbachia based Dengue Control Laboratory was established here at Government College University, Lahore with a grant of Rs 14.18 million by the Higher Education Commission. VC Professor Dr Hassan Amir Shah along with the senior faculty members inaugurat

Published 27 Aug, 2019 12:00am

FCCI chief welcomes employees

President Faisalabad Chamber of Commerce & Industry (FCCI) Syed Zia Alumdar Hussain has said that Pan Islamism is the basic spirit of Hajj and due to its eternal and divine blessings we could bring positive improvements in our collective lives as well as

Published 27 Aug, 2019 12:00am

Cyber crimes increasing, NA body told; PTA asked to take action against unofficial retailers selling SIM cards

A parliamentary panel was informed on Monday that due to misuse of mobile phone SIMs, the ratio of cyber crimes is increasing in the country as these are allegedly being used in terrorism activities as well.

Published 27 Aug, 2019 12:00am

SMEDA proposes to interlink PGG project with SME initiatives

Small and Medium Enterprises Development Authority (SMEDA) Chief Executive Officer Fuad Hashim Rabbani has proposed to interlink the "Pakistan Go Global" (PGG) Project with SMEDA's SME Development initiatives.

Published 27 Aug, 2019 12:00am

Senate body approves PMDC Ordinance Bill, 2019

The Senate Standing Committee on National Health Services and Regulations has approved the Pakistan Medical & Dental Council (PMDC) Ordinance Bill, 2019. The committee meeting held with Senator Mian Muhammad Ateeq Shaikh in the chair here on Monday wherei

Published 27 Aug, 2019 12:00am

President to inaugurate 7th Pak-China Business Forum-Industrial Expo

President of Pakistan Dr Arif Alvi is likely to inaugurate three-day '7th Pak China Business Forum-Industrial Expo 2019' being held at the Lahore Expo Centre from September 02 to 04, 2019.

Published 27 Aug, 2019 12:00am

NTU signs MoU with AIIA

The National Textile University (NTU) and Asian Institute of Industrial Air (AIIA) Monday signed a Memorandum of Understanding (MoU) to provide the latest facility of "Compressed Air Engineering" to the National Textile University by Asian Institute.

Published 27 Aug, 2019 12:00am

Partly Facetious: Who is Top Cat?

"I have always liked FC who, granted, regards himself as TC..."

Published 27 Aug, 2019 12:00am

Anwar Iqbal joins hands with Regal Automobile Industries

Regal Automobile is a part of the group which is in automobile business, since the year 2005, mainly in two wheeler segment and having annual turnover of Rupees 14 billion. In 2016 Regal Automobile was established with the aim to enter into four wheel bus

Published 27 Aug, 2019 12:00am

AskariBankGreenDay celebrated

AskariBank GreenDay was celebrated at all Askari Bank branches in over 150 cities across Pakistan. Plantation drive was conducted in the branch surroundings that include parks, schools & colleges. Government dignitaries, valued customers and media celebri

Published 27 Aug, 2019 12:00am

Sindh CS for strict security measures during Muharram

As many as 71,000 policemen and 8,000 Paramilitary Rangers would be deployed to maintain law and order during the Muharram-ul-Haram across the province including Karachi. This was informed by Inspector General of Police IGP Sindh, Dr Kaleem Imam at a high

Published 27 Aug, 2019 12:00am

PML-N, PPP refuse to support JUI-F's anti-government plan

A day after Jamiat Ulema-e-Islam Fazl (JUI-F) announced to launch 'Azadi March' to Islamabad in a bid to lock down the federal capital and topple the Pakistan Tehreek-e-Insaf (PTI) government in October, the mainstream opposition parties including Pakista

Published 27 Aug, 2019 12:00am

FBR officials to attend seminar on tax system in China

The Federal Board of Revenue (FBR) has no objection to proceed aboard nine officials of Inland Revenue Service to participate in bilateral seminar 2019 on "Tax System Management for Pakistan" during current month in China. In this regard, the FBR here on

Published 27 Aug, 2019 12:00am

Crackdown against profiteers

The crackdown on profiteers and hoarders has been expedited in the province and 820 persons have been arrested while cases have been registered against 870 persons besides imposition of a fine of Rs 2,737,700 during the current month.

Published 27 Aug, 2019 12:00am

PC briefed on NPPC sell-off

The Privatisation Commission was briefed on privatisation of National Power Parks Company Limited (NPPC) in its steering/transaction meeting held here on Monday. Federal Minister for Privatisation Mohammed Mian Soomro chaired the meeting of the Steering/T

Published 27 Aug, 2019 12:00am

PC briefed on NPPC sell-off

The Privatisation Commission was briefed on privatisation of National Power Parks Company Limited (NPPC) in its steering/transaction meeting held here on Monday. Federal Minister for Privatisation Mohammed Mian Soomro chaired the meeting of the Steering/T

Published 27 Aug, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Stock	Price
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	3.08 ▲ 0.71 (29.96%)
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.17 ▲ 0.67 (26.8%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.18 ▲ 0.58 (22.31%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.84 ▲ 0.33 (21.85%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.38 ▲ 0.96 (21.72%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.49 ▲ 0.44 (21.46%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.64 ▲ 0.74 (18.97%)
Hira Textile / May 12 Hira Textile Mills Limited(HIRAT)	3.25 ▲ 0.51 (18.61%)

Stock	Price
Reliance Weaving / May 12 Reliance Weaving Mills Limited(REWM)	98.10 ▼ -10.9 (-10%)
Apna Microfin. / May 12 Apna Microfinance Bank Limited(AMBL)	9.90 ▼ -1.05 (-9.59%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	103.20 ▼ -8.99 (-8.01%)
Suhail Jute / May 12 Suhail Jute Mills Limited(SUHJ)	80.01 ▼ -6.59 (-7.61%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Paramount Mod / May 12 First Paramount Modaraba(FPRM)	6.86 ▼ -0.42 (-5.77%)
Pak Paper Prod / May 12 Pakistan Paper Products Limited(PPP)	147.01 ▼ -7.1 (-4.61%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	43 ▼ -1.87 (-4.17%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	113,339,802 ▲ 0.55
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	75,586,776 ▲ 1.38
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	65,777,142 ▲ 0.15
Power Cement / May 12 Power Cement Limited(POWER)	38,991,042 ▲ 1.09
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	33,253,495 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,799,662 ▲ 1
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	23,237,026 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,435,724 ▲ 12.58
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,540,297 ▲ 1
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	12,178,931 ▲ 0.96

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