News Archives for Print - 2019-09-08

Afghanistan pile misery on Bangladesh

Ibrahim Zadran and Asghar Afghan hit half-centuries while Rashid Khan played a quick cameo after claiming five wickets in an innings, as Afghanistan took command in the one-off Test against Bangladesh in Chittagong on Saturday. The visitors - playing only

Published 08 Sep, 2019 12:00am

Afghanistan's Nabi announces retirement from Test cricket

Former Afghanistan captain Mohammad Nabi announced his retirement from Test cricket on Saturday after the ongoing one-off red-ball fixture against Bangladesh in Chittagong. Nabi discussed the decision in a video statement released by the Afghanistan Crick

Published 08 Sep, 2019 12:00am

Australia on verge of keeping Ashes

Pat Cummins took two wickets in two balls, including England captain Joe Root for a golden duck, to leave Australia on the brink of retaining the Ashes at Old Trafford on Saturday. England were 18-2 in their second innings at stumps on the fourth day of t

Published 08 Sep, 2019 12:00am

Exchange

Brazil soya area to grow at the slowest pace in 13 years

The area in Brazil to be planted with soyabeans in the 2019-20 season, which starts this month, will grow by the slowest pace in 13 years as a global trade war and swine fever in China cloud the outlook for farmers, according to analysts at AgRural. The a

Published 08 Sep, 2019 12:00am

Russia's VTB plans to enter grain markets in Africa, ME and Asia

Russian state-controlled VTB bank, which has been expanding its grain business, plans to enter grain markets in Africa, the Middle East and Asia to increase Russian grain exports, a senior official told reporters. VTB, Russia's second largest lender, has

Published 08 Sep, 2019 12:00am

Mexico moves to launch world's largest oil hedge plan

Mexico has made the first moves to launch its annual $1 billion oil hedging programme by asking banks for quotes, sources familiar with the deal said, while buying in financial oil options contracts for 2020 has risen in recent days, consistent with the g

Published 08 Sep, 2019 12:00am

Tandoor owners asked to contact SSGC for revised bills

Following the government decision, Sui Southern Gas Company (SSGC) has asked all its roti tandoor customers to approach its offices for correction of their bills. The federal government had provided relief to the roti tandoor (special commercial) customer

Published 08 Sep, 2019 12:00am

UET announces schedule of admissions to undergraduate classes

Admission schedule for the year of 2019 for undergraduate admission in UET Lahore and its sub-campuses including Kala Shah Kaku (UET KSK) campus, Rachna College of Engineering & Technology (UET RCET) Gujranwala, Faisalabad (UET FSD) Campus and Narowal (UE

Published 08 Sep, 2019 12:00am

Holistic approach needed to improve child & maternal health: Dr Qazi

Terming the situation of child health in Pakistan as abysmal, leading Pediatrician Professor Dr Muhammad Yaqoob Qazi said, Under-5 child mortality in the country is one of the highest in the world calling for taking serious efforts by all the stakeholders

Published 08 Sep, 2019 12:00am

CAA conducts full-scale airport emergency exercise at JIAP

Pakistan Civil Aviation Authority (CAA) on Saturday conducted a "full scale airport emergency exercise-2019" at Jinnah International Airport (JIAP), Karachi. According to details, the purpose of this exercise was to test the response level of all the conc

Published 08 Sep, 2019 12:00am

FEBR expresses full solidarity & support to heroic struggle of Kashmiris

The Friends of Economic and Business Reforms (FEBR) condemning illegal annexation of Occupied Kashmir by India, on Saturday expressed full solidarity and support to the heroic and brave struggle of the Kashmiris by the business community, resisting repres

Published 08 Sep, 2019 12:00am

No public sector hospital to be privatised: minister

Dispelling romours regarding privatization of public sector hospitals in the province, provincial Minister for Health Dr Yasmeen Rashid Saturday said that under Medical Teaching Institutions Act, the government is not going to privatize any public sector

Published 08 Sep, 2019 12:00am

Hot, humid weather likely to prevail in Karachi

Hot and Humid weather is likely to continue in Karachi during the next 48 hours, with temperature ranging up to 36 degrees Celsius, the Met Office said on Saturday. Humidity in the city is likely to remain up to 85 percent as sunny weather will prevail on

Published 08 Sep, 2019 12:00am

Exchange

Government's move to attract foreign firms' investment lauded

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has lauded the move of the government to lure foreign companies for investment in Pakistan's debt market. The decision will help reduce Rs 3.4 trillion budget deficit and st

Published 08 Sep, 2019 12:00am

Cotton

32 Pakistani companies participate in Intertextile Shanghai Expo

Some 32 Pakistani companies along with Trade Development Authority of Pakistan (TDAP) are participating in Intertexture Shanghai Apparel Fabrics & Yarn Expo Autumn 2019. At the 25th anniversary of Intertextile Shanghai Apparel Fabrics, Pakistan will compl

Published 08 Sep, 2019 12:00am

Ahsan slams PTI government's flawed policies

Former Interior Minister and Pakistan Muslim League-Nawaz (PML-N) senior leader Ahsan Iqbal slammed the government for causing harm to the national economy due to is flawed policies. Talking to media after meeting PML-N leader Rana Sanaullah outside ANF c

Published 08 Sep, 2019 12:00am

Cotton

Ease of doing business: Online payments facility begins in Punjab

The Punjab government has started providing facility for online payments as part of initiatives for ease of doing business in the province. This was disclosed during a meeting of provincial working group for ease of doing business here at Civil Secretaria

Published 08 Sep, 2019 12:00am

Government to initiate three livestock projects this month

The government has decided to initiate three livestock projects this month to increase livestock productivity under the Prime Minister's Initiatives for Livestock.

Published 08 Sep, 2019 12:00am

Punjab PA passes 19 bills in one year

Punjab Chief Minister Sardar Usman Buzdar Saturday said the provincial government has done remarkable things including legislatioon during its one year period He was talking to Punjab Minister for Law and Finance Affairs Muhammad Basharat Raja, here on Sa

Published 08 Sep, 2019 12:00am

'NICVD system treats 6,000 patients daily without discrimination'

As many as 6,000 patients from entire Pakistan daily avail cardiac-care facilities, ranging from OPD consultations to Angiography, Angioplasty procedures, open heart surgeries and different types of implants including mechanical pumps to keep their hearts

Published 08 Sep, 2019 12:00am

Lawyer who slapped lady constable released

The chronicles of Punjab police continued to pile up as the lawyer, who slapped a lady constable in Ferozewala, was released on Saturday due to a minor mistake in the First Information Report (FIR). The local court's judge was hearing the case, in which A

Published 08 Sep, 2019 12:00am

Religious leaders call for interfaith harmony

Aalmi Muttahida Ulema-o-Mashaikh Council on Saturday pledged full support to Pakistan's armed forces for protection of the county and stressed the need to forge unity among all religious sects to foil nefarious designs of the anti-state elements.

Published 08 Sep, 2019 12:00am

Funeral prayer offered; tribute paid to Abdul Qadir

The funeral prayers of former test cricketer and chief selector Abdul Qadir were offered here at the ground adjacent to Darbar Hazrat Mian Mir on Saturday. Qadir suffered a severe heart attack and died on Friday. A number of sports personalities, politici

Published 08 Sep, 2019 12:00am

SC's New Judicial Year's opening ceremony to be held on 11th

New Judicial Year opening ceremony will be held simultaneously in all branch registries through Video Link. New Judicial Year opening ceremony of the Supreme Court will be held on 11th September 2019 at 11:30 am in Courtroom No 1 at the Principal Seat Sup

Published 08 Sep, 2019 12:00am

PAF observes Air Force Day as Martyrs' Day

Pakistan Air Force day was celebrated across the country as Martyrs' day on Saturday with a renewed pledge to safeguard the country from any aggression. The day pays homage to Pakistan Air Force for its role in defending the aerial borders of the country

Published 08 Sep, 2019 12:00am

Pak-Afghan traders hail 24/7 opening of Torkham border

Traders of both Pakistan and Afghanistan have welcomed the trial-based round the clock (24/7) opening of the Torkham border for bilateral trade and termed it a good step towards the promotion of trade between both neighbouring countries. Commenting on the

Published 08 Sep, 2019 12:00am

PNSC marks Defence Day

The offices of Pakistan National Shipping Corporation (PNSC) were closed on Friday at 3:00pm. All the officers and staff gathered thereafter in front of PNSC building with placards & banners to commemorate the Defence Day of Pakistan and to show their sol

Published 08 Sep, 2019 12:00am

Marriage halls, marquees allowed to pay ST at 5 percent in Punjab

Marriage halls and marquees are allowed to pay Provincial Sales Tax at the reduced rate of 5% throughout Punjab, as chairman Punjab Revenue Authority has no authority to issue any such type of Notification to withdraw the concessional tax rate and impose

Updated 11 Sep, 2019 06:47am

Sanaullah 's remand extended till September 14

The judicial remand of former law minister Rana Sanaullah Khan has been extended till September 14 in the drug case. The presiding judge of the special court for Control of Narcotics Substance (CNS) was not available but the court's reader simply marked a

Published 08 Sep, 2019 12:00am

Sindh government to table CNG kits, cylinders bill in PA soon: SHC told

The Sindh Government has drafted Sindh CNG Kit & Cylinder Fitness Authority Act, 2019 and will present it in the provincial assembly soon. Additional Advocate General Sindh told a division bench of SHC headed by Justice Muhammad Ali Mazhar, which heard th

Published 08 Sep, 2019 12:00am

Joint opposition moves resolution against four presidential ordinances

Pakistan Tehreek-e-Insaf's federal government could potentially be in deep trouble as the joint opposition has moved a resolution in the Senate Secretariat to disapprove the four key ordinances moved in the Upper House of the Parliament by the treasury be

Published 08 Sep, 2019 12:00am

Aseefa meets Faryal in jail

Aseefa Bhutto Zardari visited Faryal Tapur at Adiala jail while the latter's family members and lawyers accompanied her. Provincial Minister Sindh Sohail Anwar Siyal, Zia-ul-Hassan Lanjar, Khan Bahadur Bhatti and Ghulam Mustafa were also present on the oc

Published 08 Sep, 2019 12:00am

Cylinder blast kills three in Lahore

Three died of a cylinder blast on Saturday. According to details, a cylinder blast in the area of Iqbal Town led to the collapse of the upper storey of a house and three persons died on the sport under the debris.

Published 08 Sep, 2019 12:00am

Law to end extra judicial killings in Punjab in the offing: minister

Punjab Law, Parliamentary Affairs and Social Welfare Minister Raja Basharat has said that the Punjab government is bringing a law to put an end to extra judicial killings; "we will not tolerate extra judicial killings by police and we will stand with the

Published 08 Sep, 2019 12:00am

Dengue is now more social problem than medical: Specialists

Principal Post Graduate Medical Institute and Ameer Uddin Medical College Professor Dr Sardar Mohammad Alfareed Zafar has pointed that dengue is now more social problem than a medical for which each person of society will have to play role to overcome thi

Published 08 Sep, 2019 12:00am

Muharram processions; 12,000 personnel of LEAs to perform security duties

The law enforcement agencies (LEAs) Saturday put security on high alert in the federal capital and deployed over 12,000 personnel in connection with security arrangements during Muharram-ul-Haram processions.

Published 08 Sep, 2019 12:00am

Shahbaz meets Hamza in jail

PML-N President Shahbaz Sharif on Saturday met his son Hamza Shahbaz at Kot Lakhpat prison and discussed important issues. Shahbaz remained there for some time and had lunch together. Earlier on reaching Kot Lakhpat, the PML-N activists received Shahbaz a

Published 08 Sep, 2019 12:00am

PTA observes Defence Day as Kashmir Solidarity Day

Pakistan Telecommunication Company Limited (PTCL) held a special ceremony to commemorate Defence Day and observe solidarity with the people of Indian Occupied Kashmir at Pakistan Telecommunication Company Limited (PTCL) Headquarters.

Published 08 Sep, 2019 12:00am

Exchange

PBC slams police act of humiliating lawyer

Vice-Chairman Pakistan Bar Council Syed Amjad Shah has strongly condemned the registration of an FIR and arrest of Ahmed Mukhtar advocate as a result of exchange of harsh words with a police official on car parking issue.

Published 08 Sep, 2019 12:00am

Prices of perishable items decline slightly

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

Published 08 Sep, 2019 12:00am

Carjacking, kidnapping cases reported in Capital

Over seven cases of car lifting, six cases of various kinds of theft and four cases of kidnapping were reported to various police stations of the city during the last week.

Published 08 Sep, 2019 12:00am

Afghan peace talks: ANP chief calls for taking stakeholders into confidence

ANP Chief Asfandyar Wali Khan has said that cancellation of the visit of Afghan President Ashraf Ghani is strong argument that a stakeholder has been ignored in the peace negotiations of Afghanistan.

Published 08 Sep, 2019 12:00am

The state of economy

Recent rains seem to have suddenly brightened the prospects of the agriculture sector, the key plank of country's economy. It is therefore quite likely that the country's economy will come out of the slowdown mode anytime soon. Previously, the crop sector

Published 08 Sep, 2019 12:00am

Johnson family has Brexit battles of its own

The decision by Boris Johnson's brother to resign from the government has been a particularly heavy blow for the British prime minister, leaving him in a minority within his own family as well as the country's parliament.

Published 08 Sep, 2019 12:00am

Spain struggles to accommodate thousands of young migrants

Spain is struggling to accommodate thousands of young migrants who over the years have arrived alone on rickety boats or hidden in trucks, some of whom have ended up on the streets or even become involved in crime. There are currently around 14,000 unacco

Published 08 Sep, 2019 12:00am

Pakistan Navy Day: Achievements of Pakistan Navy

After gaining independence, Pakistan had realised in order to endure freedom, it ought to have a strategic ability to turn down malicious designs of its enemy. Pakistan well perceived the importance of its coastal defence along with the land and air limit

Published 08 Sep, 2019 12:00am

Exchange

Is there no end to tightening?

One of the most criticised policies of the SBP is to take real interest rates at 5 percent plus on past 12-month moving average inflation, and at 1.75 percent based on SBP expected inflation (11-12%) in FY20. The reason explained by Governor SBP is that h

Updated 13 Sep, 2019 10:16am

Abid Ali is no more

Veteran actor, director and producer Abid Ali passed away Thursday, leaving behind a vacuum likely to remain unfilled for quite some time and a lingering saga confirming that the 'people in small localities have fire in their hearts'. Born in Quetta in 19

Updated 11 Sep, 2019 06:05am

Reckless statements

It is hard to believe that any reasonable person could make such irresponsible and impractical 'demands' as did Jamaat-e-Islami chief, Senator Sirajul Haq, while speaking at the rally his party had organised in Karachi on Sunday to show solidarity with th

Updated 11 Sep, 2019 06:28am

Exchange

Too early to declare victory

Addressing business and industrial leaders as well as bankers at an interactive session organised by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Governor SBP Reza Baqir asserted that the economy is moving in the right direction,

Updated 11 Sep, 2019 06:26am

Four mourners die as 'alam' touches live wire

At least four people died Saturday at a Muharram procession in Gulistan-e-Jauhar area when an 'alam' collided with overhead electricity wires. The accident happened in Bhittaiabad neighbourhood of Gulistan-e-Jauhar area when an 'alam' was being taken away

Published 08 Sep, 2019 12:00am

Four mourners die as 'alam' touches live wire

At least four people died Saturday at a Muharram procession in Gulistan-e-Jauhar area when an 'alam' collided with overhead electricity wires. The accident happened in Bhittaiabad neighbourhood of Gulistan-e-Jauhar area when an 'alam' was being taken away

Published 08 Sep, 2019 12:00am

Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi

Published 08 Sep, 2019 12:00am

Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi

Published 08 Sep, 2019 12:00am

Mutual Funds

KSE-100 Index down 11 percent YTD

Despite some brief flashes of characteristic brilliance (in mid-August), the KSE-100 Index has declined by 11 percent during year-to-date (YTD) FY20, analysts said. Among the major sectors, oil and gas upstream and downstream were the worst performers, wi

Published 08 Sep, 2019 12:00am

Infrastructure, rolling stock projects: Railways again seeks JVs

After receiving lackluster response from investors against initial offer, Pakistan Railways (PR) again seeks joint ventures in its infrastructure development and rolling stock projects. PR had earlier issued bids for laying new railways tracks and rehabil

Published 08 Sep, 2019 12:00am

Infrastructure, rolling stock projects: Railways again seeks JVs

After receiving lackluster response from investors against initial offer, Pakistan Railways (PR) again seeks joint ventures in its infrastructure development and rolling stock projects. PR had earlier issued bids for laying new railways tracks and rehabil

Published 08 Sep, 2019 12:00am

Amid fears of far higher Dorian death toll, islanders scramble to leave

Bahamians who lost everything in the devastating passage of Hurricane Dorian were scrambling Saturday to escape the worst-hit islands by sea or by air, after the powerful storm left at least 43 people dead with officials fearing a "significantly" higher t

Published 08 Sep, 2019 12:00am

Amid fears of far higher Dorian death toll, islanders scramble to leave

Bahamians who lost everything in the devastating passage of Hurricane Dorian were scrambling Saturday to escape the worst-hit islands by sea or by air, after the powerful storm left at least 43 people dead with officials fearing a "significantly" higher t

Published 08 Sep, 2019 12:00am

India loses contact with Moon lander

India's space programme suffered a huge setback Saturday after losing contact with an unmanned spacecraft moments before it was due to make a historic soft landing on the Moon. Prime Minister Narendra Modi sought to comfort glum scientists and a stunned n

Published 08 Sep, 2019 12:00am

India loses contact with Moon lander

India's space programme suffered a huge setback Saturday after losing contact with an unmanned spacecraft moments before it was due to make a historic soft landing on the Moon. Prime Minister Narendra Modi sought to comfort glum scientists and a stunned n

Published 08 Sep, 2019 12:00am

Rs 69.79 billion released under PSDP

The federal government has released Rs 69.79 billion for various ongoing and new development projects under Public Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of Rs 701 billion. According to data of PSDP 2019-20 relea

Published 08 Sep, 2019 12:00am

Rs 69.79 billion released under PSDP

The federal government has released Rs 69.79 billion for various ongoing and new development projects under Public Sector Development Programme (PSDP) 2019-20 against the total budgeted allocation of Rs 701 billion. According to data of PSDP 2019-20 relea

Published 08 Sep, 2019 12:00am

SC sets aside judgment of Customs Tribunal

The apex court set aside a judgment of Customs Appellate Tribunal, saying the decision given by it was beyond time as prescribed in Section 179(3) of Customs Act, 1969. A three-judge bench, headed by Justice Umar Ata Bandial, on 25-04-2019 after hearing t

Published 08 Sep, 2019 12:00am

SC sets aside judgment of Customs Tribunal

The apex court set aside a judgment of Customs Appellate Tribunal, saying the decision given by it was beyond time as prescribed in Section 179(3) of Customs Act, 1969. A three-judge bench, headed by Justice Umar Ata Bandial, on 25-04-2019 after hearing t

Published 08 Sep, 2019 12:00am

Taliban kidnap six journalists

Taliban kidnapped six Afghan journalists working for private and government media organisations in eastern Paktia province, government officials and Taliban said on Saturday. The reporters, working for radio and TV news companies that broadcast news in th

Published 08 Sep, 2019 12:00am

Taliban kidnap six journalists

Taliban kidnapped six Afghan journalists working for private and government media organisations in eastern Paktia province, government officials and Taliban said on Saturday. The reporters, working for radio and TV news companies that broadcast news in th

Published 08 Sep, 2019 12:00am

PM voices concern over rising trend of 'fake news'

Prime Minister Imran Khan has expressed his concern on the rising trend of "fake news" in the country which are against national interests. He conveyed his concern during the federal Cabinet meeting held on September 3, 2019 wherein different issues of na

Published 08 Sep, 2019 12:00am

PM voices concern over rising trend of 'fake news'

Prime Minister Imran Khan has expressed his concern on the rising trend of "fake news" in the country which are against national interests. He conveyed his concern during the federal Cabinet meeting held on September 3, 2019 wherein different issues of na

Published 08 Sep, 2019 12:00am

US Centcom commander visits Tarbela Dam project

The US Central Command (CentCom) Commander General Kenneth F McKenzie Jr. accompanied by the US Ambassador to Pakistan H.E. Paul Jones and others on Saturday visited Tarbela Dam project. During the visit, he had a round of various components of the projec

Published 08 Sep, 2019 12:00am

US Centcom commander visits Tarbela Dam project

The US Central Command (CentCom) Commander General Kenneth F McKenzie Jr. accompanied by the US Ambassador to Pakistan H.E. Paul Jones and others on Saturday visited Tarbela Dam project. During the visit, he had a round of various components of the projec

Published 08 Sep, 2019 12:00am

Liquidated damages: Government set to amend PPAs with IPPs

The federal government is all set to amend Power Purchase Agreements (PPAs) with the Independent Power Producers (IPPs) to resolve dispute on liquidated damages (LDs) and imposition of penalties, official sources told Business Recorder. The Cabinet

Published 08 Sep, 2019 12:00am

Liquidated damages: Government set to amend PPAs with IPPs

The federal government is all set to amend Power Purchase Agreements (PPAs) with the Independent Power Producers (IPPs) to resolve dispute on liquidated damages (LDs) and imposition of penalties, official sources told Business Recorder. The Cabinet

Published 08 Sep, 2019 12:00am

Judge video scandal: court acquits Nasir Janjua, two other accused

A local court on Saturday acquitted Nasir Janjua and two other accused in former Accountability Court Judge Muhammad Arshad Malik video sandal after Federal Investigation Agency (FIA) informed it that no evidence was found against them. The agency on Sept

Published 08 Sep, 2019 12:00am

Judge video scandal: court acquits Nasir Janjua, two other accused

A local court on Saturday acquitted Nasir Janjua and two other accused in former Accountability Court Judge Muhammad Arshad Malik video sandal after Federal Investigation Agency (FIA) informed it that no evidence was found against them. The agency on Sept

Published 08 Sep, 2019 12:00am

India's diplomat summoned over ceasefire violations

Pakistan on Saturday summoned top Indian diplomat and lodged a strong protest with him over the ceasefire violations by the Indian troops on September 6, targeting peaceful rallies being held in solidarity with Kashmiri people in Khuiratta Sector of LoC.

Published 08 Sep, 2019 12:00am

India's diplomat summoned over ceasefire violations

Pakistan on Saturday summoned top Indian diplomat and lodged a strong protest with him over the ceasefire violations by the Indian troops on September 6, targeting peaceful rallies being held in solidarity with Kashmiri people in Khuiratta Sector of LoC.

Published 08 Sep, 2019 12:00am

India says lifting of restrictions 'depends on Pakistan'

The lifting of New Delhi's communications restrictions in Indian Kashmir depends on Pakistan stopping deploying "terrorists" and "fomenting unrest" there, India's national security advisor said Saturday. More than a month after India stripped the restive

Published 08 Sep, 2019 12:00am

India says lifting of restrictions 'depends on Pakistan'

The lifting of New Delhi's communications restrictions in Indian Kashmir depends on Pakistan stopping deploying "terrorists" and "fomenting unrest" there, India's national security advisor said Saturday. More than a month after India stripped the restive

Published 08 Sep, 2019 12:00am

Exchange

Indian media, army preparing grounds for false-flag operation: ISPR

The Inter-Services Public Relations (ISPR) Saturday while rejecting reports of two Pakistanis crossing the Line of Control (LoC) said the Indian media and army are preparing grounds for a false flag operation. In a press release, the military's media wing

Published 08 Sep, 2019 12:00am

Exchange

Indian media, army preparing grounds for false-flag operation: ISPR

The Inter-Services Public Relations (ISPR) Saturday while rejecting reports of two Pakistanis crossing the Line of Control (LoC) said the Indian media and army are preparing grounds for a false flag operation. In a press release, the military's media wing

Published 08 Sep, 2019 12:00am

Exchange

China reaffirms support to Pakistan's stance on Kashmir

Chinese Foreign Minister Wang Yi on Saturday reaffirmed China's support to Pakistan's stance on Kashmir and reiterated opposition to any 'unilateral action as well as the measures' that could further complicate the situation. This was stated by the Foreig

Published 08 Sep, 2019 12:00am

Exchange

China reaffirms support to Pakistan's stance on Kashmir

Chinese Foreign Minister Wang Yi on Saturday reaffirmed China's support to Pakistan's stance on Kashmir and reiterated opposition to any 'unilateral action as well as the measures' that could further complicate the situation. This was stated by the Foreig

Published 08 Sep, 2019 12:00am

India's President denied permission to use airspace

Pakistan on Saturday turned down an Indian request to allow its president to use the country's airspace for his flight to Iceland. In a statement which was televised on the sate-run PTV, Foreign Minister Shah Mehmooad Qureshi announced the decision after

Published 08 Sep, 2019 12:00am

India's President denied permission to use airspace

Pakistan on Saturday turned down an Indian request to allow its president to use the country's airspace for his flight to Iceland. In a statement which was televised on the sate-run PTV, Foreign Minister Shah Mehmooad Qureshi announced the decision after

Published 08 Sep, 2019 12:00am

Exchange

Iran fires up advanced centrifuges in latest nuclear step

Iran said Saturday it had fired up advanced centrifuges to boost its enriched uranium stockpiles, its latest scaling-back of commitments under a crumbling 2015 nuclear deal. The Islamic republic was acting on a threat to further abandon its nuclear commit

Published 08 Sep, 2019 12:00am

Exchange

Iran fires up advanced centrifuges in latest nuclear step

Iran said Saturday it had fired up advanced centrifuges to boost its enriched uranium stockpiles, its latest scaling-back of commitments under a crumbling 2015 nuclear deal. The Islamic republic was acting on a threat to further abandon its nuclear commit

Published 08 Sep, 2019 12:00am

Exchange

Russia, Ukraine swap prisoners in landmark 'first step' to ease tensions

Russia and Ukraine carried out a long-awaited swap of 70 prisoners on Saturday, in a deal hailed by President Volodymyr Zelensky as a "first step" towards ending their conflict. Planes carrying 35 prisoners from each side landed simultaneously in Moscow a

Published 08 Sep, 2019 12:00am

Exchange

Russia, Ukraine swap prisoners in landmark 'first step' to ease tensions

Russia and Ukraine carried out a long-awaited swap of 70 prisoners on Saturday, in a deal hailed by President Volodymyr Zelensky as a "first step" towards ending their conflict. Planes carrying 35 prisoners from each side landed simultaneously in Moscow a

Published 08 Sep, 2019 12:00am

Exchange

PPAs executed before January 1, 2019: Companies granted exemption from IFRS requirements

The Securities and Exchange Commission of Pakistan (SECP) has granted exemption from requirements of International Financial Reporting Standards (IFRS) to all companies that have executed their power purchase agreements before January 1, 2019.

Published 08 Sep, 2019 12:00am

Exchange

PPAs executed before January 1, 2019: Companies granted exemption from IFRS requirements

The Securities and Exchange Commission of Pakistan (SECP) has granted exemption from requirements of International Financial Reporting Standards (IFRS) to all companies that have executed their power purchase agreements before January 1, 2019.

Published 08 Sep, 2019 12:00am

Duty, tax payment mandatory: EPZ investors can dispose of machinery in tariff areas: FBR

The Federal Board of Revenue (FBR) has allowed investors in Export Processing Zone (EPZ) to dispose of machinery in the tariff areas of Pakistan after payment of specified duty and taxes. The FBR has made amendment to the Customs Rules, 2001 through an SR

Published 08 Sep, 2019 12:00am

Duty, tax payment mandatory: EPZ investors can dispose of machinery in tariff areas: FBR

The Federal Board of Revenue (FBR) has allowed investors in Export Processing Zone (EPZ) to dispose of machinery in the tariff areas of Pakistan after payment of specified duty and taxes. The FBR has made amendment to the Customs Rules, 2001 through an SR

Updated 11 Sep, 2019 06:31am

Kabul welcomes US assurances on Taliban deal

The Afghan government Saturday welcomed a pledge by the Pentagon that the US would only accept a "good deal" from the Taliban after a wave of insurgent attacks sparked concerns of a hasty US withdrawal. During a wide ranging press conference in Paris earl

Published 08 Sep, 2019 12:00am

Kabul welcomes US assurances on Taliban deal

The Afghan government Saturday welcomed a pledge by the Pentagon that the US would only accept a "good deal" from the Taliban after a wave of insurgent attacks sparked concerns of a hasty US withdrawal. During a wide ranging press conference in Paris earl

Published 08 Sep, 2019 12:00am

Exchange

Pakistan, China for early Afghan government-Taliban talks

Pakistan, China and Afghanistan, while reiterating their support for a politically negotiated settlement of Afghan conflict, have desired an early commencement of direct negotiations between Afghan government and the Taliban and a full cessation of violen

Published 08 Sep, 2019 12:00am

Exchange

Pakistan, China for early Afghan government-Taliban talks

Pakistan, China and Afghanistan, while reiterating their support for a politically negotiated settlement of Afghan conflict, have desired an early commencement of direct negotiations between Afghan government and the Taliban and a full cessation of violen

Published 08 Sep, 2019 12:00am

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

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

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

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

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

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

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