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Print - 2019-09-24
KMC condemns Indian atrocities in IoK

KMC condemns Indian atrocities in IoK

The council of the Karachi Metropolitan Corporation (KMC) in its general meeting on Monday expressed severe concerns over the state of Indian occupied Kashmir. The members through a unanimously approved resolution strongly condemned the atrocities of Indi
Published 24 Sep, 2019 12:00am
Heat wave spell to continue for next 24 hours in Karachi

Heat wave spell to continue for next 24 hours in Karachi

Heat wave spell is expected to continue for the next 24 hours in Karachi and other parts of Sindh, despite a short windy-rainy period in the metropolis, the Met Office said on Monday. It said that a 'moderate' heat wave spell is likely to continue till Tu
Published 24 Sep, 2019 12:00am
Australia hails revival of cricket in Pakistan: envoy
Exchange

Australia hails revival of cricket in Pakistan: envoy

Australian High Commissioner to Pakistan Geoffrey Shaw in a meeting with Speaker Punjab Assembly Chaudhry Parvez Elahi here Monday said that Australia welcomes revival of cricket in Pakistan. Australian Cricket Board and Pakistan Cricket Board are in cont
Published 24 Sep, 2019 12:00am
TIKA sets up first children's library in Karachi

TIKA sets up first children's library in Karachi

Turkey's state-run aid agency has set up the first-ever children library in Karachi with an aim to support children's education in the slum areas. The library has been established by Turkish Cooperation and Coordination Agency (TIKA) at a local charity sc
Published 24 Sep, 2019 12:00am
Professionals decide to form body of directors news/editors

Professionals decide to form body of directors news/editors

Senior media professionals belonging to various news channels met here on Monday and decided, in principle, to form an association of Directors News/Editors. It was agreed that there is a need to have such an organisation to ensure the professional growth
Published 24 Sep, 2019 12:00am
Change in 18th Amendment vital to empower local governments: Kamal

Change in 18th Amendment vital to empower local governments: Kamal

Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Monday said that amendment in 18th constitutional amendment is imperative to empower the local governments in the country. Speaking at a ceremony to mark the workers of other political parties joini
Published 24 Sep, 2019 12:00am
FBR urged to exempt WHT on mutual business dealing

FBR urged to exempt WHT on mutual business dealing

The Chairman Hyderabad SITE Association of Trade and Industry Muhammad Shahid Kaimkhani demanded the Federal Board of Revenue to exempt withholding tax on mutual business dealing of taxpayers. In a statement here on Monday, he said that such exemption has
Published 24 Sep, 2019 12:00am
Making all efforts to manage power shortfall: KE

Making all efforts to manage power shortfall: KE

K-Electric is making all possible efforts to manage the power shortfall created due to rising temperature, shortage of Furnace oil (FO), shutdown of KANUPP and limited supply from the national grid. During the day, 500kV Extra High Tension (EHT) Jamshoro-
Published 24 Sep, 2019 12:00am
India's idle threat

India's idle threat

India's prime minister Narendra Modi and his cabinet colleagues, particularly home minister Amit Shah and defence minister Rajnath Singh, look sort of spooked. They seem to be sweating and panting like someone has scared them to death. The 'someone' in th
Published 24 Sep, 2019 12:00am
Confronting the new climate reality in Asia and the Pacific

Confronting the new climate reality in Asia and the Pacific

World leaders have gathered at the United Nations in New York for the Climate Action Summit. Their goal is simple; to increase ambition and accelerate action in the face of a mounting climate emergency. For many, this means ambition and action that enable
Published 24 Sep, 2019 12:00am
Media tribunals faux pas

Media tribunals faux pas

The Pakistan Tehreek-i-Insaaf (PTI) government, amongst all its other failings, suffers from impetuosity and lack of forethought. An example of these traits has recently been on display in the federal cabinet's 'decision' to set up media tribunals to hand
Published 24 Sep, 2019 12:00am
Recent trends in exports and imports
Cotton

Recent trends in exports and imports

The external trade statistics have been released somewhat belatedly by the Pakistan Bureau of Statistics for the months of July and August 2019. These statistics need to be analyzed carefully to determine why exports have registered a growth rate of less
Updated 25 Sep, 2019 10:31am
Nepra joins anti-NAB chorus

Nepra joins anti-NAB chorus

The National Electric Power Regulatory Authority (Nepra) has now joined the growing chorus of critics of the National Accountability Bureau (NAB). In its State of the Industry Report 2018, Nepra has challenged the intrusion into its affairs by NAB. The Re
Updated 24 Sep, 2019 06:04am
Drop in C/A deficit
Exchange

Drop in C/A deficit

It is a matter of satisfaction that current account (C/A) deficit of the country which had dropped from dollar 18.13 billion in FY18 to dollar 12.76 billion or around 30 percent continues to fall further during the current year. According to the latest da
Updated 24 Sep, 2019 06:04am
Russia joins Paris climate accord

Russia joins Paris climate accord

Russia's prime minister on Monday gave formal support to the Paris climate agreement, just hours ahead of a key summit trying to tackle ever increasing gas emissions. The document signed by Prime Minister Dmitry Medvedev says that Russia is formally accep
Published 24 Sep, 2019 12:00am
Russia joins Paris climate accord

Russia joins Paris climate accord

Russia's prime minister on Monday gave formal support to the Paris climate agreement, just hours ahead of a key summit trying to tackle ever increasing gas emissions. The document signed by Prime Minister Dmitry Medvedev says that Russia is formally accep
Published 24 Sep, 2019 12:00am
Sale of illicit cigarettes: PM wants countrywide crackdown

Sale of illicit cigarettes: PM wants countrywide crackdown

Prime Minister Imran Khan has expressed serious concern over growing increase of illicit trade of cigarettes in Pakistan, hurting the documented and compliant sector. The recent increase in illicit trade is undermining various measures taken by the govern
Published 24 Sep, 2019 12:00am
Sale of illicit cigarettes: PM wants countrywide crackdown

Sale of illicit cigarettes: PM wants countrywide crackdown

Prime Minister Imran Khan has expressed serious concern over growing increase of illicit trade of cigarettes in Pakistan, hurting the documented and compliant sector. The recent increase in illicit trade is undermining various measures taken by the govern
Published 24 Sep, 2019 12:00am
Traders' reps likely to meet FBR officials on 27th

Traders' reps likely to meet FBR officials on 27th

The Federal Board of Revenue (FBR) has asked the traders community to have a meeting with it on Friday (September 27) to discuss issues of documentation, registration and condition of computerized national identity cards (CNIC) numbers of unregistered buy
Published 24 Sep, 2019 12:00am
Traders' reps likely to meet FBR officials on 27th

Traders' reps likely to meet FBR officials on 27th

The Federal Board of Revenue (FBR) has asked the traders community to have a meeting with it on Friday (September 27) to discuss issues of documentation, registration and condition of computerized national identity cards (CNIC) numbers of unregistered buy
Published 24 Sep, 2019 12:00am
Murder cases: CJP concerned at alarming acquittal rate

Murder cases: CJP concerned at alarming acquittal rate

Chief Justice Asif Saeed Khan Khosa expressed concern over alarming rate of acquittal in murder cases due to different flaws in investigations. The chief justice, who is also the Chairman Law and Justice Commission of Pakistan (LJCP) was chairing a meetin
Published 24 Sep, 2019 12:00am
Murder cases: CJP concerned at alarming acquittal rate

Murder cases: CJP concerned at alarming acquittal rate

Chief Justice Asif Saeed Khan Khosa expressed concern over alarming rate of acquittal in murder cases due to different flaws in investigations. The chief justice, who is also the Chairman Law and Justice Commission of Pakistan (LJCP) was chairing a meetin
Published 24 Sep, 2019 12:00am
European leaders say Iran behind Saudi attack

European leaders say Iran behind Saudi attack

The leaders of France, Germany and Britain on Monday agreed that Iran carried out this month's attack on Saudi Arabian oil infrastructure and called on Tehran to choose dialogue over further "provocation."
Published 24 Sep, 2019 12:00am
PM apprises UK PM about humanitarian crisis in IoK

PM apprises UK PM about humanitarian crisis in IoK

Prime Minister Imran Khan met his British counterpart Boris Johnson in New York Monday. The meeting was held on the sidelines of the ongoing 74th UN General Assembly session. The two leaders discussed matters of bilateral interest. Matters of bilateral in
Published 24 Sep, 2019 12:00am
PM apprises UK PM about humanitarian crisis in IoK

PM apprises UK PM about humanitarian crisis in IoK

Prime Minister Imran Khan met his British counterpart Boris Johnson in New York Monday. The meeting was held on the sidelines of the ongoing 74th UN General Assembly session. The two leaders discussed matters of bilateral interest. Matters of bilateral in
Published 24 Sep, 2019 12:00am
Occupied Kashmir: India violating international laws: PM

Occupied Kashmir: India violating international laws: PM

Prime Minister Imran Khan on Monday said that the United States presented mujahideen as heroes during Soviet-Afghan war but later we were asked to wage a war against those heroes after September 11 attacks. Speaking at an event at the Council on Foreign R
Published 24 Sep, 2019 12:00am
Occupied Kashmir: India violating international laws: PM

Occupied Kashmir: India violating international laws: PM

Prime Minister Imran Khan on Monday said that the United States presented mujahideen as heroes during Soviet-Afghan war but later we were asked to wage a war against those heroes after September 11 attacks. Speaking at an event at the Council on Foreign R
Published 24 Sep, 2019 12:00am
Indonesia blames 737 MAX design for Lion Air crash: report

Indonesia blames 737 MAX design for Lion Air crash: report

Indonesian authorities have cited failures in the Boeing 737 MAX design and oversight as contributing to the 2018 Lion Air plane crash, the Wall Street Journal reported on Sunday. The report into the crash, which will be formally released in early Novembe
Published 24 Sep, 2019 12:00am
Trump announces bigger US troop presence in Poland

Trump announces bigger US troop presence in Poland

President Donald Trump on Monday announced an expanded military presence in Poland but said it did not reflect any increased threat from Russia. Trump, meeting Poland's President Andrzej Duda on the sidelines of the UN General Assembly in New York, said P
Published 24 Sep, 2019 12:00am
Banks' recoveries against NPLs soar by 60 percent in Q2CY19

Banks' recoveries against NPLs soar by 60 percent in Q2CY19

Despite slow economic activity in the country, the banking sector's cash recoveries against Non-Performing Loans (NPLs) showed an improved picture, rising by 60 percent during the second quarter of current calendar year (CY19). According to the State Bank
Published 24 Sep, 2019 12:00am
Banks' recoveries against NPLs soar by 60 percent in Q2CY19

Banks' recoveries against NPLs soar by 60 percent in Q2CY19

Despite slow economic activity in the country, the banking sector's cash recoveries against Non-Performing Loans (NPLs) showed an improved picture, rising by 60 percent during the second quarter of current calendar year (CY19). According to the State Bank
Published 24 Sep, 2019 12:00am
PD to get Rs 136 billion power sector loans rescheduled

PD to get Rs 136 billion power sector loans rescheduled

Power Division is likely to get rescheduled Rs 136 billion power sector loans obtained from a consortium of commercial banks in early 2012, due to consistent financial constraints, well-informed sources told Business Recorder. The government claims
Published 24 Sep, 2019 12:00am
PD to get Rs 136 billion power sector loans rescheduled

PD to get Rs 136 billion power sector loans rescheduled

Power Division is likely to get rescheduled Rs 136 billion power sector loans obtained from a consortium of commercial banks in early 2012, due to consistent financial constraints, well-informed sources told Business Recorder. The government claims
Published 24 Sep, 2019 12:00am
Approved concessions: Law minister asked to decide on legal course

Approved concessions: Law minister asked to decide on legal course

The Federal Cabinet has directed Minister for Law & Justice to hold a meeting with Federal Board of Revenue (FBR) and Ministry of Maritime and Affairs and decide on legal course to be adopted to notify the approved concessions, well-informed sources told
Published 24 Sep, 2019 12:00am
Approved concessions: Law minister asked to decide on legal course

Approved concessions: Law minister asked to decide on legal course

The Federal Cabinet has directed Minister for Law & Justice to hold a meeting with Federal Board of Revenue (FBR) and Ministry of Maritime and Affairs and decide on legal course to be adopted to notify the approved concessions, well-informed sources told
Published 24 Sep, 2019 12:00am
Thomas Cook collapses

Thomas Cook collapses

British travel firm Thomas Cook collapsed on Monday, leaving some 600,000 holidaymakers stranded and sparking the UK's biggest repatriation since World War II. The 178-year-old debt-plagued group, which had struggled against fierce online competition for
Published 24 Sep, 2019 12:00am
Thomas Cook collapses

Thomas Cook collapses

British travel firm Thomas Cook collapsed on Monday, leaving some 600,000 holidaymakers stranded and sparking the UK's biggest repatriation since World War II. The 178-year-old debt-plagued group, which had struggled against fierce online competition for
Published 24 Sep, 2019 12:00am
Trump argues he deserves Nobel prize

Trump argues he deserves Nobel prize

US President Donald Trump aired one of his oldest grievances at the United Nations on Monday: that it's unfair he never got the Nobel peace prize. "I would get a Nobel prize for a lot of things, if they give it out fairly, which they don't," he complained
Published 24 Sep, 2019 12:00am
Trump argues he deserves Nobel prize

Trump argues he deserves Nobel prize

US President Donald Trump aired one of his oldest grievances at the United Nations on Monday: that it's unfair he never got the Nobel peace prize. "I would get a Nobel prize for a lot of things, if they give it out fairly, which they don't," he complained
Published 24 Sep, 2019 12:00am
India steps up false propaganda campaign through its army chief

India steps up false propaganda campaign through its army chief

India's army chief said Monday that Pakistan has reactivated militant camps in Azad Jammu & Kashmir and about 500 militants are waiting to infiltrate into India. Gen. Bipin Rawat didn't provide any evidence to back his claims. Senior officials at Pakistan
Published 24 Sep, 2019 12:00am
India steps up false propaganda campaign through its army chief

India steps up false propaganda campaign through its army chief

India's army chief said Monday that Pakistan has reactivated militant camps in Azad Jammu & Kashmir and about 500 militants are waiting to infiltrate into India. Gen. Bipin Rawat didn't provide any evidence to back his claims. Senior officials at Pakistan
Published 24 Sep, 2019 12:00am
The Weather

The Weather

The weather report on Monday (September 23, 2019) and the forecast for Tuesday (September 24, 2019).

Published 24 Sep, 2019 12:00am
Resolution of Kashmir dispute: US has a 'duty', PM tells Trump

Resolution of Kashmir dispute: US has a 'duty', PM tells Trump

Prime Minister Imran Khan on Monday pressed US President Donald Trump to restart talks with Afghanistan's Taliban and said Washington has a "duty" to calm the Kashmir standoff with India. "Stability in Afghanistan means stability in Pakistan," Khan said a
Published 24 Sep, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
Resolution of Kashmir dispute: US has a 'duty', PM tells Trump

Resolution of Kashmir dispute: US has a 'duty', PM tells Trump

Prime Minister Imran Khan on Monday pressed US President Donald Trump to restart talks with Afghanistan's Taliban and said Washington has a "duty" to calm the Kashmir standoff with India. "Stability in Afghanistan means stability in Pakistan," Khan said a
Published 24 Sep, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
$1.62 billion borrowed in July-August: EAD

$1.62 billion borrowed in July-August: EAD

Pakistan has borrowed $ 1.62 billion (Rs 258.6 billion) from external resources during the first two months of the current fiscal year (July-August) with $1.489 billion loans, including commercial loans of $321 million, as well as $132 million grants.
Published 24 Sep, 2019 12:00am
$1.62 billion borrowed in July-August: EAD

$1.62 billion borrowed in July-August: EAD

Pakistan has borrowed $ 1.62 billion (Rs 258.6 billion) from external resources during the first two months of the current fiscal year (July-August) with $1.489 billion loans, including commercial loans of $321 million, as well as $132 million grants.
Published 24 Sep, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 23, 2019)

Published 24 Sep, 2019 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee depicted marginal changes against the dollar on the money market on Monday in the process of trading activity, dealers said.
Published 24 Sep, 2019 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

The rupee depicted marginal changes against the dollar on the money market on Monday in the process of trading activity, dealers said.
Published 24 Sep, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Monday (September 23, 2019).

Published 24 Sep, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 24 Sep, 2019 12:00am