News Archives for Print - 2019-10-20

Money & Banking

IMF chief says building 'peer pressure' to follow trade rules

With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said Saturday.

Updated 21 Oct, 2019 07:38am

IMF chief says building 'peer pressure' to follow trade rules

With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fueled the disputes, IMF chief Kristalina Georgieva said Saturday.

Published 20 Oct, 2019 12:00am

Energy

RLNG-related UfG: PD to move ECC against Ogra's 'injustice' to SSGC

The Petroleum Division has decided to approach the Economic Coordination Committee (ECC) against "injustice" of the Oil Gas Regulatory Authority (Ogra) against Sui Southern Gas Company Limited (SSGCL) with respect to RLNG-related UfG, well-informed source

Updated 21 Oct, 2019 07:40am

RLNG-related UfG: PD to move ECC against Ogra's 'injustice' to SSGC

The Petroleum Division has decided to approach the Economic Coordination Committee (ECC) against "injustice" of the Oil Gas Regulatory Authority (Ogra) against Sui Southern Gas Company Limited (SSGCL) with respect to RLNG-related UfG, well-informed source

Published 20 Oct, 2019 12:00am

General News

Government body rejects Fazl's demand for PM's resignation

Defense Minister Pervaiz Khattak, the head of government committee tasked by Prime Minister Imran Khan to hold dialogue with opposition, rejected the Jamiat Ulema-e-Islam Fazl's (JUI-F) demand of the PM's resignation and warned that opposition would be re

Published 20 Oct, 2019 12:00am

Government body rejects Fazl's demand for PM's resignation

Defense Minister Pervaiz Khattak, the head of government committee tasked by Prime Minister Imran Khan to hold dialogue with opposition, rejected the Jamiat Ulema-e-Islam Fazl's (JUI-F) demand of the PM's resignation and warned that opposition would be re

Published 20 Oct, 2019 12:00am

General News

MoI decides to take action against Ansar-ul-Islam

The Ministry of Interior has decided to take action against Ansar-ul-Islam, a subsidiary organization of Jamiat Ulema-e-Islam-Fazl (JUI-F) which will hold 'Azadi March' against the government in coming days. Sources said that Ministry of Interior has sent

Published 20 Oct, 2019 12:00am

MoI decides to take action against Ansar-ul-Islam

The Ministry of Interior has decided to take action against Ansar-ul-Islam, a subsidiary organization of Jamiat Ulema-e-Islam-Fazl (JUI-F) which will hold 'Azadi March' against the government in coming days. Sources said that Ministry of Interior has sent

Published 20 Oct, 2019 12:00am

General News

PPP to run its own campaign against PTI government

Pakistan People's Party (PPP) will continue its own mass mobilisation campaign against Pakistan Tehreek-e-Insaf (PTI) government while participating in Maulana Fazlur Rehman's Azadi March, Business Recorder has learnt. In this regard, PPP has instr

Published 20 Oct, 2019 12:00am

PPP to run its own campaign against PTI government

Pakistan People's Party (PPP) will continue its own mass mobilisation campaign against Pakistan Tehreek-e-Insaf (PTI) government while participating in Maulana Fazlur Rehman's Azadi March, Business Recorder has learnt. In this regard, PPP has instr

Published 20 Oct, 2019 12:00am

Money & Banking

Agri, corporate and SMEs: SBP amends three Prudential Regulations

The State Bank of Pakistan (SBP) has amended Prudential Regulations for agriculture financing, corporate/commercial banking and SMEs financing for electronic warehouse receipt under the Collateral Management Companies Regulations, 2019 issued by the Secur

Updated 22 Oct, 2019 06:21am

Agri, corporate and SMEs: SBP amends three Prudential Regulations

The State Bank of Pakistan (SBP) has amended Prudential Regulations for agriculture financing, corporate/commercial banking and SMEs financing for electronic warehouse receipt under the Collateral Management Companies Regulations, 2019 issued by the Secur

Published 20 Oct, 2019 12:00am

Global Business Economy

China, US make 'substantial' trade deal progress

Beijing and Washington have made "substantial progress" towards a partial trade deal, China's top trade negotiator said Saturday, in his first comments since talks with US president Donald Trump last week. Trump announced a partial deal after meetings in

Updated 21 Oct, 2019 06:39am

China, US make 'substantial' trade deal progress

Beijing and Washington have made "substantial progress" towards a partial trade deal, China's top trade negotiator said Saturday, in his first comments since talks with US president Donald Trump last week. Trump announced a partial deal after meetings in

Published 20 Oct, 2019 12:00am

Taxes

SEZs: incentive package may include tax relief, foreign ownership

The incentive package for the Special Economic Zones (SEZs) may include corporate income tax/turnover tax exemption, 100 percent foreign ownership, no minimum investment requirement, and no taxes on non-residents.

Updated 22 Oct, 2019 06:21am

SEZs: incentive package may include tax relief, foreign ownership

The incentive package for the Special Economic Zones (SEZs) may include corporate income tax/turnover tax exemption, 100 percent foreign ownership, no minimum investment requirement, and no taxes on non-residents.

Published 20 Oct, 2019 12:00am

General News

Erdogan vows to 'crush the heads' of Kurdish forces if no pullout

President Recep Tayyip Erdogan on Saturday warned that Turkey would "crush the heads" of Kurdish forces if they did not withdraw from a proposed safe zone along the border under a US-brokered deal. If the pullout does not happen by Tuesday evening, "we wi

Published 20 Oct, 2019 12:00am

Erdogan vows to 'crush the heads' of Kurdish forces if no pullout

President Recep Tayyip Erdogan on Saturday warned that Turkey would "crush the heads" of Kurdish forces if they did not withdraw from a proposed safe zone along the border under a US-brokered deal. If the pullout does not happen by Tuesday evening, "we wi

Published 20 Oct, 2019 12:00am

General News

Anti-Brexit activists march to parliament as MPs delay decision

Tens of thousands of pro-EU protesters from across Britain wielding banners, placards and flags converged on parliament Saturday, erupting in cheers as MPs forced the government to ask Brussels for another Brexit delay. Demonstrators rallied near Hyde Par

Published 20 Oct, 2019 12:00am

Anti-Brexit activists march to parliament as MPs delay decision

Tens of thousands of pro-EU protesters from across Britain wielding banners, placards and flags converged on parliament Saturday, erupting in cheers as MPs forced the government to ask Brussels for another Brexit delay. Demonstrators rallied near Hyde Par

Published 20 Oct, 2019 12:00am

General News

EU urges UK to explain Brexit plan 'as soon as possible'

The European Commission urged British Prime Minister Boris Johnson's government on Saturday to quickly explain how it wants to proceed with Brexit preparations after losing another parliamentary vote. Spokeswoman Mina Andreeva said Brussels "takes note of

Published 20 Oct, 2019 12:00am

EU urges UK to explain Brexit plan 'as soon as possible'

The European Commission urged British Prime Minister Boris Johnson's government on Saturday to quickly explain how it wants to proceed with Brexit preparations after losing another parliamentary vote. Spokeswoman Mina Andreeva said Brussels "takes note of

Published 20 Oct, 2019 12:00am

Business & Economy

FIs, businesses apprised about state of economy

Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh and his delegation, currently visiting Washington DC, have apprised heads of various global financial institutions and business leaders about the overall state of Pakistan economy

Published 20 Oct, 2019 12:00am

FIs, businesses apprised about state of economy

Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh and his delegation, currently visiting Washington DC, have apprised heads of various global financial institutions and business leaders about the overall state of Pakistan economy

Published 20 Oct, 2019 12:00am

General News

PM Khan praises economic team for 'great achievement' within a year

Prime Minister Imran Khan on late Friday night said that the country's economic state has improved within a year. In a tweet shared by the premier on his official Tweeter account, the PM outlined that the country's exports have increased by 5.9 per cent a

Published 20 Oct, 2019 12:00am

PM Khan praises economic team for 'great achievement' within a year

Prime Minister Imran Khan on late Friday night said that the country's economic state has improved within a year. In a tweet shared by the premier on his official Tweeter account, the PM outlined that the country's exports have increased by 5.9 per cent a

Published 20 Oct, 2019 12:00am

Money & Banking

Bank Alfalah profit before tax up by 16 percent

The Board of Directors of Bank Alfalah Limited in its meeting held on October 18, 2019, in Abu Dhabi, approved the Bank's unaudited interim financial statements for the period ended September 30, 2019. The Bank's pre-tax profits grew by 16 percent from a

Updated 21 Oct, 2019 07:35am

Bank Alfalah profit before tax up by 16 percent

The Board of Directors of Bank Alfalah Limited in its meeting held on October 18, 2019, in Abu Dhabi, approved the Bank's unaudited interim financial statements for the period ended September 30, 2019. The Bank's pre-tax profits grew by 16 percent from a

Published 20 Oct, 2019 12:00am

Business & Economy

Pledges made with businesspeople: There has been no progress on the ground?

There has been no progress on the ground with regard to pledges made with business community during their recent meetings with Prime Minister Imran Khan and Chief of Army Staff Qamar Javed Bajwa, was consensus during an Aaj TV programme Pasia Bolta Hai wi

Published 20 Oct, 2019 12:00am

Pledges made with businesspeople: There has been no progress on the ground?

There has been no progress on the ground with regard to pledges made with business community during their recent meetings with Prime Minister Imran Khan and Chief of Army Staff Qamar Javed Bajwa, was consensus during an Aaj TV programme Pasia Bolta Hai wi

Published 20 Oct, 2019 12:00am

IT & Computers

Google completes first drone delivery in the US

Alphabet (Google) subsidiary Wing has become the first company in the United States to deliver packages by drone. In Christiansburg, the small Virginia town chosen as Wing's test location, the 22,000 residents can order products normally shipped by FedEx,

Updated 21 Oct, 2019 07:07am

Google completes first drone delivery in the US

Alphabet (Google) subsidiary Wing has become the first company in the United States to deliver packages by drone. In Christiansburg, the small Virginia town chosen as Wing's test location, the 22,000 residents can order products normally shipped by FedEx,

Published 20 Oct, 2019 12:00am

General News

JUI-F's Azadi March: Mufti Naeem against participation of seminary students

Opposing the Jamiat Ulema-e-Islam-Fazl's (JUI-F) Azadi March, Jamia Binoria Aalimiyah chief Mufti Muhammad Naeem on Saturday said that seminaries' students should not be used for political gains.

Published 20 Oct, 2019 12:00am

JUI-F's Azadi March: Mufti Naeem against participation of seminary students

Opposing the Jamiat Ulema-e-Islam-Fazl's (JUI-F) Azadi March, Jamia Binoria Aalimiyah chief Mufti Muhammad Naeem on Saturday said that seminaries' students should not be used for political gains.

Published 20 Oct, 2019 12:00am

General News

Tens of thousands protest in Lebanon for third day

Tens of thousands of Lebanese people took to the streets Saturday for a third day of protests against tax increases and alleged official corruption despite several arrests by security forces. They streamed into the streets around the country's parliament

Published 20 Oct, 2019 12:00am

Tens of thousands protest in Lebanon for third day

Tens of thousands of Lebanese people took to the streets Saturday for a third day of protests against tax increases and alleged official corruption despite several arrests by security forces. They streamed into the streets around the country's parliament

Published 20 Oct, 2019 12:00am

Wheat & sugar: PM directs ministries to bring down prices: Firdous

Special Assistant to Prime Minister on Information and Broadcasting has said that Prime Minister Imran Khan taking strict notice of rising inflation has directed the authorities concerned to take steps to bring down the price of flour.

Published 20 Oct, 2019 12:00am

Wheat & sugar: PM directs ministries to bring down prices: Firdous

Special Assistant to Prime Minister on Information and Broadcasting has said that Prime Minister Imran Khan taking strict notice of rising inflation has directed the authorities concerned to take steps to bring down the price of flour.

Published 20 Oct, 2019 12:00am

General News

Sanaullah drug case: Minister for shifting case to Rawalpindi for witness protection

Minister for Narcotics Control Shehryar Khan Afridi on Saturday said that lives of witnesses in the Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanaullah drug case are in danger and, therefore, the trial should be shifted to Rawalpindi for protection

Published 20 Oct, 2019 12:00am

Sanaullah drug case: Minister for shifting case to Rawalpindi for witness protection

Minister for Narcotics Control Shehryar Khan Afridi on Saturday said that lives of witnesses in the Pakistan Muslim League-Nawaz (PML-N) leader Rana Sanaullah drug case are in danger and, therefore, the trial should be shifted to Rawalpindi for protection

Published 20 Oct, 2019 12:00am

General News

15 die in dam collapse

Fifteen people were killed and another six missing after an illegally built dam collapsed at an artisanal gold mine in a remote Siberian settlement on Saturday, in the latest deadly accident to hit Russia. The dam on the Seiba River in the Siberian region

Published 20 Oct, 2019 12:00am

15 die in dam collapse

Fifteen people were killed and another six missing after an illegally built dam collapsed at an artisanal gold mine in a remote Siberian settlement on Saturday, in the latest deadly accident to hit Russia. The dam on the Seiba River in the Siberian region

Published 20 Oct, 2019 12:00am

PM's peace initiative

While most of the countries either selectively support geostrategic rivals in the Gulf region or prefer to remain ambivalent, Pakistan and Japan are the two countries whose leaderships are visibly concerned about tensions in the region and beyond. Prime M

Updated 21 Oct, 2019 06:12am

The royal visit

As suffocating hopelessness permeated Pakistan over the last week there was a whiff of fresh air - and that was the visit of future king of Britain and his charming consort. The five-day visit of Prince William and Duchess of Cambridge Kate Middleton chee

Updated 21 Oct, 2019 06:13am

Articles

'Miracle on Indus River' possible

South Korea has the second-highest Human Development Index in Asia and a GDP per capita of over US$29,700. Just fifty years ago, South Korea's present situation seemed incredibly improbable. In 1963, it was a low income agrarian economy with a GDP per cap

Published 20 Oct, 2019 12:00am

Articles

Responsible citizenship

Unity is imperative to develop a progressive state that provides for the welfare of its people. Take the examples of Malaysia, Indonesia, or Bangladesh. Their limited resources did not hinder their quest for progress and instead these countries are far mo

Published 20 Oct, 2019 12:00am

Articles

Canada election brings call to arms against gun violence

Long associated with gang violence, the Regent Park neighborhood of Canada's largest city Toronto has changed. But firearms continue to claim lives, prompting calls ahead of national elections Monday for tougher gun controls.

Published 20 Oct, 2019 12:00am

Articles

What next after British MPs refused to back latest Brexit deal?

British MPs have again ruptured the Brexit process by withholding their support for Prime Minister Boris Johnson's new divorce deal with the European Union.

Published 20 Oct, 2019 12:00am

Letters

New 'Cold War'

Although the Cold War had ended with the fall of the Berlin Wall and the breakup of the Soviet Union 30 years ago, a new 'Cold War' seems to be playing out between the US and Russia these days. According to media reports, Russian authorities removed three

Published 20 Oct, 2019 12:00am

Business & Economy

KP traders' associations, protesting doctors refuse to join Azadi March

The traders' associations and protesting doctors of Khyber Pakhtunkhwa (KP) have categorically refused to join the Azadi March announced by Jamiat Ulema-e Islam (F) chief Maulana Fazlur Rehman.

Published 20 Oct, 2019 12:00am

General News

Property dispute: Five of a family shot dead in Mardan

Five persons of a family on Saturday shot dead over property dispute in Gujar Garhi area in Mardan district. Police said the victims include a woman, her three sons and a granddaughter. They said the suspects managed to escape afterwards as heavy continge

Published 20 Oct, 2019 12:00am

General News

PHC declares Action-in-Aid Civil Power Ordinance as unconstitutional

Peshawar High Court (PHC) has declared the Action-in-Aid to Civil Power Ordinance as null and void and unconstitutional. The Ordinance was promulgated by Governor of Khyber Pakhtunkhwa Shah Farman in September 2019.

Published 20 Oct, 2019 12:00am

General News

Crime incidence on the rise in federal capital

The incidents of armed snatching, robbery and carjacking registered a significant increase in the federal capital, as over 10 cases of various kinds of thefts and 11 cases of car lifting were reported to different police stations of the city.

Published 20 Oct, 2019 12:00am

General News

Antonio Guterres pays tribute to Maleeha

United Nations Secretary-General Antonio Guterres has paid tribute to Maleeha Lodhi, Pakistan's outgoing Permanent Representative to the United Nations, for her efforts to make her country proud. The UN Secretary-General has expressed his "gratitude and a

Published 20 Oct, 2019 12:00am

General News

Enthronement ceremony of Emperor Naruhito: President to visit Japan on October 20

On the invitation of the government of Japan, President Dr Arif Alvi will be visiting Japan from 20-24 October 2019 to attend the enthronement ceremony of His Majesty Emperor Naruhito. The ceremony is expected to be attended by a large number of heads of

Published 20 Oct, 2019 12:00am

Business & Economy

Audit report reveals misappropriation of funds in KP accounts: ANP

Provincial President, ANP Khyber Pakhtunkhwa Aimal Wali Khan has said that Audit Report 2016-17 on the Departments of Khyber Pakhtunkhwa has revealed the misappropriation of Rs 8 billion and regularities to the tone of Rs 53 billion.

Published 20 Oct, 2019 12:00am

Energy

Shale & tight gas: OGDCL, foreign companies to start exploration by end of year

The Oil and Gas Development Company Limited (OGDCL) will start exploration of shale and tight gas in joint ventures with foreign companies by the end of current year.

Updated 21 Oct, 2019 07:43am

General News

Senior journalist Abdul Wahid Yusfi laid to rest

Senior journalist and founder of the Daily Aaj, Abdul Wahid Yusfi was laid to rest at his ancestral graveyard here on Saturday.

Published 20 Oct, 2019 12:00am

General News

Chehlum of Imam Hussain observed peacefully

The 'Chehlum' of Hazrat Imam Hussain (AS) was observed on Saturday with religious spirit, devotion and respect amid tight security arrangements in the federal capital.

Published 20 Oct, 2019 12:00am

Energy

220kV Nawabshah Substation: Rs 4.489 billion financing may be arranged from ADB

Federal government is likely to arrange Rs 4.489 billion foreign financing from Asian Development Bank (ADB) for 220kV Nawabshah Substation.

Updated 21 Oct, 2019 07:35am

General News

Punjab government to shutdown Saaf Paani Company

The Punjab government is set to shut down Saaf Paani Company, both in the South and North zones, sources said.

Published 20 Oct, 2019 12:00am

Money & Banking

ST refund bonds: SBP urged to direct banks and FIs

President, Karachi Chamber of Commerce & Industry (KCCI), Agha Shahab Ahmed Khan, has requested the State Bank of Pakistan (SBP) to issue instructions to the banks and Financial Institutions (FIs) to immediately start accepting Sales Tax Refund Bonds as t

Updated 21 Oct, 2019 07:35am

Business & Economy

DICE, SSUET launch prototype of first-ever 'Made in Pakistan' electric car

Distinguished Innovations, Collaboration and Entrepreneurship (DICE) and Sir Syed University Engineering & Technology (SSUET) on Saturday launched the prototype of first ever 'Made in Pakistan' electric car.

Published 20 Oct, 2019 12:00am

Business & Economy

Traders announce two-day strike from October 29

Traders have announced to go for a two-day strike on Oct 29, 30 in the city to press their demands after holding a 'successful' hunger protest last week, businessmen said on Saturday.

Published 20 Oct, 2019 12:00am

Business & Economy

Sindh Food department asks Centre to provide 400,000MT wheat more

Sindh Minister for Food and Minorities Affairs Hari Ram Kishori Lal has said that considering the needs of the domestic consumers, Sindh Food department had requested federal government to provide further 400,000 metric tonnes of wheat.

Published 20 Oct, 2019 12:00am

General News

Snowfall in Naran, Babusar Top

Naran Valley of Hazara Division on Saturday received the first spell of snowfall of the current autumn that herald the fall of winter in the area while Babusar Top received second spell of the current winter season. Heavy rain was recorded in the rest of

Published 20 Oct, 2019 12:00am

Cotton & Textile

Zero-rated status: PTA for including leather sector in 2nd FTA with China

Chairman, Pakistan Tanners Association (PTA), Sheikh Afzal Hussain, has urged Adviser to Prime Minister on Commerce & Textile, Abdul Razzak Dawood to look into the specific issues of leather sector particularly for inclusion of finished leather/dyed leath

Updated 22 Oct, 2019 06:42am

Business & Economy

CPFTA-II to be instrumental in enhancing bilateral trade: FPCCI president

President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Engr Daroo Khan Achakzai has appreciated the strenuous efforts made by the Prime Minister and his team in preparation of long awaited China-Pakistan Free Trade Agreement (CPFT

Published 20 Oct, 2019 12:00am

Business & Economy

SAI chief calls for controlling street crimes

President of SITE Association of Industry (SAI), Suleman Chawla has urged the federal and provincial governments to pay special attention to the issues of Karachi, particularly the rising street crimes which must be tackled immediately in order to ensure

Published 20 Oct, 2019 12:00am

General News

No one can remove PTI government through shortcut, claims governor

Sindh Governor Imran Ismail has said a sit-in for the sake of power alone will never succeed because the people have elected Prime Minister Imran Khan for five years. He said the present government has not come through a back door but has come to power th

Published 20 Oct, 2019 12:00am

Business & Economy

PIA chief visits Lahore's technical ground support section

President & CEO PIA, Air Marshal Arshad Malik visited PIA Technical Ground Support section at Lahore Airport.

Published 20 Oct, 2019 12:00am

Business & Economy

Session on SME financing held at IBA

The Center for Business and Economic Research (CBER) at the Institute of Business Administration (IBA), Karachi held the second round table Coffee@CBER session on the theme, SME financing: Issues, challenges and future prospects, at the IBA, Karachi the o

Published 20 Oct, 2019 12:00am

Business & Economy

Aerospace components: PAC, PAeC agree to evolve workable mechanism

Pakistan Aeronautical Complex (PAC) Kamra and Pakistan Aerospace Council (PAeC) have agreed to develop a workable mechanism for manufacturing aerospace components. This was decided at a meeting between Air Marshal Ahmer chairman PAC and the delegation of

Published 20 Oct, 2019 12:00am

General News

AJK PM asks Pakistan to change its policy on Kashmir

Azad Jammu Kashmir (AJK) Prime Minister Raja Farooq Haider on Saturday regretted 76 days of curfew in Indian Occupied Kashmir (IOK) and called for practical steps to ensure freedom for the Kashmiris.

Published 20 Oct, 2019 12:00am

General News

Four newborn die at Jacobabad ICU due to lack of oxygen supply

Four newborn children died at a medical centre in Thul town of Jacobabad ICU due to lack of oxygen supply. The children were admitted at the intensive care unit of the privately owned hospital, sources said.

Published 20 Oct, 2019 12:00am

Prices of essential kitchen items witness upward trend

Prices of essential kitchen items witnessed an increasing trend during this week past as compared to previous week, a survey conducted by Business Recorder revealed here on Saturday.

Published 20 Oct, 2019 12:00am

General News

Sea Thunder-IV naval exercise concludes

A bilateral exercise Sea Thunder-IV 2019 between Pakistan Navy Special Service Group and Indonesian Navy Special Operation Force (SOF) concluded. Sea Thunder is a series of bilateral exercises which is conducted annually between Pakistan and Indonesian Na

Published 20 Oct, 2019 12:00am

General News

PS-11 Larkana: By-poll result disappoints Murad

Sindh Chief Minister Syed Murad Ali Shah said that PS-11 Larkana was PPP's seat and he was disappointed on result of Larkana by-election. He claimed that voters were stopped for casting their votes and contesting candidate was also stopped going inside th

Published 20 Oct, 2019 12:00am

General News

Death rate in head injuries can be reduced with injection: research

Latest research in the medical field has been surfaced as according to the experiences made in 29 countries on 12737 patients during last seven years, death rate in case of head injuries can be reduced if injection of Transmic Acid be given to the patient

Published 20 Oct, 2019 12:00am

Telecommunication

3G, 4G users reach 72.12 million by end-September: PTA

The number of 3G and 4G users in Pakistan reached 72.12 million by end-September compared to 71.35 million by end-August 2019, said Pakistan Telecommunica-tion Authority (PTA).

Updated 21 Oct, 2019 06:50am

General News

Feedback on legislative bill for protection of street vendors' rights

PRIME Institute, in collaboration with Friedrich Naumann Stiftung, National Youth Assembly and Ahmed Bashir & Associates, on Saturday organised its Lahore Working Group Meeting to obtain feedback from multiple stakeholders on preparing a draft Legislative

Published 20 Oct, 2019 12:00am

General News

Young doctors, nurses' strike enters 10th day

The young doctors, nurses and paramedics strike at the Out-Patients Department (OPDs) in public sector hospitals across the province of Punjab entered its 10th day on Saturday against the privatisation of hospitals under the Punjab Medical Teaching Instit

Published 20 Oct, 2019 12:00am

Business & Economy

Pakistan to come out of FATF's grey list in Feb 2020: Hammad

Minister for Economic Affairs, Hammad Azhar on Saturday said that Pakistan had targeted to complete all items on its Financial Action Task Force (FATF) action plan till February 2020. Pakistan will come out of grey to white List by the given deadline, Azh

Published 20 Oct, 2019 12:00am

General News

Government accords top priority to L&O, says Buzdar

Punjab Chief Minister Sardar Usman Buzdar has assured that every possible step will be taken for safeguarding the life and property of the citizens and maintaining peace in the province.

Published 20 Oct, 2019 12:00am

General News

JUI-F may hurt democratic process: Rashid

Railways Minister Sheikh Rashid Ahmad has said that closing doors of dialogue with the government by the JUI-F could damage democratic process in the country.

Published 20 Oct, 2019 12:00am

Cotton & Textile

Export agreements to help boost carpet industry: PCMEA chairman

Pakistan Carpet Manufacturers and Exports Association (PCMEA) Chairman Muhammad Aslam Tahir Saturday said that exports accords signed during 3-day International Carpet Exhibition will help strengthen the carpet industry besides generating new job opportun

Updated 22 Oct, 2019 06:22am

General News

People keen to see real change: JI chief

Jamaat-e-Islami Emir Senator Sirajul Haq has said that people are keen to see real change as hollow slogans are not solution to their problems. "People are desperate due to skyrocketing inflation, unemployment and uncertainty in government policies. A cha

Published 20 Oct, 2019 12:00am

General News

Maximum steps taken to facilitate Sikh Yatrees: FM

Foreign Minister Shah Mahmood Qureshi says Pakistan has taken maximum steps to facilitate Sikh Yatrees who will arrive in Kartarpur to participate in celebrations of birth anniversary of Baba Guru Nanak.

Published 20 Oct, 2019 12:00am

General News

Dwellers of Sialkot to have better facilities: minister

Provincial Minister for Special Education Ch Muhammad Akhlaq has said that under Punjab Intermediate Cities programme a Master Plan is being finalized for providing improved municipal facilities to dwellers of Sialkot.

Published 20 Oct, 2019 12:00am

General News

EHL offers free mammography till 30th

The Evercare Hospital Lahore (EHL) is offering free mammography and free check up for women at hospital from October 19 to 30, which is a part of effort to raise awareness about breast cancer.

Published 20 Oct, 2019 12:00am

Business & Economy

Australia, Pakistan urged to explore new avenues for expanding trade

"Australia and Pakistan should actively explore new avenues to expand trade and investment as both countries have significant prospects to grow bilateral trade and investment."

Published 20 Oct, 2019 12:00am

Business & Economy

PIAF demands incentives for overseas Pakistanis

The Pakistan Industrial & Traders Association Front (PIAF) has asked the government to announce incentives and attractive package for Oversees Pakistanis to enhance the volume of foreign inflows, as the country received 1.43 percent less remittances amoun

Published 20 Oct, 2019 12:00am

General News

Kashmir Solidarity Day: PML-N seeks permission to hold rally on October 27

Pakistan Muslim League-Nawaz (PML-N) Lahore has moved an application to the district administration Lahore seeking permission to hold rally in Lahore on October 27, to express solidarity with the Kashmiris facing Indian atrocities.

Published 20 Oct, 2019 12:00am

General News

DC for coordinated efforts to control smog problem

Deputy Commissioner Muhammad Ali has directed for mobilizing coordinated efforts to control the possible situation of smog during the current season and performance reports be submitted regularly in this regard.

Published 20 Oct, 2019 12:00am

General News

JI to move SC for convening LG polls

The Jamaat-e-Islami has announced to approach the Supreme Court of Pakistan for holding of local government elections.

Published 20 Oct, 2019 12:00am

General News

Punjab government asked to amend LG Act

The provincial Election Commission has directed the Punjab government to amend the Local Government Act and include provisions of the Election Act 2017 in it.

Published 20 Oct, 2019 12:00am

General News

Catalan leaders demand talks with Madrid after clashes

Separatist Catalan leaders on Saturday called on the Spanish government to enter into talks as Barcelona braced for fresh violence after days of clashes between police and protesters. Nearly 200 people were hurt in another night of clashes with radical se

Published 20 Oct, 2019 12:00am

General News

North Macedonia PM calls for snap election after EU snub

North Macedonia's prime minister on Saturday proposed a snap election after the EU blocked the start of membership talks, scrambling what had been the key policy goal of his administration.

Published 20 Oct, 2019 12:00am

General News

HK democracy activist injured in knife attack

A man handing out leaflets for a Hong Kong pro-democracy protest was attacked by a knife-wielding assailant who slashed his neck and abdomen on Saturday, days after a leading activist was left bloodied in another street attack.

Published 20 Oct, 2019 12:00am

General News

Thousands of opposition supporters rally in Ivory Coast

Tens of thousands of people attended a rally by the opposition Ivorian Democratic Party (PDCI) on Saturday in preparation for next year's presidential election.

Published 20 Oct, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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