BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2016-11-30
Wall Street slips as banks, discretionary stocks drag

Wall Street slips as banks, discretionary stocks drag

US stocks declined on Monday for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week. The three major US indexes h
Published 30 Nov, 2016 12:00am
Tokyo stocks down as 'Trump rally' fizzles

Tokyo stocks down as 'Trump rally' fizzles

Tokyo stocks ended lower Tuesday as markets took a breather following a string of recent gains that propelled the benchmark index to its highest level in 11 months. Japanese shares advanced last week as the yen tumbled against the dollar on expectations t
Published 30 Nov, 2016 12:00am
Consumers, exports give US economy muscle in Q3

Consumers, exports give US economy muscle in Q3

The US economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports. Gross domestic product increased at a 3.2 percent annual rate instead of
Published 30 Nov, 2016 12:00am
Uber defends business model, wants to avert strict EU rules

Uber defends business model, wants to avert strict EU rules

Uber defended its business model in Europe's highest court on Tuesday, saying its service had made it easier for people to get around and cut pollution as it fights a case which could leave app-based startups facing tougher regulation. The ride-hailing ap
Published 30 Nov, 2016 12:00am
Italian banks hold nearly a third of euro zone's bad loans: ECB

Italian banks hold nearly a third of euro zone's bad loans: ECB

Italian banks are holding nearly a third of the 990 billion euros ($1.05 trillion) of unpaid loans at top euro zone lenders, European Central Bank data showed on Tuesday, underscoring the challenge facing Italy at a time of political and market upheaval.
Published 30 Nov, 2016 12:00am
New British bank notes fall foul of vegetarians
Currency

New British bank notes fall foul of vegetarians

Britain's new plastic five-pound notes, bearing the portrait of wartime Prime Minister Winston Churchill, have fallen foul of thousands of people who object to the use of animal fats in their manufacture. An online petition against the notes, started by c
Published 30 Nov, 2016 12:00am
Eurogroup head warns UK: no financial hub without EU rules

Eurogroup head warns UK: no financial hub without EU rules

Eurogroup head Jeroen Dijsselbloem warned Tuesday that it would be impossible to maintain Europe's financial capital in London if Britain chooses to thwart EU rules after Brexit. "Being quite frank, we can't allow the financial services centre for Europe
Published 30 Nov, 2016 12:00am
Tunisia wins billion-dollar pledges for ailing economy

Tunisia wins billion-dollar pledges for ailing economy

Tunisia won pledges of more than a billion dollars in financial support at an investment conference Tuesday aimed at reviving the country's struggling economy. Nearly six years after its Arab Spring revolution, Tunisia hopes the meeting will help it tackl
Published 30 Nov, 2016 12:00am
Airbus cuts 1,100 jobs in France, Germany

Airbus cuts 1,100 jobs in France, Germany

Airbus announced Tuesday it was cutting more than 1,100 jobs in Europe and closing one of its sites in the Paris region as part of an ongoing restructuring programme. A total of 640 jobs will be lost in France, mostly affecting operations in Suresnes, nea
Published 30 Nov, 2016 12:00am
Turkey tourism down 25 percent

Turkey tourism down 25 percent

The number of foreign visitors to Turkey fell by a quarter in October, official data showed on Tuesday, the smallest contraction in seven months as arrivals from Russia showed a marked recovery after Ankara restored ties with Moscow. Tourism, which adds a
Published 30 Nov, 2016 12:00am
Saudi government infusing cash into economy, may boost growth

Saudi government infusing cash into economy, may boost growth

Saudi Arabia's government has begun injecting large amounts of money into the economy, which could boost growth at the end of this year after a sharp slowdown due to low oil prices, central bank data showed on Monday. Its finances strained by shrunken oil
Published 30 Nov, 2016 12:00am
1.4 billion jobs depend on pollinators: report

1.4 billion jobs depend on pollinators: report

About 1.4 billion jobs and three-quarters of all crops depend on pollinators, researchers said Monday warning of a dire threat to human welfare if the falls in bee and butterfly numbers are not halted. "World food supplies and jobs are at risk unless urge
Published 30 Nov, 2016 12:00am
Italy's Monte dei Paschi lists multiple threats to rescue plan

Italy's Monte dei Paschi lists multiple threats to rescue plan

More than 8 billion euros of legal claims against Monte dei Paschi di Siena, its weakening liquidity and the potential for more bad loan writedowns are among risks the bank says could scupper its 5-billion-euro rescue plan. In a 146-page prospectus for a
Published 30 Nov, 2016 12:00am
Spain awards 786 million euro high-speed train contract to Talgo

Spain awards 786 million euro high-speed train contract to Talgo

Spain has awarded a contract worth 786 million euros ($832 million) to supply and maintain 15 new high-speed trains for Spanish train maker Talgo, the public works minister said Monday. Talgo beat out rival bids by Germany's Siemens and France's Alstom fo
Published 30 Nov, 2016 12:00am
Sri Lanka keeps rates steady as credit frenzy starts to ease
Currency

Sri Lanka keeps rates steady as credit frenzy starts to ease

Sri Lanka's central bank kept its benchmark interest rates steady on Tuesday for a fourth straight month, as expected, saying its policy settings remained appropriate as high credit growth shows signs of moderating. The Central Bank of Sri Lanka, which ha
Published 30 Nov, 2016 12:00am
Kuwait to buy 28 F-18 warplanes

Kuwait to buy 28 F-18 warplanes

Kuwait will buy 28 Boeing F/A-18 Super Hornets to replace a fleet of earlier versions of the US fighter jets, a top official said Monday. The value of the deal is not expected to exceed $5 billion, the KUNA state news agency reported the head of armament
Published 30 Nov, 2016 12:00am
Kuwait to buy 28 F-18 warplanes

Kuwait to buy 28 F-18 warplanes

Kuwait will buy 28 Boeing F/A-18 Super Hornets to replace a fleet of earlier versions of the US fighter jets, a top official said Monday. The value of the deal is not expected to exceed $5 billion, the KUNA state news agency reported the head of armament
Published 30 Nov, 2016 12:00am
Austrian growth edged up in Q3

Austrian growth edged up in Q3

Austrian economic growth accelerated slightly in the third quarter, driven by private consumption and investment by companies, but imports again grew faster than exports, the economic think-tank WIFO confirmed on Tuesday. Gross domestic product (GDP) rose
Published 30 Nov, 2016 12:00am
Canada rental vacancy rate rises; Vancouver, Toronto still hot

Canada rental vacancy rate rises; Vancouver, Toronto still hot

Canada's rental vacancy rate edged up in 2016 as the supply of apartments increased, but rental housing was harder to find in Vancouver and Toronto, where a long housing boom has driven real estate investment and a condo building boom. Canada's vacancy ra
Published 30 Nov, 2016 12:00am
China's residential property market outlook stable in 2017: Moody's

China's residential property market outlook stable in 2017: Moody's

The outlook for China's residential property market in 2017 is stable, Moody's Investors Service said in a report on Monday. A sharp decline in home prices is "unlikely" in the next six to 12 months, given relative low inventory levels in first- and secon
Published 30 Nov, 2016 12:00am
Indonesia plans to halt corn imports by 2018

Indonesia plans to halt corn imports by 2018

Indonesia plans to stop imports of corn by 2018 "at the latest", the agriculture minister said on Monday, amid government efforts to promote domestic production of the grain as part of a broader push for food self-sufficiency. Indonesia's corn imports had
Published 30 Nov, 2016 12:00am
Cotton market prices fall slightly on moderate trade
Cotton

Cotton market prices fall slightly on moderate trade

Rates came down marginally on the cotton market on Tuesday in the process of moderate trade activity, dealers said. The official spot rate was lower by Rs 50 to Rs 6250, dealers said. In Sindh, seed cotton prices were at Rs 2600-3250, they said that in Pu
Published 30 Nov, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 147,548 tonnes of cargo comprising 102,534 tonnes of import cargo and 45,014 tonnes of export cargo including 6,266 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargo of 10
Published 30 Nov, 2016 12:00am
Russian wheat export prices rise for 10th week in a row

Russian wheat export prices rise for 10th week in a row

Russian wheat export prices rose for the 10th week in a row last week supported by strong demand for cereals with high protein content, an agricultural consultancy said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content for De
Published 30 Nov, 2016 12:00am
US FOB Gulf soyabean offers steady

US FOB Gulf soyabean offers steady

Export premiums for soyabeans shipped from the US Gulf Coast held mostly steady on Monday on moderate demand and ample available supplies, traders said. Top importer China has been actively buying soyabeans on the world market in recent weeks as domestic
Published 30 Nov, 2016 12:00am
Light rain boosts Ivory Coast's cocoa crop

Light rain boosts Ivory Coast's cocoa crop

Light rain mixed with sunny spells across most of Ivory Coast's main cocoa growing regions last week will boost the October-to-March main crop, farmers said on Monday, though some reported dry seasonal winds had started early. The world's top cocoa produc
Published 30 Nov, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,022. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.77 billion and the number of lots traded was 19,846. Major business was contributed by curr
Published 30 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Nov, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Nov, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 30 Nov, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 30 Nov, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Bill buying rates per unit of currency
Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (November 29, 2016).
Published 30 Nov, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Zardari calls new CoAS

Zardari calls new CoAS

Former president Asif Ali Zardari has telephoned General Qamar Javed Bajwa and congratulated him on assuming his new assignment as the Chief of Army Staff. Aaj News reported on Tuesday night that Zardari assured him that his party and Pakistani nat
Published 30 Nov, 2016 12:00am
Thailand foils Indian bid to hold Baloch separatists' moot

Thailand foils Indian bid to hold Baloch separatists' moot

Thailand has foiled a bid of the Indian government to hold a conference of Baloch separatists in Bangkok, Aaj News reported on Tuesday night. The channel further reported that the Indian embassy in Bangkok had got Baloch separatists gathered in Tha
Published 30 Nov, 2016 12:00am
Two Turkish soldiers missing in Syria

Two Turkish soldiers missing in Syria

Two Turkish soldiers are missing in Syria, the army said late on Tuesday, as the military presses an operation to expel Islamic State (IS) jihadists from the border area. "Contact was lost with two of our soldiers," a military statement said. Earlier the
Published 30 Nov, 2016 12:00am
Brazilian footballers killed in Colombia plane crash

Brazilian footballers killed in Colombia plane crash

A plane carrying a Brazilian football team crashed in the mountains in Colombia, killing an estimated 75 people while six survived, including several players, officials said Tuesday. The LAMIA airlines charter declared an emergency at around 10:00 pm (030
Published 30 Nov, 2016 12:00am
Brazilian footballers killed in Colombia plane crash

Brazilian footballers killed in Colombia plane crash

A plane carrying a Brazilian football team crashed in the mountains in Colombia, killing an estimated 75 people while six survived, including several players, officials said Tuesday. The LAMIA airlines charter declared an emergency at around 10:00 pm (030
Published 30 Nov, 2016 12:00am
China puts brakes on overseas spending spree
Currency

China puts brakes on overseas spending spree

Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. Authorities will "combine facilitating fore
Published 30 Nov, 2016 12:00am
China puts brakes on overseas spending spree
Currency

China puts brakes on overseas spending spree

Beijing is tightening screening on Chinese companies' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. Authorities will "combine facilitating fore
Published 30 Nov, 2016 12:00am
China puts brakes on overseas spending spree
Currency

China puts brakes on overseas spending spree

Beijing is tightening screening on Chinese companies'' overseas investments, according to the government and reports, after a record-setting shopping spree raised concerns of capital flight and reckless spending. Authorities will "combine facilitating for
Published 30 Nov, 2016 12:00am
Kishanganga, Ratle projects: Pakistan agrees to mediation

Kishanganga, Ratle projects: Pakistan agrees to mediation

Pakistan has reportedly agreed on the resolution of a dispute on 330 MW Kishanganga and 850 MW Ratle hydroelectric projects through "mediation" instead of Court of Arbitration (CoA), a stance earlier proudly claimed by the Ministry of Water and Power. A P
Published 30 Nov, 2016 12:00am
Kishanganga, Ratle projects: Pakistan agrees to mediation

Kishanganga, Ratle projects: Pakistan agrees to mediation

Pakistan has reportedly agreed on the resolution of a dispute on 330 MW Kishanganga and 850 MW Ratle hydroelectric projects through "mediation" instead of Court of Arbitration (CoA), a stance earlier proudly claimed by the Ministry of Water and Power. A P
Published 30 Nov, 2016 12:00am
Kishanganga, Ratle projects: Pakistan agrees to mediation

Kishanganga, Ratle projects: Pakistan agrees to mediation

Pakistan has reportedly agreed on the resolution of a dispute on 330 MW Kishanganga and 850 MW Ratle hydroelectric projects through "mediation" instead of Court of Arbitration (CoA), a stance earlier proudly claimed by the Ministry of Water and Power. A P
Published 30 Nov, 2016 12:00am
Raheel passes baton to Bajwa

Raheel passes baton to Bajwa

General Qamar Javed Bajwa on Tuesday took over as new Chief of Army Staff (CoAS) at a ceremony held in Army Hockey Stadium of the General Headquarters. Outgoing army chief General Raheel Sharif was presented a farewell salute after he passed the baton of
Published 30 Nov, 2016 12:00am
Raheel passes baton to Bajwa

Raheel passes baton to Bajwa

General Qamar Javed Bajwa on Tuesday took over as new Chief of Army Staff (CoAS) at a ceremony held in Army Hockey Stadium of the General Headquarters. Outgoing army chief General Raheel Sharif was presented a farewell salute after he passed the baton of
Published 30 Nov, 2016 12:00am
Outgoing CoAS issues stern warning to India

Outgoing CoAS issues stern warning to India

Outgoing military chief General Raheel Sharif warned India Tuesday it would be dangerous to mistake his country's "restraint" over recent tensions in disputed Kashmir for weakness, as he handed over power to his successor. The hugely popular General Rahee
Published 30 Nov, 2016 12:00am
Outgoing CoAS issues stern warning to India

Outgoing CoAS issues stern warning to India

Outgoing military chief General Raheel Sharif warned India Tuesday it would be dangerous to mistake his country's "restraint" over recent tensions in disputed Kashmir for weakness, as he handed over power to his successor. The hugely popular General Rahee
Published 30 Nov, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 Nov, 2016 12:00am
Army base attacked: seven Indian soldiers killed in IHK

Army base attacked: seven Indian soldiers killed in IHK

Seven Indian soldiers were killed after militants disguised as policemen stormed a major army base near the frontier with Pakistan on Tuesday, as tensions between the two neighbours ran high after weeks of cross-border firing. Four suspected militants wer
Published 30 Nov, 2016 12:00am
Army base attacked: seven Indian soldiers killed in IHK

Army base attacked: seven Indian soldiers killed in IHK

Seven Indian soldiers were killed after militants disguised as policemen stormed a major army base near the frontier with Pakistan on Tuesday, as tensions between the two neighbours ran high after weeks of cross-border firing. Four suspected militants wer
Published 30 Nov, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange (PSX) Tuesday opened on a positive note pushing the KSE-100 index to 43,296.38 points intra-day high. However, investors opted to offload their holdings that pushed the index below 43,000 psychological level. The KSE-100 index clos
Published 30 Nov, 2016 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange (PSX) Tuesday opened on a positive note pushing the KSE-100 index to 43,296.38 points intra-day high. However, investors opted to offload their holdings that pushed the index below 43,000 psychological level. The KSE-100 index clos
Published 30 Nov, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange (PSX) Tuesday opened on a positive note pushing the KSE-100 index to 43,296.38 points intra-day high. However, investors opted to offload their holdings that pushed the index below 43,000 psychological level. The KSE-100 index clos
Published 30 Nov, 2016 12:00am
BRIndex30 sheds 149.04 points

BRIndex30 sheds 149.04 points

On Tuesday, BRIndex30 opened at 24,554.71 points. It touched an intraday high of 24,681.50 points and an intraday low of 24,393.63 points and closed at 24,405.67 points which was -149.04 points or -0.61 percent lower than previous close. Total volume was
Published 30 Nov, 2016 12:00am
BRIndex30 sheds 149.04 points

BRIndex30 sheds 149.04 points

On Tuesday, BRIndex30 opened at 24,554.71 points. It touched an intraday high of 24,681.50 points and an intraday low of 24,393.63 points and closed at 24,405.67 points which was -149.04 points or -0.61 percent lower than previous close. Total volume was
Published 30 Nov, 2016 12:00am
Sale of 40 percent stake: PSX set to open bids on December 5

Sale of 40 percent stake: PSX set to open bids on December 5

Pakistan Stock Exchange (PSX) is scheduled to open bids on Monday, December 5, 2016 submitted by foreign strategic investors and local institutions to acquire 40 percent stake of the bourse. Initially, 17 bids have been submitted by foreign and local stra
Published 30 Nov, 2016 12:00am
Sale of 40 percent stake: PSX set to open bids on December 5

Sale of 40 percent stake: PSX set to open bids on December 5

Pakistan Stock Exchange (PSX) is scheduled to open bids on Monday, December 5, 2016 submitted by foreign strategic investors and local institutions to acquire 40 percent stake of the bourse. Initially, 17 bids have been submitted by foreign and local stra
Published 30 Nov, 2016 12:00am
Sale of 40 percent stake: PSX set to open bids on December 5

Sale of 40 percent stake: PSX set to open bids on December 5

Pakistan Stock Exchange (PSX) is scheduled to open bids on Monday, December 5, 2016 submitted by foreign strategic investors and local institutions to acquire 40 percent stake of the bourse. Initially, 17 bids have been submitted by foreign and local stra
Published 30 Nov, 2016 12:00am
IP project still facing sanctions, National Assembly told

IP project still facing sanctions, National Assembly told

Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi, Tuesday told the National Assembly that Iran-Pakistan gas pipeline project is still facing sanctions and any progress on the project is not possible unless sanctions on Tehran are complet
Published 30 Nov, 2016 12:00am
IP project still facing sanctions, National Assembly told

IP project still facing sanctions, National Assembly told

Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi, Tuesday told the National Assembly that Iran-Pakistan gas pipeline project is still facing sanctions and any progress on the project is not possible unless sanctions on Tehran are complet
Published 30 Nov, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
IP project still facing sanctions, National Assembly told

IP project still facing sanctions, National Assembly told

Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi, Tuesday told the National Assembly that Iran-Pakistan gas pipeline project is still facing sanctions and any progress on the project is not possible unless sanctions on Tehran are complet
Published 30 Nov, 2016 12:00am
Afghan Taliban offers to protect infrastructure projects

Afghan Taliban offers to protect infrastructure projects

The Afghan Taliban Tuesday pledged to protect billions of dollars worth of infrastructure projects throughout the country, many of which have been stalled for years due to militant violence and insecurity. The militant group, which has been repeatedly acc
Published 30 Nov, 2016 12:00am
Afghan Taliban offers to protect infrastructure projects

Afghan Taliban offers to protect infrastructure projects

The Afghan Taliban Tuesday pledged to protect billions of dollars worth of infrastructure projects throughout the country, many of which have been stalled for years due to militant violence and insecurity. The militant group, which has been repeatedly acc
Published 30 Nov, 2016 12:00am
Afghan Taliban offers to protect infrastructure projects

Afghan Taliban offers to protect infrastructure projects

The Afghan Taliban Tuesday pledged to protect billions of dollars worth of infrastructure projects throughout the country, many of which have been stalled for years due to militant violence and insecurity. The militant group, which has been repeatedly acc
Published 30 Nov, 2016 12:00am
Afghan Taliban offers to protect infrastructure projects

Afghan Taliban offers to protect infrastructure projects

The Afghan Taliban Tuesday pledged to protect billions of dollars worth of infrastructure projects throughout the country, many of which have been stalled for years due to militant violence and insecurity. The militant group, which has been repeatedly acc
Published 30 Nov, 2016 12:00am
Rupee sheds more value
Currency

Rupee sheds more value

The rupee continued its fall against the dollar on the money market on Tuesday in the process of trading, dealers said. Commenting on the persisting fall in the rupee's value versus the dollar, some money experts said that rising demand in the world and l
Published 30 Nov, 2016 12:00am
K-E allowed to raise tariff by 48 paisa for October

K-E allowed to raise tariff by 48 paisa for October

National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric (K-E) to increase power tariff by 48 paisa per unit for October 2016 under the monthly fuel price adjustment mechanism. The decision was taken at a public hearing presided o
Published 30 Nov, 2016 12:00am
Rupee sheds more value
Currency

Rupee sheds more value

The rupee continued its fall against the dollar on the money market on Tuesday in the process of trading, dealers said. Commenting on the persisting fall in the rupee's value versus the dollar, some money experts said that rising demand in the world and l
Published 30 Nov, 2016 12:00am
K-E allowed to raise tariff by 48 paisa for October

K-E allowed to raise tariff by 48 paisa for October

National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric (K-E) to increase power tariff by 48 paisa per unit for October 2016 under the monthly fuel price adjustment mechanism. The decision was taken at a public hearing presided o
Published 30 Nov, 2016 12:00am
K-E allowed to raise tariff by 48 paisa for October

K-E allowed to raise tariff by 48 paisa for October

National Electric Power Regulatory Authority (Nepra) has allowed Karachi Electric (K-E) to increase power tariff by 48 paisa per unit for October 2016 under the monthly fuel price adjustment mechanism. The decision was taken at a public hearing presided o
Published 30 Nov, 2016 12:00am
Security Fund move finds no favour with provinces

Security Fund move finds no favour with provinces

Provinces are not expected to agree to the federal government's proposal to allocate from the federal divisible pool an additional 3 % to the Centre for meeting security expenses. Qaisar Bengali, the member of NFC Balochistan government asserted that "the
Published 30 Nov, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Security Fund move finds no favour with provinces

Security Fund move finds no favour with provinces

Provinces are not expected to agree to the federal government's proposal to allocate from the federal divisible pool an additional 3 % to the Centre for meeting security expenses. Qaisar Bengali, the member of NFC Balochistan government asserted that "the
Published 30 Nov, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Security Fund move finds no favour with provinces

Security Fund move finds no favour with provinces

Provinces are not expected to agree to the federal government''s proposal to allocate from the federal divisible pool an additional 3 % to the Centre for meeting security expenses. Qaisar Bengali, the member of NFC Balochistan government asserted that "th
Published 30 Nov, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
Include KCR project in CPEC, Murad urges Nawaz

Include KCR project in CPEC, Murad urges Nawaz

Sindh government has decided to approach the federal government for building the long-awaited Karachi Circular Railways (KCR) under China-Pakistan Economic Corridor (CPEC). Secretary Transport Taha Farooqui on Tuesday briefed the chief minister at meeting
Published 30 Nov, 2016 12:00am
Include KCR project in CPEC, Murad urges Nawaz

Include KCR project in CPEC, Murad urges Nawaz

Sindh government has decided to approach the federal government for building the long-awaited Karachi Circular Railways (KCR) under China-Pakistan Economic Corridor (CPEC). Secretary Transport Taha Farooqui on Tuesday briefed the chief minister at meeting
Published 30 Nov, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 29, 2016)

Published 30 Nov, 2016 12:00am
Include KCR project in CPEC, Murad urges Nawaz

Include KCR project in CPEC, Murad urges Nawaz

Sindh government has decided to approach the federal government for building the long-awaited Karachi Circular Railways (KCR) under China-Pakistan Economic Corridor (CPEC). Secretary Transport Taha Farooqui on Tuesday briefed the chief minister at meeting
Published 30 Nov, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 29, 2016).

Published 30 Nov, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Nov, 2016 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Nov, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (November 29, 2016) and the forecast for Wednesday (November 30, 2016).

Published 30 Nov, 2016 12:00am
Too much for doing too little
Currency

Too much for doing too little

The Cabinet under the chairmanship of Prime Minister Nawaz Sharif approved a massive raise in the salary of parliamentarians because, as per the newly-appointed Minister of State for Information Maryam Aurangzeb while briefing the media, the salaries were
Published 30 Nov, 2016 12:00am
India jailbreak

India jailbreak

Given that reports about jailbreak in the Indian Punjab city of Nabha are conflicting the whys and wherefores of the incident remains a mystery. As to how many armed men stormed the prison the reports differ. The concerned authorities say they were six or
Published 30 Nov, 2016 12:00am
Denial of rights

Denial of rights

Any civilised society looks after its weak and vulnerable members. Unfortunately in this country the transgender community is subjected to worst forms of discrimination. They are treated as lesser beings contemptuously called eunuchs who do not deserve ac
Published 30 Nov, 2016 12:00am
Opportune location

Opportune location

With the single-minded national focus on the live discussions going on all through last week in the media over the on-going process of change of guard at the General Headquarters (GHQ), an essentially strategic geo-economic two-day conference held almost
Published 30 Nov, 2016 12:00am
FTAs: Help or hindrance?

FTAs: Help or hindrance?

The Prime Minister sealed the Erdogan visit with the announcement of a Free Trade Agreement (FTA) by next year. With Boris Johnson, the tedious formality of Indian atrocities over (we already knew his position), the focus shifted to Investments and Trade.
Published 30 Nov, 2016 12:00am
Local vote in London becomes Brexit battleground

Local vote in London becomes Brexit battleground

A local by-election for parliament in the posh London suburb of Richmond on Thursday is threatening to turn into a mini-referendum on Brexit, with the defending MP a Brexiteer in a pro-EU heartland. Liberal Democrat challenger Sarah Olney, whose party wan
Published 30 Nov, 2016 12:00am
Clarification: some questions

Clarification: some questions

This is apropos a clarification of a news item carried by Business Recorder on Monday; according to it, "the Ministry of Commerce maintains 56 commercial offices in 42 countries abroad. These offices are important outposts of Ministry of Commerce f
Published 30 Nov, 2016 12:00am
US MIDDAY: gold plunges
Currency

US MIDDAY: gold plunges

Gold prices fell on Tuesday due to expectations of rising US interest rates and improving sentiment for global economic growth, which mean investors are likely to favour risk assets such as equities. Bullion prices came off their lows as the US dollar tur
Published 30 Nov, 2016 12:00am
US MIDDAY: soya drops

US MIDDAY: soya drops

US soyabean futures fell 1.1 percent on Tuesday, setting back from a 4-1/2 month high on a round of profit taking as well as pressure from falling crude oil prices. Corn and wheat futures also fell, on track for their fourth straight losing session due to
Published 30 Nov, 2016 12:00am
Oil tumbles near four percent on doubts over Opec production cut

Oil tumbles near four percent on doubts over Opec production cut

Oil slumped 4 percent on Tuesday as Opec's leading oil exporters struggled to agree on a deal to cut production to reduce global oversupply and boost prices, with Iran and Iraq at loggerheads with Saudi Arabia a day ahead of meeting. Brent futures fell $1
Published 30 Nov, 2016 12:00am
Ivory Coast increases cotton farmers' price
Cotton

Ivory Coast increases cotton farmers' price

Ivory Coast increased a government-mandated price for farmers' cotton by 6 percent for the 2016/17 season on Wednesday in a bid to increase production in the wake of a disappointing harvest, a government spokesman said. Ivorian farmers will be paid 265 CF
Published 30 Nov, 2016 12:00am
Indonesia wheat imports seen up eight percent

Indonesia wheat imports seen up eight percent

Indonesia's imports of wheat for human consumption are expected to climb 8 percent this year and up to 7 percent in 2017, the head of an industry association said in an interview, amid sturdy consumption growth in Southeast Asia's largest economy. Imports
Published 30 Nov, 2016 12:00am
Gold slides in Europe
Currency

Gold slides in Europe

Gold prices fell on Tuesday due to expectations of rising US interest rates, a stronger dollar and improving sentiment for global economic growth, which mean investors are likely to favour risk assets such as equities. Spot gold was down 0.6 percent at $1
Published 30 Nov, 2016 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slipped on Tuesday as the dollar steadied, with markets on edge ahead of a meeting this week that could see oil producers curb output. Spot gold was down 0.2 percent at $1,191 an ounce by 0559 GMT. It gained 0.9 percent in the previous session. US go
Published 30 Nov, 2016 12:00am
Gold climbs in New York

Gold climbs in New York

Gold prices rose more than 1 percent on Monday, recovering from their lowest levels since February as the dollar and long-dated US Treasury bond yields retreated from recent highs. Spot gold was up 0.8 percent at $1,192.64 an ounce by 2:44 pm ET (1944 GMT
Published 30 Nov, 2016 12:00am
Malaysian palm oil snaps six-day rally

Malaysian palm oil snaps six-day rally

Malaysian palm futures declined in late trade on Tuesday, tracking a fall in prices of rival oils on China's Dalian Commodity Exchange and weakness on the Chicago Board of Trade. The fall was more of a correction after six consecutive sessions of gains, t
Published 30 Nov, 2016 12:00am
Rubber dips

Rubber dips

Benchmark Tokyo rubber futures dipped from 1-1/2 year highs on Tuesday, as investors took profit after Shanghai futures pared earlier gains and as weaker metals prices weighed on market sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber
Published 30 Nov, 2016 12:00am
Lead, zinc slide more than six percent

Lead, zinc slide more than six percent

Lead and zinc fell more than 6 percent on Tuesday from the previous day's multi-year peaks, as sliding oil prices and perceptions that a post-US election rally had become overstretched prompted selling. Industrial metals surged earlier this month on specu
Published 30 Nov, 2016 12:00am
Shanghai lead surges, copper down

Shanghai lead surges, copper down

Shanghai lead futures jumped as much as 9 percent on Tuesday, outpacing more widely traded metals contracts and adding to concerns about a speculative build-up in commodity prices. Industrial metals generally eased, with London copper falling 1 percent, g
Published 30 Nov, 2016 12:00am
Cotton rises on Chinese crop woes
Cotton

Cotton rises on Chinese crop woes

Cotton futures rose for the first time in six sessions on Monday, climbing 1 percent, supported by buying on worries of crop damage in China, amid a weaker dollar. "Continued showers and rain across the eastern provinces of China have reportedly damaged t
Published 30 Nov, 2016 12:00am
Kinnow export to begin tomorrow

Kinnow export to begin tomorrow

The export of Kinnow is going to start from December 1, with better quality fruit despite an expected reduction of 15 percent in production this year. Exporters said the country would be able to earn $200 million revenue with the set target of 350,000 ton
Published 30 Nov, 2016 12:00am
CM Sindh directs stern action against ghost teachers

CM Sindh directs stern action against ghost teachers

Chief Minister Sindh Syed Murad Ali Shah on Tuesday directed the concerned authorities to take stern action against ghost teachers in education department. A meeting was held in Chief Minister House which was attended by Education Minister, Chief Secretar
Published 30 Nov, 2016 12:00am
Dar upbeat about future economic ties with France

Dar upbeat about future economic ties with France

Federal Minister for Finance, Senator Ishaq Dar said that, "The economic co-operation between Pakistan and France will not only continue but will further grow in future." He made these remarks during a meeting with French Ambassador, Martine Dorance who c
Published 30 Nov, 2016 12:00am
CJCSC calls on Prime Minister

CJCSC calls on Prime Minister

Chairman Joint Chiefs of Staff Committee General Zubair Mahmood Hayat called on Prime Minister Muhammad Nawaz Sharif at PM House, Tuesday. The Prime Minister congratulated him on assuming his new assignment. The Prime Minister and CJCSC discussed matters
Published 30 Nov, 2016 12:00am
JKLF chief arrested by Indian forces

JKLF chief arrested by Indian forces

The Indian forces on Tuesday arrested leader the Jammu and Kashmir Liberation Front (JKLF) Yasin Malik from Shopian district of Indian-held Kashmir. According to Kashmir Watch, Malik was taken into custody outside the Jamia Masjid in Shopian as he came ou
Published 30 Nov, 2016 12:00am
Pakistanis face strict UAE visa policy

Pakistanis face strict UAE visa policy

The United Arab Emirates (UAE) toughened its visa policy for Pakistanis, particularly for those holding official and diplomatic passports. Official passport holders are required to wait for a longer time to get visas, contrary to the norms that accord pri
Published 30 Nov, 2016 12:00am
General Raheel Sharif vacates Army House

General Raheel Sharif vacates Army House

General Raheel Sharif vacated the army house on Tuesday, the day when he handed over the command of Pakistan Army to General Qamar Bajwa. According to reports, General Raheel Sharif went to his office after handing over the command, took his personal item
Published 30 Nov, 2016 12:00am
Seminar held on awareness creation on competition law

Seminar held on awareness creation on competition law

The Competition Commission of Pakistan (CCP) held a seminar at the Riphah International University as part of the national campaign, 'Competition Advocacy Academia Drive', started by CCP to create awareness of the Competition Law among the students and fa
Published 30 Nov, 2016 12:00am
SU Library becomes learning spot for students

SU Library becomes learning spot for students

Allama I.I. Kazi Central Library at University of Sindh, Jamshoro becomes the busiest and the most-coveted student hangout during examination days; as thousands of students engage themselves in arduous studies to better cope with their final second semest
Published 30 Nov, 2016 12:00am
Adoption of SDGA: Pakistan becomes first country in world

Adoption of SDGA: Pakistan becomes first country in world

Pakistan has become the first country in the world to adopt the Sustainable Development Goals Agenda (SDGA) as its own national development agenda (NDA) through a unanimous resolution in the National Assembly, besides developing an exclusive National Sust
Published 30 Nov, 2016 12:00am
Eight militants killed in Tirah Valley

Eight militants killed in Tirah Valley

The security forces have claimed that they have killed eight militants and injured many in air strikes carried out by the jet fighters in Koki Khel, the remote area of Tirah Valley of Khyber Agency on Tuesday. The sources told that the jet war planes poun
Published 30 Nov, 2016 12:00am
MQM-P dissociates itself from cases against Altaf

MQM-P dissociates itself from cases against Altaf

The Muttahida Quami Movement, Pakistan on Tuesday disassociated itself from pursuing cases against founder Altaf Hussain in London and barred its legal team from further representing the cases. The MQM Pakistan after detailed consultation decided to disas
Published 30 Nov, 2016 12:00am
Coca-Cola, McDonald's invite you to meet Coke Studio Artists

Coca-Cola, McDonald's invite you to meet Coke Studio Artists

Following the epic Season Finale of the biggest and the boldest season of Coke Studio yet, Coca-Cola Pakistan is giving fans a chance to meet some of their favourite Coke Studio artists at McDonald's outlets across Karachi, Lahore and Islamabad.
Published 30 Nov, 2016 12:00am
NAB arrests accused DM of NFML in corruption charges

NAB arrests accused DM of NFML in corruption charges

The National Accountability Bureau (NAB) arrested the accused allegedly involved in Rs 1.6 billion National Fertiliser Marketing Ltd (NFML) scam on Tuesday. An official source said the NAB team has arrested former Deputy Manager NFML Aziz Abubakkar. The a
Published 30 Nov, 2016 12:00am
OGRA advises hike in POL prices for December

OGRA advises hike in POL prices for December

The Oil and Gas Regulatory Authority (OGRA) has recommended up to Rs 5.42 per litre increase in the prices of petroleum products, effective from December 1. According to a summary forwarded to the Ministry of Petroleum and Ministry of Finance, the regulat
Published 30 Nov, 2016 12:00am
PACB chief meets PAAPAM members

PACB chief meets PAAPAM members

In order to engage private sector in aviation sector, Arshad Malik SI (M) chairman Pakistan Aeronautical Complex Board (PACB) held a meeting with the members of Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) on the other day
Published 30 Nov, 2016 12:00am
Project completed to improve WASH services in Jacobabad

Project completed to improve WASH services in Jacobabad

A ceremony has revealed that Jacobabad's residents understand and are willing to address their water, sanitation and hygiene needs in a sustainable manner. This is evident from their willingness to pay for safe drinking water and other basic services afte
Published 30 Nov, 2016 12:00am
Five experts to take part in House Keeping Olympic Games: TEVTA

Five experts to take part in House Keeping Olympic Games: TEVTA

Technical Education and Vocational Training Authority (TEVTA) will send its five experts to participate in 5th International House Keeping Olympic Games Antalya-Turkey to be held from 13th to 22nd January, 2017. Selection of these experts is being finalis
Published 30 Nov, 2016 12:00am
Foreign firms being invited to overcome cotton seed shortage
Cotton

Foreign firms being invited to overcome cotton seed shortage

The government has decided to invite foreign seed companies to overcome cotton seed shortage and increase yield after getting legal protection through proposed "Plant Breeders' Right Bill." The Senate last week passed the 'Plant Breeders' Right Bill' and
Published 30 Nov, 2016 12:00am
IBP launches 'eLearning Management' portal

IBP launches 'eLearning Management' portal

Taking another step towards modernisation of learning, Institute of Bankers Pakistan (IBP) has launched 'eLearning Management' portal to enhance the skills of bankers across the country. Addressing the launching ceremony of eILM, Hussain Lawai, Chief Exec
Published 30 Nov, 2016 12:00am
Speakers praise government on FATA reforms

Speakers praise government on FATA reforms

Speakers at a seminar have praised the federal government for initiating the step to bring positive changes in the Federally Administered Tribal Areas (FATA). The seminar on 'future of governance reform in Fata' was organised by Fata Research Centre (FRC)
Published 30 Nov, 2016 12:00am
Heroin seized, Nigerian held

Heroin seized, Nigerian held

Model Customs Collectorate (MCC) preventive on Tuesday said it seized 650 grams of white heroin from a Nigerian passenger at departure lounge of Jinnah International Airport. According to details, the staff posted at airport spotted a Nigerian passenger n
Published 30 Nov, 2016 12:00am
Country to benefit from General Zubair's acumen: President

Country to benefit from General Zubair's acumen: President

President Mamnoon Hussain, congratulating General Zubair Mahmood Hayat on his appointment as Chairman, Joint Chiefs of Staff Committee, on Tuesday hoped that the country would benefit from his professional acumen and expertise. The president said this whi
Published 30 Nov, 2016 12:00am
ABL partners with Xoom

ABL partners with Xoom

Allied Bank Limited (ABL) on Tuesday announced an agreement with Xoom, a PayPal service and leading digital money transfer provider, to deliver a new service that will offer ABL customers the ability to pick-up cash remittances sent from loved ones in the
Published 30 Nov, 2016 12:00am
Cloudy weather with light rain for upcountry: Met

Cloudy weather with light rain for upcountry: Met

The Met Office on Tuesday forecast a cloudy weather for upcountry with light rain and snowfall in mountainous areas in the next 24 hours. It said that shallow foggy conditions were likely to prevail over plain areas of Punjab and Upper Sindh during mornin
Published 30 Nov, 2016 12:00am
FWBL celebrates Customer's Week

FWBL celebrates Customer's Week

FWBL Customer Week with the theme Hum Haazir Hein (at your service), commences on Tuesday. The week-long campaign is being celebrated across all 24 cities of FWBL branches nation-wide, with great enthusiasm, commitment and team spirit. The program will br
Published 30 Nov, 2016 12:00am
Need stressed for family planning awareness

Need stressed for family planning awareness

Pakistan is a country lagging behind its neighbours in successful family planning, population control and maternal mortality rate. It is said that by 2025, which is 8 years away, the population will increase to 227 million. That is a scary number consider
Published 30 Nov, 2016 12:00am
SAU holds debate competition

SAU holds debate competition

Sindh Agriculture University (SAU), Tandojam in collaboration with Human Rights Commission of Pakistan (HRCP) organised the debate competition on Tuesday. The theme: should human rights education be part of our curriculum. More than 300 students participa
Published 30 Nov, 2016 12:00am
PPP says it's shocked over debt pileup

PPP says it's shocked over debt pileup

Vice President Pakistan People's Party (PPP), Senator Sherry Rehman Tuesday voiced dismay over the country's alarming debt accumulation under this government and its refusal to hold itself accountable. The Senator said, "This is not the way democratic ins
Published 30 Nov, 2016 12:00am
Women issues: KP government urged to expedite legislation process

Women issues: KP government urged to expedite legislation process

Women rights activists have expressed grave concern over the increasing cases of honour killing in Khyber Pakhtunkhwa, and demanded of the provincial government to expedite legislation process for address women issues on priority basis in the province.
Published 30 Nov, 2016 12:00am
CDWP approves five health projects worth Rs 22.7 billion

CDWP approves five health projects worth Rs 22.7 billion

The Central Development Working Party has prioritized health sector by approving five health projects worth Rs 22.7 billion. The meeting was chaired by Minister for Planning, Development and Reform Professor Ahsan Iqbal and was attended by senior officers
Published 30 Nov, 2016 12:00am
'5th National rescue challenge' kicks off

'5th National rescue challenge' kicks off

The '5th National Rescue Challenge' started at Emergency Services Academy (Rescue 1122) on Tuesday with a resolve to enhance professional skills of emergency services.
Published 30 Nov, 2016 12:00am
Nawaz says reforms to help Pakistan meet future energy requirements

Nawaz says reforms to help Pakistan meet future energy requirements

Prime Minister Nawaz Sharif has said that load shedding will be a reference of history as the government is exploring new power generation projects on micro as well as mega levels to ensure sustained and uninterrupted electricity for the future generation
Published 30 Nov, 2016 12:00am
SECP organizes two-day investor education seminar

SECP organizes two-day investor education seminar

The Securities and Exchange Commission of Pakistan organized a two-day seminar for faculty members at COMSATS Institute of Information Technology under its initiative of educating current and potential investors.
Published 30 Nov, 2016 12:00am
Customs values on import of yarn revised

Customs values on import of yarn revised

The Directorate General of Customs Valuation Karachi has revised customs values on the import of different specifications of polyester spun yarn and viscose spun yarn for assessment of duties and taxes from China, Thailand, Indonesia, India and Vietnam or
Published 30 Nov, 2016 12:00am
Customs values on import of yarn revised

Customs values on import of yarn revised

The Directorate General of Customs Valuation Karachi has revised customs values on the import of different specifications of polyester spun yarn and viscose spun yarn for assessment of duties and taxes from China, Thailand, Indonesia, India and Vietnam or
Published 30 Nov, 2016 12:00am
Police claims recovering abductee, arresting kidnappers

Police claims recovering abductee, arresting kidnappers

The Islamabad Police Tuesday claimed to have arrested a three-member gang allegedly involved in kidnapping a 17-year-old boy, besides recovering the abductee safely. According to police, Sheikh Ahmed Faraz, a resident of Ittefaq Town of sector G-12, locat
Published 30 Nov, 2016 12:00am
Polio eradication in Pakistan Japan, JICA, UNICEF sign $4 million grant

Polio eradication in Pakistan Japan, JICA, UNICEF sign $4 million grant

The Government of Japan, Japan International Cooperation Agency (JICA) and the United Nations Children's Fund (UNICEF) on Tuesday signed an agreement of Japanese Yen 404 million (US $4 million) grant for the project for the Control and Eradication of Poli
Published 30 Nov, 2016 12:00am
Dar calls for promotion of Islamic banking

Dar calls for promotion of Islamic banking

Finance Minister Ishaq Dar Tuesday called for expediting the process of promotion of Islamic banking in the country. He said the existing Islamic banking products should be promoted and work on the introduction of new products in the market should be prio
Published 30 Nov, 2016 12:00am
95 PIA employees of Fata: Parliamentary panel to verify domiciles

95 PIA employees of Fata: Parliamentary panel to verify domiciles

A parliamentary panel on Tuesday decided to verify the domiciles of 95 employees of Pakistan International Airline (PIA) belonging to the Federal Administered Tribal Areas (Fata) from their respective parliamentarians. The Senate Functional Committee on G
Published 30 Nov, 2016 12:00am
Pakistan's equity market continues to beat India's

Pakistan's equity market continues to beat India's

Unshaken by the rise in US interest rates, Pakistan's equity market continues to beat India's market by a wide margin. In the last twelve months, Global X MSCI + Pakistan ETF was up 16 percent, beating India's and China's comparable ETF's, which were in n
Published 30 Nov, 2016 12:00am
HEC, DSP, & KMU ink MoU for CBMI

HEC, DSP, & KMU ink MoU for CBMI

A memorandum of understanding for Collaborative Bio-risk Management Initiative (CBMI) was signed between Dairy Science Park (DSP), Khyber Medical University (KMU), the University of Agriculture, Peshawar (AUP), and Higher Education Commission of Pakistan
Published 30 Nov, 2016 12:00am
CPEC boosts KP's strategic value, says chief minister Khattak

CPEC boosts KP's strategic value, says chief minister Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that CPEC has enhanced the strategic importance of Khyber Pakhtunkhwa and asked for realignment and need assessment for the incoming investment in the new and emerging situation in the entire belt.
Published 30 Nov, 2016 12:00am
Speakers highlight water management crisis in Pakistan

Speakers highlight water management crisis in Pakistan

Speakers at a national conference on Tuesday called up on the policy makers to go for the adaptability option in the rapidly changing socio-economic sectors for the security of decreasing water and shrinking farming sources. They said Pakistan was one of
Published 30 Nov, 2016 12:00am
'Unido to launch campaign on green industries'

'Unido to launch campaign on green industries'

Represen-tative of United Nations Industrial Development Organisation in Pakistan, Esam Alqararah has said the Unido has been working extensively to launch a campaign on green industries and bring the gender aspects in green industrial policy to attention
Published 30 Nov, 2016 12:00am
Ombudsman orders finalization of automation of E-pension system

Ombudsman orders finalization of automation of E-pension system

The Federal Ombudsman of Pakistan Tuesday directed the ministries of Finance and Information Technology and AGPR to finalise the automation of E-pension system to address the ordeals of pensioners at the earliest. Hafiz Ahsaan Ahmad Khokhar, Senior Advise
Published 30 Nov, 2016 12:00am
Ombudsman orders finalization of automation of E-pension system

Ombudsman orders finalization of automation of E-pension system

The Federal Ombudsman of Pakistan Tuesday directed the ministries of Finance and Information Technology and AGPR to finalise the automation of E-pension system to address the ordeals of pensioners at the earliest. Hafiz Ahsaan Ahmad Khokhar, Senior Advise
Published 30 Nov, 2016 12:00am
Young doctors protest against central induction policy

Young doctors protest against central induction policy

A large number of Young Doctors in Multan staged a protest and took out a rally on Tuesday against the central induction policy. While raising slogans against Punjab government the doctors said that the central induction policy by provincial government ha
Published 30 Nov, 2016 12:00am
NBP distributes prizes among remittance customers

NBP distributes prizes among remittance customers

National Bank of Pakistan distributed prizes to its Remittance Customers who used NBP services to receive their remittance payments. The Prize Distribution Ceremony was held in a 5 star hotel in Lahore on Tuesday where Motor Bikes, LCD TVs, Gold Bars, Lap
Published 30 Nov, 2016 12:00am
Previous Day