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Archive - 2017-01-06
Final of PSL 3 will be held in Karachi: Najam Sethi
Cricket

Final of PSL 3 will be held in Karachi: Najam Sethi

Pakistan Cricket Board (PCB) Chairman Executive Committee Najam Sethi has informed that the final of the third edition of the Pakistan Super League (PSL) will be held in Karachi, on conditions that the law and order situation in the city remains under con
Updated 17 Feb, 2018 12:48pm
RugbyU: Ex-Leicester boss Cockerill joins Toulon
Sports

RugbyU: Ex-Leicester boss Cockerill joins Toulon

TOULON: Former Leicester boss Richard Cockerill joined French giants Toulon as a consultant on Friday just four days after being sacked by the English club where he'd spent 12 years on the coaching staff.
Published 06 Jan, 2017 07:51pm
Fatalities in shooting at Fort Lauderdale airport: sheriff
World Top News

Fatalities in shooting at Fort Lauderdale airport: sheriff

MIAMI: A gunman opened fire Friday at Fort Lauderdale-Hollywood airport in Florida, causing multiple fatalities and prompting panicked travellers to flee for safety or huddle on the tarmac.
Published 06 Jan, 2017 07:45pm
Euro options hint at cooling of French election worries
Financial

Euro options hint at cooling of French election worries

LONDON: If you believe the past fortnight's shift in the pricing of currency market derivatives, bankers' concerns that Marine Le Pen may win French presidential elections in May and send another political shockwave through the euro zone may be ea
Published 06 Jan, 2017 04:43pm
ECC approves duty exemption for Lahore Orange Line Metro Train Project
Pakistan Top News

ECC approves duty exemption for Lahore Orange Line Metro Train Project

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Friday approved exemptions from withholding tax beyond 6pc of E&M contract price, and from tax/duties on import of equipment to be installed for the Lahore Orange Line Metro Train Project
Published 06 Jan, 2017 04:33pm
Nisar orders start of campaign against narcotics in schools
Front Top News

Nisar orders start of campaign against narcotics in schools

ISLAMABAD: Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan Friday ordered the district administration to start a concerted campaign against use of narcotics in schools and educational institutions.
Published 06 Jan, 2017 04:30pm
CM forms committee for restructuring of W&SD
General News

CM forms committee for restructuring of W&SD

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has constituted a high level committee to restructure engineering side of Works & Services Department (W&SD) to improve its efficiency and capacity.
Published 06 Jan, 2017 04:24pm
Wall St opens flat following jobs data Jan 6
Financial

Wall St opens flat following jobs data Jan 6

NEW YORK: US stocks opened little changed Friday after data showed employment in December rose less than expected but a rebound in wages suggested sustained growth in the labor market.
Published 06 Jan, 2017 02:34pm
Yields rise across the board after solid US jobs data
Managed Funds

Yields rise across the board after solid US jobs data

NEW YORK: US Treasury debt yields rallied from multi-week lows on Friday after data showed a rebound in US wages last month despite a smaller-than-expected jobs gain, which could drive the Federal Reserve to consider raising interest rates as early as the
Published 06 Jan, 2017 02:29pm
'Mastermind' of Bangladesh cafe siege killed: police
World Top News

'Mastermind' of Bangladesh cafe siege killed: police

DHAKA: Bangladeshi police shot dead an extremist accused of being one of the masterminds of last year's deadly siege at a cafe during a pre-dawn raid in Dhaka Friday.
Published 06 Jan, 2017 02:16pm
Zidane plans to limit Ronaldo's minutes
Football

Zidane plans to limit Ronaldo's minutes

MADRID: Real Madrid boss Zinedine Zidane insists he will continue to periodically leave out four-time world player of the year Cristiano Ronaldo to keep the Portuguese fresh for the business end of the season.
Published 06 Jan, 2017 02:13pm
US job gains slow in December
North America

US job gains slow in December

WASHINGTON: Job growth in the world's largest economy slowed in the final month of 2016 and the already-low unemployment rate rose marginally, the Labor Department reported Friday.
Published 06 Jan, 2017 02:11pm
Oil prices edge up on OPEC hopes, but doubts linger
Energy

Oil prices edge up on OPEC hopes, but doubts linger

LONDON: Oil prices edged higher by mid-morning on Friday as signs of output cuts by OPEC members met with lingering concern that other producers could try to shirk their share of planned decreases aimed at curbing global oversupply.
Published 06 Jan, 2017 02:02pm
Virat Kohli takes over as India limited-overs captain
Cricket

Virat Kohli takes over as India limited-overs captain

MUMBAI: Virat Kohli has taken over from Mahendra Singh Dhoni as India's limited-overs captain, becoming his country's skipper in all three formats of the game, the Board of Control for Cricket in India said on Friday.
Published 06 Jan, 2017 02:00pm
Wheat again firm on fund rebalancing, weather worries
Commodities

Wheat again firm on fund rebalancing, weather worries

HAMBURG/SINGAPORE: Chicago wheat rose again on Friday, supported by a combination of short-covering before investment fund portfolio changes and concerns about bad weather in the United States and eastern Europe, along with the impact of a weaker dollar t
Published 06 Jan, 2017 01:06pm
Stocks hold near 1-1/2 year highs before US jobs data
Financial

Stocks hold near 1-1/2 year highs before US jobs data

LONDON: World stocks held near 1-1/2 year highs and the dollar moved up from a three-week low on Friday, with investors looking ahead to US jobs data to provide clues on the pace of US interest rate rises this year.
Published 06 Jan, 2017 01:00pm
Inflation drop, weak growth pave way for Chile rate cut
World

Inflation drop, weak growth pave way for Chile rate cut

SANTIAGO: Inflation in Chile continued to quickly subside in December, which combined with weak economic growth data should pave the way for the central bank to cut its benchmark interest rate for the first time in over two years on Jan.
Published 06 Jan, 2017 12:54pm
At least 33 prisoners killed in new Brazil prison uprising
World

At least 33 prisoners killed in new Brazil prison uprising

RIO DE JANEIRO: At last 33 inmates have been killed in a new prison uprising in the Amazon region of Brazil, officials said Friday, just five days after 56 inmates were slaughtered in a nearby state in the country's worst prison massacre for more than
Published 06 Jan, 2017 12:52pm
Snowstorms wreak chaos in Bulgaria and Romania
Europe

Snowstorms wreak chaos in Bulgaria and Romania

SOFIA/BUCHAREST: Snowstorms paralysed traffic and cut electricity to hundreds of thousands of people in Bulgaria on Friday while forcing atomic energy producer Nuclearelectrica in neighbouring Romania to shut down its No.
Published 06 Jan, 2017 12:42pm
Another scalp for Siniakova in Shenzhen
Sports

Another scalp for Siniakova in Shenzhen

SHENZHEN: Unseeded Czech tennis player Katerina Siniakova defeated Britain's world number 10 Johanna Konta on Friday to secure a place in the WTA Shenzhen Open final.
Published 06 Jan, 2017 12:03pm
FBR fetes Member Accounting on retirement
General News

FBR fetes Member Accounting on retirement

ISLAMABAD: A meeting of the Board-in-Council of Federal Board of Revenue was held here on Friday which bid the farewell to Member Accounting, Seema Majid on her retirement from service.
Published 06 Jan, 2017 11:26am
Younis wants to bat on for Pakistan
Cricket

Younis wants to bat on for Pakistan

SYDNEY: Pakistan great Younis Khan says he wants to carry on playing Test cricket for his country as he nears the summit of 10,000 Test runs.
Published 06 Jan, 2017 11:06am
SC orders police to find 'tortured' child maid
Pakistan Top News

SC orders police to find 'tortured' child maid

ISLAMABAD: Supreme Court of Pakistan (SC) on Friday ordered police to find a ten-year-old maid who was allegedly tortured by her employers, and demanded a full investigation into the case which has spotlighted rampant child labour in the country.
Published 06 Jan, 2017 11:04am
'Bonds are back' for a little while, at least
Managed Funds

'Bonds are back' for a little while, at least

LONDON: Investors piled back into bonds in the past week, directing the largest inflow into these funds for three months, although the pause in the bond market selloff will probably only be fleeting, Bank of America Merrill Lynch said on Friday.
Published 06 Jan, 2017 10:51am
Pakistan emerges victorious against Israel in tough WWE battle
Sports

Pakistan emerges victorious against Israel in tough WWE battle

Mustafa Ali, the first ever wrestler of Pakistani origin to enter the World Wrestling Entertainment or more popularly called the WWE, returned to his hometown of Chicago emerging victorious against the Israeli-Scottish wrestler Noam Dar.
Published 06 Jan, 2017 10:47am
Russia starts scaling down military deployment in Syria
World Top News

Russia starts scaling down military deployment in Syria

%D%AMOSCOW: Russia's military on Friday said it has begun scaling down its deployment to Syria, with Moscow's sole aircraft carrier set to be the first to quit the conflict zone.
Published 06 Jan, 2017 10:17am
Oz Clarke by Simon Buck
Featured Photos

Oz Clarke by Simon Buck

Photo Credit : Simon Buck%D%ASimon Buck is Based on the Norfolk Suffolk Border and produces award winning editorial, wedding and travel photography for clients both in the UK and Internationally.
Published 06 Jan, 2017 10:03am
Couch Chameleon by Randal Ford
Featured Photos

Couch Chameleon by Randal Ford

Photo Credit : Randal Ford%D%ARandal Ford is a talented photographer and filmmaker from Dallas, TX, who currently lives and works in Austin, TX.
Published 06 Jan, 2017 09:59am
Gorgeous Female Portrait by Yannick Desmet
Featured Photos

Gorgeous Female Portrait by Yannick Desmet

Photo Credit : Yannick Desmet%D%AYannick Desmet is a talented 32-year-old Belgian photographer who is currently based in Hannover, Germany.
Published 06 Jan, 2017 09:57am
Antarctic Sailings by Ben Brown
Featured Photos

Antarctic Sailings by Ben Brown

Photo Credit : Ben Brown%Den Brown is a talented self-taught photographer, filmmaker, youtuber and adventurer currently based in London, UK.
Published 06 Jan, 2017 09:55am
The Indian Spice by Mark Horn
Featured Photos

The Indian Spice by Mark Horn

Photo Credit : Mark Horn%D%AMark Horn is a talented artist, photographer and traveler who currently lives and works in Amsterdam, Kingdom of the Netherlands.
Published 06 Jan, 2017 09:52am
Stop. Think. Make. by Domenic Bahmann
Featured Photos

Stop. Think. Make. by Domenic Bahmann

Photo Credit : Domenic Bahmann%Domenic Bahmann aka Domfriday is a talented 34-year old designer, visual artist and photographer from Munich, Germany who currently lives and works in Canberra, Australia.
Published 06 Jan, 2017 09:43am
Spiral Staircase by Eric Dufour
Featured Photos

Spiral Staircase by Eric Dufour

Photo Credit : Eric Dufour%Dric Dufour is a talented photographer based in Arnas, France.
Published 06 Jan, 2017 09:34am
Success in economic growth acknowledged by IFIs: Nawaz
Front Top News

Success in economic growth acknowledged by IFIs: Nawaz

RECORDER REPORT%D%AISLAMABAD: Prime Minister Nawaz Sharif Thursday said that the present government due to its rational approach and prudent policies had achieved great success in economic growth which had been acknowledged by the International Financial
Published 06 Jan, 2017 09:22am
Cigs on the run
Miscellaneous

Cigs on the run

The central banks annual report has sounded an alarm over exponential growth of duty-evading cigarettes.
Published 06 Jan, 2017 09:17am
Negotiating CPEC
Miscellaneous

Negotiating CPEC

A few days before the 6th Joint Cooperation Committee on CPEC was to be held, the government had planned 29 special economic zones (SEZ) aimed at enhancing productive capacity and exports base.
Published 06 Jan, 2017 09:15am
Petroleum volumes to take a breather?
Miscellaneous

Petroleum volumes to take a breather?

Petroleum consumption has increased significantly over the last two years due to lower prices despite the government not passing on the entire impact of lower prices to consumers.
Published 06 Jan, 2017 09:14am
Saudi Arabia raise prices, makes cuts
Miscellaneous

Saudi Arabia raise prices, makes cuts

Saudi Arabia is reportedly considering reduction in its crude export sales to its partners, by as much as seven percent, in a n attempt to show the first signs of compliance to the Opec deal.
Published 06 Jan, 2017 09:13am
Did Khawaja just introduce dab in world cricket?
Cricket

Did Khawaja just introduce dab in world cricket?

The Australian batsmen were at their merciless peak against the toothless Pakistan bowling attack, on the fourth day at Sydney Cricket Ground (SCG), which was visible not only from their scoring rate of well above seven per over, but by their celebrations
Published 06 Jan, 2017 08:38am
Panamagate case: Maryam Nawaz submits response
Front Top News

Panamagate case: Maryam Nawaz submits response

ISLAMABAD: Prime Minister Nawaz Sharif's daughter Maryam Nawaz submitted her reply in the Supreme Court which included five-year details of her income, during the third consecutive day hearing of Panamagate Case on Friday, .
Published 06 Jan, 2017 08:12am
Build plant in US or pay big border tax
Front Top News

Build plant in US or pay big border tax

TOKYO: The Japanese government defended Toyota Motor Corp on Friday as an "important corporate citizen" of the United States, after President-elect Donald Trump singled out the automaker and threatened to slap punitive tariffs on its Mexico-built cars.
Published 06 Jan, 2017 08:10am
Injury scares for Muhammad Amir
Cricket

Injury scares for Muhammad Amir

Pakistan bowling unit have been a victim to a good deal of thrashing by the potent Aussies batting line up, throughout the series.
Published 06 Jan, 2017 07:48am
GST collection: FBR implementing new system for cellular companies
Top News

GST collection: FBR implementing new system for cellular companies

TAHIR AMIN%D%AISLAMABAD: The Federal Board of Revenue (FBR) is implementing a new system for cellular companies for accurate collection/deposit of withholding tax from its subscribers through online withholding data integration with all mobile operators.
Published 06 Jan, 2017 07:05am
There's 'way out' for those who want to come into tax net: Dar
Front Top News

There's 'way out' for those who want to come into tax net: Dar

SOHAIL SARFRAZ%D%AISLAMABAD: Following selection of 93,277 cases for audit through computerised balloting, Finance Minister Ishaq Dar said Thursday that some 'way out' could be provided to those who wanted to come into tax net after witnessing dev
Published 06 Jan, 2017 07:02am
Iraq launches offensive on IS near Syria border

Iraq launches offensive on IS near Syria border

Iraqi forces launched an offensive against the Islamic State group near the Syrian border Thursday, piling further pressure on the jihadists' crumbling "caliphate". Baghdad and its allies also turned up the heat on IS in its last remaining Iraqi stronghol
Published 06 Jan, 2017 12:00am
Car bomb in Syria coastal regime bastion kills 15

Car bomb in Syria coastal regime bastion kills 15

At least 15 people were killed Thursday in a car bombing in Syria's coastal city of Jableh, a bastion of the regime, the Syrian Observatory for Human Rights monitor said. Syrian state television also reported the blast near the town's municipal stadium, b
Published 06 Jan, 2017 12:00am
France launches mass duck cull to stem bird flu spread

France launches mass duck cull to stem bird flu spread

Authorities in south-west France began a cull of hundreds of thousands of ducks Thursday as authorities scramble to contain an outbreak of a virulent strain of bird flu sweeping Europe. The farm birds in France's foie gras heartland are to be slaughtered
Published 06 Jan, 2017 12:00am
Egypt frees 2011 revolution figure Maher

Egypt frees 2011 revolution figure Maher

Egypt has released political activist Ahmed Maher, a leading figure in the 2011 revolt that toppled the government, after he completed his jail term, his lawyer and a security source said Thursday. Maher, 36, was a founder and spokesman of the April 6 pro
Published 06 Jan, 2017 12:00am
Trump calls top Democrat a 'clown'

Trump calls top Democrat a 'clown'

President-elect Donald Trump described America's leading Democrat as a "clown" who behaves like a typical politician Thursday, but urged him to work with Republicans. In his latest early morning Twitter screed, the incoming president attacked Senate minor
Published 06 Jan, 2017 12:00am
Two killed in new Turkey attack as Istanbul gunman hunted

Two killed in new Turkey attack as Istanbul gunman hunted

A car bombing blamed on Kurdish militants rocked the Turkish city of Izmir on Thursday, killing at least two people and triggering a deadly shootout, as authorities chased the fugitive killer behind the New Year attack in Istanbul. Turkey is on edge after
Published 06 Jan, 2017 12:00am
Turkey asserts 'right' to close key base for coalition

Turkey asserts 'right' to close key base for coalition

Turkey said Thursday it had the right to close a key air base used by the US-led coalition to strike jihadists in Syria, as tensions mount between Nato allies Ankara and Washington. Presidential spokesman Ibrahim Kalin said Ankara had the right to close I
Published 06 Jan, 2017 12:00am
Turkey jails two troops for life in first coup bid verdict

Turkey jails two troops for life in first coup bid verdict

A Turkish court on Thursday sentenced two army officers to life in jail over their roles in the failed July coup, the first verdicts to be handed out in the biggest legal process in the country's history. The colonel and major were deployed with the genda
Published 06 Jan, 2017 12:00am
Ton-up Younis keeps Pakistan alive

Ton-up Younis keeps Pakistan alive

Younis Khan claimed his 34th Test century and first in Australia to keep Pakistan's first innings barely alive in the final Test in Sydney on Thursday. The 39-year-old Pakistani great became the first batsman to score Test hundreds in 11 countries as he t
Published 06 Jan, 2017 12:00am
Raonic sets up mouthwatering Nadal clash

Raonic sets up mouthwatering Nadal clash

Defending champion and top seed Milos Raonic cruised into the quarter-finals of the Brisbane International with a regulation 6-3, 6-2 win over Argentine Diego Schwartzman on Thursday. Raonic, who beat Roger Federer to win the 2016 Brisbane title, will now
Published 06 Jan, 2017 12:00am
T20 Blind Cricket World Cup from 31st

T20 Blind Cricket World Cup from 31st

Pakistan Blind Cricket Council (PBCC) is holding a training camp as a part of preparations of Pakistan blind cricket team for participation in the T20 Blind Cricket World Cup being played in India from January 31 to February12, this year. Training camp wo
Published 06 Jan, 2017 12:00am
Kerber, Cibulkova beaten in Brisbane boilovers

Kerber, Cibulkova beaten in Brisbane boilovers

The Brisbane International lost its top two women's seeds Thursday when Angelique Kerber and Dominika Cibulkova were both bundled out in the quarter-finals of the season-opening tournament. World number one Kerber made 48 unforced errors, including five d
Published 06 Jan, 2017 12:00am
Wapda win Women Weightlifting Championship

Wapda win Women Weightlifting Championship

Pakistan Water and Power Development Authority (Wapda) has won the 3rd National Women Weightlifting Championship here at Railway Stadium. Wapda secured 91 points in the championship with five gold medals, one silver medal and one bronze medal. Pakistan Ra
Published 06 Jan, 2017 12:00am
Misbah 'integral' to rebuilding Pakistan: Arthur

Misbah 'integral' to rebuilding Pakistan: Arthur

Coach Mickey Arthur urged veteran Pakistan captain Misbah-ul-Haq Thursday to continue playing despite a difficult tour of Australia, saying he was an "integral" part of the team. Misbah went back on comments he made after last week's series-losing Melbour
Published 06 Jan, 2017 12:00am
Asghar Khan Amateur Golf Championship begins

Asghar Khan Amateur Golf Championship begins

The second edition of the Asghar Khan National Amateur Golf Championship will be commencing from January 6-8, 2017 over 54-holes, 18-hole each day at PAF Golf Course here. This was stated by Secretary PAF Golf Club Group Captain Muhammad Abu Bakar while a
Published 06 Jan, 2017 12:00am
China to curb splashy spending on players

China to curb splashy spending on players

China will put limits on the wild sums its clubs are spending on international football players, authorities said Thursday, days after the transfer window opened and the Asian record was promptly smashed. In an interview posted on the General Administrati
Published 06 Jan, 2017 12:00am
South Africa's Rabada sends Sri Lanka crashing

South Africa's Rabada sends Sri Lanka crashing

Kagiso Rabada took three wickets in two overs as South Africa sent Sri Lanka crashing to a 282-run defeat on the fourth day of the second Test at Newlands on Thursday. Fast bowler Rabada finished with six for 55 as Sri Lanka crumbled to 224 all out, givin
Published 06 Jan, 2017 12:00am
Kyrgios injury flares at Hopman

Kyrgios injury flares at Hopman

Australian Open hopeful Nick Kyrgios played down concerns over a worsening knee injury less than two weeks before the first Grand Slam of the year in Melbourne. Two days after the world number 13 stridently dismissed talk of lingering problems with his le
Published 06 Jan, 2017 12:00am
New Year Polo Cup in main final stage

New Year Polo Cup in main final stage

Bilal Steel/Dascon Construction trounced Lotto Carpets & Ferrier Service by 12-41/2 to qualify for the main final of the New Year Polo Cup 2017 here at the Lahore Polo Club (LPC) ground on Thursday. Saqib Khan Khakwani and Taimur Ali Malik were the heroes
Published 06 Jan, 2017 12:00am
Aussie, kiwi gain
Currency

Aussie, kiwi gain

The Australian and New Zealand dollars hopped to their highest in more than two weeks on Thursday, as a round of profit-taking curbed the US dollar, while a run of upbeat data on the global economy underpinned commodity prices. A survey on China's service
Published 06 Jan, 2017 12:00am
Sterling capitalises on dollar retreat after data lift
Currency

Sterling capitalises on dollar retreat after data lift

Sterling rose against the dollar for the second day running on Thursday, as more upbeat data underlined the UK economy's post-Brexit resilience and helped the pound make the most of a retreating greenback. Sterling started the day under pressure but impro
Published 06 Jan, 2017 12:00am
Mexico peso rebounds
Currency

Mexico peso rebounds

The Mexican peso strengthened on Thursday after the central bank sold dollars to support the ailing currency, which has been battered by uncertainty over US President-elect Donald Trump. The peso firmed as much as 1.5 percent after slumping to a record lo
Published 06 Jan, 2017 12:00am
Asian currencies rise broadly versus dollar
Currency

Asian currencies rise broadly versus dollar

Asian currencies surged on Thursday, with the offshore Chinese yuan jumping to its strongest level in nearly two months, as a spike in funding costs prompted yuan short sellers to square positions. The offshore yuan climbed to as high as 6.7850 per US dol
Published 06 Jan, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended weaker on Thursday due to dollar buying by foreign banks, but the central bank's moral suasion prevented further fall, two days after the monetary authority signalled a change in its intervention policy. Central Bank Governor In
Published 06 Jan, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 78.70-78.70 (previous 78.70-78.70).
Published 06 Jan, 2017 12:00am
Dollar retreats from 14-year highs in New York
Currency

Dollar retreats from 14-year highs in New York

The dollar fell against the euro and yen on Wednesday, backing off a 14-year high against a basket of currencies with investors cautious about increasing bets on the greenback without fresh clues on the US economy and the timing of interest rate increases
Published 06 Jan, 2017 12:00am
Early trade in New York: Dollar falls against yen, euro
Currency

Early trade in New York: Dollar falls against yen, euro

The dollar lost ground against the yen and euro on Thursday after US unemployment data failed to reverse a downtrend that followed some of the biggest gains on record for China's yuan. A rise in overnight borrowing costs in Hong Kong and growth in China's
Published 06 Jan, 2017 12:00am
Yuan's surge knocks dollar in Europe
Currency

Yuan's surge knocks dollar in Europe

Some of the biggest gains on record for China's yuan sent currency markets spinning on Thursday, driving the dollar broadly lower and threatening to quash one of the central bets of global investors for 2017. A rise in overnight borrowing costs in Hong Ko
Published 06 Jan, 2017 12:00am
Dollar eases off 14-year peak in Asia
Currency

Dollar eases off 14-year peak in Asia

The dollar stepped further away from a 14-year peak against a basket of major currencies on Thursday as market players were spooked by sharp falls in the dollar against the Chinese yuan. The yuan rose sharply for two days in a row to hit near two-month hi
Published 06 Jan, 2017 12:00am
FTSE spurred to new record by Persimmon's bullish update

FTSE spurred to new record by Persimmon's bullish update

Britain's top share index rose to a fresh record high on Thursday, boosted by a bullish update from housebuilder Persimmon, which reported a rise in sales despite Britain's vote last year to leave the European Union. Britain's FTSE 100 touched a new recor
Published 06 Jan, 2017 12:00am
Southeast Asian stocks gain on global cues

Southeast Asian stocks gain on global cues

Southeast Asian stock markets ended higher on Thursday as overnight gains on Wall Street and a series of upbeat factory data from across the globe earlier in the week boosted sentiment. US shares extended gains overnight, inching closer to the elusive 20,
Published 06 Jan, 2017 12:00am
Sri Lankan shares fall

Sri Lankan shares fall

Sri Lankan shares fell for a fifth straight session and ended at a nine-month low on Thursday as foreign investors continued to sell shares, offloading close to one billion rupees worth of stocks in the first four sessions of the new year. Foreign investo
Published 06 Jan, 2017 12:00am
European shares hover near recent highs

European shares hover near recent highs

European shares hovered near recent highs on Thursday, with Britain's top equity index hitting a new peak following a rally in housebuilders and miners. The pan-European STOXX 600 index, which climbed to a one-year high earlier this week, was up 0.1 perce
Published 06 Jan, 2017 12:00am
Tokyo shares flat
Currency

Tokyo shares flat

Tokyo shares closed flat on Thursday with the benchmark index losing early gains as Japan's currency strengthened against the dollar. A stronger yen "capped the initial rise," said Yoshihiro Ito, chief strategist at Okasan Securities, wrote on his market
Published 06 Jan, 2017 12:00am
China stocks flat, yuan rebound grabs the spotlight
Currency

China stocks flat, yuan rebound grabs the spotlight

China's main indexes barely changed on Thursday after a three-session winning streak, with investor attention largely diverted by a dramatic rebound in the offshore yuan. The bluechip CSI300 index was flat at 3,367.79 points, while the Shanghai Composite
Published 06 Jan, 2017 12:00am
Indian shares rise

Indian shares rise

Indian shares ended higher on Thursday, led by financial and automobile stocks as sentiment was bolstered by gains in regional markets, following upbeat global economic data and an overnight bounce in oil prices. The benchmark BSE index closed up 0.92 per
Published 06 Jan, 2017 12:00am
Treasury yields slip

Treasury yields slip

US Treasury debt yields slid in choppy trading on Wednesday after minutes of the last Federal Reserve meeting struck a more uncertain tone than the market expected, especially with respect to the new administration's fiscal policies. Yields on US 10-year
Published 06 Jan, 2017 12:00am
Treasury yields slip

Treasury yields slip

US Treasury debt yields slid in choppy trading on Wednesday after minutes of the last Federal Reserve meeting struck a more uncertain tone than the market expected, especially with respect to the new administration's fiscal policies. Yields on US 10-year
Published 06 Jan, 2017 12:00am
Hong Kong stocks have solid rise

Hong Kong stocks have solid rise

Hong Kong stocks, joining an Asia-wide rally, had their biggest gain in eight weeks on Thursday, a day on which the offshore yuan's surge against the dollar stole the spotlight. Resource shares helped lift the Hong Kong market, where stocks finished at a
Published 06 Jan, 2017 12:00am
Wall Street climbs; Fed minutes confirm inflation jitters

Wall Street climbs; Fed minutes confirm inflation jitters

US shares ended higher on Wednesday even after minutes from the Federal Reserve's December meeting showed concerns that quicker economic growth under President-elect Donald Trump could require faster interest rate increases to ward off inflation. US stock
Published 06 Jan, 2017 12:00am
Australian shares end higher; New Zealand flat

Australian shares end higher; New Zealand flat

Australian shares closed higher in thin trade on Thursday mirroring gains on Wall Street, pushed up by financials and basic materials stocks gaining on higher base metal prices. The S&P/ASX 200 index ended 0.3 percent, or 16.89 points higher, to 5753.3. T
Published 06 Jan, 2017 12:00am
Surge in orders boosts US services sector; jobless claims tumble

Surge in orders boosts US services sector; jobless claims tumble

US services sector activity held at a one-year high in December as new orders surged, while the number of Americans filing for unemployment benefits fell to near a 43-year-low last week, suggesting the economy ended 2016 with strong momentum. The Institut
Published 06 Jan, 2017 12:00am
China's TCL out to revive BlackBerry smartphones

China's TCL out to revive BlackBerry smartphones

Chinese electronics company TCL Corporation was at CES on Wednesday with a plan to revive BlackBerry handsets knocked from the mobile phone throne by Apple and Google. TCL is putting its market clout behind the design, manufacture and marketing of a new p
Published 06 Jan, 2017 12:00am
China services sector activity rises to 17-month high
Currency

China services sector activity rises to 17-month high

Growth in China's services sector accelerated to a 17-month high in December, a private survey showed, adding to views that the world's second-largest is entering the new year with stronger momentum. The strong pick-up mirrored improvements in manufacturi
Published 06 Jan, 2017 12:00am
Ukraine sees energy self-sufficiency by 2020
Currency

Ukraine sees energy self-sufficiency by 2020

Ukraine's prime minister said Thursday the local currency would be worth nearly a third more if it stopped relying on Russian natural gas and become energy-sufficient. Volodymyr Groysman said the dollar would now cost 18.5 Ukrainian hryvnias instead of th
Published 06 Jan, 2017 12:00am
Qatar Airways confirms change to Airbus plane order

Qatar Airways confirms change to Airbus plane order

Qatar Airways has renegotiated an order with Airbus to take delivery only of larger A321 planes, not A320s as originally planned, the Gulf carrier's chief executive said on Thursday. The switch to the different aircraft comes after the airline refused to
Published 06 Jan, 2017 12:00am
Argentina ends holding period for foreign capital

Argentina ends holding period for foreign capital

Argentina's government ended a required holding period for foreign capital in a decree published in the official gazette on Thursday, in order to attract investment with the country mired in recession. The finance ministry said in a statement it had elimi
Published 06 Jan, 2017 12:00am
Brexit will be 'tough' and 'complicated': UK finance minister

Brexit will be 'tough' and 'complicated': UK finance minister

British Finance Minister Philip Hammond has warned that Brexit negotiations would be difficult, but said he hoped to maintain strong economic ties with the European Union. "Of course the negotiations will be tough and they will be complicated," Hammond to
Published 06 Jan, 2017 12:00am
Price pressures mount as UK economy records strong end to 2016

Price pressures mount as UK economy records strong end to 2016

Britain's economy finished 2016 strongly, growing at the fastest pace since mid-2015 according to one major survey, but higher prices look set to hit consumers soon as firms pass on a big rise in costs since June's vote to leave the European Union. Compan
Published 06 Jan, 2017 12:00am
Swiss banker charged in Singapore over Malaysia's 1MDB saga

Swiss banker charged in Singapore over Malaysia's 1MDB saga

A Swiss banker was charged in Singapore on Thursday with money laundering and other offences related to an international corruption scandal involving neighbouring Malaysia's state fund 1MDB. Allegations that huge sums were misappropriated from the Malaysi
Published 06 Jan, 2017 12:00am
Deutsche Bank agrees to pay $95 million to settle US tax fraud case

Deutsche Bank agrees to pay $95 million to settle US tax fraud case

Deutsche Bank, Germany's biggest bank, has agreed to pay $95 million to settle a tax fraud case brought by the US Justice Department, the federal prosecutor in charge has announced. Preet Bharara, the US attorney for the Southern District of New York, sai
Published 06 Jan, 2017 12:00am
Eurozone producer prices rise

Eurozone producer prices rise

Eurozone producer prices rose for the third consecutive month in November on a monthly basis, mostly driven by soaring energy prices which offset subdued prices for consumer goods, estimates released on Thursday by Eurostat showed. The European Union's st
Published 06 Jan, 2017 12:00am
Toshiba chairman says banks ready to offer conditional financial support

Toshiba chairman says banks ready to offer conditional financial support

Toshiba Corp's chairman said its creditor banks are ready to provide financial support to the Japanese conglomerate, with conditions attached, following disclosures that it faces a multi-billion-dollar writedown of a US nuclear business. "At this moment,
Published 06 Jan, 2017 12:00am
Norway PM says UK lacks negotiating experience, fears 'very hard Brexit'

Norway PM says UK lacks negotiating experience, fears 'very hard Brexit'

Britain lacks experience in international negotiations due to its long membership of the European Union and this could slow talks on its departure from the EU, the premier of non-EU Norway said, adding that she feared "a very hard Brexit". British Prime M
Published 06 Jan, 2017 12:00am
Japan's 'Tuna King' wins annual auction for $636,000

Japan's 'Tuna King' wins annual auction for $636,000

Japan's self-styled "Tuna King" has done it again - paying more than $600,000 for a single fish. Sushi entrepreneur Kiyoshi Kimura paid top price at the first auction of the new year at Tokyo's Tsukiji fish market on Thursday, bagging a prized bluefin tun
Published 06 Jan, 2017 12:00am
UK, China, South Africa downgrade calls loom for Moody's

UK, China, South Africa downgrade calls loom for Moody's

Moody's is likely to make key rating calls on Britain, China and South Africa among others this year as rising political risk and debt levels push the number of countries on a downgrade warning back to a record high. From Europe's Brexit strains and loomi
Published 06 Jan, 2017 12:00am
UK, China, South Africa downgrade calls loom for Moody's

UK, China, South Africa downgrade calls loom for Moody's

Moody's is likely to make key rating calls on Britain, China and South Africa among others this year as rising political risk and debt levels push the number of countries on a downgrade warning back to a record high. From Europe's Brexit strains and loomi
Published 06 Jan, 2017 12:00am
Irish annual retail sales rise on 'Black Friday' discounting

Irish annual retail sales rise on 'Black Friday' discounting

Irish retail sales volumes rose 4.3 percent year-on-year in November, data showed on Thursday, after another round of price cuts around "Black Friday" led to a particularly big jump in the purchase of electrical goods. Retail sales have grown strongly sin
Published 06 Jan, 2017 12:00am
Canada producer prices rise
Currency

Canada producer prices rise

Canadian producer prices increased by 0.3 percent in November from October on higher costs for vehicles and primary non-ferrous metal products, Statistics Canada said on Thursday. Of the 21 major commodity groups, prices rose in 14, fell in two and were u
Published 06 Jan, 2017 12:00am
Cotton prices rise firmly
Cotton

Cotton prices rise firmly

In line with the robust rise in international cotton prices, Pakistan lint prices have followed suit. The increase in the price of New York Cotton futures and notable gains in international cotton prices, cotton prices have become tight with the report th
Published 06 Jan, 2017 12:00am
Cotton prices rise firmly
Cotton

Cotton prices rise firmly

In line with the robust rise in international cotton prices, Pakistan lint prices have followed suit. The increase in the price of New York Cotton futures and notable gains in international cotton prices, cotton prices have become tight with the report th
Published 06 Jan, 2017 12:00am
Seed cotton prices soar amid thin business
Cotton

Seed cotton prices soar amid thin business

Seed-cotton prices went up on the cotton market on Thursday in the process of slow trading activity, dealers said. The official spot rate was unchanged at Rs 6300, dealers said. In Sindh, seed cotton prices were higher by Rs 150 to Rs 2800-3350, they said
Published 06 Jan, 2017 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 126,467 tonnes of cargo comprising 105,674 tonnes of import cargo and 20,793 tonnes of export cargo including 5,978 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 06 Jan, 2017 12:00am
European vegoils market starts 2017 quietly firmer

European vegoils market starts 2017 quietly firmer

The European vegetable oils market started 2017 on firm footing on Monday, but the market was quiet due to public holidays in many parts of world. "The first trading day was not a very exciting one with so many dealers still off on the New Year break. Sel
Published 06 Jan, 2017 12:00am
Palm oil firmer on European vegoils market
Currency

Palm oil firmer on European vegoils market

Asking prices for palm oil on the European vegetable oils market were firmer on Tuesday following gains in Malaysian palm oil futures on the back of concerns over slow production. Palm oil was offered between $7.50 and $20 a tonne up from Monday after Mal
Published 06 Jan, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,093. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 2.70 billion and the number of lots traded was 7,654.
Published 06 Jan, 2017 12:00am
EU wheat hits five-week high on strong US market supports

EU wheat hits five-week high on strong US market supports

European wheat hit a five-week high on Tuesday, supported by a strong US market and a weaker euro against the dollar, making it more competitive on world markets. March milling wheat on Paris-based Euronext was 0.7 percent higher by 1656 GMT to 169.25 eur
Published 06 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 06 Jan, 2017 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 06 Jan, 2017 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 06 Jan, 2017 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 Thursday (January 05, 2017).

Published 06 Jan, 2017 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 Thursday (January 05, 2017).

Published 06 Jan, 2017 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 Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (January 05, 2017).
Published 06 Jan, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (January 05, 2017).

Published 06 Jan, 2017 12:00am
SC asks how Sharifs set up factory in Jeddah

SC asks how Sharifs set up factory in Jeddah

Justice Asif Saeed Khan Khosa on Thursday questioned if the Sharif family's business was closed in Pakistan during the Musharraf regime then what was its source of a huge sum of money that was used to set up a factory in Jeddah. A five-member larger bench
Published 06 Jan, 2017 12:00am
SC asks how Sharifs set up factory in Jeddah

SC asks how Sharifs set up factory in Jeddah

Justice Asif Saeed Khan Khosa on Thursday questioned if the Sharif family's business was closed in Pakistan during the Musharraf regime then what was its source of a huge sum of money that was used to set up a factory in Jeddah. A five-member larger bench
Published 06 Jan, 2017 12:00am
There's 'way out' for those who want to come into tax net: Dar

There's 'way out' for those who want to come into tax net: Dar

Following selection of 93,277 cases for audit through computerised balloting, Finance Minister Ishaq Dar said Thursday that some 'way out' could be provided to those who wanted to come into tax net after witnessing developments on OECD's anti-tax evasion
Published 06 Jan, 2017 12:00am
There's 'way out' for those who want to come into tax net: Dar

There's 'way out' for those who want to come into tax net: Dar

Following selection of 93,277 cases for audit through computerised balloting, Finance Minister Ishaq Dar said Thursday that some 'way out' could be provided to those who wanted to come into tax net after witnessing developments on OECD's anti-tax evasion
Published 06 Jan, 2017 12:00am
There''s ''way out'' for those who want to come into tax net: Dar

There''s ''way out'' for those who want to come into tax net: Dar

Following selection of 93,277 cases for audit through computerised balloting, Finance Minister Ishaq Dar said Thursday that some ''way out'' could be provided to those who wanted to come into tax net after witnessing developments on OECD''s anti-tax evasi
Published 06 Jan, 2017 12:00am
Minister for early finalisation of new company law

Minister for early finalisation of new company law

Finance Minister Ishaq Dar has called for early promulgation of the new company law for which he suggested that sub-committees of both Houses of the Parliament should sit together for early finalisation of the Companies Bill 2016. This was informed by Ish
Published 06 Jan, 2017 12:00am
Minister for early finalisation of new company law

Minister for early finalisation of new company law

Finance Minister Ishaq Dar has called for early promulgation of the new company law for which he suggested that sub-committees of both Houses of the Parliament should sit together for early finalisation of the Companies Bill 2016. This was informed by Ish
Published 06 Jan, 2017 12:00am
Minister for early finalisation of new company law

Minister for early finalisation of new company law

Finance Minister Ishaq Dar has called for early promulgation of the new company law for which he suggested that sub-committees of both Houses of the Parliament should sit together for early finalisation of the Companies Bill 2016. This was informed by Ish
Published 06 Jan, 2017 12:00am
Looting erupts amid Mexico gas price protests

Looting erupts amid Mexico gas price protests

Looting broke out at dozens of stores in Mexico on Wednesday on the sidelines of protests against a steep gasoline price increase as authorities detained more than 200 people. Mexicans have blocked service stations, disrupted highway traffic and staged pr
Published 06 Jan, 2017 12:00am
Looting erupts amid Mexico gas price protests

Looting erupts amid Mexico gas price protests

Looting broke out at dozens of stores in Mexico on Wednesday on the sidelines of protests against a steep gasoline price increase as authorities detained more than 200 people. Mexicans have blocked service stations, disrupted highway traffic and staged pr
Published 06 Jan, 2017 12:00am
Looting erupts amid Mexico gas price protests

Looting erupts amid Mexico gas price protests

Looting broke out at dozens of stores in Mexico on Wednesday on the sidelines of protests against a steep gasoline price increase as authorities detained more than 200 people. Mexicans have blocked service stations, disrupted highway traffic and staged pr
Published 06 Jan, 2017 12:00am
Hydropower projects encounter troubled sales tax waters

Hydropower projects encounter troubled sales tax waters

The federal government is likely to grant blanket exemption from levy of billions of rupee sales tax on construction and related services for hydropower projects being constructed under the China Pakistan Economic Corridor (CPEC) arrangements, well-inform
Published 06 Jan, 2017 12:00am
Hydropower projects encounter troubled sales tax waters

Hydropower projects encounter troubled sales tax waters

The federal government is likely to grant blanket exemption from levy of billions of rupee sales tax on construction and related services for hydropower projects being constructed under the China Pakistan Economic Corridor (CPEC) arrangements, well-inform
Published 06 Jan, 2017 12:00am
Hydropower projects encounter troubled sales tax waters

Hydropower projects encounter troubled sales tax waters

The federal government is likely to grant blanket exemption from levy of billions of rupee sales tax on construction and related services for hydropower projects being constructed under the China Pakistan Economic Corridor (CPEC) arrangements, well-inform
Published 06 Jan, 2017 12:00am
CoAS highlights Balochistan's strategic importance

CoAS highlights Balochistan's strategic importance

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Thursday terming the youth of Balochistan future of Pakistan urged them to spearhead their efforts in all fields to take Pakistan to the status and glory that the motherland deserves. "So get ready t
Published 06 Jan, 2017 12:00am
CoAS highlights Balochistan's strategic importance

CoAS highlights Balochistan's strategic importance

Chief of Army Staff (CoAS) General Qamar Javed Bajwa on Thursday terming the youth of Balochistan future of Pakistan urged them to spearhead their efforts in all fields to take Pakistan to the status and glory that the motherland deserves. "So get ready t
Published 06 Jan, 2017 12:00am
Mass transit projects:: ECC likely to grant exemption from taxes, duties

Mass transit projects:: ECC likely to grant exemption from taxes, duties

The Economic Co-ordination Committee (ECC) of the Cabinet is likely to grant exemption from taxes and duties on import of equipment for rail-based mass transit projects in provinces under China-Pakistan Economic Corridor (CPEC) today (Friday). Sources tol
Published 06 Jan, 2017 12:00am
Mass transit projects:: ECC likely to grant exemption from taxes, duties

Mass transit projects:: ECC likely to grant exemption from taxes, duties

The Economic Co-ordination Committee (ECC) of the Cabinet is likely to grant exemption from taxes and duties on import of equipment for rail-based mass transit projects in provinces under China-Pakistan Economic Corridor (CPEC) today (Friday). Sources tol
Published 06 Jan, 2017 12:00am
Mass transit projects:: ECC likely to grant exemption from taxes, duties

Mass transit projects:: ECC likely to grant exemption from taxes, duties

The Economic Co-ordination Committee (ECC) of the Cabinet is likely to grant exemption from taxes and duties on import of equipment for rail-based mass transit projects in provinces under China-Pakistan Economic Corridor (CPEC) today (Friday). Sources tol
Published 06 Jan, 2017 12:00am
SBP proposes issuance of ISBs, tax exemption on NSS
Currency

SBP proposes issuance of ISBs, tax exemption on NSS

The State Bank of Pakistan (SBP) has proposed introduction of Islamic Saving Bonds and tax exemption on National Savings Scheme's return on small investment aimed at attracting more investment. The downward revision in NSS rates continued to dampen the ne
Published 06 Jan, 2017 12:00am
SBP proposes issuance of ISBs, tax exemption on NSS
Currency

SBP proposes issuance of ISBs, tax exemption on NSS

The State Bank of Pakistan (SBP) has proposed introduction of Islamic Saving Bonds and tax exemption on National Savings Scheme's return on small investment aimed at attracting more investment. The downward revision in NSS rates continued to dampen the ne
Published 06 Jan, 2017 12:00am
SBP proposes issuance of ISBs, tax exemption on NSS
Currency

SBP proposes issuance of ISBs, tax exemption on NSS

The State Bank of Pakistan (SBP) has proposed introduction of Islamic Saving Bonds and tax exemption on National Savings Scheme''s return on small investment aimed at attracting more investment. The downward revision in NSS rates continued to dampen the n
Published 06 Jan, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Jan, 2017 12:00am
SBP proposes issuance of ISBs, tax exemption on NSS
Currency

SBP proposes issuance of ISBs, tax exemption on NSS

The State Bank of Pakistan (SBP) has proposed introduction of Islamic Saving Bonds and tax exemption on National Savings Scheme''''s return on small investment aimed at attracting more investment. The downward revision in NSS rates continued to dampen the
Published 06 Jan, 2017 12:00am
MoF against making PPRA strong

MoF against making PPRA strong

Ministry of Finance is against of making Public Procurement Regulatory Authority (PPRA) a powerful institution and stated that its role should not be beyond that of an advisory body. The Senate Standing Committee on Finance, chaired by Senator Saleem Mand
Published 06 Jan, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Jan, 2017 12:00am
MoF against making PPRA strong

MoF against making PPRA strong

Ministry of Finance is against of making Public Procurement Regulatory Authority (PPRA) a powerful institution and stated that its role should not be beyond that of an advisory body. The Senate Standing Committee on Finance, chaired by Senator Saleem Mand
Published 06 Jan, 2017 12:00am
MoF against making PPRA strong

MoF against making PPRA strong

Ministry of Finance is against of making Public Procurement Regulatory Authority (PPRA) a powerful institution and stated that its role should not be beyond that of an advisory body. The Senate Standing Committee on Finance, chaired by Senator Saleem Mand
Published 06 Jan, 2017 12:00am