BR100 Decreased By (-1.07%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.89%)
KSE30 Decreased By (-1.04%)
BECO 5.57 Decreased By ▼ -0.26 (-4.46%)
BML 60.50 Increased By ▲ 2.60 (4.49%)
BOP 33.26 Decreased By ▼ -0.53 (-1.57%)
CNERGY 8.04 Decreased By ▼ -0.11 (-1.35%)
DCL 11.31 Decreased By ▼ -0.48 (-4.07%)
FCCL 53.01 Decreased By ▼ -0.48 (-0.9%)
FCSC 5.37 Decreased By ▼ -0.03 (-0.56%)
FFL 17.62 Decreased By ▼ -0.22 (-1.23%)
FNEL 1.32 Increased By ▲ 0.02 (1.54%)
HUMNL 11.15 Increased By ▲ 0.04 (0.36%)
KEL 7.87 Decreased By ▼ -0.15 (-1.87%)
KOSM 5.34 Decreased By ▼ -0.11 (-2.02%)
MLCF 85.15 Decreased By ▼ -2.25 (-2.57%)
NBP 181.75 Decreased By ▼ -2.49 (-1.35%)
PACE 11.55 Decreased By ▼ -0.07 (-0.6%)
PAEL 39.50 Decreased By ▼ -0.75 (-1.86%)
PIAHCLA 25.61 Decreased By ▼ -0.51 (-1.95%)
PIBTL 17.15 Increased By ▲ 0.01 (0.06%)
PPL 224.75 Decreased By ▼ -3.98 (-1.74%)
PRL 34.30 Decreased By ▼ -0.19 (-0.55%)
PTC 65.00 Decreased By ▼ -2.54 (-3.76%)
SEARL 89.81 Decreased By ▼ -1.12 (-1.23%)
SSGC 26.37 Decreased By ▼ -0.46 (-1.71%)
TELE 8.43 Decreased By ▼ -0.10 (-1.17%)
THCCL 69.18 Increased By ▲ 3.04 (4.6%)
TPLP 10.33 Increased By ▲ 1.00 (10.72%)
TREET 24.22 Decreased By ▼ -0.29 (-1.18%)
TRG 69.55 Decreased By ▼ -2.06 (-2.88%)
WAVES 11.03 Increased By ▲ 0.05 (0.46%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2017-01-21
'Dump Trump': Tens of thousands join global march
World Top News

'Dump Trump': Tens of thousands join global march

LONDON: Tens of thousands of people took to the streets of London, Paris and other cities worldwide Saturday in solidarity with women-led marches in the United States, opposed to President Donald Trump the day after his inauguration.
Published 21 Jan, 2017 08:34pm
Looking forward to work with new US admin for strengthening ties: Dar
World Top News

Looking forward to work with new US admin for strengthening ties: Dar

ISLAMABAD: Expressing best wishes on the swearing-in of the new President of the United States, Finance Minister Senator Mohammad Ishaq Dar said the government of Pakistan looked forward to working with the new US administration for further strengthening
Published 21 Jan, 2017 07:52pm
Dar assures support for AJK development
General News

Dar assures support for AJK development

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar on Saturday said the Federal Government would continue to extend full support and cooperation to the Azad Jammu and Kashmir (AJK) Government for the socio-economic development of the area, in line wit
Published 21 Jan, 2017 07:50pm
NA Speaker, Deputy condemn Parachinar bomb blast
General News

NA Speaker, Deputy condemn Parachinar bomb blast

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq and Deputy Speaker Murtaza Javed Abbasi on Saturday condemned a bomb blast in the fruit and vegetable market of Parachinar claiming many precious lives.
Published 21 Jan, 2017 07:48pm
2017 will be year of PIA's restoration: Ahsan
Pakistan Top News

2017 will be year of PIA's restoration: Ahsan

ISLAMABAD: Federal Minister for Planning Development and Reforms Ahsan Iqbal Saturday said 2017 would be the year of the restoration of Pakistan International Airlines (PIA).
Published 21 Jan, 2017 07:43pm
Tennis: Dimitrov downs Gasquet in early-morning finish
Sports

Tennis: Dimitrov downs Gasquet in early-morning finish

MELBOURNE: Bulgaria's 15th seed Grigor Dimitrov grabbed only his second career win over Frenchman Richard Gasquet to reach the fourth round of the Australian Open in a super-late match which finished at exactly 2:00 am on Sunday.
Published 21 Jan, 2017 07:42pm
No compromise on Baloschistan's development: Zehri
Front Top News

No compromise on Baloschistan's development: Zehri

ISLAMABAD: Balochistan Chief Minister Nawab Sanaullah Zehri Saturday said people of the province would not compromise in any manner on the development process, initiated by Prime Minister Muhammad Nawaz Sharif.
Published 21 Jan, 2017 02:31pm
Khurram Dastgir due in Brussels Sunday on four-day visit
Pakistan

Khurram Dastgir due in Brussels Sunday on four-day visit

ISLAMABAD: Federal Minister for Commerce Engineer Khurram Dastgir Khan is scheduled to arrive in Brussels Sunday (January 22) on a four-day official visit where he will chair a conference of trade officers based in Pakistan's missions in Europe.
Published 21 Jan, 2017 02:30pm
Storm disrupts Singapore Open 3rd round
Sports

Storm disrupts Singapore Open 3rd round

SINGAPORE: Australia's Adam Scott was among four players tied for the lead at the Singapore Open on Saturday when a tropical storm and fading light forced the suspension of the third round.
Published 21 Jan, 2017 02:00pm
Pliskova survives big scare to stay alive
Sports

Pliskova survives big scare to stay alive

MELBOURNE: Fifth seed Karolina Pliskova survived a huge scare Saturday, scrambling into the Australian Open fourth round after battling from a set down in a marathon match.
Published 21 Jan, 2017 01:57pm
Paris claims second Kitzbuehel downhill win
Sports

Paris claims second Kitzbuehel downhill win

KITZBHEL: Italy's Dominik Paris joined the pantheon of skiing greats who have won the World Cup's most prestigious event, the Kitzbuehel downhill, twice after his latest triumph on Saturday.
Published 21 Jan, 2017 01:56pm
Gayle reveals how he cheated death
Cricket

Gayle reveals how he cheated death

West Indian hard hitting batsman Chris Gayle is known throughout the cricketing world for his eccentricity and party loving lifestyle.
Published 21 Jan, 2017 01:09pm
Vonn takes Garmisch downhill for 77th win
Sports

Vonn takes Garmisch downhill for 77th win

GARMISCH-PARTENKIRCHEN: US ski queen Lindsey Vonn announced her return to form on Saturday, after nearly a year out with injury, with victory in the downhill at Garmisch, her 77th World Cup win.
Published 21 Jan, 2017 12:39pm
UN launches $550 million Afghan aid appeal
World Top News

UN launches $550 million Afghan aid appeal

KABUL: The United Nations on Saturday launched a $550 million humanitarian appeal for Afghanistan, where about a third of the population is in need of assistance.
Published 21 Jan, 2017 12:16pm
Deserted soldier Chandu Babulal hands over to India
Pakistan Top News

Deserted soldier Chandu Babulal hands over to India

RAWALPINDI: Sepoy Chandu Babulal Chohan, an Indian Army soldier, stationed in Indian occupied Kashmir, had deserted his post at Line of Control (LOC) due to his grievances of maltreatment at the hands of his commanders.
Published 21 Jan, 2017 11:20am
Mesmerizing Travel Photography by Magomed Shapiev
Featured Photos

Mesmerizing Travel Photography by Magomed Shapiev

Photo Credit: Magomed Shapiev%D%AMagomed Shapiev is a talented 24-year-old self-taught staff photographer at Dagestans presidential press office and popular instagram user based in Makhachkala, Russia.
Published 21 Jan, 2017 11:00am
Breathtaking Travel Photography by Max Muench
Featured Photos

Breathtaking Travel Photography by Max Muench

Photo Credit: Max Muench%D%AMax Muench is a talented 24-year-old freelance photographer, pianist and traveler currently based in Berlin, Germany.
Published 21 Jan, 2017 10:55am
Bookworm by Dina Belenko
Featured Photos

Bookworm by Dina Belenko

Photo Credit: Dina Belenko%Dina Belenko is a talented photographer and retoucher from Khabarovsk, Russian Federation.
Published 21 Jan, 2017 10:49am
Putin to call Trump in coming days
Europe

Putin to call Trump in coming days

MOSCOW: Russian President Vladimir Putin is expected to call US President Donald Trump is coming days to congratulate him on taking office, Kremlin spokesman Dmitry Peskov was quoted as saying by RIA news agency.
Published 21 Jan, 2017 10:41am
Tevez out to prove his worth in 'new home' Shanghai
Football

Tevez out to prove his worth in 'new home' Shanghai

SHANGHAI: Argentine forward Carlos Tevez said Saturday he will have to earn every yuan of his reportedly world-leading salary as he officially joined Chinese Super League side Shanghai Shenhua, declaring it his "new home.
Published 21 Jan, 2017 09:45am
Two 'terrorists' blow themselves in Jeddah
Front Top News

Two 'terrorists' blow themselves in Jeddah

DOHA: Two suspected militants blew themselves up in a confrontation with security forces in Saudi Arabia's second city of Jeddah early on Saturday, Saudi media reported.
Published 21 Jan, 2017 09:35am
Asad Shafiq needs more time, says Azhar
Cricket

Asad Shafiq needs more time, says Azhar

Topsy-turvy could be right word to describe Asad Shafiq cricket career, the Pakistan middle order batsman has been phenomenal in the games purest form, but has failed to repeat the same in limited overs.
Published 21 Jan, 2017 09:16am
Gambia's leader Jammeh says he will step down, ending political impasse
Front Top News

Gambia's leader Jammeh says he will step down, ending political impasse

BANJUL: Gambia's leader Yahya Jammeh said on Saturday he would step down from power in a statement made in the face of pressure from West African armies that entered his country to remove him after he refused to concede an election defeat to President
Published 21 Jan, 2017 08:46am
Trump celebrates a great day with Melania
Front Top News

Trump celebrates a great day with Melania

WASHINGTON: It's a historic day for America, President Donald Trump and first lady Melania took the stage for their first dance as a presidential couple at the Liberty Ball.
Published 21 Jan, 2017 08:27am
Turkey moves closer to expanding Erdogan powers
Europe

Turkey moves closer to expanding Erdogan powers

ANKARA: The Turkish parliament early Saturday approved a draft bill that would dramatically expand the powers of President Recep Tayyip Erdogan, meaning the country will vote on changing the constitution later this year.
Published 21 Jan, 2017 08:16am
Azhar Ali to lead Pakistan at SCG
Cricket

Azhar Ali to lead Pakistan at SCG

Pakistan One Day Internationals (ODI) skipper Azhar Ali, would lead the side in the upcoming fourth ODI against Australia at Sydney on Sunday.
Published 21 Jan, 2017 08:10am
Serena juggernaut hits top gear in Melbourne
Sports

Serena juggernaut hits top gear in Melbourne

MELBOURNE: A "super-focused" Serena Williams joined sister Venus in the fourth round of the Australian Open Saturday, ruthlessly snuffing out Nicole Gibbs's challenge as she accelerates towards a record 23rd Grand Slam title.
Published 21 Jan, 2017 08:02am
Shakib magic cleans out New Zealand middle order
Cricket

Shakib magic cleans out New Zealand middle order

CHRISTCHURCH: Bangladesh unleashed Shakib Al Hasan with dramatic effect late on day two of the second Test against New Zealand claiming three quick wickets to leave the contest evenly poised on Saturday.
Published 21 Jan, 2017 07:52am
President Trump acts swiftly at dawn of new era
Front Top News

President Trump acts swiftly at dawn of new era

WASHINGTON: President Donald Trump assumed power Friday with a fiercely nationalistic vow to put "America first," taking a stinging swipe at the legacy of his predecessor hours after reciting the oath of office.
Published 21 Jan, 2017 07:51am
Konta blitzes Wozniacki to continue hot run
Sports

Konta blitzes Wozniacki to continue hot run

MELBOURNE: Rampant Johanna Konta blitzed former world number one Caroline Wozniacki Saturday to set up an intriguing fourth-round Australian Open clash with Russia's Ekaterina Makarova.
Published 21 Jan, 2017 07:50am
India PM overturns court ban on bull-wrestling
Life & Style

India PM overturns court ban on bull-wrestling

NEW DELHI: Prime Minister Narendra Modi has overturned a Supreme Court ban on a bull-wrestling festival that fuelled massive protests in southern India by demonstrators who called it an attack on their culture.
Published 21 Jan, 2017 07:44am
Pakistan, China decide to include new projects in CPEC
Business & Finance

Pakistan, China decide to include new projects in CPEC

ZAHEER ABBASI%D%AISLAMABAD: Joint Co-ordination Committee (JCC) has agreed, in principle, to include Keti Bunder Sea Port Development project as well as Naukuridi-Mashkhel-Panjgur road project (which would connect with M-8 & N-85) in the China Pakistan Ec
Published 21 Jan, 2017 07:06am
MNFS approaches ECC for $2 million recovery from finance ministry

MNFS approaches ECC for $2 million recovery from finance ministry

Ministry of National Food Security and Research (MNFS&R) has approached the Economic Co-ordination Committee (ECC) of the Cabinet for recovery of approximately $2 million from the Finance Ministry against wheat supplied to Afghanistan during 2008-09, well
Published 21 Jan, 2017 12:00am
Rupali Foods launches Whistlez Biscuits

Rupali Foods launches Whistlez Biscuits

Rupali Foods is proud to announce the launch of its newest brand, Whistlez, which stands for quality in everything. Whistlez aims at delivering fun-filled moments with a whole range of mesmerisingly delicious biscuits. Whistlez Biscuits come in six amazin
Published 21 Jan, 2017 12:00am
No evidence against Nawaz presented so far, says PML-N minister

No evidence against Nawaz presented so far, says PML-N minister

Minister of State for Information, Marriyum Aurangzeb said on Friday that no petitioner has so far presented any evidence before the court against Prime Minister Nawaz Sharif in the Panama case. Talking to the media after hearing by the Supreme Court, she
Published 21 Jan, 2017 12:00am
UnionPay, Summit Bank ink issuance agreement

UnionPay, Summit Bank ink issuance agreement

UnionPay International on Friday announced that it had signed an issuance agreement with Pakistan Summit Bank. The two sides have agreed to jointly issue UnionPay cards on a large scale. Now, UnionPay has become the international bankcard brand with the s
Published 21 Jan, 2017 12:00am
Three killed in gas cylinder explosion

Three killed in gas cylinder explosion

3 persons including a new-born died while 3 others including 2 children got injured on Friday in a gas cylinder explosion here at a house in PWD Colony. The dead included a mother, her newborn and a maid, while 2 children and their grandmother were critic
Published 21 Jan, 2017 12:00am
UNHCR, SAFRON launch skills development programme

UNHCR, SAFRON launch skills development programme

The UN Refugee Council (UNHCR) and the Ministry of State and Frontier Regions (SAFRON) launched a skills development programme on Friday to empower Pakistani and Afghan refugee youth across Pakistan. The pilot project costing Rs 30 million (USD 300,000) w
Published 21 Jan, 2017 12:00am
Pakistan to get additional WB funds for National Forest Policy

Pakistan to get additional WB funds for National Forest Policy

Pakistan is expected to get additional funds from the World Bank to implement the National Forest Policy, recently approved by the Council of Common Interests (CCI). Officials of the Ministry of Climate Change told this to the Sub-Committee of the Public
Published 21 Jan, 2017 12:00am
Four new trade associations to be established: FCCI SVP

Four new trade associations to be established: FCCI SVP

At least four new trade associations will be established to ensure enhanced representation of the business community of Faisalabad in Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in addition to resolving their sector specific problems
Published 21 Jan, 2017 12:00am
'EFP Way Forward' Team attending Dubai Retreat programme

'EFP Way Forward' Team attending Dubai Retreat programme

A 19-member delegation comprising 12 Members of Board of Directors, Secretariat and others, led by Majyd Aziz, President Employers' Federation of Pakistan, are attending an exclusive two-day Dubai Retreat programme on "EFP Way Forward" hosted by Dutch Emp
Published 21 Jan, 2017 12:00am
CPEC routes: KP vows to protect rights of affected people

CPEC routes: KP vows to protect rights of affected people

A spokesman for the Khyber Pakhtunkhwa (KP) government, Mushtaq Ghani, vowed on Friday that rights of the people sacrificing their properties for the sake of China-Pakistan Economic Corridor (CPEC) routes would be protected. "CPEC is an important project
Published 21 Jan, 2017 12:00am
Punjab Rangers DG calls on Shahbaz

Punjab Rangers DG calls on Shahbaz

Newly appointed DG Rangers Punjab Major General Azhar Naveed Hayat called on Chief Minister Punjab Muhammad Shehbaz Sharif on Friday. Punjab Chief Minister congratulated as well as extended his best wishes to him. While acclaiming the services of officers
Published 21 Jan, 2017 12:00am
PAF passing out parade of Aero Apprentices held

PAF passing out parade of Aero Apprentices held

The passing out parade of Aero Apprentices was held here at PAF Base, Korangi Creek, a PAF spokesman said, in a statement, on Friday. A total of 823 Aero Apprentices, including personnel from Jordan and Pakistan Navy, successfully completed their technica
Published 21 Jan, 2017 12:00am
Jinnah Avenue: blocks at service roads turned into dumps

Jinnah Avenue: blocks at service roads turned into dumps

Concrete blocks placed by the city police at service roads adjacent to Jinnah Avenue, the main thoroughfare of the federal capital, have become garbage dumping ground. The ostensible reason for placing the concrete blocks is security, confirmed by a polic
Published 21 Jan, 2017 12:00am
Shahbaz gives approval to risk allowance for nurses

Shahbaz gives approval to risk allowance for nurses

Punjab Chief Minister Shahbaz Sharif has accorded approval for giving risk allowance at Rs 9000 per month to the nurses. A summary was moved to the Chief Minister by Secretary Specialised Healthcare & Medical Education to the Chief Minister who accorded n
Published 21 Jan, 2017 12:00am
SMEDA, MCCI hold workshop on Food Safety Management System

SMEDA, MCCI hold workshop on Food Safety Management System

Small and Medium Enterprises Development Authority (SMEDA) organised a one-day workshop on Food Safety Management System (FSMS) with the collaboration of Multan Chamber of Commerce& Industry (MCCI). Delivering his presidential address Khawaja Jalaluddin R
Published 21 Jan, 2017 12:00am
Plan to smuggle foreign currency foiled
Currency

Plan to smuggle foreign currency foiled

The Khasadar force foiled a bid of smuggling of foreign currency from Pakistan to Afghanistan at Torkham border on Friday. Naib Tehsildar Torkham, Shams-ul-Islam said that on duty Khasadar personnel stopped an Afghan national for a routine checking. Durin
Published 21 Jan, 2017 12:00am
K-Electric initiates Apprenticeship Programme

K-Electric initiates Apprenticeship Programme

Aimed at enhancing employability of management and non-management workforce through skill development, mentoring and on-job training, K-Electric has initiated Apprenticeship Programme 2017-18 during an interactive ceremony held recently at KE Azm Learning
Published 21 Jan, 2017 12:00am
Majority of agreements on CPEC projects completed, Khattak says

Majority of agreements on CPEC projects completed, Khattak says

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that majority of agreements on CPEC related projects have been completed as a new era of development and prosperity is about to usher in that will help generate employment opportunities to thousand
Published 21 Jan, 2017 12:00am
Four tortured bodies found

Four tortured bodies found

The Police on Friday found four tortured bodies near link road in Steel Town in the mega city. According to Malir SSP Rao Anwar the deceased were blindfolded which shows they might have been murdered at a different spot and then thrown in an empty plot. T
Published 21 Jan, 2017 12:00am
Chief Justice acts over small girl's rape

Chief Justice acts over small girl's rape

The Chief Justice of Pakistan Justice Mian Saqib Nisar has taken notice of reported rape and torture on 6-year old girl "Tooba" at Karachi. The action was taken on reports that she was tried to be murdered after being raped by unidentified people and was
Published 21 Jan, 2017 12:00am
'Female graduates should avail overseas higher education opportunities'

'Female graduates should avail overseas higher education opportunities'

Agri scientists and educationists have called for motivating the female graduates to avail the overseas higher education opportunities, narrowing down the gender gap in education and other fields and make the people aware about women rights in order to ov
Published 21 Jan, 2017 12:00am
Anomalies in registration of vehicles revealed

Anomalies in registration of vehicles revealed

An audit team of Excise department has revealed anomalies in registration of two-wheelers by the staff, causing revenue loss to the government. According to the sources, the Director General Excise department Akram Ashraf Gondal has took action against th
Published 21 Jan, 2017 12:00am
QAU admn helpless before drug mafia, land grabbers, VC says

QAU admn helpless before drug mafia, land grabbers, VC says

Vice-Chancellor Quaid-e-Azam University (QAU), Dr Javed Ashraf Friday said that University administration was helpless before drug mafia and land grabbers, saying despite hectic efforts, it couldn't fully succeed to purge the university of drugs and encro
Published 21 Jan, 2017 12:00am
Samsung inaugurates new service centre

Samsung inaugurates new service centre

Samsung has recently inaugurated a highly equipped Service Center for its mobile devices, at 125/130-2, Amma Tower, Plot 71 NI Line, crossing of MA Jinnah Road, Karachi. The facility is enriched with sophisticated equipment, to set higher standards of ser
Published 21 Jan, 2017 12:00am
'CPEC will also enhance Pak-China defence, cultural ties'

'CPEC will also enhance Pak-China defence, cultural ties'

"The China-Pakistan Economic Corridor (CPEC) will not only strengthen bilateral economic relations but will also give boost to defence, culture and people to people relations between the two brotherly nations", stated Nasrullah Khan, High Commissioner for
Published 21 Jan, 2017 12:00am
Minister pays surprise visit to BBH

Minister pays surprise visit to BBH

Punjab Minister for Specialised Healthcare & Medical Education Khawaja Salman Rafique paid a surprise visit to Benazir Bhutto Hospital on Friday. The minister inspected various departments of the hospital. He was surprised to see that the patients' counte
Published 21 Jan, 2017 12:00am
'Collective efforts needed to guard rights of Pakistanis abroad

'Collective efforts needed to guard rights of Pakistanis abroad

Commissioner Overseas Pakistanis Commission (OPC) Punjab, Afzaal Bhatti has said that there is a need for waging collective efforts to safeguard the rights of Overseas Pakistanis (OPs). During a meeting with Commissioner Lahore Division, Commissioner OPC
Published 21 Jan, 2017 12:00am
Course on Phenotyping cereals arranged

Course on Phenotyping cereals arranged

The Crawford Fund Training course on Phenotyping cereals in variably saline landscape in Pakistan arranged at the University of Agriculture Faisalabad concluded. The training was arranged by the Saline Agriculture Research Center, Institute of Soil Scienc
Published 21 Jan, 2017 12:00am
LHC orders AGP to present arguments till January 30

LHC orders AGP to present arguments till January 30

Chief Justice of Lahore High Court Syed Mansoor Ali Shah here on Friday adjourned the proceedings till January 30 in a petition challenging the government notifications of giving control of OGRA, NEPRA, PEPRA and Pakistan Telecommunications Authority (PTA
Published 21 Jan, 2017 12:00am
Wheat sowing target not achieved because of drought, high input costs

Wheat sowing target not achieved because of drought, high input costs

The country has missed wheat sowing target by 1.7 percent due to drought conditions and high input costs. According to an official document available with Business Recorder Ministry of National Food Security and Research (MNFS&R), wheat, a major st
Published 21 Jan, 2017 12:00am
Trump desires better ties with Pakistan: Jillani

Trump desires better ties with Pakistan: Jillani

US President Donald Trump has said he desires to see better US-Pakistan bilateral relations by putting it in a positive direction, Pakistan's Ambassador in US Jalil Abbas Jillani said in an exclusive interview with a Pakistani TV on Thursday.
Published 21 Jan, 2017 12:00am
SECP forms body to review in-house financing

SECP forms body to review in-house financing

In consultation with the relevant stakeholders, the Securities and Exchange Commission of Pakistan (SECP) has constituted a committee comprising of senior market professionals and stakeholders to review the matters of in-house financing and identification
Published 21 Jan, 2017 12:00am
First meeting of AOB held

First meeting of AOB held

Dr Tariq Hassan chaired the first meeting of the recently formed Audit Oversight Board (AOB) in Karachi on Friday. The meeting was attended by all members, including Ahmad Saeed, Muhammad Naeem, Faresa Jafarey Ahsan, Shahid Ghaffar, Tariq Iqbal Khan and A
Published 21 Jan, 2017 12:00am
FBR supports Board of Investment's relocation package

FBR supports Board of Investment's relocation package

The Federal Board of Revenue (FBR) has supported the special package of the Board of Investment (BoI) for relocation of industry in Pakistan from China and other countries for which threshold level for tax breaks/exemptions would be worked out in consulta
Published 21 Jan, 2017 12:00am
Smeda begins nationwide consultation for next budget

Smeda begins nationwide consultation for next budget

The Small and Medium Enterprises Development Authority (SMEDA) has initiated a nation-wide consultation process to solicit inputs for federal budget 2017-18 by approaching around 250 SME stakeholders including SMEs, chambers of commerce & industry, trade
Published 21 Jan, 2017 12:00am
Maple Leaf Cement wins CSR Award 2017

Maple Leaf Cement wins CSR Award 2017

Maple Leaf Cement is awarded with CSR Award 2017 in Summit organised by National Forum for Environment and Health at Islamabad on 19 January 2017.
Published 21 Jan, 2017 12:00am
Decision on Christian Divorce Act reserved

Decision on Christian Divorce Act reserved

The Lahore High Court Chief Justice reserved its verdict in a petition demanding change in Section 10 of the Christian Divorce Act, 1869.
Published 21 Jan, 2017 12:00am
WL&PD DG directs officers to utilise development funds

WL&PD DG directs officers to utilise development funds

Punjab Wildlife & Parks Department (WL&PD) Director General Khalid Ayyaz Khan has directed the regional officers of the department to ensure utilisation of the annual development funds (ADF) by completing schemes at the earliest going on under Annual Deve
Published 21 Jan, 2017 12:00am
Public & private sectors: Impacts of globalisation discussed

Public & private sectors: Impacts of globalisation discussed

There is a need to give deeper look into existing economic policies to get real benefit of globalisation that actually is a pack of opportunities. Pakistan is a resource-rich country but unfortunately previous governments did not tap this unmatched potent
Published 21 Jan, 2017 12:00am
Raja Pervaiz for early removal of PML-N government

Raja Pervaiz for early removal of PML-N government

Former prime minister and PPP stalwart Raja Pervaiz Ashraf has said that an early removal of the government in result of the mass movement of the PPP would be good for the country.
Published 21 Jan, 2017 12:00am
'PM to inaugurate Multan metro bus project on January 24'

'PM to inaugurate Multan metro bus project on January 24'

"Prime Minister Nawaz Sharif will inaugurate the metro bus project on January 24 in Multan as its development work has been completed and ready for inauguration. This project would provide facility to 95,000 commuters daily."
Published 21 Jan, 2017 12:00am
Shahbaz reviews project of 'Smart Board in Schools'

Shahbaz reviews project of 'Smart Board in Schools'

The Chief Minister Punjab Mian Muhammad Shahbaz Sharif has presided over a meeting that was arranged to review different aspects of the project "Smart Boards in schools", here Friday.
Published 21 Jan, 2017 12:00am
Stock market a barometer to evaluate economy: FCCI chief

Stock market a barometer to evaluate economy: FCCI chief

Sustained development of capital market is a prerequisite for a quantum jump and reinvigoration of the economic and industrial growth in Pakistan, said President Faisalabad Chamber of Commerce and Industry (FCCI) Engineer Muhammad Saeed Sheikh.
Published 21 Jan, 2017 12:00am
Shahbaz inaugurates First Lincoln Corner

Shahbaz inaugurates First Lincoln Corner

Chief Minister Punjab Mian Muhammad Shahbaz Sharif on Friday inaugurated First Lincoln Corner at Arifa Kareem Software Technology Park Lahore, which was the result of co-operation of American consulate and Information Technology University ITU Punjab.
Published 21 Jan, 2017 12:00am
PHEC mandated to improve quality of HESs: chairperson

PHEC mandated to improve quality of HESs: chairperson

"Punjab Higher Education Commission (PHEC) has been mandated by the Punjab government to improve the quality of Higher Education Institutions (HESs) of the province. Since its establishment, PHEC is vigilant in monitoring and evaluation based on the stric
Published 21 Jan, 2017 12:00am
World Bank team visits FPCCI

World Bank team visits FPCCI

A World Bank delegation headed by Business Environment Reforms Consultant, World Bank Group, Tim Vickery, on Friday visited the Federation of Pakistan Chambers of Commerce and Industry.
Published 21 Jan, 2017 12:00am
PPP legislators scorn opposition MPA in Sindh Assembly

PPP legislators scorn opposition MPA in Sindh Assembly

Calling her a 'drama queen,' the ruling PPP's legislators continued to disdain the opposition's outspoken lady lawmaker, Nusrat Sehar Abbasi, during the Sindh Assembly session on Friday.
Published 21 Jan, 2017 12:00am
PIA puts two Boeing 737-800 aircraft into operation

PIA puts two Boeing 737-800 aircraft into operation

Pakistan International Airlines (PIA) has put two Boeing 737-800 aircraft into operation on Friday. According to official details, the two Boeing 737-800 aircraft were obtained by PIA on wet lease from a Turkish operator. PIA claimed that no other airline
Published 21 Jan, 2017 12:00am
HPH Pakistan sets new vessel handling record

HPH Pakistan sets new vessel handling record

Hutchison Ports Pakistan, the country's first deep-water container terminal, started test operations on 9th December 2016. In less than two months, Hutchison Ports Pakistan set a new productivity record for Karachi with the handling of 1,666 moves in just
Published 21 Jan, 2017 12:00am
Murad orders crackdown on street criminals

Murad orders crackdown on street criminals

Chief Minister of Sindh Syed Murad Ali Shah on Friday directed police department to launch a vigorous targeted operation against street criminals and their supporters. "This must be vital and result oriented," he said.
Published 21 Jan, 2017 12:00am
Fresh spell of rains, snowfall likely next week

Fresh spell of rains, snowfall likely next week

The Met Office on Friday forecast a fresh spell of rains and snowfall for the entire country during the next week. It alerted the citizens of landslides in vulnerable areas of Khyber Pakhtunkhwa, Gilgit-Baltistan and Kashmir from intermittent rains. Isola
Published 21 Jan, 2017 12:00am
Accord to verify FTA certificates being finalized: Customs

Accord to verify FTA certificates being finalized: Customs

Following receiving a number of complaints vis-à-vis submission of forged and bogus Free Trade Agreement (FTA) certificates by some `unscrupulous elements' for availing inadmissible tax exemptions, the Pakistan Customs is finalising an agreement with Chin
Published 21 Jan, 2017 12:00am
FPCCI acting SG issues SOP for press statements

FPCCI acting SG issues SOP for press statements

Acting secretary general of Federation of Pakistan Chambers of Commence and Industry (FPCCI) Mahar Alam Khan has advised the media persons to entertain only those press releases that bear his signature because this authority was not delegated to anybody e
Published 21 Jan, 2017 12:00am
Mari Petroleum posts Rs 1,846.449 million PAT

Mari Petroleum posts Rs 1,846.449 million PAT

Mari Petroleum Company has posted Rs 1,846.449 millions profit after tax in the three month period ended December 31, 2016 as compared to Rs 585.111 millions earned in the corresponding period in 2015.
Published 21 Jan, 2017 12:00am
KATI chief for reopening of military courts

KATI chief for reopening of military courts

President of Korangi Association of Trade & Industry (KATI), Masood Naqi urged the government to reopen military courts to fight back terrorism in extraordinary conditions. He said that after meeting with CoAS General Qamar Javed Bajwa, business community
Published 21 Jan, 2017 12:00am
Dar tasked to evolve consensus on new Sindh governor

Dar tasked to evolve consensus on new Sindh governor

Prime Minister Nawaz Sharif has tasked Minister for Finance Ishaq Dar to reach out to major political parties in Sindh including Pakistan Peoples' Party and Muttahida Qaumi Movement and evolve a consensus on the next Governor of the province.
Published 21 Jan, 2017 12:00am
Plea for recognition of Pakistan's marble wealth

Plea for recognition of Pakistan's marble wealth

The president of the Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain, has urged the government to accept the recommendation of the All Pakistan Marble Industries Association so that this industry can add to the country's economy. H
Published 21 Jan, 2017 12:00am
Zarai Taraqiati Bank declares profit rates

Zarai Taraqiati Bank declares profit rates

Zarai Taraqiati Bank Limited has declared the rates of profit on different types of deposits for the half year ended 30th December 2016:

Published 21 Jan, 2017 12:00am
Zarai Taraqiati Bank declares profit rates

Zarai Taraqiati Bank declares profit rates

Zarai Taraqiati Bank Limited has declared the rates of profit on different types of deposits for the half year ended 30th December 2016:

Published 21 Jan, 2017 12:00am
Deutsche Bank AG declares profit rates

Deutsche Bank AG declares profit rates

Deutsche Bank AG has declared the rates of profit on different types of deposits for the half year ended 30th December 2016:

Published 21 Jan, 2017 12:00am
Deutsche Bank AG declares profit rates

Deutsche Bank AG declares profit rates

Deutsche Bank AG has declared the rates of profit on different types of deposits for the half year ended 30th December 2016:

Published 21 Jan, 2017 12:00am
US MIDDAY: gold turns up

US MIDDAY: gold turns up

Gold prices turned up on Friday, as the dollar fell and US Treasury yields came off their highs after Donald Trump was sworn in as US president. Trump pledged to end the "American carnage" of social and economic woes in an inaugural address that was a pop
Published 21 Jan, 2017 12:00am
US MIDDAY: soybeans down

US MIDDAY: soybeans down

Following are US trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST (1430 GMT) on Friday. Wheat steady to down 1 cent per bushel. Wheat pressured by disappointing weekly export
Published 21 Jan, 2017 12:00am
Oil prices jump two percent ahead of producers' compliance meeting

Oil prices jump two percent ahead of producers' compliance meeting

Oil prices rose more than 2 percent on Friday on expectations that this weekend's meeting of the world's top oil producers would demonstrate compliance to a global output cut deal, but rising US drilling activity limited gains. Members of the Organisation
Published 21 Jan, 2017 12:00am
Blast near Afghan buzkashi match kills three

Blast near Afghan buzkashi match kills three

A blast hit spectators after a game of buzkashi, or polo with a carcass, in northern Afghanistan Friday, killing at least three people in the latest spasm of violence in the wartorn country. The explosion triggered by an improvised explosive device in Khu
Published 21 Jan, 2017 12:00am
Car bomb wounds 12 in Libya's Benghazi

Car bomb wounds 12 in Libya's Benghazi

A car bomb exploded Friday near a mosque in Libya's second city of Benghazi, wounding 12 people including a former interior minister, medical and security sources said. Ashour Shwayel, who served as interior minister in the government of former prime mini
Published 21 Jan, 2017 12:00am
Gambia's Jammeh faces last chance deadline to quietly quit

Gambia's Jammeh faces last chance deadline to quietly quit

Gambia's Yahya Jammeh faced a "last chance" to hand over power peacefully Friday as troops from five African nations stood by to intervene and key regional leaders flew in to make a final push for a deal.
Published 21 Jan, 2017 12:00am
Four dead, 20 hurt as car rams Melbourne shoppers

Four dead, 20 hurt as car rams Melbourne shoppers

A car ploughed into pedestrians on a popular shopping strip in the heart of Australia's second-largest city on Friday, killing four people including a young child and injuring dozens more. Police said they were not considering the incident an act of terro
Published 21 Jan, 2017 12:00am
Japan to conduct simulated drills for China-Taiwan clash

Japan to conduct simulated drills for China-Taiwan clash

Japan will carry out a tabletop exercise next week to simulate its response in the event of a military clash between China and Taiwan, Japanese media said. The Self-Defence Forces will conduct drills from Monday through Friday with the US military partici
Published 21 Jan, 2017 12:00am
Denmark allows its soldiers to pursue IS in Syria

Denmark allows its soldiers to pursue IS in Syria

Danish troops fighting in Iraq will now be able to cross into Syria as part of the US-led coalition against the Islamic State group, officials said on Friday. The defence ministry said in a statement that Denmark's parliament had authorised special operat
Published 21 Jan, 2017 12:00am
Saudi-led air strikes kill 29 Yemen rebels

Saudi-led air strikes kill 29 Yemen rebels

Saudi-led air strikes on Yemen's Red Sea coast have killed at least 29 rebels over the past 24 hours, military sources said on Friday. The strikes hit two military camps, an ammunition depot and an arms transporter in Hodeida province, the sources said. A
Published 21 Jan, 2017 12:00am
Hammond says Britain open to brightest migrants

Hammond says Britain open to brightest migrants

Post-Brexit Britain will keep its doors open to skilled foreigners who attend the best universities, finance minister Philip Hammond said Friday as the country bids to regain control over immigration. Hammond made his assurance at a World Economic Forum p
Published 21 Jan, 2017 12:00am
IS wreaks new destruction in Syria's ancient Palmyra

IS wreaks new destruction in Syria's ancient Palmyra

The Islamic State group has demolished more treasured monuments in Syria's ancient Palmyra, a month after recapturing it from government forces, the country's antiquities chief said Friday. The news is a fresh blow for the UNESCO World Heritage site, whic
Published 21 Jan, 2017 12:00am
Massive Antarctic ice shelf ready to break apart

Massive Antarctic ice shelf ready to break apart

A chunk of ice half the size of Jamaica which is breaking away from West Antarctica is now attached to its parent ice shelf just by a thread, scientists reported Friday. Covering 5,000 square kilometres (1,900 square miles) and nearly 100 storeys deep, th
Published 21 Jan, 2017 12:00am
Eight survivors found in Italy avalanche hotel miracle

Eight survivors found in Italy avalanche hotel miracle

Two young children were among eight people pulled alive Friday from the ruins of an Italian mountain hotel, nearly two days after it was buried under a devastating avalanche. The rescues raised hopes of finding more survivors with efforts under way to loc
Published 21 Jan, 2017 12:00am
Hopes fading for trapped Iran firefighters

Hopes fading for trapped Iran firefighters

Iranian officials said Friday they were losing hope of pulling any survivors from the rubble of a collapsed Tehran high-rise where around 20 firefighters are feared to have lost their lives. Rescue workers, soldiers and sniffer dogs were still frantically
Published 21 Jan, 2017 12:00am
Barca end Sociedad hoodoo, Atletico cruise

Barca end Sociedad hoodoo, Atletico cruise

Barcelona ended a decade-long drought without winning away to Real Sociedad on Thursday as Neymar's first-half penalty handed the Spanish champions a 1-0 Copa del Rey quarter-final, first leg lead. Atletico Madrid also took a huge step towards the semi-fi
Published 21 Jan, 2017 12:00am
East Timor banned from Asian Cup 2023

East Timor banned from Asian Cup 2023

East Timor has been banned from the Asian Cup in 2023 and fined $76,000 for fielding several Brazilian-born footballers with fake documents, the Asian Football Confederation (AFC) said on Friday.
Published 21 Jan, 2017 12:00am
FIFA bans Bin Hammam aide for life

FIFA bans Bin Hammam aide for life

FIFA's ethics watchdog on Friday slapped a lifetime ban on Najeeb Chirakal, an aide to disgraced ex-Asian football chief Mohamed bin Hammam, over bribery and corruption.
Published 21 Jan, 2017 12:00am
Murray, Federer masterclass wows Aussie Open

Murray, Federer masterclass wows Aussie Open

Andy Murray and Roger Federer put on a masterclass on Friday as they swept into the last 16 of the Australian Open, hoping to take advantage of Novak Djokovic's shock exit. Murray swamped Sam Querrey 6-4, 6-2, 6-4 and Federer humbled Tomas Berdych 6-2, 6-
Published 21 Jan, 2017 12:00am
ESPN drop commentator over Venus 'gorilla' remark

ESPN drop commentator over Venus 'gorilla' remark

US broadcaster ESPN has dropped commentator Doug Adler after he compared Venus Williams to a "gorilla" at the Australian Open - although he insisted the word he used was "guerrilla" ESPN said Adler should have been more careful during his coverage of the
Published 21 Jan, 2017 12:00am
England fined for slow over rate in ODI defeat

England fined for slow over rate in ODI defeat

England have been fined for a slow over rate during the second one-day international against India in Cuttack, the International Cricket Council (ICC) said on Friday. Match referee Andy Pycroft imposed the fine after Eoin Morgan's side was ruled to be one
Published 21 Jan, 2017 12:00am
Sri Lanka back Mathews as captain until 2019 Cup

Sri Lanka back Mathews as captain until 2019 Cup

Sri Lanka Cricket has not lost faith in skipper Angelo Mathews despite the team's test drubbing in South Africa and backed him to continue as captain until the end of the 2019 World Cup in England and Wales. The 3-0 whitewash in South Africa triggered spe
Published 21 Jan, 2017 12:00am
Sarkar lifts Bangladesh as Southee takes five

Sarkar lifts Bangladesh as Southee takes five

Rookie opener Soumya Sarkar led a makeshift Bangladesh to a competitive 289 but New Zealand claimed the honours on day one of the second Test in Christchurch on Friday. "If you can bowl a side out on day one it's a good effort," New Zealand strike bowler
Published 21 Jan, 2017 12:00am
Aussie, kiwi up
Currency

Aussie, kiwi up

The Australian dollar rose again on Friday to hit a near 2-1/2-month high after data showed China's economy expanded at a faster-than-expected pace in the fourth quarter of 2016. China is Australia's No.1 trading partner while the Aussie is often seen as
Published 21 Jan, 2017 12:00am
Pound slides after weak retail sales data
Currency

Pound slides after weak retail sales data

Britain's pound fell on Friday as weak retail sales data capped one of the most turbulent weeks in decades for the currency. Shopping sales saw their biggest fall since April 2012, dropping 1.9 percent month-on-month in December, the official national dat
Published 21 Jan, 2017 12:00am
Sri Lankan rupee up
Currency

Sri Lankan rupee up

The Sri Lankan rupee ended slightly higher on Friday due to dollar selling by exporters in shortened trade, dealers said. Rupee forwards were active, with two-week forwards ending at 150.85/00 per dollar, firmer from Thursday's close of 151.00/10. The spo
Published 21 Jan, 2017 12:00am
Asian currencies rise

Asian currencies rise

Most Asian currencies edged higher on Friday after comments from Federal Reserve Chair Janet Yellen sounded less hawkish than some expected, and as China's fourth-quarter economic growth slightly exceeded expectations. The South Korean won rose 0.7 percen
Published 21 Jan, 2017 12:00am
China money rates fall, yuan flat

China money rates fall, yuan flat

China's primary money rates fell on Friday, but remained elevated, after the central bank provided banks with liquidity support, to help avert a cash crunch before the Lunar New Year. The People's Bank of China said in a statement it would provide liquidi
Published 21 Jan, 2017 12:00am
Dollar holds gains in New York, euro rises
Currency

Dollar holds gains in New York, euro rises

The dollar rose on Thursday against a basket of currencies even though it fell against the euro, as solid labour and housing data backed the case for strong US economic growth. The euro fell early after a press conference from European Central Bank chief
Published 21 Jan, 2017 12:00am
Dollar grinds higher in Europe
Currency

Dollar grinds higher in Europe

The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as US President. The US currency is still up 4 percent against a basket of others since Tru
Published 21 Jan, 2017 12:00am
Dollar dips in Asia

Dollar dips in Asia

The dollar lost momentum on Friday as US Federal Reserve Chair Janet Yellen spoke of a gradual pace of rate hikes and sounded less hawkish than some had expected, while investors braced for US President-elect Donald Trump to be sworn in.
Published 21 Jan, 2017 12:00am
European shares ease ahead of Trump inauguration

European shares ease ahead of Trump inauguration

European shares fell, posting their biggest weekly loss since before Donald Trump won the US presidential election in November, as investors grew cautious before his inauguration. The STOXX 600 closed 0.1 percent lower, marking a five-day loss of almost 1
Published 21 Jan, 2017 12:00am
Southeast Asian stocks sluggish

Southeast Asian stocks sluggish

Southeast Asian stock markets, barring Thailand and Vietnam, were tepid on Friday, as uncertainty over US President-elect Donald Trump's political and economic stance made investors step back from risky assets ahead of his swearing-in ceremony. Early opti
Published 21 Jan, 2017 12:00am
TSX rises

TSX rises

Canada's main stock index edged higher on Thursday, helped by a jump in Canadian Pacific Railway shares on prospects of consolidation in the railroad industry and a rebound of uranium producer Cameco Corp. Canadian Pacific Railway rose nearly 4 percent to
Published 21 Jan, 2017 12:00am
Tokyo stocks rise before Trump inauguration

Tokyo stocks rise before Trump inauguration

Tokyo stocks rose ahead of Donald Trump's inauguration later Friday, but Takata plunged again on fears of a lengthy bankruptcy restructuring. The airbag maker's shares fell nearly 21 percent to close at 567 yen, on the heels of Thursday's 17 percent dive.
Published 21 Jan, 2017 12:00am
China stocks rise

China stocks rise

China stocks ended a volatile week on an upbeat note on Friday, as main indexes rose after data showing faster-than-expected economic growth fuelled blue-chips, while a surge in small-caps erased most of the losses earlier in the week. The blue-chip CSI30
Published 21 Jan, 2017 12:00am
Indian shares slip

Indian shares slip

Indian shares fell 1 percent on Friday to post their first weekly fall in four as Axis Bank slumped after it posted disappointing results, dragging down other lenders. The broader NSE index closed down 1.02 percent at 8349.35, while the benchmark BSE inde
Published 21 Jan, 2017 12:00am
Hong Kong stocks snap three-week winning streak
Currency

Hong Kong stocks snap three-week winning streak

Hong Kong stocks ended a thinly-traded week down and snapped three weeks of gains on Friday, as investors were wary ahead of Donald Trump's inauguration as the 45th US president later in the day.
Published 21 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields surged to two-week highs on Thursday after data showed solid economic growth, a day after Federal Reserve Chair Janet Yellen signalled further interest rate hikes are likely.
Published 21 Jan, 2017 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields surged to two-week highs on Thursday after data showed solid economic growth, a day after Federal Reserve Chair Janet Yellen signalled further interest rate hikes are likely.
Published 21 Jan, 2017 12:00am
Sri Lankan shares end higher

Sri Lankan shares end higher

Sri Lankan stocks closed higher on Friday led by financials, after hitting a more than one-week closing low in the previous session, on increased appetite for risky assets by foreign investors. The Colombo stock index ended up 0.08 percent at 6,169.57, ed
Published 21 Jan, 2017 12:00am
Wall Street falls as investors ready for Trump's inauguration

Wall Street falls as investors ready for Trump's inauguration

US stocks fell on Thursday, continuing to pull back from the post-election rally, on investor caution ahead of Donald Trump's inauguration as president on Friday. The Dow fell for a fifth straight day, its longest losing streak since just before the Novem
Published 21 Jan, 2017 12:00am
Friday's early trade: stocks rise as Trump inauguration kicks off

Friday's early trade: stocks rise as Trump inauguration kicks off

US stocks rose amid gains across sectors on Friday as Donald Trump gets set to become the 45th president of the United States. Trump will be sworn in by US Supreme Court Chief Justice John Roberts in Washington. Investors will focus on Trump's inaugural s
Published 21 Jan, 2017 12:00am
German bond yields hit one-month high
Currency

German bond yields hit one-month high

Eurozone government bond yields hit one-month highs on Friday as investors, looking ahead to Donald Trump's presidency, focused on prospects of stronger economic growth and higher inflation.
Published 21 Jan, 2017 12:00am
German bond yields hit one-month high
Currency

German bond yields hit one-month high

Eurozone government bond yields hit one-month highs on Friday as investors, looking ahead to Donald Trump's presidency, focused on prospects of stronger economic growth and higher inflation.
Published 21 Jan, 2017 12:00am
Australian, New Zealand shares decline

Australian, New Zealand shares decline

Australian shares ended lower on Friday, mirroring Wall Street, with financials and materials draging the index as investors turned cautious ahead of Donald Trump's inauguration as president. The S&P/ASX 200 index ended 0.7 percent or 37.38 points lower t
Published 21 Jan, 2017 12:00am
Chinese growth slows in 2016 with outlook uncertain
Currency

Chinese growth slows in 2016 with outlook uncertain

Chinese growth hit its weakest rate for more than a quarter-century last year but while Friday's data pointed to stability in the world's number two economy, Beijing faces an uncertain outlook that could see a trade stand-off with Donald Trump.
Published 21 Jan, 2017 12:00am
Fears of economic 'race to bottom', strong dollar in Davos
Currency

Fears of economic 'race to bottom', strong dollar in Davos

A strengthening dollar and a "race to the bottom" on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum in Davos.
Published 21 Jan, 2017 12:00am
Japan department store sales hit 36-year low in 2016

Japan department store sales hit 36-year low in 2016

Japan's department store sales fell to their lowest in nearly four decades in 2016, data showed on Friday, underscoring the fragile nature of the country's economic recovery. Sales of clothing were sluggish as Japanese consumers tightened their purse stri
Published 21 Jan, 2017 12:00am
UK retail sales in shock slump

UK retail sales in shock slump

British retail sales unexpectedly slumped 1.9 percent in December from the previous month, sending the pound sliding as Friday's official data fed into fresh worries over Brexit.
Published 21 Jan, 2017 12:00am
Netherlands hits bumper agriculture exports in 2016

Netherlands hits bumper agriculture exports in 2016

Dutch agricultural exports set a new record in 2016 at almost 94 billion euros ($100 billion), ensuring the tiny country remains the world's number two exporter of such goods after the United States.
Published 21 Jan, 2017 12:00am
Sri Lanka's airline sell-off stalls

Sri Lanka's airline sell-off stalls

Sri Lanka has failed to attract bids from international airlines to privatise its loss-making flag carrier, but will continue its efforts to salvage the company, a minister said Friday. The government received nine offers for Sri Lankan but none were from
Published 21 Jan, 2017 12:00am
Farmers' reticence poses threat to USDA data objectivity

Farmers' reticence poses threat to USDA data objectivity

Record-low responses from farmers to surveys threaten the US Department of Agriculture's status as the gold standard in crop data collection and potentially open up trading advantages to big firms, the agency's chief economist said on Thursday.
Published 21 Jan, 2017 12:00am
Malawi hit by armyworm outbreak, threatens maize crop

Malawi hit by armyworm outbreak, threatens maize crop

Malawi, which was hit by a crippling drought last year, has become the third southern African nation to report an outbreak of armyworms, a voracious pest that devours maize and other crops. "We have a reported invasion this week but we are confident in de
Published 21 Jan, 2017 12:00am
Gold dips in Europe

Gold dips in Europe

Gold prices dipped on Friday as investors expect US President-elect Donald Trump to calm markets with a return to conciliatory language in his inaugural address. If Trump repeats the reassuring tone taken immediately after the election in November there w
Published 21 Jan, 2017 12:00am
Gold steadies in Asia

Gold steadies in Asia

Gold prices held steady on Friday and were on track for their fourth weekly gain in a row, buoyed by a weaker dollar ahead of the inauguration of US President-elect Donald Trump later in the day. Spot gold was up 0.1 percent at $1,206.26 per ounce by 0550
Published 21 Jan, 2017 12:00am
Gold rises in New York

Gold rises in New York

Gold steadied on Thursday, giving up earlier losses as the dollar and US bond yields pared gains, following earlier pressure from strong US economic data and support from Federal Reserve Chair Janet Yellen for higher US interest rates.
Published 21 Jan, 2017 12:00am
Palm oil falls on narrow spread with soya, weaker Dalian

Palm oil falls on narrow spread with soya, weaker Dalian

Malaysian palm oil futures declined nearly 1 percent on Friday, charting a third day of losses, as its spread with rival oilseed soya narrowed and on weaker related oils on China's Dalian Commodity Exchange, said traders.
Published 21 Jan, 2017 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures ended down 4.3 percent on Friday, coming under pressure from a plunge in Shanghai futures, following the news of a Thai government plan to sell the commodity from stockpiles to ease supply shortages.
Published 21 Jan, 2017 12:00am
Shanghai copper slips

Shanghai copper slips

The most-traded March copper contract on the Shanghai Futures Exchange fell 1.1 percent to 46,080 yuan ($6,705) a tonne on Friday as investors exercised caution ahead of US President-elect Donald Trump's inauguration, looking past data that showed China's
Published 21 Jan, 2017 12:00am
Cotton hits one-week high ahead of exports data
Cotton

Cotton hits one-week high ahead of exports data

ICE cotton futures rose in thin volume trading to hit a one week high on Thursday, ahead of the US export sales data due tomorrow. The March cotton contract on ICE Futures US touched a session high of 73.29 cents a lb, a peak since January 12. "The volum
Published 21 Jan, 2017 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh dropped slightly at the weekly auction on Tuesday amid large supplies of inferior-quality leaf, but strong demand for quality leaf capped a steeper decline. Bangladeshi tea fetched an average of 167.5 taka ($2.13) per kg at the au
Published 21 Jan, 2017 12:00am
Lean business activity seen on cotton market
Cotton

Lean business activity seen on cotton market

Prices maintained firm posture on the cotton market on Friday in the process of slow business activity, dealers said. The official spot rate was unchanged at Rs 6450, dealers said. In Sindh, seed cotton prices were higher at Rs 3100-3350, they said. In Pu
Published 21 Jan, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 129,510 tonnes of cargo comprising 101,138 tonnes of import cargo and 28,372 tonnes of export cargo including 5,647 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 21 Jan, 2017 12:00am
US natural gas futures hit one-week low on warmer weather

US natural gas futures hit one-week low on warmer weather

US natural gas futures slipped over three percent to hit a one-week low on Wednesday as forecasts for warmer weather for much of the rest of the winter offset expectations for colder temperatures at the end of January.
Published 21 Jan, 2017 12:00am
US FOB Gulf corn offers mixed

US FOB Gulf corn offers mixed

Export premiums for corn shipped from the US Gulf Coast were mixed on Wednesday, with nearby offers supported by tight export loading capacity and rising CIF barge basis values, traders said. Spot CIF corn barge bids climbed to the highest point in 4-1/2
Published 21 Jan, 2017 12:00am
US Midwest corn, soya bids lower

US Midwest corn, soya bids lower

Spot basis bids for corn and soyabeans at elevators and processors at US Midwest river terminals were steady to lower on Wednesday, pressured by an abundance of both crops, said dealers.Farmers actively sold grain after profit-taking dropped Chicago Board
Published 21 Jan, 2017 12:00am
Indonesia's December palm oil output likely to fall

Indonesia's December palm oil output likely to fall

Indonesia's crude palm oil (CPO) output likely fell slightly in December, ending a seven-month run of gains in the world's top producer of the commodity used in everything from chocolate to biofuels, a Reuters survey showed.
Published 21 Jan, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

Thursday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,100. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 5.57 billion and the number of lots traded was 11,303. Major business was contributed by curr
Published 21 Jan, 2017 12:00am
Message from Chief Minister Sindh

Message from Chief Minister Sindh

With 40% of the population of Sindh directly involved in agriculture, which in turn contributes approximately 20% to our GDP, it is easy to see why it is vital that we promote, modernise and grow this crucial sector of the provincial economy. It is for th
Published 21 Jan, 2017 12:00am
Message from Minister for Livestock and Fisheries, Government of Sindh

Message from Minister for Livestock and Fisheries, Government of Sindh

It gives me immense pleasure to appreciate the efforts taken by the Sindh Board of Investment in providing investment facilitation to emerging entrepreneurs and on organising the 6th annual Livestock, Dairy, Fisheries, Poultry & Agriculture Exhibition & S
Published 21 Jan, 2017 12:00am
Message from Vice Chancellor Sindh Agriculture University, Tando Jam

Message from Vice Chancellor Sindh Agriculture University, Tando Jam

It is a matter of great pleasure and honour for me personally, and for the university faculty and administration, to host this mega event "Exhibition and Conference on Livestock, Dairy, Fisheries, Poultry, and Agriculture" at Sindh Agriculture University.
Published 21 Jan, 2017 12:00am
Message from Secretary Agriculture Department Government of Sindh

Message from Secretary Agriculture Department Government of Sindh

I would like to express my thanks to the management of Sindh Board of Investment, in particular to Ms NaheedMemon, chairperson, and Mehboob ul Haq, CEO Sindh Enterprise Development Fund, for organising the 6th edition of the Livestock, Dairy, Fisheries, P
Published 21 Jan, 2017 12:00am
Message from Commissioner, Hyderabad Division

Message from Commissioner, Hyderabad Division

With immense pleasure I would like to congratulate all officers and staff of Sindh Enterprise Development Fund, Sind Board of Investment, Agriculture and Livestock Department Government of Sindh for organising 6th edition of Livestock Dairy Fisheries Agri
Published 21 Jan, 2017 12:00am
Message from DG SBI

Message from DG SBI

Our 40 % of population is directly dependent on agriculture and agricultural economy. In order to bring betterment in the lives of this 40 % of population, we have to provide them with advanced education and technical knowledge of their field(s).
Published 21 Jan, 2017 12:00am
Message from Chief Executive Officer Sindh Enterprise Development Fund

Message from Chief Executive Officer Sindh Enterprise Development Fund

The Agriculture-base that Allah has blessed Sindh with provides a unique opportunity to become the food basket for the Middle-East. SEDF aims to enable enterprises to enhance their operational efficiency and drastically improve quality of produce to meet
Published 21 Jan, 2017 12:00am
Message from (C.O.O.) Badar Expo Solutions (BXSS)

Message from (C.O.O.) Badar Expo Solutions (BXSS)

It is a matter of great pride for me and for the entire team of Badar Expo Solutions (BXSS) to manage yet another series of LDFA Exhibition and Seminar, an iconic event by Sind Enterprise Development Fund (SEDF) and Sind Board of Investment (SBI).
Published 21 Jan, 2017 12:00am
Karachi Chronicle: Art and pseudo critic

Karachi Chronicle: Art and pseudo critic

In the Muslim world the artist and the pseudo critic do not share the same outlook on life. An artist is someone who produces works of beauty such as paintings and sculptures, while a pseudo the critic is largely a bigot: someone who is persistently preju
Published 21 Jan, 2017 12:00am
European free travel dream stymied by persistence of border controls

European free travel dream stymied by persistence of border controls

Travel within the European Union is supposed to be control-free. But, amid security concerns and the refugee crisis, here and there controls are being reinstated on some of the EU member states' borders. Are the times of free, unrestricted travel in Europ
Published 21 Jan, 2017 12:00am
Obama's grace under pressure made lasting impact on African-Americans

Obama's grace under pressure made lasting impact on African-Americans

As Barack Obama prepares to leave the White House, the first black president's legacy is secure with his fellow African-Americans. "He's had some ups and downs," said 17-year-old Brendan McCrae, "but I feel like he's been a pretty great president."
Published 21 Jan, 2017 12:00am
Art Facts: Intimate encounters...

Art Facts: Intimate encounters...

The miniature painting is a cultural traditional work of art for us but it is also seen throughout the world in various other cultures. It is an immemorial style of art in our history and is famous for its meticulous and detailed work. This art form conti
Published 21 Jan, 2017 12:00am
Audiobooks see boom in digital, multitasking age

Audiobooks see boom in digital, multitasking age

Curling up with a paperback may be a forgotten luxury for many thanks to today's busy lifestyles, but listening to a book on the go, while shopping or jogging, is fast becoming the new norm.
Published 21 Jan, 2017 12:00am
Russia's Vavilov institute, guardian of world's lost plants

Russia's Vavilov institute, guardian of world's lost plants

Stacked high beneath vaulted ceilings in a tsarist-era building, cabinets store the seeds of thousands of plant varieties, many long gone from their original areas of habitat or cultivation. Staff in white lab coats carefully ensure other samples in the u
Published 21 Jan, 2017 12:00am
Australian town just can't help falling in love with Elvis

Australian town just can't help falling in love with Elvis

The train station was full ... that much was normal for Sydney's Central Station at 7 am on a Thursday. But the platforms weren't packed with people in business suits on their way to work. Instead, men wore shiny jumpsuits and had quiffy wigs with long si
Published 21 Jan, 2017 12:00am
Revenge of the female horror filmmaker

Revenge of the female horror filmmaker

Spine-tingling teaser footage for "The Bye Bye Man" has delighted fans of horror with its offering of all the delicious tropes of a great spooky story. Its trailers have been serving up a bloodcurdling blend of slash, splatter, jump scares, terrified teen
Published 21 Jan, 2017 12:00am
Russian 71-year-old modelling for a glossy magazine!

Russian 71-year-old modelling for a glossy magazine!

In Russia, elderly women are usually expected to forget about fashion and watch their grandchildren. Not 71-year-old Olga Kondrasheva, who is fighting stereotypes by modelling for a glossy magazine.
Published 21 Jan, 2017 12:00am
Reese Witherspoon says 'things have to change' for Hollywood women

Reese Witherspoon says 'things have to change' for Hollywood women

Reese Witherspoon, fed up with Hollywood gender bias, is calling for an end to the practice of handing excellent actresses only "thankless roles." "I've just had enough. Things have to change," Witherspoon said Saturday during a press event in Pasadena, C
Published 21 Jan, 2017 12:00am
Bridge notes: 'Is it safe?'

Bridge notes: 'Is it safe?'

In Bridge many a time an average player feels let down when, playing a contract the cards don't favour him the way he wants. He is further aggravated when the same contract at the other table sails home on almost the same opening lead. The declarer at the
Published 21 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 Jan, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 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 21 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 21 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 Friday (January 20, 2017).

Published 21 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 Friday (January 20, 2017).

Published 21 Jan, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (January 20, 2017).
Published 21 Jan, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (January 20, 2017).

Published 21 Jan, 2017 12:00am
'America First'

'America First'

Donald Trump took power as the 45th president of the United States on Friday and pledged to end the "American carnage" of social and economic woes in an inaugural address that was a populist and nationalist rallying cry. Sketching a bleak vision of a coun
Published 21 Jan, 2017 12:00am
'America First'

'America First'

Donald Trump took power as the 45th president of the United States on Friday and pledged to end the "American carnage" of social and economic woes in an inaugural address that was a populist and nationalist rallying cry. Sketching a bleak vision of a coun
Published 21 Jan, 2017 12:00am
Mexican drug lord 'El Chapo' pleads not guilty in US

Mexican drug lord 'El Chapo' pleads not guilty in US

Mexican drug lord Joaquin "El Chapo" Guzman, one of the world's most notorious criminals, pleaded not guilty Friday to multiple drug trafficking, firearms and conspiracy charges in a US court. The 59-year-old drug baron, who has twice escaped from jail in
Published 21 Jan, 2017 12:00am
Previous Day