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Archive - 2017-01-25
BP forecasts slowdown in oil demand growth
Front Top News

BP forecasts slowdown in oil demand growth

LONDON: World oil demand growth will slow gradually over the next two decades, British energy giant BP forecast Wednesday in its annual outlook for the industry.
Published 25 Jan, 2017 06:17pm
Finalists named to lead under-fire WHO
Europe

Finalists named to lead under-fire WHO

GENEVA: The World Health Organization on Wednesday picked three finalists for the role of its next director-general, a high-stakes choice for the powerful agency described as facing an "existential crisis".
Published 25 Jan, 2017 06:12pm
Trump set to move on Mexican border wall
World Top News

Trump set to move on Mexican border wall

WASHINGTON: US President Donald Trump will take a first step toward fulfilling his pledge to "build a wall" on the Mexican border Wednesday, as he rolls out a series of immigration-related decrees.
Published 25 Jan, 2017 06:09pm
'La La Land' and black actors score big with Oscar nods
Arts

'La La Land' and black actors score big with Oscar nods

%D%ALOS ANGELES: Romantic showbiz musical "La La Land" topped the Oscars nominations list on Tuesday with a whopping 14 nods, tying an all-time record, as black actors were honored in all acting categories for the first time.
Published 25 Jan, 2017 02:59pm
PTI failed to produce single evidence in Panama case: Saad
World Top News

PTI failed to produce single evidence in Panama case: Saad

ISLAMABAD: Minister for Railways Khawaja Saad Rafique on Wednesday said that Pakistan Tehreek-i-Insaf (PTI) had failed to produce any evidence in support of its allegations in Panama Papers case.
Published 25 Jan, 2017 01:37pm
PTI chief hurling baseless allegations against Maryam: Minister
Pakistan Top News

PTI chief hurling baseless allegations against Maryam: Minister

ISLAMABAD: Minister of State for Information, Broadcasting and National Heritage Marriyum Aurangzeb Wednesday said Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan should make preparations for general election scheduled to be held next year instead of le
Published 25 Jan, 2017 01:18pm
Stock markets climb as Trump fears ease
Financial

Stock markets climb as Trump fears ease

LONDON: Asian and European markets pushed higher Wednesday, tracking a record close on Wall Street as investor concerns eased over Donald Trump's lack of domestic policies.
Published 25 Jan, 2017 01:06pm
Modi vows to work closely with US after Trump invite
Front Top News

Modi vows to work closely with US after Trump invite

NEW DELHI: Indian Prime Minister Narendra Modi pledged Wednesday to work closely with Donald Trump after the new US president invited him to Washington, looking to ensure an upturn in ties survives a change at the White House.
Published 25 Jan, 2017 12:13pm
Nadal masters Raonic to reach Open semis
Sports

Nadal masters Raonic to reach Open semis

MELBOURNE: Rafael Nadal claimed a dominant straight-sets win over world number three Milos Raonic to advance to the semi-finals at the Australian Open on Wednesday.
Published 25 Jan, 2017 12:04pm
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed lower on Wednesday having 49756.
Published 25 Jan, 2017 11:00am
Talking trade numbers
Miscellaneous

Talking trade numbers

Once again, exports offer no reprieve with most export items registering a decline in the first half of FY17.
Published 25 Jan, 2017 10:28am
Panama suspends Panama Papers probe
World Top News

Panama suspends Panama Papers probe

PANAMA CITY: Panama is suspending its probe into the Panama Papers, the leak of a legal firm's files on clients who stored assets in opaque offshore companies, prosecutors said Tuesday.
Published 25 Jan, 2017 10:21am
Altered Context by Anthony Samaniego
Featured Photos

Altered Context by Anthony Samaniego

Photo Credit: Anthony Samaniego%Dnthony Samaniego is a talented photographer and visual artist based in Los Angeles, California.
Published 25 Jan, 2017 09:27am
Fine Dining In Voyeurism by Anastasiia Chorna
Featured Photos

Fine Dining In Voyeurism by Anastasiia Chorna

Photo Credit: Anastasiia Chorna%D%AYoung artist from Ukraine, was born and raised in Odessa in 1991, the year communism was abolished.
Published 25 Jan, 2017 09:23am
Hope Town by Davey Gravy
Featured Photos

Hope Town by Davey Gravy

Photo Credit: Davey Gravy %Davey Gravy is a talented self-taught photographer, filmmaker, painter and artist based in Calgary, Alberta, Canada.
Published 25 Jan, 2017 09:18am
The Golden Trail by Dylan Schwartz
Featured Photos

The Golden Trail by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz is a superb talented art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi.
Published 25 Jan, 2017 09:15am
Descending Horizons by Dylan Schwartz
Featured Photos

Descending Horizons by Dylan Schwartz

Photo Credit: Dylan Schwartz%Dylan Schwartz is a superb talented art director, designer, filmmaker and photographer from Los Angeles, who currently works at Saatchi & Saatchi.
Published 25 Jan, 2017 09:13am
Tasteful Silhouettes by Christopher Markisz
Featured Photos

Tasteful Silhouettes by Christopher Markisz

Photo Credit: Christopher Markisz%Dhristopher Markisz aka Dub Sonata is a talented self-taught photographer, musician and songwriter from Oakland, who is currently based in New York City.
Published 25 Jan, 2017 09:09am
The Sun Of Laos by Christopher Markisz
Featured Photos

The Sun Of Laos by Christopher Markisz

Photo Credit: Christopher Markisz%Dhristopher Markisz aka Dub Sonata is a talented self-taught photographer, musician and songwriter from Oakland, who is currently based in New York City.
Published 25 Jan, 2017 09:07am
The Drum Thing : Horseface by Deirdre O'Callagham
Featured Photos

The Drum Thing : Horseface by Deirdre O'Callagham

Photo Credit: Deirdre O'Callaghan%Deirdre OCallaghan is a talented freelance photographer and musical artist, who was born in 1970 in County Cork, Ireland, lived in London and currently resides in Santa Monica, California.
Published 25 Jan, 2017 09:03am
Brazen Arrival by Andreas Levers
Featured Photos

Brazen Arrival by Andreas Levers

Photo Credit: Andreas Levers%Dndreas Levers aka 96dpi is a talented self-taught photographer and media designer from Ahaus, who currently lives and works in Potsdam, Germany.
Published 25 Jan, 2017 08:59am
Investment Corp of Dubai sets IPTs for 10-year dollar sukuk
Financial

Investment Corp of Dubai sets IPTs for 10-year dollar sukuk

DUBAI: Investment Corp of Dubai (ICD), the Dubai government's main investment arm, set initial price thoughts for a 10-year US dollar sukuk issue in the area of 290 basis points over mid-swaps, a document from arrangers showed on Wednesday.
Published 25 Jan, 2017 08:16am
Lehmann calls for Pietersen BBL sacking
Cricket

Lehmann calls for Pietersen BBL sacking

SYDNEY: Australia's national coach Darren Lehmann has blasted Kevin Pietersen's performance in the Twenty20 Big Bash League (BBL), saying he should be dumped, after his Melbourne Stars team lost in the semi-final.
Published 25 Jan, 2017 08:06am
Dimitrov downs Goffin to reach semis
Sports

Dimitrov downs Goffin to reach semis

MELBOURNE: Bulgarian Grigor Dimitrov reached his first Australian Open semi-final with a straight-sets win over Belgian David Goffin on Wednesday.
Published 25 Jan, 2017 07:50am
Trump invites Modi to US
Front Top News

Trump invites Modi to US

WASHINGTON: President Donald Trump will host Indian Prime Minister Narendra Modi in the United States later this year, the White House said after the pair spoke by phone Tuesday.
Published 25 Jan, 2017 07:44am
China cracks down on local VPN users
Technology

China cracks down on local VPN users

In an attempt to curb cyber terrorism, China has decided to after unauthorized internet connection that bypass the governments security protocol majorly inclusive of all VPNs (Virtual Private Networks) in efforts to controlling the web.%D%A%D%A
Published 25 Jan, 2017 07:43am
May meets Trump with eye on Brexit future
Europe

May meets Trump with eye on Brexit future

LONDON: Britain's Prime Minister Theresa May will this week be the first foreign leader to meet with Donald Trump since his inauguration, aiming to discuss a key post-Brexit trade deal with the US.
Published 25 Jan, 2017 07:18am
Trump to unveil immigration, visa restrictions
Front Top News

Trump to unveil immigration, visa restrictions

WASHINGTON: President Donald Trump will sign executive orders starting Wednesday restricting refugees, visas and immigration, making good on his signature campaign pledges, US media reported.
Published 25 Jan, 2017 07:15am
BHP hits record iron ore output amid price surge
Industry

BHP hits record iron ore output amid price surge

SYDNEY: BHP Billiton Wednesday said it reached record Australian iron ore production in the last six months of 2016, allowing the world's largest miner to benefit from the recent price surge.
Published 25 Jan, 2017 07:08am
Millions travel for China's Lunar New Year festival
Asia

Millions travel for China's Lunar New Year festival

BEIJING: Thousands of people wearing thick coats and clutching suitcases line up in freezing conditions at Beijing Railway Station in the hope of snagging a ticket home for China's Lunar New Year.
Published 25 Jan, 2017 07:05am
'Pure ecstasy' for tearful Lucic-Baroni
Sports

'Pure ecstasy' for tearful Lucic-Baroni

MELBOURNE: Courageous Mirjana Lucic-Baroni wept tears of joy Wednesday as she described making her first Grand Slam semi-final since Wimbledon in 1999 as "pure ecstasy".
Published 25 Jan, 2017 06:58am
SECP raises the alarm about stock market surge
Business & Economy

SECP raises the alarm about stock market surge

SOHAIL SARFRAZ%D%AISLAMABAD: As the stock market crossed 50,000-point level during the trading activity on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi has warned the investors and general pubic to remain cautious a
Published 25 Jan, 2017 06:56am
Azhar reveals cause of Pakistan failure
Cricket

Azhar reveals cause of Pakistan failure

Pakistan embattled One Day International (ODI) skipper, Azhar Ali has admitted that his side performed below par against Australia, as the visitors lost both the Test and ODI series during the tour Down Under.
Published 25 Jan, 2017 06:54am
SBP initiates annual foreign investment survey
Top News

SBP initiates annual foreign investment survey

RIZWAN BHATTI%D%AKARACHI: The State Bank of Pakistan (SBP) has initiated annual foreign investment survey to collect data on foreign assets and liabilities of companies/enterprises operating in Pakistan.
Published 25 Jan, 2017 06:50am
JDW's sweet 1Q
Miscellaneous

JDW's sweet 1Q

For the first quarter ended December 2016, JDW Sugar Mills (PSX: JDWS) performance has been phenomenal.
Published 25 Jan, 2017 06:35am
SECP raises the alarm about stock market surge

SECP raises the alarm about stock market surge

As the stock market crossed 50,000-point level during the trading activity on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi has warned the investors and general pubic to remain cautious and avoid advice of manipulato
Published 25 Jan, 2017 12:00am
SECP raises the alarm about stock market surge

SECP raises the alarm about stock market surge

As the stock market crossed 50,000-point level during the trading activity on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi has warned the investors and general pubic to remain cautious and avoid advice of manipulato
Published 25 Jan, 2017 12:00am
SECP raises the alarm about stock market surge

SECP raises the alarm about stock market surge

As the stock market crossed 50,000-point level during the trading activity on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi has warned the investors and general pubic to remain cautious and avoid advice of manipulato
Published 25 Jan, 2017 12:00am
Maryam has nothing to do with Mayfair properties: counsel

Maryam has nothing to do with Mayfair properties: counsel

Submitting a reply in the Panamagate case before the Supreme Court on Tuesday, the counsel for Prime Minister's daughter Maryam Nawaz said that his client has nothing to do with the Mayfair properties in London. Appearing before a five-member larger bench
Published 25 Jan, 2017 12:00am
Maryam has nothing to do with Mayfair properties: counsel

Maryam has nothing to do with Mayfair properties: counsel

Submitting a reply in the Panamagate case before the Supreme Court on Tuesday, the counsel for Prime Minister's daughter Maryam Nawaz said that his client has nothing to do with the Mayfair properties in London. Appearing before a five-member larger bench
Published 25 Jan, 2017 12:00am
Pakistanis' investment abroad

Pakistanis' investment abroad

The Securities and Exchange Commission of Pakistan (SECP) strongly supports a scheme to bring back foreign investment made by Pakistanis aboard. Talking to media here on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi
Published 25 Jan, 2017 12:00am
Pakistanis' investment abroad

Pakistanis' investment abroad

The Securities and Exchange Commission of Pakistan (SECP) strongly supports a scheme to bring back foreign investment made by Pakistanis aboard. Talking to media here on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi
Published 25 Jan, 2017 12:00am
Pakistanis'' investment abroad

Pakistanis'' investment abroad

The Securities and Exchange Commission of Pakistan (SECP) strongly supports a scheme to bring back foreign investment made by Pakistanis aboard. Talking to media here on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi
Published 25 Jan, 2017 12:00am
Pakistanis'''' investment abroad

Pakistanis'''' investment abroad

The Securities and Exchange Commission of Pakistan (SECP) strongly supports a scheme to bring back foreign investment made by Pakistanis aboard. Talking to media here on Tuesday, Chairman Securities and Exchange Commission of Pakistan (SECP) Zafar Hijazi
Published 25 Jan, 2017 12:00am
Selling pressure sets in

Selling pressure sets in

Pakistan Stock Exchange (PSX) on Tuesday crossed 50,000 points historic level to hit 50,056.72 points intra-day high level, however, selling pressure in certain sectors pushed the index into negative zone at 49,629.40 points intra-day low. The index close
Published 25 Jan, 2017 12:00am
Selling pressure sets in

Selling pressure sets in

Pakistan Stock Exchange (PSX) on Tuesday crossed 50,000 points historic level to hit 50,056.72 points intra-day high level, however, selling pressure in certain sectors pushed the index into negative zone at 49,629.40 points intra-day low. The index close
Published 25 Jan, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Jan, 2017 12:00am
Selling pressure sets in

Selling pressure sets in

Pakistan Stock Exchange (PSX) on Tuesday crossed 50,000 points historic level to hit 50,056.72 points intra-day high level, however, selling pressure in certain sectors pushed the index into negative zone at 49,629.40 points intra-day low. The index close
Published 25 Jan, 2017 12:00am
BRIndex30 loses 101.2 points

BRIndex30 loses 101.2 points

On Tuesday, BRIndex30 opened at 28,540.31 points. It touched an intraday high of 28,660.39 points and an intraday low of 28,391.30 points and closed at 28,439.11 points which was -101.2 points or -0.35 percent lower than previous close. Total volume was 2
Published 25 Jan, 2017 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Jan, 2017 12:00am
BRIndex30 loses 101.2 points

BRIndex30 loses 101.2 points

On Tuesday, BRIndex30 opened at 28,540.31 points. It touched an intraday high of 28,660.39 points and an intraday low of 28,391.30 points and closed at 28,439.11 points which was -101.2 points or -0.35 percent lower than previous close. Total volume was 2
Published 25 Jan, 2017 12:00am
Pakistan conducts successful test of SSM 'Ababeel'

Pakistan conducts successful test of SSM 'Ababeel'

Pakistan Tuesday conducted first successful flight test of Surface-to-Surface Ballistic Missile (SSM) "Ababeel" with a maximum rage of 2200km. The missile is capable of delivering multiple warheads, using Multiple Independent Re-entry Vehicle (MIRV) techn
Published 25 Jan, 2017 12:00am
Pakistan conducts successful test of SSM 'Ababeel'

Pakistan conducts successful test of SSM 'Ababeel'

Pakistan Tuesday conducted first successful flight test of Surface-to-Surface Ballistic Missile (SSM) "Ababeel" with a maximum rage of 2200km. The missile is capable of delivering multiple warheads, using Multiple Independent Re-entry Vehicle (MIRV) techn
Published 25 Jan, 2017 12:00am
Duty drawback of taxes allowed for exporters

Duty drawback of taxes allowed for exporters

Ministry of Textile Industry has allowed duty drawback of taxes collected from garments, home textiles, processed fabric, greige fabric and yarn manufacturing-cum-exporters units under the prime minister's package of incentives for exporters. The duty dra
Published 25 Jan, 2017 12:00am
Duty drawback of taxes allowed for exporters

Duty drawback of taxes allowed for exporters

Ministry of Textile Industry has allowed duty drawback of taxes collected from garments, home textiles, processed fabric, greige fabric and yarn manufacturing-cum-exporters units under the prime minister's package of incentives for exporters. The duty dra
Published 25 Jan, 2017 12:00am
Duty drawback of taxes allowed for exporters

Duty drawback of taxes allowed for exporters

Ministry of Textile Industry has allowed duty drawback of taxes collected from garments, home textiles, processed fabric, greige fabric and yarn manufacturing-cum-exporters units under the prime minister''s package of incentives for exporters. The duty dr
Published 25 Jan, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
Duty drawback of taxes allowed for exporters

Duty drawback of taxes allowed for exporters

Ministry of Textile Industry has allowed duty drawback of taxes collected from garments, home textiles, processed fabric, greige fabric and yarn manufacturing-cum-exporters units under the prime minister''''s package of incentives for exporters. The duty
Published 25 Jan, 2017 12:00am
MoC seeks to amend gold entrustment scheme

MoC seeks to amend gold entrustment scheme

The Ministry of Commerce is reportedly finding out a viable way to amend gold entrustment scheme aimed at easing import of gold and export of jewellery on industrial demand but the State Bank of Pakistan (SBP) is unwilling to alter prevalent criteria, wel
Published 25 Jan, 2017 12:00am
MoC seeks to amend gold entrustment scheme

MoC seeks to amend gold entrustment scheme

The Ministry of Commerce is reportedly finding out a viable way to amend gold entrustment scheme aimed at easing import of gold and export of jewellery on industrial demand but the State Bank of Pakistan (SBP) is unwilling to alter prevalent criteria, wel
Published 25 Jan, 2017 12:00am
MoC seeks to amend gold entrustment scheme

MoC seeks to amend gold entrustment scheme

The Ministry of Commerce is reportedly finding out a viable way to amend gold entrustment scheme aimed at easing import of gold and export of jewellery on industrial demand but the State Bank of Pakistan (SBP) is unwilling to alter prevalent criteria, wel
Published 25 Jan, 2017 12:00am
Judges rule UK parliament must approve start of Brexit

Judges rule UK parliament must approve start of Brexit

The British government must win parliament's approval before starting talks to leave the EU, the Supreme Court ruled Tuesday, in a landmark judgement and setback for Prime Minister Theresa May. The legal case has revived divisions within British society a
Published 25 Jan, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

The rupee held almost overnight levels against the dollar on Tuesday in the process of trading, dealers said. The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively.
Published 25 Jan, 2017 12:00am
Judges rule UK parliament must approve start of Brexit

Judges rule UK parliament must approve start of Brexit

The British government must win parliament's approval before starting talks to leave the EU, the Supreme Court ruled Tuesday, in a landmark judgement and setback for Prime Minister Theresa May. The legal case has revived divisions within British society a
Published 25 Jan, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

The rupee held almost overnight levels against the dollar on Tuesday in the process of trading, dealers said. The rupee was almost unchanged in relation to the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively.
Published 25 Jan, 2017 12:00am
Judges rule UK parliament must approve start of Brexit

Judges rule UK parliament must approve start of Brexit

The British government must win parliament''s approval before starting talks to leave the EU, the Supreme Court ruled Tuesday, in a landmark judgement and setback for Prime Minister Theresa May. The legal case has revived divisions within British society
Published 25 Jan, 2017 12:00am
Judges rule UK parliament must approve start of Brexit

Judges rule UK parliament must approve start of Brexit

The British government must win parliament''''s approval before starting talks to leave the EU, the Supreme Court ruled Tuesday, in a landmark judgement and setback for Prime Minister Theresa May. The legal case has revived divisions within British societ
Published 25 Jan, 2017 12:00am
Bangladesh plants million trees to cut lightning toll

Bangladesh plants million trees to cut lightning toll

Bangladesh has begun planting one million palm trees nation-wide to help prevent hundreds of people being killed by lightning strikes every year, a top official said Tuesday. Authorities last year declared lightning a natural disaster as official tallies
Published 25 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
British PM refuses historic opportunity to address Irish parliament

British PM refuses historic opportunity to address Irish parliament

British Prime Minister Theresa May has turned down a rare invitation to address the Irish parliament during an official visit scheduled for next week, her Irish counterpart Enda Kenny said on Tuesday. "My understanding is that the prime minister's schedul
Published 25 Jan, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
China jails key suspects in vaccine scandal

China jails key suspects in vaccine scandal

China sentenced two key suspects in an out-of-date immunisations scandal, a local court said Tuesday, in a case which fuelled public concern about vaccine safety and sparked outrage about official delays in revealing details. The scandal, which came to li
Published 25 Jan, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
British man gunned down in Thailand hit

British man gunned down in Thailand hit

A British man was gunned down Tuesday after leaving a gym in a Thai beach resort by an assassin who fired a single shot into his victim's head before fleeing, police said. Police in Pattaya, an eastern Thai city renowned for its long beach and seedy night
Published 25 Jan, 2017 12:00am
Europe chokes under freezing smog

Europe chokes under freezing smog

Heavy pollution enveloping much of Europe prompted emergency measures across the continent on Tuesday. A toxic cocktail of extreme cold, no wind and heavy burning of coal and wood for heating has left many regions shrouded in smog. In many countries, incl
Published 25 Jan, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (January 24, 2017)

Published 25 Jan, 2017 12:00am
Mortar attack kills UN peacekeeper in Mali

Mortar attack kills UN peacekeeper in Mali

A mortar attack in restive northern Mali has killed one United Nations peacekeeper and seriously wounded two others in their camp near the Algerian border, the UN said Tuesday. The statement from the UN peacekeeping force MINUSMA on Monday's attack at the
Published 25 Jan, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
Dar for timely execution of sell-off plans

Dar for timely execution of sell-off plans

Finance Minister Ishaq Dar has urged Privatisation Commission for timely completion of privatisation of Pakistan Steel Mills (PSM) and other transactions on the list. Sources said that a meeting on privatisation of state owned entities (SOEs) was chaired
Published 25 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 25 Jan, 2017 12:00am
Duterte blames CIA for botched terror raid

Duterte blames CIA for botched terror raid

Philippine President Rodrigo Duterte said Tuesday the US Central Intelligence Agency secretly orchestrated a botched raid targeting an alleged Islamic terrorist that left 44 Filipino policemen dead two years ago. Police commandos killed Zulkifli Abdhir, w
Published 25 Jan, 2017 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 25 Jan, 2017 12:00am
Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister Muhammad Nawaz Sharif Tuesday said the Pakistan Muslim League was making the real "New Pakistan" by undertaking mega development projects to serve the masses. Addressing a large gathering after inaugurating the Rs 28 billion, 18km long Metr
Published 25 Jan, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister Muhammad Nawaz Sharif Tuesday said the Pakistan Muslim League was making the real "New Pakistan" by undertaking mega development projects to serve the masses. Addressing a large gathering after inaugurating the Rs 28 billion, 18km long Metr
Published 25 Jan, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (January 24, 2017).

Published 25 Jan, 2017 12:00am
Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister inaugurates Rs 28 billion Multan metro bus project

Prime Minister Muhammad Nawaz Sharif Tuesday said the Pakistan Muslim League was making the real "New Pakistan" by undertaking mega development projects to serve the masses. Addressing a large gathering after inaugurating the Rs 28 billion, 18km long Metr
Published 25 Jan, 2017 12:00am
The Weather

The Weather

The weather report on Tuesday (January 24, 2017) and the forecast for Wednesday (January 25, 2017).

Published 25 Jan, 2017 12:00am
Etihad chief to step down as Gulf carrier reviews strategy

Etihad chief to step down as Gulf carrier reviews strategy

Australian James Hogan is to stand down as head of the Etihad Airways group, the company said Tuesday, as the Abu Dhabi-based carrier struggles with investments in European airlines. After piloting the state-owned Gulf airline through more than a decade o
Published 25 Jan, 2017 12:00am
NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

The shareholders of MCB Bank Limited at their extra-ordinary meeting held recently have unanimously approved and adopted the Scheme of Amalgamation of NIB Bank Limited (NIB) with and into MCB by way of amalgamation/merger of NIB with and into MCB through
Published 25 Jan, 2017 12:00am
NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

The shareholders of MCB Bank Limited at their extra-ordinary meeting held recently have unanimously approved and adopted the Scheme of Amalgamation of NIB Bank Limited (NIB) with and into MCB by way of amalgamation/merger of NIB with and into MCB through
Published 25 Jan, 2017 12:00am
NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

NIB acquisition: Scheme of Amalgamation approved by MCB shareholders

The shareholders of MCB Bank Limited at their extra-ordinary meeting held recently have unanimously approved and adopted the Scheme of Amalgamation of NIB Bank Limited (NIB) with and into MCB by way of amalgamation/merger of NIB with and into MCB through
Published 25 Jan, 2017 12:00am
Syria strikes kill 11 fleeing IS town

Syria strikes kill 11 fleeing IS town

At least 11 people, including two children, were killed Tuesday in Syrian government air strikes as they fled a northern town held by the Islamic State group, a monitor said. The Britain-based Syrian Observatory for Human Rights also reported 12 civilians
Published 25 Jan, 2017 12:00am
Syria strikes kill 11 fleeing IS town

Syria strikes kill 11 fleeing IS town

At least 11 people, including two children, were killed Tuesday in Syrian government air strikes as they fled a northern town held by the Islamic State group, a monitor said. The Britain-based Syrian Observatory for Human Rights also reported 12 civilians
Published 25 Jan, 2017 12:00am
SBP initiates annual foreign investment survey

SBP initiates annual foreign investment survey

The State Bank of Pakistan (SBP) has initiated annual foreign investment survey to collect data on foreign assets and liabilities of companies/enterprises operating in Pakistan. According to the SBP, the survey is conducted as part of a global undertaking
Published 25 Jan, 2017 12:00am
SBP initiates annual foreign investment survey

SBP initiates annual foreign investment survey

The State Bank of Pakistan (SBP) has initiated annual foreign investment survey to collect data on foreign assets and liabilities of companies/enterprises operating in Pakistan. According to the SBP, the survey is conducted as part of a global undertaking
Published 25 Jan, 2017 12:00am
SBP initiates annual foreign investment survey

SBP initiates annual foreign investment survey

The State Bank of Pakistan (SBP) has initiated annual foreign investment survey to collect data on foreign assets and liabilities of companies/enterprises operating in Pakistan. According to the SBP, the survey is conducted as part of a global undertaking
Published 25 Jan, 2017 12:00am
India orders probe as fan dies in Shah Rukh Khan stunt

India orders probe as fan dies in Shah Rukh Khan stunt

India launched an investigation Tuesday after a publicity stunt for a new film starring Bollywood superstar Shah Rukh Khan triggered a stampede at a train station, leaving one fan dead. Thousands rushed to a station in India's western Gujarat state to gre
Published 25 Jan, 2017 12:00am
India orders probe as fan dies in Shah Rukh Khan stunt

India orders probe as fan dies in Shah Rukh Khan stunt

India launched an investigation Tuesday after a publicity stunt for a new film starring Bollywood superstar Shah Rukh Khan triggered a stampede at a train station, leaving one fan dead. Thousands rushed to a station in India's western Gujarat state to gre
Published 25 Jan, 2017 12:00am
New ways to finance infrastructure

New ways to finance infrastructure

The Finance Secretary while briefing Federal Finance Minister Ishaq Dar on the status of infrastructure projects highlighted various measures and options for financing projects that are in the pipeline. This prompted the Finance Minister to direct him to
Published 25 Jan, 2017 12:00am
Yet another tragedy at unmanned crossing

Yet another tragedy at unmanned crossing

Once again there was a deadly accident on an unmanned railway level crossing. This past Sunday, six members of a family died as their car was hit by a train. The accident took place some 14 kilometers from Gojra town, and at the level crossing, which was
Published 25 Jan, 2017 12:00am
Asian Century

Asian Century

The high priests of capitalism seem to be in a perpetual state of denial since 2007-08 when the so-called global financial system simply collapsed all of a sudden catching them by surprise. They have since kept refusing to believe that capitalism as they
Published 25 Jan, 2017 12:00am
Pakistan, the two-speed country

Pakistan, the two-speed country

Eight men own same wealth as half the world, resonated in Davos and beyond. Oxfam upended the World Economic Forum, the 'haves' club that represents what the world is turning against - globalisation and elitism. That one caption said more about th
Published 25 Jan, 2017 12:00am
EU security chief issues wake-up call over cyber threats

EU security chief issues wake-up call over cyber threats

EU security commissioner Julian King says Europe faces a growing threat of cyber attacks from criminals and those plotting to destabilise the 28-nation bloc politically. In an interview with AFP, King urged the European Union to shore up its defences in t
Published 25 Jan, 2017 12:00am
Pakistan-Saudi Arabia relations

Pakistan-Saudi Arabia relations

Army chief General Bajwa has rightly reiterated Pakistan's position in relation to its bilateral relationship with Saudi Arabia. According to him, army holds defence of KSA at par with its own. General Bajwa made these remarks at a meeting with Saudi amba
Published 25 Jan, 2017 12:00am
US MIDDAY: gold slips

US MIDDAY: gold slips

Gold fell nearly 1 percent on Tuesday, sliding from a two-month peak as investors took stock of US President Donald Trump's first policy moves and the dollar stabilised after plumbing seven-week lows this week. Trump formally withdrew from the Trans-Pacif
Published 25 Jan, 2017 12:00am
Corn tumbles

Corn tumbles

US corn futures fell nearly 2 percent on Tuesday on a mix of profit-taking after multi-month highs, improving weather in Argentina and uncertainty about how US trade policy will affect grain exports, analysts said. Wheat and soyabeans followed corn lower.
Published 25 Jan, 2017 12:00am
Oil prices rise as OPEC output cuts drain stocks

Oil prices rise as OPEC output cuts drain stocks

Oil prices edged higher on Tuesday ahead of weekly US inventory data on evidence the global market is tightening as lower production by OPEC and other exporters drains stocks. Increased drilling in the United States, however, could keep a lid on prices. B
Published 25 Jan, 2017 12:00am
Punjab PA seeks stringent steps against sellers of unhygienic milk

Punjab PA seeks stringent steps against sellers of unhygienic milk

Punjab Assembly on Tuesday adopted a resolution recommending stringent measures for those selling unhygienic milk in the province. The resolution was moved in the House by legislators Taimour Masud and Rahela Anwar. The session was presided over by Speake
Published 25 Jan, 2017 12:00am
PAT to stage anti-government protests from Friday

PAT to stage anti-government protests from Friday

Pakistan Awami Tehreek (PAT) on Tuesday announced protests against Punjab government over Model Town incident from January 27. Awami Tehreek's Khurram Nawaz Gandapur, in a statement, said that the party will continue its struggle to lead the corrupt ruler
Published 25 Jan, 2017 12:00am
Extensive oil, gas exploration activities begin in Fata

Extensive oil, gas exploration activities begin in Fata

In a bid to achieve self-sufficiency in the energy sector, the government has started extensive oil and gas exploration activities in different parts of the Federally Administered Tribal Areas (Fata). MOL Pakistan, an oil and gas exploration company, has
Published 25 Jan, 2017 12:00am
SC bans sale of substandard ghee, cooking oil at USC

SC bans sale of substandard ghee, cooking oil at USC

Supreme Court (SC) of Pakistan Tuesday banned the sale of substandard cooking oil and ghee at Utility Stores Corporation until the quality report comes in hearing of the suo motu case. SC has said that subnormal cooking oil and ghee become a cause of hear
Published 25 Jan, 2017 12:00am
Karachi's Frere Hall turns into dumping yard

Karachi's Frere Hall turns into dumping yard

Foodies at three-day long Karachi Eat festival that culminated in Frere Hall on Monday, have left behind piles of garbage at premises of city's iconic building. Karachi's historic Frere Hall turned home to tantalising scents on Saturday, attracting food-c
Published 25 Jan, 2017 12:00am
Nisar and DG of Punjab Rangers discuss security situation

Nisar and DG of Punjab Rangers discuss security situation

Newly appointed Director General Rangers Punjab, Major General Azhar Naveed Hayat Khan held a meeting with Minister for Interior Chaudhry Nisar Ali Khan here on Tuesday and discussed matters related to security. The minister congratulated Major General Az
Published 25 Jan, 2017 12:00am
PIA's Premier Service incurs Rs 1.5 billion loss in three months

PIA's Premier Service incurs Rs 1.5 billion loss in three months

Premier Service of Pakistan International Airlines (PIA) has an operating loss of over Rs 1.5 billion during first three months. According to official statistics, compiled to determine the total operating cost (TOC) of Premier Service revealed that this s
Published 25 Jan, 2017 12:00am
ISL posts Rs 594.022 million PAT

ISL posts Rs 594.022 million PAT

International Steels Limited (ISL) has posted Rs 594.022 million as profit after tax in the quarter ended December 31, 2016 as compared to Rs 124.392 million earned in the same period in 2015. The board of directors of the company in its meeting held on T
Published 25 Jan, 2017 12:00am
Hyderabad Chamber's VP concerned at HESCO performance

Hyderabad Chamber's VP concerned at HESCO performance

The Senior Vice President Hyderabad Chamber of Commerce and Industry (HCCI) Turab Ali Khoja has expressed reservations over the performance of Hyderabad Electric Supply Company (HESCO) adding that the civic activities have been disrupted due to hours long
Published 25 Jan, 2017 12:00am
Three militants killed in IHK

Three militants killed in IHK

Police and troops killed three militants in two separate gunbattles in Indian-held Kashmir on Tuesday, one of them near the de facto border with Pakistan, officers said. Soldiers and members of the police's special operations group surrounded Hadoora, som
Published 25 Jan, 2017 12:00am
Three lawyers booked for misbehaving with judge

Three lawyers booked for misbehaving with judge

Islampura police booked three lawyers for misbehaving with additional district & sessions judge in open court and ransacking his chamber. A full bench of the Lahore High Court while proceeding with a complaint of the judge here Tuesday summoned the lawyer
Published 25 Jan, 2017 12:00am
More rain, snowfall likely in most parts

More rain, snowfall likely in most parts

The Met Office on Tuesday forecasts more rain and snowfall for the most parts of the country in the next 24 hours. The fresh downpour showered parts of Balochistan and Khyber Pakhtunkhwa in the last 24 hours.
Published 25 Jan, 2017 12:00am
LCCI for zero-rated facility to auto part machinery

LCCI for zero-rated facility to auto part machinery

The Lahore Chamber of Commerce and Industry (LCCI) has urged the Prime Minister Nawaz Sharif and Finance Minister Ishaq Dar, to extend zero-rated facility to the auto part machinery. The LCCI executive committee member and former senior vice-president Mal
Published 25 Jan, 2017 12:00am
PAD warns ginning factory owners
Cotton

PAD warns ginning factory owners

The Punjab Agriculture Department has warned all the ginning factory owners to destroy pink bollworm larva in cotton remnants by March 31 or be ready to face an action under Section 144.
Published 25 Jan, 2017 12:00am
'Lowari Tunnel closes due to heavy snowfall'

'Lowari Tunnel closes due to heavy snowfall'

Lowari Tunnel will remain closed for all kinds of traffic on Tuesday due to continuous heavy snowfall on Chitral top. According Spokesman National Highway Authority (NHA), snow clearance process around the tunnel will remain continue.
Published 25 Jan, 2017 12:00am
BISP provides dignity, empowerment to beneficiaries: Marvi Memon

BISP provides dignity, empowerment to beneficiaries: Marvi Memon

"BISP is a unique social safety network that provides dignity, empowerment and meaning of life to its beneficiaries." This was stated by the Minister of State and Chairperson BISP, Marvi Memon during her visit to Village Ali Bakhsh Rind in Tehsil Bulri Sh
Published 25 Jan, 2017 12:00am
Compensation for victims of Parachinar blast demanded

Compensation for victims of Parachinar blast demanded

A Member of National Assembly from Kurram Agency, Federally Administered Tribal Areas (FATA), on Tuesday demanded compensation for the victims of Parachinar blast, besides concrete measures to secure the bordering region.
Published 25 Jan, 2017 12:00am
Dar briefed about World Bank portfolio

Dar briefed about World Bank portfolio

Federal Finance Minister, Senator Ishaq Dar, held a meeting with a delegation of the World Bank, led by Country Director Patchamuthu Illangovan, here at the Ministry of Finance Tuesday to review the World Bank's portfolio in Pakistan. The World Bank deleg
Published 25 Jan, 2017 12:00am
Ex-messenger of Interior Ministry arrested

Ex-messenger of Interior Ministry arrested

Special Investigation Unit of Islamabad Police has arrested ex-messenger of Interior Ministry for his alleged involvement in minting money from people by issuing fake job appointment letters to them, a police spokesman said.
Published 25 Jan, 2017 12:00am
LHC orders formulation of policy for domestic workers

LHC orders formulation of policy for domestic workers

The Lahore High Court here on Tuesday directed Chief Secretary Punjab and Labour Secretary to formulate a policy for domestic workers. The court with these directions disposed of a public interest petition for domestic workers. Pleading the petition, Sher
Published 25 Jan, 2017 12:00am
Police high alert after terror threats, says DIG

Police high alert after terror threats, says DIG

Deputy Inspector General of the Police (Operations) Dr Haider Ashraf on Tuesday said that the police department is on high alert in the provincial metropolis, especially at every entry and exit point after receiving terror threats.
Published 25 Jan, 2017 12:00am
NGO allowed to function

NGO allowed to function

The Lahore High Court Chief Justice on Tuesday allowed functioning of a Non-Governmental Organisation (NGO), Women in Struggle for Empowerment (WISE). The court restraining the respondent authorities from taking coercive measures against the petitioner an
Published 25 Jan, 2017 12:00am
Parliamentary body briefed about National Accountability Ordinance, 1999

Parliamentary body briefed about National Accountability Ordinance, 1999

Federal Minister for Law and Justice Zahid Hamid Tuesday briefed the parliamentary committee constituted to revisit and suggest amendments in National Accountability Ordinance 1999 about basic structure of National Accountability Commission (NAC), propose
Published 25 Jan, 2017 12:00am
Aziz for greater Muslim unity to defeat terrorism, extremism

Aziz for greater Muslim unity to defeat terrorism, extremism

Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz on Tuesday emphasised the need for greater Muslim unity to defeat the menace of terrorism and extremism. Speaking at a reception hosted by Pakistan Ulema Council in honour of Secretary General o
Published 25 Jan, 2017 12:00am
Two corvettes inducted in PMSA

Two corvettes inducted in PMSA

In an impressive ceremony held at Pakistan Navy's Jinnah Naval Base Ormara, Balochistan, two Corvettes PMSS HINGOL and BASOL were inducted in Pakistan Maritime Security Agency (PMSA). Defence Minister of Pakistan, Khawaja Muhammad Asif was the Chief Guest
Published 25 Jan, 2017 12:00am
Zardari urges Trump to appoint high- level official for South Asia

Zardari urges Trump to appoint high- level official for South Asia

Former president Asif Ali Zardari has said that President Donald Trump should appoint a high level representative in his administration to deal with the issues in South Asia. He made the statement in an interview to an American newspaper. Zardari claimed
Published 25 Jan, 2017 12:00am
US mission expresses inability to determine inflow of aid

US mission expresses inability to determine inflow of aid

The United States mission in Pakistan expressed its inability to determine the future inflow of American assistance both in civil and military ambit, following the new administration in White House.
Published 25 Jan, 2017 12:00am
LSE former chairman passes away

LSE former chairman passes away

Former Chairman Lahore Stock Exchange Group Captain Naeem Ahmed Khan (R) died on Tuesday after a protracted illness. He was around 80. He was bed-ridden since the death of son, Junaid Khan, a heart surgeon about a year back. He was also former Chairman of
Published 25 Jan, 2017 12:00am
Misguiding the people

Misguiding the people

What prompted me to write this article? The readers would recall that the country's finance minister visited Karachi last week. During his stay in Karachi, he addressed the business community at the Federation of Pakistan Chambers of Commerce and Industry
Published 25 Jan, 2017 12:00am
Two alleged kidnappers killed in encounter

Two alleged kidnappers killed in encounter

Karachi police on Tuesday took action against q gang of kidnappers near Hub area. As result two kidnappers were killed in police encounter an abducted youth was recovered. This was told to media by Deputy Inspector General of CIA police Dr Jamil Ahmed in
Published 25 Jan, 2017 12:00am
Engro Foods denies CCP allegations

Engro Foods denies CCP allegations

Re-acting on the Competition Commission of Pakistan's (CCP) final verdict in which it has penalised Engro Foods brand "Dairy Omung" on charges of deceptive marketing, Engro Foods has issued the following statement.
Published 25 Jan, 2017 12:00am
Pakistanis to get mobile bank account facility by 2019: PTA chief

Pakistanis to get mobile bank account facility by 2019: PTA chief

Chairman Pakistan Telecommunication Authority (PTA) Dr Syed Ismail Shah on Tuesday said that efforts were underway to open bank accounts on mobile through which the people would be able to open mobile bank accounts till 2019. Talking to APP here after att
Published 25 Jan, 2017 12:00am
Karachi Literature Festival from February 10

Karachi Literature Festival from February 10

The eighth Karachi Literature Festival (KLF) will be held from February 10 to February 12 at a local hotel, announced the founder of the festival and Oxford University Press Managing Director Ameena Saiyid in a press conference at the Arts Council of Paki
Published 25 Jan, 2017 12:00am
'Women also require access to market intelligence'

'Women also require access to market intelligence'

United States Agency for International Development's (USAID) project Pakistan Regional Economic Integration Activity (PREIA) hosted a roundtable discussion on women's participation and gender inclusion in Pakistan's trade policy. Women from public and cor
Published 25 Jan, 2017 12:00am
Waseem Akhtar issued threat alert

Waseem Akhtar issued threat alert

The Sindh Home Department has issued a threat alert, claiming that Muttahida Qaumi Movement (MQM) founder Altaf Hussain has given his South African Syndicate Cell the task to target Karachi mayor Waseem Akhtar and MQM-Pakistan leadership.
Published 25 Jan, 2017 12:00am
PAT of ICI increases to Rs 919.177 million

PAT of ICI increases to Rs 919.177 million

The profit after tax (PAT) of ICI Pakistan has increased to Rs 919.177 million in the quarter ended December 31, 2016 as compared to Rs 830.222 million earned in the corresponding period in 2015. The company's earning per share increased to Rs 9.95 in the
Published 25 Jan, 2017 12:00am
'SEPA committed to environment protection, natural assets'

'SEPA committed to environment protection, natural assets'

The Director Technical, Sindh Environmental Protection Agency (SEPA) has said that SEPA will do every effort to protect the environment and natural resources of the ecosystem of Sindh and the department has started taking serious actions against the viola
Published 25 Jan, 2017 12:00am
Government urged to help reduce cultivation area of wheat crop
Cotton

Government urged to help reduce cultivation area of wheat crop

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has sought the government intervention to reduce area under cultivation for the wheat crop. He said that surplus wheat will remain a problem for the government as it has fai
Published 25 Jan, 2017 12:00am
KATI president for permanent debt payment system for energy sector

KATI president for permanent debt payment system for energy sector

President of Korangi Association of Trade and Industry (KATI) Masood Naqi has proposed on Tuesday that government should make a system of debt payments for energy sector on permanent basis because consumers are the ultimate victims of delays in recovery o
Published 25 Jan, 2017 12:00am
Euromonitor again declares Haier top selling brand

Euromonitor again declares Haier top selling brand

Euromonitor, the world's most authoritative market research institution has declared Haier the No. 1 brand of major appliances in the world in terms of volume sales for an unprecedented 8th consecutive year. Data released by Euromonitor for the year 2016
Published 25 Jan, 2017 12:00am
Euromonitor again declares Haier top selling brand

Euromonitor again declares Haier top selling brand

Euromonitor, the world's most authoritative market research institution has declared Haier the No. 1 brand of major appliances in the world in terms of volume sales for an unprecedented 8th consecutive year. Data released by Euromonitor for the year 2016
Published 25 Jan, 2017 12:00am
Murad grants Rs 2.9 billion for Karachi's industrial area

Murad grants Rs 2.9 billion for Karachi's industrial area

Sindh Chief Minister Syed Murad Ali Shah has approved a grant of Rs2.9 billion for the development and rehabilitation of infrastructure of the industrial areas of Karachi and adjoining areas. "I shall be releasing more funds if I see quality work being do
Published 25 Jan, 2017 12:00am
Over Rs 23.8 billion KMC budget approved amid walkout

Over Rs 23.8 billion KMC budget approved amid walkout

The City Council approved Rs 23.8 billion budget here on Tuesday for the remaining 9 months of this fiscal year amid opposition's walkout. With Deputy Mayor Dr Arshad Vohra in chair, the Muttahida Qaumi Movement's (MQM) dominant council adopted a budget p
Published 25 Jan, 2017 12:00am
TPL Life Lounge opened at OMI Hospital

TPL Life Lounge opened at OMI Hospital

TPL Life Insurance is now providing access to an exclusively designed TPL Life Lounge & Healthcare Services for its customers at OMI Hospital. The unveiling ceremony of the newly opened TPL Life Lounge at OMI Hospital took place with the core management o
Published 25 Jan, 2017 12:00am
Rain, flash floods kill three in Balochistan

Rain, flash floods kill three in Balochistan

At least three people including a woman were killed and seven sustained injuries as rain triggered flash floods in Balochistan. Heavy rain continues to fall in various areas of Balochistan which has overflowed the streams and nullahs. Intermittent rain in
Published 25 Jan, 2017 12:00am
CTP arranges awareness traffic seminar

CTP arranges awareness traffic seminar

The City Traffic Police Lahore (CTP) on Tuesday arranged an awareness seminar at the government collage for women to highlight the causes of violation of traffic rules and regulation.
Published 25 Jan, 2017 12:00am
PPDWP approves Rs 560.66 million uplift scheme

PPDWP approves Rs 560.66 million uplift scheme

The Punjab Provincial Development Working Party (PPDWP) Tuesday accorded approval of development scheme of Youth Affairs, Sports, Archeology & Tourism (YASAT) sector with an estimated cost of Rs. 560.66 million.
Published 25 Jan, 2017 12:00am
USAID celebrates achievements of five-year dairy project

USAID celebrates achievements of five-year dairy project

The United States Agency for International Development's (USAID) five-year dairy project implemented by the agency in collaboration with the government of the Punjab and Nestle Pakistan for improvement of dairy sector of the Punjab province resulted in 17
Published 25 Jan, 2017 12:00am
Parvez Elahi slams government spendings on Metrobus project

Parvez Elahi slams government spendings on Metrobus project

Reacting to opening of Metro Bus Service in Multan, Pakistan Muslim League-Q (PML-Q) senior leader Chaudhry Parvez Elahi said on Tuesday that if billions of rupees spent on "jangla" bus in Multan were incurred on providing ventilators in hospitals and edu
Published 25 Jan, 2017 12:00am
Apparel Forum approaches PM for amendments in export package
Cotton

Apparel Forum approaches PM for amendments in export package

Pakistan Apparel Forum, the biggest group of value added textile, has approached Prime Minister Nawaz Sharif to amend the export package by extending rebate to indirect exports (local sales) of yarn and withdrawal of customs duty and sales tax, besides re
Published 25 Jan, 2017 12:00am