BR100 Increased By (1.77%)
BR30 Increased By (1.96%)
KSE100 Increased By (1.59%)
KSE30 Increased By (1.65%)
BECO 5.62 Increased By ▲ 0.04 (0.72%)
BML 59.51 Decreased By ▼ -1.71 (-2.79%)
BOP 34.61 Increased By ▲ 0.93 (2.76%)
CNERGY 8.08 No Change ▼ 0.00 (0%)
DCL 12.05 Increased By ▲ 0.41 (3.52%)
FCCL 54.40 Increased By ▲ 2.26 (4.33%)
FCSC 5.52 Decreased By ▼ -0.11 (-1.95%)
FFL 18.05 Increased By ▲ 0.04 (0.22%)
FNEL 1.33 Decreased By ▼ -0.02 (-1.48%)
HUMNL 11.07 Increased By ▲ 0.03 (0.27%)
KEL 8.05 Increased By ▲ 0.21 (2.68%)
KOSM 5.88 Increased By ▲ 0.15 (2.62%)
MLCF 90.52 Increased By ▲ 4.01 (4.64%)
NBP 190.17 Increased By ▲ 5.87 (3.19%)
PACE 11.53 Decreased By ▼ -0.12 (-1.03%)
PAEL 41.07 Increased By ▲ 1.11 (2.78%)
PIAHCLA 25.84 Increased By ▲ 0.17 (0.66%)
PIBTL 17.51 Increased By ▲ 0.24 (1.39%)
PPL 225.84 Increased By ▲ 3.17 (1.42%)
PRL 34.63 Increased By ▲ 0.17 (0.49%)
PTC 64.62 Increased By ▲ 0.88 (1.38%)
SEARL 91.38 Increased By ▲ 0.92 (1.02%)
SSGC 26.97 Increased By ▲ 0.30 (1.12%)
TELE 8.93 Increased By ▲ 0.02 (0.22%)
THCCL 69.16 Increased By ▲ 0.69 (1.01%)
TPLP 10.90 Decreased By ▼ -0.30 (-2.68%)
TREET 24.64 Decreased By ▼ -0.06 (-0.24%)
TRG 69.78 Decreased By ▼ -0.81 (-1.15%)
WAVES 11.16 Increased By ▲ 0.05 (0.45%)
WTL 1.27 No Change ▼ 0.00 (0%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2017-03-07
Lords defy May for a second time on Brexit
Europe

Lords defy May for a second time on Brexit

LONDON: Prime Minister Theresa May suffered her second defeat in a week over Brexit Tuesday when the House of Lords voted to give parliament the final say on how Britain leaves the European Union.
Published 07 Mar, 2017 08:11pm
Decried as Muslim ban, will Trump decree pass legal muster?
Front Top News

Decried as Muslim ban, will Trump decree pass legal muster?

WASHINGTON: The American Civil Liberties Union and others are already lining up to challenge President Donald Trump's revised ban on refugees and travelers from six mainly Muslim countries.
Published 07 Mar, 2017 08:07pm
COAS meets Qatri PM; discusses enhancement of cooperation in defence sector
Pakistan Top News

COAS meets Qatri PM; discusses enhancement of cooperation in defence sector

RAWALPINDI: Chief of Army Staff General Qamar Javed Bajwa, on an official visit to Qatar on Tuesday met Prime Minister of Qatar, Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Commander Qatar Emiri Land Forces, Major General Muhammed Ali Ghanim Al Ghani
Published 07 Mar, 2017 07:40pm
Hungary to detain all asylum-seekers
Europe

Hungary to detain all asylum-seekers

BUDAPEST: Hungary's parliament approved Tuesday the systematic detention of all asylum-seekers in container camps, in a move that Prime Minister Viktor Orban said will make all of Europe safer from terror attacks.
Published 07 Mar, 2017 06:46pm
Brazil's recession worst in country's history: GDP figures
World

Brazil's recession worst in country's history: GDP figures

RIO DE JANEIRO: Brazil's recession hit the two year mark, becoming the worst in the country's history, after Latin America's biggest economy registered an eighth consecutive quarter of shrinkage, GDP figures showed Tuesday.
Published 07 Mar, 2017 06:37pm
Bilawal Bhutto pledges more steps for women empowerment
General News

Bilawal Bhutto pledges more steps for women empowerment

KARACHI: Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has pledged that his party will initiate more steps for the empowerment of women in Pakistan and endorsed the United Nation's 2030 Agenda and its key Sustainable Development Goals for the wom
Published 07 Mar, 2017 06:32pm
Fiat Chrysler's CEO says a GM merger still makes sense
Industry

Fiat Chrysler's CEO says a GM merger still makes sense

GENEVA: Fiat Chrysler's chief executive Sergio Marchionne remains interested in seeking a merger with General Motors, saying on Tuesday that such a deal was still attractive after GM's sale of its European operations to PSA Group.
Published 07 Mar, 2017 06:16pm
Wall Street slips, US dollar firm on Fed outlook
Financial

Wall Street slips, US dollar firm on Fed outlook

NEW YORK: Wall Street stocks slipped on Tuesday, led by a decline in healthcare stocks after a tweet from US President Donald Trump on the need to lower drug prices, while expectations the Federal Reserve will raise interest rates supported the US dollar.
Published 07 Mar, 2017 06:12pm
ECP clarifies news item on Imran Khan's statement
General News

ECP clarifies news item on Imran Khan's statement

ISLAMABAD: Election Commission of Pakistan (ECP) Tuesday clarified a news item appearing in a section of press on Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan's statement of "launching campaign against ECP" for not amending the laws.
Published 07 Mar, 2017 06:05pm
US 1-month bills sold to solid demand
Managed Funds

US 1-month bills sold to solid demand

NEW YORK: The US Treasury Department on Tuesday sold $15 billion of one-month bills to solid demand as it has reduced the supply of this short-dated debt maturity in advance of a possible reinstatement of the federal debt ceiling on March 15.
Published 07 Mar, 2017 05:59pm
FTSE steadies at close, some earnings disappoint
Financial

FTSE steadies at close, some earnings disappoint

LONDON: Britain's top equity index steadied at the close on Tuesday, with negative share moves seen by a string of firms following their poor earnings updates offsetting gains in some firms that advanced on the back of a weaker pound.
Published 07 Mar, 2017 05:56pm
Oil imports lift US trade deficit to near five-year high
Energy

Oil imports lift US trade deficit to near five-year high

WASHINGTON: The US trade deficit jumped to a near five-year high in January as rising oil prices helped to push up the import bill, pointing to slower economic growth in the first quarter and posing a challenge for the Trump administration.
Published 07 Mar, 2017 05:52pm
Bullion Prices on Tuesday
Markets

Bullion Prices on Tuesday

KARACHI: Following were the Bullion Prices in Karachi, Hyderabad, Multan and Lahore on Tuesday.
Published 07 Mar, 2017 03:20pm
PCB plan to host World XI in September
Cricket

PCB plan to host World XI in September

KARACHI: World cricket's governing body plans to send a team of international players to Pakistan in September as part of efforts to revive home fixtures disrupted by a deadly militant attack in 2009, officials said Tuesday.
Published 07 Mar, 2017 02:10pm
PM, Amir of Kuwait resolve to further strengthen bilateral ties
Pakistan Top News

PM, Amir of Kuwait resolve to further strengthen bilateral ties

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif and Amir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al- Sabah Tuesday reiterated to further strengthen the bilateral relations between Pakistan and Kuwait.
Published 07 Mar, 2017 02:06pm
European markets take a breather
Financial

European markets take a breather

LONDON: European stock markets paused Tuesday as investors waited on this week's interest rate call in the eurozone and crucial jobs data in the United States.
Published 07 Mar, 2017 02:03pm
Pietersen rejoins Surrey for T20 stint
Cricket

Pietersen rejoins Surrey for T20 stint

LONDON: Kevin Pietersen is to make a shock return to county cricket with Surrey after opting to play for the London-based side in English county cricket's Twenty20 Blast rather than the Caribbean Premier League.
Published 07 Mar, 2017 02:02pm
Kevin Pietersen didn't snub PSL final because of Imran Khan
Cricket

Kevin Pietersen didn't snub PSL final because of Imran Khan

former english batsmen kevin pietersen has rejected reports that he refused to attend the pakistan super league (psl) final in lahore after the statements by pakistan tehreek -e-insaf (pti) chief imran khan, where the former cricketer opposed pcb decision
Updated 07 Mar, 2017 01:45pm
Breaking the bank: Thai vets remove 915 coins from turtle
Arts

Breaking the bank: Thai vets remove 915 coins from turtle

%dangkok: a sea turtle dubbed 'piggy bank' has had her fortunes restored after thai vets removed 915 coins from her stomach -- a deposit built up after years of gulping down good luck pennies tossed into its pond.
Updated 07 Mar, 2017 01:41pm
Gold slips to 3-week low on fed rate hike expectations
Commodities

Gold slips to 3-week low on fed rate hike expectations

london: gold hit a three-week low on tuesday as expectations for a us interest rate hike this month weighed, but moves were muted as markets awaited us data this week and more pointers on the trump administration's economic plans.
Updated 07 Mar, 2017 01:40pm
Chile central bank head takes dovish tone in speech
Money & Banking

Chile central bank head takes dovish tone in speech

santiago: chile central bank head mario marcel said growth in the first quarter of 2017 "will not be better" than last quarter's growth, due in part to a strike at bhp billiton's escondida mine, according to a transcript of remarks he delivered at a unive
Updated 07 Mar, 2017 01:39pm
Asia fuel oil-buying spree fails to lift cash differentials
Energy

Asia fuel oil-buying spree fails to lift cash differentials

dubai: cash differentials of asia's 380-cst fuel oil fell to a near two-week low on tuesday despite a second consecutive session of active trading in the platts window, casting further doubt over bullish trading strategies for march.
Updated 07 Mar, 2017 01:39pm
North Korea warns of actual war, US calls it pariah
Europe

North Korea warns of actual war, US calls it pariah

geneva: north korea faced a chorus of condemnation on tuesday for its latest ballistic missile tests but declared that ongoing joint us-south korea military exercises were aimed at conducting a "pre-emptive nuclear attack" against pyongyang.
Updated 07 Mar, 2017 01:38pm
Legislators demand effective foreign policy
Pakistan

Legislators demand effective foreign policy

ISLAMABAD: Law makers in National Assembly on Tuesday demanded effective foreign policy to resolve outstanding issues with neighboring countries for lasting peace and progress in the region.
Published 07 Mar, 2017 01:31pm
Saudi Arabia denies killing two Pakistani transgender women
Middle East

Saudi Arabia denies killing two Pakistani transgender women

%d%ariyadh/peshawar: saudi arabia denied on tuesday claims by pakistani activists that two transgender women from pakistan were beaten to death in police custody after being arrested in saudi arabia along with more than 30 other members of the community.
Updated 07 Mar, 2017 01:25pm
Daimler CEO says not worried by Brexit or Trump
Industry

Daimler CEO says not worried by Brexit or Trump

GENEVA: Daimler shrugged off concerns over possible import tariffs in both Britain and the United States, with Chief Executive Dieter Zetsche saying on Tuesday there had been positive signs from the US administration on free trade.
Published 07 Mar, 2017 11:53am
China gold reserves flat for a fourth month in February
Commodities

China gold reserves flat for a fourth month in February

BEIJING/LONDON: China's gold reserves were unchanged for a fourth month in February, the country's central bank said on Tuesday, the longest time in which it has not added to its holdings since it began updating the data monthly in mid 2015.
Published 07 Mar, 2017 11:51am
Pakistan for further improving ties with Kuwait in all spheres
Front Top News

Pakistan for further improving ties with Kuwait in all spheres

KUWAIT CITY: Prime Minister Muhammad Nawaz Sharif Tuesday said Pakistan and Kuwait had been economic and trade partners for long and Pakistan wished to further enhance its relations with Kuwait in all spheres.
Published 07 Mar, 2017 11:40am
Fillon backers seek unity to revive French presidential bid
Europe

Fillon backers seek unity to revive French presidential bid

PARIS: Friends and detractors of Francois Fillon sought to bridge their deep divisions and put the French conservative candidate's presidential campaign back on the rails on Tuesday after deciding to stick with him despite a damaging financial scandal
Published 07 Mar, 2017 11:35am
Ashwin grabs six as India stun Australia
Cricket

Ashwin grabs six as India stun Australia

BANGALORE: Off-spinner Ravichandran Ashwin grabbed six wickets as India stopped Australia in their tracks to win a fiery second Test and level the series 1-1 on Tuesday.
Published 07 Mar, 2017 11:25am
900m had to pay bribes in Asia Pacific last year
Life & Style

900m had to pay bribes in Asia Pacific last year

%DANGKOK: More than a quarter of people living in Asia had to pay a bribe while trying to access a public service in the past year, a watchdog said Tuesday, calling on governments to root out endemic graft in the region.
Published 07 Mar, 2017 11:13am
Dollar inches higher, eyes on trade numbers
Financial

Dollar inches higher, eyes on trade numbers

LONDON: The dollar steadied against a basket of currencies in early European trade on Tuesday, still stuck below highs hit in December and January after two weeks in which expectations for a rise in U.
Published 07 Mar, 2017 11:05am
Enfarinat, Spagna
Featured Photos

Enfarinat, Spagna

Photo Credit: Antonio Gibotta%Dntonio Gibotta, born in Avellino in August 1988, immediately comes up and a passion for photography, looking closely at the work of his father, an accomplished professional photographer.
Published 07 Mar, 2017 11:03am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Tuesday having 49452.
Published 07 Mar, 2017 11:02am
IMF tells Sri Lanka to rebuild reserves, be ready to tighten
World

IMF tells Sri Lanka to rebuild reserves, be ready to tighten

COLOMBO: The International Monetary Fund on Tuesday urged Sri Lanka's central bank to rebuild international reserves, while maintaining exchange rate flexibility, and to be ready to tighten monetary policy if credit growth or inflation do not abate.
Published 07 Mar, 2017 10:56am
Black Days Of Ukraine by Valery Melnikov
Featured Photos

Black Days Of Ukraine by Valery Melnikov

Photo Credit: Valery Melnikov%D%AValery Melnikov is a graduate of Stavropol State University ran on becoming an award winning photographer and reporter, who over a decade successfully works for international news agency RIA Novosti and Kommersant newspape
Published 07 Mar, 2017 08:38am
Imran Khan under fire after 'pateechar' comment
Cricket

Imran Khan under fire after 'pateechar' comment

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan is in hot waters after his derogatory comments about international players who arrived in Pakistan to attend the Pakistan Super League (PSL) final in Lahore didnt sit well with many, and they switched to soc
Published 07 Mar, 2017 08:02am
Two soldiers embrace martyrdom in exchange of fire: ISPR
Pakistan Top News

Two soldiers embrace martyrdom in exchange of fire: ISPR

Two soldiers of the Pakistan Army were killed on Tuesday during an ongoing operation against the terrorists in Sawabi district of Khyber Pakhtunkhwa, the Inter-Services Public Relations (ISPR) said in a statement.
Published 07 Mar, 2017 07:01am
FDI: Wooing Canadians may be a hard sell
Miscellaneous

FDI: Wooing Canadians may be a hard sell

In a rare display of foresight, Pakistan's High Commissioner to Canada Tariq Azim Khan has invited Canadian companies to benefit from the investment opportunities in Pakistan emerging from economic boom and the demographic dividend, this newspaper rep
Published 07 Mar, 2017 06:00am
Sindh Bank marches on
Banking

Sindh Bank marches on

Banks have had a pretty good CY16 result season, and Sindh Bank Limited (SBL) was the latest to join.
Published 07 Mar, 2017 05:59am
Hong Kong stocks rise at open
Financial

Hong Kong stocks rise at open

HONG KONG: Hong Kong stocks on Tuesday extended the previous day's gains but trade was muted after losses across US and European markets.
Published 07 Mar, 2017 03:46am
'Logan' claws way to top of box office
Movies & Music

'Logan' claws way to top of box office

LOS ANGELES: The "X-Men" spinoff "Logan" -- starring Hugh Jackman as the metal-clawed, mutant anti-hero Wolverine -- dominated the box office in its opening weekend with a huge $88.
Published 07 Mar, 2017 03:45am
Tusk row threatens to overshadow EU summit
Europe

Tusk row threatens to overshadow EU summit

BRUSSELS: A row over Poland's bid to replace EU President Donald Tusk threatens to overshadow a summit this week that was meant to focus on post-Brexit unity.
Published 07 Mar, 2017 03:44am
Asia markets mostly up but caution reigns, dollar struggles
Financial

Asia markets mostly up but caution reigns, dollar struggles

HONG KONG: Investors in most Asian markets built on the previous day's advance Tuesday but with caution hanging in the air the gains were limited by concerns over Donald Trump's lack of detail on economic policy as well as geopolitical risks.
Published 07 Mar, 2017 03:42am
FBR collecting around Rs 15 billion per year through super tax

FBR collecting around Rs 15 billion per year through super tax

The Federal Board of Revenue (FBR) is annually collecting revenue of around Rs15 billion from super tax imposed on rich individuals, Association of Persons (AoPs) and companies earning income above Rs500 million in a tax year. Sources told Business Rec
Published 07 Mar, 2017 12:00am
Tokyo stocks fall
Currency

Tokyo stocks fall

Tokyo shares finished lower Monday as the yen jumped in response to North Korea's firing of four ballistic missiles, three of which landed in Japanese-controlled waters. Japanese Prime Minister Shinzo Abe said the missiles were launched "almost simultaneo
Published 07 Mar, 2017 12:00am
North Korea fires missiles, three reach waters off Japan

North Korea fires missiles, three reach waters off Japan

Nuclear-armed North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump, with three landing provocatively close to America's ally Japan. Seoul and Washington began annual joint military exercises last week that
Published 07 Mar, 2017 12:00am
India's NSE index at two-year high

India's NSE index at two-year high

India's NSE index closed at its highest in two years on Monday, near a key psychological level of 9,000, on hopes the ruling Bharatiya Janata Party (BJP) would win the elections in the northern state of Uttar Pradesh.
Published 07 Mar, 2017 12:00am
North Korea fires missiles, three reach waters off Japan

North Korea fires missiles, three reach waters off Japan

Nuclear-armed North Korea launched four ballistic missiles on Monday in another challenge to President Donald Trump, with three landing provocatively close to America's ally Japan. Seoul and Washington began annual joint military exercises last week that
Published 07 Mar, 2017 12:00am
Sri Lankan shares up

Sri Lankan shares up

Sri Lankan shares closed slightly firmer on Monday, after posting a more than three-week closing low in the previous session, with beverage and telecom stocks driving the gains. However, investor sentiment continued to remain low amid concerns about risin
Published 07 Mar, 2017 12:00am
COAS, Qatar minister discuss regional security

COAS, Qatar minister discuss regional security

Chief of Army Staff (COAS) General Qamar Javed Bajwa, who is on an official visit to Qatar, called on Minister for Defence Affairs, Qatar, Dr Khalid Bin Muhammad Al-Attiya. Matters of regional security and enhanced bilateral defence cooperation were discu
Published 07 Mar, 2017 12:00am
Gulf stocks mixed

Gulf stocks mixed

Stock markets in the Gulf closed with mixed fortunes on Monday, with a rebound by financially troubled builder Arabtec boosting Dubai while Barwa Real Estate pulled down Qatar as the company went ex-dividend.
Published 07 Mar, 2017 12:00am
COAS, Qatar minister discuss regional security

COAS, Qatar minister discuss regional security

Chief of Army Staff (COAS) General Qamar Javed Bajwa, who is on an official visit to Qatar, called on Minister for Defence Affairs, Qatar, Dr Khalid Bin Muhammad Al-Attiya. Matters of regional security and enhanced bilateral defence cooperation were discu
Published 07 Mar, 2017 12:00am
WWF Pakistan successfully breeds two endangered chicks

WWF Pakistan successfully breeds two endangered chicks

The WWF-Pakistan for the second time in two consecutive years successfully bred two chicks of the critically endangered Oriental white-backed vultures in its Changa Manga vulture conservation facility. The chicks, now over six weeks, are growing and devel
Published 07 Mar, 2017 12:00am
SBP initiates survey on portfolio investment

SBP initiates survey on portfolio investment

The State Bank of Pakistan (SBP) has initiated a survey to collect information on portfolio investment by holdings of residents of Pakistan in equities and debt securities issued by unrelated non-residents as on December 31, 2016.
Published 07 Mar, 2017 12:00am
Cement despatches decline in February

Cement despatches decline in February

Though cement consumption rebounded in the domestic market in February, as the industry registered a negative growth for the first time during the current fiscal year due to massive decline of 45 percent in exports.
Published 07 Mar, 2017 12:00am
SBP initiates survey on portfolio investment

SBP initiates survey on portfolio investment

The State Bank of Pakistan (SBP) has initiated a survey to collect information on portfolio investment by holdings of residents of Pakistan in equities and debt securities issued by unrelated non-residents as on December 31, 2016.
Published 07 Mar, 2017 12:00am
Ogra to determine UFG benchmark after consultation: Uzma Adil

Ogra to determine UFG benchmark after consultation: Uzma Adil

Oil and Gas Regulatory Authority (Ogra) Chairperson Uzma Adil Khan said on Monday that the Sui Northern Gas Pipe Lines Limited (SNGPL) has reduced its Unaccounted For Gas (UFG) losses while the Sui Southern Gas Company (SSGC) Limited is also working to re
Published 07 Mar, 2017 12:00am
SBP initiates survey on portfolio investment

SBP initiates survey on portfolio investment

The State Bank of Pakistan (SBP) has initiated a survey to collect information on portfolio investment by holdings of residents of Pakistan in equities and debt securities issued by unrelated non-residents as on December 31, 2016.
Published 07 Mar, 2017 12:00am
E-Rozgaar programme receives 33,105 applications

E-Rozgaar programme receives 33,105 applications

The Punjab Information Technology Board (PITB) and Youth Affairs, Sports, Archaeology & Tourism (YASAT)'s joint project "Chief Minister's e-Rozgaar Program" has received enthusiastic response by registering 33,105 applications from the young graduates. Th
Published 07 Mar, 2017 12:00am
LDA to execute four mega projects in city

LDA to execute four mega projects in city

The Lahore Development Authority (LDA) has decided to execute four mega development projects in the provincial metropolis at a cost of Rs 13 billion. These projects include construction of 13 kilometers long Sharaqpur Bypass from Mohlanwal, Lahore, to Jar
Published 07 Mar, 2017 12:00am
Tevta teachers reach China for training

Tevta teachers reach China for training

Up to twenty teachers of Technical Education and Vocational Training Authority (TEVTA) arrived in China to get two months training. These TEVTA teachers will get training in textile engineering, dyeing & finishing engineering and clothing & design enginee
Published 07 Mar, 2017 12:00am
89 percent Pakistanis ready to fight for their country

89 percent Pakistanis ready to fight for their country

According to a global survey from WIN/Gallup International, Pakistan ranks first in the list of countries where people are willing to fight for their country. An overwhelming 89 percent Pakistanis said they would fight for their country if need be.
Published 07 Mar, 2017 12:00am
Prime Minister has given me task of 'trade, not aid': Aizaz Ahmad

Prime Minister has given me task of 'trade, not aid': Aizaz Ahmad

Pakistan Ambassador to United States of America (USA) Aizaz Ahmad Chaudhry has said that Prime Minister Nawaz Sharif has given him the task of "Trade, not Aid" and he has taken this responsibility as a mission. He was talking to the Lahore Chamber of Comm
Published 07 Mar, 2017 12:00am
One LeJ terrorist killed, four abettors held in shootout

One LeJ terrorist killed, four abettors held in shootout

The Counter Terrorism Department (CTD) of Sindh Police claimed to have killed a suspected Lashkar-e-Jhangvi (LeJ) terrorist and arrested his four accomplices from Mehran Town of Korangi Area, here on Monday. Police said the terrorists were involved in num
Published 07 Mar, 2017 12:00am
Effective steps urged to control 'Chikungunya' virus

Effective steps urged to control 'Chikungunya' virus

Punjab Minister for Specialized Healthcare & Medical Education Khawaja Salman Rafiq has directed that all the concerned departments should take effective measures to control dengue as well as Chikungunya virus in Punjab.
Published 07 Mar, 2017 12:00am
SGA&CD notifies transfers postings

SGA&CD notifies transfers postings

The Sindh Services, General Administration and Co-ordination Department have notified the transfers and postings with immediate effect. Director Information (BS-19) Sanaullah Rajar awaiting posting is posted with immediate effect and until further orders
Published 07 Mar, 2017 12:00am
KP governor meets Shahbaz

KP governor meets Shahbaz

Khyber Pakhtunkhwa Governor Iqbal Zafar Jhagra met Chief Minister Muhammad Shahbaz Sharif and discussed matters of mutual interest. The KPK governor felicitated Shehbaz for arranging successful show of PSL. He said the support of entire nation on this meg
Published 07 Mar, 2017 12:00am
Bilawal meets KP party workers

Bilawal meets KP party workers

Chairman Pakistan Peoples Party, Bilawal Bhutto Zardari on Monday held meetings with party workers from KP. Workers from 3 divisions of KP namely Dera Ismail Khan, Bannu and Mardan were present in these meetings.
Published 07 Mar, 2017 12:00am
GCU Syndicate approves appointments of senior faculty

GCU Syndicate approves appointments of senior faculty

The Syndicate of Government College University Lahore has approved the appointment of senior faculty including the Professors and Distinguish Professors, besides sanctioning a new academic programme of BA (Hons.) in Sociology.
Published 07 Mar, 2017 12:00am
Corruption: Imran reiterates to play all cards against Prime Minister

Corruption: Imran reiterates to play all cards against Prime Minister

Expressing strong resolve to obey the apex court' awaited verdict in Panamagate case in letter and spirit, Chairman Pakistan Tehreek-e-Insaf Imran Khan reiterated to play all the cards against Prime Minister Nawaz Sharif over the issue of corruption.
Published 07 Mar, 2017 12:00am
Tahir Ashrafi removed from PUC chairmanship

Tahir Ashrafi removed from PUC chairmanship

The leadership of Pakistan Ulema Council (PUC) has removed Tahir Ashrafi from the chairmanship of the body and cancelled his basic membership, saying the former chairman has kept foreign contracts secret.
Published 07 Mar, 2017 12:00am
'Closure of Pak-Afghan border causes damage to transit trade'

'Closure of Pak-Afghan border causes damage to transit trade'

Zubair Motiwala, Chairman & President PAJCCI, in his interview with Voice of America stated that the sanctity of Pakistan and Afghanistan comes first and PAJCCI stands by all relevant measures that are required to be taken. However, closure of border for
Published 07 Mar, 2017 12:00am
Issue of Pashtuns' racial profiling echoes in Senate
Cotton

Issue of Pashtuns' racial profiling echoes in Senate

The issue of racial profiling of Pashtuns in parts of Punjab province in wake of operation Raad ul Fassad echoed in Upper House of the Parliament, prompting the chairman Senate to issue a ruling to Nadra and intelligence agencies to dispose of the verific
Published 07 Mar, 2017 12:00am
LDA plans high rise building

LDA plans high rise building

Lahore Development Authority (LDA) will construct a high rise building in the commercial zone on its vacant land measuring 22 kanal on Jail road, in joint venture with private partners, under "The Disposal of Land by Development Authorities Act 2014". For
Published 07 Mar, 2017 12:00am
Enemies of Pakistan to be eliminated: Prime Minister

Enemies of Pakistan to be eliminated: Prime Minister

Prime Minister Muhammad Nawaz Sharif has expressed deep grief over the martyrdom of Army personnel who embraced martyrdom in the cross boarder terrorist attack. In his message, the Prime Minister said that the sacrifices given by our brave soldiers while
Published 07 Mar, 2017 12:00am
Senate condemns phrase 'Islamic terrorism' used by Trump

Senate condemns phrase 'Islamic terrorism' used by Trump

The Senate on Monday passed a unanimous resolution against the catch phrase 'Islamic terrorism,' frequently used by US President Donald Trump while referring to terrorists misusing the name of Islam. The resolution moved by Senator Rehman Malik of Pakista
Published 07 Mar, 2017 12:00am
Danish-Pak Affairs Council honours three young achievers

Danish-Pak Affairs Council honours three young achievers

The Danish-Pakistani Affairs Council based in Denmark has honoured three outstanding young Danes of Pakistani origin with Excellence Awards for their great contributions to the Danish society, marking the important role and contributions being made by the
Published 07 Mar, 2017 12:00am
Iranian ambassador calls on Zardari

Iranian ambassador calls on Zardari

The Iranian Ambassador to Pakistan H.E. Mehdi Honardost called on Former President of Pakistan and President Pakistan People's Party Parliamentarians Asif Ali Zardari at Zardari House Islamabad on Monday evening. They discussed matters of mutual interests
Published 07 Mar, 2017 12:00am
India using Afghan land against Pakistan: Asif

India using Afghan land against Pakistan: Asif

Federal Minister for Defence Khawaja Muhammad Asif claimed that India has outsourced the task of terrorism to those sitting in Afghanistan and is hatching conspiracy and using Afghan land against Pakistan. "India is plotting with the help of Afghanistan a
Published 07 Mar, 2017 12:00am
Defaulting vehicles to be taxed: road checking campaign to be launched

Defaulting vehicles to be taxed: road checking campaign to be launched

Provincial Minister for Excise and Taxation & Narcotics Control Mukesh Kumar Chawla has said that road checking campaign will be launched in current month to nab tax defaulting vehicles Presiding over a meeting, he advised the owners of the vehicles to pa
Published 07 Mar, 2017 12:00am
LG Amendment Bill: No to no-confidence vote, Sindh Assembly makes law

LG Amendment Bill: No to no-confidence vote, Sindh Assembly makes law

"The Sindh Local Government (Amendment) Bill 2017" was passed with the majority votes of legislators in Sindh Assembly amid opposition's noisy protest. The new law is aimed at preventing the councillors from no-confidence votes against the chairmen and vi
Published 07 Mar, 2017 12:00am
Work on Kurram Tangi dam project widely hailed

Work on Kurram Tangi dam project widely hailed

Former federal minister Salim Saifullah Khan on Monday hailing the federal government for inaugurating the much-awaited Kurram Tangi Dam project said it would ensure socio-economic development of the southern districts of the Khyber Pakhtunkhwa.
Published 07 Mar, 2017 12:00am
First 'hybrid rickshaw' introduced in Pakistan

First 'hybrid rickshaw' introduced in Pakistan

Pakistani company Green Wheels Private Limited on Monday introduced a hybrid rickshaw in an auto parts show organised at Karachi's Expo center. The Chinese built hybrid rickshaw is now being locally assembled by Green Wheels.
Published 07 Mar, 2017 12:00am
Russia 'up to no good' with its meddling: UK's Johnson

Russia 'up to no good' with its meddling: UK's Johnson

Russia must halt "unacceptable" meddling in other countries, especially the Balkans and Ukraine, for there to be any chance of a fresh start with the West, British foreign minister Boris Johnson said Monday.
Published 07 Mar, 2017 12:00am
Eurozone investor morale hits almost 10-year high

Eurozone investor morale hits almost 10-year high

Investor sentiment in the eurozone improved more than expected in March, hitting its highest level in almost 10 years on Monday, as concerns that global political risks could end an economic upswing dissipated. The Frankfurt-based Sentix research group's
Published 07 Mar, 2017 12:00am
EU approves new military headquarters

EU approves new military headquarters

The European Union on Monday approved plans for a military headquarters to co-ordinate overseas security operations, foreign affairs head Federica Mogherini said. Mogherini, who has pushed hard for the EU to take on an increased military role, said foreig
Published 07 Mar, 2017 12:00am
Greek economy takes new blow, in the red in 2016

Greek economy takes new blow, in the red in 2016

Debt-laden Greece's economy suffered a new blow, contracting by 1.2 percent at the end of 2016, according to revised figures released Monday, meaning it remained in recession for the eighth straight year.
Published 07 Mar, 2017 12:00am
Three killed as protesters clash with police in Nepal

Three killed as protesters clash with police in Nepal

At least three people died and a dozen were injured in clashes between police and minority protesters in Nepal Monday, officials said, the first incidence of violence since long-delayed elections were announced a fortnight ago. The polls - the first local
Published 07 Mar, 2017 12:00am
IMF loan to Ukraine only refinances debt: banker

IMF loan to Ukraine only refinances debt: banker

A top Ukrainian banker said Monday that a new tranche of money from the International Monetary Fund would mainly go straight back to the global lender as debt repayment, rather than helping to fill the country's coffers. The IMF said Saturday it had reach
Published 07 Mar, 2017 12:00am
North Korea orders expulsion of Malaysian ambassador

North Korea orders expulsion of Malaysian ambassador

North Korea said Monday it would expel Malaysia's ambassador after its own envoy was ordered out of the Southeast Asian nation, in an increasingly bitter row over the assassination of Kim Jong-Nam at Kuala Lumpur International Airport.
Published 07 Mar, 2017 12:00am
Standard Life buys Aberdeen for £3.8 billion

Standard Life buys Aberdeen for £3.8 billion

British financial services group Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion to create one of the world's biggest fund managers, the pair said Monday.
Published 07 Mar, 2017 12:00am
Novelist Paula Fox dies

Novelist Paula Fox dies

The award-winning children's novelist Paula Fox, known for frankly exploring abandonment and loss, has died in New York. She was 93. Fox died at a hospital near her Brooklyn home, her daughter, Linda Carroll-Barraud told The New York Times.
Published 07 Mar, 2017 12:00am
Standard Life buys Aberdeen for £3.8 billion

Standard Life buys Aberdeen for £3.8 billion

British financial services group Standard Life has agreed to buy Aberdeen Asset Management for £3.8 billion to create one of the world's biggest fund managers, the pair said Monday.
Published 07 Mar, 2017 12:00am
US warned Israel against annexing West Bank: minister

US warned Israel against annexing West Bank: minister

Israeli Defence Minister Avigdor Lieberman said on Monday that the United States has warned that annexing the West Bank would lead to an "immediate crisis" with President Donald Trump's administration. Lieberman, speaking before his first trip to Washingt
Published 07 Mar, 2017 12:00am
Air India claims record with all-female round-world flight

Air India claims record with all-female round-world flight

India's national airline claimed Monday to have set a new record with the first round-the-world flight staffed entirely by women. Ai India said its Boeing 777 travelled from Delhi to San Francisco and back again with an all-female crew last week, the firs
Published 07 Mar, 2017 12:00am
Germany urges calm in 'Nazi' row with Turkey

Germany urges calm in 'Nazi' row with Turkey

Chancellor Angela Merkel on Monday called for calm in an escalating row with Turkey, a day after President Recep Tayyip Erdogan labelled a German ban on rallies by his ministers "Nazi practices".
Published 07 Mar, 2017 12:00am
China to keep exchange rate policy framework
Currency

China to keep exchange rate policy framework

China will stick to its managed floating exchange rate framework to keep the yuan currency basically stable, a deputy governor of the People's Bank of China (PBOC) said on Monday. The central bank spent billions of dollars last year to slow the yuan's dec
Published 07 Mar, 2017 12:00am
US hasn't decided yet on Iran nuclear deal: IAEA

US hasn't decided yet on Iran nuclear deal: IAEA

The new US administration has not yet decided what to do about the 2015 Iran nuclear deal, the head of the UN atomic watchdog said Monday following talks in Washington. "The new administration of the United States just started and they are looking at this
Published 07 Mar, 2017 12:00am
Volkswagen to recall over 680,000 Audis

Volkswagen to recall over 680,000 Audis

German carmaker Volkswagen will recall nearly 680,000 premium Audi cars in China, according to the country's quality regulator, over defects in coolant pumps that could lead to engine fires. Blockages in the system "in extreme circumstances could cause a
Published 07 Mar, 2017 12:00am
Aussie and kiwi defensive
Currency

Aussie and kiwi defensive

The Australian and New Zealand dollars were on the defensive on Monday as the mounting risk of an imminent hike in US interest rates steadily eroded the currencies' yield advantage over the US dollar. The Aussie was off 0.25 percent at $0.7575 and uncomfo
Published 07 Mar, 2017 12:00am
US factory orders rise for second straight month

US factory orders rise for second straight month

New orders for US-made goods increased for a second straight month in January, suggesting the recovery of the manufacturing sector was gaining momentum as rising prices for commodities spur demand for machinery. Factory goods orders rose 1.2 percent, the
Published 07 Mar, 2017 12:00am
Sterling slips to seven-weak low against euro
Currency

Sterling slips to seven-weak low against euro

Sterling slipped to a seven-week low against the euro on Monday, weakened by uncertainty over when the formal mechanism for Britain's departure from the European Union would be triggered, as well as a run of weak UK data. Prime Minister Theresa May faced
Published 07 Mar, 2017 12:00am
Norway says half of new cars now electric or hybrid

Norway says half of new cars now electric or hybrid

Norway, which already boasts the world's highest number of electric cars per capita, said Monday that electric or hybrid cars represented half of new registrations in the country so far this year.
Published 07 Mar, 2017 12:00am
EU approves Hungary's Kremlin-backed nuclear plant

EU approves Hungary's Kremlin-backed nuclear plant

EU authorities on Monday approved a controversial nuclear expansion project in Hungary that is heavily backed by Russia. The approval removes the last roadblock to the 12.5 billion euro ($13.2 billion) expansion of Hungary's only nuclear facility, which R
Published 07 Mar, 2017 12:00am
Asian lenders take Australia market share in rapid expansion

Asian lenders take Australia market share in rapid expansion

Asian banks are ramping up their loans business in Australia, taking market share from local lenders who are trying to manage the rising regulatory costs of maintaining adequate capital to protect against potential credit defaults, according to a Basis Po
Published 07 Mar, 2017 12:00am
Most Asian currencies steady

Most Asian currencies steady

Most Asian currencies edged up on Monday after sharp falls last week as the dollar dipped on profit taking. Traders said an expected interest rate hike by the US Federal Reserve next week was largely priced into markets already.
Published 07 Mar, 2017 12:00am
Asian lenders take Australia market share in rapid expansion

Asian lenders take Australia market share in rapid expansion

Asian banks are ramping up their loans business in Australia, taking market share from local lenders who are trying to manage the rising regulatory costs of maintaining adequate capital to protect against potential credit defaults, according to a Basis Po
Published 07 Mar, 2017 12:00am
Sri Lankan rupee weakens
Currency

Sri Lankan rupee weakens

The Sri Lankan rupee ended marginally weaker in thin trade on Monday, as importer dollar demand surpassed greenback remittances, dealers said. Rupee forwards were active, with two-week forwards ending at 151.85/95 per dollar, compared with Friday's close
Published 07 Mar, 2017 12:00am
Bangladesh orders shutdown of city tanneries

Bangladesh orders shutdown of city tanneries

A Bangladeshi court on Monday ordered the government to shut down more than 100 tanneries in Dhaka after they were accused of dumping huge amounts of toxic waste into the city's main river. The High Court ruling followed a petition by Bangladeshi environm
Published 07 Mar, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Monday. 79.46-79.49 (previous 79.40-79.40).
Published 07 Mar, 2017 12:00am
Indonesia faces 'huge' challenges for Asian Games: OCA

Indonesia faces 'huge' challenges for Asian Games: OCA

The Olympic Council of Asia (OCA) warned Monday that Indonesia faces "huge" challenges to prepare for the 2018 Asian Games, criticising a lack of coordination between different bodies organising the event. Jakarta was awarded the games in 2014 after the o
Published 07 Mar, 2017 12:00am
Euro falls in Europe as Juppe rules out presidential bid
Currency

Euro falls in Europe as Juppe rules out presidential bid

The euro fell on Monday after former French prime minister Alain Juppe ruled out standing in the country's presidential elections, which investors saw as increasing the likelihood of a victory by anti-EU leader Marine Le Pen.
Published 07 Mar, 2017 12:00am
Bangladesh skipper targets new Galle run fest

Bangladesh skipper targets new Galle run fest

Skipper Mushfiqur Rahim urged Bangladesh's batsmen to fill their boots again when they begin their Test series against Sri Lanka Tuesday on a ground where they made history last time round. Bangladesh scored 638 in their first innings of the 2013 match in
Published 07 Mar, 2017 12:00am
Early trade in New York: dollar rises versus euro
Currency

Early trade in New York: dollar rises versus euro

The dollar rose against the euro on Monday after a former French prime minister ruled out standing in the country's presidential elections, a development seen as likely boosting the chances of anti-European Union candidate Marine Le Pen.
Published 07 Mar, 2017 12:00am
Ibrahimovic, Mings charged over Old Trafford clash

Ibrahimovic, Mings charged over Old Trafford clash

Manchester United striker Zlatan Ibrahimovic and Bournemouth defender Tyrone Mings were charged with violent conduct on Monday over two incidents in Saturday's 1-1 draw. Mings appeared to deliberately stamp on Ibrahimovic's head as he jumped over him late
Published 07 Mar, 2017 12:00am
Dollar takes breather in Asian trade
Currency

Dollar takes breather in Asian trade

The dollar slipped in Asian trading on Monday, as investors locked in gains after its rise last week on growing expectations of a US interest rate hike later this month. Market participants also kept a wary eye on developments in North Korea, which fired
Published 07 Mar, 2017 12:00am
Misbah to lead Pakistan in West Indies tour

Misbah to lead Pakistan in West Indies tour

Pakistan's ageing Test captain Misbah-ul-Haq on Monday made himself available for next month's series in the West Indies, ignoring entreaties from ex-players to call time on his illustrious career following a slew of poor results.
Published 07 Mar, 2017 12:00am
Yuan moves up

Yuan moves up

China's yuan firmed against the dollar on Monday, after the central bank set a stronger midpoint and the greenback dipped, but gains were capped by some corporate dollar purchases. The People's Bank of China set the midpoint rate at 6.8790 per dollar prio
Published 07 Mar, 2017 12:00am
Malaysia bans team from North Korea match

Malaysia bans team from North Korea match

Malaysia has banned its football team from playing an Asian Cup match in Pyongyang citing security threats as diplomatic relations between the two countries soured dramatically after the killing of Kim Jong-Nam, officials said Monday.
Published 07 Mar, 2017 12:00am
Sanchez bust-up reports 'completely false': Wenger

Sanchez bust-up reports 'completely false': Wenger

Arsenal manager Arsene Wenger dismissed reports of a training-ground bust-up involving star forward Alexis Sanchez as "completely false" on Monday. The 28-year-old was reported to have stormed off the training pitch last week before becoming involved in a
Published 07 Mar, 2017 12:00am
Panasonic showcases latest consumer appliances

Panasonic showcases latest consumer appliances

Panasonic Marketing Middle East & Africa (PMMAF) showcased its latest consumer electronics products in appliances, audio visual, health & beauty products exclusively for dealers in Punjab and Khyber Pakhtunkhwaat at the convention organised on March 1st 2
Published 07 Mar, 2017 12:00am
Pujara leads India's revival in 2nd Test

Pujara leads India's revival in 2nd Test

Australian seamer Josh Hazlewood Monday acknowledged the second Test hung in the balance after India's Cheteshwar Pujara hit an unbeaten half-century to lead the hosts' fightback on day three in Bangalore.
Published 07 Mar, 2017 12:00am
Coal-fired power plant: all set to achieve financial close by June

Coal-fired power plant: all set to achieve financial close by June

The 1320MW imported coal fired power plant being constructed by China Power Hub Generation Company (CPHGC), a joint venture company between Hubco and China Power International Holding Limited (CPIH), is all set to achieve its financial close by June 2017
Published 07 Mar, 2017 12:00am
India still learning review system, says Bangar

India still learning review system, says Bangar

Indian batting coach Sanjay Bangar said Monday his team was still coming to grips with cricket's decision review system after players were accused of squandering their appeals during the ongoing Test against Australia. India ended its long resistance to u
Published 07 Mar, 2017 12:00am
Iran issues tender to buy Indian rice

Iran issues tender to buy Indian rice

Iran's state grains buyer GTC has issued an international tender to buy at least 10,000 tonnes of rice to be sourced from India, European traders said on Monday.
Published 07 Mar, 2017 12:00am
Freight rates for VLCCs fall to four-month lows

Freight rates for VLCCs fall to four-month lows

Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an uncertain direction next week as refinery maintenance and excess tonnage pressure rates even as owners resist moves by charterers to push rates lower, br
Published 07 Mar, 2017 12:00am
Palm oil mostly firmer on European vegoils market

Palm oil mostly firmer on European vegoils market

Palm oil on the European vegetable oils market was offered mostly firmer on Friday ahead of next week's Price Outlook Conference in Kuala Lumpur and MPOB supply/demand data due on March 10.
Published 07 Mar, 2017 12:00am
Jubilee Insurance awarded with Corporate Excellence Award

Jubilee Insurance awarded with Corporate Excellence Award

The 32nd MAP awards ceremony was conducted at local hotel under supervision of Management Association of Pakistan, in which Jubilee General Insurance was awarded with Corporate Excellence Award for their best performance in financial category.
Published 07 Mar, 2017 12:00am
PMEX daily trading report

PMEX daily trading report

On Friday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,109. The total traded value was recorded at PKR 6.24 billion and the number of lots traded was 11,103.
Published 07 Mar, 2017 12:00am
Subdued business on cotton market
Cotton

Subdued business on cotton market

Subdued business was seen on the week-opening day due to tight supply of quality lint, dealers said on the cotton market on Monday. The official spot rate unchanged at Rs 6750, they said. In Punjab prices were unchanged at Rs 3400-3750, as per 40 kg, they
Published 07 Mar, 2017 12:00am
EU spring barley sowing starts after mild end to winter

EU spring barley sowing starts after mild end to winter

A mild end to winter has helped European Union farmers start sowing spring barley and wetter conditions since last week could boost crop prospects even if rain slows field work. The barley crop area is likely to be adjusted only slightly as farmers weigh
Published 07 Mar, 2017 12:00am
CM Sindh pays tribute to late Abdullah Murad

CM Sindh pays tribute to late Abdullah Murad

Abdullah Murad was the name of struggle upholding the rights of poor people of Malir and a man of integrity and loyalty with his people and the party.
Published 07 Mar, 2017 12:00am
China steel futures slump to one-week low

China steel futures slump to one-week low

Chinese steel futures slid to one-week low on Friday as investors booked profit amid mixed sentiment and a cloudy near-term outlook in the world's top producer of the metal. The most active rebar futures contract on the Shanghai Futures Exchange dropped t
Published 07 Mar, 2017 12:00am
Rains likely this week

Rains likely this week

The Met Office on Monday forecast for the March's first spell of rains expected in the current week in the country. It said that "another westerly wave (weather system) is likely to enter in Pakistan during next 24 hours and likely to persist till Saturda
Published 07 Mar, 2017 12:00am
CBOT wheat futures mostly steady

CBOT wheat futures mostly steady

Chicago Board of Trade wheat futures were mostly steady on Friday, with concerns about exports and weakness in MGEX spring wheat limiting gains despite technical strength. CBOT soft red winter wheat for May delivery found support near its 30-day moving av
Published 07 Mar, 2017 12:00am
44 CSA Lahore officers visit HCCI

44 CSA Lahore officers visit HCCI

The 44 common training officers of Civil Services Academy Lahore on Sunday night visited the Hyderabad Chamber of Commerce and Industry (HCCI). On that occasion the Senior Vice President of HCCI Turab Ali Khawaja said that HCCI is playing the role of brid
Published 07 Mar, 2017 12:00am
CBOT soyabeans futures slightly higher

CBOT soyabeans futures slightly higher

Chicago Board of Trade soyabean futures closed slightly higher on Friday, with technical buying supporting prices after early declines, traders said. Buyers stepped into the market after the benchmark Chicago Board of Trade May soyabean futures contract f
Published 07 Mar, 2017 12:00am
Prize distribution ceremony of Pakistan Flower Show held

Prize distribution ceremony of Pakistan Flower Show held

The prize distribution ceremony of 66th Pakistan Flower Show 2017 was held at Horticulture Society of Pakistan (HSP) Garden in DHA Phase-II in which winner organisations, groups and individuals were awarded trophies and prizes. Veteran politician Sardar S
Published 07 Mar, 2017 12:00am
Turkey seeks to buy EU wheat

Turkey seeks to buy EU wheat

Turkey's state grain board TMO has issued a series of international tenders to purchase a total of about 130,000 tonnes of milling wheat to be sourced from the European Union, European traders said on Friday. The tenders close on March 8, they said.
Published 07 Mar, 2017 12:00am
Zardari condemns Mohmand attack

Zardari condemns Mohmand attack

Former president of Pakistan and president Pakistan People's Party Parliamentarians Asif Ali Zardari strongly condemned attack on Pakistani check post in Mohmand Agency and expressed grief and sorrow over the martyrdom of army personnel.
Published 07 Mar, 2017 12:00am
PU Counsel gets last opportunity for submitting reply

PU Counsel gets last opportunity for submitting reply

The Lahore High Court on Monday gave last opportunity to Punjab University's counsel and adjourned to March 14 a petition challenging functioning of equivalence department of the varsity. The court observed that prima facie the functioning of equivalence
Published 07 Mar, 2017 12:00am
US MIDDAY: gold falls
Currency

US MIDDAY: gold falls

Gold fell for the third straight session on Monday, but hovered above Friday's two-week low, pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to US interest rates this month. Spot gold was down 0.6
Published 07 Mar, 2017 12:00am
Punjab Assembly session adjourns due to lack of quorum

Punjab Assembly session adjourns due to lack of quorum

Due to lack of quorum on Monday, the debate on pre-budget discussion could not be started in the 27th session of Punjab Assembly. Despite the efforts of ruling PML-N, legislator Rana Arshad was unable to complete the quorum. Speaker Rana Iqbal referred th
Published 07 Mar, 2017 12:00am
US MIDDAY: wheat rallies; soya up

US MIDDAY: wheat rallies; soya up

Chicago Board of Trade wheat futures rose 1.2 percent early on Monday to their highest since mid-February, supported by concerns about dry conditions hampering crop development in the US Plains, traders said. Falling production in Australia and strong exp
Published 07 Mar, 2017 12:00am
ICCO sees global cocoa surplus of 264,000 tonnes

ICCO sees global cocoa surplus of 264,000 tonnes

Cocoa production is set to climb by almost 15 percent in 2016/17 (October/September) leading to a global surplus of 264,000 tonnes, the International Cocoa Organization said last Tuesday in its first forecast for the season.
Published 07 Mar, 2017 12:00am
PEF director's appointment challenged in Lahore High Court

PEF director's appointment challenged in Lahore High Court

The LHC issued notices for May 02 in a petition challenging appointment of Punjab Education Foundation's Director for Academic Development Unit. A bar member, Ch Shoaib Saleem, contended in his petition that director academic development Ayesha Numan was
Published 07 Mar, 2017 12:00am
Gold steadies in European trade
Currency

Gold steadies in European trade

Gold steadied on Monday after falling to two-week lows in the previous session on comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to US interest rates this month. Spot gold was down 0.2 percent at $1,231.1 an o
Published 07 Mar, 2017 12:00am
Experts highlight importance of research culture in universities

Experts highlight importance of research culture in universities

Speakers at the concluding ceremony of a 3-day training workshop have highlighted the importance of research culture in the universities of Pakistan and said, "There is need to foster research culture especially in the institutions for higher learning to
Published 07 Mar, 2017 12:00am
Gold little changed in Asia

Gold little changed in Asia

Gold was little changed on Monday, supported by safe haven interest amid rising geopolitical tensions over North Korea and a weaker dollar. Investors are closely watching developments after the reclusive state fired four ballistic missiles into the sea of
Published 07 Mar, 2017 12:00am
Enemies, terrorists defeated through PSL final: Shahbaz

Enemies, terrorists defeated through PSL final: Shahbaz

Chief Minister Punjab Shahbaz Sharif Monday said that whole nation from Peshawar to Karachi displayed complete solidarity and unity in the final match of PSL, which was not a competition of cricket but a match against the country's enemies and Pakistani n
Published 07 Mar, 2017 12:00am
Cocoa consolidates, sugar and coffee edge higher

Cocoa consolidates, sugar and coffee edge higher

New York cocoa futures were little changed on Monday, with the market's rebound from last week's 9-1/2 year low appearing to have run out of steam, while raw sugar and coffee edged higher. May New York cocoa rose $1, or 0.05 percent, to $1,956 a tonne by
Published 07 Mar, 2017 12:00am
Palm oil up for fifth day tracking stronger soyaoil

Palm oil up for fifth day tracking stronger soyaoil

Malaysian palm oil futures climbed to their highest levels in two weeks on Monday, charting a fifth straight day of gains on stronger soyaoil and forecasts of weaker output.
Published 07 Mar, 2017 12:00am
Campus France Information Centre opened at UET

Campus France Information Centre opened at UET

The Embassy of France has inaugurated the "Campus France Information Center" at University of Engineering and Technology, Peshawar. This was stated by French Ambassador Martine Dorrance during her visit to the university. She met the Vice Chancellor, UET
Published 07 Mar, 2017 12:00am
Lahore Gymkhana elections today

Lahore Gymkhana elections today

The annual elections of Lahore Gymkhana Club will take place today. More than 5,000 permanent members of the Club will elect a 12-member management committee for a period of three years. The committee members will elect their chairman to run the affairs u
Published 07 Mar, 2017 12:00am
Sharjeel's protective bail dismissed by Lahore High Court

Sharjeel's protective bail dismissed by Lahore High Court

The Lahore High Court on Monday dismissed a bail application of former Sindh Information Minister Sharjeel Inam Memon facing corruption reference before an accountability court of Karachi. The petitioner's counsel sought protective bail to Memon as he wan
Published 07 Mar, 2017 12:00am
Rubber rises
Currency

Rubber rises

Benchmark Tokyo rubber futures ended up 1.1 percent on Monday after hitting their highest in more than a week earlier, but the gains were capped by a stronger yen, which makes Japanese currency-denominated assets more expensive when purchased in other cur
Published 07 Mar, 2017 12:00am
PESCO nabs 113 pilferers

PESCO nabs 113 pilferers

Peshawar Electricity Supply Company (PESCO) on Monday held as many as 113 power pilferers during crackdown against power pilferage in provincial capital. PESCO Surveillance WAPDA House team raided in different areas of Peshawar Circle and nabbed 113 accus
Published 07 Mar, 2017 12:00am
FTSE edges back

FTSE edges back

Britain's blue chip FTSE 100 index edged down on Monday as weakness in mining stocks outweighed the positive impact of a potential 11 billion pound merger between Scottish fund managers Standard Life and Aberdeen Asset Management. The index was down 0.3 p
Published 07 Mar, 2017 12:00am
Gold steadies in European trade
Currency

Gold steadies in European trade

Gold steadied on Monday after falling to two-week lows in the previous session on comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to US interest rates this month. Spot gold was down 0.2 percent at $1,231.1 an o
Published 07 Mar, 2017 12:00am
PSA targets Opel turnaround as GM exits Europe

PSA targets Opel turnaround as GM exits Europe

France's PSA Group plans to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new European car company to challenge market leader Volkswagen.
Published 07 Mar, 2017 12:00am
ICCO sees global cocoa surplus of 264,000 tonnes

ICCO sees global cocoa surplus of 264,000 tonnes

Cocoa production is set to climb by almost 15 percent in 2016/17 (October/September) leading to a global surplus of 264,000 tonnes, the International Cocoa Organization said last Tuesday in its first forecast for the season.
Published 07 Mar, 2017 12:00am
PSA targets Opel turnaround as GM exits Europe

PSA targets Opel turnaround as GM exits Europe

France's PSA Group plans to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new European car company to challenge market leader Volkswagen.
Published 07 Mar, 2017 12:00am
US MIDDAY: wheat rallies; soya up

US MIDDAY: wheat rallies; soya up

Chicago Board of Trade wheat futures rose 1.2 percent early on Monday to their highest since mid-February, supported by concerns about dry conditions hampering crop development in the US Plains, traders said. Falling production in Australia and strong exp
Published 07 Mar, 2017 12:00am
US MIDDAY: gold falls
Currency

US MIDDAY: gold falls

Gold fell for the third straight session on Monday, but hovered above Friday's two-week low, pressured by comments from Federal Reserve Chair Janet Yellen that reinforced expectations of an increase to US interest rates this month. Spot gold was down 0.6
Published 07 Mar, 2017 12:00am
Turkey seeks to buy EU wheat

Turkey seeks to buy EU wheat

Turkey's state grain board TMO has issued a series of international tenders to purchase a total of about 130,000 tonnes of milling wheat to be sourced from the European Union, European traders said on Friday. The tenders close on March 8, they said.
Published 07 Mar, 2017 12:00am
CBOT soyabeans futures slightly higher

CBOT soyabeans futures slightly higher

Chicago Board of Trade soyabean futures closed slightly higher on Friday, with technical buying supporting prices after early declines, traders said. Buyers stepped into the market after the benchmark Chicago Board of Trade May soyabean futures contract f
Published 07 Mar, 2017 12:00am
CBOT wheat futures mostly steady

CBOT wheat futures mostly steady

Chicago Board of Trade wheat futures were mostly steady on Friday, with concerns about exports and weakness in MGEX spring wheat limiting gains despite technical strength. CBOT soft red winter wheat for May delivery found support near its 30-day moving av
Published 07 Mar, 2017 12:00am
Previous Day