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Archive - 2017-11-23
Fall of a hero

Fall of a hero

The unceremonious ouster of Zimbabwe President Robert Mugabe from power exemplifies how dictatorial tendencies, insatiable hunger for power, and stubbornness in the face of imminent rout - character traits he shares with our disqualified Prime Minister Na
Updated 24 Nov, 2017 09:04am
Finance minister is an absconder!

Finance minister is an absconder!

The Accountability Court, by declaring Ishaq Dar, the federal Finance Minister, an absconder, nonetheless is powerless to compel Dar or the Abbasi-led cabinet to fire or suspend him. The old mantra of status quo politicians' being investigated for corrupt
Updated 24 Nov, 2017 08:32am
Algerians vote in low-key polls
Africa

Algerians vote in low-key polls

ALGIERS: Algerians voted Thursday in local elections after a low-key campaign that has brought no expectation of change
Published 23 Nov, 2017 08:30pm
Hunza
Featured Photos

Hunza

A beautiful view of sun rays on the colour changing trees during Autumn season at town of Hunza. Copyright APP (
Published 23 Nov, 2017 07:30pm
Lumieres Hong Kong
Featured Photos

Lumieres Hong Kong

A view of light installation during the preview of "Lumieres Hong Kong", the city's first ever light festival, in so
Published 23 Nov, 2017 06:00pm
An artist
Featured Photos

An artist

People walk pass the paintings displays by the local artist side of footpath in F-6 area. INP
Published 23 Nov, 2017 04:45pm
Wooden decoration piece
Featured Photos

Wooden decoration piece

A mirror reflection of a skilled worker making wooden decoration piece at his cabin in Lok Virsa. Copyright APP
Published 23 Nov, 2017 03:20pm
MPS: status quo likely
Banking

MPS: status quo likely

Status quo is our best friend. All the ten market participants BR Research spoke to regarding the monetary policy due to
Updated 23 Nov, 2017 02:19pm
Modi all the way?
Miscellaneous

Modi all the way?

Despite a slowing economy and rising communal tensions, Narendra Modi still remains wildly popular in India more than th
Updated 23 Nov, 2017 01:51pm
Water inflation
Miscellaneous

Water inflation

Going by what Pakistan Bureau of Statistics measures, water inflation in Pakistan isn’t an item on the worry list. But d
Updated 23 Nov, 2017 01:40pm
Martyrdom of Major Ishaq: Zardari offers condolences

Martyrdom of Major Ishaq: Zardari offers condolences

Former president of Pakistan and president Pakistan Peoples Party Parliamentarians (PPPP) Asif Ali Zardari has expressed his profound sorrow and grief over the martyrdom of Major Ishaq. Zardari said that our valiant soldiers are heroes of the nation who o
Updated 23 Nov, 2017 08:14am
MPS tomorrow: policy rate may be kept unchanged

MPS tomorrow: policy rate may be kept unchanged

The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement for next two months on Friday. Independent Monetary Policy Committee headed by Tariq Bajwa Governor SBP will meet on 24th November 2017 at the SBP head office for detailed delibera
Published 23 Nov, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (November 22, 2017) and the forecast for Thursday (November 23, 2017).

Published 23 Nov, 2017 12:00am
MPS tomorrow: policy rate may be kept unchanged

MPS tomorrow: policy rate may be kept unchanged

The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement for next two months on Friday. Independent Monetary Policy Committee headed by Tariq Bajwa Governor SBP will meet on 24th November 2017 at the SBP head office for detailed delibera
Published 23 Nov, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
MPS tomorrow: policy rate may be kept unchanged

MPS tomorrow: policy rate may be kept unchanged

The State Bank of Pakistan (SBP) will unveil the Monetary Policy Statement for next two months on Friday. Independent Monetary Policy Committee headed by Tariq Bajwa Governor SBP will meet on 24th November 2017 at the SBP head office for detailed delibera
Published 23 Nov, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
US soldiers removed from White House detail amid probe

US soldiers removed from White House detail amid probe

Military investigators are probing whether three soldiers who worked in the White House had "improper contact" with foreign women on President Donald Trump's recent Asia trip, The Washington Post reported Tuesday. Officials familiar with the situation tol
Published 23 Nov, 2017 12:00am
Isra University signs MoU with MCB Bank

Isra University signs MoU with MCB Bank

MCB Bank, one of the largest & most innovative banks in Pakistan, has entered into an agreement with leading academic institute Isra University for fee collection and financial services. The agreement was signed by Prof. Dr. Ghulamqadir Kazi of ISRA Unive
Published 23 Nov, 2017 12:00am
Model Town inquiry report: LHC concerned over absence of Punjab CIC

Model Town inquiry report: LHC concerned over absence of Punjab CIC

The Lahore High Court on Wednesday expressed grave concern over unavailability of Punjab Chief Information Commissioner (CIC) and asked the government to submit its reply by November 24 in an intra court appeal of the government assailing a decision of ma
Published 23 Nov, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
UBL reaches Rs 1 billion mark in first-ever PR e-ticketing facility

UBL reaches Rs 1 billion mark in first-ever PR e-ticketing facility

UBL Omni has achieved a milestone of Rs 1 billion in collections for Pakistan Railways under the country's first-ever e-ticketing facility. UBL Omni initiated this project of providing e-ticketing facilities to Pakistan Railways customers for3 trains, in
Published 23 Nov, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (November 22, 2017)

Published 23 Nov, 2017 12:00am
Nawaz challenges PPP's credentials
Exchange

Nawaz challenges PPP's credentials

Former Prime Minister Nawaz Sharif on Wednesday alleged that Pakistan Tehreek-e-Insaf (PTI) is not a political party as it has always adopted dictators' policies, saying it was painful for him to see that Pakistan People's Party (PPP) supported a law made
Published 23 Nov, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
Nawaz challenges PPP's credentials
Exchange

Nawaz challenges PPP's credentials

Former Prime Minister Nawaz Sharif on Wednesday alleged that Pakistan Tehreek-e-Insaf (PTI) is not a political party as it has always adopted dictators' policies, saying it was painful for him to see that Pakistan People's Party (PPP) supported a law made
Published 23 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
PM grants Dar leave of absence

PM grants Dar leave of absence

Finance Minister Ishaq Dar has reportedly been relieved from his duties with the approval of his three months leave by the Prime Minister Shahid Khaqan Abbasi. Two notifications were issued by the Cabinet Division in this regard. First notification issued
Published 23 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 22, 2017).

Published 23 Nov, 2017 12:00am
PM grants Dar leave of absence

PM grants Dar leave of absence

Finance Minister Ishaq Dar has reportedly been relieved from his duties with the approval of his three months leave by the Prime Minister Shahid Khaqan Abbasi. Two notifications were issued by the Cabinet Division in this regard. First notification issued
Published 23 Nov, 2017 12:00am
Credit-default swaps surged in late October?

Credit-default swaps surged in late October?

Pakistan''s credit-default swaps surged in late October and lingered near their highest level since June, reported Bloomberg. It further stated that South Asia''s second-largest economy, Pakistan, faces challenges as it struggles with dwindling foreign re
Published 23 Nov, 2017 12:00am
Credit-default swaps surged in late October?

Credit-default swaps surged in late October?

Pakistan's credit-default swaps surged in late October and lingered near their highest level since June, reported Bloomberg. It further stated that South Asia's second-largest economy, Pakistan, faces challenges as it struggles with dwindling foreign rese
Published 23 Nov, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Wednesday as the rupee maintained overnight levels versus the dollar in process of trading, dealers said. The rupee did not show any visible change versus the dollar for buying and selling at Rs 105.47 and Rs 105.
Published 23 Nov, 2017 12:00am
Credit-default swaps surged in late October?

Credit-default swaps surged in late October?

Pakistan's credit-default swaps surged in late October and lingered near their highest level since June, reported Bloomberg. It further stated that South Asia's second-largest economy, Pakistan, faces challenges as it struggles with dwindling foreign rese
Published 23 Nov, 2017 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Wednesday as the rupee maintained overnight levels versus the dollar in process of trading, dealers said. The rupee did not show any visible change versus the dollar for buying and selling at Rs 105.47 and Rs 105.
Published 23 Nov, 2017 12:00am
Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Miftah Ismail, Special Assistant to the Prime Minister on Economic Affairs, is heading a delegation to conduct road shows in three financial capitals of the world to gauge investor interest in the issuance of Eurobonds and Sukuk. The move has fueled specu
Published 23 Nov, 2017 12:00am
Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Miftah Ismail, Special Assistant to the Prime Minister on Economic Affairs, is heading a delegation to conduct road shows in three financial capitals of the world to gauge investor interest in the issuance of Eurobonds and Sukuk. The move has fueled specu
Published 23 Nov, 2017 12:00am
Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Miftah Ismail, Special Assistant to the Prime Minister on Economic Affairs, is heading a delegation to conduct road shows in three financial capitals of the world to gauge investor interest in the issuance of Eurobonds and Sukuk. The move has fueled specu
Published 23 Nov, 2017 12:00am
Irish minister floats Hong Kong solution for post-Brexit North Ireland

Irish minister floats Hong Kong solution for post-Brexit North Ireland

Irish Foreign Minister Simon Coveney on Wednesday said the arrangement linking Hong Kong with China could be a possible solution for addressing the fate of Northern Ireland after Brexit. The border between EU member Ireland and British-ruled Northern Irel
Published 23 Nov, 2017 12:00am
Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Eurobonds, Sukuk road shows: Miftah heading for financial capitals

Miftah Ismail, Special Assistant to the Prime Minister on Economic Affairs, is heading a delegation to conduct road shows in three financial capitals of the world to gauge investor interest in the issuance of Eurobonds and Sukuk. The move has fueled specu
Published 23 Nov, 2017 12:00am
Fiscal deficit may soar to 8.5 percent

Fiscal deficit may soar to 8.5 percent

The fiscal deficit in the current fiscal year may reach the level the PML-N inherited in 2013 - 8.5 percent - unless a mini budget is unveiled to meet the growing revenue shortfall coupled with a rising expenditure bill compared to what was budgeted. This
Published 23 Nov, 2017 12:00am
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