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Archive - 2017-11-30
PR links acceptance of China's offer to ''favourable'' conditions

PR links acceptance of China's offer to ''favourable'' conditions

Railways Minister Khawaja Saad Rafique Wednesday announced that Chinese financing of over $8 billion for Pakistan Railways (PR) under China-Pakistan Economic Corridor (CPEC) would not be accepted if it does not offer favourable conditions. "Due to politic
Updated 04 Dec, 2017 12:05pm
Google launches Datally app  
Industry

Google launches Datally app  

KARACHI: Google on Thursday announced Datally, a smart and simple Android app that helps smartphone users understand, co
Published 30 Nov, 2017 05:51pm
Eid Milad-Ul-Nabi (PBUH)
Featured Photos

Eid Milad-Ul-Nabi (PBUH)

Attractive view of an illuminated Memon mosque, in connection with Celebrated of Eid Milad-Ul-Nabi the birthday of P
Published 30 Nov, 2017 03:04pm
PSX’s year of fear
Stocks

PSX’s year of fear

When they are not playing Ludo, they are killing flies. What else there is to do at the Pakistan Stock Exchange these da
Updated 30 Nov, 2017 02:57pm
IHC on military's role

IHC on military's role

After the controversial agreement arrived at between the government and the Tehreek Labbaik Ya Rasool Allah (TLYRA) to bring an end to the sit-in in Islamabad and the rest of the country, Justice Shaukat Aziz Siddiqui of the Islamabad High Court (IHC) sum
Updated 30 Nov, 2017 10:48am
Economic cost of dharna

Economic cost of dharna

The Tehreek Labbaik Ya Rasool Allah (TLYRA) sit-in in the federal capital that finally ended on Monday last not only caused tremendous transport inconvenience to those who routinely ply the roads between the twin cities, the economic losses too were no le
Updated 30 Nov, 2017 10:28am
New energy: gains and pains
Oil and Gas

New energy: gains and pains

Pakistan is adding around 21000MW between FY17-22; and all the additions are in better fuel options than existing heavy
Updated 30 Nov, 2017 08:15am
FTSE lags European bounce as Brexit breakthrough hopes lift pound

FTSE lags European bounce as Brexit breakthrough hopes lift pound

Britain's FTSE fell on Wednesday, lagging a broad-based rebound in European shares as reports of a breakthrough in Brexit talks lifted sterling, hurting the internationally exposed index. The FTSE was down 0.6 percent by 0849 GMT, while the pan-European S
Published 30 Nov, 2017 12:00am
Southeast Asian stocks: Philippines extends losses; Thailand gains

Southeast Asian stocks: Philippines extends losses; Thailand gains

Philippine shares fell on Wednesday, set for a third consecutive day of losses, while other markets trod water as investors assessed North Korea's latest missile test. North Korea said it had successfully tested a powerful new intercontinental ballistic m
Published 30 Nov, 2017 12:00am
Sri Lankan shares flat

Sri Lankan shares flat

Sri Lankan shares ended largely unchanged on Wednesday, hovering near an over two-month closing low hit in the previous session, as gains in diversified shares offset losses in financials. The Colombo Stock Index ended 0.31 points up at 6,405.53, near its
Published 30 Nov, 2017 12:00am
European shares gain, led by retailers, financials

European shares gain, led by retailers, financials

European shares rose on Wednesday, reaching their highest level in more than two weeks as retail stocks and financials gained, although Britain's FTSE was hurt by a jump in sterling after reports of a breakthrough in Brexit talks. The pan-European STOXX 6
Published 30 Nov, 2017 12:00am
Saudi index edges up after settlements in corruption probe

Saudi index edges up after settlements in corruption probe

Saudi Arabia's stock market edged up in early trade on Wednesday after news that senior prince Miteb bin Abdullah had been freed after reaching a settlement agreement with investigators in the country's corruption probe by paying more than $1 billion. Apa
Published 30 Nov, 2017 12:00am
Australian shares up, New Zealand flat

Australian shares up, New Zealand flat

Australian shares climbed on Wednesday, spurred by a record night on Wall Street ahead of a key US tax vote, with financials and material stocks boosting the benchmark. US Senate Republicans pushed forth with President Donald Trump's tax-cut bill on Tuesd
Published 30 Nov, 2017 12:00am
Treasury yields drift higher

Treasury yields drift higher

US Treasury yields inched higher on Tuesday, as risk appetite improved with Wall Street shares hitting record highs after upbeat consumer confidence data and a Senate panel vote to advance a US tax bill. The full Senate is expected to begin debating the t
Published 30 Nov, 2017 12:00am
Treasury yields drift higher

Treasury yields drift higher

US Treasury yields inched higher on Tuesday, as risk appetite improved with Wall Street shares hitting record highs after upbeat consumer confidence data and a Senate panel vote to advance a US tax bill. The full Senate is expected to begin debating the t
Published 30 Nov, 2017 12:00am
Hong Kong shares fall

Hong Kong shares fall

Hong Kong shares ended Wednesday lower despite gains on Wall Street, with investors' risk appetite curbed by North Korea's latest missile test. At close of trade, the Hang Seng index was down 57.02 points or 0.19 percent at 29,623.83. The Hang Seng China
Published 30 Nov, 2017 12:00am
Surging banks lead Wall Street to highs as tax plan advances

Surging banks lead Wall Street to highs as tax plan advances

Wall Street surged to record highs on Tuesday led by sharp gains in bank stocks, and boosted by progress for a tax cut bill, strong consumer confidence data and encouraging comments from President Donald Trump's nominee to lead the Federal Reserve. The S&
Published 30 Nov, 2017 12:00am
Shanghai stocks soar
Exchange

Shanghai stocks soar

Shanghai stocks reversed early losses to end firmer on Wednesday, bolstered by a surge in property shares and resources firms. At the close, the Shanghai Composite index was up 4.35 points or 0.13 percent at 3,338.00. The blue-chip CSI300 index was down 0
Published 30 Nov, 2017 12:00am
Tokyo stocks higher
Exchange

Tokyo stocks higher

Tokyo stocks closed higher on Wednesday, shrugging off North Korea's latest launch of an intercontinental ballistic missile that splashed down in Japan's exclusive economic zone. The benchmark Nikkei 225 index gained 0.49 percent, or 110.96 points, to clo
Published 30 Nov, 2017 12:00am
Indian shares higher

Indian shares higher

Indian shares edged higher on Wednesday on hopes data this week would show economic growth recovering in the July-September quarter, though broader gains were capped as sentiment turned cautious after a missile test by North Korea. India's gross domestic
Published 30 Nov, 2017 12:00am
CBOT wheat futures modestly up

CBOT wheat futures modestly up

Chicago Board of Trade soft red winter wheat futures closed modestly higher Tuesday on a late round of bargain-buying after most months fell to contract lows, traders said. Plentiful global supplies and strong competition for export business continued to
Published 30 Nov, 2017 12:00am
Stable trend seen on cotton market
Cotton

Stable trend seen on cotton market

Fresh buying interest helped the rates to keep present levels on the cotton market on Wednesday in the process of trading, dealers said. The official spot rate was unchanged at Rs 6,600, they said. In Sindh, seed cotton prices were same at Rs 2800-3350, i
Published 30 Nov, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 141,650 tonnes of cargo comprising 127,844 tonnes of import cargo and 13,806 tonnes of export cargo including 6,182 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of
Published 30 Nov, 2017 12:00am
US natural gas futures jump on heating demand

US natural gas futures jump on heating demand

US natural gas futures jumped 5 percent on Tuesday ahead of expiration of the December contract on forecasts for more heating demand next week than previously projected. Gas futures have been on a roller-coaster ride since the US Thanksgiving Day holiday
Published 30 Nov, 2017 12:00am
EU wheat prices fall to new contract lows
Exchange

EU wheat prices fall to new contract lows

European wheat prices fell to new contact lows on Tuesday in the wake of a fall on US markets, shrugging off the impact of strong international demand and a firmer euro against the dollar. Most traded milling wheat March on Paris-based Euronext, unofficia
Published 30 Nov, 2017 12:00am
CBOT soyabean futures drift lower

CBOT soyabean futures drift lower

Chicago Board of Trade soyabean futures drifted lower Tuesday on wetter forecasts for crop areas of Argentina and spillover weakness from declines in corn futures, traders said. Crop weather remains generally favourable in Brazil, the world's top soyabean
Published 30 Nov, 2017 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,119. The traded value of Metals, Energy and COTS/FX was recorded at PKR 9.984 billion and the number of lots traded was 14,931. Major business was contributed by gold amo
Published 30 Nov, 2017 12:00am
Banks view turning branches to subsidiaries as Brexit 'red line'

Banks view turning branches to subsidiaries as Brexit 'red line'

Foreign banks in Britain view any attempt to make them convert their branches to subsidiaries after Brexit as a "red line" which would likely cause them to rethink their presence in the country, an industry report said on Wednesday. Deputy Governor of the
Published 30 Nov, 2017 12:00am
Canada opens WTO case against US over lumber duties

Canada opens WTO case against US over lumber duties

Canada on Tuesday formally opened a case against the United States at the World Trade Organization over a recent Commerce Department decision to impose duties on Canadian lumber exports, the foreign ministry said. A ministry statement said Canada would fo
Published 30 Nov, 2017 12:00am
Norway's economy vulnerable to house prices

Norway's economy vulnerable to house prices

Norway's rising household debt burden and still-high housing prices make the economy vulnerable to an economic downturn, the country's Financial Supervisory Authority (FSA) said in a semi-annual report on Wednesday. While housing prices have fallen somewh
Published 30 Nov, 2017 12:00am
French banks did not break rules with National Front account closures

French banks did not break rules with National Front account closures

French bank Societe Generale and its Credit Du Nord subsidiary did not violate banking regulations in shutting down the accounts of the far-right National Front party, the Bank of France said on Tuesday. National Front chief Marine Le Pen last week accuse
Published 30 Nov, 2017 12:00am
Daimler rebuffs Geely offer to buy stake

Daimler rebuffs Geely offer to buy stake

Daimler AG has turned down an offer from China's Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted, sources with knowledge of the talks said. A
Published 30 Nov, 2017 12:00am
Cash and history keep Europe as Africa's prime partner
Exchange

Cash and history keep Europe as Africa's prime partner

Hard cash but also the intangible ties of history have kept Europe in pole position as Africa's main partner, even if an influx of Chinese investment is prompting many African countries to look eastward. Successive years of hefty spending, particularly in
Published 30 Nov, 2017 12:00am
US economic growth fastest in three years

US economic growth fastest in three years

The US economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, buoyed by robust business spending on equipment and an accumulation of inventories. Gross domestic product expanded at a 3.3 percent annual
Published 30 Nov, 2017 12:00am
ECB warns on Bitcoin bonanza
Currency

ECB warns on Bitcoin bonanza

The vice-president of the European Central Bank on Wednesday expressed concern about the relentless rise in value of the virtual currency Bitcoin and the potential risk accompanying the trend. "It's a very particular asset, it's a speculative asset by def
Published 30 Nov, 2017 12:00am
Eurozone stability risks contained but remain aplenty: ECB

Eurozone stability risks contained but remain aplenty: ECB

Risks to euro zone financial stability remain contained, supported by an ever-broader economic expansion, even if the bloc continues to face a list of vulnerabilities, the European Central Bank said in a stability report on Wednesday. With 18 straight qua
Published 30 Nov, 2017 12:00am
German inflation outstrips forecasts in November

German inflation outstrips forecasts in November

Inflation in Germany grew faster than expected in November, official data showed Wednesday, welcome news for the European Central Bank as it begins to wind down its price growth-stoking policies. Prices in Europe's largest economy increased 1.8 percent ye
Published 30 Nov, 2017 12:00am
Burkina, France launch West Africa's biggest solar plant

Burkina, France launch West Africa's biggest solar plant

Burkina Faso and France on Wednesday launched West Africa's biggest solar farm, a 33-megawatt facility designed to power tens of thousands of households and ease dependence on imported energy. The 55-hectare (135-acre) outside the Burkinabe capital Ouagad
Published 30 Nov, 2017 12:00am
Eurozone sentiment booms, inflation expectations grow
Currency

Eurozone sentiment booms, inflation expectations grow

Eurozone economic sentiment rose in November for the sixth consecutive month to its highest level in more than 17 years, data from the European Commission showed on Wednesday, while inflation expectations grew. The new rise confirmed the solid economic re
Published 30 Nov, 2017 12:00am
Greece debuts e-foreclosures

Greece debuts e-foreclosures

Greece on Wednesday debuted electronic foreclosures to address a huge private debt pile burdening banks as its international creditors returned for a scheduled review of the country's economic performance. Riot police guarded a notary office in central At
Published 30 Nov, 2017 12:00am
Japan retail sales suffer first annual fall in a year

Japan retail sales suffer first annual fall in a year

Annual Japanese retail sales fell for the first time in a year last month, government data showed on Wednesday, as poor weather including two typhoons kept consumers away from stores and restaurants. Retail sales edged down 0.2 percent in October compared
Published 30 Nov, 2017 12:00am
Spanish taxi drivers protest against Uber, Cabify

Spanish taxi drivers protest against Uber, Cabify

Thousands of taxi drivers protested Wednesday in Madrid to ask the government to better regulate ride-hailing services such as Uber and Cabify. Throwing firecrackers and lighting flares, the protesters clashed with police near parliament. Barriers blockin
Published 30 Nov, 2017 12:00am
LSE chief Rolet hastens departure on 'unwelcome publicity'
Exchange

LSE chief Rolet hastens departure on 'unwelcome publicity'

London Stock Exchange chief executive Xavier Rolet has left his post, the group said Wednesday, bringing forward a planned departure after blaming 'unwelcome publicity' surrounding talk that he had been forced to step down. "London Stock Exchange Group pl
Published 30 Nov, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Nov, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 30 Nov, 2017 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 30 Nov, 2017 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 30 Nov, 2017 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
Bill buying rates per unit of currency
Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 29, 2017).
Published 30 Nov, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
Coal-fired power project at PQ: PM inaugurates first unit

Coal-fired power project at PQ: PM inaugurates first unit

Reiterating the PML-N government's unwavering resolve towards strengthening and taking forward democracy in the country, Prime Minister Shahid Khaqan Abbasi Wednesday said Pakistan's future lied in democracy and there were no choices. "Elections will be h
Published 30 Nov, 2017 12:00am
Coal-fired power project at PQ: PM inaugurates first unit

Coal-fired power project at PQ: PM inaugurates first unit

Reiterating the PML-N government's unwavering resolve towards strengthening and taking forward democracy in the country, Prime Minister Shahid Khaqan Abbasi Wednesday said Pakistan's future lied in democracy and there were no choices. "Elections will be h
Published 30 Nov, 2017 12:00am
Coal-fired power project at PQ: PM inaugurates first unit

Coal-fired power project at PQ: PM inaugurates first unit

Reiterating the PML-N government''s unwavering resolve towards strengthening and taking forward democracy in the country, Prime Minister Shahid Khaqan Abbasi Wednesday said Pakistan''s future lied in democracy and there were no choices. "Elections will be
Published 30 Nov, 2017 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange witnessed a mixed trend Wednesday. However, late buying in select stocks supported the market to close in positive territory. BRIndex100 closed at 4,225.68 points, up 5.76 points or 0.14 percent. BRIndex100 touched intraday high of
Published 30 Nov, 2017 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange witnessed a mixed trend Wednesday. However, late buying in select stocks supported the market to close in positive territory. BRIndex100 closed at 4,225.68 points, up 5.76 points or 0.14 percent. BRIndex100 touched intraday high of
Published 30 Nov, 2017 12:00am
BRIndex100 inches up
Exchange

BRIndex100 inches up

Pakistan Stock Exchange witnessed a mixed trend Wednesday. However, late buying in select stocks supported the market to close in positive territory. BRIndex100 closed at 4,225.68 points, up 5.76 points or 0.14 percent. BRIndex100 touched intraday high of
Published 30 Nov, 2017 12:00am
PC to reboot sell-off business

PC to reboot sell-off business

The Privatization Commission (PC) will proceed for privatization of power sector distribution companies as well as insurance and banking sector transactions in a week contingent upon the approval of the Cabinet Committee of Privatization (CCoP) presided o
Published 30 Nov, 2017 12:00am
PC to reboot sell-off business

PC to reboot sell-off business

The Privatization Commission (PC) will proceed for privatization of power sector distribution companies as well as insurance and banking sector transactions in a week contingent upon the approval of the Cabinet Committee of Privatization (CCoP) presided o
Published 30 Nov, 2017 12:00am
PC to reboot sell-off business

PC to reboot sell-off business

The Privatization Commission (PC) will proceed for privatization of power sector distribution companies as well as insurance and banking sector transactions in a week contingent upon the approval of the Cabinet Committee of Privatization (CCoP) presided o
Published 30 Nov, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 30 Nov, 2017 12:00am
Hudaibiya case: Nawaz held 'responsible' for NAB inaction

Hudaibiya case: Nawaz held 'responsible' for NAB inaction

Top anti-graft watchdog Wednesday claimed that the then Prime Minister, Nawaz Sharif, influenced to keep National Accountability Bureau away from filing an appeal before the Supreme Court for setting aside Lahore High Court verdict in Hudaibiya Paper Mill
Published 30 Nov, 2017 12:00am
Hudaibiya case: Nawaz held 'responsible' for NAB inaction

Hudaibiya case: Nawaz held 'responsible' for NAB inaction

Top anti-graft watchdog Wednesday claimed that the then Prime Minister, Nawaz Sharif, influenced to keep National Accountability Bureau away from filing an appeal before the Supreme Court for setting aside Lahore High Court verdict in Hudaibiya Paper Mill
Published 30 Nov, 2017 12:00am
Afghanistan executes five members of criminal gang

Afghanistan executes five members of criminal gang

Afghanistan on Wednesday executed five members of a gang involved in kidnapping and murder, as the government of the war-torn nation struggles to curb criminals who target foreigners and wealthy locals. The hangings were carried out at Kabul's Pul-e-Chark
Published 30 Nov, 2017 12:00am
Ivanka Trump a 'rockstar' in India, despite criticism

Ivanka Trump a 'rockstar' in India, despite criticism

Ivanka Trump on Wednesday pushed business leaders to change their attitudes toward women at an Indian summit where she has drawn mixed reviews amid criticism over her White House role and clothes brand. US President Donald Trump's eldest daughter stole th
Published 30 Nov, 2017 12:00am
Trump, Democrats spar as US government shutdown looms

Trump, Democrats spar as US government shutdown looms

US President Donald Trump clashed with Democratic leaders in dramatic fashion Tuesday, heaping pressure on Congress to craft a compromise on federal spending or face a crippling government shutdown in 10 days. Hours after the president suggested a funding
Published 30 Nov, 2017 12:00am
Bosnian war criminal takes life 'drinking poison' in UN court drama

Bosnian war criminal takes life 'drinking poison' in UN court drama

In shocking scenes, a Bosnian Croat war criminal took his own life Wednesday in front of UN war crimes judges, apparently drinking poison just after they upheld his 20-year jail term for atrocities committed during the Balkans conflict. Slobodan Praljak,
Published 30 Nov, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee showed no major differences in terms of the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee rose by two paisas against the dollar for buying and selling at Rs 105.47 and Rs 105.48 respectively.
Published 30 Nov, 2017 12:00am
IUCN organizes closing ceremony of USAID funded project

IUCN organizes closing ceremony of USAID funded project

IUCN Pakistan organized the closing ceremony of its USAID funded project titled, "Integrated Approach to Education, Capacity Building and Livelihood Development of Coastal Communities in Sindh and Balochistan Provinces" at a hotel in Karachi. Iffat Malik,
Published 30 Nov, 2017 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee showed no major differences in terms of the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee rose by two paisas against the dollar for buying and selling at Rs 105.47 and Rs 105.48 respectively.
Published 30 Nov, 2017 12:00am
Top women diplomats, defence officials join metoo movement

Top women diplomats, defence officials join metoo movement

More than 220 serving and former US diplomats, defense and national security officials have added their names to the metoo movement, releasing a letter saying that sexual harassment is rife in their professions. In the open letter posted online late Monda
Published 30 Nov, 2017 12:00am
Trump pilloried for retweeting anti-Muslim videos

Trump pilloried for retweeting anti-Muslim videos

President Donald Trump drew fierce condemnation Wednesday after he retweeted three anti-Muslim videos posted by the deputy head of a British far-right group who has been convicted of a hate crime. Trump's actions drew criticism from many quarters, includi
Published 30 Nov, 2017 12:00am
Trump pilloried for retweeting anti-Muslim videos

Trump pilloried for retweeting anti-Muslim videos

President Donald Trump drew fierce condemnation Wednesday after he retweeted three anti-Muslim videos posted by the deputy head of a British far-right group who has been convicted of a hate crime. Trump's actions drew criticism from many quarters, includi
Published 30 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
PM gives deadline for 'viable' textile package

PM gives deadline for 'viable' textile package

Prime Minister Shahid Khaqan Abbasi has given a one week deadline to Ministry of Commerce and Textile to firm up a "viable" package for the textile sector in consultation with other concerned Ministries, well informed sources told Business Recorder.</i
Published 30 Nov, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
PM gives deadline for 'viable' textile package

PM gives deadline for 'viable' textile package

Prime Minister Shahid Khaqan Abbasi has given a one week deadline to Ministry of Commerce and Textile to firm up a "viable" package for the textile sector in consultation with other concerned Ministries, well informed sources told Business Recorder.</i
Published 30 Nov, 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 Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
PM gives deadline for ''viable'' textile package

PM gives deadline for ''viable'' textile package

Prime Minister Shahid Khaqan Abbasi has given a one week deadline to Ministry of Commerce and Textile to firm up a "viable" package for the textile sector in consultation with other concerned Ministries, well informed sources told Business Recorder.</i
Published 30 Nov, 2017 12:00am
Dar asked to appear before court on December 4

Dar asked to appear before court on December 4

Accountability Court Wednesday warned former Finance Minister Ishaq Dar to appear before it on Dec 4 in connection with a corruption reference filed against him for possessing assets beyond known resources; otherwise, he would be declared a proclaimed off
Published 30 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 29, 2017)

Published 30 Nov, 2017 12:00am
Dar asked to appear before court on December 4

Dar asked to appear before court on December 4

Accountability Court Wednesday warned former Finance Minister Ishaq Dar to appear before it on Dec 4 in connection with a corruption reference filed against him for possessing assets beyond known resources; otherwise, he would be declared a proclaimed off
Published 30 Nov, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
PR links acceptance of China's offer to 'favourable' conditions

PR links acceptance of China's offer to 'favourable' conditions

Railways Minister Khawaja Saad Rafique Wednesday announced that Chinese financing of over $8 billion for Pakistan Railways (PR) under China-Pakistan Economic Corridor (CPEC) would not be accepted if it does not offer favourable conditions. "Due to politic
Published 30 Nov, 2017 12:00am
PR links acceptance of China's offer to 'favourable' conditions

PR links acceptance of China's offer to 'favourable' conditions

Railways Minister Khawaja Saad Rafique Wednesday announced that Chinese financing of over $8 billion for Pakistan Railways (PR) under China-Pakistan Economic Corridor (CPEC) would not be accepted if it does not offer favourable conditions. "Due to politic
Published 30 Nov, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (November 29, 2017).

Published 30 Nov, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (November 29, 2017) and the forecast for Thursday (November 30, 2017).

Published 30 Nov, 2017 12:00am
Education: over-diagnosed and under-treated

Education: over-diagnosed and under-treated

We hope Sarmad Masud's My Pure Land manages an Oscar in the foreign language films category. Even if it doesn't, the redoubtable Waderi Nazo Dharejo of Qazi Ahmed, the subject of this inspiring film, has landed one.
Published 30 Nov, 2017 12:00am
Surrender at Faizabad

Surrender at Faizabad

As distressing as it is the humiliating capitulation of the State before a small religio-political party, Tehreek Labbaik Ya Rasool Allah (TLYRA), should not be so surprising. It is symptomatic of a chronic malaise afflicting this state and society: use o
Published 30 Nov, 2017 12:00am
Jihadists go to rehab at '5-star' Saudi centre

Jihadists go to rehab at '5-star' Saudi centre

With its indoor swimming pool, sun-splashed patios and liveried staff, the Saudi complex has the trappings of a five-star resort, but it is actually a rehab centre - for violent jihadists. Riyadh's Mohammed bin Nayef Counselling and Care Centre, a cushy h
Published 30 Nov, 2017 12:00am
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