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Archive - 2017-12-29
WB Country Director meets MoS for Finance
Pakistan Top News

WB Country Director meets MoS for Finance

ISLAMABAD: The World Bank (WB) Country Director, Patchamuthu Illangovan along with members of his team called on Ministe
Published 29 Dec, 2017 03:38pm
Zardari, Qadri discuss APC agenda
Pakistan Top News

Zardari, Qadri discuss APC agenda

LAHORE: Pakistan People's Party Co-chairman and former president Asif Ali Zardari has said that the PPP has always suppo
Published 29 Dec, 2017 10:30pm
Stagnating deposits growth?
Banking

Stagnating deposits growth?

The money supply growth is shrinking this fiscal year so far whilst the lion’s share of the tiny increase is taken by cu
Updated 29 Dec, 2017 11:35am
SBP injects Rs1550bn into market
Top News

SBP injects Rs1550bn into market

KARACHI: State Bank of Pakistan on Friday injected Rs 1,550 billion into money market for seven days as reverse repo
Published 29 Dec, 2017 09:59am
PM chairs ECC meeting
Pakistan Top News

PM chairs ECC meeting

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Friday chaired the meeting of Economic Coordination Committee (ECC
Published 29 Dec, 2017 08:52am
Brokerage houses and the SECP
Stocks

Brokerage houses and the SECP

It has been a rough ride for local stock market investors over the past six months. Having recently touched a 17-month l
Published 29 Dec, 2017 06:57am
Wall Street edges up as tech snaps skid
Exchange

Wall Street edges up as tech snaps skid

US stocks eked out a slight gain on Wednesday, as advances in some major technology stocks offset losses in energy and helped keep major indexes just above the unchanged mark. The S&P technology index was up 0.2 percent and managed to snap a five-session
Published 29 Dec, 2017 12:00am
Thursday's early trade: Indexes slightly higher

Thursday's early trade: Indexes slightly higher

Wall Street's main indexes were slightly higher in late morning trading on Thursday, helped by gains in technology stocks. A mere 0.4 percent rise in Apple led the three indexes higher, an indication of the muted trading activity in the week ahead of the
Published 29 Dec, 2017 12:00am
Tokyo shares fall
Currency

Tokyo shares fall

Tokyo shares slipped Thursday as the yen ticked up in thin trade with investors squaring positions ahead of New Year holidays. The Japanese currency drifted higher on lingering worries over North Korea's missile programme as well as concerns that the yen
Published 29 Dec, 2017 12:00am
Apple and Amazon in talks to set up in Saudi Arabia
Kerb

Apple and Amazon in talks to set up in Saudi Arabia

Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a high-tech look. A third source confirmed that Apple was in
Published 29 Dec, 2017 12:00am
Sudan to end wheat subsidies, private sector to handle imports
Currency

Sudan to end wheat subsidies, private sector to handle imports

Sudan plans to cut wheat subsidies completely under its 2018 budget which will take effect at the beginning of January, and will leave wheat imports to the private sector, a finance ministry official said on Thursday. Bread prices would not increase, howe
Published 29 Dec, 2017 12:00am
Hundreds protest against high prices in Iran

Hundreds protest against high prices in Iran

Hundreds took to the streets of Iran's second largest city of Mashad on Thursday to protest over high prices, shouting slogans against the government. Videos posted on social media showed demonstrators in Mashad in northwest Iran, one of the holiest place
Published 29 Dec, 2017 12:00am
British Airways owner to snap up bankrupt Niki airline

British Airways owner to snap up bankrupt Niki airline

British Airways owner IAG has emerged as the preferred bidder to take over bankrupt Austrian airline Niki, German news agency DPA reported Thursday. "In the search for a solution for the insolvent Air Berlin subsidiary, Niki, everything is pointing to a s
Published 29 Dec, 2017 12:00am
UK mortgage approvals hit 15-month low

UK mortgage approvals hit 15-month low

British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed on Thursday. Banks approved 39,507 mortgages for house purchase last mon
Published 29 Dec, 2017 12:00am
UK mortgage approvals hit 15-month low

UK mortgage approvals hit 15-month low

British banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed on Thursday. Banks approved 39,507 mortgages for house purchase last mon
Published 29 Dec, 2017 12:00am
US home values soar in 2017, renters shell out record

US home values soar in 2017, renters shell out record

In a hot housing market, the value of all US homes soared to a record this year, as did the monthly payments by renters, online real estate giant Zillow said Thursday. With the steady increase in demand for housing driving prices and rents higher, the val
Published 29 Dec, 2017 12:00am
Germany lays charges in Ryanair pilots 'tax fraud' probe

Germany lays charges in Ryanair pilots 'tax fraud' probe

German prosecutors said Thursday they had charged five employees of a British recruitment agency working with Irish low-cost carrier Ryanair over millions of euros in allegedly unpaid social security payments for its pilots. No Ryanair staff were among th
Published 29 Dec, 2017 12:00am
Moody's slashes Steinhoff credit rating

Moody's slashes Steinhoff credit rating

Credit ratings agency Moody's downgraded debt held by embattled South Africa-based home retail giant Steinhoff on Thursday and warned of further downgrades amid "increasing pressure" on the company's cashflow. Moody's said in a statement it was cutting St
Published 29 Dec, 2017 12:00am
Moody's slashes Steinhoff credit rating

Moody's slashes Steinhoff credit rating

Credit ratings agency Moody's downgraded debt held by embattled South Africa-based home retail giant Steinhoff on Thursday and warned of further downgrades amid "increasing pressure" on the company's cashflow. Moody's said in a statement it was cutting St
Published 29 Dec, 2017 12:00am
Russia to cut rates in 2018 to prop up economy in election year
Currency

Russia to cut rates in 2018 to prop up economy in election year

The Russian central bank will continue its rate-cutting cycle next year, propping up consumer demand and the broader economy, a Reuters poll showed on Wednesday. After two years of recession, the economy is forecast to recover further in 2018, a year in w
Published 29 Dec, 2017 12:00am
South Korea factory output barely rebounds

South Korea factory output barely rebounds

South Korea's factory output barely gained in November after contracting a month earlier even as exports have boomed for much of the year, supporting broad consensus that the central bank's monetary tightening next year will be gradual. Industrial output
Published 29 Dec, 2017 12:00am
India to borrow more than budgeted this fiscal

India to borrow more than budgeted this fiscal

India will borrow an additional 500 billion rupees ($7.79 billion) this fiscal year ending March, the government said on Wednesday, a higher-than-expected borrowing that could breach the fiscal deficit target for the first time in four years. Analysts sai
Published 29 Dec, 2017 12:00am
Sri Lanka keeps rates steady to support a sluggish economy

Sri Lanka keeps rates steady to support a sluggish economy

Sri Lanka's central bank kept its benchmark interest rates unchanged on Thursday, saying inflation and private sector credit growth have cooled to a manageable level as policy makers focus on supporting a slowing economy. The monetary authority said high
Published 29 Dec, 2017 12:00am
UK house prices to rise less than inflation; London's to fall

UK house prices to rise less than inflation; London's to fall

British home prices are set to extend a slow march higher next year, in part from a cut in housing transaction tax for new buyers, but London prices will fall for the first time in eight years as Britain prepares to leave the European Union. According a R
Published 29 Dec, 2017 12:00am
Bolivia seeks investors to power up lagging lithium output

Bolivia seeks investors to power up lagging lithium output

Bolivia hopes surging global lithium demand can lure foreign investors to the country where nearly a decade of state-led development has left output far short of goals for the metal, coveted by makers of batteries for devices from laptops to electric cars
Published 29 Dec, 2017 12:00am
Cotton prices attain peak levels
Cotton

Cotton prices attain peak levels

Not since the year 2010/2011 when domestic cotton prices reached Rs 14,000 per maund (37.38 Kgs) have the cotton prices touched Rs 7,700 per maund which is the highest level since the past seven years or so. Rise in global lint prices in America are said
Published 29 Dec, 2017 12:00am
Cotton prices attain peak levels
Cotton

Cotton prices attain peak levels

Not since the year 2010/2011 when domestic cotton prices reached Rs 14,000 per maund (37.38 Kgs) have the cotton prices touched Rs 7,700 per maund which is the highest level since the past seven years or so. Rise in global lint prices in America are said
Published 29 Dec, 2017 12:00am
US Midwest corn, soya bids flat

US Midwest corn, soya bids flat

The bulk of corn and soyabean spot basis bids at elevators, processors and river terminals in the US Midwest on Tuesday were nominally unchanged as some merchants continue to observe extended Christmas holiday time off, dealers said.
Published 29 Dec, 2017 12:00am
Rates to touch new season's high
Cotton

Rates to touch new season's high

Prices may touch new season's high at Rs 8000 on the cotton market owing to shortage of quality cotton, dealers said on Thursday. The official spot rate was unchanged at Rs 7000, they said. In ready session, around 14,000 bales of cotton changed hands bet
Published 29 Dec, 2017 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 153,229 tonnes of cargo comprising 105,515 tonnes of import cargo and 47,714 tonnes of export cargo including 6,553 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 29 Dec, 2017 12:00am
CBOT wheat futures narrowly lower

CBOT wheat futures narrowly lower

Chicago Board of Trade wheat futures were narrowly lower on Tuesday, weighed down by ample global supplies and chart-based selling, traders said. Wheat declined for the second straight session as some investors locked in profits after prices on Friday hit
Published 29 Dec, 2017 12:00am
US Plains HRW wheat bids steady

US Plains HRW wheat bids steady

Spot basis bids for hard red winter (HRW) wheat on Tuesday in the southern US Plains were steady and dull in the midst of continued Christmas holiday observances, dealers said. The Chicago Board of Trade's K.C. March HRW wheat futures contract at 11:46 am
Published 29 Dec, 2017 12:00am
Thailand rice exports to cross a record 11 million tonnes in 2017

Thailand rice exports to cross a record 11 million tonnes in 2017

Thailand expects to export more than 11 million tonnes of rice in 2017, the country's rice export association said on Wednesday, a record high for the world's second-biggest exporter of the grain. "This year it should be 11.2 million tonnes because right
Published 29 Dec, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,197. The traded value of Metals, Energy and COTS/FX was recorded at PKR 2.498 billion and the number of lots traded was 7,229. Major business was contributed by gold PK
Published 29 Dec, 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 29 Dec, 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 29 Dec, 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 Thursday (December 28, 2017).

Published 29 Dec, 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 Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (December 28, 2017).
Published 29 Dec, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Tax issues will be addressed, textile sector told
Cotton

Tax issues will be addressed, textile sector told

The Federal Textile Board (FTB) has assured textile sector that major taxation-related issues would be addressed. The issues include stuck-up sales tax refunds and customs duty drawback, mechanism for zero-rating policy for coal and furnace oil, withdrawa
Published 29 Dec, 2017 12:00am
Tax issues will be addressed, textile sector told
Cotton

Tax issues will be addressed, textile sector told

The Federal Textile Board (FTB) has assured textile sector that major taxation-related issues would be addressed. The issues include stuck-up sales tax refunds and customs duty drawback, mechanism for zero-rating policy for coal and furnace oil, withdrawa
Published 29 Dec, 2017 12:00am
Tax issues will be addressed, textile sector told
Cotton

Tax issues will be addressed, textile sector told

The Federal Textile Board (FTB) has assured textile sector that major taxation-related issues would be addressed. The issues include stuck-up sales tax refunds and customs duty drawback, mechanism for zero-rating policy for coal and furnace oil, withdrawa
Published 29 Dec, 2017 12:00am
Tax issues will be addressed, textile sector told
Cotton

Tax issues will be addressed, textile sector told

The Federal Textile Board (FTB) has assured textile sector that major taxation-related issues would be addressed. The issues include stuck-up sales tax refunds and customs duty drawback, mechanism for zero-rating policy for coal and furnace oil, withdrawa
Published 29 Dec, 2017 12:00am
BRIndex100 extends gains
Exchange

BRIndex100 extends gains

Sentiments at Pakistan Stock Exchange (PSX) remained positive Thursday. The market maintained its uptrend under the lead of blue chips. BRIndex100 gained 22.16 points or 0.52 percent to close at 4,293.24 points up from 4,271.08 points. BRIndex100 touched
Published 29 Dec, 2017 12:00am
BRIndex100 extends gains
Exchange

BRIndex100 extends gains

Sentiments at Pakistan Stock Exchange (PSX) remained positive Thursday. The market maintained its uptrend under the lead of blue chips. BRIndex100 gained 22.16 points or 0.52 percent to close at 4,293.24 points up from 4,271.08 points. BRIndex100 touched
Published 29 Dec, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Dec, 2017 12:00am
BRIndex100 extends gains
Exchange

BRIndex100 extends gains

Sentiments at Pakistan Stock Exchange (PSX) remained positive Thursday. The market maintained its uptrend under the lead of blue chips. BRIndex100 gained 22.16 points or 0.52 percent to close at 4,293.24 points up from 4,271.08 points. BRIndex100 touched
Published 29 Dec, 2017 12:00am
Shipyard at Gwadar port: work to begin soon

Shipyard at Gwadar port: work to begin soon

Chief of the Naval staff, Admiral Zafar Mahmood Abbasi on Thursday said that global scenario in general and regional geo-political situation in particular warrant concrete and long-term policy decisions for achieving self-reliance. While announcing the es
Published 29 Dec, 2017 12:00am
Shipyard at Gwadar port: work to begin soon

Shipyard at Gwadar port: work to begin soon

Chief of the Naval staff, Admiral Zafar Mahmood Abbasi on Thursday said that global scenario in general and regional geo-political situation in particular warrant concrete and long-term policy decisions for achieving self-reliance. While announcing the es
Published 29 Dec, 2017 12:00am
Shipyard at Gwadar port: work to begin soon

Shipyard at Gwadar port: work to begin soon

Chief of the Naval staff, Admiral Zafar Mahmood Abbasi on Thursday said that global scenario in general and regional geo-political situation in particular warrant concrete and long-term policy decisions for achieving self-reliance. While announcing the es
Published 29 Dec, 2017 12:00am
Terrorist organizations: no organized infrastructure exists: ISPR

Terrorist organizations: no organized infrastructure exists: ISPR

Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor Thursday said Pakistan has gone a long way towards supporting peace, while reiterating Pakistan's stance on the US's repetitive demand for the country to "do more." In a p
Published 29 Dec, 2017 12:00am
Terrorist organizations: no organized infrastructure exists: ISPR

Terrorist organizations: no organized infrastructure exists: ISPR

Director General Inter-Services Public Relations (ISPR), Major General Asif Ghafoor Thursday said Pakistan has gone a long way towards supporting peace, while reiterating Pakistan's stance on the US's repetitive demand for the country to "do more." In a p
Published 29 Dec, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Janjua discusses security issues with Nawaz
Exchange

Janjua discusses security issues with Nawaz

National Security Advisor Lieutenant General Nasir Janjua (retd) met Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif at his Jati Umra residence on Thursday and discussed matters pertaining to national security, sources said. During the meeting
Published 29 Dec, 2017 12:00am
Janjua discusses security issues with Nawaz
Exchange

Janjua discusses security issues with Nawaz

National Security Advisor Lieutenant General Nasir Janjua (retd) met Pakistan Muslim League-Nawaz (PML-N) President Nawaz Sharif at his Jati Umra residence on Thursday and discussed matters pertaining to national security, sources said. During the meeting
Published 29 Dec, 2017 12:00am
40 killed in IS-claimed attack targeting Shia centre in Kabul

40 killed in IS-claimed attack targeting Shia centre in Kabul

More than 40 people were killed and dozens wounded in a suicide blast targeting Shia community in Kabul Thursday, officials said, with chaotic scenes at the city's hospitals as anguished families sought loved ones. The Sunni Islamic State group (IS) claim
Published 29 Dec, 2017 12:00am
40 killed in IS-claimed attack targeting Shia centre in Kabul

40 killed in IS-claimed attack targeting Shia centre in Kabul

More than 40 people were killed and dozens wounded in a suicide blast targeting Shia community in Kabul Thursday, officials said, with chaotic scenes at the city's hospitals as anguished families sought loved ones. The Sunni Islamic State group (IS) claim
Published 29 Dec, 2017 12:00am
'Metal chip' found in Jadhav's wife's shoe: Asif

'Metal chip' found in Jadhav's wife's shoe: Asif

Foreign Minister Khawaja Asif on Thursday categorically rejected his Indian counterpart Sushma Swaraj's assertion on the visit of wife and mother of Commander Kulbhushan Jadhav, reminding her of the fact that Jadhav is a serving Indian Naval Officer and a
Published 29 Dec, 2017 12:00am
THE RUPEE: minor variations
Currency

THE RUPEE: minor variations

Marginal fluctuations were seen in the value of the rupee in terms of dollar in the process of trading, dealers said on the money market on Thursday. The rupee shed three paisas in relation to the dollar for buying and selling at Rs 110.51 at Rs 110.53 re
Published 29 Dec, 2017 12:00am
'Metal chip' found in Jadhav's wife's shoe: Asif

'Metal chip' found in Jadhav's wife's shoe: Asif

Foreign Minister Khawaja Asif on Thursday categorically rejected his Indian counterpart Sushma Swaraj's assertion on the visit of wife and mother of Commander Kulbhushan Jadhav, reminding her of the fact that Jadhav is a serving Indian Naval Officer and a
Published 29 Dec, 2017 12:00am
THE RUPEE: minor variations
Currency

THE RUPEE: minor variations

Marginal fluctuations were seen in the value of the rupee in terms of dollar in the process of trading, dealers said on the money market on Thursday. The rupee shed three paisas in relation to the dollar for buying and selling at Rs 110.51 at Rs 110.53 re
Published 29 Dec, 2017 12:00am
Jadhav's family harassed: Sushma

Jadhav's family harassed: Sushma

India's External Affairs Minister Sushma Swaraj alleged on Thursday that spy Kulbhushan Jadhav's family was harassed, while they were visiting in Pakistan. Swaraj, speaking in the Indian parliament after submitting a report on the meeting, claimed that th
Published 29 Dec, 2017 12:00am
Jadhav's family harassed: Sushma

Jadhav's family harassed: Sushma

India's External Affairs Minister Sushma Swaraj alleged on Thursday that spy Kulbhushan Jadhav's family was harassed, while they were visiting in Pakistan. Swaraj, speaking in the Indian parliament after submitting a report on the meeting, claimed that th
Published 29 Dec, 2017 12:00am
Managing external side to be a major challenge: Afzal
Exchange

Managing external side to be a major challenge: Afzal

Minister for State for Finance Rana Muhammad Afzal Khan Thursday stated that managing external side will be a major challenge for the government in the remaining six months of the current fiscal year. During his first interaction with mediapersons after t
Published 29 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Managing external side to be a major challenge: Afzal
Exchange

Managing external side to be a major challenge: Afzal

Minister for State for Finance Rana Muhammad Afzal Khan Thursday stated that managing external side will be a major challenge for the government in the remaining six months of the current fiscal year. During his first interaction with mediapersons after t
Published 29 Dec, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Managing external side to be a major challenge: Afzal
Exchange

Managing external side to be a major challenge: Afzal

Minister for State for Finance Rana Muhammad Afzal Khan Thursday stated that managing external side will be a major challenge for the government in the remaining six months of the current fiscal year. During his first interaction with mediapersons after t
Published 29 Dec, 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 Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
SC judge for accountability of judges, generals

SC judge for accountability of judges, generals

Justice Dost Muhammad Khan of Supreme Court observed Thursday that judges and generals should also be held accountable without discrimination. Resuming the hearing of the National Accountability Bureau (NAB's) appeal challenging Peshawar High Court's verd
Published 29 Dec, 2017 12:00am
SC judge for accountability of judges, generals

SC judge for accountability of judges, generals

Justice Dost Muhammad Khan of Supreme Court observed Thursday that judges and generals should also be held accountable without discrimination. Resuming the hearing of the National Accountability Bureau (NAB's) appeal challenging Peshawar High Court's verd
Published 29 Dec, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 28, 2017)

Published 29 Dec, 2017 12:00am
Jadhav confessed he was spy: Times of India

Jadhav confessed he was spy: Times of India

India's newspaper the Times of India has revealed that Kulbhushan Jadhav confessed before his wife and mother that he was a spy in their meeting that was arranged by the Pakistan's Foreign Office.
Published 29 Dec, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 28, 2017).

Published 29 Dec, 2017 12:00am
Additional 2 percent duty drawback on exports to Russia allowed
Cotton

Additional 2 percent duty drawback on exports to Russia allowed

The government has allowed the textile and non-textile sectors to get an additional two percent duty drawback on exports to Russia under the revised Prime Minister's Export Incentives Package. The government revised the Prime Minister's Export Incentives
Published 29 Dec, 2017 12:00am
Additional 2 percent duty drawback on exports to Russia allowed
Cotton

Additional 2 percent duty drawback on exports to Russia allowed

The government has allowed the textile and non-textile sectors to get an additional two percent duty drawback on exports to Russia under the revised Prime Minister's Export Incentives Package. The government revised the Prime Minister's Export Incentives
Published 29 Dec, 2017 12:00am
The Weather

The Weather

The weather report on Thursday (December 28, 2017) and the forecast for Friday (December 29, 2017).

Published 29 Dec, 2017 12:00am
Additional 2 percent duty drawback on exports to Russia allowed
Cotton

Additional 2 percent duty drawback on exports to Russia allowed

The government has allowed the textile and non-textile sectors to get an additional two percent duty drawback on exports to Russia under the revised Prime Minister''s Export Incentives Package. The government revised the Prime Minister''s Export Incentive
Published 29 Dec, 2017 12:00am
PPIB MD on the way out?

PPIB MD on the way out?

Managing Director Private Power and Infrastructure Board (PPIB), Shah Jahan Mirza is likely to be removed for purportedly not implementing policy decisions in letter and spirit, well informed sources told Business Recorder. This was transpired on T
Published 29 Dec, 2017 12:00am
PPIB MD on the way out?

PPIB MD on the way out?

Managing Director Private Power and Infrastructure Board (PPIB), Shah Jahan Mirza is likely to be removed for purportedly not implementing policy decisions in letter and spirit, well informed sources told Business Recorder. This was transpired on T
Published 29 Dec, 2017 12:00am
PPIB MD on the way out?

PPIB MD on the way out?

Managing Director Private Power and Infrastructure Board (PPIB), Shah Jahan Mirza is likely to be removed for purportedly not implementing policy decisions in letter and spirit, well informed sources told Business Recorder. This was transpired on T
Published 29 Dec, 2017 12:00am
Nawaz may leave for KSA soon

Nawaz may leave for KSA soon

Following Chief Minister Punjab Shahbaz Sharif, former Prime Minister Nawaz Sharif is reportedly expected to leave for Saudi Arabia soon. Reports claim that Nawaz Sharif will leave for Saudi Arabia to meet high Saudi authorities, besides performing Umrah
Published 29 Dec, 2017 12:00am
Nawaz may leave for KSA soon

Nawaz may leave for KSA soon

Following Chief Minister Punjab Shahbaz Sharif, former Prime Minister Nawaz Sharif is reportedly expected to leave for Saudi Arabia soon. Reports claim that Nawaz Sharif will leave for Saudi Arabia to meet high Saudi authorities, besides performing Umrah
Published 29 Dec, 2017 12:00am
China's foreign debt rises
Exchange

China's foreign debt rises

China's outstanding foreign debt rose 7.5 percent in the third quarter to $1.68 trillion, the foreign exchange regulator said on Thursday, slowing from a 8.7 percent rise in the second quarter. The rise in foreign debt was mainly driven by debt securities
Published 29 Dec, 2017 12:00am
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