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Archive - 2018-02-01
Colourful Turtles
Featured Photos

Colourful Turtles

Turtles are seen at a National Forest and Wildlife Service (SERFOR) shelter after Peruvian authorities rescue them f
Published 01 Feb, 2018 11:20pm
Enjoy with snowfall
Featured Photos

Enjoy with snowfall

A cow stands during snow blizzard in Pajares, Spain Copyright Reuters, 2018
Published 01 Feb, 2018 09:57pm
Youth shot injured
General News

Youth shot injured

KARACHI: Some unidentified armed men shot injured a youth near Millat School area at Zaman Town Korangi of the city on W
Published 01 Feb, 2018 01:37pm
European stocks rise at open
Financial

European stocks rise at open

LONDON: Europe's major stock markets advanced in opening trade on Thursday. London's benchmark FTSE 100 index of lead
Published 01 Feb, 2018 01:01pm
Nokia widens losses in 2017
Industry

Nokia widens losses in 2017

HELSINKI: Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finn
Published 01 Feb, 2018 12:57pm
GENCOs bleeding out!
Power Generation

GENCOs bleeding out!

The performance of government run power generation plants has not been something to boast about. Nepra’s recently releas
Published 01 Feb, 2018 05:50am
EPCL’s continued growth
Chemicals

EPCL’s continued growth

In line with its growth trajectory since 2016, Engro Polymer & Chemicals Limited ended the calendar year with a bang
Published 01 Feb, 2018 05:39am
Strong quake claims two lives, hurts several

Strong quake claims two lives, hurts several

Two including minor girl died and several others sustained injuries as a powerful 6.2 magnitude earthquake on Wednesday struck Islamabad and various cities of Punjab, Khyber Pakhtunkhwa and Balochistan, Azad Kashmir and Gilgit-Baltistan (GB) and neighbour
Published 01 Feb, 2018 12:00am
Strong quake claims two lives, hurts several

Strong quake claims two lives, hurts several

Two including minor girl died and several others sustained injuries as a powerful 6.2 magnitude earthquake on Wednesday struck Islamabad and various cities of Punjab, Khyber Pakhtunkhwa and Balochistan, Azad Kashmir and Gilgit-Baltistan (GB) and neighbour
Published 01 Feb, 2018 12:00am
Fed holds interest rates steady

Fed holds interest rates steady

The US Federal Reserve kept interest rates unchanged on Wednesday but said it anticipated inflation would rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central bank chief Jerome Powell. Citing solid
Published 01 Feb, 2018 12:00am
Fed holds interest rates steady

Fed holds interest rates steady

The US Federal Reserve kept interest rates unchanged on Wednesday but said it anticipated inflation would rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central bank chief Jerome Powell. Citing solid
Published 01 Feb, 2018 12:00am
Fed holds interest rates steady

Fed holds interest rates steady

The US Federal Reserve kept interest rates unchanged on Wednesday but said it anticipated inflation would rise this year, in a sign it is still on track to raise borrowing costs again in March under incoming central bank chief Jerome Powell. Citing solid
Published 01 Feb, 2018 12:00am
Nawaz may avert life-long ban

Nawaz may avert life-long ban

Supreme Court Wednesday gave one week to the counsel for disqualified Prime Minister Nawaz Sharif to prepare his arguments for a case pertaining to interpretation of Article 62(1) (f) of the Constitution - an article under which Sharif was removed from Pr
Published 01 Feb, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 31, 2018).

Published 01 Feb, 2018 12:00am
Nawaz may avert life-long ban

Nawaz may avert life-long ban

Supreme Court Wednesday gave one week to the counsel for disqualified Prime Minister Nawaz Sharif to prepare his arguments for a case pertaining to interpretation of Article 62(1) (f) of the Constitution - an article under which Sharif was removed from Pr
Published 01 Feb, 2018 12:00am
NAB begins probe into PSM affairs

NAB begins probe into PSM affairs

National Accountability Bureau (NAB) has started inquiries against those who are responsible for "shutting down" Pakistan Steel Mills (PSM) and withdrawal of Rs 11.4 billion from employees' provident fund and gratuity. This was revealed by Director NAB, I
Published 01 Feb, 2018 12:00am
NAB begins probe into PSM affairs

NAB begins probe into PSM affairs

National Accountability Bureau (NAB) has started inquiries against those who are responsible for "shutting down" Pakistan Steel Mills (PSM) and withdrawal of Rs 11.4 billion from employees' provident fund and gratuity. This was revealed by Director NAB, I
Published 01 Feb, 2018 12:00am
NAB begins probe into PSM affairs

NAB begins probe into PSM affairs

National Accountability Bureau (NAB) has started inquiries against those who are responsible for "shutting down" Pakistan Steel Mills (PSM) and withdrawal of Rs 11.4 billion from employees'' provident fund and gratuity. This was revealed by Director NAB,
Published 01 Feb, 2018 12:00am
THE RUPEE: upward trend
Currency

THE RUPEE: upward trend

The rupee managed to recover modestly against the dollar on Wednesday in the process of trading activity, dealers said. The rupee picked up 40 paisas in terms of the dollar for buying and selling at Rs 112.00 and it also gained 20 paisas for selling at Rs
Published 01 Feb, 2018 12:00am
THE RUPEE: upward trend
Currency

THE RUPEE: upward trend

The rupee managed to recover modestly against the dollar on Wednesday in the process of trading activity, dealers said. The rupee picked up 40 paisas in terms of the dollar for buying and selling at Rs 112.00 and it also gained 20 paisas for selling at Rs
Published 01 Feb, 2018 12:00am
Afghan spy chief arrives with 'message' from Ghani

Afghan spy chief arrives with 'message' from Ghani

A day after Pakistan announced it has handed over 27 individuals to Afghanistan suspected of having links with Taliban and Haqqani network in November 2017, a high-level Afghan delegation comprising interior minister and chief of National Directorate of S
Published 01 Feb, 2018 12:00am
Afghan spy chief arrives with 'message' from Ghani

Afghan spy chief arrives with 'message' from Ghani

A day after Pakistan announced it has handed over 27 individuals to Afghanistan suspected of having links with Taliban and Haqqani network in November 2017, a high-level Afghan delegation comprising interior minister and chief of National Directorate of S
Published 01 Feb, 2018 12:00am
SBP asks ECs to reduce interbank-open market gap
Exchange

SBP asks ECs to reduce interbank-open market gap

The State Bank of Pakistan (SBP) Wednesday asked exchange companies to reduce the rising exchange rate gap in interbank and open currency market up to one percent. It had already decided that the gap in exchange rate of interbank and open currency market
Published 01 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 31, 2018).

Published 01 Feb, 2018 12:00am
SBP asks ECs to reduce interbank-open market gap
Exchange

SBP asks ECs to reduce interbank-open market gap

The State Bank of Pakistan (SBP) Wednesday asked exchange companies to reduce the rising exchange rate gap in interbank and open currency market up to one percent. It had already decided that the gap in exchange rate of interbank and open currency market
Published 01 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 31, 2018).

Published 01 Feb, 2018 12:00am
SBP asks ECs to reduce interbank-open market gap
Exchange

SBP asks ECs to reduce interbank-open market gap

The State Bank of Pakistan (SBP) Wednesday asked exchange companies to reduce the rising exchange rate gap in interbank and open currency market up to one percent. It had already decided that the gap in exchange rate of interbank and open currency market
Published 01 Feb, 2018 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 (January 31, 2018).

Published 01 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a declining trend on the fifth consecutive day Wednesday because of selling in various sectors. BRIndex100 lost 23.57 points or 0.5 percent to close at 4,725.82 points. BRIndex100 touched intraday high of 4,782.23 and int
Published 01 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a declining trend on the fifth consecutive day Wednesday because of selling in various sectors. BRIndex100 lost 23.57 points or 0.5 percent to close at 4,725.82 points. BRIndex100 touched intraday high of 4,782.23 and int
Published 01 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 31, 2018)

Published 01 Feb, 2018 12:00am
BRIndex100 stays bearish
Exchange

BRIndex100 stays bearish

Pakistan Stock Exchange witnessed a declining trend on the fifth consecutive day Wednesday because of selling in various sectors. BRIndex100 lost 23.57 points or 0.5 percent to close at 4,725.82 points. BRIndex100 touched intraday high of 4,782.23 and int
Published 01 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 31, 2018).

Published 01 Feb, 2018 12:00am
Prices of HSD, other POL products raised

Prices of HSD, other POL products raised

The government on Wednesday increased per litre prices of petroleum products ranging between Rs 2.98 and Rs 5.93 for this month. The Federal Board of Revenue (FBR) has estimated to collect over Rs 30 billion from this increase in the prices of petroleum p
Published 01 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 31, 2018).

Published 01 Feb, 2018 12:00am
Prices of HSD, other POL products raised

Prices of HSD, other POL products raised

The government on Wednesday increased per litre prices of petroleum products ranging between Rs 2.98 and Rs 5.93 for this month. The Federal Board of Revenue (FBR) has estimated to collect over Rs 30 billion from this increase in the prices of petroleum p
Published 01 Feb, 2018 12:00am
Prices of HSD, other POL products raised

Prices of HSD, other POL products raised

The government on Wednesday increased per litre prices of petroleum products ranging between Rs 2.98 and Rs 5.93 for this month. The Federal Board of Revenue (FBR) has estimated to collect over Rs 30 billion from this increase in the prices of petroleum p
Published 01 Feb, 2018 12:00am
FBR collects over Rs 2 trillion in seven months

FBR collects over Rs 2 trillion in seven months

The Federal Board of Revenue (FBR) has recorded provisional net revenue collection of over Rs 2 trillion during first seven months of the current financial year against Rs 1,699 billion collected during the same period of the previous fiscal year, recordi
Published 01 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Wednesday (January 31, 2018) and the forecast for Thursday (February 01, 2018).

Published 01 Feb, 2018 12:00am
FBR collects over Rs 2 trillion in seven months

FBR collects over Rs 2 trillion in seven months

The Federal Board of Revenue (FBR) has recorded provisional net revenue collection of over Rs 2 trillion during first seven months of the current financial year against Rs 1,699 billion collected during the same period of the previous fiscal year, recordi
Published 01 Feb, 2018 12:00am
FBR collects over Rs 2 trillion in seven months

FBR collects over Rs 2 trillion in seven months

The Federal Board of Revenue (FBR) has recorded provisional net revenue collection of over Rs 2 trillion during first seven months of the current financial year against Rs 1,699 billion collected during the same period of the previous fiscal year, recordi
Published 01 Feb, 2018 12:00am
BTB initiative: FBR issues 33,000 notices to high value individuals

BTB initiative: FBR issues 33,000 notices to high value individuals

The Federal Board of Revenue (FBR) has issued 33,000 notices to high value unregistered individuals to bring them in the tax net for broadening of tax base (BTB). This was stated by the director general broadening of tax base wing of FBR while briefing a
Published 01 Feb, 2018 12:00am
BTB initiative: FBR issues 33,000 notices to high value individuals

BTB initiative: FBR issues 33,000 notices to high value individuals

The Federal Board of Revenue (FBR) has issued 33,000 notices to high value unregistered individuals to bring them in the tax net for broadening of tax base (BTB). This was stated by the director general broadening of tax base wing of FBR while briefing a
Published 01 Feb, 2018 12:00am
BTB initiative: FBR issues 33,000 notices to high value individuals

BTB initiative: FBR issues 33,000 notices to high value individuals

The Federal Board of Revenue (FBR) has issued 33,000 notices to high value unregistered individuals to bring them in the tax net for broadening of tax base (BTB). This was stated by the director general broadening of tax base wing of FBR while briefing a
Published 01 Feb, 2018 12:00am
Katas Raj case: SC orders removal of Siddiqul Farooq

Katas Raj case: SC orders removal of Siddiqul Farooq

Supreme Court Wednesday ordered removal of Siddiqul Farooq as the head of Evacuee Trust Property Board (ETPB) with directives to appoint an apolitical person as new head of the trust. Hearing the Katas Raj suo motu case, a three-member bench had summoned
Published 01 Feb, 2018 12:00am
Katas Raj case: SC orders removal of Siddiqul Farooq

Katas Raj case: SC orders removal of Siddiqul Farooq

Supreme Court Wednesday ordered removal of Siddiqul Farooq as the head of Evacuee Trust Property Board (ETPB) with directives to appoint an apolitical person as new head of the trust. Hearing the Katas Raj suo motu case, a three-member bench had summoned
Published 01 Feb, 2018 12:00am
US puts Hamas chief Haniya on terror blacklist

US puts Hamas chief Haniya on terror blacklist

The United States on Wednesday put the head of Palestinian Islamist movement Hamas, Ismail Haniya, on its terror blacklist and slapped sanctions on him - a move sure to raise tensions, after Washington recognized Jerusalem as Israel's capital.
Published 01 Feb, 2018 12:00am
US puts Hamas chief Haniya on terror blacklist

US puts Hamas chief Haniya on terror blacklist

The United States on Wednesday put the head of Palestinian Islamist movement Hamas, Ismail Haniya, on its terror blacklist and slapped sanctions on him - a move sure to raise tensions, after Washington recognized Jerusalem as Israel's capital.
Published 01 Feb, 2018 12:00am
Sell-off business transferred to new NA body

Sell-off business transferred to new NA body

Speaker National Assembly has transferred the business of privatisation to the newly-constituted National Assembly Standing Committee on Privatisation on the request of Minister for Privatisation, Daniyal Aziz. This was revealed at a meeting of National A
Published 01 Feb, 2018 12:00am
Sell-off business transferred to new NA body

Sell-off business transferred to new NA body

Speaker National Assembly has transferred the business of privatisation to the newly-constituted National Assembly Standing Committee on Privatisation on the request of Minister for Privatisation, Daniyal Aziz. This was revealed at a meeting of National A
Published 01 Feb, 2018 12:00am
Sell-off business transferred to new NA body

Sell-off business transferred to new NA body

Speaker National Assembly has transferred the business of privatisation to the newly-constituted National Assembly Standing Committee on Privatisation on the request of Minister for Privatisation, Daniyal Aziz. This was revealed at a meeting of National A
Published 01 Feb, 2018 12:00am
Scholar Tariq Ramadan held in Paris

Scholar Tariq Ramadan held in Paris

French police on Wednesday detained prominent Swiss Islamic scholar Tariq Ramadan, a legal source said, months after two women filed rape charges against him. The Oxford professor was summoned for questioning to a Paris police station and taken into custo
Published 01 Feb, 2018 12:00am
Scholar Tariq Ramadan held in Paris

Scholar Tariq Ramadan held in Paris

French police on Wednesday detained prominent Swiss Islamic scholar Tariq Ramadan, a legal source said, months after two women filed rape charges against him. The Oxford professor was summoned for questioning to a Paris police station and taken into custo
Published 01 Feb, 2018 12:00am
UK lawyers to seek Saudi suspension from UN rights body

UK lawyers to seek Saudi suspension from UN rights body

Two British human rights lawyers are to ask Wednesday for Saudi Arabia to be suspended from the UN Human Rights Council over 61 people "arbitrarily detained or disappeared" by the country's authorities. Ken Macdonald and Rodney Dixon are due to submit the
Published 01 Feb, 2018 12:00am
UK lawyers to seek Saudi suspension from UN rights body

UK lawyers to seek Saudi suspension from UN rights body

Two British human rights lawyers are to ask Wednesday for Saudi Arabia to be suspended from the UN Human Rights Council over 61 people "arbitrarily detained or disappeared" by the country's authorities. Ken Macdonald and Rodney Dixon are due to submit the
Published 01 Feb, 2018 12:00am
NAB asked to produce Wajid Zia
Exchange

NAB asked to produce Wajid Zia

The Accountability Court on Wednesday asked National Accountability Bureau (NAB) to produce Wajid Zia, a prosecution witness and head of joint investigation team (JIT) that probed the Panama Papers case, on the next hearing. Hearing corruption reference a
Published 01 Feb, 2018 12:00am
NAB asked to produce Wajid Zia
Exchange

NAB asked to produce Wajid Zia

The Accountability Court on Wednesday asked National Accountability Bureau (NAB) to produce Wajid Zia, a prosecution witness and head of joint investigation team (JIT) that probed the Panama Papers case, on the next hearing. Hearing corruption reference a
Published 01 Feb, 2018 12:00am
Rashid retracts his resignation decision

Rashid retracts his resignation decision

Awami Muslim League leader Sheikh Rashid Ahmed has taken back his decision to resign from the National Assembly (NA). While addressing the joint opposition rally on January 17 in Lahore, the AML chief, an elected member from NA-55, announced to resign fro
Published 01 Feb, 2018 12:00am
Rashid retracts his resignation decision

Rashid retracts his resignation decision

Awami Muslim League leader Sheikh Rashid Ahmed has taken back his decision to resign from the National Assembly (NA). While addressing the joint opposition rally on January 17 in Lahore, the AML chief, an elected member from NA-55, announced to resign fro
Published 01 Feb, 2018 12:00am
Used imported cars: ministries differ over bill of lading date
Exchange

Used imported cars: ministries differ over bill of lading date

Ministry of Commerce and Ministry of Finance are reportedly not on the same page with respect to bill of lading date for three-year used cars imported after amendment in Import Policy Order (IPO), sources close to Prime Minister Advisor on Finance told <i
Published 01 Feb, 2018 12:00am
Used imported cars: ministries differ over bill of lading date
Exchange

Used imported cars: ministries differ over bill of lading date

Ministry of Commerce and Ministry of Finance are reportedly not on the same page with respect to bill of lading date for three-year used cars imported after amendment in Import Policy Order (IPO), sources close to Prime Minister Advisor on Finance told <i
Published 01 Feb, 2018 12:00am
Used imported cars: ministries differ over bill of lading date
Exchange

Used imported cars: ministries differ over bill of lading date

Ministry of Commerce and Ministry of Finance are reportedly not on the same page with respect to bill of lading date for three-year used cars imported after amendment in Import Policy Order (IPO), sources close to Prime Minister Advisor on Finance told <i
Published 01 Feb, 2018 12:00am
Decision on grant of LDI licence likely on February 9

Decision on grant of LDI licence likely on February 9

The military-run Special Communication Organization (SCO) on Wednesday clarified that neither would it be able to payback $46 million borrowed from Exim Bank for fiber optic cable nor could it monitor the China-Pakistan Economic Corridor (CPEC) project if
Published 01 Feb, 2018 12:00am
Decision on grant of LDI licence likely on February 9

Decision on grant of LDI licence likely on February 9

The military-run Special Communication Organization (SCO) on Wednesday clarified that neither would it be able to payback $46 million borrowed from Exim Bank for fiber optic cable nor could it monitor the China-Pakistan Economic Corridor (CPEC) project if
Published 01 Feb, 2018 12:00am
Decision on grant of LDI licence likely on February 9

Decision on grant of LDI licence likely on February 9

The military-run Special Communication Organization (SCO) on Wednesday clarified that neither would it be able to payback $46 million borrowed from Exim Bank for fiber optic cable nor could it monitor the China-Pakistan Economic Corridor (CPEC) project if
Published 01 Feb, 2018 12:00am
The FO tweet

The FO tweet

The Foreign Office spokesman, Dr Muhammad Faisal, chose a novel way to make a major revelation when he tweeted that Pakistan had handed over 27 Afghan Taliban and Haqqani Network suspects to Kabul in November 2017. In a follow up tweet, he said Pakistan w
Published 01 Feb, 2018 12:00am
Turkey ramps up Syria incursion

Turkey ramps up Syria incursion

According to reports, Turkey and allied Syrian rebels have pressed on with Operation 'Olive Branch' in the Kurdish-controlled Afrin enclave in Syria. As if the seven-year long bloody conflict in Syria was not complicated enough, the US has further fuelled
Published 01 Feb, 2018 12:00am
Problem is not FTAs but structural fragility: Manufacturing sector

Problem is not FTAs but structural fragility: Manufacturing sector

Free Trade Agreements (FTAs) are the favourite whipping boys of our industry leaders. The constant refrain has been that FTAs are 'damaging' the manufacturing sector. They want existing ones to be renegotiated and the proposed ones (Turkey and Thailand) p
Published 01 Feb, 2018 12:00am
Rabble-rousing harangues

Rabble-rousing harangues

Former prime minister Nawaz Sharif, disqualified in a corruption case arising out of the Panama Papers revelations obviously believes, like in love and war, everything is fair in fighting corruption cases. If that undermines the democratic project, so be
Published 01 Feb, 2018 12:00am
Crumbling bridges? Fret not America, it's not that bad

Crumbling bridges? Fret not America, it's not that bad

In his State of the Union address on Tuesday, President Donald Trump called out the nation's crumbling infrastructure and called for more spending on bridges and roads. "Together, we can reclaim our great building heritage. We will build gleaming new road
Published 01 Feb, 2018 12:00am
Proposed PIA sell-off

Proposed PIA sell-off

This is apropos a Business Recorder news item "Senate body against PIA sell-off" carried by the newspaper yesterday. According to it, the government has been warned of stiff resistance in case of privatisation of Pakistan International Airlines (PI
Published 01 Feb, 2018 12:00am
Banknotes with Bajwa's signature from February 2

Banknotes with Bajwa's signature from February 2

The State Bank of Pakistan will start issuing banknotes bearing the signature of SBP Governor Tariq Bajwa with effect from February 2, 2018 from the field offices of SBP Banking Services Corporation. The banknotes bearing the signatures of his predecessor
Published 01 Feb, 2018 12:00am
NA body endorses AJK, GB's uplift projects under PSDP

NA body endorses AJK, GB's uplift projects under PSDP

The National Assembly's Standing Committee on Kashmir Affairs & Gilgit-Baltistan endorsed the proposals of Ministry of Kashmir Affairs and Gilgit-Baltistan on developmental projects with remarks that all projects should be completed effectively and effici
Published 01 Feb, 2018 12:00am
Imran should not blame government for his failures: Marriyum

Imran should not blame government for his failures: Marriyum

Minister of State for Information, Broadcasting, National History and Literary Heritage Marriyum Aurangzeb on Wednesday said that Imran should not blame the federal government for his failures as throwing the rubble of his failures on others would not hel
Published 01 Feb, 2018 12:00am
Nisar rejects allegations

Nisar rejects allegations

Former interior minister Chaudhry Nisar Ali Khan on Wednesday rejected the allegations of helping ex-chief executive officer of Pakistan International Airlines (PIA) Bernd Hildenbrand to leave the country, terming them as "pack of lies."
Published 01 Feb, 2018 12:00am
Man throws acid on wife, daughter in Malakand

Man throws acid on wife, daughter in Malakand

A man in Malakand on Wednesday threw acid on his second wife and his daughter when a heated family dispute took a turn for the worse. The culprit fled the scene leaving the two women severely burnt. People of the area rushed both women to the Civil Hospit
Published 01 Feb, 2018 12:00am
Pakistan, EU agree to cooperate in energy conservation

Pakistan, EU agree to cooperate in energy conservation

Pakistan and European Union have agreed for cooperation in energy conservation and energy efficiency and in this regard the Power Division will send a high-level delegation, comprising government officials and private sector experts, to the EU to particip
Published 01 Feb, 2018 12:00am
SC reviews appeal in Shahzeb murder case

SC reviews appeal in Shahzeb murder case

The Supreme Court on Wednesday reviewed a civil petition concerning Shahzeb Khan murder case, which is being re-examined after several petitioners contested a Sindh High Court (SHC) decision that ordered a retrial of the case. Chief Justice Mian Saqib Nis
Published 01 Feb, 2018 12:00am
Workshop on 'drug control' held

Workshop on 'drug control' held

A three-day workshop on the implementation of the recommendations of United Nations General Assembly Special Session (UNGASS) on World Drug Problem was held here on Wednesday wherein different options were explored to tackle the problem. The follow-up per
Published 01 Feb, 2018 12:00am
Country losing Rs 213 billion p.a. due to T&D losses

Country losing Rs 213 billion p.a. due to T&D losses

The country is facing financial losses of Rs 213 billion per annum due to power distribution and line losses, officials of Pakistan Electric Power Company (Pepco) said. The officials of the Ministry of Energy, Power Division, and Pepco briefed the partici
Published 01 Feb, 2018 12:00am
Education budget increases from Rs 550 billion to Rs 850 billion: Baligh

Education budget increases from Rs 550 billion to Rs 850 billion: Baligh

Minister of State for Federal Education and Professional Training, Baligh-Ur-Rehman Wednesday said the country's overall education budget was increased from Rs 550 billion to Rs 850 billion while number of out of school children decreased from 26 million
Published 01 Feb, 2018 12:00am
Non-production of stents: SC summons Dr Samar Mubarakmand

Non-production of stents: SC summons Dr Samar Mubarakmand

The Supreme Court (SC) Wednesday took notice of non-production of locally-made coronary stents for cardiac patients in the country, despite issuance of Rs 350 million by the government, and summoned Pakistani scientist Dr Samar Mubarakmand to appear befor
Published 01 Feb, 2018 12:00am
Sri Lankan Food Festival on February 3

Sri Lankan Food Festival on February 3

To celebrate the rich diversity of the culture of Sri Lanka, the Islamabad Marriott Hotel (IMH) is hosting a two-day Sri Lankan Food Festival in collaboration with the Sri Lankan High Commission.
Published 01 Feb, 2018 12:00am
Senate body voices concern over lack of facilities in PIMS, Polyclinic

Senate body voices concern over lack of facilities in PIMS, Polyclinic

The Senate Functional Committee on Government Assurances has expressed serious concern over lack of facilities and medicines as well as mismanagement in overburdened PIMS and Polyclinic hospitals of the federal capital and asked the relevant authorities t
Published 01 Feb, 2018 12:00am
Need to improve ground water quality stressed

Need to improve ground water quality stressed

Amid the situation of deteriorating ground water quality, it is need of hour to step up efforts to address the issue at the national level. It was discussed at a meeting with Dr Richard Culas and Dr Michael Mitchell from Charles Sturt University (CSU)'s I
Published 01 Feb, 2018 12:00am
Cargo clearance at logjam, complains APCAA chief

Cargo clearance at logjam, complains APCAA chief

The clearance of inward and outward cargos at ports has nearly come to a logjam due to debugging of Web Based One Customs (WeBOC) system being continued for last 48 hours; it was learnt. The WeBoC system has been running on debugging mode for last two day
Published 01 Feb, 2018 12:00am
July-December jewelry, gems export up

July-December jewelry, gems export up

The country's export of jewelry soared to $4.390 million in July-December 2017, up by 20.31 percent, official figures say. Increase in jewelry export now stands at $0.741 million in July-December 2017 from $3.649 million in July-December 2016, Pakistan Bu
Published 01 Feb, 2018 12:00am
Government borrows over Rs 1.8 trillion via T-Bills

Government borrows over Rs 1.8 trillion via T-Bills

The federal government Wednesday borrowed over Rs 1.8 trillion through the auction for short-term government papers. The State Bank of Pakistan (SBP), on January 31, conducted the auction for the sale of 3-month, 6-month and 12-month Market Treasury Bills
Published 01 Feb, 2018 12:00am
Government borrows over Rs 1.8 trillion via T-Bills

Government borrows over Rs 1.8 trillion via T-Bills

The federal government Wednesday borrowed over Rs 1.8 trillion through the auction for short-term government papers. The State Bank of Pakistan (SBP), on January 31, conducted the auction for the sale of 3-month, 6-month and 12-month Market Treasury Bills
Published 01 Feb, 2018 12:00am
Jeewa elected FPCCI body chief

Jeewa elected FPCCI body chief

Arif Yousuf Jeewa, Chairman ABAD has been appointed as Chairman of Housing and Construction Standing Committee of Federation of Chambers of Commerce and Industry (FPCCI). According to a notification issued by Ghazanfar Billour, President FPCCI here on Wed
Published 01 Feb, 2018 12:00am
PTI to nominate Chaudhry Sarwar for Senate's seat

PTI to nominate Chaudhry Sarwar for Senate's seat

The Pakistan Tehreek-e-Insaf (PTI) has decided to nominate Chaudhry Muhammad Sarwar, a PTI core committee member, for the Senate election from Punjab which will be held on March 3.
Published 01 Feb, 2018 12:00am
Pesco nabs 70 consumers for using illegal electricity

Pesco nabs 70 consumers for using illegal electricity

On the directives of Engineer Shabir Ahmad, CEO Peshawar Electric Supply Company (Pesco), drive against illegal use of electricity is continued throughout Khyber Pakhtunkhwa. In this connection Pesco Surveillance Wapda House teams under the supervision of
Published 01 Feb, 2018 12:00am
Oil refinery in KP: KPOGCL, Russian consortium sign agreement

Oil refinery in KP: KPOGCL, Russian consortium sign agreement

Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) and Russian consortium of investors, which include Inter -Rao Engineering and Himmash Apparat partnered with Orpheus Energy, signed an agreement for establishment of 20,000 barrels per day oil refine
Published 01 Feb, 2018 12:00am
CCP chairperson appointment: Senate body seeks legal opinion

CCP chairperson appointment: Senate body seeks legal opinion

The Senate Standing Committee on Finance has sought legal opinion from Law Division regarding appointment of chairperson of Competition Commission of Pakistan (CCP). A meeting of the Senate Standing Committee on Finance presided over by Senator Saleem Man
Published 01 Feb, 2018 12:00am
Third session of Pak-Italy JEC held at Rome
Exchange

Third session of Pak-Italy JEC held at Rome

The 3rd session of Pak-Italy JEC was hosted by Ministry of Economic Development, Italy in ICE Headquarters at Rome on 29-30 January 2018. The Pakistan delegation was led by Rana Muhammad Afzal Khan, Minister of State for Finance while the Italian delegati
Published 01 Feb, 2018 12:00am
CCP imposes Rs 2.7 million penalty on nine firms on charges of fraud

CCP imposes Rs 2.7 million penalty on nine firms on charges of fraud

The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 2.7 million on nine companies for deceiving consumers by fraudulently using the trademark of another company. Bahawalpur-based Al-Rehman Oil Mills complained to CCP against nine comp
Published 01 Feb, 2018 12:00am
CPEC projects to change fate of Balochistan: Bizenjo

CPEC projects to change fate of Balochistan: Bizenjo

Chief Minister (CM) Balochistan, Mir Abdul Quddus Bizenjo on Wednesday said that China Pakistan Economic Corridor (CPEC) project carries great significance for Balochistan and various projects being executed under the CPEC will change the fate of the prov
Published 01 Feb, 2018 12:00am
Yemeni envoy meets PU VC

Yemeni envoy meets PU VC

Ambassador of Yemen HE Mohammad Motahar Alashabi has called on Punjab University Vice Chancellor Professor Dr Muhammad Zakria Zakir at his office here on Wednesday. Addressing the meeting, Dr Zakria stressed the need to enhance academic cooperation betwee
Published 01 Feb, 2018 12:00am
FTAs with different countries to be reviewed: minister

FTAs with different countries to be reviewed: minister

Federal Minister for Commerce and Textile, Muhammad Pervaiz Malik on Wednesday said that the government would review the Free Trade Agreements with the different countries and it will take strict decisions in this regard. During the meeting with members o
Published 01 Feb, 2018 12:00am
USAID wraps up MCH programme in Sindh

USAID wraps up MCH programme in Sindh

Maternal and Child Health Integrated Program (MCHIP) is a flagship program of USAID globally, and a component of USAID Pakistan's MCH Program in Sindh.
Published 01 Feb, 2018 12:00am
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