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Archive - 2018-02-17
Prime Minister Abbasi meets Nawaz Sharif
Pakistan Top News

Prime Minister Abbasi meets Nawaz Sharif

LAHORE: Prime Minister Shahid Khaqan Abbasi Saturday met former Prime Minister Nawaz Sharif at Jati Umra here. During
Published 17 Feb, 2018 08:23am
Strong quake shakes Mexico,causes panic
World Top News

Strong quake shakes Mexico,causes panic

MEXICO CITY: A strong earthquake shook southern and central Mexico Friday, causing panic less than six months after two
Updated 17 Feb, 2018 07:39am
Renault races to record profits, sales

Renault races to record profits, sales

French auto giant Renault said Friday that it enjoyed a record year in 2017, with sales and net profit rising to new heights. Net profit soared 50 percent to a record 5.1 billion euros ($6.4 billion). Sales at the group, which includes the low-cost Dacia
Published 17 Feb, 2018 12:00am
Renault races to record profits, sales

Renault races to record profits, sales

French auto giant Renault said Friday that it enjoyed a record year in 2017, with sales and net profit rising to new heights. Net profit soared 50 percent to a record 5.1 billion euros ($6.4 billion). Sales at the group, which includes the low-cost Dacia
Published 17 Feb, 2018 12:00am
IMF dismisses Zambian borrowing plan, putting loans on hold

IMF dismisses Zambian borrowing plan, putting loans on hold

The International Monetary Fund has rejected Zambia's latest borrowing plans, saying they risk making it harder for the country to sustain its debt load, the IMF said on Friday. Zambia had hoped to have a $1.3 billion loan agreement with the IMF completed
Published 17 Feb, 2018 12:00am
US authorities block Chicago Stock Exchange sale
Exchange

US authorities block Chicago Stock Exchange sale

US regulators Thursday blocked the purchase of the Chicago Stock Exchange (CHX) by a group of investors including the Chinese company Chongqing Casin. Two years after the announcement of the deal, US Securities and Exchange Commission regulators cited a l
Published 17 Feb, 2018 12:00am
German, Polish leaders clash over Russia gas pipeline plan

German, Polish leaders clash over Russia gas pipeline plan

German Chancellor Angela Merkel and Polish Prime Minister Mateusz Morawiecki on Friday voiced disagreement over plans for a direct Russia-Germany gas pipeline through the Baltic Sea that would bypass eastern Europe. Morawiecki, on a Berlin visit, argued t
Published 17 Feb, 2018 12:00am
British shoppers' New Year diets squeeze January retail sales

British shoppers' New Year diets squeeze January retail sales

British shoppers' New Year resolutions to get fit proved less healthy for retailers last month, as sales rose much less than expected and a longer-term backdrop of rising prices and lacklustre wages also weighed on growth. Even by the standards of a norma
Published 17 Feb, 2018 12:00am
Homeownership among young Britons plunges compared with 20 years ago

Homeownership among young Britons plunges compared with 20 years ago

The rate of homeownership among young, middle-income adults in Britain has more than halved over the last 20 years, according to research that highlights growing generational strains in British society. Only 27 percent of Britons aged between 25 and 34 wi
Published 17 Feb, 2018 12:00am
Bank of Japan's Kuroda nominated for second term

Bank of Japan's Kuroda nominated for second term

Japan's government nominated Haruhiko Kuroda for a second term as central bank governor Friday, handing the veteran finance chief more time to battle deflation and kick-start the world's number-three economy. Kuroda's nomination was among those submitted
Published 17 Feb, 2018 12:00am
Walmart in talks to buy more than 40pc of India's Flipkart

Walmart in talks to buy more than 40pc of India's Flipkart

Walmart Inc is in talks to buy a stake of more than 40 percent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com Inc in Asia's third-largest economy, two sources familiar with the matter said on Friday. In what would be one of its bigge
Published 17 Feb, 2018 12:00am
European gasoline weaker on slow buying

European gasoline weaker on slow buying

Gasoline refining margins in northwest Europe were weaker on Tuesday amid limited buying interest. Buying activity in the region remained limited as most Asian markets were cloosed for the Chinese New Year Most demand continued to come from West Africa, w
Published 17 Feb, 2018 12:00am
Listless business on cotton market
Cotton

Listless business on cotton market

Listless business was seen on the cotton market on Friday as spinners were conspicuous by their absence mainly because of lack of buying interest, dealers said. The official spot rate was unchanged at Rs 7,000, they added. In Sindh and the Punjab, seed co
Published 17 Feb, 2018 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 139,977 tonnes of cargo comprising 82,683 tonnes of import cargo and 57,294 tonnes of export cargo including 9,357 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday. The total import cargo of 82,6
Published 17 Feb, 2018 12:00am
EU wheat prices fall as export prospects dim
Exchange

EU wheat prices fall as export prospects dim

Euronext wheat fell on Wednesday, pressured by easing US futures, a stronger euro and a reduced forecast for French exports this season. Spot March milling wheat on the Paris-based Euronext exchange closed 1.25 euros, or 0.8 percent, lower at 159.50 euros
Published 17 Feb, 2018 12:00am
CBOT soyabean futures rise on technical buying

CBOT soyabean futures rise on technical buying

Chicago Board of Trade soyabean futures rose to their highest since July 28 on Wednesday, reversing overnight losses on a round of technical buying, traders said. Ongoing concerns about drought curbing Argentine crop production continued to underpin soya
Published 17 Feb, 2018 12:00am
Chinese iron ore hits three weeks peak
Exchange

Chinese iron ore hits three weeks peak

Iron ore futures in China climbed to their strongest in three weeks on Wednesday, supported by expectations for firm steel demand in the world's top consumer in the first half of the year. It marked the second straight session of sharp gains for the steel
Published 17 Feb, 2018 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures dipped on Wednesday, pressured by a rising Canadian dollar and modest hedges by commercials against crop purchases from farmers. Canola prices were underpinned by fund short-covering of about 2,000 contracts, a trader said, lea
Published 17 Feb, 2018 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,242. The traded value of Metals, Energy and COTS/FX was recorded at PKR 4.109 billion and the number of lots traded was 7,054.
Published 17 Feb, 2018 12:00am
Asma Jahangir - fearless rights activist

Asma Jahangir - fearless rights activist

Pakistan's fearless rights campaigner and lawyer Asma Jahangir who served two terms as chair of the Human Rights Commission of Pakistan and was the first woman president of the Supreme Court Bar Association of Pakistan breathed her last in Lahore on 11th
Published 17 Feb, 2018 12:00am
The Generation 'M'

The Generation 'M'

Generation 'X' was the yuppie generation of the 90s after the hippie generation of the 70s. Generation 'M' are the Millennials. These are people born in the late part of the 20th century and in the 21st century are becoming the millennium kids or teens. T
Published 17 Feb, 2018 12:00am
Water: why the taps run dry

Water: why the taps run dry

The world has abundant freshwater but it is unevenly distributed and under increasing pressure, UN agencies say, as highlighted by the severe shortages in Cape Town.
Published 17 Feb, 2018 12:00am
Art Facts: Second glance

Art Facts: Second glance

A two person show "Deconstructed Reconstruction" at Chawkandi Gallery, Karachi was a second glance on the reconstruction of the destroyed. The exhibition analyzed how to put back together these structures from its component parts and pieces and its remain
Published 17 Feb, 2018 12:00am
Classic breakfast from around the world

Classic breakfast from around the world

First meal of the day or breakfast is the most important meal for keeping us healthy and performing effectively throughout the day. An ideal breakfast should contain fibers and low calories. Eating a balanced breakfast each morning provides essential nutr
Published 17 Feb, 2018 12:00am
Ninth Karachi Literature Festival (KLF): Flavours of poetry and prose

Ninth Karachi Literature Festival (KLF): Flavours of poetry and prose

As usual bringing together and celebrating various authors' writings in diverse languages, genres, and traditions the ninth edition of the three-day Karachi Literature Festival (KLF) featured debates, discussions, lectures, mushaira, a book fair, book lau
Published 17 Feb, 2018 12:00am
How the language of love has changed - or not - in the WhatsApp era

How the language of love has changed - or not - in the WhatsApp era

"Hallo bunny rabbit," "My dearest," "Lovely little bear," "Hi Darling:" On Valentine's Day, written expressions of love and affection were very much in mode. Eva Wyss, the woman who heads the love letter archives at Koblenz University and who knows a lot
Published 17 Feb, 2018 12:00am
Linger over lunch to lose weight: study suggests

Linger over lunch to lose weight: study suggests

People who wolf down their food could lose weight simply by chewing longer and pausing between bites, study results suggested Tuesday. Research involving nearly 60,000 Japanese people showed a link between eating slower or faster, and losing or gaining we
Published 17 Feb, 2018 12:00am
Real life heroes star in Clint Eastwood French attack movie

Real life heroes star in Clint Eastwood French attack movie

In 2015 they were hailed as heroes by US President Barack Obama and given France's highest honors. The three American childhood friends who overpowered a man wielding an assault rifle and a box cutter on a passenger train to Paris are starring in a Clint
Published 17 Feb, 2018 12:00am
Allison Janney puts her spin on ice-skating scandal in 'I, Tonya'

Allison Janney puts her spin on ice-skating scandal in 'I, Tonya'

The stars aligned for Allison Janney when she dressed up in a cheap fur coat, perched a parakeet on her shoulder, and chain-smoked and swore through figure-skating movie "I, Tonya." Not only was the part of the hard-driving mother of US skater Tonya Hardi
Published 17 Feb, 2018 12:00am
Paradise lost: 'Anote's Ark' shows Kiribati on the brink

Paradise lost: 'Anote's Ark' shows Kiribati on the brink

With its pristine sands, glistening saltwater flats and gently swaying palms, Kiribati ought to be a tropical paradise - but this precarious slice of heaven on Earth is living on borrowed time. The low-lying Pacific nation of 33 atolls and reef islands is
Published 17 Feb, 2018 12:00am
It's alive! Tom Hardy waxwork with beating heart unveiled in London

It's alive! Tom Hardy waxwork with beating heart unveiled in London

Madame Tussauds waxwork museum is offering fans of actor Tom Hardy a new and unusual chance to get close to their idol - launching a waxwork figure of the actor with a beating heart, that visitors can pose with and even cuddle. The figure depicts Hardy se
Published 17 Feb, 2018 12:00am
BRIDGE NOTES: A well played hand

BRIDGE NOTES: A well played hand

In Bridge both bidding and play should be compatible to ensure success. In the arena of competitive Bridge, often the bidding is pushed to a level higher then comfort and in such circumstances, if at all there is some hope for the contract to make, skilfu
Published 17 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Feb, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 17 Feb, 2018 12:00am
State Bank of Pakistan conversion rates
Exchange

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 17 Feb, 2018 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 17 Feb, 2018 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 16, 2018).
Published 17 Feb, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
US indicts 13 Russians for election interference

US indicts 13 Russians for election interference

US Special Counsel Robert Mueller on Friday indicted 13 Russian nationals and three companies accused of running a secret campaign to tilt the 2016 presidential election. The unsealed indictment details a stunning operation that began in 2014 and aimed to
Published 17 Feb, 2018 12:00am
US indicts 13 Russians for election interference

US indicts 13 Russians for election interference

US Special Counsel Robert Mueller on Friday indicted 13 Russian nationals and three companies accused of running a secret campaign to tilt the 2016 presidential election. The unsealed indictment details a stunning operation that began in 2014 and aimed to
Published 17 Feb, 2018 12:00am
Yemen conflict: defence minister summoned by Senate chief

Yemen conflict: defence minister summoned by Senate chief

Chairman Senate Raza Rabbani on Friday summoned defense minister to the House for a policy statement on government's decision to send troops to Saudi Arabia. The directives from chairman Senate came when Pakistan Peoples Party (PPP) Senator Farhatullah Ba
Published 17 Feb, 2018 12:00am
Yemen conflict: defence minister summoned by Senate chief

Yemen conflict: defence minister summoned by Senate chief

Chairman Senate Raza Rabbani on Friday summoned defense minister to the House for a policy statement on government's decision to send troops to Saudi Arabia. The directives from chairman Senate came when Pakistan Peoples Party (PPP) Senator Farhatullah Ba
Published 17 Feb, 2018 12:00am
Efforts afoot to thwart 'grey list' move

Efforts afoot to thwart 'grey list' move

Pakistan has launched diplomatic offensive for seeking support of friendly countries to avert a possible move aimed at putting the country on the 'grey list' of the Financial Action Task Force (TATF).
Published 17 Feb, 2018 12:00am
Efforts afoot to thwart 'grey list' move

Efforts afoot to thwart 'grey list' move

Pakistan has launched diplomatic offensive for seeking support of friendly countries to avert a possible move aimed at putting the country on the 'grey list' of the Financial Action Task Force (TATF).
Published 17 Feb, 2018 12:00am
Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Prime Minister Shahid Khaqan Abbasi has directed that the furnace oil-fired power plants maintain 75-day cover stocks of fuel for uninterrupted operation in case of non-availability of Re-gasified Liquefied Natural Gas (RLNG), well-informed sources told <
Published 17 Feb, 2018 12:00am
Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Prime Minister Shahid Khaqan Abbasi has directed that the furnace oil-fired power plants maintain 75-day cover stocks of fuel for uninterrupted operation in case of non-availability of Re-gasified Liquefied Natural Gas (RLNG), well-informed sources told <
Published 17 Feb, 2018 12:00am
Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Furnace oil-fired plants maintain 75-day cover stocks of fuel: PM

Prime Minister Shahid Khaqan Abbasi has directed that the furnace oil-fired power plants maintain 75-day cover stocks of fuel for uninterrupted operation in case of non-availability of Re-gasified Liquefied Natural Gas (RLNG), well-informed sources told <
Published 17 Feb, 2018 12:00am
India's SC steps in to help thirsty tech hub

India's SC steps in to help thirsty tech hub

India's water-starved tech hub Bangalore received a much-needed boost on Friday when the country's top court altered a river-sharing arrangement in its favour, ruling on a bitter dispute that dates back more than a century. The Supreme Court said a 2007 r
Published 17 Feb, 2018 12:00am
India's SC steps in to help thirsty tech hub

India's SC steps in to help thirsty tech hub

India's water-starved tech hub Bangalore received a much-needed boost on Friday when the country's top court altered a river-sharing arrangement in its favour, ruling on a bitter dispute that dates back more than a century. The Supreme Court said a 2007 r
Published 17 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange Friday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.45 points or 1.86 percent to close at 4,679.18 points. BRIndex100 touched intraday high of 4,688.63 and intraday low of 4,593.73 points
Published 17 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange Friday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.45 points or 1.86 percent to close at 4,679.18 points. BRIndex100 touched intraday high of 4,688.63 and intraday low of 4,593.73 points
Published 17 Feb, 2018 12:00am
BRIndex100 turns green
Exchange

BRIndex100 turns green

Pakistan Stock Exchange Friday witnessed a bullish trend due to healthy buying in various sectors. BRIndex100 gained 85.45 points or 1.86 percent to close at 4,679.18 points. BRIndex100 touched intraday high of 4,688.63 and intraday low of 4,593.73 points
Published 17 Feb, 2018 12:00am
Government still groping for solution to PIA, PSM challenges

Government still groping for solution to PIA, PSM challenges

The Cabinet Committee on Privatization (CCoP) has approved the proposal of initiating restructuring process in Pakistan International Airlines (PIA) as well as exploring all the options for Pakistan Steel Mills (PSM). A meeting of the CCoP presided over b
Published 17 Feb, 2018 12:00am
Government still groping for solution to PIA, PSM challenges

Government still groping for solution to PIA, PSM challenges

The Cabinet Committee on Privatization (CCoP) has approved the proposal of initiating restructuring process in Pakistan International Airlines (PIA) as well as exploring all the options for Pakistan Steel Mills (PSM). A meeting of the CCoP presided over b
Published 17 Feb, 2018 12:00am
Government still groping for solution to PIA, PSM challenges

Government still groping for solution to PIA, PSM challenges

The Cabinet Committee on Privatization (CCoP) has approved the proposal of initiating restructuring process in Pakistan International Airlines (PIA) as well as exploring all the options for Pakistan Steel Mills (PSM). A meeting of the CCoP presided over b
Published 17 Feb, 2018 12:00am
External debt, liabilities hit historic high of $88.9 billion
Exchange

External debt, liabilities hit historic high of $88.9 billion

The country's external debt and liabilities continued to grow reaching historic level of $88.9 billion at the end of first half (July-Dec) of this fiscal year (FY18), mainly due to fresh borrowing from multilateral and bilateral sources on account of publ
Published 17 Feb, 2018 12:00am
External debt, liabilities hit historic high of $88.9 billion
Exchange

External debt, liabilities hit historic high of $88.9 billion

The country's external debt and liabilities continued to grow reaching historic level of $88.9 billion at the end of first half (July-Dec) of this fiscal year (FY18), mainly due to fresh borrowing from multilateral and bilateral sources on account of publ
Published 17 Feb, 2018 12:00am
External debt, liabilities hit historic high of $88.9 billion
Exchange

External debt, liabilities hit historic high of $88.9 billion

The country''s external debt and liabilities continued to grow reaching historic level of $88.9 billion at the end of first half (July-Dec) of this fiscal year (FY18), mainly due to fresh borrowing from multilateral and bilateral sources on account of pub
Published 17 Feb, 2018 12:00am
Qualcomm rejects $121 billion hostile Broadcom bid, again

Qualcomm rejects $121 billion hostile Broadcom bid, again

US mobile chipmaking giant Qualcomm on Friday rejected for a second time a hostile $121 billion takeover bid from Singapore's Broadcom, but said it was open to "further discussions" on a tie-up. Two days after a meeting of top executives of the two comput
Published 17 Feb, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 17 Feb, 2018 12:00am
Qualcomm rejects $121 billion hostile Broadcom bid, again

Qualcomm rejects $121 billion hostile Broadcom bid, again

US mobile chipmaking giant Qualcomm on Friday rejected for a second time a hostile $121 billion takeover bid from Singapore's Broadcom, but said it was open to "further discussions" on a tie-up. Two days after a meeting of top executives of the two comput
Published 17 Feb, 2018 12:00am
Qualcomm rejects $121 billion hostile Broadcom bid, again

Qualcomm rejects $121 billion hostile Broadcom bid, again

US mobile chipmaking giant Qualcomm on Friday rejected for a second time a hostile $121 billion takeover bid from Singapore''s Broadcom, but said it was open to "further discussions" on a tie-up. Two days after a meeting of top executives of the two compu
Published 17 Feb, 2018 12:00am
NTDC dismayed over imposition of Rs 10 million fine by regulator

NTDC dismayed over imposition of Rs 10 million fine by regulator

National Transmission and Despatch Company Limited (NTDC) expressed its dismay over the imposition of fine of Rs 10 million for alleged delay in completion of grids and transmission line projects. Declaring the Fine as being ill-conceived and excessive, N
Published 17 Feb, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Bangladesh hands list to Myanmar for Rohingya repatriation

Bangladesh hands list to Myanmar for Rohingya repatriation

Bangladesh Friday handed over a list of more than 8,000 Rohingya to Myanmar as it moves to kick-start their repatriation weeks after the process was halted due to lack of preparation. Dhaka's home minister Asaduzzaman Khan formally gave the list to his My
Published 17 Feb, 2018 12:00am
Bangladesh hands list to Myanmar for Rohingya repatriation

Bangladesh hands list to Myanmar for Rohingya repatriation

Bangladesh Friday handed over a list of more than 8,000 Rohingya to Myanmar as it moves to kick-start their repatriation weeks after the process was halted due to lack of preparation. Dhaka's home minister Asaduzzaman Khan formally gave the list to his My
Published 17 Feb, 2018 12:00am
Surgical procedure proposed for Sharjeel

Surgical procedure proposed for Sharjeel

A Medical Board has proposed a surgical procedure for former PPP provincial minister Sharjeel Inam Memon. As per Medical Board sources, if the proposed operation is not performed Sharjeel Inam Memon will have to face permanent disability. The report from
Published 17 Feb, 2018 12:00am
Surgical procedure proposed for Sharjeel

Surgical procedure proposed for Sharjeel

A Medical Board has proposed a surgical procedure for former PPP provincial minister Sharjeel Inam Memon. As per Medical Board sources, if the proposed operation is not performed Sharjeel Inam Memon will have to face permanent disability. The report from
Published 17 Feb, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A kind of firmness prevailed on the money market on Friday as the rupee held the overnight levels in process of trading, currency experts said. The rupee moved slightly in relation to the dollar for buying and selling at Rs 110.55 and Rs 110.56, they said
Published 17 Feb, 2018 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A kind of firmness prevailed on the money market on Friday as the rupee held the overnight levels in process of trading, currency experts said. The rupee moved slightly in relation to the dollar for buying and selling at Rs 110.55 and Rs 110.56, they said
Published 17 Feb, 2018 12:00am
Swiss regulator unveils new rules for crypto-currencies
Currency

Swiss regulator unveils new rules for crypto-currencies

Switzerland's market watchdog released new guidelines Friday to govern crypto-currencies, as the high-tech Alpine nation emerges as the main global hub for the flourishing industry. Watchdog FINMA noted that Switzerland has seen a "sharp increase" in the
Published 17 Feb, 2018 12:00am
Swiss regulator unveils new rules for crypto-currencies
Currency

Swiss regulator unveils new rules for crypto-currencies

Switzerland's market watchdog released new guidelines Friday to govern crypto-currencies, as the high-tech Alpine nation emerges as the main global hub for the flourishing industry. Watchdog FINMA noted that Switzerland has seen a "sharp increase" in the
Published 17 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Swiss regulator unveils new rules for crypto-currencies
Currency

Swiss regulator unveils new rules for crypto-currencies

Switzerland''s market watchdog released new guidelines Friday to govern crypto-currencies, as the high-tech Alpine nation emerges as the main global hub for the flourishing industry. Watchdog FINMA noted that Switzerland has seen a "sharp increase" in the
Published 17 Feb, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (February 16, 2018)

Published 17 Feb, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat has been sold for export in the past week, continuing large sales after the country started an export incentive programme at the beginning of this year, European traders said on Friday. This brought foreign sales of Pakista
Published 17 Feb, 2018 12:00am
Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat has been sold for export in the past week, continuing large sales after the country started an export incentive programme at the beginning of this year, European traders said on Friday. This brought foreign sales of Pakista
Published 17 Feb, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (February 16, 2018).

Published 17 Feb, 2018 12:00am
Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat sold for export

Another 200,000 tonnes of wheat has been sold for export in the past week, continuing large sales after the country started an export incentive programme at the beginning of this year, European traders said on Friday. This brought foreign sales of Pakista
Published 17 Feb, 2018 12:00am
The Weather

The Weather

The weather report on Friday (February 16, 2018) and the forecast for Saturday (February 17, 2018).

Published 17 Feb, 2018 12:00am
Benazir murder case: LHC adjourns case of further detention

Benazir murder case: LHC adjourns case of further detention

A provincial review board comprising three judges of the Lahore High Court (LHC) on Friday adjourned until February 19 the matter of further detention of five persons acquitted by an anti-terrorism court in Benazir Bhutto's murder case as law officer fail
Published 17 Feb, 2018 12:00am
Benazir murder case: LHC adjourns case of further detention

Benazir murder case: LHC adjourns case of further detention

A provincial review board comprising three judges of the Lahore High Court (LHC) on Friday adjourned until February 19 the matter of further detention of five persons acquitted by an anti-terrorism court in Benazir Bhutto's murder case as law officer fail
Published 17 Feb, 2018 12:00am
Pak-Afghan-US minuet

Pak-Afghan-US minuet

CoAS General Qamar Javed Bajwa while addressing the Chiefs of Defence Conference in Kabul attempted to reassure Kabul and Washington that Pakistan's counterterrorism operations are targeting elements carrying out attacks in Afghanistan. In turn he called
Published 17 Feb, 2018 12:00am
Karachi needs ownership

Karachi needs ownership

It can be plausibly argued that Punjab's capital city Lahore has clearly surpassed Karachi in terms of creation and upkeep of civic infrastructure. With the availability of sufficient electricity and greater local government emphasis on cleanliness ahead
Published 17 Feb, 2018 12:00am
Ease of doing business reform
Exchange

Ease of doing business reform

Prime Minister Shahid Khaqan Abbasi seems to have fully recognised the criticality of 'ease of doing business' in order to attract investments and enhance exports.
Published 17 Feb, 2018 12:00am
Water nowhere

Water nowhere

There are no accidents; a rather impeccable quote from one of my all time favourite movies, Kung Fu Panda, which I believe I improve upon by adding- and there is no such thing as a coincidence.
Published 17 Feb, 2018 12:00am
Controversial bill approved by Senate panel

Controversial bill approved by Senate panel

It is quite unfortunate that the Senate Standing Committee on Energy has approved the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2017. The Senate panel's move is clearly aimed at clipping the wings of regul
Published 17 Feb, 2018 12:00am
Two youth martyred in IHK

Two youth martyred in IHK

Indian troops in their fresh act of state terrorism, martyred two Kashmiri youth in Poonch district, occupied Kashmir. According to Kashmir Media Service, the troops killed the youth during a violent military operation in Balakot area of the district. The
Published 17 Feb, 2018 12:00am
Punjab Food Festival begins today

Punjab Food Festival begins today

First 'Punjab Food Festival 2018' will commence today at Lahore International Expo Centre where more than 150 stalls of food business operators and multinational and national food companies would be set up. Entry in the festival is completely free whereas
Published 17 Feb, 2018 12:00am
Gulalai claims PML-N has offered Senate ticket for criticising army

Gulalai claims PML-N has offered Senate ticket for criticising army

Pakistan Tehreek-e-Insaf (PTI) renegade MNA Ayesha Gulalai has claimed that ruling Pakistan Muslim League-Nawaz (PML-N) had instigated her to badmouth the army, offering her a Senate ticket in return. Talking to the media outside the Parliament House, Gul
Published 17 Feb, 2018 12:00am
Foreign Minister meets President of Tunisia

Foreign Minister meets President of Tunisia

Foreign Minister Khawaja Muhammad Asif Friday called on President of the Republic of Tunisia, Beji Caid Essebsi. Foreign Minister Khawaja Asif is currently on an official visit to Tunisia, led Pakistan's delegation to the 9th Session of the Bilateral Join
Published 17 Feb, 2018 12:00am
FBR seeks income details of cricketers

FBR seeks income details of cricketers

The regional office of Federal Board of Revenue (FBR) has sought income details of cricketers, said sources. They said the office has also sought income details of coaches and management staff of the cricket team. It may be noted that the FBR is in the pr
Published 17 Feb, 2018 12:00am
Bank dacoities, motor vehicle thefts: capital police nab seven suspects

Bank dacoities, motor vehicle thefts: capital police nab seven suspects

Capital Police Friday claimed to have nabbed seven bandits involved in various cases of bank dacoities and motor vehicle thefts, and recovered weapons from their possession. Addressing a press conference, Superintendent of Police City Zone, Muhammad Iqbal
Published 17 Feb, 2018 12:00am
NA Speaker accuses PIA of selling aircraft engines

NA Speaker accuses PIA of selling aircraft engines

Pakistan International Airlines (PIA) has sold engines of aircraft, worth over one million dollars, while stealing from luggage of passengers traveling on the airline has become a routine matter. Speaker National Assembly Sardar Ayaz Sadiq said this on Fr
Published 17 Feb, 2018 12:00am
Fake encounter: heirs protest against police

Fake encounter: heirs protest against police

Heirs of the deceased who was allegedly killed in fake encounter held protest demonstration against the police on Friday. According to details, tortured dead body of Musa, a resident of Gadap Town Malir was found near Super Highway Northern Bypass Karachi
Published 17 Feb, 2018 12:00am
Rs 118 million unverified tax refunds unearthed

Rs 118 million unverified tax refunds unearthed

Directorate Internal Audit (DIA), Customs has detected unverified tax refunds amounting to Rs 118.088 million issued by Model Customs Collectorate (MCC) Appraisement, East. According to sources, the MCC, Appraisement East instead of facilitating audit tea
Published 17 Feb, 2018 12:00am
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