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Archive - 2018-03-07
Suzuki’s double price hike
Automobile

Suzuki’s double price hike

In January, Pakistan Suzuki Motor (PSX: PSMC) wasn’t the only one to increase prices of its cars (up to Rs20,000); Honda
Updated 14 Mar, 2018 12:16pm
The Chinese debt
Banking

The Chinese debt

There is no surprise in the fact that China is the biggest lender to Pakistan, including both public and private debt. T
Updated 09 Mar, 2018 08:30am
PSDP: still pumping
Miscellaneous

PSDP: still pumping

After a promising start in January, development spending slowed down in February. The federal government had released, f
Published 07 Mar, 2018 06:27am
Commanders discuss internal, external security

Commanders discuss internal, external security

Chief of Army Staff (CoAS) General Qamar Javed Bajwa chaired the Corps Commanders Conference on Tuesday. During the conference, the military's top brass reviewed progress in the ongoing operations against terrorism. A decision to continue efforts for main
Published 07 Mar, 2018 12:00am
Commanders discuss internal, external security

Commanders discuss internal, external security

Chief of Army Staff (CoAS) General Qamar Javed Bajwa chaired the Corps Commanders Conference on Tuesday. During the conference, the military's top brass reviewed progress in the ongoing operations against terrorism. A decision to continue efforts for main
Published 07 Mar, 2018 12:00am
Abbasi, Nawaz discuss Senate chief's election
Exchange

Abbasi, Nawaz discuss Senate chief's election

Prime Minister Shahid Khaqan Abbasi on Tuesday held a meeting with former prime minister Nawaz Sharif at his Raiwind residence and exchanged views on the country's political situation and other matters of mutual interest, sources said.
Published 07 Mar, 2018 12:00am
Abbasi, Nawaz discuss Senate chief's election
Exchange

Abbasi, Nawaz discuss Senate chief's election

Prime Minister Shahid Khaqan Abbasi on Tuesday held a meeting with former prime minister Nawaz Sharif at his Raiwind residence and exchanged views on the country's political situation and other matters of mutual interest, sources said.
Published 07 Mar, 2018 12:00am
Rabbani relinquishes charge

Rabbani relinquishes charge

Pakistan People's party senior leader Raza Rabbani renounced his charge as Senate chairman on Tuesday. "I want to relinquish my charge as chairman Senate without causing any further ranker between institutions and departments, working through or under the
Published 07 Mar, 2018 12:00am
Rabbani relinquishes charge

Rabbani relinquishes charge

Pakistan People's party senior leader Raza Rabbani renounced his charge as Senate chairman on Tuesday. "I want to relinquish my charge as chairman Senate without causing any further ranker between institutions and departments, working through or under the
Published 07 Mar, 2018 12:00am
Bezos tops Forbes world's rich list as Trump wealth drops
Kerb

Bezos tops Forbes world's rich list as Trump wealth drops

Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine's annual billionaires list published Tuesday. US President Donald Trump's ran
Published 07 Mar, 2018 12:00am
Bezos tops Forbes world's rich list as Trump wealth drops
Kerb

Bezos tops Forbes world's rich list as Trump wealth drops

Amazon chief Jeff Bezos is now the world's richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine's annual billionaires list published Tuesday. US President Donald Trump's ran
Published 07 Mar, 2018 12:00am
Bezos tops Forbes world''s rich list as Trump wealth drops
Kerb

Bezos tops Forbes world''s rich list as Trump wealth drops

Amazon chief Jeff Bezos is now the world''s richest person, having snatched the top spot from Microsoft founder Bill Gates who slips to second place, according to Forbes magazine''s annual billionaires list published Tuesday. US President Donald Trump''s
Published 07 Mar, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange Tuesday remained under pressure due to selling in various sectors. BRIndex100 lost 17.73 points or 0.38 percent to close at 4,709.45 points. BRIndex100 touched intraday high of 4,754.74 and intraday low of 4,705.62 points. Volumes
Published 07 Mar, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange Tuesday remained under pressure due to selling in various sectors. BRIndex100 lost 17.73 points or 0.38 percent to close at 4,709.45 points. BRIndex100 touched intraday high of 4,754.74 and intraday low of 4,705.62 points. Volumes
Published 07 Mar, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange Tuesday remained under pressure due to selling in various sectors. BRIndex100 lost 17.73 points or 0.38 percent to close at 4,709.45 points. BRIndex100 touched intraday high of 4,754.74 and intraday low of 4,705.62 points. Volumes
Published 07 Mar, 2018 12:00am
Mehtab sees PIA break-even in 2020

Mehtab sees PIA break-even in 2020

Advisor to Prime Minister on Aviation Sardar Mehtab Ahmed Khan has said that financial restructuring strategy of Pakistan International Airlines (PIA) will help the national flag carrier attain a break-even point by 2020 and the incumbent government is wo
Published 07 Mar, 2018 12:00am
Mehtab sees PIA break-even in 2020

Mehtab sees PIA break-even in 2020

Advisor to Prime Minister on Aviation Sardar Mehtab Ahmed Khan has said that financial restructuring strategy of Pakistan International Airlines (PIA) will help the national flag carrier attain a break-even point by 2020 and the incumbent government is wo
Published 07 Mar, 2018 12:00am
Mehtab sees PIA break-even in 2020

Mehtab sees PIA break-even in 2020

Advisor to Prime Minister on Aviation Sardar Mehtab Ahmed Khan has said that financial restructuring strategy of Pakistan International Airlines (PIA) will help the national flag carrier attain a break-even point by 2020 and the incumbent government is wo
Published 07 Mar, 2018 12:00am
PSM sell-off: SC restores review petition

PSM sell-off: SC restores review petition

The Supreme Court on Tuesday restored the review petition against the privatization of Pakistan Steel Mills (PSM). A nine-member larger bench, headed by Chief Justice Mian Saqib Nisar, heard Arif Habib Group's review petition against the apex court's judg
Published 07 Mar, 2018 12:00am
PSM sell-off: SC restores review petition

PSM sell-off: SC restores review petition

The Supreme Court on Tuesday restored the review petition against the privatization of Pakistan Steel Mills (PSM). A nine-member larger bench, headed by Chief Justice Mian Saqib Nisar, heard Arif Habib Group's review petition against the apex court's judg
Published 07 Mar, 2018 12:00am
PSM sell-off: SC restores review petition

PSM sell-off: SC restores review petition

The Supreme Court on Tuesday restored the review petition against the privatization of Pakistan Steel Mills (PSM). A nine-member larger bench, headed by Chief Justice Mian Saqib Nisar, heard Arif Habib Group''s review petition against the apex court''s ju
Published 07 Mar, 2018 12:00am
PC directed to move ahead with PSM restructuring/ sell-off

PC directed to move ahead with PSM restructuring/ sell-off

Federal Minister for Privatisation Daniyal Aziz chaired a high- level meeting on Tuesday with the officials of Sui Southern Gas Company, National Bank of Pakistan, Ministry of Finance, Pakistan-China Investment Company Limited, and Pakistan Steel Mills Li
Published 07 Mar, 2018 12:00am
PC directed to move ahead with PSM restructuring/ sell-off

PC directed to move ahead with PSM restructuring/ sell-off

Federal Minister for Privatisation Daniyal Aziz chaired a high- level meeting on Tuesday with the officials of Sui Southern Gas Company, National Bank of Pakistan, Ministry of Finance, Pakistan-China Investment Company Limited, and Pakistan Steel Mills Li
Published 07 Mar, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Mar, 2018 12:00am
PC directed to move ahead with PSM restructuring/ sell-off

PC directed to move ahead with PSM restructuring/ sell-off

Federal Minister for Privatisation Daniyal Aziz chaired a high- level meeting on Tuesday with the officials of Sui Southern Gas Company, National Bank of Pakistan, Ministry of Finance, Pakistan-China Investment Company Limited, and Pakistan Steel Mills Li
Published 07 Mar, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Mar, 2018 12:00am
Presentation

Presentation

Presentation at PSX auditorium (only for members and an authorised employee of the members).

Published 07 Mar, 2018 12:00am
CCoE rejects Power Division's supply-demand figures

CCoE rejects Power Division's supply-demand figures

The Cabinet Committee on Energy (CCoE) has reportedly rejected the supply and demand figures of electricity presented by the Power Division, prepared by a foreign consultant due to wide difference with JICA figures, well-informed sources told Business
Published 07 Mar, 2018 12:00am
CCoE rejects Power Division's supply-demand figures

CCoE rejects Power Division's supply-demand figures

The Cabinet Committee on Energy (CCoE) has reportedly rejected the supply and demand figures of electricity presented by the Power Division, prepared by a foreign consultant due to wide difference with JICA figures, well-informed sources told Business
Published 07 Mar, 2018 12:00am
CCoE rejects Power Division''s supply-demand figures

CCoE rejects Power Division''s supply-demand figures

The Cabinet Committee on Energy (CCoE) has reportedly rejected the supply and demand figures of electricity presented by the Power Division, prepared by a foreign consultant due to wide difference with JICA figures, well-informed sources told Business
Published 07 Mar, 2018 12:00am
Transfer of PCCC control back to food ministry approved by Cabinet
Cotton

Transfer of PCCC control back to food ministry approved by Cabinet

The federal cabinet on Tuesday approved the transfer of administrative control of Pakistan Central Cotton Committee (PCCC) and cotton related matters back to Ministry of National Food Security and Research (MNFS&R). Secretary for Textile Division, Hassan
Published 07 Mar, 2018 12:00am
Transfer of PCCC control back to food ministry approved by Cabinet
Cotton

Transfer of PCCC control back to food ministry approved by Cabinet

The federal cabinet on Tuesday approved the transfer of administrative control of Pakistan Central Cotton Committee (PCCC) and cotton related matters back to Ministry of National Food Security and Research (MNFS&R). Secretary for Textile Division, Hassan
Published 07 Mar, 2018 12:00am
Transfer of PCCC control back to food ministry approved by Cabinet
Cotton

Transfer of PCCC control back to food ministry approved by Cabinet

The federal cabinet on Tuesday approved the transfer of administrative control of Pakistan Central Cotton Committee (PCCC) and cotton related matters back to Ministry of National Food Security and Research (MNFS&R). Secretary for Textile Division, Hassan
Published 07 Mar, 2018 12:00am
THE RUPEE: gains persist
Currency

THE RUPEE: gains persist

A kind of firmness prevailed on the money market on Tuesday as the rupee sustained rising trend against the dollar in process of trading, experts said. The rupee managed to hold present levels versus the dollar for buying and selling at Rs 110.56 and Rs 1
Published 07 Mar, 2018 12:00am
China opposes use of finance as 'political tool' against Pakistan

China opposes use of finance as 'political tool' against Pakistan

China on Tuesday said it opposed the use of finance as a political measure to put pressure on Pakistan and asked the international community to objectively and justly treat the Pakistani anti-terrorist efforts, instead of simply blaming it. Pakistani gove
Published 07 Mar, 2018 12:00am
THE RUPEE: gains persist
Currency

THE RUPEE: gains persist

A kind of firmness prevailed on the money market on Tuesday as the rupee sustained rising trend against the dollar in process of trading, experts said. The rupee managed to hold present levels versus the dollar for buying and selling at Rs 110.56 and Rs 1
Published 07 Mar, 2018 12:00am
China opposes use of finance as 'political tool' against Pakistan

China opposes use of finance as 'political tool' against Pakistan

China on Tuesday said it opposed the use of finance as a political measure to put pressure on Pakistan and asked the international community to objectively and justly treat the Pakistani anti-terrorist efforts, instead of simply blaming it. Pakistani gove
Published 07 Mar, 2018 12:00am
Brussels slams seven EU states for 'aggressive' tax policies

Brussels slams seven EU states for 'aggressive' tax policies

Seven EU countries including the Netherlands and Hungary will on Wednesday face unprecedented criticism from Brussels for "aggressive" tax policies that undercut other member states, the bloc's economic affairs commissioner said. The European Commission,
Published 07 Mar, 2018 12:00am
Khalid Mehmood made MD KWSB

Khalid Mehmood made MD KWSB

Sindh Chief Secretary Rizwan Memon on Tuesday appointed Khalid Mehmood Shaikh as the Karachi Water & Sewerage Board (KWSB) Managing Director after Hashim Raza Zaidi completed his term.
Published 07 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 06, 2018).

Published 07 Mar, 2018 12:00am
Khalid Mehmood made MD KWSB

Khalid Mehmood made MD KWSB

Sindh Chief Secretary Rizwan Memon on Tuesday appointed Khalid Mehmood Shaikh as the Karachi Water & Sewerage Board (KWSB) Managing Director after Hashim Raza Zaidi completed his term.
Published 07 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 06, 2018).

Published 07 Mar, 2018 12:00am
Trump denies White House chaos

Trump denies White House chaos

US President Donald Trump insisted his White House was not in chaos Tuesday, despite a wave of resignations and FBI investigators circling his top aides. Trump decried reports of "CHAOS in the White House" as a "Fake News narrative" in an early morning tw
Published 07 Mar, 2018 12:00am
Trump denies White House chaos

Trump denies White House chaos

US President Donald Trump insisted his White House was not in chaos Tuesday, despite a wave of resignations and FBI investigators circling his top aides. Trump decried reports of "CHAOS in the White House" as a "Fake News narrative" in an early morning tw
Published 07 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 06, 2018)

Published 07 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 06, 2018).

Published 07 Mar, 2018 12:00am
Summer season, Ramazan: cabinet vows to provide uninterrupted power

Summer season, Ramazan: cabinet vows to provide uninterrupted power

The federal cabinet which met under the chairmanship of Prime Minister Shahid Khaqan Abbasi on Tuesday expressed satisfaction over the power situation and resolved to provide uninterrupted power to the consumers during the upcoming summer season and Ramaz
Published 07 Mar, 2018 12:00am
Summer season, Ramazan: cabinet vows to provide uninterrupted power

Summer season, Ramazan: cabinet vows to provide uninterrupted power

The federal cabinet which met under the chairmanship of Prime Minister Shahid Khaqan Abbasi on Tuesday expressed satisfaction over the power situation and resolved to provide uninterrupted power to the consumers during the upcoming summer season and Ramaz
Published 07 Mar, 2018 12:00am
39 die in Russian plane crash at Syria base

39 die in Russian plane crash at Syria base

A Russian transport plane crashed on landing at an airbase in Syria Tuesday, the defence ministry said, killing all 39 people on board in one of the deadliest incidents since Moscow's intervention in the country's war. The ministry said the 33 passengers
Published 07 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 06, 2018).

Published 07 Mar, 2018 12:00am
39 die in Russian plane crash at Syria base

39 die in Russian plane crash at Syria base

A Russian transport plane crashed on landing at an airbase in Syria Tuesday, the defence ministry said, killing all 39 people on board in one of the deadliest incidents since Moscow's intervention in the country's war. The ministry said the 33 passengers
Published 07 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 06, 2018).

Published 07 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (March 06, 2018) and the forecast for Wednesday (March 07, 2018).

Published 07 Mar, 2018 12:00am
'Ethnic cleansing' of Rohingya continues: UN

'Ethnic cleansing' of Rohingya continues: UN

Myanmar is continuing its "ethnic cleansing" of the Rohingya with a "campaign of terror and forced starvation" in Rakhine state, a UN human rights envoy said on Tuesday, six months after a military crackdown sparked a mass exodus of the Muslim minority. S
Published 07 Mar, 2018 12:00am
'Ethnic cleansing' of Rohingya continues: UN

'Ethnic cleansing' of Rohingya continues: UN

Myanmar is continuing its "ethnic cleansing" of the Rohingya with a "campaign of terror and forced starvation" in Rakhine state, a UN human rights envoy said on Tuesday, six months after a military crackdown sparked a mass exodus of the Muslim minority. S
Published 07 Mar, 2018 12:00am
SBP unveils new PRISM operating rules for FIs

SBP unveils new PRISM operating rules for FIs

The State Bank of Pakistan (SBP) Tuesday issued new Pakistan Real Time Interbank Settlement Mechanism (PRISM) operating rules (PORs). These rules will be applicable on all existing as well as any future participants of PRISM, and will come into force with
Published 07 Mar, 2018 12:00am
SBP unveils new PRISM operating rules for FIs

SBP unveils new PRISM operating rules for FIs

The State Bank of Pakistan (SBP) Tuesday issued new Pakistan Real Time Interbank Settlement Mechanism (PRISM) operating rules (PORs). These rules will be applicable on all existing as well as any future participants of PRISM, and will come into force with
Published 07 Mar, 2018 12:00am
SBP unveils new PRISM operating rules for FIs

SBP unveils new PRISM operating rules for FIs

The State Bank of Pakistan (SBP) Tuesday issued new Pakistan Real Time Interbank Settlement Mechanism (PRISM) operating rules (PORs). These rules will be applicable on all existing as well as any future participants of PRISM, and will come into force with
Published 07 Mar, 2018 12:00am
Senate body asks how Dar managed to open bank account

Senate body asks how Dar managed to open bank account

Senate Standing Committee on Finance was surprised to know that former Finance Minister Ishaq Dar managed to open his bank account in Pakistan for recent Senate elections despite being on an absconders' list. A meeting of the Senate Standing Committee on
Published 07 Mar, 2018 12:00am
Senate body asks how Dar managed to open bank account

Senate body asks how Dar managed to open bank account

Senate Standing Committee on Finance was surprised to know that former Finance Minister Ishaq Dar managed to open his bank account in Pakistan for recent Senate elections despite being on an absconders' list. A meeting of the Senate Standing Committee on
Published 07 Mar, 2018 12:00am
UK warns foreign states over Russian ex-spy's suspected poisoning

UK warns foreign states over Russian ex-spy's suspected poisoning

Britain warned Tuesday it would respond "robustly" if it emerged that a government was behind the suspected poisoning of a former Russian double agent found unconscious on a street bench in England. Foreign Secretary Boris Johnson even suggested England c
Published 07 Mar, 2018 12:00am
UK warns foreign states over Russian ex-spy's suspected poisoning

UK warns foreign states over Russian ex-spy's suspected poisoning

Britain warned Tuesday it would respond "robustly" if it emerged that a government was behind the suspected poisoning of a former Russian double agent found unconscious on a street bench in England. Foreign Secretary Boris Johnson even suggested England c
Published 07 Mar, 2018 12:00am
PIA-PSM sell-off plan

PIA-PSM sell-off plan

Imran Khan, Chairman Pakistan Tehreek-e-Insaf (PTI) while addressing Pakistan International Airlines (PIA) employees at Quaid-e-Azam International Airport in Karachi recently categorically stated that the federal government does not have the mandate to pr
Published 07 Mar, 2018 12:00am
The road to martial laws

The road to martial laws

The Supreme Court's (SC's) Justice Dost Mohammad Khan delivered some interesting thoughts while addressing a ceremony in his honour by the Peshawar Bar Association on March 1, 2018. Justice Khan said that bringing political matters to the courts is paving
Published 07 Mar, 2018 12:00am
Reforming foreign exchange regime - I
Exchange

Reforming foreign exchange regime - I

It would be difficult to find another law that could rival the pervasive effect on the economy of Pakistan as did the Protection of Economic Reforms Act 1992. It was an unprecedented law, giving an over-riding effect to its provisions over all other laws.
Published 07 Mar, 2018 12:00am
Chinese yuan displacing US dollar?
Exchange

Chinese yuan displacing US dollar?

President Trump's surprise announcement on March 1, 2018 that the US will institute tariffs on steel and aluminum imports seem to have upset stock markets, angered US allies around the world and even drawn criticism from members of his own party - but whe
Published 07 Mar, 2018 12:00am
Actions speak louder than words

Actions speak louder than words

The National Accountability Bureau (NAB) seems to have emerged as a strong anti-graft body under the leadership of former Justice Javed Iqbal. That the incumbent NAB chairman is quite serious towards making his organisation credible is a fact that finds i
Published 07 Mar, 2018 12:00am
Accessibility of finance to SMEs stressed

Accessibility of finance to SMEs stressed

Governor State Bank of Pakistan (SBP) Tariq Bajwa stressed the need to pay special attention to accessibility of financing for certain priority sectors in order to ensure sustainable and inclusive growth in Pakistan. Deputy Governor SBP Riaz Riazuddin whi
Published 07 Mar, 2018 12:00am
PPP leaders call on Bilawal, Zardari

PPP leaders call on Bilawal, Zardari

The office-bearers of PPP Azad Kashmir and South Punjab separately called on the PPP Chairman Bilawal Bhutto Zardari at Bilawal House on Tuesday. The meeting discussed Party's reorganization process, the political situation in the respective region and th
Published 07 Mar, 2018 12:00am
MQM-P's MPA Heer Soho joins PPP

MQM-P's MPA Heer Soho joins PPP

Muttahida Qaumi Movement-Pakistan's MPA Heer Soho announced on Tuesday to have joined the Pakistan Peoples Party (PPP). The MPA claimed that there is no respect for women in the MQM-P, adding that she will reveal the party's treatment of women in a press
Published 07 Mar, 2018 12:00am
PML-F seeks royalty share for oil-gas producing districts

PML-F seeks royalty share for oil-gas producing districts

Pakistan Muslim League-Functional on Tuesday demanded that the government should also give a financial share from oil and gas royalty to those districts and tehsils that produce the energy. PML-F's Parliamentary Group Leader, Nand Kumar, made this demand
Published 07 Mar, 2018 12:00am
DAG asked to file data of Qadianis

DAG asked to file data of Qadianis

Islamabad High Court Tuesday directed Deputy Attorney General (DAG) to file data of Qadianis from 1947 till the last census. A single-member bench of Justice Shaukat Aziz Siddiqui directed this while hearing a petition regarding amendment to the oath of K
Published 07 Mar, 2018 12:00am
Senate body for giving voting rights to expatriates
Exchange

Senate body for giving voting rights to expatriates

Senate Standing Committee on Overseas Pakistanis and Human Resources Development has decided to write a letter to Election Commission of Pakistan (ECP) to recommend extension of voting right to Pakistani expatriates. The meeting of the committee was held
Published 07 Mar, 2018 12:00am
Parliament has to be made safe & strong: Rabbani

Parliament has to be made safe & strong: Rabbani

Chairman Senate Raza Rabbani said on Tuesday that at times it appears that an attempt is being made to roll back the rule of law but the Parliament has to be strong and safe. "And the only way is a democratic and progressive Pakistan, wherein the state in
Published 07 Mar, 2018 12:00am
SC orders arrest of drug company's owner

SC orders arrest of drug company's owner

The Supreme Court on Tuesday ordered for the arrest of owner of Everest Pharmaceuticals for manufacturing fake enhancement drugs. Muhammad Usman, owner of the drugs company, was taken into custody by the Islamabad police from the Supreme Court premises. A
Published 07 Mar, 2018 12:00am
Senate body suggests punishment for making false blasphemy charges

Senate body suggests punishment for making false blasphemy charges

Senate Functional Committee on Human Rights has recommended giving blasphemy punishment to those who concoct blasphemy accusations against others. The committee met here with Senator Nasreen Jalil in the chair on Tuesday. The committee recommended that pr
Published 07 Mar, 2018 12:00am
Babar for protecting 18th Amendment

Babar for protecting 18th Amendment

Outgoing Pakistan People's Party Senator Farhatullah Babar said on Tuesday that any attempt to roll back the 18th Amendment and provincial autonomy would be disastrous for the country. "The smaller provinces may demand parity in National Assembly as we ha
Published 07 Mar, 2018 12:00am
PTI vows to prevent PML-N from electing Senate chief

PTI vows to prevent PML-N from electing Senate chief

Pakistan Tehreek-e-Insaf (PTI) on Tuesday vowed to prevent Pakistan Muslim League-Nawaz (PML-N) from electing its chairman Senate and take control of the House for a three-year term. Speaking at a news conference after the party's core committee meeting,
Published 07 Mar, 2018 12:00am
USAID's HESN programme: Punjab universities' VCs attend roundtable moot

USAID's HESN programme: Punjab universities' VCs attend roundtable moot

Vice Chancellors and Rectors from 11 leading public and private sector universities in Punjab on Tuesday participated in a roundtable discussion hosted by the Punjab Higher Education Commission (PHEC) and the United States Agency for International Develop
Published 07 Mar, 2018 12:00am
Barbers bristle at 'fashionable' beards in KP

Barbers bristle at 'fashionable' beards in KP

Hairdressers in northwest have announced a ban in their shops on "fashionable" beards, saying trendy facial hair violates Islamic law. The decision affecting Khyber Pakhtunkhwa province echoes a similar ban introduced there more than a decade ago, after m
Published 07 Mar, 2018 12:00am
Museum opening on March 23

Museum opening on March 23

Commissioner Lahore Abdullah Khan Sunbal has said that the National History Museum at Great Iqbal Park will be inaugurated on March 23. "On the same day, a boating lake in the park will also be inaugurated," he said this while addressing a meeting held he
Published 07 Mar, 2018 12:00am
Five percent fee cap: SHC rules in favour of private schools

Five percent fee cap: SHC rules in favour of private schools

The Sindh High Court on Monday ruled in favour of private schools by quashing the contentious 5 per cent fee cap imposed by the rules framed by the Education Department, Government of Sindh under the Sindh Private Educational Institutions (Regulation & Co
Published 07 Mar, 2018 12:00am
Customs recovers heroin worth Rs 200 million

Customs recovers heroin worth Rs 200 million

Pakistan customs on Tuesday claimed to have foiled an attempt to smuggle substantial quantity of contraband heroin at Jinnah International Airport (JIAP). This was stated by Collector Preventive Dr Iftikhar at press briefing held at AFU here on Tuesday. H
Published 07 Mar, 2018 12:00am
Two alleged terrorists arrested in Haripur

Two alleged terrorists arrested in Haripur

The Counter Terrorism Department (CTD) has arrested two terrorists of a proscribed organization in an operation conducted in district Haripur of Hazara division. According to a statement, the CTD personnel conducted an operation in Haripur and arrested tw
Published 07 Mar, 2018 12:00am
Saeed Ghani takes oath as minister

Saeed Ghani takes oath as minister

Pakistan People's Party Karachi President Saeed Ghani on Tuesday included in the provincial cabinet and took oath of his responsibility at the Governor House Karachi. The PPP Sindh Assembly MPA took oath of his responsibilities from Acting Governor of Sin
Published 07 Mar, 2018 12:00am
PML-N, PPP intensify lobbying for Senate's top slots

PML-N, PPP intensify lobbying for Senate's top slots

Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) are lobbying intensely to muster up support of smaller political parties and independents to get their respective chairman and deputy chairman Senate elected, though candidates are yet
Published 07 Mar, 2018 12:00am
Parliamentary panel for probe against PCRT

Parliamentary panel for probe against PCRT

A parliamentary panel on Tuesday while snubbing the officials of the Pakistan Council of Renewable Technologies (PCRT) over their failure to produce 3,000 units of electricity per annum through solar energy has asked the government to thoroughly probe the
Published 07 Mar, 2018 12:00am
Chinese have no funds to finance KCR project, says SBI chief

Chinese have no funds to finance KCR project, says SBI chief

Naheed Memon, Chairperson, Sindh Board of Investment (SBI) Tuesday said Chinese authorities have no funds to finance Karachi Circular Railway (KCR) project under CPEC. Speaking at the concluding session "CPEC: Challenges and opportunities" at a seminar on
Published 07 Mar, 2018 12:00am
SAI to approach governor, CM for construction of CETP
Exchange

SAI to approach governor, CM for construction of CETP

An extraordinary general body meeting of Site Association of Industry (SAI) was held and it decided to approach Governor and Chief Minister Sindh to direct concerned authority to initiate construction of five Combined Effluent Treatment Plants (CETP) with
Published 07 Mar, 2018 12:00am
NA body voices concern over CDA's performance
Exchange

NA body voices concern over CDA's performance

National Assembly Standing Committee on Cabinet Secretariat has expressed serious concern over performance of Capital Development Authority (CDA) for remaining unable to compensate affectees of nurseries and land owners of sector E-12, Islamabad. The comm
Published 07 Mar, 2018 12:00am
Abbasi, Nepalese PM discuss regional issues
Exchange

Abbasi, Nepalese PM discuss regional issues

Prime Minister Shahid Khaqan Abbasi's two-day visit to Nepal has not only provided an opportunity for the leadership of two countries to discuss bilateral matters but to also exchange views on issues of global and regional significance including CPEC and
Published 07 Mar, 2018 12:00am
Education team of Maldives visits IIUI
Exchange

Education team of Maldives visits IIUI

An educational delegation comprising of VCs and senior academicians lead by Dr Amal Ali, Rector MIANZ International College, Maldives visited International Islamic University Islamabad. Professor Dr Muhammad Masoom Yasinzai, Rector, IIUI warmly welcomed t
Published 07 Mar, 2018 12:00am
GE Healthcare, Ferozsons L L and P&SHD sign agreement

GE Healthcare, Ferozsons L L and P&SHD sign agreement

GE Healthcare and one of its local partners, Ferozsons L.L will deliver a capacity-building program around maternal & infant care, including a series of application training classes and knowledge transfer sessions delivered by international and local trai
Published 07 Mar, 2018 12:00am
CJCSC, UAE defence minister discuss strategic ties

CJCSC, UAE defence minister discuss strategic ties

Chairman Joint Chiefs of Staff Committee General Zubair Mahmood met UAE Minister of Defence Affairs Mohammed bin Ahmed Al Bowardi in Abu Dhabi on Monday. During the meeting, they discussed various bilateral and strategic issues between Pakistan and UAE. T
Published 07 Mar, 2018 12:00am
President urges students to prepare for challenges of future

President urges students to prepare for challenges of future

President Mamnoon Hussain Tuesday said, students and youth have an important role in the national development and urged them to prepare themselves to deal with the challenges of future. Talking to the students of Cadet College Hasan Abdal here at the Aiwa
Published 07 Mar, 2018 12:00am
Ex-CDA chief, member finance arrested on corruption charges

Ex-CDA chief, member finance arrested on corruption charges

The Accountability Court on Tuesday granted seven-day physical remand of former Chairman Capital Development Authority Imtiaz Inayat Elahi and former Member Finance CDA Saeed-Ur-Rehman, who were arrested by National Accountability Bureau (NAB). A senior o
Published 07 Mar, 2018 12:00am
Worst kind of horse-trading witnessed in Senate poll, alleges ANP

Worst kind of horse-trading witnessed in Senate poll, alleges ANP

General Secretary ANP, Khyber Pakhtunkhwa, Sardar Hussain Babak has alleged worst horse-trading in the Senate elections, adding political parties have fielded billionaires as their candidates. He was addressing a press conference here at Bacha Khan Markaz
Published 07 Mar, 2018 12:00am
Muqam slams Imran over issuing tickets to billionaires

Muqam slams Imran over issuing tickets to billionaires

The Advisor to Prime Minister and provincial president PML-N Khyber Pakhtunkhwa Amir Muqam on Tuesday criticised PTI chairman Imran Khan and KP Chief Minister Pervez Khattak for awarding party tickets to billionaires for Senate polls.
Published 07 Mar, 2018 12:00am
Citizen's plea to IGP

Citizen's plea to IGP

Farmanullah Khan, a resident of village Gundi Khankhel, district Lakki Marwat has requested the KP Inspector General of Police (IGP) for provision of protection to him against the Station House Officer (SHO), Sarai Naurang police station.
Published 07 Mar, 2018 12:00am
Air Chief Marshal Sohail pays farewell call on Naval chief

Air Chief Marshal Sohail pays farewell call on Naval chief

Chief of the Air Staff, Air Chief Marshal Sohail Aman paid a farewell call on Chief of the Naval Staff Admiral Zafar Mahmood Abbasi at Naval Headquarters, Islamabad. Upon arrival at Naval Headquarters, the dignitary was received by Chief of the Naval Staf
Published 07 Mar, 2018 12:00am
DGTO accuses trade organisations of flouting rules

DGTO accuses trade organisations of flouting rules

Director General Trade Organisations Ministry of Commerce and Textile Division (DGTO-MCT) Waqar Ahmad Shah on Tuesday expressed his dissatisfaction over poor performance of the licensed trade organisations regarding implementation of the regulator's provi
Published 07 Mar, 2018 12:00am
PBC holds seminar on 'Documentation of Economy'
Exchange

PBC holds seminar on 'Documentation of Economy'

Pakistan Business Council (PBC) in collaboration with the Institute of Chartered Accountants of Pakistan (ICAP) organised a seminar on the "Documentation of the economy" focusing on remittances under Section 111 (4) of the Income Tax Ordinance and the reg
Published 07 Mar, 2018 12:00am
Naqeebullah's father demands immediate arrest of Rao Anwar

Naqeebullah's father demands immediate arrest of Rao Anwar

Malik Mohammad Khan, father of Naqeebullah Mehsud, has demanded of the government and relevant state institutions to immediately arrest the former SSP Malir, Rao Anwar and to produce him before the Supreme Court. Speaking at a news conference at Peshawar
Published 07 Mar, 2018 12:00am
LUMHS Jamshoro marks 'World Kidney Day'

LUMHS Jamshoro marks 'World Kidney Day'

To mark the World Kidney Day, the Department of Urology Liaquat University of Medical & Health Sciences Jamshoro arranged a Workshop followed by a Public awareness walk on Tuesday. While addressing the participants the Vice Chancellor LUMHS Professor Bikh
Published 07 Mar, 2018 12:00am
SZABIST Law School organises annual dinner

SZABIST Law School organises annual dinner

A reunion of the legal fraternity took place at SZABIST Law School on 4th March 2018 with the esteemed lawyers of Karachi and the renowned Justices of the Sindh High Court, including the Honorable Chief Justice Ahmed Ali M. Shaikh himself in attendance. T
Published 07 Mar, 2018 12:00am
Journey for revival of film, music, sports starts: Marriyum

Journey for revival of film, music, sports starts: Marriyum

Marriyum Aurangzeb, Minister of State for Information, Broadcasting, National History and Literary Heritage while speaking at the launching ceremony of PTV Sports programmes said that journey for revival of film, music and sports had started with marked i
Published 07 Mar, 2018 12:00am
Janjua highlights Pakistan's sacrifices in war against terrorism

Janjua highlights Pakistan's sacrifices in war against terrorism

National Security Adviser, Lieutenant General Nasser Khan Janjua on Tuesday said Pakistan was committed to have friendly and cooperative relations with all regional countries. "We want to work with United States and Afghanistan in a cooperative framework.
Published 07 Mar, 2018 12:00am
Sindh University VC pays rich tributes to Kalich Beg

Sindh University VC pays rich tributes to Kalich Beg

"Mirza Kalich Beg was a towering figure and an institution. His creative genius pervaded the first half of the twentieth century Sindhi literary landscape. I am all but astounded to note with an air of incredulity his prolific written output as he wrote a
Published 07 Mar, 2018 12:00am
McDonald's joins hands with CSD

McDonald's joins hands with CSD

McDonald's Pakistan signed an agreement with CSD (Canteen Stores Department) in Islamabad on March 1, 2018 for opening a restaurant at the CSD premises at Bhara Kahu. At the signing ceremony, McDonalds was represented by Jamil Mughal, Chief Marketing Offi
Published 07 Mar, 2018 12:00am
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