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Archive - 2018-03-10
PN launches land based anti- ship missile
Pakistan Top News

PN launches land based anti- ship missile

KARACHI: Pakistan Navy test fired land based anti-ship missile as part of a training exercise from the coastal regio
Published 10 Mar, 2018 10:50pm
CJP slams CM Shehbaz's publicity campaigns
Pakistan Top News

CJP slams CM Shehbaz's publicity campaigns

Punjab Chief Minister Shehbaz Sharif has again come under the Supreme Court's (SC) radar, for using taxpayers' money
Published 10 Mar, 2018 08:52am
Rock art and mystery: ancient camel sculptures in Saudi desert

Rock art and mystery: ancient camel sculptures in Saudi desert

Squinting in the Saudi desert, Hussain al-Khalifah points at his unprecedented archaeological discovery - camels carved on russet-hued rocky spurs that could shed new light on the evolution of rock art. Around a dozen humped sculptures, some of them damag
Published 10 Mar, 2018 12:00am
Egypt uncovers ancient necropolis south of Cairo

Egypt uncovers ancient necropolis south of Cairo

Egyptian archaeologists have discovered an ancient necropolis containing 40 stone sarcophagi, about 1,000 small statues and a necklace charm bearing the hieroglyphic inscription "happy new year". Antiquities minister Khaled El-Enany said last Saturday the
Published 10 Mar, 2018 12:00am
Yes, working hard in high school can pay off later

Yes, working hard in high school can pay off later

High school students who are responsible and have solid reading and writing skills may be more likely to succeed in college and go on to snag a high-paying, prestigious job than their classmates who slack off, a new study confirms. It's not necessarily a
Published 10 Mar, 2018 12:00am
Cakes - all time favorite dessert

Cakes - all time favorite dessert

We all love eating cake, because of its amazing taste, beautiful decoration, and yummy flavour. The lip-smacking dessert is the best selling baked desert around the world. These are made with the measured combination of flour, butter, sugar, eggs and baki
Published 10 Mar, 2018 12:00am
Soccer is basically medicine, some researchers argue

Soccer is basically medicine, some researchers argue

Compared to inactive people, recreational soccer players have lower cholesterol, blood pressure and resting heart rates as well as less fat mass, a research review suggests. Compared to some other forms of exercise, including running and Zumba, soccer may
Published 10 Mar, 2018 12:00am
'The Shape of Water' and cinema's love affair with monsters

'The Shape of Water' and cinema's love affair with monsters

In the charm stakes, he's hardly Cary Grant, but the goofy-looking amphibian in "The Shape of Water" upholds a tradition of monster movies that has captured the public's imagination since the early days of cinema. Guillermo del Toro's genetically-modified
Published 10 Mar, 2018 12:00am
Oscars activism-fueled night

Oscars activism-fueled night

Romantic fantasy "The Shape of Water" won the best picture Oscar on Sunday, the film industry's most prestigious honor, on a night where themes of female empowerment and activism almost overshadowed the awards. The Fox Searchlight movie's Mexican filmmake
Published 10 Mar, 2018 12:00am
Happy 90th birthday, Oscar. You must remember this?

Happy 90th birthday, Oscar. You must remember this?

The Oscars, the highest honors in the movie business, celebrate their 90th anniversary on Sunday. Since 1929, the glamorous event has captured the imaginations of film fans around the world. The 90th Academy Awards, given out by the Academy of Motion Pict
Published 10 Mar, 2018 12:00am
Bridge Notes: The foresight in Bridge
Exchange

Bridge Notes: The foresight in Bridge

Bridge is a game of reason and foresight - two vital qualities that makes a Bridge player fall in the category of experts. After all there are only 52 cards that lie distributed and looking at half the deck, all the good declarer needs, is to reason out t
Published 10 Mar, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Mar, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Mar, 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 10 Mar, 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 10 Mar, 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 (March 09, 2018).

Published 10 Mar, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (March 09, 2018).
Published 10 Mar, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
FBR offers facility to pay taxes via bank accounts

FBR offers facility to pay taxes via bank accounts

The Federal Board of Revenue Friday launched a new facility for taxpayers to pay taxes directly from their commercial bank accounts for which the FBR in collaboration with State Bank of Pakistan (SBP) and 1-Link Network is offering online payment mechanis
Published 10 Mar, 2018 12:00am
FBR offers facility to pay taxes via bank accounts

FBR offers facility to pay taxes via bank accounts

The Federal Board of Revenue Friday launched a new facility for taxpayers to pay taxes directly from their commercial bank accounts for which the FBR in collaboration with State Bank of Pakistan (SBP) and 1-Link Network is offering online payment mechanis
Published 10 Mar, 2018 12:00am
FBR offers facility to pay taxes via bank accounts

FBR offers facility to pay taxes via bank accounts

The Federal Board of Revenue Friday launched a new facility for taxpayers to pay taxes directly from their commercial bank accounts for which the FBR in collaboration with State Bank of Pakistan (SBP) and 1-Link Network is offering online payment mechanis
Published 10 Mar, 2018 12:00am
China has no record of CPEC western route, Senator claims

China has no record of CPEC western route, Senator claims

The government on Friday was accused of concealing facts about the western route of the China Pakistan Economic Corridor (CPEC). The allegations came to the Senate from none other than government's own ally Pakhtunkhwa Milli Awami Party (PkMAP) Senator Us
Published 10 Mar, 2018 12:00am
China has no record of CPEC western route, Senator claims

China has no record of CPEC western route, Senator claims

The government on Friday was accused of concealing facts about the western route of the China Pakistan Economic Corridor (CPEC). The allegations came to the Senate from none other than government's own ally Pakhtunkhwa Milli Awami Party (PkMAP) Senator Us
Published 10 Mar, 2018 12:00am
China has no record of CPEC western route, Senator claims

China has no record of CPEC western route, Senator claims

The government on Friday was accused of concealing facts about the western route of the China Pakistan Economic Corridor (CPEC). The allegations came to the Senate from none other than government''s own ally Pakhtunkhwa Milli Awami Party (PkMAP) Senator U
Published 10 Mar, 2018 12:00am
Trichotomy of power: Rabbani explains why he didn't announce ruling

Trichotomy of power: Rabbani explains why he didn't announce ruling

A visibly perturbed outgoing Senate Chairman Raza Rabbani on Friday indicated that he may let go his new Senate seat after party Co-Chairman Asif Ali Zardari accused him of not resisting the 'anti-democratic' moves by former Prime Minister Nawaz Sharif. A
Published 10 Mar, 2018 12:00am
Trichotomy of power: Rabbani explains why he didn't announce ruling

Trichotomy of power: Rabbani explains why he didn't announce ruling

A visibly perturbed outgoing Senate Chairman Raza Rabbani on Friday indicated that he may let go his new Senate seat after party Co-Chairman Asif Ali Zardari accused him of not resisting the 'anti-democratic' moves by former Prime Minister Nawaz Sharif. A
Published 10 Mar, 2018 12:00am
PPP claims to have 57 votes

PPP claims to have 57 votes

Pakistan Peoples Party (PPP) leader Dr Qayoom Soomro has claimed that the party enjoys support of 57 senators to its nominee for Chairman Senate. PPP co-chairman Asif Ali Zardari has reportedly invited independent senators from Balochistan over a tea part
Published 10 Mar, 2018 12:00am
PPP claims to have 57 votes

PPP claims to have 57 votes

Pakistan Peoples Party (PPP) leader Dr Qayoom Soomro has claimed that the party enjoys support of 57 senators to its nominee for Chairman Senate. PPP co-chairman Asif Ali Zardari has reportedly invited independent senators from Balochistan over a tea part
Published 10 Mar, 2018 12:00am
Bilawal calls on Rabbani

Bilawal calls on Rabbani

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari called on Senate Chairman Raza Rabbani here on Friday. The meeting took place in the backdrop of recent political developments revolving around Senate elections. In the meeting Chairman PPP praised Ra
Published 10 Mar, 2018 12:00am
Bilawal calls on Rabbani

Bilawal calls on Rabbani

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari called on Senate Chairman Raza Rabbani here on Friday. The meeting took place in the backdrop of recent political developments revolving around Senate elections. In the meeting Chairman PPP praised Ra
Published 10 Mar, 2018 12:00am
July-February: exports post 11.66 percent growth
Exchange

July-February: exports post 11.66 percent growth

The country's exports have posted a growth of 11.66 per cent during first eight months (July- February) 2017-18 to $ 14.854 billion against $ 13.303 billion during the corresponding period of 2016-17. In February 2018, exports achieved a growth of 16.5 pe
Published 10 Mar, 2018 12:00am
July-February: exports post 11.66 percent growth
Exchange

July-February: exports post 11.66 percent growth

The country's exports have posted a growth of 11.66 per cent during first eight months (July- February) 2017-18 to $ 14.854 billion against $ 13.303 billion during the corresponding period of 2016-17. In February 2018, exports achieved a growth of 16.5 pe
Published 10 Mar, 2018 12:00am
July-February: exports post 11.66 percent growth
Exchange

July-February: exports post 11.66 percent growth

The country''s exports have posted a growth of 11.66 per cent during first eight months (July- February) 2017-18 to $ 14.854 billion against $ 13.303 billion during the corresponding period of 2016-17. In February 2018, exports achieved a growth of 16.5 p
Published 10 Mar, 2018 12:00am
$12.8 billion remittance received

$12.8 billion remittance received

Pakistan has received workers' remittances amounted to $12.8 billion during the first eight months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers have remitted $12.834 billion in July to February of FY18 c
Published 10 Mar, 2018 12:00am
$12.8 billion remittance received

$12.8 billion remittance received

Pakistan has received workers' remittances amounted to $12.8 billion during the first eight months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers have remitted $12.834 billion in July to February of FY18 c
Published 10 Mar, 2018 12:00am
$12.8 billion remittance received

$12.8 billion remittance received

Pakistan has received workers'' remittances amounted to $12.8 billion during the first eight months of this fiscal year (FY18). According to State Bank of Pakistan (SBP) overseas Pakistani workers have remitted $12.834 billion in July to February of FY18
Published 10 Mar, 2018 12:00am
IHC asks citizens to declare religion

IHC asks citizens to declare religion

The Islamabad High Court has declared that a faith affidavit must be submitted to apply for all government, semi-government institutions, including judiciary, armed forces and civil services. A single bench of IHC comprising Justice Shaukat Aziz Siddiqui
Published 10 Mar, 2018 12:00am
IHC asks citizens to declare religion

IHC asks citizens to declare religion

The Islamabad High Court has declared that a faith affidavit must be submitted to apply for all government, semi-government institutions, including judiciary, armed forces and civil services. A single bench of IHC comprising Justice Shaukat Aziz Siddiqui
Published 10 Mar, 2018 12:00am
World stocks up as Trump and Kim agree to talk

World stocks up as Trump and Kim agree to talk

World stock markets advanced on Friday after US job growth posted its biggest increase in more than 1-1/2 years, but the US dollar slipped against most peers except the yen as slowing wage gains indicated only a gradual increase in inflation this year.
Published 10 Mar, 2018 12:00am
World stocks up as Trump and Kim agree to talk

World stocks up as Trump and Kim agree to talk

World stock markets advanced on Friday after US job growth posted its biggest increase in more than 1-1/2 years, but the US dollar slipped against most peers except the yen as slowing wage gains indicated only a gradual increase in inflation this year.
Published 10 Mar, 2018 12:00am
Rs 24 million spent on 46 foreign tours of two commerce ministers

Rs 24 million spent on 46 foreign tours of two commerce ministers

Two successive ministers for commerce have spent Rs 23.87 million on 46 foreign tours since June 2013; however, these tours were part of trade diplomacy and impact of such tours cannot be measured numerically and in short-term.
Published 10 Mar, 2018 12:00am
Rs 24 million spent on 46 foreign tours of two commerce ministers

Rs 24 million spent on 46 foreign tours of two commerce ministers

Two successive ministers for commerce have spent Rs 23.87 million on 46 foreign tours since June 2013; however, these tours were part of trade diplomacy and impact of such tours cannot be measured numerically and in short-term.
Published 10 Mar, 2018 12:00am
Rs 24 million spent on 46 foreign tours of two commerce ministers

Rs 24 million spent on 46 foreign tours of two commerce ministers

Two successive ministers for commerce have spent Rs 23.87 million on 46 foreign tours since June 2013; however, these tours were part of trade diplomacy and impact of such tours cannot be measured numerically and in short-term.
Published 10 Mar, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

Pakistan Stock Exchange ended on negative note on the last trading day of the week Friday due to selling, mainly by local investors in various stocks. BRIndex100 lost another 10.42 points or 0.23 percent to close at 4,617.75 points. BRIndex100 touched int
Published 10 Mar, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

Pakistan Stock Exchange ended on negative note on the last trading day of the week Friday due to selling, mainly by local investors in various stocks. BRIndex100 lost another 10.42 points or 0.23 percent to close at 4,617.75 points. BRIndex100 touched int
Published 10 Mar, 2018 12:00am
BRIndex100 extends losses
Exchange

BRIndex100 extends losses

Pakistan Stock Exchange ended on negative note on the last trading day of the week Friday due to selling, mainly by local investors in various stocks. BRIndex100 lost another 10.42 points or 0.23 percent to close at 4,617.75 points. BRIndex100 touched int
Published 10 Mar, 2018 12:00am
FY 2018 fiscal deficit to soar to 6.3 percent
Exchange

FY 2018 fiscal deficit to soar to 6.3 percent

The government will be unable to limit fiscal deficit below 6 percent in the current fiscal year against budget target of 4.3 percent due to expected shortfall in revenue, higher than budgeted expenditure and little likelihood of provinces providing a sur
Published 10 Mar, 2018 12:00am
FY 2018 fiscal deficit to soar to 6.3 percent
Exchange

FY 2018 fiscal deficit to soar to 6.3 percent

The government will be unable to limit fiscal deficit below 6 percent in the current fiscal year against budget target of 4.3 percent due to expected shortfall in revenue, higher than budgeted expenditure and little likelihood of provinces providing a sur
Published 10 Mar, 2018 12:00am
FY 2018 fiscal deficit to soar to 6.3 percent
Exchange

FY 2018 fiscal deficit to soar to 6.3 percent

The government will be unable to limit fiscal deficit below 6 percent in the current fiscal year against budget target of 4.3 percent due to expected shortfall in revenue, higher than budgeted expenditure and little likelihood of provinces providing a sur
Published 10 Mar, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Mar, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 10 Mar, 2018 12:00am
Nepra approves revision in Matiari transmission line tariff

Nepra approves revision in Matiari transmission line tariff

The National Electric Power Regulatory Authority (Nepra) has approved revision in transmission tariff for ± 660kV 4000 MW HVDC Matiari-Lahore Transmission Line Project for 25 years. According to the revised determination, O&M tariff for foreign component
Published 10 Mar, 2018 12:00am
Nepra approves revision in Matiari transmission line tariff

Nepra approves revision in Matiari transmission line tariff

The National Electric Power Regulatory Authority (Nepra) has approved revision in transmission tariff for ± 660kV 4000 MW HVDC Matiari-Lahore Transmission Line Project for 25 years. According to the revised determination, O&M tariff for foreign component
Published 10 Mar, 2018 12:00am
Nepra approves revision in Matiari transmission line tariff

Nepra approves revision in Matiari transmission line tariff

The National Electric Power Regulatory Authority (Nepra) has approved revision in transmission tariff for ± 660kV 4000 MW HVDC Matiari-Lahore Transmission Line Project for 25 years. According to the revised determination, O&M tariff for foreign component
Published 10 Mar, 2018 12:00am
Asif speaks about Pak-US relationship

Asif speaks about Pak-US relationship

Foreign Minister Khawaja Muhammad Asif has said that the United States wants to make Pakistan part of its proxy war but the latter will never do so. The minister expressed these views while speaking here on the floor of the National Assembly on Friday.
Published 10 Mar, 2018 12:00am
Asif speaks about Pak-US relationship

Asif speaks about Pak-US relationship

Foreign Minister Khawaja Muhammad Asif has said that the United States wants to make Pakistan part of its proxy war but the latter will never do so. The minister expressed these views while speaking here on the floor of the National Assembly on Friday.
Published 10 Mar, 2018 12:00am
Dar's election as Senator challenged

Dar's election as Senator challenged

The election of Ishaq Dar, former finance minister and leader of Pakistan Muslim League-Nawaz, as senator has been challenged in the Supreme Court. Muhammad Nawazish Ali Pirzada Friday filed a petition under Article 185(3) of Constitution and made Electio
Published 10 Mar, 2018 12:00am
Dar's election as Senator challenged

Dar's election as Senator challenged

The election of Ishaq Dar, former finance minister and leader of Pakistan Muslim League-Nawaz, as senator has been challenged in the Supreme Court. Muhammad Nawazish Ali Pirzada Friday filed a petition under Article 185(3) of Constitution and made Electio
Published 10 Mar, 2018 12:00am
US offers $5 million reward for Maulana Fazlullah

US offers $5 million reward for Maulana Fazlullah

The US State Department placed a $5 million reward for help locating the leader of the Pakistani Taliban on Thursday, linked to bloody attacks in Pakistan and the 2010 attempted Times Square car bombing in New York. The State Department posted the reward
Published 10 Mar, 2018 12:00am
US offers $5 million reward for Maulana Fazlullah

US offers $5 million reward for Maulana Fazlullah

The US State Department placed a $5 million reward for help locating the leader of the Pakistani Taliban on Thursday, linked to bloody attacks in Pakistan and the 2010 attempted Times Square car bombing in New York. The State Department posted the reward
Published 10 Mar, 2018 12:00am
BAE Systems inks Saudi deal for 48 Typhoon jets
Exchange

BAE Systems inks Saudi deal for 48 Typhoon jets

Britain has signed a multi-billion-pound preliminary order from Saudi Arabia for 48 Eurofighter Typhoon fighter jets, military equipment maker BAE Systems said on Friday. The lucrative deal was unveiled on the third and final day of Saudi Crown Prince Moh
Published 10 Mar, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

Slight changes were seen on the money market on Friday as the rupee did not move rapidly against the dollar in process of trading, experts said. The rupee inched up by two paisas versus the dollar for buying and selling at Rs 110.55 and Rs 110.56 respecti
Published 10 Mar, 2018 12:00am
BAE Systems inks Saudi deal for 48 Typhoon jets
Exchange

BAE Systems inks Saudi deal for 48 Typhoon jets

Britain has signed a multi-billion-pound preliminary order from Saudi Arabia for 48 Eurofighter Typhoon fighter jets, military equipment maker BAE Systems said on Friday. The lucrative deal was unveiled on the third and final day of Saudi Crown Prince Moh
Published 10 Mar, 2018 12:00am
THE RUPEE: minor changes
Currency

THE RUPEE: minor changes

Slight changes were seen on the money market on Friday as the rupee did not move rapidly against the dollar in process of trading, experts said. The rupee inched up by two paisas versus the dollar for buying and selling at Rs 110.55 and Rs 110.56 respecti
Published 10 Mar, 2018 12:00am
BAE Systems inks Saudi deal for 48 Typhoon jets
Exchange

BAE Systems inks Saudi deal for 48 Typhoon jets

Britain has signed a multi-billion-pound preliminary order from Saudi Arabia for 48 Eurofighter Typhoon fighter jets, military equipment maker BAE Systems said on Friday. The lucrative deal was unveiled on the third and final day of Saudi Crown Prince Moh
Published 10 Mar, 2018 12:00am
'BJP using anti Pakistan rhetoric to win elections'

'BJP using anti Pakistan rhetoric to win elections'

The BJP is vigorously preparing for 2019 elections and is already using anti-Muslim violence and rhetoric, lavishly bashing Pakistan and Babri Masjid issue to polarize and gain Hindu sympathies while several of its members are already issuing threats to M
Published 10 Mar, 2018 12:00am
Ashiana-e-Iqbal Housing Scheme scam: NAB arrests CE Lahore Development

Ashiana-e-Iqbal Housing Scheme scam: NAB arrests CE Lahore Development

National Accountability Bureau (NAB ) on Friday arrested Chief Engineer Lahore Development Israr Saeed along with three other officials including Bilal Qudwai, Col Arif (retd) and Imtiaz Haider in Ashiana-e-Iqbal Housing Scheme scam. Earlier NAB had calle
Published 10 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
Ashiana-e-Iqbal Housing Scheme scam: NAB arrests CE Lahore Development

Ashiana-e-Iqbal Housing Scheme scam: NAB arrests CE Lahore Development

National Accountability Bureau (NAB ) on Friday arrested Chief Engineer Lahore Development Israr Saeed along with three other officials including Bilal Qudwai, Col Arif (retd) and Imtiaz Haider in Ashiana-e-Iqbal Housing Scheme scam. Earlier NAB had calle
Published 10 Mar, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
India's SC allows 'living wills' for terminally ill

India's SC allows 'living wills' for terminally ill

India's top court ruled Friday that terminally ill patients have the right to refuse care, approving the use of "living wills" to set out how they want to be treated. The Supreme Court's order - hailed as "historic" by petitioners - means medical treatmen
Published 10 Mar, 2018 12:00am
India's SC allows 'living wills' for terminally ill

India's SC allows 'living wills' for terminally ill

India's top court ruled Friday that terminally ill patients have the right to refuse care, approving the use of "living wills" to set out how they want to be treated. The Supreme Court's order - hailed as "historic" by petitioners - means medical treatmen
Published 10 Mar, 2018 12:00am
$5 billion refinery to be set up at Hub

$5 billion refinery to be set up at Hub

Pakistan in collaboration with UAE is going to establish a state-of-the-art refinery with an estimated investment of around $5 billion at Hub, Baluchistan, said Director General Oil (Ministry of Petroleum and Natural Resources), Abdul Jabbar Memon, on Fri
Published 10 Mar, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 09, 2018)

Published 10 Mar, 2018 12:00am
$5 billion refinery to be set up at Hub

$5 billion refinery to be set up at Hub

Pakistan in collaboration with UAE is going to establish a state-of-the-art refinery with an estimated investment of around $5 billion at Hub, Baluchistan, said Director General Oil (Ministry of Petroleum and Natural Resources), Abdul Jabbar Memon, on Fri
Published 10 Mar, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
$5 billion refinery to be set up at Hub

$5 billion refinery to be set up at Hub

Pakistan in collaboration with UAE is going to establish a state-of-the-art refinery with an estimated investment of around $5 billion at Hub, Baluchistan, said Director General Oil (Ministry of Petroleum and Natural Resources), Abdul Jabbar Memon, on Fri
Published 10 Mar, 2018 12:00am
A caution and a critique

A caution and a critique

Outgoing Senate Chairman Raza Rabbani has expressed concern over the growing judicial meddling in legislative processes and the issuance of a contempt notice to the Khyber Pakhtunkhwa (KP) Assembly Speaker by the Peshawar High Court. Speaking to the upper
Published 10 Mar, 2018 12:00am
Transgender reality

Transgender reality

Happily for the transgender community in this country, things have gradually been getting better during the recent years. In 2009, the Supreme Court took the first important step in that direction, ordering the issuance of computerized national identity c
Published 10 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
CPEC on the go
Exchange

CPEC on the go

Overcoming all global or regional obstructions, the China Pakistan Economic Corridor (CPEC) sends a strong message across: the CPEC is on the go! In an encouraging development on the home front, all provinces have embraced the reality that the CPEC is the
Published 10 Mar, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (March 09, 2018).

Published 10 Mar, 2018 12:00am
Bull market aging but still has juice to break record

Bull market aging but still has juice to break record

The bull market for stocks turns nine years old on Friday and, despite being long in the tooth, appears poised to set the record as the longest in history, buoyed by global economic growth and stronger company earnings. It is unlikely to be a smooth ride,
Published 10 Mar, 2018 12:00am
The Weather

The Weather

The weather report on Friday (March 09, 2018) and the forecast for Saturday (March 10, 2018).

Published 10 Mar, 2018 12:00am
Karachi continues to suffer

Karachi continues to suffer

This apropos a Business Recorder news item "NIP discouraging foreign investment in Karachi?" carried by the newspaper yesterday. According to it, the industrial investment at the Special Economic Zone (SEZ) located at Bin Qasim Industrial Area (BQI
Published 10 Mar, 2018 12:00am
Tariffs could have unintended effects in Trump country

Tariffs could have unintended effects in Trump country

From ketchup to automobiles and soybeans, President Donald Trump's contentious tariffs on steel and aluminum imports could bring unintended consequences for industries in the very places that handed him his election victory.
Published 10 Mar, 2018 12:00am
Pakistan condemns Kabul attack

Pakistan condemns Kabul attack

Pakistan strongly condemned the terrorist attack in Mosalla-e-Mazar area of Kabul on Friday. "We are grieved at the loss of precious lives in the brutal attack of terrorism. We express our deepest sympathies and condolences to the bereaved families and pr
Published 10 Mar, 2018 12:00am
Paracha made Zardari's spokesperson

Paracha made Zardari's spokesperson

President Pakistan People's Party Parliamentarians (PPPP), Asif Ali Zardari has appointed Amir Fida Paracha as spokesperson to President PPPP with immediate effect. A notification in this regard has been issued by Rukhsana Bangash, the Political Secretary
Published 10 Mar, 2018 12:00am
PSX clarification
Exchange

PSX clarification

Pakistan Stock Exchange denies in strongest possible terms various "unfounded" and "baseless" allegations contained in the article captioned 'Spring-Clean at the PSX' which appeared in Business Recorder of March 6, 2018, particularly the assertion
Published 10 Mar, 2018 12:00am
Horse-trading in Senate elections: JI urges SC to take action

Horse-trading in Senate elections: JI urges SC to take action

Ameer Jamaat-e-Islami, Pakistan, Senator Sirajul Haq, has called upon the Supreme Court to strictly deal with those indulging in horse trading in the Senate elections. Addressing a large public meeting at Mardan on Friday, he also urged the political part
Published 10 Mar, 2018 12:00am
Senate chairman: Fazl asks Nawaz to support consensus candidate

Senate chairman: Fazl asks Nawaz to support consensus candidate

Chief of his own faction of Jamiat Ulema-e-Islam (JUI), Maulana Fazlur Rehman met former prime minister Nawaz Sharif in Lahore on Friday and discussed matters related to election of Senate chairman and deputy chairman. Sources claimed that Maulana Fazl su
Published 10 Mar, 2018 12:00am
ECP notifies names of Senators-elect

ECP notifies names of Senators-elect

The Election Commission of Pakistan (ECP) Friday formally notified all candidates who were successfully elected in March 3 Senate elections except the five senators-elect for their dual nationality. The Election Commission has withheld notifications of th
Published 10 Mar, 2018 12:00am
PHC verdict: time-barred appeal can't be allowed: SC

PHC verdict: time-barred appeal can't be allowed: SC

The Supreme Court Friday observed that time-barred appeal can't be entertained as it would set wrong precedent. A three-judge bench, headed by Justice Asif Saeed Khan Khosa, dismissed an appeal against the Peshawar High Court verdict in a murder case.
Published 10 Mar, 2018 12:00am
Private medical colleges won't be allowed to rob students: CJP

Private medical colleges won't be allowed to rob students: CJP

The Chief justice of Pakistan Mian Saqib Nisar on Friday said private medical colleges would not be allowed to rob students in the name of education and admission. Hearing a suo motu matter about higher fees of the private medical colleges a bench led by
Published 10 Mar, 2018 12:00am
Fata Senators, CM Balochistan meet Zardari, Bilawal

Fata Senators, CM Balochistan meet Zardari, Bilawal

Senators from FATA called on former president of Pakistan Asif Ali Zardari and chairman Pakistan Peoples Party Bilawal Bhutto-Zardari at Zardari House Islamabad on Friday.
Published 10 Mar, 2018 12:00am
'My-Karachi, Oasis of Harmony Exhibition' to be held on April 20

'My-Karachi, Oasis of Harmony Exhibition' to be held on April 20

The KCCI's My-Karachi, Oasis of Harmony Exhibition 2018, will portray the true picture of Karachi as a peaceful city and economic hub of Pakistan; this was expressed by Siraj Kassam Teli, chairman Businessmen Group and former president of Karachi Chamber
Published 10 Mar, 2018 12:00am
PML-N's chances of winning Senate chief's post brightens

PML-N's chances of winning Senate chief's post brightens

The chances of the ruling PML-N to win the Senate chairman election as compared to the PPP, seem to be high, after the Pakistan Tehreek-e-Insaf (PTI) refused to support Pakistan Peoples Party (PPP) and Pakistan Muslim League-Nawaz's nominees for top slot
Published 10 Mar, 2018 12:00am
Zainab's father seeks security over threats

Zainab's father seeks security over threats

Father of seven-year-old girl Zainab, Haji Ameen Ansari on Friday filed a plea in Supreme Court seeking security due to threats from convict Imran Ali's family. In a plea, the plaintiff said that Imran's relatives are harassing. He also demanded to arrest
Published 10 Mar, 2018 12:00am
'Pakistan's image improved after giving full support to BRI'
Exchange

'Pakistan's image improved after giving full support to BRI'

The image of Pakistan has improved as the country gives full support to China's Belt and Road Initiative (BRI), says a Chinese leading media house, the Global Times. As an example, Pakistan Prime Minister Shahid Khaqan Abbasi was the first high-level fore
Published 10 Mar, 2018 12:00am
Workshop on 'Muslim women as agent of change' concludes at IIU

Workshop on 'Muslim women as agent of change' concludes at IIU

A two-day workshop on Muslim women as agent of change concluded at International Islamic University (IIU) focusing on the responsibilities of women in various roles to counter terrorism and disseminating message of peace.
Published 10 Mar, 2018 12:00am
PRP, Punjab HEC ink MoU for breast cancer awareness drive

PRP, Punjab HEC ink MoU for breast cancer awareness drive

The Pink Ribbon Pakistan (PRP) and the Punjab Higher Education Commission (PHEC) signed a memorandum of understanding (MoU) for breast cancer awareness drive in the higher education institutions of the province. Professor Dr Mohammad Nizamuddin Chairperso
Published 10 Mar, 2018 12:00am
Ghulam Khan border reopens for Pak-Afghan trade activities

Ghulam Khan border reopens for Pak-Afghan trade activities

The Pak-Afghan border was reopened on Friday for trade activities at Ghulam Khan, North Waziristan Agency (NWA) on trial basis. Ghulam Khan border was closed for every sort of economic activities as well as for tribesmen living on both sides of Pak-Afghan
Published 10 Mar, 2018 12:00am
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