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Archive - 2018-04-01
Dry weather predicted  
General News

Dry weather predicted  

PESHAWAR: The Provincial Met Office Sunday forecast dry weather for most parts in Khyber Pakhtunkhwa and FATA. Howeve
Published 01 Apr, 2018 12:11pm
Punjab vows to promote horticulture sector

Punjab vows to promote horticulture sector

The Punjab government has assured full support and assistance for the forthcoming National Horticulture Conference being organised in collaboration with Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and All Pakistan fruit and vegetable
Published 01 Apr, 2018 12:00am
CPEC opens up new era of development in KP: Khattak

CPEC opens up new era of development in KP: Khattak

Chief Minister KPK Pervez Khattak has said that the CPEC has opened a new era of development in their province. While addressing the launching ceremony of Dr Shafiq Jalandhry's book titled "Beautiful Pakistan: Gilgit Baltistan" held at Jinnah Library here
Published 01 Apr, 2018 12:00am
Zardari felicitates Christian community

Zardari felicitates Christian community

Former President Asif Ali Zardari has felicitated the Christian community of Pakistan and throughout the world on the holy occasion of Easter on Sunday. "Along with the Pakistan Peoples Party I wish to join all Christian brothers and sisters on this happy
Published 01 Apr, 2018 12:00am
AJK president terms Thar Coal project 'unmatchable'

AJK president terms Thar Coal project 'unmatchable'

Terming Thar Coal Block II projects unmatchable, President Azad Jammu and Kashmir, Sardar Mohammad Masood Khan has said that Thar Coal Block II soon going to prove the best public private partnership model in Pakistan. The Chairman Gwadar Port Authority (
Published 01 Apr, 2018 12:00am
Air Commodore inaugurates new outlet of Al Noor Petroleum

Air Commodore inaugurates new outlet of Al Noor Petroleum

Base Commander, PAF Base Korangi Creek, Air Commodore Ibrahim Asad on Saturday inaugurated new outlet of Al Noor Petroleum Pvt. Limited. Speaking on this occasion, Ibrahim Asad said the new petrol pump will be a good facility for area people.
Published 01 Apr, 2018 12:00am
KCCI demands uninterrupted power supply to industrial units

KCCI demands uninterrupted power supply to industrial units

President Karachi Chamber of Commerce and Industry (KCCI) Muffasar Atta Malik has urged the lawmakers in Islamabad and Sindh to take notice of the situation by strictly directing the Utility Service Provider to supply uninterrupted electricity to all indu
Published 01 Apr, 2018 12:00am
PBIF chief for setting up small & medium-sized industries
Cotton

PBIF chief for setting up small & medium-sized industries

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has emphasized the need for establishment of small to medium sized industries to provide a sound base to the industrial development of Jhang, for which Government should tak
Published 01 Apr, 2018 12:00am
Judicial commission orders civic bodies to sack Muslim sanitary staff

Judicial commission orders civic bodies to sack Muslim sanitary staff

The water commission on water quality and drainage in Sindh on Friday ordered Karachi municipal authorities to sack all Muslim sanitation workers from service after being informed that they had been refusing the job assigned to them such as cleaning sewer
Published 01 Apr, 2018 12:00am
'Balfour Declaration 1917 changed the entire course of history'

'Balfour Declaration 1917 changed the entire course of history'

A 67-word Balfour Declaration 1917 changed the entire course of history that forced the world to deal with its ramifications, divesting Palestinians of their political rights on their native land. In a speech at the Pakistan Institute of International Aff
Published 01 Apr, 2018 12:00am
Pakistan destined to become centre of Asian trade activities: Ahsan

Pakistan destined to become centre of Asian trade activities: Ahsan

Interior Minister Ahsan Iqbal Saturday said that Gwadar Port has become state-of-the-art business centre and Pakistan is destined to become centre of Asian trade and business activities due to the China Pakistan Economic Corridor (CPEC).
Published 01 Apr, 2018 12:00am
Call to introduce liberal investment policy in budget 2018-19
Exchange

Call to introduce liberal investment policy in budget 2018-19

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to introduce liberal investment policy in the budget 2018-19. The government should attach priority to infrastructure development, broadening tax-base and creation o
Published 01 Apr, 2018 12:00am
Cinema houses: excise department recommends 30 percent tax

Cinema houses: excise department recommends 30 percent tax

The provincial excise department has recommended to impose 20 to 30 percent tax on cinema houses, said sources. They said the department has incurred millions of rupees loss due to exemption to cinema houses. It may be noted that the Punjab government is
Published 01 Apr, 2018 12:00am
PSCA unveils PPIC's performance report

PSCA unveils PPIC's performance report

The Punjab Safe Cities Authority (PSCA) has unveiled its integrated command, control and communication center's (PPIC) performance report for the month of March 2018. According to the report, the PPIC's center provided electronic evidence data pertaining
Published 01 Apr, 2018 12:00am
Man commits suicide after killing five family members
Exchange

Man commits suicide after killing five family members

A merciless person gunned down his five family members over domestic disputes and committed suicide with the same weapon here on Saturday. DSP Kharian said that accused Mubbashir, hailing from Bhadar area of Gujrat and serving as guard in private security
Published 01 Apr, 2018 12:00am
PTI launches membership drive in Lahore

PTI launches membership drive in Lahore

Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan criticised Sharif brothers while launching the party's two-day membership drive in Lahore and told his workers that it's turn of Shahbaz Sharif to face the consequences of his wrong doings after Nawaz Sha
Published 01 Apr, 2018 12:00am
Experts call for increasing capabilities of water reservoirs

Experts call for increasing capabilities of water reservoirs

Speakers at a seminar said that like other advanced emerging economies Pakistan requires proper use of its available waste water resources after its proper treatment as it needs to enhance its food and fiber production by at least 50 percent to ensure foo
Published 01 Apr, 2018 12:00am
Carjacking cases on the rise in Islamabad

Carjacking cases on the rise in Islamabad

Auto thieves rule the roost in the federal capital as they stole over 14 vehicles, including bikes, during the last week. According to the data gathered by Business Recorder through registered first information reports (FIRs), various police statio
Published 01 Apr, 2018 12:00am
'Pakistan Day' reception held in Canada
Exchange

'Pakistan Day' reception held in Canada

"Canada was built by immigrants and we welcome Pakistani tourists, international students and businessmen in Canada" said Ahmed Hussen, Minister for Immigration, Citizenship and Refugees, Canada, while addressing Pakistan Day reception held at Ottawa. The
Published 01 Apr, 2018 12:00am
LHC CJ lauds ICAP's performance

LHC CJ lauds ICAP's performance

Praising performance of the Institute of Chartered Accountants of Pakistan, Chief Justice Lahore High Court Justice Muhammad Yawar Ali said that ICAP was supporting and facilitating not only its members but also the government, regulators, business commun
Published 01 Apr, 2018 12:00am
PM urges philanthropists to emulate survices of Al-Shifa Trust

PM urges philanthropists to emulate survices of Al-Shifa Trust

Prime Minister Shahid Khaqan Abbasi Saturday urged philanthropists to emulate the services of Al-Shifa Trust to serve the humanity. Abbasi while announcing a donation of Rs 200 million for the first Children Eye Hospital of the Al-Shifa Trust hoped it wou
Published 01 Apr, 2018 12:00am
Only 9.2 percent households getting potable water in Faisalabad: Wasa

Only 9.2 percent households getting potable water in Faisalabad: Wasa

Only 9.2 percent households in Faisalabad are supplied with potable water due to unavailability of resources and funds with the local authorities. In a briefing to journalists, Director Water at Water and Sanitation Agency (Wasa) Faisalabad Usman Latif re
Published 01 Apr, 2018 12:00am
Prices of essential kitchen items witness decline
Cotton

Prices of essential kitchen items witness decline

Prices of essential kitchen items witnessed a decline during this week past against the preceding week, a survey conducted by Business Recorder revealed, here on Saturday. The survey observed that potatoes price reduced further from Rs 90 per 5kg i
Published 01 Apr, 2018 12:00am
US soyabean, corn acreage to fall as supplies hit record: USDA

US soyabean, corn acreage to fall as supplies hit record: USDA

US farmers will cut their plantings of both soyabeans and corn this spring with supplies of both commodities at record highs, the US Agriculture Department said on Thursday. Soyabean plantings, despite the expected drop, will top corn acreage for the firs
Published 01 Apr, 2018 12:00am
China's Shanxi offers incentives to boost aluminium capacity

China's Shanxi offers incentives to boost aluminium capacity

China's northern province of Shanxi on Tuesday offered some of the country's biggest aluminium companies preferential access to bauxite resources if they transfer smelting capacity to the region. State-owned Aluminum Corp of China, known as Chinalco, as w
Published 01 Apr, 2018 12:00am
Russia to cut grain prices for replenishing state stocks

Russia to cut grain prices for replenishing state stocks

Russia's Agriculture Ministry has proposed cutting grain prices for its restocking programme in the 2018/19 marketing year which starts on July 1, signalling a persistent weak appetite for stock replenishing. The ministry, which has 4.0 million tonnes of
Published 01 Apr, 2018 12:00am
Strategie Grains cuts wheat export forecast

Strategie Grains cuts wheat export forecast

Strategie Grains has cut its forecast for the European Union's soft wheat exports this season for the fifth month running, citing poor shipments from the Baltic States and Poland. The analyst forecast exports in the current 2017/2018 (July/June) season at
Published 01 Apr, 2018 12:00am
Oil to rise in 2018 as OPEC wages tug-of-war with US shale

Oil to rise in 2018 as OPEC wages tug-of-war with US shale

Oil prices are likely to rise this year thanks to supply disruptions and an OPEC-led deal to limit production, but doubts over the future of compliance with the multilateral agreement and rising US production could stem the upward momentum, a Reuters poll
Published 01 Apr, 2018 12:00am
Wet, chilly weather hampers start of sugar beet planting in Europe

Wet, chilly weather hampers start of sugar beet planting in Europe

A damp, cold start to spring is holding up sugar beet planting in the European Union, raising an early question mark over harvest prospects after last year's bumper crop. EU sugar beet production surged last year after farmers increased the planted area a
Published 01 Apr, 2018 12:00am
CME gets foothold in Black Sea with new-look grain futures
Exchange

CME gets foothold in Black Sea with new-look grain futures

Active trading in CME Group's new cash-settled futures for Black Sea grain suggests the exchange may have found a way to tap into booming Black Sea export trade after an unsuccessful earlier foray in the region. The derivatives, based on S&P Global Platts
Published 01 Apr, 2018 12:00am
Funds finally hit the brakes after their CBOT buying spree

Funds finally hit the brakes after their CBOT buying spree

Speculators broke an eight-week buying trend in Chicago-traded corn and soybeans last week after their bullish bets had mounted at a record pace. Selling also prevailed in the soybean products and in wheat, though the cumulative effect on funds' optimisti
Published 01 Apr, 2018 12:00am
Stars turn out for Stephen Hawking's funeral

Stars turn out for Stephen Hawking's funeral

Film stars, supermodels, comics and astronomers joined Stephen Hawking's family and friends for his funeral in Cambridge Saturday, the city where he dedicated his life's work to unravelling the mysteries of the universe. The theoretical physicist who capt
Published 01 Apr, 2018 12:00am
Botswana's Khama steps down as president after a decade at helm

Botswana's Khama steps down as president after a decade at helm

Ian Khama, a retired army general, stepped down as president of Botswana on Saturday, handing the diamond-rich country to his deputy after a decade at the helm. Mokgweetsi Masisi becomes only the third leader to take charge of the southern African nation
Published 01 Apr, 2018 12:00am
Tesla says autopilot was engaged during fatal crash

Tesla says autopilot was engaged during fatal crash

Electric car maker Tesla has confirmed the autopilot was engaged during a fatal crash last week, a development set to exacerbate concerns over the safety of autonomous vehicles. A Tesla Model X collided with a highway barrier near the town of Mountain Vie
Published 01 Apr, 2018 12:00am
Trump targets Amazon again in new tweets

Trump targets Amazon again in new tweets

US President Donald Trump on Saturday resumed his attacks against online retailing giant Amazon and accused The Washington Post, owned by Amazon's founder Jeff Bezos, of lobbying for the company. His latest comments, two days after a similar swipe against
Published 01 Apr, 2018 12:00am
Four teen girl suicide bombers launch deadly attack in Nigeria

Four teen girl suicide bombers launch deadly attack in Nigeria

Four teenage girl suicide bombers have killed two people in multiple attacks in northeast Nigeria, residents said Saturday, in the latest assault since the government announced it was in ceasefire talks with Boko Haram. The suspected Boko Haram attack too
Published 01 Apr, 2018 12:00am
Russia demands UK cut over 50 diplomats in new tit-for-tat move

Russia demands UK cut over 50 diplomats in new tit-for-tat move

Russia demanded Saturday that Britain further slash its diplomatic presence as a crisis in ties between Moscow and the West escalated over a nerve agent attack on a former spy. The call came after 23 British diplomats were kicked out of Russia earlier thi
Published 01 Apr, 2018 12:00am
Protests erupt in California after shooting of black man

Protests erupt in California after shooting of black man

About 200 demonstrators squared off with police in riot gear overnight in California's capital and more protests are planned for Saturday, after a autopsy on Stephon Clark contradicted the police account of the shooting of the unarmed black man. Waving si
Published 01 Apr, 2018 12:00am
Afghan hunger strikers protesting for peace taken to hospital

Afghan hunger strikers protesting for peace taken to hospital

Several hunger strikers taking part in a rare sit-in peace protest in Afghanistan's restive south have been taken to hospital for treatment, officials and protesters said Saturday. The week-long demonstration in Lashkar Gah, which has involved up to sever
Published 01 Apr, 2018 12:00am
UN losing support from countries, says outgoing top official

UN losing support from countries, says outgoing top official

The UN's outgoing political chief expressed concern Thursday in a parting message that the United Nations was losing support from a growing number of countries. Jeffrey Feltman, an American who served as under-secretary-general for political affairs since
Published 01 Apr, 2018 12:00am
Albania police hurt in motorway toll protest

Albania police hurt in motorway toll protest

Albanian police said Saturday 14 officers were injured in a protest over the introduction of a toll on motorway linking the country with Kosovo. Several hundred protesters pelted police with stones and destroyed toll booths before setting them alight duri
Published 01 Apr, 2018 12:00am
French statues get anti-pollution masks in clean air protest

French statues get anti-pollution masks in clean air protest

Activists put masks on statues in Paris and other French cities on Saturday to highlight what they say is France's failure to tackle air pollution. The protest coincided with a deadline for France to present a plan rectifying its shortcomings on air quali
Published 01 Apr, 2018 12:00am
Oil spill cleanup fire kills two in Indonesia

Oil spill cleanup fire kills two in Indonesia

At least two people died in a fire as Indonesian authorities tried to cleanup an oil spill off Borneo island Saturday, an official said. The blaze was sparked as workers tried to clear the spill in waters near Balikpapan City by burning it. Two people - b
Published 01 Apr, 2018 12:00am
Saudi forces say intercept missile fired by Yemen rebels

Saudi forces say intercept missile fired by Yemen rebels

Saudi air defences intercepted a missile fired by Yemeni rebels at the kingdom's southern city of Najran on Saturday, the Saudi-led coalition fighting the rebels said, adding that one person was wounded. "The missile was fired at Najran indiscriminately a
Published 01 Apr, 2018 12:00am
Low-caste Indian Dalit killed for owning horse

Low-caste Indian Dalit killed for owning horse

A young farmer from India's lowest Dalit community has been beaten to death for owning a horse, which is seen as a symbol of power and wealth, police said Saturday. Police have detained three upper caste men for questioning after the body of 21-year-old P
Published 01 Apr, 2018 12:00am
Trump freezes Syria recovery funds

Trump freezes Syria recovery funds

The White House has instructed the State Department to freeze over $200 million in funds earmarked for "recovery efforts" in Syria, The Wall Street Journal reported Friday. The report - which came a day after Trump declared in a speech that the US would b
Published 01 Apr, 2018 12:00am
Flights resume at London Stansted after bus fire

Flights resume at London Stansted after bus fire

Flights resumed at London's Stansted airport on Saturday after a shuttle bus fire forced the cancellation of flights as the busy Easter long weekend got under way. The fire outside the terminal entrance started at 4:20pm (1520 GMT) on Friday and was compl
Published 01 Apr, 2018 12:00am
Syria's army vows to finish off last rebels outside Damascus

Syria's army vows to finish off last rebels outside Damascus

Syria's army promised Saturday to finish off fighters in the final opposition holdout of devastated Eastern Ghouta outside Damascus after a penultimate pocket was declared "empty" of rebels. Russia-backed regime forces have recaptured the vast majority of
Published 01 Apr, 2018 12:00am
German Tornado jet may be unsuitable for Nato missions

German Tornado jet may be unsuitable for Nato missions

The German armed forces may not be able to use the Tornado fighter jet for Nato missions, according to a defence ministry report seen by Reuters. The report says that so far, it has not been possible to build an encryption device for secure data transfer
Published 01 Apr, 2018 12:00am
Over 1,100 arrested under Ethiopia state of emergency

Over 1,100 arrested under Ethiopia state of emergency

More than 1,100 people have been arrested in Ethiopia since the nation declared a state of emergency following the prime minister's resignation last month, state media reported Saturday. Hailemariam Desalegn's surprise resignation came after more than two
Published 01 Apr, 2018 12:00am
Fox's Ingraham to take week off as advertisers flee amid Controversy

Fox's Ingraham to take week off as advertisers flee amid Controversy

Fox News show host Laura Ingraham announced on her show late Friday that she is taking next week off, after almost a dozen advertisers dropped her show after the conservative pundit mocked a teenage survivor of the Florida school massacre on Twitter. Elev
Published 01 Apr, 2018 12:00am
Sierra Leone votes in delayed presidential run-off
Exchange

Sierra Leone votes in delayed presidential run-off

The handpicked successor of Sierra Leone's outgoing president and a former coup leader faced off in the final round of a delayed run-off presidential election Saturday after a campaign marked by verbal sparring, sporadic violence and a last-minute legal b
Published 01 Apr, 2018 12:00am
Pakistan skipper grateful as West Indies fly in for T20s

Pakistan skipper grateful as West Indies fly in for T20s

Pakistan captain Sarfraz Ahmed thanked the West Indies for touring the country, with the Caribbean side due to arrive in Karachi Saturday in the latest step towards the resumption of top-level cricket in the South Asian nation.
Published 01 Apr, 2018 12:00am
Streak shocked by sacking as Zimbabwe coach

Streak shocked by sacking as Zimbabwe coach

Coach Heath Streak said he was shocked after Zimbabwe Cricket (ZC) sacked him in a backroom clear-out in the wake of the team's failure to qualify for the 2019 World Cup. Streak has been widely praised for improving the results of the side during his 18 m
Published 01 Apr, 2018 12:00am
Leisure Leagues Corporate League begins

Leisure Leagues Corporate League begins

Leisure Leagues Seven-a-side Corporate League began at Olympian Iftikhar Syed Sports Academy (OISSA) here on Saturday. A total of eight teams, namely MS Packages, Wonder Works, Hyundai, Coca Cola, Karachi United Football Foundation (KUFF), PSO, Leisure Le
Published 01 Apr, 2018 12:00am
India probed over needles in Commonwealth Games village

India probed over needles in Commonwealth Games village

Indian athletes were facing investigations on Saturday after the discovery of syringes in their accommodation at the Commonwealth Games in Australia. A cleaner at the athletes' village tipped off authorities about the syringes, which will now be analysed,
Published 01 Apr, 2018 12:00am
Watling, de Grandhomme spearhead NZ fightback

Watling, de Grandhomme spearhead NZ fightback

BJ Watling and Colin de Grandhomme hauled New Zealand back into the second Test Saturday, cutting England's advantage back to 115 runs with four wickets in hand at stumps on day two in Christchurch. When bad light stopped play seven overs early, New Zeala
Published 01 Apr, 2018 12:00am
Salah sinks Palace, Sanchez ends goal drought

Salah sinks Palace, Sanchez ends goal drought

Mohamed Salah was Liverpool's hero yet again as the Egypt star clinched a dramatic 2-1 win at Crystal Palace, while Alexis Sanchez ended his Manchester United goal drought in a 2-0 victory over Swansea on Saturday. Despite the huge Champions League quarte
Published 01 Apr, 2018 12:00am
Commonwealth Games to restore Australia's reputation, say organisers

Commonwealth Games to restore Australia's reputation, say organisers

Bullish hosts Australia said the Commonwealth Games will restore the country's battered sporting reputation on Saturday after a cricket ball-tampering scandal which drew criticism from around the world. Sport-mad Australia's image took a bruising after a
Published 01 Apr, 2018 12:00am
Kim says North Korea to take part in 2020, 2022 Olympics: IOC chief

Kim says North Korea to take part in 2020, 2022 Olympics: IOC chief

Kim Jong Un is committed to sending North Korean teams to the Tokyo and Beijing Olympics, IOC chief Thomas Bach said Saturday after a rare meeting with the leader of the nuclear-armed regime in Pyongyang. Bach, the president of the International Olympic C
Published 01 Apr, 2018 12:00am
Tearful Warner sorry for ball-tampering, weighing up appeal

Tearful Warner sorry for ball-tampering, weighing up appeal

Former Australia vice-captain David Warner apologised in tears Saturday for his role in a ball-tampering scandal and said he would weigh up an appeal against his 12-month ban. An emotional Warner said he realised he may never play for his country again. B
Published 01 Apr, 2018 12:00am
Hales replaces Warner in IPL Sunrisers squad

Hales replaces Warner in IPL Sunrisers squad

Indian Premier League team Sunrisers Hyderabad on Saturday picked England batsman Alex Hales to replace Australia's scandal-plagued former vice-captain David Warner. Hales was signed for 10 million rupees ($153,700) from the available player pool for this
Published 01 Apr, 2018 12:00am
Australia new boys flop as South Africa turn screw

Australia new boys flop as South Africa turn screw

Australia's ball-tampering scandal came back to bite them when three replacement batsmen failed on a disastrous day for the tourists in the fourth Test against South Africa at the Wanderers Stadium on Saturday. South Africa moved closer to a series win as
Published 01 Apr, 2018 12:00am
Switzerland at epicentre of cryptocurrency revolution
Currency

Switzerland at epicentre of cryptocurrency revolution

Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action. The country's largest city, Zurich, set up its first bitcoin AT
Published 01 Apr, 2018 12:00am
Regulation and apathy hit bitcoin market
Exchange

Regulation and apathy hit bitcoin market

Wild fluctuations within the bitcoin market have once again sparked debate between investors who believe it is merely undergoing a "correction" and those who see it as a costly fad. After a buying fever at the end of 2017 that sent the price of a token to
Published 01 Apr, 2018 12:00am
Indonesia says rupiah should continue to strengthen
Exchange

Indonesia says rupiah should continue to strengthen

Indonesia's central bank expects the rupiah to continue to strengthen and currency volatility to subside as markets price in anticipated hikes in US interest rates by the Federal Reserve, a senior official said on Wednesday. On March 1, after the rupiah h
Published 01 Apr, 2018 12:00am
Speculators' net short dollar bets fall from highest since 2011
Currency

Speculators' net short dollar bets fall from highest since 2011

Speculators trimmed their net short dollar bets earlier this week from their highest levels since August 2011, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar positio
Published 01 Apr, 2018 12:00am
Goldman hikes yuan exchange rate forecasts, cites US trade ties
Exchange

Goldman hikes yuan exchange rate forecasts, cites US trade ties

Goldman Sachs has upped its 12-month yuan/dollar exchange rate forecast to 6.20 yuan from 6.45 previously, predicting that trade relations with the United States would limit China's ability to weaken its currency. In a note received on Wednesday, the bank
Published 01 Apr, 2018 12:00am
Serbia's central bank buys euros
Currency

Serbia's central bank buys euros

Serbia's central bank purchased an unspecified quantity of euros on the interbank market on Friday to stem gains of the dinar, dealers said. The bank which keeps dinar in a managed float on the foreign currency market, stepped in as the dinar traded at th
Published 01 Apr, 2018 12:00am
Retreating dollar set to give reprieve to Chinese yuan
Exchange

Retreating dollar set to give reprieve to Chinese yuan

The Chinese yuan is expected to slip only slightly over the coming year, a Reuters poll of currency strategists showed, as markets move to price in more US Federal Reserve interest rate hikes than the three currently expected. An upbeat assessment of the
Published 01 Apr, 2018 12:00am
Slippery start for Venezuela's petro crypto coin
Exchange

Slippery start for Venezuela's petro crypto coin

The government of crisis-torn Venezuela, struggling to overcome chronic liquidity shortages and burdened by US sanctions, launched the first government-backed cryptocurrency, the petro, earlier this year. But while Nicolas Maduro's administration hopes a
Published 01 Apr, 2018 12:00am
US judge certifies Goldman Sachs gender bias class action

US judge certifies Goldman Sachs gender bias class action

A federal judge ruled that women accusing Goldman Sachs Group Inc of discriminating against them in pay, promotions and performance reviews may pursue their claims as a group in a class-action lawsuit. The decision late Friday afternoon by US District Jud
Published 01 Apr, 2018 12:00am
India's electronics ministry moots duties on key smartphone component

India's electronics ministry moots duties on key smartphone component

India is exploring new duties on the import of a key smartphone component, according to two government sources, the latest in a series of moves aimed at boosting domestic manufacturing in the world's second-biggest smartphone market. India's Ministry of E
Published 01 Apr, 2018 12:00am
South Korea's output unexpectedly rises

South Korea's output unexpectedly rises

South Korea's industrial output unexpectedly rose in February as robust overseas demand continued to boost production of memory chips and cars in a sign factory activity remained brisk. Statistics Korea on Friday said factory output rose a seasonally adju
Published 01 Apr, 2018 12:00am
South African tourism has 'huge growth potential'

South African tourism has 'huge growth potential'

South Africa will speed up visa processes and lure major conferences in an effort to boost foreign arrivals by 40 percent by 2021, its tourism minister said on Friday. The new measures are part of a goal to attract five million additional travellers - fou
Published 01 Apr, 2018 12:00am
Vietnam 2018 GDP growth to exceed seven percent: ADB

Vietnam 2018 GDP growth to exceed seven percent: ADB

Vietnam's economy is expected to grow more than 7 percent this year, backed by robust exports, domestic consumption and strong foreign investment, the Asian Development Bank said. The Southeast Asian economy grew 6.81 percent last year, the fastest in a d
Published 01 Apr, 2018 12:00am
Huawei sees profit rebound despite US setbacks

Huawei sees profit rebound despite US setbacks

Chinese telecom giant Huawei saw it profits rebound in 2017, helped by strong smartphone sales as it ramps up R&D spending despite suffering setbacks in its US ambitions. The third-biggest smartphone manufacturer in the world behind Samsung and Apple, Hua
Published 01 Apr, 2018 12:00am
Huawei sees profit rebound despite US setbacks

Huawei sees profit rebound despite US setbacks

Chinese telecom giant Huawei saw it profits rebound in 2017, helped by strong smartphone sales as it ramps up R&D spending despite suffering setbacks in its US ambitions. The third-biggest smartphone manufacturer in the world behind Samsung and Apple, Hua
Published 01 Apr, 2018 12:00am
New York moves to offset federal tax changes in $168 billion budget deal

New York moves to offset federal tax changes in $168 billion budget deal

New York Governor Andrew Cuomo and the state legislature agreed late on Friday on a $168 billion budget for fiscal 2019, including measures aimed at offsetting damage to taxpayers from new federal tax changes. Cuomo outlined details of the agreement a few
Published 01 Apr, 2018 12:00am
China says protectionist moves will mean shutting door on country

China says protectionist moves will mean shutting door on country

China wants to share its development opportunities with other countries, but protectionism will mean closing the door into China, the country's top diplomat said, amid a festering trade dispute with the United States. US President Donald Trump's move last
Published 01 Apr, 2018 12:00am
Chinese developers flag higher sales to gain rank
Exchange

Chinese developers flag higher sales to gain rank

The publication of eye-catching sales targets by many Chinese developers this year has helped fuel a sharp rise in their share prices as investors build in rosy expectations for the companies. The targets by the developers listed in Hong Kong are included
Published 01 Apr, 2018 12:00am
Chinese developers flag higher sales to gain rank
Exchange

Chinese developers flag higher sales to gain rank

The publication of eye-catching sales targets by many Chinese developers this year has helped fuel a sharp rise in their share prices as investors build in rosy expectations for the companies. The targets by the developers listed in Hong Kong are included
Published 01 Apr, 2018 12:00am
Austrian regulator fines RBI

Austrian regulator fines RBI

Raiffeisen Bank International AG (RBI) has been fined 2.75 million euros ($3.39 million) by Austria's Financial Market Authority (FMA) for a breach of due diligence requirements for the prevention of money laundering and terrorist financing. The bank had
Published 01 Apr, 2018 12:00am
Global funds cut stock exposure to four-month low amid trade war fears

Global funds cut stock exposure to four-month low amid trade war fears

Spooked by brewing trade tensions and a broad reversal in technology shares, global investors have cut their equity exposure to a four-month low this month while reducing their holdings of US stocks to the lowest in nearly two years. Reuters' monthly asse
Published 01 Apr, 2018 12:00am
Global funds cut stock exposure to four-month low amid trade war fears

Global funds cut stock exposure to four-month low amid trade war fears

Spooked by brewing trade tensions and a broad reversal in technology shares, global investors have cut their equity exposure to a four-month low this month while reducing their holdings of US stocks to the lowest in nearly two years. Reuters' monthly asse
Published 01 Apr, 2018 12:00am
India's Hindustan Aeronautics falters on market debut
Exchange

India's Hindustan Aeronautics falters on market debut

Shares in India's largest state-run defence firm Hindustan Aeronautics Ltd (HAL) fell as much as 7.7 percent on their market debut on Wednesday, following a tepid response to the company's 41 billion rupee ($633 million) initial public offering. The milit
Published 01 Apr, 2018 12:00am
US funds recommend switching cash into bonds in March

US funds recommend switching cash into bonds in March

US fund managers switched recommended global portfolios slightly more in favour of bonds in March, in part on concerns trade barriers between the world's two biggest economies may escalate to a broader trade war, a Reuters poll found. While recommendation
Published 01 Apr, 2018 12:00am
US funds recommend switching cash into bonds in March

US funds recommend switching cash into bonds in March

US fund managers switched recommended global portfolios slightly more in favour of bonds in March, in part on concerns trade barriers between the world's two biggest economies may escalate to a broader trade war, a Reuters poll found. While recommendation
Published 01 Apr, 2018 12:00am
Stocks reflect little concern of broad trade war: Goldman Sachs

Stocks reflect little concern of broad trade war: Goldman Sachs

US President Donald Trump's move to impose tariffs on steel and aluminium imports has rippled through financial markets, but stocks appear to be shrugging off the potential for a broader global trade war, according to Goldman Sachs strategists.
Published 01 Apr, 2018 12:00am
UK remain cautious on equities, favour emerging markets

UK remain cautious on equities, favour emerging markets

British investors rattled by global trade tensions are holding equity exposure near four-month lows, a Reuters poll showed on Thursday, though they see emerging market assets as benefiting from dollar weakness. Reuters' latest monthly asset allocation pol
Published 01 Apr, 2018 12:00am
European IKEA rival Home24 moves closer to listing

European IKEA rival Home24 moves closer to listing

German online retailer Home24, which wants to challenge IKEA's dominance of the European furniture market, is moving ahead with plans for a stock market listing in the coming months, sources close to the deal said on Thursday.
Published 01 Apr, 2018 12:00am
Gold demand picks up in India, subdued elsewhere

Gold demand picks up in India, subdued elsewhere

Gold discounts in India narrowed this week on an improvement in demand for weddings and hopes that retail purchases will rise next month on account of a key festival, while demand in the rest of Asia remained subdued due to higher prices.
Published 01 Apr, 2018 12:00am
Taiwan buys 65,000 tonnes of US corn

Taiwan buys 65,000 tonnes of US corn

Taiwan's feed industry procurement association MFIG purchased about 65,000 tonnes of corn expected to be sourced from the United States in an international tender on Wednesday, European traders said. The corn was all bought at a premium of 166.99 US cents
Published 01 Apr, 2018 12:00am
Palm oil firmer on European vegoils market
Vegetable Oil

Palm oil firmer on European vegoils market

Palm oil on the European vegetable oils market firmed slightly on Wednesday on the back of a stronger ringgit. Asking prices for palm oil were between unchanged and $2.50 a tonne higher after Malaysian palm oil futures closed between 3 and 13 ringgit per
Published 01 Apr, 2018 12:00am
EU wheat lower ahead of US planting report

EU wheat lower ahead of US planting report

Euronext wheat eased on Wednesday, curbed by weakness in Chicago prices as rain reached some drought-hit US growing belts and a cautious mood ahead of widely followed US planting estimates. May milling wheat, the most active contract on Paris-based Eurone
Published 01 Apr, 2018 12:00am
Argentine soya, corn harvests begin with low yields
Exchange

Argentine soya, corn harvests begin with low yields

Drought-hit Argentine soya yields are well below historic averages, the Buenos Aires Grains Exchange said on Wednesday, with 8.8 percent of the harvest completed in the central farm belt and little hope of a near-term improvement in the weather. A recent
Published 01 Apr, 2018 12:00am
Ukraine's grain exports down

Ukraine's grain exports down

Ukraine's grain exports totalled 30 million tonnes by Wednesday, down from 32.8 million tonnes on the same date the previous season, the agriculture ministry said on Wednesday. So far in the 2017/18 season, which runs from July to June, Ukraine exported 1
Published 01 Apr, 2018 12:00am
Chinese steel futures rise as demand improves
Exchange

Chinese steel futures rise as demand improves

Chinese steel futures rose for a second straight day on Wednesday as a recent sharp fall in prices boosted demand, but prices for raw materials eased. The most active rebar on the Shanghai Futures Exchange gained 0.3 percent at 3,424 yuan ($545.40) a tonn
Published 01 Apr, 2018 12:00am
CBOT soyabeans futures fall ahead of USDA report

CBOT soyabeans futures fall ahead of USDA report

Chicago Board of Trade soyabean futures fell on Wednesday as traders jockeyed for position ahead of key US Department of Agriculture planting intentions and stocks reports, traders said. CBOT May soyabeans closed the day down 1-1/2 cents at $10.18 per bus
Published 01 Apr, 2018 12:00am
Soyameal eases on European feeds market
Currency

Soyameal eases on European feeds market

Soyameal on the European meals and feeds market eased on Wednesday because of positioning ahead of Thursday's USDA planting intentions and quarterly stocks reports. "The USDA data is expected to show large stocks and acreage planted to soyabeans is also e
Published 01 Apr, 2018 12:00am
Canadian canola futures fall
Currency

Canadian canola futures fall

ICE Canadian nearby canola futures fell on Wednesday in light hedge-related pressure, halting a three-session advance, traders said. Traders noted a pick-up in farmer selling this week in advance of seasonal springtime weight restrictions on rural roads,
Published 01 Apr, 2018 12:00am
Cotton market: spinners make limited deals
Cotton

Cotton market: spinners make limited deals

Modest trading activity was seen on the cotton market on Saturday due to limited stock of fine quality, dealers said. Official spot rate was inert at Rs 7500, they added. In both Sindh and Punjab prices were at Rs 2800-3100, they said. In the ready sessio
Published 01 Apr, 2018 12:00am
Indian rice prices rise on limited supply

Indian rice prices rise on limited supply

Rice export prices rose in India this week on limited supply and improved demand, while a lack of fresh overseas interest weighed on the staple market in Thailand. In top exporter India, prices for the 5 percent broken parboiled variety rose by $6 to $425
Published 01 Apr, 2018 12:00am
Brazil's Cecaff sees 2018-19 exports to 35 million bags

Brazil's Cecaff sees 2018-19 exports to 35 million bags

Brazilian coffee exporters should ship abroad at least 35 million 60-kg bags in the 2018-19 crop, including green, instant and ground roasted coffee, Nelson Carvalhaes, head of exporters association Cecaff, said on Wednesday. He did not provide a comparat
Published 01 Apr, 2018 12:00am
Indonesia buys 500,000 tonnes of rice

Indonesia buys 500,000 tonnes of rice

Indonesian state food procurement agency Bulog bought about 500,000 tonnes rice in deals agreed late on Wednesday, European traders said on Thursday. Some 300,000 tonnes will be sourced from Vietnam and 200,000 tonnes from Thailand, they said, adding that
Published 01 Apr, 2018 12:00am
CBOT wheat futures higher
Exchange

CBOT wheat futures higher

Chicago Board of Trade wheat futures closed higher on Thursday, buoyed by spillover strength from corn and soyabeans, while Minneapolis Grain Exchange spring wheat futures tumbled on expectations for a jump in US spring wheat acres in 2018. CBOT May wheat
Published 01 Apr, 2018 12:00am
US seen exporting 400,000 tonnes of ethanol to China in 2018

US seen exporting 400,000 tonnes of ethanol to China in 2018

The United States is expected to ship 400,000 tonnes of ethanol to China in 2018, more than five times the amount last year, a major US producer said on Wednesday, as the country seeks to meet rising demand to match a government directive for the fuel. Bu
Published 01 Apr, 2018 12:00am
Asian naphtha hits nine-week high

Asian naphtha hits nine-week high

Asia's naphtha crack hit a nine-week high of $88.63 a tonne on Wednesday, supported by good demand. South Korea's LG Chem, Taiwan's Formosa, Chinese CNOOC, Malaysia-based Titan and Japan's Idemitsu were seeking naphtha for May delivery. LG Chem was seen p
Published 01 Apr, 2018 12:00am
European gasoline margins fall after large US draw

European gasoline margins fall after large US draw

Gasoline refining margins edged down despite a large draw in U.S inventories last week. US gasoline stocks fell last week by 3.5 million barrels, compared with analysts' expectations in a Reuters poll for a 2 million barrels drop, the EIA said in its week
Published 01 Apr, 2018 12:00am
CBOT corn futures slightly lower

CBOT corn futures slightly lower

Chicago Board of Trade corn futures ended slightly lower on Wednesday as traders squared positions ahead of key planting intentions and quarterly stocks reports due this week from the US Department of Agriculture. CBOT May corn settled down 1/2-cent at $3
Published 01 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Sunday (March 31, 2018).

Published 01 Apr, 2018 12:00am
THE RUPEE: more recovery
Currency

THE RUPEE: more recovery

The rupee maintained overnight trend versus the dollar on the currency market on Saturday in the process of trading activity, money experts said.
Published 01 Apr, 2018 12:00am
THE RUPEE: more recovery
Currency

THE RUPEE: more recovery

The rupee maintained overnight trend versus the dollar on the currency market on Saturday in the process of trading activity, money experts said.
Published 01 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Sunday (March 31, 2018).

Published 01 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Sunday (March 31, 2018).

Published 01 Apr, 2018 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Sunday (March 31, 2018).

Published 01 Apr, 2018 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Sunday (March 31, 2018).

Published 01 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Sunday (March 31, 2018)

Published 01 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Published 01 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Sunday (March 31, 2018) and the forecast for Sunday (April 01, 2018).

Published 01 Apr, 2018 12:00am
Abbasi to visit Kabul on April 6
Exchange

Abbasi to visit Kabul on April 6

Prime Minister Shahid Khaqan Abbasi would pay a day long visit to Kabul on April 6 holding talks with Afghan President Ashraf Ghani and other senior leadership on bilateral issues as well as the proposed plan for peace talks with Taliban and other
Published 01 Apr, 2018 12:00am
Abbasi to visit Kabul on April 6
Exchange

Abbasi to visit Kabul on April 6

Prime Minister Shahid Khaqan Abbasi would pay a day long visit to Kabul on April 6 holding talks with Afghan President Ashraf Ghani and other senior leadership on bilateral issues as well as the proposed plan for peace talks with Taliban and other
Published 01 Apr, 2018 12:00am
Government asked whether it's mulling privatising PIA

Government asked whether it's mulling privatising PIA

The Supreme Court on Saturday asked the federal government whether there was any plan to privatise the Pakistan International Airlines (PIA). The Chief Justice of Pakistan Mian Saqib Nisar was hearing a miscellaneous application filed against the planned
Published 01 Apr, 2018 12:00am
Government asked whether it's mulling privatising PIA

Government asked whether it's mulling privatising PIA

The Supreme Court on Saturday asked the federal government whether there was any plan to privatise the Pakistan International Airlines (PIA). The Chief Justice of Pakistan Mian Saqib Nisar was hearing a miscellaneous application filed against the planned
Published 01 Apr, 2018 12:00am
Government asked whether it''s mulling privatising PIA

Government asked whether it''s mulling privatising PIA

The Supreme Court on Saturday asked the federal government whether there was any plan to privatise the Pakistan International Airlines (PIA). The Chief Justice of Pakistan Mian Saqib Nisar was hearing a miscellaneous application filed against the planned
Published 01 Apr, 2018 12:00am
SC asks two banks to produce balance sheets

SC asks two banks to produce balance sheets

Hearing a case at its Karachi registry, a Supreme Court bench headed by the Chief Justice Mian Saqib Nisar remarked that the merger between Sindh Bank and Summit Bank cannot take place until court's directives. Directing the managements of the Sindh Bank
Published 01 Apr, 2018 12:00am
SC asks two banks to produce balance sheets

SC asks two banks to produce balance sheets

Hearing a case at its Karachi registry, a Supreme Court bench headed by the Chief Justice Mian Saqib Nisar remarked that the merger between Sindh Bank and Summit Bank cannot take place until court's directives. Directing the managements of the Sindh Bank
Published 01 Apr, 2018 12:00am
SC asks two banks to produce balance sheets

SC asks two banks to produce balance sheets

Hearing a case at its Karachi registry, a Supreme Court bench headed by the Chief Justice Mian Saqib Nisar remarked that the merger between Sindh Bank and Summit Bank cannot take place until court''s directives. Directing the managements of the Sindh Bank
Published 01 Apr, 2018 12:00am
PMRC Bonds: SECP proposes tax exemption
Mutual Funds

PMRC Bonds: SECP proposes tax exemption

The Securities and Exchange Commission of Pakistan (SECP) has proposed exemption of income tax on debt securities (bonds and Sukuk) issued by Pakistan Mortgage Refinance Company (PMRC) for a period of 10 years. Budget proposals of the SECP for 2018-19 rev
Published 01 Apr, 2018 12:00am
PMRC Bonds: SECP proposes tax exemption
Mutual Funds

PMRC Bonds: SECP proposes tax exemption

The Securities and Exchange Commission of Pakistan (SECP) has proposed exemption of income tax on debt securities (bonds and Sukuk) issued by Pakistan Mortgage Refinance Company (PMRC) for a period of 10 years. Budget proposals of the SECP for 2018-19 rev
Published 01 Apr, 2018 12:00am
PMRC Bonds: SECP proposes tax exemption
Mutual Funds

PMRC Bonds: SECP proposes tax exemption

The Securities and Exchange Commission of Pakistan (SECP) has proposed exemption of income tax on debt securities (bonds and Sukuk) issued by Pakistan Mortgage Refinance Company (PMRC) for a period of 10 years. Budget proposals of the SECP for 2018-19 rev
Published 01 Apr, 2018 12:00am
FBR collects Rs 2.6 trillion in July-March

FBR collects Rs 2.6 trillion in July-March

The Federal Board of Revenue (FBR) has provisionally collected net revenue of over Rs 2,621 billion during July-March (2017-18) against Rs 2,260 billion collected during the same period of previous fiscal year, reflecting an increase of around 16 percent.
Published 01 Apr, 2018 12:00am
FBR collects Rs 2.6 trillion in July-March

FBR collects Rs 2.6 trillion in July-March

The Federal Board of Revenue (FBR) has provisionally collected net revenue of over Rs 2,621 billion during July-March (2017-18) against Rs 2,260 billion collected during the same period of previous fiscal year, reflecting an increase of around 16 percent.
Published 01 Apr, 2018 12:00am
FBR collects Rs 2.6 trillion in July-March

FBR collects Rs 2.6 trillion in July-March

The Federal Board of Revenue (FBR) has provisionally collected net revenue of over Rs 2,621 billion during July-March (2017-18) against Rs 2,260 billion collected during the same period of previous fiscal year, reflecting an increase of around 16 percent.
Published 01 Apr, 2018 12:00am
Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

The Federal Board of Revenue (FBR) is considering a major budget proposal of textile sector for Finance Bill 2018-19 about charging a uniform rate of one percent withholding tax on imports made by commercial importers and manufacturers under SRO 1125(I)20
Published 01 Apr, 2018 12:00am
Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

The Federal Board of Revenue (FBR) is considering a major budget proposal of textile sector for Finance Bill 2018-19 about charging a uniform rate of one percent withholding tax on imports made by commercial importers and manufacturers under SRO 1125(I)20
Published 01 Apr, 2018 12:00am
Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

Textile imports: FBR seeks to levy uniform rate of 1 percent WHT

The Federal Board of Revenue (FBR) is considering a major budget proposal of textile sector for Finance Bill 2018-19 about charging a uniform rate of one percent withholding tax on imports made by commercial importers and manufacturers under SRO 1125(I)20
Published 01 Apr, 2018 12:00am
China manufacturing activity accelerates in March

China manufacturing activity accelerates in March

Manufacturing activity in China accelerated in March, according to official data released Saturday, exceeding forecasts as factories increased production with the end of seasonal anti-pollution measures. The Purchasing Managers' Index (PMI), which is publ
Published 01 Apr, 2018 12:00am
China manufacturing activity accelerates in March

China manufacturing activity accelerates in March

Manufacturing activity in China accelerated in March, according to official data released Saturday, exceeding forecasts as factories increased production with the end of seasonal anti-pollution measures. The Purchasing Managers' Index (PMI), which is publ
Published 01 Apr, 2018 12:00am
China manufacturing activity accelerates in March

China manufacturing activity accelerates in March

Manufacturing activity in China accelerated in March, according to official data released Saturday, exceeding forecasts as factories increased production with the end of seasonal anti-pollution measures. The Purchasing Managers'' Index (PMI), which is pub
Published 01 Apr, 2018 12:00am
Malala visits Swat where she was shot

Malala visits Swat where she was shot

Malala Yousafzai visited the Swat valley Saturday for her first trip back to the once militant-infested region where she was shot in the head by the Taliban more than five years ago. "I left Swat with my eyes closed and now I am back with my eyes open," s
Published 01 Apr, 2018 12:00am
Malala visits Swat where she was shot

Malala visits Swat where she was shot

Malala Yousafzai visited the Swat valley Saturday for her first trip back to the once militant-infested region where she was shot in the head by the Taliban more than five years ago. "I left Swat with my eyes closed and now I am back with my eyes open," s
Published 01 Apr, 2018 12:00am
Gas supply to K-E: Sindh CM seeks PM's intervention

Gas supply to K-E: Sindh CM seeks PM's intervention

Sindh Chief Syed Murad Ali Shah through letter to the Prime Minister has taken up the issue of sudden reduced natural gas supply to K-Electric by SSGC, as a result gas-based power plants have reduced power generation and causing over 10 hours load-sheddin
Published 01 Apr, 2018 12:00am
Gas supply to K-E: Sindh CM seeks PM's intervention

Gas supply to K-E: Sindh CM seeks PM's intervention

Sindh Chief Syed Murad Ali Shah through letter to the Prime Minister has taken up the issue of sudden reduced natural gas supply to K-Electric by SSGC, as a result gas-based power plants have reduced power generation and causing over 10 hours load-sheddin
Published 01 Apr, 2018 12:00am
Gas supply to K-E: Sindh CM seeks PM''s intervention

Gas supply to K-E: Sindh CM seeks PM''s intervention

Sindh Chief Syed Murad Ali Shah through letter to the Prime Minister has taken up the issue of sudden reduced natural gas supply to K-Electric by SSGC, as a result gas-based power plants have reduced power generation and causing over 10 hours load-sheddin
Published 01 Apr, 2018 12:00am
Gazans bury their dead after bloodiest day in years

Gazans bury their dead after bloodiest day in years

Gazans buried their dead on Saturday with calls for "revenge" a day after a major demonstration led to clashes that saw Israeli forces kill 16 Palestinians in the bloodiest day since a 2014 war. But while anger seethed over Friday's events, only several h
Published 01 Apr, 2018 12:00am
Gazans bury their dead after bloodiest day in years

Gazans bury their dead after bloodiest day in years

Gazans buried their dead on Saturday with calls for "revenge" a day after a major demonstration led to clashes that saw Israeli forces kill 16 Palestinians in the bloodiest day since a 2014 war. But while anger seethed over Friday's events, only several h
Published 01 Apr, 2018 12:00am
Finalization of CPFTA-II now in sight
Exchange

Finalization of CPFTA-II now in sight

A Chinese team headed by Vice Minister of Ministry of Commerce China, Wang Shouwen, is scheduled to reach Islamabad on Sunday (today). It will make every possible effort to finalize the second phase of China-Pakistan Free Trade Agreement (CPFTA-II) with P
Published 01 Apr, 2018 12:00am
Finalization of CPFTA-II now in sight
Exchange

Finalization of CPFTA-II now in sight

A Chinese team headed by Vice Minister of Ministry of Commerce China, Wang Shouwen, is scheduled to reach Islamabad on Sunday (today). It will make every possible effort to finalize the second phase of China-Pakistan Free Trade Agreement (CPFTA-II) with P
Published 01 Apr, 2018 12:00am
Finalization of CPFTA-II now in sight
Exchange

Finalization of CPFTA-II now in sight

A Chinese team headed by Vice Minister of Ministry of Commerce China, Wang Shouwen, is scheduled to reach Islamabad on Sunday (today). It will make every possible effort to finalize the second phase of China-Pakistan Free Trade Agreement (CPFTA-II) with P
Published 01 Apr, 2018 12:00am
Prices of petrol and diesel reduced

Prices of petrol and diesel reduced

The government Saturday decided to slash prices of petrol and diesel to provide relief to consumers in April 2018. The government has reduced prices of petrol and diesel by Rs 2.07 and Rs 2.00 per liter, respectively for April 2018. However, it decided to
Published 01 Apr, 2018 12:00am
Prices of petrol and diesel reduced

Prices of petrol and diesel reduced

The government Saturday decided to slash prices of petrol and diesel to provide relief to consumers in April 2018. The government has reduced prices of petrol and diesel by Rs 2.07 and Rs 2.00 per liter, respectively for April 2018. However, it decided to
Published 01 Apr, 2018 12:00am
Prices of petrol and diesel reduced

Prices of petrol and diesel reduced

The government Saturday decided to slash prices of petrol and diesel to provide relief to consumers in April 2018. The government has reduced prices of petrol and diesel by Rs 2.07 and Rs 2.00 per liter, respectively for April 2018. However, it decided to
Published 01 Apr, 2018 12:00am
Chaudhry Nisar threatens to quit PML-N

Chaudhry Nisar threatens to quit PML-N

Former interior minister and disgruntled leader of Pakistan Muslim League (PML-N), Chaudhry Nisar Ali Khan has threatened to quit the party if maltreatment being met to him continues. In an interview with a private TV channel here on Saturday, Chaudhry Ni
Published 01 Apr, 2018 12:00am
Terrorist killed, soldier martyred in Mastung: ISPR

Terrorist killed, soldier martyred in Mastung: ISPR

A terrorist of banned outfit was killed, two injured and a solider martyred when security forces targeted alleged hideouts of banned Balochistan Liberation Army (BLA) in Mastung and Kabu on Saturday. Inter Services Public Relation (ISPR) said that the int
Published 01 Apr, 2018 12:00am
PPP optimistic about electoral prospects in Punjab

PPP optimistic about electoral prospects in Punjab

The senior leadership of the PPP maintains that it has many electables in Punjab and will bag at least 10 to 16 seats from the province in the 2018 elections. This was the outcome of an anecdotal survey of many PPP leaders who maintained that the general
Published 01 Apr, 2018 12:00am
PPP optimistic about electoral prospects in Punjab

PPP optimistic about electoral prospects in Punjab

The senior leadership of the PPP maintains that it has many electables in Punjab and will bag at least 10 to 16 seats from the province in the 2018 elections. This was the outcome of an anecdotal survey of many PPP leaders who maintained that the general
Published 01 Apr, 2018 12:00am
PM launches work on two mega projects in DG Khan

PM launches work on two mega projects in DG Khan

Prime Minister Shahid Khaqan Abbasi on Saturday performed the groundbreaking of two mega projects including the construction of Northern Bypass and widening of Rakhi Gajj Bewata Section 1. The prime minister who unveiled the plaque of two road projects wa
Published 01 Apr, 2018 12:00am
Ministry worried about competency of two CEOs

Ministry worried about competency of two CEOs

The Ministry of Industries and Production is reportedly worried about the competency of Chief Executive Officer of National Industrials, (NIP) Mudassar Iqbal and Chief Executive Officer (CEO) Engineering Development Board (EDB), Mirza Nasir Baig. Both the
Published 01 Apr, 2018 12:00am
Ministry worried about competency of two CEOs

Ministry worried about competency of two CEOs

The Ministry of Industries and Production is reportedly worried about the competency of Chief Executive Officer of National Industrials, (NIP) Mudassar Iqbal and Chief Executive Officer (CEO) Engineering Development Board (EDB), Mirza Nasir Baig. Both the
Published 01 Apr, 2018 12:00am
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