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Archive - 2018-04-18
Nawaz leaves for London
General News

Nawaz leaves for London

LAHORE: Former prime minister Muhammad Nawaz Sharif left for London from Allama Iqbal International Airport here on
Published 18 Apr, 2018 08:18pm
FIA arrest 9 deportees
General News

FIA arrest 9 deportees

SIALKOT: Federal Investigation Agency (FIA) arrested nine Pakistani nationals at Sialkot International Airport who were
Published 18 Apr, 2018 11:12am
Summer of uncertainty
Miscellaneous

Summer of uncertainty

Uncertainty has typically been associated with election years in Pakistan’s past. But this time, things look especially
Published 18 Apr, 2018 06:28am
Troubleshooting car industry
Automobile

Troubleshooting car industry

Last week, the Competition Commission of Pakistan (CCP) set up an open hearing to listen to concerns of consumers and ot
Published 18 Apr, 2018 06:25am
Nawaz demands explanation: What constitutes 'anti-judiciary speeches'?

Nawaz demands explanation: What constitutes 'anti-judiciary speeches'?

Reacting to recent judgment of Lahore High Court (LHC), former Prime Minister Nawaz Sharif Tuesday demanded the court explain what exactly constitutes anti-judiciary speeches. Talking informally to media persons inside the Accountability Court hearing cor
Published 18 Apr, 2018 12:00am
Nawaz demands explanation: What constitutes 'anti-judiciary speeches'?

Nawaz demands explanation: What constitutes 'anti-judiciary speeches'?

Reacting to recent judgment of Lahore High Court (LHC), former Prime Minister Nawaz Sharif Tuesday demanded the court explain what exactly constitutes anti-judiciary speeches. Talking informally to media persons inside the Accountability Court hearing cor
Published 18 Apr, 2018 12:00am
LHC has placed no ban on Nawaz, clarifies SC

LHC has placed no ban on Nawaz, clarifies SC

The top court on Tuesday noted that Lahore High Court order was manoeuvred and the news aired on all the TV channels and published in the newspapers was fake and fictitious.
Published 18 Apr, 2018 12:00am
LHC has placed no ban on Nawaz, clarifies SC

LHC has placed no ban on Nawaz, clarifies SC

The top court on Tuesday noted that Lahore High Court order was manoeuvred and the news aired on all the TV channels and published in the newspapers was fake and fictitious.
Published 18 Apr, 2018 12:00am
BRIndex100 turns positive
Exchange

BRIndex100 turns positive

Fresh buying by local and foreign investors supported Pakistan Stock Exchange to close in positive territory Tuesday. BRIndex100 gained 2.53 points or 0.05 percent to close at 4,954.78 points. BRIndex100 touched intraday high of 4,969.05 and intraday low
Published 18 Apr, 2018 12:00am
BRIndex100 turns positive
Exchange

BRIndex100 turns positive

Fresh buying by local and foreign investors supported Pakistan Stock Exchange to close in positive territory Tuesday. BRIndex100 gained 2.53 points or 0.05 percent to close at 4,954.78 points. BRIndex100 touched intraday high of 4,969.05 and intraday low
Published 18 Apr, 2018 12:00am
BRIndex100 turns positive
Exchange

BRIndex100 turns positive

Fresh buying by local and foreign investors supported Pakistan Stock Exchange to close in positive territory Tuesday. BRIndex100 gained 2.53 points or 0.05 percent to close at 4,954.78 points. BRIndex100 touched intraday high of 4,969.05 and intraday low
Published 18 Apr, 2018 12:00am
IMF sees solid near-term global growth but risks beyond

IMF sees solid near-term global growth but risks beyond

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said Tuesday. In the latest update to its World Economi
Published 18 Apr, 2018 12:00am
IMF sees solid near-term global growth but risks beyond

IMF sees solid near-term global growth but risks beyond

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said Tuesday. In the latest update to its World Economi
Published 18 Apr, 2018 12:00am
IMF sees solid near-term global growth but risks beyond

IMF sees solid near-term global growth but risks beyond

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe, but after that risks will build, the International Monetary Fund said Tuesday. In the latest update to its World Economi
Published 18 Apr, 2018 12:00am
Fiscal year 2019 budget: no CSF inflows Estimated
Exchange

Fiscal year 2019 budget: no CSF inflows Estimated

The federal cabinet has approved proposed broad contours of next fiscal year budget with a 5.3 percent deficit and overall outlay of around Rs5.5 trillion, and revised downward tax and non-tax revenue projections for the current fiscal year. A participant
Published 18 Apr, 2018 12:00am
Fiscal year 2019 budget: no CSF inflows Estimated
Exchange

Fiscal year 2019 budget: no CSF inflows Estimated

The federal cabinet has approved proposed broad contours of next fiscal year budget with a 5.3 percent deficit and overall outlay of around Rs5.5 trillion, and revised downward tax and non-tax revenue projections for the current fiscal year. A participant
Published 18 Apr, 2018 12:00am
Fiscal year 2019 budget: no CSF inflows Estimated
Exchange

Fiscal year 2019 budget: no CSF inflows Estimated

The federal cabinet has approved proposed broad contours of next fiscal year budget with a 5.3 percent deficit and overall outlay of around Rs5.5 trillion, and revised downward tax and non-tax revenue projections for the current fiscal year. A participant
Published 18 Apr, 2018 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Apr, 2018 12:00am
Fiscal year 2019 budget: no CSF inflows Estimated
Exchange

Fiscal year 2019 budget: no CSF inflows Estimated

The federal cabinet has approved proposed broad contours of next fiscal year budget with a 5.3 percent deficit and overall outlay of around Rs5.5 trillion, and revised downward tax and non-tax revenue projections for the current fiscal year. A participant
Published 18 Apr, 2018 12:00am
Ecnec approves five projects worth Rs 504.3 billion

Ecnec approves five projects worth Rs 504.3 billion

The Executive Committee of National Economic Council (Ecnec) Tuesday approved five projects, including projects of energy and social sectors, worth Rs504.3 billion. The meeting was chaired by Prime Minister Shahid Khaqan Abbasi at the Prime Minister Secre
Published 18 Apr, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 18 Apr, 2018 12:00am
Ecnec approves five projects worth Rs 504.3 billion

Ecnec approves five projects worth Rs 504.3 billion

The Executive Committee of National Economic Council (Ecnec) Tuesday approved five projects, including projects of energy and social sectors, worth Rs504.3 billion. The meeting was chaired by Prime Minister Shahid Khaqan Abbasi at the Prime Minister Secre
Published 18 Apr, 2018 12:00am
Presentation

Presentation

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

Published 18 Apr, 2018 12:00am
Ecnec approves five projects worth Rs 504.3 billion

Ecnec approves five projects worth Rs 504.3 billion

The Executive Committee of National Economic Council (Ecnec) Tuesday approved five projects, including projects of energy and social sectors, worth Rs504.3 billion. The meeting was chaired by Prime Minister Shahid Khaqan Abbasi at the Prime Minister Secre
Published 18 Apr, 2018 12:00am
Growth will moderate to 4.7 percent in 2019: IMF
Exchange

Growth will moderate to 4.7 percent in 2019: IMF

International Monetary Fund (IMF) has stated that Pakistan's economy is expected to expand at a robust pace of 5.6 percent this year 2018 before moderating to 4.7 percent in 2019, partly reflecting an increase in macroeconomic vulnerabilities. The IMF rep
Published 18 Apr, 2018 12:00am
Growth will moderate to 4.7 percent in 2019: IMF
Exchange

Growth will moderate to 4.7 percent in 2019: IMF

International Monetary Fund (IMF) has stated that Pakistan's economy is expected to expand at a robust pace of 5.6 percent this year 2018 before moderating to 4.7 percent in 2019, partly reflecting an increase in macroeconomic vulnerabilities. The IMF rep
Published 18 Apr, 2018 12:00am
Growth will moderate to 4.7 percent in 2019: IMF
Exchange

Growth will moderate to 4.7 percent in 2019: IMF

International Monetary Fund (IMF) has stated that Pakistan''s economy is expected to expand at a robust pace of 5.6 percent this year 2018 before moderating to 4.7 percent in 2019, partly reflecting an increase in macroeconomic vulnerabilities. The IMF re
Published 18 Apr, 2018 12:00am
Subsidies for railways, power sector to swell allocation

Subsidies for railways, power sector to swell allocation

It will be first time in Pakistan's budget history that the proposed subsidy of Rs 30 billion for Pakistan Railways to meet losses, as well as higher subsidy for the poorly performing power sector would increase the overall allocation on subsidies for 201
Published 18 Apr, 2018 12:00am
Subsidies for railways, power sector to swell allocation

Subsidies for railways, power sector to swell allocation

It will be first time in Pakistan's budget history that the proposed subsidy of Rs 30 billion for Pakistan Railways to meet losses, as well as higher subsidy for the poorly performing power sector would increase the overall allocation on subsidies for 201
Published 18 Apr, 2018 12:00am
Subsidies for railways, power sector to swell allocation

Subsidies for railways, power sector to swell allocation

It will be first time in Pakistan''s budget history that the proposed subsidy of Rs 30 billion for Pakistan Railways to meet losses, as well as higher subsidy for the poorly performing power sector would increase the overall allocation on subsidies for 20
Published 18 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 17, 2018).

Published 18 Apr, 2018 12:00am
Subsidies for railways, power sector to swell allocation

Subsidies for railways, power sector to swell allocation

It will be first time in Pakistan''''s budget history that the proposed subsidy of Rs 30 billion for Pakistan Railways to meet losses, as well as higher subsidy for the poorly performing power sector would increase the overall allocation on subsidies for
Published 18 Apr, 2018 12:00am
WB fund for poorest countries issues $1.5 billion bond

WB fund for poorest countries issues $1.5 billion bond

The World Bank fund dedicated to helping the world's poorest countries on Tuesday announced it has raised $1.5 billion in its first-ever global bond issue, which enjoyed huge demand from investors. The International Development Association (IDA) issued a
Published 18 Apr, 2018 12:00am
WB fund for poorest countries issues $1.5 billion bond

WB fund for poorest countries issues $1.5 billion bond

The World Bank fund dedicated to helping the world's poorest countries on Tuesday announced it has raised $1.5 billion in its first-ever global bond issue, which enjoyed huge demand from investors. The International Development Association (IDA) issued a
Published 18 Apr, 2018 12:00am
Three Iranian security personnel killed

Three Iranian security personnel killed

Three Iranian security personnel were killed by militants in a cross-border attack on the frontier with Pakistan on Tuesday, Iran's Revolutionary Guards said. An Iranian police officer was killed in an ambush on a border post in the city of Mirjaveh in Si
Published 18 Apr, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee dropped slightly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee was almost inert in terms of the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
Published 18 Apr, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee dropped slightly against the dollar on the money market on Tuesday in the process of trading, money experts said. The rupee was almost inert in terms of the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they said.
Published 18 Apr, 2018 12:00am
Revised tax projection estimated at Rs 3,950 billion

Revised tax projection estimated at Rs 3,950 billion

The downward revised revenue collection target of the Federal Board of Revenue (FBR) would range between Rs 3,940 billion to Rs 3,950 billion for outgoing fiscal year. Sources told Business Recorder here on Tuesday that the revised tax projection h
Published 18 Apr, 2018 12:00am
Revised tax projection estimated at Rs 3,950 billion

Revised tax projection estimated at Rs 3,950 billion

The downward revised revenue collection target of the Federal Board of Revenue (FBR) would range between Rs 3,940 billion to Rs 3,950 billion for outgoing fiscal year. Sources told Business Recorder here on Tuesday that the revised tax projection h
Published 18 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 17, 2018).

Published 18 Apr, 2018 12:00am
Revised tax projection estimated at Rs 3,950 billion

Revised tax projection estimated at Rs 3,950 billion

The downward revised revenue collection target of the Federal Board of Revenue (FBR) would range between Rs 3,940 billion to Rs 3,950 billion for outgoing fiscal year. Sources told Business Recorder here on Tuesday that the revised tax projection h
Published 18 Apr, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 17, 2018).

Published 18 Apr, 2018 12:00am
SC asks who gave orders to hide vehicles

SC asks who gave orders to hide vehicles

The Supreme Court on Tuesday stated that luxury vehicles, worth billions of rupees, owned by the government departments were disappeared after the court took a suo motu of the matter. Chief Justice of Pakistan Mian Saqib Nisar directed the additional atto
Published 18 Apr, 2018 12:00am
SC asks who gave orders to hide vehicles

SC asks who gave orders to hide vehicles

The Supreme Court on Tuesday stated that luxury vehicles, worth billions of rupees, owned by the government departments were disappeared after the court took a suo motu of the matter. Chief Justice of Pakistan Mian Saqib Nisar directed the additional atto
Published 18 Apr, 2018 12:00am
Nawaz, Maryam to leave for London today

Nawaz, Maryam to leave for London today

Former Prime Minister Nawaz Sharif along with his daughter Maryam Nawaz will leave for London on Wednesday (today) to see his ailing spouse Kulsoom Nawaz. According to a spokesperson of Sharif family, Kulsoom Nawaz is critically ill and has been admitted
Published 18 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 17, 2018)

Published 18 Apr, 2018 12:00am
Nawaz, Maryam to leave for London today

Nawaz, Maryam to leave for London today

Former Prime Minister Nawaz Sharif along with his daughter Maryam Nawaz will leave for London on Wednesday (today) to see his ailing spouse Kulsoom Nawaz. According to a spokesperson of Sharif family, Kulsoom Nawaz is critically ill and has been admitted
Published 18 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 17, 2018).

Published 18 Apr, 2018 12:00am
Tayyaba torture case: Former judge, wife get one-year prison sentence

Tayyaba torture case: Former judge, wife get one-year prison sentence

The Islamabad High Court on Tuesday awarded one year imprisonment to former Additional District and Sessions Judge Raja Khurram Ali Khan and his wife Maheen Zafar in Tayyaba torture case. A single bench of IHC comprising Justice Aamer Farooq announced the
Published 18 Apr, 2018 12:00am
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