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Archive - 2018-04-22
Experts take samples from site of alleged Syria gas attack

Experts take samples from site of alleged Syria gas attack

Investigators from the global chemical arms watchdog collected samples Saturday from the site of a suspected gas attack in Syria two weeks ago, after security concerns delayed their probe. Gruesome footage of the alleged toxic attack on April 7 in the tow
Published 22 Apr, 2018 12:00am
Experts take samples from site of alleged Syria gas attack

Experts take samples from site of alleged Syria gas attack

Investigators from the global chemical arms watchdog collected samples Saturday from the site of a suspected gas attack in Syria two weeks ago, after security concerns delayed their probe. Gruesome footage of the alleged toxic attack on April 7 in the tow
Published 22 Apr, 2018 12:00am
PBC demands judiciary accountability

PBC demands judiciary accountability

Pakistan Bar Council (PBC) has urged the Supreme Court to exercise suo motu powers under Article 184(3) of the Constitution sparingly and confine itself only to the cases pertaining to enforcement of fundamental rights to maintain the principle of trichot
Published 22 Apr, 2018 12:00am
PBC demands judiciary accountability

PBC demands judiciary accountability

Pakistan Bar Council (PBC) has urged the Supreme Court to exercise suo motu powers under Article 184(3) of the Constitution sparingly and confine itself only to the cases pertaining to enforcement of fundamental rights to maintain the principle of trichot
Published 22 Apr, 2018 12:00am
Powerless Karachi's powerful woes

Powerless Karachi's powerful woes

The three-year-long Sui Southern Gas Company (SSGC)-KE dispute over payments and gas supply has exacted its toll on Karachi in a highly painful manner at a time when the federal government has approved the issuance of a national security certificate for t
Published 22 Apr, 2018 12:00am
A much-needed dent in VIP culture

A much-needed dent in VIP culture

Chief Justice of Pakistan Mian Saqib Nisar spent a busy day on Thursday in Peshawar, taking suo motu notices, like in Karachi and Lahore before, of different public interest issues. He visited a leading public sector hospital and a private medical college
Published 22 Apr, 2018 12:00am
Economic prospects
Exchange

Economic prospects

Pakistan has a geo-strategic importance largely because one of the world's most important trade routes in the fast growing intra-regional trading segment of global economy passes through it. With strategic intent and sound policies, it can become the worl
Published 22 Apr, 2018 12:00am
Vietnam War refugees deported under Trump struggle to settle

Vietnam War refugees deported under Trump struggle to settle

Nguyen was nine when he boarded a boat alone to escape the communist regime in Vietnam for the United States. Some 40 years later, he returned in shackles, deported from the only country he really knows to one he can scarcely remember. With conspiracy and
Published 22 Apr, 2018 12:00am
Asian push to crack down on 'fake news' sparks alarm
Kerb

Asian push to crack down on 'fake news' sparks alarm

Inflammatory stories masquerading as real news pose a particularly toxic threat in Asian countries with long-standing religious and ethnic divides, but promises by some regional leaders to tackle the problem carry equal menace. Borrowing from US President
Published 22 Apr, 2018 12:00am
'The great march of return'

'The great march of return'

The Palestinians have described their ongoing protest in Gaza as 'The Great March of Return'. Their just struggle is clearly aimed at returning to their places from where they were forcibly evicted by Zionists 70 years ago. The 1948 Palestinian exodus is
Published 22 Apr, 2018 12:00am
KP to set up Rs 100 Million Youth Welfare Fund

KP to set up Rs 100 Million Youth Welfare Fund

The PTI led provincial government of Khyber Pakhtunkhwa has prepared draft legislation for the establishment of Youth Welfare Endowment Fund to financially support and assist the youth for flourishing their new business ideas and enable them to lead a pro
Published 22 Apr, 2018 12:00am
Chinese delegation visits archeological sites in KP

Chinese delegation visits archeological sites in KP

An eight-member delegation from China visited archeological sites in Khyber Pakhtunkhwa and the Peshawar Museum and evinced keen interest in the findings and discoveries of Buddhism and Buddhist heritage.
Published 22 Apr, 2018 12:00am
CJP suspends execution of mentally ill prisoner

CJP suspends execution of mentally ill prisoner

Chief Justice of Pakistan Mian Saqib Nisar on Saturday suspended the execution of Kanizan Bibi for being schizophrenic (mental ill) patient and also sought her medical report besides another schizophrenic death row prisoner Imdad Ali.
Published 22 Apr, 2018 12:00am
Zardari calls for rejecting dogmatic interpretations of religion

Zardari calls for rejecting dogmatic interpretations of religion

"Allama Iqbal is among Pakistan's intellectual icons whose inspirational message to reconstruct religious thought in Islam needs to be heeded to restore the peaceful, progressive and egalitarian image of Islam". This has been stated by President PPPP form
Published 22 Apr, 2018 12:00am
Telenor presents 'Motorcycle Girl'

Telenor presents 'Motorcycle Girl'

Telenor presented 'Motorcycle Girl', an adventure based on the life of motorcyclist, Zenith Irfan. 'Motorcycle Girl', a biopic on the achievements of Zenith Irfan, the first female biker to take a solo journey to Pakistan's northern areas, was premiered r
Published 22 Apr, 2018 12:00am
Imran off to London

Imran off to London

The chairman Pakistan Tehreek-e-Insaaf (PTI) Imran Khan left for London on two-day visit to take part in a fund raising ceremony. As per details, PTI secretary information Fawad Chaudhary and Aown Chaudhary accompanied Imran Khan during the visit.
Published 22 Apr, 2018 12:00am
Unauthorised individuals Security withdrawn

Unauthorised individuals Security withdrawn

IGP Islamabad, Dr Sultan Azam Temuri has taken back the security provided to the unauthorised individuals in the federal capital on the directives of the Supreme Court. As per details, as many as 246 policemen have reported back to their respective police
Published 22 Apr, 2018 12:00am
Qadir Baloch named acting president of PML-N Balochistan

Qadir Baloch named acting president of PML-N Balochistan

A meeting of the Pakistan Muslim League-Nawaz (PML-N) Balochistan chapter was held under President PML-N and Chief Minister Punjab Shehbaz Sharif, here Saturday in which party office bearers for Balochistan chapter were appointed.
Published 22 Apr, 2018 12:00am
Pakistan, Afghanistan to begin coordinated anti-polio drives

Pakistan, Afghanistan to begin coordinated anti-polio drives

Secretary Health Khyber Pakhtunkhwa Abid Majeed has said the government has decided to start coordinated polio campaigns with Afghanistan to help stop virus circulation in the region which was of the same origin.
Published 22 Apr, 2018 12:00am
Capital witnesses increase in street crimes
Currency

Capital witnesses increase in street crimes

The heavily-guarded federal capital witnessed a significant increase in street crimes during the last week and citizens lost valuables worth millions of rupees. According to data gathered through registered first information reports (FIRs) here on Saturda
Published 22 Apr, 2018 12:00am
Special anti-polio drive launched in Peshawar

Special anti-polio drive launched in Peshawar

A special anti-polio campaign has launched in district Peshawar on Saturday which will continue till April 30. In this regard, a ceremony was held at Lady Reading Hospital Peshawar, in which Secretary Health Government of Khyber Pakhtunkhwa, Abid Majeed p
Published 22 Apr, 2018 12:00am
Minority & majority enjoy equal rights in KP, claims Khattak

Minority & majority enjoy equal rights in KP, claims Khattak

KP Chief Minister Pervez Khattak on Saturday said that the PTI government through the establishment of supremacy of merit has abolished difference between minority and majority. Addressing a function in connection with Easter here under the auspices of Ch
Published 22 Apr, 2018 12:00am
Saad inaugurates new coaches of Khyber Mail

Saad inaugurates new coaches of Khyber Mail

Federal Minister for Railways Khawaja Saad Rafique on Saturday inaugurated new coaches of Khyber Mail at Rawalpindi Railway Station. Speaking on the occasion, the minister said the addition of new coaches is part of an up-gradation program of Pakistan Rai
Published 22 Apr, 2018 12:00am
Naqeeb case: ATC sends Rao Anwar to jail on judicial remand

Naqeeb case: ATC sends Rao Anwar to jail on judicial remand

An anti-terrorism court (ATC) here on Saturday sent former SSP Malir Rao Anwar to jail on judicial remand till May 2 in a case pertaining to the extrajudicial murder of aspirant fashion model Naqeebullah Mehsud. Anwar, who surrendered before the Supreme C
Published 22 Apr, 2018 12:00am
Fehmida terms budget presentation 'unfair'

Fehmida terms budget presentation 'unfair'

Founder President Women Chamber of Commerce Quetta and Former Vice President PCCI, Fehmida Jamali said it is both unfair and unnecessary for the current government to present the budget. It has no moral authority to decide budgetary priorities beyond its
Published 22 Apr, 2018 12:00am
Besakhi festival: Sikh pilgrims start returning to India

Besakhi festival: Sikh pilgrims start returning to India

Sikh pilgrims, who had come to Pakistan from India for the Besakhi festival, started returning to their country Saturday. According to officials, the first train left for India via the Wagah border with 650 Sikh pilgrims on board. A total of 1,730 pilgrim
Published 22 Apr, 2018 12:00am
SHC approves LG Secretary's protective bail
Currency

SHC approves LG Secretary's protective bail

Sindh High Court (SHC) restrained National Accountability Bureau (NAB) from arresting Secretary Local Government Sindh Ramzan Awan and approved his protective bail on Saturday. Secretary Local Government Sindh moved SHC following the arrest of his persona
Published 22 Apr, 2018 12:00am
Bilawal pays rich tribute to Allama Iqbal

Bilawal pays rich tribute to Allama Iqbal

Chairman Pakistan Peoples Party Bilawal Bhutto Zardari has paid rich tributes to the great poet Allama Iqbal on his 80th death anniversary being observed on Saturday. In his message, the PPP Chairman said the poetry of Allama Iqbal was an everlasting asse
Published 22 Apr, 2018 12:00am
Future politics of PML-N will be without Sharifs': Tareen

Future politics of PML-N will be without Sharifs': Tareen

Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen on Saturday said that politics of ruling Pakistan Muslim League-Nawaz (PML-N) would be without Sharifs' as former Prime Minister Nawaz Sharif failed to present any evidence in cases against him.
Published 22 Apr, 2018 12:00am
MQM-P's demo against frequent power outages today

MQM-P's demo against frequent power outages today

Muttahida Qaumi Movement-Pakistan (MQM-P) has announced to register protest against unannounced and protracted electricity load-shedding in Karachi on Sunday (today). "Party leaders and supporters will stage a demonstration outside the Karachi Press Club
Published 22 Apr, 2018 12:00am
Hot & dry weather to persist in Karachi

Hot & dry weather to persist in Karachi

Hot and dry weather with temperature scaling up to 38 degrees Celsius scorched the metropolis on Saturday, as the Met Office forecast the heatwaves for another two days. With a hot and dry weather, the city's temperature is expected to soar to 40 degrees
Published 22 Apr, 2018 12:00am
Solar panels in demand in Karachi

Solar panels in demand in Karachi

People have been gradually started realizing that the alternative energy is the best solution to the load-shedding which has increased demand of solar panels sharply in the city as mercury is soaring and people see no respite in load-shedding in coming da
Published 22 Apr, 2018 12:00am
Earthquake hits Lahore

Earthquake hits Lahore

An earthquake hit the city of Lahore on Saturday morning, said witnesses. There was a general panic among the public with jolts of earthquake measuring 3.2 on the Richter scale. According to the preliminary report, the quake centre was at a depth of 16-km
Published 22 Apr, 2018 12:00am
Customs value of palm acid oil revised

Customs value of palm acid oil revised

Directorate General Customs Valuation (DGCV) has revised the customs values of palm acid oil under sub-section (9) of section 25 of the Customs Act, 1969. According to details, the Directorate has received representations from concerned importers, wherein
Published 22 Apr, 2018 12:00am
Steps being taken to empower farmers through e-credit scheme: PAD

Steps being taken to empower farmers through e-credit scheme: PAD

The Punjab Agriculture Department has reiterated the government commitment of including small farmers in e-credit scheme and those having land up to 50 acres can now take advantage of interest-free loans being provided under this scheme. The government ti
Published 22 Apr, 2018 12:00am
PHEC to start training of teachers tomorrow

PHEC to start training of teachers tomorrow

The training of the first batch of the newly inducted teachers of public sector colleges of Punjab is going to start from April 23rd (tomorrow). The inaugural ceremony of twelve-days training of the 1st batch comprising of 115 college teachers, from the n
Published 22 Apr, 2018 12:00am
Balanced economic policies required to stabilise rupee: FCCI

Balanced economic policies required to stabilise rupee: FCCI

Balanced, progressive, sustained and realistic economic policies are imperative to stabilize Pakistani rupee and in this connection government must take private sector into confidence in the formulation of economic policies. Reviewing the prevalent econom
Published 22 Apr, 2018 12:00am
Photography competition: PPHA holds award distribution ceremony

Photography competition: PPHA holds award distribution ceremony

The Punjab Public Health Agency (PPHA) held an award distribution ceremony for the winners of a photography competition titled 'Our health, our future' here on Saturday. Theme of the competition was public health. Punjab Primary and Secondary Healthcare M
Published 22 Apr, 2018 12:00am
Shahbaz due in Karachi today

Shahbaz due in Karachi today

The Pakistan Muslim League-Nawaz (PML-N) has started efforts for forming an alliance with political parties in Sindh to challenge the PPP in forthcoming general elections. In this regard, the PML-N leadership held talks with the leaders of MQM-P, ANP Sind
Published 22 Apr, 2018 12:00am
Pakhtuns rally in support of Pakistan army

Pakhtuns rally in support of Pakistan army

Pakhtuns took out a rally in support of Pakistan army from Shahdrah to Nasir Bagh on Saturday. A large number of Pakhtuns participated in the rally. They were riding wagons, trucks, motorbikes and other vehicles. National songs were also a special feature
Published 22 Apr, 2018 12:00am
LAI organises robotics seminar

LAI organises robotics seminar

Lahore Artificial Intelligence (LAI) organised a seminar on Robotics on Saturday. The purpose of organizing this event is to create awareness among the masses about the application of Artificial Intelligence (AI) in their professional and personal lives.
Published 22 Apr, 2018 12:00am
Punjab government vows to eradicate menace of quackery

Punjab government vows to eradicate menace of quackery

The Punjab government is determined to eliminate the menace of quackery from the province and the health authorities have been directed to launch operation in this regard without any fear or favor. Punjab Minister for Primary & Secondary Health Khawaja Im
Published 22 Apr, 2018 12:00am
SCCI team off to Saudi Arabia

SCCI team off to Saudi Arabia

A seven-member business delegation of Sialkot Chamber of Commerce and Industry (SCCI) headed by Qaiser Baig leaves for Saudi Arabia on Saturday. The leader of business delegation said that the visit to Saudi Arabia will surely pave the way in enhancing tw
Published 22 Apr, 2018 12:00am
Pakistan, Afghanistan to set up joint working groups

Pakistan, Afghanistan to set up joint working groups

Visiting Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF/World Bank spring meetings 2018 at Washington. The delegation attended a number of bilateral meetings on the si
Published 22 Apr, 2018 12:00am
Pakistan, Afghanistan to set up joint working groups

Pakistan, Afghanistan to set up joint working groups

Visiting Pakistan delegation led by Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Miftah Ismail participated in the IMF/World Bank spring meetings 2018 at Washington. The delegation attended a number of bilateral meetings on the si
Published 22 Apr, 2018 12:00am
CJP takes notice of WTO envoy's appointment

CJP takes notice of WTO envoy's appointment

Chief Justice of Pakistan Mian Saqib Nisar on Saturday while hearing public interest cases took exception to appointment of Dr Syed Tauqir Shah, former principal secretary of Chief Minister Punjab, as ambassador/permanent representative to the World Trade
Published 22 Apr, 2018 12:00am
Won't run away like Musharraf: Nawaz

Won't run away like Musharraf: Nawaz

Former prime minister Nawaz Sharif on Saturday while taking a jibe at former president said he was not like General Musharraf (retd) who would runaway. Talking to the media in London on Saturday, he said the talks of martial law were worrisome, adding tha
Published 22 Apr, 2018 12:00am
General elections due in last week of July

General elections due in last week of July

The Election Commission of Pakistan (ECP) is bound to hold general elections within 60 days after the end of term of the national assembly or within 90 days after the government dissolves the assembly, according to Article 224 of the constitution. The nat
Published 22 Apr, 2018 12:00am
'Next five-year STPF (2018-23) being formulated'

'Next five-year STPF (2018-23) being formulated'

Commerce Ministry is unlikely to get approval of five-year Strategic Trade Policy Framework (STPF) 2018-23 from the incumbent government due to slow consultative process, well informed sources told Business Recorder. The prevalent STPF 2015-18, pre
Published 22 Apr, 2018 12:00am
ICE Europe says could make Brexit changes quickly
Libor

ICE Europe says could make Brexit changes quickly

The shift in contracts from London to New York earlier this year showed how the transatlantic Intercontinental Exchange could respond rapidly to Brexit if need be, the bourse's European head said on Wednesday. ICE moved 245 derivatives contracts on North
Published 22 Apr, 2018 12:00am
Early rainfall to boost Nigeria cocoa mid-crop

Early rainfall to boost Nigeria cocoa mid-crop

Nigeria's mid-crop cocoa output for 2017/18 could rise by 15 percent from last season, helped by a mix of rainfall and sunshine in the main growing regions which has helped the trees, the head of the cocoa association said on Friday. Drought cut last seas
Published 22 Apr, 2018 12:00am
Uganda sugar output seen up 17 percent

Uganda sugar output seen up 17 percent

Uganda expects sugar production to rise 17 percent this year to 428,000 tonnes, helped by improved rainfall that is likely to boost cane output, an industry official said on Thursday. The East African country has a small but thriving sugar production sect
Published 22 Apr, 2018 12:00am
Paraguay soybeans flow to China regardless of politics

Paraguay soybeans flow to China regardless of politics

Paraguay soybeans are flowing to the world's top buyer China even though the two countries have no diplomatic relations and no plans to establish them, according to Industry Minister Gustavo Leite. Paraguay is the world's fourth-largest soybean exporter a
Published 22 Apr, 2018 12:00am
Indian cane arrears could hit $3.8 billion as prices tank

Indian cane arrears could hit $3.8 billion as prices tank

Cane arrears in India could leap to a record 250 billion rupees ($3.8 billion) in 2017-18 as a drop in sugar prices to their lowest level in 28 months made it difficult for mills to pay farmers mandatory cane prices, industry officials told Reuters. The r
Published 22 Apr, 2018 12:00am
Unsold aluminium piling up at sanctions-hit Rusal factory

Unsold aluminium piling up at sanctions-hit Rusal factory

Russian aluminium giant Rusal is stockpiling large quantities of aluminium at one of its plants in Siberia because US sanctions imposed this month have prevented it from selling the metal to customers, five sources close to the company said.
Published 22 Apr, 2018 12:00am
Ethical cocoa schemes no panacea for struggling farmers

Ethical cocoa schemes no panacea for struggling farmers

Global chocolate makers are buying more cocoa sourced through schemes aimed at stamping out poverty as they rush to make their supply chains more ethical ahead of self-imposed 2020 deadlines. The trouble for cocoa farmers is the premiums they receive for
Published 22 Apr, 2018 12:00am
Iran rejects US rights report as 'biased'

Iran rejects US rights report as 'biased'

Iran rejected the latest US human rights report as hypocritical on Saturday, saying it was "biased by political objectives". "Iran considers the annual report by the US State Department and in particular allegations raised about human rights in Iran as ab
Published 22 Apr, 2018 12:00am
Azeri parliament names Novruz Mamedov prime minister

Azeri parliament names Novruz Mamedov prime minister

The Azeri parliament appointed Novruz Mamedov as the country's new prime minister on Saturday. Mamedov has been a foreign policy assistant to Azerbaijan's President, Ilham Aliyev, since last year. He had previously worked as deputy head of presidential ad
Published 22 Apr, 2018 12:00am
US TV actress charged with sex trafficking for cult-like group

US TV actress charged with sex trafficking for cult-like group

An actress from the US TV series "Smallville" has been arrested on charges of sex trafficking for recruiting women to a purported self-help group in which they were forced to have sex with its leader, US prosecutors say. Allison Mack, 35, who was arrested
Published 22 Apr, 2018 12:00am
Clashes at Madagascar opposition protest leave one dead, 17 wounded

Clashes at Madagascar opposition protest leave one dead, 17 wounded

One person died and 17 others were injured Saturday in clashes between Madagascar's security forces and thousands of opposition activists protesting against new election laws ahead of a vote later this year in the restive island nation. Prime Minister Oli
Published 22 Apr, 2018 12:00am
Past presidents, family and friends bid farewell to Barbara Bush

Past presidents, family and friends bid farewell to Barbara Bush

Past presidents, family and friends came together Saturday to bid farewell to Barbara Bush, the matriarch of one of America's most prominent political dynasties, at a funeral service in Texas. Bush - wife to the 41st US president and mother to the 43rd -
Published 22 Apr, 2018 12:00am
Two German tourists killed in Peru bus plunge

Two German tourists killed in Peru bus plunge

Two German tourists died and 12 other people were injured Friday when their minibus fell into a ravine on an Andean road in southern Peru, police said. The vehicle, which carried 12 German tourists along with their Peruvian driver and another Peruvian, fe
Published 22 Apr, 2018 12:00am
15 militants killed in anti-jihadist operation in Mali

15 militants killed in anti-jihadist operation in Mali

Fifteen militants have been killed in an anti-jihadist operation in central Mali, the Malian army said on Saturday, adding that one soldier died and two others were injured. The "terrorists" were "neutralised, their weapons recovered and their motorbikes
Published 22 Apr, 2018 12:00am
Xi says internet control key to stability

Xi says internet control key to stability

China must strengthen its grip on the internet to ensure broader social and economic goals are met, state news agency Xinhua reported on Saturday citing comments from President Xi Jinping, underlining a hardening attitude towards online content. Under Xi'
Published 22 Apr, 2018 12:00am
Natalie Portman says backed out of prize over Netanyahu

Natalie Portman says backed out of prize over Netanyahu

Hollywood actress Natalie Portman said she was backing out of a Jerusalem ceremony where she was to receive a $2 million prize to protest against the policies of Israel's prime minister. "I chose not to attend because I did not want to appear as endorsing
Published 22 Apr, 2018 12:00am
Tens of thousands of Hungarians in new anti-Orban protest

Tens of thousands of Hungarians in new anti-Orban protest

Tens of thousands of Hungarians took to the streets in Budapest for a second consecutive Saturday to protest against newly reelected Prime Minister Viktor Orban. The crowd marched through the city to a rally where speakers demanded a non-partisan public m
Published 22 Apr, 2018 12:00am
Queen marks 92nd birthday

Queen marks 92nd birthday

Queen Elizabeth II marked her 92nd birthday on Saturday with traditional gun salutes and a Commonwealth-themed charity concert featuring Tom Jones, Kylie and Shaggy. Horse-drawn guns fired 41 times in Hyde Park and 62 times at the Tower of London, while a
Published 22 Apr, 2018 12:00am
Lebanese Red Cross worker killed in south Yemen shooting

Lebanese Red Cross worker killed in south Yemen shooting

A Lebanese Red Cross employee was gunned down in his car in war-torn Yemen's southern city of Taez on Saturday, the ICRC announced. "I'm shocked, outraged and profoundly saddened by the killing of my colleague and friend Hanna Lahoud," tweeted Robert Mard
Published 22 Apr, 2018 12:00am
Saudi women's fitness centre shut over 'indecent' video

Saudi women's fitness centre shut over 'indecent' video

Saudi sports authorities shut down a female fitness centre in Riyadh Friday over a contentious promotional video that appeared to show a woman in figure-hugging workout attire. "We are not going to tolerate this," Saudi sports authority chief Turki al-She
Published 22 Apr, 2018 12:00am
Armenian protest leader says only ready to discuss PM's 'departure'

Armenian protest leader says only ready to discuss PM's 'departure'

Armenia's political crisis deepened Saturday as demonstrations continued and protest leader Nikol Pashinyan said he was only prepared to discuss the exit of the country's newly elected prime minister, former president Serzh Sarkissian.
Published 22 Apr, 2018 12:00am
Yashwant Sinha quits BJP saying India's democracy in danger

Yashwant Sinha quits BJP saying India's democracy in danger

One of India's best known politicians, former finance and foreign minister Yashwant Sinha, quit the ruling Bharatiya Janata Party (BJP) on Saturday, saying Prime Minister Narendra Modi's party was undermining democratic institutions.
Published 22 Apr, 2018 12:00am
Indian government approves death penalty for child rapists

Indian government approves death penalty for child rapists

India's government on Saturday approved the death penalty for child rapists, after the gang rape and murder of an eight-year-old girl and a series of other horrific sexual assaults caused nationwide outrage. Prime Minister Narendra Modi called a cabinet m
Published 22 Apr, 2018 12:00am
10 killed in violent protests against Nicaragua's pension reform plan

10 killed in violent protests against Nicaragua's pension reform plan

Violent protests against a proposed change to Nicaragua's pension system have left at least 10 people dead over two days, the government said Friday. In the biggest protests in President Daniel Ortega's 11 years in office in this poor Central American cou
Published 22 Apr, 2018 12:00am
Thousands rally for ETA prisoners in Basque city

Thousands rally for ETA prisoners in Basque city

Thousands of protesters took to the streets of Bilbao in northern Spain on Saturday, calling for better prison conditions for jailed members or collaborators of ETA just weeks before the Basque separatist group is due to disband. Shouting "Basque prisoner
Published 22 Apr, 2018 12:00am
World War II 'white angel' who nursed wounded soldiers dies

World War II 'white angel' who nursed wounded soldiers dies

A French nun affectionately named "the white angel" by the Canadian soldiers she saved during one of the worst disasters to befall Allied forces during World War II has died aged 103, authorities said Saturday. Sister Agnes-Marie Valois died on Thursday i
Published 22 Apr, 2018 12:00am
Sarfraz optimistic about better results in tour of England, Ireland

Sarfraz optimistic about better results in tour of England, Ireland

Skipper of Pakistan cricket team Sarfraz Ahmed has expressed optimism that Team Pakistan will show better results with good performance in the upcoming tour of England and Ireland. He said this while talking to media on the last day of the training camp,
Published 22 Apr, 2018 12:00am
Celtic blow chance to clinch title

Celtic blow chance to clinch title

Celtic wasted a chance to clinch the Scottish Premiership title as they crashed to a shock 2-1 defeat away to Hibernian on Saturday. The runaway leaders were rocked by Jamie Maclaren's first half opener for Hibs at Easter Road. Vykintas Slivka headed in H
Published 22 Apr, 2018 12:00am
Europa League trophy stolen and recovered in Mexico

Europa League trophy stolen and recovered in Mexico

The Europa League trophy was stolen after being displayed at a publicity event in Mexico, only to be recovered a few hours later, authorities in the state of Guanajuato said on Saturday. The trophy had been on display at the football stadium in the city o
Published 22 Apr, 2018 12:00am
Manchester United weather Spurs storm to reach FA Cup final

Manchester United weather Spurs storm to reach FA Cup final

Manchester United weathered an early Tottenham storm to come from behind to win 2-1 and reach a 20th FA Cup final at Wembley on Saturday. Goals from Alexis Sanchez and Ander Herrera cancelled out Dele Alli's opener and ensured that Tottenham's decade-long
Published 22 Apr, 2018 12:00am
Bayern tune up for Real with victory at Hanover

Bayern tune up for Real with victory at Hanover

Bundesliga champions Bayern Munich warmed up for Real Madrid with a 3-0 win at Hanover 96 on Saturday as Thomas Mueller and Robert Lewandowski both scored after coming off the bench. Mueller struck within 12 minutes of his half-time introduction before Le
Published 22 Apr, 2018 12:00am
Cyclist Haleema leaves for up-to-date training in South Korea

Cyclist Haleema leaves for up-to-date training in South Korea

National junior cycling champion, Haleema Ghayoor left today (Sunday) for South Korea on a 40-day rigorous training and coaching under the aegis of Pakistan Cycling Federation. Director General (DG) Sports Khyber Pakhtunkhwa Junaid Khan was the chief gues
Published 22 Apr, 2018 12:00am
Sunderland relegated to third tier for first time in 30 years

Sunderland relegated to third tier for first time in 30 years

Sunderland were relegated to England's third tier for the first time in 30 years on Saturday as the Championship's bottom club lost 2-1 to fellow strugglers Burton. Chris Coleman's side have crashed into League One only a year after being relegated from t
Published 22 Apr, 2018 12:00am
Ruthless Rafa sets up Nishikori final, eyes 11th Monte Carlo title

Ruthless Rafa sets up Nishikori final, eyes 11th Monte Carlo title

World number one Rafael Nadal insisted he's not an automatic favourite on clay, after easing into his 12th Monte Carlo Masters final with a 6-4, 6-1 victory over Grigor Dimitrov on Saturday. The 31-year-old Nadal needs to win an 11th Monaco title to retai
Published 22 Apr, 2018 12:00am
Fed Cup: Kvitova, Pliskova give Czechs lead over Germany
Kerb

Fed Cup: Kvitova, Pliskova give Czechs lead over Germany

Victories by Petra Kvitova and Karolina Pliskova gave the Czech Republic a commanding 2-0 lead over hosts Germany in their Fed Cup semi-final on Saturday. Two-time Wimbledon champion Kvitova needed just over an hour for an emphatic 6-3, 6-2 win over Julia
Published 22 Apr, 2018 12:00am
Panathinaikos owner agrees to sell club to Asian investors

Panathinaikos owner agrees to sell club to Asian investors

Panathinaikos major shareholder Yiannis Alafouzos announced Saturday that he has accepted a proposal by the Pan Asia Investments fund and Thai Entrepreneur Pairoj Piempongsant for the acquisition of his stake in the financially-troubled Athens side. Alafo
Published 22 Apr, 2018 12:00am
Farah faces tough examination in London Marathon

Farah faces tough examination in London Marathon

British track legend Mo Farah had few peers in distance championship running but he may find a few better than him on the road in Sunday's London Marathon. The 35-year-old - who achieved the Olympic double of 5000/10000 metres champion twice - couldn't ho
Published 22 Apr, 2018 12:00am
Bullish bets on most Asian currencies rolled back
Currency

Bullish bets on most Asian currencies rolled back

Investors trimmed their long positions in most emerging Asian currencies in the last two weeks, a Reuters poll showed, as the dollar bounced back amid improving appetite for riskier assets and upbeat US economic data. Expectations that Western strikes on
Published 22 Apr, 2018 12:00am
Crypto trading tumbles as investment scramble unwinds
Exchange

Crypto trading tumbles as investment scramble unwinds

Trading activity on cryptocurrency exchanges has halved from its December peak, industry data shows, as retail interest in the virtual coins declines and the prices of many remain far below their recent highs. Average daily traded volumes across cryptocur
Published 22 Apr, 2018 12:00am
Pacquiao to launch own cryptocurrency
Exchange

Pacquiao to launch own cryptocurrency

Philippine boxing icon Manny Pacquiao said Wednesday he would launch a cryptocurrency to connect with fans, but also backed the regulation of virtual currencies. Pacquiao, one of the world's most successful boxers, is the latest athlete to launch a virtua
Published 22 Apr, 2018 12:00am
Dollar net shorts climb to 6-1/2-year peak
Currency

Dollar net shorts climb to 6-1/2-year peak

Speculators' net short dollar position surged to the highest since August 2011 in the latest week, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the net short dollar position was $23.42
Published 22 Apr, 2018 12:00am
Dollar hits two-week peak on higher US yields; sterling sags
Currency

Dollar hits two-week peak on higher US yields; sterling sags

The US dollar rose to a two-week high against a basket of currencies on Friday on rising US yields, while sterling extended a decline in the wake of dovish comments from the head of the Bank of England. The euro fell to a two-week low versus the dollar, f
Published 22 Apr, 2018 12:00am
Currency trading volumes hit record highs in first quarter
Exchange

Currency trading volumes hit record highs in first quarter

Foreign exchange trading volumes rose to a record high in the first three months of the year, data showed on Thursday, as a rise in volatility from multi-year lows encouraged more buying and selling of currencies. The numbers released by CLS, a major sett
Published 22 Apr, 2018 12:00am
Canadian dollar down
Currency

Canadian dollar down

The Canadian dollar weakened to an 11-day low against its US counterpart on Friday after data showing domestic inflation rose at a slower-than-forecast pace further reduced expectations for an interest rate hike next month from the Bank of Canada. Canada'
Published 22 Apr, 2018 12:00am
Iran says rial will move no more than 5-6 percent a year
Exchange

Iran says rial will move no more than 5-6 percent a year

Iran will let its currency move in a range of only 5 or 6 percent against the US dollar each year, its central bank governor said, a week after the government unified official and free-market exchange rates to support the plunging rial. "The rate of 42,00
Published 22 Apr, 2018 12:00am
Turkish lira moves sideways
Currency

Turkish lira moves sideways

Turkey's lira took a breather on Thursday, a day after clocking its biggest one-day advance in more than a year after President Tayyip Erdogan declared early elections on June 24. The lira, which has plumbed a series of record lows in recent weeks on wide
Published 22 Apr, 2018 12:00am
US regulator permits China's ZTE to submit more evidence

US regulator permits China's ZTE to submit more evidence

The US Commerce Department has granted ZTE Corp's request to submit more evidence after the agency banned American companies from selling to the Chinese technology firm, a senior Commerce official said on Saturday. The US Commerce Department's Bureau of I
Published 22 Apr, 2018 12:00am
Europe not choosing sides in US-China trade dispute

Europe not choosing sides in US-China trade dispute

Europe will not choose sides in the trade dispute between the United States and China, a top European official said on Saturday, adding that the European Union's temporary exemptions from US steel and aluminium tariffs should become permanent. European Co
Published 22 Apr, 2018 12:00am
Global economy outlook: Is it just a cold, or something more serious?

Global economy outlook: Is it just a cold, or something more serious?

Is it just a cold or something more serious? That's the question investors hope will be answered in the coming week by a policy update from the European Central Bank, fresh euro zone and US economic data, and earnings reports from some of the world's larg
Published 22 Apr, 2018 12:00am
Australian business tax breaks at risk over bank inquiry

Australian business tax breaks at risk over bank inquiry

Proposed tax cuts for Australian businesses are at risk following explosive evidence uncovered in an inquiry into the financial services sector, including revelations that financial advisers knowingly charged dead clients for up to a decade.
Published 22 Apr, 2018 12:00am
Polish teachers rally to demand wage hikes

Polish teachers rally to demand wage hikes

Several thousand teachers rallied in Warsaw on Saturday demanding wage hikes a week after Poland's right-wing government announced a raft of generous spending measures in other sectors ahead of local elections this fall. Public sector wages, especially in
Published 22 Apr, 2018 12:00am
No economic risk for Spain from Catalan dispute: IMF

No economic risk for Spain from Catalan dispute: IMF

The is no current risk to Spain's solid economic growth from the separatist crisis in the country's Catalonia province, a senior International Monetary Fund official said Friday.
Published 22 Apr, 2018 12:00am
Oil theft 'costing Libya over $750 million annually'

Oil theft 'costing Libya over $750 million annually'

Fuel smuggling is costing Libya more than $750 million each year and harming its economy and society, the head of the National Oil Company in the conflict-riddled country said.
Published 22 Apr, 2018 12:00am
US to investigate AT&T, Verizon over wireless collusion claim

US to investigate AT&T, Verizon over wireless collusion claim

The US has opened a probe into alleged coordination by AT&T Inc, Verizon Communications and a telecommunications standards organization to hinder consumers from easily switching wireless carriers, a person briefed on the matter said on Friday.
Published 22 Apr, 2018 12:00am
Wall Street falls on investor nerves about interest rates, tech
Exchange

Wall Street falls on investor nerves about interest rates, tech

Wall Street's three major indexes declined on Friday as investors worried about a jump in US bond yields, with technology stocks leading the decline on nerves about upcoming earnings reports and iPhone demand. The technology index was the biggest drag on
Published 22 Apr, 2018 12:00am
Investors cut exposure to tech stocks

Investors cut exposure to tech stocks

Alarm bells are ringing over valuations of the world's leading technology stocks with worries over regulation causing many investors to cut exposure to the sector, Bank of America Merrill Lynch (BAML)'s April fund manager survey found. "Long FAANG + BAT"
Published 22 Apr, 2018 12:00am
Computer-driven hedge funds miss out as AA shares bounce

Computer-driven hedge funds miss out as AA shares bounce

Sometimes the old-fashioned methods work best and that proved true this week in the high-stakes world of hedge fund trading. Computer-driven hedge funds lost 8 million pounds ($11.4 million) on Tuesday from their long-standing short positions in AA, betti
Published 22 Apr, 2018 12:00am
Computer-driven hedge funds miss out as AA shares bounce

Computer-driven hedge funds miss out as AA shares bounce

Sometimes the old-fashioned methods work best and that proved true this week in the high-stakes world of hedge fund trading. Computer-driven hedge funds lost 8 million pounds ($11.4 million) on Tuesday from their long-standing short positions in AA, betti
Published 22 Apr, 2018 12:00am
US bond selloff steepens yield curve

US bond selloff steepens yield curve

The 10-year Treasury yield reached its highest level since March 21 as the bond selloff continued for a second day on Friday, driving the yield curve steeper after two weeks of flattening. The move appears to reflect a technical shift in the market, rathe
Published 22 Apr, 2018 12:00am
US bond selloff steepens yield curve

US bond selloff steepens yield curve

The 10-year Treasury yield reached its highest level since March 21 as the bond selloff continued for a second day on Friday, driving the yield curve steeper after two weeks of flattening. The move appears to reflect a technical shift in the market, rathe
Published 22 Apr, 2018 12:00am
Foreign money flows into Asian bonds turn positive in March
Currency

Foreign money flows into Asian bonds turn positive in March

Foreigners turned net buyers of Asian bonds in March, buoyed by regional currencies' rise against the dollar, but inflows were restrained by concerns over escalating trade tensions between China and the United States. Data from central bank and bond marke
Published 22 Apr, 2018 12:00am
Foreign money flows into Asian bonds turn positive in March
Currency

Foreign money flows into Asian bonds turn positive in March

Foreigners turned net buyers of Asian bonds in March, buoyed by regional currencies' rise against the dollar, but inflows were restrained by concerns over escalating trade tensions between China and the United States. Data from central bank and bond marke
Published 22 Apr, 2018 12:00am
Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho Securities has lost a bond mandate for Saudi Arabia, on top of another for Qatar, banking sources said, highlighting how international banks have been caught up in Qatar's ongoing dispute with its neighbours. Saudi Arabia, the United Arab E
Published 22 Apr, 2018 12:00am
Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho loses Saudi bond role in ongoing Gulf rift

Japan's Mizuho Securities has lost a bond mandate for Saudi Arabia, on top of another for Qatar, banking sources said, highlighting how international banks have been caught up in Qatar's ongoing dispute with its neighbours. Saudi Arabia, the United Arab E
Published 22 Apr, 2018 12:00am
J.P Morgan launches ESG emerging market bond index

J.P Morgan launches ESG emerging market bond index

J.P Morgan on Wednesday launched a new emerging market bond index that takes environmental, social and governance (ESG) factors into account, the bank said in a statement. The index, conceived in cooperation with BlackRock, will cater to investors who wan
Published 22 Apr, 2018 12:00am
J.P Morgan launches ESG emerging market bond index

J.P Morgan launches ESG emerging market bond index

J.P Morgan on Wednesday launched a new emerging market bond index that takes environmental, social and governance (ESG) factors into account, the bank said in a statement. The index, conceived in cooperation with BlackRock, will cater to investors who wan
Published 22 Apr, 2018 12:00am
Oil stocks face crucial earnings test as investors venture back in

Oil stocks face crucial earnings test as investors venture back in

Formerly sceptical investors are buying back into oil majors in the hope that upcoming results will mark a turning point for energy stocks which have failed to keep pace with a surge in crude prices. Oil stocks could begin to close that gap if results liv
Published 22 Apr, 2018 12:00am
Canada's main share index rise
Exchange

Canada's main share index rise

Canada's main stock index rose on Friday as higher bond yields boosted financials, while shares of Rogers Communications jumped after the telecommunications company reported profits that beat estimates. The Toronto Stock Exchange's S&P/TSX composite index
Published 22 Apr, 2018 12:00am
Strategie Grains cuts EU wheat export forecast

Strategie Grains cuts EU wheat export forecast

Analyst firm Strategie Grains lowered its forecast for European Union soft wheat exports this season for the sixth month in a row, and also cut its expectations for 2018/19 as EU wheat was seen continuing to lag more competitive Black Sea prices.
Published 22 Apr, 2018 12:00am
India's oil imports from Iran fall over 15 percent in 2017-18

India's oil imports from Iran fall over 15 percent in 2017-18

India's oil imports from Iran during the 2017/18 fiscal year fell by 15.7 percent from a year ago as state refiners reduced purchases after a row over development rights for an Iranian natural gas field, according to data from shipping and industry source
Published 22 Apr, 2018 12:00am
Australia's South32 sees brighter manganese output

Australia's South32 sees brighter manganese output

Australia's South32 Ltd, the world No 1 manganese producer, on Thursday raised its output guidance for the steelmaking ingredient amid strong demand and high prices related to US sanctions against Russia, sending its shares to an all-time high.
Published 22 Apr, 2018 12:00am
Palm oil prices firm on European vegoils market
Vegetable Oil

Palm oil prices firm on European vegoils market

Palm oil on the European vegetable oils market firmed on Thursday on underlying nearby demand, though gains were limited by a lack of fresh leads and little direction from barely changed Malaysian palm oil futures. Asking prices for palm oil were between
Published 22 Apr, 2018 12:00am
Cocoa arrivals in Brazil jump in possible upward trend

Cocoa arrivals in Brazil jump in possible upward trend

Arrivals of cocoa beans from plantations in the state of Bahia increased to 10,431 60-kg bags in the week from April 2-8, after having remained below 8,000 bags for the three previous weeks, potentially signalling the start of a more prolonged upward move
Published 22 Apr, 2018 12:00am
Brazilian sugar exports likely to fall in 2018-19

Brazilian sugar exports likely to fall in 2018-19

Brazilian sugar exports are expected to fall by 6.5 million tonnes in the 2018-19 crop compared with the previous season due to a smaller cane crush and falling sugar production in both the center-south and northeast regions, according to a report release
Published 22 Apr, 2018 12:00am
Soyameal falls on European feeds market

Soyameal falls on European feeds market

Soyameal on the European meals and feeds market eased on Thursday, tracking the previous day's weaker close for CBOT soyameal futures after profit-taking. South American soyameal was offered between $1 and $7 a tonne lower, with further pressure from a la
Published 22 Apr, 2018 12:00am
Gold prices higher during India's key festival

Gold prices higher during India's key festival

Demand for physical gold was lower-than-usual during a key festival in the world's second biggest consumer India as local prices peaked and a cash crunch curbed retail spending. On Wednesday, Indians celebrated the annual festival of Akshaya Tritiya, when
Published 22 Apr, 2018 12:00am
Vietnam to sell more coffee; Indonesia's premiums flat

Vietnam to sell more coffee; Indonesia's premiums flat

An increase in London prices prompted Vietnamese farmers to sell more coffee, while Indonesia's premiums stayed flat during a mini harvest season on solid domestic demand, traders said on Thursday. London's July contract on Wednesday hit its highest in tw
Published 22 Apr, 2018 12:00am
Cotton market: prices decline in process of moderate trading
Cotton

Cotton market: prices decline in process of moderate trading

Prices failed to sustain present levels on the cotton market on Saturday in process of moderates trading, dealers said. The official spot rate was lower by Rs 100 to Rs 7500, they added. In both Sindh and Punjab, seed cotton prices were at Rs 2800-3100, t
Published 22 Apr, 2018 12:00am
Indian rice export prices fall; Thai rates soar

Indian rice export prices fall; Thai rates soar

Rice export prices in India dropped for a second week on sluggish demand and a weaker rupee, while Thai rates surged amid supply woes and fresh deals buoyed Vietnamese rates. Rates for top exporter India's 5 percent broken parboiled variety fell by $2 to
Published 22 Apr, 2018 12:00am
Chinese iron ore futures jump 7 percent on demand hopes
Exchange

Chinese iron ore futures jump 7 percent on demand hopes

Chinese iron ore futures soared nearly 7 percent on Thursday, hitting their highest in almost one month, amid expectations that a move by China's central bank to reduce the amount of cash lenders keep as reserves would help spur steel demand. But some tra
Published 22 Apr, 2018 12:00am
Asian naphtha falls to 2-1/2 month low

Asian naphtha falls to 2-1/2 month low

Asia's naphtha crack fell for a fourth straight session to a nearly 2-1/2 month low of $65.90 a tonne on Thursday, weighed down by strong oil prices and expectations of weaker demand ahead due to cracker maintenance in North Asia. Demand was mostly muted
Published 22 Apr, 2018 12:00am
Warm spell to help EU winter grains, maize sowing

Warm spell to help EU winter grains, maize sowing

The arrival of warmer, drier weather this month will benefit cereal crops in the European Union that endured a damp, cold end to winter and help sowing of maize that is getting under way, analyst firm Strategie Grains said on Thursday. Late cold snaps and
Published 22 Apr, 2018 12:00am
China's March coal output at lowest level since October

China's March coal output at lowest level since October

China's coal production in March fell to its lowest since October, data showed on Tuesday, as miners in the world's top consumer of the fuel scaled back operations amid falling prices. The country's coal output came in at 290 million tonnes in March, acco
Published 22 Apr, 2018 12:00am
CBOT soyabean futures fall on export concerns

CBOT soyabean futures fall on export concerns

Chicago Board of Trade soyabean futures fell on Thursday, with investors worried about buying demand from China despite a strong export report, traders said. Consolidation trade was noted around the CBOT July soyabean futures contract's 20-day moving aver
Published 22 Apr, 2018 12:00am
European gasoline margins little changed

European gasoline margins little changed

Gasoline refining margins were little changed on Thursday and were supported by an unplanned shutdown on the gasoline unit at Petroineos' Lavera refinery. The fluid catalytic cracker at the refinery shut unexpectedly on April 5, industry monitor Genscape
Published 22 Apr, 2018 12:00am
CBOT corn futures weaker

CBOT corn futures weaker

Chicago Board of Trade corn futures ended slightly weaker on Thursday on forecasts for warmer weather that will allow farmers in the US Midwest to pick up their pace of planting, traders said. CBOT May corn has fallen for four of the last five trading ses
Published 22 Apr, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
THE RUPEE: dollar shows muscles for new highs on strong demand
Exchange

THE RUPEE: dollar shows muscles for new highs on strong demand

The dollar is looking for new destinations against the rupee, after hitting Rs 118.50 on the open market on Saturday, opined money experts. Rates of dollar went up on high demand by intending Umrah pilgrims and investors, President Malik Bostan said.
Published 22 Apr, 2018 12:00am
THE RUPEE: dollar shows muscles for new highs on strong demand
Exchange

THE RUPEE: dollar shows muscles for new highs on strong demand

The dollar is looking for new destinations against the rupee, after hitting Rs 118.50 on the open market on Saturday, opined money experts. Rates of dollar went up on high demand by intending Umrah pilgrims and investors, President Malik Bostan said.
Published 22 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
World Shipping Schedule

World Shipping Schedule

Karachi Port's world-wide shipping schedule beginning Saturday (April 21, 2018).

Published 22 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 Saturday (April 21, 2018).

Published 22 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 Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (April 21, 2018)

Published 22 Apr, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (April 21, 2018).

Published 22 Apr, 2018 12:00am
The Weather

The Weather

The weather report on Saturday (April 21, 2018) and the forecast for Sunday (April 22, 2018).

Published 22 Apr, 2018 12:00am
Your rupee last quarter
Exchange

Your rupee last quarter

Following currency fluctuations took place in foreign exchange rates during the last quarter. (January 02 to March 30, 2018)

Published 22 Apr, 2018 12:00am
Saudi security shoots down toy drone near royal palace

Saudi security shoots down toy drone near royal palace

Saudi Arabian security forces shot down a toy drone in the capital Riyadh on Saturday, a senior Saudi official and the state news agency said, after videos were posted online showing gunfire in a neighbourhood where a royal palace is located.
Published 22 Apr, 2018 12:00am
Saudi security shoots down toy drone near royal palace

Saudi security shoots down toy drone near royal palace

Saudi Arabian security forces shot down a toy drone in the capital Riyadh on Saturday, a senior Saudi official and the state news agency said, after videos were posted online showing gunfire in a neighbourhood where a royal palace is located.
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
Door to US-China trade talks seems to open after IMF meeting

Door to US-China trade talks seems to open after IMF meeting

The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations. International Monetary Fund chief Christine Lagar
Published 22 Apr, 2018 12:00am
PML-N leadership meets in London
Exchange

PML-N leadership meets in London

The leadership of ruling Pakistan Muslim League-Nawaz (PML-N) on Saturday held an important meeting in London. The meeting was attended by Prime Minister Shahid Khaqan Abbasi, former prime minister Nawaz Sharif and former finance minister Ishaq Dar and th
Published 22 Apr, 2018 12:00am
PML-N leadership meets in London
Exchange

PML-N leadership meets in London

The leadership of ruling Pakistan Muslim League-Nawaz (PML-N) on Saturday held an important meeting in London. The meeting was attended by Prime Minister Shahid Khaqan Abbasi, former prime minister Nawaz Sharif and former finance minister Ishaq Dar and th
Published 22 Apr, 2018 12:00am
Democracy, constitutionalism: CJP reiterates his commitment

Democracy, constitutionalism: CJP reiterates his commitment

The Chief Justice of Pakistan on Saturday remarked that there was no room for martial law either in the Constitution or in anyone's mind and reiterated his stance to step down if democracy ceases to exist in Pakistan. Addressing a ceremony in connection w
Published 22 Apr, 2018 12:00am
Democracy, constitutionalism: CJP reiterates his commitment

Democracy, constitutionalism: CJP reiterates his commitment

The Chief Justice of Pakistan on Saturday remarked that there was no room for martial law either in the Constitution or in anyone's mind and reiterated his stance to step down if democracy ceases to exist in Pakistan. Addressing a ceremony in connection w
Published 22 Apr, 2018 12:00am
Constitution allows absconder to contest Senate election: Dar

Constitution allows absconder to contest Senate election: Dar

Former finance minister Ishaq Dar has stated that since the enactment of 18th Amendment, there has been no prohibition under the Constitution or law that a person who has been declared absconder can't contest Senate election. On March 3, the former financ
Published 22 Apr, 2018 12:00am
Constitution allows absconder to contest Senate election: Dar

Constitution allows absconder to contest Senate election: Dar

Former finance minister Ishaq Dar has stated that since the enactment of 18th Amendment, there has been no prohibition under the Constitution or law that a person who has been declared absconder can't contest Senate election. On March 3, the former financ
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan's economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan's economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
C/A deficit major impediment to sustainable growth: IMF

C/A deficit major impediment to sustainable growth: IMF

Jihad Azour, Director, Middle East and Central Asia Department, International Monetary Fund (IMF) has said that current account deficit is impeding Pakistan''s economy from achieving a sustainable level of growth.
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
Miftah tells IMF & WB: Pakistan set to achieve higher growth

Miftah tells IMF & WB: Pakistan set to achieve higher growth

Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the International Monetary Fund (IMF) and World Bank (WB) that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain
Published 22 Apr, 2018 12:00am
North Korea's Kim promises no more nuclear or missile tests

North Korea's Kim promises no more nuclear or missile tests

North Korean leader Kim Jong Un said he would halt nuclear tests and intercontinental missile launches, in a Saturday announcement welcomed by US President Donald Trump ahead of a much-anticipated summit between the two men. Pyongyang's declaration, long
Published 22 Apr, 2018 12:00am
North Korea's Kim promises no more nuclear or missile tests

North Korea's Kim promises no more nuclear or missile tests

North Korean leader Kim Jong Un said he would halt nuclear tests and intercontinental missile launches, in a Saturday announcement welcomed by US President Donald Trump ahead of a much-anticipated summit between the two men. Pyongyang's declaration, long
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
No further devaluation of rupee in near future: Miftah
Currency

No further devaluation of rupee in near future: Miftah

Adviser to Prime Minister on Finance Miftah Ismail has said Pakistan does not see any further devaluation of rupee in near future. He said now the exports had captured the upward trend as in just March, the exports were up 24 per cent from a year ago. "So
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
WeBOC rollout at Sust border to facilitate CPEC

WeBOC rollout at Sust border to facilitate CPEC

The rollout of WeBOC (Web Based Customs Clearance System) at Sust border will not only facilitate China-Pak Economic Corridor (CPEC) by making trade through Pak-China border easy but also align Sust dry port with all the modern customs infrastructures exi
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

Seventh Schedule of IT Ordinance 2001: SBP proposes amendments

State Bank of Pakistan (SBP) has proposed amendments to the Seventh Schedule (Banking Schedule) of the Income Tax Ordinance 2001 in the upcoming budget (2018-19). According to the budget proposals of the SBP for 2018-19, the provisions for advances and of
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
War of words intensifies over power crisis in Karachi

War of words intensifies over power crisis in Karachi

A war of words has intensified between federal and Sindh governments over current electricity crisis in Karachi due to a reduction in gas supply to Karachi Electric. Prime Minister, Shahid Khaqan Abbasi has convened a high-level meeting in Karachi on Mond
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
Murad urges Centre to delink disputed claims

Murad urges Centre to delink disputed claims

In a reply to the letter of Federal Energy Minister Awais Leghari, Sindh Chief Minister Syed Murad Ali Shah on Saturday said the Karachi Water & Sewerage Board (KW&SB) has a claim of about Rs 18 billion against various federal government entities operatin
Published 22 Apr, 2018 12:00am
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