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Archive - 2018-05-23
Overall BCI stands at 14 percent positive: OICCI

Overall BCI stands at 14 percent positive: OICCI

Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its Business Confidence Index (BCI) Survey - Wave 16, which shows that the overall Business Confidence in Pakistan stands at 14 percent positive, a significant decline from
Updated 24 May, 2018 08:54am
Iran says cannot 'interact' with US
Front Top News

Iran says cannot 'interact' with US

TEHRAN: Iran cannot "interact" with the United States as it is a country whose word cannot be trusted, supreme leade
Published 23 May, 2018 10:29pm
Gongbi painting
Featured Photos

Gongbi painting

Villager Zhao Yanfei paints in Gongbi style in Ningjin County, north China's Hebei Province, May 23, 2018. Ningjin h
Published 23 May, 2018 11:45pm
Heatwave Harassment
Featured Photos

Heatwave Harassment

A flock of sparrows bathing in stagnant water to get relief from scorching hot weather in Rawalpindi on May 23, 2018
Published 23 May, 2018 09:23pm
ISPR issues cyber alert
Pakistan Top News

ISPR issues cyber alert

ISLAMABAD: Inter Services Public Relations (ISPR) on Wednesday issued a cyber alert and clarified that a phishing em
Published 23 May, 2018 09:25pm
A case of twin deficit
Miscellaneous

A case of twin deficit

The fiscal numbers are getting out of the bound. The consolidated deficit stood at 4.3 percent of GDP in three quarters
Published 23 May, 2018 06:09am
PMEX daily trading report
Cotton

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,483. The traded value of Metals, Energy and COTS/FX was recorded at 6.254 billion and the number of lots traded was 9,474.
Published 23 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 May, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 23 May, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 23 May, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Pakistan Stock Exchange.

Published 23 May, 2018 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 May, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 May, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 22, 2018).

Published 23 May, 2018 12:00am
Fata-KP merger: Draft amendment to be placed before NA

Fata-KP merger: Draft amendment to be placed before NA

The federal cabinet on Tuesday approved the placement of draft constitutional amendment before the Parliament for the merger of FATA with Khyber Pakhtunkhwa, a few days after the merger was cleared by the National Security Committee (NSC).
Published 23 May, 2018 12:00am
Fata-KP merger: Draft amendment to be placed before NA

Fata-KP merger: Draft amendment to be placed before NA

The federal cabinet on Tuesday approved the placement of draft constitutional amendment before the Parliament for the merger of FATA with Khyber Pakhtunkhwa, a few days after the merger was cleared by the National Security Committee (NSC).
Published 23 May, 2018 12:00am
Projects worth Rs 775 billion approved by Ecnec

Projects worth Rs 775 billion approved by Ecnec

The Executive Committee of National Economic Council (Ecnec) on Tuesday approved 8 projects of over Rs775 billion including the 4th revised PC-I of Neelum-Jhelum Hydropower projects with an updated cost of Rs506 billion.
Published 23 May, 2018 12:00am
Projects worth Rs 775 billion approved by Ecnec

Projects worth Rs 775 billion approved by Ecnec

The Executive Committee of National Economic Council (Ecnec) on Tuesday approved 8 projects of over Rs775 billion including the 4th revised PC-I of Neelum-Jhelum Hydropower projects with an updated cost of Rs506 billion.
Published 23 May, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee extended overnight decline against the dollar on the money market on Tuesday in the process of trading activity, dealers said. The rupee did not move any side in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respectively,
Published 23 May, 2018 12:00am
Projects worth Rs 775 billion approved by Ecnec

Projects worth Rs 775 billion approved by Ecnec

The Executive Committee of National Economic Council (Ecnec) on Tuesday approved 8 projects of over Rs775 billion including the 4th revised PC-I of Neelum-Jhelum Hydropower projects with an updated cost of Rs506 billion.
Published 23 May, 2018 12:00am
THE RUPEE: easier trend
Currency

THE RUPEE: easier trend

The rupee extended overnight decline against the dollar on the money market on Tuesday in the process of trading activity, dealers said. The rupee did not move any side in relation to the dollar for buying and selling Rs 115.61 and Rs 115.62 respectively,
Published 23 May, 2018 12:00am
Cabinet approves 'Digital Pakistan Policy'

Cabinet approves 'Digital Pakistan Policy'

The federal cabinet on Tuesday approved the first-ever 'Digital Pakistan Policy' containing several incentives for the information and technology and services, including extension of income tax holiday, 5% cash reward on export remittances, 5% sales tax o
Published 23 May, 2018 12:00am
Cabinet approves 'Digital Pakistan Policy'

Cabinet approves 'Digital Pakistan Policy'

The federal cabinet on Tuesday approved the first-ever 'Digital Pakistan Policy' containing several incentives for the information and technology and services, including extension of income tax holiday, 5% cash reward on export remittances, 5% sales tax o
Published 23 May, 2018 12:00am
Cabinet approves ''Digital Pakistan Policy''

Cabinet approves ''Digital Pakistan Policy''

The federal cabinet on Tuesday approved the first-ever ''Digital Pakistan Policy'' containing several incentives for the information and technology and services, including extension of income tax holiday, 5% cash reward on export remittances, 5% sales tax
Published 23 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 22, 2018).

Published 23 May, 2018 12:00am
BRIndex100 snaps losing streak

BRIndex100 snaps losing streak

Pakistan Stock Exchange witnessed a bullish trend on the back of healthy buying in various sectors.
Published 23 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 22, 2018).

Published 23 May, 2018 12:00am
BRIndex100 snaps losing streak

BRIndex100 snaps losing streak

Pakistan Stock Exchange witnessed a bullish trend on the back of healthy buying in various sectors.
Published 23 May, 2018 12:00am
BRIndex100 snaps losing streak

BRIndex100 snaps losing streak

Pakistan Stock Exchange witnessed a bullish trend on the back of healthy buying in various sectors.
Published 23 May, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (May 22, 2018)

Published 23 May, 2018 12:00am
Ukraine tests anti-tank missiles bought from US

Ukraine tests anti-tank missiles bought from US

Ukraine on Tuesday carried out tests of the top of the range Javelin anti-tank missile it recently bought from the United States to boost its arsenal against Russian-backed rebels. Ukrainian President Petro Poroshenko posted video on Twitter showing a mis
Published 23 May, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 22, 2018).

Published 23 May, 2018 12:00am
Households robbed of £900 since Brexit: BoE

Households robbed of £900 since Brexit: BoE

British household incomes have haemorrhaged £900 ($1,200) in real terms since the vote to leave the EU, Bank of England Governor Mark Carney said Tuesday, warning businesses are "holding back" over Brexit uncertainty. Economic growth has sunk by "up to tw
Published 23 May, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 23 May, 2018 12:00am
ABAD for taking action against land grabber

ABAD for taking action against land grabber

Association of Builders and Developers of Pakistan (ABAD) has requested Corps Commander, Karachi Lt-General Shahid Baig Mirza and DG Rangers Major General Muhammad Saeed to take action against allegedly PPP supported notorious land grabber Ali Hassan Broh
Published 23 May, 2018 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 23 May, 2018 12:00am
General election on July 25: PM forwards summary to President

General election on July 25: PM forwards summary to President

Prime Minister Shahid Khaqan Abbasi said to have forwarded a summary to the President Mamnoon Hussain on Tuesday for holding next general election on July 25, 2018. On Monday, the Election Commission of Pakistan (ECP) sent a summary to the Prime Minister
Published 23 May, 2018 12:00am
The Weather

The Weather

The weather report on Tuesday (May 22, 2018) and the forecast for Wednesday (May 23, 2018).

Published 23 May, 2018 12:00am
Iraqi court sentences Belgian jihadist to death

Iraqi court sentences Belgian jihadist to death

An Iraqi court on Tuesday sentenced a Belgian jihadist, who threatened Europe in propaganda videos, to death by hanging for membership of the Islamic State group. The tough punishment is the latest doled out in the conflict-scarred country to foreigners w
Published 23 May, 2018 12:00am
Egypt ramps up home demolitions in Sinai campaign: HRW

Egypt ramps up home demolitions in Sinai campaign: HRW

Egypt's army has drastically stepped up its demolitions of homes, businesses and farms in the Sinai since launching a widespread campaign against militants in February, Human Rights Watch said Tuesday. The watchdog said it documented at least 3,000 homes
Published 23 May, 2018 12:00am
Prime Minister-Opposition leader meeting inconclusive yet again

Prime Minister-Opposition leader meeting inconclusive yet again

Prime Minister Shahid Khaqan Abbasi and Opposition Leader in the National Assembly Khursheed Shah failed to reach consensus on the name of caretaker prime minister yet again. A meeting was held between the Prime Minister and the opposition leader at the P
Published 23 May, 2018 12:00am
Prime Minister-Opposition leader meeting inconclusive yet again

Prime Minister-Opposition leader meeting inconclusive yet again

Prime Minister Shahid Khaqan Abbasi and Opposition Leader in the National Assembly Khursheed Shah failed to reach consensus on the name of caretaker prime minister yet again. A meeting was held between the Prime Minister and the opposition leader at the P
Published 23 May, 2018 12:00am
Monetary Policy to be announced on May 25

Monetary Policy to be announced on May 25

The State Bank of Pakistan (SBP) will unveil Monetary Policy decision for next two months on Friday. Independent Monetary Policy Committee (MPC) of the SBP is scheduled to meet on Friday May 25, 2018, for deliberation on key economic issues to take a deci
Published 23 May, 2018 12:00am
Monetary Policy to be announced on May 25

Monetary Policy to be announced on May 25

The State Bank of Pakistan (SBP) will unveil Monetary Policy decision for next two months on Friday. Independent Monetary Policy Committee (MPC) of the SBP is scheduled to meet on Friday May 25, 2018, for deliberation on key economic issues to take a deci
Published 23 May, 2018 12:00am
Monetary Policy to be announced on May 25

Monetary Policy to be announced on May 25

The State Bank of Pakistan (SBP) will unveil Monetary Policy decision for next two months on Friday. Independent Monetary Policy Committee (MPC) of the SBP is scheduled to meet on Friday May 25, 2018, for deliberation on key economic issues to take a deci
Published 23 May, 2018 12:00am
Pakistan to host SCO officials meeting today

Pakistan to host SCO officials meeting today

Pakistan will host senior officials of Shanghai Cooperation Organization (SCO), including from India, for a three-day meeting opening today (Wednesday) to be attended by legal experts on terrorism from the member states. "Pakistan is hosting the Shanghai
Published 23 May, 2018 12:00am
Pakistan to host SCO officials meeting today

Pakistan to host SCO officials meeting today

Pakistan will host senior officials of Shanghai Cooperation Organization (SCO), including from India, for a three-day meeting opening today (Wednesday) to be attended by legal experts on terrorism from the member states. "Pakistan is hosting the Shanghai
Published 23 May, 2018 12:00am
Nawaz distances himself from money trail worksheet

Nawaz distances himself from money trail worksheet

Deposed Prime Minister Nawaz Sharif on Tuesday told the Accountability Court that neither he has been involved in any transaction with the Qatari family nor was he involved in the preparation of worksheet which was filed by the Sharif family in the Suprem
Published 23 May, 2018 12:00am
Nawaz distances himself from money trail worksheet

Nawaz distances himself from money trail worksheet

Deposed Prime Minister Nawaz Sharif on Tuesday told the Accountability Court that neither he has been involved in any transaction with the Qatari family nor was he involved in the preparation of worksheet which was filed by the Sharif family in the Suprem
Published 23 May, 2018 12:00am
ZTE could face fresh $1.3 billion fine: Trump

ZTE could face fresh $1.3 billion fine: Trump

US President Donald Trump said Tuesday that as a favor to China his administration was considering a fresh set of penalties on embattled Chinese company ZTE to replace crippling sanctions imposed last month that threatened to put the firm out of business.
Published 23 May, 2018 12:00am
ZTE could face fresh $1.3 billion fine: Trump

ZTE could face fresh $1.3 billion fine: Trump

US President Donald Trump said Tuesday that as a favor to China his administration was considering a fresh set of penalties on embattled Chinese company ZTE to replace crippling sanctions imposed last month that threatened to put the firm out of business.
Published 23 May, 2018 12:00am
ZTE could face fresh $1.3 billion fine: Trump

ZTE could face fresh $1.3 billion fine: Trump

US President Donald Trump said Tuesday that as a favor to China his administration was considering a fresh set of penalties on embattled Chinese company ZTE to replace crippling sanctions imposed last month that threatened to put the firm out of business.
Published 23 May, 2018 12:00am
Rs 20 billion GoP guarantee for PIACL approved by ECC

Rs 20 billion GoP guarantee for PIACL approved by ECC

Federal Board of Revenue (FBR) has reportedly accused a cash-strapped national carrier Pakistan International Airlines (PIA) of not depositing current tax amount deducted on tickets, well-informed sources told Business Recorder. This was revealed at a rec
Published 23 May, 2018 12:00am
Rs 20 billion GoP guarantee for PIACL approved by ECC

Rs 20 billion GoP guarantee for PIACL approved by ECC

Federal Board of Revenue (FBR) has reportedly accused a cash-strapped national carrier Pakistan International Airlines (PIA) of not depositing current tax amount deducted on tickets, well-informed sources told Business Recorder. This was revealed at a rec
Published 23 May, 2018 12:00am
Rs 20 billion GoP guarantee for PIACL approved by ECC

Rs 20 billion GoP guarantee for PIACL approved by ECC

Federal Board of Revenue (FBR) has reportedly accused a cash-strapped national carrier Pakistan International Airlines (PIA) of not depositing current tax amount deducted on tickets, well-informed sources told Business Recorder. This was revealed at a rec
Published 23 May, 2018 12:00am
16 killed in Kandahar blast

16 killed in Kandahar blast

At least 16 people were killed and 38 wounded Tuesday when a minivan packed with explosives exploded as members of the security forces were trying to defuse it in southern Afghanistan, officials said. Police and intelligence officers in the city of Kandah
Published 23 May, 2018 12:00am
16 killed in Kandahar blast

16 killed in Kandahar blast

At least 16 people were killed and 38 wounded Tuesday when a minivan packed with explosives exploded as members of the security forces were trying to defuse it in southern Afghanistan, officials said. Police and intelligence officers in the city of Kandah
Published 23 May, 2018 12:00am
PTI's 100-day ambition

PTI's 100-day ambition

Pakistan Tehreek-e-Insaf (PTI) unveiled a 100-day plan in the event that the party is in a position to form the next government at the centre that would focus on formulating policies transforming governance, strengthening the federation, revitalizing econ
Published 23 May, 2018 12:00am
Israel's latest war crimes

Israel's latest war crimes

Lending its voice to widespread anger and dismay over the killing of unarmed Palestinians by Israeli forces, the UN Human Rights Council (UNHRC) passed a resolution on Friday calling on the council to urgently dispatch an independent international commiss
Published 23 May, 2018 12:00am
Grimness of external account

Grimness of external account

The balance of payments (BoP) for the period Jul-Apr 2018 was released last week. It depicts an alarming state of affairs of country's external account. The current account deficit was recorded at $14 billion, which is 5.3% of GDP. This is the highest def
Published 23 May, 2018 12:00am
Socio-economic challenges
Cotton

Socio-economic challenges

The PTI has promised to achieve within the first 100 days of its rule a number of crucially important goals. That is, if it were to win the forthcoming elections and succeeded as well in forming the government at the centre.
Published 23 May, 2018 12:00am
Robots fight weeds in challenge to agrochemical giants
Cotton

Robots fight weeds in challenge to agrochemical giants

In a field of sugar beet in Switzerland, a solar-powered robot that looks like a table on wheels scans the rows of crops with its camera, identifies weeds and zaps them with jets of blue liquid from its mechanical tentacles.
Published 23 May, 2018 12:00am
Global trade

Global trade

The following is the famous quote of Donald John Trump, the President of the US: "What separates the winners from the losers is how a person reacts to each new twist of fate." The 45th president of the US has virtually triggered a global trade war through
Published 23 May, 2018 12:00am
Balochistan Assembly passes supplementary grants for 2018-2019

Balochistan Assembly passes supplementary grants for 2018-2019

After the passage of budget for fiscal year 2018-19, the leader of the house, Mir Abdul Quddus Bizenjo, presented before the house a statement of the approved expenditures and passed supplementary grants for the year 2018-19, on Tuesday. According to Arti
Published 23 May, 2018 12:00am
PIL urges PBS to release population data of non-Muslim Pakistanis

PIL urges PBS to release population data of non-Muslim Pakistanis

Chairman Pakistan Interfaith League (PIL) Sajid Ishaq has said that Pakistan Interfaith League demanded the Pakistan Bureau of Statistics to release Population Census data 2017 of Non-Muslim Pakistanis causing ambiguities in the correct figure of the mino
Published 23 May, 2018 12:00am
Key PML-N leaders term PTI's 100-day plan 'unrealistic'

Key PML-N leaders term PTI's 100-day plan 'unrealistic'

Key cabinet members of the ruling Pakistan Muslim League-Nawaz (PML-N) Tuesday mocked Pakistan Tehreek-e-Insaf's (PTI) 100-day plan as "unrealistic" to be implemented and described it a shoddy copy of the PML-N's "Vision 2025."
Published 23 May, 2018 12:00am
Provincial governments' overdraft limit enhanced to Rs 97 billion

Provincial governments' overdraft limit enhanced to Rs 97 billion

The federal government has reportedly enhanced ways and means limits, commonly known as overdraft limit of provincial governments, by about 40 per cent to Rs 97 billion from 69 billion, well informed sources told Business Recorder. Transfers from d
Published 23 May, 2018 12:00am
Disqualification of PML-N MPA Supreme Court upholds ECP's decision

Disqualification of PML-N MPA Supreme Court upholds ECP's decision

The Supreme Court on Tuesday dismissed an appeal of Pakistan Muslim League-Nawaz (PML-N) former member Punjab Assembly Raja Shaukat Aziz Bhatti against his disqualification. A three-member bench comprising Justice Sheikh Azmat Saeed, Justice Mushir Alam a
Published 23 May, 2018 12:00am
Supreme Court grants bail to ex-IGP Sindh

Supreme Court grants bail to ex-IGP Sindh

The Supreme Court on on Tuesday granted interim bail to former Inspector General of Sindh Police, Ghulam Haider Jamali, who is facing corruption charges. A three-member bench comprising Justice Manzoor Ahmad Malik, Justice Sardar Tariq Masood and Justice
Published 23 May, 2018 12:00am
'China will continue to support connectivity projects'

'China will continue to support connectivity projects'

Vice Chairman of Foreign Affairs Committee of the Chinese People's Political Consultative Conference, Kong Quan has said that China will continue to support the connectivity projects to strengthen Pakistan's industrial and manufacturing base. The Chinese
Published 23 May, 2018 12:00am
Abbasi optimistic to have consensus nominee for caretaker PM

Abbasi optimistic to have consensus nominee for caretaker PM

Prime Minister Shahid Khaqan Abbasi Tuesday said that consultation process for reaching to a consensus nominee to lead a caretaker government in the run up to general election would be finalized within two of days. He said, he along with Leader of Opposit
Published 23 May, 2018 12:00am
Application against NAB chairman filed again

Application against NAB chairman filed again

A leader of Pakistan Muslim League-Nawaz filed an appeal against the objections raised by the Supreme Court Registrar Office on his petition, praying to set aside May 16, 2018 order. President PML-N Japan Noor Muhammad Awan on Tuesday filed the appeal und
Published 23 May, 2018 12:00am
Health budget of KP raised by 200 percent in five years: report

Health budget of KP raised by 200 percent in five years: report

The Khyber Pakhtunkhwa government while taking series of steps to ensure better health services delivery in the province increased the health budget by 200 percent during 2013-18, said the five-year performance report of the provincial government issued h
Published 23 May, 2018 12:00am
Flight carrying Sabika's body delayed due to bad weather

Flight carrying Sabika's body delayed due to bad weather

A flight carrying body of Pakistani girl Sabika Sheikh, who was killed in Texas's Santa Fe High School shooting, has been delayed due to bad weather. As per sources, the plane is now likely to reach Karachi at 4am on Wednesday. The victim's uncle Abdul Ja
Published 23 May, 2018 12:00am
National Foods promotes gender equality

National Foods promotes gender equality

National Foods Limited has over the years evolved to bring into its fold women at every level of the organization. In line with this vision to increase the role of women at corporate level, National Foods Limited participated in the Elevate program by Cir
Published 23 May, 2018 12:00am
PM lashes out at Indian forces for killing innocent civilians in IHK

PM lashes out at Indian forces for killing innocent civilians in IHK

Prime Minister Shahid Khaqan Abbasi Tuesday expressing complete solidarity with the people of Kashmir fighting for their right of self-determination, saying Indian security forces were indiscriminately killing innocent and unarmed civilians in the occupie
Published 23 May, 2018 12:00am
Former Punjab MPAs, MNA meet Hamza

Former Punjab MPAs, MNA meet Hamza

Ex-Member Punjab Assembly and National Assembly from NA-99 PTI Candidate Ch. Zulfiqar Ali Bhindar called on Member National Assembly and Central Leader of Pakistan Muslim League-N Hamza Shahbaz and announced his unconditional and full support for Muslim L
Published 23 May, 2018 12:00am
NTDC to hire consultant for carrying out technical study

NTDC to hire consultant for carrying out technical study

In view of substantial addition of generation in the system, The National Tariff & Dispatch Company (NTDC) Board of Directors (BoD) has decided to engage a consultant for carrying out highly technical study to propose further islanding options both in the
Published 23 May, 2018 12:00am
Officials term G-B Order 2018 a step towards better governance

Officials term G-B Order 2018 a step towards better governance

The Gilgit-Baltistan Order 2018 is a step towards better governance in GB province with Legislative Assembly members are now being named as members of province assembly after the implementation of the order from Monday.
Published 23 May, 2018 12:00am
Caretaker setup in Punjab: Shahbaz, Mahmoodur Rasheed meeting today

Caretaker setup in Punjab: Shahbaz, Mahmoodur Rasheed meeting today

Punjab Chief Minister Shahbaz Sharif and opposition leader in the Punjab Assembly Mian Mahmoodur Rasheed are likely to meet today for finalizing the care taker set up to be installed in the province after expiry of present government's five year tenure wi
Published 23 May, 2018 12:00am
PPP MPA accuses KP government of misappropriating Rs 36 billion

PPP MPA accuses KP government of misappropriating Rs 36 billion

Pakistan People's Party (PPP) MPA Ziaullah Afridi has accused Khyber Pakhtunkhwa government of misappropriating at least Rs 36 billion during 2016-17 and demanded of National Accountability Bureau to recover the huge amount from the chief minister Pervez
Published 23 May, 2018 12:00am
CCP issues show-cause notice to Options International

CCP issues show-cause notice to Options International

The Competition Commission of Pakistan (CCP) has issued a show cause notice to Options International (SMC-Pvt) Limited for prima facie, fraudulently selling "STARBUCKS" Coffee in Pakistan. STARBUCKS, an international chain of coffee houses registered in t
Published 23 May, 2018 12:00am
Sindh Assembly approves Rs 1.14 trillion budget for 2018-19

Sindh Assembly approves Rs 1.14 trillion budget for 2018-19

Sindh Assembly on Tuesday approved the province's Rs 1.14 trillion financial budget for the fiscal year 2018-19 with a majority vote in addition to Rs 1.1 trillion supplementary financial plan for the current fiscal year, despite its rejection by the oppo
Published 23 May, 2018 12:00am
Sindh Assembly approves Rs 1.14 trillion budget for 2018-19

Sindh Assembly approves Rs 1.14 trillion budget for 2018-19

Sindh Assembly on Tuesday approved the province's Rs 1.14 trillion financial budget for the fiscal year 2018-19 with a majority vote in addition to Rs 1.1 trillion supplementary financial plan for the current fiscal year, despite its rejection by the oppo
Published 23 May, 2018 12:00am
Dr Qadeer concerned at increasing kidney diseases

Dr Qadeer concerned at increasing kidney diseases

Nuclear Scientist, Dr.Abdul Qadeer Khan has expressed concern over increasing kidney diseases. Speaking at a meeting of Korangi Avocation of Trade and Industry (KATI) for a fund raising appeal for DR AQ Khan Hospital, a health facility for kidney patient,
Published 23 May, 2018 12:00am
Cheques distributed among 90 students

Cheques distributed among 90 students

Vice Chancellor LUMHS Prof Bikha Ram Devrajani has distributed cheques among 90 postgraduate students of the university under the "Prime Minister's Fee Reimbursement Scheme" in a ceremony arranged by the Post Graduate Medical Institute, Liaquat University
Published 23 May, 2018 12:00am
Ahsan Iqbal, vice chancellors review HEC projects under PSDP

Ahsan Iqbal, vice chancellors review HEC projects under PSDP

The Higher Education Commission (HEC) hosted a meeting of Vice Chancellors to review progress on higher education sector projects approved and funded under Public Sector Development Fund (PSDP) during the last five years. The meeting also deliberated on t
Published 23 May, 2018 12:00am
K-IV project can't be completed with existing PC-1: SWC

K-IV project can't be completed with existing PC-1: SWC

Sindh Water Commission Tuesday declared that K-IV Greater Karachi Water Project can't be completed with the existing PC-1 that lacks many components such as bridges, culverts etc. One-man judicial commission headed by Justice Amir Hani Muslim (r) viewed a
Published 23 May, 2018 12:00am
Mayor Karachi stresses need for tree plantation

Mayor Karachi stresses need for tree plantation

Karachi Mayor Waseem Akhtar on Tuesday said the anti-encroachment operation at Empress Market Saddar and its adjoining areas would continue by the end of Holy Ramazan. The anti-encroachment drive initiated by the civic agency along with the city police on
Published 23 May, 2018 12:00am
Remedial steps needed for improving economy: PBIF

Remedial steps needed for improving economy: PBIF

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain urged the government to take remedial action to prevent the economy from imminent threats. He said that the foreign exchange reserves of the country was depleting rapidly du
Published 23 May, 2018 12:00am
SBP may release PSM employees' three-month salary today

SBP may release PSM employees' three-month salary today

Federal Finance Minister has asked the State Bank of Pakistan (SBP) for a loan of Rs 1.140 billion to Pakistan Steel Mills for payment of salaries of three months-January, February and March, 2018. The state bank is likely to transfer the sanctioned amoun
Published 23 May, 2018 12:00am
Partly Facetious : The southern Punjab electables

Partly Facetious : The southern Punjab electables

"Brutus in Shakespeare's play Julius Caesar after stabbing his friend Caesar says to the Roman public 'it is not that I loved Caesar less but that I loved Rome more'."
Published 23 May, 2018 12:00am