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Archive - 2018-06-15
Eidul Fitr Mubarak
Featured Photos

Eidul Fitr Mubarak

A lady being decorated her hand with mehndi at beauty parlor for preparation of Eidul Fitr. Copyright APP (Assoc
Published 15 Jun, 2018 07:01pm
Eid-ul-Fitr to be celebrated on Saturday
Pakistan Top News

Eid-ul-Fitr to be celebrated on Saturday

ISLAMABAD: Eid-ul-Fitr will be celebrated on Saturday with religious zeal and fervor Big Eid congregations will be held
Published 15 Jun, 2018 02:58pm
China stocks slip

China stocks slip

China and Hong Kong stocks eased on Thursday as disappointing economic data and renewed trade war fears hit investor sentiment. The blue-chip CSI300 index closed down 0.4 percent at 3,773.37 points, while the Shanghai Composite Index 3,044.16 slipped 0.2
Published 15 Jun, 2018 12:00am
Indian shares down

Indian shares down

Indian shares snapped a three-session winning streak to end lower on Thursday, tracking Asian peers, a day after the US Federal Reserve raised interest rates and struck a more hawkish tone in forecasting a slightly faster pace of tightening.
Published 15 Jun, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Wednesday after the Federal Reserve raised interest rates as expected, and signalled two more hikes this year, citing higher inflation.
Published 15 Jun, 2018 12:00am
Treasury yields climb

Treasury yields climb

US Treasury yields rose on Wednesday after the Federal Reserve raised interest rates as expected, and signalled two more hikes this year, citing higher inflation.
Published 15 Jun, 2018 12:00am
Sri Lankan stocks end lower

Sri Lankan stocks end lower

Sri Lankan shares closed lower for a seventh straight session on Thursday, with turnover slumping to a more than three-week low, as investors sold diversified shares. The Colombo stock index ended 0.17 percent weaker at 6,337.88, its lowest close since De
Published 15 Jun, 2018 12:00am
Wall Street falls as Fed signals two more hikes this year

Wall Street falls as Fed signals two more hikes this year

US stocks ended a choppy session lower on Wednesday after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year. Two more hikes are now expected by the end of this year, compared with one pre
Published 15 Jun, 2018 12:00am
Thursday's early trade: Wall Street edges higher after ECB statement

Thursday's early trade: Wall Street edges higher after ECB statement

US stocks ticked higher on Thursday after the European Central Bank promised not to raise euro zone interest rates before the middle of next year and on better-than-expected May retail sales. The bank's statement came as a relief to investors, especially
Published 15 Jun, 2018 12:00am
Tokyo stocks lower

Tokyo stocks lower

Tokyo stocks fell on Thursday as investors locked in profits following a three-day rally, with a strong yen weighing on the market. The benchmark Nikkei 225 index lost 0.99 percent or 227.77 points to close at 22,738.61 while the broader Topix index was d
Published 15 Jun, 2018 12:00am
Australian shares slip; New Zealand at record high

Australian shares slip; New Zealand at record high

Australian shares closed slightly lower on Thursday, dragged by banks while telecom stocks held the fort after Australia kept Chinese telecom giant Huawei Technologies Co Ltd out of internet cabling for the Solomon Islands. Investors looked past the US Fe
Published 15 Jun, 2018 12:00am
Abu Dhabi, Qatar rise, but Dubai sags as Eid holiday begins

Abu Dhabi, Qatar rise, but Dubai sags as Eid holiday begins

The Abu Dhabi stock exchange ended higher on Thursday, helped by shares in sector majors First Abu Dhabi Bank (FAB) and Etisalat, and neighbouring Dubai ended lower as property shares weighed on the exchange. Abu Dhabi's main index jumped 1.8 percent, as
Published 15 Jun, 2018 12:00am
US consumer spending accelerating; labour market robust

US consumer spending accelerating; labour market robust

US retail sales increased more than expected in May as consumers bought motor vehicles and a range of other goods even as they paid more for gasoline, the latest indication of an acceleration in economic growth in the second quarter.
Published 15 Jun, 2018 12:00am
Britons go on spending spree to mark royal wedding, sunshine

Britons go on spending spree to mark royal wedding, sunshine

British retail sales jumped for a second month in a row in May as a royal wedding and warm weather helped shoppers put a winter slump further behind them, according to data that showed much stronger spending than expected.
Published 15 Jun, 2018 12:00am
Greece wins new eurozone bailout payment
Currency

Greece wins new eurozone bailout payment

Eurozone authorities agreed Thursday to make a fresh one billion euro cash injection to Greece following its latest reforms, positioning Athens well to leave its painful bailout programme in August. The new tranche agreed by the EU's bailout fund on Tuesd
Published 15 Jun, 2018 12:00am
Rolls-Royce cuts 4,600 jobs

Rolls-Royce cuts 4,600 jobs

Rolls-Royce plans to axe 4,600 mainly British management roles by 2020 to further slash costs, the UK maker of plane engines announced on Thursday. "Rolls-Royce announces the next stage in our drive for pace and simplicity with a proposed restructuring th
Published 15 Jun, 2018 12:00am
EU backs tariffs against US as trade war escalates
Cotton

EU backs tariffs against US as trade war escalates

EU countries on Thursday approved a raft of tariffs targeting US goods including whiskey and motorcycles in retaliation against painful duties imposed by President Donald Trump on European metals. Europe's move fuels a growing transatlantic trade war just
Published 15 Jun, 2018 12:00am
Russia proposes raising pension age, first hike in almost 90 years

Russia proposes raising pension age, first hike in almost 90 years

Russian Prime Minister Dmitry Medvedev on Thursday proposed raising the state pension age to 65 for men and 63 for women, the first such hike in almost nine decades. A legacy of the USSR, Russia's retirement age - set at 55 for women and 60 for men since
Published 15 Jun, 2018 12:00am
China holds fire on rates, posts 'shockingly weak' activity growth

China holds fire on rates, posts 'shockingly weak' activity growth

China's economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers, with data on Thursday pointing to a broad slowdown in activity in May.
Published 15 Jun, 2018 12:00am
Slowdown on cotton market due to Eid holidays
Currency

Slowdown on cotton market due to Eid holidays

Activities on the ready cotton market slowed on Thursday as Friday through next Monday, (15th to 18th June 2018) both days inclusive, are public holidays as declared by the government. Thus cotton harvesting, ginning factories and textile mills will all r
Published 15 Jun, 2018 12:00am
Slowdown on cotton market due to Eid holidays
Currency

Slowdown on cotton market due to Eid holidays

Activities on the ready cotton market slowed on Thursday as Friday through next Monday, (15th to 18th June 2018) both days inclusive, are public holidays as declared by the government. Thus cotton harvesting, ginning factories and textile mills will all r
Published 15 Jun, 2018 12:00am
US wheat futures fall on profit-taking

US wheat futures fall on profit-taking

US wheat futures fell sharply on Wednesday, with the benchmark Chicago Board of Trade July soft red winter wheat contract shedding 3.2 percent, on a round of profit-taking following Tuesday's rally, traders said. Traders noted long liquidation by investme
Published 15 Jun, 2018 12:00am
No business witnessed
Cotton

No business witnessed

No business was witnessed on the cotton market on Thursday ahead of Eid-ul-Fitr holidays, dealers said. The official spot rate was unchanged at Rs 7,600, they added. Prices of seed cotton in Sindh are available at Rs 3800-4000, they said.
Published 15 Jun, 2018 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 166,974 tonnes of cargo comprising 97,848 tonnes of import cargo and 69,126 tonnes of export cargo including 5,030 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 97
Published 15 Jun, 2018 12:00am
Euronext wheat falls as market digests USDA report

Euronext wheat falls as market digests USDA report

Euronext wheat eased on Wednesday as surprise over a sharply reduced forecast of Russia's harvest subsided, encouraged by beneficial rain for US spring wheat and a backdrop of ample global supplies. Benchmark December wheat on the Paris-based Euronext exc
Published 15 Jun, 2018 12:00am
Bangladesh tea prices rise

Bangladesh tea prices rise

Tea prices in Bangladesh rose at the weekly auction for the fifth time in a row on robust demand for quality leaf despite the higher volume on offer.
Published 15 Jun, 2018 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,557. The traded value of Metals, Energy and COTS/FX was recorded at PKR6.933 billion and the number of lots traded was 8,141.
Published 15 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 Jun, 2018 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 15 Jun, 2018 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 15 Jun, 2018 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 15 Jun, 2018 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (June 14, 2018).
Published 15 Jun, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Introduction to communication research: the first basic steps

Introduction to communication research: the first basic steps

Since the articles publish in Weekend Reviews/Pakistan perspectives are usually anchored in Communication Research it is incumbent that the first basic steps in that Research are delineated first. The first steps consist of three basic exposure-selective
Published 15 Jun, 2018 12:00am
In search of happiness

In search of happiness

Life kills. This may seem a contradiction but is true. The pressures of living sometimes make dying easier. The constant struggle of coping with ups and downs in life put huge stress on the mind that sometimes implodes and does things that are neither rat
Published 15 Jun, 2018 12:00am
For a brief moment, goal scorers forget poverty and war

For a brief moment, goal scorers forget poverty and war

The eyes of the world will turn to Russia this week for the World Cup but it is far away you must look to find the sport's beating heart - on war-ravaged streets and in poverty-stricken slums where the simple act of scoring a goal transcends the grind of
Published 15 Jun, 2018 12:00am
ART FACTS; Divine blessing

ART FACTS; Divine blessing

Javed Qamar's passion and love for calligraphy was evident in his detailed work. For more than two decades he is constantly developing new techniques which consequently give his work more depth, meaning and maturity.
Published 15 Jun, 2018 12:00am
Connecting with society

Connecting with society

The artists tried to connect to the society through their paintings by exploring various emotions, moods and relationships in a group exhibition titled "Maidaan" at Koel Gallery, Karachi. Each of the young nine artists through their multidisciplinary prac
Published 15 Jun, 2018 12:00am
Eid-ul-Fitr: its real spirit and significance

Eid-ul-Fitr: its real spirit and significance

In Islam, the entire community of human beings is enjoined and obligated to worship God and to be thankful to Him. For Muslims, the annual festival of Eid-ul-Fitr is a reward for their endurance of the Divine exercise observed during Ramazan, the holiest
Published 15 Jun, 2018 12:00am
Yoga and cheesecake for new mums in plush Chinese 'sitting centres'

Yoga and cheesecake for new mums in plush Chinese 'sitting centres'

Yoga class starts shortly, the pristine massage centre is open for business and cheesecake is served on a platter of pastries and fruit. And then the muffled cry of a baby emerges down the hallway. The setting may resemble a five-star hotel, but this is a
Published 15 Jun, 2018 12:00am
Bite the dust at Bangkok's 'death awareness' café

Bite the dust at Bangkok's 'death awareness' café

Dying for a cup of coffee? You will feel right at home at Bangkok's new "death awareness" cafe, a macabre, Buddhist spin on the themed-cafe craze where customers are urged to confront their own mortality - and live better lives as a result.
Published 15 Jun, 2018 12:00am
Turkey's 'Eastern Express' puts romance back on tracks

Turkey's 'Eastern Express' puts romance back on tracks

Emre proposed to his girlfriend Mine Nur in a candlelit wagon on the "Eastern Express", a thousand kilometer train ride across eastern Turkey which he says formed the perfect start to their voyage through life. "We love traveling, so this suits us perfec
Published 15 Jun, 2018 12:00am
Amal Clooney speaks from the heart as George gets lifetime award

Amal Clooney speaks from the heart as George gets lifetime award

Amal Clooney last Thursday paid unprecedented public tribute to her movie star husband George Clooney, calling him a gentleman, an amazing husband and father and the love of her life. The human rights lawyer was addressing a star-studded lifetime achievem
Published 15 Jun, 2018 12:00am
'Ocean's 8,' a glamorous crime tale for the MeToo age

'Ocean's 8,' a glamorous crime tale for the MeToo age

They're eight women, poised to take over from the men for an "Ocean's" reboot full of glitz and glamor - a particularly MeToo affair that does away with the saga's traditional masculinity. "Ocean's 8" more than 10 years after "Ocean's 13," the third volum
Published 15 Jun, 2018 12:00am
The 'It' crowd vies for glory in three-decade tag game

The 'It' crowd vies for glory in three-decade tag game

Like scraped knees, hide-and-seek and hopelessly deflated soccer balls, tag has been a creative solution to playground boredom pretty much since they invented childhood. But for one group of middle-aged men the fun never got stale, and they have spent the
Published 15 Jun, 2018 12:00am
Tatum hopes to set pulses racing with 'Magic Mike' London show

Tatum hopes to set pulses racing with 'Magic Mike' London show

Channing Tatum hopes to set London pulses racing with seductive dance routines and plenty of acrobatics in his new "Magic Mike" show, a live production he says offers an updated take on male stripper performances. The 38-year-old, who starred in the "Magi
Published 15 Jun, 2018 12:00am
BRIDGE NOTES: The move after next

BRIDGE NOTES: The move after next

Those who play Bridge with foresight anticipating what can possibly thwart their winning line of play and they are the ones who are invariably at the top echelon of Bridge competitiveness. Just like the beginners in Bridge are taught to prepare their open
Published 15 Jun, 2018 12:00am
'Hereditary' scares up frightfully good reviews

'Hereditary' scares up frightfully good reviews

In a movie where everything goes wrong for a family, "Hereditary" is doing everything right, with film critics hailing it as a modern masterpiece in the horror genre. "Hereditary" stars Australian actress Toni Collette as the daughter of a woman whose de
Published 15 Jun, 2018 12:00am
Mulla Fazlullah among five killed in Afghanistan?

Mulla Fazlullah among five killed in Afghanistan?

Pakistani Taliban chief Mulla Fazlullah has been killed in a drone missile attack in Afghanistan, Aaj News reported at midnight between Thursday and Friday. The US drone targeted a house in Marora area in Kunar district. As a result of the drone attack, M
Published 15 Jun, 2018 12:00am
Mulla Fazlullah among five killed in Afghanistan?

Mulla Fazlullah among five killed in Afghanistan?

Pakistani Taliban chief Mulla Fazlullah has been killed in a drone missile attack in Afghanistan, Aaj News reported at midnight between Thursday and Friday. The US drone targeted a house in Marora area in Kunar district. As a result of the drone attack, M
Published 15 Jun, 2018 12:00am
Israel has bombed Iranian-backed militants in Syria: Netanyahu

Israel has bombed Iranian-backed militants in Syria: Netanyahu

Israel has bombed Iranian-backed militias in Syria, Israeli Prime Minister Benjamin Netanyahu said on Thursday, accusing Tehran of bringing tens of thousands of Pakistani and Afghan fighters into the war-torn country. Netanyahu's comments were a rare admi
Published 15 Jun, 2018 12:00am
Kulsoom Nawaz's condition deteriorates

Kulsoom Nawaz's condition deteriorates

Begum Kulsoom Nawaz, wife of former prime minister Nawaz Sharif, has been shifted to intensive care unit (ICU) of a London hospital after her condition further deteriorated late Thursday, hospital sources told, according to Aaj News.
Published 15 Jun, 2018 12:00am
Eid-ul-Fitr tomorrow

Eid-ul-Fitr tomorrow

The crescent of Shawwal was not sighted in any part of the country, and Eid-ul-Fitr will be celebrated on Saturday, June 16th. This was announced by the Chairman of Central Ruet-e-Hilal Committee Mufti Munib Ur Rehman after chairing a meeting of Central R
Published 15 Jun, 2018 12:00am
Eid-ul-Fitr tomorrow

Eid-ul-Fitr tomorrow

The crescent of Shawwal was not sighted in any part of the country, and Eid-ul-Fitr will be celebrated on Saturday, June 16th. This was announced by the Chairman of Central Ruet-e-Hilal Committee Mufti Munib Ur Rehman after chairing a meeting of Central R
Published 15 Jun, 2018 12:00am
Joint provisional liquidators: Abraaj says seeking appointment

Joint provisional liquidators: Abraaj says seeking appointment

The Board of Abraaj Holdings Limited has announced that the company has filed an application in the Grand Court of the Cayman Islands seeking appointment of Simon Conway of PwC Corporate Finance and Recovery (Cayman) Limited and Michael Jervis and Mo Farz
Published 15 Jun, 2018 12:00am
Joint provisional liquidators: Abraaj says seeking appointment

Joint provisional liquidators: Abraaj says seeking appointment

The Board of Abraaj Holdings Limited has announced that the company has filed an application in the Grand Court of the Cayman Islands seeking appointment of Simon Conway of PwC Corporate Finance and Recovery (Cayman) Limited and Michael Jervis and Mo Farz
Published 15 Jun, 2018 12:00am
Joint provisional liquidators: Abraaj says seeking appointment

Joint provisional liquidators: Abraaj says seeking appointment

The Board of Abraaj Holdings Limited has announced that the company has filed an application in the Grand Court of the Cayman Islands seeking appointment of Simon Conway of PwC Corporate Finance and Recovery (Cayman) Limited and Michael Jervis and Mo Farz
Published 15 Jun, 2018 12:00am
Prime Minister identifies major agriculture sector challenges

Prime Minister identifies major agriculture sector challenges

Prime Minister former Justice Nasir-ul-Mulk has identified low productivity, high cost of production, water scarcity and weak technology transfer linkages as some of the major challenges that need to be addressed on priority basis to ensure food security
Published 15 Jun, 2018 12:00am
Prime Minister identifies major agriculture sector challenges

Prime Minister identifies major agriculture sector challenges

Prime Minister former Justice Nasir-ul-Mulk has identified low productivity, high cost of production, water scarcity and weak technology transfer linkages as some of the major challenges that need to be addressed on priority basis to ensure food security
Published 15 Jun, 2018 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 15 Jun, 2018 12:00am
Prime Minister identifies major agriculture sector challenges

Prime Minister identifies major agriculture sector challenges

Prime Minister former Justice Nasir-ul-Mulk has identified low productivity, high cost of production, water scarcity and weak technology transfer linkages as some of the major challenges that need to be addressed on priority basis to ensure food security
Published 15 Jun, 2018 12:00am
ECB to end bond buying but pushes out first rate hike
Currency

ECB to end bond buying but pushes out first rate hike

The European Central Bank will shut its hallmark bond purchase scheme by the close of the year, it said on Thursday, taking its biggest step yet towards dismantling crisis-era stimulus a decade after the start of the euro zone's economic downturn. But in
Published 15 Jun, 2018 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 15 Jun, 2018 12:00am
ECB to end bond buying but pushes out first rate hike
Currency

ECB to end bond buying but pushes out first rate hike

The European Central Bank will shut its hallmark bond purchase scheme by the close of the year, it said on Thursday, taking its biggest step yet towards dismantling crisis-era stimulus a decade after the start of the euro zone's economic downturn. But in
Published 15 Jun, 2018 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 15 Jun, 2018 12:00am
ECB to end bond buying but pushes out first rate hike
Currency

ECB to end bond buying but pushes out first rate hike

The European Central Bank will shut its hallmark bond purchase scheme by the close of the year, it said on Thursday, taking its biggest step yet towards dismantling crisis-era stimulus a decade after the start of the euro zone''s economic downturn. But in
Published 15 Jun, 2018 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 15 Jun, 2018 12:00am
ECB to end bond buying but pushes out first rate hike
Currency

ECB to end bond buying but pushes out first rate hike

The European Central Bank will shut its hallmark bond purchase scheme by the close of the year, it said on Thursday, taking its biggest step yet towards dismantling crisis-era stimulus a decade after the start of the euro zone''''s economic downturn. But
Published 15 Jun, 2018 12:00am
Equities close on positive note

Equities close on positive note

Pakistan Stock Exchange closed on positive note on the last trading day before long Eid holidays on the back of selective buying by both local and foreign investors. BRIndex100 gained 22.69 points or 0.49 percent to close at 4,685.09 points on Thursday. D
Published 15 Jun, 2018 12:00am
Equities close on positive note

Equities close on positive note

Pakistan Stock Exchange closed on positive note on the last trading day before long Eid holidays on the back of selective buying by both local and foreign investors. BRIndex100 gained 22.69 points or 0.49 percent to close at 4,685.09 points on Thursday. D
Published 15 Jun, 2018 12:00am
Equities close on positive note

Equities close on positive note

Pakistan Stock Exchange closed on positive note on the last trading day before long Eid holidays on the back of selective buying by both local and foreign investors. BRIndex100 gained 22.69 points or 0.49 percent to close at 4,685.09 points on Thursday. D
Published 15 Jun, 2018 12:00am
HR violations in IHK: UN nails India, urges inquiry

HR violations in IHK: UN nails India, urges inquiry

The UN human rights chief on Thursday called for a major investigation into abuses in held Kashmir, as his office released its first-ever report on violations committed by both India and Pakistan in the disputed territory.
Published 15 Jun, 2018 12:00am
HR violations in IHK: UN nails India, urges inquiry

HR violations in IHK: UN nails India, urges inquiry

The UN human rights chief on Thursday called for a major investigation into abuses in held Kashmir, as his office released its first-ever report on violations committed by both India and Pakistan in the disputed territory.
Published 15 Jun, 2018 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Indian Army chief favours dialogue

Indian Army chief favours dialogue

Indian Army Chief Bipin Rawat has accepted his defeat in occupied Kashmir and suggested negotiations for peace during a recent interview with an Indian newspaper. Bipin Rawat said that even the use of power could not stop movement of Kashmiri youth. India
Published 15 Jun, 2018 12:00am
Indian Army chief favours dialogue

Indian Army chief favours dialogue

Indian Army Chief Bipin Rawat has accepted his defeat in occupied Kashmir and suggested negotiations for peace during a recent interview with an Indian newspaper. Bipin Rawat said that even the use of power could not stop movement of Kashmiri youth. India
Published 15 Jun, 2018 12:00am
Pakistan welcomes UN report

Pakistan welcomes UN report

Pakistan Thursday welcomed the proposal by the UN High Commissioner for Human Rights to establish a Commission of inquiry for international investigation into human rights violations in Indian occupied Jammu and Kashmir (IoK).
Published 15 Jun, 2018 12:00am
Pakistan welcomes UN report

Pakistan welcomes UN report

Pakistan Thursday welcomed the proposal by the UN High Commissioner for Human Rights to establish a Commission of inquiry for international investigation into human rights violations in Indian occupied Jammu and Kashmir (IoK).
Published 15 Jun, 2018 12:00am
THE RUPEE: dollar in search of new destination
Currency

THE RUPEE: dollar in search of new destination

On the back of short supply against the strong demand, the dollar maintained rising trend versus the rupee on the money market on Thursday in the process of trading activity, dealer said. Commenting on the persisting decline in the value of rupee, marketm
Published 15 Jun, 2018 12:00am
THE RUPEE: dollar in search of new destination
Currency

THE RUPEE: dollar in search of new destination

On the back of short supply against the strong demand, the dollar maintained rising trend versus the rupee on the money market on Thursday in the process of trading activity, dealer said. Commenting on the persisting decline in the value of rupee, marketm
Published 15 Jun, 2018 12:00am
Nawaz given last chance to make final arguments

Nawaz given last chance to make final arguments

Accountability Court on Thursday gave last chance to the counsel for former Prime Minister Nawaz Sharif and his family members to make final arguments in the Avenfield reference. Counsel for Maryam Nawaz and her husband Captain Muhammad Safdar (retd), Amj
Published 15 Jun, 2018 12:00am
Nawaz given last chance to make final arguments

Nawaz given last chance to make final arguments

Accountability Court on Thursday gave last chance to the counsel for former Prime Minister Nawaz Sharif and his family members to make final arguments in the Avenfield reference. Counsel for Maryam Nawaz and her husband Captain Muhammad Safdar (retd), Amj
Published 15 Jun, 2018 12:00am
Levellised tariff for transmission line project determined

Levellised tariff for transmission line project determined

The National Electric Power Regulatory Authority (Nepra) has determined levellised tariff of Rs 0.3978 per unit for double circuit transmission line project from Sindh Nooriabad power projects (SNPCL-I & SNPCL-II) to K-Electric grid station. The reference
Published 15 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Levellised tariff for transmission line project determined

Levellised tariff for transmission line project determined

The National Electric Power Regulatory Authority (Nepra) has determined levellised tariff of Rs 0.3978 per unit for double circuit transmission line project from Sindh Nooriabad power projects (SNPCL-I & SNPCL-II) to K-Electric grid station. The reference
Published 15 Jun, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Levellised tariff for transmission line project determined

Levellised tariff for transmission line project determined

The National Electric Power Regulatory Authority (Nepra) has determined levellised tariff of Rs 0.3978 per unit for double circuit transmission line project from Sindh Nooriabad power projects (SNPCL-I & SNPCL-II) to K-Electric grid station. The reference
Published 15 Jun, 2018 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (June 14, 2018)

Published 15 Jun, 2018 12:00am
UK jet expert held over 'Chinese plot for military secrets'

UK jet expert held over 'Chinese plot for military secrets'

British police confirmed Thursday they had arrested a man under the Official Secrets Act amid reports of a feared Chinese plot against F-35B stealth fighter jets. Bryn Jones, 73, a former Rolls-Royce chief combustion technologist, was arrested after the s
Published 15 Jun, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
ECP lifts ban on recruitments

ECP lifts ban on recruitments

The Election Commission of Pakistan (ECP) on Thursday withdrew its earlier notification to restrict the governments to make fresh recruitments. According to ECP notification, " In exercise of its powers conferred on under Article 218(3) of the constitutio
Published 15 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 Jun, 2018 12:00am
FBR extends date for filing of WHT statements for May

FBR extends date for filing of WHT statements for May

Federal Board of Revenue (FBR) has extended date for filing of withholding tax statements for May 2018. The FBR has also extended the date of payment of sales tax and federal excise duty up to 20.6.2018 and the due date of submission of sales and federal
Published 15 Jun, 2018 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 15 Jun, 2018 12:00am
FBR extends date for filing of WHT statements for May

FBR extends date for filing of WHT statements for May

Federal Board of Revenue (FBR) has extended date for filing of withholding tax statements for May 2018. The FBR has also extended the date of payment of sales tax and federal excise duty up to 20.6.2018 and the due date of submission of sales and federal
Published 15 Jun, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (June 14, 2018).

Published 15 Jun, 2018 12:00am
FBR extends date for filing of WHT statements for May

FBR extends date for filing of WHT statements for May

Federal Board of Revenue (FBR) has extended date for filing of withholding tax statements for May 2018. The FBR has also extended the date of payment of sales tax and federal excise duty up to 20.6.2018 and the due date of submission of sales and federal
Published 15 Jun, 2018 12:00am
The Weather

The Weather

The weather report on Thursday (June 14, 2018) and the forecast for Friday (June 15, 2018).

Published 15 Jun, 2018 12:00am
Eid-ul-Fitr in GCC states today

Eid-ul-Fitr in GCC states today

Muslims in the Gulf's Arab countries and Iran celebrating Eid-ul-Fitr (Friday) today as the Eid moon was sighted in these countries on Thursday. The moon sighting committee of the Ministry of Awqaf and Islamic Affairs has announced that Friday, June 15, 2
Published 15 Jun, 2018 12:00am
Eid-ul-Fitr in GCC states today

Eid-ul-Fitr in GCC states today

Muslims in the Gulf's Arab countries and Iran celebrating Eid-ul-Fitr (Friday) today as the Eid moon was sighted in these countries on Thursday. The moon sighting committee of the Ministry of Awqaf and Islamic Affairs has announced that Friday, June 15, 2
Published 15 Jun, 2018 12:00am
Veteran journalist killed in IHK

Veteran journalist killed in IHK

Unknown gunmen shot a veteran journalist and his police bodyguard dead on Thursday in the main city of violence-plagued held Kashmir, police and witnesses said. Shujaat Bukhari, editor of an English language daily Rising Kashmir, had just entered his vehi
Published 15 Jun, 2018 12:00am
Veteran journalist killed in IHK

Veteran journalist killed in IHK

Unknown gunmen shot a veteran journalist and his police bodyguard dead on Thursday in the main city of violence-plagued held Kashmir, police and witnesses said. Shujaat Bukhari, editor of an English language daily Rising Kashmir, had just entered his vehi
Published 15 Jun, 2018 12:00am
Shamshad assures full support to private sector

Shamshad assures full support to private sector

Federal Minister for Finance and Economic Affairs, Dr Shamshad Akhtar on Thursday held meetings with representatives of Pakistan Business Council and Overseas Chamber of Commerce and Industry, CEO of Engro Group and top management of National Bank of Paki
Published 15 Jun, 2018 12:00am
Shamshad assures full support to private sector

Shamshad assures full support to private sector

Federal Minister for Finance and Economic Affairs, Dr Shamshad Akhtar on Thursday held meetings with representatives of Pakistan Business Council and Overseas Chamber of Commerce and Industry, CEO of Engro Group and top management of National Bank of Paki
Published 15 Jun, 2018 12:00am
Shamshad assures full support to private sector

Shamshad assures full support to private sector

Federal Minister for Finance and Economic Affairs, Dr Shamshad Akhtar on Thursday held meetings with representatives of Pakistan Business Council and Overseas Chamber of Commerce and Industry, CEO of Engro Group and top management of National Bank of Paki
Published 15 Jun, 2018 12:00am
Terms for direct dispatch of shipping documents relaxed

Terms for direct dispatch of shipping documents relaxed

In order to facilitate the exporters, the terms and conditions for direct dispatch of shipping documents by the exporters to their buyers abrooad have been further relaxed According to the State Bank of Pakistan (SBP), instructions regarding making and di
Published 15 Jun, 2018 12:00am
Terms for direct dispatch of shipping documents relaxed

Terms for direct dispatch of shipping documents relaxed

In order to facilitate the exporters, the terms and conditions for direct dispatch of shipping documents by the exporters to their buyers abrooad have been further relaxed According to the State Bank of Pakistan (SBP), instructions regarding making and di
Published 15 Jun, 2018 12:00am
Terms for direct dispatch of shipping documents relaxed

Terms for direct dispatch of shipping documents relaxed

In order to facilitate the exporters, the terms and conditions for direct dispatch of shipping documents by the exporters to their buyers abrooad have been further relaxed According to the State Bank of Pakistan (SBP), instructions regarding making and di
Published 15 Jun, 2018 12:00am
US SC hands Trump win in China antitrust case

US SC hands Trump win in China antitrust case

The US Supreme Court sided with the Trump administration and against China on Thursday on a disputed aspect of their fraught trade relationship, throwing out a lower court ruling that had allowed two Chinese vitamin C makers to escape $148 million in dama
Published 15 Jun, 2018 12:00am
Britain eases visa rules

Britain eases visa rules

Britain said Thursday it is easing visa rules to address a shortage of doctors and also encourage tech entrepreneurs as it prepares a new post-EU immigration system, an issue that drove the Brexit vote. Prime Minister Theresa May's government said doctors
Published 15 Jun, 2018 12:00am
Britain eases visa rules

Britain eases visa rules

Britain said Thursday it is easing visa rules to address a shortage of doctors and also encourage tech entrepreneurs as it prepares a new post-EU immigration system, an issue that drove the Brexit vote. Prime Minister Theresa May's government said doctors
Published 15 Jun, 2018 12:00am
Ministry challenges Punjab's cotton output estimates
Cotton

Ministry challenges Punjab's cotton output estimates

Ministry of National Food Security and Research has challenged Punjab's cotton output estimates by pointing out that as the province faced 48 percent water deficiency, how could it possibly have achieved 10 percent increase in sowing compared to last seas
Published 15 Jun, 2018 12:00am
Ministry challenges Punjab's cotton output estimates
Cotton

Ministry challenges Punjab's cotton output estimates

Ministry of National Food Security and Research has challenged Punjab's cotton output estimates by pointing out that as the province faced 48 percent water deficiency, how could it possibly have achieved 10 percent increase in sowing compared to last seas
Published 15 Jun, 2018 12:00am
Ministry challenges Punjab''s cotton output estimates
Cotton

Ministry challenges Punjab''s cotton output estimates

Ministry of National Food Security and Research has challenged Punjab''s cotton output estimates by pointing out that as the province faced 48 percent water deficiency, how could it possibly have achieved 10 percent increase in sowing compared to last sea
Published 15 Jun, 2018 12:00am
Bajwa's hope

Bajwa's hope

CoAS General Qamar Javed Bajwa led a high powered military-civil delegation to Kabul on the first day of the temporary ceasefire announced by the Afghan government and Taliban. According to an ISPR statement after the day-long visit was over, General Bajw
Published 15 Jun, 2018 12:00am
MQM-P's prospects

MQM-P's prospects

Although it is not clear yet whether or not Dr Farooq Sattar will join hands with MQM's Bahadurabad faction, it is crystal clear that the party would not be entering the 2018 election fray in a manner that has been its traditional hallmark since its emerg
Published 15 Jun, 2018 12:00am
Debtocracy & enslavement
Currency

Debtocracy & enslavement

All indicators show that our economic managers, due to imprudent economic and tax policies, have pushed Pakistan into chronic, unremitting, unceasing debt-enslavement. Debtocracy, a term yet to become part of public discourse, is not merely an economic is
Published 15 Jun, 2018 12:00am
Justice delayed, justice denied

Justice delayed, justice denied

When former PM Shahid Khaqan Abbasi announced July 25 as the Election Day 2018, the mystery was why (1) he gave only 60 days instead of the 90 days that he could and (2) why he did not pay heed to the extremely hot weather of June and July which would not
Published 15 Jun, 2018 12:00am
Slackers, stores and sightseers score with World Cup

Slackers, stores and sightseers score with World Cup

Purveyors of TVs, tourism and takeaway meals are banking on a World Cup bonanza while bosses strive to avert a four-yearly wave of worker absenteeism. As football's flagship tournament kicks off in Russia, businesses around the world are looking either to
Published 15 Jun, 2018 12:00am
Nawaz's approach to corruption references

Nawaz's approach to corruption references

This is apropos a Business Recorder news item, "Nawaz asks whether CJ wants him convicted" carried by the newspaper on Wednesday. Former prime minister Nawaz Sharif has been quoted telling an accountability court judge that if the Chief Justice wan
Published 15 Jun, 2018 12:00am
KP interim CM vows to ensure free and fair election

KP interim CM vows to ensure free and fair election

Caretaker Chief Minister Khyber Pakhtunkhwa former Justice Dost Muhammad has assured the provision and utilization of all available resources for the peaceful conduct of elections in the province. "The transparent, timely and peaceful holding of elections
Published 15 Jun, 2018 12:00am
Sherpao slams PTI for failed policies in KP

Sherpao slams PTI for failed policies in KP

Chairman Qaumi Watan Party Aftab Ahmad Khan Sherpao has called upon all the political parties to play their due role on the holding of general elections in a transparent way. He said that the transition of the political power is good omen for the country.
Published 15 Jun, 2018 12:00am
Bukhari moves IHC against placement of his name on ECL

Bukhari moves IHC against placement of his name on ECL

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan's close aide Syed Zulfikar Abbas Bukhari on Thursday moved the Islamabad High Court (IHC) against his name being placed on blacklist. Bukhari moved the IHC hours after returning to the country. Justice Aa
Published 15 Jun, 2018 12:00am
Tahir assumes charge as KP IGP

Tahir assumes charge as KP IGP

Muhammad Tahir has assumed charge as Inspector General of Police (IGP) Khyber Pakhtunkhwa in an informal ceremony held at Central Police Office Peshawar here Thursday. On arrival to the police headquarters he was received by DIG Operations. A smart contin
Published 15 Jun, 2018 12:00am
Water pressures rise as drought meets a growing population
Cotton

Water pressures rise as drought meets a growing population

Country's water crisis has become increasingly visible in recent months: levels in the largest dams are low; parched irrigation canals mean farmers in the south planted less cotton; and the commercial capital Karachi has long queues at hydrants.
Published 15 Jun, 2018 12:00am
KP caretaker cabinet's swearing-in ceremony held

KP caretaker cabinet's swearing-in ceremony held

Ten-member KP caretaker cabinet was administered oath by Khyber Pakhtunkhwa Governor Engr Iqbal Zafar Jhagra at a simple but impressive ceremony held at Governor's House, here on Thursday. The swearing-in ceremony was attended by officials of the provinci
Published 15 Jun, 2018 12:00am
PTI announces names of candidates for Sindh

PTI announces names of candidates for Sindh

Pakistan Tehreek-e-Insaf (PTI) parliamentary board on Thursday officially announced party candidates for Sindh province to contest the upcoming general election. The PTI parliamentary board met here under the chairmanship of party Chairman Imran Khan to d
Published 15 Jun, 2018 12:00am
Pakistan rejects Indian protest against AJK Interim Constitution

Pakistan rejects Indian protest against AJK Interim Constitution

Pakistan on Thursday rejected Indian protest against Azad Jammu and Kashmir Interim Constitution (13th Amendment) Act 2018 and its baseless claim over occupied Jammu and Kashmir as an 'integral part.' "The government of Pakistan categorically rejects Indi
Published 15 Jun, 2018 12:00am
Alleged killer of Sikh leader arrested

Alleged killer of Sikh leader arrested

The Khyber Pakhtunkhwa Counter Terrorism Department (CTD) on Thursday said it had arrested the alleged murderer of prominent Sikh social activist Charanjit Singh in Peshawar. The development came a day after the caretaker chief minister, former Justice Do
Published 15 Jun, 2018 12:00am
Promotion of SME finance: banks advised to prepare action plan

Promotion of SME finance: banks advised to prepare action plan

The State Bank of Pakistan (SBP) has advised banks to prepare an action plan for next 3 months (July-Sept, 2018) to achieve concrete results under "Policy for promotion of SME finance". Policy for Promotion of SME Finance was launched by Prime Minister of
Published 15 Jun, 2018 12:00am
Faryal Talpur's nomination papers challenged

Faryal Talpur's nomination papers challenged

PPP Women's Wing President Faryal Talpur's nomination papers to contest the elections from PS-11 Ratodero, Larkana were challenged on Thursday. Objections were raised by two voters of the constituency - Wahab Bhutto and Qadir Baksh. They claimed that Talp
Published 15 Jun, 2018 12:00am
PBIF optimistic about record business activities in Karachi

PBIF optimistic about record business activities in Karachi

President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has said with restoring peace in Karachi the trade and industry in the city has improved and people's trust on authorities have restored; there will be record business activ
Published 15 Jun, 2018 12:00am
NAB to seek remand of ex-DG KDA, two others today

NAB to seek remand of ex-DG KDA, two others today

NAB authorities took Ex-DG KDA Nasir Abbas from Central Prison into custody and arrested his two alleged accomplices Javed Ahmed alias Javed Kancha and Raza Qazalbash from their houses on charges of fake public auction and kickbacks.
Published 15 Jun, 2018 12:00am
Rangers being deployed around Indus to stop water theft

Rangers being deployed around Indus to stop water theft

Sindh caretaker Chief Minister Fazul-ur-Rehman has decided to deploy Pakistan Rangers at different canals, distributaries and channels to stop water theft so that water could be provided at the tail-end. He made this decision, presiding over a meeting of
Published 15 Jun, 2018 12:00am
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