Infinix Mobility - originating from France is one of the fastest growing global leaders of trendy smartphone manufacturing, launched Infinix Zero2 in Pakistan here on Tuesday. The state-of-the-art device was designed in Paris and Shanghai, Zero2 will be a

The Federal Board of Revenue (FBR) has introduced new mobile SMS service "9966" for verification of taxpayers' status on Active Taxpayers List for determining filer/non-filer. In this regard, the FBR has written a letter to the Director General Post Offic

The Federal Board of Revenue (FBR) has decided to launch Withholding Tax Module of "Iris" for which training and education of withholding agents would be done by Directorate General (Withholding Taxes) and IT Wing. According to the FBR's instructions issu

Controller of Annual Examination University of Sindh Ghulam Murtaza Siyal has informed that the annual exams of MA/MSc/MCom (Previous & Final) Post Graduate, 2014 have been postponed due to monsoon rains in the province. According to a press release issue

Mobilink provide six state-of-the-art Information and Communication Technology (ICT) labs to schools to support education across the country. This social investment project is being carried out by Mobilink in collaboration with Pakistan Centre for Philant

Sindh Agriculture University, Tandojam, has signed a Memorandum of Understandings (MoUs) with four Research Institutes of Chinese Academy of Agricultural Sciences (CAAS), Beijing, China for bilateral and multilateral co-operation and collaboration in orde

The Securities and Exchange Commission of Pakistan (SECP) has issued Research Analyst Regulations 2015, under the newly promulgated Securities Act 2015. These regulations have been framed to regulate the area of investment recommendation/research analysis

Pakistan and Belarus will sign three agreements related to agriculture machinery, promotion of biotechnology and betterment of livestock sector for strengthening agricultural co-operation between the two countries. The pacts to be signed during the upcomi

The business community of Southern Punjab has hailed the decision of Judicial Commission which has stamped bona fide of general elections 2013 and will certainly give strength to the democratically elected government to work with a renewed commitment and

The provision of basic amenities including gas is imperative for rapid colonisation of M-3 Industrial Estate and in this connection collaborated efforts would be made on top priority basis. This was stated by Main Muhammad Adrees chairman Faisalabad Indus

More than fifty trade bodies of Industrial city have announced to join the shutter down strike on August 1 and announced that all cloth markets and all business and trade Centres would be closed as a mark of protest against wide scale taxation in the coun

A murder convict was executed in Multan Central Jail on Tuesday. Murder convict Muhammad Akhtar, r/o Sarai Sadhu (Khanewal), had killed a person Saeed Ahmad in 1999 and an FIR was registered with Sarai Sadhu police station. Akhtar was shifted to Multan Ja

With the theme "prevent hepatitis, act now", the city witnessed the World Hepatitis Day-2015 on Tuesday with a renewed pledge to continue efforts to contain the spread. To mark the day, organisations held seminars, scientific sessions, symposiums, walks a

The Human Rights Commission of Pakistan (HRCP) has called for greater transparency and due process in the Rangers operation in Karachi and expressed concern over actions that can undermine citizens right to criticise and question actions of state institut

The Lahore Restaurants Association (LRA) has urged the Punjab government to intervene and stop activities of the Punjab Food Authority immediately, following the raids on restaurants in the provincial metropolis and fining or sealing food outlets on vario

The Lahore Chamber of Commerce and Industry (LCCI) has demanded of the Federal Board of Revenue (FBR) to expedite the stuck-up sales tax and income tax refund claims of the export-oriented sectors. The LCCI Vice President Syed Mahmood Ghaznavi in a statem

Punjab Chief Minister Shahbaz Sharif visited the flood-hit areas of Layyah district on Tuesday to assess the flood situation and the relief activities carried out in the district. He was briefed about the flood situation, rescue and relief activities and

The office-bearers of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) have congratulated the FPCCI President Mian Muhammad Idrees on his appointment as Chairman of Faisalabad Industrial Estate Development and Management Authority. The FPCC

The Punjab chief relief commissioner has said up to 9,100 tents have been distributed among those affected by floods in seven districts of the province so far. Commissioner Nadeem Ashraf claimed on Tuesday that food and other necessary items were being pr

The Punjab government on Tuesday decided to declare sale and manufacturing of fake medicines a non-bailable crime while number of task forces has been increased to four. The number of task forces participating in crackdown against bogus factories has been

District government has closed Gilgit main road due to land sliding whereas the breakage of two bridges in Rando has caused as many as 500 families stranded. As per details, glaciers' melting has also worsened the flood, creating fear among the locals. Th

Senate Standing Committee on Defence Production on Tuesday called upon the government to impose ban import of defence equipments, both used in combatant and non-combatant environments with a view to promote the local defence production industry. The sugge

The Airport Security Force (ASF) personnel on Tuesday foiled a bid to smuggle heroin to Bahrain by arresting a smuggler at Benazir Bhutto International Airport Islamabad. According to ASF sources, a passenger named Qabil Khan was going onboard on a privat

Islamabad High Court (IHC) on Tuesday directed the Capital Development Authority (CDA) to compensate affectees of sector H-16, and I-17 by Wednesday (today). Justice Shaukat Aziz Siddiqui directed the CDA to submit the compensation amount in form of chequ

A small coal power plant at Moza Khaira and Sultan Pura near BRB Canal has been scrapped. A law officer told the court on Tuesday that identical petitions filed by individuals and the Lahore Press Club had challenged the construction because of health haz

Country Head of WHO in Pakistan Dr Michel J Theiren on Tuesday appreciated the efforts of the Punjab government saying health indicators of Punjab are seen as 'very encouraging by international development partners.'"Though the population of Punjab is hal

Mian Manzoor Ahmed Wattoo, President PPP Punjab, has demanded of the Punjab government to defer the Lahore Metro Train Project indefinitely and instead spend Rs 165 billion on building dams' network in Punjab to conserve rain waters so critical for the fu

Federal Minister for Climate Change Mushahidullah Khan emphasised the importance of forests in preserving the environment while inaugurated the horticulture plan of Frontier Work Organisation on Motorway 2. "The FWO has laid the foundation of work which i

A police constable, Haseeb Ahmad, was killed while 3 policemen, Shoaib, Zeeshan and Mustafa were seriously wounded when four alleged terrorists riding in a Toyota Corolla car No 2031 opened fire near a hotel located in main Peoples Colony behind Technical

Pakistan Tuesday received inflows over $336 million on account of Coalition Support Fund (CSF). State Bank of Pakistan's spokesman confirmed that an amount of $336.864 million has arrived in SBP account from US under CSF payment. This is the first inflows

The Federal Board of Revenue (FBR) has allowed banks to deposit withholding tax being deducted/collected up to July 19, 2015 on banking transactions of non-filers by July 31, 2015 under Section 236p of the Income Tax Ordinance. The FBR has issued SRO 498(

The Securities and Exchange Commission of Pakistan (SECP) has directed all Asset Management Companies (AMCs) to ensure complete disclosures along with requisite documents while offering Collective Investment Scheme (CIS). In this regard, the SECP has issu

Accountability Court (AC) Hyderabad convicted Ghulam Mustafa Mallah in a banking case on Tuesday. According to a press release issued here, he was an employee of UBL, Khipro Branch, District Shanghar. The accused had embezzled and misappropriated bank acc

-Federal Minister for Finance Ishaq Dar has said that work is under way on various power projects to add 10,603 MW of electricity to the national grid by the end of 2017. "The government is working on many on-going power projects of 14000 MW which are at

That rains and flash floods have wreaked havoc in various parts of the country is a grim reality as these have claimed a number of lives and massive damage to properties and infrastructure. Chitral appears to be the worst-hit area so far. Both federal and

Judging by the applause at the African Union headquarters, Barack Obama hit a chord when he took aim at the continent's 'Big Men', telling them they should quit when their time was up - especially since most have the cash to retire comfortably. In joining

Army Chief General Raheel Sharif, on his visit last week to Panjgur and Turbat for inspecting the road network being built by the Frontier Works Organisation (FWO), categorically stated that army was ready to pay any cost for making the Economic Corridor

Pakistan's economy is passing through the most difficult and challenging phase of its economic history. The landscape of its economy has changed dramatically since 2007-08. Seven years of managing the economy with weak and frivolous economic team have not

Two developments in the realm of Pakistan-India relations grab the attention of people of the sub-continent in particular and the world at large in general: the attack in Indian Punjab's Gurdaspur district that left 10 people dead, and video clips retriev

Giving fiscal incentives to develop a certain geographical under-developed area or attract investment in a desired sector have been a time-honoured tool. A five-year holiday or exemption from income tax as well as customs duty on imported machinery have b

Benchmark cotton futures on ICE rose the most in two weeks on Tuesday after a drop to more than three-month lows triggered physical demand, resulting in short-covering by speculators. "With a lack of selling pressure on the physical side, the path of leas

Shanghai Futures Exchange copper trimmed early losses to trade down 0.3 percent at 38,330 yuan ($6,174) a tonne on Tuesday as China pledged to halt a stockmarket rout that has unnerved investors and undermined demand prospects for metals. China's top econ

Copper prices rose on Tuesday, but the market remained nervous over the latest convulsions in Chinese equities and the possible ramifications for demand from the world's top metals consumer. Chinese shares fell as Beijing scrambled once again to prop up a

Cash Dubai and DME Oman hit the highest levels this month on Wednesday in the Middle East crude market even as physical trade slowed. Cash Dubai and DME Oman both rose to about $1 above Dubai swaps. There were only four Dubai partials deals on window betw

• Oil prices steadied on Tuesday, recovering from near six-month lows, with US crude rising more than 1 percent as bets for a drop in US crude stockpiles offset worries about a global supply glut and equity market meltdown in China. The market also saw sh

Benchmark Tokyo rubber futures dropped to a nearly three-week low on Tuesday, extending losses into a third straight session, on worries about volatile Chinese equity markets while slowing demand in China, the world's top buyer of the soft commodity, also

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Tuesday's Rotterdam vegetable oil prices at 1600 GMT.

Chicago Board of Trade corn and soyabean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the US Midwest sparked a round of long liquidation by speculators, traders said. Wheat futures also fe

Malaysian palm oil futures fell on Tuesday for a fifth straight session to their lowest in three months, reflecting weakness in competing markets and declines in commodities globally, although a weak ringgit provided some support. By the close, benchmark

Arabica coffee futures on ICE flirted with a 1-1/2-year low in choppy dealings on Tuesday, buoyed earlier by short-covering but pressured by the tumbling currency in top grower Brazil, while robustas tapped a two-month low. Raw sugar nudged down in thin d

Gold lost ground on Monday, moving closer to last week's 5-1/2-year lows below $1,100 per ounce, with expectations for a near-term US interest rate hike seen keeping momentum firmly with the bears. While the market has been fixated on US monetary policy,

Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates. The Federal Reserve begins a two-day meeting later in the day where polic

Gold firmed on Tuesday but remained near 5-1/2-year lows as markets braced for this week's Federal Reserve meeting, at which policymakers are expected to give further clues on the timing of a US rate increase. The Fed suggested earlier this year that a ne

Chicago soyabean, wheat and corn futures bounced early on Tuesday, rising on bargain-buying and short-covering after setting recent lows. Nearby soyabeans fell for three straight sessions through Monday, shedding nearly 6 percent as weather improved for c

Gold firmed early on Tuesday but remained near 5-1/2-year lows as markets braced for this week's Federal Reserve meeting, at which policymakers are expected to give further clues on the timing of a US rate increase. The Fed suggested earlier this year tha

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for

Senate Standing Committee on Finance has deferred approval of a bill designed to amend the Stock Exchanges Demutualization Act 2012 for extension in restriction period for issuance of the Trading Right Entitlement (TRE) certificates by stock exchanges for

Taliban fighters have gained ground in two provinces in northern Afghanistan, overrunning a district centre in Sar-e-Pol and seizing villages in Kunduz, local officials there said on Tuesday. Earlier this week, they made a successful push towards a strate

Taliban fighters have gained ground in two provinces in northern Afghanistan, overrunning a district centre in Sar-e-Pol and seizing villages in Kunduz, local officials there said on Tuesday. Earlier this week, they made a successful push towards a strate

General Raheel Sharif, Chief of Army Staff, who is on an official visit to Italy, on Tuesday visited Italy's Army Headquarters. The CoAS was presented guard of honour by a smartly turned out contingent of Italian Army. The CoAS met Lieutenant General Dani

General Raheel Sharif, Chief of Army Staff, who is on an official visit to Italy, on Tuesday visited Italy's Army Headquarters. The CoAS was presented guard of honour by a smartly turned out contingent of Italian Army. The CoAS met Lieutenant General Dani

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe

Taking a serious notice of past practice of Ministry of Communication for making payments over and above the cost approved in PC-Is of certain projects without the prior approval of competent authorities, Public Accounts Committee (PAC) on Tuesday directe

The Election Commission of Pakistan (ECP) on Tuesday deferred the schedule of local bodies election of Punjab and Sindh owing to the deadly floods. The ECP said that the new dates will be announced after the next hearing of the Supreme Court. According to

The Election Commission of Pakistan (ECP) on Tuesday deferred the schedule of local bodies election of Punjab and Sindh owing to the deadly floods. The ECP said that the new dates will be announced after the next hearing of the Supreme Court. According to

Indian Punjab Chief Minister Parkash Singh Badal called off a meeting with Pakistan High Commissioner Abdul Basit a day after a gun battle in Gurdaspur that left 10 people dead. The meeting between Badal and Basit was to be held on July 29 in Chandigarh.

The weather report on Tuesday (July 28, 2015) and the forecast for Wednesday (July 29, 2015).

Indian Punjab Chief Minister Parkash Singh Badal called off a meeting with Pakistan High Commissioner Abdul Basit a day after a gun battle in Gurdaspur that left 10 people dead. The meeting between Badal and Basit was to be held on July 29 in Chandigarh.

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 28, 2015).

State Bank of Pakistan (SBP) has directed the banks and Microfinance Banks that recoveries under Credit Guarantee Scheme (CGS) for Small and Rural Enterprises may be reimbursed to SBP Banking Services Corporation BSC within 10 days. Earlier, banks and Mic

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (July 28, 2015).

State Bank of Pakistan (SBP) has directed the banks and Microfinance Banks that recoveries under Credit Guarantee Scheme (CGS) for Small and Rural Enterprises may be reimbursed to SBP Banking Services Corporation BSC within 10 days. Earlier, banks and Mic

The following were Monday official prices.

State Bank of Pakistan (SBP) has directed the banks and Microfinance Banks that recoveries under Credit Guarantee Scheme (CGS) for Small and Rural Enterprises may be reimbursed to SBP Banking Services Corporation BSC within 10 days. Earlier, banks and Mic

The following were Monday official prices.

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.64 points as the ISE Ten Index moved from 3,354.43 to 3,349.79 p

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (July 28, 2015).

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 4.64 points as the ISE Ten Index moved from 3,354.43 to 3,349.79 p

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (July 28, 2015)

Equities on Tuesday staged recovery on the Lahore Stock Exchange (LSE) and registered gains amid descending transaction volume on account of cautious approach on the part of investors. The LSE-25 index gained 34.69 points to 6176.73 against 6142.04 of Mon

Paper market rates in rupees on Tuesday (July 28, 2015).

Equities on Tuesday staged recovery on the Lahore Stock Exchange (LSE) and registered gains amid descending transaction volume on account of cautious approach on the part of investors. The LSE-25 index gained 34.69 points to 6176.73 against 6142.04 of Mon

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (July 28, 2015).

The Islamabad High Court (IHC) on Tuesday issued stay order against new surcharges on industrial consumers against a petition pertaining to the levy of surcharges in electricity bills. The Court directed the Islamabad Electric Supply Company (IESCO) to is

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 28, 2015).

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (July 28, 2015).

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to

Interbank closing rates for dollar on Tuesday (July 28, 2015).

The National Accountability Bureau (NAB) on Tuesday submitted an additional list to the Supreme Court pertaining to 29 mega corruption cases of three categories - financial, land grabbing and misutilization of powers - worth Rs 480 billion. In addition to

Dollar buying and selling rate in the kerb market in rupees on Tuesday (July 28, 2015).

The Federal Board of Revenue (FBR) has constituted three committees i.e. "Communication Committee", "Income Tax Committee", and "Sales Tax Committee" to facilitate business community to become filers and resolve their issues of income and sales taxes. A s

The rupee managed to sustain its levels against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee depicted no changes against the dollar for buying and selling at Rs 101.83 and Rs 101.84, they said.

The Federal Board of Revenue (FBR) has constituted three committees i.e. "Communication Committee", "Income Tax Committee", and "Sales Tax Committee" to facilitate business community to become filers and resolve their issues of income and sales taxes. A s

The rupee managed to sustain its levels against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee depicted no changes against the dollar for buying and selling at Rs 101.83 and Rs 101.84, they said.