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Print - 2015-10-10
UVAS, PPA observe World Egg Day

UVAS, PPA observe World Egg Day

Department of Poultry Production of University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with the Pakistan Poultry Association (PPA) observed "World Egg Day" and organised various activities seminar, walk, egg model making contest,
Published 10 Oct, 2015 12:00am
Baldia factory fire: 'Extortion group' behind arson: JIT

Baldia factory fire: 'Extortion group' behind arson: JIT

A report by a Joint Investigation Team (JIT) has revealed that an extortion group was behind the arson attack that led to the country's deadliest factory fire claiming 259 lives. The JIT investigating the 2012 factory fire in Karachi's Baldia Town has pre
Published 10 Oct, 2015 12:00am
Imran steps up criticism of Sharif family

Imran steps up criticism of Sharif family

Pakistan Thereek-e-Insaf Chairman Imran Khan on Friday challenged Pakistan Muslim League-Nawaz (PML-N) chief and Prime Minister of Pakistan Nawaz Sharif to face him in public. He was addressing a public meeting on last day of campaigning for NA-122 by-ele
Published 10 Oct, 2015 12:00am
NA 122 by-polls: Sherry urges PPP workers to make strong presence

NA 122 by-polls: Sherry urges PPP workers to make strong presence

The Vice President of Pakistan Peoples' Party Senator Sherry Rehman has urged the party workers to come out of homes and vote for the PPP candidates in NA 122 by-polls. "Jiyalas should come out or homes," she urged in the party's public meeting at the mai
Published 10 Oct, 2015 12:00am
Punjab setting up 1180 megawatts power plant from own resources: Shahbaz

Punjab setting up 1180 megawatts power plant from own resources: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that Punjab government is setting up 1180 megawatt gas based Bhikki power plant in Sheikhupura from its own resources that will supply electricity to the entire country and help eliminate energy crisi
Published 10 Oct, 2015 12:00am
Banking transactions of non-filers: proposal on WHT rate cut under study

Banking transactions of non-filers: proposal on WHT rate cut under study

A proposal of traders' community is under examination to reduce the rate of withholding tax on banking transactions of non-filers to 0.2 percent with enhancement in the threshold from Rs 50,000 to Rs 100,000 till December 31, 2015 and any final decision w
Published 10 Oct, 2015 12:00am
AC grants six-day remand of accused Zahoor Wattoo

AC grants six-day remand of accused Zahoor Wattoo

The Accountability Court, Lahore has granted six days remand of the accused Zahoor Ahmad Wattoo of Formanites Housing Scheme, Lahore who was arrested by NAB Lahore in a case of worth Rs 1.5 billion on the allegations of cheating public at large as more th
Published 10 Oct, 2015 12:00am
KP elects four LB representatives as members PFC

KP elects four LB representatives as members PFC

Election of Nazims as members of the Provincial Finance Commission (PFC) was held on Friday at District Council Hall Peshawar wherein Secretary LG&RD Syed Jamaluddin Shah conducted it as Returning Officer while Senior Minister LG&RD Inayatullah Khan super
Published 10 Oct, 2015 12:00am
KP elects four LB representatives as members PFC

KP elects four LB representatives as members PFC

Election of Nazims as members of the Provincial Finance Commission (PFC) was held on Friday at District Council Hall Peshawar wherein Secretary LG&RD Syed Jamaluddin Shah conducted it as Returning Officer while Senior Minister LG&RD Inayatullah Khan super
Published 10 Oct, 2015 12:00am
Quality engineering education: HEC, PEC to enhance collaboration

Quality engineering education: HEC, PEC to enhance collaboration

The Higher Education Commission (HEC) and Pakistan Engineering Council (PEC) will enhance collaboration for ensuring quality of engineering education in the country, and to further streamline accreditation process of the engineering degrees. Both HEC and
Published 10 Oct, 2015 12:00am
Interest-free loans to SMEs: SMEDA KP proposes revolving fund

Interest-free loans to SMEs: SMEDA KP proposes revolving fund

Small and Medium Enterprise Development Authority (SMEDA) proposed the establishment of revolving fund for provision of interest-free loans to the SMEs of Peshawar. The proposal was floated during a meeting with Peshawar Chamber of Small Traders and Indus
Published 10 Oct, 2015 12:00am
Gold import skyrockets 220.70 percent

Gold import skyrockets 220.70 percent

The country's gold import skyrocketed by 220.70 percent in July-August 2015 to $4.368 million, official statistics say. The gold import is higher by $3.006 million in July-August 2015-16 from $1.362 million in July-August 2014-15, according to Pakistan Bu
Published 10 Oct, 2015 12:00am
'Terrorist' killed in Mardan

'Terrorist' killed in Mardan

A most wanted terrorist with two million rupees head bounty was killed in exchange of fire with police here on Friday. According to details, wanted terrorist identified as Farooq Alam and having head bounty of two million rupees was killed in the fire exc
Published 10 Oct, 2015 12:00am
PQGTL-NMAP collaboration: Move aims to promote Takaful products

PQGTL-NMAP collaboration: Move aims to promote Takaful products

Pak-Qatar General Takaful Limited (PQGTL) and NBFI & Modaraba Association of Pakistan (NMAP) have collaborated with each other to promote Takaful products in Pakistan. Chief Executive of Pak-Qatar General Takaful Limited Javed Muslim said here on Friday t
Published 10 Oct, 2015 12:00am
PQGTL-NMAP collaboration: Move aims to promote Takaful products

PQGTL-NMAP collaboration: Move aims to promote Takaful products

Pak-Qatar General Takaful Limited (PQGTL) and NBFI & Modaraba Association of Pakistan (NMAP) have collaborated with each other to promote Takaful products in Pakistan. Chief Executive of Pak-Qatar General Takaful Limited Javed Muslim said here on Friday t
Published 10 Oct, 2015 12:00am
Mobile health units success story: minister

Mobile health units success story: minister

The health advisor has claimed that the experience of mobile health units providing treatment at the door-step has been successful in the province's six far-flung districts. Advisor Khawaja Salman Rafique said on Friday, "The performance of these health u
Published 10 Oct, 2015 12:00am
13th day: 62 PIA flights bring back over 19,600 Hajjis

13th day: 62 PIA flights bring back over 19,600 Hajjis

PIA Post Hajj operation is continuing with on time departures of flights from Saudi Arabia and has operated 62 flights bringing back more than 19,600 Hajjis to Pakistan on the 13th day of Post-Hajj operation. PIA has carried 4,443 Hajjis to Karachi throug
Published 10 Oct, 2015 12:00am
Minister vows to help build ICCBS' hostel for girl students

Minister vows to help build ICCBS' hostel for girl students

Sindh Minister for Finance Murad Ali Shah said here on Friday that the provincial government would extend its full support to Karachi University's International Centre for Chemical and Biological Sciences (ICCBS) in setting up of a hostel for its female P
Published 10 Oct, 2015 12:00am
ZIC Oil Hi-Tech Lubricants introduces new user-friendly packaging

ZIC Oil Hi-Tech Lubricants introduces new user-friendly packaging

Hi-Tech Lubricants, soon to be a publicly listed company, has introduced new user friendly and ergonomically attractive packaging for its leading machine lubricants brand-ZIC Oil, along with the introduction of new and simplified brand classification. The
Published 10 Oct, 2015 12:00am
Import of RON 92 Premium Motor Gasoline under study

Import of RON 92 Premium Motor Gasoline under study

The Ministry of Petroleum is considering allowing import of RON 92 Premium Motor Gasoline (PMG) which as compared with current RON 87 PMG (petrol) is more refined and environment-friendly. According to a summary of the Petroleum Ministry forwarded to the
Published 10 Oct, 2015 12:00am
Water security issues discussed

Water security issues discussed

On the directive of the Prime Minister of Pakistan, a consultative session of water-sector stakeholders was organised by the Pakistan Water and Power Development Authority (Wapda) the Thursday at Islamabad to discuss the issues relating to water security.
Published 10 Oct, 2015 12:00am
Lawyer shot dead in Buner

Lawyer shot dead in Buner

Unidentified armed men gunned down a senior lawyer here on Friday and escaped the scene after committing the crime. Police said that in Pai Chinna area of Buner, unknown armed miscreants' sprayed bullets at senior lawyer Dost Muhammad Khan while he was he
Published 10 Oct, 2015 12:00am
ICI Pakistan holds corporate briefing at KSE

ICI Pakistan holds corporate briefing at KSE

ICI Pakistan Limited held an informative corporate briefing for investors, analysts and the media at the Karachi Stock Exchange. Muhammad Abid Ganatra (Chief Financial Officer, ICI Pakistan Ltd) gave a presentation to the packed auditorium, in which he de
Published 10 Oct, 2015 12:00am
NBP in process to fetch more remittance tie-ups, services

NBP in process to fetch more remittance tie-ups, services

National Bank of Pakistan Remittance Group performing a pivotal role in boosting remittances of Pakistan by adding more and more remittance tie-ups. NBP Remittance Group recently added number of international and eminent tie-ups on its network and has als
Published 10 Oct, 2015 12:00am
Dengue patient dies in Rawalpindi

Dengue patient dies in Rawalpindi

Another Dengue patient died in Benazir Hospital here on Friday. According to details, a woman Sofia was undergoing treatment after Dengue virus was confirmed. Her condition deteriorated and she expired on Friday. According to reports, more than 1100 dengu
Published 10 Oct, 2015 12:00am
Fire destroys train's bogie

Fire destroys train's bogie

A train's bogie was reduced to ashes here at Karachi Cantonment Station on Friday; however no loss of life was reported. According to sources, one of the coaches parked at Washing Line of Cantt Station, mysteriously caught fire during morning hours. The b
Published 10 Oct, 2015 12:00am
PIA, Palpa asked to finalise working agreement within 4-week

PIA, Palpa asked to finalise working agreement within 4-week

The Senate Standing Committee on Cabinet Secretariat has directed the Pakistan International Airline (PIA) and Pakistan Airline Pilots Association (Palpa) to finalise new working agreement within four weeks. The decision was made at a meeting held on Thur
Published 10 Oct, 2015 12:00am
Coal mines in Orakzai Agency to restart soon: KP Governor

Coal mines in Orakzai Agency to restart soon: KP Governor

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan has announced coal mines in Shikhan area of Orakzai Agency will be reopened soon which will not only enhance the employment opportunities but also will pave the for economic development of this marginal
Published 10 Oct, 2015 12:00am
77th convocation of COMSATS Institute of Information Technology held

77th convocation of COMSATS Institute of Information Technology held

Minister of State for Parliamentary Affairs Sheikh Aftab Ahmed was the chief guest at the 77th convocation of COMSATS Institute of Information Technology, here on Friday held at CIIT Attock campus. A total of 223 graduating students were awarded degrees b
Published 10 Oct, 2015 12:00am
KP PA says expats cannot be denied right to vote

KP PA says expats cannot be denied right to vote

Khyber Pakhtunkhwa Assembly Friday unanimously demanded the granting of right to vote for expatriate Pakistanis and avoiding their maltreatment at airports. The two identical resolutions also carrying the signatures of Saleem Khan (PPP), Syed Jaffar Shah
Published 10 Oct, 2015 12:00am
Coca-Cola president visits BoI

Coca-Cola president visits BoI

Nathan Kalumbu, President (Eurasia and Africa Group) along with his six-member delegation of Coca-Cola visited Board of Investment and met with Secretary, Board of Investment, Iftikhar Babar to discuss different investment opportunities available and issu
Published 10 Oct, 2015 12:00am
LDA criticised for corrupt practices

LDA criticised for corrupt practices

Central president Human Rights Movement Mohammad Nasir Iqbal and Chairman Save Lahore Movement Hafeez Malik have criticised the Lahore Development Authority for mismanagement and corruption. "LDA has left other departments far behind in mismanagement and
Published 10 Oct, 2015 12:00am
'Exports to Spain record 100 percent increase'

'Exports to Spain record 100 percent increase'

Our exports to Spain have recorded 100 percent increase during last one and a half year despite overall decrease in exports in this period, said Faiz Ahmed Pakistani Commercial Consular in Madrid Spain. He was addressing the FCCI members along with a Span
Published 10 Oct, 2015 12:00am
'Pak, Qatar should start joint ventures in various fields'

'Pak, Qatar should start joint ventures in various fields'

Former vice president of Lahore Chamber of Commerce and Industry Syed Mahmood Ghaznavi said on Friday that collaboration between Pakistani and Qatari businessmen would give impetus to mutual trade and both sides should start joint ventures in various fiel
Published 10 Oct, 2015 12:00am
IPR concerned at IMF's views on CPEC

IPR concerned at IMF's views on CPEC

A report released by the Institute of Policy Reforms on Friday claims that the International Monetary Fund emphasis to execute the China-Pakistan Economic Corridor within the overall envelope of the Public Sector Development Programme "is euphemism for pl
Published 10 Oct, 2015 12:00am
Ulema for protecting, preserving law

Ulema for protecting, preserving law

The 'Labbaik Ya Rasool-Allah Conference', held here at Iqbal Park (Ground Ghat) on Thursday night under the auspices of Tehreek Siraat-e-Mustaqim Pakistan, asked the government to desist from abrogating or amending the "Tahafuss-e-Namoos-e-Rasool" law.
Published 10 Oct, 2015 12:00am
Girls' hostel at LUMHS Jamshoro inaugurated

Girls' hostel at LUMHS Jamshoro inaugurated

Dr Iqbal Durani, Secretary to the Chief Minister Sindh inaugurated a newly constructed girls Hostel at Liaquat University of Medical & Health Sciences Jamshoro. While addressing at the Inaugural Ceremony the Vice Chancellor, Professor Noshad A Shaikh info
Published 10 Oct, 2015 12:00am
Paapam rejects import of previously used tractors

Paapam rejects import of previously used tractors

Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) and domestic tractor industry have rejected the government's proposal for import of second hand tractors, Chairman Paapam Engineer Mumshad Ali told Business Recorder he
Published 10 Oct, 2015 12:00am
Habib University to host Falling Walls Lab Karachi

Habib University to host Falling Walls Lab Karachi

Pakistan's most innovative young minds have a new forum to present their ground-breaking ideas as Habib University will host the Falling Walls Lab Karachi on October 10, an exciting competition for solutions to Pakistan's most pressing social and scientif
Published 10 Oct, 2015 12:00am
Malik thanks FPCCI for naming its auditorium after his late father

Malik thanks FPCCI for naming its auditorium after his late father

Vice President SAARC Chamber of Commerce and Industry Iftikar Ali Malik has thank Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for naming its auditorium in Islamabad's office after his late father. He said that decision has been made i
Published 10 Oct, 2015 12:00am
35 accused held in raids

35 accused held in raids

Law enforcement agencies (LEAs) on Friday arrested some 35 accused including five activists of a political party during raids conducted in different areas of Karachi. Police said that the arrests were made from different parts of metropolis including Liaq
Published 10 Oct, 2015 12:00am
SAMBA Bank: Temenos chooses NDC to implement T24 R15 system

SAMBA Bank: Temenos chooses NDC to implement T24 R15 system

Temenos has inked an agreement with NDC for T24 R15 core banking system with Pakistan Model Bank to replace SAMBA Bank's existing legacy system, across all its branches. Along with the core system, the Temenos-connect internet, mobile banking Platforms an
Published 10 Oct, 2015 12:00am
PTA urges government to address issues

PTA urges government to address issues

Chairman Pakistan Tanners Association (PTA) Gulzar Firoz has said that the leather industry is facing serious crisis because of lack of export orders, liquidity crunch and no incentive from the Government on exports. He referred to the advertisement given
Published 10 Oct, 2015 12:00am
Major crops: farmers urge government to fix support prices
Cotton

Major crops: farmers urge government to fix support prices

The Kissan Raaj Tehreek (KRT) of Kissan Board Pakistan (KBP) on Friday staged a protest near D-Chowk and demanded of the government to fix support price of major crops and ensure provision of electricity at flat rate to agricultural tube wells. A large nu
Published 10 Oct, 2015 12:00am
Gwadar port operational due to TCP operations: minister informed

Gwadar port operational due to TCP operations: minister informed

Minister for Commerce Khurram Dastagir Khan held a meeting at Trading Corporation of Pakistan (TCP) head office Karachi to review the operations and performance of the TCP for the period 2014-15 and first quarter 2015-16. The Minister for Commerce was inf
Published 10 Oct, 2015 12:00am
CTD arrests two alleged target killers

CTD arrests two alleged target killers

Police claimed to have arrested two persons allegedly involved in target killings and extortion, here on Friday. Police said that two separate raids were conducted by Counter Terrorism Department (CTD) against criminals in Garden and Manghopir areas. Duri
Published 10 Oct, 2015 12:00am
PRGMEA elects new office-bearers for 2015-16

PRGMEA elects new office-bearers for 2015-16

Shaikh Mohammad Shafiq has been elected unopposed Chairman of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Irfan Ali also elected unopposed Chairman PRGMEA South zone, Sindh-Balochistan zone for 2015-16. The annual gene
Published 10 Oct, 2015 12:00am
NA-122 by-election: ECP to address complaints against lavish spending

NA-122 by-election: ECP to address complaints against lavish spending

The Election Commission of Pakistan (ECP) will review the complaints of alleged violation of ECP Code of Conduct in NA-122 as contestants are reportedly spending extravagantly for the by-elections. An official of ECP told Business Recorder that a n
Published 10 Oct, 2015 12:00am
Bilawal reaches Nawabshah

Bilawal reaches Nawabshah

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari reached Zardari House, Nawabshah for two days, here on Friday. Adviser to Sindh Chief Minister Zia and other district leaders welcomed Bilawal Bhutto. Bilawal will meet party members and workers
Published 10 Oct, 2015 12:00am
'djuice' announces winners of 'Apportunity contest 2015'

'djuice' announces winners of 'Apportunity contest 2015'

Telenor Pakistan's youth centric brand "djuice" Friday announced the winners of the annual "Apportunity contest 2015". The team comprising Arusha Imtiaz, Asadullah and Hafiz Arslan Hafeez won the contest for developing "My Smaced App". It is a smart educa
Published 10 Oct, 2015 12:00am
FPCCI urges government to announce auto policy

FPCCI urges government to announce auto policy

President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Adrees has said that the government should announce the automobile industry policy immediately and make Pakistan Automobile Spare Parts Importer & Dealer Association (Paspida)
Published 10 Oct, 2015 12:00am
Emigration tower: National Assembly body for providing gas connections

Emigration tower: National Assembly body for providing gas connections

The National Assembly Standing Committee on Overseas Pakistanis and Human Resource Development has called upon the ministry of petroleum and natural resources to provide gas connections to the residents of emigration tower. The committee met here on Frida
Published 10 Oct, 2015 12:00am
Dr Aafia case: IHC asks government to reply within 10 days

Dr Aafia case: IHC asks government to reply within 10 days

The Islamabad High Court (IHC) on Friday sought reply from key aides of Prime Minister Nawaz Sharif as well as the interior minister on a petition seeking release of Dr Aafia Siddiqui from the US prison. The petition was filed by Dr Fauzia Siddiqui, the s
Published 10 Oct, 2015 12:00am
Pilots' protest ends

Pilots' protest ends

It is quite heartening to note that finally Pakistan International Airlines (PIA) and Airline Pilots Association (Palpa) have reached consensus and finalised a draft agreement to resolve the outstanding issues between the management and association. Accor
Published 10 Oct, 2015 12:00am
The divisive issue of reaching $100 billion in climate funds

The divisive issue of reaching $100 billion in climate funds

The movers and shakers of the world economy are trying to close in on the magic number of $100 billion a year to fight climate change as they meet this week in Peru. But with the world well shy of that target, everyone seems to think the rest of the money
Published 10 Oct, 2015 12:00am
Political economy in Pakistan

Political economy in Pakistan

Pakistan's political system is flawed and as a result all the resultant actions and implementations are erroneous. Where is reason in the system, where is the thought process. Pakistan will continue this way as its educational system is also flawed. Just
Published 10 Oct, 2015 12:00am
In defence of ECP

In defence of ECP

Somehow the higher judiciary and Election Commission of Pakistan entertain clashing perspectives on the question how to obtain a level playing field for the contesting candidates. Quite periodically, the two have differed on the issues like delimitation o
Published 10 Oct, 2015 12:00am
TPP trade deal a check on China?

TPP trade deal a check on China?

The sealing of the deal early on Monday, the 5th October, 2015 for creating the world's largest free trade area is of course a major economic development on the global scene. Working around the clock for days past their deadline, trade ministers finally a
Published 10 Oct, 2015 12:00am
Dar lists factors behind economic improvement

Dar lists factors behind economic improvement

As a result of tough but comprehensive and deep-rooted economic structural reforms together with stabilisation measures undertaken during last two year, foreign exchanges reserves rose to a record level, inflation fell drastically and international rating
Published 10 Oct, 2015 12:00am
Dar lists factors behind economic improvement

Dar lists factors behind economic improvement

As a result of tough but comprehensive and deep-rooted economic structural reforms together with stabilisation measures undertaken during last two year, foreign exchanges reserves rose to a record level, inflation fell drastically and international rating
Published 10 Oct, 2015 12:00am
Dar lists factors behind economic improvement

Dar lists factors behind economic improvement

As a result of tough but comprehensive and deep-rooted economic structural reforms together with stabilisation measures undertaken during last two year, foreign exchanges reserves rose to a record level, inflation fell drastically and international rating
Published 10 Oct, 2015 12:00am
CAA, Palpa reach partial deal

CAA, Palpa reach partial deal

A partial agreement was signed between Pakistan Airline Pilots Association (Palpa) and the Civil Aviation Authority (CAA) Friday to end the gruelling strike against Pakistan International Airlines (PIA) by the pilots of the national flag carrier. The repr
Published 10 Oct, 2015 12:00am
CAA, Palpa reach partial deal

CAA, Palpa reach partial deal

A partial agreement was signed between Pakistan Airline Pilots Association (Palpa) and the Civil Aviation Authority (CAA) Friday to end the gruelling strike against Pakistan International Airlines (PIA) by the pilots of the national flag carrier. The repr
Published 10 Oct, 2015 12:00am
The Weather

The Weather

The weather report on Friday (October 09, 2015) and the forecast for Saturday (October 10, 2015).

Published 10 Oct, 2015 12:00am
CAA, Palpa reach partial deal

CAA, Palpa reach partial deal

A partial agreement was signed between Pakistan Airline Pilots Association (Palpa) and the Civil Aviation Authority (CAA) Friday to end the gruelling strike against Pakistan International Airlines (PIA) by the pilots of the national flag carrier. The repr
Published 10 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (October 09, 2015).

Published 10 Oct, 2015 12:00am
Sindh conditionally agrees to PSM sell-off

Sindh conditionally agrees to PSM sell-off

Sindh government has no objection to the so-far-disputed privatisation of Pakistan Steel Mills (PSM) if the federation safeguards the interest of labourers. The apparently flexible statement came from Finance Minister Syed Murad Ali Shah during the German
Published 10 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Oct, 2015 12:00am
Sindh conditionally agrees to PSM sell-off

Sindh conditionally agrees to PSM sell-off

Sindh government has no objection to the so-far-disputed privatisation of Pakistan Steel Mills (PSM) if the federation safeguards the interest of labourers. The apparently flexible statement came from Finance Minister Syed Murad Ali Shah during the German
Published 10 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Oct, 2015 12:00am
Sindh conditionally agrees to PSM sell-off

Sindh conditionally agrees to PSM sell-off

Sindh government has no objection to the so-far-disputed privatisation of Pakistan Steel Mills (PSM) if the federation safeguards the interest of labourers. The apparently flexible statement came from Finance Minister Syed Murad Ali Shah during the German
Published 10 Oct, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 09, 2015).

Published 10 Oct, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (October 09, 2015)

Published 10 Oct, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (October 09, 2015).

Published 10 Oct, 2015 12:00am
US judge OKs $338 million settlement in Canada rail disaster

US judge OKs $338 million settlement in Canada rail disaster

A US bankruptcy court Friday approved a Can$445 million ($338 million) settlement for victims of the 2013 Lac-Megantic rail disaster in Quebec that killed 47 people. US bankruptcy Judge Peter Cary in the state of Maine gave final approval of an agreement
Published 10 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 09, 2015).

Published 10 Oct, 2015 12:00am
US judge OKs $338 million settlement in Canada rail disaster

US judge OKs $338 million settlement in Canada rail disaster

A US bankruptcy court Friday approved a Can$445 million ($338 million) settlement for victims of the 2013 Lac-Megantic rail disaster in Quebec that killed 47 people. US bankruptcy Judge Peter Cary in the state of Maine gave final approval of an agreement
Published 10 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 09, 2015).

Published 10 Oct, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Firmness prevailed on the money market on Friday as the rupee firmly held the overnight levels against the dollar in the process of trading, dealers said. The rupee shed one-paisa versus the dollar for buying and selling at Rs 104.42 and Rs 104.44 respect
Published 10 Oct, 2015 12:00am
Saudi religious leader denounces 'lies' after Hajj tragedy

Saudi religious leader denounces 'lies' after Hajj tragedy

A senior Saudi religious leader on Friday denounced "lies" being spread about the kingdom after more than 1,350 people died in tragedies that struck this year's pilgrimage. In his first major remarks touching on the September 24 Hajj stampede, Sheikh Abdu
Published 10 Oct, 2015 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

Firmness prevailed on the money market on Friday as the rupee firmly held the overnight levels against the dollar in the process of trading, dealers said. The rupee shed one-paisa versus the dollar for buying and selling at Rs 104.42 and Rs 104.44 respect
Published 10 Oct, 2015 12:00am
Saudi religious leader denounces 'lies' after Hajj tragedy

Saudi religious leader denounces 'lies' after Hajj tragedy

A senior Saudi religious leader on Friday denounced "lies" being spread about the kingdom after more than 1,350 people died in tragedies that struck this year's pilgrimage. In his first major remarks touching on the September 24 Hajj stampede, Sheikh Abdu
Published 10 Oct, 2015 12:00am
Prices of agriculture inputs to be reduced in a couple of days: Bosan

Prices of agriculture inputs to be reduced in a couple of days: Bosan

Federal Minister for National Food Security and Research (MNFS&R) Sikandar Hayat Khan Bosan said here on Friday that the prices of DAP fertilisers will be decreased by Rs 500 per bag and Urea by Rs 145 per bag within the next two or three days. Speaking a
Published 10 Oct, 2015 12:00am
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