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Jun 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-10-04
Cotton market: lower prices help mills to replenish their stock
Cotton

Cotton market: lower prices help mills to replenish their stock

Declining rates helped mills to replenish their stock, in the meantime, it is surprising to note that exporters were conspicuous by their absence, dealers said on the cotton market on Wednesday. The official spot rate maintained overnight level at Rs 7650
Published 04 Oct, 2018 12:00am
Asian naphtha hits three-session low

Asian naphtha hits three-session low

Asia's naphtha crack eased 1.8 percent on Tuesday and hit a three-session low of $107.38 a tonne, after marking their highest since Aug. 6 in the previous session, as oil prices at a four-year peak weighed on the market. South Korea's LG Chem emerged to b
Published 04 Oct, 2018 12:00am
Ninth NBP Junior Squash Championship begins

Ninth NBP Junior Squash Championship begins

The 9th edition of the National Bank National Junior Squash Championship carrying a prize money of Rs. 0.1 million got under way at PAF Hashim Khan Squash Complex under the aegis of KP Squash Association here Wednesday. NBP Regional Head of Peshawar Regio
Published 04 Oct, 2018 12:00am
Strauss steps down from England cricket director role

Strauss steps down from England cricket director role

Andrew Strauss announced on Wednesday that he is standing down as England's director of cricket following a period of compassionate leave. Strauss's wife Ruth was diagnosed with cancer during the Ashes in December 2017 and he took a break from his positio
Published 04 Oct, 2018 12:00am
Cricket Australia names pay-row negotiator as new boss

Cricket Australia names pay-row negotiator as new boss

Cricket Australia (CA) on Wednesday named insider Kevin Roberts - who spearheaded an ill-fated attempt to slash players' pay last year - to lead the troubled organisation in the wake of the ball-tampering scandal. Roberts was appointed chief executive off
Published 04 Oct, 2018 12:00am
ICC warns England, Sri Lanka players of match-fixing ahead of tour

ICC warns England, Sri Lanka players of match-fixing ahead of tour

Cricket's world governing body said Wednesday players would be briefed about the risk of approaches from "corrupters" during England's upcoming tour of Sri Lanka amid fears of match-fixing. The International Cricket Council's anti-corruption chief Alex Ma
Published 04 Oct, 2018 12:00am
2019 Cricket World Cup trophy reaches Lahore

2019 Cricket World Cup trophy reaches Lahore

The 2019 Cricket World Cup trophy reached here Wednesday as part of its world tour. The Garrard-made trophy, during its six-day Pakistan leg of the tour, will travel to three cities: Lahore, Islamabad and Karachi.
Published 04 Oct, 2018 12:00am
Euro crawls up in Asian trade
Currency

Euro crawls up in Asian trade

The euro pulled ahead from a six-week low on Wednesday after a report that Italy plans to reduce its budget deficit in the coming years provided some relief to the battered currency. The euro was up 0.35 percent at $1.1585 following its descent to $1.1505
Published 04 Oct, 2018 12:00am
Dollar strengthens against majors in Europe
Currency

Dollar strengthens against majors in Europe

The dollar strengthened against other major currencies on Wednesday after a top US policymaker said inflation expectations haven't gone up as much as he would have liked and he was comfortable with a December rate hike. Federal Reserve policymaker Charles
Published 04 Oct, 2018 12:00am
Early trade in New York: dollar gains after strong ADP jobs data

Early trade in New York: dollar gains after strong ADP jobs data

The US dollar gained on Wednesday as data supported the view that the US economy is in strong shape and as concerns about Italy's budget negotiations continued to weigh on the euro. Private employers added 230,000 jobs in September, the most since Februar
Published 04 Oct, 2018 12:00am
Euro weakens to six-week low in New York
Currency

Euro weakens to six-week low in New York

The euro fell to a six-week low on Tuesday after a senior lawmaker in one of Italy's ruling parties said most of the country's problems would be resolved if it readopted a national currency. Italy's coalition proposed a budget with a higher-than-expected
Published 04 Oct, 2018 12:00am
Argentina's peso rallies

Argentina's peso rallies

Argen-tina's peso rallied for a third straight day on Wednesday, after high-interest short-term debt issued by the central bank soaked up liquidity, a strategy that has raised concern about the sustainability of the country's program.
Published 04 Oct, 2018 12:00am
Aussie, kiwi steady
Currency

Aussie, kiwi steady

The Australian and New Zealand dollars pared some losses on Wednesday as jitters over Italy's budget deficit calmed a little and prompted a pullback in safe havens such as the yen. The Aussie dollar steadied at $0.7185, having been as low as $0.7165 at on
Published 04 Oct, 2018 12:00am
Asian forex: India rupee hits record low
Currency

Asian forex: India rupee hits record low

The Indian rupee opened at a record low on Wednesday and further weakening in Indonesia's embattled rupiah prompted central bank intervention as an overnight spike in oil prices weighed heavily on the currencies. The rupee and the rupiah are highly expose
Published 04 Oct, 2018 12:00am
Sterling steadies
Currency

Sterling steadies

The British pound briefly fell towards a three-week low on Wednesday as Prime Minister Theresa May defended her plans for Brexit, although the currency's moves were limited as analysts said they saw little in her speech that was new. May said she was conf
Published 04 Oct, 2018 12:00am
Most Gulf markets up, Egypt slips on emerging market slump

Most Gulf markets up, Egypt slips on emerging market slump

Most major Middle Eastern stock markets rose modestly on Wednesday, while real estate stocks continued to weigh on Dubai and Egypt's blue-chip index reflected emerging market worries. The Dubai index closed 0.8 percent lower, pressured by real estate and
Published 04 Oct, 2018 12:00am
Southeast Asian stocks: Philippines, Singapore recover

Southeast Asian stocks: Philippines, Singapore recover

The Philippine index snapped a three-day losing streak on Wednesday and ended more than 1 percent higher as investors picked up battered shares while Singapore hit a near eight-week closing high, helped by gains in financials and consumer stocks. The Mani
Published 04 Oct, 2018 12:00am
Yield curve flatter, Fed lifts short
Currency

Yield curve flatter, Fed lifts short

The yield curve flattened on Tuesday as a hawkish afternoon speech from Federal Reserve Chair Jerome Powell lifted the short end of the curve while the long end remained muted as investors sought safety from the Italian bond selloff.
Published 04 Oct, 2018 12:00am
Yield curve flatter, Fed lifts short
Currency

Yield curve flatter, Fed lifts short

The yield curve flattened on Tuesday as a hawkish afternoon speech from Federal Reserve Chair Jerome Powell lifted the short end of the curve while the long end remained muted as investors sought safety from the Italian bond selloff.
Published 04 Oct, 2018 12:00am
Indian shares down

Indian shares down

Indian shares ended lower on Wednesday, dragged by financials and IT stocks, as sentiment was dented after crude prices hovered near a four-year high, while investors kept a cautious stance ahead of the central bank policy meet this week. The benchmark BS
Published 04 Oct, 2018 12:00am
Australian shares up; New Zealand falls

Australian shares up; New Zealand falls

Australian shares got a lift from strong gains in resource-related stocks on Wednesday, helped by higher gold and metal prices, while financials ended lower despite earlier gains. The S&P/ASX 200 index rose 0.3 percent to 6,146.1 at the close of trade. Th
Published 04 Oct, 2018 12:00am
Italian stocks lead Europe as budget deficit fears quelled

Italian stocks lead Europe as budget deficit fears quelled

Italian stocks turned from a drag into a boost for European markets on Wednesday as signs the government would target a lower budget deficit quelled investors' fears of a damaging showdown with the European Commission. Italy's FTSE MIB outperformed and cl
Published 04 Oct, 2018 12:00am
Nikkei falters
Currency

Nikkei falters

Japanese stocks fell on Wednesday as automakers skidded on a sharp decline in US new car sales last month while other shares, including financials, retreated after a rally over recent weeks. The Nikkei share average gave up 0.7 percent to 24,110.96, thoug
Published 04 Oct, 2018 12:00am
FTSE joins European bounce; Tesco falls

FTSE joins European bounce; Tesco falls

The UK's top share index rose on Wednesday as the pound held its ground after an appeal for party unity from Prime Minister Theresa May over her Brexit plan, while Tesco had its worst trading day in four years after a disappointing update. The FTSE 100 cl
Published 04 Oct, 2018 12:00am
Trump's net worth $3.1 billion, but presidency hurting: Forbes

Trump's net worth $3.1 billion, but presidency hurting: Forbes

US President Donald Trump's net worth has flatlined at $3.1 billion, but he has slid down a Forbes ranking of billionaires as the magazine believes his White House stint is harming the Trump brand. Trump's ranking dropped to number 259 on the list of Forb
Published 04 Oct, 2018 12:00am
Turkey's inflation rises to 25 percent

Turkey's inflation rises to 25 percent

Turkey's inflation rate rose to nearly 25 percent in September, official statistics showed Wednesday, as the economy suffers further from the Turkish lira's dramatic fall. The unexpectedly bad figures come amid continued concerns over domestic monetary po
Published 04 Oct, 2018 12:00am
EU commissioner admits crisis 'errors', chides Italy

EU commissioner admits crisis 'errors', chides Italy

European Commissioner for Economic Affairs Pierre Moscovici on Wednesday said "fundamental errors" in dealing with the financial crisis which hit a decade ago had stoked EU political tensions. "Political tensions which Europe is going through are in my vi
Published 04 Oct, 2018 12:00am
Apple chief says firm guards data privacy in China

Apple chief says firm guards data privacy in China

Apple chief executive Tim Cook on Tuesday said the company is devoted to protecting people's privacy, with data encrypted and locked away on servers even in China. Cook called privacy as one of the most important issues of this century, and maintained tha
Published 04 Oct, 2018 12:00am
US services sector activity hits 21-year high

US services sector activity hits 21-year high

US services sector activity raced to a 21-year high in September and companies boosted hiring, signs of enduring strength in the economy at the end of the third quarter. The upbeat reports on Wednesday likely keep the Federal Reserve on track to raise int
Published 04 Oct, 2018 12:00am
India to deport Rohingya to Myanmar, despite UN concern

India to deport Rohingya to Myanmar, despite UN concern

Indian police said Wednesday that seven Rohingya detained in the country's northeast will be deported to Myanmar, which has been accused by the UN of waging a campaign of "genocide" against the Muslim minority. The United Nations had warned India that ret
Published 04 Oct, 2018 12:00am
Lithuania bans phone use in streets

Lithuania bans phone use in streets

Lithuania's phone-addicted pedestrians will have to do without mobile devices when they cross streets under a new regulation approved on Wednesday as the Baltic country seeks to curb traffic deaths. "Pedestrians must not use mobile devices before stepping
Published 04 Oct, 2018 12:00am
Yemen rebels free sons of ex-president Saleh

Yemen rebels free sons of ex-president Saleh

Yemen's Huthi rebels on Wednesday announced they had released two of slain ex-president Ali Abdallah Saleh's sons, 10 months after they were captured following the killing of their father. Salah and Medyen Saleh were pardoned by Mehdi Mushat, head of the
Published 04 Oct, 2018 12:00am
Pentagon packages test positive for substance close to ricin

Pentagon packages test positive for substance close to ricin

Packages that were sent to the Pentagon this week have tested positive for a substance ricin is derived from, but not the deadly poison itself, an official said Wednesday. The Pentagon's mail screening facility on Monday intercepted suspicious packages ad
Published 04 Oct, 2018 12:00am
US trio win Nobel Chemistry Prize

US trio win Nobel Chemistry Prize

US scientists Frances Arnold and George Smith and British researcher Gregory Winter won the Nobel Chemistry Prize on Wednesday for applying the principles of evolution to develop enzymes used to make everything from biofuels to medicine.
Published 04 Oct, 2018 12:00am
Nato demands answers on Russia missiles

Nato demands answers on Russia missiles

Nato chief Jens Stoltenberg on Wednesday demanded Moscow prove it is complying with a landmark Cold War nuclear arms reduction treaty, as concerns grow over a new Russian missile system. Nato defence ministers will discuss the issue at a two-day meeting i
Published 04 Oct, 2018 12:00am
Putin brands poisoned spy Skripal a 'traitor' and 'scumbag'

Putin brands poisoned spy Skripal a 'traitor' and 'scumbag'

Russian President Vladimir Putin on Wednesday branded former double agent Sergei Skripal a "traitor" and a "scumbag", saying Moscow knew he had cooperated with foreign intelligence after his release in a spy swap.
Published 04 Oct, 2018 12:00am
Aluminium hits highest since June as Norsk Hydro shuts refinery

Aluminium hits highest since June as Norsk Hydro shuts refinery

The price of aluminium jumped to its highest in more than three months on Wednesday after Norsk Hydro said it would halt output at its Alunorte alumina refinery, stoking concerns about shortages of the raw material. Three-month aluminium on the London Met
Published 04 Oct, 2018 12:00am
US crude oil shipments to China 'totally stopped'

US crude oil shipments to China 'totally stopped'

US crude oil shipments to China have "totally stopped", the President of China Merchants Energy Shipping Co (CMES) said on Wednesday, as the trade war between the world's two biggest economies takes its toll on what was a fast growing businesses. Washingt
Published 04 Oct, 2018 12:00am
Brent crude at highest since Oct 2014, Iran sanctions drive buying

Brent crude at highest since Oct 2014, Iran sanctions drive buying

Brent crude rose to a four-year high on Wednesday, as the market focused on upcoming US sanctions on Iran while shrugging off the year's largest weekly build in US crude stockpiles and reports of higher Saudi Arabian and Russian production.
Published 04 Oct, 2018 12:00am
Tokyo rubber snaps three-day winning streak

Tokyo rubber snaps three-day winning streak

Benchmark Tokyo rubber futures snapped a three-day winning streak on Wednesday as investors locked in profits after the recent rally on the back of oil prices. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for rubber prices in Southeast Asi
Published 04 Oct, 2018 12:00am
Malaysian palm oil rises for second day

Malaysian palm oil rises for second day

Malaysian palm oil futures gained 1.8 percent on Wednesday, its largest intraday climb since Sept. 4, supported by rising crude oil prices. Strength in soyabean oil provided additional support to the tropical oil but gains were capped by higher palm oil r
Published 04 Oct, 2018 12:00am
Russia's Steppe to boost grain exports

Russia's Steppe to boost grain exports

Russian agriculture holding company Steppe plans to ramp up grain exports sharply this season, part of its bid to become one of top five traders of Russian grain by 2020, the company said in a statement on Tuesday. Steppe, part of Russian business conglom
Published 04 Oct, 2018 12:00am
Raw sugar, Arabica coffee prices extend rise
Currency

Raw sugar, Arabica coffee prices extend rise

Raw sugar and arabica coffee futures rose on Wednesday buoyed by the strength of the currency of Brazil, the top producer of both commodities, while cocoa plunged 3 percent. The currency has rallied this week on stronger polling for far-right Brazil presi
Published 04 Oct, 2018 12:00am
Gold jumps in New York
Currency

Gold jumps in New York

Gold hit its highest in more than a week on Tuesday, vaulting the $1,200 per ounce mark, as investors sought refuge in the metal after stock markets sold off due to anti-euro comments by an Italian lawmaker. Spot gold jumped 1.3 percent to $1,202.81 per o
Published 04 Oct, 2018 12:00am
Gold steadies in Asia
Currency

Gold steadies in Asia

Gold tracked back from its highest in over a week on Wednesday after Italy indicated it was open to cutting its budget deficit and debt, soothing investors' nerves and prompting a wider move back into riskier assets. Spot gold was little changed at $1,202
Published 04 Oct, 2018 12:00am
Gold slips in Europe
Currency

Gold slips in Europe

Gold eased on Wednesday after Italy indicated it was open to cutting its budget deficit and debt, soothing investors' nerves and prompting a wider move back into stocks and other riskier assets. Bullion was also pressured by a stronger dollar as economic
Published 04 Oct, 2018 12:00am
US MIDDAY: soya, corn ease

US MIDDAY: soya, corn ease

US soyabean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures were little changed as techni
Published 04 Oct, 2018 12:00am
US MIDDAY: gold dips
Currency

US MIDDAY: gold dips

Gold eased on Wednesday after the Italian government indicated it was open to trimming its budget deficit and debt, soothing investors' nerves and prompting a wider move back into stocks and other higher-risk assets. Bullion was also pressured by a strong
Published 04 Oct, 2018 12:00am
KCCI chief voices concern over harassment of businessmen by FIA

KCCI chief voices concern over harassment of businessmen by FIA

Karachi Chamber of Commerce and Industry (KCCI) president Junaid Esmail Makda, while expressing deep concerns over harassment of businessmen by Federal Investigation Agency (FIA), has advised that FIA should refrain from such actions and prior to issuing
Published 04 Oct, 2018 12:00am
Companies must maintain record of related party deals: SECP

Companies must maintain record of related party deals: SECP

The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the companies to maintain complete records under its registers at head offices pertaining to the transactions undertaken with related parties and contracts or arrangements
Published 04 Oct, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has come a long way from its humble origins. What started off as a spinning mill comprising of 14,400 spindles has now become the fourth-largest textile company by sales in the country. NCL is a vertically integrated unit
Published 04 Oct, 2018 12:00am
Nishat Chunian Limited
Mutual Funds

Nishat Chunian Limited

Nishat Chunian Limited (PSX: NCL) has come a long way from its humble origins. What started off as a spinning mill comprising of 14,400 spindles has now become the fourth-largest textile company by sales in the country. NCL is a vertically integrated unit
Published 04 Oct, 2018 12:00am
MDCAT result announced

MDCAT result announced

The University of Health Sciences (UHS) Lahore declared the official result of Medical and Dental Colleges' Admission Test (MDCAT) 2018. A total of 61900 candidates appeared in the Test held on September 23, out of which 32648 (52.74 percent) scored 60 pe
Published 04 Oct, 2018 12:00am
Officials directed to take stern action against land mafia

Officials directed to take stern action against land mafia

Deputy Commissioner Syed Ahmad Fawad has directed that the scope of anti-encroachment campaign should be expanded up to residential areas under coordinated strategy by the concerned departments and drastic action be taken against the land grabbers to vaca
Published 04 Oct, 2018 12:00am
PIEDMC accused of flouting notification for removal of SIE chief

PIEDMC accused of flouting notification for removal of SIE chief

The Punjab Industrial Estate Development and Management Company (PIEDMC) is flouting a notification from the Punjab government seeking removal of President Sundar Industrial Estate (SIE) Usman Aslam Malik and Senior Vice President Tariq Ijaz Ch for their
Published 04 Oct, 2018 12:00am
Tax experts doubt FBR's capacity of taxing 169 'big fish'

Tax experts doubt FBR's capacity of taxing 169 'big fish'

Tax experts doubt the capacity of the Federal Board of Revenue (FBR) in taxing 169 'big fish', saying that the spirit of doing so will die down soon after passing through a string of legal pre-requisites. While defending the government's amended finance b
Published 04 Oct, 2018 12:00am
LWMC holds cleanliness awareness event

LWMC holds cleanliness awareness event

The Lahore Waste Management Company (LWMC) on Wednesday organized extensive cleanliness awareness activity in Iqbal Town, Lahore, followed by a meeting with trader association of the Moon market. The awareness activity was led by LWMC Head of Communicatio
Published 04 Oct, 2018 12:00am
Mashood's statement an attempt to keep PML-N alive: Elahi

Mashood's statement an attempt to keep PML-N alive: Elahi

Speaker Punjab Assembly Ch Pervez Elahi has termed Rana Mashood's controversial statement about bridging the gap between the establishment and N-League as an attempt in vain to keep the N-League alive which is in the process of withering away. He said the
Published 04 Oct, 2018 12:00am
There is no mention of word 'deal' in interview, says Mashhood

There is no mention of word 'deal' in interview, says Mashhood

Pakistan Muslim League-Nawaz (PML-N) leader Rana Mashhood on Wednesday said his interview which was aired a day earlier was taken out of context and he made no mention of the word "deal". Clarifying his position with regard to interview, the PML-N leader
Published 04 Oct, 2018 12:00am
Anti-measles drive from October 15

Anti-measles drive from October 15

Under the directions of Punjab government, safety injections to 1168300 children from age six months to seven years will be administered during the 13 days anti-measles campaign starting from October 15 and all necessary arrangements in this regard have b
Published 04 Oct, 2018 12:00am
LCCI, LOOP jointly hold 'She Empowerment Conference'

LCCI, LOOP jointly hold 'She Empowerment Conference'

The women empowerment is a key to economic turnaround and the Lahore Chamber of Commerce and Industry (LCCI) has always played a pivotal role to make women independent and self-sustained. LCCI Vice President Fahim-ur-Rehman Sehgal while speaking at "She E
Published 04 Oct, 2018 12:00am
PTI's talks with IMF against its manifesto: Siraj

PTI's talks with IMF against its manifesto: Siraj

Jamaat-e-Islami chief Siraj-ul-Haq has said the PTI had assured the nation that it would break the begging bowl for good and would never seek IMF loan, was now negotiating with the IMF.
Published 04 Oct, 2018 12:00am
PFC team to explore new market in UK

PFC team to explore new market in UK

A delegation of Pakistan Furniture Council (PFC) left for UK on Wednesday on a five-day tour to explore new markets and build connections with the British business community in furniture industry. The delegation, headed by PFC chief executive Mian Kashif
Published 04 Oct, 2018 12:00am
Saarc states urged to resolve issues on regional platform

Saarc states urged to resolve issues on regional platform

SAARC Chamber of Commerce and Industry Senior Vice President Iftikhar Ali Malik on Wednesday urged the SAARC member states to resolve their all kinds of issues on this regional platform instead of seeking arbitration from global super powers.
Published 04 Oct, 2018 12:00am
PTI's Dr Shahzad bags Senate seat

PTI's Dr Shahzad bags Senate seat

Dr Shahzad Waseem of the Pakistan Tehreek-e-Insaf (PTI) has won the Senate seat vacated by Ch Sarwar. He bagged 181 votes, while his rival Khawaja Ahmed Hassan of the PML-N got 169 votes who was also supported by PPP while one vote was rejected. In the Se
Published 04 Oct, 2018 12:00am
Farooq Sattar, others indicted in LAV case

Farooq Sattar, others indicted in LAV case

Muttahida Qaumi Movement-Pakistan (MQM-P) leader Farooq Sattar and other leaders were indicted in Loudspeaker Act Violation (LAV) case. During the hearing the judicial magistrate of city court on Wednesday also indicted Karachi Mayor Waseem Akhtar, Khalid
Published 04 Oct, 2018 12:00am
28th German Unity day celebrated

28th German Unity day celebrated

The 28th German Unity day was celebrated at the Consulate General of the Federal Republic of Germany in Karachi on Wednesday. A special ceremony was held at the German Consulate General that was attended by a large number of people from different walks of
Published 04 Oct, 2018 12:00am
Nepra notifies Rs 1.16 raise in power tariffs for Discos

Nepra notifies Rs 1.16 raise in power tariffs for Discos

National Electric Power Regulatory Authority (Nepra) has notified Rs 1.1635 per unit increase in electricity tariffs for Discos except lifeline consumers for August 2018 under monthly Fuel Component Adjustment (FCA).
Published 04 Oct, 2018 12:00am
LHC seeks compliance report from secretary health

LHC seeks compliance report from secretary health

The Lahore High Court on Wednesday sought a compliance report from the secretary primary and secondary health services Punjab for setting up separate rooms for the treatment of transgender community in OPDs of all public hospitals.
Published 04 Oct, 2018 12:00am
Question raised before SC bench over dual nationality

Question raised before SC bench over dual nationality

A question was raised before the Supreme Court whether the disqualification of a parliamentarian under Article 63(1)(c) of the Constitution is permanent even if the lawmaker renounces his/her foreign nationality. Bilal Manto, amicus curiae, raised the que
Published 04 Oct, 2018 12:00am
Easypaisa launches QR payment systems

Easypaisa launches QR payment systems

As part of its commitment towards providing youth access to quality financial services and creating a more financially inclusive Pakistan, Telenor Microfinance Bank, through its Easypaisa mobile payment and lifestyle platform, has announced its latest ini
Published 04 Oct, 2018 12:00am
Sindh Legal Advisory Call Centre launched

Sindh Legal Advisory Call Centre launched

Adviser to Chief Minister Sindh on Information, Law and Anti-Corruption barrister Murtaza Wahab visited Sindh Legal Advisory Call Centre (SLACC) on Wednesday1.
Published 04 Oct, 2018 12:00am
FPCCI for maintaining discrimination between filers & non-filers

FPCCI for maintaining discrimination between filers & non-filers

Executive Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has passed a resolution unanimously demanded that the discrimination between filers and non-filers as removed in the Finance Supplementary (amendments) Bill 2018 b
Published 04 Oct, 2018 12:00am
Traffic cop killed at checkpost

Traffic cop killed at checkpost

A traffic police official was killed in an attack on a police checkpost in the Port city of Sindh on Wednesday. "Sub-inspector Rafiq was on duty in Ahsanabad area of Karachi when he was shot," said Malir Senior Superintendent Police (SSP) Shiraz Nazir.
Published 04 Oct, 2018 12:00am
By-elections on October 14: PML-N, PPP to field joint candidates

By-elections on October 14: PML-N, PPP to field joint candidates

Pakistan Muslim League-Nawaz (PML-N) and Pakistan Peoples Party (PPP) have decided to give tough time to Pakistan Tehreek-e-Insaf (PTI) in coming by-elections on October 14 by fielding joint candidates, it is learnt. This decision has been made in a meeti
Published 04 Oct, 2018 12:00am
Installation of ETPs: SWC asks sugar mills to submit EMP, IEE reports

Installation of ETPs: SWC asks sugar mills to submit EMP, IEE reports

Sindh Water Commission (SWC) on Wednesday sought reports of Environment Management Plant (EMP) and Initial Environmental Examination (IEE) from sugar mills viz-a-viz installation and functioning of Effluent Treatment Plants (ETPs). The SWC headed by forme
Published 04 Oct, 2018 12:00am
Fawad leaves Senator Mushahidullah red faced

Fawad leaves Senator Mushahidullah red faced

Information Minister Fawad Chaudhry on Wednesday left key PML-N Senator Mushahidullah Khan red-faced after the latter insisted for an apology instead of pressing the former to substantiate his claims against out-of-turn postings of his brothers on key pos
Published 04 Oct, 2018 12:00am
Rabi season: Urea shortage looms as NFDC forecast negative stocks

Rabi season: Urea shortage looms as NFDC forecast negative stocks

Urea shortage is looming large during the Rabi season as National Fertilizer Development Centre (NFDC) has forecast negative urea stocks for January 2019. According to NFDC report, Rabi season 2018-19 is expected to begin with 271,000 tons of urea and tot
Published 04 Oct, 2018 12:00am
SUPARCO to celebrate WSW from today

SUPARCO to celebrate WSW from today

Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has made all arrangement to celebrate World Space Week (WSW) 2018 in 16 cities of the country from October 4 to 10, 2018. The inaugural ceremony of the event will be held on October 4 at Na
Published 04 Oct, 2018 12:00am
ATC adjourns Mumbai attack case hearing till October 10

ATC adjourns Mumbai attack case hearing till October 10

An Anti-Terrorism Court (ATC) in Islamabad while resuming hearing of Mumbai attacks case on Wednesday has summoned the prosecution witnesses in the next hearing for conclusion of the trial expeditiously. The case is in the courts since 2009 whereas no fur
Published 04 Oct, 2018 12:00am
IDEAS will help raise strategic ties with world: CM

IDEAS will help raise strategic ties with world: CM

The 10th edition of International Defence Exhibition and Seminar (IDEAS), 2018 is scheduled from November 27-30 at Expo Centre, Karachi. To finalize the preparations for this strategically important event, under the auspices of DEPO, the 3rd Steering Comm
Published 04 Oct, 2018 12:00am
PAF donates Rs 100 million to dams fund

PAF donates Rs 100 million to dams fund

Air Chief Marshal Mujahid Anwar Khan Wednesday donated Rs 100 million on behalf of all ranks of PAF to Diamer Bhasha and Mohamamd Dams Fund.
Published 04 Oct, 2018 12:00am
Bilawal expresses disappointment over PTI's Performance

Bilawal expresses disappointment over PTI's Performance

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari on Wednesday expressed disappointment over performance of the Pakistan Tehreek-e-Insaf government, saying that there is a huge difference between leading a sit-in and the government. Speaking on
Published 04 Oct, 2018 12:00am
Shakil Ashfaq elected APSEA chairman

Shakil Ashfaq elected APSEA chairman

Shakil Ashfaq has been elected Chairman All Pakistan Solvent Extractors' Association (APSEA) for the year 2018-19.
Published 04 Oct, 2018 12:00am
SSEP to address energy crisis, environmental issues: Murad

SSEP to address energy crisis, environmental issues: Murad

Sindh Chief Minister Syed Murad Ali Shah on Wednesday said that solar home system project would serve dual purpose of mitigating energy crisis and addressing the global concerns of environmental degradation. This he said while delivering his inaugural spe
Published 04 Oct, 2018 12:00am
PTM-2018: Speakers for motel service to promote tourism

PTM-2018: Speakers for motel service to promote tourism

Speakers at a seminar stressed the need of establishing motel service to promote tourism in the country. These views were expressed at a seminar on 'Travel Hospitality' organized on the sidelines of Pakistan Travel Mart (PTM) 2018 at Expo Centre, Karachi.
Published 04 Oct, 2018 12:00am
HBL, Qatar Airways introduce credit card
Currency

HBL, Qatar Airways introduce credit card

HBL, Pakistan's largest bank, and Qatar Airways, the world's fastest growing airline, have entered into a strategic partnership to launch a credit card tailored to serve the needs of country's swiftly growing frequent-flyer community. The HBL Qatar Airway
Published 04 Oct, 2018 12:00am
Pak-US cooperation to continue for regional peace

Pak-US cooperation to continue for regional peace

Foreign Minister Shah Mehmood Qureshi and US National Security Adviser John Bolton agreed during a meeting at the White House that continued cooperation between Pakistan and the United States would be in the interest of regional peace and security in Sout
Published 04 Oct, 2018 12:00am
Defence Secretary meets Sri Lankan counterpart

Defence Secretary meets Sri Lankan counterpart

The Defence Secretary of Pakistan, Lieutenant General Ikram Ul Haq (R) met the Secretary to the Ministry of Defence Kapila Waidyaratne PC at the Defence Ministry on Wednesday. A cordial discussion was held between the two Defence Secretaries on matters of
Published 04 Oct, 2018 12:00am
Pak-Qatar Takaful inks deal with Qatar Airways

Pak-Qatar Takaful inks deal with Qatar Airways

Pak-Qatar Takaful Group has signed a corporate agreement with Qatar Airways that will allow customers and employees of the group to avail exclusive discounts. The corporate agreement with Qatar Airways will also offer customers of Pak-Qatar Takaful Group
Published 04 Oct, 2018 12:00am
Government to evolve mechanism for speedy dispensation of justice: PM

Government to evolve mechanism for speedy dispensation of justice: PM

Prime Minister Imran Khan has stated that the government is committed to put in place a mechanism that would facilitate the citizens as well as the judiciary in speedy dispensation of justice. While chairing a briefing on Ministry of Law and Justice here
Published 04 Oct, 2018 12:00am
New LG system to be introduced next week

New LG system to be introduced next week

The Pakistan Tehreek-e-Insaf (PTI) government has announced to introduce a new local bodies system next week for Punjab, Khyber Pakhtunkhwa including erstwhile Federally Administered Tribal Areas (FATA), Balochistan and Islamabad Capital Territory (ICT).
Published 04 Oct, 2018 12:00am
PM's 100-day agenda under way: minister

PM's 100-day agenda under way: minister

The government has been blamed for burdening the common man and business community during the first 100 days of its tenure by increasing electricity and gas prices.
Published 04 Oct, 2018 12:00am
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