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Apr 30, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-11
Matloob leads as Rashid D Habib Memorial Golf opens

Matloob leads as Rashid D Habib Memorial Golf opens

First round of Bank AL Habib's 8th Rashid D. Habib Memorial National Professional Golf Championship was played at Karachi Golf Course on Thursday, 10th January 2019. Matloob Ahmed of Lahore Gymkhana leads on first day with 65-7 under par. Hamza Amin of Is
Published 11 Jan, 2019 12:00am
South Africa name new cap van der Dussen in one-day squad

South Africa name new cap van der Dussen in one-day squad

Batsman Rassie van der Dussen is a new cap in South Africa's 14-man squad named Thursday for the first two one-day internationals against Pakistan, starting on January 19. Van der Dussen, 29, has featured for the South African Twenty20 international team
Published 11 Jan, 2019 12:00am
No complacency, says South Africa stand-in captain Elgar

No complacency, says South Africa stand-in captain Elgar

Stand-in South African captain Dean Elgar said on Thursday he had given a "blunt message" to his players ahead of the third and final Test against Pakistan, starting at the Wanderers Stadium on Friday. "I spoke to the team yesterday and I told them that a
Published 11 Jan, 2019 12:00am
Jordan tame Syria to reach Asian Cup knockouts

Jordan tame Syria to reach Asian Cup knockouts

Jordan won a bruising derby with Syria 2-0 to become the first team to reach the Asian Cup knockouts on Thursday, while talisman Chanathip "Messi Jay" Songkrasin hauled crisis-hit Thailand back on track. In a rowdy atmosphere at a packed Khalifa Bin Zayed
Published 11 Jan, 2019 12:00am
Mary Kom becomes world's top woman boxer

Mary Kom becomes world's top woman boxer

India's Mary Kom rose to the top of the boxing world rankings Thursday, two months after becoming the first female boxer to win six world championships. The 36-year-old mother-of-three was ranked number one by the International Boxing Association (AIBA) i
Published 11 Jan, 2019 12:00am
India sack hockey coach

India sack hockey coach

Hockey India has sacked men's national team coach Harendra Singh after a dismal showing at the Asian Games and their quarter-final exit as hosts in last month's World Cup. The much-fancied Indian senior team had to settle for a bronze at the Asiad in Jaka
Published 11 Jan, 2019 12:00am
Kvitova ousts Kerber to reach Sydney semis
Kerb

Kvitova ousts Kerber to reach Sydney semis

Petra Kvitova sent defending champion Angelique Kerber packing from the rain-affected Sydney International Thursday to book a semi-final spot and get an edge over her rival heading into the Australian Open next week. It was always going to be a tight matc
Published 11 Jan, 2019 12:00am
Dollar down against major peers in Asia

Dollar down against major peers in Asia

The dollar weakened versus major peers such as the euro and yen on Thursday due to growing expectations the Federal Reserve will pause its rate tightening cycle this year. Minutes from the Fed's December 18-19 meeting revealed that several policymakers we
Published 11 Jan, 2019 12:00am
Euro basks at three-month highs in Europe
Currency

Euro basks at three-month highs in Europe

The euro consolidated gains on Thursday after posting its biggest daily jump in more than six months, having cleared some key market levels after Fed minutes signaled a more cautious approach towards further rate hikes. With the euro broadly hemmed in a $
Published 11 Jan, 2019 12:00am
Early trade in New York: dollar rebounds from 3-month low
Currency

Early trade in New York: dollar rebounds from 3-month low

The dollar rallied from three-month lows on Thursday, with investors reducing bearish positions on the currency as they await resolution of US-China trade negotiations, the US government shutdown, and Britain's exit from the European Union. Analysts said
Published 11 Jan, 2019 12:00am
Dollar slides in New York after dovish Fed minutes
Currency

Dollar slides in New York after dovish Fed minutes

The dollar tumbled on Wednesday to its lowest level since October after the Federal Reserve expressed caution about future rate hikes, and as investors reduced safe-haven bets due to optimism about US-China trade talks. After initially slipping following
Published 11 Jan, 2019 12:00am
Aussie, kiwi dip

Aussie, kiwi dip

The Australian and New Zealand dollars surrendered a little of their recent gains on Thursday as Sino-US trade talks ended without any clarity on when, or whether, a deal might be struck. China's commerce ministry said on Thursday the talks were extensive
Published 11 Jan, 2019 12:00am
Asian currencies slightly up
Currency

Asian currencies slightly up

Asian currencies rose slightly on Thursday as the dollar remained shaky on expectations the US Federal Reserve will soon pause its tightening cycle, while renewed optimism over a Sino-US trade deal lifted appetite for riskier assets. Minutes from the Fed'
Published 11 Jan, 2019 12:00am
Sterling near one-week low against euro
Currency

Sterling near one-week low against euro

Sterling hovered just off one-week lows against the euro on Thursday after British Prime Minister Theresa May lost two parliamentary votes in two days, adding more Brexit uncertainty and raising the prospect she may soon face a general election. The UK cu
Published 11 Jan, 2019 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,625. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.262billion and the number of lots traded 16,990. Major business was contributed by NSDQ100 am
Published 11 Jan, 2019 12:00am
Asia Naphtha cracks edge up

Asia Naphtha cracks edge up

Asia's gasoline crack remained at a discount for the second straight day as high supplies weighed, at 22 cents a barrel on Thursday versus 37 cents in the previous session. Gasoline stocks in the United States rose 8.1 million barrels, the largest weekly
Published 11 Jan, 2019 12:00am
Asia Rice: India rates rise, Vietnam prices unchanged

Asia Rice: India rates rise, Vietnam prices unchanged

Rice export prices in India rose this week due to a rally in local rates, while Thai and Vietnam prices are expected to drop in the coming weeks with fresh supplies hitting the market.
Published 11 Jan, 2019 12:00am
Asia fuel oil crack Narrowed

Asia fuel oil crack Narrowed

The price differential of the front-month 180-cst fuel oil crack narrowed its discount to Dubai crude to near parity on Thursday in spite of sharp gains in crude oil prices this week. The February 180-cst fuel oil crack to Dubai crude was at minus 3 cents
Published 11 Jan, 2019 12:00am
China's iron ore futures dipped

China's iron ore futures dipped

China's iron ore futures dipped by more than 1 percent on Thursday, as emergency anti-pollution measures in the north of the country dampened demand for steelmaking raw materials. The Ministry of Ecology and Environment said late on Wednesday that it expe
Published 11 Jan, 2019 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 139,114 tonnes of cargo comprising 100,127 tonnes of import cargo and 38,987 tonnes of export cargo including 8,883 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of
Published 11 Jan, 2019 12:00am
Trading activity improves on mills' buying
Cotton

Trading activity improves on mills' buying

Trading activity improved on the cotton market on Thursday on active buying by mills, dealers said. The official spot rate was unchanged at Rs.8,700 they added. Price of seed cotton in Sindh were at Rs. 3,000-3,800, in the Punjab seed cotton price at Rs.3
Published 11 Jan, 2019 12:00am
Indian sugar mills struggling to export surplus

Indian sugar mills struggling to export surplus

India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi as a strengthening rupee and falling global prices make shipments unattractive despite a government push for overseas sales, industry officials said.
Published 11 Jan, 2019 12:00am
China moon rover 'Jade Rabbit' wakes from 'nap'

China moon rover 'Jade Rabbit' wakes from 'nap'

China's lunar rover got back to work on the far side of the moon Thursday after waking from a five-day hibernation, its official social media page announced.
Published 11 Jan, 2019 12:00am
Legal aid fund launched for WikiLeaks founder Assange

Legal aid fund launched for WikiLeaks founder Assange

A British charity helping whistleblowers around the world on Thursday launched a legal aid fund for WikiLeaks founder Julian Assange, warning his expulsion from Ecuador's embassy in London "may be imminent".
Published 11 Jan, 2019 12:00am
Japanese PM voices hope Britain can avoid no-deal Brexit

Japanese PM voices hope Britain can avoid no-deal Brexit

Japanese Prime Minister Shinzo Abe said Thursday he hoped Britain would avoid crashing out of the European Union without an agreement, as he threw his support behind the government's contentious Brexit deal days before a vote by MPs.
Published 11 Jan, 2019 12:00am
Central Africa army head came to Russia for training

Central Africa army head came to Russia for training

The defence minister of the Central African Republic said in an interview published Thursday that the chief-of-staff of the conflict-riven nation's army had been in Russia for training.
Published 11 Jan, 2019 12:00am
US conducts series of strikes in Somalia

US conducts series of strikes in Somalia

US forces have conducted a series of air strikes in Somalia in recent days, including one announced Wednesday that officials said killed six jihadists.
Published 11 Jan, 2019 12:00am
US Air Force takes delivery of first KC-46 tanker

US Air Force takes delivery of first KC-46 tanker

The US Air Force on Thursday took delivery of its first KC-46A Pegasus tanker, though the new type of aerial refueler remains beset with technical problems and is not fully operational.
Published 11 Jan, 2019 12:00am
Merkel visits Athens to promote post-austerity ties

Merkel visits Athens to promote post-austerity ties

German Chancellor Angela Merkel arrives in Greece amid tight security on Thursday, as she looks to turn the page on the biting austerity measures that sparked major protests during her last official visit to Athens in 2014.
Published 11 Jan, 2019 12:00am
Amnesty calls for international probe into Khashoggi murder

Amnesty calls for international probe into Khashoggi murder

Amnesty International on Thursday called for an international investigation into the murder of Saudi journalist Jamal Khashoggi, in a ceremony marking the 100th day since his killing sparked global outrage.
Published 11 Jan, 2019 12:00am
Xi hopes US, North Korea will 'meet halfway'

Xi hopes US, North Korea will 'meet halfway'

Chinese President Xi Jinping offered North Korean leader Kim Jong Un firm backing in deadlocked nuclear talks with the United States, insisting the two sides should meet "halfway", state media said Thursday.
Published 11 Jan, 2019 12:00am
China offers Elon Musk permanent residency

China offers Elon Musk permanent residency

Tesla boss Elon Musk has been offered a "green card", China said Thursday, a privilege enjoyed by an elite group of foreigners, including several Nobel laureates and a former NBA star.
Published 11 Jan, 2019 12:00am
EU slams Maduro's 'non-democratic' new term in Venezuela

EU slams Maduro's 'non-democratic' new term in Venezuela

The EU on Thursday condemned Venezuelan President Nicolas Maduro's new term of office as based on "non-democratic elections" and warned it was ready to impose fresh sanctions if Caracas further undermined democracy or human rights.
Published 11 Jan, 2019 12:00am
Supply of RLNG to CNG stations in Punjab to resume today

Supply of RLNG to CNG stations in Punjab to resume today

Sui Northern Gas Pipelines Limited (SNGPL) is set to restore supply of regasified liquefied natural gas (RLNG) to CNG stations of Punjab including Potohar region, and fuel stations will reopen after 15 days from 06:00am today (Friday).
Published 11 Jan, 2019 12:00am
FPCCI delegation visits Gwadar Free Zone

FPCCI delegation visits Gwadar Free Zone

Chairman of China Overseas Ports Holding Company (COPHC), Zhang Baozhong has assured FPCCI delegation that he will recommend to the Chinese Government to waive 6 percent import duty for export industry setup in Gwadar Free Zone.
Published 11 Jan, 2019 12:00am
ABL, IBM sign accord to deploy big data platform

ABL, IBM sign accord to deploy big data platform

Allied Bank (ABL) has joined hands with IBM and Oracle to embark on its cognitive journey on Oracle Big Data Platform. A signing ceremony was held at Allied Bank head office in Lahore, and attended by Tahir Hassan Qureshi - CEO of Allied Bank, Mujahid Ali
Published 11 Jan, 2019 12:00am
Dietary guidelines : PFA arranges awareness camp

Dietary guidelines : PFA arranges awareness camp

The Punjab Food Authority (PFA) arranged a one-day awareness camp on 'The Role of Diet in Management of Diabetes' for public in Services Hospital on Thursday. Nutritionists briefed more than 500 people about dietary guidelines after their complete medical
Published 11 Jan, 2019 12:00am
PTA for removal of irritants affecting leather export

PTA for removal of irritants affecting leather export

In the backdrop of continuously diminishing export of leather and leather garments, the Pakistan Tanners Association (PTA) highlighted the irritants hampering exports and requested the Prime Minister to intervene in the situation in the larger interest of
Published 11 Jan, 2019 12:00am
PRGMEA hopes PM will bail country out of economic crisis

PRGMEA hopes PM will bail country out of economic crisis

The Pakistan Readymade Garments Manufacturers and Exporters Association has expressed high hopes for the government and is confident that Prime minister Imran and his economic team will bail the country out of the economic crisis by paying special attenti
Published 11 Jan, 2019 12:00am
BizFest 2018 held in Lahore

BizFest 2018 held in Lahore

A technology conference 'BizFest 2018' was held here in the city where experts from various industries delivered speeches about the state of technology, startups, entrepreneurship and innovation in Pakistan. The conference was organized by the Google Busi
Published 11 Jan, 2019 12:00am
Elahi, Chinese envoy discuss various issues

Elahi, Chinese envoy discuss various issues

Chinese Ambassador Yao Jing called on acting Punjab Governor Chaudhry Parvez Elahi at Governor House here on Thursday and discussed matters of mutual interest. Talking on the occasion, Elahi said that Pak-China friendship embodies durable peace in the reg
Published 11 Jan, 2019 12:00am
Maryam and other PML-N leaders meet Nawaz in Kot Lakhpat jail

Maryam and other PML-N leaders meet Nawaz in Kot Lakhpat jail

Pakistan Muslim League-Nawaz (PML-N) leaders including Maryam Nawaz and her son Junaid Safdar met former prime minister Nawaz Sharif at Kot Lakhpat Jail on Thursday. Maryam Nawaz also brought homemade food for her father. During the visit, Maryam enquired
Published 11 Jan, 2019 12:00am
Regional health authorities to be set up in Punjab

Regional health authorities to be set up in Punjab

The provincial health minister Prof. Dr. Yasmin Rashid Thursday chaired a meeting, which reviewed the draft bill for the establishment of regional health authorities (RHAs) in the province. The RHAs would be established in each divisional headquarters. At
Published 11 Jan, 2019 12:00am
ACCA launches new report on SME vision, strategy

ACCA launches new report on SME vision, strategy

SME experts said that key success drivers like vision, people and strategy underpinned by excellent leadership help businesses seeking to scale-up and prosper, at ACCA's report launch event in Lahore. Success in scaling-up is not only good for the busines
Published 11 Jan, 2019 12:00am
Farah Masood assumes charge of PEF's MD

Farah Masood assumes charge of PEF's MD

Dr Farah Masood on Monday assumed the charge of Managing Director - Punjab Education Foundation. She is a senior civil servant from 26th Common Training Programme of Pakistan Administrative Service (PAS) with a vast managerial experience spanning well ove
Published 11 Jan, 2019 12:00am
LUMS faculty wins Facebook research award

LUMS faculty wins Facebook research award

The Lahore University of Management Sciences ( LUMS) has won the highly competitive Facebook Integrity Foundational Research Award worth $50,000 for their proposal, "Understanding the Impact of Digital Literacy on Misinformation in Pakistan" through two p
Published 11 Jan, 2019 12:00am
OPC lauds services of overseas Pakistanis

OPC lauds services of overseas Pakistanis

Vice Chairperson Overseas Pakistan Commission, Waseem Akthar has said that overseas Pakistanis are valuable asset of the country and making great contribution in the economy by their receipts. While talking to a delegation of Overseas Pakistanis belonging
Published 11 Jan, 2019 12:00am
Chinese envoy suggests steps to attract huge investment in Pakistan

Chinese envoy suggests steps to attract huge investment in Pakistan

Ambassador of China to Pakistan Yao Jing has said that good trade policies, low rate of taxes, tax incentives and business-friendly environment in Pakistan can attract huge Chinese investment. He was speaking at the Lahore Chamber of Commerce & Industry.
Published 11 Jan, 2019 12:00am
Amir Tufail named SNGPL MD

Amir Tufail named SNGPL MD

The government and BoD on Thursday appointed Amir Tufail managing director of Sui Northern Gas Pipelines Limited-the country's largest gas distribution company.
Published 11 Jan, 2019 12:00am
SAPS not ready to pay CUTE, space charges to PCAA

SAPS not ready to pay CUTE, space charges to PCAA

M/s SAPS, a project of Shaheen Foundation, is reportedly not ready to pay CUTE (common user terminal equipment) and space charges to Pakistan Civil Aviation Authority (PCAA) for the last 17 years. This has been highlighted for the past many years by the A
Published 11 Jan, 2019 12:00am
HVACR building services expo to begin on February 13

HVACR building services expo to begin on February 13

The 26th Pakistan HVACR Building Services Expo and Conference will be held at the Karachi Expo Centre from February 13 to 15, 2019. The 3-day mega engineering event is primarily aimed at showcasing the latest technology and developments in local and inter
Published 11 Jan, 2019 12:00am
Government eyes investment pacts with Saudi Arabia, UAE

Government eyes investment pacts with Saudi Arabia, UAE

The government expects to sign investment agreements with Saudi Arabia and the United Arab Emirates in the coming weeks, the prime minister's office said, as Islamabad builds on its ties with states that have recently lent it billions of dollars.
Published 11 Jan, 2019 12:00am
Government eyes investment pacts with Saudi Arabia, UAE

Government eyes investment pacts with Saudi Arabia, UAE

The government expects to sign investment agreements with Saudi Arabia and the United Arab Emirates in the coming weeks, the prime minister's office said, as Islamabad builds on its ties with states that have recently lent it billions of dollars.
Published 11 Jan, 2019 12:00am
Rally in support of Port Qasim workers' demands held

Rally in support of Port Qasim workers' demands held

Trade unions, labour organizations and human rights activists took out a rally from Regal Chowk, Saddar to Karachi Press Club on Thursday in support of demands of the Port Qasim workers who are on strike for over three months.
Published 11 Jan, 2019 12:00am
SBP wins global award for promoting Islamic finance

SBP wins global award for promoting Islamic finance

The State Bank of Pakistan (SBP) has won the global award as the best Central Bank in promoting Islamic finance for the year 2018. The coveted award is conferred by Islamic Finance News (IFN), an arm of RED money Group, Malaysia. IFN Best Banks Poll is re
Published 11 Jan, 2019 12:00am
Low-cost houses: Centre asks Sindh to form task force

Low-cost houses: Centre asks Sindh to form task force

The federal government has urged the provincial government of Sindh to constitute a special task force on housing to construct low-cost houses for poor people of the province in which the former would extend maximum support to the latter.
Published 11 Jan, 2019 12:00am
Imran Farookhi appointed acting MD SSGC

Imran Farookhi appointed acting MD SSGC

SSGC's Board of Directors have appointed Imran Farookhi, DMD (Corporate Services) as the Acting Managing Director till such a time a new incumbent is appointed. Farookhi has been assigned the charge of Acting MD, in addition to his own existing portfolio
Published 11 Jan, 2019 12:00am
SBP denies news about PTI's undeclared accounts

SBP denies news about PTI's undeclared accounts

The State Bank of Pakistan on Thursday categorically denies a report relating to the bank accounts of Pakistan Tehreek-e-Insaf (PTI) to the Election Commission of Pakistan (ECP).
Published 11 Jan, 2019 12:00am
Nestlé Pakistan wins award

Nestlé Pakistan wins award

For the third consecutive time, Nestlé Pakistan won the First Prize for "Living the Global Compact Business Sustainability Award 2018", in the multi-national category, at the "Business Sustainability Moot and Living the Global Compact Best Practices Susta
Published 11 Jan, 2019 12:00am
Auto sales decline by three percent in 1HFY19

Auto sales decline by three percent in 1HFY19

The auto sales have declined by 3 percent in 1HFY19. According to Topline, the sales number to 120,066 units in 1HFY19, down by 3 percent YoY. This is the first time in 5 years that sales declined during the first half of a fiscal year since 1HFY13. The a
Published 11 Jan, 2019 12:00am
Seminar on 'HSE Vision' held at POF auditorium

Seminar on 'HSE Vision' held at POF auditorium

A seminar on HSE Vision-2019 was held at POF Auditorium under the auspices of HSE Department of POF. A detailed briefing was given to the employees about HSE Vision-2019. To improve the Organizational Cultural, performance by the officers and staff physic
Published 11 Jan, 2019 12:00am
CDWP recommends three mega projects to Ecnec for approval

CDWP recommends three mega projects to Ecnec for approval

The Central Development Working Party (CDWP) has recommended 3 mega projects to Executive Committee of National Economic Council (ECNEC) for its final approval. The projects include Emergency plan for Polio Eradication of US $986 million dollar , Nai Gaj
Published 11 Jan, 2019 12:00am
Qasir Imtiaz re-elected E&IP body chief

Qasir Imtiaz re-elected E&IP body chief

Karachi Metropolitan Corporation Election Committee has re-elected Qasir Imtiaz as chairman Enterprise & Investment Promotion (E&IP) for KMC. Qasir Imtiaz while talking to media persons at KMC Building here on Thursday said all illegal bazaars to be remov
Published 11 Jan, 2019 12:00am
IMC wins Global Compact Network Pakistan Award 2018

IMC wins Global Compact Network Pakistan Award 2018

The Global Compact Network Pakistan (GCNP) has conferred the second prize of Business Sustainability Award 2018 to Indus Motor Company (IMC) in the category of Multinational Companies. This prestigious award is granted in recognition of integrating the te
Published 11 Jan, 2019 12:00am
Process of issuing enrolment cards begins at KU

Process of issuing enrolment cards begins at KU

The Director Admission, University of Karachi, on Thursday announced that KU Admission Committee has issued the admission list and students who have secured their admissions after submitting fees are advised to complete their enrolment formalities.
Published 11 Jan, 2019 12:00am
Need for thalassaemia screening before marriage stressed

Need for thalassaemia screening before marriage stressed

Corporate Social Responsibility (CSR) and Corporate Social Investment (CSI) Activist on Thalassemia Eradication from Pakistan, Ateeq Ur Rehman has appealed President Arif Alvi and Prime Minister Imran Khan for immediate enforcement of "legislation on Thal
Published 11 Jan, 2019 12:00am
'Peace talks needed to bring stability in Afghanistan'

'Peace talks needed to bring stability in Afghanistan'

Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao on Thursday underscored the need for peace talks to bring stability in Afghanistan. According to a statement issued from Watan Kor in Peshawar, he was talking to a delegation from Afghanistan that
Published 11 Jan, 2019 12:00am
RD affects Sri Lankan exports to Pakistan: CG

RD affects Sri Lankan exports to Pakistan: CG

Sri Lankan Consul General G.L Gnanatheva has said that the imposition of regulatory duties (RDs) by Pakistani authorities have terribly affected his country's exports to Pakistan. "Although there is a good potential to improve trade ties yet our exporters
Published 11 Jan, 2019 12:00am
Fauji Foods signs MoU with Faisalabad Agriculture University

Fauji Foods signs MoU with Faisalabad Agriculture University

Fauji Foods Ltd and NIFSAT (National Institute of Food Science & Technology) - University of Agriculture Faisalabad, signed a Memorandum of Understanding (MOU) on cooperation under the Academia Endowment Program, amidst a special signing ceremony organize
Published 11 Jan, 2019 12:00am
SC judgement applies to all schools: CJP

SC judgement applies to all schools: CJP

The apex court on Thursday clarified that its judgement regarding reduction of fee by 20% is not confined to 22 schools but is for all the schools which are charging more than Rs 5,000 monthly fee from students. The 20% decrease on school fee will apply o
Published 11 Jan, 2019 12:00am
CJP's retirement: full-court reference to be held on January 17

CJP's retirement: full-court reference to be held on January 17

The full-court reference on eve of the retirement of Chief Justice of Pakistan Mian Saqib Nisar scheduled to be held on January 17, at 11:30 in courtroom No-1 in Supreme Court. The programme consists of speeches of Attorney General of Pakistan Anwar Manso
Published 11 Jan, 2019 12:00am
Federal capital: 'Crackdown on drug peddlers, land mafia to continue'

Federal capital: 'Crackdown on drug peddlers, land mafia to continue'

Inspector General of Police (IGP) Muhammad Aamir Zulfiqar on Thursday said that ongoing crackdown against drug peddlers and land mafia will continue in the federal capital. Addressing a ceremony at a private education institution, the IGP said that the on
Published 11 Jan, 2019 12:00am
Self-determination: President reassures Kashmiris of support

Self-determination: President reassures Kashmiris of support

President Dr Arif Alvi Thursday reassured the Kashmiri leadership of Pakistan's support to the Kashmiri people in the fulfilment of their legitimate right to self-determination as enshrined in the numerous United Nations Security Council Resolutions on Ja
Published 11 Jan, 2019 12:00am
KWSB to initiate anti-encroachment drive

KWSB to initiate anti-encroachment drive

Serving over 400 notices to alleged occupants to vacate its land and properties, Karachi Water & Sewerage Board (KW&SB) on Wednesday announced to initiate an anti-encroachment operation in the metropolis. The drive has been designed in compliance with the
Published 11 Jan, 2019 12:00am
Corruption reference: Arbab, Asma Alamgir indicted by AC

Corruption reference: Arbab, Asma Alamgir indicted by AC

An accountability court on Thursday indicted former federal minister Dr Arbab Alamgir and his wife Asma Alamgir, a former MNA, in a reference accusing them of possessing assets disproportionate to their known sources of income. The National Accountability
Published 11 Jan, 2019 12:00am
SC rejects Rao's plea seeking removal of name from ECL

SC rejects Rao's plea seeking removal of name from ECL

The Supreme Court on Thursday dismissed the application of Rao Anwar, the main accused in Naqeebullah Mehsud murder case, for removal of his name from Exit Control List (ECL) as he wishes to perform Ummrah and meet his children abroad.
Published 11 Jan, 2019 12:00am
Japanese navy ship conducts bilateral exercise

Japanese navy ship conducts bilateral exercise

Pakistan Navy and Japanese Maritime Self Defence Force (JMSDF) enjoy longstanding cordial relations. Both navies have been participating in Maritime Security Operations for a long time and conducting sea exercises at various occasions.
Published 11 Jan, 2019 12:00am
'If wishes were horses...'

'If wishes were horses...'

This is apropos a Business Recorder op-ed "If wishes were horses..." carried by the newspaper on Wednesday. The writer has, argued, among other things, that "We should have focused more on agro-industries rather than engineering industries. Also, w
Published 11 Jan, 2019 12:00am
US buyback market support may wane in 2019

US buyback market support may wane in 2019

US companies' shopping spree for their own shares helped put a floor on market declines in 2018. Don't look for the same level of support in 2019.
Published 11 Jan, 2019 12:00am
Exploiting our 'gold coast'

Exploiting our 'gold coast'

The emerging markets of Central Asia require that a sea-land (south-south) dimension to support the north-south axis be added for expansion, otherwise all facilities and opportunities are likely to be clogged because of unplanned urban population expansio
Published 11 Jan, 2019 12:00am
State oligarchy & tax breaks

State oligarchy & tax breaks

In a country where development outlay is cut drastically every year and an indomitable State Oligarchy enjoys unprecedented tax-free perquisites and perks at the expense of taxpayers, what can one expect other than fiscal chaos and double talk about loyal
Published 11 Jan, 2019 12:00am
Military courts' Extension

Military courts' Extension

The PTI government has decided, 'in principle', to extend the military courts' term that is due to expire on March 30, 2019. However, this may turn out to be a fool's errand since, according to Information Minister Fawad Chaudhry, the government does not
Updated 27 Jul, 2019 09:18am
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