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Print - 2019-02-28
Revenue collection: NA body members concerned at shortfall

Revenue collection: NA body members concerned at shortfall

The members of the National Assembly''s Standing Committee on Finance has shown concern over shortfall in revenue collection and asked the tax authorities to focus on the direct tax policy instead of indirect taxes. The meeting of the finance committee ch
Published 28 Feb, 2019 12:00am
Revenue collection: NA body members concerned at shortfall

Revenue collection: NA body members concerned at shortfall

The members of the National Assembly's Standing Committee on Finance has shown concern over shortfall in revenue collection and asked the tax authorities to focus on the direct tax policy instead of indirect taxes. The meeting of the finance committee cha
Published 28 Feb, 2019 12:00am
Revenue collection: NA body members concerned at shortfall

Revenue collection: NA body members concerned at shortfall

The members of the National Assembly's Standing Committee on Finance has shown concern over shortfall in revenue collection and asked the tax authorities to focus on the direct tax policy instead of indirect taxes. The meeting of the finance committee cha
Published 28 Feb, 2019 12:00am
Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry of Planning, Development and Reforms Wednesday blamed Water and Power Development Authority (WAPDA) for intentionally delaying Diamer-Bhasha Dam project, which will generate 4500 MW electricity. The 2nd meeting of the National Assembly Standing C
Published 28 Feb, 2019 12:00am
Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry of Planning, Development and Reforms Wednesday blamed Water and Power Development Authority (WAPDA) for intentionally delaying Diamer-Bhasha Dam project, which will generate 4500 MW electricity. The 2nd meeting of the National Assembly Standing C
Published 28 Feb, 2019 12:00am
Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry blames Wapda for delaying Diamer-Bhasha Dam project

Ministry of Planning, Development and Reforms Wednesday blamed Water and Power Development Authority (WAPDA) for intentionally delaying Diamer-Bhasha Dam project, which will generate 4500 MW electricity. The 2nd meeting of the National Assembly Standing C
Published 28 Feb, 2019 12:00am
Up to Rs 9.44 increase in POL prices proposed

Up to Rs 9.44 increase in POL prices proposed

The Oil and Gas Regulatory Authority has recommended up to Rs 9.44 per litre increase in the prices of petroleum products for the month of March. In a summary forwarded to the Petroleum and Finance Divisions, the OGRA has recommended an increase in the pr
Published 28 Feb, 2019 12:00am
Up to Rs 9.44 increase in POL prices proposed

Up to Rs 9.44 increase in POL prices proposed

The Oil and Gas Regulatory Authority has recommended up to Rs 9.44 per litre increase in the prices of petroleum products for the month of March. In a summary forwarded to the Petroleum and Finance Divisions, the OGRA has recommended an increase in the pr
Published 28 Feb, 2019 12:00am
Up to Rs 9.44 increase in POL prices proposed

Up to Rs 9.44 increase in POL prices proposed

The Oil and Gas Regulatory Authority has recommended up to Rs 9.44 per litre increase in the prices of petroleum products for the month of March. In a summary forwarded to the Petroleum and Finance Divisions, the OGRA has recommended an increase in the pr
Published 28 Feb, 2019 12:00am
Doctor performs first 5G surgery in step towards robotics 'dream'

Doctor performs first 5G surgery in step towards robotics 'dream'

Next-generation wireless technology is taking the medical world a crucial step closer to robots performing remotely-controlled surgery, a doctor in Spain said Wednesday after carrying out the world's first 5G-powered telementored operation. Doctors have t
Published 28 Feb, 2019 12:00am
Doctor performs first 5G surgery in step towards robotics 'dream'

Doctor performs first 5G surgery in step towards robotics 'dream'

Next-generation wireless technology is taking the medical world a crucial step closer to robots performing remotely-controlled surgery, a doctor in Spain said Wednesday after carrying out the world's first 5G-powered telementored operation. Doctors have t
Published 28 Feb, 2019 12:00am
UAE underground oil store to boost 'energy security'

UAE underground oil store to boost 'energy security'

Abu Dhabi's state oil firm said Wednesday it has signed a $1.2 billion deal to build a storage facility on the Arabian Sea, as it seeks to bypass waters Iran has threatened to close. Abu Dhabi National Oil Co. (ADNOC) said it had awarded a contract to Sou
Published 28 Feb, 2019 12:00am
UAE underground oil store to boost 'energy security'

UAE underground oil store to boost 'energy security'

Abu Dhabi's state oil firm said Wednesday it has signed a $1.2 billion deal to build a storage facility on the Arabian Sea, as it seeks to bypass waters Iran has threatened to close. Abu Dhabi National Oil Co. (ADNOC) said it had awarded a contract to Sou
Published 28 Feb, 2019 12:00am
Trump, Kim optimistic over nuclear talks

Trump, Kim optimistic over nuclear talks

US President Donald Trump and North Korean leader Kim Jong Un smiled, shook hands and dined Wednesday in Hanoi, expressing optimism that their highly personal brand of diplomacy will lead to a deal on the totalitarian state's nuclear weapons. At the start
Published 28 Feb, 2019 12:00am
Trump, Kim optimistic over nuclear talks

Trump, Kim optimistic over nuclear talks

US President Donald Trump and North Korean leader Kim Jong Un smiled, shook hands and dined Wednesday in Hanoi, expressing optimism that their highly personal brand of diplomacy will lead to a deal on the totalitarian state's nuclear weapons. At the start
Published 28 Feb, 2019 12:00am
CAA says airspace partially restored

CAA says airspace partially restored

The Civil Aviation Authority (CAA) announced partially restoring Pakistan''s airspace after keeping it closed for several hours on Wednesday.
Published 28 Feb, 2019 12:00am
CAA says airspace partially restored

CAA says airspace partially restored

The Civil Aviation Authority (CAA) announced partially restoring Pakistan's airspace after keeping it closed for several hours on Wednesday.
Published 28 Feb, 2019 12:00am
CAA says airspace partially restored

CAA says airspace partially restored

The Civil Aviation Authority (CAA) announced partially restoring Pakistan's airspace after keeping it closed for several hours on Wednesday.
Published 28 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Wednesday remained under heavy pressure due to panic selling on Pak-India border tensions. BRIndex100 lost 20.58 points or 0.5 percent to close at 4,096.78 points. BRIndex100 touched intraday high of 4,115.92 and intraday low of 3,
Published 28 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Wednesday remained under heavy pressure due to panic selling on Pak-India border tensions. BRIndex100 lost 20.58 points or 0.5 percent to close at 4,096.78 points. BRIndex100 touched intraday high of 4,115.92 and intraday low of 3,
Published 28 Feb, 2019 12:00am
BRIndex100 extends losses

BRIndex100 extends losses

Pakistan Stock Exchange Wednesday remained under heavy pressure due to panic selling on Pak-India border tensions. BRIndex100 lost 20.58 points or 0.5 percent to close at 4,096.78 points. BRIndex100 touched intraday high of 4,115.92 and intraday low of 3,
Published 28 Feb, 2019 12:00am
PM to announce Rs 3,500/maund indicative price for cotton
Cotton

PM to announce Rs 3,500/maund indicative price for cotton

Prime Minister Imran Khan will announce Rs 3,500 per maund (40kg) indicative price for cotton in the next month with an aim to control speedily declining cotton cultivation area in the country. "The Ministry of National Food Security and Research (MNFS&R)
Published 28 Feb, 2019 12:00am
PM to announce Rs 3,500/maund indicative price for cotton
Cotton

PM to announce Rs 3,500/maund indicative price for cotton

Prime Minister Imran Khan will announce Rs 3,500 per maund (40kg) indicative price for cotton in the next month with an aim to control speedily declining cotton cultivation area in the country. "The Ministry of National Food Security and Research (MNFS&R)
Published 28 Feb, 2019 12:00am
PM to announce Rs 3,500/maund indicative price for cotton
Cotton

PM to announce Rs 3,500/maund indicative price for cotton

Prime Minister Imran Khan will announce Rs 3,500 per maund (40kg) indicative price for cotton in the next month with an aim to control speedily declining cotton cultivation area in the country. "The Ministry of National Food Security and Research (MNFS&R)
Published 28 Feb, 2019 12:00am
Fund for dams: SC irked by SBP's lack of cooperation

Fund for dams: SC irked by SBP's lack of cooperation

The Supreme Court expressed dismay over non-cooperation by State Bank of Pakistan (SBP) in investment of funds collected for the construction of Diamer-Bhasha and Mohmand Dams. A five-member bench, headed by Justice Sheikh Azmat Saeed, heard the case rega
Published 28 Feb, 2019 12:00am
Fund for dams: SC irked by SBP's lack of cooperation

Fund for dams: SC irked by SBP's lack of cooperation

The Supreme Court expressed dismay over non-cooperation by State Bank of Pakistan (SBP) in investment of funds collected for the construction of Diamer-Bhasha and Mohmand Dams. A five-member bench, headed by Justice Sheikh Azmat Saeed, heard the case rega
Published 28 Feb, 2019 12:00am
Cabinet to discuss situation today

Cabinet to discuss situation today

A meeting of the federal cabinet has been convened today (Thursday) to discuss the current situation, following Indian incursion and Pakistan's befitting response to it. Prime Minister Imran Khan has convened the cabinet meeting with 12 points agenda but
Published 28 Feb, 2019 12:00am
Cabinet to discuss situation today

Cabinet to discuss situation today

A meeting of the federal cabinet has been convened today (Thursday) to discuss the current situation, following Indian incursion and Pakistan's befitting response to it. Prime Minister Imran Khan has convened the cabinet meeting with 12 points agenda but
Published 28 Feb, 2019 12:00am
US House strikes down Trump's border emergency

US House strikes down Trump's border emergency

The US House of Representatives dealt a blow to President Donald Trump on Tuesday, approving a resolution blocking him from obtaining funding for a Mexican border wall through his declaration of a national emergency. Dismissing a veto threat by the presid
Published 28 Feb, 2019 12:00am
US House strikes down Trump's border emergency

US House strikes down Trump's border emergency

The US House of Representatives dealt a blow to President Donald Trump on Tuesday, approving a resolution blocking him from obtaining funding for a Mexican border wall through his declaration of a national emergency. Dismissing a veto threat by the presid
Published 28 Feb, 2019 12:00am
$2.705 billion foreign aid received in seven months

$2.705 billion foreign aid received in seven months

The country provisionally received $2.705 billion foreign assistance in the first seven months (July-January) of current financial year 2018-19 against $6.882 billion during the same period of last year (2017-18), showing a reduction of about 60 percent.
Published 28 Feb, 2019 12:00am
$2.705 billion foreign aid received in seven months

$2.705 billion foreign aid received in seven months

The country provisionally received $2.705 billion foreign assistance in the first seven months (July-January) of current financial year 2018-19 against $6.882 billion during the same period of last year (2017-18), showing a reduction of about 60 percent.
Published 28 Feb, 2019 12:00am
$2.705 billion foreign aid received in seven months

$2.705 billion foreign aid received in seven months

The country provisionally received $2.705 billion foreign assistance in the first seven months (July-January) of current financial year 2018-19 against $6.882 billion during the same period of last year (2017-18), showing a reduction of about 60 percent.
Published 28 Feb, 2019 12:00am
The Weather

The Weather

The weather report on Wednesday (February 27, 2019) and the forecast for Thursday (February 28, 2019).

Published 28 Feb, 2019 12:00am
FBR to serve notices on 100 celebrities

FBR to serve notices on 100 celebrities

The Federal Board of Revenue (FBR) will serve notices on around 100 celebrities and prominent personalities including some politicians, persons belonging to showbiz, players and others high net worth individuals. Sources told Business Recorder here
Published 28 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Feb, 2019 12:00am
FBR to serve notices on 100 celebrities

FBR to serve notices on 100 celebrities

The Federal Board of Revenue (FBR) will serve notices on around 100 celebrities and prominent personalities including some politicians, persons belonging to showbiz, players and others high net worth individuals. Sources told Business Recorder here
Published 28 Feb, 2019 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 28 Feb, 2019 12:00am
FBR to serve notices on 100 celebrities

FBR to serve notices on 100 celebrities

The Federal Board of Revenue (FBR) will serve notices on around 100 celebrities and prominent personalities including some politicians, persons belonging to showbiz, players and others high net worth individuals. Sources told Business Recorder here
Published 28 Feb, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 27, 2019).

Published 28 Feb, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 27, 2019)

Published 28 Feb, 2019 12:00am
Specific details of JeM: India claims hands over 'dossier' to Pakistan

Specific details of JeM: India claims hands over 'dossier' to Pakistan

Pakistan and India summoned each other's top diplomats on Wednesday following a major escalation in tension, as New Delhi claimed it has handed over a "dossier" to Islamabad with specific details of Jaish-e-Mohammad's (JeM) alleged complicity in the Pulwa
Published 28 Feb, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (February 27, 2019).

Published 28 Feb, 2019 12:00am
Specific details of JeM: India claims hands over 'dossier' to Pakistan

Specific details of JeM: India claims hands over 'dossier' to Pakistan

Pakistan and India summoned each other's top diplomats on Wednesday following a major escalation in tension, as New Delhi claimed it has handed over a "dossier" to Islamabad with specific details of Jaish-e-Mohammad's (JeM) alleged complicity in the Pulwa
Published 28 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 27, 2019).

Published 28 Feb, 2019 12:00am
PM reiterates offer for dialogue

PM reiterates offer for dialogue

Prime Minister Imran Khan on Wednesday reiterated his offer for dialogue to India over Pulwama incident to de-escalate tension and resolve all outstanding issues including terrorism, saying that all wars are miscalculated and no one knows where they lead
Published 28 Feb, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 27, 2019).

Published 28 Feb, 2019 12:00am
PM reiterates offer for dialogue

PM reiterates offer for dialogue

Prime Minister Imran Khan on Wednesday reiterated his offer for dialogue to India over Pulwama incident to de-escalate tension and resolve all outstanding issues including terrorism, saying that all wars are miscalculated and no one knows where they lead
Published 28 Feb, 2019 12:00am
Two IAF aircraft shot down

Two IAF aircraft shot down

In a major escalation of tension on Wednesday, Pakistan said that two Indian military aircraft were shot down and one pilot was captured upon violating the Line of Control (LoC) when PAF aircraft undertook strikes across the LoC from within Pakistani airs
Published 28 Feb, 2019 12:00am
Two IAF aircraft shot down

Two IAF aircraft shot down

In a major escalation of tension on Wednesday, Pakistan said that two Indian military aircraft were shot down and one pilot was captured upon violating the Line of Control (LoC) when PAF aircraft undertook strikes across the LoC from within Pakistani airs
Published 28 Feb, 2019 12:00am
THE RUPEE: $ at Rs 139 on inter-bank market
Currency

THE RUPEE: $ at Rs 139 on inter-bank market

The rupee crossed an important barrier of 139 versus the dollar on the inter-bank market on Wednesday amid persistent tensions between India and Pakistan, dealers said. Commenting on the present trend in the money market, some currency experts observed th
Published 28 Feb, 2019 12:00am
Armed forces show capability, capacity

Armed forces show capability, capacity

Pakistan Armed Forces on Wednesday said that Pakistan has the capability and capacity to retaliate but they don't want to retaliate at the cost of regional peace since war is nothing but a failure of policy. In self-defence, Pakistan had to respond after
Published 28 Feb, 2019 12:00am
THE RUPEE: $ at Rs 139 on inter-bank market
Currency

THE RUPEE: $ at Rs 139 on inter-bank market

The rupee crossed an important barrier of 139 versus the dollar on the inter-bank market on Wednesday amid persistent tensions between India and Pakistan, dealers said. Commenting on the present trend in the money market, some currency experts observed th
Published 28 Feb, 2019 12:00am
Armed forces show capability, capacity

Armed forces show capability, capacity

Pakistan Armed Forces on Wednesday said that Pakistan has the capability and capacity to retaliate but they don't want to retaliate at the cost of regional peace since war is nothing but a failure of policy. In self-defence, Pakistan had to respond after
Published 28 Feb, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (February 27, 2019).

Published 28 Feb, 2019 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 28 Feb, 2019 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 28 Feb, 2019 12:00am
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