News Archives for Print - 2019-08-10

Pakistan to target high-end export markets for honey exports: Razak

Pakistan is to target high-end export markets like the European Union (EU) for honey exports. This was conveyed by the Prime Minister's Advisor on Commerce, Textile, Industries and Production and Investment, Abdul Razak Dawood at a meeting with a delegati

Published 10 Aug, 2019 12:00am

Maryam's arrest aims to hide 'failed' policy on Kashmir: Shahbaz

The opposition leader in National Assembly Shahbaz Sharif on Friday accused the government of pushing the opposition against the wall, and termed Maryam's arrest a "distraction tactic" to hide its "failed" policy on Kashmir issue.

Published 10 Aug, 2019 12:00am

Strategy devised

On the directions of Punjab Cooperative Minister Mehr Muhammad Aslam Bharwana, the Punjab Cooperatives Department has devised a strategy to ensure cleanliness in cooperative housing societies on the occasion of Eid ul Azha.

Published 10 Aug, 2019 12:00am

Newly merged districts in KP: UNDP, Smeda sign agreement to form ECDF

The United Nations Development Programme (UNDP) has signed a letter of agreement with Small and Medium Enterprises Development Authority ((SMEDA) Pakistan for the formation of Economic Cooperation and Development Forum (ECDF) in the newly merged districts

Published 10 Aug, 2019 12:00am

Partly Facetious: Someone hiding in the bushes

"Maryam Nawaz is in again..."

Published 10 Aug, 2019 12:00am

Firing incident near residence: NAB official lodges FIR against unidentified culprits

The city police on Friday registered a case against unknown persons in connection with a firing incident near the residence of Deputy Prosecutor National Accountability Bureau (NAB) Sardar Muzaffar Abbasi. Industrial Area police station registered the fir

Published 10 Aug, 2019 12:00am

Sanchez conducts seminar in IMSciences Peshawar

Maria Teresa Daban Sanchez, Resident Representative of IMF, Pakistan, conducted a seminar in IMSciences Peshawar on "IMF Extended Fund Facility Arrangement for Pakistan" here on the other day. The seminar was attended by the students and faculty of IMScie

Published 10 Aug, 2019 12:00am

Senate body rejects PMDC Ordinance

A parliamentary panel while rejecting the Pakistan Medical and Dental Council (PMDC) Ordinance on Friday said that there should be no ordinance that causes loss to doctors and students across the country and affects the degrees and credibility of the inst

Published 10 Aug, 2019 12:00am

Cotton

PKI deplores delay in announcing cotton crop's support price

The Pakistan Kissan Ittehad (PKI) has said that delaying tactics are being used by the government circles to announce support price for cotton crop despite the recommendation of the National Assembly Special Committee on Agriculture and a resolution passe

Published 10 Aug, 2019 12:00am

BTW Pakistan launches flagship store in Peshawar

By The Way (BTW); a growing, revolutionary fashion house opened their store in the cultural and economic hub of Khyber Pakhtunkhwa, Peshawar. This premier event served as an opportunity for the people of Peshawar to experience fashion on a whole new level

Published 10 Aug, 2019 12:00am

SC summons federal secretaries Finance, P&D, AGP over KCR's revival

Supreme Court (SC) on Friday summoned Federal Secretaries Finance and Planning & Development and ordered Attorney General of Pakistan (AGP) to appear in person after the court was informed about the issues between federal and Sindh governments over reviva

Published 10 Aug, 2019 12:00am

Karachiites apprehend more sufferings during second spell of monsoon

Karachiites fear more sufferings in second spell of monsoon expected from Saturday (today), due to lack of coordination and blame game amongst all civic agencies to take the ownership of the city in this emergency like situation. The first phase of Federa

Published 10 Aug, 2019 12:00am

Plasti & Pack Expo, IFTECH to begin on August 27

The 17th International exhibition of plastics, printing, Plasti & Pack and 16th international exhibition of Food & Beverage processing & packaging, IFTECH Pakistan, is receiving tremendous response from the leading international and local companies. The e

Published 10 Aug, 2019 12:00am

KATI urges government not to make Malir River garbage dumping site

President of Korangi Association of Trade and Industry (KATI) Danish Khan has urged Federal Minister Ali Zaidi, Karachi Mayor Wasim Akhtar and Commissioner Karachi to take notice of garbage dumping in Malir River He expressed concern over garbage dumping

Published 10 Aug, 2019 12:00am

Police-NKATI plan for security of industrial area finalised

North Karachi Association of Trade and Industry (NKATI) and Police Department jointly devised a special security plan to control robbery and crime incidents in NK industrial area during Eid al-Adha. In this regard, NKATI president Syed Tariq Rashid presid

Published 10 Aug, 2019 12:00am

Exchange

PSX to remain closed till August 15

Pakistan Stock Exchange (PSX) will remain closed from Monday, August 12, till Thursday, August 15, 2019 on account of Eid-ul-Azha and Independent Day of Pakistan. This was announced by PSX in a notice sent to all TRE Certificate Holders, staff and other c

Published 10 Aug, 2019 12:00am

RTO II Karachi achieves 46pc growth in tax collection

Regional Tax Office (RTO)-II, Karachi has witnessed 46 percent growth in overall tax collection during July, 2019. According to details, the tax office has collected Rs 9.081 billion on account of income tax in July 2019 as compared to Rs 6.1 billion coll

Published 10 Aug, 2019 12:00am

China gifts three cargo scanning machines to JIA's MCC

China has gifted three cargo scanning machines to the Model Customs Collectorate (MCC) of the Jinnah International Airport (JIAP), Karachi. The Chinese Consul General Wang Yu handed over the cargo scanning machines to MCC at a ceremony held here on Friday

Published 10 Aug, 2019 12:00am

Eidul Azha: SBP issues fresh banknotes worth Rs 284 billion

The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP Banking Services Corporation (SBP BSC), issued fresh banknotes of various denominations aggregating to Rs 284 billion, including Rs 274 billion via commercial banks and Rs 10

Published 10 Aug, 2019 12:00am

SK Imagine Cup held

SK Hydro (Pvt) Ltd organized "SK Imagine Cup," an English Speech Competition in Suki Kinari Hydro power Project area here on the other day. This competition was held to promote the friendship between China and Pakistan and to widen the scope of cooperatio

Published 10 Aug, 2019 12:00am

Electrocution cases: Karachi mayor calls for legal action against KE

Mayor Karachi Waseem Akhtar on Friday underscored the need of legal action against K-Electric for electrocution of some 21 persons including children due to its 'negligence' to provide safe supply of electricity to the city in the recent rains. Taking to

Published 10 Aug, 2019 12:00am

Exchange

Amusement parks seek representation in NTCB

Industry of amusement and recreational parks with multi billion rupees annual turnover has urged the federal government to consider taking it on board in its recent initiative of National Tourism Coordination Board (NTCB). The NTCB recently formed to regu

Published 10 Aug, 2019 12:00am

'GSolar committed to addressing country's energy deficit'

With an installed capacity of over 20 MW, GSolar is committed to addressing the rural, agricultural, residential, commercial & industrial markets in Pakistan. GSolar - a solar EPC company offering an in-house PPA facility was established by three experien

Published 10 Aug, 2019 12:00am

Chinajoy Gaming Expo: OPPO unveils two innovative technologies

OPPO premiered two innovative technologies at the Chinajoy Gaming Expo in Shanghai, China, on August 2, showcasing a technology called 'Game Color Plus' to deliver ultra-realistic augmented imaging and a novel 'Dual Wi-Fi technology' that boosts network s

Published 10 Aug, 2019 12:00am

PA adjourned shortly after Opposition MPAs' protest

The Sindh Assembly proceedings on Friday lasted for a few minutes when deputy speaker Rehana Leghari announced adjourning the house. As soon as she came to chair the session, PTI's legislator Khurrum Sher Zaman Khan reacted: "You [Leghari] are the [acting

Published 10 Aug, 2019 12:00am

Exchange

Senate body urges govt to internationalise Kashmir issue

A parliamentary panel on Friday called for unambiguous India policy to counter Modi's fascism and asked the government to prepare an action plan to internationalize the Kashmir issue. The Senate Standing Committee on Foreign Affairs, which met with Senato

Published 10 Aug, 2019 12:00am

'Kashmir Bachao' rally held in Khyber district

Under the banner of Jamaat-e-Insami (JI) Youth wing, Kashmir Bachao (save Kashmir) rally was held to express solidarity with Kashmiris in Bara bazaar in tribal Khyber district on Friday. Scores of the youth of JI beside residents of the area participated

Published 10 Aug, 2019 12:00am

PBC body condemns arbitrary steps of India

Human Rights Committee of the Pakistan Bar Council has strongly condemned the unconstitutional, arbitrary and unilateral action of the Indian government to scrap special autonomous status of Indian Occupied Jammu & Kashmir by way of unlawful revocation of

Published 10 Aug, 2019 12:00am

Repealing of IHK's special status

Chairman Senate Muhammad Sadiq Sanjrani in consultation with Leader of the House and Leader of the Opposition in Senate has decided to send special delegations for highlighting the situation arising due to changes in the constitutional status of Indian-he

Published 10 Aug, 2019 12:00am

IoK situation: NA speaker contacts Turkey and Malaysian counterparts

Speaker National Assembly Asad Qaiser had telephonic contact with Speaker of Parliament of Malaysia Dato Mohammad Arif bin Mohammad Yusaf and Speaker of Grand National Assembly of Turkey Mustafa Sentop.

Published 10 Aug, 2019 12:00am

India sabotaging peace, UN resolution on Kashmir: Maleeha

Pakistan's permanent representative to UN Maleeha Lodhi on Friday said that India is sabotaging peace and resolution of United Nations on Kashmir. In an interview with private news channel, she said Pakistan wants permanent and peaceful solution of Kashmi

Published 10 Aug, 2019 12:00am

Bilawal vows to fight against 'so-called' accountability

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto Zardari has said that the PPP would not accept any pressure and would continue its struggle and fight against the so-called accountability. The PPP chairman expressed these views while talking to media

Published 10 Aug, 2019 12:00am

Eid-ul-Azha: ICT police finalise security plan

Islamabad Capital Territory (ICT) police have finalised a comprehensive security plan for Eid-ul-Azha and decided to augment security at public places, worship places and other important buildings to thwart any untoward incident.

Published 10 Aug, 2019 12:00am

Opposition parties' APC planned after Eid-ul-Azha

Rahbar Committee, an alliance of anti-government opposition parties having representation in the Parliament, has decided to convene an All Parties Conference (APC) of opposition parties to chalk out strategy against the Pakistan Tehreek-e-Insaf (PTI) gove

Published 10 Aug, 2019 12:00am

Prudent approach to situation

That the United Nations Secretary General has broken his silence over India's Kashmir decision is a fact. What is also heartening to note is that the government of Pakistan has stepped up its diplomatic pressure on India. I fully endorse Business Recorder

Published 10 Aug, 2019 12:00am

Smart home tech makes inroads into China's emerging elderly care market

Charging elderly clients just 1 yuan or about 15 cents a day, little-known Lanchuang Network Technology Corp has embarked on one of the most ambitious undertakings in aged care by a private sector firm in China.

Published 10 Aug, 2019 12:00am

Currency

Entrepreneur

Entrepreneur, entrepreneur, where art thou? Undoubtedly, based on empirical evidence, austerity and growth do not go hand in hand, and this has been proven again and again and again; most recently in the case of countries that had austerity shoved down th

Published 10 Aug, 2019 12:00am

Kashmir now under global spotlight

The National Security Council (NSC), which met last Wednesday under the Chairmanship of PM Imran Khan in the wake of India's recent unprecedented declaration on the status of occupied Jammu & Kashmir, resolved to downgrade Pakistan's diplomatic relations

Published 10 Aug, 2019 12:00am

Dual citizens in electoral process

Prime Minister Imran Khan has been an ardent advocate of overseas Pakistanis' voting right. Freshly enthused by the rousing reception he received from Pakistani-Americans during his recent visit to Washington, soon after return he chaired a cabinet meetin

Updated 10 Aug, 2019 07:29am

Cotton

Agri credit

Banks disbursed 1.1174 trillion rupees to the agriculture sector in 2018-19 against the target of 1.25 trillion rupees, according to data released by the State Bank of Pakistan (SBP). This reflected a rise of 20 percent in comparison to the year before an

Updated 10 Aug, 2019 07:21am

KE quizzed by Nepra

National Electric Power Regulatory Authority (Nepra) has quizzed top management of Karachi Electric (KE) on recent power woes of Karachiites due to torrential rains. The KE explained its position with respect to failure of power supply and fatal accidents

Published 10 Aug, 2019 12:00am

KE quizzed by Nepra

National Electric Power Regulatory Authority (Nepra) has quizzed top management of Karachi Electric (KE) on recent power woes of Karachiites due to torrential rains. The KE explained its position with respect to failure of power supply and fatal accidents

Published 10 Aug, 2019 12:00am

KE quizzed by Nepra

National Electric Power Regulatory Authority (Nepra) has quizzed top management of Karachi Electric (KE) on recent power woes of Karachiites due to torrential rains. The KE explained its position with respect to failure of power supply and fatal accidents

Published 10 Aug, 2019 12:00am

SC announces verdict: sentence of imprisonment no substitute for sentence of fine

The Supreme Court has declared that by undergoing a sentence of imprisonment in default of payment of fine a convict is not absolved of his liability to pay fine and the amount of fine can still be recovered from him despite undergoing the sentence of imp

Published 10 Aug, 2019 12:00am

SC announces verdict: sentence of imprisonment no substitute for sentence of fine

The Supreme Court has declared that by undergoing a sentence of imprisonment in default of payment of fine a convict is not absolved of his liability to pay fine and the amount of fine can still be recovered from him despite undergoing the sentence of imp

Published 10 Aug, 2019 12:00am

SC rejects NAB report over land allotment to Qatari

Supreme Court (SC) on Friday rejected the report of National Accountability Bureau (NAB) over allotment of land to a foreigner near an amusement park at Rashid Minhas Road, Karachi by terming it "unacceptable". At Karachi Registry, a three-member bench of

Published 10 Aug, 2019 12:00am

SC rejects NAB report over land allotment to Qatari

Supreme Court (SC) on Friday rejected the report of National Accountability Bureau (NAB) over allotment of land to a foreigner near an amusement park at Rashid Minhas Road, Karachi by terming it "unacceptable". At Karachi Registry, a three-member bench of

Published 10 Aug, 2019 12:00am

Afghan envoy calls on CoAS

Afghanistan Ambassador to Pakistan, Shukrullah Atif Mashal called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at GHQ on Friday. In a statement issued by the Inter-Services Public Relations (ISPR), matters pertaining to bilateral interests came

Published 10 Aug, 2019 12:00am

Afghan envoy calls on CoAS

Afghanistan Ambassador to Pakistan, Shukrullah Atif Mashal called on Chief of Army Staff (COAS) General Qamar Javed Bajwa at GHQ on Friday. In a statement issued by the Inter-Services Public Relations (ISPR), matters pertaining to bilateral interests came

Published 10 Aug, 2019 12:00am

Huawei unveils Harmony operating system, won''t ditch Android for smartphones

Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as US trade restrictions imposed in May threaten to cut the Chinese firm''s access to U.S. technologies such as Android. Huawei said that for now it

Published 10 Aug, 2019 12:00am

Huawei unveils Harmony operating system, won't ditch Android for smartphones

Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as US trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android. Huawei said that for now it

Published 10 Aug, 2019 12:00am

Huawei unveils Harmony operating system, won't ditch Android for smartphones

Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as US trade restrictions imposed in May threaten to cut the Chinese firm's access to U.S. technologies such as Android. Huawei said that for now it

Published 10 Aug, 2019 12:00am

Objections by registrar's office: SC to take up appeal on 22nd

The Supreme Court will take up on 22nd August an appeal against the objections of Registrar's Office on a plea for reconstitution of Supreme Judicial Council (SJC). Senior puisne judge, Justice Gulzar Ahmed, will hear the appeal against the objections rai

Published 10 Aug, 2019 12:00am

Objections by registrar's office: SC to take up appeal on 22nd

The Supreme Court will take up on 22nd August an appeal against the objections of Registrar's Office on a plea for reconstitution of Supreme Judicial Council (SJC). Senior puisne judge, Justice Gulzar Ahmed, will hear the appeal against the objections rai

Published 10 Aug, 2019 12:00am

PM given briefing on SEZs

Emphasising the need for early operationalisaion of Special Economic Zones (SEZs) in various parts of the country, Prime Minister Imran Khan stated on Friday that providing facilities of gas, electricity, water, and road infrastructure in industrial zones

Published 10 Aug, 2019 12:00am

PM given briefing on SEZs

Emphasising the need for early operationalisaion of Special Economic Zones (SEZs) in various parts of the country, Prime Minister Imran Khan stated on Friday that providing facilities of gas, electricity, water, and road infrastructure in industrial zones

Published 10 Aug, 2019 12:00am

PM given briefing on SEZs

Emphasising the need for early operationalisaion of Special Economic Zones (SEZs) in various parts of the country, Prime Minister Imran Khan stated on Friday that providing facilities of gas, electricity, water, and road infrastructure in industrial zones

Published 10 Aug, 2019 12:00am

Exchange

Cabinet approves appointment of Aamir as SECP chief

The federal cabinet Friday approved appointment of eminent financial sector professional Aamir Khan as chairman of the Securities and Exchange Commission of Pakistan (SECP). Aamir has been working as Commissioner Specialized Companies Division at SECP. It

Published 10 Aug, 2019 12:00am

Exchange

Cabinet approves appointment of Aamir as SECP chief

The federal cabinet Friday approved appointment of eminent financial sector professional Aamir Khan as chairman of the Securities and Exchange Commission of Pakistan (SECP). Aamir has been working as Commissioner Specialized Companies Division at SECP. It

Published 10 Aug, 2019 12:00am

Exchange

Cabinet approves appointment of Aamir as SECP chief

The federal cabinet Friday approved appointment of eminent financial sector professional Aamir Khan as chairman of the Securities and Exchange Commission of Pakistan (SECP). Aamir has been working as Commissioner Specialized Companies Division at SECP. It

Published 10 Aug, 2019 12:00am

IMF warns increasing US tariffs could cut China growth sharply

China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday. The International Monetary Fund trimmed its growth foreca

Published 10 Aug, 2019 12:00am

Exchange

KSE-100 Index suffers further pruning; BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session as the investors remained on the selling side following concerns over geopolitical situation. BRIndex100 lost 39.68 points or 1.29 percent to close at 3,044.93 points. BRIndex100 touched int

Published 10 Aug, 2019 12:00am

Exchange

KSE-100 Index suffers further pruning; BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session as the investors remained on the selling side following concerns over geopolitical situation. BRIndex100 lost 39.68 points or 1.29 percent to close at 3,044.93 points. BRIndex100 touched int

Published 10 Aug, 2019 12:00am

Exchange

KSE-100 Index suffers further pruning; BRIndex100 stays bearish

Pakistan Stock Exchange Friday witnessed another bearish session as the investors remained on the selling side following concerns over geopolitical situation. BRIndex100 lost 39.68 points or 1.29 percent to close at 3,044.93 points. BRIndex100 touched int

Updated 10 Aug, 2019 04:28am

July remittances post nominal growth YoY

Inflows of workers'' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 b

Published 10 Aug, 2019 12:00am

July remittances post nominal growth YoY

Inflows of workers' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 bi

Published 10 Aug, 2019 12:00am

July remittances post nominal growth YoY

Inflows of workers' remittances, sent by overseas Pakistanis, observed a slight growth of 3 percent (YoY) in the first month (July) of this fiscal year (FY20). Overseas Pakistani workers remitted $ 2.039 billion in July of FY20 as compared with $ 1.982 bi

Published 10 Aug, 2019 12:00am

Sale of gas: Ogra notifies up to 39pc hike in minimum charges

The Oil and Gas Regulatory Authority (OGRA) notified on Friday an increase of up to 39 percent in the minimum charges for gas consumers, other than domestic consumers, with effect from July 1, 2019. The notification states that the OGRA in supersession of

Published 10 Aug, 2019 12:00am

Sale of gas: Ogra notifies up to 39pc hike in minimum charges

The Oil and Gas Regulatory Authority (OGRA) notified on Friday an increase of up to 39 percent in the minimum charges for gas consumers, other than domestic consumers, with effect from July 1, 2019. The notification states that the OGRA in supersession of

Published 10 Aug, 2019 12:00am

Sale of gas: Ogra notifies up to 39pc hike in minimum charges

The Oil and Gas Regulatory Authority (OGRA) notified on Friday an increase of up to 39 percent in the minimum charges for gas consumers, other than domestic consumers, with effect from July 1, 2019. The notification states that the OGRA in supersession of

Published 10 Aug, 2019 12:00am

Pakistan to respond stronger in case of India misadventure: DG ISPR

Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor says Pakistan will respond stronger than that of 27 February 2019 in case of any misadventure from India. In a tweet reacting over allegations of Indian army chief, Asif Gh

Published 10 Aug, 2019 12:00am

Pakistan to respond stronger in case of India misadventure: DG ISPR

Director General Inter-Services Public Relations (ISPR) Major General Asif Ghafoor says Pakistan will respond stronger than that of 27 February 2019 in case of any misadventure from India. In a tweet reacting over allegations of Indian army chief, Asif Gh

Published 10 Aug, 2019 12:00am

Thousands protest in IOK

Indian police used tear gas and pellets to fight back at least 10,000 people protesting Delhi's withdrawal of special rights for Muslim-majority Jammu and Kashmir state in its main city of Srinagar on Friday, a police official and two witnesses said. The

Published 10 Aug, 2019 12:00am

The Weather

The weather report on Friday (August 09, 2019) and the forecast for Saturday (August 10, 2019).

Published 10 Aug, 2019 12:00am

Thousands protest in IOK

Indian police used tear gas and pellets to fight back at least 10,000 people protesting Delhi's withdrawal of special rights for Muslim-majority Jammu and Kashmir state in its main city of Srinagar on Friday, a police official and two witnesses said. The

Published 10 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

Crisis leads to tensions between Indian soldiers, Kashmiri police

India's national security adviser, Ajit Doval, has camped in Srinagar to monitor situation, officials said. Hundreds, including top pro-India Kashmiri leaders, have either been put under house arrest or formally arrested. The crisis also led to tensions b

Published 10 Aug, 2019 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

Crisis leads to tensions between Indian soldiers, Kashmiri police

India's national security adviser, Ajit Doval, has camped in Srinagar to monitor situation, officials said. Hundreds, including top pro-India Kashmiri leaders, have either been put under house arrest or formally arrested. The crisis also led to tensions b

Published 10 Aug, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 10 Aug, 2019 12:00am

Dawood not taken into confidence over trade suspension?

Ministry of Commerce and Textile on Friday suspended bilateral trade with India with immediate effect and until further orders after obtaining formal approval of the federal cabinet. The Ministry's Director General (Trade Policy) Muhammad Ashraf has issue

Published 10 Aug, 2019 12:00am

Exchange

LME official prices

The following were Thursday official prices.

Published 10 Aug, 2019 12:00am

Dawood not taken into confidence over trade suspension?

Ministry of Commerce and Textile on Friday suspended bilateral trade with India with immediate effect and until further orders after obtaining formal approval of the federal cabinet. The Ministry's Director General (Trade Policy) Muhammad Ashraf has issue

Published 10 Aug, 2019 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

Thar Express service to be suspended as well

After suspending Samjhauta Express, Pakistan on Friday announced to shut down Thar Express, another train service for India, as Islamabad has downgraded its diplomatic ties with New Delhi. Addressing a press conference, Sheikh Rashid Ahmed announced that

Published 10 Aug, 2019 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 09, 2019)

Published 10 Aug, 2019 12:00am

Thar Express service to be suspended as well

After suspending Samjhauta Express, Pakistan on Friday announced to shut down Thar Express, another train service for India, as Islamabad has downgraded its diplomatic ties with New Delhi. Addressing a press conference, Sheikh Rashid Ahmed announced that

Published 10 Aug, 2019 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

Exchange

Cabinet all praise for UN chief's statement

The federal cabinet on Friday hailed a statement by UN Secretary General Antonio Guterres on Kashmir and decided to include opposition members in a recently formed committee on latest development on Kashmir issue. "The federal cabinet admired UN Secretary

Published 10 Aug, 2019 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

Exchange

Cabinet all praise for UN chief's statement

The federal cabinet on Friday hailed a statement by UN Secretary General Antonio Guterres on Kashmir and decided to include opposition members in a recently formed committee on latest development on Kashmir issue. "The federal cabinet admired UN Secretary

Published 10 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

China says will continue to support Pakistan

Chinese Foreign Minister and State Councilor Wang Yi supported Pakistan's position on Kashmir, calling for settlement of issue on the basis of relevant UN resolutions. This he stated here on Friday during his meeting with the Foreign Minister Shah Mahmood

Published 10 Aug, 2019 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

China says will continue to support Pakistan

Chinese Foreign Minister and State Councilor Wang Yi supported Pakistan's position on Kashmir, calling for settlement of issue on the basis of relevant UN resolutions. This he stated here on Friday during his meeting with the Foreign Minister Shah Mahmood

Published 10 Aug, 2019 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

More than 2 million perform Hajj today

More than two million Muslims begin the annual Hajj on Friday as the Saudi hosts seek to deter politicisation of the pilgrimage against a backdrop of simmering Gulf tensions. The Hajj, one of the world's largest annual religious gatherings, is one of the

Published 10 Aug, 2019 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (August 09, 2019).

Published 10 Aug, 2019 12:00am

More than 2 million perform Hajj today

More than two million Muslims begin the annual Hajj on Friday as the Saudi hosts seek to deter politicisation of the pilgrimage against a backdrop of simmering Gulf tensions. The Hajj, one of the world's largest annual religious gatherings, is one of the

Published 10 Aug, 2019 12:00am

Currency

THE RUPEE: all-round decline

The rupee failed to sustain rising trend against the dollar on the money market on Friday in process of trading activity, dealers said.

Published 10 Aug, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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