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Print - 2019-08-31
Absence of Commercial Counsellors
Exchange

Absence of Commercial Counsellors

According to a report in this newspaper on 26th August, 2019, the government has called back around 40 commercial counsellors without replacing them with the new ones which may hamper country's export prospects as well as exacerbate hardships for business
Updated 31 Aug, 2019 07:11am
Saudi FM concerned at complex situation

Saudi FM concerned at complex situation

Saudi Foreign Minister Dr Ibrahim bin Abdulaziz Al-Assaf has expressed concern over complex situation in Indian occupied Jammu and Kashmir during telephonic conversation with Foreign Minister Shah Mehmood Qureshi. According to statement of the Foreign Off
Published 31 Aug, 2019 12:00am
Bailable arrest warrants for ex-PM Pervez Ashraf issued

Bailable arrest warrants for ex-PM Pervez Ashraf issued

An accountability court on Friday issued bailable arrest warrants of former prime minister Raja Pervez Ashraf in case of making illegal appointments in Gujranwala Electric Power Company (Gepco). Earlier, the counsel of Pervez Ashraf appeared before the co
Published 31 Aug, 2019 12:00am
Bailable arrest warrants for ex-PM Pervez Ashraf issued

Bailable arrest warrants for ex-PM Pervez Ashraf issued

An accountability court on Friday issued bailable arrest warrants of former prime minister Raja Pervez Ashraf in case of making illegal appointments in Gujranwala Electric Power Company (Gepco). Earlier, the counsel of Pervez Ashraf appeared before the co
Published 31 Aug, 2019 12:00am
'Jihad' petition turned down by court

'Jihad' petition turned down by court

The Islamabad High Court Friday turned down a petition seeking the court's order to direct the government to declare Jihad (sacred war) in Kashmir. A single bench of IHC comprising Chief Justice Athar Minallah heard the petition and dismissed the same by
Published 31 Aug, 2019 12:00am
'Jihad' petition turned down by court

'Jihad' petition turned down by court

The Islamabad High Court Friday turned down a petition seeking the court's order to direct the government to declare Jihad (sacred war) in Kashmir. A single bench of IHC comprising Chief Justice Athar Minallah heard the petition and dismissed the same by
Published 31 Aug, 2019 12:00am
Assam on alert ahead of publication of citizenship register

Assam on alert ahead of publication of citizenship register

Tens of thousands of paramilitary personnel and police were deployed in India's border state of Assam on Friday, the eve of the publication of a citizenship register that could leave millions of people stateless, many of them Muslims. For the last four ye
Published 31 Aug, 2019 12:00am
Assam on alert ahead of publication of citizenship register

Assam on alert ahead of publication of citizenship register

Tens of thousands of paramilitary personnel and police were deployed in India's border state of Assam on Friday, the eve of the publication of a citizenship register that could leave millions of people stateless, many of them Muslims. For the last four ye
Published 31 Aug, 2019 12:00am
LNG case: Remand of Miftah, ex-MD PSO extended

LNG case: Remand of Miftah, ex-MD PSO extended

The Accountability Court Friday extended physical remand of former Finance Minister Miftah Ismail and ex-Managing Director Pakistan States Oil (PSO) Sheikh Imran-ul-Haq for another 14 days in the liquefied natural gas (LNG) case. The officials of National
Published 31 Aug, 2019 12:00am
LNG case: Remand of Miftah, ex-MD PSO extended

LNG case: Remand of Miftah, ex-MD PSO extended

The Accountability Court Friday extended physical remand of former Finance Minister Miftah Ismail and ex-Managing Director Pakistan States Oil (PSO) Sheikh Imran-ul-Haq for another 14 days in the liquefied natural gas (LNG) case. The officials of National
Published 31 Aug, 2019 12:00am
US service member killed in Afghanistan

US service member killed in Afghanistan

A US service member was killed in Afghanistan during combat operations, the NATO-led Resolute Support mission said in a statement on Friday, as the United States seeks to reach a negotiated end to the nearly 18-year-old war. It said the service member die
Published 31 Aug, 2019 12:00am
US service member killed in Afghanistan

US service member killed in Afghanistan

A US service member was killed in Afghanistan during combat operations, the NATO-led Resolute Support mission said in a statement on Friday, as the United States seeks to reach a negotiated end to the nearly 18-year-old war. It said the service member die
Published 31 Aug, 2019 12:00am
Raw tea to be assessed on basis of average retail price: FBR

Raw tea to be assessed on basis of average retail price: FBR

To facilitate tea manufacturers of famous brands, the Federal Board of Revenue (FBR) has exempted tea manufacturers from fixation of retail price of imported raw tea for the purpose of calculation of sales tax. The FBR has issued Sales Tax General Order n
Published 31 Aug, 2019 12:00am
Raw tea to be assessed on basis of average retail price: FBR

Raw tea to be assessed on basis of average retail price: FBR

To facilitate tea manufacturers of famous brands, the Federal Board of Revenue (FBR) has exempted tea manufacturers from fixation of retail price of imported raw tea for the purpose of calculation of sales tax. The FBR has issued Sales Tax General Order n
Published 31 Aug, 2019 12:00am
Country averted ratings downgrade: SBP chief
Exchange

Country averted ratings downgrade: SBP chief

State Bank of Pakistan (SBP) Governor Dr Reza Baqir Friday said that Pakistan's strategy was very successful in the recent meeting of Asia Pacific Group (APG) of Financial Action Task Force (FATF) as the country avoided any downgrade in individual ratings
Published 31 Aug, 2019 12:00am
Country averted ratings downgrade: SBP chief
Exchange

Country averted ratings downgrade: SBP chief

State Bank of Pakistan (SBP) Governor Dr Reza Baqir Friday said that Pakistan's strategy was very successful in the recent meeting of Asia Pacific Group (APG) of Financial Action Task Force (FATF) as the country avoided any downgrade in individual ratings
Published 31 Aug, 2019 12:00am
Government optimistic about FATF prospects
Exchange

Government optimistic about FATF prospects

The government has made positive progress in compliance with the recommendations of Financial Action Task Force (FATF) after April 2019 and would submit a report to its Working Group in September 2019. This was stated by Minister for Economic Affairs Divi
Published 31 Aug, 2019 12:00am
Government optimistic about FATF prospects
Exchange

Government optimistic about FATF prospects

The government has made positive progress in compliance with the recommendations of Financial Action Task Force (FATF) after April 2019 and would submit a report to its Working Group in September 2019. This was stated by Minister for Economic Affairs Divi
Published 31 Aug, 2019 12:00am
India growth slows to 5 percent in fresh blow to Modi

India growth slows to 5 percent in fresh blow to Modi

India's economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 percent, government figures showed Friday in a fresh blow to Prime Minister Narendra Modi. But in an effort to ease the liquidity crunch that has dogged Asia'
Published 31 Aug, 2019 12:00am
India growth slows to 5 percent in fresh blow to Modi

India growth slows to 5 percent in fresh blow to Modi

India's economic growth slowed for the fifth straight quarter in the April-to-June period to 5.0 percent, government figures showed Friday in a fresh blow to Prime Minister Narendra Modi. But in an effort to ease the liquidity crunch that has dogged Asia'
Published 31 Aug, 2019 12:00am
KSE-100 Index stays bearish: BRIndex100 extends losses
Exchange

KSE-100 Index stays bearish: BRIndex100 extends losses

Pakistan Stock Exchange Friday witnessed another bearish session due to panic selling on investor concern over geopolitical and economic situation. BRIndex100 lost 70.97 points or 2.26 percent to close at 3,075.81 points. BRIndex100 touched intraday high
Published 31 Aug, 2019 12:00am
KSE-100 Index stays bearish: BRIndex100 extends losses
Exchange

KSE-100 Index stays bearish: BRIndex100 extends losses

Pakistan Stock Exchange Friday witnessed another bearish session due to panic selling on investor concern over geopolitical and economic situation. BRIndex100 lost 70.97 points or 2.26 percent to close at 3,075.81 points. BRIndex100 touched intraday high
Published 31 Aug, 2019 12:00am
KSE-100 Index stays bearish: BRIndex100 extends losses
Exchange

KSE-100 Index stays bearish: BRIndex100 extends losses

Pakistan Stock Exchange Friday witnessed another bearish session due to panic selling on investor concern over geopolitical and economic situation. BRIndex100 lost 70.97 points or 2.26 percent to close at 3,075.81 points. BRIndex100 touched intraday high
Updated 31 Aug, 2019 04:33am
PM tells economic team to focus on SMEs promotion

PM tells economic team to focus on SMEs promotion

A meeting of the economic team chaired by Prime Minister Imran Khan Friday reviewed the current economic situation and steps taken to improve the business climate, increase exports, reduce current account deficit and stabilise economy. The meeting was att
Published 31 Aug, 2019 12:00am
PM tells economic team to focus on SMEs promotion

PM tells economic team to focus on SMEs promotion

A meeting of the economic team chaired by Prime Minister Imran Khan Friday reviewed the current economic situation and steps taken to improve the business climate, increase exports, reduce current account deficit and stabilise economy. The meeting was att
Published 31 Aug, 2019 12:00am
Hafeez asks PIA to ensure financial discipline

Hafeez asks PIA to ensure financial discipline

Advisor to Prime Minister on Finance, Abdul Hafeez Shaikh has asked the management of Pakistan International Airlines (PIA) to effectively utilise its assets, improve revenue streams and ensure efficiency and financial discipline. The government wants the
Published 31 Aug, 2019 12:00am
Hafeez asks PIA to ensure financial discipline

Hafeez asks PIA to ensure financial discipline

Advisor to Prime Minister on Finance, Abdul Hafeez Shaikh has asked the management of Pakistan International Airlines (PIA) to effectively utilise its assets, improve revenue streams and ensure efficiency and financial discipline. The government wants the
Published 31 Aug, 2019 12:00am
Deteriorating situation a threat to regional peace: CoAS

Deteriorating situation a threat to regional peace: CoAS

Chief of Army Staff General Qamar Javed Bajwa on Friday warned that the deteriorating situation in Indian occupied Jammu and Kashmir (IOJ&K) is a threat to regional peace. According to Inter-Services Public Relations (ISPR), the Army Chief stated this dur
Published 31 Aug, 2019 12:00am
Deteriorating situation a threat to regional peace: CoAS

Deteriorating situation a threat to regional peace: CoAS

Chief of Army Staff General Qamar Javed Bajwa on Friday warned that the deteriorating situation in Indian occupied Jammu and Kashmir (IOJ&K) is a threat to regional peace. According to Inter-Services Public Relations (ISPR), the Army Chief stated this dur
Published 31 Aug, 2019 12:00am
Pakistan, India hold technical talks on Kartarpur Corridor

Pakistan, India hold technical talks on Kartarpur Corridor

Officials from India and Pakistan on Friday discussed the technical modalities of the Kartarpur Corridor for the Sikh pilgrims, the first meeting after New Delhi revoked Jammu and Kashmir's special status leading to fresh tensions between the two countrie
Published 31 Aug, 2019 12:00am
Pakistan, India hold technical talks on Kartarpur Corridor

Pakistan, India hold technical talks on Kartarpur Corridor

Officials from India and Pakistan on Friday discussed the technical modalities of the Kartarpur Corridor for the Sikh pilgrims, the first meeting after New Delhi revoked Jammu and Kashmir's special status leading to fresh tensions between the two countrie
Published 31 Aug, 2019 12:00am
Cities, towns, villages across Pakistan come to a standstill

Cities, towns, villages across Pakistan come to a standstill

The nation following the call of Prime Minister Imran Khan observed the "Kashmir Solidarity Hour" from 12:00pm to 12:30pm across the country on Friday. On the occasion, the national anthems of Pakistan and Azad Jammu and Kashmir as well as sirens were pla
Published 31 Aug, 2019 12:00am
Cities, towns, villages across Pakistan come to a standstill

Cities, towns, villages across Pakistan come to a standstill

The nation following the call of Prime Minister Imran Khan observed the "Kashmir Solidarity Hour" from 12:00pm to 12:30pm across the country on Friday. On the occasion, the national anthems of Pakistan and Azad Jammu and Kashmir as well as sirens were pla
Published 31 Aug, 2019 12:00am
Provisional figures: Two-month collection shows Rs 68 billion shortfall

Provisional figures: Two-month collection shows Rs 68 billion shortfall

The Federal Board of Revenue (FBR) has provisionally collected Rs 576 billion in first two months of 2019-20 against the target of Rs 644 billion, reflecting a shortfall of Rs 68 billion. According to the provisional data compiled by the FBR here on Frida
Published 31 Aug, 2019 12:00am
Provisional figures: Two-month collection shows Rs 68 billion shortfall

Provisional figures: Two-month collection shows Rs 68 billion shortfall

The Federal Board of Revenue (FBR) has provisionally collected Rs 576 billion in first two months of 2019-20 against the target of Rs 644 billion, reflecting a shortfall of Rs 68 billion. According to the provisional data compiled by the FBR here on Frida
Published 31 Aug, 2019 12:00am
The Weather

The Weather

The weather report on Friday (August 30, 2019) and the forecast for Saturday (August 31, 2019).

Published 31 Aug, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 30, 2019).

Updated 31 Aug, 2019 09:19am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (August 30, 2019).

Published 31 Aug, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (August 30, 2019).

Published 31 Aug, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (August 30, 2019)

Published 31 Aug, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 30, 2019).

Published 31 Aug, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (August 30, 2019).

Published 31 Aug, 2019 12:00am
THE RUPEE: sharp gain
Currency

THE RUPEE: sharp gain

The rupee gained sharply against the dollar on the open market on Friday, dealers said.
Published 31 Aug, 2019 12:00am
THE RUPEE: sharp gain
Currency

THE RUPEE: sharp gain

The rupee gained sharply against the dollar on the open market on Friday, dealers said.
Published 31 Aug, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (August 30, 2019).

Published 31 Aug, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 31 Aug, 2019 12:00am