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Print - 2019-09-28
Tariffs of renewable energy projects to be re-determined

Tariffs of renewable energy projects to be re-determined

The government has decided to re-determine tariffs of all those renewable energy projects which had been granted tariffs more than a year, aimed at making their tariffs as per market environment, well-informed sources told Business Recorder.
Published 28 Sep, 2019 12:00am
Tariffs of renewable energy projects to be re-determined

Tariffs of renewable energy projects to be re-determined

The government has decided to re-determine tariffs of all those renewable energy projects which had been granted tariffs more than a year, aimed at making their tariffs as per market environment, well-informed sources told Business Recorder.
Published 28 Sep, 2019 12:00am
Egypt should allow peaceful protests: US

Egypt should allow peaceful protests: US

The United States wants Egypt to allow peaceful protests, a US official said Friday, as authoritarian President Abdel Fattah al-Sisi clamps down on demonstrations that have proliferated around the country.
Published 28 Sep, 2019 12:00am
Egypt should allow peaceful protests: US

Egypt should allow peaceful protests: US

The United States wants Egypt to allow peaceful protests, a US official said Friday, as authoritarian President Abdel Fattah al-Sisi clamps down on demonstrations that have proliferated around the country.
Published 28 Sep, 2019 12:00am
Brother gets life for 'honour killing' of Qandeel

Brother gets life for 'honour killing' of Qandeel

The brother of social media star Qandeel Baloch was on Friday sentenced to life in prison for her murder. Baloch, 26, who shot to fame for her risque selfies - tame by Western standards, but considered provocative in deeply misogynistic Pakistan - was str
Published 28 Sep, 2019 12:00am
Brother gets life for 'honour killing' of Qandeel

Brother gets life for 'honour killing' of Qandeel

The brother of social media star Qandeel Baloch was on Friday sentenced to life in prison for her murder. Baloch, 26, who shot to fame for her risque selfies - tame by Western standards, but considered provocative in deeply misogynistic Pakistan - was str
Published 28 Sep, 2019 12:00am
Three die of electrocution as rains lash Karachi

Three die of electrocution as rains lash Karachi

At least three persons were electrocuted during torrential rains that lashed the city Friday. The tropical rain that has been continuing for past four days, resumed Friday afternoon and hampered the routine activities in the city as main and inner arterie
Published 28 Sep, 2019 12:00am
Three die of electrocution as rains lash Karachi

Three die of electrocution as rains lash Karachi

At least three persons were electrocuted during torrential rains that lashed the city Friday. The tropical rain that has been continuing for past four days, resumed Friday afternoon and hampered the routine activities in the city as main and inner arterie
Published 28 Sep, 2019 12:00am
PIMA arranging basic lifesaving support training sessions

PIMA arranging basic lifesaving support training sessions

Pakistan Islamic Medical Association (PIMA) will be arranging Basic Life Support (BLS) training sessions for the general public at 48 mosques across the country today (September 28, 2019). According to a press release, the aim of these sessions is to trai
Published 28 Sep, 2019 12:00am
EU and Japan ink plan to bypass 'new Silk Road'

EU and Japan ink plan to bypass 'new Silk Road'

The EU and Japan on Friday signed an infrastructure agreement to link Europe and Asia as a counter to China's ambitious "Belt and Road" strategy. Japanese Prime Minister Shinzo Abe and European Commission chief Jean-Claude Juncker inked the accord to coor
Published 28 Sep, 2019 12:00am
EU and Japan ink plan to bypass 'new Silk Road'

EU and Japan ink plan to bypass 'new Silk Road'

The EU and Japan on Friday signed an infrastructure agreement to link Europe and Asia as a counter to China's ambitious "Belt and Road" strategy. Japanese Prime Minister Shinzo Abe and European Commission chief Jean-Claude Juncker inked the accord to coor
Published 28 Sep, 2019 12:00am
104 identified: Rs 4 billion Benami properties attached so far: FBR

104 identified: Rs 4 billion Benami properties attached so far: FBR

The Federal Board of Revenue (FBR) Benami Zones have so far identified 104 Benami properties and attached properties worth Rs 4 billion in 15 cases. According to the FBR, in pursuance of PM's directive, FBR Anti-Benami Zones have started a countrywide exe
Published 28 Sep, 2019 12:00am
104 identified: Rs 4 billion Benami properties attached so far: FBR

104 identified: Rs 4 billion Benami properties attached so far: FBR

The Federal Board of Revenue (FBR) Benami Zones have so far identified 104 Benami properties and attached properties worth Rs 4 billion in 15 cases. According to the FBR, in pursuance of PM's directive, FBR Anti-Benami Zones have started a countrywide exe
Published 28 Sep, 2019 12:00am
RBI schemes: Malaysia asked to help identify Pakistanis
Exchange

RBI schemes: Malaysia asked to help identify Pakistanis

Pakistan has formally requested the Malaysian tax authorities to assist in identifying Pakistanis who have taken their illegal funds out of the country and invested in Malaysia's Residence by Investment (RBI) schemes and are now hiding behind RBI-based re
Published 28 Sep, 2019 12:00am
RBI schemes: Malaysia asked to help identify Pakistanis
Exchange

RBI schemes: Malaysia asked to help identify Pakistanis

Pakistan has formally requested the Malaysian tax authorities to assist in identifying Pakistanis who have taken their illegal funds out of the country and invested in Malaysia's Residence by Investment (RBI) schemes and are now hiding behind RBI-based re
Updated 30 Sep, 2019 11:53am
NPMC vows action against incidence of cartelization

NPMC vows action against incidence of cartelization

A meeting of the National Price Monitoring Committee (NPMC) has decided that action should be taken against the incidence of cartelization causing undue profiteering and monopolistic practices fueling price hike in the country and also directed Federal Bo
Published 28 Sep, 2019 12:00am
NPMC vows action against incidence of cartelization

NPMC vows action against incidence of cartelization

A meeting of the National Price Monitoring Committee (NPMC) has decided that action should be taken against the incidence of cartelization causing undue profiteering and monopolistic practices fueling price hike in the country and also directed Federal Bo
Published 28 Sep, 2019 12:00am
Blue chips lead PSX gains: BRIndex100 snaps losing streak
Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra
Published 28 Sep, 2019 12:00am
Blue chips lead PSX gains: BRIndex100 snaps losing streak
Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra
Published 28 Sep, 2019 12:00am
Blue chips lead PSX gains: BRIndex100 snaps losing streak
Exchange

Blue chips lead PSX gains: BRIndex100 snaps losing streak

Fresh buying in various sectors supported the Pakistan Stock Exchange to close on a positive note with healthy gains Friday. BRIndex100 gained 71.53 points or 2.19 percent to close at 3,341.40 points. BRIndex100 touched intraday high of 3,344.19 and intra
Updated 28 Sep, 2019 04:48am
Pakistan improves in six areas of 'doing business': World Bank

Pakistan improves in six areas of 'doing business': World Bank

The World Bank (WB) Friday said that Pakistan has improved in six areas measured by 'doing business' - starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders - reflecting
Published 28 Sep, 2019 12:00am
Pakistan improves in six areas of 'doing business': World Bank

Pakistan improves in six areas of 'doing business': World Bank

The World Bank (WB) Friday said that Pakistan has improved in six areas measured by 'doing business' - starting a business, dealing with construction permits, getting electricity, registering property, paying taxes and trading across borders - reflecting
Published 28 Sep, 2019 12:00am
Finance division to prepare cash forecasting framework

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29
Published 28 Sep, 2019 12:00am
Finance division to prepare cash forecasting framework

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29
Published 28 Sep, 2019 12:00am
Finance division to prepare cash forecasting framework

Finance division to prepare cash forecasting framework

Finance Division would prepare a cash forecasting framework with total cash management forecast consistent with the budget and revenue forecast from the Federal Board of Revenue and ministries under Cash Management & Treasury Single Account Policy 2019-29
Published 28 Sep, 2019 12:00am
MoF says policies yielding desired results
Exchange

MoF says policies yielding desired results

The Ministry of Finance Friday claimed that macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with stability and growing strength visible in many secto
Published 28 Sep, 2019 12:00am
MoF says policies yielding desired results
Exchange

MoF says policies yielding desired results

The Ministry of Finance Friday claimed that macro adjustment policies such as monetary tightening, exchange rate adjustments and cuts in development spending have started paying the desired results with stability and growing strength visible in many secto
Published 28 Sep, 2019 12:00am
Afghanistan prepares to vote for a president

Afghanistan prepares to vote for a president

Millions of Afghans are expected to brave the threat of militant attacks to vote in a presidential election on Saturday, hoping to prevent a repeat of a bitter, fraud-marred and ultimately unresolved poll in 2014. About a dozen candidates are in the fray
Published 28 Sep, 2019 12:00am
Afghanistan prepares to vote for a president

Afghanistan prepares to vote for a president

Millions of Afghans are expected to brave the threat of militant attacks to vote in a presidential election on Saturday, hoping to prevent a repeat of a bitter, fraud-marred and ultimately unresolved poll in 2014. About a dozen candidates are in the fray
Published 28 Sep, 2019 12:00am
FBR will launch new audit framework: Shabbar

FBR will launch new audit framework: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi said on Friday that FBR will launch new audit framework in the first week of October 2019. According to a tweet of Shabbar Zaidi, a taxpayers' friendly, easy, simple and effective audit framework will
Published 28 Sep, 2019 12:00am
FBR will launch new audit framework: Shabbar

FBR will launch new audit framework: Shabbar

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi said on Friday that FBR will launch new audit framework in the first week of October 2019. According to a tweet of Shabbar Zaidi, a taxpayers' friendly, easy, simple and effective audit framework will
Published 28 Sep, 2019 12:00am
Discos, CPPA-G allowed to increase power tariff

Discos, CPPA-G allowed to increase power tariff

National Electric Power Regulatory Authority (Nepra) has allowed Discos and CPPA-G to increase power tariff by Rs 0.53 per unit to recover Rs 53 billion from consumers across the board. The Authority determined tariffs of seven Discos for the FY 2016-17 &
Published 28 Sep, 2019 12:00am
Discos, CPPA-G allowed to increase power tariff

Discos, CPPA-G allowed to increase power tariff

National Electric Power Regulatory Authority (Nepra) has allowed Discos and CPPA-G to increase power tariff by Rs 0.53 per unit to recover Rs 53 billion from consumers across the board. The Authority determined tariffs of seven Discos for the FY 2016-17 &
Published 28 Sep, 2019 12:00am
Next SAARC summit in Islamabad agreed: Qureshi

Next SAARC summit in Islamabad agreed: Qureshi

Minister for Foreign Affairs Shah Mahmood Qureshi Thursday said the member countries of South Asian Association for Regional Cooperation (SAARC) had unanimously agreed to hold the next summit level meeting in Pakistan. The decision was taken in a minister
Published 28 Sep, 2019 12:00am
Next SAARC summit in Islamabad agreed: Qureshi

Next SAARC summit in Islamabad agreed: Qureshi

Minister for Foreign Affairs Shah Mahmood Qureshi Thursday said the member countries of South Asian Association for Regional Cooperation (SAARC) had unanimously agreed to hold the next summit level meeting in Pakistan. The decision was taken in a minister
Published 28 Sep, 2019 12:00am
The Weather

The Weather

The weather report on Friday (September 27, 2019) and the forecast for Saturday (September 28, 2019).

Updated 28 Sep, 2019 06:13am
US presses India on Kashmir rights

US presses India on Kashmir rights

The United States wants New Delhi to quickly ease restrictions imposed in occupied Kashmir, a senior official said Thursday, declaring President Donald Trump's willingness to mediate to ease tensions between India and Pakistan over the territory.
Published 28 Sep, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 27, 2019).

Updated 28 Sep, 2019 07:00am
US presses India on Kashmir rights

US presses India on Kashmir rights

The United States wants New Delhi to quickly ease restrictions imposed in occupied Kashmir, a senior official said Thursday, declaring President Donald Trump's willingness to mediate to ease tensions between India and Pakistan over the territory.
Published 28 Sep, 2019 12:00am
Modi dodges mention of occupied Kashmir

Modi dodges mention of occupied Kashmir

Indian Prime Minister Narendra Modi broadly denounced terrorism at the United Nations on Friday but avoided any direct mention of one of the world's most perilous standoffs: Pakistan's recent warning that India's crackdown in the disputed region of Kashmi
Published 28 Sep, 2019 12:00am
Modi dodges mention of occupied Kashmir

Modi dodges mention of occupied Kashmir

Indian Prime Minister Narendra Modi broadly denounced terrorism at the United Nations on Friday but avoided any direct mention of one of the world's most perilous standoffs: Pakistan's recent warning that India's crackdown in the disputed region of Kashmi
Published 28 Sep, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

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

Updated 28 Sep, 2019 07:22am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 27, 2019)

Published 28 Sep, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 28 Sep, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 28 Sep, 2019 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

The rupee managed to hold the present trend in relation to the dollar on the money market on Friday in the process of trading activity, dealers said.
Published 28 Sep, 2019 12:00am
THE RUPEE: steady trend
Currency

THE RUPEE: steady trend

The rupee managed to hold the present trend in relation to the dollar on the money market on Friday in the process of trading activity, dealers said.
Published 28 Sep, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 28 Sep, 2019 12:00am
RECORDER REPORT

RECORDER REPORT

EFU Takaful Growth Fund Rates on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am
RECORDER REPORT

RECORDER REPORT

EFU Takaful Growth Fund Rates on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am
RECORDER REPORT

RECORDER REPORT

EFU Takaful Growth Fund Rates on Friday (September 27, 2019).

Published 28 Sep, 2019 12:00am