Economy

  Bid to smuggle precious birds foiled

LAKKI MARWAT: Over 100 precious birds seized by political authorities in the Frontier Region were set free by the Wildlife Department officials in a breeding enclosure near Wanda Cheekari and in natural habitat near Dallokhel and Kalan on Tuesday....

  KSE remains upwardly mobile; rupee rally rolls on

KARACHI: With more and more bulls pouring onto the trading floor, Pakistani capital market Wednesday also remained upwardly mobile gaining as much as 200 points during intraday trade.   The benchmark KSE-100 Index put on a 0.69 percent, or 174.26...

  Dollar vs rupee at Rs106.50 in interbank

KARACHI: The dollar against rupee in the interbank market continued to lose during the last few days and made a mark today (Wednesday) as it has come down to Rs107 after about two months, media reported.   Following announcement of the Finance Mi...

  Oil prices up in Asian trade

SINGAPORE: Oil prices edged higher in Asian trade Wednesday as investors anticipate a fall in US crude inventories for the third consecutive week, indicating upbeat demand in the world´s top consumer. New York´s main contract, West Texas Interm...

  Sindh CNG filling outlets shut for 24 hours

KARACHI: All CNG filling outlets across Sindh closed their operations on Wednesday morning at 8 AM for 24 hours under gas load management plan.   According to CNG Association, the CNG stations would reopen on Thursday at 8 AM....

  Dollar-yen rate up in Asia ahead of Fed decision

TOKYO: The dollar rose against the yen in Asia Wednesday as investors await the end of the US Federal Reserve´s policy meeting to find out its plans for its stimulus programme.   The greenback bought 102.91 yen in Tokyo, up from 102.63 yen in New...

  Residents demand meter system to check overcharging by cabbies

ISLAMABAD: The residents of twin cites Tuesday demanded meter system for taxicabs as cabbies are charging double the normal fare after stoppage of CNG supply to the fuel stations. A large number of daily commuters in twin cities using public tr...

  Cement price/bag goes up Rs10/20

KARACHI: The price of a bag of cement in Sindh and Balochistan has shot up even beyond Rs500, media reported on Tuesday.   Cement industry sources said that the cement price has been increased in the range of Rs10-20 per bag due to the power tarif...

  Nepra throws out petition seeking fuel charges adjustment for Nov.

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has rejected the petition seeking fuel charges adjustment for the month of November, media reported on Tuesday.   Acting Chairman Nepra said details given in the petition should be ...

  CNG prices decrease in Pakistan

ISLAMABAD: The notification for a nine percent decrease in the GST of Compressed Natural Gas (CNG) has been issued. After the notification, price of CNG has decreased by Rs1.23 in Region 1 and Rs0.61 in Region 2.   The Supreme Court had declared ...

  Rupee ends higher at 106.78/106.84 against dollar

KARACHI: The rupee Tuesday ended higher at 106.78/106.84 against the dollar, compared to Monday´s close of 107.13/107.18, media reported.   Analysts say, on the face of it, Finance Minister, Ishaq Dar's ominous presage has struck the US dollar, w...

  KSE scales yet another peak at 25, 350 points

KARACHI: Karachi Stock Exchange (KSE)Tuesday ended in the green zone with minor gains but still hit a new all-time high.   The benchmark KSE-100 index closed at a new high of 25,350.20 points after rising by 0.21 percent, or 51.88 points.   The c...

  National savings’ investments plunge down by 65pc

KARACHI: The current hyperinflation in the country has eaten away the savings of the people, as is evident from the crash in national savings’ investments bringing down its rate of investment by 65 percent as compared to previous year, media repor...

  PHC declares fuel adjustment charges ‘illegal’

PESHAWAR: Peshawar High Court (PHC) has declared fuel adjustment charges as illegal, media reported.   Two-member bench headed by Chief Justice PHC Justice Dost Muhammad Khan was hearing case pertaining to fuel adjustment charges here on Tuesday. ...

  Dollar steady in Asia ahead of Fed meeting

TOKYO: The dollar held steady in Asia Tuesday ahead of a key US Federal Reserve policy meeting, while the euro won support from upbeat business activity data for the embattled eurozone. The greenback fetched 103.00 yen in Tokyo afternoon trade,...

  Oil prices down on speculation over US stimulus

SINGAPORE: Oil prices edged lower in Asian trade Tuesday on growing expectations the US Federal Reserve will scale back its stimulus programme after a key policy meeting this week, analysts said. New York´s main contract, West Texas Intermediat...

  Shahbaz takes notice of water mixed meat sale in Punjab

LAHORE: Chief Minister Punjab Shahbaz Sharif has taken notice of sale of water mixed meat in the province, media reported.   The chief minister, while taking notice of water mixed meat sale, ordered indiscriminate and strict action against those i...

  President Mamnoon lauds social services of Prince Karim Agha Khan

ISLAMABAD: The spiritual leader of the Ismaili community Prince Karim Aga Khan, Monday called on President Mamnoon Hussain at Aiwan-e-Sadr.   Welcoming Prince Karim Aga Khan, the President appreciated the services of Prince Karim Aga Khan across ...

  Asian shares lower, Tokyo slides as yen bounces

HONG KONG: Asian markets were mostly lower Monday as dealers bet that the US Federal Reserve will announce a cut in its stimulus programme at its policy meeting this week. The dollar slipped in Asia as investors adjusted positions before the me...

  CNG to remain close for two days in Sindh

KARACHI: CNG filling stations will again observe two days closure in Sindh including Karachi in the current week, following the load shedding schedule issued by the Sui Southern Gas Company (SSGC), media reported. According to the schedule iss...


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Feature / Analysis

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Opinion

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