PSX remains below 170,000 ahead of budget

A sign of the Pakistan Stock Exchange is seen on its building in Karachi, Pakistan January 11, 2016. PHOTO: REUTERS KARACHI: Pakistan Stock Exchange (PSX) on Thursday ended marginally higher as selective buying in banking and energy stocks helped the benchmark KSE-100 index recover 276 points ahead of the federal budget announcement. At the close…

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FAMSUN to set up Tech Display Park

Platform will feature agri engineering solutions for researchers, farmers & entrepreneurs ISLAMABAD: In a landmark development aimed at accelerating Pakistan’s agricultural modernisation, the Pakistan Agricultural Research Council (PARC) and globally renowned Famsun Group of China have signed a Letter of Intent (LoI) to establish a Famsun Technology Display Park and promote cooperation in agricultural innovation,…

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4 LEA personnel martyred in Rawalakot

Over 20 sustain injuries as armed members of banned JAAC open fire on security personnel RAWALAKOT: Four law enforcement agencies’ (LEA) personnel were martyred and over 20 were injured after elements allegedly associated with the banned Joint Awami Action Committee (Jaac) opened fire on them in the Rawalakot area of Azad Jammu and Kashmir (AJK)…

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Gold prices in Pakistan Today

KARACHI: Gold prices increased in both the international and local markets on Thursday, while silver prices declined. In the international bullion market, the price of gold rose by $10 per ounce to $4,050 per ounce. Following the increase in the global market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of…

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PM vows stronger EU investment ties

A European Union business delegation calls on Prime Minister Shehbaz Sharif in Islamabad. PHOTO: APP ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s commitment to strengthening trade and investment ties with the EU. The premier expressed the resolve during a meeting with a high-level EU trade and business delegation in the federal capital, according…

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Infantino targeted by three confederations

UEFA, CONCACAF and AFC in the joint letter declared football “belongs to no individual” FIFA president Gianni Infantino remains under fire over his aborted plan to allow private investment in the World Cup. Photo: AFP LAUSANNE: FIFA president Gianni Infantino came under renewed fire on Monday as a joint letter from three confederations — UEFA,…

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200 Federal Constabulary personnel to receive training in Saudi Arabia

Both interior ministers exchange Eidul Azha greetings, convey best wishes to each other Interior Minister Mohsin Naqvi’s meeting with his Saudi counterpart, Prince Abdulaziz bin Saud. PHOTO: X Two hundred personnel from the Federal Constabulary Special Diplomatic Protection Unit will receive training in Saudi Arabia. The decision was made during a meeting between Interior Minister…

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‘Despite US financing, reforms must continue’

KARACHI: Pakistan’s push to convert some of its diplomatic goodwill with the Trump administration into economic support has drawn scepticism from economists, who say fresh financing will do little to address the reforms Islamabad is required to pursue. During a visit by Finance Minister Muhammad Aurangzeb to Washington this week, he requested a $10 billion…

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PTI parliamentary party rifts emerge ahead of K-P budget

CM decides to call meeting after receiving reports about lawmakers reaching out to one another, sources say PESHAWAR: Differences have surfaced within the Pakistan Tehreek-e-Insaf (PTI) parliamentary party in the Khyber-Pakhtunkhwa Assembly, with growing dissatisfaction among government members ahead of the provincial budget emerging as a major headache for Chief Minister Sohail Afridi. In response,…

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