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Business

Morgan Stanley upgrades Pakistan to emerging market status

*Six Pakistan stocks in MSCI EM with lower than expected 0.10pc weight   Morgan Stanley Capital International (MSCI) on Tuesday upgraded the Pakistan Stock Exchange (PSX) to Emerging Markets status; the inclusion<a href="https://www.pakistantoday.com.pk/2017/05/17/morgan-stanley-upgrades-pakistan-to-emerging-market-status/" title="Read more" >...</a>

May 17, 2017
Wasim Akram, Shoaib Akhtar to star in local TV showArts / Entertainment

Wasim Akram, Shoaib Akhtar to star in local TV show

KARACHI: It seems that former formidable bowling duo Shoaib Akhtar and Wasim Akram will now be sharing a TV show together as well! A couple of tweets shared by Shoaib Akhtar confirm the fact that Wasim<a href="https://www.pakistantoday.com.pk/2017/05/17/wasim-akram-shoaib-akhtar-to-star-in-local-tv-show/" title="Read more" >...</a>

May 17, 2017
Badin awaits education-friendly budgetKARACHI

Badin awaits education-friendly budget

BY: SAWAN KHASKHELIDespite a heavy budget allocation, education sector remains neglected The district Badin’s education sector needs the attention of the higher authorities and el

May 17, 2017
Fertiliser importers appeal to PM for discontinuation of subsidyNATIONAL

Fertiliser importers appeal to PM for discontinuation of subsidy

Fertilisers Importers Council has written a letter to Prime Minister Nawaz Sharif over the non-payment of subsidy claims. The letter stated that the government had promised the DAP importers for payment of<a href="https://www.pakistantoday.com.pk/2017/05/17/fertilisers-importers-appeal-to-pm-for-discontinuation-of-subsidy/" title="Read more" >...</a>

May 17, 2017
Iran’s first VP quits the presidential race, lends support to RouhaniForeign

Iran’s first VP quits the presidential race, lends support to Rouhani

LONDON: Eshaq Jahangiri, Iran’s first vice president, said on Tuesday he was quitting the race to be president, backing instead current President Hassan Rouhani, who is seeking a second term in Friday’s vote.<a href="https://www.pakistantoday.com.pk/2017/05/17/irans-first-vp-quits-the-presidential-race-lends-support-to-rouhani/" title="Read more" >...</a>

May 17, 2017
Business

Abolishing FTR will discourage construction industry: ABAD

The Association of Builders and Developers of Pakistan (ABAD) has expressed concerned over the reported move of the Federal Bureau of Revenue (FBR) to abolish Fixed Tax Regime (FTR) for builders<a href="https://www.pakistantoday.com.pk/2017/05/17/abolishing-ftr-will-discourage-construction-industry-abad/" title="Read more" >...</a>

May 17, 2017
Punjab Food Authority considers banning fizzy drinks all over countryNATIONAL

Punjab Food Authority considers banning fizzy drinks all over country

LAHORE: After banning fizzy drinks in schools, Punjab Food Authority is now considering banning these for underage children all across the province. Talking to a local media outlet, PFA Director General Noorul Amin Mengal<a href="https://www.pakistantoday.com.pk/2017/05/17/punjab-food-authority-considers-banning-fizzy-drinks-all-over-country/" title="Read more" >...</a>

May 17, 2017
Shoe shop in Lahore’s Shadman market catches fireLAHORE

Shoe shop in Lahore’s Shadman market catches fire

LAHORE: A large shoe shop located in the Shadman Market of Lahore caught fire late on Tuesday night. The conflagration engulfed the adjacent two other shops. Rescue teams reached the spot and the fire<a href="https://www.pakistantoday.com.pk/2017/05/17/shoe-shop-in-lahores-shadman-market-catches-fire/" title="Read more" >...</a>

May 17, 2017
Business

ECC approves Rs 1.6 billion Ramazan Relief Package

The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved Ramzan Relief Package 2017 with subsidies worth Rs 1.6 billion on 19 commodities to provide relief to the public<a href="https://www.pakistantoday.com.pk/2017/05/17/ecc-approves-rs-1-6-billion-ramazan-relief-package/" title="Read more" >...</a>

May 17, 2017
Business

OGRA approval awaited for CNG cylinders’ import: Paracha

All Pakistan Compressed Natural Gas Association (APCNGA) is awaiting for the approval of Oil and Gas Regulatory Authority (OGRA) to start import of new lightweight 22kg CNG cylinders and compatible kits. “The<a href="https://www.pakistantoday.com.pk/2017/05/17/ogra-approval-awaited-for-cng-cylinders-import-paracha/" title="Read more" >...</a>

May 17, 2017