Daily updated at 11:00 AM
Edition:
2017/05/27 sitemap
2017/05/27
 
Page 1
THE RUPEE: Firm trend
 
Over-optimism surrounds election-year budget
 
Telecom sector: FED reduced to 17pc
 
Supplies: GST withholding proposed to be withdrawn
 
2pc ‘further: ST’ levied on zero-rated supplies
 
Subsidies slashed
 
Rs120bn new taxation measures taken
 
GST on fertilizers, poultry machinery, hybrid cars reduced
 
Rs50bn envisaged from sell-off proceeds
 
Bearish spell deepens
 
BRIndex30 sheds 123.88 points
 
HIGHLIGHTS
 
Opposition rejects budget
 
An election budget
 
Little may change
 
More of the same
 
A balanced budget
 
Ominous BoP development
Page 2
RD levied or increased on 565 non-essential items
 
RD levied or increased on 565 non-essential items
 
Growers give mixed reaction on federal budget
 
Dar presents Finance Bill amid ‘go Nawaz go’ slogans and walkout
 
Businessmen, experts express mixed reactions
Page 3
KCCI representatives see first better fiscal budget of PML-N govt
 
PM will appear in Panama case investigation: Rana
 
Budget disappoints textile industry: APTMA
 
Special ST regime made part of ST Act 1990
 
FPCCI terms budget balanced & moderate
 
Capital market: Increase in tax on dividends, CGT to have negative impact: analysts
Page 4
The Weather
Page 5
Opposition lawmakers stage walkout amid PM’s presence
 
Opposition lawmakers stage walkout amid PM’s presence
 
Rs200m allocated for FAD’s two projects
 
Interior division gets Rs15.66bn under PSDP
 
Saleem Shehzad granted bail in two cases
 
GST on steel up by 17pc to Rs10.5 per unit
 
Major relief provided to people?
Page 6
New attack on Egypt Christians kills 28
 
Somali police get first drones to combat Islamist bombings
 
New Taliban attack on Afghan base kills at least 15 soldiers
 
Floods, landslides kill at least 91 in Sri Lanka
 
Briton jailed for 15 years for bomb on train
 
Syria army takes control of Damascus-Palmyra road
 
US-led Syria strike kills scores of relatives of IS fighters
 
Bangladesh removes ‘un-Islamic’ statue after protests
 
US delivers latest vessel to Vietnam
 
91 prisoners escape Brazilian jail
Page 7
Aussie, kiwi down
 
Sterling suffers biggest one-day fall since January
 
Asian forex: Yuan at over 3-month high, ringgit jumps
 
Sri Lankan rupee up
 
Canadian dollar rises
 
Dollar steadies against basket of currencies in NY
 
Early trade in NY—rises to one-week high
 
Yen rises, sterling falters in Europe
 
Pounds slips, commodity currencies shaky in Asia
 
Currency exchange rates
 
Currency exchange rates
Page 8
Partly Facetious
 
PTI workers barge into grid station, restore power supply
 
Terrorist arrested
 
Police resort to baton charge on farmers’ rally
 
Peaceful Afghanistan in the best interest of Pakistan: Siraj
 
SECP announces winners of Inter-University Mock Trading competition
 
Unscheduled load-shedding Nepra issues notice to KE
 
Farmers’ bashing: Bilawal lashes out at Sharifs
 
Rs1.817bn allocated for Supreme Court
 
Pakistan participates in UN Bazaar in New York
 
Federal Budget: Rs837.823bn foreign aid proposed for FY18
 
Rs90.516bn allocated for education and services
 
Rs1.61bn earmarked for food ministry
Page 9
Productive sectors Budget shows disconnection between policymaking & realities: IPR report
 
PPP Punjab rejects federal budget
 
PCSW launches transitional home for violence victims
 
Business community terms budget a ‘bundle of numerology’
 
IPPs at risk of shutdown for non-payment of bills
 
Mercury crosses 51°C
 
LCCI terms budget an agenda for economic revival
 
DCs urged to improve dengue surveillance mechanism
 
Indian BSF arrests Pakistani man
 
Mixed response over budget 2017-18
 
PPDWP approves 10 uplift schemes worth Rs29.322bn
 
Transfer of loads of cement and coal: Cherat Cement offers agreement to Railways
 
Shahbaz vows to make Pakistan a great country
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Page 12
Greek property prices slide again as bailout jitters weigh
 
Harley-Davidson to build assembly plant in Thailand
 
Maybank posts 19pc profit rise on loans growth
 
Italy rules out ‘bail in’ for investors in Veneto banks rescue
 
Kenya Airways says recovery on course as losses reduce
 
Total stands by new production projects
 
Poland, Hungary keep loose rate policy, Czechs may tighten
 
US loan growth slows but profits climb in Q1
Page 13
US economy slowed less than expected in Q1; outlook cloudier
 
IMF sets tough new Ukraine loan demands
 
Japan consumer prices rise in April
 
Japan consumer prices rise in April
 
Trump rows shadow ‘toughest G7 in years’
 
Macron snubs May on post-Brexit trade deal talks
 
UK consumers downbeat on finances as inflation bites
 
Global regulators expect deal soon on finalising capital rules
 
ArcelorMittal tipped to take over Italy’s Ilva
 
Saudi Telecom to form $500m venture capital fund
Page 14
FTSE gets sterling boost as Europe dragged lower by banks
 
SE Asian stocks flat to lower
 
Australian stocks dive
 
Oil, banks trip up European shares
 
China stocks end week higher
 
HK stocks snap 5-day winning streak
 
Treasury yields dip slightly
 
Sri Lankan shares lower
 
Nasdaq, S&P hit record highs, helped by consumer stocks
 
Friday’s early afternoon trade: Stocks little changed
 
Tokyo stocks hit by OPEC move, Nintendo at 8-year high
 
Indian shares hit record highs
Page 15
Djokovic, Nadal on French Open semi-final collision course
 
Stab-victim Kvitova to play French Open: WTA
 
WBA suspend judges after disputed N’Dam win
 
Sharapova’s Wimbledon qualifying bid to be broadcast
 
PCB chief for developing new cricket academies
 
Rossi on the mend after crash
 
Junior Squash Championship: Humam, Ammad, Asad Ullah, Laiba win titles
 
FIFA admits North Koreans helped build World Cup venue
 
Du Plessis hopes Proteas have ‘blown away England cobwebs’
 
Stokes passed fit for 2nd South Africa ODI
 
Jayawardene named coach of Bangladesh league team
Page 16
 
Page 17
SALIENT FEATURES
 
SALIENT FEATURES
Page 18
FINANCE BILL 2017
 
FINANCE BILL 2017
Page 19
 
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Page 21
Entangled bottle-nosed dolphin released back into sea
 
‘CreditFix’ wins Karandaaz Pakistan FinTech Disrupt Challenge 2017
 
‘Technology Evolution & Roadmap to 5G’
 
Dewan Motors bags BMW Group Award
 
PTCL signs fibre leasing accord with Telenor Pakistan
Page 22
NOTES ON CLAUSES FINANCE BILL, 2017
 
NOTES ON CLAUSES FINANCE BILL, 2017
Page 23
 
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Page 25
Erdogan says ‘arena’ to be removed from stadia names
 
US fears nuclear arms race in Asia-Pacific, says Australian minister
 
Italy’s ‘Queen of Cashmere’ dies
 
Venezuela military defends protests role, backs Maduro congress
 
‘Large part’ of Manchester attack network held in Britain
 
Trump son-in-law Kushner a focus in Russia probe: US media
 
Haiti police will keep the peace when UN force leaves: president
 
Ethiopian journalist jailed for talking to dissident
 
Philippine military flags martial law censorship
Page 26
EU wheat prices flat ahead of long holiday
 
Cotton market: Volume of business improves on budget announcement
 
Activities of Karachi Port and Port Qasim
 
US natural gas futures lower on mild weather
 
Chinese iron ore futures tumble 7pc on plentiful supply
 
CBOT wheat futures higher in technical trade
 
Canadian canola futures fall
 
PMEX daily trading report
 
Karachi Shipping Intelligence
 
Pakistan Mercantile Exchange - PMEX
 
Lahore Paper Market Rates
 
Lahore Grain Market Rates
 
Bullion Rates
Page 27
Gold climbs in Europe
 
Gold rises in Asia
 
Gold eases in NY
 
Rotterdam vegetable oil prices
 
Rubber down
 
Oil rebounds but ends week lower amid OPEC cuts disappointment
 
Copper retreats from 3-week high
 
Shanghai copper up
 
Cotton down on strong dollar ahead of long weekend
 
LME official prices
 
New York cotton
Page 28
The Budget
 
The Budget
 
Budget Speech
 
Budget Speech
 
Ease of doing business in Pakistan
 
Ease of doing business in Pakistan
Page 29
Industrial sector: No incentive announced in budget: HCCI
 
EFP VP criticises bank holiday for Zakat deduction
 
Bilawal inaugurates SMIU’s senate hall
 
Pharma industry hails budget
 
SPLA ends boycott of exams: minister
 
SHC dismisses plea to verify Dr Asim’s documents
 
Small traders describe budget as ‘unattractive’
 
PSX, GBCCI sign MoU for mutual cooperation
 
SECP, SBP ink LoU to set up Council of Regulators
 
Gun battle leaves five dead in Garhi Dewan
Page 30
First Ramazan tomorrow
 
Two Chinese fighters intercept US plane in South China Sea
 
At least 28 dead as militias clash in Libya capital
 
Defence spending increased by around 9.52pc
 
US court maintains block on Trump travel ban
 
President’s salary increased to Rs1.6m
 
Income of all political parties exempted
 
Iran sees breakthrough in oil deals following Rouhani re-election
 
FBR: Finance Bill introduces new department
Page 31
Bank heists
 
Celebrate healthy Ramazan
Page 32
Pay attention
 
Synchronizing cultures and people
 
Singer Tony Bennett’s career, paintings on show in New York
Page 33
Syrian refugee kids in Lebanon act, direct, ‘escape’
 
Mozart junior: curse of the ‘missing spark’
 
Fashion’s feather master tickles up a storm
 
Indonesian ‘Rainbow Village’
Page 34
‘RIP Mr Bond’: 007 actor Roger Moore dead at 89
 
Cannes queen Kidman steers career ‘like I’m 21’
 
King of Cannes Haneke could get record third Palme d’Or
 
Bridge Notes
 
‘Star Wars’ at 40: The Force is still strong
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