Daily updated at 11:00 AM
2017/05/27 sitemap
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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Supplies: GST withholding proposed to be withdrawn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
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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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
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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
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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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