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Daily Archives: January 7, 2018

Dollar price goes up by Rs 1 in open market

Dollar price went up in the open market by Rs 1 and it closed on Rs 112.50 as there was an increase in buyers of the US currency. According to an exchange company representative, there was a high purchase of the US dollar which resulted in depreciation of Pakistani rupee. …

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FBR seeks tax proposals for upcoming budget

The Federal Board of Revenue (FBR) has sought proposals from all the stakeholders for upcoming Budget 2018-19, urging that the suggestions must reach the board by January 18 as the it is engaged in formulation of proposals for Finance Bill 2018. “In order to benefit from the collective wisdom of …

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Automotive sector anticipates over 800 million investment

Five vehicle manufacturing companies including Hyundai, KIA, Regal Automobiles, Khalid Mushtaq Motors and United Motors have been granted the Greenfield or new investment status under the Automotive Development Policy 2016-21, this will bring over 800 million dollars investment in automobile sector. It is anticipated that with the revival of Dewan …

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Pakistan stocks recover in first week of 2018

– Pakistan stocks made healthy recovery in first week of new year as in five sessions index recorded more than 2,000 points. In the last 12 sessions index recorded an increase of 12 percent. After three months index has hit 42,500 points. Stock market in last six months of 2017 …

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French star singer France Gall dies aged 70

French singer France Gall, who shot to fame in the 1960s with a series of hits and a sexually suggestive song about lollipops written by Serge Gainsbourg, died Sunday aged 70, her spokeswoman announced. Gall, who became a star in 1965 when she won the Eurovision song contest as a …

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Oscar-winner Haggis accused of abusing four women

Oscar-winning Canadian filmmaker Paul Haggis is now accused of sexual abuse by four women, according to an amended civil suit filed on Friday in New York. Haggis, who wrote and produced “Crash,” and penned the screenplay for “Million Dollar Baby,” is also known for his high-profile split almost a decade …

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Aishwarya asks hefty sum for upcoming film

Aishwarya Rai Bachan has reportedly asked for Rs 100 million cut for playing the lead in Indian remake of 1967 film titled ‘Raat Aur Din’. According to a private telly channel, producer of the film has agreed to the demand and the film will go on floors soon. The film …

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As Globes mark cinema’s successes, audiences shy away

As Hollywood prepares to celebrate its achievements at the Golden Globes on Sunday, new figures show all might not be well in the film industry, with attendances at a quarter-century low. The last 12 months have seen huge successes, with “Star Wars: The Last Jedi” and “Beauty and the Beast” …

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