News Updates
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` Friday, September news 19, 2014 updates Office # 05, Ground Floor, Arshad Mansion, Near Chowk A.G Office, Nabha Road Lahore. Ph. 042-37350473 Cell # 0300-8848226 NEWS OF Mail to: [email protected], [email protected] THE DAY PLP NEWS ALERTS EMAIL No. 215-2014 NEWS HEADLINES Top Stories ................................................................................................................................................... 6 Border dispute overshadows Xi's India trip .................................................................................................. 6 Chinese President to visit anytime soon: FO ................................................................................................ 7 UN urged to take notice of water aggression by India ................................................................................. 9 India's HC seeks to dispel impression ........................................................................................................... 9 Water level at Guddu Barrage continues to rise ........................................................................................ 10 Conditions created for interest arbitrage ................................................................................................... 11 MPS tomorrow ............................................................................................................................................ 12 1973 Constitution: original manuscript stolen? ......................................................................................... 12 KU professor Auj gunned down .................................................................................................................. 13 Low take-up for cheap bank credit raises pressure on ECB ........................................................................ 14 MoF providing Rs 25 billion monthly subsidy to power sector .................................................................. 15 New provinces: MQM stirs heated debate in parliament .......................................................................... 16 We've suspended talks: Imran .................................................................................................................... 17 Scots vote on independence, UK's fate on knife-edge ............................................................................... 18 Dow, S&P hit records on momentum from Alibaba, Fed ........................................................................... 18 THE RUPEE: rates slip .................................................................................................................................. 19 Review of suspended SRO351(I)/2014: FBR clueless about Dar-announced body .................................... 20 Treason trial: prosecution witness admits to relations with PML-N .......................................................... 21 Air strikes kill 23 militants ........................................................................................................................... 22 Dasti, 70 supporters surrender in terrorism case ....................................................................................... 23 DRAP head: Supreme Court seeks report from AGP .................................................................................. 23 Joint Economic Working Group meeting on October 9: Olson ................................................................... 24 New DG Rangers Sindh takes over charge .................................................................................................. 24 World population may hit 11 billion by 2100: study .................................................................................. 24 'No evidence' Arab Bank supported terror, New York trial told ................................................................. 25 China launches gold market to bolster fortunes of FTZ .............................................................................. 26 Ellison steps down as Oracle chief executive.............................................................................................. 26 Bearish trend continues .............................................................................................................................. 27 Business and Economy: Pakistan ............................................................................................................. 29 Over $672 million foreign inflows received so far ...................................................................................... 29 Forex reserves up by $110 million .............................................................................................................. 30 Joint Economic Working Group meeting on October 9: Olson ................................................................... 30 BACK TO HEADLINES Page 2 PLP NEWS ALERTS EMAIL No. 215-2014 Former LCCI presidents appeal to vote for PIAF-Founders Alliance candidates ........................................ 30 DRAP head: Supreme Court seeks report from AGP .................................................................................. 31 LDA to complete computerisation of land records by April 2015 .............................................................. 32 Call for resolving issues of up-country dry ports ........................................................................................ 33 Activity at Karachi & Qasim ports ............................................................................................................... 33 IMC holds 22nd dealers' conference .......................................................................................................... 35 PIA transports over 28,700 Hujjaj through 80 flights ................................................................................. 35 Abu Dhabi-Karachi route: Etihad Airways to offer double daily service from November 18 ..................... 36 Company News: Pakistan ......................................................................................................................... 37 Bank Alfalah poised for growth with IFC backing ....................................................................................... 37 'Only education can provide a level playing field,' Chairman, Sabaq Foundation ...................................... 37 Taxation: Pakistan .................................................................................................................................... 42 Review of suspended SRO351(I)/2014: FBR clueless about Dar-announced body .................................... 42 KCAA elects office-bearers .......................................................................................................................... 43 Sindh sugar mills: recovery of ST, IT and FED ordered ............................................................................... 43 Nine Lahore textile, dying units ST imposed on gas, power supply............................................................ 44 MoU signed HMRC-UK to provide assistance to FBR .................................................................................. 45 SDMA chief fined for failure to appear before court .................................................................................. 46 Cotton and Textiles: Pakistan .................................................................................................................. 47 Mills sidelined after PCGA report ............................................................................................................... 47 Cotton arrival shows 4.73 percent increase ............................................................................................... 48 Firmness prevails on cotton market ........................................................................................................... 48 Punjab-based textile mills: APTMA chief voices concern over rise in loadshedding .................................. 50 Agriculture and Allied: Pakistan ............................................................................................................. 51 UN urged to take notice of water aggression by India ............................................................................... 51 Water level at Guddu Barrage continues to rise ........................................................................................ 52 Daily trading report of PMEX ...................................................................................................................... 52 Potato growers asked to complete sowing till October 20 ........................................................................ 53 Poor law, order situation: people may turn to social bodies to offer 'qurbani' ......................................... 53 Families of arrested fishermen struggle to make ends meet ..................................................................... 55 Fuel and Energy: Pakistan ....................................................................................................................... 56 MoF providing Rs 25 billion monthly subsidy to power sector .................................................................. 56 Increase in LPG prices: LHC seeks reply from ministry, Ogra ..................................................................... 57 SSGC's Task force disconnects 2,200 illegal gas connections ....................................................................