Shanghai Consortium today purchased forty percent share of Pakistan Stock Exchange which will usher in a new era of stock trade in the country.



The government plans to announce NFC award in consultation with provinces within three to six months.



Pakistan and Malaysia have agreed to further deepen cooperation in diverse fields.



In occupied Kashmir, complete shutdown and anti-India demonstrations were witnessed on the occasion of Youm-e-Mazahmat today.



Donald Trump is being sworn in as US President tonight.   





Finance Minister Ishaq Dar has said Pakistan Stock Exchange has acquired the status of one of the fastest growing bourses in the region.


He was addressing the signing ceremony of Pakistan Stock Exchange and Shanghai Consortium of China in Karachi.


Ishaq Dar said international organizations have acknowledged the economic progress in Pakistan.


Finance Minister Ishaq Dar said it is a historic occasion as the Chinese Consortium will bring their expertise to Pakistan Stock Exchange.


Shanghai Consortium of China purchased forty percent share of Pakistan Stock Exchange.  


Ishaq Dar invited opposition parties to join hands with the government for strengthening national economy. 


Speaking on the occasion, Chinese Ambassador Sun Weidong hoped this will usher in a new era of stock exchange business in Pakistan.




Senate was informed today that the government is ensuring proper supply of quality medicines in the country.


Minister of State for Education Balighur Rehman told the House during Question Hour that a number of drug licenses were suspended and fine imposed last year for manufacturing substandard medicines.


Answering a question, the Minister of State informed the House that National Vocational and Technical Training Commission is modifying its vocational training programme in the wake of China-Pakistan Economic Corridor.


Replying to a question, Minister for States and Frontier Regions Abdul Qadir Baloch informed the House that there are more than 2.6 million Pakistanis in Saudi Arabia.


He pointed out that total number of Pakistani workers affected in the recent incidents of default of some Saudi companies was eight thousand.




Later, the House held discussion on the 2nd Biannual Monitoring report on Implementation of National Finance Commission Award moved by Minister of State for Education Balighur Rehman.   


Taking part in the discussion, members demanded early finalization of the next National Finance Commission Award for better distribution of resources among the provinces.


Winding up discussion, Minister of State for Education Balighur Rehman expressed the confidence that the next NFC Award will be announced in three to six months in consultation with the provinces. 


The House has now been prorogued




National Assembly Standing Committees on Foreign Affairs and Water and Power has passed a unanimous resolution demanding the government to ask World Bank to constitute a Court of Arbitration to adjudicate on issues raised by Pakistan against India's ongoing construction of Kishan Ganga and Ratle Hydro-Electric plants without further delay.


The committees also demanded the government to ask India for an immediate halt to ongoing construction of Ratle Dam till the issue is resolved.




A five-member Larger Bench of the Supreme Court headed by Justice Asif Saeed Khosa today adjourned the hearing of Panama Papers case till Monday. 


Jamaat-e-Islami's Counsel Taufiq Asif started his arguments today.


In his remarks, Justice Azmat Saeed Sheikh said the case cannot be decided on mere assumptions and presumptions. 



Chief Minister Khyber Pakhtunkhwa Pervez Khattak says China Pakistan Economic Corridor will play a leading role in the development of the province.


Addressing public meetings at various places in District Nowshwera, he said a number of projects will be completed in the province under CPEC.


These include generation of one thousand seven hundred megawatt electricity, laying of fast railway track between Peshawar, Nowshera, Charsadda, Mardan and Swabi and construction of a road to link Chakdara with Gilgit via Chitral.




Pakistan Red Crescent Balochistan and Provincial Disaster Management Authority dropped edible items and other essential commodities to the people stranded in Kalat and Mastung areas in recent snowfall and rains.


Secretary Red Crescent Society Balochistan Chapter Dr Imran Khan said efforts are being made to provide relief to the affected people on war footings.




Ambassador of Saudi Arabia Abdullah Marzouk Al-Zahrani called on Chief of Army Staff General Qamar Javed Bajwa in Rawalpindi today.  


They discussed bilateral relations, including defence and training cooperation in various fields. 




Ambassador of Republic of Azerbaijan, Ali Alizada called on Chairman Joint Chiefs of Staff Committee General Zubair Mahmood Hayat at Rawalpindi today.


They discussed various facets of defence and security relationship between Pakistan and Azerbaijan. 






Pakistan and Malaysia have agreed to explore ways to deepen cooperation in the fields of trade and investments and export of skilled work force from Pakistan. 


The understanding came at a meeting between Adviser to the Prime Minister on Foreign Affairs Sartaj Aziz and Foreign Minister of Malaysia Anifah Aman on the sidelines of the Extraordinary OIC Council of Foreign Ministers Meeting held in Kuala Lumpur today.




National Security Advisor Nasser Khan Janjua has urged the international community to play its due role to resolve the Kashmir issue according to United Nations resolution.


Talking to Germen Ambassador Ina Lepel in Islamabad today, he said pressure should be exerted on India to give the Kashmiris their birth right to self-determination.




Two hundred and twenty-one suspects, including fourteen proclaimed offenders were arrested in different areas of Peshawar today.


Drugs, arms and ammunition were also recovered from them.


In another operation, the law enforcement agencies arrested seventy suspects in Peepal areas of Mardan.



Six persons of a same family were killed and a minor injured when a car fell into River Jehlum near Chanari area of Hattian Bala District.


AJK Prime Minister Raja Farooq Haider Khan has expressed their deep grief and sorrow over the sad incident.





In Occupied Kashmir, complete shutdown and forceful anti-India demonstrations were witnessed as Kashmiris observed Youm-e-Mazahmat today.


Call for the shutdown was given by the joint resistance leadership comprising the Chairman of All Parties Hurriyet Conference Syed Ali Gilan and Hurriyet leaders Mirwaiz Umar Farooq and Muhammad Yasin Malik.



Donald Trump will take oath of his office as 45th President of the United States in Washington today.


He will replace Barack Obama in the White House.


Meanwhile, demonstrators have gathered in New York, Washington and different cities in UK to protest against President-elect Donald Trump on the eve of his inauguration.




In Syria, at least forty militants have been killed in air strikes on a training camp in western Aleppo


Meanwhile, the UN Security Council is to discuss preparations for peace talks between the Syrian government and rebels due in Kazakhstan on Monday.



Weather remained cold and dry in most parts of the country today and no change is expected in weather conditions during the next twelve hours.

However, foggy conditions are likely in plain areas of Punjab and Upper Sindh during morning hours.


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