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Print - 2015-07-24
FBR to conduct forensic audit of cellular companies?

FBR to conduct forensic audit of cellular companies?

The Federal Board of Revenue (FBR) has decided to conduct forensic audit of the cellular companies to scrutinise tax collection and financial statements submitted by them. The government has not approved GSM development project of the Special Communicatio
Published 24 Jul, 2015 12:00am
FBR to conduct forensic audit of cellular companies?

FBR to conduct forensic audit of cellular companies?

The Federal Board of Revenue (FBR) has decided to conduct forensic audit of the cellular companies to scrutinise tax collection and financial statements submitted by them. The government has not approved GSM development project of the Special Communicatio
Published 24 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Thursday (July 23, 2015) and the forecast for Friday (July 24, 2015).

Published 24 Jul, 2015 12:00am
FBR to conduct forensic audit of cellular companies?

FBR to conduct forensic audit of cellular companies?

The Federal Board of Revenue (FBR) has decided to conduct forensic audit of the cellular companies to scrutinise tax collection and financial statements submitted by them. The government has not approved GSM development project of the Special Communicatio
Published 24 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
FBR to conduct forensic audit of cellular companies?

FBR to conduct forensic audit of cellular companies?

The Federal Board of Revenue (FBR) has decided to conduct forensic audit of the cellular companies to scrutinise tax collection and financial statements submitted by them. The government has not approved GSM development project of the Special Communicatio
Published 24 Jul, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
Yaqub Memon seeks stay of execution

Yaqub Memon seeks stay of execution

A convicted bomb plotter due to be hanged next week lodged on Thursday a last-ditch challenge with India's top court, claiming his death warrant had been issued before all legal avenues to appeal were exhausted. The Supreme Court on Tuesday rejected a fin
Published 24 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Jul, 2015 12:00am
Yaqub Memon seeks stay of execution

Yaqub Memon seeks stay of execution

A convicted bomb plotter due to be hanged next week lodged on Thursday a last-ditch challenge with India's top court, claiming his death warrant had been issued before all legal avenues to appeal were exhausted. The Supreme Court on Tuesday rejected a fin
Published 24 Jul, 2015 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 24 Jul, 2015 12:00am
Ghazi's murder case: Musharraf's non-bailable arrest warrants suspended

Ghazi's murder case: Musharraf's non-bailable arrest warrants suspended

Islamabad High Court (IHC) suspended non-bailable arrest warrants issued against former president General Pervez Musharraf (retd) in Lal Masjid cleric Abdul Rashid Ghazi's murder case, here on Thursday. A single-member bench comprising Justice Amir Farooq
Published 24 Jul, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
Ghazi's murder case: Musharraf's non-bailable arrest warrants suspended

Ghazi's murder case: Musharraf's non-bailable arrest warrants suspended

Islamabad High Court (IHC) suspended non-bailable arrest warrants issued against former president General Pervez Musharraf (retd) in Lal Masjid cleric Abdul Rashid Ghazi's murder case, here on Thursday. A single-member bench comprising Justice Amir Farooq
Published 24 Jul, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (July 23, 2015)

Published 24 Jul, 2015 12:00am
Creditors to start talks after Greece passes bailout bill

Creditors to start talks after Greece passes bailout bill

Greece''s creditors will head to Athens shortly to begin talks on a mammoth new bailout, the government said Thursday, as parliament approved a second batch of reforms needed for the negotiations to proceed. Greece''s finance ministry said representatives
Published 24 Jul, 2015 12:00am
Creditors to start talks after Greece passes bailout bill

Creditors to start talks after Greece passes bailout bill

Greece's creditors will head to Athens shortly to begin talks on a mammoth new bailout, the government said Thursday, as parliament approved a second batch of reforms needed for the negotiations to proceed. Greece's finance ministry said representatives f
Published 24 Jul, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
Creditors to start talks after Greece passes bailout bill

Creditors to start talks after Greece passes bailout bill

Greece's creditors will head to Athens shortly to begin talks on a mammoth new bailout, the government said Thursday, as parliament approved a second batch of reforms needed for the negotiations to proceed. Greece's finance ministry said representatives f
Published 24 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
Dar calls businessmen's meeting on 27th at FBR

Dar calls businessmen's meeting on 27th at FBR

Finance Minister Ishaq Dar will chair a meeting with representatives of business and trade on Monday (July 27) at Federal Board of Revenue (FBR) to get update on the agreement signed between business community and FBR regarding facilitating taxpayers in o
Published 24 Jul, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
Dar calls businessmen's meeting on 27th at FBR

Dar calls businessmen's meeting on 27th at FBR

Finance Minister Ishaq Dar will chair a meeting with representatives of business and trade on Monday (July 27) at Federal Board of Revenue (FBR) to get update on the agreement signed between business community and FBR regarding facilitating taxpayers in o
Published 24 Jul, 2015 12:00am
Dar calls businessmen's meeting on 27th at FBR

Dar calls businessmen's meeting on 27th at FBR

Finance Minister Ishaq Dar will chair a meeting with representatives of business and trade on Monday (July 27) at Federal Board of Revenue (FBR) to get update on the agreement signed between business community and FBR regarding facilitating taxpayers in o
Published 24 Jul, 2015 12:00am
Defence cooperation MoF, Chinese firm reach agreement

Defence cooperation MoF, Chinese firm reach agreement

Pakistan and China here on Thursday reached an understanding on matters of defence cooperation relating to Pakistan Navy and financial arrangements to this effect were also concluded. Agreement to this effect was reached between Minister for Finance Senat
Published 24 Jul, 2015 12:00am
THE RUPEE: modest recovery

THE RUPEE: modest recovery

The rupee improved with modest recovery against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee gained five-paisa versus the dollar for buying and selling at Rs 101.82 and Rs 101.83 respectively, they said.
Published 24 Jul, 2015 12:00am
Defence cooperation MoF, Chinese firm reach agreement

Defence cooperation MoF, Chinese firm reach agreement

Pakistan and China here on Thursday reached an understanding on matters of defence cooperation relating to Pakistan Navy and financial arrangements to this effect were also concluded. Agreement to this effect was reached between Minister for Finance Senat
Published 24 Jul, 2015 12:00am
THE RUPEE: modest recovery

THE RUPEE: modest recovery

The rupee improved with modest recovery against the dollar on the money market on Thursday in the process of trading, dealers said. The rupee gained five-paisa versus the dollar for buying and selling at Rs 101.82 and Rs 101.83 respectively, they said.
Published 24 Jul, 2015 12:00am
Cross-border shelling: Afghanistan summons Pakistani Ambassador

Cross-border shelling: Afghanistan summons Pakistani Ambassador

Afghanistan on Thursday summoned Pakistan Ambassador in Kabul Sayed Ibrar Hussain, lodging protest and expressing concerns over the alleged cross border shelling by Pakistani security along Pak-Afghan border. "Deputy Foreign Minister, Hekmat Khalil Karzai
Published 24 Jul, 2015 12:00am
Cross-border shelling: Afghanistan summons Pakistani Ambassador

Cross-border shelling: Afghanistan summons Pakistani Ambassador

Afghanistan on Thursday summoned Pakistan Ambassador in Kabul Sayed Ibrar Hussain, lodging protest and expressing concerns over the alleged cross border shelling by Pakistani security along Pak-Afghan border. "Deputy Foreign Minister, Hekmat Khalil Karzai
Published 24 Jul, 2015 12:00am
Five electrocuted as rain lashes Karachi

Five electrocuted as rain lashes Karachi

At least five people were electrocuted by broken-down power lines while scores more sustained injuries in different rain-related accidents as a thunderstorm accompanied by ferocious winds and pockets of heavy rainfall far swept through the city, according
Published 24 Jul, 2015 12:00am
Five electrocuted as rain lashes Karachi

Five electrocuted as rain lashes Karachi

At least five people were electrocuted by broken-down power lines while scores more sustained injuries in different rain-related accidents as a thunderstorm accompanied by ferocious winds and pockets of heavy rainfall far swept through the city, according
Published 24 Jul, 2015 12:00am
LSE index plunges 60.98 points

LSE index plunges 60.98 points

The LSE-25 index plunged by 60.98 points to 6381.97 against 6442.95 of Wednesday amid improved trading turnover on the Lahore Stock Exchange on Thursday. The transaction volume increased to 5.406 million shares compared with the day earlier volume of 3.35
Published 24 Jul, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (July 23, 2015).

Published 24 Jul, 2015 12:00am
LSE index plunges 60.98 points

LSE index plunges 60.98 points

The LSE-25 index plunged by 60.98 points to 6381.97 against 6442.95 of Wednesday amid improved trading turnover on the Lahore Stock Exchange on Thursday. The transaction volume increased to 5.406 million shares compared with the day earlier volume of 3.35
Published 24 Jul, 2015 12:00am
ISE index down 7.78 points

ISE index down 7.78 points

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) on Thursday, where bearish trend has been observed at the bourse under the lead of star performers amid decrease in index. ISE Ten Index was down by 7.78 points as the ISE Ten Index moved fro
Published 24 Jul, 2015 12:00am
ISE index down 7.78 points

ISE index down 7.78 points

Losers outclassed gainers at the Islamabad Stock Exchange (ISE) on Thursday, where bearish trend has been observed at the bourse under the lead of star performers amid decrease in index. ISE Ten Index was down by 7.78 points as the ISE Ten Index moved fro
Published 24 Jul, 2015 12:00am
Hizbul Mujahideen disowns splinter faction in IHK

Hizbul Mujahideen disowns splinter faction in IHK

Hizbul Mujahideen on Thursday disowned a splinter faction suspected of a string of killings in Indian-held Kashmir, with concerns growing that rogue insurgents could ratchet up tensions between India and Pakistan. Hizbul Mujahideen, a Kashmiri group whose
Published 24 Jul, 2015 12:00am
Iran deal fuels tussle for gas pipelines

Iran deal fuels tussle for gas pipelines

A landmark deal on Iran''s nuclear programme has breathed new life into plans for a gas pipeline through Pakistan - and sparked a geopolitical tussle, with Russia looking to expand its influence, observers say. With sanctions on Iran likely to ease and pe
Published 24 Jul, 2015 12:00am
Iran deal fuels tussle for gas pipelines

Iran deal fuels tussle for gas pipelines

A landmark deal on Iran's nuclear programme has breathed new life into plans for a gas pipeline through Pakistan - and sparked a geopolitical tussle, with Russia looking to expand its influence, observers say. With sanctions on Iran likely to ease and pea
Published 24 Jul, 2015 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jul, 2015 12:00am
Iran deal fuels tussle for gas pipelines

Iran deal fuels tussle for gas pipelines

A landmark deal on Iran's nuclear programme has breathed new life into plans for a gas pipeline through Pakistan - and sparked a geopolitical tussle, with Russia looking to expand its influence, observers say. With sanctions on Iran likely to ease and pea
Published 24 Jul, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Jul, 2015 12:00am
ISI seeks to rival the espionage capacity of US

ISI seeks to rival the espionage capacity of US

Pakistani intelligence sought to tap world-wide Internet traffic via underwater cables that would have given the country a digital espionage capacity to rival the US, according to a report by Privacy International. The report says the country''''s Inter S
Published 24 Jul, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 24 Jul, 2015 12:00am
ISI seeks to rival the espionage capacity of US

ISI seeks to rival the espionage capacity of US

Pakistani intelligence sought to tap world-wide Internet traffic via underwater cables that would have given the country a digital espionage capacity to rival the US, according to a report by Privacy International. The report says the country''s Inter Ser
Published 24 Jul, 2015 12:00am
ISI seeks to rival the espionage capacity of US

ISI seeks to rival the espionage capacity of US

Pakistani intelligence sought to tap world-wide Internet traffic via underwater cables that would have given the country a digital espionage capacity to rival the US, according to a report by Privacy International. The report says the country's Inter Serv
Published 24 Jul, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Jul, 2015 12:00am
ISI seeks to rival the espionage capacity of US

ISI seeks to rival the espionage capacity of US

Pakistani intelligence sought to tap world-wide Internet traffic via underwater cables that would have given the country a digital espionage capacity to rival the US, according to a report by Privacy International. The report says the country's Inter Serv
Published 24 Jul, 2015 12:00am
CoAS praised for facilitating Murree talks

CoAS praised for facilitating Murree talks

Top US commander in Afghanistan General John F. Campbell on Thursday appreciated Pakistan's gains in the ongoing operation Zarb-e-Azb against the militants, saying that the actions are helping in bring peace and stability in the whole region. According to
Published 24 Jul, 2015 12:00am
CoAS praised for facilitating Murree talks

CoAS praised for facilitating Murree talks

Top US commander in Afghanistan General John F. Campbell on Thursday appreciated Pakistan's gains in the ongoing operation Zarb-e-Azb against the militants, saying that the actions are helping in bring peace and stability in the whole region. According to
Published 24 Jul, 2015 12:00am
PSO gets another acting managing director

PSO gets another acting managing director

The Ministry of Petroleum and Natural Resources has terminated the services of Shahid Islam as managing director of the Pakistan State Oil (PSO). Administrative affairs at the country''s largest state-run oil supplier are being run on ad hoc basis ever si
Published 24 Jul, 2015 12:00am
PSO gets another acting managing director

PSO gets another acting managing director

The Ministry of Petroleum and Natural Resources has terminated the services of Shahid Islam as managing director of the Pakistan State Oil (PSO). Administrative affairs at the country's largest state-run oil supplier are being run on ad hoc basis ever sin
Published 24 Jul, 2015 12:00am
PSO gets another acting managing director

PSO gets another acting managing director

The Ministry of Petroleum and Natural Resources has terminated the services of Shahid Islam as managing director of the Pakistan State Oil (PSO). Administrative affairs at the country's largest state-run oil supplier are being run on ad hoc basis ever sin
Published 24 Jul, 2015 12:00am
Ministry barred from presenting draft auto policy to ECC

Ministry barred from presenting draft auto policy to ECC

Chairman Privatisation Commission (PC) Muhammad Zubair has reportedly barred Ministry of Industries and Production (MoI&P) from submitting the long- awaited new draft Auto Policy to the Economic Co-ordination Committee (ECC) of Cabinet without taking Mini
Published 24 Jul, 2015 12:00am
Ministry barred from presenting draft auto policy to ECC

Ministry barred from presenting draft auto policy to ECC

Chairman Privatisation Commission (PC) Muhammad Zubair has reportedly barred Ministry of Industries and Production (MoI&P) from submitting the long- awaited new draft Auto Policy to the Economic Co-ordination Committee (ECC) of Cabinet without taking Mini
Published 24 Jul, 2015 12:00am
Ministry barred from presenting draft auto policy to ECC

Ministry barred from presenting draft auto policy to ECC

Chairman Privatisation Commission (PC) Muhammad Zubair has reportedly barred Ministry of Industries and Production (MoI&P) from submitting the long- awaited new draft Auto Policy to the Economic Co-ordination Committee (ECC) of Cabinet without taking Mini
Published 24 Jul, 2015 12:00am
Imran accepts Judicial Commission's report

Imran accepts Judicial Commission's report

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Thursday said that he accepted the report of the Judicial Commission regarding the alleged rigging in general elections 2013, saying that he had already announced to accept the findings of the commissi
Published 24 Jul, 2015 12:00am
Imran accepts Judicial Commission's report

Imran accepts Judicial Commission's report

Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Thursday said that he accepted the report of the Judicial Commission regarding the alleged rigging in general elections 2013, saying that he had already announced to accept the findings of the commissi
Published 24 Jul, 2015 12:00am
Our position on poll fairness vindicated our stand: Prime Minister

Our position on poll fairness vindicated our stand: Prime Minister

Terming the report of Inquiry Commission as landmark, Prime Minister Nawaz Sharif on Thursday said that the country will embark upon a new era of peace and prosperity after the commission's report that has declared the general elections in accordance with
Published 24 Jul, 2015 12:00am
Our position on poll fairness vindicated our stand: Prime Minister

Our position on poll fairness vindicated our stand: Prime Minister

Terming the report of Inquiry Commission as landmark, Prime Minister Nawaz Sharif on Thursday said that the country will embark upon a new era of peace and prosperity after the commission's report that has declared the general elections in accordance with
Published 24 Jul, 2015 12:00am
ToRs, lack of cogent evidence help government survive PTI challenge

ToRs, lack of cogent evidence help government survive PTI challenge

The General Election 2013 Inquiry Commission (GEIC) has turned down Pakistan Tehreek-e-Insaf (PTI) allegations of an organised rigging during 2013 elections, declaring the elections were fair and in accordance with law. It, however, also concluded that "[
Published 24 Jul, 2015 12:00am
ToRs, lack of cogent evidence help government survive PTI challenge

ToRs, lack of cogent evidence help government survive PTI challenge

The General Election 2013 Inquiry Commission (GEIC) has turned down Pakistan Tehreek-e-Insaf (PTI) allegations of an organised rigging during 2013 elections, declaring the elections were fair and in accordance with law. It, however, also concluded that "[
Published 24 Jul, 2015 12:00am
BRIndex30 sheds 164.77 points

BRIndex30 sheds 164.77 points

On Thursday, BRIndex30 opened at 22,962.31 points. It touched an intraday high of 23,062.28 points and an intraday low of 22,778.41 points and closed at 22,797.54 points which was -164.77 points or -0.72 percent lower than previous close. Total volume was
Published 24 Jul, 2015 12:00am
BRIndex30 sheds 164.77 points

BRIndex30 sheds 164.77 points

On Thursday, BRIndex30 opened at 22,962.31 points. It touched an intraday high of 23,062.28 points and an intraday low of 22,778.41 points and closed at 22,797.54 points which was -164.77 points or -0.72 percent lower than previous close. Total volume was
Published 24 Jul, 2015 12:00am
Index moves into negative territory

Index moves into negative territory

After five-day consecutive gains, Karachi stocks descended into negative territory with KSE-100 index losing 122 points or 0.34 percent on Thursday. Amid what market analysts dubbed late session profit-taking, the benchmark index depleted to 35,934.99 poi
Published 24 Jul, 2015 12:00am
Index moves into negative territory

Index moves into negative territory

After five-day consecutive gains, Karachi stocks descended into negative territory with KSE-100 index losing 122 points or 0.34 percent on Thursday. Amid what market analysts dubbed late session profit-taking, the benchmark index depleted to 35,934.99 poi
Published 24 Jul, 2015 12:00am
Index moves into negative territory

Index moves into negative territory

After five-day consecutive gains, Karachi stocks descended into negative territory with KSE-100 index losing 122 points or 0.34 percent on Thursday. Amid what market analysts dubbed late session profit-taking, the benchmark index depleted to 35,934.99 poi
Published 24 Jul, 2015 12:00am
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