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Archive - 2011-11-24
Extension of irrigation system Rs 9,297m
Top News

Extension of irrigation system Rs 9,297m

LAHORE: The provincial irrigation secretary has said that Punjab government has initiated a project of worth Rs 9,297 mi
Published 24 Nov, 2011 03:44pm
PACRA's `AAA' rating for State Life
Top News

PACRA's `AAA' rating for State Life

KARACHI: The Pakistan Credit Rating Agency (PACRA) has maintained the Insurer Financial Strength (IFS) rating of `AAA' (
Published 24 Nov, 2011 03:03pm
Sherry Rehman meets Foreign Minister
Top News

Sherry Rehman meets Foreign Minister

ISLAMABAD: Foreign Minister Hina Rabbani Khar on Thursday received Ms. Sherry Rehman who has been nominated as Pakistan'
Published 24 Nov, 2011 02:45pm
Forex reserves at $16.96bn
Top News

Forex reserves at $16.96bn

KARACHI: The foreign exchange reserves of the country have been recorded slightly down to dollars 16.96 billion on Nov 1
Published 24 Nov, 2011 02:29pm
TDAP to participate in SIAL food fair
Top News

TDAP to participate in SIAL food fair

ISLAMABAD: Trade Development Authority of Pakistan (TDAP) in collaboration with the Commercial Section, Embassy of Pakis
Published 24 Nov, 2011 11:52am
50bps cut in interest rate likely
Top News

50bps cut in interest rate likely

RECORDER REPORT KARACHI : The State Bank of Pakistan (SBP) is likely to slash interest rate by 50bps in the upcoming
Published 24 Nov, 2011 06:30am
China announces Pacific naval exercises
Top News

China announces Pacific naval exercises

BEIJING: China has said it will conduct "routine" naval exercises in the Pacific Ocean, in the week after a major diplom
Published 24 Nov, 2011 06:10am
3-year PIBs cut-off yield up 7bps
Top News

3-year PIBs cut-off yield up 7bps

RECORDER REPORT KARACHI : The cut-off yield on the 3-year Pakistan Investment Bonds rose by 7bps to 12.22 percent.
Published 24 Nov, 2011 03:29am
KSE: Out for the count!
BR Research

KSE: Out for the count!

Brokers at the local bourse would fare better delivering pizzas. Given the fact that average volumes for the calendar year to date at the Ka
Published 24 Nov, 2011 12:00am
Egypt's bourse rebounds; Gulf stocks down

Egypt's bourse rebounds; Gulf stocks down

Bargain hunters helped Egypt's bourse bounce back on Wednesday after a 10-day losing streak caused by unrest which had dragged it to 32-month lows, while UAE markets slipped to new multi-year lows on global concerns and lack of investor interest. Traders
Published 24 Nov, 2011 12:00am
Oil cake market rates

Oil cake market rates

The December vaida was up and the January contract was unchanged on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The December contract that had ended at Rs 1307.60 opened with a gain of 10 paisa to 1307.70. The J
Published 24 Nov, 2011 12:00am
Indian sugar prices jump to 11-month high

Indian sugar prices jump to 11-month high

Indian sugar prices climbed four percent on Wednesday to their highest level in nearly 11 months after the government allowed exports of one million tonnes and traders looked to take advantage of higher global prices, analysts and traders said. The Decemb
Published 24 Nov, 2011 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 100,516 tonnes of cargo comprising 50,767 tonnes of import cargo and 49,749 tonnes of export cargo including 3,896 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 50,767 t
Published 24 Nov, 2011 12:00am
US wheat, soya and corn futures fall

US wheat, soya and corn futures fall

US wheat, corn and soyabean futures all fell on Wednesday on deepening concerns about the global economic outlook after poor macroeconomic news, traders and analysts said. "I think clearly the correlation between the agricultural markets and the macro mar
Published 24 Nov, 2011 12:00am
Grams prices move both ways on grain market

Grams prices move both ways on grain market

Grams prices move both ways on the wholesale grain market on Wednesday in process of trading, dealers said. On the cereal side wheat old and new Bardan were quoted at Rs 2680 and 2695, gur low type did not show any change at Rs 5000 while the best type wa
Published 24 Nov, 2011 12:00am
EU may extend zero import duty on feed wheat, barley

EU may extend zero import duty on feed wheat, barley

The European Union's cereals management committee may vote on Thursday to extend the suspension of the bloc's import duties on feed wheat and barley until June 30 2012, a draft agenda of the meeting seen by Reuters showed. In June, the EU suspended its im
Published 24 Nov, 2011 12:00am
Message from Prime Minister of Islamic Republic of Pakistan

Message from Prime Minister of Islamic Republic of Pakistan

I am pleased to know that the Institution of Engineers Pakistan, on 63rd year of its existence, has organised the 44th Convention at its Lahore headquarters. Records show that during its long history, the Institution and its members have contributed large
Published 24 Nov, 2011 12:00am
Message from Governor of Punjab

Message from Governor of Punjab

It is a matter of great pleasure to learn that the Institution of Engineers, Pakistan is holding its 44th Annual Convention from 23rd - 24th November, 2011 at Lahore. The International Seminar on "Energy Problems in South Asian Countries - Causes & Soluti
Published 24 Nov, 2011 12:00am
Message from Chief Minister of Punjab

Message from Chief Minister of Punjab

I am pleased to know that the Institution of Engineers, Pakistan which came into existence with the blessings of Quaid-e-Azam Muhammad Ali Jinnah in 1948 at Dhaka is holding its 44th Annual Convention from 23rd - 24th November, 2011 at Lahore.
Published 24 Nov, 2011 12:00am
Message from President, IEP

Message from President, IEP

Annual Convention is an important occasion in the life cycle of any Institution. In such Conventions, Engineers from all over the country as well eminent Engineers from foreign lands get together to deliberate on important current issues faced by the host
Published 24 Nov, 2011 12:00am
Message from Chairman Lahore Local Centre, IEP

Message from Chairman Lahore Local Centre, IEP

It is a matter of great delight that the Institution of Engineers, Pakistan, is holding the 44th Annual Convention of the Institution of Engineers, Pakistan from 23rd to 24thNovember 2011 at Lahore, along with International Seminar on " Energy Problems in
Published 24 Nov, 2011 12:00am
Institution of Engineers Pakistan: an introduction

Institution of Engineers Pakistan: an introduction

The Institution of Engineers, Pakistan (IEP) was founded with the blessing of the Father of the Nation, Quaid-e-Azam Muhammad Ali Jinnah, in 1948 with its Headquarters at Dhaka. In 1972 the IEP Headquarters were shifted to Lahore. IEP has its own constitu
Published 24 Nov, 2011 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 24 Nov, 2011 12:00am
New York cotton

New York cotton

Tuesday's closing prices of New York cotton in US cents/lb.

Published 24 Nov, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 24 Nov, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 24 Nov, 2011 12:00am
NRO case: scope of review petition limited: Supreme Court

NRO case: scope of review petition limited: Supreme Court

Resuming the hearing of National Reconciliation Ordinance (NRO) review petition case on Wednesday the full court of the Supreme Court (SC) questioned whether anybody's right was impeached or any component of the federation was hurt by the SC verdict on NR
Published 24 Nov, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
NRO case: scope of review petition limited: Supreme Court

NRO case: scope of review petition limited: Supreme Court

Resuming the hearing of National Reconciliation Ordinance (NRO) review petition case on Wednesday the full court of the Supreme Court (SC) questioned whether anybody's right was impeached or any component of the federation was hurt by the SC verdict on NR
Published 24 Nov, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Transparency in deals: Court findings to provide roadmap: CJP

Transparency in deals: Court findings to provide roadmap: CJP

Chief Justice Iftikhar Muhammad Chaudhry remarked on Wednesday that Supreme Court's intention was to examine the question of transparency in Rental Power Projects deals. The court findings would be a roadmap for everybody to ensure fair play in every proj
Published 24 Nov, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Transparency in deals: Court findings to provide roadmap: CJP

Transparency in deals: Court findings to provide roadmap: CJP

Chief Justice Iftikhar Muhammad Chaudhry remarked on Wednesday that Supreme Court's intention was to examine the question of transparency in Rental Power Projects deals. The court findings would be a roadmap for everybody to ensure fair play in every proj
Published 24 Nov, 2011 12:00am
National Assembly passes three bills

National Assembly passes three bills

The National Assembly on Wednesday unanimously passed three bills-'Anti-Dumping Duties (Amendment) Bill, 2009, The Banks (Nationalisation) (Amendment) Bill, 2010 and The Islamabad Consumer Protection (Amendment) Bill, 2010' to empower an existing tribunal
Published 24 Nov, 2011 12:00am
National Assembly passes three bills

National Assembly passes three bills

The National Assembly on Wednesday unanimously passed three bills-'Anti-Dumping Duties (Amendment) Bill, 2009, The Banks (Nationalisation) (Amendment) Bill, 2010 and The Islamabad Consumer Protection (Amendment) Bill, 2010' to empower an existing tribunal
Published 24 Nov, 2011 12:00am
National Assembly passes three bills

National Assembly passes three bills

The National Assembly on Wednesday unanimously passed three bills-''Anti-Dumping Duties (Amendment) Bill, 2009, The Banks (Nationalisation) (Amendment) Bill, 2010 and The Islamabad Consumer Protection (Amendment) Bill, 2010'' to empower an existing tribun
Published 24 Nov, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
IMF sees 'challenging' outlook for Pakistan

IMF sees 'challenging' outlook for Pakistan

The outlook for Pakistan's economy for the current year ending June 2012 is "challenging," with global investors more risk averse, the IMF said on Tuesday, adding that ongoing security concerns are likely to limit capital inflows.
Published 24 Nov, 2011 12:00am
IMF sees 'challenging' outlook for Pakistan

IMF sees 'challenging' outlook for Pakistan

The outlook for Pakistan's economy for the current year ending June 2012 is "challenging," with global investors more risk averse, the IMF said on Tuesday, adding that ongoing security concerns are likely to limit capital inflows.
Published 24 Nov, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 23, 2011).
Published 24 Nov, 2011 12:00am
IMF sees ''challenging'' outlook for Pakistan

IMF sees ''challenging'' outlook for Pakistan

The outlook for Pakistan''s economy for the current year ending June 2012 is "challenging," with global investors more risk averse, the IMF said on Tuesday, adding that ongoing security concerns are likely to limit capital inflows.
Published 24 Nov, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Current Account may run into deficit: IMF

Current Account may run into deficit: IMF

The International Monetary Fund (IMF) has projected Pakistan's real GDP growth at 3.5 per cent against 4.2 percent budgetary projection for the current fiscal year and expressed apprehensions that the country's current account balance is expected to run i
Published 24 Nov, 2011 12:00am
Current Account may run into deficit: IMF

Current Account may run into deficit: IMF

The International Monetary Fund (IMF) has projected Pakistan's real GDP growth at 3.5 per cent against 4.2 percent budgetary projection for the current fiscal year and expressed apprehensions that the country's current account balance is expected to run i
Published 24 Nov, 2011 12:00am
Current Account may run into deficit: IMF

Current Account may run into deficit: IMF

The International Monetary Fund (IMF) has projected Pakistan''s real GDP growth at 3.5 per cent against 4.2 percent budgetary projection for the current fiscal year and expressed apprehensions that the country''s current account balance is expected to run
Published 24 Nov, 2011 12:00am
Current Account may run into deficit: IMF

Current Account may run into deficit: IMF

The International Monetary Fund (IMF) has projected Pakistan''''s real GDP growth at 3.5 per cent against 4.2 percent budgetary projection for the current fiscal year and expressed apprehensions that the country''''s current account balance is expected to
Published 24 Nov, 2011 12:00am
Wheat support price raised to Rs 1,050 per 40 kg

Wheat support price raised to Rs 1,050 per 40 kg

The government has fixed Rs 1,050 as wheat support price per 40 kg with an increase of Rs 100 over previous price of Rs 950, allowing Passco to procure wheat from farmers. The decision to this effect was taken in a meeting presided over by Prime Minister
Published 24 Nov, 2011 12:00am
Wheat support price raised to Rs 1,050 per 40 kg

Wheat support price raised to Rs 1,050 per 40 kg

The government has fixed Rs 1,050 as wheat support price per 40 kg with an increase of Rs 100 over previous price of Rs 950, allowing Passco to procure wheat from farmers. The decision to this effect was taken in a meeting presided over by Prime Minister
Published 24 Nov, 2011 12:00am
Wheat support price raised to Rs 1,050 per 40 kg

Wheat support price raised to Rs 1,050 per 40 kg

The government has fixed Rs 1,050 as wheat support price per 40 kg with an increase of Rs 100 over previous price of Rs 950, allowing Passco to procure wheat from farmers. The decision to this effect was taken in a meeting presided over by Prime Minister
Published 24 Nov, 2011 12:00am
Bulletproof cars: ECC clears way for duty-free import

Bulletproof cars: ECC clears way for duty-free import

The government has decided, in principle, to allow duty-free import of raw materials used in bullet-proof vehicles, meant for public figures, facing life threats from terrorists, sources told Business Recorder. The decision was taken by the Economi
Published 24 Nov, 2011 12:00am
Bulletproof cars: ECC clears way for duty-free import

Bulletproof cars: ECC clears way for duty-free import

The government has decided, in principle, to allow duty-free import of raw materials used in bullet-proof vehicles, meant for public figures, facing life threats from terrorists, sources told Business Recorder. The decision was taken by the Economi
Published 24 Nov, 2011 12:00am
Bulletproof cars: ECC clears way for duty-free import

Bulletproof cars: ECC clears way for duty-free import

The government has decided, in principle, to allow duty-free import of raw materials used in bullet-proof vehicles, meant for public figures, facing life threats from terrorists, sources told Business Recorder. The decision was taken by the Economi
Published 24 Nov, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Yemen's Saleh signs power transfer deal

Yemen's Saleh signs power transfer deal

Yemeni President Ali Abdullah Saleh signed a deal on Wednesday under which he will step down after 33 years in power and 10 months of protests against his rule that brought the country to the brink of civil war. Celebrations erupted in the capital Sanaa a
Published 24 Nov, 2011 12:00am
Yemen's Saleh signs power transfer deal

Yemen's Saleh signs power transfer deal

Yemeni President Ali Abdullah Saleh signed a deal on Wednesday under which he will step down after 33 years in power and 10 months of protests against his rule that brought the country to the brink of civil war. Celebrations erupted in the capital Sanaa a
Published 24 Nov, 2011 12:00am
Bahrain used 'excessive force' in crackdown: Panel

Bahrain used 'excessive force' in crackdown: Panel

Bahrain's security forces used excessive force to suppress pro-democracy protests earlier this year, torturing detainees to get confessions, an inquiry panel charged with investigating abuses said on Wednesday. The government commissioned report, designed
Published 24 Nov, 2011 12:00am
Bahrain used 'excessive force' in crackdown: Panel

Bahrain used 'excessive force' in crackdown: Panel

Bahrain's security forces used excessive force to suppress pro-democracy protests earlier this year, torturing detainees to get confessions, an inquiry panel charged with investigating abuses said on Wednesday. The government commissioned report, designed
Published 24 Nov, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
POL prices likely to increase by Rs 3-4 per litre

POL prices likely to increase by Rs 3-4 per litre

The government is likely to increase major petroleum products prices by Rs 3-4 per litre effective from December 1st. Officials at the Oil and Gas Regulatory Authority (Ogra) told Business Recorder here on Wednesday that keeping in view the interna
Published 24 Nov, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
POL prices likely to increase by Rs 3-4 per litre

POL prices likely to increase by Rs 3-4 per litre

The government is likely to increase major petroleum products prices by Rs 3-4 per litre effective from December 1st. Officials at the Oil and Gas Regulatory Authority (Ogra) told Business Recorder here on Wednesday that keeping in view the interna
Published 24 Nov, 2011 12:00am
NJLI Managed Growth Fund Rates

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
POL prices likely to increase by Rs 3-4 per litre

POL prices likely to increase by Rs 3-4 per litre

The government is likely to increase major petroleum products prices by Rs 3-4 per litre effective from December 1st. Officials at the Oil and Gas Regulatory Authority (Ogra) told Business Recorder here on Wednesday that keeping in view the interna
Published 24 Nov, 2011 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Index sheds 133 points

Index sheds 133 points

A bearish trend continued on Karachi share market on Wednesday due to selling by both local and foreign investors, and KSE-100 index lost 133.03 points, closing at 11,633.97 points. Although the opening was positive and the index hit 11,836.21 points intr
Published 24 Nov, 2011 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Index sheds 133 points

Index sheds 133 points

A bearish trend continued on Karachi share market on Wednesday due to selling by both local and foreign investors, and KSE-100 index lost 133.03 points, closing at 11,633.97 points. Although the opening was positive and the index hit 11,836.21 points intr
Published 24 Nov, 2011 12:00am
NJLI Sarmaya Growth Fund Rates

NJLI Sarmaya Growth Fund Rates

New Jubilee Life Insurance Sarmaya Growth Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Index sheds 133 points

Index sheds 133 points

A bearish trend continued on Karachi share market on Wednesday due to selling by both local and foreign investors, and KSE-100 index lost 133.03 points, closing at 11,633.97 points. Although the opening was positive and the index hit 11,836.21 points intr
Published 24 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
BRIndex30 loses 95.52 points

BRIndex30 loses 95.52 points

On Wednesday, the BRIndex30 opened at 8,996.98 points. It touched the intra-day high of 9,064.22 points and low of 8,889.12 points and closed at 8,901.46 points, with a net negative change of -95.52 points, or -1.06 percent lower than previous close.
Published 24 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
BRIndex30 loses 95.52 points

BRIndex30 loses 95.52 points

On Wednesday, the BRIndex30 opened at 8,996.98 points. It touched the intra-day high of 9,064.22 points and low of 8,889.12 points and closed at 8,901.46 points, with a net negative change of -95.52 points, or -1.06 percent lower than previous close.
Published 24 Nov, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (November 23, 2011).

Published 24 Nov, 2011 12:00am
Sherry appointed new envoy to US in surprise move

Sherry appointed new envoy to US in surprise move

The government on Wednesday appointed Sherry Rehman, former Information Minister, as new ambassador to the US following weeks of controversy over 'Memogate' leading to the resignation of Husain Haqqani.
Published 24 Nov, 2011 12:00am
Sherry appointed new envoy to US in surprise move

Sherry appointed new envoy to US in surprise move

The government on Wednesday appointed Sherry Rehman, former Information Minister, as new ambassador to the US following weeks of controversy over 'Memogate' leading to the resignation of Husain Haqqani.
Published 24 Nov, 2011 12:00am
US looks forward to working with new ambassador

US looks forward to working with new ambassador

The United States on Wednesday said it looked forward to working with Pakistan's new Ambassador to Washington Sherry Rehman on enhancing bilateral relationship. "We certainly look forward to working together with her as we continue to build a strong co-op
Published 24 Nov, 2011 12:00am
US looks forward to working with new ambassador

US looks forward to working with new ambassador

The United States on Wednesday said it looked forward to working with Pakistan's new Ambassador to Washington Sherry Rehman on enhancing bilateral relationship. "We certainly look forward to working together with her as we continue to build a strong co-op
Published 24 Nov, 2011 12:00am
Security panel takes up issue tomorrow

Security panel takes up issue tomorrow

The Parliamentary Committee on National Security has been summoned on Friday to discuss the controversial 'memogate.' To be headed by its chairman Senator Raza Rabbani, the committee will take up the issue in toto.
Published 24 Nov, 2011 12:00am
Security panel takes up issue tomorrow

Security panel takes up issue tomorrow

The Parliamentary Committee on National Security has been summoned on Friday to discuss the controversial 'memogate.' To be headed by its chairman Senator Raza Rabbani, the committee will take up the issue in toto.
Published 24 Nov, 2011 12:00am
50bps cut in interest rate likely

50bps cut in interest rate likely

The State Bank of Pakistan (SBP) is likely to slash interest rate by 50bps in the upcoming Monetary Policy to be announced on November 30, 2011, analysts said. The SBP cut interest rate by 150bps to 12 percent in the previous MPS announced on October 8, 2
Published 24 Nov, 2011 12:00am
50bps cut in interest rate likely

50bps cut in interest rate likely

The State Bank of Pakistan (SBP) is likely to slash interest rate by 50bps in the upcoming Monetary Policy to be announced on November 30, 2011, analysts said. The SBP cut interest rate by 150bps to 12 percent in the previous MPS announced on October 8, 2
Published 24 Nov, 2011 12:00am
50bps cut in interest rate likely

50bps cut in interest rate likely

The State Bank of Pakistan (SBP) is likely to slash interest rate by 50bps in the upcoming Monetary Policy to be announced on November 30, 2011, analysts said. The SBP cut interest rate by 150bps to 12 percent in the previous MPS announced on October 8, 2
Published 24 Nov, 2011 12:00am
Unresolved controversy

Unresolved controversy

Although, the question whether or not Pakistan ambassador to the US Husain Haqqani's resignation does anything to prove the authenticity of the controversial memo still begs an answer, this spin-doctor of repute has finally met his waterloo.
Published 24 Nov, 2011 12:00am
Unresolved controversy

Unresolved controversy

Although, the question whether or not Pakistan ambassador to the US Husain Haqqani's resignation does anything to prove the authenticity of the controversial memo still begs an answer, this spin-doctor of repute has finally met his waterloo.
Published 24 Nov, 2011 12:00am
Three-year PIBs cut-off yield up 7bps

Three-year PIBs cut-off yield up 7bps

The cut-off yield on the 3-year Pakistan Investment Bonds rose by 7bps to 12.22 percent. Similarly, the cut-off yield for 10-year Pakistan Investment Bonds increased by 9bps to 12.32 percent. The total realised amount for the 3-year PIBs stood at Rs 4,943
Published 24 Nov, 2011 12:00am
Three-year PIBs cut-off yield up 7bps

Three-year PIBs cut-off yield up 7bps

The cut-off yield on the 3-year Pakistan Investment Bonds rose by 7bps to 12.22 percent. Similarly, the cut-off yield for 10-year Pakistan Investment Bonds increased by 9bps to 12.32 percent. The total realised amount for the 3-year PIBs stood at Rs 4,943
Published 24 Nov, 2011 12:00am
Three-year PIBs cut-off yield up 7bps

Three-year PIBs cut-off yield up 7bps

The cut-off yield on the 3-year Pakistan Investment Bonds rose by 7bps to 12.22 percent. Similarly, the cut-off yield for 10-year Pakistan Investment Bonds increased by 9bps to 12.32 percent. The total realised amount for the 3-year PIBs stood at Rs 4,943
Published 24 Nov, 2011 12:00am
Three-year PIBs cut-off yield up 7bps

Three-year PIBs cut-off yield up 7bps

The cut-off yield on the 3-year Pakistan Investment Bonds rose by 7bps to 12.22 percent. Similarly, the cut-off yield for 10-year Pakistan Investment Bonds increased by 9bps to 12.32 percent. The total realised amount for the 3-year PIBs stood at Rs 4,943
Published 24 Nov, 2011 12:00am
Salman Butt, Aamir lose fixing appeals

Salman Butt, Aamir lose fixing appeals

Cricketers Salman Butt and Mohammad Aamir lost their appeals on Wednesday against their jail sentences for their part in a betting scam that rocked the world of cricket. The Court of Appeal dismissed their appeals at a hearing in London. On November 3, fo
Published 24 Nov, 2011 12:00am
Salman Butt, Aamir lose fixing appeals

Salman Butt, Aamir lose fixing appeals

Cricketers Salman Butt and Mohammad Aamir lost their appeals on Wednesday against their jail sentences for their part in a betting scam that rocked the world of cricket. The Court of Appeal dismissed their appeals at a hearing in London. On November 3, fo
Published 24 Nov, 2011 12:00am
Medvedev threatens missile deployment on EU borders

Medvedev threatens missile deployment on EU borders

Russia on Wednesday warned the West that it could deploy missiles on the EU's borders to strike against missile defence facilities that the United States plans to install in eastern Europe. President Dmitry Medvedev said Russia was prepared to deploy Iska
Published 24 Nov, 2011 12:00am
Medvedev threatens missile deployment on EU borders

Medvedev threatens missile deployment on EU borders

Russia on Wednesday warned the West that it could deploy missiles on the EU's borders to strike against missile defence facilities that the United States plans to install in eastern Europe. President Dmitry Medvedev said Russia was prepared to deploy Iska
Published 24 Nov, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Nov, 2011 12:00am
CCPA Board constitutes two subcommittees

CCPA Board constitutes two subcommittees

The Central Power Purchasing Agency's (CPPA) Board of Directors (BoD) on Wednesday held its first meeting to discuss different issues of the company. Secretary, Water and Power, Imtiaz Kazi, presided over the meeting. The CPPA will replace Pakistan Electr
Published 24 Nov, 2011 12:00am
CCPA Board constitutes two subcommittees

CCPA Board constitutes two subcommittees

The Central Power Purchasing Agency's (CPPA) Board of Directors (BoD) on Wednesday held its first meeting to discuss different issues of the company. Secretary, Water and Power, Imtiaz Kazi, presided over the meeting. The CPPA will replace Pakistan Electr
Published 24 Nov, 2011 12:00am
CCPA Board constitutes two subcommittees

CCPA Board constitutes two subcommittees

The Central Power Purchasing Agency''s (CPPA) Board of Directors (BoD) on Wednesday held its first meeting to discuss different issues of the company. Secretary, Water and Power, Imtiaz Kazi, presided over the meeting. The CPPA will replace Pakistan Elect
Published 24 Nov, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 24 Nov, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Nov, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Nov, 2011 12:00am