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Archive - 2012-01-10
Pakistan exports enhanced to $ 11.24bn
Top News

Pakistan exports enhanced to $ 11.24bn

KARACHI : Pakistan 's exports during July-December 2011-12 improved by 3.94 percent to $ 11.241 billion, compared to $
Published 10 Jan, 2012 08:48pm
Remittances jumped over $ 6.33bn
Top News

Remittances jumped over $ 6.33bn

KARACHI : Overseas Pakistani workers remittances have jumped by 19.54 percent to over $ 6.325 billion in the first half
Published 10 Jan, 2012 08:24pm
Pir Pagara passes away in London
Top News

Pir Pagara passes away in London

LONDON: Leader of Muslim League Functional and spiritual leader of Hur tribe Pir Sahib Pagara died in the Wellington Hos
Published 10 Jan, 2012 07:16pm
Shah Bhitai paid rich tributes
Arts

Shah Bhitai paid rich tributes

KARACHI: Permanent representative of Pakistan to United Nations Hussain Haroon has paid rich tributes to Shah Abdul Lati
Published 10 Jan, 2012 06:59pm
Energy committee reviews gas situation
Top News

Energy committee reviews gas situation

ISLAMABAD: The committee on energy held its first meeting on Tuesday at the Ministry of Petroleum and Natural Resources
Published 10 Jan, 2012 04:43pm
Israel, India seek to boost trade ties
Top News

Israel, India seek to boost trade ties

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu met visiting Indian Foreign Minister S.M. Krishna on Tuesday and ca
Published 10 Jan, 2012 02:44pm
President woes death of Pir Sahib Pagara
Top News

President woes death of Pir Sahib Pagara

ISLAMABAD: President Asif Ali Zardari has expressed his deep grief and sorrow over the sad demise of Chief of PML-Functi
Published 10 Jan, 2012 01:49pm
PM mourns over death of Pir Sahib Pagara
Top News

PM mourns over death of Pir Sahib Pagara

ISLAMABAD : Prime Minister, Syed Yusuf Raza Gilani has expressed profound grief and sorrow over the sad demise of PML
Published 10 Jan, 2012 01:48pm
SBP injects Rs 41.4bn in the market
Top News

SBP injects Rs 41.4bn in the market

KARACHI: State Bank of Pakistan (SBP) in its reverse repo open market operation in treasury bills and Pakistan Investmen
Published 10 Jan, 2012 01:48pm
Blast kills 20, injures 26 in Jamrud
Top News

Blast kills 20, injures 26 in Jamrud

PESHAWAR: At least 2O people were killed and 26 others injured in a car bomb blast in congested Jamrud Bazar of Khyber A
Published 10 Jan, 2012 01:35pm
Gold up at Rs 47,828
Top News

Gold up at Rs 47,828

KARACHI: Gold moved up by Rs 86 to close at Rs 47,828 per 10 grams in the local market Tuesday as its international pric
Published 10 Jan, 2012 01:30pm
KSE close of day
Top News

KSE close of day

RECORDER REPORT KARACHI: Bearish trend was witnessed at the Karachi Stock Exchange (KSE) on Tuesday due to across the bo
Published 10 Jan, 2012 09:25am
NRO Case: SC announces verdict
Top News

NRO Case: SC announces verdict

KARACHI : A five-member bench of the Supreme Court of Pakistan headed by Justice Asif Saeed Khosa on Tuesday announc
Published 10 Jan, 2012 09:14am
KSE mid day update
Top News

KSE mid day update

RECORDER REPORT KARACHI: On Tuesday, until 12:30 P.M., KSE-100 Index value was 10,881.85 with a net negative change o
Published 10 Jan, 2012 07:46am
TSMC December sales lowest in 22 months
Top News

TSMC December sales lowest in 22 months

TAIPEI: TSMC, the world's top contract chip maker, posted its lowest sales in 22 months in December as the semiconductor
Published 10 Jan, 2012 06:57am
Suicide bombers kill two
Asia

Suicide bombers kill two

KABUL: At least two policemen were killed and one wounded on Tuesday when a group of suicide bombers stormed a governm
Published 10 Jan, 2012 06:37am
H1 cement exports down 5 percent
Top News

H1 cement exports down 5 percent

RIZWAN BHATTI KARACHI : The country's cement exports fell by some 5 percent during the first half of current fiscal y
Published 10 Jan, 2012 06:03am
KSE morning update
Top News

KSE morning update

RECORDER REPORT KARACHI : Karachi share market witnessed negative trend on Tuesday due to selling in almost all sec
Published 10 Jan, 2012 05:37am
H2 revenue strategy approved by FBR
Top News

H2 revenue strategy approved by FBR

RECORDER REPORT ISLAMABAD: The Federal Board of Revenue has approved a national revenue strategy for second half (Jan
Published 10 Jan, 2012 04:32am
Broad, Davies give England hard earned win

Broad, Davies give England hard earned win

Steve Davies and Stuart Broad shared a resolute seventh stand of 61 to help an unimpressive England to win the three-day tour opener against ICC Combined XI by three wickets here on Monday. It was a case of second batting failure for the tourists as, chas
Published 10 Jan, 2012 12:00am
Mobilink holds 5th Club Indigo Golf tournament

Mobilink holds 5th Club Indigo Golf tournament

Mobilink inaugurated the 5th annual Club Indigo Golf Invitational, with the first leg of the tournament organised at the Karachi Golf Club. The one-day tourney in Karachi attracted over 100 amateur golfers, representing a diverse segment of Karachi's corp
Published 10 Jan, 2012 12:00am
Aussie and New Zealand dollars slips

Aussie and New Zealand dollars slips

The Aussie and New Zealand dollars got off to a rocky start on Monday on a broadly stronger greenback and softer retail sales in Australia, while the kiwi held on to last week's gains. The Aussie eased 0.6 percent to $1.0168, dipping as far as a one-week
Published 10 Jan, 2012 12:00am
Yuan remains down

Yuan remains down

The yuan is poised for its fourth straight day of losses on Monday, as the central bank set a weaker mid-point in response to the strong rise in the dollar, which neared a 16-month high against the euro on Friday. Spot yuan traded at 6.3182 at midday on M
Published 10 Jan, 2012 12:00am
Libor rates fall, short-term euro rates to dip

Libor rates fall, short-term euro rates to dip

Short-term eurozone interest rates are set to fall further in the near term due to a growing excess of cash in the banking system, even though the European Central Bank is unlikely to announce significant easing steps on Thursday. The ECB is seen remainin
Published 10 Jan, 2012 12:00am
Indian rupee ends up

Indian rupee ends up

The Indian rupee closed at a near three-week high on Monday after pulling back from the day's low, aided by robust dollar inflows as foreign funds lapped up local debt, which offset the impact of a volatile domestic share market. The partially convertible
Published 10 Jan, 2012 12:00am
Most Asian currencies fall

Most Asian currencies fall

Most emerging Asian currencies fell on Monday as investors covered short positions in the dollar and the euro as the single unit was seen as oversold, and regional units are expected to remain weak as worries about Europe's debt crisis intensify once agai
Published 10 Jan, 2012 12:00am
Euro crawls back from 16-month low in London

Euro crawls back from 16-month low in London

The euro crawled back from a fresh 16-month low to the dollar on Monday as traders trimmed short positions, but it was vulnerable to further falls due to worries over sovereign funding in the eurozone and the region's economic prospects. German Chancellor
Published 10 Jan, 2012 12:00am
Euro bounces in early New York trade

Euro bounces in early New York trade

The euro rebounded from a 16-month low against the dollar on Monday as participants pared short positions but remained overwhelmingly bearish ahead of crucial events this week. Recent data showed euro net short positions at their largest ever recorded, ma
Published 10 Jan, 2012 12:00am
Euro hits 16-month low in Asia

Euro hits 16-month low in Asia

The euro hit a 16-month low versus the dollar on Monday, hurt by negative news from the eurozone over the weekend, with the risks of further declines seen in coming months. The euro hit its lowest level since September 2010 of $1.2666 on trading platform
Published 10 Jan, 2012 12:00am
Sterling steadies

Sterling steadies

Sterling traded close to a 16-month high against the euro on Monday with investors cautious on the single currency after more negative news on Greece over the weekend added to concerns about eurozone sovereign funding pressures. The euro held just above a
Published 10 Jan, 2012 12:00am
German surplus widens, France set for record trade gap

German surplus widens, France set for record trade gap

German exports bounced back in November boosting the country's trade surplus, a sign that Europe's largest economy may avoid a sharp slowdown in contrast to France which is expected to have run up a record trade deficit in 2011. The leaders of the two cou
Published 10 Jan, 2012 12:00am
Investors pay to lend to Germany, want more from France

Investors pay to lend to Germany, want more from France

Investors paid to lend Germany a combined 3.9 billion euros for six months on Monday, accepting a loss in a renewed flight to safety from the eurozone debt crisis. France, by contrast, had to pay more to borrow short-term funds, albeit that demand for its
Published 10 Jan, 2012 12:00am
Swiss central bank head resigns after scandal

Swiss central bank head resigns after scandal

The embattled head of the Swiss central bank, Philipp Hildebrand, announced his immediate resignation on Monday after being caught up in a scandal over foreign exchange trades by his wife. At a news conference Hildebrand made public documents showing that
Published 10 Jan, 2012 12:00am
Audi gains ground on premium car rivals

Audi gains ground on premium car rivals

Audi, the premium car brand of Volkswagen, posted record sales in 2011 as demand for luxury cars in China and Russia helped it gain ground on bigger rivals like BMW and Daimler's Mercedes-Benz. Audi on Monday unveiled sales growth of 19.2 percent for last
Published 10 Jan, 2012 12:00am
US moves towards legal action against Swiss bank

US moves towards legal action against Swiss bank

US authorities are moving toward taking legal action against Wegelin & Co, which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowle
Published 10 Jan, 2012 12:00am
European crisis more dangerous than 2008: Soros

European crisis more dangerous than 2008: Soros

Europe's debt crisis is more dangerous than the 2008 global financial crisis, billionaire investor George Soros said. "We now have a crisis, which in my opinion is even more serious than the crash of 2008," Soros said on Monday at a business event in the
Published 10 Jan, 2012 12:00am
Rolls-Royce enjoys record sales

Rolls-Royce enjoys record sales

Upmarket UK-based carmaker Rolls-Royce, owned by BMW, said it sold a record number of cars in 2011 benefiting from a surge in demand for luxury and bespoke cars from customers in emerging markets. The 107-year-old company said it sold 3,538 cars in 2011,
Published 10 Jan, 2012 12:00am
Rolls-Royce enjoys record sales

Rolls-Royce enjoys record sales

Upmarket UK-based carmaker Rolls-Royce, owned by BMW, said it sold a record number of cars in 2011 benefiting from a surge in demand for luxury and bespoke cars from customers in emerging markets. The 107-year-old company said it sold 3,538 cars in 2011,
Published 10 Jan, 2012 12:00am
Fuel price hikes: deadly clashes as protesters shut down Nigeria

Fuel price hikes: deadly clashes as protesters shut down Nigeria

Nigerian police and protesters clashed on Monday and three people were shot dead as tens of thousands demonstrated nation-wide over fuel price hikes and a general strike shut down the country. The launch of what unions called an indefinite strike came at
Published 10 Jan, 2012 12:00am
Borrowers turn lenders as banks tap firms for cash

Borrowers turn lenders as banks tap firms for cash

Blue-chip names like Johnson & Johnson, Pfizer and Peugeot are among firms bailing out Europe's ailing banks in a reversal of the established roles of clients and lenders. One source with knowledge of the so-called repo deals or short-term secured lending
Published 10 Jan, 2012 12:00am
Palestinians to raise taxes, cut costs to curb deficit

Palestinians to raise taxes, cut costs to curb deficit

The Palestinian Authority will have to raise income tax and cut costs in 2012 to counter lower-than-expected foreign aid donations, Prime Minister Salam Fayyad has said. The authority's growing financial difficulties coincide with a period of high politic
Published 10 Jan, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 244,030 tonnes of cargo comprising 162,226 tonnes of import cargo and 81,804 tonnes of export cargo including 5,021 loaded & empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 162,226 to
Published 10 Jan, 2012 12:00am
Dry, windy weather hit Ivorian cocoa crop

Dry, windy weather hit Ivorian cocoa crop

Dry and windy weather continued last week in most of Ivory Coast's cocoa growing regions, reinforcing expectations of a weak tail-end of the main crop and a soft start to the mid-crop, farmers said on Monday. Cocoa arrivals to the top grower nation's two
Published 10 Jan, 2012 12:00am
Philippines' 2011 coconut oil exports down

Philippines' 2011 coconut oil exports down

The Philippines' coconut oil exports in 2011 fell 38.7 percent, a steeper drop than an industry forecast, as the world's top seller of the edible oil suffered from tight copra supply, preliminary industry data showed on Monday. But coconut oil exports in
Published 10 Jan, 2012 12:00am
Indonesia's 2011 palm oil exports fall five percent

Indonesia's 2011 palm oil exports fall five percent

Palm oil exports from Indonesia, the world's largest producer, dropped 5 percent to 19.4 million tonnes last year, the agriculture ministry said on Monday, highlighting rising domestic consumption. The fall in exports came even as palm output rose a modes
Published 10 Jan, 2012 12:00am
Barley Sindh, Mardan prices up on grain market

Barley Sindh, Mardan prices up on grain market

Barley Sindh and Mardan prices were higher on the wholesale grain market on Monday in process of modest trading, dealers said. On the grams side barley Sindh and Mardan were quoted higher at Rs 3450-3500, makai low type maintained overnight level at Rs 21
Published 10 Jan, 2012 12:00am
Despite firm price trend, cotton market awaiting TCP's move

Despite firm price trend, cotton market awaiting TCP's move

Spot rate was inched up by Rs 50, but traders are hoping for the Trading Corporation of Pakistan (TCP) intervention in the market to stabilise prices, dealers said on the cotton market on Monday. The official spot rate was raised by Rs 50 to Rs 5,550, the
Published 10 Jan, 2012 12:00am
Oil cake market rates

Oil cake market rates

The January vaida was lower and March contract was unchanged on the forward cottonseed oilcake market on Monday in process of trading, dealers said. The January contract that had ended at Rs 1162.60 commenced with 20 paisa loss at Rs 1162.40. The new Marc
Published 10 Jan, 2012 12:00am
Scattered rains headed for dry Brazil's grain areas

Scattered rains headed for dry Brazil's grain areas

Scattered showers will reach parts of Brazil's drought-hit southern grain belt over the next 10 days, forecaster Somar said Monday, though precipitation should be low in areas now losing production due to the lack of moisture. No 3 soy state Rio Grande do
Published 10 Jan, 2012 12:00am
Sui Northern Gas Pipelines

Sui Northern Gas Pipelines

Serving around 4 million consumers in commercial, domestic, general industry, fertiliser, power and cement sectors in north and central Pakistan, Sui Northern Gas Pipeline Limited is the largest integrated gas company. The Company was incorporated in 1963
Published 10 Jan, 2012 12:00am
Sui Northern Gas Pipelines

Sui Northern Gas Pipelines

Serving around 4 million consumers in commercial, domestic, general industry, fertiliser, power and cement sectors in north and central Pakistan, Sui Northern Gas Pipeline Limited is the largest integrated gas company. The Company was incorporated in 1963
Published 10 Jan, 2012 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 10 Jan, 2012 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 10 Jan, 2012 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 Monday (January 09, 2012).

Published 10 Jan, 2012 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 Monday (January 09, 2012).

Published 10 Jan, 2012 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 Monday (January 09, 2012).

Published 10 Jan, 2012 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 Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 09, 2012).
Published 10 Jan, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Malik says no talks with Saudi Arabia on Musharraf's return

Malik says no talks with Saudi Arabia on Musharraf's return

Interior Minister Rehman Malik on Monday ruled out any talks in relation to former President Pervez Musharraf's return to the country with Saudi Authorities. Talking to media at NADRA Headquarters, the minister said that Musharraf faced many cases in the
Published 10 Jan, 2012 12:00am
Malik says no talks with Saudi Arabia on Musharraf's return

Malik says no talks with Saudi Arabia on Musharraf's return

Interior Minister Rehman Malik on Monday ruled out any talks in relation to former President Pervez Musharraf's return to the country with Saudi Authorities. Talking to media at NADRA Headquarters, the minister said that Musharraf faced many cases in the
Published 10 Jan, 2012 12:00am
UAE delays oil pipeline to bypass Hormuz

UAE delays oil pipeline to bypass Hormuz

The United Arab Emirates has delayed the launch of a crucial oil pipeline to bypass the Straits of Hormuz to mid-2012, which analysts said would add to supply worries at a time when Iran threatens to block the strait for all the Gulf's oil. Oil prices hav
Published 10 Jan, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
UAE delays oil pipeline to bypass Hormuz

UAE delays oil pipeline to bypass Hormuz

The United Arab Emirates has delayed the launch of a crucial oil pipeline to bypass the Straits of Hormuz to mid-2012, which analysts said would add to supply worries at a time when Iran threatens to block the strait for all the Gulf's oil. Oil prices hav
Published 10 Jan, 2012 12:00am
UAE delays oil pipeline to bypass Hormuz

UAE delays oil pipeline to bypass Hormuz

The United Arab Emirates has delayed the launch of a crucial oil pipeline to bypass the Straits of Hormuz to mid-2012, which analysts said would add to supply worries at a time when Iran threatens to block the strait for all the Gulf''s oil. Oil prices ha
Published 10 Jan, 2012 12:00am
Iranian group to set up National Council

Iranian group to set up National Council

An Iranian opposition group said on Monday it aimed to create a national council incorporating a wide range of groups inside Iran by March to offer a "credible alternative" to the current government. Set up in April 2010, the Iranian Green Democratic Cong
Published 10 Jan, 2012 12:00am
Iranian group to set up National Council

Iranian group to set up National Council

An Iranian opposition group said on Monday it aimed to create a national council incorporating a wide range of groups inside Iran by March to offer a "credible alternative" to the current government. Set up in April 2010, the Iranian Green Democratic Cong
Published 10 Jan, 2012 12:00am
Iranian group to set up National Council

Iranian group to set up National Council

An Iranian opposition group said on Monday it aimed to create a national council incorporating a wide range of groups inside Iran by March to offer a "credible alternative" to the current government. Set up in April 2010, the Iranian Green Democratic Cong
Published 10 Jan, 2012 12:00am
Oil may hit $300

Oil may hit $300

About 14 huge tankers pass through Strait of Hormuz, a strategic shipping lane linking the Gulf of Oman with the Arabian Gulf, carrying about 15.5 million barrels of oil on an average day. This represents 35 percent of the world's seaborne oil shipments,
Published 10 Jan, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Jan, 2012 12:00am
Oil may hit $300

Oil may hit $300

About 14 huge tankers pass through Strait of Hormuz, a strategic shipping lane linking the Gulf of Oman with the Arabian Gulf, carrying about 15.5 million barrels of oil on an average day. This represents 35 percent of the world's seaborne oil shipments,
Published 10 Jan, 2012 12:00am
Oil may hit $300

Oil may hit $300

About 14 huge tankers pass through Strait of Hormuz, a strategic shipping lane linking the Gulf of Oman with the Arabian Gulf, carrying about 15.5 million barrels of oil on an average day. This represents 35 percent of the world''s seaborne oil shipments,
Published 10 Jan, 2012 12:00am
Iran starts underground nuclear work

Iran starts underground nuclear work

Iranian and Western sources said on Monday Iran had switched on a uranium enrichment plant deep inside a mountain, a momentous step that aggravates Tehran's nuclear dispute with the West. In a separate development that will infuriate Washington, Iran also
Published 10 Jan, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 10 Jan, 2012 12:00am
Iran starts underground nuclear work

Iran starts underground nuclear work

Iranian and Western sources said on Monday Iran had switched on a uranium enrichment plant deep inside a mountain, a momentous step that aggravates Tehran's nuclear dispute with the West. In a separate development that will infuriate Washington, Iran also
Published 10 Jan, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Jan, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
KSE successfully develops RMGS for brokerage houses

KSE successfully develops RMGS for brokerage houses

The Karachi Stock Exchange (KSE) has informed the members that on the recommendation of Development and Trading Affairs Committee and as approved by the Governing Board of Directors, the IT Division has completed successfully the development of a Risk Man
Published 10 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
KSE successfully develops RMGS for brokerage houses

KSE successfully develops RMGS for brokerage houses

The Karachi Stock Exchange (KSE) has informed the members that on the recommendation of Development and Trading Affairs Committee and as approved by the Governing Board of Directors, the IT Division has completed successfully the development of a Risk Man
Published 10 Jan, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
KSE successfully develops RMGS for brokerage houses

KSE successfully develops RMGS for brokerage houses

The Karachi Stock Exchange (KSE) has informed the members that on the recommendation of Development and Trading Affairs Committee and as approved by the Governing Board of Directors, the IT Division has completed successfully the development of a Risk Man
Published 10 Jan, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee was down against dollar and euro on currency market on Monday, they said. The rupee drifted lower by 15 paisa in relation to dollar for buying and selling at 90.75 and 90.80, they said.
Published 10 Jan, 2012 12:00am
Plan to phase out FED in three years readied

Plan to phase out FED in three years readied

The Federal Board of Revenue has developed a new dynamic plan to phase out federal excise duty in three years. The Revenue Division's Year Book 2010-11 issued by the FBR's research team of the Strategic Planning, Research and Statistics Wing here on Monda
Published 10 Jan, 2012 12:00am
THE RUPEE: all-round decline

THE RUPEE: all-round decline

The rupee was down against dollar and euro on currency market on Monday, they said. The rupee drifted lower by 15 paisa in relation to dollar for buying and selling at 90.75 and 90.80, they said.
Published 10 Jan, 2012 12:00am
Plan to phase out FED in three years readied

Plan to phase out FED in three years readied

The Federal Board of Revenue has developed a new dynamic plan to phase out federal excise duty in three years. The Revenue Division's Year Book 2010-11 issued by the FBR's research team of the Strategic Planning, Research and Statistics Wing here on Monda
Published 10 Jan, 2012 12:00am
Plan to phase out FED in three years readied

Plan to phase out FED in three years readied

The Federal Board of Revenue has developed a new dynamic plan to phase out federal excise duty in three years. The Revenue Division''s Year Book 2010-11 issued by the FBR''s research team of the Strategic Planning, Research and Statistics Wing here on Mon
Published 10 Jan, 2012 12:00am
Second-half revenue strategy approved by FBR

Second-half revenue strategy approved by FBR

The Federal Board of Revenue has approved a national revenue strategy for second half (January-June) 2011-12 to generate an additional amount of Rs 50-60 billion through administrative and enforcement actions in the remaining period of current fiscal year
Published 10 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Second-half revenue strategy approved by FBR

Second-half revenue strategy approved by FBR

The Federal Board of Revenue has approved a national revenue strategy for second half (January-June) 2011-12 to generate an additional amount of Rs 50-60 billion through administrative and enforcement actions in the remaining period of current fiscal year
Published 10 Jan, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Second-half revenue strategy approved by FBR

Second-half revenue strategy approved by FBR

The Federal Board of Revenue has approved a national revenue strategy for second half (January-June) 2011-12 to generate an additional amount of Rs 50-60 billion through administrative and enforcement actions in the remaining period of current fiscal year
Published 10 Jan, 2012 12:00am
Index sheds 85 points

Index sheds 85 points

The Karachi share market on Monday witnessed a mixed trend with the KSE-100 index oscillating between 11,163.21 points intra-day high and 11,024.99 points intra-day low levels, closing at 11,040.31 points, losing 85.04 points. Due to absence of investors,
Published 10 Jan, 2012 12:00am
Index sheds 85 points

Index sheds 85 points

The Karachi share market on Monday witnessed a mixed trend with the KSE-100 index oscillating between 11,163.21 points intra-day high and 11,024.99 points intra-day low levels, closing at 11,040.31 points, losing 85.04 points. Due to absence of investors,
Published 10 Jan, 2012 12:00am
Index sheds 85 points

Index sheds 85 points

The Karachi share market on Monday witnessed a mixed trend with the KSE-100 index oscillating between 11,163.21 points intra-day high and 11,024.99 points intra-day low levels, closing at 11,040.31 points, losing 85.04 points. Due to absence of investors,
Published 10 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 30th December, 2011.

Published 10 Jan, 2012 12:00am
BRIndex30 down 44.18 points

BRIndex30 down 44.18 points

On Monday, the BRIndex30 opened at 8,286.17 points. It touched the intra-day high of 8,307.02 points and low of 8,231.19 points, and closed at 8,241.99 points with a net negative change of -44.18 points, or -0.53 percent lower than previous close. The vol
Published 10 Jan, 2012 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 30th December, 2011.

Published 10 Jan, 2012 12:00am
BRIndex30 down 44.18 points

BRIndex30 down 44.18 points

On Monday, the BRIndex30 opened at 8,286.17 points. It touched the intra-day high of 8,307.02 points and low of 8,231.19 points, and closed at 8,241.99 points with a net negative change of -44.18 points, or -0.53 percent lower than previous close. The vol
Published 10 Jan, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Ijaz to appear before commission on January 16

Ijaz to appear before commission on January 16

US businessman Mansoor Ijaz's counsel Akram Sheikh on Monday told the judicial commission investigating the Memogate case that his client would appear before it on January 16. The commission directed the concerned authorities to immediately issue a visa t
Published 10 Jan, 2012 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
Ijaz to appear before commission on January 16

Ijaz to appear before commission on January 16

US businessman Mansoor Ijaz's counsel Akram Sheikh on Monday told the judicial commission investigating the Memogate case that his client would appear before it on January 16. The commission directed the concerned authorities to immediately issue a visa t
Published 10 Jan, 2012 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
I filed petition before PCNS formed: Nawaz

I filed petition before PCNS formed: Nawaz

President of Pakistan Muslim League-N Nawaz Sharif has urged the court to investigate the controversial memo and punish the conspirators. Talking to media persons outside Islamabad High Court after appearing before the memo investigation commission here o
Published 10 Jan, 2012 12:00am
I filed petition before PCNS formed: Nawaz

I filed petition before PCNS formed: Nawaz

President of Pakistan Muslim League-N Nawaz Sharif has urged the court to investigate the controversial memo and punish the conspirators. Talking to media persons outside Islamabad High Court after appearing before the memo investigation commission here o
Published 10 Jan, 2012 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (January 09, 2012).

Published 10 Jan, 2012 12:00am
President may go to Dubai tomorrow for medical check-up

President may go to Dubai tomorrow for medical check-up

President Asif Ali Zardari is likely to leave for Dubai on Wednesday (tomorrow) for medical check-up. According to sources, arrangements are being made for President's medical check-up in Dubai. It would be second visit of the President in two months. Dur
Published 10 Jan, 2012 12:00am
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