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Archive - 2012-02-09
LSE-25 index sheds 22.68 points
Markets

LSE-25 index sheds 22.68 points

LAHORE: The Lahore Stock Market (LSE) on Thursday witnessed a bearish trend as LSE-25 index dipped 22.68 points to close
Published 09 Feb, 2012 03:10pm
LPG prices slashed by Rs10 per kg
Top News

LPG prices slashed by Rs10 per kg

ISLAMABAD: The price of Liquefied Petroleum Gas (LPG) has been reduced by Rs 10 per kilogram, a private news channel rep
Published 09 Feb, 2012 03:04pm
RECORDER REPORT: KSE close of day
Top News

RECORDER REPORT: KSE close of day

KARACHI : KSE-100 index on Thursday lost 50.01 points and closed at 12,213.24 level due to profit taking mainly by local
Published 09 Feb, 2012 12:45pm
OPEC cuts 2012 oil demand forecast
Top News

OPEC cuts 2012 oil demand forecast

VIENNA: Economic weakness in Europe and the United States and higher oil prices led OPEC to cut its 2012 forecast for
Published 09 Feb, 2012 12:20pm
Euro, shares gain on Greek deal hopes
Top News

Euro, shares gain on Greek deal hopes

LONDON: European stock markets and the euro extended two months of gains on Thursday as Greece edged closer to a bailout
Published 09 Feb, 2012 12:17pm
Gold slips to Rs 50,485 per 10 grams
Top News

Gold slips to Rs 50,485 per 10 grams

KARACHI: Gold slipped by Rs 172 to close at Rs 50,485 per 10 grams in the local market Thursday as its international pri
Published 09 Feb, 2012 12:16pm
Cold, dry weather
Business & Finance

Cold, dry weather

KARACHI: The Met office has forecast a cold and dry weather in the metropolis for next 24 hours. The minimum temperatur
Published 09 Feb, 2012 12:00pm
PSO reports lower profit
Markets

PSO reports lower profit

KARACHI: Pakistan State Oil (PSO) has posted a lower profit after tax of Rs 4.583 billion during the half year ending De
Published 09 Feb, 2012 12:00pm
Hong Kong shares 0.51pc lower
Financial

Hong Kong shares 0.51pc lower

HONG KONG: Hong Kong stocks were 0.51 percent lower by the break Thursday, after Greece failed to reach a full agreement
Published 09 Feb, 2012 09:33am
Bad times to be rock band
Arts

Bad times to be rock band

HONG KONG : Some say these are bad times to be in a rock band. Pressure for instant success has never been greater as il
Published 09 Feb, 2012 09:20am
Defining 'coup' in the Maldives
Asia

Defining 'coup' in the Maldives

NEW DELHI: The legitimacy of the new administration in the Maldives could hinge on who wins a high-stakes debate over wh
Published 09 Feb, 2012 08:54am
RECORDER REPORT: KSE mid day update
Top News

RECORDER REPORT: KSE mid day update

KARACHI : On Thursday, at 12:40 P.M. , KSE-100 Index was at 12,235.83 with a negative change of -27.42 and volume o
Published 09 Feb, 2012 08:41am
Europe must advance to fix debt: Wayne
Top News

Europe must advance to fix debt: Wayne

SYDNEY: Australian Treasurer Wayne Swan on Thursday said action by the European Central Bank has bought breathing space
Published 09 Feb, 2012 07:07am
Hubco exceeds expectations
BR Research

Hubco exceeds expectations

The merciless circular debt continues to grapple with the earnings of the energy sector, particularly the IPPs that have the highest exposur
Published 09 Feb, 2012 12:00am
FBR: Cutting it close
BR Research

FBR: Cutting it close

The appointment of Mumtaz Haider Rizvi as acting chairman Federal Board of Revenue (FBR) alludes to the governments satisfaction with the st
Published 09 Feb, 2012 12:00am
Bharti's profit dives 22 percent

Bharti's profit dives 22 percent

India's top mobile phone firm, Bharti Airtel, on Wednesday reported an unexpected 22 percent plunge in quarterly profit from a year ago, hit by lower phone usage and heavy interest charges. Net profit slid to 10.1 billion rupees ($206 million) in the thre
Published 09 Feb, 2012 12:00am
BHP Billiton profit slips but still in league of its own

BHP Billiton profit slips but still in league of its own

BHP Billiton, the world's biggest miner, reported a rare fall in earnings on Wednesday, hurt by labour battles and weaker commodity prices, but the result showed it was still in a different league from its would-be rival: Glencore-Xstrata.
Published 09 Feb, 2012 12:00am
BHP Billiton profit slips but still in league of its own

BHP Billiton profit slips but still in league of its own

BHP Billiton, the world's biggest miner, reported a rare fall in earnings on Wednesday, hurt by labour battles and weaker commodity prices, but the result showed it was still in a different league from its would-be rival: Glencore-Xstrata.
Published 09 Feb, 2012 12:00am
EU seeks to patch up differences with UK over banks

EU seeks to patch up differences with UK over banks

The European Union (EU) sought to patch up differences with Britain over financial regulation, saying on Tuesday there was room for exemptions in a draft European banking law to accommodate stricter local supervision of lenders. Jonathan Faull, head of th
Published 09 Feb, 2012 12:00am
India expects slowest growth in three years

India expects slowest growth in three years

India forecast on Tuesday economic growth would fall below seven percent for the first time in three years, hit by an aggressive string of interest rate hikes and economic reform paralysis. Asia's third-largest economy will probably grow by 6.9 percent in
Published 09 Feb, 2012 12:00am
US Midwest corn, soya bids narrowly mixed

US Midwest corn, soya bids narrowly mixed

Corn and soyabean spot basis bids were steady to narrowly mixed around the US Midwest on Tuesday as futures ended nearly unchanged and farmers delayed sales of each commodity, grain merchants said. Corn bids eased at an eastern Nebraska ethanol plant and
Published 09 Feb, 2012 12:00am
Spot rate raised to Rs 5,800 on cotton market

Spot rate raised to Rs 5,800 on cotton market

Official spot rates raised by Rs 100 as mills and exporters continued buying to meet their requirements, dealers said on cotton market on Wednesday. The official spot rate was higher by Rs 100 to Rs 5,800, they said. Prices of seedcotton in Sindh were at
Published 09 Feb, 2012 12:00am
Oil cake market rates

Oil cake market rates

Both the contracts were sharply down on the forward cottonseed oilcake market on Wednesday in process of trading, dealers said. The March vaida closed at 771.70 and opened with sharp loss of Rs 1.40 at Rs 770.30 and the March vaida closed at Rs 699.30 sho
Published 09 Feb, 2012 12:00am
Ukraine likely to harvest 45 million tonnes of grain in 2012

Ukraine likely to harvest 45 million tonnes of grain in 2012

Ukraine is likely to bring in a grain harvest of 45 million tonnes in 2012 - its fourth-largest in 20 years - despite a severe drought and cold snap which have hit Ukrainian winter grain crops, a top consultancy said on Tuesday. UkrAgroConsult's forecast
Published 09 Feb, 2012 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 133,372 tonnes of cargo comprising 102,886 tonnes of import cargo and 30,486 tonnes of export cargo including 3,423 loaded & empty containers during last 24 hours ended at 0700 hours on Wednesday. The total import cargo of 102,886
Published 09 Feb, 2012 12:00am
India's January oilmeal exports down

India's January oilmeal exports down

India's oilmeal exports fell 14.23 percent in January to 549,716 tonnes, a top trade body said on Tuesday, which analysts said was primarily due to a ban on the country's oilmeal imports by China. Soymeal exports, which account for bulk of India's oilmeal
Published 09 Feb, 2012 12:00am
Iraq seeks to buy 30,000 tonnes of rice

Iraq seeks to buy 30,000 tonnes of rice

Iraq's state grain board has issued an international tender to purchase at least 30,000 tonnes of rice, European traders said on Tuesday. Any origin will be accepted. The bidding deadline is February 13 and offers must remain valid until February 17. Volu
Published 09 Feb, 2012 12:00am
Signs build that Iran sanctions disrupt food imports

Signs build that Iran sanctions disrupt food imports

More evidence emerged on Tuesday of the crippling impact of new sanctions on Iran, with international traders saying Tehran is having trouble buying rice, cooking oil and other staples to feed its 74 million people weeks before an election. New US financi
Published 09 Feb, 2012 12:00am
China to raise imports of US soyabeans: Oil World

China to raise imports of US soyabeans: Oil World

China, the world's largest soyabean buyer, is likely to increase its soyabean imports from the United States in coming weeks due to a poor domestic crop and drought in South America, Hamburg-based oilseeds analysts Oil World said on Tuesday. "Additional (
Published 09 Feb, 2012 12:00am
Signs build that Iran sanctions disrupt food imports

Signs build that Iran sanctions disrupt food imports

More evidence emerged on Tuesday of the crippling impact of new sanctions on Iran, with international traders saying Tehran is having trouble buying rice, cooking oil and other staples to feed its 74 million people weeks before an election. New US financi
Published 09 Feb, 2012 12:00am
Military in talks with Nato officials

Military in talks with Nato officials

Pakistan said that its senior military officials were meeting a group of Nato and Afghan commanders Wednesday, for the first face-to-face talks since closing its border over an attack that killed 24 servicemen last year. The talks were being held at the B
Published 09 Feb, 2012 12:00am
Gram prices up on grain market

Gram prices up on grain market

Grams prices were sharply up on the wholesale grain market on Wednesday as supplies were tight from the upcountry market, dealers said. On the grams side, grams Australia N0.1 rose by Rs 200 to Rs 5200-5400, grams Australia No 1 Dall followed the same pat
Published 09 Feb, 2012 12:00am
Military in talks with Nato officials

Military in talks with Nato officials

Pakistan said that its senior military officials were meeting a group of Nato and Afghan commanders Wednesday, for the first face-to-face talks since closing its border over an attack that killed 24 servicemen last year. The talks were being held at the B
Published 09 Feb, 2012 12:00am
CoAS visits Kurram Agency

CoAS visits Kurram Agency

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Wednesday visited Kurram Agency on Wednesday and lauded sacrifices and efforts of the troops fighting the menace of terrorism. On arrival, he was briefed about the progress of Operation Azmari Gh
Published 09 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 09 Feb, 2012 12:00am
CoAS visits Kurram Agency

CoAS visits Kurram Agency

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Wednesday visited Kurram Agency on Wednesday and lauded sacrifices and efforts of the troops fighting the menace of terrorism. On arrival, he was briefed about the progress of Operation Azmari Gh
Published 09 Feb, 2012 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:.

Published 09 Feb, 2012 12:00am
Pakistan, Russia discuss trade plans

Pakistan, Russia discuss trade plans

Pakistan and Russia Wednesday agreed to promote and enhance bilateral relations in diverse fields including trade, energy and people-to-people contacts. Addressing a joint press along with her Russian counterpart, Foreign Minister Hina Rabbani Khar said t
Published 09 Feb, 2012 12:00am
Pakistan, Russia discuss trade plans

Pakistan, Russia discuss trade plans

Pakistan and Russia Wednesday agreed to promote and enhance bilateral relations in diverse fields including trade, energy and people-to-people contacts. Addressing a joint press along with her Russian counterpart, Foreign Minister Hina Rabbani Khar said t
Published 09 Feb, 2012 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

The Exchange Rates Committee of State Bank of Pakistan issued the following exchange rates bulletin here on Wednesday (February 08, 2012). Conversion rates for foreign currency deposits, DBC/FCBC, Special US$ Bonds and profits thereon and for forward cove
Published 09 Feb, 2012 12:00am
Pakistan, Russia discuss trade plans

Pakistan, Russia discuss trade plans

Pakistan and Russia Wednesday agreed to promote and enhance bilateral relations in diverse fields including trade, energy and people-to-people contacts. Addressing a joint press along with her Russian counterpart, Foreign Minister Hina Rabbani Khar said t
Published 09 Feb, 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 09 Feb, 2012 12:00am
US drone attack kills 10 in North Waziristan

US drone attack kills 10 in North Waziristan

A US drone aircraft killed 10 suspected militants in North Waziristan region near the Afghanistan border on Wednesday, security officials and residents said, the fifth such strike this year. The unacknowledged Central Intelligence Agency drone programme,
Published 09 Feb, 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 Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
US drone attack kills 10 in North Waziristan

US drone attack kills 10 in North Waziristan

A US drone aircraft killed 10 suspected militants in North Waziristan region near the Afghanistan border on Wednesday, security officials and residents said, the fifth such strike this year. The unacknowledged Central Intelligence Agency drone programme,
Published 09 Feb, 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 Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
MFN status to India: Commerce Ministry in an awkward situation

MFN status to India: Commerce Ministry in an awkward situation

The Commerce Ministry has reportedly begun dragging its feet in the grant of the most favoured nation (MFN) status to India in response to concerns by some parliamentarians, the establishment, the Ministry of Foreign Affairs, and business community, the f
Published 09 Feb, 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 Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
MFN status to India: Commerce Ministry in an awkward situation

MFN status to India: Commerce Ministry in an awkward situation

The Commerce Ministry has reportedly begun dragging its feet in the grant of the most favoured nation (MFN) status to India in response to concerns by some parliamentarians, the establishment, the Ministry of Foreign Affairs, and business community, the f
Published 09 Feb, 2012 12:00am
MFN status to India: Commerce Ministry in an awkward situation

MFN status to India: Commerce Ministry in an awkward situation

The Commerce Ministry has reportedly begun dragging its feet in the grant of the most favoured nation (MFN) status to India in response to concerns by some parliamentarians, the establishment, the Ministry of Foreign Affairs, and business community, the f
Published 09 Feb, 2012 12:00am
Indian ministers quit after caught watching porn in parliament

Indian ministers quit after caught watching porn in parliament

Three Indian politicians from a morally conservative party, including a women's affairs minister, resigned on Wednesday after being caught watching pornography on a mobile phone during a session of state parliament. News channels broadcast footage showing
Published 09 Feb, 2012 12:00am
Indian ministers quit after caught watching porn in parliament

Indian ministers quit after caught watching porn in parliament

Three Indian politicians from a morally conservative party, including a women's affairs minister, resigned on Wednesday after being caught watching pornography on a mobile phone during a session of state parliament. News channels broadcast footage showing
Published 09 Feb, 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 Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 08, 2012).
Published 09 Feb, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

The Federal Board of Revenue (FBR) has notified income tax exemption for non-resident investors of OGDCL's Exchangeable Bonds. In this connection, the FBR issued an SRO64(I)/2012 to amend the Second Schedule of the Income Tax Ordinance 2001 here on Wednes
Published 09 Feb, 2012 12:00am
OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

The Federal Board of Revenue (FBR) has notified income tax exemption for non-resident investors of OGDCL's Exchangeable Bonds. In this connection, the FBR issued an SRO64(I)/2012 to amend the Second Schedule of the Income Tax Ordinance 2001 here on Wednes
Published 09 Feb, 2012 12:00am
OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

The Federal Board of Revenue (FBR) has notified income tax exemption for non-resident investors of OGDCL''s Exchangeable Bonds. In this connection, the FBR issued an SRO64(I)/2012 to amend the Second Schedule of the Income Tax Ordinance 2001 here on Wedne
Published 09 Feb, 2012 12:00am
OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

The Federal Board of Revenue (FBR) has notified income tax exemption for non-resident investors of OGDCL''''s Exchangeable Bonds. In this connection, the FBR issued an SRO64(I)/2012 to amend the Second Schedule of the Income Tax Ordinance 2001 here on Wed
Published 09 Feb, 2012 12:00am
OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

OGDCL Exchangeable Bonds: non-resident investors allowed tax relief

The Federal Board of Revenue (FBR) has notified income tax exemption for non-resident investors of OGDCL''''''''s Exchangeable Bonds. In this connection, the FBR issued an SRO64(I)/2012 to amend the Second Schedule of the Income Tax Ordinance 2001 here on
Published 09 Feb, 2012 12:00am
Index loses 21.37 points

Index loses 21.37 points

Investors on Karachi Stock Exchange on Wednesday opted for profit taking and the KSE-100 index lost 21.37 points to close at 12,263.25 points. Although the market saw positive trend during most part of the day, and the index hit 12,405.48 points intra-day
Published 09 Feb, 2012 12:00am
Index loses 21.37 points

Index loses 21.37 points

Investors on Karachi Stock Exchange on Wednesday opted for profit taking and the KSE-100 index lost 21.37 points to close at 12,263.25 points. Although the market saw positive trend during most part of the day, and the index hit 12,405.48 points intra-day
Published 09 Feb, 2012 12:00am
Index loses 21.37 points

Index loses 21.37 points

Investors on Karachi Stock Exchange on Wednesday opted for profit taking and the KSE-100 index lost 21.37 points to close at 12,263.25 points. Although the market saw positive trend during most part of the day, and the index hit 12,405.48 points intra-day
Published 09 Feb, 2012 12:00am
BRIndex30 high 2.39 points

BRIndex30 high 2.39 points

On Wednesday, BRIndex30 opened at 9,310.08 and remained green throughout the trading session except in the last few minutes when it turned negative but recovered before market closing. It touched an intraday high of 9,421.13 and an intraday low of 9,295.8
Published 09 Feb, 2012 12:00am
BRIndex30 high 2.39 points

BRIndex30 high 2.39 points

On Wednesday, BRIndex30 opened at 9,310.08 and remained green throughout the trading session except in the last few minutes when it turned negative but recovered before market closing. It touched an intraday high of 9,421.13 and an intraday low of 9,295.8
Published 09 Feb, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Legislation adopted to make PPIB statutory institution

Legislation adopted to make PPIB statutory institution

National Assembly on Wednesday passed legislation for making Private Power and Infrastructure Board a statutory institution with the objective to promote, encourage and facilitate private investment in the power sector. The bill, moved by Minister for Wat
Published 09 Feb, 2012 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Legislation adopted to make PPIB statutory institution

Legislation adopted to make PPIB statutory institution

National Assembly on Wednesday passed legislation for making Private Power and Infrastructure Board a statutory institution with the objective to promote, encourage and facilitate private investment in the power sector. The bill, moved by Minister for Wat
Published 09 Feb, 2012 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Legislation adopted to make PPIB statutory institution

Legislation adopted to make PPIB statutory institution

National Assembly on Wednesday passed legislation for making Private Power and Infrastructure Board a statutory institution with the objective to promote, encourage and facilitate private investment in the power sector. The bill, moved by Minister for Wat
Published 09 Feb, 2012 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Economic outlook: government doesn't agree to IMF perspective: minister

Economic outlook: government doesn't agree to IMF perspective: minister

Minister of State for Finance Khawaja Sheraz said on Wednesday that the government did not agree to International Monetary Fund (IMF) perspective on economic outlook of Pakistan. Responding to a call-attention notice moved by Pakistan Muslim League (N) pa
Published 09 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Economic outlook: government doesn't agree to IMF perspective: minister

Economic outlook: government doesn't agree to IMF perspective: minister

Minister of State for Finance Khawaja Sheraz said on Wednesday that the government did not agree to International Monetary Fund (IMF) perspective on economic outlook of Pakistan. Responding to a call-attention notice moved by Pakistan Muslim League (N) pa
Published 09 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Economic outlook: government doesn''t agree to IMF perspective: minister

Economic outlook: government doesn''t agree to IMF perspective: minister

Minister of State for Finance Khawaja Sheraz said on Wednesday that the government did not agree to International Monetary Fund (IMF) perspective on economic outlook of Pakistan. Responding to a call-attention notice moved by Pakistan Muslim League (N) pa
Published 09 Feb, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

Jubilee Life Insurance Meeseq Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
HBL privatisation declared lawful

HBL privatisation declared lawful

The Supreme Court on Wednesday declared the privatisation of Habib Bank Limited lawful. Disposing of petitions, a three-member bench led by Justice Tassaduq Hussain Jillani had announced a short order in the matter on November 29, 2011.
Published 09 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
HBL privatisation declared lawful

HBL privatisation declared lawful

The Supreme Court on Wednesday declared the privatisation of Habib Bank Limited lawful. Disposing of petitions, a three-member bench led by Justice Tassaduq Hussain Jillani had announced a short order in the matter on November 29, 2011.
Published 09 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
HBL privatisation declared lawful

HBL privatisation declared lawful

The Supreme Court on Wednesday declared the privatisation of Habib Bank Limited lawful. Disposing of petitions, a three-member bench led by Justice Tassaduq Hussain Jillani had announced a short order in the matter on November 29, 2011.
Published 09 Feb, 2012 12:00am
JLI YAQEEN GROWTH FUND RATES

JLI YAQEEN GROWTH FUND RATES

Jubilee Life Insurance Yaqeen Growth Fund Rates on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
FBR agreed to all proposals on CGT: SECP chief

FBR agreed to all proposals on CGT: SECP chief

The Chairman of Securities and Exchange Commission of Pakistan (SECP), Muhammad Ali, categorically said on Wednesday that the Federal Board of Revenue (FBR) has agreed to all proposals of the SECP on capital gain tax (CGT), and revision in the CGT regime
Published 09 Feb, 2012 12:00am
FBR agreed to all proposals on CGT: SECP chief

FBR agreed to all proposals on CGT: SECP chief

The Chairman of Securities and Exchange Commission of Pakistan (SECP), Muhammad Ali, categorically said on Wednesday that the Federal Board of Revenue (FBR) has agreed to all proposals of the SECP on capital gain tax (CGT), and revision in the CGT regime
Published 09 Feb, 2012 12:00am
FBR agreed to all proposals on CGT: SECP chief

FBR agreed to all proposals on CGT: SECP chief

The Chairman of Securities and Exchange Commission of Pakistan (SECP), Muhammad Ali, categorically said on Wednesday that the Federal Board of Revenue (FBR) has agreed to all proposals of the SECP on capital gain tax (CGT), and revision in the CGT regime
Published 09 Feb, 2012 12:00am
FBR agreed to all proposals on CGT: SECP chief

FBR agreed to all proposals on CGT: SECP chief

The Chairman of Securities and Exchange Commission of Pakistan (SECP), Muhammad Ali, categorically said on Wednesday that the Federal Board of Revenue (FBR) has agreed to all proposals of the SECP on capital gain tax (CGT), and revision in the CGT regime
Published 09 Feb, 2012 12:00am
IHC rejects Lodhi's plea for interim relief

IHC rejects Lodhi's plea for interim relief

Islamabad High Court on Wednesday rejected a plea for interim relief sought by Lieutenant General Naeem Khalid Lodhi (Retd) to reinstate him as Defence Secretary and directed the Federation for not appointing any new Defence Secretary till the final dispo
Published 09 Feb, 2012 12:00am
IHC rejects Lodhi's plea for interim relief

IHC rejects Lodhi's plea for interim relief

Islamabad High Court on Wednesday rejected a plea for interim relief sought by Lieutenant General Naeem Khalid Lodhi (Retd) to reinstate him as Defence Secretary and directed the Federation for not appointing any new Defence Secretary till the final dispo
Published 09 Feb, 2012 12:00am
Renewable energy investors eyeing Asia beyond China, India

Renewable energy investors eyeing Asia beyond China, India

Global renewable energy investors are increasingly looking to Southeast and South Asia, lured by investment incentives rolled out by governments in the region amid a bleak outlook for clean energy investment in Europe and the United States. China and Indi
Published 09 Feb, 2012 12:00am
Renewable energy investors eyeing Asia beyond China, India

Renewable energy investors eyeing Asia beyond China, India

Global renewable energy investors are increasingly looking to Southeast and South Asia, lured by investment incentives rolled out by governments in the region amid a bleak outlook for clean energy investment in Europe and the United States. China and Indi
Published 09 Feb, 2012 12:00am
Renewable energy investors eyeing Asia beyond China, India

Renewable energy investors eyeing Asia beyond China, India

Global renewable energy investors are increasingly looking to Southeast and South Asia, lured by investment incentives rolled out by governments in the region amid a bleak outlook for clean energy investment in Europe and the United States. China and Indi
Published 09 Feb, 2012 12:00am
FBR to impose penalty on false national tax, CNIC numbers

FBR to impose penalty on false national tax, CNIC numbers

The Federal Board of Revenue (FBR) has decided to impose a Rs 5,000 penalty on registered persons in case of providing fake national tax number (NTN) and computerised national identity card (CNIC) number of unregistered persons in sales tax return. Source
Published 09 Feb, 2012 12:00am
FBR to impose penalty on false national tax, CNIC numbers

FBR to impose penalty on false national tax, CNIC numbers

The Federal Board of Revenue (FBR) has decided to impose a Rs 5,000 penalty on registered persons in case of providing fake national tax number (NTN) and computerised national identity card (CNIC) number of unregistered persons in sales tax return. Source
Published 09 Feb, 2012 12:00am
FBR to impose penalty on false national tax, CNIC numbers

FBR to impose penalty on false national tax, CNIC numbers

The Federal Board of Revenue (FBR) has decided to impose a Rs 5,000 penalty on registered persons in case of providing fake national tax number (NTN) and computerised national identity card (CNIC) number of unregistered persons in sales tax return. Source
Published 09 Feb, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Feb, 2012 12:00am
Singapore warns US on anti-China rhetoric

Singapore warns US on anti-China rhetoric

Singapore on Wednesday urged the United States to be careful in comments on China, warning that suggestions of a strategy to contain the rising power could cause strife in Asia. On a visit to Washington, Foreign Minister K. Shanmugam voiced confidence tha
Published 09 Feb, 2012 12:00am
Singapore warns US on anti-China rhetoric

Singapore warns US on anti-China rhetoric

Singapore on Wednesday urged the United States to be careful in comments on China, warning that suggestions of a strategy to contain the rising power could cause strife in Asia. On a visit to Washington, Foreign Minister K. Shanmugam voiced confidence tha
Published 09 Feb, 2012 12:00am
Tear gas fired at Maldives protesters after leader ousted 'at gunpoint'

Tear gas fired at Maldives protesters after leader ousted 'at gunpoint'

The ousted president of the Maldives, credited with bringing democracy to the Indian Ocean island resort, said on Wednesday he was forced out of power at gunpoint, prompting clashes between police and angry supporters. Police tried to break up the protest
Published 09 Feb, 2012 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Feb, 2012 12:00am
Tear gas fired at Maldives protesters after leader ousted 'at gunpoint'

Tear gas fired at Maldives protesters after leader ousted 'at gunpoint'

The ousted president of the Maldives, credited with bringing democracy to the Indian Ocean island resort, said on Wednesday he was forced out of power at gunpoint, prompting clashes between police and angry supporters. Police tried to break up the protest
Published 09 Feb, 2012 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Feb, 2012 12:00am
Asia may respond slowly to economic shock: S&P

Asia may respond slowly to economic shock: S&P

Global economic uncertainties are resurging. Policymakers in Asia will have to work quickly to offset the effects of a global recession, if it occurs. But they might not be able to do so, given their respective domestic political challenges. That's accord
Published 09 Feb, 2012 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Feb, 2012 12:00am
Asia may respond slowly to economic shock: S&P

Asia may respond slowly to economic shock: S&P

Global economic uncertainties are resurging. Policymakers in Asia will have to work quickly to offset the effects of a global recession, if it occurs. But they might not be able to do so, given their respective domestic political challenges. That's accord
Published 09 Feb, 2012 12:00am
Asia may respond slowly to economic shock: S&P

Asia may respond slowly to economic shock: S&P

Global economic uncertainties are resurging. Policymakers in Asia will have to work quickly to offset the effects of a global recession, if it occurs. But they might not be able to do so, given their respective domestic political challenges. That''s accor
Published 09 Feb, 2012 12:00am
Japan's 2011 current account surplus slumps to 15-year low

Japan's 2011 current account surplus slumps to 15-year low

Japan's current account surplus shrank sharply to a 15-year low in 2011, and while foreign investments are covering a declining trade position for now there are growing questions over how long Tokyo will be able to fund its huge public debt domestically.
Published 09 Feb, 2012 12:00am
Japan's 2011 current account surplus slumps to 15-year low

Japan's 2011 current account surplus slumps to 15-year low

Japan's current account surplus shrank sharply to a 15-year low in 2011, and while foreign investments are covering a declining trade position for now there are growing questions over how long Tokyo will be able to fund its huge public debt domestically.
Published 09 Feb, 2012 12:00am
Japan''s 2011 current account surplus slumps to 15-year low

Japan''s 2011 current account surplus slumps to 15-year low

Japan''s current account surplus shrank sharply to a 15-year low in 2011, and while foreign investments are covering a declining trade position for now there are growing questions over how long Tokyo will be able to fund its huge public debt domestically.
Published 09 Feb, 2012 12:00am
Capital Adequacy Returns: SBP advice to MFBs

Capital Adequacy Returns: SBP advice to MFBs

The State Bank of Pakistan (SBP) has advised all Microfinance Banks (MFBs) to report their quarterly un-audited Capital Adequacy Returns to its Banking Surveillance Department as per the reporting format prescribed in Annexure-A of Prudential Regulation N
Published 09 Feb, 2012 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Capital Adequacy Returns: SBP advice to MFBs

Capital Adequacy Returns: SBP advice to MFBs

The State Bank of Pakistan (SBP) has advised all Microfinance Banks (MFBs) to report their quarterly un-audited Capital Adequacy Returns to its Banking Surveillance Department as per the reporting format prescribed in Annexure-A of Prudential Regulation N
Published 09 Feb, 2012 12:00am
Capital Adequacy Returns: SBP advice to MFBs

Capital Adequacy Returns: SBP advice to MFBs

The State Bank of Pakistan (SBP) has advised all Microfinance Banks (MFBs) to report their quarterly un-audited Capital Adequacy Returns to its Banking Surveillance Department as per the reporting format prescribed in Annexure-A of Prudential Regulation N
Published 09 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
'Date exports may be enhanced up to $200 million'

'Date exports may be enhanced up to $200 million'

The country's dates' exports can be enhanced up to dollars 200 million if proper processing and packaging facilities are provided at farm level, said Ahmad Jawad, Chief Executive Officer Harvest Tradings and Member Export Committee, Islamabad Chamber of C
Published 09 Feb, 2012 12:00am
Rates of Debt Securities

Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (February 08, 2012).

Published 09 Feb, 2012 12:00am
Bait-ul-Maal to sponsor orphan students

Bait-ul-Maal to sponsor orphan students

Pakistan Bait-ul-Maal (PBM) would provide sponsorships to all orphan students of National University of Modern Languages (NUML), to make them active and educated member of the society. This was stated by Bait-ul-Maal Chairman Zumurad Khan while talking to
Published 09 Feb, 2012 12:00am
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