BR100 Decreased By (-0.25%)
BR30 Decreased By (-0.64%)
KSE100 Decreased By (-0.41%)
KSE30 Decreased By (-0.67%)
BECO 5.83 Decreased By ▼ -0.20 (-3.32%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 33.79 Decreased By ▼ -0.46 (-1.34%)
CNERGY 8.15 Decreased By ▼ -0.01 (-0.12%)
DCL 11.79 Decreased By ▼ -0.55 (-4.46%)
FCCL 53.49 Decreased By ▼ -0.40 (-0.74%)
FCSC 5.40 Increased By ▲ 0.18 (3.45%)
FFL 17.84 Decreased By ▼ -0.19 (-1.05%)
FNEL 1.30 No Change ▼ 0.00 (0%)
HUMNL 11.11 Increased By ▲ 0.11 (1%)
KEL 8.02 Decreased By ▼ -0.09 (-1.11%)
KOSM 5.45 Increased By ▲ 0.07 (1.3%)
MLCF 87.40 Decreased By ▼ -0.65 (-0.74%)
NBP 184.24 Decreased By ▼ -2.24 (-1.2%)
PACE 11.62 Increased By ▲ 0.90 (8.4%)
PAEL 40.25 Increased By ▲ 0.31 (0.78%)
PIAHCLA 26.12 Decreased By ▼ -0.05 (-0.19%)
PIBTL 17.14 Decreased By ▼ -0.18 (-1.04%)
PPL 228.73 Decreased By ▼ -4.05 (-1.74%)
PRL 34.49 Decreased By ▼ -0.46 (-1.32%)
PTC 67.54 Decreased By ▼ -0.02 (-0.03%)
SEARL 90.93 No Change ▼ 0.00 (0%)
SSGC 26.83 Decreased By ▼ -0.34 (-1.25%)
TELE 8.53 Decreased By ▼ -0.04 (-0.47%)
THCCL 66.14 Increased By ▲ 6.01 (10%)
TPLP 9.33 Increased By ▲ 0.57 (6.51%)
TREET 24.51 Decreased By ▼ -0.03 (-0.12%)
TRG 71.61 Decreased By ▼ -0.14 (-0.2%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.28 Increased By ▲ 0.02 (1.59%)
اردو
Android App
Print Edition Dollar to PKR
Budget 2026-27 Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices
Archive - 2017-02-02
India unveils ''election'' budget

India unveils ''election'' budget

India unveiled a budget on Wednesday to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on "black money". Finance Minister Arun Jai
Updated 07 Sep, 2017 02:14pm
Hungary's Orban and ally Putin cement closer ties
Europe

Hungary's Orban and ally Putin cement closer ties

BUDAPEST: Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orban cemented closer ties at talks Thursday, amid growing EU rifts over sanctions against Moscow because of its meddling in Ukraine.
Published 02 Feb, 2017 05:46pm
Apple keeps lead in slumping tablet market
Industry

Apple keeps lead in slumping tablet market

SAN FRANCISCO: Apple remains the leader in a global tablet computer market which has been in an extended slump for the past two years, according to surveys released Thursday.
Published 02 Feb, 2017 05:45pm
Strong need to promulgate 32 year old Companies Bill: Dar
General News

Strong need to promulgate 32 year old Companies Bill: Dar

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar Thursday said that there was a strong need to promulgate the Companies Bill, in order to provide relief and incentives to the corporate sector, especially small and medium sized companies.
Published 02 Feb, 2017 05:22pm
Nisar takes notice of ban on Uber, Careem taxi services
Pakistan Top News

Nisar takes notice of ban on Uber, Careem taxi services

ISLAMABAD: Minister for Interior Chaudhry Nisar Ali Khan on Thursday took notice of ban imposed by Deputy Commissioner Islamabad on private taxi services including Uber and Careem.
Published 02 Feb, 2017 05:19pm
Djokovic wary of Russian threat
Sports

Djokovic wary of Russian threat

NIS: Novak Djokovic admitted Thursday he was wary of rivals Russia as he returns for Serbia in Davis Cup World Group first round action this weekend.
Published 02 Feb, 2017 04:17pm
Dollar falls after Fed, Aussie soars on record trade surplus
Financial

Dollar falls after Fed, Aussie soars on record trade surplus

LONDON: The dollar fell to its lowest since mid-November on Thursday after the Federal Reserve disappointed investors hoping for a clear sign of a March interest rate rise, while the Australian dollar rallied after data showing a record trade surplus.
Published 02 Feb, 2017 04:02pm
Europe must remain committed to openness: Draghi
Europe

Europe must remain committed to openness: Draghi

FRANKFURT: Europe needs to fix its mistakes and reinforce its commitment to economic openness to protect wealth and political security, European Central Bank President Mario Draghi said on Thursday.
Published 02 Feb, 2017 04:01pm
Daimler pursues new records in tougher environment
Industry

Daimler pursues new records in tougher environment

STUTTGART: Mercedes maker Daimler pledged on Thursday to improve on last year's record sales and profit, despite slowing US and Chinese car markets and persistently weak truck demand that led it to miss fourth-quarter earnings forecasts.
Published 02 Feb, 2017 03:59pm
Sterling skids after BoE inflation report
Financial

Sterling skids after BoE inflation report

LONDON: Sterling fell to day's lows and gilt futures rebounded on Thursday after the Bank of England seemed in no rush to raise interest rates in its latest inflation report, despite jacking up its growth forecasts as expected.
Published 02 Feb, 2017 03:57pm
Nisar, EU ambassador discuss bilateral ties
Pakistan

Nisar, EU ambassador discuss bilateral ties

ISLAMABAD: Minister for Interior Chaudhry Nisar Ali Khan held a meeting with ambassador of European Union Jean Francois Cautain and discussed matters of bilateral cooperation and new strategic partnership between EU and Pakistan.
Published 02 Feb, 2017 03:45pm
Pakistan opposes nuclear, conventional arms race in region
Pakistan Top News

Pakistan opposes nuclear, conventional arms race in region

ISLAMABAD: Maintenance of peace and stability in South Asia is the cornerstone of Pakistan's policy as we are opposed to nuclear or conventional arms race in the region, Foreign Office spokesperson Thursday said.
Published 02 Feb, 2017 03:44pm
Iran rejects 'baseless' warning from Trump
World Top News

Iran rejects 'baseless' warning from Trump

TEHRAN: Iran on Thursday rejected a warning from US President Donald Trump's administration over its latest missile test as unfounded and "provocative".
Published 02 Feb, 2017 03:19pm
Solar power restores life to Pakistan's largest public park
Life & Style

Solar power restores life to Pakistan's largest public park

%D%AISLAMABAD: Mushtaq Khan, a 48-year-old bank manager, used to enjoy his nightly jog in Islamabad's huge Fatima Jinnah Park - until worsening power cuts two years ago began plunging him into darkness mid-stride, forcing him to run in the morning ins
Published 02 Feb, 2017 02:45pm
Pakistan's first dry bulk terminal to open in March
Pakistan Top News

Pakistan's first dry bulk terminal to open in March

CAPE TOWN: Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday.
Published 02 Feb, 2017 02:33pm
UK PM May to meet Israel's Netanyahu on Monday
Europe

UK PM May to meet Israel's Netanyahu on Monday

LONDON: British Prime Minister Theresa May will met her Israeli counterpart Benjamin Netanyahu for talks in London on Monday, during which she will say a continued increase in Israel's settlement activity undermines trust in the peace process.
Published 02 Feb, 2017 01:41pm
Trump puts Iran 'on notice,' denounces nuclear deal
World Top News

Trump puts Iran 'on notice,' denounces nuclear deal

WASHINGTON: President Donald Trump on Thursday said Iran was now formally "on notice" after a recent missile test, while also claiming the Islamic Republic was on the brink of collapse when it signed an international nuclear deal.
Updated 02 Feb, 2017 01:23pm
German new car sales soar in January
Industry

German new car sales soar in January

FRANKFURT AM MAIN: German new car sales jumped by more than 10 percent in January, official data showed Thursday, in a robust start to the new year for the largest industry in Europe's top economy.
Published 02 Feb, 2017 12:44pm
European stocks diverge on Fed, earnings
Financial

European stocks diverge on Fed, earnings

LONDON: European stock markets diverged and Asia's leading indices closed lower Thursday as investors digested the Federal Reserve's latest outlook and a raft of corporate earnings reports.
Published 02 Feb, 2017 12:36pm
Ramiz Raja signs Sanjay Dutt in debut movie
Cricket

Ramiz Raja signs Sanjay Dutt in debut movie

Former Pakistan cricket captain Ramiz Raja has said that he is now seriously pursuing a career into film-making and will cast Bollywood superstar Sanjay Dutt in his debut movie as filmmaker.
Published 02 Feb, 2017 12:16pm
Muhammad Zubair takes oath as 32nd governor of Sindh
Front Top News

Muhammad Zubair takes oath as 32nd governor of Sindh

KARACHI: Pakistan Muslim League-Nawaz (PML-N) leader Muhammad Zubair was sworn in as the 32nd Governor of Sindh on Thursday in a ceremony underway at the Governor House here.
Published 02 Feb, 2017 12:06pm
East-Asians mostly unchanged for 7,700 years, study suggests
Technology

East-Asians mostly unchanged for 7,700 years, study suggests

In a first DNA study done by scientists of East Asian people concluded, that their genetic make-up has remained for the most part unchanged, verily akin to their ancient ancestors. All owing to the discovery of human bones found some 40 years ago by the S
Published 02 Feb, 2017 11:35am
Imran Khan reveals real reason behind Pakistan cricket woes
Cricket

Imran Khan reveals real reason behind Pakistan cricket woes

Pakistans former World Cup winning captain Imran Khan has urged the Pakistan Cricket Board (PCB) to get rid of the corrupt elements in their system, if the cricket board wants to end dismal performances the national has been producing lately.
Published 02 Feb, 2017 11:18am
Notorious gangster Baba Ladla killed in Rangers shootout
Pakistan Top News

Notorious gangster Baba Ladla killed in Rangers shootout

KARACHI: Notorious Lyari gangster Noor Muhammad alias Baba Ladla and two of his accomplices were killed in exchange of fire with Rangers on Thursday morning, confirmed Sindh Rangers.
Updated 02 Feb, 2017 11:05am
RECORDER REPORT-PSX close of day
Pakistan Top News

RECORDER REPORT-PSX close of day

KARACHI: Karachi Stock Exchange (KSE) 100 index closed higher on Thursday having 49642.
Published 02 Feb, 2017 10:38am
Pakistan wants to enhance international trade ties: PM
Front Top News

Pakistan wants to enhance international trade ties: PM

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Thursday said Pakistan was looking forward to enhanced interaction with international organizations in order to adopt and implement best practices for increasing the country's share in global trade.
Published 02 Feb, 2017 09:23am
PSL 2 fever in full swing
Cricket

PSL 2 fever in full swing

The second edition of the Pakistan Super League (PSL) is mere days away, and cricket lovers both at home and abroad are anxiously waiting for the cricket spectacle to begin.
Published 02 Feb, 2017 08:49am
Denmark Ambassador calls on Tariq Fatemi
Front Top News

Denmark Ambassador calls on Tariq Fatemi

ISLAMABAD: The Ambassador of the Kingdom of Denmark to Pakistan, Ole Thonke, paid a courtesy call on the Special Assistant to the Prime Minister on Foreign Affairs, Syed Tariq Fatemi at the Foreign Office here on Thursday.
Published 02 Feb, 2017 08:24am
Inflation calm for now
Miscellaneous

Inflation calm for now

The headline inflation is heading south; but the core inflation is moving up, and latter's increased impact is more than offset by low food inflation.
Published 02 Feb, 2017 07:55am
Gharibwal: Concrete beginnings
Miscellaneous

Gharibwal: Concrete beginnings

Gharibwal Cement (PSX: GWCL) kicked off the year with lukewarm growth under its belt starting off with a slower first quarter in terms of costs and margins, but 1HFY17 comes with better news.
Published 02 Feb, 2017 07:53am
Shakarganj's sweet 1Q
Miscellaneous

Shakarganj's sweet 1Q

Shakarganj Limited (PSX: SML) has started MY17 on an extraordinary note; for the first quarter ended, the companys topline has more than quadrupled over last year.
Published 02 Feb, 2017 07:52am
Hafiz Saeed's name placed on ECL
General News

Hafiz Saeed's name placed on ECL

RECORDER REPORT%D%A%D%AISLAMABAD: Ministry of Interior has placed the name of Jamaat-ud-Dawa (JuD) chief Hafiz Muhammad Saeed and 37 other active members of the organisation on Exit Control List (ECL).
Published 02 Feb, 2017 07:31am
Tokyo stocks close lower as yen edges up
Financial

Tokyo stocks close lower as yen edges up

TOKYO: Tokyo stocks ended lower Thursday, hit by a stronger yen and concerns about the outlook for the global economy under as Donald Trump settles into the White House.
Published 02 Feb, 2017 07:24am
Nokia reports 766mn euro loss in 2016
Industry

Nokia reports 766mn euro loss in 2016

HELSINKI: Telcoms giant Nokia on Thursday said that falling network sales and costs stemming from acquisitions and its integration of Alcatel-Lucent had resulted in a "disappointing" loss in 2016.
Published 02 Feb, 2017 07:23am
Trump ripped into Australian leader on call
North America

Trump ripped into Australian leader on call

WASHINGTON: President Donald Trump ripped into his Australian counterpart during their call last week, The Washington Post reported, castigating a refugee accord he described Wednesday as a "dumb deal.
Published 02 Feb, 2017 07:07am
Sharapova boxes clever as return nears
Football

Sharapova boxes clever as return nears

MOSCOW: Maria Sharapova said Wednesday she refused to feel sorry for herself during her doping ban, occupying her time by studying at Harvard, writing a book and even learning how to box.
Published 02 Feb, 2017 06:41am
Second New Zealand-Australia ODI washed out
Cricket

Second New Zealand-Australia ODI washed out

NAPIER: Rain and a damp outfield forced the abandonment of the second one-day international between New Zealand and Australia without a ball being bowled in Napier on Thursday.
Published 02 Feb, 2017 06:31am
Aid group joins Massachusetts lawsuit over Trump travel ban
Front Top News

Aid group joins Massachusetts lawsuit over Trump travel ban

BOSTON: A US anti-poverty group said on Wednesday it is joining a Massachusetts lawsuit to strike down President Donald Trump's travel ban, as the law has blocked overseas partners from meeting with officials in Washington.
Published 02 Feb, 2017 06:24am
July-December 2016: 21 licences granted to establish OMCs

July-December 2016: 21 licences granted to establish OMCs

The Oil and Gas Regulatory Authority (OGRA) granted 21 licences for establishing oil marketing companies (OMCs) during July-December 2016. Senior Executive Director OGRA Imran Ghaznavi stated this during a briefing to a select group of reporters here on W
Published 02 Feb, 2017 12:00am
Bestway receives 6th annual CSR Awards

Bestway receives 6th annual CSR Awards

Bestway Cement Limited has once again been recognised for its contributions and efforts towards the environmental and social responsibility efforts in Pakistan at the NFEH's (National Forum for Environment & Health) sixth Annual Corporate Social Responsib
Published 02 Feb, 2017 12:00am
JS Bank wins CSR Award for 5th year in a row

JS Bank wins CSR Award for 5th year in a row

JS Bank received a CSR award for the 5th year in a row for its Corporate Social Responsibility in the category of "Social Impact" in recognition of its efforts to empower and improve the lives of the disadvantaged members of society. The award recognises
Published 02 Feb, 2017 12:00am
Pepsi Pakistan unveils brand song 'Jee Lay Har Pal'

Pepsi Pakistan unveils brand song 'Jee Lay Har Pal'

For decades, brand Pepsi has inspired the youth to make moments into memories. With its ecstatic, vibrant, playful and enthusiastic tone, the brand has always had a rallying cry to live life to the fullest and enjoy every moment. Today, Pepsi unveiled its
Published 02 Feb, 2017 12:00am
Periodic performance of pension funds

Periodic performance of pension funds

Periodic performance of the pension funds relating to the last five financial years released by SECP is tabulated as follows:

Published 02 Feb, 2017 12:00am
Periodic performance of pension funds

Periodic performance of pension funds

Periodic performance of the pension funds relating to the last five financial years released by SECP is tabulated as follows:

Published 02 Feb, 2017 12:00am
No blasphemy case registered against Salman Haider: FIA

No blasphemy case registered against Salman Haider: FIA

The Federal Investigation Agency (FIA) on Wednesday said that no blasphemy case had been registered against social activist and blogger Salman Haider. In a statement, the FIA said an application to file a case against Salman Haider had been received which
Published 02 Feb, 2017 12:00am
Parliament panel wants daily wage teachers registerd

Parliament panel wants daily wage teachers registerd

A parliamentary panel on Wednesday expressed annoyance over non-regularisation of job of daily-wage teachers working under Federal Directorate of Education and decided to raise the matter again in the next session of the Senate. Senate Standing Committee
Published 02 Feb, 2017 12:00am
Parliament panel's concern at spiked expenditure on Metrobus route

Parliament panel's concern at spiked expenditure on Metrobus route

A parliamentary panel on Wednesday noted with serious concern that the government is spending more fund on one kilometre of metro bus route than the total budget allocated for Ministry of Science and Technology and its attached departments.
Published 02 Feb, 2017 12:00am
Hattar Industrial Estate: Khattak directs planning for extra cost

Hattar Industrial Estate: Khattak directs planning for extra cost

KP Chief Minister Pervez Khattak directed to plan the legal course for the extra cost expected to occur because of the expansion of industrialisation and investment in the Hattar Industrial Estate. He was presiding over a high level meeting at Chief Minis
Published 02 Feb, 2017 12:00am
CDNS increases profit rate on a number of schemes

CDNS increases profit rate on a number of schemes

The Central Directorate of National Savings (CDNS) has revised profit rate on its different national saving schemes. According to a notification issued here on Wednesday, the profit rate of Special Saving Certificate has been increased to six percent whil
Published 02 Feb, 2017 12:00am
13 Kashmiri youths killed in January

13 Kashmiri youths killed in January

Indian troops in their unabated acts of state terrorism martyred thirteen Kashmiri youth in the held valley during the last month. According to Kashmir Media Service, one of those martyred was killed in a fake encounter. Sixty three people were injured du
Published 02 Feb, 2017 12:00am
APHC demands immediate release of Sehrai

APHC demands immediate release of Sehrai

Chairman All Parties Hurriyet Conference (APHC), Syed Ali Gilani on Wednesday expressed serious concern over continued house arrest of Tehreek-e-Hurriyet General Secretary, Muhammad Ashraf Sehrai and demanded his immediate release. In a statement in held
Published 02 Feb, 2017 12:00am
NA Kashmir body seeks extension of powers: Fazl

NA Kashmir body seeks extension of powers: Fazl

Special Committee of the National Assembly on Kashmir has written a letter to Prime Minister Nawaz Sharif to expand the powers of the committee in order to fulfil the expectations of the people related to Kashmir issue. Chairman Special Committee on Kashm
Published 02 Feb, 2017 12:00am
KP to handover some tech education centres to Chinese companies: Khattak

KP to handover some tech education centres to Chinese companies: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak has said that the provincial government would handover some of the technical and vocational education centres to Chinese companies for training of youth in their required trades. He also directed the author
Published 02 Feb, 2017 12:00am
Nawaz to inaugurate Karachi-Hyderabad Motorway tomorrow

Nawaz to inaugurate Karachi-Hyderabad Motorway tomorrow

Prime Minister Mian Nawaz Sharif will inaugurate the completed section of Karachi-Hyderabad Motorway (M-9) on Friday According to a press release issued by PM House on Wednesday, the 75 km completed section of M-9 has 4 interchanges; Dada Bhoy Interchange
Published 02 Feb, 2017 12:00am
LCCI opposes SME Bank's privatization

LCCI opposes SME Bank's privatization

The Lahore Chamber of Commerce and Industry on Wednesday strongly reacted to the SME Bank privatization plan and urged the government to shun the idea for the sake of small and medium enterprises. LCCI President Abdul Basit in a statement said that privat
Published 02 Feb, 2017 12:00am
Chairman LOMTP directs LDA, NESPAK to remodel roads

Chairman LOMTP directs LDA, NESPAK to remodel roads

Chairman of the steering committee for Lahore Orange Line Metro Train Project (LOMTP) Kh. Ahmad Hassan has directed LDA and NESPAK for urgently chalking out a comprehensive plan for remodeling of roads by suggesting U-turns, intersections and other traffi
Published 02 Feb, 2017 12:00am
Rice sector: 'Import of machinery to be declared zero rated in budget'

Rice sector: 'Import of machinery to be declared zero rated in budget'

Federal Commerce Minister Engr Khurram Dastgir Khan has assured the rice exporters to address their demand of declaring import of machinery for rice sector as zero rated in the budget 2016-17. The Minister said this while addressing a dinner reception arr
Published 02 Feb, 2017 12:00am
Minister vows to raise voice for climate change-hit small farmers

Minister vows to raise voice for climate change-hit small farmers

Punjab Minister for Environment Begum Zakia Shahnawaz has said that small farmers, especially women were worst hit by the impact of climate change. The situation in many parts of Punjab was depicting the same reality and hence, urgent policy measures were
Published 02 Feb, 2017 12:00am
Chinese businessmen looking for warehouses in Lahore

Chinese businessmen looking for warehouses in Lahore

Chinese businessmen have started looking for warehouses in the city to procure industrial materials of various types, said sources. According to the industry sources, they have started receiving queries for availability of large scale premises to be utili
Published 02 Feb, 2017 12:00am
'Educated, trained manpower guarantee of bright future'

'Educated, trained manpower guarantee of bright future'

Educated and trained manpower is the guarantee of bright future. There is a need to refurbish the God-given abilities of the youth in order to make the development and prosperity, said University of Agriculture Faisalabad Vice Chancellor Professor Dr Iqra
Published 02 Feb, 2017 12:00am
NTDC to organise seminar for contractors

NTDC to organise seminar for contractors

National Transmission and Dispatch Company (NTDC) will organised a seminar for all contractors, suppliers and manufacturers on its enthusiastic expansion plans for construction of 220kV, 500kV and 765kV transmission lines, substations in near future, unde
Published 02 Feb, 2017 12:00am
World Bank official advises government to focus on increasing export

World Bank official advises government to focus on increasing export

World Bank Consultant Marcos Griffin on Wednesday said that the Pakistani government should focus on increasing the exports of various products rather than focusing on specific export promotion programs, otherwise a balance of payment issue might become a
Published 02 Feb, 2017 12:00am
World Bank official advises government to focus on increasing export

World Bank official advises government to focus on increasing export

World Bank Consultant Marcos Griffin on Wednesday said that the Pakistani government should focus on increasing the exports of various products rather than focusing on specific export promotion programs, otherwise a balance of payment issue might become a
Published 02 Feb, 2017 12:00am
Smeda launches move to woo women entrepreneurs towards PMYBL

Smeda launches move to woo women entrepreneurs towards PMYBL

The Small and Medium Enterprises Development Authority (Smeda) has launched a country-wide move to attract women entrepreneurs towards Prime Minister Youth Business Loan (PMYBL) through a series of awareness seminars. The first seminar of the series was h
Published 02 Feb, 2017 12:00am
Hamza for timely completion of ongoing projects

Hamza for timely completion of ongoing projects

Upto 5,242 kilometres long roads will be completed during current financial year while 275 schemes of water and sanitation are being completed by the end of June this year in the province of Punjab. Likewise, CT scan system and laboratories are being set
Published 02 Feb, 2017 12:00am
Pak Elektron Limited

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) is one of the biggest player in white goods sector of Pakistan. The company also has significant exposure in the power sector being a manufacturer of electrical equipment. The company started its operations in 1956 to manu
Published 02 Feb, 2017 12:00am
Pak Elektron Limited

Pak Elektron Limited

Pak Elektron Limited (PSX: PAEL) is one of the biggest player in white goods sector of Pakistan. The company also has significant exposure in the power sector being a manufacturer of electrical equipment. The company started its operations in 1956 to manu
Published 02 Feb, 2017 12:00am
HCCI criticises Hesco performance

HCCI criticises Hesco performance

Senior Vice President of HCCI Turab Ali Khoja has expressed reservations over the performance of Hyderabad Electric Supply Company (HESCO) as long-hours power suspension in the second largest city of Sindh is badly affecting civic and business activities.
Published 02 Feb, 2017 12:00am
Government responds to 'Misguiding the people'
Cotton

Government responds to 'Misguiding the people'

Dr Ashfaque H Khan has written an article titled "Misguiding the people" carried byBusiness Recorder on 25-01-2017. In the article, the author has raised the issue of large-scale manufacturing (LSM) growth number. The author has further stated that
Published 02 Feb, 2017 12:00am
Alamgir Firoz made chief of FPCCI body on diplomatic affairs

Alamgir Firoz made chief of FPCCI body on diplomatic affairs

President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zubair Tufail has appointed Alamgir Firoz as Chairman Standing Committee on Diplomatic Affairs (2017). Alamgir Firoz is well known in the Diplomatic circle and has rich experience
Published 02 Feb, 2017 12:00am
NA body for hiring of qualified teachers in Balochistan

NA body for hiring of qualified teachers in Balochistan

A parliamentary panel has asked the government of Balochistan as well as federal government to appoint well qualified teachers in the most backward province to bring educational standard at par with rest of the country. Senate Standing Committee on Overse
Published 02 Feb, 2017 12:00am
Bitter fight looms over key Trump nominees

Bitter fight looms over key Trump nominees

Donald Trump has seized a chance to swing the US Supreme Court back to conservative leanings but a drawn-out battle loomed Wednesday over this and other nominations, jarring with the president's vow to sweep aside politics as usual. Trump, in the second w
Published 02 Feb, 2017 12:00am
UN chief calls for lifting of US travel ban

UN chief calls for lifting of US travel ban

UN Secretary-General Antonio Guterres on Wednesday called for lifting a US ban on travellers from seven Muslim-majority countries, saying the measures would not prevent terrorists from entering the United States. "I think that these measures should be rem
Published 02 Feb, 2017 12:00am
Russia refuses visas to two Norwegian MPs

Russia refuses visas to two Norwegian MPs

Norway on Wednesday summoned the Russian ambassador to lodge a formal protest after Moscow refused visas to two senior MPs in a move Oslo denounced as "unjustifiable". "It's unreasonable and unjustifiable that these Norwegian members of parliament have be
Published 02 Feb, 2017 12:00am
India building collapse kills 4

India building collapse kills 4

A building under construction collapsed Wednesday in northern India killing at least four labourers, an administrative official said, in the latest deadly accident to highlight shoddy construction standards in the country. Workers were placing a concrete
Published 02 Feb, 2017 12:00am
US, Saudi defence chiefs reject Iran 'interventions'

US, Saudi defence chiefs reject Iran 'interventions'

New Pentagon chief James Mattis agreed in a telephone call with his Saudi counterpart to oppose Iranian "interventions" in the Middle East, Saudi state media reported on Wednesday. Mattis and Deputy Crown Prince Mohammed bin Salman expressed "their full r
Published 02 Feb, 2017 12:00am
Tens of thousands of Yemenis trapped in Red Sea fighting

Tens of thousands of Yemenis trapped in Red Sea fighting

Fighting between Yemeni government forces and rebels has trapped tens of thousands of civilians in and around the port town of Mokha, where over 30 fighters were killed Wednesday, residents and the UN said. "We fear the (Shiite) Huthi (rebel) snipers who
Published 02 Feb, 2017 12:00am
Italy to fund African states to curb migrant flow

Italy to fund African states to curb migrant flow

Italy on Wednesday pledged 200 million euros ($215 million) in funds to several African countries as it seeks to slash the number of migrants risking their lives in the Mediterranean to reach Europe. Unlike previous European financing pledges, which have
Published 02 Feb, 2017 12:00am
Trump travel ban 'divisive and wrong': Theresa May

Trump travel ban 'divisive and wrong': Theresa May

Prime Minister Theresa May said Wednesday that US President Donald Trump's temporary immigration ban was "divisive and wrong", five days after she initially refused to condemn the move. "On the policy that president Trump has introduced, this government i
Published 02 Feb, 2017 12:00am
Technical hitch delays Amsterdam airport flights

Technical hitch delays Amsterdam airport flights

A technical problem hit air traffic control at Amsterdam's airport Wednesday causing delays and flight re-routings at one of Europe's busiest travel hubs, an official said. "We don't know the cause of the problem and we don't know how long it will last,"
Published 02 Feb, 2017 12:00am
Nato issues dire Ukraine warning as death toll hits 19

Nato issues dire Ukraine warning as death toll hits 19

The head of NATO warned on Wednesday that Ukraine faced its worst violence "in a long time" as global alarm rang out over a spike in bloodshed that has killed 19 people in the European Union's backyard. Government forces and Russian-backed separatists exc
Published 02 Feb, 2017 12:00am
Fillon struggles to save presidential bid

Fillon struggles to save presidential bid

French rightwing candidate Francois Fillon battled to save his scandal-hit presidential bid on Wednesday as disastrous new polling numbers and party colleagues increased pressure on him to step aside. After a week of damaging revelations that the 62-year-
Published 02 Feb, 2017 12:00am
Nearly 100 mentally ill patients died in South Africa fiasco

Nearly 100 mentally ill patients died in South Africa fiasco

At least 94 mentally ill patients died after South African authorities moved them last year from hospital to unlicensed health facilities that were compared to "concentration camps", a government investigation revealed Wednesday. Many of the deaths were d
Published 02 Feb, 2017 12:00am
Fatalities soar for Afghan forces as government loses ground to Taliban

Fatalities soar for Afghan forces as government loses ground to Taliban

The death rate among Afghan troops and police soared last year as the Kabul government's overall control of the country declined significantly, an official US watchdog said in a report Wednesday. The grim new statistics paint a picture of a beleaguered na
Published 02 Feb, 2017 12:00am
Chahal helps India clinch series against England

Chahal helps India clinch series against England

Leg-spinner Yuzvendra Chahal claimed six wickets to demolish England and hand India a 75-run series-clinching win in the third and final Twenty20 international in Bangalore on Wednesday. Chahal recorded his T20 best of 6-25 to help skittle out England for
Published 02 Feb, 2017 12:00am
Spirit of Cricket Trophy for cricket great Imtiaz Ahmed

Spirit of Cricket Trophy for cricket great Imtiaz Ahmed

Pakistan Cricket Board (PCB) has decided to commemorate Imtiaz Ahmed's immense contribution to Pakistan cricket by instituting an annual trophy in his name titled "Imtiaz Ahmed Spirit of Cricket Trophy" for the player, official or team who is deemed to ha
Published 02 Feb, 2017 12:00am
Olympia win in Rafi Polo

Olympia win in Rafi Polo

Olympia defeated Barry's by 6-51/2 in the opening match of the Rafi Group Polo Cup 2017 here at the Lahore Polo Club (LPC) ground on Wednesday. Abdul Rehman Monnoo and Ahmed Ali Tiwana were stars of the day, as they thwarted two goals each in their team's
Published 02 Feb, 2017 12:00am
Bangladesh recall Liton for India Test

Bangladesh recall Liton for India Test

Bangladesh on Wednesday recalled wicketkeeper-batsman Liton Das and pace bowler Shafiul Islam to their squad for their historic one-off Test match against India next week. Skipper Mushfiqur Rahim, opener Imrul Kayes and batsman Mominul Haque will also ret
Published 02 Feb, 2017 12:00am
PCB invites Imran, others to seek input to improve Pakistan cricket

PCB invites Imran, others to seek input to improve Pakistan cricket

While debate is on to appoint new skippers for ODI & Test squad of Team Pakistan, former Pakistani cricketers have come up with divergent views to appoint new skippers for ODI and Test squad. Some of the cricketers, however, said the real issue is in the
Published 02 Feb, 2017 12:00am
Sports day at DHA Tooba school

Sports day at DHA Tooba school

The annual sports day of Defence Authority's Tooba Secondary School was held at school's play ground with great fanfare. The students participated in the event with great fervour and enthusiasm. Administrator DHA Brigadier Shahid Hassan Ali was the chief
Published 02 Feb, 2017 12:00am
Russia stripped of London relay silver for doping

Russia stripped of London relay silver for doping

Russia's 4x400m women's relay team was stripped of its London 2012 silver medal on Wednesday after the IOC named one of its athletes as a doping cheat. Using new technology the International Olympic Committee is retesting hundreds of stored samples from t
Published 02 Feb, 2017 12:00am
Table Tennis for Iran's Revolution Day begins

Table Tennis for Iran's Revolution Day begins

Table Tennis tournament in connection with the 38th National Day of the Iran got under way with the collaboration of Counsel General of Iran Consulate Peshawar, Khyber Pakhtunkhwa Sports Writers and KP Table Tennis Association here at it premises on Wedne
Published 02 Feb, 2017 12:00am
Premier League hits record transfer spend

Premier League hits record transfer spend

Premier League clubs have shelled out a record £1.4 billion in transfers this season, according to a report Wednesday that warned of over-reliance on Chinese largesse. The Deloitte consultancy study said top-tier English sides made 40 million pounds ($50
Published 02 Feb, 2017 12:00am
Mignolet denies Chelsea, Watford stun Gunners

Mignolet denies Chelsea, Watford stun Gunners

Liverpool goalkeeper Simon Mignolet went from zero to hero as Premier League leaders Chelsea were held to a 1-1 draw at Anfield, while Arsenal's title challenge was torpedoed by Watford's shock 2-1 win on Tuesday. Antonio Conte's Chelsea grabbed the lead
Published 02 Feb, 2017 12:00am
Tokyo 2020 asks public to donate old phones for medals

Tokyo 2020 asks public to donate old phones for medals

Tokyo Olympic organisers on Wednesday called on the Japanese public to donate old smartphones and other old electronic devices to help make medals for the 2020 Games. In a push to give the Olympics an environmentally friendly hue, Tokyo's organising commi
Published 02 Feb, 2017 12:00am
Betting-scam jail terms for handball champion brothers

Betting-scam jail terms for handball champion brothers

Three days after leading France to a sixth world handball championship team captain Nikola Karabatic and brother Luka were given two-month suspended sentences for their key role in a betting scandal. The brothers were feted as national heroes on Sunday af
Published 02 Feb, 2017 12:00am
Kiwi, Aussie fall
Currency

Kiwi, Aussie fall

The New Zealand dollar eased slightly on Wednesday as the country's jobless rate jumped and wage growth remained sluggish, while its Australian counterpart took a breather after three straight sessions of gains. New Zealand unemployment rose to 5.2 percen
Published 02 Feb, 2017 12:00am
Sterling surges on data boost, more Brexit hope

Sterling surges on data boost, more Brexit hope

Sterling soared by more than 1 percent against the euro on Wednesday, driven by a combination of solid data and greater political certainty over the Brexit process which has encouraged a trimming of big financial bets against the pound. Dealers cited Trad
Published 02 Feb, 2017 12:00am
Asia forex: Won hits 2-1/2 month high

Asia forex: Won hits 2-1/2 month high

The South Korean won hit a 2-1/2 month high and some other Asian currencies held firm, after comments from US President Donald Trump and his trade adviser raised fears that the United States may be shifting away from a "strong dollar" policy. Trump trade
Published 02 Feb, 2017 12:00am
Sri Lankan rupee up

Sri Lankan rupee up

The Sri Lankan rupee ended slightly firmer on Wednesday due to dollar inflows from remittances and greenback sales by exporters after the dollar weakened overnight against major currencies globally, dealers said. The dollar could recover only a little gro
Published 02 Feb, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 79.12-79.12 (previous 79.0950-79.1000).
Published 02 Feb, 2017 12:00am
Dollar tumbles against majors in New York
Currency

Dollar tumbles against majors in New York

The US dollar tumbled against rivals on Tuesday and was on course for its worst January in three decades after President Donald Trump commented on currency devaluation by other countries and his trade adviser remarked on the euro. Trump, in a meeting with
Published 02 Feb, 2017 12:00am
Early trade in New York: Dollar recovers ground
Currency

Early trade in New York: Dollar recovers ground

The US dollar recovered some ground on Wednesday after stronger-than-expected US private payrolls and manufacturing data, while lingering worries that the United States was poised to ditch its "strong dollar" policy limited gains. The dollar gained as muc
Published 02 Feb, 2017 12:00am
Dollar struggles in Europe after worst start to year in decades
Currency

Dollar struggles in Europe after worst start to year in decades

The dollar recovered a little ground on Wednesday after recording its worst start to the year in three decades on concerns the United States was poised to ditch its two-decade-old "strong dollar" policy. The greenback skidded 2.6 percent against a basket
Published 02 Feb, 2017 12:00am
Dollar rises in Asia
Currency

Dollar rises in Asia

The dollar edged up against a basket of major peers on Wednesday as bargain hunters stepped in after the dollar slid overnight to a seven-week low, reflecting mounting concerns that the United States was poised to ditch a two decade-old "strong dollar" po
Published 02 Feb, 2017 12:00am
FTSE rebounds from one-month low helped by pharma stocks

FTSE rebounds from one-month low helped by pharma stocks

Britain's top share index inched up on Wednesday after falling to a one-month low in the previous session, with pharma stocks providing the biggest lift. The bluechip FTSE 100 ended up 0.1 percent, coming off earlier highs as commodity-related stocks retr
Published 02 Feb, 2017 12:00am
Southeast Asian stocks: Singapore hits 15-month high

Southeast Asian stocks: Singapore hits 15-month high

Singapore stocks hit a 15-month closing high and Indonesia posted its first gain in four sessions on Wednesday, while regional peers closed largely flat, as investors awaited the outcome of the US Federal Reserve meeting. Singapore recovered from Tuesday'
Published 02 Feb, 2017 12:00am
Australian shares gain, New Zealand steady

Australian shares gain, New Zealand steady

Australian shares advanced on Wednesday, as a tumbling greenback sent mining and oil stocks into positive territory. The S&P/ASX 200 index ended 0.57 percent, or 32.289 points, higher at 5,653.2 at the close of trade. The benchmark fell 0.7 percent on Tue
Published 02 Feb, 2017 12:00am
European shares snap losing streak on solid earnings, macro data

European shares snap losing streak on solid earnings, macro data

European shares snapped a three-day losing streak on Wednesday, led higher by miners and industrial stocks following solid corporate results and stronng data from China and Europe The pan-European STOXX index ended up 0.8 percent, after hitting a one-week
Published 02 Feb, 2017 12:00am
Indian shares up

Indian shares up

Indian shares rose 1.8 percent on Wednesday after Finance Minister Arun Jaitley unveiled a budget with a range of incentives for companies and geared towards boosting infrastructure and developing the rural economy. The broader NSE index ended up 1.81 per
Published 02 Feb, 2017 12:00am
Sri Lankan shares down

Sri Lankan shares down

Sri Lankan shares slipped in thin trading on Wednesday and closed near a 10-month low hit last week on political worries and fears over further interest rate hikes, brokers said. Investors turned cautious after the ruling coalition parties decided to cont
Published 02 Feb, 2017 12:00am
Bonds gain as Trump talks down the dollar
Currency

Bonds gain as Trump talks down the dollar

US Treasury prices gained on Tuesday after President Donald Trump expressed concern about the value of the dollar, sending it lower and raising demand for safe haven US bonds. In comments targeted to the pharmaceutical industry, Trump said currency devalu
Published 02 Feb, 2017 12:00am
Bonds gain as Trump talks down the dollar
Currency

Bonds gain as Trump talks down the dollar

US Treasury prices gained on Tuesday after President Donald Trump expressed concern about the value of the dollar, sending it lower and raising demand for safe haven US bonds. In comments targeted to the pharmaceutical industry, Trump said currency devalu
Published 02 Feb, 2017 12:00am
Hong Kong stocks ease after long holiday

Hong Kong stocks ease after long holiday

Hong Kong stocks eased on Wednesday as traders returned from a long holiday and caught up to losses in overseas markets amid growing worries over the policies of US President Donald Trump. The benchmark Hang Seng index trimmed earlier losses and ended 0.1
Published 02 Feb, 2017 12:00am
S&P slips for 4th session as earnings, politics weigh

S&P slips for 4th session as earnings, politics weigh

The S&P 500 fell on Tuesday for a fourth consecutive session, weighed by sectors sensitive to economic growth amid disappointing earnings and lingering concern over the priorities of the Trump administration. Technology and financials were the sectors tha
Published 02 Feb, 2017 12:00am
Wednesday's early trade: S&P slips into the red, Dow pares gains

Wednesday's early trade: S&P slips into the red, Dow pares gains

The S&P 500 slipped into the red and the Dow pared gains in late morning trade on Wednesday, led by losses in energy and utilities sectors, ahead of the Federal Reserve's decision on interest rates. However, the Nasdaq, which is more technology heavy, was
Published 02 Feb, 2017 12:00am
Tokyo stocks surge
Currency

Tokyo stocks surge

Tokyo shares closed higher Wednesday on bargain-hunting after two days of losses and as a rise in the value of the yen fizzled. The Nikkei tumbled on Monday and Tuesday with investors around the world spooked by US President Donald Trump's flurry of execu
Published 02 Feb, 2017 12:00am
Poor agriculture, slower financial services hit 2016 Tanzanian growth

Poor agriculture, slower financial services hit 2016 Tanzanian growth

Tanzania says its economy probably grew at a less speedy rate than it had hoped last year, slowed by poor-performing agriculture and less demand from its big trading partners. In a presentation to parliament late on Tuesday, Finance and Planning Minister
Published 02 Feb, 2017 12:00am
Oneok to buy rest of Oneok Partners for $9.3 billion

Oneok to buy rest of Oneok Partners for $9.3 billion

Pipeline company Oneok Partners LP's biggest shareholder Oneok Inc said it would buy the rest of the company for $9.3 billion, the latest master limited partnership (MLP) deal aimed at simplifying structures and increasing returns. MLPs do not pay corpora
Published 02 Feb, 2017 12:00am
Australia business conditions jump sharply

Australia business conditions jump sharply

Australian business conditions recovered strongly in December as firms reported a marked pick up in sales and profits, the latest in a string of surveys pointing to gathering momentum going into the new year.
Published 02 Feb, 2017 12:00am
Banks must plan for 'hard' Brexit, industry report warns

Banks must plan for 'hard' Brexit, industry report warns

Global banks must plan for a "hard" Brexit or risk breaching regulatory requirements and disrupting business, according to an industry report seen by Reuters, the first since Prime Minister May said she would take Britain out of the single market.
Published 02 Feb, 2017 12:00am
New year brings German unemployment record low

New year brings German unemployment record low

Unemployment in Europe's largest economy Germany hit a new record low in January, official data showed Tuesday, beating analyst expectations and filling out a picture of rude health painted by indicators. Just 5.9 percent of people were out of work in Jan
Published 02 Feb, 2017 12:00am
Turkish manufacturing activity shrinks at slower pace in January
Currency

Turkish manufacturing activity shrinks at slower pace in January

Turkish manufacturing activity contracted at a slower pace in January after sinking to a four-month low the previous month, a survey showed on Wednesday. The manufacturing Purchasing Managers' Index (PMI) rose to 48.7 in January from 47.7 in December, acc
Published 02 Feb, 2017 12:00am
US factory, private payrolls data point to firming economy

US factory, private payrolls data point to firming economy

US factory activity accelerated to more than a two-year high in January amid sustained gains in new orders and raw material costs, pointing to a recovery in manufacturing as domestic demand strengthens and the drag from low oil prices ebbs.
Published 02 Feb, 2017 12:00am
Auto makers lose sales momentum

Auto makers lose sales momentum

US car buyers appeared to hit the brake pedal in the new year, as sales by the big three American auto makers declined in January following record sales in 2016. GM, Ford and the North American arm of Fiat Chrysler, FCA US, all saw sales dwindle, though i
Published 02 Feb, 2017 12:00am
UK factory costs balloon at record pace in January

UK factory costs balloon at record pace in January

Sterling's fall since Britain voted to leave the European Union stoked the sharpest rise in factory costs on record last month but offered little boost to exports, tainting otherwise robust manufacturing growth at the start of 2017. The Markit/CIPS UK Man
Published 02 Feb, 2017 12:00am
Toshiba to stop building new nuclear plants

Toshiba to stop building new nuclear plants

Japan's Toshiba is set to dramatically reduce its nuclear operations and stop building new atomic power plants after suffering billion of dollars of losses on US projects, a report said.The engineering conglomerate, a once proud pillar of corporate Japan,
Published 02 Feb, 2017 12:00am
Eurozone factories started 2017 with fastest growth in nearly six years

Eurozone factories started 2017 with fastest growth in nearly six years

Eurozone factories started 2017 by ramping up activity at the fastest rate for nearly six years, according to a survey which showed manufacturers were more optimistic than they have been since at least mid-2012. The survey also highlighted mounting inflat
Published 02 Feb, 2017 12:00am
China factory activity stabilises

China factory activity stabilises

Chinese factory activity expanded last month, data showed Wednesday, the latest indication that the world's second largest economy is stabilising but analysts warned of headwinds caused by emerging US protectionism. The crucial manufacturing sector has fo
Published 02 Feb, 2017 12:00am
Zimbabwe slaps VAT on basic foodstuffs

Zimbabwe slaps VAT on basic foodstuffs

Zimbabwe started levying a 15 percent value-added tax on basic foodstuffs Wednesday, the government said, dealing a further blow to cash-strapped consumers already battling to survive in an ailing economy. The tax affects meat and staple foods such as cer
Published 02 Feb, 2017 12:00am
Zimbabwe slaps VAT on basic foodstuffs

Zimbabwe slaps VAT on basic foodstuffs

Zimbabwe started levying a 15 percent value-added tax on basic foodstuffs Wednesday, the government said, dealing a further blow to cash-strapped consumers already battling to survive in an ailing economy. The tax affects meat and staple foods such as cer
Published 02 Feb, 2017 12:00am
Russia's nickel, palladium output likely to rise in 2017

Russia's nickel, palladium output likely to rise in 2017

Norilsk Nickel (Nornickel), one of the world's largest nickel and palladium producers, plans to increase output of its main metals from Russian raw material this year, the company said in a statement on Tuesday. Nornickel, which competes with Brazil's Val
Published 02 Feb, 2017 12:00am
Phutti prices rise in cotton market on improved activity
Cotton

Phutti prices rise in cotton market on improved activity

Seed cotton prices maintained an upward march on the cotton market on Wednesday in the process improved trading activity, dealers said. The official spot rate was unchanged at Rs 6650, dealers said. In Sindh, seed cotton prices were at Rs 3200-3550, they
Published 02 Feb, 2017 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 89,486 tonnes of cargo comprising 64,818 tonnes of import cargo and 24,668 tonnes of export cargo including 5,777 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargo of 64
Published 02 Feb, 2017 12:00am
US natural gas futures fall

US natural gas futures fall

US natural gas futures on Tuesday dropped to a three-week low, falling by almost 11 percent from last week's high, on forecasts for warmer-than-normal weather through mid-February. Meteorologists forecast those moderate temperatures would last through the
Published 02 Feb, 2017 12:00am
US FOB Gulf soyabean offers flat on light demand

US FOB Gulf soyabean offers flat on light demand

Export premiums for soyabeans shipped from the US Gulf Coast were mostly flat on Tuesday in light trading as top buyers importer China were largely absent and as cheaper South American shipments created headwinds for US supplies, traders said. Soyabean ex
Published 02 Feb, 2017 12:00am
CBOT wheat futures rise
Currency

CBOT wheat futures rise

Chicago Board of Trade wheat futures rose Tuesday, advancing to the day's highs in the final minutes of the session on position-squaring at the end of the month, traders said. CBOT March wheat settled up 6-3/4 cents at $4.20-3/4 per bushel. For the month,
Published 02 Feb, 2017 12:00am
European wheat prices fall to one-month low
Currency

European wheat prices fall to one-month low

European wheat prices dipped to a more than one-month low on Tuesday, pressured by a plunging dollar which was seen hampering euro-denominated grains at a time when ample supplies are already keeping a lid on prices, traders said. The US dollar tumbled ag
Published 02 Feb, 2017 12:00am
US Plains HRW wheat bids flat

US Plains HRW wheat bids flat

Hard red winter wheat spot basis bids were unchanged in the southern US Plains on Tuesday as farmers continued to delay sales while many flour millers and shippers had sufficient supplies on hand, dealers said. Bids for rail shipments to the US Gulf Coast
Published 02 Feb, 2017 12:00am
US Midwest soya bids up

US Midwest soya bids up

Soyabean spot basis bids gained at an Indiana processor and Iowa elevator and were unchanged elsewhere in the US Midwest on Tuesday as futures held near a two-week low, keeping farmer offerings to a minimum, dealers said. Corn bids declined for the second
Published 02 Feb, 2017 12:00am
PMEX daily trading report
Cotton

PMEX daily trading report

On Tuesday, at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,142. The total traded value of Metals, Energy and COTS/FX was recorded at PKR 8.00 billion and the number of lots traded was 18,448. Major business was contributed by go
Published 02 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Feb, 2017 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Feb, 2017 12:00am
State Bank of Pakistan conversion rates
Currency

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 02 Feb, 2017 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 02 Feb, 2017 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 01, 2017).

Published 02 Feb, 2017 12:00am
Currency notes: exchange rates
Currency

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 01, 2017).

Published 02 Feb, 2017 12:00am
Bill buying rates per unit of currency
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 01, 2017).

Published 02 Feb, 2017 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 01, 2017).
Published 02 Feb, 2017 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
British MPs approve first stage of Brexit bill

British MPs approve first stage of Brexit bill

British MPs on Wednesday approved the first stage of a bill empowering Prime Minister Theresa May to start pulling Britain out of the European Union. MPs approved the bill, which would allow the government to trigger Article 50 of the EU's Lisbon Treaty a
Published 02 Feb, 2017 12:00am
British MPs approve first stage of Brexit bill

British MPs approve first stage of Brexit bill

British MPs on Wednesday approved the first stage of a bill empowering Prime Minister Theresa May to start pulling Britain out of the European Union. MPs approved the bill, which would allow the government to trigger Article 50 of the EU's Lisbon Treaty a
Published 02 Feb, 2017 12:00am
British MPs approve first stage of Brexit bill

British MPs approve first stage of Brexit bill

British MPs on Wednesday approved the first stage of a bill empowering Prime Minister Theresa May to start pulling Britain out of the European Union. MPs approved the bill, which would allow the government to trigger Article 50 of the EU''s Lisbon Treaty
Published 02 Feb, 2017 12:00am
UNDP asks government to address water crisis

UNDP asks government to address water crisis

Revealing that Pakistan's water storage capacity has receded to less than 30 days against the minimum requirement of 120 days, the United Nations Development Programme (UNDP) has urged the government to take bold actions to address water crisis aimed at m
Published 02 Feb, 2017 12:00am
UNDP asks government to address water crisis

UNDP asks government to address water crisis

Revealing that Pakistan's water storage capacity has receded to less than 30 days against the minimum requirement of 120 days, the United Nations Development Programme (UNDP) has urged the government to take bold actions to address water crisis aimed at m
Published 02 Feb, 2017 12:00am
UNDP asks government to address water crisis

UNDP asks government to address water crisis

Revealing that Pakistan''s water storage capacity has receded to less than 30 days against the minimum requirement of 120 days, the United Nations Development Programme (UNDP) has urged the government to take bold actions to address water crisis aimed at
Published 02 Feb, 2017 12:00am
Shalimar Recording withdrawn from auction block

Shalimar Recording withdrawn from auction block

A meeting of the Cabinet Committee on Privatisation (CCoP) has decided to withdraw Shalimar Recording and Broadcasting Company (SRBCL) from the privatisation list after Law Division opined that the entity being under Federal Legislative List, Schedule IV,
Published 02 Feb, 2017 12:00am
Shalimar Recording withdrawn from auction block

Shalimar Recording withdrawn from auction block

A meeting of the Cabinet Committee on Privatisation (CCoP) has decided to withdraw Shalimar Recording and Broadcasting Company (SRBCL) from the privatisation list after Law Division opined that the entity being under Federal Legislative List, Schedule IV,
Published 02 Feb, 2017 12:00am
Previous Day