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May 19, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-04-21
Budgetary proposals: President calls meeting of businessmen on April 26

Budgetary proposals: President calls meeting of businessmen on April 26

President Asif Ali Zardari has called a meeting of business community on April 26 for getting their proposals on the forthcoming 2011-12 Budget, it is learnt. According to sources, the President has invited representatives of leading business associations
Published 21 Apr, 2011 12:00am
Budgetary proposals: President calls meeting of businessmen on April 26

Budgetary proposals: President calls meeting of businessmen on April 26

President Asif Ali Zardari has called a meeting of business community on April 26 for getting their proposals on the forthcoming 2011-12 Budget, it is learnt. According to sources, the President has invited representatives of leading business associations
Published 21 Apr, 2011 12:00am
Budgetary proposals: President calls meeting of businessmen on April 26

Budgetary proposals: President calls meeting of businessmen on April 26

President Asif Ali Zardari has called a meeting of business community on April 26 for getting their proposals on the forthcoming 2011-12 Budget, it is learnt. According to sources, the President has invited representatives of leading business associations
Published 21 Apr, 2011 12:00am
Budgetary proposals: President calls meeting of businessmen on April 26

Budgetary proposals: President calls meeting of businessmen on April 26

President Asif Ali Zardari has called a meeting of business community on April 26 for getting their proposals on the forthcoming 2011-12 Budget, it is learnt. According to sources, the President has invited representatives of leading business associations
Published 21 Apr, 2011 12:00am
BRIndex30 up 111.7 points

BRIndex30 up 111.7 points

On Wednesday, the BRIndex30 opened at 8,634.12 points and remained in positive for most of the trading time with a rising trend. It touched the intra-day high of 8,766.84 points and low of 8,632.68 points and closed at 8,745.82 points with a net positive
Published 21 Apr, 2011 12:00am
BRIndex30 up 111.7 points

BRIndex30 up 111.7 points

On Wednesday, the BRIndex30 opened at 8,634.12 points and remained in positive for most of the trading time with a rising trend. It touched the intra-day high of 8,766.84 points and low of 8,632.68 points and closed at 8,745.82 points with a net positive
Published 21 Apr, 2011 12:00am
Index gains 145.78 points

Index gains 145.78 points

The KSE-100 index on Wednesday registered healthy recovery of 145.78 points and closed at 11,745.06 points on the back of revived interest of local investors in the oversold market. Foreign investors, however, remained on the selling side and a net outflo
Published 21 Apr, 2011 12:00am
Index gains 145.78 points

Index gains 145.78 points

The KSE-100 index on Wednesday registered healthy recovery of 145.78 points and closed at 11,745.06 points on the back of revived interest of local investors in the oversold market. Foreign investors, however, remained on the selling side and a net outflo
Published 21 Apr, 2011 12:00am
Index gains 145.78 points

Index gains 145.78 points

The KSE-100 index on Wednesday registered healthy recovery of 145.78 points and closed at 11,745.06 points on the back of revived interest of local investors in the oversold market. Foreign investors, however, remained on the selling side and a net outflo
Published 21 Apr, 2011 12:00am
Prime Minister has assets worth Rs 19.4 million

Prime Minister has assets worth Rs 19.4 million

The Election Commission of Pakistan on Wednesday released the details of the parliamentarians' assets. According to the declaration, total assets of the Prime Minister amounts to Rs 19.4 million and during the last year his assets increased by over Rs 500
Published 21 Apr, 2011 12:00am
Prime Minister has assets worth Rs 19.4 million

Prime Minister has assets worth Rs 19.4 million

The Election Commission of Pakistan on Wednesday released the details of the parliamentarians' assets. According to the declaration, total assets of the Prime Minister amounts to Rs 19.4 million and during the last year his assets increased by over Rs 500
Published 21 Apr, 2011 12:00am
China, Punjab ink deal for 120 megawatts power generation

China, Punjab ink deal for 120 megawatts power generation

According to a news of DGPR received here on Wednesday a historic agreement has been signed between China and Punjab in Beijing during the day for the generation of 120 megawatt power from Taunsa Barrage. The project to be completed with the co-operation
Published 21 Apr, 2011 12:00am
China, Punjab ink deal for 120 megawatts power generation

China, Punjab ink deal for 120 megawatts power generation

According to a news of DGPR received here on Wednesday a historic agreement has been signed between China and Punjab in Beijing during the day for the generation of 120 megawatt power from Taunsa Barrage. The project to be completed with the co-operation
Published 21 Apr, 2011 12:00am
China, Punjab ink deal for 120 megawatts power generation

China, Punjab ink deal for 120 megawatts power generation

According to a news of DGPR received here on Wednesday a historic agreement has been signed between China and Punjab in Beijing during the day for the generation of 120 megawatt power from Taunsa Barrage. The project to be completed with the co-operation
Published 21 Apr, 2011 12:00am
Afghan refugees to be brought into tax net: FBR

Afghan refugees to be brought into tax net: FBR

Member, Inland Revenue, Federal Board of Revenue (FBR), Khawar Khurshid on Wednesday said that data of registration and identity cards of Afghan refugees would be collected to bring them into tax net. He was addressing business community here at Sarhad Ch
Published 21 Apr, 2011 12:00am
Afghan refugees to be brought into tax net: FBR

Afghan refugees to be brought into tax net: FBR

Member, Inland Revenue, Federal Board of Revenue (FBR), Khawar Khurshid on Wednesday said that data of registration and identity cards of Afghan refugees would be collected to bring them into tax net. He was addressing business community here at Sarhad Ch
Published 21 Apr, 2011 12:00am
Afghan refugees to be brought into tax net: FBR

Afghan refugees to be brought into tax net: FBR

Member, Inland Revenue, Federal Board of Revenue (FBR), Khawar Khurshid on Wednesday said that data of registration and identity cards of Afghan refugees would be collected to bring them into tax net. He was addressing business community here at Sarhad Ch
Published 21 Apr, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
Banks, insurance companies: income tax rate may be raised in budget

Banks, insurance companies: income tax rate may be raised in budget

The government is likely to enhance the income tax rate on banking and insurance companies from 35 percent to 37.5 percent or 40 percent in the budget for 2011-12. Sources told Business Recorder here on Wednesday that the tax officials are working
Published 21 Apr, 2011 12:00am
Banks, insurance companies: income tax rate may be raised in budget

Banks, insurance companies: income tax rate may be raised in budget

The government is likely to enhance the income tax rate on banking and insurance companies from 35 percent to 37.5 percent or 40 percent in the budget for 2011-12. Sources told Business Recorder here on Wednesday that the tax officials are working
Published 21 Apr, 2011 12:00am
Banks, insurance companies: income tax rate may be raised in budget

Banks, insurance companies: income tax rate may be raised in budget

The government is likely to enhance the income tax rate on banking and insurance companies from 35 percent to 37.5 percent or 40 percent in the budget for 2011-12. Sources told Business Recorder here on Wednesday that the tax officials are working
Published 21 Apr, 2011 12:00am
US says won't abandon drone programme

US says won't abandon drone programme

The United States will not abandon its drone program in Pakistan but how it goes forward is a matter for US and Pakistani intelligence and military officials to determine, a US official said on Wednesday. "The program is something that we have said we go
Published 21 Apr, 2011 12:00am
US says won't abandon drone programme

US says won't abandon drone programme

The United States will not abandon its drone program in Pakistan but how it goes forward is a matter for US and Pakistani intelligence and military officials to determine, a US official said on Wednesday. "The program is something that we have said we go
Published 21 Apr, 2011 12:00am
US links ISI to Haqqani militants

US links ISI to Haqqani militants

The highest ranking officer in the United States armed forces accused Inter-Services Intelligence (ISI) agency of having ties with terrorists as he arrived for security talks on Wednesday. Admiral Mike Mullen, the Chairman of the Joint Chiefs of Staff, ma
Published 21 Apr, 2011 12:00am
US links ISI to Haqqani militants

US links ISI to Haqqani militants

The highest ranking officer in the United States armed forces accused Inter-Services Intelligence (ISI) agency of having ties with terrorists as he arrived for security talks on Wednesday. Admiral Mike Mullen, the Chairman of the Joint Chiefs of Staff, ma
Published 21 Apr, 2011 12:00am
India offers economical power supply

India offers economical power supply

India has offered economical power supply to Pakistan as the country is facing shortfall, a news channel reported here on Wednesday. Quoting Commerce Secretary Zafar Mahmood, it said the issues of power and energy will also be discussed in talks with Indi
Published 21 Apr, 2011 12:00am
India offers economical power supply

India offers economical power supply

India has offered economical power supply to Pakistan as the country is facing shortfall, a news channel reported here on Wednesday. Quoting Commerce Secretary Zafar Mahmood, it said the issues of power and energy will also be discussed in talks with Indi
Published 21 Apr, 2011 12:00am
India offers economical power supply

India offers economical power supply

India has offered economical power supply to Pakistan as the country is facing shortfall, a news channel reported here on Wednesday. Quoting Commerce Secretary Zafar Mahmood, it said the issues of power and energy will also be discussed in talks with Indi
Published 21 Apr, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
Kunnar, Uch projects: Chinese firm revokes deal

Kunnar, Uch projects: Chinese firm revokes deal

China Liaoning International Economic and Technical Co-operation Group Corporation (CLIC) has informed the Oil and Gas Development Company Limited (OGDCL) that it had revoked the Memorandum of Understanding (MoU) and joint venture agreement with Petrosin
Published 21 Apr, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (April 20, 2011).
Published 21 Apr, 2011 12:00am
Kunnar, Uch projects: Chinese firm revokes deal

Kunnar, Uch projects: Chinese firm revokes deal

China Liaoning International Economic and Technical Co-operation Group Corporation (CLIC) has informed the Oil and Gas Development Company Limited (OGDCL) that it had revoked the Memorandum of Understanding (MoU) and joint venture agreement with Petrosin
Published 21 Apr, 2011 12:00am
Kunnar, Uch projects: Chinese firm revokes deal

Kunnar, Uch projects: Chinese firm revokes deal

China Liaoning International Economic and Technical Co-operation Group Corporation (CLIC) has informed the Oil and Gas Development Company Limited (OGDCL) that it had revoked the Memorandum of Understanding (MoU) and joint venture agreement with Petrosin
Published 21 Apr, 2011 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
An opportunity to remove stigma from Punjabi judges: Khosa

An opportunity to remove stigma from Punjabi judges: Khosa

Punjab Governor Sardar Latif Khan Khosa has said that judiciary has the opportunity to remove the stigma from the Punjabi people and Punjabi judges by giving a decision on the review of Zulfiqar Ali Bhutto case. Latif Khosa was addressing the 3rd Convocat
Published 21 Apr, 2011 12:00am
An opportunity to remove stigma from Punjabi judges: Khosa

An opportunity to remove stigma from Punjabi judges: Khosa

Punjab Governor Sardar Latif Khan Khosa has said that judiciary has the opportunity to remove the stigma from the Punjabi people and Punjabi judges by giving a decision on the review of Zulfiqar Ali Bhutto case. Latif Khosa was addressing the 3rd Convocat
Published 21 Apr, 2011 12:00am
ZAB reference: Cabinet approves questions of law

ZAB reference: Cabinet approves questions of law

A special meeting of the Federal Cabinet presided over by Prime Minister Syed Yousuf Raza Gilani on Wednesday approved questions of law in the Presidential reference seeking review of the death sentence to former Prime Minister Zulfiqar Ali Bhutto.
Published 21 Apr, 2011 12:00am
ZAB reference: Cabinet approves questions of law

ZAB reference: Cabinet approves questions of law

A special meeting of the Federal Cabinet presided over by Prime Minister Syed Yousuf Raza Gilani on Wednesday approved questions of law in the Presidential reference seeking review of the death sentence to former Prime Minister Zulfiqar Ali Bhutto.
Published 21 Apr, 2011 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
Circular debt: Finance Ministry asked to bail OGDCL out

Circular debt: Finance Ministry asked to bail OGDCL out

Ministry of Petroleum (MoP) has warned the Finance Ministry that Oil and Gas Development Company Limited (OGDCL) may not be able to ensure regular supply of crude oil and natural gas unless it receives the entire payment due from refineries and gas distri
Published 21 Apr, 2011 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
Circular debt: Finance Ministry asked to bail OGDCL out

Circular debt: Finance Ministry asked to bail OGDCL out

Ministry of Petroleum (MoP) has warned the Finance Ministry that Oil and Gas Development Company Limited (OGDCL) may not be able to ensure regular supply of crude oil and natural gas unless it receives the entire payment due from refineries and gas distri
Published 21 Apr, 2011 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (April 20, 2011).

Published 21 Apr, 2011 12:00am
Circular debt: Finance Ministry asked to bail OGDCL out

Circular debt: Finance Ministry asked to bail OGDCL out

Ministry of Petroleum (MoP) has warned the Finance Ministry that Oil and Gas Development Company Limited (OGDCL) may not be able to ensure regular supply of crude oil and natural gas unless it receives the entire payment due from refineries and gas distri
Published 21 Apr, 2011 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 21 Apr, 2011 12:00am
Arab unrest: perspectives - XX

Arab unrest: perspectives - XX

Are the two sides in Libya at an equal stalemate? Sir David Frost poses this question to Carl Bildt, the foreign minister of Sweden-a country very much outside Nato, but a highly valuable part of the coalition against Qadhafi as it provides "qualitative a
Published 21 Apr, 2011 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 21 Apr, 2011 12:00am
Arab unrest: perspectives - XX

Arab unrest: perspectives - XX

Are the two sides in Libya at an equal stalemate? Sir David Frost poses this question to Carl Bildt, the foreign minister of Sweden-a country very much outside Nato, but a highly valuable part of the coalition against Qadhafi as it provides "qualitative a
Published 21 Apr, 2011 12:00am
New York cotton

New York cotton

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

Published 21 Apr, 2011 12:00am
UAE calls for Iran to 'respect' Gulf neighbours

UAE calls for Iran to 'respect' Gulf neighbours

Iran should respect the unity of its Arab neighbours in the Gulf, the United Arab Emirates foreign minister said on Wednesday at a time of heightened regional tension. "Iran should reconsider its policies in the region," Sheikh Abdullah bin Zayed Al-Nahay
Published 21 Apr, 2011 12:00am
New York cotton

New York cotton

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

Published 21 Apr, 2011 12:00am
UAE calls for Iran to 'respect' Gulf neighbours

UAE calls for Iran to 'respect' Gulf neighbours

Iran should respect the unity of its Arab neighbours in the Gulf, the United Arab Emirates foreign minister said on Wednesday at a time of heightened regional tension. "Iran should reconsider its policies in the region," Sheikh Abdullah bin Zayed Al-Nahay
Published 21 Apr, 2011 12:00am
EU, Gulf affirm support for Libya rebel council

EU, Gulf affirm support for Libya rebel council

The European Union and the Gulf Co-operation Council reiterated their support for the Libyan rebel Transitional National Council, in statement after a meeting in Abu Dhabi on Wednesday. The EU and GCC stressed that Libyan leader Moamer Kadhafi's "regime h
Published 21 Apr, 2011 12:00am
US Midwest corn bids steady to firmer

US Midwest corn bids steady to firmer

Corn spot basis bids were steady to firmer around the US Midwest on Tuesday, supported by slow farmer sales of old-crop supplies, grain merchants said. Dealers noted a bounce in new-crop sales as CBOT corn futures for December delivery rose to a contract
Published 21 Apr, 2011 12:00am
EU, Gulf affirm support for Libya rebel council

EU, Gulf affirm support for Libya rebel council

The European Union and the Gulf Co-operation Council reiterated their support for the Libyan rebel Transitional National Council, in statement after a meeting in Abu Dhabi on Wednesday. The EU and GCC stressed that Libyan leader Moamer Kadhafi's "regime h
Published 21 Apr, 2011 12:00am
Bangladesh's grain imports likely to fall

Bangladesh's grain imports likely to fall

Bangladesh's grain imports are likely to drop to 1.4 million tonnes in the fiscal year beginning in July from nearly 2.5 million tonnes in the current fiscal year, a senior food official said on Wednesday. The government will import 1 million tonnes of wh
Published 21 Apr, 2011 12:00am
France sends military advisers to Libya

France sends military advisers to Libya

France said Wednesday it has sent military advisers into insurgent-held eastern Libya, with Britain and Italy set to follow suit, as Tripoli warned foreign boots on the ground would prolong the conflict. The developments come as the besieged rebel-held ci
Published 21 Apr, 2011 12:00am
Canadian canola futures fall

Canadian canola futures fall

ICE Canadian canola futures fell on Tuesday as a strong Canadian dollar kept crushers and exporters from buying and weaker soyabean futures added to the negative tone, traders said. Canola crushing margins well below margins from one month ago and one yea
Published 21 Apr, 2011 12:00am
France sends military advisers to Libya

France sends military advisers to Libya

France said Wednesday it has sent military advisers into insurgent-held eastern Libya, with Britain and Italy set to follow suit, as Tripoli warned foreign boots on the ground would prolong the conflict. The developments come as the besieged rebel-held ci
Published 21 Apr, 2011 12:00am
Oil World ups Indonesian palm oil output forecast

Oil World ups Indonesian palm oil output forecast

Indonesia, the world's top palm oil exporter, will produce 23.8 million tonnes in 2011 versus 22.0 million tonnes last year, Hamburg-based oilseeds analysts Oil World forecast on Tuesday. The forecast is 100,000 tonnes higher than Oil World's previous est
Published 21 Apr, 2011 12:00am
Euro rallies against dollar; gold tops $1,500

Euro rallies against dollar; gold tops $1,500

The euro rose sharply against the dollar on Wednesday as investors looked to take on more risk after strong US company results and housing data bolstered confidence in the economic prospects. Dealers said markets bounced back strongly from the shock Monda
Published 21 Apr, 2011 12:00am
India should allow wheat, rice exports: Minister

India should allow wheat, rice exports: Minister

India should allow exports of wheat and rice as the country has huge grain stocks and global prices are favourable, Farm Minister Sharad Pawar said on Wednesday. Pawar's remarks came a day after India forecast normal monsoon rains which could boost farm o
Published 21 Apr, 2011 12:00am
Euro rallies against dollar; gold tops $1,500

Euro rallies against dollar; gold tops $1,500

The euro rose sharply against the dollar on Wednesday as investors looked to take on more risk after strong US company results and housing data bolstered confidence in the economic prospects. Dealers said markets bounced back strongly from the shock Monda
Published 21 Apr, 2011 12:00am
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