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May 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-12-20
Mapping Lahore through urban design lab-Founder OCCO

Mapping Lahore through urban design lab-Founder OCCO

Attiq Ahmed is a practising architect and urban designer based out of Lahore, Pakistan. An Associate Professor of Architecture at the National College of Arts and founding director of Pakistan Rising, Attiq also founded OCCO (Office for Conservation and C
Published 20 Dec, 2013 12:00am
Mapping Lahore through urban design lab-Founder OCCO

Mapping Lahore through urban design lab-Founder OCCO

Attiq Ahmed is a practising architect and urban designer based out of Lahore, Pakistan. An Associate Professor of Architecture at the National College of Arts and founding director of Pakistan Rising, Attiq also founded OCCO (Office for Conservation and C
Published 20 Dec, 2013 12:00am
Musharraf's trial: IHC rejects intra-court appeal

Musharraf's trial: IHC rejects intra-court appeal

The Islamabad High Court (IHC) rejected an intra-court appeal against the establishment of a special court for the conduct of a treason trial of former president General Pervez Musharraf (Retd). A division bench of the IHC comprising Chief Justice Anwar K
Published 20 Dec, 2013 12:00am
Musharraf's trial: IHC rejects intra-court appeal

Musharraf's trial: IHC rejects intra-court appeal

The Islamabad High Court (IHC) rejected an intra-court appeal against the establishment of a special court for the conduct of a treason trial of former president General Pervez Musharraf (Retd). A division bench of the IHC comprising Chief Justice Anwar K
Published 20 Dec, 2013 12:00am
Foreign inflows push SBP reserves up by $500 million

Foreign inflows push SBP reserves up by $500 million

The State Bank''s forex reserves posted a healthy increase of over $500 million this week supported by foreign inflows. Pakistan''s liquid foreign exchange reserves were weakening for last few months mainly due to rising foreign debt payment and slow infl
Published 20 Dec, 2013 12:00am
Foreign inflows push SBP reserves up by $500 million

Foreign inflows push SBP reserves up by $500 million

The State Bank's forex reserves posted a healthy increase of over $500 million this week supported by foreign inflows. Pakistan's liquid foreign exchange reserves were weakening for last few months mainly due to rising foreign debt payment and slow inflow
Published 20 Dec, 2013 12:00am
Foreign inflows push SBP reserves up by $500 million

Foreign inflows push SBP reserves up by $500 million

The State Bank's forex reserves posted a healthy increase of over $500 million this week supported by foreign inflows. Pakistan's liquid foreign exchange reserves were weakening for last few months mainly due to rising foreign debt payment and slow inflow
Published 20 Dec, 2013 12:00am
Raids, shells kill 33 militants

Raids, shells kill 33 militants

Troops Thursday mounted helicopter and mortar attacks on militants in the lawless north-west, where officials said 33 insurgents and three civilians have been killed. The violence in North Waziristan tribal district came a day after a suicide bombing at a
Published 20 Dec, 2013 12:00am
Raids, shells kill 33 militants

Raids, shells kill 33 militants

Troops Thursday mounted helicopter and mortar attacks on militants in the lawless north-west, where officials said 33 insurgents and three civilians have been killed. The violence in North Waziristan tribal district came a day after a suicide bombing at a
Published 20 Dec, 2013 12:00am
European deal on banking union comes under fire

European deal on banking union comes under fire

A hard-fought EU agreement on how to handle failing banks attracted sharp criticism on Thursday, with the president of the European Parliament describing it as possibly the biggest policy failure since the euro crisis erupted four years ago. The deal, cli
Published 20 Dec, 2013 12:00am
European deal on banking union comes under fire

European deal on banking union comes under fire

A hard-fought EU agreement on how to handle failing banks attracted sharp criticism on Thursday, with the president of the European Parliament describing it as possibly the biggest policy failure since the euro crisis erupted four years ago. The deal, cli
Published 20 Dec, 2013 12:00am
The Weather

The Weather

The weather report on Thursday (December 19, 2013) and the forecast for Friday (December 20, 2013).

Published 20 Dec, 2013 12:00am
European deal on banking union comes under fire

European deal on banking union comes under fire

A hard-fought EU agreement on how to handle failing banks attracted sharp criticism on Thursday, with the president of the European Parliament describing it as possibly the biggest policy failure since the euro crisis erupted four years ago. The deal, cli
Published 20 Dec, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
PQA asked to remove all illegal appointees

PQA asked to remove all illegal appointees

Disposing of the matter, the Supreme Court on Thursday directed the Port Qasim Authority (PQA) to remove illegal appointees within a month. A three-member bench led by Chief Justice Tassaduq Hussain Jillani resumed the hearing of the petition of Abdul Jab
Published 20 Dec, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Dec, 2013 12:00am
PQA asked to remove all illegal appointees

PQA asked to remove all illegal appointees

Disposing of the matter, the Supreme Court on Thursday directed the Port Qasim Authority (PQA) to remove illegal appointees within a month. A three-member bench led by Chief Justice Tassaduq Hussain Jillani resumed the hearing of the petition of Abdul Jab
Published 20 Dec, 2013 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 20 Dec, 2013 12:00am
PQA asked to remove all illegal appointees

PQA asked to remove all illegal appointees

Disposing of the matter, the Supreme Court on Thursday directed the Port Qasim Authority (PQA) to remove illegal appointees within a month. A three-member bench led by Chief Justice Tassaduq Hussain Jillani resumed the hearing of the petition of Abdul Jab
Published 20 Dec, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (December 19, 2013) and for Friday (December 20, 2013).
Published 20 Dec, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
Bangladesh makes 118 arrests in crackdown on opposition

Bangladesh makes 118 arrests in crackdown on opposition

Bangladesh security forces arrested more than 100 protesters on Thursday as they launched a nation-wide crackdown on the opposition ahead of the controversial January 5 general election. Officials said the protesters were detained in joint operations by t
Published 20 Dec, 2013 12:00am
US court revives 9/11 victims' case against Saudi Arabia

US court revives 9/11 victims' case against Saudi Arabia

A US appeals court on Thursday revived claims by families of victims of the September 11, 2001, attacks who alleged that Saudi Arabia provided material support to al Qaeda. Reversing a lower court ruling, the 2nd US Circuit Court of Appeals said "the inte
Published 20 Dec, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
LSE index loses 62.11 points

LSE index loses 62.11 points

Bearish sentiments dominated on the Lahore Stock Exchange on Thursday and the equities suffered losses due to profit-taking amid decreased trading turnover. The LSE-25 index lost 62.11 points and was closed at 4893.40 against 4955.51 of Wednesday, while t
Published 20 Dec, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
LSE index loses 62.11 points

LSE index loses 62.11 points

Bearish sentiments dominated on the Lahore Stock Exchange on Thursday and the equities suffered losses due to profit-taking amid decreased trading turnover. The LSE-25 index lost 62.11 points and was closed at 4893.40 against 4955.51 of Wednesday, while t
Published 20 Dec, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
ISE index gains 5.08 points

ISE index gains 5.08 points

Bulls dominated the proceedings on the Islamabad Stock Exchange (ISE) on Thursday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 5.08 points as the ISE Te
Published 20 Dec, 2013 12:00am
ISE index gains 5.08 points

ISE index gains 5.08 points

Bulls dominated the proceedings on the Islamabad Stock Exchange (ISE) on Thursday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 5.08 points as the ISE Te
Published 20 Dec, 2013 12:00am
IMF, ADB and USAID take up Discos'''' sell-off

IMF, ADB and USAID take up Discos'''' sell-off

The International Monetary Fund has reportedly started consultations with the Asian Development Bank and USAID on the proposed power sector''''s privatisation plan, well-informed sources told Business Recorder. "Privatisation of Lesco, Gepco, Iesco
Published 20 Dec, 2013 12:00am
THE RUPEE: upward trend

THE RUPEE: upward trend

Bulls persisted on the money market on Thursday as the rupee managed to keep its supremacy over the dollar and euro, dealers said. The rupee picked up 20-paisa in relation to the dollar for buying at Rs 106.40 and it also gained 23-paisa for selling at Rs
Published 20 Dec, 2013 12:00am
IMF, ADB and USAID take up Discos'' sell-off

IMF, ADB and USAID take up Discos'' sell-off

The International Monetary Fund has reportedly started consultations with the Asian Development Bank and USAID on the proposed power sector''s privatisation plan, well-informed sources told Business Recorder. "Privatisation of Lesco, Gepco, Iesco,
Published 20 Dec, 2013 12:00am
THE RUPEE: upward trend

THE RUPEE: upward trend

Bulls persisted on the money market on Thursday as the rupee managed to keep its supremacy over the dollar and euro, dealers said. The rupee picked up 20-paisa in relation to the dollar for buying at Rs 106.40 and it also gained 23-paisa for selling at Rs
Published 20 Dec, 2013 12:00am
IMF, ADB and USAID take up Discos' sell-off

IMF, ADB and USAID take up Discos' sell-off

The International Monetary Fund has reportedly started consultations with the Asian Development Bank and USAID on the proposed power sector's privatisation plan, well-informed sources told Business Recorder. "Privatisation of Lesco, Gepco, Iesco, F
Published 20 Dec, 2013 12:00am
IMF, ADB and USAID take up Discos' sell-off

IMF, ADB and USAID take up Discos' sell-off

The International Monetary Fund has reportedly started consultations with the Asian Development Bank and USAID on the proposed power sector's privatisation plan, well-informed sources told Business Recorder. "Privatisation of Lesco, Gepco, Iesco, F
Published 20 Dec, 2013 12:00am
Dar upbeat about uptick in growth

Dar upbeat about uptick in growth

Pakistan is heading towards economic revival and stability due to viable economic reforms of the government and average GDP growth rate in first quarter of the current fiscal year has increased to 5 percent as compared to 2.9 percent in the same period of
Published 20 Dec, 2013 12:00am
Dar upbeat about uptick in growth

Dar upbeat about uptick in growth

Pakistan is heading towards economic revival and stability due to viable economic reforms of the government and average GDP growth rate in first quarter of the current fiscal year has increased to 5 percent as compared to 2.9 percent in the same period of
Published 20 Dec, 2013 12:00am
Dar upbeat about uptick in growth

Dar upbeat about uptick in growth

Pakistan is heading towards economic revival and stability due to viable economic reforms of the government and average GDP growth rate in first quarter of the current fiscal year has increased to 5 percent as compared to 2.9 percent in the same period of
Published 20 Dec, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
BRIndex30 sheds 132 points

BRIndex30 sheds 132 points

On Thursday, BRIndex30 opened at 15,030.47. It touched an intraday high of 15,143.10 and an intraday low of 14,884.21 and closed at 14,898.47, which was -132 points or -0.88 percent lower than previous close. Total volume was 136,833,200, which was 53.63
Published 20 Dec, 2013 12:00am
BRIndex30 sheds 132 points

BRIndex30 sheds 132 points

On Thursday, BRIndex30 opened at 15,030.47. It touched an intraday high of 15,143.10 and an intraday low of 14,884.21 and closed at 14,898.47, which was -132 points or -0.88 percent lower than previous close. Total volume was 136,833,200, which was 53.63
Published 20 Dec, 2013 12:00am
Rally fizzles out

Rally fizzles out

Karachi Stock Exchange (KSE) on Thursday witnessed a technical correction due to profit-taking by institutions. The KSE-100 Index shed 51.81 points to close at 25,472.65-point level. The index touched 25,709 highest and 25,399 lowest levels during the int
Published 20 Dec, 2013 12:00am
Rally fizzles out

Rally fizzles out

Karachi Stock Exchange (KSE) on Thursday witnessed a technical correction due to profit-taking by institutions. The KSE-100 Index shed 51.81 points to close at 25,472.65-point level. The index touched 25,709 highest and 25,399 lowest levels during the int
Published 20 Dec, 2013 12:00am
Rally fizzles out

Rally fizzles out

Karachi Stock Exchange (KSE) on Thursday witnessed a technical correction due to profit-taking by institutions. The KSE-100 Index shed 51.81 points to close at 25,472.65-point level. The index touched 25,709 highest and 25,399 lowest levels during the int
Published 20 Dec, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 20 Dec, 2013 12:00am
Drone strikes: UNGA urges US to comply with international law

Drone strikes: UNGA urges US to comply with international law

The UN General Assembly on Wednesday adopted a resolution calling on States, using drone strikes as a counter-terrorism measure, to comply with international law as the 193-member body acted on a range of issues relating mainly to human rights.
Published 20 Dec, 2013 12:00am
Drone strikes: UNGA urges US to comply with international law

Drone strikes: UNGA urges US to comply with international law

The UN General Assembly on Wednesday adopted a resolution calling on States, using drone strikes as a counter-terrorism measure, to comply with international law as the 193-member body acted on a range of issues relating mainly to human rights.
Published 20 Dec, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 20 Dec, 2013 12:00am
Government indifference to PSM woes causes concerns

Government indifference to PSM woes causes concerns

Ministry of Industries and Production (MoI&P) is reportedly very concerned over the indifference of Finance Minister Senator Ishaq Dar to the continued serious financial woes of Pakistan Steel Mills (PSM), sources close to Secretary Industries told Bus
Published 20 Dec, 2013 12:00am
Government indifference to PSM woes causes concerns

Government indifference to PSM woes causes concerns

Ministry of Industries and Production (MoI&P) is reportedly very concerned over the indifference of Finance Minister Senator Ishaq Dar to the continued serious financial woes of Pakistan Steel Mills (PSM), sources close to Secretary Industries told Bus
Published 20 Dec, 2013 12:00am
Government indifference to PSM woes causes concerns

Government indifference to PSM woes causes concerns

Ministry of Industries and Production (MoI&P) is reportedly very concerned over the indifference of Finance Minister Senator Ishaq Dar to the continued serious financial woes of Pakistan Steel Mills (PSM), sources close to Secretary Industries told Bus
Published 20 Dec, 2013 12:00am
Nawaz praises Iran on nuclear deal

Nawaz praises Iran on nuclear deal

Prime Minister Nawaz Sharif Thursday said the D-8 holds great potential to build on synergies between the eight leading Islamic countries. He was talking to Iranian Foreign Minister Muhammad Javed Zarif here at the PM house. Zarif is here to participate i
Published 20 Dec, 2013 12:00am
Nawaz praises Iran on nuclear deal

Nawaz praises Iran on nuclear deal

Prime Minister Nawaz Sharif Thursday said the D-8 holds great potential to build on synergies between the eight leading Islamic countries. He was talking to Iranian Foreign Minister Muhammad Javed Zarif here at the PM house. Zarif is here to participate i
Published 20 Dec, 2013 12:00am
Sartaj highlights D-8 potential

Sartaj highlights D-8 potential

Advisor to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Thursday said D-8 has the potential to become a vehicle for economic development for the member states and for the welfare of the people of the region. Addressing the 16th
Published 20 Dec, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
Sartaj highlights D-8 potential

Sartaj highlights D-8 potential

Advisor to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Thursday said D-8 has the potential to become a vehicle for economic development for the member states and for the welfare of the people of the region. Addressing the 16th
Published 20 Dec, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
Sartaj highlights D-8 potential

Sartaj highlights D-8 potential

Advisor to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Thursday said D-8 has the potential to become a vehicle for economic development for the member states and for the welfare of the people of the region. Addressing the 16th
Published 20 Dec, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (December 19, 2013).

Published 20 Dec, 2013 12:00am
Top senior official suspended

Top senior official suspended

The government on Thursday suspended Accountant General of Pakistan Revenue Tahir Mehmood on Thursday. Sources said Tahir had sent references on alleged corruption in the finance ministry to the National Accountability Bureau (NAB) in violation of governm
Published 20 Dec, 2013 12:00am
Top senior official suspended

Top senior official suspended

The government on Thursday suspended Accountant General of Pakistan Revenue Tahir Mehmood on Thursday. Sources said Tahir had sent references on alleged corruption in the finance ministry to the National Accountability Bureau (NAB) in violation of governm
Published 20 Dec, 2013 12:00am
All set to receive $550 million from IMF: Dar

All set to receive $550 million from IMF: Dar

Finance Minister Ishaq Dar on Thursday said Pakistan is all set to receive $550 million - the second tranche of loan from the International Monetary Fund under the Extended Fund Facility. "We have done everything... we are on track," the minister told rep
Published 20 Dec, 2013 12:00am
IMF signs off on next aid disbursement for Pakistan

IMF signs off on next aid disbursement for Pakistan

The International Monetary Fund on Thursday said Pakistan has so far complied with most of the conditions under its $6.7 billion loan program, and gave the country its next chunk of aid. The IMF''s board said Pakistan had not managed to stick to its promi
Published 20 Dec, 2013 12:00am
IMF signs off on next aid disbursement for Pakistan

IMF signs off on next aid disbursement for Pakistan

The International Monetary Fund on Thursday said Pakistan has so far complied with most of the conditions under its $6.7 billion loan program, and gave the country its next chunk of aid. The IMF's board said Pakistan had not managed to stick to its promis
Published 20 Dec, 2013 12:00am
IMF signs off on next aid disbursement for Pakistan

IMF signs off on next aid disbursement for Pakistan

The International Monetary Fund on Thursday said Pakistan has so far complied with most of the conditions under its $6.7 billion loan program, and gave the country its next chunk of aid. The IMF's board said Pakistan had not managed to stick to its promis
Published 20 Dec, 2013 12:00am
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