News Archives for Print - 2014-10-18 - Business Recorder

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Print - 2014-10-18

Energy crisis: panellists stress need for exploring renewable resources

Energy crisis: panellists stress need for exploring renewable resources

The interactive panel discussion entitled 'Energy Crisis - Solutions for a Brighter Tomorrow' was held here on Friday at an NED auditorium and featured the University's faculty members and SSGC's senior officials as panellists.

Published 18 Oct, 2014 12:00am

IDPs, flood-affected people: Prime Minister lauds Chinese timely assistance

IDPs, flood-affected people: Prime Minister lauds Chinese timely assistance

Prime Minister Nawaz Sharif on Friday lauded the timely assistance rendered by the Chinese government for the relief of Internally Displaced Persons and the people affected by recent floods. The Prime Minister termed the gesture a reflection of true frien

Published 18 Oct, 2014 12:00am

Gordon James appointed GM Pearl Continental Hotel

Gordon James appointed GM Pearl Continental Hotel

Hashoo Hotels President, Josef Kufer, has announced the appointment of Scotsman Gordon James Gorman as General Manager of the Pearl Continental Hotel Karachi. A veteran global hotelier, Gorman brings to his second Karachi posting, 35 years of hospitality

Published 18 Oct, 2014 12:00am

Partly Facetious: Negative politics does not work

Partly Facetious: Negative politics does not work

"Hashmi got 13,900 less votes than Dogar."

Published 18 Oct, 2014 12:00am

KP approves Rs 10 billion funds for KPOGDCL

KP approves Rs 10 billion funds for KPOGDCL

The provincial government of Khyber Pakhtunkhwa in order to get rid of the scourge of power load shedding has decided to embark upon the ambitious plan of complying hydro and solar power projects as well as approved a fund of Rs 10 billion for Khyber Pakh

Published 18 Oct, 2014 12:00am

Formal agreement to establish Indus Hospital signed

Formal agreement to establish Indus Hospital signed

A formal agreement has been signed to establish well-equipped Indus Hospital in Peshawar city at convergence of G.T. Road and Ring Road where every patient will be given quality free treatment and medicines. Besides catering treatment facilities in all di

Published 18 Oct, 2014 12:00am

Delay resented: long-term policy needed to prop up textile exports: TDAP CE

Delay resented: long-term policy needed to prop up textile exports: TDAP CE

The Chief Executive of Trade Development Authority of Pakistan, S M Munir has said textile exports have dropped considerably due to delay in the announcement of Textile Policy. Talking to Aaj TV programme 'Paisa Bolta Hai', Munir said the authority

Published 18 Oct, 2014 12:00am

CIMA launches global certificate in shared services

CIMA launches global certificate in shared services

In response to growing market demand, the Chartered Institute of Management Accountants (CIMA) - the world's largest professional body of management accountants - has launched a new qualification for shared services employers at the Hackett Group's 2014 E

Published 18 Oct, 2014 12:00am

Bilawal pays homage to Hosh Mohammed Sheedi

Bilawal pays homage to Hosh Mohammed Sheedi

Pakistan Peoples' Party Chairperson Bilawal Bhutto Zardari on Friday said that Hosh Muhammad Sheedi has set the example of sacrificing his life for the defence of the homeland and he was fully determined to struggle for the people of the country. He expre

Published 18 Oct, 2014 12:00am

KP assembly: Joint opposition expected to give ruling PTI a hard time

KP assembly: Joint opposition expected to give ruling PTI a hard time

The joint opposition in Khyber Pakhtunkhwa Assembly has prepared strategy to give tough-time to ruling Pakistan Tehreek-i-Insaf, amid a no-confidence motion against chief minister Pervez Khattak, as the provincial assembly will meet on October 23rd, after

Published 18 Oct, 2014 12:00am

Energy crisis: experts underscore need for focusing on indigenous resources

Energy crisis: experts underscore need for focusing on indigenous resources

Energy experts in a seminar at Institute of Policy Studies, Islamabad, have emphasised the need for focusing on indigenous resources for power generation to solve the energy crisis in Pakistan.

Published 18 Oct, 2014 12:00am

53 alleged criminals arrested in raids

53 alleged criminals arrested in raids

The city police on Friday claimed to have arrested around 53 alleged criminals in different targeted raids and encounters conducted in various parts of the provincial metropolis during last 24 hours. The police said in 99 raids and three encounters carrie

Published 18 Oct, 2014 12:00am

Hakim Said remembered on 16th death anniversary

Hakim Said remembered on 16th death anniversary

A function, in the memory of Shaheed Hakim Mohammed Said, comprised speeches, poetic tribute, tableau and dua-e-Said, was held on October 16, on the occasion of 16th death anniversary of Hakim Said at a local hotel.

Published 18 Oct, 2014 12:00am

Tax Reforms Commission - check on leakage

Tax Reforms Commission - check on leakage

Reportedly, Chairman of Tax Reforms Commission is a tax practitioner, well aware of depth of tax waters and intricate tax machinery. The Commission should be cognisant that real trouble is with tax adjudication process, terminating at gateway of the super

Published 18 Oct, 2014 12:00am

Panic over Ebola reaches fever-pitch despite calls for calm

Panic over Ebola reaches fever-pitch despite calls for calm

Airport baggage handlers refusing to unload suitcases, a journalist quarantined by his wife, parents taking kids out of school: hysteria over Ebola has reached fever-pitch the world over despite repeated calls for calm. The virus has killed nearly 4,500 p

Published 18 Oct, 2014 12:00am

Investors search for signs of end to stock market correction

Investors search for signs of end to stock market correction

Measuring the point at which investors have exhausted their selling in a market downturn is an inexact science at best, and at its worst akin to sticking a finger in the air to judge shifting winds. By some measures, the near 10 percent decline in the Sta

Published 18 Oct, 2014 12:00am

The economics of irrigation

The economics of irrigation

There has been a considerable discussion but no debate on irrigation water. A debate is amongst informed people while a discussion is amongst ignorant and uninformed people and who have a different kind of interests. The current arguments are entirely bas

Published 18 Oct, 2014 12:00am

The Multan battle

The Multan battle

In the most fervently contested and watched NA-149 Multan by-election, Amir Dogar, an independent candidate backed by the PTI has won getting 52,321 votes against 38,393 of his main rival, Javed Hashmi, former PTI president who left the party, purportedly

Published 18 Oct, 2014 12:00am

CASA-1000 transit agreement

CASA-1000 transit agreement

The signing of the transit agreement for Central Asia South Asia Regional Electricity Market (CASAREM) 1000 project between the government of Pakistan and Afghanistan was hailed by Federal Finance Minister Ishaq Dar as a major step towards close partnersh

Published 18 Oct, 2014 12:00am

Australian diplomats visit PBIT

Australian diplomats visit PBIT

First Secretary (Political) of Australian High Commission Michael Gregory and Ms Nicola Guihot (Political & Trade) visited Punjab Board of Investment & Trade (PBIT). The aim of the visit was to explore opportunities in economic and trade development, buil

Published 18 Oct, 2014 12:00am

Hindu Council demands public holiday on Deewali

Hindu Council demands public holiday on Deewali

Patron-in-Chief of Pakistan Hindu Council Dr Ramesh Kumar Vankwani, MNA (PML-N), has urged the government to declare 23rd October public holiday to celebrate the Hindu religious festival Deewali for interfaith harmony in Pakistan.

Published 18 Oct, 2014 12:00am

Increase in flour prices ruled out

Increase in flour prices ruled out

Punjab's cabinet committee for price control has ruled out the possibility of any increase in flour prices in the province especially in the wake of presence of three million tons of wheat in government stocks. It was claimed at a meeting of the committee

Published 18 Oct, 2014 12:00am

Possible Ebola virus outbreak: Punjab prepares comprehensive plan

Possible Ebola virus outbreak: Punjab prepares comprehensive plan

Pursuant to directions of federal government, Punjab Health department has prepared a comprehensive plan to control possible Ebola virus outbreak that played havoc in Africa. Precautionary arrangements have been launched at airports to screen passengers w

Published 18 Oct, 2014 12:00am

UK universities team visits LCWU

UK universities team visits LCWU

British Council led delegation of twenty representatives from different universities in UK visited Lahore College for Women University (LCWU) on Friday. International Resource Centre LCWU under the umbrella of DFDI (Department of Faculty Development and I

Published 18 Oct, 2014 12:00am

Sherazi Brothers meets Shahbaz

Sherazi Brothers meets Shahbaz

Sherazi Brothers of Sindh called on Punjab Chief Minister Muhammad Shahbaz Sharif, here Friday. Matters of mutual interest and political situation were discussed in the meeting. Speaking on the occasion, the Chief Minister said that Pakistan is facing the

Published 18 Oct, 2014 12:00am

Turkish trade group CEO meets Shahbaz

Turkish trade group CEO meets Shahbaz

A delegation of prominent Turkish trade group Compak met Punjab Chief Minister Muhammad Shahbaz Sharif here on Friday. Matters regarding co-operation in transport and solid waste management sectors were discussed in the meeting. Talking to the delegation,

Published 18 Oct, 2014 12:00am

Health managers: 'holding of workshops essential for capacity-building'

Health managers: 'holding of workshops essential for capacity-building'

Secretary Health Punjab Jawad Rafique Malik has said that holding of training workshops are essential for capacity-building of health managers, uplift of health sector and providing best treatment facilities to the people for which computer technology and

Published 18 Oct, 2014 12:00am

APTMA chief criticises increased power tariff

APTMA chief criticises increased power tariff

Central Chairman APTMA S M Tanveer has said there is no subsidy of any sort on the textile industry's electricity tariff. Instead, he said, 67 percent increase in textile industry tariff has made it unsustainable. Furthermore, the textile industry has bee

Published 18 Oct, 2014 12:00am

Gas supply: LCCI urges government to give industrial sector top priority

Gas supply: LCCI urges government to give industrial sector top priority

The Lahore Chamber of Commerce and Industry on Friday urged the government to give top priority to the industrial sector in gas supply. LCCI President Ijaz A Mumtaz said in a statement that there is a need to reset priority list keeping in view the econom

Published 18 Oct, 2014 12:00am

Governor Punjab congratulates Dogar

Governor Punjab congratulates Dogar

Punjab Governor Chaudhry Muhammad Sarwar on Friday congratulated Amir Dogar, who won Multan by-polls beating Javed Hashmi with the support of Pakistan Tehreek-e-Insaf. Talking to media here, he said that Hashmi by accepting his defeat graciously followed

Published 18 Oct, 2014 12:00am

SECP holds second session of advocacy series

SECP holds second session of advocacy series

The Securities and Exchange Commission of Pakistan (SECP) in collaboration with the USAID held the second session of series of advocacy and consultative session at a local hotel. The advocacy and consultative sessions was very well attended by key stakeho

Published 18 Oct, 2014 12:00am

UHS, LUMHS to collaborate in research & academics: MoU signed

UHS, LUMHS to collaborate in research & academics: MoU signed

University of Health Sciences (UHS), Lahore, and Liaquat University of Medical and Health Sciences (LUMHS), Jamshoro, Sindh have entered into an agreement to collaborate in research and academics. A memorandum of understanding (MoU) was signed here on Fri

Published 18 Oct, 2014 12:00am

Four of a family gunned down in Mitiari

Four of a family gunned down in Mitiari

Four persons of a family including a couple and two children were killed and two others injured in firing over old rivalry here on Friday. Police said that armed men of rival groups opened fire at rival family in village Daro of Mitiari while it was on th

Published 18 Oct, 2014 12:00am

Release on parole: SHC seeks comments

Release on parole: SHC seeks comments

The Sindh High Court (SHC) on Friday sought comments from the provincial home secretary and the superintendent of Karachi Central Prison on a petition of two convicts in the kidnapping for ransom case seeking their release on parole. Two brothers - Muhamm

Published 18 Oct, 2014 12:00am

COMSATS marks 20th anniversary of its establishment

COMSATS marks 20th anniversary of its establishment

While marking the 20th anniversary of COMSATS, scientists and researchers are of the unanimous viewed that the COMSATS is playing a vibrant role in achieving its set goals by adopting a multifaceted strategy that is based on advocacy of S&T; capacity buil

Published 18 Oct, 2014 12:00am

TDAP chief urges PTI to shun politics of agitation

TDAP chief urges PTI to shun politics of agitation

Chief Executive of Trade Development Authority (TDAP), S. M. Muneer, has urged Tehreek-i-Insaaf and other political parties to shun the politics of staging sit-ins and work for progress and prosperity of the country. The TDAP chief, who is also patron-in-

Published 18 Oct, 2014 12:00am

Sartaj to visit Kabul tomorrow

Sartaj to visit Kabul tomorrow

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz will be visiting Kabul tomorrow (Sunday) as special envoy of the Prime Minister to extend a formal invitation to President Mohammad Ashraf Ghani Ahmadzai to visit Pakistan.

Published 18 Oct, 2014 12:00am

Rs 350 million Modarba scam: NAB Rawalpindi arrests accused

Rs 350 million Modarba scam: NAB Rawalpindi arrests accused

The National Accountability Bureau (NAB) Rawalpindi has arrested an accused Muhammad Saqib of Global Concerns in a Rs 350 million case of Modarba scam. Accused Mufti Saqib and Mati-ur-Rehman in connivance with another accused cheated public at large in th

Published 18 Oct, 2014 12:00am

Rs 350 million Modarba scam: NAB Rawalpindi arrests accused

Rs 350 million Modarba scam: NAB Rawalpindi arrests accused

The National Accountability Bureau (NAB) Rawalpindi has arrested an accused Muhammad Saqib of Global Concerns in a Rs 350 million case of Modarba scam. Accused Mufti Saqib and Mati-ur-Rehman in connivance with another accused cheated public at large in th

Published 18 Oct, 2014 12:00am

Alleged infiltration of militants: Pakistan asks Iran to share evidence

Alleged infiltration of militants: Pakistan asks Iran to share evidence

Pakistan on Friday asked Iran to share evidence on the alleged infiltration of militants from its side of the border for carrying out terrorists activities in the neighbouring country. Foreign Office spokesperson Tasnim Aslam told the weekly press briefin

Published 18 Oct, 2014 12:00am

World Cerebral Palsy Day observed

World Cerebral Palsy Day observed

International Society for Prosthetic and Orthotics (ISPO) Pakistan in joint collaboration with Akbar Kare Institute (AkI), Peshawar observed "World Cerebral Palsy Day" on Friday. Cerebral palsy (CP) is a medical disorder which affects a person's ability t

Published 18 Oct, 2014 12:00am

Bilawal to restore Quaid-e-Azam's Pakistan

Bilawal to restore Quaid-e-Azam's Pakistan

Pakistan is under a relentless onslaught and vigorous assault from religious extremism. This religious fundamentalism has penetrated every institution of the country. The worst affected by these attacks is politics in the country. The majority of Pakistan

Published 18 Oct, 2014 12:00am

Cylinder blast kills girl in Gujranwala

Cylinder blast kills girl in Gujranwala

A gas cylinder exploded in a house in Gujranwala on Friday morning that killed a girl child and injured four persons of a family. According to rescue sources, the incident occurred in a house in Samanabad area of Gujranwala when a woman was preparing brea

Published 18 Oct, 2014 12:00am

Journalists killed in Balochistan: Prime Minister urged to approve compensation

Journalists killed in Balochistan: Prime Minister urged to approve compensation

Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah has written a letter to Prime Minister Nawaz Sharif for approving and announcing the compensation for the Journalists killed in Balochistan on purely humanitarian grounds. According t

Published 18 Oct, 2014 12:00am

PAT to announce future strategy after Lahore rally: Qadri

PAT to announce future strategy after Lahore rally: Qadri

Pakistan Awami Tehreek (PAT) chief Dr Tahir-ul-Qadri on Friday said that PAT would announce its future strategy regarding the ongoing sit-in in Islamabad after the public meeting scheduled for October 19 at Miniar Pakistan, Lahore. PAT chief while address

Published 18 Oct, 2014 12:00am

Broad money supply posts 0.71 percent negative growth

Broad money supply posts 0.71 percent negative growth

Broad money supply (M2) posted a negative growth of 0.71 percent during the current fiscal year (July 1 to October 3, 2014). As per SBP data, Net Domestic Assets (NDA) of the banking sector declined since the start of FY15 forcing the M2 growth to fall by

Published 18 Oct, 2014 12:00am

HSC Part-I pre-medical group: BIEK announces results

HSC Part-I pre-medical group: BIEK announces results

Board of Intermediate Education Karachi (BIEK) on Friday announced the results of HSC Part-I Science Pre-Medical Group. According to statistics, 18421 candidates were registered of them 18141 appeared n the exams. As many as 8436 candidates passed all six

Published 18 Oct, 2014 12:00am

PSM clarification

PSM clarification

Operation of Blast Furnace is quite complex in nature that relies on multiple technological aspect. To keep its operation in the safe zone it has to be operated non-stop on its rated capacity. Extended low production process is very detrimental for Blast

Published 18 Oct, 2014 12:00am

22,500 cops to guard PPP meeting

22,500 cops to guard PPP meeting

Sindh police has deployed 22,500 policemen to ensure foolproof security arrangements during Pakistan People's Party's public meeting scheduled to be held on Saturday near Quaid's mausoleum. A large number of people are expected to attend the meeting which

Published 18 Oct, 2014 12:00am

Ebola risk: PPP submits calling attention notice to National Assembly

Ebola risk: PPP submits calling attention notice to National Assembly

Pakistan People's Party (PPP) on Friday submitted a calling attention notice to the National Assembly Secretariat over risk of Ebola virus' outbreak in Pakistan. The motion has been signed by Dr Nafisa Shah, Ms Shazia Marri, Dr Azra Fazal, Syed Ghulam Mus

Published 18 Oct, 2014 12:00am

Flaws in IRIS software: taxpayers unable to meet e-filing deadline: experts

Flaws in IRIS software: taxpayers unable to meet e-filing deadline: experts

Taxpayers will be unable to meet the deadline for e-filing of income tax returns for Tax Year 2014-15, due to several technical flaws in the FBR's newly launched IRIS software, tax experts said on Friday. According to experts, although efforts made by the

Published 18 Oct, 2014 12:00am

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Liquefied Petroleum Gas (LPG) marketing companies and some distributors have raised the commodity price from Rs 140 per kg to Rs 180 per kg within a month without any approval of the Oil and Gas Regulatory Authority (Ogra), market sources revealed. Accord

Published 18 Oct, 2014 12:00am

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Liquefied Petroleum Gas (LPG) marketing companies and some distributors have raised the commodity price from Rs 140 per kg to Rs 180 per kg within a month without any approval of the Oil and Gas Regulatory Authority (Ogra), market sources revealed. Accord

Published 18 Oct, 2014 12:00am

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Marketing companies raise LPG price sans Ogra approval: Distributors claim...

Liquefied Petroleum Gas (LPG) marketing companies and some distributors have raised the commodity price from Rs 140 per kg to Rs 180 per kg within a month without any approval of the Oil and Gas Regulatory Authority (Ogra), market sources revealed. Accord

Published 18 Oct, 2014 12:00am

At least nine militants killed in army offensive

At least nine militants killed in army offensive

Army extended its offensive against militants in mountains along the Afghan border on Friday, killing at least nine insurgents, military officials said. The army launched the offensive in the region known as the Khyber agency this week targeting Islamists

Published 18 Oct, 2014 12:00am

At least nine militants killed in army offensive

At least nine militants killed in army offensive

Army extended its offensive against militants in mountains along the Afghan border on Friday, killing at least nine insurgents, military officials said. The army launched the offensive in the region known as the Khyber agency this week targeting Islamists

Published 18 Oct, 2014 12:00am

India top court grants Jayalalithaa bail

India top court grants Jayalalithaa bail

India's top court granted bail Friday to a powerful south Indian film star-turned-politician jailed last month for corruption, a ruling that sparked jubilation in her home state. Jayalalithaa Jayaram, 66, an ex-film star and a long-time head of Tamil Nadu

Published 18 Oct, 2014 12:00am

India top court grants Jayalalithaa bail

India top court grants Jayalalithaa bail

India's top court granted bail Friday to a powerful south Indian film star-turned-politician jailed last month for corruption, a ruling that sparked jubilation in her home state. Jayalalithaa Jayaram, 66, an ex-film star and a long-time head of Tamil Nadu

Published 18 Oct, 2014 12:00am

The Weather

The Weather

The weather report on Friday (October 17, 2014) and the forecast for Saturday (October 18, 2014).

Published 18 Oct, 2014 12:00am

British police charge four with IS-linked terror plot

British police charge four with IS-linked terror plot

Four men appeared in a British court on Friday charged with an alleged terror plot to shoot to kill police officers or soldiers on the streets of London, and with allegedly pledging allegiance to the Islamic State organisation. The men, who are all from t

Published 18 Oct, 2014 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on 14th October, 2014.

Published 18 Oct, 2014 12:00am

British police charge four with IS-linked terror plot

British police charge four with IS-linked terror plot

Four men appeared in a British court on Friday charged with an alleged terror plot to shoot to kill police officers or soldiers on the streets of London, and with allegedly pledging allegiance to the Islamic State organisation. The men, who are all from t

Published 18 Oct, 2014 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on 14th October, 2014.

Published 18 Oct, 2014 12:00am

Indian aggression: Prime Minister, defence minister silent: Awan

Indian aggression: Prime Minister, defence minister silent: Awan

Leader of House in the Senate, Raja Zafarul Haq, on Friday condemned the Indian aggression on the Line of Control (LoC) and the Working Boundary (WB) and said that the government would protect its citizens at all cost. Responding to Senator Babar Awan's p

Published 18 Oct, 2014 12:00am

PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on 14th October, 2014.

Published 18 Oct, 2014 12:00am

Indian aggression: Prime Minister, defence minister silent: Awan

Indian aggression: Prime Minister, defence minister silent: Awan

Leader of House in the Senate, Raja Zafarul Haq, on Friday condemned the Indian aggression on the Line of Control (LoC) and the Working Boundary (WB) and said that the government would protect its citizens at all cost. Responding to Senator Babar Awan's p

Published 18 Oct, 2014 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

Seychelles seals WTO entry after 18 years

Seychelles seals WTO entry after 18 years

The Seychelles on Friday sealed its entry to the World Trade Organisation, the Geneva-based body whose 160 members set the rules of global commerce said Friday. The Indian Ocean island, which has spent 18 years negotiating to join, is set to win formal ap

Published 18 Oct, 2014 12:00am

LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Oct, 2014 12:00am

Seychelles seals WTO entry after 18 years

Seychelles seals WTO entry after 18 years

The Seychelles on Friday sealed its entry to the World Trade Organisation, the Geneva-based body whose 160 members set the rules of global commerce said Friday. The Indian Ocean island, which has spent 18 years negotiating to join, is set to win formal ap

Published 18 Oct, 2014 12:00am

LME official prices

LME official prices

The following were Thursday official prices.

Published 18 Oct, 2014 12:00am

Seychelles seals WTO entry after 18 years

Seychelles seals WTO entry after 18 years

The Seychelles on Friday sealed its entry to the World Trade Organisation, the Geneva-based body whose 160 members set the rules of global commerce said Friday. The Indian Ocean island, which has spent 18 years negotiating to join, is set to win formal ap

Published 18 Oct, 2014 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

India test-fires first home-made cruise missile

India test-fires first home-made cruise missile

India successfully test-fired its first domestically built nuclear-capable long-range cruise missile Friday, marking another step in building up the country's defence prowess. The "Nirbhay", or "fearless", missile blasted off from a mobile launcher at the

Published 18 Oct, 2014 12:00am

Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (October 17, 2014) and for Saturday (October 18, 2014).

Published 18 Oct, 2014 12:00am

India test-fires first home-made cruise missile

India test-fires first home-made cruise missile

India successfully test-fired its first domestically built nuclear-capable long-range cruise missile Friday, marking another step in building up the country's defence prowess. The "Nirbhay", or "fearless", missile blasted off from a mobile launcher at the

Published 18 Oct, 2014 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (October 17, 2014)

Published 18 Oct, 2014 12:00am

FDI declines by 27 percent

FDI declines by 27 percent

Foreign Direct Investment (FDI) plunged by 27 percent during the first quarter (July-September) of the current fiscal year FY15 mainly due to prevailing political uncertainty in the country. Economists said the trend was not surprising, as since the begin

Published 18 Oct, 2014 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

FDI declines by 27 percent

FDI declines by 27 percent

Foreign Direct Investment (FDI) plunged by 27 percent during the first quarter (July-September) of the current fiscal year FY15 mainly due to prevailing political uncertainty in the country. Economists said the trend was not surprising, as since the begin

Published 18 Oct, 2014 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

FDI declines by 27 percent

FDI declines by 27 percent

Foreign Direct Investment (FDI) plunged by 27 percent during the first quarter (July-September) of the current fiscal year FY15 mainly due to prevailing political uncertainty in the country. Economists said the trend was not surprising, as since the begin

Published 18 Oct, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

TV anchor banned by LHC

TV anchor banned by LHC

The Lahore High Court here on Friday issued bailable arrest warrants for president of a private news channel Salman Iqbal, its anchorperson Mubashar Lucman, producer of programme "Khara Sach" and the owner of a defunct 'visa consultancy' firm Asim Malik.

Published 18 Oct, 2014 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

TV anchor banned by LHC

TV anchor banned by LHC

The Lahore High Court here on Friday issued bailable arrest warrants for president of a private news channel Salman Iqbal, its anchorperson Mubashar Lucman, producer of programme "Khara Sach" and the owner of a defunct 'visa consultancy' firm Asim Malik.

Published 18 Oct, 2014 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

DHA''s petition dismissed: SHC allows construction of flyover, underpasses in Clifton

DHA''s petition dismissed: SHC allows construction of flyover, underpasses in Clifton

The Sindh High Court (SHC) on Friday threw out the petition of Defence Housing Authority (DHA) through which it challenged the Sindh Environmental Protection Agency''s environmental impact assessment (EIA) report that accorded its approval to construction

Published 18 Oct, 2014 12:00am

Kerb buying and selling rate of US dollar

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

DHA's petition dismissed: SHC allows construction of flyover, underpasses in Clifton

DHA's petition dismissed: SHC allows construction of flyover, underpasses in Clifton

The Sindh High Court (SHC) on Friday threw out the petition of Defence Housing Authority (DHA) through which it challenged the Sindh Environmental Protection Agency's environmental impact assessment (EIA) report that accorded its approval to construction

Published 18 Oct, 2014 12:00am

THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market on Friday as the rupee improved slightly versus the dollar amid the process of trading, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 102.88 and Rs 102.90 respectiv

Published 18 Oct, 2014 12:00am

DHA's petition dismissed: SHC allows construction of flyover, underpasses in Clifton

DHA's petition dismissed: SHC allows construction of flyover, underpasses in Clifton

The Sindh High Court (SHC) on Friday threw out the petition of Defence Housing Authority (DHA) through which it challenged the Sindh Environmental Protection Agency's environmental impact assessment (EIA) report that accorded its approval to construction

Published 18 Oct, 2014 12:00am

THE RUPEE: stable trend

THE RUPEE: stable trend

Firmness prevailed on the money market on Friday as the rupee improved slightly versus the dollar amid the process of trading, dealers said. The rupee held the overnight levels against the dollar for buying and selling at Rs 102.88 and Rs 102.90 respectiv

Published 18 Oct, 2014 12:00am

Iranian guards, Pakistani soldier killed

Iranian guards, Pakistani soldier killed

Two Iranian border guards and a paramilitary officer were killed in a shooting incident, sources on the two sides said Friday, as Tehran said rebels tried to infiltrate the country. "Several rebels" also died in the fighting Thursday night, Iran's news ag

Published 18 Oct, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

Iranian guards, Pakistani soldier killed

Iranian guards, Pakistani soldier killed

Two Iranian border guards and a paramilitary officer were killed in a shooting incident, sources on the two sides said Friday, as Tehran said rebels tried to infiltrate the country. "Several rebels" also died in the fighting Thursday night, Iran's news ag

Published 18 Oct, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

PPP public meeting today

PPP public meeting today

The stage is set for the Pakistan People's Party (PPP) much hyped October 18 rally to be held at Bagh-e-Jinnah near the Quaid's mausoleum. The convoys of PPP workers are travelling to Karachi from throughout the country to attend a public meeting which wi

Published 18 Oct, 2014 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Friday (October 17, 2014).

Published 18 Oct, 2014 12:00am

PPP public meeting today

PPP public meeting today

The stage is set for the Pakistan People's Party (PPP) much hyped October 18 rally to be held at Bagh-e-Jinnah near the Quaid's mausoleum. The convoys of PPP workers are travelling to Karachi from throughout the country to attend a public meeting which wi

Published 18 Oct, 2014 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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