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Apr 29, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-12-11
Honey, there's a nuclear bomb in the yard

Honey, there's a nuclear bomb in the yard

When a nuclear bomb landed in the Gregg yard in South Carolina in 1958, it left a big crater, killed a few chickens, caused the family minor injuries and wrecked their Chevrolet. Luckily, the device that had fallen out of a B-47 bomber after Captain Bruce
Published 11 Dec, 2014 12:00am
Understanding the US copyright law

Understanding the US copyright law

In order to have a copy right acquisition, there are four requirements namely, fixation1, originality (which includes independent creation and modicum of creativity), copyright subject matter, that is the categories defined in section 102 (a) and the same
Published 11 Dec, 2014 12:00am
VIEW POINT: PML-N must stop killing protesters

VIEW POINT: PML-N must stop killing protesters

It was a deeply distressing sight on TV screens. A gunman firing straight into PTI protesters killing one young activist and injuring at least two others while the police watched as passive bystanders. After the job was done the killer and an accomplice c
Published 11 Dec, 2014 12:00am
Quit if you can't deliver

Quit if you can't deliver

A full bench of the Lahore High Court has asked the federal government point-blank to "sit at home" if it cannot deliver on rapidly deteriorating law and order in the country. 'The government should demonstrate its writ as there would be no place for hidi
Published 11 Dec, 2014 12:00am
Lopsided benefit of subsidies

Lopsided benefit of subsidies

A new report titled "Inequality in South Asia" presented by Martin Rama, the World Bank's Chief Economist of South Asia Region, on the last day of Pakistan Institute of Development Economics (PIDE) conference in Islamabad on 4th December, 2014 has thrown
Published 11 Dec, 2014 12:00am
Implementation of new fares of transport reviewed

Implementation of new fares of transport reviewed

Additional Chief Secretary Punjab Mubashar Raza has said that implementation on new transport fares should be ensured so that fruits of reduction in the prices of petroleum products should reach the common man. He stated this while presiding over a meetin
Published 11 Dec, 2014 12:00am
'Iran ready to cooperate in meeting energy needs'

'Iran ready to cooperate in meeting energy needs'

Iran is ready to cooperate with Pakistan in meeting its energy needs as well as construction of new power houses, Iranian Finance Minister Dr Ali Taeibnia said. During a meeting with Punjab Chief Minister Shahbaz Sharif, here on Wednesday, Iranian ministe
Published 11 Dec, 2014 12:00am
Shahbaz takes notice of MQM leader's murder in Sialkot

Shahbaz takes notice of MQM leader's murder in Sialkot

Punjab Chief Minister Muhammad Shahbaz Sharif has taken strict notice of the murder of an MQM office-bearer, Bao Muhammad Anwar, in Sialkot and sought a report from the DPO of Sialkot as well as issued instructions for immediate arrest of the culprits.
Published 11 Dec, 2014 12:00am
MQM workers protest murder of Bao Anwar

MQM workers protest murder of Bao Anwar

Workers of Muttahida Qaumi Movement in the provincial capital held a protest rally in front of the Lahore Press Club on Wednesday against the murder of MQM office bearer Bao Muhammad Anwar in Sialkot a day earlier. MQM Quaid Altaf Hussain had appealed to
Published 11 Dec, 2014 12:00am
CPSP hailed for providing best education, training

CPSP hailed for providing best education, training

The fellows of College of Physicians and Surgeons Pakistan (CPSP) from Khawaja Muhammad Safdar Medical College, Islam Medical College and CMH, Sialkot had a meeting with Professor Zafarullah Chaudhry, President, CPSP, at Regional Centre, Lahore. Professor
Published 11 Dec, 2014 12:00am
CM suspends SHO, DSP over murder of polio worker

CM suspends SHO, DSP over murder of polio worker

Punjab Chief Minister Shahbaz Sharif has ordered suspension of SHO and DSP concerned over negligence in the incident of killing of a polio worker in Faisalabad whereas explanation of SP concerned has also been called. The Chief Minister directed that the
Published 11 Dec, 2014 12:00am
PPP Punjab condemns murder of Sardar Bhatti

PPP Punjab condemns murder of Sardar Bhatti

The PPP Punjab has condemned the murder of ex-MPA of the PPP Sardar Khalid Saleem Bhatti, and strongly demanded a thorough probe into the incident and arrest of the culprit. The PPP spokesman said that there was a need to ascertain why such kinds of the i
Published 11 Dec, 2014 12:00am
Government losing millions of dollars on import of used cars

Government losing millions of dollars on import of used cars

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Chairman Siddiq Misri has said the government is losing millions of dollars on import of used cars. The Association's chairman in a statement said the dealers abused the "Pers
Published 11 Dec, 2014 12:00am
PFA raids food outlets, shops in Lahore

PFA raids food outlets, shops in Lahore

Punjab Food Authority (PFA) field teams following raids in different parts of the city on Wednesday have sealed numerous food outlets and shops on the charges of working without a license, dirty washing areas and unhygienic conditions. As per details, foo
Published 11 Dec, 2014 12:00am
JCP names new Chief Justice of BHC

JCP names new Chief Justice of BHC

The Judicial Commission of Pakistan (JCP) on Wednesday recommended the name of Justice Muhammad Noor Meskanzai as new Chief Justice of the Balochistan High Court (BHC). The incumbent Chief Justice of the BHC, Justice Ghulam Mustafa Mengal, shall retire on
Published 11 Dec, 2014 12:00am
The Weather

The Weather

The weather report on Wednesday (December 10, 2014) and the forecast for Thursday (December 11, 2014).

Published 11 Dec, 2014 12:00am
IHC dismisses petition challenging new CEC's appointment

IHC dismisses petition challenging new CEC's appointment

The Islamabad High Court (IHC) on Wednesday dismissed a petition challenging the appointment of former Justice Sardar Mohammad Raza Khan as Chief Election Commissioner. A single-member bench headed by Justice Athar Minallah heard the petition filed by Sha
Published 11 Dec, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
PTI's shutdown call: LHC summons CCPO Lahore

PTI's shutdown call: LHC summons CCPO Lahore

A full bench of the Lahore High Court here on Wednesday summoned Lahore Capital CITY Police Officer on Thursday (today) to inform it about the security plan chalked out to maintain law and order situation in Lahore in wake of Pakistan Tehreek Insaf shut d
Published 11 Dec, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Dec, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 11 Dec, 2014 12:00am
Fauji Cement Company Limited

Fauji Cement Company Limited

Incorporated in 1992, Fauji Cement Company ranks as one of the prominent names in the cement industry of Pakistan. The company is headquartered in Rawalpindi and operates cement plants at Jhang Bahtar, Tehsil Fateh Jang, District Attock in the province of
Published 11 Dec, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Fauji Cement Company Limited

Fauji Cement Company Limited

Incorporated in 1992, Fauji Cement Company ranks as one of the prominent names in the cement industry of Pakistan. The company is headquartered in Rawalpindi and operates cement plants at Jhang Bahtar, Tehsil Fateh Jang, District Attock in the province of
Published 11 Dec, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (December 10, 2014) and for Thursday (December 11, 2014).
Published 11 Dec, 2014 12:00am
Treason trial: Dogar, too, challenges verdict

Treason trial: Dogar, too, challenges verdict

Former Chief Justice of Pakistan Abdul Hameed Dogar on Wednesday challenged in the Islamabad High Court (IHC) the verdict issued by a special court on November 21 during the hearing of a treason case against former president General Pervez Musharraf (Retd
Published 11 Dec, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 10, 2014)

Published 11 Dec, 2014 12:00am
BRIndex30 sheds 262.64 points

BRIndex30 sheds 262.64 points

On Wednesday, BRIndex30 opened at 17,745.23 points. It touched an intraday high of 17,787.17 points and an intraday low of 17,461.06 points and closed at 17,482.59 points which was -262.64 points or -1.48 percent lower than previous close. Total volume wa
Published 11 Dec, 2014 12:00am
BRIndex30 sheds 262.64 points

BRIndex30 sheds 262.64 points

On Wednesday, BRIndex30 opened at 17,745.23 points. It touched an intraday high of 17,787.17 points and an intraday low of 17,461.06 points and closed at 17,482.59 points which was -262.64 points or -1.48 percent lower than previous close. Total volume wa
Published 11 Dec, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Oil stocks lead decline

Oil stocks lead decline

Bears dominated the Karachi share market Wednesday and the benchmark KSE-100 index fell below 32,000-level to close at 31,782 points. Ahsan Mehanti, an analyst at Arif Habib Securities, said the equity market closed bearish led by oil scrips after Brent c
Published 11 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Oil stocks lead decline

Oil stocks lead decline

Bears dominated the Karachi share market Wednesday and the benchmark KSE-100 index fell below 32,000-level to close at 31,782 points. Ahsan Mehanti, an analyst at Arif Habib Securities, said the equity market closed bearish led by oil scrips after Brent c
Published 11 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Oil stocks lead decline

Oil stocks lead decline

Bears dominated the Karachi share market Wednesday and the benchmark KSE-100 index fell below 32,000-level to close at 31,782 points. Ahsan Mehanti, an analyst at Arif Habib Securities, said the equity market closed bearish led by oil scrips after Brent c
Published 11 Dec, 2014 12:00am
Over-billing scam: audit firms give clean chit to Discos: minister

Over-billing scam: audit firms give clean chit to Discos: minister

Minister for Water and Power Khawaja Asif said on Wednesday that audit firms in their final report have given clean chit to the power Distribution Companies (Discos) with respect to over-billing, saying that no over-billing had taken place in case of cons
Published 11 Dec, 2014 12:00am
Over-billing scam: audit firms give clean chit to Discos: minister

Over-billing scam: audit firms give clean chit to Discos: minister

Minister for Water and Power Khawaja Asif said on Wednesday that audit firms in their final report have given clean chit to the power Distribution Companies (Discos) with respect to over-billing, saying that no over-billing had taken place in case of cons
Published 11 Dec, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

Firmness prevailed on the money market on Wednesday as the local currency maintained overnight gains in process of trading, dealers said. The rupee gained against the dollar, picking up 6 paisa for buying and selling at Rs 100.94 and Rs 100.98, they said.
Published 11 Dec, 2014 12:00am
Over-billing scam: audit firms give clean chit to Discos: minister

Over-billing scam: audit firms give clean chit to Discos: minister

Minister for Water and Power Khawaja Asif said on Wednesday that audit firms in their final report have given clean chit to the power Distribution Companies (Discos) with respect to over-billing, saying that no over-billing had taken place in case of cons
Published 11 Dec, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

Firmness prevailed on the money market on Wednesday as the local currency maintained overnight gains in process of trading, dealers said. The rupee gained against the dollar, picking up 6 paisa for buying and selling at Rs 100.94 and Rs 100.98, they said.
Published 11 Dec, 2014 12:00am
Payment of GST to Discos: Sindh resents ECC decision

Payment of GST to Discos: Sindh resents ECC decision

The Sindh government has reportedly protested against a decision of Economic Co-ordination Committee (ECC) of the Cabinet regarding the payment of General Sales Tax (GST) to Discos on behalf of farming community, well informed sources told Business Rec
Published 11 Dec, 2014 12:00am
Payment of GST to Discos: Sindh resents ECC decision

Payment of GST to Discos: Sindh resents ECC decision

The Sindh government has reportedly protested against a decision of Economic Co-ordination Committee (ECC) of the Cabinet regarding the payment of General Sales Tax (GST) to Discos on behalf of farming community, well informed sources told Business Rec
Published 11 Dec, 2014 12:00am
Payment of GST to Discos: Sindh resents ECC decision

Payment of GST to Discos: Sindh resents ECC decision

The Sindh government has reportedly protested against a decision of Economic Co-ordination Committee (ECC) of the Cabinet regarding the payment of General Sales Tax (GST) to Discos on behalf of farming community, well informed sources told Business Rec
Published 11 Dec, 2014 12:00am
Imran shows some flexibility

Imran shows some flexibility

The olive branch offered by finance minister Ishaq Dar 24-hour ahead of Pakistan Tehreek-e-Insaf's (PTI) call for a lockdown in Karachi, brought back a smile on gloomy face of Imran Khan who reciprocated the government gesture Wednesday with a demand that
Published 11 Dec, 2014 12:00am
Imran shows some flexibility

Imran shows some flexibility

The olive branch offered by finance minister Ishaq Dar 24-hour ahead of Pakistan Tehreek-e-Insaf's (PTI) call for a lockdown in Karachi, brought back a smile on gloomy face of Imran Khan who reciprocated the government gesture Wednesday with a demand that
Published 11 Dec, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 10, 2014).

Published 11 Dec, 2014 12:00am
Dialogue prospects brighten: We're ready for unconditional talks: Dar

Dialogue prospects brighten: We're ready for unconditional talks: Dar

Federal Finance Minister Ishaq Dar has announced that the government will resume unconditional talks with the Pakistan Tehreek-e-Insaf (PTI), but he maintained that talks will be held within the realm of Constitution and law. He was addressing a press con
Published 11 Dec, 2014 12:00am
Dialogue prospects brighten: We're ready for unconditional talks: Dar

Dialogue prospects brighten: We're ready for unconditional talks: Dar

Federal Finance Minister Ishaq Dar has announced that the government will resume unconditional talks with the Pakistan Tehreek-e-Insaf (PTI), but he maintained that talks will be held within the realm of Constitution and law. He was addressing a press con
Published 11 Dec, 2014 12:00am
Government targets Russia for agriculture exports

Government targets Russia for agriculture exports

Finance Minister Ishaq Dar has asked Ministry of Commerce and Food Security as well as Trade Development Authority of Pakistan to make Russia as a destination for the country''s agricultural exports. Chairing a meeting here on Wednesday, the Finance Minis
Published 11 Dec, 2014 12:00am
Government targets Russia for agriculture exports

Government targets Russia for agriculture exports

Finance Minister Ishaq Dar has asked Ministry of Commerce and Food Security as well as Trade Development Authority of Pakistan to make Russia as a destination for the country's agricultural exports. Chairing a meeting here on Wednesday, the Finance Minist
Published 11 Dec, 2014 12:00am
Government targets Russia for agriculture exports

Government targets Russia for agriculture exports

Finance Minister Ishaq Dar has asked Ministry of Commerce and Food Security as well as Trade Development Authority of Pakistan to make Russia as a destination for the country's agricultural exports. Chairing a meeting here on Wednesday, the Finance Minist
Published 11 Dec, 2014 12:00am
Binding bottleneck distribution, not generation

Binding bottleneck distribution, not generation

State Bank of Pakistan (SBP) said on Wednesday that the more binding bottleneck in the energy sector is distribution, not generation, and without upgrading the existing distribution network, any addition to generation capacity and even the settlement of t
Published 11 Dec, 2014 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 11 Dec, 2014 12:00am
Binding bottleneck distribution, not generation

Binding bottleneck distribution, not generation

State Bank of Pakistan (SBP) said on Wednesday that the more binding bottleneck in the energy sector is distribution, not generation, and without upgrading the existing distribution network, any addition to generation capacity and even the settlement of t
Published 11 Dec, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Dec, 2014 12:00am
Binding bottleneck distribution, not generation

Binding bottleneck distribution, not generation

State Bank of Pakistan (SBP) said on Wednesday that the more binding bottleneck in the energy sector is distribution, not generation, and without upgrading the existing distribution network, any addition to generation capacity and even the settlement of t
Published 11 Dec, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 11 Dec, 2014 12:00am
Inflation to remain in range of 7.5 to 8.5 percent

Inflation to remain in range of 7.5 to 8.5 percent

State Bank of Pakistan (SBP) expects inflation to remain in the range of 7.5 to 8.5 percent during FY15, in line with the government''s target of 8.0 percent. According to SBP''s annual report, the stability in international commodity prices especially oi
Published 11 Dec, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 11 Dec, 2014 12:00am
Inflation to remain in range of 7.5 to 8.5 percent

Inflation to remain in range of 7.5 to 8.5 percent

State Bank of Pakistan (SBP) expects inflation to remain in the range of 7.5 to 8.5 percent during FY15, in line with the government's target of 8.0 percent. According to SBP's annual report, the stability in international commodity prices especially oil
Published 11 Dec, 2014 12:00am
Inflation to remain in range of 7.5 to 8.5 percent

Inflation to remain in range of 7.5 to 8.5 percent

State Bank of Pakistan (SBP) expects inflation to remain in the range of 7.5 to 8.5 percent during FY15, in line with the government's target of 8.0 percent. According to SBP's annual report, the stability in international commodity prices especially oil
Published 11 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 11 Dec, 2014 12:00am
Retail sector, real estate: SBP doubts veracity of official data

Retail sector, real estate: SBP doubts veracity of official data

The State Bank of Pakistan observes that official data is not appropriately capturing the vibrant economic activities in the country e.g., retail sector and real estate, thereby implying that the actual growth was higher than the real GDP increasing by 4.
Published 11 Dec, 2014 12:00am
Retail sector, real estate: SBP doubts veracity of official data

Retail sector, real estate: SBP doubts veracity of official data

The State Bank of Pakistan observes that official data is not appropriately capturing the vibrant economic activities in the country e.g., retail sector and real estate, thereby implying that the actual growth was higher than the real GDP increasing by 4.
Published 11 Dec, 2014 12:00am
Retail sector, real estate: SBP doubts veracity of official data

Retail sector, real estate: SBP doubts veracity of official data

The State Bank of Pakistan observes that official data is not appropriately capturing the vibrant economic activities in the country e.g., retail sector and real estate, thereby implying that the actual growth was higher than the real GDP increasing by 4.
Published 11 Dec, 2014 12:00am
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