News Archives for Print - 2015-02-03

Print - 2015-02-03

Major Rabi crops: rains to have positive impact on agriculture production

The recent rains will have a positive impact on overall agriculture production of major Rabi crops, especially wheat, according to agriculture experts. Dr Aslam Gill, Crop Commissioner, Ministry of National Food Security and Research told Business Reco

Published 03 Feb, 2015 12:00am

India, Philippine get edge: equities outdo regional competitors

January, the first month of CY15, saw Pakistani equities outpacing their regional competitors with a heavy margin. According to an InvestCap report, during the month in review stocks outperformed the MSCI frontier market index by 9.9 percent with 5.8 perc
Published 03 Feb, 2015 12:00am

MCC establishes Rs 33.94 million tax evasion by paint company

Model Customs Collectorate (MCC), Appraisement (East), has established tax evasion of Rs 33.94 million by one of the leading paint companies and its clearing agent, it was learnt on Monday. According to sources, the said paint company imported 34 consignm
Published 03 Feb, 2015 12:00am

Emergency in Sindh no solution to current situation: Sharjeel Memon

Sindh Minister for Information Sharjeel Memon here on Monday said that imposition of emergency in the province can be no solution to the current situation as the entire nation is united against terrorists. While talking to media prior to commencement of p
Published 03 Feb, 2015 12:00am

Partly Facetious: Question over Imran's judgement

"You know power plays need to be carefully thought out."
Published 03 Feb, 2015 12:00am

Mughal Steel set to convert into public limited/listed company

Mughal Iron and Steel Industries Limited received the accolade in the rank of Corporate Social Responsibility (CSR) functions by the National Forum for Environment and Health (NFEH) at the Corporate Social Responsibility Awards 2015.
Published 03 Feb, 2015 12:00am

'Women Entrepreneurs Trade Expo' from tomorrow

Trade Development Authority Pakistan (TDAP) and Women Chamber of Commerce and Industry (WCCI) Peshawar will jointly hold a two-day "Women Entrepreneurs Trade Fair for 2015" from Wednesday (tomorrow), in Peshawar. "The main purpose of this exhibition is to
Published 03 Feb, 2015 12:00am

KP IGP awards police check post incharge

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani Monday awarded Umeed Abad Police Check Post Incharge on arresting robber's gang within two hours and recovering looted booty from them in a ceremony held at CPO. According to deta
Published 03 Feb, 2015 12:00am

Governor assents to the Sindh Condominium Act 2014

Sindh Governor Dr Ishrat-ul-Ebad Khan has assented to the Sindh Condominium Act, 2014. According to a notification issued here on Monday, the Act shall be enforced with immediate effect and shall extend to the whole of the province of Sindh except to the
Published 03 Feb, 2015 12:00am

Diesel-run vehicles: KP transporters cut fares by 6 percent

The transporters' community of Khyber Pakhtunkhwa has agreed on six percent cut in the fares of diesel-run commuters' vehicle of all international provincial and intra-provincial routes in the province. The decision was taken in a meeting convened by Prov
Published 03 Feb, 2015 12:00am

Emerald mine auction: KP Assembly panel voices concern over cancellation

A meeting of the Khyber Pakhtunkhwa Assembly Standing Committee on Department of Minerals was held here with chairman, MPA Sardar Aurangzeb Nalotah in the Conference Room of the provincial assembly here Monday.
Published 03 Feb, 2015 12:00am

KP Governor discusses Fata reforms with Parliamentarians

Khyber Pakhtunkhwa Governor Sardar Mahtab Ahmad Khan had a consultative session with all members of National Assembly and Senators from Federal Administered Tribal Areas to discuss FATA reforms in the context of current situation prevailing in the region
Published 03 Feb, 2015 12:00am

Illegal award of contracts: TOR Mardan held for alleged involvement

National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested accused Abdul Wahid, Tehsil Officer Regulation (TOR) Mardan for alleged involvement in illegal award of contracts for collection of two percent immovable property tax below the reserved pric
Published 03 Feb, 2015 12:00am

Government asked to lift ban on new gas connections

FPCCI President Mian Muhammad Adrees has expressed concern over the moratorium on new gas connections to multi-storey buildings. He was speaking at a meeting with a delegation of ABAD, who visited the FPCCI Head Office, here on Monday.
Published 03 Feb, 2015 12:00am

PTCL's Triple~E Programme for second batch concludes

Pakistan Telecommunication Company Limited's (PTCL) landmark project of developing youths through its Triple~E Programme continued for the third consecutive year. Second batch of the programme concluded successfully where over 400 graduates from all acros
Published 03 Feb, 2015 12:00am

Improving quality of horticulture products: CABI, PARC and PFVA sign MoU for collaboration

The CAB International (CAB), Pakistan Agricultural Research Council (PARC) and All Pakistan Fruit & Vegetable Exporters, Importers and Merchants Association (PFVA) have joined hands to improve the quality and standard of horticulture products in Pakistan
Published 03 Feb, 2015 12:00am

Foundation University Medical College: first professional MBBS results announced

The Foun-dation University has declared the result of First Professional MBBS (Annual) Examinations 2014. Out of 148 candidates who appeared in the examination, 130 were declared successful with a pass percentage of 87.84 percent. Miss Shaher Bano, Roll N
Published 03 Feb, 2015 12:00am

Kashif Mateen elected ICMA Pakistan President

The National Council of Institute of Cost and Management Accountants of Pakistan (ICMAP) in its 325th meeting held on Monday elected Kashif Mateen Ansari, FCMA, as President of ICMA Pakistan for the tenure 2015-2017. Presently Kashif Mateen Ansari is work
Published 03 Feb, 2015 12:00am

Monetary easing helps KSE gain 2,313 points in January

The Consumer Price Index (CPI) inflation nose-dived to, what economic observers say, an 11-year low during January 2015, paving the way for further monetary easing by the State Bank of Pakistan (SBP) in the months ahead. Also, a consistent ease in otherwi
Published 03 Feb, 2015 12:00am

Registration process of seminaries: government's discriminatory attitude blamed for delay

The government is yet to start registration of seminaries across the country, it was learnt. Sources told Business Recorder that immediate registration of seminaries was a significant component of the National Action Plan and the delay is a reflect
Published 03 Feb, 2015 12:00am

Tax evasion: FIR lodged against leading female fashion designer

An FIR has been lodged against a leading female fashion designer of Chaklala Scheme-III, Rawalpindi involved in tax fraud on the complaint of Director General, Intelligence & Investigation (IR) Islamabad.
Published 03 Feb, 2015 12:00am

51 spinning mills facilitated: gang of tax cheats busted

The Directorate of Intelligence & Investigation-Inland Revenue, Faisalabad has busted an organized gang of tax fraudsters in textile sector involved in facilitating 51 spinning mills to avoid sales tax payment on supply of textile products in violation of
Published 03 Feb, 2015 12:00am

Thar affectees: POF to set up two relief camps in Wah Cantt

Keeping in view the miserable condition of Thar affectees, Chairman POF Board Lieutenant General Muhammad Ahsan Mahmood HI (M) directed to set up two relief camps in Wah Cantt for collection of donations for these affectees, says a press release issued he
Published 03 Feb, 2015 12:00am

Appointment of pharmaceutical company owner as CEO DRAP flayed

Chairman, Standing Committee of Senate on Commerce, Senator Haji Ghulam Ali on Monday said that despite opposition by the local pharma industry an owner of a multinational company has been appointed as Chief Executive Officer (CEO) of the Drug Regulatory
Published 03 Feb, 2015 12:00am

SHC issues notices: petition seeking lifetime ban on tainted cricketers filed

The Sindh High Court (SHC) on Monday put the federal law secretary, Pakistan Cricket Board chairman and pace bowler Muhammad Aamir on notice in a petition seeking lifetime ban on Aamir for his role in spot-fixing. Aamir was cleared by the International Cr
Published 03 Feb, 2015 12:00am

LTC notifies reduction in fares of wagons, buses

Lahore Transport Company after reduction in prices of petroleum products has issued a notification of decrease in fares of wagons, minibuses and Non AC buses.
Published 03 Feb, 2015 12:00am

Supporting dictatorship in Muslim states? Enemies of Islam disrupting democratic process: Siraj

Ameer, Jamaat e Islami, Pakistan, Siraj-ul-Haq, has said that the enemies of Islam and Pakistan were creating hurdles in the way of democracy and supporting dictatorship in the Muslim states in order to stop the process of development there.
Published 03 Feb, 2015 12:00am

National Internal Security Policy: opposition senators slam government

The opposition senators in Senate on Monday regretted that the government neither moved an inch ahead over implementation on National Internal Security Policy (NISP) nor it presented it in parliament to have a debate. The government announced NISP in Marc
Published 03 Feb, 2015 12:00am

Population Welfare Department KP: sacked employees warn of sit-in outside Imran's residence

Terminated employees of Population Welfare Department Khyber Pakhtunkhwa on Monday threatened to stage protest sit-in outside Bani Gala residence of PTI chief Imran Khan if they were not restored immediately. Speaking at press conference at Peshawar Press
Published 03 Feb, 2015 12:00am

Awarding tickets for Senate elections: PML-N parliamentary board's meeting rescheduled

The scheduled meeting of Pakistan Muslim League-Nawaz (PML-N) parliamentary board to finalise the party's candidates for the upcoming Senate elections was postponed and now it will be held on Wednesday and Thursday. According to PML-N media office, the me
Published 03 Feb, 2015 12:00am

Drug pricing policy: government urged to take members on-board in evolving process

Pharma Bureau, representative body of Research based Multinational Pharmaceutical Companies while warning the government about the possible drug crisis in near future has urged the government to take the industry representatives onboard in drug pricing po
Published 03 Feb, 2015 12:00am

During five years: FMU forwards 1,060 suspicious transaction reports to LEAs, National Assembly told

The Financial Monitoring Unit (FMU) has forwarded 1,060 suspicious transaction /financial intelligence reports under the Anti Money Laundering Act 2010 to law enforcement agencies during the last five years. In a written reply to a question in the Nationa
Published 03 Feb, 2015 12:00am

Imran's demand for resignation of National Assembly Speaker illegal: Rashid

Imran Khan's demand of resignation of Speaker National Assembly Sardar Ayaz Sadiq is illegal as the speaker's number of votes in NA-122 has increased in the recounting. Federal Minister for Information and Broadcasting Pervaiz Rashid said this on Monday w
Published 03 Feb, 2015 12:00am

IESCO shutdown notice

According to IESCO Spokesman, due to electricity maintenance/development work, Power supply of the following Feeders would remain suspended as under: On 3,5,7 and 9 February 09:00am to 01:00pm, Dhurnakka feeder, on 5 and 15 February 10:00am to 04:00pm, Mo
Published 03 Feb, 2015 12:00am

Second International Deans and Directors Conference from February 10

The National Business Education Accreditation Council (NBEAC) is organising the second two-day International Deans and Directors Conference entitled "Building Bridges and Fostering Collaborations in Business Education" in collaboration with the Higher Edu
Published 03 Feb, 2015 12:00am

Drone strikes: IGP Islamabad summoned

The Islamabad High Court (IHC) on Monday summoned Inspector General Islamabad Police (IG) on February 9 for not registering First Information Report (FIR) against Central Intelligence Agency's (CIA) former station chief Jonathan Banks over the deaths of c
Published 03 Feb, 2015 12:00am

FPCCI chief lauds role of Faisalabad business leaders

Mian Muhammad Adrees, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has said that elections of the FPCCI have paved way to reorganise the business community at national level and hoped that business leaders from Faisalab
Published 03 Feb, 2015 12:00am

Doctors observe strike

Doctors observed a strike across the country on Monday to protest against killings and kidnapping of doctors in Balochistan and Sindh. Leader of Pakistan Medical Association (PMA) Rao Shahid said the strike was observed in all government and private hospi
Published 03 Feb, 2015 12:00am

Impact of leather tanneries on environment: WWF-P, SCCI organise awareness raising seminar

World Wide Fund for Nature-Pakistan (WWF-P) and Sialkot Chamber of Commerce and Industry (SCCI) has organized an awareness raising seminar on the impact of leather tanneries on environment at Sialkot, which was attended by local traders, industrialists an
Published 03 Feb, 2015 12:00am

World Bank Country Director meets Punjab chief minister

Country Director of the World Bank in Pakistan Rachid Benmessaoud called on Punjab Chief Minister Shahbaz Sharif here Monday. Ongoing projects in various sectors including energy with the co-operation of World Bank were discussed in the meeting. Speaking
Published 03 Feb, 2015 12:00am

Railways sell-off: no proposal under consideration: Saad

Pakistan Railways Minister Khawaja Saad Rafique has said that no proposal of privatisation of railways is under consideration and process of bringing the organisation out of loss is in progress. Revolutionary changes are being brought in the cargo sector
Published 03 Feb, 2015 12:00am

Quality, productivity enhancement of auto parts: JICA-SMEDA to begin technical support programme

Japan International Co-operation Agency (JICA) in collaboration with the Small and Medium Enterprises Development Authority (SMEDA) is going to start a four year technical support programme for quality and productivity enhancement of the Auto Parts Manufa
Published 03 Feb, 2015 12:00am

'Quality education can eradicate terrorism, unemployment'

Provincial Minister for Excise & Taxation and Finance Mujtaba Shujaur Rehman has said that terrorism and unemployment can be eradicated through promotion of quality education. While addressing the delegation of youth, he said that 274 billion rupees will
Published 03 Feb, 2015 12:00am

Kissan Conference held: government urged to frame pro-agri policies soon

Different farmers' bodies at Kissan Conference organized by the Pakistan Mutthida Kissan Mahaz (PMKM) here on Monday have urged the government to frame pro-agriculture policies immediately. The farmers' leaders also urged government to start construction
Published 03 Feb, 2015 12:00am

Price cut of POL products: benefits should be passed on to masses directly: Shahbaz

Punjab Chief Minister Shahbaz Sharif said that the benefits of record decrease in the prices of petroleum products should be transferred to the masses directly and concerned ministers and departments should play their role in this regard. "There should no
Published 03 Feb, 2015 12:00am

Hindko Naatia Mushaira held at PPC

The Gandhara Hindko Board and Peshawar Press Club (PPC) joined hands to arrange a Hindko Naatia Mushaira. Syed Anwar Shah Qadri presided over the event. Noted Hindko poet, writer and research scholar Muhammad Ziauddin Siddiqui and Sikanadar Hayat Sikanada
Published 03 Feb, 2015 12:00am

FNF launches 'Kidney Dialysis Lounge'

With a view to raising awareness regarding risk factors and helping kidney patients to take care of themselves FRESH Nursing Facility (FNF) has launched its Kidney Dialysis Lounge. This lounge is an innovative and creative idea, as FNF facilities include
Published 03 Feb, 2015 12:00am

Imported artificial leathers' consignments: LCCI urges minister to stop FBR from conducting raids

The Lahore Chamber of Commerce and Industry (LCCI) has appealed to the Federal Finance Minister to stop Intelligence Units of the Federal Board of Revenue (FBR) and anti-smuggling officials from conducting raids at the imported artificial leathers' consig
Published 03 Feb, 2015 12:00am

Measles campaign to run in Punjab till February 9

The Punjab government has launched 15-day special campaign on measles successfully, which would continue till February 9. The district administration was monitoring the vaccination campaign and teams are submitting their reports of performance on daily ba
Published 03 Feb, 2015 12:00am

Wi-tribe announces to donate five percent of customer's bill to SKMH

Wi-tribe - one of the leading internet service provider in Pakistan has announced that with the assistance from their customers they will be making a sizeable donation (five percent of customer's bill) to Shoukat Khanam Memorial Hospital. It is estimated
Published 03 Feb, 2015 12:00am

Doctors slam targeted killings, boycott OPDs

The city's doctor community on Monday boycotted out-patient departments (OPDs) in all major public sector and private hospitals to protest against the rising incidents of targeted killings of doctors and extortion of money from them. The protest call was
Published 03 Feb, 2015 12:00am

Six employees of private firm kidnapped in Pasni

Unknown armed abducted six employees of a private company in Pasni area of Gwadar on Monday. Levies Force said that armed men riding vehicle attacked the camp of a private company in Shadi Core Dam project area and kidnapped six of its employees on gunpoi
Published 03 Feb, 2015 12:00am

Babar laments appointment of non-cadre officers

Senator Farhatullah Babar on Monday said that appointment of non-cadre officers against cadre posts has given birth to resentment in the entire cadre especially in civil bureaucracy that needs to be given an end. Speaking on a motion on civil service refo
Published 03 Feb, 2015 12:00am

Azizabadi made in-charge of MQM Rabita Committee

Muttahida Qaumi Movement on Monday appointed Mustafa Azizabadi as in-charge of its Co-ordination Committee. The decision was taken in a joint meeting MQM Co-ordination Committees of London and Karachi. In a statement issued here, it said that the Committe
Published 03 Feb, 2015 12:00am

PML-N government severely criticised over its apathy: National Assembly condemns Shikarpur carnage

The National Assembly on Monday unanimously passed a resolution condemning the cowardly suicide blast during the Juma prayer in Shikarpur in which over 60 people were martyred. The Pakistan Muslim League-Nawaz (PML-N) government warned that more terrorism
Published 03 Feb, 2015 12:00am

Profit rates of National Savings cut

The Central Directorate of National Savings has revised profit rates for different savings schemes from February 1, 2015. In this regard, Central Directorate of National Savings has updated profit rates on its website.
Published 03 Feb, 2015 12:00am

Minister says no shortage of petrol in Punjab

Punjab Minister for Food Bilal Yasin has said that petrol was available in abundance and there was no shortage of it anywhere in Punjab. Addressing a meeting here on Monday, he said the new transport fares will be implemented strictly.
Published 03 Feb, 2015 12:00am

Chinese team visits UMT

A delegation from China visited the University of Management and Technology Lahore here on Friday. The delegation included Miss Jiang Li (Secretary General of Jiangsu Chamber and president of Huawen College, Quingdao), Alex pan (Chairman Association off a
Published 03 Feb, 2015 12:00am

Bilour announces reward

Haji Ghulam Ahmed Bilour of Awami National Party (ANP) on Monday announced a $200,000 reward for the person who will assassinate the owner of French magazine Charlie Hebdo for publishing blasphemous caricatures. He made this announcement while speaking on
Published 03 Feb, 2015 12:00am

KMC's development works: Sindh government accused of favouritism in awarding contracts

Sindh government is allegedly involved in granting contracts of Karachi Metropolitan Corporation's (KMC) various development projects to its favourite people through its works and services department, it emerged on Monday. Terming such an act on behalf of
Published 03 Feb, 2015 12:00am

A 'muted' rejoinder

The Ministry of Finance has issued a lacklustre rejoinder (January 28) to my article entitled "Economic Woes" (January 21). The rejoinder simply narrated the government side of the economic story which are well-known to the readers. From the government's
Published 03 Feb, 2015 12:00am

Declaring exports a national priority

Quoting well-placed official sources, a Business Recorder news item claimed yesterday that the federal government has reportedly decided to declare exports as a 'national priority' and harmonise all policies to take country's exports to $50 billion
Published 03 Feb, 2015 12:00am

Nato sees resilience as key issue in AWACS replacement

Resilience, innovation and advances in technology will be key factors as Nato maps out a multibillion-dollar effort to replace its aging fleet of 17 Boeing Co E-3 Sentry Airborne Warning and Control System (AWACS) aircraft, a top Nato official told Reuter
Published 03 Feb, 2015 12:00am

Greece shakes Europe's political kaleidoscope - expect the unexpected

By catapulting to power an improbable alliance of the hard left and nationalist far right, Greece has shaken up Europe's political kaleidoscope and may have signalled the end of an era of centrist consensus. With eight general elections due in the Europea
Published 03 Feb, 2015 12:00am

Mark-up spreads

Last week, the Governor State Bank of Pakistan (SBP) addressed the presidents and senior executives of commercial banks and DFIs on a variety of policy, administrative, and operational issues that require greater focus of the banks. Such reminders are nec
Published 03 Feb, 2015 12:00am

IS may awaken Japan from pacifist slumber

If Japan's military policy in its present form was good enough to address the challenges of the 21st century the arguments for and against were almost balanced - until this week. Under the constitution, written by the United States some 60 years back, the
Published 03 Feb, 2015 12:00am

Export boost needs a helping hand

According to a Business Recorder exclusive, the federal government has decided to declare exports a national priority with the Federal Commerce Minister Khurram Dastgir highlighting the structural issues facing the country's exporters in a presenta
Published 03 Feb, 2015 12:00am

The Weather

The weather report on Monday (February 03, 2015) and the forecast for Tuesday (February 03, 2015).

Published 03 Feb, 2015 12:00am

MoPNR releases data: higher demand of petroleum, HSD witnessed

With major reduction in petroleum products prices, the sale of petrol on February 1, 2015, has reached 33,000 tons against normal sale of 12,500 tons; whereas that of High Speed Diesel (HSD) has touched 46,000 tons from 20,000 tons, data released by the M
Published 03 Feb, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Violence against women: Pakistan calls for ending impunity

At the United Nations, Pakistan has underscored the need for ending impunity for perpetrators involved in violence against women during conflicts. Pakistan's permanent envoy Masood Khan took part in a debate on protection of civilians in armed conflicts a
Published 03 Feb, 2015 12:00am

LME official prices

The following were Friday official prices.

Published 03 Feb, 2015 12:00am

UN peacekeeping operations team meets Sartaj

Jose Ramos-Horta, Chair of the UN High Level Independent Panel on Peace Operations, met the Adviser to the Prime Minister on National Security and Foreign Affairs, Sartaj Aziz, here on Monday. Horta, accompanied by two other members of the Panel, Ameerah
Published 03 Feb, 2015 12:00am

LME official prices

The following were Friday official prices.

Published 03 Feb, 2015 12:00am

Least favourable non-European countries: Pakistan ranked fourth in top five for Britons: survey

Pakistan has been ranked fourth in the top five of the least favourable non-European countries for British citizens, according to a survey conducted by think-tank Chatnam House on public attitudes towards other countries, The Independent newspaper said.
Published 03 Feb, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Setting up of Counter Terrorism Force lauded

Prime Minister Nawaz Sharif has congratulated Punjab Chief Minister Shahbaz Sharif as well as political and administrative team of the province on the setting up of Counter Terrorism Force. According to an official here on Monday, he said the Punjab gover
Published 03 Feb, 2015 12:00am

Poultry Rates

Wholesale poultry rates on Monday (February 03, 2015) and for Tuesday (February 03, 2015).
Published 03 Feb, 2015 12:00am

Key details of public sector enterprises (PSE) reform projects

Key details of public sector enterprises (PSE) reform projects.

Published 03 Feb, 2015 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Key details of public sector enterprises (PSE) reform projects

Key details of public sector enterprises (PSE) reform projects.

Published 03 Feb, 2015 12:00am

Yarn Prices
Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Calls for louder global 'voice' as China, India, Russia meet

Chinese President Xi Jinping on Monday hailed his country's relations with India and Russia during meetings that heard calls for developing economies to have more say on the global stage, rivalling US influence. The twin visits by New Delhi's foreign mini
Published 03 Feb, 2015 12:00am

Yarn Prices
Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

CPI inflation up 3.88 percent YoY

The Consumer Price Index (CPI) inflation increased by 3.88 percent during January 2015 over January 2014, which is the lowest percentage of inflation recorded after the revision of base year in 2007-2008, Pakistan Bureau of Statistics (PBS) revealed. PBS
Published 03 Feb, 2015 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 03, 2015)

Published 03 Feb, 2015 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Joint military parade on March 23

A joint military parade of Pakistan's armed forces will take place on Pakistan Day, 23rd March, after a gap of seven years. "The decision has been made to hold a joint military services parade on March 23," a top military source told a private TV channel
Published 03 Feb, 2015 12:00am

Grain market rates

Karachi grain market rates in rupees on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (February 03, 2015).

Published 03 Feb, 2015 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / May 24

2278.33

USD PKR Interbank Buying / May 24

278.13

USD to Japanese Yen / May 24

156.99

USD to Swiss Franc / May 24

0.91

Pound Sterling to USD / May 24

1.27

Euro to USD / May 24

1.08

Stock Volume

S&P 500 / May 24

5304.72

India Sensex / May 24

74410.39

Tokyo Nikkei / May 24

38646.11

Nasdaq / May 24

16920.80

Hang Seng / May 24

18608.94

FTSE 100 / May 24

8317.59

Dow Jones / May 24

39069.59

Germany DAX 30 / May 24

18693.37

Item Value

Crude Oil USD/Barrel / May 24

77.72

Karachi Cotton PKR/37.32 KG / May 24

19935

Gold 10 Grams PKR / May 24

205933

Gold Spot USD/Ounce / May 24

2333.83

Cotton US¢/pound / May 24

80.52

Petrol/Litre / May 26

273.10

Gainers
Losers
Leaders

Stock Price

786 Invest Ltd / May 26

786 Investments Limited(786)

5

▼ 0.00 (0.00%)

AL-Abbas Sugar / May 26

Al-Abbas Sugar Mills Limited(AABS)

585

▼ 0.00 (0.00%)

Agro Allianz / May 26

Agro Allianz Limited(AAL)

16

▼ 0.00 (0.00%)

AL-Abid Silk / May 26

Al-Abid Silk Mills Limited(AASM)

3.49

▼ 0.00 (0.00%)

Ali Asghar / May 26

Ali Asghar Textile Mills Limited(AATM)

2.07

▼ 0.00 (0.00%)

Allied Bank / May 26

Allied Bank Limited(ABL)

87.10

▼ 0.00 (0.00%)

Abbott Lab. / May 26

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▼ 0.00 (0.00%)

Abson Ind. / May 26

Abson Industries Limited(ABSON)

2.50

▼ 0.00 (0.00%)

Alfalah ETF. / May 26

Alfalah Consumer Index ETF.(ACIETF)

9.84

▼ 0.00 (0.00%)

Stock Price

786 Invest Ltd / May 26

786 Investments Limited(786)

5

▲ 0.00 (0.00%)

AL-Abbas Sugar / May 26

Al-Abbas Sugar Mills Limited(AABS)

585

▲ 0.00 (0.00%)

Agro Allianz / May 26

Agro Allianz Limited(AAL)

16

▲ 0.00 (0.00%)

AL-Abid Silk / May 26

Al-Abid Silk Mills Limited(AASM)

3.49

▲ 0.00 (0.00%)

Ali Asghar / May 26

Ali Asghar Textile Mills Limited(AATM)

2.07

▲ 0.00 (0.00%)

Allied Bank / May 26

Allied Bank Limited(ABL)

87.10

▲ 0.00 (0.00%)

Abbott Lab. / May 26

Abbott Laboratories (Pakistan) Limited(ABOT)

499.34

▲ 0.00 (0.00%)

Abson Ind. / May 26

Abson Industries Limited(ABSON)

2.50

▲ 0.00 (0.00%)

Alfalah ETF. / May 26

Alfalah Consumer Index ETF.(ACIETF)

9.84

▲ 0.00 (0.00%)

Stock Volume

P.I.A.C.(A) / May 26

Pakistan International Airlines Corp(PIAA)

47,200,500

▲ 0.00

Cnergyico PK / May 26

Cnergyico PK Limited(CNERGY)

29,719,327

▲ 0.00

Pak Petroleum / May 26

Pakistan Petroleum Limited(PPL)

21,170,581

▲ 0.00

Pak Refinery / May 26

Pakistan Refinery Limited(PRL)

16,965,134

▲ 0.00

The Searle Co. / May 26

The Searle Company Limited(SEARL)

15,793,227

▲ 0.00

P.T.C.L. / May 26

Pakistan Telecommunication Company Ltd(PTC)

15,054,641

▲ 0.00

K-Electric Ltd. / May 26

K-Electric Limited(KEL)

14,145,556

▲ 0.00

WorldCall Telecom / May 26

Worldcall Telecom Limited(WTL)

13,158,668

▲ 0.00

Telecard Limited / May 26

Telecard Limited(TELE)

12,358,668

▲ 0.00

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The solar net metering debate

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Country borrows $7.142bn during Jul-Apr

K-Electric seeks Rs10.69/unit hike in base tariff for 7 years

IMF, Pakistan make ‘significant progress’ towards staff-level agreement, lender says

Net-metering: turning up the heat on Pakistani people instead of IPPs

NJLI Sarmaya Growth Fund Rates

Many zero-rated items: FBR proposes standard rate of 18pc sales tax

UAE allocates $10bn for investment in Pakistan’s ‘promising economic sectors’

Gold price per tola falls Rs1,800 in Pakistan

Rupee marginally gains against US dollar

14-seater sightseeing bus: 30pc duty on electric vehicle import imposed

Properties of Pakistanis in Dubai

NJLI Sarmaya Growth Fund Rates

Net-metering: turning up the heat on Pakistani people instead of IPPs

Properties of Pakistanis in Dubai

Bidding process for PIA to be aired live: Aleem

No super tax payable on income falling under FTR: Karachi ATIR

IMF, Pakistan make ‘significant progress’ towards staff-level agreement, lender says

FBR to issue uniform tax recovery rules in budget

Karachi ranked 918th out of 1,000 in Oxford Economics’ Global Cities Index

UAE allocates $10bn for investment in Pakistan’s ‘promising economic sectors’

Currency	Rate
USD PKR Interbank Selling / May 24	2278.33
USD PKR Interbank Buying / May 24	278.13
USD to Japanese Yen / May 24	156.99
USD to Swiss Franc / May 24	0.91
Pound Sterling to USD / May 24	1.27
Euro to USD / May 24	1.08

Stock	Volume
S&P 500 / May 24	5304.72
India Sensex / May 24	74410.39
Tokyo Nikkei / May 24	38646.11
Nasdaq / May 24	16920.80
Hang Seng / May 24	18608.94
FTSE 100 / May 24	8317.59
Dow Jones / May 24	39069.59
Germany DAX 30 / May 24	18693.37

Item	Value
Crude Oil USD/Barrel / May 24	77.72
Karachi Cotton PKR/37.32 KG / May 24	19935
Gold 10 Grams PKR / May 24	205933
Gold Spot USD/Ounce / May 24	2333.83
Cotton US¢/pound / May 24	80.52
Petrol/Litre / May 26	273.10

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00