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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-06-06
LSE index loses 22.26 points

LSE index loses 22.26 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Friday and the equities stayed in green zone amid marginally decreased trading turnover. The LSE-25 index lost 22.26 points and ended at 5790.49 against 5812.75 of Thursday while transaction volum
Published 06 Jun, 2015 12:00am
LSE index loses 22.26 points

LSE index loses 22.26 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Friday and the equities stayed in green zone amid marginally decreased trading turnover. The LSE-25 index lost 22.26 points and ended at 5790.49 against 5812.75 of Thursday while transaction volum
Published 06 Jun, 2015 12:00am
BRIndex30 sheds 0.52 points

BRIndex30 sheds 0.52 points

On Friday, BRIndex30 opened at 20,102.65 points. It touched an intraday high of 20,149.58 and an intraday low of 20,049.08 points and closed at 20,102.13 points which was -0.52 points or zero percent lower than previous close. Total volume was 175,999,700
Published 06 Jun, 2015 12:00am
BRIndex30 sheds 0.52 points

BRIndex30 sheds 0.52 points

On Friday, BRIndex30 opened at 20,102.65 points. It touched an intraday high of 20,149.58 and an intraday low of 20,049.08 points and closed at 20,102.13 points which was -0.52 points or zero percent lower than previous close. Total volume was 175,999,700
Published 06 Jun, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (June 05, 2015).

Published 06 Jun, 2015 12:00am
Stocks end weaker

Stocks end weaker

Stocks ended weaker as the risk-averse investors remained cautious Friday after Finance Minster Ishaq Dar unveiled over Rs 4 trillion budget for financial year 2015-16. As a market observer put it, the pre-budget uncertainty trimmed the KSE-100 index by 7
Published 06 Jun, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (June 05, 2015).
Published 06 Jun, 2015 12:00am
Stocks end weaker

Stocks end weaker

Stocks ended weaker as the risk-averse investors remained cautious Friday after Finance Minster Ishaq Dar unveiled over Rs 4 trillion budget for financial year 2015-16. As a market observer put it, the pre-budget uncertainty trimmed the KSE-100 index by 7
Published 06 Jun, 2015 12:00am
Stocks end weaker

Stocks end weaker

Stocks ended weaker as the risk-averse investors remained cautious Friday after Finance Minster Ishaq Dar unveiled over Rs 4 trillion budget for financial year 2015-16. As a market observer put it, the pre-budget uncertainty trimmed the KSE-100 index by 7
Published 06 Jun, 2015 12:00am
Subsidies slashed by over 32 percent

Subsidies slashed by over 32 percent

Federal government has slashed subsidies by over 32 per cent to Rs 137.603 billion for 2015 -16 from Rs 203.248 billion allocated in 2014-15 in accordance with an understanding between the Finance Minister and International Monetary Fund(IMF). According t
Published 06 Jun, 2015 12:00am
Subsidies slashed by over 32 percent

Subsidies slashed by over 32 percent

Federal government has slashed subsidies by over 32 per cent to Rs 137.603 billion for 2015 -16 from Rs 203.248 billion allocated in 2014-15 in accordance with an understanding between the Finance Minister and International Monetary Fund(IMF). According t
Published 06 Jun, 2015 12:00am
Subsidies slashed by over 32 percent

Subsidies slashed by over 32 percent

Federal government has slashed subsidies by over 32 per cent to Rs 137.603 billion for 2015 -16 from Rs 203.248 billion allocated in 2014-15 in accordance with an understanding between the Finance Minister and International Monetary Fund(IMF). According t
Published 06 Jun, 2015 12:00am
Subsidies slashed by over 32 percent

Subsidies slashed by over 32 percent

Federal government has slashed subsidies by over 32 per cent to Rs 137.603 billion for 2015 -16 from Rs 203.248 billion allocated in 2014-15 in accordance with an understanding between the Finance Minister and International Monetary Fund(IMF). According t
Published 06 Jun, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (June 05, 2015).

Published 06 Jun, 2015 12:00am
Subsidies slashed by over 32 percent

Subsidies slashed by over 32 percent

Federal government has slashed subsidies by over 32 per cent to Rs 137.603 billion for 2015 -16 from Rs 203.248 billion allocated in 2014-15 in accordance with an understanding between the Finance Minister and International Monetary Fund(IMF). According t
Published 06 Jun, 2015 12:00am
Rs 3.1 trillion revenue target set

Rs 3.1 trillion revenue target set

The government has set a Rs 3103.7 billion revenue collection target for 2015-16 against the downward revised target of Rs 2605 billion in 2014-15, reflecting a growth of over 16 percent. According to the break-up of tax projections for 2015-16, direct ta
Published 06 Jun, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (June 05, 2015).

Published 06 Jun, 2015 12:00am
Rs 3.1 trillion revenue target set

Rs 3.1 trillion revenue target set

The government has set a Rs 3103.7 billion revenue collection target for 2015-16 against the downward revised target of Rs 2605 billion in 2014-15, reflecting a growth of over 16 percent. According to the break-up of tax projections for 2015-16, direct ta
Published 06 Jun, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 06 Jun, 2015 12:00am
Rs 3.1 trillion revenue target set

Rs 3.1 trillion revenue target set

The government has set a Rs 3103.7 billion revenue collection target for 2015-16 against the downward revised target of Rs 2605 billion in 2014-15, reflecting a growth of over 16 percent. According to the break-up of tax projections for 2015-16, direct ta
Published 06 Jun, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 06 Jun, 2015 12:00am
Rs 3.1 trillion revenue target set

Rs 3.1 trillion revenue target set

The government has set a Rs 3103.7 billion revenue collection target for 2015-16 against the downward revised target of Rs 2605 billion in 2014-15, reflecting a growth of over 16 percent. According to the break-up of tax projections for 2015-16, direct ta
Published 06 Jun, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Jun, 2015 12:00am
Rs 3.1 trillion revenue target set

Rs 3.1 trillion revenue target set

The government has set a Rs 3103.7 billion revenue collection target for 2015-16 against the downward revised target of Rs 2605 billion in 2014-15, reflecting a growth of over 16 percent. According to the break-up of tax projections for 2015-16, direct ta
Published 06 Jun, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Jun, 2015 12:00am
''''''''Super tax'''''''' introduced

''''''''Super tax'''''''' introduced

In order to generate Rs 24 billion extra revenue, the government has introduced Super Tax on rich individuals, association of persons (AOPs) and companies earning income above Rs 500 million in tax year 2015 at rate of 4 percent of income of banking compa
Published 06 Jun, 2015 12:00am
''''Super tax'''' introduced

''''Super tax'''' introduced

In order to generate Rs 24 billion extra revenue, the government has introduced Super Tax on rich individuals, association of persons (AOPs) and companies earning income above Rs 500 million in tax year 2015 at rate of 4 percent of income of banking compa
Published 06 Jun, 2015 12:00am
What the bidding tells us

What the bidding tells us

Reading opponents cards is not exclusively the domain of the experts. You and I can also venture to do the same with some success only if we keep our thinking cap on and stay focused to what the bidding of play of the opponent's cards tells. Every now and
Published 06 Jun, 2015 12:00am
''Super tax'' introduced

''Super tax'' introduced

In order to generate Rs 24 billion extra revenue, the government has introduced Super Tax on rich individuals, association of persons (AOPs) and companies earning income above Rs 500 million in tax year 2015 at rate of 4 percent of income of banking compa
Published 06 Jun, 2015 12:00am
Fassbender, Cotillard in 'Macbeth'

Fassbender, Cotillard in 'Macbeth'

A version of "Macbeth" starring a "dream team" of Michael Fassbender and Marion Cotillard closed the Cannes Film Festival, with many critics swooning for the visceral blood-and-betrayal movie. Directed by an Australian, Justin Kurzel, and shot on location
Published 06 Jun, 2015 12:00am
'Super tax' introduced

'Super tax' introduced

In order to generate Rs 24 billion extra revenue, the government has introduced Super Tax on rich individuals, association of persons (AOPs) and companies earning income above Rs 500 million in tax year 2015 at rate of 4 percent of income of banking compa
Published 06 Jun, 2015 12:00am
Irrfan Khan urges Hollywood to adopt Bollywood culture

Irrfan Khan urges Hollywood to adopt Bollywood culture

Indian movie star Irrfan Khan, lauded for his roles in "The Lunchbox" and "Life of Pi", has urged Hollywood directors to adopt Bollywood's love of flamboyant song-and-dance routines.
Published 06 Jun, 2015 12:00am
'Super tax' introduced

'Super tax' introduced

In order to generate Rs 24 billion extra revenue, the government has introduced Super Tax on rich individuals, association of persons (AOPs) and companies earning income above Rs 500 million in tax year 2015 at rate of 4 percent of income of banking compa
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''''''''further tax'''''''' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''''further tax'''' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increa
Published 06 Jun, 2015 12:00am
Changing phone numbers can create Whatsapp confusion

Changing phone numbers can create Whatsapp confusion

If contacts are popping up in your Whatsapp address book where they shouldn't be, take caution. It might be a glitch that surfaces when an acquaintance gives up a phone number that is then taken up by a third party. Given that more than 700 million smartp
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''further tax'' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase i
Published 06 Jun, 2015 12:00am
Wearables fight back as Apple Watch raises bar

Wearables fight back as Apple Watch raises bar

The Apple Watch raised the bar for wearable technology when it launched in April, but smaller brands are seeking their own niche in the battle for wrist space.
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of 'further tax' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase in
Published 06 Jun, 2015 12:00am
New privacy app takes a page from NSA technology

New privacy app takes a page from NSA technology

Before the National Security Agency began complaining about being shut out of encrypted devices, it helped develop software for secure communications that could be adapted by the private sector. That technology is hitting the public this month in the form
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of 'further tax' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase in
Published 06 Jun, 2015 12:00am
Technology replaces schmoozing: the future of private banking

Technology replaces schmoozing: the future of private banking

No longer is schmoozing over long lunches and fine wines enough; Swiss private bankers are turning to video games and virtual reality to attract a new generation of skeptical clients and see off digital rivals. Technology is likely to appeal to multi-task
Published 06 Jun, 2015 12:00am
It''''''''s OK but no game- changer

It''''''''s OK but no game- changer

The federal budget for the next fiscal year announced by Finance Minister Ishaq Dar provides incentives to real estate investment, agriculture/manufacturing sectors as well as business community with enhanced rates of withholding taxes on non-filers of re
Published 06 Jun, 2015 12:00am
Athletes are stuck on colourful kinesio tape
Cotton

Athletes are stuck on colourful kinesio tape

Many professional athletes are plastered these days. Not surprisingly, run-of-the-mill joggers and fitness buffs have followed suit and kinesiology tapes are a common sight in European parks. Here an arm or leg, there a foot or shoulder, or perhaps on the
Published 06 Jun, 2015 12:00am
It''''s OK but no game- changer

It''''s OK but no game- changer

The federal budget for the next fiscal year announced by Finance Minister Ishaq Dar provides incentives to real estate investment, agriculture/manufacturing sectors as well as business community with enhanced rates of withholding taxes on non-filers of re
Published 06 Jun, 2015 12:00am
Help the environment

Help the environment

World Environment Day (WED) celebrated on 5 June to raise awareness on the effects of harmful human activities on our environment. The theme of the WED 2015 was "Seven Billion Dreams, One Planet, Consume with Care" and this can be achieved by "sustainable
Published 06 Jun, 2015 12:00am
It''s OK but no game- changer

It''s OK but no game- changer

The federal budget for the next fiscal year announced by Finance Minister Ishaq Dar provides incentives to real estate investment, agriculture/manufacturing sectors as well as business community with enhanced rates of withholding taxes on non-filers of re
Published 06 Jun, 2015 12:00am
ART FACTS: A recollection in tranquility

ART FACTS: A recollection in tranquility

With the blend of realism and modernism Salman Farooqi harmonizes his paintings with layers of colours, symbolic cubic forms and extended shadows. And the synthesis is an innovative style which gained him acclaim in the art world and also among his contem
Published 06 Jun, 2015 12:00am
It's OK but no game- changer

It's OK but no game- changer

The federal budget for the next fiscal year announced by Finance Minister Ishaq Dar provides incentives to real estate investment, agriculture/manufacturing sectors as well as business community with enhanced rates of withholding taxes on non-filers of re
Published 06 Jun, 2015 12:00am
Globalization, Governance and Growth

Globalization, Governance and Growth

"I never met anybody who said when they were a kid, I wanna grow up and be a critic." Richard Pryor. A perspicacious remark, if there ever was one; even this particular invidious endeavor was not undertaken willingly; columnists hardly have the leverage t
Published 06 Jun, 2015 12:00am
It's OK but no game- changer

It's OK but no game- changer

The federal budget for the next fiscal year announced by Finance Minister Ishaq Dar provides incentives to real estate investment, agriculture/manufacturing sectors as well as business community with enhanced rates of withholding taxes on non-filers of re
Published 06 Jun, 2015 12:00am
Karachi Chronicle: From Uncle Sargam to 3-Bahadur

Karachi Chronicle: From Uncle Sargam to 3-Bahadur

Oscar-winner Sharmeen Obaid Chinoy's latest venture is "3 Bahadur", Pakistan's first full-length ani mated film about three kids who defy the odds and fight evil with the help of their superpowers. The film has revived audio-visual entertainment for chil
Published 06 Jun, 2015 12:00am
Some stabilization achieved
Currency

Some stabilization achieved

The first half of Ishaq Dar''''''''s long budget speech was to claim "I am the best", and the rest was to assure that right steps are taken to enhance growth and improve fiscal operations. The blame of all the poor performance went to the unanticipated or
Published 06 Jun, 2015 12:00am
FINANCE BILL 2015
Currency

FINANCE BILL 2015

A BILL: to give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2015, and to amend certain laws: WHEREAS it is expedient to make provisions to give effect to the financial proposals of th
Published 06 Jun, 2015 12:00am
Some stabilization achieved
Currency

Some stabilization achieved

The first half of Ishaq Dar''''s long budget speech was to claim "I am the best", and the rest was to assure that right steps are taken to enhance growth and improve fiscal operations. The blame of all the poor performance went to the unanticipated or exo
Published 06 Jun, 2015 12:00am
FINANCE BILL 2015
Currency

FINANCE BILL 2015

A BILL: to give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2015, and to amend certain laws: WHEREAS it is expedient to make provisions to give effect to the financial proposals of th
Published 06 Jun, 2015 12:00am
Some stabilization achieved
Currency

Some stabilization achieved

The first half of Ishaq Dar''s long budget speech was to claim "I am the best", and the rest was to assure that right steps are taken to enhance growth and improve fiscal operations. The blame of all the poor performance went to the unanticipated or exoge
Published 06 Jun, 2015 12:00am
FINANCE BILL 2015
Currency

FINANCE BILL 2015

A BILL: to give effect to the financial proposals of the Federal Government for the year beginning on the first day of July, 2015, and to amend certain laws: WHEREAS it is expedient to make provisions to give effect to the financial proposals of th
Published 06 Jun, 2015 12:00am
Some stabilization achieved
Currency

Some stabilization achieved

The first half of Ishaq Dar's long budget speech was to claim "I am the best", and the rest was to assure that right steps are taken to enhance growth and improve fiscal operations. The blame of all the poor performance went to the unanticipated or exogen
Published 06 Jun, 2015 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

On Thursday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 2.434 billion. The number of lots traded was 14,884. PMEX Commodity Index closed at 2,731. Major business was contributed by crude oil amounting to PKR 1.485 billion. This was followe
Published 06 Jun, 2015 12:00am
Some stabilization achieved
Currency

Some stabilization achieved

The first half of Ishaq Dar's long budget speech was to claim "I am the best", and the rest was to assure that right steps are taken to enhance growth and improve fiscal operations. The blame of all the poor performance went to the unanticipated or exogen
Published 06 Jun, 2015 12:00am
Canadian canola futures rise

Canadian canola futures rise

ICE Canadian canola futures rose on Thursday to an 11-month high, lifted by concerns about dryness and frost-damaged crop. Weakness in the Canadian dollar added support. Saskatchewan canola crop rated 41 percent good, 34 percent fair as of June 1. July ca
Published 06 Jun, 2015 12:00am
Unrealistic document!

Unrealistic document!

The unrealistic federal budget 2015-16 begs the question: how long would it be applicable? And the answer unfortunately may well be hours or at best days, not weeks, and certainly not months.
Published 06 Jun, 2015 12:00am
India oilseeds, soyaoil futures fall

India oilseeds, soyaoil futures fall

Indian oilseeds and soyaoil futures fell on Thursday as traders booked profit and weak export demand for soyameal weighed on prices, shrugging off gains in Malaysian palm oil prices. Malaysian palm oil futures ended higher on Thursday in anticipation the
Published 06 Jun, 2015 12:00am
Unrealistic document!

Unrealistic document!

The unrealistic federal budget 2015-16 begs the question: how long would it be applicable? And the answer unfortunately may well be hours or at best days, not weeks, and certainly not months.
Published 06 Jun, 2015 12:00am
CBOT wheat futures jump 2.3 percent

CBOT wheat futures jump 2.3 percent

Chicago Board of Trade wheat futures jumped 2.3 percent on Thursday, posting their third gain in the last four sessions as some weather concerns provided the impetus for traders to cover short positions. The forecast for more rain, which could slow the ta
Published 06 Jun, 2015 12:00am
Unrealistic document!

Unrealistic document!

The unrealistic federal budget 2015-16 begs the question: how long would it be applicable? And the answer unfortunately may well be hours or at best days, not weeks, and certainly not months.
Published 06 Jun, 2015 12:00am
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