News Archives for Print - 2015-11-26

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Rs 40 billion revenue steps approved by Prime Minister

Prime Minister Nawaz Sharif Wednesday approved Rs40 billion new revenue generation measures, including imposition of regulatory duty (RD) on luxury items, withdrawal of a few income tax exemptions and enhancement in the rates of excise duty on some items.

Published 26 Nov, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

CPEC projects: IGEA makes inquiries

The International Green Economy Association (IGEA), China on Wednesday made some inquiries about the development projects approved under the China-Pakistan Economic Corridor (CPEC). The Chinese think tank wrote a letter to Board of Investment (BoI) throug

Published 26 Nov, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

CPEC projects: IGEA makes inquiries

The International Green Economy Association (IGEA), China on Wednesday made some inquiries about the development projects approved under the China-Pakistan Economic Corridor (CPEC). The Chinese think tank wrote a letter to Board of Investment (BoI) throug

Published 26 Nov, 2015 12:00am

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

CPEC projects: IGEA makes inquiries

The International Green Economy Association (IGEA), China on Wednesday made some inquiries about the development projects approved under the China-Pakistan Economic Corridor (CPEC). The Chinese think tank wrote a letter to Board of Investment (BoI) throug

Published 26 Nov, 2015 12:00am

Currency

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 26 Nov, 2015 12:00am

Economic corridor: KP threatens to withdraw cooperation

Khyber Pakhtunkhwa government is said to have unearthed a federal government''s alleged plan aimed at depriving the province of its due rights in the context of the China-Pakistan Economic Corridor (CPEC).

Published 26 Nov, 2015 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Economic corridor: KP threatens to withdraw cooperation

Khyber Pakhtunkhwa government is said to have unearthed a federal government's alleged plan aimed at depriving the province of its due rights in the context of the China-Pakistan Economic Corridor (CPEC).

Published 26 Nov, 2015 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Economic corridor: KP threatens to withdraw cooperation

Khyber Pakhtunkhwa government is said to have unearthed a federal government's alleged plan aimed at depriving the province of its due rights in the context of the China-Pakistan Economic Corridor (CPEC).

Published 26 Nov, 2015 12:00am

Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

E-commerce services: Pakistan to invite PayPal, Alibaba

Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services in the country, the IT ministry has said, after easing its e-commerce rules.

Published 26 Nov, 2015 12:00am

Currency

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

E-commerce services: Pakistan to invite PayPal, Alibaba

Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services in the country, the IT ministry has said, after easing its e-commerce rules.

Published 26 Nov, 2015 12:00am

Currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

E-commerce services: Pakistan to invite PayPal, Alibaba

Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services in the country, the IT ministry has said, after easing its e-commerce rules.

Published 26 Nov, 2015 12:00am

Currency

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

E-commerce services: Pakistan to invite PayPal, Alibaba

Pakistan is set to invite global online payment giants PayPal and Alibaba to offer their services in the country, the IT ministry has said, after easing its e-commerce rules.

Published 26 Nov, 2015 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Cotton

SBP sees surge in private sector lending

The State Bank of Pakistan (SBP) sees a surge in the private sector lending in coming days on an accommodative monetary policy and improved energy supplies. According to Quarterly Performance Review (QPR) of the Banking Sector for the quarter ended 30th S

Published 26 Nov, 2015 12:00am

Libor

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Cotton

SBP sees surge in private sector lending

The State Bank of Pakistan (SBP) sees a surge in the private sector lending in coming days on an accommodative monetary policy and improved energy supplies. According to Quarterly Performance Review (QPR) of the Banking Sector for the quarter ended 30th S

Published 26 Nov, 2015 12:00am

Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Cotton

SBP sees surge in private sector lending

The State Bank of Pakistan (SBP) sees a surge in the private sector lending in coming days on an accommodative monetary policy and improved energy supplies. According to Quarterly Performance Review (QPR) of the Banking Sector for the quarter ended 30th S

Published 26 Nov, 2015 12:00am

Currency

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Currency

NA passes anti-money laundering, other bills

The National Assembly Wednesday passed three bills "The Anti-Money Laundering (Amendment) Bill, 2015, The Companies (Amendment) Bill, 2015 and The Stock Exchanges (Corporati-zation, Demutualization and Integration) (Amendment) Bill, 2015.

Published 26 Nov, 2015 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (November 25, 2015).

Published 26 Nov, 2015 12:00am

Currency

NA passes anti-money laundering, other bills

The National Assembly Wednesday passed three bills "The Anti-Money Laundering (Amendment) Bill, 2015, The Companies (Amendment) Bill, 2015 and The Stock Exchanges (Corporati-zation, Demutualization and Integration) (Amendment) Bill, 2015.

Published 26 Nov, 2015 12:00am

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 26 Nov, 2015 12:00am

Currency

NA passes anti-money laundering, other bills

The National Assembly Wednesday passed three bills "The Anti-Money Laundering (Amendment) Bill, 2015, The Companies (Amendment) Bill, 2015 and The Stock Exchanges (Corporati-zation, Demutualization and Integration) (Amendment) Bill, 2015.

Published 26 Nov, 2015 12:00am

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 26 Nov, 2015 12:00am

Aaj TV - Thursday's schedule

All timings are in PST (Pakistan Standard Time).

Published 26 Nov, 2015 12:00am

Cotton

PTEA LIFE TIME ACHIEVEMENT AWARD WINNERS

NISHAT MILLS (PVT) LTD - MIAN MUHAMMAD MANSHA: Nishat Mills Limited is the flagship company of Nishat Group. It was established in 1951. It is one of the most modern, largest vertically integrated textile company in Pakista

Published 26 Nov, 2015 12:00am

Currency

Textile Industry Sustainability and Way Forward

Textile industry, particularly in Punjab is in grip of unprecedented crisis and wheels of industry have come to a halt. Consequently, sizeable textile capacity had been severely impaired and country's exports are observing continuous decline both in quant

Published 26 Nov, 2015 12:00am

Pakistan Textile Exporters Association

Pakistan Textile Exporters Association (PTEA) is the symbol of entrepreneurship, hard work, determination, dedication and patriotism.

Published 26 Nov, 2015 12:00am

Message from Governor Punjab

Honourable Governor Punjab Malik Rafique Ahmad Rajwana grace the occasion as Guest of Honour and appreciated the effort of PTEA for encouraging the textile exporters on their great contribution towards national economy. PTEA is thankful for his affiliatio

Published 26 Nov, 2015 12:00am

Message from President of Pakistan

I am pleased to know that Pakistan Textile Exporters Association (PTEA) is organising the Export Excellence Awards 2015. This event is instrumental in acknowledging the achievements of our textile exporters and provides a platform for interaction, feedbac

Published 26 Nov, 2015 12:00am

Message from Chairman PTEA

Today is a great day for Pakistan Textile Exporters Association as we are honouring our valued members with PTEA Export Excellence Awards in recognition of their exceptional performance in textile exports last year.

Published 26 Nov, 2015 12:00am

Message from Senior Vice Chairman PTEA

It is a matter of pride that Pakistan Textile Exporters Association is organising PTEA Export Excellence Awards ceremony in recognition of the remarkable services of textile exporters. PTEA Export Excellence Awards will come to be recognised both locally

Published 26 Nov, 2015 12:00am

Message from Vice Chairman PTEA

Pakistan Textile Exporters Association is organising PTEA Export Excellence Awards 2015 to recognise the outstanding achievements of textile exporters for enhancing the insignia of Pakistan. A value-added and modern export regime is the need of the hour,

Published 26 Nov, 2015 12:00am

Timely completion of Punjab projects expected

The Punjab chief secretary is expecting current development projects in the province be completed in the stipulated time. Khizar Hayat Gondal chairing a meeting of administrative secretaries' committee at the Civil Secretaries on Wednesday discussed in de

Published 26 Nov, 2015 12:00am

Several hurt as police baton-charge protesting teachers

Police on Wednesday baton charged teachers who were protesting outside the Sindh CM House for the acceptance of their demands. The protesting teachers, belonging to the interior Sindh, had staged a sit-in in front of the CM House to voice anger over non-p

Published 26 Nov, 2015 12:00am

Third phase of LB elections: arrangements finalised in Sialkot

The Election Commission of Pakistan (ECP) has finalised necessary arrangements for setting up polling stations and polling booths for upcoming local bodies elections in third phase in Sialkot district. Official sources told Business Recorder on Wed

Published 26 Nov, 2015 12:00am

JI, PTI to hold joint rally on November 28

Gearing up for show of strength, Jamaat-e-Islami (JI) and Pakistan Tehreek-e-Insaf (PTI) have decided to hold a joint rally in the city on November 28. The rally will be addressed by PTI chairman Imran Khan and JI chief Siraj-ul-Haq. The JI-PTI rally is t

Published 26 Nov, 2015 12:00am

Punjab FPCCI: Azizur Rehman nominated as VP candidate

The ruling United Business Group (UBG) of FPCCI has nominated famous businessman Mian Azizur Rehman Chan as candidate for Punjab FPCCI vice president. The decision was taken in a meeting jointly chaired by Chairman UBG Iftikhar Ali Malik and Patron-in-Chi

Published 26 Nov, 2015 12:00am

Water plant, laboratory collection point, medical unit inaugurated: JI chief addresses rally in Lyari

Amir Jamaat-e-Islami (JI) Pakistan Senator Siraj-ul-Haq has said that December 5, 2015 would be start of a positive change for the people of Lyari. He was addressing a big rally in the old city areas of District South. The rally was culminated into a part

Published 26 Nov, 2015 12:00am

Unilever Pakistan in search for future business leaders

Unilever Talent Hunt (UTH) 2015 has been launched as a means of attracting top talent from leading universities across Pakistan. UTH provides students the opportunity to showcase their academic and strategic acumen whilst helping Unilever build a stronger

Published 26 Nov, 2015 12:00am

Prime Minister directs to place CDA under CADD control

Prime Minister Nawaz on Wednesday directed to place the Capital Development Authority (CDA) under the administrative control of Capital Administration and Development Division (CADD). Presently, the CDA is under the control of Cabinet Division, a brief st

Published 26 Nov, 2015 12:00am

AIIB Pakistan to ratify articles of agreement

Pakistan Wednesday decided to ratify the articles of agreement relating to Asian Infrastructure Investment Bank (AIIB). Prime Minister Muhammad Nawaz has given approval in this regard a brief statement issued by the PM's Media office here said.

Published 26 Nov, 2015 12:00am

Treet Corporation

Treet Corporation is among the oldest group of companies in Pakistan. Its history goes back to pre-partition when it was established as a diversification from the canteen and agricultural business. After the creation of Pakistan the company diversified in

Published 26 Nov, 2015 12:00am

Treet Corporation

Treet Corporation is among the oldest group of companies in Pakistan. Its history goes back to pre-partition when it was established as a diversification from the canteen and agricultural business. After the creation of Pakistan the company diversified in

Published 26 Nov, 2015 12:00am

Deportations of migrants

This is apropos a news item "EU to resume deportations of migrants" carried by Business Recorder yesterday. According to the report, Europe's migration commissioner has said an agreement to deport undocumented migrants to Pakistan will be restored,

Published 26 Nov, 2015 12:00am

Partly Facetious: Zardari not bound to stay in country

"You know the difference between the PPP and the other two national parties namely the PML-N and the PTI?"

Published 26 Nov, 2015 12:00am

Gulf braces for austerity as oil income slump bites

Faced with heavy losses from low oil prices, Gulf states have embarked on belt-tightening measures to cut spending and boost non-crude revenues, but analysts warn much more needs to be done.

Published 26 Nov, 2015 12:00am

When VAT becomes chargeable

The general rule is that VAT becomes chargeable at the time when a taxable supply of goods or services is made.1 The basis on which the trader is required to account for VAT is dealt with in accounting for VAT and money received basis.

Published 26 Nov, 2015 12:00am

Rural poverty challenge

Agriculture being the mainstay of Pakistan's economy, accounting for nearly 25 percent of country's GDP, 60 percent of export earnings and 48 percent of employment it makes it all the more important to reform the sector so as to make it more responsive to

Published 26 Nov, 2015 12:00am

Unfortunate, unwarranted Turkey-Russia spate

Within the Syrian civil war there are many mini-wars, some being fought by contending national stakeholders and others between regional and global powers through their proxies. And as it continues, the contestants keep revising their agendas. In its first

Published 26 Nov, 2015 12:00am

The fault lies not with FBR alone

Former Senior Member, Federal Board of Revenue (FBR), Shahid Hussain Asad, stated in an interview with Aaj News that there is a 40 billion rupee shortfall in the first quarter of the current year. This shortfall, he said, would be met through increasing t

Published 26 Nov, 2015 12:00am

Cotton

Cotton rebounds from six-week low on slow harvest progress

ICE cotton futures rebounded on Tuesday from a six-week low hit the prior session as a weekly US government report showed slow harvest progress, particularly in No 2 growing state Georgia, as rains prevented farmers from undertaking harvest activities.

Published 26 Nov, 2015 12:00am

Shanghai nickel, copper jump

Nickel jumped 6 percent in Shanghai on Wednesday, leading a rebound in Chinese base metals, amid talk that producers may trim output as prices hit multi-year lows this week. Other Shanghai metals also rebounded. January copper rose 3.1 percent to 34,620 y

Published 26 Nov, 2015 12:00am

Currency

Copper slides, focus on oversupply, weak demand and dollar

Copper prices fell on Wednesday as worries about an oversupplied market and weak demand growth from top consumer China were reinforced by a stronger dollar. Benchmark copper on the London Metal Exchange ended down 1.3 percent at $4,549 a tonne. The metal

Published 26 Nov, 2015 12:00am

Oil steadies on US rig count drop

Crude futures steadied on Wednesday, recovering from the lows of the day, after a smaller-than-expected supply build in the United States and drop in the number of US rigs actively drilling for oil. Traders and investors also appeared to be avoiding big n

Published 26 Nov, 2015 12:00am

Rubber rebounds

Benchmark Tokyo rubber futures rebounded from the previous day's loss on Wednesday as surging Shanghai futures and higher overnight oil prices lent support, although gains were capped below a key 160 yen ceiling due to nagging worries about oversupply, de

Published 26 Nov, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

Published 26 Nov, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

The following were Wednesday's Rotterdam vegetable oil prices at 1700 GMT:

Published 26 Nov, 2015 12:00am

Currency

Wheat drops on improving US crop conditions

US wheat futures fell more than 2 percent on Tuesday, giving up all the prior session's gains, as a further improvement in the condition of the US winter crop placed attention back on ample global supply of the staple cereal. Corn prices eased, following

Published 26 Nov, 2015 12:00am

Vegetable Oil

Palm oil recovers

Malaysian palm oil futures bounced back from early falls and closed higher on Wednesday, snapping four sessions of declines as bargain-hunting and a report of production drop offset a stronger ringgit. The February benchmark palm oil contract on the Bursa

Published 26 Nov, 2015 12:00am

Sugar eases, robusta coffee dips

Raw sugar futures fell on Wednesday, extending the prior session's volatile shift lower on the strong US dollar and market talk of Indian sales, while robusta coffee dipped as new supplies from top grower Vietnam came on stream.

Published 26 Nov, 2015 12:00am

Gold rises in New York

Gold rose 1 percent on Tuesday, recovering from near six-year lows as news that Turkish fighter jets had shot down a Russian warplane near the Syrian border sparked a rush to safety among investors, weighing on the dollar. The metal remained under pressur

Published 26 Nov, 2015 12:00am

Gold extends gains on in Asia

Gold added to overnight gains on Wednesday on a softer dollar and heightened tensions after Turkey shot down a Russian warplane, but the rally was capped on expectations of a US rate hike next month. Turkey shot down the Russian jet near the Syrian border

Published 26 Nov, 2015 12:00am

Currency

Gold drops in Europe

Gold dropped on Wednesday on a rebounding dollar after strong US economic data that heightened expectations of a rate hike from the Federal Reserve next month. Manufacturing output rose well above economists' expectations in October and a gauge of US busi

Published 26 Nov, 2015 12:00am

China metals industry calls for short-selling probe

A major Chinese metals industry body has called for authorities to investigate "malicious" short selling of metals markets on the Shanghai Futures Exchange, industry sources said, the latest sign of panic about sinking prices in the world's top producer.

Published 26 Nov, 2015 12:00am

US MIDDAY: soyabeans climb

Soyabeans futures climbed 1 percent early on Wednesday, bouncing on bargain-buying after this week's 6-1/2 year low, ahead of a US holiday. Corn also rose due to a slow pace of farmer sales to the cash market, but nearby Chicago wheat futures dipped after

Published 26 Nov, 2015 12:00am

Currency

US MIDDAY: gold slips

Gold prices dropped on Wednesday, hovering just above the lowest level in nearly six years on pressure from a rebounding dollar after strong US economic data heightened expectations of an interest rate hike from the Federal Reserve next month. Manufacturi

Published 26 Nov, 2015 12:00am

CBOT wheat futures sharply lower

Wheat futures on the Chicago Board of Trade closed sharply lower on Tuesday, pressured by improving US winter crop conditions and ample global stocks, traders said. K.C. hard red winter wheat futures and MGEX spring wheat futures also settled lower.

Published 26 Nov, 2015 12:00am

Indian soyabeans flat, rapeseed lower

Indian soyabeans ended nearly flat and rapeseed edged lower in a volatile session on Tuesday amid expectations that Rajasthan state would raise the ceiling limit on oilseed and oil stocks that dealers and millers can hold.

Published 26 Nov, 2015 12:00am

Cotton

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,282 million. The number of lots traded was 25.94 million. PMEX Commodity Index increased by 0.59 percent and closed at 2,589.

Published 26 Nov, 2015 12:00am

US FOB Gulf corn and soyabean premiums lower

Export premiums for corn and soyabeans shipped from the US Gulf Coast were flat to lower on Tuesday amid generally weak CIF barge basis values and light demand, traders said. FOB basis offers for US wheat were steady to firm on slow grain movement and low

Published 26 Nov, 2015 12:00am

Canadian canola falls to 2-1/2-month low

ICE Canadian canola dropped on Monday to a 2-1/2-month low, weakened by falling rapeseed prices and technical selling. Funds sold an estimated 2,000 January contracts, increasing their net short position to 20,000 contracts, a trader said. January canola

Published 26 Nov, 2015 12:00am

US natural gas futures little changed

US natural gas futures were little changed on Tuesday as the latest forecasts for cooler weather and higher heating demand over the next two weeks offset potential declines from the expiration of the front-month options.

Published 26 Nov, 2015 12:00am

Activities at Karachi and Qasim ports

The Karachi Port handled 84,125 tonnes of cargo comprising 69,015 tonnes of import cargo and 15,110 tonnes of export cargo including 3,528 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.

Published 26 Nov, 2015 12:00am

Cotton

Cotton market: stable trend seen on strong demand by mills

Strong demand by mills and reports of tight supply of fine type helped the rates to sustain their present levels in the process of trading on Wednesday, dealers said. The official spot rate retained overnight levels at Rs 5,350, dealers said. In Sindh, se

Published 26 Nov, 2015 12:00am

Bangladesh tea prices fall

Tea prices in Bangladesh plunged at a weekly auction on Tuesday, after a brief rise in the previous session, dragged down by inferior quality leaf. Bangladeshi tea fetched an average 191.41 taka ($2.44) per kg at the 28th auction of the current marketing

Published 26 Nov, 2015 12:00am

Cotton

Prices mixed on grain market

Prices moved both ways on the local grain market on Wednesday in the process of slow trading, dealer said. On the cereals front, wheat Mardan new picked up Rs 20 to Rs 3500, other commodities held the overnight levels on balanced demand and supply positio

Published 26 Nov, 2015 12:00am

Brilliant Barcelona, Bayern through to last 16

Holders Barcelona celebrated qualifying for the last 16 of the Champions League with another stunning display on Tuesday, Luis Suarez and Lionel Messi both scoring twice in a 6-1 win against Roma. The Catalans and Bayern Munich both secured their places i

Published 26 Nov, 2015 12:00am

More big names on PSL coaching panel

Sri Lankan legend Sanath Jayasuriya, former Australian World-Cup winning coach John Buchanan and former Indian pacer Venkatesh Prasad are the latest signings on the Pakistan Super League coach roster. With the addition of a wide variety of coaches, the Pa

Published 26 Nov, 2015 12:00am

Bell, Anderson, Cook may appear in PSL

James Anderson, Ian Bell and Alastair Cook are among the England players who could appear in the Pakistan Super League. Bell and Anderson have both signed agreements confirming their appearance in the competition's draft, while Cook has been in talks with

Published 26 Nov, 2015 12:00am

ICC appoints women umpires for first time

Female umpires will officiate for the first time in the women's World Twenty20 qualifiers, cricket's governing body announced on Wednesday. In a move designed to further the development of the women's game, the International Cricket Council (ICC) Women's

Published 26 Nov, 2015 12:00am

Singapore team booted out of Malaysian league

Singapore's Lions XII team has been kicked out of Malaysia's domestic league without explanation after the Malaysian football body decided not to extend its participation.

Published 26 Nov, 2015 12:00am

Play only for glory of country: Salman, Asif advice youngsters

In addition to fitness and performance, professional and moral integrity are the fundamental requirements for youngsters to excel in sports. These views were expressed by the cricketers Salman Butt and Muhammad Asif while delivering lectures to WAPDA play

Published 26 Nov, 2015 12:00am

Morkel, Harmer skittle India on dicey pitch

Morne Morkel and Simon Harmer bamboozled India with pace and spin on a tricky wicket but South Africa also suffered early blows in the third Test in Nagpur on Wednesday. Off-spinner Harmer claimed four wickets for 78 and fast bowler Morkel took three for

Published 26 Nov, 2015 12:00am

Afridi wants cricket with India, any time, any place

Pakistan's Twenty20 skipper Shahid Afridi Wednesday fully endorsed any resumption of cricket ties with India, saying wherever and whenever a series is played the show must go on, irrespective of politics.

Published 26 Nov, 2015 12:00am

Chief of Naval Staff Amateur Golf Championship from November 27

The 5th Chief of Naval Staff Amateur Golf Championship will commence from Friday (November 27 and will be contested over three days with final to be held on Sunday at the exquisite Royal Palm Golf Course.

Published 26 Nov, 2015 12:00am

Pakistan, England gear up for World Twenty20

Former champions Pakistan will face England in a three-match Twenty20 series in Dubai from Thursday as they begin to settle their squads for next year's World Twenty20. Pakistan finished runners-up in the first edition of the World Twenty20 in 2007 before

Published 26 Nov, 2015 12:00am

BoE's Carney says rate hike timing is still a question

Bank of England Governor Mark Carney said he did not know when British interest rates should start to rise, once again sounding vaguer than before about when the BoE might begin easing the economy off record-low borrowing costs.

Published 26 Nov, 2015 12:00am

Novartis heart failure medicine wins EU approval

The European Commission has approved Novartis' Entresto drug for the treatment of adult patients with symptomatic chronic heart failure with reduced ejection fraction, the Swiss drugmaker said on Tuesday. Entresto is the first new drug in decades for help

Published 26 Nov, 2015 12:00am

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.51
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 8	5187.67
India Sensex / May 8	73466.39
Tokyo Nikkei / May 8	38202.37
Nasdaq / May 8	16302.76
Hang Seng / May 8	18313.86
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Crude Oil USD/Barrel / May 8	78.99
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2308.85
Cotton US¢/pound / May 8	80.06
Petrol/Litre / May 9	288.49

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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