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Jun 16, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-11-15
Gas producing KP districts: residents to get gas connections

Gas producing KP districts: residents to get gas connections

The Ministry of Petroleum and Natural Resources and the Government of Khyber Pakhtunkhwa (KPK) have agreed to provide natural gas facility to the people of gas producing districts of the province, where gas worth of Rs 8 billion is being stolen by the loc
Published 15 Nov, 2016 12:00am
Musharraf will reunite MQM: Gabol

Musharraf will reunite MQM: Gabol

Karachi-based political leader Nabeel Gabol has said that former president Pervez Musharraf would re-unite Muttahida Qaumi Movement (MQM) under his leadership. In an interview, Gabol said, "Senior MQM leader Farooq Sattar had rescued his party when it str
Published 15 Nov, 2016 12:00am
Bhitai's message is beacon of light in current situation: Marvi

Bhitai's message is beacon of light in current situation: Marvi

To be human is to be fair with other humans and not to hurt them. This is the core message of Sufism that is not being practiced in true sense that's why Pakistan is unable to achieve peace and harmony. It is high time to revitalise the spirit of Sufi tea
Published 15 Nov, 2016 12:00am
New Islamabad airport: Prime Minister directs completion on modern lines

New Islamabad airport: Prime Minister directs completion on modern lines

Prime Minister Muhammad Nawaz Sharif has directed the completion of the new Islamabad airport on modern lines having all requisite facilities. "The capital deserves an airport matching any modern airport of the world over," the Prime Minister said while p
Published 15 Nov, 2016 12:00am
Unprovoked firing may lead to strategic miscalculation: Sartaj

Unprovoked firing may lead to strategic miscalculation: Sartaj

Adviser to the Prime Minister on Foreign Affairs, Sartaj Aziz Monday expressed the apprehension that continued Indian unprovoked firing on the Line of Control (LoC) and Working Boundary constitutes a threat to the maintenance of peace and security that ma
Published 15 Nov, 2016 12:00am
PTI to reconsider its decision to boycott joint session

PTI to reconsider its decision to boycott joint session

Pakistan Tehreek-e-Insaf (PTI) Monday decided to revisit its decision on planned boycott of the joint sitting of the Parliament at the request of Turkish ambassador to Pakistan Sadik Babür Girgin. The latest change of mind decision came after senior PTI l
Published 15 Nov, 2016 12:00am
Zardari condoles death of Jehangir Badr

Zardari condoles death of Jehangir Badr

Former President Asif Ali Zardari has expressed profound grief and sorrow over the passing away of ex-Secretary General of Pakistan People's Party Senator Jehangir Badr in the wee hours of Monday in Lahore. As a genuine political worker, a committed democ
Published 15 Nov, 2016 12:00am
President condemns LoC violations by India

President condemns LoC violations by India

President Mamnoon Hussain has expressed profound grief and sorrow over the martyrdom of seven brave Pakistani soldiers as a result of unprovoked firing by Indian forces. Strongly condemning the continuous truce violations at the Line of Control by Indian
Published 15 Nov, 2016 12:00am
Erdogan due on November 16

Erdogan due on November 16

Turkish President Recep Tayyip Erdogan will arrive tomorrow (Wednesday) on a two-day bilateral visit to Pakistan along with a high-level delegation, Foreign Office said on Monday. According to Nafees Zakaria, the Spokesperson for the Foreign Office, the T
Published 15 Nov, 2016 12:00am
Chandio condoles death of Jehangir Badr

Chandio condoles death of Jehangir Badr

Advisor to Chief Minister Sindh on Information Moula Bux Chandio has condoled over the death of Senior Politician Jehangir Badr. He said that he was a man of principle and never compromised with any dictator and his struggle for restoration of democracy w
Published 15 Nov, 2016 12:00am
Cotton futures move higher
Cotton

Cotton futures move higher

Cotton futures edged higher on Monday after trading in a fairly tight range, as gains on talk of a downward revision in production by China were capped by a stronger dollar. "The two forces balanced each other out," said Gabriel Crivorot, analyst at Socie
Published 15 Nov, 2016 12:00am
Oil rebounds from three-month lows on renewed hopes for Opec cut

Oil rebounds from three-month lows on renewed hopes for Opec cut

Oil prices were largely steady on Monday, rebounding from three-month lows, on a report saying that Opec members were seeking to resolve their differences on a deal to cut production ahead of a meeting later this month. Opec kingpin Saudi Arabia and fello
Published 15 Nov, 2016 12:00am
Wheat down two percent

Wheat down two percent

US wheat futures fell more than 2 percent early on Monday, joining a broad decline in commodities as the dollar roared to an 11-month high, analysts said. Soyabeans and corn also sagged, with a selloff in Chinese soyabean and soyaoil futures adding pressu
Published 15 Nov, 2016 12:00am
US MIDDAY: gold remains down

US MIDDAY: gold remains down

Gold fell for the third straight session early on Monday, reaching a 5-1/2-month low as the dollar and Treasury yields strengthened on expectations that President-elect Donald Trump will boost US spending. The market pared losses as the greenback and yiel
Published 15 Nov, 2016 12:00am
Energy and environment issues - III

Energy and environment issues - III

Further to the letters on the above subject carried by Business Recorder on November 9 and 10, and discussions that followed, immediate concern of energy professionals covered what future urgent action should be taken to reduce impact of our energy
Published 15 Nov, 2016 12:00am
Tensions flare as Turkey heads to vote on new Erdogan powers

Tensions flare as Turkey heads to vote on new Erdogan powers

Turkey is heading to a referendum on granting President Recep Tayyip Erdogan new powers as early as next spring, ratcheting up tensions amid a crackdown on dissent and pro-Kurdish politicians, analysts say. The courts have arrested over 35,000 people unde
Published 15 Nov, 2016 12:00am
Global rightward portents

Global rightward portents

The surprise victory of Donald Trump over Hillary Clinton in the US presidential elections is a reflection of a global rightward trend visible in many countries. Before the US elections, the Brexit referendum in the UK indicated the shape of things to com
Published 15 Nov, 2016 12:00am
Self-serving priorities

Self-serving priorities

While our politicians protect their personal interests they show zero concern for even limiting the economy's slowdown, let alone reversing it, as portrayed by the ongoing slide in exports, inward remittances, and exchange reserves bulk of which are borro
Published 15 Nov, 2016 12:00am
The anatomy of doctors' protest

The anatomy of doctors' protest

On Wednesday, by the time Chaudhry Sadiq was brought to the Mayo Hospital, his chest had aggravated and breathing remained difficult. But a clutch of protesting young doctors won't let him into the emergency ward. And at long last when he was taken in it
Published 15 Nov, 2016 12:00am
The Kashgar-Gwadar trade route

The Kashgar-Gwadar trade route

Amidst much fanfare and in the presence of Pakistan's civilian and military leadership, including Prime Minister Nawaz Sharif and General Raheel Sharif, as well as Chinese Ambassador Sun Weidong deep sea Gwadar port linked to Kashgar as a component of
Published 15 Nov, 2016 12:00am
Skygazers gawp at extra bright 'supermoon'

Skygazers gawp at extra bright 'supermoon'

Skygazers took to high-rise buildings, observatories and beaches Monday to get a glimpse of the closest "supermoon" to Earth in almost seven decades, and snap dramatic pictures. The unusually big and bright moon appeared at its most impressive as night fe
Published 15 Nov, 2016 12:00am
Skygazers gawp at extra bright 'supermoon'

Skygazers gawp at extra bright 'supermoon'

Skygazers took to high-rise buildings, observatories and beaches Monday to get a glimpse of the closest "supermoon" to Earth in almost seven decades, and snap dramatic pictures. The unusually big and bright moon appeared at its most impressive as night fe
Published 15 Nov, 2016 12:00am
Dar dispels rumours
Currency

Dar dispels rumours

Federal Minister for Finance Senator Ishaq Dar has dispelled the rumours about the demonetization of Rs 5000 currency notes and withdrawal of Rs 40,000 prize bonds. Ishaq Dar on Monday said that these rumours are totally baseless and are spread by the ves
Published 15 Nov, 2016 12:00am
Dar dispels rumours
Currency

Dar dispels rumours

Federal Minister for Finance Senator Ishaq Dar has dispelled the rumours about the demonetization of Rs 5000 currency notes and withdrawal of Rs 40,000 prize bonds. Ishaq Dar on Monday said that these rumours are totally baseless and are spread by the ves
Published 15 Nov, 2016 12:00am
Dar dispels rumours
Currency

Dar dispels rumours

Federal Minister for Finance Senator Ishaq Dar has dispelled the rumours about the demonetization of Rs 5000 currency notes and withdrawal of Rs 40,000 prize bonds. Ishaq Dar on Monday said that these rumours are totally baseless and are spread by the ves
Published 15 Nov, 2016 12:00am
Dar dispels rumours
Currency

Dar dispels rumours

Federal Minister for Finance Senator Ishaq Dar has dispelled the rumours about the demonetization of Rs 5000 currency notes and withdrawal of Rs 40,000 prize bonds. Ishaq Dar on Monday said that these rumours are totally baseless and are spread by the ves
Published 15 Nov, 2016 12:00am
Panama Papers case: Akram Sheikh to represent PM's children

Panama Papers case: Akram Sheikh to represent PM's children

Prime Minister Nawaz Sharif's children, Maryam Nawaz, Hussain Nawaz and Hassan Nawaz, filed an application for change of counsel in the Panama Papers case on Monday. Former Attorney General for Pakistan Salman Aslam Butt was earlier given the authority to
Published 15 Nov, 2016 12:00am
Panama Papers case: Akram Sheikh to represent PM's children

Panama Papers case: Akram Sheikh to represent PM's children

Prime Minister Nawaz Sharif's children, Maryam Nawaz, Hussain Nawaz and Hassan Nawaz, filed an application for change of counsel in the Panama Papers case on Monday. Former Attorney General for Pakistan Salman Aslam Butt was earlier given the authority to
Published 15 Nov, 2016 12:00am
The Weather

The Weather

The weather report on Monday (November 14, 2016) and the forecast for Tuesday (November 08, 2016).

Published 15 Nov, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 15 Nov, 2016 12:00am
Online freedom hit by pressure on social media, apps

Online freedom hit by pressure on social media, apps

Governments around the world have stepped up efforts to block or censor social media and messaging applications, in a new blow to internet freedom, a watchdog group said Monday. The Freedom on the Net report by the activist group Freedom House said online
Published 15 Nov, 2016 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 15 Nov, 2016 12:00am
Greece out of recession for first time in two years

Greece out of recession for first time in two years

The Greek economy emerged from recession for the first time since 2014, managing two straight quarters of GDP growth, figures released Monday showed. Greece''s gross domestic product (GDP) increased by 0.5 percent in the three months to September from the
Published 15 Nov, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
Greece out of recession for first time in two years

Greece out of recession for first time in two years

The Greek economy emerged from recession for the first time since 2014, managing two straight quarters of GDP growth, figures released Monday showed. Greece's gross domestic product (GDP) increased by 0.5 percent in the three months to September from the
Published 15 Nov, 2016 12:00am
Greece out of recession for first time in two years

Greece out of recession for first time in two years

The Greek economy emerged from recession for the first time since 2014, managing two straight quarters of GDP growth, figures released Monday showed. Greece's gross domestic product (GDP) increased by 0.5 percent in the three months to September from the
Published 15 Nov, 2016 12:00am
Donald Trump talks to Xi

Donald Trump talks to Xi

US President-elect Donald Trump has made his first call to the leader of China, and is "getting his arms around our foreign policy" as he prepares to assume the leadership of the world's sole superpower, a top aide said Monday. The Republican billionaire'
Published 15 Nov, 2016 12:00am
Donald Trump talks to Xi

Donald Trump talks to Xi

US President-elect Donald Trump has made his first call to the leader of China, and is "getting his arms around our foreign policy" as he prepares to assume the leadership of the world's sole superpower, a top aide said Monday. The Republican billionaire'
Published 15 Nov, 2016 12:00am
Trump names media firebrand, top Republican to key posts

Trump names media firebrand, top Republican to key posts

President-elect Donald Trump named anti-establishment firebrand Steve Bannon his top strategist and top Republican Reince Priebus his White House chief of staff Sunday, blending pragmatism with a rabble-rousing edge in the first appointments of his new ad
Published 15 Nov, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (November 14, 2016)

Published 15 Nov, 2016 12:00am
Trump names media firebrand, top Republican to key posts

Trump names media firebrand, top Republican to key posts

President-elect Donald Trump named anti-establishment firebrand Steve Bannon his top strategist and top Republican Reince Priebus his White House chief of staff Sunday, blending pragmatism with a rabble-rousing edge in the first appointments of his new ad
Published 15 Nov, 2016 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
Army chief vows to defend motherland at all costs

Army chief vows to defend motherland at all costs

Army chief Raheel Sharif has vowed to continue to respond effectively to the Indian unprovoked firing and maintained that no stone will be left unturned to defend motherland. He said this while attending a briefing in Jhelum on Monday. Raheel Sharif offer
Published 15 Nov, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
Army chief vows to defend motherland at all costs

Army chief vows to defend motherland at all costs

Army chief Raheel Sharif has vowed to continue to respond effectively to the Indian unprovoked firing and maintained that no stone will be left unturned to defend motherland. He said this while attending a briefing in Jhelum on Monday. Raheel Sharif offer
Published 15 Nov, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (November 14, 2016).

Published 15 Nov, 2016 12:00am
India trying to divert global attention from IHK: Prime Minister

India trying to divert global attention from IHK: Prime Minister

Prime Minister Nawaz Sharif has expressed his profound grief and sorrow over the loss of precious human lives in the latest violation of the Line of Control (LoC) by the Indian forces. Paying high tributes to the martyred Pakistani soldiers, the PM said i
Published 15 Nov, 2016 12:00am
India trying to divert global attention from IHK: Prime Minister

India trying to divert global attention from IHK: Prime Minister

Prime Minister Nawaz Sharif has expressed his profound grief and sorrow over the loss of precious human lives in the latest violation of the Line of Control (LoC) by the Indian forces. Paying high tributes to the martyred Pakistani soldiers, the PM said i
Published 15 Nov, 2016 12:00am
India's belligerence on LoC at its worst; seven troops martyred

India's belligerence on LoC at its worst; seven troops martyred

Seven Pakistan Army soldiers were martyred due to unprovoked firing by Indian troops at the Line of Control (LoC) on Sunday night. According to ISPR, the soldiers were martyred as the Indian troops indulged in crossfire violations at the LoC in Bhimber se
Published 15 Nov, 2016 12:00am
THE RUPEE: dollar climbs
Currency

THE RUPEE: dollar climbs

The dollar managed to keep an upward journey versus the rupee on the money market on Monday in the process of trading, dealers said. The rupee fell against the dollar, losing five paisas for buying and selling at Rs 104.81 and Rs 104.83 respectively, they
Published 15 Nov, 2016 12:00am
India's belligerence on LoC at its worst; seven troops martyred

India's belligerence on LoC at its worst; seven troops martyred

Seven Pakistan Army soldiers were martyred due to unprovoked firing by Indian troops at the Line of Control (LoC) on Sunday night. According to ISPR, the soldiers were martyred as the Indian troops indulged in crossfire violations at the LoC in Bhimber se
Published 15 Nov, 2016 12:00am
THE RUPEE: dollar climbs
Currency

THE RUPEE: dollar climbs

The dollar managed to keep an upward journey versus the rupee on the money market on Monday in the process of trading, dealers said. The rupee fell against the dollar, losing five paisas for buying and selling at Rs 104.81 and Rs 104.83 respectively, they
Published 15 Nov, 2016 12:00am
BRIndex30 falls 124.31 points

BRIndex30 falls 124.31 points

On Monday, BRIndex30 opened at 24,250.23 points. It touched an intraday high of 24,392.78 points and an intraday low of 24,031.33 points and closed at 24,125.92 points which was -124.31 points or -0.51 percent lower than previous close. Total volume was 3
Published 15 Nov, 2016 12:00am
BRIndex30 falls 124.31 points

BRIndex30 falls 124.31 points

On Monday, BRIndex30 opened at 24,250.23 points. It touched an intraday high of 24,392.78 points and an intraday low of 24,031.33 points and closed at 24,125.92 points which was -124.31 points or -0.51 percent lower than previous close. Total volume was 3
Published 15 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange Monday opened on strong positive note and the benchmark KSE-100 index crossed 43,000 to hit 43,082.62 intraday high. However, the index failed to sustain this level due to heavy selling pressure due of profit-taking, mainly by inst
Published 15 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange Monday opened on strong positive note and the benchmark KSE-100 index crossed 43,000 to hit 43,082.62 intraday high. However, the index failed to sustain this level due to heavy selling pressure due of profit-taking, mainly by inst
Published 15 Nov, 2016 12:00am
Bulls take a breather

Bulls take a breather

Pakistan Stock Exchange Monday opened on strong positive note and the benchmark KSE-100 index crossed 43,000 to hit 43,082.62 intraday high. However, the index failed to sustain this level due to heavy selling pressure due of profit-taking, mainly by inst
Published 15 Nov, 2016 12:00am
World Bank economist lists factors behind uncompetitiveness

World Bank economist lists factors behind uncompetitiveness

Pakistan''s decline in competitiveness has been driven by the poor trade facilitation, infrastructure gaps, inefficient logistics and a poor investment climate, said Enrique Blanco Armas, World Bank''s Lead Country Economist for Pakistan. "The continued f
Published 15 Nov, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Nov, 2016 12:00am
World Bank economist lists factors behind uncompetitiveness

World Bank economist lists factors behind uncompetitiveness

Pakistan's decline in competitiveness has been driven by the poor trade facilitation, infrastructure gaps, inefficient logistics and a poor investment climate, said Enrique Blanco Armas, World Bank's Lead Country Economist for Pakistan. "The continued fal
Published 15 Nov, 2016 12:00am
World Bank economist lists factors behind uncompetitiveness

World Bank economist lists factors behind uncompetitiveness

Pakistan's decline in competitiveness has been driven by the poor trade facilitation, infrastructure gaps, inefficient logistics and a poor investment climate, said Enrique Blanco Armas, World Bank's Lead Country Economist for Pakistan. "The continued fal
Published 15 Nov, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Nov, 2016 12:00am
Refunds being paid to all claimants: Dar

Refunds being paid to all claimants: Dar

The Federal Minister for Finance Senator Ishaq Dar chaired a ceremony at the FBR Headquarters Monday for the inauguration of the "Module for Direct Electronic Transfer of Refunds" for payment of sales tax refunds for Refund Payment Orders (RPOs) issued up
Published 15 Nov, 2016 12:00am
Refunds being paid to all claimants: Dar

Refunds being paid to all claimants: Dar

The Federal Minister for Finance Senator Ishaq Dar chaired a ceremony at the FBR Headquarters Monday for the inauguration of the "Module for Direct Electronic Transfer of Refunds" for payment of sales tax refunds for Refund Payment Orders (RPOs) issued up
Published 15 Nov, 2016 12:00am
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