The BRIndex30 opened in positive zone with a jump gap of 306.57 points and sustained this rise for the whole trading time, closing at 10,117.17. It registered a positive change of 450.41 or 4.66 percent on Monday with intra-day high of 10,131.47 and low o
The share market for the third day in a row on Monday recorded gains where almost every scrip on the board closed on its upper circuit-breaker and the attractive levels helped to index to cross the 9900-point level.
The share market for the third day in a row on Monday recorded gains where almost every scrip on the board closed on its upper circuit-breaker and the attractive levels helped to index to cross the 9900-point level.
The share market for the third day in a row on Monday recorded gains where almost every scrip on the board closed on its upper circuit-breaker and the attractive levels helped to index to cross the 9900-point level.
The privatisation process of Jamshoro Power Company (JPC) has hit snags as the prospective investors have turned down the draft of 3-year Power Purchase Agreement (PPA)--up to June, 30, 2009--saying that the agreement should be made on long-term basis.
The privatisation process of Jamshoro Power Company (JPC) has hit snags as the prospective investors have turned down the draft of 3-year Power Purchase Agreement (PPA)--up to June, 30, 2009--saying that the agreement should be made on long-term basis.
The privatisation process of Jamshoro Power Company (JPC) has hit snags as the prospective investors have turned down the draft of 3-year Power Purchase Agreement (PPA)--up to June, 30, 2009--saying that the agreement should be made on long-term basis.
Two girls were burnt to death in sectarian rioting between Hindus and Muslims sparked by the death of a youth in India's most populous state of Uttar Pradesh, police said Monday. "Over 100 houses were set ablaze in a Hindu-Muslim clash in which two girls
Final shape has been given to the vehicular traffic handling plan for the expected rain emergency in the city of Karachi by the Traffic Police, Karachi, says a press release of the Director Press of the Karachi Police.
Villagers battled each other for water on Monday, using rifles, mortars and rocket-propelled grenades after one group tried to divert an irrigation canal. Twelve people were wounded in the fighting in the rugged Kurrum region on the Afghan border, said th
National Council for Human Rights (NCHR) held a 2-day training workshop of local police officers here on Monday in collaboration with Citizen-Police Liaison Committee (CPLC).
Anti Narcotics Force (ANF) Punjab is holding a prize distribution ceremony of anti drug poster competition on June 20 here at Alhamra Hall. ANF Punjab Force Commander Brigadier Babur Idris will be the chief gust on the occasion. He will also inaugurate th
Rice exporters fear a shortage of water will reduce rice production and cut exports by about 15 percent during the fiscal year beginning on July 1, a top trade official said on Monday.
The Punjab government will recruit 15000 officials including 500 inspectors, 1000 assistant sub-inspectors, 1500 head constables, 9000 constables, 1000 drivers, 1000 wireless operators and 1000 class four employees to make police patrolling posts function
Pakistan and Kuwait on Monday signed series of agreements and memorandums of understanding for enhancing bilateral economic relations including an MoU for setting up an oil refinery at Port Qasim.
Pakistan and Kuwait on Monday signed series of agreements and memorandums of understanding for enhancing bilateral economic relations including an MoU for setting up an oil refinery at Port Qasim.
Pakistan and Kuwait on Monday signed series of agreements and memorandums of understanding for enhancing bilateral economic relations including an MoU for setting up an oil refinery at Port Qasim.
Not only the overseas Pakistanis remitted home a record amount of $4,136 million during 11 months of FY06, the competing Foreign Currency Deposits (FCDs) under FE-25 scheme also rose to a record $3,481 million by the end of May 2006 as against $3,105 mill
Not only the overseas Pakistanis remitted home a record amount of $4,136 million during 11 months of FY06, the competing Foreign Currency Deposits (FCDs) under FE-25 scheme also rose to a record $3,481 million by the end of May 2006 as against $3,105 mill
Not only the overseas Pakistanis remitted home a record amount of $4,136 million during 11 months of FY06, the competing Foreign Currency Deposits (FCDs) under FE-25 scheme also rose to a record $3,481 million by the end of May 2006 as against $3,105 mill
The government has allowed release of confiscated, used and second-hand auto parts on payment of 30 percent redemption fine, in addition to leviable duties and taxes. The CBR has amended SRO 574(I)/2005 through a notification issued on Monday.
The government has allowed release of confiscated, used and second-hand auto parts on payment of 30 percent redemption fine, in addition to leviable duties and taxes. The CBR has amended SRO 574(I)/2005 through a notification issued on Monday.
The government has allowed release of confiscated, used and second-hand auto parts on payment of 30 percent redemption fine, in addition to leviable duties and taxes. The CBR has amended SRO 574(I)/2005 through a notification issued on Monday.
The government has allowed release of confiscated, used and second-hand auto parts on payment of 30 percent redemption fine, in addition to leviable duties and taxes. The CBR has amended SRO 574(I)/2005 through a notification issued on Monday.
The government has allowed release of confiscated, used and second-hand auto parts on payment of 30 percent redemption fine, in addition to leviable duties and taxes. The CBR has amended SRO 574(I)/2005 through a notification issued on Monday.
The government on Monday formally turned down the Pakistan Sugar Mills Association (PSMA) offer for sale of sugar at imported rates, saying "it need not to buy stocks from the open market to stabilise rates and give the benefit to the poor".
The government on Monday formally turned down the Pakistan Sugar Mills Association (PSMA) offer for sale of sugar at imported rates, saying "it need not to buy stocks from the open market to stabilise rates and give the benefit to the poor".
The government on Monday formally turned down the Pakistan Sugar Mills Association (PSMA) offer for sale of sugar at imported rates, saying "it need not to buy stocks from the open market to stabilise rates and give the benefit to the poor".
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 Comm
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
The futures moved with little change on the forward cottonseed oilcake market on Monday as many players made some buying to meet the immediate needs, dealers said.
Sluggish business was seen on the cotton market on Monday as leading buyers remained on the sidelines due to higher prices, dealers said. The spot rate was unchanged at 2525, without upcountry expenses.
Mexico's sugar industry chamber on Monday predicted production would be near 5.5 million tonnes for the 2006/2007 harvest, slightly above a previous estimate by the country's growers union. The chamber said it would have the industrial capacity to process
China's growing industrial uses for corn, including ethanol, could help boost corn consumption by one-quarter by the end of this decade, forcing the country to import 10 million tonnes a year by 2010, a senior official said on Saturday.
China, India and Iran have approached the Ghanaian government to buy cocoa directly from the world's biggest producer, Ghana's finance minister said on Sunday during a visit by Chinese Premier Wen Jiabao.
Several international firms are lining up offers for India's 2.2-million-tonne wheat import tender, bids for which will be opened on Tuesday, but top exporter the United States could be missing, traders said.
Guinea could produce 10 million tonnes of alumina a year within a decade, more than ten times its current output, as investors flock to the West African nation, an industry executive told Reuters.
Cocoa arrivals at ports in Ivory Coast reached 1.230 million tonnes between October 1 and June 18, according to a rough estimate by major exporters on Monday. That compared with 1.216 million tonnes delivered to ports in the same period in 2004/05, indust
Spot basis bids for hard red winter wheat in the US Plains held mostly steady Monday with rain delaying combining in some areas. Gulf track bid remained non-existent for June delivery but climbed to 70 cents over July futures for July delivery.
Spot basis bids for corn were mostly steady to firm around the US Midwest on Monday due to low supplies at processors and elevators, while soyabean and wheat bids were mixed, grain dealers said. Farmer selling was expected to be light on Monday as weaknes
Shanghai's gold retailers will lower their benchmark price for gold jewellery by 8 percent as of Tuesday, tracking falls in local and international gold prices, the official Shanghai TV said.
Asian clean tanker freight rates on Middle East routes rebounded on Monday, on a spurt of naphtha system barrel bookings into North Asia, shipbrokers said.
Falling trend was seen on the grain market on Monday as most of the commodities tended lower on steady supply position, dealers said. On the cereals side, moong Canada lost Rs 50 to Rs 2550 and moong dal followed suit, dropping Rs 200 to Rs 2800. Wheat Me
Singapore bunker prices fell on Monday but the premium to fuel oil cargo values remained stable on tepid demand for a sixth consecutive session, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $315-$317 a tonne, down $4 from Frida
The Karachi Port handled 210,548 tonnes of cargo including 190,597 tonnes import, 19,951 tonnes export cargo and 3,559 containers during last 48 hours ending at 0700 hours on Monday.
India's soyameal exports are expected to nearly double to 3.7 million tonnes in the year ending September 2006 on strong demand from Vietnam and Japan and competitive prices, a top trade official said on Monday.
Copper prices dipped on Monday below $7,000 a tonne on a stronger dollar and Chinese selling after moves by top commodity consumer China to slow its economic growth, with many players staying on the sidelines to await direction.
Gold prices fell 1.6 percent on Monday as the dollar's rise and weaker oil prices prompted selling by investors who are wary of taking large buy positions after last week's selloff.
Malaysian tin closed flat on Monday, ignoring a drop in London prices, as sellers held back while awaiting further developments on the LME, dealers said.
Oil prices held firm around $70 on Monday after shedding 2.4 percent last week, with dealers weighing more positive signals from Iran on its atomic programme.
The Alexandria Cotton Exporters' Association (Alcotexa) said on Monday it had committed to sell 2,143.5 tonnes of cotton in the week which ended on June 17. Alcotexa figures showed sales of 105 tonnes of Giza 45, 146 tonnes of Giza 70, 196 tonnes of Giza
Indian sugar futures fell on Monday ahead of the monthly settlement on a key commodities exchange, while soyaoil lost in anticipation of higher supplies.
Premiums on Thai sugar dipped on Monday and were expected to fall a little further due to thin demand, traders said. Offers for Thai 100 ICUMSA white sugar, considered consumer grade, for August shipment were at $7 over London prices, or $459 per tonne fr
An outbreak of contagious fungal smut disease in Australia's sugarcane crop could cause production losses of up to A$750 million ($555 million) over the next five years, industry bodies Canegrowers said.
Grain importers in Japan are likely to seek purchases of soyabean and corn this week, while South Korean imports will slow as much of buyers' needs have been covered.
Australia is close to resolving a dispute with India over contract specifications in a $90 million wheat deal but has not decided whether Indian concessions in new import rules will spur it to bid in a big new tender.
Tokyo rubber futures rebounded on Monday as players took speculative buying positions after recent falls, backed by concerns about limited supply in Thailand, traders said.