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Apr 02, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-09-04
UPS cargo plane crashes in Dubai

UPS cargo plane crashes in Dubai

A jumbo jet belonging to US courier United Parcel Services (UPS) crashed on Friday evening near Dubai airport, killing both crew members, civil aviation officials said. "The bodies of two of the pilots of the plane," a Boeing 747-400, were found at the sc
Published 04 Sep, 2010 12:00am
FBR effects major changes in income tax return form

FBR effects major changes in income tax return form

Taking into account recommendations received from various tax lawyers and consultants, the Federal Board of Revenue has introduced some major changes in the income tax return form for Association of Persons (AOPs) and individuals for the Tax Year 2010. Un
Published 04 Sep, 2010 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 04 Sep, 2010 12:00am
FBR effects major changes in income tax return form

FBR effects major changes in income tax return form

Taking into account recommendations received from various tax lawyers and consultants, the Federal Board of Revenue has introduced some major changes in the income tax return form for Association of Persons (AOPs) and individuals for the Tax Year 2010. Un
Published 04 Sep, 2010 12:00am
New York cotton

New York cotton

Thursday's closing prices of New York cotton in US cents/lb.

Published 04 Sep, 2010 12:00am
Advance tax on online transfers: FBR replies to PBA query

Advance tax on online transfers: FBR replies to PBA query

The Federal Board of Revenue (FBR) has informed the Pakistan Banks Association (PBA) Karachi that the online transfer of funds could not be termed as 'Cash Deposited in Bank Account' and advance tax is deductible at the time of transfer of any sum against
Published 04 Sep, 2010 12:00am
Advance tax on online transfers: FBR replies to PBA query

Advance tax on online transfers: FBR replies to PBA query

The Federal Board of Revenue (FBR) has informed the Pakistan Banks Association (PBA) Karachi that the online transfer of funds could not be termed as 'Cash Deposited in Bank Account' and advance tax is deductible at the time of transfer of any sum against
Published 04 Sep, 2010 12:00am
State Bank of Pakistan conversion rates

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 04 Sep, 2010 12:00am
Advance tax on online transfers: FBR replies to PBA query

Advance tax on online transfers: FBR replies to PBA query

The Federal Board of Revenue (FBR) has informed the Pakistan Banks Association (PBA) Karachi that the online transfer of funds could not be termed as ''Cash Deposited in Bank Account'' and advance tax is deductible at the time of transfer of any sum again
Published 04 Sep, 2010 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 Comm
Published 04 Sep, 2010 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 (September 03, 2010).

Published 04 Sep, 2010 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
KESC raises $280 million for 560 megawatts power plant

KESC raises $280 million for 560 megawatts power plant

The Karachi Electric Supply Company (KESC) has raised $280 million from International Finance Corporation (IFC), Asian Development Bank (ADB) and local lenders to set up 560 MW Combined Cycle Power Plant (CCPP), Business Recorder has learnt.
Published 04 Sep, 2010 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
KESC raises $280 million for 560 megawatts power plant

KESC raises $280 million for 560 megawatts power plant

The Karachi Electric Supply Company (KESC) has raised $280 million from International Finance Corporation (IFC), Asian Development Bank (ADB) and local lenders to set up 560 MW Combined Cycle Power Plant (CCPP), Business Recorder has learnt.
Published 04 Sep, 2010 12:00am
KESC raises $280 million for 560 megawatts power plant

KESC raises $280 million for 560 megawatts power plant

The Karachi Electric Supply Company (KESC) has raised $280 million from International Finance Corporation (IFC), Asian Development Bank (ADB) and local lenders to set up 560 MW Combined Cycle Power Plant (CCPP), Business Recorder has learnt.
Published 04 Sep, 2010 12:00am
Sonia Gandhi re-elected chief of Congress party

Sonia Gandhi re-elected chief of Congress party

Italian-born Sonia Gandhi was Friday elected president of India's ruling Congress party for the fourth successive term, becoming the longest-serving chief of the country's oldest political party. "Congress workers have all elected me unopposed as head of
Published 04 Sep, 2010 12:00am
Sonia Gandhi re-elected chief of Congress party

Sonia Gandhi re-elected chief of Congress party

Italian-born Sonia Gandhi was Friday elected president of India's ruling Congress party for the fourth successive term, becoming the longest-serving chief of the country's oldest political party. "Congress workers have all elected me unopposed as head of
Published 04 Sep, 2010 12:00am
Bill buying rates per unit of 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 Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
Index loses 59.83 points

Index loses 59.83 points

The KSE-100 index on Friday declined by 59.83 points and closed at the level of 9,703.06 points due to selling mainly by local investors. Trading remained low and the volume at ready counter declined to 37.515 million shares as compared to 43.817 million
Published 04 Sep, 2010 12:00am
Index loses 59.83 points

Index loses 59.83 points

The KSE-100 index on Friday declined by 59.83 points and closed at the level of 9,703.06 points due to selling mainly by local investors. Trading remained low and the volume at ready counter declined to 37.515 million shares as compared to 43.817 million
Published 04 Sep, 2010 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (September 03, 2010).
Published 04 Sep, 2010 12:00am
Index loses 59.83 points

Index loses 59.83 points

The KSE-100 index on Friday declined by 59.83 points and closed at the level of 9,703.06 points due to selling mainly by local investors. Trading remained low and the volume at ready counter declined to 37.515 million shares as compared to 43.817 million
Published 04 Sep, 2010 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
BRIndex30 down 83.40 points

BRIndex30 down 83.40 points

On Friday, the BRIndex30 opened at 7,554.27 points and touched the intra-day high of 7,526.28 points and low of 7,470.87 points and closed at 7,470.87 points with a net negative change of -83.40 points, or -1.1 percent.
Published 04 Sep, 2010 12:00am
BRIndex30 down 83.40 points

BRIndex30 down 83.40 points

On Friday, the BRIndex30 opened at 7,554.27 points and touched the intra-day high of 7,526.28 points and low of 7,470.87 points and closed at 7,470.87 points with a net negative change of -83.40 points, or -1.1 percent.
Published 04 Sep, 2010 12:00am
ISE index down 11.39 points

ISE index down 11.39 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in the index. ISE Ten Index was down by 11.39 points, as the Index moved from 2,516.63 to 2,505.24 poi
Published 04 Sep, 2010 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
ISE index down 11.39 points

ISE index down 11.39 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in the index. ISE Ten Index was down by 11.39 points, as the Index moved from 2,516.63 to 2,505.24 poi
Published 04 Sep, 2010 12:00am
LSE index sheds 23.28 points

LSE index sheds 23.28 points

Depressed sentiment continued at Lahore Stock Exchange on Friday and the equities registered losses under the lead of blue chips amid lacklustre situation. The LSE-25 index declined by 23.28 points to 3067.34 points against 3090.62 of Thursday, while tran
Published 04 Sep, 2010 12:00am
LSE index sheds 23.28 points

LSE index sheds 23.28 points

Depressed sentiment continued at Lahore Stock Exchange on Friday and the equities registered losses under the lead of blue chips amid lacklustre situation. The LSE-25 index declined by 23.28 points to 3067.34 points against 3090.62 of Thursday, while tran
Published 04 Sep, 2010 12:00am
Manzoor takes over as President and CEO of KASB

Manzoor takes over as President and CEO of KASB

Mohammad Aftab Manzoor has taken over as President and Chief Executive of KASB Bank Limited from September 01, 2010. Aftab Manzoor, a seasoned banker, brings with him 27 years of diverse national and international experience in banking having served for 1
Published 04 Sep, 2010 12:00am
Manzoor takes over as President and CEO of KASB

Manzoor takes over as President and CEO of KASB

Mohammad Aftab Manzoor has taken over as President and Chief Executive of KASB Bank Limited from September 01, 2010. Aftab Manzoor, a seasoned banker, brings with him 27 years of diverse national and international experience in banking having served for 1
Published 04 Sep, 2010 12:00am
Manzoor takes over as President and CEO of KASB

Manzoor takes over as President and CEO of KASB

Mohammad Aftab Manzoor has taken over as President and Chief Executive of KASB Bank Limited from September 01, 2010. Aftab Manzoor, a seasoned banker, brings with him 27 years of diverse national and international experience in banking having served for 1
Published 04 Sep, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 04 Sep, 2010 12:00am
NIB starts evening banking services

NIB starts evening banking services

The NIB Bank has obtained special approval from the State Bank of Pakistan to keep 21 branches open for evening banking services from Monday to Saturday between 8.30 pm and 10.30 pm for most banking transactions. NIB Bank will also keep 81 branches open o
Published 04 Sep, 2010 12:00am
NIB starts evening banking services

NIB starts evening banking services

The NIB Bank has obtained special approval from the State Bank of Pakistan to keep 21 branches open for evening banking services from Monday to Saturday between 8.30 pm and 10.30 pm for most banking transactions. NIB Bank will also keep 81 branches open o
Published 04 Sep, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 04 Sep, 2010 12:00am
NIB starts evening banking services

NIB starts evening banking services

The NIB Bank has obtained special approval from the State Bank of Pakistan to keep 21 branches open for evening banking services from Monday to Saturday between 8.30 pm and 10.30 pm for most banking transactions. NIB Bank will also keep 81 branches open o
Published 04 Sep, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Sep, 2010 12:00am
Japan imposes additional sanctions on Iran

Japan imposes additional sanctions on Iran

Japan slapped additional sanctions on Iran over its disputed nuclear programme on Friday, following the United States and European Union in pressuring Tehran despite Tokyo's reliance on oil imports from the country. The sanctions that go beyond requiremen
Published 04 Sep, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 04 Sep, 2010 12:00am
Japan imposes additional sanctions on Iran

Japan imposes additional sanctions on Iran

Japan slapped additional sanctions on Iran over its disputed nuclear programme on Friday, following the United States and European Union in pressuring Tehran despite Tokyo's reliance on oil imports from the country. The sanctions that go beyond requiremen
Published 04 Sep, 2010 12:00am
Tax collection figures: AGP detects Rs 1.45 billion discrepancies

Tax collection figures: AGP detects Rs 1.45 billion discrepancies

The Auditor-General of Pakistan (AGP) has detected Rs 1.45 billion discrepancies in the figures of direct and indirect taxes reported by Divisional Account Officers (DAOs) in 2008-09. According to the management report on financial statement revenue recei
Published 04 Sep, 2010 12:00am
Tax collection figures: AGP detects Rs 1.45 billion discrepancies

Tax collection figures: AGP detects Rs 1.45 billion discrepancies

The Auditor-General of Pakistan (AGP) has detected Rs 1.45 billion discrepancies in the figures of direct and indirect taxes reported by Divisional Account Officers (DAOs) in 2008-09. According to the management report on financial statement revenue recei
Published 04 Sep, 2010 12:00am
Tax collection figures: AGP detects Rs 1.45 billion discrepancies

Tax collection figures: AGP detects Rs 1.45 billion discrepancies

The Auditor-General of Pakistan (AGP) has detected Rs 1.45 billion discrepancies in the figures of direct and indirect taxes reported by Divisional Account Officers (DAOs) in 2008-09. According to the management report on financial statement revenue recei
Published 04 Sep, 2010 12:00am
Fair distribution of new banknotes: SBP to carry out spot investigation

Fair distribution of new banknotes: SBP to carry out spot investigation

In order to ensure equity and fair provision of currency notes to the general public by banks, the State Bank of Pakistan (SBP) has started spot investigation of various branches of banks and mystery shopping of fresh notes from the market. So far, some R
Published 04 Sep, 2010 12:00am
Fair distribution of new banknotes: SBP to carry out spot investigation

Fair distribution of new banknotes: SBP to carry out spot investigation

In order to ensure equity and fair provision of currency notes to the general public by banks, the State Bank of Pakistan (SBP) has started spot investigation of various branches of banks and mystery shopping of fresh notes from the market. So far, some R
Published 04 Sep, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 03, 2010).

Published 04 Sep, 2010 12:00am
Fair distribution of new banknotes: SBP to carry out spot investigation

Fair distribution of new banknotes: SBP to carry out spot investigation

In order to ensure equity and fair provision of currency notes to the general public by banks, the State Bank of Pakistan (SBP) has started spot investigation of various branches of banks and mystery shopping of fresh notes from the market. So far, some R
Published 04 Sep, 2010 12:00am
'Trade not aid' is slogan of government: Zardari

'Trade not aid' is slogan of government: Zardari

President Asif Ali Zardari said on Friday that all details regarding the inflow of foreign aid for flood victims, its utilisation and distribution should be placed on the web-site to ensure a greater transparency. He was talking to leading anchorpersons a
Published 04 Sep, 2010 12:00am
'Trade not aid' is slogan of government: Zardari

'Trade not aid' is slogan of government: Zardari

President Asif Ali Zardari said on Friday that all details regarding the inflow of foreign aid for flood victims, its utilisation and distribution should be placed on the web-site to ensure a greater transparency. He was talking to leading anchorpersons a
Published 04 Sep, 2010 12:00am
''Trade not aid'' is slogan of government: Zardari

''Trade not aid'' is slogan of government: Zardari

President Asif Ali Zardari said on Friday that all details regarding the inflow of foreign aid for flood victims, its utilisation and distribution should be placed on the web-site to ensure a greater transparency. He was talking to leading anchorpersons a
Published 04 Sep, 2010 12:00am
Gas blast hits Hare Krishna temple in Britain

Gas blast hits Hare Krishna temple in Britain

An apparent gas explosion ripped through a Hare Krishna temple in central England on Friday, fire-fighters said. No one was hurt. Rescue workers using dogs scoured the rubble after reports that worshippers had been trapped inside the temple in Leicester,
Published 04 Sep, 2010 12:00am
Gas blast hits Hare Krishna temple in Britain

Gas blast hits Hare Krishna temple in Britain

An apparent gas explosion ripped through a Hare Krishna temple in central England on Friday, fire-fighters said. No one was hurt. Rescue workers using dogs scoured the rubble after reports that worshippers had been trapped inside the temple in Leicester,
Published 04 Sep, 2010 12:00am
UPS cargo plane crashes in Dubai

UPS cargo plane crashes in Dubai

A jumbo jet belonging to US courier United Parcel Services (UPS) crashed on Friday evening near Dubai airport, killing both crew members, civil aviation officials said. "The bodies of two of the pilots of the plane," a Boeing 747-400, were found at the sc
Published 04 Sep, 2010 12:00am
THE RUPEE: dollar mixed

THE RUPEE: dollar mixed

KARACHI: Rates moved both ways on the currency market on Friday in process of strong demand for dollars, dealers said. The rupee lost five paisa versus dollar for buying at 85.65 and it also fell by six paisa for selling at 85.70, they said.
Published 04 Sep, 2010 12:00am
72 by-elections held so far

72 by-elections held so far

Election Commission of Pakistan has so far arranged seventy two by-elections for the seats of senate national and provincial assemblies since 2008 General Elections. These by-elections included two for senate seats, while 70 by-elections were held at vari
Published 04 Sep, 2010 12:00am
Air Chief visits flood affected areas

Air Chief visits flood affected areas

Chief of the Air Staff, Pakistan Air Force, Air Chief Marshal Rao Qamar Suleman, flew over the flood affected areas of Punjab and Sindh and met the flood affected families. A PAF statement here on Friday said that he was briefed about the PAF flood relief
Published 04 Sep, 2010 12:00am
CoAS commends Afghan army's relief efforts

CoAS commends Afghan army's relief efforts

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani met Afghan National Army rescue crew engaged in relief activities in the flood-hit areas, at Chaklala Airbase on Friday. Kayani appreciated the valuable aviation support rendered by the army and als
Published 04 Sep, 2010 12:00am
Pharmaceutical Industry donates medicines worth Rs 100 million

Pharmaceutical Industry donates medicines worth Rs 100 million

Pakistan's Pharmaceutical Industry has fulfilled its commitment to donate medicines worth Rs 100 million for the treatment of flood victims, said Chairman Pakistan Pharmaceutical Manufacturers Association (PPMA) Mian Asad Shuja-ur-Rehman and Co-Chairman P
Published 04 Sep, 2010 12:00am
SALU to distribute three truckloads of relief items

SALU to distribute three truckloads of relief items

Shah Abdul Latif University (SALU) Khairpur will distribute three truckloads of relief goods as "Eid Package" among the flood affectees sheltered at Shadi Shaheed, Old University Campus, A SALU meeting decided on Friday. The meeting of the university's fl
Published 04 Sep, 2010 12:00am
Flood victims' protests hamper aid efforts

Flood victims' protests hamper aid efforts

Angry outbursts by flood victims reliant on scarce aid are hampering relief work, the Red Cross said, as the nation struggles to cope with its worst-ever natural disaster. A month after monsoons triggered catastrophic flooding throughout the country, subm
Published 04 Sep, 2010 12:00am
Baby girl born in relief camp

Baby girl born in relief camp

A baby girl is born to a flood victim Rukhsana presently staying in KESC's Care Camp at Makli, Thatta. The 30 year old woman arrived at the Camp five days ago with her husband and children. She was provided medical support in the Camp and was taken to Civ
Published 04 Sep, 2010 12:00am
Karachi city government hosting over 66,000 survivors

Karachi city government hosting over 66,000 survivors

With the arrival of more 2000 flood survivors the number of flood affectees staying in various relief camps set up in the city reached to over 66000 on Friday. The number of affectees in 47 relief camps, run by City Government, has reached over 62,000.
Published 04 Sep, 2010 12:00am
World community urged to write off loans to Pakistan

World community urged to write off loans to Pakistan

Punjab Finance Minister Tanvir Ashraf Kaira on Friday observed that although all available resources were being provided to the flood affectees for their early rehabilitation, but the large scale devastation needed more help and aid from international com
Published 04 Sep, 2010 12:00am
Iranian minister asks Islamic world to help flood-hit people

Iranian minister asks Islamic world to help flood-hit people

Iranian Interior Minister, Mostafa Mohammad Najjar has requested Islamic world to come forward and help people of Pakistan in these testing times. "I request the Islamic world to contribute generously for flood affected people of Pakistan and help them to
Published 04 Sep, 2010 12:00am
Nafa Government Securities Liquid Fund

Nafa Government Securities Liquid Fund

Pakistan Credit Rating Agency (PACRA) has upgraded the stability rating of NAFA Government Securities Liquid Fund (NGSLF) to 'AAA (f)' (previous rating: 'AA+ (f)). NGSLF is an open-end short-term Government Securities money market fund. The Fund's rating
Published 04 Sep, 2010 12:00am
Nafa Government Securities Liquid Fund

Nafa Government Securities Liquid Fund

Pakistan Credit Rating Agency (PACRA) has upgraded the stability rating of NAFA Government Securities Liquid Fund (NGSLF) to 'AAA (f)' (previous rating: 'AA+ (f)). NGSLF is an open-end short-term Government Securities money market fund. The Fund's rating
Published 04 Sep, 2010 12:00am
Rs 10 billion allocated for flood victims: Farzana

Rs 10 billion allocated for flood victims: Farzana

Federal Minister and Chairperson Benazir Income Support Programme (BISP), Farzana Raja has said that the post flood situation in Pakistan demands collective efforts for relief and rehabilitation of the flood affected people and it ought to be done with a
Published 04 Sep, 2010 12:00am
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