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Nov 17, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2010-10-01
LME official prices

LME official prices

The following were Wednesday official prices.

Published 01 Oct, 2010 12:00am
PYMA expresses concern over reformed GST

PYMA expresses concern over reformed GST

M Iqbal Mandavia, Central Chairman, Pakistan Yarn Merchant Association (PYMA) has expressed its concern over the reformed general sales tax which they believe may destroy the textile industry and hamper exports.
Published 01 Oct, 2010 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
Ship carrying 7,000 tons of sugar arrives

Ship carrying 7,000 tons of sugar arrives

Another consignment of sugar import by Trading Corporation of Pakistan (TCP) has arrived on Thursday. According to detail MV "UNICORN 1" carrying 7,000 tons sugar has berthed at KPT and started discharging from 28-09-2010. While two more ships, MV "INDIAN
Published 01 Oct, 2010 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
PTEA for continuation of zero-rated ST facility on exports

PTEA for continuation of zero-rated ST facility on exports

Continuation of zero rated sales tax facility on exports and emergent release of outstanding refund amounts will be treated on top priority to enable the textile exporters to retain their hard won export markets at this time of severe international recess
Published 01 Oct, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
Power shortfall rises to 3,800 Megawatts

Power shortfall rises to 3,800 Megawatts

The electricity shortfall between supply and demand has risen to 3,800MW after 500MW reduction in the hydel power generation and 500MW increase in demand despite relatively pleasant weather in plains of Punjab and northern parts of the country.
Published 01 Oct, 2010 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
President and Senior VP of MCCI take charge of offices

President and Senior VP of MCCI take charge of offices

Newly elected President of the Multan Chamber of Commerce and Industry (MCCI) Shahid Naseem Khokhar and Senior Vice President Sheikh Atta Shafi Tanvir took the charge of their offices in a simple but impressive ceremony which was chaired by the outgoing p
Published 01 Oct, 2010 12:00am
Floods caused $50 billion financial losses: Rana Mashhood

Floods caused $50 billion financial losses: Rana Mashhood

Deputy Speaker Punjab Assembly Rana Mashhood Ahmad Khan on Thursday stated that floods have devastated economy of many areas and around $50 billion financial losses have occurred so far. Speaking at a seminar organised by PILDAT, attended by legislators D
Published 01 Oct, 2010 12:00am
Functioning of CSTRO: FBR issues funds utilisation procedure

Functioning of CSTRO: FBR issues funds utilisation procedure

The Federal Board of Revenue (FBR) has issued a procedure for utilisation of funds for functioning of the Centralised Sales Tax Refund Office (CSTRO). According to the FBR notification issued here on Thursday, in the light of the decision taken in the mee
Published 01 Oct, 2010 12:00am
THE RUPEE: all-time low

THE RUPEE: all-time low

The rupee failed to break the jinx on Thursday, hitting all-time low versus the dollar on both open and interbank markets, dealers said. The rupee lost eight paisa against the dollar for buying at 86.28. It shed seven paisa for selling at 86.32, they said
Published 01 Oct, 2010 12:00am
Supreme Court orders appointment of NAB chief in 10 days

Supreme Court orders appointment of NAB chief in 10 days

Rejecting the government request, seeking three weeks' time, for appointment of National Accountability Bureau (NAB) Chairman, Supreme Court Thursday directed appointment of NAB chairman in 10 days. Attorney general Molvi Anwar-ul-Haq requested the apex c
Published 01 Oct, 2010 12:00am
THE RUPEE: all-time low

THE RUPEE: all-time low

The rupee failed to break the jinx on Thursday, hitting all-time low versus the dollar on both open and interbank markets, dealers said. The rupee lost eight paisa against the dollar for buying at 86.28. It shed seven paisa for selling at 86.32, they said
Published 01 Oct, 2010 12:00am
'Kashmir solution to guarantee peace in South Asia'

'Kashmir solution to guarantee peace in South Asia'

Speakers at the National Kashmir Conference held under the aegis of the Jamaat-i-Islami, Pakistan at its headquarters Mansoora on Thursday said that real and lasting peace in South Asia depended on the solution of the Kashmir issue in accordance with the
Published 01 Oct, 2010 12:00am
Moon Market equipped with state of the art security system

Moon Market equipped with state of the art security system

Lahore Chamber of Commerce and Industry (LCCI), while fulfilling its corporate social responsibility, has provided state of the art security system including night vision security cameras and surveillance systems with complete backup arrangements in Moon
Published 01 Oct, 2010 12:00am
Breast cancer causing 40,000 deaths every year: expert

Breast cancer causing 40,000 deaths every year: expert

Pakistan has the highest rate of breast cancer as compared to any Asian population, accounting to 40,000 deaths every year, whereas information available on breast cancer is very insignificant with only advanced cases of breast cancer being reported.
Published 01 Oct, 2010 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
Karachi registers fifth 'Dengue Fever' death

Karachi registers fifth 'Dengue Fever' death

Rustam, a 22 year worker died of Dengue Fever at Abbasi Shaheed Hospital here on Thursday that brought the total casualty to five in 10 days in the metropolis. Dr Shakil Mallik, Co-ordinator, Dengue Surveillance Cell - Sindh Karachi told media that the de
Published 01 Oct, 2010 12:00am
Medical officers to be promoted shortly

Medical officers to be promoted shortly

The health department has taken steps for timely promotion of Medical Officers (MOs), a spokesman of the health department said here on Thursday. The health department would also recruit staff including nurses to overcome shortage of staff in hospitals.
Published 01 Oct, 2010 12:00am
Musharraf says military needs a political role

Musharraf says military needs a political role

Former president Pervez Musharraf says there should be a return to a political role for the country's armed forces. Musharraf told a meeting in central London on Wednesday that the country's army could improve Pakistan's current, civilian government led b
Published 01 Oct, 2010 12:00am
Musharraf says military needs a political role

Musharraf says military needs a political role

Former president Pervez Musharraf says there should be a return to a political role for the country's armed forces. Musharraf told a meeting in central London on Wednesday that the country's army could improve Pakistan's current, civilian government led b
Published 01 Oct, 2010 12:00am
Furnace oil prices increased up to Rs 783 per ton

Furnace oil prices increased up to Rs 783 per ton

Oil Marketing Companies (OMCs) on Thursday announced increase in furnace oil prices upto Rs 783 per ton due to continuous rising trend in the world oil prices, dealers said. They said all the leading OMCs including Pakistan State Oil and Shell Pakistan ha
Published 01 Oct, 2010 12:00am
Furnace oil prices increased up to Rs 783 per ton

Furnace oil prices increased up to Rs 783 per ton

Oil Marketing Companies (OMCs) on Thursday announced increase in furnace oil prices upto Rs 783 per ton due to continuous rising trend in the world oil prices, dealers said. They said all the leading OMCs including Pakistan State Oil and Shell Pakistan ha
Published 01 Oct, 2010 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2010 12:00am
Furnace oil prices increased up to Rs 783 per ton

Furnace oil prices increased up to Rs 783 per ton

Oil Marketing Companies (OMCs) on Thursday announced increase in furnace oil prices upto Rs 783 per ton due to continuous rising trend in the world oil prices, dealers said. They said all the leading OMCs including Pakistan State Oil and Shell Pakistan ha
Published 01 Oct, 2010 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2010 12:00am
Recomposed index goes into effect from today

Recomposed index goes into effect from today

Karachi Stock Exchange (KSE) has carried-out the re-composition exercise of KSE-100 index companies for the review period from March 2010 to August 2010, as per the Re-composition Rules of KSE-100 Index. The KSE in its notice issued here on Thursday said
Published 01 Oct, 2010 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Oct, 2010 12:00am
Recomposed index goes into effect from today

Recomposed index goes into effect from today

Karachi Stock Exchange (KSE) has carried-out the re-composition exercise of KSE-100 index companies for the review period from March 2010 to August 2010, as per the Re-composition Rules of KSE-100 Index. The KSE in its notice issued here on Thursday said
Published 01 Oct, 2010 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 01 Oct, 2010 12:00am
Recomposed index goes into effect from today

Recomposed index goes into effect from today

Karachi Stock Exchange (KSE) has carried-out the re-composition exercise of KSE-100 index companies for the review period from March 2010 to August 2010, as per the Re-composition Rules of KSE-100 Index. The KSE in its notice issued here on Thursday said
Published 01 Oct, 2010 12:00am
Petrol prices reduced nominally

Petrol prices reduced nominally

The government on Thursday announced nominal cut in petrol prices in line with reduction in global prices effective today (Friday). However, the government raised prices of some products such as kerosene oil, JP-1, JP-4 and JP-8 in line with hike in globa
Published 01 Oct, 2010 12:00am
Petrol prices reduced nominally

Petrol prices reduced nominally

The government on Thursday announced nominal cut in petrol prices in line with reduction in global prices effective today (Friday). However, the government raised prices of some products such as kerosene oil, JP-1, JP-4 and JP-8 in line with hike in globa
Published 01 Oct, 2010 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Oct, 2010 12:00am
Petrol prices reduced nominally

Petrol prices reduced nominally

The government on Thursday announced nominal cut in petrol prices in line with reduction in global prices effective today (Friday). However, the government raised prices of some products such as kerosene oil, JP-1, JP-4 and JP-8 in line with hike in globa
Published 01 Oct, 2010 12:00am
Government decides to restrict public sector wheat procurement

Government decides to restrict public sector wheat procurement

Government has decided to restrict wheat procurement to the public sector in an effort to build strategic reserves at an indicative issue price of Rs 975 per 40 kg for the year 2010-11. Sources revealed to Business Recorder that the Economic Co-ord
Published 01 Oct, 2010 12:00am
Government decides to restrict public sector wheat procurement

Government decides to restrict public sector wheat procurement

Government has decided to restrict wheat procurement to the public sector in an effort to build strategic reserves at an indicative issue price of Rs 975 per 40 kg for the year 2010-11. Sources revealed to Business Recorder that the Economic Co-ord
Published 01 Oct, 2010 12:00am
Government decides to restrict public sector wheat procurement

Government decides to restrict public sector wheat procurement

Government has decided to restrict wheat procurement to the public sector in an effort to build strategic reserves at an indicative issue price of Rs 975 per 40 kg for the year 2010-11. Sources revealed to Business Recorder that the Economic Co-ord
Published 01 Oct, 2010 12:00am
NSS profit rate enhanced

NSS profit rate enhanced

The federal government in view of increasing trend in the interest rate scenario and in line with the policy of the government to offer comparative market based rates to investors of National Savings Schemes has enhanced the rate of profit on these Scheme
Published 01 Oct, 2010 12:00am
NSS profit rate enhanced

NSS profit rate enhanced

The federal government in view of increasing trend in the interest rate scenario and in line with the policy of the government to offer comparative market based rates to investors of National Savings Schemes has enhanced the rate of profit on these Scheme
Published 01 Oct, 2010 12:00am
NSS profit rate enhanced

NSS profit rate enhanced

The federal government in view of increasing trend in the interest rate scenario and in line with the policy of the government to offer comparative market based rates to investors of National Savings Schemes has enhanced the rate of profit on these Scheme
Published 01 Oct, 2010 12:00am
Council of Islamic Ideology employee arrested

Council of Islamic Ideology employee arrested

An employee at Islamic advisory body has been detained for allegedly playing an important role in assisting the failed New York Times Square car bomber, an intelligence officer said Thursday.
Published 01 Oct, 2010 12:00am
Council of Islamic Ideology employee arrested

Council of Islamic Ideology employee arrested

An employee at Islamic advisory body has been detained for allegedly playing an important role in assisting the failed New York Times Square car bomber, an intelligence officer said Thursday.
Published 01 Oct, 2010 12:00am
US military faces strains after decade of war: Gates

US military faces strains after decade of war: Gates

US Defence Secretary Robert Gates warned on Wednesday that nearly a decade of fighting in Iraq and Afghanistan has heightened trends that could ultimately alienate the all-volunteer military from the society it defends.
Published 01 Oct, 2010 12:00am
US military faces strains after decade of war: Gates

US military faces strains after decade of war: Gates

US Defence Secretary Robert Gates warned on Wednesday that nearly a decade of fighting in Iraq and Afghanistan has heightened trends that could ultimately alienate the all-volunteer military from the society it defends.
Published 01 Oct, 2010 12:00am
China warns US bill on yuan could hurt trade ties

China warns US bill on yuan could hurt trade ties

China on Thursday rejected US legislation seeking to punish Beijing for allegedly manipulating its currency, warning that pressure on the yuan issue could ''severely damage'' trade ties. Beijing also said the bill overwhelmingly approved by the US House o
Published 01 Oct, 2010 12:00am
China warns US bill on yuan could hurt trade ties

China warns US bill on yuan could hurt trade ties

China on Thursday rejected US legislation seeking to punish Beijing for allegedly manipulating its currency, warning that pressure on the yuan issue could 'severely damage' trade ties. Beijing also said the bill overwhelmingly approved by the US House of
Published 01 Oct, 2010 12:00am
China warns US bill on yuan could hurt trade ties

China warns US bill on yuan could hurt trade ties

China on Thursday rejected US legislation seeking to punish Beijing for allegedly manipulating its currency, warning that pressure on the yuan issue could 'severely damage' trade ties. Beijing also said the bill overwhelmingly approved by the US House of
Published 01 Oct, 2010 12:00am
Pakistan''s foreign exchange reserves hit $16.78 billion record level

Pakistan''s foreign exchange reserves hit $16.78 billion record level

The country''s total liquid foreign exchange reserves reached highest-ever level of $16.788 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan the country''s total liquid foreign exchange reserves
Published 01 Oct, 2010 12:00am
Pakistan's foreign exchange reserves hit $16.78 billion record level

Pakistan's foreign exchange reserves hit $16.78 billion record level

The country's total liquid foreign exchange reserves reached highest-ever level of $16.788 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan the country's total liquid foreign exchange reserves po
Published 01 Oct, 2010 12:00am
Pakistan's foreign exchange reserves hit $16.78 billion record level

Pakistan's foreign exchange reserves hit $16.78 billion record level

The country's total liquid foreign exchange reserves reached highest-ever level of $16.788 billion because of high foreign inflows sent by overseas Pakistanis. According to the State Bank of Pakistan the country's total liquid foreign exchange reserves po
Published 01 Oct, 2010 12:00am
18th Amendment case: Supreme Court reserves judgement

18th Amendment case: Supreme Court reserves judgement

The Supreme Court reserved its verdict on the petitions challenging various articles of the 18th Amendment, notably the new methodology for appointment of superior courts' judges. A 17-member larger bench of the Supreme Court, headed by Chief Justice Ifti
Published 01 Oct, 2010 12:00am
18th Amendment case: Supreme Court reserves judgement

18th Amendment case: Supreme Court reserves judgement

The Supreme Court reserved its verdict on the petitions challenging various articles of the 18th Amendment, notably the new methodology for appointment of superior courts' judges. A 17-member larger bench of the Supreme Court, headed by Chief Justice Ifti
Published 01 Oct, 2010 12:00am
EU sets out plans for regular bank stress tests

EU sets out plans for regular bank stress tests

The European Union will make health checks of banks a regular event and the results will be published in full, the bloc's presidency said on Thursday. In July, just seven European banks failed such a check-up and were ordered to raise their capital by a t
Published 01 Oct, 2010 12:00am
IMF sees outsized drag on growth from budget austerity

IMF sees outsized drag on growth from budget austerity

The International Monetary Fund said Thursday that budget austerity programs, like those underway in Europe, would dampen economic growth more than usual in the short term. Tax hikes and spending cuts used to reduce budget deficits typically lower growth
Published 01 Oct, 2010 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (September 30, 2010).

Published 01 Oct, 2010 12:00am
Bears dominate ISE

Bears dominate ISE

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 0.94 points, as the Index moved from 2,558.37 to 2,557.43 points.
Published 01 Oct, 2010 12:00am
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