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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-01-27
Fed unanimous on need for continued stimulus

Fed unanimous on need for continued stimulus

US Federal Reserve policymakers unanimously agreed to keep crisis measures in place when they met Wednesday, batting away fears their policies risked stoking inflation. A revamped Federal Open Market Committee - the Fed's interest-rate setting panel - end
Published 27 Jan, 2011 12:00am
Fed unanimous on need for continued stimulus

Fed unanimous on need for continued stimulus

US Federal Reserve policymakers unanimously agreed to keep crisis measures in place when they met Wednesday, batting away fears their policies risked stoking inflation. A revamped Federal Open Market Committee - the Fed's interest-rate setting panel - end
Published 27 Jan, 2011 12:00am
US has al Qaeda on the run in global fight: Obama

US has al Qaeda on the run in global fight: Obama

President Barack Obama on Tuesday said the United States had al Qaeda on the run and vowed a relentless fight against the militants, from Afghanistan to the Arabian Peninsula. Nearly a decade since the attacks of September 11, 2001, Obama portrayed al Qae
Published 27 Jan, 2011 12:00am
US has al Qaeda on the run in global fight: Obama

US has al Qaeda on the run in global fight: Obama

President Barack Obama on Tuesday said the United States had al Qaeda on the run and vowed a relentless fight against the militants, from Afghanistan to the Arabian Peninsula. Nearly a decade since the attacks of September 11, 2001, Obama portrayed al Qae
Published 27 Jan, 2011 12:00am
Davos opens with power shift to South, East in focus

Davos opens with power shift to South, East in focus

The annual meeting of world elites at the Swiss ski resort of Davos opened Wednesday with executives highlighting a power shift from the advanced world to emerging markets as recovery blooms. Russian President Dmitry Medvedev arrived as expected to addres
Published 27 Jan, 2011 12:00am
Davos opens with power shift to South, East in focus

Davos opens with power shift to South, East in focus

The annual meeting of world elites at the Swiss ski resort of Davos opened Wednesday with executives highlighting a power shift from the advanced world to emerging markets as recovery blooms. Russian President Dmitry Medvedev arrived as expected to addres
Published 27 Jan, 2011 12:00am
Davos opens with power shift to South, East in focus

Davos opens with power shift to South, East in focus

The annual meeting of world elites at the Swiss ski resort of Davos opened Wednesday with executives highlighting a power shift from the advanced world to emerging markets as recovery blooms. Russian President Dmitry Medvedev arrived as expected to addres
Published 27 Jan, 2011 12:00am
US ends India''s tech restrictions

US ends India''s tech restrictions

The United States said it was ending export restrictions for India''s defence and space industries, eyeing trade with a nation shunned for more than a decade over its nuclear weapons program. President Barack Obama''s administration also said it would wel
Published 27 Jan, 2011 12:00am
US ends India's tech restrictions

US ends India's tech restrictions

The United States said it was ending export restrictions for India's defence and space industries, eyeing trade with a nation shunned for more than a decade over its nuclear weapons program. President Barack Obama's administration also said it would welco
Published 27 Jan, 2011 12:00am
US ends India's tech restrictions

US ends India's tech restrictions

The United States said it was ending export restrictions for India's defence and space industries, eyeing trade with a nation shunned for more than a decade over its nuclear weapons program. President Barack Obama's administration also said it would welco
Published 27 Jan, 2011 12:00am
Goldman launches fund based on O''''Neill''''s ''''Next 11''''

Goldman launches fund based on O''''Neill''''s ''''Next 11''''

Goldman Sachs'''' investment management arm has launched a fund that invests in less developed countries identified by the bank''''s economics guru Jim O''''Neill as most likely to emerge as powerhouses of growth in coming years. Goldman Sachs Asset Manag
Published 27 Jan, 2011 12:00am
Goldman launches fund based on O''Neill''s ''Next 11''

Goldman launches fund based on O''Neill''s ''Next 11''

Goldman Sachs'' investment management arm has launched a fund that invests in less developed countries identified by the bank''s economics guru Jim O''Neill as most likely to emerge as powerhouses of growth in coming years. Goldman Sachs Asset Management'
Published 27 Jan, 2011 12:00am
Goldman launches fund based on O'Neill's 'Next 11'

Goldman launches fund based on O'Neill's 'Next 11'

Goldman Sachs' investment management arm has launched a fund that invests in less developed countries identified by the bank's economics guru Jim O'Neill as most likely to emerge as powerhouses of growth in coming years. Goldman Sachs Asset Management's (
Published 27 Jan, 2011 12:00am
Goldman launches fund based on O'Neill's 'Next 11'

Goldman launches fund based on O'Neill's 'Next 11'

Goldman Sachs' investment management arm has launched a fund that invests in less developed countries identified by the bank's economics guru Jim O'Neill as most likely to emerge as powerhouses of growth in coming years. Goldman Sachs Asset Management's (
Published 27 Jan, 2011 12:00am
ISE index moves both ways

ISE index moves both ways

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 14.33 points as the ISE Ten Index moved from 3,073.79
Published 27 Jan, 2011 12:00am
ISE index moves both ways

ISE index moves both ways

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 14.33 points as the ISE Ten Index moved from 3,073.79
Published 27 Jan, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Wednesday and finally ended in negative zone because of profit taking in blue chips, as investors preferred intra-day trading to secure their positions.
Published 27 Jan, 2011 12:00am
Mixed sentiments prevail on LSE

Mixed sentiments prevail on LSE

Mixed sentiments prevailed on the Lahore Stock Exchange (LSE) on Wednesday and finally ended in negative zone because of profit taking in blue chips, as investors preferred intra-day trading to secure their positions.
Published 27 Jan, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
BRIndex30 down by 6.78 points

BRIndex30 down by 6.78 points

On Wednesday, BRIndex30 opened at 9,224.76. It touched an intraday high of 9,304.78 and an intraday low of 9,205.15 and closed at 9,217.98 which was -6.78 points or -0.07 percent lower than previous close. Total volume was 111,347,666, which was 79.93 per
Published 27 Jan, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
BRIndex30 down by 6.78 points

BRIndex30 down by 6.78 points

On Wednesday, BRIndex30 opened at 9,224.76. It touched an intraday high of 9,304.78 and an intraday low of 9,205.15 and closed at 9,217.98 which was -6.78 points or -0.07 percent lower than previous close. Total volume was 111,347,666, which was 79.93 per
Published 27 Jan, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
Index up 27.59 points

Index up 27.59 points

A positive trend continued on the Karachi shares market on Wednesday with KSE-100 index gaining another 27.59 points to close at the level of 12,483.34 points. The market opened on a positive note and the index hit 12,538.29 points intra-day high however,
Published 27 Jan, 2011 12:00am
Index up 27.59 points

Index up 27.59 points

A positive trend continued on the Karachi shares market on Wednesday with KSE-100 index gaining another 27.59 points to close at the level of 12,483.34 points. The market opened on a positive note and the index hit 12,538.29 points intra-day high however,
Published 27 Jan, 2011 12:00am
Index up 27.59 points

Index up 27.59 points

A positive trend continued on the Karachi shares market on Wednesday with KSE-100 index gaining another 27.59 points to close at the level of 12,483.34 points. The market opened on a positive note and the index hit 12,538.29 points intra-day high however,
Published 27 Jan, 2011 12:00am
Age limit raised for imported cars: ECC decisions endorsed by Cabinet

Age limit raised for imported cars: ECC decisions endorsed by Cabinet

The Cabi-net on Wednesday approved an increase in the age limit from three to five years for imported cars. It also directed the Finance Minister to settle the matter of salary payment to the employees of devolved ministries. Briefing media about the Cabi
Published 27 Jan, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
Age limit raised for imported cars: ECC decisions endorsed by Cabinet

Age limit raised for imported cars: ECC decisions endorsed by Cabinet

The Cabi-net on Wednesday approved an increase in the age limit from three to five years for imported cars. It also directed the Finance Minister to settle the matter of salary payment to the employees of devolved ministries. Briefing media about the Cabi
Published 27 Jan, 2011 12:00am
Age limit raised for imported cars: ECC decisions endorsed by Cabinet

Age limit raised for imported cars: ECC decisions endorsed by Cabinet

The Cabi-net on Wednesday approved an increase in the age limit from three to five years for imported cars. It also directed the Finance Minister to settle the matter of salary payment to the employees of devolved ministries. Briefing media about the Cabi
Published 27 Jan, 2011 12:00am
Cabinet reshuffle on the cards

Cabinet reshuffle on the cards

A Cabinet reshuffle is on the cards while its size would automatically be reduced with devolution of 20 ministries to provinces under the 18th Amendment, it is learnt.
Published 27 Jan, 2011 12:00am
Cabinet reshuffle on the cards

Cabinet reshuffle on the cards

A Cabinet reshuffle is on the cards while its size would automatically be reduced with devolution of 20 ministries to provinces under the 18th Amendment, it is learnt.
Published 27 Jan, 2011 12:00am
Containers'' scam: supplementary list of 65 customs officials compiled

Containers'' scam: supplementary list of 65 customs officials compiled

The Federal Board of Revenue (FBR) has compiled a supplementary list of around 65 customs officials including Additional Collectors, Deputy Collectors and other officials of Grade-17 to Grade-19, who were responsible for dealing with the Afghan transit tr
Published 27 Jan, 2011 12:00am
Containers' scam: supplementary list of 65 customs officials compiled

Containers' scam: supplementary list of 65 customs officials compiled

The Federal Board of Revenue (FBR) has compiled a supplementary list of around 65 customs officials including Additional Collectors, Deputy Collectors and other officials of Grade-17 to Grade-19, who were responsible for dealing with the Afghan transit tr
Published 27 Jan, 2011 12:00am
Containers' scam: supplementary list of 65 customs officials compiled

Containers' scam: supplementary list of 65 customs officials compiled

The Federal Board of Revenue (FBR) has compiled a supplementary list of around 65 customs officials including Additional Collectors, Deputy Collectors and other officials of Grade-17 to Grade-19, who were responsible for dealing with the Afghan transit tr
Published 27 Jan, 2011 12:00am
PSO facing major financial crunch

PSO facing major financial crunch

The cash-strapped Pakistan State Oil (PSO) with receivables accumulated to over Rs 140 billion, fears default of its Letter of Credits (LoCs) that would lead to disruption in fuel supply chain across the country.
Published 27 Jan, 2011 12:00am
PSO facing major financial crunch

PSO facing major financial crunch

The cash-strapped Pakistan State Oil (PSO) with receivables accumulated to over Rs 140 billion, fears default of its Letter of Credits (LoCs) that would lead to disruption in fuel supply chain across the country.
Published 27 Jan, 2011 12:00am
PSO facing major financial crunch

PSO facing major financial crunch

The cash-strapped Pakistan State Oil (PSO) with receivables accumulated to over Rs 140 billion, fears default of its Letter of Credits (LoCs) that would lead to disruption in fuel supply chain across the country.
Published 27 Jan, 2011 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
New administrative restructuring of FBR

New administrative restructuring of FBR

The Federal Board of Revenue (FBR) has reduced the number of FBR Members from 12 to nine under the new organisational structure with a view to eliminating overlapping of functions and continuation of reforms in the tax administration. Under the administra
Published 27 Jan, 2011 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (January 26, 2011).
Published 27 Jan, 2011 12:00am
New administrative restructuring of FBR

New administrative restructuring of FBR

The Federal Board of Revenue (FBR) has reduced the number of FBR Members from 12 to nine under the new organisational structure with a view to eliminating overlapping of functions and continuation of reforms in the tax administration. Under the administra
Published 27 Jan, 2011 12:00am
New administrative restructuring of FBR

New administrative restructuring of FBR

The Federal Board of Revenue (FBR) has reduced the number of FBR Members from 12 to nine under the new organisational structure with a view to eliminating overlapping of functions and continuation of reforms in the tax administration. Under the administra
Published 27 Jan, 2011 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 Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
FBR mistake costs exchequer dearly!

FBR mistake costs exchequer dearly!

A minor mistake of the Federal Board of Revenue in the sales tax-cum-payment challan form has caused massive loss to the exchequer, allowing power distribution companies to wrongly adjust input tax under Sales Tax Act 1990. The FBR has launched a large-sc
Published 27 Jan, 2011 12:00am
FBR mistake costs exchequer dearly!

FBR mistake costs exchequer dearly!

A minor mistake of the Federal Board of Revenue in the sales tax-cum-payment challan form has caused massive loss to the exchequer, allowing power distribution companies to wrongly adjust input tax under Sales Tax Act 1990. The FBR has launched a large-sc
Published 27 Jan, 2011 12:00am
FBR mistake costs exchequer dearly!

FBR mistake costs exchequer dearly!

A minor mistake of the Federal Board of Revenue in the sales tax-cum-payment challan form has caused massive loss to the exchequer, allowing power distribution companies to wrongly adjust input tax under Sales Tax Act 1990. The FBR has launched a large-sc
Published 27 Jan, 2011 12:00am
Pakistan granted ''green room'' status

Pakistan granted ''green room'' status

Ahead of presenting Pakistan''s case for a decisive debate on its request for more access to enhance its exports to European market on January 31, the European Commission has allowed Pakistan to sit in the ''green room'' where the member countries take im
Published 27 Jan, 2011 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 Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
Pakistan granted 'green room' status

Pakistan granted 'green room' status

Ahead of presenting Pakistan's case for a decisive debate on its request for more access to enhance its exports to European market on January 31, the European Commission has allowed Pakistan to sit in the 'green room' where the member countries take impor
Published 27 Jan, 2011 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 Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
Pakistan granted 'green room' status

Pakistan granted 'green room' status

Ahead of presenting Pakistan's case for a decisive debate on its request for more access to enhance its exports to European market on January 31, the European Commission has allowed Pakistan to sit in the 'green room' where the member countries take impor
Published 27 Jan, 2011 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 Wednesday (January 26, 2011).

Published 27 Jan, 2011 12:00am
NICL scam: Ameen Qasim Dada flees the country?

NICL scam: Ameen Qasim Dada flees the country?

A prime accused in the Rs 6 billion financial scam of National Insurance Company Limited (NICL), Ameen Qasim Dada, has, reportedly fled the country to avert his arrest despite the fact that his name was on the Exit Control List (ECL). Three other accused
Published 27 Jan, 2011 12:00am
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