AIRLINK 173.15 Increased By ▲ 15.74 (10%)
BOP 10.65 Increased By ▲ 0.28 (2.7%)
CNERGY 8.52 Increased By ▲ 0.20 (2.4%)
CPHL 97.46 Increased By ▲ 4.57 (4.92%)
FCCL 47.25 Increased By ▲ 0.52 (1.11%)
FFL 15.42 Increased By ▲ 0.54 (3.63%)
FLYNG 28.13 Increased By ▲ 1.15 (4.26%)
HUBC 138.91 Increased By ▲ 4.90 (3.66%)
HUMNL 12.81 Increased By ▲ 0.29 (2.32%)
KEL 4.54 Increased By ▲ 0.33 (7.84%)
KOSM 5.55 Increased By ▲ 0.16 (2.97%)
MLCF 62.26 Increased By ▲ 1.38 (2.27%)
OGDC 214.75 Increased By ▲ 6.23 (2.99%)
PACE 5.55 Increased By ▲ 0.15 (2.78%)
PAEL 44.86 Increased By ▲ 4.08 (10%)
PIAHCLA 18.70 Decreased By ▼ -0.10 (-0.53%)
PIBTL 10.74 Increased By ▲ 0.76 (7.62%)
POWER 12.26 Increased By ▲ 0.30 (2.51%)
PPL 173.87 Increased By ▲ 5.10 (3.02%)
PRL 36.22 Increased By ▲ 1.19 (3.4%)
PTC 23.56 Increased By ▲ 0.57 (2.48%)
SEARL 95.31 Increased By ▲ 2.21 (2.37%)
SSGC 39.13 Increased By ▲ 3.56 (10.01%)
SYM 14.02 Increased By ▲ 0.36 (2.64%)
TELE 7.23 Increased By ▲ 0.28 (4.03%)
TPLP 10.29 Increased By ▲ 0.29 (2.9%)
TRG 64.68 Increased By ▲ 4.01 (6.61%)
WAVESAPP 10.04 Increased By ▲ 0.34 (3.51%)
WTL 1.33 Increased By ▲ 0.03 (2.31%)
YOUW 3.70 Increased By ▲ 0.05 (1.37%)
BR100 12,492 Increased By 252.4 (2.06%)
BR30 37,694 Increased By 1300.9 (3.57%)
KSE100 116,189 Increased By 2036.1 (1.78%)
KSE30 35,750 Increased By 549.8 (1.56%)
Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-08-19
Dr Farooq Sattar meets Munter

Dr Farooq Sattar meets Munter

Senior leader Dr Farooq Sattar of Muttahida Qaumi Movement (MQM) on Thursday met US Ambassador Cameron Munter and discussed the Karachi unrest. No details of the meeting, which was held at the US Embassy, were released both by MQM and the embassy. The US
Published 19 Aug, 2011 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 35.64 points, as the Index moved from 2,454.98 to 2419.34 points.
Published 19 Aug, 2011 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 35.64 points, as the Index moved from 2,454.98 to 2419.34 points.
Published 19 Aug, 2011 12:00am
Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

The Supreme Court (SC) on Thursday adjourned the Bank of Punjab loan scam hearing and issued directives to one of the principal defaulters, Sheikh Afzal and family, to cooperate with the Salvage Committee to ensure deposit of the looted money to the natio
Published 19 Aug, 2011 12:00am
Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

The Supreme Court (SC) on Thursday adjourned the Bank of Punjab loan scam hearing and issued directives to one of the principal defaulters, Sheikh Afzal and family, to cooperate with the Salvage Committee to ensure deposit of the looted money to the natio
Published 19 Aug, 2011 12:00am
Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

Bank of Punjab scam: Sheikh Afzal, family asked to deposit looted money

The Supreme Court (SC) on Thursday adjourned the Bank of Punjab loan scam hearing and issued directives to one of the principal defaulters, Sheikh Afzal and family, to cooperate with the Salvage Committee to ensure deposit of the looted money to the natio
Published 19 Aug, 2011 12:00am
President appoints non-statutory members of NFC

President appoints non-statutory members of NFC

President Asif Ali Zardari on the recommendations of governors of the provinces, on Thursday appointed four-member non-statutory members of the National Finance Commission (NFC) to represent the provinces. According to a notification issued the Ministry o
Published 19 Aug, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 19 Aug, 2011 12:00am
President appoints non-statutory members of NFC

President appoints non-statutory members of NFC

President Asif Ali Zardari on the recommendations of governors of the provinces, on Thursday appointed four-member non-statutory members of the National Finance Commission (NFC) to represent the provinces. According to a notification issued the Ministry o
Published 19 Aug, 2011 12:00am
President appoints non-statutory members of NFC

President appoints non-statutory members of NFC

President Asif Ali Zardari on the recommendations of governors of the provinces, on Thursday appointed four-member non-statutory members of the National Finance Commission (NFC) to represent the provinces. According to a notification issued the Ministry o
Published 19 Aug, 2011 12:00am
Lie-detectors for US kidnap case in Pakistan

Lie-detectors for US kidnap case in Pakistan

Five days after an elderly American aid expert was kidnapped in Pakistan, police said Thursday they would carry out lie-detector tests on his staff in a desperate search for leads. Warren Weinstein, 70, country director for US-based consultancy J.E. Austi
Published 19 Aug, 2011 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 19 Aug, 2011 12:00am
Lie-detectors for US kidnap case in Pakistan

Lie-detectors for US kidnap case in Pakistan

Five days after an elderly American aid expert was kidnapped in Pakistan, police said Thursday they would carry out lie-detector tests on his staff in a desperate search for leads. Warren Weinstein, 70, country director for US-based consultancy J.E. Austi
Published 19 Aug, 2011 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2011 12:00am
Afghan bombings kill 25

Afghan bombings kill 25

Bomb attacks killed 25 people in Afghanistan on Thursday, ripping through a minibus packed with civilians and targeting a US-run base in the east bordering Pakistan, officials said. The attacks in opposite ends of the country underscored how pernicious Ta
Published 19 Aug, 2011 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 19 Aug, 2011 12:00am
Afghan bombings kill 25

Afghan bombings kill 25

Bomb attacks killed 25 people in Afghanistan on Thursday, ripping through a minibus packed with civilians and targeting a US-run base in the east bordering Pakistan, officials said. The attacks in opposite ends of the country underscored how pernicious Ta
Published 19 Aug, 2011 12:00am
IBM pursues chips that behave like brains

IBM pursues chips that behave like brains

Computers, like humans, can learn. But when Google tries to fill in your search box based only on a few keystrokes, or your iPhone predicts words as you type a text message, it's only a narrow mimicry of what the human brain is capable. The challenge in t
Published 19 Aug, 2011 12:00am
IBM pursues chips that behave like brains

IBM pursues chips that behave like brains

Computers, like humans, can learn. But when Google tries to fill in your search box based only on a few keystrokes, or your iPhone predicts words as you type a text message, it's only a narrow mimicry of what the human brain is capable. The challenge in t
Published 19 Aug, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

All-round decline was seen on the currency market on Thursday in process of trading, dealers said. The rupee extended slide in relation to dollar, shedding 12 paisa for buying at 86.80 and dropped 15 paisa for selling at 86.70, they said.
Published 19 Aug, 2011 12:00am
IBM pursues chips that behave like brains

IBM pursues chips that behave like brains

Computers, like humans, can learn. But when Google tries to fill in your search box based only on a few keystrokes, or your iPhone predicts words as you type a text message, it''s only a narrow mimicry of what the human brain is capable. The challenge in
Published 19 Aug, 2011 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

All-round decline was seen on the currency market on Thursday in process of trading, dealers said. The rupee extended slide in relation to dollar, shedding 12 paisa for buying at 86.80 and dropped 15 paisa for selling at 86.70, they said.
Published 19 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 18, 2011).

Published 19 Aug, 2011 12:00am
FTO rules SRO 333(I)/2011 as discriminatory

FTO rules SRO 333(I)/2011 as discriminatory

Federal Tax Ombudsman (FTO) Dr Muhammad Shoaib Suddle has ruled that the blanket immunity granted to the suppliers and service providers of five zero-rated export sectors under SRO. 333(I)/2011 read with income tax circular No 06/2011 was discriminatory a
Published 19 Aug, 2011 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (August 18, 2011).

Published 19 Aug, 2011 12:00am
Expeditious Refund System being modified

Expeditious Refund System being modified

The Federal Board of Revenue has decided to issue a modified procedure of Expeditious Refund System (ERS) to remove unnecessary checks and to expedite payment of sales tax refunds to exporters. Sources told Business Recorder on Thursday that the Di
Published 19 Aug, 2011 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (August 18, 2011).

Published 19 Aug, 2011 12:00am
President returns after Bahrain's visit

President returns after Bahrain's visit

President Asif Ali Zardari returned home early Thursday morning after a short visit to Bahrain, during which he held wide-ranging talks with its leadership. King of Bahrain Hamad bin Esa Al Khalifa, who received the President at the airport, also saw him
Published 19 Aug, 2011 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (August 18, 2011).

Published 19 Aug, 2011 12:00am
Shell posts Rs 1,407.199 million profit after tax

Shell posts Rs 1,407.199 million profit after tax

Shell Pakistan Limited has posted Rs 1,407.199 million as profit after tax in the half-year period ended June 30, 2011, against Rs 720.210million earned in the corresponding period in 2010, showing an increase of more than 95 percent. The board of directo
Published 19 Aug, 2011 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (August 18, 2011) and for Friday (August 19, 2011).
Published 19 Aug, 2011 12:00am
Shell posts Rs 1,407.199 million profit after tax

Shell posts Rs 1,407.199 million profit after tax

Shell Pakistan Limited has posted Rs 1,407.199 million as profit after tax in the half-year period ended June 30, 2011, against Rs 720.210million earned in the corresponding period in 2010, showing an increase of more than 95 percent. The board of directo
Published 19 Aug, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (August 18, 2011).

Published 19 Aug, 2011 12:00am
Law, order to be ensured on Yaum-e-Ali

Law, order to be ensured on Yaum-e-Ali

A comprehensive strategy has been evolved by Lahore police to ensure law and order on the occasion of Yom-e-Shahdat Hazrat Ali. Capital City Police Offier Ahmad Raza Tahir has directed that, entry and exit points of all Majalis and processions should be l
Published 19 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 19 Aug, 2011 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 19 Aug, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (August 18, 2011) and the forecast for Friday (August 19, 2011).

Published 19 Aug, 2011 12:00am
No sign of slow down in flow of remittances: IMF paper

No sign of slow down in flow of remittances: IMF paper

The flow of overseas workers' remittances to Pakistan has more than quadrupled in the last eight years that provided enough foreign exchange to finance almost 80 percent of Pakistan's oil imports and the brighter part of it is that there is no sign of rev
Published 19 Aug, 2011 12:00am
Business train: Railways signs agreement with private company

Business train: Railways signs agreement with private company

Pakistan Railways (PR) has signed an agreement with a private company (Four Brother) to operate a Business Train between Lahore and Karachi under private-public partnership first time in the history of Pak rail. Federal Minister for Railways Ghulam Ahmad
Published 19 Aug, 2011 12:00am
DDO appointment: LHC disposes of petition

DDO appointment: LHC disposes of petition

The Lahore High Court (LHC) while disposing of a petition filed against appointment of DDO Health Kamalia, directed Secretary Health to decide the matter without seeking political pressure from any member parliament. The court passed these orders in a pet
Published 19 Aug, 2011 12:00am
Rescue 15, seven other vehicles set on fire

Rescue 15, seven other vehicles set on fire

Severe tension prevailed in Fatehpur town on Thursday as a citizen Muhammed Amin lost his eye when a rubber bullet hit his eye during the firing by police to disperse violent mob which set a police station, Rescue 15 and seven vehicles on fire.
Published 19 Aug, 2011 12:00am
Fake degree: LHC disqualifies PML-Q MPA

Fake degree: LHC disqualifies PML-Q MPA

The Lahore High Court (LHC) here on Thursday disqualified a PML-Q Member Provincial Assembly from PP-220 Wallayat Shah Khagha for possessing fake degree. The court passed these orders in a petition filed his rival candidate in the constituency Nazar Hussa
Published 19 Aug, 2011 12:00am
Government urged to increase agricultural production

Government urged to increase agricultural production

Agri Forum Pakistan Chairman, Muhammad Ibrahim Mughal has advised the government to pay attention towards increasing the agricultural production and value addition to bridge the gap between imports and exports. While talking to media persons here Thursday
Published 19 Aug, 2011 12:00am
PEF to provide free educational facility to students

PEF to provide free educational facility to students

The Punjab Education Foundation (PEF) in partnership with one thousand private schools would provide free educational facilities to the students under its Foundation Assisted Schools (FAS) programme in 36 districts. At present, PEF's Foundation Assisted S
Published 19 Aug, 2011 12:00am
Unaccounted-for gas issue: SNGPL suffering Rs 20 billion loss annually

Unaccounted-for gas issue: SNGPL suffering Rs 20 billion loss annually

Sui Northern Gas Pipe Lines Limited (SNGPL) is suffering loss of rupees 20 billion per year due to up-to 16 percent unaccounted-for gas (UFG) issue. The main problem faced by SNGPL is gas pilferage and there exists no proper law in the country, which deal
Published 19 Aug, 2011 12:00am
LCCI hands over relief goods worth Rs 15 million to DMA

LCCI hands over relief goods worth Rs 15 million to DMA

The Lahore Chamber of Commerce and Industry (LCCI) on Thursday handed over relief goods worth Rs 15 million to the Disaster Management Authority (DMA) to be dispatched to the flood affected areas.
Published 19 Aug, 2011 12:00am
Pond areas: government urged to take action against encroachers

Pond areas: government urged to take action against encroachers

Kisan Board Pakistan (KBP) has urged the government to take action against those who have occupied hundreds of thousands of acres of land of pond areas. These were the views of President KBP, Sardar Zafar Hussein, General Secretary, Malik Muhammad Ramzan
Published 19 Aug, 2011 12:00am
Public service pivot of PML-N policies: Punjab chief minister

Public service pivot of PML-N policies: Punjab chief minister

Member National Assembly from Faisalabad, Chaudhry Asim Nazir and a former parliamentarian, Chaudhry Zahid Nazir met Punjab Chief Minister, Muhammad Shahbaz Sharif here Thursday and expressed complete confidence in the leadership of President Pakistan Mus
Published 19 Aug, 2011 12:00am
Three labourers killed in Mastung

Three labourers killed in Mastung

Three labourers shot dead on Thursday in the Splinji area of Mastung district, some 35 km South of provincial capital. "Some unknown armed men whisked away three labourer on gunpoint early in the morning and after killing, threw their bodies in the Splinj
Published 19 Aug, 2011 12:00am
'Poor students receiving modern education in Daanish schools'

'Poor students receiving modern education in Daanish schools'

Punjab Chief Minister, Muhammad Shahbaz Sharif has said that students of Daanish Schools will prove to be Pakistanis in real sense and play an active role in the development of the country and service of the masses. He said that six Daanish Schools are im
Published 19 Aug, 2011 12:00am
Altaf telephones Gilani over Karachi killings

Altaf telephones Gilani over Karachi killings

Chief Muttahida Quami Movement (MQM) Altaf Hussain telephoned Prime Minister Gilani and conveyed his deep concerns over the abduction and killing of innocent people in Karachi. Altaf Hussain informed Prime Minister Gilani that the terrorists of the gang w
Published 19 Aug, 2011 12:00am
Pepco's clarification

Pepco's clarification

Apropos a news item under the title "Pepco accused of violating ADB criterion" in Business Recorder August 17, 2011, the spokesman of Pepco has clarified the following: It is incorrect that PEPCO is violating ADB procurement guidelines / criterion.
Published 19 Aug, 2011 12:00am
Turkish jets bomb 60 Kurdish rebel targets in Iraq

Turkish jets bomb 60 Kurdish rebel targets in Iraq

Turkish jets bombed 60 targets in northern Iraq used as bases by the Kurdistan Workers' Party (PKK) following an ambush by the outlawed group that killed nine troops, the military and rebels said Thursday. Turkey's air force launched a "successful" operat
Published 19 Aug, 2011 12:00am
Accused pirate negotiator charged in tanker hijacking

Accused pirate negotiator charged in tanker hijacking

A man accused of negotiating the ransom for four US citizens killed during a high seas hijacking of a yacht by Somali pirates was charged Thursday for his role in another hostage ordeal. Mohammad Saaili Shibin, 50, was previously indicted in March by a fe
Published 19 Aug, 2011 12:00am
17 dead in worst Israeli-Palestinian violence for months

17 dead in worst Israeli-Palestinian violence for months

At least 17 people - 7 Israelis, 6 Palestinians, and at least four Palestinian gunmen - were killed Thursday, in one of the most violent days for months in Israel and the Gaza Strip, as militants shot up Israeli vehicles, and Israeli aircraft bombed the G
Published 19 Aug, 2011 12:00am
Egypt military pardons blogger after criticism

Egypt military pardons blogger after criticism

Egypt's military said on Thursday it has dropped charges against prominent blogger Asmaa Mahfouz of insulting the country's ruling generals after a wave of criticism from rights groups. The military, in a statement on its Facebook page, said it also decid
Published 19 Aug, 2011 12:00am
Iraq's electricity minister resigns

Iraq's electricity minister resigns

Iraq's electricity minister has resigned on the request of the country's premier after irregularities worth $1.7 billion were uncovered in power deals with two foreign firms, a government official said. Ali al-Moussawi, media adviser to Prime Minister Nur
Published 19 Aug, 2011 12:00am
'Murder remains most prevalent crime in country in May'

'Murder remains most prevalent crime in country in May'

Murder remained the most prevalent crime in the country during May this year as 790 cases were registered in 61 districts of the country including 25 reported cases of honour killing. Punjab topped the list as nearly 74 percent FIRs related to murders wer
Published 19 Aug, 2011 12:00am
SZABIST arranges training workshop for students

SZABIST arranges training workshop for students

In connection with the public-private partnership to decrease unemployment through entrepreneurship, a training workshop was held here on Thursday to equip professionals, fresh graduates as well as students with skills and knowledge for establishment of t
Published 19 Aug, 2011 12:00am
Nadra completes DERs printing of 130 districts

Nadra completes DERs printing of 130 districts

National Database and Registration Authority (Nadra) has completed printing of Draft Electoral Rolls (DERs) of all 130 districts containing the data of 80.6 million eligible voters under the supervision of Election commission of Pakistan. "The gigantic ta
Published 19 Aug, 2011 12:00am
Private sector can help change Pakistan's fortune: Chief Executive Engro

Private sector can help change Pakistan's fortune: Chief Executive Engro

Pakistan's private sector is doing quite well, taking into consideration the extremely difficult circumstances that the country is facing from long hours of loadshedding to the decaying infrastructure that is in urgent need of BMR (balancing, modernisatio
Published 19 Aug, 2011 12:00am
10 detained in Malaysia set to celebrate Eid in Pakistan

10 detained in Malaysia set to celebrate Eid in Pakistan

Ten Pakistanis detained in Malaysia for immigration violations are set to celebrate the upcoming Eid-ul-Fitar with their families in Pakistan following an offer by the Malaysia-Pakistan Business Council (M-P BC) to fund the cost of their return home, says
Published 19 Aug, 2011 12:00am
1,500 faithful to observe Aitkaf at Faisal Mosque

1,500 faithful to observe Aitkaf at Faisal Mosque

Around 1,500 faithful from twin cities of Rawalpindi and Islamabad would observe Aitkaf at Faisal Mosque starting from 20th of Ramazan (August 21, Sunday). The Faisal Mosque administration has selected 1,500 applicants including some of its staffers, out
Published 19 Aug, 2011 12:00am
Previous Day