News Archives for Print - 2011-08-23

<<>>

Print - 2011-08-23

NJLI Managed Growth Fund Rates

New Jubilee Life Insurance Managed Growth Fund Rates on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Monday (August 22, 2011)

Published 23 Aug, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Monday (August 22, 2011)

Published 23 Aug, 2011 12:00am

Pakistan Government International Bonds

Pakistan Government International Bonds daily prices for Monday (August 22, 2011)

Published 23 Aug, 2011 12:00am

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

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 Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

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 Commi

Published 23 Aug, 2011 12:00am

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 23 Aug, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Monday (August 22, 2011).

Published 23 Aug, 2011 12:00am

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Aug, 2011 12:00am

US Midwest corn and soya bids mostly steady

Spot basis bids for corn and soyabeans held mostly steady around the US Midwest on Monday, amid weaker demand for old-crop supplies as the beginning of fall harvest nears, grain merchants said. Harvest is expected to begin in about a month, and some produ

Published 23 Aug, 2011 12:00am

Spot rate slashed to Rs 6,300; prices fall on cotton market as phutti arrivals pick up

Seedcotton prices fell on the cotton market on Monday as picking operation accelerated after fresh rains in cotton growing areas, dealers said. The Karachi Cotton Association (KCA) official spot rate was curtailed by Rs 200 to Rs 6,300, they said. In the

Published 23 Aug, 2011 12:00am

Rescue 1122 to initiate legal action against prank calls

Rescue 1122 has decided to initiate legal action against the prank callers, as the toll of obnoxious calls in four years has reached the two million mark. The number continues to increase, therefore, the service has been compelled to take necessary legal

Published 23 Aug, 2011 12:00am

Railways expecting revenue shortfall of Rs six billion

Pakistan Railway is expecting revenue shortfall of Rs 6 billion as it is expected to generate Rs 12 billion in the current financial year against Rs 18 billion during the last financial year. This was revealed by the Railway officials in the National Asse

Published 23 Aug, 2011 12:00am

Commercial banks: capital police to deploy airtight security

To ensure management of commercial banks here, Capital Police have agreed to take collective measures to ensure effective security at the banks to avoid dacoities and robberies. The decision was made in a meeting, held here on Monday, between the Inspecto

Published 23 Aug, 2011 12:00am

Sikhs being denied jobs in IHK: APSCC

All Parties Sikh Co-ordination Committee (APSCC), in occupied Kashmir, said the authorities were denying jobs to the eligible Sikh candidates in police department. The APSCC held a meeting in Srinagar to decide the fate of Sikh community living in occupie

Published 23 Aug, 2011 12:00am

Verification of electoral rolls: ECP begins door-to-door drive

On the request of National Database and Registration Authority (NADRA), Election Commission of Pakistan (ECP) started door to door campaign for verification of electoral rolls on Monday. According to ECP schedule, the verification process started from Aug

Published 23 Aug, 2011 12:00am

UN urged to set up tribunal for war crimes in IHK

Kashmir Council European Union (EU) Chairman Ali Raza Syed has urged the United Nation to set up a tribunal for hearing war crimes in Indian Held Kashmir (IHK). Commenting on a report of Indian Official Human Rights Commission about 2,156 unidentified bod

Published 23 Aug, 2011 12:00am

NETSOL TECHNOLOGIES LIMITED

NetSol Technologies (KSE: NETSOL) is a leading software house in Pakistan. NetSol is a multi-dimensional technology company, providing a variety of information technology services and custom software offerings including technology outsourcing, systems int

Published 23 Aug, 2011 12:00am

NETSOL TECHNOLOGIES LIMITED

Published 23 Aug, 2011 12:00am

Japan signals readiness to intervene in currencies

Japan will take decisive action against any speculative moves in the currency market, Finance Minister Yoshihiko Noda said, signalling Tokyo's readiness to intervene to stem further yen rises after its spike to a record high last week. Noda said he saw re

Published 23 Aug, 2011 12:00am

OECD growth slows again

Growth in leading world economies slowed for the fourth consecutive quarter, gaining just 0.2 percent in the three months to June, an OECD indicator showed on Monday. In the April-June period, output of the 33 countries in the Organisation for Economic Co

Published 23 Aug, 2011 12:00am

Ford, Toyota to join hands on hybrid trucks

Ford and Toyota announced Monday plans to jointly develop a new hybrid system for light trucks and sport utility vehicles. The two companies, both leaders in the hybrid gasoline-electric car sector, said they aimed at bringing hybrid technology to pickups

Published 23 Aug, 2011 12:00am

Finland-Greece debt: deal needs eurozone approval: Germany

Germany said Monday that a deal Finland struck with debt-wracked Greece for Athens to provide collateral in exchange for loan guarantees required the consent of all 17 eurozone members. The agreement "must be approved by the other eurozone member countrie

Published 23 Aug, 2011 12:00am

Truckers protest outside Australia's parliament

Hundreds of truckers circled Australia's parliament on Monday in a campaign aimed at forcing the government to withdraw a proposed carbon tax law, and call new elections, the second anti-government protest in the nation's capital this month. The truckers

Published 23 Aug, 2011 12:00am

Bosnia must renegotiate loan terms: IMF

Bosnia must renegotiate the terms of its 1.1 billion euro ($1.55 billion) International Monetary Fund standby programme after 10 months of reform delays, the IMF's top official in the country said on Monday. Bosnia has not received funds from the loan sin

Published 23 Aug, 2011 12:00am

Thai economy unexpectedly shrinks in second quarter

Thailand's economy unexpectedly shrank in the second quarter from the previous three months, hurt by weakness in auto and electronics output after Japan's earthquake and tsunami disaster, official data showed on Monday. The unexpected weakness raises ques

Published 23 Aug, 2011 12:00am

Hong Kong opens hearing on landmark labour case

Hong Kong Monday began hearing a Philippine maid's legal bid for permanent residency, in a landmark case that has sparked debate over the army of domestic helpers sustaining the city's economy. Rights activists have said a successful legal challenge will

Published 23 Aug, 2011 12:00am

CCB reassures on debt worries, BofA relationship

China Construction Bank (CCB) dismissed concerns about rising bad debts on Monday and said its relationship with Bank of America remains strong despite talk its US partner and shareholder may sell part of its stake. The reassurances on bad debts from the

Published 23 Aug, 2011 12:00am

Eni leads Libya oil race; Russia, China may lose out

Italian oil company Eni led the charge back into Libya on Monday as rebels hailing the end of Muammar Qadhafi's rule warned Russian and Chinese firms that they may lose out on lucrative oil contracts for failing to support the rebellion. Qadhafi's fall wi

Published 23 Aug, 2011 12:00am

Maybank fourth quarter profit up 27 percent

Malaysia's largest lender Malayan Banking (Maybank) posted a 27 percent rise in fourth-quarter profit, helped by robust regional loans growth, but warned of pressure on margins ahead due to a weakening global economy and investor sentiment. "We foresee w

Published 23 Aug, 2011 12:00am

Maybank fourth quarter profit up 27 percent

Published 23 Aug, 2011 12:00am

Serbia optimistic on talks for new deal with IMF

Serbia is hoping to convince the International Monetary Fund its fiscal policies are prudent enough to secure another deal with the lender, a government official said on Monday. He was speaking shortly before the start of talks between the Belgrade author

Published 23 Aug, 2011 12:00am

Brazil growth estimate down

Forecasts for Brazil's economic growth are being driven lower by its tighter monetary policy and a slowing global economy, a central bank survey showed on Monday, signalling a steeper-than-expected slowdown is looming. The central bank survey found that f

Published 23 Aug, 2011 12:00am

Canadian canola futures rise

ICE Canadian canola futures rose on Monday, taking strength from gains in soybeans and crude oil. Short-covering seen likely Monday and Tuesday ahead of Wednesday's Statistics Canada report, the government agency's first forecast of crop production based

Published 23 Aug, 2011 12:00am

US Plains HRW wheat bids steady

Hard red winter wheat basis bids held steady on Monday amid ongoing quiet market conditions. Protein premiums for railcar wheat to and through Kansas City rose 6-16 cents a bushel for all protein levels, with 13.00 percent through 13.40-pro wheat garnerin

Published 23 Aug, 2011 12:00am

China's July crude oil imports from Russia fall

China's crude imports from Russia in July plunged 45 percent from a year earlier to 615,193 tonnes, or 144,870 barrels per day (bpd), the lowest level in several years, customs data showed on Monday. That pushed Russia into ninth place among crude oil sup

Published 23 Aug, 2011 12:00am

China, global steel output near record in July

Chinese and global steel production fell slightly from the previous month but remained near record levels in July, in what is usually a seasonally slower quarter and despite concerns that oversupply and the economic slowdown may weigh on prices.

Published 23 Aug, 2011 12:00am

US wheat at two-month top

US wheat rose 1 percent on Monday to its highest in more than 2 months as delays in spring wheat harvest and dry weather ahead of winter crop planting buoyed the market. Corn rose 0.8 percent, while soyabeans climbed to its highest in more than two weeks

Published 23 Aug, 2011 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 229,278 tonnes of cargo including 180,013 tonnes of import cargo, 49,265 tonnes of export cargo and 5,381 loaded & empty containers during last 48 hours ended at 0700 hours on Monday. The total import cargo of 180,013 tonnes compr

Published 23 Aug, 2011 12:00am

Grain market remains closed

No business activity was seen on the wholesale grain and seed market on Monday on account of death anniversary of Hazrat Ali (K.V.) holiday, grain and seed merchants group's press release said.

Published 23 Aug, 2011 12:00am

Russian grain prices up, milling wheat supply falls

Russian grain prices kept rising last week, with milling wheat in the lead as its supply is currently estimated lower than initially expected, analysts said on Monday. The offer price of third-grade milling wheat EXW rose 325 roubles ($11.46) to 5,540 rou

Published 23 Aug, 2011 12:00am

Major Southeast Asian stocks smidgen lower

Major Southeast Asian stock markets posted small losses on Monday, minimised by late bargain hunting in retail stocks that offset woes over a festering debt crisis in Europe and a grim economic outlook for the United States. Most regional sharemarkets rec

Published 23 Aug, 2011 12:00am

Australian shares slip

Australian stocks ended a choppy session 0.5 percent down, at a two-week low, with concerns over European and US economic challenges continuing to undermine sentiment. Stocks staged a rebound at midday when S&P 500 futures traded in Asia did a U-turn to g

Published 23 Aug, 2011 12:00am

Chinese shares slide, Hong Kong up

China shares in Shanghai and Hong Kong fell on Monday as investors hammered companies reporting weak or forecast-meeting results, while a late jump in HSBC helped the Hang Seng index offset some of those losses and end higher. HSBC Holdings Plc, Europe's

Published 23 Aug, 2011 12:00am

Monday's midday trade: Wall Street rises, but investors stay cautious

Wall Street rose on Monday, but major averages gave up some of their gains as bank stocks came under renewed pressure. Stocks had come under heavy selling pressure in recent weeks on growing fears of recession and the possible spread of the eurozone's sov

Published 23 Aug, 2011 12:00am

European shares rise

European shares bounced on Monday after a steep sell-off last week, with Italy's ENI among the main gainers on hopes that a new political regime in Libya will help it restore oil production activities to former levels. ENI, the biggest foreign oil produce

Published 23 Aug, 2011 12:00am

Taiwan stocks ease

Taiwan stocks erased early gains and ended 0.41 percent lower on Monday, pressured by cement counters and construction shares. The main TAIEX index fell 30.37 points to 7,312.59, after opening flat. The cement sub-index was the biggest loser, down 5.2 per

Published 23 Aug, 2011 12:00am

Indian shares reverse losses

Indian shares rebounded to end 1.2 percent higher on Monday as investors grabbed shares offering value following last week's plunge over worries about the health of the global economy. Energy major Reliance Industries and top private-sector lender ICICI B

Published 23 Aug, 2011 12:00am

Seoul shares post 13-month low

South Korean stocks fell on Monday, continuing losses for a third consecutive session, as fears the global economy is slipping back into recession left investors hesitant to snap up some heavyweights despite their heavy recent losses. The Korea Composite

Published 23 Aug, 2011 12:00am

Nikkei at five-month low

The Nikkei stock average marked its lowest close since March 15 on Monday as worries about the US economy offset signs that the Japanese authorities stand ready to quell any further yen strength. The index fell as low as 8,619.21, breaking below the intra

Published 23 Aug, 2011 12:00am

FTSE springs back

British blue chip stocks rose to buck a three-session slide as dividend-yield hunters ploughed back into beaten-down defensive stocks, albeit in low volume, volatile trade that could have further to run, traders said. Vodafone, Royal Dutch Shell and Glaxo

Published 23 Aug, 2011 12:00am

Dollar funding costs rise

Dollar funding costs for eurozone banks rose on Monday, heading back towards their highest levels since late 2008, as US banks remained wary of lending to European counterparts in the face of a possible US recession and an intractable debt crisis. Key eur

Published 23 Aug, 2011 12:00am

Yen off highs in Asia

The dollar gained against the yen on Monday, rising from a record low plumbed late last week, as investors covered dollar short positions wary that Tokyo could step into the market and with a US bank detected buying. Underscoring extreme nervousness in th

Published 23 Aug, 2011 12:00am

Early trade in New York: Fed speculation hurts dollar

The dollar was slightly weaker against some commodity-linked currencies on Monday as investors speculated the Federal Reserve could take new measures to boost the US economy. The Fed will host its annual retreat in Wyoming this week, and recent market tur

Published 23 Aug, 2011 12:00am

Dollar struggles in London

The euro edged up on Monday, helped by a rise in European shares, while the dollar was on the back foot on speculation the Federal Reserve may highlight this week the need to take additional measures to support the ailing US economy. Traders said Switzerl

Published 23 Aug, 2011 12:00am

Won, peso rise

The South Korean won and the Philippine peso rose slightly on Monday as speculators bought some of battered emerging Asian currencies on dips, but regional units later gave up some of their gains on persistent worries about a global economic slowdown and

Published 23 Aug, 2011 12:00am

Yuan falls

The yuan closed down against the dollar on Monday, even though the People's Bank of China set a slightly firmer mid-point due to dollar demand for trade settlement and profit-taking after the yuan hit a series of record highs in the past two weeks. Spot y

Published 23 Aug, 2011 12:00am

Sterling steadies

Sterling was steady against the dollar on Monday and was seen staying near recent peaks as investors seeking refuge from turbulence in financial markets and the eurozone debt crisis eyed the UK's slightly better fiscal position. But analysts said the poun

Published 23 Aug, 2011 12:00am

Australian and New Zealand dollars resilient

The Australian and New Zealand dollars held their ground against the US currency on Monday and pared gains on the yen, though the mood remained fragile due to lingering worries about the US economy and eurozone debt. The Aussie dollar was last at $1.0400

Published 23 Aug, 2011 12:00am

Indian rupee rebounds

The Indian rupee reversed all its early losses on Monday as gains in domestic equities and the euro offset pressure from the dollar demand of oil refiners that had pushed the unit to near nine-month lows in opening trade. The partially convertible rupee e

Published 23 Aug, 2011 12:00am

Egypt to host pre-Olympic tournament

Egypt will host a tournament this year to decide which nations represent Africa at the 2012 London Olympic Games football tournament. It involves Algeria, Egypt, Gabon, Ivory Coast, Morocco, Nigeria, Senegal and South Africa after they survived a three-ro

Published 23 Aug, 2011 12:00am

Sharapova wins Cincinnati WTA title

Fourth-seeded Russian Maria Sharapova survived an erratic performance to win the Cincinnati WTA title, prevailing 4-6, 7-6 (7/3), 6-3 over Serbia's Jelena Jankovic. Sharapova, 24, earned her second title of the season after a triumph in Rome. She improved

Published 23 Aug, 2011 12:00am

England seal 4-0 series rout of India

England sealed a 4-0 series rout of India with an innings and eight-run victory at The Oval here on Monday as Sachin Tendulkar fell just short of an historic 100th international hundred. India, who needed 291 runs to make the hosts bat again, frustrated E

Published 23 Aug, 2011 12:00am

Malinga's hat-trick restricts Australia

Lasith Malinga grabbed a record third hat-trick as Sri Lanka restricted Australia to 211 in the fifth and final one-day international on Monday. The paceman dismissed Mitchell Johnson, John Hastings and Xavier Doherty in his eighth over to become the firs

Published 23 Aug, 2011 12:00am

Wenger handed two-match ban after phone row

Arsenal manager Arsene Wenger has been handed a two-match touchline ban by UEFA after being found guilty of ignoring rules on communicating with his bench during last week's Champions League clash against Udinese. Wenger has paid the price for flouting UE

Published 23 Aug, 2011 12:00am

Man United strike $66 million training-kit deal

Manchester United struck a training-kit sponsorship deal on Monday, the Premier League champions saying they believed it was the first such agreement in English football. United said they had agreed a four-year contract with express and logistics company

Published 23 Aug, 2011 12:00am

Water Week starts with calls for better urban water

World Water Week opened in Stockholm on Monday with calls for greater, more resilient water management in cities to ensure better food and water security in a rapidly urbanising world. "More than ever we need new technologies and policy solutions" to comp

Published 23 Aug, 2011 12:00am

Honduran journalist awarded Peter Mackler prize

Honduran radio journalist Karla Rivas has been awarded the 2011 Peter Mackler Award for courageous and ethical journalism, press freedom group Reporters Without Borders announced Monday. Rivas, 33, news editor for Honduras' Radio Progreso, is to receive h

Published 23 Aug, 2011 12:00am

Father, two sons jailed in UK boiler room scam

A father and two sons were jailed for a total of 19 years on Monday for a UK-based share-selling scam which spanned 10 countries and defrauded 1,700 investors of 27.5 million pounds ($45.2 million). Ringleader Tomas Wilmot was sentenced by Southwark Crown

Published 23 Aug, 2011 12:00am

Syrian forces kill three as UN team welcomed

Syrian forces shot dead three people in Homs on Monday as crowds welcomed a UN humanitarian team, activists said, and the United Nations said the death toll from President Bashar al-Assad's crackdown on protests had reached 2,200. The Syrian Observatory f

Published 23 Aug, 2011 12:00am

Palestinian local elections 'postponed indefinitely'

The Palestinian Authority has indefinitely postponed local elections which had been expected to take place in October in the West Bank, a minister told AFP on Monday. "President (Mahmud) Abbas issued a decree postponing the local elections indefinitely to

Published 23 Aug, 2011 12:00am

Biden offers US support for democratic Mongolia

US Vice President Joe Biden lauded land-locked Mongolia's efforts at democratisation on Monday, offering support to a country that is strategically located between China and Russia and sits on vast quantities of untapped mineral wealth. Biden, arriving fr

Published 23 Aug, 2011 12:00am

Bomb in Afghan market kills two civilians

A bomb hidden in a scrap metal shop blew up in a market in southern Afghanistan on Monday, killing two civilians, officials said. The early morning blast in the town of Gereshk in Helmand province killed the shopkeeper and a child sitting in a car parked

Published 23 Aug, 2011 12:00am

Somali government executes two soldiers over killings

Somalia executed two government soldiers on Monday accused of killing a civilian and a soldier, as the Western-backed government came under international pressure to hold its forces to account for abuses. Somalia's government, which recently took control

Published 23 Aug, 2011 12:00am

Israel and Hamas agree Gaza truce

Israel and the Hamas, which controls the Gaza Strip, have agreed to a cease-fire after five days of cross-border violence, officials said on Monday. One official who was involved in mediating talks between Israel and Palestinian factions in Gaza said the

Published 23 Aug, 2011 12:00am

China to halt more high speed rail services

Chinese rail authorities said they would stop more high-speed rail services, just as a magazine published claims that a big safety flaw had been discovered on a bullet train made by a state-owned firm. The news adds to concerns over the safety of China's

Published 23 Aug, 2011 12:00am

Turkey bombs north Iraq for sixth day: PKK

Turkish aircraft bombed north Iraq on Monday, the sixth day of a bombing campaign against bases of the separatist Kurdistan Workers' Party (PKK) in the region, a rebel spokesman said. "Turkish aircraft targeted the Kortek, Qandil and Jabal Mattine regions

Published 23 Aug, 2011 12:00am

41 killed in road accident in India

At least 41 people were killed when a passenger-laden wagon pulled by a tractor plunged into a deep water-filled ditch Monday in the northern Indian state of Uttar Pradesh. "Most of the victims drowned," local magistrate Madhukar Dwivedi told AFP by telep

Published 23 Aug, 2011 12:00am

Canadian opposition leader Jack Layton dies

Jack Layton, the charismatic leader of Canada's official opposition, died on Monday just months after guiding his New Democratic Party to its strongest ever performance in the May federal election. Layton, 61, had almost single-handedly turned his leftist

Published 23 Aug, 2011 12:00am

Iran starts moving uranium centrifuges to bunker

Iran has begun moving machines that enrich uranium to an underground bunker near the holy city of Qom, a senior official said, a move likely to fan Western fears of an Iranian advance towards nuclear weapons capability. His announcement was a further sign

Published 23 Aug, 2011 12:00am

Interpretation of Sec 4-A delays forms' issuance: final income tax return forms for cos, AoPs, individual taxpayers

The issues related to interpretation of income tax surcharge introduced through section 4-A of the Income Tax Ordinance 2001, has caused the prolonged delay in issuance of the final income tax return forms for companies, Association of Persons (AOPs) and

Published 23 Aug, 2011 12:00am

Four items contribute around 45 percent of total duty

Only four items including petroleum, automobile, edible oils and machinery contributed around 45 percent of total customs duty during July-March 2010-2011. The FBR data issued here on Monday revealed that ten major sectors contributed around 2/3rd of the

Published 23 Aug, 2011 12:00am

July-March, 2010-11: WHT contributes 59 percent of direct tax collection

The major contributors of withholding tax were contracts, imports, salary, telephone, export, bank interest, electricity, dividends and cash withdrawal from banks during July-March, 2010-11. According to the FBR quarterly review issued here on Monday, the

Published 23 Aug, 2011 12:00am

Parliamentary body approves confirmation of HC judges

The Parliamentary Committee (PC) on Judges' Appointment on Monday approved the confirmation of seven additional judges of the Peshawar and Lahore high courts as per the recommendations forwarded by the Judicial Commission of Pakistan (JC). A meeting of th

Published 23 Aug, 2011 12:00am

Industrial sector: SNGPL unveils nine-day gas curtailment plan

Managing Director Sui Northern Gas Pipe Lines Limited (SNGPL) Arif Hameed has announced a gas curtailment for nine days at a stretch in the industrial sector.

Published 23 Aug, 2011 12:00am

Industrial sector: SNGPL unveils nine-day gas curtailment plan

Managing Director Sui Northern Gas Pipe Lines Limited (SNGPL) Arif Hameed has announced a gas curtailment for nine days at a stretch in the industrial sector.

Published 23 Aug, 2011 12:00am

FBR rejects ginners' proposal

The Federal Board of Revenue (FBR) has out rightly rejected a proposal of cotton ginners to drastically reduced withholding tax from 3.5% to 0.1%, despite all kinds of pressures including strikes by this sector. Sources told Business Recorder here

Published 23 Aug, 2011 12:00am

FED collection grew by 5.5 percent in July-March

The six major revenue spinners of the federal excise duty (FED) ie cigarettes, cement, natural gas, POL products, beverages and services contributed about 77 percent in FED collection during July-March 2010-11. According to the FBR quarterly review issued

Published 23 Aug, 2011 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular