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Apr 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2011-12-23
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 8.41 points, as the Index moved from 2,619.38 to 2,610.97 points.
Published 23 Dec, 2011 12:00am
Ijaz's meeting with Pasha mysterious: Haqqani

Ijaz's meeting with Pasha mysterious: Haqqani

In pursuance of the Supreme Court (SC) directions, former envoy of Pakistan to US Hussain Haqqani submitted affidavit on concise statement of DG ISI in Memogate scandal, saying all inquiries or investigations into scandal must be carried out strictly in a
Published 23 Dec, 2011 12:00am
Petitioner urges Supreme Court to put Zardari's name on ECL

Petitioner urges Supreme Court to put Zardari's name on ECL

A constitutional petition was filed in the Supreme Court (SC) on Thursday with a plea to constitute a high-level commission to investigate the Memogate scandal and put the name of President Asif Ali Zardari on Exit Control List (ECL) till the finalisation
Published 23 Dec, 2011 12:00am
Petitioner urges Supreme Court to put Zardari's name on ECL

Petitioner urges Supreme Court to put Zardari's name on ECL

A constitutional petition was filed in the Supreme Court (SC) on Thursday with a plea to constitute a high-level commission to investigate the Memogate scandal and put the name of President Asif Ali Zardari on Exist Control List (ECL) till the finalisatio
Published 23 Dec, 2011 12:00am
Army wants Zardari out but not a coup?

Army wants Zardari out but not a coup?

Pakistan's army is fed up with President Asif Ali Zardari and wants him out of office, but through legal means and without a repeat of the coups that are a hallmark of the country's 64 years of independence, military sources said. Tensions are rising betw
Published 23 Dec, 2011 12:00am
Army wants Zardari out but not a coup?

Army wants Zardari out but not a coup?

Pakistan's army is fed up with President Asif Ali Zardari and wants him out of office, but through legal means and without a repeat of the coups that are a hallmark of the country's 64 years of independence, military sources said. Tensions are rising betw
Published 23 Dec, 2011 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
PSO to re-tender base oil import

PSO to re-tender base oil import

Pakistan State Oil (PSO) has decided to re-tender base oil import SN 150 and SN 500 after finding discrepancies in award of contract. Business Recorder, in its issue of November 16, 2011, ran a story: "PSO begins probe in $ 3 million loss scandal". Minist
Published 23 Dec, 2011 12:00am
PSO to re-tender base oil import

PSO to re-tender base oil import

Pakistan State Oil (PSO) has decided to re-tender base oil import SN 150 and SN 500 after finding discrepancies in award of contract. Business Recorder, in its issue of November 16, 2011, ran a story: "PSO begins probe in $ 3 million loss scandal". Minist
Published 23 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
PSO to re-tender base oil import

PSO to re-tender base oil import

Pakistan State Oil (PSO) has decided to re-tender base oil import SN 150 and SN 500 after finding discrepancies in award of contract. Business Recorder, in its issue of November 16, 2011, ran a story: "PSO begins probe in $ 3 million loss scandal". Minist
Published 23 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
France passes genocide bill, angry Turkey cuts ties

France passes genocide bill, angry Turkey cuts ties

France sparked a diplomatic row with Turkey on Thursday by taking steps to criminalise the denial of genocide, including the 1915 mass killing of Armenians by Ottoman Turks, prompting Ankara to cancel all economic, political and military meetings.
Published 23 Dec, 2011 12:00am
NJLI MEESEQ Fund Rates

NJLI MEESEQ Fund Rates

NJLI Meeseq Fund Rates on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
France passes genocide bill, angry Turkey cuts ties

France passes genocide bill, angry Turkey cuts ties

France sparked a diplomatic row with Turkey on Thursday by taking steps to criminalise the denial of genocide, including the 1915 mass killing of Armenians by Ottoman Turks, prompting Ankara to cancel all economic, political and military meetings.
Published 23 Dec, 2011 12:00am
Swiss giant ABB signs $900 million India's electricity deal

Swiss giant ABB signs $900 million India's electricity deal

Swiss engineering giant ABB said on Thursday it had signed a deal worth more than $900 million (690 million euros) to develop India's electricity supply. The agreement with India's Power Grid Corporation will see ABB deliver a transmission system to carry
Published 23 Dec, 2011 12:00am
Swiss giant ABB signs $900 million India's electricity deal

Swiss giant ABB signs $900 million India's electricity deal

Swiss engineering giant ABB said on Thursday it had signed a deal worth more than $900 million (690 million euros) to develop India's electricity supply. The agreement with India's Power Grid Corporation will see ABB deliver a transmission system to carry
Published 23 Dec, 2011 12:00am
Swiss giant ABB signs $900 million India''s electricity deal

Swiss giant ABB signs $900 million India''s electricity deal

Swiss engineering giant ABB said on Thursday it had signed a deal worth more than $900 million (690 million euros) to develop India''s electricity supply. The agreement with India''s Power Grid Corporation will see ABB deliver a transmission system to car
Published 23 Dec, 2011 12:00am
Strikes on Pakistani posts: ISPR rejects US probe

Strikes on Pakistani posts: ISPR rejects US probe

Military Thursday rejected the conclusions of a US investigation into a Nato airstrike that killed two dozen Pakistani soldiers last month along the Afghanistan-Pakistan border. US officials, unveiling the results of their investigation into the November
Published 23 Dec, 2011 12:00am
Strikes on Pakistani posts: ISPR rejects US probe

Strikes on Pakistani posts: ISPR rejects US probe

Military Thursday rejected the conclusions of a US investigation into a Nato airstrike that killed two dozen Pakistani soldiers last month along the Afghanistan-Pakistan border. US officials, unveiling the results of their investigation into the November
Published 23 Dec, 2011 12:00am
Italy parliament votes to seal austerity budget

Italy parliament votes to seal austerity budget

Italy's Senate passed a vote of confidence in the government of Prime Minister Mario Monti on Thursday that put the final seal on an emergency austerity budget rushed through to restore market confidence in the eurozone's third biggest economy. The upper
Published 23 Dec, 2011 12:00am
Italy parliament votes to seal austerity budget

Italy parliament votes to seal austerity budget

Italy's Senate passed a vote of confidence in the government of Prime Minister Mario Monti on Thursday that put the final seal on an emergency austerity budget rushed through to restore market confidence in the eurozone's third biggest economy. The upper
Published 23 Dec, 2011 12:00am
Italy parliament votes to seal austerity budget

Italy parliament votes to seal austerity budget

Italy''s Senate passed a vote of confidence in the government of Prime Minister Mario Monti on Thursday that put the final seal on an emergency austerity budget rushed through to restore market confidence in the eurozone''s third biggest economy. The uppe
Published 23 Dec, 2011 12:00am
Banks' advisory fee slump deepens in crisis-hit fourth quarter

Banks' advisory fee slump deepens in crisis-hit fourth quarter

Europe's debt woes dragged world-wide investment banking income down this year, data showed, with fees on the continent slumping to the lowest quarterly level ever recorded and company listings and acquisitions grinding to a near halt. The number of bond
Published 23 Dec, 2011 12:00am
Banks' advisory fee slump deepens in crisis-hit fourth quarter

Banks' advisory fee slump deepens in crisis-hit fourth quarter

Europe's debt woes dragged world-wide investment banking income down this year, data showed, with fees on the continent slumping to the lowest quarterly level ever recorded and company listings and acquisitions grinding to a near halt. The number of bond
Published 23 Dec, 2011 12:00am
Banks'' advisory fee slump deepens in crisis-hit fourth quarter

Banks'' advisory fee slump deepens in crisis-hit fourth quarter

Europe''s debt woes dragged world-wide investment banking income down this year, data showed, with fees on the continent slumping to the lowest quarterly level ever recorded and company listings and acquisitions grinding to a near halt. The number of bond
Published 23 Dec, 2011 12:00am
President briefed on economic situation

President briefed on economic situation

Dr Abdul Hafeez Shaikh, Federal Minister for Finance, called on President Asif Ali Zardari here on Thursday. Dr Waqar Masood, Finance Secretary was also present during the meeting. The Finance Minister and the Finance Secretary briefed the President about
Published 23 Dec, 2011 12:00am
President briefed on economic situation

President briefed on economic situation

Dr Abdul Hafeez Shaikh, Federal Minister for Finance, called on President Asif Ali Zardari here on Thursday. Dr Waqar Masood, Finance Secretary was also present during the meeting. The Finance Minister and the Finance Secretary briefed the President about
Published 23 Dec, 2011 12:00am
President briefed on economic situation

President briefed on economic situation

Dr Abdul Hafeez Shaikh, Federal Minister for Finance, called on President Asif Ali Zardari here on Thursday. Dr Waqar Masood, Finance Secretary was also present during the meeting. The Finance Minister and the Finance Secretary briefed the President about
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks suppo
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks suppo
Published 23 Dec, 2011 12:00am
KSE index up 37.55 points

KSE index up 37.55 points

The KSE-100 index on Thursday gained 37.55 points to close at 11,306.10 points on the back of investors'' interest in available attractive levels. The market opened slightly negative however fresh buying mainly in fertiliser and banking sector stocks supp
Published 23 Dec, 2011 12:00am
BRIndex30 gains 59.92 points

BRIndex30 gains 59.92 points

On Thursday, BRIndex30 opened at 8,362.08. It touched an intraday high of 8,433.18 and an intraday low of 8,347.60 and closed at 8,422.00 which was 59.92 points or 0.72 percent higher than previous close. Total volume stood at 26,087,544, which was 78.55
Published 23 Dec, 2011 12:00am
BRIndex30 gains 59.92 points

BRIndex30 gains 59.92 points

On Thursday, BRIndex30 opened at 8,362.08. It touched an intraday high of 8,433.18 and an intraday low of 8,347.60 and closed at 8,422.00 which was 59.92 points or 0.72 percent higher than previous close. Total volume stood at 26,087,544, which was 78.55
Published 23 Dec, 2011 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities staged recoveries following buying in fertiliser, oil and banking sectors' shares, while ready board shares also remained attractive. The LSE-25 index gained 31.8
Published 23 Dec, 2011 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Dec, 2011 12:00am
Bullish sentiments prevail on LSE

Bullish sentiments prevail on LSE

Bullish sentiments prevailed on the Lahore Stock Exchange (LSE) on Thursday and the equities staged recoveries following buying in fertiliser, oil and banking sectors' shares, while ready board shares also remained attractive. The LSE-25 index gained 31.8
Published 23 Dec, 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 8.41 points, as the Index moved from 2,619.38 to 2,610.97 points.
Published 23 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Government to complete constitutional tenure: Chandio

Government to complete constitutional tenure: Chandio

Minister for Law and Justice Maula Bakhsh Chandio said on Thursday that the government was facing no threats and it would complete its tenure. Talking to media outside the Parliament House, he said, "The democracy has no threat and the government will com
Published 23 Dec, 2011 12:00am
Judgement reserved on KESC's petition against SSGC

Judgement reserved on KESC's petition against SSGC

A division bench of Sindh High Court (SHC) Thursday after hearing arguments of both sides reserved judgement on a petition filed by the Karachi Electric Supply Corporation (KESC) for provision of 276 million cubic feet gas per day (mmcfd). The bench compr
Published 23 Dec, 2011 12:00am
Government's strategy to light up Pakistan

Government's strategy to light up Pakistan

For the very first, and sadly, the very last time in its history, Pakistan managed to produce 3000 MW surplus electricity through successful implementation of the 1994 Power Policy chalked out by the then People's government.
Published 23 Dec, 2011 12:00am
Home Alone: Obama goes shopping, political gift in hand

Home Alone: Obama goes shopping, political gift in hand

US President Barack Obama went Christmas shopping Wednesday, but he already had in his pocket what some pundits say was the best holiday gift ever. Obama is home alone in the White House, making a pointed display of staying put in Washington while most of
Published 23 Dec, 2011 12:00am
The Weather

The Weather

The weather report on Thursday (December 22, 2011) and the forecast for Friday (December 23, 2011).

Published 23 Dec, 2011 12:00am
Two bare meals a day: India's boom eludes the poor

Two bare meals a day: India's boom eludes the poor

Rita Majhi hasn't tasted any meat or fish for two years. It has been over a year since Puran Baswar bought milk for his children. Bet Ram wonders whether he will get work to pay for his next meal. Majhi, Baswar, Ram are among the millions of Indians whom
Published 23 Dec, 2011 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Remembering Benazir Bhutto

Remembering Benazir Bhutto

December 27 will mark the fourth death anniversary of Shaheed Mohtarma Benazir Bhutto, the great visionary leader, who resisted with great courage the agenda of the neo-colonial forces - pushing Pakistan to a theocratic State incapable of progressing towa
Published 23 Dec, 2011 12:00am
Preparation of computerised electoral rolls: ECP clarifies its position

Preparation of computerised electoral rolls: ECP clarifies its position

The Election Commission of Pakistan (ECP) on Thursday clarified various points, appearing in the print and electronic media with regard to preparation of Computerised Electoral Rolls. A press release issued by the ECP said that preparation of Computerised
Published 23 Dec, 2011 12:00am
Unmanned cargo helicopter operating in Afghanistan

Unmanned cargo helicopter operating in Afghanistan

An unmanned helicopter capable of carrying more than 3,500 pounds of cargo (1.6 tonnes) has begun supplying troops in Afghanistan, US military officials said Thursday. It is hoped the K-MAX, which conducted its maiden flight with cargo in a combat zone on
Published 23 Dec, 2011 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Unmanned cargo helicopter operating in Afghanistan

Unmanned cargo helicopter operating in Afghanistan

An unmanned helicopter capable of carrying more than 3,500 pounds of cargo (1.6 tonnes) has begun supplying troops in Afghanistan, US military officials said Thursday. It is hoped the K-MAX, which conducted its maiden flight with cargo in a combat zone on
Published 23 Dec, 2011 12:00am
Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates

Non ferrous metals, ferrous alloy rates in rupees prevailing on the commodity markets in Karachi on Thursday (December 22, 2011).

Published 23 Dec, 2011 12:00am
Tax on income from agriculture

Tax on income from agriculture

All the multilateral financial institutions and most of the analysts have been urging upon the authorities since long to tax incomes originating from various sources without any discrimination. Thankfully, all the provincial governments are now convinced
Published 23 Dec, 2011 12:00am
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