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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-01-17
Barclays bid rates and maximum rates for payment of interest

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 17 Jan, 2012 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 Monday (January 16, 2012).

Published 17 Jan, 2012 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 Monday (January 16, 2012).

Published 17 Jan, 2012 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 Monday (January 16, 2012).

Published 17 Jan, 2012 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 Monday (January 16, 2012).

Published 17 Jan, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (January 16, 2012).
Published 17 Jan, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (January 16, 2012).

Published 17 Jan, 2012 12:00am
Tokyo and Shanghai rubber higher

Tokyo and Shanghai rubber higher

Key Tokyo rubber futures erased earlier losses and ended up 1 percent on Monday, lifted by rises in the Shanghai market, but market activity is seen slowing this week ahead of the Lunar New Year holiday in China. The key Tokyo Commodity Exchange rubber co
Published 17 Jan, 2012 12:00am
CCP raids APCMA premises, cement unit

CCP raids APCMA premises, cement unit

The Competition Commission of Pakistan (CCP) on Monday conducted search and inspection of All Pakistan Cement Manufacturers Association (APCMA) along with an individual cement manufacturer''s office in Lahore and impounded documentary proofs of suspected
Published 17 Jan, 2012 12:00am
EU will give 'GSP Plus' status by 2014

EU will give 'GSP Plus' status by 2014

The European Union will give 'generalised system of preference (GSP) Plus' status to Pakistan by 2014 so that it could avail duty concessions on its exports to European Union member countries and strengthen its economy, French Ambassador Philippe Thiebaud
Published 17 Jan, 2012 12:00am
Continuous gas suspension to industries slammed

Continuous gas suspension to industries slammed

Lahore Chamber of Commerce and Industry Tuesday criticised government for failing to restore supply of gas to the industry and urged it to fulfil its commitment as both the trade and industry were in bad shape due to suspension of gas.
Published 17 Jan, 2012 12:00am
Dengue spray: officials directed to complete first round by January 25

Dengue spray: officials directed to complete first round by January 25

Secretary health, Punjab, Mohammad Jehanzeb Khan has directed concerned officers to complete first round of larva spray by 25th January 2012 in the risky areas of Lahore, Rawalpindi, Gujranwala, Faisalabad and Multan to eradicate dengue larvae and adult m
Published 17 Jan, 2012 12:00am
Kamran mourns death of Arfa Karim

Kamran mourns death of Arfa Karim

Secretary General, Foundation for Rehabilitation & Education of Slow Children (FRESH), Ashba Kamran said on Monday that untimely death of Arfa Karim, the world's youngest Microsoft Certified Professional (MCP), was a big for Pakistan. She said tragic deat
Published 17 Jan, 2012 12:00am
Pak-India MPs to discuss trade, economic ties today

Pak-India MPs to discuss trade, economic ties today

A 15-member multi-party parliamentary delegation of India has arrived in Pakistan to participate in the third round of Pakistan-India Parliamentarians Dialogue facilitated by Pildat. The two-day dialogue will be held on January 17-18, 2012 in Islamabad wh
Published 17 Jan, 2012 12:00am
NetSol Technologies chief condoles death of Arfa

NetSol Technologies chief condoles death of Arfa

Chairman NetSol Technologies Ltd Salim Ghauri has expressed deep grief and sorrow over the sad demise of Arfa Karim, the world's youngest Microsoft Certified Professional (MCP), and described it as an enormous loss for Pakistan. Arfa Karim remained in int
Published 17 Jan, 2012 12:00am
US experts for addressing energy issues on priority basis

US experts for addressing energy issues on priority basis

The economic stability is necessary for political stability in any country and the energy is the main engine of economic growth. These views were expressed by Dr George Perkovich, Vice President for Studies and Director, Nuclear Policy Program, Carnegie E
Published 17 Jan, 2012 12:00am
Wateen Telecom launches 'Freedom Booths'

Wateen Telecom launches 'Freedom Booths'

Wateen Telecom, Pakistan's leading converged communications company, is proud to announce the launch of its new Freedom Booths, a revolutionary communication medium. The Freedom Booths - the first of their kind to be launched anywhere in the world - refle
Published 17 Jan, 2012 12:00am
Four die in separate road accidents

Four die in separate road accidents

Four persons lost their lives in separate road accidents at various parts of the metropolis, here on Monday. According to police and rescue sources, a 17-yaer-old boy was killed in a road accident at Two-Minute Chowrangi in the jurisdiction of Bilal Colon
Published 17 Jan, 2012 12:00am
Bandits loot huge quantity of gold, silver from jewellery shop

Bandits loot huge quantity of gold, silver from jewellery shop

A gang of robbers on Monday looted huge quantity of gold and silver from a jewellery shop in the limits of Gulbahar police station. According to police, the incident took place at Aleem Jewellery shop located at Nazimabad No 1 in the jurisdiction of Gulba
Published 17 Jan, 2012 12:00am
Anjum Rahman joining World Bank as consultant

Anjum Rahman joining World Bank as consultant

Director Corpo-rate Communications & Responsibility, Telenor Pakistan, Anjum Nida Rahman, has decided to move on from Telenor Pakistan and join World Bank as a consultant; she will be leaving Telenor Pakistan by end of January 2012.
Published 17 Jan, 2012 12:00am
Anjum Rahman joining World Bank as consultant

Anjum Rahman joining World Bank as consultant

Director Corpo-rate Communications & Responsibility, Telenor Pakistan, Anjum Nida Rahman, has decided to move on from Telenor Pakistan and join World Bank as a consultant; she will be leaving Telenor Pakistan by end of January 2012.
Published 17 Jan, 2012 12:00am
Textile industry: SNGPL fails to restore gas supply

Textile industry: SNGPL fails to restore gas supply

SNGPL has once again failed to restore gas supply to the textile industry in Punjab, leaving the industry with total dependence on power supply. Textile industry is out of gas supply for last 20 days, as SNGPL has suspended gas supply to textile industry
Published 17 Jan, 2012 12:00am
Four fall prey to targetted killings in Karachi

Four fall prey to targetted killings in Karachi

Four persons including a couple and an under training cop fell prey to targeted killings in separate incidents at various parts of the metropolis, here on Monday. According to police, two tortured bodies including a woman were found in the limits of Site-
Published 17 Jan, 2012 12:00am
Fishermen concerned over jolting condition of jetties

Fishermen concerned over jolting condition of jetties

Fishermen showed serious concerns over the jolting condition of jetties at Keamari's tiny islands-Baba and Bhit, saying the decades' old seafront platforms could collapse anytime. Talking to Business Recorder on Monday, President Bona Fide Fisherme
Published 17 Jan, 2012 12:00am
Young tax officers asked to help boost revenue collection

Young tax officers asked to help boost revenue collection

Member Inland Revenue, Federal Board of Revenue (FBR) Shahid Hussain Asad has called upon young taxation officers to play their role in pulling the country out of quagmire of debt by meeting the shortfall in the revenue collection and help curtail expendi
Published 17 Jan, 2012 12:00am
People-to-people contacts with China to strengthen ties: Prime Minister

People-to-people contacts with China to strengthen ties: Prime Minister

Prime Minister Syed Yousuf Raza Gilani on Monday stressed high-level contacts with China including exchange of parliamentarians, youth and students for strengthening of bilateral ties. Addressing the students from China's Tsinghua University who called on
Published 17 Jan, 2012 12:00am
Talk of President impeachment based on assumptions: Rehman

Talk of President impeachment based on assumptions: Rehman

Interior Minister Rehman Malik on Monday said the talk of impeachment of the President are based on assumptions. Talking to media after a meeting of the Board of National Police Academy, the minister said all the matters relating to Prime Minister Yousuf
Published 17 Jan, 2012 12:00am
MQM postpones Sukkur convention

MQM postpones Sukkur convention

Muttahida Qaumi Movement (MQM) has postponed its convention, 'Prosperous Sindh, Strong Pakistan, scheduled to be held at Jinnah Municipal Stadium, Sukkur on January 20 in wake of the current situation in the country. The decision has been taken in a meeti
Published 17 Jan, 2012 12:00am
Corruption to cause government's downfall: PTI

Corruption to cause government's downfall: PTI

Pakistan Tahreek-e-Insaf (PTI) President Lahore Mahmoodur Rasheed has said that corruption and plundering will be the decisive factors behind the downfall of the present rulers. While addressing party workers here on Monday, he said the 'memogate' has exp
Published 17 Jan, 2012 12:00am
18th Constitutional Amendment: 'power is not a provincial subject'

18th Constitutional Amendment: 'power is not a provincial subject'

Punjab Energy Department Secretary Rab Nawaz has dispelled the impression that after the passage of 18th Constitutional Amendment, power is a provincial subject and all the major decisions regarding power generation are discussed and finalised in the meet
Published 17 Jan, 2012 12:00am
HRCP condemns Khanpur bomb blast

HRCP condemns Khanpur bomb blast

The Human Rights Commission of Pakistan (HRCP) has condemned the attack on a Chehlum procession in Khanpur on Sunday, saying "Sympathetic attitude towards religious extremism in all institutions of the state is responsible for the failure to confront the
Published 17 Jan, 2012 12:00am
Pakistan declared poppy free state during 2011

Pakistan declared poppy free state during 2011

The International Narcotics Control Board (INCB) declared Pakistan a poppy free state during the year 2011, said Joint Secretary Ministry of Narcotics Control Mian Muhammad Zulqarnain Aamir while talking to APP on Monday. He said that in 2011, poppy culti
Published 17 Jan, 2012 12:00am
Malik for launching courses on cyber crime, anti-terrorism

Malik for launching courses on cyber crime, anti-terrorism

Federal Minister for Interior Rehman Malik on Monday stressed upon the need to launch courses on cyber crime, anti-terrorism and money laundering to keep police officials up to date about the global developments in criminology. Chairing the meeting of Boa
Published 17 Jan, 2012 12:00am
Hoti directs timely completion of developmental schemes

Hoti directs timely completion of developmental schemes

Chief Minis-ter Khyber-Pakhtunkhwa Amir Haider Khan Hoti directed the departments of health, education, irrigation, works and services and Public Health Engineering to ensure timely completions of developmental schemes. He also issued directives for remov
Published 17 Jan, 2012 12:00am
Sindh chief secretary takes notice of high poultry prices

Sindh chief secretary takes notice of high poultry prices

Sindh Chief Secretary, Raja Muhammad Abbas, has taken notice of public complaints and media reports regarding increase in prices of poultry meat and eggs. A statement issued here on Monday said that he directed the officials concerned to take steps to che
Published 17 Jan, 2012 12:00am
Habib Metropolitan Bank declares PLS rates

Habib Metropolitan Bank declares PLS rates

Habib Metropolitan Bank Limited has declared the following rates of profit on various types of PLS deposits for the period of six months ended December 31, 2011.

Published 17 Jan, 2012 12:00am
Habib Metropolitan Bank declares PLS rates

Habib Metropolitan Bank declares PLS rates

Habib Metropolitan Bank Limited has declared the following rates of profit on various types of PLS deposits for the period of six months ended December 31, 2011.

Published 17 Jan, 2012 12:00am
Inquiry Commission on Abbottabad meets

Inquiry Commission on Abbottabad meets

A meeting of the Inquiry Commission on Abbottabad Operation was held with Justice Javed Iqbal, Former Senior Judge of the Supreme Court of Pakistan, in the chair here on Monday.
Published 17 Jan, 2012 12:00am
12 alleged outlaws held, valuables recovered

12 alleged outlaws held, valuables recovered

Islamabad Police have arrested 12 outlaws from various areas for their alleged involvement in dacoities, possessing fake currency, bootlegging and recovered a car, and nine wine bottles and looted items worth millions of rupees from their possession, a po
Published 17 Jan, 2012 12:00am
Lecture on Manto's writings today

Lecture on Manto's writings today

Habib University Foundation (HUF) is arranging a lecture titled "Progressives and Perverts: A Conversation with Dr Kamran Asdar Ali on Wednesday, (tomorrow) at T2F. Moderated by Asif Aslam Furrukhi, the conversation will explore debates on morality connec
Published 17 Jan, 2012 12:00am
Inclusion of non-tribal member on FATA tribunal opposed

Inclusion of non-tribal member on FATA tribunal opposed

FATA Lawyers Forum, a representative body of Peshawar-based lawyers, has opposed inclusion of non-tribal members on FATA Tribunal and demanded nomination of capable members of legal fraternity on it.
Published 17 Jan, 2012 12:00am
Meezan Bank honoured

Meezan Bank honoured

Meezan Bank has been awarded 'Best Islamic Bank in Pakistan' for 2011 by Islamic Finance News of REDmoney Group, Malaysia. The Islamic Finance News (IFN) Awards honour the best in the Islamic financial industry and is one of the most prestigious and recog
Published 17 Jan, 2012 12:00am
IBA's refresher course for NBP employees

IBA's refresher course for NBP employees

IBA has commenced a fifty hours refresher course for the employees of NBP in which the talented IBA faculty will work on developing skills both in English and Math's to improve skills on Business communication and decision making.
Published 17 Jan, 2012 12:00am
Rs one billion released for implementation of Textile Policy 2009-14

Rs one billion released for implementation of Textile Policy 2009-14

The government on Monday released one billion rupees to the Ministry of Textile Industry for the implementation of Textile Policy (2009-14), it is learnt reliably. The government had earmarked Rs 7.75 billion in the current fiscal year for the implementat
Published 17 Jan, 2012 12:00am
Seminar on 'Investment Opportunities in Pakistan' held in Thailand

Seminar on 'Investment Opportunities in Pakistan' held in Thailand

A seminar organised by the Embassy of Pakistan in Thailand in collaboration with Board of Investment (BOI), Islamabad titled "Investment Opportunities in Pakistan" and 'BOI Fair 2012' held from January 5-20, 2012 at Bangkok, Thailand, says a press release
Published 17 Jan, 2012 12:00am
PHP arrests seven murderers

PHP arrests seven murderers

Punjab Highway Patrol (PHP) on Monday arrested seven murderers, a proclaimed offender and seized 7 unlicensed weapons. According to the details, PHP 312/GB, T.T Singh received wireless message that 7 accused had murdered a person at Chak 327/GB and ran aw
Published 17 Jan, 2012 12:00am
President summons Senate session today

President summons Senate session today

President Asif Ali Zardari has summoned the Senate to meet in the Parliament House on January 17 (Tuesday) at 1600 hours. The President has summoned the session in exercise of powers conferred on him by Clause (1) of Article (54) of the Constitution. It w
Published 17 Jan, 2012 12:00am
Khyber Pakhtunkhwa speaker for legislation against power theft

Khyber Pakhtunkhwa speaker for legislation against power theft

Speaker, Khyber Pakhtunkhwa, Kiramatullah Khan has hinted at legislation on the pattern of that made for control on stealing of natural gas to curb the menace. Addressing a joint meeting of local elders and officials of Peshawar Electricity Supply Company
Published 17 Jan, 2012 12:00am
First Shahbaz Bhatti Freedom Award presented

First Shahbaz Bhatti Freedom Award presented

The First Step Forum (FSF) has presented the First Shahbaz Bhatti Freedom Award to the late Federal Minister for Minorities, Shahbaz Bhatti. His brother, Dr Paul Bhatti, Adviser to Prime Minister for Interfaith Harmony, received the award on his behalf at
Published 17 Jan, 2012 12:00am
'Demand for livestock, its products increasing'

'Demand for livestock, its products increasing'

Minister for Agriculture and Livestock, Malik Ahmad Ali Aulakh has said that demand for livestock and its products is increasing due to population growth, urbanisation and increase in per capita income.
Published 17 Jan, 2012 12:00am
Swelling trade deficit

Swelling trade deficit

The latest news on the balance of trade of the country is simply disappointing. According to the data released by Pakistan Bureau of Statistics (PBS), the country's trade deficit ballooned to dollar 11.48 billion during the first half (July-December) of 2
Published 17 Jan, 2012 12:00am
Deepening crisis

Deepening crisis

The rather hard positions taken by the three important centres of power - Prime Minister House, General Headquarters and Supreme Court - spawning uncertainty and confusion tends to get harder by the day - even though the 'all-is-well' official gloss is ne
Published 17 Jan, 2012 12:00am
Jamhoor - do they count?

Jamhoor - do they count?

Pakistan's parliamentarians - in-power as well as out of it - are together in defending "Jamhooriyat", which is admirable. But what is twice as deplorable is their blatant sidelining of the crucial interests of the "Jamhoor" (the people) they all profess
Published 17 Jan, 2012 12:00am
Rescue efforts on ship snarled, fuel-spill threat looms

Rescue efforts on ship snarled, fuel-spill threat looms

Several dogs and their minders huddle together under the drizzle on the quayside as the man, the signs of a rough night stamped on his face, somehow finds the energy to pull past them before climbing into a waiting van. "Don't call me a hero, I'm just doi
Published 17 Jan, 2012 12:00am
Scavenging crows!

Scavenging crows!

This refers to Prime Minister Gilani's impassioned plea made the other day, on the floor of the house to his party colleagues, coalition partners and sundry political associates, citing the current difficulties the government finds itself embroiled in, ur
Published 17 Jan, 2012 12:00am
IoBM to represent Pakistan in Hong Kong

IoBM to represent Pakistan in Hong Kong

IoBM has won 2011-12 CFA local competition by securing top position followed by Lahore School of Economics (second position) and Fast School of Business (third). In the last two competitions, IoBM teams were runners up. The competition was held at Avari H
Published 17 Jan, 2012 12:00am
Sindh University to hold international moot on January 20

Sindh University to hold international moot on January 20

The University of Sindh is holding a one-day international seminar on 'Maintaining International Peace and Security in the 21st Century: Impact on South Asia' on January 20 at Karachi. A number of scholars from Pakistan and abroad will present their paper
Published 17 Jan, 2012 12:00am
Over seventy milk sellers held for overcharging

Over seventy milk sellers held for overcharging

More than seventy milk sellers in the city were arrested and sent to jail on Monday for violating the government orders and selling milk at exorbitant rates. Commissioner Karachi Roshan Ali Shaikh told Business Recorder that the government had fixe
Published 17 Jan, 2012 12:00am
PIA and 'Make-A-Wish' help ailing children meet Salman Khan

PIA and 'Make-A-Wish' help ailing children meet Salman Khan

Pakistan International Airlines (PIA) and Make-A-Wish Foundation Pakistan flew a group of ailing children desirous to meet Bollywood star, Salman Khan in Mumbai. PIA, the official partner of Make-A-Wish Foundation Pakistan sponsored the trip for these chi
Published 17 Jan, 2012 12:00am
Sindh Assembly offers Fateha for late Bukhari

Sindh Assembly offers Fateha for late Bukhari

In a brief sitting, the Sindh Assembly on Monday could only offer fateha for the deceased provincial lawmaker of the ruling PPP, Syed Mohsin Shah Bukhari who died on Monday, January 13, and left the daily business undone. The Sindh Assembly, with Nisar Kh
Published 17 Jan, 2012 12:00am
Dry weather predicted

Dry weather predicted

The met office on Monday forecast dry weather in the country with foggy and misty conditions in plains of Punjab and Khyber-Pakhtunkhwa in the next three days. "Western disturbance lying over northern parts of the country is likely to move away in the nor
Published 17 Jan, 2012 12:00am
PIA contemplating purchase of new aircraft

PIA contemplating purchase of new aircraft

The Pakistan International Airlines is contemplating replacement of 13 old, but workable, aircraft with the same number of new aircraft to be purchased to enable the management add new routes and destinations. Reliable sources said that at a time when the
Published 17 Jan, 2012 12:00am
Gold rises in London

Gold rises in London

Gold firmed a touch on Monday in US holiday-thinned trade, with firmer stock markets and a recovery in the euro from early lows taking some pressure off the metal, while traders digested last week's eurozone downgrades from Standard & Poor's. The single c
Published 17 Jan, 2012 12:00am
Gold steadies in Asia

Gold steadies in Asia

Spot gold traded steady on Monday, weighed down by a strong dollar after mass downgrades of eurozone nations by Standard & Poor's on Friday, while its safe haven appeal could benefit from renewed fears about the euro zone debt crisis. Gold posted its bigg
Published 17 Jan, 2012 12:00am
Brazil to approve new oil auctions

Brazil to approve new oil auctions

Brazil's President Dilma Rousseff will approve the country's 11th oil rights concession auction "within weeks," Energy Minister Edison Lobao told Reuters on Sunday, opening the door to the first major offer of Brazilian petroleum exploration rights in mor
Published 17 Jan, 2012 12:00am
Iran bans foreign currency trading

Iran bans foreign currency trading

Iran's central bank deputy governor said Monday that trading foreign currency outside of banks and licensed currency exchange operations was now banned, marking the government's latest attempt to stem an outflow of foreign currency amid worries over the s
Published 17 Jan, 2012 12:00am
Euro struggles versus dollar, yen in London

Euro struggles versus dollar, yen in London

The euro struggled near a 17-month low versus the dollar and an 11-year low against the yen on Monday as mass downgrades of euro zone states threatened the lending capacity of the eurozone's bailout fund and with Greece's future in the bloc unclear.
Published 17 Jan, 2012 12:00am
Euro hits 11-year low versus yen

Euro hits 11-year low versus yen

The euro hit a fresh 11-year low versus the yen on Monday and was stuck near a 17-month low against the dollar after Standard & Poor's mass downgrade of eurozone countries late last week. News of the downgrade came as negotiations between Greece and priva
Published 17 Jan, 2012 12:00am
Money markets: Italian downgrade compounds bank funding problems

Money markets: Italian downgrade compounds bank funding problems

Standard & Poor's decision to strip Italy of its single-A rating means many of the country's banks are likely to see their debt move closer to non-investment grade, compounding their funding problems. Italian banks, shut out of funding markets, are alread
Published 17 Jan, 2012 12:00am
Miners support FTSE as investors eye China data

Miners support FTSE as investors eye China data

Britain's top shares rose on Monday, led by miners, as investors' attention shifted from the euro zone debt crisis towards economic data from China. Mining stocks tracked metals prices higher as markets eyed a batch of Chinese data on Tuesday, including G
Published 17 Jan, 2012 12:00am
Australian shares dip

Australian shares dip

Australian stocks fell 1.2 percent on Monday, led lower by banks and miners after Standard & Poor's cut the debt ratings of nine of the eurozone's 17 countries including France, aggravating debt funding problems in the eurozone. "Investors seem to be exer
Published 17 Jan, 2012 12:00am
Taiwan stocks down

Taiwan stocks down

Taiwan stocks ended down 1.09 percent on Monday with investors focusing on eurozone woes after Standard & Poor's sovereign debt rating cuts and looking past President Ma Ying-jeou's re-election that could speed up ties trade with China.
Published 17 Jan, 2012 12:00am
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