AGL 35.20 Decreased By ▼ -0.50 (-1.4%)
AIRLINK 123.23 Decreased By ▼ -10.27 (-7.69%)
BOP 5.04 Increased By ▲ 0.07 (1.41%)
CNERGY 3.91 Decreased By ▼ -0.12 (-2.98%)
DCL 8.15 Decreased By ▼ -0.27 (-3.21%)
DFML 44.22 Decreased By ▼ -3.18 (-6.71%)
DGKC 74.35 Decreased By ▼ -0.65 (-0.87%)
FCCL 24.47 Increased By ▲ 0.22 (0.91%)
FFBL 48.20 Increased By ▲ 2.20 (4.78%)
FFL 8.78 Decreased By ▼ -0.15 (-1.68%)
HUBC 145.85 Decreased By ▼ -8.25 (-5.35%)
HUMNL 10.85 Decreased By ▼ -0.15 (-1.36%)
KEL 4.00 Decreased By ▼ -0.06 (-1.48%)
KOSM 8.00 Decreased By ▼ -0.88 (-9.91%)
MLCF 32.80 Increased By ▲ 0.05 (0.15%)
NBP 57.15 Decreased By ▼ -0.65 (-1.12%)
OGDC 145.35 Increased By ▲ 2.55 (1.79%)
PAEL 25.75 Decreased By ▼ -0.26 (-1%)
PIBTL 5.76 Decreased By ▼ -0.16 (-2.7%)
PPL 116.80 Increased By ▲ 2.20 (1.92%)
PRL 24.00 Decreased By ▼ -0.15 (-0.62%)
PTC 11.05 Decreased By ▼ -0.42 (-3.66%)
SEARL 58.41 Increased By ▲ 0.41 (0.71%)
TELE 7.49 Decreased By ▼ -0.22 (-2.85%)
TOMCL 41.10 Decreased By ▼ -0.04 (-0.1%)
TPLP 8.31 Decreased By ▼ -0.36 (-4.15%)
TREET 15.20 Increased By ▲ 0.12 (0.8%)
TRG 55.20 Decreased By ▼ -4.70 (-7.85%)
UNITY 27.85 Decreased By ▼ -0.15 (-0.54%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 8,572 No Change 0 (0%)
BR30 27,276 No Change 0 (0%)
KSE100 81,459 No Change 0 (0%)
KSE30 25,800 No Change 0 (0%)
Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2012-04-14
DPC to hold rally tomorrow

DPC to hold rally tomorrow

Difa-e-Pakistan Council (DPC) will hold a rally in provincial metropolis on Sunday (tomorrow). Addressing at press conference Chairman Media Committee, DPC and JI Secretary Information, Israrullah Advocate, while announcing the schedule of the rally here
Published 14 Apr, 2012 12:00am
Maintenance work: CDA brings 37 filtration plants online

Maintenance work: CDA brings 37 filtration plants online

The Capital Development Authority (CDA) has made all 37 water filtration plants operational in the federal capital, an official said on Friday. "All filtration plants have been made operational by replacing water filters and after necessary repairs and ma
Published 14 Apr, 2012 12:00am
BoP loan scam: parties asked to settle issues amicably

BoP loan scam: parties asked to settle issues amicably

Adjourning the hearing of Rs 9 billion Bank of Punjab loan scam Friday, the Supreme Court issued directives to the counsel for the bank and the owner of Haris Steel Mills to settle issues relating to recovery of loans amicably by the next date of hearing.
Published 14 Apr, 2012 12:00am
Reactivation of CPLC: IGP supports idea

Reactivation of CPLC: IGP supports idea

Inspector General of Police, Khyber Pakhtunkhwa, Nawabzada Akbar Khan Hoti on Friday backed the business community idea for reactivation of Citizens Police Liaison Committee (CPLC) to proper tackle and address issues confronting businessmen, traders and i
Published 14 Apr, 2012 12:00am
Ebad, Qaim to inaugurate SITE area flyover today

Ebad, Qaim to inaugurate SITE area flyover today

Sindh Governor, Dr Ishrat-ul-Ebad Khan, Chief Minister, Syed Qaim Ali Shah and Minister for Industries and Commerce Abdul Rauf Siddqui would inaugurate the Afza Altaf Hussein Flyover at Habib Bank Chowrangi of SITE area on Saturday. This was announced by
Published 14 Apr, 2012 12:00am
Growth of free, independent media in Pakistan

Growth of free, independent media in Pakistan

Today, we are living in the age of information. With the advent of modern technologies and social media, it is impossible to ignore the rapid growing need for information in every walk of life. Nowadays everyone is dependent on quick, easy and reliable so
Published 14 Apr, 2012 12:00am
LHC summons Ayesha Ahad Malik

LHC summons Ayesha Ahad Malik

The Lahore High Court on Friday summoned Ayesha Ahad Malik in her petition seeking directions for registration of a case against police torture allegedly at the behest of PML-N MNA Mian Hamza Shahbaz. The petitioner Ayesha, who claimed to be wife of Hamza
Published 14 Apr, 2012 12:00am
HBL renews Microsoft enterprise agreement

HBL renews Microsoft enterprise agreement

Habib Bank Limited (HBL) recently renewed its Microsoft Enterprise Agreement (EA) for a 3-year period through InfoTech (Pvt) Ltd, which is Microsoft's Direct Large Account Reseller (DLAR). At a ceremony held recently at Karachi, Mudassir Khan, CIO of HBL,
Published 14 Apr, 2012 12:00am
Common tax code: Indian tax authorities constitute study team

Common tax code: Indian tax authorities constitute study team

Indian tax authorities have constituted a study team to examine the feasibility for drafting a common tax code for service tax and central excise, which would be adopted to harmonise the two legislations in India. Tax experts told Business Recorder </i
Published 14 Apr, 2012 12:00am
New Tuberculosis testing laboratory set up in Lahore

New Tuberculosis testing laboratory set up in Lahore

Al Razi Healthcare facility has launched a new state-of-the-art, BSL-3 TB testing laboratory in Lahore, which is the first of its kind in the province of Punjab. This lab will provide physicians with fast, accurate and reliable TB diagnosis. With the incr
Published 14 Apr, 2012 12:00am
Government utilising all resources to tackle rising unemployment: Hoti

Government utilising all resources to tackle rising unemployment: Hoti

Chief Minister, Khyber Pakhtunkhwa, Ameer Haider Khan Hoti has said that the growing unemployment is the major problem of the province along with other challenges and the government is utilising all its resources to solve this matter. He was talking to va
Published 14 Apr, 2012 12:00am
Polio campaign in Sialkot district from April 23

Polio campaign in Sialkot district from April 23

All arrangement have been finalised for three days anti-polio drive in Sialkot district and over 5.34 lakh children of under five year would be administered polio drops. The three-day drive would be kicked off on April 23rd and Assistant Commissioners of
Published 14 Apr, 2012 12:00am
PML-N criticises expansion in federal cabinet

PML-N criticises expansion in federal cabinet

Pakistan Muslim League-Nawaz (PML-N) on Friday criticised the government for expansion in the federal cabinet, terming the move a clear violation of the 18th Constitutional Amendment. While reacting to induction of five more federal ministers and six mini
Published 14 Apr, 2012 12:00am
Major anomaly in sales tax law still exists: expert

Major anomaly in sales tax law still exists: expert

The government in 2011-12 budget forgot to reduce one percent sales tax on about 70 items/raw materials attracting higher rate of sales tax up to 22 percent, applicable through notification 644(I)/2007. A tax expert told Business Recorder here on F
Published 14 Apr, 2012 12:00am
Developers to carry out construction at their own expense

Developers to carry out construction at their own expense

The developers of nine approved private housing schemes have announced on Friday to construct respective parts of structure plan road from Valencia Town to Raiwind Road, which pass through their schemes, at their own expense. According to a Lahore Develop
Published 14 Apr, 2012 12:00am
Lahore chamber: OIC Ambassadors' Conference begins today

Lahore chamber: OIC Ambassadors' Conference begins today

The OIC Ambassadors Conference, being arranged by the Lahore Chamber of Commerce and Industry (LCCI) in collaboration with the ministry of foreign affairs, will be held on Saturday (today) at Bhurban. Federal Minister for Foreign Affairs Hina Rabbani Khar
Published 14 Apr, 2012 12:00am
Workshop on gender equality, social welfare of women held

Workshop on gender equality, social welfare of women held

Advisor to Chief Minister Punjab Begum Zakia Shahnawaz has said that journalism is a sacred profession and the people associated with this profession can play an important role in the social development. She expressed these views while addressing the inau
Published 14 Apr, 2012 12:00am
'Young doctors' strike unethical, unjustified'

'Young doctors' strike unethical, unjustified'

Special Assistant to Chief Minister Punjab on Health Khawaja Salman Rafique has said that strike of Young Doctors' Association (YDA) in government hospitals is unethical and totally unjustified. He said that misbehaviour of doctors with principals and sen
Published 14 Apr, 2012 12:00am
'IAPex 2012' opens at Karachi Expo Centre

'IAPex 2012' opens at Karachi Expo Centre

The Institute of Architects Pakistan opened its 8th 'IAPex 2012' exhibition here at the Expo Centre on Friday. This year's theme for the exhibition and conference is 'Building Bridges'. Sindh Minister for Revenue Jam Mehtab, who was chief guest at the ope
Published 14 Apr, 2012 12:00am
Dell launches highest performing servers

Dell launches highest performing servers

Dell launched a portfolio of its highest performing blade, rack and tower PowerEdge servers, optimized for use in demanding enterprise environments of Pakistan. Dell continues to innovate to deliver features that are industry firsts and make the PowerEdge
Published 14 Apr, 2012 12:00am
Toyota IMV sales reach five million units

Toyota IMV sales reach five million units

Toyota Motor Corporation (TMC) has announced that the world-wide cumulative sale of its Innovative International Multi-purpose Vehicle (IMV) series has reached 5 million units at the end of March. The series is manufactured in 11 locations including Pakis
Published 14 Apr, 2012 12:00am
Advisory to growers

Advisory to growers

Growers have been advised to make arrangements for timely reaping the Rabi crop in order to avoid/minimise the post harvest losses, as increased frequency of dust-thunderstorms associated with rain showers/hails have been forecasted for coming weeks.
Published 14 Apr, 2012 12:00am
Motorcycle spare parts: 'cut in import duty to curb smuggling'

Motorcycle spare parts: 'cut in import duty to curb smuggling'

To smash the smuggling trend and smugglers out of business the only solution is to curb smuggling by cut in custom duties on commercial import of motorcycle spare parts, All Pakistan Motorcycle Spare Parts Importers & Dealers Association suggested in its
Published 14 Apr, 2012 12:00am
Prime Minister urged to abolish fuel adjustment charge

Prime Minister urged to abolish fuel adjustment charge

Pakistan Industrial and Traders Association (PIAF) while terming the fuel adjustment charges in the electricity bills a 'robbery' urged the Prime Minister Yousaf Raza Gilani to abolish this self-made tax immediately.
Published 14 Apr, 2012 12:00am
FAP docks largest bulk cargo-laden vessel at its terminal

FAP docks largest bulk cargo-laden vessel at its terminal

Fauji Akbar Portia (FAP) on Friday docked the largest bulk cargo-laden vessel carrying 60,000 metric tons of Australian canola at its terminals at Port Qasim. MV RAPALLO - the largest vessel of bulk cargo, which has ever arrived at any seaports of the cou
Published 14 Apr, 2012 12:00am
Trading in DFC, CSF: two securities to be excluded from list

Trading in DFC, CSF: two securities to be excluded from list

The Karachi Stock Exchange has said that two securities namely Kot Addu Power Company Limited and Dawood Hercules Limited will be excluded from the list of eligible securities for trading under Deliverable Futures Contract (DFC) and Cash Settled Futures C
Published 14 Apr, 2012 12:00am
Punjab chief minister's role towards resolving energy crisis lauded

Punjab chief minister's role towards resolving energy crisis lauded

Khawaja Jalaluddin Roomi, former Punjab Minister for Industries, ex-President of MCCI & APBUMA appreciated the Chief Minister Punjab Shahbaz Sharif's role for advocating Punjab energy case very properly and very wisely. He said that the Chief Minister Pun
Published 14 Apr, 2012 12:00am
Government pledges: textile industry bitter over energy crisis

Government pledges: textile industry bitter over energy crisis

Textile industry circles have criticised the government for not meeting energy requirements despite repeated commitments from quarters concerned. An APTMA delegation had called on President Asif Ali Zardari during his recent visit to Lahore where both the
Published 14 Apr, 2012 12:00am
Master plan for industrial revival?

Master plan for industrial revival?

The current slump in Pakistan's industrial productivity is in sharp contrast to the sector's vibrancy in the 1960s. The decline is attributable largely to conceptual flaws in Pakistan's successive industrial policies, many of which were allegedly formulat
Published 14 Apr, 2012 12:00am
North Korea generates renewed fears with failed launch

North Korea generates renewed fears with failed launch

Pyongyang's gesture of strength and defiance has ended in fiasco. The failure to launch an observation satellite represents a serious setback to the isolated communist state's ambitions to push its goal this year of being on the threshold of becoming a "p
Published 14 Apr, 2012 12:00am
German-Swiss pact on hidden accounts: Lessons for Pakistan - II

German-Swiss pact on hidden accounts: Lessons for Pakistan - II

The PPP government has no intention to renegotiate the existing tax treaty with the Swiss government as has been done by a number of countries including India, to retrieve billions in taxes if not the entire funds. In Pakistan, the private efforts to invo
Published 14 Apr, 2012 12:00am
Studying the whys of agriculture research

Studying the whys of agriculture research

I have been involved in research and agriculture policy since my transfer from Planning in Punjab to the agriculture department and the phone call from the Chief Minister at 5am in the morning. Why not, was my reply but little did I realise that that woul
Published 14 Apr, 2012 12:00am
Unsafe drinking water

Unsafe drinking water

Access to potable water remains a major issue in this country. If that is not bad enough, an assessment report recently released by the Pakistan Council of Research in Water Resources (PCRWR) on the quality of piped water makes an extremely worrisome read
Published 14 Apr, 2012 12:00am
Disappointing level of agricultural tax receipts

Disappointing level of agricultural tax receipts

While there is increasing demand at various forums to raise additional resources from the agricultural sector, the position on the ground is not only disappointing but continues to worsen with the passage of time. According to a summary prepared by the Fi
Published 14 Apr, 2012 12:00am
PAD's directive to cotton growers

PAD's directive to cotton growers

A spokesman of Punjab Agriculture Department (PAD) on Friday has advised the cotton growers to use approved quality and certified seeds pay special attention on recommendations/directives issued by the agricultural experts to ensure maximum yield and good
Published 14 Apr, 2012 12:00am
PHMA seeks end to ban on purchase of machinery

PHMA seeks end to ban on purchase of machinery

The Pakistan Hardware Merchants Association (PHMA) on Friday has demanded of the government to lift ban on purchase of machinery, as government was the buyer of 30 per cent of the total sale of machinery and spare-parts in the country.
Published 14 Apr, 2012 12:00am
SRO 191/2012/0 FPCCI urges FBR chief to issue clarification

SRO 191/2012/0 FPCCI urges FBR chief to issue clarification

Sheikh Shakeel Ahmed Dhingra, Acting President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), referring to a news about enforcing the condition of furnishing CNIC number or NTN of unregistered buyers by the registered persons in thei
Published 14 Apr, 2012 12:00am
Over 4000 megawatts shortfall to hurt Punjab

Over 4000 megawatts shortfall to hurt Punjab

Power shortfall continued to stay above 4000MW, leading to extensive load shedding both in urban and rural areas of Punjab. According to Pepco sources, power generation through hydel, thermal and IPPs stood at 2704MW, 1690MW and 5825MW respectively. Meanw
Published 14 Apr, 2012 12:00am
Water plants: filters should be changed after due date: DCO

Water plants: filters should be changed after due date: DCO

District Co-ordination Officer (DCO) Lahore Noor-ul-Amin Mengal has said that filters of water filtration plants should be changed after due date and ordered the administration to register a FIR against firms that do not change filters after due date. He
Published 14 Apr, 2012 12:00am
Pakistan needs trade, technology, skills: Punjab chief minister

Pakistan needs trade, technology, skills: Punjab chief minister

Punjab Chief Minister Muhammad Shahbaz Sharif said on Friday that Pakistan needed trade, technology and modern knowledge and skills instead of foreign aid. "The Punjab government took the historic decision of renouncing the foreign aid 10-month ago and is
Published 14 Apr, 2012 12:00am
German court rules in Motorola's favour

German court rules in Motorola's favour

Motorola scored a victory in a patent war with rival Apple Friday when a German court upheld a decision banning it from offering services for synchronising e-mails on its devices in Germany. The Mannheim regional court found that Apple's iCloud and Mobile
Published 14 Apr, 2012 12:00am
Iran ships 'off radar' as Tehran conceals oil sales

Iran ships 'off radar' as Tehran conceals oil sales

Iran is concealing the destination of its oil sales by disabling tracking systems aboard its tanker fleet, making it difficult to assess how much crude Tehran is exporting as it seeks to counter Western sanctions aimed at cutting its oil revenues.Most of
Published 14 Apr, 2012 12:00am
US writer Eggers shuns Grass Foundation prize

US writer Eggers shuns Grass Foundation prize

US writer Dave Eggers would not travel to Germany to receive a prize Friday from the Gunter Grass Foundation due to the controversy over the Nobel laureate's recent poem on Israel, his agency said. Eggers, 42, best known for his memoir "A Heartbreaking Wo
Published 14 Apr, 2012 12:00am
Presidential frontrunner held after Guinea-Bissau coup bid

Presidential frontrunner held after Guinea-Bissau coup bid

The man tipped to win Guinea-Bissau's presidential election was in army custody on Friday after troops seized control of the capital of the coup-prone west African country. Prime Minister Carlos Gomes Junior - the favourite in a second-round run-off ballo
Published 14 Apr, 2012 12:00am
Cameron calls for suspending Myanmar sanctions

Cameron calls for suspending Myanmar sanctions

British Prime Minister David Cameron said Friday that he would support suspending the European Union's economic sanctions on Myanmar, which are to be reviewed by the end of the month. Cameron spoke after meetings with the country's reform-minded president
Published 14 Apr, 2012 12:00am
Special prayers held for snow-hit soldiers, civilians

Special prayers held for snow-hit soldiers, civilians

The leaders and workers of district chapter of Pakistan Sunni Tehreek arranged special prayers here at their divisional office on Friday for the safe recovery of 132 soldiers and civilians who have been trapped under an avalanche in Siachen.
Published 14 Apr, 2012 12:00am
SCDA reactivated for neglected areas: Qaim

SCDA reactivated for neglected areas: Qaim

Chief Minister Sindh Syed Qaim Ali Shah has said that the present government has reactivated the Sindh Coastal Development Authority (SCDA) to uplift the coastal areas of the province, as these areas were neglected during past regimes. This he observed wh
Published 14 Apr, 2012 12:00am
94 percent lawmakers stay away from crucial debate: FAFEN

94 percent lawmakers stay away from crucial debate: FAFEN

The joint session of the parliament from March 20-April 12 saw only one-fourth of the session time being spent on debating the recommendations of the Parliamentary Committee on National Security (PCNS) formed to review relations with the United States and
Published 14 Apr, 2012 12:00am
Besakhi festival concludes

Besakhi festival concludes

The 313th Sikh religious and traditional festival Besakhi concluded here at Gurdwara Punja Sahib Hassanabdal on Friday. The concluding ceremony was attended by over 10,000 Sikh and Hindu yatrees including over 2,000 from India, Canada and other countries.
Published 14 Apr, 2012 12:00am
JI chief flays legislators

JI chief flays legislators

The unanimous adoption of the Parliament's resolution on Nato supplies proved that lawmakers were giving preference to the US interests over national interest, Ameer of Jamaat-i-Islami Syed Munawar Hasan said on Friday. Addressing a large Friday congregat
Published 14 Apr, 2012 12:00am
PCNS recommendations: Imran condemns unanimous passage of resolution

PCNS recommendations: Imran condemns unanimous passage of resolution

Chairman PTI, Imran Khan on Friday issued a strong condemnation of the unanimous passage of the PCNS resolution by Parliament on Thursday, seeking to redefine Pakistan-US relations. Citing this as yet another example of the 'muq muqa' politics practised b
Published 14 Apr, 2012 12:00am
Lyari violence claims seven lives

Lyari violence claims seven lives

A Criminal Investigation Department (CID) of police raid in Lyair in the wee hours of Friday led to outbreak of violence and violent protests in the locality that left at least seven people dead and dozen other injured. Enraged residents of Lyari took to
Published 14 Apr, 2012 12:00am
33 Indian prisoners handed over to BSF

33 Indian prisoners handed over to BSF

Pakistan government on Friday handed over 33 Indian prisoners including 26 fishermen and seven civilians to the officials of Border Security Force (BSF) of India at Wagha Boarder near here. The Fishermen were released from the Malir District Prison Karach
Published 14 Apr, 2012 12:00am
Pakistan and Italy ink MoU for medical unit upgradation

Pakistan and Italy ink MoU for medical unit upgradation

Pakistan and Italy on Friday signed a memorandum of understanding (MoU) here for upgradation of Nishtar Hospital's Burn Unit to provide modern treatment facilities to acid attack victims particularly women. Principal Nishtar Hospital and Medical College P
Published 14 Apr, 2012 12:00am
CNG stations 24-hour closure today

CNG stations 24-hour closure today

All the CNG stations in Sindh including Karachi will remain closed for 24 hours from 9 am on April 14 (today) till 9 am on April 15, 2012, under gas load management drive. According to an announcement of Sui Southern Gas Company (SSGC) here Friday. This s
Published 14 Apr, 2012 12:00am
MPS: Highlights

MPS: Highlights

Real Sector Large-scale manufacturing index grew sharply by 6 percent (year-on-year) in February 2012. Real GDP (fc) growth moderated to 2.4 percent in FY11 mainly due to lacklustre performance of industrial sector affected by infrastructural const
Published 14 Apr, 2012 12:00am
MPS: Highlights

MPS: Highlights

Real Sector Large-scale manufacturing index grew sharply by 6 percent (year-on-year) in February 2012. Real GDP (fc) growth moderated to 2.4 percent in FY11 mainly due to lacklustre performance of industrial sector affected by infrastructural const
Published 14 Apr, 2012 12:00am
CJCSC inaugurates SPD Training Academy

CJCSC inaugurates SPD Training Academy

General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee (CJCSC), while inaugurating the newly established, state of the art Training Academy of Strategic Plans Division (SPD), has said that the highest standards of safety and security in th
Published 14 Apr, 2012 12:00am
Shanghai copper dips

Shanghai copper dips

The most-active July copper contract on the Shanghai Futures Exchange dipped 0.4 percent to 58,030 yuan ($9,200) a tonne on Friday, reversing course from early gains. China's economy grew slower than expected in the first quarter, reviving doubts about se
Published 14 Apr, 2012 12:00am
Copper falls below $8,000

Copper falls below $8,000

Copper fell below $8,000 a tonne on Friday as disappointing Chinese growth data deepened worries over slower demand from the world's top metals consumer, while a stronger dollar and concerns about the euro zone debt crisis added pressure.
Published 14 Apr, 2012 12:00am
Oil slips as China growth lags forecast

Oil slips as China growth lags forecast

Oil prices fell on Friday and posted a weekly loss after data showed that first-quarter economic growth in China, the world's No. 2 oil consumer, was the weakest in nearly three years, reinforcing concerns about slowing demand for petroleum. A stronger do
Published 14 Apr, 2012 12:00am
Platinum, palladium prices forecast to rise

Platinum, palladium prices forecast to rise

Confidence in platinum prices has strengthened since the start of the year after its strong first quarter, and palladium is seen as a still better bet as cautious hopes for a recovery in demand gain traction, a Reuters poll showed on Friday. The survey of
Published 14 Apr, 2012 12:00am
Tokyo rubber falls

Tokyo rubber falls

Key TOCOM rubber futures fell on Friday to hit their lowest close in almost three months and post a sixth straight week of declines after China's growth data came in weaker than expected and overshadowed optimism over demand. Rubber broke below a key supp
Published 14 Apr, 2012 12:00am
The Weather

The Weather

The weather report on Friday (April 13, 2012) and the forecast for Saturday (April 14, 2012).

Published 14 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Wheat surges two percent

Wheat surges two percent

US wheat rallied 2 percent on Thursday, posting its biggest daily gain so far this month, and corn rose as well after a cold snap threatened to harm US crops and macro-econoomic markets found fresh legs Corn advanced for the second day in a row as freezin
Published 14 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 14 Apr, 2012 12:00am
Palm oil falls

Palm oil falls

Malaysian palm oil futures closed lower on Friday, as traders took profits from a 13-month high hit earlier in the week, while market players are also keeping a close watch on Malaysian palm exports data due on Monday. Palm oil futures went as high as 3,6
Published 14 Apr, 2012 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 14 Apr, 2012 12:00am
Cocoa jumps

Cocoa jumps

Cocoa futures jumped more than 3 percent on Friday, defying broad weakness in commodity markets, lifted by higher-than-expected grind data in Europe and on technical buying a day after prices bounced like a pogo stick off support levels.
Published 14 Apr, 2012 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Gold jumps in New York

Gold jumps in New York

Spot gold prices jumped more than 1 percent on Thursday, with technical buying, a strengthening euro and hopes for a Fed stimulus to the US economy cited as driving a late-morning recovery in bullion, which had declined in early trade. Spot gold was up 1.
Published 14 Apr, 2012 12:00am
Gold down in Asia

Gold down in Asia

Gold edged lower on Friday after weaker-than-expected first-quarter growth data from China prompted a modest rise in the dollar, but losses were capped as the slower growth fuelled prospects for further monetary easing. Spot gold fell to an intra-day low
Published 14 Apr, 2012 12:00am
Gold slips in Europe

Gold slips in Europe

Gold prices slipped below $1,670 an ounce on Friday, pausing in their biggest one-week rally since late February as the dollar firmed against key currencies, with the euro falling out of favour due to worries over Spain's financial health. Nominally highe
Published 14 Apr, 2012 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Grains tumble

Grains tumble

US grains fell on Friday in risk-off trading after data showed China's economy grew slower than expected in the first quarter, an indicator it could slow purchases of US commodities. Corn dropped 2 percent to a two-week low, reversing course after posting
Published 14 Apr, 2012 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Akrecgue/Gold prices fell almost 1.5 percent on Friday as a stronger dollar sparked a wave of end-of-week selling amid mounting fears about the euro-zone debt crisis and after Chinese economic growth data disappointed investors. Bullion ended off session
Published 14 Apr, 2012 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Budget ceilings of 64 ministries, divisions finalised

Budget ceilings of 64 ministries, divisions finalised

The priorities committee meetings completed its deliberations for the allocation of budget, (recurrent and development), to ministries and divisions for 2012-13. The five-day meeting of the committee started on Monday at the ministry of finance to finalis
Published 14 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Budget ceilings of 64 ministries, divisions finalised

Budget ceilings of 64 ministries, divisions finalised

The priorities committee meetings completed its deliberations for the allocation of budget, (recurrent and development), to ministries and divisions for 2012-13. The five-day meeting of the committee started on Monday at the ministry of finance to finalis
Published 14 Apr, 2012 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (April 13, 2012).

Published 14 Apr, 2012 12:00am
Budget ceilings of 64 ministries, divisions finalised

Budget ceilings of 64 ministries, divisions finalised

The priorities committee meetings completed its deliberations for the allocation of budget, (recurrent and development), to ministries and divisions for 2012-13. The five-day meeting of the committee started on Monday at the ministry of finance to finalis
Published 14 Apr, 2012 12:00am
US drastically reducing aid projects in Pakistan

US drastically reducing aid projects in Pakistan

The United States is drastically reducing the number of aid projects in Pakistan as part of reforms aimed at improving the distribution of billions of dollars in funding, the top US aid official said Friday. The total amount of civilian aid will remain th
Published 14 Apr, 2012 12:00am
US drastically reducing aid projects in Pakistan

US drastically reducing aid projects in Pakistan

The United States is drastically reducing the number of aid projects in Pakistan as part of reforms aimed at improving the distribution of billions of dollars in funding, the top US aid official said Friday. The total amount of civilian aid will remain th
Published 14 Apr, 2012 12:00am
THE RUPEE: dollar loses ground

THE RUPEE: dollar loses ground

Upward trend in the foreign exchange reserves, pushed up the rupee versus dollar in the currency market on Friday, dealers said. The rupee recovered eight paisa in relation to dollar for buying at 90.64 and it also gained seven paisa for selling at 90.66,
Published 14 Apr, 2012 12:00am
US drastically reducing aid projects in Pakistan

US drastically reducing aid projects in Pakistan

The United States is drastically reducing the number of aid projects in Pakistan as part of reforms aimed at improving the distribution of billions of dollars in funding, the top US aid official said Friday. The total amount of civilian aid will remain th
Published 14 Apr, 2012 12:00am
THE RUPEE: dollar loses ground

THE RUPEE: dollar loses ground

Upward trend in the foreign exchange reserves, pushed up the rupee versus dollar in the currency market on Friday, dealers said. The rupee recovered eight paisa in relation to dollar for buying at 90.64 and it also gained seven paisa for selling at 90.66,
Published 14 Apr, 2012 12:00am
Previous Day