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Print - 2012-11-13
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 (November 12, 2012).

Published 13 Nov, 2012 12:00am
Who helped former Ogra chief flee?

Who helped former Ogra chief flee?

The Supreme Court on Monday summoned Inspectors General of Police Islamabad and Punjab along with the team deputed to arrest former chairman of Oil and Gas Regulatory Authority (Ogra). A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Just
Published 13 Nov, 2012 12:00am
Who helped former Ogra chief flee?

Who helped former Ogra chief flee?

The Supreme Court on Monday summoned Inspectors General of Police Islamabad and Punjab along with the team deputed to arrest former chairman of Oil and Gas Regulatory Authority (Ogra). A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Just
Published 13 Nov, 2012 12:00am
Who helped former Ogra chief flee?

Who helped former Ogra chief flee?

The Supreme Court on Monday summoned Inspectors General of Police Islamabad and Punjab along with the team deputed to arrest former chairman of Oil and Gas Regulatory Authority (Ogra). A three-member bench of Chief Justice Iftikhar Muhammad Chaudhry, Just
Published 13 Nov, 2012 12:00am
US to overtake Saudi Arabia as top oil producer: IEA

US to overtake Saudi Arabia as top oil producer: IEA

The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to achieving previously unthinkable energy self-sufficiency. The Internati
Published 13 Nov, 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 (November 12, 2012).

Published 13 Nov, 2012 12:00am
US to overtake Saudi Arabia as top oil producer: IEA

US to overtake Saudi Arabia as top oil producer: IEA

The United States will overtake Saudi Arabia and Russia as the world's top oil producer by 2017, the West's energy agency said on Monday, predicting Washington will come very close to achieving previously unthinkable energy self-sufficiency. The Internati
Published 13 Nov, 2012 12:00am
US to overtake Saudi Arabia as top oil producer: IEA

US to overtake Saudi Arabia as top oil producer: IEA

The United States will overtake Saudi Arabia and Russia as the world''s top oil producer by 2017, the West''s energy agency said on Monday, predicting Washington will come very close to achieving previously unthinkable energy self-sufficiency. The Interna
Published 13 Nov, 2012 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 12, 2012).
Published 13 Nov, 2012 12:00am
Central Asia oil economies bucking global slowdown: IMF

Central Asia oil economies bucking global slowdown: IMF

Oil- and gas-exporting countries in Central Asia should take advantage of growth of around 5.5 percent this year and next to invest in developing other industries, the IMF said on Monday. The region is currently shielded from a global slowdown by high com
Published 13 Nov, 2012 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am
Central Asia oil economies bucking global slowdown: IMF

Central Asia oil economies bucking global slowdown: IMF

Oil- and gas-exporting countries in Central Asia should take advantage of growth of around 5.5 percent this year and next to invest in developing other industries, the IMF said on Monday. The region is currently shielded from a global slowdown by high com
Published 13 Nov, 2012 12:00am
Central Asia oil economies bucking global slowdown: IMF

Central Asia oil economies bucking global slowdown: IMF

Oil- and gas-exporting countries in Central Asia should take advantage of growth of around 5.5 percent this year and next to invest in developing other industries, the IMF said on Monday. The region is currently shielded from a global slowdown by high com
Published 13 Nov, 2012 12:00am
Central Asia oil economies bucking global slowdown: IMF

Central Asia oil economies bucking global slowdown: IMF

Oil- and gas-exporting countries in Central Asia should take advantage of growth of around 5.5 percent this year and next to invest in developing other industries, the IMF said on Monday. The region is currently shielded from a global slowdown by high com
Published 13 Nov, 2012 12:00am
Index loses 29.59 points

Index loses 29.59 points

After witnessing a bullish trend during last many sessions, the investors on Monday opted for profit taking and the benchmark KSE-100 index lost 29.59 points to close at 16,213.68 points. Selling was seen from both local and foreign fronts. The offshore i
Published 13 Nov, 2012 12:00am
Index loses 29.59 points

Index loses 29.59 points

After witnessing a bullish trend during last many sessions, the investors on Monday opted for profit taking and the benchmark KSE-100 index lost 29.59 points to close at 16,213.68 points. Selling was seen from both local and foreign fronts. The offshore i
Published 13 Nov, 2012 12:00am
Index loses 29.59 points

Index loses 29.59 points

After witnessing a bullish trend during last many sessions, the investors on Monday opted for profit taking and the benchmark KSE-100 index lost 29.59 points to close at 16,213.68 points. Selling was seen from both local and foreign fronts. The offshore i
Published 13 Nov, 2012 12:00am
BRIndex30 slips 21.45 points

BRIndex30 slips 21.45 points

On Monday, BRIndex30 opened at 10,910.59. It touched an intraday high of 10,986.02 and an intraday low of 10,874.50 and closed at 10,889.14 which was -21.45 points or -0.2 percent lower than previous close. Total volume was 116,388,900, which was 77.9 per
Published 13 Nov, 2012 12:00am
BRIndex30 slips 21.45 points

BRIndex30 slips 21.45 points

On Monday, BRIndex30 opened at 10,910.59. It touched an intraday high of 10,986.02 and an intraday low of 10,874.50 and closed at 10,889.14 which was -21.45 points or -0.2 percent lower than previous close. Total volume was 116,388,900, which was 77.9 per
Published 13 Nov, 2012 12:00am
Supreme Court asks official to address Haqqani's security concerns

Supreme Court asks official to address Haqqani's security concerns

The Supreme Court on Monday summoned federal Interior Secretary to appear before the court today (Tuesday) to address former Ambassador to the US Hussain Haqqani's security concerns. A nine-member larger bench led by Chief Justice Iftikhar Chaudhry resume
Published 13 Nov, 2012 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am
Supreme Court asks official to address Haqqani's security concerns

Supreme Court asks official to address Haqqani's security concerns

The Supreme Court on Monday summoned federal Interior Secretary to appear before the court today (Tuesday) to address former Ambassador to the US Hussain Haqqani's security concerns. A nine-member larger bench led by Chief Justice Iftikhar Chaudhry resume
Published 13 Nov, 2012 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (November 12, 2012).
Published 13 Nov, 2012 12:00am
Major proposed tax initiative approved by Prime Minister

Major proposed tax initiative approved by Prime Minister

Prime Minister Raja Pervez Ashraf on Monday gave his approval to proposed 'Tax Registration and Enforce-ment Initiative' aimed at documenting over 3.8 million potential individuals, who belong to rich class but are out of tax net. Sources told Business
Published 13 Nov, 2012 12:00am
Major proposed tax initiative approved by Prime Minister

Major proposed tax initiative approved by Prime Minister

Prime Minister Raja Pervez Ashraf on Monday gave his approval to proposed 'Tax Registration and Enforce-ment Initiative' aimed at documenting over 3.8 million potential individuals, who belong to rich class but are out of tax net. Sources told Business
Published 13 Nov, 2012 12:00am
Major proposed tax initiative approved by Prime Minister

Major proposed tax initiative approved by Prime Minister

Prime Minister Raja Pervez Ashraf on Monday gave his approval to proposed ''Tax Registration and Enforce-ment Initiative'' aimed at documenting over 3.8 million potential individuals, who belong to rich class but are out of tax net. Sources told Busine
Published 13 Nov, 2012 12:00am
FBR fails to execute key reforms

FBR fails to execute key reforms

The Federal Board of Revenue has failed to implement key taxation reforms agreed with the International Monetary Fund (IMF) in November 2008 as part of the $7.6 billion Stand By Arrangement. The major tax reforms that the government has failed to implemen
Published 13 Nov, 2012 12:00am
FBR fails to execute key reforms

FBR fails to execute key reforms

The Federal Board of Revenue has failed to implement key taxation reforms agreed with the International Monetary Fund (IMF) in November 2008 as part of the $7.6 billion Stand By Arrangement. The major tax reforms that the government has failed to implemen
Published 13 Nov, 2012 12:00am
FBR fails to execute key reforms

FBR fails to execute key reforms

The Federal Board of Revenue has failed to implement key taxation reforms agreed with the International Monetary Fund (IMF) in November 2008 as part of the $7.6 billion Stand By Arrangement. The major tax reforms that the government has failed to implemen
Published 13 Nov, 2012 12:00am
President signs DRA Bill into law

President signs DRA Bill into law

President Asif Ali Zardari on Monday signed Drug Regulatory Authority Bill 2012 into a law to prevent the sale of fake, substandard and non-registered medicines and to stop hoarding by creating an autonomous DRA, holding the key to regulate the manufactur
Published 13 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am
President signs DRA Bill into law

President signs DRA Bill into law

President Asif Ali Zardari on Monday signed Drug Regulatory Authority Bill 2012 into a law to prevent the sale of fake, substandard and non-registered medicines and to stop hoarding by creating an autonomous DRA, holding the key to regulate the manufactur
Published 13 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am
President signs DRA Bill into law

President signs DRA Bill into law

President Asif Ali Zardari on Monday signed Drug Regulatory Authority Bill 2012 into a law to prevent the sale of fake, substandard and non-registered medicines and to stop hoarding by creating an autonomous DRA, holding the key to regulate the manufactur
Published 13 Nov, 2012 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 12, 2012).

Published 13 Nov, 2012 12:00am
President signs DRA Bill into law

President signs DRA Bill into law

President Asif Ali Zardari on Monday signed Drug Regulatory Authority Bill 2012 into a law to prevent the sale of fake, substandard and non-registered medicines and to stop hoarding by creating an autonomous DRA, holding the key to regulate the manufactur
Published 13 Nov, 2012 12:00am
Dual citizenship: 30th last date for submission of fresh oaths

Dual citizenship: 30th last date for submission of fresh oaths

The Election Commission of Pakistan (ECP) on Monday extended the deadline for submission of fresh declarations of dual citizenship by lawmakers until November 30. The ECP held a meeting attended by all provincial election commissioners, officials of Nadra
Published 13 Nov, 2012 12:00am
Dual citizenship: 30th last date for submission of fresh oaths

Dual citizenship: 30th last date for submission of fresh oaths

The Election Commission of Pakistan (ECP) on Monday extended the deadline for submission of fresh declarations of dual citizenship by lawmakers until November 30. The ECP held a meeting attended by all provincial election commissioners, officials of Nadra
Published 13 Nov, 2012 12:00am
Balochistan situation takes new turn

Balochistan situation takes new turn

Deputy Speaker Balochistan Assembly Matiullah Agha summons the session of Balochistan Assembly on Tuesday (today), which was earlier cancelled by Speaker Balochistan Assembly Aslam Bhootani after assuming the charge of Acting Governor, a private TV channe
Published 13 Nov, 2012 12:00am
Balochistan situation takes new turn

Balochistan situation takes new turn

Deputy Speaker Balochistan Assembly Matiullah Agha summons the session of Balochistan Assembly on Tuesday (today), which was earlier cancelled by Speaker Balochistan Assembly Aslam Bhootani after assuming the charge of Acting Governor, a private TV channe
Published 13 Nov, 2012 12:00am
Karzai seeks foreign investment on India trip

Karzai seeks foreign investment on India trip

President Hamid Karzai said Monday that Afghanistan was confident in its future and ripe for foreign investment as he touted for Indian business despite continuing unrest in his war-torn country. After holding talks with Indian Prime Minister Manmohan Sin
Published 13 Nov, 2012 12:00am
Karzai seeks foreign investment on India trip

Karzai seeks foreign investment on India trip

President Hamid Karzai said Monday that Afghanistan was confident in its future and ripe for foreign investment as he touted for Indian business despite continuing unrest in his war-torn country. After holding talks with Indian Prime Minister Manmohan Sin
Published 13 Nov, 2012 12:00am
Karzai seeks foreign investment on India trip

Karzai seeks foreign investment on India trip

President Hamid Karzai said Monday that Afghanistan was confident in its future and ripe for foreign investment as he touted for Indian business despite continuing unrest in his war-torn country. After holding talks with Indian Prime Minister Manmohan Sin
Published 13 Nov, 2012 12:00am
Islamic crowd funding portal launched in Egypt

Islamic crowd funding portal launched in Egypt

A new web portal launched in Egypt says it is the first crowd funding service in the country that obeys the principles of Islamic finance. Crowd funding allows large numbers of investors to become shareholders in a project by contributing very small amoun
Published 13 Nov, 2012 12:00am
Islamic crowd funding portal launched in Egypt

Islamic crowd funding portal launched in Egypt

A new web portal launched in Egypt says it is the first crowd funding service in the country that obeys the principles of Islamic finance. Crowd funding allows large numbers of investors to become shareholders in a project by contributing very small amoun
Published 13 Nov, 2012 12:00am
Islamic crowd funding portal launched in Egypt

Islamic crowd funding portal launched in Egypt

A new web portal launched in Egypt says it is the first crowd funding service in the country that obeys the principles of Islamic finance. Crowd funding allows large numbers of investors to become shareholders in a project by contributing very small amoun
Published 13 Nov, 2012 12:00am
Islamic crowd funding portal launched in Egypt

Islamic crowd funding portal launched in Egypt

A new web portal launched in Egypt says it is the first crowd funding service in the country that obeys the principles of Islamic finance. Crowd funding allows large numbers of investors to become shareholders in a project by contributing very small amoun
Published 13 Nov, 2012 12:00am
Government asked to consider amending Army Act

Government asked to consider amending Army Act

The Supreme Court on Monday issued directives to the federal government to consider amending the Pakistan Army Act 1952 that bars handing a copy of the verdict to the accused under the Field General Court Martial (FGCM). A three-member bench of Chief Just
Published 13 Nov, 2012 12:00am
Government asked to consider amending Army Act

Government asked to consider amending Army Act

The Supreme Court on Monday issued directives to the federal government to consider amending the Pakistan Army Act 1952 that bars handing a copy of the verdict to the accused under the Field General Court Martial (FGCM). A three-member bench of Chief Just
Published 13 Nov, 2012 12:00am
Ahmadinejad due next week for D-8 Summit

Ahmadinejad due next week for D-8 Summit

Iranian President Mahmoud Ahmadinejad will visit Pakistan next week to attend a summit meeting of the group of eight Muslim developing countries (D-8) on November 22. "The President has been officially invited by his Pakistani counterpart Asif Ali Zardari
Published 13 Nov, 2012 12:00am
Ahmadinejad due next week for D-8 Summit

Ahmadinejad due next week for D-8 Summit

Iranian President Mahmoud Ahmadinejad will visit Pakistan next week to attend a summit meeting of the group of eight Muslim developing countries (D-8) on November 22. "The President has been officially invited by his Pakistani counterpart Asif Ali Zardari
Published 13 Nov, 2012 12:00am
Asghar Khan case: FIA yet to receive formal directive

Asghar Khan case: FIA yet to receive formal directive

The Federal Investigation Agency (FIA) is yet to receive a formal directive to initiate a probe into Asghar Khan case in light of Supreme Court of Pakistan's verdict, it is learnt.
Published 13 Nov, 2012 12:00am
Asghar Khan case: FIA yet to receive formal directive

Asghar Khan case: FIA yet to receive formal directive

The Federal Investigation Agency (FIA) is yet to receive a formal directive to initiate a probe into Asghar Khan case in light of Supreme Court of Pakistan's verdict, it is learnt.
Published 13 Nov, 2012 12:00am
Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistani workers remitted a historic amount of 1,365.1 million dollars in October, as against 1,017.87 million dollars sent by them in the same month of the last fiscal year (October, 2011) showing a tremendous jump of 347.23 million dollars or
Published 13 Nov, 2012 12:00am
Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistani workers remitted a historic amount of 1,365.1 million dollars in October, as against 1,017.87 million dollars sent by them in the same month of the last fiscal year (October, 2011) showing a tremendous jump of 347.23 million dollars or
Published 13 Nov, 2012 12:00am
Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistanis remit over $1.365 billion historic amount last month

Overseas Pakistani workers remitted a historic amount of 1,365.1 million dollars in October, as against 1,017.87 million dollars sent by them in the same month of the last fiscal year (October, 2011) showing a tremendous jump of 347.23 million dollars or
Published 13 Nov, 2012 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 13 Nov, 2012 12:00am
'Political' nature of Kayani's statement challenged

'Political' nature of Kayani's statement challenged

A petition filed in the Islamabad High Court (IHC) on Monday challenged the "political" nature of a recent statement made by Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani. The petition, filed in the IHC by Colonel Inam Rahim (Retd), alleges that
Published 13 Nov, 2012 12:00am
'Political' nature of Kayani's statement challenged

'Political' nature of Kayani's statement challenged

A petition filed in the Islamabad High Court (IHC) on Monday challenged the "political" nature of a recent statement made by Chief of Army Staff (CoAS) General Ashfaq Parvez Kayani. The petition, filed in the IHC by Colonel Inam Rahim (Retd), alleges that
Published 13 Nov, 2012 12:00am