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Mar 07, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-02-05
Mali Tuaregs seize two fleeing Islamist leaders

Mali Tuaregs seize two fleeing Islamist leaders

Tuareg rebels in northern Mali said on Monday they had captured two senior Islamist insurgents fleeing French air strikes toward the Algerian border, as France pressed ahead with its bombing campaign against al Qaeda's Saharan desert camps.
Published 05 Feb, 2013 12:00am
UNSC vows 'strong' action on North Korea nuclear test

UNSC vows 'strong' action on North Korea nuclear test

The UN Security Council will take "very firm and strong" action against any nuclear test by North Korea, the council president said Tuesday. Kim Sook, South Korea's UN envoy, said the test appeared "imminent" and any blast would be "a dangerous attempt to
Published 05 Feb, 2013 12:00am
Former Marine charged with famed US sniper's death

Former Marine charged with famed US sniper's death

An Iraq war veteran was facing murder charges Monday for allegedly gunning down two men, one of whom was a former Navy SEAL sniper whose exploits in the same conflict were detailed in a best-selling book. Chris Kyle, who wrote "American Sniper: The Autobi
Published 05 Feb, 2013 12:00am
After 500 years, Richard III's bones yield their secret

After 500 years, Richard III's bones yield their secret

A skeleton with a cleaved skull and a curved spine dug up from under a car park is that of Richard III, archaeologists said on Monday, solving a 500-year-old mystery about the final resting place of the last English king to die in battle. Cast by Shakespe
Published 05 Feb, 2013 12:00am
Yemeni court jails 17 Somali pirates

Yemeni court jails 17 Somali pirates

A Yemeni court on Monday sentenced 16 Somali to 10 years in jail and another to five years behind bars for acts of piracy in the Gulf of Aden, a judicial source said. The court in the south-eastern coastal city of Mukalla convicted the group of hijacking
Published 05 Feb, 2013 12:00am
At least eight killed in California bus accident

At least eight killed in California bus accident

At least eight people were killed and more than 30 were injured in a multiple vehicle accident in southern California that involved a passenger bus from Mexico, officials said. The accident occurred at about 6:30 pm local time (0230 GMT Monday) in a rural
Published 05 Feb, 2013 12:00am
Turkey Prime Minister slams Europe support for terror fight

Turkey Prime Minister slams Europe support for terror fight

Turkish Prime Minister Recep Tayyip Erdogan on Monday criticised Europe over inadequate support for Ankara's fight against terrorism, calling on some countries to extradite suspected extremists wanted by Turkey. "Terrorists who commit the bloodiest murder
Published 05 Feb, 2013 12:00am
Opposition chief says offers Assad peaceful exit

Opposition chief says offers Assad peaceful exit

Syrian opposition leader Moaz Alkhatib urged President Bashar al-Assad on Monday to respond to his initiative for dialogue, saying it was aimed at ending the bloodshed and helping "the regime leave peacefully". Speaking after meeting senior Russian, US an
Published 05 Feb, 2013 12:00am
India resolves protocol problem with French leader's partner

India resolves protocol problem with French leader's partner

India will treat French President Francois Hollande's partner Valerie Trierweiler as if she were his wife, resolving a potential protocol headache for his visit at the end of the month. Hollande has been with Trierweiler, a 47-year-old divorced journalist
Published 05 Feb, 2013 12:00am
Three Afghan civilians killed by roadside bombs

Three Afghan civilians killed by roadside bombs

Three Afghan civilians were killed and four women wounded in two bomb attacks in southern Afghanistan, officials said Monday. Two workers were killed when their vehicle was hit by a roadside bomb in Charchino district of Uruzgan province Monday, provincia
Published 05 Feb, 2013 12:00am
Steyn bowls South Africa to victory

Steyn bowls South Africa to victory

Dale Steyn struck with the second new ball to secure a 211-run win for South Africa before lunch on the fourth day of the first Test against Pakistan at the Wanderers Stadium on Monday. Steyn dismissed overnight batsmen Asad Shafiq and Misbah-ul-Haq insid
Published 05 Feb, 2013 12:00am
Investigators expose global soccer fixing scam

Investigators expose global soccer fixing scam

Hundreds of soccer matches at club and national team level have been fixed in a global betting scam run from Singapore, police said on Monday, in a blow to the image of the world's most popular sport and a multi-billion dollar industry. About 680 suspicio
Published 05 Feb, 2013 12:00am
Burkina, Nigeria advance as Ivory Coast fail again

Burkina, Nigeria advance as Ivory Coast fail again

Burkina Faso and Nigeria completed the line-up for the African Nations Cup semi-finals on Sunday as tournament favourites Ivory Coast again failed to live up to expectations. Burkina Faso beat Togo 1-0 thanks to an extra-time goal from Jonathan Pitroipa i
Published 05 Feb, 2013 12:00am
Magician Aguero salvages draw for City

Magician Aguero salvages draw for City

Manchester City's Sergio Aguero scored from a near-impossible angle to salvage a 2-2 home draw with Liverpool but a memorable Steven Gerrard goal still helped boost Premier League leaders Manchester United on Sunday. The irony of one of Liverpool's most b
Published 05 Feb, 2013 12:00am
Clarke wins fourth Allan Border Medal

Clarke wins fourth Allan Border Medal

Australian captain Michael Clarke won his fourth Allan Border Medal as the nation's cricketer of the year at a gala ceremony in Melbourne on Monday. Clarke, 31, and his predecessor as captain Ricky Ponting, are the only players to win the medal, considere
Published 05 Feb, 2013 12:00am
Watson back for West Indies ODIs

Watson back for West Indies ODIs

All-rounder Shane Watson was Monday named in Australia's squad for this week's two One-day internationals against the West Indies following his recovery from a calf injury. Watson will replace Usman Khawaja as Australia seek to wrap up the five-game serie
Published 05 Feb, 2013 12:00am
SBP-Panthers win inter-department tape ball cricket

SBP-Panthers win inter-department tape ball cricket

SBP-Panthers won the 4th State Bank Inter Department Tape Ball Cricket Tournament 2012-13 by beating SBP-Dolphins by 15 runs in the final played at SBP Sports Complex, North Nazimabad, Karachi. Batting first, SBP-Panthers scored 106 for 7 in 10 overs. In
Published 05 Feb, 2013 12:00am
Rajasthan Royals fined for foreign exchange breaches

Rajasthan Royals fined for foreign exchange breaches

Owners of Indian Premier League side Rajasthan Royals have been slapped with a fine of one billion rupees ($18.8 million) for alleged foreign exchange violations, media reports said on Monday. IPL chairman Rajeev Shukla declined to comment. The enforcemen
Published 05 Feb, 2013 12:00am
Balotelli grabs brace in dream start for Milan

Balotelli grabs brace in dream start for Milan

Mario Balotelli scored a brace on his debut, including a controversial late penalty, to secure a precious 2-1 win for AC Milan over Udinese on Sunday and move the resurgent Rossoneri up to fourth place in Serie A. Champions Juventus remain top after resto
Published 05 Feb, 2013 12:00am
Messi penalty saves Barca at Valencia

Messi penalty saves Barca at Valencia

A Lionel Messi penalty rescued Barcelona as they were held to a 1-1 draw at Valencia before their lead at the top was cut to nine points when Atletico Madrid clinched a 1-0 win over Real Betis. The four-time World Player of the Year extended his record sc
Published 05 Feb, 2013 12:00am
Afghanistan to play five One-dayers, one T20

Afghanistan to play five One-dayers, one T20

Afghanistan cricket team will play three One-day matches against Regional teams and two One-day matches and one T20 match against Pakistan-A cricket team on their ongoing tour of Pakistan. In the first regional match, Afghanistan will play against a side
Published 05 Feb, 2013 12:00am
Pakistani football team leaving for Nepal

Pakistani football team leaving for Nepal

Pakistan Football team is leaving for Nepal and Maldives on Tuesday (today) to play friendly football matches against Nepal on February 6 & 9, and Maldives on February 12 & 14. PFF President Faisal Saleh Hayat hoped that those matches would provide exposu
Published 05 Feb, 2013 12:00am
Sterling recovers

Sterling recovers

Sterling rose on Monday, recouping some of last week's steep losses that sent it tumbling to a 15-month low against the euro, as market players booked profits on recent euro strength. Weak Spanish data and political uncertainty in Spain and Italy also wei
Published 05 Feb, 2013 12:00am
Australian and New Zealand dollars at four-year peaks versus yen

Australian and New Zealand dollars at four-year peaks versus yen

The Australian and New Zealand dollars shot up to fresh four-year peaks on the yen on Monday and held their ground against their US counterpart, while bond prices fell to their lowest since May as major support levels finally gave way.
Published 05 Feb, 2013 12:00am
Swiss franc lower

Swiss franc lower

The Swiss franc ticked lower against the dollar on Monday, pulling back from a nine-month high hit during the Friday session after a raft of US macro data pointed to improvements in the world's largest economy. The franc fell 0.1 percent against the dolla
Published 05 Feb, 2013 12:00am
Won leads gains on inflows

Won leads gains on inflows

The South Korean won marked in its biggest daily gain in nearly 15 months on Monday, leading gains among emerging Asian currencies as improved global economic signs boosted fund inflows. Evidence of recovery in major economies led investors to raise inves
Published 05 Feb, 2013 12:00am
Bangladesh's interbank forex, interest rates

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 79.16-79.18 (79.20-79.20). Call Money Rates: 08.50-08.50 percent (previous 07.50-08.50 percent.
Published 05 Feb, 2013 12:00am
Euro's rally takes a pause on brewing political worries

Euro's rally takes a pause on brewing political worries

The euro retreated from multi-month highs against the yen and dollar on Monday as speculators took profit on the common currency's rally and caution set in before the European Central Bank meets this week. Weak Spanish unemployment data, a lower-than-expe
Published 05 Feb, 2013 12:00am
Early trade in New York: Euro falls from peaks

Early trade in New York: Euro falls from peaks

The euro fell from peaks against the yen and dollar on Monday as most investors bet recent gains were too far, too fast ahead of a European Central Bank meeting this week and amid political uncertainty in Spain and Italy. Weak Spanish unemployment data an
Published 05 Feb, 2013 12:00am
Yen steadies in Asia

Yen steadies in Asia

The yen steadied slightly off a 2 1/2-year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now. Sentiment toward the yen remained bearish, however, as the B
Published 05 Feb, 2013 12:00am
Indian rupee falls

Indian rupee falls

The Indian rupee fell on Monday, retreating from a three-and-a-half-month high touched earlier in the session, hit by a fall in domestic shares although inflows from an upcoming government stake sale could support the local currency this week. "The rupee
Published 05 Feb, 2013 12:00am
FTSE suffers worst day in three months

FTSE suffers worst day in three months

Britain's top share index suffered its biggest one-day fall in three months on Monday, as growing political uncertainty in continental Europe and a string of analyst downgrades sparked a wave of profit taking from 4-1/2 year highs. The growing popularity
Published 05 Feb, 2013 12:00am
Indian shares fall to three-week low

Indian shares fall to three-week low

Indian shares fell to a three-week low on Monday after disappointing quarterly earnings hit Bank of Baroda and IDFC, while investors continued to book profits in recent outperformers such as ONGC. Broader losses were capped as Tata Motors and UltraTech Ce
Published 05 Feb, 2013 12:00am
Taiwan stocks up

Taiwan stocks up

Taiwan stocks gained 0.86 percent on Monday reaching more than a 10-month closing high, with financial shares jumping 3.3 percent as investors continued to stock-up after China announced measures to open its securities and futures markets to Taiwan. The m
Published 05 Feb, 2013 12:00am
European politics send shares sliding

European politics send shares sliding

European shares fell steeply on Monday as mounting political uncertainty in major euro debtor countries prompted investors to lock in profits on indexes trading close to multi-year highs. The FTSEurofirst 300 ended down 1.5 percent at 1,150.91 points, its
Published 05 Feb, 2013 12:00am
Seoul shares slip

Seoul shares slip

South Korean shares retreated on Monday as the won's strength weighed on big exporters, reversing the market's early gains on the back of a rally on Wall Street. The Korea Composite Stock Price Index (KOSPI) slipped 0.2 percent to close at 1,953.21 points
Published 05 Feb, 2013 12:00am
Chinese shares hit multi-month highs; Hong Kong lower

Chinese shares hit multi-month highs; Hong Kong lower

Hong Kong shares reversed early gains to end lower in choppy Monday trade, as investors took profit on the Chinese insurance sector after mainland regulators approved HSBC's sale of its remaining stake in Ping An Insurance. Investors rotated into Chinese
Published 05 Feb, 2013 12:00am
Resilient UAE markets rally; Egypt index rises to three-week high

Resilient UAE markets rally; Egypt index rises to three-week high

Investors in the United Arab Emirates shrugged off weak earnings from Aldar Properties and the country's two markets rallied as confidence in local equities supported buying. Dubai's measure climbed 0.9 percent to head back towards Thursday's 37-month hig
Published 05 Feb, 2013 12:00am
Monday's midday trade: Wall Street retreats

Monday's midday trade: Wall Street retreats

US stocks declined on Monday after a disappointing report on factory orders, retreating from gains in the prior session that left the S&P 500 at a five-year high and the Dow above 14,000. Investors also grew wary on political uncertainty in the euro zone,
Published 05 Feb, 2013 12:00am
Nikkei hits fresh 33-month high

Nikkei hits fresh 33-month high

Japan's Nikkei share average hit a fresh 33-month peak on Monday as exporters kept rising and hints of recovery for troubled consumer electronics companies Panasonic Corp and Sharp Corp attracted retail investors. Panasonic jumped 17 percent - rising by i
Published 05 Feb, 2013 12:00am
Southeast Asia markets: Philippines, Indonesia at record high

Southeast Asia markets: Philippines, Indonesia at record high

Southeast Asian stock markets mostly gained on Monday amid positive global sentiment, with selective buying in banks and large caps sending the Philippine and Indonesian indexes to a record close and Thailand breaking the 1,500 barrier to a more than 18-y
Published 05 Feb, 2013 12:00am
Singapore manufacturing PMI rises

Singapore manufacturing PMI rises

Helped by increased orders for electronics, manufacturing activity in Singapore rose in January after contracting for six consecutive months, according to an industry survey that showed the city state joining in a recovery in manufacturing globally. The p
Published 05 Feb, 2013 12:00am
Dubai's ENOC turns from Iran to Qatar for condensates

Dubai's ENOC turns from Iran to Qatar for condensates

Emirates National Oil Company (ENOC) signed an annual contract with Qatar's International Petroleum Marketing Company (Tasweeq) to buy 20,000 barrels per day of condensate, the Emirati company said, as it aims to cut imports from Iran of extra light oil.
Published 05 Feb, 2013 12:00am
Key tuberculosis vaccine trial fails; more waiting in the wings

Key tuberculosis vaccine trial fails; more waiting in the wings

A highly anticipated study of the first new tuberculosis vaccine in 90 years showed it offered no added benefit over the current vaccine when it came to protecting babies from TB infections, a disappointing but not entirely unexpected outcome, researchers
Published 05 Feb, 2013 12:00am
Swatch's upbeat view stokes hopes China demand improving

Swatch's upbeat view stokes hopes China demand improving

Swatch Group SA said it was optimistic about 2013 as it reported higher margins, providing further evidence the luxury goods sector was set to benefit from improved demand in major markets such as China and the United States. The group, which makes colour
Published 05 Feb, 2013 12:00am
EU, US on verge of 'difficult' free-trade negotiations

EU, US on verge of 'difficult' free-trade negotiations

The United States and the European Union are wrapping up final preparations for talks on a free-trade agreement that would encompass half the world's economic output, Europe's trade chief said on Saturday, while warning of "difficult negotiations." EU Tra
Published 05 Feb, 2013 12:00am
Indonesia eyes $4 billion global bonds in 2013

Indonesia eyes $4 billion global bonds in 2013

Indonesia is firming up a planned global bond offering it hopes will raise up to $4 billion this year, appointing three banks as co-ordinators, two sources with direct knowledge of the matter said on Monday. The government is considering offering 10-year
Published 05 Feb, 2013 12:00am
Indonesia eyes $4 billion global bonds in 2013

Indonesia eyes $4 billion global bonds in 2013

Indonesia is firming up a planned global bond offering it hopes will raise up to $4 billion this year, appointing three banks as co-ordinators, two sources with direct knowledge of the matter said on Monday. The government is considering offering 10-year
Published 05 Feb, 2013 12:00am
Greece must rethink bank recap scheme

Greece must rethink bank recap scheme

Greece needs to offer sweeter incentives to attract private investors to take part in the recapitalisation of its banks and keep the lenders out of state hands, the deputy chief executive of its third-largest lender said. Battered by the debt crisis, Gree
Published 05 Feb, 2013 12:00am
Greece must rethink bank recap scheme

Greece must rethink bank recap scheme

Greece needs to offer sweeter incentives to attract private investors to take part in the recapitalisation of its banks and keep the lenders out of state hands, the deputy chief executive of its third-largest lender said. Battered by the debt crisis, Gree
Published 05 Feb, 2013 12:00am
Activities at Karachi and Qasim ports

Activities at Karachi and Qasim ports

The Karachi Port handled 88,114 tonnes of cargo comprising 67,858 tonnes of import cargo and 20,256 tonnes of export cargo including 2,634 loaded and empty containers during the last 48 hours ended at 0700 hours on Monday. The total import cargo of 67,858
Published 05 Feb, 2013 12:00am
Indian sugar futures fall

Indian sugar futures fall

Indian sugar futures dropped on Monday to their lowest in nearly seven months on sluggish demand amid rising supplies from local production and cheaper imports on the back of a stronger rupee. At 0833 GMT, the key February sugar contract on India's Nation
Published 05 Feb, 2013 12:00am
Ukraine's grain exports fall by 40 percent

Ukraine's grain exports fall by 40 percent

Ukraine's grain exports fell by 40 percent to 1.5 million tonnes in January due to smaller shipments of maize and wheat, Ukraine's UAC grain lobby said on Monday. UAC said in a report last month's volume included 1.25 million tonnes of maize, 108,000 tonn
Published 05 Feb, 2013 12:00am
Vietnam's coffee prices up at three-month high

Vietnam's coffee prices up at three-month high

Farmers have stepped up Vietnamese coffee bean sales in the last few days ahead of a long holiday as domestic prices have jumped about 3 percent to around 40,400 dong ($1.9) per kg, the highest in more than three months, traders said on Monday. The gain i
Published 05 Feb, 2013 12:00am
Lean business on grain market

Lean business on grain market

Small business was seen on the wholesale grain market on Monday due to higher prices of commodity items, dealers said. On the cereals side, wheat (old) Bardan gained Rs 90 to Rs 3210 and wheat (new) also picked up the same amount to Rs 3250, other items r
Published 05 Feb, 2013 12:00am
Rains curtail trade activity on cotton market

Rains curtail trade activity on cotton market

Business activity came down on the cotton market on Monday as ginners raised asking prices after fresh rains in both Punjab and Sindh, dealers said. Official spot rate was unchanged at Rs 6,100. In Sindh rates were at Rs 1,800-2,800, while in Punjab price
Published 05 Feb, 2013 12:00am
Oil cake market rates

Oil cake market rates

Contracts were down on the forward cottonseeds oilcake market on Monday in process of trading, dealers said. The January vaida closed at Rs 899.7 and it opened with a fall of 20 paisa at Rs 899.5 in the morning session, they said. The May contract closed
Published 05 Feb, 2013 12:00am
European wheat prices mostly stable

European wheat prices mostly stable

European wheat prices were mostly stable on Monday, shrugging off a rise on US markets and regaining some competitiveness. By 1301 GMT, front month March on European milling wheat futures was unchanged at 248.50 euros a tonne. Wheat futures rose in Chicag
Published 05 Feb, 2013 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 05 Feb, 2013 12:00am
New York cotton

New York cotton

Monday's closing prices of New York cotton in US cents/lb.

Published 05 Feb, 2013 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 05 Feb, 2013 12:00am
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 05 Feb, 2013 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 (February 04, 2013).

Published 05 Feb, 2013 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 (February 04, 2013).

Published 05 Feb, 2013 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 (February 04, 2013).

Published 05 Feb, 2013 12:00am
Zardari, Karzai want peace deal in six months

Zardari, Karzai want peace deal in six months

The leaders of Afghanistan and Pakistan said on Monday they would work to reach a peace deal within six months, while throwing their weight behind moves for the Taliban to open an office in Doha.
Published 05 Feb, 2013 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 (February 04, 2013).

Published 05 Feb, 2013 12:00am
Zardari, Karzai want peace deal in six months

Zardari, Karzai want peace deal in six months

The leaders of Afghanistan and Pakistan said on Monday they would work to reach a peace deal within six months, while throwing their weight behind moves for the Taliban to open an office in Doha.
Published 05 Feb, 2013 12:00am
'Kashmir Solidarity Day' today

'Kashmir Solidarity Day' today

To express solidarity with the people of Jammu and Kashmir in their just struggle for their right to self-determination, 'Kashmir Solidarity Day' is being observed across the country on Tuesday (today). Social, political and human rights organisations hav
Published 05 Feb, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (February 04, 2013).
Published 05 Feb, 2013 12:00am
'Kashmir Solidarity Day' today

'Kashmir Solidarity Day' today

To express solidarity with the people of Jammu and Kashmir in their just struggle for their right to self-determination, 'Kashmir Solidarity Day' is being observed across the country on Tuesday (today). Social, political and human rights organisations hav
Published 05 Feb, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (February 04, 2013).

Published 05 Feb, 2013 12:00am
Provincial expenditures grow 27 percent

Provincial expenditures grow 27 percent

Provincial expenditures grew at an average 27 percent in three years, and their tax efforts are not in line with the understanding reached during the NFC Award, according to Fiscal Policy Statement 2012-13.
Published 05 Feb, 2013 12:00am
Provincial expenditures grow 27 percent

Provincial expenditures grow 27 percent

Provincial expenditures grew at an average 27 percent in three years, and their tax efforts are not in line with the understanding reached during the NFC Award, according to Fiscal Policy Statement 2012-13.
Published 05 Feb, 2013 12:00am
Provincial expenditures grow 27 percent

Provincial expenditures grow 27 percent

Provincial expenditures grew at an average 27 percent in three years, and their tax efforts are not in line with the understanding reached during the NFC Award, according to Fiscal Policy Statement 2012-13.
Published 05 Feb, 2013 12:00am
FBR misses collection targets

FBR misses collection targets

The Federal Board of Revenue (FBR) has missed revenue collection targets of sales tax, federal excise duty and direct taxes during 2011-2012, as achievement of assigned targets remained 95 percent (sales tax), 87.1 percent (FED) and 98.2 percent (direct t
Published 05 Feb, 2013 12:00am
FBR misses collection targets

FBR misses collection targets

The Federal Board of Revenue (FBR) has missed revenue collection targets of sales tax, federal excise duty and direct taxes during 2011-2012, as achievement of assigned targets remained 95 percent (sales tax), 87.1 percent (FED) and 98.2 percent (direct t
Published 05 Feb, 2013 12:00am
FBR misses collection targets

FBR misses collection targets

The Federal Board of Revenue (FBR) has missed revenue collection targets of sales tax, federal excise duty and direct taxes during 2011-2012, as achievement of assigned targets remained 95 percent (sales tax), 87.1 percent (FED) and 98.2 percent (direct t
Published 05 Feb, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 04, 2013).

Published 05 Feb, 2013 12:00am
Public debt rises by whopping 18.4 percent

Public debt rises by whopping 18.4 percent

Total public debt rose by a whopping 18.4 percent end June 2012 compared to the year before with real growth of debt (7.9 percent) greater than the real growth of revenues (3.9 percent), Debt Policy statement 2012-13 reveals. The document notes that publi
Published 05 Feb, 2013 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 (February 04, 2013).
Published 05 Feb, 2013 12:00am
Public debt rises by whopping 18.4 percent

Public debt rises by whopping 18.4 percent

Total public debt rose by a whopping 18.4 percent end June 2012 compared to the year before with real growth of debt (7.9 percent) greater than the real growth of revenues (3.9 percent), Debt Policy statement 2012-13 reveals. The document notes that publi
Published 05 Feb, 2013 12:00am
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