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Print - 2013-05-21
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Pakistan eyes $1 billion rice export to China

Pakistan eyes $1 billion rice export to China

Soaring rice demand in China prompted Pakistan to estimate the commodity's export growth to $1 billion to the neighbouring state alone....but the trade needs government's priority, it is learnt. China has emerged as new rice exporting market for Pakistani
Published 21 May, 2013 12:00am
Iraq attacks kill 71

Iraq attacks kill 71

A series of attacks that included nine car bombings killed 71 people Monday in Iraq, mostly in Shia areas, as Prime Minister Nuri al-Maliki blamed politicians' "calls for violence." The bloody day started with two car bombs that killed 14 people and wound
Published 21 May, 2013 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Iraq attacks kill 71

Iraq attacks kill 71

A series of attacks that included nine car bombings killed 71 people Monday in Iraq, mostly in Shia areas, as Prime Minister Nuri al-Maliki blamed politicians' "calls for violence." The bloody day started with two car bombs that killed 14 people and wound
Published 21 May, 2013 12:00am
US denounces waves against Muslims

US denounces waves against Muslims

The United States on Monday denounced what it called a rising tide of both anti-Muslim and anti-Jewish sentiment around the world as it urged all nations to ensure freedom of religion. In a wide-ranging annual report on religious freedom, the State Depart
Published 21 May, 2013 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
US denounces waves against Muslims

US denounces waves against Muslims

The United States on Monday denounced what it called a rising tide of both anti-Muslim and anti-Jewish sentiment around the world as it urged all nations to ensure freedom of religion. In a wide-ranging annual report on religious freedom, the State Depart
Published 21 May, 2013 12:00am
Pentagon requests nearly $80 billion for Afghanistan war

Pentagon requests nearly $80 billion for Afghanistan war

The Pentagon has asked Congress for nearly $80 billion to cover the cost of the war in Afghanistan in 2014, a spokesman said Monday. The request issued Friday for $79.4 billion in fiscal year 2014 is slightly lower than the war funding of $87.2 billion fo
Published 21 May, 2013 12:00am
Rates of dry fruit

Rates of dry fruit

Rates of dry fruit in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Pentagon requests nearly $80 billion for Afghanistan war

Pentagon requests nearly $80 billion for Afghanistan war

The Pentagon has asked Congress for nearly $80 billion to cover the cost of the war in Afghanistan in 2014, a spokesman said Monday. The request issued Friday for $79.4 billion in fiscal year 2014 is slightly lower than the war funding of $87.2 billion fo
Published 21 May, 2013 12:00am
New taxation measures: law division vets Presidential Ordinance

New taxation measures: law division vets Presidential Ordinance

The Law and Justice Division has vetted the Presidential Ordinance to introduce new taxation measures before federal budget 2013-14. Sources told Business Recorder that the process of vetting the Finance Ordinance has been completed.
Published 21 May, 2013 12:00am
Jute goods rates

Jute goods rates

Jute goods rates in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
New taxation measures: law division vets Presidential Ordinance

New taxation measures: law division vets Presidential Ordinance

The Law and Justice Division has vetted the Presidential Ordinance to introduce new taxation measures before federal budget 2013-14. Sources told Business Recorder that the process of vetting the Finance Ordinance has been completed.
Published 21 May, 2013 12:00am
Raw rubber rates

Raw rubber rates

Raw Rubber rates in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
New taxation measures: law division vets Presidential Ordinance

New taxation measures: law division vets Presidential Ordinance

The Law and Justice Division has vetted the Presidential Ordinance to introduce new taxation measures before federal budget 2013-14. Sources told Business Recorder that the process of vetting the Finance Ordinance has been completed.
Published 21 May, 2013 12:00am
Milk powder rates

Milk powder rates

Milk Powder rates in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Supreme Court seeks financial status of BoP

Supreme Court seeks financial status of BoP

The Supreme Court on Monday sought current financial status of the Bank of Punjab and directed its President Naeemuddin Khan to appear before it on May 22. Adjourning the hearing of Rs 9 billion Bank of Punjab scam, a three-member bench led by Chief Justi
Published 21 May, 2013 12:00am
Karachi tea rates

Karachi tea rates

Tea rates in rupees prevailing on the commodity markets in Karachi on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Supreme Court seeks financial status of BoP

Supreme Court seeks financial status of BoP

The Supreme Court on Monday sought current financial status of the Bank of Punjab and directed its President Naeemuddin Khan to appear before it on May 22. Adjourning the hearing of Rs 9 billion Bank of Punjab scam, a three-member bench led by Chief Justi
Published 21 May, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Supreme Court seeks financial status of BoP

Supreme Court seeks financial status of BoP

The Supreme Court on Monday sought current financial status of the Bank of Punjab and directed its President Naeemuddin Khan to appear before it on May 22. Adjourning the hearing of Rs 9 billion Bank of Punjab scam, a three-member bench led by Chief Justi
Published 21 May, 2013 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 10th May, 2013.

Published 21 May, 2013 12:00am
ISE index soars by 135.67 points

ISE index soars by 135.67 points

Islamabad Stock Exchange (ISE) witnessed record increase in ISE Ten Index with across the board gains in star performer shares on Monday as gainers outclassed losers and overall turnover showed increase by the end of bullish session. ISE Ten Index showed
Published 21 May, 2013 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 10th May, 2013.

Published 21 May, 2013 12:00am
ISE index soars by 135.67 points

ISE index soars by 135.67 points

Islamabad Stock Exchange (ISE) witnessed record increase in ISE Ten Index with across the board gains in star performer shares on Monday as gainers outclassed losers and overall turnover showed increase by the end of bullish session. ISE Ten Index showed
Published 21 May, 2013 12:00am
LSE index gains 27.71 points

LSE index gains 27.71 points

Oil and energy sector led the equities upward amid bullish sentiments dominated on the Lahore Stock Exchange on Monday. The LSE-25 index gained 27.71 points to close at 4319.64 against 4291.93 of last Friday, while transaction volume was restricted to 10.
Published 21 May, 2013 12:00am
LSE index gains 27.71 points

LSE index gains 27.71 points

Oil and energy sector led the equities upward amid bullish sentiments dominated on the Lahore Stock Exchange on Monday. The LSE-25 index gained 27.71 points to close at 4319.64 against 4291.93 of last Friday, while transaction volume was restricted to 10.
Published 21 May, 2013 12:00am
Rigging allegations: 'ECP is trying to settle dust as soon as possible'

Rigging allegations: 'ECP is trying to settle dust as soon as possible'

The Election Commission of Pakistan (ECP) has no plans to conduct re-polling in areas where it has received complaints of massive rigging during the recently held general elections as the commission is trying to settle the dust as soon as possible, it is
Published 21 May, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
Rigging allegations: 'ECP is trying to settle dust as soon as possible'

Rigging allegations: 'ECP is trying to settle dust as soon as possible'

The Election Commission of Pakistan (ECP) has no plans to conduct re-polling in areas where it has received complaints of massive rigging during the recently held general elections as the commission is trying to settle the dust as soon as possible, it is
Published 21 May, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (May 20, 2013).

Published 21 May, 2013 12:00am
India, China vow to end long-running border dispute

India, China vow to end long-running border dispute

The Indian and Chinese premiers pledged on Monday to resolve a border dispute that has soured ties for decades, saying good relations between the two Asian giants were key to world peace. Chinese Premier Li Keqiang, making his first foreign visit since ta
Published 21 May, 2013 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The dollar was higher against the rupee on the currency market on Monday amid slight improvement in supply of the greenback, dealers said. The rupee drifted lower against the dollar, losing 10 paisa for buying and selling at Rs 99.85 and Rs 100.05, they s
Published 21 May, 2013 12:00am
India, China vow to end long-running border dispute

India, China vow to end long-running border dispute

The Indian and Chinese premiers pledged on Monday to resolve a border dispute that has soured ties for decades, saying good relations between the two Asian giants were key to world peace. Chinese Premier Li Keqiang, making his first foreign visit since ta
Published 21 May, 2013 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The dollar was higher against the rupee on the currency market on Monday amid slight improvement in supply of the greenback, dealers said. The rupee drifted lower against the dollar, losing 10 paisa for buying and selling at Rs 99.85 and Rs 100.05, they s
Published 21 May, 2013 12:00am
People defied unfounded dictates in polls: Kayani

People defied unfounded dictates in polls: Kayani

Chief of the Army Staff (CoAS) General Ashfaq Parvez Kayani on Monday proposed formation of a regional military counter-improvised explosive (C-IED) forum supported by a wider international forum to benefit from experiences of regional and global countrie
Published 21 May, 2013 12:00am
People defied unfounded dictates in polls: Kayani

People defied unfounded dictates in polls: Kayani

Chief of the Army Staff (CoAS) General Ashfaq Parvez Kayani on Monday proposed formation of a regional military counter-improvised explosive (C-IED) forum supported by a wider international forum to benefit from experiences of regional and global countrie
Published 21 May, 2013 12:00am
Talks with Taliban: Sami says Nawaz seeks support

Talks with Taliban: Sami says Nawaz seeks support

Jamiat Ulema-e-Islam-S (JUI-S) chief, Maulana Sami-ul-Haq, on Monday said that PML-N chief Nawaz Sharif had contacted him seeking his support for initiating talks with Taliban, a private TV channel reported. Haq said that Nawaz Sharif knew his importance
Published 21 May, 2013 12:00am
Talks with Taliban: Sami says Nawaz seeks support

Talks with Taliban: Sami says Nawaz seeks support

Jamiat Ulema-e-Islam-S (JUI-S) chief, Maulana Sami-ul-Haq, on Monday said that PML-N chief Nawaz Sharif had contacted him seeking his support for initiating talks with Taliban, a private TV channel reported. Haq said that Nawaz Sharif knew his importance
Published 21 May, 2013 12:00am
Zardari greets Nawaz

Zardari greets Nawaz

President Asif Ali Zardari has finally telephoned the PML-N chief Nawaz Sharif and felicitated him over the success of the PML-N in the general elections. Nawaz expressed his gratitude to President Zardari for his good wishes, it is learnt. However, the s
Published 21 May, 2013 12:00am
Zardari greets Nawaz

Zardari greets Nawaz

President Asif Ali Zardari has finally telephoned the PML-N chief Nawaz Sharif and felicitated him over the success of the PML-N in the general elections. Nawaz expressed his gratitude to President Zardari for his good wishes, it is learnt. However, the s
Published 21 May, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 May, 2013 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 21 May, 2013 12:00am
Transfers, postings: PML-N files petition against Prime Minister Khoso

Transfers, postings: PML-N files petition against Prime Minister Khoso

Pakistan Muslim League-Nawaz (PML-N) filed a petition in the Supreme Court on Monday urging the court to declare transfers, postings of civil servants by the federation/caretaker government null and void. PML-N leader Khawaja Muhammad Asif filed a petitio
Published 21 May, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 21 May, 2013 12:00am
Transfers, postings: PML-N files petition against Prime Minister Khoso

Transfers, postings: PML-N files petition against Prime Minister Khoso

Pakistan Muslim League-Nawaz (PML-N) filed a petition in the Supreme Court on Monday urging the court to declare transfers, postings of civil servants by the federation/caretaker government null and void. PML-N leader Khawaja Muhammad Asif filed a petitio
Published 21 May, 2013 12:00am
PPP could have won 40-50 seats in Punjab: Zardari

PPP could have won 40-50 seats in Punjab: Zardari

President Asif Ali Zardari said that the Pakistan Peo-ple's Party (PPP) fell victim to "national and international" institutions' conspiracies, which caused its defeat in the general elections. He was speaking to the party ticket-holders from Punjab at th
Published 21 May, 2013 12:00am
PPP could have won 40-50 seats in Punjab: Zardari

PPP could have won 40-50 seats in Punjab: Zardari

President Asif Ali Zardari said that the Pakistan Peo-ple's Party (PPP) fell victim to "national and international" institutions' conspiracies, which caused its defeat in the general elections. He was speaking to the party ticket-holders from Punjab at th
Published 21 May, 2013 12:00am
BRIndex30 up by 143.81 points

BRIndex30 up by 143.81 points

On Monday, BRIndex30 opened at 13,258.77 and remained positive throughout the trading session. It touched an intraday high of 13,424.19 and an intraday low of 13,278.68 and closed at 13,402.58, which was 143.81 points or 1.08 percent higher than previous
Published 21 May, 2013 12:00am
BRIndex30 up by 143.81 points

BRIndex30 up by 143.81 points

On Monday, BRIndex30 opened at 13,258.77 and remained positive throughout the trading session. It touched an intraday high of 13,424.19 and an intraday low of 13,278.68 and closed at 13,402.58, which was 143.81 points or 1.08 percent higher than previous
Published 21 May, 2013 12:00am
Index climbs to historic high

Index climbs to historic high

Karachi Stock Exchange (KSE) Monday witnessed historic high on first day of new week and the benchamark-100 index gained 277.11 points. It breached psychological barrier of 20,800 and closed at 20,814.14 against 20,537.03 Friday. The local bourse opened i
Published 21 May, 2013 12:00am
Index climbs to historic high

Index climbs to historic high

Karachi Stock Exchange (KSE) Monday witnessed historic high on first day of new week and the benchamark-100 index gained 277.11 points. It breached psychological barrier of 20,800 and closed at 20,814.14 against 20,537.03 Friday. The local bourse opened i
Published 21 May, 2013 12:00am
Index climbs to historic high

Index climbs to historic high

Karachi Stock Exchange (KSE) Monday witnessed historic high on first day of new week and the benchamark-100 index gained 277.11 points. It breached psychological barrier of 20,800 and closed at 20,814.14 against 20,537.03 Friday. The local bourse opened i
Published 21 May, 2013 12:00am
Budget likely in first week of June: Nizami

Budget likely in first week of June: Nizami

Federal Minister for Information and Broadcasting Arif Nizami on Monday said the new government is likely to announce budget for the next financial year in first week of June. "The expected finance minister in the new government Senator Ishaq Dar is busy
Published 21 May, 2013 12:00am
Budget likely in first week of June: Nizami

Budget likely in first week of June: Nizami

Federal Minister for Information and Broadcasting Arif Nizami on Monday said the new government is likely to announce budget for the next financial year in first week of June. "The expected finance minister in the new government Senator Ishaq Dar is busy
Published 21 May, 2013 12:00am
Budget likely in first week of June: Nizami

Budget likely in first week of June: Nizami

Federal Minister for Information and Broadcasting Arif Nizami on Monday said the new government is likely to announce budget for the next financial year in first week of June. "The expected finance minister in the new government Senator Ishaq Dar is busy
Published 21 May, 2013 12:00am
Ministry to release only Rs 5 billion?

Ministry to release only Rs 5 billion?

Finance Ministry has decided to release only Rs 5 billion to the power sector subsequent to the directives of caretaker Prime Minister Mir Hazar Khan Khoso to immediately release Rs 22.5 billion, it was learnt. Sources revealed that a meeting was held bet
Published 21 May, 2013 12:00am