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Print - 2013-06-01
Review petition: Admiral Bokhari challenges Supreme Court decision

Review petition: Admiral Bokhari challenges Supreme Court decision

Admiral Fasih Bokhari (retd) filed on Friday a review petition in the Supreme Court against its impugned order through which the apex court had on May 28 declared his appointment as Chairman National Accountability Bureau (NAB) unlawful. A five-member ben
Published 01 Jun, 2013 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
Review petition: Admiral Bokhari challenges Supreme Court decision

Review petition: Admiral Bokhari challenges Supreme Court decision

Admiral Fasih Bokhari (retd) filed on Friday a review petition in the Supreme Court against its impugned order through which the apex court had on May 28 declared his appointment as Chairman National Accountability Bureau (NAB) unlawful. A five-member ben
Published 01 Jun, 2013 12:00am
Bulls dominate at ISE

Bulls dominate at ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 37.98 points as the ISE Ten Index move
Published 01 Jun, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 01 Jun, 2013 12:00am
Bulls dominate at ISE

Bulls dominate at ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 37.98 points as the ISE Ten Index move
Published 01 Jun, 2013 12:00am
LSE index continues upward trend

LSE index continues upward trend

LSE index continued to upward trend for another day and rose to 4712.49 against 4639.95 of Thursday, denoting a gain of 72.54 points, as equities under the lead of potential shares extended further gains. The shares turnover was increased to 14.837 millio
Published 01 Jun, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 01 Jun, 2013 12:00am
LSE index continues upward trend

LSE index continues upward trend

LSE index continued to upward trend for another day and rose to 4712.49 against 4639.95 of Thursday, denoting a gain of 72.54 points, as equities under the lead of potential shares extended further gains. The shares turnover was increased to 14.837 millio
Published 01 Jun, 2013 12:00am
MoF considers Rs 2.4 trillion revenue target

MoF considers Rs 2.4 trillion revenue target

The Finance Ministry is reportedly considering Federal Board of Revenue (FBR) collection target of Rs 2,475 billion in 2013-14. In the budget strategy paper released and approved by the Raja Ashraf-led cabinet in the first quarter of the current year, the
Published 01 Jun, 2013 12:00am
MoF considers Rs 2.4 trillion revenue target

MoF considers Rs 2.4 trillion revenue target

The Finance Ministry is reportedly considering Federal Board of Revenue (FBR) collection target of Rs 2,475 billion in 2013-14. In the budget strategy paper released and approved by the Raja Ashraf-led cabinet in the first quarter of the current year, the
Published 01 Jun, 2013 12:00am
MoF considers Rs 2.4 trillion revenue target

MoF considers Rs 2.4 trillion revenue target

The Finance Ministry is reportedly considering Federal Board of Revenue (FBR) collection target of Rs 2,475 billion in 2013-14. In the budget strategy paper released and approved by the Raja Ashraf-led cabinet in the first quarter of the current year, the
Published 01 Jun, 2013 12:00am
No army operates in a vacuum: Kayani

No army operates in a vacuum: Kayani

Chief of Army Staff (COAS) General Ashfaq Parvez Kayani Friday said that it is the duty of the Armed Forces to maintain adequate capabilities and readiness to fulfil the tasks assigned. While addressing the participants of Command and Staff Course, during
Published 01 Jun, 2013 12:00am
No army operates in a vacuum: Kayani

No army operates in a vacuum: Kayani

Chief of Army Staff (COAS) General Ashfaq Parvez Kayani Friday said that it is the duty of the Armed Forces to maintain adequate capabilities and readiness to fulfil the tasks assigned. While addressing the participants of Command and Staff Course, during
Published 01 Jun, 2013 12:00am
BRIndex30 climbs to 305.99 points

BRIndex30 climbs to 305.99 points

On Friday, BRIndex30 opened at 14,168.25. It touched an intraday high of 14,509.38 and an intraday low of 14,166.46 and closed at 14,474.24, which was 305.99 points or 2.16 percent higher than previous close. Total volume was 362,247,600, which was 56.02
Published 01 Jun, 2013 12:00am
BRIndex30 climbs to 305.99 points

BRIndex30 climbs to 305.99 points

On Friday, BRIndex30 opened at 14,168.25. It touched an intraday high of 14,509.38 and an intraday low of 14,166.46 and closed at 14,474.24, which was 305.99 points or 2.16 percent higher than previous close. Total volume was 362,247,600, which was 56.02
Published 01 Jun, 2013 12:00am
Index attains new high

Index attains new high

Karachi stock market continued its bullish performance and the benchmark KSE-100 index rose by 232.39 points to close at new peak level of 21,823.05 points. "On Friday, the market set a new record and closed at all-time high level in the pre-budget rally
Published 01 Jun, 2013 12:00am
Index attains new high

Index attains new high

Karachi stock market continued its bullish performance and the benchmark KSE-100 index rose by 232.39 points to close at new peak level of 21,823.05 points. "On Friday, the market set a new record and closed at all-time high level in the pre-budget rally
Published 01 Jun, 2013 12:00am
Index attains new high

Index attains new high

Karachi stock market continued its bullish performance and the benchmark KSE-100 index rose by 232.39 points to close at new peak level of 21,823.05 points. "On Friday, the market set a new record and closed at all-time high level in the pre-budget rally
Published 01 Jun, 2013 12:00am
Record unemployment, low inflation underline Europe''s pain

Record unemployment, low inflation underline Europe''s pain

Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank''s target, stepping up pressure on EU leaders and the ECB for action to revive the bloc''s sickly economy. Joblessness in the 17-nation currenc
Published 01 Jun, 2013 12:00am
Record unemployment, low inflation underline Europe's pain

Record unemployment, low inflation underline Europe's pain

Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank's target, stepping up pressure on EU leaders and the ECB for action to revive the bloc's sickly economy. Joblessness in the 17-nation currency
Published 01 Jun, 2013 12:00am
Record unemployment, low inflation underline Europe's pain

Record unemployment, low inflation underline Europe's pain

Unemployment has reached a new high in the euro zone and inflation remains well below the European Central Bank's target, stepping up pressure on EU leaders and the ECB for action to revive the bloc's sickly economy. Joblessness in the 17-nation currency
Published 01 Jun, 2013 12:00am
Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Officials of the Ministry of Ports and Shipping on Wednesday informed a parliamentary panel that M/s Burj Power will develop a coal-fired Independent Power Project (IPP) at Port Qasim with a capacity of 300 megawatts. The Senate''s standing committee on p
Published 01 Jun, 2013 12:00am
Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Officials of the Ministry of Ports and Shipping on Wednesday informed a parliamentary panel that M/s Burj Power will develop a coal-fired Independent Power Project (IPP) at Port Qasim with a capacity of 300 megawatts. The Senate's standing committee on po
Published 01 Jun, 2013 12:00am
Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Dubai-based firm to set up 300MW coal-fired power unit at PQA: ministry

Officials of the Ministry of Ports and Shipping on Wednesday informed a parliamentary panel that M/s Burj Power will develop a coal-fired Independent Power Project (IPP) at Port Qasim with a capacity of 300 megawatts. The Senate's standing committee on po
Published 01 Jun, 2013 12:00am
Nawaz condemns US drone strike

Nawaz condemns US drone strike

The incoming Prime Minister and President of Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif, has expressed serious concern and disappointment over the recent US drone attack in the tribal area of the country. The drone attack was not only a violation
Published 01 Jun, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
Nawaz condemns US drone strike

Nawaz condemns US drone strike

The incoming Prime Minister and President of Pakistan Muslim League-Nawaz (PML-N), Nawaz Sharif, has expressed serious concern and disappointment over the recent US drone attack in the tribal area of the country. The drone attack was not only a violation
Published 01 Jun, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 31, 2013).
Published 01 Jun, 2013 12:00am
PTI's Khattak takes charge of KP

PTI's Khattak takes charge of KP

Pakistan Tehrik-e-Insaf's (PTI) Pervez Khan Khattak took oath as the 26th Chief Minister of Khyber Pakhtunkhwa at a ceremony held here at the Governor's House on Friday evening. KP Governor Engineer Shaukatullah Khan administered the oath to Khattak. The
Published 01 Jun, 2013 12:00am
PTI's Khattak takes charge of KP

PTI's Khattak takes charge of KP

Pakistan Tehrik-e-Insaf's (PTI) Pervez Khan Khattak took oath as the 26th Chief Minister of Khyber Pakhtunkhwa at a ceremony held here at the Governor's House on Friday evening. KP Governor Engineer Shaukatullah Khan administered the oath to Khattak. The
Published 01 Jun, 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 Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
NHA barred from regularising 4,000 consultants

NHA barred from regularising 4,000 consultants

The Senate's Standing Committee on Com-munications (Communications and Postal Services) on Friday barred the National Highway Authority (NHA) from regularising as many as 4,000 employees working as consultants. The committee, while directing the NHA to pr
Published 01 Jun, 2013 12:00am
NHA barred from regularising 4,000 consultants

NHA barred from regularising 4,000 consultants

The Senate's Standing Committee on Com-munications (Communications and Postal Services) on Friday barred the National Highway Authority (NHA) from regularising as many as 4,000 employees working as consultants. The committee, while directing the NHA to pr
Published 01 Jun, 2013 12:00am
Caretakers deny Rs 11 billion bailout package to PSM

Caretakers deny Rs 11 billion bailout package to PSM

Pakistan Steel Mills (PSM) has reportedly been denied an approved bailout package of Rs 11 billion after the caretaker Prime Minister, Mir Hazar Khan Khoso, backed out of an earlier commitment, sources close to the Minister for Industries and Production t
Published 01 Jun, 2013 12:00am
Caretakers deny Rs 11 billion bailout package to PSM

Caretakers deny Rs 11 billion bailout package to PSM

Pakistan Steel Mills (PSM) has reportedly been denied an approved bailout package of Rs 11 billion after the caretaker Prime Minister, Mir Hazar Khan Khoso, backed out of an earlier commitment, sources close to the Minister for Industries and Production t
Published 01 Jun, 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 Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
Caretakers deny Rs 11 billion bailout package to PSM

Caretakers deny Rs 11 billion bailout package to PSM

Pakistan Steel Mills (PSM) has reportedly been denied an approved bailout package of Rs 11 billion after the caretaker Prime Minister, Mir Hazar Khan Khoso, backed out of an earlier commitment, sources close to the Minister for Industries and Production t
Published 01 Jun, 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 Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
Rs 2.18 per litre hike in petrol price notified

Rs 2.18 per litre hike in petrol price notified

The Oil and Gas Regulatory Authority (Ogra) on Friday notified an increase of Rs 2.18 per litre in petrol price and Rs 1.46 per litre cut in High Speed Diesel (HSD) price effective from June 1. Keeping in view the trend of the Gulf Crude Oil prices, the a
Published 01 Jun, 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 Friday (May 31, 2013).

Published 01 Jun, 2013 12:00am
Rs 2.18 per litre hike in petrol price notified

Rs 2.18 per litre hike in petrol price notified

The Oil and Gas Regulatory Authority (Ogra) on Friday notified an increase of Rs 2.18 per litre in petrol price and Rs 1.46 per litre cut in High Speed Diesel (HSD) price effective from June 1. Keeping in view the trend of the Gulf Crude Oil prices, the a
Published 01 Jun, 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 01 Jun, 2013 12:00am
Rs 2.18 per litre hike in petrol price notified

Rs 2.18 per litre hike in petrol price notified

The Oil and Gas Regulatory Authority (Ogra) on Friday notified an increase of Rs 2.18 per litre in petrol price and Rs 1.46 per litre cut in High Speed Diesel (HSD) price effective from June 1. Keeping in view the trend of the Gulf Crude Oil prices, the a
Published 01 Jun, 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 01 Jun, 2013 12:00am
BRIDGE NOTES: Best defense prize

BRIDGE NOTES: Best defense prize

Defense in Bridge is never easy. It needs a sustained concentration and a logical assumption of possible card distribution that could produce the most optimum result for the defense. Often defenders lose sight of the overall position and hastily cash in o
Published 01 Jun, 2013 12:00am
'Ban Tobacco Advertising, Promotion and Sponsorship'

'Ban Tobacco Advertising, Promotion and Sponsorship'

Every year, on 31st May, World Health Organizations (WHO) and partners mark "World No Tobacco Day". The purpose of the day is to highlight the health risks associated with tobacco use and support for helpful policies to reduce tobacco consumption globally
Published 01 Jun, 2013 12:00am
ART FACTS: Expressing different versions

ART FACTS: Expressing different versions

Ayaz Jokhio's recent works at Canvas Gallery, Karachi again show his unusual approach towards society. Titled "Non-commissioned Portraits and Landscapes" the exhibition showcases eight of his artworks each portraying distinctive theme.
Published 01 Jun, 2013 12:00am
KARACHI CHRONICLE: Caught cheating

KARACHI CHRONICLE: Caught cheating

It is no news when boys and girls are caught cheating in exams. But when a college notorious for cheating is found clean, you want to add 'believe it or not' to the news because it is incredible. So, it is clear, if this bad practice can be eradicated fro
Published 01 Jun, 2013 12:00am