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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-11-06
Hamza murder case: - orders fresh investigation

Hamza murder case: - orders fresh investigation

Sindh High Court (SHC) on Tuesday ordered fresh investigation into the murder case of Hamza, a 16-year-old boy, who was killed in Karachi's Defence area on April 27 this year. A division bench of the SHC, headed by Justice Ghulam Sarwar Korai, directed th
Published 06 Nov, 2013 12:00am
SHC reserves verdict on MQM MPA's petition

SHC reserves verdict on MQM MPA's petition

Sindh High Court (SHC) on Tuesday reserved its decision on a petition filed by MQM lawmaker against verification of thumb impressions of voters on ballots by Nadra in PS-128 Karachi. MQM MPA Waqar Hussain Shah, who was declared winning candidate on provin
Published 06 Nov, 2013 12:00am
SHC delegates magisterial powers to DCs, ACs

SHC delegates magisterial powers to DCs, ACs

Sindh High Court (SHC) has delegated the special magisterial powers to deputy commissioners (DCs) and assistant commissioners (ACs) for the purpose of ensuring peace and effective administration during the Muharram in the province. According to the SHC Re
Published 06 Nov, 2013 12:00am
'Disclosures' by Haqqani

'Disclosures' by Haqqani

It has been learnt that US President Barack Obama had secretly offered Pakistan in 2009 that he would nudge India towards negotiations on Kashmir in lieu of it ending support to terrorist groups like Lashkar-e-Taiba and Taliban, but much to his disappoint
Published 06 Nov, 2013 12:00am
Asia's post-September market rally runs out of gas

Asia's post-September market rally runs out of gas

Investors' appetite for emerging Asia stocks, bonds and currencies is spent, and for reasons that go beyond the overriding question of when and how the US Federal Reserve will reverse its loose policies. Dissatisfied with the economic recovery in the regi
Published 06 Nov, 2013 12:00am
Chip designers see dollar signs in Bitcoin miners

Chip designers see dollar signs in Bitcoin miners

Tucked away in an air conditioned data center in Silicon Valley is a hodgepodge of black boxes, circuit boards and cooling fans owned by 27-year-old Aaron Jackson-Wilde, a modern-day prospector looking for Bitcoins. Since discovering the digital currency
Published 06 Nov, 2013 12:00am
Foreign direct investment: Challenges and opportunities

Foreign direct investment: Challenges and opportunities

Human development has been constrained by either the resources or effective utilisation of resources. With the passage of time, developments and discoveries have only proven that the world where we live and prosper has never been out of resources. Only we
Published 06 Nov, 2013 12:00am
Karachi violence: facts versus claims

Karachi violence: facts versus claims

Going by the figures of the arrested law-breakers, occasionally released by the law-enforcement agencies, Karachi should be as calm and tranquil as it used to be before the mid-eighties, but it is not - definitely not. On Monday, as the Sindh Rangers were
Published 06 Nov, 2013 12:00am
Acceptability of Islamic financial instruments

Acceptability of Islamic financial instruments

It seems that Islamic financial instruments are not only becoming popular in the Muslim world but are also attracting more attention and gaining wider acceptability in the rest of the world. Addressing the 9th World Islamic Economic Forum (WIEF) in London
Published 06 Nov, 2013 12:00am
Mangoes, halal meat gaining popularity abroad: TDAP

Mangoes, halal meat gaining popularity abroad: TDAP

Trade Development Authority of Pakistan (TDAP) is making adequate efforts for introducing non-traditional Pakistani products like halal meat and mangoes etc in different parts of the world, said Secretary TDAP Rabiya Javeri Agha on Tuesday at Sialkot Cham
Published 06 Nov, 2013 12:00am
UCs asked to complete anti-dengue operations

UCs asked to complete anti-dengue operations

Chairman Town Emergency Response Committee and Member of National Assembly, Mehr Ishtiaq Ahmed has directed all union councils of the town to complete their anti-dengue activities and submit their report within four days.
Published 06 Nov, 2013 12:00am
Jamaat-i-Islami asks government to hit drone sneaking into Pakistan

Jamaat-i-Islami asks government to hit drone sneaking into Pakistan

Applauding a demonstration of downing of drone during military exercises, Ameer Jamaat-i-Islami Syed Munawwar Hasan has called upon the government to show courage and down the real drone as soon as it sneaked into Pakistan. Talking to different delegation
Published 06 Nov, 2013 12:00am
The Weather

The Weather

The weather report on Tuesday (November 05, 2013) and the forecast for Wednesday (November 06, 2013).

Published 06 Nov, 2013 12:00am
Sri Lankan HC calls on Dar

Sri Lankan HC calls on Dar

The High Commissioner of Sri Lanka Air Chief Marshal Jayalath Weerakkody called on Finance Minister Ishaq Dar here on Tuesday. During the meeting, they discussed the upcoming meeting of Common Wealth Heads of Government (CHOGM) being held in Sri Lanka in
Published 06 Nov, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
PSO paid Rs 15 billion to clear LC payments

PSO paid Rs 15 billion to clear LC payments

The Pakistan Electric Power Company (Private) Limited (Pepco) has released Rs 15 billion to Pakistan State Oil to clear letter of credit payments of international fuel suppliers, it is learnt. Petroleum Ministry sources told Business Recorder here
Published 06 Nov, 2013 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Gas fields in Punjab: PYMA for taking steps to discover, develop

Gas fields in Punjab: PYMA for taking steps to discover, develop

The government should undertake emergent measures to discover and develop gas fields in Punjab areas and temporarily purchase gas from Iran and India under barter system to resolve the impending winter season energy crises. This was demanded by Pakistan Y
Published 06 Nov, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Nov, 2013 12:00am
Wasa directed to submit water report on December 19

Wasa directed to submit water report on December 19

The Lahore High Court on Tuesday directed Water and Sanitation Authority (Wasa) to take samples of drinking water from different parts of the city and get them examined from PCSIR laboratory and submit the report December 19. The court was hearing a petit
Published 06 Nov, 2013 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 06 Nov, 2013 12:00am
FAST students briefed over LSE framework

FAST students briefed over LSE framework

Lahore Stock Exchange Tuesday briefed the students of National University of Computer and Emerging Sciences FAST-Peshawar about all spheres of capital and financial markets. Managing Director and Chief Executive officer of Lahore Stock Exchange Aftab Ahme
Published 06 Nov, 2013 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Punjab government satisfied with NESPAK's performance

Punjab government satisfied with NESPAK's performance

Punjab government has full trust in NESPAK capabilities and is satisfied with its performance on ongoing projects in Punjab. This was stated by Rana Sanaullah Khan, Punjab Minister for Local government and Community Development-Law and Parliamentary Affai
Published 06 Nov, 2013 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (November 05, 2013) and for Saturday (November 02, 2013).
Published 06 Nov, 2013 12:00am
'Mango growers get access to European, Western & Gulf states'

'Mango growers get access to European, Western & Gulf states'

Mango Growers Association (MGA) President Syed Zahid Hussain Gardezi said "we have managed to get access to European and other Western countries particularly Australia and Gulf states." Talking to media persons here on Tuesday, Gardezi said the associatio
Published 06 Nov, 2013 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Establishment of IHC a step towards right of access to justice: CJP

Establishment of IHC a step towards right of access to justice: CJP

Chief Justice of Pakistan, Justice Iftikhar Muhammad Chaudhry, has said that the establishment of the Islamabad High Court is indeed a commendable step in aid of the right of access to justice. He said that it was unfortunate that initially this court was
Published 06 Nov, 2013 12:00am
Four die in suicide blast at Afghan post

Four die in suicide blast at Afghan post

At least four persons including Afghan security official were killed and several others injured in suicide attack on check post here on Tuesday. According to Afghan police, a suicide bomber blew himself during checking at Afghan check point in Chaman. As
Published 06 Nov, 2013 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Brent falls, US oil hits four-month low

Brent falls, US oil hits four-month low

US crude oil futures hit a fresh four-month low on Tuesday, pressured by forecasts for rising supplies and continued weak demand as Gulf Coast refineries were expected to remain offline at least through the end of this week. US crude has fallen in five ou
Published 06 Nov, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Five alleged 'terrorists' held

Five alleged 'terrorists' held

Faisalabad Police arrested five alleged terrorists and foiled a plot to attack Central Jail Faisalabad to release their companions and attack Muharram Majalis and processions by the accused. CPO Faisalabad, Dr Ashraf, said that police raided a house situa
Published 06 Nov, 2013 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Findings of Arafat death probe handed to Palestinians

Findings of Arafat death probe handed to Palestinians

Palestinian authorities have received the reports of Swiss and Russian forensic investigations into the 2004 death of Yasser Arafat, an official said Tuesday, without disclosing the findings. "The report was delivered" by the Swiss laboratory, Tawfiq Tira
Published 06 Nov, 2013 12:00am
Findings of Arafat death probe handed to Palestinians

Findings of Arafat death probe handed to Palestinians

Palestinian authorities have received the reports of Swiss and Russian forensic investigations into the 2004 death of Yasser Arafat, an official said Tuesday, without disclosing the findings. "The report was delivered" by the Swiss laboratory, Tawfiq Tira
Published 06 Nov, 2013 12:00am
Plan to revise: OMCs'', dealers'' margins hits snags

Plan to revise: OMCs'', dealers'' margins hits snags

The federal government''s plan to revise margins of Oil Marketing Companies (OMCs) and petroleum dealers hit snags, as the agency which has been awarded the study to review margins is not being provided the relevant data, well-informed sources in Petroleu
Published 06 Nov, 2013 12:00am
THE RUPEE: dollar may touch 108

THE RUPEE: dollar may touch 108

The dollar remained in commanding position against the rupee on the currency market on Tuesday, dealers said. The rupee continued its slide versus the dollar, sliding 22 paisa for buying and selling at Rs 107.30 and Rs 107.32 respectively, they said.
Published 06 Nov, 2013 12:00am
Plan to revise: OMCs', dealers' margins hits snags

Plan to revise: OMCs', dealers' margins hits snags

The federal government's plan to revise margins of Oil Marketing Companies (OMCs) and petroleum dealers hit snags, as the agency which has been awarded the study to review margins is not being provided the relevant data, well-informed sources in Petroleum
Published 06 Nov, 2013 12:00am
THE RUPEE: dollar may touch 108

THE RUPEE: dollar may touch 108

The dollar remained in commanding position against the rupee on the currency market on Tuesday, dealers said. The rupee continued its slide versus the dollar, sliding 22 paisa for buying and selling at Rs 107.30 and Rs 107.32 respectively, they said.
Published 06 Nov, 2013 12:00am
Plan to revise: OMCs', dealers' margins hits snags

Plan to revise: OMCs', dealers' margins hits snags

The federal government's plan to revise margins of Oil Marketing Companies (OMCs) and petroleum dealers hit snags, as the agency which has been awarded the study to review margins is not being provided the relevant data, well-informed sources in Petroleum
Published 06 Nov, 2013 12:00am
Human cloning, change in gender un-Islamic: CII

Human cloning, change in gender un-Islamic: CII

The Council of Islamic Ideology (CII) Pakistan here on Tuesday declared that human cloning and changing of gender as un-Islamic acts while announcing its recommendations on a range of issues. Addressing a press conference here, Chairman CII Maulana Muhamm
Published 06 Nov, 2013 12:00am
Human cloning, change in gender un-Islamic: CII

Human cloning, change in gender un-Islamic: CII

The Council of Islamic Ideology (CII) Pakistan here on Tuesday declared that human cloning and changing of gender as un-Islamic acts while announcing its recommendations on a range of issues. Addressing a press conference here, Chairman CII Maulana Muhamm
Published 06 Nov, 2013 12:00am
Slow stock release: TCP holds payments to four sugar mills

Slow stock release: TCP holds payments to four sugar mills

Trading Corporation of Pakistan (TCP) has withheld sugar procurement payment of four mills that were using delaying tactics for release of already procured stocks. Sources told Business Recorder on Tuesday that so far the TCP has released payments
Published 06 Nov, 2013 12:00am
Slow stock release: TCP holds payments to four sugar mills

Slow stock release: TCP holds payments to four sugar mills

Trading Corporation of Pakistan (TCP) has withheld sugar procurement payment of four mills that were using delaying tactics for release of already procured stocks. Sources told Business Recorder on Tuesday that so far the TCP has released payments
Published 06 Nov, 2013 12:00am
Slow stock release: TCP holds payments to four sugar mills

Slow stock release: TCP holds payments to four sugar mills

Trading Corporation of Pakistan (TCP) has withheld sugar procurement payment of four mills that were using delaying tactics for release of already procured stocks. Sources told Business Recorder on Tuesday that so far the TCP has released payments
Published 06 Nov, 2013 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 06 Nov, 2013 12:00am
New mapping of city: Korangi becomes sixth district

New mapping of city: Korangi becomes sixth district

Sindh Government on Tuesday has divided the metropolitan city into six districts with an addition of Korangi district, according to a notification issued by Sindh Board of Revenue (BoR). The official notification issued by BoR, stated that Korangi has bee
Published 06 Nov, 2013 12:00am
CM Punjab: Supreme Court disposes of petitions for disqualification

CM Punjab: Supreme Court disposes of petitions for disqualification

The Supreme Court on Tuesday disposed of petitions filed for the disqualification of Punjab Chief Minister Mian Muhammad Shahbaz Sharif. Petitioner Shahid Aurakzai pleaded in his petitions that Shahbaz Sharif should be disqualified on account of attack on
Published 06 Nov, 2013 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 06 Nov, 2013 12:00am
Spying report: Germany asks Britain for explanation

Spying report: Germany asks Britain for explanation

Germany said Tuesday it had asked to speak to Britain's ambassador following a media report that London has been operating a secret listening post from its embassy in the German capital. A foreign ministry spokesman said the British envoy was called in an
Published 06 Nov, 2013 12:00am
Spying report: Germany asks Britain for explanation

Spying report: Germany asks Britain for explanation

Germany said Tuesday it had asked to speak to Britain's ambassador following a media report that London has been operating a secret listening post from its embassy in the German capital. A foreign ministry spokesman said the British envoy was called in an
Published 06 Nov, 2013 12:00am
Indian mission to Mars blasts off successfully

Indian mission to Mars blasts off successfully

India's first mission to Mars blasted off successfully on Tuesday, completing the first stage of an 11-month journey that could see New Delhi's low-cost space programme win Asia's race to the Red Planet. A 350-tonne rocket carrying an unmanned probe soare
Published 06 Nov, 2013 12:00am
Indian mission to Mars blasts off successfully

Indian mission to Mars blasts off successfully

India's first mission to Mars blasted off successfully on Tuesday, completing the first stage of an 11-month journey that could see New Delhi's low-cost space programme win Asia's race to the Red Planet. A 350-tonne rocket carrying an unmanned probe soare
Published 06 Nov, 2013 12:00am
Awaran quake victims: Army to continue relief work till settlement: CoAS

Awaran quake victims: Army to continue relief work till settlement: CoAS

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Tuesday, visited earthquake affected areas of Awaran District in Balochistan. He reiterated the resolve that Pakistan Army, in collaboration with the government of Balochistan and concerned feder
Published 06 Nov, 2013 12:00am
Awaran quake victims: Army to continue relief work till settlement: CoAS

Awaran quake victims: Army to continue relief work till settlement: CoAS

Chief of Army Staff (CoAS), General Ashfaq Parvez Kayani on Tuesday, visited earthquake affected areas of Awaran District in Balochistan. He reiterated the resolve that Pakistan Army, in collaboration with the government of Balochistan and concerned feder
Published 06 Nov, 2013 12:00am
ISE index gains 110.34 points

ISE index gains 110.34 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, 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 110.34 points as the ISE T
Published 06 Nov, 2013 12:00am
ISE index gains 110.34 points

ISE index gains 110.34 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, 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 110.34 points as the ISE T
Published 06 Nov, 2013 12:00am
LSE index improves by 67.23 points

LSE index improves by 67.23 points

Equities on Tuesday staged recovery on the Lahore Stock Exchange and registered gains across the board amid decreased trading turnover. The LSE-25 index was improved by 67.23 points to close at 4266.79 against 4199.56 of Monday, while transaction volume w
Published 06 Nov, 2013 12:00am
LSE index improves by 67.23 points

LSE index improves by 67.23 points

Equities on Tuesday staged recovery on the Lahore Stock Exchange and registered gains across the board amid decreased trading turnover. The LSE-25 index was improved by 67.23 points to close at 4266.79 against 4199.56 of Monday, while transaction volume w
Published 06 Nov, 2013 12:00am
China, India begin joint anti-terrorism drill

China, India begin joint anti-terrorism drill

China and India began a joint anti-terrorism drill on Tuesday, the first such exercise by the Asian powers - which have a sometimes-fraught relationship - for five years. The world's two most populous countries each sent one company of soldiers to Chengdu
Published 06 Nov, 2013 12:00am
Six ASWJ workers among 13 killed in Karachi

Six ASWJ workers among 13 killed in Karachi

Al least 13 people including six workers of Ahl-e-Sunnat Wal Jamaat (ASWJ) were killed in different areas of the city on Tuesday, police and rescue sources said. An activist of ASWJ was gunned down in Defence Phase-I in the limits of Defence police statio
Published 06 Nov, 2013 12:00am
Six ASWJ workers among 13 killed in Karachi

Six ASWJ workers among 13 killed in Karachi

Al least 13 people including six workers of Ahl-e-Sunnat Wal Jamaat (ASWJ) were killed in different areas of the city on Tuesday, police and rescue sources said. An activist of ASWJ was gunned down in Defence Phase-I in the limits of Defence police statio
Published 06 Nov, 2013 12:00am
Nato supplies: National Assembly divided

Nato supplies: National Assembly divided

Parliamentarians across the divide on Tuesday urged the government to take all political parties into confidence before devising its future strategy following the recent US drone strike. They, however, appeared divided on the question of blockade of Nato
Published 06 Nov, 2013 12:00am
Nato supplies: National Assembly divided

Nato supplies: National Assembly divided

Parliamentarians across the divide on Tuesday urged the government to take all political parties into confidence before devising its future strategy following the recent US drone strike. They, however, appeared divided on the question of blockade of Nato
Published 06 Nov, 2013 12:00am
NICL scam, NAB chief''s apology: judgement reserved

NICL scam, NAB chief''s apology: judgement reserved

The Supreme Court on Tuesday reserved its judgement in the National Insurance Company Ltd (NICL) corruption case, as well as an unconditional apology tendered by incumbent Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry in a contempt of
Published 06 Nov, 2013 12:00am
NICL scam, NAB chief's apology: judgement reserved

NICL scam, NAB chief's apology: judgement reserved

The Supreme Court on Tuesday reserved its judgement in the National Insurance Company Ltd (NICL) corruption case, as well as an unconditional apology tendered by incumbent Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry in a contempt of
Published 06 Nov, 2013 12:00am
NICL scam, NAB chief's apology: judgement reserved

NICL scam, NAB chief's apology: judgement reserved

The Supreme Court on Tuesday reserved its judgement in the National Insurance Company Ltd (NICL) corruption case, as well as an unconditional apology tendered by incumbent Chairman National Accountability Bureau (NAB) Qamar Zaman Chaudhry in a contempt of
Published 06 Nov, 2013 12:00am
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