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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2013-11-06
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
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
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
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
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
Weyerhaeuser sells home unit to Tri Pointe in $2.7 billion deal

Weyerhaeuser sells home unit to Tri Pointe in $2.7 billion deal

Tri Pointe Homes Inc is buying Weyerhaeuser Co's homebuilding division in a $2.7 billion deal that will give it access to developed land in key markets such as California and Texas and make it one of the largest US homebuilders. Weyerhaeuser, whose shareh
Published 06 Nov, 2013 12:00am
Roche and Polyphor sign license agreement

Roche and Polyphor sign license agreement

Swiss pharma group Roche said on Monday it signed a license agreement to develop and commercialise privately held Polyphor's investigational antibiotic, POL7080, against certain 'superbug' infections found in hospitals. Roche could pay up to 500 million S
Published 06 Nov, 2013 12:00am
Low rates: ginners likely to refrain from panic selling

Low rates: ginners likely to refrain from panic selling

Ginners may refrain from panic selling the seed cotton to keep the rates at a certain level on the cotton market on Tuesday, dealers said. The official spot failed to halt more decline, losing Rs 50 to Rs 6400, they said. Price of seed cotton in Sindh per
Published 06 Nov, 2013 12:00am
Oil cake market rates

Oil cake market rates

Mixed patterns were seen on the forward cottonseeds oilcake market on Tuesday in the process of trading, dealers said. The December vaida closed at Rs 953.80 and it opened with a rise of 40 paisa at Rs 954.20 in the morning session, they said. The January
Published 06 Nov, 2013 12:00am
Minor changes on grain market

Minor changes on grain market

Small business was seen on the wholesale grain market on Tuesday in the process of trading, dealers said. On the grams side, Australia No 1 low type was unchanged at Rs 4200 while the good variety was up by Rs 100 to Rs 4600, other items maintained overni
Published 06 Nov, 2013 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 113,642 tonnes of cargo comprising 55,805 tonnes of import cargo and 57,837 tonnes of export cargo including 3,445 loaded and empty containers during the last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 55,8
Published 06 Nov, 2013 12:00am
Russia's wheat export prices fall

Russia's wheat export prices fall

Russia's wheat export prices declined last week for the first time since early September following a fall in global benchmarks, putting pressure on farmers who were withholding the commodity on domestic market, analysts said on Tuesday. Wheat futures in C
Published 06 Nov, 2013 12:00am
Indian soya futures down on profit-taking

Indian soya futures down on profit-taking

Indian soya futures eased on Tuesday as traders booked profits after last week's strong gains, while a majority of spot markets remained closed due to extended Diwali celebrations. On Friday, soyabean futures had hit a four-month high on strong demand due
Published 06 Nov, 2013 12:00am
EU wheat prices little changed, USDA report awaited

EU wheat prices little changed, USDA report awaited

European Union wheat futures were little changed on Tuesday as a cautious mood prevailed before long-awaited US crop forecasts later this week. Wheat prices were under the conflicting pressures of healthy export demand, which supports prices, and weakness
Published 06 Nov, 2013 12:00am
Indian sugar futures hit over 16-month low

Indian sugar futures hit over 16-month low

Indian sugar futures eased on Tuesday, and hit their lowest level in more than 16 months on sluggish demand from bulk consumers and higher supplies. India started the new sugar marketing year with carry-forward stocks of 8.8 million tonnes. It is expected
Published 06 Nov, 2013 12:00am
Vietnam cuts 2013 rice export target

Vietnam cuts 2013 rice export target

Vietnam has trimmed its rice export target for this year to 6.7 million, down from an earlier estimate of 7.0 million to 7.5 million tonnes, a state-run newspaper reported on Tuesday. The world's second-largest rice exporter shipped a record 8.02 million
Published 06 Nov, 2013 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Nov, 2013 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 06 Nov, 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 06 Nov, 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 06 Nov, 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 Tuesday (November 05, 2013).

Published 06 Nov, 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 Tuesday (November 05, 2013).

Published 06 Nov, 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 Tuesday (November 05, 2013).

Published 06 Nov, 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 Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Defence secretary indicted for contempt of court

Defence secretary indicted for contempt of court

The Supreme Court on Tuesday indicted Defence Secretary Lieutenant General Asif Yasin Malik (retired) for contempt of court over non-compliance of court's orders regarding Local Bodies (LB) polls in Cantonment Boards by rejecting the plea of his counsel.
Published 06 Nov, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (November 05, 2013).
Published 06 Nov, 2013 12:00am
Defence secretary indicted for contempt of court

Defence secretary indicted for contempt of court

The Supreme Court on Tuesday indicted Defence Secretary Lieutenant General Asif Yasin Malik (retired) for contempt of court over non-compliance of court's orders regarding Local Bodies (LB) polls in Cantonment Boards by rejecting the plea of his counsel.
Published 06 Nov, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Kuwaiti Prime Minister due on Sunday

Kuwaiti Prime Minister due on Sunday

In view of close and cordial relations between Pakistan and Kuwait, Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Prime Minister of the State of Kuwait, would be visiting Pakistan from November 10 to 12 on the invitation of Prime Minister Nawaz Sharif. Sheik
Published 06 Nov, 2013 12:00am
Kuwaiti Prime Minister due on Sunday

Kuwaiti Prime Minister due on Sunday

In view of close and cordial relations between Pakistan and Kuwait, Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Prime Minister of the State of Kuwait, would be visiting Pakistan from November 10 to 12 on the invitation of Prime Minister Nawaz Sharif. Sheik
Published 06 Nov, 2013 12:00am
Kuwaiti Prime Minister due on Sunday

Kuwaiti Prime Minister due on Sunday

In view of close and cordial relations between Pakistan and Kuwait, Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah, Prime Minister of the State of Kuwait, would be visiting Pakistan from November 10 to 12 on the invitation of Prime Minister Nawaz Sharif. Sheik
Published 06 Nov, 2013 12:00am
Procurement of old sugar stocks: will ECC accord approval?

Procurement of old sugar stocks: will ECC accord approval?

Will Economic Co-ordination Committee (ECC) of the Cabinet scheduled to meet on Wednesday (today) with Finance Minister Senator Ishaq Dar, approve procurement of old sugar stocks of 650,000 MT as per plan jointly tailored by the Ministry of Industries and
Published 06 Nov, 2013 12:00am
Procurement of old sugar stocks: will ECC accord approval?

Procurement of old sugar stocks: will ECC accord approval?

Will Economic Co-ordination Committee (ECC) of the Cabinet scheduled to meet on Wednesday (today) with Finance Minister Senator Ishaq Dar, approve procurement of old sugar stocks of 650,000 MT as per plan jointly tailored by the Ministry of Industries and
Published 06 Nov, 2013 12:00am
Procurement of old sugar stocks: will ECC accord approval?

Procurement of old sugar stocks: will ECC accord approval?

Will Economic Co-ordination Committee (ECC) of the Cabinet scheduled to meet on Wednesday (today) with Finance Minister Senator Ishaq Dar, approve procurement of old sugar stocks of 650,000 MT as per plan jointly tailored by the Ministry of Industries and
Published 06 Nov, 2013 12:00am
Missile Hatf IX (NASR) successfully test fired

Missile Hatf IX (NASR) successfully test fired

Pakistan on Tuesday conducted a successful test fire of short range Surface to Surface Missile Hatf IX (NASR). The test fire was conducted with successive launches of 4 x missiles (Salvo) from a state-of-the-art multi-tube launcher. According to ISPR here
Published 06 Nov, 2013 12:00am
Missile Hatf IX (NASR) successfully test fired

Missile Hatf IX (NASR) successfully test fired

Pakistan on Tuesday conducted a successful test fire of short range Surface to Surface Missile Hatf IX (NASR). The test fire was conducted with successive launches of 4 x missiles (Salvo) from a state-of-the-art multi-tube launcher. According to ISPR here
Published 06 Nov, 2013 12:00am
Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Qatari and Chinese companies will jointly install four coal-based power plants at Gaddani (Balochistan) and Port Qasim, which will generate a total of 2,600MW power in Pakistan. Prime Minister Nawaz Sharif welcomed the investment in energy sector during a
Published 06 Nov, 2013 12:00am
Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Qatari and Chinese companies will jointly install four coal-based power plants at Gaddani (Balochistan) and Port Qasim, which will generate a total of 2,600MW power in Pakistan. Prime Minister Nawaz Sharif welcomed the investment in energy sector during a
Published 06 Nov, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Gaddani, Port Qasim: Qatari, Chinese firms to install power plants

Qatari and Chinese companies will jointly install four coal-based power plants at Gaddani (Balochistan) and Port Qasim, which will generate a total of 2,600MW power in Pakistan. Prime Minister Nawaz Sharif welcomed the investment in energy sector during a
Published 06 Nov, 2013 12:00am
EU trims 2014 eurozone growth prospects

EU trims 2014 eurozone growth prospects

Hopes of eurozone recovery momentum were dashed Tuesday, with new EU forecasts seeing more agony for millions on the dole as Brussels stepped up pressure on Germany and France to re-shape their economies. The European Commission said growth across the 17-
Published 06 Nov, 2013 12:00am
EU trims 2014 eurozone growth prospects

EU trims 2014 eurozone growth prospects

Hopes of eurozone recovery momentum were dashed Tuesday, with new EU forecasts seeing more agony for millions on the dole as Brussels stepped up pressure on Germany and France to re-shape their economies. The European Commission said growth across the 17-
Published 06 Nov, 2013 12:00am
EU trims 2014 eurozone growth prospects

EU trims 2014 eurozone growth prospects

Hopes of eurozone recovery momentum were dashed Tuesday, with new EU forecasts seeing more agony for millions on the dole as Brussels stepped up pressure on Germany and France to re-shape their economies. The European Commission said growth across the 17-
Published 06 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Smart recovery

Smart recovery

Led by banks and telecom shares, Karachi Stock Exchange staged a smart recovery on Tuesday. The KSE-100 Index gained 412.87 points to close at 22,790.70 against 22,377.83 Monday. The index touched 22,833 highest and 22,377 lowest levels during the intra-d
Published 06 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Smart recovery

Smart recovery

Led by banks and telecom shares, Karachi Stock Exchange staged a smart recovery on Tuesday. The KSE-100 Index gained 412.87 points to close at 22,790.70 against 22,377.83 Monday. The index touched 22,833 highest and 22,377 lowest levels during the intra-d
Published 06 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (November 05, 2013).

Published 06 Nov, 2013 12:00am
Smart recovery

Smart recovery

Led by banks and telecom shares, Karachi Stock Exchange staged a smart recovery on Tuesday. The KSE-100 Index gained 412.87 points to close at 22,790.70 against 22,377.83 Monday. The index touched 22,833 highest and 22,377 lowest levels during the intra-d
Published 06 Nov, 2013 12:00am
BRIndex30 surges by 232.03 points

BRIndex30 surges by 232.03 points

On Tuesday, BRIndex30 opened at 12,613.02 and remained positive throughout the trading session. It touched an intraday high of 12,855.17 and an intraday low of 12,645.59 and closed at 12,845.05, which was 232.03 points or 1.84 percent higher than previous
Published 06 Nov, 2013 12:00am
BRIndex30 surges by 232.03 points

BRIndex30 surges by 232.03 points

On Tuesday, BRIndex30 opened at 12,613.02 and remained positive throughout the trading session. It touched an intraday high of 12,855.17 and an intraday low of 12,645.59 and closed at 12,845.05, which was 232.03 points or 1.84 percent higher than previous
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
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
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