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Print - 2013-11-12
CCP drafts new Competition Leniency Regulations 2013

CCP drafts new Competition Leniency Regulations 2013

The Competition Commission of Pakistan (CCP) has drafted new Competition Leniency Regulations 2013; Reward Payment Scheme; Conduct of Business Regulations to improve Competition Rules and Regulations in view of past experience, bringing them in line with
Published 12 Nov, 2013 12:00am
CCP drafts new Competition Leniency Regulations 2013

CCP drafts new Competition Leniency Regulations 2013

The Competition Commission of Pakistan (CCP) has drafted new Competition Leniency Regulations 2013; Reward Payment Scheme; Conduct of Business Regulations to improve Competition Rules and Regulations in view of past experience, bringing them in line with
Published 12 Nov, 2013 12:00am
CCP drafts new Competition Leniency Regulations 2013

CCP drafts new Competition Leniency Regulations 2013

The Competition Commission of Pakistan (CCP) has drafted new Competition Leniency Regulations 2013; Reward Payment Scheme; Conduct of Business Regulations to improve Competition Rules and Regulations in view of past experience, bringing them in line with
Published 12 Nov, 2013 12:00am
ECP requests Supreme Court to delay LB polls

ECP requests Supreme Court to delay LB polls

The Election Commission of Pakistan (ECP) on Monday submitted an application in the Supreme Court requesting to delay the local bodies' (LB) elections in the country. Akram Sheikh, counsel for the ECP, filed the application seeking four-month time due to
Published 12 Nov, 2013 12:00am
ECP requests Supreme Court to delay LB polls

ECP requests Supreme Court to delay LB polls

The Election Commission of Pakistan (ECP) on Monday submitted an application in the Supreme Court requesting to delay the local bodies' (LB) elections in the country. Akram Sheikh, counsel for the ECP, filed the application seeking four-month time due to
Published 12 Nov, 2013 12:00am
Sindh Assembly seeks apology

Sindh Assembly seeks apology

Treasury and opposition parties, except PTI, on Monday asked the chief of Jamaat-i-Islami (JI), Syed Munawwar Hassan, to offer an unconditional apology to the nation for his controversial statement about the army and the public killed in war on terror. A
Published 12 Nov, 2013 12:00am
Sindh Assembly seeks apology

Sindh Assembly seeks apology

Treasury and opposition parties, except PTI, on Monday asked the chief of Jamaat-i-Islami (JI), Syed Munawwar Hassan, to offer an unconditional apology to the nation for his controversial statement about the army and the public killed in war on terror. A
Published 12 Nov, 2013 12:00am
ANP submits adjournment motion

ANP submits adjournment motion

Awami National Party (ANP) on Monday submitted an adjournment motion in Senate against Jamaat-i-Islami (JI) Chief Syed Munawwar Hassan for ridiculing the martyrs in the ongoing war against terrorism. The adjournment motion, duly signed by ANP Provincial P
Published 12 Nov, 2013 12:00am
ANP submits adjournment motion

ANP submits adjournment motion

Awami National Party (ANP) on Monday submitted an adjournment motion in Senate against Jamaat-i-Islami (JI) Chief Syed Munawwar Hassan for ridiculing the martyrs in the ongoing war against terrorism. The adjournment motion, duly signed by ANP Provincial P
Published 12 Nov, 2013 12:00am
Confusion worse compounded: Jamaat-i-Islami doesn't apologise

Confusion worse compounded: Jamaat-i-Islami doesn't apologise

A high-level meeting of Jamaat-i-Islami, held at its headquarter Mansoora on Monday with JI Ameer Syed Munawwar Hassan in the chair, declared that the "armed forces had no right whatsoever to directly interfere in politics or democratic issues." JI Secret
Published 12 Nov, 2013 12:00am
Confusion worse compounded: Jamaat-i-Islami doesn't apologise

Confusion worse compounded: Jamaat-i-Islami doesn't apologise

A high-level meeting of Jamaat-i-Islami, held at its headquarter Mansoora on Monday with JI Ameer Syed Munawwar Hassan in the chair, declared that the "armed forces had no right whatsoever to directly interfere in politics or democratic issues." JI Secret
Published 12 Nov, 2013 12:00am
BRIndex30 gains 59.01 points

BRIndex30 gains 59.01 points

On Monday, BRIndex30 opened at 13,400.69 and remained positive throughout the trading session. It touched an intraday high of 13,653.24 and an intraday low of 13,436.09 and closed at 13,459.70, which was 59.01 points or 0.44 percent higher than previous c
Published 12 Nov, 2013 12:00am
BRIndex30 gains 59.01 points

BRIndex30 gains 59.01 points

On Monday, BRIndex30 opened at 13,400.69 and remained positive throughout the trading session. It touched an intraday high of 13,653.24 and an intraday low of 13,436.09 and closed at 13,459.70, which was 59.01 points or 0.44 percent higher than previous c
Published 12 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
KSE maintains firm posture

KSE maintains firm posture

The new trading week began on positive note at Karachi Stock Exchange as the KSE-100 Index gained 13.93 points to close at 23,381.08 against 23,367.15 last Friday. The index touched 23,588 highest and 23,367 as lowest levels during the intra-day trading.
Published 12 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
KSE maintains firm posture

KSE maintains firm posture

The new trading week began on positive note at Karachi Stock Exchange as the KSE-100 Index gained 13.93 points to close at 23,381.08 against 23,367.15 last Friday. The index touched 23,588 highest and 23,367 as lowest levels during the intra-day trading.
Published 12 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
KSE maintains firm posture

KSE maintains firm posture

The new trading week began on positive note at Karachi Stock Exchange as the KSE-100 Index gained 13.93 points to close at 23,381.08 against 23,367.15 last Friday. The index touched 23,588 highest and 23,367 as lowest levels during the intra-day trading.
Published 12 Nov, 2013 12:00am
Suit filed by Indian firm: PSM seeks law ministry''s advice

Suit filed by Indian firm: PSM seeks law ministry''s advice

Pakistan Steel Mills (PSM) has reportedly sought Law Ministry''s advice on a suit filed by M/s Sesa Goa Limited, India, against steel mills in the International Court of Justice, well informed sources in PSM told Business Recorder. Giving a backgro
Published 12 Nov, 2013 12:00am
Suit filed by Indian firm: PSM seeks law ministry's advice

Suit filed by Indian firm: PSM seeks law ministry's advice

Pakistan Steel Mills (PSM) has reportedly sought Law Ministry's advice on a suit filed by M/s Sesa Goa Limited, India, against steel mills in the International Court of Justice, well informed sources in PSM told Business Recorder. Giving a backgrou
Published 12 Nov, 2013 12:00am
Suit filed by Indian firm: PSM seeks law ministry's advice

Suit filed by Indian firm: PSM seeks law ministry's advice

Pakistan Steel Mills (PSM) has reportedly sought Law Ministry's advice on a suit filed by M/s Sesa Goa Limited, India, against steel mills in the International Court of Justice, well informed sources in PSM told Business Recorder. Giving a backgrou
Published 12 Nov, 2013 12:00am
Goods transport: rate of WHT cut to Rs two per kg of laden weight

Goods transport: rate of WHT cut to Rs two per kg of laden weight

To provide relief to goods transporters, the Federal Board of Revenue has agreed to reduce the rate of withholding tax on goods transport vehicles from Rs 3 per kg to Rs 2 per kg of the laden weight. Sources told Business Recorder here on Monday th
Published 12 Nov, 2013 12:00am
Goods transport: rate of WHT cut to Rs two per kg of laden weight

Goods transport: rate of WHT cut to Rs two per kg of laden weight

To provide relief to goods transporters, the Federal Board of Revenue has agreed to reduce the rate of withholding tax on goods transport vehicles from Rs 3 per kg to Rs 2 per kg of the laden weight. Sources told Business Recorder here on Monday th
Published 12 Nov, 2013 12:00am
Goods transport: rate of WHT cut to Rs two per kg of laden weight

Goods transport: rate of WHT cut to Rs two per kg of laden weight

To provide relief to goods transporters, the Federal Board of Revenue has agreed to reduce the rate of withholding tax on goods transport vehicles from Rs 3 per kg to Rs 2 per kg of the laden weight. Sources told Business Recorder here on Monday th
Published 12 Nov, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
US at odds with Iran over right to enrich uranium

US at odds with Iran over right to enrich uranium

The United States said Monday no state has the existing right to enrich uranium, as Iran and the UN watchdog agreed on a "roadmap for co-operation" over its nuclear programme. As France said world powers were still close to an agreement with Iran on its d
Published 12 Nov, 2013 12:00am
US at odds with Iran over right to enrich uranium

US at odds with Iran over right to enrich uranium

The United States said Monday no state has the existing right to enrich uranium, as Iran and the UN watchdog agreed on a "roadmap for co-operation" over its nuclear programme. As France said world powers were still close to an agreement with Iran on its d
Published 12 Nov, 2013 12:00am
ECC misled by sugar sector players?

ECC misled by sugar sector players?

Economic Coordination Committee (ECC) of the Cabinet has reportedly been misled by the sugar sector players through the Ministry of Industries and Production (MoI&P), which overstated 306 per cent higher stock figures, well informed sources told Busine
Published 12 Nov, 2013 12:00am
ECC misled by sugar sector players?

ECC misled by sugar sector players?

Economic Coordination Committee (ECC) of the Cabinet has reportedly been misled by the sugar sector players through the Ministry of Industries and Production (MoI&P), which overstated 306 per cent higher stock figures, well informed sources told Busine
Published 12 Nov, 2013 12:00am
ECC misled by sugar sector players?

ECC misled by sugar sector players?

Economic Coordination Committee (ECC) of the Cabinet has reportedly been misled by the sugar sector players through the Ministry of Industries and Production (MoI&P), which overstated 306 per cent higher stock figures, well informed sources told Busine
Published 12 Nov, 2013 12:00am
IHC suspends verdict declaring Car Amnesty Scheme illegal

IHC suspends verdict declaring Car Amnesty Scheme illegal

The Islamabad High Court (IHC) on Monday suspended the judgement of single bench declaring Car Amnesty Scheme unlawful and ordering the seizure of vehicles registered under the scheme. A division bench of IHC comprising Justice Riaz Ahmad Khan and Justice
Published 12 Nov, 2013 12:00am
IHC suspends verdict declaring Car Amnesty Scheme illegal

IHC suspends verdict declaring Car Amnesty Scheme illegal

The Islamabad High Court (IHC) on Monday suspended the judgement of single bench declaring Car Amnesty Scheme unlawful and ordering the seizure of vehicles registered under the scheme. A division bench of IHC comprising Justice Riaz Ahmad Khan and Justice
Published 12 Nov, 2013 12:00am
IHC suspends verdict declaring Car Amnesty Scheme illegal

IHC suspends verdict declaring Car Amnesty Scheme illegal

The Islamabad High Court (IHC) on Monday suspended the judgement of single bench declaring Car Amnesty Scheme unlawful and ordering the seizure of vehicles registered under the scheme. A division bench of IHC comprising Justice Riaz Ahmad Khan and Justice
Published 12 Nov, 2013 12:00am
SBA 22nd installment: IMF paid $147.6 million

SBA 22nd installment: IMF paid $147.6 million

Pakistan on Monday paid 22nd installment of Stand-By Arrangement (SBA) worth $147.6 million to the International Monetary Fund (IMF). As per the payment schedule, the 22nd installment of SBA worth Special Drawing Rights (SDR) 95.837 million was due on Nov
Published 12 Nov, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
SBA 22nd installment: IMF paid $147.6 million

SBA 22nd installment: IMF paid $147.6 million

Pakistan on Monday paid 22nd installment of Stand-By Arrangement (SBA) worth $147.6 million to the International Monetary Fund (IMF). As per the payment schedule, the 22nd installment of SBA worth Special Drawing Rights (SDR) 95.837 million was due on Nov
Published 12 Nov, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (November 11, 2013).
Published 12 Nov, 2013 12:00am
SBA 22nd installment: IMF paid $147.6 million

SBA 22nd installment: IMF paid $147.6 million

Pakistan on Monday paid 22nd installment of Stand-By Arrangement (SBA) worth $147.6 million to the International Monetary Fund (IMF). As per the payment schedule, the 22nd installment of SBA worth Special Drawing Rights (SDR) 95.837 million was due on Nov
Published 12 Nov, 2013 12:00am
US to help overcome power shortage: working group meets today

US to help overcome power shortage: working group meets today

The fifth US-Pakistan Energy Working Group, part of the strategic dialogue framework, will meet in Washington today (Tuesday) to foster co-operation in energy sector and help Pakistan overcome power shortage. The energy working group, reenergized during S
Published 12 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 Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
US to help overcome power shortage: working group meets today

US to help overcome power shortage: working group meets today

The fifth US-Pakistan Energy Working Group, part of the strategic dialogue framework, will meet in Washington today (Tuesday) to foster co-operation in energy sector and help Pakistan overcome power shortage. The energy working group, reenergized during S
Published 12 Nov, 2013 12:00am
US to help overcome power shortage: working group meets today

US to help overcome power shortage: working group meets today

The fifth US-Pakistan Energy Working Group, part of the strategic dialogue framework, will meet in Washington today (Tuesday) to foster co-operation in energy sector and help Pakistan overcome power shortage. The energy working group, reenergized during S
Published 12 Nov, 2013 12:00am
BoI holds business forum for Kuwaiti investors

BoI holds business forum for Kuwaiti investors

The Board of Investment (BoI) arranged a business forum Monday for the facilitation of Kuwaiti investors, businessmen who are on a visit to Pakistan along with the Prime Minister of State of Kuwait. The Prime Minister of State of Kuwait is visiting Pakist
Published 12 Nov, 2013 12:00am
BoI holds business forum for Kuwaiti investors

BoI holds business forum for Kuwaiti investors

The Board of Investment (BoI) arranged a business forum Monday for the facilitation of Kuwaiti investors, businessmen who are on a visit to Pakistan along with the Prime Minister of State of Kuwait. The Prime Minister of State of Kuwait is visiting Pakist
Published 12 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 Monday (November 11, 2013).

Published 12 Nov, 2013 12:00am
BoI holds business forum for Kuwaiti investors

BoI holds business forum for Kuwaiti investors

The Board of Investment (BoI) arranged a business forum Monday for the facilitation of Kuwaiti investors, businessmen who are on a visit to Pakistan along with the Prime Minister of State of Kuwait. The Prime Minister of State of Kuwait is visiting Pakist
Published 12 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 Monday (November 11, 2013).

Published 12 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 Monday (November 11, 2013).

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

New York cotton

The fluctuations observed during the day:

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

New York cotton

The fluctuations observed during the day:

Published 12 Nov, 2013 12:00am
Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Pakistan and Kuwait Monday signed four Memoranda of Understanding (MoUs) to enhance co-operation in the fields of investment‚ extradition‚ labour and visa waiver at diplomatic and official level. The signing ceremony was witnessed by Prime Minister Nawaz
Published 12 Nov, 2013 12:00am
Indian chana rises on value buying

Indian chana rises on value buying

Indian chana, or chickpea, futures rose on Monday on value buying, though significant stocks and conducive weather for sowing and adequate soil moisture restricted the upside. Chickpea is a rabi crop for which sowing starts in October. Key growing areas h
Published 12 Nov, 2013 12:00am
Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Pakistan and Kuwait Monday signed four Memoranda of Understanding (MoUs) to enhance co-operation in the fields of investment‚ extradition‚ labour and visa waiver at diplomatic and official level. The signing ceremony was witnessed by Prime Minister Nawaz
Published 12 Nov, 2013 12:00am
Rains, sunshine ensure Ivorian cocoa quality, output

Rains, sunshine ensure Ivorian cocoa quality, output

A week of patchy rains mixed with long spells of sunshine should ensure high quality cocoa beans from Ivory Coast's growing regions at least until the end of December, farmers and analysts said on Monday. Farmers in the world's top cocoa-producing nation
Published 12 Nov, 2013 12:00am
Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Investment‚ extradition‚ labour and visa: four MoUs inked with Kuwait

Pakistan and Kuwait Monday signed four Memoranda of Understanding (MoUs) to enhance co-operation in the fields of investment‚ extradition‚ labour and visa waiver at diplomatic and official level. The signing ceremony was witnessed by Prime Minister Nawaz
Published 12 Nov, 2013 12:00am
Russia's wheat prices unchanged in thin trade

Russia's wheat prices unchanged in thin trade

Export prices for Russian wheat were unchanged in thin trade last week as exporters were yet to renegotiate prices with farmers who were withholding the commodity, analysts said on Monday. Russian farmers, defaulting on forward sales in the hope of obtain
Published 12 Nov, 2013 12:00am
Haqqani network commander killed in Islamabad

Haqqani network commander killed in Islamabad

Nasir-ud-Din Haqqani, eldest son of Jalal-ud-din Haqqani of Haqqani Network and commonly known as doctor in Jihadi circles, was gunned down by unidentified gunmen in mysterious circumstances in the limits of Bhara Kahu police station on Sunday night, it w
Published 12 Nov, 2013 12:00am
EU rapeseed sown area to fall slightly

EU rapeseed sown area to fall slightly

The area sown with rapeseed for the 2014 harvest in the European Union will fall 1 percent from this year to 6.6 million hectares, analyst Strategie Grains said. Sunseed crops would also lose area, with Strategie Grains expecting a 3 percent decrease to 4
Published 12 Nov, 2013 12:00am
Haqqani network commander killed in Islamabad

Haqqani network commander killed in Islamabad

Nasir-ud-Din Haqqani, eldest son of Jalal-ud-din Haqqani of Haqqani Network and commonly known as doctor in Jihadi circles, was gunned down by unidentified gunmen in mysterious circumstances in the limits of Bhara Kahu police station on Sunday night, it w
Published 12 Nov, 2013 12:00am