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Print - 2013-11-29
Quake near Iran nuclear plant kills seven

Quake near Iran nuclear plant kills seven

A 5.7 magnitude earthquake on the Gulf coast near Iran's sole nuclear power plant killed seven people and injured 30 on Thursday, emergency response chief Hassan Qadami told state media. "So far, there are seven dead and 30 injured receiving hospital trea
Published 29 Nov, 2013 12:00am
Corruption reference: former DG PTA jailed for seven years

Corruption reference: former DG PTA jailed for seven years

The Accountability Court (AC) on Thursday awarded a seven-year sentence and a Rs 70 million penalty to former Director General Pakistan Telecommunication Authority (PTA) Imran Ahmed Zubair in corruption reference. The court issued its verdict in PTA corru
Published 29 Nov, 2013 12:00am
Corruption reference: former DG PTA jailed for seven years

Corruption reference: former DG PTA jailed for seven years

The Accountability Court (AC) on Thursday awarded a seven-year sentence and a Rs 70 million penalty to former Director General Pakistan Telecommunication Authority (PTA) Imran Ahmed Zubair in corruption reference. The court issued its verdict in PTA corru
Published 29 Nov, 2013 12:00am
Corruption reference: former DG PTA jailed for seven years

Corruption reference: former DG PTA jailed for seven years

The Accountability Court (AC) on Thursday awarded a seven-year sentence and a Rs 70 million penalty to former Director General Pakistan Telecommunication Authority (PTA) Imran Ahmed Zubair in corruption reference. The court issued its verdict in PTA corru
Published 29 Nov, 2013 12:00am
General Rashad assumes his charge

General Rashad assumes his charge

General Rashad Mahmood, Chairman Joint Chiefs of Staff Committee (CJCSC) assumed the charge of his office on Thursday. A simple but impressive ceremony was held at the Joint Staff Headquarters to formally welcome the newly appointed CJCSC General Rashad M
Published 29 Nov, 2013 12:00am
General Rashad assumes his charge

General Rashad assumes his charge

General Rashad Mahmood, Chairman Joint Chiefs of Staff Committee (CJCSC) assumed the charge of his office on Thursday. A simple but impressive ceremony was held at the Joint Staff Headquarters to formally welcome the newly appointed CJCSC General Rashad M
Published 29 Nov, 2013 12:00am
Prime Minister to visit Afghanistan tomorrow to push peace efforts

Prime Minister to visit Afghanistan tomorrow to push peace efforts

Prime Minister Nawaz Sharif will visit Kabul Saturday to meet President Hamid Karzai as part of efforts to revive Afghanistan's faltering peace process. The one-day visit, confirmed by foreign ministry, comes a week after Sharif met a delegation from the
Published 29 Nov, 2013 12:00am
Prime Minister to visit Afghanistan tomorrow to push peace efforts

Prime Minister to visit Afghanistan tomorrow to push peace efforts

Prime Minister Nawaz Sharif will visit Kabul Saturday to meet President Hamid Karzai as part of efforts to revive Afghanistan's faltering peace process. The one-day visit, confirmed by foreign ministry, comes a week after Sharif met a delegation from the
Published 29 Nov, 2013 12:00am
Availing ''lucrative'' incentives: un-documented persons get chance

Availing ''lucrative'' incentives: un-documented persons get chance

The Federal Board of Revenue (FBR) has given opportunity to the un-documented persons to come into the tax net by voluntarily obtaining the National Tax Numbers (NTNs) and file income tax returns to get immunity from audit, penalties and default surcharge
Published 29 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
Availing 'lucrative' incentives: un-documented persons get chance

Availing 'lucrative' incentives: un-documented persons get chance

The Federal Board of Revenue (FBR) has given opportunity to the un-documented persons to come into the tax net by voluntarily obtaining the National Tax Numbers (NTNs) and file income tax returns to get immunity from audit, penalties and default surcharge
Published 29 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
Availing 'lucrative' incentives: un-documented persons get chance

Availing 'lucrative' incentives: un-documented persons get chance

The Federal Board of Revenue (FBR) has given opportunity to the un-documented persons to come into the tax net by voluntarily obtaining the National Tax Numbers (NTNs) and file income tax returns to get immunity from audit, penalties and default surcharge
Published 29 Nov, 2013 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
25 FPCCI proposals implemented: Dar

25 FPCCI proposals implemented: Dar

Finance Minister Ishaq Dar on Thursday said that 25 proposals of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) were implemented and the remaining would be implemented in next few days. Speaking at a ceremony held to announce economic pac
Published 29 Nov, 2013 12:00am
25 FPCCI proposals implemented: Dar

25 FPCCI proposals implemented: Dar

Finance Minister Ishaq Dar on Thursday said that 25 proposals of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) were implemented and the remaining would be implemented in next few days. Speaking at a ceremony held to announce economic pac
Published 29 Nov, 2013 12:00am
25 FPCCI proposals implemented: Dar

25 FPCCI proposals implemented: Dar

Finance Minister Ishaq Dar on Thursday said that 25 proposals of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) were implemented and the remaining would be implemented in next few days. Speaking at a ceremony held to announce economic pac
Published 29 Nov, 2013 12:00am
BRIndex30 surges by 231.23 points

BRIndex30 surges by 231.23 points

On Thursday, BRIndex30 opened at 13,757.11 and remained positive throughout the trading session. It touched an intraday high of 14,003.56 and an intraday low of 13,835.33 and closed at 13,988.34, which was 231.23 points or 1.68 percent higher than previou
Published 29 Nov, 2013 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
BRIndex30 surges by 231.23 points

BRIndex30 surges by 231.23 points

On Thursday, BRIndex30 opened at 13,757.11 and remained positive throughout the trading session. It touched an intraday high of 14,003.56 and an intraday low of 13,835.33 and closed at 13,988.34, which was 231.23 points or 1.68 percent higher than previou
Published 29 Nov, 2013 12:00am
Index crosses 24,000-point level

Index crosses 24,000-point level

Following the nominations for the slots of Chief Justice of Pakistan and Chief of Army Staff, a bullish trend was witnessed at the Karachi bourse on Thursday. The KSE 100-Index crossed the historic high of 24,000 points amid rising volumes. The KSE-100 in
Published 29 Nov, 2013 12:00am
Index crosses 24,000-point level

Index crosses 24,000-point level

Following the nominations for the slots of Chief Justice of Pakistan and Chief of Army Staff, a bullish trend was witnessed at the Karachi bourse on Thursday. The KSE 100-Index crossed the historic high of 24,000 points amid rising volumes. The KSE-100 in
Published 29 Nov, 2013 12:00am
Index crosses 24,000-point level

Index crosses 24,000-point level

Following the nominations for the slots of Chief Justice of Pakistan and Chief of Army Staff, a bullish trend was witnessed at the Karachi bourse on Thursday. The KSE 100-Index crossed the historic high of 24,000 points amid rising volumes. The KSE-100 in
Published 29 Nov, 2013 12:00am
BoE cuts mortgage support to avoid housing bubble

BoE cuts mortgage support to avoid housing bubble

The Bank of England moved to head off the risk of a bubble in house prices on Thursday, making a surprise announcement that it would put the brakes on a scheme launched last year to boost mortgage lending. Shares in British construction firms tumbled afte
Published 29 Nov, 2013 12:00am
BoE cuts mortgage support to avoid housing bubble

BoE cuts mortgage support to avoid housing bubble

The Bank of England moved to head off the risk of a bubble in house prices on Thursday, making a surprise announcement that it would put the brakes on a scheme launched last year to boost mortgage lending. Shares in British construction firms tumbled afte
Published 29 Nov, 2013 12:00am
BoE cuts mortgage support to avoid housing bubble

BoE cuts mortgage support to avoid housing bubble

The Bank of England moved to head off the risk of a bubble in house prices on Thursday, making a surprise announcement that it would put the brakes on a scheme launched last year to boost mortgage lending. Shares in British construction firms tumbled afte
Published 29 Nov, 2013 12:00am
Khawaja Asif hopes to resolve issue before December 10

Khawaja Asif hopes to resolve issue before December 10

Federal Minister for Water and Power and Defence, Khawaja Asif has said that the present government is committed to resolve the issue of missing persons as per law and the Constitution. Speaking to the heirs of missing persons of Balochistan at their prot
Published 29 Nov, 2013 12:00am
Khawaja Asif hopes to resolve issue before December 10

Khawaja Asif hopes to resolve issue before December 10

Federal Minister for Water and Power and Defence, Khawaja Asif has said that the present government is committed to resolve the issue of missing persons as per law and the Constitution. Speaking to the heirs of missing persons of Balochistan at their prot
Published 29 Nov, 2013 12:00am
IG FC asked to produce missing persons by today

IG FC asked to produce missing persons by today

Chief Justice Iftikhar Muhammad Chaudhry on Thursday ordered the Inspector General of Frontier Corps (IGFC) in Balochistan to appear before the court at any cost on Friday and produce the missing persons; otherwise a case would be registered against him.
Published 29 Nov, 2013 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
IG FC asked to produce missing persons by today

IG FC asked to produce missing persons by today

Chief Justice Iftikhar Muhammad Chaudhry on Thursday ordered the Inspector General of Frontier Corps (IGFC) in Balochistan to appear before the court at any cost on Friday and produce the missing persons; otherwise a case would be registered against him.
Published 29 Nov, 2013 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (November 28, 2013).
Published 29 Nov, 2013 12:00am
Europe's top court strikes down sanctions on Iranian company

Europe's top court strikes down sanctions on Iranian company

Europe's highest court struck down EU sanctions against an Iranian power company on Thursday, the latest legal ruling against measures that the European Union has imposed over Iran's nuclear programme. While sanctions are set to be relaxed under a deal la
Published 29 Nov, 2013 12:00am
Europe's top court strikes down sanctions on Iranian company

Europe's top court strikes down sanctions on Iranian company

Europe's highest court struck down EU sanctions against an Iranian power company on Thursday, the latest legal ruling against measures that the European Union has imposed over Iran's nuclear programme. While sanctions are set to be relaxed under a deal la
Published 29 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 Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
Stop Tendulkar praise: TTP

Stop Tendulkar praise: TTP

The Pakis-tani Taliban have said the country's media should rein in its praise of Indian cricket legend Sachin Tendulkar, who retired this month after a glittering 24-year career. Shahidullah Shahid, the main spokesman for the Tehreek-e-Taliban Pakistan (
Published 29 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 Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
Stop Tendulkar praise: TTP

Stop Tendulkar praise: TTP

The Pakis-tani Taliban have said the country's media should rein in its praise of Indian cricket legend Sachin Tendulkar, who retired this month after a glittering 24-year career. Shahidullah Shahid, the main spokesman for the Tehreek-e-Taliban Pakistan (
Published 29 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 Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
US looks forward to working with Raheel

US looks forward to working with Raheel

As Prime Minister Nawaz Sharif picked General Raheel Sharif to be new Army Chief, the United States, which has close security ties with Pakistan, Wednesday said it looks forward to working with the newly appointed military commander.
Published 29 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 Thursday (November 28, 2013).

Published 29 Nov, 2013 12:00am
US looks forward to working with Raheel

US looks forward to working with Raheel

As Prime Minister Nawaz Sharif picked General Raheel Sharif to be new Army Chief, the United States, which has close security ties with Pakistan, Wednesday said it looks forward to working with the newly appointed military commander.
Published 29 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 29 Nov, 2013 12:00am
Lieutenant-General Haroon retires

Lieutenant-General Haroon retires

The senior most general of Pakistan army, Lieutenant-General Haroon Aslam retired, after he was superseded by General Raheel Sharif as Chief of Army Staff and General Rashad Mahmood as Chairman Joint Chiefs of Staff Committee. He lodged silent protest by
Published 29 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 29 Nov, 2013 12:00am
Lieutenant-General Haroon retires

Lieutenant-General Haroon retires

The senior most general of Pakistan army, Lieutenant-General Haroon Aslam retired, after he was superseded by General Raheel Sharif as Chief of Army Staff and General Rashad Mahmood as Chairman Joint Chiefs of Staff Committee. He lodged silent protest by
Published 29 Nov, 2013 12:00am
Kayani chairs farewell meeting

Kayani chairs farewell meeting

Chief of Army Staff (COAS) General Ashfaq Parvez Kayani on Thursday chaired a farewell meeting with corps commanders and expressed confidence in the military's ability to deal with any challenge. Kayani, who will retire on Friday (today) after serving as
Published 29 Nov, 2013 12:00am
KASB Securities

KASB Securities

At KASB Securities, our goal is to provide clients with exceptional service, real-time market & economic developments and value-added, return-generating investment insights & recommendations.
Published 29 Nov, 2013 12:00am
Kayani chairs farewell meeting

Kayani chairs farewell meeting

Chief of Army Staff (COAS) General Ashfaq Parvez Kayani on Thursday chaired a farewell meeting with corps commanders and expressed confidence in the military's ability to deal with any challenge. Kayani, who will retire on Friday (today) after serving as
Published 29 Nov, 2013 12:00am
Deutsche Bank

Deutsche Bank

Deutsche Bank has a more than 50 years presence in Pakistan and is considered to be one of the most respected international financial institution in the country, with the unique honour of lead managing the last three consecutive International bond issuanc
Published 29 Nov, 2013 12:00am
Port congestion impedes Nato ACs shipment to US

Port congestion impedes Nato ACs shipment to US

Heaps of imported cargo causing congestions on both the harbours, have created problems for parking of hundreds of Nato's armoured cars as scores of trucks are waiting outside the harbours for their turn to load and unload goods, seaport sources said on T
Published 29 Nov, 2013 12:00am
Arif Habib Limited

Arif Habib Limited

Arif Habib Limited (AHL) is one of the leading listed securities brokerage companies committed to providing the highest level of service to its esteemed clients. The principal activities of the Company are Investments, SharesBrokerage, Online Trading, Int
Published 29 Nov, 2013 12:00am
Port congestion impedes Nato ACs shipment to US

Port congestion impedes Nato ACs shipment to US

Heaps of imported cargo causing congestions on both the harbours, have created problems for parking of hundreds of Nato's armoured cars as scores of trucks are waiting outside the harbours for their turn to load and unload goods, seaport sources said on T
Published 29 Nov, 2013 12:00am
10 years of CFA Association of Pakistan

10 years of CFA Association of Pakistan

NBP congratulates the CFA Association of Pakistan for its 10th year of Excellence Awards in the country. The CFA program charters finance professionals world-wide and has been a source for promoting an ever-growing talent pool of high quality finance prof
Published 29 Nov, 2013 12:00am
UBL's investor-relation strategy - creating shareholder value

UBL's investor-relation strategy - creating shareholder value

The Investor relations function at UBL is responsible for enabling effective two-way communication between the Bank and the investment community. The objective of this function is to disseminate factual information that targets fair valuation and builds t
Published 29 Nov, 2013 12:00am
CFA designation

CFA designation

When someone has achieved the CFA designation-make no mistake he or she is well aware of ethical responsibilities. He upholds the Code of Ethics and Standards of Professional Conduct. She knows why GIPS standards were created and to whom they apply. He ha
Published 29 Nov, 2013 12:00am
CFA charter

CFA charter

The CFA charter is a global gold standard that demonstrates an investment professional's expertise, skill, and ethical focus. It is a designation of distinction to the financial community and is recognised and sought by employers for their employees, resp
Published 29 Nov, 2013 12:00am