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Print - 2014-02-25
Eurozone inflation shows biggest monthly fall in January

Eurozone inflation shows biggest monthly fall in January

Eurozone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank's target. Inflation rate in the 18 co
Published 25 Feb, 2014 12:00am
Eurozone inflation shows biggest monthly fall in January

Eurozone inflation shows biggest monthly fall in January

Eurozone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank's target. Inflation rate in the 18 co
Published 25 Feb, 2014 12:00am
Eurozone inflation shows biggest monthly fall in January

Eurozone inflation shows biggest monthly fall in January

Eurozone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank''s target. Inflation rate in the 18 c
Published 25 Feb, 2014 12:00am
Egypt government resigns, paving way for Sisi to seek presidency

Egypt government resigns, paving way for Sisi to seek presidency

Egypt's government resigned on Monday, paving the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president of a strategic US ally gripped by political strife. After the July overthrow of elected Islamist President Moham
Published 25 Feb, 2014 12:00am
Egypt government resigns, paving way for Sisi to seek presidency

Egypt government resigns, paving way for Sisi to seek presidency

Egypt's government resigned on Monday, paving the way for army chief Field Marshal Abdel Fattah al-Sisi to declare his candidacy for president of a strategic US ally gripped by political strife. After the July overthrow of elected Islamist President Moham
Published 25 Feb, 2014 12:00am
Stocks stage smart recovery

Stocks stage smart recovery

The new week commenced on a positive note Monday as the benchmark 100-index staged a smart recovery gaining 170 points to close at 25,773 points against 25,603 points Friday. During the intraday trading, the main index touched 25,896 highest and 25,603 lo
Published 25 Feb, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Monday (February 24, 2014).

Published 25 Feb, 2014 12:00am
Stocks stage smart recovery

Stocks stage smart recovery

The new week commenced on a positive note Monday as the benchmark 100-index staged a smart recovery gaining 170 points to close at 25,773 points against 25,603 points Friday. During the intraday trading, the main index touched 25,896 highest and 25,603 lo
Published 25 Feb, 2014 12:00am
Stocks stage smart recovery

Stocks stage smart recovery

The new week commenced on a positive note Monday as the benchmark 100-index staged a smart recovery gaining 170 points to close at 25,773 points against 25,603 points Friday. During the intraday trading, the main index touched 25,896 highest and 25,603 lo
Published 25 Feb, 2014 12:00am
BRIndex30 surges by 230.02 points

BRIndex30 surges by 230.02 points

On Monday, BRIndex30 opened at 15,451.93. It touched an intraday high of 15,766.31 and an intraday low of 15,446.92 and closed at 15,681.95, which was 230.02 points or 1.49 percent higher than previous close. Total volume was 192,953,000, which was 68.08
Published 25 Feb, 2014 12:00am
BRIndex30 surges by 230.02 points

BRIndex30 surges by 230.02 points

On Monday, BRIndex30 opened at 15,451.93. It touched an intraday high of 15,766.31 and an intraday low of 15,446.92 and closed at 15,681.95, which was 230.02 points or 1.49 percent higher than previous close. Total volume was 192,953,000, which was 68.08
Published 25 Feb, 2014 12:00am
Imran edges closer to embracing government-army outlook

Imran edges closer to embracing government-army outlook

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan has claimed that over 50 groups operating under the umbrella of banned outfit Tehrik-i-Taliban Pakistan (TTP) are ready for talks. He expressed these views while talking to media persons outside the Parlia
Published 25 Feb, 2014 12:00am
Imran edges closer to embracing government-army outlook

Imran edges closer to embracing government-army outlook

Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan has claimed that over 50 groups operating under the umbrella of banned outfit Tehrik-i-Taliban Pakistan (TTP) are ready for talks. He expressed these views while talking to media persons outside the Parlia
Published 25 Feb, 2014 12:00am
Dialogue option still there: Sartaj

Dialogue option still there: Sartaj

Advisor to Prime Minister on Foreign Affairs and National Security Sartaj Aziz has said that dialogue option to carry forward stalled peace process is still there. Talking to media persons after a seminar on "Economic Policies for Inclusive and Sustainabl
Published 25 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 24, 2014).

Published 25 Feb, 2014 12:00am
Dialogue option still there: Sartaj

Dialogue option still there: Sartaj

Advisor to Prime Minister on Foreign Affairs and National Security Sartaj Aziz has said that dialogue option to carry forward stalled peace process is still there. Talking to media persons after a seminar on "Economic Policies for Inclusive and Sustainabl
Published 25 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 24, 2014).

Published 25 Feb, 2014 12:00am
Gunmen kill senior Taliban commander

Gunmen kill senior Taliban commander

Unknown gunmen killed a senior commander of Pakistani Taliban who had a government bounty on his head on Monday. Asmatullah Shaheen, who was believed to be in his mid-40s and was a former interim chief of Pakistani Taliban, had a 10-million-rupee ($95,000
Published 25 Feb, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 24, 2014).

Published 25 Feb, 2014 12:00am
Gunmen kill senior Taliban commander

Gunmen kill senior Taliban commander

Unknown gunmen killed a senior commander of Pakistani Taliban who had a government bounty on his head on Monday. Asmatullah Shaheen, who was believed to be in his mid-40s and was a former interim chief of Pakistani Taliban, had a 10-million-rupee ($95,000
Published 25 Feb, 2014 12:00am
Taliban refuse Nisar's cricket match offer

Taliban refuse Nisar's cricket match offer

The Pakistani Taliban on Monday rejected an offer to swap their guns for cricket bats and play a match for peace, saying the sport was responsible for turning youth away from jihad. The militant group were responding to a call made earlier in the day by I
Published 25 Feb, 2014 12:00am
Taliban refuse Nisar's cricket match offer

Taliban refuse Nisar's cricket match offer

The Pakistani Taliban on Monday rejected an offer to swap their guns for cricket bats and play a match for peace, saying the sport was responsible for turning youth away from jihad. The militant group were responding to a call made earlier in the day by I
Published 25 Feb, 2014 12:00am
Bomb kills two outside Iranian consulate

Bomb kills two outside Iranian consulate

A suspected suicide bomb attack outside the Iranian consulate here on Monday killed two paramilitary soldiers and wounded 10 others, officials said. The bombing took place in the upmarket University Town area of the north-western city, where many non-gove
Published 25 Feb, 2014 12:00am
Bomb kills two outside Iranian consulate

Bomb kills two outside Iranian consulate

A suspected suicide bomb attack outside the Iranian consulate here on Monday killed two paramilitary soldiers and wounded 10 others, officials said. The bombing took place in the upmarket University Town area of the north-western city, where many non-gove
Published 25 Feb, 2014 12:00am
Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

The 9th Session of Pakistan-Afghanistan Joint Economic Commission (JEC) hosted by the Afghan Ministry of Finance in Kabul from 22-24 February decided to keenly look forward to the implementation of CASA 1000 and TAPI projects, work together to further exp
Published 25 Feb, 2014 12:00am
Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

The 9th Session of Pakistan-Afghanistan Joint Economic Commission (JEC) hosted by the Afghan Ministry of Finance in Kabul from 22-24 February decided to keenly look forward to the implementation of CASA 1000 and TAPI projects, work together to further exp
Published 25 Feb, 2014 12:00am
Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

Pakistan, Afghanistan agree to implement CASA-1000, TAPI projects

The 9th Session of Pakistan-Afghanistan Joint Economic Commission (JEC) hosted by the Afghan Ministry of Finance in Kabul from 22-24 February decided to keenly look forward to the implementation of CASA 1000 and TAPI projects, work together to further exp
Published 25 Feb, 2014 12:00am
TCP board reconstituted

TCP board reconstituted

Under the restructuring plan of the public sector entities, the federal government has reconstituted the Board of Directors (BoD) of the Trading Corporation of Pakistan (TCP) to enhance the corporate governance, it is learnt. Sources told Business Reco
Published 25 Feb, 2014 12:00am
TCP board reconstituted

TCP board reconstituted

Under the restructuring plan of the public sector entities, the federal government has reconstituted the Board of Directors (BoD) of the Trading Corporation of Pakistan (TCP) to enhance the corporate governance, it is learnt. Sources told Business Reco
Published 25 Feb, 2014 12:00am
TCP board reconstituted

TCP board reconstituted

Under the restructuring plan of the public sector entities, the federal government has reconstituted the Board of Directors (BoD) of the Trading Corporation of Pakistan (TCP) to enhance the corporate governance, it is learnt. Sources told Business Reco
Published 25 Feb, 2014 12:00am
Privilege cards: FBR unveils lists of 400 top taxpayers

Privilege cards: FBR unveils lists of 400 top taxpayers

The Federal Board of Revenue has issued separate provisional lists of 400 top taxpayers in each category of companies, Association of Persons, salaried individuals and non-salaried individuals, to whom Taxpayer Privilege and Honour Cards would be issued.
Published 25 Feb, 2014 12:00am
Privilege cards: FBR unveils lists of 400 top taxpayers

Privilege cards: FBR unveils lists of 400 top taxpayers

The Federal Board of Revenue has issued separate provisional lists of 400 top taxpayers in each category of companies, Association of Persons, salaried individuals and non-salaried individuals, to whom Taxpayer Privilege and Honour Cards would be issued.
Published 25 Feb, 2014 12:00am
Privilege cards: FBR unveils lists of 400 top taxpayers

Privilege cards: FBR unveils lists of 400 top taxpayers

The Federal Board of Revenue has issued separate provisional lists of 400 top taxpayers in each category of companies, Association of Persons, salaried individuals and non-salaried individuals, to whom Taxpayer Privilege and Honour Cards would be issued.
Published 25 Feb, 2014 12:00am
OGDCL top taxpayer

OGDCL top taxpayer

Oil and Gas Development Company Limited (OGDCL) is the top corporate taxpayer, which paid the highest amount of tax of Rs 36,963,745,646 in Tax Year 2013 followed by Pakistan Petroleum Limited with Rs 15,404,269,282 and Habib Bank Limited with Rs 11,786,7
Published 25 Feb, 2014 12:00am
OGDCL top taxpayer

OGDCL top taxpayer

Oil and Gas Development Company Limited (OGDCL) is the top corporate taxpayer, which paid the highest amount of tax of Rs 36,963,745,646 in Tax Year 2013 followed by Pakistan Petroleum Limited with Rs 15,404,269,282 and Habib Bank Limited with Rs 11,786,7
Published 25 Feb, 2014 12:00am
OGDCL top taxpayer

OGDCL top taxpayer

Oil and Gas Development Company Limited (OGDCL) is the top corporate taxpayer, which paid the highest amount of tax of Rs 36,963,745,646 in Tax Year 2013 followed by Pakistan Petroleum Limited with Rs 15,404,269,282 and Habib Bank Limited with Rs 11,786,7
Published 25 Feb, 2014 12:00am
OGDCL top taxpayer

OGDCL top taxpayer

Oil and Gas Development Company Limited (OGDCL) is the top corporate taxpayer, which paid the highest amount of tax of Rs 36,963,745,646 in Tax Year 2013 followed by Pakistan Petroleum Limited with Rs 15,404,269,282 and Habib Bank Limited with Rs 11,786,7
Published 25 Feb, 2014 12:00am
Sales tax registration: FBR retains discretionary powers under 'RegSys'

Sales tax registration: FBR retains discretionary powers under 'RegSys'

The Federal Board of Revenue has retained its discretionary powers under the new risk-based sales tax registration system called 'RegSys' - empowering the FBR Secretary (IR Automation) to perform the desired functions. An expert on sales tax registration
Published 25 Feb, 2014 12:00am
Sales tax registration: FBR retains discretionary powers under 'RegSys'

Sales tax registration: FBR retains discretionary powers under 'RegSys'

The Federal Board of Revenue has retained its discretionary powers under the new risk-based sales tax registration system called 'RegSys' - empowering the FBR Secretary (IR Automation) to perform the desired functions. An expert on sales tax registration
Published 25 Feb, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 25 Feb, 2014 12:00am
Equities register gains on LSE

Equities register gains on LSE

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains amid ascending transaction volume. The LSE-25 index was jumped to 5022.99 against 4908.63 of last Friday, denoting a gain of 114.36 points while trading
Published 25 Feb, 2014 12:00am
Equities register gains on LSE

Equities register gains on LSE

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains amid ascending transaction volume. The LSE-25 index was jumped to 5022.99 against 4908.63 of last Friday, denoting a gain of 114.36 points while trading
Published 25 Feb, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 25 Feb, 2014 12:00am
Global dividends pass $1 trillion mark in 2013: study

Global dividends pass $1 trillion mark in 2013: study

Shareholders received more than $1 trillion in global dividends for the first time in 2013, buoyed by growth in payouts from emerging market firms, a study showed. Dividend payments grew 43 percent since 2009, the research by Henderson Global Investors fo
Published 25 Feb, 2014 12:00am
Global dividends pass $1 trillion mark in 2013: study

Global dividends pass $1 trillion mark in 2013: study

Shareholders received more than $1 trillion in global dividends for the first time in 2013, buoyed by growth in payouts from emerging market firms, a study showed. Dividend payments grew 43 percent since 2009, the research by Henderson Global Investors fo
Published 25 Feb, 2014 12:00am
Global dividends pass $1 trillion mark in 2013: study

Global dividends pass $1 trillion mark in 2013: study

Shareholders received more than $1 trillion in global dividends for the first time in 2013, buoyed by growth in payouts from emerging market firms, a study showed. Dividend payments grew 43 percent since 2009, the research by Henderson Global Investors fo
Published 25 Feb, 2014 12:00am
Verification of fire arms looks impossible

Verification of fire arms looks impossible

The Ministry of Interior has yet to verify as many as 119,409 non-prohibited bore (NPB) arms licences and 67761 prohibited bore (PB) licences issued by the Ministry during the previous government of Pakistan People's Party (PPP).
Published 25 Feb, 2014 12:00am
Verification of fire arms looks impossible

Verification of fire arms looks impossible

The Ministry of Interior has yet to verify as many as 119,409 non-prohibited bore (NPB) arms licences and 67761 prohibited bore (PB) licences issued by the Ministry during the previous government of Pakistan People's Party (PPP).
Published 25 Feb, 2014 12:00am
Turkey Prime Minister among thousands targeted in phone-tapping

Turkey Prime Minister among thousands targeted in phone-tapping

Turkish police have eavesdropped on thousands of people including Prime Minister Recep Tayyip Erdogan, as well as cabinet ministers, the country's spy chief and journalists, local newspapers reported on Monday. Associates of US-based Muslim cleric Fethull
Published 25 Feb, 2014 12:00am
Turkey Prime Minister among thousands targeted in phone-tapping

Turkey Prime Minister among thousands targeted in phone-tapping

Turkish police have eavesdropped on thousands of people including Prime Minister Recep Tayyip Erdogan, as well as cabinet ministers, the country's spy chief and journalists, local newspapers reported on Monday. Associates of US-based Muslim cleric Fethull
Published 25 Feb, 2014 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee has failed to sustain its firmness against the dollar on the interbank market on Monday due to rise in demand, dealers said. The rupee was down by 10-paisa in relation to the dollar for buying at Rs 105.00 and it also lost 11-paisa for selling a
Published 25 Feb, 2014 12:00am
Iraq signs deal to buy arms, ammunition from Iran

Iraq signs deal to buy arms, ammunition from Iran

Iran has signed a deal to sell Iraq arms and ammunition worth $195 million, according to documents seen by Reuters - a move that would break a UN embargo on weapons sales by Tehran. The agreement was reached at the end of November, the documents showed, j
Published 25 Feb, 2014 12:00am
THE RUPEE: dollar gains

THE RUPEE: dollar gains

The rupee has failed to sustain its firmness against the dollar on the interbank market on Monday due to rise in demand, dealers said. The rupee was down by 10-paisa in relation to the dollar for buying at Rs 105.00 and it also lost 11-paisa for selling a
Published 25 Feb, 2014 12:00am
Iraq signs deal to buy arms, ammunition from Iran

Iraq signs deal to buy arms, ammunition from Iran

Iran has signed a deal to sell Iraq arms and ammunition worth $195 million, according to documents seen by Reuters - a move that would break a UN embargo on weapons sales by Tehran. The agreement was reached at the end of November, the documents showed, j
Published 25 Feb, 2014 12:00am
Iraq signs deal to buy arms, ammunition from Iran

Iraq signs deal to buy arms, ammunition from Iran

Iran has signed a deal to sell Iraq arms and ammunition worth $195 million, according to documents seen by Reuters - a move that would break a UN embargo on weapons sales by Tehran. The agreement was reached at the end of November, the documents showed, j
Published 25 Feb, 2014 12:00am