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Print - 2014-03-18
MoC seeks monthly activity report from TCP

MoC seeks monthly activity report from TCP

The Ministry of Commerce has asked the Trading Corporation Pakistan (TCP) to submit a detailed activity report on a monthly basis. Sources told Business Recorder on Monday that the ministry has decided to closely monitor the performance of differen
Published 18 Mar, 2014 12:00am
Doctor among two shot dead in Karachi

Doctor among two shot dead in Karachi

At least 2 persons including a doctor were killed in two different incidents of violence here on Monday in the Metropolis. According to police and rescue sources Dr Shoukat, 40, was shot dead by unknown motorcyclists near Ayeshia Manzil in the jurisdictio
Published 18 Mar, 2014 12:00am
Insecticides import up by 43 percent in July-January

Insecticides import up by 43 percent in July-January

Pakistan's import of insecticides grew by 43 percent to $58.382 million in July-January 2013-14, official figures showed. The country's import of insecticides went up by $17.562 million in July-January 2013-14 from $40.820 million in the same period last
Published 18 Mar, 2014 12:00am
Negotiator says Taliban seek release of 300 women, children

Negotiator says Taliban seek release of 300 women, children

Professor Muhammad Ibrahim, a member of Taliban intermediary committee, has said that they have forwarded a list of 300 women and children believed to be in the custody of the security agencies, to the government to ensure their release. Talking to Bus
Published 18 Mar, 2014 12:00am
Drought-hit Tharis: Nawaz announces cash compensation

Drought-hit Tharis: Nawaz announces cash compensation

Prime Minister Nawaz Sharif on Monday announced cash compensation for the people of drought-hit areas of Thar. The Prime Minister has announced this package for around 78,000 victims to make them capable of buying commodities by its own. The Prime Ministe
Published 18 Mar, 2014 12:00am
Bahraini king due today: FO

Bahraini king due today: FO

King of Bahrain Shaikh Hamad Bin Isa Al Khalifa is scheduled to visit Pakistan from March 18 to 20, 2014 on the invitation of Prime Minister Nawaz Sharif. According to Foreign Office spokesperson Tasnim Aslam, the king would be leading a high-level delega
Published 18 Mar, 2014 12:00am
Rape victim: Investigators asked to submit report in 10 days

Rape victim: Investigators asked to submit report in 10 days

The Supreme Court on Monday directed an investigating team, constituted to probe the death of 18-year-old rape victim Amina to submit a comprehensive report on the incident within ten days. Amina doused her clothes with petrol and set herself on fire outs
Published 18 Mar, 2014 12:00am
Trade with India: Minister fails to ease concerns of industrialists

Trade with India: Minister fails to ease concerns of industrialists

Government is likely to grant NDMA or MFN status to India on March 21, 2014 in a federal cabinet meeting to be presided over by Prime Minister Nawaz Sharif, well informed sources in Commerce Ministry told Business Recorder. Commerce Ministry's top
Published 18 Mar, 2014 12:00am
Violating anti-smoking ordinance: some cigarette makers issued notices

Violating anti-smoking ordinance: some cigarette makers issued notices

Some cigarette manufacturers including a leading company have received notices from the Ministry of National Health, Services, Regulations and Co-ordination (MNHSRC) specifically with regards to violation of "The Prohibition of Smoking and Protection of N
Published 18 Mar, 2014 12:00am
FBR briefing to Prime Minister rescheduled for March 31

FBR briefing to Prime Minister rescheduled for March 31

The Federal Board of Revenue (FBR) briefing to the Prime Minister Nawaz Sharif has been rescheduled again for March 31. Sources told Business Recorder here on Monday that FBR would brief the PM about the dynamic tax policy measures taken to overcom
Published 18 Mar, 2014 12:00am
Paris lifts partial car ban after drop in pollution

Paris lifts partial car ban after drop in pollution

Paris on Monday banned all cars with even number plates for the first time in nearly 20 years to fight sky-high pollution but opted not to extend the measure after an improvement in air quality. About 700 police officers were deployed to man 60 checkpoint
Published 18 Mar, 2014 12:00am
Erdogan is worse than army: arch-rival

Erdogan is worse than army: arch-rival

An influential Muslim cleric locked in a bitter feud with the Turkish government has said the pressure piled on his movement now is "10 times worse" than in the era of military coups, in a rare interview published Monday. US-exiled Fethullah Gulen stands
Published 18 Mar, 2014 12:00am
Two Azerbaijan opposition leaders get jail

Two Azerbaijan opposition leaders get jail

A court in Azerbaijan on Monday sentenced two leading opponents of strongman President Ilham Aliyev to seven and five years in jail in a decision US officials slammed as "politically motivated". Opposition Republican Alternative (REAL) movement leader Ilg
Published 18 Mar, 2014 12:00am
Magnitude 4.4 quake jolts Los Angeles awake

Magnitude 4.4 quake jolts Los Angeles awake

Los Angeles was jolted awake Monday by a relatively powerful magnitude 4.4 earthquake, but there were no reports of damage or casualties. Burglar alarms went off and a few objects fell off shelves after the temblor, which struck just before dawn some 20 m
Published 18 Mar, 2014 12:00am
Car bomb kills six in Homs

Car bomb kills six in Homs

Six people were killed and 20 wounded Monday by a car bomb in a Homs district that is home to members of Syrian President Bashar al-Assad's Alawite sect, a monitoring group said. "At least six people were killed, including women and children, and 20 other
Published 18 Mar, 2014 12:00am
Syrian army in hot pursuit of rebels on Lebanon border

Syrian army in hot pursuit of rebels on Lebanon border

Syrian regime forces were on Monday readying an assault on the last rebel-held areas in the Qalamoun mountains, strategically located on the Lebanese border, after overrunning key opposition bastion Yabrud. The capture of Yabrud on Sunday by Syrian troops
Published 18 Mar, 2014 12:00am
Winter takes a parting shot at US north-east

Winter takes a parting shot at US north-east

The unusually grim winter in the US northeast showed no sign of relenting Monday, after Washington DC and nearby states were blanketed by some of the heaviest snows of the season. Just three days before the arrival of spring, the US capital was hit by abo
Published 18 Mar, 2014 12:00am
North Korea crimes on par with Nazis, Khmer Rouge: UN probe

North Korea crimes on par with Nazis, Khmer Rouge: UN probe

North Korea's regime has committed crimes as chilling as those of the Nazis, South Africa's apartheid regime or Cambodia's Khmer Rouge and must be stopped, the head of a UN inquiry said on Monday. "Contending with the great scourges of Nazism, apartheid,
Published 18 Mar, 2014 12:00am
China rejects North Korean crimes report, hits chance of prosecution

China rejects North Korean crimes report, hits chance of prosecution

China dismissed on Monday a UN report alleging North Korea has committed crimes against humanity, effectively confirming the fears of human rights advocates that Beijing will shield its ally from international prosecution. The report, published in Februar
Published 18 Mar, 2014 12:00am
Jagger's girlfriend found dead

Jagger's girlfriend found dead

Fashion designer L'Wren Scott, the girlfriend of Rolling Stones frontman Mick Jagger, has been found dead at her apartment in New York, the rocker's spokesman said Monday. The spokesman said Jagger was "completely shocked and devastated" by the death of t
Published 18 Mar, 2014 12:00am
Israel's Peres apologises over shooting of Jordan judge

Israel's Peres apologises over shooting of Jordan judge

Jordan said on Monday that Israeli President Shimon Peres had apologised to King Abdullah II for the killing of a Jordanian judge by Israeli troops last week. Peres for his part issued a statement saying he had called Abdullah to express "deep regret" for
Published 18 Mar, 2014 12:00am
Thousands take to West Bank streets to support Abbas

Thousands take to West Bank streets to support Abbas

Thousands of Palestinians took to the streets of West Bank cities Monday in support of president Mahmud Abbas's visit to Washington for talks with Barack Obama about the peace process with Israel. Demonstrators waved the Palestinian national flag as well
Published 18 Mar, 2014 12:00am
Obama tells Abbas risks for peace are needed

Obama tells Abbas risks for peace are needed

US President Barack Obama on Monday told Palestinian leader Mahmud Abbas that both he and Israeli leaders must make tough political decisions and take "risks" for peace. Meeting Obama at the White House, Abbas said a scheduled Israeli release of a fourth
Published 18 Mar, 2014 12:00am
US scientists find echoes of Big Bang

US scientists find echoes of Big Bang

In a major discovery for understanding the origins of the universe, US scientists said Monday they have detected echoes of the Big Bang 14 billion years ago. The "first direct evidence of cosmic inflation," or the rapid growth spurt that came in the first
Published 18 Mar, 2014 12:00am
Proper packaging may boost dates exports manifold: TDAP

Proper packaging may boost dates exports manifold: TDAP

Pakistan remains unable to get maximum advantage from its dates' exports to India, lacking in proper marketing mechanism. 'Presently export has increased by only 24 percent. Pakistan is one of the main growers of dates but due to absence of marketing mech
Published 18 Mar, 2014 12:00am
Faysal Bank Limited

Faysal Bank Limited

Faysal Bank Limited (FABL) was incorporated in Pakistan in 1994, as a public limited company. Faysal Bank is engaged in corporate, commercial and retail banking besides Islamic Banking activities under the brand name of Barkat Islamic Banking. FABL's foot
Published 18 Mar, 2014 12:00am
Faysal Bank Limited

Faysal Bank Limited

Faysal Bank Limited (FABL) was incorporated in Pakistan in 1994, as a public limited company. Faysal Bank is engaged in corporate, commercial and retail banking besides Islamic Banking activities under the brand name of Barkat Islamic Banking. FABL's foot
Published 18 Mar, 2014 12:00am
Titan eyes jewellery exports as gold curbs hit sales at home

Titan eyes jewellery exports as gold curbs hit sales at home

India's biggest jewellery retailer Titan Co Ltd hopes to start exports in the next fiscal year to perk up sales that have been dampened by the country's strict curbs on gold imports, a senior company official said on Wednesday. Struggling with a balloonin
Published 18 Mar, 2014 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most-traded June copper contract on the Shanghai Futures Exchange climbed 0.7 percent to 44,670 yuan ($7,300) a tonne on Monday. There were some signs of brighter domestic demand, with local prices for physical metal trading at a premium to front-mont
Published 18 Mar, 2014 12:00am
Copper steadies

Copper steadies

Copper was steady on Monday with buyers attracted by low prices after a sharp drop last week, but persistent concerns about top consumer China's growth outlook kept the metal within sight of the near four-year low it hit last week. Copper fell sharply las
Published 18 Mar, 2014 12:00am
Brent oil falls below $107 as Ukraine concern eases

Brent oil falls below $107 as Ukraine concern eases

Brent oil futures fell by nearly $2 per barrel on Monday as ample global supplies outweighed concerns over continued tensions between Russia and the West over the fate of Crimea. While the United States and Europe imposed sanctions on Russian officials, C
Published 18 Mar, 2014 12:00am
Tokyo rubber down 2.5 percent

Tokyo rubber down 2.5 percent

Benchmark Tokyo rubber futures gave up early gains and ended lower on Monday, while the Shanghai market fell more than 4 percent on concerns over high inventory and economic growth in main consumer China. The Tokyo Commodity Exchange rubber contract for A
Published 18 Mar, 2014 12:00am
Palm oil falls to near three-week low

Palm oil falls to near three-week low

Malaysian palm oil futures fell to a near three-week low on Monday, stretching their losing streak into a fifth session as a weaker-than-expected export data fuelled worries that the recent price rally would shift demand to cheaper competing edible oils.
Published 18 Mar, 2014 12:00am
Coffee falls further, cocoa jumps

Coffee falls further, cocoa jumps

Arabica coffee futures on ICE dropped for the second straight day on Monday, its biggest two-day tumble in 2-1/2 years, as a forecast for widespread rain in top grower Brazil's coffee belt took out some of the market's weather premium. Cocoa on ICE Future
Published 18 Mar, 2014 12:00am
Gold up in Asia

Gold up in Asia

Gold was trading near its highest level in over six months on Monday on weaker equities and as Crimea voted to join Russia, heightening tensions between Moscow and the West. Bullion has gained 15 percent this year as mounting geopolitical tensions and fea
Published 18 Mar, 2014 12:00am
Gold down in Europe

Gold down in Europe

Gold prices briefly hit their highest in six months on Monday as appetite for risk remained cautious following Crimea's vote to break from Ukraine and Western countries' sanctions on Moscow and Kiev officials. European Union foreign ministers have agreed
Published 18 Mar, 2014 12:00am
US MIDDAY: wheat lower

US MIDDAY: wheat lower

Wheat futures on the Chicago Board of Trade fell early on Monday on profit-taking and technical selling, one day after Crimea's vote to join Russia passed without major violence, traders said. CBOT wheat had risen 2 percent on Friday on fears that the wee
Published 18 Mar, 2014 12:00am
US MIDDAY: gold drops

US MIDDAY: gold drops

Gold prices fell early on Monday as a sharp rally in US equities triggered profit-taking after bullion briefly rose to a six-month high earlier in the day. Wall Street, measured by the S&P 500 index, rose about 1 percent as East-West tensions over Crimea
Published 18 Mar, 2014 12:00am
Delhi Dialogue expects Modi's victory

Delhi Dialogue expects Modi's victory

As South Asia and the wider region grapples with the menace of transnational conflict, a renewed vigour is required towards resuming the stalled bilateral dialogue between Pakistan and India participants agreed at the recently concluded Delhi Dialogue on
Published 18 Mar, 2014 12:00am
Delhi Dialogue expects Modi's victory

Delhi Dialogue expects Modi's victory

As South Asia and the wider region grapples with the menace of transnational conflict, a renewed vigour is required towards resuming the stalled bilateral dialogue between Pakistan and India participants agreed at the recently concluded Delhi Dialogue on
Published 18 Mar, 2014 12:00am
SBP blocks sale of Meezan Bank stake: Kuwait''s Noor

SBP blocks sale of Meezan Bank stake: Kuwait''s Noor

Kuwait''s Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by State Bank, which felt the prospective buyer had not met its standards for suitability. Ownership of Meezan Bank, Pakistan''s first
Published 18 Mar, 2014 12:00am
SBP blocks sale of Meezan Bank stake: Kuwait's Noor

SBP blocks sale of Meezan Bank stake: Kuwait's Noor

Kuwait's Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by State Bank, which felt the prospective buyer had not met its standards for suitability. Ownership of Meezan Bank, Pakistan's first a
Published 18 Mar, 2014 12:00am
The Weather

The Weather

The weather report on Monday (March 17, 2014) and the forecast for Tuesday (March 18, 2014).

Published 18 Mar, 2014 12:00am
SBP blocks sale of Meezan Bank stake: Kuwait's Noor

SBP blocks sale of Meezan Bank stake: Kuwait's Noor

Kuwait's Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been blocked by State Bank, which felt the prospective buyer had not met its standards for suitability. Ownership of Meezan Bank, Pakistan's first a
Published 18 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Reserved judgement announced: EOBI appointments declared illegal

Reserved judgement announced: EOBI appointments declared illegal

The Supreme Court on Monday declared 238 appointments made in Employees Old Age Benefits Institution (EOBI) during the then EOBI Chairman Zafar Gondal''s tenure illegal and ordered that all these vacancies should be refilled in a transparent manner.
Published 18 Mar, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Reserved judgement announced: EOBI appointments declared illegal

Reserved judgement announced: EOBI appointments declared illegal

The Supreme Court on Monday declared 238 appointments made in Employees Old Age Benefits Institution (EOBI) during the then EOBI Chairman Zafar Gondal's tenure illegal and ordered that all these vacancies should be refilled in a transparent manner.
Published 18 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 18 Mar, 2014 12:00am
Reserved judgement announced: EOBI appointments declared illegal

Reserved judgement announced: EOBI appointments declared illegal

The Supreme Court on Monday declared 238 appointments made in Employees Old Age Benefits Institution (EOBI) during the then EOBI Chairman Zafar Gondal's tenure illegal and ordered that all these vacancies should be refilled in a transparent manner.
Published 18 Mar, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 18 Mar, 2014 12:00am
Bugti case: ATC issues arrest warrants for Musharraf's guarantors

Bugti case: ATC issues arrest warrants for Musharraf's guarantors

An anti-terrorism court (ATC) in Quetta on Monday issued arrest warrants for Mumtaz Ahmad and Nazeer Ahmad, the guarantors of former military ruler General Pervez Musharraf, in the Akbar Bugti case. ATC Judge Tariq Anwar Kasi was hearing the Nawab Akbar B
Published 18 Mar, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Bugti case: ATC issues arrest warrants for Musharraf's guarantors

Bugti case: ATC issues arrest warrants for Musharraf's guarantors

An anti-terrorism court (ATC) in Quetta on Monday issued arrest warrants for Mumtaz Ahmad and Nazeer Ahmad, the guarantors of former military ruler General Pervez Musharraf, in the Akbar Bugti case. ATC Judge Tariq Anwar Kasi was hearing the Nawab Akbar B
Published 18 Mar, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (March 17, 2014) and for Tuesday (March 18, 2014).
Published 18 Mar, 2014 12:00am
Indian arms imports almost triple China, Pakistan: study

Indian arms imports almost triple China, Pakistan: study

India remains the biggest buyer of arms in the world, importing nearly three times as many weapons as its nearest competitors China and Pakistan over the last five years, a Swedish think tank said on Monday. The total volume of arms sales was up 14 percen
Published 18 Mar, 2014 12:00am
Indian arms imports almost triple China, Pakistan: study

Indian arms imports almost triple China, Pakistan: study

India remains the biggest buyer of arms in the world, importing nearly three times as many weapons as its nearest competitors China and Pakistan over the last five years, a Swedish think tank said on Monday. The total volume of arms sales was up 14 percen
Published 18 Mar, 2014 12:00am
New judges: appointments approved by parliamentary body

New judges: appointments approved by parliamentary body

The Parliamentary Committee on Judges' Appointment in the Superior Courts accorded its formal approval on Monday to appointment of eight new judges, and extension in the service of six Lahore High Court judges. In an in-camera meeting held at the Parliame
Published 18 Mar, 2014 12:00am
New judges: appointments approved by parliamentary body

New judges: appointments approved by parliamentary body

The Parliamentary Committee on Judges' Appointment in the Superior Courts accorded its formal approval on Monday to appointment of eight new judges, and extension in the service of six Lahore High Court judges. In an in-camera meeting held at the Parliame
Published 18 Mar, 2014 12:00am
KUJ Women's Committee meets

KUJ Women's Committee meets

The Karachi Union of Journalists (KUJ) has formed a Women's Committee from among its women members of different organisations. This was announced at its first meeting held at the KUJ office on Monday. The meeting was presided over by the KUJ President GM
Published 18 Mar, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Security forces' 'secret' centres a reality: TTP

Security forces' 'secret' centres a reality: TTP

Banned organisation Tehreek-e-Taliban Pakistan (TTP) spokesman Shahidullah Shahid has claimed that security forces' 'secret' centres established in various parts of the country including Balochistan, KPK, FATA are a reality and no one can deny that the fa
Published 18 Mar, 2014 12:00am
Security forces' 'secret' centres a reality: TTP

Security forces' 'secret' centres a reality: TTP

Banned organisation Tehreek-e-Taliban Pakistan (TTP) spokesman Shahidullah Shahid has claimed that security forces' 'secret' centres established in various parts of the country including Balochistan, KPK, FATA are a reality and no one can deny that the fa
Published 18 Mar, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 7th March, 2014.

Published 18 Mar, 2014 12:00am
Sharp boost in reserves is credit positive: Moody''s

Sharp boost in reserves is credit positive: Moody''s

The Pakistan (Caa1 negative) central bank last Friday announced that the country''s total liquid foreign exchange reserves had risen to $9.4 billion as of 7 March, from $7.6 billion a month earlier. Given the decrease in reserves last year, this sharp tur
Published 18 Mar, 2014 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 7th March, 2014.

Published 18 Mar, 2014 12:00am
Sharp boost in reserves is credit positive: Moody's

Sharp boost in reserves is credit positive: Moody's

The Pakistan (Caa1 negative) central bank last Friday announced that the country's total liquid foreign exchange reserves had risen to $9.4 billion as of 7 March, from $7.6 billion a month earlier. Given the decrease in reserves last year, this sharp turn
Published 18 Mar, 2014 12:00am
Sharp boost in reserves is credit positive: Moody's

Sharp boost in reserves is credit positive: Moody's

The Pakistan (Caa1 negative) central bank last Friday announced that the country's total liquid foreign exchange reserves had risen to $9.4 billion as of 7 March, from $7.6 billion a month earlier. Given the decrease in reserves last year, this sharp turn
Published 18 Mar, 2014 12:00am
PPP submits adjournment motion

PPP submits adjournment motion

Pakistan People's Party (PPP) Monday submitted in the National Assembly an adjournment motion to discuss $1.5 billion credited to Pakistan Development Fund by a friendly Muslim country. The motion is meant for the coming session of the National Assembly,
Published 18 Mar, 2014 12:00am
PPP submits adjournment motion

PPP submits adjournment motion

Pakistan People's Party (PPP) Monday submitted in the National Assembly an adjournment motion to discuss $1.5 billion credited to Pakistan Development Fund by a friendly Muslim country. The motion is meant for the coming session of the National Assembly,
Published 18 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (March 17, 2014).

Published 18 Mar, 2014 12:00am
India, Taliban say know nothing about missing plane

India, Taliban say know nothing about missing plane

Aviation officials in India and Central Asia as well as Taliban militants said they knew nothing about the whereabouts of a missing Malaysian jetliner on Monday after the search for Flight MH370 extended into their territory. Malaysia Airlines Flight MH37
Published 18 Mar, 2014 12:00am
THE RUPEE: divergent trend

THE RUPEE: divergent trend

The rupee shed its gains on the inter-bank market against the dollar but on the other hand it managed to gain modestly on the open market on the money market on Monday, dealers said. Currency viewers said the rupee was moving cautiously against the dollar
Published 18 Mar, 2014 12:00am
India, Taliban say know nothing about missing plane

India, Taliban say know nothing about missing plane

Aviation officials in India and Central Asia as well as Taliban militants said they knew nothing about the whereabouts of a missing Malaysian jetliner on Monday after the search for Flight MH370 extended into their territory. Malaysia Airlines Flight MH37
Published 18 Mar, 2014 12:00am
THE RUPEE: divergent trend

THE RUPEE: divergent trend

The rupee shed its gains on the inter-bank market against the dollar but on the other hand it managed to gain modestly on the open market on the money market on Monday, dealers said. Currency viewers said the rupee was moving cautiously against the dollar
Published 18 Mar, 2014 12:00am
BRIndex30 up by 6.45 points

BRIndex30 up by 6.45 points

On Monday, BRIndex30 opened at 16,454.84. It touched an intraday high of 16,605.84 and an intraday low of 16,445.53 and closed at 16,461.29, which was 6.45 points or 0.04 percent higher than previous close. Total volume was 133,356,300, which was 63.58 pe
Published 18 Mar, 2014 12:00am