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
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
ICE Canada canola futures fell on Monday, pressured by strength in the Canadian dollar and technical selling ahead of key US government crop reports, traders said. Trade cautious ahead of USDA's US plantings and quarterly stocks reports, scheduled for rel
Chinese steel and iron ore futures hit three-week highs on Monday, reflecting optimism that demand for the two commodities will perk up as the world's top consumer heads into the seasonally brisk consumption period over the next two months. Hopes that Chi
Russian grain prices rose further last week on continued strong demand from consumers and as farmers held off sales in anticipation of further price growth, analysts said on Monday. "Limited sales by farmers and continuing active domestic and export deman
The May vaida was lower on the forward cotton seed oilcake market on Monday in the process of trading, dealers said. The May contract closed at Rs 1306.20, they said. It opened with 20 paisa fall at Rs 1306.00, they said. The July vaida closed at Rs 1350
Dullness prevailed on the cotton market on Monday as most of the participants were on the sidelines in the process of trading, dealers said. The official spot rate was unchanged at Rs 6,600, they said. The prices of seed cotton in Sindh and Punjab per 40
The US Department of Agriculture on Monday said that US farmers plan to plant a record soyabean acreage but trim their corn seedings to the lowest since 2010. The government also said that supplies of corn were slightly smaller than expected while soyabea
The Asian naphtha crack rose to a four-session high of $138.85 a tonne on Monday, recovering from a marginal loss the previous session, due to healthy demand and a deccline in supply, traders said Lower-than-average European naphtha volumes have been comi
Grain prices moved both ways on the wholesale grain market on Monday in process of modest trading, dealers said. On the grams side, grams Australia No 1 lost Rs 100 to Rs 4700, grams Australia dall No 2, however, was up by Rs 100 to Rs 5500, grams 50x50 s
On Monday at Pakistan Mercantile Exchange (PMEX) value traded was reported at PKR 3,512 million. Number of lots traded were recorded at 12,087 and PMEX Commodity Index closed at 3,027. Major business was contributed by crude oil amounting to PKR 2,062 mil
CBOT wheat is expected to end its rebound at or below $7.48 per bushel, and then fall towards $6.24-3/4 over the next three months, as indicated by a Fibonacci retracement analysis. The rebound was triggered by a support at $5.48-1/2, the 76.4 percent Fib
Hard red winter wheat cash bids in the southern US Plains were holding steady on Monday, with merchants reporting scattered, light farmer sales of old- and new-crop wheat ahead of the much-awaited USDA grains report to be released at midday.
Indian sugar futures rose to a new contract high on Monday and may extend gains in the next trading session due to a pick-up in domestic demand. Demand for sugar from ice-cream and beverage makers typically rises during the summer which starts in May in I
The Karachi Port handled 282,900 tonnes of cargo comprising 231,898 tonnes of import cargo and 51,002 tonnes of export cargo including 7,159 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 231
Trials for the year 2014 PCB-Pepsi Cricket Stars Talent Hunt Program for young and upcoming players will be held in 8 districts of Punjab, Balochistan and KPK simultaneously from April 1 to 4. The four days open trials would be held under the supervision
Manchester United manager David Moyes says that his side must exploit the smallest weaknesses in Bayern Munich's game if they are to eliminate the Champions League holders in the quarter-finals. United appeared in three of the four finals between 2008 and
Liverpool manager Brendan Rodgers is adamant his side are still dark horses for the Premier League title, despite going to the top of the table. A 4-0 demolition of Tottenham at Anfield took Liverpool into top spot after Manchester City, Chelsea and Arsen
The Netherlands upset 2010 champions England by 45 runs at the World Twenty20 in Chittagong on Monday, with paceman Mudassar Bukhari and Logan van Beek taking three wickets apiece. Bukhari took 3-12 while van Beek finished with 3-9 to bowl England out for
Sri Lanka beat New Zealand by 59 runs in a low-scoring World Twenty20 Super-10 group one match in Chittagong Monday to cruise into the semi-finals. New Zealand were bowled out for their lowest Twenty20 total of 60 in 15.3 overs in the final match of the g
Cricket fever has gripped the country eversince the start of the World T-20 tournament in Bangladesh. The Federal Capital is no exception. The enthusiasts here have compelled the traders to make special arrangements for the important match between Pakista
Six-time Grand Slam winner Novak Djokovic claimed his fourth Miami Masters crown with a dominating straight sets win over world number one Rafael Nadal on Sunday. Second seed Djokovic cruised to a 6-3, 6-3 win in the men's final of the combined ATP and WT
The West Indies have an ace up their sleeve in Saqlain Mushtaq as the defending champions take on Pakistan in a make-or-break World Twenty20 encounter in Dhaka on Tuesday. The winner of the night clash at the Sher-e-Bangla stadium will join India in the s
Hashoo Foundation, Pakistan hosted its First Alumni Get Together here at Marriott Hotel to celebrate a decade of successfully assisting deserving youth through Hashoo Foundation Scholarships. The prestigious event recognised the challenges and achievement
Terrorists continue attacking anti-polio teams as one more female worker was gunned down on Monday. The incident took place in the limits of Cantt Police Station of the city where unidentified gunmen opened fire at the female polio worker, leaving her dea
Public Accounts Committee (PAC), Khyber Pakhtunkhwa Assembly has taken strong notice of the failure of People's Primary Health Initiative (PPHI) in presenting audit record of the expenditure of Rs 18,578,490/- and for inquiry into the matter summoned Secr
Khyber Pakhtunkhwa Chief Minister Pervez Khattak has rejoiced that concrete steps against corruption and bringing maximum transparency in the government machinery has started bearing fruits. Besides the people of the province, he said, it has also restore
According to IESCO spokesman, due to electricity maintenance/development work the power supply of the following feeders / grid stations would remain suspended as under: On Tuesday (April 01) from 09:00am to 02:00pm, Misrial Road, Garmala, Nathwala, Sangoh
KP Inspector General of Police (IGP) Nasir Khan Durrani has said that Kohat and Bannu police have added new chapters of bravery by foiling the nefarious designs of terrorists. He said this while addressing the commendation certificates distribution ceremo
US Ambassador in Pakistan, Richard Olson called on the KP Governor, Engineer Shaukatullah at Governor House, Peshawar on Monday. The distinguished guest who was accompanied by Peshawar based US Consul General Gabriel Escobar remained with the Governor for
Experts at a conference on 'Role of Media and Pakistan's National Security Discourse' have agreed that the government must evolve consensus on National Security Policy (NSP) if it wants support from media and public at large.
The Supreme Court on Monday adjourned the proceedings of a missing person's case for an indefinite period. A three-member bench headed by Justice Anwar Zaheer Jamali resumed the hearing of a petition filed by Amina Masood Janjua, the wife of Masood Janjua
In light of concerns raised by the Competition Commission of Pakistan (CCP), the Institute of Chartered Accountants of Pakistan (ICAP) took a prompt action to revise the fee for final Charted Accountancy (CA) examination and reduced it to a significant le
"As a journalist we have seen the country's elected prime ministers shackled after a military coup, exiled and Bhutto was murdered but somehow former military dictators do not seem to have the same heart as civilians."
Provincial Minister for Planning and Development Dr Hamid Khan Achakzai said the government evolved a plan for beautification of the metropolis besides constructing housing schemes for the poor people. In his statement issued here on Monday, he said advis
The NBP Exchange Company Limited has inaugurated its latest branch in Zamzama, DHA on Monday While speaking on the occasion, SEVP/Group Chief NBP and Chairman NBP Exchange Company Limited, Khalid Bin Shaheen said: "NBP Exchange Company Limited has opened
Egypt's bourse posted its biggest percentage loss in seven months on Monday as local investors continued to book profits on positions built in anticipation of former army chief Abdel Fattah al-Sisi's run for president. The main Cairo index tumbled 3.6 per
Japan's Nikkei share average hit a three-week closing high on Monday, with exporters leading the way on a weaker yen, but The index posted its worst quarterly performance in nearly two years. Traders also suspect the market also got a lift from window dre
Japan's corporate pension funds are expected to sell down a few trillion yen of shares in the coming years as the government pushes for reform of their struggling operations, and some appear to have already begun selling this month, market participants sa
US stocks rose on Monday, putting the S&P 500 on track for a second straight advance, led by technology and financial shares following comments from Federal Reserve Chair Janet Yellen. Each of the 10 major S&P indexes was in positive territory, led by tec
Seoul shares inched up to their highest closing level in three months on Monday, extending its winning streak to a fourth session as persistent foreign capital inflows offset profit taking by some investors. The Korea Composite Stock Price Index (KOSPI) e
Emerging market borrowers raised just over $100 billion worth of debt in the first quarter of 2014, slightly below year-ago levels as geopolitical noise and uncertainty over US Federal Reserve plans dampened investor appetite. Emerging sovereign and corpo
Emerging market borrowers raised just over $100 billion worth of debt in the first quarter of 2014, slightly below year-ago levels as geopolitical noise and uncertainty over US Federal Reserve plans dampened investor appetite. Emerging sovereign and corpo
Hong Kong shares finished up 0.4 percent on Monday as casino operators gained ahead of the release of monthly Macau gambling revenue data, while China Construction Bank climbed on forecast-beating results. The Hang Seng Index closed at 22,151.06 points. T
Indian shares edged up on Monday, hitting a sixth consecutive record high and posting their best monthly gain since October, as strong foreign buying sparked a rally in bluechips, especially those dependant on the domestic economy. The NSE index's 6.81 pe
Milan-listed shares outperformed skittish European bourses on Monday, helping a euro zone index touch a 5-1/2 year peak as the market welcomed signs that smaller Italian lenders are boosting their capital and winning over international investors. Broader
Milan-listed shares outperformed skittish European bourses on Monday, helping a euro zone index touch a 5-1/2 year peak as the market welcomed signs that smaller Italian lenders are boosting their capital and winning over international investors. Broader
Australian shares rose 0.5 percent on Monday supported by data showing a rise in credit, and market expectations of stimulus steps in China, the country's largest export market. The S&P/ASX 200 index added 27.9 points to 5,394.8 at the close of trade. The
South African stocks ended a see-saw session marginally lower on Monday, pulling back from three-week highs in the day as cautious investors digested comments from US Federal Reserve chair Janet Yellen. The US central bank's "extraordinary" commitment to
Thai stocks closed at their highest in almost two weeks on Monday, marking gains for a second straight month, as month-end buying lifted large-caps and banking shares while the Singapore index climbed to near four-month highs led by property stocks. Bangk
Babcock was the star performer among Britain's top shares on Monday as a nuclear contract win helped it outperform a lacklustre showing on the broader bluechip index, which suffered its first quarterly drop since June. The British benchmark ended down 17.
A Federal jury in Houston has convicted seven, including three Pakistani doctors, on defrauding the Health and Human Services Programme of Medicare system around $97 million According to the details, a Federal jury in Houston has found 7 guilty of running
The Sindh High Court (SHC) on Monday sought an explanation from the provincial police chief for flouting its orders regarding promotion of police officials. A single bench comprising Justice Muneeb Akhtar was seized with the hearing of a contempt of court
Unknown armed men gunned down a Customs clearance officer on Monday and escaped the scene. Unknown armed men opened fire at vehicle of Customs Officer Malik Muhammad near Ghatt Gujran Jhang Branch Canal killing him on the spot and fled the scene. The dece
A three-day 21st HVAC&R Exhibition and Conference is being held on April 3-5 at the Expo Centre to showcase latest developments and technological advancements taking place in the field of heating, ventilation, air conditioning and refrigeration.
National Electric Power Regulatory Authority, Nepra's allegedly indifferent attitude towards consumers lead to heated arguments among the stakeholders, forcing the authority to adjourn the public hearing for indefinite period.
Ummah Welfare Trust (UWT), a UK-based charitable organisation distributed a food package worth of Rs 16million among drought-hit people of Tharparkar in Sindh. According to a press release issued by media cell of UWT here on Monday, the food commodities,
The Home Department, Government of Sindh, with the approval of the High Court of Sindh, has extended special judicial magisterial powers for six months with effect from 12-03-2014 to 11-09-2014 to the following officers:
The newly appointed Chief Executive Officer (CEO) of Trade Development Authority (TDAP) S M Munir and Consul General Pakistan in Hong Kong Ghufran Memon jointly inaugurated the Pakistan Pavilion at the Asia Pacific Leather Fair 'APLF 2014 Show' here in HK
Funds mismanagement and alleged corruption in the transport department of University of Karachi (KU) have rendered over 20,000 students to suffer because varsity's point busses are in dilapidated condition, not being repaired and maintained properly. KU's
The Sindh High Court (SHC) on Monday issued notice to federal authorities, Environmental Protection Agency (EPA), Karachi Metropolitan Corporation, Bahria Town management and other official respondents to submit their respective comments on a petition aga
At least two persons were injured in a road side blast occurred near Neepa Chaurangi on University Road in the jurisdictions of Gulshan-e-Iqbal police station. "The bomb was fixed along the wall of Lalazar Marriage Hall. Resultantly, two persons received
The moon of Jamadi-ul-Sani was not sighted on Monday evening, a press release issued here by Central Ruet-e-Hilal committee said quoting its chairman Mufti Muneeb-ur-Rehman. Hence the first of Jamadi-ul-Sani will fall on Wednesday April 02.
A body of a man was recovered in metropolis, here on Monday. According to police and rescue sources, Karim son of Faqeer Muhammad, a resident of "Guru Mandar" was shot and killed by unknown person in Goal Market located in Nazimabad. The body was shifted
The Annual Meeting of the APNS General Council held on March 31, 2014 at APNS House, Karachi has elected the Executive Committee for the year 2014-15 which unanimously elected Hameed Haroon as President, Jamil Ather as Senior Vice President, Umer Mujib Sh
China's yuan closed weaker against the dollar on Monday and posted its second-biggest monthly loss on record as the central bank kept up strong pressure on speculators and sought to curb hot money inflows. The People's Bank of China (PBOC) fixed the offic
The Sri Lankan rupee ended steady on Monday despite early importer dollar demand and stocks-related outflows, as banks were reluctant to trade the local currency beyond 130.70 per dollar due to moral suasion by the central bank, dealers said. The currency
The euro rose to a three-week high against the yen and firmed against the dollar despite softer-than-forecast inflation numbers that sapped hopes the European Central Bank will cut rates when it meets this week. After three days of gains, the US dollar in
The euro rose to a three-week high against the yen on Monday, recovering from a dip after lower than expected inflation numbers, though the European Central Bank is not expected to cut rates when it meets later this week. Dealers said new bets for a weake
Interbank buy/sell rates for the taka against the dollar on Monday. 77.67-77.67 (77.67-77.6725).Call Money Rates: 06.00-07.50 percent (previous 06.10-07.50 percent).
The South Korean won hit a three-week high on Monday despite the North's firing drills near a disputed sea border as most emerging Asian currencies rose to see quarterly gains with sustained hopes on China's economic stimulus. A North Korean artillery she
The South Korean won ended higher on Monday, shrugging off a North Korean artillery-fire drill off the western coast of the peninsula and touching a near three-week high on continued foreign inflows to the stock market. The local currency was quoted at 1,