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Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-04-02
Coalition wants US to end bulk data sweep

Coalition wants US to end bulk data sweep

More than 40 activist organisations and companies called Tuesday for an overhaul of US government surveillance authority that goes beyond President Barack Obama's proposal. The coalition said Obama's proposal to end bulk collection of telephone data by th
Published 02 Apr, 2014 12:00am
Coalition wants US to end bulk data sweep

Coalition wants US to end bulk data sweep

More than 40 activist organisations and companies called Tuesday for an overhaul of US government surveillance authority that goes beyond President Barack Obama's proposal. The coalition said Obama's proposal to end bulk collection of telephone data by th
Published 02 Apr, 2014 12:00am
March CPI inflation up 8.53 percent YoY

March CPI inflation up 8.53 percent YoY

The Consumer Price Index (CPI) inflation increased by 8.53 percent during March 2014 as compared to the same period of last year, Pakistan Bureau of Statistics (PBS) revealed. The PBS Member National Accounts, Trade and Prices, Arif Mehmood Cheema address
Published 02 Apr, 2014 12:00am
March CPI inflation up 8.53 percent YoY

March CPI inflation up 8.53 percent YoY

The Consumer Price Index (CPI) inflation increased by 8.53 percent during March 2014 as compared to the same period of last year, Pakistan Bureau of Statistics (PBS) revealed. The PBS Member National Accounts, Trade and Prices, Arif Mehmood Cheema address
Published 02 Apr, 2014 12:00am
March CPI inflation up 8.53 percent YoY

March CPI inflation up 8.53 percent YoY

The Consumer Price Index (CPI) inflation increased by 8.53 percent during March 2014 as compared to the same period of last year, Pakistan Bureau of Statistics (PBS) revealed. The PBS Member National Accounts, Trade and Prices, Arif Mehmood Cheema address
Published 02 Apr, 2014 12:00am
The Weather

The Weather

The weather forecast is not being published as the Met Office did not update its Website on Tuesday.

Published 02 Apr, 2014 12:00am
Pesco''s petition: Supreme Court suspends PHC verdict

Pesco''s petition: Supreme Court suspends PHC verdict

The Supreme Court on Tuesday granted leave to appeal in response to a petition of Peshawar Electricity Supply Company (Pesco) and suspended Peshawar High Court (PHC) verdict, which had declared Fuel Adjustment Charges (FAC) in the monthly electricity bill
Published 02 Apr, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
Pesco's petition: Supreme Court suspends PHC verdict

Pesco's petition: Supreme Court suspends PHC verdict

The Supreme Court on Tuesday granted leave to appeal in response to a petition of Peshawar Electricity Supply Company (Pesco) and suspended Peshawar High Court (PHC) verdict, which had declared Fuel Adjustment Charges (FAC) in the monthly electricity bill
Published 02 Apr, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
Pesco's petition: Supreme Court suspends PHC verdict

Pesco's petition: Supreme Court suspends PHC verdict

The Supreme Court on Tuesday granted leave to appeal in response to a petition of Peshawar Electricity Supply Company (Pesco) and suspended Peshawar High Court (PHC) verdict, which had declared Fuel Adjustment Charges (FAC) in the monthly electricity bill
Published 02 Apr, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 01, 2014) and for Wednesday (April 02, 2014).
Published 02 Apr, 2014 12:00am
ISE index up by 77.39 points

ISE index up by 77.39 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 77.39 points as the ISE Te
Published 02 Apr, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
ISE index up by 77.39 points

ISE index up by 77.39 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 77.39 points as the ISE Te
Published 02 Apr, 2014 12:00am
LSE index gains 25.45 points

LSE index gains 25.45 points

Bullish sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities registered gains across the board amid improved trading turnover. The LSE-25 index gained 25.45 points to close at 5156.57 against 5131.12 of Monday, while transaction v
Published 02 Apr, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
LSE index gains 25.45 points

LSE index gains 25.45 points

Bullish sentiments prevailed on the Lahore Stock Exchange on Tuesday and the equities registered gains across the board amid improved trading turnover. The LSE-25 index gained 25.45 points to close at 5156.57 against 5131.12 of Monday, while transaction v
Published 02 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
Britain orders probe into MB terror links

Britain orders probe into MB terror links

British Prime Minister David Cameron said Tuesday he had ordered an investigation into the Muslim Brotherhood over concerns that the group, declared a terrorist organisation by Egypt and Saudi Arabia, is linked to violent extremism. Key leaders of the gro
Published 02 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
US suit alleges 12 banks colluded in huge forex market

US suit alleges 12 banks colluded in huge forex market

A dozen banking giants have been sued in New York for allegedly fixing global foreign exchange rates in the latest ripple to accompany government probes of the huge market. The defendants in the class-action lawsuit, which include BNP Paribas and J.P. Mor
Published 02 Apr, 2014 12:00am
Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

The foreign exchange reserves of the country have crossed the threshold of $10 billion on March 31. "The total liquid reserves stood at $10.072 billion. The net reserves with State Bank of Pakistan are $5.365 billion and the net reserves with banks stood
Published 02 Apr, 2014 12:00am
Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

The foreign exchange reserves of the country have crossed the threshold of $10 billion on March 31. "The total liquid reserves stood at $10.072 billion. The net reserves with State Bank of Pakistan are $5.365 billion and the net reserves with banks stood
Published 02 Apr, 2014 12:00am
THE RUPEE: sharp recovery

THE RUPEE: sharp recovery

The rupee managed to recover sharply against the dollar on the money market on Tuesday, dealers said. The rupee picked up 18-paisa versus the dollar for buying at Rs 98.30 and also rose by 17-paisa for selling at Rs 98.35 in process of trading, dealers sa
Published 02 Apr, 2014 12:00am
Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

Forex reserves at $10.072 billion on March 31: Dar fulfils commitment

The foreign exchange reserves of the country have crossed the threshold of $10 billion on March 31. "The total liquid reserves stood at $10.072 billion. The net reserves with State Bank of Pakistan are $5.365 billion and the net reserves with banks stood
Published 02 Apr, 2014 12:00am
THE RUPEE: sharp recovery

THE RUPEE: sharp recovery

The rupee managed to recover sharply against the dollar on the money market on Tuesday, dealers said. The rupee picked up 18-paisa versus the dollar for buying at Rs 98.30 and also rose by 17-paisa for selling at Rs 98.35 in process of trading, dealers sa
Published 02 Apr, 2014 12:00am
Discos'' February tariff slashed by 26.5 paisa per unit

Discos'' February tariff slashed by 26.5 paisa per unit

The National Electric Power Regulatory Authority (Nepra) on Tuesday notified 26.5 paisa per unit reduction in tariff for power Distribution Companies (Discos) for February 2014, under the monthly fuel adjustment mechanism.
Published 02 Apr, 2014 12:00am
Discos' February tariff slashed by 26.5 paisa per unit

Discos' February tariff slashed by 26.5 paisa per unit

The National Electric Power Regulatory Authority (Nepra) on Tuesday notified 26.5 paisa per unit reduction in tariff for power Distribution Companies (Discos) for February 2014, under the monthly fuel adjustment mechanism.
Published 02 Apr, 2014 12:00am
Discos' February tariff slashed by 26.5 paisa per unit

Discos' February tariff slashed by 26.5 paisa per unit

The National Electric Power Regulatory Authority (Nepra) on Tuesday notified 26.5 paisa per unit reduction in tariff for power Distribution Companies (Discos) for February 2014, under the monthly fuel adjustment mechanism.
Published 02 Apr, 2014 12:00am
Power regulator faces arm-twisting action

Power regulator faces arm-twisting action

Finance Ministry has reportedly initiated the action of pressurising a headless and "unbridled" National Electric Power Regulatory Authority (Nepra) into doing something it is unwilling to do under the guise of carrying out a diagnostic analysis and an au
Published 02 Apr, 2014 12:00am
Power regulator faces arm-twisting action

Power regulator faces arm-twisting action

Finance Ministry has reportedly initiated the action of pressurising a headless and "unbridled" National Electric Power Regulatory Authority (Nepra) into doing something it is unwilling to do under the guise of carrying out a diagnostic analysis and an au
Published 02 Apr, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 01, 2014).

Published 02 Apr, 2014 12:00am
Power regulator faces arm-twisting action

Power regulator faces arm-twisting action

Finance Ministry has reportedly initiated the action of pressurising a headless and "unbridled" National Electric Power Regulatory Authority (Nepra) into doing something it is unwilling to do under the guise of carrying out a diagnostic analysis and an au
Published 02 Apr, 2014 12:00am
Saudi gift has 'Musharraf strings' attached?

Saudi gift has 'Musharraf strings' attached?

As deliberations continue within the ruling Pakistan Muslim League-Nawaz (PML-N) whether or not to remove Pervez Musharraf's name from the Exit Control List (ECL), paving the way for him to travel abroad intense speculation is rife in the federal capital
Published 02 Apr, 2014 12:00am
Saudi gift has 'Musharraf strings' attached?

Saudi gift has 'Musharraf strings' attached?

As deliberations continue within the ruling Pakistan Muslim League-Nawaz (PML-N) whether or not to remove Pervez Musharraf's name from the Exit Control List (ECL), paving the way for him to travel abroad intense speculation is rife in the federal capital
Published 02 Apr, 2014 12:00am
Army chief, DG ISI meet Prime Minister

Army chief, DG ISI meet Prime Minister

Army Chief General Raheel Sharif reached - via his helicopter - Prime Minister House's to meet Prime Minister Nawaz Sharif on Tuesday. Director General ISI Lieutenant General Zaheerul Islam and other military officers also reached Prime Minister's House f
Published 02 Apr, 2014 12:00am
Army chief, DG ISI meet Prime Minister

Army chief, DG ISI meet Prime Minister

Army Chief General Raheel Sharif reached - via his helicopter - Prime Minister House's to meet Prime Minister Nawaz Sharif on Tuesday. Director General ISI Lieutenant General Zaheerul Islam and other military officers also reached Prime Minister's House f
Published 02 Apr, 2014 12:00am
Presentation

Presentation

Presentation at KSE auditorium (only for members and an authorised employee of the members).

Published 02 Apr, 2014 12:00am
Zardari speaks to Nawaz

Zardari speaks to Nawaz

Former President and Pakistan People's Party (PPP) Co-Chairmen Asif Ali Zardari on Tuesday evening telephoned Prime Minister Nawaz Sharif and discussed the high treason case against former military ruler General Pervez Musharraf (Retd), it is learnt. Acco
Published 02 Apr, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2014 12:00am
Zardari speaks to Nawaz

Zardari speaks to Nawaz

Former President and Pakistan People's Party (PPP) Co-Chairmen Asif Ali Zardari on Tuesday evening telephoned Prime Minister Nawaz Sharif and discussed the high treason case against former military ruler General Pervez Musharraf (Retd), it is learnt. Acco
Published 02 Apr, 2014 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2014 12:00am
Prime Minister, other mulls it over

Prime Minister, other mulls it over

The federal government on Tuesday considered the issue of former President and army chief General Pervez Musharraf's name on Exit Control List (ECL) deeply and thoroughly. A day after a special court indicted Musharraf, Prime Minister Nawaz Sharif invited
Published 02 Apr, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2014 12:00am
Prime Minister, other mulls it over

Prime Minister, other mulls it over

The federal government on Tuesday considered the issue of former President and army chief General Pervez Musharraf's name on Exit Control List (ECL) deeply and thoroughly. A day after a special court indicted Musharraf, Prime Minister Nawaz Sharif invited
Published 02 Apr, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 02 Apr, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 02 Apr, 2014 12:00am
Pakistan successfully pays 30th IMF instalment

Pakistan successfully pays 30th IMF instalment

Pakistan has successfully paid 30th Instalment under the IMF-SBA facility on Tuesday amounting to SDR 71 million equivalent $109 million, SBP Spokesperson said. With repayment of the current instalment, Pakistan to-date has repaid to IMF SDRs 4,591 millio
Published 02 Apr, 2014 12:00am
Pakistan successfully pays 30th IMF instalment

Pakistan successfully pays 30th IMF instalment

Pakistan has successfully paid 30th Instalment under the IMF-SBA facility on Tuesday amounting to SDR 71 million equivalent $109 million, SBP Spokesperson said. With repayment of the current instalment, Pakistan to-date has repaid to IMF SDRs 4,591 millio
Published 02 Apr, 2014 12:00am
Pakistan successfully pays 30th IMF instalment

Pakistan successfully pays 30th IMF instalment

Pakistan has successfully paid 30th Instalment under the IMF-SBA facility on Tuesday amounting to SDR 71 million equivalent $109 million, SBP Spokesperson said. With repayment of the current instalment, Pakistan to-date has repaid to IMF SDRs 4,591 millio
Published 02 Apr, 2014 12:00am
Banking sector: FBR starts checking interest on profits, tax withheld

Banking sector: FBR starts checking interest on profits, tax withheld

The Federal Board of Revenue has started an exercise to check the interest paid on profits and tax withheld on cash withdrawal by banks under Income Tax Ordinance, 2001. Sources told Business Recorder here on Tuesday that the purpose of the exercis
Published 02 Apr, 2014 12:00am
Banking sector: FBR starts checking interest on profits, tax withheld

Banking sector: FBR starts checking interest on profits, tax withheld

The Federal Board of Revenue has started an exercise to check the interest paid on profits and tax withheld on cash withdrawal by banks under Income Tax Ordinance, 2001. Sources told Business Recorder here on Tuesday that the purpose of the exercis
Published 02 Apr, 2014 12:00am
Banking sector: FBR starts checking interest on profits, tax withheld

Banking sector: FBR starts checking interest on profits, tax withheld

The Federal Board of Revenue has started an exercise to check the interest paid on profits and tax withheld on cash withdrawal by banks under Income Tax Ordinance, 2001. Sources told Business Recorder here on Tuesday that the purpose of the exercis
Published 02 Apr, 2014 12:00am
BRIndex30 surges by 250.39 points

BRIndex30 surges by 250.39 points

On Tuesday, BRIndex30 opened at 16,359.37 and remained positive throughout the trading session. It touched an intraday high of 16,619.74 and an intraday low of 16,364.66 and closed at 16,609.76, which was 250.39 points or 1.53 percent higher than previous
Published 02 Apr, 2014 12:00am
BRIndex30 surges by 250.39 points

BRIndex30 surges by 250.39 points

On Tuesday, BRIndex30 opened at 16,359.37 and remained positive throughout the trading session. It touched an intraday high of 16,619.74 and an intraday low of 16,364.66 and closed at 16,609.76, which was 250.39 points or 1.53 percent higher than previous
Published 02 Apr, 2014 12:00am
Index attains fresh peak

Index attains fresh peak

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday supported by reports the Ministry of Finance holding roadshows for $500m foreign inflows through Eurobonds and MSCI Frontier Index re-composition. The benchmark 100-share index rose by 405.
Published 02 Apr, 2014 12:00am
Index attains fresh peak

Index attains fresh peak

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday supported by reports the Ministry of Finance holding roadshows for $500m foreign inflows through Eurobonds and MSCI Frontier Index re-composition. The benchmark 100-share index rose by 405.
Published 02 Apr, 2014 12:00am
Index attains fresh peak

Index attains fresh peak

A bullish trend prevailed on Karachi Stock Exchange (KSE) Tuesday supported by reports the Ministry of Finance holding roadshows for $500m foreign inflows through Eurobonds and MSCI Frontier Index re-composition. The benchmark 100-share index rose by 405.
Published 02 Apr, 2014 12:00am
PSM, ministry lock horns over sale of scrap

PSM, ministry lock horns over sale of scrap

Pakistan Steel Mills (PSM) has reportedly locked horns with Ministry of Industries and Production (MoI&P) after the latter slapped an immediate ban on sale of scrap and sought the details of contracts, well informed sources in PSM told Business Recorde
Published 02 Apr, 2014 12:00am
PSM, ministry lock horns over sale of scrap

PSM, ministry lock horns over sale of scrap

Pakistan Steel Mills (PSM) has reportedly locked horns with Ministry of Industries and Production (MoI&P) after the latter slapped an immediate ban on sale of scrap and sought the details of contracts, well informed sources in PSM told Business Recorde
Published 02 Apr, 2014 12:00am
PSM, ministry lock horns over sale of scrap

PSM, ministry lock horns over sale of scrap

Pakistan Steel Mills (PSM) has reportedly locked horns with Ministry of Industries and Production (MoI&P) after the latter slapped an immediate ban on sale of scrap and sought the details of contracts, well informed sources in PSM told Business Recorde
Published 02 Apr, 2014 12:00am
Amnesty scheme inflicts losses on auto industry

Amnesty scheme inflicts losses on auto industry

Amnesty scheme introduced by the present government to woo investors has led to legalisation of over 54,000 smuggled vehicles and caused a business loss to local manufacturers. This was claimed by the representatives of local auto industry during a recent
Published 02 Apr, 2014 12:00am
Amnesty scheme inflicts losses on auto industry

Amnesty scheme inflicts losses on auto industry

Amnesty scheme introduced by the present government to woo investors has led to legalisation of over 54,000 smuggled vehicles and caused a business loss to local manufacturers. This was claimed by the representatives of local auto industry during a recent
Published 02 Apr, 2014 12:00am
Amnesty scheme inflicts losses on auto industry

Amnesty scheme inflicts losses on auto industry

Amnesty scheme introduced by the present government to woo investors has led to legalisation of over 54,000 smuggled vehicles and caused a business loss to local manufacturers. This was claimed by the representatives of local auto industry during a recent
Published 02 Apr, 2014 12:00am
No new partnership strategy approved by WBG

No new partnership strategy approved by WBG

World Bank Group (WBG) has not so far approved any new partnership strategy that identifies lending to Pakistan for the next five years as consultations are still under way. Sources said that the strategy paper is still under consultation and has not been
Published 02 Apr, 2014 12:00am
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