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May 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-04-09
Israel diplomats accused of assault in India 'repatriated'

Israel diplomats accused of assault in India 'repatriated'

Three Israeli diplomats accused of abusing and injuring an Indian immigration official at New Delhi airport are being "repatriated to Israel", an embassy official told AFP Tuesday. Delhi Police had lodged a criminal case against the consular officials, wh
Published 09 Apr, 2014 12:00am
Lawmakers: non-payment of taxes to be probed

Lawmakers: non-payment of taxes to be probed

National Assembly on Tuesday adopted a motion authorising the Speaker to constitute a 10-member special committee, with representation from all major political parties, to investigate the allegation of the non-payment of taxes by a number of parliamentari
Published 09 Apr, 2014 12:00am
Lawmakers: non-payment of taxes to be probed

Lawmakers: non-payment of taxes to be probed

National Assembly on Tuesday adopted a motion authorising the Speaker to constitute a 10-member special committee, with representation from all major political parties, to investigate the allegation of the non-payment of taxes by a number of parliamentari
Published 09 Apr, 2014 12:00am
Lawmakers: non-payment of taxes to be probed

Lawmakers: non-payment of taxes to be probed

National Assembly on Tuesday adopted a motion authorising the Speaker to constitute a 10-member special committee, with representation from all major political parties, to investigate the allegation of the non-payment of taxes by a number of parliamentari
Published 09 Apr, 2014 12:00am
IMF sees rich nations propelling global growth, but risks linger

IMF sees rich nations propelling global growth, but risks linger

The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic snapshot, the Washington-based IM
Published 09 Apr, 2014 12:00am
IMF sees rich nations propelling global growth, but risks linger

IMF sees rich nations propelling global growth, but risks linger

The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic snapshot, the Washington-based IM
Published 09 Apr, 2014 12:00am
IMF sees rich nations propelling global growth, but risks linger

IMF sees rich nations propelling global growth, but risks linger

The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. In its latest global economic snapshot, the Washington-based IM
Published 09 Apr, 2014 12:00am
KSE extends rally

KSE extends rally

Karachi Stock Exchange Tuesday witnessed another bull-run and the KSE-100 Index gained 74 more points to close at highest-ever 28,653-point level against 28,578 points Monday. The index touched 28,817 highest and 28,574 lowest levels during the intra-day
Published 09 Apr, 2014 12:00am
KSE extends rally

KSE extends rally

Karachi Stock Exchange Tuesday witnessed another bull-run and the KSE-100 Index gained 74 more points to close at highest-ever 28,653-point level against 28,578 points Monday. The index touched 28,817 highest and 28,574 lowest levels during the intra-day
Published 09 Apr, 2014 12:00am
KSE extends rally

KSE extends rally

Karachi Stock Exchange Tuesday witnessed another bull-run and the KSE-100 Index gained 74 more points to close at highest-ever 28,653-point level against 28,578 points Monday. The index touched 28,817 highest and 28,574 lowest levels during the intra-day
Published 09 Apr, 2014 12:00am
BRIndex30 gains 82.68 points

BRIndex30 gains 82.68 points

On Tuesday, BRIndex30 opened at 17,107.76. It touched an intraday high of 17,289.57 and an intraday low of 17,100.77 and closed at 17,190.44, which was 82.68 points or 0.48 percent higher than previous close. Total volume was 213,799,300, which was 63.96
Published 09 Apr, 2014 12:00am
BRIndex30 gains 82.68 points

BRIndex30 gains 82.68 points

On Tuesday, BRIndex30 opened at 17,107.76. It touched an intraday high of 17,289.57 and an intraday low of 17,100.77 and closed at 17,190.44, which was 82.68 points or 0.48 percent higher than previous close. Total volume was 213,799,300, which was 63.96
Published 09 Apr, 2014 12:00am
Sindh chief minister-led team visits AIM-2014

Sindh chief minister-led team visits AIM-2014

A Pakistani delegation led by Chief Minister Sindh Syed Qaim Ali Shah, who was accompanied by Ismaeel Miftah, Chairman Federal Board of Investment, Murad Ali Shah, Advisor to Chief Minister Sindh For Finance & Energy, Ali Arshad Hakeem, Chairman Sindh Boa
Published 09 Apr, 2014 12:00am
Sindh chief minister-led team visits AIM-2014

Sindh chief minister-led team visits AIM-2014

A Pakistani delegation led by Chief Minister Sindh Syed Qaim Ali Shah, who was accompanied by Ismaeel Miftah, Chairman Federal Board of Investment, Murad Ali Shah, Advisor to Chief Minister Sindh For Finance & Energy, Ali Arshad Hakeem, Chairman Sindh Boa
Published 09 Apr, 2014 12:00am
Sindh chief minister-led team visits AIM-2014

Sindh chief minister-led team visits AIM-2014

A Pakistani delegation led by Chief Minister Sindh Syed Qaim Ali Shah, who was accompanied by Ismaeel Miftah, Chairman Federal Board of Investment, Murad Ali Shah, Advisor to Chief Minister Sindh For Finance & Energy, Ali Arshad Hakeem, Chairman Sindh Boa
Published 09 Apr, 2014 12:00am
March revenue posts six percent lower growth YoY

March revenue posts six percent lower growth YoY

Revenue collection rose by 17 percent in March 2014 compared to the corresponding period last year, however this rise pales in comparison to the 22 percent rise in collections in March 2013 compared to the corresponding period of a year before, well-infor
Published 09 Apr, 2014 12:00am
March revenue posts six percent lower growth YoY

March revenue posts six percent lower growth YoY

Revenue collection rose by 17 percent in March 2014 compared to the corresponding period last year, however this rise pales in comparison to the 22 percent rise in collections in March 2013 compared to the corresponding period of a year before, well-infor
Published 09 Apr, 2014 12:00am
March revenue posts six percent lower growth YoY

March revenue posts six percent lower growth YoY

Revenue collection rose by 17 percent in March 2014 compared to the corresponding period last year, however this rise pales in comparison to the 22 percent rise in collections in March 2013 compared to the corresponding period of a year before, well-infor
Published 09 Apr, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 09 Apr, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 09 Apr, 2014 12:00am
Corps Commanders to take stock of situation: conference today

Corps Commanders to take stock of situation: conference today

Chief of Army Staff (CoAS) General Raheel Sharif has convened the Corps Commanders Conference on Wednesday (today) to review national security and military's professional matters. Sources said the army top brass would also review criticism on the military
Published 09 Apr, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Apr, 2014 12:00am
Corps Commanders to take stock of situation: conference today

Corps Commanders to take stock of situation: conference today

Chief of Army Staff (CoAS) General Raheel Sharif has convened the Corps Commanders Conference on Wednesday (today) to review national security and military's professional matters. Sources said the army top brass would also review criticism on the military
Published 09 Apr, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Apr, 2014 12:00am
South Korean Prime Minister due on April 13

South Korean Prime Minister due on April 13

Prime Minister of the Republic of Korea Chung Hongwon is arriving on a four-day official visit to Pakistan starting from April 13-16. The visiting Korean premier will discuss Pakistani leadership the ways and means for further strengthening co-operation i
Published 09 Apr, 2014 12:00am
South Korean Prime Minister due on April 13

South Korean Prime Minister due on April 13

Prime Minister of the Republic of Korea Chung Hongwon is arriving on a four-day official visit to Pakistan starting from April 13-16. The visiting Korean premier will discuss Pakistani leadership the ways and means for further strengthening co-operation i
Published 09 Apr, 2014 12:00am
South Korean Prime Minister due on April 13

South Korean Prime Minister due on April 13

Prime Minister of the Republic of Korea Chung Hongwon is arriving on a four-day official visit to Pakistan starting from April 13-16. The visiting Korean premier will discuss Pakistani leadership the ways and means for further strengthening co-operation i
Published 09 Apr, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (April 08, 2014).

Published 09 Apr, 2014 12:00am
Hydropower project: Wapda may award contract to Chinese company

Hydropower project: Wapda may award contract to Chinese company

Water and Power Development Authority (Wapda) is likely to award civil works contract for 122 MW Keyal Khwar hydropower project to Sinohydro Group, well informed sources told Business Recorder. KfW and EIB are said to be providing financing of 97 m
Published 09 Apr, 2014 12:00am
Hydropower project: Wapda may award contract to Chinese company

Hydropower project: Wapda may award contract to Chinese company

Water and Power Development Authority (Wapda) is likely to award civil works contract for 122 MW Keyal Khwar hydropower project to Sinohydro Group, well informed sources told Business Recorder. KfW and EIB are said to be providing financing of 97 m
Published 09 Apr, 2014 12:00am
Hydropower project: Wapda may award contract to Chinese company

Hydropower project: Wapda may award contract to Chinese company

Water and Power Development Authority (Wapda) is likely to award civil works contract for 122 MW Keyal Khwar hydropower project to Sinohydro Group, well informed sources told Business Recorder. KfW and EIB are said to be providing financing of 97 m
Published 09 Apr, 2014 12:00am
Warehouse: Customs licensing rules relaxed

Warehouse: Customs licensing rules relaxed

The Federal Board of Revenue has relaxed customs licensing rules for persons/firms that intend to operate a warehouse by abolishing the condition of comprehensive insurance policy by applicants. In this regard, the FBR has amended Customs Rules, 2001 thro
Published 09 Apr, 2014 12:00am
LSE index sheds 22.72 points

LSE index sheds 22.72 points

Mixed sentiments prevailed on the Lahore Stock Exchange and the equities registered gains under the lead of banking sector amid improved trading turnover. However, the LSE-25 index lost 22.72 points to close at 5389.78 against 5412.50 of Monday while tran
Published 09 Apr, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee posted fresh gains against the dollar on the back of easy supply of the US currency on the money market on Tuesday, dealers said. Chairman of the Forex Association of Pakistan (FAP), Malik Bostan, said that nearly one-week ago the FAP had set up
Published 09 Apr, 2014 12:00am
LSE index sheds 22.72 points

LSE index sheds 22.72 points

Mixed sentiments prevailed on the Lahore Stock Exchange and the equities registered gains under the lead of banking sector amid improved trading turnover. However, the LSE-25 index lost 22.72 points to close at 5389.78 against 5412.50 of Monday while tran
Published 09 Apr, 2014 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee posted fresh gains against the dollar on the back of easy supply of the US currency on the money market on Tuesday, dealers said. Chairman of the Forex Association of Pakistan (FAP), Malik Bostan, said that nearly one-week ago the FAP had set up
Published 09 Apr, 2014 12:00am
ISE index improves by 5.81 points

ISE index improves by 5.81 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 5.81 points as the ISE Ten
Published 09 Apr, 2014 12:00am
ISE index improves by 5.81 points

ISE index improves by 5.81 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 5.81 points as the ISE Ten
Published 09 Apr, 2014 12:00am
Street children footballers receive a rapturous welcome

Street children footballers receive a rapturous welcome

Street children footballers returned home Tuesday to jubilant scenes after clinching the bronze medal in Brazil, with captain Sameer Ahmed hailing the "once in a lifetime" experience. Competing for the first time in the Street Child World Cup, the Pakista
Published 09 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 08, 2014).

Published 09 Apr, 2014 12:00am
Street children footballers receive a rapturous welcome

Street children footballers receive a rapturous welcome

Street children footballers returned home Tuesday to jubilant scenes after clinching the bronze medal in Brazil, with captain Sameer Ahmed hailing the "once in a lifetime" experience. Competing for the first time in the Street Child World Cup, the Pakista
Published 09 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 08, 2014).

Published 09 Apr, 2014 12:00am
Aptma team discusses textile development plan with chief minister Punjab

Aptma team discusses textile development plan with chief minister Punjab

A delegation of industrialists associated with textile sector led by Chairman All Pakistan Textile Mills Association (APTMA) S.M Tanvir met Punjab Chief Minister, Muhammad Shahbaz Sharif, here on Tuesday. Federal Minister for Textile Industry Abbas Khan A
Published 09 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 08, 2014).

Published 09 Apr, 2014 12:00am
Low import duty collection: Collectors called to explain reasons

Low import duty collection: Collectors called to explain reasons

The Federal Board of Revenue has called all the Chief Collectors and Collectors of Customs at the FBR House to explain the reasons for low sales tax, withholding tax as well as customs duty collection at the import stage during March 2014, and for putting
Published 09 Apr, 2014 12:00am
Low import duty collection: Collectors called to explain reasons

Low import duty collection: Collectors called to explain reasons

The Federal Board of Revenue has called all the Chief Collectors and Collectors of Customs at the FBR House to explain the reasons for low sales tax, withholding tax as well as customs duty collection at the import stage during March 2014, and for putting
Published 09 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 08, 2014).

Published 09 Apr, 2014 12:00am
Low import duty collection: Collectors called to explain reasons

Low import duty collection: Collectors called to explain reasons

The Federal Board of Revenue has called all the Chief Collectors and Collectors of Customs at the FBR House to explain the reasons for low sales tax, withholding tax as well as customs duty collection at the import stage during March 2014, and for putting
Published 09 Apr, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Tuesday (April 08, 2014) and for Wednesday (April 09, 2014).
Published 09 Apr, 2014 12:00am
Which group holding Ali Gilani, Shahbaz Taseer captive?

Which group holding Ali Gilani, Shahbaz Taseer captive?

The government-nominated team has placed on top of its agenda the release of some non-combatant prisoners in the Taliban custody for the next round of face-to-face interaction with Tahreek-e-Taliban Pakistan (TTP) shura, yet conflicting reports are emanat
Published 09 Apr, 2014 12:00am
Kuwait agrees deal to boost Egypt energy supplies

Kuwait agrees deal to boost Egypt energy supplies

Kuwait said Tuesday it will supply Egypt with 85,000 barrels of oil daily and 1.5 million tonnes of fuel for three years as part of a newly agreed commercial deal. The supplies would be valued at market prices and delivered by the end of 2016 under the ag
Published 09 Apr, 2014 12:00am
China eases M&A rules for insurers

China eases M&A rules for insurers

China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow insurers, including Chinese-based units of foreign insuranc
Published 09 Apr, 2014 12:00am
Canadian housing starts, permits drop as market cools

Canadian housing starts, permits drop as market cools

Canadian housing starts fell more than expected in March and building permits dropped sharply in February, according to data released on Tuesday that suggests the country's robust housing market is cooling. Volatility in the housing data and an especially
Published 09 Apr, 2014 12:00am
Italy cuts growth forecast, promises tax cuts

Italy cuts growth forecast, promises tax cuts

Italy cut this year's growth forecast to 0.8 percent on Tuesday and laid out a plan to lower income taxes through a 4.5 billion euro reduction in public spending. The "extremely prudent" forecast lowered the 1.0 percent growth estimate made by the previou
Published 09 Apr, 2014 12:00am
Citi agrees to pay $1.1 billion in mortgage settlement

Citi agrees to pay $1.1 billion in mortgage settlement

Citigroup Monday said it reached an agreement with a group of 18 institutional investors to pay $1.125 billion to settle claims on some mortgage-backed securities sold ahead of the financial crisis. Citi said the agreement releases it from an obligation t
Published 09 Apr, 2014 12:00am
Simplify US financial reform rules, Fed's Plosser urges

Simplify US financial reform rules, Fed's Plosser urges

A top US central banker on Tuesday criticised the complexity of a nearly four-year-old financial-reform law, urging simpler and more transparent laws for Wall Street that would rely more on the free market to discipline banks and other firms.
Published 09 Apr, 2014 12:00am
OECD says rich countries give record aid in 2013

OECD says rich countries give record aid in 2013

Aid given by rich countries to poor nations rose last year to a record $134.8 billion (97 billion euros) despite budget constraints, the OECD said on Tuesday. "Development aid rose by 6.1 percent in real terms in 2013 to reach the highest level ever recor
Published 09 Apr, 2014 12:00am
ICAP to launch electronic system for fixing orders

ICAP to launch electronic system for fixing orders

Broker and market platform owner ICAP is to launch a service designed to help shift the big voice-based orders at the centre of a currency market manipulation scandal to a more transparent electronic system. ICAP will offer incentives to its voice broking
Published 09 Apr, 2014 12:00am
British industrial output jumps

British industrial output jumps

Industrial output across Britain rose by a robust 0.9 percent in February compared with activity in January, official data showed on Tuesday, cementing the country's economic recovery. And over 12 months, output jumped by 2.7 percent, the Office for Natio
Published 09 Apr, 2014 12:00am
Osborne unveils Brazil investment push

Osborne unveils Brazil investment push

British finance minister George Osborne unveiled plans Monday to ramp up exports to Latin America, as he embarked on a visit to World Cup and Olympic hosts Brazil. Despite the Latin American giant of some 200 million being the world's seventh-largest econ
Published 09 Apr, 2014 12:00am
Senate passes insurance extension for long-term jobless

Senate passes insurance extension for long-term jobless

The US Senate voted Monday to restore unemployment benefits for nearly three million Americans, sending the legislation to the House of Representatives, where the emergency aid is opposed by many Republicans. The legislation retroactively restores payment
Published 09 Apr, 2014 12:00am
Fresh clashes between militants leave 14 dead

Fresh clashes between militants leave 14 dead

Fresh clashes on Tuesday between two feuding factions of the Pakistani Taliban left 14 people dead, security officials and militant sources said. A total of 34 people have now been killed since fighting broke out Sunday in the Waziristan tribal district b
Published 09 Apr, 2014 12:00am
Punjab Youth Festival 2014: Guinness confirms making of 33 world records

Punjab Youth Festival 2014: Guinness confirms making of 33 world records

Administration of Guinness World Records in a statement confirmed 33 world records made in Punjab Youth Festival 2014 on its website and Levtie Ten Gabriel and Antolia Maria are officials' witnesses. After completion of process of ratification of the bigg
Published 09 Apr, 2014 12:00am
River flows increase by 44,000 cusecs

River flows increase by 44,000 cusecs

The run of the rivers water increased by 44,000 cusecs during past 24 hours following rains in the catchments areas of the Indus, Kabul, Jhelum and Chenab rivers raising prospects of early filling of the upgraded Mangla dam on river Jhelum and Tarbela dam
Published 09 Apr, 2014 12:00am
Russian ships to visit Karachi port

Russian ships to visit Karachi port

A Russian Pacific Fleet squadron that took part in multilateral naval exercises earlier this month has entered the Indian Ocean and will visit Karachi, fleet spokesman Roman Martov said on Tuesday. "The Pacific Fleet vessels led by the Primorsky mixed-for
Published 09 Apr, 2014 12:00am
Railway line slightly damaged in fire crackers' attack

Railway line slightly damaged in fire crackers' attack

Panic gripped different parts of Kotri, Qasimabad and Hyderabad city Talukas, as fire crackers tossed by unknown miscreants exploded at different places, here on Tuesday evening. According to police, some unknown persons hurled two fire crackers on the ra
Published 09 Apr, 2014 12:00am
Justice Mazhar Alam takes oath as CJ PHC

Justice Mazhar Alam takes oath as CJ PHC

Justice Mazhar Alam Khan Miankhel took oath as Chief Justice of Peshawar High Court (PHC) at a ceremony held at Governor's House, Peshawar on Tuesday. Governor, Khyber Pakhtunkhwa, Engr Shaukatullah administered the oath. Chief Minister, Parvez Khattak wa
Published 09 Apr, 2014 12:00am
Germany outlaws 'Hezbollah fundraising group'

Germany outlaws 'Hezbollah fundraising group'

German authorities banned a group Tuesday accused of raising millions for the Lebanese militant organisation Hezbollah and staged raids across the country against its members. The interior ministry said it had outlawed the "Waisenkinderprojekt Libanon" (O
Published 09 Apr, 2014 12:00am
Nepalese pioneer inducted into 'Internet Hall of Fame'

Nepalese pioneer inducted into 'Internet Hall of Fame'

A Nepalese educator who transformed the way of life in more than 150 remote Himalayan villages by connecting them to the Internet was Tuesday inducted into the Internet Hall of Fame. Mahabir Pun spent more than a decade providing wireless Internet service
Published 09 Apr, 2014 12:00am
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