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Print - 2014-04-11
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (April 10, 2014).

Published 11 Apr, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (April 10, 2014).
Published 11 Apr, 2014 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (April 10, 2014).

Published 11 Apr, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (April 10, 2014).

Published 11 Apr, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Thursday (April 10, 2014).

Published 11 Apr, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Thursday (April 10, 2014).

Published 11 Apr, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

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
Published 11 Apr, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

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
Published 11 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 11 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 11 Apr, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

Pakistan Mercantile Exchange (PMEX) witnessed an increase of 10 percent in the value traded on Thursday. Total value increased to PKR 3,430 million from PKR 3,106 million on Wednesday. The number of lots traded were recorded at 17,031 and PMEX Commodity I
Published 11 Apr, 2014 12:00am
Canadian canola hits fresh four-month high

Canadian canola hits fresh four-month high

ICE Canadian canola futures climbed on Wednesday to a four-month high, supported by a US Department of Agriculture report that cut its forecast for US soybean and corn ending stocks to levels below market expectations. Projected US corn and soybean carryo
Published 11 Apr, 2014 12:00am
Upward trend on grain market

Upward trend on grain market

Oil seeds prices were higher on the wholesale grain market on Thursday in process of trading, dealers said. On the cereals side, wheat Bardan (new) lost Rs 21 to Rs 3075, other items maintained overnight levels, they said.
Published 11 Apr, 2014 12:00am
US Gulf Coast soya offers mixed

US Gulf Coast soya offers mixed

Soyabean export premiums at the US Gulf Coast were mixed on Wednesday amid sluggish demand for nearby shipments and solid demand from China for new-crop supplies, traders said. FOB basis values for early summer soyabean shipments were stronger as supplies
Published 11 Apr, 2014 12:00am
Brazil coffee belt stays mostly dry: Somar

Brazil coffee belt stays mostly dry: Somar

Brazil's top coffee-producing state will likely stay mostly dry this week, Somar Meteorologists said in a weather bulletin on Wednesday, though a cold front should reach the southern tipof the growing region this weekend. Some 12 millimeters (0.5 inches)
Published 11 Apr, 2014 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 153,336 tonnes of cargo comprising 105,702 tonnes of import cargo and 47,634 tonnes of export cargo including 5,381 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargo of 1
Published 11 Apr, 2014 12:00am
Oil cake market rates

Oil cake market rates

Both the futures were inert on the forward cottonseeds oilcake market on Thursday in process of trading, dealers said. The May contract closed at Rs 1306.40 and it opened with no change during the session, they said. The July vaida also closed at Rs 1350.
Published 11 Apr, 2014 12:00am
Rates fall amid modest trading

Rates fall amid modest trading

Prices drifted lower on the cotton market on Thursday as leading mills and some exporters stayed on the sidelines in modest trading, dealers said. The official spot rate was down by Rs 50 to Rs 6,500, they added. Prices of seed cotton in Sindh and Punjab
Published 11 Apr, 2014 12:00am
Moderate offtake on dull cotton market

Moderate offtake on dull cotton market

Cotton lifting in the ready market was at the best moderate as a few exporters, besides some mills here and there, lifted small quantities of cotton. Thus small time business was being reported from the cotton market on a day to day basis where the ginner
Published 11 Apr, 2014 12:00am
Moderate offtake on dull cotton market

Moderate offtake on dull cotton market

Cotton lifting in the ready market was at the best moderate as a few exporters, besides some mills here and there, lifted small quantities of cotton. Thus small time business was being reported from the cotton market on a day to day basis where the ginner
Published 11 Apr, 2014 12:00am
China central bank says to free up deposit rates when time is right

China central bank says to free up deposit rates when time is right

China will choose a proper time to liberalise bank interest rates and gradually reduce its currency intervention to give the yuan more freedom to move, central bank governor Zhou Xiaochuan said on Thursday. "We will choose a proper time to widen the float
Published 11 Apr, 2014 12:00am
India's consumer inflation to inch up

India's consumer inflation to inch up

India's consumer inflation rate is forecast to have edged up slightly in March due to higher food prices, and factory output in February is expected to have risen at its fastest annual pace in five months, a Reuters poll shows. The data comes as voting ge
Published 11 Apr, 2014 12:00am
Australian jobs revival hints at peak in unemployment rate

Australian jobs revival hints at peak in unemployment rate

Australian jobs growth sped past forecasts for a second month in March and drove the jobless rate to its lowest in four months, holding out the hope that unemployment may have peaked much earlier than anticipated. The local dollar jumped half a cent to it
Published 11 Apr, 2014 12:00am
Surprise fall in Australian unemployment

Surprise fall in Australian unemployment

Australian unemployment fell below 6.0 percent in March, official data revealed Thursday, surprising analysts who had expected a higher figure and raising hopes that the jobless rate may have peaked. The Australian Bureau of Statistics said unemployment d
Published 11 Apr, 2014 12:00am
BoJ unruffled by Japan's weak machinery orders, quells stimulus hopes

BoJ unruffled by Japan's weak machinery orders, quells stimulus hopes

Japan's economy took another knock as a gauge of business investment weakened, but the Bank of Japan remained unperturbed and is expected to release optimistic inflation projections as a swing voter on its board turned more confident about the growth outl
Published 11 Apr, 2014 12:00am
General Motors puts two engineers on paid leave due to recall

General Motors puts two engineers on paid leave due to recall

General Motors said Thursday it had put two engineers on paid leave as it investigates its recall of millions of vehicles over a decade-old ignition defect linked to 13 deaths. GM chief executive Mary Barra announced the first disciplinary personnel actio
Published 11 Apr, 2014 12:00am
eBay ends Icahn dispute

eBay ends Icahn dispute

Online retail giant eBay said Thursday it had reached a deal with activist investor Carl Icahn, who had demanded a spin-off of the payment division PayPal. Icahn, who had been leading a campaign to split up the ecommerce giant, reached a deal with eBay th
Published 11 Apr, 2014 12:00am
US jobless claims at seven-year low, signal firming economy

US jobless claims at seven-year low, signal firming economy

The number of Americans filing new applications for unemployment benefits tumbled last week to the lowest level in nearly seven years, strengthening views of faster job growth. Thursday's report was the latest sign of momentum in the economy after activit
Published 11 Apr, 2014 12:00am
Eurozone house prices dip at end of 2013 despite recovery

Eurozone house prices dip at end of 2013 despite recovery

House prices fell in the eurozone at the end of the last year despite an acceleration in the region's economic recovery, hurt by falling prices in Spain and Italy, data showed on Thursday. Eurozone residential property values dropped by 0.7 percent quarte
Published 11 Apr, 2014 12:00am
Greece ends market exile with triumphant bond auction

Greece ends market exile with triumphant bond auction

Bailed-out Greece returned to bond markets with a bang on Thursday after a four-year exile, raising 3.0 billion euros and sending a major signal that the eurozone debt crisis is fading. Greece's EU-IMF creditors hailed the move which the Greek prime minis
Published 11 Apr, 2014 12:00am
Greece ends market exile with triumphant bond auction

Greece ends market exile with triumphant bond auction

Bailed-out Greece returned to bond markets with a bang on Thursday after a four-year exile, raising 3.0 billion euros and sending a major signal that the eurozone debt crisis is fading. Greece's EU-IMF creditors hailed the move which the Greek prime minis
Published 11 Apr, 2014 12:00am
China says no major stimulus planned; March trade weak

China says no major stimulus planned; March trade weak

Chinese Premier Li Keqiang ruled out major stimulus to fight short-term dips in growth, even as big falls in imports and exports data reinforced forecasts that the world's second-largest economy has slowed notably at the start of 2014. Li stressed on Thur
Published 11 Apr, 2014 12:00am
British house prices boom, BoE holds fire

British house prices boom, BoE holds fire

House prices and sales took off again in Britain last month, reflecting the economy's surprisingly fast recovery, but the Bank of England stuck to its course and left interest rates unchanged at record lows. A closely watched survey from the Royal Institu
Published 11 Apr, 2014 12:00am
IMF tells world to do more on growth 'marathon'

IMF tells world to do more on growth 'marathon'

The International Monetary Fund on Thursday urged nations around the world to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump. In a "Global Policy Agenda" for the world's economies, the IMF outli
Published 11 Apr, 2014 12:00am
IMF tells world to do more on growth 'marathon'

IMF tells world to do more on growth 'marathon'

The International Monetary Fund on Thursday urged nations around the world to move ahead more quickly on policies needed to secure a stronger recovery and avoid a prolonged global slump. In a "Global Policy Agenda" for the world's economies, the IMF outli
Published 11 Apr, 2014 12:00am
Abu Dhabi's bourse hits eight-year high

Abu Dhabi's bourse hits eight-year high

Abu Dhabi's bourse rose to its highest level in eight years on Thursday, largely on the back of four stocks that look likely to be included in the MSCI emerging markets index. Most other markets in the region also gained, but several weak first-quarter ea
Published 11 Apr, 2014 12:00am
Tokyo shares flat

Tokyo shares flat

Tokyo shares ended flat Thursday, losing early gains driven by Wall Street's rally as exporters took a hit from the yen's rise, while weak China data also weighed. The benchmark Nikkei 225 index inched up 0.43 points to finish at 14,300.12, after rising 1
Published 11 Apr, 2014 12:00am
Thursday's midday trade: stocks dip; biotechs drag Nasdaq

Thursday's midday trade: stocks dip; biotechs drag Nasdaq

US stocks dipped on Thursday, with the Nasdaq underperforming other major indexes, as investors once again sold high-flying tech and biotech shares and bought defensive sectors. Biotech and large technology stocks, some of the biggest gainers in 2013, slu
Published 11 Apr, 2014 12:00am
Wall Street soars after Fed minutes signal support

Wall Street soars after Fed minutes signal support

US stocks rallied on Wednesday after minutes from the Federal Reserve's latest policy meeting showed a more supportive central bank than investors had previously expected. All three major US stock indexes ended up more than 1 percent, with eight of the 10
Published 11 Apr, 2014 12:00am
Hong Kong, China shares up

Hong Kong, China shares up

Hong Kong shares closed 1.51 percent higher on Thursday, lifted by a rally on Wall Street and by plans to give the city's investors greater access to the Shanghai stock market. The benchmark Hang Seng Index rose 343.79 points to 23,186.96 on turnover of H
Published 11 Apr, 2014 12:00am
Shorter-dated US bonds up

Shorter-dated US bonds up

Short- and medium-term US Treasuries prices rose on Wednesday as the record from the Federal Reserve's policy meeting in March soothed some worries the central bank might raise interest rates in the first half of 2015. The perceived dovish tone of the min
Published 11 Apr, 2014 12:00am
Shorter-dated US bonds up

Shorter-dated US bonds up

Short- and medium-term US Treasuries prices rose on Wednesday as the record from the Federal Reserve's policy meeting in March soothed some worries the central bank might raise interest rates in the first half of 2015. The perceived dovish tone of the min
Published 11 Apr, 2014 12:00am
Sri Lankan stocks edge down

Sri Lankan stocks edge down

The Sri Lankan share index ended tad weaker on Thursday from a near two-month closing high, led by top conglomerate John Keells Holdings, while the turnover slumped to its lowest in more than one week ahead of holidays. The main stock index fell 0.14 perc
Published 11 Apr, 2014 12:00am
Australian shares up

Australian shares up

Australian shares rose 0.3 percent to a near six-year high on Thursday as a rally on Wall Street and an upbeat local jobs report buoyed investor optimism. Australian employment rose by a solid 18,100 in March to handily beat expectations for a second mont
Published 11 Apr, 2014 12:00am
Indian shares retreat

Indian shares retreat

Indian shares retreated from record highs hit earlier in the session to end flat as profit-taking hit bluechips such as Infosys Ltd on caution ahead of the release of quarterly earnings and inflation data next week. Next week marks the start of quarterly
Published 11 Apr, 2014 12:00am
Spain, Italy lead skittish European shares lower

Spain, Italy lead skittish European shares lower

Spanish and Italian indexes led European shares lower on Thursday as investors cashed in on the star performers this year after some disappointing data and more jittery market conditions. Spain's Ibex 35 and Italy's FTSE MIB, the best performers among maj
Published 11 Apr, 2014 12:00am
South Korean stocks climbs

South Korean stocks climbs

Seoul shares rose on Thursday to close above the important 2,000-point level for the first time this year, and the won pared much of its earlier gains on dollar-buying intervention by local authorities and profit taking. Risk appetite, which got a boost f
Published 11 Apr, 2014 12:00am
Banks keep FTSE steady

Banks keep FTSE steady

Britain's top share index traded just above flat on Thursday, buoyed by the banking sector after the Federal Reserve indicated it would keep interest rates lower for longer than previously anticipated. The FTSE 100 was up just 6.36 points or 0.1 percent a
Published 11 Apr, 2014 12:00am
Yuan weakens

Yuan weakens

China's yuan slipped on Thursday after exports declined for a second consecutive month in March, but some economists partly blamed intense yuan speculation last year for artificially inflating trade figures then and distorting comparisons now. Spot yuan s
Published 11 Apr, 2014 12:00am
Dollar falls in Asia

Dollar falls in Asia

The dollar hit a three-week low versus a basket of major currencies on Thursday after minutes from the Federal Reserve's March meeting disappointed dollar bulls, while the Aussie dollar surged on data showing solid Australian jobs growth. Minutes of the F
Published 11 Apr, 2014 12:00am
Dollar index falls to three-week lows in London

Dollar index falls to three-week lows in London

The dollar fell to three-week lows versus the yen and the Swiss franc on Thursday after minutes of the Federal Reserve's March meeting disappointed investors positioned for a gradual tightening in monetary policy. The Swedish crown was the big mover in Eu
Published 11 Apr, 2014 12:00am
Early trade in New York: dollar drops versus yen, Swiss franc

Early trade in New York: dollar drops versus yen, Swiss franc

The dollar dropped to three-week lows against the yen and the Swiss franc on Thursday after minutes of the Federal Reserve's March meeting disappointed investors positioned for a gradual tightening in monetary policy. The greenback has fallen versus the y
Published 11 Apr, 2014 12:00am
Dollar slides versus euro, Swiss franc in New York

Dollar slides versus euro, Swiss franc in New York

The dollar dropped to more than two week-lows against the euro and Swiss franc on Wednesday after minutes of the latest Federal Reserve monetary policy meeting suggested that the US central bank may not raise interest rates anytime soon. The minutes of th
Published 11 Apr, 2014 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Wednesday. 77.67-77.67 (77.67-77.67). Call Money Rates: 07.15-08.25 percent (previous 05.25-08.50 percent). ( revised).
Published 11 Apr, 2014 12:00am
Aussie and New Zealand dollar surge

Aussie and New Zealand dollar surge

The Australian dollar climbed to a 4-1/2-month peak on Thursday as startlingly strong jobs data added to the case for a steady interest rate outlook, while the New Zealand dollar climbed to a 2-1/2-year high following another upbeat economic report. The A
Published 11 Apr, 2014 12:00am
Indian rupee ends little changed

Indian rupee ends little changed

The Indian rupee ended little changed on Thursday as caution prevailed ahead of a slew of economic data, while dollar demand by state-run banks, which traders attributed to defence and oil-related payments, weighed on sentiment. "Biggest factor for INR mo
Published 11 Apr, 2014 12:00am
Asian forex: rupiah suffers poll setback

Asian forex: rupiah suffers poll setback

The Indonesian rupiah eased on Thursday after the main opposition party failed to score enough votes in a parliamentary election to nominate its popular candidate for a presidential poll in July without support from other parties, raising chances of polit
Published 11 Apr, 2014 12:00am
Sterling down against dollar

Sterling down against dollar

Sterling inched down versus the dollar on Thursday but stayed within sight of 2014 peaks after hitting its highest in almost two months, helped by a slide in the US currency this week that has surprised many in global markets. A number of major banks had
Published 11 Apr, 2014 12:00am
Blixt, Jimenez share early Masters edge

Blixt, Jimenez share early Masters edge

Sweden's Jonas Blixt, making his Masters debut, and Spain's Miguel Angel Jimenez shared the early lead Thursday at the 78th Masters, each standing three-under par at Augusta National. Blixt, who could become the first Swedish man to win a major golf title
Published 11 Apr, 2014 12:00am
Pietersen says still hoping for Test comeback

Pietersen says still hoping for Test comeback

Sacked batting star Kevin Pietersen still hopes to return to international cricket and become the first England player to score 10,000 Test runs, according to an interview published Thursday. The 33-year-old Pietersen also insisted that former England ski
Published 11 Apr, 2014 12:00am
Germany's Brown ousts Isner

Germany's Brown ousts Isner

Germany's Dustin Brown upset top seeded American John Isner in three sets to reach the quarter-finals of the US men's clay court championships on Wednesday. The world number 101 Brown outlasted the hard-hitting defending champ Isner 6-4, 6-7 (7/9), 7-6 (7
Published 11 Apr, 2014 12:00am
Poels wins Basque fourth stage

Poels wins Basque fourth stage

Dutch rider Wouter Poels of the Omega Pharma-QuickStep team won the fourth stage of the Tour of the Basque Country on Thursday as Alberto Contador maintained his overall lead. However, Spanish star Contador, of the Tinkoff-Saxo team, saw his compatriot Al
Published 11 Apr, 2014 12:00am
Bayern in semis

Bayern in semis

A schoolboy lapse in concentration and a bad miss by Wayne Rooney wrecked Manchester United's hopes of causing a huge Champions League upset against holders Bayern Munich at the Allianz Arena on Wednesday. When United went ahead in the quarter-final secon
Published 11 Apr, 2014 12:00am
Atletico stun Barca to claim last-four berth

Atletico stun Barca to claim last-four berth

Atletico Madrid tamed Lionel Messi and Neymar to send La Liga rivals Barcelona crashing out of the Champions League after Koke's early goal secured a shock 2-1 aggregate success at the Calderon on Wednesday. After last week's quarter-final, first leg in B
Published 11 Apr, 2014 12:00am
Australia return to Zimbabwe for one-day tournament

Australia return to Zimbabwe for one-day tournament

Australia will return to Zimbabwe for the first time in a decade later this year to take part in a triangular one-day international tournament, Zimbabwe Cricket said on Thursday. The Australians have not toured the country since May 2004, but will open th
Published 11 Apr, 2014 12:00am
Asafa Powell handed 18-month doping ban

Asafa Powell handed 18-month doping ban

Former 100m world record-holder Asafa Powell was handed an 18-month suspension on Thursday for his positive test for a banned stimulant. Powell and training partner Sherone Simpson tested positive for oxilofrine after the 100m finals at the Jamaican natio
Published 11 Apr, 2014 12:00am
COMSATS-Lancaster Cricket Championship CIIT Islamabad reach final

COMSATS-Lancaster Cricket Championship CIIT Islamabad reach final

COMSATS Institute of Information Technology (CIIT) Islamabad defeated COMSATS Institute of Information Technology Lahore by 5 runs in a nail-biting encounter and qualified for the final of COMSATS-Lancaster Cricket Championship 2014, here on Thursday.
Published 11 Apr, 2014 12:00am
Afghan cricketers to train in Pakistan

Afghan cricketers to train in Pakistan

Afghanistan's fast-rising cricket team will train in Pakistan under the guidance of two former international captains as they prepare for their maiden World Cup appearance next year, their coach said Thursday. Aamir Sohail will help the batsmen while Rash
Published 11 Apr, 2014 12:00am
Wasim wants boot camp for Pakistan World Cup hopes

Wasim wants boot camp for Pakistan World Cup hopes

Former Pakistan great Wasim Akram Thursday said players heading for the 2015 World Cup in Australia and New Zealand should sweat it out at a boot camp to boost their chances of victory. Pakistan are in Group B of the World Cup alongside arch-rivals India,
Published 11 Apr, 2014 12:00am
SU announces results

SU announces results

The Controller of Annual Examinations University of Sindh has announced the result of BA (Pass) Part-I annual examination 2013. According to a press statement issued here, a total number of 18,949 students filled in their examination forms to appear in th
Published 11 Apr, 2014 12:00am
UBL reaches out to famine-hit people in Thar

UBL reaches out to famine-hit people in Thar

Whenever Pakistan as a nation has faced a crisis, UBL has been at the forefront to give out to and hence assist the affected, the displaced and the unfortunate. The famine in Thar has left hundreds of thousands of families adversely affected in its wake.
Published 11 Apr, 2014 12:00am
1300 students conferred degrees at 17th SSUET convocation

1300 students conferred degrees at 17th SSUET convocation

Some 1300 students were conferred degree in different disciplines at the 17th convocation of Sir Syed University of Engineering and Technology (SSUET) held at Expo Centre, here on Thursday. High achievers were also awarded gold, silver and bronze medals f
Published 11 Apr, 2014 12:00am
KCCI urges government to revive 2000 sick industrial units

KCCI urges government to revive 2000 sick industrial units

President, Karachi Chamber of Commerce and Industry (KCCI), Abdullah Zaki, has said that the government can revive the over 2000 sick industrial units across the country through provision of resources, which will result in boosting trade and industry in t
Published 11 Apr, 2014 12:00am
Man gunned down in Quetta

Man gunned down in Quetta

Unknown armed men on Thursday shot dead a man in the provincial capital, police confirmed. They said that armed motorcyclists opened fire at Maulvi Khalil Ahmed, in the Musa Colony of Quetta. As a result, he died on the spot. The assailants managed to esc
Published 11 Apr, 2014 12:00am
Bahria Town defends flyover project

Bahria Town defends flyover project

Bahria Town on Thursday defended the construction of a flyover near Abdullah Shah Gazi shrine in Clifton, stating before Sindh High Court that the project would not cause any adverse impact on environment. Advocate Akhtar Hussian, representing Bahria Town
Published 11 Apr, 2014 12:00am
Call to develop 1000 acres earmarked for Gwadar EPZ initially

Call to develop 1000 acres earmarked for Gwadar EPZ initially

The second meeting of Advisory Committee on Gwadar EPZ was held on April 9 to advise and monitor fast tracking progress of Gwadar Export Processing Zone. The meeting was chaired by Rabiya Javeri Agha, Chairperson EPZA. She welcomed the participants of the
Published 11 Apr, 2014 12:00am
South Asia Sufism protected Iranian culture: Professor Robins

South Asia Sufism protected Iranian culture: Professor Robins

Professor Francis Robinson, a notable writer of several books on the Islamic culture and professor of history of South Asia said, "Persian-Islamic culture stands specifically identified, mingled only in part with Indian world where it was placed". Robins
Published 11 Apr, 2014 12:00am
PHMA opposes levy of duty on yarn import

PHMA opposes levy of duty on yarn import

Central Chairman, Pakistan Hosiery Manufacturers & Exporters Association, (PHMA), Shahzad Azam Khan, has expressed concerns over the government's expected move to impose duty on import of yarn. In a letter to Federal Textile Minister, he said the impositi
Published 11 Apr, 2014 12:00am
Emirates brings world's largest passenger aircraft to DFW

Emirates brings world's largest passenger aircraft to DFW

Emirates, a global connector of people and places recently announced that it will bring its iconic Airbus A380 to Dallas/Fort Worth International Airport (DFW), launching the first scheduled A380 service at the airport. On October 1st 2014, the world's la
Published 11 Apr, 2014 12:00am
K-Electric rejects report against top management

K-Electric rejects report against top management

K-Electric (Formerly KESC) has categorically rejected the false accusations made in a negative report appearing on April 10, in which it was claimed that certain key management figures at KE are inappropriate and on non-technical basis.
Published 11 Apr, 2014 12:00am
Islamabad police asked to enhance security measures

Islamabad police asked to enhance security measures

Islamabad police authorities have directed to enhance security measures in the city with the focus on effective coordination among various wings of the force so that sensitive information can be shared in time and prompt action to be taken in return. AIG
Published 11 Apr, 2014 12:00am
Waqarul Hassan's murder condemned

Waqarul Hassan's murder condemned

Punjab Chief Minister Shahbaz Sharif has strongly condemned murder of Waqarul Hassan Zaidi, Vice President PML-N Lawyers Wing as a result of firing in Karachi. In a condolence message, the Chief Minister prayed that may Allah Almighty rest the departed so
Published 11 Apr, 2014 12:00am
Prime Minister AJK condemns blast

Prime Minister AJK condemns blast

Prime Minister of Azad Jammu and Kashmir (AJK) Chaudhry Abdul Majeed condemned Islamabad Fruit and Vegetable Market 'Sabzi Mandi' blast that killed at least 24 persons and injured many others. On Thursday, in a statement while talking to a delegation at K
Published 11 Apr, 2014 12:00am
Islamabad blast: Prime Minister announces compensation

Islamabad blast: Prime Minister announces compensation

Prime Minister Muhammad Nawaz Sharif on Thursday approved Rs 500,000 each as compensation for the families of those who were killed in the Islamabad Sabzi Mandi blast. According to a Prime Minister's Office statement issued here, the injured would get Rs
Published 11 Apr, 2014 12:00am
14 suspects arrested in Sabzi Mandi blast case

14 suspects arrested in Sabzi Mandi blast case

The city police arrested 14 suspects in connection with Sabzi Mandi blast in which 24 people had lost their lives and several others injured. Sources said the police teams including personnel of crime investigation agency during various raids in the city
Published 11 Apr, 2014 12:00am