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Apr 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-04-30
Infants Hajj charges fixed at Rs 11,920: notification issued

Infants Hajj charges fixed at Rs 11,920: notification issued

The successful parents will pay Hajj dues ranging from Rs 10,920 to Rs 11,920 for accompanying infants to Hajj 2014. According to a notification issued by Ministry of Religious Affairs and Interfaith Harmony, Rs 10,920 has been fixed as Hajj dues for the
Published 30 Apr, 2014 12:00am
PSO records Rs 1.02 trillion sales revenue

PSO records Rs 1.02 trillion sales revenue

The Board of Management (BoM) of Pakistan State Oil Company Limited (PSOCL) convened on Tuesday at the PSO headquarters, to review the company's performance for the nine months period ended March 31, 2014. In the period under review, PSO's sales revenue c
Published 30 Apr, 2014 12:00am
PSO records Rs 1.02 trillion sales revenue

PSO records Rs 1.02 trillion sales revenue

The Board of Management (BoM) of Pakistan State Oil Company Limited (PSOCL) convened on Tuesday at the PSO headquarters, to review the company's performance for the nine months period ended March 31, 2014. In the period under review, PSO's sales revenue c
Published 30 Apr, 2014 12:00am
LUMHS to set up Institute of Pharmacy

LUMHS to set up Institute of Pharmacy

The Vice Chancellor LUMHS Professor Noshad A Shaikh has announced to establish a state of the art "Institute of Pharmacy" at Liaquat University of Medical & Health Sciences Jamshoro which shall be inaugurated in the month of August, 2014 and the first bat
Published 30 Apr, 2014 12:00am
PFMA calls off strike

PFMA calls off strike

Pakistan Flour Mills Association (PFMA) on Tuesday announced to call off the strike following the government's assurances of accepting its demands. The PFMA's Sindh Chapter's President, Haji Muhammad Yousaf, said that dispute between PFMA and Sindh Food d
Published 30 Apr, 2014 12:00am
Arshad appointed vice chairman FPCCI body

Arshad appointed vice chairman FPCCI body

President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Zakaria Usman, has appointed Arshad Tanveer former Vice Chairman APTPMA as Vice Chairman of FPCCI standing committee on Diplomatic Affairs 2014 and senior vice chairman of FPCCI
Published 30 Apr, 2014 12:00am
Ministry asked to hold quota allocation for private Hajj operators

Ministry asked to hold quota allocation for private Hajj operators

A parliamentary panel on Tuesday directed the Ministry of Religious Affairs and Interfaith Harmony (MORA) to temporarily hold Hajj quota allocation of as many as 19 private Hajj operators and sought comprehensive details about the companies' profiles till
Published 30 Apr, 2014 12:00am
Research urged to realise objectives of higher education

Research urged to realise objectives of higher education

The speakers in a lecture programme on 'research method' organised by the Department of Political Science, University of Sindh (SU) has stressed the need to conduct a maximum research in every discipline in the universities in order to get the objectives
Published 30 Apr, 2014 12:00am
FBR holds taxpayers facilitation workshop in Faisalabad

FBR holds taxpayers facilitation workshop in Faisalabad

Facilitation and Taxpayer Education Wing of FBR held a workshop on e-portal services and role & responsibilities of withholding agents at Regional Tax Office (RTO), Faisalabad on Tuesday. Shaukat Mahmood Chief Commissioner RTO Faisalabad hosted the worksh
Published 30 Apr, 2014 12:00am
LCCI greets newly appointed SBP governor

LCCI greets newly appointed SBP governor

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday felicitated newly appointed governor of the State Bank of Pakistan Ashraf Mahmood Wathra and hoped that as an experienced economist, he would utilise his best abilities for progress of the nati
Published 30 Apr, 2014 12:00am
Potato puzzle

Potato puzzle

The recent uproar about the steep rise in the prices of potatoes certainly stands to reason because of massive consumption of the commodity in the country, like everywhere else, and its huge impact on the household budgets of ordinary people. Soaring from
Published 30 Apr, 2014 12:00am
Returning to same page

Returning to same page

Two months on the much vaunted peace talks with Taliban are leading nowhere, an anxiety that must have pushed the prime minister to revisit the process. There is not a break in the incidence of either rampant terrorism or any clear move on the part of Teh
Published 30 Apr, 2014 12:00am
Overseas Pakistanis are ambassadors: chief minister Punjab

Overseas Pakistanis are ambassadors: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has said that overseas Pakistani are the ambassadors of the country and Punjab government has decided to set up a fully empowered commission for the solution of their problems. "Pakistanis living in different
Published 30 Apr, 2014 12:00am
Abu Dhabi refuses to hand over absconders: Supreme Court told

Abu Dhabi refuses to hand over absconders: Supreme Court told

The Supreme Court was informed on Tuesday that Abu Dhabi has refused to accept Pakistan's extradition plea for handing over two absconders implicated in the assassination of former Pakistan Bar Council (PBC) Advocate Nasrullah Warraich in Lahore in 2012.
Published 30 Apr, 2014 12:00am
National Assembly body resents absence of PIA chief, other officials

National Assembly body resents absence of PIA chief, other officials

National Assembly's standing committee on Parliamentary Affairs has expressed resentment over the absence of Pakistan International Airlines (PIA) chairman and denial by the national flag carrier for provision of traveller cards, instead of air tickets to
Published 30 Apr, 2014 12:00am
Gang involved in mega tax fraud busted

Gang involved in mega tax fraud busted

The Directorate of Intelligence & Investigation Inland Revenue (IR), Faisalabad on Tuesday busted another organised gang involved in mega tax fraud and registration of fake /dummy units within the textile sector. Sources said on Tuesday that a comprehensi
Published 30 Apr, 2014 12:00am
Khyber Pakhtunkhwa to establish 350 small hydel power stations: Khattak

Khyber Pakhtunkhwa to establish 350 small hydel power stations: Khattak

KP Chief Minister Pervez Khattak has said that for arresting energy crisis the provincial government has framed a comprehensive policy. Under the policy, he said the provincial government will establish 350 small hydel power stations in the northern distr
Published 30 Apr, 2014 12:00am
BSO-Azad Chairman: HRCP concerned over disappearance

BSO-Azad Chairman: HRCP concerned over disappearance

The Human Rights Commission of Pakistan (HRCP) has expressed serious alarm at the disappearance of Baloch Student Organisation-Azad (BSO-Azad) Chairman Zahid Baloch, who was picked up in Quetta last month, and demanded his safe and immediate release. In a
Published 30 Apr, 2014 12:00am
Towards solar roofs

Towards solar roofs

In urban areas, there is generally no land for ground-mounted systems and if there is some, its actual or opportunity cost may be prohibitive. Urban areas are full of roofs which are generally unutilised and are available as free spaces. There are three t
Published 30 Apr, 2014 12:00am
'Left behind' workers desert EU socialists for populists

'Left behind' workers desert EU socialists for populists

With his square-jawed good looks, easy smile and way with words, Edouard Martin could have been a Hollywood movie star. But the steel worker and trade union activist who confronted Presidents Nicolas Sarkozy and Francois Hollande to defend jobs at a doome
Published 30 Apr, 2014 12:00am
EU, US in cautious lockstep on Russia sanctions

EU, US in cautious lockstep on Russia sanctions

The United States has been moving cautiously in slapping sanctions on Russia over the Ukraine crisis, keen to keep its EU allies on board and avoid exposing fault lines within the European bloc, analysts say. Washington on Monday unveiled a raft of new sa
Published 30 Apr, 2014 12:00am
PLO-Hamas deal

PLO-Hamas deal

Apropos 'PLO-Hamas reconciliation', carried by Business Recorder on April 26, one needs to summarise the situation in one line: PLO and Hamas gain sanity at last. The PLO-Hamas deal came less than a week short of the April 29 deadline for the US-br
Published 30 Apr, 2014 12:00am
OIC to establish one global Halal standard

OIC to establish one global Halal standard

OIC (Organisation of Islamic Co-operation), the international body representing all Muslim countries of the world took the initiative to establish one Halal standard throughout the world; this was announced by Secretary General, Halal Association of Pakis
Published 30 Apr, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
Site industrial area faces acute water shortage

Site industrial area faces acute water shortage

The Site industrial area, which houses over 3,000 factories, is facing acute water shortage, resulting in production losses and closure of some units, industrialists said. Industrialists asserted that the problem was not linked to power breakdowns because
Published 30 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
Tariff increase: Ogra reserves decision on SSGCL plea

Tariff increase: Ogra reserves decision on SSGCL plea

The Oil and Gas Regulatory Authority (Ogra) on Tuesday reserved the decision on Sui Southern Gas Company Limited (SSGCL) request for increase in gas tariff by Rs 51.58 per mmbtu for financial year 2014-15. The Ogra is conducting a public hearing in Karach
Published 30 Apr, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (April 29, 2014).

Published 30 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 29, 2014).

Published 30 Apr, 2014 12:00am
Martyrs' Day: Zardari pays tributes to national heroes

Martyrs' Day: Zardari pays tributes to national heroes

Former President Asif Ali Zardari has said the nation salutes its martyrs who laid down their lives in defence of the country. On the eve of martyrs' Day on Wednesday, former President, paying glowing tributes to those who had sacrificed their lives, said
Published 30 Apr, 2014 12:00am
Power outages trigger protests across country

Power outages trigger protests across country

Soon after the mercury started soaring, people took to the streets in different parts of the country protesting against prolonged power outages with the gap between supply and demand widening while Water and Power Ministry and its attached organisations a
Published 30 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 29, 2014).

Published 30 Apr, 2014 12:00am
Anti-encroachment drive: shopkeepers accuse DMCs of harassment

Anti-encroachment drive: shopkeepers accuse DMCs of harassment

Some officials of District Municipal Corporations (DMCs) are allegedly indulging in loot and plunder in the name of ongoing anti-encroachment campaign in city, it emerged. However, anti-encroachment taskforce of Karachi Metropolitan Corporation (KMC) has
Published 30 Apr, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Apr, 2014 12:00am
PN ship visits Bulgaria to take part in Black Sea Regatta

PN ship visits Bulgaria to take part in Black Sea Regatta

Pakistan Navy (PN) ship PNS 'Rahnaward' will take part in a race from Varna port, Bulgaria, across the Black Sea to Novorossiysk, Russia from April 30 to May 3. Pakistan Embassy in Bulgaria has made special arrangements for the participation of PN ship in
Published 30 Apr, 2014 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 30 Apr, 2014 12:00am
QWP slams PTI for poor performance in Khyber Pakhtunkhwa

QWP slams PTI for poor performance in Khyber Pakhtunkhwa

Qaumi Watan Party (QWP) provincial chairman, Sikandar Khan Sherpao has criticised the PTI-led government for its poor performance during last nine months in the KP. He said this while addressing a press conference at Peshawar Press Club on Tuesday. On the
Published 30 Apr, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
The Weather

The Weather

The weather report on Tuesday (April 29, 2014) and the forecast for Wednesday (April 30, 2014).

Published 30 Apr, 2014 12:00am
Three militants killed in Khyber Agency

Three militants killed in Khyber Agency

Three militants were killed and two security personnel injured in a clash in Khyber Agency on Tuesday. Sources said security forces launched an operation on a tip-off about the presence of militants in Khawjal Khel area of Tehsil Landi Kotal. The sources
Published 30 Apr, 2014 12:00am
KTBA seeks time extension in ST incentive package

KTBA seeks time extension in ST incentive package

Karachi Tax Bar Association (KTBA) has requested to extend time in sales tax incentive package announced by the Sindh government. In a letter sent to Chief Minister, Syed Qaim Ali Shah, KTBA said an incentive Package, which was announced after a detailed
Published 30 Apr, 2014 12:00am
58 alleged criminals held during 24 hours

58 alleged criminals held during 24 hours

Karachi police on Monday claimed to have arrested around 58 alleged criminals in different targeted raids conducted in various parts of metropolis during last 24 hours. Police claimed to have conducted 80 targeted raids and an encounter against criminals
Published 30 Apr, 2014 12:00am
Euronext gives delivery silos leeway on wheat quality

Euronext gives delivery silos leeway on wheat quality

Traders on Tuesday criticised a move by the Euronext market to grant silos taking delivery of wheat from expired milling wheat futures the right to toughen quality criteria from those in the original contract. The exchange on Monday announced an agreement
Published 30 Apr, 2014 12:00am
Lebanon seeks to buy wheat

Lebanon seeks to buy wheat

The lowest offer in the Lebanese government's tender to purchase 30,000 tonnes of milling wheat which closed on Tuesday was $309.94 a tonne c&f believed to be for Ukrainian origin wheat, European traders said. This was followed by a separate offer of $310
Published 30 Apr, 2014 12:00am
Collision between institutions not in favour of government: Khursheed

Collision between institutions not in favour of government: Khursheed

Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah said that Pakistan Muslim League-Nawaz (PML-N) government should consult opposition parties on foreign policymaking, claiming that it is also not clear on negotiations with Taliban. "
Published 30 Apr, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Tuesday at Pakistan Mercantile Exchange (PMEX) the value traded was PKR 2,369 million. The numbers of lots traded were 13,734 and PMEX index closed at 2,996. Major business was contributed by gold amounting to PKR 1,171 million, followed by crude oil (
Published 30 Apr, 2014 12:00am
Collision between institutions not in favour of government: Khursheed

Collision between institutions not in favour of government: Khursheed

Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah said that Pakistan Muslim League-Nawaz (PML-N) government should consult opposition parties on foreign policymaking, claiming that it is also not clear on negotiations with Taliban. "
Published 30 Apr, 2014 12:00am
Rouhani defends plan for nuclear deal with West

Rouhani defends plan for nuclear deal with West

President Hassan Rouhani defended a potential nuclear deal with the West on Tuesday, insisting that an agreement would benefit the majority of Iranians, while encountering resistance. In a primetime interview lasting 90 minutes, Rouhani, who is under grow
Published 30 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 30 Apr, 2014 12:00am
Rouhani defends plan for nuclear deal with West

Rouhani defends plan for nuclear deal with West

President Hassan Rouhani defended a potential nuclear deal with the West on Tuesday, insisting that an agreement would benefit the majority of Iranians, while encountering resistance. In a primetime interview lasting 90 minutes, Rouhani, who is under grow
Published 30 Apr, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 30 Apr, 2014 12:00am
Stocks fall for second day

Stocks fall for second day

Stocks declined for a second day in a row Tuesday, weighed by disappointing corporate results and uncertainty over talks with TTP. The benchmark KSE-100 Index lost 255 points to close at 28,436.59 points against 28,691.62 points Monday.
Published 30 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 30 Apr, 2014 12:00am
Stocks fall for second day

Stocks fall for second day

Stocks declined for a second day in a row Tuesday, weighed by disappointing corporate results and uncertainty over talks with TTP. The benchmark KSE-100 Index lost 255 points to close at 28,436.59 points against 28,691.62 points Monday.
Published 30 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 30 Apr, 2014 12:00am
Stocks fall for second day

Stocks fall for second day

Stocks declined for a second day in a row Tuesday, weighed by disappointing corporate results and uncertainty over talks with TTP. The benchmark KSE-100 Index lost 255 points to close at 28,436.59 points against 28,691.62 points Monday.
Published 30 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 30 Apr, 2014 12:00am
BRIndex30 loses 166.79 points

BRIndex30 loses 166.79 points

On Tuesday, BRIndex30 opened at 16,648.47. It touched an intraday high of 16,683.49 and an intraday low of 16,335.83 and closed at 16,481.68 which was -166.79 points or -1 percent lower than previous close. Total volume was 93,949,500, which was 53.57 per
Published 30 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 Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
BRIndex30 loses 166.79 points

BRIndex30 loses 166.79 points

On Tuesday, BRIndex30 opened at 16,648.47. It touched an intraday high of 16,683.49 and an intraday low of 16,335.83 and closed at 16,481.68 which was -166.79 points or -1 percent lower than previous close. Total volume was 93,949,500, which was 53.57 per
Published 30 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 Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
Youm-e-Shuhada today

Youm-e-Shuhada today

Pakistan Army will observe April 30 as Youm-e-Shuhada (Day of Martyrs) in recognition to those valiant soldiers who laid their lives for the defence of the motherland. Chief of Army Staff (CoAS) General Raheel Sharif will lay a wreath at Yadgar-e-Shuhada
Published 30 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 Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
Youm-e-Shuhada today

Youm-e-Shuhada today

Pakistan Army will observe April 30 as Youm-e-Shuhada (Day of Martyrs) in recognition to those valiant soldiers who laid their lives for the defence of the motherland. Chief of Army Staff (CoAS) General Raheel Sharif will lay a wreath at Yadgar-e-Shuhada
Published 30 Apr, 2014 12:00am
Apple, Samsung make final pitches in high-stakes trial

Apple, Samsung make final pitches in high-stakes trial

Apple and Samsung made their final pitches to jurors on Tuesday in a big-money smartphone patent trial playing out in the heart of Silicon Valley. In a new trial following up on a landmark 2012 case in the same courtroom, Apple attorneys argued that Samsu
Published 30 Apr, 2014 12:00am
Hashwani receives prestigious Belgian Order

Hashwani receives prestigious Belgian Order

Ambassador of the Kingdom of Belgium to Pakistan Peter Claes officially presented Sadruddin Hashwani with the jewel and diploma of Knight-Commander in the Order of Leopold-II during an official ceremony, here on Tuesday. The prestigious national order was
Published 30 Apr, 2014 12:00am
ISE index drops by 41.98 points

ISE index drops by 41.98 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 41.98 points as the ISE Ten Index moved from 4,519.69 to 4,477.71 points. The ov
Published 30 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 Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
ISE index drops by 41.98 points

ISE index drops by 41.98 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Tuesday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 41.98 points as the ISE Ten Index moved from 4,519.69 to 4,477.71 points. The ov
Published 30 Apr, 2014 12:00am
LSE index sheds 50.34 points

LSE index sheds 50.34 points

Bearish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities suffered losses amid ascending transaction volume on account of selling pressure. The LSE-25 index lost 50.34 points to close at 5174.04 against 5224.38 of Monday while
Published 30 Apr, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (April 29, 2014).
Published 30 Apr, 2014 12:00am
LSE index sheds 50.34 points

LSE index sheds 50.34 points

Bearish sentiments dominated on the Lahore Stock Exchange on Tuesday and the equities suffered losses amid ascending transaction volume on account of selling pressure. The LSE-25 index lost 50.34 points to close at 5174.04 against 5224.38 of Monday while
Published 30 Apr, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (April 29, 2014).

Published 30 Apr, 2014 12:00am
Commodities' trade: no mechanism in Punjab to regulate prices: experts

Commodities' trade: no mechanism in Punjab to regulate prices: experts

There is no price regulatory body, mechanism and long-term policy of the Punjab government to control prices of essential eatable commodities that are completely manipulated by traders, hoarders and profiteers. Market experts and agronomist told Busine
Published 30 Apr, 2014 12:00am
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