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Print - 2014-05-16
CoAS greets Rai Haris for record O level result

CoAS greets Rai Haris for record O level result

Acknow-ledging the nine-year old Pakistani World Record holder, Chief of Army Staff (CoAS), General Raheel Sharif congratulated the high achiever Rai Haris Manzoor, for record result in O level exams at the youngest age, said an ISPR press release issued
Published 16 May, 2014 12:00am
President reiterates commitment to uplift works in AJK

President reiterates commitment to uplift works in AJK

President Mamnoon Hussain on Thursday reiterated commitment of the government towards development of Azad Jammu and Kashmir and welfare of its people and said all possible steps being taken for the socio-economic development of Azad Kashmir. The President
Published 16 May, 2014 12:00am
APCNGA rejects gas load management schedule

APCNGA rejects gas load management schedule

The All Pakistan CNG Association (APCNGA) on Thursday rejected latest gas load management schedule, terming it faulty and inconsistent with ground realities, which is disturbing masses and bankrupting CNG operators. The newly-introduced schedule has infli
Published 16 May, 2014 12:00am
SSP Traffic Peshawar made OSD

SSP Traffic Peshawar made OSD

The Inspector General of Police, Khyber Pakhtunkhwa, has made SSP Traffic Peshawar Khalid Mehmood Hamdani Officer on Special Duty (OSD) on unsatisfactory performance. While Faisal Shahzad has been transferred and posted as new SSP Traffic Peshawar with im
Published 16 May, 2014 12:00am
Competition Law: 'effective enforcement must for consumer welfare'

Competition Law: 'effective enforcement must for consumer welfare'

The effective enforcement of the Competition Law is a must for ensuring consumer welfare as well as creating an enabling environment for business and industrial growth as it encourages enterprise and efficiency while discouraging anti-competitive practice
Published 16 May, 2014 12:00am
Waiver of ban on textile imports likely

Waiver of ban on textile imports likely

US Deputy Counsellor for Economic Affairs Susan McFee on Thursday called on the Federal Minister for Textile Industry Abbas Khan Afridi, wherein they discussed implementation of international labour standards in Pakistan in detail. The Deputy Counsellor a
Published 16 May, 2014 12:00am
Second half of May: PAC informed of 8 hrs' loadshedding plan

Second half of May: PAC informed of 8 hrs' loadshedding plan

The country will start facing up to 8 hours load-shedding from second half of May if power plants would continue supplying oil and gas for power generation, the Ministry of Water and Power informed Public Accounts Committee (PAC) on Thursday.
Published 16 May, 2014 12:00am
Clash near Wapda Colony: PTI worker killed, five hurt in Bannu

Clash near Wapda Colony: PTI worker killed, five hurt in Bannu

A Pakistan Tehrik-e-Insaf (PTI) worker was killed and five others injured when police and supporters of accused arrested on the charge of power theft clashed near Wapda Colony here on Thursday. According to details, the police with the help of Pesco raidi
Published 16 May, 2014 12:00am
Brazilian embassy opens admissions under PEC-G Program

Brazilian embassy opens admissions under PEC-G Program

Pakistani students that are finishing their college can apply for an opportunity of having their university studies done in Brazil, with tuition costs covered by the Brazilian Government, through the Program for Exchange Students - Undergraduate (PEC-G).
Published 16 May, 2014 12:00am
Dastgir, US official discuss economic cooperation

Dastgir, US official discuss economic cooperation

Pakistan and the United States discussed bilateral economic co-operation, when US Deputy National Security Advisor (NSA) for International Economic Affairs Caroline Atkinson called on Minister for Commerce Engineer Khurram Dastgir Khan. Atkinson referred
Published 16 May, 2014 12:00am
'US help not beneficial to trade normalisation with India'

'US help not beneficial to trade normalisation with India'

Growers said the support of USA would not be beneficial for trade normalisation for Pakistan with India, unless government of Pakistan would extend sufficient subsidy on agriculture sector as neighbouring country is doing. President Sindh Chamber of Agric
Published 16 May, 2014 12:00am
KPT remains productive over 10 months of this fiscal year

KPT remains productive over 10 months of this fiscal year

The last 10 months of current financial year, July 2013 to April 2014, has remained very productive, performance wise, for the Karachi Port Trust. The port handled 5.9 percent more cargo during the first 10 months of present financial year 2013-14 in comp
Published 16 May, 2014 12:00am
NIB Bank integrates treasury, capital markets solution

NIB Bank integrates treasury, capital markets solution

Misys, the global leader in treasury and capital markets solutions, has announced that NIB Bank in Pakistan has implemented Misys Opics Plus and Opics Risk Plus in its Treasury and Risk Department. NIB Bank needed to automate treasury processes for FX, mo
Published 16 May, 2014 12:00am
NIB Bank integrates treasury, capital markets solution

NIB Bank integrates treasury, capital markets solution

Misys, the global leader in treasury and capital markets solutions, has announced that NIB Bank in Pakistan has implemented Misys Opics Plus and Opics Risk Plus in its Treasury and Risk Department. NIB Bank needed to automate treasury processes for FX, mo
Published 16 May, 2014 12:00am
Altaf grieved over deaths in Turkey mine blast

Altaf grieved over deaths in Turkey mine blast

Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has expressed his deep sorrow and grief over the deaths in Turkey mine blast. In a statement issued by MQM here on Thursday, Altaf said "this is the worst mining disaster in the history of Turkey which ha
Published 16 May, 2014 12:00am
Sindh government set to relax ban on fishing in June

Sindh government set to relax ban on fishing in June

The coastal creeks of the province are all set to undergo overexploitation this year too as the Sindh government is about to issue a decree to relax fishing ban in June. "The overexploited sea is again not finding a sigh of relief as fishermen, boat owner
Published 16 May, 2014 12:00am
Federal & Provincial Budgets 2014-15: MAP organises discussion forum

Federal & Provincial Budgets 2014-15: MAP organises discussion forum

Management Association of Pakistan (MAP), keeping up with its tradition of offering value to its membership, held a 'Discussion Forum for the Federal and Provincial Budgets 2014-15' recently at Movenpick hotel Karachi. Amir Jamil Abbasi, Partner KPMG & Ho
Published 16 May, 2014 12:00am
SRPA urges Sindh government to impose educational emergency

SRPA urges Sindh government to impose educational emergency

Retired professors have urged Sindh government to impose education emergency in the province to improve the educational system, adding that retired professors would extend all-out support to the government in this regard.
Published 16 May, 2014 12:00am
Met Office forecasts widespread rain for next 24 hours

Met Office forecasts widespread rain for next 24 hours

The Met Office on Thursday forecast widespread rain and thundershower associated with strong gusty winds/dust storm in the country during the next 24 hours. "A well-marked low lies over Balochistan and adjoining area. A westerly wave is affecting central
Published 16 May, 2014 12:00am
Lyari Expressway victims: Rs 20 million compensation released, SHC told

Lyari Expressway victims: Rs 20 million compensation released, SHC told

The Sindh High Court (SHC) on Thursday was informed that the Sindh Finance Department had released Rs 20 million compensation for the affected people of Lyari Expressway project. Ahmed Pirzada, counsel for the Sindh Revenue Department, placed before the b
Published 16 May, 2014 12:00am
Forex reserves soar to $12.88 billion

Forex reserves soar to $12.88 billion

The total liquid foreign reserves of the country have increased to $12.88408 billion, State Bank of Pakistan said. The forex reserves held by State Bank on May 9, amounted to $8.01908 billion. The net forex reserves held by banks were $4.865 billion, said
Published 16 May, 2014 12:00am
KGMC holds annual literary events

KGMC holds annual literary events

The Literary Society of the Khyber Girls Medical College (KGMC) Hayatabad has arranged annual literary activities on Thursday. In this regard two colourful literary and cultural programmes were organised to highlight the importance of Pashto and Hindko la
Published 16 May, 2014 12:00am
BISP planning to send skilled youth to Gulf states

BISP planning to send skilled youth to Gulf states

After the restructuring of Waseela-e-Rozgar scheme, Benazir Income Support Programme (BISP) is planning to send skilled youth to Gulf countries during the upcoming financial year 2014-15. Talking to Business Recorder, Secretary BISP Rab Nawaz state
Published 16 May, 2014 12:00am
European nuclear scientists visit GCU

European nuclear scientists visit GCU

A team of the world renowned Compact Muon Solenoid (CMS) Experiment of European Organisation for Nuclear Research (CERN) has visited the Government College University (GCU), Lahore to discuss matters related to collaboration with Pakistani scientists.
Published 16 May, 2014 12:00am
Third International Halal Conference & Expo at Lahore from May 22

Third International Halal Conference & Expo at Lahore from May 22

University of Veterinary and Animal Sciences (UVAS) Lahore Vice-Chancellor Professor Dr Talat Naseer Pasha said the UVAS and Punjab Halal Development Agency (PHDA) are jointly organising "3rd International Halal Conference and Expo 2014" at the Internatio
Published 16 May, 2014 12:00am
135 polio vaccination, certification centres set up in Punjab

135 polio vaccination, certification centres set up in Punjab

Punjab Health department has set up 135 polio vaccination and certification centres including all airports, government hospitals and offices of EDOs Health across the province. Sources in the Health department told Business Recorder that in order t
Published 16 May, 2014 12:00am
Minister reviews anti-dengue measures

Minister reviews anti-dengue measures

Punjab Minister for Environment Colonel Shuja Khanzada (Retd) while presiding over a meeting regarding anti-dengue activities here on Thursday has directed all the Commissioners of the province and Town Municipal Officers (TMOs) of Lahore to ensure foolpr
Published 16 May, 2014 12:00am
GE donates furniture to government school

GE donates furniture to government school

GE has donated much-needed furniture to the Government Primary School for Boys, Deer Da Dogra, in District Sheikhupura. Local Member of the Provincial Assembly (MPA), Faizan Khalid Virk, Deputy District Education Officer (DDO), Saadia Imdaad, Senior Gener
Published 16 May, 2014 12:00am
'Mohtasib Punjab Pension Cell' set up at all districts

'Mohtasib Punjab Pension Cell' set up at all districts

Ombudsman Punjab, Javed Mahmood has set up "Mohtasib Punjab Pension Cell" at all districts of the province to safeguard the rights of pensioners, collect their complaints and dispose them of the same at district level. Advisors to Ombudsman Punjab at Regi
Published 16 May, 2014 12:00am
Seminar on 'Halal Awareness' held

Seminar on 'Halal Awareness' held

A one day seminar on "Halal Awareness & Research Council" was held at GC University Faisalabad in collaboration with department of Food Science Nitration and Home Economics. Vice-Chancellor of GCUF Professor Zakir Hussain was the chief guest of the semina
Published 16 May, 2014 12:00am
LSE Corporate Briefing Programme: Nishat Chunian Group takes part

LSE Corporate Briefing Programme: Nishat Chunian Group takes part

The senior management of Nishat Chunian Group visited The Lahore Stock Exchange to participate in the Corporate Briefing Programme (CBP). The Group comprises mainly two companies Nishat Chunian Limited (NCL) and Nishat Chunian Power Limited (NCPL).
Published 16 May, 2014 12:00am
12-day special anti-measles campaign from 19th in Khyber Pakhtunkhwa

12-day special anti-measles campaign from 19th in Khyber Pakhtunkhwa

Amid increasing cases of measles, the Khyber-Pakhtunkhwa government has announced to launch a 12-day special anti-measles campaign to prevent the deadly disease from outbreak in the province. After reporting several measles cases in Sindh and Punjab, the
Published 16 May, 2014 12:00am
PML-N Khyber Pakhtunkhwa, Fata delegations call on Mehtab

PML-N Khyber Pakhtunkhwa, Fata delegations call on Mehtab

Khyber Pakhtunkhwa Governor Sardar Mehtab Ahmad Khan Abbasi has said the Pakistan Muslim League-N government was moving forward with commitment and determination to make Pakistan a developed country. He said the workers of PML-N should play their effectiv
Published 16 May, 2014 12:00am
Pakistan to facilitate US investment: Dastgir

Pakistan to facilitate US investment: Dastgir

Pakistan offers tremendous business opportunities for foreign entrepreneurs in view of Islamabad's liberal policies and recent macroeconomic progress, Commerce Minister Engineer Khurram Dastgir Khan said while pledging to facilitate American investment in
Published 16 May, 2014 12:00am
Command & control centre being set up in Punjab: chief minister

Command & control centre being set up in Punjab: chief minister

Punjab Chief Minister Shahbaz Sharif has said that a state-of-the-art command and control centre is being set up in the provincial metropolis with a sum of five billion rupees which will help control crime. He said that most modern equipment would be set
Published 16 May, 2014 12:00am
Woman lecturer: LHC restrains PU VC from taking action

Woman lecturer: LHC restrains PU VC from taking action

The Lahore High Court on Thursday restrained Punjab University Vice Chancellor from taking departmental actions against the university law college lecturer Khujista Rehan. Ms Khujista had filed a petition complaining about alleged victimisation on part of
Published 16 May, 2014 12:00am
IAPEX 2014 begins from today

IAPEX 2014 begins from today

Punjab Chief Minister Shahbaz Sharif will inaugurate "IAPEX 2014" on Friday (today). About 100 different companies are participating in this mega event, which is being organised by IAP Lahore Chapter.
Published 16 May, 2014 12:00am
16 injured in Rawalpindi food outlet blast

16 injured in Rawalpindi food outlet blast

As many as 16 people, including a minor girl were injured, when an Improvised Explosive Device (IED) planted on a motorbike exploded in a roadside parking outside a food outlet on College Road here Thursday night in the limits of City Police Station.
Published 16 May, 2014 12:00am
PTI government has doubled minorities' job quota: Khattak

PTI government has doubled minorities' job quota: Khattak

KP Chief Minister Pervez Khattak has said that the PTI government in Khyber Pakhtunkhwa considers the welfare of minorities as its utmost duty. For the development of minorities, he said the provincial government had taken revolutionary steps and the empl
Published 16 May, 2014 12:00am
Sandila meets Shahbaz

Sandila meets Shahbaz

Chief of Naval Staff Admiral Muhammad Asif Sandila called on Punjab Chief Minister Shahbaz Sharif here on Thursday. Matters of mutual interest and professional activities of Navy came under discussion during the meeting.
Published 16 May, 2014 12:00am
PCB employees' case: IHC reserves judgement

PCB employees' case: IHC reserves judgement

The Islamabad High Court Thursday reserved judgment on a petition, seeking the reinstatement of as many as 25 employees of the Pakistan Cricket Board (PCB). A single-member bench of Justice Noor-ul-Haq N Quresh heard the petition filed by 25 sacked employ
Published 16 May, 2014 12:00am
Privatisation means growth - II

Privatisation means growth - II

In my opinion there is no substitute to privatisation in order to achieve greater micro-economic efficiency. The GDP rate grows smoothly with privatisation as opposed to nationalisation programme that had dropped the GDP growth rate in Pakistan. If one go
Published 16 May, 2014 12:00am
Fading eurozone crisis coloured by wishful thinking

Fading eurozone crisis coloured by wishful thinking

Every sign that stricken eurozone countries, such as Portugal, are on the road to recovery is held up as evidence that the debt crisis is fading, but wishful thinking is also at work. On Saturday, Portugal is due to emerge from a rescue programme funded b
Published 16 May, 2014 12:00am
Budget 2014-15 - FBR: blame game continues

Budget 2014-15 - FBR: blame game continues

The Chairman of Federal Board of Revenue (FBR) while attending a hearing before the Senate Standing Committee on Finance on May 13, 2014, in a shocking move and in utter contradiction to his earlier statements, criticised the Ministry of Finance for fixin
Published 16 May, 2014 12:00am
Cotton futures fall as weak US equities, commodities weigh

Cotton futures fall as weak US equities, commodities weigh

Cotton futures fell on Thursday, as widespread selling in US equities and agricultural commodity markets more than offset an encouraging cotton weekly export sales report, traders said. The most-active July cotton contract on ICE Futures US closed down 0.
Published 16 May, 2014 12:00am
Shanghai copper pares gains

Shanghai copper pares gains

The most-traded August copper contract on the Shanghai Futures Exchange, which scaled a two-month top overnight, pared gains to trade at 48,310 yuan ($7,800) ($7,800), still up 0.3 percent on Thursday. Worries about bad debt continue to cast a shadow over
Published 16 May, 2014 12:00am
Nickel recoups losses after falling 10 percent

Nickel recoups losses after falling 10 percent

Nickel prices recouped some losses on Thursday, paring an earlier 10 percent fall as investors seized the opportunity to jump back into a market, where there are expectations of future gains as supply shortages become more severe. Nickel prices reached th
Published 16 May, 2014 12:00am
Palm oil stays up

Palm oil stays up

Malaysian palm oil futures stretched gains into a fourth straight session on Thursday, touching their highest in more than two weeks as a jump in export volumes in the first half of the month underpinned prices. Edible oil buyers in India, Pakistan and th
Published 16 May, 2014 12:00am
Brazil expects another bumper grain harvest

Brazil expects another bumper grain harvest

Brazil reaped a bumper grain harvest of 188.2 million tons in 2013 and is banking on new record output this year, official statistics showed Thursday. The Brazilian Institute of Geography and Statistics (IBGE) said this year's harvest should reach 189.5 m
Published 16 May, 2014 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures fell on Thursday as investors took profits after three days of gains and on concerns about the impact of a slowing Chinese economy, dealers said. The benchmark rubber contract on the Tokyo Commodity Exchange (TOCOM) for Octo
Published 16 May, 2014 12:00am
Wheat falls

Wheat falls

US wheat futures fell for the sixth day in a row on Wednesday, extending a losing streak during which the benchmark contract has shed 6.6 percent of its value because of ample global stocks and waning demand for US supplies. Corn also was weak, pressured
Published 16 May, 2014 12:00am
Arabica coffee up

Arabica coffee up

Arabica coffee futures soared around 7 percent on Thursday after top grower Brazil's crop supply agency revised its production estimate lower as dry weather was expected to curb output, though many felt the rally was overdone. Raw sugar futures on ICE Fut
Published 16 May, 2014 12:00am
June Brent clings to gains nearing expiry, US crude falls

June Brent clings to gains nearing expiry, US crude falls

Front-month Brent crude futures held on to gains ahead of the contract expiration on Thursday, while US futures fell even as concerns about the crisis in Ukraine and a tightening global oil market kept prices near 2-1/2-week highs. News of returning Libya
Published 16 May, 2014 12:00am
Palladium rallies to 2011 highs in New York

Palladium rallies to 2011 highs in New York

Palladium hit 2-1/2 year highs on Wednesday as platinum group metals continued a sensational run higher spurred by continued concerns about supplies from major producer South Africa, while gold rose on expectations of more stimulus measures in Europe. Not
Published 16 May, 2014 12:00am
Platinum, palladium ease in Asia

Platinum, palladium ease in Asia

Palladium and platinum eased slightly on Thursday as investors took profits, but largely held gains from a three-day rally spurred by rising labour tensions in major producer South Africa. Gold also slipped but stayed above the key $1,300-an-ounce level,
Published 16 May, 2014 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell slightly on Thursday, although it held near $1,300 an ounce, after mixed US data signalled a still uncertain outlook for the world's biggest economy, and the dollar pared earlier gains. Palladium and platinum eased slightly after a three-day ral
Published 16 May, 2014 12:00am
US MIDDAY: corn plunges

US MIDDAY: corn plunges

US corn futures fell 2.1 percent on Thursday to a seven-week low on a technical setback and forecasts for improved planting weather in northern areas of the US Corn Belt by the weekend, traders said. Wheat and soyabean futures also were lower, with wheat
Published 16 May, 2014 12:00am
US MIDDAY: gold drops

US MIDDAY: gold drops

Gold fell almost 1 percent on Thursday on technical selling after prices broke below $1,300 an ounce, and as US jobless claims data and consumer prices pointed to a firming economy. Palladium and platinum retreated after a three-day rally spurred by risin
Published 16 May, 2014 12:00am
Ingenious accounting

Ingenious accounting

The results of fiscal operations by the federal and provincial governments have been released recently. In the first nine months, July to March, of the current fiscal year the consolidated fiscal deficit has been recorded at 3.1 percent of the GDP. This c
Published 16 May, 2014 12:00am
One big push

One big push

The ongoing targeted operation against terrorists in Karachi hasn't been a great success, but it's not a total fiasco either. It did succeed somewhat in breaking up the strongly-entrenched terrorist and criminal networks in the city. But it also earned al
Published 16 May, 2014 12:00am
New taxes or more of the old

New taxes or more of the old

A Cabinet meeting has been reportedly called for this week where the Federal Finance Minister Ishaq Dar will share budgetary proposals, especially with reference to taxes. It may be pertinent to recall Dar's statement in Washington made last month when he
Published 16 May, 2014 12:00am
Vote recount in NA-122: LHC extends stay against proceedings till June 5

Vote recount in NA-122: LHC extends stay against proceedings till June 5

The Lahore High Court here on Thursday extended to June 05 a stay against proceedings before an Election Tribunal on an appeal of Chairman PTI Imran Khan seeking recounting in NA-122, Lahore as counsel of Imran Khan sought time to submit his reply. Speake
Published 16 May, 2014 12:00am
Missing persons: Supreme Court seeks AGP's, AG's assistance

Missing persons: Supreme Court seeks AGP's, AG's assistance

The Supreme Court Thursday sought assistance from Attorney General for Pakistan (AGP) and Advocate General KPK over the jurisdiction of civil or military court regarding proceedings against a serving Naib Subedar in the missing persons' case. On March 21,
Published 16 May, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (May 15, 2014) and the forecast for Friday (May 16, 2014).

Published 16 May, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Imran visits TV anchor

Imran visits TV anchor

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan on Thursday visited anchorperson Hamid Mir to inquire after his health at his residence. He said those involved in the attack on Hamid Mir should be arrested and prosecuted. He praised the sacrifices of Hami
Published 16 May, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 16 May, 2014 12:00am
Money to go to Nigerian girls: Malala's portrait goes for $102,500

Money to go to Nigerian girls: Malala's portrait goes for $102,500

A painted portrait of Malala Yousufzai, fetched $102,500 at auction on Wednesday in New York, with the money going to female education in Nigeria. The proceeds will be donated from her Malala Fund to a special fund designed to assist local NGOs working to
Published 16 May, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 16 May, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
National Assembly membership of PTI's candidate restored

National Assembly membership of PTI's candidate restored

Declaring the decision of the Election Tribunal as null and void, the Supreme Court on Thursday restored the National Assembly membership of Pakistan Tehreek-e-Insaaf candidate from FATA Qaiser Jamal. A two-member bench of Justice Sarmad Jalal Usmani hear
Published 16 May, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (May 15, 2014) and for Friday (May 16, 2014).
Published 16 May, 2014 12:00am
Two shot dead in Khuzdar

Two shot dead in Khuzdar

Unidentified armed men shot dead two people and injured three women in Khuzdar on Thursday. According to details, unknown armed men barged into a house in Khairwa area and opened fire. As a result, two people were killed and three women sustained injuries
Published 16 May, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Woman tortured to death

Woman tortured to death

A woman was killed while two persons were injured in different violence incidents here on Thursday. According to police and rescue sources, Sumera, 20, was killed after in an alleged clash with family members in Lyari Nayabad colony in the jurisdiction of
Published 16 May, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Rawalpindi Police website hacked

Rawalpindi Police website hacked

The official website of Rawalpindi Police on Thursday allegedly hacked by a group of hackers supporting Taliban. The website was defaced by a group that calls itself 'Anti-Mortadin'. In their message, the group claimed that the hacking was a 'victory for
Published 16 May, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (May 15, 2014).

Published 16 May, 2014 12:00am
Guddu thermal station: ECC may approve additional gas today

Guddu thermal station: ECC may approve additional gas today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting, scheduled to be held today (Friday), is expected to approve allocation of additional gas supply from Mari Gas Field to Guddu thermal power station. Sources in the Finance Ministry said tha
Published 16 May, 2014 12:00am
Guddu thermal station: ECC may approve additional gas today

Guddu thermal station: ECC may approve additional gas today

The Economic Co-ordination Committee (ECC) of the Cabinet meeting, scheduled to be held today (Friday), is expected to approve allocation of additional gas supply from Mari Gas Field to Guddu thermal power station. Sources in the Finance Ministry said tha
Published 16 May, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Little movement was seen on the money market on Thursday as the rupee traded in a narrow range in terms of the dollar, dealers said. The rupee shed one-paisa in relation to the dollar for buying and selling at Rs 98.64 and Rs 98.66 respectively, dealers s
Published 16 May, 2014 12:00am
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