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Apr 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-30
World Bank sounds alarm on rising global food prices

World Bank sounds alarm on rising global food prices

World food prices rose in the first quarter of the year for the first time since their all-time high in August 2012, driven by rising demand in China, drought in the United States and unrest in Ukraine. According to the World Bank, internationally traded
Published 30 May, 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 (May 29, 2014).

Published 30 May, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (May 29, 2014).
Published 30 May, 2014 12:00am
Spot dollar rates

Spot dollar rates

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

Published 30 May, 2014 12:00am
Closing of sterling rates

Closing of sterling rates

Closing of sterling rates at 1730 GMT - on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am
10 percent adjustable WHT on foreign air travel likely

10 percent adjustable WHT on foreign air travel likely

The government is planning to impose 10 percent adjustable withholding tax on passengers travelling aboard by air through club, business and first class and increase 6 to 10 percent withholding tax on services provided by professionals such as doctors, ac
Published 30 May, 2014 12:00am
10 percent adjustable WHT on foreign air travel likely

10 percent adjustable WHT on foreign air travel likely

The government is planning to impose 10 percent adjustable withholding tax on passengers travelling aboard by air through club, business and first class and increase 6 to 10 percent withholding tax on services provided by professionals such as doctors, ac
Published 30 May, 2014 12:00am
10 percent adjustable WHT on foreign air travel likely

10 percent adjustable WHT on foreign air travel likely

The government is planning to impose 10 percent adjustable withholding tax on passengers travelling aboard by air through club, business and first class and increase 6 to 10 percent withholding tax on services provided by professionals such as doctors, ac
Published 30 May, 2014 12:00am
TDAP scam: non-bailable warrants issued for Gilani, Fahim

TDAP scam: non-bailable warrants issued for Gilani, Fahim

Central Special Court, Karachi, on Thursday issued non-bailable arrest warrants for former Prime Minister Syed Yousuf Raza Gilani and former commerce minister Makhdom Amin Fahim in a multi-billion trade subsidy scam of Trade Development Authority of Pakis
Published 30 May, 2014 12:00am
TDAP scam: non-bailable warrants issued for Gilani, Fahim

TDAP scam: non-bailable warrants issued for Gilani, Fahim

Central Special Court, Karachi, on Thursday issued non-bailable arrest warrants for former Prime Minister Syed Yousuf Raza Gilani and former commerce minister Makhdom Amin Fahim in a multi-billion trade subsidy scam of Trade Development Authority of Pakis
Published 30 May, 2014 12:00am
TDAP scam: non-bailable warrants issued for Gilani, Fahim

TDAP scam: non-bailable warrants issued for Gilani, Fahim

Central Special Court, Karachi, on Thursday issued non-bailable arrest warrants for former Prime Minister Syed Yousuf Raza Gilani and former commerce minister Makhdom Amin Fahim in a multi-billion trade subsidy scam of Trade Development Authority of Pakis
Published 30 May, 2014 12:00am
TDAP scam: non-bailable warrants issued for Gilani, Fahim

TDAP scam: non-bailable warrants issued for Gilani, Fahim

Central Special Court, Karachi, on Thursday issued non-bailable arrest warrants for former Prime Minister Syed Yousuf Raza Gilani and former commerce minister Makhdom Amin Fahim in a multi-billion trade subsidy scam of Trade Development Authority of Pakis
Published 30 May, 2014 12:00am
Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM's Office. Finance M
Published 30 May, 2014 12:00am
Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM's Office. Finance M
Published 30 May, 2014 12:00am
Power payables of provinces: deduction at source approved by CCI

Power payables of provinces: deduction at source approved by CCI

The Council of Common Interests (CCI) on Thursday approved a mechanism for deduction at source of outstanding power sector payables of provinces. The CCI met here under the chairmanship of Prime Minister Muhammad Nawaz Sharif at the PM''s Office. Finance
Published 30 May, 2014 12:00am
'Pakistan Vision 2025' approved by NEC

'Pakistan Vision 2025' approved by NEC

The National Economic Council (NEC) on Thursday approved 'Pakistan Vision 2025' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.31
Published 30 May, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 30 May, 2014 12:00am
'Pakistan Vision 2025' approved by NEC

'Pakistan Vision 2025' approved by NEC

The National Economic Council (NEC) on Thursday approved 'Pakistan Vision 2025' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.31
Published 30 May, 2014 12:00am
''Pakistan Vision 2025'' approved by NEC

''Pakistan Vision 2025'' approved by NEC

The National Economic Council (NEC) on Thursday approved ''Pakistan Vision 2025'' plan aimed at unlocking the immense potential within the country. The meeting presided over by Prime Minister Nawaz Sharif and attended by the Chief Ministers approved Rs 1.
Published 30 May, 2014 12:00am
Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l
Published 30 May, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 30 May, 2014 12:00am
Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l
Published 30 May, 2014 12:00am
Index hits record high

Index hits record high

Supported by massive buying across-the-board, the share market on Thursday witnessed a bullish trend as the investors awaited a pro-business budget. The benchmark KSE-100 Index crossed psychological barrier of 29,000 points, to hit a fresh all-time high l
Published 30 May, 2014 12:00am
BRIndex30 jumps by 349.2 points

BRIndex30 jumps by 349.2 points

On Thursday, BRIndex30 opened at 17,319.40 and remained positive throughout the trading session. It touched an intraday high of 17,725.82 and an intraday low of 17,376.15 and closed at 17,668.60, which was 349.2 points or 2.02 percent higher than previous
Published 30 May, 2014 12:00am
BRIndex30 jumps by 349.2 points

BRIndex30 jumps by 349.2 points

On Thursday, BRIndex30 opened at 17,319.40 and remained positive throughout the trading session. It touched an intraday high of 17,725.82 and an intraday low of 17,376.15 and closed at 17,668.60, which was 349.2 points or 2.02 percent higher than previous
Published 30 May, 2014 12:00am
CIA drone killing plan has ended?

CIA drone killing plan has ended?

The CIA's drone program in Pakistan, once the mainstay of President Barack Obama's counterterrorism effort, is winding down. The secret targeted killing program that once was the mainstay of President Barack Obama's counterterrorism effort appears to be c
Published 30 May, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (May 29, 2014).

Published 30 May, 2014 12:00am
CIA drone killing plan has ended?

CIA drone killing plan has ended?

The CIA's drone program in Pakistan, once the mainstay of President Barack Obama's counterterrorism effort, is winding down. The secret targeted killing program that once was the mainstay of President Barack Obama's counterterrorism effort appears to be c
Published 30 May, 2014 12:00am
US MIDDAY: gold off lows

US MIDDAY: gold off lows

Gold prices eased early on Thursday but bounced off their lowest level in nearly four months after data showed the US economy contracted in the first quarter for the first time in three years. The US Commerce Department estimated that gross domestic produ
Published 30 May, 2014 12:00am
Turkey's top court rules YouTube ban violates rights

Turkey's top court rules YouTube ban violates rights

Turkey's top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to sprea
Published 30 May, 2014 12:00am
Turkey's top court rules YouTube ban violates rights

Turkey's top court rules YouTube ban violates rights

Turkey's top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to sprea
Published 30 May, 2014 12:00am
Turkey''s top court rules YouTube ban violates rights

Turkey''s top court rules YouTube ban violates rights

Turkey''s top court ruled on Thursday that a blanket ban on YouTube violated individual rights and freedoms, clearing the way for the popular video-sharing site to come back. YouTube has been banned in Turkey since March 27 after the site was used to spre
Published 30 May, 2014 12:00am
Musharraf's name on ECL: verdict reserved

Musharraf's name on ECL: verdict reserved

The Sindh High Court (SHC) on Thursday reserved its judgement on a petition of General Pervez Musharraf (Retd) against restriction on his travelling out of Pakistan. A division bench headed by Justice Muhammad Ali Mazhar after hearing arguments of both si
Published 30 May, 2014 12:00am
Musharraf's name on ECL: verdict reserved

Musharraf's name on ECL: verdict reserved

The Sindh High Court (SHC) on Thursday reserved its judgement on a petition of General Pervez Musharraf (Retd) against restriction on his travelling out of Pakistan. A division bench headed by Justice Muhammad Ali Mazhar after hearing arguments of both si
Published 30 May, 2014 12:00am
Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi
Published 30 May, 2014 12:00am
Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi
Published 30 May, 2014 12:00am
Breaking sanctions: US seeks to fine BNP $10 billion

Breaking sanctions: US seeks to fine BNP $10 billion

The US is seeking more than $10 billion from French bank BNP Paribas to settle charges it violated US sanctions on Iran, Sudan and Cuba, the Wall Street Journal reported Thursday. Citing people familiar with the negotiations between the bank and the Justi
Published 30 May, 2014 12:00am
Ceremonial washing of Holy Kaaba held

Ceremonial washing of Holy Kaaba held

Governor of Makkah Prince Mishal Bin Abdullah, on behalf of King Abdullah of Saudi Arabia, led the ceremonial washing of the Holy Kaaba on Thursday morning. According to a private news channel, Saudi top officials including several ministers, Islamic scho
Published 30 May, 2014 12:00am
WHO seeks ban on tobacco marketing campaigns in Pakistan

WHO seeks ban on tobacco marketing campaigns in Pakistan

World Health Organisation (WHO) has strongly urged the Ministry of National Health Services, Regulation and Co-ordination to comprehensively ban all tobacco marketing campaigns in Pakistan. It is learnt here on Thursday that WHO has also asked Ministry of
Published 30 May, 2014 12:00am
Sudan envoy calls on PU vice chancellor

Sudan envoy calls on PU vice chancellor

Sudan Ambassador Al-Shafie Ahmad Mohammad called on Vice Chancellor of Punjab University Professor Dr Mujahid Kamran at his office here on Thursday. Dean Professor Dr Mubashar Ahmed Butt, Director External Linkages Dr Maria Maldonado, Controller of Examin
Published 30 May, 2014 12:00am
'Jeet Double Hai' campaign: Shell Rimula announces lucky draw prizes

'Jeet Double Hai' campaign: Shell Rimula announces lucky draw prizes

Shell Pakistan's Rimula 'Jeet Double Hai' campaign, which was launched in March, has begun announcing the winners of its lucky draw. The winners of this exciting campaign will be awarded brand new Toyota Corollas, tractors and motorcycle prizes. One of th
Published 30 May, 2014 12:00am
Husband of bludgeoned woman murdered first wife

Husband of bludgeoned woman murdered first wife

The husband of a pregnant woman bludgeoned to death outside a courthouse murdered his first wife, he told AFP on Thursday, in a twist to a story that has shocked rights activists. Farzana Parveen was murdered on Tuesday outside the High Court by more than
Published 30 May, 2014 12:00am
Gilani says he will appear in courts

Gilani says he will appear in courts

Former Prime Minister Syed Yousaf Raza Gilani has said that he would appear in the Accountability Court in Islamabad on June 4 and also before an ATC court in Karachi in the TDAP scam case, adding he had been facing fabricated cases in the past and would
Published 30 May, 2014 12:00am
Government focuses on improving economy, investment climate: Pervaiz

Government focuses on improving economy, investment climate: Pervaiz

The government is focusing on a strategy to improve the economy and investment climate as well as develop infrastructure and human resources in the fiscal year 2014-15. This was stated by Federal Minister for Information and Broadcasting Pervaiz Rashid he
Published 30 May, 2014 12:00am
'Co-curricular activities to help contain menace of violence in society'

'Co-curricular activities to help contain menace of violence in society'

"Involve the youngsters in cocurricular activities to eradicate the growing menace of violence and anarchy from the society," a senior educationist recommended. Explaining the pathetic situation of cocurricular activities in educational institutions, he s
Published 30 May, 2014 12:00am
US crude rises as gasoline stocks draw supports

US crude rises as gasoline stocks draw supports

US crude prices rose on Thursday after government inventory data showed a sharp drawdown in gasoline that outweighed a build in overall crude stocks, while Brent edged up supported by the low Libyan output and the Ukraine crisis. US crude stockpiles rose
Published 30 May, 2014 12:00am
Copper slips but tight stocks limit losses

Copper slips but tight stocks limit losses

Copper slipped on Thursday as investors were unnerved by China's latest efforts to ward off a sharp growth slowdown, but the metal was still near the previous session's three-month peak as global supplies grow ever tighter. Three-month copper on the Londo
Published 30 May, 2014 12:00am
Shanghai copper drops

Shanghai copper drops

The most-traded August copper contract on the Shanghai Futures Exchange slipped 0.8 percent to 48,470 yuan ($7,700) a tonne on Thursday as worries resurfaced about China's economy after Beijing urged local governments to speed up spending to support growt
Published 30 May, 2014 12:00am
Cotton rallies on bullish weekly US export data expectations

Cotton rallies on bullish weekly US export data expectations

Cotton futures jumped the most in month on Thursday, fuelled by expectations of a bullish weekly US export sales report on Friday and mill buying. The benchmark July cotton contract on ICE Futures US ended up 1.28 cents, or 1.5 percent, at 86.15 cents a l
Published 30 May, 2014 12:00am
Afghanistan: Pakistan, India and Iran urged to work for stability

Afghanistan: Pakistan, India and Iran urged to work for stability

Speakers at a conference Thursday called for co-ordinated efforts between the neighbouring countries including Pakistan, Iran and India to bring peace and stability in Afghanistan for the economic development of the entire region and refrain from competin
Published 30 May, 2014 12:00am
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