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Apr 27, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-05-31
Prime Minister urged to waive off import duty on yarn

Prime Minister urged to waive off import duty on yarn

North Karachi Association of Trade and Industry's (NKATI) President Mahmood Rangoonwala has urged the Prime Minister Nawaz Sharif and Federal Finance Minister Ishaq Dar to wave the import duty on yarn in the incoming budget of 2014-15. He was of the view
Published 31 May, 2014 12:00am
Scots independence campaign begins

Scots independence campaign begins

Regulated campaigning for and against Scottish independence began on Friday four months before the referendum, against a backdrop of disputed economic claims. British finance minister George Osborne said the 300-year-old union between England and Scotland
Published 31 May, 2014 12:00am
Scots independence campaign begins

Scots independence campaign begins

Regulated campaigning for and against Scottish independence began on Friday four months before the referendum, against a backdrop of disputed economic claims. British finance minister George Osborne said the 300-year-old union between England and Scotland
Published 31 May, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Counter-financing of terrorism: Senate body approves bill

Counter-financing of terrorism: Senate body approves bill

The Senate Standing Committee on Interior and Narcotics Control on Friday approved an Anti-Terrorism (second amendment) Bill, 2014 relating to counter financing of terrorism in the country. The committee unanimously passed the bill after the government in
Published 31 May, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Friday (May 30, 2014) and for Saturday (May 31, 2014).
Published 31 May, 2014 12:00am
Counter-financing of terrorism: Senate body approves bill

Counter-financing of terrorism: Senate body approves bill

The Senate Standing Committee on Interior and Narcotics Control on Friday approved an Anti-Terrorism (second amendment) Bill, 2014 relating to counter financing of terrorism in the country. The committee unanimously passed the bill after the government in
Published 31 May, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (May 30, 2014).

Published 31 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 Friday (May 30, 2014).

Published 31 May, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 31 May, 2014 12:00am
North Waziristan Taliban revoke peace accord with government

North Waziristan Taliban revoke peace accord with government

The North Waziristan Taliban led by Hafiz Gul Bahadar have formally revoked the peace accord with the Pakistani government, a pamphlet distributed by the group in the tribal region said. The faction, as the pamphlet sent to media by Bahadur's spokesman Ah
Published 31 May, 2014 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 31 May, 2014 12:00am
Rape victim attempts suicide

Rape victim attempts suicide

A 22-year-old victim of rape by a fake faith healer (Pir) attempted to commit suicide by consuming poisonous pills in Rajana town here on Friday. According to police, Afia, resident of village 285GB, was subjected to sexual assault by Muhammad Asghar, the
Published 31 May, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (May 30, 2014).

Published 31 May, 2014 12:00am
SECP deplores 'defamation campaign'

SECP deplores 'defamation campaign'

This is with reference to the enforcement actions taken by the Securities and Exchange Commission of Pakistan (SECP) wherein penalties have been imposed on the Karachi Stock Exchange and its senior management on account of negligence in taking timely enfo
Published 31 May, 2014 12:00am
The Weather

The Weather

The weather report on Friday (May 30, 2014) and the forecast for Saturday (May 31, 2014).

Published 31 May, 2014 12:00am
54 Nato containers disappeared from port: PQA

54 Nato containers disappeared from port: PQA

Port Qasim Authority (PQA) Friday revealed that 54 Nato containers, carrying 31 consignments were disappeared from the port, causing a loss of Rs 18.9 million to the national exchequer, under the head of custom duty. This was revealed at the Senate Standi
Published 31 May, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee almost held the overnight levels against the dollar on the currency market on Friday in the process of trading, dealers said. The rupee firmly held the overnight levels against the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectiv
Published 31 May, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee almost held the overnight levels against the dollar on the currency market on Friday in the process of trading, dealers said. The rupee firmly held the overnight levels against the dollar for buying and selling at Rs 98.68 and Rs 98.70 respectiv
Published 31 May, 2014 12:00am
54 Nato containers disappeared from port: PQA

54 Nato containers disappeared from port: PQA

Port Qasim Authority (PQA) Friday revealed that 54 Nato containers, carrying 31 consignments were disappeared from the port, causing a loss of Rs 18.9 million to the national exchequer, under the head of custom duty. This was revealed at the Senate Standi
Published 31 May, 2014 12:00am
Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
Published 31 May, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
Published 31 May, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Public-sector enterprises: July-March borrowing stands at Rs 74 billion

Inefficiencies of Public Sectors Enterprises (PSEs) have resulted in higher lending from the domestic banking system to ease financial issues. According to the State Bank of Pakistan (SBP), PSEs borrowed over Rs 74 billion during first nine months of curr
Published 31 May, 2014 12:00am
India visit, security discussed

India visit, security discussed

Prime Minister Nawaz Sharif on Friday chaired a high-level meeting to discuss issues relating to national security. Sources said overall security situation in the country, Taliban talks and Nawaz Sharif's recent meeting with new Indian Prime Minister Nare
Published 31 May, 2014 12:00am
The curse of child labour

The curse of child labour

Children are said to be the most beautiful and purest creation of God. Wordsworth, the poet of nature, used children to illustrate the simplicity, wholesomeness and innocence of man in the natural world. Nelson Mandela, a South African anti-apartheid revo
Published 31 May, 2014 12:00am
KARACHI CHRONICLE: Journey to Jerusalem

KARACHI CHRONICLE: Journey to Jerusalem

Many Pakistani Muslims have been to the ancient city of Jerusalem, revered by Jews, Christians and Muslims. The route is roundabout, via Egypt, where the authorities issue a visa on a paper and do not stamp the green passport.
Published 31 May, 2014 12:00am
World No Tobacco Day: WHO urged not to snuff out e-cig

World No Tobacco Day: WHO urged not to snuff out e-cig

The e-cigarette was pushed centre stage ahead of World No Tobacco Day, with doctors and policy experts urging the UN's health agency to embracce the gadget as a life saver With tobacco smoke claiming a life every six seconds, the tar-free, electronic alte
Published 31 May, 2014 12:00am
ART FACTS: A new beginning and inspiring ideas

ART FACTS: A new beginning and inspiring ideas

The Clifton Art Gallery, Karachi was established 23 years ago in 1991 by Mohammad Rizwan Zakai. The gallery over the years develops a reputation and standing among other prominent galleries in Pakistan.
Published 31 May, 2014 12:00am
Many processed foods are heavily dyed: study

Many processed foods are heavily dyed: study

Some cereals, candies and cakes contain much more artificial colouring than parents probably expect, according to a new study. In the US, food and beverage companies disclose artificial colouring on labels, but do not disclose specific amounts.
Published 31 May, 2014 12:00am
Museums abandon photography ban - selfies widely welcome

Museums abandon photography ban - selfies widely welcome

Time was when visitors to a museum felt themselves under constant surveillance. Attendants in dark clothes sat in all the rooms or trailed behind, ensuring that the rules were adhered to, such as "Do not touch the artworks," or "No photographs."
Published 31 May, 2014 12:00am
Standing on the job gains favour in US workplaces

Standing on the job gains favour in US workplaces

Three centuries after Thomas Jefferson found standing up a superior way to work, a growing number of Americans are mulling the dangers of sitting down on the job - and opting to get on their feet.
Published 31 May, 2014 12:00am
Young computer scientist making mark in medicine

Young computer scientist making mark in medicine

Karsten Borgwardt is only 33 years old but has already had a high-flying career. A professor of computer science at the University of Tuebingen, he has done research at Oxford, Cambridge and Harvard and won a 1-million-euro prize (about 1.4 million US dol
Published 31 May, 2014 12:00am
Sport watches retain athletes' loyalty with right mix of features

Sport watches retain athletes' loyalty with right mix of features

While the rest of the world has been getting into the hype about smart watches - wearable computers that can do everything from send email to access Facebook - athletes have largely stayed true to an older technology, the sport watch.
Published 31 May, 2014 12:00am
Obesity weighs heavily on global health: study

Obesity weighs heavily on global health: study

Nearly a third of adults and a quarter of children today are overweight, according to a report Thursday that said no country has turned the tide of obesity since 1980. Traditionally associated with an affluent lifestyle, the problem is expanding worldwide
Published 31 May, 2014 12:00am
How do you survive a high-fat diet? Ask a polar bear

How do you survive a high-fat diet? Ask a polar bear

How do they do it? How do polar bears have such an incredibly high fat diet and get so fat - munching as they do on blubbery seals - without clogging their arteries and becoming a big furry heart attack waiting to happen?
Published 31 May, 2014 12:00am
Generations collide in 'X-Men: Days of Future Past'

Generations collide in 'X-Men: Days of Future Past'

Trapped in a dystopian future where marauding, shape-shifting robots have turned New York's Central Park into a concentration camp, Hugh Jackman's Wolverine has no choice in "X-Men: Days of Future Past" but to travel back in time to alter history.
Published 31 May, 2014 12:00am
Turkey's harrowing 'Winter Sleep' takes top prize

Turkey's harrowing 'Winter Sleep' takes top prize

Turkish film "Winter Sleep" examining the huge divide between rich and poor and the powerful and powerless in Turkey won the Palme d'Or award for best film for director Nuri Bilge Ceylan last Saturday at the 67th Cannes International Film Festival.
Published 31 May, 2014 12:00am
The Cannes Film Festival in figures

The Cannes Film Festival in figures

A statistical snapshot of the Cannes Film Festival: 1,700: The feature-length films submitted to the festival of which 18 are in the competition for the Palme d'Or, the festival's top prize, and 20 in the new talent "Un Certain Regard" section.
Published 31 May, 2014 12:00am
BRIDGE NOTES: Well played Marco!

BRIDGE NOTES: Well played Marco!

There are times at Bridge when one finds himself so cornered that it appears as if there is no survival. Yet the players who have the will and tenacity to fight to the bitter end usually emerge as ultimate winners. Of course not everyone in Bridge can han
Published 31 May, 2014 12:00am
Cannes digital screenings have killed cinema: Tarantino

Cannes digital screenings have killed cinema: Tarantino

Screening films in digital is like forcing audiences to watch television in public, cult director Quentin Tarantino told the Cannes film festival last Friday, adding that the lush 35-millimetre cinema he grew up with was "dead".
Published 31 May, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 31 May, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 31 May, 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 31 May, 2014 12:00am
Coal-fired project in Sahiwal: Prime Minister thanks China for help

Coal-fired project in Sahiwal: Prime Minister thanks China for help

Prime Minister Nawaz Sharif on Friday reiterated his government's resolve towards combating the energy crisis. Addressing the foundation stone-laying ceremony of Sahiwal coal-fired power project of 1320 megawatts (two projects of 660 MW each) here, he sai
Published 31 May, 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 31 May, 2014 12:00am
Coal-fired project in Sahiwal: Prime Minister thanks China for help

Coal-fired project in Sahiwal: Prime Minister thanks China for help

Prime Minister Nawaz Sharif on Friday reiterated his government's resolve towards combating the energy crisis. Addressing the foundation stone-laying ceremony of Sahiwal coal-fired power project of 1320 megawatts (two projects of 660 MW each) here, he sai
Published 31 May, 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 31 May, 2014 12:00am
Coal-fired project in Sahiwal: Prime Minister thanks China for help

Coal-fired project in Sahiwal: Prime Minister thanks China for help

Prime Minister Nawaz Sharif on Friday reiterated his government''s resolve towards combating the energy crisis. Addressing the foundation stone-laying ceremony of Sahiwal coal-fired power project of 1320 megawatts (two projects of 660 MW each) here, he sa
Published 31 May, 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 Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Rs 240 billion revenue measures, actions approved by Prime Minister

Rs 240 billion revenue measures, actions approved by Prime Minister

Prime Minister Nawaz Sharif has approved revenue measures and administrative/enforcement actions of Rs 230-240 billion for fiscal year 2014-15, including withdrawal of tax exemptions granted through statutory regulatory orders (SROs), doubling of withhold
Published 31 May, 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 Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Rs 240 billion revenue measures, actions approved by Prime Minister

Rs 240 billion revenue measures, actions approved by Prime Minister

Prime Minister Nawaz Sharif has approved revenue measures and administrative/enforcement actions of Rs 230-240 billion for fiscal year 2014-15, including withdrawal of tax exemptions granted through statutory regulatory orders (SROs), doubling of withhold
Published 31 May, 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 Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Rs 240 billion revenue measures, actions approved by Prime Minister

Rs 240 billion revenue measures, actions approved by Prime Minister

Prime Minister Nawaz Sharif has approved revenue measures and administrative/enforcement actions of Rs 230-240 billion for fiscal year 2014-15, including withdrawal of tax exemptions granted through statutory regulatory orders (SROs), doubling of withhold
Published 31 May, 2014 12:00am
President's address may be overshadowed by budget

President's address may be overshadowed by budget

President Mamnoon Hussain's scheduled address to the joint sitting of Parliament on June 2 is likely to be overshadowed by the budget session, which is to be summoned on 3rd June, and to add insult to injury, his speech will coincide with the release of E
Published 31 May, 2014 12:00am
President's address may be overshadowed by budget

President's address may be overshadowed by budget

President Mamnoon Hussain's scheduled address to the joint sitting of Parliament on June 2 is likely to be overshadowed by the budget session, which is to be summoned on 3rd June, and to add insult to injury, his speech will coincide with the release of E
Published 31 May, 2014 12:00am
President''s address may be overshadowed by budget

President''s address may be overshadowed by budget

President Mamnoon Hussain''s scheduled address to the joint sitting of Parliament on June 2 is likely to be overshadowed by the budget session, which is to be summoned on 3rd June, and to add insult to injury, his speech will coincide with the release of
Published 31 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 Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Economic Survey on June 2

Economic Survey on June 2

The Economic Survey of Pakistan for the outgoing fiscal year 2013-14 is scheduled to be launched here on Monday (June 02). Federal Minister for Finance, Senator Muhammad Ishaq Dar will launch the pre-budget document, highlighting the overall performance o
Published 31 May, 2014 12:00am
Economic Survey on June 2

Economic Survey on June 2

The Economic Survey of Pakistan for the outgoing fiscal year 2013-14 is scheduled to be launched here on Monday (June 02). Federal Minister for Finance, Senator Muhammad Ishaq Dar will launch the pre-budget document, highlighting the overall performance o
Published 31 May, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 30, 2014).
Published 31 May, 2014 12:00am
Economic Survey on June 2

Economic Survey on June 2

The Economic Survey of Pakistan for the outgoing fiscal year 2013-14 is scheduled to be launched here on Monday (June 02). Federal Minister for Finance, Senator Muhammad Ishaq Dar will launch the pre-budget document, highlighting the overall performance o
Published 31 May, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 30, 2014).

Published 31 May, 2014 12:00am
Farm machinery makers: duty reduction on inputs' import likely

Farm machinery makers: duty reduction on inputs' import likely

The government is likely to allow reduction in customs duty on import of inputs used for the manufacture of agricultural machinery and implements in the budget (2014-15). Sources told Business Recorder here on Friday that the Federal Board of Reven
Published 31 May, 2014 12:00am
Farm machinery makers: duty reduction on inputs' import likely

Farm machinery makers: duty reduction on inputs' import likely

The government is likely to allow reduction in customs duty on import of inputs used for the manufacture of agricultural machinery and implements in the budget (2014-15). Sources told Business Recorder here on Friday that the Federal Board of Reven
Published 31 May, 2014 12:00am
Farm machinery makers: duty reduction on inputs'' import likely

Farm machinery makers: duty reduction on inputs'' import likely

The government is likely to allow reduction in customs duty on import of inputs used for the manufacture of agricultural machinery and implements in the budget (2014-15). Sources told Business Recorder here on Friday that the Federal Board of Reven
Published 31 May, 2014 12:00am
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