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Print - 2014-06-19
Eight of a family gunned down in Hangu

Eight of a family gunned down in Hangu

Eight persons of a family including three women were killed when gunmen barged into a house and opened indiscriminate fire on them on Wednesday. According to police, the deceased were hail from Orakzai Agency and belong to Ali Khel tribe who were recently
Published 19 Jun, 2014 12:00am
ICH Agreement withdrawal: CCP chairman hails government's decision

ICH Agreement withdrawal: CCP chairman hails government's decision

The Chairman of Competition Commission of Pakistan (CCP), Dr Joseph Wilson has welcomed the government's decision to withdraw the controversial International Clearing House (ICH) Agreement. ICH Agreement, which came into force in September 2011, created a
Published 19 Jun, 2014 12:00am
Khyber Pakhtunkhwa chief minister inaugurates School of Investigation

Khyber Pakhtunkhwa chief minister inaugurates School of Investigation

Chief Minister Khyber Pakhtunkhwa Pervez Khattak formally inaugurated a state of the art School of Investigation here on Wednesday. Keeping in view the increased usage of technology in modern day crime, a strong need was felt to build the capacity of Khyb
Published 19 Jun, 2014 12:00am
Pasdec launches women skill development training

Pasdec launches women skill development training

Pakistan Stone Development Company (PASDEC) has launched women skill development training of marble, mosaic inlay under Creative Entrepreneurship for Women (CREW) Project, which is funded by Government of Germany through GIZ. Through such activities, Pasd
Published 19 Jun, 2014 12:00am
Officials directed to ensure safety of NHA's assets

Officials directed to ensure safety of NHA's assets

Chairman National Highway Authority (NHA) Shahid Ashraf Tarrar on Wednesday directed the concerned officials to ensure safety of NHA's assets and speeding up transfer of land acquired for ongoing highway projects. Approval was also accorded to the promoti
Published 19 Jun, 2014 12:00am
'SMEs not getting desired achievements on lack of planning'

'SMEs not getting desired achievements on lack of planning'

SME sector has huge potential in generating employment and alleviating poverty but unfortunately there was not any well defined programme available for the establishment and development of these SMEs. Lahore Chamber of Commerce and Industry (LCCI) Acting
Published 19 Jun, 2014 12:00am
Paapam seeks withdrawal of alternative minimum tax

Paapam seeks withdrawal of alternative minimum tax

Pakistan Association of Auto Parts and Accessories Manufacturers (Paapam) while terming the levy of alternative minimum tax as against the norms of justice, demands immediate withdrawal of it.
Published 19 Jun, 2014 12:00am
LCCI president visits UMT

LCCI president visits UMT

University of Management and Technology (UMT), Lahore invited President, Lahore Chamber of Commerce and Industries (LCCI), Sohail Lashari at its campus. Rector UMT Dr Hasan Sohaib Murad welcomed Sohail Lashari and his executive team to the campus.
Published 19 Jun, 2014 12:00am
PAT holds sit-in in Multan

PAT holds sit-in in Multan

More than 150 male and female activists of Pakistan Awami Tehreek (PAT) on Wednesday observed sit-in at Chowk Nawan Shehr to press the authorities for institution of murder cases against Punjab Chief Minister Shahbaz Sharif and Law Minister Rana Sanaullah
Published 19 Jun, 2014 12:00am
Lawyers observe strike in Multan

Lawyers observe strike in Multan

On the call of the Punjab Bar Council (PBC), lawyers observed a strike on Wednesday against the killing of activists including two women of Pakistan Awami Tehreek on Tuesday in Lahore and brutal torture of police on the demonstrators who were protesting a
Published 19 Jun, 2014 12:00am
Pre-monsoon rains begin, River Kabul in medium flood

Pre-monsoon rains begin, River Kabul in medium flood

Pre-monsoon rains have started in the upper parts of the country while river Kabul is in medium flood level at Nowshera with running water of 107,000 cusecs and all the other major rivers are flowing below low, meteorological department said on Wednesday.
Published 19 Jun, 2014 12:00am
MYC meets today to discuss Lahore killings

MYC meets today to discuss Lahore killings

Secretary General, Milli Yakjehti Council (MYC) Liaqat Baloch, has convened an emergency meeting of the MYC, a conglomeration of religious parties at Mansoora Thursday (today), to discuss the situation arising due to the brutal police action on Pakistan A
Published 19 Jun, 2014 12:00am
FCCI chief lauds reorganisation of HAMH

FCCI chief lauds reorganisation of HAMH

Reorganisation of Hilal-e-Ahmar (Red Crescent) Maternity Hospital (HAMH) on modern scientific lines by removing its administrative discrepancies and delinquencies within a shortest period of only six months is an encouraging step and its credit goes to DC
Published 19 Jun, 2014 12:00am
Lahore incident: inquiry tribunal formed

Lahore incident: inquiry tribunal formed

An inquiry tribunal formed to ascertain facts and circumstances of the incident at Minhajul Quran Academy and Secretariat, Model Town has started functioning on Wednesday. A District and Sessions Judge, Jawadul Hassan has been appointed as registrar of th
Published 19 Jun, 2014 12:00am
Qadri's son among 3000 PAT workers booked in FIR

Qadri's son among 3000 PAT workers booked in FIR

Police on Wednesday registered a case of Lahore violence against 3,000 workers of Pakistan Awami Tehreek, including PAT chief Dr Tahir-ul-Qadri's son, Hussain Mohiuddin. Lahore High Court's one-man tribunal and a committee of police officers are investiga
Published 19 Jun, 2014 12:00am
Indus Motor Company Limited

Indus Motor Company Limited

The Indus Motor Company (KSE ticker: INDU) was incorporated in 1989 as a joint venture with one of the largest business conglomerates in Pakistan, the House of Habib (HoH), Toyota Motor Corporation (TMC) and Toyota Tsusho Corporation (TTC) of Japan. INDU
Published 19 Jun, 2014 12:00am
Indus Motor Company Limited

Indus Motor Company Limited

The Indus Motor Company (KSE ticker: INDU) was incorporated in 1989 as a joint venture with one of the largest business conglomerates in Pakistan, the House of Habib (HoH), Toyota Motor Corporation (TMC) and Toyota Tsusho Corporation (TTC) of Japan. INDU
Published 19 Jun, 2014 12:00am
Big power drama over Ukraine

Big power drama over Ukraine

In a recent development, Russia has cut the flow of gas to Ukraine after last-ditch talks reportedly failed to resolve a price dispute that threatens to disrupt supplies to Europe. The unfolding events in Ukraine have revived the Cold War era rivalries be
Published 19 Jun, 2014 12:00am
German eurosceptics fan debate over ECB voting rights

German eurosceptics fan debate over ECB voting rights

The enlargement of the eurozone to 19 countries in 2015 has sparked a debate in Germany as to whether Europe's top economy will see its power curbed within the European Central Bank. The eurosceptic AfD party, but also leading right-wing politicians and e
Published 19 Jun, 2014 12:00am
Federal Budget 2014-15: A review

Federal Budget 2014-15: A review

The annual budget, being a document presenting not only a balance sheet of the central government but also an indicator of its economic policies and priorities, may be gauged considering three Ps: the Performance of the economy during the outgoing fiscal
Published 19 Jun, 2014 12:00am
Rankings

Rankings

Lately, enthusiasm over indices and ranking has mushroomed significantly, which perhaps, on the face of it, is justifiable; perceptions matter and good news should definitely be broadcast loudly. The inherent risk in creating such hype, however, is that p
Published 19 Jun, 2014 12:00am
The Lahore killings

The Lahore killings

In Pre-partition India, police forces of two Indian states - Punjab and Bihar - were notoriously known for their brutality. The post-Partition two Punjabs and Bihar still live up to their reputation with shameful aplomb. What happened in the Model Town ne
Published 19 Jun, 2014 12:00am
Senate and the budget

Senate and the budget

The Senate had proposed around 130 amendments to the budget for 2014-15 presented in the National Assembly on June 3. These proposals fall mainly into three major categories: one that violates the constitution, others that can be supported, and still othe
Published 19 Jun, 2014 12:00am
Punjab Assembly passes resolution in support of army operation

Punjab Assembly passes resolution in support of army operation

Punjab Assembly here on Wednesday passed a resolution in support of army operation in North Waziristan stating that nation stood by armed forces and prayed for their success. Law Minister Rana Sanaullah tabled the resolution. The session was chaired by Ra
Published 19 Jun, 2014 12:00am
NWA operation a unilateral decision of government: JI Ameer

NWA operation a unilateral decision of government: JI Ameer

Jamaat-i-Islami central Chief Siraj-ul-Haq while terming the government decision to launch military operation in North Waziristan Agency as 'unilaterally', saying the incumbent PML-Nawaz led government will be responsible for the repercussions alone.
Published 19 Jun, 2014 12:00am
High-level meeting reviews arrangements for IDPs

High-level meeting reviews arrangements for IDPs

A high level meeting jointly chaired by the Khyber Pakhtunkhwa Governor, Sardar Mahtab Ahmad Khan and the Federal Minister for States and Frontier Regions, Lieutenant General, Abdul Qadir Baloch (Retd) at Governor's House, Peshawar on Wednesday reviewed t
Published 19 Jun, 2014 12:00am
PPP lawmaker for denying shelter to Waziristan IDPs in Sindh

PPP lawmaker for denying shelter to Waziristan IDPs in Sindh

A ruling Pakistan People's Party (PPP) lawmaker on Wednesday asked the provincial government to set forth a 'strict' policy to deny shelter in Sindh to all refuges displaced from North Waziristan in the wake of ongoing military operation. During a debate
Published 19 Jun, 2014 12:00am
Analysts stress need for proper border management

Analysts stress need for proper border management

As the military operation Zarb-e-Azb against the militants in North Waziristan entered its fourth day on Wednesday, analysts stressed the need for proper border management as well as active co-operation of the Afghan government and International Security
Published 19 Jun, 2014 12:00am
30,000 flee tribal area offensive against Taliban

30,000 flee tribal area offensive against Taliban

Around 30,000 people fled a major military offensive against the Taliban in a Pakistani tribal area Wednesday, after authorities eased a curfew in a sign the campaign is likely to intensify. The military has deployed troops, tanks and jets in North Waziri
Published 19 Jun, 2014 12:00am
Sindh Cabinet fully endorses operation 'Zarb-e-Azb'

Sindh Cabinet fully endorses operation 'Zarb-e-Azb'

The Sindh Cabinet which met here with Chief Minister Syed Qaim Ali Shah in the chair at CM House has fully endorsed the ongoing military operation "Zarb-e-Azb" launched by the Pakistan Army against militants in North Waziristan. The Cabinet expecting reta
Published 19 Jun, 2014 12:00am
Khyber Pakhtunkhwa government, people eager to play host to IDPs

Khyber Pakhtunkhwa government, people eager to play host to IDPs

KP Chief Minister Pervez Khattak has said that the government and people of Khyber Pakhtunkhwa are quite eager to welcome and host IDPs from North Waziristan Agency due to military operation there. He was addressing media conference here in CM Secretariat
Published 19 Jun, 2014 12:00am
Around 72 alleged criminals held during 24 hours

Around 72 alleged criminals held during 24 hours

Police on Wednesday claimed to have arrested around 72 alleged criminals in different targeted raids and encounters conducted at various parts of the metropolis during last 24 hours. According to police, they have conducted some 77 targeted raids and seve
Published 19 Jun, 2014 12:00am
TDAP plans second edition of Lifestyle Pakistan exhibition in New Delhi

TDAP plans second edition of Lifestyle Pakistan exhibition in New Delhi

After the great success of the first edition of Lifestyle Pakistan Exhibition in 2012; Trade Development Authority of Pakistan (TDAP) with the support of Pakistan High Commission in New Delhi is organising the second edition of Lifestyle Pakistan titled "
Published 19 Jun, 2014 12:00am
Food ministry voices concern over rising prices of potatoes

Food ministry voices concern over rising prices of potatoes

Ministry of National Food, Security and Research, has reportedly voiced concern that the price of potatoes may cross Rs 100 per kg during Ramazan due to exploitation of demand supply situation by hoarders to earn windfall profit, it was learnt.
Published 19 Jun, 2014 12:00am
IPPs circular debt touches Rs 210 billion mark

IPPs circular debt touches Rs 210 billion mark

Circular debt, amounting to Rs 210billion, was required to be settled down to ensure Independent Power Producers' (IPPs) optimal generation and to end energy crisis in the country, said Hub Power Company's Chief Executive Officer, Khalid Mansoor. At a cor
Published 19 Jun, 2014 12:00am
Dynasty wins TFD Food Excellence Award

Dynasty wins TFD Food Excellence Award

Ace Chinese Restaurant 'Dynasty, Avari Towers Karachi', won the award 'Best Chinese Restaurant' by TFD Food Excellence Award 2014. The Financial Daily (TFD) organised this first ever TFD Food Excellence Awards in Pakistan. These awards were put in effect
Published 19 Jun, 2014 12:00am
Japan Ambassador hosts reception for journalists

Japan Ambassador hosts reception for journalists

The Ambassador of Japan Hiroshi Inomata and his wife hosted a reception in honour of media persons at their residence on Wednesday. In his welcome remarks, the Ambassador said that he had arranged the reception to hold interaction with media persons.
Published 19 Jun, 2014 12:00am
Textiles development collaboration: Pakistan, Tajikistan ink MoU

Textiles development collaboration: Pakistan, Tajikistan ink MoU

Pakistan and Tajikistan inked a memorandum of understanding (MoU) for collaboration in textiles development, in a bid to enhance friendly ties and to promote bilateral co-operation. According to a statement issued by the Ministry of Textile Industry here
Published 19 Jun, 2014 12:00am
PIAF, LTIA pledge to deal with economic challenges

PIAF, LTIA pledge to deal with economic challenges

Pakistan Industrial and Traders Associations Front (PIAF) and Lahore Township Industries Association (LTIA) have decided to make joint efforts to deal with the economic challenge. The decision was made at a meeting presided over by Chairman PIAF Malik Tah
Published 19 Jun, 2014 12:00am
Opposition declines to accept Khyber Pakhtunkhwa budget

Opposition declines to accept Khyber Pakhtunkhwa budget

Opposition parties in Khyber Pakhtunkhwa Assembly on Wednesday continued their debate on provincial budget and declined to accept PTI budget for 2014-15. The debate was opened by the leader of Qaumi Wattan Party (QWP), Sikandar Hayat Sherpao, who termed K
Published 19 Jun, 2014 12:00am
Attack on MQM MNA: Altaf asks party workers to remain peaceful

Attack on MQM MNA: Altaf asks party workers to remain peaceful

Muttahida Qaumi Movement (MQM) chief Altaf Hussain on Wednesday prayed for the recovery of party MNA Tahira Asif, who was shot multiple times in Lahore. Hussain said that he himself spoke to doctors involved in Tahira Asif's treatment. "Doctors are trying
Published 19 Jun, 2014 12:00am
Astana all set to organise EXPO 2017

Astana all set to organise EXPO 2017

Astana, the capital of Kazakhstan, is all-set to welcome the world for the one of the biggest event - EXPO 2017 - with the aim to bring the Central Asian states on the global arena with a number of surprises. Some officials of Kazakhstan exclusively talki
Published 19 Jun, 2014 12:00am
Lady health workers case: hearing to resume today

Lady health workers case: hearing to resume today

The Supreme Court on Wednesday adjourned till today (Thursday) the proceedings of a contempt of court petition pertaining to non-payment of salaries to lady health workers. A three-member bench headed by Justice Jawad S Khawaja heard the petition filed by
Published 19 Jun, 2014 12:00am
TV channel's plea: hearing adjourned to June 25

TV channel's plea: hearing adjourned to June 25

A three-member Supreme Court bench on Wednesday adjourned the proceedings of a petition filed by Geo TV. During the course of proceedings, Akram Sheikh, the counsel for Geo, told the court that as many as 45 cases against Geo are pending in
Published 19 Jun, 2014 12:00am
Pak-Tajik road link to improve ties: Prime Minister

Pak-Tajik road link to improve ties: Prime Minister

Prime Minister Nawaz Sharif on Wednesday said that road link between Pakistan and Tajikistan through Wakhan corridor could further improve the economic relations while the other regional countries will also benefit due to better connectivity and rise in e
Published 19 Jun, 2014 12:00am
Call for cementing agricultural-academia ties: Korea envoy visits UAF

Call for cementing agricultural-academia ties: Korea envoy visits UAF

Korean Ambassador to Pakistan Professor Dr Song Jong-hwan on Wednesday called for cementing agricultural and academia ties between both countries in order to create new business and investment environment and to get benefit from each other experiences. He
Published 19 Jun, 2014 12:00am
Man killed in Chaman firing

Man killed in Chaman firing

A man was killed in firing by unknown men in Mehmoodabad area, on Wednesday. Tehsildar Chaman, Muhammad Younus Achakzai said the victim Muhammad Sadiq was sitting outside of his house in Mehmoodabad area when unidentified armed men riding a motorcycle ope
Published 19 Jun, 2014 12:00am
US drone attacks condemned

US drone attacks condemned

Pakistan has condemned the US drone attacks near Miranshah, North Waziristan where the country forces have launched a massive military operation against the local and foreign militants. "The government of Pakistan condemns the two incidents of US drone st
Published 19 Jun, 2014 12:00am
Over Rs 220 billion Balochistan budget today

Over Rs 220 billion Balochistan budget today

Over Rs 220 billion Balochistan Budget for fiscal year 2014-15 will be tabled in the Balochistan Assembly on Thursday (today). Speaker Mir Jan Muhammad Khan Jamali has summoned the assembly session on June 18 on the requisition of the members of Balochist
Published 19 Jun, 2014 12:00am
Over Rs 220 billion Balochistan budget today

Over Rs 220 billion Balochistan budget today

Over Rs 220 billion Balochistan Budget for fiscal year 2014-15 will be tabled in the Balochistan Assembly on Thursday (today). Speaker Mir Jan Muhammad Khan Jamali has summoned the assembly session on June 18 on the requisition of the members of Balochist
Published 19 Jun, 2014 12:00am
PIBs auction fetches over Rs 216 billion

PIBs auction fetches over Rs 216 billion

The federal government on Wednesday borrowed over Rs 216 billion through the auction of long-term government bonds against the auction target of Rs 100 billion. The last auction of Pakistan Investment Bonds (PIBs) 3-, 5-, 10- and 20-year maturity for this
Published 19 Jun, 2014 12:00am
PIBs auction fetches over Rs 216 billion

PIBs auction fetches over Rs 216 billion

The federal government on Wednesday borrowed over Rs 216 billion through the auction of long-term government bonds against the auction target of Rs 100 billion. The last auction of Pakistan Investment Bonds (PIBs) 3-, 5-, 10- and 20-year maturity for this
Published 19 Jun, 2014 12:00am
The Weather

The Weather

The weather report on Wednesday (June 18, 2014) and the forecast for Thursday (June 19, 2014).

Published 19 Jun, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
PML-Q supports Qadri's protest drive

PML-Q supports Qadri's protest drive

Pakistan Muslim League-Quaid (PML-Q) has announced its decision to fully support and participate in the agitation drive of PAT leader Dr Tahirul Qadri against the government and the party took this decision after Chaudhry Shujaat Hussain and Pervez Elahi
Published 19 Jun, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
Death toll of PAT workers rises to 11

Death toll of PAT workers rises to 11

The death toll of Pakistan Awami Tehrike (PAT) has reached to eleven when three PAT workers in critical condition took their last breath at Jinnah hospital. Eight PAT workers were killed on Tuesday in clash with police at Minhajul Quran Secretariat, Model
Published 19 Jun, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jun, 2014 12:00am
Gullu is not PML-N worker: Rana Sanaullah

Gullu is not PML-N worker: Rana Sanaullah

Punjab Law Minister Rana Sanaullah claimed on Wednesday that Gullu Butt was not a worker of the Pakistan Muslim League-Nawaz (PML-N) and the party has no connection with him. Talking to media outside the Punjab Assembly, the provincial law minister said t
Published 19 Jun, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 19 Jun, 2014 12:00am
LHCBA condemns Lahore incident

LHCBA condemns Lahore incident

The Lahore High Court Bar Association (LHCBA) during a general house meeting passed a unanimous resolution against the brutal killing of PAT workers here on Wednesday. LHCBA demanded resignation of Chief Minister Punjab Shahbaz Sharif, Law Minister Rana S
Published 19 Jun, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
Journalists' security: body formed

Journalists' security: body formed

The Balochistan government has formed a committee to compile and furnish its recommendations on social security of the journalists' families. Officials said on Wednesday that Provincial Information Minister, Abdul Raheem Ziaratwal will be head of the comm
Published 19 Jun, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
Islamabad police conducts exercises to cope with emergency situation

Islamabad police conducts exercises to cope with emergency situation

Islamabad Police on Wednesday performed rehearsal to meet any kind of emergency situation through save our souls (SOS) call. Senior officials including bomb disposal squad, police commandos, Pakistan Rangers, Rescue 15, CID, CIA & Special Branch of Islama
Published 19 Jun, 2014 12:00am
Nisar's absence fuels speculations

Nisar's absence fuels speculations

The reported differences with the party leadership followed by reports of his illness account for Interior Minister Chaudhry Nisar Ali Khan's long absence from active participation in government affairs, well placed sources revealed to Business Recorde
Published 19 Jun, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
PTI leader demands resignation of Punjab CM, Law Minister

PTI leader demands resignation of Punjab CM, Law Minister

The opposition leader in the Punjab Assembly Pakistan Tehreek-e-Insaf's Mian Mehmood-ur-Rasheed demanded the resignation of the Punjab chief minister as well as that of the Punjab law minister. He was talking to media men here on Wednesday outside the Pun
Published 19 Jun, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
Punjab cabinet grieved over Lahore incident

Punjab cabinet grieved over Lahore incident

A special meeting of the Punjab Cabinet held here on Wednesday with Chief Minister Muhammad Shahbaz Sharif in the chair expressed deep grief and sorrow over the loss of human lives in a clash with police in Lahore on Tuesday. The cabinet also offered fate
Published 19 Jun, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
Twitter restores access to ''blasphemous'' content

Twitter restores access to ''blasphemous'' content

Twitter has restored access inside Pakistan to dozens of tweets and accounts, after blocking them last month following official complaints about "blasphemous" content, in a move hailed by free speech activists. The microblogging site said it had changed i
Published 19 Jun, 2014 12:00am
Twitter restores access to 'blasphemous' content

Twitter restores access to 'blasphemous' content

Twitter has restored access inside Pakistan to dozens of tweets and accounts, after blocking them last month following official complaints about "blasphemous" content, in a move hailed by free speech activists. The microblogging site said it had changed i
Published 19 Jun, 2014 12:00am
Twitter restores access to 'blasphemous' content

Twitter restores access to 'blasphemous' content

Twitter has restored access inside Pakistan to dozens of tweets and accounts, after blocking them last month following official complaints about "blasphemous" content, in a move hailed by free speech activists. The microblogging site said it had changed i
Published 19 Jun, 2014 12:00am
THE RUPEE: steady trend

THE RUPEE: steady trend

The rupee managed to gain against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee maintained firmness in terms of the dollar, recovering 18-paisa for buying at Rs 98.32 and it also picked up 15-paisa for sell
Published 19 Jun, 2014 12:00am
Finance Bill amended: restriction on ST input tax adjustment removed

Finance Bill amended: restriction on ST input tax adjustment removed

The Federal Board of Revenue (FBR) has fulfilled a major demand of the business community by withdrawing a budgetary decision pertaining to the restriction on ST input tax adjustment through amended Finance Bill (2014-15). A comparison of the Finance Bill
Published 19 Jun, 2014 12:00am
THE RUPEE: steady trend

THE RUPEE: steady trend

The rupee managed to gain against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee maintained firmness in terms of the dollar, recovering 18-paisa for buying at Rs 98.32 and it also picked up 15-paisa for sell
Published 19 Jun, 2014 12:00am
Finance Bill amended: restriction on ST input tax adjustment removed

Finance Bill amended: restriction on ST input tax adjustment removed

The Federal Board of Revenue (FBR) has fulfilled a major demand of the business community by withdrawing a budgetary decision pertaining to the restriction on ST input tax adjustment through amended Finance Bill (2014-15). A comparison of the Finance Bill
Published 19 Jun, 2014 12:00am
Finance Bill amended: restriction on ST input tax adjustment removed

Finance Bill amended: restriction on ST input tax adjustment removed

The Federal Board of Revenue (FBR) has fulfilled a major demand of the business community by withdrawing a budgetary decision pertaining to the restriction on ST input tax adjustment through amended Finance Bill (2014-15). A comparison of the Finance Bill
Published 19 Jun, 2014 12:00am
Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Coca-Cola Co expects to start production in five new factories in Egypt and Pakistan over the next 18 months, seeing double-digit percentage growth in sales for both markets this year, its Middle East and North Africa president told Reuters. "Egypt is goi
Published 19 Jun, 2014 12:00am
Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Coca-Cola Co expects to start production in five new factories in Egypt and Pakistan over the next 18 months, seeing double-digit percentage growth in sales for both markets this year, its Middle East and North Africa president told Reuters. "Egypt is goi
Published 19 Jun, 2014 12:00am
Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Soft drinks maker invests in Pakistan, Egypt, sees big sales growth

Coca-Cola Co expects to start production in five new factories in Egypt and Pakistan over the next 18 months, seeing double-digit percentage growth in sales for both markets this year, its Middle East and North Africa president told Reuters. "Egypt is goi
Published 19 Jun, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (June 18, 2014).

Published 19 Jun, 2014 12:00am
NPF of IBI falls to Rs 18.8 billion in Q1CY14

NPF of IBI falls to Rs 18.8 billion in Q1CY14

Non-Performing Financing (NPF) of Islamic Banking Industry (IBB) continued to decrease reaching Rs 18.8 billion at the end of first quarter of this calendar year (CY14). Industry sources told Business Recorder on Wednesday that among asset quality
Published 19 Jun, 2014 12:00am
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