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Print - 2014-07-03
Model Town tragedy: 'two police teams investigating independently'

Model Town tragedy: 'two police teams investigating independently'

Two different investigation teams constituted by the government are independently operating and inquiring into the Model Town tragedy, Inspector General Police Punjab Mushtaq Sukhera said here on Wednesday. He said the joint investigation team (JIT) which
Published 03 Jul, 2014 12:00am
Punjab government asked to appoint permanent AG within two weeks

Punjab government asked to appoint permanent AG within two weeks

A full bench of the Lahore High Court here on Wednesday ordered Punjab government to appoint a permanent Advocate General within two weeks. The bench headed by Justice Syed Mansoor Ali Shah, passed this order in a petition filed by Advocate Rab Nawaz Dhad
Published 03 Jul, 2014 12:00am
The Weather

The Weather

The weather report on Wednesday (July 02, 2014) and the forecast for Thursday (July 03, 2014).

Published 03 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
Arms licence revalidation extended

Arms licence revalidation extended

In order to facilitate the public, the Ministry of Interior has extended the date for revalidation /Conversion of arms licence booklet into Computerised Arms licence up to 31st of December, 2014. A notification issued by the Ministry said the licences iss
Published 03 Jul, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
SHC seeks JIT report on student's detention under PPA

SHC seeks JIT report on student's detention under PPA

The Sindh High Court (SHC) on Wednesday directed counsel for Rangers to submit a report of Joint Investigation Team (JIT) probing the matter pertaining to detention of a student by paramilitary forces under Pakistan Protection Act. A division bench headed
Published 03 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 03 Jul, 2014 12:00am
Sethi meets Prime Minister

Sethi meets Prime Minister

Pakistan Cricket Board Chairman Najam Sethi called on the Prime Minister Nawaz Sharif on Tuesday at PM House. Prime Minister appreciated the state of affairs in the Cricket Board and reiterated his full support to the board in bringing back international
Published 03 Jul, 2014 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 03 Jul, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
Security-related issues: Afghan military team to visit today

Security-related issues: Afghan military team to visit today

A high-level Afghan military delegation is arriving today (Thursday) in the backdrop of the recent visit by Afghan National Security Adviser Dr Rangin Spanta to discuss security-related issues and ways for better border management following the series of
Published 03 Jul, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Wednesday (July 02, 2014) and for Thursday (July 03, 2014).
Published 03 Jul, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
EFU General Insurance

EFU General Insurance

EFU General Insurance was incorporated in September 1932 by Ghulam Mohammad along with the mutual aid of Aga Khan III and the Nawab of Mughal. Also, the company is renowned as the mother of other insurance organisations of EFU Group.
Published 03 Jul, 2014 12:00am
EFU General Insurance

EFU General Insurance

EFU General Insurance was incorporated in September 1932 by Ghulam Mohammad along with the mutual aid of Aga Khan III and the Nawab of Mughal. Also, the company is renowned as the mother of other insurance organisations of EFU Group.
Published 03 Jul, 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 (July 02, 2014).

Published 03 Jul, 2014 12:00am
Nuclear export group divided over ties with India: diplomats

Nuclear export group divided over ties with India: diplomats

An influential global body that controls atomic exports is divided over establishing closer ties with India, meaning the nuclear-armed Asian power may have to wait a while longer before joining. Diplomatic sources said different opinions were voiced in a
Published 03 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
Calls for calm as Palestinian killing sparks rioting

Calls for calm as Palestinian killing sparks rioting

A Palestinian teenager was kidnapped and killed Wednesday, apparently in revenge for the murder of three Israeli youths, prompting international calls for calm as violence flared in Jerusalem. Israel's Prime Minister Benjamin Netanyahu condemned the "desp
Published 03 Jul, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
Calls for calm as Palestinian killing sparks rioting

Calls for calm as Palestinian killing sparks rioting

A Palestinian teenager was kidnapped and killed Wednesday, apparently in revenge for the murder of three Israeli youths, prompting international calls for calm as violence flared in Jerusalem. Israel's Prime Minister Benjamin Netanyahu condemned the "desp
Published 03 Jul, 2014 12:00am
US spying row overshadows McCain's trip to India

US spying row overshadows McCain's trip to India

A visit to India by US Senator John McCain on Wednesday was overshadowed by a row over reports that the National Security Agency was authorised to spy on Prime Minister Narendra Modi's party in 2010. McCain cancelled a news conference due to be held outsi
Published 03 Jul, 2014 12:00am
US spying row overshadows McCain's trip to India

US spying row overshadows McCain's trip to India

A visit to India by US Senator John McCain on Wednesday was overshadowed by a row over reports that the National Security Agency was authorised to spy on Prime Minister Narendra Modi's party in 2010. McCain cancelled a news conference due to be held outsi
Published 03 Jul, 2014 12:00am
Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit and dividend by foreign investors crossed $1 billion mark during first 11 months of fiscal year 2013-2014 (FY14), following improved economic activity and rising profitability of companies. Sources in banking industry told Busine
Published 03 Jul, 2014 12:00am
Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit and dividend by foreign investors crossed $1 billion mark during first 11 months of fiscal year 2013-2014 (FY14), following improved economic activity and rising profitability of companies. Sources in banking industry told Busine
Published 03 Jul, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit, dividend crosses $1 billion mark

Repatriation of profit and dividend by foreign investors crossed $1 billion mark during first 11 months of fiscal year 2013-2014 (FY14), following improved economic activity and rising profitability of companies. Sources in banking industry told Busine
Published 03 Jul, 2014 12:00am
After BNP, US may hit other banks for sanctions-busting

After BNP, US may hit other banks for sanctions-busting

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and UniCredit may be in the cross-hairs of US authorities for sanctions-busting. US authorities on Monday slammed BNP, France''s largest bank, with a record $8.9
Published 03 Jul, 2014 12:00am
After BNP, US may hit other banks for sanctions-busting

After BNP, US may hit other banks for sanctions-busting

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and UniCredit may be in the cross-hairs of US authorities for sanctions-busting. US authorities on Monday slammed BNP, France's largest bank, with a record $8.9 b
Published 03 Jul, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Jul, 2014 12:00am
After BNP, US may hit other banks for sanctions-busting

After BNP, US may hit other banks for sanctions-busting

After French giant BNP Paribas, other big European banks like Credit Agricole, Deutsche Bank and UniCredit may be in the cross-hairs of US authorities for sanctions-busting. US authorities on Monday slammed BNP, France's largest bank, with a record $8.9 b
Published 03 Jul, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Jul, 2014 12:00am
Spanish princess appeals tax, fraud charges

Spanish princess appeals tax, fraud charges

Spanish King Felipe VI''s sister, Princess Cristina, appealed Wednesday against tax and money-laundering charges that threaten to land her in an unprecedented criminal trial. If Cristina ends up in the dock, it would be a first for a direct relative of th
Published 03 Jul, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 03 Jul, 2014 12:00am
Spanish princess appeals tax, fraud charges

Spanish princess appeals tax, fraud charges

Spanish King Felipe VI's sister, Princess Cristina, appealed Wednesday against tax and money-laundering charges that threaten to land her in an unprecedented criminal trial. If Cristina ends up in the dock, it would be a first for a direct relative of the
Published 03 Jul, 2014 12:00am
Spanish princess appeals tax, fraud charges

Spanish princess appeals tax, fraud charges

Spanish King Felipe VI's sister, Princess Cristina, appealed Wednesday against tax and money-laundering charges that threaten to land her in an unprecedented criminal trial. If Cristina ends up in the dock, it would be a first for a direct relative of the
Published 03 Jul, 2014 12:00am
Petition dismissed

Petition dismissed

The Lahore High Court here on Wednesday dismissed a petition challenging the Pakistan Protection Bill 2014. The petitioner said that Pakistan Protection Bill was against the fundamental rights of the citizen. He said under the said bill, any citizen could
Published 03 Jul, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Jul, 2014 12:00am
Petition dismissed

Petition dismissed

The Lahore High Court here on Wednesday dismissed a petition challenging the Pakistan Protection Bill 2014. The petitioner said that Pakistan Protection Bill was against the fundamental rights of the citizen. He said under the said bill, any citizen could
Published 03 Jul, 2014 12:00am
Jillani to be appointed CEC after retirement?

Jillani to be appointed CEC after retirement?

Chief Justice Tassaduq Hussain Jillani is likely to be appointed as Chief Election Commissioner (CEC) after retirement on July 5th. Sources have confirmed that the government and opposition have reached an agreement to appoint Justice Tassaduq Hussain Jil
Published 03 Jul, 2014 12:00am
Jillani to be appointed CEC after retirement?

Jillani to be appointed CEC after retirement?

Chief Justice Tassaduq Hussain Jillani is likely to be appointed as Chief Election Commissioner (CEC) after retirement on July 5th. Sources have confirmed that the government and opposition have reached an agreement to appoint Justice Tassaduq Hussain Jil
Published 03 Jul, 2014 12:00am
Ecnec to take up Motorway, Gwadar FTZ today

Ecnec to take up Motorway, Gwadar FTZ today

The Executive Committee of the National Economic Council (Ecnec) will meet today (Thursday) for taking up Karachi-Multan-Lahore Motorway project as well as acquisition of land for setting up of Free Trade Zone at Gwadar, it is learnt. Sources said the Ecn
Published 03 Jul, 2014 12:00am
Ecnec to take up Motorway, Gwadar FTZ today

Ecnec to take up Motorway, Gwadar FTZ today

The Executive Committee of the National Economic Council (Ecnec) will meet today (Thursday) for taking up Karachi-Multan-Lahore Motorway project as well as acquisition of land for setting up of Free Trade Zone at Gwadar, it is learnt. Sources said the Ecn
Published 03 Jul, 2014 12:00am
Ecnec to take up Motorway, Gwadar FTZ today

Ecnec to take up Motorway, Gwadar FTZ today

The Executive Committee of the National Economic Council (Ecnec) will meet today (Thursday) for taking up Karachi-Multan-Lahore Motorway project as well as acquisition of land for setting up of Free Trade Zone at Gwadar, it is learnt. Sources said the Ecn
Published 03 Jul, 2014 12:00am
Dealers'' margin: ECC to approve Rs 40 on each 50kg urea bag

Dealers'' margin: ECC to approve Rs 40 on each 50kg urea bag

Economic Co-ordination Committee (ECC) of the Cabinet on July 5, 2014 will approve Rs 40 per 50kg urea bag as dealers'' margin on imported urea being sold by the National Fertilizer Marketing Limited (NFML) through its dealers'' network across the country
Published 03 Jul, 2014 12:00am
Dealers' margin: ECC to approve Rs 40 on each 50kg urea bag

Dealers' margin: ECC to approve Rs 40 on each 50kg urea bag

Economic Co-ordination Committee (ECC) of the Cabinet on July 5, 2014 will approve Rs 40 per 50kg urea bag as dealers' margin on imported urea being sold by the National Fertilizer Marketing Limited (NFML) through its dealers' network across the country.
Published 03 Jul, 2014 12:00am
Dealers' margin: ECC to approve Rs 40 on each 50kg urea bag

Dealers' margin: ECC to approve Rs 40 on each 50kg urea bag

Economic Co-ordination Committee (ECC) of the Cabinet on July 5, 2014 will approve Rs 40 per 50kg urea bag as dealers' margin on imported urea being sold by the National Fertilizer Marketing Limited (NFML) through its dealers' network across the country.
Published 03 Jul, 2014 12:00am
Qatar Airlines to resume operations to Peshawar

Qatar Airlines to resume operations to Peshawar

Qatar Airlines will resume flight operations from Bacha Khan Airport in Peshawar from Thursday, a travel alert posted on its website said. Qatar Airlines has officially announced to restart its operations from July 3, after remaining suspended for a week
Published 03 Jul, 2014 12:00am
Qatar Airlines to resume operations to Peshawar

Qatar Airlines to resume operations to Peshawar

Qatar Airlines will resume flight operations from Bacha Khan Airport in Peshawar from Thursday, a travel alert posted on its website said. Qatar Airlines has officially announced to restart its operations from July 3, after remaining suspended for a week
Published 03 Jul, 2014 12:00am
Qatar Airlines to resume operations to Peshawar

Qatar Airlines to resume operations to Peshawar

Qatar Airlines will resume flight operations from Bacha Khan Airport in Peshawar from Thursday, a travel alert posted on its website said. Qatar Airlines has officially announced to restart its operations from July 3, after remaining suspended for a week
Published 03 Jul, 2014 12:00am
Corruption probe: Sarkozy says justice twisted by politics

Corruption probe: Sarkozy says justice twisted by politics

Former French President Nicolas Sarkozy said on Wednesday the legal system was being used for political means after he was put under formal investigation on suspicions of using his influence to gain details of a probe into his 2007 election campaign. The
Published 03 Jul, 2014 12:00am
Corruption probe: Sarkozy says justice twisted by politics

Corruption probe: Sarkozy says justice twisted by politics

Former French President Nicolas Sarkozy said on Wednesday the legal system was being used for political means after he was put under formal investigation on suspicions of using his influence to gain details of a probe into his 2007 election campaign. The
Published 03 Jul, 2014 12:00am
LSE index gains 34.89 points

LSE index gains 34.89 points

Bullish sentiments dominated on the Lahore Stock Exchange on Wednesday and the equities registered gains amid marginally improved trading turnover. The LSE-25 index gained 34.89 points to close at 5604.22 against 5569.33 of Tuesday while transaction volum
Published 03 Jul, 2014 12:00am
LSE index gains 34.89 points

LSE index gains 34.89 points

Bullish sentiments dominated on the Lahore Stock Exchange on Wednesday and the equities registered gains amid marginally improved trading turnover. The LSE-25 index gained 34.89 points to close at 5604.22 against 5569.33 of Tuesday while transaction volum
Published 03 Jul, 2014 12:00am
Bulls dominate ISE

Bulls dominate ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 5.59 points as the ISE T
Published 03 Jul, 2014 12:00am
Bulls dominate ISE

Bulls dominate ISE

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 5.59 points as the ISE T
Published 03 Jul, 2014 12:00am
US envoy for Afghanistan steps down

US envoy for Afghanistan steps down

The US special envoy for Afghanistan is stepping down at a key juncture in troubled US-Afghan ties and as the country grapples with a political crisis triggered by disputed presidential elections. James Dobbins, a veteran diplomat with deep ties to Afghan
Published 03 Jul, 2014 12:00am
Justice Anwar Zaheer appointed acting CEC

Justice Anwar Zaheer appointed acting CEC

Justice Anwar Zaheer Jamali has been appointed as acting Chief Election Commissioner (CEC). Justice Jamali will take oath of his office on Thursday. Earlier, Justice Nasirul Mulk resigned as acting CEC after notification of his appointment as Chief Justic
Published 03 Jul, 2014 12:00am
Terror threats: MQM seeks foolproof security for 90

Terror threats: MQM seeks foolproof security for 90

Deputy Convenor, Muttahida Qaumi Movement's (MQM) Rabita Committee, Khalid Maqbool Siddiqui, has demanded of concerned authorities to beef up security of party's headquarters, 90, a private TV channel reported. Quoting unnamed sources, the channel said th
Published 03 Jul, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
From 2008 to 2013: Dar spells out reasons behind PKR depreciation

From 2008 to 2013: Dar spells out reasons behind PKR depreciation

The National Assembly was informed on Wednesday that the Federal Board of Revenue (FBR) has collected a total of Rs 1,745 billion under the head of taxes during July-April 2013-14. In a written reply to the House, Minister for Finance, Revenue, Economic A
Published 03 Jul, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (July 02, 2014).

Published 03 Jul, 2014 12:00am
From 2008 to 2013: Dar spells out reasons behind PKR depreciation

From 2008 to 2013: Dar spells out reasons behind PKR depreciation

The National Assembly was informed on Wednesday that the Federal Board of Revenue (FBR) has collected a total of Rs 1,745 billion under the head of taxes during July-April 2013-14. In a written reply to the House, Minister for Finance, Revenue, Economic A
Published 03 Jul, 2014 12:00am