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Print - 2014-09-16
It's the economy, stupid!: Scots focus on money issues

It's the economy, stupid!: Scots focus on money issues

This week's Scottish independence referendum is a lot about the economy, experts say, as voters mull the outlook for their currency, oil revenues, jobs, national debt and EU membership. Scots will cast their ballot Thursday in a knife-edge vote that could
Published 16 Sep, 2014 12:00am
As Fed looms, emerging markets may evade 2013-style rout

As Fed looms, emerging markets may evade 2013-style rout

Just as vaccines work by stimulating the body's immune system, last year's sell-off may have helped emerging markets build defences against the damage they have suffered during past US rate rise cycles. This week's market moves are rekindling memories of
Published 16 Sep, 2014 12:00am
Malgovernance: Pakistan's hallmark?

Malgovernance: Pakistan's hallmark?

In my column last week, I had expressed doubts about success of 'negotiations' between the PML-N regime and the PTI-PAT combine. These negotiations were bound to fail; large-scale arrests of PTI-PAT supporters ensured this unfortunate end, and also proved
Published 16 Sep, 2014 12:00am
A poor student of history

A poor student of history

The call from Allama Dr Tahirul Qadri to scribble 'Go Nawaz Go' on banknotes as mark of protest in the ongoing 'Dharna' or sit-in is deep-rooted in our history. However, it is a failed move because Qadri is undoubtedly a poor student of history. Gandhiji
Published 16 Sep, 2014 12:00am
Saving Karachi's green cover

Saving Karachi's green cover

Thanks to concerned citizens, as many as 1,400 trees bordering a park in Karachi's Clifton area have been saved. A two-member bench of the Sindh High Court has granted stay on two private citizens petition against the Sindh government, Karachi Metropolita
Published 16 Sep, 2014 12:00am
The Weather

The Weather

The weather report on Monday (September 15, 2014) and the forecast for Tuesday (September 16, 2014).

Published 16 Sep, 2014 12:00am
Detained PTI, PAT workers: LHC issues notice to government

Detained PTI, PAT workers: LHC issues notice to government

The Lahore High Court here on Monday issued notices to Punjab government and inspector general of police for September 18 in response to a petition filed by a local leader of PTI Zubair Khan Niazi. The petitioner has sought the initiation of contempt proc
Published 16 Sep, 2014 12:00am
Bullion Rates

Bullion Rates

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

Published 16 Sep, 2014 12:00am
Detained PTI, PAT workers: LHC issues notice to government

Detained PTI, PAT workers: LHC issues notice to government

The Lahore High Court here on Monday issued notices to Punjab government and inspector general of police for September 18 in response to a petition filed by a local leader of PTI Zubair Khan Niazi. The petitioner has sought the initiation of contempt proc
Published 16 Sep, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 16 Sep, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

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

Cotton Spot Rates

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

Published 16 Sep, 2014 12:00am
Qadri suspends ''''banknote campaign''''

Qadri suspends ''''banknote campaign''''

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri Monday withdrew his decision of scribbling "go Nawaz go" slogan on currency notes in the aftermath of a strong reaction by State Bank of Pakistan. Addressing the participants of ''''Inqilab march'''', Qa
Published 16 Sep, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (September 15, 2014) and for Tuesday (September 16, 2014).
Published 16 Sep, 2014 12:00am
Qadri suspends ''banknote campaign''

Qadri suspends ''banknote campaign''

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri Monday withdrew his decision of scribbling "go Nawaz go" slogan on currency notes in the aftermath of a strong reaction by State Bank of Pakistan. Addressing the participants of ''Inqilab march'', Qadri
Published 16 Sep, 2014 12:00am
Qadri suspends 'banknote campaign'

Qadri suspends 'banknote campaign'

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri Monday withdrew his decision of scribbling "go Nawaz go" slogan on currency notes in the aftermath of a strong reaction by State Bank of Pakistan. Addressing the participants of 'Inqilab march', Qadri sa
Published 16 Sep, 2014 12:00am
Qadri suspends 'banknote campaign'

Qadri suspends 'banknote campaign'

Pakistan Awami Tehreek (PAT) chief Dr Tahirul Qadri Monday withdrew his decision of scribbling "go Nawaz go" slogan on currency notes in the aftermath of a strong reaction by State Bank of Pakistan. Addressing the participants of 'Inqilab march', Qadri sa
Published 16 Sep, 2014 12:00am
Banks bound under law that they must not accept scribbled notes

Banks bound under law that they must not accept scribbled notes

The banks are bound under the law not to take the currency notes inscribed with slogans or messages of political, religious or commercial nature. Such notes under the 1977 Ordinance promulgated by the then President, Fazal Elahi Chaudhry, cease to be a le
Published 16 Sep, 2014 12:00am
Banks bound under law that they must not accept scribbled notes

Banks bound under law that they must not accept scribbled notes

The banks are bound under the law not to take the currency notes inscribed with slogans or messages of political, religious or commercial nature. Such notes under the 1977 Ordinance promulgated by the then President, Fazal Elahi Chaudhry, cease to be a le
Published 16 Sep, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (September 15, 2014)

Published 16 Sep, 2014 12:00am
Banks bound under law that they must not accept scribbled notes

Banks bound under law that they must not accept scribbled notes

The banks are bound under the law not to take the currency notes inscribed with slogans or messages of political, religious or commercial nature. Such notes under the 1977 Ordinance promulgated by the then President, Fazal Elahi Chaudhry, cease to be a le
Published 16 Sep, 2014 12:00am
Another FIR registered against Imran

Another FIR registered against Imran

The Islamabad police on Monday registered another case against Pakistan Tehreek Insaf's (PTI) Chief Imran Khan for "forcefully" securing the release of his party workers from the police custody. According to the First Information Report (FIR) No 201 regis
Published 16 Sep, 2014 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (September 15, 2014).

Published 16 Sep, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (September 15, 2014).

Published 16 Sep, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

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

Published 16 Sep, 2014 12:00am
IP pipeline talks anytime soon: Khaqan

IP pipeline talks anytime soon: Khaqan

Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has said that Pakistani and Iranian delegates will hold talks over the construction of Iran Pakistan (IP) gas pipeline within the next few days. Addressing a press conference here on
Published 16 Sep, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 16 Sep, 2014 12:00am
IP pipeline talks anytime soon: Khaqan

IP pipeline talks anytime soon: Khaqan

Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has said that Pakistani and Iranian delegates will hold talks over the construction of Iran Pakistan (IP) gas pipeline within the next few days. Addressing a press conference here on
Published 16 Sep, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

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

Published 16 Sep, 2014 12:00am
IP pipeline talks anytime soon: Khaqan

IP pipeline talks anytime soon: Khaqan

Federal Minister of Petroleum and Natural Resources Shahid Khaqan Abbasi has said that Pakistani and Iranian delegates will hold talks over the construction of Iran Pakistan (IP) gas pipeline within the next few days. Addressing a press conference here on
Published 16 Sep, 2014 12:00am
THE RUPEE: dollar climbs

THE RUPEE: dollar climbs

The dollar managed to gain sharply in relation to the rupee on the money market in the process of trading, dealers said on Monday. The rupee came under pressure in terms of the dollar, dropping 45-paisa for buying at Rs 102.95 and it also shed 43-paisa fo
Published 16 Sep, 2014 12:00am
Election 2013: ECP plans to release details for greater transparency

Election 2013: ECP plans to release details for greater transparency

Election Commission of Pakistan (ECP) plans to release next week details of polling station vote counts, accounting of ballot papers, consolidation of election results and polling schemes implemented on 11 May 2013 elections. An ECP official said it is no
Published 16 Sep, 2014 12:00am
THE RUPEE: dollar climbs

THE RUPEE: dollar climbs

The dollar managed to gain sharply in relation to the rupee on the money market in the process of trading, dealers said on Monday. The rupee came under pressure in terms of the dollar, dropping 45-paisa for buying at Rs 102.95 and it also shed 43-paisa fo
Published 16 Sep, 2014 12:00am
Election 2013: ECP plans to release details for greater transparency

Election 2013: ECP plans to release details for greater transparency

Election Commission of Pakistan (ECP) plans to release next week details of polling station vote counts, accounting of ballot papers, consolidation of election results and polling schemes implemented on 11 May 2013 elections. An ECP official said it is no
Published 16 Sep, 2014 12:00am
BRIndex30 gains 10.38 points

BRIndex30 gains 10.38 points

On Monday, BRIndex30 opened at 16,398.77 points. It touched an intraday high of 16,467.85 and an intraday low of 16,321.83 points and closed at 16,409.15 points which was 10.38 points or 0.06 percent higher than previous close. Total volume was 75,991,800
Published 16 Sep, 2014 12:00am
BRIndex30 gains 10.38 points

BRIndex30 gains 10.38 points

On Monday, BRIndex30 opened at 16,398.77 points. It touched an intraday high of 16,467.85 and an intraday low of 16,321.83 points and closed at 16,409.15 points which was 10.38 points or 0.06 percent higher than previous close. Total volume was 75,991,800
Published 16 Sep, 2014 12:00am
Index posts minor gains

Index posts minor gains

The Karachi share market Monday closed higher led by cement and banking stocks on strong valuations. The benchmark KSE-100 index moved slightly up by 25 points to close at 30,070 points compared to 30,045 points Friday. Analysts said the benchmark KSE-100
Published 16 Sep, 2014 12:00am
Index posts minor gains

Index posts minor gains

The Karachi share market Monday closed higher led by cement and banking stocks on strong valuations. The benchmark KSE-100 index moved slightly up by 25 points to close at 30,070 points compared to 30,045 points Friday. Analysts said the benchmark KSE-100
Published 16 Sep, 2014 12:00am
Index posts minor gains

Index posts minor gains

The Karachi share market Monday closed higher led by cement and banking stocks on strong valuations. The benchmark KSE-100 index moved slightly up by 25 points to close at 30,070 points compared to 30,045 points Friday. Analysts said the benchmark KSE-100
Published 16 Sep, 2014 12:00am
OECD chops growth forecasts as eurozone crimps recovery

OECD chops growth forecasts as eurozone crimps recovery

The sickly eurozone recovery is a drag on the outlook for the global economy, the OECD warned on Monday as it cut growth forecasts for most major advanced economies. The sluggish recovery is also at risk from increased tension over conflicts in Ukraine an
Published 16 Sep, 2014 12:00am
OECD chops growth forecasts as eurozone crimps recovery

OECD chops growth forecasts as eurozone crimps recovery

The sickly eurozone recovery is a drag on the outlook for the global economy, the OECD warned on Monday as it cut growth forecasts for most major advanced economies. The sluggish recovery is also at risk from increased tension over conflicts in Ukraine an
Published 16 Sep, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Sep, 2014 12:00am
OECD chops growth forecasts as eurozone crimps recovery

OECD chops growth forecasts as eurozone crimps recovery

The sickly eurozone recovery is a drag on the outlook for the global economy, the OECD warned on Monday as it cut growth forecasts for most major advanced economies. The sluggish recovery is also at risk from increased tension over conflicts in Ukraine an
Published 16 Sep, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 16 Sep, 2014 12:00am
Iran supreme leader spurns US overture to fight IS

Iran supreme leader spurns US overture to fight IS

Iran's supreme leader said on Monday he had personally rejected an offer from the United States for talks to fight Islamic State, an apparent blow to Washington's efforts to build a military coalition to fight militants in both Iraq and Syria. World power
Published 16 Sep, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 16 Sep, 2014 12:00am
Iran supreme leader spurns US overture to fight IS

Iran supreme leader spurns US overture to fight IS

Iran's supreme leader said on Monday he had personally rejected an offer from the United States for talks to fight Islamic State, an apparent blow to Washington's efforts to build a military coalition to fight militants in both Iraq and Syria. World power
Published 16 Sep, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 16 Sep, 2014 12:00am
UJC suspends jihad to help flood efforts

UJC suspends jihad to help flood efforts

An alliance of pro-Pakistani groups fighting in Indian held Kashmir announced Monday it was suspending jihadist activities to carry out rescue and relief work for flood victims. The umbrella United Jihad Council (UJC) was formed in 1994. Talking to AFP, S
Published 16 Sep, 2014 12:00am
UJC suspends jihad to help flood efforts

UJC suspends jihad to help flood efforts

An alliance of pro-Pakistani groups fighting in Indian held Kashmir announced Monday it was suspending jihadist activities to carry out rescue and relief work for flood victims. The umbrella United Jihad Council (UJC) was formed in 1994. Talking to AFP, S
Published 16 Sep, 2014 12:00am
Nawaz promises to rebuild houses

Nawaz promises to rebuild houses

Prime Minister Nawaz Sharif on Monday promised to rebuild houses of flood-affected people and ceaseless support of the government till their return to homes. Addressing a gathering of flood-affected people at a relief camp at Shershah Rural Health Centre,
Published 16 Sep, 2014 12:00am
Nawaz promises to rebuild houses

Nawaz promises to rebuild houses

Prime Minister Nawaz Sharif on Monday promised to rebuild houses of flood-affected people and ceaseless support of the government till their return to homes. Addressing a gathering of flood-affected people at a relief camp at Shershah Rural Health Centre,
Published 16 Sep, 2014 12:00am
Complacency likely to creep in as Sindh flood fears lessen

Complacency likely to creep in as Sindh flood fears lessen

Flood water is now moving towards Sindh after wreaking havoc across Punjab where 232 lost their lives whereas about 2.2 million got affected, reveals data released by National Disaster Management Authority (NDMA) on Monday. Pakistan Metrological Departmen
Published 16 Sep, 2014 12:00am
Complacency likely to creep in as Sindh flood fears lessen

Complacency likely to creep in as Sindh flood fears lessen

Flood water is now moving towards Sindh after wreaking havoc across Punjab where 232 lost their lives whereas about 2.2 million got affected, reveals data released by National Disaster Management Authority (NDMA) on Monday. Pakistan Metrological Departmen
Published 16 Sep, 2014 12:00am
15 militants dead in airstrikes

15 militants dead in airstrikes

At least 15 militants were killed Monday when the military pounded positions in the troubled north-western tribal region, the army reported. The airstrikes were launched in the Tabai area of North Waziristan, one of seven districts where the army has been
Published 16 Sep, 2014 12:00am
15 militants dead in airstrikes

15 militants dead in airstrikes

At least 15 militants were killed Monday when the military pounded positions in the troubled north-western tribal region, the army reported. The airstrikes were launched in the Tabai area of North Waziristan, one of seven districts where the army has been
Published 16 Sep, 2014 12:00am
ISAF Commander, Army Chief discuss security matters

ISAF Commander, Army Chief discuss security matters

Pakistan Army took up the matter of co-ordination with International Security Assistance Force (ISAF) during a meeting between General John Campbell, Commander ISAF and Chief of Army Staff (CoAS) General Raheel Sharif, here at General Headquarters on Mond
Published 16 Sep, 2014 12:00am
ISAF Commander, Army Chief discuss security matters

ISAF Commander, Army Chief discuss security matters

Pakistan Army took up the matter of co-ordination with International Security Assistance Force (ISAF) during a meeting between General John Campbell, Commander ISAF and Chief of Army Staff (CoAS) General Raheel Sharif, here at General Headquarters on Mond
Published 16 Sep, 2014 12:00am