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Print - 2014-10-10
Security guard of Gilani's son records his statement

Security guard of Gilani's son records his statement

Security guard of former prime minister's son Abdul Qadir Gilani recorded his preliminary statement to the police regarding shooting of a youngster in Defence. In his preliminary statement, the security guard said he had repeatedly warned through hand sig
Published 10 Oct, 2014 12:00am
My son was receiving threats, claims Gilani

My son was receiving threats, claims Gilani

Former prime minister Syed Yousuf Raza Gilani on Thursday claimed that his son Abdul Qadir Gilani was getting threats and the Interior Ministry was also informed in this regard. Gilani said his son was provided with extra security in the wake of threats h
Published 10 Oct, 2014 12:00am
Shahbaz asks PML-N workers to show tolerance

Shahbaz asks PML-N workers to show tolerance

Punjab Chief Minister Muhammad Shahbaz Sharif on Thursday appealed to Pakistan Muslim League-N (PML-N) workers and people to show tolerance and restraint in the face of the provocative activities of Tehreek-e-Insaf. The Chief Minister said: "he is grieved
Published 10 Oct, 2014 12:00am
LCCI voices concern over reimposition of GIDC

LCCI voices concern over reimposition of GIDC

The Lahore Chamber of Commerce and Industry (LCCI) on Thursday took a strong exception to the re-imposition of Gas Infrastructure Development Cess (GIDC) and called upon the federal government to immediately withdraw it. The LCCI President Ijaz A Mumtaz s
Published 10 Oct, 2014 12:00am
Speakers ask India to stop LoC violation, water aggression

Speakers ask India to stop LoC violation, water aggression

Speakers at a conference on Thursday urged India to immediately stop violation of Line of Control (LoC) and water aggression against Pakistan. They called for holding dialogue to resolve all big issues between the two countries including water and Kashmir
Published 10 Oct, 2014 12:00am
Mian Atiq appointed head of MQM Media Committee

Mian Atiq appointed head of MQM Media Committee

On the instructions of MQM chief Altaf Hussain, the party has appointed Mian Atiq, member Rabita Committee, as head of the five-member MQM media committee for Punjab, MQM Central Punjab spokesman Zaigam Ali told Business Recorder, here on Thursday.
Published 10 Oct, 2014 12:00am
PIA post-Hajj operation commences

PIA post-Hajj operation commences

PIA post-Hajj operation of bringing back Hujjaj to Pakistan commenced on October 8, with five Hajj flights, three for Lahore and one each for Islamabad and Karachi. The first flight arrived at Lahore on Wednesday night while other flights arrived early ho
Published 10 Oct, 2014 12:00am
PIAF for utilising private sector expertise to spur economic growth

PIAF for utilising private sector expertise to spur economic growth

Pakistan Industrial and Traders Associations Front (PIAF) has urged the government to utilise private sector expertise and experience to spur economic growth by expediting economic activities in the country. PIAF Chairman Malik Tahir Javaid said the Chamb
Published 10 Oct, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
Gloom over eurozone as German growth outlook darkens

Gloom over eurozone as German growth outlook darkens

The outlook for the eurozone darkened Thursday as top think tanks slashed their forecasts for German growth - traditionally the bloc's economic engine - both this year and next. And the institutes urged the German government to abandon its austerity mantr
Published 10 Oct, 2014 12:00am
Gloom over eurozone as German growth outlook darkens

Gloom over eurozone as German growth outlook darkens

The outlook for the eurozone darkened Thursday as top think tanks slashed their forecasts for German growth - traditionally the bloc''s economic engine - both this year and next. And the institutes urged the German government to abandon its austerity mant
Published 10 Oct, 2014 12:00am
KSE closes below psychological barrier

KSE closes below psychological barrier

The Karachi share market on Thursday witnessed a dull session and the benchmark KSE-100 index closed below the psychological barrier of 30,000 points. The stock exchange had remained closed on Monday, Tuesday and Wednesday on account of Eid holidays and,
Published 10 Oct, 2014 12:00am
KSE closes below psychological barrier

KSE closes below psychological barrier

The Karachi share market on Thursday witnessed a dull session and the benchmark KSE-100 index closed below the psychological barrier of 30,000 points. The stock exchange had remained closed on Monday, Tuesday and Wednesday on account of Eid holidays and,
Published 10 Oct, 2014 12:00am
KSE closes below psychological barrier

KSE closes below psychological barrier

The Karachi share market on Thursday witnessed a dull session and the benchmark KSE-100 index closed below the psychological barrier of 30,000 points. The stock exchange had remained closed on Monday, Tuesday and Wednesday on account of Eid holidays and,
Published 10 Oct, 2014 12:00am
BRIndex30 loses 51.44 points

BRIndex30 loses 51.44 points

On Thursday, BRIndex30 opened at 16,209.39 points. It touched an intraday high of 16,231.59 points and an intraday low of 16,143.11 points and closed at 16,157.95 points which was -51.44 points or -0.32 percent lower than previous close. Total volume was
Published 10 Oct, 2014 12:00am
BRIndex30 loses 51.44 points

BRIndex30 loses 51.44 points

On Thursday, BRIndex30 opened at 16,209.39 points. It touched an intraday high of 16,231.59 points and an intraday low of 16,143.11 points and closed at 16,157.95 points which was -51.44 points or -0.32 percent lower than previous close. Total volume was
Published 10 Oct, 2014 12:00am
IS advances in Kobane as Turkey rejects solo ground action

IS advances in Kobane as Turkey rejects solo ground action

Advancing Islamic State fighters seized a third of the Syrian border town of Kobane Thursday despite US-led air strikes, as Turkey rejected sending troops in against the jihadists on its own. In fighting that killed dozens, calls grew for ground action to
Published 10 Oct, 2014 12:00am
IS advances in Kobane as Turkey rejects solo ground action

IS advances in Kobane as Turkey rejects solo ground action

Advancing Islamic State fighters seized a third of the Syrian border town of Kobane Thursday despite US-led air strikes, as Turkey rejected sending troops in against the jihadists on its own. In fighting that killed dozens, calls grew for ground action to
Published 10 Oct, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Oct, 2014 12:00am
Modiano, 'modern-day Proust', wins Nobel Literature Prize

Modiano, 'modern-day Proust', wins Nobel Literature Prize

France's Patrick Modiano won the Nobel Literature Prize on Thursday for his enigmatic novels rooted in the trauma of the Nazi occupation and his own loveless childhood. One of France's most celebrated writers, the 69-year-old father of two, known for his
Published 10 Oct, 2014 12:00am
Modiano, 'modern-day Proust', wins Nobel Literature Prize

Modiano, 'modern-day Proust', wins Nobel Literature Prize

France's Patrick Modiano won the Nobel Literature Prize on Thursday for his enigmatic novels rooted in the trauma of the Nazi occupation and his own loveless childhood. One of France's most celebrated writers, the 69-year-old father of two, known for his
Published 10 Oct, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 10 Oct, 2014 12:00am
US drone attack kills three

US drone attack kills three

At least three people were killed Thursday morning when suspected US drones targeted rebels in restive north-western tribal region near the Afghan border, officials said. The pilotless aircraft targeted a compound in Datta Khel area of North Waziristan, o
Published 10 Oct, 2014 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Oct, 2014 12:00am
US drone attack kills three

US drone attack kills three

At least three people were killed Thursday morning when suspected US drones targeted rebels in restive north-western tribal region near the Afghan border, officials said. The pilotless aircraft targeted a compound in Datta Khel area of North Waziristan, o
Published 10 Oct, 2014 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 10 Oct, 2014 12:00am
Zarb-e-Azb: Prime Minister all praise for Army

Zarb-e-Azb: Prime Minister all praise for Army

Prime Minister Nawaz Sharif on Thursday paid rich tributes to the Pakistan Army for successfully fighting a difficult war to secure Pakistan's future. He was addressing the officers and jawans after attending a briefing on the progress of the ongoing oper
Published 10 Oct, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Oct, 2014 12:00am
Zarb-e-Azb: Prime Minister all praise for Army

Zarb-e-Azb: Prime Minister all praise for Army

Prime Minister Nawaz Sharif on Thursday paid rich tributes to the Pakistan Army for successfully fighting a difficult war to secure Pakistan's future. He was addressing the officers and jawans after attending a briefing on the progress of the ongoing oper
Published 10 Oct, 2014 12:00am
Nepra under pressure to raise power tariff

Nepra under pressure to raise power tariff

National Electric Power Regulatory Authority (Nepra) is reportedly being pressurised by the government to increase power tariff by 42 paisa per unit, including a 30 paisa per unit raise, from October 1, 2014 to enable the servicing of debt and mark up ava
Published 10 Oct, 2014 12:00am
Nepra under pressure to raise power tariff

Nepra under pressure to raise power tariff

National Electric Power Regulatory Authority (Nepra) is reportedly being pressurised by the government to increase power tariff by 42 paisa per unit, including a 30 paisa per unit raise, from October 1, 2014 to enable the servicing of debt and mark up ava
Published 10 Oct, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
Nepra under pressure to raise power tariff

Nepra under pressure to raise power tariff

National Electric Power Regulatory Authority (Nepra) is reportedly being pressurised by the government to increase power tariff by 42 paisa per unit, including a 30 paisa per unit raise, from October 1, 2014 to enable the servicing of debt and mark up ava
Published 10 Oct, 2014 12:00am
Government departments required to withhold ST, file return

Government departments required to withhold ST, file return

The Federal Board of Revenue (FBR) has directed the field formations to ensure that the departments working under the control of federal government, provincial/district governments as well as Military Accountant General are legally required to withhold sa
Published 10 Oct, 2014 12:00am
Government departments required to withhold ST, file return

Government departments required to withhold ST, file return

The Federal Board of Revenue (FBR) has directed the field formations to ensure that the departments working under the control of federal government, provincial/district governments as well as Military Accountant General are legally required to withhold sa
Published 10 Oct, 2014 12:00am
Government departments required to withhold ST, file return

Government departments required to withhold ST, file return

The Federal Board of Revenue (FBR) has directed the field formations to ensure that the departments working under the control of federal government, provincial/district governments as well as Military Accountant General are legally required to withhold sa
Published 10 Oct, 2014 12:00am
Zardari dubs Imran as 'water bubble' in politics

Zardari dubs Imran as 'water bubble' in politics

Pakistan People's Party (PPP) Co-chairman PPP Asif Ali Zardari on Thursday said that PPP would decide whether elections would be held after three years or later. Addressing a party meeting at Bilawal House Lahore, he dubbed Imran Khan a water bubble in Pa
Published 10 Oct, 2014 12:00am
THE RUPEE: all-round falls

THE RUPEE: all-round falls

The rupee drifted lower against the dollar and euro on the money market on Thursday amid post-holiday session, dealers said. The demand was high for dollars as market reopened after observing three-day holidays on account of Eid-ul-Azha, they said.
Published 10 Oct, 2014 12:00am
Zardari dubs Imran as 'water bubble' in politics

Zardari dubs Imran as 'water bubble' in politics

Pakistan People's Party (PPP) Co-chairman PPP Asif Ali Zardari on Thursday said that PPP would decide whether elections would be held after three years or later. Addressing a party meeting at Bilawal House Lahore, he dubbed Imran Khan a water bubble in Pa
Published 10 Oct, 2014 12:00am
THE RUPEE: all-round falls

THE RUPEE: all-round falls

The rupee drifted lower against the dollar and euro on the money market on Thursday amid post-holiday session, dealers said. The demand was high for dollars as market reopened after observing three-day holidays on account of Eid-ul-Azha, they said.
Published 10 Oct, 2014 12:00am
Judge says he's receiving death threats

Judge says he's receiving death threats

Justice Jawwad S. Khwaja of the Supreme Court has been receiving threats to his life for the last 14 months. Justice Khwaja made this disclosure while hearing an appeal of Pervez I. Mir against his conviction on contempt of court charges here on Thursday.
Published 10 Oct, 2014 12:00am
Judge says he's receiving death threats

Judge says he's receiving death threats

Justice Jawwad S. Khwaja of the Supreme Court has been receiving threats to his life for the last 14 months. Justice Khwaja made this disclosure while hearing an appeal of Pervez I. Mir against his conviction on contempt of court charges here on Thursday.
Published 10 Oct, 2014 12:00am
Three dead in rebel attack on Iran security forces

Three dead in rebel attack on Iran security forces

Rebels killed three members of the Iranian security forces in a violence-plagued south-eastern region near the border with Pakistan, state news agency IRNA reported. The attack happened on Wednesday afternoon in the border province of Sistan-Balochistan.
Published 10 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
Three dead in rebel attack on Iran security forces

Three dead in rebel attack on Iran security forces

Rebels killed three members of the Iranian security forces in a violence-plagued south-eastern region near the border with Pakistan, state news agency IRNA reported. The attack happened on Wednesday afternoon in the border province of Sistan-Balochistan.
Published 10 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
Federal agencies: Prime Minister orders CFMP's implementation

Federal agencies: Prime Minister orders CFMP's implementation

Prime Minister Nawaz Sharif on Thursday directed all the federal agencies to implement Citizen Feedback Monitoring Program (CFMP) to improve service delivery, fight petty corruption, enhance citizen trust and communicate state responsiveness.
Published 10 Oct, 2014 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
Federal agencies: Prime Minister orders CFMP's implementation

Federal agencies: Prime Minister orders CFMP's implementation

Prime Minister Nawaz Sharif on Thursday directed all the federal agencies to implement Citizen Feedback Monitoring Program (CFMP) to improve service delivery, fight petty corruption, enhance citizen trust and communicate state responsiveness.
Published 10 Oct, 2014 12:00am
Federal agencies: Prime Minister orders CFMP''s implementation

Federal agencies: Prime Minister orders CFMP''s implementation

Prime Minister Nawaz Sharif on Thursday directed all the federal agencies to implement Citizen Feedback Monitoring Program (CFMP) to improve service delivery, fight petty corruption, enhance citizen trust and communicate state responsiveness.
Published 10 Oct, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Thursday (October 09, 2014)

Published 10 Oct, 2014 12:00am
Suicide blast kills dozens in Yemen capital

Suicide blast kills dozens in Yemen capital

At least 47 people were killed when a powerful suicide bombing ripped through the Yemeni capital on Thursday, plunging the violence-plagued state into further turmoil after weeks of political deadlock. Dozens more were wounded in the attack in Sanaa's Al-
Published 10 Oct, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (October 09, 2014) and for Friday (October 10, 2014).
Published 10 Oct, 2014 12:00am
Suicide blast kills dozens in Yemen capital

Suicide blast kills dozens in Yemen capital

At least 47 people were killed when a powerful suicide bombing ripped through the Yemeni capital on Thursday, plunging the violence-plagued state into further turmoil after weeks of political deadlock. Dozens more were wounded in the attack in Sanaa's Al-
Published 10 Oct, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 09, 2014).

Published 10 Oct, 2014 12:00am
US-led air war a boon for defense contractors

US-led air war a boon for defense contractors

The US-led air campaign in Iraq and Syria is proving a boon to weapons makers, sending their share prices soaring and bolstering political support for higher defense spending. The open-ended air war against the Islamic State group will mean billions in sa
Published 10 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 10 Oct, 2014 12:00am
US-led air war a boon for defense contractors

US-led air war a boon for defense contractors

The US-led air campaign in Iraq and Syria is proving a boon to weapons makers, sending their share prices soaring and bolstering political support for higher defense spending. The open-ended air war against the Islamic State group will mean billions in sa
Published 10 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 10 Oct, 2014 12:00am
Barclays in $20 million class-action Libor settlement
Libor

Barclays in $20 million class-action Libor settlement

British bank Barclays agreed to pay $20 million to settle a class-action suit from investors who lost money in the Libor interest rate-rigging conspiracy, according to a US court filing. The banking giant also agreed to cooperate with plaintiffs as they s
Published 10 Oct, 2014 12:00am
Agha's petition: hearing adjourned

Agha's petition: hearing adjourned

The Supreme Court on Thursday adjourned the proceedings of a petition filed by MNA Maulvi Agha Muhammad, who was disqualified by Election Tribunal Balochistan on the basis of a fake degree. A two-member bench headed by Chief Justice Nasir-ul-Mulk resumed
Published 10 Oct, 2014 12:00am
CM Punjab for effective implementation of anti-dengue plan

CM Punjab for effective implementation of anti-dengue plan

Punjab Chief Minister Shahbaz Sharif has issued instructions for effective implementation of anti-dengue plan throughout the province including Lahore. He said that nothing could be more precious than human lives and all out resources should be utilised f
Published 10 Oct, 2014 12:00am
Pakistan underscores need to tackle external debt issue

Pakistan underscores need to tackle external debt issue

Pakistan has called for the establishment of a multilateral legal framework for sovereign debt restructuring aimed at tackling the debt issue and gearing the financial system and its institutions towards helping countries emerge from crises.
Published 10 Oct, 2014 12:00am
CCP dismisses complaint against PTCL

CCP dismisses complaint against PTCL

The Competition Commission of Pakistan (CCP) has issued an order in the matter of complaint filed by M/s Wise Communication Systems (Pvt) Limited (WiseCom) Vs Pakistan Telecommunication Company Limited (PTCL) for alleged abuse of dominance by dismissing t
Published 10 Oct, 2014 12:00am
Nation united for security, sovereignty of country: Qadri

Nation united for security, sovereignty of country: Qadri

Pakistan Awami Tahreek (PAT) Chief Dr Tahirul Qadri said that the entire nation is united for the security and sovereignty of the motherland. Dr Qadri was addressing the participants at D-Chowk sit-in here on Thursday, said that his party had laid the fou
Published 10 Oct, 2014 12:00am
PMDC de-notifies seven universities

PMDC de-notifies seven universities

Pakistan Medical and Dental Council (PMDC) has written a letter to the Ministry of National Health Services, Regulation and co-ordination to de-notify seven universities for not having their constituent medical or dental college. According to PMDC, these
Published 10 Oct, 2014 12:00am
Government, army to jointly reconstruct NW: Prime Minister

Government, army to jointly reconstruct NW: Prime Minister

Prime Minister Nawaz Sharif on Thursday said the government in collaboration with army would soon launch a phase of reconstruction in North Waziristan. Addressing the Internally Displaced Persons (IDPs) residing in these camps here, the Prime Minister sai
Published 10 Oct, 2014 12:00am
People advised not to travel by unregistered vehicles

People advised not to travel by unregistered vehicles

Commissioner Karachi Shoaib Ahmed Siddiqi advised the people to avoid travelling in unregistered vehicles plying on roads without road permits because such vehicles are risk to their life and property. He said this while chairing a meeting about Karachi C
Published 10 Oct, 2014 12:00am
IESCO issues power shutdown notice

IESCO issues power shutdown notice

According to IESCO spokesman, due to electricity maintenance/development work, power supply of the following feeders would remain suspended as under: On October from 13 08:00am to 12:00noon, Line Park, Dhoda, Bhall, Bhangali, Main Bazar, Bilalabad, D.S.Bi
Published 10 Oct, 2014 12:00am
Police team escapes blast on Mastung Road

Police team escapes blast on Mastung Road

Police patrolling team on Thursday narrowly escaped as remote control device went off on Mastung Road. "Unidentified men had placed explosives which they exploded with remote control shortly after the police van passed by the area in the suburbs of provin
Published 10 Oct, 2014 12:00am
Right to Public Service Act becomes operational in KP

Right to Public Service Act becomes operational in KP

The Right to Public Services Act 2014 has practically become operational in Khyber Pakhtunkhwa as complaints of citizens have started pursuing in and being initiated for providing them services under the Act. Recently, Faisal Ghani, a resident of Takhtbai
Published 10 Oct, 2014 12:00am
Night operations suspended at Peshawar Airport

Night operations suspended at Peshawar Airport

Due to growing security concerns, the Civilian Aviation Authority (CAA) has temporarily suspended night-time operations for international and local flights at Peshawar's Bacha Khan International Airport. Both national and international flights will not op
Published 10 Oct, 2014 12:00am