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Dec 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-10-14
PPCBL allocates Rs 2.5 billion for agriculture loans

PPCBL allocates Rs 2.5 billion for agriculture loans

The Punjab Provincial Co-operative Bank Ltd (PPCBL) has allocated Rs 2.5 billion for advancing agriculture loans for Rabi crops 2014-15, PPCBL spokesman Rana Irshad Ali told Business Recorder here on Monday. He said the bank has started disbursing
Published 14 Oct, 2014 12:00am
School teacher among four kidnapped

School teacher among four kidnapped

At least four persons including a school teacher were kidnapped by unknown armed men in district Hangu on Monday, later three of them were freed, however, the school teacher was still in the captivity of kidnappers in Hangu district, police said. Clad in
Published 14 Oct, 2014 12:00am
Qadri pledges to continue his anti-government campaign

Qadri pledges to continue his anti-government campaign

Pakistan Awami Tehreek (PAT) Chief Dr Tahir ul Qadri on Monday said the revolution march achieved more than his expectations, vowing he will continue his campaign till the message of 'revolution' reach every nook and corner of the country. Addressing his
Published 14 Oct, 2014 12:00am
Karachi tunnel jailbreak bid foiled

Karachi tunnel jailbreak bid foiled

Sindh Rangers on Monday foiled suspected militants' plot to help escape terrorists from Karachi Central Jail. Rangers unearthed a 45-metre-long tunnel which was being dug up from beneath a water tank of a house in Ghausia Colony, located adjacent to the j
Published 14 Oct, 2014 12:00am
Farming, fishing sectors: speakers call to stop commercialisation

Farming, fishing sectors: speakers call to stop commercialisation

Speakers advocating the right to food called to formulate policy mechanism to stop commercialisation in farming and fishing sectors to avoid the food insecurity in the country. They were discussing at a launch of 'The Watch -2014', a journal brought out b
Published 14 Oct, 2014 12:00am
Weather becomes cool in up-country after rain

Weather becomes cool in up-country after rain

Weather became cool in up-country on Monday afternoon as rain-thunderstorm and gusty winds occurred at scattered places in Khyber Pakhtunkhwa and Sargodha division, while at isolated places in Rawalpindi, Zhob divisions and Gilgit-Baltistan. Meteorologica
Published 14 Oct, 2014 12:00am
Illegal assets case: bail to former MNA denied

Illegal assets case: bail to former MNA denied

The Lahore High Court here on Monday denied protective bail to a former MNA Naseem-ur-Rehman in a reference of illegal assets worth Rs 8.2 million. The petitioner's counsel argued that his client was MNA of Awami National Party (ANP) and hence National Ac
Published 14 Oct, 2014 12:00am
PTI decides to continue with sit-in

PTI decides to continue with sit-in

Pakistan Tehreek-e-Insaf (PTI) core committee on Monday decided to continue the ongoing protest sit-in against the government. The committee, which met here at the Bani Gala residence of party Chief Imran Khan, condemned the disconnection of power supply
Published 14 Oct, 2014 12:00am
BA, BSc: PU supplementary exams from October 16

BA, BSc: PU supplementary exams from October 16

Punjab University BA and BSc supplementary examination 2014 will commence from October 16, for which roll number slips have been dispatched to all candidates on their addresses. If any candidate has not received slip, he or she can receive the duplicate s
Published 14 Oct, 2014 12:00am
Lectures on three regional powers at PU

Lectures on three regional powers at PU

Punjab University Pakistan Study Centre will organise two lectures on 'EU, India and China - Three Regional Powers in International Relations' and 'Afghanistan: Present Challenge and Future Prospects' on Tuesday at 10am in the committee room of the centre
Published 14 Oct, 2014 12:00am
PTI workers protest at Nawaz's London residence

PTI workers protest at Nawaz's London residence

A group around two dozen people staged a protest in London outside Nawaz Sharif's London residence on Sunday. It was led by Jahangir, son of Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan's very close friend and advisor. The speakers vowed to continue
Published 14 Oct, 2014 12:00am
Zardari's game plan?

Zardari's game plan?

A lot is being written and discussed in the media about Asif Zardari's current visit to Lahore. People want to know what is he up to and what is his political game plan. As rightly alluded to by various analysts, Asif Zardari has taken up his Lahore 'yaat
Published 14 Oct, 2014 12:00am
Uber-heated battle as mobile apps rattle Asia's taxis

Uber-heated battle as mobile apps rattle Asia's taxis

Southeast Asia's notorious taxi market is undergoing a shakeout as Uber and homegrown mobile booking applications gain popularity in a region that has long endured inefficient cartels and price-gouging drivers. San Francisco-based Uber, which allows custo
Published 14 Oct, 2014 12:00am
US ETFs to take aim at China's onshore bond market

US ETFs to take aim at China's onshore bond market

US investment firms are readying the first line of exchange-traded funds designed to give American investors access to China's swelling onshore bond market, which has been largely closed off to foreigners. At least four fund managers - Deutsche Bank AG, G
Published 14 Oct, 2014 12:00am
Harsh, though denied realities

Harsh, though denied realities

Last week, a report released by the Organisation for Economic Co-operation & Development (OECD) disclosed that, globally, the rich-poor gap is now as wide as it was in the 1820s. The report is based on study of income trends in 25 countries over the past
Published 14 Oct, 2014 12:00am
Qadri's pragmatism

Qadri's pragmatism

Time has proved that Dr Tahirul Qadri is a man of many parts; he is an orator par excellence, a persuasive cleric and a shrewd politician. For 60 days, he kept himself confined to a tightly-packed shipping container, as thousands of his committed follower
Published 14 Oct, 2014 12:00am
Claims and counterclaims

Claims and counterclaims

The Federal Minister for Finance, Ishaq Dar, while in the United States to attend the World Bank/International Monetary Fund (IMF) annual meeting, met with the Chinese Vice-Minister for Finance Yaobin Shi and President of International Fund for Agricultur
Published 14 Oct, 2014 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most-traded December copper contract on the Shanghai Futures Exchange rose 0.4 percent to 47,790 yuan($7,802) a tonne in overnight trade on Monday after Chinese data painted a slightly brighter picture of the world's second largest economy, adding to
Published 14 Oct, 2014 12:00am
Copper climbs on strong China trade data

Copper climbs on strong China trade data

Copper and other base metals prices rose on Monday after the dollar fell and better-than-expected Chinese trade data eased fears of a slowdown in demand in the top commodities consumer. A surge in China's exports in September was an upbeat signal for the
Published 14 Oct, 2014 12:00am
India's cotton output seen at record high

India's cotton output seen at record high

India, the world's second-biggest cotton producer and exporter, said it expected a record harvest of 40 million bales in this crop year that started on October 1, a government statement said on Monday. But despite this season's higher output, exports in t
Published 14 Oct, 2014 12:00am
Malaysian palm oil down for third day

Malaysian palm oil down for third day

Malaysian palm oil was down for a third day on Monday as crude oil slipped to a four-year low, reducing prospects of demand for biodiesel in addition to large harvests for palm and soy and slack demand for edible oils. "The ray of hope that the additional
Published 14 Oct, 2014 12:00am
Cocoa drops on profit-taking after rally on Ebola concerns

Cocoa drops on profit-taking after rally on Ebola concerns

ICE cocoa futures fell more than 3 percent amid profit-taking on Monday, changing direction after initially extending the prior session's rally on fears the spread of the Ebola virus could limit cocoa supplies. Arabica coffee on ICE Futures US turned lowe
Published 14 Oct, 2014 12:00am
Gold climbs in Asia

Gold climbs in Asia

Gold prices jumped sharply in Asia on Monday as worries over the global economic outlook sent investors scuttling towards safe-haven bullion amid a selloff in equities and the dollar. Spot gold rose to a near-four-week high of $1,237.30 an ounce before pa
Published 14 Oct, 2014 12:00am
Gold rises in Europe

Gold rises in Europe

Gold rose on Monday as the dollar fell on uncertainty about how soon the Federal Reserve will raise interest rates and worries about the global economy reduced investor appetite for risk. Spot gold rose to a near four-week high of $1,237.30 an ounce and w
Published 14 Oct, 2014 12:00am
US MIDDAY: corn and soyabeans climb

US MIDDAY: corn and soyabeans climb

US corn futures rose 2.5 percent on Monday in thin US Columbus Day holiday trade as rains in the Midwest crop belt stalled the harvest of a record-large crop, slowing the movement of grain into marketing channels, traders said. Soyabeans and wheat followe
Published 14 Oct, 2014 12:00am
US MIDDAY: gold soars

US MIDDAY: gold soars

Gold rose early on Monday as the dollar fell on uncertainty about global economic growth, while the prospect of more economic stimulus from China also increased bullion's investment appeal. Gold was on track for its fifth rise in the past six sessions aft
Published 14 Oct, 2014 12:00am
Government seeks help of P-5

Government seeks help of P-5

Pakistan on Monday sought help of the five permanent member countries of the United Nations Security Council to urge India to respect the ceasefire agreement and engage in a meaningful and serious dialogue. According to a statement issued here by Foreign
Published 14 Oct, 2014 12:00am
The Weather

The Weather

The weather report on Monday (October 13, 2014) and the forecast for Tuesday (October 14, 2014).

Published 14 Oct, 2014 12:00am
Government seeks help of P-5

Government seeks help of P-5

Pakistan on Monday sought help of the five permanent member countries of the United Nations Security Council to urge India to respect the ceasefire agreement and engage in a meaningful and serious dialogue. According to a statement issued here by Foreign
Published 14 Oct, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 14 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 14 Oct, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
Wattoo-Sohna supporters raise a ruckus

Wattoo-Sohna supporters raise a ruckus

A meeting of Pakistan People's Party (PPP) witnessed a ruckus when supporters of provincial party president Manzoor Wattoo and another party leader Ashraf Sohna chanted slogans against each other. According to a private TV report, "Go Wattoo Go" slogan wa
Published 14 Oct, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (October 13, 2014) and for Tuesday (October 14, 2014).
Published 14 Oct, 2014 12:00am
Wattoo-Sohna supporters raise a ruckus

Wattoo-Sohna supporters raise a ruckus

A meeting of Pakistan People's Party (PPP) witnessed a ruckus when supporters of provincial party president Manzoor Wattoo and another party leader Ashraf Sohna chanted slogans against each other. According to a private TV report, "Go Wattoo Go" slogan wa
Published 14 Oct, 2014 12:00am
Iran must withdraw 'occupying' forces from Syria: Saudi Arabia

Iran must withdraw 'occupying' forces from Syria: Saudi Arabia

Iran must withdraw its "occupying" forces from Syria to help resolve that country's conflict, Saudi Foreign Minister Prince Saud al-Faisal said Monday after talks with his German counterpart. "Our reservations are about Iran's policy in the region, not ab
Published 14 Oct, 2014 12:00am
Iran must withdraw 'occupying' forces from Syria: Saudi Arabia

Iran must withdraw 'occupying' forces from Syria: Saudi Arabia

Iran must withdraw its "occupying" forces from Syria to help resolve that country's conflict, Saudi Foreign Minister Prince Saud al-Faisal said Monday after talks with his German counterpart. "Our reservations are about Iran's policy in the region, not ab
Published 14 Oct, 2014 12:00am
Power supply to Imran''s residence disconnected

Power supply to Imran''s residence disconnected

Islamabad Electric Supply Company (Iesco) on Monday disconnected electricity supply to the residence of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan for not paying bills for August and September. Pakistan Tehreek-e-Insaf sources told this correspond
Published 14 Oct, 2014 12:00am
Power supply to Imran's residence disconnected

Power supply to Imran's residence disconnected

Islamabad Electric Supply Company (Iesco) on Monday disconnected electricity supply to the residence of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan for not paying bills for August and September. Pakistan Tehreek-e-Insaf sources told this correspond
Published 14 Oct, 2014 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 13, 2014)

Published 14 Oct, 2014 12:00am
Power supply to Imran's residence disconnected

Power supply to Imran's residence disconnected

Islamabad Electric Supply Company (Iesco) on Monday disconnected electricity supply to the residence of Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan for not paying bills for August and September. Pakistan Tehreek-e-Insaf sources told this correspond
Published 14 Oct, 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 (October 13, 2014).

Published 14 Oct, 2014 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (October 13, 2014).

Published 14 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 Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
Imran steps up criticism of Zardari

Imran steps up criticism of Zardari

Pakistan Tehreek-e-Insaf Chairman Imran Khan on Monday claimed that he is aware of the amount of money that Asif Ali Zardari is spending on PPP's October 18 public rally in Karachi "People would be brought to the rally like sheep and goats," he said while
Published 14 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 13, 2014).

Published 14 Oct, 2014 12:00am
Imran steps up criticism of Zardari

Imran steps up criticism of Zardari

Pakistan Tehreek-e-Insaf Chairman Imran Khan on Monday claimed that he is aware of the amount of money that Asif Ali Zardari is spending on PPP's October 18 public rally in Karachi "People would be brought to the rally like sheep and goats," he said while
Published 14 Oct, 2014 12:00am
CJP recuses himself from continuing to hear PTI's plea

CJP recuses himself from continuing to hear PTI's plea

Chief Justice Nasirul Mulk Monday recused himself from continuing to hear Pakistan Tehreek-e-Insaf's (PTI) plea regarding thumb impression verification in four constituencies of the country. A three-member bench led by the Chief Justice of Pakistan was he
Published 14 Oct, 2014 12:00am
LSE index gains 19.23 points

LSE index gains 19.23 points

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains amid marginally increased trading turnover. The LSE-25 index gained 19.23 points to close at 5444.82 against 5425.59 of last Friday while trading turnove
Published 14 Oct, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal changes were seen on the money market on Monday in the process of trading, dealers said. The rupee slipped versus the dollar, shedding two-paisa for buying and selling at Rs 102.84 and Rs 102.86 respectively, they said.
Published 14 Oct, 2014 12:00am
LSE index gains 19.23 points

LSE index gains 19.23 points

Bullish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered gains amid marginally increased trading turnover. The LSE-25 index gained 19.23 points to close at 5444.82 against 5425.59 of last Friday while trading turnove
Published 14 Oct, 2014 12:00am
THE RUPEE: minor changes

THE RUPEE: minor changes

Marginal changes were seen on the money market on Monday in the process of trading, dealers said. The rupee slipped versus the dollar, shedding two-paisa for buying and selling at Rs 102.84 and Rs 102.86 respectively, they said.
Published 14 Oct, 2014 12:00am
ISE index down by 2.27 points

ISE index down by 2.27 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 2.27 points as the ISE Ten Index moved from 4,380.65 to 4,378.38 points. The over
Published 14 Oct, 2014 12:00am
ISE index down by 2.27 points

ISE index down by 2.27 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Monday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 2.27 points as the ISE Ten Index moved from 4,380.65 to 4,378.38 points. The over
Published 14 Oct, 2014 12:00am
Kashmir situation: Sartaj's letter delivered to UN chief

Kashmir situation: Sartaj's letter delivered to UN chief

Pakistan's Ambassador to the United Nations, Masood Khan on Saturday delivered National Security Adviser Sartaj Aziz's letter addressed to Secretary-General Ban Ki-moon on the deteriorating security situation along the Line of Control (LoC) in Kashmir at
Published 14 Oct, 2014 12:00am
US Senators, Sartaj discuss efforts to ease Indo-Pak tension

US Senators, Sartaj discuss efforts to ease Indo-Pak tension

US Senators Tim Kaine and Angus King called on Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz here on Monday and discussed ceasefire violations at the Line of Control (LoC) in what appears to be a US diplomatic effort t
Published 14 Oct, 2014 12:00am
US Senators, Sartaj discuss efforts to ease Indo-Pak tension

US Senators, Sartaj discuss efforts to ease Indo-Pak tension

US Senators Tim Kaine and Angus King called on Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz here on Monday and discussed ceasefire violations at the Line of Control (LoC) in what appears to be a US diplomatic effort t
Published 14 Oct, 2014 12:00am
Russia signs deals with China

Russia signs deals with China

Russia and China signed energy, trade and finance agreements on Monday proclaimed by Moscow as proof that a policy turn to Asia is bearing fruit and will help it to weather Western sanctions over the Ukraine crisis. The 38 deals, signed on a visit to Mosc
Published 14 Oct, 2014 12:00am
BRIndex30 up 122.91 points

BRIndex30 up 122.91 points

On Monday, BRIndex30 opened at 16,409.01 points and remained positive throughout the trading session. It touched an intraday high of 16,616.56 points and an intraday low of 16,451.93 points and closed at 16,531.92 which was 122.91 points or 0.75 percent h
Published 14 Oct, 2014 12:00am
BRIndex30 up 122.91 points

BRIndex30 up 122.91 points

On Monday, BRIndex30 opened at 16,409.01 points and remained positive throughout the trading session. It touched an intraday high of 16,616.56 points and an intraday low of 16,451.93 points and closed at 16,531.92 which was 122.91 points or 0.75 percent h
Published 14 Oct, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 14 Oct, 2014 12:00am
Banks lead rally

Banks lead rally

Sentiment at the Karachi share market remained positive on the first trading day of the new week Monday and the benchmark KSE-100 index gained some 236 points under the lead of banking sector. The index settled at 30,394 points compared to 30,159 points F
Published 14 Oct, 2014 12:00am
Banks lead rally

Banks lead rally

Sentiment at the Karachi share market remained positive on the first trading day of the new week Monday and the benchmark KSE-100 index gained some 236 points under the lead of banking sector. The index settled at 30,394 points compared to 30,159 points F
Published 14 Oct, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 14 Oct, 2014 12:00am
Banks lead rally

Banks lead rally

Sentiment at the Karachi share market remained positive on the first trading day of the new week Monday and the benchmark KSE-100 index gained some 236 points under the lead of banking sector. The index settled at 30,394 points compared to 30,159 points F
Published 14 Oct, 2014 12:00am
Economist Tirole wins Nobel

Economist Tirole wins Nobel

Jean Tirole won the Nobel Economics Prize on Monday for research on reining in corporate giants, a second French award this season hailed as a slap in the face for "France bashers". "One of the most influential economists of our time," the jury called Tir
Published 14 Oct, 2014 12:00am
Economist Tirole wins Nobel

Economist Tirole wins Nobel

Jean Tirole won the Nobel Economics Prize on Monday for research on reining in corporate giants, a second French award this season hailed as a slap in the face for "France bashers". "One of the most influential economists of our time," the jury called Tir
Published 14 Oct, 2014 12:00am
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