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Dec 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-10-31
Mozambique elects Nyusi as new president

Mozambique elects Nyusi as new president

Mozambique has elected Filipe Nyusi of the governing Frelimo party as the next president, the National Electoral Commission said Thursday in announcing final results of polls two weeks ago. The former defence minister won 57 percent of the vote in the sou
Published 31 Oct, 2014 12:00am
Turkish foreign ministry, Norway embassy targeted by 'suspect packages'

Turkish foreign ministry, Norway embassy targeted by 'suspect packages'

The Turkish foreign ministry and Norwegian embassy in Ankara on Thursday received suspicious packages, officials said, the latest in a string of such incidents in the country. Turkey's emergencies management agency AFAD said in a statement that both repor
Published 31 Oct, 2014 12:00am
Seven Indian sailors released by Somali pirates

Seven Indian sailors released by Somali pirates

Seven Indian sailors kidnapped by Somali pirates more than four years were freed on Thursday, officials said. The sailors were released in Harardhere, a coastal town north of Mogadishu, and were flown to the capital.
Published 31 Oct, 2014 12:00am
Four killed in small plane crash at Kansas airport

Four killed in small plane crash at Kansas airport

At least four people were killed and five seriously injured Thursday when a small plane crashed into a building at an airport in the US state of Kansas, officials said.
Published 31 Oct, 2014 12:00am
North Korea threatens to halt co-operation on human rights

North Korea threatens to halt co-operation on human rights

North Korea warned Thursday it would stop engaging with the international community on human rights issues if a resolution is presented to the United Nations requesting Pyongyang be referred to the International Criminal Court for possible prosecution. A
Published 31 Oct, 2014 12:00am
Peshmerga at Turkish border to reinforce besieged Kobane

Peshmerga at Turkish border to reinforce besieged Kobane

Heavily armed Iraqi peshmerga forces reached the Turkish border Thursday and a first group entered the town of Kobane as they prepared to join fellow Kurds battling the Islamic State group. The group of 10 fighters briefly entered Kobane to co-ordinate wi
Published 31 Oct, 2014 12:00am
Tunisia secularists win landmark vote

Tunisia secularists win landmark vote

Tunisia's secular Nidaa Tounes won landmark parliamentary elections, results showed Thursday, beating Islamists in a vote that raised hopes of a peaceful transition in the birthplace of the Arab Spring. Sunday's election has been hailed as a victory for d
Published 31 Oct, 2014 12:00am
Burkina president declares state of emergency after uprising

Burkina president declares state of emergency after uprising

President Blaise Compaore declared a state of emergency in Burkina Faso Thursday after angry demonstrators set parliament ablaze in an uprising against his long-standing regime. Protesters earlier forced the government to scrap a vote on controversial pla
Published 31 Oct, 2014 12:00am
Ghani drops Pashtun name from official documents

Ghani drops Pashtun name from official documents

Afghan President Ashraf Ghani has removed his tribal Pashtun surname "Ahmadzai" from all official documents, a spokesman told AFP on Thursday. "The chairman of the Office of Administrative Affairs Abdul Salam Rahimi has sent a formal letter to all the min
Published 31 Oct, 2014 12:00am
Kidnapped German national freed in Nigeria

Kidnapped German national freed in Nigeria

A German national who was kidnapped by gunmen last week in south-west Nigeria has been released, his employer, the construction firm Julius Berger, said on Thursday. "Julius Berger Nigeria Plc is pleased to officially announce the release of the company's
Published 31 Oct, 2014 12:00am
Nigeria president begins re-election bid

Nigeria president begins re-election bid

Nigeria's President Goodluck Jonathan formally began his re-election bid on Thursday, thanking God, his supporters and the state governors who helped raise the $130,000 nomination fee. Jonathan appeared at a brief ceremony at the headquarters of his Peopl
Published 31 Oct, 2014 12:00am
Next weeks will tell if Iran can make nuclear deal: US

Next weeks will tell if Iran can make nuclear deal: US

The world will know in the coming weeks if Iran can make the "tough decisions" needed for a nuclear deal, US Secretary of State John Kerry said Thursday. As the clock ticks down to a November 24 deadline for an agreement on reining in Iran's nuclear progr
Published 31 Oct, 2014 12:00am
EU resumes financial aid to Zimbabwe

EU resumes financial aid to Zimbabwe

The European Union will resume development and finance co-operation with Zimbabwe this weekend when part of the sanctions imposed on President Robert Mugabe's government over rights abuses expire, its envoy to Harare announced Thursday. "The EU Council co
Published 31 Oct, 2014 12:00am
US praises China's growing role in Afghanistan

US praises China's growing role in Afghanistan

The United States welcomed China's growing role in trying to ensure Afghanistan's stability on Thursday, saying a Beijing conference of foreign ministers on Afghan reconstruction this week shows its commitment to the region as Western troops pull out. The
Published 31 Oct, 2014 12:00am
Shahbaz greets Ayyan

Shahbaz greets Ayyan

Punjab CM Shahbaz Sharif has congratulated a five years old Pakistani student Ayyan Qureshi on winning the title of youngest Microsoft Certified Professional.
Published 31 Oct, 2014 12:00am
LDA auctions 4 commercial plots

LDA auctions 4 commercial plots

A total of four commercial plots were auctioned by the Lahore Development Authority (LDA) against a sum of Rs 10.25 million on Monday. According to a LDA's spokesperson here on Thursday, the open auction of the commercial plots, located in Johar Town and
Published 31 Oct, 2014 12:00am
Sikh Yatrees due on November 4

Sikh Yatrees due on November 4

About 3,000 Sikh Yatrees are due on November 4 at Wagha Border for which the Evacuee Trust Property Board (ETPB) has made elaborate arrangements. The Sikh Yatrees will visit Nankana Sahib on November 6 to participate in 546th birth day of Guru Nanak Dev J
Published 31 Oct, 2014 12:00am
PHMA seeks maximum support to reap GSP plus benefits

PHMA seeks maximum support to reap GSP plus benefits

Central Chairman of Pakistan Hosiery Manufacturers and Exporters Association (PHMA) Shahzad Azam Khan has said the benefits of GSP Plus can only be harvested by maximum value-addition in finished products rather than exporting only raw materials, therefor
Published 31 Oct, 2014 12:00am
NH&MP set up 45 'wake-up points'

NH&MP set up 45 'wake-up points'

Inspector General, National Highways & Motorway Police, Zulfiqar Ahmad Cheema directed all Zonal Commanders (Deputy Inspectors General) to establish 'wake-up points' at different locations in their jurisdiction. Following the directives, as many as 45 'wa
Published 31 Oct, 2014 12:00am
Imposition of emergency: It was Musharraf's sole motivation: prosecution

Imposition of emergency: It was Musharraf's sole motivation: prosecution

Prosecutor Akram Sheikh pleaded on Thursday that the then army chief Pervez Musharraf's self-motivation was behind the November 3 emergency. Concluding his arguments in his rebuttal to defence's plea in the ongoing treason trial case, Akram Sheikh contend
Published 31 Oct, 2014 12:00am
Schools, colleges to remain closed today

Schools, colleges to remain closed today

All government schools and colleges will remain closed on Friday in Karachi and other coastal areas of Sindh in view of expected heavy rain, thunderstorm and cyclone. A spokesman of Education Department, Sindh here Thursday said.
Published 31 Oct, 2014 12:00am
The Weather

The Weather

The weather report on Thursday (October 30, 2014) and the forecast for Friday (October 31, 2014).

Published 31 Oct, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
Imran asks JI chief not to play on both sides of wicket

Imran asks JI chief not to play on both sides of wicket

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has asked Jamaat-i-Islami (JI) chief Siraj-ul-Haq to clarify his position whether his party stands by Nawaz Shairf or PTI. Addressing his party workers at D-Chowk sit-in here on Thursday, he urged the JI
Published 31 Oct, 2014 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
Tax structure needs to be overhauled: Kaiser Bengali

Tax structure needs to be overhauled: Kaiser Bengali

Dr Kaiser Bengali, consultant to Chief Minister Balochistan said on Thursday that Pakistan's tax structure needs to be overhauled and government should immediately undertake land reforms but moved ahead according to land structure in all four provinces of
Published 31 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 31 Oct, 2014 12:00am
LME official prices

LME official prices

The following were Wednesday official prices.

Published 31 Oct, 2014 12:00am
Filing of IT returns: FBR likely to grant 15-day extension

Filing of IT returns: FBR likely to grant 15-day extension

The Federal Board of Revenue (FBR) is likely to grant 15 days extension in filing of income tax returns for Tax Year 2014. It is learnt on Wednesday that FBR is considering the proposal to extend date for filing of return in view of problems in E-FBR Port
Published 31 Oct, 2014 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
Filing of IT returns: FBR likely to grant 15-day extension

Filing of IT returns: FBR likely to grant 15-day extension

The Federal Board of Revenue (FBR) is likely to grant 15 days extension in filing of income tax returns for Tax Year 2014. It is learnt on Wednesday that FBR is considering the proposal to extend date for filing of return in view of problems in E-FBR Port
Published 31 Oct, 2014 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Thursday (October 30, 2014) and for Friday (October 31, 2014).
Published 31 Oct, 2014 12:00am
Filing of IT returns: FBR likely to grant 15-day extension

Filing of IT returns: FBR likely to grant 15-day extension

The Federal Board of Revenue (FBR) is likely to grant 15 days extension in filing of income tax returns for Tax Year 2014. It is learnt on Wednesday that FBR is considering the proposal to extend date for filing of return in view of problems in E-FBR Port
Published 31 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 30, 2014)

Published 31 Oct, 2014 12:00am
Gullu Butt awarded 11-year imprisonment

Gullu Butt awarded 11-year imprisonment

An anti-terrorism court here on Thursday awarded Shahid Aziz alias Gullu Butt rigorous imprisonment of eleven years and three months. Butt was accused of smashing private vehicles with a club outside Minhajul Quran Secretariat in Model Town when city poli
Published 31 Oct, 2014 12:00am
Gullu Butt awarded 11-year imprisonment

Gullu Butt awarded 11-year imprisonment

An anti-terrorism court here on Thursday awarded Shahid Aziz alias Gullu Butt rigorous imprisonment of eleven years and three months. Butt was accused of smashing private vehicles with a club outside Minhajul Quran Secretariat in Model Town when city poli
Published 31 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 30, 2014).

Published 31 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
Power tariff: audit firms confirm over-billing

Power tariff: audit firms confirm over-billing

The country''s two renowned audit firms have reportedly confirmed the charge levelled by electricity consumers that power Distribution Companies (Discos) overbilled consumers to the tune of billions of rupees in July 2014 by reducing tariff slabs and debt
Published 31 Oct, 2014 12:00am
Power tariff: audit firms confirm over-billing

Power tariff: audit firms confirm over-billing

The country's two renowned audit firms have reportedly confirmed the charge levelled by electricity consumers that power Distribution Companies (Discos) overbilled consumers to the tune of billions of rupees in July 2014 by reducing tariff slabs and debt
Published 31 Oct, 2014 12:00am
Power tariff: audit firms confirm over-billing

Power tariff: audit firms confirm over-billing

The country's two renowned audit firms have reportedly confirmed the charge levelled by electricity consumers that power Distribution Companies (Discos) overbilled consumers to the tune of billions of rupees in July 2014 by reducing tariff slabs and debt
Published 31 Oct, 2014 12:00am
THE RUPEE: upward trend persists

THE RUPEE: upward trend persists

The rupee showed further improvement against the dollar on the currency market on Thursday in the process of trading, dealers said.
Published 31 Oct, 2014 12:00am
Prime Minister endorses Sethi as nominee for ICC Presidentship

Prime Minister endorses Sethi as nominee for ICC Presidentship

Prime Minister Nawaz Sharif on Tuesday endorsed the PCB's nomination of Najam Sethi for the ICC President's position. Pakistan Cricket Board (PCB) Chairman, Shaharyar M. Khan, and Board of Governors (BoG), have unanimously recommended Najam Sethi as Pakis
Published 31 Oct, 2014 12:00am
THE RUPEE: upward trend persists

THE RUPEE: upward trend persists

The rupee showed further improvement against the dollar on the currency market on Thursday in the process of trading, dealers said.
Published 31 Oct, 2014 12:00am
Prime Minister endorses Sethi as nominee for ICC Presidentship

Prime Minister endorses Sethi as nominee for ICC Presidentship

Prime Minister Nawaz Sharif on Tuesday endorsed the PCB's nomination of Najam Sethi for the ICC President's position. Pakistan Cricket Board (PCB) Chairman, Shaharyar M. Khan, and Board of Governors (BoG), have unanimously recommended Najam Sethi as Pakis
Published 31 Oct, 2014 12:00am
Canada arrests Pakistani gun owner

Canada arrests Pakistani gun owner

Police arrested and charged a Pakistani gun collector living in Ontario this week, alleging he is a terrorist threat to Canada, the Globe and Mail newspaper reported on Thursday, quoting his attorney. Muhammad Aqeeq Ansari, a 30-year-old software designer
Published 31 Oct, 2014 12:00am
Canada arrests Pakistani gun owner

Canada arrests Pakistani gun owner

Police arrested and charged a Pakistani gun collector living in Ontario this week, alleging he is a terrorist threat to Canada, the Globe and Mail newspaper reported on Thursday, quoting his attorney. Muhammad Aqeeq Ansari, a 30-year-old software designer
Published 31 Oct, 2014 12:00am
Commotion in KP Assembly over remarks against Imran

Commotion in KP Assembly over remarks against Imran

Khyber Pakhtunkhwa Assembly on Thursday witnessed worst commotion when the legislators from both treasury and opposition benches not only exchanged harsh words but also abused each other. The proceedings of the early sessions of the day, including questio
Published 31 Oct, 2014 12:00am
Commotion in KP Assembly over remarks against Imran

Commotion in KP Assembly over remarks against Imran

Khyber Pakhtunkhwa Assembly on Thursday witnessed worst commotion when the legislators from both treasury and opposition benches not only exchanged harsh words but also abused each other. The proceedings of the early sessions of the day, including questio
Published 31 Oct, 2014 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Thursday (October 30, 2014).

Published 31 Oct, 2014 12:00am
US economy grew 3.5 percent in third quarter

US economy grew 3.5 percent in third quarter

US economic growth was robust in the third quarter, according to the first government estimate Thursday, appearing to underscore the Federal Reserve''s decision to end its asset-buying stimulus program. The world''s largest economy expanded at an annual r
Published 31 Oct, 2014 12:00am
US economy grew 3.5 percent in third quarter

US economy grew 3.5 percent in third quarter

US economic growth was robust in the third quarter, according to the first government estimate Thursday, appearing to underscore the Federal Reserve's decision to end its asset-buying stimulus program. The world's largest economy expanded at an annual rat
Published 31 Oct, 2014 12:00am
US economy grew 3.5 percent in third quarter

US economy grew 3.5 percent in third quarter

US economic growth was robust in the third quarter, according to the first government estimate Thursday, appearing to underscore the Federal Reserve's decision to end its asset-buying stimulus program. The world's largest economy expanded at an annual rat
Published 31 Oct, 2014 12:00am
Clashes in Bangladesh as JI activists protest leader's death order

Clashes in Bangladesh as JI activists protest leader's death order

Islamists clashed with police in several Bangladesh cities on Thursday as part of a nation-wide strike to protest against their leader being sentenced to death for war crimes, police said. Officers fired rubber bullets and tear gas at rock-throwing protes
Published 31 Oct, 2014 12:00am
Clashes in Bangladesh as JI activists protest leader's death order

Clashes in Bangladesh as JI activists protest leader's death order

Islamists clashed with police in several Bangladesh cities on Thursday as part of a nation-wide strike to protest against their leader being sentenced to death for war crimes, police said. Officers fired rubber bullets and tear gas at rock-throwing protes
Published 31 Oct, 2014 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 31 Oct, 2014 12:00am
Appoint CEC by November 13, Supreme Court tells government again

Appoint CEC by November 13, Supreme Court tells government again

Rejecting on Thursday the application filed by Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah, through which he sought three months extension in the appointment of a permanent chief election commissioner (CEC), the Supreme Cou
Published 31 Oct, 2014 12:00am
Appoint CEC by November 13, Supreme Court tells government again

Appoint CEC by November 13, Supreme Court tells government again

Rejecting on Thursday the application filed by Leader of the Opposition in the National Assembly Syed Khursheed Ahmed Shah, through which he sought three months extension in the appointment of a permanent chief election commissioner (CEC), the Supreme Cou
Published 31 Oct, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 31 Oct, 2014 12:00am
Israel recalls envoy after Sweden recognises Palestine

Israel recalls envoy after Sweden recognises Palestine

Israel recalled its ambassador to Sweden for "consultations" Thursday, hours after Stockholm officially recognised the state of Palestine, the foreign ministry spokesman said. "This indeed reflects our irritation and annoyance at this unhelpful decision,
Published 31 Oct, 2014 12:00am
Israel recalls envoy after Sweden recognises Palestine

Israel recalls envoy after Sweden recognises Palestine

Israel recalled its ambassador to Sweden for "consultations" Thursday, hours after Stockholm officially recognised the state of Palestine, the foreign ministry spokesman said. "This indeed reflects our irritation and annoyance at this unhelpful decision,
Published 31 Oct, 2014 12:00am
Israel to reopen Al-Aqsa mosque compound

Israel to reopen Al-Aqsa mosque compound

Israel decided late Thursday to reopen Al-Aqsa mosque compound to Muslims from Friday, hours after ordering its closure and following Arab and US calls. "It was decided to restore (the compound) to normal," police spokeswoman Luba Samri told AFP, adding t
Published 31 Oct, 2014 12:00am
Israel to reopen Al-Aqsa mosque compound

Israel to reopen Al-Aqsa mosque compound

Israel decided late Thursday to reopen Al-Aqsa mosque compound to Muslims from Friday, hours after ordering its closure and following Arab and US calls. "It was decided to restore (the compound) to normal," police spokeswoman Luba Samri told AFP, adding t
Published 31 Oct, 2014 12:00am
US attacks on IS group may help Assad: Pentagon

US attacks on IS group may help Assad: Pentagon

Pentagon chief Chuck Hagel acknowledged Thursday that US-led air strikes against the Islamic State group, one of the Syrian regime's main adversaries, could help President Bashar al-Assad. "As we and the coalition go after ISIL (IS) to help the Iraqis sec
Published 31 Oct, 2014 12:00am
ISE index decreases by 23.16 points

ISE index decreases by 23.16 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Thursday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 23.16 points as the ISE Ten Index moved from 4,113.79 to 4,090.63 points.
Published 31 Oct, 2014 12:00am
ISE index decreases by 23.16 points

ISE index decreases by 23.16 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Thursday, where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 23.16 points as the ISE Ten Index moved from 4,113.79 to 4,090.63 points.
Published 31 Oct, 2014 12:00am
LSE index marginally declines by 5.19 points

LSE index marginally declines by 5.19 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Thursday where equities moved both ways and finally settled in positive zone amid improved trading turnover. The LSE-25 index was marginally declined by 5.19 points to close at 5229.18 against 523
Published 31 Oct, 2014 12:00am
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