AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
AIRLINK 159.45 Increased By ▲ 4.49 (2.9%)
BOP 10.06 Increased By ▲ 0.15 (1.51%)
CNERGY 7.85 Increased By ▲ 0.48 (6.51%)
CPHL 83.56 Increased By ▲ 0.65 (0.78%)
FCCL 48.54 Increased By ▲ 0.68 (1.42%)
FFL 15.07 Increased By ▲ 0.39 (2.66%)
FLYNG 49.46 Increased By ▲ 4.50 (10.01%)
HUBC 141.41 Increased By ▲ 3.44 (2.49%)
HUMNL 12.74 Decreased By ▼ -0.13 (-1.01%)
KEL 4.45 Increased By ▲ 0.16 (3.73%)
KOSM 5.34 Increased By ▲ 0.18 (3.49%)
MLCF 76.36 Increased By ▲ 1.05 (1.39%)
OGDC 213.73 Increased By ▲ 1.06 (0.5%)
PACE 5.33 Increased By ▲ 0.18 (3.5%)
PAEL 46.96 Increased By ▲ 0.83 (1.8%)
PIAHCLA 17.24 Increased By ▲ 0.96 (5.9%)
PIBTL 8.85 Increased By ▲ 0.28 (3.27%)
POWER 15.09 Decreased By ▼ -0.09 (-0.59%)
PPL 173.25 Increased By ▲ 3.34 (1.97%)
PRL 33.82 Increased By ▲ 2.68 (8.61%)
PTC 22.06 Increased By ▲ 2.01 (10.02%)
SEARL 84.13 Increased By ▲ 0.36 (0.43%)
SSGC 36.98 Increased By ▲ 0.91 (2.52%)
SYM 15.51 Increased By ▲ 0.61 (4.09%)
TELE 7.56 Increased By ▲ 0.35 (4.85%)
TPLP 8.56 Increased By ▲ 0.14 (1.66%)
TRG 65.19 Decreased By ▼ -1.01 (-1.53%)
WAVESAPP 9.25 Increased By ▲ 0.30 (3.35%)
WTL 1.28 Increased By ▲ 0.03 (2.4%)
YOUW 3.68 Increased By ▲ 0.08 (2.22%)
BR100 12,888 Increased By 217.2 (1.71%)
BR30 38,116 Increased By 748.7 (2%)
KSE100 119,962 Increased By 1425.4 (1.2%)
KSE30 36,773 Increased By 479.3 (1.32%)
May 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-11
Romanian minister quits after foreign voting debacle

Romanian minister quits after foreign voting debacle

Romania's Foreign Minister Titus Corlatean submitted his resignation Monday following fierce criticism over the handling of a presidential vote that saw thousands of Romanians abroad unable to cast a ballot. Corlatean said in a statement he had informed t
Published 11 Nov, 2014 12:00am
Two police personnel gunned down

Two police personnel gunned down

Three unknown armed men on Monday gunned down two police personnel near a police barricade set up to guard a Majlis in Rizvia Hall near Bilal Hospital in Sadiqabad. According to sources, a police party was imparting security duty on a Majlis that being ta
Published 11 Nov, 2014 12:00am
Clash kills two soldiers, four militants in NW

Clash kills two soldiers, four militants in NW

At least two soldiers and four militants were killed in an exchange of fire in troubled tribal belt near the Afghan border, the military said on Monday. The clash took place during a clearance operation late Sunday in North Waziristan tribal district, whe
Published 11 Nov, 2014 12:00am
ECI's Executive Director Jabbari meets Aizaz

ECI's Executive Director Jabbari meets Aizaz

Executive Director of the Economic Co-operation Organisation Cultural Institute (ECI), Ambassador Mohammad Reza Haji Krim Jabbari called on Foreign Secretary Aizaz Ahmad Chaudhry here on Monday. Ambassador Jabbari is visiting Pakistan to attend an event c
Published 11 Nov, 2014 12:00am
ICAP, IoBM sign MoU

ICAP, IoBM sign MoU

The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Business Management (IoBM) recently signed a memorandum of understanding (MoU). The MoU was signed by Yaqoob Suttar, President ICAP and Talib Karim, Rector IoBM at ICAP head office
Published 11 Nov, 2014 12:00am
Economy, not economics, is the problem

Economy, not economics, is the problem

The International Monetary Fund's review mission believes that the Pakistan's economic reforms are 'broadly on track'. They are, therefore, quite satisfied with the progress made thus far. And, the review mission is expected to recommend to the Executive
Published 11 Nov, 2014 12:00am
Wassan report on Thar

Wassan report on Thar

After Manzoor Wassan, Sindh Minister for Prisons, Enquiries and Anti-Corruption, released to the media his investigative report on the death and devastation wrought by drought in Tharparkar district, PPP Chairman Bilawal Bhutto Zardari issued show-cause n
Published 11 Nov, 2014 12:00am
Question of propriety

Question of propriety

Last week, the hearing of petitions in the Supreme Court (SC) seeking the Prime Minister's disqualification based on his alleged lying to the parliament exposed the worrying shades of democracy 'Pakistan brand'; how will these shades serve the cause of su
Published 11 Nov, 2014 12:00am
Security framework eyed as way out of Ukraine crisis

Security framework eyed as way out of Ukraine crisis

Even as tension in Ukraine mounts anew, veteran diplomats are starting to think quietly about a way out of the worst East-West crisis since the end of the Cold War. It may seem a poor time to imagine a revamped security architecture for Europe when a frai
Published 11 Nov, 2014 12:00am
Food costs eating into consumers' saving

Food costs eating into consumers' saving

Martha Franco says she hadn't really noticed the sharp drop in gasoline prices, even though the mother of three is always shuttling the kids around in her SUV. She has been paying closer attention to the soaring cost of meat instead. "Meat and grains. Act
Published 11 Nov, 2014 12:00am
Small power projects

Small power projects

The government of Pakistan has planned a number of power projects consisting of small, medium and mega capacities. These projects are invariably planned as joint ventures with major input from foreign engineering and multinational corporations. Each proje
Published 11 Nov, 2014 12:00am
PYMA expresses concern over yarn imports from India

PYMA expresses concern over yarn imports from India

Pakistan Yarn Merchants Association (PYMA) Zonal Chairman M Akram Pasha, Central Chairman Qaisar Shamas Guccha and Zonal Vice-Chairman Adnan Zahid Butt have expressed grave concern over large scale imports of cotton yarn from India and have demanded enhan
Published 11 Nov, 2014 12:00am
LSE launches Virtual Investment Competition

LSE launches Virtual Investment Competition

The Lahore Stock Exchange (LSE) has launched the LSE Virtual Investment Competition - an online trading competition which simulates a real trading environment and allows participants to trade by using virtual amount of money. The Virtual Investment Compet
Published 11 Nov, 2014 12:00am
EC members' role becomes controversial: Wattoo

EC members' role becomes controversial: Wattoo

Mian Manzoor Ahmed Wattoo, President PPP Punjab, has said the role of Election Commission members has become controversial casting aspersions on the whole electoral process of 2013. He was talking to media on the occasion of the joining of Qurban Khan Nia
Published 11 Nov, 2014 12:00am
IT key to business growth: LCCI president

IT key to business growth: LCCI president

Lahore Chamber of Commerce and Industry (LCCI) President Ijaz A Mumtaz has said that information technology is a key to business growth in today's high tech world. He stated this while addressing the participants of Web Development Training Course here at
Published 11 Nov, 2014 12:00am
Dastgir, Shahbaz discuss agreements with China

Dastgir, Shahbaz discuss agreements with China

Federal Minister for Trade Khurram Dastgir met Punjab Chief Minister Shahbaz Sharif here on Monday and discussed matters of mutual interest, political situation and the agreements made between Pakistan and China. On the occasion, Shahbaz Sharif said Chine
Published 11 Nov, 2014 12:00am
FPCCI office: business community welcomes Mian Idrees's nomination

FPCCI office: business community welcomes Mian Idrees's nomination

The business community has welcomed the nomination of renowned industrialist, philanthropist and Chief Executive Officer of Sitara Group of Industries Mian Muhammad Idrees for the prestigious office of Federation of Pakistan Chambers of Commerce and Indus
Published 11 Nov, 2014 12:00am
KASB Bank branch inaugurated at Bahria Town

KASB Bank branch inaugurated at Bahria Town

KASB Bank inaugurated its Bahria Town Lahore Branch. KASB Bank's President and CEO Bilal Mustafa along with the senior management were present at the inauguration, stated a press release issued by the bank here on Monday. The opening ceremony was attended
Published 11 Nov, 2014 12:00am
LHC CJ appoints five D&SJs

LHC CJ appoints five D&SJs

The Chief Justice Lahore High Court appointed five District and Sessions Judges (D&SJs) on different posts in different cities. According to notifications issued here on Monday, D&SJ Lahore Syed Imam Ali Shah has been appointed as Presiding Officer Consum
Published 11 Nov, 2014 12:00am
Marriott to hold Belgium food, music gala

Marriott to hold Belgium food, music gala

Karachi Marriott Hotel has announced that "the Belgian food and music festival", will take place on November 14, 15 and 16, says a press release issued here on Monday. John Snauwaert, will be casting his spell for the jazz lovers during the festival along
Published 11 Nov, 2014 12:00am
Peshawar, Swabi, Lakki Police awarded

Peshawar, Swabi, Lakki Police awarded

The Inspector General of Police (IGP) Khyber Pakhtunkhwa, Nasir Khan Durrani awarded Peshawar, Swabi and Lakki Marwat police on arresting and killing a terrorist and robbers respectively in a ceremony held at CPO Peshawar on Monday. As per details Lakki M
Published 11 Nov, 2014 12:00am
NAB KP files reference against APA Kurram

NAB KP files reference against APA Kurram

National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Monday formally filed a reference against Maqsood Hassan, Assistant Political Agent (APA) Upper Kurram Agency, in the Accountability Court Peshawar after completion of investigation. Sources said
Published 11 Nov, 2014 12:00am
Polio workers refuse to initiate campaign in Karachi

Polio workers refuse to initiate campaign in Karachi

Polio workers on Monday have rejected to participate in anti-polio drive in Karachi due to delay in their salaries. According to a private television channel, anti-polio campaign by Sindh Government was to be launched on Monday in Landhi, Korangi, Baldia
Published 11 Nov, 2014 12:00am
Non-alloy/alloy steel: steel industry seeking levy of 40 percent RD

Non-alloy/alloy steel: steel industry seeking levy of 40 percent RD

Steel industry is seeking imposition of some 40 percent Regulatory Duty (RD) on the import of all kinds of non-alloy and alloy steel to curb rising misdeclaration at the import stage and protect the local industry. Industry sources said presently a huge q
Published 11 Nov, 2014 12:00am
Power & gas crises affecting production activities: KCCI chief

Power & gas crises affecting production activities: KCCI chief

Karachi Chamber of Commerce and Industry's (KCCI) President Iftikhar Ahmed Vohra said here on Monday that "Pakistan may not succeed in fully benefiting from Generalised System of Preference (GSP) plus status if the country's exporters continued to face en
Published 11 Nov, 2014 12:00am
Lawmaker says minorities' rights being 'snatched' in Sindh

Lawmaker says minorities' rights being 'snatched' in Sindh

A legislator representing religious minorities in the Sindh Assembly on Monday expressed apprehension over "snatching" of the basic rights of minorities in the province and sought safe shelter to survive if the authorities could not protect and preserve t
Published 11 Nov, 2014 12:00am
Two cops killed, one injured in grenade attack

Two cops killed, one injured in grenade attack

Two policemen were killed and another injured when unidentified persons lobbed a grenade on a police van near Tibbat Centre, here on Monday. According to police, the incident took place around 8:30pm when unknown motorcyclists threw a hand grenade on Pree
Published 11 Nov, 2014 12:00am
Holidays, weekends: SBP tells banks to ensure smooth e-banking services

Holidays, weekends: SBP tells banks to ensure smooth e-banking services

The State Bank of Pakistan has asked banks to take all necessary steps for uninterrupted e-banking services, including ATMs, during weekends and long holidays. According to SBP, it has been noticed that despite given directives during the recent long week
Published 11 Nov, 2014 12:00am
Sharjeel denies any change in Sindh government

Sharjeel denies any change in Sindh government

Sindh Minister of Information Sharjeel Memon on Monday affirmed that neither PPP is holding any significant convention in London nor are there any changes in Sindh government being made. Talking to media before the session of Sindh Assembly he claimed tha
Published 11 Nov, 2014 12:00am
Providing vehicles under PMYBLS: NBP signs MoU with Master Motors

Providing vehicles under PMYBLS: NBP signs MoU with Master Motors

National Bank of Pakistan (NBP) on Monday signed a Memorandum of Understanding (MoU) with the Master Motors to provide commercial vehicles to the applicants seeking loans under the Prime Minister Youth Business Loan Scheme (PMYBLS). Syed Ahmed Iqbal Ashra
Published 11 Nov, 2014 12:00am
Form-14: PTI asked to file application with ECP

Form-14: PTI asked to file application with ECP

A division bench of Islamabad High Court on Monday advised Pakistan Tehreek-i-Insaf (PTI) to file an application with the Election Commission of Pakistan for provision of Form-14 regarding the General Elections of 2013 instead of serving legal notice to t
Published 11 Nov, 2014 12:00am
Second Young Scientists Societies Summit held

Second Young Scientists Societies Summit held

"Though progress is being made in the field of Science and Technology (S&T) in Pakistan, however effective application of modern S&T research to achieve the desired results in almost all fields is still a distant dream mainly due to the multiple factors e
Published 11 Nov, 2014 12:00am
Experts for coordinated efforts to cope with climate change

Experts for coordinated efforts to cope with climate change

Agriculture experts on Monday stressed the need for coordinated efforts to cope with climate change, as Pakistan is among the most venerable countries. Because of climate change, agriculture sector was badly affected decreasing production as well as farme
Published 11 Nov, 2014 12:00am
UBG hopes to win all posts in FPCCI polls

UBG hopes to win all posts in FPCCI polls

Chairman United Business Group (UBG), Iftikhar Ali Malik, has said that the next president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will be accountable to entire managing committee of the Federation. Speaking at a meeting of the
Published 11 Nov, 2014 12:00am
DTRE approvals suspended: kinnow exporters approach FBR against MCC move

DTRE approvals suspended: kinnow exporters approach FBR against MCC move

Exporters have approached the Federal Board of Revenue (FBR) against the Collector Model Customs Collectorate (MCC) Faisalabad for suspending all the Duty and Tax Remission for Export (DTRE) scheme approvals granted to exporters of kinnow for the upcoming
Published 11 Nov, 2014 12:00am
DTRE approvals suspended: kinnow exporters approach FBR against MCC move

DTRE approvals suspended: kinnow exporters approach FBR against MCC move

Exporters have approached the Federal Board of Revenue (FBR) against the Collector Model Customs Collectorate (MCC) Faisalabad for suspending all the Duty and Tax Remission for Export (DTRE) scheme approvals granted to exporters of kinnow for the upcoming
Published 11 Nov, 2014 12:00am
Schools network observes anti-Malala day

Schools network observes anti-Malala day

An association of Pakistani schools held an "I am not Malala" day on Monday, condemning young Nobel peace laureate Malala Yousafzai for what it called her support for controversial novelist Salman Rushdie. The 17-year-old has been hailed around the world
Published 11 Nov, 2014 12:00am
Girl Guides Association: Senate panel informed of misuse of funds

Girl Guides Association: Senate panel informed of misuse of funds

National Commissioner of the Pakistan's Girl Guides Association, Farzana Anjum told the Senate Sub-Committee of the Standing Committee on Inter-Provincial Co-ordination that District Education Officer-Dera Ismail Khan has deposited rent of some shops of G
Published 11 Nov, 2014 12:00am
PPL, NED launch Extended Internship Programme

PPL, NED launch Extended Internship Programme

In a pioneering case of industry-academia collaboration in the local oil and gas sector, Pakistan Petroleum Limited (PPL) together with NED University of Engineering and Technology, Karachi, launched a 12-month Extended Internship Programme (EIP) at an or
Published 11 Nov, 2014 12:00am
Altaf calls for making FATA a separate province

Altaf calls for making FATA a separate province

Chief of Muttahida Qaumi Movement (MQM) Altaf Hussain has demanded to make Federally Administered Tribal Areas (FATA) a separate province besides ensuring fundamental rights to the people of area on priority basis. In a statement issued from the MQM Londo
Published 11 Nov, 2014 12:00am
Italian army chief, CoAS General Raheel discuss co-operation

Italian army chief, CoAS General Raheel discuss co-operation

General Claudio Graziano, Chief of Staff of Italian Army, who is on an official visit to Pakistan, called on Chief of Army Staff (CoAS) General Raheel Sharif at the GHQ on Monday. During the meeting, wide range of issues of mutual interest including defen
Published 11 Nov, 2014 12:00am
International Textile announces partnership with SAP

International Textile announces partnership with SAP

Pakistan-based International Textile Ltd has announced a partnership with SAP to bring technology-driven success across its international textile manufacturing. One of Pakistan's key industrial sectors, textile manufacturing has enabled International Text
Published 11 Nov, 2014 12:00am
Smuggled Iranian gasoline seized

Smuggled Iranian gasoline seized

Customs Intelligence Karachi on Monday claimed to have seized 166,373 litres of smuggled Iranian gasoline during joint operation with Pakistan Maritime Security Agency (PMSA) at open sea. According to official sources, action was taken on secret informati
Published 11 Nov, 2014 12:00am
IRIS, manual tax returns issue stay unattended: KTBA

IRIS, manual tax returns issue stay unattended: KTBA

Karachi Tax Bar Association (KTBA) has said that issues related to IRIS system and manual returns of income for Tax Year 2014 remained unattended by Federal Board of Revenue (FBR). In a letter sent to chairman FBR, KTBA said that in the 'IRIS', the tax re
Published 11 Nov, 2014 12:00am
Bedwear export plummets by 20 percent in dollar term

Bedwear export plummets by 20 percent in dollar term

Bedwear export has plummeted by 20 per cent in dollar term while 26 per cent decline depicted in quantity, despite having GSP Plus status; observed by Federal Bureau of Statistics (FBS) in its latest statistics for September, 2014. According to Pakistan B
Published 11 Nov, 2014 12:00am
KP joint opposition boycotts Assembly proceedings

KP joint opposition boycotts Assembly proceedings

Joint Opposition in Khyber Pakhtunkhwa Assembly Monday announced boycott of the house proceedings to protest the unpleasant incident of October 30, 2014 in the house. Soon after recitation from Holy Quran and start of the proceedings, Leader of Opposition
Published 11 Nov, 2014 12:00am
Two gunned down, two injured in Karachi

Two gunned down, two injured in Karachi

Two people were killed and two others, including a woman, injured in separate incidents of violence in Karachi on Monday. According to police and rescue sources, Imran, 40, was shot dead by an unidentified man in Surjani Town in the jurisdictions of Surja
Published 11 Nov, 2014 12:00am
Police kill wanted criminal in encounter

Police kill wanted criminal in encounter

Qalandar aka Khaskheli, a notorious criminal and wanted to police in different criminal cases, was gunned down by the police in an encounter here on Monday. According to police sources, Khaskheli was killed in an encounter with the police in the jurisdict
Published 11 Nov, 2014 12:00am
Pakistan is not a dangerous place: Bilawal

Pakistan is not a dangerous place: Bilawal

Pakistan People's Party (PPP) chairman Bilawal Bhutto Zardari has said that Pakistan is not a dangerous place rather it's the bravest country that has given birth to people like Salman Taseer and Shahbaz Bhatti. Speaking at the book opening ceremony at th
Published 11 Nov, 2014 12:00am
Crescent Textile Mills Limited

Crescent Textile Mills Limited

Crescent Textile Mills (CRTM) is a Faisalabad-based textile unit which was registered at stock exchange in 1951. CRTM is involved in textile spinning, weaving, dyeing, printing, made-ups and also trades in yarn and fabric. CRTM is the one of the first com
Published 11 Nov, 2014 12:00am
Crescent Textile Mills Limited

Crescent Textile Mills Limited

Crescent Textile Mills (CRTM) is a Faisalabad-based textile unit which was registered at stock exchange in 1951. CRTM is involved in textile spinning, weaving, dyeing, printing, made-ups and also trades in yarn and fabric. CRTM is the one of the first com
Published 11 Nov, 2014 12:00am
SECP warns company for violation of provisions of Insurance Ordinance

SECP warns company for violation of provisions of Insurance Ordinance

Securities and Exchange Commission of Pakistan (SECP) has warned an insurance company to strictly adhere to the provisions of the Insurance Ordinance, 2000 regarding minimum solvency requirements of the non-life insurers. It was learnt on Monday that the
Published 11 Nov, 2014 12:00am
Oppo launches smart phones

Oppo launches smart phones

OPPO, the leading manufacturer of electronic products, recently launched its global strategy together with two cutting-edge smart phones at the Marina Bay Sands Convention Center in Singapore. The event brought together 1,300 people, representing dealers,
Published 11 Nov, 2014 12:00am
Ittefaq Foundries: Supreme Court reserves its judgement

Ittefaq Foundries: Supreme Court reserves its judgement

The Supreme Court on Monday reserved its judgement against a Lahore High Court (LHC) verdict that had released guarantor of defaulter (Ittefaq Foundries) in a Rs 1.06 billion loan case. A three-member bench led by Justice Anwar Zaheer Jamali took up an ap
Published 11 Nov, 2014 12:00am
Argentina embassy hosts paintings exhibition

Argentina embassy hosts paintings exhibition

Argentina Embassy on Monday hosted a solo exhibition of recent works of Artist Maria Martha Pichel, here at Embassy. The exhibition was inaugurated by Ambassador of Argentina Rodolfo J Martin Saravia by cutting ribbon. A number of diplomats, politicians a
Published 11 Nov, 2014 12:00am
Two cops killed as van plunges into gorge in Hub

Two cops killed as van plunges into gorge in Hub

Two policemen were killed and four others injured when the van they were travelling fell into a gorge here on Sunday night. Edhi sources said that the accident took place near Hub-Gaddani Mor where a police mobile van skidded off the road and plunged into
Published 11 Nov, 2014 12:00am
Sindh, Balochistan districts: SSGC installing 22 LPG air mix plants

Sindh, Balochistan districts: SSGC installing 22 LPG air mix plants

Sui Southern Gas Company Limited (SSGCL) is installing 22 Liquefied Petroleum Gas (LPG) air mix plants in 14 less-developed districts of Balochistan and two in districts of Sindh with an estimated cost of Rs 15.58 billion. This was stated by SSGC Managing
Published 11 Nov, 2014 12:00am
SCB launches NRP proposition in UAE

SCB launches NRP proposition in UAE

Standard Chartered Bank has announced the launch of its distinct NRP proposition to cater for the financial needs of Non Resident Pakistanis (NRPs) based in UAE. The new proposition involves experienced and dedicated relationship managers in UAE who will
Published 11 Nov, 2014 12:00am
Canada former deputy Prime Minister says she was raped

Canada former deputy Prime Minister says she was raped

A former Canadian deputy prime minister waded into a nation-wide uproar over sexual violence on Monday by revealing that she was twice assaulted when she was a budding politician years ago. The shocking disclosure followed the suspension of two MPs by the
Published 11 Nov, 2014 12:00am
Google to boost Ebola donations

Google to boost Ebola donations

Google launched a campaign Monday to raise money to fight Ebola, tossing $10 million into the pot and saying it will match donations to the fund two to one. In addition, Google chief executive and co-founder Larry Page said his family's foundation is cont
Published 11 Nov, 2014 12:00am
Hackers target CEOs in 'Darkhotel' scheme

Hackers target CEOs in 'Darkhotel' scheme

Hackers have developed a scheme to steal sensitive information from top executives by penetrating the Wi-Fi networks of luxury hotels, security researchers said Monday. A report by Kaspersky Lab said the "Darkhotel" espionage effort "has lurked in the sha
Published 11 Nov, 2014 12:00am
Israeli dies in World Bank stabbing, Palestinian attacker killed

Israeli dies in World Bank stabbing, Palestinian attacker killed

An Israeli woman was killed and two others wounded Monday when a Palestinian stabbed them outside a West Bank settlement before being shot dead by a security guard, police said. Medics said a woman of around 25 died in the attack on a road outside Alon Sh
Published 11 Nov, 2014 12:00am
Pentagon can't confirm fate of IS leader

Pentagon can't confirm fate of IS leader

The US military can not confirm reports that the Islamic State group leader may have been struck in an airstrike, but a Pentagon official suggested Monday that lower-level figures may have been hit. Speculation has swirled over the fate of jihadist leader
Published 11 Nov, 2014 12:00am
GM orders new ignition switches prior to recall

GM orders new ignition switches prior to recall

General Motors ordered a half-million replacement ignition switches nearly two months before alerting regulators to a defect linked to at least 32 deaths, The Wall Street Journal reported. The largest US automaker placed an "urgent" order for the new igni
Published 11 Nov, 2014 12:00am
Assad says ready to study UN plan to 'freeze' Aleppo fighting

Assad says ready to study UN plan to 'freeze' Aleppo fighting

Syrian President Bashar al-Assad said Monday he was ready to study a UN plan to "freeze" fighting in the northern city of Aleppo, a statement from his office said. "President Assad has been informed by (UN envoy Staffan) de Mistura of the main points of h
Published 11 Nov, 2014 12:00am
Russia launches foreign news service to fight Western 'propaganda'

Russia launches foreign news service to fight Western 'propaganda'

Russia launched a new state-funded foreign news service Monday to challenge the "aggressive propaganda" of the West and provide an "alternative interpretation" of global events. The new media brand, Sputnik, is the reworked foreign language service of the
Published 11 Nov, 2014 12:00am
Kosovo clash mars Albanian Prime Minister's landmark visit to Serbia

Kosovo clash mars Albanian Prime Minister's landmark visit to Serbia

An historic fence-building visit to Belgrade by Albanian Prime Minister Edi Rama took a disastrous turn Monday when the leaders of the two countries clashed publicly over Kosovo. All was going well as Rama and Serbian Prime Minister Aleksandar Vucic spoke
Published 11 Nov, 2014 12:00am
Catalan independence vote turnout at 2.3 million: officials

Catalan independence vote turnout at 2.3 million: officials

More than 2.3 million people voted in Catalonia's symbolic independence vote with 80 percent of them backing secession from Spain, the regional government said on Monday. With all the ballots counted in Catalonia, the total number in Sunday's poll reached
Published 11 Nov, 2014 12:00am
Italy quake experts win appeal in 'science on trial' case

Italy quake experts win appeal in 'science on trial' case

Seven Italian scientists who faced jail for failing to predict a deadly 2009 earthquake were cleared Monday of manslaughter convictions that had sparked international outrage The seven men were sentenced to six years in jail in October 2012 after a court
Published 11 Nov, 2014 12:00am
Pastor among nine killed in Bahamas plane crash

Pastor among nine killed in Bahamas plane crash

A small plane carrying nine people crashed while trying to land in the Bahamas on Sunday, killing all nine occupants, including a prominent Protestant minister and his wife, officials there said. A statement released Monday by the office of Prime Minister
Published 11 Nov, 2014 12:00am
Nigeria military helicopter goes down

Nigeria military helicopter goes down

The Nigeria military said one of its helicopters made an emergency landing in the restive north-east on Monday, while witnesses and a security source reported that the chopper crashed with several foreigners on board. Defence spokesman Chris Olukolade sai
Published 11 Nov, 2014 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 265,841 tonnes of cargo comprising 186,791 tonnes of import cargo and 79,050 tonnes of export cargo including 4,704 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday. The total import cargo of 186
Published 11 Nov, 2014 12:00am
Hungary sets mortgage relief conversion rate for FX loans

Hungary sets mortgage relief conversion rate for FX loans

Hungary's banks will convert foreign currency debt into forints using the central bank's exchange rate on November 7, the economy ministry announced late-Sunday, easing fears of a further squeeze on a hard-pressed banking sector. Analysts had warned that
Published 11 Nov, 2014 12:00am
Sustained drop in oil price could slow Gulf economies: S&P

Sustained drop in oil price could slow Gulf economies: S&P

A prolonged decline in oil prices will likely slow the economies of the energy-rich Gulf states and impact their massive infrastructure projects, Standard and Poor's Ratings Services said on Monday. "The recent drop in hydrocarbon prices, if sustained, co
Published 11 Nov, 2014 12:00am
UK employers call for government action to boost earnings

UK employers call for government action to boost earnings

Britain should allow workers to earn more before they start to pay "National Insurance" social security contributions and provide more childcare to boost living standards, one of country's leading employers' groups said on Monday. The proposals from the C
Published 11 Nov, 2014 12:00am
G20 global infrastructure hub set for Australia

G20 global infrastructure hub set for Australia

A global infrastructure hub proposed by G20 nations to help strengthen economic growth will be based in Sydney and funded by Australia, a report said on Monday. The Group of 20 of the world's biggest developed and emerging economies agreed in September th
Published 11 Nov, 2014 12:00am
US MIDDAY: gold plunges two percent

US MIDDAY: gold plunges two percent

Gold fell over 2 percent early on Monday as the dollar rose, nearly wiping out its previous session's rally, but signs of renewed buying interest in the US futures market could underpin prices, traders said. A combination of oil futures tumble and higher
Published 11 Nov, 2014 12:00am
US MIDDAY: corn climbs

US MIDDAY: corn climbs

Chicago Board of Trade corn futures rose early on Monday after the US Department of Agriculture surprised traders by lowering its estimate for the US corn yield in a monthly report. Soyabeans erased early gains after the report and wheat was narrowly mixe
Published 11 Nov, 2014 12:00am
Gold falls in Europe

Gold falls in Europe

Gold fell 1 percent on Monday as a short-covering rally that boosted prices from 4-1/2-year lows lost steam, with buyers wary that rising stock markets, upbeat US data and softening investment flows would spell further falls. The metal rebounded from a lo
Published 11 Nov, 2014 12:00am
Gold drops in Asia

Gold drops in Asia

Gold slipped nearly 1 percent on Monday as investors adjusted positions after a short covering rally, fuelled by a softer-than-expected US jobs report, and as stronger equities and bearish sentiment continued to weigh on the metal. Despite a 3 percent jum
Published 11 Nov, 2014 12:00am
Arabica coffee rise on deficit forecast, sugar eases

Arabica coffee rise on deficit forecast, sugar eases

ICE arabica coffee futures firmed on Monday after a forecast for a global deficit by the International Coffee Organisation (ICO), while raw sugar dipped. Cocoa steadied, above last week's 5-1/2-week lows, pressured by a strong crop in top grower Ivory Coa
Published 11 Nov, 2014 12:00am
Palm oil snaps four-day losing streak as demand picks up

Palm oil snaps four-day losing streak as demand picks up

Malaysian palm oil futures snapped a four-day losing streak on Monday as export demand picked up, with prices further lifted as investors covered short positions ahead of a US government report on its grains acreage. The US Department of Agriculture is sc
Published 11 Nov, 2014 12:00am
Russian central bank buys up domestic gold output

Russian central bank buys up domestic gold output

Russia's central bank has been forced to step up its gold buying this year to absorb domestic production that Western sanctions are making it hard for miners to sell abroad, and to boost liquidity in its foreign reserves, sources said. Most Russian gold m
Published 11 Nov, 2014 12:00am
Aluminium falls as Chinese product exports strong, copper down

Aluminium falls as Chinese product exports strong, copper down

Aluminium prices fell on Monday after data showed heavy exports of aluminium products from China, while nickel declined after inventories rose to a record high. Three month aluminium on the London Metal Exchange ended down 1.05 percent at $2,033.50 a tonn
Published 11 Nov, 2014 12:00am
Shanghai copper climbs

Shanghai copper climbs

The most-traded January copper contract on the Shanghai Futures Exchange climbed 1.1 percent to 47,530 yuan (7,772) a tonne, while ShFE zinc rose 2 percent as signs of resilience in China's trade data also revived sentiment towards the metal. China's Octo
Published 11 Nov, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 11 Nov, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 11 Nov, 2014 12:00am
Indian soyabean futures fall on higher output

Indian soyabean futures fall on higher output

Indian soyabean futures fell on Monday on likely higher output and supplies from the new season crop, though rapeseed futures ended higher on thin arrival amid good demand. The key December soyabean contract on the National Commodity & Derivatives Exchang
Published 11 Nov, 2014 12:00am
Chinese steel, iron ore futures rebound

Chinese steel, iron ore futures rebound

Chinese steel and iron ore futures rebounded on Monday after losses last week, supported by firm export data from China and comments from President Xi Jinping playing down risks faced by the world's No 2 economy. China's exports grew 11.6 percent in Octob
Published 11 Nov, 2014 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 11 Nov, 2014 12:00am
Indonesian rubber producers hold off sales as prices slump again

Indonesian rubber producers hold off sales as prices slump again

Indonesian rubber producers held on to stocks this week as prices tumbled to within striking distance of five-year lows reached in October, prompting sellers in the No 2 producer to exercise caution, dealers said on Wednesday. Benchmark Tokyo rubber futur
Published 11 Nov, 2014 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 11 Nov, 2014 12:00am
Oil cake market rates

Oil cake market rates

The December vaida moved slightly down on the forward cottonseeds oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1499.50, but it pared gains, shedding 10 paisa at Rs 1499.40 in the morning session, the
Published 11 Nov, 2014 12:00am
Previous Day
⇧