AGL 37.72 Decreased By ▼ -0.22 (-0.58%)
AIRLINK 168.65 Increased By ▲ 13.43 (8.65%)
BOP 9.09 Increased By ▲ 0.02 (0.22%)
CNERGY 6.85 Increased By ▲ 0.13 (1.93%)
DCL 10.05 Increased By ▲ 0.52 (5.46%)
DFML 40.64 Increased By ▲ 0.33 (0.82%)
DGKC 93.24 Increased By ▲ 0.29 (0.31%)
FCCL 37.92 Decreased By ▼ -0.46 (-1.2%)
FFBL 78.72 Increased By ▲ 0.14 (0.18%)
FFL 13.46 Decreased By ▼ -0.14 (-1.03%)
HUBC 114.10 Increased By ▲ 3.91 (3.55%)
HUMNL 14.95 Increased By ▲ 0.06 (0.4%)
KEL 5.75 Increased By ▲ 0.02 (0.35%)
KOSM 8.23 Decreased By ▼ -0.24 (-2.83%)
MLCF 45.49 Decreased By ▼ -0.17 (-0.37%)
NBP 74.92 Decreased By ▼ -1.25 (-1.64%)
OGDC 192.93 Increased By ▲ 1.06 (0.55%)
PAEL 32.24 Increased By ▲ 1.76 (5.77%)
PIBTL 8.57 Increased By ▲ 0.41 (5.02%)
PPL 167.38 Increased By ▲ 0.82 (0.49%)
PRL 31.01 Increased By ▲ 1.57 (5.33%)
PTC 22.08 Increased By ▲ 2.01 (10.01%)
SEARL 100.83 Increased By ▲ 4.21 (4.36%)
TELE 8.45 Increased By ▲ 0.18 (2.18%)
TOMCL 34.84 Increased By ▲ 0.58 (1.69%)
TPLP 11.24 Increased By ▲ 1.02 (9.98%)
TREET 18.63 Increased By ▲ 0.97 (5.49%)
TRG 60.74 Decreased By ▼ -0.51 (-0.83%)
UNITY 31.98 Increased By ▲ 0.01 (0.03%)
WTL 1.61 Increased By ▲ 0.14 (9.52%)
BR100 11,289 Increased By 73.1 (0.65%)
BR30 34,140 Increased By 489.6 (1.45%)
KSE100 105,104 Increased By 545.3 (0.52%)
KSE30 32,554 Increased By 188.3 (0.58%)
Dec 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2014-11-24
Saudi Mobily suspends CEO after results shock

Saudi Mobily suspends CEO after results shock

Mobily, Saudi Arabia's second-biggest telecoms network operator, said on Sunday it has suspended its chief executive Khalid al-Kaf and put his deputy Serkan Okandan in temporary charge pending an investigation into accounting errors. Earlier this month th
Published 24 Nov, 2014 12:00am
Saudi Mobily suspends CEO after results shock

Saudi Mobily suspends CEO after results shock

Mobily, Saudi Arabia's second-biggest telecoms network operator, said on Sunday it has suspended its chief executive Khalid al-Kaf and put his deputy Serkan Okandan in temporary charge pending an investigation into accounting errors. Earlier this month th
Published 24 Nov, 2014 12:00am
French city bans street advertising

French city bans street advertising

Commercial street advertising will be banned in Grenoble to make way for trees and community notice boards, the eastern French city's new Green mayor announced Sunday. "The municipality is taking the choice of freeing public space in Grenoble from adverti
Published 24 Nov, 2014 12:00am
Mexico cuts 2014 growth forecast

Mexico cuts 2014 growth forecast

Mexico's finance ministry cut its 2014 growth forecast on Friday after the economy grew unexpectedly slowly in the third quarter in a modest recovery that is now also threatened by rising social unrest. Mexican gross domestic product expanded 0.5 percent
Published 24 Nov, 2014 12:00am
France, Germany to present joint economic reform paper

France, Germany to present joint economic reform paper

Germany and France are set to present a joint economic reform paper Thursday that proposes Paris would freeze wages and Berlin would hike public investment, a news report said. Paris stressed that the proposals to be presented to both countries' economy m
Published 24 Nov, 2014 12:00am
Jaitley pledges 'second-generation' reforms

Jaitley pledges 'second-generation' reforms

India's Finance Minister Arun Jaitley promised on Sunday to unveil a whole series of "second-generation" reforms to try to kick-start the stuttering economy. In an interview with the Press Trust of India (PTI) news agency, Jaitley said the reforms that wo
Published 24 Nov, 2014 12:00am
Syria's government spending to increase by 12 percent

Syria's government spending to increase by 12 percent

Syria's state spending is expected to rise 12 percent to 1.55 trillion Syrian pounds ($9.10 billion) next year, driven by higher social support costs, state news agency SANA reported citing a draft budget presented to lawmakers on Sunday. Syria's civil wa
Published 24 Nov, 2014 12:00am
Putin stands by hawkish Russian central bank - for now

Putin stands by hawkish Russian central bank - for now

With Russia's economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as it freed the rouble to float. Such tough measures may
Published 24 Nov, 2014 12:00am
Chinese developer plans over 150 hotels

Chinese developer plans over 150 hotels

Chinese property developer Dalian Wanda Group plans to build more than 150 premium hotels around the world by 2018 in an expansion of its luxury hotel business, state news agency Xinhua said on Sunday. The announcement comes as Dalian Wanda Commercial Pro
Published 24 Nov, 2014 12:00am
Rising volatility fails to dispel stock trader gloom

Rising volatility fails to dispel stock trader gloom

An end-of-year increase in financial market volatility is too little, too late to offset investor risk aversion, tepid volume growth and increased regulatory scrutiny that is making cutbacks on equity desks likely.
Published 24 Nov, 2014 12:00am
Yuan may weaken early next year as central bank steps back

Yuan may weaken early next year as central bank steps back

China's central bank has taken a hands-off approach to the yuan in the last six months, possibly setting the currency up to depreciate again next year. Regulators may allow market forces to guide the yuan lower in the first quarter of 2015 to keep it comp
Published 24 Nov, 2014 12:00am
Tokyo investors cautious over market downturn

Tokyo investors cautious over market downturn

Tokyo investors are likely to be cautious next week about a possible market downturn, analysts said Friday, while political developments in Japan will be a focus ahead of an election next month. "The market continues to show all the signs of being technic
Published 24 Nov, 2014 12:00am
Oil and global equities support Middle East markets

Oil and global equities support Middle East markets

A slight rebound in oil prices and a rally in global equities supported most stock markets in the Middle East on Sunday, but profit-taking continued in Qatar. Brent crude climbed back above $80 a barrel and global stock markets also rose on Friday after C
Published 24 Nov, 2014 12:00am
Aircraft leasing co Intrepid Aviation files for IPO

Aircraft leasing co Intrepid Aviation files for IPO

Intrepid Aviation Ltd, an aircraft leasing company, filed with US regulators on Wednesday for an initial public offering of common stock. The company owned 16 aircraft, mostly Airbus A330s and Boeing 777s, with net book value of about $1.7 billion as of J
Published 24 Nov, 2014 12:00am
Aircraft leasing co Intrepid Aviation files for IPO

Aircraft leasing co Intrepid Aviation files for IPO

Intrepid Aviation Ltd, an aircraft leasing company, filed with US regulators on Wednesday for an initial public offering of common stock. The company owned 16 aircraft, mostly Airbus A330s and Boeing 777s, with net book value of about $1.7 billion as of J
Published 24 Nov, 2014 12:00am
Monthly FX volumes dip from record highs in October

Monthly FX volumes dip from record highs in October

Average daily volumes in the global foreign exchange market in October eased from September's record high of nearly $6 trillion, data from FX settlement system CLS showed on Friday. The value of all transactions through the CLS system, which is used almos
Published 24 Nov, 2014 12:00am
Real money checks out of covereds as ECB muscles in

Real money checks out of covereds as ECB muscles in

The European Central Bank's aggressive covered bond buying strategy is severely distorting valuations and turfing out real money investors from the market, storing up the risk of disenfranchising them and pushing them to look elsewhere.
Published 24 Nov, 2014 12:00am
Canadian stock market rally seen cooling in 2015

Canadian stock market rally seen cooling in 2015

Canadian stocks are expected to build on gains that already took the broad market to a record high this year, but they may lose momentum in 2015 as weaker commodity prices and a sluggish domestic economy take hold, a Reuters poll found. Toronto Stock Exch
Published 24 Nov, 2014 12:00am
Ukraine ready to repay $3 billion bond to Russia in 2015

Ukraine ready to repay $3 billion bond to Russia in 2015

Ukraine would be willing to repay early a $3 billion bond held entirely by Russia if the issue's conditions are violated, but not until next year, a senior Ukrainian Finance Ministry official said on Friday. Russia bought the two-year bond in December, be
Published 24 Nov, 2014 12:00am
Ukraine ready to repay $3 billion bond to Russia in 2015

Ukraine ready to repay $3 billion bond to Russia in 2015

Ukraine would be willing to repay early a $3 billion bond held entirely by Russia if the issue's conditions are violated, but not until next year, a senior Ukrainian Finance Ministry official said on Friday. Russia bought the two-year bond in December, be
Published 24 Nov, 2014 12:00am
Wall Street week ahead: giving thanks for big stock gains

Wall Street week ahead: giving thanks for big stock gains

US stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows. The S&P 500 is up 13.3 perc
Published 24 Nov, 2014 12:00am
Rights groups urge Gulf to protect migrant workers

Rights groups urge Gulf to protect migrant workers

International rights and labour groups called Sunday for urgent action to protect migrant workers from abuse in the oil-rich Gulf countries. Ahead of a meeting this week of Gulf and Asian labour ministers, 90 groups issued a statement saying millions of A
Published 24 Nov, 2014 12:00am
Israeli army shoots dead first Gazan since August truce

Israeli army shoots dead first Gazan since August truce

Israeli troops shot dead a Palestinian farmer near the border in northern Gaza on Sunday in the first deadly shooting since an August truce ended a 50-day war, medics said. Emergency services spokesman Ashraf al-Qudra identified the dead man as Fadel Moha
Published 24 Nov, 2014 12:00am
Egypt could send forces to stabilise future Palestinian state: Sisi

Egypt could send forces to stabilise future Palestinian state: Sisi

Egyptian President Abdel Fattah al-Sisi said in an interview published Sunday that he would be prepared to send troops to a future Palestinian state to help stabilise it. Sisi, who begins his first European trip on Monday since ousting his Islamist predec
Published 24 Nov, 2014 12:00am
Israeli policeman charged with manslaughter of Palestinian teen

Israeli policeman charged with manslaughter of Palestinian teen

A Jerusalem court on Sunday charged an Israeli border policeman with manslaughter in the May shooting to death of a young Palestinian during a West Bank demonstration. "A charge of manslaughter has been filed against the defendant," a court transcript sai
Published 24 Nov, 2014 12:00am
Thousands evacuated after WWII bomb found in French city

Thousands evacuated after WWII bomb found in French city

Three thousand people were evacuated from their homes in the centre of the French city of Rennes Sunday while a huge British bomb from World War II was defused. The 250-kilogramme (550-pound) bomb was found near the city's town hall during the building of
Published 24 Nov, 2014 12:00am
Mugabe tightens grip on party, to choose successor

Mugabe tightens grip on party, to choose successor

Zimbabwe's president Robert Mugabe has changed the constitution of his ruling ZANU-PF party to allow him to directly appoint his deputies, giving the 90-year-old sole power to anoint his successor, party sources said on Sunday.
Published 24 Nov, 2014 12:00am
North Korea warns of 'catastrophic consequences' over UN rights ruling

North Korea warns of 'catastrophic consequences' over UN rights ruling

North Korea's top military body warned Sunday of "catastrophic consequences" for supporters of a UN resolution censuring its human rights record, as state media reported its leader presiding over a fresh military exercise. A resolution urging the United N
Published 24 Nov, 2014 12:00am
Putin breaks silence on family to say daughters live in Russia

Putin breaks silence on family to say daughters live in Russia

Russian President Vladimir Putin, who is fiercely protective of his private life, said Sunday that his two daughters - who had reportedly lived abroad with their foreign partners - now live in Moscow. In a rare glimpse into the Russian ruler's notoriously
Published 24 Nov, 2014 12:00am
Putin says Russia not isolated over Ukraine, blames West for frosty ties

Putin says Russia not isolated over Ukraine, blames West for frosty ties

President Vladimir Putin blamed the West for worsening relations with Russia since the Ukraine crisis and said Moscow would not allow itself to become internationally isolated behind another 'Iron Curtain'. In an interview published by state news agency T
Published 24 Nov, 2014 12:00am
US troops to stay in Poland, Baltics through 2015

US troops to stay in Poland, Baltics through 2015

US troops will remain in Poland and the Baltic states through 2015 "to deter Russian aggression", the top US commander for Europe said on Sunday. "There are going to be US army forces here in Lithuania as well as Estonia and Latvia and Poland for as long
Published 24 Nov, 2014 12:00am
US voters crave 'that new car smell': Obama

US voters crave 'that new car smell': Obama

Barack Obama says voters in the United States are going to want "that new car smell" when the 2016 presidential campaign comes along to choose his successor. Obama's former secretary of state Hillary Clinton is strongly fancied to run on the Democratic ti
Published 24 Nov, 2014 12:00am
Frenzied Iran nuclear talks in final 36 hours

Frenzied Iran nuclear talks in final 36 hours

Iran and world powers engaged Sunday in a last-ditch diplomatic blitz to nail down a nuclear deal in less than 36 hours, with Tehran signalling it is open to extending talks by up to a year. Officials on both sides insisted however that for Sunday at leas
Published 24 Nov, 2014 12:00am
'1,400 Hindus sites in dire need of protection'

'1,400 Hindus sites in dire need of protection'

The Pakistan Hindu Council has requested the government to provide security of Hindu worship places at national level, adding that around 1,400 Hindus religious sites across the country are in dire need to be protected by the government. In a statement Pa
Published 24 Nov, 2014 12:00am
Three more newborns die in Sargodha

Three more newborns die in Sargodha

At least three more infants died in Pagoda's District Headquarters (DHQ) Teaching Hospital, taking the death toll to 19 on Sunday. The nursery of the DHQ hospital has 25 beds and five incubators but it had 50 newborns admitted by Friday, with 20 of them i
Published 24 Nov, 2014 12:00am
Government dealing with hoarders, profiteers strictly: Minister

Government dealing with hoarders, profiteers strictly: Minister

Punjab Minister for Food and Chairman of Cabinet Price Control Committee Bilal Yasin has said that hoarding and profiteering were a social evil and the government was strictly dealing with this problem. He said the media should also keep a watchful eye on
Published 24 Nov, 2014 12:00am
Man held for defacing PTI signboards

Man held for defacing PTI signboards

Police on Sunday arrested a man allegedly involved in throwing colour on signboards of Pakistan Tehreek-e-Insaf (PTI) in Gujranwala town of Punjab. Police presented the man before media persons, claiming that he was captured today, a day after he defaced
Published 24 Nov, 2014 12:00am
Plan to attack Imran with egg, tomatoes foiled

Plan to attack Imran with egg, tomatoes foiled

A man was arrested in Gujranwala for planning to attack PTI chief Imran Khan with eggs and tomatoes on his arrival to the city to attend party's rally. Amir Butt, whose house was raided by police and a large number of eggs and tomatoes inscribed with 'Ro
Published 24 Nov, 2014 12:00am
PTI rally: two suspects held, explosives recovered

PTI rally: two suspects held, explosives recovered

Police arrested two suspects from Pakistan Tehreek-e-Insaaf rally in Gujranwala, who were reportedly carrying explosive material with them. According to details, duty policemen arrested a suspected man from Jinnah Stadium, Gujranwala, who was said to be c
Published 24 Nov, 2014 12:00am
Pakistani scientists discover thermo-acidophilic enzyme

Pakistani scientists discover thermo-acidophilic enzyme

Since last three decades, scientists around the globe were in search of efficient enzymes that could simplify the process of starch hydrolysis for glucose and maltose production. By the grace of Allah, scientists from Institute of Agricultural Sciences (I
Published 24 Nov, 2014 12:00am
Army sets up seven relief camps for Thar DAPs

Army sets up seven relief camps for Thar DAPs

Pakistan Army has established seven relief camps in Lahore and surrounding areas for collection of relief goods for drought affected Persons (DAPs) of Thar Desert. The Army relief camps have been established at Fortress Stadium, Gaddafi Stadium, Ayub Stad
Published 24 Nov, 2014 12:00am
Government ends dialogue with PTI: Khattak

Government ends dialogue with PTI: Khattak

Chief Minister of Khyber Pakhtunkhwa (KP) Pervez Khattak has accused federal government of ending the dialogue process with PTI. Pervez Khattak, speaking exclusively to a private television channel, said that the claims of Chaudhry Nisar are tantamount to
Published 24 Nov, 2014 12:00am
'Rulers have no moral justification to rule country'

'Rulers have no moral justification to rule country'

Former president and Chairman of All Pakistan Muslim League Pervaiz Musharraf has said that by participating in sit-ins and public meetings of Imran Khan and Tahirul Qadri, 180 million people of Pakistan have proved that they have rejected those who have
Published 24 Nov, 2014 12:00am
PML-N, PPP rejected by people: Qureshi

PML-N, PPP rejected by people: Qureshi

Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mehmood Qureshi has said that both PML-N and PPP have been rejected by the people. Addressing a massive gathering of supporters at Jinnah Stadium in Gujranwala on Sunday, Shah Mehmood Qureshi said that exi
Published 24 Nov, 2014 12:00am
Fifth International Foundry Congress & Exhibition to be held in Lahore

Fifth International Foundry Congress & Exhibition to be held in Lahore

Foundry is the second largest sector of our local industry after textile and needs immediate steps for its upgradation to bring it at par with international standards, said Rizwan Ashraf, president of Faisalabad Chamber of Commerce and Industry (FCCI).
Published 24 Nov, 2014 12:00am
Four killed in Karachi

Four killed in Karachi

Three persons were killed and as many injured in separate mishaps in the city, here on Sunday. A woman, Tabasum, was found dead near 24 Market in Baldia, Saeedabad. Junaid Akhtar, 60, son of Muhammad Akhtar, was killed when a fast moving vehicle hit him n
Published 24 Nov, 2014 12:00am
Two killed in Charsadda firing

Two killed in Charsadda firing

At least two persons were killed and six others injured in a firing during a wedding ceremony, here on Sunday. Police said that the incident took place in Ghazgi area of Charsadda where armed men of rival group opened firing at a wedding ceremony of membe
Published 24 Nov, 2014 12:00am
Three Lashkar-e-Islam militants killed in Khyber Agency

Three Lashkar-e-Islam militants killed in Khyber Agency

At least three Lashkar-e-Islam (LI) militants were killed and two others injured in a clash between militants belonging to the proscribed group and a local peace legion in the restive Tirah valley in Khyber Agency.
Published 24 Nov, 2014 12:00am
Sajid Mir calls on Shahbaz

Sajid Mir calls on Shahbaz

Head of Jamiat Ahle Hadith Pakistan Professor Senator Sajid Mir called on Punjab Chief Minister Shahbaz Sharif, here on Sunday. Matters of mutual interest and political situation were discussed in the meeting. The Chief Minister said the country was passi
Published 24 Nov, 2014 12:00am
Sanaullah says Imran suffers from Nawaz phobia

Sanaullah says Imran suffers from Nawaz phobia

The PML- N leader Rana Sanaullah MPA has said Imran Khan did nothing except levelling indecent, uncivilised and baseless allegations in politics. He is suffering from Nawaz Sharif phobia and in fact he is afraid of development agenda of the present govern
Published 24 Nov, 2014 12:00am
Attack on MQM's campaign camp: police detain 18 suspects

Attack on MQM's campaign camp: police detain 18 suspects

At least eight more suspects behind the attack on Muttahida Qaumi Movement's (MQM) membership campaign have been detained Sunday by police in Orangi Town Karachi. Following MQM's complaint, Orangi police have filed a case under the act of counterterrorism
Published 24 Nov, 2014 12:00am
Government warned against stopping PTI rally

Government warned against stopping PTI rally

Awami Muslim League (AML) chief Sheikh Rasheed on Sunday warned that the government will die 'political death' if it tried to put obstacles in the way of Pakistan Tehreek-e-Insaf's (PTI) protest rally scheduled on November 30. He said there will be 'judo
Published 24 Nov, 2014 12:00am
Decisive battle to be fought on November 30: Imran

Decisive battle to be fought on November 30: Imran

Pakistan Tehreek-e-Insaf chief Imran Khan has said a decisive battle whether monarchy or struggle for freedom from status quo would prevail, will be fought on November 30. Speaking to the participants of sit-in, here on Sunday after returning from public
Published 24 Nov, 2014 12:00am
Partnering under SBSP: meeting of private schools held

Partnering under SBSP: meeting of private schools held

A meeting of private schools, partnering under Subject Based Support Programme (SBSP), in collaboration with the Punjab Education Foundation (PEF) was held at regional office of Multan on Sunday. PEF-Director (CPDP) Bushra Saeed Khan chaired the meeting.
Published 24 Nov, 2014 12:00am
Contesting election: Punjab government welcomes Qadri's decision

Contesting election: Punjab government welcomes Qadri's decision

Punjab government spokesman, Syed Zaeem Hussain Qadri has welcomed PAT chairman Maulana Tahir-ul-Qadri's decision to take part in elections and electoral process. In a statement here on Sunday, the spokesman said PAT chief has asked people to give two thi
Published 24 Nov, 2014 12:00am
'Property of Evacuee Trust to be retrieved from illegal occupants'

'Property of Evacuee Trust to be retrieved from illegal occupants'

Chairman Evacuee Trust Property Board, Siddiqul Farooq has made it clear that property of the Trust illegally occupied in different parts of the country will be retrieved through legal action. Addressing a news conference in Islamabad today, he said the t
Published 24 Nov, 2014 12:00am
Four arrested for supplying spurious medicines

Four arrested for supplying spurious medicines

In the light of orders of Punjab Chief Minister Muhammad Shahbaz Sharif, the City Raiwind Police have arrested Managing Director of Medicina Pharmaceuticals Riasat Ali Bhatti, Production Manager Zohra Sameen, Quality Control Manager Nauman Ahmed and Direc
Published 24 Nov, 2014 12:00am
KP government launches treatment of poor blood cancer patients

KP government launches treatment of poor blood cancer patients

The government of Khyber Pakhtunkhwa has launched the treatment of poor blood Cancer patient, namely (Chronic myeloid leukaemia) project phase-II, under joint public-private partnership with Novartis Pharma Pakistan.
Published 24 Nov, 2014 12:00am
'Enhancing connectivity crucial for Saarc'

'Enhancing connectivity crucial for Saarc'

Enhancing connectivity is crucial to allow a smooth cross-border flow of goods, services, capital and people within the South Asian Association for Regional Co-operation (Saarc) region, a Nepalese official said on Sunday. Shanker Das Bairagi, acting forei
Published 24 Nov, 2014 12:00am
Prime Minister to lead delegation to SAARC summit in Nepal

Prime Minister to lead delegation to SAARC summit in Nepal

Prime Minister Nawaz Sharif will lead a delegation to participate in the two-day SAARC summit scheduled to be held in Kathmandu, Nepal, from November 26 to 27, 2014. The theme of the Summit is "Deeper Integration for Peace and Prosperity".
Published 24 Nov, 2014 12:00am
Pakistan, Turkmenistan to boost bilateral cooperation

Pakistan, Turkmenistan to boost bilateral cooperation

Pakistan and Turkmenistan have agreed to enhance bilateral co-operation in the field of petroleum, trade, infrastructure and industries. Consensus to this effect came during a meeting between Minister of State for Petroleum and Natural Resources Jam Kamal
Published 24 Nov, 2014 12:00am
Jawaznama no more required for business under ATT

Jawaznama no more required for business under ATT

Government of Pakistan has revoked the mandatory condition of submitting Jawaznama, a license issued by Afghan government to its nationals for doing business under Afghan Transit Trade (ATT), it was learnt here on Saturday. According to sources, this faci
Published 24 Nov, 2014 12:00am
WHT recovery proceedings: LHC grants stay order

WHT recovery proceedings: LHC grants stay order

The Lahore High Court (LHC) has granted stay against withholding tax recovery proceedings, initiated by field formations of Federal Board of Revenue (FBR) directly under section 161 of the Income Tax Ordinance- 2001 and Rule 44(4) of the Income Tax Rules-
Published 24 Nov, 2014 12:00am
Pakistan receives $734.5 million under CSF

Pakistan receives $734.5 million under CSF

Pakistan has received $734.5 million on the account of Coalition Support Fund (CSF) from the United States in the current fiscal year, and the Obama administration has requested Congress for authorisation of an additional $1 billion for FY15, according to
Published 24 Nov, 2014 12:00am
Dar meets advisors for Sukuk issuance

Dar meets advisors for Sukuk issuance

Finance Minister, Senator Mohammad Ishaq Dar on Sunday had preliminary meetings with the financial advisors regarding the issuance of Pakistan Islamic Bonds (Sukuk). The minister, who is in the United Arab Emirates (UAE), is scheduled to address investors
Published 24 Nov, 2014 12:00am
Dar meets advisors for Sukuk issuance

Dar meets advisors for Sukuk issuance

Finance Minister, Senator Mohammad Ishaq Dar on Sunday had preliminary meetings with the financial advisors regarding the issuance of Pakistan Islamic Bonds (Sukuk). The minister, who is in the United Arab Emirates (UAE), is scheduled to address investors
Published 24 Nov, 2014 12:00am
Fears of deflation: China ready to cut rates again

Fears of deflation: China ready to cut rates again

China''s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making
Published 24 Nov, 2014 12:00am
Fears of deflation: China ready to cut rates again

Fears of deflation: China ready to cut rates again

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.
Published 24 Nov, 2014 12:00am
Fears of deflation: China ready to cut rates again

Fears of deflation: China ready to cut rates again

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.
Published 24 Nov, 2014 12:00am
OPEC divided on oil output

OPEC divided on oil output

The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output. Ahead of Thursday''s meeting of the Organisation of Petroleum Expo
Published 24 Nov, 2014 12:00am
OPEC divided on oil output

OPEC divided on oil output

The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output. Ahead of Thursday's meeting of the Organisation of Petroleum Expor
Published 24 Nov, 2014 12:00am
OPEC divided on oil output

OPEC divided on oil output

The OPEC oil producers cartel will hold one of its toughest and most significant meetings in recent years as, faced with sliding prices, its members must contemplate whether to cut output. Ahead of Thursday's meeting of the Organisation of Petroleum Expor
Published 24 Nov, 2014 12:00am
Futures spreads up by 196 basis points

Futures spreads up by 196 basis points

The futures spreads rose by 196 basis points to reach 6.14 per cent during the outgoing week ended on November 21, 2014. During the last week, trading activity on the futures counter witnessed an upward trend and average daily volume surged by 31.3 per ce
Published 24 Nov, 2014 12:00am
Futures spreads up by 196 basis points

Futures spreads up by 196 basis points

The futures spreads rose by 196 basis points to reach 6.14 per cent during the outgoing week ended on November 21, 2014. During the last week, trading activity on the futures counter witnessed an upward trend and average daily volume surged by 31.3 per ce
Published 24 Nov, 2014 12:00am
Futures spreads up by 196 basis points

Futures spreads up by 196 basis points

The futures spreads rose by 196 basis points to reach 6.14 per cent during the outgoing week ended on November 21, 2014. During the last week, trading activity on the futures counter witnessed an upward trend and average daily volume surged by 31.3 per ce
Published 24 Nov, 2014 12:00am
Futures spreads up by 196 basis points

Futures spreads up by 196 basis points

The futures spreads rose by 196 basis points to reach 6.14 per cent during the outgoing week ended on November 21, 2014. During the last week, trading activity on the futures counter witnessed an upward trend and average daily volume surged by 31.3 per ce
Published 24 Nov, 2014 12:00am
Positive momentum continues

Positive momentum continues

Karachi Stock Exchange continued to post a positive momentum during the last week ending on November 21, and the benchmark KSE-100 closed at 31,495 points, up by 0.5 per cent. Followed by cut in policy rate by the SBP, during the week the KSE-100 also tou
Published 24 Nov, 2014 12:00am
Positive momentum continues

Positive momentum continues

Karachi Stock Exchange continued to post a positive momentum during the last week ending on November 21, and the benchmark KSE-100 closed at 31,495 points, up by 0.5 per cent. Followed by cut in policy rate by the SBP, during the week the KSE-100 also tou
Published 24 Nov, 2014 12:00am
Positive momentum continues

Positive momentum continues

Karachi Stock Exchange continued to post a positive momentum during the last week ending on November 21, and the benchmark KSE-100 closed at 31,495 points, up by 0.5 per cent. Followed by cut in policy rate by the SBP, during the week the KSE-100 also tou
Published 24 Nov, 2014 12:00am
Suicide blast at volleyball game kills around 50

Suicide blast at volleyball game kills around 50

Around 50 people were killed and 60 others wounded when a suicide blast ripped through crowds gathered to watch a volleyball game in eastern Afghanistan on Sunday, officials said. "The suicide attacker was on a motorcycle, he detonated himself in the midd
Published 24 Nov, 2014 12:00am
Suicide blast at volleyball game kills around 50

Suicide blast at volleyball game kills around 50

Around 50 people were killed and 60 others wounded when a suicide blast ripped through crowds gathered to watch a volleyball game in eastern Afghanistan on Sunday, officials said. "The suicide attacker was on a motorcycle, he detonated himself in the midd
Published 24 Nov, 2014 12:00am
Afghan lower house approves foreign troops staying on

Afghan lower house approves foreign troops staying on

Afghanistan's lower house of parliament on Sunday approved agreements that will allow about 12,500 Nato-led troops to stay on next year as the national army and police struggle to hold back the Taliban. US-led Nato combat operations will finish at the end
Published 24 Nov, 2014 12:00am
Afghan lower house approves foreign troops staying on

Afghan lower house approves foreign troops staying on

Afghanistan's lower house of parliament on Sunday approved agreements that will allow about 12,500 Nato-led troops to stay on next year as the national army and police struggle to hold back the Taliban. US-led Nato combat operations will finish at the end
Published 24 Nov, 2014 12:00am
Chinese ambassador calls on Imran Khan

Chinese ambassador calls on Imran Khan

Chinese Ambassador Sun Weidong met Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan at his Banni Gala residence, here on Sunday. According to media reports, Chinese Ambassador held discussion on overall political situation in the country as well as PTI
Published 24 Nov, 2014 12:00am
Chinese ambassador calls on Imran Khan

Chinese ambassador calls on Imran Khan

Chinese Ambassador Sun Weidong met Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan at his Banni Gala residence, here on Sunday. According to media reports, Chinese Ambassador held discussion on overall political situation in the country as well as PTI
Published 24 Nov, 2014 12:00am
Imran steps up pressure ahead of November 30 rally

Imran steps up pressure ahead of November 30 rally

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has warned Prime Minister Nawaz Sharif and Interior Minister Chaudhry Nisar Ali Khan not to make any attempts to block his protest rally in Islamabad on November 30. Addressing a mammoth gathering in Gujr
Published 24 Nov, 2014 12:00am
Imran steps up pressure ahead of November 30 rally

Imran steps up pressure ahead of November 30 rally

Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has warned Prime Minister Nawaz Sharif and Interior Minister Chaudhry Nisar Ali Khan not to make any attempts to block his protest rally in Islamabad on November 30. Addressing a mammoth gathering in Gujr
Published 24 Nov, 2014 12:00am
Prime Minister's patience wearing thin?

Prime Minister's patience wearing thin?

Prime Minister Nawaz Sharif said on Sunday that it is the responsibility of every government to protect and preserve law and constitution. In a meeting with Punjab Chief Minister Shahbaz Sharif here at Raiwind, the prime minister said law will take its co
Published 24 Nov, 2014 12:00am
Prime Minister's patience wearing thin?

Prime Minister's patience wearing thin?

Prime Minister Nawaz Sharif said on Sunday that it is the responsibility of every government to protect and preserve law and constitution. In a meeting with Punjab Chief Minister Shahbaz Sharif here at Raiwind, the prime minister said law will take its co
Published 24 Nov, 2014 12:00am
THE RUPEE: rates seesaw

THE RUPEE: rates seesaw

Mixed patterns were seen on the money market as the rupee moved both ways against the dollar during the week, ended on November 22, 2014. In the interbank market, the rupee rose by 55 paisa versus the dollar for buying and selling at Rs 102.20 and Rs 102.
Published 24 Nov, 2014 12:00am
THE RUPEE: rates seesaw

THE RUPEE: rates seesaw

Mixed patterns were seen on the money market as the rupee moved both ways against the dollar during the week, ended on November 22, 2014. In the interbank market, the rupee rose by 55 paisa versus the dollar for buying and selling at Rs 102.20 and Rs 102.
Published 24 Nov, 2014 12:00am
Previous Day