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Print - 2014-12-23
THE RUPEE: minor changes

THE RUPEE: minor changes

The rupee moved cautiously against the dollar on the money market on Monday in the process of trading, dealers said. The rupee inched down in terms of the dollar, shedding one-paisa for buying at Rs 100.55 and four-paisa for selling at Rs 100.60, they sai
Published 23 Dec, 2014 12:00am
Increase in forex reserves: Nawaz congratulates finance minister

Increase in forex reserves: Nawaz congratulates finance minister

Prime Minister Muhammad Nawaz Sharif on Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan's foreign exchange reserves that have exceeded US 15 billion dollars. The Finance Minister in a detailed briefing to the Prime
Published 23 Dec, 2014 12:00am
Increase in forex reserves: Nawaz congratulates finance minister

Increase in forex reserves: Nawaz congratulates finance minister

Prime Minister Muhammad Nawaz Sharif on Monday congratulated Finance Minister Ishaq Dar for the successful increase in Pakistan''s foreign exchange reserves that have exceeded US 15 billion dollars. The Finance Minister in a detailed briefing to the Prime
Published 23 Dec, 2014 12:00am
Prime Minister's inspection body: pace of work slows down

Prime Minister's inspection body: pace of work slows down

The activities of Prime Minister's Inspection Commission (PMIC) have considerably slowed down during the tenure of the present government as it has received few assignments from the Prime Minister's Office, it was learnt. Sources in the Inspection Commiss
Published 23 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Prime Minister's inspection body: pace of work slows down

Prime Minister's inspection body: pace of work slows down

The activities of Prime Minister's Inspection Commission (PMIC) have considerably slowed down during the tenure of the present government as it has received few assignments from the Prime Minister's Office, it was learnt. Sources in the Inspection Commiss
Published 23 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Mumbai attacks suspect: appeal delayed against bail order

Mumbai attacks suspect: appeal delayed against bail order

A government prosecutor said on Monday he had been forced to delay his appeal against a court order which grants bail to the alleged mastermind of the 2008 terror attacks in Mumbai. A judge in an Islamabad anti-terror court last week granted bail to Zaki-
Published 23 Dec, 2014 12:00am
Most South East Asia stocks up

Most South East Asia stocks up

Most Southeast Asian stocks rose on Monday as energy shares staged a strong rebound in line with a rise in crude oil prices, with the Malaysian index posting its best gain in more than 19 months and the Thai benchmark closing near a two-week high. Oil ros
Published 23 Dec, 2014 12:00am
South African stocks tad lower

South African stocks tad lower

South African stocks fell on Monday, dragged down by bluechip heavyweight Sasol as the price of crude oil gave up earlier gains and skidded back towards $60 a barrel, while views that some shares might have been overbought also weighed. Sasol took the mos
Published 23 Dec, 2014 12:00am
Monday's afternoon trade: Wall Street edges up; tech lifts Dow

Monday's afternoon trade: Wall Street edges up; tech lifts Dow

US stocks edged higher on Monday, with investors holding off on making big bets after the S&P 500's best week in nearly two months, while the Dow was lifted by gains in large-cap tech shares. Major indexes remained near record levels, but trading was expe
Published 23 Dec, 2014 12:00am
China shares up

China shares up

China stocks closed up on Monday in volatile trade as electrical utilities rose and banks spiked, but gains were capped by news that the stock regulator was investigating a group of small-cap shares. The CSI300 index of the largest listed companies in Sha
Published 23 Dec, 2014 12:00am
Hong Kong shares rise over oil, ruble stabilisation

Hong Kong shares rise over oil, ruble stabilisation

Hong Kong shares produced solid gains on Monday, underpinned by gains in mainland markets plus stability in crude oil prices and the Russian ruble. The H-share index far outperformed the Hang Seng index as Chinese energy conglomerates listed in Hong Kong
Published 23 Dec, 2014 12:00am
Most Gulf markets rise on oil, Saudi budget hopes

Most Gulf markets rise on oil, Saudi budget hopes

Most Gulf equity markets continued rising on Monday but their uptrend slowed, suggesting the benefits of stabilising oil prices and expectations for a large Saudi Arabian state budget had now largely been factored into stocks. The main Saudi index closed
Published 23 Dec, 2014 12:00am
Russia curbs grain exports while battling currency crisis

Russia curbs grain exports while battling currency crisis

Russia announced plans Monday to limit grain exports as it scrambled to avoid a hike in the politically sensitive cost of bread during the holidays, the latest in a series of moves by Moscow to cope with the consequences of its currency crisis.
Published 23 Dec, 2014 12:00am
Spain's 'Fat One' lottery pays out 2.2 billion euros

Spain's 'Fat One' lottery pays out 2.2 billion euros

Spain's Christmas lottery El Gordo, considered the world's richest in prizes, shared out 2.2 billion euros ($2.7 billion) on Monday in a country fighting to recover from years of recession. Holders of tickets with this year's top winning number - the Gord
Published 23 Dec, 2014 12:00am
South Korea trims 2015 growth forecast, vows to spur consumption

South Korea trims 2015 growth forecast, vows to spur consumption

South Korea on Monday trimmed its economic growth forecast for 2015 to 3.8 percent from 4.0 percent as it vowed to continue expansionary policies aimed at spurring domestic consumption. The revised projection comes after the country's central bank this mo
Published 23 Dec, 2014 12:00am
Air China orders 60 Boeing 737s for more than $6 billion

Air China orders 60 Boeing 737s for more than $6 billion

Boeing announced Monday it would sell 60 of its 737 jets to Air China for more than $6 billion in its latest big deal with an air carrier from an emerging economy. The deal will include "next generation" 737 and 737 MAX airplanes, which are known for thei
Published 23 Dec, 2014 12:00am
French villa linked to disgraced Chinese politician on sale

French villa linked to disgraced Chinese politician on sale

A luxurious villa linked to disgraced former Chinese political heavyweight Bo Xilai has gone on sale for nearly seven million euros in France, state media reported Monday. The bougainvillea-clad mansion, situated in one of the most exclusive neighbourhood
Published 23 Dec, 2014 12:00am
France braces for major doctors' strike

France braces for major doctors' strike

France is bracing for a major strike over the Christmas period by overworked doctors, including casualty staff and specialists, unhappy about a new health bill. Emergency room doctors are due to kick off the protest Monday, demanding their work week be re
Published 23 Dec, 2014 12:00am
Brazil's president to shake up Petrobras but keep CEO

Brazil's president to shake up Petrobras but keep CEO

Brazilian President Dilma Rousseff said Monday that she would fire top executives at state-owned oil giant Petrobras but keep the scandal-plagued firm's chief, Graca Foster. Petrobras, Brazil's biggest company, has been embroiled in controversy since Marc
Published 23 Dec, 2014 12:00am
US existing home sales hit six-month low, inventories low

US existing home sales hit six-month low, inventories low

US home resales tumbled to a six-month low in November after two straight months of strong increases, underscoring the uneven nature of the housing market recovery. The National Association of Realtors said on Monday existing home sales dropped 6.1 percen
Published 23 Dec, 2014 12:00am
US fines Alstom record $772 million in bribery case

US fines Alstom record $772 million in bribery case

French industrial giant Alstom will plead guilty and pay a record $772.3 million penalty in a wide-ranging foreign bribery case, the US Justice Department announced Monday. Alstom admitted to bribing officials to win power and transportation projects from
Published 23 Dec, 2014 12:00am
British accounting watchdog probes Tesco accounts

British accounting watchdog probes Tesco accounts

Britain's accounting watchdog on Monday launched a probe into Tesco's accounts after the troubled supermarket giant admitted overstating its profits earlier this year. The Financial Reporting Council (FRC) said in a brief statement that it will investigat
Published 23 Dec, 2014 12:00am
Construction to begin on controversial Nicaragua canal

Construction to begin on controversial Nicaragua canal

A Chinese company breaks ground Monday on a $50 billion canal across Nicaragua, an ambitious rival to the Panama Canal that critics condemn as a pipe dream and protesters say will wreck the environment. President Daniel Ortega and the Chinese telecoms mag
Published 23 Dec, 2014 12:00am
Sainsbury's sees no respite in tough market for 18-24 months

Sainsbury's sees no respite in tough market for 18-24 months

The chief executive of Sainsbury's said on Sunday it would take another 18 months to two years before "extremely challenging" conditions in the grocery market improved. "First, as of today, there's no sign the grocery market is going to return to volume g
Published 23 Dec, 2014 12:00am
IKEA resumes sales of kitchen appliances in Russia

IKEA resumes sales of kitchen appliances in Russia

IKEA, the world's biggest furniture retailer, said on Saturday it had resumed selling kitchen furniture and appliances in Russia after suspending sales on Thursday as it was not able to meet increased demand. Consumers in Russia have rushed to buy goods,
Published 23 Dec, 2014 12:00am
Opel CEO warns 2016 profit target 'by far not secured'

Opel CEO warns 2016 profit target 'by far not secured'

Opel's chief executive warned senior managers at the European arm of General Motors that they needed to step up their game to reach a target of returning to profit by 2016, according to German daily paper Bild. "We see strong headwinds for 2015," the pape
Published 23 Dec, 2014 12:00am
Opel CEO warns 2016 profit target 'by far not secured'

Opel CEO warns 2016 profit target 'by far not secured'

Opel's chief executive warned senior managers at the European arm of General Motors that they needed to step up their game to reach a target of returning to profit by 2016, according to German daily paper Bild. "We see strong headwinds for 2015," the pape
Published 23 Dec, 2014 12:00am
Myanmar firm picks Puma Energy as jet fuel distribution partner

Myanmar firm picks Puma Energy as jet fuel distribution partner

Myanmar's state-owned Myanma Petroleum Products Enterprise (MPPE) has chosen Puma Energy Group from a shortlist of four firms as its partner to distribute jet fuel, as demand rises from new airports and a boom in tourist arrivals. MPPE is the sole distrib
Published 23 Dec, 2014 12:00am
Thales to name Proglio, Caine as chairman and CEO

Thales to name Proglio, Caine as chairman and CEO

French defence electronics maker Thales is set to name former EDF boss Henri Proglio as non-executive chairman and its own second-in-command Patrice Caine as chief executive, two sources close to the matter told Reuters on Sunday. The appointments should
Published 23 Dec, 2014 12:00am
Brazil loan default ratio drops

Brazil loan default ratio drops

Brazil's loan default ratio fell in November from the previous month while outstanding loans rose, the central bank said on Monday. Loans in arrears for 90 days or more, the benchmark gauge for delinquencies in the nation's banking system, rose to 4.9 per
Published 23 Dec, 2014 12:00am
Budget pressure unlikely to deflect Iran from nuclear goals

Budget pressure unlikely to deflect Iran from nuclear goals

big oil price slide will hurt Iran's attempts to rescue battered living standards, but economic pain is unlikely to soften its stance in nuclear talks or end aid to allies such as Syria, matters seen by its ruling clerics as strategic priorities. Economic
Published 23 Dec, 2014 12:00am
Bahrain energy projects not affected by oil slide

Bahrain energy projects not affected by oil slide

Falling oil prices will not affect the development of oil and gas infrastructure in Bahrain, including an import terminal for natural gas and expansion of a major pipeline and refinery, the country's energy minister said on Sunday. Global oil prices have
Published 23 Dec, 2014 12:00am
Southwest's oil swap trade waiver raises CFTC questions

Southwest's oil swap trade waiver raises CFTC questions

Last month's move by the US commodities regulator to let Southwest Airlines Co keep its multibillion-dollar oil trades secret for 15 days offered the world's biggest low-cost carrier a break it has been seeking for three years. However, the decision to gr
Published 23 Dec, 2014 12:00am
Deutsche Telekom eyes sale of online assets to Axel Springer

Deutsche Telekom eyes sale of online assets to Axel Springer

Deutsche Telekom is in talks to sell its Internet portal T-Online and online marketer Interactive Media to publisher Axel Springer , German media reported at the weekend. Talks to sell T-Online are at an early stage, and Deutsche Telekom has not yet decid
Published 23 Dec, 2014 12:00am
Flipkart raises $700 million in fresh funding

Flipkart raises $700 million in fresh funding

Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country. Flipkart, founded in 2007 by two former Amazon employees, has
Published 23 Dec, 2014 12:00am
China approves imports of contentious biotech corn

China approves imports of contentious biotech corn

China has officially approved imports of a genetically modified corn seed at the centre of a string of lawsuits over US grain shipments, seed firm Syngenta AG said on Monday, ending uncertainty after a five-year review. Syngenta's Agrisure Viptera corn st
Published 23 Dec, 2014 12:00am
US wheat prices rise after news Russia working on export duty

US wheat prices rise after news Russia working on export duty

US wheat prices rebounded on Monday after sharp losses in the previous session and reports that Russia, one of the world's key wheat exporters, plans to impose a temporary duty on grain exports. Corn was little changed, hovering near last week's highest l
Published 23 Dec, 2014 12:00am
HRW wheat bids fall

HRW wheat bids fall

Cash spot basis bids for hard red winter wheat fell in Kansas on Monday but rose in parts of Oklahoma, dealers said. Kansas dealers said bids on railroads were weak as shippers avoided using trains during the Christmas week due to heavy congestion. In Okl
Published 23 Dec, 2014 12:00am
Asian gasoil crack falls

Asian gasoil crack falls

The Asian gasoil crack fell 5.3 percent to $15.07 a barrel, pressured by recovering raw material crude prices, but Asian gasoil differentials were seen as stable due to some supplies having been soaked up. China exported 226,243 of diesel in November, dow
Published 23 Dec, 2014 12:00am
Karachi Port's activities

Karachi Port's activities

The Karachi Port handled 157,012 tonnes of cargo comprising 121,460 tonnes of import cargo and 35,552 tonnes of export cargo including 5,175 loaded and empty containers during the last 24 hours ending at 0700 hours on Monday. The total import cargo of 121
Published 23 Dec, 2014 12:00am
China's November Iran crude oil imports down

China's November Iran crude oil imports down

China's crude oil imports from Iran fell 2.6 percent in November from a year ago but were up more than half from October, customs data showed on Monday. November imports hit 2.13 million tonnes, or 517,560 barrels per day (bpd), up 53 percent from 338,635
Published 23 Dec, 2014 12:00am
Daily trading report of PMEX

Daily trading report of PMEX

On Friday at Pakistan Mercantile Exchange (PMEX) value traded was PKR 1.973 billion and the number of lots traded was 21,493. PMEX Commodity Index closed at 2,626. Major business was contributed by crude oil amounting to PKR 1.336 billion followed by gold
Published 23 Dec, 2014 12:00am
Lean business on grain market

Lean business on grain market

Some deals finalised on the wholesale grain market on Monday in the process of trading, dealers said. On the cereals side, Makai low variety was unchanged at Rs 2375 while the best type gained Rs 50 to Rs 2450, Urad Burma, however, lost Rs 275 to Rs 10250
Published 23 Dec, 2014 12:00am
Russia to impose grain export duty as it restricts exports

Russia to impose grain export duty as it restricts exports

Russia, one of the world's top wheat exporters, plans to impose a duty on grain exports, officials said on Monday, a move that follows informal curbs through quality controls last week as the government races to guarantee its domestic needs. Russia has a
Published 23 Dec, 2014 12:00am
Asian naphtha down further on oversupply

Asian naphtha down further on oversupply

The Asian naphtha was persistently weak, battered by supplies that were not expected to ease in the short-term as gas had displaced a portion of naphtha used by petrochemical units in the West. The front-month naphtha price for first-half February was $5.
Published 23 Dec, 2014 12:00am
Cotton market: Exporters show little interest amid slow arrivals

Cotton market: Exporters show little interest amid slow arrivals

Exporters showed little interest in fresh buying on the cotton market on Monday in the process of slow arrivals of seed cotton, dealers said. The official spot rate was unchanged at Rs 4,750, they added. In the ready session, around 13,000 bales of cotton
Published 23 Dec, 2014 12:00am
Oil cake market rates

Oil cake market rates

Futures continued fall on the forward cottonseed oilcake market on Monday in the process of trading, dealers said. The December contract closed at Rs 1598.70 on Saturday and it fell sharply by Rs 2.00 at Rs 1596.70 in the morning session, they said. The J
Published 23 Dec, 2014 12:00am
Thai government approves sale of 247,000 tonnes of rice

Thai government approves sale of 247,000 tonnes of rice

Thailand's military government approved the sale of 247,000 tonnes of rice in an open tender on Monday, part of its continued effort to offload rice from huge stockpiles accumulated under the previous regime. The sale was the fourth by the current governm
Published 23 Dec, 2014 12:00am
Indian oilseeds, soyaoil rise; sugar steady

Indian oilseeds, soyaoil rise; sugar steady

Indian oilseeds and soyaoil futures rose on Monday, following gains in the overseas market and on thin soyabean supplies in local spot markets. Buying was also supported by expectation that India's rapeseed output would fall in 2015. Malaysian palm oil fu
Published 23 Dec, 2014 12:00am
Ivory Coast cocoa helped by rain, mild Harmattan wind

Ivory Coast cocoa helped by rain, mild Harmattan wind

Unusually heavy rain and a mild Harmattan dry wind last week in Ivory Coast's main cocoa regions brightened the outlook for the last stage of the main crop, but the dry season elsewhere could tighten supply, farmers and analysts said on Monday. Ivory Coas
Published 23 Dec, 2014 12:00am
Message from Ambassador of Japan

Message from Ambassador of Japan

I would like to extend my sincere appreciation and gratitude to the leadership and the people of Pakistan for their messages of felicitations and celebrations on the auspicious occasion of the eighty-first birthday of the Emperor of Japan. His Majesty Emp
Published 23 Dec, 2014 12:00am
Message from Ambassador of Pakistan to Japan

Message from Ambassador of Pakistan to Japan

On the auspicious occasion of His Majesty the Emperor's Birthday and the National Day of Japan, I wish to express my sincere greetings to the Imperial family and the people of Japan. Under His Majesty's able guidance, Japan remains a world leader in innov
Published 23 Dec, 2014 12:00am
Message from Consul-General of Japan in Karachi

Message from Consul-General of Japan in Karachi

I am very pleased to contribute my message to this column to celebrate His Majesty the Emperor Akihito's 81st Birthday. On the 23rd of December 2014, His Majesty will be 81 years old. The Imperial House of Japan is one of the oldest monarchies in the worl
Published 23 Dec, 2014 12:00am
Message from Chairman PJBF

Message from Chairman PJBF

It gives me great pleasure to felicitate His Majesty, the Emperor Akihito on his 81th birthday and also the wonderful people of Japan whose reverence and affection for the Monarch and the tradition of monarchy, for thousands of years has never been equall
Published 23 Dec, 2014 12:00am
Pakistan-Japan economic ties

Pakistan-Japan economic ties

Japan is a major trading partner as well as a donor to Pakistan. Japan has been a member of the Aid to Pakistan Consortium since 1961 and has been regularly assisting Pakistan with its development programs by providing financial support. Positioned as the
Published 23 Dec, 2014 12:00am
Japanese investment in Pakistan
Libor

Japanese investment in Pakistan

Japan has remained a cornerstone of Pakistan's economy for the past many years. Japanese Companies have invested in all sectors across Pakistan. Be it auto, trading, manufacturing, infrastructure development, packaging, steel manufacturing, indenting, etc
Published 23 Dec, 2014 12:00am
Pakistan-Japan relations - Geological and geographical overview

Pakistan-Japan relations - Geological and geographical overview

About Japan: The islands of Japan are primarily the result of several large oceanic movements occurring over hundreds of millions of years from the mid-Silurian to the Pleistocene as a result of the subduction of the Philippline Sea Plate beneath the cont
Published 23 Dec, 2014 12:00am
International Learning Center (Pvt) Limited

International Learning Center (Pvt) Limited

International Learning Center is a Private Limited firm which was incorporated on October 16, 2000 under the management of Director Nadeem Inam ul Huq. ILC signed a contract with Berlitz Inc. BERLITZ has exclusive rights of franchisee for Pakistan and pla
Published 23 Dec, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 23 Dec, 2014 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 23 Dec, 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 23 Dec, 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 23 Dec, 2014 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Bill buying rates per unit of currency

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (December 22, 2014).
Published 23 Dec, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (December 22, 2014).

Published 23 Dec, 2014 12:00am
World currencies and euro

World currencies and euro

Value of the euro in terms of other world currencies as prevailing in the week ended Monday (December 22, 2014).
Published 23 Dec, 2014 12:00am
Atif Bokhari to join NIB Bank as President

Atif Bokhari to join NIB Bank as President

Renowned banker Atif R Bokhari will join NIB Bank as President next month. Bokhari will replace Badar Kazmi as his contract expires on January 6, 2015 and the Board of Directors of NIB Bank, in its meeting held on December 17, 2014, accepted his (Kazmi) r
Published 23 Dec, 2014 12:00am
LSE index up 78.38 points

LSE index up 78.38 points

Equities registered gains on the Lahore Stock Exchange (LSE) amid descending transaction volume on Monday. The LSE-25 index gained 78.38 points to close at 5874.57 against 5796.19 of Friday, while transaction volume was declined to 968,070 shares compared
Published 23 Dec, 2014 12:00am
Nation stands united against terrorism: Siraj

Nation stands united against terrorism: Siraj

Ameer Jamaat-i-Islami Sirajul Haq has said that the entire nation stood united against terrorism and now it was the test of the rulers to achieve the goal of eradicating terrorism. According to a JI press release, Haq was talking to media men after a meet
Published 23 Dec, 2014 12:00am
Tevta introducing 14 duration free demand-driven courses

Tevta introducing 14 duration free demand-driven courses

Technical And Vocational Training Authority (Tevta) is introducing three and six months' duration free demand driven courses from January 15, 2015. These 14 courses are being started at selected 159 Tevta Institutes across the province of the Punjab with
Published 23 Dec, 2014 12:00am
IMF says drop in oil prices to persist, help global growth

IMF says drop in oil prices to persist, help global growth

The recent drop in oil prices should persist, helping to boost global economic activity by up to 0.7 percentage points next year, two senior IMF economists wrote in a blog on Monday. Brent prices have fallen more than 46 percent since the year's peak in J
Published 23 Dec, 2014 12:00am
Electricity being provided to farmers at subsidised rate: minister

Electricity being provided to farmers at subsidised rate: minister

Provincial Agriculture Minister Dr Farrukh Javed has said the government was providing electricity to the farmers at a flat rate of Rs 10.35 per unit to facilitate them. Presiding over a joint meeting of Kisan Ithad organisations, Wapda officials and chie
Published 23 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 23 Dec, 2014 12:00am
Upgradation of schools: Punjab government releases Rs 1.80 billion funds

Upgradation of schools: Punjab government releases Rs 1.80 billion funds

The Punjab government has released funds amounting to Rs 1.80 billion to district governments for up-gradation of government schools in the province, Provincial Minister for Education Rana Mashhood Ahmed Khan said here on Monday. He said District Co-ordin
Published 23 Dec, 2014 12:00am