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Print - 2014-12-24
Rs 600 million sanctioned for improving infrastructure in Hyderabad: DC

Rs 600 million sanctioned for improving infrastructure in Hyderabad: DC

Hyderabad Deputy Commissioner Fayaz Ali Jatoi, Administrator HMC Khalid Mahmood and SSP Irfan Ali Baloch have assured the business community and citizens of continuing resolving all their issues. They were addressing businessmen, merchants, traders and in
Published 24 Dec, 2014 12:00am
Traders urge government to widen anti-terrorism drive to Karachi

Traders urge government to widen anti-terrorism drive to Karachi

Small traders on Tuesday urged the government to widen the anti-terrorism drive across the country with a focus on Karachi to continuing stem violence and restore peace in the provincial metropolis. "We are very happy with the government's move to clampdo
Published 24 Dec, 2014 12:00am
Fifty-six alleged criminals held

Fifty-six alleged criminals held

The City police on Tuesday claimed to have arrested around 56 alleged criminals in different targeted raids and encounters conducted at various parts of the provincial metropolis during last 24 hours. Police said in 83 raids and four encounters carried ou
Published 24 Dec, 2014 12:00am
IEP organises seventh International Engineering Convention

IEP organises seventh International Engineering Convention

The 7th International Engineering Convention organised by Institution of Engineers Pakistan was held here at local hotel on Tuesday. Former federal minister engineer Mian Shamim Ahmad was the chief guest. President IEP Syed Jamshed Rizvi and General Secre
Published 24 Dec, 2014 12:00am
Current gas crisis is temporary: MD SNGPL

Current gas crisis is temporary: MD SNGPL

The representatives of Afghanistan, Iran, India and Pakistan are assembling in Pakistan to deliberate on TAPI gas pipe line project in February 2015, said Managing Director Sui Northern Gas Pipe Lines Limited (SNGPL) Arif Hamid on Tuesday while giving bri
Published 24 Dec, 2014 12:00am
Punjab Assembly passes resolution against child marriage

Punjab Assembly passes resolution against child marriage

Punjab Assembly in its 11th session here on Tuesday unanimously passed a resolution asking for legislation curbing child marriage. The resolution moved by MPA Uzma Bokhari was debated in house prior to its passing. MPA Bokhari stated that early child marr
Published 24 Dec, 2014 12:00am
LHC dismisses bail applications of ten PAT activists

LHC dismisses bail applications of ten PAT activists

The Lahore High Court (LHC) here on Tuesday dismissed bail applications of 10 activists of Pakistan Awami Tehrik (PAT) in FIR registered against them on charges of terrorism and killing a policeman. The counsel for the accused submitted that the governmen
Published 24 Dec, 2014 12:00am
Facilitating taxes' collection: banks to remain open late on December 31

Facilitating taxes' collection: banks to remain open late on December 31

State Bank of Pakistan asked banks to open branches concerned on December 31 till such time that is necessary to facilitate special clearing only for FBR collections. According to the SBP circular issued on Tuesday in terms of Federal Board of Revenue req
Published 24 Dec, 2014 12:00am
WWF-P meeting aims to shed light on Lahore water pollution

WWF-P meeting aims to shed light on Lahore water pollution

World Wide Fund for Nature (WWF-P) hosted its second "Environmental Journalists Quarterly Meeting" here on Tuesday, which aimed to shed light on the water pollution of Lahore. WWF-P Senior Director Dr Ejaz Ahmed welcomed the participants and gave an overv
Published 24 Dec, 2014 12:00am
PYMA for proactive economic plan

PYMA for proactive economic plan

Pakistan Yarn Merchants Association (PYMA) has urged the government to take initiative by announcing pro-active economic plan to steer the Country out of current gloom and uncertainty by bolstering trade and Industrial activities to promote and strengthen
Published 24 Dec, 2014 12:00am
JI for setting up of JC to meet PTI's demand

JI for setting up of JC to meet PTI's demand

Jamaat-i-Islami chief Sirajul Haq has said that they want the issues should be resolved without creating chaos in the country and the government should immediately constitute a judicial commission (JC) to meet the demand of the PTI. He pointed out that so
Published 24 Dec, 2014 12:00am
Christmas cake cutting ceremony held at LDA office

Christmas cake cutting ceremony held at LDA office

A Christmas cake cutting ceremony was held at Lahore Development Authority (LDA) office to congratulate Christmas to the Christen employees of LDA. According to a LDA's spokesperson here on Tuesday, LDA Additional Director General (HQ) Amina Munir, Direct
Published 24 Dec, 2014 12:00am
L&DDD launches pilot project to ensure 100 percent vaccination

L&DDD launches pilot project to ensure 100 percent vaccination

The Punjab Livestock and Dairy Development Department (L&DDD) has decided to launch a pilot project for ensuring 100 percent vaccination of cows, buffaloes, sheep, goat and poultry in the province besides bringing down prices of 17 types of vaccination fr
Published 24 Dec, 2014 12:00am
LHC dismisses appeal against death penalty

LHC dismisses appeal against death penalty

A division bench of the Lahore High Court here on Tuesday dismissed an appeal of Mumtaz challenging his death penalty. The convict Mumtaz through his counsel pleaded that the trial court of Sargodha awarded him death sentence on charges of killing Muhamma
Published 24 Dec, 2014 12:00am
Female prisoners repatriation from UAE: SHC summons Ministry official

Female prisoners repatriation from UAE: SHC summons Ministry official

The Sindh High Court (SHC) on Tuesday summoned the Ministry of Foreign Affairs' section officer along with the details of efforts made by it to repatriate Pakistani female prisoners languishing in the United Arab Emirates penitentiaries. A division bench
Published 24 Dec, 2014 12:00am
Three more children die in Thar

Three more children die in Thar

Three more children died of malnutrition here on Tuesday taking the death toll in Thar to 234. Hunger continued to claim lives in Thar as children continue to suffer from shortage of food and water in Mitthi and Diplo while the relief activities in the ar
Published 24 Dec, 2014 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
July-November current account deficit reaches $2.34 billion

July-November current account deficit reaches $2.34 billion

The country''s current account balance posted a $2.34 billion deficit, up 9 percent, in first five months of this fiscal year (FY15) mainly due to rising import bill. Although, Pakistan has successfully managed to avert a Balance of Payment (BoP) problem
Published 24 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 Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
Circular debt arrears constitute two percent of GDP

Circular debt arrears constitute two percent of GDP

Circular debt arrears are 2 percent of GDP and threaten the functioning of the power sector, so states the fourth and fifth International Monetary Fund (IMF) staff review under the Extended Fund Facility uploaded on its website early Tuesday morning. The
Published 24 Dec, 2014 12:00am
Circular debt arrears constitute two percent of GDP

Circular debt arrears constitute two percent of GDP

Circular debt arrears are 2 percent of GDP and threaten the functioning of the power sector, so states the fourth and fifth International Monetary Fund (IMF) staff review under the Extended Fund Facility uploaded on its website early Tuesday morning. The
Published 24 Dec, 2014 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (December 23, 2014).
Published 24 Dec, 2014 12:00am
Circular debt arrears constitute two percent of GDP

Circular debt arrears constitute two percent of GDP

Circular debt arrears are 2 percent of GDP and threaten the functioning of the power sector, so states the fourth and fifth International Monetary Fund (IMF) staff review under the Extended Fund Facility uploaded on its website early Tuesday morning. The
Published 24 Dec, 2014 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, were
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, were
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments'' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, were
Published 24 Dec, 2014 12:00am
Ministry yet to upload LoI

Ministry yet to upload LoI

Finance Ministry is yet to upload on its website a Letter of Intent (LoI) submitted to the International Monetary Fund (IMF) for securing fourth and fifth instalments'''' US $1.05 billion under Extended Fund Facility (EFF). The LoI and report, however, we
Published 24 Dec, 2014 12:00am
Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec won't cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
Opec won''t cut output even at $20 a barrel: Saudi Arabia

Opec won''t cut output even at $20 a barrel: Saudi Arabia

Opec will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output if non-members do not, Saudi Arabia said. "Whether it goes down to $20 a barrel, $40, $50, $60, it is irrelevant," the kingdom'
Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
KSE gains a foothold

KSE gains a foothold

Stocks maintained an upward trend on the second trading day in row Tuesday and the benchmark KSE-100 index gained another 259 points to close at 31,750 points compared to 31,491 points Monday. Fahad Hussain Khan, an analyst at Adam Securities, said stocks
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
BRIndex30 gains 245.11 points

BRIndex30 gains 245.11 points

On Tuesday, BRIndex30 opened at 17,306.48 points and remained positive throughout the trading session. It touched an intraday high of 17,557.37 points and an intraday low of 17,335.76 points and closed at 17,551.59 points which was 245.11 points or 1.42 p
Published 24 Dec, 2014 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am
BRIndex30 gains 245.11 points

BRIndex30 gains 245.11 points

On Tuesday, BRIndex30 opened at 17,306.48 points and remained positive throughout the trading session. It touched an intraday high of 17,557.37 points and an intraday low of 17,335.76 points and closed at 17,551.59 points which was 245.11 points or 1.42 p
Published 24 Dec, 2014 12:00am
Treason trial: special court restrained

Treason trial: special court restrained

Islamabad High Court (IHC) on Tuesday stayed the verdict issued by a special court on November 21 and restrained the court from hearing treason case against former president General Pervez Musharraf (Retd). The special court in its verdict directed the go
Published 24 Dec, 2014 12:00am
Treason trial: special court restrained

Treason trial: special court restrained

Islamabad High Court (IHC) on Tuesday stayed the verdict issued by a special court on November 21 and restrained the court from hearing treason case against former president General Pervez Musharraf (Retd). The special court in its verdict directed the go
Published 24 Dec, 2014 12:00am
Generals of three armies give birth to a new hope

Generals of three armies give birth to a new hope

Pakistan, Afghanistan and ISAF (International Security Assistance Force) have agreed to eliminate the outlawed Tehreek-e-Taliban Pakistan (TTP) through co-ordinated military actions in their respective areas of control in the wake of the Peshawar massacre
Published 24 Dec, 2014 12:00am
Generals of three armies give birth to a new hope

Generals of three armies give birth to a new hope

Pakistan, Afghanistan and ISAF (International Security Assistance Force) have agreed to eliminate the outlawed Tehreek-e-Taliban Pakistan (TTP) through co-ordinated military actions in their respective areas of control in the wake of the Peshawar massacre
Published 24 Dec, 2014 12:00am
Parliamentarians bicker over military courts, madrasa reforms

Parliamentarians bicker over military courts, madrasa reforms

A special parliamentary committee formed to chalk out a comprehensive 'National Action Plan' to counter terrorism Tuesday expressed complete consensus over most of the recommendations presented by joint experts group. But there was no general agreement ov
Published 24 Dec, 2014 12:00am
Parliamentarians bicker over military courts, madrasa reforms

Parliamentarians bicker over military courts, madrasa reforms

A special parliamentary committee formed to chalk out a comprehensive 'National Action Plan' to counter terrorism Tuesday expressed complete consensus over most of the recommendations presented by joint experts group. But there was no general agreement ov
Published 24 Dec, 2014 12:00am
Agencies searching for ex-cellular company employee

Agencies searching for ex-cellular company employee

The law-enforcement agencies are searching for a former employee of a cellular company who had issued five SIMs [Subscriber Identity Modules] on a woman's name from southern Punjab and those SIMs were used by terrorists in the Peshawar school attack. This
Published 24 Dec, 2014 12:00am
Agencies searching for ex-cellular company employee

Agencies searching for ex-cellular company employee

The law-enforcement agencies are searching for a former employee of a cellular company who had issued five SIMs [Subscriber Identity Modules] on a woman's name from southern Punjab and those SIMs were used by terrorists in the Peshawar school attack. This
Published 24 Dec, 2014 12:00am
Action plan to be finalised at APC today

Action plan to be finalised at APC today

Prime Minister Nawaz Sharif has convened an All-Party Conference (APC) of political parties in the Parliament today (Wednesday) to finalise his government's anti-terror plan for eradication of extremism/ terrorism from the country. On Tuesday, a high-leve
Published 24 Dec, 2014 12:00am
Action plan to be finalised at APC today

Action plan to be finalised at APC today

Prime Minister Nawaz Sharif has convened an All-Party Conference (APC) of political parties in the Parliament today (Wednesday) to finalise his government's anti-terror plan for eradication of extremism/ terrorism from the country. On Tuesday, a high-leve
Published 24 Dec, 2014 12:00am
LSE index up by 116.7 points

LSE index up by 116.7 points

Bulls returned to the driving seat at the Lahore Stock Exchange (LSE) on Tuesday where gainers outclassed losers amid ascending transaction volume. The LSE-25 index moved up to 6003.27 points against 5886.57 points of Monday, showing an increment of 116.7
Published 24 Dec, 2014 12:00am
LSE index up by 116.7 points

LSE index up by 116.7 points

Bulls returned to the driving seat at the Lahore Stock Exchange (LSE) on Tuesday where gainers outclassed losers amid ascending transaction volume. The LSE-25 index moved up to 6003.27 points against 5886.57 points of Monday, showing an increment of 116.7
Published 24 Dec, 2014 12:00am
North Korea's Internet down again: US experts

North Korea's Internet down again: US experts

North Korea's connections to the Internet were cut for the second day running Tuesday, according to a US Internet research group that has been tracking the country's struggle to stay online. Dyn Research said North Korea's four online networks, all suppli
Published 24 Dec, 2014 12:00am
North Korea's Internet down again: US experts

North Korea's Internet down again: US experts

North Korea's connections to the Internet were cut for the second day running Tuesday, according to a US Internet research group that has been tracking the country's struggle to stay online. Dyn Research said North Korea's four online networks, all suppli
Published 24 Dec, 2014 12:00am
ISE index improves by 38.71 points

ISE index improves by 38.71 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 38.71 points as the ISE Te
Published 24 Dec, 2014 12:00am
ISE index improves by 38.71 points

ISE index improves by 38.71 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities continued to move in upward direction with positive trend at the ISE amid increase in index. ISE Ten Index showed an improvement of 38.71 points as the ISE Te
Published 24 Dec, 2014 12:00am
Outraging Russia, Ukraine takes big step toward Nato

Outraging Russia, Ukraine takes big step toward Nato

Ukraine took a historic step toward Nato on Tuesday in a parliamentary vote that stoked Russia's anger ahead of talks on ending the ex-Soviet state's separatist war. Lawmakers in the government-controlled chamber overwhelmingly adopted a bill dropping Ukr
Published 24 Dec, 2014 12:00am
Outraging Russia, Ukraine takes big step toward Nato

Outraging Russia, Ukraine takes big step toward Nato

Ukraine took a historic step toward Nato on Tuesday in a parliamentary vote that stoked Russia's anger ahead of talks on ending the ex-Soviet state's separatist war. Lawmakers in the government-controlled chamber overwhelmingly adopted a bill dropping Ukr
Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 24 Dec, 2014 12:00am
Vadiyya Khalil new chairperson of CCP

Vadiyya Khalil new chairperson of CCP

The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khali
Published 24 Dec, 2014 12:00am
IFC injects Rs 6.6 billion equity into Bank Alfalah

IFC injects Rs 6.6 billion equity into Bank Alfalah

The International Finance Corporation (IFC) has made an equity investment of Rs 6.66 billion in Bank Alfalah Limited. Earlier this year, the IFC, a member of the World Bank Group, evinced interest in investing in Bank Alfalah Limited (BAFL) and in May 201
Published 24 Dec, 2014 12:00am
TCKP-USAID finalise tourism policy

TCKP-USAID finalise tourism policy

The Tourism Corporation Khyber Pakhtunkhwa (TCKP) in collaboration with the United States Agency for Development (USAID) has finalised tourism policy for the province, which will be made public in January 2015. To this effect, an important meeting was hel
Published 24 Dec, 2014 12:00am
Time for decisive action

Time for decisive action

Peshawar schoolchildren's massacre has galvanised an intense countrywide reaction, putting the Taliban sympathisers on an ignominious retreat. Both the civil and military leaderships have been engaged in action-oriented consultations with the stakeholders
Published 24 Dec, 2014 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (December 23, 2014).

Published 24 Dec, 2014 12:00am