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Print - 2015-01-03
Islamabad police to introduce smart phone-based emergency alert system

Islamabad police to introduce smart phone-based emergency alert system

Islamabad police is all set to introduce smart phone based emergency alert system as a part of efforts to ensure effective security of schools as well as hospitals situated in Islamabad Capital Territory. The access to this smart phone based system will b
Published 03 Jan, 2015 12:00am
Couple held with heroin

Couple held with heroin

The Anti Narcotics Force (ANF) has foiled an attempt to smuggle 3.5 kg of heroin to Saudi Arabia and arrested a couple of Sargodha at Multan airport. He was identified as Muhammad Aslam Raza, 60, and his wife Nasreen Akhtar, 55, belonged to Sargodha.
Published 03 Jan, 2015 12:00am
US grants patent to GCU's Nano-Leucite Fertilizer

US grants patent to GCU's Nano-Leucite Fertilizer

Group of young scientists from Government College University (GCU), Lahore secured first international achievement of 2015 here on Friday as the United States Patent and Trademark Office granted a patent to the university's Nano-Leucite Fertilizer that pr
Published 03 Jan, 2015 12:00am
Give sugarcane growers a fair deal, Punjab Assembly asks government

Give sugarcane growers a fair deal, Punjab Assembly asks government

Members of Punjab Assembly in 11th session of discussion on sugarcane here on Friday have urged the government to make sure that sugarcane growers receive Rs 180 per maund price fixed by it. Legislators in the discussion stated that farmers were not getti
Published 03 Jan, 2015 12:00am
Diploma, degree courses: PGMI selects 310 doctors for admission

Diploma, degree courses: PGMI selects 310 doctors for admission

Principal of Post Graduate Medical Institute (PGMI) Professor Anjum Habib Vohra has said that 310 doctors have been selected for admission in academic session 2015 for specialised medical diploma and degree courses at PGMI. Professor Vohra said that PGMI
Published 03 Jan, 2015 12:00am
LCCI greets FPCCI's new leadership

LCCI greets FPCCI's new leadership

The Lahore Chamber of Commerce and Industry (LCCI) has congratulated the newly elected President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Mian Muhammad Idrees. LCCI President Ijaz A Mumtaz in a statement on Friday expressed
Published 03 Jan, 2015 12:00am
Nespak begins focusing on overseas operations: various MoUs signed

Nespak begins focusing on overseas operations: various MoUs signed

National Engineering Services Pakistan (Nespak) Private Limited according to its new policy has started focusing on enhancing its overseas operations especially in Dubai and Kingdom of Saudi Arabia. Recently, various MoUs have been signed with Dubai based
Published 03 Jan, 2015 12:00am
WAPDA completes various water, power projects in 2014

WAPDA completes various water, power projects in 2014

As part of efforts to develop indigenous water and hydropower resources in the country, the Pakistan Water and Power Development Authority (WAPDA) has completed a number of projects in water and power sectors besides initiating work on new projects in Cal
Published 03 Jan, 2015 12:00am
Paapam terms auto policy unfair

Paapam terms auto policy unfair

Pakistan Association of Auto Parts and Accessories Manufacturers (Paapam) while expressing its concern over the Auto policy termed it as unfair. Paapam Chairman M Siddique Misri in a statement on Friday said he has written letter to Prime Minister Nawaz S
Published 03 Jan, 2015 12:00am
Supreme Court seeks report from Wasa on Lahore drainage system

Supreme Court seeks report from Wasa on Lahore drainage system

Supreme Court of Pakistan here on Friday sought report from Wasa about improvement of the drainage system of Lahore. The court was holding suo motu proceedings about discharge of rainy water from courts' premises and other areas of provincial capital. The
Published 03 Jan, 2015 12:00am
Biography of Abida Hussain 'Power Failure' launched

Biography of Abida Hussain 'Power Failure' launched

Political biography of Syeda Abida Hussain, "Power Failure" Political Odyssey of a Pakistan woman, published by Oxford University Press was launched here on Friday. Syeda Abida Hussain is a renowned politician, horse and cattle breeder, agriculturist, dip
Published 03 Jan, 2015 12:00am
IESCO notice

IESCO notice

According to IESCO spokesman, due to electricity maintenance/development work power supply of the following feeders would remain suspended as under:
Published 03 Jan, 2015 12:00am
Provision of drinking water: Shahbaz says there's comprehensive plan

Provision of drinking water: Shahbaz says there's comprehensive plan

Punjab Chief Minister Muhammad Shahbaz Sharif has said that potable water is the right of every citizen and the Punjab government has made a comprehensive planning for the provision of drinking water to the masses. He expressed these views while presiding
Published 03 Jan, 2015 12:00am
Urban police stations: IGP orders posting of additional SHOs

Urban police stations: IGP orders posting of additional SHOs

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has directed police high ups to post an additional SHO security in all urban police stations of the province. He issued these directives while chairing a high level meeting of Reg
Published 03 Jan, 2015 12:00am
12 Afghans held in Southern Punjab

12 Afghans held in Southern Punjab

Police have launched a crackdown on the Afghan nationals and unauthorised immigrants in South Punjab. Rahim Yar Khan Police have rounded up six Afghans from a rural area of Sultanpur. DPO Rahimyar Khan Suhail Zafar Chattha said "we have taken six Afghan n
Published 03 Jan, 2015 12:00am
Preparations for Eid-e-Milad in full swing

Preparations for Eid-e-Milad in full swing

Preparations for Eid Milad-un-Nabi (PBUH) have gained momentum in the provincial metropolis and other parts of Khyber Pakhtunkhwa. Mosques, buildings and homes are being decorated with colourful lights, buntings and banners. Large banners and gigantic bil
Published 03 Jan, 2015 12:00am
Transfers, postings

Transfers, postings

Chief Justice Lahore High Court here on Friday made transfers and postings among two additional district and sessions judges. According to a notification AD&SJ Muhammad Saeed Awan has been transferred from Multan to Sadiqabad and Bashir Ahmad Chaudhry fro
Published 03 Jan, 2015 12:00am
NA-122: inspection of 270 polling stations completed

NA-122: inspection of 270 polling stations completed

The local commission has completed inspection of 270 polling stations out of total 284 of NA-122, the constituency from which National Assembly Speaker Sardar Ayaz Sadiq was declared successful. An official said that the inspection of votes would be compl
Published 03 Jan, 2015 12:00am
SBC boycotts courts in Karachi

SBC boycotts courts in Karachi

Lawyers went on strike after an appeal from Sindh Bar Council (SBC) in the wake of a lawyer Ehsan Araein's murder in Hyderabad on Friday and boycotted the courts. Reports said litigants faced trouble as the case proceedings were not commenced and caused t
Published 03 Jan, 2015 12:00am
PU CCP holds workshop

PU CCP holds workshop

Punjab University Clinical Psychology (CCP) organised a workshop on "Trauma Therapy" in the wake of the Peshawar massacre. Principal Clinical Psychologists from Ireland Republic Dr Akhtar Ali Syed were the resource person on this occasion. The first day w
Published 03 Jan, 2015 12:00am
PU faculty member honoured

PU faculty member honoured

Punjab University Department of Zoology's Professor Dr Muhammad Naeem Khan has been awarded with Financial Assistance Award by United Nations' Food and Agriculture Organisation (UN-FAO) worth 2000 dollars to present his research paper in Italy. Dr Khan wi
Published 03 Jan, 2015 12:00am
PDWP approves 10 welfare schemes worth Rs 9.646 billion

PDWP approves 10 welfare schemes worth Rs 9.646 billion

The Provincial Development Working Party Punjab approved ten development schemes of various development Sectors with an estimated cost of Rs 9.646 billion including Expansion of Family Welfare Centers and Revival of Community Based Family Planning Workers
Published 03 Jan, 2015 12:00am
Petroleum products: Shahbaz for easy availability at fixed rates

Petroleum products: Shahbaz for easy availability at fixed rates

Punjab Chief Minister Muhammad Shahbaz Sharif has issued instructions for easy availability of petroleum products to the citizens at newly fixed rates and said that benefits of decrease in the prices of petroleum products should reach the common man.
Published 03 Jan, 2015 12:00am
LHC stays execution of condemned prisoner

LHC stays execution of condemned prisoner

A division bench of Lahore High Court here Friday stayed the execution of a condemned prisoner, Faiz Ahmad, till January 05. The bench while staying the execution summoned the superintendent of Faisalabad jail, who had obtained death warrants of Faiz. Ben
Published 03 Jan, 2015 12:00am
ZTBL clarification

ZTBL clarification

Apropos a news item which appeared in Business Recorder on January 2 regarding non-closure of accounts even after December 31, 2014. Zarai Taraqiati Bank Limited (ZTBL) has clarified that the Bank closed its Book of Accounts on 31st December for th
Published 03 Jan, 2015 12:00am
FBR official: Prime Minister imposes penalty of dismissal from service

FBR official: Prime Minister imposes penalty of dismissal from service

Prime Minister Nawaz Sharif has imposed a major penalty of dismissal from service upon Muhammad Anwar Goraya (IRS/BS-21) presently posted as Accountant Member, Appellate Tribunal, Inland Revenue, Karachi. In this regard, the FBR has issued a notification
Published 03 Jan, 2015 12:00am
Gardezi assumes charge as DG PBC

Gardezi assumes charge as DG PBC

New Director General Radio Pakistan Syed Imran Gardezi assumed charge of his office on Friday. Later, he visited various sections of the Pakistan Broadcasting Corporation (PBC). He was briefed about the working of the different departments of organisation
Published 03 Jan, 2015 12:00am
SIUT to hold three-day moot on minimal invasive surgery

SIUT to hold three-day moot on minimal invasive surgery

Sindh Institute of Urology and Transplantation (SIUT) will organise three days minimal invasive surgery conference and workshop here from January 5 to 7. SIUT officials on Friday said renowned external faculty of Sindh Institute of Medical Sciences Profes
Published 03 Jan, 2015 12:00am
LCCI urges ministry to free ship stuck in UAE

LCCI urges ministry to free ship stuck in UAE

Lahore Chamber of Commerce and Industry (LCCI) has urged the Federal Ministry of Shipping and Ports to take immediate measure to get goods carrier ship 'Santa Rosa-065E' cleared that is stuck in the UAE for last four months. The LCCI Vice President Syed M
Published 03 Jan, 2015 12:00am
Secretary Finance calls on AJK Prime Minister

Secretary Finance calls on AJK Prime Minister

Federal Secretary Finance Dr Waqar Masood on Friday called on Prime Minister of Azad Jammu and Kashmir Chaudhry Abdul Majeed and discussed with him education and health packages for Azad Kashmir. Besides, the provision of anti-terrorism force to AJK came
Published 03 Jan, 2015 12:00am
Eid Milad-un-Nabi (PBUH): Shahbaz for foolproof security measures

Eid Milad-un-Nabi (PBUH): Shahbaz for foolproof security measures

Punjab Chief Minister Shahbaz Sharif has ordered foolproof security arrangements in the province on the occasion of Eid Milad-un-Nabi (PBUH). He directed that senior police and administrative officers should personally supervise security measures and rema
Published 03 Jan, 2015 12:00am
Consultation on Livestock Development begins from January 6

Consultation on Livestock Development begins from January 6

The University of Veterinary and Animal Sciences (UVAS) Lahore in collaboration with the Ministry of National Food Security and Research Islamabad is arranging a "National Consultation on Livestock Development in Pakistan-Way Forward" on January 6 and 7.
Published 03 Jan, 2015 12:00am
FC man, four militants killed in Khuzdar

FC man, four militants killed in Khuzdar

One Frontier Corps (FC) man and four militants were killed during an operation conducted by the forces in Khuzdar on Friday. According to the FC spokesman, several other terrorists of a banned outfit were arrested. Weapons were also recovered from them.
Published 03 Jan, 2015 12:00am
FAC pertaining to K-E: Nepra to hold public hearing in Islamabad

FAC pertaining to K-E: Nepra to hold public hearing in Islamabad

Consumers have voiced concern over Nepra's (National Electric Power Regulatory Authority) decision of holding public hearing in Islamabad to discuss K-Electric's plea concerning monthly fuel adjustment charges (FAC). The public hearing is scheduled to be
Published 03 Jan, 2015 12:00am
New KP tourism policy to be put before cabinet

New KP tourism policy to be put before cabinet

A meeting of the Tourism Development Corporation of Khyber Pakhtunkhwa (TCKP) held consultations on Friday on the draft tourism policy before its submission to the cabinet in the current month. Besides, Secretary of Sports, Tourism, Archaeology, Museums &
Published 03 Jan, 2015 12:00am
Over 140 PIA flights affected by heavy fog

Over 140 PIA flights affected by heavy fog

With the prevailing weather condition ie severe fog in Punjab and adjoining areas; nearly 140 PIA flights have been affected causing heavy loss to the national flag carrier as the heavy fog is natural phenomenon and beyond human control. PIA spokesman sai
Published 03 Jan, 2015 12:00am
DRAP criticised for unilaterally adopting drug policy

DRAP criticised for unilaterally adopting drug policy

Many pharmaceutical companies have conveyed to the government that they are contemplating shutting down their operations to protest against the DRAP's (Drugs Regulatory Authority of Pakistan) average pricing formula, it is learnt. According to sources, st
Published 03 Jan, 2015 12:00am
Five more kids die in Thar

Five more kids die in Thar

Five more children died of famine on Friday after which death toll escalated to 268 in 93 days. The deceased include a 10-day old Rizwana Bajeer of Chachro, a new-born in Kimari village Diplo and an infant in Chandano village in addition to two others. Lo
Published 03 Jan, 2015 12:00am
Supreme Court moved for early hearing of Lakhvi case

Supreme Court moved for early hearing of Lakhvi case

The federal government on Friday filed an application in the Supreme Court seeking early hearing of the Zakiur Rehman Lakhvi case. The Interior Minister has challenged the Islamabad High Court suspension of Lakhvi's detention order, who is alleged masterm
Published 03 Jan, 2015 12:00am
MQM demands end to Karachi, Balochistan operations

MQM demands end to Karachi, Balochistan operations

Muttahida Qaumi Movement on Friday sought review of intelligence agencies role and demanded an end to operations in Karachi and Balochistan against what it said political forces. Taking part in the debate on the Peshawar massacre in the National Assembly,
Published 03 Jan, 2015 12:00am
Indian delegation visits Sadho Belo temple

Indian delegation visits Sadho Belo temple

A delegation of 40 Indian Hindus visited here the historical Sadho Belo temple. Talking to local people here, they said India and Pakistan needed to co-exist peacefully and work for good governance in the region. "We have brought a message of peace, love
Published 03 Jan, 2015 12:00am
Senators lambaste government for proposed rise in gas tariff

Senators lambaste government for proposed rise in gas tariff

Lawmakers in the Senate on Friday lambasted the government for 10-20 percent proposed increase in the gas tariff despite severe shortage of the commodity, saying it will burden the poor masses already feeling the burnt of skyrocketing price hike. Speaking
Published 03 Jan, 2015 12:00am
Navy operational exercise RIBAT concludes

Navy operational exercise RIBAT concludes

Pakistan Navy Operational Exercise RIBAT 2014 culminated with a concluding session held at PN Dockyard here on Friday. Chief of the Naval Staff (CONS), Admiral Muhammad Zakaullah was the chief guest on the occasion, a press release issued by PN said here.
Published 03 Jan, 2015 12:00am
Fata University: Senate body for probe into land deal

Fata University: Senate body for probe into land deal

The Senate Standing Committee on Federal Education and Professional Training on Friday expressed serious reservations over purchase of land at inflated rates for the Fata University to be established in Kohat and urged for immediate inquiry into the matte
Published 03 Jan, 2015 12:00am
Another wild allegation?

Another wild allegation?

How absurd is the story that India has fabricated that "Pakistani boat laden with explosives blows up off Indian coast". According to New Delhi, a Pakistani fishing boat laden with explosives bound for India blew up, killing all four people on board, afte
Published 03 Jan, 2015 12:00am
Afghanistan faces economic timebomb as Nato war ends

Afghanistan faces economic timebomb as Nato war ends

The Taliban insurgency may still be raging but the poor state of the economy could pose a bigger threat to Afghanistan's long-term viability, and huge mineral reserves are unlikely to offer a quick fix. In Kabul's Sarayee Shahzada market, moneychangers wa
Published 03 Jan, 2015 12:00am
Free delivery creates holiday boon for US consumers at high cost

Free delivery creates holiday boon for US consumers at high cost

For top US retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon expanded their free-delivery options, adding more items eli
Published 03 Jan, 2015 12:00am
Wapda's management touches us all

Wapda's management touches us all

I feel sorry for the institution. When it was first being created with the directions from the WB, I had resisted and had said that our engineers should be able to handle the energy situation. The grid system was then envisaged on the basis of the fact th
Published 03 Jan, 2015 12:00am
Rehab and reconstruction imperatives

Rehab and reconstruction imperatives

Federal Finance Minister Ishaq Dar recently revealed to an All-Party Conference (APC) that the cost of rehabilitation and reconstruction of Internally Displaced Persons (IDPs) in only three out of seven tribal agencies is around 88 billion rupees. This es
Published 03 Jan, 2015 12:00am
Shameful vote

Shameful vote

The Palestinian move at the UN Security Council to gain statehood and vacation of its territory occupied by Israel has failed again. Credit for this Palestinian setback goes to the same very American negative vote that talks of peace but works to keep the
Published 03 Jan, 2015 12:00am
Life insurance, Takaful: SECP sets three growth rate scenarios

Life insurance, Takaful: SECP sets three growth rate scenarios

The Securities and Exchange Commission of Pakistan (SECP) has set three growth rate scenarios for life insurance and Family Takaful products at 7 percent, 9 percent and 11 percent for 2015 onwards for projected benefits to potential policyholders. Accordi
Published 03 Jan, 2015 12:00am
Life insurance, Takaful: SECP sets three growth rate scenarios

Life insurance, Takaful: SECP sets three growth rate scenarios

The Securities and Exchange Commission of Pakistan (SECP) has set three growth rate scenarios for life insurance and Family Takaful products at 7 percent, 9 percent and 11 percent for 2015 onwards for projected benefits to potential policyholders. Accordi
Published 03 Jan, 2015 12:00am
Life insurance, Takaful: SECP sets three growth rate scenarios

Life insurance, Takaful: SECP sets three growth rate scenarios

The Securities and Exchange Commission of Pakistan (SECP) has set three growth rate scenarios for life insurance and Family Takaful products at 7 percent, 9 percent and 11 percent for 2015 onwards for projected benefits to potential policyholders. Accordi
Published 03 Jan, 2015 12:00am
Life insurance, Takaful: SECP sets three growth rate scenarios

Life insurance, Takaful: SECP sets three growth rate scenarios

The Securities and Exchange Commission of Pakistan (SECP) has set three growth rate scenarios for life insurance and Family Takaful products at 7 percent, 9 percent and 11 percent for 2015 onwards for projected benefits to potential policyholders. Accordi
Published 03 Jan, 2015 12:00am
Prince Andrew named in US 'sex slave' case

Prince Andrew named in US 'sex slave' case

Britain's Prince Andrew has been named in a US court filing by a woman who claims she was kept as an underaged "sex slave" by a billionaire Wall Street financier. In a statement Friday, Buckingham Palace in London denied the allegations, made in a motion
Published 03 Jan, 2015 12:00am
Prince Andrew named in US 'sex slave' case

Prince Andrew named in US 'sex slave' case

Britain's Prince Andrew has been named in a US court filing by a woman who claims she was kept as an underaged "sex slave" by a billionaire Wall Street financier. In a statement Friday, Buckingham Palace in London denied the allegations, made in a motion
Published 03 Jan, 2015 12:00am
Gunmen kill three clerics in south Iraq

Gunmen kill three clerics in south Iraq

Gunmen shot dead three Sunni clerics in the Shia-majority southern province of Basra, Iraqi officials said on Friday, an attack likely to increase already-significant sectarian tensions in the country. Raikan Mahdi, the head of the security committee for
Published 03 Jan, 2015 12:00am
Gunmen kill three clerics in south Iraq

Gunmen kill three clerics in south Iraq

Gunmen shot dead three Sunni clerics in the Shia-majority southern province of Basra, Iraqi officials said on Friday, an attack likely to increase already-significant sectarian tensions in the country. Raikan Mahdi, the head of the security committee for
Published 03 Jan, 2015 12:00am
Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh''s foreign exchange reserves rose to $22.309 billion at the end of December from $21.59 billion in the previous month, and were up 23.5 percent from a year earlier, the central bank said on Thursday. A rebound in exports and remittances outpace
Published 03 Jan, 2015 12:00am
Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh's foreign exchange reserves rose to $22.309 billion at the end of December from $21.59 billion in the previous month, and were up 23.5 percent from a year earlier, the central bank said on Thursday. A rebound in exports and remittances outpaced
Published 03 Jan, 2015 12:00am
Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh foreign exchange reserves rise over $22 billion

Bangladesh's foreign exchange reserves rose to $22.309 billion at the end of December from $21.59 billion in the previous month, and were up 23.5 percent from a year earlier, the central bank said on Thursday. A rebound in exports and remittances outpaced
Published 03 Jan, 2015 12:00am
ECB chief sees ''limited'' risk of deflation in eurozone

ECB chief sees ''limited'' risk of deflation in eurozone

The European Central Bank cannot entirely rule out the risk of the deflation in the eurozone, but that danger is limited, its chief Mario Draghi said in a newspaper interview Friday. "The risk cannot be ruled out completely, but it''s limited," Draghi tol
Published 03 Jan, 2015 12:00am
ECB chief sees 'limited' risk of deflation in eurozone

ECB chief sees 'limited' risk of deflation in eurozone

The European Central Bank cannot entirely rule out the risk of the deflation in the eurozone, but that danger is limited, its chief Mario Draghi said in a newspaper interview Friday. "The risk cannot be ruled out completely, but it's limited," Draghi told
Published 03 Jan, 2015 12:00am
ECB chief sees 'limited' risk of deflation in eurozone

ECB chief sees 'limited' risk of deflation in eurozone

The European Central Bank cannot entirely rule out the risk of the deflation in the eurozone, but that danger is limited, its chief Mario Draghi said in a newspaper interview Friday. "The risk cannot be ruled out completely, but it's limited," Draghi told
Published 03 Jan, 2015 12:00am
SBP amends guidelines for value chain contract farmer financing

SBP amends guidelines for value chain contract farmer financing

State Bank of Pakistan (SBP) on Friday amended the guidelines for value chain contract farmer financing. According to SBP AC&MFD Circular Letter No 01 0f 2015 issued on January 2, 2014, in order to encourage banks to lend to individual farmers, "corporate
Published 03 Jan, 2015 12:00am
SBP amends guidelines for value chain contract farmer financing

SBP amends guidelines for value chain contract farmer financing

State Bank of Pakistan (SBP) on Friday amended the guidelines for value chain contract farmer financing. According to SBP AC&MFD Circular Letter No 01 0f 2015 issued on January 2, 2014, in order to encourage banks to lend to individual farmers, "corporate
Published 03 Jan, 2015 12:00am
SBP amends guidelines for value chain contract farmer financing

SBP amends guidelines for value chain contract farmer financing

State Bank of Pakistan (SBP) on Friday amended the guidelines for value chain contract farmer financing. According to SBP AC&MFD Circular Letter No 01 0f 2015 issued on January 2, 2014, in order to encourage banks to lend to individual farmers, "corporate
Published 03 Jan, 2015 12:00am
Weekly SPI inflation up 0.79 percent

Weekly SPI inflation up 0.79 percent

The weekly Sensitive Price Indicator (SPI) inflation increased by 0.79 percent during the week ended January 1, 2015. The provisional data, released by Pakistan Bureau of Statistics, shows that the SPI for the week under review was recorded at 211.28 poin
Published 03 Jan, 2015 12:00am
Weekly SPI inflation up 0.79 percent

Weekly SPI inflation up 0.79 percent

The weekly Sensitive Price Indicator (SPI) inflation increased by 0.79 percent during the week ended January 1, 2015. The provisional data, released by Pakistan Bureau of Statistics, shows that the SPI for the week under review was recorded at 211.28 poin
Published 03 Jan, 2015 12:00am
Weekly SPI inflation up 0.79 percent

Weekly SPI inflation up 0.79 percent

The weekly Sensitive Price Indicator (SPI) inflation increased by 0.79 percent during the week ended January 1, 2015. The provisional data, released by Pakistan Bureau of Statistics, shows that the SPI for the week under review was recorded at 211.28 poin
Published 03 Jan, 2015 12:00am
King Abdullah has pneumonia

King Abdullah has pneumonia

Saudi King Abdullah, hospitalised earlier this week, is suffering from pneumonia and breathing with the aid of a tube, but is in stable condition, the royal court said on Friday. The long-ailing king, who is believed to be around 90 years old, was admitte
Published 03 Jan, 2015 12:00am
King Abdullah has pneumonia

King Abdullah has pneumonia

Saudi King Abdullah, hospitalised earlier this week, is suffering from pneumonia and breathing with the aid of a tube, but is in stable condition, the royal court said on Friday. The long-ailing king, who is believed to be around 90 years old, was admitte
Published 03 Jan, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 30, 2014.

Published 03 Jan, 2015 12:00am
LSE index gains 79.56 points

LSE index gains 79.56 points

Bullish sentiments continued for another day and the equities registered further gains amid ascending transaction volume on account of fresh buying. The LSE-25 index was improved to 6296.33 against 6216.77 of Thursday, denoting a gain of 79.56 points whil
Published 03 Jan, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 30, 2014.

Published 03 Jan, 2015 12:00am
LSE index gains 79.56 points

LSE index gains 79.56 points

Bullish sentiments continued for another day and the equities registered further gains amid ascending transaction volume on account of fresh buying. The LSE-25 index was improved to 6296.33 against 6216.77 of Thursday, denoting a gain of 79.56 points whil
Published 03 Jan, 2015 12:00am
PQFTL announces unit prices

PQFTL announces unit prices

Pak-Qatar Family Takaful Managed Fund (PQFTL) announced unit prices for the following funds on December 30, 2014.

Published 03 Jan, 2015 12:00am
ISE index gains 19.78 points

ISE index gains 19.78 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday 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 19.78 points as the ISE Ten
Published 03 Jan, 2015 12:00am
The Weather

The Weather

The weather report on Friday (January 02, 2015) and the forecast for Saturday (January 03, 2015).

Published 03 Jan, 2015 12:00am
ISE index gains 19.78 points

ISE index gains 19.78 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) on Friday 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 19.78 points as the ISE Ten
Published 03 Jan, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (January 02, 2015).

Published 03 Jan, 2015 12:00am
US slaps sanctions on North Korea after Sony hack

US slaps sanctions on North Korea after Sony hack

The United States imposed financial sanctions Friday on North Korea and several senior government officials in retaliation for a cyber attack on Hollywood studio Sony Pictures. President Barack Obama said he ordered the sanctions because of "the provocati
Published 03 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Jan, 2015 12:00am
BRIndex30 up 173.32 points

BRIndex30 up 173.32 points

On Friday, BRIndex30 opened at 18,333.03 points. It touched an intraday high of 18,591.03 points and an intraday low of 18,302.90 points and closed at 18,506.35 points which was 173.32 points or 0.95 percent higher than previous close. Total volume was 19
Published 03 Jan, 2015 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 03 Jan, 2015 12:00am
BRIndex30 up 173.32 points

BRIndex30 up 173.32 points

On Friday, BRIndex30 opened at 18,333.03 points. It touched an intraday high of 18,591.03 points and an intraday low of 18,302.90 points and closed at 18,506.35 points which was 173.32 points or 0.95 percent higher than previous close. Total volume was 19
Published 03 Jan, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 02, 2015).

Published 03 Jan, 2015 12:00am
Index hits fresh peak

Index hits fresh peak

On Friday, the benchmark 100-share index of Karachi Stock Exchange (KSE) again hit an all-time high of 32,731.61 points on the back of news about discount rate reduction and rally in cement sector. The KSE-100 index closed at 32,731.61 points, up by 0.77
Published 03 Jan, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 02, 2015)

Published 03 Jan, 2015 12:00am
Index hits fresh peak

Index hits fresh peak

On Friday, the benchmark 100-share index of Karachi Stock Exchange (KSE) again hit an all-time high of 32,731.61 points on the back of news about discount rate reduction and rally in cement sector. The KSE-100 index closed at 32,731.61 points, up by 0.77
Published 03 Jan, 2015 12:00am
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