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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-01-15
PSBA hails levy of 15 percent RD on steel products

PSBA hails levy of 15 percent RD on steel products

Pakistan Ship Breakers Association (PSBA) welcomed the imposition of 15 percent regulatory duty on the import of all steel billets, steel bars and wire rods. Chairman PSBA, Dewan Rizwan Farooqi said since 2010 the ship breaking industry had been providing
Published 15 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 14, 2015).

Published 15 Jan, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (January 14, 2015).

Published 15 Jan, 2015 12:00am
President, Prime Minister meet businesspeople

President, Prime Minister meet businesspeople

President Mamnoon Hussain and Prime Minister Nawaz Sharif said on Wednesday that every possible facility will be provided to the business community to bolster trade activities in the country. The President and Prime Minister expressed these views in a mee
Published 15 Jan, 2015 12:00am
President, Prime Minister meet businesspeople

President, Prime Minister meet businesspeople

President Mamnoon Hussain and Prime Minister Nawaz Sharif said on Wednesday that every possible facility will be provided to the business community to bolster trade activities in the country. The President and Prime Minister expressed these views in a mee
Published 15 Jan, 2015 12:00am
President, Prime Minister meet businesspeople

President, Prime Minister meet businesspeople

President Mamnoon Hussain and Prime Minister Nawaz Sharif said on Wednesday that every possible facility will be provided to the business community to bolster trade activities in the country. The President and Prime Minister expressed these views in a mee
Published 15 Jan, 2015 12:00am
Bulls take control

Bulls take control

Bulls dominated the Wednesday's proceedings at the Karachi share market, tossing the index to another historic high on the back of investors' interest in scrips other than oil and gas sector. Led by what analysts opined cement and auto stocks, the day's r
Published 15 Jan, 2015 12:00am
Bulls take control

Bulls take control

Bulls dominated the Wednesday's proceedings at the Karachi share market, tossing the index to another historic high on the back of investors' interest in scrips other than oil and gas sector. Led by what analysts opined cement and auto stocks, the day's r
Published 15 Jan, 2015 12:00am
Bulls take control

Bulls take control

Bulls dominated the Wednesday''s proceedings at the Karachi share market, tossing the index to another historic high on the back of investors'' interest in scrips other than oil and gas sector. Led by what analysts opined cement and auto stocks, the day''
Published 15 Jan, 2015 12:00am
BRIndex30 surges 223.69 points

BRIndex30 surges 223.69 points

On Wednesday, BRIndex30 opened at 18,746.09 points and remained positive throughout the trading session. It touched an intraday high of 18,985.84 points and an intraday low of 18,789.54 points and closed at 18,969.78 points which was 223.69 points or 1.19
Published 15 Jan, 2015 12:00am
BRIndex30 surges 223.69 points

BRIndex30 surges 223.69 points

On Wednesday, BRIndex30 opened at 18,746.09 points and remained positive throughout the trading session. It touched an intraday high of 18,985.84 points and an intraday low of 18,789.54 points and closed at 18,969.78 points which was 223.69 points or 1.19
Published 15 Jan, 2015 12:00am
World Bank cuts global economic outlook despite oil price drop

World Bank cuts global economic outlook despite oil price drop

The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The global development lende
Published 15 Jan, 2015 12:00am
World Bank cuts global economic outlook despite oil price drop

World Bank cuts global economic outlook despite oil price drop

The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The global development lende
Published 15 Jan, 2015 12:00am
World Bank cuts global economic outlook despite oil price drop

World Bank cuts global economic outlook despite oil price drop

The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The global development lende
Published 15 Jan, 2015 12:00am
World Bank cuts global economic outlook despite oil price drop

World Bank cuts global economic outlook despite oil price drop

The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices. The global development lende
Published 15 Jan, 2015 12:00am
Terrorism financing: FBR asked to step up fight

Terrorism financing: FBR asked to step up fight

Prime Minister Nawaz Sharif on Wednesday directed Federal Board of Revenue (FBR) to take effective steps towards terror financing. An official said the Prime Minister issued these directives while chairing a meeting to review progress on the implementatio
Published 15 Jan, 2015 12:00am
Terrorism financing: FBR asked to step up fight

Terrorism financing: FBR asked to step up fight

Prime Minister Nawaz Sharif on Wednesday directed Federal Board of Revenue (FBR) to take effective steps towards terror financing. An official said the Prime Minister issued these directives while chairing a meeting to review progress on the implementatio
Published 15 Jan, 2015 12:00am
Terrorism financing: FBR asked to step up fight

Terrorism financing: FBR asked to step up fight

Prime Minister Nawaz Sharif on Wednesday directed Federal Board of Revenue (FBR) to take effective steps towards terror financing. An official said the Prime Minister issued these directives while chairing a meeting to review progress on the implementatio
Published 15 Jan, 2015 12:00am
Cyber security bill to be introduced tomorrow

Cyber security bill to be introduced tomorrow

The government has by-passed the Cabinet in case of "National Cyber Security Bill" made part of the National Action Plan (NAP) that would be presented in the Parliament on Friday. This was revealed at a meeting of Senate Standing Committee on Information
Published 15 Jan, 2015 12:00am
Cyber security bill to be introduced tomorrow

Cyber security bill to be introduced tomorrow

The government has by-passed the Cabinet in case of "National Cyber Security Bill" made part of the National Action Plan (NAP) that would be presented in the Parliament on Friday. This was revealed at a meeting of Senate Standing Committee on Information
Published 15 Jan, 2015 12:00am
Cyber security bill to be introduced tomorrow

Cyber security bill to be introduced tomorrow

The government has by-passed the Cabinet in case of "National Cyber Security Bill" made part of the National Action Plan (NAP) that would be presented in the Parliament on Friday. This was revealed at a meeting of Senate Standing Committee on Information
Published 15 Jan, 2015 12:00am
Government given green signal for continued CSF support

Government given green signal for continued CSF support

The United States has given the green signal for continuation of security assistance under the Coalition Support Fund (CSF) and the Obama administration has requested the Congress for authorisation of $1 billion for FY15, according to US and Pakistani off
Published 15 Jan, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Jan, 2015 12:00am
Government given green signal for continued CSF support

Government given green signal for continued CSF support

The United States has given the green signal for continuation of security assistance under the Coalition Support Fund (CSF) and the Obama administration has requested the Congress for authorisation of $1 billion for FY15, according to US and Pakistani off
Published 15 Jan, 2015 12:00am
Musharraf indicted over Bugti's murder

Musharraf indicted over Bugti's murder

A court on Wednesday indicted Pervez Musharraf over the 2006 killing of Nawab Akbar Bugti, the latest legal hurdle facing the former military ruler since his return from self-imposed exile two years ago. The charges by the court in the south-western city
Published 15 Jan, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Jan, 2015 12:00am
Musharraf indicted over Bugti's murder

Musharraf indicted over Bugti's murder

A court on Wednesday indicted Pervez Musharraf over the 2006 killing of Nawab Akbar Bugti, the latest legal hurdle facing the former military ruler since his return from self-imposed exile two years ago. The charges by the court in the south-western city
Published 15 Jan, 2015 12:00am
Supply of RLNG: planned construction of pipeline approved by ECC

Supply of RLNG: planned construction of pipeline approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, the construction of a 1100 kilometer North South Gas Pipeline from Karachi to Lahore for supply of RLNG to the proposed gas fired power plants in northern Pakistan. Sour
Published 15 Jan, 2015 12:00am
Supply of RLNG: planned construction of pipeline approved by ECC

Supply of RLNG: planned construction of pipeline approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, the construction of a 1100 kilometer North South Gas Pipeline from Karachi to Lahore for supply of RLNG to the proposed gas fired power plants in northern Pakistan. Sour
Published 15 Jan, 2015 12:00am
Supply of RLNG: planned construction of pipeline approved by ECC

Supply of RLNG: planned construction of pipeline approved by ECC

The Economic Co-ordination Committee (ECC) of the Cabinet has approved, in principle, the construction of a 1100 kilometer North South Gas Pipeline from Karachi to Lahore for supply of RLNG to the proposed gas fired power plants in northern Pakistan. Sour
Published 15 Jan, 2015 12:00am
CoAS, UK Prime Minister discuss regional security

CoAS, UK Prime Minister discuss regional security

Chief of the Army Staff (CoAS) General Raheel Sharif was extended warm welcome upon his arrival in London on Wednesday on three-day official visit. According to Inter Services Public Relations (ISPR) General Raheel Sharif was presented full guard of honou
Published 15 Jan, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 14, 2015).

Published 15 Jan, 2015 12:00am
Comedian to stand trial as France cracks down on hate speech

Comedian to stand trial as France cracks down on hate speech

Controversial French comedian Dieudonne was arrested Wednesday and will stand trial over a comment suggesting he sympathised with one of the Paris attackers, as France cracks down on those who condone terrorism. The arrest was one of 54 cases for "condoni
Published 15 Jan, 2015 12:00am
ISE index up 2.09 points

ISE index up 2.09 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 2.09 points as the ISE Ten Index moved
Published 15 Jan, 2015 12:00am
ISE index up 2.09 points

ISE index up 2.09 points

Bulls dominated the proceedings at the Islamabad Stock Exchange (ISE) 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 2.09 points as the ISE Ten Index moved
Published 15 Jan, 2015 12:00am
LSE index marginally declines by 4.49 points

LSE index marginally declines by 4.49 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities moved both ways and finally settled in green zone amid improved trading turnover. The LSE-25 index was marginally declined by 4.49 points to close at 6496.23 against 6500.
Published 15 Jan, 2015 12:00am
LSE index marginally declines by 4.49 points

LSE index marginally declines by 4.49 points

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday where equities moved both ways and finally settled in green zone amid improved trading turnover. The LSE-25 index was marginally declined by 4.49 points to close at 6496.23 against 6500.
Published 15 Jan, 2015 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Bear dominated the local currency market on Wednesday as the rupee depreciated against the dollar, dealers said. The rupee dropped by eight-paisa versus the dollar for buying and selling at Rs 100.63 and Rs 100.65 respectively, they said.
Published 15 Jan, 2015 12:00am
Shell ends $6.5 billion Qatar project as oil price falls

Shell ends $6.5 billion Qatar project as oil price falls

Qatar Petroleum and Royal Dutch Shell have scrapped plans for a petrochemicals project, worth an estimated $6.5 billion, due to the slump in global oil prices. In a statement issued on Wednesday, Shell said the Al Karaana project would not go ahead becaus
Published 15 Jan, 2015 12:00am
THE RUPEE: all-round fall

THE RUPEE: all-round fall

Bear dominated the local currency market on Wednesday as the rupee depreciated against the dollar, dealers said. The rupee dropped by eight-paisa versus the dollar for buying and selling at Rs 100.63 and Rs 100.65 respectively, they said.
Published 15 Jan, 2015 12:00am
Shell ends $6.5 billion Qatar project as oil price falls

Shell ends $6.5 billion Qatar project as oil price falls

Qatar Petroleum and Royal Dutch Shell have scrapped plans for a petrochemicals project, worth an estimated $6.5 billion, due to the slump in global oil prices. In a statement issued on Wednesday, Shell said the Al Karaana project would not go ahead becaus
Published 15 Jan, 2015 12:00am
Shell ends $6.5 billion Qatar project as oil price falls

Shell ends $6.5 billion Qatar project as oil price falls

Qatar Petroleum and Royal Dutch Shell have scrapped plans for a petrochemicals project, worth an estimated $6.5 billion, due to the slump in global oil prices. In a statement issued on Wednesday, Shell said the Al Karaana project would not go ahead becaus
Published 15 Jan, 2015 12:00am
80 bodies found floating in India's Ganges

80 bodies found floating in India's Ganges

Around 80 bodies have been found floating in a stream of India's Ganges, sparking renewed concerns Wednesday about the health of the sacred river where millions of Hindus cremate their dead, an official said. The bodies were discovered in a shallow tribut
Published 15 Jan, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 14, 2015).

Published 15 Jan, 2015 12:00am
80 bodies found floating in India's Ganges

80 bodies found floating in India's Ganges

Around 80 bodies have been found floating in a stream of India's Ganges, sparking renewed concerns Wednesday about the health of the sacred river where millions of Hindus cremate their dead, an official said. The bodies were discovered in a shallow tribut
Published 15 Jan, 2015 12:00am
Tharparkar people: Army dispatches 18 tonnes of relief goods

Tharparkar people: Army dispatches 18 tonnes of relief goods

Pakistan Army has dispatched a consignment of 18 tons of relief goods for drought affected people (DAPs) of Tharparkar from Army Relief Camp Fortress Stadium, Lahore Garrison here on Tuesday. The consignment consisting of 10 trucks left for Hyderabad for
Published 15 Jan, 2015 12:00am
Seminar on cutting edge Information Technology held

Seminar on cutting edge Information Technology held

Information Technology (IT) has become a buzz word in this age of technological breakthrough and credible IT solution providers like IBEX Global should focus on SMEs to give a quantum jump to the economic activities in Pakistan, said Mian Muhammad Adrees
Published 15 Jan, 2015 12:00am
Training programme on tax advocacy held

Training programme on tax advocacy held

Pakistan is facing serious challenges to deliver essential services to poor communities due to low GDP ratio to tax. It was stated by Tariq Sattar, Advocacy Officer of The Network for Consumer Protection during training on tax advocacy programme. The main
Published 15 Jan, 2015 12:00am
Development work on Sialkot tanneries zone in full swing

Development work on Sialkot tanneries zone in full swing

Development work on mega project of Sialkot Tanneries Zone (STZ) is picking pace and 80 percent development of roads had so far been completed in the zone. Official sources told Business Recorder on Wednesday that STZ was being developed on 392 acr
Published 15 Jan, 2015 12:00am
Poultry farmers advised

Poultry farmers advised

Chief Minister's Special Assistant for Livestock Department Chaudhry Muhammad Arshad Jutt has urged the poultry farmers to ensure implementation on preventive measures to save their flocks from diseases which included good cleanliness of shades and applic
Published 15 Jan, 2015 12:00am
Jamaat-e-Islami calls for retrieving nation's assets lying abroad

Jamaat-e-Islami calls for retrieving nation's assets lying abroad

The Central Shoora of the Jamaat-e-Islami, while expressing grave concern over the present economic conditions of the country, has called for retrieving the nation's assets lying abroad, and paving way for the Islamic economic system through the policy of
Published 15 Jan, 2015 12:00am
PAAPAM contests SBP's annual report

PAAPAM contests SBP's annual report

Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has submitted a 53-page rebuttal to the State Bank of Pakistan to its Annual Report containing a comparison of the Automobile industries in Pakistan & India. In a Press Statemen
Published 15 Jan, 2015 12:00am
CS Sindh orders one dish in official events

CS Sindh orders one dish in official events

Sindh Chief Secretary Sajjad Saleem Hotiyana has taken notice of arranging more than one dish in official programmes has directed to arrange only one dish. The Sindh CS has issued a circular to the Provincial Secretaries and high officials in this regard,
Published 15 Jan, 2015 12:00am
ABAD hails setting up of military courts

ABAD hails setting up of military courts

The setting up of military courts after 21st constitutional amendment for speedy trial of criminals involved in terrorist activities will not only create fear among terrorist organisations but this unavoidable step had to be taken to ensure security and s
Published 15 Jan, 2015 12:00am
'Students of Pharmacy have bright future in healthcare'

'Students of Pharmacy have bright future in healthcare'

Pharmacists have become necessary in hospitals for evaluation of medicines prescribed for the ailing patients. The students of Pharmacy have bright future in healthcare. This was stated by Sardar M Yasin Malik, SI, HI, while addressing the students on com
Published 15 Jan, 2015 12:00am
SAU announcement

SAU announcement

The Deputy Registrar Admissions Sindh Agriculture University has announced that the date of issuance & acceptance of admissions forms for the admissions to Bachelors degree program, in University, Shaheed Zulfiqar Ali Bhutto Agriculture Collage Dorki and
Published 15 Jan, 2015 12:00am
IHC to hear Lakhvi's bail plea in open court

IHC to hear Lakhvi's bail plea in open court

The Islamabad High Court after conducting an in-camera hearing of Zakhiur Rehman Lakhvi's bail application has decided to hear the matter in open court from today (Thursday). A single-member bench headed by Justice Noorul Haq N Qureshi on Wednesday resume
Published 15 Jan, 2015 12:00am
Faulty investigation: KP IGP suspends SHO, Additional SHO, IO Mansehra

Faulty investigation: KP IGP suspends SHO, Additional SHO, IO Mansehra

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has suspended SHO Police Station City Mansehra, Investigation Officer and Additional SHO on faulty investigation and ordered departmental inquiry against them. According to detail
Published 15 Jan, 2015 12:00am
KP Governor addresses 5th Convocation of Fazaia College

KP Governor addresses 5th Convocation of Fazaia College

Khyber Pakhtunkhwa Governor Sardar Mehtab Ahmad Khan has asked the graduating students to explore vistas of educational philosophy and practice; and proclaim their name as capable teachers. He was addressing the 5th Convocation of the Fazaia College of Ed
Published 15 Jan, 2015 12:00am
Zardari distributes cheques among families of police martyrs

Zardari distributes cheques among families of police martyrs

Former president and Pakistan People's Party (PPP) co-chairman Asif Ali Zardari on Wednesday expressed the resolve to meet all the necessities of the families of the Sindh Police martyrs. Speaking at a ceremony held to distribute cheques among families of
Published 15 Jan, 2015 12:00am
AMLA amendments: fiscal offences may be considered money-laundering

AMLA amendments: fiscal offences may be considered money-laundering

The government has proposed that the fiscal offences, including serious tax crimes/tax evasion would be brought into the ambit of money-laundering under the proposed amendments to the Anti-Money Laundering Act (AMLA). Syed Mansoor Ali of Financial Monitor
Published 15 Jan, 2015 12:00am
SECP approves proposal of first ever REIT scheme

SECP approves proposal of first ever REIT scheme

The Securities and Exchange Commission of Pakistan (SECP) has approved a proposal for launching the first ever "Real Estate Investment Trust (REIT)" Scheme in Pakistan. The REIT will be managed by Arif Habib REIT Management Company Limited. With the adven
Published 15 Jan, 2015 12:00am
Imran visits Army Public School amid parents' protests

Imran visits Army Public School amid parents' protests

Pakistan Tehreek-e-Insaf chief Imran Khan along with his newly-wed wife Reham Khan, Chief Minister Khyber Pakhtunkhwa Pervez Khattak and others visited the terror-hit Army Public School amidst protest by the parents of martyred children outside the school
Published 15 Jan, 2015 12:00am
Formation of military courts in Gilgit-Baltistan unlawful: Asma

Formation of military courts in Gilgit-Baltistan unlawful: Asma

Renowned rights activist Asma Jehangir on Wednesday said that the formation of military courts for trail of convicted terrorists in Gilgit-Baltistan (GB) is unlawful and unconstitutional. Talking to reporters outside the Supreme Court, the lady activist,
Published 15 Jan, 2015 12:00am
City police arrest 179 suspects

City police arrest 179 suspects

The city police on Wednesday nabbed 179 suspects during on-going search operation from different parts of the federal capital. A police official said that on the directives of Interior Minister Chaudhry Nisar Ali Khan, the city police chief Tahir Alam Kha
Published 15 Jan, 2015 12:00am
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