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Print - 2015-02-10
Punjab launching Rs 4 billion Health Insurance Card Scheme

Punjab launching Rs 4 billion Health Insurance Card Scheme

Provincial Minister for Social Welfare Syed Haroon Ahmad Sultan Bukhari has said that a health insurance card scheme is being launched with an amount of Rs 4 billion so that best treatment facilities could be provided to the low income people in governmen
Published 10 Feb, 2015 12:00am
Domestic debt Interest payment costs Rs 485 billion during July-November

Domestic debt Interest payment costs Rs 485 billion during July-November

The rising budgetary borrowing of the federal government has cost Rs 485 billion of interest payment on domestic debt during the first five months of this fiscal year (FY15). As a part of efforts to improve the maturity profile of domestic debt, during th
Published 10 Feb, 2015 12:00am
Saeed Ajmal: remodelled action

Saeed Ajmal: remodelled action

According to International Cricket Council (ICC), the bowling action of Pakistan's ace spinner Saeed Ajmal has been deemed legal. He was reported for suspected illegal action in August and he failed the initial tests. But the ICC said following remedial w
Published 10 Feb, 2015 12:00am
Japan-inspired 'water-house' slashes energy needs

Japan-inspired 'water-house' slashes energy needs

As UN climate negotiators gather in Geneva this week, one Japan-inspired Hungarian inventor believes he has found a revolutionary and inexpensive way to construct buildings that could slash humanity's energy needs. And the magic ingredient for Matyas Guta
Published 10 Feb, 2015 12:00am
Oil company CEOs likely to avoid big hit to compensation

Oil company CEOs likely to avoid big hit to compensation

These are nervous times at the top of North America's oil companies. Executives are trying to cope with the plunge in oil prices and are slashing costs as they watch earnings and revenue drop. Their own compensation, though, may not yet be on the chopping
Published 10 Feb, 2015 12:00am
Descent of anarchy?

Descent of anarchy?

Besides Pakistan's fiscal woes, corruption in state offices (exposed almost every day), maladministration, and ever-present threat of terrorism, a more dangerous developing distortion is people's loss of faith in the integrity and capacity of the law enfo
Published 10 Feb, 2015 12:00am
Iran nuclear talks

Iran nuclear talks

Even as the P5+1 nuclear talks with Iran near the endgame as to what comes out of them, uncertainty remains. Both sides have once again offered hope of clinching some kind of deal by March 31 deadline, but they also talk of provisos that are no mean chall
Published 10 Feb, 2015 12:00am
Prime Minister at Sunday bazaar

Prime Minister at Sunday bazaar

For the first time during his current premiership, Nawaz Sharif personally visited two Sunday bazaars in the federal capital and interacted with the common man as well as the sellers to ascertain the prevalent prices subsequent to the decline in the price
Published 10 Feb, 2015 12:00am
Drone strikes: police asked to register FIR by February 23

Drone strikes: police asked to register FIR by February 23

The Islamabad High Court (IHC) on Monday directed the Inspector General Police (IGP) to implement by February 23 the court orders regarding registration of a First Information Report (FIR) against Central Intelligence Agency's (CIA) former station chief J
Published 10 Feb, 2015 12:00am
Juncker says eurozone doesn''''t back Greek demands

Juncker says eurozone doesn''''t back Greek demands

European Commission chief Jean-Claude Juncker on Monday warned the left-wing Greek government not to expect the eurozone to quickly agree to its demands to renegotiate its bailout programme. Prime Minister Alexis Tsipras, who toured European capitals incl
Published 10 Feb, 2015 12:00am
The Weather

The Weather

The weather report on Monday (February 09, 2015) and the forecast for Tuesday (February 10, 2015).

Published 10 Feb, 2015 12:00am
Juncker says eurozone doesn''t back Greek demands

Juncker says eurozone doesn''t back Greek demands

European Commission chief Jean-Claude Juncker on Monday warned the left-wing Greek government not to expect the eurozone to quickly agree to its demands to renegotiate its bailout programme. Prime Minister Alexis Tsipras, who toured European capitals incl
Published 10 Feb, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
Juncker says eurozone doesn't back Greek demands

Juncker says eurozone doesn't back Greek demands

European Commission chief Jean-Claude Juncker on Monday warned the left-wing Greek government not to expect the eurozone to quickly agree to its demands to renegotiate its bailout programme. Prime Minister Alexis Tsipras, who toured European capitals incl
Published 10 Feb, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
Juncker says eurozone doesn't back Greek demands

Juncker says eurozone doesn't back Greek demands

European Commission chief Jean-Claude Juncker on Monday warned the left-wing Greek government not to expect the eurozone to quickly agree to its demands to renegotiate its bailout programme. Prime Minister Alexis Tsipras, who toured European capitals incl
Published 10 Feb, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Feb, 2015 12:00am
G20 ministers gather in Istanbul to discuss Greece, growth

G20 ministers gather in Istanbul to discuss Greece, growth

Ministers and central bankers from the world''s top 20 economies gathered in Istanbul on Monday to discuss solutions to the debt crisis in Greece and ways to push forward faltering global growth. Turkey is hosting the G20 finance ministers and central ban
Published 10 Feb, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 10 Feb, 2015 12:00am
G20 ministers gather in Istanbul to discuss Greece, growth

G20 ministers gather in Istanbul to discuss Greece, growth

Ministers and central bankers from the world's top 20 economies gathered in Istanbul on Monday to discuss solutions to the debt crisis in Greece and ways to push forward faltering global growth. Turkey is hosting the G20 finance ministers and central bank
Published 10 Feb, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
G20 ministers gather in Istanbul to discuss Greece, growth

G20 ministers gather in Istanbul to discuss Greece, growth

Ministers and central bankers from the world's top 20 economies gathered in Istanbul on Monday to discuss solutions to the debt crisis in Greece and ways to push forward faltering global growth. Turkey is hosting the G20 finance ministers and central bank
Published 10 Feb, 2015 12:00am
Poultry Rates

Poultry Rates

Wholesale poultry rates on Monday (February 09, 2015) and for Tuesday (February 10, 2015).
Published 10 Feb, 2015 12:00am
PBC, SCBA challenge military courts

PBC, SCBA challenge military courts

Apex bodies of the legal fraternity in the country, Pakistan Bar Council (PBC) and Supreme Court Bar Association (SCBA) Monday challenged the establishment of military courts under the 21st Constitutional Amendment in the Supreme Court. The PBC through vi
Published 10 Feb, 2015 12:00am
PBC, SCBA challenge military courts

PBC, SCBA challenge military courts

Apex bodies of the legal fraternity in the country, Pakistan Bar Council (PBC) and Supreme Court Bar Association (SCBA) Monday challenged the establishment of military courts under the 21st Constitutional Amendment in the Supreme Court. The PBC through vi
Published 10 Feb, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (February 09, 2015)

Published 10 Feb, 2015 12:00am
Fire breaks out in Commerce Centre

Fire breaks out in Commerce Centre

A fire broke out at the fourth floor of Commerce Centre building on I. I. Chundrigar Road, which was extinguished by Fire brigade department after three hours long efforts. "The building caught fire due to electric short circuit; three employees, who trap
Published 10 Feb, 2015 12:00am
Fire breaks out in Commerce Centre

Fire breaks out in Commerce Centre

A fire broke out at the fourth floor of Commerce Centre building on I. I. Chundrigar Road, which was extinguished by Fire brigade department after three hours long efforts. "The building caught fire due to electric short circuit; three employees, who trap
Published 10 Feb, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
J.P Morgan probed over hiring of China minister''''s son: WSJ

J.P Morgan probed over hiring of China minister''''s son: WSJ

Investment bank J.P. Morgan is being investigated by US authorities for hiring the son of China''''s commerce minister despite him being one of the worst candidates its recruiters had seen, the Wall Street Journal reported. Gao Jue, son of minister Gao Hu
Published 10 Feb, 2015 12:00am
Grain market rates

Grain market rates

Karachi grain market rates in rupees on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
J.P Morgan probed over hiring of China minister''s son: WSJ

J.P Morgan probed over hiring of China minister''s son: WSJ

Investment bank J.P. Morgan is being investigated by US authorities for hiring the son of China''s commerce minister despite him being one of the worst candidates its recruiters had seen, the Wall Street Journal reported. Gao Jue, son of minister Gao Huch
Published 10 Feb, 2015 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
J.P Morgan probed over hiring of China minister's son: WSJ

J.P Morgan probed over hiring of China minister's son: WSJ

Investment bank J.P. Morgan is being investigated by US authorities for hiring the son of China's commerce minister despite him being one of the worst candidates its recruiters had seen, the Wall Street Journal reported. Gao Jue, son of minister Gao Huche
Published 10 Feb, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 30th January, 2015.

Published 10 Feb, 2015 12:00am
J.P Morgan probed over hiring of China minister's son: WSJ

J.P Morgan probed over hiring of China minister's son: WSJ

Investment bank J.P. Morgan is being investigated by US authorities for hiring the son of China's commerce minister despite him being one of the worst candidates its recruiters had seen, the Wall Street Journal reported. Gao Jue, son of minister Gao Huche
Published 10 Feb, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 30th January, 2015.

Published 10 Feb, 2015 12:00am
''Fixed price'' Power to be purchased from redundant thermal plants

''Fixed price'' Power to be purchased from redundant thermal plants

The federal government has reportedly decided to purchase power from redundant thermal power plants on a "fixed price" basis during the four months of summer without any discrimination, official sources told Business Recorder. "We are advertising i
Published 10 Feb, 2015 12:00am
'Fixed price' Power to be purchased from redundant thermal plants

'Fixed price' Power to be purchased from redundant thermal plants

The federal government has reportedly decided to purchase power from redundant thermal power plants on a "fixed price" basis during the four months of summer without any discrimination, official sources told Business Recorder. "We are advertising i
Published 10 Feb, 2015 12:00am
'Fixed price' Power to be purchased from redundant thermal plants

'Fixed price' Power to be purchased from redundant thermal plants

The federal government has reportedly decided to purchase power from redundant thermal power plants on a "fixed price" basis during the four months of summer without any discrimination, official sources told Business Recorder. "We are advertising i
Published 10 Feb, 2015 12:00am
Commander linked to IS killed in Afghanistan

Commander linked to IS killed in Afghanistan

A Nato drone strike in Afghanistan on Monday killed a former Taliban commander and Guantanamo detainee who was suspected of links to the Islamic State group, officials said. The missile attack killed Mullah Abdul Rauf Khadim along with his son-in-law and
Published 10 Feb, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
Commander linked to IS killed in Afghanistan

Commander linked to IS killed in Afghanistan

A Nato drone strike in Afghanistan on Monday killed a former Taliban commander and Guantanamo detainee who was suspected of links to the Islamic State group, officials said. The missile attack killed Mullah Abdul Rauf Khadim along with his son-in-law and
Published 10 Feb, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (February 09, 2015).

Published 10 Feb, 2015 12:00am
Business Class: non-availability of seats causes flight delay

Business Class: non-availability of seats causes flight delay

Pakistan International Airlines (PIA), a beleagured ailine, faced a highly awkward situation when its two ground engineers refused to perform duty in PK-741 (Islamabad-Jeddah) over non-availability of seats in ''Business Class'', causing delay in flight d
Published 10 Feb, 2015 12:00am
Business Class: non-availability of seats causes flight delay

Business Class: non-availability of seats causes flight delay

Pakistan International Airlines (PIA), a beleagured ailine, faced a highly awkward situation when its two ground engineers refused to perform duty in PK-741 (Islamabad-Jeddah) over non-availability of seats in 'Business Class', causing delay in flight dep
Published 10 Feb, 2015 12:00am
Business Class: non-availability of seats causes flight delay

Business Class: non-availability of seats causes flight delay

Pakistan International Airlines (PIA), a beleagured ailine, faced a highly awkward situation when its two ground engineers refused to perform duty in PK-741 (Islamabad-Jeddah) over non-availability of seats in 'Business Class', causing delay in flight dep
Published 10 Feb, 2015 12:00am
THE RUPEE: moves both ways

THE RUPEE: moves both ways

A divergent trend was seen on the money market on Monday in the process of trading, dealers said. The rupee shed seven-paisa versus the dollar for buying at Rs 101.20 and it also dropped nine-paisa for selling at Rs 101.24, they said.
Published 10 Feb, 2015 12:00am
MQM to take out pro-Altaf rally today

MQM to take out pro-Altaf rally today

Mutahidda Qaumi Movement (MQM) has announced to observe 'Youm-i-Izhar-i-Muhabbat' with Altaf Hussain countrywide on Tuesday [today], Aaj News reported. Under the plan, MQM will take out solidarity rally from Aisha Manzil to Mazar-e-Quaid in support
Published 10 Feb, 2015 12:00am
THE RUPEE: moves both ways

THE RUPEE: moves both ways

A divergent trend was seen on the money market on Monday in the process of trading, dealers said. The rupee shed seven-paisa versus the dollar for buying at Rs 101.20 and it also dropped nine-paisa for selling at Rs 101.24, they said.
Published 10 Feb, 2015 12:00am
LSE index loses 20.59 points

LSE index loses 20.59 points

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered losses following selling pressure in select bluechips. The LSE-25 index lost 20.59 points to close at 6247.90 against 6268.49 of last Friday while transaction
Published 10 Feb, 2015 12:00am
LSE index loses 20.59 points

LSE index loses 20.59 points

Bearish sentiments dominated on the Lahore Stock Exchange on Monday and the equities registered losses following selling pressure in select bluechips. The LSE-25 index lost 20.59 points to close at 6247.90 against 6268.49 of last Friday while transaction
Published 10 Feb, 2015 12:00am
Secret HSBC ''tax dodger'' files cause global shockwaves

Secret HSBC ''tax dodger'' files cause global shockwaves

Secret documents published online alleging banking giant HSBC helped wealthy customers dodge millions of dollars in taxes caused global shockwaves Monday and spotlighted the financial dealings of the world''s ultra-rich. The cache of files made public in
Published 10 Feb, 2015 12:00am
Secret HSBC 'tax dodger' files cause global shockwaves

Secret HSBC 'tax dodger' files cause global shockwaves

Secret documents published online alleging banking giant HSBC helped wealthy customers dodge millions of dollars in taxes caused global shockwaves Monday and spotlighted the financial dealings of the world's ultra-rich. The cache of files made public in t
Published 10 Feb, 2015 12:00am
Secret HSBC 'tax dodger' files cause global shockwaves

Secret HSBC 'tax dodger' files cause global shockwaves

Secret documents published online alleging banking giant HSBC helped wealthy customers dodge millions of dollars in taxes caused global shockwaves Monday and spotlighted the financial dealings of the world's ultra-rich. The cache of files made public in t
Published 10 Feb, 2015 12:00am
BRIndex30 up 119.13 points

BRIndex30 up 119.13 points

On Monday, BRIndex30 opened at 20,060.25 points and remained positive throughout the trading session. It touched an intraday high of 20,248.83 points and an intraday low of 20,065.30 points and closed at 20,179.38 points which was 119.13 points or 0.59 pe
Published 10 Feb, 2015 12:00am
BRIndex30 up 119.13 points

BRIndex30 up 119.13 points

On Monday, BRIndex30 opened at 20,060.25 points and remained positive throughout the trading session. It touched an intraday high of 20,248.83 points and an intraday low of 20,065.30 points and closed at 20,179.38 points which was 119.13 points or 0.59 pe
Published 10 Feb, 2015 12:00am
Equities turn bearish

Equities turn bearish

Karachi Stocks Market plunged by 86.64 points or 0.25 percent on Monday on the back of profit-taking. Also, equity analysts cited uncertainty on politico-diplomatic front as another drag on the volatile KSE 100-share index. The market commenced the week''
Published 10 Feb, 2015 12:00am
Equities turn bearish

Equities turn bearish

Karachi Stocks Market plunged by 86.64 points or 0.25 percent on Monday on the back of profit-taking. Also, equity analysts cited uncertainty on politico-diplomatic front as another drag on the volatile KSE 100-share index. The market commenced the week's
Published 10 Feb, 2015 12:00am
Equities turn bearish

Equities turn bearish

Karachi Stocks Market plunged by 86.64 points or 0.25 percent on Monday on the back of profit-taking. Also, equity analysts cited uncertainty on politico-diplomatic front as another drag on the volatile KSE 100-share index. The market commenced the week's
Published 10 Feb, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Feb, 2015 12:00am
Government committed to improving industrial efficiency: Prime Minister

Government committed to improving industrial efficiency: Prime Minister

Prime Minister Nawaz Sharif Monday said that the government was committed to improve efficiency of key service-delivery ministries for bringing improvement in the living standards of people. Chairing a meeting on the implementation of reforms agenda of th
Published 10 Feb, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Feb, 2015 12:00am
Government committed to improving industrial efficiency: Prime Minister

Government committed to improving industrial efficiency: Prime Minister

Prime Minister Nawaz Sharif Monday said that the government was committed to improve efficiency of key service-delivery ministries for bringing improvement in the living standards of people. Chairing a meeting on the implementation of reforms agenda of th
Published 10 Feb, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 10 Feb, 2015 12:00am
Government committed to improving industrial efficiency: Prime Minister

Government committed to improving industrial efficiency: Prime Minister

Prime Minister Nawaz Sharif Monday said that the government was committed to improve efficiency of key service-delivery ministries for bringing improvement in the living standards of people. Chairing a meeting on the implementation of reforms agenda of th
Published 10 Feb, 2015 12:00am
Policy (2014-19): ambitious textile goals unveiled

Policy (2014-19): ambitious textile goals unveiled

The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The implementation of policy requ
Published 10 Feb, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Feb, 2015 12:00am
Policy (2014-19): ambitious textile goals unveiled

Policy (2014-19): ambitious textile goals unveiled

The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The implementation of policy requ
Published 10 Feb, 2015 12:00am
Policy (2014-19): ambitious textile goals unveiled

Policy (2014-19): ambitious textile goals unveiled

The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The implementation of policy requ
Published 10 Feb, 2015 12:00am
Policy (2014-19): ambitious textile goals unveiled

Policy (2014-19): ambitious textile goals unveiled

The government on Monday announced the Textile Policy (2014-19), envisaging to double textiles exports from the current level of $13 billion to $26 billion over the next five years, besides creation of 3 million new jobs. The implementation of policy requ
Published 10 Feb, 2015 12:00am
CCoP meeting today

CCoP meeting today

A meeting of the Cabinet Committee on Privatisation (CCoP) has been convened today (Tuesday) to give approval to divestment of Habib Bank (HBL) shares along with transaction structure of National Power Construction Corporation (NPCC), it was reliably lear
Published 10 Feb, 2015 12:00am
CCoP meeting today

CCoP meeting today

A meeting of the Cabinet Committee on Privatisation (CCoP) has been convened today (Tuesday) to give approval to divestment of Habib Bank (HBL) shares along with transaction structure of National Power Construction Corporation (NPCC), it was reliably lear
Published 10 Feb, 2015 12:00am
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