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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-02-26
Masood Khan calls on Prime Minister

Masood Khan calls on Prime Minister

Pakistan's outgoing Permanent Representative to the United Nations, Masood Khan called on Prime Minister Muhammad Nawaz Sharif at the PM House here on Wednesday. The Prime Minister appreciated the services of Masood Khan during his career as a diplomat an
Published 26 Feb, 2015 12:00am
Citibank sponsors Pakistan Capital Markets Day at LSE

Citibank sponsors Pakistan Capital Markets Day at LSE

Citibank sponsored the 4th Annual Pakistan Capital Markets Day at the London Stock Exchange recently. The event featured participation from 14 of Pakistan's leading companies, as well as London-based and international investors. The Pakistani companies th
Published 26 Feb, 2015 12:00am
Potato exporters: FPCCI seeks subsidy in freight to boost export

Potato exporters: FPCCI seeks subsidy in freight to boost export

Chairman of Federation of Pakistan Chambers of Commerce and Industry's (FPCCI) Standing Committee on Horticulture and Agriculture Produce, Ahmad Jawad, has demanded of the government to give subsidy in freight to potato exporters so as to facilitate them
Published 26 Feb, 2015 12:00am
Law and order in Karachi improves after operation: DG Rangers

Law and order in Karachi improves after operation: DG Rangers

Director General Sindh Rangers Major General Bilal Akber has said that law and order situation in Karachi has improved considerably after initiation of the targeted operation by Rangers against the criminals. Speaking at a meeting of Korangi Association o
Published 26 Feb, 2015 12:00am
Two injured in firing incidents

Two injured in firing incidents

Two people were injured in separate incidents here on Wednesday. According to police and rescue sources, Kamran Qureshi, son of Abdul Hameed, was shot at and injured by unidentified people in Surjani Town Sector 4-B. He was rushed to the Abbasi Shaheed Ho
Published 26 Feb, 2015 12:00am
Standard Chartered showcases transaction banking capabilities

Standard Chartered showcases transaction banking capabilities

In line with its continuous efforts to deepen its client relationships and understanding, Standard Chartered hosted a spectacular event for its corporate clientele to discuss trends and issues in working capital, cash and liquidity management and how the
Published 26 Feb, 2015 12:00am
FeHova Fair: PBIT facilitates utensils manufacturers & exporters

FeHova Fair: PBIT facilitates utensils manufacturers & exporters

Punjab Board of Investment and Trade (PBIT) facilitated a four-member delegation of Pakistan Cutlery Stainless Utensils Manufacturers and Exporters Association Wazirabad to participate in FeHova Fair 2015, Budapest, Hungary from February 12 to 15. The per
Published 26 Feb, 2015 12:00am
Nation fighting terrorists with full force: chief minister Punjab

Nation fighting terrorists with full force: chief minister Punjab

Punjab Chief Minister Muhammad Shahbaz Sharif has said that political and military leadership and the entire nation was fighting with full force against terrorists, their supporters and facilitators. He said that Afghan refugees residing in Punjab would b
Published 26 Feb, 2015 12:00am
Pakistan Agriculture conference, exhibition from tomorrow

Pakistan Agriculture conference, exhibition from tomorrow

A two-day "Pakistan Agriculture Conference and Exhibition 2015" will be held here at Pak-China Friendship Centre on February 27 and 28 with an aim to promote agriculture industry in Pakistan. The conference will be organised by KMK Global Limited where as
Published 26 Feb, 2015 12:00am
'Influenza can cause severe illness or death'

'Influenza can cause severe illness or death'

Consultant Hospitalist at Shaukat Khanum Memorial Cancer Hospital and Research Centre Dr Syeda Rubab has said that influenza could be fatal, if not tackled with proper care and medicine. Most people recover from fever and other symptoms within a week with
Published 26 Feb, 2015 12:00am
Domestic consumers: PTI rejects imposition of GIDC

Domestic consumers: PTI rejects imposition of GIDC

Pakistan Tehreek-e-Insaf (PTI) provincial leaders have on Wednesday strongly rejected imposition of Gas Infrastructure Development Cess, which the PML-N government is intending to impose on the poor domestic gas consumers. PTI Punjab president Ejaz Chaudh
Published 26 Feb, 2015 12:00am
EPA organises workshop on awareness about Minamata disease

EPA organises workshop on awareness about Minamata disease

Participants of a consultative workshop on `Mercury Dental Amalgam use and its impact on environment' has agreed on the preparation of guidelines for the use of mercury amalgam in consultation with the stakeholders. The workshop was arranged by Environmen
Published 26 Feb, 2015 12:00am
Experts seek government help for patients suffering rare diseases

Experts seek government help for patients suffering rare diseases

Renowned medical experts on Wednesday urged the president, prime minister and the governors, chief ministers and health ministers of all the four provinces to support patients suffering from rare diseases by providing funds so that they could lead a norma
Published 26 Feb, 2015 12:00am
Dastgir says 10,400 megawatts to be added to national grid by 2017

Dastgir says 10,400 megawatts to be added to national grid by 2017

Federal Minister for Commerce Engr. Khurram Dastgir said here on Wednesday that 10,400Megawatts of electricity would be added to the national grid by 2017. "The financial closure of various power projects is going to be made by the end of March, 2015 and
Published 26 Feb, 2015 12:00am
Mushahid for developing institutional memory of Senate

Mushahid for developing institutional memory of Senate

Senator Mushahid Hussain Sayed presided over a meeting of the Special Committee of the Senate Forum for Policy Research (SFPR) Wednesday at Parliament House. The Special Committee of the Senate Forum for Policy Research (SFPR) agreed on a comprehensive wo
Published 26 Feb, 2015 12:00am
Nisar calls for global unity against terrorism

Nisar calls for global unity against terrorism

Minister for Interior and Narcotics Control Chaudhry Nisar Ali Khan here on Wednesday called for international unity against terrorism. Speaking at International Institute for Strategic Studies (IISS) here, the minister said Islam is opposite of terrorism
Published 26 Feb, 2015 12:00am
Senate elections: use of wealth is political terrorism: Siraj

Senate elections: use of wealth is political terrorism: Siraj

Ameer, Jamaat e Islami Pakistan, Siraj-ul-Haq, has termed the use of wealth in the Senate elections as political terrorism and has urged all political parties to unite against the menace. He was speaking at a reception hosted in his honour by the Pakistan
Published 26 Feb, 2015 12:00am
PIB cut-off yield falls up to 60 basis points

PIB cut-off yield falls up to 60 basis points

The cut-off yield of Pakistan Investment Bonds (PIBs) continued to witness a downward trend and declined up to 60 basis points (bps) in the auction held Wednesday. According to SBP, the auction for the sale of Pakistan Investment Bonds for 3-, 5-, 10-, an
Published 26 Feb, 2015 12:00am
PIB cut-off yield falls up to 60 basis points

PIB cut-off yield falls up to 60 basis points

The cut-off yield of Pakistan Investment Bonds (PIBs) continued to witness a downward trend and declined up to 60 basis points (bps) in the auction held Wednesday. According to SBP, the auction for the sale of Pakistan Investment Bonds for 3-, 5-, 10-, an
Published 26 Feb, 2015 12:00am
New radio, mobile sets: Radio Pakistan seeks levy of Rs 4,000 tax

New radio, mobile sets: Radio Pakistan seeks levy of Rs 4,000 tax

Pakistan Broadcasting Corporation (PBC) informed the Public Accounts Committee (PAC) that the corporation has urged the government to levy a radio tax at the rate of Rs 4,000 at the time of registration of new cars and new mobile phones to meet the shorta
Published 26 Feb, 2015 12:00am
Conversion for foreign currency deposits

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
NPLs fall by Rs three billion in CY14

NPLs fall by Rs three billion in CY14

The Non-Performing Loans (NPLs) of the banking industry are showing an optimistic trend as they fell by Rs 3 billion during the last calendar year (CY14). According to State Bank of Pakistan (SBP), net NPLs to net loans ratio also declined by about 1 perc
Published 26 Feb, 2015 12:00am
Currency notes: exchange rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
NPLs fall by Rs three billion in CY14

NPLs fall by Rs three billion in CY14

The Non-Performing Loans (NPLs) of the banking industry are showing an optimistic trend as they fell by Rs 3 billion during the last calendar year (CY14). According to State Bank of Pakistan (SBP), net NPLs to net loans ratio also declined by about 1 perc
Published 26 Feb, 2015 12:00am
EU unveils plans for historic single energy market

EU unveils plans for historic single energy market

The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive body of the
Published 26 Feb, 2015 12:00am
EU unveils plans for historic single energy market

EU unveils plans for historic single energy market

The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive body of the
Published 26 Feb, 2015 12:00am
EU unveils plans for historic single energy market

EU unveils plans for historic single energy market

The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive body of the
Published 26 Feb, 2015 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 Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Index sheds 50 points

Index sheds 50 points

A bearish momentum pervaded the Karachi share market Wednesday with trading volumes remaining significantly low under the lead of bluechips. The KSE-100 share index lost another 50.16 points to close at 33,845.30 points compared to 33,895.46 points Tuesda
Published 26 Feb, 2015 12:00am
Index sheds 50 points

Index sheds 50 points

A bearish momentum pervaded the Karachi share market Wednesday with trading volumes remaining significantly low under the lead of bluechips. The KSE-100 share index lost another 50.16 points to close at 33,845.30 points compared to 33,895.46 points Tuesda
Published 26 Feb, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (February 25, 2015).
Published 26 Feb, 2015 12:00am
Index sheds 50 points

Index sheds 50 points

A bearish momentum pervaded the Karachi share market Wednesday with trading volumes remaining significantly low under the lead of bluechips. The KSE-100 share index lost another 50.16 points to close at 33,845.30 points compared to 33,895.46 points Tuesda
Published 26 Feb, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
BRIndex30 loses by 71.94 points

BRIndex30 loses by 71.94 points

On Wednesday, BRIndex30 opened at 19,476.82 points. It touched an intraday high of 19,558.31 points and an intraday low of 19,388.34 points and closed at 19,404.88 points which was -71.94 points or -0.37 percent lower than previous close. Total volume was
Published 26 Feb, 2015 12:00am
BRIndex30 loses by 71.94 points

BRIndex30 loses by 71.94 points

On Wednesday, BRIndex30 opened at 19,476.82 points. It touched an intraday high of 19,558.31 points and an intraday low of 19,388.34 points and closed at 19,404.88 points which was -71.94 points or -0.37 percent lower than previous close. Total volume was
Published 26 Feb, 2015 12:00am
Marvi Memon appointed BISP chairperson

Marvi Memon appointed BISP chairperson

The government on Wednesday appointed Me-mber National Assembly Marvi Memon as chairperson of Benazir Income Support Programme. Memon's designation would be equivalent to minister of state. The position was lying vacant after Enver Baig resigned from his
Published 26 Feb, 2015 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Marvi Memon appointed BISP chairperson

Marvi Memon appointed BISP chairperson

The government on Wednesday appointed Me-mber National Assembly Marvi Memon as chairperson of Benazir Income Support Programme. Memon's designation would be equivalent to minister of state. The position was lying vacant after Enver Baig resigned from his
Published 26 Feb, 2015 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Marvi Memon appointed BISP chairperson

Marvi Memon appointed BISP chairperson

The government on Wednesday appointed Me-mber National Assembly Marvi Memon as chairperson of Benazir Income Support Programme. Memon''s designation would be equivalent to minister of state. The position was lying vacant after Enver Baig resigned from his
Published 26 Feb, 2015 12:00am
JLI Managed Growth Fund Rates

JLI Managed Growth Fund Rates

Jubilee Life Insurance Managed Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Senate elections: all-party moot on the cards

Senate elections: all-party moot on the cards

The federal government on Wednesday hinted at convening an all-party conference (APC) to replace the 'secret balloting' rule with a show of hands for Senate elections with a view to eliminating the menace of horse-trading. This was stated by senior leader
Published 26 Feb, 2015 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Senate elections: all-party moot on the cards

Senate elections: all-party moot on the cards

The federal government on Wednesday hinted at convening an all-party conference (APC) to replace the 'secret balloting' rule with a show of hands for Senate elections with a view to eliminating the menace of horse-trading. This was stated by senior leader
Published 26 Feb, 2015 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Prime Minister for contacts with political parties

Prime Minister for contacts with political parties

Prime Minister Muhammad Nawaz Sharif Wednesday asked the members of the two committees, formed on 23rd February, to contact different political parties to ensure transparency in Senate elections and discourage horse-trading. In a meeting here at the PM Ho
Published 26 Feb, 2015 12:00am
JLI Capital Growth Fund Rates

JLI Capital Growth Fund Rates

Jubilee Life Insurance Capital Growth Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
Prime Minister for contacts with political parties

Prime Minister for contacts with political parties

Prime Minister Muhammad Nawaz Sharif Wednesday asked the members of the two committees, formed on 23rd February, to contact different political parties to ensure transparency in Senate elections and discourage horse-trading. In a meeting here at the PM Ho
Published 26 Feb, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
PTI to form government: Imran

PTI to form government: Imran

Declaring 2015 "the year of general election", Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has claimed that his party will form government in Centre after success in polls. Imran, who is currently on a visit to Dubai, stated this while talking to m
Published 26 Feb, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
PTI to form government: Imran

PTI to form government: Imran

Declaring 2015 "the year of general election", Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan has claimed that his party will form government in Centre after success in polls. Imran, who is currently on a visit to Dubai, stated this while talking to m
Published 26 Feb, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (February 25, 2015).

Published 26 Feb, 2015 12:00am
ISI chief heads to US amid Afghan Taliban talks push

ISI chief heads to US amid Afghan Taliban talks push

Powerful spy chief has left on an official trip to the United States, the military said Wednesday, with possible peace talks between Afghanistan and the Afghan Taliban likely to be on the agenda. It is Lieutenant General Rizwan Akhtar's first official vis
Published 26 Feb, 2015 12:00am
ISI chief heads to US amid Afghan Taliban talks push

ISI chief heads to US amid Afghan Taliban talks push

Powerful spy chief has left on an official trip to the United States, the military said Wednesday, with possible peace talks between Afghanistan and the Afghan Taliban likely to be on the agenda. It is Lieutenant General Rizwan Akhtar's first official vis
Published 26 Feb, 2015 12:00am
India removes coast guard officer

India removes coast guard officer

A senior coast guard officer has reportedly been removed from his post after he contradicted the Indian government and said coast guard personnel had destroyed a Pakistani "terror boat" last year. Press Trust of India quotes unnamed coast guard officials
Published 26 Feb, 2015 12:00am
India removes coast guard officer

India removes coast guard officer

A senior coast guard officer has reportedly been removed from his post after he contradicted the Indian government and said coast guard personnel had destroyed a Pakistani "terror boat" last year. Press Trust of India quotes unnamed coast guard officials
Published 26 Feb, 2015 12:00am
IP gas pipeline: Iran buckles under force majeure pressure

IP gas pipeline: Iran buckles under force majeure pressure

Pakistan and Iran have agreed on a two-year extension in completion of Iran-Pakistan (IP) gas pipeline project, it is learnt. Official sources told Business Recorder here on Wednesday that Iran agreed to an extension only Pakistan invoked force maj
Published 26 Feb, 2015 12:00am
IP gas pipeline: Iran buckles under force majeure pressure

IP gas pipeline: Iran buckles under force majeure pressure

Pakistan and Iran have agreed on a two-year extension in completion of Iran-Pakistan (IP) gas pipeline project, it is learnt. Official sources told Business Recorder here on Wednesday that Iran agreed to an extension only Pakistan invoked force maj
Published 26 Feb, 2015 12:00am
IP gas pipeline: Iran buckles under force majeure pressure

IP gas pipeline: Iran buckles under force majeure pressure

Pakistan and Iran have agreed on a two-year extension in completion of Iran-Pakistan (IP) gas pipeline project, it is learnt. Official sources told Business Recorder here on Wednesday that Iran agreed to an extension only Pakistan invoked force maj
Published 26 Feb, 2015 12:00am
Hydropower project: KPK government held responsible for delay

Hydropower project: KPK government held responsible for delay

Minister of State for Water and Power Abid Sher Ali said on Wednesday that funding for 4300MW Dasu hydropower project is available but Khyber Pakhtunkhawa (KPK) is not extending help towards land procurement. He was briefing National Assembly's Standing C
Published 26 Feb, 2015 12:00am
Hydropower project: KPK government held responsible for delay

Hydropower project: KPK government held responsible for delay

Minister of State for Water and Power Abid Sher Ali said on Wednesday that funding for 4300MW Dasu hydropower project is available but Khyber Pakhtunkhawa (KPK) is not extending help towards land procurement. He was briefing National Assembly's Standing C
Published 26 Feb, 2015 12:00am
Hydropower project: KPK government held responsible for delay

Hydropower project: KPK government held responsible for delay

Minister of State for Water and Power Abid Sher Ali said on Wednesday that funding for 4300MW Dasu hydropower project is available but Khyber Pakhtunkhawa (KPK) is not extending help towards land procurement. He was briefing National Assembly''s Standing
Published 26 Feb, 2015 12:00am
ISE index drops by 23.88 points

ISE index drops by 23.88 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Wednesday where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 23.88 points as the ISE Ten Index moved from 3,970.82 to 3,946.94 points. The o
Published 26 Feb, 2015 12:00am
ISE index drops by 23.88 points

ISE index drops by 23.88 points

Bears retuned in the driving seat at the Islamabad Stock Exchange (ISE) on Wednesday where losers outclassed gainers amid decrease in index. ISE Ten Index showed a decrease of 23.88 points as the ISE Ten Index moved from 3,970.82 to 3,946.94 points. The o
Published 26 Feb, 2015 12:00am
LSE index down by 19.44 points

LSE index down by 19.44 points

Profit taking in oil sector Wednesday led the LSE-25 index down by 19.44 points to end at 6061.87 against 6081.31 of Tuesday while transaction volume was soared to 3.751 million shares compared with day earlier volume of 1.334 million shares traded on the
Published 26 Feb, 2015 12:00am
LSE index down by 19.44 points

LSE index down by 19.44 points

Profit taking in oil sector Wednesday led the LSE-25 index down by 19.44 points to end at 6061.87 against 6081.31 of Tuesday while transaction volume was soared to 3.751 million shares compared with day earlier volume of 1.334 million shares traded on the
Published 26 Feb, 2015 12:00am
Moin apologises to fans for casino visit

Moin apologises to fans for casino visit

Chief selector Moin Khan Wednesday apologised for going to a New Zealand casino on the eve of a crucial World Cup match, an "inappropriate" visit which has seen him sent home from the tournament. Moin said he was sorry that his actions had offended millio
Published 26 Feb, 2015 12:00am
Moin apologises to fans for casino visit

Moin apologises to fans for casino visit

Chief selector Moin Khan Wednesday apologised for going to a New Zealand casino on the eve of a crucial World Cup match, an "inappropriate" visit which has seen him sent home from the tournament. Moin said he was sorry that his actions had offended millio
Published 26 Feb, 2015 12:00am
New radio, mobile sets: Radio Pakistan seeks levy of Rs 4,000 tax

New radio, mobile sets: Radio Pakistan seeks levy of Rs 4,000 tax

Pakistan Broadcasting Corporation (PBC) informed the Public Accounts Committee (PAC) that the corporation has urged the government to levy a radio tax at the rate of Rs 4,000 at the time of registration of new cars and new mobile phones to meet the shorta
Published 26 Feb, 2015 12:00am
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