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Apr 11, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-03-12
Mobile Banking: Stage is set

Mobile Banking: Stage is set

Against every individual bank account in Pakistan, there are more than five mobile phone subscriptions. Such is the potential of deploying cellular connectivity to meet higher banking penetration and usage. That's mobile banking for you: exploring and uti
Published 12 Mar, 2015 12:00am
Good customer service is more profitable than a bad one

Good customer service is more profitable than a bad one

We all know now that the Mobile commerce allows us to use wireless handheld devices such as cellular phones, laptops and other Internet-enabled gadgets to conduct commercial transactions online. These transactions include the purchase and sale of a wide r
Published 12 Mar, 2015 12:00am
Payments industry frauds - are you really prepared?

Payments industry frauds - are you really prepared?

Banks, Telcos and other Financial Institutions in Pakistan and globally are innovating and launching new electronic payment services at a promising pace, however, fraudsters on the other hand are also coming up with inventive tactics at a steady pace, to
Published 12 Mar, 2015 12:00am
Mobile callers can now receive free legal advice

Mobile callers can now receive free legal advice

A call center success story: Call centers, also referred to as Contact centers, play a vital role for both the customers and service providers in making the effective delivery of information and services possible to a dispersed customer base. Usually, a p
Published 12 Mar, 2015 12:00am
The Cost of Success

The Cost of Success

Oftentimes in the vigilant pursuit of immediate success, the biggest sacrifice we make is sustainability of the business in the long term. Such a dilemma currently plagues our Telecom Value Added Services market which admirably is governed by a very noble
Published 12 Mar, 2015 12:00am
1LINK (Guarantee) Limited

1LINK (Guarantee) Limited

Since its inception 1LINK has focused on the people of Pakistan, empowering them with the most relevant e-payment modes and services that enable them to do transactions in real time. 1Link is also recognised as the largest interbank payment network servic
Published 12 Mar, 2015 12:00am
7 Rungs to the Top

7 Rungs to the Top

Pakistan is ranked 7th in the enabling environment for financial inclusion*. In a country where less than 15% people have become banked in 65 years, the ranking is enigmatic. The ranking shows us the readiness to enable the next 70 million to engage with
Published 12 Mar, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 12 Mar, 2015 12:00am
New York cotton

New York cotton

The fluctuations observed during the day:

Published 12 Mar, 2015 12:00am
State Bank of Pakistan conversion rates

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 12 Mar, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 12 Mar, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Wednesday (March 11, 2015).

Published 12 Mar, 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 (March 11, 2015).

Published 12 Mar, 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 (March 11, 2015).

Published 12 Mar, 2015 12:00am
Rangers raid 'Nine-Zero'

Rangers raid 'Nine-Zero'

Rangers on Wednesday launched a predawn raid on MQM's central office, detaining "hardcore criminals" and seizing arms of prohibited bores. MQM, however, termed the Rangers raid 'ruthless' and 'illegal', saying that veiled Rangers "vandalised" the entire s
Published 12 Mar, 2015 12:00am
Rangers raid 'Nine-Zero'

Rangers raid 'Nine-Zero'

Rangers on Wednesday launched a predawn raid on MQM's central office, detaining "hardcore criminals" and seizing arms of prohibited bores. MQM, however, termed the Rangers raid 'ruthless' and 'illegal', saying that veiled Rangers "vandalised" the entire s
Published 12 Mar, 2015 12:00am
Prime Minister, army chief asked to explain role of Rangers

Prime Minister, army chief asked to explain role of Rangers

The Muttahida Qaumi Movement (MQM) on Wednesday asked Prime Minister Nawaz Sharif and Chief of Army Staff General Raheel Sahrif to explain the role of Rangers in Karachi before it boycotted the Senate session in protest against a raid by Rangers on the pa
Published 12 Mar, 2015 12:00am
Prime Minister, army chief asked to explain role of Rangers

Prime Minister, army chief asked to explain role of Rangers

The Muttahida Qaumi Movement (MQM) on Wednesday asked Prime Minister Nawaz Sharif and Chief of Army Staff General Raheel Sahrif to explain the role of Rangers in Karachi before it boycotted the Senate session in protest against a raid by Rangers on the pa
Published 12 Mar, 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 (March 11, 2015).

Published 12 Mar, 2015 12:00am
Altaf speaks to Zardari

Altaf speaks to Zardari

Leader of Muttahida Quami Movement. Altaf Hussain telephoned former resident and Co-Chairman Pakistan People's Party Asif Ali Zardari and briefed him about the "illegal" and "arbitrary" raid on MQM headquarters Nine-Zero and his elder sister's house.
Published 12 Mar, 2015 12:00am
Altaf speaks to Zardari

Altaf speaks to Zardari

Leader of Muttahida Quami Movement. Altaf Hussain telephoned former resident and Co-Chairman Pakistan People's Party Asif Ali Zardari and briefed him about the "illegal" and "arbitrary" raid on MQM headquarters Nine-Zero and his elder sister's house.
Published 12 Mar, 2015 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 11, 2015).
Published 12 Mar, 2015 12:00am
BIT with US only if it's in country's interest: Dastgir

BIT with US only if it's in country's interest: Dastgir

Commerce Minister Khurram Dastgir said Wednesday that the government would not sign Bilateral Investment Treaty (BIT) with US unless it feels that it is in the best interest of the country. Talking to media after report launch on 'multiple inequalities an
Published 12 Mar, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (March 11, 2015).

Published 12 Mar, 2015 12:00am
BIT with US only if it's in country's interest: Dastgir

BIT with US only if it's in country's interest: Dastgir

Commerce Minister Khurram Dastgir said Wednesday that the government would not sign Bilateral Investment Treaty (BIT) with US unless it feels that it is in the best interest of the country. Talking to media after report launch on 'multiple inequalities an
Published 12 Mar, 2015 12:00am
BIT with US only if it''s in country''s interest: Dastgir

BIT with US only if it''s in country''s interest: Dastgir

Commerce Minister Khurram Dastgir said Wednesday that the government would not sign Bilateral Investment Treaty (BIT) with US unless it feels that it is in the best interest of the country. Talking to media after report launch on ''multiple inequalities a
Published 12 Mar, 2015 12:00am
Tax structure: government hints at removing hurdles

Tax structure: government hints at removing hurdles

The government has hinted that it would remove existing hurdles in the tax structure to facilitate foreign investment after the top US trade diplomat raised serious concerns over the prevalent unfair taxation system and bureaucratic obstacles. Commerce Mi
Published 12 Mar, 2015 12:00am
Tax structure: government hints at removing hurdles

Tax structure: government hints at removing hurdles

The government has hinted that it would remove existing hurdles in the tax structure to facilitate foreign investment after the top US trade diplomat raised serious concerns over the prevalent unfair taxation system and bureaucratic obstacles. Commerce Mi
Published 12 Mar, 2015 12:00am
Tax structure: government hints at removing hurdles

Tax structure: government hints at removing hurdles

The government has hinted that it would remove existing hurdles in the tax structure to facilitate foreign investment after the top US trade diplomat raised serious concerns over the prevalent unfair taxation system and bureaucratic obstacles. Commerce Mi
Published 12 Mar, 2015 12:00am
KSE stays volatile

KSE stays volatile

Amid an uncertain situation in the city, the Karachi share market witnessed another volatile session Wednesday and the KSE-100 index lost 27 points on weak earnings outlook. Equities shed 367 points, nose-diving to 32,199.63 points in the intraday trade b
Published 12 Mar, 2015 12:00am
KSE stays volatile

KSE stays volatile

Amid an uncertain situation in the city, the Karachi share market witnessed another volatile session Wednesday and the KSE-100 index lost 27 points on weak earnings outlook. Equities shed 367 points, nose-diving to 32,199.63 points in the intraday trade b
Published 12 Mar, 2015 12:00am
KSE stays volatile

KSE stays volatile

Amid an uncertain situation in the city, the Karachi share market witnessed another volatile session Wednesday and the KSE-100 index lost 27 points on weak earnings outlook. Equities shed 367 points, nose-diving to 32,199.63 points in the intraday trade b
Published 12 Mar, 2015 12:00am
BRIndex30 up 18.65 points

BRIndex30 up 18.65 points

On Wednesday, BRIndex30 opened at 18,697.47 points. It touched an intraday high of 18,794.01 points and an intraday low of 18,392.47 points and closed at 18,716.12 points which was 18.65 points or 0.1 percent higher than previous close. Total volume was 1
Published 12 Mar, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (March 11, 2015).

Published 12 Mar, 2015 12:00am
BRIndex30 up 18.65 points

BRIndex30 up 18.65 points

On Wednesday, BRIndex30 opened at 18,697.47 points. It touched an intraday high of 18,794.01 points and an intraday low of 18,392.47 points and closed at 18,716.12 points which was 18.65 points or 0.1 percent higher than previous close. Total volume was 1
Published 12 Mar, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (March 11, 2015).

Published 12 Mar, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (March 11, 2015).

Published 12 Mar, 2015 12:00am
Karachi-Lahore Motorway: Nawaz performs ground-breaking

Karachi-Lahore Motorway: Nawaz performs ground-breaking

Prime Minister Nawaz Sharif has expressed his government's resolve to address the challenges of terrorism, energy and economy. He was addressing the ground-breaking ceremony of Karachi-Hyderabad Motorway as part of the overall project of Karachi-Lahore Mo
Published 12 Mar, 2015 12:00am
Karachi-Lahore Motorway: Nawaz performs ground-breaking

Karachi-Lahore Motorway: Nawaz performs ground-breaking

Prime Minister Nawaz Sharif has expressed his government's resolve to address the challenges of terrorism, energy and economy. He was addressing the ground-breaking ceremony of Karachi-Hyderabad Motorway as part of the overall project of Karachi-Lahore Mo
Published 12 Mar, 2015 12:00am
Karachi-Lahore Motorway: Nawaz performs ground-breaking

Karachi-Lahore Motorway: Nawaz performs ground-breaking

Prime Minister Nawaz Sharif has expressed his government''s resolve to address the challenges of terrorism, energy and economy. He was addressing the ground-breaking ceremony of Karachi-Hyderabad Motorway as part of the overall project of Karachi-Lahore M
Published 12 Mar, 2015 12:00am
CCoP may approve HEC sell-off today

CCoP may approve HEC sell-off today

Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on Thursday (today), is expected to approve privatisation of Heavy Electrical Complex (HEC) as the company's liabilities have crossed Rs 1.6 billion, well informed sources told Busin
Published 12 Mar, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 12 Mar, 2015 12:00am
CCoP may approve HEC sell-off today

CCoP may approve HEC sell-off today

Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on Thursday (today), is expected to approve privatisation of Heavy Electrical Complex (HEC) as the company's liabilities have crossed Rs 1.6 billion, well informed sources told Busin
Published 12 Mar, 2015 12:00am
CCoP may approve HEC sell-off today

CCoP may approve HEC sell-off today

Cabinet Committee on Privatisation (CCoP), which is scheduled to meet on Thursday (today), is expected to approve privatisation of Heavy Electrical Complex (HEC) as the company''s liabilities have crossed Rs 1.6 billion, well informed sources told Busi
Published 12 Mar, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 12 Mar, 2015 12:00am
US slaps sanctions on Ukrainian rebels, Russian bank

US slaps sanctions on Ukrainian rebels, Russian bank

The United States on Tuesday placed sanctions on eight Ukrainian separatists and a Russian bank, warning that recent attacks by rebels armed by Russia violated a European-brokered cease-fire in the war-torn country. The sanctions signal Washington is ratc
Published 12 Mar, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Mar, 2015 12:00am
US slaps sanctions on Ukrainian rebels, Russian bank

US slaps sanctions on Ukrainian rebels, Russian bank

The United States on Tuesday placed sanctions on eight Ukrainian separatists and a Russian bank, warning that recent attacks by rebels armed by Russia violated a European-brokered cease-fire in the war-torn country. The sanctions signal Washington is ratc
Published 12 Mar, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 12 Mar, 2015 12:00am
US slaps sanctions on Ukrainian rebels, Russian bank

US slaps sanctions on Ukrainian rebels, Russian bank

The United States on Tuesday placed sanctions on eight Ukrainian separatists and a Russian bank, warning that recent attacks by rebels armed by Russia violated a European-brokered cease-fire in the war-torn country. The sanctions signal Washington is ratc
Published 12 Mar, 2015 12:00am
49.5 megawatts wind power project inaugurated

49.5 megawatts wind power project inaugurated

Federal Minister for Water and Power, Khwaja Muhammad Asif here on Wednesday said that only those areas of the country experience more power loadshedding than the hours announced by the government where recovery to the discos is very low mainly because of
Published 12 Mar, 2015 12:00am
LSE index witnesses marginal decline

LSE index witnesses marginal decline

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday, as equities moved both ways and finally settled in green zone amid slightly improved trading turnover. The LSE-25 index witnessed a marginal decline of 2.97 points and closed at 5786.14
Published 12 Mar, 2015 12:00am
LSE index witnesses marginal decline

LSE index witnesses marginal decline

Mixed sentiments prevailed on the Lahore Stock Exchange on Wednesday, as equities moved both ways and finally settled in green zone amid slightly improved trading turnover. The LSE-25 index witnessed a marginal decline of 2.97 points and closed at 5786.14
Published 12 Mar, 2015 12:00am
Prime Minister seeks foreign investment in power sector

Prime Minister seeks foreign investment in power sector

Prime Minister Muhammad Nawaz Sharif on Wednesday said his government was working on several short and long term projects for power generation and welcomed the keen interest of foreign investors in the key sector. He was talking to a delegation of China T
Published 12 Mar, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 11, 2015).

Published 12 Mar, 2015 12:00am
Prime Minister seeks foreign investment in power sector

Prime Minister seeks foreign investment in power sector

Prime Minister Muhammad Nawaz Sharif on Wednesday said his government was working on several short and long term projects for power generation and welcomed the keen interest of foreign investors in the key sector. He was talking to a delegation of China T
Published 12 Mar, 2015 12:00am
Prime Minister seeks foreign investment in power sector

Prime Minister seeks foreign investment in power sector

Prime Minister Muhammad Nawaz Sharif on Wednesday said his government was working on several short and long term projects for power generation and welcomed the keen interest of foreign investors in the key sector. He was talking to a delegation of China T
Published 12 Mar, 2015 12:00am
Police not authorised to procure APCs: Supreme Court

Police not authorised to procure APCs: Supreme Court

The Supreme Court on Wednesday sought by March 12 (today) the copies of summaries pertaining to the approval granted by Sindh Chief Minister, Federal Board of Revenue and provincial Interior Ministry for purchasing armoured personnel carriers (APCs) worth
Published 12 Mar, 2015 12:00am
Police not authorised to procure APCs: Supreme Court

Police not authorised to procure APCs: Supreme Court

The Supreme Court on Wednesday sought by March 12 (today) the copies of summaries pertaining to the approval granted by Sindh Chief Minister, Federal Board of Revenue and provincial Interior Ministry for purchasing armoured personnel carriers (APCs) worth
Published 12 Mar, 2015 12:00am
Kerry says Congress cannot modify any Iran-US Nuclear agreement

Kerry says Congress cannot modify any Iran-US Nuclear agreement

US Secretary of State John Kerry told US lawmakers on Wednesday they would not be able to modify any nuclear agreement struck between the United States and Iran despite threats by Republican senators. In congressional testimony, Kerry said he responded wi
Published 12 Mar, 2015 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

The rupee dropped modestly against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee slipped by four-paisa in terms of the dollar for buying and selling at Rs 101.78 and Rs 101.80 respectively, they said.
Published 12 Mar, 2015 12:00am
Kerry says Congress cannot modify any Iran-US Nuclear agreement

Kerry says Congress cannot modify any Iran-US Nuclear agreement

US Secretary of State John Kerry told US lawmakers on Wednesday they would not be able to modify any nuclear agreement struck between the United States and Iran despite threats by Republican senators. In congressional testimony, Kerry said he responded wi
Published 12 Mar, 2015 12:00am
THE RUPEE: falling trend

THE RUPEE: falling trend

The rupee dropped modestly against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee slipped by four-paisa in terms of the dollar for buying and selling at Rs 101.78 and Rs 101.80 respectively, they said.
Published 12 Mar, 2015 12:00am
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