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Dec 05, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-04-20
Government urged to reduce rates of taxes

Government urged to reduce rates of taxes

Business community has urged the government to reduce the rates of sales tax, withholding tax and other taxes in upcoming budget. Speaking a pre-budget seminar organised by the Hyderabad Chamber of commerce and Industry with collaboration of Institute of
Published 20 Apr, 2015 12:00am
Arrest warrant issued for five suspects

Arrest warrant issued for five suspects

A non-bailable arrest warrant has been issued for at least five alleged suspects including two former ministers of Pakistan People's Party (PPP) in Balochistan constabulary weapons stealing case. An arrest warrant was issued for Sadiq Imrani, Ali Madad Ch
Published 20 Apr, 2015 12:00am
PBA condemns murder

PBA condemns murder

The Pakistan Broadcasters Association (PBA) has strongly condemned the heinous murder of Masood Hamid, Director Marketing of Dawn Media Group and former Secretary General of APNS, in Karachi on Friday. The PBA on behalf of its members expresses deep sympa
Published 20 Apr, 2015 12:00am
Shahab Zubairi condoles death

Shahab Zubairi condoles death

Shahab Zubairi, President Digital Publishers Association of Pakistan, has expressed profound grief on behalf of DPAP over the sad demise of Masood Hamid, Director Marketing Dawn Media Group and founding president of DPAP, who passed away on Friday April 1
Published 20 Apr, 2015 12:00am
KPT development manager dies

KPT development manager dies

The KPT General Manager of Planning and Development, Ghulam Ali Memon, has left many of his colleagues and family members crying while succumbing to his eternal destination on Saturday night. He was a man of great potentials and it was under his dynamic l
Published 20 Apr, 2015 12:00am
ECP members must resign before appearing in JC: Dilshad

ECP members must resign before appearing in JC: Dilshad

Former Secretary Election Commission Kanwar Dilshad has said that members of the Election Commission of Pakistan should resign from their positions before appearing before the Judicial Commission investigating the alleged rigging in 2013 elections. In an
Published 20 Apr, 2015 12:00am
APNS expresses grief over death of Masood Hamid

APNS expresses grief over death of Masood Hamid

Hameed Haroon, President and Sarmad Ali, Secretary General of the All Pakistan Newspapers Society (APNS), have expressed their profound grief on behalf of the office-bearers and the executive committee of the Society over the sad and untimely death of Mas
Published 20 Apr, 2015 12:00am
JUI-F issues 2,000 tickets for LB polls in KP

JUI-F issues 2,000 tickets for LB polls in KP

JUI-F Khyber Pakhtunkhwa has issued 2000 party tickets for the upcoming local bodies' polls scheduled on May 30. The tickets have been issued in line with electoral alliance of Tri-partite Alliance. The general secretary JUI-F, Khyber Pakhtunkhwa, Maulana
Published 20 Apr, 2015 12:00am
Essential items: mixed trend witnessed in prices

Essential items: mixed trend witnessed in prices

Prices of essential kitchen items, have witnessed mixed trend in the market, as rate of vegetable registered fall, while food grains, chicken and sugar, and other items remained stable during the preceding week, according to weekly survey conducted by
Published 20 Apr, 2015 12:00am
Thousands of farmers rally against Modi

Thousands of farmers rally against Modi

India's beleaguered opposition leader Rahul Gandhi on Sunday led thousands of angry farmers in a protest in the capital against Prime Minister Narendra Modi's controversial overhaul of laws on land-buying. Congress leader Gandhi accused Modi of being beho
Published 20 Apr, 2015 12:00am
Thousands of farmers rally against Modi

Thousands of farmers rally against Modi

India's beleaguered opposition leader Rahul Gandhi on Sunday led thousands of angry farmers in a protest in the capital against Prime Minister Narendra Modi's controversial overhaul of laws on land-buying. Congress leader Gandhi accused Modi of being beho
Published 20 Apr, 2015 12:00am
Iran and Afghanistan announce security co-operation against IS

Iran and Afghanistan announce security co-operation against IS

Afghanistan and Iran announced Sunday plans for enhanced security co-operation to combat threats from the Islamic State group, including possible joint military operations. Standing alongside visiting Afghan leader Ashraf Ghani, Iran's President Hassan Ro
Published 20 Apr, 2015 12:00am
Iran and Afghanistan announce security co-operation against IS

Iran and Afghanistan announce security co-operation against IS

Afghanistan and Iran announced Sunday plans for enhanced security co-operation to combat threats from the Islamic State group, including possible joint military operations. Standing alongside visiting Afghan leader Ashraf Ghani, Iran's President Hassan Ro
Published 20 Apr, 2015 12:00am
Fury as 700 feared dead in 'avoidable' Med shipwreck

Fury as 700 feared dead in 'avoidable' Med shipwreck

Up to 700 people were feared drowned Sunday after an overcrowded boat smuggling them to Europe capsized off Libya in the latest and deadliest in a long list of migrant disasters in the Mediterranean. Italy's coastguard, which was co-ordinating the search
Published 20 Apr, 2015 12:00am
Fury as 700 feared dead in 'avoidable' Med shipwreck

Fury as 700 feared dead in 'avoidable' Med shipwreck

Up to 700 people were feared drowned Sunday after an overcrowded boat smuggling them to Europe capsized off Libya in the latest and deadliest in a long list of migrant disasters in the Mediterranean. Italy's coastguard, which was co-ordinating the search
Published 20 Apr, 2015 12:00am
Houthi leader accuses Saudi Arabia of seeking to invade

Houthi leader accuses Saudi Arabia of seeking to invade

The leader of Yemen's Iranian-allied Houthi militia accused Saudi Arabia on Sunday of plotting to seize the country, in a fiery speech suggesting he was in no mood to compromise despite more than three weeks of Saudi-led bombing.
Published 20 Apr, 2015 12:00am
Volkswagen exploring new budget models for China

Volkswagen exploring new budget models for China

Volkswagen is exploring the possibility of developing budget sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) in China in a bid to keep up with shifts in the market, its China chief executive, Jochem Heizmann, said on Sunday.
Published 20 Apr, 2015 12:00am
Egypt arm of Emaar reports big profit increase

Egypt arm of Emaar reports big profit increase

Emaar Misr, the Egyptian arm of Dubai developer Emaar Properties, on Sunday reported a big jump in first-quarter profits, supported by strong revenue growth. The subsidiary of Dubai's largest real estate developer said profits reached 172.7 million Egypti
Published 20 Apr, 2015 12:00am
Futures spreads up by 59 basis points

Futures spreads up by 59 basis points

Futures spread remained in the positive zone by gaining 59 basis points to 10.62 percent compared to 10.03 percent of the preceding week. The week under review saw the average trading volume increasing by 9.2 percent to 40.98 million shares from 37.54 mil
Published 20 Apr, 2015 12:00am
Futures spreads up by 59 basis points

Futures spreads up by 59 basis points

Futures spread remained in the positive zone by gaining 59 basis points to 10.62 percent compared to 10.03 percent of the preceding week. The week under review saw the average trading volume increasing by 9.2 percent to 40.98 million shares from 37.54 mil
Published 20 Apr, 2015 12:00am
Futures spreads up by 59 basis points

Futures spreads up by 59 basis points

Futures spread remained in the positive zone by gaining 59 basis points to 10.62 percent compared to 10.03 percent of the preceding week. The week under review saw the average trading volume increasing by 9.2 percent to 40.98 million shares from 37.54 mil
Published 20 Apr, 2015 12:00am
Futures spreads up by 59 basis points

Futures spreads up by 59 basis points

Futures spread remained in the positive zone by gaining 59 basis points to 10.62 percent compared to 10.03 percent of the preceding week. The week under review saw the average trading volume increasing by 9.2 percent to 40.98 million shares from 37.54 mil
Published 20 Apr, 2015 12:00am
Positive sentiment persists

Positive sentiment persists

The Karachi stocks market ended the week on a positive note with KSE-100 index gaining 2.7 percent to close at 33,235 points compared to 32,351 of the preceding week. The daily trading volumes averaged on 296 million shares, registering an increase of 23
Published 20 Apr, 2015 12:00am
Positive sentiment persists

Positive sentiment persists

The Karachi stocks market ended the week on a positive note with KSE-100 index gaining 2.7 percent to close at 33,235 points compared to 32,351 of the preceding week. The daily trading volumes averaged on 296 million shares, registering an increase of 23
Published 20 Apr, 2015 12:00am
Positive sentiment persists

Positive sentiment persists

The Karachi stocks market ended the week on a positive note with KSE-100 index gaining 2.7 percent to close at 33,235 points compared to 32,351 of the preceding week. The daily trading volumes averaged on 296 million shares, registering an increase of 23
Published 20 Apr, 2015 12:00am
Profound, historic welcome awaits Xi

Profound, historic welcome awaits Xi

The government has finalised all the arrangements to give a red-carpet welcome to Chinese President Xi Jinping on Monday (today) on his arrival in Pakistan on a two-day visit with Army to handle the overall security of his visit. The entire route from Air
Published 20 Apr, 2015 12:00am
Profound, historic welcome awaits Xi

Profound, historic welcome awaits Xi

The government has finalised all the arrangements to give a red-carpet welcome to Chinese President Xi Jinping on Monday (today) on his arrival in Pakistan on a two-day visit with Army to handle the overall security of his visit. The entire route from Air
Published 20 Apr, 2015 12:00am
How does Beijing look at Islamabad?

How does Beijing look at Islamabad?

Chinese President Xi Jinping has said that Pakistan and China should stand shoulder to shoulder and work hand in hand to open up an even brighter future of bilateral relations. In an article on the eve of his visit to Pakistan, the Chinese President wrote
Published 20 Apr, 2015 12:00am
How does Beijing look at Islamabad?

How does Beijing look at Islamabad?

Chinese President Xi Jinping has said that Pakistan and China should stand shoulder to shoulder and work hand in hand to open up an even brighter future of bilateral relations. In an article on the eve of his visit to Pakistan, the Chinese President wrote
Published 20 Apr, 2015 12:00am
How does Beijing look at Islamabad?

How does Beijing look at Islamabad?

Chinese President Xi Jinping has said that Pakistan and China should stand shoulder to shoulder and work hand in hand to open up an even brighter future of bilateral relations. In an article on the eve of his visit to Pakistan, the Chinese President wrote
Published 20 Apr, 2015 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee recovered modestly against the dollar on the currency market during the week, ended on April 18, 2015. In the interbank market, the rupee gained 35 paisa in relation to the dollar for buying and selling at Rs 101.50 and Rs 101.55.
Published 20 Apr, 2015 12:00am
THE RUPEE: firm trend

THE RUPEE: firm trend

The rupee recovered modestly against the dollar on the currency market during the week, ended on April 18, 2015. In the interbank market, the rupee gained 35 paisa in relation to the dollar for buying and selling at Rs 101.50 and Rs 101.55.
Published 20 Apr, 2015 12:00am
Imran too puts up highly impressive show

Imran too puts up highly impressive show

Pakistan Tehreek-e-Insaf Chairman Imran Khan has said that without disbanding 'militant wings' of political parties, lasting peace could not be restored in the city. He was addressing a public meeting at Shahrah-e-Pakistan on Sunday night. The meeting was
Published 20 Apr, 2015 12:00am
Imran too puts up highly impressive show

Imran too puts up highly impressive show

Pakistan Tehreek-e-Insaf Chairman Imran Khan has said that without disbanding 'militant wings' of political parties, lasting peace could not be restored in the city. He was addressing a public meeting at Shahrah-e-Pakistan on Sunday night. The meeting was
Published 20 Apr, 2015 12:00am
Rs 7.5 billion special package for Army

Rs 7.5 billion special package for Army

Ministry of Finance is said to have already made an allocation of a $750 million (approximately Rs 7.5 billion) special development package for Pakistan army which will jack up the current defence budget from Rs700. 2 billion to Rs 707.7 billion. Four Rus
Published 20 Apr, 2015 12:00am
Rs 7.5 billion special package for Army

Rs 7.5 billion special package for Army

Ministry of Finance is said to have already made an allocation of a $750 million (approximately Rs 7.5 billion) special development package for Pakistan army which will jack up the current defence budget from Rs700. 2 billion to Rs 707.7 billion. Four Rus
Published 20 Apr, 2015 12:00am
Rs 7.5 billion special package for Army

Rs 7.5 billion special package for Army

Ministry of Finance is said to have already made an allocation of a $750 million (approximately Rs 7.5 billion) special development package for Pakistan army which will jack up the current defence budget from Rs700. 2 billion to Rs 707.7 billion. Four Rus
Published 20 Apr, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (April 19, 2015) and the forecast for Monday (April 20, 2015).

Published 20 Apr, 2015 12:00am
Your rupee last week

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (April 13 to 17, 2015).

Published 20 Apr, 2015 12:00am
PMA Kakul: 15 Baloch cadets pass out

PMA Kakul: 15 Baloch cadets pass out

As many as 15 Baloch cadets passed out of Pakistan Military Academy (PMA) in the 132nd passing out parade held at Kakul, Abbottabad yesterday, Director General, ISPR, Asim Saleem Bajwa tweeted on social media on Sunday. He said these 15 Baloch cadets were
Published 20 Apr, 2015 12:00am
Peshawar Walled City heritage: Call to prepare comprehensive project

Peshawar Walled City heritage: Call to prepare comprehensive project

Expressing satisfaction over ongoing restoration and preservation work on the historic Gor Khatree Archaeological Complex, Additional Chief Secretary (ACS) Khyber Pakhtunkhwa, Dr Hammad Owais Agha, directed the Directorate of Archaeology and Museums to pr
Published 20 Apr, 2015 12:00am
SIMAP's financial affairs: Ministry reluctant to hold inquiry

SIMAP's financial affairs: Ministry reluctant to hold inquiry

Ministry of Commerce (MoC) ) is reportedly not interested in appointment of administrator and conducting impartial inquiry into the financial affairs of Surgical Instrument Manufacturers Association of Pakistan (SIMAP), Sialkot despite receiving complaint
Published 20 Apr, 2015 12:00am
Dar briefs Novelli about economic Performance

Dar briefs Novelli about economic Performance

Minister for Finance, Ishaq Dar has met Under Secretary of State, Catherine Novelli and briefed her about the performance of Pakistan economy during last 22 months. A statement issued by the Ministry of Finance here on Sunday said that minister apprised t
Published 20 Apr, 2015 12:00am
Zahid Shinwari made chairman PHSADC

Zahid Shinwari made chairman PHSADC

Renowned industrialist and Senior Vice President, Pakistan Afghanistan Joint Chamber of Commerce & Industry (PAJCCI), and former president, Khyber Pakhtunkhwa Chamber of Commerce & Industry (KPCCI), Zahidullah Shinwari has been made chairman Pakistan Hunt
Published 20 Apr, 2015 12:00am
Forex reserves may hit a historic high this year: Dar

Forex reserves may hit a historic high this year: Dar

Amid growing international confidence in Islamabad's economic direction, foreign exchange reserves have risen to $17.67 billion and are expected to hit a historic high this year, Finance Minister Mohammad Ishaq Dar said. Currently, the State Bank of Pakis
Published 20 Apr, 2015 12:00am
Cyber crime law

Cyber crime law

This refers Business Recorder's editorial 'A deeply flawed draft bill' carried by the newspaper on Saturday. It had been plausibly argued that "the draft law gives the government arbitrary powers to block any website or punish any user of a social media p
Published 20 Apr, 2015 12:00am
EU dreams of Iranian gas to break dependence on Moscow

EU dreams of Iranian gas to break dependence on Moscow

The EU is hoping future gas imports from Iran can break its dependence on Russia as prospects grow for a nuclear deal that would include lifting sanctions on Tehran. The European Union is betting on so-called Southern Corridor pipelines to supply gas to s
Published 20 Apr, 2015 12:00am
The IMF review: favourable or not!

The IMF review: favourable or not!

Pakistan will have the next tranche released under the 6.64 billion dollar Extended Fund Facility (EFF) and that reflects the International Monetary Fund's (IMF) continued engagement (in contrast to complete support as claimed by Finance Minister Ishaq Da
Published 20 Apr, 2015 12:00am
A frank response

A frank response

The IMF Mission Leader to Pakistan, Jeffrey Franks, has written an article in Dawn of 15th April 2015. The article is aptly titled, 'On the right track?'. Franks says that the IMF commends Pakistan for its progress in addressing its economic problem durin
Published 20 Apr, 2015 12:00am
Executions stayed

Executions stayed

The execution of a convict is irreversible. Nothing can bring the convict back to life if for some reason it is discovered later on that the order under which he was executed was invalid or new evidence has surfaced to the effect that he was wrongly impli
Published 20 Apr, 2015 12:00am
The common interest

The common interest

The opposition members in the Senate have expressed their serious concern over the government's 'undermining' of the Council of Common Interests (CCI). It is a constitutional requirement for the government to call a CCI meeting at least once every three m
Published 20 Apr, 2015 12:00am
Moroccan asylum seeker sets himself on fire on German street

Moroccan asylum seeker sets himself on fire on German street

A Moroccan man who was denied political asylum in Germany suffered severe burns when he doused himself in petrol and set himself on fire in front of shocked passers-by, police said Sunday. The 36-year-old man had announced his suicide attempt in a phone c
Published 20 Apr, 2015 12:00am
Australia to boost child vaccination with $20 million package

Australia to boost child vaccination with $20 million package

Australia Sunday unveiled a Aus$26 million (US $20 million) package to increase child vaccination rates, as it removed a religious exemption allowing parents unwilling to immunise their children to claim some government benefits. The measures reflect the
Published 20 Apr, 2015 12:00am
Finnish Prime Minister Stubb concedes defeat

Finnish Prime Minister Stubb concedes defeat

Finland's conservative Prime Minister Alexander Stubb conceded his left-right government's defeat in Sunday's general election at the hands of the opposition Centre Party, after a campaign dominated by the country's struggling economy. Stubb conceded defe
Published 20 Apr, 2015 12:00am
Egypt recovers ancient artefacts

Egypt recovers ancient artefacts

Egypt said on Sunday it has recovered 123 ancient artefacts that had been smuggled outside the country and were later confiscated in New York. Egypt's major archaeological sites were targeted for looting after the 2011 uprising that toppled former preside
Published 20 Apr, 2015 12:00am
Mexico says captures Juarez Cartel leader

Mexico says captures Juarez Cartel leader

Mexican authorities said on Sunday they had captured a leader of the Juarez Cartel wanted by the United States government who took the helm after the organisation's long-time chief was nabbed last year. The leader, Jesus Aguayo, was detained on Friday by
Published 20 Apr, 2015 12:00am
Somali Shebab kill three African Union troops: AU

Somali Shebab kill three African Union troops: AU

Somalia's Shebab militants killed three soldiers from the African Union force fighting them in Somalia on Sunday, the AU said, condemning the latest in a series of attacks by the Islamists. AU envoy to Somalia Maman Sidikou condemned "the cowardly ambush"
Published 20 Apr, 2015 12:00am
South Africa vows crackdown against anti-immigrant attacks

South Africa vows crackdown against anti-immigrant attacks

South Africa on Sunday vowed to hunt down those behind a wave of attacks targeting immigrants, saying 307 people had been arrested over violence that has left at least seven people dead. The government stepped up its response to unrest in Johannesburg and
Published 20 Apr, 2015 12:00am
Egyptian jailed for life on Israel spy charges

Egyptian jailed for life on Israel spy charges

An Egyptian court Sunday sentenced to jail a man convicted of spying for Israel in the Sinai Peninsula where security forces are fighting an Islamist insurgency, judicial officials said. Two Israeli accomplices of the jailed Egyptian were tried in absenti
Published 20 Apr, 2015 12:00am
Egyptian court sentences 11 to death over 2012 football riot

Egyptian court sentences 11 to death over 2012 football riot

An Egyptian court Sunday sentenced 11 football fans to death after a retrial over a 2012 stadium riot in the canal city of Port Said that left 74 people dead. An appeals court had ordered the retrial of 73 defendants in February last year after rejecting
Published 20 Apr, 2015 12:00am
US envoy apologises to Poland over FBI chief's Holocaust claim

US envoy apologises to Poland over FBI chief's Holocaust claim

The US ambassador to Warsaw apologised Sunday after being summoned by the foreign ministry over comments by the head of the FBI that Poland shared responsibility for the Holocaust with Germany. Poland's President Bronislaw Komorowski said the comments in
Published 20 Apr, 2015 12:00am
Dortmund name Tuchel as Klopp's successor

Dortmund name Tuchel as Klopp's successor

Borussia Dortmund have named Thomas Tuchel to succeed Juergen Klopp as their manager on a three-year-deal, the Bundesliga club said on Sunday. Tuchel, who managed Mainz for five seasons between 2009 and 2014, will take up the post from July 1 after Klopp
Published 20 Apr, 2015 12:00am
Aston Villa end Gerrard's FA Cup dream

Aston Villa end Gerrard's FA Cup dream

Fabian Delph destroyed Steven Gerrard's hopes of a fairytale Liverpool send-off by scoring the winner as Aston Villa reached the FA Cup final with a 2-1 victory on Sunday. Liverpool captain Gerrard, who turns 35 on the day of the final, had hoped to bring
Published 20 Apr, 2015 12:00am
Pietersen falls cheaply in Championship

Pietersen falls cheaply in Championship

Kevin Pietersen's latest attempt to force his way back into the England reckoning saw him fall cheaply for Surrey on the first day of their County Championship match away to Glamorgan in Cardiff on Sunday. At Sophia Gardens, the venue for this year's firs
Published 20 Apr, 2015 12:00am
Adamjee Insurance Golf concludes

Adamjee Insurance Golf concludes

The Adamjee Insurance Golf Tournament 2015 took place on 18th of April 2015 at the Islamabad Golf Club, Islamabad. Hiroshi Inomata won Adamjee Insurance Golf Tournament 2015.
Published 20 Apr, 2015 12:00am
City return to winning ways but suffer Silva scare

City return to winning ways but suffer Silva scare

Manchester City strengthened their grip on fourth place in the Premier League with a 2-0 win at home to West Ham on Sunday, but at the cost of seeing David Silva carried off on a stretcher. Meanwhile Tottenham Hotspur's bid for European football next seas
Published 20 Apr, 2015 12:00am
Chelsea two games from title after beating United

Chelsea two games from title after beating United

Chelsea's 1-0 win over Manchester United on Saturday opened up a 10-point lead and sent the engravers off to sharpen their tools as the Londoners' name looks set to be carved on the Premier League trophy. Chelsea's performances have been far from dazzling
Published 20 Apr, 2015 12:00am
Tamin stars in Bangladesh's historic win over Pakistan

Tamin stars in Bangladesh's historic win over Pakistan

Tamim Iqbal smashed a second consecutive century to steer Bangladesh to their first ever one-day series win over Pakistan with an emphatic seven-wicket victory in Dhaka on Sunday. The left-handed opener hit an unbeaten run-a-ball 116 as the hosts, chasing
Published 20 Apr, 2015 12:00am
Kvitova takes Czechs past France to Fed Cup final

Kvitova takes Czechs past France to Fed Cup final

Wimbledon champion Petra Kvitova sent holders the Czech Republic into their fourth Fed Cup final in five years after breezing past France's Caroline Garcia in straight sets here on Sunday. On the hardcourt of the CEZ Arena in the eastern Czech city of Ost
Published 20 Apr, 2015 12:00am
Hughes' bat, jerseys head to Mount Everest

Hughes' bat, jerseys head to Mount Everest

Chhurim Sherpa began her journey for a third ascent to Mount Everest on Sunday but this time some odd items were also part of her climbing gear. Chhurim, who is the first woman to climb the 8,850 metre (29,035 feet) Everest summit twice in a week, will ta
Published 20 Apr, 2015 12:00am
Djokovic beats Berdych in Monte Carlo to set ATP record

Djokovic beats Berdych in Monte Carlo to set ATP record

Novak Djokovic set another career record on Sunday with his second Monte Carlo title, as the Serb became the first man to win the opening three Masters 1000 events in a season through a 7-5, 4-6, 6-3 defeat of Tomas Berdych.
Published 20 Apr, 2015 12:00am
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