News Archives for Print - 2015-06-16

CoAS arrives in Moscow on 3-day visit

Army Chief General Raheel Sharif Monday reached Moscow on a three-day official visit. A smartly turned out contingents presented him guard of honour. According to ISPR, national anthem was played by Russian Army in honour of General Raheel Sharif who laid

Published 16 Jun, 2015 12:00am

Success of Zarb-e-Azb: Armed forces deserve full credit: PML-Q leaders

Pakistan Muslim League-Quaid-e-Azam President and a former premier Chaudhry Shujaat Hussain and senior central leader and former deputy premier Chaudhry Parvez Elahi have said the armed forces "deserve entire credit for the success of operation Zarb-e-Azb

Published 16 Jun, 2015 12:00am

Convict hanged in Multan

A double homicide convict was hanged in Multan on Monday morning. The accused Khizar Hayat killed his father-in-law and brother-in-law in 1997 in Khanewal's area Abdul Hakeem on transaction dispute. The convict was sentenced to death by a session court.

Published 16 Jun, 2015 12:00am

Subsidies New Metro projects to cause more burdens: Gardezi

-The Patron-in-Chief of Mango Growers Co-operative Society Limited and President Mango Growers Association Pakistan, Syed Zahid Hussain Gardezi has said that there is wide gap between perception and realities in the minds of the rulers in understanding pr

Published 16 Jun, 2015 12:00am

Industrialists to boycott RTO Faisalabad for indefinite period

The industrialists of Faisalabad have announced to boycott the Regional Tax Office (RTO) Faisalabad for indefinite period as a mark of protest against what they alleged humiliating attitude of tax officers and illegally imposition of the ban on the entry

Published 16 Jun, 2015 12:00am

Flood warning centre starts functioning

The Flood Warning Centre (FWC) Lahore started functioning round-the-clock here on Monday at the Pakistan Meteorological Department Flood Forecasting Division prior to forthcoming flood season 2015 spread over from June to October. The FWC includes represe

Published 16 Jun, 2015 12:00am

APBF, Romanian embassy ink MoU

The All Pakistan Business Forum and the Romanian Embassy have signed a memorandum of understanding to promote trade links and cultural exchanges to nurture closer understanding between Romania and Pakistan. Business-to-business meetings and business deleg

Published 16 Jun, 2015 12:00am

Punjab government launches 'adopt a school programme'

School Education Punjab Secretary Abdul Jabbar Shaheen has said the government has launched an 'adopt a school programme' to make the "Parho Punjab Barho Punjab" campaign successful where School Education Department officials will adopt two schools for tw

Published 16 Jun, 2015 12:00am

World Anti-Dengue Day observed in Faisalabad

World Anti-Dengue Day was observed throughout the district with the commitment to continue wage a war against dengue for getting rid of this fatal disease. In this connection an awareness walk was held to mark the day which was led by DCO Noorul Amin Meng

Published 16 Jun, 2015 12:00am

Joint KP opposition boycotts budget session

Joint opposition in Khyber Pakhtunkhwa Assembly on Monday walked out of the Provincial Assembly proceedings after registering a protest on the floor of house and announced the boycott of the budget session over alleged rigging and mismanagement in the rec

Published 16 Jun, 2015 12:00am

Cotton

Post-budget seminar: Pasha praises, criticises Sindh government in equal measure

Dr Hafiz Pasha, former federal finance minister and a well-known economist, has said the delivery of basic services in Sindh has virtually collapsed. He was speaking at a post-budget seminar, which was jointly organized by Karachi Chamber of Commerce and

Published 16 Jun, 2015 12:00am

MQM seeks $2 billion under CPEC package for Karachi uplift

The Muttahida Qaumi Movement (MQM) on Monday urged the government to allocate $2 billion for the development of Karachi under the China Pakistan Economic Corridor (CPEC) package. The MQM also demanded apology on the floor of the House by the Prime Ministe

Published 16 Jun, 2015 12:00am

India's military build-up adds to complications: Fatemi

Prime Minister's Special Assistant on Foreign Affairs Syed Tariq Fatemi on Monday said that India's massive military build-up, both conventional and nuclear, adds to the complications, as it adversely impacts the region's strategic stability. Speaking on

Published 16 Jun, 2015 12:00am

KP Budget: 10 percent increase in salaries, 25 percent in medical allowance

The Khyber Pakhtunkhwa government on Monday announced 10 percent increase in salaries and pension and 25 percent in medical allowances for government employees in the budget for fiscal year 2015-16. According to the budget documents, the 2011 and 2012 adh

Published 16 Jun, 2015 12:00am

KP Budget: 10 percent increase in salaries, 25 percent in medical allowance

The Khyber Pakhtunkhwa government on Monday announced 10 percent increase in salaries and pension and 25 percent in medical allowances for government employees in the budget for fiscal year 2015-16. According to the budget documents, the 2011 and 2012 adh

Published 16 Jun, 2015 12:00am

Dar tells Senate Inter-ministerial body to meet on INGO's issue within 24hrs

A high powered inter-ministerial committee tasked to streamline activities of international non-governmental organisations (INGOs) will meet within 24 hours to review the activities/affairs of Save the Children, said Finance Minister Ishaq Dar. Responding

Published 16 Jun, 2015 12:00am

No loadshedding during Sehr, Iftar timings: minister

The Minister of State for Water and Power has assured that there would be no loadshedding during Sehr and Iftar timings in the holy month of Ramazan in the country and all the Discos would strictly implement this decision in letter and in spirit. Talking

Published 16 Jun, 2015 12:00am

IEA warns of 4.3C temperature jump from climate change

The International Energy Agency on Monday warned temperatures could jump by as much as 4.3 degrees Celsius by the end of the century and urged countries to improve their pledges on reducing emissions. In a report ahead of a climate change conference in Pa

Published 16 Jun, 2015 12:00am

Fourteen dead, hundreds of zoo animals wiped out in Georgia floods

Nine people were missing in Georgia's capital Tbilisi on Monday, a day after freak floods killed 14 people and swept away zoo animals, some of which were shot after being found prowling the streets. The death toll from the worst floods to hit Tbilisi in d

Published 16 Jun, 2015 12:00am

Israel allows 70 Hebron shops to reopen after 15 years

Israel has approved the reopening of around 70 Palestinian shops which it closed 15 years ago in the flashpoint West Bank city of Hebron, its mayor announced on Monday. "The Israeli army's leadership allowed the reopening of stores on Sahla Street, which

Published 16 Jun, 2015 12:00am

Ban calls for immediate humanitarian truce in Yemen

UN chief Ban Ki-moon on Monday called for an immediate humanitarian truce in Yemen as peace talks began in Geneva and a Saudi-led Arab coalition continued aerial bombardments of the ravaged country. Global powers are keen for a speedy resolution of the co

Published 16 Jun, 2015 12:00am

Kurds seize border post in battle for Syrian town

Kurdish forces on Monday seized a post on Syria's border with Turkey, a vital supply line to the Islamic State group, as they battle for the jihadist-held town of Tal Abyad. The Kurdish People's Protection Units (YPG) took up positions on the Syrian side

Published 16 Jun, 2015 12:00am

Swiss court rules handing over bank employee info to US illegal

A Swiss court has ruled that Credit Suisse's decision to provide US tax authorities with information on an employee was illegal, according to the ruling made public Monday. In April 2012, the Swiss government gave 11 Swiss banks the go-ahead to accommodat

Published 16 Jun, 2015 12:00am

British royals mark 800th anniversary of world-changing Magna Carta

Britain's Queen Elizabeth led celebrations on Monday to mark 800 years since the sealing of the Magna Carta, one of the world's most significant historical documents and credited with paving the way for modern freedoms and human rights. On June 15, 1215,

Published 16 Jun, 2015 12:00am

'Black' activist resigns helm of US civil rights group

A US civil rights activist resigned Monday from a post at the leading African-American advocacy group amid allegations she is white but has masqueraded for years as being black. Rachel Dolezal's resignation from her job as president of the Spokane, Washin

Published 16 Jun, 2015 12:00am

Hollande boosts ties with former foe Algeria

French President Francois Hollande arrived Monday in Algeria for a visit aimed at tackling the "common battle" of the once bitter foes against jihadists from Mali to Libya. His trip comes after Libya's internationally recognised government said the jihadi

Published 16 Jun, 2015 12:00am

Bashir flies out of S Africa, defying court order

Sudanese President Omar al-Bashir flew out of South Africa on Monday, defying a court order for him to stay as judges weighed up whether he should be arrested for alleged war crimes and genocide. The International Criminal Court (ICC) said it was "disappo

Published 16 Jun, 2015 12:00am

France and Italy clash as migrant stand-off opens EU rift

Italy and France engaged in a war of words Monday as a stand-off over hundreds of Africans offered a graphic illustration of Europe's migration crisis. Italian Interior Minister Angelino Alfano described images of migrants perched on rocks at the border t

Published 16 Jun, 2015 12:00am

Russia says will retaliate if US weapons stationed on its borders

A plan by Washington to station tanks and heavy weapons in Nato states on Russia's border would be the most aggressive US act since the Cold War, and Moscow would retaliate by beefing up its own forces, a Russian defence official said on Monday. The Unite

Published 16 Jun, 2015 12:00am

India's growing belligerence against economic corridor

That China-Pakistan Economic Corridor has thrown up an opportunity for Pakistan to create greater connectivity not within Pakistan but also establish new economic links with the Central Asian states is a fact that has been manifesting in every speech of P

Published 16 Jun, 2015 12:00am

Currency

With wary eye, Turkey readies for return of coalition rule

Turkey is preparing for a return to coalition government after 13 years of one-party rule by the Justice and Development Party (AKP), hoping there will be none of the chaos and uncertainty that dogged such alliances in the past. The Islamic-rooted AKP won

Published 16 Jun, 2015 12:00am

Guesswork, inconsistency nag US shale oil accounting

Steep downward revisions to oil and gas reserves at the end of this year are likely to increase scrutiny of how energy companies tally future barrels - a process that has become more opaque with the rise of shale drilling. The revisions due in December wi

Published 16 Jun, 2015 12:00am

Stark realities

The aim of economic strategies should be to spread prosperity far and wide; failure in doing so is unforgivable. But Pakistan's politicians reflect no sense of this obligation each time the in-power regimes in the federation and the provinces present the

Published 16 Jun, 2015 12:00am

New wave of violence in Balochistan

The terrorist attack in which four policemen lost their lives last Thursday was the second strike on the Quetta police within a span of just one week. During the same period, five members of the Shia Hazara community were shot dead. A few days earlier, te

Published 16 Jun, 2015 12:00am

Too many strikes

Political parties have taken to the habit of calling shutter-down and wheel jam strikes as a regular instrument of protest. The tripartite opposition alliance in Khyber Pakhtunkhwa tried to enforce a shutter-down strike all over the province to protest al

Published 16 Jun, 2015 12:00am

Zarb-e-Azb's first anniversary

On the first anniversary of the launch of the Zarb-e-Azb the army released data of significant gains against the menace of terrorism: 2763 terrorists killed, 837 hideouts destroyed and 253 tons of explosives recovered. Major-General Asim Bajwa, military s

Published 16 Jun, 2015 12:00am

PTI's 'dissolved' tribunal declares Tareen, Khattak unfit for any post

An election tribunal, formed by the Pakistan Tehreek-e-Insaf (PTI) to probe irregularities during the 2013 intra-party polls, on Monday declared party's General Secretary Jahangir Tareen, CM KP Pervez Khattak and leader Aleem Khan unfit to hold any nation

Published 16 Jun, 2015 12:00am

French court cuts HSBC bond in fraud probe to 100 million euros

The appeals court in Paris has drastically reduced the bond demanded of British banking giant HSBC in connection with a major tax fraud investigation, the bank and judicial sources said Monday. The court reduced the bond to 100 million euros ($112 million

Published 16 Jun, 2015 12:00am

French court cuts HSBC bond in fraud probe to 100 million euros

The appeals court in Paris has drastically reduced the bond demanded of British banking giant HSBC in connection with a major tax fraud investigation, the bank and judicial sources said Monday. The court reduced the bond to 100 million euros ($112 million

Published 16 Jun, 2015 12:00am

French court cuts HSBC bond in fraud probe to 100 million euros

The appeals court in Paris has drastically reduced the bond demanded of British banking giant HSBC in connection with a major tax fraud investigation, the bank and judicial sources said Monday. The court reduced the bond to 100 million euros ($112 million

Published 16 Jun, 2015 12:00am

French court cuts HSBC bond in fraud probe to 100 million euros

The appeals court in Paris has drastically reduced the bond demanded of British banking giant HSBC in connection with a major tax fraud investigation, the bank and judicial sources said Monday. The court reduced the bond to 100 million euros ($112 million

Published 16 Jun, 2015 12:00am

Working of INGOs: Prime Minister for expeditious submission of report

Prime Minister Nawaz Sharif on Monday directed the high level inter-ministerial committee, set up under Special Assistant to PM Tariq Fatemi for reviewing laws and regulations regarding accreditation and working conditions of International Non-Governmenta

Published 16 Jun, 2015 12:00am

Working of INGOs: Prime Minister for expeditious submission of report

Prime Minister Nawaz Sharif on Monday directed the high level inter-ministerial committee, set up under Special Assistant to PM Tariq Fatemi for reviewing laws and regulations regarding accreditation and working conditions of International Non-Governmenta

Published 16 Jun, 2015 12:00am

Rs 6.6 billion deal signed with PAFL: DHCL sells fertilizer subsidiary for want of gas

Dawood Hercules Corporation Limited (DHCL) is selling its 100 percent shareholdings in Dawood Hercules Fertilisers Limited (DHFL) to Pakarab Fertilisers Limited (PAFL) due to shortage of gas. The development came to give a setback to the federal governmen

Published 16 Jun, 2015 12:00am

Rs 6.6 billion deal signed with PAFL: DHCL sells fertilizer subsidiary for want of gas

Dawood Hercules Corporation Limited (DHCL) is selling its 100 percent shareholdings in Dawood Hercules Fertilisers Limited (DHFL) to Pakarab Fertilisers Limited (PAFL) due to shortage of gas. The development came to give a setback to the federal governmen

Published 16 Jun, 2015 12:00am

Rs 6.6 billion deal signed with PAFL: DHCL sells fertilizer subsidiary for want of gas

Dawood Hercules Corporation Limited (DHCL) is selling its 100 percent shareholdings in Dawood Hercules Fertilisers Limited (DHFL) to Pakarab Fertilisers Limited (PAFL) due to shortage of gas. The development came to give a setback to the federal governmen

Published 16 Jun, 2015 12:00am

Pakistan desires to resume talks with India: Sartaj

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Monday said that Pakistan desires to resume dialogue with India for resolving all outstanding issue peacefully. He stated this while inaugurating the 10th meeting of the Co

Published 16 Jun, 2015 12:00am

Pakistan desires to resume talks with India: Sartaj

Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz Monday said that Pakistan desires to resume dialogue with India for resolving all outstanding issue peacefully. He stated this while inaugurating the 10th meeting of the Co

Published 16 Jun, 2015 12:00am

Rs 488 billion KP budget announced: development under focus

The provincial government of Khyber Pakhtunkhwa on Monday presented a balance budget of Rs 487.884 billion for financial year 2015-16, which is 21 percent higher than the outgoing fiscal year''''s with no new tax but an ambitious annual development progra

Published 16 Jun, 2015 12:00am

Rs 488 billion KP budget announced: development under focus

The provincial government of Khyber Pakhtunkhwa on Monday presented a balance budget of Rs 487.884 billion for financial year 2015-16, which is 21 percent higher than the outgoing fiscal year''s with no new tax but an ambitious annual development programm

Published 16 Jun, 2015 12:00am

Rs 488 billion KP budget announced: development under focus

The provincial government of Khyber Pakhtunkhwa on Monday presented a balance budget of Rs 487.884 billion for financial year 2015-16, which is 21 percent higher than the outgoing fiscal year's with no new tax but an ambitious annual development programme

Published 16 Jun, 2015 12:00am

Rs 488 billion KP budget announced: development under focus

The provincial government of Khyber Pakhtunkhwa on Monday presented a balance budget of Rs 487.884 billion for financial year 2015-16, which is 21 percent higher than the outgoing fiscal year's with no new tax but an ambitious annual development programme

Published 16 Jun, 2015 12:00am

Underreporting: 0.15 percent WHT levied on cash withdrawals by ECs

The government has imposed 0.15 percent withholding tax on cash withdrawals by exchange companies (ECs) to check underreporting of business transactions from next fiscal year. Sources said Monday that at present no tax is being deducted by banks on cash w

Published 16 Jun, 2015 12:00am

Underreporting: 0.15 percent WHT levied on cash withdrawals by ECs

The government has imposed 0.15 percent withholding tax on cash withdrawals by exchange companies (ECs) to check underreporting of business transactions from next fiscal year. Sources said Monday that at present no tax is being deducted by banks on cash w

Published 16 Jun, 2015 12:00am

Underreporting: 0.15 percent WHT levied on cash withdrawals by ECs

The government has imposed 0.15 percent withholding tax on cash withdrawals by exchange companies (ECs) to check underreporting of business transactions from next fiscal year. Sources said Monday that at present no tax is being deducted by banks on cash w

Published 16 Jun, 2015 12:00am

Budget 2015-16: Senate body makes key suggestions

Senate Standing Committee on Finance has decided to recommend reduction in the rate of general sales tax by one percent; withdrawal of additional sales tax rate from 1 to 2 percent and 12.5 percent increase in salaries of government employees. Chairman Se

Published 16 Jun, 2015 12:00am

Budget 2015-16: Senate body makes key suggestions

Senate Standing Committee on Finance has decided to recommend reduction in the rate of general sales tax by one percent; withdrawal of additional sales tax rate from 1 to 2 percent and 12.5 percent increase in salaries of government employees. Chairman Se

Published 16 Jun, 2015 12:00am

Budget 2015-16: Senate body makes key suggestions

Senate Standing Committee on Finance has decided to recommend reduction in the rate of general sales tax by one percent; withdrawal of additional sales tax rate from 1 to 2 percent and 12.5 percent increase in salaries of government employees. Chairman Se

Published 16 Jun, 2015 12:00am

12 NA constituencies: ECP asked to provide Form-XV

The General Elections 2013 Inquiry Commission (GEIC) on Monday sought from Election Commission of Pakistan (ECP) Form-XV of 12 National Assembly constituencies pertaining to FATA, KPK, Islamabad, Punjab and Sindh provinces by June 16 (today). Form-XV carr

Published 16 Jun, 2015 12:00am

12 NA constituencies: ECP asked to provide Form-XV

The General Elections 2013 Inquiry Commission (GEIC) on Monday sought from Election Commission of Pakistan (ECP) Form-XV of 12 National Assembly constituencies pertaining to FATA, KPK, Islamabad, Punjab and Sindh provinces by June 16 (today). Form-XV carr

Published 16 Jun, 2015 12:00am

Army Ordinance extended for 120 days

National Assembly on Monday passed a resolution to extend Pakistan Army (amendment) Ordinance, 2015 for another 120 days amid protest and walkout by Muttahida Qaumi Movement. The MQM members started protest in the house when Defence Minister Khawaja Asif

Published 16 Jun, 2015 12:00am

Army Ordinance extended for 120 days

National Assembly on Monday passed a resolution to extend Pakistan Army (amendment) Ordinance, 2015 for another 120 days amid protest and walkout by Muttahida Qaumi Movement. The MQM members started protest in the house when Defence Minister Khawaja Asif

Published 16 Jun, 2015 12:00am

BRIndex30 up 179.51 points

On Monday, BRIndex30 opened at 21,116.80 points and remained positive throughout the trading session. It touched an intraday high of 21,459.33 points and an intraday low of 21,119.09 points and closed at 21,296.31 which was 179.51 points or 0.85 percent h

Published 16 Jun, 2015 12:00am

BRIndex30 up 179.51 points

On Monday, BRIndex30 opened at 21,116.80 points and remained positive throughout the trading session. It touched an intraday high of 21,459.33 points and an intraday low of 21,119.09 points and closed at 21,296.31 which was 179.51 points or 0.85 percent h

Published 16 Jun, 2015 12:00am

Volume hits record high

The Karachi share market closed higher gaining 59 points at 34,710.29 with trading volume climbing to record level of 568 million shares. Of the total turnover, 217 million shares belonged to K-Electric on what analysts said investors'' speculations for a

Published 16 Jun, 2015 12:00am

Volume hits record high

The Karachi share market closed higher gaining 59 points at 34,710.29 with trading volume climbing to record level of 568 million shares. Of the total turnover, 217 million shares belonged to K-Electric on what analysts said investors' speculations for a

Published 16 Jun, 2015 12:00am

Volume hits record high

The Karachi share market closed higher gaining 59 points at 34,710.29 with trading volume climbing to record level of 568 million shares. Of the total turnover, 217 million shares belonged to K-Electric on what analysts said investors' speculations for a

Published 16 Jun, 2015 12:00am

Power sector: Lenders reject rules

International lenders have reportedly rejected the power sector Market Operators, Standards and Procedure Rules 2015 prepared by the Government of Pakistan (GoP), official sources told Business Recorder. National Electric Power Regulatory Authority

Published 16 Jun, 2015 12:00am

Power sector: Lenders reject rules

International lenders have reportedly rejected the power sector Market Operators, Standards and Procedure Rules 2015 prepared by the Government of Pakistan (GoP), official sources told Business Recorder. National Electric Power Regulatory Authority

Published 16 Jun, 2015 12:00am

Power sector: Lenders reject rules

International lenders have reportedly rejected the power sector Market Operators, Standards and Procedure Rules 2015 prepared by the Government of Pakistan (GoP), official sources told Business Recorder. National Electric Power Regulatory Authority

Published 16 Jun, 2015 12:00am

Oil slips on Greece concerns as July Brent expires

Oil prices fell in volatile trading on Monday as the Greek debt crisis raised concerns about demand for petroleum in Europe and as the UN started talks to try to bring peace to Yemen, where Opec heavyweight Saudi Arabia is involved in a civil war. Expirin

Published 16 Jun, 2015 12:00am

Cotton

Cotton hits near two-month low on technical signals, sell-stops

ICE cotton futures fell to their lowest in nearly two months on Monday as the December contract's close below major moving averages on Friday sent bearish technical signals and moves below recent lows triggered automatic sell-stops. "You hit sell stops on

Published 16 Jun, 2015 12:00am

Shanghai copper down

Shanghai Futures Exchange copper slid 1.2 percent to 42,580 yuan ($6,859) a tonne on Monday as jitters intensified over a potential Greek debt default, which combined with a looming summer slowdown to sour sentiment towards metals. The Greek government is

Published 16 Jun, 2015 12:00am

Copper slips on dollar rally, weak China demand

Copper hit a three-month low on Monday as the dollar rallied after the collapse of talks to avert a Greek debt default and as a seasonal demand slowdown in top copper user China hurt sentiment. The dollar rose against basket of a currencies while global e

Published 16 Jun, 2015 12:00am

Rubber drops

Benchmark Tokyo rubber futures fell for a second session on Monday, dragged to a 3-week low by profit-taking as continued weakness in Shanghai futures and lower oil prices weighed on sentiment, dealers said. The Tokyo Commodity Exchange (TOCOM) rubber con

Published 16 Jun, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 Jun, 2015 12:00am

Vegetable Oil

Rotterdam vegetable oil prices

Monday's Rotterdam vegetable oil prices at 1600 GMT.

Published 16 Jun, 2015 12:00am

Vegetable Oil

Palm oil slips as export data give little support

Malaysian palm oil futures extended losses for a second day on Monday, tracking declines in competing markets, while data showing an increase in shipments from Malaysia in June and a new Indonesian export levy provided little support. "Our palm movement i

Published 16 Jun, 2015 12:00am

Raw sugar at 6-1/2-year low, cocoa climbs

Raw sugar on ICE fell to a 6-1/2-year low on Monday, pressured by abundant supplies and fund selling, while cocoa bucked the commodity complex's weak trend and rallied to the highest in nearly nine months on crop concerns and technical buy signals. Arabic

Published 16 Jun, 2015 12:00am

Gold rises in Asia

Gold rose on Monday on safe-haven bids after Greece and its creditors failed to strike a deal to avert a debt default, but a stronger dollar and a Federal Reserve policy meeting later this week kept gains in check. Spot gold had edged up 0.3 percent to $1

Published 16 Jun, 2015 12:00am

Gold little changed in European trade

Gold was little changed on Monday, as the impact of a stronger dollar ahead of a Federal Reserve policy meeting was offset by persistent uncertainty over Greece after debt talks with its creditors stalled. Spot gold was up 0.1 percent at $1,181.25 an ounc

Published 16 Jun, 2015 12:00am

US MIDDAY: wheat and corn fall

Chicago Board of Trade wheat futures plunged 3 percent on Monday, hitting their lowest since June 1 on expectations that drier conditions in the US Plains will allow farmers to harvest a bumper crop, traders said. Corn futures also fell, hitting new contr

Published 16 Jun, 2015 12:00am

US MIDDAY: gold surges

Gold rose early on Monday, buoyed by chart-based buying and the weak US dollar ahead of a Federal Reserve policy meeting while persistent uncertainty over Greece after debt talks with its creditors stalled underpinned prices. Spot gold was up 0.5 percent

Published 16 Jun, 2015 12:00am

The Weather

The weather report on Monday (June 15, 2015) and the forecast for Tuesday (June 16, 2015).

Published 16 Jun, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

LME official prices

The following were Friday official prices.

Published 16 Jun, 2015 12:00am

LME official prices

The following were Friday official prices.

Published 16 Jun, 2015 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Yarn Prices

Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (June 15, 2015).

Published 16 Jun, 2015 12:00am

Cotton

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 2	248.38

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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