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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-06-28
The PKR and price-setting behaviour
Currency

The PKR and price-setting behaviour

In most developing countries, the price of goods and services generally increase. With the exception of food items (specifically seasonal fruits and vegetables) and government administered prices like fuel and utility rates, almost all other items of the
Published 28 Jun, 2015 12:00am
Grappling with climate change

Grappling with climate change

In a press statement issued on Thursday Federal Minister for Climate Change Mushahidullah Khan dealt with the issue of extreme weather conditions, like the heatwave wreaking havoc in Karachi and some other parts of Sindh. Pointing out that climate science
Published 28 Jun, 2015 12:00am
Lingering sad saga of refugees

Lingering sad saga of refugees

People love their land but they love their lives more. They flee war, famine and persecution, taking risks sometimes deadlier than the ones they flee - a bitter reality now on display in a shaper relief than ever before. In 2014, there were 51.2 million r
Published 28 Jun, 2015 12:00am
At least 15 Britons killed in Tunisia attack

At least 15 Britons killed in Tunisia attack

Britain said Saturday that at least 15 of its citizens were killed in the attack on a Tunisian beach resort, its worst loss of life in a terror incident since the 2005 London bombings. "Sadly I can confirm that at least 15 British nationals were killed in
Published 28 Jun, 2015 12:00am
At least 15 Britons killed in Tunisia attack

At least 15 Britons killed in Tunisia attack

Britain said Saturday that at least 15 of its citizens were killed in the attack on a Tunisian beach resort, its worst loss of life in a terror incident since the 2005 London bombings. "Sadly I can confirm that at least 15 British nationals were killed in
Published 28 Jun, 2015 12:00am
Floods kill 55 in India

Floods kill 55 in India

Relief workers were Saturday trying to reach residents stranded by floods in India's western Gujarat state triggered by torrential rains that have so far claimed 55 lives, officials said. Officials were providing food and water to the people affected by f
Published 28 Jun, 2015 12:00am
Floods kill 55 in India

Floods kill 55 in India

Relief workers were Saturday trying to reach residents stranded by floods in India's western Gujarat state triggered by torrential rains that have so far claimed 55 lives, officials said. Officials were providing food and water to the people affected by f
Published 28 Jun, 2015 12:00am
Kurds oust IS from Syria's Kobane as civilian toll mounts

Kurds oust IS from Syria's Kobane as civilian toll mounts

Kurdish forces drove Islamic State group fighters from the flashpoint Syrian border town of Kobane on Saturday, after a killing spree by the jihadists left more than 200 civilians dead. Forces of the Kurdish People's Protection Units (YPG) stormed IS's la
Published 28 Jun, 2015 12:00am
Kurds oust IS from Syria's Kobane as civilian toll mounts

Kurds oust IS from Syria's Kobane as civilian toll mounts

Kurdish forces drove Islamic State group fighters from the flashpoint Syrian border town of Kobane on Saturday, after a killing spree by the jihadists left more than 200 civilians dead. Forces of the Kurdish People's Protection Units (YPG) stormed IS's la
Published 28 Jun, 2015 12:00am
Kuwait detains suspects in mosque bombing

Kuwait detains suspects in mosque bombing

Kuwait has arrested several people on suspicion of involvement in the bombing of mosque on Friday that killed 27 people,a security source said on Saturday as the Gulf state marked a day of national mourning and prepared a mass funeral. Numerous arrests of
Published 28 Jun, 2015 12:00am
Kuwait detains suspects in mosque bombing

Kuwait detains suspects in mosque bombing

Kuwait has arrested several people on suspicion of involvement in the bombing of mosque on Friday that killed 27 people,a security source said on Saturday as the Gulf state marked a day of national mourning and prepared a mass funeral. Numerous arrests of
Published 28 Jun, 2015 12:00am
FIA authorized to detain suspects for 90 days

FIA authorized to detain suspects for 90 days

The government has authorised the Federal Investigation Agency (FIA) to detain suspected terrorists and others involved in heinous crimes for 90 days under Pakistan Protection Act (PPA), it was learnt. According to the sources, the PPA has been made part
Published 28 Jun, 2015 12:00am
FIA authorized to detain suspects for 90 days

FIA authorized to detain suspects for 90 days

The government has authorised the Federal Investigation Agency (FIA) to detain suspected terrorists and others involved in heinous crimes for 90 days under Pakistan Protection Act (PPA), it was learnt. According to the sources, the PPA has been made part
Published 28 Jun, 2015 12:00am
Vote rigging allegations: Counsel to make arguments from June 29

Vote rigging allegations: Counsel to make arguments from June 29

Secretary, General Inquiry Commission Election, (GEIC) 2013, Muhammad Hamid Ali, said on Saturday that the hearing of oral arguments of parties' counsel will commence from June 29. Earlier, a three-member GEIC bench led by Chief Justice Nasirul Mulk and c
Published 28 Jun, 2015 12:00am
Vote rigging allegations: Counsel to make arguments from June 29

Vote rigging allegations: Counsel to make arguments from June 29

Secretary, General Inquiry Commission Election, (GEIC) 2013, Muhammad Hamid Ali, said on Saturday that the hearing of oral arguments of parties' counsel will commence from June 29. Earlier, a three-member GEIC bench led by Chief Justice Nasirul Mulk and c
Published 28 Jun, 2015 12:00am
Remittances: SBP extends deadline for mandatory use of IBAN

Remittances: SBP extends deadline for mandatory use of IBAN

State Bank of Pakistan (SBP) has announced extension in the deadline for mandatory use of International Bank Account Number (IBAN) for Pakistan Remittance Initiative (PRI) remittances for six months. In order to reduce transcription errors in PRI payments
Published 28 Jun, 2015 12:00am
Remittances: SBP extends deadline for mandatory use of IBAN

Remittances: SBP extends deadline for mandatory use of IBAN

State Bank of Pakistan (SBP) has announced extension in the deadline for mandatory use of International Bank Account Number (IBAN) for Pakistan Remittance Initiative (PRI) remittances for six months. In order to reduce transcription errors in PRI payments
Published 28 Jun, 2015 12:00am
Remittances: SBP extends deadline for mandatory use of IBAN

Remittances: SBP extends deadline for mandatory use of IBAN

State Bank of Pakistan (SBP) has announced extension in the deadline for mandatory use of International Bank Account Number (IBAN) for Pakistan Remittance Initiative (PRI) remittances for six months. In order to reduce transcription errors in PRI payments
Published 28 Jun, 2015 12:00am
7th Review completed: IMF to give another $506.4 million under EFF

7th Review completed: IMF to give another $506.4 million under EFF

The Executive Board of the International Monetary Fund (IMF) completed the Seventh Review of Pakistan''s economic performance under a three-year programme supported by an Extended Fund Facility (EFF) arrangement. The Board''s decision enables the immediat
Published 28 Jun, 2015 12:00am
7th Review completed: IMF to give another $506.4 million under EFF

7th Review completed: IMF to give another $506.4 million under EFF

The Executive Board of the International Monetary Fund (IMF) completed the Seventh Review of Pakistan's economic performance under a three-year programme supported by an Extended Fund Facility (EFF) arrangement. The Board's decision enables the immediate
Published 28 Jun, 2015 12:00am
7th Review completed: IMF to give another $506.4 million under EFF

7th Review completed: IMF to give another $506.4 million under EFF

The Executive Board of the International Monetary Fund (IMF) completed the Seventh Review of Pakistan's economic performance under a three-year programme supported by an Extended Fund Facility (EFF) arrangement. The Board's decision enables the immediate
Published 28 Jun, 2015 12:00am
Zardari likely to come back in couple of days

Zardari likely to come back in couple of days

Former president and Pakistan Peoples Party Co-Chairman Asif Ali Zardari is expected to return to the country in the next couple of days in the wake of criticism by some party stalwarts, media and opposition over his sudden departure from the country. The
Published 28 Jun, 2015 12:00am
Zardari likely to come back in couple of days

Zardari likely to come back in couple of days

Former president and Pakistan Peoples Party Co-Chairman Asif Ali Zardari is expected to return to the country in the next couple of days in the wake of criticism by some party stalwarts, media and opposition over his sudden departure from the country. The
Published 28 Jun, 2015 12:00am
Armenia says soldier killed in border clash with Azerbaijan

Armenia says soldier killed in border clash with Azerbaijan

Armenia said one of its soldiers died in clashes with troops from neighbouring Azerbaijan late on Friday, as a territorial dispute ground on between the former Soviet republics. Azerbaijan did not comment on the report of the violence - but dismissed Arme
Published 28 Jun, 2015 12:00am
Citizens taking benefit from Madni Dastarkhawans

Citizens taking benefit from Madni Dastarkhawans

District Coordination Officer Lahore Captain Muhammad Usman (R) said that the citizens of the provincial capital had been taking benefit and relief from Madni Dastarkhawans set in diverse parts of the city. He said that CDGL and Philanthropists have joint
Published 28 Jun, 2015 12:00am
'NAB committed to eradicate corruption from country'

'NAB committed to eradicate corruption from country'

NAB under the leadership of Chairman Qamar Zaman Chaudhry is committed to eradicate corruption and corrupt practices from the country by adopting zero tolerance policy. "Corruption is one of the major factors that create hurdles in the progress, depriving
Published 28 Jun, 2015 12:00am
National Party launches campaign for LG polls in Islamabad

National Party launches campaign for LG polls in Islamabad

National Party (NP) has fielded candidates from marginalized segments of the society in different Union Councils of Islamabad which is in line with the party's policy of supporting the subjugated. This was stated by Ayub Malik presided National Party Punj
Published 28 Jun, 2015 12:00am
Europe rejects Greek bailout extension after referendum shock
Currency

Europe rejects Greek bailout extension after referendum shock

Greece hurtled towards default and a possible euro exit Saturday after Europe responded to the leftist government''s announcement of a surprise referendum by refusing to extend Athens''s desperately needed bailout. The most dramatic day in the five-month
Published 28 Jun, 2015 12:00am
Europe rejects Greek bailout extension after referendum shock
Currency

Europe rejects Greek bailout extension after referendum shock

Greece hurtled towards default and a possible euro exit Saturday after Europe responded to the leftist government's announcement of a surprise referendum by refusing to extend Athens's desperately needed bailout. The most dramatic day in the five-month cr
Published 28 Jun, 2015 12:00am
Europe rejects Greek bailout extension after referendum shock
Currency

Europe rejects Greek bailout extension after referendum shock

Greece hurtled towards default and a possible euro exit Saturday after Europe responded to the leftist government's announcement of a surprise referendum by refusing to extend Athens's desperately needed bailout. The most dramatic day in the five-month cr
Published 28 Jun, 2015 12:00am
Schaeuble says eurozone will fight danger of contagion
Currency

Schaeuble says eurozone will fight danger of contagion

The eurozone will do all it can to fight the risk of financial contagion from Greece after its creditors refused to extend its bailout, German Finance Minister Wolfgang Schaeuble said Saturday. "We will do everything to fight against any possible danger o
Published 28 Jun, 2015 12:00am
Schaeuble says eurozone will fight danger of contagion
Currency

Schaeuble says eurozone will fight danger of contagion

The eurozone will do all it can to fight the risk of financial contagion from Greece after its creditors refused to extend its bailout, German Finance Minister Wolfgang Schaeuble said Saturday. "We will do everything to fight against any possible danger o
Published 28 Jun, 2015 12:00am
Schaeuble says eurozone will fight danger of contagion
Currency

Schaeuble says eurozone will fight danger of contagion

The eurozone will do all it can to fight the risk of financial contagion from Greece after its creditors refused to extend its bailout, German Finance Minister Wolfgang Schaeuble said Saturday. "We will do everything to fight against any possible danger o
Published 28 Jun, 2015 12:00am
Iran, US warn of 'hard work' at tough nuclear talks

Iran, US warn of 'hard work' at tough nuclear talks

Iran and the US showed little sign Saturday of an early breakthrough in last-ditch nuclear talks with both sides warning of "hard work" ahead and France stressing key issues remain unresolved. US Secretary of State John Kerry and Iran's Foreign Minister M
Published 28 Jun, 2015 12:00am
Iran, US warn of 'hard work' at tough nuclear talks

Iran, US warn of 'hard work' at tough nuclear talks

Iran and the US showed little sign Saturday of an early breakthrough in last-ditch nuclear talks with both sides warning of "hard work" ahead and France stressing key issues remain unresolved. US Secretary of State John Kerry and Iran's Foreign Minister M
Published 28 Jun, 2015 12:00am
China central bank cuts interest rate by 25 basis points

China central bank cuts interest rate by 25 basis points

China''s central bank said Saturday it would again reduce interest rates by 25 basis points, its fourth such cut since November as it tries to boost growth. The benchmark interest rate would be reduced to 4.85 percent and the deposit rate to 2 percent fro
Published 28 Jun, 2015 12:00am
China central bank cuts interest rate by 25 basis points

China central bank cuts interest rate by 25 basis points

China's central bank said Saturday it would again reduce interest rates by 25 basis points, its fourth such cut since November as it tries to boost growth. The benchmark interest rate would be reduced to 4.85 percent and the deposit rate to 2 percent from
Published 28 Jun, 2015 12:00am
China central bank cuts interest rate by 25 basis points

China central bank cuts interest rate by 25 basis points

China's central bank said Saturday it would again reduce interest rates by 25 basis points, its fourth such cut since November as it tries to boost growth. The benchmark interest rate would be reduced to 4.85 percent and the deposit rate to 2 percent from
Published 28 Jun, 2015 12:00am
GIDC collection: FBR to remove major hurdle faced by gas companies

GIDC collection: FBR to remove major hurdle faced by gas companies

The Federal Board of Revenue (FBR) will remove a major hurdle faced by gas companies requiring Gas Infrastructure Development Cess (GIDC) to be paid on collection basis whereas sales tax on billed basis, creating legal concerns for cess collecting compani
Published 28 Jun, 2015 12:00am
GIDC collection: FBR to remove major hurdle faced by gas companies

GIDC collection: FBR to remove major hurdle faced by gas companies

The Federal Board of Revenue (FBR) will remove a major hurdle faced by gas companies requiring Gas Infrastructure Development Cess (GIDC) to be paid on collection basis whereas sales tax on billed basis, creating legal concerns for cess collecting compani
Published 28 Jun, 2015 12:00am
GIDC collection: FBR to remove major hurdle faced by gas companies

GIDC collection: FBR to remove major hurdle faced by gas companies

The Federal Board of Revenue (FBR) will remove a major hurdle faced by gas companies requiring Gas Infrastructure Development Cess (GIDC) to be paid on collection basis whereas sales tax on billed basis, creating legal concerns for cess collecting compani
Published 28 Jun, 2015 12:00am
Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Pakistani sugar importers have reportedly cancelled contracts of more than 600MT of Indian sugar after increase in regulatory duty from 20 per cent to 50 per cent by the Economic Coordination Committee (ECC) of the Cabinet. Well-informed sources in Commer
Published 28 Jun, 2015 12:00am
Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Pakistani sugar importers have reportedly cancelled contracts of more than 600MT of Indian sugar after increase in regulatory duty from 20 per cent to 50 per cent by the Economic Coordination Committee (ECC) of the Cabinet. Well-informed sources in Commer
Published 28 Jun, 2015 12:00am
Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Increase in RD: Contracts of over 600MT of Indian sugar cancelled

Pakistani sugar importers have reportedly cancelled contracts of more than 600MT of Indian sugar after increase in regulatory duty from 20 per cent to 50 per cent by the Economic Coordination Committee (ECC) of the Cabinet. Well-informed sources in Commer
Published 28 Jun, 2015 12:00am
LNG import: Ogra objects to four percent margin for PSO

LNG import: Ogra objects to four percent margin for PSO

Oil and Gas Regulatory Authority (OGRA) has reportedly raised objections over four percent margin for Pakistan State Oil (PSO) on import of LNG, saying that consumers should not be unnecessarily burdened, well informed sources told Business Recorder</i
Published 28 Jun, 2015 12:00am
LNG import: Ogra objects to four percent margin for PSO

LNG import: Ogra objects to four percent margin for PSO

Oil and Gas Regulatory Authority (OGRA) has reportedly raised objections over four percent margin for Pakistan State Oil (PSO) on import of LNG, saying that consumers should not be unnecessarily burdened, well informed sources told Business Recorder</i
Published 28 Jun, 2015 12:00am
LNG import: Ogra objects to four percent margin for PSO

LNG import: Ogra objects to four percent margin for PSO

Oil and Gas Regulatory Authority (OGRA) has reportedly raised objections over four percent margin for Pakistan State Oil (PSO) on import of LNG, saying that consumers should not be unnecessarily burdened, well informed sources told Business Recorder</i
Published 28 Jun, 2015 12:00am
Imran Farooq murder case: Scotland Yard team to interrogate suspects

Imran Farooq murder case: Scotland Yard team to interrogate suspects

A six-member team of Scotland Yard is set to arrive in Islamabad to interrogate three suspects arrested in the Muttahida Qaumi Movement (MQM) leader Dr Imran Farooq's murder case. The team is said to be comprising Stuart James Bullemor, David Walter Smith
Published 28 Jun, 2015 12:00am
Imran Farooq murder case: Scotland Yard team to interrogate suspects

Imran Farooq murder case: Scotland Yard team to interrogate suspects

A six-member team of Scotland Yard is set to arrive in Islamabad to interrogate three suspects arrested in the Muttahida Qaumi Movement (MQM) leader Dr Imran Farooq's murder case. The team is said to be comprising Stuart James Bullemor, David Walter Smith
Published 28 Jun, 2015 12:00am
Mir's statement part of media trial: MQM

Mir's statement part of media trial: MQM

The Muttahida Qaumi Movement's (MQM) Rabita committee said on Saturday that Tariq Mir's statement is a part of party's media trial. Reacting to the statement of Mir, MQM leaders said that the party is investigating into the issue. "MQM's legal team is in
Published 28 Jun, 2015 12:00am
Mir's statement part of media trial: MQM

Mir's statement part of media trial: MQM

The Muttahida Qaumi Movement's (MQM) Rabita committee said on Saturday that Tariq Mir's statement is a part of party's media trial. Reacting to the statement of Mir, MQM leaders said that the party is investigating into the issue. "MQM's legal team is in
Published 28 Jun, 2015 12:00am
House of MQM leader Anwar's relative raided

House of MQM leader Anwar's relative raided

A day after shocking revelations by Muttahida Qaumi Movement (MQM) leader Tariq Mir, the intelligence agencies on Saturday raided a house belonging to a close relative of London Coordination Committee member Mohammed Anwar. The raid was conducted in Gulis
Published 28 Jun, 2015 12:00am
House of MQM leader Anwar's relative raided

House of MQM leader Anwar's relative raided

A day after shocking revelations by Muttahida Qaumi Movement (MQM) leader Tariq Mir, the intelligence agencies on Saturday raided a house belonging to a close relative of London Coordination Committee member Mohammed Anwar. The raid was conducted in Gulis
Published 28 Jun, 2015 12:00am
Five solar energy projects initiated in Sindh

Five solar energy projects initiated in Sindh

Five solar energy projects with capacity of 20 megawatts of electricity each have been initiated in Sindh. Official sources told Radio Pakistan that the projects have been launched in Thatta, Benazirabad, Sukkur, Jamshoro and Larkana districts. The source
Published 28 Jun, 2015 12:00am
Five solar energy projects initiated in Sindh

Five solar energy projects initiated in Sindh

Five solar energy projects with capacity of 20 megawatts of electricity each have been initiated in Sindh. Official sources told Radio Pakistan that the projects have been launched in Thatta, Benazirabad, Sukkur, Jamshoro and Larkana districts. The source
Published 28 Jun, 2015 12:00am
Five solar energy projects initiated in Sindh

Five solar energy projects initiated in Sindh

Five solar energy projects with capacity of 20 megawatts of electricity each have been initiated in Sindh. Official sources told Radio Pakistan that the projects have been launched in Thatta, Benazirabad, Sukkur, Jamshoro and Larkana districts. The source
Published 28 Jun, 2015 12:00am
Federal officials visit K-Electric office

Federal officials visit K-Electric office

Secretary Water and Power Younis Daga and Chairman National Electric Power Regulatory Authority (Nepra) Tariq Sadozai on Saturday paid a visit to K-Electric office in Karachi to investigate the reason behind prolonged electricity outage in the metropolis.
Published 28 Jun, 2015 12:00am
Federal officials visit K-Electric office

Federal officials visit K-Electric office

Secretary Water and Power Younis Daga and Chairman National Electric Power Regulatory Authority (Nepra) Tariq Sadozai on Saturday paid a visit to K-Electric office in Karachi to investigate the reason behind prolonged electricity outage in the metropolis.
Published 28 Jun, 2015 12:00am
Federal officials visit K-Electric office

Federal officials visit K-Electric office

Secretary Water and Power Younis Daga and Chairman National Electric Power Regulatory Authority (Nepra) Tariq Sadozai on Saturday paid a visit to K-Electric office in Karachi to investigate the reason behind prolonged electricity outage in the metropolis.
Published 28 Jun, 2015 12:00am
The Weather

The Weather

The weather report on Saturday (June 27, 2015) and the forecast for Sunday (June 28, 2015).

Published 28 Jun, 2015 12:00am
Toll rises to 1,242: heatwave claims 32 more lives in Karachi

Toll rises to 1,242: heatwave claims 32 more lives in Karachi

The devastating heat wave that struck Sindh last weekend is slowly subsiding but the toll has climbed to 1,242 with 32 deaths reported in Karachi on Saturday. Various government-run hospitals in Karachi confirmed that at least 32 people died of heatstroke
Published 28 Jun, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (June 27, 2015).

Published 28 Jun, 2015 12:00am
Toll rises to 1,242: heatwave claims 32 more lives in Karachi

Toll rises to 1,242: heatwave claims 32 more lives in Karachi

The devastating heat wave that struck Sindh last weekend is slowly subsiding but the toll has climbed to 1,242 with 32 deaths reported in Karachi on Saturday. Various government-run hospitals in Karachi confirmed that at least 32 people died of heatstroke
Published 28 Jun, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (June 27, 2015).

Published 28 Jun, 2015 12:00am
Mercury to rise in Karachi again: Met Department

Mercury to rise in Karachi again: Met Department

The Meteorolo-gical Department has forecast that it is expecting the heatwave to return on Sunday with temperatures crossing 40 degrees Celsius again. The Met Department said it is expecting another spike for Sunday and Monday when temperatures are expect
Published 28 Jun, 2015 12:00am
Mercury to rise in Karachi again: Met Department

Mercury to rise in Karachi again: Met Department

The Meteorolo-gical Department has forecast that it is expecting the heatwave to return on Sunday with temperatures crossing 40 degrees Celsius again. The Met Department said it is expecting another spike for Sunday and Monday when temperatures are expect
Published 28 Jun, 2015 12:00am
Bilawal blames federal government for power woes

Bilawal blames federal government for power woes

Co-Chairman Pakistan People''''s Party (PPP) Bilawal Bhutto Zardari on Saturday held the federal government responsible for the power crisis. He said that the Pakistan Muslim League - Nawaz (PML-N) had promised to end load shedding within 6 months but it'
Published 28 Jun, 2015 12:00am
Bilawal blames federal government for power woes

Bilawal blames federal government for power woes

Co-Chairman Pakistan People''s Party (PPP) Bilawal Bhutto Zardari on Saturday held the federal government responsible for the power crisis. He said that the Pakistan Muslim League - Nawaz (PML-N) had promised to end load shedding within 6 months but it''s
Published 28 Jun, 2015 12:00am
Bilawal blames federal government for power woes

Bilawal blames federal government for power woes

Co-Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari on Saturday held the federal government responsible for the power crisis. He said that the Pakistan Muslim League - Nawaz (PML-N) had promised to end load shedding within 6 months but it's b
Published 28 Jun, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (June 27, 2015)

Published 28 Jun, 2015 12:00am
Bilawal blames federal government for power woes

Bilawal blames federal government for power woes

Co-Chairman Pakistan People's Party (PPP) Bilawal Bhutto Zardari on Saturday held the federal government responsible for the power crisis. He said that the Pakistan Muslim League - Nawaz (PML-N) had promised to end load shedding within 6 months but it's b
Published 28 Jun, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (June 27, 2015).

Published 28 Jun, 2015 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (June 27, 2015).

Published 28 Jun, 2015 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Saturday as the rupee managed to hold the overnight levels versus the dollar, dealers said.
Published 28 Jun, 2015 12:00am
THE RUPEE: steadier trend
Currency

THE RUPEE: steadier trend

Firmness prevailed on the money market on Saturday as the rupee managed to hold the overnight levels versus the dollar, dealers said.
Published 28 Jun, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Saturday (June 27, 2015).

Published 28 Jun, 2015 12:00am
Ukraine expects 18 percent fall in Russian gas transit volume

Ukraine expects 18 percent fall in Russian gas transit volume

Russia is expected to reduce its natural gas shipments via Ukraine by about 18 percent this year, according to Ukrainian gas transit monopoly Ukrtransgaz. "We had transit of 62 billion cubic metres (bcm), but this year it will be at 51 billion," the compa
Published 28 Jun, 2015 12:00am
Rapeoil prices rise on European vegoils market

Rapeoil prices rise on European vegoils market

Rapeseed oil prices in Europe were higher on Friday as drought in Canada and diminishing crop prospect in the European Union looked set to tighten supplies. Asking prices for EU rapeseed oil were raised by between 7.00 and 10.00 euros a tonne. "Western Ca
Published 28 Jun, 2015 12:00am
Grams prices higher on grain market
Cotton

Grams prices higher on grain market

A rising trend was witnessed on the wholesale grain market on Saturday in the process of modest trading, dealers said. On the cereals sector, Urad Burma was higher by Rs 125 to Rs 13000, other commodities maintained overnight levels, they said. On the gra
Published 28 Jun, 2015 12:00am
Colombian coffee premium inches up on strong demand

Colombian coffee premium inches up on strong demand

Colombian coffee premiums firmed in the past week as demand remained strong due to continued lack of availability of washed, mild arabica beans from other origins, as Central American harvests wind down. The average differential for usual good quality bea
Published 28 Jun, 2015 12:00am
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