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Nov 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-07-13
Egyptian pound steady at auction
Currency

Egyptian pound steady at auction

Egypt's central bank held the Egyptian pound steady at 7.73 per dollar for the third straight foreign exchange auction on Sunday after a depreciation earlier this month. The currency strengthened on the parallel market. The central bank said it had offere
Published 13 Jul, 2015 12:00am
Czech central bank says no fear of big upward pressure on crown
Currency

Czech central bank says no fear of big upward pressure on crown

The Czech central bank remains ready to buy euros on the market if the Czech crown firms through the 27 per euro level but there is no fear of any big upward pressure on the currency, central bank board member Jiri Rusnok said on Sunday. The crown neared
Published 13 Jul, 2015 12:00am
Tokyo investors await Europe summit on Greece
Currency

Tokyo investors await Europe summit on Greece

Tokyo is the first major market to open Monday after a summit on Greece's bailout, with investors also eyeing a recovery in Chinese stocks and the US Federal Reserve's Beige Book report.
Published 13 Jul, 2015 12:00am
UN, EU welcome Libya deal, despite opposition boycott

UN, EU welcome Libya deal, despite opposition boycott

The United Nations and European states on Sunday welcomed a UN peace deal initialled by some Libyan factions but not by the opposition as a step towards restoring stability there. Plunged into chaos since the 2011 overthrow of dictator Mummar Qadhafi, Lib
Published 13 Jul, 2015 12:00am
Saudi-led strikes hit Yemen rebels despite truce

Saudi-led strikes hit Yemen rebels despite truce

Saudi-led coalition warplanes bombarded Yemeni rebels Sunday, witnesses said, in a new blow to a UN-proposed truce in the impoverished country where millions are threatened with famine. Air strikes hit the Shia Houthi stronghold of Saada in Yemen's north,
Published 13 Jul, 2015 12:00am
Iraq gets first funding to rebuild war-struck regions

Iraq gets first funding to rebuild war-struck regions

Iraq and the World Bank signed a $350 million loan agreement on Sunday to fund emergency reconstruction in towns recaptured from Islamic State militants, a deal Baghdad said marked the first international help to rebuild areas devastated by war.
Published 13 Jul, 2015 12:00am
Spain home blaze leaves eight dead

Spain home blaze leaves eight dead

A blaze in a retirement home in northern Spain overnight left eight people dead and 11 hurt, the regiional government said Sunday. "There are eight dead and 11 hurt, including two seriously from smoke inhalation," a spokesman for the Aragon region governm
Published 13 Jul, 2015 12:00am
IS admits losing control of Libya city

IS admits losing control of Libya city

The jihadist Islamic State group acknowledged losing control of the city of Derna in eastern Libya, promising to "avenge" its fighters, in a video posted on Twitter. The 10-minute video posted late Saturday by the "media office of the province of Barqa" i
Published 13 Jul, 2015 12:00am
Four killed in eastern Ukraine clashes

Four killed in eastern Ukraine clashes

Two soldiers, a pro-Russian rebel and a civilian were killed in 24 hours of fighting in eastern Ukraine, the Ukrainian military and rebels said separately on Sunday. "We have lost two soldiers in fighting and acts of provocation, five have been wounded,"
Published 13 Jul, 2015 12:00am
Britain asks BBC's competitors to review its remit

Britain asks BBC's competitors to review its remit

Britain's government will ask the BBC's competitors to scrutinise the broadcaster's remit and scale, the government said on Sunday, after years of controversy over how it has been funded. The BBC, the world's largest broadcaster, has long been criticised
Published 13 Jul, 2015 12:00am
Clinton gets key union endorsement

Clinton gets key union endorsement

Democratic presidential candidate Hillary Clinton on Saturday 7scored a key endorsement from a large teachers union at a time when her chief rival is picking up support from organised labour. By backing Clinton, the American Federation of Teachers, which
Published 13 Jul, 2015 12:00am
Spotted face of distant Pluto coming into focus

Spotted face of distant Pluto coming into focus

NASA's New Horizons spacecraft is closing fast on an unexpectedly spotted Pluto, the most distant planetary body ever explored. From New Horizon's position more than 3 billion miles (4.88 billion km) from Earth, radio signals, travelling at the speed of l
Published 13 Jul, 2015 12:00am
Engro delegation meets Dar

Engro delegation meets Dar

A delegation of the Engro fertilisers called on Finance Minister, Senator Mohammad Ishaq Dar here on Sunday. The delegation felicitated the Finance Minister on the agreement reached with traders associations, members of the business community, amicably re
Published 13 Jul, 2015 12:00am
Overseas Pakistanis: major airports to have facilitation desks

Overseas Pakistanis: major airports to have facilitation desks

Grievance Commissioner for Overseas Pakistanis Hafiz Ahsaan Khokhar has said that the Facilitation Desk established at Benazir Bhutto International Airport (BBIA) Islamabad has started working and details are being worked out to provide the same facility
Published 13 Jul, 2015 12:00am
Exhibition of calligraphy at Satrang explains meanings of 'Hurouf'

Exhibition of calligraphy at Satrang explains meanings of 'Hurouf'

The unique exhibition in connection with the holy month of Ramazan continues here at Satrang Art gallery showcasing Islamic calligraphy art. The calligraphy show, titled 'Hurouf', shocases artpieces by various renowned artists including masters Rasheed Bu
Published 13 Jul, 2015 12:00am
New bus stand plan runs into snags

New bus stand plan runs into snags

The construction of new bus stand by Capital Development Authority (CDA) in I-11/4 is still lingering, causing irritation for both the transporters and passengers. According to plan, the CDA had approved construction of bus stands in I-11/4 in 2011, and e
Published 13 Jul, 2015 12:00am
Cultural value of Eid festival continues to get boost

Cultural value of Eid festival continues to get boost

Having significant importance in every Muslim society the festivity of Eid continues to get boost in its cultural value as the enthusiasm of those celebrating Eid never fades away.
Published 13 Jul, 2015 12:00am
LG candidates in Capital to face enormous challenges

LG candidates in Capital to face enormous challenges

The Islamabad Citizens Committee Sunday said that the candidates for local government (LG) election in the Federal Capital will have to face serious challenges relating to civil problems owing to overall condition in the city.
Published 13 Jul, 2015 12:00am
Women prefer readymade dresses

Women prefer readymade dresses

As Eid-ul-Fitr draws nearer, shopping for the festival is gaining momentum with more and more women visiting boutiques to buy ready-made clothes instead of buying unstitched cloth in twin cities. The majority of customers, are interested in getting their
Published 13 Jul, 2015 12:00am
Mushahid lauds Sardar Qayyum's services

Mushahid lauds Sardar Qayyum's services

Chairman of the Senate Defence Committee Mushahid Hussain Sayed Sunday lauded the unmatched services rendered by Sardar Abdul Qayyum Khan for the cause of Kashmir and his consistent commitment to project Pakistan's perspective on the issue at home and abr
Published 13 Jul, 2015 12:00am
Shawwal moon sighting meeting on Friday

Shawwal moon sighting meeting on Friday

The Central Ruet-e-Hilal Committee would meet on Friday (Friday), 29 Ramazan-ul-Mubarak (July 17) for sighting the crescent of Shawwal-ul-Mukarram, 1436 AH. Chairman of the Committee Mufti Muneeb-ur-Rehman would chair the meeting of Sindh Zonal Ruet-e-Hil
Published 13 Jul, 2015 12:00am
Shawal to be cleared of terrorists in second phase: DG ISPR

Shawal to be cleared of terrorists in second phase: DG ISPR

Military Spokesman Major General Asim Saleem Bajwa has expressed the hope that security forces would clear the rugged and mountainous Shawal Valley from the terrorists in the second phase of the offensive. "The Security forces have inflicted heavy losses
Published 13 Jul, 2015 12:00am
Saad meets Shahbaz

Saad meets Shahbaz

Federal Minister for Railways Khawaja Saad Rafique met Punjab Chief Minister Muhammad Shahbaz Sharif, here Sunday. Speaking on the occasion, Shahbaz Sharif said that PML-N government is implementing an effective strategy for overcoming terrorism, poverty
Published 13 Jul, 2015 12:00am
Zakat & Usher Punjab: Rs three billion given to 500,000 deserving people

Zakat & Usher Punjab: Rs three billion given to 500,000 deserving people

Provincial Minister for Zakat & Usher Malik Nadeem Kamran has said that more than Rs three billion have been given to more than 500,000 deserving people in the head of subsistence allowance, provision of facilities of public health, educational and religi
Published 13 Jul, 2015 12:00am
Imposition of WHT promotes 'Hundi' system: MCCI chief

Imposition of WHT promotes 'Hundi' system: MCCI chief

Withholding Tax is directly hitting organised and disciplined sector of the country and it would revive and promote the "Hundi" and Hawala" system, direct transaction and cash payment, said Muian Iqbal Hassan President of Multan Chamber of Commerce and In
Published 13 Jul, 2015 12:00am
Road Safety Training Institutes established in major districts

Road Safety Training Institutes established in major districts

As per directions of Inspector General National Highways & Motorway Police Muhammad Saleem Bhatti Central Zone has established state of the art Road Safety Training Institutes (Driving Schools) in all the major districts of Pakistan which will result in i
Published 13 Jul, 2015 12:00am
Traders for issuing tax forms in Urdu language

Traders for issuing tax forms in Urdu language

The business community of South Punjab has urged the Federal Board of Revenue (FBR) to issue income tax return forms in the national language to broaden the tax base because literacy rate in remote areas like South Punjab is not as good as it should be.
Published 13 Jul, 2015 12:00am
CRS's major achievement
Cotton

CRS's major achievement

The Cotton Research Station (CRS) Multan achieved a marvelous success against cotton leaf curl virus, a highly dangerous diseased causing loss of nearly two million bales to country. This was informed by director cotton research station Dr Sagher Ahmed wh
Published 13 Jul, 2015 12:00am
Eid shopping in Multan gains momentum

Eid shopping in Multan gains momentum

Thousands of women, men and youth thronged to city markets for Eid shopping as the holy month of Ramazan creeps towards its end. Pessimistic traders are now feeling themselves satisfied. Readymade garments and clothing vendors expecting increase in sales
Published 13 Jul, 2015 12:00am
Knowledge Park in Lahore is unique: Shahbaz

Knowledge Park in Lahore is unique: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that the project of setting up Knowledge Park on a vast area in Lahore is unique and the first project of its kind in the history of the country and will play an important role in the promotion of qua
Published 13 Jul, 2015 12:00am
JI opposes sell-off of SOEs

JI opposes sell-off of SOEs

Acting chief of the Jamaat e Islami, Pakistan, Liaqat Baloch, has said that Prime Minister Nawaz Sharif had placed national security and national interest at the back in his talks with the Indian Prime Minister Modi.
Published 13 Jul, 2015 12:00am
Man shot dead in Panjgur

Man shot dead in Panjgur

Unknown armed men shot dead a man in Vashbood area of Panjgur district on Sunday. According to Levies source, the victim identified as Muhammad Khadim was on way to somewhere in a vehicle when armed assailants riding a motorbike opened fire on him and fle
Published 13 Jul, 2015 12:00am
Absence of 'protective gadgets' cause of power breakdown

Absence of 'protective gadgets' cause of power breakdown

The non-existence of 'protective gadgets' on feeders and inefficient 'frequency synchronising' mechanism of K-Electric were the major reasons behind the recurrent feeder tripping, which causes hours-long power breakdown in the metropolis.
Published 13 Jul, 2015 12:00am
MQM concerned at protracted power outages in Karachi

MQM concerned at protracted power outages in Karachi

MQM's Co-ordination Committee has strongly condemned the three long breakdowns of electricity in Karachi during one week. Expressing its concerns, the co-ordination committee said that the long breakdowns in the largest industrial city in the country indi
Published 13 Jul, 2015 12:00am
PST Gujranwala office-bearers join PML-Q

PST Gujranwala office-bearers join PML-Q

A large number of office-bearers and ticket holders of Pakistan Sunni Tehrik Gujranwala including its President joined Pakistan Muslim League -Q when they called on senior central leader of the party Chaudhry Parvez Elahi here on Sunday. Tehrik District P
Published 13 Jul, 2015 12:00am
Iran changes law to make divorce harder

Iran changes law to make divorce harder

Iran has changed a law to make divorce by mutual consent invalid unless couples have first undergone state-run counselling, the country's latest move to tackle a rise in broken marriages. The measures, reported by media at the weekend, are contained in a
Published 13 Jul, 2015 12:00am
Iran changes law to make divorce harder

Iran changes law to make divorce harder

Iran has changed a law to make divorce by mutual consent invalid unless couples have first undergone state-run counselling, the country's latest move to tackle a rise in broken marriages. The measures, reported by media at the weekend, are contained in a
Published 13 Jul, 2015 12:00am
Iran trade with GCC set to grow but oil spat looms

Iran trade with GCC set to grow but oil spat looms

Iran should boost trade with its Gulf Arab neighbours if a deal on its nuclear programme sees sanctions and an oil embargo lifted, but higher Iranian crude production could worsen tensions within OPEC, analysts say. As of Saturday, the prospects of such a
Published 13 Jul, 2015 12:00am
Iran trade with GCC set to grow but oil spat looms

Iran trade with GCC set to grow but oil spat looms

Iran should boost trade with its Gulf Arab neighbours if a deal on its nuclear programme sees sanctions and an oil embargo lifted, but higher Iranian crude production could worsen tensions within OPEC, analysts say. As of Saturday, the prospects of such a
Published 13 Jul, 2015 12:00am
Iran trade with GCC set to grow but oil spat looms

Iran trade with GCC set to grow but oil spat looms

Iran should boost trade with its Gulf Arab neighbours if a deal on its nuclear programme sees sanctions and an oil embargo lifted, but higher Iranian crude production could worsen tensions within OPEC, analysts say. As of Saturday, the prospects of such a
Published 13 Jul, 2015 12:00am
World powers in final push for Iran nuclear deal

World powers in final push for Iran nuclear deal

World powers raced Sunday to clinch a landmark deal to prevent Iran acquiring a nuclear bomb, with a source close to the marathon talks saying an agreement was "98-percent" completed. The two sides intensified their diplomatic efforts ahead of a new Monda
Published 13 Jul, 2015 12:00am
World powers in final push for Iran nuclear deal

World powers in final push for Iran nuclear deal

World powers raced Sunday to clinch a landmark deal to prevent Iran acquiring a nuclear bomb, with a source close to the marathon talks saying an agreement was "98-percent" completed. The two sides intensified their diplomatic efforts ahead of a new Monda
Published 13 Jul, 2015 12:00am
Mexico kingpin 'Chapo' escapes prison again, via tunnel

Mexico kingpin 'Chapo' escapes prison again, via tunnel

Mexican drug lord Joaquin "El Chapo" Guzman escaped through a lengthy tunnel under his prison cell's shower, authorities said Sunday, marking his second jail break and an embarrassing blow to the government. A massive manhunt was launched after Guzman van
Published 13 Jul, 2015 12:00am
Mexico kingpin 'Chapo' escapes prison again, via tunnel

Mexico kingpin 'Chapo' escapes prison again, via tunnel

Mexican drug lord Joaquin "El Chapo" Guzman escaped through a lengthy tunnel under his prison cell's shower, authorities said Sunday, marking his second jail break and an embarrassing blow to the government. A massive manhunt was launched after Guzman van
Published 13 Jul, 2015 12:00am
UAE police nab Nigerians for hacking US accounts

UAE police nab Nigerians for hacking US accounts

United Arab Emirates police have busted a cell of three Nigerian hackers who targeted US bank accounts, the interior ministry said Sunday. The trio were arrested following a tip-off from police in California about "cyber-criminal activity based in the UAE
Published 13 Jul, 2015 12:00am
UAE police nab Nigerians for hacking US accounts

UAE police nab Nigerians for hacking US accounts

United Arab Emirates police have busted a cell of three Nigerian hackers who targeted US bank accounts, the interior ministry said Sunday. The trio were arrested following a tip-off from police in California about "cyber-criminal activity based in the UAE
Published 13 Jul, 2015 12:00am
'At least 18 killed' in attack near Afghan military base

'At least 18 killed' in attack near Afghan military base

At least 18 civilians were killed and six wounded Sunday in a suicide car bomb attack near a military base in Afghanistan's eastern province of Khost, where Afghan and foreign soldiers are stationed, authorities said.
Published 13 Jul, 2015 12:00am
'At least 18 killed' in attack near Afghan military base

'At least 18 killed' in attack near Afghan military base

At least 18 civilians were killed and six wounded Sunday in a suicide car bomb attack near a military base in Afghanistan's eastern province of Khost, where Afghan and foreign soldiers are stationed, authorities said.
Published 13 Jul, 2015 12:00am
Modi-Nawaz meeting: An eight-minute phone call set the ball rolling

Modi-Nawaz meeting: An eight-minute phone call set the ball rolling

It was an eight-minute phone conversation between Prime Minister Narendra Modi and counterpart Nawaz Sharif on June 16, before the start of Ramazan, which set the ball rolling for their meeting in the Russian city of Ufa on the sidelines of the Shanghai C
Published 13 Jul, 2015 12:00am
Modi-Nawaz meeting: An eight-minute phone call set the ball rolling

Modi-Nawaz meeting: An eight-minute phone call set the ball rolling

It was an eight-minute phone conversation between Prime Minister Narendra Modi and counterpart Nawaz Sharif on June 16, before the start of Ramazan, which set the ball rolling for their meeting in the Russian city of Ufa on the sidelines of the Shanghai C
Published 13 Jul, 2015 12:00am
Indonesia eyes return to Opec as oil crisis looms

Indonesia eyes return to Opec as oil crisis looms

Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country''s troubled energy sector. Resource-rich Ind
Published 13 Jul, 2015 12:00am
Indonesia eyes return to Opec as oil crisis looms

Indonesia eyes return to Opec as oil crisis looms

Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country's troubled energy sector. Resource-rich Indo
Published 13 Jul, 2015 12:00am
Indonesia eyes return to Opec as oil crisis looms

Indonesia eyes return to Opec as oil crisis looms

Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country's troubled energy sector. Resource-rich Indo
Published 13 Jul, 2015 12:00am
Prime Minister performs Umrah, meets Saudi King

Prime Minister performs Umrah, meets Saudi King

Prime Minister Nawaz Sharif Sunday performed Umrah and met King Salman bin Abdulaziz, King of Saudi Arabia and Custodian of the Two Holy Mosques. The meeting lasted for about an hour held in the holy city of Makkah. According to a PM House statement, the
Published 13 Jul, 2015 12:00am
Prime Minister performs Umrah, meets Saudi King

Prime Minister performs Umrah, meets Saudi King

Prime Minister Nawaz Sharif Sunday performed Umrah and met King Salman bin Abdulaziz, King of Saudi Arabia and Custodian of the Two Holy Mosques. The meeting lasted for about an hour held in the holy city of Makkah. According to a PM House statement, the
Published 13 Jul, 2015 12:00am
Spillways of Chashma Barrage open to save Mianwali from flood

Spillways of Chashma Barrage open to save Mianwali from flood

The Punjab Irrigation department opened spillways of the Chashma reservoir on the mighty Indus River on Sunday to save Mianwali city and adjoining areas from the ravages of floods as the barrage has been filled to its maximum conservation level of 649 ft.
Published 13 Jul, 2015 12:00am
Spillways of Chashma Barrage open to save Mianwali from flood

Spillways of Chashma Barrage open to save Mianwali from flood

The Punjab Irrigation department opened spillways of the Chashma reservoir on the mighty Indus River on Sunday to save Mianwali city and adjoining areas from the ravages of floods as the barrage has been filled to its maximum conservation level of 649 ft.
Published 13 Jul, 2015 12:00am
Two suspected wanted ETA members charged in France

Two suspected wanted ETA members charged in France

Two alleged members of the Basque separatist group ETA, including a man suspected of killing a policeman in 2010, have been charged and remanded in custody in France, a judicial source said Sunday. Xabier Goyenechea Irragori and Joseba Inaki Reta, who cou
Published 13 Jul, 2015 12:00am
Palestinian jailed for 25 years over Jerusalem car attack

Palestinian jailed for 25 years over Jerusalem car attack

A Palestinian who injured four Israeli border policewomen and a civilian when he drove his car into them was sentenced Sunday to 25 years in prison, the Israeli justice ministry said. Court documents released by the ministry said that Mohammed Sleiman, fr
Published 13 Jul, 2015 12:00am
Sugar export deadline may not be extended

Sugar export deadline may not be extended

The government is unlikely to extend deadline for sugar export to be expired on July 15, 2015 as commodity''s prices have stabilised in the country with the intervention of government, sources close to Secretary Commerce told Business Recorder.
Published 13 Jul, 2015 12:00am
Sugar export deadline may not be extended

Sugar export deadline may not be extended

The government is unlikely to extend deadline for sugar export to be expired on July 15, 2015 as commodity's prices have stabilised in the country with the intervention of government, sources close to Secretary Commerce told Business Recorder.
Published 13 Jul, 2015 12:00am
Sugar export deadline may not be extended

Sugar export deadline may not be extended

The government is unlikely to extend deadline for sugar export to be expired on July 15, 2015 as commodity's prices have stabilised in the country with the intervention of government, sources close to Secretary Commerce told Business Recorder.
Published 13 Jul, 2015 12:00am
Eurozone sets Greece tough terms as euro exit looms
Currency

Eurozone sets Greece tough terms as euro exit looms

Eurozone leaders set Greece brutal take-it-or-leave-it conditions for a desperately needed bailout deal at a summit on Sunday as an exit from the single currency loomed ever larger. Hawkish Germany pushed for a Greek "time out" from the euro if leftist Pr
Published 13 Jul, 2015 12:00am
Eurozone sets Greece tough terms as euro exit looms
Currency

Eurozone sets Greece tough terms as euro exit looms

Eurozone leaders set Greece brutal take-it-or-leave-it conditions for a desperately needed bailout deal at a summit on Sunday as an exit from the single currency loomed ever larger. Hawkish Germany pushed for a Greek "time out" from the euro if leftist Pr
Published 13 Jul, 2015 12:00am
Eurozone sets Greece tough terms as euro exit looms
Currency

Eurozone sets Greece tough terms as euro exit looms

Eurozone leaders set Greece brutal take-it-or-leave-it conditions for a desperately needed bailout deal at a summit on Sunday as an exit from the single currency loomed ever larger. Hawkish Germany pushed for a Greek "time out" from the euro if leftist Pr
Published 13 Jul, 2015 12:00am
ECC rejects supplementary Ramazan Relief Package

ECC rejects supplementary Ramazan Relief Package

Economic Co-ordination Committee (ECC) of the Cabinet had reportedly rejected Utility Stores Corporation''s (USC) supplementary Ramazan Relief Package 2015, saying since few days were left in Ramazan there was no need to procure goods in emergency, source
Published 13 Jul, 2015 12:00am
ECC rejects supplementary Ramazan Relief Package

ECC rejects supplementary Ramazan Relief Package

Economic Co-ordination Committee (ECC) of the Cabinet had reportedly rejected Utility Stores Corporation's (USC) supplementary Ramazan Relief Package 2015, saying since few days were left in Ramazan there was no need to procure goods in emergency, sources
Published 13 Jul, 2015 12:00am
ECC rejects supplementary Ramazan Relief Package

ECC rejects supplementary Ramazan Relief Package

Economic Co-ordination Committee (ECC) of the Cabinet had reportedly rejected Utility Stores Corporation's (USC) supplementary Ramazan Relief Package 2015, saying since few days were left in Ramazan there was no need to procure goods in emergency, sources
Published 13 Jul, 2015 12:00am
NEPRA may take action against K-Electric

NEPRA may take action against K-Electric

National Electric Power Regularity Authority (NEPRA) has decided to take action if K-Electric fails to submit its reply on prolonged loadshedding in Karachi. Today is the last day for K-Electric to submit its report on power shutdown in Karachi.
Published 13 Jul, 2015 12:00am
NEPRA may take action against K-Electric

NEPRA may take action against K-Electric

National Electric Power Regularity Authority (NEPRA) has decided to take action if K-Electric fails to submit its reply on prolonged loadshedding in Karachi. Today is the last day for K-Electric to submit its report on power shutdown in Karachi.
Published 13 Jul, 2015 12:00am
NEPRA may take action against K-Electric

NEPRA may take action against K-Electric

National Electric Power Regularity Authority (NEPRA) has decided to take action if K-Electric fails to submit its reply on prolonged loadshedding in Karachi. Today is the last day for K-Electric to submit its report on power shutdown in Karachi.
Published 13 Jul, 2015 12:00am
Major part of Karachi plunges into darkness

Major part of Karachi plunges into darkness

A sudden electricity breakdown here on early Sunday plunged various areas of the city into darkness. 30 percent area of the city experienced this breakdown. The loss of electricity has been pointed to tripping of transmission line which caused the breakdo
Published 13 Jul, 2015 12:00am
Major part of Karachi plunges into darkness

Major part of Karachi plunges into darkness

A sudden electricity breakdown here on early Sunday plunged various areas of the city into darkness. 30 percent area of the city experienced this breakdown. The loss of electricity has been pointed to tripping of transmission line which caused the breakdo
Published 13 Jul, 2015 12:00am
Major part of Karachi plunges into darkness

Major part of Karachi plunges into darkness

A sudden electricity breakdown here on early Sunday plunged various areas of the city into darkness. 30 percent area of the city experienced this breakdown. The loss of electricity has been pointed to tripping of transmission line which caused the breakdo
Published 13 Jul, 2015 12:00am
MQM distances itself from Anwar

MQM distances itself from Anwar

Muttahida Qaumi Movement (MQM) on Sunday sacked London-based senior party member and close aide of supremo Altaf Hussain - Mohammad Anwar - from the 'Rabita Committee', according to a private TV channel. In a statement issued Sunday night, the party said
Published 13 Jul, 2015 12:00am
MQM distances itself from Anwar

MQM distances itself from Anwar

Muttahida Qaumi Movement (MQM) on Sunday sacked London-based senior party member and close aide of supremo Altaf Hussain - Mohammad Anwar - from the 'Rabita Committee', according to a private TV channel. In a statement issued Sunday night, the party said
Published 13 Jul, 2015 12:00am
Future spreads up 79 basis points

Future spreads up 79 basis points

The future spreads increased 79 basis points (bps) to close 12.81 percent during the outgoing week ended July 10, 2015. During the last week, trading activity on the future counter witnessed upward trend and average daily volume surged by 5.6 percent to r
Published 13 Jul, 2015 12:00am
Future spreads up 79 basis points

Future spreads up 79 basis points

The future spreads increased 79 basis points (bps) to close 12.81 percent during the outgoing week ended July 10, 2015. During the last week, trading activity on the future counter witnessed upward trend and average daily volume surged by 5.6 percent to r
Published 13 Jul, 2015 12:00am
Future spreads up 79 basis points

Future spreads up 79 basis points

The future spreads increased 79 basis points (bps) to close 12.81 percent during the outgoing week ended July 10, 2015. During the last week, trading activity on the future counter witnessed upward trend and average daily volume surged by 5.6 percent to r
Published 13 Jul, 2015 12:00am
Future spreads up 79 basis points

Future spreads up 79 basis points

The future spreads increased 79 basis points (bps) to close 12.81 percent during the outgoing week ended July 10, 2015. During the last week, trading activity on the future counter witnessed upward trend and average daily volume surged by 5.6 percent to r
Published 13 Jul, 2015 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Bearish sentiments prevailed at the Karachi Stock Exchange (KSE) during the last week, ending July 10. During the last week, the benchmark KSE-100 index down by 1 per cent or 344 points (WoW) to close at 35,112 points compared to 35,456 points a week earl
Published 13 Jul, 2015 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Bearish sentiments prevailed at the Karachi Stock Exchange (KSE) during the last week, ending July 10. During the last week, the benchmark KSE-100 index down by 1 per cent or 344 points (WoW) to close at 35,112 points compared to 35,456 points a week earl
Published 13 Jul, 2015 12:00am
Bearish sentiments prevail
Mutual Funds

Bearish sentiments prevail

Bearish sentiments prevailed at the Karachi Stock Exchange (KSE) during the last week, ending July 10. During the last week, the benchmark KSE-100 index down by 1 per cent or 344 points (WoW) to close at 35,112 points compared to 35,456 points a week earl
Published 13 Jul, 2015 12:00am
FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

The Federal Board of Revenue (FBR) and experts of International Monetary Fund (IMF) are planning to meet at Dubai to discuss the crucial tax reforms of indirect taxes including Single Stage Sales Tax (SSST) and examine possibility to replace SSST with exi
Published 13 Jul, 2015 12:00am
FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

The Federal Board of Revenue (FBR) and experts of International Monetary Fund (IMF) are planning to meet at Dubai to discuss the crucial tax reforms of indirect taxes including Single Stage Sales Tax (SSST) and examine possibility to replace SSST with exi
Published 13 Jul, 2015 12:00am
FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

FBR-IMF meeting in Dubai: crucial tax reforms on the agenda

The Federal Board of Revenue (FBR) and experts of International Monetary Fund (IMF) are planning to meet at Dubai to discuss the crucial tax reforms of indirect taxes including Single Stage Sales Tax (SSST) and examine possibility to replace SSST with exi
Published 13 Jul, 2015 12:00am
Mixed trend
Currency

Mixed trend

The rupee moved cautiously against the dollar on the money market during the week, ended on July 11. In the interbank market, the rupee gained six paisas against the dollar for buying and selling at Rs 101.70 and Rs 101.71.
Published 13 Jul, 2015 12:00am
Mixed trend
Currency

Mixed trend

The rupee moved cautiously against the dollar on the money market during the week, ended on July 11. In the interbank market, the rupee gained six paisas against the dollar for buying and selling at Rs 101.70 and Rs 101.71.
Published 13 Jul, 2015 12:00am
The Weather

The Weather

The weather report on Sunday (July 12, 2015) and the forecast for Monday (July 13, 2015).

Published 13 Jul, 2015 12:00am
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