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Print - 2015-10-14
Load-shedding to be over by March 2018: Dar

Load-shedding to be over by March 2018: Dar

Finance Minister Ishaq Dar announced on Tuesday that the government would overcome load-shedding by March 2018 subsequent to addition of 10,600 MW in the system. Speaking at a seminar on economic development and national cohesion jointly organised by Sout
Published 14 Oct, 2015 12:00am
International Industries Limited (IIL)

International Industries Limited (IIL)

On the occasion of Worlds Standards Day, International Industries Limited (IIL), the premium producer of steel tubing, galvanised iron pipes and polyethylene pipes in Pakistan, would like to reinforce the importance of being a quality conscious and respon
Published 14 Oct, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 14 Oct, 2015 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 14 Oct, 2015 12:00am
State Bank of Pakistan conversion rates
Currency

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 14 Oct, 2015 12:00am
Barclays bid rates and maximum rates for payment of interest

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 14 Oct, 2015 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
Oil prices pare early gains, close lower on oversupply concerns

Oil prices pare early gains, close lower on oversupply concerns

Oil prices gave up early gains and closed lower on Tuesday after the International Energy Agency rekindled fears that the market remains over supplied. "There's still a lot of crude oil available on the market, and I am with IEA that there is more than ad
Published 14 Oct, 2015 12:00am
Cotton surges on weak India, US crop forecasts
Cotton

Cotton surges on weak India, US crop forecasts

ICE cotton futures rallied to their highest levels in more than a month on Tuesday, after a US government report lowered expectations for output in top producer India and continued rains in US growing regions contributed to supply concerns.
Published 14 Oct, 2015 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
Textile package shelved on IMF opposition
Cotton

Textile package shelved on IMF opposition

The federal government is said to have put the special package for "under the weather" textile industry on ice due to strong opposition by the International Monetary Fund (IMF), well informed sources told Business Recorder. Senior officials of the
Published 14 Oct, 2015 12:00am
Textile package shelved on IMF opposition
Cotton

Textile package shelved on IMF opposition

The federal government is said to have put the special package for "under the weather" textile industry on ice due to strong opposition by the International Monetary Fund (IMF), well informed sources told Business Recorder. Senior officials of the
Published 14 Oct, 2015 12:00am
Textile package shelved on IMF opposition
Cotton

Textile package shelved on IMF opposition

The federal government is said to have put the special package for "under the weather" textile industry on ice due to strong opposition by the International Monetary Fund (IMF), well informed sources told Business Recorder. Senior officials of the
Published 14 Oct, 2015 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (October 13, 2015).
Published 14 Oct, 2015 12:00am
Exports decline by 20 percent in September

Exports decline by 20 percent in September

Pakistan exports have declined by 20 percent in September 2015 over the same period of last fiscal year, according to Pakistan Bureau of Statistics (FBS). Provisional trade figure for the first quarter of the current fiscal year (July-September 2014-15) r
Published 14 Oct, 2015 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
Exports decline by 20 percent in September

Exports decline by 20 percent in September

Pakistan exports have declined by 20 percent in September 2015 over the same period of last fiscal year, according to Pakistan Bureau of Statistics (FBS). Provisional trade figure for the first quarter of the current fiscal year (July-September 2014-15) r
Published 14 Oct, 2015 12:00am
Exports decline by 20 percent in September

Exports decline by 20 percent in September

Pakistan exports have declined by 20 percent in September 2015 over the same period of last fiscal year, according to Pakistan Bureau of Statistics (FBS). Provisional trade figure for the first quarter of the current fiscal year (July-September 2014-15) r
Published 14 Oct, 2015 12:00am
APTMA to observe 'black day' today
Cotton

APTMA to observe 'black day' today

All Pakistan Textile Mills Association (APTMA) is observing a 'black day' and strike from Karachi to Peshawar on today. Although chairman APTMA has claimed that value-added textile sector is also participating in the strike, some leading value-added texti
Published 14 Oct, 2015 12:00am
APTMA to observe 'black day' today
Cotton

APTMA to observe 'black day' today

All Pakistan Textile Mills Association (APTMA) is observing a 'black day' and strike from Karachi to Peshawar on today. Although chairman APTMA has claimed that value-added textile sector is also participating in the strike, some leading value-added texti
Published 14 Oct, 2015 12:00am
APTMA to observe ''black day'' today
Cotton

APTMA to observe ''black day'' today

All Pakistan Textile Mills Association (APTMA) is observing a ''black day'' and strike from Karachi to Peshawar on today. Although chairman APTMA has claimed that value-added textile sector is also participating in the strike, some leading value-added tex
Published 14 Oct, 2015 12:00am
MH17 shot down by BUK missile from war-torn Ukraine

MH17 shot down by BUK missile from war-torn Ukraine

Malaysia Airlines Flight 17 was shot down over eastern Ukraine by a Russian-made Buk missile, the Dutch Safety Board concluded on Tuesday in its final report on the crash in July 2014 that killed all 298 people on board, most of them Dutch. But the long-a
Published 14 Oct, 2015 12:00am
MH17 shot down by BUK missile from war-torn Ukraine

MH17 shot down by BUK missile from war-torn Ukraine

Malaysia Airlines Flight 17 was shot down over eastern Ukraine by a Russian-made Buk missile, the Dutch Safety Board concluded on Tuesday in its final report on the crash in July 2014 that killed all 298 people on board, most of them Dutch. But the long-a
Published 14 Oct, 2015 12:00am
Equities edge down

Equities edge down

Volatility prevailed on the Karachi share market Tuesday and the benchmark KSE-100 index closed at 34,032 points, down 152 points weighed mainly by concerns on weak earnings outlook. Ahsan Mehanti, an analyst at Arif Habib said stocks closed lower amid pr
Published 14 Oct, 2015 12:00am
Equities edge down

Equities edge down

Volatility prevailed on the Karachi share market Tuesday and the benchmark KSE-100 index closed at 34,032 points, down 152 points weighed mainly by concerns on weak earnings outlook. Ahsan Mehanti, an analyst at Arif Habib said stocks closed lower amid pr
Published 14 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
Equities edge down

Equities edge down

Volatility prevailed on the Karachi share market Tuesday and the benchmark KSE-100 index closed at 34,032 points, down 152 points weighed mainly by concerns on weak earnings outlook. Ahsan Mehanti, an analyst at Arif Habib said stocks closed lower amid pr
Published 14 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
BRIndex30 sheds 117.27 points

BRIndex30 sheds 117.27 points

On Tues-day, BRIndex30 remained positive for most of the trading time except in the last hour when it displayed a downward trend. It closed at 20,787.80 points with net change of -117.27 points. Total turnover was 127,064,000, which was higher by almost 2
Published 14 Oct, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
BRIndex30 sheds 117.27 points

BRIndex30 sheds 117.27 points

On Tues-day, BRIndex30 remained positive for most of the trading time except in the last hour when it displayed a downward trend. It closed at 20,787.80 points with net change of -117.27 points. Total turnover was 127,064,000, which was higher by almost 2
Published 14 Oct, 2015 12:00am
Younis becomes Pakistan's highest Test run getter

Younis becomes Pakistan's highest Test run getter

Younis Khan became Pakistan's all-time leading Test run-scorer, surpassing the great Javed Miandad's tally of 8832 runs on the opening day of the first Test against England in Abu Dhabi on Tuesday. Younis, 37, set the new mark when he reached 20 with a hu
Published 14 Oct, 2015 12:00am
Younis becomes Pakistan's highest Test run getter

Younis becomes Pakistan's highest Test run getter

Younis Khan became Pakistan's all-time leading Test run-scorer, surpassing the great Javed Miandad's tally of 8832 runs on the opening day of the first Test against England in Abu Dhabi on Tuesday. Younis, 37, set the new mark when he reached 20 with a hu
Published 14 Oct, 2015 12:00am
LSE index loses 2.42 points

LSE index loses 2.42 points

Although equities swung on Tuesday, they did finally close in minus column at the Lahore Stock Exchange amid a descending transaction volume. The LSE-25 index lost 02.42 points to close at 5702.86 against 5705.28 of Monday, while the transaction volume de
Published 14 Oct, 2015 12:00am
LSE index loses 2.42 points

LSE index loses 2.42 points

Although equities swung on Tuesday, they did finally close in minus column at the Lahore Stock Exchange amid a descending transaction volume. The LSE-25 index lost 02.42 points to close at 5702.86 against 5705.28 of Monday, while the transaction volume de
Published 14 Oct, 2015 12:00am
ISE index down 52.35 points

ISE index down 52.35 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 52.35 points as the ISE Ten Index moved from 3,118.66
Published 14 Oct, 2015 12:00am
ISE index down 52.35 points

ISE index down 52.35 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Tuesday, where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 52.35 points as the ISE Ten Index moved from 3,118.66
Published 14 Oct, 2015 12:00am
Sanctity in Muharram: religious scholars, Ulema assure chief minister

Sanctity in Muharram: religious scholars, Ulema assure chief minister

Religious scholars, Ulemas, belonging different schools of thoughts in a meeting presided over by Chief Minister Sindh Syed Qaim Ali Shah Tuesday pledged to maintain sanctity and demonstrate, religious harmony, brotherhood during observance of Muhram-ul-H
Published 14 Oct, 2015 12:00am
Online grocery store QnE launched

Online grocery store QnE launched

The event exclusively marked the launch of QnE, shared the vision behind its business and demonstrated how it can reshape the e-commerce industry in Pakistan. The event took place at 3.00 pm on Saturday, 3rd October 2015 in Pearl Continental, Karachi. The
Published 14 Oct, 2015 12:00am
'Global Hand Washing Day' celebrated

'Global Hand Washing Day' celebrated

Plan International Pakistan in collaboration with Housing, Urban Development & Public Health Engineering (HUD&PHED) - Government of Punjab, Water Aid and UNICEF organised Global Hand Washing Day on Tuesday in Lahore. The event was attended by children, po
Published 14 Oct, 2015 12:00am
Supreme Court bars parliamentarians from election campaigns

Supreme Court bars parliamentarians from election campaigns

The Supreme Court on Tuesday suspended two rulings of Lahore High Court regarding suspension of Election Commission of Pakistan's code of conduct for election campaigns. The apex court also restored the decision of (ECP) that restrains the parliamentarian
Published 14 Oct, 2015 12:00am
Seven children among 13 killed in landslide

Seven children among 13 killed in landslide

At least 13 persons including seven children and three women were killed in a landslide that hit shanties located in slum settlement near Ghulistan-e-Jauhar area in the wee hours of Tuesday. According to details, the incident took place at around 2:00am w
Published 14 Oct, 2015 12:00am
Seven children among 13 killed in landslide

Seven children among 13 killed in landslide

At least 13 persons including seven children and three women were killed in a landslide that hit shanties located in slum settlement near Ghulistan-e-Jauhar area in the wee hours of Tuesday. According to details, the incident took place at around 2:00am w
Published 14 Oct, 2015 12:00am
Indian police arrest six over ink attack

Indian police arrest six over ink attack

Indian police said Tuesday they had arrested six members of a far-right political group over an ink attack on an activist who organised the launch of a former Pakistani foreign minister's book. As he left his Mumbai home on Monday, Sudheendra Kulkarni had
Published 14 Oct, 2015 12:00am
Indian police arrest six over ink attack

Indian police arrest six over ink attack

Indian police said Tuesday they had arrested six members of a far-right political group over an ink attack on an activist who organised the launch of a former Pakistani foreign minister's book. As he left his Mumbai home on Monday, Sudheendra Kulkarni had
Published 14 Oct, 2015 12:00am
Load-shedding to be over by March 2018: Dar

Load-shedding to be over by March 2018: Dar

Finance Minister Ishaq Dar announced on Tuesday that the government would overcome load-shedding by March 2018 subsequent to addition of 10,600 MW in the system. Speaking at a seminar on economic development and national cohesion jointly organised by Sout
Published 14 Oct, 2015 12:00am
Auqaf Department body holds meeting with Ulema, religious leaders

Auqaf Department body holds meeting with Ulema, religious leaders

The Itihad Bainul Muslimeen Committee (IBMC) of Auqaf Department headed by Coordinator Sahibzada Zahid Mehmood Qasmi held a meeting with the Ulema and religious leaders of Faisalabad Division at Circuit House. Divisional Commissioner Captain Nasim Nawaz (
Published 14 Oct, 2015 12:00am
'28,850 special students enrolled in Punjab'

'28,850 special students enrolled in Punjab'

Punjab Minister for Special Education Asif Saeed Manhais has said that 28,850 special students (18,546 male and 10,304 female) have been enrolled in the institutions of Special Education. He said that 10,410 hearing impaired male and 6,344 female, visuall
Published 14 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
ACE Faisalabad arrests 36 suspects

ACE Faisalabad arrests 36 suspects

The Anti-Corruption Establishment Faisalabad Region has arrested 36 accused involved in receiving bribe, fraud, misuse of powers, forgery, preparing bogus documents and other irregularities during the last month. This was informed by Director Anti-Corrupt
Published 14 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (October 13, 2015).

Published 14 Oct, 2015 12:00am
Collection of Rs 11 billion: LHC seeks reply from NEPRA by October 21

Collection of Rs 11 billion: LHC seeks reply from NEPRA by October 21

The Lahore High Court yesterday sought reply from National Electric Power and Regulatory Authority (NEPRA) by October 21 in a petition challenging collection of Rs 11 billion from the electricity consumers. The court also allowed the six power generating
Published 14 Oct, 2015 12:00am
New size, changed metal: State Bank to issue Rs 5 coin from October 15

New size, changed metal: State Bank to issue Rs 5 coin from October 15

The State Bank of Pakistan will issue Rs 5 coin of new size and changed metal composition. These coins will be issued through the exchange counters of all the field offices of SBP Banking Services Corporation from 15th October 2015. The coin weighs 3 gram
Published 14 Oct, 2015 12:00am
K-Electric Limited

K-Electric Limited

K-Electric Limited or KESC previously, has been one of the most notorious organisations in Karachi for decades, but that perception has changed quite a lot in the recent past.
Published 14 Oct, 2015 12:00am
K-Electric Limited

K-Electric Limited

K-Electric Limited or KESC previously, has been one of the most notorious organisations in Karachi for decades, but that perception has changed quite a lot in the recent past.
Published 14 Oct, 2015 12:00am