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Print - 2015-10-22
Cancer awareness drive at GCU

Cancer awareness drive at GCU

The Government College University Lahore Quality Enhancement Cell on Wednesday held an on-campus awareness drive in collaboration with the Pink Ribbon Pakistan and Higher Education Commission to raise awareness among the female students and staff members
Published 22 Oct, 2015 12:00am
Pakistan changing in real terms, Prime Minister tells community members

Pakistan changing in real terms, Prime Minister tells community members

Prime Minister Nawaz Sharif has said that with the fast improving law and order situation, stable economy and the government's commitment to rid the country of electricity loadshedding by 2018, Pakistan was changing "in real terms and not in slogans". "Wi
Published 22 Oct, 2015 12:00am
Two suspected terrorists held

Two suspected terrorists held

Sindh Rangers on Wednesday claimed to have arrested two suspected terrorists and an extortionist from different parts of the city. A spokesman for Rangers said that three accused, including two suspected terrorists of a banned outfit and an extortionist b
Published 22 Oct, 2015 12:00am
Qaim approves ADB-funded road improvement project

Qaim approves ADB-funded road improvement project

The Chief Minister Sindh Syed Qaim Ali Shah on Wednesday approved the Asian Development Bank (ADB) funded Sindh Provincial Roads Improvement Project (SPRIP). The project aimed to extend and improve the six provincial roads having total length of 328 kilom
Published 22 Oct, 2015 12:00am
Trade policy yet to see the light of day: Kati chief

Trade policy yet to see the light of day: Kati chief

Korangi Association of Trade and Industry's (Kati) president Zahid Saeed has demanded of the government to announce trade policy framework and exporters' package without any further delay. Recalling his meeting with Prime Minister Nawaz Sharif in Septembe
Published 22 Oct, 2015 12:00am
Entry of fire-brand speakers banned in Sindh

Entry of fire-brand speakers banned in Sindh

The Sindh Home Department has under Section 144 (6) Criminal Procedure Code, 1898 has prohibited the entry and further stay of fire-brand speakers hailing from other provinces in the territorial limits of the province. The order shall remain in force from
Published 22 Oct, 2015 12:00am
Export of wheat: PFMA demands extension of rebate package

Export of wheat: PFMA demands extension of rebate package

The Pakistan Flour Mills Association has demanded of the government to extend the period of special rebate package for the export of flour instead of surplus wheat that expired on 30th September 2015. The central committee chairman of the PFMA Muhammad Na
Published 22 Oct, 2015 12:00am
Comment on Dr Pasha's and Ibrahim's contention
Cotton

Comment on Dr Pasha's and Ibrahim's contention

Dr Hafiz Pasha and Anjum Ibrahim's articles carried by Business Recorder on 12th October 2015 have questioned that reserves are highly unsustainable and would lead to higher indebtedness. A few comments are offered here to counter their contention.
Published 22 Oct, 2015 12:00am
Volkswagen's 'dieselgate' puts spotlight on electric cars in Germany

Volkswagen's 'dieselgate' puts spotlight on electric cars in Germany

The pollution-cheating scandal that has engulfed auto giant Volkswagen is turning up the heat on the German government to make more determined headway in its self-declared "electromobility" goals, analysts say. The "bitter irony" of the scam that has rock
Published 22 Oct, 2015 12:00am
Syrian refugees fear they are a commodity in EU-Turkey dirty deal?

Syrian refugees fear they are a commodity in EU-Turkey dirty deal?

Syrian refugees in Turkey say they feel they have been reduced to bargaining chips in haggling between the European Union and Turkey over how to respond to the millions of people fleeing Syria's civil war. They expect to come up at the short end of the st
Published 22 Oct, 2015 12:00am
VIEW POINT: Unraveling of Indian secularism?

VIEW POINT: Unraveling of Indian secularism?

The Shiv Sena's is on the offensive attacking Muslims, and others who have anything to do with Pakistan. Earlier this month, Shivseniks (god Shiva's soldiers) lynched a Muslim man wrongly accused of keeping cow beef in his fridge. Later a young truck work
Published 22 Oct, 2015 12:00am
Indian brand of terrorists

Indian brand of terrorists

The extremist Hindu outfit Shiv Sena's hatred for Pakistan being generational it is no big surprise that its activists upstaged PCB chief Shaharyar Khan's meeting with his Indian counterpart in Mumbai on Monday. But what surprises one is this sudden spurt
Published 22 Oct, 2015 12:00am
Massive liquidity injection into banking sector

Massive liquidity injection into banking sector

According to a news item in this newspaper on 19th October 2015, the State Bank has injected more than Rs 17 trillion into the banking system due to a liquidity crunch in the banking system of the country. The data further reveals that, as of August 31, t
Published 22 Oct, 2015 12:00am
Khamenei endorses nuclear deal

Khamenei endorses nuclear deal

Iran's supreme leader Ayatollah Ali Khamenei explicitly endorsed a nuclear deal with world powers for the first time Wednesday, but warned his president it contained weaknesses that must be guarded against. Despite years of negotiations that culminated in
Published 22 Oct, 2015 12:00am
Khamenei endorses nuclear deal

Khamenei endorses nuclear deal

Iran's supreme leader Ayatollah Ali Khamenei explicitly endorsed a nuclear deal with world powers for the first time Wednesday, but warned his president it contained weaknesses that must be guarded against. Despite years of negotiations that culminated in
Published 22 Oct, 2015 12:00am
Biden says no to 2016 White House run

Biden says no to 2016 White House run

US Vice President Joe Biden announced Wednesday he will not run for the White House in 2016, ending his life-long political dream and months of fevered speculation that has split Democrats. His decision not to seek the party's nomination appeared to make
Published 22 Oct, 2015 12:00am
Biden says no to 2016 White House run

Biden says no to 2016 White House run

US Vice President Joe Biden announced Wednesday he will not run for the White House in 2016, ending his life-long political dream and months of fevered speculation that has split Democrats. His decision not to seek the party's nomination appeared to make
Published 22 Oct, 2015 12:00am
Ashura holidays

Ashura holidays

The government on Wednesday notified public holiday from October 23 to 24 on account of Muharram-ul-Haram all across the country. "October 23 and 24 (Friday and Saturday) will be public holidays on the occasion of Muharram-ul-Haram," according to a notifi
Published 22 Oct, 2015 12:00am
Ashura holidays

Ashura holidays

The government on Wednesday notified public holiday from October 23 to 24 on account of Muharram-ul-Haram all across the country. "October 23 and 24 (Friday and Saturday) will be public holidays on the occasion of Muharram-ul-Haram," according to a notifi
Published 22 Oct, 2015 12:00am
The Weather

The Weather

The weather report on Wednesday (October 21, 2015) and the forecast for Thursday (October 22, 2015).

Published 22 Oct, 2015 12:00am
Ban on seafood export to EU extended till November 20

Ban on seafood export to EU extended till November 20

Pakistan on Wednesday extended its arbitrarily imposed ban on seafood export to the EU till November 20 since the hygienic conditions at the fisheries are still poor. Fisheries officials told Business Recorder on Wednesday that the Marine Fisheries
Published 22 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Ban on seafood export to EU extended till November 20

Ban on seafood export to EU extended till November 20

Pakistan on Wednesday extended its arbitrarily imposed ban on seafood export to the EU till November 20 since the hygienic conditions at the fisheries are still poor. Fisheries officials told Business Recorder on Wednesday that the Marine Fisheries
Published 22 Oct, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Ban on seafood export to EU extended till November 20

Ban on seafood export to EU extended till November 20

Pakistan on Wednesday extended its arbitrarily imposed ban on seafood export to the EU till November 20 since the hygienic conditions at the fisheries are still poor. Fisheries officials told Business Recorder on Wednesday that the Marine Fisheries
Published 22 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 22 Oct, 2015 12:00am
Wheat output target again fixed at 26 million tons
Cotton

Wheat output target again fixed at 26 million tons

The government has fixed 26 million tons wheat production target for 2015-16 same as that of last year''s following surplus wheat stock and difficulties in the export of the commodity owing to low commodity prices in the global market. Sikandar Hayat Bosa
Published 22 Oct, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 22 Oct, 2015 12:00am
Wheat output target again fixed at 26 million tons
Cotton

Wheat output target again fixed at 26 million tons

The government has fixed 26 million tons wheat production target for 2015-16 same as that of last year's following surplus wheat stock and difficulties in the export of the commodity owing to low commodity prices in the global market. Sikandar Hayat Bosan
Published 22 Oct, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Wheat output target again fixed at 26 million tons
Cotton

Wheat output target again fixed at 26 million tons

The government has fixed 26 million tons wheat production target for 2015-16 same as that of last year's following surplus wheat stock and difficulties in the export of the commodity owing to low commodity prices in the global market. Sikandar Hayat Bosan
Published 22 Oct, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 21, 2015)

Published 22 Oct, 2015 12:00am
LG polls in Sindh: DROs demand deployment of Rangers, Army

LG polls in Sindh: DROs demand deployment of Rangers, Army

Secretary Election Commission Babar Yaqoob has said that District Returning Officers (DROs) have demanded deployment of Rangers or Pakistan Army to cope with any untoward situation during the 1st phase of Local Government elections in Sindh province. He s
Published 22 Oct, 2015 12:00am
LG polls in Sindh: DROs demand deployment of Rangers, Army

LG polls in Sindh: DROs demand deployment of Rangers, Army

Secretary Election Commission Babar Yaqoob has said that District Returning Officers (DROs) have demanded deployment of Rangers or Pakistan Army to cope with any untoward situation during the 1st phase of Local Government elections in Sindh province. He s
Published 22 Oct, 2015 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
THE RUPEE: rates move in narrow-band
Currency

THE RUPEE: rates move in narrow-band

Range-bound trading activity was seen on the money market on Wednesday as the rupee showed little movements against the dollar in the process of trading, dealers said. The rupee shed by two-paisa against the dollar for buying and selling at Rs 104.43 and
Published 22 Oct, 2015 12:00am
THE RUPEE: rates move in narrow-band
Currency

THE RUPEE: rates move in narrow-band

Range-bound trading activity was seen on the money market on Wednesday as the rupee showed little movements against the dollar in the process of trading, dealers said. The rupee shed by two-paisa against the dollar for buying and selling at Rs 104.43 and
Published 22 Oct, 2015 12:00am
No permission sought from government for arrest of Dr Asim: AG tells SHC

No permission sought from government for arrest of Dr Asim: AG tells SHC

Sindh Advocate General (AG) Abdul Fateh Malik on Wednesday informed the Sindh High Court (SHC) that Rangers did not seek permission for the arrest of Dr Asim Hussain, former Petroleum Minister and Chairman Higher Education Sindh, from the provincial gover
Published 22 Oct, 2015 12:00am
No permission sought from government for arrest of Dr Asim: AG tells SHC

No permission sought from government for arrest of Dr Asim: AG tells SHC

Sindh Advocate General (AG) Abdul Fateh Malik on Wednesday informed the Sindh High Court (SHC) that Rangers did not seek permission for the arrest of Dr Asim Hussain, former Petroleum Minister and Chairman Higher Education Sindh, from the provincial gover
Published 22 Oct, 2015 12:00am
Shahryar warns of boycotting Twenty20 World Cup in India

Shahryar warns of boycotting Twenty20 World Cup in India

Dejected by the treatment meted out to him by the Board of Control for Cricket in India (BCCI) during his recent visit, Pakistan Cricket Board Chairman Shahryar Khan has warned that they could boycott the World Twenty-20 mega event in India next year (201
Published 22 Oct, 2015 12:00am
Shahryar warns of boycotting Twenty20 World Cup in India

Shahryar warns of boycotting Twenty20 World Cup in India

Dejected by the treatment meted out to him by the Board of Control for Cricket in India (BCCI) during his recent visit, Pakistan Cricket Board Chairman Shahryar Khan has warned that they could boycott the World Twenty-20 mega event in India next year (201
Published 22 Oct, 2015 12:00am
Two Chinese diplomats shot dead in Philippines

Two Chinese diplomats shot dead in Philippines

China's consul general in the Philippines' second biggest city was wounded and two of his staff members were killed on Wednesday during a lunchtime gun attack at a restaurant, police said. Two other Chinese at the lunch, a consular officer and her husband
Published 22 Oct, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Two Chinese diplomats shot dead in Philippines

Two Chinese diplomats shot dead in Philippines

China's consul general in the Philippines' second biggest city was wounded and two of his staff members were killed on Wednesday during a lunchtime gun attack at a restaurant, police said. Two other Chinese at the lunch, a consular officer and her husband
Published 22 Oct, 2015 12:00am
Xi seals landmark nuclear deal in Britain

Xi seals landmark nuclear deal in Britain

Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world''''s second largest economy. After
Published 22 Oct, 2015 12:00am
Xi seals landmark nuclear deal in Britain

Xi seals landmark nuclear deal in Britain

Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world''s second largest economy. After a
Published 22 Oct, 2015 12:00am
Xi seals landmark nuclear deal in Britain

Xi seals landmark nuclear deal in Britain

Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world's second largest economy. After a d
Published 22 Oct, 2015 12:00am
Xi seals landmark nuclear deal in Britain

Xi seals landmark nuclear deal in Britain

Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain, crowning a visit that Prime Minister David Cameron hopes will unleash a wave of investment from the world's second largest economy. After a d
Published 22 Oct, 2015 12:00am
Netanyahu stirs up trouble with Muslim Holocaust comments

Netanyahu stirs up trouble with Muslim Holocaust comments

Israeli Prime Minister Benjamin Netanyahu provoked controversy on Wednesday, hours before a visit to Germany, by saying the former Muslim elder in Jerusalem convinced Adolf Hitler to exterminate the Jews. In a speech to the Zionist Congress late on Tuesda
Published 22 Oct, 2015 12:00am
Netanyahu stirs up trouble with Muslim Holocaust comments

Netanyahu stirs up trouble with Muslim Holocaust comments

Israeli Prime Minister Benjamin Netanyahu provoked controversy on Wednesday, hours before a visit to Germany, by saying the former Muslim elder in Jerusalem convinced Adolf Hitler to exterminate the Jews. In a speech to the Zionist Congress late on Tuesda
Published 22 Oct, 2015 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Oct, 2015 12:00am
Mitigating risks: SBP issues regulations for safety of internet banking

Mitigating risks: SBP issues regulations for safety of internet banking

State Bank of Pakistan (SBP) Wednesday issued "Regulations for the Security of Internet Banking" to mitigate the risks associated with internet banking and safeguard the interests of customers. In view of increasing usage of internet banking in the countr
Published 22 Oct, 2015 12:00am
Board meetings in progress

Board meetings in progress

Board Meetings in Progress of Companies listed on the Karachi Stock Exchange.

Published 22 Oct, 2015 12:00am
Mitigating risks: SBP issues regulations for safety of internet banking

Mitigating risks: SBP issues regulations for safety of internet banking

State Bank of Pakistan (SBP) Wednesday issued "Regulations for the Security of Internet Banking" to mitigate the risks associated with internet banking and safeguard the interests of customers. In view of increasing usage of internet banking in the countr
Published 22 Oct, 2015 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 22 Oct, 2015 12:00am
Mitigating risks: SBP issues regulations for safety of internet banking

Mitigating risks: SBP issues regulations for safety of internet banking

State Bank of Pakistan (SBP) Wednesday issued "Regulations for the Security of Internet Banking" to mitigate the risks associated with internet banking and safeguard the interests of customers. In view of increasing usage of internet banking in the countr
Published 22 Oct, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 22 Oct, 2015 12:00am
Government fails to push through AML bill

Government fails to push through AML bill

The government has once again failed to push through Anti-Money Laundering (AML) Bill from Senate Standing Committee on Finance ahead of crucial talks with the International Monetary Fund (IMF) on ninth review of Extended Fund Facility despite full suppor
Published 22 Oct, 2015 12:00am
Government fails to push through AML bill

Government fails to push through AML bill

The government has once again failed to push through Anti-Money Laundering (AML) Bill from Senate Standing Committee on Finance ahead of crucial talks with the International Monetary Fund (IMF) on ninth review of Extended Fund Facility despite full suppor
Published 22 Oct, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 22 Oct, 2015 12:00am
Government fails to push through AML bill

Government fails to push through AML bill

The government has once again failed to push through Anti-Money Laundering (AML) Bill from Senate Standing Committee on Finance ahead of crucial talks with the International Monetary Fund (IMF) on ninth review of Extended Fund Facility despite full suppor
Published 22 Oct, 2015 12:00am
Civilians flee as clashes erupt in southern Afghan city

Civilians flee as clashes erupt in southern Afghan city

Panicked residents fled the capital of the opium-rich southern Afghan province of Helmand Wednesday after the Taliban stormed an outlying neighbourhood, triggering clashes as the insurgents step up offensives around the country. The Taliban late Tuesday s
Published 22 Oct, 2015 12:00am
Civilians flee as clashes erupt in southern Afghan city

Civilians flee as clashes erupt in southern Afghan city

Panicked residents fled the capital of the opium-rich southern Afghan province of Helmand Wednesday after the Taliban stormed an outlying neighbourhood, triggering clashes as the insurgents step up offensives around the country. The Taliban late Tuesday s
Published 22 Oct, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Tactical nuclear arms: Pakistan to tell US it won't accept limits

Tactical nuclear arms: Pakistan to tell US it won't accept limits

Prime Minister Nawaz Sharif will tell US President Barack Obama this week that Islamabad will not accept limits on its use of small tactical nuclear weapons, Pakistani officials said on Wednesday. Pakistan insists smaller weapons would deter a sudden atta
Published 22 Oct, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Tactical nuclear arms: Pakistan to tell US it won't accept limits

Tactical nuclear arms: Pakistan to tell US it won't accept limits

Prime Minister Nawaz Sharif will tell US President Barack Obama this week that Islamabad will not accept limits on its use of small tactical nuclear weapons, Pakistani officials said on Wednesday. Pakistan insists smaller weapons would deter a sudden atta
Published 22 Oct, 2015 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Wednesday (October 21, 2015).

Published 22 Oct, 2015 12:00am
Fata, Balochistan, Karachi: Kerry apprised of India's destabilising role

Fata, Balochistan, Karachi: Kerry apprised of India's destabilising role

US Secretary of State John F. Kerry along with the senior officials of the State Department called on Prime Minister Nawaz Sharif here at the Blair House where he was apprised of India's highly destabilising role in Federally- Administered Tribal Areas (F
Published 22 Oct, 2015 12:00am
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