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Print - 2015-11-18
Choking air, melting glaciers: how global warming is changing India

Choking air, melting glaciers: how global warming is changing India

Its Himalayan glaciers are melting fast, its agricultural heartland is drying up and its capital is choking on the world's filthiest air. Yet India's government is one of the few major economies refusing to pledge to cut greenhouse gas emissions, ahead of
Published 18 Nov, 2015 12:00am
Attacks revive debate on encryption, surveillance

Attacks revive debate on encryption, surveillance

The deadly Paris attacks have reignited debate on encrypted communications by terror cells and whether law enforcement and intelligence services are "going dark" in the face of new technologies. The exact means of communication in Friday's strikes were no
Published 18 Nov, 2015 12:00am
Russian opportunity

Russian opportunity

Pakistan-Russia Inter-Government Commission (IGC) will be meeting next week for a 4-day deliberation for promotion of bilateral trade and business leaving behind decades of mistrust. This meeting marks the warming of relations between Pakistan and Russia.
Published 18 Nov, 2015 12:00am
The Weather

The Weather

The weather report on Tuesday (November 17, 2015) and the forecast for Wednesday (November 18, 2015).

Published 18 Nov, 2015 12:00am
Protecting heritage sites

Protecting heritage sites

The federal government has suddenly woken up to claim that the country's heritage sites have been mistakenly handed to the provinces under the 18th Constitutional Amendment. The Ministry of Information, Broadcasting and National Heritage is reported to ha
Published 18 Nov, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Negative politics causing harm to country

Negative politics causing harm to country

Speaking at the ground-breaking ceremony of the Gojra-Shorkot section of the M-4 motorway, Prime Minister Nawaz Sharif reiterated his government's commitment to a 'national agenda of prosperity' and hit out at his critics stating that 'instead of politick
Published 18 Nov, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Indonesia holds interest rates

Indonesia holds interest rates

Indonesia''s central bank fended off political pressure to cut its benchmark interest rate to aid weak growth on Tuesday but said it sees some room to ease monetary policy and lowered a reserve requirement. Bank Indonesia (BI) announced the holding of all
Published 18 Nov, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 18 Nov, 2015 12:00am
Indonesia holds interest rates

Indonesia holds interest rates

Indonesia's central bank fended off political pressure to cut its benchmark interest rate to aid weak growth on Tuesday but said it sees some room to ease monetary policy and lowered a reserve requirement. Bank Indonesia (BI) announced the holding of all
Published 18 Nov, 2015 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 18 Nov, 2015 12:00am
Indonesia holds interest rates

Indonesia holds interest rates

Indonesia's central bank fended off political pressure to cut its benchmark interest rate to aid weak growth on Tuesday but said it sees some room to ease monetary policy and lowered a reserve requirement. Bank Indonesia (BI) announced the holding of all
Published 18 Nov, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Thousands rally in Greece to commemorate 1973 student uprising

Thousands rally in Greece to commemorate 1973 student uprising

Thousands took to the streets in major Greek cities on Tuesday to mark the anniversary of a 1973 student revolt that was brutally crushed by the country's junta at the time. Around 16,000 people took part in the demonstrations in Athens, with a further 12
Published 18 Nov, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 17, 2015)

Published 18 Nov, 2015 12:00am
Thousands rally in Greece to commemorate 1973 student uprising

Thousands rally in Greece to commemorate 1973 student uprising

Thousands took to the streets in major Greek cities on Tuesday to mark the anniversary of a 1973 student revolt that was brutally crushed by the country's junta at the time. Around 16,000 people took part in the demonstrations in Athens, with a further 12
Published 18 Nov, 2015 12:00am
Investment banks'' revenue set to decline again in 2015

Investment banks'' revenue set to decline again in 2015

Revenue at the world''s 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed. It follows a weak third
Published 18 Nov, 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 Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Investment banks' revenue set to decline again in 2015

Investment banks' revenue set to decline again in 2015

Revenue at the world's 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed. It follows a weak third
Published 18 Nov, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Investment banks' revenue set to decline again in 2015

Investment banks' revenue set to decline again in 2015

Revenue at the world's 10 largest investment banks is on course to decline again in 2015 by two percent to $148 billion compared to a year ago, although a strong showing in equities will limit the fall, a survey on Tuesday showed. It follows a weak third
Published 18 Nov, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
Dasu project colony Wapda, CRFG sign deal

Dasu project colony Wapda, CRFG sign deal

The Pakistan Water and Power Development Authority (Wapda) and China Railway First Group (CRFG) have signed a contract worth Rs 4.8 billion for construction of project colony and allied infrastructure for Dasu Hydropower Project. The contract includes con
Published 18 Nov, 2015 12:00am
Dasu project colony Wapda, CRFG sign deal

Dasu project colony Wapda, CRFG sign deal

The Pakistan Water and Power Development Authority (Wapda) and China Railway First Group (CRFG) have signed a contract worth Rs 4.8 billion for construction of project colony and allied infrastructure for Dasu Hydropower Project. The contract includes con
Published 18 Nov, 2015 12:00am
Dasu project colony Wapda, CRFG sign deal

Dasu project colony Wapda, CRFG sign deal

The Pakistan Water and Power Development Authority (Wapda) and China Railway First Group (CRFG) have signed a contract worth Rs 4.8 billion for construction of project colony and allied infrastructure for Dasu Hydropower Project. The contract includes con
Published 18 Nov, 2015 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

Firmness prevailed on the money market on Tuesday as the rupee held almost presents levels versus the rupee in the process of trading, dealers said. The rupee inched up by one-paisa against the dollar for buying and selling at Rs 105.44 and 105.46 respect
Published 18 Nov, 2015 12:00am
PPL''s Sui Block: GDPC refuses to extend lease period

PPL''s Sui Block: GDPC refuses to extend lease period

The Director General Petroleum Concession (GDPC) has refused to give an extension of five years to Pakistan Petroleum Limited (PPL) of Sui Block''s lease, it is learnt. According to sources in the Ministry of Petroleum and Natural Resources the company di
Published 18 Nov, 2015 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

Firmness prevailed on the money market on Tuesday as the rupee held almost presents levels versus the rupee in the process of trading, dealers said. The rupee inched up by one-paisa against the dollar for buying and selling at Rs 105.44 and 105.46 respect
Published 18 Nov, 2015 12:00am
PPL's Sui Block: GDPC refuses to extend lease period

PPL's Sui Block: GDPC refuses to extend lease period

The Director General Petroleum Concession (GDPC) has refused to give an extension of five years to Pakistan Petroleum Limited (PPL) of Sui Block's lease, it is learnt. According to sources in the Ministry of Petroleum and Natural Resources the company dis
Published 18 Nov, 2015 12:00am
PPL's Sui Block: GDPC refuses to extend lease period

PPL's Sui Block: GDPC refuses to extend lease period

The Director General Petroleum Concession (GDPC) has refused to give an extension of five years to Pakistan Petroleum Limited (PPL) of Sui Block's lease, it is learnt. According to sources in the Ministry of Petroleum and Natural Resources the company dis
Published 18 Nov, 2015 12:00am
US court hearing postponed in Venezuelan drugs case

US court hearing postponed in Venezuelan drugs case

A US federal judge has postponed until next month a hearing in the drug smuggling case of two nephews of Venezuela's first lady at the request of their lawyers, court documents showed Tuesday. Efrain Antonio Campo Flores, 29, and Francisco Flores de Freit
Published 18 Nov, 2015 12:00am
US court hearing postponed in Venezuelan drugs case

US court hearing postponed in Venezuelan drugs case

A US federal judge has postponed until next month a hearing in the drug smuggling case of two nephews of Venezuela's first lady at the request of their lawyers, court documents showed Tuesday. Efrain Antonio Campo Flores, 29, and Francisco Flores de Freit
Published 18 Nov, 2015 12:00am
July-October FDI down 24 percent

July-October FDI down 24 percent

Global investors seem reluctant to capitalise on Pakistan''s improving economy, pulling down Foreign Direct Investment (FDI) by 24 percent in the first four months of current fiscal year. According to State Bank of Pakistan (SBP), the FDI declined by 24 p
Published 18 Nov, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (November 17, 2015).

Published 18 Nov, 2015 12:00am
July-October FDI down 24 percent

July-October FDI down 24 percent

Global investors seem reluctant to capitalise on Pakistan's improving economy, pulling down Foreign Direct Investment (FDI) by 24 percent in the first four months of current fiscal year. According to State Bank of Pakistan (SBP), the FDI declined by 24 pe
Published 18 Nov, 2015 12:00am
July-October FDI down 24 percent

July-October FDI down 24 percent

Global investors seem reluctant to capitalise on Pakistan's improving economy, pulling down Foreign Direct Investment (FDI) by 24 percent in the first four months of current fiscal year. According to State Bank of Pakistan (SBP), the FDI declined by 24 pe
Published 18 Nov, 2015 12:00am
Yemen president returns to Aden from Saudi Arabia exile

Yemen president returns to Aden from Saudi Arabia exile

Yemen's president returned from exile to southern city Aden Tuesday as his troops and allies in a Saudi-led coalition pressed one of their most important offensives yet against Iran-backed Huthi rebels. After landing in the provisional capital, Abedrabbo
Published 18 Nov, 2015 12:00am
Yemen president returns to Aden from Saudi Arabia exile

Yemen president returns to Aden from Saudi Arabia exile

Yemen's president returned from exile to southern city Aden Tuesday as his troops and allies in a Saudi-led coalition pressed one of their most important offensives yet against Iran-backed Huthi rebels. After landing in the provisional capital, Abedrabbo
Published 18 Nov, 2015 12:00am
Four documents signed

Four documents signed

Pakistan and Uzbekistan on Tuesday signed four documents to strengthen the bilateral cooperation in economy, trade and foreign affairs. The signing ceremony was held at Kuksaroy Presidential Palace that was witnessed by Prime Minister Muhammad Nawaz Shari
Published 18 Nov, 2015 12:00am
Four documents signed

Four documents signed

Pakistan and Uzbekistan on Tuesday signed four documents to strengthen the bilateral cooperation in economy, trade and foreign affairs. The signing ceremony was held at Kuksaroy Presidential Palace that was witnessed by Prime Minister Muhammad Nawaz Shari
Published 18 Nov, 2015 12:00am
Four documents signed

Four documents signed

Pakistan and Uzbekistan on Tuesday signed four documents to strengthen the bilateral cooperation in economy, trade and foreign affairs. The signing ceremony was held at Kuksaroy Presidential Palace that was witnessed by Prime Minister Muhammad Nawaz Shari
Published 18 Nov, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Nov, 2015 12:00am
Pakistan, Uzbekistan to improve connectivity

Pakistan, Uzbekistan to improve connectivity

Pakistan and Uzbekistan on Tuesday agreed to strengthen their ties by enhancing bilateral trade and improving connectivity in the region, what the two sides believed could guarantee regional development. Addressing a joint press stakeout after signing of
Published 18 Nov, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 18 Nov, 2015 12:00am
Pakistan, Uzbekistan to improve connectivity

Pakistan, Uzbekistan to improve connectivity

Pakistan and Uzbekistan on Tuesday agreed to strengthen their ties by enhancing bilateral trade and improving connectivity in the region, what the two sides believed could guarantee regional development. Addressing a joint press stakeout after signing of
Published 18 Nov, 2015 12:00am
Pakistan, Uzbekistan to improve connectivity

Pakistan, Uzbekistan to improve connectivity

Pakistan and Uzbekistan on Tuesday agreed to strengthen their ties by enhancing bilateral trade and improving connectivity in the region, what the two sides believed could guarantee regional development. Addressing a joint press stakeout after signing of
Published 18 Nov, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 18 Nov, 2015 12:00am
Lockheed gets FAA approval for hybrid airship plan

Lockheed gets FAA approval for hybrid airship plan

The US Federal Aviation Administration approved a certification plan developed by Lockheed Martin for its hybrid airships, the company said, taking it one step closer to starting commercial deliveries of the airships. The airships can transport heavy carg
Published 18 Nov, 2015 12:00am
Lockheed gets FAA approval for hybrid airship plan

Lockheed gets FAA approval for hybrid airship plan

The US Federal Aviation Administration approved a certification plan developed by Lockheed Martin for its hybrid airships, the company said, taking it one step closer to starting commercial deliveries of the airships. The airships can transport heavy carg
Published 18 Nov, 2015 12:00am
Lockheed gets FAA approval for hybrid airship plan

Lockheed gets FAA approval for hybrid airship plan

The US Federal Aviation Administration approved a certification plan developed by Lockheed Martin for its hybrid airships, the company said, taking it one step closer to starting commercial deliveries of the airships. The airships can transport heavy carg
Published 18 Nov, 2015 12:00am
Lockheed gets FAA approval for hybrid airship plan

Lockheed gets FAA approval for hybrid airship plan

The US Federal Aviation Administration approved a certification plan developed by Lockheed Martin for its hybrid airships, the company said, taking it one step closer to starting commercial deliveries of the airships. The airships can transport heavy carg
Published 18 Nov, 2015 12:00am
At least 16 killed, 100 injured as train derails

At least 16 killed, 100 injured as train derails

At least 16 people were killed and more than 100 injured on Tuesday when a train derailed in Balochistan, administration and railway officials said. The accident occurred near Quetta city, after the train's brakes failed as it sped down the side of a moun
Published 18 Nov, 2015 12:00am
At least 16 killed, 100 injured as train derails

At least 16 killed, 100 injured as train derails

At least 16 people were killed and more than 100 injured on Tuesday when a train derailed in Balochistan, administration and railway officials said. The accident occurred near Quetta city, after the train's brakes failed as it sped down the side of a moun
Published 18 Nov, 2015 12:00am
France, Russia bombard IS as attacks forge unlikely alliance

France, Russia bombard IS as attacks forge unlikely alliance

France and Russia agreed Tuesday to co-ordinate their military and security services in an unusual alliance against Islamic State jihadists in Syria after devastating attacks on Paris and the bombing of a Russian plane. As French and Belgian investigators
Published 18 Nov, 2015 12:00am
Canada to send more military trainers to Iraq

Canada to send more military trainers to Iraq

Canada will send more military trainers to Iraq to drill local troops combating the Islamic State group, Prime Minister Justin Trudeau said Tuesday, while remaining committed to pulling out its fighter jets. In line with a campaign pledge, the newly-elect
Published 18 Nov, 2015 12:00am
500,000 children in Yemen threatened by malnutrition: UNICEF head

500,000 children in Yemen threatened by malnutrition: UNICEF head

More than half a million children are facing life-threatening severe malnutrition in Yemen where the humanitarian crisis is worsening, the head of the UN children's agency UNICEF said Tuesday. "The stunting rates in Yemen are likely to go up. It means chi
Published 18 Nov, 2015 12:00am
Italy's landmark mafia trial goes to prison

Italy's landmark mafia trial goes to prison

A trial hearing involving the alleged ringleaders of a mafia gang whose criminal tentacles reached into almost every department of Rome's City Hall took place in a prison on the outskirts of Rome Tuesday. Massimo Carminati, a convicted gangster with a his
Published 18 Nov, 2015 12:00am
ISE index gains 6.51 points

ISE index gains 6.51 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Tuesday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 6.51 points as the ISE Ten Index moved fr
Published 18 Nov, 2015 12:00am
ISE index gains 6.51 points

ISE index gains 6.51 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) on Tuesday, where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 6.51 points as the ISE Ten Index moved fr
Published 18 Nov, 2015 12:00am
LSE index up 0.71 points

LSE index up 0.71 points

Shares did recover by getting gains on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 0.71 points to 5,561.82 against 5,561.11 of Monday while the transaction volume marginally squeezed to 923,800 shares as compared with the day earlie
Published 18 Nov, 2015 12:00am
LSE index up 0.71 points

LSE index up 0.71 points

Shares did recover by getting gains on the Lahore Stock Exchange on Tuesday. The LSE-25 index improved by 0.71 points to 5,561.82 against 5,561.11 of Monday while the transaction volume marginally squeezed to 923,800 shares as compared with the day earlie
Published 18 Nov, 2015 12:00am
Nisar assumes charge as FBR chief

Nisar assumes charge as FBR chief

Nisar Muhammad on Tuesday assumed the charge of new Chairman Federal Board of Revenue (FBR) and relinquished his previous charge of the post of FBR Member Customs. According to the notification issued here on Tuesday, Tariq Bajwa, a BS-22 official, has re
Published 18 Nov, 2015 12:00am
Nisar assumes charge as FBR chief

Nisar assumes charge as FBR chief

Nisar Muhammad on Tuesday assumed the charge of new Chairman Federal Board of Revenue (FBR) and relinquished his previous charge of the post of FBR Member Customs. According to the notification issued here on Tuesday, Tariq Bajwa, a BS-22 official, has re
Published 18 Nov, 2015 12:00am
Nisar assumes charge as FBR chief

Nisar assumes charge as FBR chief

Nisar Muhammad on Tuesday assumed the charge of new Chairman Federal Board of Revenue (FBR) and relinquished his previous charge of the post of FBR Member Customs. According to the notification issued here on Tuesday, Tariq Bajwa, a BS-22 official, has re
Published 18 Nov, 2015 12:00am
BRIndex30 rises 36.16 points

BRIndex30 rises 36.16 points

On Tues-day, BRIndex30 opened at 20,375.12 points and remained positive throughout the trading session. It touched an intraday high of 20,570.64 points and an intraday low of 20,375.12 points and closed at 20,411.28 points which was 36.16 points or 0.18 p
Published 18 Nov, 2015 12:00am
BRIndex30 rises 36.16 points

BRIndex30 rises 36.16 points

On Tues-day, BRIndex30 opened at 20,375.12 points and remained positive throughout the trading session. It touched an intraday high of 20,570.64 points and an intraday low of 20,375.12 points and closed at 20,411.28 points which was 36.16 points or 0.18 p
Published 18 Nov, 2015 12:00am