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Nov 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2015-12-03
Child labour: survey to be completed by May 2017 in Punjab

Child labour: survey to be completed by May 2017 in Punjab

The United Nations Children's Fund has won praises from Provincial Minister for Labour and Human Resources Raja Ashfaq Sarwar and his department over a 50-million-rupee assistance to tackle child labour. The assistance is being done through the UN organis
Published 03 Dec, 2015 12:00am
Resolution submitted

Resolution submitted

Mahmoodur Rashid, opposition leader in Punjab Assembly has submitted a resolution in Punjab Assembly criticising imposition of regulatory duty on certain items in the country. He termed this imposition a mini budget that created financial burdens on the m
Published 03 Dec, 2015 12:00am
PTI Lawyers Wing Punjab President joins PML-Q

PTI Lawyers Wing Punjab President joins PML-Q

Pakistan Tehreek-e-Insaf (PTI) Lawyers Wing Punjab President Syed Shadab Jaffary and local leader Omar Zia Khan called on PML-Q leader Chaudhry Parvez Elahi here on Wednesday and announced to join PML-Q along with their colleagues. Welcoming them, Elahi s
Published 03 Dec, 2015 12:00am
FPCCI, Chinese delegation sign six agreements

FPCCI, Chinese delegation sign six agreements

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Muhammad Adress has invited the Chinese investors to exploit the untapped opportunities in Pakistan. He was speaking to a 27-member Chinese delegation led by Gao Yang, Chi
Published 03 Dec, 2015 12:00am
Wheat farmers advised

Wheat farmers advised

Wheat farmers are told to lower the input cost of their crops by using phosphoric fertilisers after a proper land analysis. A Punjab Agriculture Department spokesman did make it clear on Wednesday that if these farmers failed to use the fertilise during s
Published 03 Dec, 2015 12:00am
Shahbaz optimistic about future

Shahbaz optimistic about future

Punjab Chief Minister Shahbaz Sharif has said that Pakistan, under the leadership of Prime Minister Nawaz Sharif, has come out of economic crisis and the coming days will bring good news for the people of Pakistan. Addressing an international forum arrang
Published 03 Dec, 2015 12:00am
LHC stays UC 34 election result

LHC stays UC 34 election result

The Lahore High Court (LHC) has stayed the poll result of the Union Council 34 in Lalyani town in Sargodha following a petition concerning women being stopped from casting their votes and served the Election Commission of Pakistan with a notice. On Tuesda
Published 03 Dec, 2015 12:00am
Textile woes: MCCI sends 'SOS' to government
Cotton

Textile woes: MCCI sends 'SOS' to government

Multan Chamber of Commerce & Industry has sent a SOS call to the government for saving the local textile industry from destruction and joblessness of millions of workers. President of MCCI Fareed Mughis Sheikh has said that the surge in import of man-made
Published 03 Dec, 2015 12:00am
Wattoo demands Rs 1500 per 40 kg wheat support price

Wattoo demands Rs 1500 per 40 kg wheat support price

President PPP Punjab Manzoor Ahmed Wattoo has demanded of fixing the support price of wheat at Rs 1500 per 40 kilogram this year. "Import of maze should be banned as this commodity is already surplus in the country," he added. He said that the support pri
Published 03 Dec, 2015 12:00am
Mini-budget: IPR 'fact-sheet' raises the alarm

Mini-budget: IPR 'fact-sheet' raises the alarm

A fact-sheet, released by the Institute of Policy Reforms (IPR) on Wednesday, said the objective of announcing the mini-budget by the Pakistan Muslim League-Nawaz apparently was to cover a revenue shortfall of Rs 40 billion in the Federal Board of Revenue
Published 03 Dec, 2015 12:00am
US MIDDAY: gold falls to 2010 low

US MIDDAY: gold falls to 2010 low

Gold fell to its lowest in nearly six years on Wednesday, extending losses as Federal Reserve Chair Janet Yellen said she was "looking forward" to an interest rate hike that will mark the US economy's recovery from recession.
Published 03 Dec, 2015 12:00am
The Weather

The Weather

The weather report on Wednesday (December 02, 2015) and the forecast for Thursday (December 02, 2015).

Published 03 Dec, 2015 12:00am
Geo-economics and national security

Geo-economics and national security

This is apropos 'Geo-economics and national security' carried by Business Recorder yesterday. I agree with M. Ziauddin, the writer, that Afghanistan should have its share from the booty out of Tapi pipelines. However, giving it to the government of
Published 03 Dec, 2015 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (December 02, 2015).

Published 03 Dec, 2015 12:00am
Asia-Pacific: response to climate change

Asia-Pacific: response to climate change

Global leaders are gathered in Paris for the COP21 climate summit. Given Asia-Pacific's size and its contribution to global greenhouse gas emissions, its voice and commitment are critical to achieving a comprehensive agreement on climate change. Many Asia
Published 03 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 03 Dec, 2015 12:00am
Interpretation of exemption notifications

Interpretation of exemption notifications

It is a basic rule of interpretation, colloquially termed as the 'literal rule', that words of a provision must be given ordinary or natural meaning unless a statute explicitly defines some of its terms otherwise. However in some cases, courts depart from
Published 03 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 03 Dec, 2015 12:00am
VIEW POINT: Whither the rule of law?

VIEW POINT: Whither the rule of law?

Last week, Ehtesab bench of the Islamabad High Court exonerated former president and PPP co-Chairman Asif Ali Zardari in the infamous SGS and Cotecna corruption references, drawing sarcastic remarks from the family and others against the PML-N leadership
Published 03 Dec, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (December 02, 2015).

Published 03 Dec, 2015 12:00am
Encouraging portends for peace

Encouraging portends for peace

If the world is at "breaking point" in the fight against global warming, one would like to unreservedly share French President Francois Hollande's optimism in his address to the opening session of the climate summit. Whether the Sharif-Modi meeting, also
Published 03 Dec, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (December 02, 2015)

Published 03 Dec, 2015 12:00am
'The money that prays'

'The money that prays'

The government appears to be very supportive of Islamic banking and, the State Bank of Pakistan (SBP) is keen for implementation of Supreme Court's decision of 2002 declaring bank interest as haram. Speaking at the launch of 'Centre of Excellence in Islam
Published 03 Dec, 2015 12:00am
Iran did work 'relevant' to nuclear bomb pre-2003: UN

Iran did work 'relevant' to nuclear bomb pre-2003: UN

Iran conducted activities "relevant" to developing nuclear weapons at least until the end of 2003, the UN atomic watchdog said Thursday in a major report on Tehran's past activities. "The agency assesses that a range of activities relevant to the developm
Published 03 Dec, 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 (December 02, 2015).

Published 03 Dec, 2015 12:00am
Iran did work 'relevant' to nuclear bomb pre-2003: UN

Iran did work 'relevant' to nuclear bomb pre-2003: UN

Iran conducted activities "relevant" to developing nuclear weapons at least until the end of 2003, the UN atomic watchdog said Thursday in a major report on Tehran's past activities. "The agency assesses that a range of activities relevant to the developm
Published 03 Dec, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 02, 2015).

Published 03 Dec, 2015 12:00am
PSO seeks 7 LNG cargoes for January-February delivery

PSO seeks 7 LNG cargoes for January-February delivery

Pakistan State Oil Company launched a tender to buy seven cargoes of liquefied natural gas (LNG) with a capacity of 140,185 cubic metres each over January and February next year. Deliveries must be made at the Port Qasim terminal in three day loading wind
Published 03 Dec, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (December 02, 2015).

Published 03 Dec, 2015 12:00am
PSO seeks 7 LNG cargoes for January-February delivery

PSO seeks 7 LNG cargoes for January-February delivery

Pakistan State Oil Company launched a tender to buy seven cargoes of liquefied natural gas (LNG) with a capacity of 140,185 cubic metres each over January and February next year. Deliveries must be made at the Port Qasim terminal in three day loading wind
Published 03 Dec, 2015 12:00am
PSO seeks 7 LNG cargoes for January-February delivery

PSO seeks 7 LNG cargoes for January-February delivery

Pakistan State Oil Company launched a tender to buy seven cargoes of liquefied natural gas (LNG) with a capacity of 140,185 cubic metres each over January and February next year. Deliveries must be made at the Port Qasim terminal in three day loading wind
Published 03 Dec, 2015 12:00am
HEC sell-off plan: Parliamentary body seeks minutes of meetings

HEC sell-off plan: Parliamentary body seeks minutes of meetings

A sub-committee of Senate Standing Committee on Finance has sought from Privatisation Commission the minutes of transaction committee meetings as well as Privatization Commission board''s meetings on privatisation of Heavy Electrical Complex (HEC). A meet
Published 03 Dec, 2015 12:00am
THE RUPEE: rates stay firm
Currency

THE RUPEE: rates stay firm

The rupee halted further decline against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee shed one paisa against the dollar for buying and selling at Rs 105.53 and Rs 105.55, they said.
Published 03 Dec, 2015 12:00am
HEC sell-off plan: Parliamentary body seeks minutes of meetings

HEC sell-off plan: Parliamentary body seeks minutes of meetings

A sub-committee of Senate Standing Committee on Finance has sought from Privatisation Commission the minutes of transaction committee meetings as well as Privatization Commission board's meetings on privatisation of Heavy Electrical Complex (HEC). A meeti
Published 03 Dec, 2015 12:00am
THE RUPEE: rates stay firm
Currency

THE RUPEE: rates stay firm

The rupee halted further decline against the dollar on the money market on Wednesday in the process of trading, dealers said. The rupee shed one paisa against the dollar for buying and selling at Rs 105.53 and Rs 105.55, they said.
Published 03 Dec, 2015 12:00am
HEC sell-off plan: Parliamentary body seeks minutes of meetings

HEC sell-off plan: Parliamentary body seeks minutes of meetings

A sub-committee of Senate Standing Committee on Finance has sought from Privatisation Commission the minutes of transaction committee meetings as well as Privatization Commission board's meetings on privatisation of Heavy Electrical Complex (HEC). A meeti
Published 03 Dec, 2015 12:00am
Brother kills sister for voting

Brother kills sister for voting

An angry brother shot his elder sister dead because she voted in local elections after he had forbidden her to do so, police said Wednesday. The murder occurred in the town of Taxila 25 kilometres (15 miles) west of Islamabad on Tuesday, according to offi
Published 03 Dec, 2015 12:00am
Brother kills sister for voting

Brother kills sister for voting

An angry brother shot his elder sister dead because she voted in local elections after he had forbidden her to do so, police said Wednesday. The murder occurred in the town of Taxila 25 kilometres (15 miles) west of Islamabad on Tuesday, according to offi
Published 03 Dec, 2015 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (December 02, 2015).

Published 03 Dec, 2015 12:00am
Record rains flood south Indian state; more to come

Record rains flood south Indian state; more to come

The heaviest rainfall in over a century caused massive flooding across the Indian state of Tamil Nadu, driving thousands from their homes, shutting auto factories and paralysing the airport in the state capital Chennai. The national weather office predict
Published 03 Dec, 2015 12:00am
Record rains flood south Indian state; more to come

Record rains flood south Indian state; more to come

The heaviest rainfall in over a century caused massive flooding across the Indian state of Tamil Nadu, driving thousands from their homes, shutting auto factories and paralysing the airport in the state capital Chennai. The national weather office predict
Published 03 Dec, 2015 12:00am
NPLs exceed Rs 21 billion in 9MCY15

NPLs exceed Rs 21 billion in 9MCY15

Non-Performing Loans (NPLs) of the banking industry (banks and DFIs) kept on accumulating, climbing to over Rs 21 billion in the first nine months of this calendar year (CY15). Bankers said that after posting an optimistic trend during the last calendar y
Published 03 Dec, 2015 12:00am
NPLs exceed Rs 21 billion in 9MCY15

NPLs exceed Rs 21 billion in 9MCY15

Non-Performing Loans (NPLs) of the banking industry (banks and DFIs) kept on accumulating, climbing to over Rs 21 billion in the first nine months of this calendar year (CY15). Bankers said that after posting an optimistic trend during the last calendar y
Published 03 Dec, 2015 12:00am
NPLs exceed Rs 21 billion in 9MCY15

NPLs exceed Rs 21 billion in 9MCY15

Non-Performing Loans (NPLs) of the banking industry (banks and DFIs) kept on accumulating, climbing to over Rs 21 billion in the first nine months of this calendar year (CY15). Bankers said that after posting an optimistic trend during the last calendar y
Published 03 Dec, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 Dec, 2015 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

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

Published 03 Dec, 2015 12:00am
Trump, Clinton extend leads in US 2016 race: poll

Trump, Clinton extend leads in US 2016 race: poll

Donald Trump has extended his lead in the Republican presidential nomination race amid a fresh bout of controversy over his remarks about Muslims, while Hillary Clinton has consolidated her lead among Democrats, a poll showed Wednesday. Less than two mont
Published 03 Dec, 2015 12:00am
LSE index rises 26.75 points

LSE index rises 26.75 points

Shares on the Lahore Stock Exchange swung to and fro but finally settled in the green zone on Wednesday. The LSE-25 index gained 26.75 points to 5,207.93 against 5,181.18 of Tuesday while the transaction volume squeezed to 2.246 million shares as compared
Published 03 Dec, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 03 Dec, 2015 12:00am
LSE index rises 26.75 points

LSE index rises 26.75 points

Shares on the Lahore Stock Exchange swung to and fro but finally settled in the green zone on Wednesday. The LSE-25 index gained 26.75 points to 5,207.93 against 5,181.18 of Tuesday while the transaction volume squeezed to 2.246 million shares as compared
Published 03 Dec, 2015 12:00am
ISE index gains 58.22 points

ISE index gains 58.22 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 58.22 points as the ISE Ten Index moved from 2,695.29
Published 03 Dec, 2015 12:00am
ISE index gains 58.22 points

ISE index gains 58.22 points

Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in index. ISE Ten Index showed an improvement of 58.22 points as the ISE Ten Index moved from 2,695.29
Published 03 Dec, 2015 12:00am
BRIndex30 gains 481.45 points

BRIndex30 gains 481.45 points

On Wednesday, BRIndex30 opened at 18,843.65. It touched an intraday high of 19,367.53 and an intraday Low of 18,718.90 and closed at 19,325.10 which was 481.45 points or 2.55 percent higher than previous close. Total volume was 105,756,700, which was 55.2
Published 03 Dec, 2015 12:00am
BRIndex30 gains 481.45 points

BRIndex30 gains 481.45 points

On Wednesday, BRIndex30 opened at 18,843.65. It touched an intraday high of 19,367.53 and an intraday Low of 18,718.90 and closed at 19,325.10 which was 481.45 points or 2.55 percent higher than previous close. Total volume was 105,756,700, which was 55.2
Published 03 Dec, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks made a strong comeback Wednesday with the KSE-100 index gaining 683.56 points or 2.16 percent after days of murky trade. The benchmark index rebounded to 32,392.92 points from Tuesday''s months-low of 31,709.36 points. "After falling for 10 consecu
Published 03 Dec, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks made a strong comeback Wednesday with the KSE-100 index gaining 683.56 points or 2.16 percent after days of murky trade. The benchmark index rebounded to 32,392.92 points from Tuesday's months-low of 31,709.36 points. "After falling for 10 consecut
Published 03 Dec, 2015 12:00am
Stocks snap losing streak

Stocks snap losing streak

Stocks made a strong comeback Wednesday with the KSE-100 index gaining 683.56 points or 2.16 percent after days of murky trade. The benchmark index rebounded to 32,392.92 points from Tuesday's months-low of 31,709.36 points. "After falling for 10 consecut
Published 03 Dec, 2015 12:00am
Provinces concerned at meddling by ECC

Provinces concerned at meddling by ECC

Provinces have expressed their serious reservations over the Economic Co-ordination Committee (ECC) meddling in their affairs and demanded of the federal government to take up issues related to provinces at the Council of Common Interest (CCI) forum rathe
Published 03 Dec, 2015 12:00am
Provinces concerned at meddling by ECC

Provinces concerned at meddling by ECC

Provinces have expressed their serious reservations over the Economic Co-ordination Committee (ECC) meddling in their affairs and demanded of the federal government to take up issues related to provinces at the Council of Common Interest (CCI) forum rathe
Published 03 Dec, 2015 12:00am
Provinces concerned at meddling by ECC

Provinces concerned at meddling by ECC

Provinces have expressed their serious reservations over the Economic Co-ordination Committee (ECC) meddling in their affairs and demanded of the federal government to take up issues related to provinces at the Council of Common Interest (CCI) forum rathe
Published 03 Dec, 2015 12:00am
Experts stipulate steps aimed at boosting exports

Experts stipulate steps aimed at boosting exports

Commerce Minister Engineer Khurram Dastgir on Wednesday discussed reasons behind export sector''s dismal performance and the strategy for a quantum rise with a panel of experts comprising former Governors of State Bank of Pakistan (SBP), Dr Ishrat Hussain
Published 03 Dec, 2015 12:00am
Experts stipulate steps aimed at boosting exports

Experts stipulate steps aimed at boosting exports

Commerce Minister Engineer Khurram Dastgir on Wednesday discussed reasons behind export sector's dismal performance and the strategy for a quantum rise with a panel of experts comprising former Governors of State Bank of Pakistan (SBP), Dr Ishrat Hussain,
Published 03 Dec, 2015 12:00am
Experts stipulate steps aimed at boosting exports

Experts stipulate steps aimed at boosting exports

Commerce Minister Engineer Khurram Dastgir on Wednesday discussed reasons behind export sector's dismal performance and the strategy for a quantum rise with a panel of experts comprising former Governors of State Bank of Pakistan (SBP), Dr Ishrat Hussain,
Published 03 Dec, 2015 12:00am
Iraq does not need foreign ground forces to defeat IS: Prime Minister

Iraq does not need foreign ground forces to defeat IS: Prime Minister

Prime Minister Haider al-Abadi said Iraq does not need foreign ground troops to defeat the Islamic State group, after Washington announced it would deploy special forces to fight the jihadists. Abadi did not directly reject the deployment, but did insist
Published 03 Dec, 2015 12:00am
Iraq does not need foreign ground forces to defeat IS: Prime Minister

Iraq does not need foreign ground forces to defeat IS: Prime Minister

Prime Minister Haider al-Abadi said Iraq does not need foreign ground troops to defeat the Islamic State group, after Washington announced it would deploy special forces to fight the jihadists. Abadi did not directly reject the deployment, but did insist
Published 03 Dec, 2015 12:00am
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