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Print - 2015-12-15
Greece sells 14 airports in privatisation drive

Greece sells 14 airports in privatisation drive

Greece said Monday it agreed to sell 14 regional airports to a German operator, the first major privatisation move for the country's left-wing government. The Greek privatisation agency said it was selling the airports to German airport operator Fraport f
Published 15 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 15 Dec, 2015 12:00am
Board Meetings

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Dec, 2015 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 15 Dec, 2015 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

Rates moved both ways on the money market on Monday in the process of trading activity, dealers said. The rupee continued its fall against the dollar, shedding 15-paisa for buying and selling at Rs 104.40 and Rs 104.45 respectively, they said.
Published 15 Dec, 2015 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

Rates moved both ways on the money market on Monday in the process of trading activity, dealers said. The rupee continued its fall against the dollar, shedding 15-paisa for buying and selling at Rs 104.40 and Rs 104.45 respectively, they said.
Published 15 Dec, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 4th December, 2015.

Published 15 Dec, 2015 12:00am
State Bank statement of affairs

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 4th December, 2015.

Published 15 Dec, 2015 12:00am
Sindh government spending nothing on Rangers: Nisar

Sindh government spending nothing on Rangers: Nisar

Interior Minister Chaudhry Nisar Ali Khan said Monday some people were "doing politics of Sindh and Pakistan" as a shield to hide their misdeeds. In a statement, Interior Minister Chaudhry Nisar Ali Khan said "Neither centre nor any federal institution ha
Published 15 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 Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
Sindh government spending nothing on Rangers: Nisar

Sindh government spending nothing on Rangers: Nisar

Interior Minister Chaudhry Nisar Ali Khan said Monday some people were "doing politics of Sindh and Pakistan" as a shield to hide their misdeeds. In a statement, Interior Minister Chaudhry Nisar Ali Khan said "Neither centre nor any federal institution ha
Published 15 Dec, 2015 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
FBR takes major decisions to resolve 'IRIS' issues

FBR takes major decisions to resolve 'IRIS' issues

The Federal Board of Revenue (FBR) has taken major decisions to resolve operational issues of Information Technology and 'IRIS' software. The steps include merger of sales tax/income tax jurisdiction, powers to the Regional Tax Offices (RTOs) to issue Fre
Published 15 Dec, 2015 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
FBR takes major decisions to resolve 'IRIS' issues

FBR takes major decisions to resolve 'IRIS' issues

The Federal Board of Revenue (FBR) has taken major decisions to resolve operational issues of Information Technology and 'IRIS' software. The steps include merger of sales tax/income tax jurisdiction, powers to the Regional Tax Offices (RTOs) to issue Fre
Published 15 Dec, 2015 12:00am
FBR takes major decisions to resolve ''IRIS'' issues

FBR takes major decisions to resolve ''IRIS'' issues

The Federal Board of Revenue (FBR) has taken major decisions to resolve operational issues of Information Technology and ''IRIS'' software. The steps include merger of sales tax/income tax jurisdiction, powers to the Regional Tax Offices (RTOs) to issue F
Published 15 Dec, 2015 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (December 14, 2015)

Published 15 Dec, 2015 12:00am
Composite Bilateral Dialogue: HC throws spanner in the works

Composite Bilateral Dialogue: HC throws spanner in the works

India's representative to Pakistan said Monday his country was only prepared to discuss the part of Kashmir "controlled" by Islamabad in upcoming peace talks, presenting a potential stumbling block days after the dialogue was announced. High commissioner
Published 15 Dec, 2015 12:00am
Composite Bilateral Dialogue: HC throws spanner in the works

Composite Bilateral Dialogue: HC throws spanner in the works

India's representative to Pakistan said Monday his country was only prepared to discuss the part of Kashmir "controlled" by Islamabad in upcoming peace talks, presenting a potential stumbling block days after the dialogue was announced. High commissioner
Published 15 Dec, 2015 12:00am
Comprehensive dialogue marks a 'new beginning': Sushma

Comprehensive dialogue marks a 'new beginning': Sushma

The new 'Comprehensive Bilateral Dialogue' will result in a "new beginning" in ties between India and Pakistan, External Affairs Minister (EAM) Sushma Swaraj on Monday said. "The new (Comprehensive Bilateral) Dialogue, we sincerely hope, marks a new begin
Published 15 Dec, 2015 12:00am
Comprehensive dialogue marks a 'new beginning': Sushma

Comprehensive dialogue marks a 'new beginning': Sushma

The new 'Comprehensive Bilateral Dialogue' will result in a "new beginning" in ties between India and Pakistan, External Affairs Minister (EAM) Sushma Swaraj on Monday said. "The new (Comprehensive Bilateral) Dialogue, we sincerely hope, marks a new begin
Published 15 Dec, 2015 12:00am
Basit says terror will not derail talks

Basit says terror will not derail talks

Pakistan High Commissioner Abdul Basit has said that the India-Pakistan dialogue won't get derailed in case of another terror attack. In an exclusive interview with India Today's, Basit claimed that India has given commitment that terror will not affect t
Published 15 Dec, 2015 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (December 14, 2015).

Published 15 Dec, 2015 12:00am
Basit says terror will not derail talks

Basit says terror will not derail talks

Pakistan High Commissioner Abdul Basit has said that the India-Pakistan dialogue won't get derailed in case of another terror attack. In an exclusive interview with India Today's, Basit claimed that India has given commitment that terror will not affect t
Published 15 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 15 Dec, 2015 12:00am
Greece sells 14 airports in privatisation drive

Greece sells 14 airports in privatisation drive

Greece said Monday it agreed to sell 14 regional airports to a German operator, the first major privatisation move for the country's left-wing government. The Greek privatisation agency said it was selling the airports to German airport operator Fraport f
Published 15 Dec, 2015 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 15 Dec, 2015 12:00am
PCSIR Lab to be set up in Faisalabad: Dr Shahzad

PCSIR Lab to be set up in Faisalabad: Dr Shahzad

Dr Shahzad Alam, Chairman PCSIR said that a World Class and state-of-the-art PCSIR (Pakistan Council for Scientific and Industrial Research) Laboratory will be set up in Faisalabad with an estimated cost of Rs 500 million. Addressing a meeting of the Fais
Published 15 Dec, 2015 12:00am
Weak oil, risk aversion pull down copper

Weak oil, risk aversion pull down copper

Copper slipped on Monday as oil tumbled towards 11-year lows and risk appetite was subdued ahead of an expected US rate hike, although better than expected Chinese economic data put a firm floor under prices. Oil moved to within a hair of 11-year lows at
Published 15 Dec, 2015 12:00am
Shanghai copper up

Shanghai copper up

Shanghai Futures Exchange copper closed up 2.1 percent on Monday, having tracked London copper in Friday's overnight session, but prices stayed near two-week highs as better than expected Chinese economic data soothed demand concerns. Given the high conce
Published 15 Dec, 2015 12:00am
Brazil 2016 coffee crop seen at 47-49 million bags

Brazil 2016 coffee crop seen at 47-49 million bags

Brazil, the world's largest coffee producer and exporter, could harvest between 47 million and 49 million 60-kg bags next year, around 15 percent more than this year, if the weather remains favourable in coming months, Silas Brasileiro, head of Brazil's N
Published 15 Dec, 2015 12:00am
TAPI breakthrough

TAPI breakthrough

Prime Minister Nawaz Sharif and the heads of government of Turkmenistan and Afghanistan and India's Vice President Mohammad Hamid Ansari participated on Sunday in a ceremony launching the Turkmenistan-Pakistan-Afghanistan-India (TAPI) gas pipeline in Mary
Published 15 Dec, 2015 12:00am
Saudi progress towards democratization

Saudi progress towards democratization

"Voted! For first time in my adult life, you may find this laughable but hey, it's a start", tweeted Rem Mohammad Assad. She is one of the 106,000 women who cast her vote in the first-ever election open for females voters and candidates held over the week
Published 15 Dec, 2015 12:00am
And the nightmare unfolded...

And the nightmare unfolded...

The December 16 attack on the Army Public School (APS) in Peshawar was the worst terrorist act in Pakistan's history that claimed the lives of more than 149 people, including 134 children, and a nearly equal number injured. After a squad of many armed men
Published 15 Dec, 2015 12:00am
Fed rate hike wrong move for emerging economies
Currency

Fed rate hike wrong move for emerging economies

An expected first interest rate rate in almost a decade by the Federal Reserve on Wednesday could squeeze emerging economies' room for manoeuvre as they try to stave off recession, analysts warn. The rise would mark "the end of a very big illusion," says
Published 15 Dec, 2015 12:00am
Rangers no long-term solution

Rangers no long-term solution

The Karachi operation that has gone on under the current government has so far reaped fruits however experts fear that the peace will only persevere while the rangers remain deployed actively in the city. Clearly, this is not a long-term solution. Lessons
Published 15 Dec, 2015 12:00am
Draft Company Law-2015

Draft Company Law-2015

Books on interpretation of statutes are full of delicacies with reference to use of the words "may" and "shall". 'Shall' would normally denote a command, a direction or order to the 'functionary' to take the course directed, no option allowed. This may or
Published 15 Dec, 2015 12:00am
Punjab delegation leaves for Turkey

Punjab delegation leaves for Turkey

A Punjab government 12-member delegation left for Turkey on Monday to acquire knowledge about the local government and technical education systems. The chief minister's Advisor, Khawaja Ahmed Hassan, is leading the delegation.
Published 15 Dec, 2015 12:00am
DGI&I recovers goods worth Rs 95 million; four held

DGI&I recovers goods worth Rs 95 million; four held

The Directorate of Intelligence & Investigation (Anti-smuggling), Karachi Monday claimed to have arrested four persons and recovered huge quantity of various smuggled goods worth Rs 95 millions during anti-smuggling drive in December. According to officia
Published 15 Dec, 2015 12:00am
Asif asks KE to introduce 'conservation policy'

Asif asks KE to introduce 'conservation policy'

Khawaja Muhammad Asif, Federal Minister of Water, Power and Defence, on Monday urged Karachi Electric (KE) to introduce conservation policy and spread the initiative among its consumers as all power initiatives will remain temporary sans 'resources' stori
Published 15 Dec, 2015 12:00am
PTI, PML-N & F seek extension in powers of Rangers

PTI, PML-N & F seek extension in powers of Rangers

The PTI, PML-N and PML-F on Monday demanded that Rangers be authorised to clamp down on corrupt people, besides carrying out actions against outlaws and terrorists in the city. Speaking at a joint press conference outside Sindh Assembly Building, the oppo
Published 15 Dec, 2015 12:00am
Police arrest shopkeeper for banning minority

Police arrest shopkeeper for banning minority

Police charged a shopkeeper with blasphemy Monday after he banned members of the Ahmadi minority from entering his shop. The shopkeeper in Lahore was charged with spreading religious hatred, officials said, citing the National Action Plan. According to po
Published 15 Dec, 2015 12:00am
Khursheed Shah criticises government for 'creating' controversy

Khursheed Shah criticises government for 'creating' controversy

Leader of Opposition in the National Assembly Syed Khursheed Shah on Monday lauded Rangers for restoring peace in Karachi but lambasted the federal government in the same breath for what he called creating 'unnecessary controversy' on the paramilitary for
Published 15 Dec, 2015 12:00am
APS carnage": participants of rallies pledge to fight against terrorism

APS carnage": participants of rallies pledge to fight against terrorism

Hundreds of rally participants including citizens and public servants on Monday have widely condemned terrorism across the country, paid great tribute to martyrs of Peshawar Army Public School (APS) and pledged continue fighting against terrorism networks
Published 15 Dec, 2015 12:00am
Alleged link with outlawed outfit: two PU professors, student held

Alleged link with outlawed outfit: two PU professors, student held

The Counter-Terrorism Department has arrested two Punjab University (PU) faculty members and a student in a raid over their alleged link with an outlawed organisation. The teachers are identified as Assistant Professor Amir Saeed of the Institute of Admin
Published 15 Dec, 2015 12:00am
Promotion of Islamic finance: Standard Chartered, LUMS sign agreement

Promotion of Islamic finance: Standard Chartered, LUMS sign agreement

Standard Chartered Bank and Lahore University of Management Sciences (LUMS) signed a Memorandum of Understanding, with a primary focus to promote State Bank of Pakistan's initiative of establishing Centres of Excellence in Islamic Finance to promote the I
Published 15 Dec, 2015 12:00am
ASDRC organises seminar on autism and learning disabilities

ASDRC organises seminar on autism and learning disabilities

A seminar on Autism & Learning Disabilities Awareness was organised in Karachi by the Autism Spectrum Disorders Resource Centre (ASDRC) Lahore on Saturday at a local hotel. It was attended by more than two hundred parents and professionals including teach
Published 15 Dec, 2015 12:00am
US CG appreciates efforts of CPLC

US CG appreciates efforts of CPLC

US Counsel General Brian Heath on Monday appreciated the efforts of Citizen Police Liaison Committee's (CPLC) efforts which are evident from the declining trend in heinous crimes in the city. The US Counsel General expressed these views during his visit t
Published 15 Dec, 2015 12:00am
No major terror incident has hit Karachi in 10 days: Khuhro

No major terror incident has hit Karachi in 10 days: Khuhro

Sindh Senior Minister for Education Nisar Khuhro on Monday ruled out the possibility of sending Rangers packing, saying that the government was planning to ratify the law enforcers' stay first before assigning them policing powers. Speaking at a press con
Published 15 Dec, 2015 12:00am
Nisar asked to brief Senate on implementation of NAP

Nisar asked to brief Senate on implementation of NAP

Senate Chairman Raza Rabbani Monday directed federal minister for interior to give a detailed briefing to the House on December 16 on the implementation of the National Action Plan (NAP) - launched in January 2015 for crackdown on terrorism in the wake of
Published 15 Dec, 2015 12:00am
CE notification

CE notification

The Chief Engineer, Irrigation Kotri Barrage, Hyderabad has notified that off-taking canals of Kotri Barrage ie Akram Wah (Lined Channel), Old Phuleli (Pinyari), New Phuleli (Phuleli), KB Feeder Upper, Wadu Wah and Fasadi Wah will remain closed from Decem
Published 15 Dec, 2015 12:00am
REAP, FPCCI appreciate services of Rangers

REAP, FPCCI appreciate services of Rangers

Noman Ahmed Shaikh, Senior Vice Chairman Rice Exporters Association of Pakistan (REAP) and Abdul Rahim Janoo, SVP, FPCCI in a joint statement said that Pakistan Rangers (Sindh) extended their great efforts for bringing back the peaceful environment of Kar
Published 15 Dec, 2015 12:00am
European envoys vow help in fight against terrorism

European envoys vow help in fight against terrorism

German Ambassador Ina Lepel, British High Commissioner Philip Barton and Ambassador of European Union Jean Francois attended the inauguration of Mock Crime Scene Facility constructed at the cost of Rs 5 million with the cooperation of German Institution G
Published 15 Dec, 2015 12:00am
Media men barred from covering Meera's case

Media men barred from covering Meera's case

A judicial magistrate has barred media men from covering the case of a private complaint by a businessman who claims to be the husband of a popular actress accused of theft and intimidation. On Monday, the magistrate said the case was not in-camera and th
Published 15 Dec, 2015 12:00am
LCCI hails inauguration of TAPI project

LCCI hails inauguration of TAPI project

The Lahore Chamber of Commerce and Industry has hailed the launching of the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project and termed it "a revolution in the energy sector". The proposed 1,735-kilometre long (1,078-mile) pipeline will carry
Published 15 Dec, 2015 12:00am
Businessmen urged to expedite joint ventures with Iran

Businessmen urged to expedite joint ventures with Iran

Former senior vice president of Lahore Chamber of Commerce and Industry (LCCI) Mian Nauman Kabir has urged the Pakistani businessmen to expedite the process of joint ventures with Iranian counterparts as both the countries have huge potential to reach the
Published 15 Dec, 2015 12:00am
APTMA fears complete closure of mills before end-December
Cotton

APTMA fears complete closure of mills before end-December

All Pakistan Textile Mills Association (APTMA) Punjab Chairman Aamir Fayyaz has hinted at closing down textile mills throughout the province before end of this month. "The members are ready to close down mills in Punjab while 2/3rd majority has supported
Published 15 Dec, 2015 12:00am
PIA employees stage sit-in

PIA employees stage sit-in

Employees of Pakistan International Airlines (PIA) staged a sit-in protest outside PIA s city booking office under the leadership of Mehr Kalim Klasra, Mehr Qadar Bakhsh,Asad Mehmood Bukhari, Jawad Umar, Shahid Bilal Lashari shouted slogans against privat
Published 15 Dec, 2015 12:00am
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