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Print - 2016-01-05
The Weather

The Weather

The weather report on Monday (January 04, 2016) and the forecast for Tuesday (January 05, 2016).

Published 05 Jan, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 04, 2016).

Published 05 Jan, 2016 12:00am
Prime Minister arrives in Sri Lanka on three-day official visit

Prime Minister arrives in Sri Lanka on three-day official visit

Prime Minister Nawaz Sharif on Monday arrived in the Sri Lanka's capital Colombo to hold meetings with the Sri Lankan leadership on issues of mutual interest. Sri Lanka's Prime Minister Ranil Wickremesinghe received Prime Minister Sharif on his arrival at
Published 05 Jan, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 04, 2016).

Published 05 Jan, 2016 12:00am
Haqqani rebuked for presenting anti-state views

Haqqani rebuked for presenting anti-state views

A media report has criticised Pakistan's former ambassador to the United States, Hussain Haqqani, for allegedly speaking against the state and misrepresenting the country's fight against terrorism. The report carried out by website 'ZoneAsia-PK' said that
Published 05 Jan, 2016 12:00am
Final RLNG price in two weeks: Ogra chairman

Final RLNG price in two weeks: Ogra chairman

Oil and Gas Regulatory Authority (ORGRA) will determine the final price of the RLNG (Re-gasified Liquefied Natural Gas) within next two weeks after completion of public hearing process in this regard. Chairman OGRA Saeed Ahmed Khan said this while talking
Published 05 Jan, 2016 12:00am
Supreme Court dismisses petition against Mirani's success

Supreme Court dismisses petition against Mirani's success

The Supreme Court of Pakistan on Monday dismissed election petition filed by Ibrahim Jatoi against the decision of Election Tribunal over the success of Pakistan People Party (PPP) Aftab Shaban Mirani from NA 202 Shikarpur. The three-member bench headed b
Published 05 Jan, 2016 12:00am
'A troublesome CII'

'A troublesome CII'

"A troublesome CII carried by Business Recorder on Sunday. This is one of the best moments on the scuffle that took place between the two Ulema at a recent meeting of the Council of Islamic Ideology (CCI). The editorial has argued that "the Council
Published 05 Jan, 2016 12:00am
China challenge: getting poor migrant workers to buy vacant homes

China challenge: getting poor migrant workers to buy vacant homes

Rattled by the potential economic fallout from millions of unsold homes, China wants migrant workers to buy properties in smaller cities and ease the burden on a real estate sector that makes up about 15 percent of the country's economic growth. The move
Published 05 Jan, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 04, 2016)

Published 05 Jan, 2016 12:00am
The voluntary tax compliance scheme

The voluntary tax compliance scheme

The Government has presented to the National Assembly a bill on a voluntary tax compliance scheme (VTCS) for traders. This is the outcome of extended deliberations with the trading community following the imposition of 0.6 per cent withholding tax on vari
Published 05 Jan, 2016 12:00am
Yet another amnesty?
Exchange

Yet another amnesty?

On January 1, the Voluntary Tax Compliance Scheme (VTCS) the Prime Minister announced was a New Year gift for the trader community and also earned a "gold medal there for, but since VTCS will amend the Income Tax Ordinance, and therefore require parliamen
Published 05 Jan, 2016 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 (January 04, 2016).

Published 05 Jan, 2016 12:00am
Health insurance for the poor

Health insurance for the poor

Prime Minister Nawaz Sharif launched the first-ever public sector health insurance programme for the poor on Thursday, describing it as a first step towards making Pakistan a welfare state. It is to be implemented in two phases starting with Islamabad and
Published 05 Jan, 2016 12:00am
Grain market rates
Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (January 04, 2016).

Published 05 Jan, 2016 12:00am
The Saudi economy
Exchange

The Saudi economy

After enjoying a long period of abundance and prosperity, Saudi Arabia is all set to see its fortune diminishing in the near future due to a drastic fall in crude prices. Reflecting this scenario, it announced a record budget deficit and cuts in fuel and
Published 05 Jan, 2016 12:00am
Nafees Zakaria made new FO spokesperson

Nafees Zakaria made new FO spokesperson

The government has appointed Mohammad Nafees Zakaria as the new spokesperson for Foreign Office replacing Qazi Khalilullah. Sources said that Zakaria will be replacing Khalilullah who has been appointed as Pakistan Ambassador to Russian Federation. Zakari
Published 05 Jan, 2016 12:00am
Nafees Zakaria made new FO spokesperson

Nafees Zakaria made new FO spokesperson

The government has appointed Mohammad Nafees Zakaria as the new spokesperson for Foreign Office replacing Qazi Khalilullah. Sources said that Zakaria will be replacing Khalilullah who has been appointed as Pakistan Ambassador to Russian Federation. Zakari
Published 05 Jan, 2016 12:00am
Saudi Arabia recruits Sunni allies in row with Iran

Saudi Arabia recruits Sunni allies in row with Iran

Saudi Arabia rallied Sunni allies to its side in a growing diplomatic row with Iran on Monday, deepening a sectarian split across the Middle East following the kingdom's execution of a prominent Shia cleric. Bahrain and Sudan cut all ties with Iran, follo
Published 05 Jan, 2016 12:00am
Saudi Arabia recruits Sunni allies in row with Iran

Saudi Arabia recruits Sunni allies in row with Iran

Saudi Arabia rallied Sunni allies to its side in a growing diplomatic row with Iran on Monday, deepening a sectarian split across the Middle East following the kingdom's execution of a prominent Shia cleric. Bahrain and Sudan cut all ties with Iran, follo
Published 05 Jan, 2016 12:00am
PPP won't allow anyone to 'encroach power': Zardari

PPP won't allow anyone to 'encroach power': Zardari

Pakistan People's Party Co-chairperson Asif Ali Zardari has said his party has resolved that it will not allow anyone to encroach power. On the eve of the 88th birth anniversary of Shaheed Zulfikar Ali Bhutto on Tuesday, he said in a statement that "I urg
Published 05 Jan, 2016 12:00am
PPP won't allow anyone to 'encroach power': Zardari

PPP won't allow anyone to 'encroach power': Zardari

Pakistan People's Party Co-chairperson Asif Ali Zardari has said his party has resolved that it will not allow anyone to encroach power. On the eve of the 88th birth anniversary of Shaheed Zulfikar Ali Bhutto on Tuesday, he said in a statement that "I urg
Published 05 Jan, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 04, 2016).

Published 05 Jan, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 04, 2016).

Published 05 Jan, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee dropped sharply against the dollar on the iterbank market, while the national currency did not move any side on the open market on Monday in the process of trading, dealers said. The rupee dipped in terms of the dollar, losing 15-paisa for buyin
Published 05 Jan, 2016 12:00am
THE RUPEE: mixed patterns
Currency

THE RUPEE: mixed patterns

The rupee dropped sharply against the dollar on the iterbank market, while the national currency did not move any side on the open market on Monday in the process of trading, dealers said. The rupee dipped in terms of the dollar, losing 15-paisa for buyin
Published 05 Jan, 2016 12:00am
'Majestic Pakistan': Nawaz presents book to Sri Lankan Prime Minister

'Majestic Pakistan': Nawaz presents book to Sri Lankan Prime Minister

Prime Minister Nawaz Sharif on Monday presented a book titled 'Majestic Pakistan' to his Sri Lankan counterpart Ranil Wickremesinghe, at its launch ceremony held here. The two prime ministers joined the launch of trilingual book - in English, Sinhalese an
Published 05 Jan, 2016 12:00am
'Majestic Pakistan': Nawaz presents book to Sri Lankan Prime Minister

'Majestic Pakistan': Nawaz presents book to Sri Lankan Prime Minister

Prime Minister Nawaz Sharif on Monday presented a book titled 'Majestic Pakistan' to his Sri Lankan counterpart Ranil Wickremesinghe, at its launch ceremony held here. The two prime ministers joined the launch of trilingual book - in English, Sinhalese an
Published 05 Jan, 2016 12:00am
LSE index down 21.25 points
Exchange

LSE index down 21.25 points

Shares on Monday did gain amid sluggish trading on the Lahore Stock Exchange. The LSE-25 index did lose 21.25 points to 5,423.83 against 5,445.08 of last Friday while the transaction volume did increase to 90,800 shares as compared with the previous volum
Published 05 Jan, 2016 12:00am
LSE index down 21.25 points
Exchange

LSE index down 21.25 points

Shares on Monday did gain amid sluggish trading on the Lahore Stock Exchange. The LSE-25 index did lose 21.25 points to 5,423.83 against 5,445.08 of last Friday while the transaction volume did increase to 90,800 shares as compared with the previous volum
Published 05 Jan, 2016 12:00am
ISE index close down
Exchange

ISE index close down

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 28.45 points as the ISE Ten Index moved from 2,781.35 to 2,752.90
Published 05 Jan, 2016 12:00am
ISE index close down
Exchange

ISE index close down

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 28.45 points as the ISE Ten Index moved from 2,781.35 to 2,752.90
Published 05 Jan, 2016 12:00am
Presentation at K.S.E. Auditorium

Presentation at K.S.E. Auditorium

Presentation at K.S.E. Auditorium (only for TRE certificate holders and their authorised employees).

Published 05 Jan, 2016 12:00am
Trump unveils first TV campaign advertisement, urges Muslim ban

Trump unveils first TV campaign advertisement, urges Muslim ban

Republican frontrunner Donald Trump on Monday unveiled his first TV ad of the presidential election campaign, demanding a ban on Muslims entering the United States and vowing to decapitate the Islamic State group. The 30-second ad will be broadcast in Iow
Published 05 Jan, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2016 12:00am
Trump unveils first TV campaign advertisement, urges Muslim ban

Trump unveils first TV campaign advertisement, urges Muslim ban

Republican frontrunner Donald Trump on Monday unveiled his first TV ad of the presidential election campaign, demanding a ban on Muslims entering the United States and vowing to decapitate the Islamic State group. The 30-second ad will be broadcast in Iow
Published 05 Jan, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2016 12:00am
10th IMF Review to begin on January 26

10th IMF Review to begin on January 26

The 10th Review of the International Monetary Fund (IMF) with Pakistan would start on January 26. This was informed in a meeting held here and presided over by Finance Minister Ishaq Dar which reviewed preparations for the 10th IMF Review. Secretary Finan
Published 05 Jan, 2016 12:00am
10th IMF Review to begin on January 26

10th IMF Review to begin on January 26

The 10th Review of the International Monetary Fund (IMF) with Pakistan would start on January 26. This was informed in a meeting held here and presided over by Finance Minister Ishaq Dar which reviewed preparations for the 10th IMF Review. Secretary Finan
Published 05 Jan, 2016 12:00am
10th IMF Review to begin on January 26

10th IMF Review to begin on January 26

The 10th Review of the International Monetary Fund (IMF) with Pakistan would start on January 26. This was informed in a meeting held here and presided over by Finance Minister Ishaq Dar which reviewed preparations for the 10th IMF Review. Secretary Finan
Published 05 Jan, 2016 12:00am
Pakistan says working on leads

Pakistan says working on leads

Pakistan said on Monday that it is working on the leads provided by Indian government pertaining to Pathankot terrorist attack and insisted that the two countries should remain committed to a sustained dialogue process. "The unfortunate terrorist incident
Published 05 Jan, 2016 12:00am
Pakistan says working on leads

Pakistan says working on leads

Pakistan said on Monday that it is working on the leads provided by Indian government pertaining to Pathankot terrorist attack and insisted that the two countries should remain committed to a sustained dialogue process. "The unfortunate terrorist incident
Published 05 Jan, 2016 12:00am
Base attack threatens talks

Base attack threatens talks

A rapprochement effort between India and Pakistan appeared to be in jeopardy on Monday, as Indian security forces battled for the third day to clear out militants who attacked one of its air bases and killed seven soldiers. The foreign secretaries of the
Published 05 Jan, 2016 12:00am
Base attack threatens talks

Base attack threatens talks

A rapprochement effort between India and Pakistan appeared to be in jeopardy on Monday, as Indian security forces battled for the third day to clear out militants who attacked one of its air bases and killed seven soldiers. The foreign secretaries of the
Published 05 Jan, 2016 12:00am
Government, K-E fail to evolve consensus on new PPA

Government, K-E fail to evolve consensus on new PPA

Federal government and K-Electric have reportedly failed to evolve a consensus on new Power Purchase Agreement (PPA) meant to ensure electricity supply from national grid despite expiry of PPA almost a year ago, well informed sources in NTDC told Busin
Published 05 Jan, 2016 12:00am
Government, K-E fail to evolve consensus on new PPA

Government, K-E fail to evolve consensus on new PPA

Federal government and K-Electric have reportedly failed to evolve a consensus on new Power Purchase Agreement (PPA) meant to ensure electricity supply from national grid despite expiry of PPA almost a year ago, well informed sources in NTDC told Busin
Published 05 Jan, 2016 12:00am
Government, K-E fail to evolve consensus on new PPA

Government, K-E fail to evolve consensus on new PPA

Federal government and K-Electric have reportedly failed to evolve a consensus on new Power Purchase Agreement (PPA) meant to ensure electricity supply from national grid despite expiry of PPA almost a year ago, well informed sources in NTDC told Busin
Published 05 Jan, 2016 12:00am
BRIndex30 sheds 114.62 points

BRIndex30 sheds 114.62 points

On Monday, BRIndex30 opened at 20,440.10 points. It touched an intraday high of 20,507.11 points and an intraday low of 20,293.08 points and closed at 20,325.48 points which was -114.62 points or -0.56 percent lower than previous close. Total volume was 7
Published 05 Jan, 2016 12:00am
BRIndex30 sheds 114.62 points

BRIndex30 sheds 114.62 points

On Monday, BRIndex30 opened at 20,440.10 points. It touched an intraday high of 20,507.11 points and an intraday low of 20,293.08 points and closed at 20,325.48 points which was -114.62 points or -0.56 percent lower than previous close. Total volume was 7
Published 05 Jan, 2016 12:00am