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Nov 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-02-09
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

Smooth supply of dollars helped the rupee to continue its recovery in relation to the dollar in the currency market on Monday, dealers said. The rupee maintained its upward journey in relation to the dollar for buying and selling at Rs 104.10 and Rs 104.1
Published 09 Feb, 2016 12:00am
Illegal immigrants: government says understanding reached with EU

Illegal immigrants: government says understanding reached with EU

Pakistan said on Monday it has reached an understanding with the European Union over reviving a 2010 agreement that allows the 27-nation bloc to deport illegal immigrants from that country. Islamabad temporarily suspended in November the readmission deal
Published 09 Feb, 2016 12:00am
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

Smooth supply of dollars helped the rupee to continue its recovery in relation to the dollar in the currency market on Monday, dealers said. The rupee maintained its upward journey in relation to the dollar for buying and selling at Rs 104.10 and Rs 104.1
Published 09 Feb, 2016 12:00am
11 uplift projects worth over Rs 10 billion approved by CDWP
Exchange

11 uplift projects worth over Rs 10 billion approved by CDWP

The Central Development Working Party (CDWP) Monday approved 11 development projects worth Rs 10.078 billion including four higher education projects. It also recommended procurement of 58 diesel electric locomotive worth Rs 16,300 million to ECNEC after
Published 09 Feb, 2016 12:00am
11 uplift projects worth over Rs 10 billion approved by CDWP
Exchange

11 uplift projects worth over Rs 10 billion approved by CDWP

The Central Development Working Party (CDWP) Monday approved 11 development projects worth Rs 10.078 billion including four higher education projects. It also recommended procurement of 58 diesel electric locomotive worth Rs 16,300 million to ECNEC after
Published 09 Feb, 2016 12:00am
11 uplift projects worth over Rs 10 billion approved by CDWP
Exchange

11 uplift projects worth over Rs 10 billion approved by CDWP

The Central Development Working Party (CDWP) Monday approved 11 development projects worth Rs 10.078 billion including four higher education projects. It also recommended procurement of 58 diesel electric locomotive worth Rs 16,300 million to ECNEC after
Published 09 Feb, 2016 12:00am
IT returns 2015: FBR extends deadline till February 29

IT returns 2015: FBR extends deadline till February 29

The Federal Board of Revenue (FBR) has notified extension in date of filing of Income Tax returns for the Tax Year 2015 for individuals and Association of Persons up to February 29, 2016. According to Income Tax circular issued here on Monday, in exercise
Published 09 Feb, 2016 12:00am
IT returns 2015: FBR extends deadline till February 29

IT returns 2015: FBR extends deadline till February 29

The Federal Board of Revenue (FBR) has notified extension in date of filing of Income Tax returns for the Tax Year 2015 for individuals and Association of Persons up to February 29, 2016. According to Income Tax circular issued here on Monday, in exercise
Published 09 Feb, 2016 12:00am
IT returns 2015: FBR extends deadline till February 29

IT returns 2015: FBR extends deadline till February 29

The Federal Board of Revenue (FBR) has notified extension in date of filing of Income Tax returns for the Tax Year 2015 for individuals and Association of Persons up to February 29, 2016. According to Income Tax circular issued here on Monday, in exercise
Published 09 Feb, 2016 12:00am
24 migrants, among them 11 children, drown

24 migrants, among them 11 children, drown

Twenty-four migrants, including 11 children, drowned in the Aegean Sea on Monday as they tried to cross from Turkey to Greece, Dogan news agency said. The agency initially said at least 35 migrants had died in two separate accidents off western Turkey, bu
Published 09 Feb, 2016 12:00am
24 migrants, among them 11 children, drown

24 migrants, among them 11 children, drown

Twenty-four migrants, including 11 children, drowned in the Aegean Sea on Monday as they tried to cross from Turkey to Greece, Dogan news agency said. The agency initially said at least 35 migrants had died in two separate accidents off western Turkey, bu
Published 09 Feb, 2016 12:00am
Sindh chief minister blames NAB for media trial of PPP leaders

Sindh chief minister blames NAB for media trial of PPP leaders

Sindh Chief Minister Syed Qaim Ali Shah has accused the National Accountability Bureau of conducting media trial of Pakistan Peoples Party's leaders, according to a private TV channel. "Under a particular agenda, NAB is harassing PPP's leaders such as Sha
Published 09 Feb, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 09 Feb, 2016 12:00am
Queen of Netherlands, World Bank president to arrive today

Queen of Netherlands, World Bank president to arrive today

Queen Máxima of the Netherlands, UN Secretary General''s Special Advocate (UNSGSA) for Inclusive Finance for Development and World Bank President Dr Jim Yong Kim will be visiting Pakistan today (Tuesday) to promote the national financial inclusion strateg
Published 09 Feb, 2016 12:00am
Queen of Netherlands, World Bank president to arrive today

Queen of Netherlands, World Bank president to arrive today

Queen Máxima of the Netherlands, UN Secretary General's Special Advocate (UNSGSA) for Inclusive Finance for Development and World Bank President Dr Jim Yong Kim will be visiting Pakistan today (Tuesday) to promote the national financial inclusion strategy
Published 09 Feb, 2016 12:00am
Queen of Netherlands, World Bank president to arrive today

Queen of Netherlands, World Bank president to arrive today

Queen Máxima of the Netherlands, UN Secretary General's Special Advocate (UNSGSA) for Inclusive Finance for Development and World Bank President Dr Jim Yong Kim will be visiting Pakistan today (Tuesday) to promote the national financial inclusion strategy
Published 09 Feb, 2016 12:00am
Crucial meeting on PSM land dispute tomorrow

Crucial meeting on PSM land dispute tomorrow

Minister for Industries and Production (MoI&P), Ghulam Murtaza Khan Jatoi has convened a meeting of all stakeholders on Wednesday (tomorrow) to resolve a dispute on land between Pakistan Steel Mills (PSM) and National Industrial Park (NIP). The meeting ha
Published 09 Feb, 2016 12:00am
Crucial meeting on PSM land dispute tomorrow

Crucial meeting on PSM land dispute tomorrow

Minister for Industries and Production (MoI&P), Ghulam Murtaza Khan Jatoi has convened a meeting of all stakeholders on Wednesday (tomorrow) to resolve a dispute on land between Pakistan Steel Mills (PSM) and National Industrial Park (NIP). The meeting ha
Published 09 Feb, 2016 12:00am
Crucial meeting on PSM land dispute tomorrow

Crucial meeting on PSM land dispute tomorrow

Minister for Industries and Production (MoI&P), Ghulam Murtaza Khan Jatoi has convened a meeting of all stakeholders on Wednesday (tomorrow) to resolve a dispute on land between Pakistan Steel Mills (PSM) and National Industrial Park (NIP). The meeting ha
Published 09 Feb, 2016 12:00am
Petition dismissed

Petition dismissed

A petition challenging the 1952 Essential Services Maintenance Act meant for the national carrier has been dismissed. On Monday, the Lahore High Court said the case hardly called for hearing since a notification of the ordinance imposition was never attac
Published 09 Feb, 2016 12:00am
Petition dismissed

Petition dismissed

A petition challenging the 1952 Essential Services Maintenance Act meant for the national carrier has been dismissed. On Monday, the Lahore High Court said the case hardly called for hearing since a notification of the ordinance imposition was never attac
Published 09 Feb, 2016 12:00am
Petition dismissed

Petition dismissed

A petition challenging the 1952 Essential Services Maintenance Act meant for the national carrier has been dismissed. On Monday, the Lahore High Court said the case hardly called for hearing since a notification of the ordinance imposition was never attac
Published 09 Feb, 2016 12:00am
Petition dismissed

Petition dismissed

A petition challenging the 1952 Essential Services Maintenance Act meant for the national carrier has been dismissed. On Monday, the Lahore High Court said the case hardly called for hearing since a notification of the ordinance imposition was never attac
Published 09 Feb, 2016 12:00am
Pilots, others face action as PIA still largely in disarray

Pilots, others face action as PIA still largely in disarray

The federal government on Monday issued show-cause notices to more than seventy employees of Pakistan International Airline Corporation (PIAC), including pilots, engineers and senior officials, who were engaged in ''illegal'' protest against the planned p
Published 09 Feb, 2016 12:00am
Pilots, others face action as PIA still largely in disarray

Pilots, others face action as PIA still largely in disarray

The federal government on Monday issued show-cause notices to more than seventy employees of Pakistan International Airline Corporation (PIAC), including pilots, engineers and senior officials, who were engaged in 'illegal' protest against the planned pri
Published 09 Feb, 2016 12:00am
Pilots, others face action as PIA still largely in disarray

Pilots, others face action as PIA still largely in disarray

The federal government on Monday issued show-cause notices to more than seventy employees of Pakistan International Airline Corporation (PIAC), including pilots, engineers and senior officials, who were engaged in 'illegal' protest against the planned pri
Published 09 Feb, 2016 12:00am
BRIndex30 up 15.63 points

BRIndex30 up 15.63 points

On Monday, BRIndex30 opened at 19,724.11 points. It touched an intraday high of 19,888.69 points and an intraday low of 19,715.69 points and closed at 19,739.74 points which was 15.63 points or 0.08 percent higher than previous close. Total volume was 78,
Published 09 Feb, 2016 12:00am
BRIndex30 up 15.63 points

BRIndex30 up 15.63 points

On Monday, BRIndex30 opened at 19,724.11 points. It touched an intraday high of 19,888.69 points and an intraday low of 19,715.69 points and closed at 19,739.74 points which was 15.63 points or 0.08 percent higher than previous close. Total volume was 78,
Published 09 Feb, 2016 12:00am
Equities keep rising
Exchange

Equities keep rising

Second and third-tier stocks led Monday''s bull-run on Pakistan Stocks Exchange where the KSE-100 index rose by 227 points to 32,706 points. The benchmark index showed volatility as was recorded hitting the highest 32,851 points and the lowest 32,462 poin
Published 09 Feb, 2016 12:00am
Equities keep rising
Exchange

Equities keep rising

Second and third-tier stocks led Monday's bull-run on Pakistan Stocks Exchange where the KSE-100 index rose by 227 points to 32,706 points. The benchmark index showed volatility as was recorded hitting the highest 32,851 points and the lowest 32,462 point
Published 09 Feb, 2016 12:00am
Equities keep rising
Exchange

Equities keep rising

Second and third-tier stocks led Monday's bull-run on Pakistan Stocks Exchange where the KSE-100 index rose by 227 points to 32,706 points. The benchmark index showed volatility as was recorded hitting the highest 32,851 points and the lowest 32,462 point
Published 09 Feb, 2016 12:00am
SBP expands local currency sukuk sales
Currency

SBP expands local currency sukuk sales

Central bank is expanding issuance of local currency Islamic bonds (sukuk), auctioning 100 billion rupees ($955 million) worth of three-year paper this week, a much-needed tool for the fast-growing Islamic banking sector. The central bank plans to offer a
Published 09 Feb, 2016 12:00am
SBP expands local currency sukuk sales
Currency

SBP expands local currency sukuk sales

Central bank is expanding issuance of local currency Islamic bonds (sukuk), auctioning 100 billion rupees ($955 million) worth of three-year paper this week, a much-needed tool for the fast-growing Islamic banking sector. The central bank plans to offer a
Published 09 Feb, 2016 12:00am
SBP expands local currency sukuk sales
Currency

SBP expands local currency sukuk sales

Central bank is expanding issuance of local currency Islamic bonds (sukuk), auctioning 100 billion rupees ($955 million) worth of three-year paper this week, a much-needed tool for the fast-growing Islamic banking sector. The central bank plans to offer a
Published 09 Feb, 2016 12:00am
SBP expands local currency sukuk sales
Currency

SBP expands local currency sukuk sales

Central bank is expanding issuance of local currency Islamic bonds (sukuk), auctioning 100 billion rupees ($955 million) worth of three-year paper this week, a much-needed tool for the fast-growing Islamic banking sector. The central bank plans to offer a
Published 09 Feb, 2016 12:00am
London hikes currency reserves amid Brexit risk
Exchange

London hikes currency reserves amid Brexit risk

London has ramped up its foreign exchange reserves in a move described by British media on Monday as a war chest against market chaos should Britain leave the European Union. Currency reserves jumped 34 percent to $98.2 billion (87.9 billion euros) in Jan
Published 09 Feb, 2016 12:00am
London hikes currency reserves amid Brexit risk
Exchange

London hikes currency reserves amid Brexit risk

London has ramped up its foreign exchange reserves in a move described by British media on Monday as a war chest against market chaos should Britain leave the European Union. Currency reserves jumped 34 percent to $98.2 billion (87.9 billion euros) in Jan
Published 09 Feb, 2016 12:00am
London hikes currency reserves amid Brexit risk
Exchange

London hikes currency reserves amid Brexit risk

London has ramped up its foreign exchange reserves in a move described by British media on Monday as a war chest against market chaos should Britain leave the European Union. Currency reserves jumped 34 percent to $98.2 billion (87.9 billion euros) in Jan
Published 09 Feb, 2016 12:00am
$4 billion to be spent on cotton import
Cotton

$4 billion to be spent on cotton import

Damage due to rains, prevailing low cotton prices, and high cost of inputs, led to lower area under cotton cultivation necessitating import of about $4 billion worth of cotton for domestic consumption, Cotton Commissioner revealed to Business Recorder<
Published 09 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 08, 2016).

Published 09 Feb, 2016 12:00am
$4 billion to be spent on cotton import
Cotton

$4 billion to be spent on cotton import

Damage due to rains, prevailing low cotton prices, and high cost of inputs, led to lower area under cotton cultivation necessitating import of about $4 billion worth of cotton for domestic consumption, Cotton Commissioner revealed to Business Recorder<
Published 09 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 08, 2016).

Published 09 Feb, 2016 12:00am
$4 billion to be spent on cotton import
Cotton

$4 billion to be spent on cotton import

Damage due to rains, prevailing low cotton prices, and high cost of inputs, led to lower area under cotton cultivation necessitating import of about $4 billion worth of cotton for domestic consumption, Cotton Commissioner revealed to Business Recorder<
Published 09 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Monday (February 08, 2016).

Published 09 Feb, 2016 12:00am
Pathankot attack: officials say no evidence links Jaish

Pathankot attack: officials say no evidence links Jaish

A special investigation team set up in Pakistan to probe a deadly assault on an Indian air base last month found no evidence implicating the leader of the group India blamed for the attack, security officials said on Monday. The officials said the team in
Published 09 Feb, 2016 12:00am
Pathankot attack: officials say no evidence links Jaish

Pathankot attack: officials say no evidence links Jaish

A special investigation team set up in Pakistan to probe a deadly assault on an Indian air base last month found no evidence implicating the leader of the group India blamed for the attack, security officials said on Monday. The officials said the team in
Published 09 Feb, 2016 12:00am
Obama urges Arab world to set up inclusive governments

Obama urges Arab world to set up inclusive governments

US President Barack Obama urged Arab countries on Monday to establish inclusive governments to ensure security in a region rocked by turmoil. "When governments truly invest in their citizens, their education, skills, and health, and universal human rights
Published 09 Feb, 2016 12:00am
Obama urges Arab world to set up inclusive governments

Obama urges Arab world to set up inclusive governments

US President Barack Obama urged Arab countries on Monday to establish inclusive governments to ensure security in a region rocked by turmoil. "When governments truly invest in their citizens, their education, skills, and health, and universal human rights
Published 09 Feb, 2016 12:00am
Georgia to build $2.5 billion Black Sea port on China''s Silk Road

Georgia to build $2.5 billion Black Sea port on China''s Silk Road

Georgia on Monday announced plans to build a new deep-water Black Sea port in a $2.5-billion project that aims to boost trade between China and Europe along the historic Silk Road route. Prime Minister Giorgi Kvirikashvili said the ex-Soviet country had a
Published 09 Feb, 2016 12:00am
Georgia to build $2.5 billion Black Sea port on China's Silk Road

Georgia to build $2.5 billion Black Sea port on China's Silk Road

Georgia on Monday announced plans to build a new deep-water Black Sea port in a $2.5-billion project that aims to boost trade between China and Europe along the historic Silk Road route. Prime Minister Giorgi Kvirikashvili said the ex-Soviet country had a
Published 09 Feb, 2016 12:00am
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