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Nov 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-02-20
Sindh proposes port at Keti Bandar for coal export

Sindh proposes port at Keti Bandar for coal export

Sindh''s Minister for Finance, Murad Ali Shah urged the federal government on Friday to convene meeting of the Council of Common Interests (CCI) as early as possible so that outstanding issues and concerns of provinces could be discussed and decided at an
Published 20 Feb, 2016 12:00am
Sindh proposes port at Keti Bandar for coal export

Sindh proposes port at Keti Bandar for coal export

Sindh's Minister for Finance, Murad Ali Shah urged the federal government on Friday to convene meeting of the Council of Common Interests (CCI) as early as possible so that outstanding issues and concerns of provinces could be discussed and decided at an
Published 20 Feb, 2016 12:00am
Sindh proposes port at Keti Bandar for coal export

Sindh proposes port at Keti Bandar for coal export

Sindh's Minister for Finance, Murad Ali Shah urged the federal government on Friday to convene meeting of the Council of Common Interests (CCI) as early as possible so that outstanding issues and concerns of provinces could be discussed and decided at an
Published 20 Feb, 2016 12:00am
Government accused of making CPEC controversial

Government accused of making CPEC controversial

The Federal government has been accused of making China Pakistan Economic Corridor (CPEC) controversial for failing to address the concerns of smaller provinces on western route and energy projects.
Published 20 Feb, 2016 12:00am
Government accused of making CPEC controversial

Government accused of making CPEC controversial

The Federal government has been accused of making China Pakistan Economic Corridor (CPEC) controversial for failing to address the concerns of smaller provinces on western route and energy projects.
Published 20 Feb, 2016 12:00am
Government accused of making CPEC controversial

Government accused of making CPEC controversial

The Federal government has been accused of making China Pakistan Economic Corridor (CPEC) controversial for failing to address the concerns of smaller provinces on western route and energy projects.
Published 20 Feb, 2016 12:00am
Security, execution of CPEC: forces ready to pay ''any'' price: COAS

Security, execution of CPEC: forces ready to pay ''any'' price: COAS

Chief of Army Staff (COAS) General Raheel Sharif on Friday visited Headquarters of the newly-raised Special Security Division (SSD) for security of the China-Pakistan Economic Corridor (CPEC). According to a press release of ISPR, the COAS was given a det
Published 20 Feb, 2016 12:00am
Security, execution of CPEC: forces ready to pay 'any' price: COAS

Security, execution of CPEC: forces ready to pay 'any' price: COAS

Chief of Army Staff (COAS) General Raheel Sharif on Friday visited Headquarters of the newly-raised Special Security Division (SSD) for security of the China-Pakistan Economic Corridor (CPEC). According to a press release of ISPR, the COAS was given a det
Published 20 Feb, 2016 12:00am
Security, execution of CPEC: forces ready to pay 'any' price: COAS

Security, execution of CPEC: forces ready to pay 'any' price: COAS

Chief of Army Staff (COAS) General Raheel Sharif on Friday visited Headquarters of the newly-raised Special Security Division (SSD) for security of the China-Pakistan Economic Corridor (CPEC). According to a press release of ISPR, the COAS was given a det
Published 20 Feb, 2016 12:00am
BRIndex30 falls 315.67 points

BRIndex30 falls 315.67 points

On Friday, BRIndex30 opened at 19,037.56 points. It touched an intraday high of 19,038.15 points and an intraday low of 18,667.69 points and closed at 18,721.89 which was -315.67 points or -1.66 percent lower than previous close. Total volume was 53,301,0
Published 20 Feb, 2016 12:00am
BRIndex30 falls 315.67 points

BRIndex30 falls 315.67 points

On Friday, BRIndex30 opened at 19,037.56 points. It touched an intraday high of 19,038.15 points and an intraday low of 18,667.69 points and closed at 18,721.89 which was -315.67 points or -1.66 percent lower than previous close. Total volume was 53,301,0
Published 20 Feb, 2016 12:00am
Bears rule the roost

Bears rule the roost

Stocks ended 271 points lower Friday. The KSE-100 index settled at 31,012 points weighed mainly by selling pressure in the heavyweights. "Stock closed bearish amid investor concerns for foreign outflows and ongoing regulatory oversight at PSX," said Ahsan
Published 20 Feb, 2016 12:00am
Bears rule the roost

Bears rule the roost

Stocks ended 271 points lower Friday. The KSE-100 index settled at 31,012 points weighed mainly by selling pressure in the heavyweights. "Stock closed bearish amid investor concerns for foreign outflows and ongoing regulatory oversight at PSX," said Ahsan
Published 20 Feb, 2016 12:00am
Bears rule the roost

Bears rule the roost

Stocks ended 271 points lower Friday. The KSE-100 index settled at 31,012 points weighed mainly by selling pressure in the heavyweights. "Stock closed bearish amid investor concerns for foreign outflows and ongoing regulatory oversight at PSX," said Ahsan
Published 20 Feb, 2016 12:00am
Half of global oil glut may disappear if output deal works: Russia

Half of global oil glut may disappear if output deal works: Russia

The global oil market is over-supplied by around 1.8 million barrels per day (bpd), but that glut could be halved if a deal to freeze oil production at last month''s levels takes effect, a top Russian energy official said on Friday. Leading OPEC member Sa
Published 20 Feb, 2016 12:00am
Half of global oil glut may disappear if output deal works: Russia

Half of global oil glut may disappear if output deal works: Russia

The global oil market is over-supplied by around 1.8 million barrels per day (bpd), but that glut could be halved if a deal to freeze oil production at last month's levels takes effect, a top Russian energy official said on Friday. Leading OPEC member Sau
Published 20 Feb, 2016 12:00am
Half of global oil glut may disappear if output deal works: Russia

Half of global oil glut may disappear if output deal works: Russia

The global oil market is over-supplied by around 1.8 million barrels per day (bpd), but that glut could be halved if a deal to freeze oil production at last month's levels takes effect, a top Russian energy official said on Friday. Leading OPEC member Sau
Published 20 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 19, 2016).

Published 20 Feb, 2016 12:00am
Prime Minister required to convene CCI

Prime Minister required to convene CCI

After the ruling of Chairman Senate, now parliamentary panel of the Senate has urged the Prime Minister Nawaz Sharif to convene Council of Common Interests (CCI) as per constitutional requirement. A meeting of the Inter-Provincial Coordination Committee (
Published 20 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 19, 2016).

Published 20 Feb, 2016 12:00am
Prime Minister required to convene CCI

Prime Minister required to convene CCI

After the ruling of Chairman Senate, now parliamentary panel of the Senate has urged the Prime Minister Nawaz Sharif to convene Council of Common Interests (CCI) as per constitutional requirement. A meeting of the Inter-Provincial Coordination Committee (
Published 20 Feb, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (February 19, 2016).

Published 20 Feb, 2016 12:00am
NAB decides to file reference against Asim

NAB decides to file reference against Asim

The country's top anti-graft body on Friday decided to file a corruption reference and authorized an investigation for misappropriation of fund against Dr Asim Hussain, former Minister for Petroleum and Natural Resources and a close aide of former Preside
Published 20 Feb, 2016 12:00am
NAB decides to file reference against Asim

NAB decides to file reference against Asim

The country's top anti-graft body on Friday decided to file a corruption reference and authorized an investigation for misappropriation of fund against Dr Asim Hussain, former Minister for Petroleum and Natural Resources and a close aide of former Preside
Published 20 Feb, 2016 12:00am
JIT can interrogate any person: Sanaullah

JIT can interrogate any person: Sanaullah

Punjab Law Minister Rana Sanaullah on Friday said investigators can grill any person in Pakistan in the case of India's Pathankot airbase attack. "A joint investigation team (JIT) comprising military and civil representatives will carry out the investigat
Published 20 Feb, 2016 12:00am
JIT can interrogate any person: Sanaullah

JIT can interrogate any person: Sanaullah

Punjab Law Minister Rana Sanaullah on Friday said investigators can grill any person in Pakistan in the case of India's Pathankot airbase attack. "A joint investigation team (JIT) comprising military and civil representatives will carry out the investigat
Published 20 Feb, 2016 12:00am
Pathankot attack: FIR lodged against alleged perpetrators

Pathankot attack: FIR lodged against alleged perpetrators

A Pakistan police spokesman said on Friday a case has been lodged against unnamed perpetrators of a deadly attack on an Indian air base last month. The January 2 attack on the Pathankot air base, in which seven Indian security personnel were killed, has s
Published 20 Feb, 2016 12:00am
Pathankot attack: FIR lodged against alleged perpetrators

Pathankot attack: FIR lodged against alleged perpetrators

A Pakistan police spokesman said on Friday a case has been lodged against unnamed perpetrators of a deadly attack on an Indian air base last month. The January 2 attack on the Pathankot air base, in which seven Indian security personnel were killed, has s
Published 20 Feb, 2016 12:00am
Pharma firms refuse government''s offer

Pharma firms refuse government''s offer

Pharmaceutical companies have refused to meet Minister of National Health Services Regulation and Coordination Saira Afzal Tarar, while the minister said that pharmaceutical companies can''t blackmail the government. Negotiations between 11 pharmaceutical
Published 20 Feb, 2016 12:00am
Pharma firms refuse government's offer

Pharma firms refuse government's offer

Pharmaceutical companies have refused to meet Minister of National Health Services Regulation and Coordination Saira Afzal Tarar, while the minister said that pharmaceutical companies can't blackmail the government. Negotiations between 11 pharmaceutical
Published 20 Feb, 2016 12:00am
Pharma firms refuse government's offer

Pharma firms refuse government's offer

Pharmaceutical companies have refused to meet Minister of National Health Services Regulation and Coordination Saira Afzal Tarar, while the minister said that pharmaceutical companies can't blackmail the government. Negotiations between 11 pharmaceutical
Published 20 Feb, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (February 19, 2016).

Published 20 Feb, 2016 12:00am
US strikes IS in Libya, killing 40 people

US strikes IS in Libya, killing 40 people

US warplanes carried out air strikes against Islamic State-linked militants in western Libya on Friday, killing as many as 40 people in an operation targeting a suspect linked to two deadly attacks last year in neighbouring Tunisia.
Published 20 Feb, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (February 19, 2016).
Published 20 Feb, 2016 12:00am
US strikes IS in Libya, killing 40 people

US strikes IS in Libya, killing 40 people

US warplanes carried out air strikes against Islamic State-linked militants in western Libya on Friday, killing as many as 40 people in an operation targeting a suspect linked to two deadly attacks last year in neighbouring Tunisia.
Published 20 Feb, 2016 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (February 19, 2016).

Published 20 Feb, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 20 Feb, 2016 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 20 Feb, 2016 12:00am
Bridge Notes: Did you lose 1 or 10 IMPs?

Bridge Notes: Did you lose 1 or 10 IMPs?

As dummy play is the most exciting aspect of Bridge, which attracts kibitzers from the Bridge playing arenas, it is imperative that serious consideration he given to how we can tackle problems in dummy play as it is the most important testing ground to me
Published 20 Feb, 2016 12:00am
Revival of Koocha-e-Saqafat

Revival of Koocha-e-Saqafat

Kooch-e-Saqafat is becoming popular again among Karachiites after disappearing for a number of years due to security reasons. Now Kooch-e-Saqafat at Arts Council of Pakistan Karachi revived this year inside its premises in a secure environment inaugurated
Published 20 Feb, 2016 12:00am
Art Facts: Nostalgic cityscapes

Art Facts: Nostalgic cityscapes

Paintings of old walled city of Lahore by Munawar Mohiuddin brought memories for many in an exhibition at Artscene gallery, Karachi.
Published 20 Feb, 2016 12:00am
Ghalib and his magnificent values

Ghalib and his magnificent values

The 147th death anniversary of Mirza Ghalib yet again went unnoticed, as do his views, reflecting the build-up of an apathetic mindset of our society. The only difference this time was that newscasts on some TV channels briefly referred to the unique styl
Published 20 Feb, 2016 12:00am
Living in an incorrect past

Living in an incorrect past

The partition of India in August 1947 has always been a burning topic of extra-heated discussions among intellectuals of South Asia. Sometimes top politicians, including the prime ministers from India and Pakistan, join the fray. An innumerable number of
Published 20 Feb, 2016 12:00am
Kipling to Jinnah: Mumbai's crumbling colonial homes

Kipling to Jinnah: Mumbai's crumbling colonial homes

Hidden behind a blanket of trees at the back of a university in Mumbai lies the dilapidated, but once grand, former home of writer Rudyard Kipling. Fallen branches, discarded chairs and even empty whisky bottles surround the 19th-century building, while b
Published 20 Feb, 2016 12:00am
Delegation of PN War College visits LCCI
Exchange

Delegation of PN War College visits LCCI

87-member delegation of 45th Course of Pakistan Navy War College, headed by Rear Admiral M Amjad Khan Niazi visited the Lahore Chamber of Commerce and Industry (LCCI) on Friday to get awareness about the role of business community for economic well being
Published 20 Feb, 2016 12:00am
Businessmen urged to help expand tax base

Businessmen urged to help expand tax base

Chairman Faisalabad Industrial Estates Development and Management Company (FIEDMC) Mian Muhammad Adrees has said on Friday that business community have to contribute its role in expanding the tax base of Pakistan.
Published 20 Feb, 2016 12:00am
PIA removes six employees, including engineers, over strike

PIA removes six employees, including engineers, over strike

The management of Pakistan International Airlines (PIA) has terminated the services of its six staff members, who were actively involved in recent strike that cost over Rs 4 billion to the airline. Sources told Business Recorder that the management
Published 20 Feb, 2016 12:00am
RTO launches drive to create awareness about VTCS

RTO launches drive to create awareness about VTCS

Regional Tax Office (RTO) Rawalpindi has launched a shop-to-shop campaign to interact with shopkeepers and traders and apprise them of the salient features of Voluntary Tax Compliance Scheme (VTCS) and the opportunities and incentives it offers to traders
Published 20 Feb, 2016 12:00am
Head of JIT on Uzair Baloch: name of SSP Fida Janwari recommended

Head of JIT on Uzair Baloch: name of SSP Fida Janwari recommended

The Inspector General of Sindh Police Ghulam Haider Jamali has recommended to Sindh Home Department the name of Senior Superintendent of Police (SSP) City, Fida Hussain Janwari to be notified as head of joint interrogation team (JIT) on notorious Lyari ga
Published 20 Feb, 2016 12:00am
Customs foils plot to smuggle out heroin

Customs foils plot to smuggle out heroin

Customs department on Friday claimed to have foiled an attempt to smuggle substantial quantity of heroin to UK. According to sources, credible information was received that some unscrupulous elements were planning to smuggle substantial quantity of heroin
Published 20 Feb, 2016 12:00am
Lahore literary festival begins today

Lahore literary festival begins today

The fourth edition of the Lahore Literary Festival (LLF) begins at the Avari hotel on the Mall Road today. "This year's two-day, free and open-to-public event will feature some of the most insightful voices from home and abroad in rewarding, thought-provo
Published 20 Feb, 2016 12:00am
Five hotels sealed for non-payment of taxes

Five hotels sealed for non-payment of taxes

The Punjab Revenue Authority (PRA) team sealed five hotels in the provincial metropolis on Friday over non-compliance of registration and non-payment of the Punjab Sales Tax. The PRA sources told Business Recorder here on Friday that an enforcement
Published 20 Feb, 2016 12:00am
ADB-funded road network project to take off in June: Sindh Assembly told

ADB-funded road network project to take off in June: Sindh Assembly told

The Asian Development Bank (ADB) is financing province-wide roads construction with $197 million to help improve transportation links, Sindh Senior Minister for Education Nisar Khuhro told the Sindh Assembly on Friday. Replying to a call attention notice
Published 20 Feb, 2016 12:00am
KE removes 3,000 illegal connections

KE removes 3,000 illegal connections

K-Electric released information about the ongoing Operation Burq against heavy defaulters and power thieves from all pockets of the city. As per the press statement, 67 raids were conducted and around 3000 Kundas (illegal connections), weighing 650Kg were
Published 20 Feb, 2016 12:00am
Government seeks more investment in renewable energy realm

Government seeks more investment in renewable energy realm

The current power shortfall in Pakistan reaches up to 6000MW and is estimated to cost the economy more than two percent of GDP each year. With the energy demand growing at about eight percent per annum, it is necessary that other renewable sources are add
Published 20 Feb, 2016 12:00am
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