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Nov 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-02-24
TPP also in our interest
Cotton

TPP also in our interest

The Trans-Pacific Partnership (TPP) agreement signed on February 4, 2016 among 12 Pacific Rim countries that includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam is rightly being seen the wor
Published 24 Feb, 2016 12:00am
Unrest in Haryana

Unrest in Haryana

During the recent days the Indian state of Haryana has been the scene of violent protests by the Jaat community demanding a better share in jobs and student admissions. The BJP government in Centre - also rules the troubled state. It deployed as many as 4
Published 24 Feb, 2016 12:00am
Hows and whys of population census

Hows and whys of population census

An APC hosted by Sindh government on Sunday was of the unanimous opinion that the 6th population census should be held as scheduled, in March 2016, by the provinces. If all of it is feasible the decision on this would be taken by the Council of Common Int
Published 24 Feb, 2016 12:00am
HBL profit crosses record Rs 35 billion

HBL profit crosses record Rs 35 billion

HBL yesterday declared its results for the full year 2015, delivering a record post tax profit of 35.1 billion, growing 11% year on year. Pre-tax profit surged to an impressive Rs 60.3 billion, increasing by 25% over 2014. Earnings per share for 2015 incr
Published 24 Feb, 2016 12:00am
HBL profit crosses record Rs 35 billion

HBL profit crosses record Rs 35 billion

HBL yesterday declared its results for the full year 2015, delivering a record post tax profit of 35.1 billion, growing 11% year on year. Pre-tax profit surged to an impressive Rs 60.3 billion, increasing by 25% over 2014. Earnings per share for 2015 incr
Published 24 Feb, 2016 12:00am
HBL profit crosses record Rs 35 billion

HBL profit crosses record Rs 35 billion

HBL yesterday declared its results for the full year 2015, delivering a record post tax profit of 35.1 billion, growing 11% year on year. Pre-tax profit surged to an impressive Rs 60.3 billion, increasing by 25% over 2014. Earnings per share for 2015 incr
Published 24 Feb, 2016 12:00am
HBL profit crosses record Rs 35 billion

HBL profit crosses record Rs 35 billion

HBL yesterday declared its results for the full year 2015, delivering a record post tax profit of 35.1 billion, growing 11% year on year. Pre-tax profit surged to an impressive Rs 60.3 billion, increasing by 25% over 2014. Earnings per share for 2015 incr
Published 24 Feb, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (February 23, 2016) and the forecast for Wednesday (February 24, 2016).

Published 24 Feb, 2016 12:00am
Senate panel irked by absence of Dar, Zubair

Senate panel irked by absence of Dar, Zubair

The Senate Standing Committee on Finance expressing serious reservations over the absence of Finance Minister Ishaq Dar and Chairman Privatisation Commission Mohammad Zubair has decided to convey its concerns in writing as well as to ask them to show up,
Published 24 Feb, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 23, 2016).

Published 24 Feb, 2016 12:00am
Senate panel irked by absence of Dar, Zubair

Senate panel irked by absence of Dar, Zubair

The Senate Standing Committee on Finance expressing serious reservations over the absence of Finance Minister Ishaq Dar and Chairman Privatisation Commission Mohammad Zubair has decided to convey its concerns in writing as well as to ask them to show up,
Published 24 Feb, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 23, 2016).

Published 24 Feb, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (February 23, 2016)

Published 24 Feb, 2016 12:00am
CCI likely to be convened on Monday

CCI likely to be convened on Monday

The Council of Common Interest (CCI) meeting, which is likely to be held on Monday (February 29) will take up important issues including oil and gas matters as well as power generation policy 2015; however, population census has not so far been included i
Published 24 Feb, 2016 12:00am
CCI likely to be convened on Monday

CCI likely to be convened on Monday

The Council of Common Interest (CCI) meeting, which is likely to be held on Monday (February 29) will take up important issues including oil and gas matters as well as power generation policy 2015; however, population census has not so far been included i
Published 24 Feb, 2016 12:00am
CCI likely to be convened on Monday

CCI likely to be convened on Monday

The Council of Common Interest (CCI) meeting, which is likely to be held on Monday (February 29) will take up important issues including oil and gas matters as well as power generation policy 2015; however, population census has not so far been included i
Published 24 Feb, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 23, 2016).

Published 24 Feb, 2016 12:00am
Obama presents plan to close Guantanamo prison

Obama presents plan to close Guantanamo prison

President Barack Obama presented a long-shot plan to shutter Guantanamo Bay prison Tuesday, hoping to fulfil an elusive campaign promise before he leaves office next year. Describing the jail as a stain on America's reputation and a catalyst for jihadists
Published 24 Feb, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 23, 2016).

Published 24 Feb, 2016 12:00am
Obama presents plan to close Guantanamo prison

Obama presents plan to close Guantanamo prison

President Barack Obama presented a long-shot plan to shutter Guantanamo Bay prison Tuesday, hoping to fulfil an elusive campaign promise before he leaves office next year. Describing the jail as a stain on America's reputation and a catalyst for jihadists
Published 24 Feb, 2016 12:00am
Cotton output and area target scaled down
Cotton

Cotton output and area target scaled down

The government Tuesday revised downward the cotton production as well as area target and fixed at 14.1 million bales from 3 million hectares for the next season 2016-17 against 15.49 million bales from 3.11 million hectares estimated for the current seaso
Published 24 Feb, 2016 12:00am
Cotton output and area target scaled down
Cotton

Cotton output and area target scaled down

The government Tuesday revised downward the cotton production as well as area target and fixed at 14.1 million bales from 3 million hectares for the next season 2016-17 against 15.49 million bales from 3.11 million hectares estimated for the current seaso
Published 24 Feb, 2016 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee was firm in relation to the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee managed to recover four-paisa versus the dollar for buying and selling at Rs 104.79 and Rs 104.81 respectively, they said.
Published 24 Feb, 2016 12:00am
Cotton output and area target scaled down
Cotton

Cotton output and area target scaled down

The government Tuesday revised downward the cotton production as well as area target and fixed at 14.1 million bales from 3 million hectares for the next season 2016-17 against 15.49 million bales from 3.11 million hectares estimated for the current seaso
Published 24 Feb, 2016 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee was firm in relation to the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee managed to recover four-paisa versus the dollar for buying and selling at Rs 104.79 and Rs 104.81 respectively, they said.
Published 24 Feb, 2016 12:00am
LSE confirms in merger talks with Deutsche Boerse
Exchange

LSE confirms in merger talks with Deutsche Boerse

Deutsche Boerse and the London Stock Exchange are taking a fresh run at a merger that would create a large European exchange operator potentially capable of facing down strong competition from the United States and Asia. The LSE said in a statement it was
Published 24 Feb, 2016 12:00am
LSE confirms in merger talks with Deutsche Boerse
Exchange

LSE confirms in merger talks with Deutsche Boerse

Deutsche Boerse and the London Stock Exchange are taking a fresh run at a merger that would create a large European exchange operator potentially capable of facing down strong competition from the United States and Asia. The LSE said in a statement it was
Published 24 Feb, 2016 12:00am
LSE confirms in merger talks with Deutsche Boerse
Exchange

LSE confirms in merger talks with Deutsche Boerse

Deutsche Boerse and the London Stock Exchange are taking a fresh run at a merger that would create a large European exchange operator potentially capable of facing down strong competition from the United States and Asia. The LSE said in a statement it was
Published 24 Feb, 2016 12:00am
Cabin smoke forces Japan Airlines evacuation in snowstorm

Cabin smoke forces Japan Airlines evacuation in snowstorm

More than 150 passengers used escape slides to evacuate from a Japan Airlines jet after smoke appeared in the cabin during a snowstorm, the airline said Tuesday, with reports saying an engine caught fire. The Boeing 737 was preparing to depart from the Ne
Published 24 Feb, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 23, 2016).

Published 24 Feb, 2016 12:00am
One dead, three missing after UK power station collapse

One dead, three missing after UK power station collapse

One person has died, three are missing and five are in hospital following the collapse of part of a disused power station in Didcot, southern England on Tuesday, the fire service said. "I can confirm search operations are in progress and that there has be
Published 24 Feb, 2016 12:00am
Imposition of emergency: Musharraf solely responsible: AGP

Imposition of emergency: Musharraf solely responsible: AGP

The Federation told the top court on Tuesday that former army chief and President Pervez Musharraf was solely responsible for abrogating the constitution and imposing emergency rule in the country on November 3, 2007. A three-member bench led by Justice A
Published 24 Feb, 2016 12:00am
Imposition of emergency: Musharraf solely responsible: AGP

Imposition of emergency: Musharraf solely responsible: AGP

The Federation told the top court on Tuesday that former army chief and President Pervez Musharraf was solely responsible for abrogating the constitution and imposing emergency rule in the country on November 3, 2007. A three-member bench led by Justice A
Published 24 Feb, 2016 12:00am
Uzair Baloch: more arrests in the offing?

Uzair Baloch: more arrests in the offing?

Some key developments have been made in the investigation of banned People's Aman Com-mittee (PAC) leader Uzair Baloch, sources privy to the matter told a private TV channel on Tuesday. According to sources, the arrested Lyari gangster has made some impor
Published 24 Feb, 2016 12:00am
Uzair Baloch: more arrests in the offing?

Uzair Baloch: more arrests in the offing?

Some key developments have been made in the investigation of banned People's Aman Com-mittee (PAC) leader Uzair Baloch, sources privy to the matter told a private TV channel on Tuesday. According to sources, the arrested Lyari gangster has made some impor
Published 24 Feb, 2016 12:00am
BRIndex30 loses 8.81 points

BRIndex30 loses 8.81 points

On Tuesday, BRIndex30 opened at 18,413.69 points. It touched an intraday high of 18,600.03 points and an intraday low of 18,105.35 points and closed at 18,404.88 points which was -8.81 points or -0.05 percent lower than previous close. Total volume was 11
Published 24 Feb, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2016 12:00am
BRIndex30 loses 8.81 points

BRIndex30 loses 8.81 points

On Tuesday, BRIndex30 opened at 18,413.69 points. It touched an intraday high of 18,600.03 points and an intraday low of 18,105.35 points and closed at 18,404.88 points which was -8.81 points or -0.05 percent lower than previous close. Total volume was 11
Published 24 Feb, 2016 12:00am
Stocks keep falling

Stocks keep falling

Pakistan stock market stayed bearish Tuesday with the KSE-100 index declining by another 113 points to close at 30,564 points. The benchmark index showed volatility by hitting the intraday high and low of 30,842 and 30,276 points, respectively. Trading tu
Published 24 Feb, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 24 Feb, 2016 12:00am
Stocks keep falling

Stocks keep falling

Pakistan stock market stayed bearish Tuesday with the KSE-100 index declining by another 113 points to close at 30,564 points. The benchmark index showed volatility by hitting the intraday high and low of 30,842 and 30,276 points, respectively. Trading tu
Published 24 Feb, 2016 12:00am
Stocks keep falling

Stocks keep falling

Pakistan stock market stayed bearish Tuesday with the KSE-100 index declining by another 113 points to close at 30,564 points. The benchmark index showed volatility by hitting the intraday high and low of 30,842 and 30,276 points, respectively. Trading tu
Published 24 Feb, 2016 12:00am
MoF releases Rs 870 million to PSM for salaries

MoF releases Rs 870 million to PSM for salaries

Ministry of Finance (MoF) has released Rs 870 million for payment of salaries of Pakistan Steel Mills'' (PSM) employees. Economic Co-ordination Committee (ECC) of the cabinet in its meeting held in the last week of January approved the amount for payment
Published 24 Feb, 2016 12:00am
MoF releases Rs 870 million to PSM for salaries

MoF releases Rs 870 million to PSM for salaries

Ministry of Finance (MoF) has released Rs 870 million for payment of salaries of Pakistan Steel Mills' (PSM) employees. Economic Co-ordination Committee (ECC) of the cabinet in its meeting held in the last week of January approved the amount for payment o
Published 24 Feb, 2016 12:00am
MoF releases Rs 870 million to PSM for salaries

MoF releases Rs 870 million to PSM for salaries

Ministry of Finance (MoF) has released Rs 870 million for payment of salaries of Pakistan Steel Mills' (PSM) employees. Economic Co-ordination Committee (ECC) of the cabinet in its meeting held in the last week of January approved the amount for payment o
Published 24 Feb, 2016 12:00am
Mari Shallow field: 60mmcfd gas to be diverted to original allottees

Mari Shallow field: 60mmcfd gas to be diverted to original allottees

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has decided that 60mmcfd gas of Mari Shallow field would be diverted to the original three allocatees namely Engro Fertiliser, Fartima Fertiliser and Fauji Fertiliser proportionally.
Published 24 Feb, 2016 12:00am
Mari Shallow field: 60mmcfd gas to be diverted to original allottees

Mari Shallow field: 60mmcfd gas to be diverted to original allottees

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has decided that 60mmcfd gas of Mari Shallow field would be diverted to the original three allocatees namely Engro Fertiliser, Fartima Fertiliser and Fauji Fertiliser proportionally.
Published 24 Feb, 2016 12:00am
Mari Shallow field: 60mmcfd gas to be diverted to original allottees

Mari Shallow field: 60mmcfd gas to be diverted to original allottees

The Econo-mic Co-ordination Committee (ECC) of the Cabinet has decided that 60mmcfd gas of Mari Shallow field would be diverted to the original three allocatees namely Engro Fertiliser, Fartima Fertiliser and Fauji Fertiliser proportionally.
Published 24 Feb, 2016 12:00am
Iran dismisses oil production freeze as ''joke''

Iran dismisses oil production freeze as ''joke''

Iran''s oil minister on Tuesday dismissed an output freeze deal between the world''s top two producers Saudi Arabia and Russia as "a joke", the ISNA news agency reported. "Some neighbouring countries have increased their production over the years to 10 mi
Published 24 Feb, 2016 12:00am
Iran dismisses oil production freeze as 'joke'

Iran dismisses oil production freeze as 'joke'

Iran's oil minister on Tuesday dismissed an output freeze deal between the world's top two producers Saudi Arabia and Russia as "a joke", the ISNA news agency reported. "Some neighbouring countries have increased their production over the years to 10 mill
Published 24 Feb, 2016 12:00am
Iran dismisses oil production freeze as 'joke'

Iran dismisses oil production freeze as 'joke'

Iran's oil minister on Tuesday dismissed an output freeze deal between the world's top two producers Saudi Arabia and Russia as "a joke", the ISNA news agency reported. "Some neighbouring countries have increased their production over the years to 10 mill
Published 24 Feb, 2016 12:00am
E&P companies 11 licences cancelled: Khaqan

E&P companies 11 licences cancelled: Khaqan

Minister for Petroleum and Natural Re-sources Shahid Khaqan Abbasi said on Tues-day that Petroleum Ministry has issued notices to 26 E&P companies; out of which 11 licences have been cancelled. Addressing a press conference, the Petroleum Minister defende
Published 24 Feb, 2016 12:00am
E&P companies 11 licences cancelled: Khaqan

E&P companies 11 licences cancelled: Khaqan

Minister for Petroleum and Natural Re-sources Shahid Khaqan Abbasi said on Tues-day that Petroleum Ministry has issued notices to 26 E&P companies; out of which 11 licences have been cancelled. Addressing a press conference, the Petroleum Minister defende
Published 24 Feb, 2016 12:00am
E&P companies 11 licences cancelled: Khaqan

E&P companies 11 licences cancelled: Khaqan

Minister for Petroleum and Natural Re-sources Shahid Khaqan Abbasi said on Tues-day that Petroleum Ministry has issued notices to 26 E&P companies; out of which 11 licences have been cancelled. Addressing a press conference, the Petroleum Minister defende
Published 24 Feb, 2016 12:00am
Oil theft in Karak field: inquiry widens to include FIA, others

Oil theft in Karak field: inquiry widens to include FIA, others

National Assembly Standing Committee on Petroleum and Natural Resources on Tuesday decided to summon officials of FIA, OGDCL and MOL on oil theft in Karak Oil Field. Presided over by Chaudhry Bilal Ahmed Virk, the committee discussed and approved PSDP of
Published 24 Feb, 2016 12:00am
Oil theft in Karak field: inquiry widens to include FIA, others

Oil theft in Karak field: inquiry widens to include FIA, others

National Assembly Standing Committee on Petroleum and Natural Resources on Tuesday decided to summon officials of FIA, OGDCL and MOL on oil theft in Karak Oil Field. Presided over by Chaudhry Bilal Ahmed Virk, the committee discussed and approved PSDP of
Published 24 Feb, 2016 12:00am
Oil theft in Karak field: inquiry widens to include FIA, others

Oil theft in Karak field: inquiry widens to include FIA, others

National Assembly Standing Committee on Petroleum and Natural Resources on Tuesday decided to summon officials of FIA, OGDCL and MOL on oil theft in Karak Oil Field. Presided over by Chaudhry Bilal Ahmed Virk, the committee discussed and approved PSDP of
Published 24 Feb, 2016 12:00am
15 militants killed in air strikes

15 militants killed in air strikes

Military said Tuesday it had killed 15 militants in air strikes along its restive border with Afghanistan on Tuesday as part of a major offensive to clear Taliban and al Qaeda strongholds. The strikes were carried out in the Alwara, Khar Tangi and Maizer
Published 24 Feb, 2016 12:00am
15 militants killed in air strikes

15 militants killed in air strikes

Military said Tuesday it had killed 15 militants in air strikes along its restive border with Afghanistan on Tuesday as part of a major offensive to clear Taliban and al Qaeda strongholds. The strikes were carried out in the Alwara, Khar Tangi and Maizer
Published 24 Feb, 2016 12:00am
Pakistan likely to abolish negative list

Pakistan likely to abolish negative list

Pakistan is likely to abolish negative list for Afghanistan and waive guarantee requirement for items not prone to diversion, well informed sources told Business Recorder. These issues were discussed in detail at sixth meeting of Afghanistan Pakist
Published 24 Feb, 2016 12:00am
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