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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-03-16
Judy Murray quits British Fed Cup captaincy

Judy Murray quits British Fed Cup captaincy

Judy Murray has given up her role as captain of Great Britain's Fed Cup team, the Lawn Tennis Association announced Tuesday. Murray, the mother of British tennis star Andy Murray, was appointed to skipper the side in the Fed Cup - the leading women's inte
Published 16 Mar, 2016 12:00am
Cotton market: spinners make fresh deals on lower rates
Cotton

Cotton market: spinners make fresh deals on lower rates

The trade activity improved on the cotton market on Tuesday as spinners made some fresh deals on lower prices, dealers said. The official spot rate was unchanged at Rs 5,200, dealers said. In Sindh, seed cotton prices were at Rs 2000-2200, and in Punjab p
Published 16 Mar, 2016 12:00am
Bangladesh tea prices fall

Bangladesh tea prices fall

Tea prices in Bangladesh fell sharply for a second straight week at the weekly auction, dragged down by inferior quality leaf. Bangladeshi tea fetched an average 131.63 taka ($1.7) per kg at the last auction of the season, down from 147.45 taka at the pre
Published 16 Mar, 2016 12:00am
Rising trend persists on grain market

Rising trend persists on grain market

A rising trend persisted on the wholesale grain market on Tuesday in the process of trading, dealers said. On the grams side, Gram Australia No. 1 was higher by Rs 200 to Rs 8600, Grams Australia Dall No.1, however, was down by Rs 300 to Rs 9300, yellow p
Published 16 Mar, 2016 12:00am
French PM opposes Benzema return to national team

French PM opposes Benzema return to national team

French Prime Minister Manuel Valls on Tuesday said Real Madrid star Karim Benzema should not be allowed to return to the France team while he remains at the centre of a sex-tape bribery inquiry.
Published 16 Mar, 2016 12:00am
Buoyant Bangladesh bid to turn screw on Pakistan

Buoyant Bangladesh bid to turn screw on Pakistan

Bangladesh will look to compound the misery of beleaguered Pakistan Wednesday in their opening group match of the World Twenty20, fresh from humbling their arch-rivals in the Asia Cup.
Published 16 Mar, 2016 12:00am
Elkeson double fires Shanghai top

Elkeson double fires Shanghai top

Brazilian forward Elkeson's double strike fired Shanghai SIPG to the top of their AFC Champions League group with a 2-1 win over Gamba Osaka on Tuesday. Elkeson, off-loaded by reigning Asian champions Guangzhou Evergrande in January, looked an increasingl
Published 16 Mar, 2016 12:00am
West Indies' 'Gayle Storm' set to hit England

West Indies' 'Gayle Storm' set to hit England

Controversial batsman Chris Gayle will be looking to ensure the West Indies' troubled build-up to the World Twenty20 becomes a distant memory when they open their campaign against England in Mumbai Wednesday.
Published 16 Mar, 2016 12:00am
DI Khan Region U-23 Inter-District Games begin

DI Khan Region U-23 Inter-District Games begin

Dera Ismail Khan Region Inter-District Men Games got under way amidst tight security in and around Dera Ismail Khan (D.I. Khan) Sports Complex Tuesday. Minister for Revenue Ali Amin Khan Ghandapur was the chief guest on this occasion who formally inaugura
Published 16 Mar, 2016 12:00am
National Open Polo Championship final today

National Open Polo Championship final today

Star-studded Diamond Paints and spirited Dollar East/Master Paints will vie for the top honours in the Bank Alfalah National Open Polo Championship 2016 for Quaid-e-Azam Gold Cup main final while Master Paints/Habib Metro and Learning Alliance will compet
Published 16 Mar, 2016 12:00am
Wawrinka advances, Murray bows out in Indian Wells

Wawrinka advances, Murray bows out in Indian Wells

French Open champ Stan Wawrinka reached the Indian Wells fourth round while world No. 2 Andy Murray suffered a shock third-round exit at the hands of claycourt specialist Federico Delbonis on Monday. Wawrinka toppled Andrey Kuznetsov 6-4, 7-6 (7/5) in the
Published 16 Mar, 2016 12:00am
UN suspends Sharapova as goodwill ambassador

UN suspends Sharapova as goodwill ambassador

The United Nations has suspended Maria Sharapova as a goodwill ambassador after she failed a drug test at the Australian Open, the latest fall from grace for the Russian tennis star. Sharapova had been a goodwill ambassador for the UN Development Programm
Published 16 Mar, 2016 12:00am
IOC, WADA to reanalyse 2008, 2012 doping samples

IOC, WADA to reanalyse 2008, 2012 doping samples

Selected samples from the 2008 and 2012 Olympics in Beijing and London are to be reanalysed ahead of the Rio Games in an initiative aimed at protecting clean athletes, the International Olympic Committee (IOC) and the World Anti-Doping Agency (WADA) annou
Published 16 Mar, 2016 12:00am
New Zealand stun India by 47-run win in World T20 opener

New Zealand stun India by 47-run win in World T20 opener

New Zealand's spinners became unlikely heroes on Tuesday, leading their side to a stunning 47-run victory over favourites India in the World Twenty20 opening group match in Nagpur. The Kiwis stumbled to 126 for seven after electing to bat first, but their
Published 16 Mar, 2016 12:00am
Romanian economy has never seen bigger risks: central bank governor

Romanian economy has never seen bigger risks: central bank governor

Threats to Romania's economic stability have never been bigger because of uneven growth, expansionary fiscal policies and draft legislation that would enable mortgage holders to stop paying loans, Central Bank Governor Mugur Isarescu said on Tuesday.
Published 16 Mar, 2016 12:00am
Yen gains in Europe as BoJ keeps policy steady

Yen gains in Europe as BoJ keeps policy steady

The yen rose more than half a percent against the dollar on Tuesday, helped by an oil price weakening which sent investors in search of traditional safe havens and by a neutral message from the Bank of Japan on rates.
Published 16 Mar, 2016 12:00am
Retail price of CNG slashed by Rs 5.30 in Punjab

Retail price of CNG slashed by Rs 5.30 in Punjab

Following the successful negotiations between the All Pakistan CNG Association (APCNGA) and Sui Northern Gas Pipelines Limited (SNGPL) the retail price of CNG in Punjab has been slashed by Rs 5.30 per litre from Rs 47.20 per litre to Rs 41.90 per litre ef
Published 16 Mar, 2016 12:00am
Retail price of CNG slashed by Rs 5.30 in Punjab

Retail price of CNG slashed by Rs 5.30 in Punjab

Following the successful negotiations between the All Pakistan CNG Association (APCNGA) and Sui Northern Gas Pipelines Limited (SNGPL) the retail price of CNG in Punjab has been slashed by Rs 5.30 per litre from Rs 47.20 per litre to Rs 41.90 per litre ef
Published 16 Mar, 2016 12:00am
Retail price of CNG slashed by Rs 5.30 in Punjab

Retail price of CNG slashed by Rs 5.30 in Punjab

Following the successful negotiations between the All Pakistan CNG Association (APCNGA) and Sui Northern Gas Pipelines Limited (SNGPL) the retail price of CNG in Punjab has been slashed by Rs 5.30 per litre from Rs 47.20 per litre to Rs 41.90 per litre ef
Published 16 Mar, 2016 12:00am
Waqar backs Afridi on India love row

Waqar backs Afridi on India love row

Coach Waqar Younis stood by his skipper Shahid Afridi Tuesday over his declaration that Pakistan's cricketers receive more love in India than back home, saying critics should stop stirring up trouble. Former Pakistani captain Javed Miandad has been at the
Published 16 Mar, 2016 12:00am
Waqar backs Afridi on India love row

Waqar backs Afridi on India love row

Coach Waqar Younis stood by his skipper Shahid Afridi Tuesday over his declaration that Pakistan's cricketers receive more love in India than back home, saying critics should stop stirring up trouble. Former Pakistani captain Javed Miandad has been at the
Published 16 Mar, 2016 12:00am
Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Commerce Ministry has reportedly refused to pay a subsidy to the Ministry of Defence Production (MoDP) for Defence Exhibition Idea 2016 on the plea that the amount of Export Development Fund (EDF) is meant for those sectors which actually deposit 0.25 per
Published 16 Mar, 2016 12:00am
Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Commerce Ministry has reportedly refused to pay a subsidy to the Ministry of Defence Production (MoDP) for Defence Exhibition Idea 2016 on the plea that the amount of Export Development Fund (EDF) is meant for those sectors which actually deposit 0.25 per
Published 16 Mar, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Defence exhibition: Commerce ministry refuses to pay subsidy to MoDP

Commerce Ministry has reportedly refused to pay a subsidy to the Ministry of Defence Production (MoDP) for Defence Exhibition Idea 2016 on the plea that the amount of Export Development Fund (EDF) is meant for those sectors which actually deposit 0.25 per
Published 16 Mar, 2016 12:00am
MCB, NIB banks negotiating merger

MCB, NIB banks negotiating merger

MCB Bank Limited (MCB) Tuesday said to be in preliminary non-binding discussion with Fullerton Financial Holdings Pte Ltd (FFH) for a possible merger with NIB Bank Limited (NIB). FFH holds majority shares of NIB through its wholly-owned subsidiary Bugis I
Published 16 Mar, 2016 12:00am
MCB, NIB banks negotiating merger

MCB, NIB banks negotiating merger

MCB Bank Limited (MCB) Tuesday said to be in preliminary non-binding discussion with Fullerton Financial Holdings Pte Ltd (FFH) for a possible merger with NIB Bank Limited (NIB). FFH holds majority shares of NIB through its wholly-owned subsidiary Bugis I
Published 16 Mar, 2016 12:00am
MCB, NIB banks negotiating merger

MCB, NIB banks negotiating merger

MCB Bank Limited (MCB) Tuesday said to be in preliminary non-binding discussion with Fullerton Financial Holdings Pte Ltd (FFH) for a possible merger with NIB Bank Limited (NIB). FFH holds majority shares of NIB through its wholly-owned subsidiary Bugis I
Published 16 Mar, 2016 12:00am
One dead in Brussels shootout linked to Paris attacks

One dead in Brussels shootout linked to Paris attacks

Police shot dead one suspect on Tuesday during a major Belgian-French anti-terror operation in Brussels linked to the Paris attacks, after gunmen opened fire and wounded four officers.
Published 16 Mar, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A firmer trend was seen on the money market on Tuesday as the rupee almost held the present levels against the dollar in the process of trade, dealers said.
Published 16 Mar, 2016 12:00am
One dead in Brussels shootout linked to Paris attacks

One dead in Brussels shootout linked to Paris attacks

Police shot dead one suspect on Tuesday during a major Belgian-French anti-terror operation in Brussels linked to the Paris attacks, after gunmen opened fire and wounded four officers.
Published 16 Mar, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

A firmer trend was seen on the money market on Tuesday as the rupee almost held the present levels against the dollar in the process of trade, dealers said.
Published 16 Mar, 2016 12:00am
PSX proposes elimination of double taxation on services
Exchange

PSX proposes elimination of double taxation on services

Pakistan Stock Exchange Limited (PSX) has proposed elimination of double taxation (31 percent) on services rendered by stock brokers, revision of the current capital gain tax (CGT) regime on stock exchanges and reduction in the CGT rates to attract invest
Published 16 Mar, 2016 12:00am
Three Attock Jail inmates attempt to commit suicide

Three Attock Jail inmates attempt to commit suicide

Two death row convicts and one other prisoner on Tuesday attempted suicide at the lock-up of District Jail Attock. According to Jail sources, the inmates Muhammad Bilal, Muhammad Haneef and Tariq Mahmood severely injured themselves by cutting their hands
Published 16 Mar, 2016 12:00am
VTCS' failure: PPP submits calling attention notice in NA

VTCS' failure: PPP submits calling attention notice in NA

Pakistan Peoples Party (PPP) has submitted Calling Attention Notice in the National Assembly Secretariat on the failure of the Voluntary Tax Compliance Scheme 2016 to encourage traders to file returns.
Published 16 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
Senate body issues warning

Senate body issues warning

Senate Committee on Human Rights summoned representatives of the Ministry of Interior and Ministry of Information with a warning that if they don't take it seriously, the committee will move a Privileged Motion against the matter of Axact Company/Bol TV N
Published 16 Mar, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
Punjab Agriculture Food & Drug Authority approved

Punjab Agriculture Food & Drug Authority approved

Punjab Chief Minister Muhammad Shahbaz Sharif has granted approval to setting up of a completely autonomous Punjab Agriculture Food & Drug Authority. He gave this approval while addressing a meeting through video link at Civil Secretariat, here on Tuesday
Published 16 Mar, 2016 12:00am
Wapda delivered 31.88 billion hydel power units to national grid in 2015

Wapda delivered 31.88 billion hydel power units to national grid in 2015

Pakistan Water and Power Development Authority (Wapda) hydel power stations has delivered as many as 31.88 billion units of low-cost hydel electricity to the national grid in 2015, while as many as 2.95 billion units during the first two months of the cur
Published 16 Mar, 2016 12:00am
Punjab government to mark 'Tax Day' on April 10

Punjab government to mark 'Tax Day' on April 10

The Punjab government has announced to mark April 10 as a "tax day" to create public awareness about being tax compliant and importance of revenue generation in helping the government to ensure provision of civic facilities.
Published 16 Mar, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 15, 2016)

Published 16 Mar, 2016 12:00am
Agri development critical to reducing poverty: expert

Agri development critical to reducing poverty: expert

Endemic rural poverty resides in the most of developing countries whereas agricultural development is essential for poverty reduction, said Korean Expert Kil-Ung Kim, Project Manager, Pak-Korea Capacity Building Centre.
Published 16 Mar, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
25 global NGOs allowed to operate in Pakistan

25 global NGOs allowed to operate in Pakistan

Twenty five (25) international NGOs have been formally allowed to operate in Pakistan. The decision was taken during a high level meeting held at Interior Ministry with Interior Minister in chair. Those who were present during the meeting included among o
Published 16 Mar, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
Four killed in roof collapse incidents

Four killed in roof collapse incidents

At least four people were killed and two sustained severe injuries on Tuesday in two separate incidents of roof collapse in Peshawar. In Saeedabad area, roof of a dilapidated house collapsed after heavy rain due to which 15-year-old Khalid and his 17-year
Published 16 Mar, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 15, 2016).

Published 16 Mar, 2016 12:00am
UAF convocation

UAF convocation

The 23rd Convocation of the University of Agriculture, Faisalabad (UAF) will be held on Wednesday at 10:30am at the varsity D-Ground.
Published 16 Mar, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (March 15, 2016) and the forecast for Wednesday (March 16, 2016).

Published 16 Mar, 2016 12:00am
APSEA seeks action against substandard soybeans

APSEA seeks action against substandard soybeans

All Pakistani Solvent Extractors Association (APSEA) has appealed to the authorities not to allow off-load 35,000 tonnes of substandard, unhygienic and injurious to health soybeans and take stern action against the concerned who were responsible for this
Published 16 Mar, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Mar, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 16 Mar, 2016 12:00am
Multiple Indicator Cluster Survey Report 2014 Punjab launched

Multiple Indicator Cluster Survey Report 2014 Punjab launched

The Multiple Indicator Cluster Survey (MICS) Report 2014 Punjab jointly organised by Bureau of Statistics P&D and Unicef was launched, here on Tuesday. MICS report, based on a District Level survey capturing socioeconomic indicators particularly focusing
Published 16 Mar, 2016 12:00am
Tribesmen have rendered great sacrifices: Governor KP

Tribesmen have rendered great sacrifices: Governor KP

Khyber Pakhtunkhwa Governor Eng. Iqbal Zafar Jhagra has said that the patriotic tribesmen had rendered great sacrifices for the peace of entire region adding that the time has now come to reciprocate their sacrifices and take concrete measures to redress
Published 16 Mar, 2016 12:00am
Illegal gateway exchange unearthed in Bahawalpur
Exchange

Illegal gateway exchange unearthed in Bahawalpur

Pakistan Telecommunication Authority (PTA) in its ongoing efforts to control grey traffic has unearthed an illegal gateway exchange in Bahawalpur. According to details, a successful raid against the grey operator was carried out along with FIA team at Bah
Published 16 Mar, 2016 12:00am
FED: cement makers underscore need for stepwise reduction

FED: cement makers underscore need for stepwise reduction

The All Pakistan Cement Manufacturers Association has suggested to the Federal Board of Revenue to reduce the federal excise duty stepwise to zero as announced by the previous government to encourage cement off-take since this is never a luxury item.
Published 16 Mar, 2016 12:00am
Russia jets return from Syria in boost for peace talks

Russia jets return from Syria in boost for peace talks

The first of Russia's warplanes to leave Syria received a hero's welcome back home Tuesday, starting a surprise withdrawal the West hopes could boost peace talks by pressuring Damascus.
Published 16 Mar, 2016 12:00am
Palestinian child survivor of firebombing to meet Real Madrid stars

Palestinian child survivor of firebombing to meet Real Madrid stars

A Palestinian boy who survived a firebombing by Jewish extremists that killed his parents and brother will travel Tuesday to meet Real Madrid stars including his idol Cristiano Ronaldo. Five-year-old Ahmed Dawabsha, his uncle and his grandparents were to
Published 16 Mar, 2016 12:00am
UN chief asks Israel to reverse West Bank land seizure

UN chief asks Israel to reverse West Bank land seizure

UN Secretary-General Ban Ki-moon urged Israel on Tuesday to reverse its confiscation of land in the Palestinian West Bank, describing the decision as "an impediment to the two-state solution" in the Middle East.
Published 16 Mar, 2016 12:00am
Brazil's Lula on verge of joining government: sources

Brazil's Lula on verge of joining government: sources

Brazil's ex-president Luiz Inacio Lula da Silva is about to join the government of his embattled protege Dilma Rousseff, administration sources said Tuesday, as both seek to save their political lives. The move, which would be hugely divisive, would amoun
Published 16 Mar, 2016 12:00am
Cyprus threatens to block EU-Turkey migrant deal

Cyprus threatens to block EU-Turkey migrant deal

Tiny Cyprus on Tuesday threatened to derail a proposed EU deal with Turkey to end Europe's migration crisis, warning it would not be pressured into dropping longstanding disagreements with Ankara. EU president Donald Tusk held hastily arranged talks in Ni
Published 16 Mar, 2016 12:00am
Surviving Shakespeare script urges empathy for foreigners

Surviving Shakespeare script urges empathy for foreigners

The only surviving play script including William Shakespeare's handwriting, and containing a passionate speech against xenophobia, is being put online to mark the 400th anniversary of the bard's death, the British Library announced Tuesday.
Published 16 Mar, 2016 12:00am
Uber to only work with official taxis in Moscow

Uber to only work with official taxis in Moscow

Uber has agreed with the Moscow government to use only officially licensed taxi drivers and to provide the authorities with information on passengers' itineraries, officials said on Tuesday. Under the agreement which Uber signed with the Moscow City Hall,
Published 16 Mar, 2016 12:00am
Civilians flee Iraq town as battle looms

Civilians flee Iraq town as battle looms

Terrified residents were fleeing the Iraqi town of Hit as security forces closed in Tuesday and jihadist fighters hunkered down to defend one of their main bastions in Anbar province.
Published 16 Mar, 2016 12:00am
41 civilians dead in coalition raids on Yemen market

41 civilians dead in coalition raids on Yemen market

At least 41 Yemeni civilians were killed when Saudi-led coalition warplanes hit a market Tuesday in the rebel-held northern Hajja province, medics and tribal sources said. An official at a hospital run by Doctors Without Borders (MSF) said the facility ha
Published 16 Mar, 2016 12:00am
Aussie, kiwi lose ground

Aussie, kiwi lose ground

The Australian and New Zealand dollars took a breather on Tuesday as softer commodity prices and a looming policy meeting by the Federal Reserve encouraged caution and underpinned the US dollar. The Australian dollar edged lower to $0.7490, from $0.7505 e
Published 16 Mar, 2016 12:00am
Sterling sheds 1 percent on 'Brexit' worries
Currency

Sterling sheds 1 percent on 'Brexit' worries

Sterling fell on Tuesday, retreating from a one-month high against the dollar, after a poll suggested supporters of Britain's leaving the European Union had overtaken those who want to remain.
Published 16 Mar, 2016 12:00am
Bangladesh's interbank forex and interest rates

Bangladesh's interbank forex and interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 78.40-78.40 (previous 78.40-78.40). 02.25-04.50 percent (Previous 02.00-04.50 percent).
Published 16 Mar, 2016 12:00am
Asian currencies ease, focus on Fed meeting

Asian currencies ease, focus on Fed meeting

Asian currencies were steady to lower against the dollar on Tuesday, as investors awaited clues on the US monetary policy outlook from the Federal Reserve's two-day policy meeting starting later in the day.
Published 16 Mar, 2016 12:00am
Yuan slips on weaker midpoint
Exchange

Yuan slips on weaker midpoint

The yuan edged lower against the dollar on Tuesday after the central bank fixed a softer midpoint rate, while the latest data showed that China's capital outflows slowed in February.
Published 16 Mar, 2016 12:00am
Sri Lankan rupee forwards ease
Currency

Sri Lankan rupee forwards ease

Sri Lankan rupee forwards eased slightly in dull trade on Tuesday as importer dollar demand surpassed greenback sales by banks amid growing uncertainty after the announcement of new tax hikes weighed on the currency, dealers said. One-week rupee forwards,
Published 16 Mar, 2016 12:00am
Early trade in New York: dollar falls against yen
Currency

Early trade in New York: dollar falls against yen

The dollar fell by more than 1 percent against the yen on Tuesday as weak US retail sales data compounded investors' search for safety as oil tumbled and equity markets globally turned lower. The yen was also boosted by the Bank of Japan's decision to lea
Published 16 Mar, 2016 12:00am
Czech leader accuses Turkey of 'blackmailing' EU over refugees

Czech leader accuses Turkey of 'blackmailing' EU over refugees

The Czech Republic on Tuesday alleged Turkey was "blackmailing" the EU with demands for extra cash to curb the flow of refugees and migrants to member state Greece. Under a deal clinched in November, the EU has already pledged three billion euros ($3.3 bi
Published 16 Mar, 2016 12:00am
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