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Feb 16, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-04-02
Japan's 'Masked Girls' seek fame under cover

Japan's 'Masked Girls' seek fame under cover

Standing out from Japan's myriad of girl bands can be a daunting task, but one group, the "Kamen Joshi", or "Masked Girls" in Japanese, has found the answer by hiding behind masks.
Published 02 Apr, 2016 12:00am
'Daredevil' goes global in Netflix milestone

'Daredevil' goes global in Netflix milestone

A cheer exploded as comic action hero Daredevil burst from a "war room" on the Netflix campus and dashed to nearly every country in the world the instant Friday arrived.
Published 02 Apr, 2016 12:00am
BRIDGE NOTES: An albatross around the neck

BRIDGE NOTES: An albatross around the neck

Bridge is a game where endless possibilities arise both for good declarer play or defence. It is the hallmark of a good Bridge player to seize the right inference and opportunity to make either a spectacular play or killing defence.
Published 02 Apr, 2016 12:00am
Dar meets army chief to discuss defence budget

Dar meets army chief to discuss defence budget

Finance Minister Ishaq Dar on Friday called on Chief of Army Staff (CoAS) General Raheel Sharif at General Headquarters (GHQ) on Friday to discuss the matters related to defence budget for the financial year 2016-17, according to ISPR. Finance secretary,
Published 02 Apr, 2016 12:00am
Dar meets army chief to discuss defence budget

Dar meets army chief to discuss defence budget

Finance Minister Ishaq Dar on Friday called on Chief of Army Staff (CoAS) General Raheel Sharif at General Headquarters (GHQ) on Friday to discuss the matters related to defence budget for the financial year 2016-17, according to ISPR. Finance secretary,
Published 02 Apr, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Apr, 2016 12:00am
Calling attention notice It's not cricket

Calling attention notice It's not cricket

Pakistan People's Party (PPP) on Friday submitted a calling attention notice in the National Assembly with respect to continuous lacklustre and bad performances of Pakistan cricket team in Asia Cup and now in World T-20. The calling attention notice was s
Published 02 Apr, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 02 Apr, 2016 12:00am
Calling attention notice It's not cricket

Calling attention notice It's not cricket

Pakistan People's Party (PPP) on Friday submitted a calling attention notice in the National Assembly with respect to continuous lacklustre and bad performances of Pakistan cricket team in Asia Cup and now in World T-20. The calling attention notice was s
Published 02 Apr, 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 02 Apr, 2016 12:00am
IS 'madmen' would gladly use nukes: Obama

IS 'madmen' would gladly use nukes: Obama

More cooperation is needed to prevent the Islamic State group's "madmen" and other extremists from getting a nuclear weapon, US President Barack Obama warned Friday as global leaders met in Washington. The threat of terrorists of using nuclear material in
Published 02 Apr, 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 02 Apr, 2016 12:00am
IS 'madmen' would gladly use nukes: Obama

IS 'madmen' would gladly use nukes: Obama

More cooperation is needed to prevent the Islamic State group's "madmen" and other extremists from getting a nuclear weapon, US President Barack Obama warned Friday as global leaders met in Washington. The threat of terrorists of using nuclear material in
Published 02 Apr, 2016 12:00am
Nuclear-security: Pakistan has effective mechanism: Fatemi
Exchange

Nuclear-security: Pakistan has effective mechanism: Fatemi

Pakistan says it has an effective emergency response mechanism, including a nuclear emergency management system, to ensure security of nuclear materials. This was stated by Prime Minister's Special Assistant on Foreign Affairs Tariq Fatemi while addressin
Published 02 Apr, 2016 12:00am
Nuclear-security: Pakistan has effective mechanism: Fatemi
Exchange

Nuclear-security: Pakistan has effective mechanism: Fatemi

Pakistan says it has an effective emergency response mechanism, including a nuclear emergency management system, to ensure security of nuclear materials. This was stated by Prime Minister's Special Assistant on Foreign Affairs Tariq Fatemi while addressin
Published 02 Apr, 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 (April 01, 2016).

Published 02 Apr, 2016 12:00am
Arrest of RAW agent: Iran to address Pakistan's concerns: envoy

Arrest of RAW agent: Iran to address Pakistan's concerns: envoy

Iran on Friday assured Pakistan of its full support to address its concerns in connection with activities of the Indian spy agency Research Analysis Wing (RAW) against Pakistan while using the Iranian soil. The sources said that Iranian ambassador Mehdi H
Published 02 Apr, 2016 12:00am
Arrest of RAW agent: Iran to address Pakistan's concerns: envoy

Arrest of RAW agent: Iran to address Pakistan's concerns: envoy

Iran on Friday assured Pakistan of its full support to address its concerns in connection with activities of the Indian spy agency Research Analysis Wing (RAW) against Pakistan while using the Iranian soil. The sources said that Iranian ambassador Mehdi H
Published 02 Apr, 2016 12:00am
Saudi says will only freeze oil output if Iran, others do

Saudi says will only freeze oil output if Iran, others do

Top oil exporter Saudi Arabia will only freeze output if other key producers, including Iran, take a similar measure, its deputy crown prince told Bloomberg News in an interview published Friday. "If all countries agree to freeze production, we're ready,"
Published 02 Apr, 2016 12:00am
Saudi says will only freeze oil output if Iran, others do

Saudi says will only freeze oil output if Iran, others do

Top oil exporter Saudi Arabia will only freeze output if other key producers, including Iran, take a similar measure, its deputy crown prince told Bloomberg News in an interview published Friday. "If all countries agree to freeze production, we're ready,"
Published 02 Apr, 2016 12:00am
Saudi says will only freeze oil output if Iran, others do

Saudi says will only freeze oil output if Iran, others do

Top oil exporter Saudi Arabia will only freeze output if other key producers, including Iran, take a similar measure, its deputy crown prince told Bloomberg News in an interview published Friday. "If all countries agree to freeze production, we''re ready,
Published 02 Apr, 2016 12:00am
SBP allows import of cash USD from Lahore
Exchange

SBP allows import of cash USD from Lahore

The State Bank of Pakistan (SBP) Friday allowed import of cash US dollars against the export of permissible foreign currencies from Allama Iqbal International Airport, Lahore. Previously, the import of dollar was allowed only from Jinnah International Air
Published 02 Apr, 2016 12:00am
SBP allows import of cash USD from Lahore
Exchange

SBP allows import of cash USD from Lahore

The State Bank of Pakistan (SBP) Friday allowed import of cash US dollars against the export of permissible foreign currencies from Allama Iqbal International Airport, Lahore. Previously, the import of dollar was allowed only from Jinnah International Air
Published 02 Apr, 2016 12:00am
SBP allows import of cash USD from Lahore
Exchange

SBP allows import of cash USD from Lahore

The State Bank of Pakistan (SBP) Friday allowed import of cash US dollars against the export of permissible foreign currencies from Allama Iqbal International Airport, Lahore. Previously, the import of dollar was allowed only from Jinnah International Air
Published 02 Apr, 2016 12:00am
Index-based halts: PSX widening circuit breakers to 10 percent
Exchange

Index-based halts: PSX widening circuit breakers to 10 percent

Pakistan Stock Exchange (PSX) is contemplating introducing Index Based Market Halts (IBMH) in a phased manner by widening the existing scrip level circuit breakers from 5 to 10 percent within next six months. A circuit breaker refers to a measure used by
Published 02 Apr, 2016 12:00am
Index-based halts: PSX widening circuit breakers to 10 percent
Exchange

Index-based halts: PSX widening circuit breakers to 10 percent

Pakistan Stock Exchange (PSX) is contemplating introducing Index Based Market Halts (IBMH) in a phased manner by widening the existing scrip level circuit breakers from 5 to 10 percent within next six months. A circuit breaker refers to a measure used by
Published 02 Apr, 2016 12:00am
Index-based halts: PSX widening circuit breakers to 10 percent
Exchange

Index-based halts: PSX widening circuit breakers to 10 percent

Pakistan Stock Exchange (PSX) is contemplating introducing Index Based Market Halts (IBMH) in a phased manner by widening the existing scrip level circuit breakers from 5 to 10 percent within next six months. A circuit breaker refers to a measure used by
Published 02 Apr, 2016 12:00am
Bourse consolidates gains

Bourse consolidates gains

The sentiment-driven share market gained another 311 points to close at 33,450 points Friday. The benchmark KSE-100 index, however, showed volatility and hit the intraday high and low of 33,469 and 33,122 points, respectively. The number of stocks traded
Published 02 Apr, 2016 12:00am
Bourse consolidates gains

Bourse consolidates gains

The sentiment-driven share market gained another 311 points to close at 33,450 points Friday. The benchmark KSE-100 index, however, showed volatility and hit the intraday high and low of 33,469 and 33,122 points, respectively. The number of stocks traded
Published 02 Apr, 2016 12:00am
Bourse consolidates gains

Bourse consolidates gains

The sentiment-driven share market gained another 311 points to close at 33,450 points Friday. The benchmark KSE-100 index, however, showed volatility and hit the intraday high and low of 33,469 and 33,122 points, respectively. The number of stocks traded
Published 02 Apr, 2016 12:00am
BRIndex30 up 301.22 points

BRIndex30 up 301.22 points

On Friday, BRIndex30 opened at 20,834.70 points. It touched an intraday high of 21,165.70 points and an intraday low of 20,803.34 points and closed at 21,135.92 points which was 301.22 points or 1.45 percent higher than previous close. Total volume was 13
Published 02 Apr, 2016 12:00am
BRIndex30 up 301.22 points

BRIndex30 up 301.22 points

On Friday, BRIndex30 opened at 20,834.70 points. It touched an intraday high of 21,165.70 points and an intraday low of 20,803.34 points and closed at 21,135.92 points which was 301.22 points or 1.45 percent higher than previous close. Total volume was 13
Published 02 Apr, 2016 12:00am
Two tranches: fund puts in place six new benchmarks
Currency

Two tranches: fund puts in place six new benchmarks

The International Monetary Fund (IMF) has put in place six new structural benchmarks for the release of the remaining two tranches under the $6.64 billion Extended Fund Facility (EFF) program. This was revealed in the Tenth Review under the Extended Arran
Published 02 Apr, 2016 12:00am
Two tranches: fund puts in place six new benchmarks
Currency

Two tranches: fund puts in place six new benchmarks

The International Monetary Fund (IMF) has put in place six new structural benchmarks for the release of the remaining two tranches under the $6.64 billion Extended Fund Facility (EFF) program. This was revealed in the Tenth Review under the Extended Arran
Published 02 Apr, 2016 12:00am
Two tranches: fund puts in place six new benchmarks
Currency

Two tranches: fund puts in place six new benchmarks

The International Monetary Fund (IMF) has put in place six new structural benchmarks for the release of the remaining two tranches under the $6.64 billion Extended Fund Facility (EFF) program. This was revealed in the Tenth Review under the Extended Arran
Published 02 Apr, 2016 12:00am
Job creation: likely GDP growth of 4.5 percent to be inadequate
Exchange

Job creation: likely GDP growth of 4.5 percent to be inadequate

The International Monetary Fund has said that Pakistan's expected GDP growth of 4.5 percent for the current fiscal year would be inadequate to create enough jobs to meet the growing demand in the country. The IMF in its staff level appraisal of 10th revie
Published 02 Apr, 2016 12:00am
Job creation: likely GDP growth of 4.5 percent to be inadequate
Exchange

Job creation: likely GDP growth of 4.5 percent to be inadequate

The International Monetary Fund has said that Pakistan's expected GDP growth of 4.5 percent for the current fiscal year would be inadequate to create enough jobs to meet the growing demand in the country. The IMF in its staff level appraisal of 10th revie
Published 02 Apr, 2016 12:00am
Job creation: likely GDP growth of 4.5 percent to be inadequate
Exchange

Job creation: likely GDP growth of 4.5 percent to be inadequate

The International Monetary Fund has said that Pakistan''s expected GDP growth of 4.5 percent for the current fiscal year would be inadequate to create enough jobs to meet the growing demand in the country. The IMF in its staff level appraisal of 10th revi
Published 02 Apr, 2016 12:00am
Loss-making PSEs: government failed to implement commitment
Exchange

Loss-making PSEs: government failed to implement commitment

The International Monetary Fund (IMF) has said that loss-making Public Sector Enterprises (PSEs) continue to pose fiscal risks and impair the efficiency of Pakistan's economy as the government has failed to implement its commitment to restructure or priva
Published 02 Apr, 2016 12:00am
Loss-making PSEs: government failed to implement commitment
Exchange

Loss-making PSEs: government failed to implement commitment

The International Monetary Fund (IMF) has said that loss-making Public Sector Enterprises (PSEs) continue to pose fiscal risks and impair the efficiency of Pakistan's economy as the government has failed to implement its commitment to restructure or priva
Published 02 Apr, 2016 12:00am
Loss-making PSEs: government failed to implement commitment
Exchange

Loss-making PSEs: government failed to implement commitment

The International Monetary Fund (IMF) has said that loss-making Public Sector Enterprises (PSEs) continue to pose fiscal risks and impair the efficiency of Pakistan''s economy as the government has failed to implement its commitment to restructure or priv
Published 02 Apr, 2016 12:00am
Power prices to be adjusted to protect level of revenue

Power prices to be adjusted to protect level of revenue

The government has assured the International Monetary Fund (IMF) that it would adjust electricity prices as needed to protect the level of revenue besides undertaking all necessary measures to ensure full cost recovery from electricity consumers. Pakistan
Published 02 Apr, 2016 12:00am
Power prices to be adjusted to protect level of revenue

Power prices to be adjusted to protect level of revenue

The government has assured the International Monetary Fund (IMF) that it would adjust electricity prices as needed to protect the level of revenue besides undertaking all necessary measures to ensure full cost recovery from electricity consumers. Pakistan
Published 02 Apr, 2016 12:00am
Power prices to be adjusted to protect level of revenue

Power prices to be adjusted to protect level of revenue

The government has assured the International Monetary Fund (IMF) that it would adjust electricity prices as needed to protect the level of revenue besides undertaking all necessary measures to ensure full cost recovery from electricity consumers. Pakistan
Published 02 Apr, 2016 12:00am
Gas tariffs to be raised from July 1

Gas tariffs to be raised from July 1

The government has pledged to the International Monetary Fund (IMF) that gas tariffs would increase from July 1, 2016 to ensure cost recovery and help reduce financial losses of gas companies. According to IMF staff level report uploaded on its website pr
Published 02 Apr, 2016 12:00am
Gas tariffs to be raised from July 1

Gas tariffs to be raised from July 1

The government has pledged to the International Monetary Fund (IMF) that gas tariffs would increase from July 1, 2016 to ensure cost recovery and help reduce financial losses of gas companies. According to IMF staff level report uploaded on its website pr
Published 02 Apr, 2016 12:00am
Gas tariffs to be raised from July 1

Gas tariffs to be raised from July 1

The government has pledged to the International Monetary Fund (IMF) that gas tariffs would increase from July 1, 2016 to ensure cost recovery and help reduce financial losses of gas companies. According to IMF staff level report uploaded on its website pr
Published 02 Apr, 2016 12:00am
Government committed to introducing market value-based real estate tax

Government committed to introducing market value-based real estate tax

Pakistan has committed to introducing a market value-based real estate tax. This was disclosed in the International Monetary Fund staff report titled Tenth Review under the Extended Arrangement and Request for Modification of Performance. Federal Board of
Published 02 Apr, 2016 12:00am
Government committed to introducing market value-based real estate tax

Government committed to introducing market value-based real estate tax

Pakistan has committed to introducing a market value-based real estate tax. This was disclosed in the International Monetary Fund staff report titled Tenth Review under the Extended Arrangement and Request for Modification of Performance. Federal Board of
Published 02 Apr, 2016 12:00am
Government committed to introducing market value-based real estate tax

Government committed to introducing market value-based real estate tax

Pakistan has committed to introducing a market value-based real estate tax. This was disclosed in the International Monetary Fund staff report titled Tenth Review under the Extended Arrangement and Request for Modification of Performance. Federal Board of
Published 02 Apr, 2016 12:00am
Government committed to introducing market value-based real estate tax

Government committed to introducing market value-based real estate tax

Pakistan has committed to introducing a market value-based real estate tax. This was disclosed in the International Monetary Fund staff report titled Tenth Review under the Extended Arrangement and Request for Modification of Performance. Federal Board of
Published 02 Apr, 2016 12:00am
Need stressed for overhaul of FRDL Act

Need stressed for overhaul of FRDL Act

The International Monetary Fund (IMF) has called for a comprehensive overhaul of the Fiscal Responsibility and Debt Limitation (FRDL) Act as the existing one has not been able to guide the policy making on debt reduction. The staff report prepared by the
Published 02 Apr, 2016 12:00am
Need stressed for overhaul of FRDL Act

Need stressed for overhaul of FRDL Act

The International Monetary Fund (IMF) has called for a comprehensive overhaul of the Fiscal Responsibility and Debt Limitation (FRDL) Act as the existing one has not been able to guide the policy making on debt reduction. The staff report prepared by the
Published 02 Apr, 2016 12:00am
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