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Print - 2016-05-03
CPEC projects: Ahsan seeks WTO support

CPEC projects: Ahsan seeks WTO support

Federal Minister for Planning, Development and Reform Ahsan Iqbal on Monday urged World Trade Organisation (WTO) to support Pakistan in capacity building in SME sector and trade facilitation for CPEC. Pakistan eyes $150 billion exports by 2025 under Visio
Published 03 May, 2016 12:00am
CPEC projects: Ahsan seeks WTO support

CPEC projects: Ahsan seeks WTO support

Federal Minister for Planning, Development and Reform Ahsan Iqbal on Monday urged World Trade Organisation (WTO) to support Pakistan in capacity building in SME sector and trade facilitation for CPEC. Pakistan eyes $150 billion exports by 2025 under Visio
Published 03 May, 2016 12:00am
CPEC projects: Ahsan seeks WTO support

CPEC projects: Ahsan seeks WTO support

Federal Minister for Planning, Development and Reform Ahsan Iqbal on Monday urged World Trade Organisation (WTO) to support Pakistan in capacity building in SME sector and trade facilitation for CPEC. Pakistan eyes $150 billion exports by 2025 under Visio
Published 03 May, 2016 12:00am
Public prosecutors: NA passes bill banning private practice

Public prosecutors: NA passes bill banning private practice

National Assembly Standing Committee on Law and Justice has rejected "The Supreme Court (Number of Judges) (Amendment) Bill, 2016" and passed "The Central Law Officers (Amendment) Bill, 2016" to ban private practice of public prosecutors. The Committee me
Published 03 May, 2016 12:00am
Public prosecutors: NA passes bill banning private practice

Public prosecutors: NA passes bill banning private practice

National Assembly Standing Committee on Law and Justice has rejected "The Supreme Court (Number of Judges) (Amendment) Bill, 2016" and passed "The Central Law Officers (Amendment) Bill, 2016" to ban private practice of public prosecutors. The Committee me
Published 03 May, 2016 12:00am
Iran to grant citizenship to families of foreign 'martyrs'

Iran to grant citizenship to families of foreign 'martyrs'

Iran has passed a law allowing the government to grant citizenship to the families of foreigners killed while fighting for the Islamic republic, the official IRNA news agency reported Monday. "Members of the parliament authorised the government to grant I
Published 03 May, 2016 12:00am
Iran to grant citizenship to families of foreign 'martyrs'

Iran to grant citizenship to families of foreign 'martyrs'

Iran has passed a law allowing the government to grant citizenship to the families of foreigners killed while fighting for the Islamic republic, the official IRNA news agency reported Monday. "Members of the parliament authorised the government to grant I
Published 03 May, 2016 12:00am
Corps commanders' meeting Countrywide combing operation approved

Corps commanders' meeting Countrywide combing operation approved

A Corps Commander Conference chaired by General Raheel Sharif, Chief of Army Staff (CoAS), was held here on Monday at General Headquarters (GHQ). Forum was briefed in detail about internal and external security situation of the country. Participants of th
Published 03 May, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 03 May, 2016 12:00am
Corps commanders' meeting Countrywide combing operation approved

Corps commanders' meeting Countrywide combing operation approved

A Corps Commander Conference chaired by General Raheel Sharif, Chief of Army Staff (CoAS), was held here on Monday at General Headquarters (GHQ). Forum was briefed in detail about internal and external security situation of the country. Participants of th
Published 03 May, 2016 12:00am
With five-year delay, CIA 'live-tweets' bin Laden raid

With five-year delay, CIA 'live-tweets' bin Laden raid

The CIA has marked the anniversary of the killing of Osama bin Laden by live-tweeting - with a five-year delay - the raid by US special forces on the al Qaeda founder's compound in Pakistan. Using the hashtag UBLRaid, the CIA blasted out updates of the Ma
Published 03 May, 2016 12:00am
With five-year delay, CIA 'live-tweets' bin Laden raid

With five-year delay, CIA 'live-tweets' bin Laden raid

The CIA has marked the anniversary of the killing of Osama bin Laden by live-tweeting - with a five-year delay - the raid by US special forces on the al Qaeda founder's compound in Pakistan. Using the hashtag UBLRaid, the CIA blasted out updates of the Ma
Published 03 May, 2016 12:00am
F-16 aircraft deal: discussions still under way

F-16 aircraft deal: discussions still under way

The proposed deal to purchase eight F-16 aircraft from US is still under discussion between the two countries, defence sources stated. The US Congress has blocked a move by Washington to subsidise Pakistan's purchase of eight Lockheed Martin Corporation's
Published 03 May, 2016 12:00am
F-16 aircraft deal: discussions still under way

F-16 aircraft deal: discussions still under way

The proposed deal to purchase eight F-16 aircraft from US is still under discussion between the two countries, defence sources stated. The US Congress has blocked a move by Washington to subsidise Pakistan's purchase of eight Lockheed Martin Corporation's
Published 03 May, 2016 12:00am
Inflation soars to 4.17 percent in April

Inflation soars to 4.17 percent in April

The headline inflation in the month of April has soared to 4.17 percent following an increase in the prices of food and non food items, according to Pakistan Bureau of Statistics (PBS). According to Consumer Price Index (CPI) data released by PBS, cost of
Published 03 May, 2016 12:00am
Inflation soars to 4.17 percent in April

Inflation soars to 4.17 percent in April

The headline inflation in the month of April has soared to 4.17 percent following an increase in the prices of food and non food items, according to Pakistan Bureau of Statistics (PBS). According to Consumer Price Index (CPI) data released by PBS, cost of
Published 03 May, 2016 12:00am
Inflation soars to 4.17 percent in April

Inflation soars to 4.17 percent in April

The headline inflation in the month of April has soared to 4.17 percent following an increase in the prices of food and non food items, according to Pakistan Bureau of Statistics (PBS). According to Consumer Price Index (CPI) data released by PBS, cost of
Published 03 May, 2016 12:00am
Banking transactions 0.4 percent WHT rate extended up to May 31

Banking transactions 0.4 percent WHT rate extended up to May 31

Finance Minister, Senator Mohammad Ishaq Dar as Chairman, Economic Co-ordination Committee of the Cabinet (ECC) has accorded anticipatory approval for extension in the period of applicability of reduced rate of withholding tax @ 0.4 per cent on banking tr
Published 03 May, 2016 12:00am
Banking transactions 0.4 percent WHT rate extended up to May 31

Banking transactions 0.4 percent WHT rate extended up to May 31

Finance Minister, Senator Mohammad Ishaq Dar as Chairman, Economic Co-ordination Committee of the Cabinet (ECC) has accorded anticipatory approval for extension in the period of applicability of reduced rate of withholding tax @ 0.4 per cent on banking tr
Published 03 May, 2016 12:00am
Banking transactions 0.4 percent WHT rate extended up to May 31

Banking transactions 0.4 percent WHT rate extended up to May 31

Finance Minister, Senator Mohammad Ishaq Dar as Chairman, Economic Co-ordination Committee of the Cabinet (ECC) has accorded anticipatory approval for extension in the period of applicability of reduced rate of withholding tax @ 0.4 per cent on banking tr
Published 03 May, 2016 12:00am
Pakistan no 'US colony', Trump told

Pakistan no 'US colony', Trump told

Interior Minister Chaudhry Nisar Ali Khan has said that the fate of Dr Shakeel Afridi is going to be decided by the Pakistani courts and the Government of Pakistan and not by US presidential candidate Donald Trump even if he becomes the President of Unite
Published 03 May, 2016 12:00am
Pakistan no 'US colony', Trump told

Pakistan no 'US colony', Trump told

Interior Minister Chaudhry Nisar Ali Khan has said that the fate of Dr Shakeel Afridi is going to be decided by the Pakistani courts and the Government of Pakistan and not by US presidential candidate Donald Trump even if he becomes the President of Unite
Published 03 May, 2016 12:00am
Senegal signs accord giving US forces permanent access to country

Senegal signs accord giving US forces permanent access to country

Senegal and the United States on Monday signed a defence accord allowing "the permanent presence" of American soldiers in the west African country, especially to help fight against the terrorist threat. A key point of the accord will give US troops access
Published 03 May, 2016 12:00am
Lull in Aleppo as US tries to salvage Syria truce

Lull in Aleppo as US tries to salvage Syria truce

Aleppo residents ventured out onto the streets on Monday, taking advantage of a lull in violence in the northern Syrian city as the United States pushed to salvage a ceasefire More than 250 civilians, including 50 children, have been killed in and around
Published 03 May, 2016 12:00am
Britain's Labour suspends councillors over Israel remarks

Britain's Labour suspends councillors over Israel remarks

Britain's opposition Labour party suspended three councillors on Monday over comments about Israel posted on social media, as a row over anti-Semitism rocked the party. The controversy, which hit just before key regional elections on Thursday, had already
Published 03 May, 2016 12:00am
Chinese coppers to patrol Italy's top tourist sights

Chinese coppers to patrol Italy's top tourist sights

Four Chinese policemen will patrol the streets of Rome and Milan alongside their Italian counterparts for the next two weeks to help protect wealthy visitors from China during a peak tourism period, officials from both countries said Monday. Four units, e
Published 03 May, 2016 12:00am
DG WTO for fixing energy issues, diversifying exports

DG WTO for fixing energy issues, diversifying exports

Director General(DG), World Trade Organisation (WTO), Roberto Azevedo, has said that advancement towards Doha Round is ''very difficult'' especially in the agriculture sector and added that the international body is not sleeping and is trying to bring mem
Published 03 May, 2016 12:00am
DG WTO for fixing energy issues, diversifying exports

DG WTO for fixing energy issues, diversifying exports

Director General(DG), World Trade Organisation (WTO), Roberto Azevedo, has said that advancement towards Doha Round is 'very difficult' especially in the agriculture sector and added that the international body is not sleeping and is trying to bring membe
Published 03 May, 2016 12:00am
DG WTO for fixing energy issues, diversifying exports

DG WTO for fixing energy issues, diversifying exports

Director General(DG), World Trade Organisation (WTO), Roberto Azevedo, has said that advancement towards Doha Round is 'very difficult' especially in the agriculture sector and added that the international body is not sleeping and is trying to bring membe
Published 03 May, 2016 12:00am
SC yet to discuss government letter

SC yet to discuss government letter

No meeting of the apex court's judges on the formation of a commission on the Panama Leaks scandal was held on Monday. "No such meeting regarding the Panama Leaks scandal was held in Supreme Court," the spokesperson for the court, Shahid Hussain Kamboyo,
Published 03 May, 2016 12:00am
SC yet to discuss government letter

SC yet to discuss government letter

No meeting of the apex court's judges on the formation of a commission on the Panama Leaks scandal was held on Monday. "No such meeting regarding the Panama Leaks scandal was held in Supreme Court," the spokesperson for the court, Shahid Hussain Kamboyo,
Published 03 May, 2016 12:00am
BRIndex30 falls 161.21 points

BRIndex30 falls 161.21 points

On Monday, BRIndex30 opened at 21,625.95 points. It touched an intraday high of 21,634.84 points and an intraday low of 21,442.94 points and closed at 21,464.74 points which was -161.21 points or -0.75 percent lower than previous close. Total volume was 1
Published 03 May, 2016 12:00am
BRIndex30 falls 161.21 points

BRIndex30 falls 161.21 points

On Monday, BRIndex30 opened at 21,625.95 points. It touched an intraday high of 21,634.84 points and an intraday low of 21,442.94 points and closed at 21,464.74 points which was -161.21 points or -0.75 percent lower than previous close. Total volume was 1
Published 03 May, 2016 12:00am
Bears return
Exchange

Bears return

Pakistan Stock Exchange (PSX) remained volatile on first trading day of the week and the benchmark KSE-100 index shed 152 points to close at 34,567 points on Monday down from 34,719 points on Friday. Ahsan Mehanti, Director at Arif Habib, said that stocks
Published 03 May, 2016 12:00am
Bears return
Exchange

Bears return

Pakistan Stock Exchange (PSX) remained volatile on first trading day of the week and the benchmark KSE-100 index shed 152 points to close at 34,567 points on Monday down from 34,719 points on Friday. Ahsan Mehanti, Director at Arif Habib, said that stocks
Published 03 May, 2016 12:00am
Bears return
Exchange

Bears return

Pakistan Stock Exchange (PSX) remained volatile on first trading day of the week and the benchmark KSE-100 index shed 152 points to close at 34,567 points on Monday down from 34,719 points on Friday. Ahsan Mehanti, Director at Arif Habib, said that stocks
Published 03 May, 2016 12:00am
Commission on Panama leaks: opposition demands legislation

Commission on Panama leaks: opposition demands legislation

The combined opposition on Monday remained divided over resignation of Prime Minister Nawaz Sharif but it did reiterate its demand that the terms of references (ToRs) for the proposed judicial commission must be formulated after framing necessary legislat
Published 03 May, 2016 12:00am
Commission on Panama leaks: opposition demands legislation

Commission on Panama leaks: opposition demands legislation

The combined opposition on Monday remained divided over resignation of Prime Minister Nawaz Sharif but it did reiterate its demand that the terms of references (ToRs) for the proposed judicial commission must be formulated after framing necessary legislat
Published 03 May, 2016 12:00am
Baloch nawab pummels Prime Minister's opponents

Baloch nawab pummels Prime Minister's opponents

Balochistan Chief Minister Nawab Sanaullah Zehri on Monday came down hard on political opponents of Prime Minister Nawaz, using highly strong language against them, according to a private TV channel. Terming them "barking dogs", he stated that "the dogs b
Published 03 May, 2016 12:00am
Baloch nawab pummels Prime Minister's opponents

Baloch nawab pummels Prime Minister's opponents

Balochistan Chief Minister Nawab Sanaullah Zehri on Monday came down hard on political opponents of Prime Minister Nawaz, using highly strong language against them, according to a private TV channel. Terming them "barking dogs", he stated that "the dogs b
Published 03 May, 2016 12:00am
Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace charged Monday that a massive US-EU trade deal would place corporate interests above the environment and consumer safety, as it released classified documents from the negotiations. The campaign group published 248 pages online to "shine a light
Published 03 May, 2016 12:00am
Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace charged Monday that a massive US-EU trade deal would place corporate interests above the environment and consumer safety, as it released classified documents from the negotiations. The campaign group published 248 pages online to "shine a light
Published 03 May, 2016 12:00am
Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace leaks US-EU trade papers, fears for consumers

Greenpeace charged Monday that a massive US-EU trade deal would place corporate interests above the environment and consumer safety, as it released classified documents from the negotiations. The campaign group published 248 pages online to "shine a light
Published 03 May, 2016 12:00am
Oil down three percent on Opec output hike, speculative ramp-up in Brent

Oil down three percent on Opec output hike, speculative ramp-up in Brent

Oil prices fell about 3 percent on Monday as production from the Organisation of the Petroleum Exporting Countries neared all-time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally. Opec's c
Published 03 May, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (May 02, 2016).

Published 03 May, 2016 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Monday (May 02, 2016).
Published 03 May, 2016 12:00am