News Archives for Print - 2016-06-07

A retrogressive step

What the Turkish President Recep Tayyip Erdogan said about family planning in Istanbul on 30th May, 2016, would certainly be a matter of concern for Muslim countries which are already overpopulated and adopting strategies to control high population growth

Published 07 Jun, 2016 12:00am

Rising level of NPLs

The rising level of Non-Performing Loans (NPLs) of banking sector, if not checked in time, could pose a threat to the solvency of the financial institutions in any country. According to the latest data released by the State Bank, overall NPLs of the finan

Published 07 Jun, 2016 12:00am

Prime Minister discharged from hospital

Prime Minister Nawaz Sharif was discharged from hospital on Monday after a week-long stay following his open heart surgery, according to Aaj News. The wife of Prime Minister Kulsoom Nawaz and his two sons Hassan Nawaz and Hussain Nawaz accompanied him on

Published 07 Jun, 2016 12:00am

Prime Minister discharged from hospital

Prime Minister Nawaz Sharif was discharged from hospital on Monday after a week-long stay following his open heart surgery, according to Aaj News. The wife of Prime Minister Kulsoom Nawaz and his two sons Hassan Nawaz and Hussain Nawaz accompanied him on

Published 07 Jun, 2016 12:00am

Death penalty sought for 24 Indian Hindus over massacre

Indian prosecutors sought the death penalty on Monday for 24 Hindus convicted over a massacre during religious riots in 2002 when Prime Minister Narendra Modi was chief minister of the state where it happened. Judge P.B Desai heard submissions from the pr

Published 07 Jun, 2016 12:00am

Death penalty sought for 24 Indian Hindus over massacre

Indian prosecutors sought the death penalty on Monday for 24 Hindus convicted over a massacre during religious riots in 2002 when Prime Minister Narendra Modi was chief minister of the state where it happened. Judge P.B Desai heard submissions from the pr

Published 07 Jun, 2016 12:00am

No price hike allowed under any pretext: Dar tells chief ministers

Finance Minister Senator Ishaq Dar here on Monday addressed letters to all the Chief ministers'', calling upon them to take steps to ensure that prices of various commodities remain stable in the month of Ramazan and that no price hike is allowed under an

Published 07 Jun, 2016 12:00am

No price hike allowed under any pretext: Dar tells chief ministers

Finance Minister Senator Ishaq Dar here on Monday addressed letters to all the Chief ministers', calling upon them to take steps to ensure that prices of various commodities remain stable in the month of Ramazan and that no price hike is allowed under any

Published 07 Jun, 2016 12:00am

No price hike allowed under any pretext: Dar tells chief ministers

Finance Minister Senator Ishaq Dar here on Monday addressed letters to all the Chief ministers', calling upon them to take steps to ensure that prices of various commodities remain stable in the month of Ramazan and that no price hike is allowed under any

Published 07 Jun, 2016 12:00am

USF transferred back to Public Account

The Universal Service Fund (USF) levied at the rate of 1.5 percent of the revenue of telecom operators has been recently transferred back from commercial account to Public Account of Federation, it is learnt. Official sources revealed that earlier funds u

Published 07 Jun, 2016 12:00am

USF transferred back to Public Account

The Universal Service Fund (USF) levied at the rate of 1.5 percent of the revenue of telecom operators has been recently transferred back from commercial account to Public Account of Federation, it is learnt. Official sources revealed that earlier funds u

Published 07 Jun, 2016 12:00am

USF transferred back to Public Account

The Universal Service Fund (USF) levied at the rate of 1.5 percent of the revenue of telecom operators has been recently transferred back from commercial account to Public Account of Federation, it is learnt. Official sources revealed that earlier funds u

Published 07 Jun, 2016 12:00am

Tax net expanded to increase revenue: Dar

Minister for Finance Senator Ishaq Dar Sunday said the federal government had broadened tax net with an aim to collect tax from every citizen of the country. The government had announced massive relief for agriculture sector in the fiscal budget 2016-17 w

Published 07 Jun, 2016 12:00am

Tax net expanded to increase revenue: Dar

Minister for Finance Senator Ishaq Dar Sunday said the federal government had broadened tax net with an aim to collect tax from every citizen of the country. The government had announced massive relief for agriculture sector in the fiscal budget 2016-17 w

Published 07 Jun, 2016 12:00am

Tax net expanded to increase revenue: Dar

Minister for Finance Senator Ishaq Dar Sunday said the federal government had broadened tax net with an aim to collect tax from every citizen of the country. The government had announced massive relief for agriculture sector in the fiscal budget 2016-17 w

Published 07 Jun, 2016 12:00am

US journalist, translator killed in Afghanistan

A veteran American photojournalist and a translator working for NPR were killed while accompanying Afghan troops in southern Afghanistan on Sunday, NPR and military officials said. NPR's David Gilkey and Afghan translator Zabihullah Tamanna were in an Afg

Published 07 Jun, 2016 12:00am

The Weather

The weather report on Monday (June 06, 2016) and the forecast for Tuesday (June 07, 2016).

Published 07 Jun, 2016 12:00am

US journalist, translator killed in Afghanistan

A veteran American photojournalist and a translator working for NPR were killed while accompanying Afghan troops in southern Afghanistan on Sunday, NPR and military officials said. NPR's David Gilkey and Afghan translator Zabihullah Tamanna were in an Afg

Published 07 Jun, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Condolence

Senior journalist, well known writer, and author of many books Naeem Ullah Malik passed away here on Monday due to cardiac attack. Punjab Chief Minister Shahbaz Sharif has expressed deep sense of sorrow and grief over the death of Naeem Ullah Malik, senio

Published 07 Jun, 2016 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Children's Hospital Bone marrow transplant centre to be functional soon

On the directions of Chief Minister Punjab Muhammad Shahbaz Sharif, 'Bone Marrow Transplant Center' (BMTC) at Children Hospital is being set up which will be completed soon and it is hoped that Chief Minister would himself inaugurate the center in August

Published 07 Jun, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 07 Jun, 2016 12:00am

It's directionless budget: Khursheed

Leader of Opposition in the National Assembly Syed Khursheed Ahmed Shah has termed Budget-2016-17 directionless and said that the government could not overcome the load-shedding by end 2018 as it could not timely complete the energy projects. The Oppositi

Published 07 Jun, 2016 12:00am

LME official prices

The following were Friday official prices.

Published 07 Jun, 2016 12:00am

Everyday should be Environment Day: Coca Cola GM

'The world's environment is going through an unprecedented and cataclysmic degradation which spells disaster for this planet and our future generations, and every single day of the year and not just the fifth of June should be considered as the World Envi

Published 07 Jun, 2016 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

PTI wants free, fair accountability: Sarwar

The Pakistan Tehreek-i-Insaf in the Punjab has said the governing party has no option except for free and fair accountability. The party leader, who was a former Punjab governor, Chaudhry Muhammad Sarwar, addressing a convention in a hotel in Lahore on Mo

Published 07 Jun, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

KMC deputes 650 traffic wardens on 92 locations

KMC Administrator Laeeq Ahmed said city wardens had been deputed in the metropolis on various locations to help traffic police in controlling traffic during Ramazan. He expressed these views while giving directive for deployment of city wardens in the cit

Published 07 Jun, 2016 12:00am

Yarn Prices

Karachi Yarn Market Rate

Karachi Yarn Market Rates on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Anti-hoarding petition: Punjab government told to reply by June 21

The Punjab government is told to file a response by June 21 in connection with a petition against rising prices during Ramadan. The Chairman of the Judicial Activism Panel, Muhammad Azhar Siddique, who has forwarded the petition, argues the prices of dail

Published 07 Jun, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

MD KW&SB Misbahuddin Farid resigns

Managing Director of Karachi Water and Sewerage Board Misbahuddin Farid resigned from his post on Monday. The KW&SB's MD cited health reasons in his resignation letter. He clarified in a statement, that he was ailing that made hi to quit. The MQM's suppor

Published 07 Jun, 2016 12:00am

Yarn Prices

Faisalabad yarn and fibre prices

Cotton yarn rates in rupees per 10 Lbs on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

PAAPAM chief deprived of cell phone, wrist-watch in Karachi

Chairman PAAPAM Mumshad Ali was reportedly deprived of his cell phone and wrist watch at gun point in broad-day light near NIPA Chowrangi, Karachi, on Monday. Last month Arshad Amin Awan, Member Managing Committee PAAPAM, was reportedly deprived of his ce

Published 07 Jun, 2016 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (June 06, 2016)

Published 07 Jun, 2016 12:00am

BRIndex30 up 165.31 points

On Monday, BRIndex30 opened at 22,679.97 points. It touched an intraday high of 22,959.67 points and an intraday low of 22,670.50 points and closed at 22,845.28 points which was 165.31 points or 0.73 percent higher than previous close. Total volume was 14

Published 07 Jun, 2016 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

BRIndex30 up 165.31 points

On Monday, BRIndex30 opened at 22,679.97 points. It touched an intraday high of 22,959.67 points and an intraday low of 22,670.50 points and closed at 22,845.28 points which was 165.31 points or 0.73 percent higher than previous close. Total volume was 14

Published 07 Jun, 2016 12:00am

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Record-breaking bullish close

The shares market on Monday found a long-awaited trigger in the face of the government''s budgetary incentives that helped fertiliser and textile stocks lead the day''s rally. Still volatile, benchmark KSE-100 index increased by 129 points to a record hig

Published 07 Jun, 2016 12:00am

Cotton

Grain market rates

Karachi grain market rates in rupees on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Record-breaking bullish close

The shares market on Monday found a long-awaited trigger in the face of the government's budgetary incentives that helped fertiliser and textile stocks lead the day's rally. Still volatile, benchmark KSE-100 index increased by 129 points to a record high

Published 07 Jun, 2016 12:00am

Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Record-breaking bullish close

The shares market on Monday found a long-awaited trigger in the face of the government's budgetary incentives that helped fertiliser and textile stocks lead the day's rally. Still volatile, benchmark KSE-100 index increased by 129 points to a record high

Published 07 Jun, 2016 12:00am

Pakistan Economic Indicators

Pakistan Economic Indicators - June 6, 2016.

Published 07 Jun, 2016 12:00am

Ist Ramazan today

Ramazan-ul-Mubarak moon sighted on Monday; hence the first Ramazan will fall on Tuesday (today). This was announced by Chairman, Central Ruet-e-Hilal Committee Mufti Munibur Rehman. The meeting for moon sighting of Central Ruet-e-Hilal Committee was held

Published 07 Jun, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 27th May, 2016.

Published 07 Jun, 2016 12:00am

Ist Ramazan today

Ramazan-ul-Mubarak moon sighted on Monday; hence the first Ramazan will fall on Tuesday (today). This was announced by Chairman, Central Ruet-e-Hilal Committee Mufti Munibur Rehman. The meeting for moon sighting of Central Ruet-e-Hilal Committee was held

Published 07 Jun, 2016 12:00am

State Bank statement of affairs

The statement of affairs of the State Bank of Pakistan, Banking Department, as on 27th May, 2016.

Published 07 Jun, 2016 12:00am

Some countries are inimical to CPEC: Nisar

Interior Minister Chaudhry Nisar Ali Khan said on Monday that the government has decided not to grant consular access to Indian spy agency Research and Analysis Wing''''s (RAW) agent Kulbhushan Yadav who was detained by Pakistan''''s premier intelligence

Published 07 Jun, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Some countries are inimical to CPEC: Nisar

Interior Minister Chaudhry Nisar Ali Khan said on Monday that the government has decided not to grant consular access to Indian spy agency Research and Analysis Wing''s (RAW) agent Kulbhushan Yadav who was detained by Pakistan''s premier intelligence agen

Published 07 Jun, 2016 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Some countries are inimical to CPEC: Nisar

Interior Minister Chaudhry Nisar Ali Khan said on Monday that the government has decided not to grant consular access to Indian spy agency Research and Analysis Wing's (RAW) agent Kulbhushan Yadav who was detained by Pakistan's premier intelligence agency

Published 07 Jun, 2016 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Some countries are inimical to CPEC: Nisar

Interior Minister Chaudhry Nisar Ali Khan said on Monday that the government has decided not to grant consular access to Indian spy agency Research and Analysis Wing's (RAW) agent Kulbhushan Yadav who was detained by Pakistan's premier intelligence agency

Published 07 Jun, 2016 12:00am

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Government shareholding in MPCL: Divestment approved by CCoP

The Cabinet Committee on Privatisation (CCoP) has approved divestment of GoP''s shareholding in Mari Petroleum Company Limited (MPCL) either through incumbent Joint Venture or stock market. The sources said MPCL was incorporated in 1984. The current compo

Published 07 Jun, 2016 12:00am

Currency

THE RUPEE: stable trend

Firmness prevailed on the money market on Monday as the rupee managed to recover some ground against the dollar in the process of trading, dealer said. The rupee almost held the week-end levels in terms of the dollar for buying and selling at Rs 104.64 an

Published 07 Jun, 2016 12:00am

Government shareholding in MPCL: Divestment approved by CCoP

The Cabinet Committee on Privatisation (CCoP) has approved divestment of GoP's shareholding in Mari Petroleum Company Limited (MPCL) either through incumbent Joint Venture or stock market. The sources said MPCL was incorporated in 1984. The current compos

Published 07 Jun, 2016 12:00am

Currency

THE RUPEE: stable trend

Firmness prevailed on the money market on Monday as the rupee managed to recover some ground against the dollar in the process of trading, dealer said. The rupee almost held the week-end levels in terms of the dollar for buying and selling at Rs 104.64 an

Published 07 Jun, 2016 12:00am

Government shareholding in MPCL: Divestment approved by CCoP

The Cabinet Committee on Privatisation (CCoP) has approved divestment of GoP's shareholding in Mari Petroleum Company Limited (MPCL) either through incumbent Joint Venture or stock market. The sources said MPCL was incorporated in 1984. The current compos

Published 07 Jun, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Provinces asked to impose lower ST rate on services

The Federal Board of Revenue (FBR) has asked the provinces to impose a lower rate of sales tax on services as the provinces are already getting major chunk of revenue from Federal Divisible Pool. This was stated by FBR Member Inland Revenue Policy Rehmatu

Published 07 Jun, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Provinces asked to impose lower ST rate on services

The Federal Board of Revenue (FBR) has asked the provinces to impose a lower rate of sales tax on services as the provinces are already getting major chunk of revenue from Federal Divisible Pool. This was stated by FBR Member Inland Revenue Policy Rehmatu

Published 07 Jun, 2016 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Provinces asked to impose lower ST rate on services

The Federal Board of Revenue (FBR) has asked the provinces to impose a lower rate of sales tax on services as the provinces are already getting major chunk of revenue from Federal Divisible Pool. This was stated by FBR Member Inland Revenue Policy Rehmatu

Published 07 Jun, 2016 12:00am

Currency

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Monday (June 06, 2016).

Published 07 Jun, 2016 12:00am

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	142.19
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
Nasdaq / Sep 19	18,013.98
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38
France CAC40 / Sep 19	7,615.41
India Sensex / Sep 20	83,711.40
Tokyo Nikkei / Sep 20	37,879.54

Item	Value
Gold 10 Grams PKR / Sep 19	230,195
Petrol/Litre / Sep 20	249.10
Crude Oil USD/Barrel / Sep 20	71.80
Karachi Cotton PKR/37.32 KG / Sep 20	18,935
Gold Spot USD/Ounce / Sep 20	2,599.47
Diesel/Litre / Sep 20	249.69

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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