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Sep 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2016-06-08
TMAP hails 'growth-oriented' budget

TMAP hails 'growth-oriented' budget

Towel Manufacturers Association of Pakistan (TMAP) welcomed growth oriented budget 2016-2017 for industrial and export sector. We Towel Manufacturers Association of Pakistan congratulated Prime Minister of Pakistan and his financial team for accepting lon
Published 08 Jun, 2016 12:00am
TMAP hails 'growth-oriented' budget

TMAP hails 'growth-oriented' budget

Towel Manufacturers Association of Pakistan (TMAP) welcomed growth oriented budget 2016-2017 for industrial and export sector. We Towel Manufacturers Association of Pakistan congratulated Prime Minister of Pakistan and his financial team for accepting lon
Published 08 Jun, 2016 12:00am
NBP launches corporate branch in Lahore

NBP launches corporate branch in Lahore

National Bank of Pakistan (NBP) launched its corporate branch in Lahore. Housed on M M Alam Road, NBP's Corporate Banking Centre is not only one of the largest banking centres of NBP, but is also the only one of its kind in Pakistan's banking industry. Th
Published 08 Jun, 2016 12:00am
Prices of daily use items skyrocket as Ramazan commences

Prices of daily use items skyrocket as Ramazan commences

As the holy month of Ramazan has commenced, the price hike ghost has come out in the shape of profiteers and hoarders who have become active to fleece customers during this mega buying month as the prices of essential commodities have skyrocketed on the v
Published 08 Jun, 2016 12:00am
Sindh budget coverage: mmedia bodies requested to apply for passes

Sindh budget coverage: mmedia bodies requested to apply for passes

Six representatives from each of the accredited electronic and three from print media organizations will be issued passes for coverage of the annual budget of Sindh 2016-17. The decision to this effect was taken by the Sindh Assembly Secretariat, said an
Published 08 Jun, 2016 12:00am
Sindh budget coverage: mmedia bodies requested to apply for passes

Sindh budget coverage: mmedia bodies requested to apply for passes

Six representatives from each of the accredited electronic and three from print media organizations will be issued passes for coverage of the annual budget of Sindh 2016-17. The decision to this effect was taken by the Sindh Assembly Secretariat, said an
Published 08 Jun, 2016 12:00am
Four companies sealed for supplying substandard bottled water

Four companies sealed for supplying substandard bottled water

Pakistan Standards and Quality Control Authority (PSQCA) on Tuesday claimed to have sealed four sub-standard bottled drinking water factories at Modal Colony in Karachi's district Malir. According to the PSQCA spokesman, the team members headed by Bashir
Published 08 Jun, 2016 12:00am
FPCCI, Dar to discuss budget anomalies

FPCCI, Dar to discuss budget anomalies

Secretary General of United Business Group (UBG) and chairman FBR committee of FPCCI, Zubair F Tufail has said that a meeting with Federal Finance Minister Ishaq Dar is expected to be held in next two days to discuss budget anomalies and get them rectifie
Published 08 Jun, 2016 12:00am
'First Hajj flight to leave on August 4'

'First Hajj flight to leave on August 4'

First Hajj flight would leave for Saudi Arabia on August 4, 2016 under Private Hajj Scheme, while the last Hajj flight would leave for Saudia Arabia on September 5. This was stated by provincial Chairman Hajj Organizers Association of Pakistan (HOPE) in a
Published 08 Jun, 2016 12:00am
'First Hajj flight to leave on August 4'

'First Hajj flight to leave on August 4'

First Hajj flight would leave for Saudi Arabia on August 4, 2016 under Private Hajj Scheme, while the last Hajj flight would leave for Saudia Arabia on September 5. This was stated by provincial Chairman Hajj Organizers Association of Pakistan (HOPE) in a
Published 08 Jun, 2016 12:00am
Sandeman hospital: SC seeks report from Balochistan CS

Sandeman hospital: SC seeks report from Balochistan CS

The Supreme Court on Tuesday sought a comprehensive report from Chief Secretary Balochistan pertaining to deteriorating medical facility provision condition in Sandeman provincial hospital Quetta. Resuming the hearing of a suo motu notice, a three-member
Published 08 Jun, 2016 12:00am
FPCCI criticises government for ignoring KP in budget

FPCCI criticises government for ignoring KP in budget

Federation of Pakistan Chambers of Commerce and Industries (FPCCI) has expressed concern over ignoring militancy-hit Khyber Pakhtunkhwa in federal fiscal budget, and demanded to announce special incentives to revive the terrorism affected economy of the p
Published 08 Jun, 2016 12:00am
Deserving students: provincial Zakat Council issues funds

Deserving students: provincial Zakat Council issues funds

The Provincial Zakat Council has issued funds of Rs 10.4 million for providing scholarships to deserving students of educational institutions and seminaries for the year 2015-16. As many as 4795 deserving students of 14 districts of the province will bene
Published 08 Jun, 2016 12:00am
ADB to provide $150 million for construction of KP roads

ADB to provide $150 million for construction of KP roads

Asian Development Bank (ADB) will extend soft loan to Khyber Pakhtunkhwa government for construction and rehabilitation of all highways in the province on international standards. Initially the Bank will provide $150 million (Rs 30 billion) for the recons
Published 08 Jun, 2016 12:00am
ADB to provide $150 million for construction of KP roads

ADB to provide $150 million for construction of KP roads

Asian Development Bank (ADB) will extend soft loan to Khyber Pakhtunkhwa government for construction and rehabilitation of all highways in the province on international standards. Initially the Bank will provide $150 million (Rs 30 billion) for the recons
Published 08 Jun, 2016 12:00am
PJBF team visits Japan

PJBF team visits Japan

A-20 member delegation of medium sized industries of Pakistan Japan Business Forum (PJBF) led by Chairman Sohail P Ahmed and Senior Vice Chairman KimihiroUshimaru, visited Japan to meet respective companies from 23rd to 28th May. Pakistan Embassy in Japan
Published 08 Jun, 2016 12:00am
Snow melting: increased water flow in rivers
Cotton

Snow melting: increased water flow in rivers

As the rising temperature has started melting snow in the hilly areas up country the water flow has increased in the four live rivers. After meeting irrigation water needs of the four provinces, the Indus River System Authority (IRSA) has also begun to fi
Published 08 Jun, 2016 12:00am
Kurram-Tangi Dam Wapda, FWO-Descon sign MoU on Construction

Kurram-Tangi Dam Wapda, FWO-Descon sign MoU on Construction

KP Governor Engr Iqbal Zafar Jhagra has said that mega development projects in this region would not only accelerate economic related activities in Fata and the province besides expediting process of economic development in tribal areas and leads to prosp
Published 08 Jun, 2016 12:00am
Hot and dry weather likely today

Hot and dry weather likely today

The Met Office on Tuesday forecast very hot and dry weather for most parts of the country in the next 24 hours. The extreme weather is likely to continue over plains in Punjab, central and southern Khyber-Pakhtunkhwa, upper Sindh, Sibbi and Makran divisio
Published 08 Jun, 2016 12:00am
Dr Asim: SHC urged to hear plea urgently

Dr Asim: SHC urged to hear plea urgently

Lawyers of Pakistan People's Party (PPP) leader Dr Asim have submitted a request in the Sindh High Court that his bail plea be heard instantly. It has been mentioned in the request that owing to the bad health of Dr Asim and his wife, the bail plea should
Published 08 Jun, 2016 12:00am
CM Punjab for ensuring quality items at fixed rates

CM Punjab for ensuring quality items at fixed rates

Punjab Chief Minister Shahbaz Sharif has directed Provincial Cabinet Committee on Price Control from London that elected representatives and provincial administrations should spare no effort for providing relief to the people in Ramazan bazaars under Rama
Published 08 Jun, 2016 12:00am
SECP, HEC launch faculty development programme for universities

SECP, HEC launch faculty development programme for universities

In collaboration with the Higher Education Commission (HEC) and the World Bank Group, the Securities and Exchange Commission of Pakistan (SECP) conducted two full-day Faculty Development Program (FDP) seminars in Karachi and Islamabad. The events hosted a
Published 08 Jun, 2016 12:00am
SECP, HEC launch faculty development programme for universities

SECP, HEC launch faculty development programme for universities

In collaboration with the Higher Education Commission (HEC) and the World Bank Group, the Securities and Exchange Commission of Pakistan (SECP) conducted two full-day Faculty Development Program (FDP) seminars in Karachi and Islamabad. The events hosted a
Published 08 Jun, 2016 12:00am
Second LNG terminal: PLTL authorised to sign LSA with successful bidder

Second LNG terminal: PLTL authorised to sign LSA with successful bidder

The Board of Directors (BoDs) of Pakistan LNG Terminals Limited (PLTL) has authorised the company to sign LNG Services Agreement (LSA) with successful bidder to set up Pakistan's second terminal with a capacity to handle 600 Million Cubic Feet per Day MMC
Published 08 Jun, 2016 12:00am
Honda organises dealers' meeting

Honda organises dealers' meeting

Honda Atlas Cars (Pakistan) Limited organised dealers sales meeting at factory, nearly, 3S dealers along with sales managers across Pakistan participated. Addressing the meeting ToichiIshiayama President and CEO of Honda Atlas Cars Pakistan Limited announ
Published 08 Jun, 2016 12:00am
Oman Air introduces new deal this summer

Oman Air introduces new deal this summer

Oman Air, the National Airline of Oman is now offering an amazing deal this summer - buy two tickets but pay for one. The booking has already commenced from June 02, and will last till June 16. Travel is valid from June 02 to July 05, 2016. Once the ticke
Published 08 Jun, 2016 12:00am
Heinous crimes: Zehri says he has full confidence in agencies, forces

Heinous crimes: Zehri says he has full confidence in agencies, forces

Balochistan Chief Minister, Nawab Sanaullah Khan Zehri has said that enemies of Pakistan wanted to damage our unity and peace by committing heinous crimes including kidnapping for ransom. He said that our intelligence agencies and security forces were cap
Published 08 Jun, 2016 12:00am
'Universities can play pivotal role in skill development'
Cotton

'Universities can play pivotal role in skill development'

Punjab Board of Investment and Trade Chairman Muzaffer Miraj Khawaja has said that the universities should come up with new innovative ideas to address the problems of the people and the county. He was taking to University of Agriculture Faisalabad (UAF)
Published 08 Jun, 2016 12:00am
Pesco reviews electricity arrangements for Ramazan

Pesco reviews electricity arrangements for Ramazan

A meeting presided over by Chief Executive Pesco, Anwar-ul-Haq Yousafzai was held at Wapda House, here to review the better electricity arrangements for Ramazan. Superintending Engineers (SEs) of Peshawar, Khyber, Bannu, Swat, Mardan and Hazara-1, Hazara-
Published 08 Jun, 2016 12:00am
Hawkes Bay Scheme 42: governor takes notice of alleged corruption

Hawkes Bay Scheme 42: governor takes notice of alleged corruption

Sindh Governor Dr Ishratul Ibad Khan has taken serious notice of inordinate delay in the Hawkes Bay Scheme 42, and asked the concerned officials to improve their performance and take steps for early allotment of plots to the allottees of this old scheme s
Published 08 Jun, 2016 12:00am
BISP warns people of fraudulent elements

BISP warns people of fraudulent elements

People must be vigilant of fraudulent elements, who are trying to sell fake survey forms of Benazir Income Support Programme (BISP). BISP has not started its resurvey yet and no survey forms are being distributed by the organisation, said Naeem Anwar, Dir
Published 08 Jun, 2016 12:00am
JS Bank gets award for supporting healthcare organisations

JS Bank gets award for supporting healthcare organisations

JS Bank won the award for support for healthcare organisations at a ceremony organised by The Professionals Network, Karachi. The award was presented for JS Bank's tremendous efforts in the field of Environment, Health & Safety. JS Bank has been recognise
Published 08 Jun, 2016 12:00am
Pakistan underscores need for boosting UN police skills

Pakistan underscores need for boosting UN police skills

Pakistan has called for enhancing UN policing capabilities and filling up the gaps in resources and training and making them better prepared for quick deployment in places around the world where the rule of law is weak. Speaking in the first-ever United N
Published 08 Jun, 2016 12:00am
Over Rs 526 billion remitted through branchless banking: SBP

Over Rs 526 billion remitted through branchless banking: SBP

State Bank of Pakistan, Multan's Chief Muhammad Ashraf Khokhar has said on Tuesday that there is dire need of expanding the banking services in Pakistan which is country of 190 million people but there are only 40 million accounts holders and of them only
Published 08 Jun, 2016 12:00am
LCCI urges revamp of taxation system

LCCI urges revamp of taxation system

The Lahore Chamber of Commerce and Industry (LCCI) on Tuesday stressed the need for revamping taxation system as it has failed to yield desired results. LCCI President Sheikh Muhammad Arshad said that economic growth could be achieved by reducing rate and
Published 08 Jun, 2016 12:00am
Punjab Assembly budget session on Monday

Punjab Assembly budget session on Monday

Punjab Assembly will hold its Punjab Budget 2016-17 session on Monday June 13,2016(4; 00 pm). Speaker Rana Muhammad Iqbal will chair the session.
Published 08 Jun, 2016 12:00am
Punjab Assembly budget session on Monday

Punjab Assembly budget session on Monday

Punjab Assembly will hold its Punjab Budget 2016-17 session on Monday June 13,2016(4; 00 pm). Speaker Rana Muhammad Iqbal will chair the session.
Published 08 Jun, 2016 12:00am
'PML-N government's budget is disappointing'

'PML-N government's budget is disappointing'

Secretary General, Jamaat-i-Islami, Liaqat Baloch, has said that the fourth budget of the Nawaz Sharif government was disappointing and had failed to provide any relief to the masses. Addressing a meeting here on Tuesday evening, he said that prices had b
Published 08 Jun, 2016 12:00am
Impact of OLMT project: DG Environment Dept to appear in court today

Impact of OLMT project: DG Environment Dept to appear in court today

The director general of the Environment Department is to appear in the court today (Wednesday) to respond to questions about the environmental impact of the Orange Line Metro Train project. Director General Javed Iqbal was supposed to appear on Tuesday be
Published 08 Jun, 2016 12:00am
Tribesmen lament increased prices of food items in Bajuar Agency

Tribesmen lament increased prices of food items in Bajuar Agency

Tribesmen from Bajuar tribal agency have complained about exorbitant increase in prices of food items with advent of holy month of Ramazan, and asked the government to take action against profiteers and hoarders. According to consumers in markets of Khar
Published 08 Jun, 2016 12:00am
'World Brain Tumour Day' today

'World Brain Tumour Day' today

Like other parts of the globe, "World Brain Tumour Day-2016" is being observed here on Wednesday (today) to raise awareness about brain tumours among general public. To mark the day, different organisations have planned activities like walks, seminars, sy
Published 08 Jun, 2016 12:00am
HESCO recovery teams disconnect 600 power connections

HESCO recovery teams disconnect 600 power connections

The operation of Hyderabad Electric Supply Company's special recovery teams continued on Tuesday. The teams disconnected 600 power connections on charge of non-payment of outstanding dues in different parts of its region. The HESCO spokesman said here on
Published 08 Jun, 2016 12:00am
PPP contests government's GDP figure of 4.71 percent

PPP contests government's GDP figure of 4.71 percent

Pakistan People's Party (PPP) Senator Saleem Mandviwalla Tuesday claimed that the government's figure of 4.71 percent Gross Domestic Product (GDP) growth is wrong and manipulated as independent organisations are reporting it to be 3.1 percent. Chairman of
Published 08 Jun, 2016 12:00am
Specialist doctors: 'CPSP making efforts to meet requirements'

Specialist doctors: 'CPSP making efforts to meet requirements'

The College of Physicians & Surgeons Pakistan (CPSP) is making utmost efforts to meet the requirements of specialist doctors in the country, CPSP President Professor Zafarullah Chaudhry said this while speaking at the annual general body meeting of CPSP f
Published 08 Jun, 2016 12:00am
Terrorist held in Kohat

Terrorist held in Kohat

Counter Terrorism Department (CTD) has arrested a terrorist following a raid here in Kohat on Tuesday. According to spokesperson, CTD personnel carried out a search operation in Kohat and arrested a wanted terrorist identified as Gulab Sher.
Published 08 Jun, 2016 12:00am
Transmission system termed major reason behind load-shedding'

Transmission system termed major reason behind load-shedding'

Federal Minister for Science and Technology Rana Tanveer Hussain has said that load-shedding will continue in the country due to obsolete transmission system. This he stated during briefing to the Senate Standing Committee on Science and Technology here o
Published 08 Jun, 2016 12:00am
SSP Operations visits Margalla Hills to curb stone-crushing activities

SSP Operations visits Margalla Hills to curb stone-crushing activities

Following the directives of the Supreme Court, Senior Superintended of Police (SSP) Operations on Tuesday visited the Margalla Hills to bar stone crushing in the Islamabad Capital Territory (ICT). The Supreme Court on June 3 had directed Inspector General
Published 08 Jun, 2016 12:00am
Ahsan inaugurates 'CPEC Cell' at FCCI

Ahsan inaugurates 'CPEC Cell' at FCCI

First China-Pakistan Economic Corridor (CPEC) Cell has been created in Research and Development (R&D) Department of Faisalabad Chamber of Commerce and Industry (FCCI) to provide basic information about CPEC in addition to help local businessmen to have di
Published 08 Jun, 2016 12:00am
'Looking back at the Cultural Revolution'

'Looking back at the Cultural Revolution'

This is apropos a Business Recorder op-ed "Looking back at the Cultural Revolution" carried by the newspaper yesterday. The writer, Rashed Rahman, has presented a profound argument with regard to the Cultural Revolution or China under Chairman Mao.
Published 08 Jun, 2016 12:00am
Drones emerge from shadows to become key cog in US war machine

Drones emerge from shadows to become key cog in US war machine

When the US drones obliterated a car carrying Taliban leader Mullah Akhtar Mansour last month, it was the kind of targeted killing that unmanned aircraft are best known for. But 15 years after a drone first fired missiles in combat, the US military's dron
Published 08 Jun, 2016 12:00am
Budget 2016-17: The accountant's tool box is empty

Budget 2016-17: The accountant's tool box is empty

The Accountant's body language spoke louder than his budget speech. The accent was on frivolity as he pleaded for applause from the opposition and treasury benches alike. The budget contents were no less frivolous. There was not really much, except to say
Published 08 Jun, 2016 12:00am
The reality behind the budgetary façade
Currency

The reality behind the budgetary façade

Social Policy and Development Centre (SPDC), a policy research think tank has refuted a number of official claims about the outgoing year as well as some of the projections for the next year. The most significant of its estimates is with regard to the GDP
Published 08 Jun, 2016 12:00am
'Incomplete justice'

'Incomplete justice'

In the latest development concerning the 2002 anti-Muslim pogrom in the Indian state of Gujarat on the watch of the then chief minister Narendra Modi, a special court convicted 24 persons, 11 for murder and 13 rioting. More than 1000 people, almost all of
Published 08 Jun, 2016 12:00am
Negating the spirit of NFC award

Negating the spirit of NFC award

Soon after the signing of the 7th National Finance Commission (NFC) Award, a section within the federal government began to voice misgivings about the vertical distribution of resources (57.5 percent to the provinces and the rest to the federal government
Published 08 Jun, 2016 12:00am
Bilawal rejects 'one unit budget for 'Punjabistan'

Bilawal rejects 'one unit budget for 'Punjabistan'

Pakistan People's Party (PPP) Chairman Bilawal Bhutto Zardari has claimed that the federal budget has been designed to disintegrate the federation. "We reject one unit budget for Punjabistan," he stated in a message posted on Twitter, signalling that the
Published 08 Jun, 2016 12:00am
Banks/DFIs advised to submit returns through DAP

Banks/DFIs advised to submit returns through DAP

In order to bring efficiency and accuracy in the returns and reports submission process, the State Bank of Pakistan (SBP) on Tuesday advised banks/DFIs to submit reports including exposure to stock market, board meeting minutes and rescheduling of loans,
Published 08 Jun, 2016 12:00am
Banks/DFIs advised to submit returns through DAP

Banks/DFIs advised to submit returns through DAP

In order to bring efficiency and accuracy in the returns and reports submission process, the State Bank of Pakistan (SBP) on Tuesday advised banks/DFIs to submit reports including exposure to stock market, board meeting minutes and rescheduling of loans,
Published 08 Jun, 2016 12:00am
Banks/DFIs advised to submit returns through DAP

Banks/DFIs advised to submit returns through DAP

In order to bring efficiency and accuracy in the returns and reports submission process, the State Bank of Pakistan (SBP) on Tuesday advised banks/DFIs to submit reports including exposure to stock market, board meeting minutes and rescheduling of loans,
Published 08 Jun, 2016 12:00am
Revenue generation through auction: PTA wasn''t Consulted

Revenue generation through auction: PTA wasn''t Consulted

The government has budgeted Rs 75 billion through the auction for 4G spectrum for 2016-17 under the head of non-tax revenue without consulting the Pakistan Telecommunication Authority (PTA), it is learnt. The government has yet to complete the Next Genera
Published 08 Jun, 2016 12:00am
Revenue generation through auction: PTA wasn't Consulted

Revenue generation through auction: PTA wasn't Consulted

The government has budgeted Rs 75 billion through the auction for 4G spectrum for 2016-17 under the head of non-tax revenue without consulting the Pakistan Telecommunication Authority (PTA), it is learnt. The government has yet to complete the Next Genera
Published 08 Jun, 2016 12:00am
Revenue generation through auction: PTA wasn't Consulted

Revenue generation through auction: PTA wasn't Consulted

The government has budgeted Rs 75 billion through the auction for 4G spectrum for 2016-17 under the head of non-tax revenue without consulting the Pakistan Telecommunication Authority (PTA), it is learnt. The government has yet to complete the Next Genera
Published 08 Jun, 2016 12:00am
Obama, Modi vow cooperation on nuclear power

Obama, Modi vow cooperation on nuclear power

Barack Obama and Narendra Modi vowed co-operation between the United States and India on nuclear power and climate change during a meeting at the White House Tuesday. Offering Modi a warm embrace, Obama said it was his "great pleasure to welcome back my f
Published 08 Jun, 2016 12:00am
Obama, Modi vow cooperation on nuclear power

Obama, Modi vow cooperation on nuclear power

Barack Obama and Narendra Modi vowed co-operation between the United States and India on nuclear power and climate change during a meeting at the White House Tuesday. Offering Modi a warm embrace, Obama said it was his "great pleasure to welcome back my f
Published 08 Jun, 2016 12:00am
One percent of world''s population holds almost half its wealth: report

One percent of world''s population holds almost half its wealth: report

Just one percent of the world''s population can call themselves millionaires or richer. But together they hold almost half the world''s wealth, and their share is growing, according to a new study released Tuesday. Some 18.5 million households around the
Published 08 Jun, 2016 12:00am
The Weather

The Weather

The weather report on Tuesday (June 07, 2016) and the forecast for Wednesday (June 08, 2016).

Published 08 Jun, 2016 12:00am
One percent of world's population holds almost half its wealth: report

One percent of world's population holds almost half its wealth: report

Just one percent of the world's population can call themselves millionaires or richer. But together they hold almost half the world's wealth, and their share is growing, according to a new study released Tuesday. Some 18.5 million households around the wo
Published 08 Jun, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (June 07, 2016).

Published 08 Jun, 2016 12:00am
One percent of world's population holds almost half its wealth: report

One percent of world's population holds almost half its wealth: report

Just one percent of the world's population can call themselves millionaires or richer. But together they hold almost half the world's wealth, and their share is growing, according to a new study released Tuesday. Some 18.5 million households around the wo
Published 08 Jun, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (June 07, 2016).

Published 08 Jun, 2016 12:00am
Sindh government not interested in PSM

Sindh government not interested in PSM

The Sindh Government is reportedly not interested in acquiring the non-operational Pakistan Steel Mills (PSM) until federal government offers financial incentives, well informed sources told Business Recorder. The federal government, in its last le
Published 08 Jun, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (June 07, 2016).

Published 08 Jun, 2016 12:00am
Sindh government not interested in PSM

Sindh government not interested in PSM

The Sindh Government is reportedly not interested in acquiring the non-operational Pakistan Steel Mills (PSM) until federal government offers financial incentives, well informed sources told Business Recorder. The federal government, in its last le
Published 08 Jun, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (June 07, 2016)

Published 08 Jun, 2016 12:00am
Sindh government not interested in PSM

Sindh government not interested in PSM

The Sindh Government is reportedly not interested in acquiring the non-operational Pakistan Steel Mills (PSM) until federal government offers financial incentives, well informed sources told Business Recorder. The federal government, in its last le
Published 08 Jun, 2016 12:00am
Ladhani appointed new SRB chairman

Ladhani appointed new SRB chairman

Misri Ladhani, a retired officer of the Income Tax Group, has been appointed as the new chairman of Sindh Revenue Board (SRB). The post of SRB chief had fallen vacant following the death of Tashfeen Khalid Niaz on Thursday.
Published 08 Jun, 2016 12:00am
Ladhani appointed new SRB chairman

Ladhani appointed new SRB chairman

Misri Ladhani, a retired officer of the Income Tax Group, has been appointed as the new chairman of Sindh Revenue Board (SRB). The post of SRB chief had fallen vacant following the death of Tashfeen Khalid Niaz on Thursday.
Published 08 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 07, 2016).

Published 08 Jun, 2016 12:00am
Ladhani appointed new SRB chairman

Ladhani appointed new SRB chairman

Misri Ladhani, a retired officer of the Income Tax Group, has been appointed as the new chairman of Sindh Revenue Board (SRB). The post of SRB chief had fallen vacant following the death of Tashfeen Khalid Niaz on Thursday.
Published 08 Jun, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (June 07, 2016).

Published 08 Jun, 2016 12:00am
Sri Lanka to recognise thousands of war missing as dead

Sri Lanka to recognise thousands of war missing as dead

Sri Lanka Tuesday announced a landmark law to recognise as dead an estimated 65,000 people still missing seven years after the end of a bitter civil war, allowing relatives to claim inheritances. Ministers approved a draft bill to issue "certificates of a
Published 08 Jun, 2016 12:00am
EU court rules illegal migrants cannot be jailed

EU court rules illegal migrants cannot be jailed

EU countries cannot jail illegal migrants just for crossing borders inside the passport-free Schengen area, the bloc's top court ruled Tuesday, in a new blow to efforts to tackle the migration crisis. The European Court of Justice (ECJ) said European Unio
Published 08 Jun, 2016 12:00am
Journalist walking with grandson shot dead in Guatemala

Journalist walking with grandson shot dead in Guatemala

A television journalist walking with his grandson in a city street in east Guatemala was shot dead on Tuesday, a colleague on his cable network told AFP. Victor Valdez, a 65-year-old Guatemalan journalist who led a cultural program on the Guatevision netw
Published 08 Jun, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee held the present levels against the dollar on the money market on Tuesday in the process of trading, dealer said. The rupee moved slightly in terms of the dollar for buying and selling at Rs 104.65 and Rs 104.67 respectively, dealer said.
Published 08 Jun, 2016 12:00am
Punjab government sets up 318 Sastay Ramazan bazaars

Punjab government sets up 318 Sastay Ramazan bazaars

The Punjab government has set up 318 Sastay Ramazan bazaars to provide quality edible items to the people at cheaper rates in the province. It has also deployed 756 price control magistrates to ensure prices and quality of items. It may be added that the
Published 08 Jun, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee held the present levels against the dollar on the money market on Tuesday in the process of trading, dealer said. The rupee moved slightly in terms of the dollar for buying and selling at Rs 104.65 and Rs 104.67 respectively, dealer said.
Published 08 Jun, 2016 12:00am
BRIndex30 sheds 76.39 points

BRIndex30 sheds 76.39 points

On Tuesday, BRIndex30 opened at 22,845.28 points. It touched an intraday high of 22,993.30 points and an intraday low of 22,750.04 points and closed at 22,768.89 points which was -76.39 points or -0.33 percent lower than previous close. Total volume was 1
Published 08 Jun, 2016 12:00am
BRIndex30 sheds 76.39 points

BRIndex30 sheds 76.39 points

On Tuesday, BRIndex30 opened at 22,845.28 points. It touched an intraday high of 22,993.30 points and an intraday low of 22,750.04 points and closed at 22,768.89 points which was -76.39 points or -0.33 percent lower than previous close. Total volume was 1
Published 08 Jun, 2016 12:00am
Stocks move up in dull trade

Stocks move up in dull trade

Stocks managed to settle in the green at record 37,392 points amid lackluster trade on the first day of Ramazan. Showing volatility in the intraday trade, the benchmark KSE-100 index added 40 points to 37,352 of Friday last week. "Volatility prevailed as
Published 08 Jun, 2016 12:00am
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