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Print - 2016-09-10
'I got no loan written off,' Tareen tells National Assembly

'I got no loan written off,' Tareen tells National Assembly

Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Khan Tareen said that the reference filed against him was unfair and he was being victimised as his business interests clash with the Prime Minister's. While speaking on the floor of the National Assembly on
Published 10 Sep, 2016 12:00am
Pay cut for Tunisia ministers

Pay cut for Tunisia ministers

Tunisia's new prime minister, Youssef Chahed, has cut the pay packets of his ministers in a show of "solidarity" at a time of economic hardship, the government announced Friday. The lowering of "bonuses and privileges" amounts to a cut of around 1,000 din
Published 10 Sep, 2016 12:00am
Pay cut for Tunisia ministers

Pay cut for Tunisia ministers

Tunisia's new prime minister, Youssef Chahed, has cut the pay packets of his ministers in a show of "solidarity" at a time of economic hardship, the government announced Friday. The lowering of "bonuses and privileges" amounts to a cut of around 1,000 din
Published 10 Sep, 2016 12:00am
PSMA condemns USC statement

PSMA condemns USC statement

Pakistan Sugar Mills Association has strongly condemned malicious statement of Utility Stores Corporation (USC) and their approaching Competition Commission of Pakistan (CCP) against our members for non-cooperation and alleged cartelization. Spokesman of
Published 10 Sep, 2016 12:00am
PSMA condemns USC statement

PSMA condemns USC statement

Pakistan Sugar Mills Association has strongly condemned malicious statement of Utility Stores Corporation (USC) and their approaching Competition Commission of Pakistan (CCP) against our members for non-cooperation and alleged cartelization. Spokesman of
Published 10 Sep, 2016 12:00am
PSMA condemns USC statement

PSMA condemns USC statement

Pakistan Sugar Mills Association has strongly condemned malicious statement of Utility Stores Corporation (USC) and their approaching Competition Commission of Pakistan (CCP) against our members for non-cooperation and alleged cartelization. Spokesman of
Published 10 Sep, 2016 12:00am
The Weather

The Weather

The weather report on Friday (September 09, 2016) and the forecast for Saturday (September 10, 2016).

Published 10 Sep, 2016 12:00am
Punjab MPA pays only Rs 920 tax

Punjab MPA pays only Rs 920 tax

Member Provincial Assembly from Punjab Malik Muhammad Javed Iqbal Awan paid tax of Rs 920 during tax year 2015, according to the Tax Directory issued here on Friday. The tax directory of Parliamentarians disclosed names of taxpayers, who paid tax below Rs
Published 10 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Village electrification criteria softened

Village electrification criteria softened

The government has relaxed village electrification criteria of the Water and Power Ministry to allow four compact houses within an area of 400 feet, official sources told Business Recorder. The global community has adopted Sustainable Development G
Published 10 Sep, 2016 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Village electrification criteria softened

Village electrification criteria softened

The government has relaxed village electrification criteria of the Water and Power Ministry to allow four compact houses within an area of 400 feet, official sources told Business Recorder. The global community has adopted Sustainable Development G
Published 10 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Sep, 2016 12:00am
Village electrification criteria softened

Village electrification criteria softened

The government has relaxed village electrification criteria of the Water and Power Ministry to allow four compact houses within an area of 400 feet, official sources told Business Recorder. The global community has adopted Sustainable Development G
Published 10 Sep, 2016 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 10 Sep, 2016 12:00am
Diamer-Bhasha Dam: acquisition of land approved by Cabinet

Diamer-Bhasha Dam: acquisition of land approved by Cabinet

The federal Cabinet on Friday approved the acquisition of land for Diamer-Bhasha Dam and compensation rates of barren land Chilas and deferred export growth strategy to the next meeting. A meeting of the Cabinet chaired by Prime Minister Nawaz Sharif gave
Published 10 Sep, 2016 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Diamer-Bhasha Dam: acquisition of land approved by Cabinet

Diamer-Bhasha Dam: acquisition of land approved by Cabinet

The federal Cabinet on Friday approved the acquisition of land for Diamer-Bhasha Dam and compensation rates of barren land Chilas and deferred export growth strategy to the next meeting. A meeting of the Cabinet chaired by Prime Minister Nawaz Sharif gave
Published 10 Sep, 2016 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (September 09, 2016)

Published 10 Sep, 2016 12:00am
Diamer-Bhasha Dam: acquisition of land approved by Cabinet

Diamer-Bhasha Dam: acquisition of land approved by Cabinet

The federal Cabinet on Friday approved the acquisition of land for Diamer-Bhasha Dam and compensation rates of barren land Chilas and deferred export growth strategy to the next meeting. A meeting of the Cabinet chaired by Prime Minister Nawaz Sharif gave
Published 10 Sep, 2016 12:00am
Amendments to lapsed law: government faces huge embarrassment

Amendments to lapsed law: government faces huge embarrassment

The government had to face a huge embarrassment in the Senate on Friday when it introduced a bill in the House, proposing amendments in Protection of Pakistan Act (PoPA), 2014. The government tabled Criminal Laws (Amendment) Act, 2016 in the House that pr
Published 10 Sep, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Amendments to lapsed law: government faces huge embarrassment

Amendments to lapsed law: government faces huge embarrassment

The government had to face a huge embarrassment in the Senate on Friday when it introduced a bill in the House, proposing amendments in Protection of Pakistan Act (PoPA), 2014. The government tabled Criminal Laws (Amendment) Act, 2016 in the House that pr
Published 10 Sep, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
North Korea's largest nuclear test draws condemnation

North Korea's largest nuclear test draws condemnation

North Korea conducted its fifth and biggest nuclear test on Friday and said it had mastered the ability to mount a warhead on a ballistic missile, ratcheting up a threat that its rivals and the United Nations have been powerless to contain. The blast, on
Published 10 Sep, 2016 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
North Korea's largest nuclear test draws condemnation

North Korea's largest nuclear test draws condemnation

North Korea conducted its fifth and biggest nuclear test on Friday and said it had mastered the ability to mount a warhead on a ballistic missile, ratcheting up a threat that its rivals and the United Nations have been powerless to contain. The blast, on
Published 10 Sep, 2016 12:00am
BRIndex30 gains 122.62 points

BRIndex30 gains 122.62 points

On Friday, BRIndex30 opened at 23,223.95 points and remained positive throughout the trading session. It touched an intraday high of 23,463.56 and an intraday low of 23,225.48 points and closed at 23,346.57 points which was 122.62 points or 0.53 percent h
Published 10 Sep, 2016 12:00am
BRIndex30 gains 122.62 points

BRIndex30 gains 122.62 points

On Friday, BRIndex30 opened at 23,223.95 points and remained positive throughout the trading session. It touched an intraday high of 23,463.56 and an intraday low of 23,225.48 points and closed at 23,346.57 points which was 122.62 points or 0.53 percent h
Published 10 Sep, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to sustain firmness against the dollar on the money market on Friday in the process of trading, dealers said. The rupee gained three paisas against the dollar for buying and selling at Rs 104.35 and 104.37 respectively, dealer said.
Published 10 Sep, 2016 12:00am
Another all-time high
Cotton

Another all-time high

Pakistan Stock Exchange (PSX), on last trading session before the long weekend, ended higher and the index surged to another all time high level on strong earnings outlook. The benchmark KSE-100 index gained another 203 points to close at 40,340 points on
Published 10 Sep, 2016 12:00am
THE RUPEE: firm trend
Currency

THE RUPEE: firm trend

The rupee managed to sustain firmness against the dollar on the money market on Friday in the process of trading, dealers said. The rupee gained three paisas against the dollar for buying and selling at Rs 104.35 and 104.37 respectively, dealer said.
Published 10 Sep, 2016 12:00am
Another all-time high
Cotton

Another all-time high

Pakistan Stock Exchange (PSX), on last trading session before the long weekend, ended higher and the index surged to another all time high level on strong earnings outlook. The benchmark KSE-100 index gained another 203 points to close at 40,340 points on
Published 10 Sep, 2016 12:00am
Another all-time high
Cotton

Another all-time high

Pakistan Stock Exchange (PSX), on last trading session before the long weekend, ended higher and the index surged to another all time high level on strong earnings outlook. The benchmark KSE-100 index gained another 203 points to close at 40,340 points on
Published 10 Sep, 2016 12:00am
Southern nations gear up for EU future showdown

Southern nations gear up for EU future showdown

Southern EU leaders on Friday called for revised asylum rules to fight the ongoing migration crisis, and appealed for unity ahead of a showdown on the post-Brexit future of the bloc. A joint declaration signed by France, Italy, Spain, Portugal, Cyprus, Ma
Published 10 Sep, 2016 12:00am
Southern nations gear up for EU future showdown

Southern nations gear up for EU future showdown

Southern EU leaders on Friday called for revised asylum rules to fight the ongoing migration crisis, and appealed for unity ahead of a showdown on the post-Brexit future of the bloc. A joint declaration signed by France, Italy, Spain, Portugal, Cyprus, Ma
Published 10 Sep, 2016 12:00am
Southern nations gear up for EU future showdown

Southern nations gear up for EU future showdown

Southern EU leaders on Friday called for revised asylum rules to fight the ongoing migration crisis, and appealed for unity ahead of a showdown on the post-Brexit future of the bloc. A joint declaration signed by France, Italy, Spain, Portugal, Cyprus, Ma
Published 10 Sep, 2016 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Highest taxpayer: Senator Afridi tops list of parliamentarians

Highest taxpayer: Senator Afridi tops list of parliamentarians

A Senator belonging to Federally Administered Tribal Areas (FATA) Taj Mohammad Afridi topped the list of parliamentarians for the second consecutive year as the highest taxpayer with Rs 41,712,425 tax payment followed by PTI''s Jahangir Tareen Rs 37,607,5
Published 10 Sep, 2016 12:00am
Highest taxpayer: Senator Afridi tops list of parliamentarians

Highest taxpayer: Senator Afridi tops list of parliamentarians

A Senator belonging to Federally Administered Tribal Areas (FATA) Taj Mohammad Afridi topped the list of parliamentarians for the second consecutive year as the highest taxpayer with Rs 41,712,425 tax payment followed by PTI's Jahangir Tareen Rs 37,607,52
Published 10 Sep, 2016 12:00am
Highest taxpayer: Senator Afridi tops list of parliamentarians

Highest taxpayer: Senator Afridi tops list of parliamentarians

A Senator belonging to Federally Administered Tribal Areas (FATA) Taj Mohammad Afridi topped the list of parliamentarians for the second consecutive year as the highest taxpayer with Rs 41,712,425 tax payment followed by PTI's Jahangir Tareen Rs 37,607,52
Published 10 Sep, 2016 12:00am
More taxpayers file returns

More taxpayers file returns

Tax Directory of all taxpayers revealed that the total number of corporations, Association of Persons (AOPs) and individuals, who have filed their returns for Tax Year 2015, has increased to 1,074,418 as compared to 856,228 in tax year 2014, reflecting an
Published 10 Sep, 2016 12:00am
More taxpayers file returns

More taxpayers file returns

Tax Directory of all taxpayers revealed that the total number of corporations, Association of Persons (AOPs) and individuals, who have filed their returns for Tax Year 2015, has increased to 1,074,418 as compared to 856,228 in tax year 2014, reflecting an
Published 10 Sep, 2016 12:00am
More taxpayers file returns

More taxpayers file returns

Tax Directory of all taxpayers revealed that the total number of corporations, Association of Persons (AOPs) and individuals, who have filed their returns for Tax Year 2015, has increased to 1,074,418 as compared to 856,228 in tax year 2014, reflecting an
Published 10 Sep, 2016 12:00am
BOARD MEETINGS

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Sep, 2016 12:00am
Dar says number of taxpayers has soared

Dar says number of taxpayers has soared

Finance Minister Ishaq Dar Friday said that the government has fulfilled its promise by publishing tax directory for consecutive third year as number of taxpayers has gone up from 721,000 in 2013, 856,000 in 2014 and 1,074,000 in 2015, reflecting an incre
Published 10 Sep, 2016 12:00am
Board Meetings
Cotton

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 10 Sep, 2016 12:00am
Dar says number of taxpayers has soared

Dar says number of taxpayers has soared

Finance Minister Ishaq Dar Friday said that the government has fulfilled its promise by publishing tax directory for consecutive third year as number of taxpayers has gone up from 721,000 in 2013, 856,000 in 2014 and 1,074,000 in 2015, reflecting an incre
Published 10 Sep, 2016 12:00am
Dividend/Bonus Announcements

Dividend/Bonus Announcements

Dividend/Bonus announcements by the companies listed on the Karachi Stock Exchange.

Published 10 Sep, 2016 12:00am
Dar says number of taxpayers has soared

Dar says number of taxpayers has soared

Finance Minister Ishaq Dar Friday said that the government has fulfilled its promise by publishing tax directory for consecutive third year as number of taxpayers has gone up from 721,000 in 2013, 856,000 in 2014 and 1,074,000 in 2015, reflecting an incre
Published 10 Sep, 2016 12:00am
Sardonic comment on tax culture: 26 MPs paid no tax

Sardonic comment on tax culture: 26 MPs paid no tax

At least 26 parliamentarians, including 7 Senators and one Member National Assembly, failed to pay any tax for the year that ended on June 30, 2015, according to the Parliamentarians Tax Directory released by the Federal Board of Revenue (FBR) here Friday
Published 10 Sep, 2016 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Karachi Stock Exchange.

Published 10 Sep, 2016 12:00am
Sardonic comment on tax culture: 26 MPs paid no tax

Sardonic comment on tax culture: 26 MPs paid no tax

At least 26 parliamentarians, including 7 Senators and one Member National Assembly, failed to pay any tax for the year that ended on June 30, 2015, according to the Parliamentarians Tax Directory released by the Federal Board of Revenue (FBR) here Friday
Published 10 Sep, 2016 12:00am
Sardonic comment on tax culture: 26 MPs paid no tax

Sardonic comment on tax culture: 26 MPs paid no tax

At least 26 parliamentarians, including 7 Senators and one Member National Assembly, failed to pay any tax for the year that ended on June 30, 2015, according to the Parliamentarians Tax Directory released by the Federal Board of Revenue (FBR) here Friday
Published 10 Sep, 2016 12:00am
Body for KP-Fata merger: Sartaj

Body for KP-Fata merger: Sartaj

The Committee on FATA Reforms, 2016 has recommended that the Federally Administered Tribal Areas (FATA) should be merged in Khyber Pakhtunkhwa. It also underscored the need for replacing Frontier Crimes Regulation (FCR) with a new "Tribal Areas Rewaj Act"
Published 10 Sep, 2016 12:00am
Body for KP-Fata merger: Sartaj

Body for KP-Fata merger: Sartaj

The Committee on FATA Reforms, 2016 has recommended that the Federally Administered Tribal Areas (FATA) should be merged in Khyber Pakhtunkhwa. It also underscored the need for replacing Frontier Crimes Regulation (FCR) with a new "Tribal Areas Rewaj Act"
Published 10 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
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