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Print - 2016-09-10
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
Cotton market: firm trend on strong demand from spinners
Cotton

Cotton market: firm trend on strong demand from spinners

Prices stabilised on the cotton market on Friday amid strong demand from spinners, who were keen to replenish their stocks ahead of Eid-ul-Azha holidays, dealers said. The official spot rate was unchanged at Rs 5,850, dealers said. In Sindh, seed cotton p
Published 10 Sep, 2016 12:00am
Activity at Karachi & Qasim ports

Activity at Karachi & Qasim ports

The Karachi Port handled 122,806 tonnes of cargo comprising 94,907 tonnes of import cargo and 27,899 tonnes of export cargo including 6,478 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday The total import cargo of 94,90
Published 10 Sep, 2016 12:00am
Indian pulses output to hit record high
Cotton

Indian pulses output to hit record high

India's production of summer-sown pulses is likely to surge to a record high this year, dragging down prices of the protein-rich food grains after last year's sharp rally that prompted farmers to increase area under cultivation, industry officials said. H
Published 10 Sep, 2016 12:00am
Thailand sells 755,000 tonnes of rice in August

Thailand sells 755,000 tonnes of rice in August

Thailand sold 755,012 tonnes of rice from state stockpiles in two auctions in August, the commerce ministry said on Wednesday, as the country looks to eliminate stockpiles built up under the previous administration. The world's second-biggest rice exporte
Published 10 Sep, 2016 12:00am
Chinese iron ore futures fall nearly four percent

Chinese iron ore futures fall nearly four percent

Chinese iron ore futures tumbled nearly 4 percent on Wednesday as steel prices touched a six-week low after recent gains, with expectations of additional supply this year seen weighing on the steel-making commodity. "We remain bearish on the ferrous metal
Published 10 Sep, 2016 12:00am
Daily trading report of PMEX
Cotton

Daily trading report of PMEX

At Pakistan Mercantile Exchange Limited (PMEX), on Thursday value traded was PKR 5,203 million and the number of lots traded was 13,875. PMEX Commodity Index closed at 3,028. Major business was contributed by currencies through COTS PKR 2,023 million, fol
Published 10 Sep, 2016 12:00am
Vietnamese coffee trade muted on uncertainty over output

Vietnamese coffee trade muted on uncertainty over output

Trading in Vietnamese coffee was muted on uncertainty over output due to bad weather and an expected delay in harvest, although domestic prices touched close to a key level considered optimal for sale by farmers, traders said on Tuesday. Recent low rainfa
Published 10 Sep, 2016 12:00am
The profundity of Qulb

The profundity of Qulb

Qulb mentioned by Sufis is generally known as heart. It is not true as Qulb, in reality, has different physical facet than a mere anatomical structure placed in the chest and pumping blood. Its actuality was first reported when investigations revealed tha
Published 10 Sep, 2016 12:00am
ART FACTS: New dining culture in Sindh

ART FACTS: New dining culture in Sindh

With meat-lovers' favourite Eid just round the corner, conversation with a Sindhi colleague at the Karachi Press Club automatically turned to the influence Karachi has had in introducing city style eating habits in the rest of the province. The ball got r
Published 10 Sep, 2016 12:00am
Native people's rights violated in name of 'conservation': UN

Native people's rights violated in name of 'conservation': UN

Some of the world's leading conservation groups are violating the rights of indigenous people by backing projects that oust them from their ancestral homes in the name of environmental preservation, a top UN expert said this week.
Published 10 Sep, 2016 12:00am
ART FACTS: Spirited, vibrant tones of watercolour

ART FACTS: Spirited, vibrant tones of watercolour

Watercolour is one of the oldest and respected medium in painting dating to the cave paintings of Palaeolithic Europe, and has been used for manuscript illustration since Egyptian times and also used in European Middle Ages. Afterwards printed books and d
Published 10 Sep, 2016 12:00am
Searching for history along the Thames

Searching for history along the Thames

A torch on his head, Jason Sandy scours the night-time London foreshores of the Thames river, searching for objects that could offer a glimpse of life in the British capital hundreds of years ago. As the occasional party boat passes by, its music blasting
Published 10 Sep, 2016 12:00am
Life-altering science moves fast, sparking debate

Life-altering science moves fast, sparking debate

Scientific techniques that can wipe out invasive species or alter mosquitoes' ability to carry disease are pushing ahead, raising concerns about the ethics of permanently changing the natural world, experts say.
Published 10 Sep, 2016 12:00am
Warming oceans are 'sick,' global scientists warn

Warming oceans are 'sick,' global scientists warn

Global warming is making the oceans sicker than ever before, spreading disease among animals and humans and threatening food security across the planet, a major scientific report said on Monday. The findings, based on peer-reviewed research, were compiled
Published 10 Sep, 2016 12:00am
'Real heroes don't wear Spandex': Mel Gibson

'Real heroes don't wear Spandex': Mel Gibson

"Real heroes don't wear Spandex," Mel Gibson told Venice Sunday as he unveiled his new World War II drama "Hacksaw Ridge", starring Andrew Garfield of "Spiderman" fame. The film tells the true story of Desmond Doss (played by Garfield), who enlists and is
Published 10 Sep, 2016 12:00am
On a roll: 'Sausage Party' maestro bids for elusive Emmy

On a roll: 'Sausage Party' maestro bids for elusive Emmy

With eight Oscars, 11 Grammys and a Tony vying for space on his mantelpiece, Alan Menken's bill for dry-cleaning tuxedos might well match the box-office take of most Off-Broadway openings. The legendary US composer has picked up more than 100 nominations
Published 10 Sep, 2016 12:00am
Toby Kebbell, the reluctant star finally shining

Toby Kebbell, the reluctant star finally shining

He has worked for Oliver Stone and Steven Spielberg, playing lead roles in some of the biggest blockbusters of recent years, but you might not recognize Toby Kebbell in the street.
Published 10 Sep, 2016 12:00am
BRIDGE NOTES: Yet another Bridge technique

BRIDGE NOTES: Yet another Bridge technique

Today's illustration will focus on both bidding and play. For it is only when correct and disciplined bidding is invoked, that you find yourself, in the appropriate contract. Many a Bridge player slip up in their initial bidding while a few others mess up
Published 10 Sep, 2016 12:00am
Robert De Niro gets back into the ring with 'Hands of Stone'

Robert De Niro gets back into the ring with 'Hands of Stone'

Actor Robert De Niro has re-entered the ring in the new boxing drama film "Hands of Stone." But this time, he's not the one throwing the punches, he's training famed Panamanian fighter Roberto Duran, portrayed by Edgar Ramirez.
Published 10 Sep, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Sep, 2016 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 10 Sep, 2016 12:00am
State Bank of Pakistan conversion rates
Currency

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 10 Sep, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest

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 10 Sep, 2016 12:00am
Exchange rates: buying and selling

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Currency notes: exchange rates
Currency

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (September 09, 2016).

Published 10 Sep, 2016 12:00am
Money Market Report
Currency

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (September 09, 2016).
Published 10 Sep, 2016 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd 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
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq 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 MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates 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
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
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
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
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am 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
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
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
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
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
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
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
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
'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
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
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