AGL 38.31 Decreased By ▼ -0.52 (-1.34%)
AIRLINK 141.40 Decreased By ▼ -2.00 (-1.39%)
BOP 5.64 Increased By ▲ 0.40 (7.63%)
CNERGY 3.87 Increased By ▲ 0.15 (4.03%)
DCL 7.56 Decreased By ▼ -0.02 (-0.26%)
DFML 47.40 Increased By ▲ 1.00 (2.16%)
DGKC 79.75 Decreased By ▼ -1.13 (-1.4%)
FCCL 27.44 Increased By ▲ 0.02 (0.07%)
FFBL 54.85 Decreased By ▼ -0.15 (-0.27%)
FFL 8.60 Increased By ▲ 0.04 (0.47%)
HUBC 113.51 Increased By ▲ 2.49 (2.24%)
HUMNL 11.20 Decreased By ▼ -0.22 (-1.93%)
KEL 3.99 Increased By ▲ 0.22 (5.84%)
KOSM 8.54 Increased By ▲ 0.21 (2.52%)
MLCF 35.00 Decreased By ▼ -0.20 (-0.57%)
NBP 63.80 Increased By ▲ 2.45 (3.99%)
OGDC 169.40 Decreased By ▼ -2.50 (-1.45%)
PAEL 25.18 Decreased By ▼ -0.60 (-2.33%)
PIBTL 5.89 Decreased By ▼ -0.08 (-1.34%)
PPL 125.75 Decreased By ▼ -1.80 (-1.41%)
PRL 24.79 Decreased By ▼ -0.79 (-3.09%)
PTC 13.26 Increased By ▲ 1.11 (9.14%)
SEARL 57.45 Increased By ▲ 0.45 (0.79%)
TELE 7.12 Increased By ▲ 0.02 (0.28%)
TOMCL 35.00 Increased By ▲ 0.20 (0.57%)
TPLP 7.45 Increased By ▲ 0.50 (7.19%)
TREET 14.32 Increased By ▲ 0.47 (3.39%)
TRG 46.54 Decreased By ▼ -0.51 (-1.08%)
UNITY 26.18 Increased By ▲ 0.13 (0.5%)
WTL 1.20 Decreased By ▼ -0.01 (-0.83%)
BR100 9,091 No Change 0 (0%)
BR30 27,379 No Change 0 (0%)
KSE100 85,669 No Change 0 (0%)
KSE30 27,216 No Change 0 (0%)
Oct 10, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-02-02
US CG visits Port Qasim

US CG visits Port Qasim

Upon the gracious invitation of Port Qasim Authority Chairman Agha Jan Akhthar, US Consul General Grace Shelton visited Port Qasim on Friday and saw the impressive port operation first-hand. During her visit she also met with country representative for Am
Published 02 Feb, 2017 12:00am
Oil output reaches two-year high in December

Oil output reaches two-year high in December

Pakistan's oil production reached two-year high of 97,000 bpd of oil in December 2016, led by production additions from Nashpa and Mardan Khel fields. According to figures available, both fields added around 11 percent to oil production in December 2016,
Published 02 Feb, 2017 12:00am
Khalid Mansoor takes over as OICCI president

Khalid Mansoor takes over as OICCI president

Khalid Mansoor, Chief Executive Officer of Hub Power Company Limited (Hubco) has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2017 term. This was announced at the 157th Annual General Meeting of th
Published 02 Feb, 2017 12:00am
Copper wire, other stolen goods seized

Copper wire, other stolen goods seized

Police on Wednesday claimed to have recovered copper wire and other stolen properties of K-Electric, worth Rs 3 million, from Shershah area. Quoting District West's Superintendent of Police, Nasir Aftab, a spokesman for police said that the stolen propert
Published 02 Feb, 2017 12:00am
Procedure evolved for sale, purchase of used mobile phones

Procedure evolved for sale, purchase of used mobile phones

In order to avoid theft and robberies, the Sindh Police, Karachi Electronic Dealers Association (KEDA) and Citizens Police Liaison Committee (CPLC) have unanimously evolved a procedure for the sale and purchase of used mobile phones on Wednesday. As per t
Published 02 Feb, 2017 12:00am
I am proud of being a Karachiite, says Zubair

I am proud of being a Karachiite, says Zubair

Designated governor of Sindh and Chairman Privatisation Commission (PC) Mohammad Zubair said he is a proud citizen of Karachi who belongs to Urdu-speaking community. Dispelling the propaganda on social media regarding his ethnicity, the designated governo
Published 02 Feb, 2017 12:00am
Ministry assures DAP subsidy payment to importers

Ministry assures DAP subsidy payment to importers

The Ministry of National Food Security & Research has assured the payment of three-month pending DAP subsidy after verification of sales tax receipts from the Federal Board of Revenue (FBR). Sources toldBusiness Recorder Wednesday that a meeting wa
Published 02 Feb, 2017 12:00am
Customs duty of disposable gas revised

Customs duty of disposable gas revised

The Directorate General, Customs Valuation (DGCV) on Wednesday revised the customs duty of disposable gas under section 225-A of the Customs Act, 1969 According to the valuation rulings, the Directorate General had earlier circulated reference customs val
Published 02 Feb, 2017 12:00am
Business community hails Zubair's appointment as Sindh governor

Business community hails Zubair's appointment as Sindh governor

Felicitating Muhammad Zubair, a leader of the ruling Pakistan Muslim League-Nawaz (PML-N) and Chairman Privatisation Commission, on his appointment as the 32nd Sindh governor, business community hoped that the new governor will ensure good governance in t
Published 02 Feb, 2017 12:00am
Scholarships for minorities students announced

Scholarships for minorities students announced

Special Assistant to Chief Minister Sindh for Minority Affairs, Dr Khatu Mal Jeewan has said that Minority Affairs Department has announced scholarships for students from minority on merit cum poverty basis who are enrolled in public sector universities i
Published 02 Feb, 2017 12:00am
FTO holds workshop on public awareness, advocacy

FTO holds workshop on public awareness, advocacy

The Federal Tax Ombudsman organised an awareness workshop on its project titled 'public awareness and advocacy about dispute resolution mechanism of federal tax ombudsman' for medium and small-scale enterprises, here on Wednesday. FTO Director General Muh
Published 02 Feb, 2017 12:00am
NAB believes in 'Zero corruption, 100 percent development': Chairman

NAB believes in 'Zero corruption, 100 percent development': Chairman

Qamar Zaman Chaudhry, Chairman NAB has said that NAB believes in "Zero corruption, 100% Development". NAB is a complaint driven organisation. The NAB has operational methodology comprising of three stages for proceeding of cases complaint verification, in
Published 02 Feb, 2017 12:00am
Prize distribution ceremony of All Pakistan TechFest held

Prize distribution ceremony of All Pakistan TechFest held

A prize distribution ceremony of All Pakistan TechFest held at Society of Mechanical Engineering of Pakistan (SMEP) at Ghulam Ishaq Khan Institute of Engineering Sciences and Technology, Swabi on Wednesday. Representatives of industry, academic staff and
Published 02 Feb, 2017 12:00am
Showing increased collection: FBR seeks notice of incident

Showing increased collection: FBR seeks notice of incident

The Federal Board of Revenue (FBR) has taken serious notice of an incident involving a tax official (deputy commissioner Inland Revenue, Regional Tax Office (RTO) Islamabad) who recovered amount from a company's bank account, where stay order has been gra
Published 02 Feb, 2017 12:00am
PPL restrained from holding 400MT LPG auction

PPL restrained from holding 400MT LPG auction

A division bench of the Lahore High Court on Wednesday declined to allow permission for holding auction of approximately 400MT (metric ton) Liquefied Petroleum Gas (LPG) and issued notices to the Ogra and petroleum ministry for February 7. A single bench
Published 02 Feb, 2017 12:00am
World Bank Country Director conveys CEO's appreciation to Dar

World Bank Country Director conveys CEO's appreciation to Dar

Country Director World Bank Patchamuthu Illangovan called on Minister for Finance Senator Ishaq Dar here at the Ministry of Finance Wednesday. The Country Director thanked the Finance Minister for extending his hospitality to the Chief Executive Officer o
Published 02 Feb, 2017 12:00am
More rains, snowfall likely from weekend

More rains, snowfall likely from weekend

The Met Office on Wednesday forecast more rains and snowfall across the country from the weekend. It said that the intermittent rain was feared to unleash landslides and flash floods in the vulnerable areas of the Upper Khyber Pakhtunkhwa and Fata, beside
Published 02 Feb, 2017 12:00am
Chinese New Year celebrations in Faisalabad

Chinese New Year celebrations in Faisalabad

Ceremonies held to celebrate the Chinese New Year under the directions of Punjab government at different sites where chinese engineers and workers are working on different projects in the district. The main function was held at Sadhanwala Camp Chak No.441
Published 02 Feb, 2017 12:00am
APBF urges government to take steps to increase FDI

APBF urges government to take steps to increase FDI

The All Pakistan Business Forum has urged the government to promote foreign direct investment (FDI) which has been maintaining a steady decline from a $5.2 billion peak in 2007-08 despite the government spending on overseas trade offices have been increas
Published 02 Feb, 2017 12:00am
'DRAP still unable to streamline health issues'

'DRAP still unable to streamline health issues'

The Drug Regulatory Authority of Pakistan (DRAP) is still unable to streamline the healthcare issues though they have a clear guidance by the outgoing caretaker minister and a candidate for the post to head World Health Organisation, Dr Sania Nishtar, who
Published 02 Feb, 2017 12:00am
PIA starts additional flights for Karachi, Islamabad

PIA starts additional flights for Karachi, Islamabad

Pakistan International Airlines (PIA) has started two additional flights between Karachi and Islamabad from January 1, 2017. According to PIA officials, these flights PK-366 (Karachi-Islamabad) and PK-367 (Islamabad-Karachi) would be operated at 1300 hrs
Published 02 Feb, 2017 12:00am
Rs 299 million scheme launched to upgrade Karachi Zoo: Murad

Rs 299 million scheme launched to upgrade Karachi Zoo: Murad

The Sindh government has launched a Rs 299.819 million scheme to upgrade and reconstruct the Karachi Zoological garden. Sindh Chief Minister Syed Murad Ali Shah has said that there were a lot of complaints against Karachi Zoological garden, therefore he d
Published 02 Feb, 2017 12:00am
Government won't ban private taxi service: minister

Government won't ban private taxi service: minister

Terming the sale of liquor and its unrestricted consumption `a social issue', Muttahida Qaumi Movement (MQM) on Wednesday demanded of the Sindh government to shift the wine shops from Muslim-majority neighbourhoods of city to the areas inhabited by non-Mu
Published 02 Feb, 2017 12:00am
Government won't ban private taxi service: minister

Government won't ban private taxi service: minister

Terming the sale of liquor and its unrestricted consumption `a social issue', Muttahida Qaumi Movement (MQM) on Wednesday demanded of the Sindh government to shift the wine shops from Muslim-majority neighbourhoods of city to the areas inhabited by non-Mu
Published 02 Feb, 2017 12:00am
Airlifting of horse to Qatar denied

Airlifting of horse to Qatar denied

Prime Minister Nawaz Sharif has reportedly gifted a horse to Emir of Qatar Sheikh Tamim bin Hamad al Thani. According to a letter undersigned by Deputy Chief of Protocol, Ministry of Foreign Affairs, Aftab Hasan Khan, that went viral on social media, the
Published 02 Feb, 2017 12:00am
Palestinian President concludes three-day visit

Palestinian President concludes three-day visit

Palestinian President Mahmoud Abbas concluded his three days visit of Pakistan on Wednesday after holding talks with Pakistani leadership on issues of mutual interests including the illegal Israeli settlements on the occupied Palestinian territories. Pres
Published 02 Feb, 2017 12:00am
Committee to settle sector E-12 compensation dispute

Committee to settle sector E-12 compensation dispute

A parliamentary panel constituted a committee on Wednesday to settle compensation related disputes of Capital Development Authority (CDA) with the affectees of sector E-12 of Islamabad. The CDA's committee will be headed by Member Estate Khushal Khan.
Published 02 Feb, 2017 12:00am
Small Dispute Resolution Committees' Rule SECP notifies amendments

Small Dispute Resolution Committees' Rule SECP notifies amendments

The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to Rule 6 of the Small Dispute Resolution Committees (Constitution and Procedure) Rules, 2015, in exercise of the powers conferred under Section 117 of the Insurance Ordinan
Published 02 Feb, 2017 12:00am
Eight percent decrease in Basmati rice export

Eight percent decrease in Basmati rice export

Eight per cent decrease in the export of basmati rice has been registered due to non-competitiveness in prices in the international market. The National Assembly was informed this here on Wednesday during the Question Hour. The assembly was also informed
Published 02 Feb, 2017 12:00am
SDPOs asked to keep to Police Act 2017

SDPOs asked to keep to Police Act 2017

The Inspector General of Police (IGP) Khyber Pakhtunkhwa Nasir Khan Durrani has directed Sub-Divisional Police Officers (SDPOs) to fully adhere to the new Police Act 2017 and adopt problem resolving approach to every issue in the field. He was chairing a
Published 02 Feb, 2017 12:00am
'Trained manpower must for a bright future'

'Trained manpower must for a bright future'

Professor Dr Iqrar A Khan, Vice Chancellor University of Agriculture Faisalabad while addressing the students of Faculty of Agriculture at Iqbal Auditorium has said that trained manpower is necessary for bright future. Dean Faculty of Agriculture Dr Muham
Published 02 Feb, 2017 12:00am
59,340 emergency victims rescued in January

59,340 emergency victims rescued in January

Punjab Emergency Services (Rescue 1122) has rescued 57846 victims of different emergencies while conducting 59340 rescue operations in the month of January with average response time of 07 minutes. The emergency calls to which Rescue 1122 responded to inc
Published 02 Feb, 2017 12:00am
CoAS visits 16 Baloch Regiment in Sialkot

CoAS visits 16 Baloch Regiment in Sialkot

Chief of Army Staff (CoAS) General Qamar Javed Bajwa Wednesday visited the 16 Baloch Regiment at Sialkot Cantt, where he was commissioned as Second Lieutenant. Inter Services Public Relations (ISPR) said that both, the COAS and his father have commanded t
Published 02 Feb, 2017 12:00am
KBP criticises rise in POL prices

KBP criticises rise in POL prices

The Kisan Board Pakistan (KBP) strongly reacted to the increase in petroleum products prices announced by the federal government and termed it second petrol and diesel bomb attack on growers on the New Year. KBP Central President Chaudhry Nisar Ahmad and
Published 02 Feb, 2017 12:00am
German visa officer visits PSGMEA

German visa officer visits PSGMEA

The Visa Officer and Airline Liaison Officer of Republic of Germany, Eckhard Curschmann and Mario Kohn, visited Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) on Wednesday afternoon to discuss certain issues pertaining to German vi
Published 02 Feb, 2017 12:00am
Auction for MTBs: government mops up Rs 589 billion

Auction for MTBs: government mops up Rs 589 billion

The federal government Wednesday borrowed over Rs 589 billion through the auction for short-term bonds on slightly higher rates. The State Bank of Pakistan (SBP), on February 1, 2017, conducted the auction for sale of 3-, 6- and 12-month Market Treasury B
Published 02 Feb, 2017 12:00am
Auction for MTBs: government mops up Rs 589 billion

Auction for MTBs: government mops up Rs 589 billion

The federal government Wednesday borrowed over Rs 589 billion through the auction for short-term bonds on slightly higher rates. The State Bank of Pakistan (SBP), on February 1, 2017, conducted the auction for sale of 3-, 6- and 12-month Market Treasury B
Published 02 Feb, 2017 12:00am
Stuck with 'old' dollars

Stuck with 'old' dollars

Having a dollar account with a bank, I returned more than disappointed from the bank on January 24 when I went there to have a cheque cashed-the reason being the new "blue" dollar.
Published 02 Feb, 2017 12:00am
'Highest PKR overvaluation ever': rebuttal
Currency

'Highest PKR overvaluation ever': rebuttal

Ms Anjum Ibrahim has written an article titled "Highest PKR overvaluation ever" carried by Business Recorder dated 16-01-2017. The article claims that Pakistan maintains a 'dirty float' due to frequent interventions in the FX market. Further, the f
Published 02 Feb, 2017 12:00am
Hydropower - a panacea?
Currency

Hydropower - a panacea?

Coal vs hydro controversy is getting heated. The other day, Imran Khan, the Chief of Pakistan Tehreek-e-Insaf (PTI), addressing a public meeting in Sahiwal, questioned the wisdom of installing coal power plants while everybody else is shunning coal. He ha
Published 02 Feb, 2017 12:00am
Does corruption matter?

Does corruption matter?

This paper recently carried a story, raising the important question whether or not the Panamagate scandal involving the Prime Minister and his children can affect the PML-N's political fortunes in the next year's general elections. Some analysts and rulin
Published 02 Feb, 2017 12:00am
Better late than never

Better late than never

Jamaat-ud-Dawa (JuD) chief Hafiz Saeed and four other leaders of the organisation have been placed under house arrest for three months. The JuD and its charity front, the Falah-i-Insaaniat Foundation (FIF), have been included in the second schedule and pu
Published 02 Feb, 2017 12:00am
Fiscal Policy Statement

Fiscal Policy Statement

The Debt Policy Co-ordination Office, Ministry of Finance, submitted the Fiscal Policy Statement 2016-17 in the National Assembly, as required, on 30th January though it has not yet been placed on the agenda. The statement has two components: public debt
Published 02 Feb, 2017 12:00am
Cotton up more than 1pc on buying pressure
Cotton

Cotton up more than 1pc on buying pressure

ICE cotton futures gained more than 1 percent on Tuesday to settle higher for the fourth time in the past five sessions, supported by buying pressure ahead of the March contract fixation expiry. The March cotton contract on ICE Futures US rose 1.08 percen
Published 02 Feb, 2017 12:00am
Copper retreats from two-month high as mine strike looms

Copper retreats from two-month high as mine strike looms

Copper fell on Wednesday as the dollar recovered and profit-taking set in after the metal rose to a two-month high on concerns over a looming strike at the world's biggest copper mine in Chile. Three-month copper on the London Metal Exchange closed down 0
Published 02 Feb, 2017 12:00am
Rubber falls

Rubber falls

Benchmark Tokyo rubber futures ended down 4.8 percent on Wednesday, coming under pressure from Thailand's auction plan to ease supply worries following floods in key production areas. The benchmark Tokyo Commodity Exchange (TOCOM) futures extended decline
Published 02 Feb, 2017 12:00am
Russia needs new export markets for its grain

Russia needs new export markets for its grain

Russia needs to find new markets for its grain exports and speed up its supplies abroad to ease pressure on the domestic market after a record crop of 119 million tonnes in 2016, the SovEcon agriculture consultancy said in a note. Customs data shows Russi
Published 02 Feb, 2017 12:00am
Robusta coffee price at 5-1/2-year high, sugar jumps

Robusta coffee price at 5-1/2-year high, sugar jumps

Robusta coffee futures on the ICE futures market rose to the highest in nearly 5-1/2 years on Wednesday on investor buying against a backdrop of tightening supplies, while the March raw sugar premium jumped. Cocoa prices were little changed. May robusta c
Published 02 Feb, 2017 12:00am
Gold hits week high in New York
Currency

Gold hits week high in New York

Gold jumped to a one-week high on Tuesday as unnerved investors bought bullion after the dollar was hit by US President Donald Trump's comments on currency devaluation by other countries. Spot gold climbed 1.4 percent to $1,211.15 an ounce by 3:30 pm EST
Published 02 Feb, 2017 12:00am
Gold slips in Asia

Gold slips in Asia

Gold slipped on Wednesday as the dollar recovered from over 7-week lows and traders waited to see if the US Federal Reserve will keep its interest rates unchanged amid uncertainty over the policies of President Donald Trump. Spot gold edged down 0.2 perce
Published 02 Feb, 2017 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold retreated on Wednesday as the dollar firmed ahead of an interest rate decision by the US Federal Reserve which is expected to provide clues on monetary policy this year. Gold is highly exposed to interest rates, particularly in the United States, as
Published 02 Feb, 2017 12:00am
US MIDDAY: soyabeans rally

US MIDDAY: soyabeans rally

US soyabean futures rose Wednesday on commodity fund buying at the start of a new month along with fresh export demand, analysts said. Wheat and corn futures followed the firm trend, with corn buoyed by bullish weekly ethanol data. As of 11:45 am CST (174
Published 02 Feb, 2017 12:00am
US MIDDAY: gold falls

US MIDDAY: gold falls

Gold fell more than 1 percent on Wednesday as the dollar strengthened ahead of an interest rate decision by the US Federal Reserve which is expected to provide clues on monetary policy this year. Gold is highly exposed to interest rates, particularly in t
Published 02 Feb, 2017 12:00am
Oil rallies to settle up $1 a barrel

Oil rallies to settle up $1 a barrel

Crude futures rallied late Wednesday, jumping more than $1 a barrel after briefly trading lower on a bearish US government report early in the day. Oil markets have been trapped in a range as traders wait to see whether OPEC production cuts can outweigh U
Published 02 Feb, 2017 12:00am
European roaming charges to end in June as EU inks deal

European roaming charges to end in June as EU inks deal

European travellers will no longer have to pay roaming charges for using their mobile phones within the EU after the bloc reached a deal Wednesday that will take effect in June. The hard-won accord is the key element towards delivering the long-delayed "f
Published 02 Feb, 2017 12:00am
Dieselgate drags on for Volkswagen and Bosch with new payouts

Dieselgate drags on for Volkswagen and Bosch with new payouts

German carmaker Volkswagen and auto parts supplier Bosch on Wednesday announced payouts to US buyers of vehicles affected by the "dieselgate" scandal, in a bid to put the American chapter of the tale behind them. Volkswagen admitted in September 2015 to b
Published 02 Feb, 2017 12:00am
Four terrorists killed, three held in Dera Bugti

Four terrorists killed, three held in Dera Bugti

Four terrorists of a banned outfit were killed and three others arrested in operation of security forces here on Wednesday. Cache of arms and ammunition were recovered while four hideouts of extremists were demolished during the operation.
Published 02 Feb, 2017 12:00am
The Weather

The Weather

The weather report on Wednesday (February 01, 2017) and the forecast for Thursday (February 02, 2017).

Published 02 Feb, 2017 12:00am
Hafiz Saeed's name placed on ECL

Hafiz Saeed's name placed on ECL

Ministry of Interior has placed the name of Jamaat-ud-Dawa (JuD) chief Hafiz Muhammad Saeed and 37 other active members of the organisation on Exit Control List (ECL). The government of Punjab placed JuD chief Hafiz Muhammad Saeed under the house arrest o
Published 02 Feb, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Hafiz Saeed's name placed on ECL

Hafiz Saeed's name placed on ECL

Ministry of Interior has placed the name of Jamaat-ud-Dawa (JuD) chief Hafiz Muhammad Saeed and 37 other active members of the organisation on Exit Control List (ECL). The government of Punjab placed JuD chief Hafiz Muhammad Saeed under the house arrest o
Published 02 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 02 Feb, 2017 12:00am
Property deals: top FBR officials irked by low collection

Property deals: top FBR officials irked by low collection

The Federal Board of Revenue (FBR) has expressed serious concern over exceptionally low collection of withholding tax from immovable property transactions where 3 percent of the differential amount between the FBR''s prescribed value and the value recorde
Published 02 Feb, 2017 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 02 Feb, 2017 12:00am
Property deals: top FBR officials irked by low collection

Property deals: top FBR officials irked by low collection

The Federal Board of Revenue (FBR) has expressed serious concern over exceptionally low collection of withholding tax from immovable property transactions where 3 percent of the differential amount between the FBR's prescribed value and the value recorded
Published 02 Feb, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Property deals: top FBR officials irked by low collection

Property deals: top FBR officials irked by low collection

The Federal Board of Revenue (FBR) has expressed serious concern over exceptionally low collection of withholding tax from immovable property transactions where 3 percent of the differential amount between the FBR's prescribed value and the value recorded
Published 02 Feb, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (February 01, 2017)

Published 02 Feb, 2017 12:00am
Toronto filmmaker disappears

Toronto filmmaker disappears

The Canadian documentary filmmaker and conservationist Rob Stewart disappeared while diving off Florida's southern coast during the filming of a movie about sharks, the US Coast Guard reported Wednesday. Stewart, 37, vanished Tuesday afternoon during a di
Published 02 Feb, 2017 12:00am
Toronto filmmaker disappears

Toronto filmmaker disappears

The Canadian documentary filmmaker and conservationist Rob Stewart disappeared while diving off Florida's southern coast during the filming of a movie about sharks, the US Coast Guard reported Wednesday. Stewart, 37, vanished Tuesday afternoon during a di
Published 02 Feb, 2017 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Panamagate case hearing adjourned on judge's illness

Panamagate case hearing adjourned on judge's illness

The ailment of Justice Azmat Saeed Sheikh, one of the members of the five-member larger bench hearing the Panamagate case, caused adjournment of the matter till February 06. The bench led by Justice Asif Saeed Khan Khosa resumed the hearing of the matter
Published 02 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Panamagate case hearing adjourned on judge's illness

Panamagate case hearing adjourned on judge's illness

The ailment of Justice Azmat Saeed Sheikh, one of the members of the five-member larger bench hearing the Panamagate case, caused adjournment of the matter till February 06. The bench led by Justice Asif Saeed Khan Khosa resumed the hearing of the matter
Published 02 Feb, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Poultry feeds: 17 percent ST imposed on certain ingredients
Cotton

Poultry feeds: 17 percent ST imposed on certain ingredients

The Federal Board of Revenue (FBR) has imposed standard rate of 17 percent sales tax on certain ingredients of poultry feed ie Palm Kernel Cake, Lintel Husk and Distillers Dried Grains with Soluble. In this regard, the FBR has issued a clarification regar
Published 02 Feb, 2017 12:00am
Poultry feeds: 17 percent ST imposed on certain ingredients
Cotton

Poultry feeds: 17 percent ST imposed on certain ingredients

The Federal Board of Revenue (FBR) has imposed standard rate of 17 percent sales tax on certain ingredients of poultry feed ie Palm Kernel Cake, Lintel Husk and Distillers Dried Grains with Soluble. In this regard, the FBR has issued a clarification regar
Published 02 Feb, 2017 12:00am
Poultry feeds: 17 percent ST imposed on certain ingredients
Cotton

Poultry feeds: 17 percent ST imposed on certain ingredients

The Federal Board of Revenue (FBR) has imposed standard rate of 17 percent sales tax on certain ingredients of poultry feed ie Palm Kernel Cake, Lintel Husk and Distillers Dried Grains with Soluble. In this regard, the FBR has issued a clarification regar
Published 02 Feb, 2017 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

The rupee did not show any change against the dollar on the money market on Wednesday, dealers said. The rupee did not move any side versus the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively.
Published 02 Feb, 2017 12:00am
July-January headline inflation up 3.85 percent YoY

July-January headline inflation up 3.85 percent YoY

The headline inflation rose by 3.85 percent during July-January 2016 over the corresponding period of last fiscal year on the back of increase in the cost of petrol, food items, education and others. Chief Statistician and Census Commissioner Asif Bajwa s
Published 02 Feb, 2017 12:00am
THE RUPEE: no major change
Currency

THE RUPEE: no major change

The rupee did not show any change against the dollar on the money market on Wednesday, dealers said. The rupee did not move any side versus the dollar for buying and selling at Rs 104.85 and Rs 104.86 respectively.
Published 02 Feb, 2017 12:00am
July-January headline inflation up 3.85 percent YoY

July-January headline inflation up 3.85 percent YoY

The headline inflation rose by 3.85 percent during July-January 2016 over the corresponding period of last fiscal year on the back of increase in the cost of petrol, food items, education and others. Chief Statistician and Census Commissioner Asif Bajwa s
Published 02 Feb, 2017 12:00am
July-January headline inflation up 3.85 percent YoY

July-January headline inflation up 3.85 percent YoY

The headline inflation rose by 3.85 percent during July-January 2016 over the corresponding period of last fiscal year on the back of increase in the cost of petrol, food items, education and others. Chief Statistician and Census Commissioner Asif Bajwa s
Published 02 Feb, 2017 12:00am
Government targets seven percent growth in fiscal year 2018: NEC

Government targets seven percent growth in fiscal year 2018: NEC

The government is working to increase the Gross Domestic Product (GDP) growth to 7 per cent for financial year 2017-18 with a considerable improvement in the agriculture, industry and services sectors, as compared to a target of 6.5 per cent set for the c
Published 02 Feb, 2017 12:00am
Government targets seven percent growth in fiscal year 2018: NEC

Government targets seven percent growth in fiscal year 2018: NEC

The government is working to increase the Gross Domestic Product (GDP) growth to 7 per cent for financial year 2017-18 with a considerable improvement in the agriculture, industry and services sectors, as compared to a target of 6.5 per cent set for the c
Published 02 Feb, 2017 12:00am
Government targets seven percent growth in fiscal year 2018: NEC

Government targets seven percent growth in fiscal year 2018: NEC

The government is working to increase the Gross Domestic Product (GDP) growth to 7 per cent for financial year 2017-18 with a considerable improvement in the agriculture, industry and services sectors, as compared to a target of 6.5 per cent set for the c
Published 02 Feb, 2017 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (February 01, 2017).

Published 02 Feb, 2017 12:00am
Previous Day