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Apr 15, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-04-28
Cautious ECB helps sterling recover

Cautious ECB helps sterling recover

Sterling rose 0.8 percent against the euro on Thursday to trade at its strongest since before Sunday's first round of France's presidential election, when a victory for the market-friendly Emmanuel Macron drove a surge in the single currency. Its gains we
Published 28 Apr, 2017 12:00am
Children pay the price in Afghan conflict: UN

Children pay the price in Afghan conflict: UN

Children account for one-third of civilian casualties in Afghanistan's grinding conflict in the first three months of 2017, and are paying an increasingly high price in the fighting, a UN report said Thursday in Kabul. From January to March, 210 children
Published 28 Apr, 2017 12:00am
West Ham focus back on game after tax raid

West Ham focus back on game after tax raid

West Ham United tried to turn their attention to football again on Thursday following the drama of the club's midweek raid by British tax authorities. Officials from Her Majesty's Revenues and Customs (HMRC) descended upon West Ham's London Stadium and th
Published 28 Apr, 2017 12:00am
ICC passes changes to curb 'Big Three' dominance

ICC passes changes to curb 'Big Three' dominance

Cricket's global governing body has received a thumping mandate from its members to proceed with a broad restructure aimed at curbing the dominance of the "Big Three" - Australia, India and England. The sweeping changes were passed in a vote during a meet
Published 28 Apr, 2017 12:00am
Sharapova wins second match on comeback

Sharapova wins second match on comeback

Maria Sharapova picked up a second win in as many days on her comeback from a 15-month doping ban on Thursday, beating fellow Russian Ekaterina Makarova at the Stuttgart WTA tournament. The 30-year-old five-time Grand Slam winner dominated Makarova, ranke
Published 28 Apr, 2017 12:00am
Peshawar, Hazara take U-23 Inter-Regional Games trophy

Peshawar, Hazara take U-23 Inter-Regional Games trophy

Peshawar and Hazara cemented their respective position for winning the overall trophy of the ongoing KP Under-23 Inter-Regional Male and Female Games (I-RM&FG) in progress at different venues. On the second day, there were tough resistances witnessed betw
Published 28 Apr, 2017 12:00am
India keep Champions Trophy squad on hold

India keep Champions Trophy squad on hold

India are refusing to unveil their squad for the Champions Trophy amid speculation they might pull out because of a row with the sport's governing body over revenue sharing. The powerful Board of Control for Cricket in India (BCCI) has already missed the
Published 28 Apr, 2017 12:00am
FIFA fine Brazil, Argentina, Mexico for chanting

FIFA fine Brazil, Argentina, Mexico for chanting

Brazil were hit hardest on Thursday by FIFA for homophobic chanting by its supporters during World Cup qualifying, with Argentina and Mexico also fined. Nine football associations were punished in all by FIFA's Disciplinary Committee "for incidents involv
Published 28 Apr, 2017 12:00am
Aussie, kiwi up

Aussie, kiwi up

The Australian and New Zealand dollars rose on Thursday from multi-month lows in a relief rally after US President Donald Trump pulled back from a threat to kill the North American Free Trade Agreement (NAFTA). Senior White House officials had said earlie
Published 28 Apr, 2017 12:00am
Students clash with police in Paris anti-election demo

Students clash with police in Paris anti-election demo

Student protesters clashed with police in Paris on Thursday in a demonstration against both presidential candidates in France's upcoming runoff election. Black-clad demonstrators who had broken off from the march of around 1,000 students hurled bottles at
Published 28 Apr, 2017 12:00am
Sri Lankan rupee little changed

Sri Lankan rupee little changed

The Sri Lankan rupee closed steady on Thursday in dull trade, but local bond yields fell after the government approved a proposal to double the borrowing limit on Sri Lanka Development Bonds to $3 billion this year, dealers said. The government said on We
Published 28 Apr, 2017 12:00am
Most Asian currencies weaken

Most Asian currencies weaken

Most emerging Asian currencies weakened on Thursday as risk sentiment remained fragile after much-awaited tax reform plans from US President Donal Trump did not boost investor confidence as expected. Traders were also wary ahead of the European Central Ba
Published 28 Apr, 2017 12:00am
China's yuan slips

China's yuan slips

China's yuan weakened against the US dollar on Thursday after the central bank set the midpoint at the lowest level in two weeks and as domestic companies sought greenback amid concerns the local currency could weaken further. The People's Bank of China s
Published 28 Apr, 2017 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Thursday. 80.23-80.23 (previous 80.13-80.13).
Published 28 Apr, 2017 12:00am
Dollar eases from highs in New York
Exchange

Dollar eases from highs in New York

The US dollar shed gains against major rivals on Wednesday after a White House tax reform announcement was viewed as lacking in new details, while the peso and Canadian dollar sank on reports that the US is considering withdrawing from the North American
Published 28 Apr, 2017 12:00am
Early trade in NY: Euro falls against dollar on dovish ECB tone

Early trade in NY: Euro falls against dollar on dovish ECB tone

The euro dipped against the US dollar on Thursday after European Central Bank chief Mario Draghi said policymakers did not discuss removing the bank's easing bias on monetary policy, while the dollar jumped against the Swedish crown after the Riksbank ext
Published 28 Apr, 2017 12:00am
Dollar gains against euro in Europe after ECB decision

Dollar gains against euro in Europe after ECB decision

The dollar gained against the euro on Thursday after the European Central Bank left interest rates unchanged, while Sweden's crown fell sharply after its central bank fed yet more money into its economy. The ECB left its interest rates and policy stance u
Published 28 Apr, 2017 12:00am
Government can achieve targets with traders' consultation: LCCI

Government can achieve targets with traders' consultation: LCCI

Business community is the driving force of the national economy, hence, consultation with it in trade, industry and economy-related policy matters will boost the confidence of the business community and lead to helping the government in achieving economic
Published 28 Apr, 2017 12:00am
EU defence co-operation speeding up: Mogherini

EU defence co-operation speeding up: Mogherini

EU defence integration is advancing faster than in other areas and could see key decisions made this year to boost co-operation, diplomatic chief Federica Mogherini said Thursday. Led by France and Germany, the European Union has identified defence co-ope
Published 28 Apr, 2017 12:00am
Merkel warns UK against Brexit 'illusions'

Merkel warns UK against Brexit 'illusions'

Germany's Angela Merkel told Britain Thursday it should have no "illusions" it would retain the rights of an EU member after Brexit, hardening the tone ahead of a summit of the remaining 27 nations. "A third-party state will not have the same rights or ev
Published 28 Apr, 2017 12:00am
Duterte curses New York Times over drug criticism

Duterte curses New York Times over drug criticism

Philippine President Rodrigo Duterte on Thursday called the New York Times an "asshole" and rejected fresh criticism of his deadly drug war as he began hosting Asian leaders ahead of a summit. Duterte let loose with the crude insult two days after the maj
Published 28 Apr, 2017 12:00am
Two Saudi soldiers killed in Yemen border

Two Saudi soldiers killed in Yemen border

Two Saudi soldiers were killed Thursday in a rocket attack near the border with war-torn Yemen, the interior ministry said. They died in a simultaneous landmine explosion and rocket attack while on duty patrolling the border around Jazan, the ministry sai
Published 28 Apr, 2017 12:00am
'Knives' seen as man held near UK parliament

'Knives' seen as man held near UK parliament

Police swooped on a man close to the Houses of Parliament in London on Thursday, with eyewitnesses telling AFP they saw knives on the ground. The incident comes a month after the March 22 attack in which a man drove into pedestrians, killing four, and sta
Published 28 Apr, 2017 12:00am
Poland inks deal to receive its first US natural gas

Poland inks deal to receive its first US natural gas

Poland, which is seeking energy independence from Russia, has signed a spot deal to receive liquefied natural gas from the United States, an industry official said. "It's the first shipment of US gas to Poland," Maciej Wozniak, vice-president of the PGNiG
Published 28 Apr, 2017 12:00am
NASA spacecraft survives dive through Saturn's rings

NASA spacecraft survives dive through Saturn's rings

An unmanned NASA spacecraft has survived its plunge between the rings of Saturn and, after briefly going dark for the flyby, is communicating again with Earth, the US space agency said Thursday. Cassini skimmed closer than any previous spacecraft to the s
Published 28 Apr, 2017 12:00am
Le Pen uses guerrilla tactics to unsettle Macron

Le Pen uses guerrilla tactics to unsettle Macron

French far-right presidential candidate Marine Le Pen hopped on to a fishing boat at dawn on Thursday as she pursued a guerrilla-style campaign that has upstaged frontrunner Emmanuel Macron. It was still dark when Le Pen boarded the trawler at the small p
Published 28 Apr, 2017 12:00am
Russian spy ship sinks off Turkey after collision

Russian spy ship sinks off Turkey after collision

A Russian naval spy ship on Thursday sank in the Black Sea off Turkey's coast after hitting a Togo-flagged vessel packed with livestock but all of its 78 crew were rescued by Turkish coastguards. The Russian military said the Liman - a former research shi
Published 28 Apr, 2017 12:00am
Nato chief says Turkey must show 'full respect' for rule of law

Nato chief says Turkey must show 'full respect' for rule of law

Nato chief Jens Stoltenberg warned Turkey on Thursday it must fully respect legal due process, as Ankara continues to make mass arrests after last July's failed coup. "Turkey has the right to protect itself and to prosecute those who were behind the faile
Published 28 Apr, 2017 12:00am
'Only few cases of chickenpox reported in Punjab'

'Only few cases of chickenpox reported in Punjab'

There is no epidemic of chickenpox in Punjab; however, individual cases are being reported from different districts, WHO provincial representative Dr Jamshed said. At present, six patients of chickenpox are admitted in the hospitals, out of them two patie
Published 28 Apr, 2017 12:00am
Opec output cuts whet Asia's appetite for North Sea oil

Opec output cuts whet Asia's appetite for North Sea oil

Opec production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip. Rising Asian appetite for North Sea crude has largely been fuelled by t
Published 28 Apr, 2017 12:00am
Power tariff: government asked to file concise statement

Power tariff: government asked to file concise statement

The Supreme Court on Thursday sought a concise statement from the government over pleas seeking court's directives for notification of determination of electricity tariff in accordance with the provisions of the Nepra Act in response to appeals filed agai
Published 28 Apr, 2017 12:00am
Power tariff: government asked to file concise statement

Power tariff: government asked to file concise statement

The Supreme Court on Thursday sought a concise statement from the government over pleas seeking court's directives for notification of determination of electricity tariff in accordance with the provisions of the Nepra Act in response to appeals filed agai
Published 28 Apr, 2017 12:00am
Power tariff: government asked to file concise statement

Power tariff: government asked to file concise statement

The Supreme Court on Thursday sought a concise statement from the government over pleas seeking court''s directives for notification of determination of electricity tariff in accordance with the provisions of the Nepra Act in response to appeals filed aga
Published 28 Apr, 2017 12:00am
ECB nods to euro zone recovery
Currency

ECB nods to euro zone recovery

The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the vigour of the euro zone economy, now on its best run since the global financial crisis. Despite cal
Published 28 Apr, 2017 12:00am
ECB nods to euro zone recovery
Currency

ECB nods to euro zone recovery

The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the vigour of the euro zone economy, now on its best run since the global financial crisis. Despite cal
Published 28 Apr, 2017 12:00am
ECB nods to euro zone recovery
Currency

ECB nods to euro zone recovery

The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the vigour of the euro zone economy, now on its best run since the global financial crisis. Despite cal
Published 28 Apr, 2017 12:00am
Syria accuses Israel of strike near Damascus airport

Syria accuses Israel of strike near Damascus airport

Syria accused Israel of firing several missiles Thursday at a military position near Damascus airport, triggering a huge explosion and prompting a call from regime ally Russia for restraint. Israel has carried out multiple air strikes in Syria since the c
Published 28 Apr, 2017 12:00am
Silkbank earns Rs 370.4 million operating profit in Q1

Silkbank earns Rs 370.4 million operating profit in Q1

The Board of Directors of Silkbank Limited in their meeting held on Wednesday declared an operating profit of Rs 370.4 million, with a profit after tax of Rs 136 million for the quarter ended March 31st 2017. All income metrics reflected improvement from
Published 28 Apr, 2017 12:00am
Silkbank earns Rs 370.4 million operating profit in Q1

Silkbank earns Rs 370.4 million operating profit in Q1

The Board of Directors of Silkbank Limited in their meeting held on Wednesday declared an operating profit of Rs 370.4 million, with a profit after tax of Rs 136 million for the quarter ended March 31st 2017. All income metrics reflected improvement from
Published 28 Apr, 2017 12:00am
German ex-leader Kohl awarded record damages over memoirs

German ex-leader Kohl awarded record damages over memoirs

A German court awarded former chancellor Helmut Kohl record damages Thursday in a lawsuit against his one-time ghost-writers for publishing an embarrassing unauthorised biography. The judges in the western city of Cologne ordered the book's two authors an
Published 28 Apr, 2017 12:00am
ECP refuses to allot electoral symbol to PTI

ECP refuses to allot electoral symbol to PTI

The Election Commission of Pakistan (ECP) declined a request of Pakistan Tehreek-e-Insaf (PTI) for allotment of electoral symbol "bat" until the party holds intra-party elections. The commission refused to allot the symbol to PTI in future elections till
Published 28 Apr, 2017 12:00am
CPJ demands lifting of ban on social media in IoK

CPJ demands lifting of ban on social media in IoK

The Committee to Protect Journalists (CPJ), an independent watchdog body, has asked India to immediately revoke a one-month ban on access to social media services in Occupied Kashmir where Indian security forces are attempting to crush a mass uprising aga
Published 28 Apr, 2017 12:00am
Pemra prohibits airing of terrorist's interview

Pemra prohibits airing of terrorist's interview

Pakistan Electronic Media Regulatory Authority (Pemra) Thursday banned airing of terrorist's interview. Tehreek-e-Taliban Pakistan (TTP) is a terrorist Organization and Ehsanullah Ehsan has been a spokesperson for this terrorist outfit, said a press relea
Published 28 Apr, 2017 12:00am
Pemra prohibits airing of terrorist's interview

Pemra prohibits airing of terrorist's interview

Pakistan Electronic Media Regulatory Authority (Pemra) Thursday banned airing of terrorist's interview. Tehreek-e-Taliban Pakistan (TTP) is a terrorist Organization and Ehsanullah Ehsan has been a spokesperson for this terrorist outfit, said a press relea
Published 28 Apr, 2017 12:00am
Thousands of revellers celebrate Dutch king's 50th birthday

Thousands of revellers celebrate Dutch king's 50th birthday

Hundreds of thousands of Dutch citizens on Thursday celebrated the 50th birthday of King Willem-Alexander with shows, parties and street sales with many sporting quirky outfits and hats in the national colour orange. The beaming monarch spent the day with
Published 28 Apr, 2017 12:00am
Thousands of revellers celebrate Dutch king's 50th birthday

Thousands of revellers celebrate Dutch king's 50th birthday

Hundreds of thousands of Dutch citizens on Thursday celebrated the 50th birthday of King Willem-Alexander with shows, parties and street sales with many sporting quirky outfits and hats in the national colour orange. The beaming monarch spent the day with
Published 28 Apr, 2017 12:00am
Mayor's power, funds: MQM-P approaches Supreme Court

Mayor's power, funds: MQM-P approaches Supreme Court

The MQM-Pakistan on Thursday urged the Supreme Court to issue directives to the concerned authorities for releasing Rs 29.36 billion to Karachi Metropolitan Corporation from its share of Octroi Zila Tax (OZT) along with mark-up and empowering the incumben
Published 28 Apr, 2017 12:00am
Mayor's power, funds: MQM-P approaches Supreme Court

Mayor's power, funds: MQM-P approaches Supreme Court

The MQM-Pakistan on Thursday urged the Supreme Court to issue directives to the concerned authorities for releasing Rs 29.36 billion to Karachi Metropolitan Corporation from its share of Octroi Zila Tax (OZT) along with mark-up and empowering the incumben
Published 28 Apr, 2017 12:00am
FBR unveils new list of 1,106 items for duty, tax exemption

FBR unveils new list of 1,106 items for duty, tax exemption

The Federal Board of Revenue (FBR) Thursday issued a new list of 1,106 locally manufactured items for granting exemptions/concessions of customs duty and sales tax on the import of different kinds of goods/items including engineering goods by the importer
Published 28 Apr, 2017 12:00am
FBR unveils new list of 1,106 items for duty, tax exemption

FBR unveils new list of 1,106 items for duty, tax exemption

The Federal Board of Revenue (FBR) Thursday issued a new list of 1,106 locally manufactured items for granting exemptions/concessions of customs duty and sales tax on the import of different kinds of goods/items including engineering goods by the importer
Published 28 Apr, 2017 12:00am
FBR unveils new list of 1,106 items for duty, tax exemption

FBR unveils new list of 1,106 items for duty, tax exemption

The Federal Board of Revenue (FBR) Thursday issued a new list of 1,106 locally manufactured items for granting exemptions/concessions of customs duty and sales tax on the import of different kinds of goods/items including engineering goods by the importer
Published 28 Apr, 2017 12:00am
Female clerics in Indonesia issue rare 'fatwas'

Female clerics in Indonesia issue rare 'fatwas'

Female Islamic clerics in Indonesia declared a series of fatwas Thursday, including one to tackle child marriage, a rare example of women taking a leading religious role in the Muslim-majority country. The fatwas - religious edicts that have no legal forc
Published 28 Apr, 2017 12:00am
Female clerics in Indonesia issue rare 'fatwas'

Female clerics in Indonesia issue rare 'fatwas'

Female Islamic clerics in Indonesia declared a series of fatwas Thursday, including one to tackle child marriage, a rare example of women taking a leading religious role in the Muslim-majority country. The fatwas - religious edicts that have no legal forc
Published 28 Apr, 2017 12:00am
Vinod Khanna dies

Vinod Khanna dies

Acclaimed Indian actor Vinod Khanna, who starred in dozens of hit Bollywood movies including "Amar Akbar Anthony" and "Mere Apne", died aged 70 from cancer Thursday, a Mumbai hospital said. Tributes poured in from the world of Hindi cinema for the award-w
Published 28 Apr, 2017 12:00am
Vinod Khanna dies

Vinod Khanna dies

Acclaimed Indian actor Vinod Khanna, who starred in dozens of hit Bollywood movies including "Amar Akbar Anthony" and "Mere Apne", died aged 70 from cancer Thursday, a Mumbai hospital said. Tributes poured in from the world of Hindi cinema for the award-w
Published 28 Apr, 2017 12:00am
Proposed right issues

Proposed right issues

Right issues proposed by companies listed on Pakistan Stock Exchange.

Published 28 Apr, 2017 12:00am
BOARD MEETINGS
Cotton

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 28 Apr, 2017 12:00am
Jandal an old friend of my father: Mariyam

Jandal an old friend of my father: Mariyam

Prime Minister Nawaz Sharif's daughter Maryam Nawaz on Thursday has said that Indian steel and mining tycoon Sajjan Jandal is an old friend of her father and there is "nothing secret" about the meeting between the two. "Mr. Jindal is an old friend of the
Published 28 Apr, 2017 12:00am
Jandal an old friend of my father: Mariyam

Jandal an old friend of my father: Mariyam

Prime Minister Nawaz Sharif's daughter Maryam Nawaz on Thursday has said that Indian steel and mining tycoon Sajjan Jandal is an old friend of her father and there is "nothing secret" about the meeting between the two. "Mr. Jindal is an old friend of the
Published 28 Apr, 2017 12:00am
Government decides to sue Imran

Government decides to sue Imran

Federal government has decided to sue Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan over his allegations that he was offered Rs 10 billion for keeping mum about the Panama Papers leaks case, a private news channel reported on Thursday. Quoting source
Published 28 Apr, 2017 12:00am
Government decides to sue Imran

Government decides to sue Imran

Federal government has decided to sue Pakistan Tehreek-e-Insaf (PTI) chairman Imran Khan over his allegations that he was offered Rs 10 billion for keeping mum about the Panama Papers leaks case, a private news channel reported on Thursday. Quoting source
Published 28 Apr, 2017 12:00am
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