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Nov 28, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2017-08-29
ABL holds awareness programme on Islamic banking

ABL holds awareness programme on Islamic banking

Creating awareness and developing clear understanding of the subject of Islamic Banking in the minds of masses is one of the basic key factors that may bring about tremendous success towards the growth of Islamic banking industry. Following the narrated o
Published 29 Aug, 2017 12:00am
Puma Energy, Admore Group announce joint venture

Puma Energy, Admore Group announce joint venture

Admore Group has announced that Puma Energy has entered into an agreement with the Chishti Group to acquire 51 percent interest in Admore Gas Pvt Ltd Admore is one of the leading independent Oil Marketing Companies (OMCs) in Pakistan with a significant re
Published 29 Aug, 2017 12:00am
Sindh minister slams: Imran's 'mudslinging' against PPP leadership

Sindh minister slams: Imran's 'mudslinging' against PPP leadership

The Sindh Minister for Works & Services, Imdad Ali Pitafi has said that PTI chairman Imran Khan's mudslinging against PPP leadership is provocative and we often find it hard to bridle PPP workers from reacting to it and paying back PTI chief in same coin.
Published 29 Aug, 2017 12:00am
Action against hospital's committee member demanded

Action against hospital's committee member demanded

The doctors of Red Crescent Institute of Cardiology and General Hospital Hyderabad strongly condemned the actions of a member of the executive committee of the hospital and demanded of the concerned authorities to take strict action against him. Addressin
Published 29 Aug, 2017 12:00am
PM convenes NSC meeting tomorrow

PM convenes NSC meeting tomorrow

Prime Minister Shahid Khaqan Abbasi has convened the meeting of National Security Committee (NSC) on Wednesday to review Pak-US relations. Cabinet members, top brass of civilian and military leadership and heads of departments will attend the meeting. For
Published 29 Aug, 2017 12:00am
Results of population census generate storm of controversy

Results of population census generate storm of controversy

The provisional results of the population census have generated a storm of controversy with all major parties, excepting the PML-N and its allies, contesting the results released by the Pakistan Bureau of Statistics. With the final population census data
Published 29 Aug, 2017 12:00am
Indian deputy HC summoned

Indian deputy HC summoned

The Director General (SA & SAARC), Dr Mohammad Faisal, summoned the Indian Deputy High Commissioner, J.P. Singh and condemned the unprovoked ceasefire violations by the Indian occupation forces in Rawalakot Sector on August 27, 2017 which resulted in mart
Published 29 Aug, 2017 12:00am
KCFR deliberates Pakistani response to Trump's policy

KCFR deliberates Pakistani response to Trump's policy

The Sectary General of Karachi Council on Foreign Relations (KCFR), a Think Tank body comprising of large number of former diplomats, retired generals, and prominent Businessmen and top Academicians representing various segments of the Pakistan society, i
Published 29 Aug, 2017 12:00am
Sharif family: NAB won't issue arrest warrants
Exchange

Sharif family: NAB won't issue arrest warrants

The National Accountability Bureau (NAB) will not issue arrest warrants for former Prime Minister Nawaz Sharif and his children in the Panama papers investigation following Supreme Court's authorization on August 26 to record the statements of the six-mem
Published 29 Aug, 2017 12:00am
NA session summoned today to discuss Trump's allegations

NA session summoned today to discuss Trump's allegations

President Mamnoon Hussain has summoned the National Assembly session today (Tuesday) to discuss and formulate a response to US President Donald Trump's allegations that militants enjoy a 'safe haven' inside Pakistan.
Published 29 Aug, 2017 12:00am
The Weather

The Weather

The weather report on Monday (August 28, 2017) and the forecast for Tuesday (August 29, 2017).

Published 29 Aug, 2017 12:00am
CoAS meets Tajik president

CoAS meets Tajik president

Chief of Army Staff General Qamar Javed Bajwa and Tajik President Emomali Rahmon has reiterated the importance of dialogue, regional cooperation and support to Afghan-led and Afghan-owned initiatives. General Qamar Javed Bajwa called on President of Tajik
Published 29 Aug, 2017 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (August 28, 2017).

Published 29 Aug, 2017 12:00am
NAB decides to challenge Zardari's acquittal

NAB decides to challenge Zardari's acquittal

National Accountability Bureau (NAB) has decided to challenge the acquittal of former President and Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari in illegal assets case. As per details made available here, the NAB will file a petition in Lahor
Published 29 Aug, 2017 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (August 28, 2017).

Published 29 Aug, 2017 12:00am
Finance minister grieved

Finance minister grieved

Finance Minister Senator Mohammad Ishaq Dar has expressed deep sense of shock and grief over the death of two FBR security guards, Tanzeem and Faqira in a firing incident outside FBR's Regional Tax Office (RTO-III), Gulistan-e-Jauhar Karachi, Monday after
Published 29 Aug, 2017 12:00am
CM directs action against illegal cattle markets

CM directs action against illegal cattle markets

The Punjab government on Monday ordered an action against illegal cattle markets set up in the provincial capital. Punjab Chief Minister Muhammad Shahbaz Sharif held a meeting to review arrangements for Eid-ul-Azha and cattle markets. While taking notice
Published 29 Aug, 2017 12:00am
3P Learning holds teachers training conference

3P Learning holds teachers training conference

3P Learning in collaboration with University of Education held Love Learning Conference with aimed at inspiring teachers and educators to think differently and creatively about teaching and learning, here on Saturday. The conference was attended by Associ
Published 29 Aug, 2017 12:00am
PR launches duplicate ticket generation system

PR launches duplicate ticket generation system

Pakistan Railways will now issue duplicate tickets to facilitate its passengers. Minister for Railways, Khawaja Saad Rafique and CEO Railways Javed Anwar inaugurated issuance of duplicate ticket generation system at Pakistan Railways headquarters. This pa
Published 29 Aug, 2017 12:00am
Facts matter so does clarity

Facts matter so does clarity

Pushtoon leader Mahmood Khan Achakzai is known for saying things frankly but indirectly. Speaking his mind in a recent National Assembly sitting, Achakzai tried to put his weight behind Nawaz Sharif who was disqualified by the apex court in the Panama Pap
Published 29 Aug, 2017 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (August 28, 2017)

Published 29 Aug, 2017 12:00am
Get out, and go quick: Brexit heartland stays defiant

Get out, and go quick: Brexit heartland stays defiant

In the rundown dock town of Tilbury on the eastern outskirts of London, backing for Brexit remains rock-solid, with uncompromising voters wanting Britain to get out of the EU, and get out fast. The British summer political break has been filled with talk
Published 29 Aug, 2017 12:00am
Cash going back into market is important

Cash going back into market is important

As bond markets brace for an end to ECB stimulus, reinvesting funds from maturing bonds the bank holds could prevent the kind of "taper tantrum" that sent yields soaring in 2013 after the US Federal Reserve signaled an end to its bond-buying scheme. The c
Published 29 Aug, 2017 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Monday (August 28, 2017).

Published 29 Aug, 2017 12:00am
Plight of small-scale manufacturing
Exchange

Plight of small-scale manufacturing

The role of FPCCI, PBC, APTMA and other associations of large firms is currently at its peak. Proposals are being put forward to the Prime Minister and heads of economic ministries for arresting the decline in exports, reducing the impact of cheap imports
Published 29 Aug, 2017 12:00am
Two related developments

Two related developments

The past weekend was characterized by two major developments. Accepting the plea of the National Accountability Bureau (NAB), the Supreme Court permitted the national anti-graft body to record the statements of members of the Joint Investigation Team (JIT
Published 29 Aug, 2017 12:00am
Census 2017

Census 2017

The census 2017 results have been released and disturbingly the rate of population growth has been estimated to be a lot higher than what was projected notably 2.4 percent per annum instead of the projected 1.8 percent. This difference is massive and refl
Published 29 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 28, 2017).

Published 29 Aug, 2017 12:00am
Tense truce returns to Yemen capital after deadly clash

Tense truce returns to Yemen capital after deadly clash

An uneasy calm returned to the Yemeni capital on Monday as talks were underway between ex-president Ali Abdullah Saleh's forces and Shia Huthi rebels following unprecedented violence between the two allies. Cracks have emerged in the rebel alliance betwee
Published 29 Aug, 2017 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (August 28, 2017).

Published 29 Aug, 2017 12:00am
Tense truce returns to Yemen capital after deadly clash

Tense truce returns to Yemen capital after deadly clash

An uneasy calm returned to the Yemeni capital on Monday as talks were underway between ex-president Ali Abdullah Saleh's forces and Shia Huthi rebels following unprecedented violence between the two allies. Cracks have emerged in the rebel alliance betwee
Published 29 Aug, 2017 12:00am
SBP not expecting any risks to HBL or banking industry

SBP not expecting any risks to HBL or banking industry

The State Bank of Pakistan (SBP) is not expecting imminent risks to Habib Bank Limited operations and banking industry of Pakistan. While, reacting to the New York State Department of Financial Services'' notice of a plenty to HBL''s New York Branch, SBP
Published 29 Aug, 2017 12:00am
SBP not expecting any risks to HBL or banking industry

SBP not expecting any risks to HBL or banking industry

The State Bank of Pakistan (SBP) is not expecting imminent risks to Habib Bank Limited operations and banking industry of Pakistan. While, reacting to the New York State Department of Financial Services' notice of a plenty to HBL's New York Branch, SBP sa
Published 29 Aug, 2017 12:00am
THE RUPEE: sharp gains

THE RUPEE: sharp gains

Sharp recovery was seen in the value of the rupee against the dollar on Monday in process of trading, dealers said. The rupee sustained it's overnight levels against the dollar for buying and selling at Rs 105.38 and Rs 105.40, they said.
Published 29 Aug, 2017 12:00am
SBP not expecting any risks to HBL or banking industry

SBP not expecting any risks to HBL or banking industry

The State Bank of Pakistan (SBP) is not expecting imminent risks to Habib Bank Limited operations and banking industry of Pakistan. While, reacting to the New York State Department of Financial Services' notice of a plenty to HBL's New York Branch, SBP sa
Published 29 Aug, 2017 12:00am
THE RUPEE: sharp gains

THE RUPEE: sharp gains

Sharp recovery was seen in the value of the rupee against the dollar on Monday in process of trading, dealers said. The rupee sustained it's overnight levels against the dollar for buying and selling at Rs 105.38 and Rs 105.40, they said.
Published 29 Aug, 2017 12:00am
Indian court jails Singh for 20 years, security tight

Indian court jails Singh for 20 years, security tight

An Indian judge sentenced a self-styled "godman", whose followers went on a deadly rampage after he was convicted of rape last week, to 20 years' jail on Monday, but a shoot-to-kill order, curfew and heavy police presence kept protesters at bay.
Published 29 Aug, 2017 12:00am
Indian court jails Singh for 20 years, security tight

Indian court jails Singh for 20 years, security tight

An Indian judge sentenced a self-styled "godman", whose followers went on a deadly rampage after he was convicted of rape last week, to 20 years' jail on Monday, but a shoot-to-kill order, curfew and heavy police presence kept protesters at bay.
Published 29 Aug, 2017 12:00am
India and Pakistan hit by spy malware

India and Pakistan hit by spy malware

Symantec Corp, a digital security company, says it has identified a sustained cyber spying campaign, likely state-sponsored, against Indian and Pakistani entities involved in regional security issues. In a threat intelligence report that was sent to clien
Published 29 Aug, 2017 12:00am
India and Pakistan hit by spy malware

India and Pakistan hit by spy malware

Symantec Corp, a digital security company, says it has identified a sustained cyber spying campaign, likely state-sponsored, against Indian and Pakistani entities involved in regional security issues. In a threat intelligence report that was sent to clien
Published 29 Aug, 2017 12:00am
Electrification schemes: Parliamentarians will now get less funds

Electrification schemes: Parliamentarians will now get less funds

Prime Minister Shahid Khaqan Abbasi has decided to slash funds for development of electrification schemes to parliamentarians from Rs 0.5 million to Rs 0.1 million under the two-year special development programme titled "Wazeer-e-Azam Qaumi Taraqiati Prog
Published 29 Aug, 2017 12:00am
Electrification schemes: Parliamentarians will now get less funds

Electrification schemes: Parliamentarians will now get less funds

Prime Minister Shahid Khaqan Abbasi has decided to slash funds for development of electrification schemes to parliamentarians from Rs 0.5 million to Rs 0.1 million under the two-year special development programme titled "Wazeer-e-Azam Qaumi Taraqiati Prog
Published 29 Aug, 2017 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 29 Aug, 2017 12:00am
Electrification schemes: Parliamentarians will now get less funds

Electrification schemes: Parliamentarians will now get less funds

Prime Minister Shahid Khaqan Abbasi has decided to slash funds for development of electrification schemes to parliamentarians from Rs 0.5 million to Rs 0.1 million under the two-year special development programme titled "Wazeer-e-Azam Qaumi Taraqiati Prog
Published 29 Aug, 2017 12:00am
Proposed LPG mix projects Relocation sought

Proposed LPG mix projects Relocation sought

The Ministry of Energy''s (MoE) Petroleum Division has proposed relocation of four proposed LPG mix projects after SNGPL site and route survey declared the proposed sites unfeasible, well-informed sources told Business Recorder. Pakistan is current
Published 29 Aug, 2017 12:00am
Proposed LPG mix projects Relocation sought

Proposed LPG mix projects Relocation sought

The Ministry of Energy's (MoE) Petroleum Division has proposed relocation of four proposed LPG mix projects after SNGPL site and route survey declared the proposed sites unfeasible, well-informed sources told Business Recorder. Pakistan is currentl
Published 29 Aug, 2017 12:00am
Proposed LPG mix projects Relocation sought

Proposed LPG mix projects Relocation sought

The Ministry of Energy's (MoE) Petroleum Division has proposed relocation of four proposed LPG mix projects after SNGPL site and route survey declared the proposed sites unfeasible, well-informed sources told Business Recorder. Pakistan is currentl
Published 29 Aug, 2017 12:00am
Chinese seek 'Silk Road' riches in Pakistan

Chinese seek 'Silk Road' riches in Pakistan

Zhang Yang, a businessman from Chongqing in southwest China, is searching online forums for fellow stout-hearted entrepreneurs willing to cast aside security concerns and join him on a scouting mission to Pakistan. Zhang, 48, is one of a growing number of
Published 29 Aug, 2017 12:00am
Experts for fully operational of 'Plant Breeders' Rights Act'

Experts for fully operational of 'Plant Breeders' Rights Act'

The government should ensure that the legal provisions of the "Plant Breeders' Rights Act 2016 (PBR)" become fully operational and breeders, research institutes and seed companies begin to capture the true value of their research efforts, encouraging inve
Published 29 Aug, 2017 12:00am
SBI, CGBC sign MoU to promote investment, trade in Sindh

SBI, CGBC sign MoU to promote investment, trade in Sindh

Sindh Board of Investment (SBI) and Czech-Gulf Business Council (CGBC) of Czech Republic have signed a Memorandum of Understanding (MoU) to promote investment and trade in Sindh province. According to SBI official, the MOU was inked by the chairperson SBI
Published 29 Aug, 2017 12:00am
Nestle, Zindagi Trust join hands to tackle malnutrition

Nestle, Zindagi Trust join hands to tackle malnutrition

Nestle Healthy Kids (NHK) programme in collaboration with Zindagi Trust conducted a four-day training for 42 teachers who will further reach out to 3,200 children between the ages of 4-18 years covering the essentials of nutrition and healthy living. Thro
Published 29 Aug, 2017 12:00am
Three civilians killed in Indian attack
Exchange

Three civilians killed in Indian attack

Pakistani police say Indian troops have fired across the Line of Control in Azad Kashmir, killing three civilians. Police official Ashfaq Hussain said Monday that shelling by Indian troops overnight hit a house in the Fatehpur area in Haveli district in A
Published 29 Aug, 2017 12:00am
KPT pensioners get pension in advance

KPT pensioners get pension in advance

In pursuance to government's instruction, Karachi Port Trust (KPT) has dispatched pension to its over 9000 pensioners through online methodology in advance to facilitate them in celebrating the upcoming Eid with great fervour. The online dispatch of pensi
Published 29 Aug, 2017 12:00am
Two FBR employees shot dead

Two FBR employees shot dead

Two security guards, posted outside the regional tax office of the Federal Board of Revenue (FBR) at Gulistan-e-Jauhar, were shot dead by unknown men as the tax office appeared feckless to enhance its security system, despite receiving red alerts from int
Published 29 Aug, 2017 12:00am
Two FBR employees shot dead

Two FBR employees shot dead

Two security guards, posted outside the regional tax office of the Federal Board of Revenue (FBR) at Gulistan-e-Jauhar, were shot dead by unknown men as the tax office appeared feckless to enhance its security system, despite receiving red alerts from int
Published 29 Aug, 2017 12:00am
Fetch more revenue, PM tells FBR

Fetch more revenue, PM tells FBR

Prime Minister Shahid Khaqan Abbasi has directed the Federal Board of Revenue (FBR) to adopt all legal ways and means available under the law to ensure collection of taxes and filing of returns by all those earning taxable income but not paying their due
Published 29 Aug, 2017 12:00am
Fetch more revenue, PM tells FBR

Fetch more revenue, PM tells FBR

Prime Minister Shahid Khaqan Abbasi has directed the Federal Board of Revenue (FBR) to adopt all legal ways and means available under the law to ensure collection of taxes and filing of returns by all those earning taxable income but not paying their due
Published 29 Aug, 2017 12:00am
Fetch more revenue, PM tells FBR

Fetch more revenue, PM tells FBR

Prime Minister Shahid Khaqan Abbasi has directed the Federal Board of Revenue (FBR) to adopt all legal ways and means available under the law to ensure collection of taxes and filing of returns by all those earning taxable income but not paying their due
Published 29 Aug, 2017 12:00am
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