News Archives for Print - 2017-11-15

PSO's Cards Division honoured with PMI Award

Pakistan State Oil Company Limited (PSO) has been honoured by Pakistan Chapter of the Project Management Institute - USA, by declaring it the [winner/runner-up] of the Project Management Professional Award 2017. The announcement came from a ceremony organ

Published 15 Nov, 2017 12:00am

PAC told: construction of Diamer-Bhasha dam to begin with local resources

Pakistan will start construction work on Diamer-Bhasha Dam through indigenous resources as international lenders are linking serious conditions with the provision of funding and the project cost has now reached US$14 billion against the original estimates

Published 15 Nov, 2017 12:00am

Balochistan coalmines: panel to raise ST issue of dumper trucks in Senate

The Functional Committee on Problems of Less Developed Areas has decided to take up the matter of discriminatory tax treatment with Balochistan in the Senate, as the Federal Board of Revenue (FBR) has refused to grant rebate on sales tax on dumper trucks

Published 15 Nov, 2017 12:00am

Martin Dow demonstrates commitment to fight against diabetes

On World Diabetes Day, Martin Dow, together with key medical institutions, is working on spreading awareness about the impact of diabetes on a person's life. According to the International Diabetes Federation (IDF), approximately 415 million adults have d

Published 15 Nov, 2017 12:00am

IBA training students from rural areas

The dean and director of the IBA Karachi, Dr Farrukh Iqbal, on Tuesday said the institute has provided training to approximately 1,000 candidates from poorer areas of Pakistan to enable them to be enrolled in higher education institutions. Addressing the

Published 15 Nov, 2017 12:00am

Sindh government asks PSQCA to vacate its head office

The Sindh government has asked the Pakistan Standards and Quality Control Authority (PSQCA) to vacate its head office at Block 77, Pakistan Secretariat in the Saddar area. The provincial government has issued a final notice to the PSQCA in this regard. Bu

Published 15 Nov, 2017 12:00am

PTCL's diabetes awareness programme

Pakistan Telecommunication Company Limited (PTCL) has organized a diabetes awareness program and medical camps to mark World Diabetes Day at Central Telegraph Office, Karachi. Senior Medical Officers Dr Iffat Fauzia, Dr Nauman Rizwan and Dr Tariq Saeed de

Published 15 Nov, 2017 12:00am

Bank Alfalah partners with Yayvo.com

Bank Alfalah and Yayvo.com signed a Memorandum of Understanding, allowing Bank Alfalah customers to conveniently purchase items from one of Pakistan's biggest e-commerce stores, further enhancing the scope of e-commerce and digital payments in the country

Published 15 Nov, 2017 12:00am

MSCI index: Pakistan weightage declines to 0.081 percent

The Morgan Stanley Capital International (MSCI) has announced November 2017 Semi-Annual Review, whereby Pakistan now has a weight of 0.081 percent as compared to 0.14 percent back in May 2017. Additionally, Pakistan's weight in the small-cap index has bee

Published 15 Nov, 2017 12:00am

MSCI index: Pakistan weightage declines to 0.081 percent

The Morgan Stanley Capital International (MSCI) has announced November 2017 Semi-Annual Review, whereby Pakistan now has a weight of 0.081 percent as compared to 0.14 percent back in May 2017. Additionally, Pakistan's weight in the small-cap index has bee

Published 15 Nov, 2017 12:00am

Banks, FIs extend over Rs 155 billion agriculture loans to farmers in Q1

Banks and financial institutions have extended over Rs 155 billion fresh agricultural loans to farmers for production and development purpose across the country in first quarter of on-going fiscal year (FY18). According to State Bank of Pakistan (SBP) wit

Published 15 Nov, 2017 12:00am

Banks, FIs extend over Rs 155 billion agriculture loans to farmers in Q1

Banks and financial institutions have extended over Rs 155 billion fresh agricultural loans to farmers for production and development purpose across the country in first quarter of on-going fiscal year (FY18). According to State Bank of Pakistan (SBP) wit

Published 15 Nov, 2017 12:00am

Many schools adopt UK child protection scheme

A number of schools in Pakistan have signed up to a UK-led child protection scheme designed to detect sex offenders who try to work with children. The International Child Protection Certificate (ICPC) allows overseas organisations which work with children

Published 15 Nov, 2017 12:00am

Winter rain turns weather pleasent in KP

The first winter rain which started in most parts of Khyber Pakhtunkhwa during the last 24 hours brought the mercury level down while clearing the environment and giving a fresh look to plants and trees. According to detail, the Met Office forecasted clou

Published 15 Nov, 2017 12:00am

Peshawar Airport: customs clearance for six days a week assured

Collector Customs, Peshawar Gul Rehman Marwat has assured the continuation of the process of Customs clearance at Peshawar Airport for six days a week after inclusion of Saturday and directed no delay in the renewal of the Customs licenses and keeping of

Published 15 Nov, 2017 12:00am

Currency

Pakistan can become gateway to Central Asia: Haroon

Special Assistant to the Prime Minister on Revenue, Haroon Khan Tuesday said Pakistan holds a very important strategic position on the world map due to its proximity to China, Russia and India and "we can become the gateway to Central Asia for oil and ene

Published 15 Nov, 2017 12:00am

Mutual Funds

SECP approves Shariah Advisors Regulations

In order to enhance the credibility of Islamic financial services sector, the Securities and Exchange Commission of Pakistan (SECP) has approved the Shariah Advisors Regulations, 2017. Framed under the Companies Act, 2017, these regulations will disciplin

Published 15 Nov, 2017 12:00am

Sectoral development: Anusha briefs Swedish envoy on key initiatives

Swedish Ambassador Ingrid Johnson called on Minister of State for IT & Telecom Anusha Rehman here at Islamabad on Tuesday. Various issues of mutual interest and promotion of bilateral cooperation in the arena of ICT and innovation were discussed at the me

Published 15 Nov, 2017 12:00am

Jhagra urges universities to impart quality education

Khyber Pakhtunkhwa Governor Engr Iqbal Zafar Jhagra has said that universities must focus on the provision of quality education and research as provision of quality education is important for the development of society. He was addressing a two-day Nationa

Published 15 Nov, 2017 12:00am

Fafen cautions against deviations from constitutional framework

Free and Fair Election Network (Fafen) has expressed serious concerns over the ongoing efforts to amend the 1973 Constitution seeking deviation from the basic constitutional framework that requires allocation of seats among all federating units on the bas

Published 15 Nov, 2017 12:00am

President highlights importance of space research, cyber technology

President Mamnoon Hussain has said that there is a need for expanding research in space and cyber technologies to meet present day's challenges on a number of fronts. He expressed these views while addressing the 5th International Conference on Aerospace

Published 15 Nov, 2017 12:00am

Exchange

ORM listed on PSX

Pakistan Stock Exchange Limited (PSX) has approved the application for formal listing and quotation of Certificates of Orient Rental Modaraba on completion of relevant requirements under the Listing of Companies and Securities Regulations of the Exchange.

Published 15 Nov, 2017 12:00am

PFVA hails Waheed's nomination for FPCCI VP's slot

The chairman of All Pakistan Fruit & Vegetable Exporters, Importers and Merchants Association (PFVA), Aslam Pakhali and Members of Executive Committee have praised leadership of the United Business Group (UBG) for their commendable efforts in resolving is

Published 15 Nov, 2017 12:00am

Sindh Assembly session: bill seeks seven-year jail, Rs 0.1 million fine for sellers of gutka, manpuri

During Sindh Assembly session, MPAs belonging to opposition parties on Tuesday raised concerns over the making and sales of counterfeit medicines and also questioned the PPP government's policy against the vendors and importers of spurious medicines. The

Published 15 Nov, 2017 12:00am

MPCL discovers gas from Tipu-1 exploration well

Mari Petroleum Company Limited (MPCL) has made a new significant gas discovery resulting from its new exploratory efforts at Tipu-1 exploration well, drilled in Mari D&P Lease Area, located in District Ghotki, Sindh. MPCL is the Operator of Mari D&P Lease

Published 15 Nov, 2017 12:00am

Property tax: minister calls for completion of Sukkur's GIS by March 31

Sindh Minister for Excise, Taxation and Narcotics Control, Mukesh Kumar Chawla, has directed the divisional GIS survey manager (urban unit) to complete the survey of property and professional tax in Sukkur with the support of concerned Excise and Taxation

Published 15 Nov, 2017 12:00am

KCCI chief for extension in IT returns' filing date till December 31

President of Karachi Chamber of Commerce and Industry (KCCI), Muffasar Atta Malik has said that the last date for filing Income Tax/Sales Tax Returns should be extended by December 31, 2017, to enable those taxpayers who had been facing problems in filing

Published 15 Nov, 2017 12:00am

Third international moot on water to begin on November 22

Leading international and national experts on water will share their views, findings and studies at the Third Karachi International Water Conference to be held here on November 21-22, 2017. This was announced by Zohair Ashir chairman of the Hisaar Foundat

Published 15 Nov, 2017 12:00am

PTA urges SBP to issue DLTL claims' procedure

Chairman of Pakistan Tanners Association (PTA) Amanullah Aftab has expressed his concern over inordinate delay in issuance of submission procedure against the SRO 1062 dated 20.10.2017 already issued by the Ministry of Commerce (MoC) for the new 'Drawback

Published 15 Nov, 2017 12:00am

IBA-CEIF signs MoU with AAOIFI

The Centre for Excellence in Islamic Finance (IBA-CEIF) has recently signed a memorandum of understanding (MoU) with the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Bahrain for strengthening and developing the Islamic

Published 15 Nov, 2017 12:00am

Partly Facetious: Complete traffic mayhem in capital

"It's now the second week I reckon of complete, and let me emphasize this, complete traffic mayhem in the capital city."

Published 15 Nov, 2017 12:00am

Police to assist PFA teams during raids

The Punjab police will provide necessary assistance to the Punjab Food Authority (PFA) teams during raids against adulterers, unhygienic eateries and food-related businesses across Punjab. Inspector General of Police (IGP) Punjab Arif Nawaz has issued dir

Published 15 Nov, 2017 12:00am

Government invites TLYR leaders for talks at last

The government on Tuesday invited leadership of Tehreek Labaik Ya Rasool Allah (TLYR) sit-in for negotiations and asked them to end the protest peacefully. "The government wants to give one more chance to the leaders of protestors for another round of tal

Published 15 Nov, 2017 12:00am

Exchange

SECP's directive to life insurers

The Securities and Exchange Commission of Pakistan (SECP has direct all life insurers to provide information about single premium life insurance policies having annual premium of Rs 5 million or above to counter potential threat of money laundering activi

Published 15 Nov, 2017 12:00am

Death penalty: Babar calls for wide-ranging national debate

Pakistan Peoples Party (PPP) Senator Farhatullah Babar on Tuesday called for a wide ranging national debate involving all strata of society including political parties, lawyers, religious scholars, intellectuals and academia on awarding death penalty in a

Published 15 Nov, 2017 12:00am

PM's Education Reform Programme 100 projects being implemented in Islamabad: Marriyum

Under the Prime Minister's Education Programme, 100 projects involving construction of class rooms, setting up of science laboratories, provision of drinking water, health care, up-gradation of toilets, and construction of pilot women and girls' toilets a

Published 15 Nov, 2017 12:00am

Cotton

Sugar export quota: inter-ministerial body recommends increase

An inter-ministerial committee headed by Commerce Minister has, reportedly, recommended enhancement of sugar export quota to 1.5 million tons from 0.5 million tons with a freight subsidy of Rs 10.70 per kg to facilitate timely start of crushing season and

Published 15 Nov, 2017 12:00am

Highest cases of diabetics reported in Sindh

Sindh has the highest number of diabetics in Pakistan and the incidence of lifestyle disease is as high as 30.2 percent in the province while Khyber Pakhtunkhwa has the lowest incidence of the disease, which is 12.9 percent. Overall incidence of the diabe

Published 15 Nov, 2017 12:00am

Conference on 'Migration and Displacement' begins at GCU

An international conference on "Migration and Displacement" Tuesday began at the Government College University Lahore under the auspices of Political Science Department and Centre of China Studies. Punjab Governor Malik Muhammad Rafique Rajwana the Chief

Published 15 Nov, 2017 12:00am

Strict criterion of justice only for Nawaz family, tweets Maryam

Strict criterion of justice has been adopted only for Nawaz Sharif and his family, Maryam Nawaz said on Tuesday. Minutes after an anti-terrorism court granted bail to chairman of Pakistan Tehreek-e-Insaf (PTI) Imran Khan in four under-trial cases, Maryam

Published 15 Nov, 2017 12:00am

Exchange

Aizaz hopeful of a rebound in Pak-US ties

Ambassador Aizaz Ahmad Chaudhry has expressed the hope of a rebound in ties between Pakistan and the United States despite the current challenges. "Pakistan remained committed to working together with the United States to bring ties back on track. Recent

Published 15 Nov, 2017 12:00am

US asks Pakistan to repeal blasphemy laws

The United States has urged Pakistan to repeal blasphemy laws and also take steps including enacting a legislation to penalize human trafficking. Jesse Bernstein, representing US at the Universal Periodic Review (UPR) held in Geneva on Monday, asked Pakis

Published 15 Nov, 2017 12:00am

Ahsan not likely to replace Dar as finance minister

Ishaq Dar's replacement by Ahsan Iqbal as member of the Council of Common Interests (CCI) is not an indication of his replacement as finance minister anytime soon, sources revealed to this correspondent. The federal government replaced Ishaq Dar with Inte

Published 15 Nov, 2017 12:00am

Imran optimistic about PTI's government in all provinces

Expressing confidence over his party's performance in Khyber Pakhtunkhwa, chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan on Tuesday showed optimism of forming governments in all four provinces after next general election. Speaking at a function organi

Published 15 Nov, 2017 12:00am

FFBL increases DAP prices by Rs 50/bag

Fauji Fertilizer Bin Qasim Limited (FFBL) has increased DAP prices by Rs 50.00 per bag to Rs 2,670.00 per bag. The price increase will be effective from today (November 15, 2017). Other players in the industry have also increased DAP prices and revised av

Published 15 Nov, 2017 12:00am

Dual nationality: Senate body seeks briefing from ministry's officials

A sub-committee of Senate Standing Committee on Interior has sought detailed briefing from Foreign Ministry on the issue of dual nationality arrangement with Malaysia for overseas Pakistanis. The sub-committee met with Nawab Muhammad Yousaf Talpur in the

Published 15 Nov, 2017 12:00am

Bajwa visits Mangla's 'strike corps'

Chief of Army Staff General Qamar Javed Bajwa said on Tuesday that Pakistan has come a long way to respond to challenges and the country is bound to rise if the nation stays united. While interacting with Mangla Corps troops, the CoAS appreciated state of

Published 15 Nov, 2017 12:00am

Faizabad Interchange: IHC to hear petition against sit-in today

A single-member bench of Islamabad High Court comprising Justice Shaukat Aziz Siddiqui will take up a petition today seeking directives for Islamabad administration to take action against a prolonged sit-in at Faizabad Interchange of twin cities by non-st

Published 15 Nov, 2017 12:00am

Pakistan demands crackdown against terrorists using Afghan soil

Pakistan following the terrorist attack that resulted in loss of lives of two security personnel, urged Afghanistan on Tuesday to crackdown on terrorist outfits taking refuge on its soil and attacking Pakistani troops from across the border. "Pakistan has

Published 15 Nov, 2017 12:00am

Post-census survey expenses being estimated: PBS

Pakistan Bureau of Statistics (PBS) is preparing a proposal to estimate the financial cost of post enumeration survey of one percent of the total blocks of census to address reservations of political parties on sixth population census.

Published 15 Nov, 2017 12:00am

Water scarcity in Gwadar

The most precious commodity in the entire Gwadar district is water; its protection is secured with a luck. The theft of water in Gwadar is therefore plausibly described as a major crime. Water scarcity is Gwadar's number one woe. It is therefore heartenin

Published 15 Nov, 2017 12:00am

Smog in the air: one cannot remain smug

That climate change is spawning a range of problems to the earth should be of no longer surprise. One cannot afford to have smug complacency on the climate effect. Contrary to some denialists of climate change, its hazards are growing day-by-day.

Published 15 Nov, 2017 12:00am

Exchange

Challenges again!

Curiously while the voting populace is embroiled in figuring out who bought his cruiser how, and struggles to solve the mystery of who might or might not be the next Finance Minister out of the names floating on the grapevine, if we have to have a new one

Updated 15 Nov, 2017 08:33am

Global agenda for tackling inequality

The Great Leveler, an impressive new book by the historian Walter Scheidel, proposes that ever since foraging gave way to agriculture, high and rising inequality has been the norm in politically stable and economically functional countries. And the only t

Published 15 Nov, 2017 12:00am

Cotton

Anomalies in imposition of RD

The regulatory duties (RD) imposed on the import of 713 items about a month ago have been criticised by industrial and commercial sectors of the country. According to Minister of Commerce and Textile, Pervaiz Malik, his ministry had received presentations

Updated 15 Nov, 2017 07:10am

2018 polls now in sight

It is heartening that sanity ultimately prevailed among the representatives of the federation and the provinces on the issue of delimitation of constituencies and reallocation of National Assembly seats based on the provisional results of the 2017 census.

Published 15 Nov, 2017 12:00am

SBP amends AML/CFT regulations

The State Bank of Pakistan (SBP) Tuesday announced amendment in Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regulations. According to BPRD Circular Letter No. 29 of 2017, several documents are required under AML/CFT Regulation

Published 15 Nov, 2017 12:00am

SBP amends AML/CFT regulations

The State Bank of Pakistan (SBP) Tuesday announced amendment in Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regulations. According to BPRD Circular Letter No. 29 of 2017, several documents are required under AML/CFT Regulation

Published 15 Nov, 2017 12:00am

SBP amends AML/CFT regulations

The State Bank of Pakistan (SBP) Tuesday announced amendment in Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regulations. According to BPRD Circular Letter No. 29 of 2017, several documents are required under AML/CFT Regulation

Published 15 Nov, 2017 12:00am

Banking companies: FBR extends applicability of Super Tax

The Federal Board of Revenue (FBR) has extended applicability of Super Tax on banking companies for tax year 2017. In this regard, the FBR has issued SRO 1173(I)/2017, here on Tuesday to amend rule 7C of the Seventh Schedule of the Income Tax Ordinance, 2

Published 15 Nov, 2017 12:00am

The Weather

The weather report on Tuesday (November 14, 2017) and the forecast for Wednesday (November 15, 2017).

Published 15 Nov, 2017 12:00am

Banking companies: FBR extends applicability of Super Tax

The Federal Board of Revenue (FBR) has extended applicability of Super Tax on banking companies for tax year 2017. In this regard, the FBR has issued SRO 1173(I)/2017, here on Tuesday to amend rule 7C of the Seventh Schedule of the Income Tax Ordinance, 2

Published 15 Nov, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

Banking companies: FBR extends applicability of Super Tax

The Federal Board of Revenue (FBR) has extended applicability of Super Tax on banking companies for tax year 2017. In this regard, the FBR has issued SRO 1173(I)/2017, here on Tuesday to amend rule 7C of the Seventh Schedule of the Income Tax Ordinance, 2

Published 15 Nov, 2017 12:00am

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

Cotton

Import of cotton: restrictions may be withdrawn from December 1

The Federal government is likely to withdraw restrictions on import of cotton from December 1, 2017 aimed at allowing textile industry to import raw material at a competitive price, well-informed sources told Business Recorder. The sources said the

Published 15 Nov, 2017 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 15 Nov, 2017 12:00am

Cotton

Import of cotton: restrictions may be withdrawn from December 1

The Federal government is likely to withdraw restrictions on import of cotton from December 1, 2017 aimed at allowing textile industry to import raw material at a competitive price, well-informed sources told Business Recorder. The sources said the

Published 15 Nov, 2017 12:00am

Exchange

LME official prices

The following were Monday official prices.

Published 15 Nov, 2017 12:00am

Cotton

Import of cotton: restrictions may be withdrawn from December 1

The Federal government is likely to withdraw restrictions on import of cotton from December 1, 2017 aimed at allowing textile industry to import raw material at a competitive price, well-informed sources told Business Recorder. The sources said the

Published 15 Nov, 2017 12:00am

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

At least three killed in shooting at California school

At least three people were killed and two children were wounded Tuesday in a shooting at a school in rural Northern California, authorities said. The shooting broke out at a home in Tehama County and continued at the Rancho Tehama Elementary School, local

Published 15 Nov, 2017 12:00am

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (November 14, 2017)

Published 15 Nov, 2017 12:00am

At least three killed in shooting at California school

At least three people were killed and two children were wounded Tuesday in a shooting at a school in rural Northern California, authorities said. The shooting broke out at a home in Tehama County and continued at the Rancho Tehama Elementary School, local

Published 15 Nov, 2017 12:00am

Lahore Paper Market Rates

Paper market rates in rupees on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

PSO restores supply of jet fuel to PIA

Pakistan State Oil (PSO) has restored supply of jet fuel to Pakistan International Airlines (PIA) on the assurance of PIA management for payment of outstanding dues as per agreement. The PSO continued the supply of fuel to PIA despite outstanding dues of

Published 15 Nov, 2017 12:00am

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

PSO restores supply of jet fuel to PIA

Pakistan State Oil (PSO) has restored supply of jet fuel to Pakistan International Airlines (PIA) on the assurance of PIA management for payment of outstanding dues as per agreement. The PSO continued the supply of fuel to PIA despite outstanding dues of

Published 15 Nov, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

PSO restores supply of jet fuel to PIA

Pakistan State Oil (PSO) has restored supply of jet fuel to Pakistan International Airlines (PIA) on the assurance of PIA management for payment of outstanding dues as per agreement. The PSO continued the supply of fuel to PIA despite outstanding dues of

Published 15 Nov, 2017 12:00am

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

FBR''s field formation getting nowhere on Panama probe

Federal Board of Revenue (FBR) has directed its field formation to expedite investigation against the persons having investments in offshore companies in Panama; it was learnt here. According to sources, the board after the Panamagate initiated an audit e

Published 15 Nov, 2017 12:00am

Dollar's rate in interbank market

Interbank closing rates for dollar on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

FBR's field formation getting nowhere on Panama probe

Federal Board of Revenue (FBR) has directed its field formation to expedite investigation against the persons having investments in offshore companies in Panama; it was learnt here. According to sources, the board after the Panamagate initiated an audit e

Published 15 Nov, 2017 12:00am

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

FBR's field formation getting nowhere on Panama probe

Federal Board of Revenue (FBR) has directed its field formation to expedite investigation against the persons having investments in offshore companies in Panama; it was learnt here. According to sources, the board after the Panamagate initiated an audit e

Published 15 Nov, 2017 12:00am

Currency

THE RUPEE: no visible change

The rupee was unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert in relation to the dollar for buying at Rs 105.44 while it shed one paisa for selling and Rs 105.46, they said.

Published 15 Nov, 2017 12:00am

HSBC to pay 300 million euros to avoid French tax fraud trial

HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay 300 million euros ($352 million) to avoid going to trial in France for enabling tax fraud, prosecutors said Tuesday. HSBC was accused last year of helping French clients to hide at l

Published 15 Nov, 2017 12:00am

Currency

THE RUPEE: no visible change

The rupee was unchanged against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee was inert in relation to the dollar for buying at Rs 105.44 while it shed one paisa for selling and Rs 105.46, they said.

Published 15 Nov, 2017 12:00am

HSBC to pay 300 million euros to avoid French tax fraud trial

HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay 300 million euros ($352 million) to avoid going to trial in France for enabling tax fraud, prosecutors said Tuesday. HSBC was accused last year of helping French clients to hide at l

Published 15 Nov, 2017 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

HSBC to pay 300 million euros to avoid French tax fraud trial

HSBC Private Bank, a Swiss unit of banking giant HSBC, has agreed to pay 300 million euros ($352 million) to avoid going to trial in France for enabling tax fraud, prosecutors said Tuesday. HSBC was accused last year of helping French clients to hide at l

Published 15 Nov, 2017 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

Section 241 of election law suspended

Suspending the Section 241 of the Election Act, 2017 relating to the Khatam-e-Nabuwat (Finality of Prophethood) till final adjudication in response to a plea seeking annulment of the Act, Islamabad High Court on Tuesday issued notices to respondents, incl

Published 15 Nov, 2017 12:00am

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Tuesday (November 14, 2017).

Published 15 Nov, 2017 12:00am

Section 241 of election law suspended

Suspending the Section 241 of the Election Act, 2017 relating to the Khatam-e-Nabuwat (Finality of Prophethood) till final adjudication in response to a plea seeking annulment of the Act, Islamabad High Court on Tuesday issued notices to respondents, incl

Published 15 Nov, 2017 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (November 14, 2017)

Published 15 Nov, 2017 12:00am

Nawaz's plea: IHC issues notice to NAB

Islamabad High Court Tuesday issued notice to National Accountability Bureau (NAB) over ousted Prime Minister Nawaz Sharif's plea against Accountability Court's order that dismissed his plea for clubbing three corruption references filed against the Shari

Published 15 Nov, 2017 12:00am

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Tuesday (November 14, 2017)

Published 15 Nov, 2017 12:00am

Nawaz's plea: IHC issues notice to NAB

Islamabad High Court Tuesday issued notice to National Accountability Bureau (NAB) over ousted Prime Minister Nawaz Sharif's plea against Accountability Court's order that dismissed his plea for clubbing three corruption references filed against the Shari

Published 15 Nov, 2017 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 4	277.99
USD PKR Interbank Buying / Nov 4	277.79
USD to Japanese Yen / Nov 4	152.16
USD to Swiss Franc / Nov 4	0.86
Pound Sterling to USD / Nov 4	1.30
Euro to USD / Nov 4	1.09

Stock	Volume
S&P 500 / Nov 4	5,712.69
Nasdaq / Nov 4	18,179.98
FTSE 100 / Nov 4	8,184.24
Dow Jones / Nov 4	41,794.60
Germany DAX 30 / Nov 4	19,147.85
France CAC40 / Nov 4	7,371.71
India Sensex / Nov 5	78,731.05
Tokyo Nikkei / Nov 5	38,537.29

Item	Value
Crude Oil USD/Barrel / Nov 4	71.65
Karachi Cotton PKR/37.32 KG / Nov 4	18,085
Gold 10 Grams PKR / Nov 4	244,227
Gold Spot USD/Ounce / Nov 4	2,745.40
Cotton US¢/pound / Nov 4	69.93
Petrol/Litre / Nov 5	248.38

Stock	Price
786 Invest Ltd / Nov 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 5 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 5 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 5 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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