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Dec 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-01-23
ANF seizes 673 kg of narcotics, arrests 30 traffickers

ANF seizes 673 kg of narcotics, arrests 30 traffickers

Anti Narcotics Force (ANF) Pakistan seized 673 Kg narcotics valuing Rs 658.66 Million internationally, arrested 30 persons including 2 women involved in drug smuggling and impounded 8 vehicles while conducting 22 counter-narcotics strikes across the count
Published 23 Jan, 2018 12:00am
FPCCI to hold Punjab Business Symposium today

FPCCI to hold Punjab Business Symposium today

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) will organize "Punjab Business Symposium" today (Tuesday). The symposium is aimed at highlighting the business community's concerns and opinions which would be submitted to the governmen
Published 23 Jan, 2018 12:00am
Senate body condemns rapes, killings of Zainab and Asma

Senate body condemns rapes, killings of Zainab and Asma

The Senate Standing Committee on Interior Monday strongly condemned the killings of Zainab and Asma after rape in Kasur and Mardan respectively and asked police to expedite efforts for arrest of culprits in order to give them exemplary punishment. The com
Published 23 Jan, 2018 12:00am
DHCL to raise Rs 7 billion funds in five years
Exchange

DHCL to raise Rs 7 billion funds in five years

Dawood Hercules Corporation Limited (DHCL) will raise funds in the form of rated, over the counter listed and secured sukuks (Islamic bonds) to the extent of Rs 7.0 billion for a period of five years. JS Bank has been awarded the mandate for this transact
Published 23 Jan, 2018 12:00am
DHCL to raise Rs 7 billion funds in five years
Exchange

DHCL to raise Rs 7 billion funds in five years

Dawood Hercules Corporation Limited (DHCL) will raise funds in the form of rated, over the counter listed and secured sukuks (Islamic bonds) to the extent of Rs 7.0 billion for a period of five years. JS Bank has been awarded the mandate for this transact
Published 23 Jan, 2018 12:00am
Justice Hani orders provision of potable water to citizens

Justice Hani orders provision of potable water to citizens

The Chairman of the Water Commission of the Supreme Court, former Justice Ameer Hani Muslim has expressed his annoyance over the dumps of garbage and dead animals into the Phuleli Canal and asked the authorities concerned to clean the canal within seven d
Published 23 Jan, 2018 12:00am
PPP will not allow democratic system's derailment: Khursheed

PPP will not allow democratic system's derailment: Khursheed

Leader of Opposition in the National Assembly, Syed Khursheed Ahmed Shah has said that Pakistan Peoples Party (PPP) is a democratic party and it will never let the system derail. He expressed these views while talking to parliamentary reporters here at hi
Published 23 Jan, 2018 12:00am
The Weather

The Weather

The weather report on Monday (January 22, 2018) and the forecast for Tuesday (January 23, 2018).

Published 23 Jan, 2018 12:00am
Seminary student tortured to death by teacher

Seminary student tortured to death by teacher

An eight-year-old seminary student was allegedly tortured to death by his teacher for not attending the classes regularly. The police arrested the teacher on Monday. SHO Bin Qasim Town, Dhani Bux Mari said that seminary teacher Qazi Nizamuddin brutally to
Published 23 Jan, 2018 12:00am
Naqeebullah's family reaches Karachi to seek justice

Naqeebullah's family reaches Karachi to seek justice

The aggrieved family of Naqeebullah Mehsud, who was gunned down in a 'fake' encounter on January 13, 2018, has reached Karachi to seek justice in the case of what they say 'extra judicial murder.' People from Mehsud tribe set up a stall to welcome them an
Published 23 Jan, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 22, 2018).

Published 23 Jan, 2018 12:00am
PFA, PSHC start free blood screening test for food sellers

PFA, PSHC start free blood screening test for food sellers

The Punjab Food Authority (PFA) in collaboration with Primary and Secondary Health Care (PSHC) Department kicked off "Free Blood Screening Test" for food sellers in order to facilitate them by giving free facility on their work place and ensure the safe f
Published 23 Jan, 2018 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (January 22, 2018).

Published 23 Jan, 2018 12:00am
PML-N needs no NRO, says Abbasi

PML-N needs no NRO, says Abbasi

Prime Minister Shahid Khaqan Abbasi Monday said that the Pakistan Muslim League-Nawaz (PML-N) needed no National Reconciliation Ordinance (NRO) because only the plunderers took its refuge as its incumbent government was ruling the country fairly and trans
Published 23 Jan, 2018 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (January 22, 2018).

Published 23 Jan, 2018 12:00am
ECP to announce Senate election schedule on February 10

ECP to announce Senate election schedule on February 10

The Election Commission of Pakistan (ECP) would announce schedule for Senate election on February 10 while polling for election of the chairman and the deputy chairman of the Upper House of the Parliament is likely to be held in March. Sources said that a
Published 23 Jan, 2018 12:00am
STPF 2018-2023: HCSTSI presents proposals to TDAP

STPF 2018-2023: HCSTSI presents proposals to TDAP

Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) has urged the Trade Development Authority of Pakistan to ensure maximum facilities to exporters so that exports could be enhanced.
Published 23 Jan, 2018 12:00am
Bilateral trade with Indonesia may grow manifold
Cotton

Bilateral trade with Indonesia may grow manifold

Pakistan is expecting its bilateral trade with Indonesia to grow manifold with grant of duty free access to 20 tariff lines under the ambit of Preferential Trade Agreement (PTA) which will formally be signed on the eve of Indonesian President Joko Widodo'
Published 23 Jan, 2018 12:00am
Mastercard offers 15 percent discount on 'flydubai'

Mastercard offers 15 percent discount on 'flydubai'

Mastercard holders in Pakistan can kick off the New Year with priceless travel experiences to destinations across the flydubai network with 15 percent discount* on return flights booked online on www.flydubai.com. Flydubai Open rewards members will benefi
Published 23 Jan, 2018 12:00am
200 LEDs confiscated

200 LEDs confiscated

Customs intelligence officials conducted a raid on a warehouse in Abid Market and confiscated more than 200 LEDs on Monday. Sources said the value of these smuggled LEDs is 25 million. They said the size of confiscated LEDs ranges from 42 to 80 inches. Th
Published 23 Jan, 2018 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (January 22, 2018)

Published 23 Jan, 2018 12:00am
Dar's contributions to country's economy

Dar's contributions to country's economy

This is apropos a Business Recorder op-ed that has sought to discuss the performance of the prime minister's secretariat under prime minister Shahid Khaqan Abbasi. The op-ed has argued among other things that the Abbasi "administration has been con
Published 23 Jan, 2018 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 (January 22, 2018).

Published 23 Jan, 2018 12:00am
A police state?

A police state?

The jury is still rightly out whether Pakistan is a democracy. And this question lingers despite the repeated reiterations by politicians and powerful institutions that democracy has arrived and is here to stay. Against these claims must be juxtaposed the
Published 23 Jan, 2018 12:00am
Twelfth Five-Year Plan

Twelfth Five-Year Plan

The Planning Commission is apparently in the process of preparing the Twelfth Five-Year Plan for Pakistan. This Plan will be for the period 2017-18 to 2022-23. A number of questions can be raised on the planning process at the Federal level at this time.
Published 23 Jan, 2018 12:00am
Cursing parliament

Cursing parliament

The row that has broken out over Imran Khan and Shaikh Rasheed's cursing parliament during their address at Tahirul Qadri's rally in Lahore the other day shows little sign of going away anytime soon. While the latter threatened to resign, the former curse
Published 23 Jan, 2018 12:00am
Another tax amnesty scheme on the cards?

Another tax amnesty scheme on the cards?

Prime Minister Shahid Khaqan Abbasi while addressing Pakistan Economic Forum organized by the Pakistan Business Council hinted at the launch of yet another tax amnesty scheme - this time focused on bringing back foreign assets held abroad by Pakistani nat
Published 23 Jan, 2018 12:00am
Louvre Abu Dhabi replaces map that omitted Qatar

Louvre Abu Dhabi replaces map that omitted Qatar

The Louvre Abu Dhabi said Monday it has replaced a map of the Arabian Peninsula that omitted Qatar, embroiled in a months-long diplomatic dispute with its Gulf neighbours. The museum said the map was an "oversight" that had been rectified. The map, one of
Published 23 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 22, 2018).

Published 23 Jan, 2018 12:00am
Louvre Abu Dhabi replaces map that omitted Qatar

Louvre Abu Dhabi replaces map that omitted Qatar

The Louvre Abu Dhabi said Monday it has replaced a map of the Arabian Peninsula that omitted Qatar, embroiled in a months-long diplomatic dispute with its Gulf neighbours. The museum said the map was an "oversight" that had been rectified. The map, one of
Published 23 Jan, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (January 22, 2018).

Published 23 Jan, 2018 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee almost managed to hold the present levels against the dollar on the money market on Monday in process of trading activity, dealers said. The rupee held the last level versus the dollar for buying Rs 112.00, while the national currency shed 10 pa
Published 23 Jan, 2018 12:00am
THE RUPEE: little changes
Currency

THE RUPEE: little changes

The rupee almost managed to hold the present levels against the dollar on the money market on Monday in process of trading activity, dealers said. The rupee held the last level versus the dollar for buying Rs 112.00, while the national currency shed 10 pa
Published 23 Jan, 2018 12:00am
US senators strike deal to end government shutdown

US senators strike deal to end government shutdown

US senators struck a deal on Monday to lift a three-day government shutdown and try to end a fight between Democrats and President Donald Trump's Republicans over immigration and border security. Legislation to renew federal funding to the government clea
Published 23 Jan, 2018 12:00am
US senators strike deal to end government shutdown

US senators strike deal to end government shutdown

US senators struck a deal on Monday to lift a three-day government shutdown and try to end a fight between Democrats and President Donald Trump's Republicans over immigration and border security. Legislation to renew federal funding to the government clea
Published 23 Jan, 2018 12:00am
Abbas wins renewed EU backing for Palestinian capital in East Jerusalem

Abbas wins renewed EU backing for Palestinian capital in East Jerusalem

The European Union assured President Mahmoud Abbas it supported his ambition to have East Jerusalem as capital of a Palestinian state, in the bloc's latest rejection of U.S. President Donald Trump's decision to recognise Jerusalem as Israel's capital. At
Published 23 Jan, 2018 12:00am
Abbas wins renewed EU backing for Palestinian capital in East Jerusalem

Abbas wins renewed EU backing for Palestinian capital in East Jerusalem

The European Union assured President Mahmoud Abbas it supported his ambition to have East Jerusalem as capital of a Palestinian state, in the bloc's latest rejection of U.S. President Donald Trump's decision to recognise Jerusalem as Israel's capital. At
Published 23 Jan, 2018 12:00am
AIG to buy Validus, expanding insurance offerings

AIG to buy Validus, expanding insurance offerings

Leading global insurer AIG announced a $5.6 billion deal Monday to purchase Validus Holdings, expanding its portfolio of insurance services. American International Group, Inc. will acquire all outstanding common shares of Validus, a leading provider of re
Published 23 Jan, 2018 12:00am
AIG to buy Validus, expanding insurance offerings

AIG to buy Validus, expanding insurance offerings

Leading global insurer AIG announced a $5.6 billion deal Monday to purchase Validus Holdings, expanding its portfolio of insurance services. American International Group, Inc. will acquire all outstanding common shares of Validus, a leading provider of re
Published 23 Jan, 2018 12:00am
AIG to buy Validus, expanding insurance offerings

AIG to buy Validus, expanding insurance offerings

Leading global insurer AIG announced a $5.6 billion deal Monday to purchase Validus Holdings, expanding its portfolio of insurance services. American International Group, Inc. will acquire all outstanding common shares of Validus, a leading provider of re
Published 23 Jan, 2018 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Jan, 2018 12:00am
Shahbaz criticises role of NAB

Shahbaz criticises role of NAB

Punjab Chief Minister Muhammad Shahbaz Sharif Monday said that the Chairman NAB should ask his staff that they should not turn themselves into the cronies of Pakistan People's Party (PPP) and Pakistan Tehreek-e-Insaf (PTI). "Don't make accountability a jo
Published 23 Jan, 2018 12:00am
Shahbaz criticises role of NAB

Shahbaz criticises role of NAB

Punjab Chief Minister Muhammad Shahbaz Sharif Monday said that the Chairman NAB should ask his staff that they should not turn themselves into the cronies of Pakistan People's Party (PPP) and Pakistan Tehreek-e-Insaf (PTI). "Don't make accountability a jo
Published 23 Jan, 2018 12:00am
NAB PG's slot: government asked to file reply over rejection of names

NAB PG's slot: government asked to file reply over rejection of names

Seeking a concise statement from federal secretary law over delay in appointment against the vacant slot of prosecutor general (PG) of National Accountability Bureau, the Supreme Court on Monday asked the federation to submit a reply over rejection of fiv
Published 23 Jan, 2018 12:00am
NAB PG's slot: government asked to file reply over rejection of names

NAB PG's slot: government asked to file reply over rejection of names

Seeking a concise statement from federal secretary law over delay in appointment against the vacant slot of prosecutor general (PG) of National Accountability Bureau, the Supreme Court on Monday asked the federation to submit a reply over rejection of fiv
Published 23 Jan, 2018 12:00am
$71.6 million loans procured from foreign banks in December
Libor

$71.6 million loans procured from foreign banks in December

The government procured $71.6 million commercial loans from foreign banks in December, bringing the total to $1.163 billion in the first half (July-December) of 2017-18. The government had budgeted $1 billion for the entire fiscal year 2017-18, however it
Published 23 Jan, 2018 12:00am
$71.6 million loans procured from foreign banks in December
Libor

$71.6 million loans procured from foreign banks in December

The government procured $71.6 million commercial loans from foreign banks in December, bringing the total to $1.163 billion in the first half (July-December) of 2017-18. The government had budgeted $1 billion for the entire fiscal year 2017-18, however it
Published 23 Jan, 2018 12:00am
$71.6 million loans procured from foreign banks in December
Libor

$71.6 million loans procured from foreign banks in December

The government procured $71.6 million commercial loans from foreign banks in December, bringing the total to $1.163 billion in the first half (July-December) of 2017-18. The government had budgeted $1 billion for the entire fiscal year 2017-18, however it
Published 23 Jan, 2018 12:00am
BoP, budgetary support: over $17 billion borrowed in four years

BoP, budgetary support: over $17 billion borrowed in four years

The government has borrowed $17.028 billion for balance of payment and budgetary support during last four years, official documents revealed. The government also borrowed US $7.050 billion for energy and power sector projects and $3.752 billion for transp
Published 23 Jan, 2018 12:00am
BoP, budgetary support: over $17 billion borrowed in four years

BoP, budgetary support: over $17 billion borrowed in four years

The government has borrowed $17.028 billion for balance of payment and budgetary support during last four years, official documents revealed. The government also borrowed US $7.050 billion for energy and power sector projects and $3.752 billion for transp
Published 23 Jan, 2018 12:00am
BoP, budgetary support: over $17 billion borrowed in four years

BoP, budgetary support: over $17 billion borrowed in four years

The government has borrowed $17.028 billion for balance of payment and budgetary support during last four years, official documents revealed. The government also borrowed US $7.050 billion for energy and power sector projects and $3.752 billion for transp
Published 23 Jan, 2018 12:00am
BRIndex100 stages rally
Exchange

BRIndex100 stages rally

A bullish trend continued on Pakistan Stock Exchange on the back of healthy buying, mainly by local investors and institutions. BRIndex100 gained 80.93 points or 1.7 percent to close at 4,836.10 points Monday. BRIndex100 touched intraday high of 4,838.32
Published 23 Jan, 2018 12:00am
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