News Archives for Print - 2018-01-25 - Business Recorder

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Dec 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2018-01-25

Sugarcane price: Sindh Cabinet asks agriculture department to find workable solution

Sugarcane price: Sindh Cabinet asks agriculture department to find workable solution

The Sindh Cabinet meeting was held here under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah to discuss the sugarcane price and the dispute between the growers and sugar millers on the price; the meeting decided to allow the agriculture depa

Published 25 Jan, 2018 12:00am

MS/M Phil pre-entry test at SU on January 27

MS/M Phil pre-entry test at SU on January 27

Sindh University (SU) pre-entry test for admission to MS/M. Phil degrees programmes has been scheduled for January 27, 2018. The test will take place at Arts Faculty building of SU main campus at Jamshoro. A high-profile meeting to review arrangements in

Published 25 Jan, 2018 12:00am

Factors strengthening women empowerment identified

Factors strengthening women empowerment identified

Empowerment in its totality simply does not mean to give power to someone but to understand the factors which are bringing women down in our society and giving them enough strength, support and to help them achieve what they deserve.

Published 25 Jan, 2018 12:00am

Pulses import bill down by 27 percent in July-December 2017

Pulses import bill down by 27 percent in July-December 2017

Pakistan's import bill for pulses slumped to $269.929 million in July-December 2017, down by 27.28 per cent, official figures say. Decline in pulses import stands at $101.248 million in July-December 2017 from $371.177 million in July-December 2016, Pakis

Published 25 Jan, 2018 12:00am

No leniency granted to Rao Anwar, says Murad

No leniency granted to Rao Anwar, says Murad

Sindh Chief Minister Syed Murad Ali Shah has said that no leniency has been granted to former SSP Malir Rao Anwar and no NOC issued to him, adding that the PPP always condemned the extrajudicial killings and would not allow anyone to do so.

Published 25 Jan, 2018 12:00am

Country's GDP can be tripled by boosting Marine economy: CNS

Country's GDP can be tripled by boosting Marine economy: CNS

Chief of the Naval Staff Admiral Zafar Mahmood Abbasi has said that through mutual cooperation and joint efforts with the business community the country's maritime economy can be boosted and Pakistan's gross domestic product growth can be tripled.

Published 25 Jan, 2018 12:00am

'H1N1 influenza epidemic to be effectively controlled in two weeks'

'H1N1 influenza epidemic to be effectively controlled in two weeks'

Technical committee on seasonal influenza H1N1, which met under the chairmanship of professor Faisal Masood Vice Chancellor University of Health Sciences here on Wednesday, observed that H1N1 influenza epidemic would be effectively controlled within two w

Published 25 Jan, 2018 12:00am

PHEC chief calls for market-based education

PHEC chief calls for market-based education

Punjab Higher Education Commission Chairman Professor Dr Nizamuddin has called upon the need to trace reasons behind unemployment and provide market-oriented education to the students at institutions of higher learning. He was addressing the degree awardi

Published 25 Jan, 2018 12:00am

'Resistivity survey can enhance agriculture productivity'

'Resistivity survey can enhance agriculture productivity'

Exploitation of groundwater resources is the only option that farmers have undertaken for increasing their water supplies to overcome the canal water scarcity and to get more control over irrigation water supplies. Tube-wells can be installed in areas hav

Published 25 Jan, 2018 12:00am

Record sale of motorcycles in first half

Record sale of motorcycles in first half

The production and sale of motorcycles and three wheelers achieved new heights in the first half of FY 2017-18 as data of 13 manufacturing units showed that a total of 940,825 motorcycles and three-wheelers were sold from 1st July till 31st December 2017

Published 25 Jan, 2018 12:00am

Oil tankers' strike continues

Oil tankers' strike continues

Various cities of the country may face fuel shortages in coming days as the strike of All Pakistan Oil Tanker Owners' Association (APOTOA) entered 3rd consecutive day on Wednesday after negotiations with Pakistan State Oil (PSO) and National Logistic Cell

Published 25 Jan, 2018 12:00am

NAB briefs Senate body on references

NAB briefs Senate body on references

The Senate Standing Committee on Law and Justice in its meeting on Wednesday was given a detailed briefing by National Accountability Bureau (NAB) about the number of inquiries, investigations and references during the past three years, says a press relea

Published 25 Jan, 2018 12:00am

Retail prices: milk retailers stage sit-in outside KPC

Retail prices: milk retailers stage sit-in outside KPC

Milk retailers on Wednesday staged a sit in outside Karachi Press Club (KPC), demanding increase of Rs 30 per liter of milk as per their claims the retailers are incurring losses due to existing retail prices of Rs 85 per liter. Dairy farmers are of the v

Published 25 Jan, 2018 12:00am

CPEC to boost Pakistan's economy: Dhedhi

Exchange

CPEC to boost Pakistan's economy: Dhedhi

The China-Pakistan Economic Corridor will become a game-changer for Pakistan's economy, said Aqeel Karim Dhedhi, in an address as the key note speaker during a lecture held by the Rice Exporters Association of Pakistan on Wednesday. "CPEC is a good dream

Published 25 Jan, 2018 12:00am

Imran extends full support to CPEC projects

Imran extends full support to CPEC projects

Ambassador of Peoples Republic of China H.E Yao Jing called on Chairman Pakistan Tehreek e Insaf Imran Khan at Chairman's Secretariat Islamabad today. Chairman PTI expressed satisfaction at the growing friendly party to party relations between PTI and CPC

Published 25 Jan, 2018 12:00am

Clapping during press conference: Shahbaz should apologise for his mistake: Khursheed

Clapping during press conference: Shahbaz should apologise for his mistake: Khursheed

Leader of Opposition in the National Assembly, Syed Khursheed Ahmed Shah on Wednesday expressed anger over Chief Minister Punjab Shahbaz Sharif's clapping at a press conference after arresting minor Zainab's murderer. Speaking on the floor of the National

Published 25 Jan, 2018 12:00am

'Public hanging': Senate fails to reach consensus on amending PPC 364A

'Public hanging': Senate fails to reach consensus on amending PPC 364A

A divided Senate on Wednesday failed to reach a consensus on making amendment to Section 364A of Pakistan Penal Code (PPC) for public hanging of those found guilty of raping or murdering children. After Kasur incident wherein a seven-year-old girl Zainab

Published 25 Jan, 2018 12:00am

Senate adopts bill to separate PIMS from SZABMU

Senate adopts bill to separate PIMS from SZABMU

The Senate on Wednesday passed a bill for separating Pakistan Institute of Medical Sciences (PIMS) from Shaheed Zulfiqar Ali Bhutto Medical University (SZABMU). Opposition Leader in Senate Aitzaz Ahsan said that his party did not oppose the bill as the go

Published 25 Jan, 2018 12:00am

General Mikhail briefed on CPEC investment opportunities

General Mikhail briefed on CPEC investment opportunities

Minister for Defence Engineer Khurram Dastgir Wednesday called on Permanent Chairman of the European Union Military Committee (CEUMC), General Mikhail Kostarakos. During the meeting, both the sides discussed issues of mutual interest and agreed to enhance

Published 25 Jan, 2018 12:00am

ADB accused of delaying project: construction cost of M-4 jumps by over Rs 30 billion

ADB accused of delaying project: construction cost of M-4 jumps by over Rs 30 billion

National Highway Authority (NHA) has revised PC-1 upward for construction of Faisalabad-Khanewal Motorway (M-4) from Rs 28.56 billion to Rs 60.82 billion, blaming the stringent land acquisition policies of Asian Development Bank (ADB) for delay in project

Published 25 Jan, 2018 12:00am

Financial wrongdoings: NAB receives six complaints against NTS, Senate told

Financial wrongdoings: NAB receives six complaints against NTS, Senate told

The Senate was informed on Wednesday that National Accountability Bureau (NAB) has received as many as six complaints against National Testing Service (NTS) pertaining to financial wrongdoing, cheating and leakage of question papers through social media.

Published 25 Jan, 2018 12:00am

Ahsan tells National Assembly: visa policy made transparent for promoting tourism

Ahsan tells National Assembly: visa policy made transparent for promoting tourism

Interior Minister Ahsan Iqbal has said that there is no change in visa policy and the government is determined to provide maximum facilities to foreign investors and tourists by fulfilling the conditions of security and bilateral agreement.

Published 25 Jan, 2018 12:00am

FCCI donates Rs 0.5 million to SMT Hospital

FCCI donates Rs 0.5 million to SMT Hospital

Healthy individuals are imperative to contribute their productive role in the overall development of society and in this connection a comprehensive awareness campaign would be launched to give necessary awareness to the masses for saving them from various

Published 25 Jan, 2018 12:00am

Lasbela Chamber to set up welfare trust for GQ hospital

Lasbela Chamber to set up welfare trust for GQ hospital

The Lasbela Chamber of Commerce and Industry (LCCI) announced to establish welfare trust. This was decided in a meeting held with the District and Sessions Judge, Lasbela at Hub attended by the Judiciary as well as prominent industries to discuss the prob

Published 25 Jan, 2018 12:00am

All bids for auctioning PIBs rejected

All bids for auctioning PIBs rejected

The federal government Wednesday rejected all the bids of Pakistan Investment Bond (PIBs). This was the sixth auction of long-term bonds in a row, which were rejected by the federal government and not a single penny was borrowed in the auction. Mainly, th

Published 25 Jan, 2018 12:00am

All bids for auctioning PIBs rejected

All bids for auctioning PIBs rejected

The federal government Wednesday rejected all the bids of Pakistan Investment Bond (PIBs). This was the sixth auction of long-term bonds in a row, which were rejected by the federal government and not a single penny was borrowed in the auction. Mainly, th

Published 25 Jan, 2018 12:00am

Diabetes on the rise in Pakistan: Yasin Malik

Diabetes on the rise in Pakistan: Yasin Malik

Speaking at the inaugural ceremony of the "Begum Nafees Sardar Yasin Malik Centre," the National Institute of Diabetes and Endocrinology at the Dow University of Health Sciences, Ojha Campus, social worker Sardar Yasin Malik said that "diabetes and the nu

Published 25 Jan, 2018 12:00am

Green Line bus project's design poses serious threat to security of Business Recorder House

Green Line bus project's design poses serious threat to security of Business Recorder House

A section of the Green Line bus service project that sprawls through Business Recorder Road poses a serious threat to the security of journalists as one of its passenger stairs falls right in front of the Recorder House. Shifting the passenger stai

Published 25 Jan, 2018 12:00am

Response to Dr Pasha's article

Response to Dr Pasha's article

Dr Hafeez A. Pasha has written an article published in Business Recorder dated 16-01-2018 regarding public spending on Pro-Poor expenditure which has been released by PRSP Secretariat, Ministry of Finance. The figures and data which the writer has

Published 25 Jan, 2018 12:00am

Open governance doctrine - II

Open governance doctrine - II

Way back in 1993, the UK government issued a White Paper declaring that it was the government's "commitment to make government in the United Kingdom more open and accountable." Public interest is involved in both disclosure and confidentiality of informat

Published 25 Jan, 2018 12:00am

Khadim-e-Punjab and NAB

Khadim-e-Punjab and NAB

Shahbaz Sharif, Chief Minister of Punjab, likes to project his image as a leader of the masses. He calls himself Khadim-e-Punjab (servant of Punjab) so the people think, unlike other politicians, he sought power to serve the people rather than to look out

Published 25 Jan, 2018 12:00am

PEF, CPFTA and CPEC

Exchange

PEF, CPFTA and CPEC

Lots of acronyms there! PEF is Pakistan Economic Forum whose fourth edition was show-cased last week. CPFTA is China Pakistan FTA now being 'renegotiated'. CPEC is the known unknown. PEF lacked originality, and not just in its name that clones the World E

Published 25 Jan, 2018 12:00am

Another negotiations offer

Another negotiations offer

Newly-installed Chief Minister Balochistan Mir Abdul Quddus Bizenjo has offered yet another olive branch to the self-exiled Baloch leaders. Being the youngest chief minister ever to grace the seat of power in Quetta as a result of the ousting of former ch

Published 25 Jan, 2018 12:00am

Trade interests brook no complacency

Trade interests brook no complacency

That China and Pakistan are very close friends is a fact. That their friendship is deeper than the oceans and taller than the Himalayas is also a fact. So no one from Pakistan should doubt China's approach to trade with Pakistan. China, according to its a

Published 25 Jan, 2018 12:00am

Riots in Indian cities on eve of Hindu queen film release

Riots in Indian cities on eve of Hindu queen film release

Hindu hardliners rampaged through several Indian cities Wednesday protesting a controversial Bollywood film on the eve of its cinema debut, as violent mobs clashed with police, torched vehicles and vandalised malls. The unrest followed a night of rioting

Published 25 Jan, 2018 12:00am

Riots in Indian cities on eve of Hindu queen film release

Riots in Indian cities on eve of Hindu queen film release

Hindu hardliners rampaged through several Indian cities Wednesday protesting a controversial Bollywood film on the eve of its cinema debut, as violent mobs clashed with police, torched vehicles and vandalised malls. The unrest followed a night of rioting

Published 25 Jan, 2018 12:00am

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

The Auditor General of Pakistan Wednesday informed the Public Accounts Committee (PAC) that the Ministry of Information and Broadcasting received over Rs 2 billion against its actual budget allocation of Rs 568 million in 2015-16. The PAC met here under t

Published 25 Jan, 2018 12:00am

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

The Auditor General of Pakistan Wednesday informed the Public Accounts Committee (PAC) that the Ministry of Information and Broadcasting received over Rs 2 billion against its actual budget allocation of Rs 568 million in 2015-16. The PAC met here under t

Published 25 Jan, 2018 12:00am

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

PAC told: information ministry received over Rs 2 billion against Rs 568 million allocation

The Auditor General of Pakistan Wednesday informed the Public Accounts Committee (PAC) that the Ministry of Information and Broadcasting received over Rs 2 billion against its actual budget allocation of Rs 568 million in 2015-16. The PAC met here under t

Published 25 Jan, 2018 12:00am

SC disposes of matter about NAB PG's appointment

SC disposes of matter about NAB PG's appointment

Soon after the Supreme Court disposed of a matter relating to appointment of prosecutor general National Accountability Bureau on Wednesday, the government filled the vacant slot by appointing former Justice Syed Asghar Haider. On November 23 last, Waqas

Published 25 Jan, 2018 12:00am

SC disposes of matter about NAB PG's appointment

SC disposes of matter about NAB PG's appointment

Soon after the Supreme Court disposed of a matter relating to appointment of prosecutor general National Accountability Bureau on Wednesday, the government filled the vacant slot by appointing former Justice Syed Asghar Haider. On November 23 last, Waqas

Published 25 Jan, 2018 12:00am

Noted industrialist Azam Saigol dies

Noted industrialist Azam Saigol dies

Noted industrialist and husband of Chairperson of Dawn Group of Newspapers Muhammad Azam Saigol breathed his last on Wednesday while undergoing medical treatment in Boston, USA, according to a private TV channel. He leaves behind wife Ambar Haroon Saigal,

Published 25 Jan, 2018 12:00am

Noted industrialist Azam Saigol dies

Noted industrialist Azam Saigol dies

Noted industrialist and husband of Chairperson of Dawn Group of Newspapers Muhammad Azam Saigol breathed his last on Wednesday while undergoing medical treatment in Boston, USA, according to a private TV channel. He leaves behind wife Ambar Haroon Saigal,

Published 25 Jan, 2018 12:00am

CJP expresses regrets

CJP expresses regrets

Recently in a speech at Karachi, the Chief Justice of Pakistan made some remarks which were perceived as gender sensitive by certain sections of society. Today in open court the Chief Justice observed that if the remarks have hurt the feelings of women in

Published 25 Jan, 2018 12:00am

CJP expresses regrets

CJP expresses regrets

Recently in a speech at Karachi, the Chief Justice of Pakistan made some remarks which were perceived as gender sensitive by certain sections of society. Today in open court the Chief Justice observed that if the remarks have hurt the feelings of women in

Published 25 Jan, 2018 12:00am

First-ever International Gwadar Expo-2018 on January 29

First-ever International Gwadar Expo-2018 on January 29

China Overseas Ports Holding Company and Gwadar Port Authority are jointly organizing the first ever international exhibition in Gwadar Free Zone on January 29 and 30, 2018. Gwadar Free Zone (phase-1) will also be inaugurated on the occasion. The expo wil

Published 25 Jan, 2018 12:00am

First-ever International Gwadar Expo-2018 on January 29

First-ever International Gwadar Expo-2018 on January 29

China Overseas Ports Holding Company and Gwadar Port Authority are jointly organizing the first ever international exhibition in Gwadar Free Zone on January 29 and 30, 2018. Gwadar Free Zone (phase-1) will also be inaugurated on the occasion. The expo wil

Published 25 Jan, 2018 12:00am

First-ever International Gwadar Expo-2018 on January 29

First-ever International Gwadar Expo-2018 on January 29

China Overseas Ports Holding Company and Gwadar Port Authority are jointly organizing the first ever international exhibition in Gwadar Free Zone on January 29 and 30, 2018. Gwadar Free Zone (phase-1) will also be inaugurated on the occasion. The expo wil

Published 25 Jan, 2018 12:00am

Pope rails against 'fake news'

Pope rails against 'fake news'

Pope Francis warned on Wednesday against the temptation of fake news, drawing a parallel between ethically compromised journalism and the biblical tale of Adam, Eve, the snake and the forbidden fruit. In his annual World Communication Day message held on

Published 25 Jan, 2018 12:00am

Pope rails against 'fake news'

Pope rails against 'fake news'

Pope Francis warned on Wednesday against the temptation of fake news, drawing a parallel between ethically compromised journalism and the biblical tale of Adam, Eve, the snake and the forbidden fruit. In his annual World Communication Day message held on

Published 25 Jan, 2018 12:00am

US sanctions North Korean, Chinese firms aiding Pyongyang

Currency

US sanctions North Korean, Chinese firms aiding Pyongyang

The United States slapped new sanctions on North Korean and Chinese firms and individuals that it said support the Pyongyang regime of Kim Jong-Un and his nuclear weapons program. The move comes as the US seeks to choke the flow of goods and materials cru

Published 25 Jan, 2018 12:00am

The Weather

The Weather

The weather report on Wednesday (January 24, 2018) and the forecast for Thursday (January 25, 2018).

Published 25 Jan, 2018 12:00am

US sanctions North Korean, Chinese firms aiding Pyongyang

Currency

US sanctions North Korean, Chinese firms aiding Pyongyang

The United States slapped new sanctions on North Korean and Chinese firms and individuals that it said support the Pyongyang regime of Kim Jong-Un and his nuclear weapons program. The move comes as the US seeks to choke the flow of goods and materials cru

Published 25 Jan, 2018 12:00am

LME official prices

Exchange

LME official prices

The following were Tuesday official prices.

Published 25 Jan, 2018 12:00am

Parents abandoning transgender children be punished: CII

Parents abandoning transgender children be punished: CII

Council of Islamic Ideology (CII) has put the primary responsibility of gender identification of children on parents and suggested that punishment should be proposed in law for those parents who abandon their transgender children. The CII shared its inter

Published 25 Jan, 2018 12:00am

LME official prices

Exchange

LME official prices

The following were Tuesday official prices.

Published 25 Jan, 2018 12:00am

Parents abandoning transgender children be punished: CII

Parents abandoning transgender children be punished: CII

Council of Islamic Ideology (CII) has put the primary responsibility of gender identification of children on parents and suggested that punishment should be proposed in law for those parents who abandon their transgender children. The CII shared its inter

Published 25 Jan, 2018 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Nehal Hashmi submits unconditional apology

Nehal Hashmi submits unconditional apology

Pakistan Muslim League-Nawaz Senator Nehal Hashmi placed himself at mercy of the Supreme Court and tendered an unconditional apology on Wednesday in a contempt matter after which the court reserved its verdict in the case. Senator Nehal Hashmi submitted a

Published 25 Jan, 2018 12:00am

Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Nehal Hashmi submits unconditional apology

Nehal Hashmi submits unconditional apology

Pakistan Muslim League-Nawaz Senator Nehal Hashmi placed himself at mercy of the Supreme Court and tendered an unconditional apology on Wednesday in a contempt matter after which the court reserved its verdict in the case. Senator Nehal Hashmi submitted a

Published 25 Jan, 2018 12:00am

Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Senate chief, CJP discuss judicial reforms

Senate chief, CJP discuss judicial reforms

Chairman Senate Raza Rabbani on Wednesday called on Chief Justice of Pakistan Justice Mian Saqib Nisar here at the Supreme Court building. In the meeting, both the dignitaries discussed the issues of mutual interest relating to judicial reforms, especiall

Published 25 Jan, 2018 12:00am

Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 24, 2018)

Published 25 Jan, 2018 12:00am

Senate chief, CJP discuss judicial reforms

Senate chief, CJP discuss judicial reforms

Chairman Senate Raza Rabbani on Wednesday called on Chief Justice of Pakistan Justice Mian Saqib Nisar here at the Supreme Court building. In the meeting, both the dignitaries discussed the issues of mutual interest relating to judicial reforms, especiall

Published 25 Jan, 2018 12:00am

Lahore Paper Market Rates

Lahore Paper Market Rates

Paper market rates in rupees on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Brazil court increases Lula sentence to 12 years

Brazil court increases Lula sentence to 12 years

A Brazilian court has upheld ex-president Luiz Inacio Lula da Silva's conviction for corruption and increased his jail sentence to 12 years. The unanimous verdict by the three-judge appeals court in the southern city of Porto Alegre also deals a serious b

Published 25 Jan, 2018 12:00am

Pakistan Mercantile Exchange - PMEX

Exchange

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

US official backs weak dollar amid fears of trade war

Currency

US official backs weak dollar amid fears of trade war

A senior US official welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that US President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.

Published 25 Jan, 2018 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

US official backs weak dollar amid fears of trade war

Currency

US official backs weak dollar amid fears of trade war

A senior US official welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that US President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.

Published 25 Jan, 2018 12:00am

Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

US official backs weak dollar amid fears of trade war

Currency

US official backs weak dollar amid fears of trade war

A senior US official welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that US President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.

Published 25 Jan, 2018 12:00am

Dollar's rate in interbank market

Dollar's rate in interbank market

Interbank closing rates for dollar on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

2018 global growth to roll to highs not seen in eight years

2018 global growth to roll to highs not seen in eight years

The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed. Major central banks are expected to

Published 25 Jan, 2018 12:00am

Kerb buying and selling rate of US dollar

Kerb

Kerb buying and selling rate of US dollar

Dollar buying and selling rate in the kerb market in rupees on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

UK Labour reverses 'illegal' ticket discount for minorities

UK Labour reverses 'illegal' ticket discount for minorities

Britain's Labour Party said Wednesday it had reversed a decision to lower ticket prices for ethnic minorities attending a speech by leader Jeremy Corbyn after it was deemed to be potentially unlawful. Corbyn is due to speak at the East Midlands Regional C

Published 25 Jan, 2018 12:00am

THE RUPEE: dollar gains slightly

Currency

THE RUPEE: dollar gains slightly

The rupee maintained firm trend against the dollar on the currency market on Wednesday in the process of trading activity, dealers said. The rupee stayed put versus the dollar for buying and selling at Rs 112.10 and Rs 112.45 respectively, while the rupee

Published 25 Jan, 2018 12:00am

HBFCL widow borrowers: Rs 500 million approved to write off loans

HBFCL widow borrowers: Rs 500 million approved to write off loans

Finance Division has approved Rs 500 million for loan write-off of 1,994 widow borrowers of House Building Finance Company Limited (HBFCL). Sources told Business Recorder that the HBFCL has approved 229 cases out of the total identified 1,994 eligi

Published 25 Jan, 2018 12:00am

THE RUPEE: dollar gains slightly

Currency

THE RUPEE: dollar gains slightly

The rupee maintained firm trend against the dollar on the currency market on Wednesday in the process of trading activity, dealers said. The rupee stayed put versus the dollar for buying and selling at Rs 112.10 and Rs 112.45 respectively, while the rupee

Published 25 Jan, 2018 12:00am

HBFCL widow borrowers: Rs 500 million approved to write off loans

HBFCL widow borrowers: Rs 500 million approved to write off loans

Finance Division has approved Rs 500 million for loan write-off of 1,994 widow borrowers of House Building Finance Company Limited (HBFCL). Sources told Business Recorder that the HBFCL has approved 229 cases out of the total identified 1,994 eligi

Published 25 Jan, 2018 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

HBFCL widow borrowers: Rs 500 million approved to write off loans

HBFCL widow borrowers: Rs 500 million approved to write off loans

Finance Division has approved Rs 500 million for loan write-off of 1,994 widow borrowers of House Building Finance Company Limited (HBFCL). Sources told Business Recorder that the HBFCL has approved 229 cases out of the total identified 1,994 eligi

Published 25 Jan, 2018 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

LHC restrains government from taking illegal action against Hafiz Saeed

LHC restrains government from taking illegal action against Hafiz Saeed

The Lahore High Court on Wednesday restrained the government from taking any illegal action against Jamatud Dawa (JuD) Chief Hafiz Muhammad Saeed who approached the court against his possible arrest. The court issued the stay on Hafiz Saeed's petition cha

Published 25 Jan, 2018 12:00am

Revised Rates of Debt Securities

Revised Rates of Debt Securities

The following were the revised rates of debt securities on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

LHC restrains government from taking illegal action against Hafiz Saeed

LHC restrains government from taking illegal action against Hafiz Saeed

The Lahore High Court on Wednesday restrained the government from taking any illegal action against Jamatud Dawa (JuD) Chief Hafiz Muhammad Saeed who approached the court against his possible arrest. The court issued the stay on Hafiz Saeed's petition cha

Published 25 Jan, 2018 12:00am

Cross Transactions between Client to Client & Financial Institutions

Cross Transactions between Client to Client & Financial Institutions

The following were the cross transactions between client to client & financial institutions here on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Haqqani militant killed by drone strike

Haqqani militant killed by drone strike

A suspected US drone attack in northwest killed a militant from the Haqqani network allied to Afghanistan's Taliban on Wednesday, officials said, days after Afghan authorities accused the group of attacking a Kabul hotel. The pre-dawn strike took place mo

Published 25 Jan, 2018 12:00am

Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Haqqani militant killed by drone strike

Haqqani militant killed by drone strike

A suspected US drone attack in northwest killed a militant from the Haqqani network allied to Afghanistan's Taliban on Wednesday, officials said, days after Afghan authorities accused the group of attacking a Kabul hotel. The pre-dawn strike took place mo

Published 25 Jan, 2018 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (January 24, 2018)

Published 25 Jan, 2018 12:00am

PM, AIIB President discuss funding for Fata uplift

PM, AIIB President discuss funding for Fata uplift

Prime Minister Shahid Khaqan Abbasi says socio-economic integration and uplift of FATA is a major priority of the government. He was talking to President of Asia Infrastructure Investment Bank (AIIB) Jin Liqun at World Economic Forum in Davos on Wednesday

Published 25 Jan, 2018 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (January 24, 2018)

Published 25 Jan, 2018 12:00am

PM, AIIB President discuss funding for Fata uplift

PM, AIIB President discuss funding for Fata uplift

Prime Minister Shahid Khaqan Abbasi says socio-economic integration and uplift of FATA is a major priority of the government. He was talking to President of Asia Infrastructure Investment Bank (AIIB) Jin Liqun at World Economic Forum in Davos on Wednesday

Published 25 Jan, 2018 12:00am

Mutual Funds Association of Pakistan

Mutual Funds

Mutual Funds Association of Pakistan

Mutual Funds Association has issued open-end funds daily prices for Wednesday (January 24, 2018)

Published 25 Jan, 2018 12:00am

PM, AIIB President discuss funding for Fata uplift

PM, AIIB President discuss funding for Fata uplift

Prime Minister Shahid Khaqan Abbasi says socio-economic integration and uplift of FATA is a major priority of the government. He was talking to President of Asia Infrastructure Investment Bank (AIIB) Jin Liqun at World Economic Forum in Davos on Wednesday

Published 25 Jan, 2018 12:00am

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

National Clearing Company declares daily settlement information for local & foreign investors on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

PM, AIIB President discuss funding for Fata uplift

PM, AIIB President discuss funding for Fata uplift

Prime Minister Shahid Khaqan Abbasi says socio-economic integration and uplift of FATA is a major priority of the government. He was talking to President of Asia Infrastructure Investment Bank (AIIB) Jin Liqun at World Economic Forum in Davos on Wednesday

Published 25 Jan, 2018 12:00am

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices

BRIndex100 and BR Sectoral Indices on Wednesday (January 24, 2018).

Published 25 Jan, 2018 12:00am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Sapphire Electronics to manufacture & assemble Samsung products in Pakistan

Mari Petroleum Company Limited

Mari Petroleum Company Limited

US concerned over sentencing of Pakistanis by military courts

US concerned over sentencing of Pakistanis by military courts

MARI completes disposal of withheld bonus shares

MARI completes disposal of withheld bonus shares

Profit-taking maintains grip as KSE-100 sheds over 1,500 points

Profit-taking maintains grip as KSE-100 sheds over 1,500 points

High returns to benefit investors, spur jobs: Aleem

High returns to benefit investors, spur jobs: Aleem

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan

IFC, local banks to provide $52.2mn financing for tyre production in Pakistan