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Apr 05, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2018-05-05
US economists urge Trump to avoid protectionist mistakes of the 1930s

US economists urge Trump to avoid protectionist mistakes of the 1930s

More than 1,100 US economists signed a letter sent to President Donald Trump and to Congress on Thursday urging them to avoid repeating the mistakes that worsened the Depression in the 1930s. The economic advisors to two Republican and two Democratic pres
Published 05 May, 2018 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Friday (May 04, 2018).

Published 05 May, 2018 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Friday (May 04, 2018).
Published 05 May, 2018 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Friday (May 04, 2018).

Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
66.4 percent stake in KE: SEP not to seal deal without MYT notification

66.4 percent stake in KE: SEP not to seal deal without MYT notification

Shanghai Electric Power Limited (SEP) has reportedly expressed its inability to finalise deal with M/s Abraaj of Dubai for acquiring 66.4 percent shares in KE without notification of Multi-Year Tariff (MYT), well-informed sources told Business Recorder
Published 05 May, 2018 12:00am
EOBI cases: SC issues notices to two HC judges, others

EOBI cases: SC issues notices to two HC judges, others

The Supreme Court on Friday issued notices to the members of legal fraternity, including two judges of Islamabad High Court, who had represented Employees Old Benefit Institution (EOBI) in various cases. A two-judge bench comprising Chief Justice Mian Saq
Published 05 May, 2018 12:00am
EOBI cases: SC issues notices to two HC judges, others

EOBI cases: SC issues notices to two HC judges, others

The Supreme Court on Friday issued notices to the members of legal fraternity, including two judges of Islamabad High Court, who had represented Employees Old Benefit Institution (EOBI) in various cases. A two-judge bench comprising Chief Justice Mian Saq
Published 05 May, 2018 12:00am
'We're about to achieve milestone in the form of CPEC': CJP

'We're about to achieve milestone in the form of CPEC': CJP

Chief Justice Mian Saqib Nisar has said that the administration of justice plays a key role in the prosperity of a nation, as it allows a nation and its citizens to enjoy the fruits of economic growth. He was addressing the inaugural ceremony of the 8th J
Published 05 May, 2018 12:00am
'We're about to achieve milestone in the form of CPEC': CJP

'We're about to achieve milestone in the form of CPEC': CJP

Chief Justice Mian Saqib Nisar has said that the administration of justice plays a key role in the prosperity of a nation, as it allows a nation and its citizens to enjoy the fruits of economic growth. He was addressing the inaugural ceremony of the 8th J
Published 05 May, 2018 12:00am
''We''re about to achieve milestone in the form of CPEC'': CJP

''We''re about to achieve milestone in the form of CPEC'': CJP

Chief Justice Mian Saqib Nisar has said that the administration of justice plays a key role in the prosperity of a nation, as it allows a nation and its citizens to enjoy the fruits of economic growth. He was addressing the inaugural ceremony of the 8th J
Published 05 May, 2018 12:00am
''''We''''re about to achieve milestone in the form of CPEC'''': CJP

''''We''''re about to achieve milestone in the form of CPEC'''': CJP

Chief Justice Mian Saqib Nisar has said that the administration of justice plays a key role in the prosperity of a nation, as it allows a nation and its citizens to enjoy the fruits of economic growth. He was addressing the inaugural ceremony of the 8th J
Published 05 May, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange witnessed another bearish session due to continuous selling in various stocks. BRIndex100 lost 24.32 points or 0.51 percent to close at 4,752.81 points Friday. BRIndex100 touched intraday high of 4,778.22 and intraday low of 4,747.
Published 05 May, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange witnessed another bearish session due to continuous selling in various stocks. BRIndex100 lost 24.32 points or 0.51 percent to close at 4,752.81 points Friday. BRIndex100 touched intraday high of 4,778.22 and intraday low of 4,747.
Published 05 May, 2018 12:00am
BRIndex100 depressed
Exchange

BRIndex100 depressed

Pakistan Stock Exchange witnessed another bearish session due to continuous selling in various stocks. BRIndex100 lost 24.32 points or 0.51 percent to close at 4,752.81 points Friday. BRIndex100 touched intraday high of 4,778.22 and intraday low of 4,747.
Published 05 May, 2018 12:00am
Electoral alliance with PTI likely, says Zardari

Electoral alliance with PTI likely, says Zardari

Former president and PPP co-chairman Asif Ali Zardari said on Friday the PPP alliance with Imran Khan was according to necessity for the Senate elections and another alliance can be formed with the Pakistan Tehreek-e-Insaf (PTI) if needed. While talking w
Published 05 May, 2018 12:00am
Electoral alliance with PTI likely, says Zardari

Electoral alliance with PTI likely, says Zardari

Former president and PPP co-chairman Asif Ali Zardari said on Friday the PPP alliance with Imran Khan was according to necessity for the Senate elections and another alliance can be formed with the Pakistan Tehreek-e-Insaf (PTI) if needed. While talking w
Published 05 May, 2018 12:00am
Dissolution of EDB: Cabinet tells MoI&P to expedite

Dissolution of EDB: Cabinet tells MoI&P to expedite

The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to expedite implementation of its decision regarding dissolution of Engineering Development Board (EDB), a hub of malpractices, well-informed sources in the Ministry told <
Published 05 May, 2018 12:00am
Dissolution of EDB: Cabinet tells MoI&P to expedite

Dissolution of EDB: Cabinet tells MoI&P to expedite

The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to expedite implementation of its decision regarding dissolution of Engineering Development Board (EDB), a hub of malpractices, well-informed sources in the Ministry told <
Published 05 May, 2018 12:00am
Dissolution of EDB: Cabinet tells MoI&P to expedite

Dissolution of EDB: Cabinet tells MoI&P to expedite

The federal cabinet has directed the Ministry of Industries and Production (MoI&P) to expedite implementation of its decision regarding dissolution of Engineering Development Board (EDB), a hub of malpractices, well-informed sources in the Ministry told <
Published 05 May, 2018 12:00am
Gas, power companies' networks: government starts work on Devolution

Gas, power companies' networks: government starts work on Devolution

In a major policy decision, the federal government has started work on devolution of gas and power companies' networks to the provinces, well- informed sources told Business Recorder. This decision was taken at a recent meeting of the Council of Co
Published 05 May, 2018 12:00am
Gas, power companies' networks: government starts work on Devolution

Gas, power companies' networks: government starts work on Devolution

In a major policy decision, the federal government has started work on devolution of gas and power companies' networks to the provinces, well- informed sources told Business Recorder. This decision was taken at a recent meeting of the Council of Co
Published 05 May, 2018 12:00am
Gas, power companies'' networks: government starts work on Devolution

Gas, power companies'' networks: government starts work on Devolution

In a major policy decision, the federal government has started work on devolution of gas and power companies'' networks to the provinces, well- informed sources told Business Recorder. This decision was taken at a recent meeting of the Council of C
Published 05 May, 2018 12:00am
SC declares allotment, transfer of MDA land to Bahria illegal
Exchange

SC declares allotment, transfer of MDA land to Bahria illegal

The Supreme Court on Friday declared that grant of land to Malir Development Authority (MDA) by the Sindh government and its exchange with the land of Bahria Town is illegal. A three-member Supreme Court bench comprising Justice Ejaz Afzal Khan, Justice M
Published 05 May, 2018 12:00am
SC declares allotment, transfer of MDA land to Bahria illegal
Exchange

SC declares allotment, transfer of MDA land to Bahria illegal

The Supreme Court on Friday declared that grant of land to Malir Development Authority (MDA) by the Sindh government and its exchange with the land of Bahria Town is illegal. A three-member Supreme Court bench comprising Justice Ejaz Afzal Khan, Justice M
Published 05 May, 2018 12:00am
SC declares allotment, transfer of MDA land to Bahria illegal
Exchange

SC declares allotment, transfer of MDA land to Bahria illegal

The Supreme Court on Friday declared that grant of land to Malir Development Authority (MDA) by the Sindh government and its exchange with the land of Bahria Town is illegal. A three-member Supreme Court bench comprising Justice Ejaz Afzal Khan, Justice M
Published 05 May, 2018 12:00am
SC declares allotment, transfer of MDA land to Bahria illegal
Exchange

SC declares allotment, transfer of MDA land to Bahria illegal

The Supreme Court on Friday declared that grant of land to Malir Development Authority (MDA) by the Sindh government and its exchange with the land of Bahria Town is illegal. A three-member Supreme Court bench comprising Justice Ejaz Afzal Khan, Justice M
Published 05 May, 2018 12:00am
US economists urge Trump to avoid protectionist mistakes of the 1930s

US economists urge Trump to avoid protectionist mistakes of the 1930s

More than 1,100 US economists signed a letter sent to President Donald Trump and to Congress on Thursday urging them to avoid repeating the mistakes that worsened the Depression in the 1930s. The economic advisors to two Republican and two Democratic pres
Published 05 May, 2018 12:00am
US economists urge Trump to avoid protectionist mistakes of the 1930s

US economists urge Trump to avoid protectionist mistakes of the 1930s

More than 1,100 US economists signed a letter sent to President Donald Trump and to Congress on Thursday urging them to avoid repeating the mistakes that worsened the Depression in the 1930s. The economic advisors to two Republican and two Democratic pres
Published 05 May, 2018 12:00am
Excavation work at Buddhist site in Takht Bhai expedited

Excavation work at Buddhist site in Takht Bhai expedited

Directorate of Archaeology and Museums Khyber Pakhtunkhwa has accelerated the conservation and excavation work on 2000-year old, ancient Buddhist monastic site at Takht Bhai. Officials say that the department has so far completed 20-25 percent excavation
Published 05 May, 2018 12:00am
PC-1 cost of Diamer-Bhasha Dam may jump to Rs 31 billion

PC-1 cost of Diamer-Bhasha Dam may jump to Rs 31 billion

A parliamentary panel has been informed that the PC-1 cost of Diamer-Bhasha Dam is expected to increase by Rs 31 billion. The Senate Standing Committee on Planning, Development and Reform met here with Agha Shahzaib Khan Durrani in the chair on Friday. Th
Published 05 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 04, 2018).

Published 05 May, 2018 12:00am
Changing weather patterns

Changing weather patterns

The Climate Change Financing Framework (CCFF) launched by the Ministry of Climate Change is said to have identified different entry points for the mainstreaming of climate change into planning and budgeting processes, including in MTBF. Full implementatio
Published 05 May, 2018 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (May 04, 2018).

Published 05 May, 2018 12:00am
Insurers hit shift button despite Brexit grace period

Insurers hit shift button despite Brexit grace period

Lloyd's of London, AIG, Allianz and other insurers are ignoring assurances and establishing new hubs in Britain and the European Union before Brexit in March 2019 to ensure access to customers.
Published 05 May, 2018 12:00am
THE RUPEE: gains sharply
Currency

THE RUPEE: gains sharply

The rupee managed to recover sharply against the dollar on the money market on Friday in the process of trading activity, dealers said. The rupee stayed put in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they sai
Published 05 May, 2018 12:00am
Foreign currency transaction: SBP revises existing DFS
Currency

Foreign currency transaction: SBP revises existing DFS

The State Bank of Pakistan (SBP) has revised existing Data File Structure (DFS) for monthly reporting of foreign currency transaction by Authorized Dealers (ADs). ADs are required to report data related to foreign currency transactions including deposits,
Published 05 May, 2018 12:00am
PM fully aware of state of economy

PM fully aware of state of economy

According to a Business Recorder exclusive, Prime Minister Shahid Khaqan Abbasi fully cognizant of severe financial constraints facing the country 10 days before the presentation of the budget 2018-19 in parliament as on 17 April, during a Cabinet
Published 05 May, 2018 12:00am
THE RUPEE: gains sharply
Currency

THE RUPEE: gains sharply

The rupee managed to recover sharply against the dollar on the money market on Friday in the process of trading activity, dealers said. The rupee stayed put in relation to the dollar for buying and selling at Rs 115.61 and Rs 115.62 respectively, they sai
Published 05 May, 2018 12:00am
PML-N scorecard (2013-2018)
Exchange

PML-N scorecard (2013-2018)

The incumbent government has successfully managed to present the federal budget 2018-19. What is however different this time is the unprecedented tax relief given to the middle-income group especially the salaried class. The incumbent government also avai
Published 05 May, 2018 12:00am
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