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May 12, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-01-17
US official, Janjua discuss Afghan peace efforts

US official, Janjua discuss Afghan peace efforts

The visiting Deputy Assistant to US President Donald Trump and Senior Director for South and Central Asia at the National Security Council, Lisa Curtis Wednesday held meeting with Foreign Secretary Tehmina Janjua and discussed issues of mutual concerns an
Published 17 Jan, 2019 12:00am
July-December exports witness 2.19 percent increase
Currency

July-December exports witness 2.19 percent increase

Pakistan's exports during July-December 2018 witnessed an increase of 2.19 percent from $10.976 billion to $11.216 billion, said Pakistan Bureau of Statistic (PBS). The PSB data said during the period Pakistani imports went down by 2.29 percent from $28.6
Published 17 Jan, 2019 12:00am
July-December exports witness 2.19 percent increase
Currency

July-December exports witness 2.19 percent increase

Pakistan's exports during July-December 2018 witnessed an increase of 2.19 percent from $10.976 billion to $11.216 billion, said Pakistan Bureau of Statistic (PBS). The PSB data said during the period Pakistani imports went down by 2.29 percent from $28.6
Published 17 Jan, 2019 12:00am
July-December exports witness 2.19 percent increase
Currency

July-December exports witness 2.19 percent increase

Pakistan''s exports during July-December 2018 witnessed an increase of 2.19 percent from $10.976 billion to $11.216 billion, said Pakistan Bureau of Statistic (PBS). The PSB data said during the period Pakistani imports went down by 2.29 percent from $28.
Published 17 Jan, 2019 12:00am
July-December FDI down 19 percent YoY

July-December FDI down 19 percent YoY

Foreign Direct Investment (FDI) declined by 19 percent during the first half of this fiscal year (FY19), the central bank said. According to statistics released by State Bank of Pakistan (SBP), Pakistan attracted some $1.319 billion FDI during July-Dec of
Published 17 Jan, 2019 12:00am
THE RUPEE: rates firm
Currency

THE RUPEE: rates firm

Steadier trend was seen on the money market on Wednesday as the rupee retained its present levels against the dollar in process of trading, dealers said. The rupee gained two paisas versus the dollar for buying and selling at Rs 138.89 and Rs 138.91 respe
Published 17 Jan, 2019 12:00am
July-December FDI down 19 percent YoY

July-December FDI down 19 percent YoY

Foreign Direct Investment (FDI) declined by 19 percent during the first half of this fiscal year (FY19), the central bank said. According to statistics released by State Bank of Pakistan (SBP), Pakistan attracted some $1.319 billion FDI during July-Dec of
Published 17 Jan, 2019 12:00am
THE RUPEE: rates firm
Currency

THE RUPEE: rates firm

Steadier trend was seen on the money market on Wednesday as the rupee retained its present levels against the dollar in process of trading, dealers said. The rupee gained two paisas versus the dollar for buying and selling at Rs 138.89 and Rs 138.91 respe
Published 17 Jan, 2019 12:00am
July-December FDI down 19 percent YoY

July-December FDI down 19 percent YoY

Foreign Direct Investment (FDI) declined by 19 percent during the first half of this fiscal year (FY19), the central bank said. According to statistics released by State Bank of Pakistan (SBP), Pakistan attracted some $1.319 billion FDI during July-Dec of
Published 17 Jan, 2019 12:00am
ECC urged to review gas diversion decision

ECC urged to review gas diversion decision

The Economic Coordination (ECC) of the Cabinet was requested to review decision of diversion of gas to other sectors and give priority to the power sector as running of power plants on RFO due to less availability of gas has already accrued Rs 10 billion
Published 17 Jan, 2019 12:00am
ECC urged to review gas diversion decision

ECC urged to review gas diversion decision

The Economic Coordination (ECC) of the Cabinet was requested to review decision of diversion of gas to other sectors and give priority to the power sector as running of power plants on RFO due to less availability of gas has already accrued Rs 10 billion
Published 17 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
ECC urged to review gas diversion decision

ECC urged to review gas diversion decision

The Economic Coordination (ECC) of the Cabinet was requested to review decision of diversion of gas to other sectors and give priority to the power sector as running of power plants on RFO due to less availability of gas has already accrued Rs 10 billion
Published 17 Jan, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
Qureshi admits haste in placing names of 172 on ECL

Qureshi admits haste in placing names of 172 on ECL

Pakistan Peoples Party lawmakers on Wednesday accused the government of using Exit Control List (ECL) as a tool for political victimisation and demanded that name of the party Chairman Bilawal Bhutto Zardari must be removed from the no-fly list. Speaking
Published 17 Jan, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
Qureshi admits haste in placing names of 172 on ECL

Qureshi admits haste in placing names of 172 on ECL

Pakistan Peoples Party lawmakers on Wednesday accused the government of using Exit Control List (ECL) as a tool for political victimisation and demanded that name of the party Chairman Bilawal Bhutto Zardari must be removed from the no-fly list. Speaking
Published 17 Jan, 2019 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (January 16, 2019)

Published 17 Jan, 2019 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 17 Jan, 2019 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 17 Jan, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
BRIndex100 tumbles
Cotton

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday ended on a negative note as investors opted to book profit on available margins. BRIndex100 lost 42.36 points or 1.01 percent to close at 4,160.17 points. BRIndex100 touched intraday high of 4,202.57 and intraday low of 4
Published 17 Jan, 2019 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (January 16, 2019).

Published 17 Jan, 2019 12:00am
BRIndex100 tumbles
Cotton

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday ended on a negative note as investors opted to book profit on available margins. BRIndex100 lost 42.36 points or 1.01 percent to close at 4,160.17 points. BRIndex100 touched intraday high of 4,202.57 and intraday low of 4
Published 17 Jan, 2019 12:00am
The Weather

The Weather

The weather report on Wednesday (January 16, 2019) and the forecast for Thursday (January 17, 2019).

Published 17 Jan, 2019 12:00am
BRIndex100 tumbles
Cotton

BRIndex100 tumbles

Pakistan Stock Exchange Wednesday ended on a negative note as investors opted to book profit on available margins. BRIndex100 lost 42.36 points or 1.01 percent to close at 4,160.17 points. BRIndex100 touched intraday high of 4,202.57 and intraday low of 4
Published 17 Jan, 2019 12:00am
Cabinet to meet with load of agenda today

Cabinet to meet with load of agenda today

The federal cabinet, which is scheduled to meet today (Thursday) with Prime Minister Imran Khan in the chair, will approve release of supplementary grant of Rs 9.387 million on account of revision in the salary of the President of Pakistan.
Published 17 Jan, 2019 12:00am
Cabinet to meet with load of agenda today

Cabinet to meet with load of agenda today

The federal cabinet, which is scheduled to meet today (Thursday) with Prime Minister Imran Khan in the chair, will approve release of supplementary grant of Rs 9.387 million on account of revision in the salary of the President of Pakistan.
Published 17 Jan, 2019 12:00am
US tells Taliban it must talk to Afghan government

US tells Taliban it must talk to Afghan government

The US envoy in Afghanistan said Wednesday that a peaceful end to the 17-year conflict requires the Taliban to engage in direct talks with the Afghan government, which they have consistently refused. Zalmay Khalilzad spoke to reporters in Kabul on his lat
Published 17 Jan, 2019 12:00am
US tells Taliban it must talk to Afghan government

US tells Taliban it must talk to Afghan government

The US envoy in Afghanistan said Wednesday that a peaceful end to the 17-year conflict requires the Taliban to engage in direct talks with the Afghan government, which they have consistently refused. Zalmay Khalilzad spoke to reporters in Kabul on his lat
Published 17 Jan, 2019 12:00am
Deficiencies in IHC bail order pointed out

Deficiencies in IHC bail order pointed out

The Supreme Court has noted that Islamabad High Court (IHC) has not adhered to the guidelines issued and recommendations made by it in the case of Muhammad Shakeel vs the State regarding shorter format of orders to be passed in bail.
Published 17 Jan, 2019 12:00am
Deficiencies in IHC bail order pointed out

Deficiencies in IHC bail order pointed out

The Supreme Court has noted that Islamabad High Court (IHC) has not adhered to the guidelines issued and recommendations made by it in the case of Muhammad Shakeel vs the State regarding shorter format of orders to be passed in bail.
Published 17 Jan, 2019 12:00am
Dam Fund inflows: SBP announces reimbursement of TT charges

Dam Fund inflows: SBP announces reimbursement of TT charges

The State Bank of Pakistan (SBP) Wednesday announced reimbursement of TT charges on Dam Fund inflows through home remittance channel sent by overseas Pakistanis. Home remittance transactions are already eligible for reimbursement of TT charges, if the ban
Published 17 Jan, 2019 12:00am
Dam Fund inflows: SBP announces reimbursement of TT charges

Dam Fund inflows: SBP announces reimbursement of TT charges

The State Bank of Pakistan (SBP) Wednesday announced reimbursement of TT charges on Dam Fund inflows through home remittance channel sent by overseas Pakistanis. Home remittance transactions are already eligible for reimbursement of TT charges, if the ban
Published 17 Jan, 2019 12:00am
Dam Fund inflows: SBP announces reimbursement of TT charges

Dam Fund inflows: SBP announces reimbursement of TT charges

The State Bank of Pakistan (SBP) Wednesday announced reimbursement of TT charges on Dam Fund inflows through home remittance channel sent by overseas Pakistanis. Home remittance transactions are already eligible for reimbursement of TT charges, if the ban
Published 17 Jan, 2019 12:00am
American killed in Kenya attack was 9/11 survivor

American killed in Kenya attack was 9/11 survivor

The American man who was among the 14 people killed in an attack on a luxury hotel complex in the Kenyan capital Nairobi was a consultant who survived the 9/11 attacks, and specialized in emerging economies. Authorities did not formally name Jason Spindle
Published 17 Jan, 2019 12:00am
American killed in Kenya attack was 9/11 survivor

American killed in Kenya attack was 9/11 survivor

The American man who was among the 14 people killed in an attack on a luxury hotel complex in the Kenyan capital Nairobi was a consultant who survived the 9/11 attacks, and specialized in emerging economies. Authorities did not formally name Jason Spindle
Published 17 Jan, 2019 12:00am
Acting CEO PIACL working on deputation

Acting CEO PIACL working on deputation

The appointment of Air Marshal Arshad Malik as acting Chief Executive Officer (CEO) Pakistan International Airlines Corporation Limited (PIACL) has reportedly been on deputation basis in consultation with Ministry of Defence, well-informed sources told <i
Published 17 Jan, 2019 12:00am
Acting CEO PIACL working on deputation

Acting CEO PIACL working on deputation

The appointment of Air Marshal Arshad Malik as acting Chief Executive Officer (CEO) Pakistan International Airlines Corporation Limited (PIACL) has reportedly been on deputation basis in consultation with Ministry of Defence, well-informed sources told <i
Published 17 Jan, 2019 12:00am
Acting CEO PIACL working on deputation

Acting CEO PIACL working on deputation

The appointment of Air Marshal Arshad Malik as acting Chief Executive Officer (CEO) Pakistan International Airlines Corporation Limited (PIACL) has reportedly been on deputation basis in consultation with Ministry of Defence, well-informed sources told <i
Published 17 Jan, 2019 12:00am
K-Electric clarification

K-Electric clarification

K-Electric is a law-abiding, responsible corporate entity which ensures compliance with all respective guidelines prescribed by relevant authorities. The power utility follows due process in coordination with concerned authorities, ensuring prior notifica
Published 17 Jan, 2019 12:00am
K-Electric clarification

K-Electric clarification

K-Electric is a law-abiding, responsible corporate entity which ensures compliance with all respective guidelines prescribed by relevant authorities. The power utility follows due process in coordination with concerned authorities, ensuring prior notifica
Published 17 Jan, 2019 12:00am
K-Electric clarification

K-Electric clarification

K-Electric is a law-abiding, responsible corporate entity which ensures compliance with all respective guidelines prescribed by relevant authorities. The power utility follows due process in coordination with concerned authorities, ensuring prior notifica
Published 17 Jan, 2019 12:00am
Case against Dar: Saeed's signature found to be suspicious

Case against Dar: Saeed's signature found to be suspicious

A forensic expert Wednesday told the Accountability Court hearing a corruption case against former Finance Minister Ishaq Dar that signature on seven bank accounts opened in the name of former President National Bank of Pakistan (NBP) Saeed Ahmed are susp
Published 17 Jan, 2019 12:00am
Case against Dar: Saeed's signature found to be suspicious

Case against Dar: Saeed's signature found to be suspicious

A forensic expert Wednesday told the Accountability Court hearing a corruption case against former Finance Minister Ishaq Dar that signature on seven bank accounts opened in the name of former President National Bank of Pakistan (NBP) Saeed Ahmed are susp
Published 17 Jan, 2019 12:00am
APNS concerned at government's advertising policy

APNS concerned at government's advertising policy

The All Pakistan Newspaper Society (APNS) has taken exception to the advertisement distribution policy of Federal Government as major part of advertising is being allocated to dummy and ghost publications in contrast to the claims of transparent and judic
Published 17 Jan, 2019 12:00am
APNS concerned at government's advertising policy

APNS concerned at government's advertising policy

The All Pakistan Newspaper Society (APNS) has taken exception to the advertisement distribution policy of Federal Government as major part of advertising is being allocated to dummy and ghost publications in contrast to the claims of transparent and judic
Published 17 Jan, 2019 12:00am
US official, Janjua discuss Afghan peace efforts

US official, Janjua discuss Afghan peace efforts

The visiting Deputy Assistant to US President Donald Trump and Senior Director for South and Central Asia at the National Security Council, Lisa Curtis Wednesday held meeting with Foreign Secretary Tehmina Janjua and discussed issues of mutual concerns an
Published 17 Jan, 2019 12:00am
RTO recovers Rs 10 million from departmental store

RTO recovers Rs 10 million from departmental store

Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) has recovered Rs10 million from a leading departmental store after raiding its sale record on Wednesday. The recovery was made from Shadman branch of the departmental store.
Published 17 Jan, 2019 12:00am
Exxon starts drilling at Indus Block: CEO

Exxon starts drilling at Indus Block: CEO

Exxon Mobil has started drilling with initial cost of $75 million at Indus Block, said Irtiza Syed, CEO of the oil and gas exploration company, while briefing Federal Minister for Petroleum Ghulam Sarwar Khan here on Wednesday. He said the Exxon Mobil has
Published 17 Jan, 2019 12:00am
Four alleged terrorists killed in Hangu

Four alleged terrorists killed in Hangu

The security forces on Wednesday killed four suspected terrorists, including a militant 'commander', during a raid near Qazi Pump area in Hangu district of Khyber Pakhtunkhwa. Acting on a tip-off, security forces conducted the raid on a suspected hide-out
Published 17 Jan, 2019 12:00am
PM directs for early completion of historical buildings' mapping

PM directs for early completion of historical buildings' mapping

Prime Minister Imran Khan Wednesday directed early completion of the mapping of buildings which carried historical and heritage value and religious tourism. He was chairing a meeting of the National Oversight Committee over adaptive re-use of public build
Published 17 Jan, 2019 12:00am
SECP holds workshop on public sector corporate governance

SECP holds workshop on public sector corporate governance

The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Corporate Governance Unit of Finance Department, Government of Khyber Pakhtunkhwa organized a workshop on "Public Sector Corporate Governance in Khyber Pakhtunkhwa". Taim
Published 17 Jan, 2019 12:00am
SKMH, Descon organize blood donation drive

SKMH, Descon organize blood donation drive

Descon in collaboration with Shaukat Khanam Memorial Hospital (SKMH) organized a blood donation drive for cancer patients at Descon HQ. The one-day blood drive drew a great response from Descon employees and was attended members of every level of the orga
Published 17 Jan, 2019 12:00am
DIRBS notified: Procedure for legalisation of mobile devices unveiled

DIRBS notified: Procedure for legalisation of mobile devices unveiled

The Federal Board of Revenue (FBR) Wednesday issued the procedure for legalisation of mobile devices with SIM or IMEI functionality brought into Pakistan, which have been seized or voluntarily presented to customs authorities after January 15, 2019, on pa
Published 17 Jan, 2019 12:00am
DIRBS notified: Procedure for legalisation of mobile devices unveiled

DIRBS notified: Procedure for legalisation of mobile devices unveiled

The Federal Board of Revenue (FBR) Wednesday issued the procedure for legalisation of mobile devices with SIM or IMEI functionality brought into Pakistan, which have been seized or voluntarily presented to customs authorities after January 15, 2019, on pa
Published 17 Jan, 2019 12:00am
Government vows to help resolve issue of potato price

Government vows to help resolve issue of potato price

The Pakistan Tehreek-e-Insaf government Wednesday assured potato farmers to resolve the issue of prices of their produce by consulting all stakeholders. The members of the opposition parties urged the government to buy the farmers produce through PASSCO;
Published 17 Jan, 2019 12:00am
PHC takes notice of raise in LRH's OPD fee

PHC takes notice of raise in LRH's OPD fee

The Peshawar High Court has taken notice of the increase in fee of out patient department (OPD) of the Lady Reading Hospital (LRH) Peshawar. The administration of the LRH, the largest hospital of Khyber Pakhtunkhwa, increased the OPD fee from Rs20 to Rs30
Published 17 Jan, 2019 12:00am
Country lacks good governance: Siraj

Country lacks good governance: Siraj

Chief of Jamaat-e-Islami, Senator Sirajul Haq, has said that the country was lacking good governance and rule of law as the government was still living in the world of dreams and ideas. While addressing the central leadership of the JI at Mansoora, he sai
Published 17 Jan, 2019 12:00am
PTI government to support pharma industry: minister

PTI government to support pharma industry: minister

"The PTI government will fully support the pharmaceutical industry and efforts will be made to produce raw material used in manufacturing medicines locally in an attempt to reduce imports." Punjab Health Minister Dr Yasmeen Rashid said this while speaking
Published 17 Jan, 2019 12:00am
Government urged to take steps for curbing smuggling of tyres

Government urged to take steps for curbing smuggling of tyres

The local tyre industry has exhorted the government to take steps to curb the menace of smuggling and address the import trade price (ITP) values that will help government in building documented economy and curbing evasion of taxes. "The FBR should make s
Published 17 Jan, 2019 12:00am
Chinese investment: PCJCCI identifies eight potential sectors

Chinese investment: PCJCCI identifies eight potential sectors

Pak-China Joint Chamber of Commerce and Industry (PCJCCI) has decided to take steps for attracting Chinese investment in eight potential industrial sectors including furniture, handicrafts, textile, fertilizers, cement, glasswork energy and pharmaceutical
Published 17 Jan, 2019 12:00am
South Punjab secretariat to be functional shortly: Sarwar

South Punjab secretariat to be functional shortly: Sarwar

Punjab Governor Mohammad Sarwar said on Wednesday that South Punjab Secretariat and South Punjab Public Service Commission will start working soon. The governor said this while addressing the participants of 48th staff course of Pakistan Navy War College
Published 17 Jan, 2019 12:00am
Potato growers announce to end sit-in

Potato growers announce to end sit-in

Potato growers on Wednesday announced to end their sit-in after assurance by Punjab Agriculture Minister Malik Noman Ahmad Langrial that every possible step would be taken to save them from exploitation. Langrial said the provincial government had written
Published 17 Jan, 2019 12:00am
Four sewage treatment plants approved

Four sewage treatment plants approved

Punjab Provincial Development Working Party has approved the construction of four (04) sewage treatment plants and required sewerage lines along Rawal Lake, its surroundings and catchments area at the cost of Rs 972 million to keep the drinking water of t
Published 17 Jan, 2019 12:00am
FPCCI demands government to resolve GIDC issue

FPCCI demands government to resolve GIDC issue

The President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Engr Daroo Khan Achakzai Wednesday urged the government to resolve the long outstanding issue of Gas and Infrastructure Development Cess (GIDC) in consultation with the k
Published 17 Jan, 2019 12:00am
Raw sugar touches two-month high

Raw sugar touches two-month high

Raw sugar futures rose to a two-month high on Wednesday, boosted by fund short covering, while cocoa regained much of the prior session's losses. March raw sugar settled up 0.01 cent, or 0.1 percent, at 13.17 cents per lb after touching 13.27 cents, the h
Published 17 Jan, 2019 12:00am
Gold rises in Asia

Gold rises in Asia

Gold edged up on Wednesday, supported by uncertainty around Brexit after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union, while calls grew for a pause in US rate hikes. Spot gold was up 0.2 percent at $1,291.49 p
Published 17 Jan, 2019 12:00am
Gold steadies in Europe

Gold steadies in Europe

Gold was steady on Wednesday as support for the metal stemming from uncertainty over Brexit and a partial US government shutdown was countered by a firmer US dollar. Spot gold was little changed at $1,288.77 per ounce at 1255 GMT. US gold futures were als
Published 17 Jan, 2019 12:00am
US MIDDAY: Corn rises

US MIDDAY: Corn rises

US corn futures firmed on Wednesday in a bargain-buying and short-covering bounce as the market's steep drop to six-week lows in the previous session triggered renewed demand for the feed grain. Wheat also rebounded after hitting two-week lows on Tuesday,
Published 17 Jan, 2019 12:00am
US MIDDAY: Palladium hits peak

US MIDDAY: Palladium hits peak

Palladium rose to a record high in early New York trade on Wednesday on increasing demand and lower supply of the metal used in autocatalysts, while gold gained on expectations of a pause in the US Federal Reserve's rate hiking cycle. Palladium jumped to
Published 17 Jan, 2019 12:00am
Government may appoint PTA chairman today

Government may appoint PTA chairman today

The federal government is likely to appoint chairman Pakistan Telecomm-unication Authority (PTA) today (Thursday) from the incumbent three members, well informed sources told Business Recorder. The present members of the authority are Muhammad Nave
Published 17 Jan, 2019 12:00am
LHC allows Hamza to go abroad for 10 days

LHC allows Hamza to go abroad for 10 days

The Lahore High Court on Wednesday allowed Leader of Opposition in Punjab Assembly Hamza Shahbaz to fly abroad for 10 days. The court also issued notice to the interior ministry and sought its reply within fortnight. Earlier, Justice Muhammad Farrukh Irfa
Published 17 Jan, 2019 12:00am
Punjab CM vows to improve working of institutions

Punjab CM vows to improve working of institutions

Punjab chief minister Sardar Usman Buzdar Wednesday said that provision of job opportunities as well as new houses is a part of PTI agenda and suitable places are being identified for the construction of houses for homeless people.
Published 17 Jan, 2019 12:00am
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