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Print - 2019-10-03
A glass half full?
Exchange

A glass half full?

This seems to be the season of harvesting hopes. One after another, like manna from heaven - the food that God miraculously provided to the lost tribes wandering in the wilderness - good news is pouring in.
Updated 03 Oct, 2019 06:16am
Violation of fundamental rights

Violation of fundamental rights

The merger of Fata and Pata with Khyber Pakhtunkhwa was to provide the people of these areas with fundamental rights enshrined in the Constitution. Instead the PTI government has promulgated the Khyber Pakhtunkhwa Actions (in Aid of Civil Power) Ordinance
Updated 03 Oct, 2019 06:52am
Revenue shortfall and POL products' prices
Exchange

Revenue shortfall and POL products' prices

The Federal Board of Revenue (FBR) has released data that reflects a 111 billion rupees shortfall from the budgeted revenue target for the first quarter (July-September). The Chairman FBR, Shabbar Zaidi, highlighted the 25 percent rise in revenue against
Updated 03 Oct, 2019 06:43am
CPI registers 11.37 percent increase in September
Vegetable Oil

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
CPI registers 11.37 percent increase in September
Vegetable Oil

CPI registers 11.37 percent increase in September

The National Consumer Price Index has registered an increase of 11.37 percent from 113.90 points in September 2018 to 126.86 points in September 2019, said Pakistan Bureau of Statistics (PBS). The PBS last month changed the base year from 2007-08 to 2015-
Published 03 Oct, 2019 12:00am
FBR issues Rs 30.1 billion refunds in first quarter

FBR issues Rs 30.1 billion refunds in first quarter

The Federal Board of Revenue (FBR) has issued refunds of Rs 30.1 billion during the first three months (July-September) of 2019-20. It is learnt that the FBR had intended to reduce refunds by Rs 75 billion during the first quarter of 2019-20 under a plan
Published 03 Oct, 2019 12:00am
FBR issues Rs 30.1 billion refunds in first quarter

FBR issues Rs 30.1 billion refunds in first quarter

The Federal Board of Revenue (FBR) has issued refunds of Rs 30.1 billion during the first three months (July-September) of 2019-20. It is learnt that the FBR had intended to reduce refunds by Rs 75 billion during the first quarter of 2019-20 under a plan
Published 03 Oct, 2019 12:00am
SRB posts 13.3 percent revenue growth in first quarter

SRB posts 13.3 percent revenue growth in first quarter

Sindh Revenue Board (SRB) has posted 13.3 percent growth in revenue collection during the first quarter of current fiscal year. According to official details, during the first quarter of ongoing financial year, SRB collected Rs 23 billion as against the c
Published 03 Oct, 2019 12:00am
SRB posts 13.3 percent revenue growth in first quarter

SRB posts 13.3 percent revenue growth in first quarter

Sindh Revenue Board (SRB) has posted 13.3 percent growth in revenue collection during the first quarter of current fiscal year. According to official details, during the first quarter of ongoing financial year, SRB collected Rs 23 billion as against the c
Published 03 Oct, 2019 12:00am
Onion prices have gone crazy

Onion prices have gone crazy

From Kathmandu to Colombo, it's a kitchen nightmare: Onion prices have gone crazy. That's because India, the world's biggest seller of the Asian diet staple, has banned exports after extended Monsoon downpours delayed harvests and supplies shrivelled. And
Published 03 Oct, 2019 12:00am
Onion prices have gone crazy

Onion prices have gone crazy

From Kathmandu to Colombo, it's a kitchen nightmare: Onion prices have gone crazy. That's because India, the world's biggest seller of the Asian diet staple, has banned exports after extended Monsoon downpours delayed harvests and supplies shrivelled. And
Published 03 Oct, 2019 12:00am
Niazi moves LHC against Pemra

Niazi moves LHC against Pemra

Hafeezullah Khan Niazi, brother-in-law of Prime Minister Imran Khan, on Wednesday moved the Lahore High Court against a 30-day ban on his appearance in television channels. The petitioner said the ban imposed by Pakistan Electronic Media Regulatory Author
Published 03 Oct, 2019 12:00am
Niazi moves LHC against Pemra

Niazi moves LHC against Pemra

Hafeezullah Khan Niazi, brother-in-law of Prime Minister Imran Khan, on Wednesday moved the Lahore High Court against a 30-day ban on his appearance in television channels. The petitioner said the ban imposed by Pakistan Electronic Media Regulatory Author
Published 03 Oct, 2019 12:00am
Inherited property: SC tells man to give due share to his sisters

Inherited property: SC tells man to give due share to his sisters

The Supreme Court Wednesday directed a man to give due share from inherited property to his two sisters. A two-judge bench of the apex court was hearing a property dispute between one Abdul Ghafoor of Peshawar and his two sisters. Justice Qazi Faez Isa, a
Published 03 Oct, 2019 12:00am
Inherited property: SC tells man to give due share to his sisters

Inherited property: SC tells man to give due share to his sisters

The Supreme Court Wednesday directed a man to give due share from inherited property to his two sisters. A two-judge bench of the apex court was hearing a property dispute between one Abdul Ghafoor of Peshawar and his two sisters. Justice Qazi Faez Isa, a
Published 03 Oct, 2019 12:00am
PM terms CPEC a manifestation of Pak-China friendship

PM terms CPEC a manifestation of Pak-China friendship

Prime Minister Imran Khan has reaffirmed the commitment for timely completion of CPEC related projects. He was presiding over a meeting on Wednesday to review progress on the corridor projects and cooperation with China in other sectors of the economy. Im
Published 03 Oct, 2019 12:00am
PM terms CPEC a manifestation of Pak-China friendship

PM terms CPEC a manifestation of Pak-China friendship

Prime Minister Imran Khan has reaffirmed the commitment for timely completion of CPEC related projects. He was presiding over a meeting on Wednesday to review progress on the corridor projects and cooperation with China in other sectors of the economy. Im
Published 03 Oct, 2019 12:00am
ECC decides to increase power tariff by Re 0.53 per unit

ECC decides to increase power tariff by Re 0.53 per unit

The Economic Coordination Committee (ECC) has decided to increase electricity tariff by Re 0.53 per unit on account of annual tariff adjustment and distribution margin. Sources on condition of anonymity said that increase may be of Re 0.83 per unit instea
Published 03 Oct, 2019 12:00am
ECC decides to increase power tariff by Re 0.53 per unit

ECC decides to increase power tariff by Re 0.53 per unit

The Economic Coordination Committee (ECC) has decided to increase electricity tariff by Re 0.53 per unit on account of annual tariff adjustment and distribution margin. Sources on condition of anonymity said that increase may be of Re 0.83 per unit instea
Published 03 Oct, 2019 12:00am
Businesspeople meet army chief?

Businesspeople meet army chief?

Country's leading industrialists and businessmen met with Chief of Army Staff (CoAS) General Qamar Javed Bajwa at a reception held at Army General Headquarter where they discussed with him the problems being faced by the members of business community, def
Published 03 Oct, 2019 12:00am
Businesspeople meet army chief?

Businesspeople meet army chief?

Country's leading industrialists and businessmen met with Chief of Army Staff (CoAS) General Qamar Javed Bajwa at a reception held at Army General Headquarter where they discussed with him the problems being faced by the members of business community, def
Published 03 Oct, 2019 12:00am
Projects worth Rs 681 billion approved by Ecnec
Exchange

Projects worth Rs 681 billion approved by Ecnec

The Executive Committee of National Economic Council (Ecnec) has approved over Rs 681 billion projects for various sectors, including construction of Yellow Bus Rapid Transit (BRT) corridor and land acquisition and purchase of built-up property for Dasu D
Published 03 Oct, 2019 12:00am
Projects worth Rs 681 billion approved by Ecnec
Exchange

Projects worth Rs 681 billion approved by Ecnec

The Executive Committee of National Economic Council (Ecnec) has approved over Rs 681 billion projects for various sectors, including construction of Yellow Bus Rapid Transit (BRT) corridor and land acquisition and purchase of built-up property for Dasu D
Published 03 Oct, 2019 12:00am
KSE-100 Index extends rally: BRIndex100 consolidates gains
Exchange

KSE-100 Index extends rally: BRIndex100 consolidates gains

Pakistan Stock Exchange Wednesday ended on a positive note on the back of healthy buying in various sectors. BRIndex100 gained 18.62 points or 0.55 percent to close at 3,388.84 points the BRIndex-100 touched an intraday high of 3,389.49 and intraday low o
Published 03 Oct, 2019 12:00am
KSE-100 Index extends rally: BRIndex100 consolidates gains
Exchange

KSE-100 Index extends rally: BRIndex100 consolidates gains

Pakistan Stock Exchange Wednesday ended on a positive note on the back of healthy buying in various sectors. BRIndex100 gained 18.62 points or 0.55 percent to close at 3,388.84 points the BRIndex-100 touched an intraday high of 3,389.49 and intraday low o
Published 03 Oct, 2019 12:00am
KSE-100 Index extends rally: BRIndex100 consolidates gains
Exchange

KSE-100 Index extends rally: BRIndex100 consolidates gains

Pakistan Stock Exchange Wednesday ended on a positive note on the back of healthy buying in various sectors. BRIndex100 gained 18.62 points or 0.55 percent to close at 3,388.84 points the BRIndex-100 touched an intraday high of 3,389.49 and intraday low o
Updated 03 Oct, 2019 04:55am
Britain unveils new Brexit plan with warning over no deal

Britain unveils new Brexit plan with warning over no deal

Britain on Wednesday unveiled its own Brexit plan for keeping the Irish border open, with Prime Minister Boris Johnson warning the only alternative was leaving the European Union on October 31 without any deal. After earlier saying that this was his "fina
Published 03 Oct, 2019 12:00am
Britain unveils new Brexit plan with warning over no deal

Britain unveils new Brexit plan with warning over no deal

Britain on Wednesday unveiled its own Brexit plan for keeping the Irish border open, with Prime Minister Boris Johnson warning the only alternative was leaving the European Union on October 31 without any deal. After earlier saying that this was his "fina
Published 03 Oct, 2019 12:00am
Ex-Secretary Finance Dagha opts for early retirement

Ex-Secretary Finance Dagha opts for early retirement

Younus Dagha, former Secretary Finance and one of the brilliant officers of Pakistan Administrative Service (PAS) has opted for early retirement, three months after being made OSD, well-informed sources told Business Recorder. Dagha served as Secre
Published 03 Oct, 2019 12:00am
Ex-Secretary Finance Dagha opts for early retirement

Ex-Secretary Finance Dagha opts for early retirement

Younus Dagha, former Secretary Finance and one of the brilliant officers of Pakistan Administrative Service (PAS) has opted for early retirement, three months after being made OSD, well-informed sources told Business Recorder. Dagha served as Secre
Published 03 Oct, 2019 12:00am
Developing country debt jumps to $7.8 trillion in 2018: World Bank

Developing country debt jumps to $7.8 trillion in 2018: World Bank

Total foreign debt held by developing nations jumped more than five percent to $7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday. But the data show an increasing share of countries where the debt burden is risi
Published 03 Oct, 2019 12:00am
Developing country debt jumps to $7.8 trillion in 2018: World Bank

Developing country debt jumps to $7.8 trillion in 2018: World Bank

Total foreign debt held by developing nations jumped more than five percent to $7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday. But the data show an increasing share of countries where the debt burden is risi
Published 03 Oct, 2019 12:00am
Major IT firms decide to quote prices in US dollar
Exchange

Major IT firms decide to quote prices in US dollar

Some leading players of the IT industry in the country have decided to quote prices in US dollar. In this regard, a letter was signed by top players of the IT infrastructure industry and they have disseminated the notification to their customers as well,
Published 03 Oct, 2019 12:00am
Major IT firms decide to quote prices in US dollar
Exchange

Major IT firms decide to quote prices in US dollar

Some leading players of the IT industry in the country have decided to quote prices in US dollar. In this regard, a letter was signed by top players of the IT infrastructure industry and they have disseminated the notification to their customers as well,
Published 03 Oct, 2019 12:00am
India-Pakistan nuclear war could kill 100 million
Exchange

India-Pakistan nuclear war could kill 100 million

The year is 2025 and militants have attacked India's parliament, killing most of its leaders. New Delhi retaliates by sending tanks into Azad Jammu and Kashmir. Fearing it will be overrun, Islamabad hits the invading forces with its battlefield nuclear we
Published 03 Oct, 2019 12:00am
India-Pakistan nuclear war could kill 100 million
Exchange

India-Pakistan nuclear war could kill 100 million

The year is 2025 and militants have attacked India's parliament, killing most of its leaders. New Delhi retaliates by sending tanks into Azad Jammu and Kashmir. Fearing it will be overrun, Islamabad hits the invading forces with its battlefield nuclear we
Published 03 Oct, 2019 12:00am
Kargil's apricot harvest rotting

Kargil's apricot harvest rotting

Nearly two months after the Indian government changed the status of the disputed Himalayan region of Kashmir, new tensions are brewing in occupied Ladakh, a remote and picturesque part of that territory that borders China.
Published 03 Oct, 2019 12:00am
Kargil's apricot harvest rotting

Kargil's apricot harvest rotting

Nearly two months after the Indian government changed the status of the disputed Himalayan region of Kashmir, new tensions are brewing in occupied Ladakh, a remote and picturesque part of that territory that borders China.
Published 03 Oct, 2019 12:00am
Khalilzad to hold talks with PM, army chief

Khalilzad to hold talks with PM, army chief

US Special Representative for Afghanistan Reconciliation Zalmay Khalilzad and a high-level Afghan Taliban delegation are in Islamabad for crucial talks with civil and military leadership 'to discuss possibilities of resuming the paused political settlemen
Published 03 Oct, 2019 12:00am
Khalilzad to hold talks with PM, army chief

Khalilzad to hold talks with PM, army chief

US Special Representative for Afghanistan Reconciliation Zalmay Khalilzad and a high-level Afghan Taliban delegation are in Islamabad for crucial talks with civil and military leadership 'to discuss possibilities of resuming the paused political settlemen
Published 03 Oct, 2019 12:00am
The Weather

The Weather

The weather report on Wednesday (October 02, 2019) and the forecast for Thursday (October 03, 2019).

Updated 03 Oct, 2019 05:23am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 02, 2019).

Updated 03 Oct, 2019 05:44am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (October 02, 2019).

Updated 03 Oct, 2019 05:46am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (October 02, 2019).

Updated 03 Oct, 2019 05:48am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (October 02, 2019)

Updated 03 Oct, 2019 05:54am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 02, 2019).

Published 03 Oct, 2019 12:00am
Shipping Intelligence

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (October 02, 2019).

Published 03 Oct, 2019 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee managed to hold almost present levels against the dollar on the money market on Wednesday in the process of trading activity, dealers said.
Published 03 Oct, 2019 12:00am
THE RUPEE: stable trend
Currency

THE RUPEE: stable trend

The rupee managed to hold almost present levels against the dollar on the money market on Wednesday in the process of trading activity, dealers said.
Published 03 Oct, 2019 12:00am
Member to Member

Member to Member

The following transactions member to member subsequently reported on Wednesday (October 02, 2019).

Published 03 Oct, 2019 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 03 Oct, 2019 12:00am