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Top News

To open or not to open the Nato supply routes

Is reopening the Nato supply route such a sin that the government doesn't want to be seen committing it publicly, while the media, both national ... Read More

May 19, 2012Comments

Poles apart

National Assembly Speaker Dr Fehmida Mirza has taken some wind out of the sails of those who believe she would help neuter the Supreme Court ... Read More

May 17, 2012Comments

Low inflows for budget 2012-13

The Standing Committee on Finance chaired by Fauzia Wahab has reportedly proposed a range of revenue generating measures for the forthcoming fiscal year that include ... Read More

May 15, 2012Comments

Pakistan

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Industries & Sectors

EPD issues notices to 110 industrial units

LAHORE: Environment Protection Department (EPD) Punjab issued notices to 110 polluter industrial units on Friday. EPD sources said that six squads were constituted last week in ... Read More

Friday, 18 May 2012 Comments

Banking & Finance

Islamic banking records robust growth: experts

KARACHI: Islamic banking has recorded a robust growth in the country in the last few years and can further expand tremendously with the help of ... Read More

Friday, 18 May 2012 Comments

Miscellaneous

Floods 2012 - an imminent reality?

Chairman National Disaster Management Authority, Dr Zafar Iqbal Qadri, is quoted in these pages on Thursday describing the floods that might take place again this ... Read More

May 18, 2012Comments

Fertilizer

Fertiliser sector needs the gas most

The inevitable happened last week as the leading fertiliser manufacturer, Fauji Fertilizer Company (FFC) announced a reduction of Rs.140 per bag in urea prices. It ... Read More

May 14, 2012Comments

Oil and Gas

 

Corporate confidence in oil and gas

Driven persistently by volatility, the worldwide oil and gas market sentiments pendulum has been swaying vigorously between economic instability and higher crude prices. After creeping ... Read More

May 14, 2012Comments

Business & Finance

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Industries & Sectors

 

New lawsuit takes aim at Facebook privacy

SAN FRANCISCO: A new lawsuit consolidating several complaints about Facebook's privacy policies was filed Friday in California, seeking damages for US users of the social ... Read More

Saturday, 19 May 2012 Comments

Banking & Finance

Spanish bank crisis deepens; markets await summit

MADRID: Spanish banks skidded deeper into a credit crisis on Friday as world leaders headed to the United States to try to prevent a Greek-driven ... Read More

Friday, 18 May 2012 Comments

Managed Funds

VTB Capital buys stake in Siberian gold miner Zapadnaya

MOSCOW: VTB Capital, an investment arm of VTB, Russia's No.2 lender, has acquired a minority stake in Siberian gold miner Zapadnaya God Mining, which tried ... Read More

Friday, 18 May 2012 Comments

Markets

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FXMM

Sterling recovers from 2-month low against dollar

LONDON: Sterling hit a two month low against the dollar on Friday before recovering slightly, and remains vulnerable to the euro zone's mounting problems because ... Read More

Friday, 18 May 2012 Comments

Fixed Income

Kenya yields head into single digits

LONDON: Kenyan Treasury bill yields are likely to fall to single digits for the first time since September at an auction next week, while healthy ... Read More

Friday, 18 May 2012 Comments

Commodities

US Plains fed cattle trade higher at $123-$124 per cwt

CHICAGO: Fed cattle in Texas and Kansas traded late on Friday $3 to $4 higher at $123 to $124 per cwt, according to feedlot sources. The ... Read More

Saturday, 19 May 2012 Comments

Sports

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Cricket

 

Ton-up Strauss gives England edge over Windies

LONDON: England captain Andrew Strauss ended his 18-month wait for a Test century as he led his side into a first innings lead on the ... Read More

Friday, 18 May 2012 Comments

Other Sports

 

Rome Masters results

ROME: Results from the fifth day of the Rome Masters tournament on Friday (x denotes seeding): Quarter-finals Men Novak Djokovic (SRB x1) bt Jo-Wilfried Tsonga (FRA x5) 7-5, ... Read More

Friday, 18 May 2012 Comments

Picture of the day

News in Pictures


Source: KSE

Energy Challenges Review

China Wholesale

brindex
10143.94   Arrow 213.84
+

Brief Recordings

Letter to Editor

e-Paper

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On the Record

Asad Umar is former CEO and president of Engro Corporation

Asad Umar is former CEO and president of Engro Corporation

BR Research: First of all, tell us what did motivate you to step out as chief executive and president of Engro Corporation and join politics? 

Asad Umar: At Engro there is a very strong sense of mission and a very strong connection with the people; not just with our team and ... More...

ArrowEuro 1.2782
ArrowSterling 1.5818
ArrowSwiss Franc 0.9398
ArrowYen 79.0200
ArrowGold 1591.900
ArrowCotton 77.990
ArrowOil 91.480
Index Closing Chg%
Arrow DJIA 12,369.38 0.59
Arrow Nasdaq 2,778.79 1.24
Arrow S&P 1,295.22 0.74
Arrow FTSE 5,267.62 1.33
Arrow DAX 6,271.22 0.60
Arrow CAC-40 3,008.00 0.13
Arrow Nikkei 8,611.31 2.99
Arrow H.Seng 18,951.85 1.30
Arrow Sensex 16,152.75 0.51

The Rupee

Interbank closing rates for dollar on Friday.
BuyingRs 90.93
SellingRs 90.97
Dollar near 91 in interbank

Budget 2011-12

Annual2010/11
Foreign Debt $59.53bn
Per Cap Income $1254
GDP Growth 2.4%
Average CPI 14.10%
MonthlyMarch
Trade Balance $-1.496 bln
Exports $1.85 bln
Imports $1.26 bln
WeeklyMay 17, 2012
Reserves $16.103 bln
ArrowBRIndex-30 10,124.07
ArrowKSE-30 Index 11,980.80
ArrowKSE-100 Index 13,857.78
ArrowLSE-25 Index 3,527.89
ArrowISE-10 Index 2,752.87
ArrowGold Per 10gm 47,314.00
ArrowKCA Spot Rate 5,900.00
ArrowLibor Rate 0.73640

Press Release

Telenor Talkshawk I-Champ to help empower new digital generation in Pakistan

2012-05-14 11:01:45
LAHORE: Telenor Pakistan has launched a nationwide project that will help empower a new digital generation in Pakistan. Telenor Talkshawk I-Champ is a knowledge-based initiative that ...

BR Events

'ZONG UNITED KICKOFF' Football Tournament creates sporting history

  ISLAMABAD: 'ZONG UNITED KICKOFF' Football Tournament 2012 was launched on Friday, May 4 to great public excitement, simultaneously in five cities of Pakistan. The tournament is for the selection of ... Read More

2012-05-10 13:19:35 Comments

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