LATEST/BRIEF NEWS:
· US drone strike kills 11 in NWA
· UK paper claims busting Pak visa scam
· Typhoon in Hong Kong injures several
· Obama warns Assad over chemical weapons
· MQM raises Karachi issues with Zardari
· 3 dacoits killed in encounter in Karachi
· Parliament
empowered to amend constitution: AG
· Contempt case
hearing will continue today
· M-bike fitted powerful bomb seized, defused outside
Chinese Consulate in Karachi
· Pakistan to probe Olympic visa racket
· Govt weighs options in NRO case
· Zardari for expediting uplift schemes in Lyari
· Trader gunned down in Lyari
· President Zardari greets Mukherjee
· SM Krishna to
visit Pakistan in Sept
· BLA involve in
Balochistan unrest, claims Malik
Business News:
EXCHANGE FOR CURRENCY NOTES:
U.S.A 95.34
S.Arabia 25.42
U.K 149.75
Japan 1.2129
Euro 116.94
U.A.E 25.96
BULLION RATES IN
RUPEES PER 10 GRAMS
KARACHI
Gold Tezabi (24-ct) Rs 48,342
Silver Tezabi Rs 801.42
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Tue, 24 Jul 2012
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POL prices may go up by Rs7 per
litre from August 1
ISLAMABAD: In an expected but painful development, the prices of POL
products are expected to rise by Rs7 per litre
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Oil falls $1 on renewed euro
zone debt fears
SINGAPORE: Oil prices fell more than $1 a barrel on Monday on renewed fears
about Europe s debt crisis after tiny
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Euro falls below 95 yen for
first time in over a decade
TOKYO: The euro hit fresh lows against the Japanese currency on Monday,
falling below 95 yen for the first time in
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Secretary-level trade talks with
Pak in Sept: India
HYDERABAD: Indian trade secretary S R Rao Saturday said that Pakistan-India
trade secretaries talks that were supp
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Government borrows Rs.51bn in 6
days from SBP
KARACHI: The government has borrowed Rs51 billion in six days from the
State Bank of Pakistan, Geo News reported.
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Prices jack up by 7.95 pc in
current week
KARACHI: During the week ending July 19 as compared to the previous year
food inflation was recorded at 7.95 percent
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IMF economist accuses Fund of
suppressing information
WASHINGTON: A veteran economist at the International Monetary Fund has
resigned in protest at what he calls the IM
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Asian markets mixed after
previous rally
HONG KONG: Asian markets were mixed in early trade on Friday after
impressive rallies in the previous session while
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Dollar mixed in Asian trade
TOKYO: The dollar was mixed in Asian trade Friday after earlier dipping on
speculation that an uncertain US economy
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Crude down in Asia on profit
taking
sparked by tensions in t
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SECP orders inspection of four
companies
ISLAMABAD: In order to ensure the compliance of prevailing laws and statues
by regulates, the Enforcement Department
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KESC links end to outages with
adequate supply of gas
KARACHI: Karachi Electric Supply Company (KESC) on Thursday if adequate gas
is supplied to the utility it would no
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World Bank approves $5mn grant
for Balochistan
ISLAMABAD: The World Bank (WB) announced the approval of a US$ 5 million
grant from Khyber-Pakhthunkhwa, Federally
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Pakistan?s total liquid foreign
exchange reserves $14,939.5mn
KARACHI: Pakistan s total liquid foreign exchange reserves stood at
$14,939.5 million on July 13, 2012, State Bank
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Fruit, vegetable prices shoot up
ahead of Ramazan
KARACHI: In what is seen as a normal phenomenon just before the beginning
of the holy month of Ramzan, the prices
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MOHAMMED SALEEM MANSOORI
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