BUSINESS
Week-long CNG closure announced in Punjab; two-day closure in Sindh
The SNGC announced a week-long closure of CNG in Punjab, whereas the SSGC announced a two-day closure in Sindh.
Top Stories
Apple offshore loopholes averted taxes: panel
Apple avoided paying taxes on billions of dollars through a complex network of subsidiaries.
SC orders special audit of Raja’s issuing of funds
Moreover, Raja Ashraf submitted an apology over a contempt notice issued by the apex court in the RPPs case.
Nawaz chairs meeting on energy, financial crises
Over 25 experts were also present to consider strategies to resolve the two most pressing issues facing the country.
KSE value crosses Rs5 trillion
The noticeable feature of trading on Monday was the inflow of foreign portfolio investment of $11.93 million.
Rupee slips after pre-poll boost
Experts and currency market dealers said that the market has lost pre-election sentiment.
Yahoo! to buy blog-maker Tumblr for $1.1 bn
The deal, if confirmed, would be the largest for Yahoo! since Marissa Mayer took over as chief executive last year
World stocks rise on signs of steady US recovery
Evidence of a steady economic recovery in the US helped push world stock markets higher on Monday.
India's Internet search engine Just Dial launches IPO
It aims to tap the buoyant Indian stock market, sell 17.5 mln shares to raise up to 950 billion rupees ($174 million).
Danone strikes deals to meet Chinese taste for yoghurt
The intention is to build on a joint market share of about one-fifth of the Chinese market for dairy products.
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Bullion rates
Bullion rates in Rupees per 10 grams
| Gold Tezabi (24-ct) | Silver Tezabi |
|---|---|
| 44,742 | 728.57 |
Exchange Rates
Exchange Rates for Currency Notes
| Countries | Selling (Rs.) | Buying (Rs.) |
|---|---|---|
| U.S.A. | 99.28 | 96.91 |
| U.K. | 150.88 | 147.25 |
| Euro | 127.49 | 124.46 |
| Japan | 0.9668 | 0.9433 |
| Saudi Arabia | 26.47 | 25.83 |
| Hong Kong | - | - |
| U.A.E. | 27.03 | 25.84 |
Spot Rates
Spot rates for public per unit of currency
| Countries | Selling T.T & O.D | Buying T.T Clean | Buying O.D/T.Chq |
|---|---|---|---|
| U.S.A. | 98.30 | 98.10 | 97.89 |
| U.K. | 149.38 | 149.08 | 148.74 |
| Euro | 126.23 | 125.98 | 125.71 |
| Japan | 0.9572 | 0.9553 | 0.9528 |
| Saudi Arabia | 26.21 | 26.16 | 26.09 |
| Hong Kong | 12.66 | 12.64 | 12.09 |
| U.A.E. | 26.76 | 26.71 | 26.64 |