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Pakistan Published 26 Jan, 2021 02:12pm

Broadsheet scandal: Cabinet approves formation of inquiry commission to hold investigation

  • A former Supreme Court judge will head the commission that will be mandated to carry out a comprehensive investigation into the Broadsheet scandal
  • The commission will re-investigate cases involving bigwigs, which were closed out of expediency
Broadsheet scandal: Cabinet approves formation of inquiry commission to hold investigation
Currency Rate
USD PKR Interbank Selling / Jan 26
160.85
USD PKR Interbank Buying / Jan 26
160.75
USD to Japanese Yen / Jan 26
103.78
USD to Swiss Franc / Jan 26
0.89
Pound Sterling to USD / Jan 26
1.37
Euro to USD / Jan 26
1.21
Stock Volume
S&P 500 / Jan 26
3842.69
India Sensex / Jan 26
48347.59
Tokyo Nikkei / Jan 26
28822.29
Nasdaq / Jan 26
13577.42
Hang Seng / Jan 26
30159.01
FTSE 100 / Jan 26
6638.85
Dow Jones / Jan 26
30870.85
Germany DAX 30 / Jan 26
13643.95
France CAC40 / Jan 26
5472.36
Indicator Value
UK LIBOR % / Jan 26
0.09

Business & Finance

BR Research

Power up!

The inevitable has happened. The Prime Minister had to give in having held back the power base tariff increase for...
Updated 26 Jan, 2021 02:58pm
Companies

BT Italy false accounting trial to resume in April

  • In a short hearing on Tuesday morning, the court went through formalities such as verifying the legal representatives of the defendants.
  • BT took a 530 million pound ($725 million) charge in its accounts in 2017 relating to the alleged false accounting.
Published 26 Jan, 2021 07:11pm
Lockheed Martin misses profit estimates on lower F-35 deliveries
Companies

Lockheed Martin misses profit estimates on lower F-35 deliveries

  • Shares of the company fell 1.2% in premarket trading, after the company said fourth-quarter deliveries of its F-35 jets fell 17.6% from 51 jets a year earlier.
  • Lockheed forecast full-year earnings for 2021 to be in the range of $26.00 to $26.30 per share, above analysts' average expectation of $26.13 per share.
Published 26 Jan, 2021 07:02pm
Companies

Aviva sets February deadlines for $6.6bn disposals in France and Poland

  • The London-based insurer, led by boss Amanda Blanc, is expected to sell its French business for about 3.5 billion euros while the Polish operations are valued at roughly 2 billion euros.
  • Aviva declined to comment on the sale but confirmed it was exploring strategic options across its portfolio.
Published 26 Jan, 2021 06:54pm
Energy

US natgas futures rise 2pc to a 1-week high on colder forecasts

  • On its second to last day as the front-month, gas futures for February delivery rose 5.2 cents, or 2.0%, to $2.654 per million British thermal units.
  • At-the-money implied volatility for the futures, a determinant of an option's premium, fell to 45.2%, its lowest since March.
Published 26 Jan, 2021 06:37pm

BR Research

BR Research
A billion-dollar question

A billion-dollar question

As per the latest SBP data, the mobile handset imports surged to $1.1 billion in Jul-Dec 2020 period. This figure is...
Published 26 Jan, 2021 07:35am
BR Research

Gur over sugar?

A social media campaign of sorts is gaining traction over the past few months. Keyboard warriors – egged on by...
Published 26 Jan, 2021 07:40am

Pakistan

Pakistan likely to receive Pfizer-BioNTech vaccine under COVAX programme

  • The WHO signed an advance purchase agreement with the American pharmaceutical, where it will receive at least 40 million doses of the drug.
  • It also anticipates another 50 million doses from UK-based pharmaceutical Oxford-Astrazeneca. As per the existing agreement with the company, the shipment will be made in first quarter of the year.
Published 26 Jan, 2021 05:09pm

Five injured as student protests in Lahore, Faisalabad turn violent

  • Students of the Central University of Punjab in Lahore staged a sit-in outside their campus and requested the management to hold talks with them at 2pm.
  • The students have demanded that either exam be taken online or universities should postpone the finals.
Updated 26 Jan, 2021 03:54pm

LHC accepts petition seeking ban on TikTok, other social media apps

  • Advocate Waqas Anwar Gujjar stated that the social media applications like TikTok, Bigo Live, Likee and others are becoming a source of waste of time for youngsters
  • Many youngsters who while trying to shoot short videos for the TikTok had lost their lives: Petitioner
Published 26 Jan, 2021 02:56pm

Over 1,000 patients treated in free medical camp

  • Former MPA Mehtab Akbar Rashdi says women, children need special attention.
  • The doctors and medical experts carried physical examination of patients suffering from Hypertension, Diabetes Mellitus, Breast Cancer and Tuberculosis.
Updated 26 Jan, 2021 06:00pm

Latest

World

Mexico's coronavirus death toll passes 150,000

Mexico's coronavirus death toll passes 150,000
  • Mexico City has been in a state of maximum alert since mid-December, with more than 90 percent of hospital beds full due to soaring infections. Non-essential activities have been suspended in the capital.
Published 26 Jan, 2021 11:01am

World

Europe

UK sells arms to 80% of countries under restrictions: Report

  • British officials have approved the sale of arms to nearly four-fifths of countries subject to arms embargos, sanctions and other restrictions, over the past five years.
  • The United Kingdom has exported military hardware to 58 countries, out of 73 listed as subject to restrictions by the Department for International Trade, including Pakistan, Kenya and China.
Updated 26 Jan, 2021 07:27pm
Europe

Merkel hopes to step up work on digital tax with Biden administration

  • I hope that with the new American administration we can now continue and intensify the work of the OECD on the minimum taxation of digital companies.
  • She added that she hoped "that we will succeed in once again anchoring the central role of competition law globally and preventing the emergence of monopolies."
Published 26 Jan, 2021 07:25pm

Broadsheet conundrum

EDITORIAL: To add one more item to the long and growing list of issues of discord between the government and the...
Food inflation

Food inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) sensitive price index (SPI) for the week ending 14 January 2021,...

Monetary policy statement

EDITORIAL: The Monetary Policy Committee (MPC) in its statement dated 22 January 2021 decided to maintain the policy...
A K2 first

A K2 first

EDITORIAL: A team of Nepalese climbers won the last great prize in mountaineering last Saturday when they became the...
Aaj TV - Tuesday's schedule

Aaj TV - Tuesday's schedule

All timings are in PST (Pakistan Standard Time) 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55 HEADLINE... Published 26 Jan, 2021 05:05am
Moin expects high from Yasir Shah against SA

Moin expects high from Yasir Shah against SA

  • I also feel that the decision to play Zafar Gohar in the presence of Yasir, against New Zealand, was the wrong decision as the former isn’t suited for Test cricket.
Published 26 Jan, 2021 01:26pm