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COVID-19 TOTAL DAILY
CASES 285,921 0
DEATHS 6,129 0
Sindh 124,556 Cases
Punjab 94,715 Cases
Balochistan 11,956 Cases
Islamabad 15,296 Cases
KP 34,859 Cases
Print Updated 13 Aug, 2020 03:33am

KE rejects allegations by Nepra

ISLAMABAD: Karachi Electric (KE) has reportedly brushed aside allegations leveled by National Electric Power...

KE rejects allegations by Nepra
Currency Rate
USD PKR Interbank Selling / Aug 13
168.50
USD PKR Interbank Buying / Aug 13
168.20
USD to Japanese Yen / Aug 13
106.86
USD to Swiss Franc / Aug 13
0.91
Pound Sterling to USD / Aug 13
1.30
Euro to USD / Aug 13
1.18
Stock Volume
S&P 500 / Aug 13
3380.35
India Sensex / Aug 13
38369.63
Tokyo Nikkei / Aug 13
22843.96
Nasdaq / Aug 13
11012.24
Hang Seng / Aug 13
25244.02
FTSE 100 / Aug 13
6280.12
Dow Jones / Aug 13
27976.84
Germany DAX 30 / Aug 13
13058.63
France CAC40 / Aug 13
5073.31
Indicator Value
Weekly Foreign Reserves / Aug 13
19562.90
UK LIBOR / Aug 13
0.33
GDPGROWTH / Aug 13
5.40
Foreign Debt / Aug 13
15087.50
Per Capita Income (CPI) / Aug 13
1516.00
Average CPI / Aug 13
11.11

Business

BR Research

Private sector credit

For private sector credit offtake, FY20 wasn’t a good year. Data compiled by the central bank shows that less than...

Published 13 Aug, 2020 09:15am
Noorani terms 3pc VAT on PFY unfair

Noorani terms 3pc VAT on PFY unfair

KARACHI: Chairman Standing committee on imports, convener yarn trade committee, Federation of Pakistan Chambers of...

Updated 13 Aug, 2020 03:39am
Stocks

S&P 500 finishes within points of record high close

  • Heavyweights Microsoft Corp, Amazon.com Inc and Apple Inc were among the top boosts to the S&P 500.
  • The Nasdaq and Dow also rose sharply. The Nasdaq was the first of the three major indexes to bounce back to an all-time high in June.
Published 13 Aug, 2020 01:19am
Energy

US fuel inventories fall as demand rebounds

  • Refinery utilization rose 1.4 percentage points to 81% of total capacity nationally in the week to Aug. 7, the Energy Information Administration.
  • US fuel demand rose to 19.37 million barrels per day last week, the highest since March, reducing gasoline.
Published 13 Aug, 2020 12:36am

BR Research

BR Research

Biden’s bet

Less than three months are left in US presidential elections, but the run-up to November 3 poll has been...

Published 13 Aug, 2020 09:14am
BR Research

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) is an oil marketing company and is part of the Attock Oil Group of Companies. ...

Published 13 Aug, 2020 09:13am
BR Research

The Ravi dream

The proposed Ravi riverfront urban development project is as challenging as constructing five million houses in five...

Published 12 Aug, 2020 09:24am
BR Research

After Stabilization ?

In its recent State of the Economy report, the central bank rightly noted that the shock from Covid-19 “should not...

Published 12 Aug, 2020 09:24am

Pakistan

Latest

Print
UK suffers record recession

UK suffers record recession

LONDON: Britain's economy shrank by a record 20.4% in the second quarter when the coronavirus lockdown was tightest,...

Updated 13 Aug, 2020 03:40am

World

Towards a greener Pakistan

EDITORIAL: Prime Minister Imran Khan launched a massive reforestation project on Sunday with the planting of 3.5...

State of the economy

EDITORIAL: The Cabinet was briefed on the state of the economy showing a markedly improved position for fiscal year...

Loya jirga decision

EDITORIAL: Now that the Afghan government has agreed to release 400 "hardcore" Taliban prisoners, on the advice of...

New shipping policy

EDITORIAL: Ali Haider Zaidi, the Federal Minister for Maritime Affairs, has announced the PTI government's shipping...

The way forward

EDITORIAL: Now that the government has deemed fit to reopen a number of public places, considering how the...