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Coronavirus
VERY HIGH
Pakistan Deaths
15,754
13524hr
Pakistan Cases
734,423
468124hr
Sindh
269,840
Punjab
255,571
Balochistan
20,499
Islamabad
67,491
KPK
101,045
Pakistan Updated 14 Apr, 2021 04:26pm

Pakistan decides to ban TLP under Anti-Terrorism Act in wake of deadly protests, violence across the country

  • Rasheed called the TLP protesters to surrender and end protests across the country
  • Government will not spare anyone involved in creating law and order and damaging public and private property, the minister said
  • No case registered against TLP men regarding violence during protests will be taken back," he mentioned
Pakistan decides to ban TLP under Anti-Terrorism Act in wake of deadly protests, violence across the country
Currency Rate
USD PKR Interbank Selling / Apr 13
152.75
USD PKR Interbank Buying / Apr 13
152.65
USD to Japanese Yen / Apr 13
109.00
USD to Swiss Franc / Apr 13
0.92
Pound Sterling to USD / Apr 13
1.38
Euro to USD / Apr 13
1.20
UK LIBOR % / Apr 13
0.07
Stock Volume
S&P 500 / Apr 13
4141.59
India Sensex / Apr 13
48544.06
Tokyo Nikkei / Apr 13
29751.61
Nasdaq / Apr 13
13996.10
Hang Seng / Apr 13
28497.25
FTSE 100 / Apr 13
6890.49
Dow Jones / Apr 13
33677.27
Germany DAX 30 / Apr 13
15234.36
France CAC40 / Apr 13
6184.10
Item Value
Crude Oil / Apr 13
60.63
Karachi Cotton Assoc. / Apr 13
10800.00
Gold 10 Grams / Apr 13
94564.00
Gold Spot / Apr 13
1745.90
Cotton / Apr 13
81.46

Business & Finance

BR Research

Where the buck stops

Every year in March, there is a sudden burst of activity in the development world and amongst donor circles around...
Published 14 Apr, 2021 07:30am
Commodities

Wheat up 7-9 cents, soy up 6-9 cents, corn up 5-8 cents

  • CBOT wheat gained overnight, boosted by strength in corn and soybeans as concerns over dryness in Europe and US spring wheat planting regions continue to provide support.
  • CBOT's most-active wheat contract climbed above its 100-day moving average overnight, nearing its 50-day moving average of $6.40.
Published 14 Apr, 2021 06:19pm
Abu Dhabi's Etihad in talks to divest Air Seychelles stake
Companies

Abu Dhabi's Etihad in talks to divest Air Seychelles stake

  • The move would leave the Seychelles government as the sole shareholder of Air Seychelles as the Abu Dhabi carrier further unwinds its failed strategy of investing in other airlines.
  • "It's been formalised as we speak. It's happening right now," said Althius, a former Etihad executive, during an online event by aviation consultancy CAPA.
Published 14 Apr, 2021 05:49pm
Companies

Ford to offer hands-free driving in some car, truck models later this year

  • The automaker said its BlueCruise technology will be offered on its 2021 model year F-150 pickup trucks and the Mustang Mach-E electric crossovers equipped with its Co-Pilot360 driver assistance package.
  • Rivals General Motors Co and Tesla Inc also offer similar driving assistance technologies called the 'Super Cruise' and 'Autopilot', respectively.
Published 14 Apr, 2021 05:45pm
Money & Banking

Lebanon's Central Bank calls for swift action to curb subsidies

  • The bank said it had been forced to sell dollars in recent months to prevent inflation, which has already reached 84%, from spiralling as high as 275%, and the remaining reserves needed to be protected.
  • The Central Bank said the government should act quickly because of "the danger of the situation and the economic and social impact of any delay."
Published 14 Apr, 2021 05:35pm
Industry

India's Infosys posts 17.5pc fourth-quarter profit jump

  • The company won large deals worth a total of $2.1 billion in the quarter and added 130 clients, up from 84 additions in the same period last year.
  • Infosys posted consolidated net profit of 50.76 billion rupees ($675.39 million) in the three months to March 31, up from 43.21 billion rupees a year earlier.
Published 14 Apr, 2021 05:15pm

BR Research

Pakistan

Saudi Arabia gifts 100 tonnes of dates to Pakistan

  • Saudi Ambassador to Pakistan, Nawaf bin Said Al-Malki handed over the consignment to the Cabinet Division.
  • The move is aimed at resetting ties with Islamabad after last year’s spat.
Published 14 Apr, 2021 04:22pm

PM Khan launches low-cost housing project in Sargodha

  • Under this scheme, a total of 1,175 houses of three marlas will be constructed at six locations in the Sargodha district
  • The construction work will be carried out by Frontier Works Organization while the mortgage facility will be provided by Punjab Bank
Published 14 Apr, 2021 02:35pm

PM wishes Sikh community on Baisakhi festival

  • Imran says Sikh Diaspora and Indian Yatrees have been granted special permission to visit their holy Gurdwaras in Pakistan and attend their rituals
  • Sikh people will be provided with free food, transport, and accommodation under coronavirus protocols: PM
Published 14 Apr, 2021 02:12pm

Latest

World

Egypt seizes Ever Given ship over $900 million Suez Canal compensation bill

Egypt seizes Ever Given ship over $900 million Suez Canal compensation bill
  • An Egyptian court ordered the vessel's Japanese owner to pay $916 million in compensation as a result of losses inflicted when the Panamanian-flagged vessel blocked the Suez Canal
  • UK Club says it is the insurer of the Ever Given for certain third-party liabilities including obstruction claims or infrastructure issues but is not the insurer for the vessel itself or the cargo
Updated 14 Apr, 2021 10:53am
World

Biden urges Putin to ease Ukraine tensions

Biden urges Putin to ease Ukraine tensions
  • The US secretary of state also met with EU foreign policy chief Josep Borrell, both of whom expressed deep concern over Russian troop movements, according to a European statement.
Published 14 Apr, 2021 10:47am

World

Europe

EU's von der Leyen says EU to receive 50mn more Pfizer shots in Q2

  • Ursula von der Leyen said the earlier deliveries, which will start this month, will take total supplies to the EU from Pfizer to 250 million doses in the second quarter of this year.
  • She also confirmed the Commission was in talks with the two companies for a new contract for 1.8 billion doses to be delivered in 2022 and 2023, confirming a Reuters report last week.
Published 14 Apr, 2021 05:32pm
South Asia

Biden ready to announce U.S. withdrawal, even as peace eludes Afghanistan

  • President Joe Biden’s planned announcement on Wednesday of a complete U.S. withdrawal from Afghanistan by Sept. 11 aims to close the book on America’s longest war, as critics warn that peace is anything but assured after two decades of fighting.
  • As officials disclosed Biden’s pullout plans, the U.S. intelligence community renewed deep concerns on Tuesday about the outlook for the U.S.-backed government in Kabul, which is clinging to an eroding stalemate.
Published 14 Apr, 2021 01:45pm
Middle East

Saudi Arabia says it is concerned about Iran uranium enrichment

  • A foreign ministry statement on state media called on Iran to avoid escalation and engage seriously in current talks with global powers regarding a 2015 nuclear pact while urging the international community to reach an agreement "with stronger parameters of a longer duration".
Published 14 Apr, 2021 05:21pm
Rephasing of IMF conditions

Rephasing of IMF conditions

EDITORIAL: Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), tweeted subsequent to a...

Window of opportunity

EDITORIAL: Growth in Pakistan, the International Monetary Fund (IMF) notes in its latest report titled “Regional...

Death of a royal consort

EDITORIAL: A familiar figure around the world as the longest serving royal consort to the longest serving monarch in...