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Pakistan Published 24 Jan, 2021 10:24am

Govt allows Russia's Sputnik V COVID vaccine for 'emergency use'

Russia’s Sputnik V Covid-19 vaccine has become the third to be approved for emergency use in the country
The double dose of Sputnik V in Pakistan would cost double the rates at which it is available in India

Tears and fears as India's huge coronavirus vaccine push falters

Published 24 Jan, 2021 10:26am

Pakistan

Deadly disease: Pakistan reports 48 deaths, 1,594 new COVID infections in 24 hours

Published 24 Jan, 2021 09:55am

Govt decides to hold ‘final’ round: K-Electric faces prospect of re-privatisation?

Updated 24 Jan, 2021 10:10am

Business & Finance

Chinese companies to speed up export of COVID-19 vaccines to Pakistan

Updated 24 Jan, 2021 10:12am

Only RLNG-based licences to be issued for CNG stations

Updated 24 Jan, 2021 10:13am

Voluntary separation scheme: President approves Rs9.5bn grant for PIA

Updated 24 Jan, 2021 10:13am

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 23	160.75
USD PKR Interbank Buying / Jan 23	160.65
USD to Japanese Yen / Jan 23	103.81
USD to Swiss Franc / Jan 23	0.89
Pound Sterling to USD / Jan 23	1.37
Euro to USD / Jan 23	1.22

Stock	Volume
S&P 500 / Jan 23	3850.96
India Sensex / Jan 23	48878.54
Tokyo Nikkei / Jan 23	28631.45
Nasdaq / Jan 23	13559.29
Hang Seng / Jan 23	29447.85
FTSE 100 / Jan 23	6695.07
Dow Jones / Jan 23	31048.96
Germany DAX 30 / Jan 23	13873.97
France CAC40 / Jan 23	5559.57

Indicator	Value
UK LIBOR % / Jan 23	0.09

Gainers
Losers
Leaders

Stock	Price
Thatta Cement / Jan 24 Thatta Cement Company Limited(THCCL)	19.85 ▼ -0.22 (1.79%)
Invest Cap. Bank / Jan 24 Invest Capital Investment Bank Limited(ICIBL)	3.54 ▲ 0.87 (1.14%)
Ravi Textile / Jan 24 Ravi Textile Mills Limited(RAVT)	10.25 ▼ -0.24 (0.99%)
1st Dawood / Jan 24 First Dawood Investment Bank Limited(FDIBL)	2.72 ▲ 0.39 (0.74%)
Telecard / Jan 24 Telecard Limited(TELE)	2.92 ▼ -0.11 (0.69%)
Systems Limited / Jan 24 Systems Limited(SYS)	461.00 ▲ 7.35 (0.66%)
Saudi Pak Leas. / Jan 24 Saudi Pak Leasing Company Limited(SPLC)	1.90 ▲ 0.25 (0.53%)
Shabbir Tiles / Jan 24 Shabbir Tiles & Ceramics Limited(STCL)	23.80 ▼ -0.02 (0.21%)
ECOPACK / Jan 24 Ecopack Limited(ECOP)	32.65 ▼ -0.06 (0.15%)
Pak Elektron / Jan 24 Pak Elektron Limited(PAEL)	39.86 ▲ 0.05 (0.15%)

Stock	Price
Grays Leas. / Jan 24 Grays Leasing Limited(GRYL)	5.12 ▼ 0.69 (-11.72%)
Chakwal Spinng / Jan 24 Chakwal Spinning Mills Limited(CWSM)	2.09 ▼ 0.06 (-4.57%)
Al Shaheer Corp.(R) / Jan 24 Al Shaheer Corporation (R)(ASCR1)	6.69 ▼ 0.29 (-2.34%)
Pak. Int. Airlines (A) / Jan 24 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.60 ▼ 0.01 (-2.13%)
Quice Food / Jan 24 Quice Food Industries Limited(QUICE)	4.70 ▼ 0.05 (-1.47%)
Shifa Int. / Jan 24 Shifa International Hospitals Limited(SHFA)	240.51 ▲ -1.30 (-1.23%)
Byco Petr. / Jan 24 Byco Petroleum Pakistan Limited(BYCO)	9.56 ▼ 0.02 (-1.14%)
Crescent Star / Jan 24 Crescent Star Insurance Limited(CSIL)	2.66 ▲ -0.05 (-1.12%)
Aisha Steel / Jan 24 Aisha Steel Mills Limited(ASL)	23.76 ▲ -0.09 (-1.00%)
Dost Steel / Jan 24 Dost Steels Limited(DSL)	4.21 ▲ -0.01 (-0.94%)

Stock	Volume
K-Electric Ltd / Jan 24 K-Electric Limited(KEL)	25,544,000 ▲ -0.13
Invest Cap. Bank / Jan 24 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Fauji Foods / Jan 24 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 24 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 0.91
Pak Int.Bulk Ter / Jan 24 Pakistan International Bulk Terminal Limited(PIBTL)	10,844,500 ▼ 0.15
Hum Network / Jan 24 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.14
Azgard Nine / Jan 24 Azgard Nine Limited(ANL)	6,722,500 ▼ 0.37
TRG Pak. / Jan 24 TRG Pakistan Limited(TRG)	6,425,000 ▲ -0.33
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	4,377,500 ▼ 0.02
SILKBANK / Jan 24 Silkbank Limited(SILK)	4,347,000 ▼ 0.01

Markets →

Business & Finance

Exports to increase significantly in next 6 months: S M Muneer

KARACHI: United Business Group’s Patron in-Chief and former President FPCCI S M Muneer has expressed hope that... Updated 24 Jan, 2021 10:13am

BR Research

Current account

The current account is finally in deficit after a surplus streak of 5 months. It stood at $662 million in December;...

Published 22 Jan, 2021 07:25am

Japan’s consumer prices fall at decade-fast pace, add to deflation fears

TOKYO: Japan’s core consumer prices slumped in December at the fastest annual pace in a decade, a sign of... Updated 24 Jan, 2021 10:14am

Nissan commits to UK after Brexit trade deal

LONDON: Japanese carmaker Nissan on Friday committed to its future in Britain, home to the group’s largest ... Published 24 Jan, 2021 03:32am

BR Research

“If you can’t beat them, join them”

It would be comical if it weren’t so tragic. Yesterday’s front news page carried three news stories placed...

Published 22 Jan, 2021 07:30am

Orange sells 1.3bn euros worth of fixed fibre assets

PARIS: Orange, France’s leading telecoms operator, said late on Friday that it agreed to sell part of its fixed... Published 24 Jan, 2021 03:32am

Companies

Germany expects AstraZeneca to deliver 3mn COVID-19 vaccine doses in February

The good news is that if the AstraZeneca vaccine is approved at the end of January, we expect at least 3 million vaccine doses for Germany in February.
The government also remained committed to its goal of vaccinating all willing citizens older than 80 years by the end of March, Spahn said.

Published 23 Jan, 2021 09:14pm

Industry

GlobalWafers further raises bid for Siltronic to 4.35bn euros

The proposal has been in jeopardy after hardly any shareholders, besides Siltronic's former parent company Wacker Chemie which has 30.8%, accepted it.
GlobalWafers Chief Executive Doris Hsu said the revised terms were its final offer and that the offer reflected a fair price for all shareholders.

Published 23 Jan, 2021 07:33pm

IT and Computers

Microsoft reverses its controversial Xbox Live price hike

Microsoft has announced that it will be reversing the controversial increase in the price for Xbox Live.

Published 23 Jan, 2021 05:41pm

Companies

Russia's RDIF signs vaccine production deal with Turkey

RDIF added that it had begun transferring the production technology to Turkey.
RDIF has also signed deals to produce Sputnik V with manufacturers in South Korea, China, India, Brazil, Belarus and Kazakhstan.

Published 23 Jan, 2021 05:58pm

Google to Redesign its Mobile Search Feature

Google is planning to redesign its search results feature for mobile phones.
This new design is expected to roll out in the next few days.

Published 23 Jan, 2021 05:29pm

BR Research

Think out-of-box FDI (II)

While there is a need to rethink FDI policy and invigorate and charge up IPAs’ role – as highlighted last in ...

Published 22 Jan, 2021 07:35am

BR Research

Biden’s hour

If seasoned American political observers are to be believed, Joe Biden has taken oath as President at an ominous...

Published 22 Jan, 2021 07:40am

BR Research BWCL 158.50 ▼ -0.94%

Bestway Cement Limited

Bestway Cement Limited (PSX: BWCL) was set up in 1993 under the Companies Ordinance, 1984 (repealed with the...

Published 22 Jan, 2021 07:45am

BR Research

Oil rises – PL goes down

Brent crossed $56/bbl the other day, registering an 11-month high. More and more signs now tell oil prices may stage...

Published 21 Jan, 2021 07:25am

BR Research

Cement exports: Road to plateau?

The International Trade Administration Commission (ITAC) of South Africa is reviewing the anti-dumping duties (ADD)...

Published 21 Jan, 2021 07:30am

BR Research

Avoiding the next wheat price spiral

It seems the incumbents in Islamabad won’t ever catch a break. Two and a half years into its rule at the centre,...

Published 21 Jan, 2021 07:36am

Pakistan

Govt allows Russia's Sputnik V COVID vaccine for 'emergency use'

Russia’s Sputnik V Covid-19 vaccine has become the third to be approved for emergency use in the country
The double dose of Sputnik V in Pakistan would cost double the rates at which it is available in India

Published 24 Jan, 2021 10:24am

Deadly disease: Pakistan reports 48 deaths, 1,594 new COVID infections in 24 hours

With more fatalities, the total death tally due to the deadly disease has reached 11,295
The total number of infections in the country now currently stands at 532,412

Published 24 Jan, 2021 09:55am

PBC elections on 30th

LAHORE: Election of Vice Chairman Punjab Bar Council (PBC) and Chairman Executive Committee PBC would be held on... Updated 24 Jan, 2021 10:16am

Depts not giving profit will be outsourced: Swati

LAHORE: Federal Minister for Railways Azam Khan Swati said that running schools and hospitals was not business of ... Updated 24 Jan, 2021 10:15am

Students protest outside HEC head office

ISLAMABAD: Students of the National University of Modern Languages (NUML) as well as some other universities on... Published 24 Jan, 2021 03:32am

By-polls in PK-63: QWP announces support for PML-N candidate

PESHAWAR: Qaumi Watan Party (QWP) has announced support for Pakistan Muslim League-N candidate Ikhtiar Wali Khan, in... Updated 24 Jan, 2021 10:18am

Buzdar orders steps to maintain law and order in Punjab

LAHORE: Punjab Chief Minister Sardar Usman Buzdar in a meeting with the provincial Law Minister Raja Basharat, here... Updated 24 Jan, 2021 10:16am

Incidents of robbery, car thefts rise in capital

ISLAMABAD: Incidents of robbery and car thefts saw an upward trend during the last week in the federal capital, as... Published 24 Jan, 2021 03:32am

Latest

UNGA adopts resolution on protection of religious sites: FO

ISLAMABAD: The United Nations General Assembly has unanimously adopted a resolution co-sponsored by Pakistan along... Updated 24 Jan, 2021 10:13am

US to reverse ‘draconian’ immigration policies, Biden tells Mexican president

WASHINGTON”: The United States plans to reverse the Trump administration's "draconian" immigration approach while... Updated 24 Jan, 2021 10:13am

Blackstone-backed Patria eyes expansion in Latam, Asia

SAO PAULO: Brazilian asset manager Patria Investments Ltd, whose shareholders include Blackstone Group Inc, plans to... Published 24 Jan, 2021 03:32am

IT Services, IT-enabled Services: No new tax imposed, FBR clarifies

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that no new tax has been imposed on the IT Services and... Published 24 Jan, 2021 03:32am

Freezing of assets: Landmark IHC verdict deprecates NAB’s practice

ISLAMABAD: The Islamabad High Court (IHC) has deprecated the NAB's practice of "freezing" the assets of an accused... Published 24 Jan, 2021 03:32am

Cellular licence renewal, additional spectrum auction: PTA re-initiates its process for AJK, G-B

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) re-initiated the process for cellular license renewal and... Published 24 Jan, 2021 03:32am

Foreign funding case: Open hearing after scrutiny committee’s report: ECP

ISLAMABAD: Election Commission of Pakistan (ECP) on Saturday said that open hearing of foreign funding case will be... Published 24 Jan, 2021 03:32am

Bovines’ meat: Export refinance facility allowed

KARACHI: The State Bank of Pakistan (SBP) has allowed export refinance facility under the Export Finance Scheme for... Published 24 Jan, 2021 03:32am

World

Ocean Viking rescuers pick up hundreds of migrants off Libya

MARSEILLE: More than 350 migrants have been rescued off the Libyan coast by the Ocean Viking humanitarian vessel in... Updated 24 Jan, 2021 10:19am

Europe

Don't talk on the subway, say French doctors, to limit COVID-19 spread

The mandatory wearing of masks on public transport, where social distancing is not possible, should by accompanied by one very simple precaution: avoid talking and making phone calls.
"It is not an obligation, it is a recommendation," he said.

Published 23 Jan, 2021 09:12pm

South Asia

Biden Administration to review U.S-Taliban deal

The United States will review the peace agreement reached with the Taliban, according to an announcement from the White House.
Washington wants to check that the Taliban is “living up to its commitments to cut ties with terrorist groups, to reduce violence in Afghanistan, and to engage in meaningful negotiations with the Afghan government and other stakeholders”.

Updated 23 Jan, 2021 08:25pm

Middle East

Israel expands vaccination campaign to teens

The health ministry had on Thursday announced it was allowing the inoculation of high school students aged 16-18, subject to parental approval.

Published 23 Jan, 2021 09:06pm

The visitors had been training at Karachi Gymkhana, a club nearby the team's hotel, since their arrival in Pakistan last week.
The Proteas are visiting the ground for the first time since their arrival.

Updated 23 Jan, 2021 03:53pm

Sports

McIlroy leads Hatton by one shot in Abu Dhabi

Published 23 Jan, 2021 09:00pm

Sports

Tanak runs out of spare tyres and quits Monte Carlo rally

Published 23 Jan, 2021 05:08pm