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Pakistan Published 13 Apr, 2021 07:28pm

FIR registered against TLP Chief Saad Hussain Rizvi under Anti Terrorism Act

The Lahore Police has registered an FIR against TLP chief Saad Hussain Rizvi and others, under the ambit of the Anti Terrorism Act, on charges of provoking the public against the State.

Pakistan

Fawad Chaudhry gets additional charge of Information Ministry: Sources

Published 13 Apr, 2021 08:32pm

Pakistan

Army Chief meets PM Khan, discuss prevailing security situation in the country: Sources

Published 13 Apr, 2021 08:26pm

Pakistan

PPP leaders submit resignations to PDM as rifts widen between opposition parties

Updated 13 Apr, 2021 03:21pm

Pakistan

Supreme Court rejects Justice Faiz's plea seeking live telecast of hearing on review petitions

Published 13 Apr, 2021 01:01pm

Business & Finance

Bitcoin hits record high above $62,000

Published 13 Apr, 2021 02:49pm

Pakistan

More than 1.3 million people have been vaccinated against COVID-19 in Pakistan: Asad Umar

Published 13 Apr, 2021 11:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 12	152.80
USD PKR Interbank Buying / Apr 12	152.70
USD to Japanese Yen / Apr 12	109.38
USD to Swiss Franc / Apr 12	0.92
Pound Sterling to USD / Apr 12	1.37
Euro to USD / Apr 12	1.19
UK LIBOR % / Apr 12	0.07

Stock	Volume
S&P 500 / Apr 12	4127.99
India Sensex / Apr 12	47883.38
Tokyo Nikkei / Apr 12	29538.73
Nasdaq / Apr 12	13850.00
Hang Seng / Apr 12	28453.28
FTSE 100 / Apr 12	6889.12
Dow Jones / Apr 12	33745.40
Germany DAX 30 / Apr 12	15215.00
France CAC40 / Apr 12	6161.66

Item	Value
Crude Oil / Apr 12	59.79
Karachi Cotton Assoc. / Apr 12	10800.00
Gold 10 Grams / Apr 12	94564.00
Gold Spot / Apr 12	1732.50
Cotton / Apr 12	80.44

Gainers
Losers
Leaders

Stock	Price
Sana Ind. (R) / Apr 14 Sana Industries (R)(SNAIR)	6.01 ▲ 1.00 (19.96%)
First Elite Cap. Mod. / Apr 14 First Elite Capital Modaraba(FECM)	3.81 ▲ 0.46 (13.73%)
Telecard / Apr 14 Telecard Limited(TELE)	10.45 ▲ 1.00 (10.58%)
AKD Capital Ltd / Apr 14 AKD Capital Limited(AKDCL)	442.15 ▲ 30.84 (7.50%)
Ghandhara Ind / Apr 14 Ghandhara Industries Limited(GHNI)	258.52 ▲ 18.03 (7.50%)
Ghandhara Nissan / Apr 14 Ghandhara Nissan Limited(GHNL)	104.65 ▲ 7.30 (7.50%)
Netsol Tech. / Apr 14 NetSol Technologies Limited(NETSOL)	172.02 ▲ 12.00 (7.50%)
Ghani Global Hold. / Apr 14 Ghani Global Holdings Limited(GGL)	32.45 ▲ 2.26 (7.49%)
Masood Tex. / Apr 14 Masood Textile Mills Limited(MSOT)	53.21 ▲ 3.71 (7.49%)
Leiner Gelatine / Apr 14 Leiner Pak Gelatine Limited(LPGL)	19.65 ▲ 1.34 (7.32%)

Stock	Price
Universal Ins. / Apr 14 The Universal Insurance Company Limited(UVIC)	4.25 ▲ -0.75 (-15.00%)
Ashfaq Textile / Apr 14 Ashfaq Textile Mills Limited(ASHT)	7.50 ▲ -1.00 (-11.76%)
Olympia Mills / Apr 14 Olympia Mills Limited(OML)	11.02 ▲ -0.98 (-8.17%)
First National Equities / Apr 14 First National Equities Limited(FNEL)	11.93 ▲ -1.00 (-7.73%)
Aruj Indus. / Apr 14 Aruj Industries Limited(ARUJ)	12.95 ▲ -1.05 (-7.50%)
Landmark Sp. / Apr 14 Landmark Spinning Industries Limited(LMSM)	19.00 ▲ -1.54 (-7.50%)
Mehmood Tex / Apr 14 Mehmood Textile Mills Limited(MEHT)	443.54 ▲ -35.96 (-7.50%)
Kohat Tex. / Apr 14 Kohat Textile Mills Limited(KOHTM)	15.76 ▲ -1.26 (-7.40%)
Arpak Int. / Apr 14 Arpak International Investments Ltd.(ARPAK)	60.02 ▲ -4.35 (-6.76%)
Shadman Cotton / Apr 14 Shadman Cotton Mills Limited(SHCM)	17.00 ▲ -1.20 (-6.59%)

Stock	Volume
First National Equities / Apr 14 First National Equities Limited(FNEL)	106,553,000 ▼ 0.00
Unity Foods / Apr 14 Unity Foods Limited(UNITY)	29,880,673 ▼ 0.00
Byco Petr. / Apr 14 Byco Petroleum Pakistan Limited(BYCO)	28,545,000 ▼ 0.00
TRG Pak. / Apr 14 TRG Pakistan Limited(TRG)	28,495,979 ▼ 0.00
Worldcall / Apr 14 Worldcall Telecom Limited(WTL)	28,217,500 ▼ 0.00
Hum Network / Apr 14 Hum Network Limited(HUMNL)	20,384,500 ▼ 0.00
Telecard / Apr 14 Telecard Limited(TELE)	18,666,500 ▼ 0.00
Ghani Global Hold. / Apr 14 Ghani Global Holdings Limited(GGL)	17,882,000 ▼ 0.00
Azgard Nine / Apr 14 Azgard Nine Limited(ANL)	11,732,000 ▼ 0.00
Ghani Global Glass / Apr 14 Ghani Global Glass Limited(GGGL)	11,665,500 ▼ 0.00

Markets →

Business & Finance

Stocks

S&P 500, Nasdaq up as tech stocks rise after J&J vaccine pause

J&J shares hit one-month low.
Rival vaccine makers Pfizer, Moderna jump.
Big bank earnings to kick off from Wednesday.
Crypto-stocks jump ahead of Coinbase IPO.
Indexes: Dow off 0.33%, S&P up 0.09%, Nasdaq up 0.58%.

Published 13 Apr, 2021 08:47pm

BR Research

Power tariffs: Decision time calling

“The Prime Minister doesn’t want increase in tariffs….”, the Special Assistant to the Prime Minister on ...

Published 13 Apr, 2021 07:26am

Commodities

Raw sugar up on supply concerns, upbeat China data

Mills in Brazil's centre-south produced 23pc less sugar in the second half of March versus a year ago, as operations in the new sugar season got off to a slow start.

Published 13 Apr, 2021 09:27pm

Money & Banking

ECB should make clear its tolerance for overshooting inflation

The ECB has seen euro area inflation fall short of its near 2% target for eight years and expects to miss the target for years as the bloc emerges from the coronavirus crisis.
Nonetheless, he said there was room to improve guidance the ECB gives the market about how it aims to pursue its inflation target.

Published 13 Apr, 2021 08:43pm

BR Research

Wheat: a saga of missed targets

The Federal Committee on Agriculture has announced its provisional estimate of 26 million tons of wheat production...

Published 13 Apr, 2021 07:30am

Commodities

Gold rebounds after strong US inflation data, weaker dollar

US CPI rises 2.6% year-on-year.
US 10-year yields tick lower after hitting one-week peak.
Platinum hits two-week low.
Palladium rises to near 1-month high.

Published 13 Apr, 2021 08:41pm

Energy

Oil prices rise after robust China data, Middle East tension

US crude stockpiles seen down for third week -Reuters poll.
OPEC ups 2021 oil demand forecast.
Coming up: API inventory data at 2030 GMT.

Published 13 Apr, 2021 08:34pm

Forex

Dollar drops to three-week lows after inflation data

The consumer price index jumped 0.6% last month, the largest gain since August 2012, after rising 0.4% in February, the Labor Department said on Tuesday. Excluding the volatile food and energy components, the CPI rose 0.3%. The so-called core CPI nudged up 0.1% in February.
The dollar briefly spiked on the data, before reversing course and dipping to three-week lows. Treasury yields also fell after the data.

Published 13 Apr, 2021 08:38pm

Stocks

TSX gains as oil prices rise after strong China imports data

Toronto Stock Exchange's S&P/TSX composite index was up 26.83 points, or 0.14%, at 19,228.11.
The energy sector was up 0.5% as of 9:45 a.m. ET, as both US crude and Brent crude prices rose 1% a barrel.

Published 13 Apr, 2021 08:30pm

Money & Banking

Morgan Stanley aims to support $750bn in low-carbon investments by 2030

As part of the commitment, the bank said it would escalate activities such as green-bond financing and financing companies that support clean technology and renewable energy.
As investor interest surges in environmental, social and governance (ESG) issues, a fleet of companies have taken steps to improve their performance on this front.

Published 13 Apr, 2021 08:29pm

Companies

Pfizer to pursue bringing COVID-19 vaccine to India after import relaxation

"We have noted the recent announcement with regard to the regulatory pathway for global vaccines," a Pfizer spokesperson told Reuters in an email.
"We remain committed to continuing our engagement with the government towards making the Pfizer and BioNTech vaccine available for use in the government's immunisation program."

Published 13 Apr, 2021 08:27pm

BR Research

Digital marketplace and SMEs

The link between the two became much more evident during the global COVID-19 pandemic. The hardest hit by the...

Updated 13 Apr, 2021 02:19pm

BR Research

Weighing Covid-19 vaccines

Perhaps the biggest news that came out of China yesterday is the shocking admission by a top official (shocking...

Published 13 Apr, 2021 07:40am

BR Research GATM 49.00 ▼ -1.94%

Gul Ahmed Textile Mills Limited

Gul Ahmed Textile Mills Limited (PSX: GATM) was set up as a private limited company in 1953. Two years later, in...

Published 13 Apr, 2021 07:45am

BR Research

Subdued development spending?

The latest IMF staff report for Pakistan has confirmed the suspicion that the federal government won’t be able to...

Published 12 Apr, 2021 07:25am

BR Research

The forbidden s-word of agriculture

What is Pakistan’s largest agricultural and food commodity import over the past 5 years (excluding palm oil)?...

Published 12 Apr, 2021 07:30am

BR Research

Covid-19: Big picture

It is summertime madness out here. Covid-19 cases are climbing like a vengeance and the third wave seems to be...

Published 12 Apr, 2021 07:35am

Pakistan

Fawad Chaudhry gets additional charge of Information Ministry: Sources

The notification of his appointment will be issued shortly.
Fawad Chaudhry, instead of Shibli Faraz, shared the details of the cabinet meeting with the media on Tuesday.

Published 13 Apr, 2021 08:32pm

Army Chief meets PM Khan, discuss prevailing security situation in the country: Sources

This is the third high-level meet between the two dignitaries this year.
The civil and military leadership discussed the internal and external challenges faced by the country.

Published 13 Apr, 2021 08:26pm

FIR registered against TLP Chief Saad Hussain Rizvi under Anti Terrorism Act

The Lahore Police has registered an FIR against TLP chief Saad Hussain Rizvi and others, under the ambit of the Anti Terrorism Act, on charges of provoking the public against the State.

Published 13 Apr, 2021 07:28pm

Strict action to be taken against law-breakers: Sheikh Rashid

Force will be used against violent protesters.
Cellular signals to be jammed in affected areas.

Published 13 Apr, 2021 04:34pm

PPP leaders submit resignations to PDM as rifts widen between opposition parties

The PPP's decision to part ways with the Pakistan Democratic Movement was taken by PPP’s Central Executive Committee
Nayyar Hussain Bukhari says PPP laid the foundation of the PDM and no political party in the opposition alliance has the jurisdiction to remove them

Updated 13 Apr, 2021 03:21pm

Supreme Court rejects Justice Faiz's plea seeking live telecast of hearing on review petitions

Six out of ten judges of the top court ruled in favor of rejecting the petition while four judges opposed it
Justice Issa pleaded that the apex court should order PEMRA to issue written instructions to all private channels that they could not be restrained from broadcasting live streaming of the proceedings

Published 13 Apr, 2021 01:01pm

Two killed in protests over TLP Chief Saad Hussain Rizvi's arrest

More than 100 TLP supporters have been arrested.
Lahore police arrested on Monday Tehreek-e-Labbaik Pakistan (TLP) Chief Saad Hussain Rizvi.

Published 13 Apr, 2021 12:33pm

Mufti Kifayatullah arrested for issuing anti-state remarks

A heavy contingent of police personnel conducted a raid at his house and took him into custody
The JUI-F leader had been evading arrest for the past two months

Updated 13 Apr, 2021 11:56am

Latest

Business & Finance

Cryptocurrencies: a $2.0-trillion market

Number two in the market is ethereum, which this week hit an all-time high above $2,000.

Published 13 Apr, 2021 12:14pm

World

Russia says expects Iran nuclear deal to be saved: Lavrov

We expect that it will be possible to preserve the Joint Comprehensive Plan of Action.

Published 13 Apr, 2021 12:04pm

World

Iran's Zarif warns US against sabotage, sanctions

"We have no problem with returning to implementing our JCPOA commitments," Mohammad Javad Zarif said, referring to the deal with major powers, which Washington quit in 2018.

Updated 13 Apr, 2021 12:03pm

Pakistan

Pakistan reports highest number of COVID-19 deaths in one day since June as 118 more succumb to virus

Country's death toll stands at 15,619.
3,432 people also recovered from the virus in 24 hours.

Published 13 Apr, 2021 09:50am

World

Jordan royal feud stirs unease in Saudi Arabia

Bassem Awadallah, seen as an influential figure familiar with the inner workings of the Saudi leadership, was ensnared in a rift within Jordan's royal family that played out in full public glare.

Updated 13 Apr, 2021 04:33pm

Pakistan

Ramazan moon sighting: Ruet-e-Hilal Committee to meet today in Peshawar

Earlier, Minister for Science and Technology Fawad Chaudhry said that the holy month of Ramazan will begin in Pakistan on April 14.
Today is the first day of Ramazan in Saudi Arabia.

Published 13 Apr, 2021 10:43am

Pakistan

TTP militant killed in intelligence-based operation in South Waziristan

Peer alias Asad was an active member of TTP since 2006
Asad remained involved in terrorist activities against the security forces

Published 13 Apr, 2021 10:19am

World

Senior US State Department official to visit Beirut

Since 2019, the Lebanese pound has lost more than 85 percent of its value against the dollar on the black market, and prices have soared.

Updated 13 Apr, 2021 04:33pm

World

South Asia

Taliban not attending peace conference in Turkey, thwarting U.S. efforts to secure peace deal

On Monday, a Taliban spokesperson stated that the religious militia group will not be attending a peace conference tentatively planned for later this week in Turkey, jeopardising U.S. efforts to facilitate a practical peace plan.
Officials from the Biden Administration, the United States and Turkey stated that they intended to begin the conference on Friday, which was set to last around 10 days.

Updated 13 Apr, 2021 12:47pm

Europe

EU Parliament nears UK trade deal vote

The EU-UK trade pact was provisionally applied on January 1, after nine months of tough negotiations and a last minute handshake just before Christmas last year.

Published 13 Apr, 2021 11:53pm

South Asia

India greenlights Sputnik V, to fast-track approvals for other virus shots

Sputnik V is the third drug to be approved by India after Oxford-AstraZeneca's Covishield and Covaxin, which was developed by Indian firm Bharat Biotech.

Published 13 Apr, 2021 06:29pm

Middle East

Ramadan moon sighted in Saudi Arabia

The Ramadan crescent moon has been sighted in Saudi Arabia, the Kingdom's Supreme Court announced on Monday. The first Ramadan in the kingdom will fall on Tuesday, April 13.
This will be the second year in a row when the holy month of Ramadan will be observed under strict coronavirus pandemic precautions.

Published 12 Apr, 2021 11:10pm

A 1-0 home win, or victory by at least two clear goals, on Wednesday would send Dortmund into the semis to face either holders Bayern Munich or Paris Saint-Germain.

Updated 13 Apr, 2021 04:32pm

Sports

Minnesota sports shut down after police shooting

Updated 13 Apr, 2021 04:32pm

Sports

West Brom sink Saints to boost slender survival hopes, Everton

Updated 13 Apr, 2021 04:31pm