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Coronavirus
VERY HIGH
Pakistan Deaths
18,797
12024hr
Pakistan Cases
854,240
410924hr
Sindh
290,756
Punjab
316,334
Balochistan
23,186
Islamabad
77,684
KPK
123,150
Updated 08 May, 2021 10:06pm

Modi rejected Punjab's proposal to import oxygen from Pakistan that could save thousands of lives: CM Amarinder Singh

  • Chief Minister of Indian Punjab, Amarinder Singh has revealed that the Center rejected his government’s proposal to import liquid oxygen from Pakistan, which could save thousands of lives in Punjab.
  • He said the Center neither provided an “adequate supply of oxygen from alternate sources,” nor did it allow the import of oxygen from the neighboring country.
Modi rejected Punjab's proposal to import oxygen from Pakistan that could save thousands of lives: CM Amarinder Singh
Currency Rate
USD PKR Interbank Selling / May 7
152.30
USD PKR Interbank Buying / May 7
152.20
USD to Japanese Yen / May 7
108.60
USD to Swiss Franc / May 7
0.90
Pound Sterling to USD / May 7
1.40
Euro to USD / May 7
1.22
UK LIBOR % / May 7
0.06
Stock Volume
S&P 500 / May 7
4232.60
India Sensex / May 7
49206.47
Tokyo Nikkei / May 7
29357.82
Nasdaq / May 7
13752.24
Hang Seng / May 7
28610.65
FTSE 100 / May 7
7129.71
Dow Jones / May 7
34777.76
Germany DAX 30 / May 7
15399.65
France CAC40 / May 7
6385.51
Item Value
Crude Oil / May 7
64.90
Karachi Cotton Assoc. / May 7
11300.00
Gold 10 Grams / May 7
89163.00
Gold Spot / May 7
1831.30
Cotton / May 7
89.66

Business & Finance

Tesla director contradicts Elon Musk’s timeline for autonomous cars

Tesla director contradicts Elon Musk’s timeline for autonomous cars

  • Based on a recent statement by Elon Musk, it was anticipated that Tesla is making progress towards becoming driverless by the end of the year.
  • That excitement was cut short when Tesla’s Director of Autopilot software reportedly contradicted that statement.
Updated 08 May, 2021 07:53pm
Sri Lanka approves Pfizer COVID vaccine for emergency use
Companies

Sri Lanka approves Pfizer COVID vaccine for emergency use

  • Dr. Sudharshani Fernandopulle, the minister overseeing the fight against the epidemic, said in a statement the government would order 5 million doses of the Pfizer vaccine.
  • Sri Lanka is the first country in South Asia to approve the Pfizer vaccine. It has also approved Russia's Sputnik and China's Sinopharm vaccines for emergency use.
Published 08 May, 2021 04:17pm
Commodities

Egypt's GASC seeks soyoil and sunflower oil for arrival July 11-31

  • GASC said it wanted at least 30,000 tonnes of soyoil and 10,000 tonnes of sunflower oil. The deadline for the offers is May 11.
  • GASC will also hold a domestic tender for vegetable oils on Tuesday, the supply ministry said, where it is seeking quantities of at least 3,000 tonnes of soyoil and 1,000 tonnes of sunflower oil.
Published 08 May, 2021 03:55pm

Hyunda recalls 6th generation Elantra for possible engine fires

  • Interestingly, the recalled Elantra is the same one that was recently launched in Pakistan.
  • Elantra's 2.0-liter engine has poorly heat-treated piston oil rings. Consequently, the oil leaks from there onto hot exhaust components, which could cause a fire in the engine bay.
Published 08 May, 2021 02:32pm

Locally produced COVID vaccine to be available by May end

  • Due to the agreement on technology transfer, the National Institute of Health (NIH) will be able to produce three million doses per month which will significantly reduce the country’s dependence on other countries.
Published 08 May, 2021 12:08pm

SECP considering conversion of physical shares into book-entry form

  • As per SECP, in order to minimize shareholding disputes and make the entire process of holding, monitoring, and transferring of shares much easier, cost-efficient and transparent, the SECP is considering a proposal requiring all the public listed, public unlisted, public interest and private limited companies to have their shares in book-entry form in compliance with Section 72 of the Companies Act, 2017.
Published 08 May, 2021 11:14am

BR Research

Pakistan

Pakistan gets first COVID-19 vaccine doses under COVAX: UNICEF

  • "Today Pakistan received its first shipment of Oxford-AstraZeneca COVID-19 vaccines (SII-AZ AZD1222) from the COVAX Facility," it said.
  • COVAX, a global programme to provide vaccines mainly for poor countries, has recently been hit by supply problems.
Published 08 May, 2021 05:17pm

‘Danger is higher than ever,’ warns Asad Umar on coronavirus situation

  • Taking to Twitter, Asad Umar called for national unity in response to the pandemic, warning that the “danger is higher than ever.”
  • He presented Nepal as an example, highlighting that even a small country like Nepal saw an exponential rise in cases going up above 7,000 daily.
Updated 08 May, 2021 04:38pm

Soldier injured in terrorist attack on Pak-Afghan border

  • "Terrorists opened fire on a military post in Bajaur district," ISPR said.
  • On May 5, four Frontier Corps (FC) soldiers were martyred while six others were injured after terrorists opened fire on them during a fencing activity at the Pakistan-Afghanistan border.
Published 08 May, 2021 10:57am

FIA stops Shehbaz Sharif from flying abroad

  • On Friday, the Lahore High Court granted Sharif conditional permission to travel abroad once for medical treatment.
    • FIA stopped the PML-N leader, saying that his name was placed on another list.
Updated 08 May, 2021 09:56am

Latest

Print

MBS receives PM

MBS receives PM
KARACHI: Prime Minister Imran Khan on Friday landed in Jeddah on an important three-day official visit to Saudi... Published 08 May, 2021 03:30am

World

Middle East

Saudi Arabia formally acknowledges talks with Iran

  • On Friday, a Saudi Foreign Ministry official stated that talks between the Kingdom and Iran were aimed to reduce regional tensions, adding that Riyadh wants to see "verifiable deeds".
  • Sources have reported that the discussions remain focused on the dispute in Yemen and the 2015 Iran Nuclear Deal, with Iraq hosting more than one round of talks.
Updated 08 May, 2021 06:01pm

A portent of things to come

EDITORIAL: As feared by informed observers, thousands of Afghans with their families have fled their homes in ...

Electoral reform impasse

EDITORIAL: The Pakistan Tehreek-i-Insaaf (PTI) government’s unveiling of a comprehensive plan for electoral reform...
Neymar extends PSG contract until 2025

Neymar extends PSG contract until 2025

  • The 29-year-old Neymar, who joined PSG in 2017 from Spanish club Barcelona for a record transfer fee of 222 million euros ($270 million), has agreed a deal French media reported will earn him an annual salary of 30 million euros.
  • "I'm very happy to be extending my contract with Paris until 2025," Neymar told.
Published 08 May, 2021 06:05pm
Zidane in awe of his Real players as they target another final

Zidane in awe of his Real players as they target another final

  • He can also finally count on a fully fit Eden Hazard, who was in lively form in Saturday's 2-0 win over Osasuna and is in line to start at the ground which he called home for seven years before switching from Chelsea to Real in 2019.
Published 05 May, 2021 12:30pm