Latest - Business Recorder

Johnson contrasts Italy, Germany with 'freedom-loving' UK

The Conservative leader was in the House of Commons to set out new restrictions to deal with a surge in virus cases.

Published 22 Sep, 2020 07:28pm

Pakistan

COVID-19 claims 6 more lives, infects 194 others: CM Sindh

Shah said that six more patients lost their lives while struggling against COVID-19 lifting the death toll to 2469 that constituted 1.8 percent death rate.

Published 22 Sep, 2020 07:24pm

Trump confirms will announce Supreme Court pick Saturday

"I will be announcing my Supreme Court Nominee on Saturday, at the White House! Exact time TBA," Trump said.

Published 22 Sep, 2020 07:23pm

Business

US stocks flat ahead of Powell testimony

Among individual companies, Comcast jumped 2.6 percent on news that Nelson Peltz's activist Trian Fund management had taken a stake in the cable giant.

Published 22 Sep, 2020 07:22pm

Pakistan

Modernization of Information Department crucial: CM

He expressed these views while presiding over a meeting at his office about the performance of the Information Department here.

Published 22 Sep, 2020 07:22pm

World

UN chief warns against 'new Cold War'

"We must do everything to avoid a new Cold War," Guterres said in an address as he opened an almost entirely virtual UN General Assembly.

Published 22 Sep, 2020 07:06pm

Pakistan

President signs Pakistan Medical Commission Bill 2020

The President also approved the Pakistan Medical Tribunal Bill 2020, under which a Special Judicial Tribunal would be established.

Published 22 Sep, 2020 06:42pm

Pakistan

Govt allows educational institutions to resume classes at middle level: Shafqat

Sindh has asked to further review the COVID-19 situation for next one week before reopening of educational institutions, he said.

Published 22 Sep, 2020 06:42pm

Pakistan

Dun & Bradstreet, Gallup jointly issue their inaugural report on Pakistan CCI

Key findings indicated that overall CCI remained pessimistic in both surveys; however, consumer confidence about the future improved amidst resumption of economic activity.

Published 22 Sep, 2020 06:36pm

Pakistan

Cutlery export increases 9.43pc in 2 months

The cutlery exports in August 2020 were recorded at $ 8.288 million against the exports of $8.159 million in August 2019, the PBS data revealed.

Published 22 Sep, 2020 06:34pm

Pakistan

Gold price remains stable at Rs114,700

The price of per tola silver decreased by Rs. 50 and it was traded at Rs. 1,250 while that of 10 gram silver reduced by Rs. 42.87 to Rs. 1,071.67.

Published 22 Sep, 2020 06:32pm

Pakistan

Accountability Court gives last Chance to NAB to produce accused in LNG case

The court warned to issue arrest warrants on next hearing against the accused if he continuous to avoid appearing in the case.

Published 22 Sep, 2020 06:20pm

Pakistan

Govt approves establishment of 3 border markets

He said that these projects would transform local economies, check smuggling and formalise trade with neighbours.

Published 22 Sep, 2020 06:13pm

Pakistan

PNSC planning to set up a LNG shipping desk: Ali Zaidi

The minister has shared an advertisment of jobs on social media networking site saying that "If somebody have experience in this sector.

Published 22 Sep, 2020 06:11pm

Pakistan

Development projects in GB to be completed on war footing: Gandapur

The caretaker CM appreciated the efforts of federal government for showing special interest in the development and prosperity of Gilgit-Baltistan.

Published 22 Sep, 2020 06:08pm

Pakistan

Govt firm to ensure minorities' protection as constitutional responsibility: FM

Expressing deep sorrow over the tragic killing of Pakistani nationals in India, he said Pakistan protested to India over the inhuman incident.

Published 22 Sep, 2020 06:06pm

Pakistan

Undemocratic structure of political parties hinders democracy' prevalence: Ch Fawad

Is it a democratic process for Maryam Nawaz and Bilawal Bhutto to lead the parties directly? How can democracy comes in the country when the political leaders are not willing to ensure it?

Published 22 Sep, 2020 05:58pm

Pakistan

Regional connectivity and economic corridor top priority of govt: Dr Moeed

The meeting also discussed economic security and regional peace, said a press release issued here.

Published 22 Sep, 2020 05:56pm

Pakistan

WHO official discusses anti-polio campaign with commissioner

Deputy Commissioner Muhammad Ali, Assistant, Commissioner Sadar Umar Maqbool, District Health Officer Dr. Bilal Ahmed and Health Department officers were also present.

Published 22 Sep, 2020 05:55pm

Pakistan

Rupee gains 07 paisas against dollar

The State Bank of Pakistan reported that in interbank trading, the price of euro depreciated by Rs. 1.02 and closed at Rs. 195.16 against the last day’s trading of Rs. 196.18.

Published 22 Sep, 2020 05:52pm

Pakistan

Anti-polio campaign; 450, 000 children vaccinated so far

He said that 3000 mobile health teams were operating in the district to complete the task of immunization.

Published 22 Sep, 2020 05:51pm

Pakistan

Bullion rates in Hyderabad gold market

Following were the bullion rates in Hyderabad gold market on Tuesday.

Published 22 Sep, 2020 05:48pm

Pakistan

Aviation Minister to chair meeting on ‘Unmanned Aircraft System’ policy on Sept 28

The meeting will be convened in pursuance of the draft of UAS policy prepared by Aviation Division and circulated among the stakeholders on September 3, 2020.

Published 22 Sep, 2020 05:46pm

Pakistan

President confers Hilal-e-Pakistan on outgoing Chinese envoy

The event was attended by Senate Chairman Sadiq Sanjrani, National Assembly Speaker Asad Qaiser, federal ministers and high government officials.

Published 22 Sep, 2020 05:39pm

Business

India’s economy set to fall behind Pakistan, rest of South Asia as COVID-19 surges

A new report says that Pakistan, Bangladesh and Sri Lanka’s COVID-19 approaches are working better than India, making it easier for these countries' economies to recover quickly.

Published 22 Sep, 2020 05:24pm

Business

TikTok's promise of 25,000 new US jobs sets lofty goal

TikTok recently announced a $1 billion creator fund that will pay popular TikTok influencers for making videos.

Updated 22 Sep, 2020 06:54pm

India-China Border Standoff: Military commanders meet to defuse tensions

Indian government maintains their stance on “status quo ante”, stating that Chinese troops must return to their positions prior to the onset of the dispute in April.

Published 22 Sep, 2020 04:21pm

TikTok removes over 104mn videos in first-half for violating guidelines

TikTok started fact-checking programs in the first-half of the year to verify content related to the novel coronavirus and elections.

Updated 22 Sep, 2020 06:54pm

Business

Dollar hits six-week highs, traders shun riskier currencies

Stocks sold off on Monday and the currency market saw "risk-off" moves, with the dollar index climbing to its highest in six-weeks.

Updated 22 Sep, 2020 06:50pm

Sports

South Africa wait on selection convenor to make Test captain choice

Boucher revealed De Kock is not keen to lead the side in Tests.

Published 22 Sep, 2020 04:04pm

Business

NHA plans to build new bridge to connect Karachi with Balochistan

Due to recent rains the flood relay damaged the extra support of the bridge pillars.

Published 22 Sep, 2020 03:38pm

Business

Kingfisher profit boosted as pandemic drives DIY rediscovery

The pandemic has meant people are spending more time at home, they have fewer leisure options and are traveling less.

Published 22 Sep, 2020 03:23pm

World

Worldwide coronavirus cases cross 31.31 million, death toll at 964,175

Infections have been reported in more than 210 countries and territories since the first cases were identified in China in December 2019.

Published 22 Sep, 2020 03:07pm

Sports

Suarez facing cheating accusations in Italian citizenship exam

The Uruguayan international travelled to Perugia to take the relevant tests, with the ‘B1’ assessment passed.

Updated 22 Sep, 2020 04:03pm

Sports

All you need to know about National T20 Cup

The tournament is set to kick off from September 30 in Multan.

Published 22 Sep, 2020 02:51pm

ATC sentences Abdul Rehman, Zubair to death, acquits Rauf Siddiqui in Baldia factory fire case

On September 11, 2012, 260 workers died after they were burnt alive when the garment factory building was set on fire.

Updated 22 Sep, 2020 03:02pm

Business

Garment orders move to Pakistan, as COVID bites India, Bangladesh

However, the garment sector in the country is facing a severe shortage of yarn due to a shortage of cotton.

Published 22 Sep, 2020 02:16pm

World

India's new coronavirus infections at lowest in almost a month

It reported 75,083 new cases.

Published 22 Sep, 2020 01:50pm

Sports

Bale's desire can accelerate fitness return, says Mourinho

Spurs said the winger would only be ready for action after the October international break having injured his knee.

Updated 22 Sep, 2020 02:51pm

Sports

Prize money for National T20 Cup revealed

The best performer of every game will receive Rs.25,000 as the man-of-the-match.

Published 22 Sep, 2020 01:44pm

Business

After debt reduction, PSO to reap benefit in next quarter

As per details, PSO short term borrowings reduced from Rs 121.678 billion in FY19 to Rs 79.032 billion in FY20, signifying a debt decline of an impressive 35 percent.

Published 22 Sep, 2020 01:05pm

Life & Style

Ellen DeGeneres apologises on-air for toxic work culture, vows a ‘new chapter’

The host also addressed the allegations that the off-camera DeGeneres is very different than her sunny on-air persona.

Published 22 Sep, 2020 12:34pm

Govt allows middle schools to reopen tomorrow, Sindh to reopen on September 28

In the first phase, universities, colleges and schools for students of class 9 and 10 were reopened across Pakistan on September 15.

Updated 22 Sep, 2020 02:24pm

Asad Umar launches phase 3 trials of coronavirus vaccine

Result is expected in 4 to 6 months, Umar said.

Updated 22 Sep, 2020 12:39pm

Business

PIA commences flight operations to Saudi Arabia from today

Due to the coronavirus pandemic, Saudi Aviation has limited PIA to 13 weekly flights.

Published 22 Sep, 2020 10:50am

Business

Beijing unlikely to approve Oracle, Walmart's TikTok deal: Global Times

ByteDance has said TikTok Global will be its U.S. subsidiary with 80% ownership.

Updated 22 Sep, 2020 10:55am

Markets

Stocks down on fresh lockdown worries, banking sell-off; dollar rises

Hong Kong shares of HSBC and Standard Chartered fell more than 2% each, as global banking stocks remained under intense pressure on reports about financial institutions allegedly moving illicit funds.

Published 22 Sep, 2020 10:21am

Business

Chinese leaders split over releasing blacklist of U.S. companies - WSJ

Chinese leaders are hesitating to pull the trigger, with some arguing that a decision on the list should wait till after the U.S. election in November, the report said.

Published 22 Sep, 2020 10:19am

Markets

Oil rises as U.S. storm eases, but demand worries linger

U.S. West Texas Intermediate (WTI) crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel at 0224 GMT.

Published 22 Sep, 2020 10:17am

COAS told opposition leaders not to drag military into politics

Shehbaz Sharif, Bilawal Bhutto-Zardari, Jamaat-e-Islami's Sirajul Haq and others were refrained from dragging the military into politics.

Updated 22 Sep, 2020 10:41am

BR Research

Microfinance during Covid

So how did the microfinance sector cope with Covid-19? There had been early reports of massive decline in...

Published 22 Sep, 2020 07:32am

BR Research

Tax directory of companies: new data, old story

Every year since the Federal Board of Revenue (FBR) started releasing its tax directories, the numbers change but ...

Updated 22 Sep, 2020 10:29am

BR Research

KAPCO – PPA renewal essential

Kot Addu Power Company Limited (PSX: KAPCO) announced its financial performance for FY20 recently, and the...

Published 22 Sep, 2020 07:31am

BR Research

Century Paper and Board Mills Limited

Century Paper and Board Mills Limited (PSX: CEPB) was established in 1984 and started commercial production in 1990....

Published 22 Sep, 2020 07:29am

Business

Microsoft buys gaming firm ZeniMax Media for $7.5bn

The company will pay for the acquisition in cash with the deal expected to close by the mid-2021.

Published 22 Sep, 2020 02:53am

Pakistan

Govt not taking opposition’s long march seriously: Shafqat

Shafqat said the PML-N was creating rumors about Nawaz’s health condition, but APC had badly exposed him a healthy man.

Published 22 Sep, 2020 02:46am

Pakistan

Opposition criticizes national institutions for personal interest: Vowda

He said government would never compromise with those persons involved in corruption and money laundering cases.

Published 22 Sep, 2020 02:44am

Pakistan

Those paying respect to currency notes now seeking respect for votes: Sheikh Rashid

The language used by Nawaz was for point scoring, besides getting money laundering cases against him scrapped, he added.

Published 22 Sep, 2020 02:43am

Pakistan

Opposition playing tactics to avoid corruption cases: Fawad

He said members of PML-N are perturbed over the present situation and losing popularity among the masses.

Published 22 Sep, 2020 02:42am

Pakistan

Senate body discus privilege motion moved by Mushahidullah

Chairperson Committee informed the meeting that all data regarding the booking by the Senate Secretariat had been submitted to the Committee.

Published 22 Sep, 2020 02:41am

Gainers
Losers
Leaders

Stock	Price
First Equity Mod. / Sep 22 First Equity Modaraba(FEM)	4.1900 ▲ 0.49 (13.24%)
Flying Cement Ltd / Sep 22 Flying Cement Company Limited(FLYNG)	10.9875 ▲ 0.71 (4.57%)
Ist Paramount / Sep 22 First Paramount Modaraba(FPRM)	6.3000 ▲ 0.31 (2.67%)
TPL Trakker / Sep 22 TPL Trakker Limited(TPLT)	10.2000 ▲ 0.22 (2.20%)
First Credit & Inv. / Sep 22 First Credit and Investment Bank Limited(FCIBL)	18.3900 ▲ 0.39 (2.17%)
P. Datacom / Sep 22 Pak Datacom Limited(PAKD)	66.3050 ▲ 1.61 (0.46%)
Grays Leas. / Sep 22 Grays Leasing Limited(GRYL)	7.1000 ▲ 0.11 (0.29%)
Rupali / Sep 22 Rupali Polyester Limited(RUPL)	19.4500 ▼ 0.00 (0.00%)
Popular Islamic Mod. / Sep 22 Popular Islamic Modaraba(PIM)	6.0100 ▼ 0.00 (0.00%)
A. Shah Ghazi / Sep 22 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	3.0000 ▼ 0.00 (0.00%)

Stock	Price
PICIC Insurance / Sep 22 PICIC Insurance Limited(PIL)	1.3300 ▼ 0.26 (-19.55%)
Reliance Ins. / Sep 22 Reliance Insurance Company Limited(RICL)	7.2500 ▼ 1.09 (-12.00%)
Shaheen Ins. / Sep 22 Shaheen Insurance Company Limited(SHNI)	4.5000 ▼ 0.49 (-10.89%)
Bilal Fibres / Sep 22 Bilal Fibres Limited(BILF)	1.6900 ▼ 0.18 (-10.65%)
Pak Gen. Ins. / Sep 22 The Pakistan General Insurance Co. Ltd.(PKGI)	2.8000 ▼ 0.29 (-10.36%)
Trust Mod. / Sep 22 Trust Modaraba(TRSM)	2.2700 ▼ 0.22 (-9.69%)
Pervez Ahmed Cons. / Sep 22 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.1400 ▼ 0.12 (-9.65%)
First Cap. Sec. / Sep 22 First Capital Securities Corporation(FCSC)	1.7500 ▼ 0.17 (-9.20%)
First Prud Mod. / Sep 22 First Prudential Modaraba(PMI)	1.9250 ▼ 0.51 (-8.28%)
Dewan Farooque Motors / Sep 22 Dewan Farooque Motors Limited(DFML)	9.6000 ▼ 0.95 (-8.27%)

Stock	Volume
Aisha Steel / Sep 22 Aisha Steel Mills Limited(ASL)	41,892,500 ▼ 0.87
Unity Foods / Sep 22 Unity Foods Limited(UNITY)	33,041,500 ▼ 1.31
Fauji Foods / Sep 22 Fauji Foods Limited(FFL)	23,223,000 ▼ 1.68
K-Electric Ltd / Sep 22 K-Electric Limited(KEL)	19,487,500 ▼ 0.24
Pak Int.Bulk Ter / Sep 22 Pakistan International Bulk Terminal Limited(PIBTL)	18,452,000 ▼ 0.58
Hascol Petroleum / Sep 22 Hascol Petroleum Limited(HASCOL)	14,587,000 ▼ 1.07
SILKBANK / Sep 22 Silkbank Limited(SILK)	12,752,500 ▼ 0.08
P.T.C.L.A / Sep 22 Pakistan Telecommunication Company Ltd(PTC)	10,387,000 ▼ 0.51
Pak Stock Exchange / Sep 22 Pakistan Stock Exchange Limited(PSX)	7,843,500 ▼ 1.28
Nat. Bank / Sep 22 National Bank of Pakistan(NBP)	6,774,500 ▼ 0.82

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Sep 22	166.40
USD PKR Interbank Buying / Sep 22	166.30
USD to Japanese Yen / Sep 22	104.70
USD to Swiss Franc / Sep 22	0.91
Pound Sterling to USD / Sep 22	1.28
Euro to USD / Sep 22	1.18

Stock	Volume
S&P 500 / Sep 22	3281.06
India Sensex / Sep 22	38034.14
Tokyo Nikkei / Sep 22	23360.30
Nasdaq / Sep 22	10778.80
Hang Seng / Sep 22	23950.69
FTSE 100 / Sep 22	5804.29
Dow Jones / Sep 22	27147.70
Germany DAX 30 / Sep 22	12542.44
France CAC40 / Sep 22	4792.04

Indicator	Value
Weekly Foreign Reserves / Sep 22	19959.00
UK LIBOR / Sep 22	0.08
GDPGROWTH / Sep 22	5.40
Foreign Debt / Sep 22	15087.50
Per Capita Income (CPI) / Sep 22	1516.00
Average CPI / Sep 22	11.11

Most Popular Articles