Latest News

Pakistan

Sindh govt bans entry of aged people to vegetable markets

He said that the wearing of masks had also been made mandatory in the markets if anyone did not wear the mask he or she would not be allowed to enter it.

Published 24 Nov, 2020 05:08pm

Pakistan

20 more tested positive for COVID-19 in Faisalabad

He said that total 635 beds were reserved for coronavirus patients, including 550 beds in the Allied Hospital and 85 beds in DHQ Hospital Faisalabad.

Published 24 Nov, 2020 05:06pm

Pakistan

44 shops sealed over SOPs violation

According to spokesperson of district administration, the team inspected around 413 points, found 42 violation and fine of Rs. 70,000 was also imposed on violators.

Published 24 Nov, 2020 05:04pm

Coronavirus toll after 1100 GMT Tuesday

China -- excluding Hong Kong and Macau -- has to date declared 86,464 cases, including 4,634 deaths and 81,508 recoveries.

Published 24 Nov, 2020 05:04pm

Pakistan

Gold price decrease Rs2350 per tola

The gold prices in the in international market decreased by $51 and was traded at $1815 against $1866, the association reported.

Published 24 Nov, 2020 05:02pm

Pakistan

Bullion prices on Tuesday

Following were the bullion prices in Karachi on Tuesday.

Published 24 Nov, 2020 05:00pm

World

UN Security Council to hold first meeting on Tigray: diplomats

"We are very worried about the situation in Ethiopia," the secretary general told reporters in New York, warning of a "dramatic humanitarian impact" including in neighboring Sudan.

Published 24 Nov, 2020 05:00pm

Pakistan

POL import bill shrinks 24.56 pc to $3.153bn in 4 months

The commodities that contributed in negative growth of petroleum imports included petroleum products, imports of which declined by 12.5 percent, from $1.714 billion to $1.5 billion.

Published 24 Nov, 2020 04:59pm

Pakistan

WEF to celebrate 'Pakistan Strategy Day’ on Nov 25: Senator Faisal Javed

In a statement issued here, he said this is yet another endorsement of Pakistan's brilliant strategy of handling both Corona and Economy massive success.

Published 24 Nov, 2020 04:56pm

Business

Qantas to require Covid vaccine on international flights

Qantas CEO Alan Joyce said late Monday the Australian flag carrier would implement the measure once a coronavirus vaccine was made available to the public.

Published 24 Nov, 2020 04:56pm

Markets

Frankfurt DAX index to add 10 companies

Earlier this year, Deutsche Boerse made it easier to expel companies from the index in cases of insolvency.

Published 24 Nov, 2020 04:52pm

Pakistan

Punjab orders mandatory 50% work from home for TEVTA employees

The new order will remain applicable till January 31.

Published 24 Nov, 2020 04:52pm

New York City's first Black mayor dies aged 93: US media

He was appointed City Clerk in 1975 and served for a decade, the NYT said, before winning the mayoralty in 1989.

Published 24 Nov, 2020 04:50pm

World

U.N. chief calls for Afghan ceasefire and inclusive peace

“Progress toward peace will contribute to the development of the entire region, and is a vital step towards the safe, orderly and dignified return of millions of displaced Afghans.”

Published 24 Nov, 2020 04:44pm

World

Covid-19 vaccines offer hope as world leaders plan for future

Nearly 258,000 people have died nationwide and the caseload is edging towards 12.4 million, according to Johns Hopkins University.

Published 24 Nov, 2020 04:43pm

Business

Germany revises up Q3 economic growth

However, "the risk of another setback in the final quarter of 2020 due to the ongoing lockdown is quite high", he said.

Published 24 Nov, 2020 04:41pm

Afghan president calls for support but donors likely to cut aid

Support for Kabul from donor nations sends an important message to the Taliban in peace negotiations, experts say.

Published 24 Nov, 2020 04:39pm

Israel drops Saudi from virus quarantine list after PM's reported visit

Had Saudi Arabia not been on Israel's coronavirus green list, Netanyahu and his staff would technically been compelled to quarantine for 14 days upon return.

Published 24 Nov, 2020 04:36pm

World

Finnish capital to shut high schools, ban public events

However the rate in and around the capital is currently significantly higher, at 155.8 new cases per 100,000 population.

Published 24 Nov, 2020 04:34pm

World

Russia's Sputnik V coronavirus vaccine is 95 percent effective

The first international deliveries of the vaccine will be made to customers in January 2021.

Published 24 Nov, 2020 04:31pm

World

Russia says chased off US warship in its Pacific waters

The area has been in dispute since 1984, when the Soviet Union declared it part of its waters, a claim that Russia has maintained.

Published 24 Nov, 2020 04:30pm

Business

Power consumers to reap relief of Rs 300bn owing to govt reforms: Umar

The Federal Minister said that if the electricity rate was raised by Rs 12 per unit as soon as the present government came into power, the circular debt issue would have ended.

Published 24 Nov, 2020 04:26pm

World

Calls to protect civilians in Ethiopia as decisive battle looms

The government said Tuesday that "a large number of Tigray militia and special forces are surrendering" following the issuance of Abiy's 72-hour ultimatum.

Published 24 Nov, 2020 04:26pm

Pakistan

Avenfield, Al-Azizia cases: IHC defers decision to declare Nawaz Sharif proclaimed offender

A two-member bench comprising Justice Amir Farooq and Justice Mohsin Akhtar Kayani heard the pleas filed by Pakistan Muslim League (PML-N) chief against his conviction in the references.

Published 24 Nov, 2020 04:25pm

Friend says Khashoggi 'threatened' by Saudi official before death

The murder sparked an international outcry and tarnished the reputation of the oil-rich kingdom and the crown prince.

Published 24 Nov, 2020 04:23pm

Markets

Aussie and euro gain as U.S. transition goes ahead; kiwi jumps

The Australian dollar ticked up 0.4pc to $0.7313 while the euro rose 0.1pc at $1.1852.

Published 24 Nov, 2020 04:23pm

Markets

Oil hits highest since March, spurred by vaccine hopes

Brent crude rose 31 cents, or 0.7pc, to $46.37 a barrel by 0914 GMT and hit a session high of $46.72, its highest since March 6.

Published 24 Nov, 2020 04:01pm

World

Worldwide coronavirus cases cross 59.09 million, death toll at 1,397,239

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

Published 24 Nov, 2020 03:43pm

Markets

Gold falls to 4-month low as vaccine hopes take centre stage

Spot gold was down 0.7pc at $1,823.58 per ounce at 1015 GMT, having earlier slid to its lowest since July 21 at $1,820.45. It slumped as much as 2.2pc on Monday.

Published 24 Nov, 2020 03:36pm

Business

Covid-19 Vaccination A Necessity for Overseas Travel: Qantas Airways

Qantas Airways Ltd. plans to make Covid-19 vaccination a necessity for overseas travel through its airline - other airlines might follow suit.

Published 24 Nov, 2020 03:28pm

World

The second wave of the COVID-19 pandemic could be deadlier than the last

While Pakistan, Bangladesh and Sri Lanka have managed to contain the COVID-19 pandemic, concerns are growing that the second wave of the pandemic could prove to be more deadly than the last, and if unchecked - could be devastating for South Asia as a whole.

Updated 24 Nov, 2020 04:59pm

Business

Pakistani Agritech Firm to Sell AI Tech to Middle Eastern Farmers

Industrial Vision Systems, a Pakistani Agritech Firm, plans on selling its AI-based technology for scanning and grading fruits and vegetables in the Middle East.

Published 24 Nov, 2020 03:16pm

Pakistan

India has escalated anti-Pakistan campaign, false flag operations following Islamabad's unveiling of dossier: FO

FO termed Indian ministry's briefing as another attempt to mischievously implicate Pakistan in some alleged planned attack in Indian Illegally Occupied Jammu and Kashmir (IIOJK).

Updated 24 Nov, 2020 03:34pm

World

Taiwan to protect sovereignty with new submarines amid China tensions

Taiwan, which China claims as its own territory, has been for years working to revamp its submarine force, some of which date back to World War Two, and is no match for China’s fleet, which includes vessels capable of launching nuclear weapons.

Published 24 Nov, 2020 03:06pm

World

Special Report: How Britain failed to stop the second wave

A retired surgeon, Hutchinson is part of a local team of “contact tracers” in Halifax, Yorkshire, that aims to reach infected people before they infect others. His experience that day in mid-October, he said, summed up why Britain’s “tracking of the virus is very, very poor.”

Published 24 Nov, 2020 03:00pm

Pakistan

Pakistan condemns Houthi missile attack on Saudi Oil facilities

"We reaffirm our full support and solidarity with the brotherly Kingdom of Saudi Arabia against any threats to its security and territorial integrity," FO said.

Published 24 Nov, 2020 02:55pm

Pakistan

Over 10,000 healthcare workers in Pakistan tested COVID-19 positive

The report came at a time when Pakistan is witnessing an alarming spike in coronavirus cases during the second wave.

Published 24 Nov, 2020 02:49pm

Business

Traders refuse to follow, urge govt to reconsider new SOPs

The business leaders said that the country's economy, especially the small business sector, could not afford such measures, adding that in the reduced timing, the market would be in a rush, which would increase Coronavirus.

Published 24 Nov, 2020 02:25pm

World

French companies arming Saudi forces in Yemen conflict: Report

Certain French companies are allegedly training Saudi soldiers in mission-critical skills used to kill Yemeni civilians during the horrific conflict taking place in the country, potentially targeting nearly half a million civilians - according to a report.

Updated 24 Nov, 2020 03:24pm

Pakistan

Colgate laboratory tests show toothpaste and mouthwash inactivate 99.9% of the virus that causes COVID-19

Clinical research program underway to validate potential of oral health products to slow spread of the virus.

Published 24 Nov, 2020 01:43pm

Pakistan

Info minister says no restrictions on Nawaz, sons to arrive in Pakistan for Begum Shamim's funeral

"They are welcome to come to Pakistan and attend the funeral," Faraz tweeted.

Updated 24 Nov, 2020 02:02pm

Business

Pakistan eyes to enter $90bn gaming industry with upcoming program

The minister in a tweet on Tuesday said that the upcoming program terming it a ‘game-changer’ that would allow Pakistan to penetrate into the $90 billion gaming industry.

Published 24 Nov, 2020 01:02pm

Pakistan

PM approves formation of National Intelligence Coordination Committee for spy agencies

The NICC will be led by the director-general of the Inter-Services Intelligence (ISI), who would function as its chairman.

Published 24 Nov, 2020 01:01pm

World

France to probe clashes after police cleared out new Paris migrant camp

French Interior Minister Gerald Darmanin said he was launching a probe into clashes that broke out late on Monday after police cleared out a new migrant camp in Paris’ Place de la Republique, adding that images of the scuffles were “shocking”.

Published 24 Nov, 2020 01:00pm

Business

Snapchat Launches Spotlight to Take on TikTok and Instagram Reels

Snapchat launches a new section of its app called the Spotlight, which will showcase user-created video, and offer serious competition to Instagram Reels and TikTok.

Updated 24 Nov, 2020 12:56pm

Business

Tesla’s Elon Musk overtakes Bill Gates as world’s second richest person

The rise of Elon Musk wealth majorly comes from his electric vehicle manufacturing giant Tesla, whose market value is approaching $500bn.

Published 24 Nov, 2020 12:02pm

World

President Trump permits GSA to begin transition process

On Monday, the Administrator of the General Services Administration authorized President-elect Joe Biden to begin a formal transition process, a strong indication that the president’s last-ditch efforts to overturn the results of the election were finally coming to an end.

Updated 24 Nov, 2020 12:53pm

Business

China's Xi calls for using QR Code technology to resume global travel

President Xi has given a new proposal to facilitate international tourism suspended due to the coronavirus.

Published 24 Nov, 2020 11:11am

Business

Stocks rise as Biden transition, vaccine progress lift confidence

U.S. stocks also got an added boost after reports that Biden plans to nominate former Federal Reserve Chair, Janet Yellen, to become the next Treasury Secretary. Futures for the S&P 500 rose 0.48% in early Asian trade.

Published 24 Nov, 2020 10:39am

Pakistan

Sindh makes it mandatory for 50% of staff to work from home

The home department has also directed the closure of all cinemas, shrines and gyms.

Updated 24 Nov, 2020 10:57am

Business

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

“As part of its long term growth strategy, MPCL is evaluating multiple opportunities in nearcore and non-core sectors to diversify its business including mineral exploration in the prospective areas of the country,” it added.

Published 24 Nov, 2020 10:23am

Business

Oil holds near three-month highs as vaccines stoke demand recovery hopes

Brent crude futures rose 3 cents, or 0.1%, to $46.09 a barrel by 0113 GMT, while U.S. West Texas Intermediate crude added 11 cents, or 0.3%, to $43.17 a barrel. Both benchmarks settled up about 2% on Monday after gaining about 5% last week.

Published 24 Nov, 2020 10:16am

Business

Britain's telcos face fines if they use suppliers deemed high-risk, like Huawei

The Telecommunications (Security) Bill will boost the security standards of the UK’s telecoms networks and remove the threat of high-risk vendors, the government said.

Published 24 Nov, 2020 10:10am

Technology

China calls launch a success as robotic spacecraft heads to moon

The China National Space Administration (CNSA) called the launch a success and said in a statement that the rocket flew for nearly 37 minutes before sending the spacecraft on its intended trajectory.

Published 24 Nov, 2020 10:03am

Pakistan

Pakistan reports 2,954 new coronavirus cases, 48 fatalities

Currently, there are 40,379 active cases in the country.

Updated 24 Nov, 2020 10:58am

BR Research

Gadoon Textile Mills Limited

Gadoon Textile Mills Limited (PSX: GADT) was established in 1988 as a public limited company. It is part of the ...

Published 24 Nov, 2020 07:40am

BR Research

Time to go short on sugar?

Monthly average retail price of sugar is yet to score a 100 in November-2020, but the federal government has already...

Updated 24 Nov, 2020 11:58am

BR Research

(O)MG, it’s an SUV!

Morris Garages (MG) has started the inning Afridi style in a car market that is used to Misbah’s. MG soft launched...

Published 24 Nov, 2020 07:30am

BR Research

What if there is another lockdown?

At the onset of a tough pandemic winter, there is a question doing the rounds in policymaking circles: how much room...

Published 24 Nov, 2020 07:25am

Sports

Wapda honours hockey players

LAHORE: In order to encourage and honour its hockey players on winning the 66th National Hockey Championship, a ...

Published 24 Nov, 2020 03:07am

Gainers
Losers
Leaders

Stock	Price
Redco Tex. / Nov 24 Redco Textiles Limited(REDCO)	6.4900 ▲ 0.86 (10.09%)
Reliance Ins. / Nov 24 Reliance Insurance Company Limited(RICL)	7.5000 ▲ 0.40 (5.63%)
Ideal Sp. / Nov 24 Ideal Spinning Mills Limited(IDSM)	24.0000 ▲ 1.10 (4.80%)
Ghazi Fab. / Nov 24 Ghazi Fabrics International Limited(GFIL)	4.1500 ▲ 0.09 (2.22%)
Agriauto Ind. / Nov 24 Agriauto Industries Limited(AGIL)	200.0000 ▲ 4.00 (2.04%)
Macter Int. Ltd. / Nov 24 Macter International Limited(MACTER)	147.8000 ▲ 2.80 (1.93%)
Thatta Cement / Nov 24 Thatta Cement Company Limited(THCCL)	19.7000 ▲ 1.00 (1.55%)
Rafhan Maize / Nov 24 Rafhan Maize Products Company Limited(RMPL)	8400.0000 ▲ 119.00 (1.44%)
Safe Mix / Nov 24 Safe Mix Concrete Limited(SMCPL)	6.5000 ▲ 0.09 (1.40%)
Pak Synthetic / Nov 24 Pakistan Synthetics Limited(PSYL)	18.7000 ▲ 0.20 (1.08%)

Stock	Price
Bilal Fibres / Nov 24 Bilal Fibres Limited(BILF)	1.6000 ▼ 0.70 (-43.75%)
Khyber Tob / Nov 24 Khyber Tobacco Company Limited(KHTC)	494.1900 ▼ 69.18 (-10.76%)
Service Tex. / Nov 24 Service Industries Textiles Limited(SERT)	17.5500 ▼ 2.50 (-9.54%)
Service Fab. / Nov 24 Service Fabrics Limited(SERF)	21.4000 ▼ 2.21 (-8.66%)
Kohinoor Ind. / Nov 24 Kohinoor Industries Limited(KOIL)	9.4000 ▼ 0.80 (-8.51%)
Samin Textile / Nov 24 Samin Textiles Limited(SMTM)	3.8200 ▼ 0.32 (-8.32%)
Engro Fertilizers / Nov 24 Engro Fertilizers Limited(EFERT)	66.6000 ▼ 5.70 (-8.05%)
Ravi Textile / Nov 24 Ravi Textile Mills Limited(RAVT)	5.7500 ▼ 0.45 (-7.74%)
First Pak Modaraba / Nov 24 First Pak Modaraba(PAKMI)	1.9400 ▼ 0.19 (-7.22%)
Crescent Star / Nov 24 Crescent Star Insurance Limited(CSIL)	2.6400 ▼ 0.19 (-7.20%)

Stock	Volume
Unity Foods / Nov 24 Unity Foods Limited(UNITY)	11,102,500 ▼ 0.76
Maple Leaf / Nov 24 Maple Leaf Cement Factory Limited(MLCF)	10,790,549 ▼ 1.78
TRG Pak. / Nov 24 TRG Pakistan Limited(TRG)	8,433,500 ▼ 1.98
Hum Network / Nov 24 Hum Network Limited(HUMNL)	6,931,500 ▼ 1.06
Hascol Petroleum / Nov 24 Hascol Petroleum Limited(HASCOL)	6,818,176 ▼ 0.30
Pakistan Refinery / Nov 24 Pakistan Refinery Limited(PRL)	5,562,000 ▼ 0.76
Worldcall / Nov 24 Worldcall Telecom Limited(WTL)	5,361,000 ▼ 0.05
Soneri Bank / Nov 24 Soneri Bank Limited(SNBL)	5,135,000 ▼ 0.18
Power Cement / Nov 24 Power Cement Limited(POWER)	4,024,500 ▼ 0.27
Pak Int.Bulk Ter / Nov 24 Pakistan International Bulk Terminal Limited(PIBTL)	3,655,500 ▼ 0.30

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Nov 24	161.10
USD PKR Interbank Buying / Nov 24	161.00
USD to Japanese Yen / Nov 24	104.58
USD to Swiss Franc / Nov 24	0.91
Pound Sterling to USD / Nov 24	1.33
Euro to USD / Nov 24	1.18

Stock	Volume
S&P 500 / Nov 24	3577.59
India Sensex / Nov 24	44077.15
Tokyo Nikkei / Nov 24	25527.37
Nasdaq / Nov 24	11880.63
Hang Seng / Nov 24	26486.20
FTSE 100 / Nov 24	6333.84
Dow Jones / Nov 24	29591.27
Germany DAX 30 / Nov 24	13126.97
France CAC40 / Nov 24	5492.15

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Nov 24	20085.60
UK LIBOR % / Nov 24	0.08
GDPGROWTH / Nov 24	1.00
Foreign Debt (PKR billions) / Nov 24	17000.00
Average CPI % / Nov 24	11.11

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