News Archives for Latest - 2020-07-20

Europe

EU scales back digital budget by 18pc amid virus recovery fund wrangle

The financial envelope for the implementation of the Digital Europe programme for the period 2021-2027 will be 6,761 million euros.
An ambitious 100 billion euro research and innovation programme called Horizon Europe is being trimmed to 75.9 billion euros.

Updated 21 Jul, 2020 12:02am

Pakistan

President underscores importance of E-commerce for economic boost

He was chairing a meeting on E-commerce to review the action plan with regard to implementation of E-commerce policy in the country.

Published 20 Jul, 2020 09:26pm

Pakistan

IHC adjourns hearing of sugar mills case till Tuesday

The court remarked that National Accountability Bureau (NAB) and other institutions were authorized to conduct investigations on their own into any matter.

Published 20 Jul, 2020 09:25pm

Pakistan

NHA to build Khyber Pass Economic Corridor soon

The project envisaged construction of four-lane wide dual carriageway and high-speed access controlled motorway from Peshawar to Torkham.

Published 20 Jul, 2020 09:16pm

Pakistan

Efforts to be made for revival of sick units: SBP

He was addressing a zoom meeting with the owners of sick units at the Faisalabad Chamber of Commerce & Industry (FCCI) here.

Published 20 Jul, 2020 09:14pm

Pakistan

Asad stresses speedy work on approved health schemes

The minister was chairing a meeting to review development projects being undertaken by the Ministry of National Health Services.

Published 20 Jul, 2020 09:11pm

Pakistan

PM directs for easy accessibility of Internet facilities to students

The prime minister directed for early completion and functioning of the Seerat-e-Nabi (PBUH) Center so that research activities could be carried out.

Published 20 Jul, 2020 09:03pm

Pakistan

Punjab govt to formulate law to bring private educational institutes under a legal framework

He blamed the previous government of the PML-N over its failure to bring legislation for private educational institutes.

Published 20 Jul, 2020 09:00pm

Pakistan

CM Sindh approves setting up of two special economic zones

The project cost is estimated at $250 million and the targeted production capacity is said to be 2.4 million tyres per annum.

Published 20 Jul, 2020 08:56pm

Pakistan

COVID-19 claims 26 lives, infects 546 others: CM Sindh

Syed Murad Ali Shah said that 26 more patients died lifting the death toll to 2019 that constituted 1.8 percent death ratio.

Published 20 Jul, 2020 08:54pm

Pakistan

GI, Law to protect local brands, ensure premium price of products: Razak Dawood

Razak Dawood added that the Standing Committee also appreciated the coordination between the Parliament and Ministry of Commerce for the enactment of GI Act.

Published 20 Jul, 2020 08:52pm

Pakistan

COVID-19 Infection Disease and Research Centre inaugurated

He said that the Karachi Metropolitan Corporation did all these works on its own and assistance by National Disaster Management Authority and philanthropists.

Published 20 Jul, 2020 08:50pm

Pakistan

No proposal under consideration to curtail retirement age of govt servants: NA told

He said a propaganda had been carried on electronic media, adding if there would be any such proposal, Parliament would be the first forum to get the information.

Published 20 Jul, 2020 08:48pm

PM desires maximum subsidies to deserving, poor in different sectors

The purpose of the economic think-tank was to consider different important economic issues, submit its recommendations and formulate future strategy in this regard.

Updated 20 Jul, 2020 08:48pm

Sports

ICC World T20 2020 postponed due to COVID-19

The event was scheduled to take place in Australia later this year.

Updated 20 Jul, 2020 08:18pm

First Arab space mission to Mars launches from Japan

The launch of the probe, known as "Al-Amal" in Arabic, had twice been delayed because of bad weather, but the Monday liftoff appeared smooth and successful.

Published 20 Jul, 2020 06:45pm

Sports

PCB’s BoG member disqualified for three years for misconduct

He is barred from contesting elections or holding any office with any affiliated unit of the Pakistan Cricket Board (PCB) for three years.

Updated 20 Jul, 2020 06:54pm

EU tries to save virus aid plan as global deaths surge

The disease has killed more than 600,000 people globally out of nearly 14.5 million known infections, and with new clusters across the planet, alarm is growing about the virus spreading out of control.

Published 20 Jul, 2020 06:43pm

World

Deadlocked EU leaders try to save marathon virus rescue summit

If, as expected, the talks continue again through another night, a meeting that was scheduled for only two days will be the longest EU summit since an 85-hour marathon in the French city of Nice in December 2000.

Published 20 Jul, 2020 06:39pm

Africa

Sudan to try ousted Bashir over 1989 coup

Bashir, 76, who is already behind bars for corruption, could face the death penalty if convicted over his 1989 coup against the democratically elected government of prime minister Sadek al-Mahdi.

Published 20 Jul, 2020 06:36pm

Stocks waver, euro spikes on EU rescue deal uncertainty

Frankfurt equities added 0.4 percent but London lost 0.6 percent and Paris flatlined, after a mixed session earlier in Asia.

Published 20 Jul, 2020 06:32pm

World

Coronavirus toll at 1100 GMT Monday

Many countries are testing only symptomatic or the most serious cases.

Published 20 Jul, 2020 06:29pm

Coronavirus: latest global developments

Deeply divided European Union leaders resume their summit for a fourth day as they seek to save a 750-billion-euro ($860-billion) coronavirus rescue plan for the recession-battered bloc.

Published 20 Jul, 2020 06:27pm

World

UK secures 90 million doses of potential cornavirus vaccines

"The hunt to find a vaccine is a truly global endeavour and we are doing everything we can to ensure the British public get access to a safe and effective coronavirus vaccine as soon as possible," said Sharma.

Published 20 Jul, 2020 06:23pm

World facing bankruptcy time bomb: study

"COVID-19 is creating an insolvency time bomb," said the report by Euler Hermes, predicting a 35-percent cumulative jump in the number of companies that go bust between 2019 and 2021.

Published 20 Jul, 2020 06:21pm

World

Mark Rutte: Mr Nice Guy becomes Europe's 'Mr No'

As the unofficial head of the "Frugals" -- the Netherlands, Sweden, Austria, Denmark and Finland -- Rutte is taking on the role of villain for a tough stance that has pushed an EU summit into a fourth day.

Published 20 Jul, 2020 06:16pm

Russia says hoping to produce 200mn vaccine doses this year

"After that, a third phase of trials will begin in Russia and several countries," he said, adding that Turkey, the United Arab Emirates and others would be involved.

Published 20 Jul, 2020 06:12pm

Europe

German minister faces parliamentary grilling over Wirecard

"The parliamentary clarification of the Wirecard scandal must go on in the summer break," said Lisa Paus, spokeswoman for the finance committee.

Published 20 Jul, 2020 05:53pm

World

Arbil denies handing Syria Kurd official's niece to Turkey

Citing security sources, Anadolu reported Saturday that the 21-year-old had "handed herself in" to Turkish security forces on July 15 in a southern province of Turkey.

Published 20 Jul, 2020 05:51pm

Exchange

Rupee down 97 paisas against US dollar

The State Bank of Pakistan reported that in interbank, the price of Euro appreciated by Rs. 2.34 to close at Rs. 192.90 against the last day’s trading of Rs. 190.54.

Published 20 Jul, 2020 05:49pm

Pakistan

Chaudhry Fawad excited over launching of first Electric Car Charging Station in Capital

The federal minister said, “Extremely excited to see launching of first Electric Car Charging Station in Islamabad.

Published 20 Jul, 2020 05:47pm

Pakistan

Senate body expresses satisfaction over progress of CPEC

Meanwhile Senator Dr Asad Ashraf said if 99 percent work on Orange Line Metro train was completed, why it was not being opened.

Published 20 Jul, 2020 05:42pm

Europe

Macron and Merkel express hope for EU recovery deal

Painful discussions resumed "with the possible hopes of a compromise. Nothing has been agreed yet, so I will remain extremely cautious", said Macron as he arrived to the talks.

Published 20 Jul, 2020 05:40pm

Pakistan

Blood screening process being further improved: minister

She was presiding over a meeting at Specialized Healthcare and Medical Education Department here.

Published 20 Jul, 2020 05:38pm

Pakistan

Sindh govt submits progress report in coronavirus suo moto notice case

The Sindh government banned the local manufacture vehicles and imported vehicles in June 24.

Published 20 Jul, 2020 05:33pm

Pakistan

National Single Curriculum to bring all classes of society at one platform: Shafqat

He was chairing a meeting here at ministry to review the fresh development on Single National Curriculum.

Published 20 Jul, 2020 05:31pm

Stocks

Asian shares rise, euro at 4-month peak on EU talks progress

Australia's S&P/ASX 200 index dropped 0.5pc after authorities warned that a surge in COVID-19 cases in the country's second most populous state could take weeks to tame.

Published 20 Jul, 2020 05:27pm

Sports

France Football cancels Ballon d’Or 2020 due to COVID-19

The prize which has been dominated by Lionel Messi and Cristiano Ronaldo in recent time will not be awarded for this calendar year.

Updated 20 Jul, 2020 05:27pm

Currency

Indonesia central bank to intervene if rupiah weakens sharply, but not worried now

"BI is in the market, but the most important thing is market mechanism works and many are selling their foreign currencies. It's just a matter of finding the balance because suppliers want to sell at higher levels,"

Published 20 Jul, 2020 05:25pm

Stocks

Australia shares ease as virus recovery appears a long haul

Australia's acting chief medical officer said the outbreak in Victoria state could take weeks to subside despite a lockdown and orders to wear masks.

Published 20 Jul, 2020 05:08pm

Stocks

S.Korean stocks slide on uncertainty over EU, US stimulus

The won ended trading at 1,203.2 per dollar on the onshore settlement platform, 0.16pc higher than its previous close at 1,205.1.

Published 20 Jul, 2020 05:05pm

Commodities

Taiwan tenders for 98,230 tonnes wheat of US-origin

The tender seeks a range of different wheat types in two consignments for shipment from the US Pacific Northwest coast.

Published 20 Jul, 2020 05:04pm

Commodities

CBOT wheat may bounce to $5.38-1/4 before falling

The contract found a support at $5.30-3/4, which is strengthened by another one at $5.32-1/2, the 23.6pc retracement of the cycle.

Published 20 Jul, 2020 05:02pm

Stocks

Japanese shares recoup losses; hopes of BOJ-buying support

The benchmark Nikkei share average ended 0.09pc higher at 22,717.48, clawing back from negative territory in early trade.

Published 20 Jul, 2020 05:00pm

Business & Finance

Renault's H1 vehicle sales down 34.9pc, ZOE electric model shines

Renault said the overall decline was mainly due to its high exposure to countries that have imposed strict lockdowns.

Published 20 Jul, 2020 04:58pm

Forex

South African rand retreats as virus surge weighs on sentiment

The rand had rallied to a one-month best in mid-week before facing technical resistance around the 16.50 mark.

Published 20 Jul, 2020 04:57pm

Commodities

Gold steadies above $1,800/oz on rising virus fears

The dollar index rose 0.2pc against its rivals, making gold more expensive for holders of other currencies.

Published 20 Jul, 2020 04:54pm

Commodities

Ivory Coast 2019/20 cocoa port arrivals seen at 2.006mn T by July 19

About 9,000 tonnes of beans were delivered to Abidjan port and 11,000 tonnes to San Pedro between July 13 to July 19 for a total of 20,000 tonnes.

Published 20 Jul, 2020 04:52pm

Stocks

China stocks rebound as regulators signal support for market

At the close, the Shanghai Composite index was up 3.11pc at 3,314.15, while the blue-chip CSI300 index ended up 2.98pc.

Published 20 Jul, 2020 04:50pm

Stocks

Saudi shares slip after news of king's admission to hospital

The king, who is suffering from inflammation of the gall bladder, is undergoing medical checks, state news agency SPA said on Monday.

Published 20 Jul, 2020 04:34pm

Commodities

LME copper may retrace towards $6,244 this week

The support is provided by the 61.8pc projection level of an upward wave (C) from $4,371.

Published 20 Jul, 2020 04:32pm

Sports

My future is tomorrow, says Sarri

Juve coach brushes off questions about his future with Serie A leaders.

Updated 20 Jul, 2020 04:28pm

Forex

Rouble slides to 11-week low vs euro, two-week low vs dollar

The rouble eased 0.1pc to 82.28 versus the euro after briefly reaching 82.60, a level last seen on May 4.

Published 20 Jul, 2020 04:23pm

Europe

Russia reports almost 6,000 new coronavirus cases

In a daily readout, officials said 85 people had died in the last 24 hours, bringing the official death toll to 12,427.

Published 20 Jul, 2020 04:16pm

Pakistan prays for swift recovery of King Salman: PM

The 84-year-old king has been admitted to a hospital.

Published 20 Jul, 2020 04:05pm

Financial

JGBs fall ahead of 20-year debt auction

In the super-long zone, the 20-year JGB yield and the 40-year JGB yield gained 1 basis point each to 0.415pc and 0.630pc, respectively.

Published 20 Jul, 2020 04:13pm

South Asia

China urges UK to avoid taking wrong path in Hong Kong affairs

Foreign ministry spokesman Wang Wenbin made the remark during a daily media briefing, adding that China would react resolutely to actions in the former British colony of Hong Kong .

Published 20 Jul, 2020 04:11pm

Forex

Sterling sinks to 20-day low vs stronger euro, speculative short positions ease

EU leaders have been meeting to thrash out plans for an EU-wide coronavirus recovery fund.

Published 20 Jul, 2020 04:11pm

Business & Finance

Czech car production falls 32.6pc in first half on coronavirus outages: industry association

In June alone, production dropped 17.1pc to 103,934 cars, as car makers returned to more standard operations after full closures earlier in the spring.

Published 20 Jul, 2020 04:05pm

Forex

Rupiah reels as virus cases surge, politics bites baht

The baht fell 0.4pc to its lowest since June 1, and stocks gave up earlier gains to trade 0.2pc lower, after the Minister to the Prime Minister's Office Tewan Liptapanlop quit.

Published 20 Jul, 2020 03:59pm

Pakistan

20 year-old-boy injured due to India's unprovoked firing across LoC

ISPR said the boy has been evacuated to nearby hospital for necessary medical care.

Updated 20 Jul, 2020 04:04pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are updated below.

Published 20 Jul, 2020 03:57pm

Commodities

Ukraine wheat export prices add $4 over the past week

Its 2020/21 July-June season grain exports remain slow at 719,000 tonnes so far versus around 1.7 million tonnes at the same point last season.

Published 20 Jul, 2020 03:55pm

Industry

Huawei says it's working with Telecom Italia despite 5G exclusion

Huawei has played no role in the building of TIM's existing core network in Italy.

Published 20 Jul, 2020 03:52pm

South Asia

Philippines reports 4 new coronavirus deaths, 1,521 more infections

In a bulletin, the ministry said total deaths have increased to 1,835 while confirmed cases have reached 69,898.

Published 20 Jul, 2020 03:50pm

South Asia

Hong Kong reports 73 new coronavirus cases as local transmissions stay high

The global financial hub reported more than 100 cases on Sunday, a record number as Hong Kong leader Carrie Lam announced that non-essential civil servants must work from home.

Published 20 Jul, 2020 03:49pm

Forex

Kenyan shilling under pressure from energy sector dollar demand

At 0830 GMT, commercial banks quoted the shilling at 107.35/55 per dollar, compared with 107.25/45 at Friday's close.

Published 20 Jul, 2020 03:48pm

Stocks

European stocks slip as cyclicals retreat, EU talks in focus

The broader European equities index also fell 0.3pc, while Asian markets remained subdued as coronavirus cases increased in many countries.

Published 20 Jul, 2020 03:46pm

Asia

Indonesia reports second-highest daily increase in coronavirus deaths

The country also reported 1,693 new coronavirus infections, taking the total to 88,214, the highest in East Asia, with a total of 4,239 deaths.

Published 20 Jul, 2020 03:44pm

Energy

BP puts crude oil traders on leave pending investigations into China dealings

BP traders were named in a court document filed by Malaysian lender CIMB where the bank applied to place Hontop Energy under judicial management.

Published 20 Jul, 2020 03:42pm

Stocks

Hong Kong stocks slip, but mainland rally checks losses

Leading the gains, Hang Seng materials index jumped 4.7pc, while properties and construction index ended 1.9pc higher.

Published 20 Jul, 2020 03:41pm

Forex

Euro hits 4-month high on hopes for EU recovery fund deal

The next level to watch for the euro would be $1.1495, which would take the currency to a 1-1/2-year high.

Published 20 Jul, 2020 03:35pm

Business & Finance

Polish industrial output rises by 0.5pc y/y in June, above forecast

The largest economy in the eastern European Union has been hit hard by the pandemic, with the finance ministry expecting gross domestic product to fall around 4pc in 2020.

Published 20 Jul, 2020 03:30pm

South Asia

Hong Kong's April-June unemployment rises to 6.2pc, highest in over 15 years

The jobless rate rose from 5.9pc in the March to May period, the government said on Monday.

Published 20 Jul, 2020 03:28pm

Industry

GSK buys 10pc of CureVac in vaccine tech deal

The deal points to a valuation of more than $1.6 billion for CureVac as it prepares for a stock market launch this year.

Published 20 Jul, 2020 03:24pm

Energy

UK GAS-Prices dip as Norwegian imports rise, oil prices decline

Traders said the system was fairly balanced on Monday but higher Norwegian imports and slightly cooler weather reducing electricity demand for air conditioning led prices to tick lower.

Published 20 Jul, 2020 03:22pm

Europe

UK asks Japan for Huawei alternatives in 5G networks

Britain named NEC Corp and Fujitsu Ltd as potential alternative suppliers to Huawei, the business daily reported, without citing sources.

Published 20 Jul, 2020 03:20pm

Financial

Italian bond yields fall to early March lows as potential for EU recovery fund deal grows

Italy's 10-year yield fell to its lowest since March 9 at 1.19pc, wiping out much of the coronavirus sell-off that drove it as high as 3pc.

Published 20 Jul, 2020 03:17pm

Europe

EU leaders show first signs of compromise on stimulus plan

Michel earlier urged the 27 leaders to achieve "mission impossible", reminding them that more than 600,000 people had now died from COVID-19 around the world.

Published 20 Jul, 2020 03:15pm

Energy

Oil falls as virus infections rise, eyes on EU recovery plan

Brent crude was down 24 cents, or 0.6pc, at $42.90 per barrel by 0943 GMT while US West Texas Intermediate (WTI) slipped 23 cents, or 0.6pc, to $40.36.

Published 20 Jul, 2020 03:11pm

Industry

Ford to work with Intel's Mobileye for better collision avoidance technology

Ford will include Mobileye's logo in driver-assist communication displays and is also considering using its Roadbook map system, which uses anonymized, crowd-sourced data from vehicle cameras.

Published 20 Jul, 2020 03:10pm

Business & Finance

Emirates NBD quarterly profit slumps 58pc as pandemic provisions jump

Net profit slumped to 2 billion dirhams ($544.5 million) from 4.74 billion dirhams a year earlier, when it booked a gain of 2.1 billion dirhams from an asset sale.

Published 20 Jul, 2020 03:04pm

Business & Finance

Work on CPEC projects has not stopped anywhere, Bajwa tells special committee

He said that the government has signed more than 100 projects with Azad Kashmir, saying that our plan was to bring in investors rather than loans, informing that the government plan is to set up a hydel power project for cheap electricity.

Published 20 Jul, 2020 02:58pm

Sports

Amir likely to join Pakistan team in England

The 28-year-old will be allowed to travel to England after two negative results.

Updated 20 Jul, 2020 02:59pm

Sports

PCB releases travel update for Amir, Malik

All-rounder’s departure to England has been delayed until second week of August.

Updated 20 Jul, 2020 02:50pm

Law allows dual nationality holders to be appointed as SAPMs, advisors: Qureshi

He said the law only prohibits them from becoming member of National Assembly or senator.

Updated 20 Jul, 2020 02:32pm

Sports

Haris Rauf tests positive for COVID-19 again

The pacer underwent the test in Lahore.

Updated 20 Jul, 2020 02:11pm

Technology

Fawad calls to unban PUBG, says such attitude is ‘killing tech industry’

The federal minister urged the IT minister Syed Amin ul Haque to take note of this ban, adding that the Pakistan Telecommunication Authority (PTA) will be instructed not to encourage such bans

Published 20 Jul, 2020 01:37pm

Life & Style

A tearful Kanye West launches presidential campaign with rambling rally

The event carried few similarities with typical polished candidate events.

Updated 20 Jul, 2020 01:54pm

Pakistan

Fawad Chaudhry expresses excitement on launch of first electric car charging station

He said this was another target of his ministry to encourage E vehicles as future transportation.

Published 20 Jul, 2020 01:33pm

Sports

Pakistan's Abid Ali cleared of concussion after warm-up blow

Abid was fielding at forward short leg on the third day of four at Derby when he was struck by a Haider Ali flick.

Published 20 Jul, 2020 01:31pm

Life & Style

Aishwarya Rai and daughter in hospital with COVID-19

The family is responding well to treatment, according to reports.

Published 20 Jul, 2020 01:06pm

World

Australia's Victoria state reports 275 new cases of coronavirus

Coronavirus cases have spiked in Victoria in July, mostly in the city of Melbourne.

Published 20 Jul, 2020 01:14pm

Pakistan

Punjab govt to ensure availability of flour at official rate

The availability of flour bags at the official price should be implemented in all cases.

Published 20 Jul, 2020 12:51pm

Commodities

Oil falls on worries over fuel demand setback as infections rise

Brent crude was down 36 cents, or 0.8%, at $42.78 a barrel by 0653 GMT, after dropping slightly last week. U.S. oil was off by 34 cents, or 0.8%, at $40.25 a barrel, after gaining 4 cents last week.

Published 20 Jul, 2020 12:30pm

Technology

United Arab Emirates launches mission to Mars

The first Arab mission to Mars was initially due to launch on July 14, but has been delayed twice due to bad weather.

Published 20 Jul, 2020 12:20pm

Companies

MPCL discovers gas reserves in Sindh

The company said that the Drill Stem Tests (DSTs) carried out in SUL Formation flowed gas at a rate of 11 MMSCFD at wellhead flow pressure (WHFP) of 887 Psi at 48/64 inch choke size after acid job.

Published 20 Jul, 2020 12:00pm

Business & Finance

Japan's sinking exports raise risks of prolonged economic downturn at home and overseas

Global demand for cars and other durable goods has sunk since March as the pandemic prompted many countries to lockdown.

Published 20 Jul, 2020 11:05am

Technology

Zoom overtakes TikTok, as world’s most downloaded app

The video-conference app on iOS was downloaded almost 94 million times from April 1 to June 30

Published 20 Jul, 2020 11:01am

World

Saudi Arabia's King Salman admitted to hospital

The 84-year-old ruler is suffering from inflammation of the gall bladder.

Published 20 Jul, 2020 10:23am

Companies

Retailer M&S to announce hundreds of job cuts

The cuts would be part of redundancy plans the company will be announcing in the coming days, the Sky report added, part of a restructuring that could affect several thousand employees in coming months. The report did not specify the number of jobs at risk.

Published 20 Jul, 2020 10:17am

Forex

Euro hovers near four-month peak as EU leaders tackle 'mission impossible'

The euro changed hands at $1.1415, down 0.1% but still not far from a four-month high of $1.1452 touched on Wednesday.

Published 20 Jul, 2020 10:11am

Business & Finance

China keeps lending benchmark LPR steady for third month, as expected

The one-year loan prime rate (LPR) was kept unchanged at 3.85%, while the five-year LPR remained at 4.65%.

Published 20 Jul, 2020 10:08am

Cotton

Cotton supply: the year ahead

FY20 trade figures are out, and the USDA stands firm that Pakistan shall import 4.6 million bales* (784 Th tons) of...

Published 20 Jul, 2020 08:17am

Exchange

KSE-100: bulls denying virus worries

Greed and fear are the yin and yang of stock market that often move in tandem one step after each other. Lately it...

Published 20 Jul, 2020 08:16am

BR Research

Telenor: mixed signals

As telco’s commence reporting their latest financial results, it is time to see how the country’s telecom sector...

Published 20 Jul, 2020 08:16am

Exchange

Autos: Leaving FY20 behind

Auto sales are at their decade-low as the fiscal year comes to a wrap. The year has been bleaker than predicted in...

Published 20 Jul, 2020 08:15am

Exchange

Interview with Iqbal Z. Ahmed - Chairman and CEO, Associated Group

Govt. favoring imported LPG over local production Iqbal Z. Ahmed is the Chairman and CEO of Associated Group, which...

Published 20 Jul, 2020 08:13am

Trump digs in on crackdown against Portland protesters

WASHINGTON: US President Donald Trump condemned protests in Portland, Oregon, and violence in "Democrat-run" cities...

Updated 20 Jul, 2020 03:06am

Electricity bill relief: Taxpayers required to obtain 'certificate' from Commissioner IR: LHC

ISLAMABAD: Lahore High Court has held that taxpayers registered with the sales tax department as exporters or...

Updated 20 Jul, 2020 03:06am

Exchange

Chinese ZMG donates masks to commissioner

KARACHI: Zhangjiajie Municipal Government (ZMG) China government has donated 20,000 medical surgical masks to the...

Updated 20 Jul, 2020 03:03am

Pakistan

Essential kitchen items become dearer ahead of Eidul Azha

PESHAWAR: Prices of all essential kitchen items have been increased significantly ahead of Eidul Azha, reveals a...

Updated 20 Jul, 2020 03:03am

Pakistan

Traffic pressure: Mayor directs deployment of city wardens

KARACHI: Mayor Karachi Waseem Akhtar has said that city wardens should be deployed on intersections and other places...

Updated 20 Jul, 2020 03:03am

Pakistan

Time for Kashmir's accession to Pakistan not far away: President

ISLAMABAD: President Dr Arif Alvi Sunday said that the time was not far away when the sacrifices of the people of ...

Updated 20 Jul, 2020 03:03am

Pakistan

Eidul Azha moon: Committee to meet tomorrow

ISLAMABAD: A meeting of Central Ruet-e-Hilal Committee, chaired by Mufti Munib-ur-Rehman, would be held in Karachi ...

Updated 20 Jul, 2020 03:03am

Pakistan

UN must pursue its own resolutions on Kashmir: Afridi

ISLAMABAD: Chairman Pakistan Parliament's Special Committee on Kashmir Shehryar Khan Afridi has strongly condemned...

Updated 20 Jul, 2020 03:03am

Pakistan

Sindh sees 889 new Covid-19 cases, 19 deaths: CM

KARACHI: As many as 889 new Covid-19 cases emerged out of 7,977 tested samples raising the tally to 113,007 while 19...

Updated 20 Jul, 2020 03:03am

Pakistan

Eve of Eid-ul-Azha: Violation of SOPs will not be tolerated: Buzdar

LAHORE: Chief Minister Punjab Sardar Usman Buzdar has said that violation of SOPs on the eve of Eid-ul-Azha will not...

Updated 20 Jul, 2020 03:03am

Pakistan

Covid-19 pandemic contained through timely decisions: Zafar

ISLAMABAD: Special Assistant to the Prime Minister on Health, Dr Zafar Mirza has said the government is committed to...

Updated 20 Jul, 2020 03:03am

Business & Finance

Saudi Real Estate Refinance Co signs 3bn riyals deal with pension agency

RIYADH: Saudi Real Estate Refinance Co (SRC), the Saudi equivalent of US mortgage finance business Fannie Mae, said...

Updated 20 Jul, 2020 02:58am

Moeed denies dual citizenship allegations

ISLAMABAD: Special Assistant to the Prime Minister (SAPM) for National Security and Strategic Policy Planning Dr...

Updated 20 Jul, 2020 02:57am

EU recovery fund plan hangs in balance

BRUSSELS: A European Union plan to breathe life into economies throttled by the coronavirus pandemic hung in the...

Updated 20 Jul, 2020 02:57am

UAE set to launch mission to Mars

DUBAI: The United Arab Emirates launches its first mission to Mars early on Monday as it strives to develop its...

Updated 20 Jul, 2020 02:57am

Youm-e-Ilhaq-e-Pakistan observed: PM reiterates unwavering support to Kashmiris

ISLAMABAD: Prime Minister Imran Khan, on the occasion of Youm-e-Ilhaq-e-Pakistan, said the Kashmiris' right of...

Updated 20 Jul, 2020 02:57am

Zhob-Kuchlak western route: Bidding process underway: CPEC Chairman

ISLAMABAD: Special Assistant to Prime Minister on Information and Broadcasting Lt-Gen Asim Saleem Bajwa (retd) on...

Updated 20 Jul, 2020 02:57am

PSM 'disposed of' plan hits a major snag?

ISLAMABAD: The government's Pakistan Steel Mills (PSM) "disposed off" plan appears to be in the doldrums after ...

Updated 20 Jul, 2020 02:57am

Business & Finance

Kuwait scrambles to boost coffers with up to $16bn debt plan

KUWAIT: Kuwait plans to issue between 4 billion and 5 billion dinars ($13 billion to $16 billion) in public debt by...