News Archives for Latest - 2020-08-21

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Archive - 2020-08-21

Exchange

Churails shows how good Pakistani entertainment can be

It may take decades for something like this to air on television, but digital platforms will have to do for now.

Updated 25 Aug, 2020 02:28pm

Industry

Innovation is key enabler for ride-hailing industry in Pakistan

LAHORE: Covid-19 has impacted the ride hailing industry as well, but there are a number of measures Uber has taken ...

Updated 21 Aug, 2020 08:47pm

Exchange

Pakistan, China agree to safeguard common interests, work towards regional uplift

Both sides committed to strengthen cooperation on Afghan issue and in developing a vaccine to defeat the COVID-19 pandemic

Updated 21 Aug, 2020 08:03pm

Currency

Erdogan announces historic Turkish gas find in Black Sea

If the gas can be commercially extracted, the discovery could help Ankara cut its current dependence on imports - from countries such as Russia, Iran and Azerbaijan

Published 21 Aug, 2020 06:49pm

Seven killed as monsoon rain hits Karachi, interior Sindh hampering routine activity

Power supply to many areas disrupted with first drops of rain while severe traffic gridlocks created difficulties for the commuters

Updated 21 Aug, 2020 06:18pm

Sports

Australia's White retires, to focus on coaching

The Victorian made his Australia debut in a one-day international against the ICC World XI in 2005.

Updated 21 Aug, 2020 06:16pm

Coronavirus claims seven more lives in Sindh taking provincial death toll to 2,357

Murad says 312 patients have been admitted at different hospitals and of them 233 are in critical condition while 32 are on ventilators

Published 21 Aug, 2020 05:37pm

Sports

Pakistan name 17-member squad for England T20Is

The Babar Azam-led team will play Eoin Morgan’s England at Old Trafford, Manchester, from 28 August to 1 September.

Published 21 Aug, 2020 05:03pm

Pakistan

Construction work begins on Zameen Ace Mall in DHA Islamabad

Zameen Ace Mall will follow international development standards, present lucrative investment opportunities, says Project Director Fahad Arif Khwaja

Updated 21 Aug, 2020 05:02pm

Sports

Six Cricket Association coaches meet at NHPC

In the coming days the coaches will work on finalising their squads and will identify goals and objectives for the upcoming season.

Updated 21 Aug, 2020 04:26pm

Sports

Man United captain detained on Greek island after brawl

Harry Maguire was detained after assaulting officers who were called in to break up a brawl between two groups of tourists.

Published 21 Aug, 2020 03:37pm

Technology

Telenor, National Highways comes together for adoption of latest technologies

There has been accelerated digitalization of governance bodies particularly law enforcement across the world in the past few years.

Published 21 Aug, 2020 03:36pm

Sports

Settled at last, Neymar ready to deliver for PSG on biggest stage

At 28, the Brazilian is desperate to get his hands on another Champions League winner's medal, five years after he won the competition with Barcelona.

Published 21 Aug, 2020 03:37pm

Sports

England win toss, opt to bat against Pakistan

Third and final Test is being played in Southampton.

Updated 21 Aug, 2020 02:48pm

Companies

Samsung keen to set up assembly plant in Pakistan

The minister informed Samsung officials appreciated both policies and are now actively considering setting up a smartphone assembly plant in Pakistan.

Published 21 Aug, 2020 02:42pm

Bab-e-Dosti Gate at Chaman border opened for pedestrians

Officials say the gate will remain open for seven days from 8am to 5pm

Published 21 Aug, 2020 02:32pm

Pakistan

Final decision of reopening education institutions to be taken on September 7: Shafqat Mahmood

The government plans to reopen all education institutions on September 15.

Updated 21 Aug, 2020 02:41pm

Technology

Easypaisa joins hands with RCCI to facilitate Digital Transactions

Through this agreement, RCCI Member Registration, Membership Renewal, Visa Letter, Certificate of Origin, and Letter of Attestation fees along with all kinds of donations can be paid directly through Easypaisa.

Published 21 Aug, 2020 02:19pm

Sports

Five things to look out for in Ligue 1 this season

Paris Saint-Germain have won seven of the last eight French titles.

Published 21 Aug, 2020 02:16pm

Pakistan

Khyber Pakhtunkhwa to transform five small dams into tourist spots

The provincial government has taken this decision to boost the tourism industry.

Published 21 Aug, 2020 02:03pm

Sports

Pursuit of Federer's record spurred Djokovic to compete in US Open

17-times Grand Slam champion did not want to pass up on the chance to close in on Roger's record tally of 20.

Published 21 Aug, 2020 02:08pm

Sports

Pakistan's 10-year run under threat in final England Test

The tourists are 1-0 down in a three-match campaign after a three-wicket defeat in the first Test at Old Trafford.

Published 21 Aug, 2020 02:08pm

Taxes

FBR unearths tax evasion of Rs 4.36bn

Director Intelligence and Investigation IR Lahore has raided a food manufacturing unit and caught a case of tax evasion and tax fraud.

Published 21 Aug, 2020 12:46pm

Exchange

S&P Global affirms Pakistan’s long-term outlook ‘stable’

The stable outlook reflects the agency’s expectations that donor and partner financing will ensure that Pakistan can meet its external obligations over the next 12 months and that the country will continue to roll over its commercial credit lines.

Published 21 Aug, 2020 12:18pm

Exchange

Pakistan economy showing signs of recovery as COVID weakens, says Hafeez Sheikh

Sheikh added that international rating bodies including Moody's have also acknowledged stability returning to various sectors of the economy.

Published 21 Aug, 2020 11:56am

Technology

Pakistan slams Facebook for treating its users differently

MoIT in a statement urged Facebook to explain why there is a difference in its policies for Pakistani and Indian users.

Published 21 Aug, 2020 11:27am

India wants Kulbhushan Jadhav to be represented by one of its lawyers

External Affairs Ministry spokesperson Anurag Srivastava said they are in touch with Pakistan through diplomatic channels regarding the matter.

Updated 21 Aug, 2020 10:56am

Kerb

Facebook confirms Zuckerberg interviewed in FTC investigation

“We are committed to cooperating with the U.S. Federal Trade Commission’s inquiry and answering the questions the agency may have,” the social media company said in a statement.

Published 21 Aug, 2020 10:19am

Technology

U.S. charges former Uber security chief with covering up massive 2016 hacking

The case was believed to be first time a corporate information security officer has been charged with concealing a hack.

Published 21 Aug, 2020 10:17am

Stocks

Record-breaking stocks take a breather, data weighs on dollar

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6% on Friday, though it is it poised to snap a four-week winning streak with a small weekly loss.

Published 21 Aug, 2020 10:13am

Commodities

Oil climbs for third straight week, buoyed by producers holding back output

U.S. West Texas Intermediate (WTI) crude futures inched up 8 cents, or 0.2%, to $42.90 at 0158 GMT, on course for a 2% rise for the week.
Brent crude futures rose 16 cents, or 0.4%, to $44.07, heading for a weekly rise around 0.5%.

Published 21 Aug, 2020 10:11am

Business & Finance

Tesla's soaring stock cracks $2,000 ahead of share split

The company’s stock closed at a record high $2,001.83, up 6.6% for the day.

Published 21 Aug, 2020 10:09am

BR Research

Power negotiations: continue with experts

The committee formed for negotiations with the IPPs has done almost 90 percent of its job. The TORs are for...

Published 21 Aug, 2020 08:31am

Currency

MCB 1HCY20: Near flawless

MCB Bank Limited (MCB) posted a sizeable 24 percent year-on-year increase in 1HCY20, primarily built on strong core...

Published 21 Aug, 2020 08:30am

BR Research

Sugar: information asymmetry fuelling speculation

News report earlier this week in this daily noted that TCP’s tender to import sugar has received poor response,...

Published 21 Aug, 2020 08:30am

BR Research

MARI in FY20

Impact of Covid-19 and depressed oil prices have been the key headwinds for the oil and gas exploration and...

Published 21 Aug, 2020 08:30am

BR Research

Interview with Tania Aidrus

Digitisation requires long-term, sustainable transformation Tania Aidrus recently served as the Special Assistant ...

Published 21 Aug, 2020 08:28am

Pakistan

Pak Suzuki CEO inaugurates OPD Complex at Burns Centre

KARACHI: The Chief Executive Officer (CEO) of Pak Suzuki Motor Company, Masafumi Harano, on Thursday inaugurated the...

Updated 21 Aug, 2020 03:48am

Pakistan

MQM-P condemns creation of new district in Karachi Division

KARACHI: Muttahida Qaumi Movement-Pakistan (MQM-P) Thursday condemned the creation of new district in Karachi...

Updated 21 Aug, 2020 03:48am

Pakistan

Setting up of price control authority under consideration

LAHORE: The Punjab government is contemplating to set up a price control authority, and committee working in this...

Updated 21 Aug, 2020 03:46am

Pakistan

17 killed in rain-related incidents across Punjab

LAHORE: At least 17 people were killed and several others sustained injuries in rain-related incidents in different...

Updated 21 Aug, 2020 03:46am

SC asks railways, Sindh govt to submit report on KCR

ISLAMABAD: The Supreme Court on the request of the Planning Commission on Thursday granted four weeks for...

Updated 21 Aug, 2020 03:43am

PM directs automation of tax fixation, refunds

ISLAMABAD: Prime Minister Imran Khan Thursday directed the Federal Board of Revenue (FBR) to specially focus the...

Updated 21 Aug, 2020 03:42am

Life & Style

Aaj TV - Friday's schedule

KARACHI: All timings are in PST (Pakistan Standard Time). 06:00 NEWS HOUR 06:25 HEADLINE NEWS 06:30 NEWS HOUR 06:55...

Updated 21 Aug, 2020 03:42am

Pakistan

Warrants for Nawaz Sharif's arrest reissued

LAHORE: An accountability court on Thursday again issued bailable arrest warrants of former prime minister Nawaz...

Updated 21 Aug, 2020 03:42am

Pakistan

Corruption charges: Situation becoming serious for Shehbaz, Hamza: Rashid

ISLAMABAD: Federal Minister for Railways Sheikh Rashid Ahmed on Thursday predicted that Prime Minister (PM) Imran...

Updated 21 Aug, 2020 03:42am

Pakistan

Muharram: Steps to be taken for continuity of religious tolerance: minister

KARACHI: Sindh Minister for Local Government and Information Syed Nasir Hussain Shah has said that important steps...

Updated 21 Aug, 2020 03:42am

Pakistan

Mayor rejects 7th district in Karachi

KARACHI: Mayor Karachi Wasim Akhtar on Thursday said when someone talked about new provinces in Sindh, Pakistan...

Updated 21 Aug, 2020 03:42am

Pakistan

Sindh govt approves creation of Keamari District

KARACHI: Sindh Cabinet has approved carving out Keamari district from District West, Karachi and directed the Board...

Updated 21 Aug, 2020 03:42am

Pakistan

Ceasefire violations along LoC: Senior Indian diplomat summoned to register protest

ISLAMABAD: Pakistan summoned a senior Indian diplomat to the Foreign Office on Thursday to register a strong protest...

Updated 21 Aug, 2020 03:42am

Pakistan

IHC disposes of Nawaz Sharif's petition

ISLAMABAD: The Islamabad High Curt (IHC) on Thursday disposed of former prime minister Mohammad Nawaz Sharif's...

Updated 21 Aug, 2020 03:42am

Pakistan

Qureshi leaves for China to hold talks on issues of mutual interest

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi left for China Thursday to lead Pakistan in the second round of the...

Updated 21 Aug, 2020 03:39am

Pakistan

Containing Covid-19: statistics shows improvement in capital

ISLAMABAD: The coronavirus positive cases rate on Thursday remained at 0.3 percent, as out of 3,685 tests run, 13...

Updated 21 Aug, 2020 03:39am

Pakistan

Indecent language against judiciary: IHC grants bail to cleric

ISLAMABAD: The Islamabad High Court (IHC) on Thursday granted bail to a cleric charged with uploading a viral video...

Updated 21 Aug, 2020 03:39am

Pakistan

Bilawal condoles Bizenjo's demise

ISLAMABAD: Pakistan People's Party chairman Bilawal Bhutto-Zardari has expressed deep grief and sorrow over the ...

Updated 21 Aug, 2020 03:39am

Pakistan

FO denies any tension in ties with Saudi Arabia

ISLAMABAD: The Foreign Office on Thursday denied any tension in Pakistan-Saudi relations and insisted that the two...

Updated 21 Aug, 2020 03:39am

Pakistan

IGP, LCCI chief inaugurate Police Khidmat Markaz

LAHORE: Inspector General of Police (IGP) Shoaib Dastagir and LCCI President Irfan Iqbal Sheikh on Thursday...

Updated 21 Aug, 2020 03:38am

Technology

Number of 3G, 4G users reach 82.7 million by end July: PTA

ISLAMABAD: The number of 3G and 4G users in Pakistan has reached 82.76 million by end July, compared to 81.14 ...

Updated 21 Aug, 2020 03:38am

Technology

Google services restored

SAN FRANCISCO: Popular Google services including Gmail, Docs and Drive were down for many users around the world on...

Updated 21 Aug, 2020 03:38am

Pakistan

The Weather

KARACHI: The weather report on Thursday (August 20, 2020) and the forecast for Friday (August 21, 2020)....

Updated 21 Aug, 2020 03:38am

Stocks

European shares slide

MILAN/FRANKFURT: Miners and banks led declines in European stocks, hit by a wave of selling across global markets on...

Updated 21 Aug, 2020 03:32am

Stocks

Delivery Hero replaces Wirecard in DAX index

FRANKFURT AM MAIN: Berlin-based food delivery company Delivery Hero has become the newest member of Germany's...

Updated 21 Aug, 2020 03:32am

Stocks

Most major Gulf markets dip

DUBAI: Most major stock markets in the Gulf ended lower on Thursday hurt by losses in financial shares, although the...

Updated 21 Aug, 2020 03:32am

Energy

Asia's gasoline cracks ease

SINGAPORE: Asia's gasoline crack eased 1% to $2.49 a barrel on Wednesday, tracking losses in Brent crude, but the...

Updated 21 Aug, 2020 03:32am

Energy

Oil falls on OPEC+ oversupply, US jobless data

NEW YORK: Oil fell 1% on Thursday after Reuters reported OPEC+ needed to address daily oversupply of more than 2...

Updated 21 Aug, 2020 03:32am

Commodities

PMEX daily trading report

KARACHI: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 5.049. The traded ...

Updated 21 Aug, 2020 03:32am

Commodities

Copper prices falter

LONDON: Copper prices fell on Thursday as profit-taking on Federal Reserve policymakers' concern about US growth was...

Updated 21 Aug, 2020 03:32am

Commodities

Gold gains in New York

NEW YORK: Gold recovered on Thursday from a side of more than 3% in the last session, after US jobless claims...

Updated 21 Aug, 2020 03:32am

Industry

Pact with IPPs a good step, but forensic audit must to save industry: FPCCI

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has termed the government' s agreement...