News Archives for Latest - 2020-10-05

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Archive - 2020-10-05

Editorials

CPI inflation jumps to 9.04pc YoY in September

EDITORIAL: Inflation data released by the Pakistan Bureau of Statistics (PBS) reveals that consumer price index ...

Updated 06 Oct, 2020 02:11pm

Pakistan

Balochistan sees drop in active COVID-19 cases: Health department

The tally of total active cases has been 618 in the province.

Updated 06 Oct, 2020 02:09pm

USA

Trump says he's leaving hospital Monday; White House hit by wave of infections

"I will be leaving the great Walter Reed Medical Center today at 6:30 P.M. Feeling really good! Don't be afraid of Covid.
Trump, 74, was running a high fever and was given supplemental oxygen after his blood oxygen levels dropped on Friday.

Updated 06 Oct, 2020 01:42am

Pakistan

PM Khan's Ehsaas Emergency Cash Program lauded as 'one of the best' in Asia Pacific

The program has been praised globally for its effective outreach and transparent delivery mechanisms

Updated 05 Oct, 2020 09:55pm

Pakistan

Asad Umar directs for completing K-IV water supply project at earliest

The minister was chairing a meeting to discuss progress on Greater Karachi Water Supply Project (K-IV) which was also attended by the WAPDA Chairman and other senior officials.

Updated 05 Oct, 2020 09:25pm

Pakistan

Coronavirus outbreak: Education minister refutes news about closure of schools

Shafqat says fake news being circulated on social media that educational institutions will be closed on Oct 15 and there is no truth in this

Published 05 Oct, 2020 08:48pm

Pakistan

CM orders to form special committee for agri sector's promotion

He directed this while chairing a meeting in his office reviewed steps taken for the promotion of the agriculture sector on modern lines.

Published 05 Oct, 2020 08:35pm

Europe

EU's von der Leyen negative in second COVID-19 test, in quarantine until Tuesday

"I've been informed that I participated in a meeting last Tuesday attended by a person who yesterday tested positive for COVID-19," von der Leyen said on Twitter.

Published 05 Oct, 2020 08:33pm

Forex

Russian rouble falls on rising COVID cases, oil caps losses

By 1214 GMT, the rouble was 0.5pc weaker against the dollar at 78.62, having hit 79.9750 last week - the weakest level since March.

Published 05 Oct, 2020 08:30pm

NATO chief calls for Nagorno-Karabakh ceasefire

Speaking alongside Turkish Foreign Minister Mevlut Cavusoglu in Ankara, Stoltenberg said there was no military solution to the conflict over Nagorno-Karabakh.

Published 05 Oct, 2020 08:26pm

USA

White House Chief of Staff sees potential for coronavirus aid deal

Trump has been receiving treatment for COVID-19 at Walter Reed National Military Medical Center outside Washington since last Friday.

Published 05 Oct, 2020 08:24pm

Stocks

Sri Lankan shares see worst day in over 16 years after fresh virus outbreak

The benchmark CSE All Share Index ended down 7.65pc at 5,587.18, its worst intraday percentage loss since April 6, 2004.

Published 05 Oct, 2020 08:25pm

Commodities

SOFTS-Raw sugar extends gains, arabica retreats towards 2-month low

March raw sugar was up 0.1 cents, or 0.8pc, at 13.37 cents per lb at 1328 GMT??, having gained 4pc last week to mark three consecutive weeks of gains.

Published 05 Oct, 2020 08:16pm

Pakistan

PPP to oppose illegal annexation of Sindh’s islands: Bilawal

The federal government has planned to initiate a developmental projects on the Bundal Island in Karachi. An authority has already been established to oversee the project.

Updated 05 Oct, 2020 08:21pm

Forex

Canadian dollar rises to 2-week high as stock markets rally

U.S. crude oil futures climbed 4.7pc to $38.78 a barrel, while the Canadian dollar was trading 0.3pc higher at 1.3268 to the greenback, or 75.37 U.S. cents.

Published 05 Oct, 2020 08:12pm

Commodities

Brazil soybean planting delay to affect supply in January

Mato Grosso and Paraná states are leading the way after sowing respectively 3.5pc and 4.2pc of their estimated areas in the 2020/2021 season, AgRural data shows.

Published 05 Oct, 2020 07:55pm

Energy

US natgas rises over 9pc on higher LNG exports, another hurricane

The amount of gas flowing to LNG export plants averaged 7.1 bcfd so far in October, up from 5.7 bcfd in September as vessels started to return to Cameron in Louisiana.

Published 05 Oct, 2020 07:51pm

Financial

US yields advance on stimulus hopes, Trump's health status

US 10-year, 20-year, and 30-year yields rose to five-week highs, while the yield curve steepened to its widest since late August.

Published 05 Oct, 2020 07:45pm

Stocks

TSX rises as energy stocks gain on signs of Trump's improving health

At 9:36 a.m. ET (1336 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 93.94 points, or 0.58pc, at 16,293.19.

Published 05 Oct, 2020 07:43pm

Europe

Greece eyes strong rebound in 2021 after this year's slump

Greece emerged from its third international bailout in 2018 after a decade-long debt crisis that wiped out about a fourth of its output.

Published 05 Oct, 2020 07:41pm

Asia

India to extend surcharge on taxes on luxury, tobacco products: minister

"The GST council has approved to extend the cess(surcharge) beyond five years," Nirmala Sitharaman told reporters after a virtual meeting with state finance ministers.

Published 05 Oct, 2020 07:39pm

Pakistan

PDM to hold public rally in Karachi on October 18

Ahsan Iqbal says as part of the campaign against the government, the PDM will also hold public gatherings and rallies in Gujranwala on October 16 and in Quetta on October 25

Updated 05 Oct, 2020 07:41pm

Stocks

Wall St jumps on stimulus hopes, hints of Trump's return to White House

At 10:07 a.m. ET, the Dow Jones Industrial Average was up 0.92pc, the S&P 500 was up 1.01pc, and the Nasdaq Composite was up 1.38pc.

Published 05 Oct, 2020 07:36pm

Europe

Chemical weapons watchdog ready to assist Russia in Navalny case

The OPCW said in a statement on Monday its "Technical Secretariat is ready to provide the requested expertise and that a team of experts could be deployed on short notice."

Published 05 Oct, 2020 07:31pm

Commodities

EU weekly grain export/import data delayed

The figures are usually published at around 4 pm CET (1400 GMT) on Mondays.

Published 05 Oct, 2020 07:29pm

Pakistan

Shehryar, Ijaz Shah discuss crackdown on law violators with Usman Buzdar

The meeting decided an indiscriminate crackdown on violators of the law and the CM reiterated that the government would go to every extent to ensure the rule of law.

Published 05 Oct, 2020 07:26pm

Pakistan

Bullion prices on Monday

Following were the bullion prices in Karachi on Monday.

Published 05 Oct, 2020 07:25pm

Pakistan

Govt to make maximum efforts to meet needs of poor, destitute: PM

He said as the Pakistani nation had a lot of spirit for public-service, the government would welcome such efforts.

Published 05 Oct, 2020 07:23pm

Pakistan

COVID-19 claims 2 more lives, infects 252: CM Sindh

He added that so far 1,416,482 samples have been tested against which 138,593 cases were detected all over Sindh that came to 10 percent overall detection rate.

Updated 05 Oct, 2020 07:23pm

Pakistan

President meets new Kuwait emir, condoles death of former ruler

Sheikh Sabah, 91, passed away last week in the United States where he was receiving treatment since July.

Updated 05 Oct, 2020 07:04pm

Pakistan

PM directs formulation of roadmap to overcome stunting in children

Imran Khan said stunting not only affected children's mental and physical abilities, but also deprived the society of benefiting from their constructive abilities.

Published 05 Oct, 2020 06:49pm

Pakistan

Saeed Ghani directs teachers to ensure SOPs

Saeed Ghani on the failure of the Government Girls and Boys Primary School Razaqabad's Principal to get the SOPs implemented, directed him to adhere to the SOPs in letter and spirit.

Published 05 Oct, 2020 06:48pm

Exchange

Rupee continues recovery against US dollar

According to State Bank of Pakistan (SBP), the rupee strengthened by 18 paisas on Monday compared to the previous closing of 164.50.

Published 05 Oct, 2020 06:45pm

World

One in 10 may have caught COVID, as world heads into 'difficult period': WHO

Ryan says outbreaks are surging in parts of southeast Asia and that cases and deaths are on the rise in parts of Europe and the eastern Mediterranean region

Published 05 Oct, 2020 06:43pm

Bullion Rate

Bullion rates in Hyderabad gold market

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

Published 05 Oct, 2020 06:44pm

Pakistan

Sindh govt yet not issues notification to devolve provincial organizations: Zaidi

He said that “Sindh Chief Minister Murad Ali Shah had committed to devolve the provincial organizations to divisional level in a meeting,” adding that “We are still waiting for him to issue a notification.”

Published 05 Oct, 2020 06:43pm

Pakistan

Asim Bajwa discusses CPEC future projects with KPK CM

During the meeting, they also discussed future projects that would be presented in the upcoming meeting of Pak-China Joint Coordination Committee (JCC) of CPEC for approval for inclusion in the mega project.

Published 05 Oct, 2020 06:40pm

Pakistan

Pakistan to oppose India’s claim of Basmati Rice in EU: Dawood

This was decided during a meeting chaired by the Adviser for Prime Minister on Commerce Abdul Razak Dawood here on Monday.

Published 05 Oct, 2020 06:38pm

Pakistan

No corona patient death in province in last 24 hours: CM

As many as 9,325 were tested during the last 24 hours, while 2,240 died of corona in Punjab, he added.

Published 05 Oct, 2020 06:36pm

Pakistan

Gold prices increase Rs700 to Rs112,500

Likewise, the price of 10 grams gold also increased by Rs. 600 and was traded at Rs. 96,450 against its sale at Rs. 95,850 Karachi Sarafa Association reported.

Published 05 Oct, 2020 06:35pm

Business & Finance

US stocks rise in pre-market amid Trump Covid-19 uncertainty

The broad-based S&P 500 had risen 0.6 percent at 3,360.50, while the tech-rich Nasdaq had climbed 0.7 percent to 11,313.75.

Published 05 Oct, 2020 06:34pm

Business & Finance

The Rise of Chinese Companies: A Blueprint for Global Dominance

124 Chinese companies with combined revenue of $8.3 trillion made it to the Fortune Global 500 companies list.
China’s changing domestic market dynamics and government support has led to increased interest and growth in its technology sector.

Published 05 Oct, 2020 06:17pm

Europe

UK technical failure in COVID-19 testing data system now fixed, minister says

"The glitch has been found and fixed and I'm sure that the changes are brought in straight away to make sure this sort of problem doesn't happen again," Coffey told Sky.

Published 05 Oct, 2020 06:20pm

Stocks

Nikkei bounces back as Trump health report calms investors

The broader Topix rose 1.74pc to 1,637.25, with value-oriented shares gaining 2.20pc, outperforming 1.37pc gain in growth shares of Topix Growth index.

Published 05 Oct, 2020 06:17pm

Stocks

South Korean shares end higher on White House reports of Trump's improving health

The KOSPI ended 30.11 points higher, or 1.29pc, at 2,358.00, extending the winning streak to a fourth session.

Published 05 Oct, 2020 06:14pm

Financial

Euro zone bond yields hold near recent lows

Italian yields hit another record low after falling on Friday following the weaker than expected inflation reading.

Published 05 Oct, 2020 06:12pm

Money & Banking

BOJ's Kuroda warns pandemic to keep economic uncertainty 'very high'

Kuroda said the world's third-largest economy was emerging from a severe downturn caused by the pandemic and was likely headed for a moderate recovery.

Published 05 Oct, 2020 06:09pm

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 05 Oct, 2020 06:07pm

Exchange

KSE-100 Index nosedives over 1000 points

Pakistan Stock Exchange benchmark KSE-100 Index nosedived over 1000 points on Monday.

Updated 05 Oct, 2020 05:31pm

Pakistan

IHC dismisses petition seeking ban on airing Nawaz Sharif's speeches

Court states the tendency of invoking the constitutional jurisdiction of a High Court in matters involving political content is certainly not in public interest and that too when the law provides for alternate remedies

Updated 05 Oct, 2020 05:21pm

Business & Finance

New PEMRA circular aims to undermine the whole fields of 'marketing' and 'advertising' in Pakistan

Expressing concern over recent advertisements and public complaints, the regulatory authority in its circular dated October 5, 2020 has directed Pakistan Broadcaster Association (PBA), Pakistan Advertising Association (PAA) to give concern to the public concerns on any such theme/content of advertisement.

Updated 05 Oct, 2020 05:13pm

Exchange

Turkish inflation flat-lines at just under 12pc

Last week, the Finance Ministry revised its year-end inflation expectation to 10.5pc citing increased unit costs and pass-through effect from exchange rates.

Published 05 Oct, 2020 04:58pm

Exchange

Copper dips as global volatility shakes investors' confidence

Three-month copper on the London Metal Exchange declined 0.6pc to $6,512 a tonne by 0726 GMT.

Published 05 Oct, 2020 04:55pm

Forex

Dollar holds breath waiting for Trump health updates, fiscal package

The dollar slipped slightly against a basket of currencies, but its index held close to recent ranges, down less than 0.1pc on the day at 93.785 at 0650 GMT.

Published 05 Oct, 2020 04:50pm

Energy

Saudi Arabia oil exports at 6.1mn bpd, says industry source

The world's top oil exporter pumped 8.988 million bpd and exported 6 million bpd in August, the source said.

Published 05 Oct, 2020 04:48pm

South Asia

Philippines confirms 2,291 new coronavirus cases, 64 more deaths

In a bulletin, the ministry said total confirmed cases in the Philippines have increased to 324,762, the highest in Southeast Asia, while deaths have reached 5,840.

Published 05 Oct, 2020 04:47pm

Forex

Kenyan shilling stable, demand by energy importers eyed

At 0742 GMT, commercial banks quoted the shilling at 108.45/65, compared with Friday's closing rate of 108.40/60.

Published 05 Oct, 2020 04:46pm

Europe

Ukraine expects new jump in coronavirus cases later this week

Ukraine reported a record of 4,661 new cases on Saturday, but the number fell to 4,140 cases on Sunday and 3,774 on Monday.

Published 05 Oct, 2020 04:45pm

Stocks

Most Gulf markets subdued, petrochemicals drag Saudi shares

The benchmark index in Saudi Arabia fell 0.7pc, with Al Rajhi Bank falling 0.8pc and petrochemical maker Saudi Basic Industries down 0.6pc.

Published 05 Oct, 2020 04:44pm

Pakistan

Sedition case: LHC grants bail to Safdar till Oct 10

Safdar told the court that the case against him is based on political revenge and he wants to join police investigation

Published 05 Oct, 2020 04:26pm

Forex

Sterling slightly weaker vs euro, focus remains on Brexit

Johnson does not want the Brexit transition to end without a new trade deal in place, he said on Sunday, but he believes Britain could live with such an outcome.

Published 05 Oct, 2020 04:42pm

Forex

Russian rouble slightly down ahead of state FX sales plan

At 0815 GMT, the rouble was 0.2pc weaker against the dollar at 78.38, having hit 79.9750 last week - the weakest level since March.

Published 05 Oct, 2020 04:40pm

Forex

South African rand leads forex gains on improving factory data

South African stocks were a touch higher, mirroring mild gains across developing world equities.

Published 05 Oct, 2020 04:37pm

Europe

Russia's new coronavirus cases surge to highest since May 12

The total number of cases registered since the beginning of the outbreak stands at 1,225,889, they said.

Published 05 Oct, 2020 04:36pm

Stocks

FTSE 100 gains as oil stocks jump; Cineworld slumps

The blue-chip index hit its highest level since Sept. 18 and was last up 0.5pc, led by gains in oil majors BP and Royal Dutch Shell, while the mid-cap index rose 0.8pc.

Published 05 Oct, 2020 04:34pm

Stocks

Stock recover on signs of improving Trump's health

The MSCI world equity index, which tracks shares in 49 countries, was up 0.4pc by 0812 GMT, supported by overnight gains across Asia and a positive start in Europe.

Published 05 Oct, 2020 04:32pm

Asia

Indonesia reports 3,622 new coronavirus cases, 102 new deaths

It also reported 102 new deaths, according to its COVID-19 task force, with total fatalities in Indonesia reaching 11,253.

Published 05 Oct, 2020 04:31pm

Stocks

HK stocks end higher on White House reports of Trump's improving health

The Hang Seng index ended 308.73 points higher, or 1.32pc, at 23,767.78, posting its sharpest rise since Aug. 24.

Published 05 Oct, 2020 04:29pm

Stocks

Dealmaking, Trump's health update boost European stocks

The pan-European STOXX 600 index was up 0.6pc, adding to last week's near-2pc gain.

Published 05 Oct, 2020 04:27pm

Commodities

UK wheat crop seen at 10.13mn T, down 37.5pc

Further details, including yield and area data, will be published on Thursday along with estimates for other cereal and oilseed crops, the ministry added.

Published 05 Oct, 2020 04:25pm

Commodities

Palm oil may fall to 2,390 ringgit in Q4

The sharp rally from the May low of 1,939 ringgit has ended, as confirmed by a shooting start forming in September.

Published 05 Oct, 2020 04:24pm

Forex

Ugandan shilling holds steady as appetite slows across board

At 0841 GMT, commercial banks quoted the shilling at 3,700/3,710, unchanged from Friday's close.

Published 05 Oct, 2020 04:22pm

Asia

Malaysia reports 432 new coronavirus cases, biggest daily jump

Most of the cases were local transmissions, the health ministry said on Twitter.

Published 05 Oct, 2020 04:21pm

Europe

Moscow's schools to switch to online education due to coronavirus

Russia's daily tally of new coronavirus cases rose to its highest since May 12 on Monday as authorities reported 10,888 new infections nationwide, including 3,537 in Moscow.

Published 05 Oct, 2020 04:19pm

Energy

Oil rebounds on Trump health update, Norway shutdowns

Brent was up $1.20, or 3.1pc, to $40.47 a barrel by 0925 GMT. US West Texas Intermediate (WTI) crude was $1.26, or 3.4pc, higher at $38.31 a barrel.

Published 05 Oct, 2020 04:17pm

Industry

Microsoft to build hub for cloud services in Greece

Speaking at a virtual event in Athens on Monday, Microsoft President Brad Smith said the new data centre would be beneficial to business, consumers and banks.

Published 05 Oct, 2020 04:15pm

Commodities

Tunisia tenders to buy 67,000 tonnes milling wheat

The wheat was sought in two consignments of 25,000 tonnes and one of 17,000 tonnes for shipment in 2020, between Oct. 25 and Nov. 25, depending on origin selected.

Published 05 Oct, 2020 04:13pm

Industry

Toyota, Nissan to seek reimbursement from UK if Brexit talks fail

Toyota operates a plant in Derbyshire, central England, and produced roughly 8pc of the 1.52 million cars made in Britain in 2018. It also produces engines at a factory in Wales.

Published 05 Oct, 2020 04:09pm

Commodities

IKAR raises forecast for Russia's 2020 wheat crop

Its forecast for Russia's 2020 grain crop was raised to 129.7 million tonnes from 129.5 million tonnes, IKAR added.

Published 05 Oct, 2020 04:12pm

World

Worldwide coronavirus cases cross 35.13 million, death toll at 1,035,670

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

Published 05 Oct, 2020 04:07pm

Pakistan

Opposition parties lack public support, says Rasheed

Minister says the PM will complete his term and will not give NRO to those involved in corruption at any cost

Published 05 Oct, 2020 03:59pm

Europe

Poland's incoming education minister tests positive for coronavirus

Poland on Saturday reached a record of new daily coronavirus infections. As of Monday, Poland had a total of 102,080 confirmed cases and 2,659 deaths.

Published 05 Oct, 2020 04:06pm

Energy

Ukraine says it could export gas to Europe this winter

Ukraine's gas transit operator said last week natural gas reserves had reached a record 28 billion cubic metres (bcm) on Sept. 29, the highest level in the last 10 years.

Published 05 Oct, 2020 04:04pm

Commodities

Gold edges up as weaker dollar offsets news on Trump's progress

Spot gold was up 0.1pc at $1,900.46 per ounce by 0954 GMT. U.S. gold futures were down 0.2pc at $1,904.50.

Published 05 Oct, 2020 03:59pm

Europe

UK PM Johnson says soaring COVID-19 cases in line with forecasts

A technical glitch had meant that over 15,000 test results had not been transferred into computer systems on time, including for contact tracers.

Published 05 Oct, 2020 03:57pm

World

Malaysian PM quarantines after minister tests positive for COVID-19

The Southeast Asian country has seen a steady climb in cases in the past week in the aftermath of an election in the state of Sabah in Borneo on Sept 26.

Published 05 Oct, 2020 03:54pm

Pakistan

Navy chief pays farewell visit to PM Imran Khan

He will be retiring tomorrow.

Published 05 Oct, 2020 03:45pm

Stocks

Indian shares end higher on TCS buyback plans, banking gains

The NSE Nifty 50 index ended 0.76pc higher at 11,503.35 and the S&P BSE Sensex gained 0.71pc to close at 38,973.70.

Published 05 Oct, 2020 03:50pm

Commodities

Russian wheat prices rise with global benchmarks

The rouble is trading close to a six-month low against the dollar.

Published 05 Oct, 2020 03:40pm

Mutual Funds

Analysing the Roshan Digital Accounts

The launching of the Roshan Digital Accounts is a very good initiative and the State Bank must ensure that this turns out to be a success. In order to resolve the issues that are being faced by the NPRs, State Bank needs to improve their communication strategy so that all the concerns are addressed.

Updated 05 Oct, 2020 03:39pm

Exchange

Ghani visits Qatar as peace talks stall, but will not meet Taliban officials

Afghan President Ashraf Ghani is travelling to Qatar for a bilateral meeting with the leaders of Gulf states, but will not hold talks with the Taliban representatives - even as peace talks are underway.

Published 05 Oct, 2020 03:27pm

World

Three American scientists win Nobel Prize in Medicine for discovery of Hepatitis C virus

The scientists made a decisive contribution to the fight against blood-borne hepatitis, a major global health problem that causes cirrhosis and liver cancer in people around the world

Published 05 Oct, 2020 03:10pm

Pakistan

Four out of five Pakistanis fear country headed wrong direction: Survey

As many as 1000 people from urban and rural areas of the country aged 18-plus with (male and female 50:50pc) participated in the survey, which is conducted in September this year.

Published 05 Oct, 2020 03:11pm

Pakistan

Treason case against Nawaz Sharif shows govt's malafide intention, says PML-N leaders

Abbasi says if raising voice against government's negligence and peoples' rights comes under treason then they will continue to commit this crime everyday

Updated 05 Oct, 2020 03:02pm

World

Rafale gives India advantage over its adversaries, says IAF Chief

“The IAF is ready for any possible conflict, including a two-front,” says RKS Bhadauria.

Updated 05 Oct, 2020 02:28pm

Pakistan

Close aide to JUI-F chief sent to jail on corruption charges

Moosa Khan was arrested on September 23 on charges of amassing assets disproportionate to sources of his income

Published 05 Oct, 2020 02:05pm

Pakistan

Treason case filed against Nawaz, Maryam for conspiring against Pakistan’s state institutions

The FIR has been registered against the PML-N leader for making provocative speeches in London against Pakistan's high courts and armed forces in front of the international community.

Published 05 Oct, 2020 01:50pm

Business & Finance

Pakistan invites bids for record six LNG spot cargoes for December as gas crisis looms

A source in Pakistan LNG Ltd (PLL), which handles LNG imports, told Reuters that six spot cargo purchases for delivery in December would be the most in a single month by the country.

Published 05 Oct, 2020 01:35pm

PML-N’s leader who met COAS Bajwa appointed Nawaz, Maryam's spokesperson

DG ISPR revealed that Zubair met the Army chief and talked about the PML-N leaders.

Updated 05 Oct, 2020 01:10pm

Business & Finance

PTA initiates cellular license renewal & Additional Spectrum Auction in AJK & Gilgit Baltistan

PTA intends to seek services of a Consultant/Consulting Firm (hereinafter referred to as "Consultant”), for Cellular License Renewal and Additional Spectrum Auction in Azad Jammu & Kashmir and Gilgit Baltistan.

Published 05 Oct, 2020 01:05pm

Business & Finance

Govt says Global Fund has not stopped funding in Pakistan

The ministry added that on the contrary the funding is likely to go up from USD 200 million to close to USD 300mn, informed the ministry spokesperson.

Published 05 Oct, 2020 12:28pm

World

Targeted online abuse driving young women away from social media, claims report

According to a global survey conducted by Plan International, a torrent of online abuse is driving young girls to quit major social media platforms - including Facebook, Twitter and Instagram - with nearly 60 percent experiencing some form of online harassment.

Published 05 Oct, 2020 12:26pm

Life & Style

Japanese fashion designer Kenzo Takada dies from COVID-19

Takada has been described as “one of the most imaginative designers in the world”.

Published 05 Oct, 2020 12:00pm

Court indicts Zardari in Park Lane, Thatta Water Supply references

Zardari has denied the charges against him in both references.

Published 05 Oct, 2020 12:02pm

Life & Style

Netflix India releases three episodes of Bad Boy Billionaires amid legal tussle

The ongoing legal spat is among the most high-profile ones Netflix has faced in India, one of its key growth markets.

Published 05 Oct, 2020 11:56am

Business & Finance

Dubious degree fiasco: Credentials of all employees being evaluated, says Sarwar

As per the global standards, there are 150 employees per aircraft including pilot and cabin crew members, whereas in Pakistan the number stands at 550 employees per aircraft, Sarwar informed.

Published 05 Oct, 2020 11:27am

Pakistan

AJK’s govt orders lockdown amid rise in coronavirus cases

There are 332 active cases in AJK.

Updated 05 Oct, 2020 11:17am

Business & Finance

Jawad Zafar appointed PIA's COO

According to the PIA spokesperson, the post of Chief Operating Officer had become vacant after the resignation of Ijaz Mazhar, after which Air Commodo Jawad Zafar has been appointed.

Published 05 Oct, 2020 10:37am

Trump says he learned a lot about COVID-19 by ‘really going to school’

Trump has consistently downplayed the coronavirus pandemic and rarely wore a mask before his diagnosis.

Published 05 Oct, 2020 10:38am

PM warns of second wave of COVID-19 in winters, urges everyone to wear masks

"All offices and educational institutions must ensure masks are worn," the PM urged.

Updated 05 Oct, 2020 10:30am

Technology

Uber granted 18-month London licence after legal battle

Uber argued it has since assuaged concerns by improving insurance document verification systems and rolling out real-time identification.

Published 05 Oct, 2020 10:26am

Stocks

Global stocks rise as signs of Trump's improving health calm markets

Trump, 74, was flown to hospital for treatment for the coronavirus on Friday, but his doctors say he has responded well and could return to the White House on Monday.

Published 05 Oct, 2020 10:20am

Business & Finance

UK's Sunak warns of economic and social impact of lockdowns: The Sun

"Having a difficult economy has an impact on both our ability to fund public services like the NHS but also on individual people's long-term health outcomes," Sunak said, according to the newspaper.

Published 05 Oct, 2020 10:18am

Business & Finance

Paytm, other Indian startups vow to fight 'big daddy' Google's clout: sources

Although Google, owned by Alphabet Inc, has worked closely with India's booming startup sector and is ramping up its investments, it has recently angered many tech companies with what they say are unfair practices.

Published 05 Oct, 2020 10:14am

Pakistan

Pakistan Army is “the guarantor of the survival and security of Pakistan”, according to Sindh Governor

Yesterday, the Governor of Sindh Imran Ismail, stated that “the eyes of the enemy are on our Armed Forces” and that “they” are attempting to create differences between the Armed Forces and the people.

Published 05 Oct, 2020 10:01am

BR Research

Inflation: Rural-urban divide widens

The headline inflation is giving a second surprise (shock) in the last three months. Inflation at 9.04 percent has...

Published 05 Oct, 2020 07:30am

BR Research

Quarterly adjustment tariff scenarios

Nepra has worked out an average Rs1.62 per unit in lieu of quarterly tariff adjustments for 2QFY20 and 3QFY20...

Published 05 Oct, 2020 07:29am

BR Research

Cement's great expectations

Demand for cement has finally started to roll in and with considerable aplomb. In September in fact, cement...

Published 05 Oct, 2020 07:28am

BR Research

Coronavirus, the master

America’s President, arguably the most powerful man on earth today, has contracted coronavirus. He is now...

Published 05 Oct, 2020 07:28am

Europe

UK interior minister Patel vows asylum system overhaul

LONDON: British interior minister Priti Patel accused migrants crossing the Channel on boats of "shopping around" to...

Updated 05 Oct, 2020 04:14am

World

Thousands flock to protest against Mexico president

MEXICO CITY: Thousands of protesters marched through central Mexico City on Saturday in one of the biggest...

Updated 05 Oct, 2020 04:08am

Pakistan

VU introduces subsidized Cisco courses

LAHROE: On the direction of Secretary Information Technology and Telecommunication Shoaib Ahmed Siddiqui, Virtual...

Updated 05 Oct, 2020 03:21am

Pakistan

'Adopting healthy lifestyle can prevent cardiovascular diseases'

LAHORE: On the occasion of World Heart Day, Ferozsons Laboratories Limited, a leading pharma and medical device...

Updated 05 Oct, 2020 03:16am

Pakistan

Two hardcore terrorists killed in N Waziristan

RAWALPINDI: Around two hardcore terrorists were killed and one apprehended by the security forces on Sunday in Mir...

Updated 05 Oct, 2020 03:14am

Pakistan

Japan offers its marketplace for talented youth

ISLAMABAD: The government of Japan has offered Pakistani youth to exhibit their talent in the modern hi-tech ...

Updated 05 Oct, 2020 03:12am

Pakistan

Any anti-state agenda not allowed: minister

ISLAMABAD: The Federal Minister for Interior Brig Ijaz Ahmad Shah (retd) is of the view that these rallies to be ...

Updated 05 Oct, 2020 03:10am

Pakistan

Army provides free medical treatment to villagers in dist Khatmang

GILGIT: Pakistan Army provided free medical treatment to more than 1500 patients during a 2 days long free medical...

Updated 05 Oct, 2020 03:09am

Pakistan

Citizens advised to follow SOPs in markets, restaurants

ISLAMABAD: The Ministry of National Health Services has asked the citizens to rigorously follow Standard Operating...

Updated 05 Oct, 2020 03:07am

Pakistan

Two arrested for allegedly raping minor girl

LAHORE: The Punjab police claimed on Sunday to have arrested two persons for allegedly raping a seven-year-old girl...

Updated 05 Oct, 2020 03:05am

Pakistan

Pakistan most vibrant members of Islamic world: governor

KARACHI: Sindh Governor Imran Ismail has said that Pakistan is a nuclear power and termed as fort of Islam and one ...

Updated 05 Oct, 2020 03:04am

Pakistan

Fawad for electrified transport in Karachi

KARACHI: Federal Minister for Science and Technology Fawad Chaudhry has termed the Opposition's Alliance against...

Updated 05 Oct, 2020 03:03am

Business & Finance

India and South Africa ask WTO to waive rules to aid Covid-19 drug production

VIENNA: India and South Africa want the World Trade Organization (WTO) to waive intellectual property rules to make...

Updated 05 Oct, 2020 03:00am

Exchange

Agreement on new draft of APTTA likely this month

ISLAMABAD: An agreement is likely between Pakistan and Afghanistan on a new draft of Afghanistan, Pakistan Transit...

Updated 05 Oct, 2020 02:58am

Exchange

Increasing tax collection sans documentation impossible: Shabbar

ISLAMABAD: Increase in tax collection is impossible without documentation of the economy and currently three out of...