News Archives for Latest - 2020-10-06

Perspectives

Why more Pakistani men need to talk about rape

The sad reality is that Pakistani men have not stepped up and assumed their responsibility to become proactive allies for women — but that can change.

Updated 08 Mar, 2021 09:14am

Pakistan

Govt takes important steps for rehabilitation of mentally ill patients: Yasmin Rashid

Dr Yasmin Rashid said that the Department of Psychiatry of the KEMU played a pivotal role for psychological support during the coronavirus pandemic.

Updated 08 Oct, 2020 02:45pm

Business & Finance

Explained: Sales Tax on used cars, how will it work?

According to FBR, under new regulations i.e. (SRO 931 (I)/2020) FBR will get a 17 percent sales tax on these transactions.

Updated 07 Oct, 2020 11:23am

USA

White House says rising COVID-19 cases not disrupting US government

"We are regularly meeting," although some staff must attend remotely, she said. "We move forward."
One of Trump's valets, an active member of the US military who traveled with the president last week.

Published 06 Oct, 2020 11:58pm

Money & Banking

Central bankers call for fiscal aid at 'critical' point in pandemic battle

The growth in new cases of COVID-19 is again accelerating in parts of the United States and Europe.
Early action from the Fed and the approval by Congress of trillions of dollars in direct aid to companies and families has avoided the worst outcomes "so far," Powell said.

Published 06 Oct, 2020 11:54pm

Commodities

Gold eases from 2-week high as US Treasury yields climb

US economic recovery remains far from complete- Fed's Powell.
US long-dated Treasury yields climb to four-month peaks.
Market focus on US stimulus package.

Published 06 Oct, 2020 11:52pm

Europe

Russia warns that Nagorno-Karabakh could become militant stronghold

Clashes over Nagorno-Karabakh broke out on Sept. 27.
International ceasefire calls have brought no result.
Both sides say death toll is rising, civilians among dead.

Published 06 Oct, 2020 11:40pm

World

COVID-19 vaccine expected to be ready by year-end, says WHO chief

Ghebreyesus urged member states to sign up for COVAX facility calling it the only solution to procure and deploy a coronavirus vaccine equitably and quickly around the globe

Updated 06 Oct, 2020 09:15pm

World

Biden applauds NATO efforts to defuse tensions between Turkey, Greece

"The Trump administration must press Turkey to refrain from any further provocative actions in the region against Greece, including threats of force, to create the space for diplomacy to succeed,"

Published 06 Oct, 2020 08:58pm

Industry

Daimler to cut fixed costs by more than 20pc in luxury drive

This will allow Mercedes-Benz to achieve a return on sales within a mid to high single-digit range even when markets are weak, by 2025, the carmaker said.

Published 06 Oct, 2020 08:55pm

Stocks

Sri Lankan shares end lower as consumer, financial stocks weigh

Investment firm Bukit Darah Plc and carbonated drink producer Ceylon Cold Stores Plc shed 13.4pc and 4.7pc, respectively, and were the top drags on the index.

Published 06 Oct, 2020 08:53pm

Financial

US long-dated yields rise to four-month highs ahead of supply

The US Treasury will see $110 billion in notes and bonds, launching a $52 billion auction of three-year notes later on Tuesday.

Published 06 Oct, 2020 08:52pm

Financial

Euro zone debt holds firm; Germany/US yield spread widest since March

ECB President Christine Lagarde said a second wave of the coronavirus pandemic risks delaying the euro zone's economic recovery.

Published 06 Oct, 2020 08:49pm

Europe

UK reports 14,542 cases of COVID-19

There were 76 deaths within 28 days of a positive test.

Published 06 Oct, 2020 08:48pm

Forex

Turkey's lira slides on US, EU sanctions risks

The lira slipped some 0.5% to as much as 7.8 against the dollar. It stood at 7.7950 at 1503 GMT.

Published 06 Oct, 2020 08:47pm

World

Thousands with mental health conditions being chained globally reveals HRW study

The study stats that men, women and children – some as young as 10 – are regularly shackled or locked in confined spaces for weeks, months, and even years, across Asia, Africa, Europe, the Middle East, and the Americas.

Published 06 Oct, 2020 08:35pm

Middle East

Iran Rouhani urges regional peace in talk with Azerbaijan's Aliyev

"The issue of peace in the region is very important and, of course, the territorial integrity of our neighbours also has great importance to us,"

Published 06 Oct, 2020 08:45pm

World

White House says will take more precautions to protect staff around Trump

Asked by reporters if Trump would speak on Tuesday, Farah said they would hear from him in some form, though she declined to answer when asked if he planned a televised address.

Published 06 Oct, 2020 08:44pm

Commodities

US soy, wheat rally to multiyear highs as dryness persists

Corn futures hit their highest level in 8-1/2 months, joining in the broad-based rally as the pace of the US harvest fell below expectations despite near-perfect weather for field work.

Published 06 Oct, 2020 08:37pm

USA

Covid-19 downturn not as bad as feared; crisis not over: IMF chief

"The picture today is less dire... allowing for a small upward revision to our global forecast for 2020," she said. The IMF is due to present updated forecasts next week.

Published 06 Oct, 2020 08:34pm

Pakistan

Bullion prices on Tuesday

Bullion prices from Hyderabad, Multan and Lahore were not received on Tuesday.

Published 06 Oct, 2020 08:33pm

Pakistan

Covid-19 claims 8 lives, infects 298 including 170 from Karachi

He added that 369 more patients recovered overnight raising the number of patients recovered so far to 131,831 that came to 95 percent recovery rate.

Published 06 Oct, 2020 08:32pm

Pakistan

Usman Dar reviews pace of work on development projects

The SAPM reviewed the pace and quality of work on the ongoing projects and issued instructions to the concerned authorities in this regard.

Published 06 Oct, 2020 08:30pm

Pakistan

NHA chairman praises China for assisting Pakistan in fight against COVID-19

CSCEC Chief representative Xiao Hua handed over Personal Protective Equipment (PPE) to Sikander Qayyum during the ceremony, said a news release.

Published 06 Oct, 2020 08:28pm

Pakistan

Govt. to make all out efforts to bring Nawaz Sharif back: Sh. Rasheed

Sh. Rasheed claimed that Pakistan Muslim League-Nawaz (PML-N) would convert into PML (Sheen) group between December 30 to February 20.

Published 06 Oct, 2020 08:27pm

Pakistan

Dry, hot weather persists in city

According to synoptic situation, continental air is prevailing over most parts of the country.

Published 06 Oct, 2020 08:26pm

Pakistan

Punjab govt taking steps for uplift of DG Khan, Rajanpur's Katcha area

Raja Basharat said that Punjab Chief Minister Sardar Usman Bazdar wanted to improve security and basic social structure in the Katcha area.

Published 06 Oct, 2020 08:24pm

USA

Trump 'looking forward' to next presidential debate

"I am looking forward to the debate on the evening of Thursday, October 15th in Miami. It will be great!" Trump tweeted.

Published 06 Oct, 2020 08:23pm

Pakistan

Center wants to develop islands in Karachi: Zaidi

The double standard of Pakistan Peoples Party leaders on the issue had been exposed before the public, he said and added the PPP was creating hype on the development issues.

Published 06 Oct, 2020 08:21pm

Exchange

PM directs for devising strategy to bring down inflation, food items' prices: Shibli

He said Minister for Planning and Development Asad Umar briefed the cabinet on the economic indicators.

Published 06 Oct, 2020 08:21pm

Pakistan

COAS Bajwa visits GB, inaugurates Software Technology Park

ISPR states the facility will help create environment for research and innovation in the fields of IT and defence communication and will serve as a trigger for development of cyber industry in the area

Published 06 Oct, 2020 07:44pm

Pakistan

Chaudhary Sarwar denies involvement in treason case registration against Nawaz Sharif

The Punjab governor also distanced himself from case filer Babar Rasheed.

Updated 06 Oct, 2020 07:23pm

Exchange

PM directs cabinet to bring down prices of essential items

Information minister says wheat prices are higher in Sindh due to provincial government's reluctance to release the crop

Published 06 Oct, 2020 06:50pm

Exchange

Taliban and Afghan officials deny reports of reaching an agreement to advance peace talks

The news agency reported that, Under the deal, foreign forces will leave Afghanistan by May 2021 in exchange for counter terrorism guarantees from the Taliban, which agreed to negotiate a permanent cease-fire and a power-sharing formula with the Afghan government.

Updated 06 Oct, 2020 07:04pm

Pakistan

Islamabad Mayor Ansar Aziz resigns over "govt's interference in LG matters"

Aziz has submitted his resignation to the Election Commission of Pakistan for approval

Updated 06 Oct, 2020 06:19pm

Exchange

Rupee strengthened against US dollar

In interbank trading, the price of euro appreciated by 17 paisas and closed at Rs. 193.08 against the last day’s trading of Rs. 192.91, State Bank of Pakistan reported.

Published 06 Oct, 2020 06:16pm

Pakistan

Gold prices increase Rs800 to Rs113,300

Likewise, the price of 10 grams gold also increased by Rs. 686 and was traded at Rs. 97,136 against its sale at Rs. 96,450, Karachi Sarafa Association reported.

Published 06 Oct, 2020 06:14pm

Bullion Rate

Bullion rates in Hyderabad gold market

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

Published 06 Oct, 2020 06:13pm

Pakistan

Govt. has nothing to do with sedition case against PML-N: Shehryar

He said Maulana Fazl-ur-Rehman had also tried to create chaos in the country when Prime Minister Imran Khan was to address the UNGA the last year.

Published 06 Oct, 2020 06:11pm

Pakistan

FBR start tax awareness education in educational institutions

Under the Letter of Understanding (LoU) signed between FBR and Federal Directorate of Education (FDE), said a statement issued by FBR here on Tuesday.

Published 06 Oct, 2020 06:09pm

Pakistan

COVID-19 claims 8 lives, infects 298 in Sindh including 170 from Karachi: CM

The CM said that 9754 samples were tested against which 298 new cases were detected that constituted three percent current detection rate.

Published 06 Oct, 2020 06:05pm

Forex

South Africa's rand firms slightly on upbeat risk sentiment

At 0620 GMT, the rand traded at 16.5700 versus the US dollar, a tad firmer than its previous close of 16.5775.

Published 06 Oct, 2020 05:11pm

Stocks

South Korea stocks gain for fifth session as Trump returns to White House

Meanwhile, South Korea reported 75 new coronavirus cases as of Monday midnight, according to the Korea Disease Control and Prevention Agency.

Published 06 Oct, 2020 05:08pm

Stocks

European stocks seek direction after Wall Street rally

The pan-European STOXX 600 slipped 0.1pc by 0716 GMT, with the German DAX and France's CAC 40 trading flat, while London's FTSE 100 slipped 0.2pc.

Published 06 Oct, 2020 04:55pm

Forex

Rouble falls with eye on geopolitics, rising COVID-19 cases in Russia

Against the euro, the rouble eased 0.5pc to 92.51, heading towards 93.32, its weakest level since early 2016 it hit a week ago.

Published 06 Oct, 2020 04:53pm

South Asia

Pompeo, Japan's Suga shared understanding that regional situation is severe

Pompeo, who is in Tokyo for a one-day visit, also told the prime minister he fully supports holding the Tokyo Olympics next year, the government said.

Published 06 Oct, 2020 04:49pm

Europe

EU wants a trade deal with Britain, but cannot exclude ‘no-deal’

Speaking to the European Parliament, Sefcovic said the EU's chief negotiator Michel Barnier and his team had the EU's full support.

Published 06 Oct, 2020 04:42pm

World

Pompeo calls regional allies to unite against China

U.S. Secretary of State held a meeting with foreign ministers of Japan, Australia and India, considered to be close allies of America in Asia

Published 06 Oct, 2020 04:24pm

Stocks

Major Gulf bourses gain as financials lead

Saudi Arabia's benchmark index increased 0.6pc, with Al Rajhi Bank rising 0.9pc and telecoms firm Etihad Etisalat jumping 5.1pc.

Published 06 Oct, 2020 04:41pm

Money & Banking

Australia central bank holds rates, but easing expected soon

The Reserve Bank of Australia (RBA) kept the rate steady at an all-time low of 0.25%, as widely expected in a Reuters poll.

Published 06 Oct, 2020 04:38pm

Forex

Kenyan shilling flat, remittance and horticulture flows lend support

At 0825 GMT, commercial banks quoted the shilling at 108.45/65 per dollar, the same level as Monday's close.

Published 06 Oct, 2020 04:37pm

USA

2020 U.S Presidential Election shatters spending records, with $11 billion haul

As the United States enters yet another enormously divisive and politically heated Presidential Election, in the midst of the (still-raging) COVID-19 pandemic, the total cost of the 2020 Election has obliterated any previous spending records in the past, amounting to nearly $11 billion.

Published 06 Oct, 2020 04:37pm

Forex

Sterling tops $1.30 as investors push back negative rate expectations

The pound gained 0.3pc in early trading to touch $1.3006, the first time it had broken the mark since mid-September, before giving up its gains. It was last down 0.1pc at $1.2962.

Published 06 Oct, 2020 04:34pm

Commodities

CBOT soybeans may rise to $11.67 in Q4

The contract has cleared a resistance at $10.19-3/4, the 23.6pc retracement of the downtrend from $17.94-3/4 to $7.80-1/2.

Published 06 Oct, 2020 04:26pm

Financial

Indonesia raises 26.1 trln rupiah from debt auction

The weighted average yields of the bonds were mostly higher than the comparable bonds at the previous auction on Sept. 22.

Published 06 Oct, 2020 04:25pm

Stocks

Stocks inch to two-week high after Trump leaves hospital

Europe saw a stuttering start with London's FTSE dipping and not much traction from France, Italy or Germany, despite a "remarkable" jump in German industrial orders.

Published 06 Oct, 2020 04:10pm

South Asia

China in talks with WHO over assessing its COVID-19 vaccines for global use

The WHO's emergency use listing procedure allows unlicensed vaccines and treatments to be assessed to expedite their availability in public health emergencies.

Published 06 Oct, 2020 04:09pm

Europe

Russia's new coronavirus cases surge past 11,000 to highest since May 11

The total number of cases registered since the beginning of the outbreak stands at 1,237,504, they said.

Published 06 Oct, 2020 04:07pm

Exchange

Unity Foods intends to acquire Reem Rice

The company o Tuesday informed that its Board of Directors are considering the acquisition 29,919,800 ordinary shares of the said company.

Published 06 Oct, 2020 03:50pm

World

Beirut blast among top 10 most powerful non-nuclear explosions in history: Study

The devastating explosion yield was equivalent of between 500 and 1,100 tons of TNT, claims the study.

Updated 06 Oct, 2020 04:03pm

Pakistan

Man behind treason case FIR against Nawaz Sharif has a criminal record

Rasheed is nominated in criminal cases including an attempt to murder, weapon possession, and interference in state matters.

Updated 06 Oct, 2020 04:01pm

Pakistan

India is not interested in appointing a lawyer for Kulbhushan Jadhav, IHC told

India has once again failed to appoint a legal representative for convicted Indian spy Kulbhushan Jadhav.

Updated 06 Oct, 2020 03:56pm

Energy

UK GAS-Prices fall on higher Norwegian imports, stronger wind output

A long system due to higher Norwegian imports and lower gas-for-power demand was bearing on prices, traders said.

Published 06 Oct, 2020 03:54pm

Europe

Poland reports new record of daily coronavirus-related deaths

Poland, which has a population of 38 million, has reported 104,316 cases overall and 2,717 deaths, much lower than many other European countries.

Published 06 Oct, 2020 03:52pm

Forex

Ugandan shilling unchanged, draws support from commodity exports and offshore flows

At 0756 GMT commercial banks quoted the shilling at 3,695/3,705, same level as Monday's close.

Published 06 Oct, 2020 03:51pm

World

Three scientists win Nobel Prize in Physics for work on Black Hole formation

The Royal Swedish Academy of Sciences states one half of the Nobel Prize is awarded to Roger Penrose while the other half jointly to US scientists Reinhard Genzel and Andrea Ghez

Updated 06 Oct, 2020 03:52pm

Commodities

Japan seeks 118,428 tonnes of food wheat via tender

Japan's Ministry of Agriculture sought 118,428 tonnes of food quality wheat from the United States, Canada and Australia in a regular tender.

Published 06 Oct, 2020 03:49pm

Stocks

Nigerian stocks rise in early trades to 8-month high

Local stocks climbed to 28,185 points by 0941 GMT, their highest level since Feb. 6.

Published 06 Oct, 2020 03:48pm

Money & Banking

Bank of England allots most since June in 6-month repo

Demand for the funding peaked on March 24 at 7.2 billion pounds, when liquidity shortages caused by financial market turmoil related to the coronavirus were at their greatest.

Published 06 Oct, 2020 03:47pm

Mutual Funds

The Rise of Mutual Funds

Stock market is an interesting beast with so many variables and forces at play impacting the poor old KSE 100 index....

Published 06 Oct, 2020 03:48pm

Asia

Malaysia reports 691 new coronavirus cases, biggest daily jump

There were four additional deaths confirmed, taking total fatalities to 141, the health ministry said. Total infections in the country stood at 13,504.

Published 06 Oct, 2020 03:46pm

Stocks

LSE's Paris unit hooks up with Cboe for clearing share trades

"This is the latest milestone in our strategy to expand the number of equities trading venues available to our clearing members," said Christophe Hemon, CEO of LCH in Paris.

Published 06 Oct, 2020 03:43pm

Energy

Oil prices gain on supply disruptions, Trump's hospital exit

US West Texas Intermediate (WTI) crude futures were trading 34 cents higher, or 0.9pc, at $39.56 a barrel.

Published 06 Oct, 2020 03:41pm

World

Worldwide coronavirus cases cross 35.34 million, death toll at 1,039,158

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

Published 06 Oct, 2020 03:40pm

Exchange

Taliban, Afghan negotiators set ground rules to safeguard peace talks – sources

The breakthrough was achieved with the help of U.S. officials, as the two sides drew up 19 ground rules that their negotiators should observe during talks.

Published 06 Oct, 2020 03:29pm

Commodities

Gold steady as weaker dollar offsets buoyant equities

Spot gold was little changed at $1,912.81 per ounce by 0946 GMT, having hit its highest since Sept. 22 on Monday at $1,918.36.

Published 06 Oct, 2020 03:35pm

Commodities

SOFTS-Arabica coffee edges higher, London cocoa eases

December arabica coffee rose by 0.4 cents, or 0.4pc, to $1.076 per lb by 0948 GMT. The front month set a more than two-month low of $1.0490 on Friday.

Published 06 Oct, 2020 03:32pm

Commodities

Soybeans stay firm on slow Brazil planting, strong US exports

Corn edged up after US Department of Agriculture (USDA) data showed the US harvest was less advanced than expected.

Published 06 Oct, 2020 03:31pm

Europe

EU reviewing Pfizer-BioNTech COVID-19 vaccine in real time

Pfizer's vaccine is currently being evaluated in late-stage studies in the United States, Brazil, South Africa and Argentina.

Published 06 Oct, 2020 03:28pm

Commodities

Copper edges higher on potential Chile mine disruption

Three-month copper on the London Metal Exchange (LME) was up 0.2pc at $6,538 a tonne by 0936 GMT after volatile moves last week.

Published 06 Oct, 2020 03:23pm

Pakistan

Shehbaz Sharif gifted assets, properties worth millions to his family: NAB

The PML-N president gave away gifts worth Rs242 million to his wife and children and received more than Rs42.6 million worth of presents from his sons

Updated 06 Oct, 2020 03:21pm

Business & Finance

Millions of tonnes of wheat on the brink of spoilage in Sindh

Not a single contract has been allotted in the last three months, due to which insects have started infesting the wheat.

Published 06 Oct, 2020 03:15pm

Exchange

Africa losing $89 billion each year due to illicit financial flows, according to UNCTAD report

In a recent from the United Nations Conference on Trade and Development (UNCTAD), it can be observed that Africa has lost nearly $89 billion on an annual basis, in illicit financial flows - which include tax evasion, theft, and diversion of public funds.

Published 06 Oct, 2020 02:47pm

India's aggressive behaviour poses serious threat to peace in region: FM

Qureshi says extrajudicial killings of innocent people of Kashmir are tactics used to break the will of the people fighting for their right to self-determination

Updated 06 Oct, 2020 02:32pm

Perspectives

CPEC and Provincial Autonomy

Is CPEC just a state-to-state cooperation agreement or will the economic benefits trickle down to the provinces?

Updated 06 Oct, 2020 02:27pm

World

Khalilzad implores Afghans to "not let this opportunity for peace to slip away"

Ambassador Zalmay Khalilzad, spoke of President Ashraf Ghani’s visit to Doha for the ongoing peace negotiations.

Published 06 Oct, 2020 02:06pm

Pakistan

ATC extends bail of Sanaullah, Safdar in NAB office attack case

The accused appeared before the court as it resumed hearing the case.

Updated 06 Oct, 2020 01:54pm

Exchange

FFBL to raise Rs4.99bn to reduce debt levels

The company informed that the purpose of the Right Issue is to raise Rs 4.99 billion sum to reduce current debt levels, manage working capital, and to support subsidiaries.

Published 06 Oct, 2020 01:41pm

Pakistan

Expelled PML-N leader calls on CM Buzdar

Ashraf Ansari was earlier expelled from PML-N for meeting the CM without the permission of the party leadership.

Published 06 Oct, 2020 01:38pm

Pakistan

Pakistani state is not part of treason case against Nawaz: Punjab Police

Earlier, PM expressed his displeasure over the treason case against Nawaz, other PML-N leaders.

Updated 06 Oct, 2020 01:08pm

Business & Finance

PM chairs federal cabinet meeting reviews economic situation

Under the agenda of the meeting, the cabinet will discuss the country's economic situation, inflation, and other economic indicators will also come under discussion.

Published 06 Oct, 2020 01:00pm

World

US court orders Iran to pay $1.4 billion in damages to missing former FBI agent's family

“Until now, Iran has faced no consequences for its actions. Judge Kelly’s decision won’t bring Bob home, but we hope that it will serve as a warning against further hostage taking by Iran,” the family said.

Published 06 Oct, 2020 12:36pm

Business & Finance

CAA issues SOPs for domestic passengers

The rules will remain applicable till December 31.

Published 06 Oct, 2020 11:35am

Business & Finance

KE to invest further Rs9.5bn for rain risk mitigation plan

The additional investment will be over and above budgeted investment of Rs24.4bn for the upgradation of infrastructure and advancement of protection in distribution network.

Published 06 Oct, 2020 10:47am

World

Trump returns to White House, urges people not to be afraid of COVID-19

"Now I'm better, maybe I'm immune, I don't know. Get out there. Be careful," Trump said.

Updated 06 Oct, 2020 10:49am

Technology

Slack says some users facing performance glitches on app

"Some users may be unable to connect to Slack, while others are seeing general performance issues," Slack said in a tweet here, adding that it was investigating the problem.

Published 06 Oct, 2020 10:34am

Technology

U.S. House's antitrust report hints at break-up of Big Tech firms: lawmaker

The House antitrust subcommittee is expected to publish its report this week on Amazon.com Inc, Apple Inc, Facebook Inc and Google owner Alphabet Inc.

Published 06 Oct, 2020 10:24am

Currency

Dollar's strength to be short-lived; volatility and weakness ahead: Reuters poll

The expected pull and push in the currency market in the lead up to the election was underscored by the wide range of forecasts in the one-month-ahead predictions compared to the previous month.

Published 06 Oct, 2020 10:21am

Technology

Musk's SpaceX wins Pentagon award for missile tracking satellites

Under the SDA contract, SpaceX will use its Starlink assembly plant in Redmond, Washington, to build four satellites fitted with a wide-angle infrared missile-tracking sensor supplied by a subcontractor, an SDA official said.

Published 06 Oct, 2020 10:18am

Business & Finance

IMF urges infrastructure investment to boost post-COVID growth

The full Fiscal Monitor will be presented at the IMF and World Bank annual meetings, which get underway next week and will provide an updated assessment of the pandemic’s effect on the global economy.

Published 06 Oct, 2020 10:15am

USA

President Trump's political stunt termed as "insane" by medical staff at Walter Reed

On Sunday, President Donald Trump made a last-minute surprise ‘drive by’ for his supporters flocked outside the Walter Reed Medical Center, briefly leaving the premises in the Presidential motorcade to thank his cheering loyalists.

Published 06 Oct, 2020 10:07am

BR Research

IPO files: Agha Steel’s ‘Midas’ touch

For the first time in a long time, steel melting furnaces in Pakistan could soon be churning gold. And Agha Steel...

Published 06 Oct, 2020 07:20am

BR Research

A regulatory challenge

While the microfinance sector seems to have weathered the first coronavirus wave, there is a sense that it only...

Published 06 Oct, 2020 07:19am

BR Research

Oil sales: Black oil back for good?

Petroleum sales by the oil marketing companies in 1QFY21 ended up 10 percent year-on-year higher despite the ...

Published 06 Oct, 2020 07:18am

Currency

National Foods Limited

National Foods Limited (PSX: NATF) was established as a private limited company in 1970. It was later converted into...

Published 06 Oct, 2020 07:16am

Pakistan

CEO Fesco case: LHC relief violative of laid down rule: SC

ISLAMABAD: The Supreme Court has held that the suspension of transfer order of CEO Fesco by Lahore High Court is...

Published 06 Oct, 2020 03:00am

Pakistan

252 new cases of Covid-19 reported in Sindh

KARACHI: As many as 252 new cases of coronavirus emerged when 7993 samples were tested raising the tally to 138,593...

Published 06 Oct, 2020 03:00am

Pakistan

KW&SB MD directs resolution of Korangi industrial area issues

KARACHI: Karachi Water & Sewerage Board (KW&SB) managing director Asadullah Khan has directed to resolve all...

Published 06 Oct, 2020 03:00am

Pakistan

Water stress to hit Rabi crops: Met

KARACHI: The Met Office has warned that water stress will hit the Rabi crops because of deficient rains, ...

Published 06 Oct, 2020 03:00am

Pakistan

AJK liberated to become part of Pakistan, not India: Masood

MUZAFFARABAD: Azad Jammu and Kashmir (AJK) President Sardar Masood Khan on Monday said the Kashmiri elders had...

Published 06 Oct, 2020 03:00am

Pakistan

KEMU budget approved for 2019-20

LAHORE: Punjab Governor Chaudhry Sarwar and Punjab Health Minister Dr Yasmin Rashid has approved the budget for the...

Published 06 Oct, 2020 03:00am

Opinion

Rich nations tighten firehose of aid as virus outlasts early efforts

If Round One of the coronavirus relief effort was the economic equivalent of "shock and awe," new plans being...

Published 06 Oct, 2020 03:00am

Electricity and gas: 'Informal' letters issued to unregistered consumers

ISLAMABAD: The Federal Board of Revenue (FBR) has issued informal letters to all unregistered commercial and...

Published 06 Oct, 2020 03:00am

Price of 50kg cement bag up by Rs30

ISLAMABAD: The cement manufactures have increased the price of their produce by Rs30 per 50kg bag from Rs510 per bag...

Published 06 Oct, 2020 03:00am

Eight killed in attack targeting Afghan governor

JALALABAD: A suicide attack targeting an Afghan provincial governor killed at least eight people Monday, officials...

Published 06 Oct, 2020 03:00am

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

ISLAMABAD: Pakistan will ramp up spot buying of liquefied natural gas (LNG) from the international market, seeking ...

Published 06 Oct, 2020 03:00am

Cabinet to discuss PDM 'challenge' today

ISLAMABAD: The Federal Cabinet which is scheduled to meet on Tuesday (Oct 6) with Prime Minister Imran Khan in the...

Published 06 Oct, 2020 03:00am

Broadcast of Sharifs' speeches: Petition seeking ban dismissed by IHC

ISLAMABAD: The Islamabad High Court (IHC) held that the security of Pakistan was not frail nor it could be ...

Published 06 Oct, 2020 03:00am

Sedition charges: FIR registered against Nawaz, others

LAHORE/ISLAMABAD: Police on Monday registered a first information report (FIR) against Pakistan Muslim League-Nawaz...

Published 06 Oct, 2020 03:00am

Sports

2020-21 season: PCB nominates ICC Panel of international match officials

LAHORE: The Pakistan Cricket Board (PCB) has announced its nominations to the ICC Panel of International Match...

Published 06 Oct, 2020 03:00am

Middle East

Dubai Safari Park re-opens after two-year refurbishment

DUBAI: Dubai's Safari Park reopened its doors Monday after a two-year expansion, as the emirate seeks to boost its...

Published 06 Oct, 2020 03:00am

Pakistan

Rs10 billion allocated for new KCR coaches: Rashid

ISLAMABAD: Minister for Railways Sheikh Rashid Ahmed said on Monday that the Ministry of Planning, Development and...

Published 06 Oct, 2020 03:00am

Pakistan

Safdar gets protective bail in treason case

LAHORE: The Lahore High Court on Monday granted protective bail to Capt (r) Muhammad Safdar, son-in-law of former...

Published 06 Oct, 2020 03:00am

Pakistan

'Pakistan integrates SDGs into its national development agenda'

ISLAMABAD: A meeting was held under the chairmanship of Minister for Planning Development and Special Initiatives...

Published 06 Oct, 2020 03:00am

Pakistan

Mudassar Malik appointed Lahore DC

LAHORE: The Punjab government has transferred Deputy Commissioner Lahore, Danish Afzal, who belongs to Pakistan...

Published 06 Oct, 2020 03:00am

Pakistan

Protocol duty: Cabinet Division may take over 33 vehicles from MoFA

ISLAMABAD: The federal cabinet is likely to allow Cabinet Division to take over 33 vehicles from Ministry of Foreign...

Published 06 Oct, 2020 03:00am

Pakistan

129 new Covid-19 cases reported in Punjab

LAHORE: Out of 9,325 corona tests conducted during the last 24 hours, 129 fresh cases have been reported taking the...

Published 06 Oct, 2020 03:00am

Pakistan

Issue of stunting growth: PM for preparing roadmap with provinces' nod

ISLAMABAD: Prime Minister Imran Khan has directed to formulate a comprehensive roadmap in consultation with the...

Published 06 Oct, 2020 03:00am

Pakistan

President condoles death of Sheikh Sabah with new Emir of Kuwait

ISLAMABAD: President Dr Arif Alvi on Monday met new Emir of Kuwait Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah in Kuwait...

Published 06 Oct, 2020 03:00am

Pakistan

Social protection responses to Covid-19: Pakistan ranked one of the top countries in Asia

ISLAMABAD: Pakistan was ranked on Monday as one of the top countries in Asia -along with Sri Lanka, East Timor and...

Published 06 Oct, 2020 03:00am

Pakistan

PM for maximum efforts to meet needs of poor, destitute

ISLAMABAD: Prime Minister Imran Khan, expressing satisfaction over the establishment of model shelter homes in the...

Published 06 Oct, 2020 03:00am

Opinion

PARTLY FACETIOUS: The three stooges

"Do you think the three stooges are doing a good job?" "You have to narrow it down? Which three stooges?" "As far...

Published 06 Oct, 2020 03:00am

Europe

'Cautious optimism' as conference pushes Libya peace

BERLIN": Germany's foreign minister on Monday voiced "cautious optimism" over efforts to end the conflict in Libya,...

Published 06 Oct, 2020 03:00am

World

NATO chief tells Turkey to help calm Karabakh conflict

ANKARA: The head of NATO said Monday he expected Turkey - a key ally of Azerbaijan - to use its "considerable"...

Published 06 Oct, 2020 03:00am

Opinion

Dangerous buildings

Residential buildings in Karachi are falling like nine pins. Many families are devastated and some completely...

Published 06 Oct, 2020 03:00am

Currency

Eurozone recovery weakens

LONDON: The eurozone's economic recovery faltered in September with growing evidence sectors and countries in the...

Published 06 Oct, 2020 03:00am

Editorials

Executive's fumbling

EDITORIAL: While hearing a suo motu case regarding the targeted killings of Hazara people and a petition seeking...

Published 06 Oct, 2020 03:00am

Opinion

The sustainable development goals

The Sustainable Development Goals (SDGs) of the United Nations are a successor to the Millennium Development Goals...

Published 06 Oct, 2020 03:00am

Business & Finance

Indicators show economy moving back on growth trajectory

ISLAMABAD: Despite challenges at internal and external fronts, especially owing to the outbreak of coronavirus...

Published 06 Oct, 2020 03:00am

Letters

K-Electric: A proposal

With reference to the hearing on K-Electric conducted by Nepra in Karachi and your editorial of 30th September which...

Published 06 Oct, 2020 03:00am

AC indicts Zardari in Park Lane, Thatta Water Supply references

ISLAMABAD: The Accou-ntability Court Islamabad hearing multi-billion rupees fake bank accounts case on Monday...

Published 06 Oct, 2020 03:00am

Tabish meets PM, discusses energy sector reforms

ISLAMABAD: Prime Minister Imran Khan on Monday held a meeting with his newly-appointed Special Assistant on Power...

Published 06 Oct, 2020 03:00am

Dr Waqar appointed SAPM on revenue

ISLAMABAD: The government has appointed former secretary finance, Dr Waqar Masood Khan, as Special Assistant to the...

Published 06 Oct, 2020 03:00am

Eight international parties turn up for TCP wheat tender

KARACHI: In response to Trading Corporation of Pakistan (TCP) wheat import tender, some eight (8) international...

Published 06 Oct, 2020 03:00am

Imports up 0.56 percent: Jul-Sept exports down 0.94 percent YoY

ISLAMABAD: The country's exports during July-September 2020 as compared with the same period of the last year have...

Published 06 Oct, 2020 03:00am

NA panel 'smells a rat' in wheat import

ISLAMABAD: A National Assembly panel "smelled a rat" in import of wheat as the bulk of the commodity has been and is...

Published 06 Oct, 2020 03:00am

Tax-to-GDP ratio falls to historic low

ISLAMABAD: The Federal Board of Revenue (FBR) Monday admitted that the country's tax-to-GDP ratio had declined to a...

Published 06 Oct, 2020 03:00am

Business & Finance

Critical component of CPEC: Only one bid received for Sukkur-H'abad Motorway

ISLAMABAD: The government has received poor response to the international tender for Sukkur-Hyderabad Motorway ...

Published 06 Oct, 2020 03:00am

Pakistan

Conduct of Business Rules: Senate body discusses proposed amendments

ISLAMABAD: The Senate Committee on Monday discussed the proposed amendments in detail, and decided to examine...

Published 06 Oct, 2020 03:00am

Life & Style

Aaj TV - Tuesday's Program schedule

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

Published 06 Oct, 2020 03:00am

Forex

Banks rates for currency notes (buying and selling)

KARACHI: The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on ...

Published 06 Oct, 2020 03:06am

Stocks

Dates of Closure of Books & Annual General Meetings

KARACHI: Dates of Closure of Books and holding of Ordinary and Extra-Ordinary General Meetings of companies listed ...

Published 06 Oct, 2020 03:00am

Pakistan

The Weather

KARACHI: The weather report on Monday (October 5, 2020) and the forecast for Tuesday (October 6, 2020)....

Published 06 Oct, 2020 03:00am

Pakistan

PDM unveils schedule of countrywide rallies

ISLAMABAD: Pakistan Democratic Movement (PDM), the alliance of the opposition political parties, on Monday, unveiled...

Published 06 Oct, 2020 03:00am

Pakistan

SC seeks report from AC regarding bail of ex-DG LDA

ISLAMABAD: The Supreme Court on Monday sought report from an Accountability Court regarding bail of former director...

Published 06 Oct, 2020 03:00am

Pakistan

Mohammad Zubair made spokesperson for Nawaz, Maryam

LAHORE: Former Sindh governor and PML-N leader Mohammad Zubair has been appointed as the spokesperson for PML-N...

Published 06 Oct, 2020 03:00am

Pakistan

Gilgit-Baltistan elections: PTI announces nominations of candidates for 24 seats

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Monday announced nominations of its candidates for 24 seats for the...

Published 06 Oct, 2020 03:00am

Pakistan

Assets beyond means case: NAB reviews inquiries against Fazl, PML-N leaders

ISLAMABAD: The National Accountability Bureau (NAB) on Monday reviewed the progress on inquires against Jamiat...

Published 06 Oct, 2020 03:00am

Pakistan

PML-N condemns booking leaders in sedition cases

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) on Monday strongly condemned booking of the party leaders in...

Published 06 Oct, 2020 03:00am

Pakistan

'Illegal annexation' of Sindh's islands" PPP to oppose PTI's move in parliament: Bilawal

ISLAMABAD: Pakistan People's Party (PPP) Chairman Bilawal Bhutto-Zardari said that his party would strongly oppose...

Published 06 Oct, 2020 03:00am

Pakistan

Outgoing naval chief meets PM

ISLAMABAD: Chief of Naval Staff Admiral Zafar Mahmood Abbasi paid a farewell call on Prime Minister Imran Khan here...

Published 06 Oct, 2020 03:00am

Pakistan

NAB team raids in Karachi

ISLAMABAD: The National Accountability Bureau (NAB) has arrested two officers of the local bodies ministry in Sindh...

Published 06 Oct, 2020 03:00am

Pakistan

Posting of SLIC ED: PM approves summary for submission to Cabinet

ISLAMABAD: The Ministry of Commerce had requisitioned the services of Abdul Khalique Shaikh PSP/BS-21 officer,...

Published 06 Oct, 2020 03:00am

Pakistan

NAB chairman has taken notice of media report

ISLAMABAD: The NAB chairman has taken serious notice of media reports about provision of food to Shehbaz Sharif in...

Published 06 Oct, 2020 03:00am

World

WHO believes 10 percent of world has had Covid-19, eyes faster reforms

GENEVA: The WHO estimated Monday that 10 percent of the world has been infected by the new coronavirus - way more...

Published 06 Oct, 2020 03:00am

Europe

Paris shuts bars to brake Covid-19 spread

PARIS: Bars and cafes in Paris, placed on maximum coronavirus alert Monday, will be shuttered for two weeks under ...

Published 06 Oct, 2020 03:00am

USA

Trump's press secretary tests positive for Covid-19

WASHINGTON: White House Press Secretary Kayleigh McEnany announced on Monday she has tested positive for Covid-19,...

Published 06 Oct, 2020 03:00am

Europe

UK blames software after 16,000 virus cases go missing

LONDON: Britain's health minister on Monday blamed out-of-date software for the fact that almost 16,000 positive...

Published 06 Oct, 2020 03:00am

Technology

Greece, Microsoft announce 1 billion euro cloud investment

ATHENS: Greece and Microsoft on Monday announced an investment deal worth up to a billion euros ($1.2 billion) to...

Published 06 Oct, 2020 03:00am

Asia

Thai king approves new finance minister

BANGKOK: Thailand's king has approved Arkhom Termpittayapaisith as the country's new finance minister, as widely...

Published 06 Oct, 2020 03:00am

Pakistan

Rs8.68 billion money laundering scam unearthed

KARACHI: Directorate of Intelligence and Investigation, (DI&I) IR Karachi has unearthed a mega money laundering...

Published 06 Oct, 2020 03:00am

Pakistan

DISCOs'recovery losses surge 200 percent in 2018-19

LAHORE: Recovery losses of distribution companies (DISCOs) in Pakistan have risen to 200 percent in 2018-19 ...

Published 06 Oct, 2020 03:00am

Cotton

Punjab government allocates Rs 4 billion to tackle white fly

LAHORE: Punjab government has allocated a huge sum of Rs 4 billion to tackle the white fly besides extending a...

Published 06 Oct, 2020 03:00am

Pakistan

Punjab government to construct 3 intercity bus terminals in Lahore

LAHROE: In order to provide state-of-the-art facilities to the passengers, the Punjab transport department has...

Published 06 Oct, 2020 03:00am

Pakistan

Shehbaz complains to judge of humiliation by NAB officials

LAHORE: Leader of the Opposition in National Assembly and PML-N President Shehbaz Sharif on Monday complained to the...

Published 06 Oct, 2020 03:00am

Pakistan

Nawaz didn't meet any Indian in London, clarifies Zubair

KARACHI: Pakistan Muslim League-Nawaz (PML-N) leader Muhammad Zubair on Monday has clarified that party supremo and...

Published 06 Oct, 2020 03:00am

Pakistan

Metro Pakistan concludes 'Charity Day'

KARACHI: METRO Pakistan concludes its charity donation drive as part of the International Charity Day ...

Published 06 Oct, 2020 03:00am

Currency

State Bank of Pakistan conversion rates

KARACHI: Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates,...

Published 06 Oct, 2020 03:00am

Exchange

Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than...

Published 06 Oct, 2020 03:00am

Forex

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Monday (October ...

Published 06 Oct, 2020 03:00am

Forex

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...

Published 06 Oct, 2020 03:00am

Libor

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Currency

Bill buying rates per unit of currency

KARACHI: Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank ...

Published 06 Oct, 2020 03:00am

Forex

Open market rates of foreign currencies

KARACHI: Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Monday (October 5,...

Published 06 Oct, 2020 03:00am

Libor

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Rates.KIBOR

Kibor interbank offered rates

KARACHI: Kibor interbank offered rates on Monday (October 5, 2020). ========================== KIBOR...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Monday (October 5, 2020). ========================...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Monday (October 5, 2020). ========================...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meeseq Fund Rates on Monday (October 5, 2020). ======================== Offer Price 1,145.9452 Bid...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price ...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Monday (October 5, 2020). ======================== Offer ...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Monday (October 5, 2020). ======================== Offer Price 1,377.1560...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Monday (October 5, 2020). ======================== Offer Price...

Published 06 Oct, 2020 03:00am

Exchange

Clearing Schedule for T+2 System

KARACHI: Pakistan Stock Exchange's Clearing Schedule for T+2 System....

Published 06 Oct, 2020 03:00am

Exchange

Proposed right issues

KARACHI: Right issues proposed by companies listed on Pakistan Stock Exchange....

Published 06 Oct, 2020 03:00am

Stocks

Last date of renunciation/payment

KARACHI: Last dates of renunciation/payment....

Published 06 Oct, 2020 03:00am

Exchange

BOARD MEETINGS

KARACHI: Board Meetings of Companies listed on the Pakistan Stock Exchange....

Published 06 Oct, 2020 03:00am

Rates.BR Index

BRIndex100 and BR Sectoral Indices

KARACHI: BRIndex100 and BR Sectoral Indices on Monday (October 5, 2020). ==================================== BR...

Published 06 Oct, 2020 03:00am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on Monday...

Published 06 Oct, 2020 03:00am

Mutual Funds

Mutual Funds Association of Pakistan

KARACHI: Mutual Funds Association has issued open-end funds daily prices for Monday (October 5, 2020)...

Published 06 Oct, 2020 03:00am

Rates

Member to Member

KARACHI: The following transactions member to member subsequently reported on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Rates

Cross Transactions between Client to Client & Financial Institutions

KARACHI: The following were the cross transactions between client to client & financial institutions here on...

Published 06 Oct, 2020 03:00am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Currency

THE RUPEE: $ loses value

KARACHI: On Monday, upon market closing, USD continued to lose value against PKR in both interbank and open markets....

Published 06 Oct, 2020 03:00am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Monday (October 5, 2020). ======================== Bid Rate Rs...

Published 06 Oct, 2020 03:00am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Kerb

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 06 Oct, 2020 03:00am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Monday (October 5, 2020). ======================================= Offset...

Published 06 Oct, 2020 03:00am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Monday (October 5, 2020)...

Published 06 Oct, 2020 03:00am

Exchange

LME official prices

LONDON: The following were Friday official prices....

Published 06 Oct, 2020 03:00am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Commodities

Sugarcane crushing dates for Sindh, Punjab announced

ISLAMABAD: The National Price Monitoring Committee (NPMC) has been informed that crushing of sugarcane in the Punjab...

Published 06 Oct, 2020 03:00am

Cotton & Textile

KCA raises spot rate by Rs 100 to Rs 9150

KARACHI: The Spot Rate Committee of the Karachi Cotton Association on Monday increased the spot rate by Rs 100 per...

Published 06 Oct, 2020 03:00am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Monday (October 5, 2020)....

Published 06 Oct, 2020 03:00am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 320,396 tonnes of cargo comprising 220,250 tonnes of import cargo and 100,146...

Published 06 Oct, 2020 03:00am

Commodities

Canadian canola futures slip

WINNIPEG: ICE Canadian canola futures slipped on Friday, pressured by large commercial supplies and weaker soyaoil...

Published 06 Oct, 2020 03:00am

Grains

Euronext wheat lower on steady export demand

PARIS: Euronext wheat edged lower on Friday as the market consolidated after a rally this week but steady export...

Published 06 Oct, 2020 03:00am

Commodities

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 9.242 ...

Published 06 Oct, 2020 03:00am

Grains

CBOT corn futures decline

CHICAGO: Chicago Board of Trade corn futures declined on Friday on expectations of active harvesting in the Corn ...

Published 06 Oct, 2020 03:00am

Commodities

Malaysian palm oil rises

KUALA LUMPUR: Malaysian palm oil futures ended higher on Monday, tracking soyaoil gains and a rebound in oil prices,...

Published 06 Oct, 2020 03:00am

Stocks

European stocks climb

MILAN/FRANKFURT: European shares closed at a two-week high on Monday, as positive updates on US President Donald...

Published 06 Oct, 2020 03:00am

Stocks

Monday's early afternoon trade: Stimulus hopes lift Wall Street

NEW YORK: Wall Street jumped on Monday as hopes of more fiscal stimulus helped the three main indexes recover from a...

Published 06 Oct, 2020 03:00am

Commodities

Crushing season in Punjab: Probability of enhancing minimum purchase price for sugarcane discussed

LAHORE: Stakeholders of sugar value chain discussed the probability of enhancing minimum purchase price for ...

Published 06 Oct, 2020 03:00am

Grains

Government gets offers in tender for 300,000 tonnes of wheat

HAMBURG: The lowest price offered in the international tender from a government agency in Pakistan to buy about...

Published 06 Oct, 2020 03:00am

Commodities

Minister for creating self-sufficient agricultural sector

DERA GHAZI KHAN: Federal Minister for National Food Security & Research Syed Fakhar Imam said with a need to...

Published 06 Oct, 2020 03:00am

Commodities

Gold up by Rs700

KARACHI: Price of Gold on Monday grew by Rs700 to Rs112,500 per tola on the local market, traders said. The precious...

Published 06 Oct, 2020 03:00am

Commodities

Copper prices fall

LONDON: Copper prices fell on Monday as signs of weakening demand outweighed the positive mood on wider markets ...

Published 06 Oct, 2020 03:00am

Cotton & Textile

Cotton hits over 7-month peak

NEW YORK: ICE cotton futures climbed to over a seven-month high on Monday, on news that US President Donald Trump...

Published 06 Oct, 2020 03:00am

Cotton & Textile

New York cotton

NEW YORK: The following were the fluctuations observed during the day:...

Published 06 Oct, 2020 03:00am

Commodities

Gold climbs in New York

NEW YORK: Gold jumped 1% on Monday on optimism around a US stimulus bill and a weakened dollar, despite gains in the...

Published 06 Oct, 2020 03:00am

Energy

Oil jumps 5 percent

NEW YORK: Oil prices climbed more than 5% on Monday after US President Donald Trump said he will leave the hospital...

Published 06 Oct, 2020 03:00am

Energy

First LNG cargo arrives on 9th: All technical formalities may be resolved

ISLAMABAD: All the technical formalities would likely be resolved for bringing first LNG cargo by a private party on...

Published 06 Oct, 2020 03:00am

Virus-hunting trio wins Nobel for Hepatitis C discovery

STOCKHOLM/BERLIN: Two Americans and a Briton won the 2020 Nobel Prize for Medicine on Monday for identifying the...

Published 06 Oct, 2020 03:00am

Minister defends 'premium' on locally-assembled cars

ISLAMABAD: Minister for Industries and Production, Hammad Azhar has reportedly defended the "premium" on locally...

Published 06 Oct, 2020 03:00am

Exchange

PSX hit by panic selling: BRIndex100 suffers erosion

KARACHI: Pakistan Stock Exchange Monday witnessed panic selling due to investors concerns over prevailing political...

Published 06 Oct, 2020 03:00am

Industry

US service sector activity rises above pre-pandemic level in September

WASHINGTON: US services industry activity picked up in September, pulling above a level that prevailed before the...

Published 06 Oct, 2020 03:00am

Money & Banking

Public investment key to Covid-19 recovery: IMF

WASHINGTON: Public investment should play a "central role" in boosting the economies of emerging and advanced...

Published 06 Oct, 2020 03:00am

Taxes

Transfers & postings: FBR starts action against officials involved in exerting pressures

KARACHI: Federal Board of Revenue (FBR) has started taking disciplinary action against its officials involved in...

Published 06 Oct, 2020 03:00am

Industry

FIC seeks priority berthing for DAP fertilizer vessels

KARACHI: The Fertilizer Importers Council has asked the federal government for the priority berthing of imported DAP...

Published 06 Oct, 2020 03:00am

Currency

Sterling falls against euro

LONDON: Sterling fell against the euro on Monday, although losses were limited as most analysts said they expect...

Published 06 Oct, 2020 03:00am

Currency	Rate
USD PKR Interbank Selling / Jun 30	278.36
USD PKR Interbank Buying / Jun 30	278.16
USD to Japanese Yen / Jul 1	162.72
USD to Swiss Franc / Jul 1	0.81
Pound Sterling to USD / Jul 1	1.32
Euro to USD / Jul 1	1.14
SOFR % / Jul 1	3.62

Stock	Volume
S&P 500 / Jun 30	7,499.36
Nasdaq / Jun 30	26,213.72
Dow Jones / Jun 30	52,319.20
India Sensex / Jul 1	76,897.91
Tokyo Nikkei / Jul 1	70,474.96
Hang Seng / Jul 1	22,881.02
FTSE 100 / Jul 1	10,472.35
Germany DAX 30 / Jul 1	25,081.59
France CAC40 / Jul 1	8,366.87

Item	Value
Crude Oil USD/Barrel / Jul 1	68.78
Karachi Cotton PKR/37.32 KG / Jul 1	17,780
Gold 10 Grams PKR / Jul 1	359,770
Gold Spot USD/Ounce / Jul 1	3,986.22
Cotton US¢/pound / Jul 1	77.40
Petrol/Litre / Jul 2	299.50
Diesel/Litre / Jul 2	311.47

Stock	Price
Blue-Ex Ltd / Jul 1 Blue-Ex Limited(BLUEX)	9.16 ▲ 1 (12.25%)
Asim Textile / Jul 1 Asim Textile Mills Limited(ASTM)	25.70 ▲ 2.34 (10.02%)
First Fid. Leasing / Jul 1 First Fidelity Leasing Modaraba(FFLM)	24.27 ▲ 2.21 (10.02%)
Hala Enterprise / Jul 1 Hala Enterprises Limited(HAEL)	29.22 ▲ 2.66 (10.02%)
Frontier Ceramics / Jul 1 Frontier Ceramics Limited(FRCL)	86.52 ▲ 7.87 (10.01%)
J.A.Textile / Jul 1 J.A. Textile Mills Limited(JATM)	44.62 ▲ 4.06 (10.01%)
Paramount Mod / Jul 1 First Paramount Modaraba(FPRM)	14.07 ▲ 1.28 (10.01%)
Fateh Ind. / Jul 1 Fateh Industries Limited(FIL)	242.24 ▲ 22.02 (10%)
P.T.C.L. / Jul 1 Pakistan Telecommunication Company Ltd(PTC)	72.07 ▲ 6.55 (10%)
S.G.Power / Jul 1 S.G. Power Limited(SGPL)	88.15 ▲ 8.01 (10%)

Stock	Price
First Tri-Star Mod. / Jul 1 First Tri-Star Modaraba(FTSM)	38.65 ▼ -4.25 (-9.91%)
Gulistan Sp. / Jul 1 Gulistan Spinning Mills Limited(GUSM)	11.11 ▼ -1 (-8.26%)
Haseeb Waqas / Jul 1 Haseeb Waqas Sugar Mills Limited(HWQS)	17.76 ▼ -1.36 (-7.11%)
Kohat Textile / Jul 1 Kohat Textile Mills Limited(KOHTM)	161.43 ▼ -11.04 (-6.4%)
Meezan PakistanXD / Jul 1 Meezan Pakistan ETF(MZNPETF)	18.43 ▼ -1.24 (-6.3%)
Zephyr Textile / Jul 1 Zephyr Textiles Limited(ZTL)	22.05 ▼ -1.42 (-6.05%)
Husein Industries / Jul 1 Husein Industries Limited(HUSI)	61.84 ▼ -3.5 (-5.36%)
Prosperity Weav / Jul 1 Prosperity Weaving Mills Limited(PRWM)	64.15 ▼ -3.56 (-5.26%)
Dewan Farooque Sp. / Jul 1 Dewan Farooque Spinning Mills Limited(DFSM)	24.69 ▼ -1.31 (-5.04%)
AN Textile Mills / Jul 1 AN Textile Mills Limited(ANTM)	37.46 ▼ -1.94 (-4.92%)

Stock	Volume
K-Electric Ltd. / Jul 1 K-Electric Limited(KEL)	82,666,150 ▼ -0.21
B.O.Punjab / Jul 1 The Bank of Punjab(BOP)	77,111,046 ▲ 1.22
P.T.C.L. / Jul 1 Pakistan Telecommunication Company Ltd(PTC)	28,752,273 ▲ 6.55
PIA Holding Co.Ltd / Jul 1 PIA Holding Company Limited(PIAHCLA)	27,698,338 ▲ 0.33
Pak Qatar Family / Jul 1 Pak Qatar Family Takaful Limited(PAKQATAR)	24,952,487 ▲ 1.98
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	23,251,243 ▲ 0.04
Hascol Petrol / Jul 1 Hascol Petroleum Limited(HASCOL)	23,061,705 ▼ -0.21
Askari Bank / Jul 1 Askari Bank Limited(AKBL)	22,929,384 ▲ 2.76
Pak Int.Bulk / Jul 1 Pakistan International Bulk Terminal(PIBTL)	20,096,607 ▼ -0.23
Maple Leaf Cement / Jul 1 Maple Leaf Cement Factory Limited(MLCF)	20,049,681 ▲ 0.52