News Archives for Latest - 2020-10-15

PDM's Gujranwala rally: Govt bars opposition from criticizing 'constitutional offices, armed forces and judiciary'

The permission was granted after a 30-point agreement was signed between PMD and Gujranwala administration.

Updated 16 Oct, 2020 11:24am

Sports

Misbah decides to step down as chief selector

LAHORE: Misbah-ul-Haq has decided to step down from the chief selector’s responsibilities to concentrate and focus...

Updated 16 Oct, 2020 03:28am

Commodities

CBOT wheat gains as weather woes worsen

The most-active CBOT December soft red winter wheat contract ended 21-1/2 cents higher at $6.18-1/4 a bushel, the highest since Dec. 29, 2014.
Argentina's 2020/21 wheat crop is estimated at 17 million tonnes, the Rosario grains exchange said on Thursday.

Updated 16 Oct, 2020 12:08am

Exchange

NA body recommends to review automobile sector tax regime

The committee met here with Sajid Hussain Turi in the chair and discussed the matters related to local automobile sector and tractors manufacturing in the country, said a press release.

Published 15 Oct, 2020 09:40pm

Pakistan

Ghani expresses his deep sorrow, grief over death of Rashid Rabbani

Rashid Hussain Rabbani was no less than an asset to the PPP, he said in the statement released here on Thursday.

Published 15 Oct, 2020 09:39pm

Pakistan

Interior Minister chairs NACTA board meeting

Utilisation of budget of the NCTA via Finance Division was approved by the board. They were also satisfied with the medical facilities for the employees under the described rules and regulations.

Updated 15 Oct, 2020 09:40pm

Exchange

Pakistan to welcome investment by American companies: Shibli

The government had all along been emphasizing continuity in following the standard operating procedures (SOPs) and necessary precautions to avoid spread of the pandemic.

Published 15 Oct, 2020 09:37pm

Pakistan

COAS lauds soldiers’ professional prowess during Bahawalpur Corps visit

He also witnessed snipers’ training of soldiers who demonstrated successfully shooting targets at long ranges as far as 1500 meters.

Published 15 Oct, 2020 09:35pm

Pakistan

India trying to sabotage peace in region: Sheikh Rashid

In an interview with a private television channel, he said that India was engaged in creating troubles for Pakistan.

Published 15 Oct, 2020 09:35pm

USA

New US jobless claims rise sharply to 898,000 last week

Separate data from regional Federal Reserve banks showed manufacturing continuing its recovery after shutdowns paralyzed production.

Published 15 Oct, 2020 09:33pm

Europe

Macron says fishing must not be 'sacrificed' to Brexit

Macron has taken the toughest line on fishing rights in the six months of discussions to forge a future relationship with the UK by the end of the year.

Published 15 Oct, 2020 09:32pm

Pakistan

Pakistan Democratic Movement aims to protect thieves: Haleem

Haleem said that around 800,000 cases of dog bite had been reported in Sindh last year, but the Anti-Rabies vaccine is not available in Sindh.

Published 15 Oct, 2020 09:29pm

USA

US stimulus deal 'hard' to accomplish before election: Mnuchin

President Donald Trump threw the stimulus negotiations into chaos last week when he ordered Mnuchin to halt the talks, but he quickly reversed course..

Published 15 Oct, 2020 09:27pm

Pakistan

PPP announces 3 days mourning over death of Rashid Rabbani

According to a party announcement here, public meeting of October 18 will be held in the memories of Shuhda-e-Karsaz and late Rashid Rabbani.

Published 15 Oct, 2020 09:26pm

Pakistan

PM stresses quality maintenance at Panagahs to serve people with dignity

He said by January 31, 2021, the PBM would establish five each shelter homes in Sindh and Balochistan, and eight each in Punjab and Khyber Pakhtunkhwa.

Published 15 Oct, 2020 09:25pm

Pakistan

PM emphasizes academia-industry linkage for research, youth skill training

The prime minister said that uplift of industrial sector would beget job opportunities and boost exports to enhance remittances, besides enabling the government to fund the welfare projects.

Published 15 Oct, 2020 09:24pm

Pakistan

CM condemns blast in North Waziristan area

The chief minister extended heartfelt sympathies to the bereaved family members of the martyrs and paid tributes to the sacrifice of Capt.

Published 15 Oct, 2020 09:23pm

Pakistan

CM Sindh extends Prof. Burfat's leave period

According to notification of Sindh Universities and Board Department, the Chief Minister has extended with immediate effect the leave period of the Vice Chancellor University of Sindh due to inquiry process.

Published 15 Oct, 2020 09:21pm

Pakistan

Forex figure $19.01505bn

SBP's weekly statement issued here on Thursday said that on Oct. 09, the foreign reserves holding with State Bank of Pakistan amounted $11,798.4 million.

Published 15 Oct, 2020 09:20pm

Pakistan

WB to provide US $1.15 billion for two KP power projects; PM witnesses signing of agreements

Prime Minister Imran Khan on Thursday witnessed the signing ceremony of two financing agreements worth US $ 1,150 million with the World Bank.

Published 15 Oct, 2020 09:18pm

Pakistan

No change in Petrol prices: Finance Ministry

The government on Thursday decided not to change the prices of the petroleum products for the month of October.

Published 15 Oct, 2020 09:16pm

Pakistan

FM strongly condemns landmine attack on security forces' convoy in North Waziristan

Describing the attack on security forces a coward act of the enemy, the Foreign Minister said that the anti-state elements did not like the peace and stability in Pakistan.

Published 15 Oct, 2020 09:15pm

Tourism boost vital to portray Pakistan’s soft image, generate revenue, jobs: PM

The prime minister said the government was focused on eco-tourism to ensure the environmental conservation while managing tourist spots.

Published 15 Oct, 2020 09:02pm

Exchange

UN chief calls for eradicating corruption during coronavirus pandemic

The UN will continue to prioritize transparency and accountability, in and beyond the COVID-19 response, the UN chief pledged.

Published 15 Oct, 2020 09:00pm

Pakistan

'SBP provided Rs. 2 billion to 14 units under TERF'

He appreciated different schemes launched by the government through SBP to help young entrepreneurs start their own businesses instead of running after jobs.

Updated 15 Oct, 2020 09:00pm

Pakistan

Dry weather forecast for city

On Thursday, maximum and minimum temperatures were recorded as 35.5 degree centigrade and 20.8 degree centigrade respectively.

Updated 15 Oct, 2020 08:41pm

Pakistan

Gold price decline Rs500

The gold prices in the in international market decreased by $4 and was traded at $1896 against $1900, the association reported.

Updated 15 Oct, 2020 08:41pm

Exchange

Rupee gains 62 paisas against dollar

In interbank trading, the price of euro depreciated by Rs. 1.20 and closed at Rs. 190.90 against the last day’s trading of Rs. 192.10, State Bank of Pakistan reported.

Updated 15 Oct, 2020 08:34pm

Exchange

NA committee stresses facilitation for agriculture promotion

He was presiding over a standing committee meeting at the Millat Tractor Limited (MTL) to discuss quality production of agricultural machinery, here on Thursday.

Updated 15 Oct, 2020 08:31pm

Pakistan

Sheikh Rasheed announces restoring trains, stops to previous position

He said that Pakistan Railways couldn't lower the ticket prices however, freight operations would be improved to overcome financial losses.

Updated 15 Oct, 2020 08:26pm

Pakistan

Tractor production increase 17.16% in July-September 2020-21

Similarly, the output of buses plunged to 125 units during the period under review from 157 units last year, showing decrease of 20.38 percent.

Updated 15 Oct, 2020 08:20pm

Pakistan

Coursera announces free access to students and teachers

New features allow universities to deliver academic integrity for credit-bearing online learning, improve student employability, and author private courses.

Published 15 Oct, 2020 08:17pm

Pakistan

12 security personnel martyred in two attacks in Ormara, NW

ISPR states that the blast occurred near Razmak in North Waziristan,

Updated 15 Oct, 2020 08:12pm

Pakistan

PM summons parliamentary parties meeting tomorrow

The meeting will get underway at 3:00 pm in the Parliament house.

Updated 15 Oct, 2020 08:05pm

Pakistan

Railways signal staff demand to limit duty up to 8 hours

They further said that their travelling allowance arrears were pending for consecutive over three years which was a big unjust to them and the entire staff as well.

Published 15 Oct, 2020 07:27pm

Pakistan

SBP mops up Rs57.4bn from market

The rate of return accepted is 6.92 percent per annum, said SBP release.

Published 15 Oct, 2020 07:22pm

Africa

Africa at 'pivotal moment' as virus cases rise: WHO

"We cannot allow this virus to erode the gains we have made over the last couple of months since the beginning of the pandemic."

Published 15 Oct, 2020 07:13pm

Pakistan

Healthy food necessary for immunity building: health minister

The minister said, “Our health largely depends on what we eat." She congratulated the organisers of the conference for holding such an important event.

Published 15 Oct, 2020 07:12pm

Currency

Islamic Certificates to Attract Overseas Pakistani Investments

Government has launched the Islamic Naya Pakistan Certificates to build its foreign exchange reserves in a Shariah-compliant way.

Published 15 Oct, 2020 07:01pm

Bullion Rate

Bullion rates in Hyderabad gold market

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

Published 15 Oct, 2020 07:07pm

Pakistan

NHA taking steps to keep road users well informed: Senate body apprised

NHA chairman told the committee members that motorists were being informed about the road situation through local/electronic and social media to make their journey comfortable and safe.

Published 15 Oct, 2020 07:05pm

Pakistan

FBR registers 112 companies for 123 housing, construction projects, PM told

The meeting was told that awareness seminars about the housing and construction projects have already been organized in Karachi, Lahore and Islamabad.

Published 15 Oct, 2020 07:03pm

Pakistan

Govt trying to stop adulterated food for keeping masses healthy: Dr Yasmin Rashid

Addressing a webinar organized by Muhammad Nawaz Sharif University of Agriculture (MNSUA) on Thursday, she informed that food nutrition was main part of manifesto of Prime Minister, Imran Khan.

Published 15 Oct, 2020 07:02pm

Pakistan

Opposition parties' alliance to fall apart soon: Buzdar

He regretted the opposition had no understanding of public issues and it was only united to protect their personal interests.

Published 15 Oct, 2020 06:59pm

Pakistan

Asad for enhancing business-to-business linkages with China

The minister chaired a consultative meeting to review the preparations for the upcoming 10th Joint Cooperation Committee (JCC) meeting on China Pakistan Economic Corridor.

Published 15 Oct, 2020 06:58pm

Pakistan

IHC seeks PTA's comments in Tiktok case

The petitioner's lawyer pleaded that the PTA had imposed ban on TikTok without following the codal formalities on October 9.

Published 15 Oct, 2020 06:56pm

Pakistan

Bullion prices on Thursday

Following were the bullion prices in Karachi on Thursday.

Published 15 Oct, 2020 06:55pm

Pakistan

PPP leader Rashid Rabbani dies of COVID-19: Family

He was on a ventilator for the past few days after suffering from severe symptoms of the virus.

Updated 15 Oct, 2020 06:55pm

Pakistan

NAB chairman listens over 2,500 complaints personally

He also directed the regional bureaus heads to listen public grievances personally every month and resolve their issues.

Published 15 Oct, 2020 06:53pm

Exchange

PTI govt taking steps to revive economy, facilitating businessmen: Abdul Hafeez Shaikh

He expressed these views during a meeting with Lahore Chamber of Commerce and Industry (LCCI) office-bearers and other businessmen at Governor's House here.

Published 15 Oct, 2020 06:46pm

Africa

Nigerian inflation rises to 13.71pc in September

Inflation rose to 13.71pc last month, compared with 13.22pc in August, the National Bureau of Statistics said in a report on Thursday.

Published 15 Oct, 2020 06:45pm

Europe

EU to continue talks with Britain on trade deal in ‘coming weeks’

"The European Council invites the Union?s chief negotiator to continue negotiations in the coming weeks, and calls on the UK to make the necessary moves to make an agreement possible,"

Published 15 Oct, 2020 06:43pm

Forex

South African rand leads EMEA losses ahead of economic rescue plan

The rand fell about 0.7%, among the biggest percentage losers in EMEA after data on Wednesday showed South African retail sales fell in August.

Published 15 Oct, 2020 06:41pm

Stocks

Major Gulf markets dip as financials decline

Saudi Arabia's benchmark index slipped 0.3pc, with National Commercial Bank losing 1pc and Samba Financial Group shedding 1.2pc.

Published 15 Oct, 2020 06:40pm

Forex

Kenya's shilling edges down due to demand from importers

At 0801 GMT, commercial banks quoted the shilling at 108.60/80 against the dollar, compared with Wednesday's close of 108.55/75.

Published 15 Oct, 2020 06:38pm

Stocks

London stocks slump on lockdown worries, Brexit uncertainty

The FTSE 100 index tumbled 2.1% and was set for its biggest intraday percentage decline since late September, with aero, travel and leisure, energy and insurance stocks leading declines.

Published 15 Oct, 2020 06:35pm

Forex

Aussie dollar at one-week low; risk-off mood supports US dollar

The Aussie dollar fell nearly 1% to a one-week low of 0.7096 per US dollar.

Published 15 Oct, 2020 06:32pm

Commodities

South Korea's KOCOPIA buys about 60,000 tonnes corn

The corn was purchased at an estimated $251.82 a tonne c&f including a surcharge for additional port unloading, they said.

Published 15 Oct, 2020 06:31pm

Stocks

Tech slump drags Hong Kong shares down as Sino-US tensions rise

China said on Thursday that the United States was abusing the concept of national security to oppress foreign companies following the blacklisting report.

Published 15 Oct, 2020 06:28pm

Europe

London to move to stricter COVID-19 lockdown shortly, mayor says

"It is my expectation that the governemnt will today announce that London will shortly be moving into tier 2 or the high alert level of restrictions," Khan said.

Published 15 Oct, 2020 06:25pm

Business & Finance

Abu Dhabi Pension Fund, ADQ to invest $2.1bn in ADNOC gas assets

ADQ, which was established in 2018, owns assets such as Abu Dhabi Ports, Abu Dhabi Airport and bourse operator ADX.

Published 15 Oct, 2020 06:22pm

Energy

Oil slips as new lockdown measures threaten demand recovery

Brent crude futures dropped 70 cents, or 1.6% to $42.62 a barrel at 0905 GMT, while US West Texas Intermediate (WTI) crude futures were down 69 cents, or 1.7%, to $40.35.

Published 15 Oct, 2020 06:21pm

Europe

Poland likely to announce new curbs as daily COVID cases rise to record high

While health authorities say there are enough hospital beds and respirators for now to tackle the infection, doctors warn that the system may become overloaded.

Published 15 Oct, 2020 06:19pm

Energy

UK GAS-Prices rise on low wind power output, undersupplied system

National Grid said outages at some power generators combined with low wind power output spurred the weaker electricity supply margins.

Published 15 Oct, 2020 06:17pm

Europe

Slovakia records biggest one-day tally of COVID-19 cases

Slovakia, which reported relatively few cases in the first wave of the pandemic compared to western neighbours, has seen a spike in new infections the past month, similar to much of the rest of Europe.

Published 15 Oct, 2020 06:15pm

Commodities

Copper eases on worries about rising virus cases and global growth

Global stocks and oil prices also fell as governments across Europe tightened restrictions to battle accelerating virus infections.

Published 15 Oct, 2020 06:13pm

Money & Banking

Hungary central bank keeps one-week deposit rate unchanged at 0.75%

Hungarian inflation slowed across the board in September, easing some concerns about inflation.

Published 15 Oct, 2020 06:12pm

Forex

Ugandan shilling trades stable and demand slows on tax payments

At 0944GMT commercial banks quoted the shilling at 3,705/3,715, same as Wednesday's close.

Published 15 Oct, 2020 06:10pm

Pakistan

Governor rules out any progress on Islands without Sindh govt

"We will not go ahead until we are on the same page as the Sindh government,” says Imran Ismail.

Published 15 Oct, 2020 06:08pm

Europe

UK PM and chief negotiator to discuss whether talks with EU should continue or not

"David Frost set to talk to Boris Johnson today about whether talks should continue or there's no point and we should move to planning for no trade deal," said Coates on twitter.

Published 15 Oct, 2020 06:09pm

World

Worldwide coronavirus cases cross 38.57 million, death toll at 1,092,173

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

Published 15 Oct, 2020 06:08pm

Europe

COVID contacts reached by England's Test and Trace scheme falls again

The weekly statistics showed a 64% increase in cases between Oct 1 and Oct 7, and also an increase in positive results among people tested.

Published 15 Oct, 2020 06:07pm

World

Amid COVID surge, WHO urges Europe to step up controls now to save lives

More than 38 million people globally have been reported as infected with COVID-19, and 1.1 million have died.

Published 15 Oct, 2020 05:57pm

Commodities

SOFTS-Arabica coffee prices slip as rains aid Brazil crop

Dealers noted forecast rains in Brazil should improve the outlook for crops in the world's top producer although dry conditions remain a concern.

Published 15 Oct, 2020 05:54pm

Asia

Malaysia reports 589 new coronavirus cases, 3 deaths

The Southeast Asian country, which has imposed targeted lockdowns this month to rein in a new surge in infections, also recorded three deaths, bringing total fatalities to 170.

Published 15 Oct, 2020 05:50pm

Commodities

South Korea's NOFI buys about 13,000 tonnes feed barley

It was bought in one consignment at an estimated $248.15 a tonne c&f, they said. Seller was believed to be trading house Bunge.

Published 15 Oct, 2020 05:49pm

Europe

EU sanctions Russian officials over Navalny poisoning

Pushed by France and Germany, where Navalny was treated after collapsing on a flight from Siberia, the EU targeted six Russians and a state scientific research centre.

Published 15 Oct, 2020 05:46pm

Stocks

Indian shares end lower as investors book profits in bank, IT stocks

The NSE Nifty 50 index closed down 2.4pc at 11,680.35, while the S&P BSE Sensex closed 2.6pc lower at 39,728.41.

Published 15 Oct, 2020 05:43pm

Commodities

Palm falls over 2pc on lower Oct exports, weaker crude

Oil prices fell as the new restrictions in the bloc increased uncertainty over the outlook for economic growth and a recovery in fuel demand.

Published 15 Oct, 2020 05:41pm

Europe

UK raises COVID alert level in London, imposes stricter measures

The capital will be moved into the "tier 2" or "high risk" level in the government's new three-tiered alert system, up from "tier 1" or "medium risk".

Published 15 Oct, 2020 05:39pm

Industry

Roche diagnostics business surges as COVID-19 infections rise

The United States, Germany and Britain are among countries ordering millions of these tests as they face a second COVID-19 wave.

Updated 15 Oct, 2020 05:39pm

Europe

France and Germany tell Turkey to stop provocations

Turkey withdrew the vessel last month, just before the EU summit, at which economic sanctions were discussed, only to redeploy it on Monday.

Published 15 Oct, 2020 05:05pm

Pakistan

Zainab Alert app launched to report missing children

The app has been named after a six-year old girl called Zainab, who was raped and murdered in Kasur back in 2018

Published 15 Oct, 2020 04:53pm

Europe

Ireland's PM says EU can still get Brexit trade deal

"I think we still can get this resolved within the timeframe available to us," he told reporters ahead of a European Union summit in Brussels. "I think where there is a will there's a way."

Published 15 Oct, 2020 05:00pm

Financial

German bond yields at seven-month lows as COVID-19 cases surge

Yields on perceived safe-haven German government bonds for 10-year maturities fell more than 5 bps to -0.627pc, the lowest since mid-March. Yields have fallen nearly 10 bps this week.

Published 15 Oct, 2020 04:58pm

Forex

Sterling falls as EU leaders press for elusive Brexit trade deal

Although volatility has risen, sterling has not seen the plunges in value that it suffered in 2018 and 2019 before previous Brexit deal deadlines.

Published 15 Oct, 2020 04:56pm

Commodities

Strategie Grains lifts 2020/21 EU wheat exports, cuts maize crop

In a monthly report, it forecast 2020/2121 exports outside the EU and Britain at 25.0 million tonnes, up from 23.0 million seen in September.

Published 15 Oct, 2020 04:54pm

Stocks

Europe tumbles 2pc on COVID curbs and Brexit impasse

Wall Street was also set to add to losses from previous sessions as policymakers in the United States fail to agree on an economic stimulus package ahead of presidential elections next month.

Published 15 Oct, 2020 04:51pm

Energy

OPEC+ will ensure oil prices do not plunge again, says OPEC chief

A technical OPEC+ committee meeting is taking place on Thursday to discuss compliance with oil cuts and market fundamentals.

Published 15 Oct, 2020 04:49pm

Business & Finance

Walgreens forecasts 2021 profit growth after Q4 earnings beat

The company said it expects strong adjusted profit growth in the second half of 2021, as impact of the COVID-19 pandemic subsides, and supported by its recovery plans.

Published 15 Oct, 2020 04:45pm

Commodities

Jordan issues new tender to buy 120,000 tonnes of wheat

Shipment is sought in a series of possible combinations in 60,000 tonne consignments.

Published 15 Oct, 2020 04:43pm

Business & Finance

Morgan Stanley Q3 profit jumps 26pc on trading boost

Net income applicable to common shareholders rose to $2.60 billion in the quarter ended Sept. 30, from $2.06 billion a year ago.

Published 15 Oct, 2020 04:40pm

Pakistan

Former ISI chief Zaheerul Islam refutes claim of demanding Nawaz's resignation during PTI sit-in

Zaheerul Islam's comments comes days after Nawaz Sharif claimed that the former ISI chief conveyed a message in the middle of the night, asking for his resignation and also threatened to impose martial law

Updated 15 Oct, 2020 04:09pm

Business & Finance

All Pakistan Anjuman-e-Tajiran announce support to opposition movements

Secretary-general of the All Pakistan Anjuman-e-Tajiran, said that the rise in inflation was due to the negligence and poor planning of the government and the mafias were pushing the government.

Published 15 Oct, 2020 03:06pm

Pakistan

Diners will not be allowed in DHA cafes after 11pm

Cantonment Board Clifton has issued a new code of conduct to curb illegal activities and drug dealing.

Published 15 Oct, 2020 03:08pm

Pakistan

Abbasi accuses govt of using force to stop PDM from holding rally in Gujranwala

Former PM says the National Assembly Speaker "deliberately" called the session of the parliament tomorrow as part of tactics to fail opposition's rally

Updated 15 Oct, 2020 03:01pm

Business & Finance

Dubai launches new program to attract remote workers

Residence for foreigners in Dubai has thus far been mainly linked to employment in the region, with workers sponsoring families.

Published 15 Oct, 2020 02:33pm

World

Kyrgyz President Jeenbekov resigns, amidst mounting post-election crisis

In the midst of mass protests across the country against the official results of the parliamentary elections, Kyrgyz President Sooronbai Jeenbekov has tendered his resignation earlier this Thursday.

Updated 15 Oct, 2020 02:25pm

Business & Finance

Govt making concerted efforts to revive economy: Sheikh

He said that despite limited resources and the COVID-19 pandemic, the government has tried to provide maximum relief to the common man.

Published 15 Oct, 2020 02:06pm

World

Young, healthy people may have to wait until 2022 for COVID-19 vaccine, says WHO

According to the World Health Organization’s chief scientist Soumya Swaminathan, healthy young people may have to wait as long as 2022 to be vaccinated against the coronavirus, stating that key health workers, and those in the “high-risk” category will be prioritised.

Published 15 Oct, 2020 01:24pm

Pakistan

Pakistan summons Indian diplomat to protest recent ceasefire violations across LoC

India has committed 2530 ceasefire violations to date, FO said.

Published 15 Oct, 2020 01:26pm

Pakistan

President honours naval chief with Nishan-e-Imtiaz

The medal is the highest honour given to any military officer in Pakistan, based on their achievements towards the country

Published 15 Oct, 2020 01:13pm

Exchange

Pak Suzuki Jacks Up Prices Yet Again

Suzuki Wagon R VXR price increases by Rs.42,000 and prices for Alto (VXR and AGS), Wagon R VXL and Swift (MT and AT) rise by Rs. 35,0000.

Published 15 Oct, 2020 01:07pm

Life & Style

TV's serial killer drama 'Dexter' gets a revival

Michael C. Hall will once again play blood spatter specialist Dexter Morgan who works with the Miami police department and moonlights as a vigilante killer.

Published 15 Oct, 2020 01:01pm

Exchange

Pak Africa Trade & Expo Centre setup in Johannesburg to boost Pakistan economy

After the launch of this trade center, Pakistan's foreign exchange reserves would add several billion dollars in exports, says Memon.

Published 15 Oct, 2020 12:55pm

Pakistan

Court grants pre-arrest bail to Safdar in assets case

On Thursday, Nawaz sharif's son-in-law approached the high court and said he fears NAB will arrest him in the case

Published 15 Oct, 2020 12:28pm

Pakistan

NAB issues arrest warrants for Asif Ali Zardari in fake accounts case

NAB chairman Justice (retd) Javed Iqbal has signed the arrest warrants.

Updated 15 Oct, 2020 12:35pm

Business & Finance

FATF greylist: Watchdog to decide Pakistan fate in meeting from Oct 21 to 23

Pakistan has tightened the laws on money laundering and financing of terrorism. Pakistan has largely complied with the demands of the FATF.

Updated 15 Oct, 2020 12:24pm

Exchange

PTCL appoints Mathew Wilsher as CEO

Mathew Wilsher has been appointed as Chief Executive with effect from 2020-12-01 (1st December) in place of Rashid Naseer Khan

Updated 15 Oct, 2020 12:12pm

World

'Long COVID' may affect multiple parts of body and mind, say doctors

Study states one common theme among ongoing COVID patients is that symptoms appear in one physiological area, such as the heart or lungs, only to abate and then arise again in a different area

Published 15 Oct, 2020 12:01pm

World

Intra-Afghan talks progressing "in a good manner", says Afghan Taliban spokesperson

In a statement on Thursday, Dr. Muhammad Naeem, Chief Spokesperson for the Political Office of the Islamic Emirate of Afghanistan, revealed that in a recent round of talks between the Taliban and the Afghan government, both parties suggested that “the process [should] be pushed forward in a good manner”.

Updated 15 Oct, 2020 11:39am

Pakistan

'Time for all of us to take Covid SOPs seriously again': Asad Umar warns as Country's COVID-19 positivity rate reaches highest since August

He said coronavirus positivity is extremely high in Muzaffarabad and remains high in Karachi.

Updated 15 Oct, 2020 11:39am

Pakistan

IHC issues notices to PTA, federal govt over ban on Tik Tok

Petitioner's counsel says PTA violated two court decisions by banning Tik Tok

Published 15 Oct, 2020 11:03am

Pakistan

Govt allows PDM to hold rally in Gujranwala's Jinnah Stadium tomorrow

The opposition parties were granted permission following successful negotiations with the local administration

Published 15 Oct, 2020 10:42am

Exchange

U.S. State Department issues sanctions warning to banks over Hong Kong crackdown

In a report to Congress, the State Department named 10 people, including Hong Kong’s chief executive Carrie Lam, all of whom have already been sanctioned, and said within 60 days it would identify financial institutions that conduct significant transactions with them.

Published 15 Oct, 2020 10:46am

Government to award 'Shaan-e-Pakistan' to corona heroes

Governor Punjab Chaudhry Mohammad Sarwar said that a ‘Corona Heroes Wall’ has also been prepared to acknowledge the services of these heroes at governor house on which names of all corona heroes would be inscribed.

Published 15 Oct, 2020 10:33am

Business & Finance

IMF's Georgieva says private creditors, China need to fully participate in debt relief

Georgieva told a news conference that private creditor participation in a debt service suspension program for poor countries has been largely non-existent, with only three of 44 countries signed up for the program reaching out to private creditors.

Published 15 Oct, 2020 10:42am

Business & Finance

Oil prices hold gains after U.S. crude inventory draw

U.S. West Texas Intermediate (WTI) crude futures climbed 8 cents, or 0.2%, to $41.12 a barrel at 0430 GMT, while Brent crude futures rose 7 cents, or 0.2% to $43.39 a barrel.

Published 15 Oct, 2020 10:39am

India's aggression being fed by those powers who have strategic objectives in Asia: Akram

Envoy says since PM Modi’s BJP-RSS Hindu extremist government came into power in 2014, India constantly refused to engage in any dialogue with Pakistan on resolution of disputes and avoidance of war

Updated 15 Oct, 2020 10:38am

Currency

Sardar Chemical Industries Limited

Sardar Chemicals Industries Limited (PSX: SARC) was established as a private company in 1989, but did not commence...

Published 15 Oct, 2020 07:30pm

BR Research

Oil refuses to rise

Having earlier flirted with high $40s/bbl, crude oil has come back to where experts now believe it belongs for a ...

Published 15 Oct, 2020 07:54am

BR Research

Vegetable price volatility: look east to find answers

Every economy has its own mythical robber barons; entrepreneurs who made their fortune by bending rules in myriad of...

Published 15 Oct, 2020 07:53am

BR Research

PTCL: subsidiaries deliver

Another quarter, even better bottomline. As per latest results sent to the bourse for the quarter ended September ...

Published 15 Oct, 2020 07:52am

BR Research

Hello to the other side

That Pakistan has left Covid-19 behind is simply untrue; it hasn’t, but that the country has surpassed all...

Published 15 Oct, 2020 07:51am

Exchange

Export culture is just a mirage

Business community is considered a very strong and potent force anywhere in the world. The opinions, views, and...

Updated 15 Oct, 2020 04:46am

Opinion

WACOG: A solution? — II

All parties have their own arguments. Other free riders are emerging in the form of market supporters. They argue...

Updated 15 Oct, 2020 04:46am

World

New crew reaches ISS in record time

ALMATY, (Kazakhstan): A three-person crew successfully reached the International Space Station on Wednesday aboard a...

Updated 15 Oct, 2020 04:17am

Business & Finance

e-Pay Punjab collects over Rs10bn in a year

LAHORE: e-Pay Punjab, the first-ever government payment aggregator for citizen facilitation and improving ease of...

Updated 15 Oct, 2020 03:47am

Business & Finance

Jan-Sept: PTCL Group’s revenue declines by 2.04pc YoY

ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) Group’s revenue for the first nine months...

Updated 15 Oct, 2020 03:46am

Pakistan

Pakistan’s re-election to UNHRC a vital diplomatic achievement: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Wednesday described Pakistan’s re-election to the UN Human...