News Archives for Latest - 2020-10-19

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Archive - 2020-10-19

Markets

Shenzhen gets more autonomy for market reform, integration

SHANGHAI: China on Sunday detailed steps to grant more autonomy to Shenzhen, letting the southern financial and...

Updated 24 Oct, 2020 03:11am

Pakistan

Pakistan hailed as a success in handling COVID-19, according to a report

In a study by Spark Labs, it has been shown that Pakistan is an excellent example of effective measures being used to contain the spread of the pandemic.

Updated 20 Oct, 2020 12:23pm

Energy

Oil dips after OPEC+ meeting as Libyan supply boost weighs

OPEC+ monitoring panel recommends to stick to oil deal -Novak.
Libya's Abu Attifel oilfield expected to restart from Oct. 24.
Pelosi 'optimistic' on coronavirus relief deal before election.

Updated 20 Oct, 2020 12:11am

Pakistan

PM Imran fears second spike in COVID-19 during winter

"Pakistan not only saved its people, but we also saved the economy," he said.

Updated 19 Oct, 2020 08:02pm

Pakistan

CRBC project vital for self-sufficiency in agri production: CM

He directed the authorities concerned to submit report on all the feasible options for the financing of this mega project including making it the part of CPEC projects.

Published 19 Oct, 2020 07:50pm

Pakistan

CM orders for establishment of subsidized Sahulat Bazaars

In this regard, the CM stated that subsidized Sahulat Bazaars would provide relief to the masses and reiterated that protection of consumers’ rights would be ensured.

Published 19 Oct, 2020 07:47pm

Pakistan

PTI to win Senate election with majority: Sheikh Rasheed

The Minister said that the opposition parties wanted to create problems for the government to protect their vested interest.

Published 19 Oct, 2020 07:44pm

Pakistan

Gold price increases Rs350 to Rs116,000

Likewise, the price of 10 grams gold also increased by Rs. 300 and was sold at Rs. 99,451 as compared to it's sale at Rs. 99,151, Karachi Sarafa Association reported.

Published 19 Oct, 2020 07:42pm

Pakistan

Bullion prices on Monday

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

Published 19 Oct, 2020 07:40pm

Industry

New British Airways CEO urges end to UK quarantine

"If we look abroad to our near neighbours, we see that business travel and indeed tourism is being prioritised by some countries," Doyle added.

Published 19 Oct, 2020 07:39pm

Pakistan

Power sector to save Rs147bn in 3 years after streamlining LNG consumption matters: Omar

Omar Ayub said the power sector was the biggest medium of transferring subsidies to consumers but there was a harsh reality that 50 percent circular debt amount was due to the unbudgeted subsidies.

Published 19 Oct, 2020 07:36pm

Exchange

Razak reaffirms for increasing trade, economic relations with Afghanistan

The Committee was informed that Afghanistan Pakistan Transit Trade Coordination Authority (APTTCA) was established to monitor the effective implementation of the agreement.

Published 19 Oct, 2020 07:24pm

Pakistan

Dr Yasmin reviews progress on revamping of health facilities

The minister said that revamping would be completed in all the BHUs of Punjab, adding that in the next phase 2,282 BHUs would also be revamped.

Published 19 Oct, 2020 07:21pm

Pakistan

Cars sale up 2.74pc in 1st quarter of FY 2020-21

The sale of Toyota Corolla went down from 5,503 units to 3,614 units, showing decreased of 34.32 percent, the data revealed.

Published 19 Oct, 2020 07:16pm

Exchange

Rupee advances to Rs162.37 against dollar

In interbank trading, the price of euro appreciated by 22 paisas and closed at Rs. 190.46 against the last day’s trading of Rs. 190.24, State Bank of Pakistan reported.

Updated 19 Oct, 2020 07:36pm

Pakistan

Inclusive mechanism being devised for newspapers ads: Shibli

Shibli Faraz said there were a small of newspapers with only channel of Pakistan Television in 60's and 70's, which were providing information to the people.

Published 19 Oct, 2020 07:29pm

Pakistan

Razak hails progress in regulatory reforms through PRMI

The adviser said this while chairing the 4th meeting of the Steering Committee on Pakistan Regulatory Modernization Initiative (PRMI), in the Board of Investment (BOI).

Published 19 Oct, 2020 07:27pm

Pakistan

Govt not to give NRO to national wealth looters: Faisal

Speaking in upper house of the parliament, he said the opposition parties were trying to pressurize the government for getting NRO by holding public gatherings.

Published 19 Oct, 2020 07:26pm

Pakistan

Shibli highlights Info Dept's key role in countering misinformation

Shibli Faraz appreciated the Information and Public Relations Department for having a consolidated information system.

Published 19 Oct, 2020 07:18pm

Pakistan

ECC forms committee to decide wheat support price

The ECC also decided that the provinces should increase wheat releases to stabilize/reduce the price of flour in the market.

Published 19 Oct, 2020 07:15pm

Pakistan

Pakistan sincerely playing facilitatory role in Afghan peace process: FM

He mentioned that Prime Minister Imran Khan had clearly stated that political instead of a military solution was the only way forward towards sustainable peace of Afghanistan.

Published 19 Oct, 2020 06:57pm

Pakistan

PTA conditionally restores TikTok services

However, TikTok could not satisfy for taking concrete steps for blocking and removal of unlawful content, said the PTA authority in a news release here on Monday.

Published 19 Oct, 2020 06:59pm

Pakistan

WHO hands over relief items to NDMA

The WHO has also provided 1,000 testing kits and medicines for flash flood hit area people.

Published 19 Oct, 2020 07:01pm

Pakistan

Arrest of Safdar reflect respect for law: Ch Fawad

He said chanting of slogans and frivolous behavior at Quaid's mausoleum are against the law and punishable.

Published 19 Oct, 2020 07:07pm

Pakistan

Gold imports decline 73% in Q1

In terms of quantity, the gold imports shrunk by 82.30 percent by falling from 113 kilograms last year to 20 kilograms during the period under review.

Published 19 Oct, 2020 07:10pm

Pakistan

Switzerland Ambassador calls on COAS General Bajwa

The ambassador lauded the mutual relations between the two countries and hoped for further improvement in it in the future.

Published 19 Oct, 2020 07:10pm

Bullion Rate

Bullion rates in Hyderabad gold market

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

Published 19 Oct, 2020 07:05pm

World

Coronavirus toll at 1100 GMT Monday

At least 40,064,580 cases of coronavirus have been registered, of whom at least 27,549,400 are now considered recovered.

Published 19 Oct, 2020 07:03pm

Stocks

Major Gulf stocks track global rally on hopes of virus vaccine by year end

Dubai's index was up 0.5pc as the blue-chip developer Emaar Properties rose 1.2pc and Emirates NBD Bank gained 0.5pc.

Updated 19 Oct, 2020 06:56pm

South Asia

Philippines reports 2,638 more coronavirus cases, 26 deaths

The Southeast Asian country's total confirmed cases had climbed to 359,169, while its death toll had risen to 6,675, the health ministry said in a bulletin.

Updated 19 Oct, 2020 06:56pm

Commodities

LME copper may revisit its Oct. 2 low of $6,269 this week

The drop from the Sept. 21 high of $6.877.50 may consist of three waves.

Updated 19 Oct, 2020 06:56pm

Financial

Euro zone yields hover near 7-month lows as ECB speakers line up

Italian yields, for example, are up 2.5 bps on the day at 0.68%, but only after falling 6 bps last week, hitting a new record low in the process.

Updated 19 Oct, 2020 06:56pm

Europe

Russia's new coronavirus cases hit new record high of 15,982

Authorities reported 179 deaths in the last 24 hours, bringing the official death toll to 24,366.

Updated 19 Oct, 2020 06:56pm

Pakistan

Opposition is fighting its last battle: Afridi

“The manner in which the opposition parties conducting a political circus for last three days by using Kashmir dispute for personal gains is is unfortunate, sad and worrying,” he said.

Updated 19 Oct, 2020 06:55pm

Pakistan

Dry weather forecast for city

On Monday, maximum and minimum temperatures were recorded as 35.4 degree centigrade and 17.5 degree centigrade respectively.

Published 19 Oct, 2020 06:23pm

Pakistan

COVID-19 claims two more lives, infects 286 others in Sindh: CM

He added that two more patients of COVID19 died overnight lifting the death toll to 2583 that constituted 1.8 percent death rate.

Updated 19 Oct, 2020 06:23pm

Business & Finance

Pakistan's Digital Travel Platform Raises $600,000 in Series A Funding

Despite the COVID-19 hardship, FindMyAdventure, a Pakistan-based travel Startup, raised $600,000 in pre-Series A Round to boost its digital travel and experience platform.

Updated 19 Oct, 2020 06:04pm

Pakistan

Iran kicks out India from a major gas field project

The giant gas field was discovered in 2008 in the Farsi offshore exploration block by ONGC Videsh Ltd (OVL), an investment firm owned by India

Published 19 Oct, 2020 05:59pm

Stocks

Japan shares end higher on fresh US stimulus hopes

The benchmark Nikkei share average rose 1.11pc to close at 23,671.13, while the broader Topix gained 1.25pc to 1,637.98.

Published 19 Oct, 2020 05:57pm

Business & Finance

Transforming Healthtech in Pakistan: MedznMore Raised $2.6 million in Seed

MedznMore, a healthtech startup based in Pakistan, has raised $2.6 million as part of one of the largest seed rounds in Pakistan with hopes to transform the health sector in the country.

Published 19 Oct, 2020 05:51pm

Pakistan

Captain Safdar granted bail, Maryam announces

Maryam also said not once did she think PPP was behind Safdar's arrest.

Updated 19 Oct, 2020 05:55pm

Forex

South Africa's rand firms on improved risk appetite

At 0630 GMT, the rand traded at 16.5125 versus the dollar, 0.23pc firmer than its close on Friday.

Published 19 Oct, 2020 05:53pm

Energy

Oil prices slip after China economic data; focus on OPEC+ supply

Brent rose 0.2pc last week while WTI gained 0.7pc, after crude and oil product inventories in the United States, the world's top oil consumer, fell.

Published 19 Oct, 2020 05:44pm

Technology

PTA unbans TikTok in Pakistan, after app decides to pull out investment

“TikTok is being unlocked after assurance from management that they will block all accounts repeatedly involved in spreading obscenity and immorality,” said PTA.

Updated 19 Oct, 2020 05:33pm

Commodities

CBOT wheat may rise to $6.47

The resistance is identified as the 186.4pc projection level of the wave C from $4.97.

Published 19 Oct, 2020 05:10pm

Stocks

South Korean shares climb on US stimulus talks, drop in local virus cases

South Korea reported 76 new coronavirus cases as of Sunday midnight, extending declines after logging triple-digit increases last week.

Published 19 Oct, 2020 05:07pm

Forex

Rouble holds steady as oil prices edge up, but COVID risks heighten

At 0722 GMT, the rouble was 0.1pc stronger against the dollar at 77.85 and had also gained 0.1pc to 91.17 versus the euro.

Published 19 Oct, 2020 05:05pm

Stocks

China stocks end lower after GDP data disappoints

The blue-chip CSI300 index fell 0.8pc, to 4,755.49, while the Shanghai Composite Index lost 0.7pc to 3,312.67.

Published 19 Oct, 2020 05:04pm

Currency

Asian trade-related currencies strengthen after China data

The Chinese currency was last flat at 6.6935 against the US dollar in the offshore market, close to 6.6785 which it reached on Oct. 9, its strongest since April 2019.

Published 19 Oct, 2020 05:01pm

Pakistan

Sindh Police tweets again on Safdar's arrest

Earlier, the tweet was deleted a few minutes after it was posted by Sindh Police

Updated 19 Oct, 2020 05:02pm

Commodities

LME aluminium may peak in $1,880-$1,898 zone

A projection analysis suggests an ultimate target of $1,898, the 186.4pc projection level of the uptrend from $1,562.

Published 19 Oct, 2020 04:45pm

World

India’s COVID-19 cases tally may hit 2.6mn a month if rules relaxed: Experts

India National Supermodel Committee for COVID-19 said that the country has crossed coronavirus cases peak and forecasted that the spread of the dieses can be bought under control by early next year, if rules in place are followed strictly.

Updated 19 Oct, 2020 04:45pm

Forex

Kenyan shilling edges down due to demand from importers

At 0800 GMT, commercial banks quoted the shilling at 108.70/90 against the dollar, compared with Friday's close of 108.65/85.

Published 19 Oct, 2020 04:43pm

Stocks

London stocks track Asia gains ahead of Brexit talks

The mid-cap FTSE 250 added 0.3%, with shares in flexible office space provider IWG Plc jumping 7.6% after Berenberg upgraded the stock to "buy".

Published 19 Oct, 2020 04:41pm

Stocks

Hong Kong stocks end higher, subdued China GDP curbs gains

China's GDP grew 4.9pc in July-September from a year earlier, official data showed, slower than the median 5.2pc forecast by analysts in a Reuters poll.

Published 19 Oct, 2020 04:39pm

Energy

UK GAS-Prices rise on cooler weather, volatile wind

However, temperatures are forecast to fall again from next week and wind power will be up and down, supporting prices on the curve, he added.

Published 19 Oct, 2020 04:36pm

Africa

Ethiopia's economy grew 6.1pc in 2019/20 fiscal year: PM

Ethiopia has 89,137 confirmed COVID-19 cases, with 1,352 deaths and 42,649 recoveries, according to its health ministry data.

Published 19 Oct, 2020 04:33pm

Forex

Ugandan shilling unchanged as importer dollar demand slumps

At 0913 GMT, commercial banks quoted the shilling at 3,720/3,730, same level as Friday's close.

Published 19 Oct, 2020 04:32pm

Forex

Pound climbs above $1.30 as traders bet on Brexit breakthrough

Britain said the door was still open if the European Union wanted to make some small concessions, but that unless the bloc budged there would be a no-deal exit in 10 weeks.

Published 19 Oct, 2020 04:29pm

Asia

Malaysia reports 865 new coronavirus cases with 3 new deaths

The Southeast Asian country, which imposed targeted lockdowns this month as infections surged, also recorded three new deaths, bringing its total number of fatalities to 190.

Published 19 Oct, 2020 04:28pm

Stocks

Tokyo Stock Exchange to draw up new rules to deal with trading halts

The exchange previously said the glitch was the result of a hardware problem and a subsequent failure to switch to a back-up.

Published 19 Oct, 2020 04:26pm

Stocks

Upbeat earnings lift European stocks, glitch hits trading in some markets

As daily cases in Italy hit a new record over the weekend, Prime Minister Giuseppe Conte gave mayors the power to shut public squares from 9 p.m. to halt gatherings.

Published 19 Oct, 2020 04:23pm

Money & Banking

ECB's De Guindos says mergers can improve banks' profitability

Banks are under pressure in Spain and other European countries to consolidate while facing rising bad loans amid the coronavirus pandemic and low interest rates.

Published 19 Oct, 2020 04:20pm

Commodities

SOFTS-Raw sugar rises on India uncertainty, cocoa climbs

The market was supported by the lack of an announcement from India on export subsidies for the 2020/21 season.

Published 19 Oct, 2020 04:17pm

Europe

EU will work to last minute get a Brexit trade deal, Sefcovic says

"It has to be a fair agreement for both sides - we are not going to sign an agreement at any cost," Sefcovic told reporters after a meeting with Britain's Brexit supremo Michael Gove in London.

Published 19 Oct, 2020 04:16pm

Commodities

South Korea's NOFI bought 60,000 tonnes feed wheat in private deal

Price was estimated at $265.69 a tonne c&f plus a $1.25 a tonne surcharge for additional port unloading.

Published 19 Oct, 2020 04:14pm

Business & Finance

Automakers Hyundai, Kia warn of $2.9bn hit to earnings over quality woes

Hyundai was being investigated by US prosecutors over whether vehicle recalls were conducted properly, Reuters reported in 2018.

Published 19 Oct, 2020 04:11pm

Europe

UK shopper numbers fall again as COVID-19 restrictions tighten

It was down 2.8pc on high streets, down 3pc in retail parks and down 3.5pc in shopping centres.

Published 19 Oct, 2020 04:09pm

Europe

Slovenia declares 30-day state of emergency over rise in coronavirus cases

Hojs said that all public and religious events would be banned and the number of people allowed to gather reduced to six from 10.

Published 19 Oct, 2020 04:07pm

Energy

Oil falls on demand concerns and new European lockdowns

US West Texas Intermediate crude for November was down 28 cents, or 0.7pc, at $40.60. The contract will expire on Tuesday.

Published 19 Oct, 2020 04:04pm

Business & Finance

Novartis acquires manufacturing facility to produce medicines in Pakistan

“This investment signifies that the regulatory reforms and competitive local landscape is being recognized as an opportunity by investors," said the Advisor.

Published 19 Oct, 2020 04:02pm

Commodities

Gold gains on weaker dollar, U.S. stimulus bets

The dollar slipped 0.2pc versus rivals, making gold less expensive for holders of other currencies.

Published 19 Oct, 2020 03:57pm

Currency

Turkish central bank to hike rates 175 points to 12pc

The bank is seen raising its one-week repo rate a bit more by year end after it surprised last month with a 200-point hike meant to address double-digit inflation and a record-low lira.

Published 19 Oct, 2020 03:52pm

World

71% of American Muslim voters intend to vote for Joe Biden

In the poll, 65 percent believe that the Democrats are most concerned about protecting religious freedoms.

Updated 19 Oct, 2020 03:56pm

Technology

Nokia to set up 4G/LTE network on the moon, according to NASA

In an astounding series of events, NASA has awarded Nokia - a former cellular giant - a $14.1 million contract to deploy a cellular network on the moon.

Published 19 Oct, 2020 03:41pm

Exchange

People of Afghanistan consider Pakistan as their second home, says Hekmatyar

Foreign minister says lasting peace can only be achieved through a political settlement accepted by the people of Afghanistan

Published 19 Oct, 2020 03:33pm

China

China warns U.S. that it may detain Americans, in response to prosecutions of Chinese scholars

The Chinese government has allegedly (and repeatedly) warned American officials that they could potentially arrest and detain United States nationals residing in China, due to the Justice Department’s deliberate persecution of Chinese military-affiliated scholars.

Published 19 Oct, 2020 03:33pm

Pakistan

LHWs to march towards parliament if their demands not accepted

All negotiations broke down, as they were told their demands can only be met by the provincial government, not the federal.

Published 19 Oct, 2020 02:38pm

World

First commercial flight from UAE lands in Israel

The two nations agreed to enable 28 weekly direct flights.

Updated 19 Oct, 2020 02:42pm

BR Research

Rent-seeking political alliances

Markets dominated by a few, large firms can often be prone to manipulation. Add to it political influence that those...

Published 19 Oct, 2020 01:40pm

Exchange

Pakistan's external debt jumps by USD 7bn: SBP

According to SBP, the volume of external debt as of June 30, 2019, was USD 106bn, which increased to USD 113bn by June 30, 2020, an increase of USD 7bn in one year.

Published 19 Oct, 2020 01:51pm

World

Armenia and Azerbaijan truce breaks down within hours

The truce agreed on Saturday came into force at midnight (2000 GMT) after a week-old Russian-brokered ceasefire failed to halt the worst fighting in the South Caucasus since the 1990s.

Published 19 Oct, 2020 01:45pm

Sports

Misbah names Pakistan squad for Zimbabwe series

Shoaib Malik left out to give better chances to players like Abdullah Shafiq, Haider Ali and Khushdil Shah in upcoming T20Is

Published 19 Oct, 2020 01:28pm

World

China dismisses allegations Uighur children being separated from parents

Foreign Ministry Spokesman Zhao Lijian rejected the report and termed it a move by anti-China groups to defame China over its policies in Xinjiang, where most of China’s Muslim Uighur population lives

Updated 19 Oct, 2020 01:44pm

BR Research

Fighting for scraps

Six of the world’s most famous and largest cruise ships are at a Turkish beach town along the Aegean Sea, at the...

Published 19 Oct, 2020 01:30pm

Currency

Mohmand Hydropower Project: AGP smells a rat in award of contract

ISLAMABAD: The Auditor General of Pakistan has alleged that the contract of Mohmand Hydropower Project to M/s...

Updated 19 Oct, 2020 01:31pm

Technology

NASA to provide millions to install cellular towers on the moon

The US space agency NASA has said it will provide $14 million to technology company Nokia to install 4G cellular towers.

Published 19 Oct, 2020 01:18pm

Exchange

Afghan peace process: Gulbuddin Hekmatyar reaches Islamabad on three-day visit

The visit of Hekmatyar will provide an opportunity for exchange of views on the Afghan peace process and strengthening of Pakistan-Afghanistan bilateral relations as well as people-to-people interaction

Updated 19 Oct, 2020 01:15pm

Business & Finance

FBR unearths billions of rupees in dry cleaner’s account

The FBR has summoned Ramesh Kumar to his office on October 19 for further investigation.

Published 19 Oct, 2020 12:53pm

Pakistan

'Nawaz Sharif intentionally concealing himself' summons posted in newspapers

The notice said that Sharif is absconding and is intentionally concealing himself to avoid the service of the warrants issued to him by the court.

Updated 19 Oct, 2020 12:39pm

Business & Finance

Fully automated duty drawback payment system starts operations

Dawood was of the view that in the future, Income Tax and Sales Tax refunds will also be fully automated to create a hassle-free facilitative environment for the exporters.

Published 19 Oct, 2020 11:59am

Exchange

CAA initiates inquiry after passenger levels allegations against airline staff

A video was shared on social media where in a passenger alleged that he was slapped by staff at the airport.

Published 19 Oct, 2020 11:37am

World

Al-Qaeda maintains "close ties" with the Taliban, according to senior U.N official

Ayman Al-Zawahiri (leader of Al-Qaeda) has maintained close ties with the Taliban, with both groups regularly consulting each other throughout the ongoing peace process.

Published 19 Oct, 2020 11:31am

World

Bahrain, Israel ink joint communique to establish diplomatic ties, boost economic activity

The documents were inked by Bahraini Foreign Minister Abdullatif Al-Zayani and Israel's National Security Adviser Meir Ben-Shabbat while U.S. Treasury Secretary Steve Mnuchin witnessed the signing agreement

Published 19 Oct, 2020 11:14am

Life & Style

Taylor Swift and Bradley Cooper will auction their guitars for COVID-19 relief

Swift’s signed black Gibson acoustic guitar comes along with nine of the singer’s custom picks in a lot that could fetch up to $40,000.

Published 19 Oct, 2020 10:52am

Sindh govt unaware of Capt. Safdar’s arrest, terms it an attempt to divide opposition

Safdar was arrested from his hotel in Karachi for chanting political slogans in the vicinity of the Mazar-e-Quaid.

Published 19 Oct, 2020 10:46am

Business & Finance

China says indicators give good reason to believe in sustained recovery

There’s also good reason to be confident about China’s full-year economic growth, Liu Aihua, spokeswoman at the National Bureau of Statistics, told a press briefing after the release of third-quarter gross domestic product.

Published 19 Oct, 2020 10:23am

World

Saudi Arabia restructures top religious, advisory bodies

King Salman appointed a new speaker and two deputies, including a woman, for the Shura Council

Updated 19 Oct, 2020 10:22am

Currency

Asia's currencies edge higher as China rebound gathers steam

China’s gross domestic product grew 4.9% in the September quarter from a year earlier, slower than forecast but faster than the third quarter and aided by strong gains in industrial output and an acceleration in retail sales.

Published 19 Oct, 2020 10:20am

Business & Finance

Oil prices decline after China economic data disappoints

Brent crude for December slipped 15 cents, or 0.4%, to $42.78 a barrel by 0405 GMT. U.S. West Texas Intermediate crude for November was at $40.70 a barrel, down 18 cents.

Published 19 Oct, 2020 10:17am

Business & Finance

China's third-quarter GDP grows 4.9% year-on-year, misses expectations

The growth was slower than the 5.2% forecast by analysts in a Reuters poll, and followed 3.2% growth in the second quarter.

Published 19 Oct, 2020 10:14am

Pakistan

Sindh police arrest Capt (R) Safdar for allegedly desecrating Mazar-e-Quaid

Sindh police have registered a case against more than 200 people, including Maryam Nawaz for allegedly desecrating Mazar-e-Quaid.

Updated 19 Oct, 2020 10:03am

Cotton

External trade: Agriculture is the weakest link

Trade deficit has worsened in September both on monthly (40%) and yearly basis (22%). The reason is not merely that...

Published 19 Oct, 2020 08:04am

BR Research

Wheat import: timing matters

A ten times increase in import volume in a month. Surely, Pakistan’s wheat imports are now in full gear, as the...

Published 19 Oct, 2020 08:03am

BR Research

E-commerce during pandemic

Continuing with the assessment of how digital payments fared during the quarter of lockdowns associated with the...

Published 19 Oct, 2020 08:02am

BR Research

HBL profits continue to rise

HBL is the market leader by some distance. And it continues to post impressive numbers quarter after quarter. The...

Published 19 Oct, 2020 08:01am

BR Research

Interview with Shazil Mehkri – CEO Sastaticket.pk

International travel at approximately 30 percent of pre-Covid levels Shazil Mehkri is the CEO of Sastaticket.pk. In...

Published 19 Oct, 2020 07:25am

Pakistan

Mills directed to issue timely flour quota to dealers

PESHAWAR: Chairman Pakistan Flour Mills Association (PSMA) Khyber Pakhtunkhwa, Mohammad Naeem Butt has issued...

Updated 19 Oct, 2020 04:13am

Pakistan

British DHC meets Karachi Commissioner

KARACHI: The British Deputy High Commissioner (DHC) Mike Nithavrianakis called on the Karachi Commissioner Dr...

Updated 19 Oct, 2020 04:12am

Pakistan

TIP terms Right of Access to Information (Amendment) Bill, 2020 illegal

KARACHI: Transparency International Pakistan (TIP) condemns the efforts to pass Right of Access to Information...

Updated 19 Oct, 2020 04:11am

Pakistan

DG Parks and Horticulture visits IoBM

KARACHI: The Institute of Business Management (IoBM) is collaborating in corporate social responsibility (CSR)...

Updated 19 Oct, 2020 04:10am

Pakistan

PDM creating hurdles in revival of economy: Qureshi

MULTAN: Foreign Minister Makhdoom Shah Mahmood Qureshi said opposition parties were claiming to dislodge incumbent...

Updated 19 Oct, 2020 04:09am

Pakistan

JI announces countrywide anti-govt movement from Nov 1

LAHORE: Jamaat-e-Islami Pakistan has announced countrywide protest movement against the PTI government from November...

Updated 19 Oct, 2020 04:09am

Pakistan

Sir Syed Ahmed Khan remembered

KARACHI: The rich tributes were paid to the great visionary and reformer of the subcontinent Sir Syed Ahmed Khan at...

Updated 19 Oct, 2020 04:05am

Pakistan

Nawaz's speech: Bilawal's disassociation welcoming omen: Chauhan

LAHORE: Punjab Information Minister Fayyaz-ul-Hassan Chauhan termed Bilawal Zardari's disassociation with Nawaz...

Updated 19 Oct, 2020 04:04am

Pakistan

Ilma University to provide 50pc scholarship

KARACHI: Ilma University acknowledges and appreciates the relentless efforts that the Government employees as well ...

Updated 19 Oct, 2020 04:04am

Pakistan

Availability of wheat and sugar: Punjab govt orders activation of 'Sahulat Bazaar' at tehsil level

LAHORE: In order to ensure availability of essential commodities, especially flour and sugar at the fixed prices in...

Updated 19 Oct, 2020 04:03am

World

Trump gaffe demotes France's Macron

WASHINGTON: President Donald Trump likes to make fun of his rival Joe Biden's verbal lapses but on Saturday he made...

Updated 19 Oct, 2020 03:32am

Europe

Tens of thousands march in Belarus despite police threat to open fire

MINSK: Belarusian police on Sunday detained more than 200 people as tens of thousands marched against strongman...

Updated 19 Oct, 2020 03:31am

Middle East

Saudi woman makes world's 'largest coffee painting'

JEDDAH: A Saudi artist has created the world's "largest coffee painting", becoming the first woman from the country...

Updated 19 Oct, 2020 03:30am

12 killed, dozens hurt by car bomb targeting Afghan police

HEART: A car bomb Sunday targeting an Afghan police headquarters in the western province of Ghor killed at least 12...

Updated 19 Oct, 2020 03:28am

Hafiz Trade Centre fire: Electronic items worth millions of rupees gutted

LAHORE: Nearly 500 shops and valuables worth billions of rupees were gutted as a massive fire broke out at Hafiz...

Updated 19 Oct, 2020 03:28am

Eligibility of ATIR Chairman: Ministry directed to provide crucial information

ISLAMABAD: The Lahore High Court (LHC) has directed the Ministry of Law and Justice to provide crucial information...

Updated 19 Oct, 2020 03:27am

Iran says UN arms embargo on Tehran has been lifted

TEHRAN: Iran said a longstanding UN embargo on arms sales to and from the Islamic republic expired Sunday in line...

Updated 19 Oct, 2020 03:27am

Cotton

2.68m cotton bales reach ginneries

MULTAN: Seed cotton (Phutti) equivalent to 2.688 million or exactly 2,688,385 bales have reached ginneries across...

Updated 19 Oct, 2020 03:26am

Pakistan stands with Azerbaijan forces: PM

ISLAMABAD: Prime Minister Imran Khan on Sunday paid tributes to Azerbaijani forces for 'valiantly defending their...

Updated 19 Oct, 2020 03:25am

Saudi Arabia restarts prayers in Grand Mosque

MAKKAH: Saudi Arabia opened Sunday Islam's holiest site for prayers for the first time in seven months, and expanded...

Updated 19 Oct, 2020 03:25am

'$10trn could have been saved if US had handled Covid-19 like Pakistan'

KARACHI: Larry Summers, former chief economist of the World Bank has acknowledged that if the United States (US) had...

Updated 19 Oct, 2020 03:24am

Asia

Thai democracy protesters defy ban for fourth day

BANGKOK: Tens of thousands of protesters defied a ban on gatherings of more than four people to mass at a major...

Updated 19 Oct, 2020 03:23am

Business & Finance

BBoIT decides to establish offices in Karachi, Gwadar

QUETTA: Chief Executive Officer of Balochistan Board of Investment and Trade (BBoIT), Farman Zarkoon has said that...