News Archives for Latest - 2020-11-02

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Archive - 2020-11-02

Pakistan

Fayyaz Chohan loses Punjab's information ministry portfolio to Firdous Ashiq Awan

Two other ministers – minister for cooperatives and minister for prisons – along with Chohan have been removed.

Updated 13 Aug, 2021 03:04pm

USA

Threat of "unfamiliar violence" looms ahead of divisive Presidential Election, warns report

As political polarisation in the electorate has reached a fever pitch and the stakes are beyond existential, the U.S. Presidential Election is primed to be a drawn-out and protracted affair, increasingly at the risk of being derailed due to “violent actors”.

Updated 03 Nov, 2020 03:54pm

Pakistan

Germany wants a prosperous but democratic Pakistan, Ambassador Bernhard Schlagheck tells Aaj TV's Munizae Jahangir

Pakistan's security remains a concern for the foreign investors but the major impediments are the poor investment conditions, he said.

Updated 03 Nov, 2020 12:31am

Pakistan

Raja Basharat vows full support for uplift of special children

Raja Basharat said it was highly commendable that these standard schools in the country were working on their own.

Published 02 Nov, 2020 11:55pm

Exchange

Pharma industry has great potential in int'l market: Governor Sindh

He further asked the PPMA to prepare detailed recommendations in that regard to take state bank of Pakistan and other banks on board for initiating this project.

Published 02 Nov, 2020 11:54pm

Pakistan

Ayaz Sadiq irresponsible statement promoted narrative of Pakistan's enemies: Vawda

He said the PML-N leadership always start criticism on the national institutions whenever their corruption was probed.

Published 02 Nov, 2020 11:52pm

Pakistan

PTI govt to complete its constitutional tenure: Ali Nawaz

The opposition wanted National Reconciliation Ordinance (NRO) to protect their ill-gotten money, he said, adding the external powers wanted to destabilize Pakistan through different tactics.

Published 02 Nov, 2020 11:51pm

Pakistan

SC adjourns petitions against SHC order to void audit officers appointments

A three-member bench of the apex court, headed by Chief Justice Gulzar Ahmed and comprised Justice Ijaz Ul Ahsan and Justice Munib Akhtar, heard the case.

Published 02 Nov, 2020 11:49pm

World

Biden leads in polls going into Election Day but battlegrounds tight

Biden, the 77-year-old former vice president, has enjoyed a solid lead over Trump, 74, in the national polls for months, at times reaching double digits.

Published 02 Nov, 2020 11:38pm

World

Trump dismisses election eve polls, says 'really looking good' to win

"I watch these fake polls," he told a crowd in Fayetteville, North Carolina. "We're going to win anyway."

Published 02 Nov, 2020 11:33pm

Pakistan

Senate body discusses issues pertaining to regularization of OGDCL Engineers

Regarding Phong Colony the Committee directed the Ministry that a survey must be conducted and a report must be submitted to the Committee.

Published 02 Nov, 2020 11:25pm

Exchange

FM, Finland counterpart discuss bilateral ties, wide range of issues

The foreign minister also briefed his Finnish counterpart that Pakistan’s timely and effective response to the Covid-19 crisis was lauded as a success story internationally.

Published 02 Nov, 2020 11:23pm

Pakistan

Govt taking measures to bring inflation down before Dec: SAPM

Criticizing the provincial government, he said after the 18th Amendment, it was the responsibility of the provinces to maintain prices of food items in their respective jurisdictions.

Published 02 Nov, 2020 11:21pm

Pakistan

Dr. Firdous Ashiq Awan appointed SACM Punjab on Information

Dr. Firdous Ashiq Awan has previously served as the special assistant to the prime minister (SAPM) on Information and Broadcasting.

Published 02 Nov, 2020 11:01pm

Pakistan

Pakistan strongly condemns Kabul University attack: FO

At least 19 people were killed and 22 wounded Monday when militants stormed Afghanistan's biggest university in an attack that ended only after hours of fighting with security forces.

Updated 02 Nov, 2020 09:30pm

Life & Style

Saheefa Jabbar has launched a minimalistic clothing brand for men and women

Evervanna is Khattak's latest venture into the fashion world, catering to those searching for minimal, modular pieces in both eastern and western wear.

Published 02 Nov, 2020 07:59pm

Europe

Greece imposes lockdown on second largest city

Everything will remain closed, except for schools, and those wanting to leave their homes will have to seek permission via text message.

Published 02 Nov, 2020 07:52pm

Commodities

Russian wheat prices fall after 4 weeks of growth

SovEcon, another Moscow consultancy, said wheat declined by $2 to $253 per tonne, while barley prices rose by $1 to $211 per tonne.
"We expect Russian wheat to decline short term as it needs to restore its competitive edge," SovEcon analysts said.

Published 02 Nov, 2020 07:32pm

Forex

Chile's peso leads Latam gains after positive China data

Trading volumes subdued due to Brazil, Mexico holidays.
Latam stocks rise after steep weekly losses.
Oil-linked currencies fall.

Published 02 Nov, 2020 07:31pm

Stocks

Wall Street set to rebound with focus on White House race

Estee Lauder rises after results beat.
Nielsen up on plans to sell a unit for $2.7 bln.
Tech mega-caps bounce from steep selloff on Friday.
Futures up: Dow 1.50%, S&P 1.22%, Nasdaq 0.87%.

Published 02 Nov, 2020 07:29pm

Pakistan

Educational institutions are not being closed, clears Mahmood despite resurge in COVID-19

The minister made the announcement via tweet, stating: "Rumours again afloat regarding school closures. It is again clarified that educational institutions are NOT being closed."

Updated 02 Nov, 2020 07:30pm

Forex

Canadian dollar recoups some of last week's loss as stocks rally

Canadian dollar rises 0.4% against the greenback.
Loonie trades in a range of 1.3257 to 1.3370.
Price of US oil falls 1.8%.
Canadian bond yields trade mixed across a flatter curve.

Published 02 Nov, 2020 07:27pm

Life & Style

Johnny Depp is a wife beater, UK judge rules in libel case

The judge ruled he had repeatedly assaulted his former partner and put her in fear for her life.

Published 02 Nov, 2020 07:28pm

Financial

Three-quarters of euro govt bonds, a record high, now have sub-zero yields

The market value of euro area sovereign bonds with yields below 0% rose to around 6.53 trillion euros, or 73.25% of the total market as of the end of October.
Large swathes of peripheral bond markets joined the negative yield club last month as expectations for more European Central Bank stimulus grew.

Published 02 Nov, 2020 07:24pm

Commodities

Gold gains as caution sets in ahead of US election

We're only seeing small gains (in gold) and that's not surprising. This is a massive event driven week, obviously with the elections.
"We're seeing a bit of consolidation in the moves after gold came under heavy pressure last week."

Published 02 Nov, 2020 07:23pm

Forex

Rouble tumbles vs euro and dollar as US vote approaches

Rouble reaches 80.9525 vs dollar, weakest since March 23.
Falls to 94.1425 vs euro, a more than six-year low.
Uncertainty before of Tuesday's US election weighs.
Kremlin says Russia is preserving macroeconomic stability.

Published 02 Nov, 2020 07:13pm

Commodities

Raw sugar gains on uncertainty over Indian export policy

The dollar rose meanwhile, making dollar-priced commodities like sugar costlier for non-US investors.
March New York cocoa fell $18, or 0.8%, to $2,285 a tonne, having hit a three-month low of $2,273.

Published 02 Nov, 2020 07:11pm

Stocks

Most major Gulf markets firm up a day after retreat

Saudi Arabia's benchmark index advanced 2%, boosted by a 2.6% jump in Al Rajhi Bank and a 1.8% increase in oil giant Saudi Aramco.
Dubai's main share index closed up 0.6%, driven by a 1.3% rise in its biggest lender Emirates NBD Bank and a 6.7% jump in DAMAC Properties.

Published 02 Nov, 2020 07:05pm

South Asia

At least 19 killed after gunmen storm Kabul University

Last week at least 24 people, mostly students, were killed in a suicide attack on an educational centre in western Kabul that was claimed by IS.

Published 02 Nov, 2020 07:08pm

Europe

Italy PM resists pressure to impose national lockdown

Infection rates have continued to soar to record levels -- now approaching 30,000 cases a day, higher that the UK but still lower than France.

Published 02 Nov, 2020 07:05pm

Middle East

Israeli minister says normalisation deals need US president tough on Iran

Democratic presidential hopeful Joe Biden wants to rejoin the 2015 Iranian nuclear deal that the Republican incumbent quit, to the satisfaction of Israel and some Gulf Arabs.
Saudi Arabia, the Gulf powerhouse and Islam's birthplace, quietly acquiesced to the UAE and Bahrain deals with Israel, signed.

Updated 02 Nov, 2020 07:05pm

Europe

UK businesses face 'devastating' new lockdown: CBI

Britain has been among the worst-affected countries by the outbreak, with some 47,000 deaths from more than one million positive cases.

Published 02 Nov, 2020 07:03pm

Pakistan

Karachi reports more than half of total 443 COVID-19 cases in Sindh today

Sharing the data, the minister said that 9,784 samples were tested in 24 hours in the province, out of which 443 came positive. The total tally reaches 146,774 in the province.

Published 02 Nov, 2020 06:17pm

Money & Banking

Banks cut Europe's economic growth outlook as lockdown 2.0 starts

UK Prime Minister Boris Johnson ordered England back into a national lockdown from Thursday as a second wave of infections threatened to overwhelm the health service.
US investment bank Goldman said it expects the euro area's real gross domestic product (GDP) to shrink 2.3% in the fourth quarter.

Published 02 Nov, 2020 05:56pm

South Asia

China's tech independence, emissions drive could cut growth to 3pc: S&P Global

China flagged its aim to become technologically independent and achieve major breakthroughs in core technologies by 2035.
"If China succeeds in pursuing these strategies, the global economy will undergo a fundamental realignment, starting now".

Published 02 Nov, 2020 05:53pm

Stocks

World shares look past lockdowns as US election approaches

The MSCI world equity index, which tracks shares in 49 countries, was up 0.4%
Italy was also set to approve new restrictions as early as Monday after moves in France and Germany last week caused a broad risk-off move across markets.

Published 02 Nov, 2020 05:51pm

Sports

Watson reportedly retires from all forms of cricket

The World Cup winner played his last game against Kolkata Knight Riders on October 29. Throughout the tournament, he had been struggling for form.

Published 02 Nov, 2020 05:37pm

Middle East

Iran says will focus on 'actions' of new US administration

"More than the result of the election, we will pay attention to the actions" of whoever is president, ministry spokesman added.

Published 02 Nov, 2020 05:50pm

Commodities

China manufacturing data supports copper prices

Benchmark copper on the London Metal Exchange was up 0.2% at $6,729 a tonne.
China dominates copper demand, economic activity is back to normal so more stimulus is unlikely. It would be difficult to justify higher prices.

Published 02 Nov, 2020 05:48pm

Europe

Europe imposes new virus curbs as anger and frustration swell

To curb the spike in Germany, Chancellor Angela Merkel has ordered a round of shutdowns from Monday until the end of the month.

Published 02 Nov, 2020 05:44pm

Industry

Germany agrees $2.3bn aid for auto industry to navigate technology shift

Under the programme, which is due to come into force in 2021, the government plans to distribute grants to key industry players by 2024.
The switch to new products, especially in the field of e-mobility, requires an adjustment of production.

Published 02 Nov, 2020 05:44pm

COAS Bajwa, Khalilzad discuss Afghan peace

ISPR states that the visiting dignitary appreciated Pakistan's peace efforts in the region and its role in intra-Afghan talks

Updated 02 Nov, 2020 05:45pm

World

Global coronavirus death toll tops 1.2 million

More than 46,543,100 cases of coronavirus have been registered. Of these, at least 30,903,200 are now considered recovered.

Published 02 Nov, 2020 05:43pm

USA

Trump and Biden seek battleground state votes on last full day of campaign

The Republican Trump trails Biden in national opinion polls ahead of Tuesday's Election Day.
Trump will wrap up his campaign in Grand Rapids, Michigan, the same place he concluded his 2016 presidential run with a post-midnight rally on Election Day.

Published 02 Nov, 2020 05:42pm

South Asia

16 dead after Typhoon Goni batters Philippines

Ferocious winds and torrential rain toppled power lines, triggered flooding and sparked landslides that engulfed houses as Goni swept across the southern part of Luzon.

Published 02 Nov, 2020 05:40pm

Industry

Ryanair boss looks beyond summer loss to post-pandemic growth

H1 loss 197 mln euros; H2 loss to be bigger.
2021 capacity could be half 2019 levels.
Shares up 5% on cash reserves, optimism.
Talks with Boeing continue on new order.

Published 02 Nov, 2020 05:37pm

Pakistan

Vitol places best offers for 4 of 6 LNG cargoes for Pakistan

Vitol offered 16.9720%, 16.5513%, 15.9759% and 15.8761% of the price of Brent crude.
Slope rates provide a price indication for the opaque spot LNG market.
The South Asian country has a 15-year LNG purchase deal with Qatar to buy 3.75 million tonnes of LNG per year for 15 years to 2030.

Published 02 Nov, 2020 05:34pm

Sports

Du Plessis to make HBL PSL debut in playoffs

21 foreign stars include one each from Australia and New Zealand, two from Bangladesh, six from England, seven from South Africa, and four from the West Indies will be in action for PSL playoffs.

Published 02 Nov, 2020 05:35pm

South Asia

Gunmen kill at least 10 students in attack on Kabul university

Several attackers had entered the campus and were fighting with security forces, interior ministry spokesman Tariq Arian said.
An attack late last month on an education centre in Kabul killed 24 people, mostly students.

Published 02 Nov, 2020 05:26pm

South Asia

Iran reports record high COVID death toll as travel bans go into force

The government will make a decision on a complete, two-week lockdown in the capital. It did not elaborate.
The official death toll is only based on the number of registered patients.

Published 02 Nov, 2020 05:20pm

Commodities

India buys more paddy rice after farmers protest new laws

India recently approved reforms of its agriculture sector that will allow farmers to sell to institutional buyers and big retailers such as Walmart.
Higher purchases will keep paddy rice prices above the minimum support price set by the government even as the country is set to harvest a record crop.

Published 02 Nov, 2020 05:17pm

Energy

Oil drops as lockdowns widen and US election looms

Coronavirus lockdown measures widen in Europe
OPEC output up for fourth month in October, survey shows
Oil pares losses after Chinese and Japanese data (Updates prices,

Published 02 Nov, 2020 05:14pm

Forex

Tension rises as US election enters home stretch; dollar gains

Dollar index rises to one-month high.
Sterling falls to two-week low vs dollar, weaker vs euro.
Australian dollar falls to 3-month low vs US dollar.

Updated 02 Nov, 2020 05:14pm

World

New Zealand appoints first Indigenous Female Foreign Minister

After her landmark electoral victory, Prime Minister Jacinda Ardern has appointed New Zealand's first indigenous female foreign minister, in what is shaping up to be one of the most diverse parliaments in the world.

Updated 02 Nov, 2020 05:12pm

Pakistan

NAB initiates inquiry against Abid Sher Ali’s father

The former MNA is accused of giving government-owned land on favoritism.

Updated 02 Nov, 2020 04:58pm

Pakistan

Curbing COVID-19: CAA bans visitors from entering airports

As per instructions, only drivers will be allowed to drop passengers at the airports’ drop lines and those coming to pick travellers up will be required to wait in their vehicles until flyers’ arrival

Published 02 Nov, 2020 04:33pm

Business & Finance

UK factories lose more momentum in October - PMI

The IHS Markit/CIPS manufacturing Purchasing Managers’ Index (PMI) fell to 53.7 from September’s 54.1 but was up a touch from a preliminary reading and remained above the 50.0 threshold denoting growth.

Published 02 Nov, 2020 04:20pm

Pakistan

Pakistani experts to participate in International mental health conference

The conference being organised by CHADD (Children and Adults with Attention-deficit/Hyperactivity Disorder, an organization which was founded in 1987 in response to the frustration and sense of isolation experienced by parents and their children with ADHD.

Published 02 Nov, 2020 04:00pm

World

U.S. whistleblower Edward Snowden seeks Russian passport for sake of future son

Snowden, 37, fled the United States and was given asylum in Russia after leaking secret files in 2013 that revealed vast domestic and international surveillance operations carried out by the U.S. National Security Agency where he was a contractor

Published 02 Nov, 2020 04:02pm

Pakistan

NCC to deliberate on additional COVID-19 measures tomorrow

Pakistan's positivity rate surged past 4% on Sunday - the highest since August. The country recorded 1,123 new Covid-19 cases in a single day. At least 12 people succumbed to the virus.

Published 02 Nov, 2020 03:26pm

Business & Finance

Pakistan exports back on Pre-COVID track, crosses $2bn in Oct: Dawood

“This is despite the contraction in our major markets due to COVID-19 and the uncertainty created by the recent resurgence of the COVID-19 pandemic,” he added.

Published 02 Nov, 2020 03:21pm

Pakistan

TikTok ban: IHC directs PTA to submit relevant rules

IHC CJ Athar Minallah says TikTok remained a source of living for low-income people during COVID-19 outbreak

Published 02 Nov, 2020 02:47pm

World

New UK lockdown could last longer than a month: govt

The second lockdown was announced late Saturday.

Published 02 Nov, 2020 02:39pm

Pakistan

'Fake news': HEC says universities are not being closed

HEC has not issued any direction for 30 percent attendance," the commission also clarified.

Published 02 Nov, 2020 02:26pm

Pakistan

Punjab's 830 neighborhoods in lockdown amid fears of Covid-19 resurgence

A total of 1,416 coronavirus cases were reported from these areas.

Updated 02 Nov, 2020 02:19pm

Companies

Atlas Honda Limited PAT grows 76pc in second quarter

Sales, marketing, and general administrative expenses remained more or less at the same level as last year due to measures introduced for cost efficiencies.

Published 02 Nov, 2020 02:11pm

World

White House accuses top scientist of playing politics on COVID-19

Fauci said Biden was "taking it seriously from a public health perspective", while Trump was "looking at it from a different perspective… the economy and reopening the country".

Published 02 Nov, 2020 01:55pm

BR Research

Trump v Biden: Economic prospects for Pakistan

The race for the White House between US President Donald Trump and former Vice President Joe Biden has made history...

Published 02 Nov, 2020 02:00pm

BR Research

Narrowing the digital divide

Lockdowns and social restrictions brought on by the coronavirus pandemic, have underscored the need for better ...

Published 02 Nov, 2020 01:55pm

Gunmen battle Afghan security forces on Kabul University campus

The Taliban denied their fighters are involved in the assault and the identity of the attackers is unknown

Published 02 Nov, 2020 01:30pm

Pakistan

G-B CEC rejects PPP's criticism on Imran's address, says "it was not a political gathering"

Shahbaz Khan says action would be taken against violation of election rules

Published 02 Nov, 2020 01:05pm

Industry

Plan for Islamabad-Murree Electric Train in the Works: Fawad

With the electric buses project for Islamabad reaching EOI level, Fawad Chaudhary announced that a plan to launch an electric train from Islamabad Airport to Murree is in the works.

Published 02 Nov, 2020 01:01pm

Pakistan

Maryam meets Shehbaz, says PTI govt will have to suffer standards they are setting

Both leaders inquired each other's health and discussed various matters including country’s political situation and the upcoming elections in Gilgit-Baltistan

Updated 02 Nov, 2020 12:44pm

Cotton

Govt’s early action strengthened Pakistan exports despite COVID: Report

The economic volatility amid the coronavirus pandemic has proved a boon for the country’s textile sector as a number of the world’s renowned apparel brands are shifting their orders to Pakistan.

Published 02 Nov, 2020 12:32pm

USA

Trump campaign reported to declare victory even if total ballots are not counted

Over the past few weeks, President Trump has reportedly told his confidants in private that he aims to declare victory on Tuesday night, if the outcome of the electoral college hinges on large numbers of mail-in (or absentee) ballots in key states such as Pennsylvania and Ohio.

Updated 02 Nov, 2020 12:27pm

Companies

Jazz CEO terms FBR actions as ‘Coercive and Unfortunate’

The CEO was of the view that seizing an office may be an appropriate response for criminals and extortionists, but not for a company that has served Pakistan's core economy for over two and a half decades, having seen several political cycles.

Updated 02 Nov, 2020 12:02pm

India trails behind Pakistan in 4G download speed

The mobile speedtest during the three-month period ranked Pakistan at 116th position globally as compared to India’s 131st position

Published 02 Nov, 2020 12:01pm

Business & Finance

Online Holiday buying could hit $200bn amid COVID-19 pandemic

The data shows that the potential for online spending might go even higher to $200 billion (47 percent YoY growth), if the flu season keeps people out of stores.

Published 02 Nov, 2020 11:54am

Pakistan

Sindh High Court orders police to recover, shift Arzoo to a shelter home

"My lawyer has informed court that an intervener will be filed on my behalf," Mazari tweeted.

Updated 02 Nov, 2020 11:47am

Exchange

Bears rule PSX, KSE-100 bleeds over 1,000 points

At the time of filing this report, the index was being traded at 38,811.50 points showing a drop of 1076.50 points and a percentage change of negative 2.7 percent.

Published 02 Nov, 2020 11:15am

Technology

Canadian startup aims to use drone technology for reforestation at an unprecedented rate

Flash Forest, a Canadian startup venture, has developed drone technology that could plant 40,000 trees in a single month, and aims to plant a billion trees within the year.

Updated 02 Nov, 2020 11:27am

Pakistan

Resolution demanding disqualification of Ayaz Sadiq submitted in PA

The resolution states that PML-N leader's remarks aimed to please India and are against the Constitution

Updated 02 Nov, 2020 11:27am

Companies

Sony Plans to Buy Crunchyroll for $1 billion

Sony reportedly plans to acquire Crunchyroll, a popular US-based anime streaming services, for nearly $1 billion to expand into the anime market.

Published 02 Nov, 2020 11:17am

Pakistan

Pakistan sees record daily COVID-19 rise since July as cases surpass 1100

Country reported 1,123 cases and 12 deaths.

Published 02 Nov, 2020 10:45am

Business & Finance

Date for filing income tax returns will not be extended, says FBR

As per a statement issued by the tax collecting authority, the FBR has taken several steps to facilitate the taxpayers to facilitate the submission of income tax returns. A new simple return form for the tax year 2020 has been introduced.

Published 02 Nov, 2020 10:39am

Business & Finance

Guidelines for COVID-19 tests for airline passengers could set global bar for reliability

Carriers and airports are pushing for uniform global testing guidelines to waive strict quarantine requirements that are decimating travel, with airline trade group IATA forecasting a 66% decline in 2020 air traffic because of the pandemic.

Published 02 Nov, 2020 10:27am

WHO chief in quarantine after coming in contact with COVID-19 positive case

He said he is well and without symptoms.

Published 02 Nov, 2020 09:57am

Currency

Asian shares rebound on strong China data, oil on slippery slope

MSCI's broadest index of Asia-Pacific shares outside Japan climbed 0.5% to 573.04, as China's Caixin/Markit Manufacturing Purchasing Managers' Index offered hope the region's success in containing the coronavirus could spare it the economic pain being inflicted on Europe and the United States.

Published 02 Nov, 2020 10:10am

Business & Finance

China's factory activity rises to near-decade high in October - Caixin PMI

The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 53.6 from September’s 53.0, with the gauge staying above the 50-level that separates growth from contraction for the sixth consecutive month.

Published 02 Nov, 2020 10:08am

Business & Finance

Japan's Nidec plans $2 billion EV motor factory in Europe: Nikkei

The technology is expected to make electric vehicles more affordable and help cut carbon dioxide emissions from vehicles which account for 17% of global carbon dioxide emissions, according to the International Council on Clean Transportation in Washington.

Published 02 Nov, 2020 10:03am

Exchange

Indian forces gun down top rebel commander in IIOJK

The dead commander was identified as Saifullah Mir who was the chief of operations of Hizbul Mujahideen in held valley

Updated 02 Nov, 2020 10:06am

First flight of Pakistani pilgrims arrives in Saudi Arabia after seven months

The flight from Pakistan carried 38 pilgrims.

Updated 02 Nov, 2020 09:41am

U.S. coronavirus cases keep rising in grim march to Election Day

Stanford University economists estimated that Trump’s campaign rallies have resulted in 30,000 additional confirmed cases of COVID-19,

Published 02 Nov, 2020 09:16am

Currency

Increasing MSP: playing with fire?

The Sindh government is playing a dangerous game. Last week, it recommended increasing wheat support price to Rs...

Published 02 Nov, 2020 08:03am

BR Research

Smoke and mirrors

Rejoice, tobacco industry, for volumes are back! As predicted in this space back in August, cigarette production has...

Published 02 Nov, 2020 08:02am

BR Research

Economic future of Giglit-Baltistan

Soon after media reports surfaced earlier this month that Islamabad is considering to give Giglit-Baltistan (GB) the...

Published 02 Nov, 2020 08:02am

Exchange

HMB delivers strong profits

The world may well still be trying to come to terms with the pandemic outbreak, but banks in Pakistan have shown...

Published 02 Nov, 2020 08:01am

BR Research

Interview with Imran Qureshi, CEO Descon Oxychem Limited

‘Diversification is the strategy for 2021’ Imran Qureshi is the Chief Executive Officer of Descon Oxychem...

Published 02 Nov, 2020 07:25am

Industry

Payment delays: Covid-19 pushes KE into Rs2.96bn loss

KARACHI: The Board of Directors of K-Electric Limited in its meeting held, approved the Company’s financial ...

Updated 02 Nov, 2020 03:28am

Industry

India’s largest carmakers post increase sales

NEW DELHI: India's largest carmakers posted strong monthly sales numbers on Sunday, signalling that demand could be...

Updated 02 Nov, 2020 03:28am

Business & Finance

Jazz registers significant growth in 4G subscribers during Q3

ISLAMABAD: Pakistan’s number one 4G operator and largest internet and broadband service provider Jazz invested ...

Updated 02 Nov, 2020 03:28am

Exchange

Six Pakistani companies to export meat to KSA

KARACHI: The government is trying to boost exports of halal meat and other perishable and non-perishable items to...

Updated 02 Nov, 2020 03:28am

Business & Finance

Byco announces profit of Rs1.7bn in Q1

KARACHI: Byco Petroleum Pakistan Ltd (BPPL), Pakistan’s largest oil refining company, reported financial results...

Updated 02 Nov, 2020 03:28am

Business & Finance

Indonesia eyes increased US investment, trade

JAKARTA: Indonesia will see a significant boost in trade and investment from the United States as a result of...

Updated 02 Nov, 2020 03:28am

Sports

Pakistan clinches one-day series against Zimbabwe

ISLAMABAD: Pakistan defeated Zimbabwe by six wickets to clinch the three-match one-day international cricket series...

Updated 02 Nov, 2020 03:21am

Campaigning at frenetic pace, Trump tries to rally two days before election

WASHINGTON: Two days before Election Day, President Donald Trump on Sunday launched a campaign sprint across US...

Updated 02 Nov, 2020 03:19am

3rd phase of Umrah begins

ISLAMABAD: Saudi Arabia's Ministry of Hajj and Umrah, in cooperation with the concerned authorities, has begun...

Updated 02 Nov, 2020 03:19am

Indian doctor duped into buying ‘Aladdin’s lamp’ after genie show

NEW DELHI: Two men who allegedly duped a doctor into buying an "Aladdin's lamp" for $93,000 -- and even conjured up ...

Updated 02 Nov, 2020 03:16am

17 more die of Covid-19 across country

ISLAMABAD: Coronavirus pandemic claimed the lives of 17 more persons in Pakistan (till Sunday evening) with the ...

Updated 02 Nov, 2020 03:12am

Health insurance cover: PM congratulates KP govt

ISLAMABAD: Prime Minister Imran Khan on Sunday congratulated Khyber Pakhtunkwa government for “giving health...

Updated 02 Nov, 2020 03:12am

Swordsman in medieval clothing kills two in Quebec rampage

MONTREAL: A swordsman dressed in medieval clothing killed two people and wounded five others in a Halloween rampage...

Updated 02 Nov, 2020 03:12am

Kashmiri freedom fighter martyred

OCCUPIED SRINAGAR: Indian government forces martyred the leader of occupied Kashmir's largest group on Sunday,...

Updated 02 Nov, 2020 03:12am

NAB believes in ‘Accountability for All’ policy: chairman

ISLAMABAD: Chairman National Accountability Bureau (NAB) former Justice Javed Iqbal has said the anti graft watchdog...