News Archives for Latest - 2020-12-25

Pakistan

Nawaz Sharif sent me to Israel: claims Maulana Ajmal Qadri

“I found him [Nawaz] “very passionate” to develop a relationship with the Jewish state,” says former JUI leader.
He said the trade affairs mostly related to Pakistani textiles came under discussion during the meeting with Tel viv officials.

Updated 26 Dec, 2020 02:33pm

Companies

Turkish central bank will not use interest rate corridor or sell forex

The central bank's Twitter account quoted him as saying the bank will not buy or sell forex to determine an exchange rate.

Updated 26 Dec, 2020 12:03am

Pakistan

Nation celebrates Quaid-e-Azam’s 145th birth anniversary today

Special events will be arranged on the day to highlight and promote ideas and views of the Quaid-e-Azam.
A change of guard ceremony took place at the Mazar-e-Quaid during which Pakistan Military Academy Kakul cadets took over guard duties.

Updated 25 Dec, 2020 08:58pm

Pakistan

Pakistan issues notices to Google, Wikipedia for disseminating 'sacrilegious content'

PTA said it was acting against Google and Wikipedia after receiving complaints.
The Authority said it has directed both to immediately remove the content.

Updated 25 Dec, 2020 08:50pm

Pakistan

Explosion reported at a bank in Karachi’s Paposh Nagar

The explosion was caused by gas pressure in the underground storage tank for water at the bank, says BDS.
A portion of the bank building was damaged due to the explosion.

Updated 25 Dec, 2020 08:48pm

Pakistan

PML-N spokesperson refutes claims Nawaz govt sent delegation to Israel

National interests were being harmed by such baseless information, says Marriyum Aurangzeb.
Former JUI leader claims Nawaz Sharif sent him to Israel.

Updated 25 Dec, 2020 08:44pm

Pakistan

Sindh reports 22 deaths, 915 new COVID-19 cases in past 24 hours

Karachi reported 80 percent of the total cases in past 24 hours.
So far, 186,353 patients had recovered from the virus, the statement said.

Published 25 Dec, 2020 08:16pm

Pakistan

CAA denies private airline’s plane travelling to Islamabad hit by bird

"The media report is not based on facts rather rumours," says CAA.
"The incident happened when the plane was at 37,000 feet above the land," claims spokesperson.

Updated 25 Dec, 2020 07:54pm

Forex

Russian rouble slides past 74 vs dollar as sanctions concerns weigh

After climbing to 73.63 against the dollar in early trade, the rouble shed 0.3% on the day to 74.14 versus the greenback.
The rouble has a chance of holding on to its recent gains to trade around 73-74 per dollar at the end of the year.

Published 25 Dec, 2020 07:22pm

Energy

Russia and Belarus agree oil supply terms for 2021

The two ex-Soviet neighbours have had a patchy relationship over the years and have quarrelled about a number of issues, including oil and gas sales.
reselling some of it and oil products processed from the Russian barrels on to Europe until Moscow decided to stop the practice.

Published 25 Dec, 2020 07:05pm

Middle East

Iran says U.S. approved its funds transfer to buy COVID vaccines

Iran has won U.S. approval to transfer funds for coronavirus vaccines from overseas, the central bank chief said on Thursday, as its daily death toll fell to a three-month low.
Hemmati said Iran would pay around $244 million for initial imports of 16.8 million doses of vaccines from COVAX, a multi-agency group dedicated to assuring fair access to vaccines for low- and middle-income countries.

Published 25 Dec, 2020 07:05pm

Energy

Petroleum SAPM explains LNG purchase, sale mechanism

Every LNG shipment had to be consumed within four to five days, in the absence of storage facilities, for berthing of another cargo ship.
Nadeem Babar said the previous government in its last summer season had produced 28 percent of the total electricity through the fuel oil.

Updated 25 Dec, 2020 07:05pm

USA

CoronaVac efficacy at 50-90pc in Brazilian trial

Results of trials in Brazil are known exclusively by Sao Paulo state's Butantan Institute biomedical research center.
First trials showed efficacy above 50%, the minimum required by Brazilian health regulator Anvisa, and below 90%.

Updated 25 Dec, 2020 06:31pm

Pakistan

COVID-19: Smart lockdown imposed in serval areas of Peshawar

Areas that have been put under smart lockdown are Tajabad, Sadiqabad, Qamber Khel, Darmangi and various streets of Hayatabad.
Several areas of Khyber Pakhtunkhwa’s capital city have been declared as coronavirus hotspots, reads notification.

Published 25 Dec, 2020 06:24pm

Energy

China's Nov US oil imports near record, Saudi imports up 43pc on month

China's US oil imports hit 3.61 million tonnes, about 878,839 barrels per day (bpd). That's up from 0.26 million tonnes in November last year and versus October's 1.625 million tonnes.
The November level compares to the record set in September of 3.9 million tonnes,

Published 25 Dec, 2020 05:24pm

USA

One million Americans vaccinated for COVID; Tennessee new epicenter

Tennessee emerged alongside California on Wednesday as an epicenter of the latest COVID-19 surge even while more than 1 million Americans have been vaccinated as U.S. political leaders sought to guard against a highly contagious coronavirus variant sweeping across Britain.
Some public health officials say Americans’ traveling and gathering for Thanksgiving contributed to the latest nationwide explosion in cases.

Published 25 Dec, 2020 05:20pm

South Asia

China will conduct talks on EU investment pact 'at its own pace'

Negotiations for the EU-China Comprehensive Agreement on Investment, which would grant European companies greater access to the Chinese market, have gone on for six years.
Wang's latest comments were also a walk-back from a day earlier.

Published 25 Dec, 2020 05:22pm

Money & Banking

China's central bank says bond defaults could strengthen market

Bond defaults break the rule of the guaranteed payment of interest and principal and actually help form a mechanism based on survival of the fittest.
Next, PBOC will join hands with other departments, including the China Securities Regulatory Commission.

Published 25 Dec, 2020 05:20pm

Africa

Ethiopia sets national election for June 5, 2021

Ethiopia has a federal system comprising 10 regions with freedom to set some taxes, run security forces and pass laws.
Prime Minister Abiy Ahmed is facing outbreaks of deadly violence in several regions, including a conflict in the northern Tigray region.

Published 25 Dec, 2020 05:16pm

Commodities

China's Nov soybean imports from US surge on year after trade deal

The world's top buyer of soybeans brought in 6.04 million tonnes of the oilseed from the United States in November, up 136% from 2.56 million tonnes a year ago.
The November shipments were also up from 3.4 million tonnes in October.

Published 25 Dec, 2020 05:14pm

USA

Politics overhangs US Christmas as government shutdown nears, COVID aid uncertain

Democratic President-elect Joe Biden, whose victory Trump still refuses to acknowledge nearly two months after the Nov. 3 election.
The fight over the spending and aid package comes as Americans face an unprecedented holiday season.

Published 25 Dec, 2020 05:12pm

Business & Finance

China extends tariff exemptions for imports of some US products for one year

The extension, effective on Dec. 26, will last through Dec. 25, 2021, the ministry said.
China announced tariff exemptions on the 6 chemical and oil products from the US in December last year.

Published 25 Dec, 2020 05:10pm

Africa

Mali opposition leader and presidential hopeful Cisse dies

"I confirm that Soumaila died last night in Paris," his spokesman, Nouhoum Togo, told Reuters without providing further detail.
Cisse was kidnapped in March by gunmen while campaigning for legislative elections in the northern region of Timbuktu.

Published 25 Dec, 2020 05:04pm

Middle East

Lebanon says first case of new coronavirus variant detected on flight from London

"The detection of the first case of the new variant of Covid-19 on Middle East Airlines flight 202 coming from London on Dec. 21."
A surge in coronavirus infections is straining Lebanon's healthcare system.

Published 25 Dec, 2020 05:00pm

Europe

Erdogan says Turkey wants better ties with Israel, talks continue

“The Palestine policy is our red line. It is impossible for us to accept Israel’s Palestine policies. Their merciless acts there are unacceptable,” says Erdogan.
Turkey and Israel, former allies, expelled each other’s top diplomats in 2018 over clashes when dozens of Palestinians were killed by Israeli forces on the Gaza border.

Published 25 Dec, 2020 04:42pm

South Asia

Japan's Suga urges citizens to have a quiet and distanced New Year

"The infections aren't coming down and if we keep going like this, we won't be able to avoid further spread of the virus."
Japan has banned entry from United Kingdom, with the exception of returning Japanese nationals and those with residence permits.

Published 25 Dec, 2020 04:58pm

South Asia

Hundreds protest against Nepali PM's sudden dissolution of parliament

Three former prime ministers joined hundreds of activists who sat on a road near Oli's office demanding he reverse the decisions announced on Sunday.
The ex-premiers said Oli had no power to dissolve parliament and that he had violated the constitution.

Updated 25 Dec, 2020 04:58pm

Europe

Erdogan says Turkey wants better ties with Israel, talks continue

The two countries have had a bitter falling out in recent years, despite strong commercial ties.
"The Palestine policy is our red line. It is impossible for us to accept Israel's Palestine policies. Their merciless acts there are unacceptable," Erdogan said.

Published 25 Dec, 2020 04:55pm

Pakistan

JUI-F expels four party leaders including Maulana Sherani

Basic membership of the JUI-F leaders – Maulana Muhammad Khan Sherani, Hafiz Hussain Ahmed, Maulana Gul Naseeb Khan and Shujaul Mulk – has been ended. Former JUI-F ameer Khyber Pakhtunkhwa Maulana Gul Naseeb had criticised the policies of Maulana Fazlur Rehman.

Published 25 Dec, 2020 04:06pm

South Asia

Modi calls farmer protests over contested laws politically motivated

Prime Minister Narendra Modi said on Friday that protests by farmers against three laws brought by his government were politically motivated, as he touted the success of an agricultural scheme launched last year.
Thousands of farmers from several Indian states have been camped on the outskirts of New Delhi for over a month, blocking highways to demand that Modi’s government repeal the farm laws passed in September that they say threaten their livelihoods.

Published 25 Dec, 2020 03:51pm

Pakistan

Let us live the Quaid’s ideals of 'Unity, Faith and Discipline': PM Imran

“Let us live the Quaid’s ideals of Unity, Faith and Discipline with a renewed national spirit so that we make this country rise above all seen and unseen challenges,” says Imran Khan.
“I feel blessed to have opened my eyes in a free environment bestowed upon us by God through his chosen personality who was none other but our beloved Quaid,” says the PM.

Updated 25 Dec, 2020 03:49pm

Pakistan

President reaffirms nation’s pledge to follow Quaid’s ideals to make Pakistan strong, prosperous

"We pledge to follow his ideals to make Pakistan a strong and prosperous country,” he said in a message on the occasion of Quaid-e-Azam Day," says the President.
“We urge the international community to compel and shame India to stop committing human rights violations and grant Kashmiris their right to self-determination as promised under the UN Security Council resolutions,” says Dr Arif Alvi.

Updated 25 Dec, 2020 03:27pm

USA

U.S State Department Condemns Daniel Pearl Case Ruling

On Thursday, the Sindh High Court ordered the release of Omar Sheikh, a British-born militant who was accused of killing Daniel Pearl in 2002, ruling that Mr. Sheikh's temporary detention was illegal.
The U.S State Department condemned this ruling, stating that it had been assured that the accused had not been released "at this time", adding that "We continue to honour Daniel Pearl's legacy as a courageous journalist."

Updated 25 Dec, 2020 03:06pm

Pakistan

No evidence that Coronavirus strain from UK reached Pakistan: Dr. Faisal Sultan

"I have learnt about this claim made by Dr. Atta-ur-Rehman through media but he has not presented any scientific evidence in this regard," says SAPM.
“Even British authorities don’t have any strong evidence if the virus has become more infectious”, says Dr Faisal.

Published 25 Dec, 2020 02:40pm

BVI court’s asset freezing order: AGP says govt will protect national assets ‘wherever they may be’

ISLAMABAD: Reacting to the ex-parte order of the British Virgin Islands court to attach Pakistani institutions ...

Updated 25 Dec, 2020 04:49am

PSM transaction structure approved by Cabinet body

ISLAMABAD: The Cabinet Committee on Privatisation (CCoP) on Thursday approved transaction structure for the Pakistan...

Updated 25 Dec, 2020 04:49am

PM underscores need for showcasing govt’s achievements

ISLAMABAD: Prime Minister, Imran Khan has given full marks to the Federal Minister for Information and Broadcasting,...

Updated 25 Dec, 2020 04:49am

Hafeez for timely provision of economic data

ISLAMABAD: The Minister for Finance and Revenue Dr Abdul Hafeez Shaikh underline the need of active role of the...

Updated 25 Dec, 2020 04:49am

MoF links economic outlook to intensity of pandemic

ISLAMABAD: While the budget deficit has increased to 1.7 percent of the GDP during the first four months...

Updated 25 Dec, 2020 04:49am

Master plan for establishing five terminals: Amendments approved by ECC

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the cabinet has approved amendments in the...

Updated 25 Dec, 2020 04:49am

Pakistan

Journalist Mazhar Abbas’s wife dies

KARACHI: Iram Abbas wife of senior journalist Mazhar Abbas, passed away here on Thursday. Namaz-e-Janaza will be...

Updated 25 Dec, 2020 04:43am

Pakistan

Governance system in country has become corrupt: IHC CJ

ISLAMABAD: Chief Justice of Islamabad High Court (IHC) Athar Minallah on Thursday observed that people of Pakistan ...

Updated 25 Dec, 2020 04:43am

Energy

Registration of SMC: Ogra seeks legal opinion from Shell Energy

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has sought legal opinion in writing from Shell Energy...

Updated 25 Dec, 2020 04:43am

Pakistan

Agreement signed: Germany to give Rs1.95bn technical aid for two projects

ISLAMABAD: The government of Pakistan and the Federal Republic of Germany signed the technical cooperation agreement...

Updated 25 Dec, 2020 04:43am

Editorials

Homework before class work

EDITORIAL: Prime Minister Imran Khan is taking a fair bit of flak for his candid though completely unnecessary...

Updated 25 Dec, 2020 04:43am

Editorials

Information minister and his information

EDITORIAL: It’s not immediately clear what Information Minister Shibli Faraz intended to accomplish by ...

Updated 25 Dec, 2020 04:43am

Opinion

There’s need to remove confusion — I

‘Pakistan People’s Party regime from 1971 to 1977 provided some sort of socialistic framework for the economy....

Updated 25 Dec, 2020 04:43am

Opinion

Economic advice for the PM

The prime minister made a very timely and passionate speech recently at the signing ceremony of performance...

Updated 25 Dec, 2020 04:43am

Opinion

Bluff and brinksmanship: How Britain got a Brexit trade deal done

As trade talks with the United Kingdom ground to deadlock on Dec. 9, one European Union official summed up the mood...

Updated 25 Dec, 2020 04:43am

Letters

Pakistan’s rejection of Israel

This is apropos a Business Recorder news item “Zulfi denies ever visiting Israel” carried by the newspaper on...

Updated 25 Dec, 2020 04:43am

Money & Banking

Pound, trade-sensitive currencies rise in Europe

AMSTERDAM: Sterling and trade-sensitive currencies including the Norwegian crown and Aussie dollar extended gains on...

Updated 25 Dec, 2020 04:43am

Money & Banking

Early trade in New York: Dollar mostly lower

NEW YORK: The US dollar was mostly lower on Thursday, while sterling gained after Britain and the European Union...

Updated 25 Dec, 2020 04:43am

Money & Banking

Sterling eases off highs after Brexit deal

LONDON: Sterling retreated from session highs on Thursday to hold below the $1.36 mark as news of the eleventh hour...

Updated 25 Dec, 2020 04:43am

Money & Banking

Aussie, kiwi up

SYDNEY: The Australian and New Zealand dollars crept higher on Thursday amid optimism a Brexit deal might finally be...

Updated 25 Dec, 2020 04:43am

Commodities

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.000...

Updated 25 Dec, 2020 04:43am

Cotton & Textile

Bullish trend witnessed on cotton market

KARACHI: The local cotton market remained bullish on Thursday. Market sources told that trading activity was low....

Updated 25 Dec, 2020 04:43am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Thursday (December 24, 2020)....

Updated 25 Dec, 2020 04:43am

Commodities

CBOT corn futures climb

CHICAGO: Chicago Board of Trade corn futures added for a ninth consecutive day on Wednesday, as long-term drought in...

Updated 25 Dec, 2020 04:42am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 186,242 tonnes of cargo comprising 152,053 tonnes of import cargo and 34,189 ...

Updated 25 Dec, 2020 04:42am

Energy

US natural gas futures fall on milder weather

NEW YORK: US natural gas futures declined more than 3% on Wednesday on forecasts for milder weather and lower ...

Updated 25 Dec, 2020 04:42am

Grains

Euronext wheat rises over three weeks

PARIS: Euronext wheat rose on Wednesday to its highest in more than three weeks, as a labour strike in Argentina...

Updated 25 Dec, 2020 04:42am

Pakistan

Federal Health Levy Bill sought for tobacco, sugary drinks

ISLAMABAD: The Ministry of National Health Services, Regulations, and Coordination has urged upon the Ministry of...

Updated 25 Dec, 2020 04:42am

Energy

Iesco disconnects supply to some govt offices/depts under recovery drive

MUSHTAQ GHUMMAN ISLAMABAD: Islamabad Electric Supply Company (Iesco) has launched recovery drive against public and...

Updated 25 Dec, 2020 04:42am

Pakistan

Inter-Provincial Education Ministers’ Conference on Jan 4

ISLAMABAD: The government has convened an Inter-Provincial Education Ministers’ Conference (lPEMC) on January 4,...

Updated 25 Dec, 2020 04:42am

World

Virus dampens holidays worldwide as vaccinations gather speed

• China suspends UK flights over new virus strain DOVER, (United Kingdom): Thousands of truckers endured ...

Updated 25 Dec, 2020 04:42am

World

Pope offers Christmas messages for Lebanon, S Sudan

VATICAN CITY: Pope Francis expressed his desire to visit crisis-hit Lebanon and urged political leaders in South...

Updated 25 Dec, 2020 04:42am

World

Libyans mark independence day

TRIPOLI: Libya on Thursday celebrated the 69th anniversary of its independence with military parades held in the...

Updated 25 Dec, 2020 04:42am

World

Court overturns doping ban on Chinese swimmer

GENEVA: Switzerland’s top court has overturned an eight-year doping ban on Chinese swimmer Sun Yang imposed by the...

Updated 25 Dec, 2020 04:42am

Industry

China begins anti-monopoly probe into Alibaba

BEIJING: China has launched an anti-monopoly investigation into Alibaba, regulators said Thursday, sending the share...

Updated 25 Dec, 2020 04:42am

World

Afghan women’s rights activist shot dead

KABUL: Gunmen on motorbike shot dead a women’s rights activist and her brother north of Afghanistan’s capital...

Updated 25 Dec, 2020 04:42am

World

Iran warns Trump against ‘adventurism’

TEHRAN: Iran on Thursday warned the US president against any “adventurism” before leaving the White House, after...

Updated 25 Dec, 2020 04:42am

Pakistan

Colombian reporter dies of gunshot wounds

BOGOTA: A Colombian journalist who had covered organized crime died Wednesday two days after suffering multiple...

Updated 25 Dec, 2020 04:42am

Business & Finance

Dubai economy to grow 4pc in 2021

DUBAI: Dubai, the financial and business hub of the United Arab Emirates (UAE), is forecast to grow by 4% in 2021,...

Updated 25 Dec, 2020 04:42am

World

British Airways cargo staff strike from Christmas Day

LONDON: Cargo workers at British Airways will strike from Friday until January 2 over a pay row, with a new...

Updated 25 Dec, 2020 04:42am

Industry

Square in talks to buy Jay-Z’s Tidal

NEW YORK: Digital payments company Square has held talks to acquire Jay-Z’s Tidal music streaming service,...

Updated 25 Dec, 2020 04:42am

Money & Banking

China issues rules on social credit system

BEIJING: China has issued guidelines on developing its social credit system, which is aimed at promoting trust in...

Updated 25 Dec, 2020 04:42am

Business & Finance

Turkey hikes main interest rate to 17pc

ANKARA: Turkey’s central bank on Thursday hiked its main interest rate to 17 percent in what economists greeted as...

Updated 25 Dec, 2020 04:42am

World

US Congress fails to agree to boost stimulus checks

WASHINGTON: Republicans on Thursday blocked an effort to amend the hard-won pandemic relief package to more than...

Updated 25 Dec, 2020 04:42am

Commodities

Bangladesh, India finalising first bilateral rice deal in 3 years

DHAKA/MUMBAI: Bangladesh is finalising a purchase of 150,000 tonnes of rice from India’s NAFED, the New ...

Updated 25 Dec, 2020 04:42am

Supplements

145th BIRTH ANNIVERSARY: Quaid-i-Azam: Islam as the cultural metaphor

TEXT: Prof Mujahid died on Jan 27, 2020 in Karachi. He was 93. He was considered an authority on the history of the...

Updated 25 Dec, 2020 04:41am

Supplements

145th BIRTH ANNIVERSARY: Jinnah’s relevance in today’s Pakistan

TEXT: We are celebrating the birth anniversary of Quaid-i-Azam Muhammad Ali Jinnah at a time when Pakistan faces the...

Updated 25 Dec, 2020 04:41am

Pakistan

No evidence new coronavirus strain from UK hits country: SAPM

KARACHI: Special Assistant to Prime Minister (SAPM) on Health Dr Faisal Sultan Thursday said no evidence is ...

Updated 25 Dec, 2020 04:41am

Pakistan

Sindh cabinet decides to form medical commission

KARACHI: The Sindh Cabinet taking a policy decision has decided to create Sindh Medical Commission (SMC) in line ...

Updated 25 Dec, 2020 04:41am

Pakistan

Groundbreaking ceremony of Malir Expressway held: PM should go home if he cannot solve people’s problems: Bilawal

KARACHI: Pakistan People’s Party (PPP) chairman Bilawal Bhutto-Zardari has said that Prime Minister Imran Khan is...

Updated 25 Dec, 2020 04:41am

Pakistan

Rain, snowfall in upper and central parts

KARACHI: The Met Office on Thursday forecast rain and snowfall for the country’s upper and central parts this...

Updated 25 Dec, 2020 04:41am

Industry

PM urged to help resolve issues of finished leather sector

KARACHI: Pakistan Tanners Association (PTA) chairman Anjum Zafar has urged Prime Minister Imran Khan and advisor on...

Updated 25 Dec, 2020 04:41am

Industry

Forex reserves down by $83m

KARACHI: The total liquid foreign reserves held by the State Bank of Pakistan (SBP) decreased by $83 million to...

Updated 25 Dec, 2020 04:41am

Pakistan

PPP MNA Pir Noor Shah Jillani dies of corona

KARACHI: Pakistan Peoples Party MNA Pir Noor Muhammad Shah Jillani passed away on Thursday while battling ...

Updated 25 Dec, 2020 04:41am

Energy

Adjudication Collectorate vacates show-cause notice to Byco

KARACHI: The Collectorate of Customs (Adjudication), Quetta has vacated the show-cause notice issued to M/s Byco...

Updated 25 Dec, 2020 04:41am

Taxes

MCCs perform extraordinarily

KARACHI: Model Customs Collectorates (MCCs), Adjudication I & II have shown unprecedented progress by deciding...

Updated 25 Dec, 2020 04:41am

Industry

Textile sector recovered from pandemic, says NBG chief

KARACHI: Chairman of National Business Group and president Pakistan Businessmen and Intellectuals Forum Mian Zahid...

Updated 25 Dec, 2020 04:41am

Pakistan

NA Speaker asks 2 PML-N MNAs to confirm resignations

ISLAMABAD: Speaker National Assembly Asad Qaiser has asked two members belonging to the Pakistan Muslim League-Nawaz...

Updated 25 Dec, 2020 04:41am

Pakistan

Election on vacant seat of PML-N senator on Jan 14: ECP

ISLAMABAD: Election Commission of Pakistan (ECP) Thursday announced election on January 14, 2021 on the Senate seat...

Updated 25 Dec, 2020 04:41am

Pakistan

National Finance Olympiad 2020: ICAP, Unilever Pakistan hold grand finale

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with Unilever Pakistan,...

Updated 25 Dec, 2020 04:41am

Pakistan

Pakistan-made ventilator goes to PEC’s testing centre

KARACHI: A leading precision engineering company, Alsons group has developed a local ventilator with all features...

Updated 25 Dec, 2020 04:41am

Pakistan

Zardari invites Fazl to Larkana gathering on 27th

ISLAMABAD: Pakistan Peoples Party (PPP) Co-Chairman Asif Ali Zardari Thursday telephoned Jamiat Ulema-i-Islam-Fazl...

Updated 25 Dec, 2020 04:41am

Pakistan

Security plan for Christmas finalised in Capital

ISLAMABAD: The city police on Thursday finalised a comprehensive security plan for Christmas in the federal capital,...

Updated 25 Dec, 2020 04:40am

Pakistan

Bilateral ties after Brexit: Daudzai discusses different ideas with Pakistan CG in Manchester

ISLAMABAD: Qaisar Khan Daudzai, Vice President FPCCI and Muhammad Tariq Pakistani Counsel General in Manchester (UK)...

Updated 25 Dec, 2020 04:40am

Pakistan

Rashid says PDM leadership will not resign before Senate elections

ISLAMABAD: The Interior Minister, Sheikh Rashid Ahmed, on Thursday said that the leadership of the Pakistan...

Updated 25 Dec, 2020 04:40am

Pakistan

NOC given to Park View City Housing Society declared ‘illegal, void’

ISLAMABAD: The Islamabad High Court (IHC) declared the No Objection Certificate (NOC) given to Park View City ...

Updated 25 Dec, 2020 04:40am

Pakistan

LHC’s directive to Punjab govt

LAHORE: The Lahore High Court on Wednesday directed the Punjab government to submit before the court a ...

Updated 25 Dec, 2020 04:40am

SPI up 0.11pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended December 24, 2020 recorded an increase of 0.11...

Updated 25 Dec, 2020 04:40am

Dhok Sultan Field: Allocation of additional gas to third party approved by govt

ISLAMABAD: The Federal Government has approved allocation of additional gas from Dhok Sultan Field to a third-party...

Updated 25 Dec, 2020 04:40am

NAB rejects PCGA’s allegations

ISLAMABAD: National Accountability Bureau (NAB) Sukkur on Thursday said Pakistan Cotton & Ginners ...

Updated 25 Dec, 2020 04:40am

Captive power units: SSGC asks for 100pc cut in gas consumption

KARACHI: Sui Southern Gas Company Limited (SSGCL) Thursday asked all non-export general industries to reduce 100...

Updated 25 Dec, 2020 04:40am

Remittances: Expats survey launched to analyze trends, outlook

KARACHI: The State Bank of Pakistan (SBP) in collaboration with Ministry of Planning, Development and Special...

Updated 25 Dec, 2020 04:40am

MQM(P) for forming judicial commission to investigate census ‘controversy’

ISLAMABAD: Muttahida Qaumi Movement-Pakistan (MQM-P) leader Khalid Maqbool Siddiqui Thursday asked the government to...

Updated 25 Dec, 2020 04:40am

MoU signed with 17 Paris Club states: Around $900m debt relief estimated

ISLAMABAD: The government Thursday signed a Memorandum Of Understanding (MoU) with Paris Club countries for 2nd ...

Updated 25 Dec, 2020 04:40am

Islamabad-Tehran-Istanbul container train to resume operations in Jan: FO

ISLAMABAD: The Foreign Office said Thursday that the Islamabad-Tehran-Istanbul (ITI) container train would resume...

Updated 25 Dec, 2020 04:40am

EU and UK clinch narrow Brexit accord

LONDON/BRUSSELS: Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days...

Updated 25 Dec, 2020 04:40am

Birth anniversary of Quaid-e-Azam today

LAHORE: The 145th birth anniversary of Quaid-e-Azam Muhammad Ali Jinnah is being marked on Friday (today) with due...

Updated 25 Dec, 2020 04:40am

111 more people die of Covid-19

ISLAMABAD: The National Command and Operation Centre (NCOC) Thursday reported 111 Covid-19 deaths and 2,256 new ...

Updated 25 Dec, 2020 04:40am

PM, COAS, ISI chief take stock of situation

ISLAMABAD: The country's civil and military leadership on Thursday while taking note of ceasefire violations and...

Updated 25 Dec, 2020 04:40am

Alternative Corporate Tax: LHC dismisses petitions filed against levy

ISLAMABAD: The Lahore High Court (LHC) has dismissed all petitions filed against the imposition of the Alternative...

Updated 25 Dec, 2020 04:40am

Rates.BR Index

PSX jumps 329.07 points: BRIndex100 extends gains

KARACHI: Pakistan Stock Exchange Thursday witnessed a bullish trend on the back of healthy buying, mainly by local...

Updated 25 Dec, 2020 04:40am

Pakistan

JUI-F strongly reacts to ‘character assassination drive’

ISLAMABAD: Jamiat Ulema-e-Islam (JUI) Pakistan Secretary General Maulana Abdul Ghafoor Haideri Thursday, while...

Updated 25 Dec, 2020 04:40am

Sports

HBL-PSL 2021 set to showcase best talent

LAHORE: The HBL Pakistan Super League 2021 is set to showcase Pakistan’s best talent once again as categories of...

Updated 25 Dec, 2020 03:46am

Pakistan

Khaqan allowed to go abroad for 15 days

ISLAMABAD: The federal cabinet has reportedly given one time permission to former prime minister Shahid Khaqan ...

Updated 25 Dec, 2020 03:22am

Pakistan

Appointment of PTV chairman: IHC issues notices to federal govt, MoI

ISLAMABAD: The Islamabad High Court (IHC) Thursday issued notices to the federal government regarding appointment of...

Updated 25 Dec, 2020 03:22am

Pakistan

PML-N accuses PM of making institutions controversial

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) has accused Prime Minister Imran Khan of making security...

Updated 25 Dec, 2020 03:22am

Pakistan

TEVTA chairperson chairs first sector skill council for textile and garments

LAHORE: Chairperson Technical Education and Vocational Training Authority (TEVTA) Ali Salman Siddique chaired first...

Updated 25 Dec, 2020 03:22am

Pakistan

Punjab reports 51 deaths, 695 fresh Covid-19 cases

LAHORE: The number of causalities due to Covid-19 is on the rise, as Punjab has reported 51 deaths during the last ...

Updated 25 Dec, 2020 03:22am

Pakistan

AirSial set to launch domestic flight operations today

LAHORE: AirSial, a Sialkot-based airline, is all set to launch its domestic flight operations from December 25...

Updated 25 Dec, 2020 03:19am

Pakistan

Cigarette sales from 2016 to 2019: No noticeable reduction in smoking despite taxes, warnings

LAHORE: A review of the statistics from 2016 to 2019 of cigarette sales in Pakistan showed that despite the...

Updated 25 Dec, 2020 03:19am

Pakistan

‘Clean water a must for human life’

LAHORE: Chairman Planning and Development (P&D) Board Hamid Yaqub Sheikh has said that clean water is essential...

Updated 25 Dec, 2020 03:19am

Rates.Bullion

Bullion Rates

KARACHI: Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (December 24, 2020)....