News Archives for Latest - 2021-01-16

Business & Finance

K-Electric Results Review

Company Overview K-electric was incorporated as limited liability company in 1913 and is listed on Pakistan Stock...

Updated 18 Jan, 2021 12:29pm

Europe

Argentina receives second batch of Russia's Sputnik vaccine

Some 300,000 doses of the vaccine arrived from Moscow on a special flight of flag carrier Aerolineas Argentinas.
They will be used to complete the Sputnik treatment program that began in late December.

Published 16 Jan, 2021 09:22pm

Europe

France starts 6 p.m. curfew to slow coronavirus

The virus has killed 70,000 people in France, the seventh highest toll in the world,
These measures were necessary given the situation. While worsening, it remains relatively better than many countries around us.

Published 16 Jan, 2021 09:21pm

Europe

Thousands march in Vienna against coronavirus restrictions

Chanting demonstrators - many without masks - held signs including "Kurz Must Go" and "Make Influenza Great Again" during marches through the city centre. * Austria, a country of 8.9 million people, is in its third lockdown, with only essential shops open.

Published 16 Jan, 2021 09:15pm

Commodities

Ukraine corn export prices hit seven-year high

Asking prices have risen by $23-$26 per tonne so far in January, reaching a record $256-$264 per tonne FOB Black Sea.
APK-Inform said earlier on Saturday that Ukrainian milling wheat export prices added $3 per tonne on Friday amid rising global prices after Russia said it would hike export taxes.

Updated 16 Jan, 2021 09:15pm

Pakistan

PIA to appear before London, Malasian court over lease payment issue: Sarwar Khan

PIA had acquired the plane on expensive lease during PML-N tenure, he added.

Published 16 Jan, 2021 08:38pm

Pakistan

Sheikh Rashid condoles over demise of Musharraf’s mother

The minister said there was no substitute of mother.

Published 16 Jan, 2021 08:36pm

Companies

Brazil's Bolsonaro to allow China's Huawei in 5G auctions

Like Trump, Bolsonaro opposes Huawei on the unproven grounds that it shares confidential data with China's Communist government.
China being Brazil's largest trade partner and Huawei's ability to compete on price, he has faced resistance from industry and within his own government,.

Published 16 Jan, 2021 08:35pm

Pakistan

COVID-19 claims 244 lives during the second wave in Hazara division

Coronavirus test results of 6480 waited in all across Hazara division.

Published 16 Jan, 2021 08:36pm

Pakistan

Many projects including five bridges completed in PTI govt: Asad Umar

Asad Umar said that the people of Karachi were looking towards the federal and provincial governments for the commencement of work in the city.

Published 16 Jan, 2021 08:31pm

Europe

Portuguese hospitals under pressure as COVID-19 cases reach record

The cases, which come a day after a new lockdown was put in place, bring the total number of cases in a country of just over 10 million people to 539,416.
The health system, which prior to the pandemic had the lowest number of critical care beds per 100,000 inhabitants in Europe.

Published 16 Jan, 2021 08:32pm

Sports

Bassino grabs third women's giant slalom victory of the season

Bassino's third victory in four giant slaloms this season allowed her to take the lead in the discipline from compatriot Federica Brignone, who was fifth.

Published 16 Jan, 2021 08:29pm

Energy

Zurich Insurance to drop out of Nord Stream 2 project

Zurich, which has a big US business, is one of around 20 insurers in a consortium backing the project, one person familiar with the situation said.
The Nord Stream 2 consortium said on Friday that preparatory work to complete the subsea gas pipeline to Germany in Danish waters can go ahead.

Published 16 Jan, 2021 08:19pm

Sports

Top-ranked Tai pushes through to finals of badminton's Thailand Open

The Taiwanese player made a strong start, but Blichfeldt's strong defence caused her problems.

Published 16 Jan, 2021 08:29pm

Middle East

Iran says EU sanctions on Syrian FM 'unconstructive'

Mekdad replaced Assad stalwart Walid Muallem after the veteran top diplomat died in November.

Published 16 Jan, 2021 08:26pm

Europe

Belgian court postpones verdict in Iran diplomat case

The verdict was initially due on January 22 but the Antwerp court deferred it to February 4, without giving any reason for the delay.

Published 16 Jan, 2021 08:25pm

Africa

Guinea president Conde receives vaccine jab

The source said Conde received the Sputnik V vaccine on Friday.

Published 16 Jan, 2021 08:25pm

Africa

Tunisia set to lose stolen millions in Swiss banks

The Swiss have reportedly demanded documents to prove the funds are indeed illegal, before they could return it to Tunisia's government.

Updated 16 Jan, 2021 08:24pm

Africa

Uganda's Museveni declared winner of presidential poll, rival alleges fraud

Opposition candidate Bobi Wine alleges fraud.
Election campaign marked by deadly crackdowns.
US diplomat criticises election as flawed.

Published 16 Jan, 2021 08:09pm

Pakistan

Collaboration necessary for development in Karachi: Asad Umar

"Sindh government has the right to remove encroachments" — not the federal government, the planning minister clarified.
The vaccine will reach Pakistan "by March", says Asad Umar.

Published 16 Jan, 2021 08:12pm

Europe

Rocky road beckons as new CDU chair Laschet seeks to fill Merkel's shoes

Laschet is the person she has come closest to endorsing as her successor as national leader, saying he has "the tools" to run for that job too.
Laschet would be well suited to negotiating a possible coalition government with the Greens after September's ballot.

Published 16 Jan, 2021 08:04pm

Pakistan

NTDC announces 2-Day schedule of annual maintenance of 500 kV Rawat Grid Station from Jan 18

Subsequently partial load management will be observed from 9 am to 5 pm on 132 kV and 66 kV grid stations of IESCO – Islamabad Electronic Supply Company, he added.

Published 16 Jan, 2021 08:02pm

USA

NASA's Boeing moon rocket set for 'once-in-a-generation' ground test

It is seen as a vital step before a debut unmanned launch later this year under NASA's Artemis program.
This is a once-in-a-generation kind of test," Jim Maser, Aerojet Rocketdyne's Senior Vice President of Space.

Published 16 Jan, 2021 07:58pm

Pakistan

No threat from long march or short march: governor

He said if the opposition thinks that the government will come under pressure from the rallies, it will never happen.

Published 16 Jan, 2021 08:02pm

Pakistan

CPIC's projects get power from national grid

CPIC a leading international developer who is at the forefront of real estate development in Gwadar and promotion of the city globally.

Published 16 Jan, 2021 07:59pm

Pakistan

Era of real change has started: CM Buzdar

The CM said that backward areas were being turned into developed ones and new universities and hospitals were being set up in far-flung areas.

Published 16 Jan, 2021 07:58pm

South Asia

'Go for it,' says first person vaccinated in India's massive COVID-19 campaign

Kumar received his shot at Delhi's premier All-India Institute of Medical Sciences (AIIMS), one of 3,006 vaccination centres established around the country.
The disease separated people from their families, kept mothers away from their children, and those who died of the disease couldn't even get a final goodbye from their families.

Published 16 Jan, 2021 07:54pm

Pakistan

Mega projects initiated for welfare of people, promises to be fulfilled: Speaker

He announced upgradation of Swabi-Topi road to dual carriage way and said that Swabi Grid Station and Power.

Published 16 Jan, 2021 07:56pm

Pakistan

2,132 people affected with coronavirus: DC

DC said that during the second wave of corona pandemic, 2,132 people affected with the virus in four-and-a-half months from September 1, 2020, out of these 1,249 have been recovered and 136 died.

Published 16 Jan, 2021 07:54pm

Pakistan

Govt taking measures to control inflation: Qureshi

He remarked that protest demonstration of PDM should be in democratic manner and the law should not be taken into hand.

Published 16 Jan, 2021 07:53pm

Pakistan

Firdous urges journalists to discharge duties with neutrality

She urged journalists to use their pen in positive manner and give priority to national interests.

Published 16 Jan, 2021 07:51pm

Middle East

Distrust, division and doubt cloud Palestinian election call

Election announcement seen as gesture to Biden.
Vote not expected to ease bitter Fatah-Hamas rivalry.
Unclear whether President Abbas will run.
Previous election pledges went unfulfilled.

Published 16 Jan, 2021 07:51pm

Pakistan

AJK President foresees next phase of Indian aggression in Kashmir

Gilgit-Baltistan, which India had revealed by issuing new maps and through public statements made by their leaders time and again.

Published 16 Jan, 2021 07:49pm

Middle East

Expo organisers prepare to hold Dubai event delayed by coronavirus

The world's fair, which had been due to run from October 2020 to April this year, was delayed last May after participating countries said they needed to focus on tackling the spread of infections.
We are committed to hosting Expo in October 2021. We are following all the guidelines.

Published 16 Jan, 2021 07:48pm

Pakistan

Court adjourns Shehbaz family money-laundering case till Jan 20

The court recorded statements of two witnesses, Muhammad Sharif, Audit Officer of Land Revenue, and Muhammad Shafique, during the proceedings.

Published 16 Jan, 2021 07:47pm

Europe

New German conservative leader pledges to fight democracy's enemies

Especially in these days that we are experiencing in the world, the phrase 'unity, justice and freedom' is more topical than ever.
Let us fight together for these principles against all those who want to endanger them.

Published 16 Jan, 2021 07:44pm

Pakistan

17 more Covid patients die in Punjab

She said that 268341 test have so far been conducted in Punjab, she concluded.

Published 16 Jan, 2021 07:47pm

Pakistan

New era of real change in Punjab begins, says CM Buzdar

He said that personal like and dislike affected the development projects in past and resources were wasted by ignoring the public priorities.

Published 16 Jan, 2021 07:41pm

Europe

Denmark logs 256 cases of more contagious coronavirus variant

Between mid-November and Jan 10, 256 Danes were infected with the new variant.
In the first week of January, the percentage share of positive tests with the mutation was 3.6%.

Published 16 Jan, 2021 07:42pm

Pakistan

District admin officers inspect anti-polio campaign

Health Department officials said that anti-polio teams were administering vaccine to 1.8 million children under five years of age door-to-door in the provincial capital.

Published 16 Jan, 2021 07:24pm

Africa

Ethiopia denies its military aircraft crossed border into Sudan

Sudan said on Wednesday that the aircraft entered its airspace in a "dangerous and unjustified escalation" that "could have dangerous consequences, and cause more tension in the border areas".

Published 16 Jan, 2021 07:36pm

USA

Biden nominates veteran diplomats for top State posts

Biden also nominated Victoria Nuland, a retired career foreign service officer who was the top US diplomat for Europe.
Republican President Donald Trump withdrew the United States from the international nuclear pact and has been imposing new sanctions on Iran.

Published 16 Jan, 2021 07:21pm

Pakistan

PTI Govt taking hard decisions to bring institutional reforms: Shibli

Shibli said the government is taking all possible steps to restore image and efficiency of the institutions through reform programs.

Published 16 Jan, 2021 07:22pm

Pakistan

Asad reaffirms commitment to back just struggle of Kashmiris

Asad said the ministry of foreign affairs has been given directions for conduct of an international Kashmir Convention this year.

Published 16 Jan, 2021 07:19pm

Money & Banking

India central bank likely to propose stricter rules for shadow banks

The RBI is expected to set out proposals in a discussion paper next week, recommending that bigger shadow banks maintain a statutory liquidity ratio.
The RBI could also suggest large nonbanks be required to maintain a cash reserve ratio.

Published 16 Jan, 2021 07:18pm

Pakistan

Sindh, Centre started different projects in Karachi: CM

The CM said the federal, provincial governments had committed to undertake K-IV, sewerage treatment, road network, Malir Expressway, Green Line, yellow Line, Orange Line and KCR.

Published 16 Jan, 2021 07:16pm

Financial

Turkey announces $18.5bn public investment programme for 2021

$6 billion for public investments in the transportation and communication sectors in 2021, and another $2.6 billion for education projects.
Under the programme, Turkey's Transport and Infrastructure Ministry will receive some $2 billion.

Published 16 Jan, 2021 07:12pm

Pakistan

Buzdar lays foundation stone of Sheikhupura-Gujranwala dual carriageway

He further maintained that the project will be completed under the public-private partnership.

Published 16 Jan, 2021 07:14pm

Pakistan

Ogra repeatedly failed to safeguard masses interests: expert

He said the decision will ensure availability of gas on economical rates while supply will not be disrupted unnecessarily.

Published 16 Jan, 2021 07:12pm

Pakistan

Provinces be given authority to procure vaccines: ministers

The Sindh Health Minister demanded that the two vaccines which were approved by DRAP, should be allowed to be purchased at the provincial level.

Published 16 Jan, 2021 07:09pm

South Asia

Malaysia's Top Glove reports COVID-19 outbreak at four factories

All employees at one of the four facilities have undergone screening and those affected are under quarantine.
The company said its board of directors was closely monitoring the situation and having discussions with the management team daily.

Published 16 Jan, 2021 07:10pm

Europe

Turkey says it will renew offer for joint working group on S-400s to Biden

We will show sincere efforts to improve our ties. We expect the same approach from the Biden administration.
Washington says the S-400s pose a threat to its F-35 fighter jets and to NATO's broader defence systems. Turkey rejects this, saying S-400s will not be integrated into NATO.

Published 16 Jan, 2021 07:08pm

Pakistan

Corona claims four more lives at Nishtar Hospital

Fifty patients were also diagnosed as negative and would likely to be discharged soon.

Published 16 Jan, 2021 07:08pm

Pakistan

Anti-polio drive continues in city

He said a total of 2471 teams have been formed for anti-polio campaign.

Published 16 Jan, 2021 07:04pm

Europe

Greece starts COVID-19 vaccinations among the elderly

I couldn't wait. It will save people," a 91-year-old woman, who gave her name as Kassiani.
Greece aims to have 2 million people inoculated by March. The country has a population of about 11 million.

Published 16 Jan, 2021 07:04pm

Pakistan

Govt's preferential policies key to development of renewable energy in Pakistan: Cheng Xizhong

If hydropower is added, the proportion of renewable energy generation in Pakistan is expected to increase to 60% by 2030, he said.

Published 16 Jan, 2021 07:02pm

Commodities

Bangladesh to turn to Ukraine for wheat as Russia plans to raise export tax

Russia's economy minister announced the plans on Friday, in another push to curb a rise in domestic food prices triggered by the COVID-19 crisis. *"We are communicating with Ukraine to import wheat," said Mosammat Nazmanara Khanum.

Published 16 Jan, 2021 07:02pm

Pakistan

Coronavirus claims another 17 lives; 661 new cases reported in Punjab

The Punjab health department conducted 2,684,341 tests for COVID-19 so far while 133,586 confirmed cases recovered altogether in the province.

Published 16 Jan, 2021 06:59pm

Middle East

Saudi to reopen Qatar embassy in coming days

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt imposed a diplomatic, trade and travel embargo on Qatar in mid-2017 accusing it of supporting terrorism.
The countries have opened up their air spaces to each other and some flights have resumed.

Published 16 Jan, 2021 06:59pm

Pakistan

Spices’ exports increase by 4.55 percent to $41 million in six months

The exports of spices increased by 7.34 percent during the period under review by growing from 10,231 metric tons to 10,982 metric tons, the data revealed.

Published 16 Jan, 2021 06:57pm

Forex

US says Vietnam's currency actions 'unreasonable' but holds off on tariffs

Releasing the results of its so-called Section 301 investigation into Vietnam's currency practices.
Unfair acts, policies and practices that contribute to currency undervaluation harm US workers and businesses, and need to be addressed.

Published 16 Jan, 2021 06:56pm

Pakistan

Rain likely from Jan 23; to subside fog: Spokesperson PMD

A new weather system would enter the country on January 22 evening resulting in good rain and snowfall over the mountainous regions.

Published 16 Jan, 2021 06:55pm

South Asia

Japan's suicides jump 16pc in COVID-19 2nd wave after fall in 1st wave: study

The July-October suicide rate rose 16% from the same period a year earlier, a stark reversal of the February-June decline of 14%.
"Unlike normal economic circumstances, this pandemic disproportionately affects the psychological health of children, adolescents and females (especially housewives).

Published 16 Jan, 2021 06:53pm

Pakistan

Govt seriously carrying out across board accountability against corrupts: Dar

He said both the previous governments had done massive corruption and money laundering by looting the national exchequer ruthlessly during their regimes.

Published 16 Jan, 2021 06:54pm

Pakistan

Shehryar Afridi grieves over passing of Musharraf's mother

There is no substitute of Mother and it is a most precious asset of the universe that God has blessed to human, he said in his condolence message.

Published 16 Jan, 2021 06:53pm

Pakistan

WhatsApp' decision to delay privacy changes a positive step: Fawad

The minister said Whatsapp’s decision to delay the change of privacy policy is certainly a positive step.

Published 16 Jan, 2021 06:53pm

Companies

After long journey, Fiat Chrysler and PSA seal merger to become Stellantis

It took over a year for the Italian-American and French automakers to finalise the $52 billion deal.
The merger between Peugeot S.A. and Fiat Chrysler Automobiles N.V. that will lead the path to the creation of Stellantis N.V. became effective today.

Published 16 Jan, 2021 06:50pm

Pakistan

Nishtar convenes consultation on upcoming One Window Ehsaas service

The meeting discussed that in order to ensure integrated beneficiary delivery service, a shift needs to be made for all socio-economic targeting to use Proxy Means Test.

Updated 16 Jan, 2021 06:52pm

Europe

Serbia receives million doses of China's Sinopharm COVID-19 vaccine

I would like to thank President Xi Jinping and Chinese leadership for sending us one million doses of the vaccine.
Hungary expects its medical regulator to approve use of the Sinopharm vaccine for mass inoculation.

Published 16 Jan, 2021 06:43pm

Pakistan

Delay in socio-economic uplift projects for Gwadar criticised

ISLAMABAD: Sub-Committee of the Parliamentary Committee on the China-Pakistan Economic Corridor (CPEC) expressed...

Updated 16 Jan, 2021 06:49pm

Europe

UK airports call for 'urgent' government support after travel rules tightened

All travellers to Britain must have a recent negative COVID-19 test and quarantine at home for 10 days on arrival.
Airlines have been staying in business by taking on billions of pounds of debt which will need to be paid back.

Published 16 Jan, 2021 06:39pm

Africa

Uganda's Museveni declared winner of presidential poll, rival alleges fraud

Ugandan President Yoweri Museveni won a decisive re-election victory on Saturday, elections officials said, but his main rival Bobi Wine alleges widespread fraud.
Museveni won 5.85 million votes, or 58.6%, while main opposition candidate Wine had 3.48 million votes (34.8%), the Electoral Commission said at a news conference on the final results from Thursday’s election.

Updated 16 Jan, 2021 06:40pm

Commodities

Ukraine wheat flour exports fall by 56pc in H1 2020/21

Export volume totalled 79,500 tonnes and the main destination was United Arab Emirates with imports of 15,300 tonnes.
Exports reached 182,500 tonnes during the same period of the previous season.

Published 16 Jan, 2021 06:37pm

USA

US state capitals on edge for armed protests as Trump presidency nears end

The FBI has warned police agencies of possible armed protests at all 50 state capitols starting Jan. 16 through President-elect Joe Biden's inauguration on Jan. 20.
Intelligence indicated "violent extremists" may seek to exploit planned armed protests in Austin to "conduct criminal acts."

Published 16 Jan, 2021 06:31pm

South Asia

Indonesian Semeru volcano erupts, spews ash 5kms into sky

Indonesia has nearly 130 active volcanoes, more than any other country, and while many show high levels of activity it can be weeks or even months before an eruption.
The Semeru mountain erupted at just past 5 p.m. local time. Videos posted on social media showed grey ash clouds towering over houses.

Published 16 Jan, 2021 06:25pm

South Asia

Philippines, China vow cooperation for post-pandemic recovery

Philippines President Rodrigo Duterte in March imposed one of the world's longest and strictest lockdowns to contain the virus.
"As a friend of the Philippines and your closest neighbour, we will firmly stand with the people of the Philippines until the defeat of this virus," Wang said.

Published 16 Jan, 2021 06:21pm

Pakistan

Pakistan approves AstraZeneca COVID-19 vaccine for emergency use

The Chinese vaccine has not yet been approved by the Drug Regulatory Authority of Pakistan (DRAP).
DRAP granted emergency use authorisation to AstraZeneca's COVID vaccine.
The vaccine company's Ad5-nCoV COVID-19 candidate is currently nearing completion of phase III clinical trials in Pakistan.

Published 16 Jan, 2021 06:15pm

Europe

France, Britain, Germany rebuke Iran over uranium metal work

We strongly encourage Iran to end this activity, and return to full compliance with its commitments under the Joint Comprehensive Plan of Action (Iran nuclear deal) without delay.

Published 16 Jan, 2021 06:11pm

Pakistan

Lockdown imposed in more areas of Peshawar

On Friday, the National Command and Operation Centre (NCOC) said that at 13.62 %, Peshwar has the second-highest positivity rate of COVID-19 cases in the country.
During the past 24 hours, Khyber Pakhtunkhwa reported 277 new cases and 11 deaths from the virus.

Updated 16 Jan, 2021 06:12pm

Pakistan

Climbers reach historic height during K2 winter expedition

Over 300 climbers during the spring and summer have climbed to the top of the mountain.
The world’s second highest peak has never been climbed during the winter.

Updated 16 Jan, 2021 06:11pm

USA

Pompeo pushes new claim of China covering up Covid origin

Covid-19 was first detected in Wuhan in late 2019 and has since billowed out across the world killing more than two million people so far.

Published 16 Jan, 2021 06:06pm

Sports

Skoda Auto says will not sponsor ice hockey world cup in Belarus

We've been a proud partner for 28 years. But we also respect & promote all human rights.
"Therefore, SKODA will withdraw from sponsoring the 2021 IIHF Ice Hockevy World Championship if Belarus is confirmed to be co-hosting the event," Skoda said.

Published 16 Jan, 2021 06:06pm

Africa

UN peacekeeper killed in Central African Republic

Guterres urged all parties to immediately stop the violence and resolve their differences through peaceful means.

Published 16 Jan, 2021 06:04pm

Europe

Centrist Laschet picked to lead Merkel's divided CDU party

Centrist beats arch-conservative Merz in runoff.
On course to run as chancellor candidate in Sept.
Merkel to stand down after that vote.
Her conservatives yet to unify around a successor.

Published 16 Jan, 2021 06:04pm

USA

Florida governor calls up National Guard ahead of Biden inauguration

Trump has built a strong base in the battleground state of Florida, thanks to support from rural white voters and far-right Latinos.

Published 16 Jan, 2021 06:02pm

Africa

Uganda's Museveni declared winner of presidential poll-election commission

Museveni won 5.85 million votes, or 58.64%, of the total, while main opposition candidate Bobi Wine won 3.48 million votes (34.83%).

Published 16 Jan, 2021 05:59pm

USA

Trump to leave town early Wednesday before Biden inauguration

Trump will be the first president in a century and a half to snub the inauguration of his successor.

Published 16 Jan, 2021 06:00pm

USA

Biden elevates science post to cabinet level

Eric Lander, a geneticist who helped map the human genome, will head the White House Office of Science and Technology Policy (OSTP) and advise Biden.

Published 16 Jan, 2021 05:57pm

South Asia

Five Hong Kong democracy protesters seek asylum in the US

HKDC said it had welcomed a group of young activists to America this week and their journey had been "arduous and perilous".

Published 16 Jan, 2021 05:56pm

Europe

UK eyes one-off COVID-19 grant instead of permanent benefit hike

British welfare benefits for working-age adults are low compared with elsewhere in Europe.
The weekly increase to Universal Credit, which is paid to nearly six million working-age households affected by unemployment or low income.

Published 16 Jan, 2021 05:56pm

Pakistan

Nepali team creates history by scaling K2 in winter

The group stopped 10m below the top, and took the final steps together to be on the top simultaneously.
K2 was the last of the fourteen 8,000-meter peaks not summited in winter.

Updated 16 Jan, 2021 05:59pm

South Asia

'Friend' China to donate one million vaccine doses to Cambodia: PM

Cambodia has long been a staunch ally of Beijing, receiving billions of dollars in soft loans and investment from China.

Published 16 Jan, 2021 05:53pm

Europe

Russia to reopen air travel with Finland, Vietnam, India and Qatar

The early weeks of the pandemic, would restart from Jan 27, after certain epidemiological criteria were met.
The four countries were seeing fewer than 40 new cases per fortnight per 100,000 people.

Updated 16 Jan, 2021 05:55pm

South Asia

Hong Kong government slams US for 'insane' sanctions

Three Hong Kong security officials were also hit by the sanctions, which restrict any US transactions with them.

Published 16 Jan, 2021 05:50pm

South Asia

Hunt for buried survivors after Indonesia quake

Nearly 200 people were hospitalised for serious injuries, local authorities said.

Published 16 Jan, 2021 05:47pm

Pakistan

Stranded PIA passengers of seized plane to reach Pakistan tonight

Out of 172 passengers, 118 will reach Islamabad airport today at 11 pm via flight no EA-614. Meanwhile, 54 more passengers will be brought back via flight no QR-632 at 1:40 am.
The staff of the PIA is taking care of the stranded passengers in Dubai and Doha, said the spokespersons.

Updated 16 Jan, 2021 05:51pm

World

World migration down 30 percent due to pandemic: UN

Some 281 million people were living outside their country of origin in 2020.

Published 16 Jan, 2021 05:44pm

Sports

England's Root hits double century against Sri Lanka

The 321 ball innings with a six and 18 fours played a crucial role in England building a 286 run first innings lead over Sri Lanka.

Published 16 Jan, 2021 05:41pm

Sports

Rain ends second day's play with final Australia-India Test in the balance

Sharma had been in full flow, striking 44 stylish runs from 74 deliveries with six boundaries.

Published 16 Jan, 2021 05:39pm

South Asia

Taliban kill 12 pro-govt militiamen in Afghanistan insider attack

Violence has surged across Afghanistan in recent months which has been rocked by a new trend of targeted killings.

Published 16 Jan, 2021 05:37pm

South Asia

India starts huge vaccine drive as global virus deaths top 2 million

India, home to 1.3 billion people, has the world's second-largest caseload.

Published 16 Jan, 2021 05:35pm

Pakistan

Punjab govt issues fresh instructions for school opening from Monday

It said that rules have been developed in line with the federal education ministry’s notification issued on January 5.
Students from all the educational institutes will attend classes on alternative days. The student ratio must remain at a 50% on each day, read the notification.

Updated 16 Jan, 2021 05:37pm

Africa

Uganda's Museveni on track for sixth term as president

The poll followed one of the most violent campaigns in years, with harassment and arrests of the opposition, attacks on the media and the deaths of at least 54 people.

Published 16 Jan, 2021 05:32pm

South Asia

Taliban praise continued US troop withdrawal from Afghanistan

The US invaded Afghanistan on October 7, 2001, in the wake of the 9/11 attacks.

Published 16 Jan, 2021 05:29pm

Europe

Merkel ally wins race to lead her party

A third hopeful, foreign affairs expert Norbert Roettgen, was knocked out of the race.

Published 16 Jan, 2021 05:27pm

Middle East

Iran test-fires ballistic missiles on targets at sea

The missiles were fired from central Iran with the targets located in the "northern Indian Ocean," the Guards said.

Published 16 Jan, 2021 05:17pm

Europe

Serbia gets Chinese-made Sinopharm jabs

Serbia has registered nearly 370,000 infections and more than 3,700 deaths from the novel coronavirus.

Published 16 Jan, 2021 05:15pm

USA

US carries out last federal execution of Trump era: reports

The Trump administration resumed federal executions in July following a 17-year hiatus, carrying them out at an unprecedented rate.

Published 16 Jan, 2021 05:13pm

USA

Thousands of US-bound Honduran migrants cross border into Guatemala

BMore than a dozen caravans, some with thousands of migrants, have set off from Honduras since October 2018.

Published 16 Jan, 2021 05:10pm

Sports

Bangladesh call up uncapped trio for West Indies ODIs

West Indies will also play two Test matches against the hosts during their tour.

Published 16 Jan, 2021 05:09pm

Europe

Coronavirus toll at 1100 GMT Saturday

At least 93,803,240 cases of coronavirus have been registered. Of these, at least 57,889,800 are now considered recovered.

Published 16 Jan, 2021 05:08pm

Europe

Germany says answered Russia call for aid in Navalny probe

Navalny was evacuated to Berlin in late August for treatment after he fell violently ill on a flight from Siberia to Moscow.

Published 16 Jan, 2021 05:08pm

Pakistan

Presidential reference: ECP opposes Senate polls through open ballot

“Pakistan’s Constitution of 1973 does not allow open ballot elections for Senate,” says ECP.
It said that Senate elections would be held as per the constitution of 1973.

Published 16 Jan, 2021 05:03pm

South Asia

Taliban praise U.S troop withdrawal from Afghanistan

The Taliban welcomed the expedited withdrawal of U.S troops from Afghanistan, calling the continued reduction of American forces a "good advancement" even as fighting rages across the war-torn country.
The Taliban's statement came just a few hours after the Pentagon announced that it had reduced troop levels in Afghanistan down to 2500, the lowest after nearly two decades of fighting.

Updated 16 Jan, 2021 04:58pm

USA

Retired doctors and more syringes: Biden lays out plan to get America vaccinated

Under Biden’s plan, federal disaster-relief workers would set up thousands of vaccination centers, where retired doctors would administer shots to teachers, grocery store workers, people over 65 years old and other groups who do not currently qualify.
Biden said his team has identified companies that are ready to be activated under the law, which enables the president to order businesses to produce items necessary for national defense.

Published 16 Jan, 2021 03:47pm

Companies

Route2Health becomes Asia’s first herbal & dietary supplement manufacturer with a USP GMP Audit Certificate

Route2Health's manufacturing facility at Sundar Industrial Estate passed a Good Manufacturing Practice (GMP) audit conducted through the United States Pharmacopeia (USP) GMP Audit Program.

Updated 16 Jan, 2021 03:50pm

Pakistan

Indus Hospital denies Global Fund allegations of misappropriation of funds

Dr. Abdul Bari Khan, the Chief Executive Officer at the Indus Hospital, rejected all such reports, terming them "misleading, exaggerated and not based on facts".
Yesterday, The Global Fund, international financing and partnership organization, claimed that Indus hospital had committed a $4.2 million procurement fraud from a grant that was meant to eradicate tuberculosis (TB).

Updated 16 Jan, 2021 03:41pm

Sports

Pakistan and South Africa set to resume Test rivalry

Both sides met for the first time in 1995 and last in 2019 at Wanderers Stadium in Johannesburg.
South Africa came out as winners in the last Test match between the two teams in Karachi.

Updated 16 Jan, 2021 03:34pm

Sports

Aleem Dar and Ahsan Raza to umpire South Africa Tests

Elite panelist Aleem Dar has umpired in a record 132 Tests since making his debut in 2003 in Dhaka, while Ahsan part of the international panel has umpired in 37 ODIs and 57 T20Is to date.
“It will definitely be an emotional moment for me to umpire in a Test involving Pakistan," says Aleem Dar.

Published 16 Jan, 2021 02:42pm

Business & Finance

COVID-19 pressures U.S. retail sales; manufacturing shines

The ebbing economic momentum, which appears to have spilled over into the new year, could persuade the U.S. Congress to agree to President-elect Joe Biden’s ambitious $1.9 trillion fiscal stimulus plan.

Published 16 Jan, 2021 02:15pm

Asia

Arnab Goswami celebrated Pulwama attack, knew Modi would do "something major" to sweep polls

According to screenshots of a WhatsApp conversation between ex-CEO of BARC Pratho Dasgupta, Goswami rejoiced and wrote to Dasgupta how the attack helped his channel.
'This attack we have won like crazy,' Goswami wrote to Dasgupta.

Updated 16 Jan, 2021 02:04pm

Pakistan

IPRI launches lecture series to highlight the Impact of climate change on national security

Discussing high resource dependency ratios of Pakistan and Bangladesh, Dr Saleem recommended that both countries can have a joint negotiation strategy to deal with India and China.
Dr Saleem was of the opinion that Pakistan needs to internalise climate change planning within national defense and security establishment.

Published 16 Jan, 2021 01:51pm

Technology

Pakistan terms WhatsApp privacy policy postponement ‘a positive step’

He said that companies like Facebook effect too many people and “it’s important that in critical decision making involve wider section of consumers and data protection must be ensured at all times.”

Published 16 Jan, 2021 12:59pm

Business & Finance

Petroleum Division open bids for 20 Onshore Blocks

Apart from E&P activities, the successful companies will also spend over USD 1.3 million in social welfare for the areas of their respective Blocks.
Meanwhile, for blocks that have made discoveries, investments of several hundred million dollars will be made by these companies to develop the production.

Published 16 Jan, 2021 12:32pm

Business & Finance

Pakistan all set to meet Kuwait skilled manpower demands

The ambassador hope that the number of Pakistani laborers in Kuwait would increase in the future.

Published 16 Jan, 2021 12:00pm

World

23 people die in Norway after receiving first dose of Pfizer vaccine

Results suggest that common side effects may have contributed to severe reactions in frail, elderly people.
The Norwegian Institute of Public Health said that it has updated the coronavirus vaccination guide with more detailed advice on vaccinating the elderly who are frail.

Published 16 Jan, 2021 11:32am

Technology

Amid public backlash WhatsApp extends data sharing deadline till May

“We will make sure users have plenty of time to review and understand the terms. Rest assured we never planned to delete any accounts based on this and will not do so in the future,” WhatsApp added.

Published 16 Jan, 2021 11:17am

Pakistan

Pakistan reports 2,793 COVID-19 recoveries in 24 hours

So far, 472,099 people have recovered from the virus.
2,432 people also tested positive for the virus.

Updated 16 Jan, 2021 11:02am

Technology

COVID-19, network upgrade fuel Pakistan’s Telecom sector growth in 2020: PTA

A surge in demand for telecom services due to lockdown resulted in significant growth not only in the subscriber base also in the usage of telecom services.
In the last five years, total broadband subscription in the country grew by 175pc.

Published 16 Jan, 2021 10:38am

CPEC’s Rashakai SEZ: BoI body approves first land allotment to foreign firm

ISLAMABAD: The Special Economic Zone (SEZ) Committee of the Board of Investment (BoI) approved first allotment to a...

Updated 16 Jan, 2021 03:30am

Rates

Revised Rates of Debt Securities

KARACHI: The following were the revised rates of debt securities on Friday (January 15, 2021)....

Updated 16 Jan, 2021 03:29am

Rates.The Rupee

THE RUPEE: Overall loss

KARACHI: On Friday, Pakistan Rupee went down against US Dollar in both interbank and open markets. It also went down...

Updated 16 Jan, 2021 03:29am

Forex

Kerb buying and selling rate of US dollar

KARACHI: Dollar buying and selling rate in the kerb market in rupees on Friday (January 15, 2021)....

Updated 16 Jan, 2021 03:29am

Forex

Dollar's rate in interbank market

KARACHI: Interbank closing rates for dollar on Friday (January 15, 2021). ======================== Bid Rate ...

Updated 16 Jan, 2021 03:29am

Rates.Ports

Shipping Intelligence

KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (January 15, 2021)....

Updated 16 Jan, 2021 03:29am

Commodities

Pakistan Mercantile Exchange - PMEX

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

Updated 16 Jan, 2021 03:29am

Paper

Lahore Paper Market Rates

LAHORE: Paper market rates in rupees on Friday (January 15, 2021). ======================================= Offset...

Updated 16 Jan, 2021 03:29am

Grains

Lahore Grain Market Rates

LAHORE: Grain and other commodity rates in rupees on Akbari Mandi on Friday (January 15, 2021)...

Updated 16 Jan, 2021 03:29am

Pakistan

The Weather

KARACHI: The weather report on Friday (January 15, 2021) and the forecast for Saturday (January 16, 2021)....

Updated 16 Jan, 2021 03:29am

Life & Style

Aaj TV - Saturday's schedule

All timings are in PST (Pakistan Standard Time)

Updated 16 Jan, 2021 03:29am

Yarn Prices

Karachi Yarn Market Rate

KARACHI: Karachi Yarn Market Rates on Friday (January 15, 2021). ======================================= CONES...

Updated 16 Jan, 2021 03:29am

Pakistan

Broadsheet scandal: Ministerial probe body involved in plunder, claims Abbasi

ISLAMABAD: The Pakistan Muslim League-Nawaz (PML-N) senior vice president and former prime minister Shahid Khaqan...

Updated 16 Jan, 2021 03:29am

Pakistan

Violations of electoral code of conduct: ECP orders action against SNGPL officials

ISLAMABAD: The ECP has directed the SNGPL to initiate action against its officials concerned found involved in...

Updated 16 Jan, 2021 03:29am

Pakistan

Elahi elected president of Punjab PML

LAHORE: Former Punjab Chief Minister Ch Parvez Elahi and Kamil Ali Agha have been elected as President and Secretary...

Updated 16 Jan, 2021 03:29am

Pakistan

Campaign against oil smuggling: 609 pumps sealed, 4.5m liters of petrol, diesel seized

ISLAMABAD: The government has sealed 609 petrol pumps and seized about 4.5 million liters of petrol as well as...

Updated 16 Jan, 2021 03:29am

Business & Finance

Transit trade: Gwadar port to help country become regional hub: President

ISLAMABAD: President Dr Arif Alvi said that the development of Gwadar port will help Pakistan become a regional hub...

Updated 16 Jan, 2021 03:28am

Pakistan

President for promotion of ties with Mexico

ISLAMABAD: President Dr Arif Alvi has asked ambassador-designate of Pakistan to Mexico to make concerted efforts for...

Updated 16 Jan, 2021 03:28am

Pakistan

Aza Khel dry port inaugurated

PESHAWAR: Collector Customs Muhammad Asif Jah has formally inaugurated the Aza khel pir pai dry port. A statement...

Updated 16 Jan, 2021 03:28am

Pakistan

Covid-19: ‘Considerable number of containers could not be cleared from port’

ISLAMABAD: A meeting of the sub-committee of the National Assembly Standing Committee on Finance has been informed...

Updated 16 Jan, 2021 03:28am

Pakistan

IHC issues notices to centre, others for enacting MDI Ordinance

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the federation and others for enacting Medical Teaching...

Updated 16 Jan, 2021 03:28am

Pakistan

Ehsaas digital survey launched in Rawalpindi district: Dr Sania

ISLAMABAD: Special Assistant to the Prime Minister on Poverty Alleviation and Social Protection Dr Sania Nishtar on...

Updated 16 Jan, 2021 03:28am

Taxes

Federal budget: FBR’s priority is to get rid of excessive taxation: official

KARACHI: Member Inland Revenue, Operations, Federal Board of Revenue (FBR), Dr. Muhammad Ashfaq Ahmad, has said that...

Updated 16 Jan, 2021 03:28am

Industry

FPCCI, APRA urge govt to allow restaurants restart services

KARACHI: Mian Nasser Hyatt Maggo, President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and...

Updated 16 Jan, 2021 03:28am

Money & Banking

NBP, Al-Ghazi Tractors sign MoU

KARACHI: A Memorandum of Understanding (MOU) has been signed between National Bank of Pakistan (NBP) and Al-Ghazi...

Updated 16 Jan, 2021 03:28am

Industry

PYMA team visits KE, urges govt to implement reduced tariff

KARACHI: Senior Vice Chairman of Pakistan Yarn Merchants Association (PYMA), Muhammad Hanif Lakhany and Vice ...

Updated 16 Jan, 2021 03:28am

Pakistan

Balochistan govt initiates construction work on beach parks

QUETTA: Balochistan government was working to set up four Beach Parks at the coastal belt in a bid to unlock the...

Updated 16 Jan, 2021 03:28am

Pakistan

Opposition, govt debate law & order situation in Sindh

KARACHI: Opposition in the Sindh Assembly expressed apprehension over ‘deteriorating’ law and order in the...

Updated 16 Jan, 2021 03:28am

Business & Finance

‘Pakistan has the potential to export processed citrus products’

KARACHI: “Pakistan has the potential to export processed citrus products and potato fries and chips, however the...

Updated 16 Jan, 2021 03:28am

Pakistan

Hyderabad DC takes notice of hike in flour price

HYDERABAD: The Deputy Commissioner Hyderabad Faud Ghaffar Soomro has taken serious notice of Flour price hike in...

Updated 16 Jan, 2021 03:28am

World

Vaccine rollout delayed in Europe as global Covid deaths near 2m

• ‘Miracle’ drug ivermectin unproven against Covid, scientists warn PARIS: Pfizer-BioNTech said on Friday...

Updated 16 Jan, 2021 03:28am

South Asia

Taliban kill 9 Afghan security personnel

KUNDUZ: At least nine Afghan security personnel were killed when Taliban militants attacked two police checkpoints...

Updated 16 Jan, 2021 03:28am

World

US troop levels cut to 2,500 each in Afghanistan and Iraq

WASHINGTON: The US military has cut troop levels in Afghanistan and Iraq to 2,500 each, their lowest levels in the...

Updated 16 Jan, 2021 03:28am

Money & Banking

Large US banks eye improving economy after rocky 2020

NEW YORK: Large US banks reported Friday a mixed fourth quarter to conclude a turbulent year, but expressed optimism...

Updated 16 Jan, 2021 03:28am

Asia

North Korea shows off new submarine-launched missile

SEOUL: Nuclear-armed North Korea unveiled a new submarine-launched ballistic missile at a military parade in...

Updated 16 Jan, 2021 03:28am

Europe

Dutch govt quits over child benefits scandal

THE HAGUE: Dutch Prime Minister Mark Rutte’s government resigned on Friday over a child benefits scandal,...

Updated 16 Jan, 2021 03:28am

World

Russia says leaving Open Skies military treaty

MOSCOW: Russia on Friday said it was withdrawing from the Open Skies treaty, undermining a post-Cold War defence...

Updated 16 Jan, 2021 03:28am

Pakistan

Peak of coronavirus: Production of cigarettes increases by 9.4pc in Punjab

ISLAMABAD: The production of cigarettes and its sales/stocks have increased by 9.4 percent and 19.2 percent,...

Updated 16 Jan, 2021 03:27am

Pakistan

PTI admitted receiving foreign funding from shady donors, says Nafisa

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has admitted that it has been receiving foreign funding from shady donors,...

Updated 16 Jan, 2021 03:19am

Industry

Delta Air Lines reports $12.4bn loss

NEW YORK: Delta Air Lines reported another quarterly loss Thursday to conclude what its CEO called “the toughest...

Published 16 Jan, 2021 02:56am

Industry

US retail sales fall; manufacturing shines

WASHINGTON: US retail sales fell for a third straight month in December as renewed measures to slow the spread of...

Published 16 Jan, 2021 02:56am

Asia

Powerful Indonesia quake kills at least 42, topples buildings

JAKARTA: A powerful earthquake rocked Indonesia’s Sulawesi island Friday, killing at least 42 people, levelling a...

Published 16 Jan, 2021 02:56am

Business & Finance

UK economy slumps

LONDON: Britain’s economy slumped 2.6 percent in November on coronavirus restrictions, official data showed ...

Published 16 Jan, 2021 02:56am

South Asia

Iran’s Guards hold missile, drone drill

TEHRAN: Iran’s Revolutionary Guards on Friday launched a missile and drone drill in central Iran, their official...

Published 16 Jan, 2021 02:56am

Energy

Turkmenistan opens gas pumping station with eye on China

ASHGABAT: Turkmenistan on Friday opened a gas compressor station it hopes will help boost natural gas supplies to...

Published 16 Jan, 2021 02:56am

Energy

Exxon probed over Permian Basin valuation

NEW YORK: US stock market regulators have begun an investigation of energy giant Exxon over the valuation for its...

Published 16 Jan, 2021 02:56am

Pakistan

PM has directed me not to renew Nawaz’s passport: Rashid

LAHORE: Advising the Pakistan Democratic Movement (PDM) head Maulana Fazlur Rehman to refrain from creating division...

Published 16 Jan, 2021 02:56am

Opinion

PARTLY FACETIOUS; Govts always need experts and expertise

“The Khan is particularly enamoured of the idea of hiring experts….wait, wait, let me finish, and I support it...

Published 16 Jan, 2021 02:56am

Pakistan

Field teams: PFA introduces pilot project of live surveillance

LAHORE: The Chief Minister of Punjab has approved the project proposal of a live monitoring system for food safety...

Published 16 Jan, 2021 02:56am

Pakistan

Erstwhile FATA: UNDP wants to conduct study on electrification of merged areas

ISLAMABAD: The United Nations Development Program (UNDP) has expressed its interest to conduct a study on...

Published 16 Jan, 2021 02:56am

Pakistan

Removal from ECL: IHC defers hearing in Durrani’s petition

ISLAMABAD: The Islamabad High Court (IHC) Friday deferred the hearing in former Inter-Services Intelligence (ISI)...

Published 16 Jan, 2021 02:56am

Pakistan

There is no let-up in spread of Covid-19 in Punjab

LAHORE: There is no let up in the spread of coronavirus, as 661 fresh corona cases and 22 deaths were reported ...

Published 16 Jan, 2021 02:56am

Pakistan

Preparations for protest outside ECP on 19th finalised: Kaira

LAHORE: President Pakistan Peoples Party-Punjab Qamar Zaman Kaira said on Friday that preparations for a January 19...

Published 16 Jan, 2021 02:56am

Sports

Nine uncapped players included: 20-member squad for Test series against South Africa

LAHORE: Pakistan Cricket Board (PCB) has announced a 20-member squad including nine uncapped players for the ...

Published 16 Jan, 2021 02:56am

Money & Banking

Dollar up as markets turn risk-averse in Europe

LONDON: Currency markets turned risk-averse on Friday, with the dollar on track for its biggest weekly gain since...

Published 16 Jan, 2021 02:56am

Money & Banking

Sterling falls but set for weekly gain

LONDON: Sterling fell on Friday, taking a hit from a deteriorating global risk backdrop, though data showing...

Published 16 Jan, 2021 02:56am

Money & Banking

Aussie, kiwi up

SYDNEY: The Australian and New Zealand dollars stood firm on Friday as the promise of massive US fiscal stimulus...

Published 16 Jan, 2021 02:56am

Commodities

Gold steadies in Europe

LONDON: Gold prices held steady on Friday, trapped between pressure from a firm dollar and high Treasury yields and...

Published 16 Jan, 2021 02:56am

Commodities

Palm oil logs 10pc fall

KUALA LUMPUR: Malaysian palm oil futures fell as much as 3% on Friday and logged their biggest weekly decline in 10...

Published 16 Jan, 2021 02:56am

Rates.LIBOR

LIBOR interbank offered rates

LONDON: London Interbank Offered Rates (LIBOR) on Friday (January 15, 2021)

Published 16 Jan, 2021 02:56am

Energy

Oil falls as China lockdown, US unemployment data temper gains

LONDON: Oil prices fell on Friday as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered...

Published 16 Jan, 2021 02:56am

Commodities

Copper retreats, zinc up

LONDON: Copper prices dropped on Friday and zinc touched the lowest in nearly two months as investors trimmed some ...

Published 16 Jan, 2021 02:56am

Industry

France’s PSA sales slump

PARIS: France’s PSA, in the process of merging with Fiat Chrysler, said Thursday its 2020 sales plunged 27.8...

Published 16 Jan, 2021 02:56am

Business & Finance

Germany avoids record economic plunge in 2020

BERLIN: Germany’s economy shrank by 5.0% in 2020, less than expected and a smaller contraction than during the...

Published 16 Jan, 2021 02:56am

Cotton & Textile

Trade activity remains firm on cotton market

KARACHI: The local cotton market remained stable on Friday. Market sources told that trading volume was low. ICE...

Published 16 Jan, 2021 02:56am

Cotton & Textile

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (January 15, 2021)....

Published 16 Jan, 2021 02:56am

Commodities

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Thursday, posting their seventh gain in eight sessions on soaring...

Published 16 Jan, 2021 02:56am

Rates.Ports

Activities of Karachi Port and Port Qasim

KARACHI: The Karachi Port handled 171,241 tonnes of cargo comprising 139,959 tonnes of import cargo and 31,282 ...

Published 16 Jan, 2021 02:56am

Commodities

CBOT soyabean futures rise

CHICAGO: Chicago Board of Trade soyabean futures rose 1.7% on Thursday, supported by signs of strong demand from ...

Published 16 Jan, 2021 02:56am

Energy

US natural gas futures fall on mild weather

NEW YORK: US natural gas futures fell to their lowest in a week on Thursday on forecasts for milder weather and less...

Published 16 Jan, 2021 02:56am

Commodities

PMEX daily trading report

KARACHI: On Thursday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 8.299...

Published 16 Jan, 2021 02:56am

Money & Banking

PLS profit rates

KARACHI: The following banks have declared the rates of profit for the period of six months ended December 31, ...

Published 16 Jan, 2021 02:56am

AAG tells SHC: PIDA Ordinance 2020 has expired

KARACHI: The Sindh High Court (SHC) on Friday issued a notice to the federal government seeking its reply over the...

Published 16 Jan, 2021 02:56am

Musharraf’s mother passes away in Dubai

ISLAMABAD: The mother of former president Gen Pervez Musharraf (retd) passed away on Friday in Dubai, the All...

Published 16 Jan, 2021 02:56am

SPI down 0.22pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended January 14, 2021 recorded a decrease of 0.22...

Published 16 Jan, 2021 02:56am

SBP discontinues requirement of SAQs

KARACHI: The State Bank of Pakistan (SBP) Friday discontinued the requirement of the Self-Assessment Questionnaires...

Published 16 Jan, 2021 02:56am

Foreign Funding case: PTI urges ECP to hold proceedings on daily basis

ISLAMABAD: The ruling party PTI moved the Election Commission of Pakistan (ECP) on Friday to hold hearing of Foreign...

Published 16 Jan, 2021 02:56am

July-Dec 2020-21: Textile group exports increase by 7.79pc

ISLAMABAD: The country’s textile group exports have registered an increase of 7.79 percent in the first half of...

Published 16 Jan, 2021 02:56am

Editorials

The blackout

EDITORIAL: When you run a power supply system with extremely old transmission and distribution networks that are...

Published 16 Jan, 2021 02:56am

Editorials

Govt makes tough calls when times get hard?

EDITORIAL: The federal government employees have been demanding – through protracted demonstrations – the...

Published 16 Jan, 2021 02:56am

Stocks

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local

Published 16 Jan, 2021 02:56am

Opinion

Supremacy of state institutions

In the last couple of days, much has happened in the United States of America. A politically charged mob, reported ...

Published 16 Jan, 2021 02:56am

Opinion

Advance tax, refunds & compensation — II

In section 171(2)(c) of the Ordinance, it is provided that “in any other case, on the date the refund order is...

Published 16 Jan, 2021 02:56am

Opinion

Cold weather, sky-high gas prices burnish coal’s appeal

A perfect storm of freezing temperatures and a supply-led gas price rally has stoked thermal coal demand, with ...

Published 16 Jan, 2021 02:56am

Letters

Unpleasant courses of actions

This is apropos a Business Recorder news item “Govt avoids making power tariff hike announcement” carried by the...

Published 16 Jan, 2021 02:56am

Afghan peace process: India acting as spoiler: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi Friday said that India was making a vicious attempt of using Afghan...

Published 16 Jan, 2021 02:56am

Biden unveils plan to pump $1.9trn into pandemic-hit economy

WILMINGTON, Del.: President-elect Joe Biden outlined a $1.9 trillion stimulus package proposal on Thursday, saying...

Published 16 Jan, 2021 02:56am

Rates.BR Index

KSE-100 Index rangebound: BRIndex100 extends losses

KARACHI: Pakistan Stock Exchange after moving both ways, closed on a negative note due to selling, mainly by local...

Published 16 Jan, 2021 02:56am

PM describes agri sector as ‘top priority’

LAHORE: Prime Minister Imran Khan on Friday said that the development and modernization of the agriculture sector ...

Published 16 Jan, 2021 02:56am

Auction of oil, gas exploration blocks: Tender will be opened next Friday: minister

ISLAMABAD: Tender for the auction of 20 new oil and gas exploration blocks would be opened on coming Friday while...

Published 16 Jan, 2021 02:56am

POL products’ prices hiked

ISLAMABAD: The federal government Friday notified increase in the prices of petroleum products for the second half ...

Published 16 Jan, 2021 02:56am

FBR shares draft of Free Zone with Law Division: Investors to have legal document on tax exemptions

ISLAMABAD: The Federal Board of Revenue (FBR) has shared draft of the Gwadar Port and Free Zone Rules 2021 with the...

Published 16 Jan, 2021 02:56am

Energy

SNGPL suspends gas supply

LAHORE: Sui Northern Gas has decided to suspend gas supply to non-export general industry for 24 hours. According to...

Published 16 Jan, 2021 02:56am

‘Seizure’ took place after passengers had boarded aircraft

ISLAMABAD/KARACHI: The PIA plane was seized after passengers had already boarded the aircraft. According to sources,...

Published 16 Jan, 2021 02:56am

Rs400m approved for establishing additional accountability courts

ISLAMABAD: The Federal Cabinet has approved an amount of Rs 400 million for establishment of additional 30...

Published 16 Jan, 2021 02:56am

Punjab CM briefs PM about performance

LAHORE: Punjab Chief Minister Sardar Usman Buzdar called on Prime Minister Imran Khan, here Friday and discussed...

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI Managed Growth Fund Rates

KARACHI: Jubilee Life Insurance Managed Growth Fund Rates on Friday (January 15, 2021). ========================...

Published 16 Jan, 2021 02:54am

Govt wakes up to dire need for police reforms

LAHORE: Asking the police personnel not to succumb to any political influence or pressure, Prime Minister Imran Khan...

Published 16 Jan, 2021 02:56am

Lease dispute: PIA plane ‘impounded’ in Malaysia

ISLAMABAD/KUALA LUMPUR: A Pakistan International Airlines (PIA) plane has been held back by Malaysian authorities ...

Published 16 Jan, 2021 02:56am

Pakistan

COAS visits Corps HQs Peshawar

RAWALPINDI: Chief of the Army Staff (COAS) General Qamar Javed Bajwa Friday visited Corps Headquarters Peshawar ...

Published 16 Jan, 2021 02:56am

Rates.SBP

State Bank of Pakistan conversion rates

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

Published 16 Jan, 2021 02:56am

Rates.LIBOR

LIBOR calculating interest on US dollar

KARACHI: London Interbank Offer Rates on for calculating interest on special US dollar on Friday (January 15, ...

Published 16 Jan, 2021 02:56am

Rates.SBP

Bill buying rates per unit of currency

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

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI Capital Growth Fund Rates

KARACHI: Jubilee Life Insurance Capital Growth Fund Rates on Friday (January 15, 2021). ========================...

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI MEESEQ Fund Rates

KARACHI: JLI Meesaq Fund Rates on Friday (January 15, 2021). ======================== Offer Price 1,216.5183 Bid...

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI YAQEEN GROWTH FUND RATES

KARACHI: JLI Yaqeen Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI MANAGED TAKAFUL FUND

KARACHI: JLI Managed Takaful Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.JLI

JLI CAPITAL GROWTH TAKAFUL FUND

KARACHI: JLI Capital Growth Takaful Fund Rates on Friday (January 15, 2021). ======================== Offer ...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU Managed Growth Fund Rates

KARACHI: EFU Managed Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU Pension Growth Fund Rates

KARACHI: EFU Pension Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU Capital Growth Fund Rates

KARACHI: EFU Capital Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU Aitemad Growth Fund Rates

KARACHI: EFU Aitemad Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU GUARANTEED GROWTH FUND RATES

KARACHI: EFU Guaranteed Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU AGGRESSIVE FUND RATES

KARACHI: EFU Aggressive Fund Rates on Friday (January 15, 2021). ======================== Offer Price 1,494.5998...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU TAKAFUL GROWTH FUND RATES

KARACHI: EFU Takaful Growth Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU TAKAFUL AGGRESSIVE FUND RATES

KARACHI: EFU Takaful Aggressive Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Rates.EFU

EFU TAKAFUL CONSERVATIVE FUND RATES

KARACHI: EFU Takaful Conservative Fund Rates on Friday (January 15, 2021). ======================== Offer Price...

Published 16 Jan, 2021 02:56am

Stocks

Dates of Closure of Books & Annual General Meetings

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

Published 16 Jan, 2021 02:56am

Rates.PSX

Clearing Schedule for T+2 System

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

Published 16 Jan, 2021 02:56am

Rates.PSX

Proposed right issues

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

Published 16 Jan, 2021 02:56am

Stocks

Last date of renunciation/payment

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

Published 16 Jan, 2021 02:56am

Currency	Rate
USD PKR Interbank Selling / Jun 22	278.42
USD PKR Interbank Buying / Jun 22	278.22
USD to Japanese Yen / Jun 22	161.56
USD to Swiss Franc / Jun 22	0.81
Pound Sterling to USD / Jun 22	1.32
Euro to USD / Jun 22	1.14
SOFR % / Jun 22	3.63

Stock	Volume
S&P 500 / Jun 22	7,472.79
India Sensex / Jun 22	77,094.07
Nasdaq / Jun 22	26,166.60
FTSE 100 / Jun 22	10,437.85
Dow Jones / Jun 22	51,712.71
Germany DAX 30 / Jun 22	25,139.69
France CAC40 / Jun 22	8,400.11
Tokyo Nikkei / Jun 23	71,682.16
Hang Seng / Jun 23	23,705.66

Item	Value
Crude Oil USD/Barrel / Jun 22	74.29
Karachi Cotton PKR/37.32 KG / Jun 22	18,780
Gold 10 Grams PKR / Jun 22	378,345
Gold Spot USD/Ounce / Jun 22	4,191.94
Cotton US¢/pound / Jun 22	79.41
Petrol/Litre / Jun 23	299.50
Diesel/Litre / Jun 23	311.47

Stock	Price
Ghani Chemworld Limited (R) / Jun 22 Ghani Chemworld Limited Right(GCWLR)	6.01 ▲ 1 (19.96%)
Gulshan Sp. / Jun 22 Gulshan Spinning Mills Limited(GSPM)	6.16 ▲ 0.63 (11.39%)
Dewan Farooque Sp. / Jun 22 Dewan Farooque Spinning Mills Limited(DFSM)	17.90 ▲ 1.63 (10.02%)
First Fid. Leasing / Jun 22 First Fidelity Leasing Modaraba(FFLM)	22.50 ▲ 2.05 (10.02%)
Ghani Chem. Ind. / Jun 22 Ghani Chemical Industries Limited(GCIL)	34.38 ▲ 3.13 (10.02%)
Oilboy Energy / Jun 22 Oilboy Energy Limited(OBOY)	21.97 ▲ 2 (10.02%)
Husein Industries / Jun 22 Husein Industries Limited(HUSI)	44.63 ▲ 4.06 (10.01%)
J.A.Textile / Jun 22 J.A. Textile Mills Limited(JATM)	27.70 ▲ 2.52 (10.01%)
TPL Insurance / Jun 22 TPL Insurance Limited(TPLI)	24.72 ▲ 2.25 (10.01%)
Crescent Cotton / Jun 22 Crescent Cotton Mills Limited(CCM)	42.20 ▲ 3.84 (10.01%)

Stock	Price
Millat Tractors / Jun 22 Millat Tractors Limited(MTL)	312.38 ▼ -294.88 (-48.56%)
Agritech Limited / Jun 22 Agritech Limited(AGL)	52.81 ▼ -5.4 (-9.28%)
Pak Synthetics / Jun 22 Pakistan Synthetics Limited(PSYL)	132.45 ▼ -11.99 (-8.3%)
National Silk / Jun 22 The National Silk & Rayon Mills Limited(NSRM)	207.79 ▼ -16.55 (-7.38%)
Quantum Data Tech. / Jun 22 Quantum Data Technologies Limited(QTECH)	42.84 ▼ -2.89 (-6.32%)
Zahid Jee Textile / Jun 22 Zahidjee Textile Mills Limited(ZAHID)	64.80 ▼ -4.27 (-6.18%)
Punjab Oil / Jun 22 Punjab Oil Mills Limited(POML)	169.88 ▼ -10.74 (-5.95%)
Kohinoor Ind. / Jun 22 Kohinoor Industries Limited(KOIL)	48.66 ▼ -2.88 (-5.59%)
Octopus Digital / Jun 22 Octopus Digital Limited(OCTOPUS)	36.20 ▼ -2.06 (-5.38%)
Ali Asghar / Jun 22 Ali Asghar Textile Mills Limited(AATM)	50.77 ▼ -2.71 (-5.07%)

Stock	Volume
WorldCall Telecom / Jun 22 Worldcall Telecom Limited(WTL)	59,558,108 ▼ -0.03
TPL Corp Ltd / Jun 22 TPL Corp Limited(TPL)	59,270,992 ▲ 0.8
TPL Properties / Jun 22 TPL Properties Limited(TPLP)	56,035,517 ▲ 0.71
Sui South Gas / Jun 22 Sui Southern Gas Company Limited(SSGC)	33,023,298 ▲ 0.91
Ghani Chem. Ind. / Jun 22 Ghani Chemical Industries Limited(GCIL)	30,194,155 ▲ 3.13
Oilboy Energy / Jun 22 Oilboy Energy Limited(OBOY)	27,894,240 ▲ 2
Loads Limited / Jun 22 Loads Limited(LOADS)	23,907,499 ▲ 0.32
Kohinoor Spinning / Jun 22 Kohinoor Spinning Mills Limited(KOSM)	21,866,447 ▼ -0.29
Dar-es-Salaam / Jun 22 Dar-es-Salaam Textile Mills Limited(DSML)	18,768,017 ▲ 2.05
Service Long March / Jun 22 Service Long March Tyres Limited(SLM)	18,498,415 ▲ 0.21