Print - 2020-01-26
Firdous vows to safeguard rights of media workers

Firdous vows to safeguard rights of media workers

Special Assistant to the PM on Information and Broadcasting Dr. Firdous Ashiq Awan has said that it is the foremost priority of government to safeguard due rights of media workers.
Published 26 Jan, 2020 12:00am
Combined income groups: SPI-based weekly inflation dips

Combined income groups: SPI-based weekly inflation dips

Sensitive Price Indicator (SPI)-based weekly inflation for the combined income groups during the week ended on January 23 has dipped by 0.40 percent against week ended on January 16, 2020; however, SPI on annual basis climbed up by 19.69 percent, said SPI
Published 26 Jan, 2020 12:00am
129,301 vacant posts: Government may not be able to achieve target

129,301 vacant posts: Government may not be able to achieve target

The federal government may not be able to achieve the target of filling 129,301 vacant posts in different ministries, divisions and subordinate organizations within four months as the Parliament is yet to clear a bill pertaining to job quota, sources said
Published 26 Jan, 2020 12:00am
Pakistan conveys condolences

Pakistan conveys condolences

The government and the people of Pakistan Saturday conveyed their condolences over reported loss of precious lives due to a high intensity earthquake which jolted eastern part of Turkey.
Published 26 Jan, 2020 12:00am
Pakistan clinch T20 series against Bangladesh

Pakistan clinch T20 series against Bangladesh

Pakistan won the three-match Twenty20I series against Bangladesh by comfortably winning the second match here at Lahore's Gaddafi Stadium on Saturday.
Published 26 Jan, 2020 12:00am
Virus outbreak: Xi warns of 'grave' situation

Virus outbreak: Xi warns of 'grave' situation

President Xi Jinping warned Saturday that China was facing a "grave" situation as authorities took urgent action to halt the spread of a virus that has killed 41 people and is overwhelming hospitals at the epicentre of the health emergency.
Published 26 Jan, 2020 12:00am
Buzdar rules out existence of any forward bloc

Buzdar rules out existence of any forward bloc

Punjab Chief Minister Sardar Usman Buzdar Saturday said that neither there is any forward bloc nor any pressure group in Punjab; we are taking coalition party along and all the stakeholders of the Punjab government are on the same page.
Published 26 Jan, 2020 12:00am
PM to embark on 'mission Punjab' today

PM to embark on 'mission Punjab' today

Prime Minister Imran Khan is scheduled to hold crucial meetings with senior provincial PTI leadership today (Sunday) to pacify disgruntled PTI allies, and aggrieved Pakistan Muslim League Quaid (PML-Q), Business Recorder has learnt.
Published 26 Jan, 2020 12:00am
India again targets civilians along LoC: ISPR

India again targets civilians along LoC: ISPR

The Indian army once again resorted to ceasefire violations from across the restive Line of Control (LoC), the Inter-Services Public Relations (ISPR) said on Saturday.
Published 26 Jan, 2020 12:00am
Cigarette industry output plunges following FED hike: SBP

Cigarette industry output plunges following FED hike: SBP

The significant increase in Federal Excise Duty (FED) on cigarettes has adversely affected the output of the industry. According to the State Bank of Pakistan (SBP), the output of the cigarette industry sharply declined by 34.5 percent during first quarte
Published 26 Jan, 2020 12:00am
Economists list factors behind rising inflation

Economists list factors behind rising inflation

"Would the Pakistan Bureau of Statistics (PBS) let Pakistanis know where atta can be bought for Rs 40 per/kg so that people can go there to buy atta," it was stated by former Finance Minister Dr Hafiz Pasha.
Published 26 Jan, 2020 12:00am
EFP protests 'unauthorized' visits to factories

EFP protests 'unauthorized' visits to factories

Employers Federation of Pakistan has said that it is inundated by complaints from members regarding unauthorized visits being undertaken by a Commissioner appointed by Sindh High Court and who is "overstepping" the mandate vested by the Sindh High Court.
Published 26 Jan, 2020 12:00am
Akbar Sher Babar: PM challenges IHC verdict

Akbar Sher Babar: PM challenges IHC verdict

Prime Minister Imran Khan on Saturday challenged the Islamabad High Court verdict declaring Akbar Sher Babar as a member of Pakistan Tehreek-e-Insaf (PTI).
Published 26 Jan, 2020 12:00am
Wells urges India to release political leaders in IoK

Wells urges India to release political leaders in IoK

The US envoy Alice Wells, who recently visited New Delhi, urged India for immediate release of political leaders detained without charge in Indian Occupied Jammu and Kashmir post the abrogation of Article 370 of Indian constitution. Alice Wells, the Princ
Published 26 Jan, 2020 12:00am
Effects of GIDC reduction on fertilizer and agri sector
Letters

Effects of GIDC reduction on fertilizer and agri sector

Based on the recommendations of the Economic Coordination Committee (ECC), the government is likely to approve 99 percent reduction in Gas Infrastructure Development Cess (GIDC) on fertilizer to decrease urea prices. This decision is all set to accrue ben
Published 26 Jan, 2020 12:00am
IR discipline needs revamping
Articles

IR discipline needs revamping

International Relations (IR), as a separate discipline, is almost 100 years old but in Pakistan its academic life is nearly 50 years. Mostly promoted by US and Britain as major powers, it drew its roots from the discipline of Political Science and Area St
Published 26 Jan, 2020 12:00am
Need for timely currency adjustments
Articles

Need for timely currency adjustments

Political pressures are mounting on PM Imran Khan to control inflation and create new jobs. Coalition partners are flexing muscles to get MNAs'/MPAs' funds, seeing that members within PTI clan are voicing concerns now. A government with a razor-thin major
Published 26 Jan, 2020 12:00am
The threat of coronavirus

The threat of coronavirus

A mysterious new virus has claimed 41 lives since emerging from a seafood and animal market in the Chinese city of Wuhan in Hubei province. Causing pneumonia like symptoms, the virus named as coronavirus has spread across China, several Asian countries an
Updated 27 Jan, 2020 08:52am
Where is the whole truth?

Where is the whole truth?

Although the severe political turbulence buffeting Sardar Usman Buzdar's government is not yet over, the winds of in-house change are blowing through the provinces of Khyber Pakhtunkhwa and Balochistan. Reports suggest that a revolt within the ruling PTI
Updated 27 Jan, 2020 08:52am
Condolence

Condolence

Sarmad Ali, Secretary General of the All Pakistan Newspapers Society has expressed profound grief on behalf of APNS Office Bearers and members of the Executive Committee over the sad demise of Akram Daar uncle of Muhammad Umar Butt, Chief Editor, Daily Pr
Published 26 Jan, 2020 12:00am
Gold prices up

Gold prices up

Gold trading was closed at Rs 91000 per tola, up by Rs 700 on the local market, traders said on Saturday. The precious metal was traded for Rs 78081 per 10 grams up by Rs 600 and $1572 an ounce up by $ 13. Silver was selling for Rs 1000 per tola, Rs 857.3
Published 26 Jan, 2020 12:00am
Bulgarian envoy calls for joint ventures
Business & Economy

Bulgarian envoy calls for joint ventures

Ambassador of Bulgaria Aleksandar Borisov Parashkevov on Saturday said the lowest tax rate and tax holiday has made his country a lucrative destination for investment. Pakistani businessmen should avail this opportunity by joining hands with their Bulgari
Published 26 Jan, 2020 12:00am
Export shipments: APMPEA terms ANF's checking process 'reckless'

Export shipments: APMPEA terms ANF's checking process 'reckless'

All Pakistan Meat Processors & Exporters Association (APMPEA) Chairman Nasib Ahmad Saifi has drawn the attention of the Trade Development Authority of Pakistan (TDAP) and Ministry of National Food Security & Research (MNFS&R) towards what he claimed 'reck
Published 26 Jan, 2020 12:00am
Need for increasing number of EM physicians stressed

Need for increasing number of EM physicians stressed

"We need to change the concept of emergency medicine (EM) in Pakistan. We also need to increase the number of trained EM physicians. There should be a two-year certification, one year diploma or MCPS in EM.
Published 26 Jan, 2020 12:00am
Five dry ports to become functional in March: Rashid
Business & Economy

Five dry ports to become functional in March: Rashid

Federal Minister for Railways, Sheikh Rasheed Ahmad on Saturday said that five dry ports will be restored and made functional by March this year. Talking to media here after inaugurating the freight train at dry port Mughalpura, the minister said that bus
Published 26 Jan, 2020 12:00am
President, Punjab governor discuss important issues

President, Punjab governor discuss important issues

President Dr Arif Alvi Saturday held a meeting with Punjab Governor Chaudhry Mohammad Sarwar, here Saturday and exchanged views on government affairs and other matters of mutual interest.
Published 26 Jan, 2020 12:00am
Rs 425.69 billion released under PSDP
Business & Economy

Rs 425.69 billion released under PSDP

The federal government has released Rs 425.69 billion (60.73 per cent) including Rs 85.168 billion foreign aid (66.39 per cent) for various ongoing and new development projects under the Public Sector Development Program (PSDP) 2019-20 against the total b
Published 26 Jan, 2020 12:00am
Flour, sugar prices witness upward trend

Flour, sugar prices witness upward trend

Prices of milk, chicken, wheat flour and sugar witnessed an increasing trend during this week past against the preceding week, a survey conducted by Business Recorder revealed here on Saturday.
Published 26 Jan, 2020 12:00am
Crime rate on the rise in Capital

Crime rate on the rise in Capital

Over 21 incidents of different robberies, car lifting, murder and kidnapping took place in various parts of the city during the last week, exposing the police performance with respect to protection of life and property.
Published 26 Jan, 2020 12:00am
Food security projects launched in Swabi, Torghar

Food security projects launched in Swabi, Torghar

Pakistan Poverty Alleviation Fund (PPAF) Saturday launched a project on "Enhancing Food Security through Strategic Interventions in Agriculture" in 12 union councils of districts Swabi and Torghar of Khyber Pakhtunkhwa.
Published 26 Jan, 2020 12:00am
CCP warns companies against unfair trade practices
Business & Economy

CCP warns companies against unfair trade practices

In the interest of general public, the Competition Commission of Pakistan (CCP) has conveyed to the corporate sector that companies involved in misleading and unfair trade practices must be discouraged from selling their inferior products/services in a de
Published 26 Jan, 2020 12:00am
Divided EU leaders to hammer out budget at February summit
Global Business Economy

Divided EU leaders to hammer out budget at February summit

European Union leaders meet next month in Brussels to try to agree a first post-Brexit longterm budget, with divisions over proposed cuts that could undermine defence and climate change ambitions. European Council President Charles Michel on Saturday invi
Published 26 Jan, 2020 12:00am
Wind forces Boeing to again delay first flight of 777X
Global Business Economy

Wind forces Boeing to again delay first flight of 777X

High wind forced Boeing to again delay the inaugural flight of its long-haul 777X aircraft on Friday. "We'll try again tomorrow," Boeing said on Twitter, aiming for a 10:00 am (1800 GMT) flight from the airfield in Everett, Washington near the company's h
Published 26 Jan, 2020 12:00am
Protesters hit Beirut streets to mark 100 days of demonstrations

Protesters hit Beirut streets to mark 100 days of demonstrations

Hundreds of people hit the streets of the Lebanese capital on Saturday to mark 100 days of anti-government demonstrations and denounce a new cabinet line-up. Protests demanding the removal of politicians deemed incompetent and corrupt have gripped Lebanon
Published 26 Jan, 2020 12:00am
Trump, Johnson talk security ahead of Huawei decision
Telecommunication

Trump, Johnson talk security ahead of Huawei decision

Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China's Huawei in its 5G networks, officials said Saturday. In a phone call on Friday evening, the leaders "discussed a
Published 26 Jan, 2020 12:00am
Record rainstorms in Brazil claim 11 lives

Record rainstorms in Brazil claim 11 lives

At least 11 people have been killed by storms in southeastern Brazil, the same region where a dam collapse one year ago killed 270 people, firefighters said on Saturday.
Published 26 Jan, 2020 12:00am
Pompeo loses his temper with journalist

Pompeo loses his temper with journalist

Shouts, glares and unprintable words: US Secretary of State Mike Pompeo lost his temper at a journalist after she questioned him on the administration's stance on Ukraine, the country at the heart of President Donald Trump's impeachment trial. It began w
Published 26 Jan, 2020 12:00am
China's ZTE plans $1.7 billion A-share sale
Stocks

China's ZTE plans $1.7 billion A-share sale

ZTE Corp said it was looking to raise 11.51 billion yuan ($1.7 billion) from a private placement of A shares, and that it plans to use the proceeds for research and development (R&D) of 5G networks as well as working capital.
Published 26 Jan, 2020 12:00am
Philippines raises $1.3 billion from euro bond issue
Stocks

Philippines raises $1.3 billion from euro bond issue

The Philippines raised 1.2 billion euros ($1.33 billion) from the capital market by selling its first ever zero coupon three-year euro-denominated bond and securing the lowest coupon ever for a nine-year deal, its finance secretary said on Wednesday.
Published 26 Jan, 2020 12:00am
Investors extend largest pullback from US stock funds since 2016
Stocks

Investors extend largest pullback from US stock funds since 2016

Investors pulled $4.5 billion out of mutual funds and exchange-traded funds that hold US stocks last week, extending the longest consecutive pullback from the domestic stock market since the spring of 2016, according to data released on Wednesday by the I
Published 26 Jan, 2020 12:00am
Investors scramble for eurozone government debt in record numbers
Stocks

Investors scramble for eurozone government debt in record numbers

The rush for eurozone government debt showed no signs of slowing last week, as investors flocked to new fund raisings by Italy and Belgium a day after Spain saw record demand. January has seen a flurry of issuance from European governments including Irela
Published 26 Jan, 2020 12:00am
Canadian dollar slips
Money & Banking

Canadian dollar slips

The Canadian dollar edged lower against its US counterpart on Friday, lingering close to the one-month low hit in the previous session, as the coronavirus outbreak weighed on oil prices and amid broad-based strength for the US currency.
Published 26 Jan, 2020 12:00am
Lebanon caps dollar exchange rate
Money & Banking

Lebanon caps dollar exchange rate

Money changers in protests-hit Lebanon agreed to cap the dollar exchange rate at 2,000 pounds as part of efforts to curb the local currency's devaluation on the parallel market.
Published 26 Jan, 2020 12:00am
Modest activity seen on cotton market
Cotton & Textile

Modest activity seen on cotton market

Modest activity was witnessed on the cotton market on Saturday owing to lack of fresh leads, dealers said. The official spot rate was unchanged at Rs9100, they added. In the ready session, about 2000 bales of cotton changed hands between Rs8700-9200, they
Published 26 Jan, 2020 12:00am
Canadian canola futures slide
Commodities

Canadian canola futures slide

ICE Canadian canola futures sagged on Thursday, pressured by weakness in palm and soyaoil, and technical selling. Technical sales began when the March contract dipped below $474.10, last week's low, a trader said. It slid below the 50-day moving average f
Published 26 Jan, 2020 12:00am
European gasoline margins fall
Energy

European gasoline margins fall

Northwest European gasoline barge refining margins fell to around $5.20 a barrel on Thursday on rising US inventories, but a fall in regional stocks capped losses. US gasoline stocks rose by 1.7 million barrels last week to 260 million barrels, the Energy
Published 26 Jan, 2020 12:00am
'Exciting cricket ahead for Quetta Gladiators'
Cricket

'Exciting cricket ahead for Quetta Gladiators'

Nadeem Omar, owner of Quetta Gladiators, one of the franchises of the Pakistan Super League (PSL) has said that his team would be looking to defend their title by playing more responsibly in the PSL 2020 edition.
Published 26 Jan, 2020 12:00am
Nadal, Halep roll on
Other

Nadal, Halep roll on

World number one Rafael Nadal and Wimbledon champion Simona Halep dodged an exodus of seeded players as the shocks kept rolling at the Australian Open on Saturday.
Published 26 Jan, 2020 12:00am
Your rupee last half year

Your rupee last half year

Following currency fluctuations took place in foreign exchange rates during the last half year. (July 02 to December 31, 2019).

Published 26 Jan, 2020 12:00am
Automart: car prices in Karachi

Automart: car prices in Karachi

The prices of different makes and models of cars prevailing in Karachi in the week ended Saturday (January 25, 2020).

Published 26 Jan, 2020 12:00am
The Weather

The Weather

The weather report on Saturday (January 25, 2020) and the forecast for Sunday (January 26, 2020).

Published 26 Jan, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Saturday (January 25, 2020).

Published 26 Jan, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Saturday (January 25, 2020).

Published 26 Jan, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Saturday (January 25, 2020)

Published 26 Jan, 2020 12:00am
Hides and skin rates

Hides and skin rates

Hides and skin rates in rupees prevailing on the commodity markets in Karachi on Saturday (January 25, 2020).

Published 26 Jan, 2020 12:00am
THE RUPEE: Steady trend
Money & Banking

THE RUPEE: Steady trend

The rupee did not move any side against the dollar on the money market on Saturday in the process of trading activity, dealers said.
Published 26 Jan, 2020 12:00am